Apple Rush Receives $100,000 in Funding to Introduce Newly Designed Organic Beverage Line
21 Juillet 2010 - 2:30PM
Apple Rush Co., Inc. (Pink Sheets:APRU) is pleased to announce that
the Company has received $100,000 through a joint venture agreement
with Stealth Funding, LLC for the purchase of new inventory with no
dilution to its existing shareholders. Through this joint venture
agreement, Apple Rush has acquired a fifty percent equity position
of Apple Rush II, LLC. Stealth Funding has invested $100,000 in
return for its fifty percent equity position in the joint venture
company. The Company's use of funds includes but is not limited to
an August production run, marketing activities, newly designed
logo/packaging and the renewal of its organic certification
https://www.issuerdirect.com/corporate/mediaroom/69036.
The Company's August production run will tout its newest flavor
-- Blueberry -- as it prepares for the national distribution of its
newly designed organic product line. The new packaging is unique
and is reminiscent of when some soft drinks came in real wooden
crates. End aisle displays have been designed for large retail
grocery stores throughout the United States
https://www.issuerdirect.com/corporate/mediaroom/69034.
The demand for organic products in international markets has
increased significantly, and, experts say will continue to rise.
According to a 2010 industry survey by the Organic Trade
Association, U.S. organic food sales grew from $1 billion in 1990
to $24.8 billion in 2009. Apple Rush will continue to target
schools, supermarkets and organic stores nationwide with its August
1st production run. Many supermarkets have already accepted the
Company's products for placement in their store's produce
sections.
"Undersupply has been an issue of the organic beverage industry
for a number of years due to demand exceeding supply," stated
Robert Corr, President of Apple Rush Co., Inc. "With this funding
and additional funding in the plan, we will be able to provide the
market with a steady stream of product and take full advantage of
this large demand. In time, we expect the Apple Rush™ line to be
fully distributed throughout the country and available in most of
the national retail grocery chains."
Apple Rush recently announced that the Company's organic juice
product line offers children a healthy drink alternative.
Consumption of 100 percent fruit juice is closely linked to
improved nutrient intake and overall diet quality in children and
teens, according to new research presented at the Experimental
Biology (EB) 2010 meeting.
About Apple Rush Co., Inc.:
Apple Rush Company, Inc. is a producer of Organic 100% Juice
Sparkling Beverages. The company markets its products through a
distribution network throughout the U.S. and in foreign markets.
The Company's flagship product line of Organic Apple Rush™
Sparkling Beverages currently has organic flavors in glass bottles
and the top three sellers are in cans. For more information on
Apple Rush Co., Inc., visit: www.applerush.com
Safe Harbor: The Company relies upon the Safe Harbor Laws of
1933, 1934 and 1995 for all public news releases. Statements, which
are not historical facts, are forward-looking statements. The
company, through its management, makes forward-looking public
statements concerning its expected future operations, performance
and other developments. Such forward-looking statements are
necessarily estimates reflecting the company's best judgment based
upon current information and involve a number of risks and
uncertainties, and there can be no assurance that other factors
will not affect the accuracy of such forward-looking statements. It
is impossible to identify all such factors. Factors which could
cause actual results to differ materially from those estimated by
the company include, but are not limited to, government regulation;
managing and maintaining growth; the effect of adverse publicity;
litigation; competition; and other factors which may be identified
from time to time in the company's public announcements.
CONTACT: Apple Rush Co., Inc.
Investor Relations
(407) 389-5900
Apple Rush (PK) (USOTC:APRU)
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