NEW YORK, June 6, 2013 /PRNewswire/ -- Total Apparel Group, Inc. (Pink Sheets: TLAG, hereinafter the "Company") announces that it has assigned its' minority interest in Village Tea Company Distribution, Inc., the owner of the Village Tea Company brand of premium loose leaf tea and tea accessories to DC Brands International, Inc., (HRDN) the owner of the H.A.R.D. Nutrition, label of functional water systems and nutritional supplements. The Company believes that this transaction will benefit the long term goals of both Village Tea Company and Total Apparel Group, as it seeks to address short term needs as a part of a major restructuring process that it will undergo over the next several months.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.