The Company has also begun its audit process on its Form 10 and expects to file with the SEC in the next 3-4 weeks. Upon the effectiveness of the Form 10 (61 days after its filing), the Company will become a reporting company to the SEC.
Vortex Brands recently executed a licensing agreement to market and sell products manufactured by Vortex in the United States. Under the license agreement, the Company may sell tennis racquets and other tennis related products under the trademarked name of Vortex Tennis. Under this exclusive license, the Company shall purchase from Vortex Tennis the licensed products and resell the products to consumers within the United States. We will obtain the rights to sell under www.vortextennis.com on June 1, 2014.
About Vortex Brands
Vortex Brands recently executed a licensing agreement to market and sell products manufactured by Vortex in the United States. Under the license agreement, the Company may sell tennis racquets and other tennis related products under the trademarked name of Vortex Tennis.
The product is currently for sale at www.vortextennis.com.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports.
Contact: | ||||
Vortex Brands Co./ | ||||
Tom Olmstead | ||||
(949) 461-1469 | ||||
By press release
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