UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
January
27, 2007
Date
of
Report (Date of earliest event reported)
Reed’s,
Inc.
(Exact
name of Registrant as specified in its charter)
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Delaware
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001-32501
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95-4348325
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(State
or other jurisdiction
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(Commission
File Number)
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(I.R.S.
Employer
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of
incorporation)
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Identification
No.)
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13000
South Spring Street, Los Angeles, California 90061
(Address
of principal executive offices)
(Zip
Code)
(310)
217-9400
Registrant's
telephone number, including area code
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01 OTHER
EVENTS
On
January 26, 2007, Reed’s, Inc.(the “Company”) settled a lawsuit filed by Consac
Industries, Inc. (dba Long Life Teas and Long Life Beverages) against the
Company and Christopher Reed. The Company paid the amount of $300,000 in
connection with the settlement. The complaint filed by Consac had alleged claims
for negligence, breach of contract, breach of warranty and breach of express
indemnity relating to the Company’s manufacture of “Prism Green Tea Soda” for
Consac. Consac’s complaint had sought $2.6 million in damages, plus interest and
attorneys’ fees.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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REED’S,
INC.
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Dated:
February 14, 2007
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By:
/s/ Christopher J. Reed
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Christopher J. Reed
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Chief Executive Officer
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