Branded Legacy, Inc. Acquires Astound NMN from Rimrock Gold Corp.
13 July 2022 - 10:30PM
InvestorsHub NewsWire
Orlando, FL -- July 13, 2022 --
InvestorsHub NewsWire -- Branded Legacy, Inc. (OTCPK:
BLEG), a holding company focused on the commercial development
of hemp and cannabinoid-infused beverages, along with an array of
CBD topicals and tinctures is pleased to announce it has finalized
an Asset Purchase Agreement with Rimrock Gold Corp. (OTCPK:
RMRK) to acquire Astound NMN.
Astound NMN is an established brand of NMN
supplements. These supplements are designed to increase cellular
functionality by optimizing the energy cycle and metabolic
function. Its signature NMN formulation has the power to reduce
age-related effects, increased energy and cognitive function.
In addition, it has the ability to improved
digestion, metabolism and cardiac function, immune system
support, anti-inflammatory abilities, blood sugar regulation,
and much more.
NMN, or nicotinamide
mononucleotide, is a molecule naturally occurring in all life
forms. It is a vitamin B3 (niacin) derivative, which can also be
found in various vegetables, fruits, and meat. In its naturally
produced state, NMN is a precursor to NAD+, meaning it becomes NAD+
through a series of chemical transformations. NAD+, or nicotinamide
adenine dinucleotide, is a molecule that naturally occurs in all
life forms. NAD+ is a coenzyme that converts nutrient energy so
that it can be used by cells. The levels of NAD+ in someone's cells
determines the speed of their aging process. The molecule acts as a
coenzyme in many critical biological processes, including
metabolism, aging, cell death, DNA repair, and gene
expression.
A recent 60 day study showed the
rise in the levels of NAD+/NADH at day 30 by 11.3% and day 60 by
38% illustrated the potential of Uthever to raise the levels of
NAD+ in the cells, which is linked to higher energy levels and
an anti-aging effect. Increased sensitivity to insulin has also
been linked to anti-aging.
Brandon Spikes, Chairman of
Branded Legacy, Inc., concluded, “This is a great acquisition to
add to our portfolio. We are excited to get this product moving.
Spikes CBDX is about developing products that promote natural
recovery. Astound NMN lines up with our purpose of sustainability
and being a well-rounded natural health company”
Under the terms of the Agreement, Branded Legacy will acquire all
of the assets of Astound NMN from Rimrock Gold in exchange for the
issuance of 33,334 Non-dilutive Preferred Series D shares of
Branded Legacy.
About Spikes
CBDX: Spikes
CBDX is a line of CBD products designed to assist athletes perform
better, recover faster, and avoid injuries. The Company believes
that post workout recovery, with Spikes CBDX products, can lower
inflammation, aid in making your body stronger, and help recover
from injuries naturally. The CBD line also targets individuals who
are looking for pain relief, better sleep, faster recovery and
lowering inflammation. Spikes CBDX provides tinctures, lotions,
moisturizer, and cryo-gel roll-ons. To view all the Spikes CBDX
products please visit: spikescbdx.com.
About Elev8 Hemp: Elev8 Hemp’s mission is simple:
craft the highest-quality, organic hemp products for consumers in
search of a healthier, happier lifestyle. Everyone needs to get the
proper amount of healthy proteins to keep them feeling better and
more energetic. We source only the best organic hemp protein
powders—naturally full of powerhouse amino acids and Omegas-3, 6,
and 9—so we can infuse your daily coffee and tea with an abundance
of minerals, vitamins, antioxidants, and
fiber. www.elev8hemp.com
About Versatile Industries: Versatile Industries,
LLC has a mission to help companies enter the Hemp and CBD markets
by leveraging the buying power of multiple companies. In doing this
it brings lower costs and minimum order quantities (MOQ) to our
customers. The Company believes that reducing the money that gets
tied up in inventory allows for increased marketing spend for small
business owners. Versatile Industries feels compelled to help
businesses enter new markets by limiting the cost of entry while
maintaining profitable margins, creating a recipe for long term
business partnerships.
Safe Harbor Statement:
The information posted in this release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You can identify these statements by the use of
the words "may," "will," "should," "plans," "expects,"
"anticipates," "continue," "estimate," "project," "intend," and
similar expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, delays in completing various engineering and
manufacturing programs, changes in customer order patterns, changes
in product mix, continued success in technological advances and
delivering technological innovations, shortages in components,
production delays due to performance quality issues with outsourced
components, and various other factors beyond the Company's
control.
www.brandedlegacy.com
(407) 337-0642
info@brandedlegacy.com
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