R- Three Technologies Inc. Announces Definitive Acquisition Asset Agreement
LOS ANGELES, Dec. 15, 2020 (GLOBE NEWSWIRE) -- via -- R- THREE TECHNOLOGIES INC. (OTC under symbol RRRT) is pleased to announce that they have executed a definitive Asset Purchase Agreement of Mr. Robinson’s Giddy Up Energy Products assets, including corporate trademarks, logos, product formulations and business plan to market the products he and his team have created.
About Giddy Up Energy Products
The future direction and activities of the Company will be headed by James L. Robinson, who has over forty-five years of experience as an entrepreneur in the entertainment, food and beverage industry. His vision foresaw where the energy beverage industry was going, which inspired him to form Giddy Up Energy Products and rekindle his former relationships with the top distribution leaders, vendors, brokers and other key people in the beverage industry; one of our most valuable assets.
He has recruited a team of seasoned professionals in sales, distribution, marketing, advertising, promotion, social media and training in the food and beverage industry to launch Giddy Up Energy Products in 2021. Key announcements will be made in the near future naming members of our Executive management team and high-profile advisors.
Our initial goal is to develop and manufacture healthier, premium nutritional energy products without compromising quality or taste. Our products will combine all-natural flavors, herbs, multiple vitamins, proteins and other nutritionally enhanced ingredients.
The excitement of the new millennial generation and the energy products market explosion brings about tremendous opportunities and potential growth in what Giddy Up Energy Products can achieve for our loyal shareholders.
Giddy Up Energy Products will initially be a wholesale manufacturer, engaged in marketing and distribution of carbonated and non-carbonated energy drinks, shakes, protein energy bars, and related health related nutritional products. The company manufactures under strict GMP guidelines at GMP Certified and/or FDA registered facility.
Stan Kolaric, CEO of the company, commented, “I am very pleased the acquisition of Giddy Up Energy Products Inc. is promising new phase for R Three Technologies Inc. and its shareholders. With vertical integration taking effect immediately, we believe this new acquisition will solidify company as one of the major producers of new millennial generation energy product. We look forward to closing the 2020 on a high note and array of new initiatives in 2021 with the motto IT’S TIME TO GIDDY UP.”
James L Robinson, President and COO of R- Three Technologies Inc., stated, “I am honored and humbled for this opportunity to establish RRRT as a major player in the Food & New Age Beverage industry in 2021 and beyond.”
About R Three Technologies Inc.
R Three Technologies’ past business plan was to help alleviate the global environmental crisis in waste management in a unique, proprietary way. By pursuing that goal and adhering to its previous business plan, the management believed the Company could provide financial benefits to its shareholders, venture partners, employees and the communities in which it operates. The Company was going to manufacture high quality, durable, environmentally friendly interlocking bricks, architectural blocks, sound barrier panels and related products at very competitive prices. It was our goal to become a recognized leader in the industry in many areas including customer satisfaction, to grow, to have annual profitability and to establish long-term business relationships.
The Company will now be in the Food and Beverage Industry.
MEDIA CONTACT INFORMATION
LYNN ALLEN JETER & ASSOCIATES
(323) 933-8007-OFFICE
(323) 939-7361
EMAIL:
R THREE TECHNOLOGIES Inc.
James L. Robinson
President COO
Forward Looking Statements:
This press release includes a number of forward-looking statements that reflect Management's current views with respect to future events and financial performance. You can identify these statements by words such as “may,” “will,” “expect,” “anticipate,” “believe,” “estimate” and “continue,” or similar words. Those statements include statements regarding the intent, belief or current expectations of us and members of our management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risk and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in this press release and our filings as posted on the OTC markets and with the Securities and Exchange Commission. Important factors currently known to Management could cause actual results to differ materially from those in forward looking statements. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in the future operating results over time. We believe that our assumptions are based upon reasonable data derived from and known about our business and operations. No assurances are made that actual results of operations or the results of our future activities will not differ materially from our assumptions. Factors that could cause differences include, but are not limited to, expected market demand for our products, fluctuations in pricing for materials, and competition.
