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Ayujoy Herbals Ltd (OTC:AJOY) Stock Gains Momentum on Unusual Volume

This morning, most investors are going to be looking into those companies that may have come into the news cycle on Wednesday, and hence, it could be a good move to perhaps take a look into the announcement from Ayujoy Herbals Ltd. (OTC:AJOY).

The company, which does business as INTERBRANDS, is involved in the development of a number of brands and technologies across a range of verticals. It announced yesterday that it had concluded the acquisition of the Virginia-based beverage incubator pioneer BEVINC. In the news release, it was noted that the acquisition was a demonstration of the commitment of Ayujoy Herbals to setting up its presence in the dynamic beverage industry.

It was also a recognition of the fact that BEVINC could serve as the foundation through which the company connected with some of the more appealing emerging brands as well as talents. BEVINC has been involved in development for many years and remains one of the few private beverage incubators in the United States. It is primarily involved in the early stages of development for many beverage businesses.

In addition to providing a clear path to scalability, BEVINC is known for providing other key resources like branding, co-packing, distribution, mentorship, and capital. Additionally, it enjoys long-standing ties with the business and political establishments in Virginia. Such factors would provide Ayujoy Herbals with a considerable competitive advantage following the acquisition.

In the news release, the company noted that the acquisition of BEVINC was not merely a strategic move from Ayujoy Herbals. In fact, it was a demonstration of the vision that the company had for identifying strong ventures in the fast-growing beverage industry. The company noted that there were considerable opportunities for rapid growth and commercially lucrative exits. Ayujoy Herbals would deploy the specialized networks of BEVINC to achieve those goals.