Sports Pouch™/United Packaging Group Receives Major Order
November 03 2008 - 7:15AM
Business Wire
Sports Pouch Beverage Company Inc. (Pink Sheets:SPBV) CEO Mr. Gil
Arvizu today that the company, through its joint venture with
United Packaging Group (UPG), has received a substantial order from
a major vendor to a number of mass market retailers to produce and
package a branded single serve margarita mix using its patent
pending, one of a kind Sports Pouch� beverage packaging system. The
Sports Pouch� utilizes a flexible light-weight pouch, combined with
an easy to use, re-sealable, tamper proof, pull-push spout. Mr.
Arvizu commented, �We are extremely pleased that our unique
packaging technology has been recognized by a major beverage brand
owner. Our proprietary packaging technology represents an extremely
cost effective, eco-friendly and convenient way to offer quality
products to the consumer. I am very hopeful that such exposure will
result in significant revenues to the company.� The company has
taken possession of its third pouching machine which has increased
capacity to fill another twenty million pouches per year. Mr.
Arvizu added, �Through our joint venture with UPG we are now in a
strong position to produce multiple branded beverage products for
mass distribution to the marketplace. As demand for our technology
has increased, our new product development program is ahead of
schedule and our ability to fulfill new orders is solid. I
anticipate that over the next six to twelve months, we will exceed
sales expectations and will be in a position to significantly ramp
up production to meet any increased demand for our unique packaging
technology.� 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 Oct 2024 to Nov 2024
Sports Pouch Beverage (CE) (USOTC:SPBV)
Historical Stock Chart
From Nov 2023 to Nov 2024