Richard,
you will find in the 10KSB annual report the following notice :
The Company's major product lines, which feature orange, grapefruit, cranberry, lemonade, lemon, lime and other fresh juices and smoothies, are as follows: Fresh squeezed non-pasteurized juices. Sales of fresh squeezed non-frozen juice account for the majority of the Company's revenues. Due to the limited shelf life of fresh juice products, the Company distributed fresh juice primarily on the East Coast prior to the Hansen's Merger. The acquisition of Hansen's has provided the Company with a presence on the West Coast and the ability to distribute fresh juice products from a western distribution point. The majority of the Company's fresh squeezed juice is sold to food service customers including hotel chains and numerous restaurant chains and independent restaurants. The balance of the Company's fresh juice sales are through retail outlets including supermarkets and numerous convenience stores, delicatessens and corporate cafeterias. The Company's fresh squeezed juices are distributed under the "Fresh Pik't(R)", "Ultimate(R)", "Clear Springs(R)" and "Hansen's(R)" labels.
IMO, FRSH range of product is now more diversified. Frozen juice are representing a small part of revenues. According to the annual report FRSH is purchasing citrus in Florida and California. Due to the high level of fresh juices sold, I think they are purchasing citrus all the year.
Any comments would be great ! |