- Luminar Media Group (OTCPK:LRGR) to acquire a group of companies that own the importation, distribution and trademarks for Royale de Monte Carlo vodka, an Ultra Premium vodka brand imported from France.
- As part of the transaction, LRGR will sell its Big Media subsidiary to outgoing CEO Chris Cook, and Robert Rico will become the Co.’s new CEO.
- In the next quarter the Co. intend to file for a name and ticker change to better fit its business and also intend to uplist to the OTCQB market.
- "We expect to expand our distribution network in the United States, with New York being our first area outside of Florida,” stated Royal de Monte Carlo cofounder Conrad Alfonso.