| Red Bell Brewing Company
Market: OTC BB
Stock Symbol: RDBL
Shares Out: 3.45 million Shares
Float: 1.1 million shares
COMPANY PROFILE
Red Bell Brewing Company is engaged in the brewing, marketing and selling of 10 proprietary craft beers. Red Bell develops, owns and operates microbrewery/restaurants in strategic high profile, high volume locations in key markets though its wholly owned subsidiary under the name Red Bell Brewery & Pub Company. In addition to its Main Brewery, Red Bell developed and operates the first ever, full operating brewery and brewpub in a Professional indoor arena under two joint venture Pubs (Red Bell Brewery & Pub, First Union Center, Philadelphia and Red Bell Brewery & Pub, Veterans Stadium, Philadelphia). Red Bell having high profile, high volume locations create invaluable unique marketing and branding strength for the overall Company and offers distinctive superior advantages over other competitors in the industry due to Red Bell's ongoing ability to market and promote the company and its proprietary beers with little or no additional expense through the Company owned strategic brewpub operations.
Key Points:
- Procuring new unparallel strategic brewpub locations in arenas, stadiums, ball parks, airports, and key rail/train stations.
- Red Bell Brewing Company is currently the only brewing company in the country which combines a large- scale regional brewery with a strategic network of smaller breweries, or ``brewpubs,'' in key beer markets.
- Seasoned highly trained and qualified management in place.
- Revenues trending upward between 25% to 30% per year.
- Positioned for consistent earnings growth.
- Increasing product distribution and market share.
- Maximizing operating capacity.
- Pursuing industry acquisition targets.
Stock Attractiveness:
The company has made several moves to increase revenues and enhance profitability. In May 2001, Red Bell reduced long-term debt by 488,323 or 18%. In September 2001, Red Bell plans to open and operate an 11,000 square foot brewpub located in State College, PA., adjacent to Penn State University. In October 2001, Red Bell plans to open and operate a brewpub location at Bala Cynwyd, PA.
It has been posted on Raging Bull that these are some of the famous investors of Red Bell Brewing. I don't know where they got the information or if it is true or not but it may have been in some Philly News Papers.
- Pat Croce-76er's
- Bill Giles- Philies
- Joe Giles- Philies
- John Bolaris- NBC
- Mike Quick- Eagles
- Al Morganti- ESPN
- Sam Gash
- Blair Thomas
Management:
Red Bell Brewing Company was founded and incorporated in Philadelphia, PA on June 29, 1993 by James R. Bell, President & CEO and James T. Cancro, Brewmaster along with an eclectic group of Investors including several Athletes and Sports Executives. Prior to co-founding Red Bell, Mr. Bell was a First Vice President of Investments with the firm of Janney Montgomery Scott Inc., a Philadelphia, Pennsylvania investment banking and brokerage company from April 1994 to September 1996. From February 1991 to April 1994, Mr. Bell served as Senior Executive Vice President of First Interregional Equity Corporation, a New Jersey based investment banking firm. From 1988 to 1991, Mr. Bell was an Associate Vice President with Dean Witter Reynolds, Inc. in Philadelphia, Pennsylvania. Mr. Bell received a Bachelor's Degree in Business Administration from Frostburg State University, Maryland.
Company Contact:
Jim Bell, CEO: 215-235-2485
Brewerytown-Philadelphia Based Red Bell Brewing Company proudly announced that its common shares would begin trading on the NASDAQ Stock Market's OTC Bulletin Board on Tuesday, March 27, 2001 under the symbol ``RDBL.''
``We are extremely excited to reach this milestone for our shareholders and everyone in and around the Pennsylvania region,'' stated James R. Bell, President and Co-Founder of Red Bell Brewing Company. ``As Pennsylvania's only publicly-traded brewing company, Red Bell will have greater ability to continue our Company's growth. We will now have greater access to capital markets that were not readily available to us as a private company, the greater ability to develop even more strategically located premier brewpubs, and a greater ability to continue to attract the key personnel essential for growth.''
Red Bell Brewing Company is currently the only brewing company in the country which combines a large-scale regional brewery with a strategic network of smaller breweries, or ``brewpubs,'' in key beer markets. Red Bell Brewing Company built the first ever complete brewery operation and brewpub in a Professional Arena located at the First Union Center, home of the Philadelphia Flyers and 76ers.
Red Bell also operates brewpubs at Veterans Stadium, home to the Philadelphia Eagles and Phillies. Moreover, Red Bell is developing an 11,000 sq. ft. brewery and pub in Penn State, State College, PA. Red Bell also plans to announce 2 - 3 new Red Bell brewpub properties this year.
Mr. Bell stated that the Company is very encouraged by the hundreds of calls from various interested prospective shareholders looking to become part of the Company.
During the first 180 days of trading, only 28%, or approximately 1,100,000 of the Company's shares will be free to trade in the market. Holders of the remaining 72%, or 2,350,000 shares have agreed to a six- month lock-up and will be restricted from selling any shares during that time.
Red Bell is now a fully reporting entity, subject to the requirements of the Securities Exchange Act of 1934, and will begin filing regular quarterly and annual reports with the Securities and Exchange Commission.
About Red Bell Brewing Company
Red Bell Brewing Company plans to be the largest, most profitable and most recognizable brewery and brewpub company along the Eastern Seaboard.
With its many high profile shareholders ranging from TV and Radio personalities, local athletes, owners and executives of professional sports teams, and seasoned brewing industry leaders to local and non- local political figures, Red Bell Brewing Company is truly Philadelphia's Hometown brewing company.
Involves risks and uncertainties. The Company's actual results could differ as a result of numerous factors which may be beyond the Company's control.
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Contact:
Red Bell Brewing Company, Philadelphia
James R. Bell
Red Bell Investor Relations
215/235-2460
listed revenues are low, only $500K
"Management believes that subject to completing, opening and operating its proposed Penn State brew pub as well as acquiring and operating at least 2 existing brew pubs, Red Bell could generate $11.5 to $12.5 million in revenues per year."
Old Breaking News (if you want the complete news click on link below because this is only part of the news)
January 2, 2001
Red Bell, already has over 420 shareholders, many of them athletes and television personalities.
The company owns and operates brew pubs in event-based locations like the First Union Center and Veterans Stadium (in partnership with Aramark). It expects to open another brew pub in the Camden Riversharks new ball park this April, and is constructing another on the Pennsylvania State University campus in State College.
"We're developing additional properties at a rate of about two per year. ... In due time we will end up with 12 to 15 sites," Bell said.
Red Bell also brews beer for distribution to liquor store and bars at its 280,000 square-foot facility in the Brewerytown section of the city, where it also runs a brew pub.
Bell said that taking the company public places it in a good position to be acquired or to merge.
"We are at the point where starting brew pubs has become our focus. This makes us attractive for a larger beer company," Bell said. "I've spoken to some large beer companies that have an interest in Red Bell's approach."
<http://philadelphia.bcentral.com/philadelphia/stories/2001/0...>
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I messed up on starting thread; ticker search for RDBL was not working here on SI so I tried again.
News was out today hours before this posting. |
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