Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
News out!!!
Light Engine Design Corp.'s subsidiary, Curtis Mathes Grow Lights, Inc. Attains ETL Certification for their Novel Harvester™ Lighting System
FRISCO, Texas, May 20, 2020 /PRNewswire/ -- Light Engine Design Corp.'s (OTC: TLED) subsidiary, Curtis Mathes Grow Lights, Inc. (CMGL) has achieved Electrical Testing Laboratories (ETL) certification for the new Harvester™ lighting system. ETL certification is a hallmark of quality control assurance that is a widely adopted global standard and a requirement for horticultural lighting systems that are destined for large scale commercial applications.
The ETL-certified Harvester™ delivers a highly optimized, true full-spectrum of light deploying CMGL's custom proprietary phosphor formula. The company's constantly improving spectral delivery maximizes photobiological efficiency for flowering plants and has garnered several awards in the cannabis sector over the years. CMGL is now primed for widespread distribution to cannabis cultivation facilities operating in both the medicinal and recreational sectors.
"The ETL certification empowers CMGL with the opportunity to sell our proprietary Harvester™ system to cultivation facilities of any size, in full compliance with the federal and/or respective state requirements," said Robert Manes, President and Chief Operating Officer, "This is a very exciting time for us and we look forward to building upon the recent closing of $4M in sales to equipment leasing firm, Forty Five Solutions, to supply the Harvester™ to their Oklahoma cannabis cultivation customers".
About Light Engine Design Corp.: Light Engine Design Corp.'s subsidiary, Curtis Mathes Grow Lights, Inc. is focused on research, development, manufacturing, and sales of state-of-the-art Solid-State Lighting (SSL) in the Controlled Environment Agriculture industries. www.ledesigncorp.com / www.cmgrowlights.com.
Forward Looking Statements: This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in the press release should be evaluated together with the many uncertainties that affect TLED's business and TLED undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
View original content to download multimedia:http://www.prnewswire.com/news-releases/light-engine-design-corps-subsidiary-curtis-mathes-grow-lights-inc-attains-etl-certification-for-their-novel-harvester-lighting-system-301062405.html
SOURCE Light Engine Design Corp.
It looks like Shital has a superhero with Wonder Woman on the wall behind her.
Totally agree, I am all in.
Thanks for the info, RXMD is definitely on the right track considering what everyone is experiencing.
And I am loving the ride all the way.
Been invested since 2014 , so this isn’t my first rodeo with these clowns.
Yes quite aware of Ctrader. Yet, I ask an adult question and I can’t get an adult answer.
I would not be surprised that the partnership Ms. Mars is referring to may already be a company listed on a higher exchange and may not require a R/S. IMO.
See about sticking these PR’s up above for all the newbies checking in.
Thanks for the correction Jimmy.
Float is 18 million, the O/S is 359 million.
Just waiting on release of financials and the 1Q.
NEWS OUT!!
National Storm Recovery Inc. (NSRI) Announces Opening of Flagship Facility in Central Florida as Hurricane Season Approaches
ORLANDO, Fla., May 14, 2020 (GLOBE NEWSWIRE) -- via NetworkWire -- National Storm Recovery Inc. (OTC: NSRI), a provider of tree services, debris hauling, removal and bio-mass recycling, manufacturing, packaging and sales of next-generation mulch products, today announces the grand opening of a new 100-acre facility located in Astatula, Florida. The location is strategically close in proximity to one of the areas in the United States most affected by hurricanes, allowing those hard-hit communities optimal access to recovery relief.
The central Florida location—the sixth in NSRI’s lineup of production facilities—comes just in time for hurricane season. With a full line of bagged and bulk mulch products, 100 acres of storage, and a tree recycling collection site, the plant is positioned to lend needed relief to the surrounding communities.
“We are excited about this new location and the opportunity that it brings to the community as well as commercial customers,” said NSRI CEO Tony Raynor. “With an expedient zoning approval process, due to a complete lack of opposition to the plant’s construction, the community seems to welcome the facility’s presence and environmental solutions.”
The plant’s construction is a noteworthy milestone in the company’s strategic long-term plans. The Astatula site will function as the company’s flagship tree debris collection location as well as the company’s headquarters. NSRI plans to utilize the property, which is capable of accommodating millions of cubic yards of materials, for collection and storage of storm debris during hurricanes and other storms, which it then intends to process and recycle into organic, next-generation mulch products. Furthermore, the site’s location as a collection site is ideal, and it will position the company’s debris-hauling division for significant transportation cost savings.
NSRI offers environmentally friendly solutions founded in sustainability. It continues working toward its objective of providing solutions for the treatment and handling of tree debris, which historically has been destined for landfills and disposal sites. The company’s innovative process collects storm debris and uses it to create a variety of organic, attractive, next-generation mulch products, which are highly sought after by retailers, landscapers, installers, and garden centers.
A detailed presentation of NSRI’s operations and production facilities is available at www.networknewswire.info/nsri/presentation.
About National Storm Recovery, Inc. (NSRI)??National Storm Recovery, Inc. (“NSRI”), through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The Company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division, and collection sites, then through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The Company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The Company’s customers include governmental, residential, and commercial customers.
To learn more, please visit: www.NationalArborCare.com
SAFE HARBOR ACT: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the CSE, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Company Contact:?www.NationalArborCare.com ?Anthony Raynor?CEO & Director?407.886.8733 Office
Corporate Communications: ?InvestorBrandNetwork (IBN) ?Los Angeles, California ?www.InvestorBrandNetwork.com?310.299.1717 Office?Editor@InvestorBrandNetwork.com
??
Attachment
NSRI pr
Market has almost burned through the float, this is where it gets interesting.
Tomorrow we should have a golden cross formation. I like what I see.
There’s those pesky “69”that don’t show one OTC level 2.
News out!!
National Storm Recovery, Inc. (NSRI) CEO Discusses Milestones, Strategies for 2020 Growth in Exclusive Interview
NEW YORK, May 06, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsAudio – National Storm Recovery Inc. (OTC: NSRI) today announces that its CEO Tony Raynor has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company that is part of the InvestorBrandNetwork (“IBN”). During the interview, Raynor discussed NSRI’s business model, which is rooted in the company’s commitment to sustainability, as well as its corporate achievements and strong team of industry professionals.
The broadcast can be heard at The NetworkNewsAudio Interviews Podcast.
During the interview, Raynor highlighted several key milestones that have positioned NSRI for growth in 2020.
“We entered into a three-year commitment with one of the largest disposal companies in the nation, for our recycling facility, where we manufacture products. We also entered into another three-year contract doing emergency debris and tree removal services in Oakland, Florida,” Raynor stated. “And, shortly after that, we were awarded another contract as a primary contractor in Orange County (public schools) doing tree trimming and removal services.”
NSRI also recently completed the acquisition of Mulch Manufacturing, Inc., one of the largest producers of packaged mulch products in the country. NSRI expects the growth pattern to continue throughout the year.
“There’s going to be a combination of organized growth through its partnerships, and we’re looking to be completely positioned for strategic acquisitions that are both accretive to earnings and position for rapid growth,” stated Raynor. “Between taking on contracts and relationships with large municipalities and dealing with the largest waste disposal company in America and —at the same time — working on a big acquisition that we ended up having great success with, we’re launching into 2020 with some serious momentum.”
Raynor noted that the expertise of his team is essential to this trajectory. In addition to Raynor, who has more than two decades of experience in the storm recovery industry, the company’s leadership includes a master chemist, a certified arborist and a COO with extensive industry experience.
“Having a diverse team with all this experience helps us be that next-generation mulch product company. When it comes to dealing with big debris, that’s something that we have a niche for. Municipalities and governments love to work with us because of the experience that we have,” Raynor said.
In addition to the NSRI team’s expertise, the vast experience that has been added from the Mulch Manufacturing side has positioned NSRI to handle the high demand for its services. “We’re passionate about this industry and what we’re doing,” Raynor said, noting that predictions call for 2020 to have a larger storm season than normal. “Our company is ready to provide the type of service to get cities back on their feet again.”
Please listen to the full interview with NSRI’s Tony Raynor at http://nnw.fm/To84y.
About National Storm Recovery Inc.
National Storm Recovery, through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division and collection sites, then through processing, recycling and using that tree debris as feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and positioned for rapid growth from the resulting synergistic opportunities identified. NSRI serves governmental, residential and commercial customers.
For more information, visit the company’s website at?www.NationalArborCare.com.
About NetworkNewsAudio
NetworkNewsAudio (“NNA”) allows you to sit back and listen to market updates, CEO interviews and company?AudioPressReleases (“APRs”). These audio clips provide snapshots of position, opportunity and momentum.?NNA?can assist your company by cutting through the overload of information in today's market. NNA brings its Client Partners unparalleled visibility, recognition and brand awareness. NNA is just one site within the sizable family of 40+ brands within the InvestorBrandNetwork (“IBN”). IBN is a comprehensive provider of news and original articles; we aggregate and syndicate this content for much bigger impact. IBN also adds Press Release Enhancement and a full array of social media communication solutions and has amassed a collective audience that includes millions of social media followers. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, IBN has the unparalleled ability to reach a wide audience comprising investors, consumers, journalists and the general public through an ever-growing distribution network of 5,000+ key syndication outlets across the nation.??
For more information, please visit:? www.NetworkNewsAudio.com?or The NetworkNewsAudio News Podcast
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:?http://IBN.fm/Disclaimer? ;
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications ?InvestorBrandNetwork (IBN) ?Los Angeles, California ?www.InvestorBrandNetwork.com ?310.299.1717 Office ?Editor@InvestorBrandNetwork.com
Also check the “3” share trades. They don’t show up either.
It’s ready for take off. Tony Raynor has just hired a PR firm to promote the business. They should do over 40 million this year. Up coming financials will give us more clarity. I’ve been in this stock since the SGCP Days also.
As far as I know, the company hasn’t released their updated financials yet. Should be this month.
News out!!
National Storm Recovery, Inc. (NSRI) Announces $20,503,975 Equipment Asset Valuation Through Third-Party Certified Equipment Appraisal on Recent Acquisition
ORLANDO, Fla., May 05, 2020 (GLOBE NEWSWIRE) -- National Storm Recovery Inc. (OTC: NSRI) (“NSRI” or the “Company”), a leading provider of environmentally beneficial solutions to tree and storm waste disposal, today announces its February 10, 2020 Mulch Manufacturing acquisition equipment assets have been valued at $20,503,975 through a third-party certified equipment appraisal.
This valuation strictly includes the production equipment located within different locations,
Callahan value: $11,503,975
Homerville value: $4,318,110
Jacksonville #1 value: $1,873,615
Jacksonville #2 value: $352,075
Apopka value: $2,223,860
Fargo value: $184,700
Totaling: $20,503,975
NSRI’s CEO and Director Anthony Tony Raynor states, “I am pleased with the result on the acquisiton’s third party appraisal and the value it brings to our company. This is only the beginning and I look forward on sharing many other exciting updates as they progress.”
About National Storm Recovery, Inc. (NSRI)?National Storm Recovery, Inc., (“NSRI”) through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed off in landfills, creating an environmental burden and pressure on disposal sites around the nation. The company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division, and collection sites, then through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The company’s customers include governmental, residential, and commercial customers.
NSRI’s operations, expansion plans, and production facilities: view presentation??
To learn more please visit: www.NationalArborCare.com??
SAFE HARBOR ACT: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the CSE, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Company Contact:?www.NationalArborCare.com ?Anthony Raynor?CEO & Director?407.886.8733 Office
Corporate Communications: ?InvestorBrandNetwork (IBN) ?Los Angeles, California ?www.InvestorBrandNetwork.com?310.299.1717 Office?Editor@InvestorBrandNetwork.com??
Those “69” trades don’t show up on the OTC market level 2 quotes. They are codes for something behind the scenes.
No problem, just want everyone to know who you are referring to.
CEO MARS not Marks.
It appears that ALPS is only listing 10,000 shares per day.
If the company did $7.8 million in revenue in the 1st quarter,then with acquisition of Mulch and their customers this company could produce revenues between $35- $45 million this year. IMO
Am I close on the estimate Tony Raynor?
First PR!
www.networknewswire.info/nsri/presentation.
News out!!
National Storm Recovery, Inc. (NSRI) Announces ‘Current’ Status with OTC Markets, Provides Corporate Update
ORLANDO, Fla., April 30, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – National Storm Recovery Inc. (OTC: NSRI) (“NSRI” or the “Company”), a leading provider of environmentally beneficial solutions to tree and storm waste disposal, today announces its “Current Information” status with OTC Markets Group and provides corporate updates. ??
OTC Markets categorizes pink companies into current, limited or no information based on the information they provide to investors. Achieving Pink Current Information status underscores NSRI’s commitment to meet reporting deadlines and maintain transparency with potential and current shareholders.
“We are pleased to announce NSRI’s Current Information status as a measurement of the Company’s broader growth strategy. This determination allows new investors to own a stake in NSRI while providing a platform from which we can offer full transparency on our progress,” stated NSRI CEO and Director Anthony “Tony” Raynor.
A detailed presentation of NSRI’s operations, expansion plans and production facilities is available at www.networknewswire.info/nsri/presentation.
About National Storm Recovery, Inc. (NSRI)??National Storm Recovery, Inc. (“NSRI”), through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The Company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division, and collection sites, then through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The Company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The Company’s customers include governmental, residential, and commercial customers.
To learn more please visit: www.NationalArborCare.com
Company Contact:?www.NationalArborCare.com ?Anthony Raynor?CEO & Director?407.886.8733 Office
Corporate Communications: ?InvestorBrandNetwork (IBN) ?Los Angeles, California ?www.InvestorBrandNetwork.com?310.299.1717 Office?Editor@InvestorBrandNetwork.com
?
That’s what a new PR firm will do for a company.
If management can combine this with some TV advertising, this would really expand their reach and recognition.
News Out!!
Progressive Care Announces Successful Expansion of PharmcoRX.com eCommerce Portal to Entire US
Read Full Release
MIAMI, FL – April 30, 2020 – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that it has expanded the scope of its new ecommerce portal (PharmcoRX.com) to serve the entire US domestic market. The Company started filling and shipping orders nationwide this week.
The PharmcoRX.com site includes online access to prescriptions, essential goods, personal protection equipment, guidance on COVID-19 prevention and care, information about custom compounding, and access to services for patients, payors, and providers.
“We are preparing for a large-scale uptick in order volume,“ noted S. Parikh Mars, CEO of Progressive Care. “It’s also important for our shareholders to know that our decision to ramp up ecommerce at this time isn’t just about COVID-19. Certainly, the unusual context, with so many consumers conducting all of their activity online, acted as a motivating factor to move in this direction now, rather than later. But this step represents more than a simple short-term strategy. It’s a powerful evolutionary leap for Progressive Care – a natural escalation of our scope and reach as an emerging leader in the pharmacy and healthcare services marketplace.”
Management expects that the Company’s successful implementation of its ecommerce strategy will positively impact anticipated performance in coming quarters and overall in 2020.
For more information about Progressive Care, please visit the company’s website.
Connect and stay in touch with us on social media:
Progressive Care Inc.
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS
PharmCo, LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx
Five Star RX
https://www.fivestarrx.com/
https://www.facebook.com/fivestarrx/
About Progressive Care Inc.
Progressive Care Inc. (OTCQB: RXMD), through its subsidiaries, is a Florida technology and health services organization that provides prescription pharmaceuticals, compounded medications, provider of tele-pharmacy services, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long-term care facilities, and health practice risk management.
Cautionary Statement Regarding Forward-Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company’s expectations about its future operating results, performance, and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target,” “intend” and “expect” and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company’s actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
Investor Relations Contact:
Armen Karapetyan, Progressive Care
Senior Advisor Business Development
Armen@progressivecareus.com
www.progressivecareus.com
www.pharmcorx.com
Find Out More
Facebook
Twitter
Link
Website
Copyright © 2020 Progressive Care, All rights reserved.
You are receiving this email because you opted in via our website.
Our mailing address is:
Progressive Care
901 North Miami Beach Blvd
Suite 1 and 2
North Miami Beach, FL 33162
Add us to your address book
Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.
Email Marketing Powered by Mailchimp
Thanks for the update Stockforce
Thanks gedi8.
Anyone have updated info on S-1 filings? Has the paperwork been submitted?
I sure hope so, still have to wait on the financials.
News out!!
Coverage Initiated for National Storm Recovery via InvestorBrandNetwork (IBN)
NEW YORK, April 22, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – National Storm Recovery Inc. (OTC: NSRI), a leading provider of environmentally beneficial solutions to tree and storm waste disposal, today announces it has selected the corporate communications expertise of the InvestorBrandNetwork (“IBN”), multifaceted financial news and publishing company for private and public entities.??
National Storm Recovery, through its subsidiaries, provides tree services, debris hauling, removal and bio-mass recycling, manufacturing, packaging and sales of next-generation mulch products. The Company’s solutions create a synergistic and environmentally beneficial solution to tree and storm waste disposal that historically has created an environmental burden on landfills and disposal sites around the nation.
As part of the Client Partner relationship with National Storm Recovery, IBN will leverage its investor-based distribution network of 5,000+ key syndication outlets, various newsletters, social media channels, wire services via NetworkWire, blogs and other outreach tools to generate greater brand awareness for the Company.
“We are pleased to engage IBN to maximize our communication with existing and potential shareholders while refining our overall messaging and outreach,” states National Storm Recovery CEO Tony Raynor.
With over a decade of experience assisting 500+ client partners improve communications within the investment community, and a sizable family of 40+ trusted brands, IBN has amassed a collective audience that includes millions of social media followers. IBN is uniquely positioned to provide National Storm Recovery the solutions needed to reach a wide audience of investors, consumers, journalists and the general public.
“National Storm Recovery is expanding its operations through organic growth and strategic acquisitions,” states Sherri Franklin, Director of Client Solutions for IBN. “While the company focuses on advancing its commitment to the environment through sustainable solutions to tree and storm waste disposal, we will launch a corporate communications campaign that places its progress in front of the investment community.”
To learn more about National Storm Recovery, please visit the company's corporate profile newsroom at www.IBN.fm/NSRI
About National Storm Recovery
National Storm Recovery, Inc., based in Florida, through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division, and collection sites, then through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The company’s customers include governmental, residential and commercial customers.
For more information on National Storm Recovery please visit: www.NationalArborCare.com
About InvestorBrandNetwork
The InvestorBrandNetwork (“IBN”) consists of financial brands introduced to the investment public over the course of 14+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of Client Partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.
Through NetworkNewsWire (“NNW”) and its affiliate brands, IBN provides: (1) access to a network of wire solutions via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) a total news coverage solution.
For more information on IBN visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Corporate Communications
InvestorBrandNetwork (IBN)?Los Angeles, California?www.InvestorBrandNetwork.com?310.299.1717 Office?Editor@InvestorBrandNetwork.com
News out!!
News National Storm Recovery Operations Remain Strong, Issues Corporate Update Related to COVID-19
ORLANDO, Fla., April 16, 2020 (GLOBE NEWSWIRE) -- via NetworkWire - National Storm Recovery Inc. (OTC: NSRI), a provider of tree services, debris hauling, removal and bio-mass recycling, manufacturing, packaging and sales of next-generation mulch products, today provides a corporate update on first-quarter sales and management’s strategies to support employees and shareholders amid the coronavirus pandemic.
First-Quarter Revenue, Anticipated Demand
Management enjoys long-standing, strong relationships with the Company’s customers, including big box retailers that are considered "essential businesses." As a result, revenues from the Company’s recently acquired Mulch Manufacturing subsidiary were $7.3 million for the first quarter of 2020.
“At a time when many businesses are struggling, we are fortunate to announce that our sales remain strong; for the week of April 6-April 10, 2020, alone we achieved sales exceeding $920,000,” stated NSRI CEO Anthony “Tony” Raynor.
“Of considerable importance is that with many states issuing ‘stay at home orders,’ many people are focused on improving or maintaining the state of their yards and buying mulch. We are prepared to meet consistent and even increased demand for our mulch products with approximately $10.2 million in inventory as of March 31, 2020, the end of our first quarter,” added Raynor.
Activation of Payroll Protection Program
Though cash flow remains strong, its Mulch Manufacturing subsidiary has applied for and has been approved to receive $1,458,200 in funding under the Payroll Protection Program recently enacted by Congress.
Despite layoffs and furloughs across the country, NSRI and its subsidiaries have not laid off any of its 175+ employees. The Company plans to use the funding primarily for payroll; as such, the loan of $1,458,200 will be forgiven in entirety, by the federal government.
This will effectively decrease the Company's expenses, thereby increasing margins and resulting in a direct increase of $1,458,200 to earnings, when the loan is forgiven.
“As our country and the rest of the world faces the effects COVID-19, we remain 100% committed to our customers, shareholders and vendors,” stated Raynor. “We will continue to provide the market with high quality products and services that continue to drive growth for our employees and shareholders.
“Ultimately, it is our family of employees and the support of their families, as well as their tireless commitment during these difficult times, that are responsible for our ability to continue serving our customers, communities and our shareholders. They are the ones that have made it possible for the Company to thrive and grow when so many others are struggling to stay afloat. For that, I remain proud of and grateful for their hard work and unwavering dedication."
About National Storm Recovery
National Storm Recovery, Inc. through our subsidiaries, including Mulch Manufacturing, provide, mulch manufacturing, packaging and sales of organic, next-generation mulch products. These products are produced using feedstock secured using recycled tree debris collected from our tree services, debris hauling and removal subsidiary, National Storm Recovery, LLC, as well as through sustainable environmentally responsible harvesting methods. The Company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The Company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting tree debris through its tree services subsidiary, and collection sites, then through its processing sites, recycling and using that tree debris as a feedstock that is manufactured in to a variety of organic, attractive, next-generation mulch products that are packaged and sold to big box retailers, landscapers, installers and garden centers. The Company plans to expand its operations through a combination of organic growth, its strategic partnership with a large national waste disposal company and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The Company’s customers include governmental, residential and commercial customers and now big box retailers. To learn more about National Storm Recovery, visit www.nationalarborcare.com.
To learn more, follow on: Facebook: https://www.facebook.com/NationalStormRecovery/
Safe Harbor Statement??This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended. No information in this press release should be construed as any indication whatsoever of the Company's future financial results, revenues or stock price. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
NSRI Contact: ?Tony Raynor, CEO?info@nationalarborcare.com
Corporate Communications:?InvestorBrandNetwork (IBN)?Los Angeles, California?www.InvestorBrandNetwork.com?310.299.1717 Office?Editor@InvestorBrandNetwork.com
Should be profitable at all locations for the year now.
Here’s a listing of Healthy Partners facilities in each county of Florida.
Brevard County (18) Broward County (36) Dade County (2) Hardee County (2) Highlands County (3) Hillsborough County (18) Marion County (7) Martin County (8) Okeechobee County (5) Palm Beach County (43) Polk County (32) St. Lucie County (16)
This will definitely boost RXMD bottom line this quarter.