Cathay Announces Delivery of 1st Cigar Order to the Diplomatic Duty Free Store
January 28 2016 - 9:25AM
InvestorsHub NewsWire
Beijing, China -- January 28th, 2016 --
InvestorsHub NewsWire -- Santo Mining Corporation also known as
Cathay Lifestyle Group Inc., (OTCPINK:SANP),
(the "Company"), announced that has cleared customs and the 1st
order has arrived at the main Diplomatic Duty Free Store in
Beijing. The shipment includes over 500 boxes of luxury
cigars with an average of 25 cigars per box. The average retail
cost of each cigar is approximately $20USD making the retail value
of this first shipment over $250,000USD.
CMO Matthew Arnett commented; “Our next steps are inventory
management, store placement and marketing via events and promotions
to take advantage of the Chinese New Year.” Additionally Mr.
Yglesias CEO commented; “We are also working on finishing our
semi-annual 2016 financial reports and we are very positive of the
direction the company is finally moving to. Our semi-annual
2016 financials should be release in the next 15 to 20 days”.
About SANP
Cathay Lifestyle Group Inc., we are a lifestyle brand integration,
marketing, design, development, education and consultant for high
value sales channel of luxury lifestyle products in the leisure and
entertainment sector. We have a diverse portfolio of licensed
brands as well as a wide range of product categories. Our
partners include, membership clubs, golf clubs, financial services
groups, nightclubs, restaurants, lounges, sports bars, KTV’s, Duty
Free Stores, e-commerce channels and direct to consumers B2C across
Asia. Our services embody the interests, attitudes, and
opinions of an elite group of consumers that embrace a particular
culture. Our Lifestyle brands seek to inspire, guide, and motivate
people, with the goal of our products contributing to the
definition of the consumer's way of life. We operate off the
ideology that we must attract and connect people and brands to
ultimately spur, set and create new social phenomenon’s.
Website: http://www.cathaycigars.com
Email: mailto:info@cathay.asia
Facebook: http://www.facebook.com/cathaycigars
Twitter: http://www.twitter.com/cathayinvestors
FORWARD LOOKING STATEMENT This press release contains certain
"forward-looking" statements, as defined in the United States
Private Securities Litigation Reform Act of 1995 that involve a
number of risks and uncertainties. Statements, which are not
historical facts, are forward-looking statements. The Company,
through its management, makes forward-looking public statements
concerning its expected future operations, performance and other
developments. Such forward-looking statements are necessarily
estimates reflecting the Company's best judgment based upon current
information and involve a number of risks and uncertainties, and
there can be no factors that could cause actual results to differ
materially from those estimated by the Company. They include, but
are not limited to, the Company's ability to develop operations,
the Company's ability to consummate and complete the acquisition,
the Company's access to future capital, the successful integration
of acquired companies, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from
time to time in the Company's public announcements.
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