July 16, 2018
RSSV to be exclusive distributor of CancerROP's genetic testing products in Malaysia
Future plans to expand to Singapore, Indonesia and China
Kuala Lumpur, Malaysia / TheNewswire / July 16, 2018 - Resort Savers, Inc. (otcmkts:RSSV) today announced a partnership with South Korea based DNA and genetic testing company CancerROP. According to the terms of a memorandum of understanding signed between the parties, RSSV will be the exclusive distribution agent for CancerROP's genetic testing and products line in the country of Malaysia. The companies anticipate expanding the list of markets to include Singapore, Indonesia and China.
RSSV's acquisition of the Malaysian multi-level marketing and distribution firm Admall in May 2018 paved the way for RSSV to enter into third party marketing and distribution agreements in markets, such as Malaysia, Indonesia and China, where high regulatory barriers to entry prevent new entrants from marketing and distributing their products to the large domestic market. RSSV's first partnership, with CancerROP, seeks to target the rapidly growing personal health care and beauty market in China and Southeast Asia. "We are excited about the opportunity to mix science with marketing for the masses!" exclaimed Patrick Tan, CEO of Admall and CFO of RSSV.
CancerROP provides DNA testing services including early diagnostics for genetic disorders, molecular diagnostics and whole genome sequencing. Insights gained from DNA profiling drive CancerROP's cancer treatment, beauty and personal care businesses. Which will all be part of the new admall marketing program, which will include medical tourism.
RSSV CEO D.S. Chang said of the deal, "This is a huge move forward in the development of RSSV." He also added, "We plan to apply for a NASDAQ listing within 90 days following FINRA review of our reverse stock split and corporate name change." Last week, the RSSV board and stockholders approved a reverse 1-for-30 stock split and a corporate name change to SGCI Group Holding, Inc. The reverse split and name change will become effective following review by FINRA.
Press release on : https://www.marketwatch.com/
Resort Savers, Inc. (RSSV) Provides Update on Its Health Beverage Subsidiary, Amuli.
SHENZHEN, CHINA--(Marketwired - Sep 20, 2016) - Resort Savers, Inc. (OTCQB: RSSV) (the "Company" or "RSSV"), a strategic investment and development company, today is pleased to provide an update on its majority-owned Kvass health beverage producer, Shenzhen Amuli Industrial Development Company Limited ("Amuli").
As mentioned in its Fiscal Q1 2016 press release, Amuli was in the process of expanding production facilities, and had been ordered to move its factory to a new location, an expense paid for by the Chinese government.
Three months later, the factory has been officially moved to its new address: Shen Zhen Shi Long Hua Xin Qu Guan Lan Da Dao 152 Hao Tang Zheng Ke Ji Yuan 1 Dong 1 Lau. Moreover, the expansion and renovation of its production facilities is expected to be complete by the end of this month with the first bottled version of the drink produced by the end of October 2016.
The drinks will be sold to several hotels and restaurants located in Shenzhen, Guangdong Province, China. These initial sales venues have already completed several successful tastings of the drink and are eager to introduce the drink to their guests and customers.
Amuli is the brand name of the Russian drink Kvass, which is a traditional Slavic and Baltic fermented beverage commonly made from black or regular rye bread. It is especially popular in Russia, Latvia, Lithuania, Belarus and Ukraine, and in Harbin and Xinjiang, China, where Russian culture has had an influence. Kvass is classified as a non-alcoholic drink by Russian standards and can be flavored with fruits such as strawberries and raisins, or with herbs such as mint.
The Company's Form 10-Q for the quarter ended July 31, 2016 was filed with the Securities and Exchange Commission on September 14, 2016.
press realease on : www.otcmarkets.com