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RHCO Readen Holding Corporation (PK)

0.017
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Readen Holding Corporation (PK) USOTC:RHCO 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% 0.017 0.013 0.02 0.00 13:14:33

Readen Holding Corp. (PINKSHEETS: RHCO) Announced that Altembrouck Agri BVBA, a Wholly-Owned Subsidiary of Readen Holding Cor...

29/07/2014 5:30pm

eTeligis


Kortenhoef, Netherlands /ETELIGIS INC./ 07/29/2014 - Readen Holding Corp. (OTC Pink: RHCO) (PINKSHEETS: RHCO) Recently Altembrouck Agri BVBA has taken over the total Wagyu livestock of "De Drie Morgen". The Wagyu of "De Drie Morgen" is genetically unique in Europe. The Wagyu bloodlines of Tajima, Kedaka, and Tajiri are secured and stronger embedded.

With the addition of" Petrus Wagyu", Altembrouck Agri BVBA holds the best genetic breeding material available outside Japan. "Petrus Wagyu" has taken a strong effort to grow their cattle by the best organic standards.

Wagyu beef is known for its exquisite taste, nutritious values and high marbling, it surpasses the USDA prime grade by far and is sold at prices between 300 and 1000 USD. a kilogram.

Altembrouck Agri BVBA has become one of the world's leading exploitations of livestock of Wagyu cattle including its breeding programs. The Altembrouck live stock is from the strongest available bloodlines. Altembrouck Agri BVBA has upgraded animal housing to house 1000 cattle to accommodate the expansion.

Altembrouck Agri BVBA will supply Wagyu Beef to more than 1200 restaurants in Belgium, Germany and the Netherlands including Michelin star establishments. Altembrouck Wagyu estimates its share in this niche market at 30% of the total production of Wagyu in Western Europe by the end of 2014.

Most of the bloodlines outside Japan have been mixed and are now called pure bred or cross bred, Altembrouck Wagyu's goal is to keep a high 100% Wagyu beef standard by a total in house production from breeding to daily fresh distribution and let the Altembrouck Wagyu become what "Beluga" is to caviar or "Cohiba" to cigars.

QUOTE CEO John Leenders: "Premium quality and high yield go together in this large expansion of this division in the Readen group".

www.altembrouck.net
www.readenholdingcorp.com


Readen Group's mission statement: To be a valuable and reliable partner for customers, suppliers and investors in terms of quality, communications and service. Adding value for all the stakeholders is the main objective.

This press release may contain forward-looking statements, including, but not limited to, statements regarding Readen Holding Corporation and its plans, products and related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential" or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Readen Holding Corporation's postings on the OTC Markets Disclosure &; News Service and future filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Readen Holding Corporation undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.

CONTACT:

Readen Holding Corp.
www.readenholdingcorp.com
+31356299970
info@readenholdingcorp.com


SOURCE: Readen Holding Corp.

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