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Torque Lifestyle Brands Inc. (OTC PINK:TQLB) has engaged MZ Group for a strategic investor relations program aimed at enhancing visibility within financial markets. MZ Group will assist in implementing a capital markets strategy that emphasizes Torque's strong performance and growth via acquisitions in the $150B+ sports nutrition market. The acquisition of American Metabolix is a key focus, with projected sales of $1.5 million in 2021. Torque aims for OTCQB-listed status and rapid revenue generation through effective marketing and expansion of product lines.
Torque Lifestyle Brands Inc. (OTC PINK:TQLB) announced a three-for-one forward stock split effective July 16, 2021, aimed at increasing accessibility for investors and employees. Stockholders will receive two additional shares for each share held. The company's President, Leonard K. Armenta Jr., expressed confidence in the business's momentum in 2021, attributing strong sales growth to the American Metabolix acquisition. This move aims to enhance market appeal and facilitate plans to uplist to a national exchange.
Torque Lifestyle Brands Inc. (OTC PINK:TQLB) has announced a 51% ownership in a new joint venture with Zero Day Nutrition to enhance its manufacturing capabilities and improve gross margins. Torque plans to invest capital for machinery while Zero Day will bring its manufacturing expertise and existing client sales, including the award-winning Glaxon brand, expected to generate millions in revenue. This initiative aligns with Torque's strategy to scale operations and increase profitability while expanding its footprint in the $150B+ sports nutrition market.