Rooshine Adds 150 Barrels of 4-Year-Old Whisky to Stockpile
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.
- Acquired 150 barrels of premium whiskey, increasing total to 211 barrels.
- Total barrel inventory valued at $2,511,035, indicating potential asset strength.
- Plans to explore a secondary business line in the fine spirits auction market.
- None.
ORMOND BEACH, FL / ACCESSWIRE / March 5, 2021 / Rooshine, Inc. (OTC PINK:RSAU) an importer, distributor and seller of premium alcoholic spirits, today announces it has acquired 150 barrels of premium 4-year-old whiskey at
The goal of this program is several-fold, but the primary and secondary intentions are (1) to strengthen the Company's balance sheet with an appreciable asset base and (2) to provide a potential secondary line of business in the fine spirits auction market.
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 high-end alcoholic spirits. The Company has a Brand Licensing Agreement with The International Spirit Vault Ltd (ISV), to be the exclusive worldwide distributor of ISV's Rooshine brand of spirits. Rooshine's proprietary processes allow spirits to taste like a smooth 20-year aged spirit after aging only a week.
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:
Max Gomez, CEO
Rooshine, Inc.
email: max@drinkrooshine.com
SOURCE: Rooshine Inc.
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https://www.accesswire.com/633713/Rooshine-Adds-150-Barrels-of-4-Year-Old-Whisky-to-Stockpile
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