WhereDaily News: Republic of Texas Brands to Acquire Chill Texas, Inc.

DALLAS, TX--(Marketwired - Feb 25, 2014) - Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has signed a letter of intent to acquire Chill Texas Inc. the exclusive distributor in Texas for the Hemp based Chillo energy drink made in Austria. Randy Safford COO says, "We are extremely excited about this company and we are confident it is a money maker based on orders we have already received for the Chillo product. By acquiring Chill Texas Inc. we will increase our margins by lowering our costs and is a logical move as one of the first companies that will be brought under the RTXBQ umbrella of Cannabis based products. We will be filing our reorganization plan shortly and the Chill Texas, Inc. acquisition will be part of the plan." The final closing will be post-bankruptcy.

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