Henderson, Nevada--(Newsfile Corp. - September 24, 2020) - Fresh Promise Foods, Inc., (hereinafter "FPFI") a publicly traded company under the ticker symbol (OTC PINK: FPFI) announced that it has executed an agreement to acquire Human Brands International, Inc. (hereinafter, "The Company"). Human Brands (www.humanbrandsinc.com), headquartered in Washington, DC, is a diversified holding company in the spirit and hospitality sectors with a primary focus on the tequila industry. The Company currently has several wholly owned subsidiaries that focus on five key areas of business: Agave, Bulk Tequila Production, Brand Development, Import/Export and Hospitality. The acquisition of Human Brands is the culmination of FPFI's restructuring plan and will provide immediate revenue streams for FPFI as well as additional management and operational expertise to its corporate leadership team and its Board of Directors to support the Company's growth strategy.
Human Brands diversified operating divisions currently own and manage over 250k agave plants, several premium spirit brands such as Armero Tequila, Three hospitality concepts,(Santo Coyote, .Santa Cantina, Museo by Santo) and holds exclusive import/export rights for a variety of spirit brands (Capacity Beverage). The Company's core foundation is built upon its bulk tequila production operations. The Company currently has supply contracts with well-known tequila brands, as well as celebrities and athletes.
The vertically integrated structure of Human Brands enables the Company to drive business from each level of the supply chain, from ground to glass. The Company's goal is to bring consumers, and shareholders, an authentic 'experience' through each of its products, brands and locations, while continuing to grow its revenues and build its asset values. With this acquisition FPFI intends to establish a sustainable platform that will create short- and long-term value for current and future shareholders. FPFI looks forward to providing more exciting news in the coming weeks, please continue to follow the company for further updates.
About Fresh Promise:
Fresh Promise Foods, Inc is a holding company that focuses on acquisition opportunities primarily targeting companies, with brand ownership, exclusive production, distribution supply and licensing agreements. FPFI will also seek opportunities involving uniquely positioned, specialized companies and brands that will be supported by our underlying business activities.
About Human Brands:
Human Brands International, Inc. (www.humanbrandsinc.com) is a diversified holding company in the spirit and hospitality sectors with a primary focus on the tequila industry. The Company was established in late 2014 to capitalize on the growing alcohol beverage market and changing consumer habits in the industry. The Company currently has several wholly owned subsidiaries that focus on five key areas of business: Agave, Bulk Tequila Production, Brand Development, Import/Export and Hospitality.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above.
Contact: Joe Poe
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