QualityStocks would like to highlight
Coastal Integrated Services Inc. (
OTC: COLV), targeting the multi-billion dollar disposable beverage sector with the application of the unique technology and innovation developed by its wholly owned subsidiary Simply Lids, Inc. The company's specialty is disposable beverage lids in the food services industry. Simply Lids' patented technologies provide a safer, more enjoyable drinking experience, without splashing or spills. The company's product designs also enable the added benefit of unique marketing opportunities that have never been realized in this industry sector.
In the company’s news,
Coastal Integrated Services looks at beverage cup lids in a unique way. A lid on a beverage cup is not really thought about, unless it does not do its job. And what is its job, exactly? To keep the beverage in the cup until a drink is desired. But as many of us are on the go, very few of us can be on the go without jostling our cups and risking spillage – and when that beverage is hot, caution is a whole other animal.
The quest for the perfect on-the-go drinking experience has been quixotic for many, but Simply Lids, Inc., a wholly owned subsidiary of Coastal Integrated Services, Inc. (OTC: COLV), seems to have engineered a solution that makes beverage drinking on the go more natural and prevents much of the splashing and spilling that often comes from other lids.
Believe it or not, with beverages being a huge source of revenue for many restaurants and food stores, the disposable cup and lid sector of food service is seeing a major explosion of growth expected in the coming three years, and competition in this segment is relatively light. With a segment expected to grow to a whopping $10 billion by 2018, there seems to be a great opportunity to grab some market share with not much competition to be had currently.
Simply Lids and Coastal integrated Services are primed to take a prominent role in the disposable beverage cup space, with innovative lid designs that allows for a more natural, “from the cup” drinking experience while providing a lid that resists spills and splashes better than others and uses a smaller volume of plastic in its design – meaning the added bonus of being more environmentally friendly. As Simply Lids gains traction in the market with its innovative lid design and its relatively small carbon footprint, Coastal Integrated Services is primed to reap the benefits of this burgeoning market.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.