Apple Rush Company, Inc. Unveils Bold Plan: Anticipates Reducing Up to 3 Billion Shares and Bolstering Shareholder Value
Company Acquires ACE, Adding
Estimated $3.5 Million in Revenue for 2024
Orlando, FL -- February 9, 2024 -- InvestorsHub NewsWire
-- Apple Rush Company, Inc. (OTC
PINK: APRU) proudly announces strategic move to reduce up to 3
billion shares from its issued and outstanding common shares. This
proactive step reflects the company's unwavering commitment to
enhancing shareholder value and marks a pivotal moment in its
ongoing restructuring efforts. Just last month, the company
announced it had reduced its authorized common shares by over 39
Billion, further solidifying its dedication to optimizing
shareholder returns.
In recent news, Apple Rush Company, Inc.
announced the acquisition of ACE (Alkhemical Roots CE), formerly Mo
Botanicals, a pioneering force in the Plant Extraction space. In
this groundbreaking agreement, APRU has solidified its standing as
an industry leader, with Senior Staff & Management seamlessly
integrating into the visionary future of the company.
ACE’s R&D team, coupled with the company’s culture boasting
over 30 years of experience in plant medicine, is renowned for its
cutting-edge extraction technology. This expertise has fueled
remarkable financial growth, with ACE reporting $900k in revenue in
2022 and an impressive $1.6 million in 2023. With a projected
revenue exceeding $3.5 million for 2024, ACE is poised for a
substantial fourfold increase in production capacity, further
amplifying its significance within the industry.
Tony Torgerud, CEO of APRU, expressed his confidence in this
venture, stating, “It is just this type of growth and potential
that assured me that ACE was the right company for APRU to become
involved with in this acquisition.”
Torgerud concluded, “This incredible accomplishment played a
substantial role in our decision to move forward with the
acquisition of ACE.”
Apple Rush expresses its excitement to share this remarkable
opportunity with loyal shareholders, with further updates
anticipated soon. The company extends heartfelt thanks for the
continued loyalty and support.
For more information, please visit www.applerush.com.
About The Apple Rush Company, Inc.:
The Apple Rush Company, Inc., through its subsidiary APRU, LLC, is
a distributor of CPG products under the trademarked Apple Rush
brand, Element brand and other labels. The Apple Rush brand has
more than 50 years of existence in the natural beverage industry.
As a historical leader in the organic and natural beverage sector
our goal is to now become a leader in the distribution of anhydrous
hemp oil products nationwide. For more information, please go to
www.aprubrands.com, www.element-brands.com, elementk.kratomwave.store
with our expanded product portfolio.
About ACE (Alkhemical Roots CE): At
Alkhemical Roots we have a passion for plants & their natural
ability to enhance peoples quality of life. Utilizing premium
materials coupled with great care & attention to detail
throughout the processes we employ, we strive to preserve the
natural integrity of our plant allies in the mindfully formulated
extracts & products we offer.
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:
Tony Torgerud 888-741-3777 x 2
Apple Rush (PK) (USOTC:APRU)
過去 株価チャート
から 11 2024 まで 12 2024
Apple Rush (PK) (USOTC:APRU)
過去 株価チャート
から 12 2023 まで 12 2024
