Hat Trick Beverages (HKBV) CEO Address Status Report on Business Initiatives
Tuesday , September 02, 2008 08:03ET
TORONTO, Sept. 3 /PRNewswire-FirstCall/ - Hat Trick Beverages Inc. (HKBV.PK) CEO Sender Vaiser provided a status report this morning on the various initiatives announced in recent press releases.
Mr. Vaiser noted, "We have a lot of pokers in the fire, and wanted to provide our shareholders with an update as to how they are progressing. This fall will be very busy as we close these deals and launch a variety of new initiatives. We expect to start seeing significant impact on revenue from these opportunities early in the first quarter of 2009."
Disclosure on Pink Sheets: The Company posted its most recent quarterly results, and is responding to requests from the Pink Sheets for a more detailed Lawyer's opinion. We hope to receive Pink Checkmark status shortly.
Acquisition of Three Swordsmen China Company: The Company's business advisors will be on the ground in China this week following up on recent negotiations to acquire this high growth China based company. Negotiations are proceeding smoothly, and we will provide updates from China as we receive them.
Acquisition of Palm Beach Specialty Coffee: We first announced our interest in acquiring this Florida based specialty coffee company in June of this year. Their business model is very similar to our Hot Beverages espresso/cappuccino distribution business. We have had a chance to conduct our due diligence, and we are working with Palm Beach to review the status of a number of distribution contracts that will expire in the near future. We remain very optimistic about this acquisition, and anticipate that these outstanding questions will be addressed satisfactorily, and the deal can proceed forward to close fairly quickly.
Acquisition of Vendmax International Inc.: This business opportunity is a very interesting fit for the Company. Vendmax has recently launched a new product that takes the benefits of 'energy drinks' and puts them in the form of mints and chewing gum, sold from vending machine. While this business is not in our core competency of beverages, it competes directly with a hot new beverage category, and does overlap with our vending machine products. This has the potential to become a breakthrough product category. We are continuing to review and analyze this opportunity, and get a good sense of how this could be folded in to our existing operations.
Transfer Agents: We expect to resolve outstanding issues with the current transfer agent shortly, and complete the switch to Heritage Trust as the Company's transfer agent moving forward.
Appointment of Atlantic Trade Inc. as Master Distributor: We are pleased to announce the appointment of Toronto, Ontario based Atlantic Trade as the master distributor for the Canadian market. The Company is completing the Canadian version of its franchise agreements, and can be ready to go to market within the next couple of weeks.
USA franchise launch: We are pleased to announce the appointment of Herald Kestebaum as our USA based franchise lawyer. He is preparing the required USA based "UFOC" filings that will be filed shortly, which will allow us to begin offering franchises in those States that our UFOC filing is made and accepted.
New Shipment of Vending Machines: The Company has received its second shipment of vending machines from Italy, and has ample inventory to roll-out its sales and distribution network in the coming weeks.
Launch of Advertising Campaign: The shoot was completed this past week and is in the process of being edited for broadcast. The Company will post an audio track of the campaign on its website shortly.
Henry Ridge Litigation: The Company wishes to clarify that this litigation is essentially between Henry Ridge and the Company's previous CEO. The Company fully expects that this action will be dismissed as being without merit against the company.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Hat Trick Beverages (HKBV) in over 500 new retail locations
TORONTO, Sept. 3 /PRNewswire-FirstCall/ - Hat Trick Beverages Inc. (HKBV.PK) today after the market closed, the issuer announced that its cold beverage division has picked up a major and a significant new distribution in the State of Arizona.
The Company, working with its Arizona distributor, Pinnacle Distributing, has just achieved listings in a total of over 500 new store locations. The Company's Pumped Fitness beverage, shaped in a unique, proprietary package to look like dumbbell weights, will now be available in Hi Health Stores, an upscale grocery chain, as well as Fry's, an important mid-market grocery chain.
Hat Trick Beverage CEO, Sender Vaiser commented; "This is a significant win. These are strong, mid-sized retailers and they are demonstrating faith in the product concept. The combination of an excellent all-natural, lightly sweetened fruit flavored line of fitness waters, coupled with a breakthrough packaging concept has started to attract a lot of interest from distributors as well as retail chains.
The Company is also in discussions with a major national retailer, although it is early on in the negotiations process. The fact that we even have the attention of a major national retailer underlines the potential retail volume we can achieve with this product".
The issuer expects, and projects its initial order of 20,000 cases to begin filling the retail pipeline with product, in September with up to 250,000 cases of anticipated fulfillment.
The entire contract has a face value of $3,900,000.00 to the issuer.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: corporate*hattrickdrinks.com
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Just hit .0029 at noon .... up + 70.6% on over 15X the 10-day volume average. ON FIRE !! but I'm all by myself on this one !! Not much activity here anymore, what happened ????
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Hat Trick Beverages (HKBV) Receives Proposal to Merge With Italian Manufacturer Friday September 5, 6:30 am ET
TORONTO, Sept. 5 /PRNewswire-FirstCall/ - Hat Trick Beverages Inc. (HKBV.PK) is pleased to announce that it has received an initial proposal to merge with a privately held Italian manufacturer of specialty beverage vending equipment. The proposal is to acquire a majority position in Hat Trick for a combination of cash and stock.
The buyer is a well-established supplier in the European market, and a PRE IPO company (Frankfurt Exchange) flush with cash, with assets of approximately $7 to $10 million Euros, and a track record established over 15 plus years of operation. Their capitalization in Frankfurt is expected to be in the $100 million Euro range, once trading begins. They have had some very significant success in Europe, but have not yet approached the North American market.
Hat Trick CEO, Sender Vaiser, explains, "This is a solid company that was originally introduced to Hat Trick as a possible supplier of equipment for our hot beverages division. Over the last couple of months, we have been in extensive discussions to supply Tango Cafe with their product line. They were very interested in our business plans, and ultimately decided that we offered a superb opportunity to not only access the North American market as a supplier, but as a public company as well. The Italian company also operates a coffee roasting division, a logistics centre, and a white label coffee packaging division of their specialty coffee. The buyer is also in a late stage development phase of their own 'Vitamin Water' Cold Drink division.
Mr Mario Capolini, a spokesperson with the company, said, 'The fact that Hat Trick is already engaged in the cold drink business is of great appeal to us, and it appears to us that there are some great synergies with both companies. Our early revenue projections of the Vitamin Water sales just in USA through Hat Trick's already established network have the potential to add additional $10-$12 million dollars in gross revenues to the combined companies. The distribution of our equipment would be a given throughout North America, through Hat Trick's already existing Tango Cafe infrastructure. The number of current pending deals Hat Trick has going is also of great interest to us.'
While it is premature to name the Manufacturer, the intentions are clear. We will be working with legal counsel, our corporate advisors who presented us with this opportunity, and our financial advisors to pull together a comprehensive plan. In the mean time, we will update our shareholders as appropriate while these discussions progress."
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Contact: corporate*hattrickdrinks.com
CONTACT: corporate*hattrickdrinks.com -------------------------------------------------------------------------------- Source: Hat Trick Beverages, Inc.
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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Ran today on " no news ", decent volume and was up today 43.5% !! Something could be up. Made this same type move before a news announcement not too long ago and then exploded after .... jmho !!
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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I bought some a few times.. I hope.. I don't see the chart looking as good as I'd like, but you seem to be on a Joe usually. Just went down a little bump
Posts: 208 | Registered: Sep 2008
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HAD A FEELING YESTERDAY'S RUN MEANT NEWS SOON ......
Hat Trick Beverages (HKBV) to Test Pumped Fitness Water with Major National Retail Chain
Tuesday , September 16, 2008 19:05ET
TORONTO, Sept. 16 /PRNewswire-FirstCall/ - Hat Trick Beverages Inc. (HKBV.PK) is pleased to announce that a major national retail chain plans to introduce Hat Trick's Pumped Fitness water product in store on a test basis.
Hat Trick CEO, Sender Vaiser, explains, "We had an excellent meeting with the buying group today. They have asked us to put together a proposal by the end of this week to identify the best three regional marketing areas within their chain for our product, and the four best flavors to comprise a 'rainbow' pack of 24 bottles per case. This would see a trial sales program that could include up to roughly 300 store locations.
"The next step will be meeting with the regional managers involved, who will ultimately determine the program for their area. This could be on the basis of a one time special Christmas feature product, which would most likely mean shipping a minimum of 2, but more probably 4 pallets of product per store. Alternatively, they may decide to test the product in January on a 30 - 45 day test cycle.
"In either case, once the sales results are in, and assuming they are positive, we could begin to roll out the product nationally on a staged basis starting in the first quarter of next year.
"Logistics and pricing were also reviewed, and our wholesale pricing and delivery methods have been determined for this initial run through."
In the interim, the Company is now going through the registration process with the chain to become a registered vendor.
The Company will continue to provide updated information as it becomes available.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward-looking information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
posted
Rockster, I dont think the AIG ride is over yet,, up to $4.30 already this morning pre-trading.. Not sure what it will do today but was $20.00 a month ago .. JMHO Gary
Posts: 1986 | From: Florida | Registered: Mar 2006
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Hat Trick Beverages (HKBV) Major National Retail Chain Contract
Monday , September 22, 2008 16:31ET
TORONTO, Sept. 22 /PRNewswire-FirstCall/ - Hat Trick Beverages Inc. (HKBV.PK) is pleased to advise its shareholders on the purchase status of the US based National Retail Chain.
Hat Trick CEO, Sender Vaiser, explains; "As we reported last week, we had a very positive meeting with the head office purchasing department of this major chain. At that time, they gave us the green light to talk to regional managers, who ultimately have the authority to make final decisions regarding carrying our product within retail stores that report in to them.
"Further orientations have been scheduled within the next two weeks. These meetings will define the actual retail programs that may be run within each region, including the timing, number of stores and scope of the programs. At this point in time it looks like it's all systems go," explained Mr.Vaiser.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
CONTACT: corporate*hattrickdrinks.com
SOURCE Hat Trick Beverages, Inc.
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Hat Trick Beverages (HKBV) Lands North American Rights to Pringle Vending Machines
Friday , September 26, 2008 17:51ET
TORONTO, Sept. 26 /PRNewswire-FirstCall/ - Hat Trick Beverages Inc. (HKBV.PK) is pleased to announce that the Hot Beverages Division has landed North American distribution rights for vending machines designed to carry Pringles(R) 'Grab and Go' mini cans of potato chips. The machines are being sourced from the manufacturer in Spain, while the actual Pringles product will be purchased from North American based distributors.
Each can contains 1.52 Oz (43g) of Pringles chips in a variety of flavors. The vending machines are designed to carry 42 mini-cans and retail pricing is expected to vary between $1.00 to $1.50 per can.
Hat Trick CEO, Sender Vaiser, explains; "This product will fit naturally with our other vending machine products, particularly the hot and cold beverage/soup vending machines. We see our business developing in two directions; vending machine products (with new product concepts coming from Europe and possibly Asia), and more traditional espresso/cappuccino machines.
We have a very strong network of manufacturers in Europe, and they are really bringing a different sensibility to the vending machine industry. We will leverage this where we can be first to market with a strong new concept such as these Pringles machines."
In other Company news, Hat Trick is proud to be a participant in the 3 Day walk for Cancer Research in San Diego County this weekend. Hat Trick Beverage, along with a local Girl Scout troop will be donating Pumped Fitness to all the volunteers as well as aid stations for all the participants. The walk starts today (Friday) and continues throughout the weekend.
Get the Facts Right. Hat Trick Beverages works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet www.pinksheets.com filings, and updates to our websites.
Other websites not sponsored by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
(R)Pringles is a registered trademark of Proctor and Gamble.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Contact: corporate*hattrickdrinks.com
CONTACT: corporate*hattrickdrinks.com
SOURCE Hat Trick Beverages, Inc.
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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