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Clearly Canadian Beverage Corporation (OTCBB: CCBEF) |
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Breaking News: Clearly Canadian Beverage Corp. Rated 'Outperform,' Target $6.00 by Beacon Equity Research
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Please review our April 18th StockUpTicks Profile on CCBEF HERE
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*BREAKING* News From Clearly Canadian |
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Press Release Source: Clearly Canadian Beverage Corporation
Monday July 31, 6:06 am ET
Clearly Canadian Beverage Corp. Rated 'Outperform,' Target $6.00
by Beacon Equity Research
DALLAS--(BUSINESS WIRE)--July 31, 2006--Clearly Canadian Beverage Corp. (OTCBB: CCBEF - News) has been rated "Outperform" with a target price of $6.00 by Beacon Equity Senior Research Analyst, Lisa Springer, CFA.
The full report is available at http://www.BeaconEquityResearch.com.
In the report, Ms. Springer writes, "Clearly Canadian is currently in the process of re-launching its flagship brand of sparkling flavored water. The Company is reintroducing four of the original flavors along with two new zero calorie/zero carbohydrate choices. Since 1988, Clearly Canadian has built an impressive product line consisting of several award-winning, premium beverages targeted at the competitive, alternative beverage market.
"Clearly Canadian operates in a highly competitive alternative beverage market. Because of the high margins associated with this segment, large numbers of companies are introducing new health conscious drinks in an attempt to gain market share. Clearly Canadian faces competition from National Beverage Corp. (NYSE: FIZ - News), Cott Corp. (NYSE: COT - News), Jones Soda Company (Nasdaq: JSDA - News) and Hansen Natural (Nasdaq: HANS - News) as well as other competitors."
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Clearly Canadian Beverage Corp. (CCBEF). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has been compensated thirty-thousand dollars Level 3 Research for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Anyone interested in receiving alerts regarding Clearly Canadian Beverage Corp. research should email members@beaconequityresearch.com with "CCBEF" in the subject line.
Contact:
Beacon Equity Research
Jeff Bishop, 469-252-3035
editor@beaconequityresearch.com
www.BeaconEquityResearch.com
or
Clearly Canadian Beverage Corporation
Steve Cook, 800-983-0993
E-mail: investor@clearly.ca
Source: Clearly Canadian Beverage Corporation
About Beacon Equity Research:
Beacon Equity Research is committed to producing the highest-quality investment research, and helping investors make informed decisions. Our focus is primarily on the underserved small cap market, which has traditionally been shunned by Wall Street. We have no investment banking or consulting relationships with the companies we cover, removing an inherent conflict of interest typically found in most research firms. The companies we feature have agreed to enroll in our research program for a set period and have also agreed to pay an upfront fee to defray the costs of research, publishing and distribution. Our analysis and conclusions are therefore made independently from outside pressures. We seek to explore every pertinent aspect of a company's business and make investors fully aware of the potential risks and rewards involved with the company's stock. All of our reports are co-authored and approved by a Chartered Financial Analyst (CFA), one of the most prestigious designations in the securities industry. As a CFA holder, our analysts are bound by the AIMR code of ethics which state (from the AIMR handbook):
Members of the Association for Investment Management and Research shall:
1. Act with integrity, competence, dignity, and in an ethical manner when dealing with the public, clients, prospects, employers, employees, and fellow members.
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4. Use reasonable care and exercise independent professional judgment.
This stringent set of requirements assures investors that they are receiving unbiased and factual research.
View ALL the Latest BREAKING NEWS From CCBEF here
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About Clearly Canadian |
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Since 1988, CLEARLY CANADIAN BEVERAGE CORPORATION ("CCBEF") has manufactured and marketed 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 numerous other countries.
Since its inception, the Clearly Canadian brand has sold over 90 million cases equating to over 2 billion bottles worldwide. Clearly Canadian sparkling flavored water features half the carbohydrates and only 45 calories per 8 oz serving. The sparkling waters also boast of all natural flavors and no preservatives in keeping with healthier diet trends without sacrificing the same great taste experience that Clearly Canadian consumers have come to expect.
Clearly Canadian enjoys an 80 percent brand recognition in the US on its flagship Clearly Canadian brand and recently announced a system-wide distribution agreement with Dr. Pepper/Seven Up Bottling Group, Inc., greatly increasing exposure and availability of Clearly Canadian products. Clearly Canadian includes private label business and co-branding in its revenue streams
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The Beverage Industry |
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$21 billion market for New Age beverages and growing
Today’s hottest market segment is undoubtedly “Alternative Beverages”, driven by a series of incredibly successful new product launches such as; Hansen’s “Monster” energy drink, Coca-Cola’s “Full Throttle”, and “Red Bull”. This industry segment has exploded into a $21 billion a year market, with worldwide appeal, that continues to grow at double-digit rates. More importantly, the astonishingly high margins on these drinks, which sell for $1.50 to $3.00 a can, are the catalyst to phenomenal returns in their parent company's stocks. For example Hansen’s (HANS) stock has skyrocketed from the $5 dollar level to $109, a 2000% return in just two years.
Clearly Canadian all but started this market segment 12 years ago with its launch of sparkling flavored waters, which were the first to fill the gap between full sugar sodas and low calorie diet drinks. Sales skyrocketed from zero to $187 million in three years; the stock moved from under $1 to over $27 before the Snapple’s of the world began to take chunks and chunks of market share.
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a“Getting a Boost and Going Organic”
After Clearly Canadian's re-launch of its core brand flavored waters in revamped updated packaging it plans to launch two innovative new product lines that should shake up both the energy drink and organic drink arenas.
“Clearly Canadian has great potential for a comeback.
This is one of the few times in my career that I have so
wholeheartedly gotten behind a Company with a brand name
that, to this day, remains so highly recognizable to consumers."
Jim Dines, The Dines Report. Chairman of The New Advisory Board at Clearly Canadian.
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Clearly Canadian Products |
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The new line-up is delivered in a clear, maple leaf-embossed bottle; features original, all natural, no preservative flavour formulas (offered in Cherry, Blackberry, Raspberry and Strawberry); a new zero calorie flavour formula (offered in Pink Grapefruit and Blueberry); and updated label graphics reminiscent of the product’s true heritage.
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Recent News From Clearly Canadian |
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Press Release Source: Clearly Canadian Beverage Corporation
Tuesday July 18, 9:00 am ET
Clearly Canadian Announces Completion of US $3.313M Financing
VANCOUVER, B.C.--(BUSINESS WIRE)--July 18, 2006--Clearly Canadian Beverage Corporation (OTCBB:CCBEF - News) announced today that it has completed a series of non-brokered private placements (the "Financing") for a total sale of 1,205,000 common shares of the Company with an aggregate purchase price of US $3,313,750.
Stated Brent Lokash, President of Clearly Canadian, "This financing is another significant step for the Company as we begin to expand marketing and sales efforts that will continue to re-establish the brand name Clearly Canadian." Mr. Lokash continued, "A solid financial foundation is essential to our discussions with top level retailers. It is imperative that we have the financial resources to execute on our production and delivery schedules to ensure ample and timely delivery of product to our customers."
In connection with the Financing, the Company is paying finders' fees by issuing warrants, vesting immediately and expiring in one year, to purchase 84,000 common shares at a purchase price of US $3.00 per share and paying cash of US $397,650, of which US $138,187.50 is being paid to BG Capital Group Ltd., a controlling shareholder of the Company. BG Capital is entitled to return its portion of the finder's fee to the Company, within one year, in return for being issued an equivalent amount in common shares based on a price of US $2.75 per share.
To read the entire release and disclaimer, Click Here
Press Release Source: Clearly Canadian
Tuesday July 11, 1:46 pm ET
Clearly Canadian Beverage Corp. President Brent Lokash to Do Live Online Radio Interview With Market News First (MN1.com): Wednesday July 12th @ 11:30 a.m. EST
Log In for a Full Update on This Wonderful Turnaround Story
VANCOUVER, BC--(MARKET WIRE)--Jul 11, 2006 -- Brent Lokash, President of Clearly Canadian Beverage Corp. (OTC BB:CCBEF.OB - News), will be Live on MN1.com on Wednesday, July 12, 2006, at 11:30 a.m. EST. Come and join the Market News First crew for an exclusive update on this company and how they acquired 2-time NBA MVP Steve Nash of the Phoenix Suns as part of their team. Listeners are encouraged to participate in the question and answer segment.
As well as corporate spokesperson, Steve Nash plans to play a significant role in supporting Clearly Canadian's recently announced support of the Global Water initiative. The Company is focused on building safe drinking water systems in Central and South American villages. The initiative, which commences this year with projects in Guatemala and Nicaragua, is designed to help developing nations access safe and clean water.
Clearly Canadian is making 2006 the company's comeback year in the Alternative Beverage market. With an extensive re-launch of the company's sparkling flavoured waters, better distribution through the Dr. Pepper/7UP system, planned new product launches, a strong new management team and cash in the bank -- Clearly Canadian is poised to re-establish its strong position within this rapidly growing $21 billion market.
Clearly Canadian Beverage Corp. markets alternative beverages and products, including Clearly Canadian sparkling flavoured water, and Clearly Canadian O+2 oxygen enhanced water beverage. These products are distributed in the United States, Canada and various other countries. To date, the Clearly Canadian brand has sold over 90 million cases -- amounting to over 2 billion bottles -- worldwide.
To read the entire release and disclaimer, Click Here
Press Release Source: Clearly Canadian Beverage Corporation
Tuesday June 27, 8:30 am ET
Phoenix Suns' Steve Nash Teams up with Clearly Canadian; NBA's Back to Back Most Valuable Player Accepts Pivotal Role in Corporate Turnaround Story
VANCOUVER, BRITISH COLUMBIA, June 27 /CNW/ - CLEARLY CANADIAN BEVERAGE CORPORATION (OTCBB: CCBEF - News) announced today that Steve Nash, two-time NBA Most Valuable Player, has entered into a worldwide product endorsement relationship with Clearly Canadian. This three-year exclusive agreement names Steve Nash as Clearly Canadian's official spokesperson and appoints Mr. Nash to the Clearly Canadian Advisory Board.
"I have been very selective about the companies I have had relationships with over the years," said Nash. "The Clearly Canadian relationship is a natural fit for me. Not only are we both from British Columbia, but it is a company with great products which I enjoyed while I was growing up in Canada. I was also drawn to Clearly Canadian because it is a company that understands its responsibility to give back to those less fortunate. I believe working together we can bring great exposure and results to the company's wonderful products and charitable initiatives."
To read the entire release and disclaimer, Click Here
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Financial Highlights For Clearly Canadian |
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Last Price $3.51 (07/31/06)
Ave. Volume 204,506 (3 mo. ave.)
52 Wk High $4.55 - 52 Wk Low $1.01
Market Cap: $27.3 m (approx)
Shares Outstanding: 7.8 m
The New Management Team has completed a corporate restructuring resulting in a clean balance sheet, significantly lower fixed administrative and infrastructure cost, improved operating margins, and long-term financing in place with BG Capital Group Ltd., a merchant banking firm.
one year chart - courtesy of BigCharts
To view the latest filings from Clearly Canadian on the SEC Web site, Click Here
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Clearly Canadian is a fully reporting company. FYE 12/31.
CLEARLY CANADIAN BEVERAGE CORPORATION is the registered holder of various trademarks, including CLEARLY CANADIAN®.
CLEARLY CANADIAN and its wholly owned subsidiaries, produce, distribute and market CLEARLY CANADIAN® and CANADIAN O+2®.
Shareholder Assistance, Registrar and Transfer Agent: Pacific Corporate Trust Company
Auditor UHY LDMB Advisors Inc. Chartered Accountants. Langley, British Columbia, Canada
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TO CONTACT CLEARLY CANADIAN |
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2267 10th Avenue
West Vancouver, BC, Canada V6K 2J1
Investor Relations
Steve Cook
USA and Canada: 800.983.0993
E-mail: investor@clearly.ca
Clearly Canadian Web site: www.clearly.ca
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