First of all, I'm sure that you've seen the reel review on Midcurrent
LL Bean Pocket Water Fly Reel | MidCurrent
Now this is all just speculation on my part, but a few weels ago someone posted a thread asking about this reel and others, including the Cortland Retro. At the time I had recently picked up an older LLBean Reel made by STH and was looking into the relationship between STH and both Beans and Cortland.
If you look at pictures of both the Pocketwater and the Retro you can see that they have different perforations, a different colored foot, and the Cortland reel comes in 2 sizes while the Bean reel comes in one.
But there also too many similarities to ignore. The reel foot is the same shape, the rivets are in the same position and the drag knob appears to be the same also.
Again speculation on my part, but it appers to me that these reels were both made by STH and have more similarites than differences and the discription of the Retro could most likely applied to the Pocketwater as well