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Tuesday, May 06, 2014 1:31:07 AM
LiveWire Ergogenics, Inc. Announces Purchase of Majority Stake in Apple Rush Company, Inc. and Apple Rush Company Inc. to Be Renamed LiveWire Herbaceuticals, Inc.
YORBA LINDA, CA, Mar 06, 2014 (Marketwired via COMTEX)
LiveWire Moves to 60,000 Square Foot Production Facility
LiveWire Ergogenics, Inc. (OTCQB: LVVV) announced today that it has signed a Memorandum of Understanding to purchase a controlling interest in Apple Rush Co, Inc. (PINKSHEETS: APRU). Terms of the purchase include the payment of cash and shares, and upon completion Apple Rush Co, Inc. will be renamed LiveWire Herbaceuticals, Inc. and remain publicly traded.
LiveWire will acquire the "CANNA RUSH" and CANNA BLISS" brands along with the formulas, intellectual property and applied-for trademarks. The acquisition will also include the licenses for the Apple Rush and Ginseng Rush brand held by RushNet Inc.
"We are excited to join the LiveWire family," commented Robert Corr of Apple Rush. "Their products and strategy to revolutionize functional consumer products complements our established brand names.
There is a great deal of excitement about the future of medical marijuana, and we want to partner with someone who can produce high quality, precision-dose, legal CBD products.
LiveWire, along with its manufacturing partner, now has the ability to provide full product development from concept to full scale commercial production for both the LiveWire family of brands, as well as established brands and private label companies.
http://www.otcmarkets.com/stock/APRU/news
My words: "If Im reading this corecly: LiveWire Herbaceuticals, Inc. APRU will have the "CANNA RUSH" and CANNA BLISS" brands along with the formulas, intellectual property and applied-for trademarks,
as well as the licenses for the Apple Rush and Ginseng Rush brand preveously held by RushNet Inc."
There has been a lot of talk on the iHub boards about LVvv owning APRU and "CANNA RUSH" and CANNA BLISS" brands along with the formulas, intellectual property and applied-for trademarks as well as
the licenses for the Apple Rush and Ginseng Rush brand held by RushNet Inc.
If you go back and reed the Mar 06, 2014 news,
This is what it says now:
LiveWire Ergogenics, Inc. Announces Purchase of Majority Stake in Apple Rush Company, Inc. and Apple Rush Company Inc. to Be Renamed LiveWire Herbaceuticals, Inc.
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