'Brad's drink',created in the summer of 1893,was later renamed Pepsi Cola in 1898 after the pepsin and cola nuts used in the recipe.In 1893,Caled Bradham wisely bought the trade name "Pepsi Cola" for 100 from a competitor from Newark New Jersey that had gone broke. the new name was trademarked on June 16th,1903. Brad ham's neighbor,an artist designed the first Pepsi logo and ninety-seven shares of stock for Bradham's new company were issued