DALLAS, TX--(Marketwired - July 22, 2014) - Republic of Texas Brands, Inc. (PINKSHEETS: RTXB) has filed the necessary document with FINRA to change the corporate name to "Totally Hemp Crazy" to better identify with the new planned hemp based line of beverages, there will also be a symbol change as well. The new corporate name is planned to be on the product packaging of all of the new beverage products. The new company name will be highly identifiable with investors and consumers and will add to the new product lines appeal.
"We have been receiving messages from investors inquiring about the status of the merger with CHILL Texas. The completion of the acquisition is in process and will be completed before the end of the month," states Tom Shuman the new company CEO. "Since the exit of Chapter 11 on July 11th we have been able to reduce the Authorized Shares to 400,000,000 and the Outstanding Share Count to 232,433,970 and we have filed for a name and CUSIP change. We have accomplished a lot in just a few days' time."
"We have been holding corporate meetings with several large investment groups in the past week about financing the hemp beverage lines and to date the meetings have been very encouraging. The investment groups have brought forth several very interesting ideas that would play well into our current marketing strategy. We will be able to discuss more about this once we have inked the deals. I am 100% confident that the investors will be completely satisfied once the private placement package is finalized and presented to the investors. "
"There are many exciting new things to announce in the coming weeks as well as a launch of a new corporate website. Our loyal Investors will be excited about the direction of our new company 'Totally Hemp Crazy' and our planned launch of unique brand label beverages mixed in with our solid gold winning product lines of CHILLO-energy drink and C-Swiss Ice Tea."
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About Republic of Texas Brands Incorporated:
Our mission is to be the premier Hemp beverage company in America. http://www.republicoftexas.com.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.