Key Points - 2020 Plans - From PR November 29, 201
Post# of 1760
- Preparing explosive growth plans for Apple Rush in 2020.
- Includes an operational plan that will expand distribution to the entire country and to several International locations.
- New COO, to be officially announced in the near future.
- Intends to charge into 2020 with a diverse portfolio on the cusp of powerful emerging markets.
- Expects to grow significantly as a profitable leader in the world of CPG and CBD.
- Now has a great new advisory board.
- With the strategic addition of key members to the leadership team, the end of 2019 was a success.
- APRU is now set up to soar in 2020.
- Following wholesalers are now distributing Apple Rush:
-- Southern Eagle Distributing.
-- Champagne Beverage.
-- North Florida Sales.
-- Grey Eagle Distributors.
-- RJM Distributing.
- Each wholesaler invested heavily on the purchase of their initial inventory, resulting in lower revenue from juice sales compared to 2018. This will correct itself moving forward as the brand is built.
- Cancellation of over 17,000,000 shares previously owned by LiveWire Ergogenics, Inc. and Bob Corr completed.
- A large part of this cleanup has been extensive work to gain DTC / DWAC eligibility for our shares, which will lower the transaction costs and allow more broker dealers to look at APRU for their investors.
-- The Depository Trust Company’s (DTC) Deposit and Withdrawal at Custodian (DWAC) service provides participants with the ability to make electronic book-entry deposits and withdraws of eligible securities into and out of their DTC book-entry accounts using a Fast Automated Securities Transfer service (FAST) transfer agent as the distribution point.
-- This is necessary to electronically transfer shares without having to send paper certs back and forth to the transfer agent. We are very close to achieving this milestone.
-- Will make the formal announcement soon.
- Financial picture is continuously changing.
- Most of our revenue from 2019 is from our manufacturing business.
- Meticulously worked on the cleanup of the company fundamentals.
- Built an all-star team that can take the brand to an International level.
- Have continued to push forward in cleaning up the books, staying current with OTC guidelines and implementing more of a corporate structure in order to provide a better opportunity to raise the capital that is required to implement ambitious growth plans for 2020.
- Plans to become fully audited, and become fully reporting sometime during the second quarter of 2020.
- This will help moving forward with the OTC market - plan to up list to OTCQB.
- This will make it possible for institutional investors to look at what APRU has to offer.
- Believe they we will be able to meet the capital requirements needed for the expected growth.
- Brought on a group of advisors to help gain National and International distribution.
- First advisor and current CMO - Nicholas Kinports - has been busy working on rebranding initiatives to bring Apple Rush inline with the trends that are driving purchases at retail. He has worked extensively at the rebranding of Apple Rush, as well as the development of a new CBD company, which will be announced in coming weeks.
- Recently brought in a new team member who has extensive business operation experience - formal announcement soon.
- New product mix will help deliver higher margins throughout our nutraceutical business while strengthening the bottom line and affording the opportunity to add additional team members.
Apple Rush Company Inc (APRU) Stock Research Links
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