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Organic
Alliance, Inc. (Pink Sheets: ORGC)
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NEWS ** UPDATE ** NEWS
Organic Alliance Inc. (Pink Sheets:ORGC)has issued several
significant news releases over the past several trading days. Among them,
completion of a major acquisition, filing to list on the OTCBB and establishment
of its Certified Origin™ program, to inspect and certify produce that meets
organic growing and production standards.
See Breaking News From Organic
Alliance Below
View
our StockUpTicks profile on Organic Alliance HERE
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Recent *NEWS*
From Organic Alliance, Inc. |
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Press Release
Source: Organic
Alliance, Inc.
Wednesday January
14, 2009, 10:00 am EST
Organic Alliance Launches Traceability
Program with HarvestMark
On-demand access to harvest data
underscores rigorous food safety and growing practices and delivers new
levels of information across the supply chain
REDWOOD CITY, Calif.--(BUSINESS
WIRE)--YottaMark, Inc., the leader in traceability and authentication
solutions, today announced that the Organic Alliance, Inc. (OTC:ORGC -
News) has selected HarvestMark® for its traceability program. A leader
in the supply of certified organic products, Organic Alliance will incorporate
HarvestMark as part of its Certified Origin™ program that combines in-person
inspection and certification by food technologists with on-demand traceability
to assure buyers that their products meet or exceed all organic growing
and production standards.
View the entire news
release HERE
Press Release
Source: Organic
Alliance, Inc.
Tuesday January
13, 2009, 8:15 am EST
Organic Alliance,
Inc. Files Application to List Its Securities for Quotation on the Electronic
Bulletin Board
On December 31st Organic
Alliance Became Qualified to Apply Its Shares to Trade
on the Over-the-Counter
Bulletin Board
SALINAS, Calif.--(BUSINESS
WIRE)--Organic Alliance, Inc. (Pink Sheets: ORGC), announced today
that it had filed an application to have its common stock quoted for trading
on the Electronic Bulletin Board. The Company has been subject to
the reporting requirements of the Securities Exchange Act since its S-1
registration statement was declared effective by the SEC on December 31,
2008. In addition, due to the global nature of our business we may in the
future seek to trade on other exchanges such as the Hong Kong Exchange
and the Toronto Stock Exchange.
View the entire news
release HERE
Press Release
Source: Organic
Alliance, Inc.
Monday January
12, 2009, 9:15 am EST
Organic Alliance Announces the Opening
of Its Global Headquarters in
Salinas, California, Known as the
Salad Bowl of the World
The Move Was Caused
by the Recent Acquisition Of AvocadoMan With Sales of $12,000,000 in 2007
and Will at Least Double Those Sales in 2008. The Opening of Its Global
Headquarters in Salinas Will Position the Company in the Middle of an Economy
Dominated by an Agriculture Producing Strawberries, Lettuce, Tomatoes,
Artichokes and Other Crops. In Addition, OAI Has Now Opened a Sales and
Marketing Office in Montreal, Canada.
SALINAS, Calif.--(BUSINESS
WIRE)--Organic Alliance, Inc. (Pink Sheets: ORGC - News), a global
supplier of a wide-ranging list of branded organic products, celebrates
the announcement of the opening of its worldwide headquarters in Salinas,
California. The company operations are managed by its new President, Parker
Booth, an industry veteran who has 15 years of international transportation
experience as well as nearly 15 years of produce industry experience. Most
recently Booth was VP Food Service sales for Fresh Express (Salinas, Ca.)
and President of Ace Tomato and Delta Pre-Pack (Manteca, Ca.).
View the entire news
release HERE
Press Release
Source: Organic
Alliance, Inc.
Thursday January
8, 2009, 6:30 am EST
Organic Alliance Completes the Acquisition
of AvocadoMan Brand. In 2007, the AvocadoMan Brand Generated $12,000,000
in Top Line Revenue and Has Tracked
Twice That Rate in 2008
Organic Alliance just received a
future revenue windfall from ongoing shortages of Avocados grown in California
and Chile, primarily caused by weather conditions (Packer - Dec. 17, 2008).
This article indicated that California production will be the lowest in
two decades. Chile is projected to be down 40%. These shortages will allow
the AvocadoMan
rollout in the US and other markets
to fill the Avocado shortfall from AvocadoMans
ample Mexican avocado supplies.
SAN ANTONIO--(BUSINESS
WIRE)--Organic Alliance, Inc. (Pink Sheets: ORGC - News), announced
today the successful completion of the acquisition of the AvocadoMan™ brand
business from American Eagle Transport LLC (AET), Montreal, Canada. The
agreement gives Organic Alliance, Inc. control of the brand and begins
with shipments January 5, 2009. These will be the first revenue generated
by the company to date. AvocadoMan™ Revenues for 2008 will more than double
the $12,000,000 generated in 2007 according to the brand’s former senior
executive Stavros Daskos. The AvocadoMan™ products are grown and certified
organic from Mexico under the AvocadoMan™ label and sold into retail grocery
stores and food service markets primarily in Canada. The agreement ensures
that all avocados grown and packed for the company internationally are
AvocadoMan™ brand as evidence of high quality fully certified organic products.
Organic
Alliance completes the acquisition of AvocadoMan(TM) brand. Last year,
the AvocadoMan(TM) brand generated $12,000,000 in top line revenue and
has tracked twice that rate in 2008
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View the entire news
release HERE
Company Contacts:
Organic Alliance, Inc.
For Investment relations,
contact:
Sarahjane Reil, 210-826-8900,
ext. 225
or
For marketing information,
contact:
Parker Booth, President,
831-596-0088
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About Organic Alliance Inc. |
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a
"An
alliance is an agreement between two or more parties,
made
in order to advance common goals and to secure common interests."
Organic Alliance Inc., ("Organic Alliance""OA""ORGC") The primary
business of Organic Alliance, Inc. is to arrange trades between farmers,
co-ops and other growers of various organic crops to OA customers internationally.
The HALLMARK of Organic Alliance is top quality, safe tested
and certified organic at the source.
Leading an exceptional management team is Tom Morrison, past CEO of
Superior Farming, at one time the largest organic farming company in the
world; Jim Haworth, CEO of China’s Lotus Super Centers, and recently, EVP
at WalMart; and Alicia Kreise an experienced international marketing
executive and former partner of Austin-based GSD&M. Additionally,
Bill Gallagher, a seasoned senior business leader with a wealth of food
experience has joined the company's advisory board.
"We will serve primarily two industry
groups," says Morrison.
"U.S. consumer goods manufacturers
such as Kraft, Unilever, Sara Lee and Kellogg’s
and the retail grocery industry
with firms such as Kroger, Costco and Safeway in the U.S.
and global organizations like Lotus
Super Centers operating in China."
OA-sourced products easily meet or exceed the recent European and Asian
traceability and labeling regulations. Organic Alliance is dedicated to
providing quality food essentials that are environmentally friendly and
safe.
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Soybeans Wheat and
Grains Edible Oils Meals and Grits
Flours Vegetables Fruits Livestock
"Our philosophy at Organic Alliance
is relatively simple," says Tom Morrison of OA. "We will only deliver to
our customers organic foods that meet our high certification standards.
We help ensure this by staying very involved in our suppliers’ soil care
initiatives and post-harvest crop rotation strategy."
In addition to food safety and environmental responsibility, Organic
Alliance and its affiliated growers and alliance members are dedicated
to yield and cost control, helping educate farmers about market
availability and bulk supply purchasing. OA is using a strict and formal
selection process to ensure only the most experienced and capable suppliers
will be part of their supply network.
OA is dedicated to beating any
given supply gap with the latest crop information from specific climates,
encouraging better product protection, and advising its alliance members
on merchandising support and point-of-sale materials.
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The Organic Marketplace |
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Agricultural Plots and Hectares
from the Air
A
hectare is a unit of area equal to 10,000 square metres.
An
acre is approximately 40% of a hectare.
Organic farmland is distributed across the globe, but the markets are
strongest in North America and Europe, which as of 2001 are estimated to
have $6 and $8 billion respectively of the $20 billion market. Austral-asia
has 39% of the total organic farmland with Australia's 11.8 million hectares,
but 97 percent of this land is sprawling range land, which results in total
sales of approximately 5% of US sales. Europe has 23 percent of total organic
farmland (6.9 million hectares), followed by Latin America with 19 percent
(5.8 million hectares). Asia has 9.5 percent while North America has 7.2
percent. Africa has a mere 3 percent.
Besides Australia, the countries with the most organic area include
Argentina (3.1 million hectares), China (2.3 million hectares), and the
United States (1.6 million hectares). Much of Argentina's organic farmland
is pasture, like Australia. Italy, Spain, Germany, Brazil, Uruguay, and
the UK follow the United States by the amount of land managed organically.
As of 2001, the estimated total market value of certified organic products
was estimated to be $20 billion. By 2002 this was $23 billion and by 2005
$33 billion, with Organic Monitor projecting sales of $40 billion in 2006.
The change from 2001 to 2005 represents a compound growth of 10.6 percent.
In recent years, both Europe and North America have experienced strong
growth in organic farmland. Each added half a million hectares from 2004
to 2007, for the U.S. this is a 29 percent change.
 
Some examples of large company organic brand commitments
are:
Coke- Odwalla, M&M Mars-Seeds
of Change, Pepsi-Tostito Organic, Tyson-Natures Farm, Con Agra-Hunt’s Organic,
Lightlife, Orville Redenbacher’s Organic, Dole-Dole Organic, Cargill-French
Meadow, Cadbury Schweppes Nantucket Nectars Organic, Green & Blacks,
General Mills-Cascadian Farms, Muir Glen, Gold Medal Organic, Sunrise Organic,
Danone-Stonyfield Farm, Unilever-Ragu Organic, Ben & Jerry’s Organic,
Kellogg-Morningstar Farms Natural, Kashi, Dean Foods-Horizon, Alta Dena,
The Organic Cow of Vermont Kraft Foods-Back to Nature, Boca Foods, Heinz-Heinz
Organic, Hain Celestial, Earths Best, Nile Spice, Farm, Foods, Garden of
Eden, DeBolee’s, Arrowhead Mills, Health Valley, Breadshop, Casbah, Imagine
Rice Dream Soy, Celestial Seasonings.
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Other Recent NEWS from Organic Alliance |
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Organic Alliance Inc. (Pink Sheets:ORGC) just received a future revenue windfall from ongoing shortages of Avocados
grown in California and Chile, primarily caused by weather conditions (ThePacker.com
- Dec. 17, 2008). This article indicated that California production
will be the lowest in two decades. Chile is projected to be down 40%. These
shortages will allow the AvocadoMan rollout in the US and other markets
to fill the Avocado shortfall from AvocadoMans ample Mexican avocado supplies.
Press Release Source:
Organic Alliance, Inc.
Tuesday December
30, 9:15 am ET
ORGC Finishes up First Year of Business
with All of Its Targets Completed
SAN ANTONIO--(BUSINESS
WIRE)--Organic Alliance, Inc. (Pink Sheets: ORGC), concludes its first
year of biz with all of its initial targets completed. 1) Public Trading
begins. 2) Initial funding completed. 3) Adopted utilization of GS-1 tracking
technology. 4) Grower sourcing set up in Guanajuato and Morella Mexico.
5) Developed a marketing alliance with the largest organic beef ranch in
the US. 6) Formed an advisory board with seven of the top MDs in the US.
7) Set up our California office to be run by our new President, Parker
Booth with 30 years top level management experience in the business. 8)
Entered into a letter of intent to acquire AvocadoMan, a Canadian/Mexico
venture that according to its management had revenues in excess of $12
million last year.
Additionally the company
is taking steps toward qualification for a listing on the OTCBB. “We are
very proud of our achievements over the past year. While 2008 certainly
had its challenges, we pressed on and our efforts are being rewarded,”
said Tom Morrison, CEO and chairman of OAI. “We will take full advantage
of the momentum of achievement and success that we have built as we look
forward to another great year in 2009.” MORE
Press Release Source:
Organic Alliance, Inc.
Wednesday October
8, 9:15 am ET
Letter of Intent Outlines Proposed
Agreement to Transfer to
Organic Alliance the 'AvocadoMan'
Brand
AvocadoMan management stated
the brand generated 12 Million in gross revenue last year
SAN ANTONIO, Texas,
Oct. 8 /PRNewswire-FirstCall/ -- Organic Alliance, Inc. (Pink Sheets: ORGC
- News), announced today that it has signed a letter of intent with
American Eagle Transport LLC today to transfer to it the AvocadoMan Brand.
Upon execution of a definitive agreement, Organic Alliance will take control
of the brand and begin selling AvocadoMan produce to customers. The brand
will require a new injection of capital by Organic Alliance in order to
continue the current revenue base. As consideration for the brand the Company
has agreed to finance all purchases and split all profits on AvocadoMan
transactions. Firm arrangements for this financing are not yet complete.
We are also very pleased
to announce that Josh Insogna has joined OAI as our Vice President Sales
for Canada. Josh has spent the last four years with AET in sales and logistics
management and will be a valuable addition to OAI. Josh will continue to
call on his same customers and will also be responsible for building sales
in the marketplace.
"AvocadoMan is a well
established organic brand that is currently in stores across Canada. Last
year the Avocado Man brand generated 12 million dollars in revenue and
the brand is currently tracking more than two times last year's revenues,"
according to the brand's Senior Executive, Stavros Daskos. MORE
Press Release Source:
Organic Alliance, Inc.
Thursday September
25, 9:15 am ET
Organic Alliance, Inc. Plans to
Have USDA Certified Grass Fed Organic Beef
Available to Customers This Fall
Doctors State That Grass Fed
Organic Beef Eliminates Refined
Carbohydrates and Poor-Quality
Meats in Diets
SAN ANTONIO, Texas,
Sept. 25 /PRNewswire-FirstCall/ -- Organic Alliance, Inc. (Pink Sheets:
ORGC - News), announced today that USDA Certified Grass Fed Organic
Beef will be available to OAI customers this fall. Grass fed Organic Beef
has up to three times the Amino 3 levels vs. Corn Fed Beef, which is much
better for the consumer's digestive track.
The modern meat-centered
diets of the wealthy nations feature highly processed foods and feedlot
animals replete with chemicals, hormones, and antibiotics. Specifically,
organics have a different mix of fats, with far more of the omega-3 fatty
acids that help keep arteries clean, maintain modest body weight, and build
the immunity system. Benefits of organic beef eliminate refined carbohydrates
and poor-quality meats in diets. MORE
Press Release Source:
Organic Alliance, Inc.
Monday August
11, 8:15 am ET
Organic Alliance, Inc. Has Entered
Into a Preliminary Agreement With Avocadoman S.A. to Install GS1 System
in Their Avocado Groves in Mexico
SAN ANTONIO, Texas,
Aug. 11 /PRNewswire-FirstCall/ -- Organic Alliance, Inc. (Pink Sheets:
ORGC - News), with plans to be a world leader in sales and marketing
of USDA certified organic products, announced today that it has agreed
to implement the GS1 System to track its produce in order to improve traceability
and consumer safety.
GS1 is a global organization
with an integrated system of standards that provides accurate identification
of products and locations through the use of standards, barcodes and Electronic
Product Code/Radio Frequency Identification (EPC/RFID) tags. The GS1 System
can play a vital role in product recalls, because it enables product traceability.
GS1 standards make traceability systems possible on a global scale across
the supply chain.
The U.S. organic industry
grew 21% to reach $17.7 billion in consumer sales in 2006 yet consumers
are increasingly more concerned about the origin and safety of produce
due to food recalls and produce warnings. "Utilizing the GS1 System, we
have the ability to not only track our produce back to the farm of origin,
but all the way down to the actual row on which it was grown. The rapid
growth of the organic industry makes an effective tracking system on the
produce a necessity and we are pleased to take this leadership role through
our initial agreement with GS1," said Tom Morrison, chief executive officer
of Organic Alliance, Inc. "Consumers should be confident that their food
is not contaminated. They should not have to fear eating foods because
of national recalls, and at Organic Alliance, we want to offer our consumers
timely information when recalls happen. This is also beneficial for farmers
and the FDA because the GS1 product labels and technology expedite tracking,
quickly isolating the problem to a specific farm and clearing other safe
products." MORE
Press Release Source:
Organic Alliance, Inc.
Tuesday August
5, 6:33 pm ET
Organic Alliance to Introduce GS1
Technology for Organic Produce Ensuring
Tracing and Accountability
GS1 system enables global tracing
and accountability of organic produce pinpointing the farm and even the
row on which it was grown
SAN ANTONIO and BAKERSFIELD,
Calif., Aug. 5 /PRNewswire-FirstCall/ -- Organic Alliance, Inc. (Pink Sheets:
ORGC - News), with plans to be a world leader in sales and marketing
of USDA certified organic products, announced today that it has agreed
to implement the GS1 System to track its produce in order to improve traceability
and consumer safety.
GS1 is a global organization
with an integrated system of standards that provides accurate identification
of products and locations through the use of standards, barcodes and Electronic
Product Code/Radio Frequency Identification (EPC/RFID) tags. The GS1 System
can play a vital role in product recalls, because it enables product traceability.
GS1 standards make traceability systems possible on a global scale across
the supply chain.
The U.S. organic industry
grew 21% to reach $17.7 billion in consumer sales in 2006 yet consumers
are increasingly more concerned about the origin and safety of produce
due to food recalls and produce warnings. "Utilizing the GS1 System, we
have the ability to not only track our produce back to the farm of origin,
but all the way down to the actual row on which it was grown. The rapid
growth of the organic industry makes an effective tracking system on the
produce a necessity and we are pleased to take this leadership role through
our initial agreement with GS1," said Tom Morrison, chief executive officer
of Organic Alliance, Inc. "Consumers should be confident that their food
is not contaminated. They should not have to fear eating foods because
of national recalls, and at Organic Alliance, we want to offer our consumers
timely information when recalls happen. This is also beneficial for farmers
and the FDA because the GS1 product labels and technology expedite tracking,
quickly isolating the problem to a specific farm and clearing other safe
products."
About GS1:
GS1 is a leading global
organization dedicated to the design and implementation of global standards
and solutions to improve the efficiency and visibility of the supply and
demand chains globally and across sectors. The GS1 System of standards
is the most widely used supply chain standards system in the world. For
more information on GS1, please visit: http://www.gs1.org. MORE
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Financial Information for Organic Alliance |
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(Pink Sheets:
ORGC)
Authorized Shares: 60,000,000 as of May
13, 2008
Oustanding Common: 13,000,000 (proforma)
Float: 800,000 as of May 23, 2008
Warrants to purchase one share of common stock (proforma)
A Warrants – 2 million at exercised price of $1.00
B Warrants – 2 million at exercised price of $1.00
C Warrants – 2 million at exercised price of $1.00
Debt:
No Debt as of May 23, 2008
See audited financials on Pink Sheets.com
aa
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Company Contact |
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Sarahjane G. Reil, Corporate Assistant
40 Birchwood Dr.
Princeton, NJ 08540
Phone: (210)
826-8900 X225
Fax: (210) 826-8906
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