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YUENGLING'S ICE CREAM - YCRM STOCK NEWS

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Yuengling's Ice Cream Corporation (OTC: YCRM) was founded in 1920 by Frank D. Yuengling to support the family brewery during Prohibition. In 1935, it became a separate entity known for making gourmet ice cream products in central Pennsylvania. After a hiatus, the brand was revived in 2014 with plans for expansion. Currently, the company is exploring a business combination with PickleJar Holdings, Inc., a Texas-based music and entertainment software company, to become a content-driven media network and live entertainment technology services provider. The recent acquisition of ReachOut Technology has further expanded Yuengling's portfolio into cybersecurity and IT services.

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Yuengling’s Ice Cream Corporation (OTC: YCRM) announces Rick Jordan as the new President & CEO and Director, following the acquisition of ReachOut Technology. Former President & CEO, Robert Bohorad, and Director, Everett Dickson, step down to assist with the transition.
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YCRM: Yuengling’s and PickleJar Holdings terminate MOU, no fees or liabilities, PickleJar identifies alternative public company for growth path
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Yuengling's Ice Cream and PickleJar Holdings have agreed to extend the deadline for their initial business combination from September 30 to November 15, 2023. PickleJar will deposit $150,000 into a trust account. The purpose of the extension is to provide Yuengling's with additional time to complete the proposed business combination with PickleJar. PickleJar has retained Fruci and Associates for the audit and Michael Best for legal representation. This announcement shows the commitment of both companies to the transaction, potentially positively impacting their stock prices.
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Yuengling’s Ice Cream settles and repays Convertible Promissory Notes, eliminating $13,500 and $22,000 debt to 1800 Diagonal Lending and Quick Capital respectively. No further obligations to each other. Business Combination with PickleJar Holdings to be announced by September 30, 2023.
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Yuengling's Ice Cream Corporation announces binding letter of intent with PickleJar Holdings for a proposed business combination. PickleJar expected to hold majority stake in post-transaction entity listed on OTC exchange. Yuengling's to change name to PickleJar Entertainment Group. Jeffrey James to continue as CEO of PickleJar. No concrete numbers or percentages provided.
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Yuengling’s Ice Cream Corporation (YCRM) has signed an exclusive licensing agreement with GPO Plus, Inc. (GPOX) to develop a new line of CBD and hemp-derived products inspired by Yuengling’s iconic ice cream flavors. The relaunch of Yuengling’s Ice Cream is planned for spring 2023. Incoming CEO Chuck Green highlighted the partnership with GPOX as a step to leverage the brand effectively, ensuring quality products. GPOX focuses on premium hemp-derived products and aims to establish sales channels complementing Yuengling’s legacy brand.

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Yuengling’s Ice Cream Corporation (OTC PINK: YCRM) announced a leadership change via a signed Letter of Intent. Charles Green will take over as President and CEO, replacing Robert C. Bohorad, who becomes COO and CFO. Both will receive a combined 25% equity carry, increasing with certain milestones. Green brings over 40 years of experience in the ice cream industry, notably with Ben & Jerry's. The company aims to expedite its product relaunch and explore potential acquisitions or licensing deals. A Definitive Agreement is expected within 45 days.

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FAQ

What is the current stock price of YUENGLING'S ICE CREAM (YCRM)?

The current stock price of YUENGLING'S ICE CREAM (YCRM) is $0.00615 as of May 16, 2024.

What is the market cap of YUENGLING'S ICE CREAM (YCRM)?

The market cap of YUENGLING'S ICE CREAM (YCRM) is approximately 2.4M.

When was Yuengling's Ice Cream Corporation founded?

Yuengling's Ice Cream Corporation was founded in 1920 by Frank D. Yuengling.

What is Yuengling's Ice Cream known for?

Yuengling's Ice Cream is known for producing gourmet ice cream products in central Pennsylvania.

What plans were made for the brand in 2014?

In 2014, the brand was revived with plans for expansion.

What business combination is Yuengling's exploring?

Yuengling's is exploring a business combination with PickleJar Holdings, Inc., a Texas-based music and entertainment software company.

What industry has Yuengling's recently entered into?

Yuengling's recently acquired ReachOut Technology, expanding into the cybersecurity and IT services sector.

Who was appointed as President & CEO of Yuengling's Ice Cream Corporation?

Rick Jordan assumed the role of President & CEO and Director of Yuengling's Ice Cream Corporation.

What was the purpose of the acquisition of ReachOut Technology?

The acquisition of ReachOut Technology aimed to expand Yuengling's portfolio into the cybersecurity and IT services industry.

What is the mission of ReachOut Technology?

ReachOut Technology's mission is 'Cybersecurity for All,' focusing on revolutionizing the cybersecurity & IT Service Provider landscape for SMBs.

Who is Rick Jordan, and what role does he play in ReachOut Technology?

Rick Jordan is the CEO and Founder of ReachOut Technology, leading the company's vision of excellence and market leadership in cybersecurity and IT services.

What media and TV appearances has Rick Jordan made?

Rick Jordan has appeared on global networks such as Bloomberg, Newsmax, Cheddar, and NBC, sharing insights on business, cybersecurity, and current events.

YUENGLING'S ICE CREAM

OTC:YCRM

YCRM Rankings

YCRM Stock Data

2.40M
319.49M
8.58%
Packaged Foods
Consumer Defensive
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United States of America
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