ANCE - RESTANCE Announces African Condom Manufacturing Plans
03 Oktober 2017 - 3:55PM
InvestorsHub NewsWire
Sparks, NV – October 3,
2017 – RESTANCE, Inc. (USOTC:
ANCE) today announced preliminary plans for a condom
manufacturing plant in Africa. The Company has acquired
equipment to set up a condom manufacturing plant and is in
negotiations to produce condoms for a major brand name.
Management is optimistic the major brand name contract will come to
fruition this month and that sales of condoms in Africa can begin
as early as January.
The RESTANCE assets and business operations, to include the condom
manufacturing equipment, were obtained through RESTANCE’s recent
acquisition of East African Development Partners. RESTANCE is
pursuing several business lines in the growing economies of East
Africa. The Company is developing opportunities in the region
including initiatives in technology and systems integration
services, utility support services, affordable housing and health
products manufacturing.
Learn more about the RESTANCE operations in Africa on the Company’s
website:
www.restanceinc.com
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the
meaning of the Securities Litigation Reform Act. The statements
reflect the Company's current views with respect to future events
that involve risks and uncertainties. Among others, these risks
include the expectation that any of the companies mentioned herein
will achieve significant sales, the failure to meet schedule or
performance requirements of the companies' contracts, the
companies' liquidity position, the companies' ability to obtain new
contracts, the emergence of competitors with greater financial
resources and the impact of competitive pricing. In the light of
these uncertainties, the forward-looking events referred to in this
release might not occur.
Randell Torno
randel.torno@restanceinc.com
1-800-834-5792
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