TROY, Mich., April 11, 2016 (GLOBE NEWSWIRE) -- SIPP International Industries, Inc. (OTC Markets:SIPN) announced today that it will enact sweeping administrative changes, including the relocation of the company's key personnel from Las Vegas, Nevada to Troy, Michigan. The changes coincide with the long awaited launch of SIPP's new and revolutionary, life saving product, “PYROCHILL”. The reported measures are the company's effort to consolidate company management, product bottling and manufacturing facilities, as well as establishing a more streamlined product distribution center. The company is also hoping to capitalize on the State of Michigan corporate incentive programs.
While the rest of the company begins to pack their bags, the executive offices however, will remain in Pueblo, Colorado until the board of directors convenes to discuss the matter further. The board of directors firmly believes that the changes will allow for greater control of the order taking and fulfillment process of anticipated “PYROCHILL” orders. Administratively, the company also elected to file the necessary documents with the OTC Markets which will elevate the company back up to the “CURRENT” tier level.
“The launch of PYROCHILL will remain on schedule and a detailed report of the launch and marketing efforts will be made available within the next twenty four to forty eight hours,” states, Christopher Fascenelli, SIPP's Director of Marketing. “We are excited about the changes that are taking place, and it is our number one priority of the company to become more open and transparent with its current and future shareholders. A more efficient and accessible operation will greatly benefit everyone associated with SIPP International Industries, Inc., directly or indirectly.
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Source:SIPP International Industries, Inc.