Sports Pouch Beverage (CE) (USOTC:SPBV)
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From Dec 2019 to Dec 2024
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.