Could this be the next Starbucks??????
Hey Stock Watcher, heavy volume on this one and tight bid/ask.
Think this will be good for the index?
Three News stories Listed below:
"Buy low, Sell high"
"You got to know when to hold them and know when to
fold them"
Tuesday January 19, 3:06 pm Eastern Time
Company Press Release
SOURCE: Gourmet's Choice Coffee Company
Gourmet's Choice Coffee Company to Launch Web Site
SAN FRANCISCO, Jan. 19 /PRNewswire/ -- Gourmet's Choice Coffee Company (OTC Bulletin Board: GMCH - news), in an effort to aggressively relaunch what since inception has been labeled as ''unconditionally guaranteed the world's finest coffee,'' today announced that it will market its Gourmet's Choice coffee via the internet.
For nearly thirty years Gourmet's Choice was a substantial presence in the gourmet coffee markets, supplying its premium quality blend to an exclusive clientele of airlines, gourmet shops, hotels and restaurants world-wide. The original company was a thriving business until 1983, when its plant and roasting facilities tragically burned to the ground. Fortunately, its premium blend is again available and is today as it was when first formulated in 1956, unconditionally guaranteed the world's finest coffee.
In the December 1997 issue of The Coffee Review, Gourmet's Choice coffee surpassed the holiday blends of Starbucks, Allegro, Caribou, Gevalia and others.
The original Gourmet's Choice blend was sold to an exclusive clientele from 1956 to 1983 including: The Hotel Pierre-New York, Balducci's, Toots Shor's Restaurants, Delta Airlines, Northwest Orient Airways and Neiman- Marcus.
James Tilton, president of Gourmet's Choice stated, ''The internet is a first but important step in our plan to aggressively market Gourmet's Choice coffee in the 21st century. The internet will provide us with a means to reach out across the world in re-introducing this exceptionally special coffee blend. We expect the internet site to be up and running and officially launched within three weeks.''
For further information on Gourmet's Choice, contact James Tilton at (212) 398-7833 or visit the website www.gmch.net.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Gourmet's Choice to accomplish its stated plan of business. Although Gourmet's Choice believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Gourmet's Choice or any other person that the objectives and plans of Gourmet's Choice will be achieved.
SOURCE: Gourmet's Choice Coffee Company
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Thursday January 14, 1:22 pm Eastern Time
Company Press Release
SOURCE: Gourmet's Choice Coffee Co., Inc.
Gourmet's Choice Announces Five New Contracts
SAN FRANCISCO, Jan. 14 /PRNewswire/ -- Gourmet's Choice (OTC Bulletin Board: GMCH - news) announced today that it has signed five new contracts that will produce an anticipated $1 million in revenue and $300,000 in pre-tax profits for the company. Gourmet stated that the revenues from these contracts is in addition to the revenues and pre-tax profits projected in its press release of January 12.
Gourmet stated that the five new contracts are with Vietnam Airline Services Company, Hotel Services of Vietnam, Shiphandler Company, Nam ha Import Export Company and Import Export and General Services Trading Company.
The contracts call for the delivery of half liters of bottled water for which production is expected to begin at the end of January.
The company also announced that it anticipates starting production of full liters of bottled water during the second quarter of 1999. The company advises that its distributors have committed to purchase full liter bottles that should result in monthly sales of $740,000 which translates into over $8 million in revenues from the first 12 months of full liter sized bottled water production.
For further information on Gourmet's Choice, contact James Tilton at 212-398-7833 or visit the website www.gmch.net.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Gourmet's Choice to accomplish its stated plan of business. Although Gourmet's Choice believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Gourmet's Choice or any other person that the objectives and plans of Gourmet's Choice will be achieved.
SOURCE: Gourmet's Choice Coffee Co., Inc.
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Tuesday January 12, 9:01 am Eastern Time
Company Press Release
SOURCE: Gourmet's Choice
Gourmet's Choice Announces Start Date for Bottled Water Production in Vietnam
SAN FRANCISCO, Jan. 12 /PRNewswire/ -- Gourmet's Choice (0TC Bulletin Board: GMCH) announced today that it will begin production at its bottled water plant in Vietnam on January 27th. Initial production is scheduled to be at one million bottles per month. The company plans to increase capacity substantially over initial production rates by the second quarter of 1999.
Based on the company's production schedule it is anticipated that gross revenues will be a minimum of $3 million annually from this plant with projected pretax profits of $1 million annually.
James Tilton, president of Gourmet's Choice stated, ''We are extremely pleased with the opening of this bottled water plant in Vietnam as it clearly brings into focus the fact that Gourmet's Choice is much more than simply a coffee company. While on some fronts we may be competitors with the likes of Starbucks (Nasdaq: SBUX - news) in some international markets, we are in fact an international beverage company with not only coffee, but also, juice, water and soda.''
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Gourmet's Choice to accomplish its stated plan of business. Although Gourmet's Choice believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Gourmet's Choice or any other person that the objectives and plans of Gourmet's Choice will be achieved.
For further information on Gourmet's Choice, contact James Tilton at 212-398-7833 or visit the website www.gmch.net.
SOURCE: Gourmet's Choice
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