Sports Pouch Beverage Company, Inc. (Pink Sheets: SPBV) CEO Mr. Gil Arvizu today announced that following the United Packaging Group joint venture, the company has completed the purchase of its third Sports Pouch� filling machine, which is expected to increase capacity to produce another twenty million pouches of UPG�s enhanced water and beverage lines over the next year. Mr. Arvizu stated, �The purchase of our third filling machine is a significant milestone for the company, particularly as demand for our tamper-proof Sports Pouch packaging system has increased faster than originally expected. The purchase of this machine considerably increases our ability to generate sales of over $6-million annually from this machine alone.� The company has the exclusive US rights to the pouching machine that fills the patent pending, one of a kind Sports Pouch� beverage packaging system that utilizes a flexible, light-weight pouch, combined with an easy to use, re-sealable, pull-push spout that is environmentally friendly. It is expected that through the UPG joint venture with Sports Pouch� a new line of children�s vitamin enriched flavored beverage will shortly be introduced to the marketplace. Mr. Arvizu added, �Over the coming weeks we expect to make a number of significant announcements that clearly demonstrate that our product line is gaining major traction through some of the major retail and club stores nationwide. This is great news for our company, the consumer, and more importantly, our shareholders.� 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.
Sports Pouch Beverage (CE) (USOTC:SPBV)
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Sports Pouch Beverage (CE) (USOTC:SPBV)
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