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ROOSHINE INC NEW - RSAU STOCK NEWS

Welcome to our dedicated page for ROOSHINE NEW news (Ticker: RSAU), a resource for investors and traders seeking the latest updates and insights on ROOSHINE NEW stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ROOSHINE NEW's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ROOSHINE NEW's position in the market.

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Rooshine, Inc. (OTC PINK:RSAU) has achieved remarkable success at the Women's Wine and Spirits Awards 2022, winning three prestigious medals: GOLD for Mutiny Spiced Rum, GOLD for First Mate Blended Whisky, and SILVER for Skyline Gin. This recognition highlights the importance of female consumers, as they represent 80% of wine and gin purchases globally. Rooshine's unique aging process, utilizing electromagnetic pulse technology, allows them to produce premium spirits efficiently. The company has now accumulated 12 medals over four competitions, with more results pending.

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Rooshine, Inc. (OTC PINK:RSAU) has achieved significant recognition at the 2021 Craft Spirits Awards, winning three medals: Gold for First Mate Blended Whisky and Skyline Gin, and Silver for Mutiny Spiced Rum. The Spiced Rum stands out as the only awardee in its category, reflecting Rooshine's innovative aging process that enhances flavor. The awards validate Rooshine’s commitment to high-quality spirits and occur during a time of immense growth in the craft spirits market across multiple regions.

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Rooshine, Inc. (OTC PINK: RSAU) achieved significant recognition at the 2021 International Wine and Spirits Competition, the largest in its history with over 4,000 entries from 86 countries. The company’s Rooshine Mutiny Spiced Rum earned a prestigious Gold Medal with 96 points, while the Rooshine First Mate Blended Whisky received a Bronze Medal. This marks a successful debut for Rooshine's unique oak aging process, aimed at producing premium spirits more efficiently.

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Rooshine, Inc. (OTC PINK:RSAU) announced significant achievements at the 2021 International Wine and Spirits Competition, which drew over 4,000 entries globally. The company earned a 96 point Gold Medal for its Rooshine Mutiny Spiced Rum and a Bronze Medal for Rooshine First Mate Blended Whisky. The competition was noted for its record participation and high-level judging, with 80 experts conducting 18,000 tastings. Rooshine is focused on innovative aging processes, reducing maturation time while enhancing flavors.

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Rooshine, Inc. (RSAU) has launched its new E-Commerce site, DrinkRooshine.com, to expand customer access in the UK. The Company is partnering with AlphaGeek for ROI-based marketing to enhance brand visibility and customer retention. Their initial offerings include Rooshine First Mate Whisky priced at £59.00/$83.00 and Rooshine Mutiny Spiced Rum at £49.00/$69.00. The website will provide updates on product developments and the company's unique aging process.

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Rooshine, Inc. (OTC PINK: RSAU) has confirmed a 1-for-100 Reverse Stock Split, effective April 23, 2021. This adjustment will reduce outstanding shares from over 2.2 billion to approximately 22.2 million, aiming to enhance liquidity and appeal to larger investors. The new trading ticker will be RSAUD for 20 days. Max Gomez, CEO, expressed optimism about the move facilitating a potential uplisting to a senior exchange. Post-split, shareholders can expect automatic adjustments in their accounts, while physical stockholders need to request new certificates.

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Rooshine, Inc. (OTC PINK: RSAU) announced the acquisition of 150 barrels of premium 4-year-old whiskey, enhancing its inventory to 211 barrels. The barrels, valued at an aggregate of $2,511,035, are stored in Scotland and Holland. This initiative aims to strengthen the company's balance sheet and explore opportunities in the fine spirits auction market. The company focuses on high-end alcoholic spirits and has a licensing agreement with The International Spirit Vault Ltd for distribution.

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FAQ

What is the market cap of ROOSHINE NEW (RSAU)?

The market cap of ROOSHINE NEW (RSAU) is approximately 4.7M.
ROOSHINE INC NEW

OTC:RSAU

RSAU Rankings

RSAU Stock Data

4.66M
22.65M
Beverages - Wineries & Distilleries
Consumer Defensive
Link
United States of America
Ormond Beach