Market Alert: ABVI Up 66% on Better Than Average Volume

By admin | February 25, 2009
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Submitted by SmallCapVoice.com

Small Cap Market Update

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Hot Stocks To Watch
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Company: Access Beverage, Inc. (OTCPK: ABVI)

Last Trade:
Price: 0.045
Change (%): + 0.018 (66.67)
Volume: 111,127

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Recent News
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Access Beverage Signs LOI to Acquire Stake in one of the World’s Most Exclusive Luxury Bottled Water Brands

Access Beverage, Inc. (Pink Sheets:ABVI)
, a U.S.-based manufacturer and marketer of distinctive brands of wine and fine spirits, CEO, Mr. James Moeller, announced today that the company has entered into a Letter of Intent (LOI) with New Patagonia SA to acquire a forty-percent (40%) interest, contingent upon meeting performance requirements, in LAUQUEN(R) Natural Artesian Water. Under the terms of the agreement, Access Beverage is expected to acquire exclusive marketing and distribution rights, including import/export rights, joint ownership of all trademarks, future products and share in profits of the operation of LAUQUEN(R) in the United States, Canada and China. LAUQUEN(R) is the number one premium bottled water in several markets around the world, and was recently named one of the world’s most luxurious and expensive bottled waters by Forbes Traveler Magazine.

According to the agreement, Access Beverage’s distribution of LAUQUEN(R) will focus solely on institutional sales, including exclusive resorts and spas, wine bars, high-end clubs, luxury hotels and restaurants, country clubs, business centers, and premium retailers that are frequented by the world’s top celebrities, sports figures, royalty, and prominent executives. “LAUQUEN(R) has earned its place as a high-end lifestyle brand and is a perfect complement to Access Beverage’s line of fine wines and spirits. We believe the best wine makers and sommeliers, hoteliers, and other luxury service providers in North America and China will be pleased to offer LAUQUEN(R) to their clientele, who seek exceptional taste and quality, said Access Beverage CEO, Mr. James Moeller.

Read More » http://smallcapvoice.com/blog/access-beverage-signs-loi-luxury-bottled-water/

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Disclaimer
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