A new momentum play is blossoming on the OTC right now in the form of APPLE RUSH Co I/SH NEW (OTCMKTS: APRU), which sells a number of products, but perhaps most importantly to the market, is a new player on CBD oil playing field. Shares have been going absolutely ballistic over the past couple weeks, launching as much as 900% since mid-April.
To augment recent momentum, the company just hit the wires with an announcement to its shareholders and partners that it has partnered with Champagne Beverage Co, Inc., a 3.2 million case per year member of the AB distribution network. According to the release, “Champagne Beverage has been in business since 1957 and has a team of 134 people supporting the distribution of AB, Constellation Brands, Mark Anthony brands, and many local craft beers, wine, liquor, and non-alcoholic products.”
APPLE RUSH Co I/SH NEW (OTCMKTS: APRU), through its subsidiary APRU, LLC, Alternative Products Unlimited, is a manufacturer of specialty supplements including Anhydrous Hemp Oil, Kratom, Kava, and other active ingredients.
The supplement format is its proprietary soft cold processed chew. The company markets its products through private label, white label, and through distributors in the United States and internationally. The company was founded in 1998 and is now based in Titusville, FL.
Apple Rush Company, Inc. develops, bottles, markets, distributes, and sells various beverages and snacks to wholesale and retail clients in the United States. It offers organic sparkling juice blended beverages, with apple juice as the base under the brand name Apple Rush.
The company was founded in 1998 and is based in Yorba Linda, California. Apple Rush Company, Inc. is a subsidiary of Livewire Ergogenics, Inc.
According to company materials, “Alternative Products Unlimited is a craft manufacturer of alternatively styled products manufactured in a leased plant in Titusville, Florida. We are located in a free trade zone for easy international import and export.”
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The release goes on to note that Champagne Beverage has also been instrumental in the success of local water company Evamor, exceeding their expectations.
Joel Champagne, Jr., said “When we were given the opportunity by Philip Busch of Southern Eagle to try the brand we instantly knew it was a great fit for our company and more importantly our family. I have a 4 year old daughter who loves juice, but I’m always reluctant to buy the popular brands in the kids juice aisle. I gave her the sparkling Apple Rush and she loved it. I love it because it provides the healthiest option I’ve seen to date for my daughter and her cousins to drink. We look forward to the release of the 8oz can so we can secure placements in that demographic.”
Tony Torgerud, CEO of The Apple Rush Company, Inc. said “We are excited to add Joel and his team to our distribution network. They are a dedicated and loyal group that will build credibility for our brand and keep us moving toward a national footprint. Joel picked up a truckload of each flavor in a commitment to the success of Apple Rush and we are working together to secure locations and expand market share.”
We’ve witnessed in excess of 600% tacked on to share pricing for the listing in the past month. What’s more, the company has seen interest climb, with an increase in recent trading volume of 230% beyond what we have been seeing over the larger time frame.
At this time, carrying a capital value in the market of $95.7M, APRU has virtually no cash on the books, which stands against virtually no total current liabilities. The company is pre-revenue at this point. You can bet we will update this one again as new information comes into view. Sign-up for continuing coverage on shares of $APRU stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $APRU, either long or short, and we have not been compensated for this article.