FORT LAUDERDALE, Fla, Mar. 4
/PRNewswire/ -- Pleasant Kids, Inc. (OTCMARKETS:PLKD) American's
premier alkaline Spring Water and
all natural Apple Juice for children is proud to announce the newly
appointed vice president of sales, Mr. Christopher Reynolds. Christopher has a wealth
of industry expertise across several areas of the beverage industry
that ranges from finance to sales and distribution. Mr. Reynolds
began his career as Vice President of Merrill Lynch Global's
Beverage Finance Group and was responsible for closing over
$400 million in loans to beverage
related companies. In 2005 Mr. Reynolds was recruited as the Vice
President for Wachovia Bank's Beverage Finance Group, where he
originated $227 million in new loans
to the industry. Mr. Reynolds then took on a new challenge with
Eternal Water and Increased US-located DSD sales from less than
$1 million to over $3.5 million. He was instrumental in expanding
the distribution from 5000 to 15,000+ accounts, including Whole
Foods in the US and Canadian market. Mr. Reynolds is a beloved
father of two and a retired U.S. ARMY SPECIAL FORCES (Green
Berets), Special Operations Sergeant 1989-1992. Mr. Reynolds has
begun his service to Pleasant Kids by already introducing the
company to several distributors in Florida and California and look to complete negotiations
soon.
Corporate updates and company advances:
We have purchased a Chevy heavy duty cargo van that will be used
in our route sales division. The custom wrapped van featuring our
logos and Dr. Karent Sierra's (see
images on FB) image, will assist us in our DSD (Direct sales
deliveries) to convenience stores, supermarkets, hotels and
schools. We also welcome Yasmani as our company driver. His duties
are to oversee our DSD and manage our custom coolers installs and
replenishment.
Company Updates:
We recently have been faced with a couple of legal issues
we would like to clarify. A fictitious lawsuit was filed
against Pleasant Kids and on December 15th an order was
signed by a Circuit Court Judge vacating a judgment that was
granted due to a misrepresentation of facts. We have entered into a
settlement with a former employee and have since started making the
payments to satisfy the amounts owed. A $10,000.00 payment was paid on February 12th 2015. Our corporate council at
Fishers & Philips have since served a demand letter to the
responsible parties to immediately remove all documents of the
vacated judgment or be faced with a lawsuit for an amount of
$100 dollars a day plus damages and
legal fee. The demand letter was delivered on February 24th and the parties have 30 days to
remove or face this lawsuit.
Additionally, in an ongoing effort to increase shareholder value
the company recently decreased its authorized shares. This move was
not welcomed by a company investor. The investors filed a claim in
New York and after long
conversations the claim was dropped but the authorized needed to be
increased. We are fully committed to transparency but the nature of
the negotiation needed to be discreet so that the final outcome can
be a positive one.
Battlefrog Sponsorship Discussion Update
Earlier this year Pleasant Kids, Inc. entered talks with
Battlefrog concerning potential sponsorship of the Battlefrog
Series. On February 9, 2015
Pleasant Kids Inc believed that it had reached an agreement in
principle with Battlefrog. Pleasant Kids then sent out a
sponsorship announcement to the public. Unfortunately, talks
then failed to result in a sponsorship agreement. As a
result, Pleasant Kids must retract its press statements to that
effect.
Our new corporate website will soon be finished and it will
represent our efforts of building our corporate image and brand. We
are excited to receive feedback from the public regarding our new
site. As always we want to offer thanks to our shareholders as we
continue our journey towards success.
About Pleasant Kids Inc.
Headquartered in Fort Lauderdale,
FL, Pleasant Kids is America's premier supplier of naturally
balanced alkalized spring water, "healthy water" and all natural
apple juice for children. The company features copyrighted mascot
characters along with our national "Where Healthy Begins" campaign
promotes a healthy lifestyle and educates children on the benefits
of our products. Additionally, all the products are
eco-friendly, BPA free, Non-toxic, No Bisphenol A, and No
Phthalates. Pleasant Kids Inc. owns and operates Pleasant Kids
EXTRA, Inc. EXTRA manages the intellectual copyrights to the
characters and makes them available for select and limited business
development, sponsorship opportunities and licensing deals.
Safe Harbor Statement
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT
TERM IS DEFINED IN SECTION 27A OF THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND
SECTION 21E OF THE UNITED STATES
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS
NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING
STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS,
EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE
HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS
NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO
CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR
ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS.STATEMENTS
THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE
PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS"ESTIMATE",
"ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS
ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS
CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO AS
WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND
QUARTERLY REPORTS ON FORM 10-K AND FORM 10-Q, RESPECTIVELY, AND
FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING
THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE
REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL
REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS
PRODUCT DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE
COMPANY'S EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY
ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE
MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES
NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO
UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE
PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY
BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS
CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO
ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL
PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE
INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK
FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM
TIME-TO-TIME WITH THE UNITED
STATES SECURITIES AND EXCHANGE COMMISSION. THIS NEWS RELEASE
HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL
RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY
HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE.
THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE
SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF
THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER,
SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR
QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH
JURISDICTION.
For more information and all the latest from Pleasant Kids, Inc.
(PLKD)
Please contact customer service at 1-855-710-KIDS or visit
us atwww.pleasantkids.com
Email us at info@pleasantkids.com
Pleasant Kids, Inc
1 East Broward Blvd Suite #700
Fort Lauderdale, FL 33301
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SOURCE Pleasant Kids, Inc.
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