Henderson, NV / ACCESSWIRE / July 15, 2014 / Frontier Beverage Company Inc., (OTC PINK: FBEC) (PINKSHEETS: FBEC) today announced their mid-year update statement, “IT IS ALL ABOUT ENERGY!”
As Frontier Beverage transitions into the Energy Industry, diversification is key to success. As the company has recently announced their exit from the Beverage and Entertainment Industries and move into the Energy industry with the focus on a broad range of products and energy sources associated with alternative energy and oil and gas production.
"As oil and gas has been the dominate player in the industry over recent years, we feel that the tide is turning a bit and alternative energy will gain market share in the coming years. So our plan is to seek out new opportunities in both the alternative and oil and gas industries. As we continue with our plan of debt reduction and growth we would anticipate reporting quite aggressive revenue number for the 4th quarter. As we are not in the business of forecasting revenues, we are excited about the product with regard to our new marketing agreement. We are currently exploring all options in the energy business. We are currently interviewing for all management positions and the company is aware of an offer for controlling interest of the company on the table," stated William Coogan, CEO of Frontier Beverage Company.
The company will continue with its growth plans and will post updates on its twitter feed as well as Press Release’s. A name will be forthcoming as well as a new website. Also management has asked that you please disregard the website www.frontierbeverage.com. We are asking our attorneys to contact the holder of the site and have it taken down.
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
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SOURCE: Frontier Beverage Company Inc.