Jones Soda CEO Buys Additional 1.8 Million Shares
August 26 2014 - 09:20AM
Business Wire
Jones Soda Co. (OTCQB:JSDA), a leading premium beverage company
known for its unique flavors and customer-designed packaging, today
announced that CEO Jennifer Cue increased her personal stake in the
Company by an additional 1.8 million shares, through the cash
exercise of vested stock options, resulting in $523,000 cash to the
Company. This increases Ms. Cue’s total stake in the Company to 2.0
million shares. Ms. Cue’s stock option exercise took place on
August 20, 2014. Since rejoining the Company in June 2012, Ms. Cue
has invested a total of $581,000 in the Company.
Commenting on becoming Jones Soda’s largest shareholder, Ms. Cue
stated, “I’m all in. Our employees, shareholders, distributors and
new retail and corporate partners understand my drive to create
profitable relationships. Our lineup is now in place. We have a
powerful brand with untapped market potential, an updated product
line that matches today’s consumer preferences, and a stronger
force of distributors that are better suited for what we want to
accomplish at retail and on fountain.”
About Jones Soda Co.
Headquartered in Seattle, Washington, Jones Soda Co.® (OTCQB:
JSDA) markets and distributes premium beverages under Jones® Soda,
Jones Zilch® and Jones Stripped™ brands and sells through its
distribution network in markets primarily across North America. A
leader in the premium soda category, Jones is known for its variety
of flavors and innovative labeling technique that incorporates
always-changing photos sent in from its consumers. Jones Soda is
sold through traditional beverage retailers.
For more information, visit www.jonessoda.com or www.myjones.com.
Jones Soda Co.Vice President of FinanceMark Miyata,
206-436-8760mmiyata@jonessoda.com
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