SHENZHEN, China, Sept. 16, 2015 (GLOBE NEWSWIRE) — via PRWEB – Resort Savers, Inc. (RSSV), a strategic investment and development company, announced today that it has acquired majority control of Shenzhen Amuli Industrial Development Co. Ltd. (Amuli). Based in Shenzhen, Amuli is a large producer of the health beverage drink Kvass and generates over $3.6M USD in annual profits. Amuli is currently expanding its production facilities that are forecasted to generate an additional $16M USD in annual sales. The acquisition of Shenzhen Amuli is a major step in RSSV’s goal to build a diverse and profitable asset base.
Zhou Gui Bin, President of RSSV said, “By acquiring Shenzhen Amuli, RSSV is one step closer to becoming a major player in China’s health beverage market. Shenzhen Amuli’s Kvass tastes delicious and offers numerous health benefits and we believe will be in high demand in China’s $20B USD health beverage market.
Zhou concluded, “RSSV has shown again that it is capable of identifying and acquiring established and profitable businesses that will provide growth and stability to our asset base. RSSV’s growth has been impressive so far and we are excited to build continuing growth in shareholder value.
About Resort Savers, Inc.
Resort Savers, Inc. (RSSV) is a strategic acquisition and development company focused on identifying and acquiring high demand, revenue-generating assets. RSSV is currently developing and investing in the oil and gas industry, real estate development and is set to enter the cardboard packaging industry by acquiring Kashi.
About Shenzhen Amuli Industrial Development Co. Ltd
Shenzhen Amuli is a health beverage manufacturer and distributor in China. Shenzhen Amuli’s leading products are its line of Kvass health and wellness drinks. Shenzhen Amuli’s Kvass is made with the finest grains, water and honey giving it a delicious and refreshing taste.
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Except for the historical matters contained herein, this release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development, may be deemed to be forward-looking statements. Words such as “expects”, “intends”, “plans”, “may”, “could”, “should”, “anticipates”, “likely”, “believes” and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. This release should be read in conjunction with Resort Savers’ Annual Report on Form 10-K and its other filings with the U.S Securities and Exchange Commission through the date of this release, which identifies important factors that could affect the forward-looking statements in this release.
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