To: David W. Tucker who wrote (7165 ) 9/4/1998 1:36:00 PM From: Johnny X Respond to of 8835
Aqua-1 Beverage Company has scored a big contract with a Chinese distributor for it's nutraceutical beverages (which you can find at any Super K-mart in the U.S.) This is in addition to the one year, five million dollar contract they have with Beverage Associates in the N.E. United States. So far it's up only 3c today, making it a real sleeper when you consider that the contracts and export markets so far indicate that a P.E. of just 20 (which would be low for a growth stock) will be $1.60 in just a few months -- that is, after full shipments to China for one full quarter along with full shipments to the NorthEast and continuing shipments to other markets. Now on the Vancouver exchange (but tradeable through any U.S. broker who knows his/her beans)(the U.S. booking symbol is AQBEF). Investor Relations phone number is 1-800-680-6435. Here's the link to the press release:biz.yahoo.com Posted with permission of the company: Friday September 4, 12:16 pm Eastern Time Company Press Release SOURCE: AQUA 1 Beverage Company, Inc. AQUA 1 Signs China Distribution Contract: Largest Export Market to Date VANCOUVER, British Columbia, Sept. 4 /PRNewswire/ -- AQUA 1 Beverage Company, Inc. is pleased to announce that an agreement has been signed with Rica Industrial Canada Ltd. In the agreement, AQUA 1 has granted exclusive rights to Rica Industrial Canada Ltd. to sell AQUA l's entire line of beverage products in China. Rica Industrial Canada Ltd., is a Canadian based international trading corporation with offices in China and Taiwan. The contract states that sales revenue of US$6.3 million must be achieved over a five year period in order to retain exclusive rights to the territory. Market research performed by Rica Industrial Canada Ltd. indicates that the market for nutraceutical beverages in China is one of the fastest growing segments of the multi-billion dollar beverage industry. AQUA 1 manufactures a line of nutraceutical beverages called SuperCharge. SuperCharge is a natural fruit flavored drink fortified with vitamins and herbs. Ingredients such as Siberian Ginseng, Ginkgo Biloba, Guarana, Vitamin B-Complex and Vitamin C are part of a healthy formulation that is designed to benefit the mind and the body. SuperCharge is available in six flavors: grape, orange, lemon-lime, strawberry, mango-kiwi, and peach. Current markets for SuperCharge are the United States, Taiwan, and Kuwait. AQUA 1 Beverage Company, Inc. is a Canadian based company listed on the Vancouver Stock Exchange (VSE: AQB.V). SOURCE: AQUA 1 Beverage Company, Inc.