Muller AI news today:
And a nice run to go along with it. With a total volume of 1,439,600 and a high of .68, we ended the day with the last trade at 65 cents. It seems likely we may get another pr about the Elite Visions acquisition this week. After all, the world pork expo is at the end of this week and they will be be there as part of the Struthers family of companies. Looks like pigs are gonna fly sooner than anyone thought.
CHARLESTON, S.C.--(BUSINESS WIRE)--June 5, 2000--Struthers, Inc.(OTC BB: STRU) announced today the completion of its acquisition of the assets of Muller AI, LLC of Sioux Falls, South Dakota, and transfer of the assets to its wholly owned subsidiary, Muller AI, Inc.(a Nevada Corporation).
Muller AI is a leading distributor of artificial insemination and veterinary supplies and equipment to customers throughout the Midwest. Its products are sold through three distribution facilities and through Muller AI's network of veterinary clinics.
Randy Muller, Manager of Muller AI, LLC, commented, "We are excited at the prospect of joining the Struthers Family of Companies and expanding our customer base to include Struthers' alliance members and the company's customer base throughout the world."
Dr. Douglas Beatty, President of Struthers Inc. stated, "We are pleased to add the quality products offered by Muller AI to the growing list of goods and services available to our alliance members. We are also quite pleased to add the expertise and talents of Mr. Randy Muller to our management team."
In a related statement, Muller AI, Inc. announced the ground breaking of an expansion of its main distribution facility located at Sioux Falls, S.D., providing increased product storage space and administrative offices.
For further information on the Company visit their web site at struthersinc.com .
This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among other things, statements relating to future expansion, anticipated sales growth, and business development activities. Forward-looking statements involve the expectations and estimates of the Company's management and are subject to a variety of uncertainties. Actual events or results could differ materially from those projected in the forward-looking statements due to a variety of factors, including domestics and global economics and market competitive factors.
This is not a solicitation to buy securities and does not purport to be a complete analysis of Struthers, Inc. Investing in securities is highly speculative and carries a high degree of risk. Past performance does not guarantee future results.
CONTACT: Struthers, Inc., Charleston
Frances Kotnik, 843/763-1755
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