New 52-Week High: $2.915
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News Also Out for Clearly Canadian
Clearly Canadian Beverage Corporation (OTCBB: CCBEF)
Dr. Robert Valuk Announces the Addition of Clearly Canadian to his Hidden Values and Fallen Angels Portfolio
KENSINGTON, CT May 30, 2006 — DR. ROBERT VALUK, one of the nation’s most respected names in value stock investments, has added Clearly Canadian Beverage Corporation (OTCBB: CCBEF) to his Hidden Values and Fallen Angels Portfolio for 2006—2007.
Dr. Robert Valuk is the editor of the value-based, conservative newsletter The Financial Report Card and the developer of the Market Cycle investment formula. His formula strategies for determining timely shifts in the market have increased his subscribers’ investments by as much as 50% in the last 24 months.
Now, Dr. Valuk has announced his strong recommendation for Clearly Canadian, a $2.87-a-share stock and a one-time leader in “vogue” beverages.
Dr. Valuk identified a variety of reasons for his recommendation, including new management, a newly appointed advisory board and members of the board of directors with extensive experience in the beverage business. He also cited the launch of new products that included the new reformulation of its original drinks, as well as the introduction of an oxygenated sports water drink.
According to Valuk, “While the company is not currently showing profits, their revenues have increased 33% over April figures for 2005, and their private-label beverage business was up 147% in the 6 months ending March 2006.”
A new marketing strategy also looks promising with a plan to make the company profitable by 2007. Given the current revenue growth, Dr. Valuk believes Clearly Canadian can reach its goals.
Considering its current price and the strong possibility for earnings in 2007, Dr. Valuk is estimating a 1-year target price of $5 a share. However, he goes on to say that his own estimate may be too conservative and if the management team can convert the marketing strategies and anticipated revenue growth to “bottom-line” profits, a price of $10 in 24 months may be possible.
To learn more about the potential of this value stock, Dr. Valuk recommends visiting Clearly Canadian’s website at www.clearly.ca, or calling their Investor Relations office at 1-800-983-0993.
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as “expects”, “intends”, “plans”, “may”, “could”, “should”, “anticipates”, “likely”, “believes”, “estimates”, “potential”, “predicts”, “continue” and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company’s ability to raise additional debt and/or equity financing to fund operations and working capital requirements, the Company’s analysis of its current and future sales and sales trends, its product distribution systems, as well as anticipated changes thereto, the Company’s expectations regarding the effects of its restructuring efforts and changes to its product distribution, promotional and marketing activities and the potential benefits of such changes, efforts and activities on its results of operations in future periods. Actual results may differ materially from those currently anticipated due to a number of factors including, but not limited to, general economic conditions, changing beverage consumption trends of consumers, the Company’s ability to generate sufficient cash flows to support general operating activities and capital expansion plans, competition, pricing and availability of raw materials, the Company’s ability to maintain the current and future retail listings for its beverage products and to maintain favorable supply, production and distribution arrangements, laws and regulations and changes thereto that may affect the way the Company’s products are manufactured, distributed and sold and other factors beyond the reasonable control of the Company. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission and with the British Columbia and Ontario Securities Commissions.
About Clearly Canadian
Based in Vancouver, B.C., Clearly Canadian Beverage Corporation markets premium alternative beverages and products, including Clearly Canadian® sparkling flavored water and Clearly Canadian O+2® oxygen enhanced water beverage, which are distributed in the United States, Canada and various countries. Since its inception, the Clearly Canadian brand has sold over 90 million cases, equating to more than 2 billion bottles worldwide. Additional information about Clearly Canadian may be obtained on the World Wide Web at www.clearly.ca.
About The Financial Report Card newsletter
Every month The Financial Report Card newsletter provides subscribers with value based model portfolios that feature a variety of conservative investments—from low-priced growth stocks to mutual funds. The Report Card also offers an extensive High Yield Income Portfolio. The Financial Report Card includes timely articles relating to the economy, the market and taxes as well as urgent buy-hold-sell recommendations on all its portfolios.
THE FINANCIAL REPORT CARD
___________________________________
Dr. Robert M. Valuk, Editor and Publisher
For further information on The Financial Report Card, contact:
MDR Informational Services, Inc.
PO Box 7173
Kensington, CT 06037
1-800-793-5686
www.mdrinf.com
For more information on Clearly Canadian,
call Clearly Canadian Investor Relations at:
1-800-983-0993
investor@clearly.ca
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