Millennium Prime (MLMN) Closes Acquisition of Bong Spirit Imports
Tell-a-FriendMIAMI BEACH, Fla., Sept. 28 -—Millennium Prime, Inc. (Pink Sheets: MLMN) today announced that it has completed the acquisition of Bong Spirit Imports, LLC, the creator of Super Premium Vodka(TM) from Holland, under the terms disclosed in our 8K filing on September 27, 2010.. Bong Spirit’s Super Premium Vodka(TM), forms the cornerstone for our lifestyle product strategy of brands built on superior quality and design.
“With the acquisition of Bong Spirit now closed, Millennium Prime is now poised to attack the beverage marketplace as well as expand our portfolio in to other lifestyle markets that serve Millennials,” said John F. Marchese, CEO of Millennium Prime, Inc. “Bong Spirit’s Super Premium Vodka(TM) provides us with a Millennial brand with incredible growth potential in domestic and worldwide markets, and we are eager to compete in the marketplace.”
“The closing of this transaction marks another milestone in the development of Bong Spirit,” said Jimi Beach, Artistic Director of Bong Spirit Imports, LLC. Millennium Prime understands the unique value, positioning and integrity of the brand image that many people worked so diligently to create and we look forward to the opportunity to take our vision and execution to another level.”
Millennials, also known as Generation-Y, account for $1 trillion in buying power and represent about 80 million citizens in America alone according to the U.S. Census Bureau. Millennials are creative, counterculture and serious consumers who find it important to support the brands they love and relate to.
About MILLENNIUM PRIME
Millennium Prime (OTC: MLMN.pk) develops, acquires and markets innovative lifestyle brands with superior quality, design and style for the Millennial marketplace. We will enter lifestyle product markets and establish business units focused on brand categories where we can achieve a clear and authentic leadership position within the Generation-Y demographic. Our growth strategy combines the use of strategic acquisition, organic growth, and innovative invention to serve our Millennial trendsetter focused strategies. Superior Lifestyle Brand Innovations for the Millennial Generation: http://www.millenniumprime.com
SOURCE Millennium Prime, Inc.