|From: Apoc198 (Rep: 51)||Date: 12/08/2010 12:16|
|Forum: Fima, Inc. - Msg #4||Thread #673114883 (Rec: 0) |
|FIMA Inc. Acquires 603 Beverages Inc.|
HUNTINGTON BEACH, CA, Dec 08, 2010 (MARKETWIRE via COMTEX) -- FIMA Inc. (PINKSHEETS: FIMA) has finalized agreements to acquire 100% of 603 Beverages Inc.
The terms for the acquisition have been met to acquire the company in a share exchange agreement in the amount of 603's first year revenues at a discount which translates into 20,000,000 shares of restricted FIMA common stock at today's current price. Management from FIMA feels that we can cut expenses and help expand distribution on this company to create a positive cash flow. FIMA plans to utilize 603 abilities to help market, and give further exposure to FIMA's real estate activities as well as now opening up the market for creating other marketing opportunities for FIMA to create greater monthly cash flow.
CEO Roy Sahachaisere states, "We are excited to start working with 603 as it does open many doors for us in vertical markets as well as helps enhance what we are doing down in Latin America." Mr. Sahachaisere goes on to state, "This acquisition also brings a bit of distribution in the beverage world, packaging, bottling and marketing abilities that we currently did not have."
FIMA has recently updated its posting on Pinksheets for the website to update its "sign" to "limited information" as the Company awaits the legal opinion, all plans are for the Pinksheet designation to soon be a "Pink Sheet Fully disclosed" participant. FIMA also plans to have shareholder updates for the 2011 strategy before the end of the year.
About 603 Beverages, Inc.
603 Beverages is a Developer, Producer and Marketer of "New Age" beverage products. It is the constant mission of 603 Beverages to identify growing categories within the beverage industry and to produce only the highest quality products for those categories. 603 Beverages currently produces and markets a progressive Energy Drink within the Company's network of distributors. The Company plans on expanding on that distribution as well as adding more exciting brands into the network. 603 Beverages works diligently with its team of distributors to ensure that the products they produce and the distributors are mutually successful. 603 Beverage feels that the surest way to success is through the formation of a quality team combined with quality products.
About FIMA Inc.
FIMA is a diversified company that has focused in Land development resorts and residential homes in Latin America. A plan for the Company has been to nationalize the real estate business in the US by looking for and purchasing distressed properties to create rental income. FIMA is now positioning itself with the acquisition of 603 Beverages to have a means of distribution for a marketing focus for not only real estate, but other intellectual and product properties that the Company may acquire in the future. For more information, visit the Company website at: http://www.fimadevelopmentinc.com.
Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
San Diego, Ca
SOURCE: FIMA, Inc.
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SUBJECT CODE: Food and Beverage:Beverages
Real Estate and Construction:Residential Real Estate
Real Estate and Construction:Construction
Real Estate and Construction:Commercial Real Estate
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