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DNA to Begin the Formal Process of Becoming a Fully Reporting Company
BOCA RATON, Fla. — DNA Beverage Corporation (Pink Sheets: DNAB), makers of DNA Energy
Drink®, the highly acclaimed delicious tasting energy drink and DNA Meat
Snacks, both favorites of the action sports community, announced today
that it has engaged the auditing firm of Mallah Furman f/k/a Berkovitz
Company of Miami and Ft. Lauderdale, FL, to initiate the audit process
that will enable the Company to become fully reporting. The audit will
cover the consolidated balance sheets for the three years ending
December 31, 2009, 2008 and 2007. The audit will be conducted in
accordance with the standards established by the Public Company
Accounting Oversight Board (PCAOB) and within the generally accepted
accounting principals accepted in the United States (GAAP).
DNA believes, as it continues to grow the DNA brand and expand
operations it is important to be able to provide our shareholders with
transparency and being fully reporting will help accomplish that task.
“We are very excited by the strides that we have made so early into
2010. DNA Energy Drink®, DNA Beef Jerky™ and DNA Shred Stix™ continue to
gain support as we continue to expand into new territories with major
retailers and innovative marketing programs that allow us preferential
product placement combined with high profile marketing partners. Our
programs with Walgreens and CVS include marketing support from the NBA’s
New Orleans Hornets in Louisiana/Cleveland Cavaliers and Orlando Magic
and help to create product awareness and boost revenues,” said Mel
Leiner, DNA’s Executive Vice President and COO. “Mr. Leiner added, “2010
has certainly taken off on a high note with our recently announced
agreement with Monogram Food Solutions, the nation’s largest
manufacturer of 100% US beef snacks and third largest overall to partner
in the production, marketing and sales of DNA meat snacks on a nation
wide basis. This undertaking is off to a great start and we have already
gained distribution from several parts of the country.”
DNA is spreading the word through its support of the action sport
community in general and the AMA Motocross/Supercross Racing Series in
particular. The high profile DNA Shred Stix Star/Yamaha Racing Team has
made the podium in two of the first four races so far this year and has
been on CBS and Speed TV.
BeBevCo (PINKSHEETS: BBDA) announced today that their distribution network has expanded yet again to cover one of the premier tourist hotspots in the country, as well as the surrounding counties. With the addition of Yahnis Coastal, a beer and beverage distributor, Koma Unwind and other BeBevCo products will be available in 12 South Carolina counties including the popular travel destination, Myrtle Beach.
Yahnis Coastal, based in Florence, SC, is a Coors distributor with a healthy line of products, and is excited about the potential of adding Koma Unwind “Chillaxation Drink” as their only beverage in the relaxation category.
“Yahnis Coastal is a seasoned distributor, and they cover nearly a third of the state of South Carolina. We are very happy about this new partnership and cannot wait to see what the fine sales staff at Yahnis can do with our products,” said CEO Brian Weber.
The counties included are Chesterfield, Marlboro, Dillon, Darlington, Lee, Florence, Marion, Horry, Sumter, Clarendon, Williamsburg, and Georgetown. BeBevCos partnership with Daisy Ramirez Motorsports also adds the likelihood of Yahnis Coastal being included as an associate sponsor for the NASCAR Camping World Truck Series entry in Darlington later on in the season.
“With Myrtle Beach encompassed in the area covered, Koma Unwind could be a giant hit amongst the crowds of travelers that visit the area. It should be a great fit for us and our products,” COO Daisy Ramirez added.
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