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Wednesday, 08/21/2019 2:39:10 PM

Wednesday, August 21, 2019 2:39:10 PM

Post# of 11572
$ARSN ~ 1st QTR Earnings $156,529 announced >>

Aureus/Yuengling's Ice Cream Comments on the Posting of Second Quarter Financial Statement with Robust Earnings and Strong Balance Sheet

https://finance.yahoo.com/news/aureus-yuenglings-ice-cream-comments-124500853.html

“This is a strong launch for the Aureus/Yuengling alliance,” said Everett Dickson, CEO of Aureus. “For the period ending April 30, 2019, the company reported earnings of $156,529 and total assets of $2,006,015. We are quite gratified to be able to post these initial figures for Aureus and our Yuengling’s Ice Cream subsidiary. If certain details completing the acquisition had not taken longer than anticipated, we would have attempted to launch at a time other than the winter and spring months, which are traditionally the slower months in this space. Nonetheless, it’s a marked indicator of the kind of regional brand loyalty that Yuengling’s Ice Cream enjoys, that we can post these kinds of results during what is normally the less active ice cream sales season.”

About Aureus, Inc.

Management and ownership recently changed hands. The new focus is on acquiring specific assets in and related to the food industry, with a focus on ice cream. Aureus owns the assets and trademarks of rights to the Yuengling Ice Cream brand, and the exclusive right to market and sale the products of the brand. The goal of Aureus in the operation to consolidate all factors that are positive for the Yuengling brand into a synergistic success for Aureus shareholders as well as the next generation of Yuengling consumers.

About Yuengling's Ice Cream

Developed by American businessman Frank D. Yuengling, as a dairy business to help support the Yuengling family brewery during the 1920s Prohibition period, Yuengling's Ice Cream has a strong tradition of making exceptional gourmet ice cream products in central Pennsylvania. The fan-favorite brand continues advancing its legacy and its renowned dairy quality, by using locally sourced dairy ingredients that contain no added hormones.

David Yuengling and Rob Bohorad revived the brand in 2014 and an American classic was re-born. In 2018, positioned for the brands next stage of development, Yuengling's Ice Cream forged a partnership with YIC - Online Distributors, to distribute the iconic ice cream brand online, now via Aureus. Today, Yuengling's Ice Cream is delivered directly to the doorsteps of its consumers across the nation.

The Yuengling's Ice Cream Corporation- as it has been since 1935- is stand alone, and separately owned and run companies from D. G. Yuengling and Sons, Inc Brewery

http://www.aureusnow.com/

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