DALLAS, April 19, 2018 (GLOBE NEWSWIRE) -- Dallas based company BestnPet, Inc. announced today that it has acquired Pupco Brands, Inc. a manufacturer of premium, leading-edge consumable products for dogs and cats.
Effective today, the company has been approved by FINRA to begin public trading in the U.S. under the new symbol BPET and name BestnPet, Inc. The company formerly traded as Resolute Oncology Inc.
“We are very pleased that our merger into BestnPet, Inc. has been completed and our name change and new trading symbol have been approved,” stated Paul Lien, Founder, President & CEO of Pupco Brands, Inc. and BestnPet, Inc. “Our primary objective for merging into a public company is to attract capital to support our aggressive 3-year strategic growth plan.”
The senior management team of BestnPet, Inc. and its wholly owned subsidiary Pupco Brands, Inc. has collectively over 40+ years of experience within the Pet Industry developing, manufacturing and distributing premium all-natural consumable pet products.
One of the members of Pupco Brands management team is Mark Hughes, the founder of one of the first and still leading all-natural cat litters, Swheat Scoop™.
“When Paul called me and told me about his plan to create a company that develops leading edge, best-in-class products which enhance and prolong the lives of dogs and cats and address the pet-home environment, I was all-in." stated Mark Hughes. "I have seen the pet industry's evolution create explosive growth over the past 25 years. I wanted to be part of something special carving a new path for pet wellness and the pet's home.”
At the forefront of the company’s wellness product line are cannabinoid rich hemp oil products for dogs and cats. Only recently available for purchase in all fifty states, hemp oil extracted from industrial hemp with zero or less than 0.3% THC, addresses a variety of feline and canine ailments.
“As a one-time skeptic I’m now a fervent advocate of the therapeutic benefits of CBD hemp oil for dogs and cats,” stated Lien. “Research and studies support multiple benefits of CBD hemp oil in the daily diet of pets is steadily gaining foothold. Every day anecdotal evidence confirms there is no end in sight to the potential pet health benefits of CBD hemp oil.”
About BestnPet, Inc.:
Bestnpet, Inc. is a diversified Corporation based in Dallas Texas and parent company of Pupco Brands, Inc.. Pupco Brands develops and manufacturers premium consumable pet products for dogs and cats.
About Pupco Brands, Inc.:
We are a Texas based manufacturer of leading-edge premium consumable products for dogs and cats which addresses pet health, nutrition and behavior in the pet's home environment.
Visit Pupco Brands at: http://www.PupcoBrands.com
Join in on the conversation at Investors Hangout: https://investorshangout.com/BestnPet-Inc-BPET-92665/
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business
conditions and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.