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Papa Bello Enterprises Acquires Control of Limited Edition Ink

By: Papa Bello |  2 Shares     104 Reads

SAN DIEGO, Oct. 10, 2011 // PRNewswire // -- Papa Bello Enterprises (Pink Sheets: PAPA) announced today that the company has acquired control of Limited Edition Ink (LEINK). Limited Edition Ink is a joint venture with Avid Ink., a 25% owner, that has developed an apparel vending system that will be deployed in theme parks, concert venues, sporting venues and other high traffic locations and will sell T-Shirts related to the specific events. Avid Ink is one of the world's leading sublimation printing companies. AI's Art Department houses innovative artists with a library of 35,000+ open line designs. The 125,000 Printing and Production facilities include pre-press, digital, and four-color sublimation machinery, supported by AI Color Profile Library to deliver the highest quality in the industry. LEINK is currently a development stage company and expects to deploy its first commercial vending machine in the first quarter of 2012.

Jim Price, CEO of Papa Bello Enterprises states, "We made this acquisition in order to further diversify Papa Bello Enterprises and its subsidiaries. We believe that LEINK is dynamic young company with a cutting edge concept. Their technology presents a tremendous opportunity in the personalized apparel industry and we look forward to helping them grow their business and develop franchise opportunities for aggressive entrepreneurs."

About Papa Bello Enterprises

Founded in 2005, Papa Bello Enterprises is a San Diego, California based corporation that owns, operates, and franchises food service restaurants as well as other companies in the United States. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service. For more information on Papa Bello Enterprises, please visit www.papabelloenterprises.com

Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.

SOURCE Papa Bello Enterprises

 

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