U-Swirl Inc. is majority-owned by Rocky Mountain Chocolate Factory Inc.
Moxie for Moxie
U-Swirl Inc.'s wholly owned subsidiary, Moxie Consumer Products LLC, has acquired the business assets of Moxie USA LLC.
March 28, 2014
March 25/Henderson, Nev./Marketwired -- U-Swirl Inc. announced its wholly owned subsidiary, Moxie Consumer Products LLC, which was created for the purpose of selling beverages, toppings, and other consumer products, has acquired the business assets of Moxie USA LLC. The acquisition of all intellectual property and worldwide license rights includes the rights associated with national, regional, and local distributors that are currently purchasing beverage and candy products for sale across more than 15 States. U-Swirl purchased the Moxie USA LLC assets for an earn-out of up to a total of 250,000 shares of common stock over a two-year period, based upon Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) generated by the acquired assets.