Business
DIBZ International Inc. Acquires American Retail Alliance Corp.
DIBZ International Inc. Acquires American Retail Alliance Corp..
About this update from Turbo Global Partners Inc
[{"type":"text","content":"Date: September 9, 2015\n\nStock:\nDIBZ INTERNATIONAL INC., (NV) DIBZ – OTC MARKETS\n\nEutaw AL/ PR NEWSWIRE / DATE \\@ "dddd, MMMM dd, yyyy" Wednesday, September 09, 2015 / DIBZ INTERNATIONAL INC., (NV)\n(OTC Markets: DIBZ) DIBZ International Inc.,\n\nOn Friday, September 4, 2015, DIBZ\nInternational Inc. executed a Memorandum of Understanding acquiring 100% of the\nequity of American Retail Alliance, Corp (“ARA”) while assuming approximately\n$132,000 of unsecured liabilities. Simultaneously, DIBZ added Brett Phillips,\nCEO & President of ARA, to its board of directors.\n\nAmerican Retail Alliance, Corp. is\nengaged in the sale and marketing of various consumer products in the United\nStates through various vendors, independent pharmacies, and product catalogs.\nThe Company’s compiled unaudited financial statements reports gross revenues of\napproximately $450,000 and $1,000,000 for fiscal year end 2013 and 2014,\nrespectively. ARA was founded in 2005 and is based in Belleair Bluffs, Florida.\n\nABOUT AMERICAN RETAIL ALLIANCE CORP. (F/K/A\nPhilips Sales and Marketing Inc.,) \nAmerican\nRetail Alliance Corp. markets\nand distributes new and innovative consumer goods through the nation’s largest\nretail pharmacy chain stores (Walgreens, CVS, Rite Aid, McKesson), independent\ndrug and health food stores, network marketing organizations and product\nspecific catalogs. The Company provides inventors, product developers and\nentrepreneurs who have market ready products with a quick and inexpensive means\nfor retail distribution of those products on a national level while building\nbrand awareness. ARA's established vendor relationships enables speedy product\nplacement at the retail level as well as the ability to test market in select\nstores. \n\nAlliance Media Services (AMS)\n\nThe\nCompany’s subsidiary, Alliance Media Services (“AMS”), is a full service\nadvertising and marketing agency that provides sales and service support to\nvendors distributing their proprietary and non-proprietary products. AMS places\nadvertisements in periodicals, newspapers, radio, TV, and other media. Through\nin-house capabilities AMS provides advice, creative services, account\nmanagement, production of advertising material, media planning and buying, and\nproduct packaging concepts and fulfillment. AMS's unique...