Monday, September 22, 2008

RNVO - Continues Its Price Appreciation

RNVO has resumed its price per share increase after a brief pull back last week. Amid a steady supply of buys RNVO looks to have left its triple '0' status behind and, according to Mondays PR, the company is growing (the PR is below).

The chart shows growth in price on less volume. This could be viewed as a positive sign. Most sub-penny stocks drop on less volume, while RNVO's price continues to grow.

This stock could move much higher from here. Keep your eyes on it.



8 oz 'Guppy Water' to Be Released by Bebida BeverageLAS VEGAS, Sep 22, 2008 (BUSINESS WIRE) -- Bebida Beverage Company, currentlyoperating as Renovo Holdings (Pink Sheets:RNVO), announced today that the companyis launching a new bottled water under the name Guppy Water.Guppy Water will be offered in a youth friendly serving size of 8 fl oz. Thebottle will feature an appealing logo design that includes an enticing, friendlycartoon character fish. The logo design will be unveiled athttp://www.piranhabeverages.com.Guppy Water will feature the fresh, crisp taste of all natural spring water.Bebida Beverage anticipates that the product and logo design will appeal to youngconsumers, while adults will embrace the all-natural spring water as a beverageselection.In addition to appealing to a youth oriented consumer market, the petite,economical serving size is anticipated to appeal to individuals that prefer asmaller serving size. Bebida Beverage anticipates additional market growth forGuppy Water as a 'companion beverage' product.The company believes that Guppy Water will achieve additional growth as a'companion beverage' for consumers that choose coffee or another beverage as aprimary drink selection, yet desire a moderate size serving of crisp, cleanspring water to accompany their primary beverage choice. Guppy Water, whiletargeted primarily to the youth consumer market, will provide retailers and adultconsumers with an economical alternative to the standard 16.9 and 20 fl ozbottled water selections.Sneak Peek -- Upcoming Press Release Topic: Energy DrinksSafe Harbor This release may contain forward-looking statements within themeaning of the Private Securities Litigation Reform Act of 1995. Statementscontained in this release that are not historical facts may be deemed to beforward-looking statements. Investors are cautioned that forward-lookingstatements are inherently uncertain. Actual performance and results may differmaterially from that projected or suggested herein due to certain risks anduncertainties including, without limitation, ability to obtain financing andregulatory and shareholder approvals for anticipated actions.SOURCE: Bebida Beverage CompanyBebida Beverage Company, Las VegasRodrigo Makarios, President, 702-285-3817Copyright Business Wire 2008

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