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[QUOTE]Originally posted by Time2drum: [QB] News: 8/07/07 Company B L O G Good Morning. As you all know. Hat trick is in the process of rapid growth. Our existing brands are growing rapidly and we are poised to launch new brands within the next 6 months. We are contemplating growth through expansion as well. We are currently speaking with two regional beverage companies. One is in the Mid West (Chicago area) and the other is in the South East (Florida area). Both companies have distribution in their respective areas. Both areas are ones that Hat Trick has targeted as areas we want to our products in soon. It may be advantageous for us to purchase one or both of these companies if we can expand our products into their distribution chains. The finances have to make sense of course. We are not interested in the brands them selves as much as we are the distribution they have. The brands both need help with their packaging and presentation (in my opinion). That, fortunately, is what we do best. We are just starting our due diligence now. It may take a month or six weeks before we get to the heart of the situation. We may get through the process and find out that neither company has anything of value to us. I don't know yet. Some of you may be wondering, how will we pay for this. I would like to avoid using cash because we need all the cash we have for the growth of the projects we already do. We are currently sitting on company shares that will soon be put back in the treasury. I would like to use some of that if possible. We shall cross that bridge when we get to it. I will keep you informed on the progress. Unfortunately, I can't tell you the names of the companies yet because of a non-disclosure. Larry Twombly [/QB][/QUOTE]
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