Acquired Sales Corp. Signs Definitive Merger Agreement to Acquire 100% of Rapidly Growing Lifted Liquids

LAKE FOREST, Ill., Jan. 08, 2020 (GLOBE NEWSWIRE) — Acquired Sales Corp. (OTC Pink: AQSP) today announced that it has signed a definitive merger agreement to acquire 100% of rapidly growing and profitable Warrender Enterprise Inc. d/b/a Lifted Liquids (, of Zion, Illinois, for consideration of (1) $3.75 million in cash, (2) $3.75 million in the form of a secured promissory note, (3) 4,545,455 shares of unregistered common stock of AQSP, and (4) warrants to purchase 1,820,000 shares of unregistered common stock of AQSP at an exercise price of $5.00 per share. AQSP will pay the $3.75 million cash portion of the consideration from cash on hand.