We expect to enter a formal LOI with the Beijing Yan Dong in 4Q 2015 and then quickly move to a final agreement.
Shenzhen, China (PRWEB) August 24, 2015
Resort Savers, Inc. (RSSV), a strategic investment and development company, is currently in negotiations to form a strategic partnership with Beijing Yan Dong Hao Teng Hua Gong (Beijing Yan Dong) a large, China based oil-company. Beijing Yan Dong generated over $100 Million USD in revenues for FY2014 and owns numerous oil tanks and stations throughout China.
Zhou Gui Bin, President of RSSV, said, “China’s oil market is experiencing tremendous growth, with consumption expected to exceed 535 million metric tons in 2015. With over 1.3 billion people and a growing economy, oil supply and distribution are critical to keeping China on its growth path. ”
Zhou continued, “RSSV is committed to capturing market share in China’s oil and energy market, as we see it is a sector that is only set for growth. RSSV is very excited to be negotiating with a successful oil company like Beijing Yan Dong as RSSV believes in partnering with industry leaders and combining resources to reach mutual goals.”
Zhou concluded, “RSSV is committed to its growth plan to build a diverse and profitable asset base and partnership portfolio. We expect to enter a formal LOI with the Beijing Yan Dong in 4Q 2015 and then quickly move to a final agreement. RSSV has consistently delivered on growing and sustaining shareholder value and we believe this potential partnership will continue building on our success.”
About Resort Savers, Inc.
Resort Savers, Inc. (RSSV) is a strategic acquisition and development company focused on identifying and acquiring high demand, revenue-generating assets. RSSV is currently developing and investing in the oil and gas industry, real estate development, health beverages and cardboard manufacturing.
Contact: Rex Cheung 852-2531-3511
Except for the historical matters contained herein, this release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development, may be deemed to be forward-looking statements. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. This release should be read in conjunction with Resort Savers' Annual Report on Form 10-K and its other filings with the U.S Securities and Exchange Commission through the date of this release, which identifies important factors that could affect the forward-looking statements in this release.