SHENZHEN, CHINA–(Feb 1, 2016) – Resort Savers, Inc. (OTCQB: RSSV) (the “Company”), a strategic investment and development company, today announced that the Company entered into an Exchange Agreement on January 29, 2016 (the “Exchange Agreement”) with Yang Baojin, a citizen of the People’s Republic of China, and the president and majority owner of Beijing Yandong Tieshan Oil Products Co., Ltd., a corporation organized under the laws of the People’s Republic of China (“BYTOC”), and Huaxin Changrong (Shenzhen) Technology Service Co., Ltd., a corporation organized under the laws of the People’s Republic of China (“Shenzhen”), which is a newly wholly owned subsidiary of the Company’s wholly owned subsidiary, Xing Rui International Investments Holding Group Co., Ltd., a Seychelles corporation.

Under the Exchange Agreement, at the closing of the transactions thereunder, the Company will issue 6,000,000 shares of its Common Stock to Mr. Baojin, and Mr. Baojin shall transfer to Shenzhen an ownership interest in BYTOC such that Shenzhen will own a 51% interest in BYTOC (the “Exchange”).

The transactions under the Exchange Agreement closed on January 29, 2016.

More details on the Share Exchange are available in the Company’s filings with the Securities and Exchange Commission, which may be accessed here: http://www.sec.gov/cgi-bin/browse-edgar?company=resort+savers&owner=exclude&action=getcompany.

About Resort Savers, Inc.

Resort Savers, Inc. is a strategic acquisition and development company focused on identifying and acquiring high demand, revenue-generating assets. The Company is currently developing and investing in the oil and gas industry and real estate development. For more information on Resort Savers, Inc. please visit http://www.resortsaversinc.com.

Forward-Looking Statements

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.

The original press release issued stated that Resort Savers, Inc. purchased a majority interest in Amuli, which was an error. Due to restrictions on foreign ownership of operating Chinese companies, Resort Savers, Inc., a Nevada corporation, was prohibited from purchasing a majority interest in Amuli.

Rather, the Company’s wholly-owned subsidiary, Xing Rui International Investment Holding Group, Ltd., through its newly formed a Peoples Republic of China corporation subsidiary, Hua Xin Chang Rong (Shenzhen) Technology Service Company Limited (“Hua Xin Chang”), purchased the sixty percent majority interest in Amuli. The transaction closed upon the issuance of the shares of the Company’s common stock and the transfer of the shares of Amuli to Hua Xin Chang in October.

Moreover, the previous press release stated that Amuli was generating profit which was also in error. Amuli has yet to realize any sales or profit. Sales are expected to begin in 2016.

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. For more information on Resort Savers, Inc. please visit http://www.resortsaversinc.com.

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. http://www.shenzhenamuli.com

Forward-Looking Statements

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.

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.

http://www.resortsaversinc.com

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

http://www.shenzhenamuli.com

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.

Contact: Rex Cheung 852-2531-3511

Forward-Looking Statements

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.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visithttp://www.prweb.com/releases/2015/09/prweb12963821.htm

Shenzhen, China (PRWEB) May 13, 2015

Resort Savers, Inc. (RSSV), a strategic investment and development company, announced today that is has signed a Definitive Letter of Intent to acquire an 80% ownership stake in Kashi Jinju Color Printing Packaging Co. Ltd. (Kashi). Kashi, based in Northwest China, is a large, industrial scale cardboard processing and packaging company with an estimated $9 Million USD in net assets. By acquiring a majority stake in Kashi, RSSV is taking a major step in building its portfolio of high demand, revenue generating assets.

Kashi has been conducting cardboard processing and packaging operations in China for sixteen years. Kashi’s lightweight, low-cost and high-strength cardboard materials are a cost effective choice for companies shipping food and beverage products across the Chinese market. Kashi is currently expanding its operations to cover over forty acres of production and packaging facilities, which will allow Kashi to produce an estimated 40 million square meters of cardboard annually.

China is the world’s largest producer and consumer of cardboard boxes, with over 10 million tons produced monthly. This demand has created an industry valued at over $80 Billion USD. Kashi’s production and facilities expansion will allow it to more effectively service China’s growing cardboard demand.

Zhou Gui Bin, President of RSSV said, “We are very excited to announce this definitive Letter of Intent to acquire a majority stake in Kashi and consolidate their operations under RSSV. Kashi is a company on the rise, with an estimated $9 Million USD in net assets and expanding operations. Once Kashi completes its production expansion over the next twelve months, we forecast over $24 Million USD in annual sales.”

Zhou continued, “By acquiring Kashi, RSSV will be strategically positioned to capitalize on China’s booming packaging industry that is valued at over $80 Billion USD. Kashi is a cutting edge operation, with over 100 employees and multiple production lines of German made, state of the art industrial binding and printing machines. Kashi and RSSV are ready for a very profitable future together.”

Zhou concluded, “Kashi represents a major acquisition opportunity for RSSV and shows the success of our strategic acquisition and development model. RSSV will acquire Kashi pending the completion and confirmation of Kashi’s audit, which we expect to be complete within sixty days. By acquiring Kashi, RSSV is showing its commitment to building value for our dedicated shareholders.”

Sources:
http://www.statista.com
http://www.foodandbeveragepackaging.com
Rox Asia Consultancy Ltd.

About Resort Savers, Inc. (http://www.resortsaversinc.com)
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.

Kashi Jinju Color Printing Packaging Co. Ltd. (http://www.Kashipackaging.com)
Kashi Jinju Color Packaging Co. is a cardboard packaging and production company serving the Greater China market. Kashi utilizes state of the art production and assembly lines to produce durable, light-weight and low-cost cardboard boxes for shipping food and beverage products. Kashi is currently expanding its operations to over 40 acres of facilities.

Contact: Rex Cheung 852-2531-3511

Forward-Looking Statements

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.