I'm watching this one close today for a bounce and will more than likely enter.
It dropped .055 (39%) to close @ .085. The 52 week low is .082 which was yesterday and the 52 week high is 2.00 on 6-15-07.
Keep an eye on this one for a bounce. Good require holding a few days but looks like a money maker.
Fairly low number of outstanding shares @ 71.5 million
Diet Coffee, Inc.'s Slim Coffee Trademark Approved
Wednesday July 18, 4:05 pm ET
NEW YORK, July 18 /PRNewswire-FirstCall/ -- Diet Coffee, Inc. (OTC Bulletin Board: DCFF - News), the makers of delicious tasting coffee beverages infused with specially formulated dietary supplements, announced today a giant step forward for the Company. The Company's exclusive Slim Coffee(TM) trademark has received approval from the United States Patent and Trademark Office. The Trademark approval was dated January 11, 2007. This opens the door for establishing a major name product.
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This event enables the Company to use its trademark name in increased media advertising and retail sales, in order to further penetrate the $70 Billion coffee market along with the U.S. Weight Loss Market which was worth $46.3 Billion in 2004, a 6.1% increase from the prior year. The implementation of a well known trademark, and name recognition, is not only instrumental for building sales, but also becomes a highly valuable asset for the Company.
About Diet Coffee, Inc.
Diet Coffee, Inc. is a direct marketer and distributor of all natural, high-energy fat burning specialty beverages that are designed to help individuals suppress their appetite and reach weight loss goals. The Company's Slim Coffee(TM) product line features delicious tasting coffee beverages infused with specially formulated dietary supplements. Slim Coffee(TM) products are sold through retail stores, catalogs, print advertisements and our website
www.slimcoffee.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Diet Coffee Inc.'s business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond Diet Coffee Inc.'s control with respect to market acceptance of their products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in Diet Coffee, Inc.'s filings with the Securities and Exchange Commission