Just keeps gettin better, Oxford offers to buy out TCBG.
CEO Jon Darmstadter Receives Unsolicited Offer For Control of The
Children'sBeverage Group, Inc.
Tue Aug 01 10:16:00 EDT 2000
NORTHBROOK, Ill., Aug 1, 2000 (BUSINESS WIRE) -- President and CEO Jon
Darmstadter has received an unsolicited offer to sell his controlling interest
in The Children's Beverage Group, Inc. (OTC/BB:TCBG) from Oxford Investments
Company of Easton, Maryland.
Gregory Dutcher President and CEO of Oxford Investments states, "our offer
represents a significant premium to current value, yet we believe the underlying
value of this company has virtually no ceiling based upon its market niche and
unique patent".
Jon Darmstadter President and CEO of The Children's Beverage Group, Inc.
(OTC/BB: TCBG) has no comment
The Children's Beverage Group, Inc. is a unique beverage company directed at the
billion dollar plus children's beverage market. The company's mission and goal
has been to create cutting edge products using the latest in packaging
technology. It features a patented no. 5,941,642 09/005,627, "Self-Contained
Fluid Dispensing System" known in the trade as the `rip it sip it'(TM)system.
The company's products have been marketed by national retailers like
Wal*Mart(R)(NYSE: WMT). The company has been featured on the nationally
broadcast television program "Emerging Public Companies.... the Story Behind the
Symbol".
gdog |
