Full Alliance Group, Inc. Signs Profit-Sharing Joint Venture Agreement with Wincon Distributing, Inc
July 06, 2017 at 05:24 am EDT
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Full Alliance Group Inc. has completed negotiations with Wincon Distributing Inc., and has signed documents to proceed with a profit-sharing joint venture for Wincon's tobacco distribution business. FAGI's role in the joint venture will be to provide working capital for expansion of operations. In exchange, FAGI will receive 40% of the monthly gross profit, with the remaining 60% staying with Wincon. Under the terms of the agreement, FAGI has agreed to deliver to Wincon, upon completion of the first order, compensation in the form of 100,000 shares of company stock. Moving forward, the joint venture expects gross proceeds from operations in excess of $15 million, or approximately $2.5 million/month, for the remainder of calendar year 2017.
Full Alliance Group, Inc. is a diverse public holding company, which acquires assets in the healthcare, nutraceuticals and cardiovascular healing markets. The Companyâs subsidiaries include Pure Solutions, Inc. (Pure Solutions), EBO2, Inc. (EBO2), DYNAMAXX International LTD. (DYNAMAXX) and others. EBO2 provides treatments and alternative health protocols, tailored to address their specific health concerns. These protocols provide relief and support for the health conditions, including cardiovascular disease, anxiety and depression, auto immune and inflammatory conditions, mold related issues, nutritional deficiencies, general health and wellness, Lyme disease, gut health and digestive issues, cancer support, hormonal imbalances, chronic pain and many more. Pure Solutions is a vitamin and supplement manufacturer, which produces a range of quality vitamin and supplement product formats, including capsules, tinctures, stick packs, powders and liquids.