SOURCE: Reed's, Inc.

April 30, 2007 09:30 ET

Taglich Brothers Initiates Coverage on Reed's, Inc.

NEW YORK, NY -- (MARKET WIRE) -- April 30, 2007 -- Taglich Brothers, Inc. announces that it has initiated coverage of Reed's, Inc. (OTCBB: REED).

Reed's, Inc. headquartered in Los Angeles, CA, develops, manufactures, markets and sells natural non-alcoholic and New Age beverages, candies, and ice creams. The Company's products are primarily sold through a network of natural, gourmet, and independent distributors. Its product lines include: Reed's Ginger Brews, Reed's Ginger Juice Brews, Reed's Ginger Candies, and Reed's Ginger Ice Creams, as well as Virgil's Root Beer and China Cola product lines.

The complete 27-page report is available at www.taglichbrothers.com

Taglich Brothers, Inc. is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

* The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from the Director of Research. As of the date of this report, we, our affiliates, any officer, director or stockholder, or any member of their families do not have a position in the stock of the company mentioned in this report. All research issued by Taglich Brothers, Inc. is based on public information. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned in this report and was not a manager or co-manager of any offering for the company with in the last three years. The company paid for the first year of distribution a fee of $21,000 (USD) on January 2007, and after the first year of publication will pay a monthly monetary fee of $1,750 (USD) to Taglich Brothers, Inc. for the creation and dissemination of research reports.

Contact Information

  • Contact:
    Rick Oh
    Taglich Brothers, Inc.
    631-757-1500