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Posted On: 05/12/2023 10:03:30 AM
Post# of 107164
$ADMQ On Major Development
https://www.barchart.com/stocks/quotes/ADMQ/opinion
Just Right Products, the wholly owned subsidiary of ADMQ, is pleased to announce a completed asset purchase from Innovative Impressions
FORT WORTH, TX, May 09, 2023 (GLOBE NEWSWIRE) -- via Just Right Products, the wholly owned subsidiary of ADM Endeavors (OTCQB: ADMQ), is pleased to announce a completed asset purchase from Innovative Impressions of Fort Worth, Texas on May 1, 2023. The purchase includes eighty-five heads of embroidery, inventory, and customers. The asset purchase should bring new sales of $1 - 1.5 million directly related to this purchase over the next 12 months.
We also engaged Fred Breese, the owner of Innovative Impressions, to a two-year consulting agreement with a commission component to ensure there is a smooth transition for our newly acquired customer base. More details can be found on our 8K filing.
“This asset purchase is a significant milestone. The new assets and increased customer base will help accelerate our growth in the coming years. The completion of the addition of this accretive asset enhances and expands our business,” commented Marc Johnson, Chief Executive Officer of ADM Endeavors. Marc Johnson
https://www.barchart.com/stocks/quotes/ADMQ/opinion
Just Right Products, the wholly owned subsidiary of ADMQ, is pleased to announce a completed asset purchase from Innovative Impressions
FORT WORTH, TX, May 09, 2023 (GLOBE NEWSWIRE) -- via Just Right Products, the wholly owned subsidiary of ADM Endeavors (OTCQB: ADMQ), is pleased to announce a completed asset purchase from Innovative Impressions of Fort Worth, Texas on May 1, 2023. The purchase includes eighty-five heads of embroidery, inventory, and customers. The asset purchase should bring new sales of $1 - 1.5 million directly related to this purchase over the next 12 months.
We also engaged Fred Breese, the owner of Innovative Impressions, to a two-year consulting agreement with a commission component to ensure there is a smooth transition for our newly acquired customer base. More details can be found on our 8K filing.
“This asset purchase is a significant milestone. The new assets and increased customer base will help accelerate our growth in the coming years. The completion of the addition of this accretive asset enhances and expands our business,” commented Marc Johnson, Chief Executive Officer of ADM Endeavors. Marc Johnson
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