Aubryn International's Shoe Division Opens New Office in Beverly Hills.UPLAND, Calif.--(BUSINESS WIRE)--Oct. 9, 1998--Aubryn International (OTC/BB:ARBN ARBN Australian Registered Body Number ARBN Asian Rice Biotechnology Network ARBN Australian Registered Business Number ARBN African Rice Blast Nursery ) Friday announced that its shoe division has opened a new office in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. The office will house its Muro Sales Staff, a Sample room, and the Design Services, headed by Sherri Noel. Aubryn's footwear division, headed by Harold McLendon, has proven to be the largest income generator during the third quarter. With the success of every shoe show the staff has attended so far, the company should see increasing numbers during the next 12 months. For further information, contact Fred Smith Fred Smith may refer to:
The process by which the corporation communicates with its investors. , at the California office, 909/946-1708. For more detailed information on the company, visit its Web site at www.aubryn.com. Aubryn has three basic divisions of operation, which include footwear, automotive and real estate. The footwear division includes a 10-acre shoe manufacturing plant in China, which houses two plants. The company is also the U.S. and Canadian licensee for MURO USA, a fashion trend popular with teenagers up to the 30s crowd. The automotive division involves extended warranties sales, training centers and service centers in three locations within China. The real estate division includes a condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. project on the cliffs of Rosarito, Mexico, just north of the new Fox Studio complex. The company's current net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. exceed US$10 million with extremely high income potential for the balance of 1998 and even more opportunities during 1999. Certain statements in this corporate update constitute "forward-looking" statements within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934. Such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. |
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