Monday, March 20, 2017 1:47:42 PM
http://www.marketwired.com/press-release/apple-rush-and-rushnet-announce-change-to-management-team-and-strategy-update-pinksheets-apru-1888062.htm
CHICAGO, IL--(Marketwired - Mar 12, 2014) - Apple Rush, Inc. (PINKSHEETS: APRU) and RushNet, Inc. (PINKSHEETS: RSHN) have
announced that
Robert Corr has resigned as CEO and director of both companies as of March 10, 2014.
ceo of lvvv lied he boughtout rshn
In contemplation of the recently announced acquisition of a
controlling interest
in Apple Rush by LiveWire Ergogenics, Inc (OTCQB: LVVV),
Tony Torgerud,
the current divisional sales manager of LiveWire,
has been appointed interim CEO pending the search for a permanent replacement.
Commenting on Mr. Corr's resignation and the appointment of Mr. Torgerud,
Bill Hodson,
CEO of LiveWire stated,
"We appreciate the contribution that
Bob has made to Apple Rush and his forward thinking about active ingredients in the beverage industry.
Apple Rush will continue to work with Bob to utilize his extensive contacts and relationships in the industry in order to expand its distribution platform.
Tony Torgerud has been instrumental in the development of markets
for the LiveWire brand and has a solid understanding of the LiveWire business model.
His experience will help us build a permanent management team."
Hodson commented further,
"During Tony's interim period Livewire
will be actively engaged in renegotiating and restructuring
Apple Rush's debt prior to the consummation of the transaction to acquire a controlling interest of Apple Rush.
The Apple Rush deal has always contemplated that a restructuring of
its balance sheet must be achieved before the transaction is
finalized so that Apple Rush emerges unimpeded by any legacy debt."
For more information about LiveWire Ergogenics, Inc.,
or to find a LiveWire Territory Manager near you, please visit http://www.livewireenergy.com.
About LiveWire Ergogenics, Inc.
(OTCQB: LVVV) and LiveWire Energy™ Chews
LiveWire Energy™ chews are manufactured in
Orange, California by LiveWire Ergogenics Inc.
Designed for consumers with an action-packed lifestyle,
LiveWire Energy™ chews are pocket-sized, portable alternatives
to bulky energy drinks or shots. Available in seven different flavors,
the Company's grab-n-go packaging responsibly displays the amount
of caffeine in each chew, including Citrus Mango (90 mg caffeine), Pomaberry (90 mg caffeine),
Chocolate (100 mg caffeine),
Mint Chocolate (120 mg caffeine),
Sour Apple (90 mg caffeine),
Cinnamon Fire (90 mg caffeine),
and Coffee (100 mg caffeine). Facebook: http://www.facebook.com/LiveWireEnergychews Twitter:
http://twitter.com/#!/EnergyChews LiveWire Ergogenics Inc. was
formed in 2008 and its products are available for purchase at
thousands of retail outlets nationwide or are available online at:
http://www.livewireenergy.com
Investor Information visit
http://www.otcmarkets.com/stock/LVVV/quote
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements,
the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events,
such statements are forward-looking, and are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
CONTACT INFORMATION
INVESTOR RELATIONS CONTACT
Bill Hodson
LiveWire Ergogenics, Inc.
714-940-0155
Email: Email Contact
Carmel Advisors LLC
877-412-3025
Email: Email Contact
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