Friday, December 17, 2010 11:24:40 PM
Luke Entertainment, Inc. Acquires AccuBrite Ink to Market Alternative to the World's Most Expensive Liquid
9:53a ET November 18, 2010 (GlobeNewswire)
Luke Entertainment , Inc. (Pink Sheets:LKEN) announces today that it has acquired 100% of the shares of AccuBrite, Inc. (www.accubrite.com), a private company that manufactures and distributes a line of 25 high quality consumer focused inkjet refill kits.
In their recent Television commercial campaign, Kodak states, "The most expensive liquid is no longer found in the Middle East. It's found in your InkJet Printer Cartridges." AccuBrite is confident they've leveled the playing field with some extraordinary technology and access to market.
According to AccuBrite execs, "It's a compelling strategy to counter the outrageous price of OEM inkjet cartridges and the tiny amounts of ink in each of those OEM inkjet cartridges. What the founder has created is a product unlike any other inkjet refill product on the market today. FreeInk4Life(TM), for one, delivers customers a lifetime of free premium inks along with the tools, knowledge and support so that anyone -- absolutely anyone -- can enjoy independence and freedom from big brand ink tyranny."
AccuBrite is in discussion with several major retailers for its technology alongside a an independent marketing and direct sales strategy with the ability to take on business of any size. The company looks to make executive announcements in the coming days as well as a business model and marketing overview for shareholders to preface company progress and updates toward its short and long-term goals for success
Looking at the date of this anouncement, I couldn't help noticing the big spike in price all the way to .038 with only the anouncement of the aquisition of the company AccuBrite Ink, but now, We have a real product OUTin the market and most likely will be a ball out the park, IMHO, please fasten your seatbelts on Monday because it will fly sky high, again this is only the observation of a humble share holder that wishes only the best for everyone here,
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