StockGuru News: Clearly Canadian Beverage Corporation (OTCBB: CCBEF) Significantly Improves Financial Position
Clearly Canadian Beverage Corporation (OTCBB: CCBEF) Clearly Canadian Significantly Improves Financial Position VANCOUVER, B.C.–July 25, 2006–CLEARLY CANADIAN BEVERAGE CORPORATION (OTCBB: CCBEF) is pleased to announce that on the heels of its recent financings and settlement of outstanding litigation, it is now, aside from regular trade payables, effectively debt free and has increased its current cash position to more than US $5.3 million. Brent Lokash, President of Clearly Canadian stated, “We now have a very strong financial foundation which could accelerate our efforts towards broadening distribution, increasing availability of our product lines, exploring all profitable alternatives related to our brand name…