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"The Children&amp;#39;s Beverage Group, Inc. (OTC/BB: TCBG) CEO Jon Darmstadter in a ceremony yesterday in Rochester, New York, received a check from Housing and Urban Development Secretary Andrew Cuomo for Three million four hundred fifty nine thousand dollars ($3,459,000) The money is a combination of loans and grants to complete the funding for its &amp;quot;state of the art&amp;quot; pouch packaging facility&amp;quot;. The official closing date for the money transfer is on or about September 1, 2000. A simultaneous closing date will be scheduled for the 860.888 Maple Street property, a seven and one half (7 1/2) acre site with eighty thousand square feet of existing building. Jon Darmstadter President &amp;amp; CEO of The Children&amp;#39;s Beverage Group, Inc. (OTC/BB: TCBG) states, &amp;quot;I would like to personally thank Secretary Cuomo, Mayor Johnson, Commissioner Ku and The County of Monroe for their efforts and applaud their diligence for securing this funding The Children&amp;#39;s Beverage Group, Inc. is a unique beverage company directed at the billion dollar plus children&amp;#39;s beverage market. The company&amp;#39;s mission and goal has been to create cutting edge products using the latest in packaging technology. It features a patented no. 5,941,642 09/005,627, &amp;quot;Self-Contained Fluid Dispensing System&amp;quot; known in the trade as the `rip it sip it&amp;#39;(TM)system. The company&amp;#39;s products have been marketed by national retailers like Wal*Mart&amp;amp;reg;(NYSE: WMT). The company has been featured on the nationally broadcast television program &amp;quot;Emerging Public Companies.... the Story Behind the Symbol&amp;quot;. The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company: the occurrence of which involves certain risks and uncertainties that could cause the company&amp;#39;s actual results to differ materially from expected results. Such risks include the timing of the implementation and the scope and success of the program described here."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-drinks.com/news/secretary-of-hud-andrew-cuomo-dispenses-funds-to-the-childrens-beverage-group-inc_id74753.aspx>