Tuesday, March 12, 2024 7:08:45 PM
On December 18, 2023, the Apple Rush Company, Inc. transferred by wire the $255,000 balance to Lena Brewing, Inc. (“Lena Brewing”) to pay off outstanding promissory notes to various founders of Lena Brewing.
This text says explicitly that APRU wired $250,000 to Lena. It implies the transferred money was immediately forwarded onto founders. It implies the previous $500,000 was also sent directly to Lena. There is no mention of escrow.
What exactly causes you to "imagine" that the money is sitting in escrow? You may be right- Tony lies a lot. But Tony also makes lots of terrible business decisions.
Which attorney wrote it? Did that attorney tell you the money is in escrow? If the money is in escrow, then the attorney wrote a false statement.
Recent APRU News
- Kona Gold Beverages & Apple Rush Co. Execute Joint Venture & Manufacturing Agreement • InvestorsHub NewsWire • 04/11/2024 01:40:00 PM
- Apple Rush Company Inc. Sets Sights on $10,000,000 Revenue Surge with Strategic Roadmap • InvestorsHub NewsWire • 02/15/2024 02:43:28 PM
- Apple Rush Company, Inc. Unveils Bold Plan: Anticipates Reducing Up to 3 Billion Shares and Bolstering Shareholder Value • InvestorsHub NewsWire • 02/09/2024 06:08:58 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM