NutriPure Beverages, Inc. Acquires Brenlin Distributorship Effective Immediately
July 12 2010 - 9:00AM
Marketwired
NutriPure Beverages, Inc. (PINKSHEETS: NBVG) announced today that
it has purchased 100% of the assets of Brenlin, a privately held
distributorship serving the Southern California market. NutriPure
will take over control of the operations immediately, Brenlin's
current management will remain in place for the near term, and
NutriPure and Brenlin have already established plans for expansion
of Brenlin's operations and business model.
Brenlin's assets include current inventory, delivery vehicles,
customer lists, intellectual properties related to the business and
equipment, all furnishings and fixtures, and all items necessary to
maintain Brenlin as a stand-alone business. NutriPure will also
assume the lease of Brenlin's office and warehouse facilities and
the leases/ownerships of the delivery vehicles. Existing Accounts
Receivable and Payable will remain with the prior owner and
NutriPure will not take on any debt other than the ongoing expenses
related to office and warehouse leases and the leases/payments of
the delivery vehicles.
Brenlin is an active and profitable distributorship that
currently distributes a variety of beverage products including
Monster, Rockstar, Redline, Metrx and 5-Hour Energy Drinks, and
snack products including Cliff Bars, Tiger bars, Balance bars, Pure
Protein, Power Crunch, and Detour. NutriPure plans to immediately
expand the Brenlin business and has already engaged consultants to
bring in additional accounts. Brenlin will also be instrumental in
distributing NutriPure's soon-to-be-launched Nu20 enhanced bottled
water products.
NutriPure remains in negotiations with other companies and
expects to announce at least one additional key acquisition very
soon.
ABOUT NUTRIPURE BEVERAGES, INC. NutriPure Beverages, Inc. is
bringing to market a complete line of nutrient-enhanced bottled
water products using a patented process that adds organic nutrients
to water without adding masking flavors, colors or sweeteners,
yielding premium enhanced water products that contain no calories,
no carbohydrates, no colors and no flavors other than pure water.
The process is further enhanced using desirable "cold-fill"
techniques that save energy and reduce harmful, "plastic chemical
leaching" into the product. The company intends to market a full
line of nutrient-enhanced water products under the Nu2O label,
which will compete with currently available products.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of NutriPure Beverages, Inc., which involves risks and
uncertainties. The Company's actual future results could materially
differ from those discussed. The Company intends that such
statements about the Company's future expectations, including
future revenues and earnings, and all other forward looking
statements be subject to the "Safe Harbors" provision of the
Private Securities Litigation Reform Act of 1995.
Contact: Kenyatto Jones CEO NutriPure Beverages, Inc. (949)
400-5963
Nutripure Beverages (CE) (USOTC:NBVG)
Historical Stock Chart
From May 2024 to Jun 2024
Nutripure Beverages (CE) (USOTC:NBVG)
Historical Stock Chart
From Jun 2023 to Jun 2024