SIPP Industries Inc. (OTCMARKETS:SIPC)“ SIPC www.sippindustries.com is pleased to updated its followers and shareholders about company status and future plans.
As Sipp Industries, Inc.'s management in previous press release announced, CEO of the Company, Mr. Jonathan Morgan had an interview with Stock Traders Talk Radio http://stocktraderstalk.com/sipc-ceo-interview-jonathan-morgan-sipp-industries-inc-2122013
In this interview Mr. Morgan explained closer how SIPC business model works and what their main focus points are. Although SIPC is generally operating in beverage business, at the moment management is more focused on liqueur business, private labeling and white labeling.
œSpectre operates in liqueur business since 2003. Through Spectre SIPC has exclusive agreement with authorized import licenser of vodka, tequila, cognac and vines in combination with doing a white label business for international and national distributors. CEO stated. In the past 3 years demand for Spectre's liqueur expanded on worldwide basis, mostly for Mexico tequila. So far Company sold over 150.000 cases of its brand, which points to the fact that SIPC is close to serious players in liqueur industry.
According to CEO's statement SIPC's future plans are mainly focused on improvement of promotion and sales through celebrity and other large evens, as they did in past, and this strategy proved as the most efficient one.
Further in conversation CEO announced share structure recapitalization, which will be more attractive to investors.
More news will follow shortly
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More details will follow on a timely and frequent basis.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of SIPP Industries Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. SIPP Industries Inc. cautions you that any forward-looking information provided by or on behalf of SIPP Industries Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SIPP Industries Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SIPP Industries Inc.'s control. In addition to those discussed in SIPP Industries Inc.'s press releases, public filings, and statements by SIPP Industries Inc.'s management, including, but not limited to, SIPP Industries Inc.'s estimate of the sufficiency of its existing capital resources, SIPP Industries Inc.'s ability to raise additional capital to fund future operations, SIPP Industries Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SIPP Industries Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SIPP Industries Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Contact: Mr. William Von Lieberman (CEO in transition)