Sports Pouch Beverage Co., Inc.: Retraction and Clarification of Press Release Regarding Alliance with Ready Pac
11 December 2008 - 2:50PM
Business Wire
Sports Pouch Beverage Company, Inc. (Pink Sheets: SPBV) today
retracted its press release of December 10, 2008 announcing an
alliance with Ready Pac Produce, Inc. to distribute a new exclusive
line of single-serve Perricone Farms 100% fresh juice beverages
using the Sports Pouch�. The press release made unsubstantiated and
incorrect claims that Ready Pac had agreed to distribute at least
five Perricone Farms natural fruit juices, in both the Northern and
Southern California markets, as well as in Arizona and Nevada.
Sports Pouch Beverage Co., Inc. apologizes for making such claims
and retracts all statements referring to any alliance or suggested
alliance with Ready Pac Produce, Inc. Sports Pouch Beverage CEO Mr.
Gil Arvizu stated, �I wish to sincerely apologize to Ready Pac for
releasing this information without prior authorization, or indeed,
the completion of any formal relationship between our companies.
This was a serious error on our part and we therefore apologize
wholeheartedly if we albeit unintentionally misled anyone.� For
more information on Sports Pouch Beverage Company, interested
parties are encouraged to visit the Company�s corporate and product
Website at: www.sportspouchinc.com. In addition, investors seeking
more information on the Company are encouraged to call Sports Pouch
Beverage�s investor relations representatives at 800-953-3350.
ABOUT SPORTS POUCH BEVERAGE CO., INC.: Sports Pouch Beverage
Company, Inc. was established to produce and market its
revolutionary new liquid pouch packaging with proprietary,
patent-pending pull-push spout technology. The Company is utilizing
this technology for the development, production and distribution of
new beverage brands, as well as for use by certain companies and
brands already established, which are seeking a new, unique
packaging solution. Sports Pouch Beverage Company, Inc. has its
corporate offices at 6 Gerona Drive, Rancho Mirage, California, and
is the holder of the trademarked name "All American Sports Pouch."
Please visit Sports Pouch Beverage Company�s corporate Website at:
www.sportspouchinc.com, and/or call Sports Pouch Beverage Company�s
investor Relations representatives at 800-953-3350. 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, 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. INVESTOR
RELATIONS: Equiti-trend Advisors LLC1-800-953-3350
toll-free1-858-436-3350 local or international9:30 a.m. to 5 p.m.
EST daily
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