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Apple Rush Company, Inc.(Otcpink:APRU), a leading player in the functional beverage industry,proudly announces it has cleared up final details of brand ownershipwith Bob Corr and Corr Brands, Inc. Tony Torgerud, CEO of Apple Rush,has negotiated a historical closing on the rights and trademarks ofCorr Brands, Inc. In the transaction, Bob Corr has agreed to transferthe rights of the Corr Brands, Inc. trademarks and to forgo anyroyalties from previous agreements to give Tony and Apple Rush thebest opportunity to succeed moving forward. Tony Torgerud said, “Ihave been negotiating for a year with Bob and he finally felt it wastime to work out an agreement that would benefit everyone. Over thenext couple months, all the required paperwork will be filed fortransference and updates on all intellectual property held by CorrBrands, Inc. Not having to pay royalties will add thousands to thebottom line.” This agreement solidifies the future of the“Rush” family of brands that have been in the market since 1972. Bob Corr stated, “I want to see Apple Rush succeed and I feel thetiming is right to get this deal done. I retired a long time ago andit is now time to write the next chapters of this story and with AppleRush having its own production capabilities and its own tunnelpasteurizer, it is an opportunity that shouldn’t be wasted. I havegiven up hundreds of thousands of dollars in royalties, licensing feesand shares to enhance shareholder value.” With our pilot productionabilities, we hope to do some reformulations to introduce a 2024version of Ginseng Rush and the relaunch of the original Apple Rushflavor line. Apple Rush has held a license for 13 states andInternational distribution for the last 8 years and now owns the IPwithout paying the $5,000 per state license, another bottom line gainfor all of our stockholders.
About The Apple Rush Company, Inc.
The Apple Rush Company, Inc., through itssubsidiary APRU, LLC, is a distributor of CPG products under thetrademarked Apple Rush brand, Element brand and other labels. TheApple Rush brand has more than 50 years of existence in the naturalbeverage industry. As a historical leader in the organic and naturalbeverage sector our goal is to now become a leader in the distributionof anhydrous hemp oil products nationwide. For more information,please go to www.aprubrands.com , www.element-brands.com ,elementk.kratomwave.store www.alkhemicalroots.com with our expanded product portfolio.
Safe Harbor Act: Forward-Looking Statementsare included within the meaning of Section 27A of the Securities Actof 1933, and Section 21E of the Securities Exchange Act of 1934, asamended. All statements regarding our expected future financialposition, results of operations, cash flows, financing plans, businessstrategy, products and services, competitive positions, growthopportunities, plans and objectives of management for futureoperations including words such as "anticipate," "if,""believe," "plan," "estimate,""expect," "intend," "may," "could,""should," "will," and similar expressions areforward-looking statements and involve risks, uncertainties andcontingencies, many of which are beyond our control, which may causeactual results, performance, or achievements to differ materially fromanticipated results, performance, or achievements. We are under noobligation to (and expressly disclaim any such obligation to) updateor alter forward-looking statements, whether as a result of newinformation, future events or otherwise.
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Apple Rush Company, Inc.
TonyTorgerud
+1 888-741-3777
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