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DC Brands International Expects First Nationwide Account
Business Wire via COMTEX
Apr 18, 2005 4:14:01 PM
DENVER, Apr 18, 2005 (BUSINESS WIRE) --
DC Brands International (OTC: DCBI) markets their Dickens Energy Cider through an ever-growing network of established distributors nationwide. Today, the company's president, Dick Pearce, announced that he believes they are in the final phases of working out details with what would become the company's first truly nationwide account.
"This will mark a significant milestone for our company," states Mr. Pearce. "I believe we are down to minor details with respect to finalizing this agreement. The group we are talking with has always loved the product and believe it to be the best-tasting in the energy drink category. However, it appears our strategic move to the new 16 oz. cans, coupled with the changes we have made to the logo on our can has produced the desired effect."
Mr. Pearce continues: "I want to be clear, nothing is set in stone today, and until the deal is finalized, we are not comfortable releasing names and hard numbers. However, I am confident that we will be able to make that announcement soon, perhaps even later this month. I will also say that if the numbers we have discussed and projected do come to fruition, it will eventually equate to more than $1,000,000 per month once we are in all of their retail locations. We are very excited about the impact this would have on our company and the fact that this is just one of the many national retailers we plan to be working with in the months and years ahead."
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by DC Brands International with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of DC Brands International as of the date of this release. DC Brands International and its managers and agents undertake no obligation to publicly update any forward-looking statements.
SOURCE: DC Brands International
DC Brands International Keith Howard 303-279-3800 Copyright Business Wire 2005
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Stock Market Alerts LLC: Market Alert for Wednesday! August 3, 2005 M2 COMMUNICATIONS - August 3, 2005 4:02 AM (EDT)
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Miami, FLA., Aug 03, 2005 (M2 PRESSWIRE via COMTEX) -- Stock Market Alert's performance stock list for Wednesday includes: DC Brands International (OTC: DCBI), General Electric Co. (NYSE: GE), Delta Air Lines (NYSE: DAL), Yahoo! Inc. (NASDAQ: YHOO) and Ford Motor Company (NYSE: F).
DC Brands International (OTC: DCBI) yesterday continued a string of good news by issuing a press release that may really get investor's attention. Late yesterday afternoon, that company's president and CEO, Dick Pearce, announced that after several unforeseeable delays in transitioning the product from overseas production to domestic, the new bigger and better 16 oz. original formula cans are hitting the shelves this week and next; the Low Carb Sugar-free will hit next month.
DC Brands International distributes its Dickens Energy Cider through an ever growing network of distributors nationwide.
"It hurt us for a little while, no doubt about that," says Mr. Pearce. "It is fair to say we underestimated the transition process and what it would take to keep the product's look and taste perfect while changing the companies, in fact, the continents we produce it in. We sold completely out of the old 8.4 oz. cans way back in April, and that is reflected in the current stock price. However, we believe the cure for that is now being delivered by the truckload. The demand for this new product is fantastic. We are shipping out some 20,000 cases just this week. We have trucks full of product going out to over eighteen locations consisting of our current distributors as well as some new ones we are very excited about."
The news coming out of the company has been positive, especially over the past month. In July, Mr. Pearce announced that DC Brands had hired Mr. Ken Walsh as VP of Sales starting August 1, 2005. Mr. Walsh comes to the company with over thirty years of executive sales experience with worldwide leading beverage companies like Schweppes, Dr. Pepper and 7-UP.
A couple weeks before that, he also announce that, after traveling to New York City, he secured a multi-stage financing agreement intended to allow the company to meet the exponential increase in demand for its Dickens Energy Cider drinks.
Other Stocks of interest yesterday were: General Electric Co. (NYSE: GE) even on 19.2 million shares traded, Delta Air Lines (NYSE: DAL) down 14.8% on 17.7 million shares traded, Yahoo! Inc. (NASDAQ: YHOO) up 1.6% on 17.6 million shares traded and Ford Motor Company (NYSE: F) up 0.2% on 13.4 million shares traded.
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