Expert Group, Inc. d/b/a Pleasant Springs receives financing approval from TricorBraun.
TIGER, Ga., Jan. 11, 2013 /PRNewswire/ -- Expert Group, Inc. (OTC: EXPU) (the "Company") (http://www.pleasantsprings.com) is pleased to announce that TricorBraun has approved a line of credit for the first order of glass bottles. TricorBraun is the industry leader and worldwide systems integrator/provider of glass and plastic bottle products. TricorBraun will deliver the glass Bale Wire Bottles (also known as Bail Wire, Fido, Kilner, and Swing Top Bottles) which provide a handcrafted, homegrown appeal.
Al Culberth, CEO of Pleasant Springs, states, "We are proud to partner with TricorBraun to develop and manufacture our line of glass bottles. Forging a long lasting relationship with such a respectable company will ensure that our customers and shareholders will receive the best quality product in the market." We have placed a first order for one hundred thousand bale top bottles. Retail prices are expected to be in the $5-$10 per bottle range. This will be a first for a Bottled Still water product to break the $5 barrier. The Bottles are due to arrive in our Tiger facility in February.
Moreover, a verbal agreement has been reached with our "A-list" target celebrity and both sides have agreed that finalizing terms is a priority. Pleasant Springs will be updating the financials for the past two quarters as we have received the final information from the Corporation's prior operating entities. Once we have filed, we will select a PCAOB audit firm and address the current DTC restriction.
TricorBraun is dedicated to offering you an industry-leading range of products and services worthy of your brand. We believe that having more options gives you more power. Our selection includes the largest library of stock molds in North America, enhanced by our considerable access to global resources. Factor in our extensive capabilities in custom package design and engineering, logistics, and international sourcing, and you get the best packaging options available anywhere.
The difference comes from our dedicated people and the core values they share. Throughout our 110-year history of leadership, these values have helped us deliver on our promises to customers, suppliers, employees and stakeholders. We take pride in a culture dedicated to offering not just options, but that extra human factor that we call Options Plus.
Joseph C. Canouse
1111 Alderman Drive, Suite 210
Alpharetta, GA 30005
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SOURCE Expert Group, Inc.
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