Beverage Creations (BVRG) Agrees to Acquire Encore Lab's Production & Bottling Facilities to Transition into Production and Nationwide Distribution of bio2TONIC.ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- Beverage Creations, Inc. (PINK SHEETS: BVRG), a hydration hydration /hy·dra·tion/ (hi-dra´shun) the absorption of or combination with water. hy·dra·tion n. 1. The addition of water to a chemical molecule without hydrolysis. 2. technologies corporation based in St. Paul, MN, announced today that it has entered an agreement to acquire the assets of Encore Labs, Inc., a bottling and production facility. This acquisition will allow BVRG to complete its production capability and facilitate the distribution of its revolutionary bio2TONIC product on a nationwide scale. The strategic acquisition allows Beverage Creations to control its own production facility to produce its new beverage/oxygen product, bio2TONIC. Pursuant to the terms of the agreement, Beverage Creations will have access to 44,000 sq. ft. of production and warehouse space as well as state-of-the-art facilities. Through the acquisition of Encore Labs, BVRG will inherit To receive property according to the state laws of intestate succession from a decedent who has failed to execute a valid will, or, where the term is applied in a more general sense, to receive the property of a decedent by will. inherit v. large-scale production capacity as the market conditions dictate, as well as provide a cost-savings in comparison to the utilization of contract fillers as it builds its proprietary production operations. Additionally, the agreement will allow for Beverage Creations to secure a production/bottling facilities which comply with FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. requirements. THE ENCORE ACQUISITION PROVIDES THE FOLLOWING BENEFITS TO BVRG: * Full management and control of production quantities * Capacity for end-to-end production * Internal blow-mold operations * In-line assembly of bottle and oxygen components * Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. filling & labeling lines * Case packing and warehousing & logistics operations * Full control over Quality Assurance and Quality Control "This acquisition is a monumental mon·u·men·tal adj. 1. Of, resembling, or serving as a monument. 2. Impressively large, sturdy, and enduring. 3. milestone in our corporate history as it provides a large stepping stone towards bringing our product to the public marketplace. bio2TONIC is engineered in a highly unique method opposed to other beverage products on the market, which further solidifies our need to acquire and control our own production facility. This acquisition renders the flexibility to produce our product according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an in-house schedule rather than at the discretion and availability of contracted facilities. As we prepare to deliver our product across America, we see this acquisition as an invaluable asset to our projected corporate goals," stated Bob Wieden, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Beverage Creations, Inc. ABOUT BEVERAGE CREATIONS Beverage Creations (BVRG) is America's first beverage company that has integrated two of the world's most needed ingredients for energized life into a simple and convenient bottle that will soon be available across America: Water & Inhalable Oxygen. "bio2TONIC" BVRG is the manufacturer and owns multiple patents to sell its bio2TONIC product to the world. Bio2TONIC is the nation's only water bottle product that comes with an inhalable shot of oxygen attached to its core. For more information regarding Beverage Creations, Inc. please visit: www.bio2tonic.com. Disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : CAUTIONARY STATEMENT ABOUT 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. This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith there·with adv. 1. With that, this, or it. 2. In addition to that. 3. Archaic Immediately thereafter. Adv. 1. , and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook. |
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