TORRANCE, CA / ACCESSWIRE / June 7, 2016 / Búcha, Inc. (formerly American Brewing) (OTC: ABRW), the California-based owner of the Búcha® Live Kombucha brand today announced that it will be Webcasting its presentation at the 6th annual LD Micro Invitational on Wednesday, June 8th at 1 PM PST / 4 PM EST. Brent David Willis, Chief Executive Officer of Búcha, Inc. will be giving the presentation and meeting with investors.
Búcha, Inc. recently signed a definitive agreement to purchase the $50 million New Age Beverages Group, including their XingTea® brand in the RTD Tea category, the new XingEnergy® in Energy Drinks, and Aspen Pure® in Functional Waters. The transaction is expected to close on or about June 30th, and brings more than $7.5MM in cost and revenue synergies.
Due to significant interest expressed by investors in the transaction and the Company's plans thereafter, Búcha, Inc. will webcast the presentation with the support of Wall Street Webcasting. The audio and visual of the presentation can be found with the following link:
The new enterprise will be named The New Age Beverage Corporation. Brent Willis, Chief Executive Officer and a former senior executive with The Coca-Cola Company, will be discussing the component parts of the new Company, financial highlights, integration plans and synergies, and next steps to build on the healthy functional beverage platform.
About Búcha, Inc. (OTC: ABRW)
Based in Torrance, California, Búcha, Inc. was created in May 2016. It was originally founded as two separate companies in 2010, American Brewing and B&R Liquid Adventure. In 2014 American Brewing became a public company trading under the symbol ABRW, and in 2015, the Company acquired 100% of the assets of Búcha® Live Kombucha from B&R. American Brewing then sold their brewing assets to focus on the new business. The Company is the owner of the Búcha® Live Kombucha brand, one of the fastest growing and leading brands in the rapidly growing Kombucha (fermented tea) category. The Company's website is www.mybucha.com.
About LD Micro
LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into an event platform hosting several influential conferences annually (Invitational, Summit, and Main Event).
In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and microcap universe.
Safe Harbor Disclosure
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of the Company including statements regarding American Brewing's expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. American Brewing competes in a rapidly growing and transforming industry, and other factors disclosed in the Company's filings with the Securities and Exchange Commission might affect the Company's operations. Unless required by applicable law, ABRW undertakes no obligation to update or revise any forward-looking statements.
Name: Julie Anderson
Phone: (408) 605-9449
Email: [email protected]
For investor inquiries please contact:
SOURCE: Búcha, Inc.