Business
Full Alliance Group, Inc. Announces Merger with Bio Lab Naturals, Inc. (OTCPK: FAGI)
Full Alliance Group, Inc. Announces Merger with Bio Lab Naturals, Inc. (OTCPK: FAGI).
About this update from Full Alliance Group, Inc.
[{"type":"text","content":"PALM DESERT, CA / ACCESSWIRE / February 28, 2023 / Full Alliance Group, Inc. (OTC PINK:FAGI) operating in the health and nutraceutical space, announces it has entered into a definitive share exchange agreement with Bio Lab Naturals, Inc. ("Bio Lab"), a leading provider of innovative and high-quality health and wellness products. The merger will provide an opportunity for both companies to leverage their strengths and allow a vertical integration to manufacture the highest quality nutraceuticals that will support FAGI's existing EB02 rejuvenating healthcare protocol.Bio Lab Naturals, Inc., founded in 2000, through its FDA-registered wholly-owned subsidiary Pure Solutions, Inc., was built on the simple principles of using the highest quality ingredients, producing products with the greatest possible efficacy, and providing its partners with unsurpassed customer service all at a fair price. From day one, the Company has specialized in custom product development and FDA-compliant contract manufacturing, with a passion for cutting-edge formulations and innovative product selection. Now housed in a state-of-the-art 25,000 square foot facility in Tampa, Pure Solutions remains committed to its founding principles and is ready to expand its operations through joint ventures, partnerships, exclusive manufacturing and distribution agreements and by adding diversity to its in-house product line."We are excited about taking our company public through a merger with FAGI, thus allowing our shareholders liquidity and giving our company another currency to pursue our acquisition strategy," said William "Billy" Heneghan, COO of Bio Lab. "Our merger with FAGI will provide us access to the public capital markets which will provide additional resources for our aggressive launch of several direct-to-consumer supplement offerings as well as the relaunch of FAGI's clinics."Bio Lab is looking to build organic brands, from developing initial formulations with world class ingredients that help solve a specific health problem or by buying existing brands that need assistance in marketing and using the company's existing distribution channels. Whether we build organically or acquire strategically it is our intention to ultimately sell the brands once they reach scale; providing additional liquidity for Bio Lab. We are...