Apple Rush Company Inc (APRU)

[BuyNHold7]

Tony Torgerud interviewed

https://wallstreetanalyzer.com/2019/05/06/apple-rush-company-inc-otc-apru-interview-with-ceo-tony-torgerud/


I took a few notes. Definitely worth a listen.


- "Some big-box stores are looking at us right now."

- Expanding into Minnesota and Wisconsin

- Signed a deal in New Jersey, expanding there in the next few weeks

- Seeing growth in sales of private-label CBD products. "That's where the profit growth is gonna come from." A couple of deals in the works that could grow sales "exponentially."

- Producing 25,000 15 ml tincture bottles every week. Wants to ramp up to 75,000 per week.

- Testing CBD-infused Apple Rush blueberry product

- Expect announcement soon regarding new private-label licensing deal

- Former NFL running back Leonard Marshall helping company expand in New England

- Working on a variety of CBD products -- pain tabs, tinctures, deodorant, soap, vape oils, etc.

- Contracts signed for his purchase of all APRU shares held by LiveWire (15 billion shares); will reduce O/S count to 5 billion

- "Working with several large chain stores to put product into." (Not sure if he was talking about Apple Rush, CBD or both)