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BRVO.OB

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

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Fré

You'll have to check the stores where CCE distributes. Good luck ;D

echo

All this is is BRVO diverting all their product to Coca Cola. Which means of course production problems.
There's always a bull market somewhere and I promise to bla bla bla bla........

irod

Quote from: stocky on January 30, 2006, 09:24:34 AMI dont buy that there is so much demand that they can't meet that. Infact there are lot of other products. I am curious just whats going on.

These production problems have been discussed extensively in previous posts here and in the conference calls.

don

Repeating myself, quoting Jeff Kaplan from the CC:
Revenue guidance for Q4 2005,  I noted, according to my notes a remark that stated: that
Q4 2005 should be $6-7 mill.
Ask your self, what would be your preference - that they have low sales and surplus plant capacity or vice versa? Of course it is a problem.
But, when you are in bed with the 600 pound gorilla, and you have minimum monthly volume obligations to meet, you can hardly say - not tonight dear, I have a head ache.
Jeez, boys and girls, let's not miss the forest for all the trees! Don.


Fré

I sent an email to Roy, to get some answers about a possible dilution.
This is his answer:

Unfortunately if I knew the answer to your questions I would be prohibited by SEC regulation from answering it.  You can rest assured that we will do what is in the best interest of the equity shareholders.  We were very fortunate to attract the SG Cowen firm as bankers and will rely upon their guidance should additional capital become necessary. Thanks. rGW

mcolin

Interesting that this absence of product on the shelves should come up. I sent an email to Roy two days ago about that very issue. Here's what I sent:

WHERE HAVE ALL THE SLAMMERS GONE?
Greetings. I'm a stockholder and a fan of the product.
But...what's weird is that the product was all over the shelves at Ralphs's,
Von's and Albertson's here in Southern California...before the CCE deal. Just
before that deal inked, they all disappeared. I haven't seen a Slammer
in months (which is too bad, because I like the Milky Way and Three
Musketeers flavors!). What's the deal? Feeling a little nervous as a stockholder.

Here's what Roy replied:

Hi Michael, I am not sure why this could have happened. I am sure Mike
Comerford can update you on this and I am very sure that the timing of
CCE and the out of stocks are not correlated.  We may have had some product
shortage but as far as I know we are still there. Mike will update us.
Thanks. rG

Have yet to hear from Mike Comerford. Makes me feel uneasy.

don

Fre, thanks for asking and posting Roy's response re possible dilution.
It is instructive to me to see you, David and Jeff use the term dilution, rather than the term increase in issued capital.. I am curious to know, do you distinguish between the two? I do.
To my way of thinking, if Bravo issues new shares, say 20 million shares at 60 cents and uses the funds to 'buy' additional filling capacity - then, that as a consequence would mean increased production, which should get sold (since there is already a critical product shortage, as posted here). Increased sales means increased earnings. Okay, you all know where i am going.
If increased earnings is divided by the increased number of issued shares - and that results in an increased EPS - as compared with not issuing shares.....then it is inappropriate to call that new issue a dilution. It is a share issue, nothing more - other than, to me, a wise management decision.
If as a consequence, the EPS decreases , then it would be correct to label that a dilutive share issue.
To clarify further, if you will all bear with me: if as a consequence of my rhetorical  new issue of 20 mill. shares, the company receives cash which allows it to redeem convertible debt, using less shares than are redeemable; then again, that is not a dilution. It pains me to repeat myself - it is a wise management decision.
All imho. I am anxious to debate this. Anyone? Don.

don

News: Press Release   Source: Bravo! Foods International Corp.

Bravo! Foods and Tabatchnick Fine Foods Team Up to Help America's Neediest
Friday February 3, 12:05 pm ET
Participation in USDA Program Includes Shipping of 4 Million Units of Nutritious, Shelf-Stable Milk to Thousands Through Faith-Based Organizations

NORTH PALM BEACH, Fla., Feb. 3 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it has partnered with Tabatchnick Fine Foods, Inc. to ship 4 million units of high-quality, nutritious, shelf-stable milk to the USDA's National Non-Profit Humanitarian Initiative (NNHI) that benefits the nation's needy, as part of its production agreement with Tabatchnick.

The NNHI program works with faith-based non-profits across the country ranging from America's Second Harvest to the Salvation Army and Red Cross, in an initiative to feed the hungry and homeless and to assist in major national emergencies. The Initiative was first announced Sept. 17, 2003 and provides government surplus inventory of non-fat dry milk (NDM) to about 73 organizations that in turn deliver the non-fat dry milk nationwide. While NNHI helps meet the nutrition needs of the disadvantaged, the program also reduces surplus government stocks of NDM.

Specifically, Tabatchnick is selling Bravo!'s Slammers® Flavored Milk through the NNHI by supplying over 4 million units of 8 oz. fortified UHT milk. The product will be shipped nationwide through March.

Tabatchnick Fine Foods, a well-known family-owned business with more than 100 years' experience in the food industry, has established relationships with the USDA and its program partners nationwide. It has been selling high-quality and nutritious food products through a series of government Commodity Food Programs in schools for many years.

Bravo! CEO Roy Warren said, "We are pleased about this latest partnership with Tabatchnick and the opportunity for Bravo! Foods to help. We will continue to seek ways to work with the USDA in government-supported programs that allow us to bring more high-quality and healthier products to those who are most vulnerable. We welcome the opportunity to assist whenever we can."

Ben Tabatchnick, president of Tabatchnick Fine Foods, said, "We have a history of providing healthy, nutritious food to school hot lunch programs nationwide and this is a natural extension of that effort. If we can help those most vulnerable with quality products like Bravo!'s Slammers® Flavored Milk, we are delighted to do so and participate in such an important initiative."

Tabatchnick continued, "Teaming up with Bravo! we've been able to exceed expectations by providing a more nutritious alternative to traditional dairy products that have limited shelf life and require extended refrigeration."

Bravo! Foods and Tabatchnick Fine Foods have teamed up in the past on similar government-run initiatives. Together, they have sold millions of units of various Slammers® products through government programs across the country.


Fré

Ready for a rebounce?

Rsi nearly touching 30 and support at 0.53.

don

If wishes were pigs...
I wish I had the balls to do what Jeff did, sell at 62, on no movement up  at the CC. Then I would have had some spare cash to be buying with, these past few days. Hoping some of you sellers did buy back in. Don.

rickjust

hi brvo fans,
looks like this is heading higher, all the signalls are there. plenety of volume yesterday.
wonder if this will keep trading in a range to about 70+ and then come down again. needs some great news to propel it further than the 70s.
lets see,
maxi

fill_the_gap

#1091
But they need FDA approval.  It could take a year or so.   Not sure if this is good.  Not the company that people expected to do a deal with.  I do not like the contingencies and drawn out time horizon.

Plus, I am not convinced they will make numbers this quarter.  My guess is it may run into the call and selloff like the last few quarters. 

Too many (ifs) and large future numbers for me.  They will need more financing before that, imo.

Bravo! Foods Signs Five-Year Manufacturing Agreement With Aseptic Solutions USA
PR Newswire - February 13, 2006 08:31
100 Million Annual Production Volume Commitment


NORTH PALM BEACH, Fla., Feb 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (OTC Bulletin Board: BRVO), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it has signed a five-year production agreement for its various lines of shelf-stable, single-serve flavored milk beverages with Aseptic Solutions USA, LLC. Aseptic Solutions, a private company located in Corona, California, expects to receive approval from the United States Food and Drug Administration to produce aseptic low acid shelf-stable dairy products in HDPE plastic bottles by year-end. Upon receiving this approval, Aseptic Solutions will join only three low acid manufacturers in the United States presently authorized to produce aseptic low acid shelf-stable dairy products in plastic bottles.

Under the terms of the agreement, Bravo! has contracted with Aseptic Solutions to begin production, upon receipt of the FDA approval. Production is expected to commence in December 2006. The parties have agreed to an annual volume capacity of up to 100 million bottles and anticipate full production to ramp up quickly. The agreement also provides Bravo! with a right of first refusal for any additional production capacity Aseptic Solutions may bring online. The five-year commitment between Bravo! and Aseptic Solutions will begin from the date the FDA provides a "Letter of Non- Objection" to Aseptic Solutions.

Roy Warren, Bravo!'s Chief Executive Officer, said, "This production agreement is a milestone event for the Company as it substantially increases Bravo!'s contracted units capacity to close to 190 million units annually. "In addition," Mr. Warren commented, "the geographic location of Aseptic Solution's production facility on the west coast enhances our distribution capability as it compliments our current production capacity in the mid west.

Joshua Cua, Chief Operating Officer of Aseptic Solutions, commented, "We are excited about working with such an innovative company like Bravo!. We are looking forward to a long and rewarding relationship. Our advanced technology will provide Bravo! with state of the art microbiological and organoleptic applications for Bravo!'s already excellent products."

About Bravo! Foods

Bravo! Foods International Corp. develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 United States, Great Britain and various Middle Eastern countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors and are currently sold under the brand name Slammers(R). Bravo!'s Slammers(R) products are available nationwide, in such popular chains as: 7-Eleven, A&P, Associated Grocers, Bruno's, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Safeway, Sam's Club, Shaw's, ShopRite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.

Many of Bravo! Foods' Slammers(R) lines of shelf-stable, single-serve milk drinks are co-branded through exclusive partnerships with Masterfoods, a division of Mars Incorporated, Marvel Entertainment and MD Enterprises (Moon Pie(R)), providing superior name recognition packaged with quality, great- tasting drinks.

On November 1, 2005, Coca-Cola Enterprises, Inc. began distribution of the Slammers(R) Masterfoods line, as well as the Company's Slim Slammers(R) and Pro Slammers(TM) products, under a Master Distribution Agreement with Bravo!.

About Aseptic Solutions USA

Aseptic Solutions is an entrepreneurial company that specializes in the formulation, development and manufacturing of shelf-stable aseptic high and low acid beverages. In November, the company completed a state of the art manufacturing facility and has developed several proprietary aseptic technologies through the support of its affiliate, Flavours, Inc. and Procomac Italy, who supplied the turnkey aseptic line.

For more information, visit: http://www.bravobrands.com .

Contact: Jeffrey J. Kaplan, Chief Financial Officer, Bravo! Foods, 561-625-1411

Investor Relations Contacts:
     Integrated Corporate Relations
     Kathleen Heaney 203-803-3585
     Julia Heckman 203-247-7275

    Forward-Looking Statements

Safe Harbor under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the Company's filings with the Securities and Exchange Commission.

SOURCE Bravo! Foods International Corp.

Jeffrey J. Kaplan, Chief Financial Officer, Bravo! Foods, +1-561-625-1411; or
Investor Relations, Kathleen Heaney, +1-203-803-3585, or Julia Heckman,
+1-203-247-7275, both of Integrated Corporate Relations for Bravo! Foods

http://www.prnewswire.com

Copyright (C) 2006 PR Newswire. All rights reserved.


Just one opinion, do the research

Fré

Good news. The cost for an agreement will be less.
But it's sure that revenues for 2006 won't reach 75M.

don

Good point, Fre - re lower cost.
Jeff, is there a general disenchantment with this co's prospects, at 3sof? I know they won't make their 2006 forecast. It is well known news that 2006 capacity is less than forecast sales.
Why am I inclined to feel happy rather than suspicious about a newly negotiated boost to 2007 production capacity? I would imagine that negotiations with Hood are ongoing....and may be long ongoing because, as has been  pointed out earlier, Hood will try to  seek to strike an expensive deal. The market dictates that available production is more expensive than future FDA dependent production.
If I was king and so on: I would tie up additional future production capacity, cheaply with a 3rd party, in order to be in a stronger position to negotiate with a Hood. With all due respect, are there any entrepreneurs on this thread?

Real Time trades OTC: 10.49am: 7,500 shares at .735.
Now why did my open sell at .72 not fill? Someone buying hit the wrong key I guess......Don.

fill_the_gap

#1094
With all due respect, are there any entrepreneurs on this thread?  -Don-
----------------------------------------------------------------------------------------------------------


Don,

I am an entrepreneur.  And I have owned a business for years.  Being realistic is important.  People look for actions to back up all of the talk.

Roy is not realistic.  The worst part is that his CFO, Jeff, knows this too.  Nothing anyone can do to reel this guy back in.  Roy continues to promise the moon.  Unfortunately, the market realizes this.

My opinion changed when the CEO kept falsely telling me that the product is in California and Tennessee.  I spent a day calling around.  Nothing except a few in Walgreens.  And the Yoplait, Hershey's etc. name brands are preferred by the public.  They are also blowing them away in sales according to some industry brokerage firms.  More competitors have been entering the market.  Yet Roy continues to tell me it is here and that I am wrong.  Same story is being reported in other states.

Roy Warren has a history of promising the moon and Not delivering.

My guess is that this takes the place of the Hood deal.  Of course, he will not want the public to believe this.  Further dilution will come as they have used all 300 million dollars in deals.

But I have been wrong many times before, but you asked my opinion.  I will not touch BRVO until they consistantly hit numbers and show up in areas that Roy claims product is being sold.

The news today about a deal that is a year out is negative, imo.

The CEO deals in fluff until he asks for more shares.  This is my opinion after following BRVO closely.
All 300 million shares have been used for deals.  They will need more shares to move ahead.

Hope you get your run into earnings.  No way I would hold it into the call.

Good Luck.
Just one opinion, do the research