Beere Financial Group Subsidiary Signs Distributor Agreement for FibreDecor Products.COLUMBIA Columbia, cities, United States Columbia (kəlŭm`bēə). 1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore. , Md. -- Beere Financial Group, Inc. (Pink Sheets:BRFG), announced today that its subsidiary, Beere Financial Equity Corp. has signed a distributorship agreement with Ise Blu Equity Corp. (Pink Sheets:ISBL (language) ISBL - A mathematical query language. ) to be the exclusive distributor of the FibreD[c]cor line of textured wall coating products in Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of , and the GemTex line of products in the Northeast, East and Southeastern U.S. The contract requires Beere Financial Equity Corp. to advertise and create market awareness in the distributorship regions in the U.S. and to purchase a minimum of 20,000 units of the product each year in the first two years. In Canada the agreement allows for marketing to business, wholesalers and directly to the end consumer. In the U.S. the agreement allows for sales to wholesalers and other businesses but not directly to the end consumer or to national chains. The company expects sales in the $2 million range for the first year based upon Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. sales history and projections for the U.S. market and the impact of the required advertising. We will forecast the expected pre tax profits on a quarterly basis beginning in the second quarter 2007. The first 4,200 units will be ordered on November 13, 2006. Our web site will be updated next week @ www.beerefin.com. About Beere Financial Group, Inc.: Beere Financial Group, Inc. invests in emerging growth companies with market-ready products, strong management teams, and strategies for developing high-growth companies in well-defined markets. Statements regarding financial matters in this press release other than historical facts are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in 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. 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 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. created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. |
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