IRVINE, Calif. -- RG Global Lifestyles, Inc. (BULLETIN BOARD: RGBL) today announced that it has entered into a definitive agreement to acquire Onlinesurgery.com in exchange for an undisclosed number of shares of its common stock.
"Onlinesurgery.com is an important addition to the RG Global Lifestyles, Inc. growth strategy," said Louis K. Knickerbocker, President and CEO. With its rich history, and a first page or first position listing in all of the major search engines (Google, Yahoo, MSN or AOL), Onlinesurgery.com will offer RG Global Lifestyles the opportunity to create a community that will function as a portal, search engine and doctor locator service. The Company's strategy is to further develop this site as a venue to launch the sales and marketing of its 200 branded products in America." Currently, the Company's products are sold only in Asian countries.
Onlinesurgery.com features links to medical news and articles and is one of the first sites to feature live surgery over the Internet. The site has also hosted auctions of health and beauty aid products and offered contests for free surgeries. For more information, visit http://www.onlinesurgery.com/ .
RG Global Lifestyles, Inc. (formerly The L. L. Knickerbocker Co., Inc.) received clearance from the NASD for quotation of its common stock on the OTC Bulletin Board on January 13, 2005 under the symbol RGBL. Through its wholly- owned subsidiary, Amerikal Nutraceutical Corp., the Company markets and distributes high quality, American-made dietary supplements and health and beauty-aid products in Asian countries. Through its wholly-owned subsidiary, AQUAIR, Inc., the Company is licensed to distribute a water generator that creates drinking water from the air. This technology is protected by three issued patents and other patents pending. For more information, visit http://www.rgglife.com/ and http://www.aquair.com/ .
Safe Harbor Statement: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, risks associated with the business of manufacture, distribution and sale of dietary supplements and health and beauty-aid products, as well as water generation products, risks associated with dependence on third parties, and other risks identified from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. All forward-looking statements attributable to the Company, or persons acting for the Company, are expressly qualified in their entirety by these cautionary statements.
|