SOURCE: Bona Coffee Holdings Corp.

November 16, 2009 12:08 ET

Letter to Shareholders by BoNa Coffee Holdings Corp.'s President & CEO, Jose Luis Gonzalez

NEW YORK, NY--(Marketwire - November 16, 2009) - The following is a letter to shareholders by BoNa Coffee Holdings Corp. (PINKSHEETS: BCHC) President & CEO, Jose Luis Gonzalez:

Dear BCHC shareholders,


I would like to update you personally on the state of BCHC, its subsidiaries, and our various expansion projects.

As you all might have heard by now, the Philippines was recently battered by a series of tropical hurricanes, which left much of the country in a state of calamity. Thousands of homes were submerged, thousands of families displaced, and hundreds of people lost their lives. There are still numerous areas that lie submerged under water.

I want you to know that BCHC is committed to its people. First and foremost, it is people that make this company what it is, and therefore it is these people that are the focus of our efforts. We have been ensuring the safety and well-being of our employees.

This calamity also affected our recent plans in becoming current with the pink sheets. Our corporate attorney was a victim of this flood. His house, cars and important documents were submerged which included our documents for filing. We are currently getting all the documents together again to be able to update our current status.

Also, BCHC has been supporting Lifeline Foundation, a non-profit organization, whose aims include child welfare, education, and disaster and relief efforts in the Philippines. This foundation worked hand-in-hand with the ABS-CBN Foundation, Sagip Kapamilya, which was one of the largest responders to the natural calamities that befell so many.

Our goals remain the same, and it is with renewed faith in the strength of the BCHC team that we are following through on these goals -- the expansion into the US markets and the planting of more BoNa Coffee Company branches throughout southeast Asia.

We have several inquiries regarding our step towards the US market, since several options have presented themselves to us. We therefore have been carefully considering the best possible moves that will benefit our company and our shareholders. Rest assured that our plans have not changed in creating a competitive brand throughout the world.

As we aid in recovery and rebuilding efforts, we see that this is merely a delay in our timetable. And yet we see the positive in all this, for the BCHC team has certainly gotten stronger as a result of the tragedies.

In behalf of the BCHC team,

Sincerely yours,

Jose Luis G. Gonzalez
President and CEO
BoNa Coffee Holdings Corporation

For more information, visit:

BoNa Coffee Holdings Corporation is a diversified holdings company incorporated in the state of New York.

Our acquisitions include BoNa Coffee Company, a gourmet coffeehouse brand; Bohemian Nation Trading Corporation, an import/export furniture and jewelry retail company; Serenity Land Development and Property Management Corporation; and Ayurveda Medical Spa and Wellness Corp., operators of Sujiivana Salon and Sujiivana Day Surgery and Spa.

Contact Information

  • Contact:
    BoNa Coffee Holdings Corp.
    Investor Relations: