Cuba Beverage Company Receives Funds and Funding Commitments Totaling $500,000, Completing First Round of Financing
29 Mai 2012 - 10:00PM
Marketwired
Cuba Beverage Company (PINKSHEETS: CUBV), a manufacturer and
innovator of herbal, all-natural energy beverages, announced today
it has completed its initial round of new financing through an
equity private placement. The Company has received funds and
funding commitments totaling $500,000.00 completing the first round
of financing. Cuba Beverage intends to now initiate a second round
of financing to raise a total of $1,000,000.00 in equity capital.
This new investment will allow the Company to initiate the
latest production run of its current product offering and resume
distribution through its established network of beverage sales
channels.
About Cuba Beverage Company Cuba Beverage
Company is at the forefront of creating a unique category for
Herbal Energy Juices in the global energy beverage market, valued
at $17 billion in sales in North America alone. Developed over the
past four years with leading industry scientists, CUBA Herbal
Energy Juice® is the first ready-to-drink beverage by Cuba Beverage
Company that offers a healthy, natural alternative to conventional
energy drinks. Several countries have banned the sale of energy
drinks, which contain a high dosage of stimulants, including
taurine and other artificial ingredients that can increase blood
pressure and heart rate, cause joint pain, depression and
sleeplessness as well as many other negative health effects. CUBA
Herbal Energy Juice® is rapidly setting a new industry standard
with its all-natural ingredients. It contains no added caffeine, no
taurine, no high fructose corn syrups and/or artificial sugars, no
preservatives and no artificial ingredients.
The product is available in three unique flavors:
Pomegranate-Cranberry, Wild Berry and Passion Fruit-Orange. BevNet,
the beverage industry's go-to source for product reviews, stated,
"CUBA is a superb tasting product. Unlike other juice infused
energy products, this one ('Cuba') has a low level of sweetness and
its boost is derived entirely from natural sources as opposed to
added caffeine... it is one of the more innovative energy drinks
we've seen in a while." For more information, visit
http://cubabev.com/.
Safe Harbor: This release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approvals for
anticipated actions.
Contact: Cuba Beverage Company Alex Procopio President
866-431-CUBA (2822)
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