Marshall Holdings International, Inc. (OTCBB: MHLI) announced today that it and its wholly-owned subsidiary, Marshall Acquisition Company, Inc., and Rudy Nutrition have signed a Plan and Agreement of Triangular Merger whereby Rudy Nutrition will merge with Marshall Acquisition Company, Inc., with the shareholders of Rudy Nutrition receiving in exchange shares of the common stock of Marshall Holdings International, Inc., pending due diligence. Rudy Nutrition is the owner of Rudy Beverage, Inc.
"Rudy Beverage, Inc. distributes 'Rudy,' an electrolyte enhanced vitamin water which is a high-nutrition beverage with only 8 grams of sugar per 8 ounce serving along with several health benefits. We are thrilled about the opportunity to partner with Rudy Beverage in bringing healthier, low-sugar drinks to our retail customers," said Elwood Sprenger, Marshall Holdings chairman. "We share Rudy Beverage's commitment to product excellence and they fit well with Marshall's line of SOCKO energy drinks."
Rudy's(TM) formula contains half the sugar of most leading sports drinks and vitamin waters, and provides high levels of electrolytes, sea salts and natural vitamins and minerals. It utilizes the natural sweetener Xylitol to replace high levels of sugar and fructose found in similar beverages.
Sprenger commented, "We believe this formula combination is a healthier way to keep everyone from the all-star high school athlete to the weekend warrior constantly energized. Its combination of electrolytes, vitamins, especially B vitamins, and the use of L-Arginine and L-Carnitine help revitalize and refresh the body. And, it tastes superior to its competition."
Elwood Sprenger's resources and talents bring to Marshall Holdings International, Inc. the distribution systems for its product lines, and allow the company to expand its distribution of its beverage products.
Marshall Holdings' business objective is to manufacture and market the company's products in such a way as to create value that can be sustained over the long term for shareholders, employees, consumers, and business partners.
About Rudy Nutrition and Rudy Beverage, Inc.
Founded by Notre Dame sports legend Daniel "Rudy" Ruettiger, Rudy Beverage, Inc. is focused on creating and distributing alternative beverages that offer great taste as well as healthy choices for parents, kids and athletes looking for something special. "Rudy" is the first in the new line of low-sugar, high-nutrition beverages that also offers Rudy's inspirational message of hope -- that "never give up" spirit immortalized in the movie "RUDY" -- on every bottle.
Source: Money CNN
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