Fuego Enterprises Announces a Major Development in Its Substantial Investment in...
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Fuego Enterprises Announces a Major Development in Its Substantial Investment in
Beverage Plus
LAS VEGAS and MIAMI, July 7, 2009 (GLOBE NEWSWIRE) -- Fuego Enterprises Inc.
(OTCBB:FUGI) announces a major development in its substantial investment in
Beverage Plus, a Nevada Corporation, which recently completed its public company
listing on the USA Over the Counter Pink Sheets. Its stock has been trading at
an average price of fifty cents per share on very light trading. Fuego owns
405,859 common shares in the Beverage Plus Holding Company, a Pink Sheets
publicly traded company having a controlling interest in Beverage Plus. Fuego
also owns 405,859 common shares of Beverage Plus AG, a Swiss company also having
a minority ownership interest in Beverage Plus. Beverage Plus AG is also in the
process of completing its listing on the German Stock Exchange and has announced
its opening price per share at 2.25 Euros or USD 3.13. Fuego's shares in
Beverage Plus AG are also registered with Clearstream Banking AG in Frankfurt,
Germany and were delivered to us in anticipation of free trading status on the
European stock market. It is estimated that this additional public listing and
trading platform will be achieved in August, 2009.
Beverage Plus is the exclusive distributor of beverages produced by Ronald
Serota, owner of the beverage formulas developed by 40-year beverage industry
veteran Hugh White and the RoubiDoux Beverage Co. of Warrenton, Missouri, USA.
Beverage Plus is selling its products in Europe, Africa and the United States.
Beverage Plus carries a product line including over 40 beverages including
energy drinks, liquid concentrate coffee, fruit juices, vitamin-enriched sports
drinks, sodas and flavored water. Beverage Plus is the exclusive world-wide
distributor of MC2 Energy Drink which is formulated to taste great, quench
thirst, and provide a boost of energy. MC2 Energy Drink comes in two distinct
flavors: Berry Blue and Cherry Red; available in 8.4 fl. oz. (250 ml) and 16 oz.
(480 ml) cans. MC2 Energy Drink is currently available in the United States
through supermarkets and convenience stores. A three-gallon bag of energy drink
syrup is also available for distribution worldwide and when dispensed through a
fountain machine makes the equivalent of 422 cans of energy drink per bag.
About Fuego Enterprises, Inc.:
Fuego Enterprises, Inc. is a diversified holdings company with operations in
media and entertainment, telecommunications, and other industries currently
under development. Fuego Entertainment is based in the U.S. with a focus on
Latin markets and the potential to enter trade with Cuba once restrictions are
lifted. For more information, please visit Fuego Enterprises at
www.fuegoentertainment.net
This press release contains statements, which may constitute forward-looking
statements within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act
of 1995. Those statements include statements regarding the intent, belief or
current expectations of Fuego Enterprises, Inc., members of their management,
and assumptions on which such statements are based. Prospective investors are
cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking statements.
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CONTACT: Fuego Enterprises, Inc.
Investor Relations
Dan York
214 675-2531
ir@fuegoentertainment.net
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