International Franchiser located in the US and Asia Enters in Final Discussions with Rooshine - Plans for 50 Operations by 2020
May 29 2019 - 10:40AM
InvestorsHub NewsWire
International Franchiser located in the US and Asia Enters in Final
Discussions with
Rooshine
– Plans for 50 Operations by 2020
ORMOND
BEACH, FL -- May 29, 2019 -- InvestorsHub NewsWire
-- Rooshine,
Inc. (OTC PINK:
RSAU) announces that it has entered into final talks with an
international franchiser.
Larry R.
Curran, CEO of Rooshine
Inc.,
stated, "We expect to sign an LOI next week and the first 'Tasting
Bar' to open its doors this summer. Each of these 50 planned
operations represents a minimum of $5 Million in revenues
for Rooshine.
After the LOI is signed more details can be shared and will be
forthcoming.
Also, we are
happy to report that we're planning further updates on our progress
with a leading Chinese wine distributor and the results of their
tour of our facilities in Scotland. We are honored that a company
of this size ($Billion plus in revenues) is interested in our line
of spirits."
.
About
Rooshine,
Inc.
The Company
was formed under the laws of the State of Nevada in April 1998. The
Company's business is currently focused on the importation,
distribution, and sale of alcoholic spirits. The Company entered
into a Brand Licensing Agreement with The International Spirit
Vault Ltd (ISV) (f/k/a Cloudburst Distribution Pty Ltd.), to be the
exclusive distributor of ISV's Rooshine
brand of
spirits in North America. Rooshine's
proprietary
process allow spirits to taste like a smooth 20-year aged spirit
after only a week. Our smoking process allows a permanent infusion
of the smoky flavors that last the entire bottle.
Statement as
to Forward-Looking Statements
Forward-Looking
Statements certain statements in this release that are not
historical facts are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements may be identified using words such as "anticipate,"
"believe," "expect," "future," "may," "will," "would," "should,"
"plan," "projected, " "intend," and similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially
different from those expressed or implied by such forward-looking
statements. The Company's future operating results are dependent
upon many factors, including but not limited to the Company's
ability to: (i)
obtain sufficient capital or a strategic business arrangement to
fund its expansion plans; (ii) build the management and human
resources and infrastructure necessary to support the growth of its
business; (iii) competitive factors and developments beyond the
Company's control; and (iv) other risk factors. We assume no
obligation to update the information contained in this news
release.
Contact:
Larry
Curran, CEO, Rooshine,
Inc.
386-673-7246
Larry@ChooseRain.com
www.drinkrooshine.com
Twitter:@rooshine
OTC-PK
Symbol: (RSAU)
SOURCE:
Rooshine,
Inc.
Rooshine (PK) (USOTC:RSAU)
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