Cathay Lifestyle Company (SANP) Receives First Cigarette Order From China
18 April 2016 - 11:43PM
InvestorsHub NewsWire
Ft.
Lauderdale, FL -- April 18, 2016 -- InvestorsHub NewsWire
-- Santo Mining Corporation also known as Cathay Lifestyle
Co., (OTCPINK:SANP), (the "Company"), announced today that it has
received its first pro forma order of specialty cigarettes from the
Beijing Diplomatic Duty Free Stores. Cathay is pleased to
reveal that the specialty cigarette brand is Palms Cigarette from
Caribbean Tobacco Enterprises, Ltd. of the
Bahamas.
CEO Frank
Yglesias stated: “Cathay has already successfully penetrated the $4
billion dollar Chinese cigar market. The Chinese cigarette market
is a staggering $100 billion dollar industry, making it the largest
cigarette market in the world. Through our strategic alliance with
CTE of the Bahamas, we will start marketing, promoting and
importing Palms Cigarettes to the Chinese market. This
endeavor with CTE stands to become the most profitable business
alliance we have established thus far.” Cathay plans to
fulfill the initial cigarette order before May 2016. The Company
intends to further update investors through media and additional
details concerning this historic first order.
ABOUT
CARIBBEAN TOBACCO ENTERPRISES, LTD. (http://caribacco.com/)
Caribbean
Tobacco Enterprises, Ltd. (CTE) is a privately held cigarette
manufacturing company located in Freeport, Grand Bahama,
Bahamas. The company has developed innovative strategies to
manufacture and market our products and understand the value of
engaging with all our partners to ensure a mutually beneficial
relationship. The consumer is at the heart of our business,
and appealing to their needs by providing a pertinent,
product-focused portfolio will allow us to continue to grow and
create value within our markets. Our emphasis on engaging in
strategic partnerships helps us to maintain a refined and
synergetic market strategy that remains optimal for our
distribution systems and trade partners. With the launch of our
core cigarette brand- Palms and our private labeling services, CTE
is poised to continue its success as a profitable and stable
international player.
Make sure to visit and/or contact
SANP online through its many media
outlets:
Website:
http://www.cathay.asia
Email: info@cathay.asia
Facebook: http://www.facebook.com/cathaycigars
Twitter: http://www.twitter.com/cathayinvestors
http://www.scoop.it/t/cigars-by-cathaycigars
About
SANP: Cathay Lifestyle Company, we are a lifestyle
brand integration, marketing, design, development, education and
consultant for high value sales channel of luxury lifestyle
products in the leisure and entertainment sector. We
have a diverse portfolio of licensed brands as well as a wide range
of product categories. Our partners include, membership
clubs, golf clubs, financial services groups, nightclubs,
restaurants, lounges, sports bars, KTV’s, Duty Free Stores,
e-commerce channels and direct to consumers B2C across
Asia. Our services embody the interests, attitudes, and
opinions of an elite group of consumers that embrace a particular
culture. Our Lifestyle brands seek to inspire, guide, and motivate
people, with the goal of our products contributing to the
definition of the consumer's way of life. We operate off the
ideology that we must attract and connect people and brands to
ultimately spur, set and create new social
phenomenon’s.
FORWARD
LOOKING STATEMENT This press release contains certain
"forward-looking" statements, as defined in the United States
Private Securities Litigation Reform Act of 1995 that involve a
number of risks and uncertainties. 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 factors that could cause actual results to differ
materially from those estimated by the Company. They include, but
are not limited to, the Company's ability to develop operations,
the Company's ability to consummate and complete the acquisition,
the Company's access to future capital, the successful integration
of acquired companies, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from
time to time in the Company's public
announcements.
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