Signs Binding Letter of Intent to Acquire 100% of the Assets of Custom Jewelry Company, Coordinates Collection Inc.
BEVERLY HILLS, CA, November 07, 2016 (Investorideas.com Newswire) Reign Sapphire Corporation, (OTCQB: RGNP) (“Reign” or the “Company”), a jewelry company that sells branded Australian Sapphire Jewelry direct to consumers, today announced that it has signed a binding letter of intent to acquire 100% of the assets of custom jewelry company, Coordinates Collection Inc.
Founded in 2012, Coordinates Collection offers customized jewelry that uses materials such as semi-precious to precious metals and stones as well as ceramic coatings. The company sells bracelets, rings and necklaces that display the latitude and longitude of any place that represents a special memory to the customer with 90% online distribution as well as wholesale accounts and distribution agreements to Middle East markets. Products are designed and manufactured in Los Angeles, CA.
- Published: 08 November 2016
- Written by Investor Ideas