Analyst Report Initiated on High Volume
24 Juin 2014 - 12:16AM
InvestorsHub NewsWire
NEW YORK, June 24, 2014 - Mendocino
Brewing Co., Inc. (OTCQB: MENB) together with its subsidiaries,
engages in the manufacture and sale of beers in the United States
and Europe. It operates two breweries located in Ukiah, California,
and Saratoga Springs, New York. The company's operations consist of
brewing and marketing various craft beers, including Red Tail Ale,
Blue Heron Pale Ale, Black Hawk Stout, Eye of the Hawk Select Ale,
White Hawk Original IPA, and Red Tail Lager, and a licensed
international specialty beer, Kingfisher Premium Lager. It also
owns and operates a brewpub and gift store located in Hopland,
California. Mendocino Brewing sells its beers through distributors
to consumers at supermarkets, warehouse stores, liquor stores,
taverns and bars, restaurants, and convenience stores.
MENB shares went from a daily average
volume (3 month) of 1,623 shares to near 500,000 in Monday’s
session. The shares closed Friday at $.275 and reached as high as
$.91 in the Monday trading day. Investors are flocking to this
purveyor of ales, perhaps due to its tiny float.
A full report on MENB that includes
risk factors, industry review, financial position, potential
revenues, and review of current business model, competition
breakdown, and analyst summary can be viewed by using the following
link:
http://bit.ly/-MENB-AnalystReport
Copy and paste to browser may be
required.
Watchlist: (OTCBB: NBDR), (OTCQB:
TAUG), (OTCBB: BBRD)
FORWARD-LOOKING DISCLAIMER
This report may contain certain
forward-looking statements and information, as defined within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, and is subject to the
Safe Harbor created by those sections. This material contains
statements about expected future events and/or financial results
that are forward-looking in nature and subject to risks and
uncertainties. Such forward- looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of mentioned company to
be materially different from the statements made herein.
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Source: SmallCapTraders
Mendocino Brewing (CE) (USOTC:MENB)
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