Business
DNA Brands Signs Fleet Agreement, Enters Rideshare Market
DNA Brands Signs Fleet Agreement, Enters Rideshare Market.
About this update from Dna Brands, Inc.
[{"type":"text","content":"\nFort Lauderdale, FL, March 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- DNA Brands Inc. is pleased to announce that the company has signed a fleet agreement with RideShare Rental (https://www.ridesharerental.com).  In the coming days, DNA Brands will be announcing the purchase of its first set of cars in its fleet.  The fleet will be made available to rent to Uber and Lyft drivers in the South Florida Region. \n DNA Brands has obtained friendly financing in order to begin the fleet purchase process.  The company fully intends to continue adding cars to its fleet monthly. The company has also begun a Reg A registration statement, working with a committed funder.  Once the Reg A is accepted by the regulators, the company will be in a better position to add vehicles to the fleet at a greater speed. Initially concentrating in the South Florida region, DNA Brands is the First fleet operator in the State of Florida with www.RideshareRentals.com and anticipates to cover the whole state by years end. “Effective February 1, 2019, longtime consultant to DNA, Howard Ullman, joined DNA Brands management and was appointed to the position of President of DNA Brands. Howard brings a successful 35+ years of being a serial entrepreneur. Mr. Ullman will be in charge of implementing the RideShare side of the business.  In the coming weeks, Howard will be conducting an interview with Uptick Newswire to explain the logistics of this fleet agreement, the Revenue model and take some investor questions.  Any investor/ shareholder questions can be emailed to [email protected] prior to the interview. “Although DNA is a holding company and we do own an award winning beverage line and IP, Howard and I will be focusing on building out our Rideshare Rental fleet business. It is a very straightforward business model, which is not too capital intensive and has healthy margins,” stated CEO Adrian P. McKenzie. In harmony with the latest news, DNA Brands will update the public in the near future as it:  Announces the purchase of the first set of cars in the fleet. Announces when the fleet purchased is on the road, and producing revenue. Prepares plans to expand throughout the state of Florida. Expands beyond Florida due to Friendly financing that has been o...