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Gotta love this "Additionally, two new divisions are being created that will focus on health-orientated Specialty Beverages and On-Premise sales."
Growth..........now just how big and how fast!
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BLUE ISLAND, Ill. (April 17, 2007) – A can of coke has 140 calories; a 15 minute, six mile-an-hour run on the treadmill will take care of that, but consumer trends are beginning to point toward more health-conscious options such as bottled water or tea or diet drinks. So it’s not too much of a surprise that Coke Zero and other noncarbonated drinks helped drive Coca Cola Co. (NYSE: KO) first-quarter profits up 14 percent.
The world’s largest beverage maker reported net income increased $1.26 billion, or 54 cents a share from $1.11 billion, or 47 cents a share. Sparkling beverages volumes were up 5 percent and Coca-Cola reported gains in Dasani bottled water sales which rose 21 percent, Powerade sports drinks sales climbing 7 percent and Minute Maid juice, rising above 10 percent.
The rollout for Coca-Cola Zero to 20 additional markets coupled with strong international sales resulted in the highest quarterly volume growth rate since 2002. Foreign market gains in China and Japan helped offset a decline in North American sales which fell 3 percent.
“We know what we need to do in North America and are carefully addressing the issues,” said Chief Operating Officer Muhtar Kent in a conference call. “It will take some time to achieve the results we desire in this key market, but we expect sequential improvement.”
According to Beverage-Digest, Coca-Cola’s rival PepsiCo. can attribute liquid refreshment beverage growth to its Gatorade, Aquafina and Lipton tea drinks. Support and continual gains from noncarbonated drinks may give inkling as to where the beverage industry is headed.
“With Coca-Cola turning in better earnings numbers, this could show improved operating margins for the beverage industry on aggregate. Smaller companies in the space should not expect that this will affect their bottom lines, but it is a possibility,” said Micros Report Analyst Mike Willingham.
RushNet Inc. (Pink Sheets: RSHN.PK) is one company to bank on healthier drinking choices, leveraged by its cane-sugar sweetened and natural soda beverages under the brand labels Ginseng Rush, Ginseng XXX, Rush Herbal Cola and its electrolyte water products under the e-Water trademark.
Shares of RushNet steadily rose throughout the day up to 100 percent on word it signed a contract to acquire, as a subsidiary, Chicago beverage distributor Garden Beverage Inc. RushNet distributes beverage products in the United States and Canada through distributors and online.
The deal will allow Garden Beverage to continue expanding distributorship through the transition period and will assist RushNet’s growth strategy to focus on health-oriented Specialty Beverages and on-premise sales.
Taking part in the upcoming Green Festivals in Chicago, a marketing opportunity to expose products to target demographics, RushNet executives were unavailable for comment.
Shares of Coca-Cola were up nearly 3 percent to $51.60 Tuesday afternoon; RushNet shares closed at $0.0007, up 75 percent.
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RushNet Inc. Puts The Apple Rush Line Into Cans
Last Update: 1:36 PM ET Apr 19, 2007
BLUE ISLAND, Ill., Apr 19, 2007 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets:RSHN) announced today that it plans to take its Organic Apple Rush 100% Juice Soda line into cans. The move was encouraged by favorable pre-sell orders generated by its brokers and distributors for the bottle line. The company plans to introduce the Apple Rush cans in 5 flavors, Original Apple, Raspberry, Pomegranate, Strawberry and will roll out a new flavor, Grape. The company is targeting late second quarter 2007 for the introduction. To see renderings of the can line-up go to www.applerush.com/newcans.htm. The 12oz cans of Apple Rush will open many new distribution channels for the brand and substantially expand sales volume. As demand grows for sparkling 100% juice beverages, especially Organic, it comes increasingly from these different channels. Cans open the door to middle and high school lunch systems, colleges, vending distributors and sports/entertainment stadiums, venues where glass bottles are not the package of choice or even allowed. To achieve the marketing objectives of much broader distribution and higher consumer sales though, the company plans to seek additional funding for its projected capital needs. Robert Corr, President of RushNet, stated, "Today's youth are still too limited in the choices they have available on and around school campuses. Our Organic Sparkling 100% Juice line-up gives them a great healthy alternative. The line is drawn at 100% juice, in the thrust against the obesity problem, where you can be sure there's no high fructose syrup being added. With a great tasting line-up of Organic 100% Juice beverages, in a versatile container accepted everywhere, the choice becomes easy. We promise to keep the flavors tasting great and to deliver wholesome refreshment to all of our potential customers, young and older."
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Chris just emailed me some pics from the expo. I loaded them up and the link is on the board for future reference. Thanks Chris for sending them to me.
DALLAS, May 4, 2007 (*********wire via COMTEX) -- John Pentony, Publisher of *********.com, announced today that the web site is continuing Profile Coverage of RushNet, Inc. (Pink Sheets:RSHN). RushNet was created to market, develop and produce unique beverages and nutritional products for demanding needs, globally. The company's management is driven by a burning desire to serve their customers as they look for more unique beverage choices and healthful nutritional products to use on a daily basis, at reasonable prices. RushNet is the marketing agent for Organic Apple Rush 100% Sparkling Juice line, e-water , Ginseng Rush(r), Ginseng Rush XXX and Rush Ginseng Cola(r). To view the *********.com Profile for RushNet, Inc., please visit: http://www.*********.com/profiles/rshn About *********.com *********.com features daily alerts going out three times daily to members. To join our email alert list, please visit: http://www.*********.com/stocks.htm
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Management Robert J. Corr President/ C.E.O. Mr. Corr is a 35-year veteran in the food and beverage industry. He is truly one of the major innovators of the New Age/ Nutraceutical/ Energy Drink categories. Mr. Corr has developed and marketed a full spectrum of beverages to both domestic and international markets. He has consulted, licensed and sold brands to well-known food companies. His expertise on American Ginseng and especially its application to beverages is without equal in North America.
Mr. Corr is presently managing his own natural beverage company, Rush Beverage Company, Inc., which has nationwide distribution and is enjoying rising sales throughout the U.S and Canada. Mr. Corr has owned and managed a small chain of Health Food Stores in the Midwest. Upon taking the helm of V-Net Beverage (now RushNet, Inc.) in 2004, he has successfully directed the company to develop its own brands and set a new direction for growth that has been building equity for both its investors and stockholders. This is being done by licensing the Ginseng Rush brands to RushNet and creating new brands, e-water et al, owned by RushNet.
Alex Coronado Vice-President Operations/ Secretary-Treasurer Mr. Coronado is a 30-year seasoned veteran in the food and beverage industry. Mr. Coronado has held Sr. Management positions with R. J. Corr Naturals as well as operations management positions with Yellow Freight Lines and, most recently, Perlman-Rocque, the Midwest distribution arm of the McDonald’s restaurant chain.
Thomas Swan Manager of Beverage Development Mr. Swan is a 36-year veteran of the Natural and Specialty Foods Industry. Mr. Swan was the founder of Food for Life, a Natural Foods distributor in the early 1970’s, which laid the groundwork for companies, such as Tree of Life, to emulate. Mr. Swan has done extensive consulting work and held positions in a variety of Natural Foods Companies.
Bill Daker e-water Sales Manager Bill has over 15 years of experience within the beverage industry. Bill was the founder of Cool Mountain Sodas, in which he developed a national distribution base for this line. Bill brings a significant amount of solid customer relationships and marketing skills to grow product lines.
Robert Tepper Sunrise Brand Management Robert is an accomplished manager of brands. Robert currently represents only choice lines to the Natural Foods Industry. Robert’s greatest accomplishment was the development of the Blue Sky Soda line, which was eventually sold to Hansen’s Beverages.
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RUSHNET, Inc. To Develop New HAWAIIAN Deep Ocean, e-water(R)
Last Update: 12:19 PM ET May 10, 2007
BLUE ISLAND, Ill., May 10, 2007 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets: RSHN), Robert Corr, President of RushNet Inc. announced today that they are in development with DSH International Inc., dba DOHAWAII, to create a new Deep Ocean Hawaii version of their popular e-water. DOHawaii www.DeepOceanhawaii.com is the major bulk producer of Deep Ocean Water in Hawaii, utilizing their ship and barge mobile harvesting technology offshore Oahu, Hawaii, and will be the exclusive provider of bulk Deep Ocean Water to RushNet Inc. The first market for introduction of this pristine bottled water will be Japan, where Deep Ocean Water is already a popular and successful beverage. Predevelopment interest in this product is so enthusiastic that RushNet Inc. plans to target the entire Asian marketplace in the near future. RushNet Inc. is finalizing development of the Deep Ocean and their "taste profile" for the Japanese market at their California bottling facility, Tropical Beverages, Santa Ana, CA, TPBV.PK, which specializes in functional waters, and currently ships numerous designer waters to Japan. Once all regulatory approvals have been obtained, RushNet Inc. plans an aggressive marketing campaign to introduce this unique e-Water, Deep Ocean(TM) www.hookline.com/ewater/picnew1.jpg to the U.S market. RushNet regards this pristine water as an exciting addition to their original e-water(R), new e-Sport(TM) oxygenated water www.hookline.com/ewater/picnew2.jpg. This new line of e-water products further separates RushNet Inc. from the crowded beverage marketplace. Hawaiian Deep Ocean Water is harvested from 600 meters - 2,000 feet below the Ocean surface off Oahu, Hawaii, where the water has been protected from the influences of the toxic environment of our Earth's surface. This remarkably pure resource, considered the healthiest source of water available today, undergoes state of the art desalinization and R/O treatment on station, and is securely shipped to RushNet Inc. in 5,200 gallon flexitank lined containers. Link to DO Water process: www.hookline.com/ewater/DOHawaiikeynote.pdf In June of 2007, DOHawaii will be exhibiting at the Asian Natural Products Expo in Hong Kong, showcasing their BULK mobile harvesting technology, and international delivery options to a wide range of markets requiring large volumes of pure fresh water. RushNet Inc. has arranged for bottles and other sales materials of this new Hawaiian Deep Ocean Water to be available for display at this exhibition, to showcase a finished product. This will be a major opportunity to introduce their new Hawaiian Deep Ocean e-water to buyers from many Asian countries, including Japan, China, South Korea, and Singapore.
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Apple Rush Earns Organic & Kosher Certs., ATO Show Highlights.
Last Update: 11:13 AM ET May 15, 2007
BLUE ISLAND, Ill., May 15, 2007 (BUSINESS WIRE) -- RushNet, Inc's (RSHN.PK) Apple Rush division last week passed both its Organic and Kosher Certification inspections, allowing all its pre-sold orders to be released. Apple Rush Company personnel recently sampled Apple Rush at the All Things Organic (ATO) Trade Show in Chicago May 6-8. The heavily attended show was running concurrent with Grocery industry's FMI and United Produce Shows, as well as the Spring Fancy Food Show, where buyers from all channels crowded the booth and showed major interest in both the bottle and the forthcoming can line. With Apple Rush Company's beverages now fully credentialed, all doors are open to the expanding product line. The company's personnel saw that full potential at the ATO Show with buyers from large and smaller regional grocery, natural and specialty food chains agreeing to take the line on now. The company also received unexpected interest from foodservice buyers, both in the U.S. and overseas. There was much foreign interest in the Organic Apple Rush line. A South Korean foodservice company, who servers one million meals a day, said they wanted the line as well as a major Japanese beverage distributor is looking to make a commitment to import the line. A key distributor with strong ties to a major food & beverage company who covers all the Caribbean and Central America was clearly interested developing its Organic program with Apple Rush as its centerpiece. There was also a serious inquiry from a high ranking U.S. Military Procurement Officer for developing a worldwide distribution program for the Organic Apple Rush line. Robert Corr, President of RushNet and Apple Rush Company stated: "This was a certainly a busy show for us, surprising in some ways; I wasn't expecting to see the foodservice buyers until the National Restaurant Show in Chicago this weekend. The foreign foodservice interest was something special for a new beverage like ours, and I wouldn't be surprised if the volume of the can line exceeds the bottle line by early fall. Filling pre-sold orders from distributors in the Midwest, Southwest, California, the Northwest as well as Western & Eastern Canada, and Puerto Rico, will require us to have additional production runs sooner than we expected." The company also stated that it has added new personnel who will strengthen the operation across the board. A Regional Sales Manager experienced in Metro-Chicago beverage sales has also been added. He will be making Headquarter calls at major grocery and independent chains to gain penetration into the various tiers of grocery distribution. Garden Beverage will handle a good amount of the distribution for those chains that authorize the Organic Apple Rush line.
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RushNet Inc. Appts. Gen 2 Int. to Rep Apple Rush in Asia
Last Update: 2:56 PM ET May 25, 2007
BLUE ISLAND, Ill., May 25, 2007 (BUSINESS WIRE) -- RushNet, Inc. (Pink Sheets: RSHN) President Robert Corr, announced today that the company has expanded their relationship with Gen 2 International. Gen 2 is now the exclusive Sales Agent for Apple Rush in Asia and all the Islands in between. Gen 2 was already under contract with RushNet to sell and market its e-water brand, and other licensed Rush Beverages, in Japan. Gen 2 International is a full service importer and exporter of foodservice products and other retail item, as well as apparel. Their services include securing approvals from Government Ministries for new product imports, strategic marketing, HQ new product presentations, loading distribution channels, managing trade show exhibits, and building and maintaining buyer relationships. The company has over 30 years experience in selling and marketing US made products in Japan, both in the Foodservice and Retail Markets. Among their clients are Denny's Japan (650 units), Co Co's Japan (300 units), and Ito-Yokado Supermarkets, Japan's largest supermarket chain, which is also owns Seven Eleven worldwide. Gen 2 is currently reviewing the 2007 and 2008 tradeshow schedule for Asia. The next event for them will be the Natural Products Expo in Hong Kong from June 27-29. The exhibit will feature the new e-water line highlighting DO Hawaii, suppliers of the Deep Ocean Water which will be the primary ingredient in RushNet Inc.'s new Deep Ocean e-water product. "We are excited about the expanded responsibilities RushNet has entrusted us with," commented Lance Tate, Gen 2's Director of Operations. "With the international appeal of RushNet Inc.'s beverage lines, and our established presence in Asia, this partnership is a natural fit." All of the off-shore leads from 2007's Trade Show activities have been turned over to Gen 2 for prompt development. These include inquires, often multiple ones, from South Korea, Japan, the Philippines, Australia and Guam. Already there is serious pre-order activity for the brand in some of these countries. Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995
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Welcome to the Only Natural & Organic Products Exhibition in Hong Kong – Natural Products Expo Asia 2007 June 27 - 29, 2007 Hong Kong Convention & Exhibition Centre http://www.naturalproductsasia.com/eng_main.php
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RushNet Develops Opportunities for Apple Rush at the NRA
Last Update: 4:04 PM ET Jun 22, 2007
BLUE ISLAND, Ill., Jun 22, 2007 (BUSINESS WIRE) -- RushNet, Inc's (Pink Sheets: RSHN), Apple Rush received a good deal of interest in its new Organic Sparkling Apple Juice line at the recent National Restaurant Show in Chicago. The heavily attended annual trade show for the restaurant and foodservice industry drew over 74,000 industry executives. There was broad interest from small and large operations, domestic and foreign, in both channels for the Organic Apple Rush 100% Juice line, e-water(R) and Ginseng Rush. The most outstanding interest came from a Restaurant Chain with 450 locations who showed great interest in the Apple Rush line and requested a presentation at its home office in Minnesota. Additionally, Pizza Chains with numerous locations thought Apple Rush would fit in well at their restaurants and they plan to order. School food programs found the Apple Rush's can lines timely availability attractive, given the surging demand they are seeing for healthy and Organic beverages. The wave of anticipation for Apple Rush in cans continues to build and this show confirmed the growth potential for expansion into the foodservice arena. Overall, the attendees said they liked the variety of Apple Rush flavors, the appealing look, and that they were "better tasting than the (non-organic) IZZE(R) and Switch(R)". As a result of this and other previous attended tradeshows, Apple Rush is now in distribution in Minnesota, Wisconsin, Illinois, Ohio, Southern California, South Dakota, Canada and Puerto Rico. Apple Rush continues to explore the ever increasing inquiries from 20 serious Asian companies and importers, from multiple countries.
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