RLAB in Talks to License the Billy Martin's (R) Western Brand
13 October 2010 - 11:45PM
Marketwired
Real American Brands, Inc., a non-reporting public company
(PINKSHEETS: RLAB) confirmed rumors today that "the company is in
talks to license the Billy Martin's brand name to an investor group
whose name and reputation are well known in the apparel industry"
said Doug Newton, CEO of RLAB, and founder of the 33 year old Billy
Martin's brand.
Newton said he cannot divulge the name of the investor group,
"but they are the kind of experienced marketing partner in whose
hands we would entrust the Billy Martin's brand, where the
prospects are excellent for significant sales growth and royalty
revenues for RLAB which owns 100% of all Billy Martin's assets in
the US and worldwide."
In other news, Newton said "RLAB has continued to turn down
offers of cash in exchange for new issuances of stock, because we
are committed to holding RLAB's share base below 200 million
shares, as we reported three months ago. We are presently at 167
million shares, of which 80 million shares are in the public
float."
About Real American Brands
RLAB's focus (www.realamericanbrands.com) is to support products
and services whose origins, designs and character reflect and serve
America's unique culture, heritage and way of life. In addition to
Billy Martin's ®, RLAB owns trademarks for "Born & Bred in the
USA" ®; Lasso ®; Lariat ®; Riata ® (the Spanish word for lasso) and
"Green Blues" ®.the company's new, high-fashion, eco-friendly denim
line, being designed to compete in the premium denim category but
not at premium prices.
Forward-Looking Statements
Statements about RLAB's future expectations, including future
revenues and earnings, and all other statements in this news
release other than historical facts are "forward-looking
statements." Since these statements involve risks and uncertainties
and are subject to change at any time, the company's actual results
may differ materially from the company's plans if its assumptions
prove to be incorrect or for a variety of other reasons.
Contact: Doug Newton or Chance Newton
info@RealAmericanBrands.com BillyMartins@gmail.com 760-324-6834
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