Re: 2/17/01 - [AVBC] Aqua Vie Beverage Corporation Files Legal Action
Aqua Vie Beverage Corporation Files Legal Action
KETCHUM, Idaho, Feb 17, 2001 (BUSINESS WIRE) -- On Friday, February 16, 2001, Aqua Vie Beverage Corporation (OTCBB: AVBC chart, msgs), prompted by posts on the internet portal known as Raging Bull, initiated an action in the Third Judicial District Court of Salt Lake County, State of Utah, against defendants currently designated as John Does 1 through 10. When the names of the defendants are ascertained, the Company will amend its complaint accordingly.
The aforementioned action, which seeks, among other things, injunctive relief and punitive damages, alleges, among other things, defamation and the publication of injurious falsehoods regarding the Company and/or its officers, directors and products.
Aqua Vie Beverage Corporation develops and markets all-natural, lightly flavored, still (non-carbonated) bottled spring water. The company's low-calorie alternative beverages are bacteria-free and contain no preservatives. Aqua Vie produces and markets the Hydrator(TM) line of beverages in the United States and Europe. This beverage line, comprised of seven low-calorie, all-natural beverages that are lightly flavored and packaged in half-liter bottles, is designed to increase one's personal consumption of water, naturally. The underlying technology also serves as the delivery system for Aqua Vie's new line of children's Hydrators(TM), PurePlay(TM), and Eau Vin(TM), Aqua Vie's line of nonalcoholic wine and champagnes made from spring water. For further information about Aqua Vie Beverage Corporation, visit the company's web site at www.aquavie.com.
NOTE: Statements contained in this news release that are not strictly historical are forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. The company makes these statements based on information available to it as of the date of this news release and it assumes no responsibility to update or revise such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for the company's product both domestically and abroad, the company's ability to continue to develop its market, general economic conditions, and other factors that may be more fully described in the company's literature and any periodic filings with the Securities and Exchange Commission.
Contact:
Aqua Vie Beverage Corporation
Thomas Gillespie, 208/622-7792 (President and CEO)
www.aquavie.com
or
Jordan Richard Assoc.
Madeleine Franco, 801/268-8610
ir@jordanrichard.com
siliconinvestor.com |
