Business
RSAU Signs International LOI
RSAU Signs International LOI.
About this update from Rooshine Inc.
[{"type":"text","content":"Rooshine Inc. (RSAU) Signs International LOI Valued at 6 Million Dollars Per Annum ORMOND BEACH, Fla., 2019 (GLOBE NEWSWIRE) -- Rooshine, Inc. (OTC PINK: RSAU) announces that it has signed a Letter of Intent with an Australian international distributor. They have committed to monthly container loads of our smoked range of Rooshine products. The company expects to finalize the agreement within the next 10 days.Larry R. Curran, CEO of Rooshine Inc., stated, \"We have been very aggressive in pursuing this particularly distribution company. They carry large brand name products and have a stellar reputation. And now we’re part of their enormous reach all over the globe. I expect that in the coming months their monthly orders will easily double. As you can see, we’ve not been resting. I urge investors to keep an eye on this space for we are making great progress in other parts of the world as well. 2019 is our year. Also, due to market opportunities, we continue our due diligence on several potential CBD oil providers, as we are seeking the highest quality of product, reliability of the supply chain and process.”About Rooshine, Inc - The Company was formed under the laws of the State of Nevada in April 1998. The Company's business is currently focused on the importation, distribution and sale of alcoholic spirits. The Company entered into a Brand Licensing Agreement with The International Spirit Vault Ltd (ISV) (f/k/a Cloudburst Distribution Pty Ltd.), to be the exclusive distributor of ISV's Rooshine brand of spirits in North America. Rooshine’s proprietary process allow spirits to taste like a smooth 20-year aged spirit after only a week. Our smoking process allows a permanent infusion of the smoky flavors that last the entire bottle.-------------------------------------------------------------------------------------------------------Statement as to Forward-Looking Statements - Forward-Looking Statements certain statements in this release that are not historical facts are \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified using words such as \"anticipate,\" \"believe,\" \"expect,\" \"future,\" \"may,\" \"will,\" \"would,\" \"should,\" \"plan,\" \"projected, \" \"intend,\" and similar expressions. Such forward-lookin...