Archive | November, 2011

Reed's Inc. Announces Third Quarter 2011 Financial Results

LOS ANGELES, CA–(Marketwire – Nov 14, 2011) – Reed’s, Inc. (NASDAQ: REED) Maker of the top-selling sodas in natural food stores nationwide today announced the financial results for its third fiscal quarter ending September 30, 2011. Financial Highlights: Revenues during the third quarter of 2011 increased by 18% to 6.4 million from 5.5 million 2010…. Read More →

Reed's Announces New Credit Facility With Significantly Lower Interest Rates and an Additional 750k Term Loan

LOS ANGELES, CA–(Marketwire – Nov 9, 2011) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, today announced the closing of a new credit agreement. The Loan and Security Agreement replaces the Company’s current revolving line of credit (RLOC) and adds a new $750,000 term loan to the overall… Read More →

Reed's, Inc. Third Quarter Revenue Increases 18%

LOS ANGELES, CA–(Marketwire – Nov 2, 2011) – Reed’s, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, today announced its net sales for its third fiscal quarter ended September 30, 2011. Revenues for the third quarter of 2011 increased to $6.4 million compared to $5.4 million in the third quarter… Read More →