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Put me in coach
Full Alliance Group's (FAGI) Nutra Yu Enters Exclusive Distribution Partnership and Relocates to Automated 50,000 Sq. Ft. Warehouse Facility in California
2019-03-19 09:46:18 AM ET (ACCESSWIRE)
PALM DESERT, CA / ACCESSWIRE / March 19, 2019 / Full Alliance Group, Inc. (OTC PINK: FAGI) ("Full Alliance Group"' or the "Company"), is pleased to announce that Nutra Yu. Inc. ("Nutra Yu"), a wholly-owned subsidiary of the Company, has entered into an agreement for the exclusive distribution of its nutraceutical and supplement products (the "Agreement").
Under terms of the Agreement, Nutra Yu has entered into a 50/50 Net Profits partnership with distribution and channel marketing expert Mr. Alon Sida, founder of leading online retailer Shoezoo, for his organization to exclusively distribute the entire "Dr. Louie Yu FormulationsT" nutraceutical product line through its automated 50,000 sq. ft. warehousing facilities and to develop/access new distribution channels for the company. Services provided on behalf of Nutra Yu will include all online sales management, online marketing, customer service, inventory management, warehousing, shipping and returns. Additionally, the Agreement allows for Nutra Yu to co-locate the Dr. Louie Yu Formulations operational headquarters within Shoezoo's Los Angeles warehouse facility. In connection with the Agreement, Full Alliance Group will also issue 2,000,000 restricted shares of its common stock.
Shoezoo is an online retailer and distribution company specializing in selling products on US and international marketplaces, flash sale sites and other online sales channels. Shoezoo was founded in 2007, selling brand name footwear online, and are currently offering a variety of products in different categories that are featured on more than 30 international ecommerce platforms including Amazon, eBay, Walmart.com, Wish.com, Groupon, Overstock, Google Shopping, Jet.com, Newegg, and many more.
Shoezoo's 50,000 sq. ft. fulfillment center, centrally located near LAX, enables its partners to avoid the hassle of storing inventory and or dealing with warehousing. Shoezoo handles inventory receiving, picking, packing, shipping, and returns. Shoezoo has the knowledge and experience needed to handle every aspect of online selling, grow partner businesses, and build brand awareness. Selling partners provide the products, Shoezoo takes care of the rest.
Dr. Paul Brian Volpp, CEO and President of Full Alliance Group, stated, "Alon Sida and Shoezoo first made a name for themselves selling footwear online, but very much like Amazon.com, they leveraged their expertise, established distribution channels, and fulfillment capabilities to help other suppliers and manufacturers get exposure, grow sales, and maximize profits."
"This cost and profit sharing partnership immediately provides the Dr. Louie Yu Formulations product line with a new headquarters and high-capacity warehousing, distribution, and customer service operations. Not only will this save valuable time and an enormous amount of upfront capital, but it will also enable Dr. Yu to better focus on product development, manufacturing, and quality control."
Alon Sida, commented, "Over the past 12 years, we have worked hard to build and refine an extremely dynamic and efficient online marketing, sales, and distribution network. Through partnering with innovative suppliers and manufacturers like Nutra Yu, we can boost their business model to the next level with our proven marketing knowhow and backend systems. It's a definitely a win-win for both companies. I look forward to working with the entire Full Alliance team to distribute Nutra Yu products around the world."
About Nutra Yu, Inc.
Nutra Yu, Inc. was founded by Dr. Yu to further develop, market, and distribute his proprietary line of nutraceuticals. Nutra Yu's ''Dr. Louie Yu Formulations'' are a complete product line of unique all-natural nutraceuticals based on the science of traditional Chinese medicine, Western orthomolecular concepts, and modern-day physics. This innovative fusion of eastern and western methodologies has generated a remarkable new scientific system which management believes effectively addresses the root of most daily health conditions - inflammation, weight gain, the loss of vital energy, and environmental toxicity.
The Dr. Louie Yu Formulations brand currently consists of more than ten (10) distinct products, including multivitamins and minerals, amino acid blends, immune boosters, digestion aids, sleep aids, stress relief, and hormone support. Dr. Yu's orthomolecular formulation of ingredients are not found in any other supplement product and contain no starch, corn, milk, wheat, yeast, sugar, caffeine, eggs, salt, artificial colors, binders, flavors, preservative or fish derivatives. Dr. Louie Yu Formulations are sold direct to consumers via various Dr. Yu clinics/practices and recently online through Amazon.com.
For additional information regarding Nutra Yu, visit www.drlouieyu.com.
Sincerely,
Dr. Paul Brian Volpp
President & CEO / Director
Full Alliance Group Inc.
About Full Alliance Group Inc.
Full Alliance Group Inc. (OTC PINK: FAGI) is a multi-faceted holding company with various interests in technology, healthcare, and nutraceuticals.
For additional information.
Full Alliance Group Inc. Investor RelationsDave DonlinEmail: Info@TheCervelleGroup.comPhone: 407-490-6635
Web: www.StockInvestorDaily.comvisit www.fullalliance.comContact: ir@fullalliance.com
FORWARD-LOOKING STATEMENTS
This shareholder update may contain a number of forward-looking statements. Words and variations of words such as: "expect"', "goals"', "'could", "plans", "believe", "continue", "may", "will", and similar expressions are intended to identify our forward-looking statements, including but not limited to: our expectation for growth, benefits from brand-building, cost savings and margins. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to: continued volatility of, and sharp increase in: costs/pricing actions, increased competition, ability to raise sufficient operating capital, risks from operating internationally, consumer weakness, weakness in economic conditions and tax law changes.
SOURCE: Full Alliance Group, Inc.
Take your pick.
Please post the response from IR.
A birdie told me a Super 8-K is currently being worked on.
Quiet accumulation by people with inside knowledge IMO we'll see a pop soon how big it will be is your guess.
Sorry you got caught with your pants down on that divi situation. This will run again and the divi will never be addressed by the company. Thats OTC Land.
I’m just here for the tax loss lol so I can enjoy it. Can a mod sticky this?
Why would it move with no proof of filled developments on OTC’s disclosure service.
Where's the PR on the merger.
Float is north of 20 Million
Good luck with that.
There will be no legal repercussions on anyone including brokers, DTC, TA, FAGI....Only those who don't make there broker accounts whole again. Try and sue the brokers or who ever peep's think are to blame your only throwing good money after bad.
Lol Z I like you, mostly I can agree with your points. I think the dividend was a large mistake deliberate or not. I do not feel it was shorts of any kind. The divi was going to be shares if anything and that wasn’t even to be expected as it’s on hold. I have said from moment one I don’t care about the dividend it’s peanuts just think what noobs lost yesterday compared to the laughable 10% share dividend this is a penny stock if you had a 100k in shares you would get 10k for your divi so that’s a whopping $400 in value if you want to use 0.04 cent as a share price on average as of late. $400 bucks?!! Haha how much did people that actually got margin called yesterday loose? I bet it’s a lot more than that. Screw the dividend where’s the company developments? And if there isn’t any well this is just another one that could of been and didn’t. That’s Penny Land!
I'll also add that at this point I'm calling this a tax loss I'll ride this until 0.00, Who know's may get lucky.
Sit, watch, and listen.
Lol, I’m just here for the comments. Until lift off :)
We got it in Canada
Nor you or I have the answers. I'll be updated along with everyone else when the next PR is made available.
Yes that RTO.
No that would of happened by now I'm referring to the RTO.
A PR of some kind has to be looming!
Mike you should call TD Canada ask if there’s a pay out in the way of a qualified dividend in the depository for you. I had to talk to the corporate actions / custodial dept by the time they located the info.
Can’t open the link
What’s FUD?
It’s a great theory but if I was getting that kinda of coin and knew to expect it on the 16th and it didn’t show I think there would be some resolve or alert from our brokers or governing bodies by now. Not to mention this isn’t simply a key stroke mistake if it was how did everyone get the correct amount and how did it know not to issue after the ex date. Shit would be locked down by now there would be headlines by Farmers Bank shareholders how they were robbed of there dividend by negligence. This isn’t small money we’re talking about.
There’s definitely a buyout in the works. The 10 cent divi is supposed to be some sort of a cherry on the top for the shareholders apart of something we don’t have the details on yet. Time will tell. This was not a result of shorts, Canadian rules won’t allow any shareholder’s(in Canada/Me) shares to be borrowed for shorting if the share price trades below a $1. So if it was the shorts I wouldn’t get the Dividend as my shares weren’t borrowed for shorting. Would love to hear commentary.
Ok so finally TD Canada has gotten back to me. There is an order in their depository to pay me a "qualified dividend" of .10 USD for every FAGI Share I hold. They have not received the funds yet due to it being in the US but also said when coming from another country it can take up to 10 business days from the payment date to land in my account.
Z are we expecting news today?
WI,
How did yours show up? As a "qualified dividend"?
Janice, wouldn’t you think a PR is warranted from the Company regardless of there involvement or not...
JT the float is over 20 Mil you know that right?
Expecting any kind of PR today?
Not a single Canadian Brokerage distributed it.
What exactly are the US Brokers calling it?
Hey TIZZUNI Thanks for reaching out I use the same. If you find out anything or see anything show up let me know, I'll do the same!
Any other posters here with canadian accounts?
Id love for this to be real, They would only pay on the shares that were shorted though right?
TD Canada said it's a no go. I called and the rep was very thourogh in checking on this he didn't want to send me away empty handed. Sadly he did.
Maybe, No doubt anyone can make a trade like that for fun, I have seen New's materialize after trades like that in the past.
Two 911 trades so far