APPLE RUSH Announces a Dismissal of the Last of the Lawsuits.
GLENVIEW, Ill., March 27, 2012 /PRNewswire/ --Apple Rush Co., Inc. (Pink Sheets: APRU.PK). The Court has dismissed the Garden Beverages Inc. action filed in Cook County Illinois (Case No. 09 L 12858), against Apple Rush Co., Inc., which claim arose out of Apple Rush Co., Inc.'s purchase of Garden Beverage Inc. for $500,000.
"As we move forward with the last of the law suits filed against Apple Rush Co., Inc. being dismissed, including, recently, the action filed by Dr Pepper Snapple Group, Inc., d/b/a Cadbury Schweppes Bottling Group NYSP: DPS", we can now focus on growing, Apple Rush®, one of the oldest organic natural brands in America. Our focus will be to expand sales and refine and continue to improve product lines and to establish networks of success, rather than consuming energies in litigation related activities. The Company expended no funds to extinguish this litigation. The natural beverages market, which includes that pursued by Apple Rush®, continues to enjoy a growth cycle, while the soft drink cola market continues to shrink", says Robert Corr, President. http://money.cnn.com/2011/03/22/news/companies/diet_coke_pepsi_sales.fortune/index.htm
In addition, says Corr consumers are tuning from refined sugars and demanding fresh, natural, and organic in larger and larger numbers and Apple Rush is filling this gap
About Apple Rush Co., Inc.: Apple Rush Co. formulates, develops and markets a product line of 100% Organic Juice beverages with distributors that sell the product line in several major markets including the United States, Canada, Japan, Puerto Rico, and Israel.
Safe Harbor: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the Company's public announcements.
SOURCE Apple Rush Co., Inc.