$BRYN moving on news!
Excelsior Solutions (OTC: BRYN) Enters Into Letter of Intent to Acquire Healthy Harvest Mushrooms, Inc.
Press Release | 01/31/2023
Excelsior Solutions Corporation, (Bryn Resources, Inc., OTC Markets: BRYN) is pleased to announce a Letter of Intent to acquire 51% of Healthy Harvest Mushrooms, Inc. (HHM), a California corporation. HHM has established itself in August 2022 as a sales and marketing company for mushrooms and mushroom products through their online website www.phoenix-fungi.com. In addition, HHM will focus on the sale of certain mushroom varieties as a wholesale distributor to retail stores, restaurants, hotels, and cruise ships.
As our first potential acquisition, BRYN is now focused on acquiring new companies to expand our base and to increase revenue based upon our existing subsidiaries, says Kim Moore, Chairman of the Board and CEO. We have built the necessary infrastructure to support companies in their growth stages, and upon becoming sustainable, we will either take then public, or retain them as a subsidiary.
The Letter of Intent was signed on January 24, 2023 and both parties expect the final Definitive Agreement to be signed within a few weeks.
About Excelsior Solutions Corporation (Bryn Resources, Inc.)
Excelsior Solutions Corporation (www.excelsiorsolutions.biz) is dedicated to providing corporate, capital and communication infrastructure to small businesses globally. The objective is to provide our clients with the critical business infrastructure necessary so they can focus on growing their business. Our three operating subsidiaries provide transfer agency services to both private and public companies around the world, corporate secretarial services and our VybeOffice online business management/communication platform allows companies to manage their businesses remotely. Excelsior Solutions is traded on the OTC Markets with the trading symbol BRYN.
Safe Harbor Statement
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Corporate Contact:
Excelsior Solutions Corporation
CEO: Kim Moore
Tel: 647-417-8173
