ANCE - RESTANCE Announces $500,000 Contract To Manufacture Brand Name Condoms In Africa As Part Of Campaign To End AIDS Epide...
20 November 2017 - 4:51PM
InvestorsHub NewsWire
SPARKS, NV
-- November 20, 2017 -- InvestorsHub NewsWire
-- RESTANCE, Inc. (USOTC:
ANCE) today announced a
$500,000 contract to manufacture condoms under a major brand name
for distribution in Africa. The company plans to reveal the
“major brand name” on November 28, 2017 in conjunction with a World
AIDS Day announcement. The $500,000 contract is part of a
strategic campaign that will announced on November 28, 2017 in
conjunction with World AIDS Day on December 1, 2017. The
campaign is designed to contribute to the United Nations goal of
ending the AIDS Epidemic. RESTANCE plans to contribute to the
UN goal to end the AIDS Epidemic by making condoms available
everywhere in Africa through the previously announced #DoItForAfrica buy-one-give-one
campaign where an anticipated $20 million in condoms will be sold
in North American and for every condom sold, a condom will be
manufactured in Africa and given away in Africa. The contract
announced today is the initial commitment for the condoms to be
manufactured and given away in Africa.
RESTANCE - $20 Million Revenue #DoItForAfrica
Campaign
RESTANCE has acquired the tools to equip a condom manufacturing
plant and plans to open a condom manufacturing plant in Kenya soon
to produce condoms for all Africa. RESTANCE has secured a
contract where the company will produce condoms under a major,
globally recognized brand name in conjunction with the
#DoItForAfrica buy-one-give-one campaign. The #DoItForAfrica
campaign is anticipated to generate $20 million in revenue.
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. RESTANCE recently acquired East
African Development Partners as part of its strategy in East
Africa.
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
ir@restanceinc.com
+1-800-834-5792
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