Sports Pouch Beverage Inc. to Increase Productivity Through Purchase of Third Pouching Machine
October 27 2008 - 9:45AM
Business Wire
Sports Pouch Beverage Company, Inc. (Pink Sheets: SPBV) CEO Mr. Gil
Arvizu today announced that following the United Packaging Group
joint venture, the company has completed the purchase of its third
Sports Pouch� filling machine, which is expected to increase
capacity to produce another twenty million pouches of UPG�s
enhanced water and beverage lines over the next year. Mr. Arvizu
stated, �The purchase of our third filling machine is a significant
milestone for the company, particularly as demand for our
tamper-proof Sports Pouch packaging system has increased faster
than originally expected. The purchase of this machine considerably
increases our ability to generate sales of over $6-million annually
from this machine alone.� The company has the exclusive US rights
to the pouching machine that fills the patent pending, one of a
kind Sports Pouch� beverage packaging system that utilizes a
flexible, light-weight pouch, combined with an easy to use,
re-sealable, pull-push spout that is environmentally friendly. It
is expected that through the UPG joint venture with Sports Pouch� a
new line of children�s vitamin enriched flavored beverage will
shortly be introduced to the marketplace. Mr. Arvizu added, �Over
the coming weeks we expect to make a number of significant
announcements that clearly demonstrate that our product line is
gaining major traction through some of the major retail and club
stores nationwide. This is great news for our company, the
consumer, and more importantly, our shareholders.� About Sports
Pouch Beverage Company, Inc.: Sports Pouch Beverage Company, Inc.
was established for the specific purpose of producing pull-push
spout technology liquid pouch packaging as well as utilizing this
technology for the development and production of new beverage
brands. Sports Pouch Beverage Company, Inc. has its corporate
offices at 6 Gerona Drive, Rancho Mirage, CA 92270 and is the
holder of the trademarked name "All American Sports Pouch" and has
a "Process Pending Patent" for the Sports Pouch Beverage package
with pull-push spout. Please visit our website:
www.sportspouchinc.com. Safe Harbor Disclaimer: Certain statements
contained herein constitute forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
Exchange Act. Such statements include, without limitation,
statements regarding business and financing plans, business trends
and future operating revenues and expenses. Although the Company
believes that the expectations reflected in such statements are
reasonable, it can give no assurance that such expectations will
prove to be correct. Forward-looking statements are typically
identified by the words: believe, expect, anticipate, intend,
estimate and similar expressions, or which by their nature refer to
future events. You should independently investigate and fully
understand all risks before investing. These descriptions of the
Company contain forward-looking statements that involve risk and
uncertainties including, but not limited to, quarterly fluctuations
and results, the management of growth, competition and other risks
detailed in the company's SEC filings if any. Actual results may
differ materially from such information set forth herein.
Sports Pouch Beverage (CE) (USOTC:SPBV)
Historical Stock Chart
From Jul 2024 to Aug 2024
Sports Pouch Beverage (CE) (USOTC:SPBV)
Historical Stock Chart
From Aug 2023 to Aug 2024