Aqua Clara Bottling & Distribution Completes Acquisition of BEVsystems International, Ltd. and Its Life 02 Brand.Business Editors CLEARWATER, Fla.--(BUSINESS WIRE)--March 5, 2002 Shareholders Approve 1 For 10 Reverse Stock Split and Renaming Company To BEVsystems International, Inc. Aqua Clara Bottling & Distribution of Clearwater, Florida Clearwater is a city located in central Pinellas County, Florida, USA, nearly due west of Tampa. As of the 2000 census, the city had a total population of 108,787; however, according to the 2005 U.S. Census Bureau's estimates, the city's population fell slightly to 108,687. (0TCBB:AQCB) today announced it has completed its acquisition of BEVsystems International, Ltd. of Miami, a private corporation. At a special meeting, Aqua Clara shareholders approved a 1 for 10 reverse stock split of its common stock. Shareholders also approved a resolution to rename the Company BEVsystems International, Inc. and trade under a new stock symbol. Aqua Clara's stock has been traded on the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB under the symbol AQCB. The reverse stock split, CUSIP Number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. , and Stock Symbol have been applied for and will be effective on March 15, 2002. We will release the new Symbol and CUSIP Number as soon as we receive them. Messrs. James Davidson James Davidson may refer to:
BEVsystems brings to the new entity its internationally distributed bottled water brand, Life O2, and the proprietary Life O2 SuperOxygenation process. Additionally, the Company owns technology with twenty-five patents issued in the United States and foreign countries. The technology allows BEVsystems to infuse in·fuse v. 1. To steep or soak without boiling in order to extract soluble elements or active principles. 2. To introduce a solution into the body through a vein for therapeutic purposes. its Life O2 brand and global co-branded products with up to 15 times (1,500 percent) more oxygen than ordinary bottled water. Life O2 and other co-branded products that utilize the Life O2 SuperOxygenation process are available in 22 countries worldwide. Since introduction, Life O2 has sold more than 42 million bottles to international consumers. BEVsystems' equipment, which infuses bottled water with medical grade oxygen, is installed in 11 international bottling plants. Aqua Clara has an extensive U.S. distribution system. The company is a master distributor for GNC GNC General Nutrition Centers GNC Gas Natural Comprimido (Argentina) GNC Guidance, Navigation, and Control GNC Grand National Championship (ATV racing) GNC Global Navigation Chart Nutrition Centers, and Aqua Clara is the Official Water of the State of Florida's "FLA USA" tourism program. Aqua Clara's existing domestic strength will be combined with the extensive international market penetration already enjoyed by Life O2. BEVsystems is currently launching Life O2 SuperOxygenated Water in the South Florida market, and plans to introduce Life O2 in other U.S. markets soon. This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions. |
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