Alchemy client WEXI, with close to $1.5M in revenue under contract and Round 1 of their Share Offer now fully subscribed, WEXI have been preparing for their first shipment of almost 70 pallets of wine to Singapore.

WEXI CEO, David Elliott, is currently in Singapore where he is:
- incorporating WEXI locally
- selecting a site for the first warehouse/shopfront and
- appointing a local firm for PR & marketing.

Meanwhile, service providers have been engaged to develop the retail website, provide CRM, accounting and POS solutions and to manage the collection of wineries' digital marketing assets. In addition, discussions are being held with possible distribution partners in Hong Kong and wine technology partners in USA.

This is an exciting time for WEXI as they prepare for their first shipment to Singapore early in 2012. Whilst this will generate strong, ongoing revenue, the Company continues to seek investors so that it has sufficient funds to expand rapidly, as planned.

To view the WEXI offer go to www.assob.com.au/wex