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RLAB Real American Capital Corporation (PK)

0.22
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Real American Capital Corporation (PK) USOTC:RLAB 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% 0.22 0.202 0.35 0.22 0.22 0.22 2,501 21:00:00

Billy Martin's Boutique Closing in NYC After 32 Years

04/03/2011 8:24pm

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Real American Capital (PK) (USOTC:RLAB)
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Doug Newton, CEO of Real American Brands, Inc. (PINKSHEETS: RLAB) and co-founder of the Billy Martin's western lifestyle boutique, owned by RLAB, announced today the company's decision to close its western store which has operated in New York City on an uninterrupted basis for the last 32 years. Newton said, "The closing is a result of several factors, but the bottom line is that our bottom line was not in the black." Newton said, "This does not mean we will not reopen in New York and/or other locales in the future. Our parent company continues to own all retail and wholesale licensing and franchise rights to the brand, plus a track record going back over three decades in which we can take great pride."

Forward-Looking Statements Statements about RLAB's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect or for a variety of other reasons.

Contact: Doug Newton info@RealAmericanBrands.com BillyMartins@gmail.com 760-324-6834

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