International Franchiser located in the US and Asia Enters in Final Discussions with Rooshine - Plans for 50 Operations by 2020

 

International Franchiser located in the US and Asia Enters in Final Discussions with Rooshine – Plans for 50 Operations by 2020

 

ORMOND BEACH, FL --  May 29, 2019 -- InvestorsHub NewsWire -- Rooshine, Inc. (OTC PINK: RSAU) announces that it has entered into final talks with an international franchiser.

Larry R. Curran, CEO of Rooshine Inc., stated, "We expect to sign an LOI next week and the first 'Tasting Bar' to open its doors this summer. Each of these 50 planned operations represents a minimum of $5 Million in revenues for Rooshine. After the LOI is signed more details can be shared and will be forthcoming.

Also, we are happy to report that we're planning further updates on our progress with a leading Chinese wine distributor and the results of their tour of our facilities in Scotland. We are honored that a company of this size ($Billion plus in revenues) is interested in our line of spirits."

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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 alcoholic spirits. The Company entered into 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. Rooshine's proprietary process allow spirits to taste like a smooth 20-year aged spirit after only a week. Our smoking process allows a permanent infusion of the smoky flavors that last the entire bottle.

Statement as to Forward-Looking Statements

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
[e-mail]
www.drinkrooshine.com
Twitter:@rooshine

OTC-PK Symbol: (RSAU)

SOURCE: Rooshine, Inc.