ShotPak Inc. Reports New Name And Beverage Pouch Group Continued
Growth Bodes Well For 2009 Investors
IRVINE, Calif. (Business Wire EON/PRWEB ) December 4, 2008 --
SHOT Spirits Corporation (Pink Sheets:SHTP), the owners of the
ShotPak(tm) cocktail recipes and also a 15% ownership in the Beverage
Pouch Group, today announces in order to prevent investor confusion
between the ShotPak cocktail brand owned by Beverage Pouch Group and the
ShotPak Inc. NV Pink Sheet OTC Company, the Board of Directors and
stockholders holding a majority vote agreed to change the name of the
Pink Sheet OTC Company to SHOT Spirits Corporation registered in Nevada.
Bill Marin, President of SHOT Spirit Corporation stated, "The name
change was necessary to make the market aware of our strategy of
investing in liquor and beverage companies and clearly shows the success
of our first deal and the 15% ownership in the Beverage Pouch Group LLC,
which is reflected positively in our balance sheet. At this time we are
in the midst of discussions with another beverage company and this
investment, should it come to fruition, would further expand our
portfolio."
The Beverage Pouch Group also has a technology deal with SHOT Spirits
Corporation and pays a royalty per case of ShotPak ready-to-drink
cocktails sold.
R. Charles Murray, CEO of Beverage Pouch Group commented, "The name
change was essential as investors can now appreciate that since January
1, 2008 SHOT Spirits Corporation value has grown exponentially and is
expected to continue as they remain an owner in ShotPak cocktails, as
well as an indirect owner through Shot Spirits Corporation's 15%
interest in BPG, in Chilling Rocks Nutraceutical waters, VinoPaQ award
winning eco-friendly sustainable wine pouches and CarboPouch draft beer
tubes for sports stadiums. In addition, BPG's BevShot division supplies
machinery for filling these patented pouches. So their first beverage
investment is much broader and comprehensive when compared to just
owning ShotPak cocktails and their share price at this time is well
undervalued considering the original launch price of $0.50 a share. The
additional growth potential they now have in all types of exciting
beverages, as well as in the fully operating BPG entity will make this
thinly traded stock a must for any portfolio. Remember there is no other
company with this type of beverage potential anywhere in North America".
The Beverage Pouch Group previously reported that after nine (9) months
they had sold 15% more cases of ShotPak products when compared to all
the cases ever sold and that the 2009 sales forecast looks very positive.
Information on SHOT Spirits Corporation:
ShotPak, Inc., an Irvine California based company, since 2003, is a
leading innovator of cocktails and straight spirits in Beverage Pouch
Group’s patented soft portable single serving standup pouches. With over
50 years of combined experience and expertise in alcohol distilling,
distribution and field marketing, retail placement and promotion as well
as consumer trial and adoption, ShotPak, Inc. and Beverage Pouch Group
prove to be a forerunner in the single serve Ready to Drink (RTD)
alcohol category. With the successful launch of four premium vodka
flavored drinks and four premium distilled spirits in January 2007,
ShotPak has instantaneously captured national attention in the rapidly
emerging $110 billion plus alcohol beverage industry, with distilled
spirits showing an 8.1% increase. ShotPak, Inc. and Beverage Pouch Group
are recognized for being visionaries with their award-winning spirits
and revolutionary packaging which gives consumers a cost effective way
to purchase spirits without the bulky bottle. For more information about
ShotPak, Inc. please visit us at: www.shotpakinc.com.
Information on Beverage Pouch Group:
Beverage Pouch Group a Sarasota, Florida based company, since 1996, is
the leading provider of StandUp pouch machinery through its
parent Company PPi Technologies Global, in North America. BPG is
a prolific innovator of pouch designs and structures for life style
beverages, including Natural Flavor Waters, all types of cocktails and
straight spirits, wines and draft beers in patented soft portable single
serve and sustainable StandUp pouches. The Beverage Pouch Group is truly
global with plants in Germany, Korea and China. BPG’s pouch machinery is
the industry standard.
Beverage Pouch Group offers a full range of Lifestyle Beverages to the
consumer in sustainable StandUp pouches. The Beverage Pouch Group
machines and StandUp pouches are marketed through four divisions: ShotPaQ
for liquors; BevPaQ for natural flavor waters, teas, coffees and
energy drinks; VinoPaQ for wines; and BeerPaQ for draft
beers.
BevShot is BPG’s contract packing division. A customer brings
their proprietary recipe and BPG’s BevShot division then utilizes
their machinery and process’ to fill that product into patented pouches.
This arrangement saves a small company precious capital at times when
resources are needed to grow their business by allowing them to meet the
financial requirements to begin production without the cost of
purchasing their own equipment.
Safe Harbor: Except for statements of historical fact, the
matters discussed in this fact sheet are forward looking.
These statements reflect numerous assumptions and involve a variety of
risks and uncertainties, many of which are beyond the company’s control
that may cause actual results to differ materially from stated
expectations. These statements include risks and uncertainties that
include the Company’s ability to attract and retain distributors;
changes in demand for the Company’s products; changes in the level of
operating expenses; changes in general economic conditions that impact
consumer behavior and spending; product supply; the availability,
amount, and cost of capital for the Company; and the Company’s use of
such capital and any additional risks factors as discussed in the
reports filed by SHOT Spirits Corporation.
See the original story at: http://eon.businesswire.com/releases/beverage_pouch/pouch_group/prweb1706634.htm
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