CORAL GABLES, FL / ACCESSWIRE / June 23, 2015 / Global beverage sales continue to grow at roughly 4% each year according to data compiled by Statista. This equates to roughly 2.93 trillion liters of product for the industry. The categories of "Liquid Refreshment" and "Carbonated Soft Drink Sales" are two segments dominating the market right now and with the latest industry boom in health & fitness as well as medical & recreational marijuana, there's been no shortage of new products coming to market. Particularly FBEC WorldWide (PINKSHEETS: FBEC), Minerco Resources (PINKSHEETS: MINE), and High Performance Beverages Co (PINKSHEETS: TBEV) have gained the eyes and ears of many small cap investors over recent weeks.
FBEC WorldWide recently announced that the Company has entered into a commercial supply agreement with J&D Labs, Inc. to manufacture hemp-based nutraceuticals. J&D Labs, Inc. is a nutraceutical manufacturing company with over 25 years of experience in custom pharmaceutical manufacturing, contract manufacturing, and new product development. "On a regular basis, we, along with leading researchers around the world, regularly uncover additional uses and benefits of hemp as a supplement and additive. In some cases, hemp can service high-volume markets we believe to be natural fits for hemp-based additives and supplements we will formulate and then manufacture at J&D Labs. We look forward to working with the well-known, Dev Majmudar, Director at J&D Labs, and his team of leading scientists and manufacturing experts at J&D Labs," stated Robert Sand CEO of FBEC.
Since the middle of May, the stock has seen a jump in price activity. Intially trading as a sub penny stock, shares of FBEC WorlWide have quickly gained traction, seeing price as high as $0.12 within the last several weeks. Current trading shows the stock trending between a price of $0.065-$0.07.
Earlier this month, Minerco Resources announced that its subsidiary, Level 5 Beverage Company, had delivered the first order of its functional sparkling water line, VitaminFIZZ(R), to Gelson's Markets. This was a key account for the Company and will be serviced by Avanzar Sales & Distribution, which includes all 18 Gelson's Southern California locations. Gelson's was founded in 1951 by brothers Bernard and Eugene Gelson as "an extraordinary grocery shopping experience" for discerning consumers. "We are very proud to see VitaminFIZZ in Gelson's, a prestigious chain that prides itself on offering only the highest quality products," says V. Scott Vanis, Minerco's Chairman and CEO. "We are confident that Gelson's Markets' health conscious customers are likely to make our vitamin enhanced sparkling water a permanent fixture in the beverage aisle."
Since making the announcement, shares of MINE have seen mixed trading during a period of consolidation but recently prices have rallied. From lows of $0.0033 on Friday, MINE bounced back to highs of $0.0042 Monday afternoon.
High Performance Beverages Co has seen a rebound in price during the month of June. After having closed out May at $0.0003, shares of TBEV have rebounded by over 100% over the last 3 weeks. News of an impending test run within the next 7-10 days as well as the official product launch have been catalysts for added attention for the Company. Mike Holley, High Performance Beverage President, stated, "The next several weeks should prove to be an exciting time for High Performance Beverage as we begin production of our first product in a series of High Performance Beverage Sports Drinks. A significant amount of time and effort has been invested in order to finally bring this product to market. We look forward towards moving towards expanded online sales, dual coast distribution and additional new flavors in the upcoming months."
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