[Mono-bugs] Fw: STOCK MARKET BULLETIN: 7-Eleven Stores looking to add QENC bottled water
Harrison Schwartz
Harrison Schwartz" <iqzomosleffgcd@aol.com
Mon, 02 Feb 2004 17:38:20 -0100
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OTC FIRST ALERT - 2003 Third Quarter Net Income Rose 76.8%
Symbol: QENC
Market: OTC
Sector: High End Natural Bottle Water
BREAKING NEWS: JERICHO, N.Y., Jan 28, 2004 (BUSINESS WIRE) -- Queench, Inc=
(OTC: QENC) In Negotiations with 7-Eleven Stores for Nationwide Launch of =
Queench Products - 7-Eleven is looking forward to adding to their inventor=
y
various sizes of Queench water products. 7-Eleven has more than 4000 store=
s
nationwide. Each store consistently serves on average 1300 customers in a =
24-hour period, giving Queench products added exposure within their market=
share.
BREAKING NEWS: JERICHO, NEW YORK, Jan 20, 2004 (CCNMatthews) -- Queench, I=
nc.
(OTC: QENC) Board of Directors include Spencer Gillette, Chairperson - Vic=
e
President of Blimpie Corporation, Bill Ford - Owner of Ford Modeling Agenc=
y,
La-Van Hawkins - President of Hawkins Food Group, Curtis Martin - New York=
Jets All-Star Running Back...
BREAKING NEWS: Jan 8, 2004 -- QENC is now a full-time supplier of bottled=
water to the military. QENC today announced that it has completed inspect=
ion
and approval of its water bottling plants by the U.S. Army Veterinary Comm=
and
(VETCOM).
BREAKING NEWS: Nov. 13, 2003 -- QENC 2003 Third Quarter Net Income Rose 7=
6.8%.
The Third Quarter Net Income ending 9/30/03 increased 76.8% from the Q2, a=
nd a
987% increase year-to-year. Net income for the 9 months ending 9/30/03
resulted in a 1274% year-to-year increase.
Jim Furey of Lehman Brothers says, "You want to own small stocks versus la=
rge
stocks when economic growth is accelerating, which is exactly the period w=
e're
in now."
QENC is a small company perfectly poised to harness the $7.6 billion bottl=
e
water segment with a high quality premium brand priced competitively.
The bottled water segment is the fastest growing of the beverage market. =
Of
the $100 billion beverage industry, bottled water is nearly $7.6 billion
annually, and forecasted to grow over 50% over the next 5 years.
In this bottled water segment, QENC has the best of both worlds, where unl=
ike
Aquafina and Dasani, QENC is high-end natural spring water, and unlike Evi=
an,
QENC is competitively priced. QENC's target consumer is health and beauty=
conscious including Gen Y, Gen X, and Baby Boomers who live a metropolitan=
lifestyle.
QENC currently offers two fantastic product lines: Queech Natural Spring W=
ater
and the Queech Flavored Water Beverages, which are vitamin-enhanced and co=
me
in five cool new flavors: Coconut, O' Ginger, Red Raspberry, Pineapple and=
Lemon.
DISTRIBUTION AND MARKETING
Jan 28, 2004 QENC announced today that 7-Eleven is looking forward to addi=
ng
to their inventory various sizes of Queench water products. 7-Eleven has m=
ore
than 4000 stores nationwide. Each store consistently serves on average 130=
0
customers in a 24-hour period, giving Queench products added exposure with=
in
their market share.
QENC bottled water is nationally distributed through SYSCO FOODS. SYSCO F=
oods
is the largest food distributor operating 145 locations and has sales and =
service relationships with 420,000 customers including restaurants, health=
care
and educational facilities, lodging establishments, and more. This
relationship provides key access to new markets with low capital requireme=
nts.
Naomi Campbell's NC CONNECT integrated marketing agency, has signed to hel=
p
QENC reach national and global consumers by providing marketing and
advertising that will position QENC as a major lifestyle brand in the bott=
led
water market.
01/08/04: QENC completed inspection and approval of its plants by the US A=
rmy
Veterinary Command (VETCOM). QENC's been supplying the military contract =
in
the South and Florida and the Army has been increasing orders on a monthly=
basis, which will result in higher Q1 2004 revenue.
12/03/03: QENC's strategically placing new eye-catching vending machines i=
n
locations on college campuses, retail, entertainment and sports venues and=
convenience stores. 500 vending machines installed in initial rollout in =
2003
with approx. 2,500 vending machines to be installed in a 3-year period. Th=
e
beverage-vending channel is typically highly profitable.
FINAL CONSIDERATIONS
7-Eleven is looking forward to adding to their inventory various sizes of =
Queench water products.
12/03/03: QENC is currently shipping over 54,000 cases of bottled water
quarterly, with a year-to-date quarterly revenue growth rate of 19.7=
%
QENC's NET INCOME for the Q3 ending 9/30/03 increased 76.8% from the Q2, a=
nd a
987% increase year-to-year. Net income for the 9 months ending 9/30/03
resulted in a 1274% year-to-year increase.
QENC's SALES for the Q2 of 2002 increased 77% to $848,269 year-to-year, fr=
om
$478,052, as a result of rolling out new product lines and implementing a =
channel development strategy.
QENC's high quality premium water is priced very competitive, they have an=
excellent distribution channel with SYSCO and strategically placed vending=
machines, and a marketing campaign designed to focus on their target marke=
t.
For a young company QENC has made substantial accomplishments and is poise=
d to
harness their segment of the $7.6 billion bottle water industry.
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