$CZNI ~ October 8K confirmed Cruzani's acquisition
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Posted On: 11/12/2018 12:30:20 PM
$CZNI ~ October 8K confirmed Cruzani's acquisition of all assets of VitaminFIZZ >>
https://ih.advfn.com/p.php?pid=nmona&article=78494895
Item 7.01 Regulation FD Disclosure.
On October 16, 2018, Cruzani, Inc. f/k/a U.S. Highland, Inc. (the “Company”) issued a press release entitled “CRUZANI to Acquire Vitamin Infused Water Beverage Company as First Step to Entering New Infused Products Market,” describing its recent entry into a letter of intent (the “LOI”) concerning the Company’s potential acquisition of intellectual property assets pertaining to “VitaminFIZZ.” A copy of the press release is hereby furnished as Exhibit 99.1 and incorporated herein by reference.
CRUZANI’s CEO, Everett Dickson, commented: “This acquisition will add another dimension to our growing line of product offerings. We are thrilled to continue to expand our image to include enhanced beverage and products. We will continue to look for opportunities to grow this alongside our traditional business lines, which include nearly $7mm in assets and a growing revenue base. This infused vitamin water formulation has already been commercially available. Once the transaction is closed, we will look to 're-launch' it using new distribution channels. We have concluded negotiations on the terms, signed an LOI and are beginning to work on definitive agreements. We expect the transaction to fully close in the next 2-3 weeks.”
Mr. Dickson can be followed on Twitter via https://twitter.com/CruzaniCEO
https://ih.advfn.com/p.php?pid=nmona&article=78494895
Item 7.01 Regulation FD Disclosure.
On October 16, 2018, Cruzani, Inc. f/k/a U.S. Highland, Inc. (the “Company”) issued a press release entitled “CRUZANI to Acquire Vitamin Infused Water Beverage Company as First Step to Entering New Infused Products Market,” describing its recent entry into a letter of intent (the “LOI”) concerning the Company’s potential acquisition of intellectual property assets pertaining to “VitaminFIZZ.” A copy of the press release is hereby furnished as Exhibit 99.1 and incorporated herein by reference.
CRUZANI’s CEO, Everett Dickson, commented: “This acquisition will add another dimension to our growing line of product offerings. We are thrilled to continue to expand our image to include enhanced beverage and products. We will continue to look for opportunities to grow this alongside our traditional business lines, which include nearly $7mm in assets and a growing revenue base. This infused vitamin water formulation has already been commercially available. Once the transaction is closed, we will look to 're-launch' it using new distribution channels. We have concluded negotiations on the terms, signed an LOI and are beginning to work on definitive agreements. We expect the transaction to fully close in the next 2-3 weeks.”
Mr. Dickson can be followed on Twitter via https://twitter.com/CruzaniCEO
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