SundayApr 01, 2007 3:43 pm

Soda Sales Up Over 10% at Reed’s Inc. (REED.OB)

The specialty beverage sector is a strong sector, with product sales at Reeds, Inc. up strongly. Reeds, Inc. (REED.OB) recently announced product sales for the fourth quarter and year ended December 31, 2006. For the quarter ended December 31, 2006, sales increased 10.1% to $2.6 million, from $2.3 million for the same period last year. For the year ended December 31, 2006 sales were $10.5 million, a 10.7% increase from $9.5 million for the prior year. Reed's, Inc. develops, manufactures, markets and sells innovative, all natural, non-alcoholic beverages, candies and ice creams. Its non-alcoholic Ginger Brews are unique in the beverage…

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ThursdayMar 29, 2007 8:28 am

Reed’s, Inc. (REED.OB) – Volume Picking up Significantly

Since the beginning of this week, interest in Reed’s has increased exponentially. In just two days 500,000 shares were traded. The dollar value equals approximately $2.5 Million dollars. This morning shares were $0.01 from reaching $7. This is a 19% increase from the previous 52 week high, which was set yesterday afternoon. In yesterday’s press release the company stated that they will begin offering diet versions of their soda products. The new diet line will allow them to reach a larger audience, expand their distribution network, and lead the company to higher growth figures for 2007 and beyond. Let us…

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WednesdayMar 28, 2007 4:51 am

Reed’s, Inc. (REED.OB) To Expand Their Soda Product Line

Before the bell, Reed’s announced that they will be launching diet versions of their Virgil’s Root Beer and Cream Sodas in the second quarter of 2007. The founder and CEO, Chris Reed, stated that he is extremely excited to announce the addition to the company’s existing lineup. He continued by saying that the new diet line will allow them to reach a larger audience, expand their distribution network, and lead the company to higher growth figures for 2007 and beyond. Flavors will include Virgil’s Cream Soda, Black Cherry Cream Soda and Root Beer; all sweetened with Splenda. Mainstream supermarkets and…

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FridayMar 09, 2007 2:03 pm

REEDS, Inc. (REEDS.OB) – Over 25,000 Shares Traded Today

REEDS, Inc. is clearly giving investors a good reason to invest in their company. Today it is up 7% on triple the volume compared to yesterday's performance. REED.OB continues to reach new heights for the month of March. REEDS, Inc. primarily develops, markets, and sells New Age beverages. As people tire of typical soft drinks, they turn to New Age beverages. New Age beverages are gaining market share as people think healthy and different. REEDS, Inc. meets this demand with their six unique flavors: Original Ginger, Extra Ginger, Premium Ginger, Raspberry Ginger, Cherry Ginger and Spiced Apple. REEDS, Inc. distributes…

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TuesdayMar 06, 2007 9:39 am

Reed’s Inc. (REED) is Well Positioned in the Beverage Segment as “New Age Beverages” Represent a Fast Growing Consumer Favorite

Reed's Inc. (REED) is well positioned with its product line, as high growth is expected to continue in the New Age Beverage category, due to rising consumer interest in more variety of taste alternatives. While traditional big name soft drink brands have always required expensive advertising and brand building, consumers are increasingly impulsive in their purchase choices, trending to purchases that are based on distinctive value added ingredients and taste. Long before modern soft drinks existed, people brewed their own beverages. In the Caribbean, home brewed ginger beverages are a part of life. Reed’s brews six carbonated and four non-carbonated…

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MondayMar 05, 2007 8:01 am

Demand for REEDS, Inc. (REED.OB) Products Increases, REEDS Responds by Adding New Staff

Today REED announced that they would higher 2 new regional sales professionals. Mr. Slepak will develop new business relationships and expand the 30 current business relationships on the East Coast. He has the experience required to expand REEDS. He has previously worked over 8 years in the beverage industry. Ms. Kliphardt will be working on the West Coast; her primary responsibilities will be managing the distribution network and expanding the company's mainstream retail opportunities. She is also well qualified and has worked with IZZE Sparkling Juice as a Division Sales Manager. Prior to working with IZZE she was an employee…

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