SOURCE: Bona Coffee Holdings

August 11, 2008 07:07 ET

Espo's Announces the Acquisition of Bona Coffee Holdings Corp.

NEW YORK, NY--(Marketwire - August 11, 2008) - Espo's Surf & Sport Inc. (PINKSHEETS: ESPS) announces the acquisition of 100% of the issued and outstanding shares of Bona Coffee Holdings Corp. Bona Coffee Holdings Corp., incorporated in the Philippines, is a holding company whose businesses consist of coffee shops, furniture & jewelry stores, real estate, a casual wear clothing line, and a spa in Manila, Philippines.

The transaction closed on August 1, 2008. Following the acquisition of Bona Coffee Holdings Corp., ESPS spun off its retail action sporting good business to its wholly owned subsidiary Espo East Corp. Current management of ESPS resigned as officers and directors effective upon closing of the transaction. The new officers and directors of the Company are Jose Luis Gonzalez, Candace Schmidt, and Robert Mesa. The Company intends to change its name to Bona Coffee Holding Corp. in the near future.

The new home office of Bona Coffee Holdings Corp. is Unit H, PSCOR Building, Elizalde Street, BF Commercial Plaza, Paranaque City, 1720 Philippines.

Contact Information

  • For further information, contact:
    Bona Coffee Holdings Corp.
    Investor Relations