Bravo! Foods Announces Year End Earnings Release and Conference Call Schedule; Company Also Closed on $1.75 Million Funding.Business Editors N. PALM BEACH, Fla.--(BUSINESS WIRE)--March 25, 2002 Bravo! Foods International Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BRVO BRVO Branch Retinal Venous Occlusion ) announces it plans to release its fiscal fourth quarter and year end 2001 results on Monday, April 1, 2002. In conjunction with the release, the Company has scheduled a conference call on Tuesday, April 2, 2002 at 4:15 p.m. Eastern Standard Time. What: Bravo! Foods Fiscal Fourth Quarter and Year End Earnings Conference Call When: Tuesday, April 2, 2002 -- 4:15 p.m. Eastern Standard Time How: Live via phone -- by dialing 800-553-0273 and asking for the Bravo! Foods call at least 5 minutes prior to the start time of 4:15 p.m. EST. A replay of the conference call will be available two hours after the completion of the call through April 9, 2002 and may be accessed by dialing 800-475-6701 and using pass code 633495. Roy Warren, 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. of Bravo! Foods, will be leading the call and discussing fourth quarter and year end financial results, the status of existing and new distribution agreements, growth of Extended Shelf Life (ESL (1) An earlier family of client/server development tools for Windows and OS/2 from Ardent Software (formerly VMARK). It was originally developed by Easel Corporation, which was acquired by VMARK. ) product line, closing on $1,755,000 of funding and future business strategies for the Company. The Company also has completed 175,500 shares of Series H Convertible Preferred Stock Convertible Preferred Stock Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares". of the previously reported agreement to sell 235,000 of the series H. The company has realized gross proceeds of $1,755,000 of this offering to date. Each share of Series H Convertible Preferred stock was purchased at $10.00 and is convertible into restricted common shares at $0.40 per common share. The proceeds are being used to reduce debt and to finance existing and new business operations. About Bravo! Foods Bravo! Foods holds a license from Warner Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . Consumer Products to utilize the Looney Tunes(TM) characters and names on milk products throughout the fifty U.S. States, Puerto Rico, the U.S. Virgin Islands, China and Mexico. The milk is available in the U.S. through production agreements with regional dairies. It is currently available in retail outlets in the following thirty-five states: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nevada, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia Washington is a census-designated place (CDP) in Wood County, West Virginia, along the Ohio River. The population was 1,170 at the 2000 census. The CDP is home to the Washington Works, one of the largest single facilities of chemicals manufacturing giant DuPont. and Wisconsin. Through Bravo!'s agreement with the Quality Chekd dairy co-op, a region-by-region rollout of Looney Tunes(TM) brand flavored milk will continue. LOONEY TUNES, characters, names and all related indicia Signs; indications. Circumstances that point to the existence of a given fact as probable, but not certain. For example, indicia of partnership are any circumstances which would induce the belief that a given person was in reality, though not technically, a member of a given are trademarks of and (C) Warner Bros. (s02) For more Information, please visit the Company Web site: www.bravobrands.com Certain statements contained herein are "forward looking" statements as such 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. Because statements include risks and uncertainties, actual results may differ materially from those expressed or implied and include, but are not limited to, those discussed in filings by the Company with the Securities and Exchange Commission. |
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