Fire Mountain Beverage Company Shows Signs for Upbeat Future and Post Year-End Financials
Posted on: Wednesday, 5 March 2008, 00:00 CST
Fire Mountain Beverage Company (Pink Sheets:FBVG) announced today that the Company and Management are extremely optimistic about the future of the Company. Revenues in 2007 were far greater than in 2006.
According to Anthony K. Miller, CEO, "We had an excellent 2007 which was the best in our 4 year history. Each year we have built upon the previous and we believe that this will certainly be the case for 2008. This month, we begin our marketing program by sponsoring another two golf tournaments in California. Last year we were involved in 38 different events to help brand the Company and its products. This year we may even do more events than last year. In 2008, we intend to launch a number of new products and expand our production capabilities. We believe that these efforts will have a significant impact on 2008 earnings. We thank you for your support and will make an effort to keep you more informed on our progress."
Fire Mountain Beverage Company bottles, develops, markets, sells, and distributes branded purified, spring water and oxygenated-vitamin-flavored water beverages and co-packs and markets a wide range of beverages. The Company products are orientated to the health conscious consumer looking for alternatives to tap water and carbonated beverages containing sugar, caffeine, sodium and carbohydrates. Fire Mountain's customer base includes single and multi-store retail operations, governmental agencies, distributors, convenience stores, schools and other outlets. These products take advantage of current market trends in the beverage industry that enhance the quality of life.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.
Source: Business Wire
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