Wednesday, November 23, 2005

GBVS Global Beverage Solutions Announces Signing of a Definitive Agreement to Acquire 80% of Rudy Beverage Group

Global Beverage Solutions Announces Signing of a Definitive Agreement to Acquire 80% of Rudy Beverage Group

Penny Stock Global Beverage Solution Inc. (OTCBB:GBVS) announced today that it has signed the definitive stock purchase agreement to acquire 80% of Rudy Beverage Group Inc. ('RBGI').

The agreement calls for the purchase of 80% of the issued and outstanding shares of Rudy Beverage Group Inc. for 6 million restricted common shares of GBVS in a stock-for-stock exchange. In addition, the agreement has an earn-out provision for an additional 10 million shares of GBVS that are subject to certain milestones being achieved by RBGI.

Richard Clark, president of Global, stated, 'We are extremely pleased with the addition of Rudy Beverage Group Inc. to our portfolio of companies.'

'The Rudy line of beverages are drinks that will make a difference -- a difference in two key areas, obesity and diabetes. It's about contributing to the community. It's about delivering something that's good and good for you. The Rudy line of beverages addresses an 8 billion dollar market. I want 1/2 to 1% of that market in my first year. That's 40-80 million dollars in sales if we meet our goals,' stated "

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