The Green Baron: Thursday, June 16, 2005 - Re-Pick Update
Tropical Beverage (PK: TPBV)
Urgent PR Just Released at 10:00 am EST: Tropical receives order for private brand from major retailer; Over 1330 stores nationwide expected to take delivery
Looks Like Tropical Beverage is Right on TARGET
HMMMMMMM, let’s see. What major retailer has 1330 stores? Well, a simple Google search turned up the answer for us. Maybe some of you can do the same. We really don’t need to even say that this announcement is absolutely huge for Tropical. This is probably the best press release the Company has ever announced except for perhaps the release last week on June 7 about the major ramp up for ‘super structured water’ estimated to deliver 500,000 to 2 million cases per month.
The Green Baron Report knows Tropical Beverage. We firmly believe that Tropical is at a breakthrough point in its development. The announcement today firmly supports our research, and we can’t help but think the stock will go much higher. A break of over .03 per share should put TPBV squarely in an uptrend. We would prefer it never look back again.
A deal with a retailer of this magnitude places Tropical in a new league. We contend that the Company will now be on the short list of premium, dependable bottled water suppliers. A contract like this is sure to give Tropical the kind of attention it deserves from the industry. In our opinion, the news today is just the tip of the iceberg.
SANTA ANA, Calif.--(BUSINESS WIRE)—June 16, 2005--Tropical Beverage Inc., a producer and distributor of value-added water-based products, today announced that it has received a significant order for a major US retailer for a house brand that they will carry in all of their retail stores. The product is expected to move quickly as the retailer is pricing the product to move off the shelves.
“This pushes us into the big leagues with regard to manufacturing. We have produced product that has been shipped to Wal-Mart and Albertsons before, but this is the first time it has been for the retailer’s own house brand. The magnitude of this product will be huge for our manufacturing division,” said Mark Millsap, CEO for Tropical.
Tropical Beverage manufactures and distributes a complete line of value-added beverages. Their extensive line includes pure spring waters, flavored waters, vapor-distilled waters, ultra-pure purified waters, micro-clustered waters and waters with additives (including oxygen, caffeine, electrolytes and other enhanced minerals and vitamins). They specialize in private-labeled water and have products in both domestic and international markets. In addition, Tropical Beverage continues to seek acquisitions of related companies that will enhance their product development and to build a network of subsidiaries across the nation.
Company Contact Information: Tropical Beverage Inc. Chris Lotito (714) 210-8998 www.tropicalbev.com . |