Replies to post #13468 on Yuengling's Ice Cream Corp (YCRM)

[buythebuy]

That sounds about right. ARSN

[ehihub]

Correct.
September 24 PR:
“We have been able recently to aggressively execute on our business model. Some examples include:
We structured a recent asset purchase that reduced the liability of Yuengling's Ice Cream by nearly $3mm.
We have greatly expanded our distribution footprint. Since closing the acquisition in July, Yuengling's has picked up several new distributors and retailers, representing nearly 20,000 potential new stores.
We have added some key employees with deeply relevant industry experience.
We have added several new products, including a bold new High Protein Lite ice cream line.
We have positioned the company to become fully reporting in the near term future with an eye toward up-listing.
We have brought on new production capacity to accommodate growth.
We are engaged with deeply resourced investment bankers to bring in equity capital for additional acquisitions that are in the works.

[work-n-hard]

20,000 POTENTIAL locations. Should be like most retail ventures, they give them some "starter" stores and if it goes well, they start to expand.
Just like Walmart. The last we could verify, I think they got in 3 or 4, then a while later another one. I believe it was NJ-Pa area?