Automotive Resource Network Holdings Corp (OTCMKTS:ARNH) shares were unchanged at $0.00010 and flat in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.00. The company has 128,000 shares outstanding.
Automotive Resource Network Holdings Corp is newly emerging as a holding company targeting the acquisition of undervalued, niche companies with high growth potential, income-producing commercial real estate properties and high return investments all designed to pay a dividend to our shareholders.
In a press release, Automotive Resource Network Holdings Corp announced that it closed a transaction to acquire 100% interest of Intensity Nutrition Supplement Company. This acquired company was founded by a former Navy SEAL and a group of hardcore functional fitness enthusiasts to develop nutritional products for athletes who train and operate at the highest thresholds of athletic performance.
“We’ve found that NONE of the existing products on the market meet our needs. Functional and tactical athletes don’t need to “bulk up” or run or bike a hundred miles at a time. We need lean muscle mass, explosive strength, and power for sudden, high-stress, high-performance situations,” the company states. “So when we created the INTENSITY line of products, we focused on providing the right ingredients, in the right amounts, to give you everything you need and nothing you don’t.”
Also, Automotive Resource Network Holdings Corp CEO David Failla resigned and appointed Mr. Leonard K Armenta Jr. as the new incoming CEO effective immediately. “I want to thank outgoing CEO David Failla and his team for supporting The Automobile Resource Network Holding Inc. for bringing the company current and up to date to achieve this transaction In Conclusion, I Look forward to working with investors,shareholders and future innovators to Develop new and exciting Nutritional products “ stated new CEO Leonard K. Armenta Jr.