USA: CEO Jon Darmstadter Receives Unsolicited Offer For Control of The Children's Beverage Group, Inc.

By Company Press Release | 2 August 2000

President and CEO Jon Darmstadter has received an unsolicited offer to sell his controlling interest in The Children's Beverage Group, Inc. (OTC/BB:TCBG) from Oxford Investments Company of Easton, Maryland. Gregory Dutcher President and CEO of Oxford Investments states, "our offer represents a significant premium to current value, yet we believe the underlying value of this company has virtually no ceiling based upon its market niche and unique patent". Jon Darmstadter President and CEO of The Children's Beverage Group, Inc. (OTC/BB: TCBG) has no comment The Children's Beverage Group, Inc. is a unique beverage company directed at the billion dollar plus children's beverage market. The company's mission and goal has been to create cutting edge products using the latest in packaging technology. It features a patented no. 5,941,642 09/005,627, "Self-Contained Fluid Dispensing System" known in the trade as the `rip it sip it'(TM)system. The company's products have been marketed by national retailers like Wal*Mart®(NYSE: WMT). The company has been featured on the nationally broadcast television program "Emerging Public Companies.... the Story Behind the Symbol". The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company: the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of the implementation and the scope and success of the program described here.

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President and CEO Jon Darmstadter has received an unsolicited offer to sell his controlling interest in The Children's Beverage Group, Inc. (OTC/BB:TCBG) from Oxford Investments Company of Easton, Maryland. Gregory Dutcher President and CEO of Oxford Investments states, "our offer represents a significant premium to current value, yet we believe the underlying value of this company has virtually no ceiling based upon its market niche and unique patent". Jon Darmstadter President and CEO of The Children's Beverage Group, Inc. (OTC/BB: TCBG) has no comment The Children's Beverage Group, Inc. is a unique beverage company directed at the billion dollar plus children's beverage market. The company's mission and goal has been to create cutting edge products using the latest in packaging technology. It features a patented no. 5,941,642 09/005,627, "Self-Contained Fluid Dispensing System" known in the trade as the `rip it sip it'(TM)system. The company's products have been marketed by national retailers like Wal*Mart®(NYSE: WMT). The company has been featured on the nationally broadcast television program "Emerging Public Companies.... the Story Behind the Symbol". The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company: the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of the implementation and the scope and success of the program described here.

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