Vista Partners Updates Coverage on Javo Beverage Company Inc.
Thu. November 20, 2008; Posted: 07:26 PM
LOS ANGELES, Nov 20, 2008 /PRNewswire via COMTEX/ --
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PowerRating -- Vista Partners announced today that
it has updated coverage on Javo Beverage Company Inc.
(OTC Bulletin Board:
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PowerRating) maintaining its twelve month target price of $1.32.
Ross Silver, Director of Research at Vista Partners stated, "Javo is on pace
to achieve its projection of 10,000 installed dispensers by year end. Based
on the average yearly revenue per dispenser, the Company should surpass its
operating income breakeven point in 2009. We believe Javo will experience
continued high growth based on the fact that the Company has penetrated less
than 10% of its current client base. Javo is well positioned to maintain its
growth in the face of the economic slowdown because of the increased demand by
consumer's for low cost alternatives to expensive coffee house products. We
believe that Javo's high growth and defensive characteristics make it one of
the best small cap companies investors will come across." To download a FREE
copy of the report, please visit the Vista Partners website at
http://www.vistap.com and click on the download research icon.
About Vista Partners:
Vista Partners provides independent, equity research to institutional and
individual investors, with a focus on publicly traded small capitalization
companies. With offices in Los Angeles and San Francisco, Vista Partners is
one of the fastest growing independently owned equity research firms. Vista
Partners professional staff has backgrounds in finance, corporate
communications and investment banking. More information is available at
http://www.vistap.com.
Contact:
Vista Partners LLC
Jorden Lampos
310-744-5268
info@vistap.com
SOURCE Vista Partners
http://www.vistap.com
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