US Highland, Inc. Acquires TRU-Food and Brings Financials up to Date
Atlanta, March 09, 2018 (GLOBE NEWSWIRE) -- Atlanta, GA 03/9/2018 -- US Highland Inc. (OTC Pink: UHLN) ("The Company") announces that it has acquired the health-conscious, restaurant company TRU-Food Provision Co., and that its financials have been brought current and stop sign removed.
US Highland acquired 100% of TRU-Food Provision Company in a part cash, part equity transaction. A name and symbol change will happen in the near future to commemorate the new direction of the company.
US Highland also announces that it has brought its financials up to date with the SEC, and the stop sign has been removed from its symbol on OTCMarkets.com. The Company expects to have its 10K filed on time.
Currently expanding across the Southeast and headquartered in Atlanta GA, TRU-Food Provision Company is a fast-casual restaurant company offering consumers a healthy diverse menu made with fresh organic ingredients every day. The brand is known as the place where you should “Be TRU to YOU”. TRU-Food offers a diversity of menu items, from flatbread sandwiches, bowls, wraps, salads, and fresh proteins such as chicken, turkey, steak and falafel. All entrees are available in pre-prepared “meal plans”, for take-out, as well.
This acquisition marks UHLN’s first move into the $750 billion U.S. restaurant industry, putting them on the forefront of a fundamental shift, toward healthier eating, in consumer behavior that is here to stay.
"We are pleased to welcome TRU-Food to the UHLN family, as a first of several acquisitions," said Everett M. Dickson, CEO of UHLN. "Another partnership that adds to our solid foundation for assets, while diversifying our revenues streams, improving profitability and increasing shareholder value. TRU-Food founder and senior management believe it's in their best interest to become part of UHLN which provides them the resources to substantially increase their business over the next 24 months.”
Currently, immediately following the acquisition, the stock has approximately 400 million shares outstanding and a market value of just $560,000.
About US Highland, Inc.
US Highland, Inc. is a franchise development company that builds and represents popular franchise concepts throughout the United States as well as International markets. Our Management team selects up and coming concepts with huge growth potential. With little territory available for the older brands we bring fresh innovative brands to our consumers that have great potential. All of our brands are unique in nature as we focus on niche markets that are still in need of developing.
Safe Harbour Statement
This communication contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of My Social Income, Inc. and members of its management 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 risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions.
The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
For more information please contact:
Everett M. Dickson, CEO
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