Simply Innovative Products, Inc. Merges with White Label Liquid, Inc, a Leader In the Manufacturing of CBD Products and E-Liq...
10 August 2018 - 10:50PM
InvestorsHub NewsWire
Simply Innovative Products, Inc.
Merges with White Label
Liquid, Inc., a Leader In the Manufacturing of CBD
Products and E-Liquids
Company changes name and has new OTC Symbol: WLAB
Daytona
Beach, FL
-- August
10,
2018 --
InvestorsHub NewsWire -- Simply
Innovative Products, Inc. (the
"Company")
announced today
that the Company has finalized
its "Merger
Agreement and Plan of Reorganization" (the
"Merger") with White
Label Liquid, Inc., a privately-held Florida corporation,
headquartered in Daytona
Beach,
Florida.
As
a result of the Merger, the
Company has
changed
its name to
"White Label Liquid, Inc." and
has changed
its trading
symbol to
WLAB.
In
addition, effective immediately Yaron
Elkayam,
CEO
of
White Label Liquid, Inc., becomes the sole officer and director of
the Company.
All prior officers and directors resigned immediately following the
Merger's completion. Further
details of the transaction were not disclosed.
Yaron Elkayam,
the new CEO
of
the Company, stated,
"We are
extremely excited to be able to
bring White Label Liquids, Inc. into the public marketplace.
Our team at
White Label Liquid has developed an exceptional
business
that has
experienced rapid growth.
We will
now
share our
experience and
the growth that it delivers with the SMPI shareholders."
He
added, "Going forward, our
business
will
remain focused on the
formulation of e-liquids and a variety of products
containing
hemp-derived
CBD oil. We
look forward to the years
of growth ahead as a publicly held company and to
enhancing
shareholder
value."
About White Label Liquid, Inc.:
White Label
Liquid is a
leading one-stop
e-liquid manufacturing service providing
premium
custom-blended
products
containing hemp-derived
CBD oil, and "E-Juice"
and
eliquids
for vaping,
all of which are sold to
a
wide variety
of companies
including
major
and small
brands,
chain
stores,
vape
shops, distributors
and dealers worldwide.
The
Company has
the
capability of
producing
up
to 50,000 units
per day
in various
packaging sizes and
shapes using custom
labels and customized
presentation packaging.
It's E-Juice
and eliquid
products are
available in a wide range
of specially
formulated
flavors
with over
400 readily
available and
up
to 50,000
combinations. For more
information on the Company, visit its website at: https://www.whitelabelliquid.com.
Forward-Looking Statements:
This news
release contains "forward-looking statements" within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995. When
used in this release, words such as "estimate," "expect,"
"anticipate," "projected," "planned," forecasted" and similar
expressions are intended to identify forward-looking statements,
which are, by their very nature, not guarantees of Coastal
Integrated Services Inc.'s future operational or financial
performance, and are subject to risks and uncertainties. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. Due to
the risks and uncertainties, actual events may differ materially
from current expectations. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
For More Information, Visit the Company's Website
at: https://whitelabelliquid.com
Contact: Top Priority Investor Relations at IR@whitelabelliquid.com
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