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Tuesday, March 23, 2021 1:23:23 PM
made in Q1 of 2021. The Company’s management is in negotiations with additional potential investors.
Rooshine, Inc has purchased 4 additional 200-liter barrels of 4-year-old Whisky at 69% ABV to add to the 52-barrel
purchase announced on November 13th of 2020, and subsequent to this year-end reporting period, acquired an additional 150 barrels
of premium 4-year-old whiskey at 68% ABV stored in premium Kentucky Bourbon Barrels. This brings the Company’s total barrel
inventory to 215. with and insured value of $2,519,035.00. The goal of this program is several-fold, but the primary and secondary
intentions are (1) to strengthen the Company’s balance sheet with an appreciable asset base and (2) to provide a potential secondary
line of business in the fine spirits auction market with limited releases.
Subsequent to this year-end reporting period, the Company has secured a revolving line of credit and will use this line of credit to secure
additional barrel inventory over the course of 2021 dispensing of the liability with revenue from sales of Rooshine product and limited
release events.
Subsequent to this year-end reporting period, the Company has executed an agreement with Derbyshire Distillery in the United Kingdom
whereby Derbyshire will package Rooshine Spirits and sell those packaged goods via Derbyshire’s existing distributions channels, and
the Company will provide Derbyshire with bespoke aged Whisky and Rum in bulk for their own brand. As part of this agreement
Derbyshire Distillery will be selling Rooshine products through their existing distribution channels across the UK, and Rooshine
products will also be available via their website for customers internationally. To that end, Derbyshire is in possession of and will begin
bottling the 3 IBC’s of Rooshine product reported to the market in our Q3, 2020 Disclosure, which include a 1,000 Liter IBC of Dark
Rum, a 1,000 Liter IBC of Spiced Rum, and a 1,000 Liter IBC of Whisky. Derbyshire will begin packaging this product at the end of
March 2021.
OTC Markets Group Inc. Page 8 of 14
Subsequent to this year-end reporting period, the Company has executed an agreement with a Canadian company to enable the sales
and distribution of Rooshine's products throughout Canada through a licensed distillery. This Canadian company is also launching its
own brand of custom aged spirits supplied by Rooshine, Inc, that will be available throughout Canada, US and UK Markets in the
coming months.
https://backend.otcmarkets.com/otcapi/company/financial-report/274696/content
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