RIVERHEAD, N.Y., June 2, 2016 /PRNewswire/ -- Good Vibrations Shoes, Inc. (OTCPink: GVSI) announced today that its subsidiary company, Long Beard Breweries, Inc. has acquired five percent of the popular Long Island beer tour, "The L.I. Brew Bus." This announcement comes shortly after the company received its federal license to operate as a brewery and as the company awaits approval for its official name and symbol change.
The L.I. Brew Bus is the premier mobile beer tour on Long Island, offering three-hour & six-hour tours, as well as special corporate events touring some of the most popular breweries on Long Island and Manhattan. The L.I. Brew Bus brings beer enthusiasts from all over the country to the most popular microbreweries on Long Island, making it an important marketing tool to get lesser-known brands to the masses. The deal assigns 5% ownership of the brew bus to Long Beard, guaranteeing the company a coveted spot on the tours, and giving Long Beard Brewing instant credibility among enthusiasts. Consumers are encouraged to find out more about L.I. Brew bus at http://www.librewbus.com.
This is an important step in Long Beard's growth because any good craft beer's best advertising is getting people to taste it. How better to accomplish this than by being part of beer tasting tours? This is all part of an extensive marketing plan being spearheaded by the company's CEO, Paul Carlin, and has been from the start. Knowing that beer tours were an integral part of the company's marketing plan, and being under-funded in the beginning, the principal owners of Long Beard offered L.I. Brew Bus something other than cash. They offered sweat equity in the form of their carpentry and mechanical skills, helping them to build out an incredible looking bus, mechanically maintaining it and in exchange for all the work they did, Long Beard Brewing received five percent ownership in the L.I. Brew Bus, showing the kind of ingenuity and creativity in growing the company that everyone can expect moving forward.
Company CEO Paul Carlin commented, "We are totally ecstatic to be part of L.I. Brew Bus, and we are extremely proud of the bus we helped build. Now that we have received our federal licensing, we feel there will be no stopping us. It's only a matter of time now until we finish with our facility and tasting room, and launch what we think will be one of the best micro brew beers in the country." Mr. Carlin also wants shareholders to know that the building permits needed to move forward with the tasting room should be clear within the next few weeks. He also noted that the latest requests from FINRA regarding the name and symbol change are being provided and the company expects approval very soon.
One thing is clear, and that is that Long Beard Brewing is not sitting around waiting for its recently submitted name and symbol change to become effective, but instead, the company is forging ahead making the deals and arrangements needed to build an incredible company, that makes really tasty beer.
ABOUT GOOD VIBRATIONS SHOES
Good Vibrations Shoes operates a wholly owned subsidiary business called Long Beard Brewing Company, which is a "craft brewery" or "micro brewery" based in Long Island, New York. To find out more about the company, please visit its website at http://www.longbeardbrewing.com.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve risk, which could cause the actual results to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
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SOURCE Good Vibrations Shoes, Inc.