True 2 Beauty Signs Balkan Countries License for "LibiGrow" Line of Products
December 08 2010 - 5:33AM
Marketwired
True 2 Beauty, Inc. (PINKSHEETS: TRTB) (www.true2beautyinc.com) is
a leading lifestyle products manufacturer, currently distributing a
natural over the counter supplement for male enhancement, under the
brand LibiGrow. The company also produces a similar supplement
uniquely targeting women, called LibiGirl, and an assortment of
fruit-flavored energy shots, formulated individually for men and
women. True 2 Beauty Inc. announced today the "LibiGrow" family of
products will soon be available in several "Balkan Countries" in
Europe.
Some of the countries covered under this agreement include,
Albania, Greece, Kosovo, Montenegro, Romania and Slovenia.
In addition to the above, the distributor has received an option
based on sales volume targets during the first six months of 2011
to acquire distribution for Russia and Ukraine at a license cost of
$500,000 per country, which is in addition to the profit per pill
the company currently receives.
A test market of both Television and Online advertising shall be
conducted in Greece during the first quarter of 2011 at an
approximate cost $600,000.
The Distributor bears the cost of Government licensing for sales
and distribution to retail and wholesale customers throughout the
Balkans.
Alex Hbaiu, President and CEO of True 2 Beauty, Inc., stated,
"We are very pleased to be rapidly expanding our distribution
channels to Europe and elsewhere with our ongoing negotiations and
ability to bring our 'expanding line of lifestyle products' to
people outside the U.S. market. It's just a continuation of our
company motto, "Not Because They Need It, Because They Want
It!"
www.libigrow.com www.true2beautyinc.com
About True 2 Beauty, Inc.
True 2 Beauty, Inc. is a leading manufacturer and distributor of
male sexual potency pills and liquid products in the United States.
The True 2 Beauty, Inc. line of current products includes LibiGrow,
LibiGirl, Libiliquid Shots and the Libiliquid Relaxation Drinks.
More information on the Company and its line of products can be
found at www.libigrow.com
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements include, among others, all assumptions,
expectations, predictions, intentions or beliefs about future
events. You are cautioned that any such forward- looking statements
are not guarantees of future performance and that a number of risks
and uncertainties could cause actual results of the Company to
differ materially from those anticipated, expressed or implied in
the forward-looking statements. The words "believe," "expect,"
"anticipate," "project," "targets," "optimistic," "intend," "aim,"
"will" or similar expressions are intended to identify
forward-looking statements. All statements other than statements of
historical fact are statements that could be deemed forward-looking
statements. Risks and uncertainties that could cause actual results
to differ materially from those anticipated include risks related
to new and existing products, product defects and any related
product recall; any projections of sales, earnings, revenue,
margins or other financial items; any statements of the plans,
strategies and objectives of management for future operations; any
statements .The Company assumes no obligation and does not intend
to update any forward-looking statements, except as required by
law.
For further information, please contact: Investors Relations
Contact: New York World Asset Management (702) 436-4562 Media
Relations: Zara Hbaiu zara@libigrow.com 1-888-942-5350
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