SOURCE: DC Brands International, Inc.

December 01, 2008 19:28 ET

DC Brands Announces New Plans to Complete Audit

DENVER, CO--(Marketwire - December 1, 2008) - Today, DC Brands International, Inc. (PINKSHEETS: DCBR) is proud to announce that they have found what they believe is a solution to their ongoing problem with completing their audit. Over the past several weeks, the company has reviewed and met with a number of candidates for the position of CFO. Many of them were simply overqualified wanting far too much compensation for a small company. Others were able to do the job but would require additional team members to get the task completed within a reasonable time frame.

Today, the company completed a very lengthy interview with two senior members of VCFO (Virtual CFO). VCFO employs approximately 140 accounting professionals ranging from staff accountants to the very highest level of CFOs with SEC experience. They have the unique ability to "swarm the job." This is accomplished by having a number of people on the task initially, then tapering off until finally a designated high level executive, working on the company's behalf with their legal team and auditors, gets the job completed. On an ongoing basis, VCFO will have the ability to handle all of DC Brands' filings from 10Ks and 10Qs to all other regulatory issues. Mostly, they can get the company to a fully reporting status and the return of the "bid and ask" to the company's stock.

The company's CEO Richard Pearce said, "At this point, I want the job done. We can worry about appointing a CFO later. What I really like is that I can see no reason why this company could not service all of our needs for at least the next 12-24 months. Once the initial task is completed, we will hire a full-time, very competent Staff Accountant to provide them accurate accounting at the end of each month, etc. At this stage, we are sold and want to go forward. We have asked for a bid to review the task, at which time we would retain their services and provide them with clearance to work directly with our lawyers and auditors for a week or so. At that point, they would be able to come back to us with a better idea of the scope of the task at hand and provide a projected cost and time to see it through completion."

For more information on VCFO, go to

About DC Brands International:

DC Brands International, a publicly traded company under the ticker symbol (PINKSHEETS: DCBR), presently specializes in and manufactures health products. Established in 1998, DC Brands went public in 2005 producing a number of lines of energy drinks. DC Brands then purchased the assets of H.A.R.D. Nutrition and began its quest to produce a new health line of products. DC Brands is now proud to announce the release of their new H.A.R.D. Nutrition Functional Water Systems, which is set to revolutionize the functional beverage category.

For more information on DC Brands International, visit their website at

Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by DC Brands International with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of DC Brands International as of the date of this release. DC Brands International and its managers and agents undertake no obligation to publicly update any forward-looking statements.

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