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BRVO.OB...Sector: Consumer Goods*** Industry: Dairy Products

Started by setravis, June 22, 2005, 08:25:13 PM

Previous topic - Next topic

gmarc66


Plummeted to under $1 due to recent news just out!


2005-08-04  Close Window
12:22:35   


B: Bravo! Foods and Coca-Cola Enterprises Sign Letter of Intent -Parties Move Forward with Negotiations for Master Distribution Agreement and Direct Purchase of Additional Shares- ( PRNewswire-FirstCall )







NORTH PALM BEACH, Fla., Aug 04, 2005 /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 letter of intent
to negotiate a master distribution agreement and a direct purchase stock
agreement with Coca-Cola Enterprises.

The Letter of Intent with Coca-Cola Enterprises, Inc. (CCE) confirmed both
parties' intention to move forward with further negotiations for the execution
of a Master Distribution Agreement between the Company and Coca-Cola
Enterprises, and for continued negotiations to enter into a stock purchase
agreement pursuant to which Coca-Cola Enterprises would purchase from the
Company approximately 81,030,000 million shares of the Company's common stock
for $0.16245 per share.

Bravo! CEO Roy Warren said, "A distribution and purchase agreement with one of
the largest distributors in the country is a giant leap forward for Bravo! as we
continue our momentum in retail outlets across the county and abroad. We look
forward to a mutually beneficial relationship with CCE and substantial growth of
Slammers(R) worldwide as a result."

The Master Distribution Agreement with CCE would grant exclusive distribution
rights to Coca-Cola Enterprises throughout North America and other territories
in which CCE is licensed to bottle products of The Coca-Cola Company, for all
existing and future Bravo! Foods products during the term of the Distribution
Agreement.

The Letter of Intent also confirmed that, with the direct purchase of common
stock from the Company by Coca-Cola Enterprises, together with shares of common
stock purchasable upon the exercise of Options to acquire a total of 68,990,244
shares of the Company's common stock purchased by Coca-Cola at $0.36 per share
from nine different non-affiliated investors, Coca-Cola Enterprises will hold
slightly in excess of 50% of the Company's equity on a fully diluted basis. If
consummated, the controlling interest would be purchased by Coca- Cola
Enterprises for an average price per share of approximately $0.25.

About Bravo! Foods

Bravo! Foods International Corp. (OTC Bulletin Board: BRVO) develops, brands,
markets, distributes and sells nutritious, flavored milk products throughout the
50 states, Mexico and the Middle East. The Company's popular dairy products are
available in the United States and internationally through production agreements
with regional milk processors. Bravo! drinks are currently available under the
brand name Slammers(R), and can be purchased in retail outlets throughout the
country and in some international markets.

Many of Bravo! Foods' Slammers(R) line of fortified, single-serve flavored milk
drinks are co-branded through exclusive partnerships with Mars Incorporated(TM),
Marvel Enterprises(TM) and MD Enterprises(TM) (Moon Pie(R)), providing superior
name recognition packaged with quality, great tasting drinks.

Slammers(R) are now available at more than 30,000 stores nationwide, including
such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S
Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly,
Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified,
Waldbaums, Walgreens and White Rose.

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

Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor
Relations, 561-837-8057 or [email protected] .

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.


CONTACT: Roy Warren, CEO, Bravo! Foods, +1-561-625-1411; or James Dryer, Investor Relations,
+1-561-837-8057 or [email protected], for Bravo! Foods

URL: http://www.prnewswire.com
http://www.bravobrands.com
http://www.otcfn.com/brvo
www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

-0-


KEYWORD: Florida
INDUSTRY KEYWORD: FOD
OTC
REA
SUBJECT CODE: LIC


gmarc66

Plummeted to under $1 due to recent news just out!


2005-08-04  Close Window
12:22:35    


B: Bravo! Foods and Coca-Cola Enterprises Sign Letter of Intent -Parties Move Forward with Negotiations for Master Distribution Agreement and Direct Purchase of Additional Shares- ( PRNewswire-FirstCall )







NORTH PALM BEACH, Fla., Aug 04, 2005 /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 letter of intent
to negotiate a master distribution agreement and a direct purchase stock
agreement with Coca-Cola Enterprises.

The Letter of Intent with Coca-Cola Enterprises, Inc. (CCE) confirmed both
parties' intention to move forward with further negotiations for the execution
of a Master Distribution Agreement between the Company and Coca-Cola
Enterprises, and for continued negotiations to enter into a stock purchase
agreement pursuant to which Coca-Cola Enterprises would purchase from the
Company approximately 81,030,000 million shares of the Company's common stock
for $0.16245 per share.

Bravo! CEO Roy Warren said, "A distribution and purchase agreement with one of
the largest distributors in the country is a giant leap forward for Bravo! as we
continue our momentum in retail outlets across the county and abroad. We look
forward to a mutually beneficial relationship with CCE and substantial growth of
Slammers(R) worldwide as a result."

The Master Distribution Agreement with CCE would grant exclusive distribution
rights to Coca-Cola Enterprises throughout North America and other territories
in which CCE is licensed to bottle products of The Coca-Cola Company, for all
existing and future Bravo! Foods products during the term of the Distribution
Agreement.

The Letter of Intent also confirmed that, with the direct purchase of common
stock from the Company by Coca-Cola Enterprises, together with shares of common
stock purchasable upon the exercise of Options to acquire a total of 68,990,244
shares of the Company's common stock purchased by Coca-Cola at $0.36 per share
from nine different non-affiliated investors, Coca-Cola Enterprises will hold
slightly in excess of 50% of the Company's equity on a fully diluted basis. If
consummated, the controlling interest would be purchased by Coca- Cola
Enterprises for an average price per share of approximately $0.25.

About Bravo! Foods

Bravo! Foods International Corp. (OTC Bulletin Board: BRVO) develops, brands,
markets, distributes and sells nutritious, flavored milk products throughout the
50 states, Mexico and the Middle East. The Company's popular dairy products are
available in the United States and internationally through production agreements
with regional milk processors. Bravo! drinks are currently available under the
brand name Slammers(R), and can be purchased in retail outlets throughout the
country and in some international markets.

Many of Bravo! Foods' Slammers(R) line of fortified, single-serve flavored milk
drinks are co-branded through exclusive partnerships with Mars Incorporated(TM),
Marvel Enterprises(TM) and MD Enterprises(TM) (Moon Pie(R)), providing superior
name recognition packaged with quality, great tasting drinks.

Slammers(R) are now available at more than 30,000 stores nationwide, including
such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S
Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly,
Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified,
Waldbaums, Walgreens and White Rose.

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

Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor
Relations, 561-837-8057 or [email protected] .

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.


CONTACT: Roy Warren, CEO, Bravo! Foods, +1-561-625-1411; or James Dryer, Investor Relations,
+1-561-837-8057 or [email protected], for Bravo! Foods

URL: http://www.prnewswire.com
http://www.bravobrands.com
http://www.otcfn.com/brvo
www.prnewswire.com

Copyright (C) 2005 PR Newswire. All rights reserved.

-0-


KEYWORD: Florida
INDUSTRY KEYWORD: FOD
OTC
REA
SUBJECT CODE: LIC


tommyt

Where is the news article about the public shareholder outrage regarding giving the company away @ .16 a share. Yeah, it's great CCM wil distribute, but people now have a hole in their portifolio because of this decision. Who knows what other bad business deals they'll think of? I like this company, but maybe they are trying to skip a few important steps on their way to profits. There is nothing better than building from the ground up. I know Stratvis and others have put a lot of work into this, and may you all be rewarded,... but, damm!

basonista

Oops, I posted the press release on the other thread.  Maybe the 2 threads should be consolidated.

This is a great deal for CCE - someone in their organization should be compensated handsomely - like with a yacht or beachfront property in Malibu.  At current market value of around $1.00 / share, CCE would instantly earn approximately $68 million on this quick investment, a cool 1900% return. 

I keep thinking that there must be a reason for this.  The company loses money (the $68 mil), the shareholders offering their options lose money ($44 mill +) and we sit here looking at our shares, that Bravo! management has decided are only worth $.25/share on average wondering what's going on!

This is an OTCBB stock so I guess anything can happen! ::)

setravis

May I have the envelope please......And the winner is...........CCE


*******************************************************************

NORTH PALM BEACH, Fla., Aug 04, 2005 /PRNewswire-FirstCall via COMTEX/ -- Bravo! Foods International Corp. (BRVO, Trade), a brand development and marketing company that manufactures, promotes and distributes vitamin- fortified, flavored milks, announced today that it has signed a letter of intent to negotiate a master distribution agreement and a direct purchase stock agreement with Coca-Cola Enterprises.

The Letter of Intent with Coca-Cola Enterprises, Inc. (CCE) confirmed both parties' intention to move forward with further negotiations for the execution of a Master Distribution Agreement between the Company and Coca-Cola Enterprises, and for continued negotiations to enter into a stock purchase agreement pursuant to which Coca-Cola Enterprises would purchase from the Company approximately 81,030,000 million shares of the Company's common stock for $0.16245 per share.

Bravo! CEO Roy Warren said, "A distribution and purchase agreement with one of the largest distributors in the country is a giant leap forward for Bravo! as we continue our momentum in retail outlets across the county and abroad. We look forward to a mutually beneficial relationship with CCE and substantial growth of Slammers(R) worldwide as a result."

The Master Distribution Agreement with CCE would grant exclusive distribution rights to Coca-Cola Enterprises throughout North America and other territories in which CCE is licensed to bottle products of The Coca-Cola Company, for all existing and future Bravo! Foods products during the term of the Distribution Agreement.

The Letter of Intent also confirmed that, with the direct purchase of common stock from the Company by Coca-Cola Enterprises, together with shares of common stock purchasable upon the exercise of Options to acquire a total of 68,990,244 shares of the Company's common stock purchased by Coca-Cola at $0.36 per share from nine different non-affiliated investors, Coca-Cola Enterprises will hold slightly in excess of 50% of the Company's equity on a fully diluted basis. If consummated, the controlling interest would be purchased by Coca- Cola Enterprises for an average price per share of approximately $0.25.

About Bravo! Foods

Bravo! Foods International Corp. (BRVO, Trade) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and the Middle East. The Company's popular dairy products are available in the United States and internationally through production agreements with regional milk processors. Bravo! drinks are currently available under the brand name Slammers(R), and can be purchased in retail outlets throughout the country and in some international markets.

Many of Bravo! Foods' Slammers(R) line of fortified, single-serve flavored milk drinks are co-branded through exclusive partnerships with Mars Incorporated(TM), Marvel Enterprises(TM) and MD Enterprises(TM) (Moon Pie(R)), providing superior name recognition packaged with quality, great tasting drinks.

Slammers(R) are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.

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

Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or [email protected] .

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.


Roy Warren, CEO, Bravo! Foods, +1-561-625-1411; or James Dryer, Investor Relations, 
+1-561-837-8057 or [email protected], for Bravo! Foods 

http://www.prnewswire.com 

Copyright (C) 2005 PR Newswire. All rights reserved.



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

daldrich

  Correct me if I'm wrong but I'm thinking they are effectively reducing the number of outstanding shares which should make the remaining tradeable share increase in value unless CCE plans to dump shares and lose their controlling interest.
  It would be the same effect as mgmnt retiring that number of shares but better still someone else is fronting the $ to do it so the bottom line is enhanced.

setravis

Yes,I you are correct.
No,I don't think CCE would a single share of what they wanted,"controlling interest".
In the long run both parties will  make out on this deal.
Now makes the float smaller...and that's good.
I think BRVO is a company on the rise.IMHO
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

BRVO....adds 3,000 + New Convenience Stores Nationwide
Good News! ;D

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


Bravo! Foods Adds 3,000+ New Convenience Stores Nationwide
Monday August 8, 10:01 am ET 
Slammers(R) Shipped to 22 New Chains


NORTH PALM BEACH, Fla., Aug. 8 /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, is pleased to report significant progress in key convenience store retailers nationwide.



With growing success, Bravo! recently shipped its popular Slammers® flavored milk drinks to 22 convenience store/petroleum chains, representing 3,333 locations in more than 13 states, including California, Texas and New York.

Bravo! CEO Roy Warren said, "While sales have been healthy in the past few months among grocers, we are particularly excited about recent achievements in the convenience store sector, where brand awareness is growing and re-orders are encouraging new customer acceptance."

Warren continued, "Our single-serve milk drinks are perfectly matched to the convenience store market, not only due to their great flavor, brand appeal and nutrition, but also because they can be distributed by any of a number of distribution systems."

Recent additions to nationwide convenience store retailers that are now offering Slammers® flavored milk drinks include: BP (AM/PM), ChevronTexaco, Circle K, FasTrip, Fastrac, Food Fast, G&M Oil Co., Gas America, Getty Mart, Irving Oil Corp, Island Foods, Kabrellos, Krause Gentle Corp., Maverik Country St., Pico, Pilot, Spynx Stores, Tower Energy, Twin Cities Avanti (Oasis Markets), USA Petroleum and Winner's Corner.

Bravo!'s popular Slammers® milk drinks come in 14 oz. shelf-stable bottles that can be stored without refrigeration for up to six months. The long shelf life and ambient storage capability is due to a combination of unique processing and packaging, accomplished without compromising taste. Retailers nationwide are offered a variety of great-tasting, single-serve Slammers® flavors for sale in the refrigerated dairy section.

About Bravo! Foods

Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and various Middle East countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors. The Company's popular milk drinks are currently sold under the brand name Slammers® and can be purchased in retail outlets throughout the country and in some international markets.

Bravo! Foods' Slammers® are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.

For more information visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .

Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or [email protected] .

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.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

don

I'm getting dizzy! How can we combine the 2 active BRVO threads at 3SOF?  Don.

don

Okay - this is the thread. Don.
Press Release

Source: Bravo! Foods International Corp.

Bravo! Foods International to Host Second Quarter Conference Call

Wednesday August 10, 2005, 4:08 pm ET

NORTH PALM BEACH, Fla.--(BUSINESS WIRE)--Aug. 10, 2005--Bravo! Foods International (OTCBB: BRVO - News), a brand development and marketing company that manufactures, promotes and distributes vitamin-fortified, flavored milks, announced that it will host its quarterly conference call on August 15, 2005 at 4:00 p.m., EST, to discuss the Company's operating results for the second quarter 2005 and provide an operational update.

Bravo! CEO Roy Warren said, "On the heels of several important product launches and a number of promotional campaigns nationwide, the second quarter has been very encouraging for Bravo! We look forward to an informative discussion of operating results and strategies with our shareholders."

To participate in the conference call, dial 877-407-8035. International callers, please dial: 201-689-8035.

This call is being webcast by Vcall and can be accessed at Bravo!'s investor relations web site at www.otcfn.com/brvo or at www.Vcall.com. A recording of the call will be available until 11:59 p.m. on August 16, 2005. To hear this recording, dial 877-660-6853 (International: 201-612-7415) and enter account number 286; conference identification number 164681.

snowcat

earnings and cc on August 15

setravis



Press Release Source: Bravo! Foods International Corp.


Bravo! Extends Motorsports Sponsorship
Friday August 12, 8:30 am ET


NORTH PALM BEACH, Fla., Aug. 12 /PRNewswire-FirstCall/ -- Bravo! Foods International Corp (OTC Bulletin Board: BRVO - News) announced today that it has extended its sponsorship agreement with Cagnazzi Racing and Pro Stock driver Erica Enders. The original three-race sponsorship was a win-win situation with promising results.
 



Bravo! Foods International will extend its relationship for the next two races at Brainerd, Minn., and Memphis, Tenn., while continuing to monitor the marketing impact of the motorsports program on its Slammers® Ultimate Milk.

"As we race to market with the latest Slammers® in retail and grocery outlets across the country, a partnership with driver Erica Enders provides a fun awareness campaign that translates to brand loyalty among race fans," said Bravo! CEO Roy Warren. "Fueled by the highly decorated Slammers race car, and enthusiastic responses from fans, we believe this successful nationwide marketing campaign is an exciting way to build the Slammers brand."

Several recent promotions tied to Slammers' drag racing program will remain in effect during the sponsorship extension. Racing enthusiasts are encouraged to stop by Enders' pit area and receive a discount coupon attached to her autograph card at any of her races. More information and a copy of the coupon can also be printed directly off the website at: http://www.slammersracing.com .

About Bravo! Foods

Bravo! Foods International Corp. (OTC Bulletin Board: BRVO - News) develops, brands, markets, distributes and sells nutritious, flavored milk products throughout the 50 states, Mexico and various Middle East countries. Bravo!'s products are available in the United States and internationally through production agreements with regional aseptic milk processors. The Company's popular milk drinks are currently sold under the brand name Slammers® and can be purchased in retail outlets throughout the country and in some international markets.

Bravo! Foods' Slammers® are now available at more than 30,000 stores nationwide, including such popular chains as: 7-Eleven, A&P, Associated Grocers, BI LO, Brunos, C/S Metro, Dutch Farms, Giant Food Stores, Jewel, Mars, Pathmark, Piggly Wiggly, Ralph's, Safeway, Sam's Club, Shaw's, Shop Rite, Speedway, SuperTarget, Unified, Waldbaums, Walgreens and White Rose.

For more information visit: http://www.bravobrands.com or http://www.otcfn.com/brvo .

Contact: Roy Warren, CEO Bravo! Foods, 561-625-1411 or James Dryer, Investor Relations, 561-837-8057 or [email protected] .

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.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

daldrich

Just had my first Slammer today and it was great.  Saw it at CUB foods on an end cap display and decided to try one.  If it is at the major grocery retailer in the Twin Cities area it amounts to a major marketing position and sales will be brisk.
  Think earnings are going to be great and only improve over the next several quarters at least.

don

NR Aug 15..Odd, this hasn't been posted here, yet? Don.
PS some very interesting comments in the Form 10QSB, of yesterday's date. I'm analysing and will post.
David: are you still of the opinion that the S/P will come down to your target? if so, will it be back on your buy list? Perhaps your criteria have changed? Tia, Don.

don

Bravo! Foods International Reports Record Second Quarter Results
Monday August 15, 3:18 pm ET
NORTH PALM BEACH, Fla., Aug. 15 /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, is pleased to announce the results of second quarter operations for the period ended June 30, 2005.
Fueled by successful sales penetration, for the quarter, Bravo! reported total revenue of $2,448,618, an increase of 70% over $1,441,356 reported for the same period in 2004.
On gross margin of 31.4%, Bravo! reported a net loss applicable to common shareholders for the second quarter 2005 of $(1,421,928) or $(.02) per diluted share, versus a reported loss applicable to common shareholders of $(980,710) or $(.02) per share reported for the second quarter of 2004. Full text of the filing including statements of operations can be found at: http://www.bravobrands.com or http://www.otcfn.com/brvo .
Bravo! CEO Roy Warren said, "The second quarter of 2005 saw a number of important advancements for Bravo!, having grown sales considerably over the period and fully introduced the co-branded Milky Way®, 3 Musketeers® and Starburst® Slammers® to convenience store and grocery retailers nationwide. We also made a number of important in-roads in other key markets, including school lunch programs, where Slammers have been met with growing excitement."
Warren continued, "While costs of development and selling expenses are traditionally high during new product launches for any company, we have experienced a dramatic increase in sales during this quarter and expect continued growth in sales throughout the second half of 2005, as we move forward with commitments for enhanced distribution capabilities and realize benefits from comprehensive sales and marketing campaigns across the country."
For the six-month period ended June 30, 2005, Bravo! revenue rose sharply from $1,879,562 reported for the same six-month period in 2004 to $3,346,388 in 2005, an increase of 78%.