Blue Gold Beverages, Inc. (BGBV.PK)
Blue Gold Beverages, Inc. is a leading high end producer of private label water and specialty beverages in North America. Blue Gold Beverages is positioning itself to become a leading marketer in various specialty beverage categories including sleep and relaxation supplements, energy drinks and bars, cold remedy. Blue Gold Beverages, Inc. management has extensive experience in product development and the sales and marketing into the retail, drug store and mass merchandiser distribution channels.
Statistics from Marketdata Enterprises, Inc., leading independent market research publisher reports 58% or more than 175 million of all Americans are estimated to experience insomnia symptoms or sleep disorders. Marketdata estimates that the U.S. sleep market was worth US$ 23.7 billion in 2007.
BGBV recently reported that its wholly owned subsidiary EPIC Nutrition, Inc. has launched Goodnight™ 2.5 fl oz sleep shots. Goodnight™ contains a proprietary blend of active ingredients and is one of the early entrants in the liquid delivery system of sleep aids.
"Based on commitments from our existing accounts and the potential accounts represented by CMI, we could quickly gain distribution in over 25,000 retail locations in the next 120 days. Selling one unit per week, these accounts would represent US$ 5 million in annual sales for Blue Gold Beverages. With 100,000 plus potential retail outlets in our target distribution channels, Goodnight has the potential of quickly becoming a US$ 20 million brand. The sleep deprivation category is exploding, " stated Scott Movic President of EPIC Nutrition, Inc..
Goodnight™ has a unique combination of ingredients that includes Melatonin and L-theanine, a relaxant found in green tea. Goodnight™ also contains ingredients clinically shown to be effective in helping you relax your mind.
In addition, Blue Gold Beverages, Inc. wholly owned subsidiary EPIC Nutrition, Inc. has recently signed an exclusive distribution agreement with Contemporary Marketing, Inc. ("CMI") one of the leading National Sales and Marketing companies in the USA.
The agreement provides for Contemporary Marketing, Inc. to be the exclusive broker for EPIC's NRG™, Goodnight™ and COLDsense™ brands for key retailers Walgreens, CVS, Target, GNC and Stop & Shop resulting in thousands of potential points of distribution at these retail outlets.
Energy drinks in particular have experienced impressive growth of more than 240% in the United States, as well as abroad, from 2004 to 2009 (Mintel 2009. The U.S. energy drink industry is anticipated to more than double and reaches an astounding $19.7 billion in 2013, which is almost a 160% increase from 2008.
Blue Gold Beverages, Inc. previously acquired the exclusive distribution agreements for Pit Bull energy bars, as well as all products developed by Epic Nutrition Inc.
All of Pit Bull Energy Bars products combine all natural herbs, fiber, protein, vitamins and minerals with delicious, enticing flavors! Pit Bull Energy Bar was created for everyday people who want to feel fit, energized and healthy.
"With the introduction of these new products, and through a new sales agreement with major US broker, combined with our new distribution agreement for PitBull Energy Bars we anticipate revenues to reach in excess of $20 million dollars by the end of 2012," stated Larry Latowsky, Chairman of Blue Gold Beverages, Inc.
With the recent acquisition of TY Recycling, Blue Gold Beverages has entered into the polymer recycling business, selling PET and Nylon waste. This is in-line with the company's strategy of becoming environmentally responsible by eliminating its carbon footprint, and increasing shareholder value.
For more information about Blue Gold Beverages, Inc. please visit http://www.bluegoldbeverages.com
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