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great news out today Posted by: insureman Date: Monday, June 09, 2008 10:10:20 AM In reply to: None Post # of 223878
CXAC News... CXAC Follows Plan for Fast Growth
MIAMI, Jun 09, 2008 (BUSINESS WIRE) -- Cross Atlantic Commodities, Inc. (CXAC), manufacturers and distributors of nationally branded commodities, food and general merchandise to food stores, supermarkets and club stores, announced it signed an 18 month marketing agreement that would entitle CXAC to direct access to nearly 4,000 top national food chains and major food club stores.
"We are committed to following through with our plan for fast growth," said CEO Jorge Bravo. "The signing of the marketing agreement provides us with access to some of the largest retail food stores and major club chains throughout the US markets," continued Bravo.
Within 60-90 days CXAC expects to have its German pasta on the shelves of nearly 4,000 stores. Bravo explains, "It is imperative that we have direct access to a point of entry with these food chains. Our 18 month marketing agreement will provide CXAC with the type of exposure necessary to put our product on the fast track within 30 days."
"The exposure, credibility and product delivery to over 4,000 food stores puts CXAC on the fast track for explosive growth," concluded Bravo.
About Cross Atlantic Commodities, Inc.: Cross Atlantic Commodities, Inc., manufactures, distributes and markets specialty food products and general merchandise to large food chains, clubs and mass merchants. Through our moniker, Import Foods Division, we assist overseas manufacturers in the conformities of US packaging and label standards. Our proprietary brand, Fruit2 Go(R), is a unique and healthy fruit snack packaged in a squeeze pack of our own design. Spray n Shine is our environmental friendly waterless wash & wax that can clean up to 5 cars in a single can without the use of water or soap.
Cross Atlantic Commodities, Inc. is a fully reporting company trading on the OTCBB under the symbol "CXAC." Contact Investor Relations at (954) 678-0698 or visit http://www.crossac.com.
This Press Release contains or incorporates by reference "forward looking statements," including certain information with respect to plans and strategies of Cross Atlantic. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes," "suggests," "anticipates," "plans," "expects," and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Cross Atlantic operations that could differ materially from those indicated by such forward-looking statements.
posted
Cross Atlantic Commodities Secures $100,000.00 per Week in Direct Response Television Media Re-Juv by Caci
2008-12-18 09:00 ET - News Release
FORT LAUDERDALE, Fla. -- (Business Wire)
Cross Atlantic Commodities, Inc. (PINK SHEETS:CXAC), a manufacturer and distributor of nationally branded commodities, including food and general merchandising for stores nation-wide, announced today that it just obtained $100,000.00 per week in Direct Response Television Media, for its national cable debut in the beginning of January. To support customer orders, the Re-Juv e-commerce web site, www.rejuvbeauty.com, is open 24/7.
"This is the biggest event that CXAC has had,” states Jorge Bravo, CEO. With $100,000.00 in Media Buying per week, this gives Cross Atlantic Commodities the ability to buy media, and preserve their cash. In direct response, the average ratio is 1.8 to two. For every dollar CXAC spends, we should get 1.8 to two dollars back. We are working on a 30% margin.
Cross Atlantic Commodities, Inc. will be launching the second week of January. Although it has taken longer than we wanted, waiting has brought us the media funding needed and has allowed us the time to re-think our offer, making it more suitable for these economic times. We are offering our Re-Juv Immediate Results Anti-Wrinkle Cream for $14.95 and you get a second one free. We feel that changing our offer from $79.95 to $14.95 plus S&H will make it affordable to everyone.
“We are very excited about the direction we are heading. Although it has been hard work, it will pay off for the company and our shareholders,” states Bravo.
We are also negotiating to restructure our debt, and we are working out a plan that will be good for company, shareholders and our debenture holders. Once this debt is restructured, it will give a clear path as to the financial structure of Cross Atlantic Commodities, Inc.
Posts: 28 | Registered: Jan 2008
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posted
Cross Atlantic Commodities Inc. Corporate Update
2008-12-19 09:00 ET - News Release
FORT LAUDERDALE, Fla. -- (Business Wire)
Cross Atlantic Commodities, Inc. (PINK SHEETS: CXAC), a manufacturer and distributor of nationally branded commodities, including food and general merchandising for stores nation-wide, is issuing a corporate update and status of business.
For the past 6 months, CXAC has done its best to bring products to market and increase shareholder value. Along the way CXAC has overcome some major pitfalls; including delays in production, lack of capital and stock dilution. CXAC is surviving these hard times by following their business model. CXAC has all the necessary tools to launch its business plan and is ready to bring product to market in the first quarter of ’09.
Jorge Bravo, President and CEO of CXAC stated, "Many questions are asked about our depressed stock and our intentions. First and foremost, there are NO plans for a reverse stock split in the immediate future. We are adjusting our business model quarterly and there is NO plan for a reverse stock split in the first quarter in 2009, and we will review our growth every quarter."
CXAC has signed contracts with a Media Buying Company, one strongest in the Direct Response industry, and a Fulfillment House that will take all orders and ship them out. We are also in the process of interviewing telemarketing companies to handle all sales and up sales from the Direct Response Commercials. Many companies are committed to the success of Re Juv by Caci, and this shows that management is committed to the success of CXAC.
About Cross Atlantic Commodities, Inc.:
Cross Atlantic Commodities, Inc. manufactures, distributes and markets specialty food products and general merchandise to large food chains, clubs, and mass merchants. The Import Foods Division assists overseas manufacturers in the conformities of US packaging and label standards. The Fruit 2 Go® brand is a unique and healthy fruit snack packaged in a squeezable pack from our own design. Spray n Shine is our environmentally friendly waterless wash & wax that will clean up to five cars in a single can without the use of water or soap. Cross Atlantic Commodities, Inc. is a fully reporting company trading on the OTCBB under the symbol CXAC. For more information, visit www.crossac.com.Posts: 28 | Registered: Jan 2008
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Cross Atlantic Commodities Inc. To Retire 1 Billion Shares Monday December 22, 10:55 am ET
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Cross Atlantic Commodities, Inc. (Pink Sheets:CXAC - News), a manufacturer and distributor of nationally branded commodities, including food and general merchandising for stores nation-wide, is proud to announce that affective immediately the company will decrease its authorized shares by 1 billion shares in he coming weeks.
On other company updates, CXAC through its Board of Directors and Management has decided to concentrate its total efforts on its Re Juv by Caci Line. "The Company will be holding in the coming weeks corporate meetings to discuss the potential sale of its other brands including Black White Coffee and Fruits2 Go. The funds from the sales of these subsidiaries will go to fund Re Juv," states Jorge Bravo, CEO of CXAC. World Anti-Aging Products Market to Reach U.S. $115.5 Billion by 2010, according to New Report by Global Industry Analysts. Driven by the aging world population, the desire to preserve youth, and the numerous advancements made in reversing the natural process of aging, the world market for anti-aging products is projected to reach U.S. $115.5 billion by the year 2010. "The need to stay young is a vortex that is dragging in ever-younger consumers, and this expansion in target audiences is expected to help drive the market's growth into the future. This is the ideal time to be concentrating all efforts marketing our Re Juv by Caci line," states Bravo.
Posts: 111 | From: Detroit | Registered: Jun 2008
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posted
Cross Atlantic Commodities Inc. Schedules Media Buying for First Quarter
Cross Atlantic Commodities, Inc. (Pink Sheets:CXAC), a manufacturer and distributor of nationally branded commodities, including food and general merchandising for stores nation-wide, is ready to launch the Re-Juv by Caci line and is beginning to schedule its Media Buying.
For the first quarter of 2009, Cross Atlantic will spend $1 million in there Media Buying for there National Cable Launch. “We are very excited about our launch, and look to launch the week of January 19, 2009,” states Jorge Bravo, President / CEO of Cross Atlantic Commodities Inc. In following with the National average in spending in Media Buying, we should get $2.00 back for every dollar spent. That should give us $2 million in revenues for the quarter.
Posts: 28 | Registered: Jan 2008
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posted
Cross Atlantic Commodities Inc. Shoots New Direct Response Commercial And On Schedule for Launch BusinessWire 9:00 AM ET
Cross Atlantic Commodities, Inc. (Pink Sheets: CXAC), a manufacturer and distributor of nationally branded commodities, including food and general merchandising for stores nation-wide, has shot its New Direct Response Commercial for its Re-Juv by Caci Line and final edits are in process.
Cross Atlantic Commodities has shot its new commercial and is on schedule to launch the week of January 19, 2009. "We are working hard on the commercial to get the new offer ready to launch," states Jorge Bravo, President / CEO of CXAC. With the new offer for our Re-Juv by Caci Immediate Results at $14.95, plus Shipping & Handling, you receive a second Re-Juv by Caci Immediate Results free should be a great success. We are also hiring a Tele-Marketing Department to offer our Day and Night Cream at a TV Offer of $24.95, plus shipping & handling. "In offering the upsale, this will increase our weekly revenue, without spending anymore on media," states Bravo.
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-------------------- "When you're in a hole, the first thing you do is stop digging." -H. Ross Perot Posts: 111 | From: Detroit | Registered: Jun 2008
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Cross Atlantic Commodities Inc. Announces Launch Date for Nationwide Airing of Its TV Commercial Across 5 Networks and 250 Million Subscribers for Rejuv by Caci(r)
Feb 18, 2009 08:30:25 (ET)
FORT LAUDERDALE, Fla., Feb 18, 2009 (GlobeNewswire via COMTEX) -- Cross Atlantic Commodities, Inc. (Pink Sheets:CXAC), is pleased to announce, on Wednesday, February 25, 2009, the test marketing airing of its nationwide commercials for its Rejuv by Caci(r).
Rejuv by Caci(r) commercial spots are 120 seconds in length and will be seen nationwide 62 times by approximately 250 million subscribers on 5 channels. The channels chosen for this campaign tie perfectly into the demographics that resulted from our market research conducted by "Direct Avenue."
Each Rejuv by Caci(r) commercial will be seen nationwide on the following channels: The CW Television Network (across 115 syndications with 15 spots having 10 million subscribers), Discover Health (6 spots with 45 million subscribers), Fitv (22 spots with 38 million subscribers), Hallmark Movie (13 spots with 86 million subscribers) and WE (6 spots with 72 million subscribers).
The company would also like to announce that CEO Jorge Bravo will be available for a live interview at http://www.investmentnation.com/ on Monday, February 23, 2009 at 6 pm EST to discuss the company's plans moving forward. Investors, who wish to attend the interview, are encouraged to view the CXAC message board, within the Investment Nation Website, by visiting the following link http://www.investmentnation.com/viewboard.php?id=590&sb=Y&sc=Y
Investors are also encouraged to post questions that they may have, to the CXAC Investment Nation message board, for addition into the interview format prior to the scheduled interview. You will also be given the opportunity to ask questions after the bulk of the pre-submitted questions have been addressed.
Investment Nation was built to provide a forum for new and experienced investors to gather and share market information in a clean and professional environment. The site is designed to be user-friendly and simple, allowing investors to get the market information they need quickly and easily.
About Cross Atlantic Commodities, Inc.
Cross Atlantic Commodities, Inc. manufactures, distributes and markets specialty food products and general merchandise to large food chains and clubs. Spray n Shine is our environmentally friendly waterless wash & wax that will clean up to five cars in a single can without the use of water or soap. Rejuv by Caci(r) is our immediate results anti-aging cream. Cross Atlantic Commodities, Inc. is a publicly trading company under the symbol CXAC. For more information, visit www.crossac.com .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This document contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after. Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
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Anyone watching CXAC. Appears to be moving to .0003 ask. Any thoughts on where it is going. I bought and hope to get out at a profit. Just starting to invest in pennies and didn't time SKYF right. Asking as I'm learning. I bought CXAC at .0002 should I try and get out at .0003???? If anyone has their personal insight I would love hearing it. Thanks
-------------------- Goodday,Goodluck Posts: 7 | From: United States | Registered: Feb 2009
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posted
This is copy/paste from the .doc file that was available for download after the interview
100,000 a week.
Debt with hedge fund. No conversion of stock.
How to expand customer base.- Direct response. 4-6 months 800,000 to 1.2 million dollars Media spends. 12 to 13,000 customers a week
If its good for the company then bring it retail to the mass market.
Has issue with CD holders been resolved. Yes and No. On hold. Working on a cash payment to them. Will have no convertible debt. 750,000 debt right now. Terms not finalized yet. Not using stock.
A/S 4.9 billion with 3.8 billion outstanding.
Have you considered selling the pasta and wash n go etc.
Looking at third quarter on the two above.
Fruit to go is on hold right now. In development stage.
CXAC going to expand their commercials on TV. A national cable launch is our thought process.
Any celebrity endorsement. We are in contact with and looking at this.
Any products as strong as ReJuv for marketing. Immediate Results and Day and Night Cream. Expanding the Rejuv line.
Have two people that have over 60 years experience to bring more products to market.
4-6 month down the road to bring Rejuv to retail market.
Preliminary weekly or monthly sales figures on Rejuv since call center took orders. Call center and web site will take orders starting tomorrow. Sold about 2500 units with web site sitting with no advertising.
What and when is the next product CXAC will bring out. Waterless wash and wax in 4-6 months. A few more lines for Rejuv within 6 months to follow up with anti-aging cream.
Walmart or Sams Club thoughts. Not presented to them at this time. Have major retailer working with on Pasta at present. Waiting on them presently. Keep calling back keep following up with them.
Rejuv have any scrubs or lotions to compliment the other products. 6-8 months.
2009 revenues so far- $15,000 but that has no bearing. That is happening now. From March until now the company is launching as of now. Will become an important issue starting NOW.
What type of revenue expect from test run for Rejuv. $30,000 for one week run.
What type of marketing after the test marketing for Rejuv. Go into $100,000 a week media buying. Looking at an email campaign.
Why is the stock price fluxuating so much? That’s a good question. Follow the company and working to bring the revenues that will bring value to the shareholder. I am doing everything possible to bring consistency of revenue and value to shareholders. Other than that I don’t know.
Why is the company selling stock at these levels? Company needed to raise a small amount of money for the test market. After we launch a limited amount of money needed. No one selling large blocks of stock. Company not looking for a full blown campaign to raise money.
When do you expect the stock price to rise? I don’t know. I have nothing to do with the stock price. Follow the News. We will issue PR’s and be transparent. We have no control over the stock price. We are poised to take off.
Where do you see CXAC in the near future and at the end of 2009? Once we get into our media spend of $100,000 we could see revs of $2 million a month. A million five a million seven. Starting in April. 19-20 million revenues by end of 2009. We don’t need additional money to hit these numbers.
How do you feel about the companies current stock price? We wish it was higher. We have awareness in the company and awareness in the stock. As the CEO we want the shareholder to see we are doing what we are saying. We have the commercial shot and the media buys in place. Keep news flowing and keep everyone informed is the best I can do. As the CEO of the company have no control of the stock price. We are not a story telling company. We are a revenue building company.
We had to make a decision about three four months ago with limited capital. To launch all our products was a dream. We made a decision to bring a product to the market the fastest and we chose Rejuv. Fastest way to build revenues and get the company up and going. It was a choice financially. Coffee is a hard sell. So that’s the reason we wanted to build confidence.
Any chance of a buyback of stock once profitable. Take a serious look at. Yes we will take a strong look at it.
pchouston13 [Feb 23, 16:28]: what is the status of the 1 billion share retirement that was mentioned in an earlier press release.
bisoubud [Feb 23, 16:28]: Once the test market is completed, and you have a consistant revenue stream, will the financials you provide
be audited and will you consider a possible stocl buyback? We are working on being transparent and posting our revenues with full disclosure. Answer is yes and follow the News. Won’t be audited in the beginning.
abcdefg [Feb 23, 16:28]: what one item is the focal point of the company? Focal point is launching Rejuv and getting it up and going. Getting it up and running.
How does the company retrieve the results from the direct response campaign? Is it a merchant account ? Just how does that work? We have live reports. We will know starting tomorrow but as of Friday we will have more results. Will be tracking live on a daily basis.
MagTV [Feb 23, 16:31]: can you give us your genreral asseement of the company's viability? We have done everything to make this company successful. We have products tested. Now its launching the commercials for Rejuv. Anti- aging is a 60 billion market. Soon to be a 110 billion dollar market. Direct response only way to be successful.
Should we expect a press release on Friday or Monday updating us on the initial success of the commercials? Yes a press release by Monday on the results.
Nysegolfa [Feb 23, 16:33]: So as of now you are operating on a full cash basis? As of now a full cash basis
righty [Feb 23, 16:33]: Whats the turn around time on the revenues, from sale to in the company account? 3 days from the time that the order gets processed the company has money in the bank in 3 business days. 3 days a week money is wire transferred into the account.
scott1966 [Feb 23, 16:33]: Hello Jorge can you tell me if you plan on retiring any shares? Already answered previous.
pchouston13 [Feb 23, 16:34]: how many employees does CXAC have? 5 employees. Everything is outsourced. Everything a major company has without the employee base. Don’t want to be drained on its overhead. As much profit and professionalism as possible.
If the market is stunned by the rejuv release Do you have enough supply to meet the demand? Absolutely. Production facility has plenty of capacity to meet demand. Backup to meet demand.
righty [Feb 23, 16:35]: Do you have any immediate plans to set up customers as affiliate salespeople? We have had conversations on that. When we get sales we want buyers to refer and or be affiliates. Word of mouth a great way to sell product.
[IN]Admin Jeff [Feb 23, 16:35]: Who is the woman in the commercial and will you have other celebrities promoting rejuv? Just a normal actress. We are looking at celebrities to promote the product.
Are there any point of sale coupons etc to go out with the product when sold? Yes working to get coupons in product to get sold.
Nysegolfa [Feb 23, 16:38]: How is your market in our companys Hometown Westin Fla? We are going on a national launch so not targeting our hometown. We have sales in our hometown. Concentrating on national launch.
What are the times that the commercials will air? And is there a patent on rejuv? PR on commercial airing tomorrow. No patent. Only trademark. Can’t patent it. Process is unique. Our results are comparable or better than products selling for $100 an oz. Up there with most expensive and best.
How revolutionary is Rejuv on a scale from 1-10? 8 or 9 . Up there with the best.
any efforts to get a famous media rep like oprah or someone with wrinkles to try the product live, i refer to the instant results product?
itsme [Feb 23, 16:40]: approx. how long does(days) rejuv last for an average user before they need to reorder
Posts: 28 | Registered: Jan 2008
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posted
Cross Atlantic Commodities Begins Full Financial Disclosure
CXAC Retains Miami CPA Firm to Assist in Financial Reports
FT. LAUDERDALE, Fla., Feb 25, 2009 (GlobeNewswire via COMTEX) -- Cross Atlantic Commodities, Inc. (Pink Sheets:CXAC) is pleased to announce that it has retained a CPA firm to assist with full disclosure.
Jorge Bravo, President and CEO of CXAC, stated, "As part of our discipline of continuously bringing adequate current information to the investment community we have retained the accounting services of Kim Marks, CPA of Miami, FL to assist with the disclosure of our financials."
"In the best interest of our investors, CXAC will be fully transparent. Full disclosure is a must in today's economy," stated Bravo.
Moving forward CXAC will begin to report quarterly financials, amendments to its articles of incorporation, reports to shareholders, merger announcements, officer/director appointments and any other corporate information deemed relevant to full disclosure.
Bravo stated, "It is time for CXAC to walk the walk. We've been talking about what we are doing to bring shareholder value back to our investors; it is time to show the public what we are doing."
Within the next 45 days CXAC should have information disclosed with http://www.pinksheets.com that will put them at the status of CURRENT INFORMATION.
"We are very pleased to be working with Kim Marks, CPA. CXAC was last transparent during the second quarter 2008 and we believe this is a significant step in regaining the investment community's trust. We are moving forward and being transparent is very necessary. This is a very important step for CXAC; we are proud of what we have accomplished and want the community to be aware of what we are doing," concluded Bravo.
Other news: Launching of the commercial has commenced, and please go to our website http://www.crossac.com to see the complete schedule.
Posts: 28 | Registered: Jan 2008
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posted
JUST CAUGHT THE COMMERCIAL ON TV. IT LOOKS GREAT.CEO WILL PUT OUT PR ON MONDAY ABOUT #'S SOLD THIS WEEK. MARKETING, CASH FLOW AND A GOOD PRODUCT SHOULD REALLY GET THIS ONE GOING.
Posts: 28 | Registered: Jan 2008
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Cross Atlantic Commodities Inc. Confirms 2nd Qtr Business Model
Rejuv by Caci Commercials Well On Their Way
FORT LAUDERDALE, Fla., Mar 2, 2009 (GlobeNewswire via COMTEX) -- Cross Atlantic Commodities, Inc. (Pink Sheets:CXAC), a manufacturer and distributor of nationally branded commodities, including food and general merchandising for stores nationwide, confirms today that their nationwide commercials for its Rejuv by Caci(r) beauty products are well on their way. CXAC also updates shareholders on its business plans for the second quarter.
Jorge Bravo, President and CEO of CXAC, comments, "We launched our Rejuv by Caci commercials at the beginning of last week. Rejuv by Caci commercials are being seen on 5 channels nationwide by approximately 250 million subscribers."
CXAC has confirmed that both the web site and call center are taking orders. "It is too soon to begin gauging the merits of the campaign," stated Bravo. "Yes, we are excited so far, and will be begin evaluating the results of the test at the beginning of this week, and keep the public advised of the results. These commercials are simply a test bed for what we plan on campaigning in the near future," continued Bravo.
In Other Business: Jorge Bravo comments, "I want to put an end to the rumors about a reverse split." "There wasn't a need to reverse split our stock in the first quarter nor will there be a need in the second quarter," stated Bravo. "We are moving along just fine and don't see the need to get involved with a reorganization of the company's stock. A reverse is not going to happen in Q2," continued Bravo.
Bravo concluded by stating, "We will continue to fight for a better stock price but at this very moment our sole focus is revenue. As I have stated before, the revenue will drive our stock's price. I am not overly concerned with the daily stock activity; currently we believe traders are taking advantage of our volatility. As soon as we are fully transparent the stock should take care of itself."
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