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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Restance Inc (CE) | USOTC:ANCE | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.000001 | 0.00 | 00:00:00 |
Sparks, NV -- October 17, 2017 -- InvestorsHub NewsWire -- RESTANCE, Inc. (USOTC: ANCE) today announced plans to open a condom manufacturing plant in Kenya to produce condoms for all Africa. Research and Markets reports the global condom market is expected to reach US $9.6 Billion by 2021 at CAGR of 8.2%. The United Nations reports that condom usage in Africa is growing and is expected to continue growing until 2030. RESTANCE has already acquired the tools to equip a manufacturing plant and is in negotiations to manufacture and distribute for a major global brand name. CEO Randell Torno met recently with the Kenyan Ambassador to the United Sates, H.E. Robinson Githae to discuss investment in Kenya.
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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