Shibue Couture Acquired by CTR Investments

CTR Investments & Consulting, Inc. has officially completed the acquisition of Shibue Couture, Inc., a prominent designer and manufacturer of women’s intimate apparel, famously recognized for its Shibue No-Line Strapless Panty. The transaction, valued at $2.5 million, was concluded with an exchange for convertible preferred stock, marking a significant shift for CTR Investments as it moves away from its shell company status. Shibue Couture will now operate as a wholly-owned subsidiary, benefitting from CTR's newly established marketing and internet sales teams to amplify exposure and sales of its innovative product line. This strategic acquisition aligns with CTR's objective to develop a robust portfolio comprising diverse sectors, including technology, manufacturing, and real estate, stepping toward its goal of becoming a multinational conglomerate.