Final Negotiations will Conclude in a planned Visit from one of
Asia's Leading Wine Distributors
ORMOND
BEACH, Fla -- May 22, 2019 -- InvestorsHub NewsWire --
Rooshine, Inc. (OTC PINK:
RSAU) announces the company is expecting a due diligence visit
from one of the largest wine distributors in Asia for the
purpose of carrying Rooshine's proprietary spirits to the Asian
market.
Larry
R. Curran, CEO of Rooshine, Inc., stated, "There is a severe
shortage of quality spirits in Asia. This distributor
represents the largest distribution opportunity for Rooshine's
products to date. Not only does this represent the exposure of our
product to a huge consumer base but will include expansion plans to
their packaging plant in China. Month long discussions with
this leading distributor have led to an exchange of materials and
products. Reacting quite favorably to the samples they
received, the company believes this planned visit will prompt a
lucrative distribution deal for Rooshine's spirits.
We have also made progress on our non-dilutive financing to help
fund receivables when shipments begin flowing. Our first
shipment of Rooshine products are to be delivered to the United
States soon in 2019. Please
stay tuned for more timely updates and follow our
tweets."
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 high-end alcoholic spirits.
The Company has 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 and world-wide on a non-exclusive basis. Rooshine's
proprietary process allow spirits to taste like a smooth 20-year
aged spirit after aging only a week.
Rooshine's smoking
process allows the permanent infusion of smoky flavors that last
the entire bottle.
Statement as to
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-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking statements. The Company's future operating results
are dependent upon many factors, including but not limited to the
Company's ability to: (i) obtain sufficient capital or a strategic
business arrangement to fund its expansion plans; (ii) build the
management and human resources and infrastructure necessary to
support the growth of its business; (iii) competitive factors and
developments beyond the Company's control; and (iv) other risk
factors. We assume no obligation to update the information
contained in this news release.
Contact:
Larry
Curran, CEO, Rooshine, Inc.
386-673-7246
Larry@ChooseRain.com
www.drinkrooshine.com
Twitter:@rooshine
