True 2 Beauty Inc. announced today that the “Libigrow” family of products has signed its first overseas distribution agreement. The distributor has agreed to purchase a minimum of $500,000 of products and serve a distribution area that includes Great Britain & the Republic of Ireland, Italy, Turkey, Germany and Switzerland.
Alex Hbaiu, President and CEO of True 2 Beauty Inc., stated, “This agreement is the first step in our efforts to bring the ‘Libigrow’ family of products to Europe and we are pleased to have strong local marketing experts to assist us.”
Earlier this month, True 2 Beauty announced an Intellectual Property License Agreement to acquire the worldwide rights to the “Libigrow” family of products, which include Libigrow, Libigirl, Libiliquid Shots and the Libiliquid Relaxation Drink. In exchange, the company gave a total of one hundred and sixty million shares of its restricted stock.
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