SOURCE: DC Brands International, Inc.

March 22, 2007 12:20 ET

DC Brands International Will File 15c2-11 in April 2007

DENVER, CO -- (MARKET WIRE) -- March 22, 2007 -- Today, DC Brands International (PINKSHEETS: DCBI) announced that they will file their 15c2-11 in April 2007. The company's President and CEO Richard J Pearce said, "Even though we are seeing brisk trading and a relatively stable price, we understand that our investors are not able to see a posted bid and offer price on our stock. We understand that the remedy to this problem is to file a 15c2-11 with an NASD-registered broker-dealer. Our council is speaking with several firms today and we will fast track the item next week when I am in Dallas with them. Our CFO, Jeremy Alcamo, is working feverishly to have the 1st quarter numbers completed as soon as humanly possible after the close of the quarter. We expect it will take a week or so to get any straggling numbers in and completed. We will then verify the numbers for accuracy and file our paperwork. I have said many times, we are in the energy drink business, not the stock trading business. Therefore, the normal day-to-day operations will always take precedence over this type of work. That said, we know it is something we need to get done and we will work diligently to complete the process as soon as we can."

For more information on the company, visit their web site at and Primary Contact: Keith Howard 303-279-3800

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.

Contact Information

  • Primary Contact:
    Keith Howard