Sparks, NV - June 22, 2017 - InvestorsHub NewsWire - Restance, Inc. (USOTC: ANCE) today announced coming current with all OTC Markets’ public company reporting standards required to for the Company to achieve OTC Pink Current Information status.  The Company’s up-to-date financial reports have recently been filed in conjunction with a new CEO coming on board and the acquisition of a development company operating in East Africa.  The new CEO, Randell Torno, has extensive experience in Africa and has secured a partnership with a Chinese investment firm supporting ANCE’s development projects in East Africa.
 
New CEO Randell Torno Brings Extensive Experience In Africa
 
Mr. Torno has been working on the ground in the Middle East or Africa since 2007.  He was recalled to active duty as a Lieutenant Colonel in the U.S. Army and deployed to Iraq in 2007.  He received the Bronze Star in the course of his combat tour.  After finishing his tour in Iraq, Mr. Torno was requested by name for duty in Addis Ababa, Ethiopia, a deployment lasting 3 years.  He retired from the Army in 2011 and was shortly thereafter contracted by Northrop Grumman (NGC) and other companies to work in Africa on a myriad of projects in countries from Senegal to South Africa.  Mr. Torno has also contracted as a Senior Peacekeeping Advisor under the U.S. State Department’s Africa Contingency Operations Training and Assistance (ACOTA) program. He has prepared well over 10,000 African Troop Contingents for duty as UN Peacekeepers in areas from Somalia to Darfur to the Congo.  Mr. Torno graduated in 1987 from the University of South Dakota with a Bachelor’s Degree in Journalism.  He is also a graduate of the U.S. Command and General Staff College at Fort Leavenworth, Kansas and the Joint Forces Staff College in Norfolk, Virginia.  He holds a Master’s Degree in Public Policy and Political Economics and is a PhD Candidate in Public Policy and Political Economics at the University of Texas expected to complete his dissertation later this year. 
 
Current East African Development Operations Momentum
 
ANCE is pursuing several business lines in the growing economies of East Africa. The Company is developing opportunities in the region including initiatives in technology and systems integration services, utility support services, affordable housing and health products manufacturing. The Company owns a majority interest in manufacturing equipment being integrated into a health products manufacturing facility currently under development. The Company has a services contract with a U.S. technology company (CIAO Group, Inc. - USOTC: CIAU) to assist the U.S. company in establishing operations in East Africa. The Company is also under contract with a Chinese real-estate investment firm to develop real-estate assets in East Africa.
 
Look for more updates coming soon.
 
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
 

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