Pulse Beverage Corp (OTCMKTS:PLSB) shares jumped 35% to $0.00189 and were flat in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.13. The company has a market cap of $477K at 252.53 million shares outstanding.
In a press release, Pulse Beverage Corp announced that it is now shipping Pulse’s Natural Cabana Lemonades and Limeades to Fiesta Mart. This grocery chain is based in Houston, Texas and has over 60 separate store fronts.
“We are very pleased to expand our reach into Fiesta Mart’s grocery chain and provide their customers with the best tasting lemonades and limeades in the industry. Houston, being a large area in the sunbelt region of the United States has many thirsty customers who are now able to purchase and consume our refreshing beverages,” remarked Pulse Beverage Corp CEO Robert Yates.
“We think that we are getting significant traction in the sunbelt, particularly Texas where consumers have a natural affinity for our products. The hot weather for most of the year provides us with a great opportunity to expand our brand awareness. We anticipate that this new relationship will get us in front of additional opportunities throughout the sunbelt in the upcoming months and we look forward to announcing additional distribution wins in the near term,” he added.
Pulse Beverage Corp is a beverage company with brands including Natural Cabana Lemonade/Limeade and Coconut Water, and PULSE Heart & Body Health functional beverages. It operates through the non-carbonated beverages segment in North America.
The company produces, markets, sells and distributes its brands through its strategic regional and international distribution system. Natural Cabana Lemonade is a lineup of refreshing, all-natural, ready-to-drink lemonades/limeades in 20 ounces glass bottle in over seven flavors, such as Natural Lemonade, Cherry Lemonade, Strawberry Lemonade, Mango Lemonade, Natural Limeade, Cherry Limeade and Raspberry Limeade. Natural Cabana Coconut Water is available in natural and pineapple flavors. PULSE Heart & Body Health brand of functional beverage is a nutritional supplement.