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Reed's, Inc., makers of a variety of ginger-based drinks and snacks including Reed's Ginger Brews, recently announced plans to make 2 million shares of its company available for public sale. Aside from a prospectus request form on Reed's website, the company will also start labeling their bottles with offers to buy the stock directly at $4 per share. A recent AP article points out that while public offerings such as this have worked for companies like Ben & Jerry's, Reed's still-limited sales may make it unappealing to investors. Still, Chris Reed, the company's founder, is optimistic, hoping to share in the ever-growing success of healthful soft drinks. Reeds, Inc. has also recently acquired Virgil's Root Beer and China Cola.
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1-06-2006 @1:25PM Yvonne Adams said... If they pay dividends in their Green Tea Ginger ice cream I'm in!
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