Ebait Inc./Barrington Foods International Inc. Announces Distribution Sales Agreement in Vietnam.Business Editors LAS VEGAS--(BUSINESS WIRE)--Oct. 12, 2001 Ebait Inc./Barrington Foods International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EBAI) finalized See finalization. a distribution sales agreement in Vietnam. Capitalizing on the most recent Most Favored Nations Most Favored Nation A privilege granted by one country to another whereby the products of the privileged country pay the lowest delivered duty paid charged by the granting country. Trade Agreement that passed legislation between the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Vietnam, Ebait Inc./Barrington Foods International Inc. was quick to announce the agreement. The Vietnam operations will be headed by Richard Diep and will have its first sales office in Saigon. "Vietnam has struggled to provide its population with a consistent nutritional supplement due to its poor production of milk, and we believe that Ebait/Barrington Foods, with its cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. and highly nutritional milk alternative powders, will be a viable solution to this demand," said Diep. Ebait Inc./Barrington Foods International Inc., which recently began trading under the symbol EBAI, focuses on emerging nations by providing quality and cost-effective food products. "We are pleased to be able to announce this joint venture and are extremely excited about this opportunity to take advantage of the Most Favored Nations Trade Agreement. Richard's leadership and established distribution channel will certainly be an asset to our organization and illustrates our commitment to assist the emerging nations of the world," said Rendal Williams, chief executive officer. For further information, contact Princeton Research Inc., Mike King, 702/650-3000. This release includes projections of future results and "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. " as that term is defined in Section 27A of the Securities Act of 1933 as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. and Section 21E of the Securities Exchange Act of 1934 as amended. All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion