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Microcap & Penny Stocks : Bottled water (fastest-growing beverage market)

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To: TopCat who wrote (66)12/9/1997 11:46:00 PM
From: Riley G  Read Replies (1) of 131
 
And MGBA's contacts with Hilton - Marriot seem to be far reaching!

Riley G
RMIL & MGBA shareholder
----

MYRTLE BEACH, S.C., May 14 /PRNewswire/ -- Mingo Bay Beverages, Inc.
(OTC Bulletin Board: MGBA) announced today that Philip Randall, former Marriot
Corporation executive, will join the Mingo Bay staff. "Philip brings to Mingo
Bay a 25-year track record of success in the food service industry," said
Larry Moses, C.E.O., Mingo Bay.
From 1966-1986 Mr. Randall was employed by the Saga Corporation, Menlo
Park, California. His progressive responsibilities ranged from Food Service
Director through District Manager to Area Vice President. In 1986, Saga was
acquired by the Marriot Corporation. Commencing in 1986, Mr. Randall became
the Regional Vice President, Pacific West, for the Marriot Corporation. His
responsibilities included directing operations of 8 districts including sales,
account retention, P&L analysis and forecasting, marketing and client
relations. Mr. Randall was promoted into Division Vice President and General
Manager. At this executive position with the Marriot Corporation he managed a
$202 million diversified business in 24 western states, including P&L,
forecasting, budgeting, and operating performance evaluation. This division
had 32 division employees under Mr. Randall's direction with a $5.5 million
overhead in operations, sales, marketing, finance and contract compliance.
Mr. Randall moved to Myrtle Beach, SC and soon discovered the Mingo Bay
concentrate product lines, including iced tea, fruit juices, bar mixes and
Liquid Coffee. "The most sensational products I have ever seen. This tea is
the answer to any high volume operator.... the convenience, superb quality,
consistency of product and the cost are outstanding. From my experience, I
feel these products have unlimited new applications to the food service
industry," stated Philip Randall.
Mr. Randall will be involved in heading up the Mingo Bay marketing plan
for the food service industry. He expects to be ready to go with the plan and
product lines as early as June. "We are very happy that Philip feels the way
he does about our products. This makes a strong statement to the quality of
the products that we offer to the public, both in the food service and retail
segments," said Larry Moses.

SOURCE Mingo Bay Beverages, Inc.
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