July 28, 2006 • BRVO
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Bravo Foods announced that their factory is now producing 7.5 million bottles of their milk products per month - a total of 90 million per year. According to the company, this capacity “will satisfy the agreed upon supply obligation of Bravo! to Coca-Cola Enterprises” as part of their distribution agreement.
Since the beginning of the year, the company has tripled monthly bottle production from 2.5 million bottles to 7.5 million bottles.
At the same time, the company has begun what it calls “Operation Milk Attack” at CCE sales centers, a program aimed at training the CCE sales force on their products and building brand awareness.
July 28, 2006 • BRVO
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Bravo Foods announced they have sold $30 million in convertible notes due in 2010. The notes are convertible into common shares of BRVO at $0.70 per share.
One interesting note in the news release. The company could be planning something big based on how they worded this:
Under the terms of the financing, the Company will sell $30 million notes, of which $15.0 million of the notes will be held in escrow. The release of the funds will be subject to stockholder approval. The Company intends to file a proxy statement seeking such shareholder approval as soon as practical.
July 28, 2006 • COSI
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COSI just announced they will hold their 2Q06 earnings conference call at 8:30am on Thursday, August 10. Details are as follows:
AUDIO
Dial in number: 866-277-1181
International: 617-597-5358
Code: 72791737
Note: Participants should dial in a few minutes prior to the start time.
WEBCAST
Website link: http://investors.getcosi.com
Live then archived for one year
REPLAY
Dial in number: 888-286-8010
International: 617-801-6888
Code: 43145952
Available until: August 17, 2006
July 26, 2006 • JSDA
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Jones Soda recently announced that their products are now available in 1,450 K-Mart stores.
July 19, 2006 • JSDA
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Jones Soda announced that its distribution deal with Target has been extended until December 31.