SEC Company Response from BRAVO FOODS INTERNATIONAL CORP (CIK 0001061029) — Jul 27, 2005
BRAVO FOODS INTERNATIONAL CORP (CIK 0001061029)
Date: July 27, 2005 · CIK: 0001061029 · Accession: 0001144204-05-022753
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Roy D. Toulan, Jr.
Vice President - General Counsel
Direct Access:
Tel 978-283-2233
Fax 978-283-4692
roy.toulan@bravobrands.com
January 27, 2005
United States Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Bravo! Foods International Corp.
December 28, 2004 Inquiry: Middle East (Syria) Business
Form 10-KSB 2003 File No. 0-20549
Dear Sir/Madam:
In the Company's Form 10KSB for the year ended December 31, 2003, we
reported that we had commenced a license agreement with Marvel Enterprises,
Inc., in January 2004. Under the terms of the license agreement, we have the
right to use certain Marvel Super Heroes for the packaging and promotion of our
flavored milk products in nine Middle East countries for a one-year (renewable)
term. We further reported that in December 2003, we entered into a third party
production agreement with Saudia Dairy & Foodstuff Company, (SADAFCO) one of the
largest Middle East dairy processors, headquartered in Jeddah, Saudi Arabia, to
processes our Slammers (R) branded flavored milks, including the Marvel line,
for distribution in nine Middle East countries.
The Marvel license territory for the Middle East, as contained in
Exhibit 10.8, mimicked the territory in which SADAFCO anticipated distributing
our products. We deal only with SADAFCO for the Middle East. In our production
agreement with SADAFCO, as well as out license with Marvel, we included Syria as
a potential area for distribution at SADAFCO's request.
To the best of our knowledge, however, the Company's products have
never been distributed or sold in Syria nor have we conducted any of our
business, either directly or indirectly, in Syria.
Sincerely yours
/s/ Roy D. Toulan, Jr.
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Roy D. Toulan, Jr.
Vice President, General Counsel
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