Blue Gold Beverages Proposed Acquisition of Epic Nutrition Goes to Final Contract
HOUSTON, TEXAS--(Marketwire - April 7, 2011) -Blue Gold Beverages, Inc. (PINK SHEETS:BGBV) announces that the proposed acquisition of Epic Nutrition LLC, is going to final contract. The company's due diligence was completed successfully and closing is expected within 10 days.
Mr. Daniel Solomita, President and CEO of Blue Gold Beverages, Inc. stated "We at Blue Gold Beverages believe that with the acquisition of Epic Nutrition, we are well positioned to be leaders in several of the fastest growing segments in today's specialty beverage industry. Epic Nutrition's innovative and trend setting products such as the NRG shot, Goodnight shot, and NRG Pro-N-Go™ are poised for dramatic growth".
For more details on the products of Epic Nutrition please visit their web sites at [ www.nrgshot.com ], [ www.goodnightshot.com ] and [ www.pro-n-go.com ].
ABOUT THE COMPANY: Blue Gold Beverages, Inc. is a leading high end producer of private label water and specialty beverages in North America. Some of our products include all natural sodas, teas, non-alcoholic wine coolers and energy drinks. Blue Gold Beverages head office situated in Montreal, Quebec, Canada, we use 3rd party bottling plants strategically located across North America depending on the geographical location of our clients. 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.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.