Announcement • Jan 22
Apple Rush Company, Inc. (OTCPK:APRU) completed the acquisition of Lena Brewing Company. Apple Rush Company, Inc. (OTCPK:APRU) signed a letter of intent to acquire Lena Brewing Company on June 2, 2022. The transaction will be paid for in cash, non-convertible debt, and preferred shares of Apple Rush Company, Inc. Ross Vehmeier, founder Lena Beverage and team will be joining Apple Rush Company, Inc. Apple Rush Company, Inc. (OTCPK:APRU) acquired Lena Brewing Company on January 21, 2025. Brewing and Tap Room Operations will Continue to be managed by Ross Vehmeier as President of the Operating Companies of Lena Brewing Company.
Apple Rush Company, Inc. (OTCPK:APRU) completed the acquisition of Lena Brewing Company on January 21, 2025. New Risk • Jun 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.68m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2011 fiscal period end). Share price has been highly volatile over the past 3 months (23% average weekly change). Market cap is less than US$10m (US$9.68m market cap). Minor Risk Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Announcement • Oct 27
Apple Rush Company, Inc. (OTCPK:APRU) acquired Elev8 Hemp, LLC from Branded Legacy Inc (OTCPK:BLEG). Apple Rush Company, Inc. (OTCPK:APRU) signed a letter of intent to acquire Elev8 Hemp, LLC from Branded Legacy Inc (OTCPK:BLEG) on October 17, 2022. To better fit the Company as a whole, Apple Rush is looking to do a name and symbol change to align with all of its current and future business. The transaction is subject to execute the Agreement encompassing the salient points of this LOI and have agreed to perform all necessary due diligence during the Thirty (30) business day period following the execution of the LOI.
Apple Rush Company, Inc. (OTCPK:APRU) acquired Elev8 Hemp, LLC from Branded Legacy Inc (OTCPK:BLEG) on October 26, 2022.