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Non-Tech : The Children's Beverage Group (TCBG)

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To: Vegas Kate who wrote (383)6/28/1998 5:00:00 PM
From: Charger  Read Replies (2) of 2452
 
Am not on the east coast but also can confirm that at our new WalMart Supercenter in New Mexico, the Great Value brands are at eye level on all of their products. Also saw many shopping carts, including my own, with Great Value choices in them, the cost savings are noticeable! In addition, saw end-of-isle racks for Sam's Choice brands, a brand that I am told TCBG will be marketing under at WalMart also.

Darmstader told me that they expect to have audited financials out in about 90 days, production starting this coming week. The expected revenues are posted in the last pr. The Volpak machines are being leased with right of first refusal. Each machine can produce $5 mill in gross revs. In addition to the machines in place, another is travelling across country now as we speak and three more have been ordered from Spain. Darmstader said he expected 16% net before tax on the juices and 23% net before tax on flavored water. They will be able to sell their juice pouch for $1.99 for a 6-pak, whereas Kraft, they tell me, sells their capri sun pouch for $2.39 for a six-pak. I have requested a copy of the patent pending and should receive it shortly.

Charger
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