Key Developments For National Beverage Corp.
National Beverage Corp. (FIZZ.O) (Nasdaq)
National Beverage Corp. Announces Ninth Circuit United States Court Ruling
National Beverage Corp. announced that the Ninth Circuit United States Court of Appeals quashed a lower court decision used by Hansen Beverage Company to try and control competition in the burgeoning energy drink business. The Ninth Circuit reversed an injunction entered last October that had blocked National from selling its product, FREEK. Although National Beverage redesigned its container and has been selling the newly-designed FREEK, the lower court's decision 'stopped' the dynamic product launch over the past several decades.
National Beverage Corp. Delisted From AMEX.
National Beverage Corp. announced that it has been delisted from the American Stock Exchange (AMEX). National Beverage Corp.'s common shares will be listed on the NASDAQ trading under the new ticker "FIZZ".
National Beverage Corp. Declares Dividend
National Beverage Corp. announced that its Board of Directors has declared a stock dividend of 20%, or an additional issue of one new share for five shares presently held. This dividend shall be payable on June 22, 2007, to shareholders of record at the close of business on June 4, 2007.
National Beverage Corp. and Jones Soda Co. Enter into Exclusive Distribution and Manufacturing Agreement
National Beverage Corp.: Jones Soda Co. announced that it has signed an exclusive five year distribution and manufacturing agreement with National Beverage for its 12 ounce cans of Jones Soda and 16 oz. Jones energy beverages for the entire US market. Jones will identify and secure retailers across the United States for its premium carbonated 12 ounce soft drinks and 16 ounce Energy drink products. Using concentrate supplied by Jones, National Beverage will both manufacture and sell on an exclusive basis the products directly to retailers starting in 2007.
National Beverage Corp. Introduces New Energy Beverage "Rip It"
National Beverage Corp. introduced a potent energy fuel for anyone looking for that extra 'boost'. Rip It and Rip It Lite energy fuels provide refreshing flavor with a tingle of extra energy. The Company plans a major rollout across the U.S. as national retailers begin deliveries in early September. Other regional retailers also will expect shipments at that time.
