Archive | 2009

Reed’s, Inc. Announces Successful Close of Rights Offering Raising $1.2 Million From a Broad Base of Subscribers

Remainder of Series B Convertible Preferred Stock to Be Offered Through Source Capital Group, Inc. LOS ANGELES, CA–(Marketwire – December 29, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that the Corporation has completed its previously announced rights offering of Series B Convertible Preferred Stock [...]

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Reed’s, Inc. Engages Marsham International to Represent Brands in Eastern Canada

OS ANGELES, CA–(Marketwire – December 22, 2009) – Reed’s, Inc. (NASDAQ: REED) (NASDAQ: REEDR), maker of the top-selling sodas in natural food stores across the United States, announced its partnering up with Marsham International Food Brokers, Inc. out of Richmond Hill, Ontario, Canada. Marsham International represents many of the major natural food companies in eastern [...]

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Chinese Buying all the Ginger up for Swine Flu

Chinese marketplaces are causing us grief because the billion plus populace is using ginger and honey brews to prevent swine flu. This has taken the ginger farmers by surprise and making us think about buying a ginger farm in Hawaii.  Maybe that makes our drinks a preventative for swine flu. I hope so. So far [...]

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Reed’s, Inc. Continues Global Rollout

Company Announces New International Distribution Partners in South Africa and Israel LOS ANGELES, CA–(Marketwire – December 9, 2009) – Reed’s, Inc. (NASDAQ: REED) (NASDAQ: REEDR), maker of the top-selling sodas in natural food stores nationwide, announced today that it has received its first order from the largest independently owned retail distributor of consumer goods, food [...]

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Ginger Ale to Compete With Over the Counter Drugs

Company’s Decision Comes After Years of Hearing From Customers’ Medicinal Uses of Their Reed’s Ginger Brews and Numerous Medical Studies Validating the Health Benefits of Ginger LOS ANGELES, CA–(Marketwire – December 7, 2009) – Reed’s, Inc. (NASDAQ: REED) (NASDAQ: REEDR), maker of the top-selling sodas in natural food stores nationwide, announced today that it will [...]

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Reed’s, Inc. Announces Increase in the Conversion Ratio of Transferable Rights Offering

Offering Extended to Monday, December 21, 2009 LOS ANGELES, CA–(Marketwire – December 3, 2009) – Reed’s, Inc. (NASDAQ: REED) (NASDAQ: REEDR), announced today that the Company has increased the conversion rate of its Series B Convertible Preferred Stock (“Series B Preferred”) to seven (7) shares of common stock per share of Series B Preferred. The [...]

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Mr. Reed Will Join Presenter Manoj Bhargava, CEO of 5-Hour Energy, and Other Beverage CEOs on a Panel Called “Taking on the Big Boys”

LOS ANGELES, CA–(Marketwire – December 3, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that Founder, Chairman and CEO Mr. Chris Reed will be speaking at the BevNET Live Winter event. Mr. Reed will be part of a panel of innovative beverage CEO’s. The panel [...]

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Reed’s, Inc. Secures Revolving Credit Facility of $3 Million

New Line Increases Working Capital Borrowing Eligibility LOS ANGELES, CA–(Marketwire – November 23, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that the Company has closed a financing Agreement with GemCap Lending I, LLC (“GemCap”) for a $3 million revolving credit facility, secured primarily by [...]

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Reed’s, Inc. Secures Revolving Credit Facility of $3 Million

New Line Increases Working Capital Borrowing Eligibility LOS ANGELES, CA–(Marketwire – November 23, 2009) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, announced today that the Company has closed a financing Agreement with GemCap Lending I, LLC (“GemCap”) for a $3 million revolving credit facility, secured primarily by [...]

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