Verus International Enters Into Agreements with Game On Foods

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Dec 28, 2020
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Gaithersburg, MD, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Verus International, Inc. (“Verus” or the “Company”) (OTC Pink: VRUS) is announcing that the Company and its wholly owned subsidiary, Big League Foods, Inc. (“BLF”), entered into a letter agreement (the “Agreement”) with ACG Global Solutions, Inc. (“ACG”) and Game on Foods, Inc. (“GOF”), whereby for certain consideration, BLF agreed to sell, transfer, and assign all of BLF’s rights, title, and interest in and to all of BLF’s assets to GOF. Under this agreement, GOF will manufacture, package and ship candy products under existing BLF licenses, while Verus will operate its own sales organization in support of this arrangement.