Pulse Beverage Secures Capital to Accelerate New Product Shipments of Its Trademark Cabana Coconut Water
February 02 2017 - 9:00AM
Marketwired
Pulse Beverage Secures Capital to Accelerate New Product
Shipments of Its Trademark Cabana Coconut Water
DENVER, CO-(Marketwired - Feb 2, 2017) - The Pulse Beverage
Corporation ("Pulse") (OTCQB: PLSB), makers of Natural Cabana
Lemonades, Limeades, and Coconut Waters announced today that it has
secured additional capital to restock Pulse's Cabana Coconut Water
in both Natural and Pineapple flavors.
In a transaction with Rockwell Capital, Pulse was successful in
obtaining $265,000 in new equity capital which was paid immediately
to two of its major vendors who produce and supply the Company's
signature containers and well received coconut water.
Robert E. Yates, CEO of Pulse, said, "The beverage business is
very working capital intensive during the first 5 years of
delivering new product. Capital is used for slotting fees,
marketing as well as inventory. This capital not only paid off our
older outstanding bills but opened up new credit to help keep up
with demand."
Pulse is in negotiations with additional funding sources for
additional debt and equity capital to both provide additional
resources for growth AND pay down some of the debt to TCA Global
Credit Master Fund, LP to lower the debt related expenses on its
income statement.
About Pulse Beverage Corporation Pulse Beverage Corporation
"Pulse" is an emerging beverage company that offers Natural Cabana
Lemonade/Limeade in 7 great tasting, low-calorie flavors and
Natural Cabana Coconut Water in pineapple and natural flavors. With
Pulse's revamped business model, utilizing warehouse direct and key
accounts, Pulse directly teams up with major retailers like
Walmart, Albertsons/Safeway, Kroger, Stater Bros, Food Max,
Houchens, Kmart, 7-Eleven, United C-stores, Weis Markets, King
Kullen, Dierbergs Markets, Hy-Vee Supermarket, WinCo Foods, Price
Less Markets, Gristede's Foods, Toot n Totem and Travel America.
Consumers easily find Pulse's prominently displayed products
thereby increasing revenue and earnings for shareholders of
Pulse.
For more information, please visit: www.pulsebeverage.com or
email info@pulsebeverage.com. Follow Pulse Beverage on Twitter at
https://twitter.com/drinkpulsebev. Become a Pulse Beverage Facebook
Fan at https://www.facebook.com/PulseBeverageCorporation.
Forward-Looking Statements
http:/ir.pulsebeverage.com/forward-looking- statements
Contact Information
Contact: Tom Nelson Tenassociates33@gmail.com 1-480-326-8577