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Question: V-Net is positioned to become a major success in specialty drinks and water industries.in detail?
Answer: Palm Springs Bottling Company, located in Indio, California, is a state-of-the-art 26,000 square foot facility which currently private labels bottled water and carbonated beverages. The facility is a CO-packer for Hansen Natural Corp. Beverages (Nasdaq: HANS), Real Sodas, and Ginger People. Hansen, of course, is a very successful profitable company with annual sales exceeding $100 million and growing. Palm Springs bottles their signature soda line, which includes Black Cherry, Sarsaparilla, Ginger Beer, Orange Crème, and Vanilla Crème, as well as Pink Lemonade and Regular Lemonade.iation potential Due to the anticipated strong growth of its CO-packing and private label business, V-Net has future plans to at least double the plants current size to 50,000+ square feet. This larger capacity will be needed to handle the significant demand and bottling growth from 2005 forward. Within the next few months, V-Net plans to institute a "second line" production run, which will double production and would allow the existing facility to operate 24 hours per day, every day of the year except Christmas, and increase the potential production to 400,000 500,000 cases per month. By mid-2004, the Company anticipates it will be bottling around 300,000 cases monthly, with continual growth.
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