APRU Announces Acquisition of Mistyk.com to Complement Existing Manufacturing
TITUSVILLE, Fla., May 04, 2020 (GLOBE NEWSWIRE) — The Apple Rush Company, Inc. (US OTC PINK: APRU) (the “company”), a beverage maker, manufacture of unique consumer brands and CBD products and drinks, announced today that it acquired the Mistyk brand and assets.
Mistyk is a green sanitizer that was designed without alcohol. It is a product that has proven in scientific testing at a nationally accredited lab to kill 99% of all germs within 15 seconds without any harsh chemicals, preservatives, or alcohol. It is pet and eco friendly and can be used for all general sanitizing. The properties are unique enough that it can be used as a hand sanitizer as well. Jason and his team are creating an infomercial at the studio in Vero Beach, and we have already sold the product to several government agencies. “We made the announcement last week that we are looking for strategic business acquisitions or alliances, and this is the first one that we have completed. APRU Brands will operate this as an independent business unit to give us the flexibility to do anything we need in the future. It is an exciting project as we acquired all of the assets including 60,000 bottles of finished goods. This inventory will show up on our balance sheet in the second quarter. We also have acquired all of the machinery required to manufacture and bottle the product. This acquisition was done in stock with no initial cash deposit to reduce the risk to our shareholders,” commented Tony Torgerud, CEO of Apple Rush.About The Apple Rush Company, Inc. Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise. Investor relations Contact:
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