Total Apparel Group, Inc. Announces Deal with DC Brands


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Total Apparel Group, Inc. Announces Deal with DC Brands

PR Newswire











NEW YORK, June 6, 2013 /PRNewswire/ -- Total Apparel Group, Inc. (Pink Sheets: TLAG, hereinafter the "Company") announces that it has assigned its' minority interest in Village Tea Company Distribution, Inc., the owner of the Village Tea Company brand of premium loose leaf tea and tea accessories to DC Brands International, Inc., (HRDN) the owner of the H.A.R.D. Nutrition, label of functional water systems and nutritional supplements. The Company believes that this transaction will benefit the long term goals of both Village Tea Company and Total Apparel Group, as it seeks to address short term needs as a part of a major restructuring process that it will undergo over the next several months.




In lieu of this transaction the company will continue to shift its' focus from being exclusively involved in licensing and distribution in the apparel and accessory sector, as the company continues to seek additional opportunities to expand its acquisition model, with a primary focus on a broad range of consumer products categories. The company has identified several potential opportunities, and will continue its due diligence of each of these opportunities, while also focusing on the re-structuring efforts that will enable the company to properly implement and execute its acquisition strategy.    





About Total Apparel Group, Inc. 

Total Apparel Group, Inc. (OTC Pink: TLAG) (www.totalapparelgroup.com) is a licensing, distribution and merchandising company focused on bringing national and international consumer product brands to the North American marketplace through acquisitions, strategic partnerships, joint venture, licensing and distribution agreements.  





Forward-Looking Statements




Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above.



SOURCE Total Apparel Group, Inc.