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BCHC Announces Strategic Turn Around and Major Stake Buyout of VuQo Inc.

Tuesday 19. April 2011 - VuQo Inc., creators of the world's first coconut-distilled premium vodka, today announced that BoNa Coffee Holdings Corporation (PINKSHEETS: BCHC) has acquired a majority stake in their company, shifting BCHC's focus to the alcoholic beverage industry.

Bona Coffee Holdings Corp. has voted to spin off the other parts of the company including, BoNa Coffee Company, Ayurveda Day surgery and Spa, and Bohemian Nation.
CEO Candace Schmidt and current board members will step down and be replaced by current VuQo Inc. CEO and Founder, Rich Cabael, along with his current management team.
“The time is right to accelerate the company’s renewal to drive BCHC to the next level of growth. It is important to me to give shareholder value, and I will do whatever it takes to make VuQo a successful brand name that is known all over the world in an industry that did $44 billion dollars last year in the United States alone,” said Rich Cabael, incoming CEO of BCHC.

http://www.vuqo.com
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