Business
DNA Brands Provides Shareholder Update
DNA Brands Provides Shareholder Update.
About this update from Dna Brands, Inc.
[{"type":"text","content":"\nFORT LAUDERDALE, FL, June 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – DNA Brands Inc. is pleased to provide a shareholder update on the progress of the company  to date.\n Recently, DNA Brands signed the very First Fleet Agreement with RideShare Rental (https://www.ridesharerental.com), in the State of Florida. DNA Brands is in a unique position for two reasons. To date, DNA Brands has been the first and only publicly traded company who has an agreement with RideShare Rental.  Secondly, DNA Brands is the First Fleet Operator in the State of Florida. About Rideshare Rental.com RideShare Rental rents cars to rideshare drivers, it provides those drivers with insurance, and gives fleet operators a platform on which to rent their vehicles to the rideshare market. Their daily, weekly, and long-term rentals can be found in major cities like Los Angeles, San Francisco, San Diego, Dallas, Baltimore, and now sunny South Florida. New locations are opening each month across the United States. RideShare Rental is headquartered at 6600 Sunset Boulevard in Los Angeles, California. RideShare Rentals most recent S-1 Registration statement filing can be found in the link below. https://www.nasdaq.com/markets/ipos/filing.ashx?filingid=13005469 A TNP company (Transportation Network Provider), also referred to as a rideshare company, provides pre-arranged transportation services for compensation, through an internet-enabled application or digital platform, to connect passengers with drivers of vehicles for hire.  TNP drivers become affiliates, who are then available to be dispatched through the TNP’s digital platform. DNA Brands now fills a void in the TNP sector, by providing a fleet of vehicles for rent to drivers who lack qualified vehicles for dispatch, with providers such as Uber and Lyft.  Recently, DNA held seminars with pre-screened drivers in South Florida. “The drivers who rent cars from DNA do not have to worry about getting insurance or maintenance, because all of this is done for them through a Fleet Insurance Provider. More importantly, drivers are helped and incentivised through the referral program, keeping them in the cars. They are continuously paid for any introduction of new drivers. Once drivers rent a car from our fleet, most stay in their respective cars, at a healthy retention ...