REEDS, Inc. REED Archives

TuesdayJun 19, 2007 9:54 am

The Shares of Reeds, Inc. (REED.OB) Soar Up 11.85 Percent Today on Solid Volume of 63k Shares Traded, as Company Completes Financing

Reed's, Inc. (REED.OB) reports that it has closed on approximately $4.3 million of additional subscriptions from accredited investors in connection with the completion of a $9.0 million private placement of its restricted securities. The Company closed on subscriptions for approximately $4.7 million of its restricted securities in June 2007, bringing the total amount raised to $9.0 million in the private placement. Proceeds from the private placement will be used to fund growth initiatives, as well as for general corporate and working capital purposes. Christopher Reed, Founder and CEO of Reed's, Inc., stated, "We are thrilled by the level of interest…

TuesdayJun 19, 2007 4:55 am

Reed’s, Inc. (REED.OB) Completes $9 Million Capital Raise

Reed announced today that it has finished collecting approximately $4.3 million in additional subscriptions from accredited investors. In June of 2007, the company closed on subscriptions approximately amounting to $4.7 million. These two amounts total to $9.0 million. APS Financial Corporation, Texas-based securities and investment banking firm, was instrumental in connecting Reed with the financing. The funds from the private placement will be used to grow the company and for general corporate and working capital purposes. The Founder and CEO of Reed’s, Inc., Christopher Reed, stated, “We are thrilled by the level of interest the capital markets have demonstrated in…

MondayJun 11, 2007 1:20 pm

Reed’s Inc. (REED.OB) Products Take Top Honors for Authentic Taste and Natural Ingredients

Reed's, Inc. (REED.OB), reports that one of its beverages is the number one sugar and fructose sweetened soda brand in the natural channel, beating out international brand names like San Pelegrino and Orangina. According to SPINS, a market research and consulting firm for the natural products industry (SPINSscan Natural, 52 Weeks Ending 4/21/07), Reed's Ginger Brew Extra is the top selling sugar and fructose sweetened soda item in the natural products industry, within the United States, followed by Virgil's Root Beer, Reed's Ginger Brew Premium and Reed's Ginger Brew Original - all Reed's, Inc. products. Not only did Reed's and…

FridayJun 08, 2007 6:16 am

SPINS Ranks Five of Reed’s, Inc. (REED.OB) Products in the Top 10

Reed’s is now the number one sugar and fructose sweetened soda brand in the natural channel. The market research and consulting firm for the natural products industry found Reed’s Ginger Brew Extra to be the top selling sugar and fructose sweetened soda item in the United States natural products industry. Virgil’s Root Beer, Reed’s Ginger Brew Premium and Reed’s Ginger Brew Original were also listed in the top spots. This is a significant accomplishment as 600 other sodas were rated. Chief Executive Officer and President of Reed’s, Chris Reed, stated, “As more and more consumers become aware of what their…

MondayJun 04, 2007 6:12 am

Reed’s Inc. (REED.OB) Plans Business Ramp Up, With New Funding Proceeds

Reed's, Inc. (REED.OB) reports that it has closed on approximately $4,671,000 of subscriptions to accredited investors in connection with a private placement of its restricted securities. Proceeds from the private placement will be used for general corporate and working capital purposes. Christopher Reed, Founder and CEO of Reed's, Inc, stated, "We have made tremendous strides since our IPO in December of 2006 and this financing provides us with the additional capital resources necessary to expand our growth strategy. Specifically, we will utilize the proceeds to ramp our sales force expansion efforts, increase our marketing programs and further invest in our…

MondayJun 04, 2007 4:55 am

Reed’s, Inc. (REED.OB) Announces $4,671,000 Capital Raise Through Private Placement

Reed’s announced that it has raised approximately $4,671,000 through a private placement of its restricted securities to accredited investors. The company plans to use the proceeds for general corporate and working capital purposes. The CEO and Founder of Reed’s, Christopher Reed, stated, “We have made tremendous strides since our IPO in December of 2006 and this financing provides us with the additional capital resources necessary to expand our growth strategy. Specifically, we will utilize the proceeds to ramp our sales force expansion efforts, increase our marketing programs and further invest in our infrastructure to meet the growing demand for Reed's…

FridayJun 01, 2007 4:41 am

Reed’s, Inc. (REED.OB) is Committed to Bringing Consumers Healthy and Better Tasting Drinks

Reed’s is motivated to introduce new and exciting products, because of the growing research supporting the many health benefits of ginger. The CEO of the company, Chris Reed, is excited to see the scientific community taking interest in ginger’s health giving attributes. The growing research was the primary catalyst which gave Chris Reed the initiative to give up his career as a chemical engineer in order to begin Reed’s Inc. Reed’s goal is to revive the old-fashioned brewing art by making their products with the same wholesomeness and quality they did back then. Instead of using refined sugars, artificial colors,…

ThursdayMay 31, 2007 9:43 am

Reed’s, Inc. (REED.OB) – Ginger is a Hit with Many Top Publications

For thousands of years ginger has been used as a spice and medicine in Asian cultures, and today it comes in many different forms. Its distinctive flavor has made it a favorite for countless years. In April of last year, Forbes recognized ginger’s potency after a new study found that ginger can eliminate ovarian cancer cells. Not only does it eliminate the cells, but it also may keep them from reappearing. Natural Health listed Ginger twice in its report, “The 55 Best Herbal Remedies”. It ranked in 19th place for preventing nausea, and in 20th for preventing morning sickness. Parenting wrote…

WednesdayMay 30, 2007 5:25 pm

Reed’s, Inc. (REED.OB) Sets itself Apart from the Rest of the Industry With its Unique Ingredients

Reed’s Ginger Brews are the only soft drinks available in the nation which uses the highest quality fresh ginger root, spices and fruits to brew its ginger ales in the same way soft drinks were created 200 years ago. The Journal of Nutrition found Ginger to be an extremely powerful anti-oxidant, ranking among the world’s top five best sources. The study analyzed various fruits, berries vegetables, cereals, nuts and legumes to reach its conclusion. Let us hear your thoughts below:

TuesdayMay 29, 2007 9:27 am

My Wife Thought I was Drinking a Certain Nameless Green Bottled German Beer, but I wasn’t – I was Drinking Something Better from Reed’s Inc. (REED.OB)

I decided to enjoy “One of Life’s Little Pleasures” recently, as I visited my local gourmet grocery; HEB’s Central Market in Plano, TX. When visiting the soda aisle, I purchased my first ever 4 pack of Reed’s Premium Ginger Brew, the all natural Jamaican style Ginger Ale. I was very impressed. The bottle opened with nice fizz and the flavor was awesome; subtle yet bold with 17 grams of fresh ginger per bottle. The product tastes nothing like, what I might call, commercial ginger ales on the market. The packaging is very distinctive as well. My wife even thought I…

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