Bug#152152: Fw: STOCK MARKET BULLETIN: 7-Eleven Stores looking to add QENC bottled water
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 inventory
various sizes of Queench water products. 7-Eleven has more than 4000 stores
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, Inc.
(OTC: QENC) Board of Directors include Spencer Gillette, Chairperson - Vice
President of Blimpie Corporation, Bill Ford - Owner of Ford Modeling Agency,
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 inspection
and approval of its water bottling plants by the U.S. Army Veterinary Command
(VETCOM).
BREAKING NEWS: Nov. 13, 2003 -- QENC 2003 Third Quarter Net Income Rose 76.8%.
The Third Quarter Net Income ending 9/30/03 increased 76.8% from the Q2, and 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 large
stocks when economic growth is accelerating, which is exactly the period we're
in now."
QENC is a small company perfectly poised to harness the $7.6 billion bottle
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 unlike
Aquafina and Dasani, QENC is high-end natural spring water, and unlike Evian,
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 Water
and the Queech Flavored Water Beverages, which are vitamin-enhanced and come
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 adding
to their inventory various sizes of Queench water products. 7-Eleven has more
than 4000 stores nationwide. Each store consistently serves on average 1300
customers in a 24-hour period, giving Queench products added exposure within
their market share.
QENC bottled water is nationally distributed through SYSCO FOODS. SYSCO Foods
is the largest food distributor operating 145 locations and has sales and
service relationships with 420,000 customers including restaurants, healthcare
and educational facilities, lodging establishments, and more. This
relationship provides key access to new markets with low capital requirements.
Naomi Campbell's NC CONNECT integrated marketing agency, has signed to help
QENC reach national and global consumers by providing marketing and
advertising that will position QENC as a major lifestyle brand in the bottled
water market.
01/08/04: QENC completed inspection and approval of its plants by the US Army
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 in
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. The
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, and 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, from
$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 market.
For a young company QENC has made substantial accomplishments and is poised to
harness their segment of the $7.6 billion bottle water industry.
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