quote:Originally posted by Rockster: Hey Joe... do you think this is actually a good company for a long hold or an out.
I'm a daytrader by nature. Make a buck and move on. I might hold on to a small portion of free shares as I have with HKBV, but these are still penny stocks, seen too many fade away.
-------------------- " Cash is King " Posts: 838 | From: NJ | Registered: Mar 2006
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Hat Trick Beverages (HKBV) To Be An Italian Manufacturer
Wednesday, October 01, 2008 18:06ET
TORONTO, Oct. 1 /PRNewswire-FirstCall/ - http://www.hattrickdrinks.com (Pink Sheets: HKBV - News) The company today after the market closed announced that it has reached an agreement in principle with an Italian Coffee manufacturer to begin offering white label coffee machines under the brand name "Tango Industries". For those unfamiliar with the term "white label"; simply put white label means (A Wikipedia snippet) http://en.wikipedia.org/wiki/White_label_product "A white label product or service is a product or service produced by one company (the producer) that other companies (the marketers) rebrand to make it appear as if they made it....& White label production is often used for mass-produced generic electronics such as DVD players and televisions. Some companies maintain a sub-brand for their goods.
Mr.Vaiser CEO of Hat Trick said, "Under the planned agreement, Hat Trick will immediately step into an already developed 16 year old infrastructure with its own chemists, bottling and manufacturing capabilities, with more than $1.5 million Euro in development costs. Tango Industries will be able to offer 100% of its business under its own direct control, and will be able to decide prices, and strategy to market, instead of relying on 3rd party suppliers as most others in our industry must. Today we have a range of hot and cold dispensing and vending equipment unique in the world. We have a wide range of 100% fruit juices. Two years ago we started to develop all the formulation for "100% sugar free" juices and drinks because I'm sure that this should be the future of the beverage world. Now we are ready to produce all of it. We will produce all of the hot products for machines under our brand name Tango Industries. This will also allow us to have the skills in place immediately to develop and produce each type of dispensing equipment we will need, for any future needs."
Mr. Vaiser added "The best part of this deal is that it is based on a "pay as you go" basis, with about $150,000.00 USD (About 100,000.00 Euro) cash outlay for set up fees on our end. We have the luxury to only use what we need. With the "traditional merger" we would of have to pay maybe 5 or 6 times that much in cash plus we would have had to issue several hundred million shares to complete the merger transaction. This agreement will allow us to grow at our own speed.
"We expect to close the transaction in early November 2008 and by first quarter of 2009 we would be ready for full production. If and when the traditional merger should come into play, the management intent is to pay this on an all cash basis."
Get the Facts Right. The issuer 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 or recognized 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.
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: 838 | From: NJ | Registered: Mar 2006
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Hat Trick Beverages (HKBV) to Reduce Outstanding Shares by 500 million
Thursday , October 02, 2008 17:39ET
TORONTO, Oct. 2 /PRNewswire-FirstCall/ - http://www.hattrickdrinks.com (Pink Sheets: HKBV - News) Hat Trick Beverages is pleased to announce that it is returning 500 million shares to Treasury. This represents a reduction of over 25% of the outstanding shares.
These shares were originally issued allocated towards the acquisition of distribution rights for Lamborghini Beverages for North America and Palm Beach Specialty Coffee. We have also put acquisition plans for Palm Beach Specialty Coffee on the shelf indefinitely, and terminated the Lamborghini Master Licensing accord.
Hat Trick Beverage CEO, Sender Vaiser explains; "The Lamborghini Beverages were targeted specifically to the European Market. Unfortunately, we could not come to terms on packaging and exclusive distribution rights for the North American market. With the planned acquisition of the Italian beverage factory announced yesterday, we will have in-house capabilities to develop our own line of high energy drinks, as the Italian factory has extensive facilities to develop new products and packaging to our exact specifications based on market demand.
While we maintain our belief that Palm Beach is a good fit, it is simply not the right timing as the same can be achieved with our white label brand for a fraction of the price."
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com) and updates to our websites. Other websites not sponsored or recognized 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."
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: 838 | From: NJ | Registered: Mar 2006
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Hat Trick Beverages (HKBV) Retires 524 Million and European Merger
Friday , October 17, 2008 08:31ET
TORONTO, Oct. 17 /PRNewswire-FirstCall/ - http://www.hattrickdrinks.com (Pink Sheets: HKBV) Hat Trick Beverages is pleased to announce that it has completed the retirement of 524 million shares to treasury.
As previously announced, these shares were allocated to acquire Palm Beach Specialty Coffee and distribution rights for Lamborghini Beverages for North America, which have now been abandoned.
In other Company news, Hat Trick has received an unsolicited offer to be acquired by a European based publicly traded Company on the Frankfurt Germany exchange. They have expressed strong interest in the Company's portfolio of innovative beverages and vending machines, as well as the recently acquired manufacturing capabilities in Italy.
The Company is currently reviewing the proposal, and will be assessing the value of the offer over the next few days, before making any recommendations as to whether to proceed with the sale of these assets, or an outright merger with the prospective buyer.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com) and updates to our websites. Other websites not sponsored or recognized 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."
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: 838 | From: NJ | Registered: Mar 2006
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