SOURCE: FIMA, Inc.

FIMA, Inc.

November 17, 2010 11:15 ET

FIMA, Inc. Signs LOI, Thinking Outside the Box

HUNTINGTON BEACH, CA--(Marketwire - November 17, 2010) - FIMA, Inc. (PINKSHEETS: FIMA) is proud to announce the signing of a letter of intent to acquire 603 Beverages, Inc. The terms of the acquisition are still being worked through as due diligence is being done by both parties. The acquisition is a vertical move for FIMA to help market its properties in Veracruz, Mexico, as well as open the door for other possibilities to expand the business service of FIMA, Inc. 603 has currently been in a working relationship with a Mexican company that manufactures and bottles drinks for the Company. 603 Beverages focuses on the marketing and branding of different products through their beverage packaging and distribution techniques. 

CEO Roy Sahachaisere states, "603 has some key business contacts south of the border that allow us to open the doors to marketing and product sales that could be a huge benefit for FIMA. We hope to utilize their bottling abilities as well as their ingenuity to be able to sell our properties and market to the proper demographics so that we can move forward from this project." Mr. Sahachaisere goes on to state, "Once acquired, we will attempt to look outside of the real estate markets to expand the business model of FIMA to bring in additional revenues." 

FIMA management plans the final acquisition to be completed as soon as terms are met between both managements. 

About 603 Beverages, Inc.

603 Beverages is a Developer, Producer and Marketer of "New Age" beverage products. It is the constant mission of 603 Beverages to identify growing categories within the beverage industry and to produce only the highest quality products for those categories. 603 Beverages currently produces and markets a progressive Energy Drink within the Company's network of distributors. The Company plans on expanding on that distribution as well as adding more exciting brands into the network. 603 Beverages works diligently with its team of distributors to ensure that the products they produce and the distributors are mutually successful. 603 Beverages feels that the surest way to success is through the formation of a quality team combined with quality products.

About FIMA, Inc.

FIMA has been engaged in a diverse range of land development and utilization activities in Latin America. A plan for the Company has been to nationalize the real estate business here in the US by looking for and purchasing distressed properties to create rental income for the Company with a 5-7 year target goal of selling these properties at an appreciated price. FIMA, Inc. currently also owns 49% interest in its architect firm in Puebla, Mexico, so that the Company can take advantage of future international opportunities which has been consistent with their initial business model. For more information, visit the Company website at: http://www.fimadevelopmentinc.com.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information

  • Contact:
    FIMA, Inc.
    Email Contact
    (714) 675-2633

    603 Beverages
    San Diego, CA
    (760) 330-0028