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BRVO.OB

Started by David Randolph, May 30, 2005, 08:01:38 PM

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don

Hmm, this caught me flatfooted. I was just analysing the conference call and....this is what the company (and the stock) needed. Don.
Press Release   Source: Bravo! Foods International Corp.

Bravo! Foods Announces Production Agreement with HP Hood LLC
Monday September 25, 11:14 am ET
Annual Production Commitment of 70 Million Bottles

NORTH PALM BEACH, Fla., Sept. 25 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that promotes and distributes vitamin-fortified, flavored milk drinks and other beverages, announced today that it has signed a six year production agreement with HP Hood LLC.

Under the terms of the agreement, the parties have agreed to annual volume commitments of 70 million bottles of Bravo!'s various lines of shelf-stable, single-serve flavored milk beverages. Production is expected to commence in October 2006 and ramp up quickly. The first shipment of approximately 3.8 million bottles is anticipated for November 2006 with full volume shipments of 70 million forecast for 2007.

HP Hood LLC of Chelsea, Massachusetts is one of only three dairy processors in the United States that has approval of the United States Food and Drug Administration to produce aseptic shelf stable milk in bottles. Bravo! has contracted with Hood for the production of Bravo!'s products through 2012.

Roy Warren, Chief Executive Officer, commented, "We are extremely pleased that Hood, with 160 years in the dairy business, will be providing additional production capacity for the Bravo! Slammers. The additional production capacity from Hood is another milestone for Bravo! and brings our total contracted production capacity close to 160 million units." Added, Mr. Warren, "Production for the Bravo! Slammers will be in Hood's Winchester, Virginia facility which complements our current production in the mid-west and Canada."

John Kaneb, Chairman, President and CEO of HP Hood LLC commented, "We are excited about working with an innovative company like Bravo! and look forward to a long and rewarding relationship."

TD

Glad to see they're cranking output up. Must mean CCE sees demand in their distribution chain. Now if they'll just let us make a little $$money$$ on the sales....or maybe even make an offer, say $6-8.00. I'd be happy camper......luck to all

don

Quote from: TD on September 26, 2006, 11:24:08 AM
Now if they'll just let us make a little $$money$$ on the sales....
I'd be happy if they would make some money!! Show some inclination to plug the cash drain hole..what we do not see yet is sales driving the stock price, (a positive for the price) rather than fear of further stock/convertibles issues to fund huge cash losses (an obvious negative).  Don.

don

Old and new:
Just announced - is this the first mention of the granting of stock options? Fox.

Form 8-K for BRAVO FOODS INTERNATIONAL CORP

2-Oct-2006

Entry into a Material Definitive Agreement


Section 1.01 - Entry into a Material Definitive Agreement

Bravo! Foods International Corp. has signed a six-year contract production agreement, effective September 19, 2006, with HP Hood LLC of Chelsea, Massachusetts. HP Hood is one of only three dairy processors in the United States that has approval of the United States Food and Drug Administration to produce aseptic shelf stable milk in bottles. Bravo! has contracted with Hood for the production of Bravo!'s products through 2012. HP Hood will produce Bravo!'s products in Hood's Winchester, Virginia plant.

Under the terms of the agreement, the parties have agreed to annual volume commitments of 70 million bottles of Bravo!'s various lines of shelf-stable, single-serve flavored milk beverages. Production is expected to commence in October 2006 and ramp up quickly. The first shipment of approximately 3.8 million bottles is anticipated for November 2006, with full volume shipments of 70 million forecast for 2007. The agreement incorporates per unit monetary penalties for unused capacity by Bravo!.

Either party may be terminate the agreement for a material breach, insolvency or bankruptcy and Bravo! may terminate for the HP Hood's cessation of the production of Bravo!'s products for any period of time not in the ordinary course of business. HP Hood may terminate the agreement at any time after the commencement of production upon 365 days notice to Bravo!.

In connection with the agreement, Bravo! has issued a six year warrant to HP Hood for the purchase of 5,870,000 shares of Bravo!'s common stock at an exercise price of $0.73 per share. Bravo! has the right to call the exercise of the warrant at any time on or after the initial 36 months of the agreement, provided that the call notice is given within 10 days after the closing price of Bravo!'s common stock is not less than $1.46 per share for 20 consecutive days.

dugdogg

been a while but BRVO is back with a vengeance!!  easy double over the next month or two

boatguy

Down with volume 35% :'(

Se7en

Wow, looks very ugly ...   ::)  :o
Així és la Catalunya, així és el Barça! Mès que un club!!!

boatguy

#1147
The bloodbath continues

dugdogg

what is going on here? i dont see any news that would warrant such a bloodbath

boatguy

Sad to see Bravo like this-

D&Data

Massive dumping here/What is the Prob  ??? Uh ?!! :-\

boatguy

Financials sucked :P   I haven't been in Bravo for a long time but have followed it in my watchlist so I am not up to speed on the current situation.

I was surprised to see the panic selling that took hold.

Could be interesting today- lets see if this dead cat bounces ;D

Ares

Hi boatguy,

I was trying to go as far back in BRVO's historical support zone but can't find any as of now.
Where do you think support would be for a dead cat bounce?

Ares
Go in with upside momentum or wait for stock to tank and buy close to support.

boatguy

#1153
Looks like .092 or so is resistance now- if Brvo clears and holds that it may recover. ;)

Anyone entering at .05 is up 30%- still a dangerous play

I would not hold if it goes back below .063

Good luck if you are in

Ares

Nice boatguy,

Applaud.
I see resistance at 0.08 in the hourly chart and the hourly 200ma is currently at 0.0881.
Currently it looks like it wants to break the 200ma of the 5 minute chart.
Nice blocks coming in so far.
Go in with upside momentum or wait for stock to tank and buy close to support.