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20
Apr
2008

Global Beverage Enterprises Inc. Announces A Private Placement

Global Beverage Enterprises, the leader in developing new and unique ethnic beverages has announced a Private Placement to raise operating capital to expand its distribution through GOYA FOODS INC. of its 4-1/2 Star Rated BEVNET Caribbean beverage "The Original Mabi Drink" throughout the USA, Canada, Puetro Rico and The Dominican Republic.


Miami, FL (1888PressRelease) April 20, 2008 - Global Beverage Enterprises Inc. today announced that it is filing a private placement (the “Private Placement”) of 1,000,000 common shares of the company at $1.00 per share (“the Share”) in order to raise gross proceeds of $ 1,000,000.00

These proceeds will be used for operating capital to expand Global Beverage Enterprises 4-1/2 Star BEVNET Rated Caribbean beverage, “The Original Mabi Drink ® across the United States, Canada, Puerto Rico and The Dominican Republic.

Global Beverage Enterprises Inc. owns the proprietary formulations and trademarks for “The Original Mabi Drink ®, “Cool Cow Sparkling Dairy Drinks™”, “Mr. Q-Cumber™” and “Sweet Blossom™” rose soda.

Based in Pompano Beach, Florida, Global Beverage Enterprises with the assistance of well known distributors like GOYA FOODS INC. is poised to lead the new emerging beverage category of “Ethnic Beverages” targeting tens of millions of consumers who are actively seeking these hard to find products.

Additional information can be found at www.globalbeverageenterprises.com

ABOUT GLOBAL BEVERAGE ENTERPRISES INC: Founded in 2003 Global Beverage is a developer of unique and healthy beverages. In addition to the development of “The Original Mabi Drink®”, Global has also developed “Cool Cow Sparkling Dairy Drinks™”, America’s only shelf-stable milk based sparkling dairy beverage line. With obesity in children the #1 issue today, this unique beverage is targeted to moms and kids who are seeking out alternative drinks to unhealthy sodas.

ABOUT GOYA: Founded in 1936, Goya Foods, Inc. is America’s largest Hispanic-owned food company. Goya Foods Inc. manufacture’s, packages and distributes more than 1200 high quality food products, including: canned and dry-packaged beans, rice and rice mixes; nectars; seasonings; and authentic Latin specialties. Goya products have their roots in the culinary traditions of Hispanic communities around the world; their combination of authentic ingredients, robust seasonings and convenient preparation make them ideal for every taste and every table. For more information on Goya Foods, please visit www.goya.com.
 

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Contact Information

Jeff Kaplan

Global Beverage Enterpri ses Inc.

33339

Voice: (954) 793-0637

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