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Bigbake, you're welcome to check out our Facebook page.
It shows everything we have done since day one. A good due diligence review would be to read our filings alongside what we blogged on Facebook. It paints the most transparent picture you will ever see in an OTC company.
If you take the time, you might find our shares are anything but worthless. You might even come to the conclusion, they're undervalued. But that is for each individual investor to determine.
Don't be afraid.. check us out. http://www.facebook.com/indoorharvest
Btw.. I respect JaniceShell. I learned a lot from reading her posts over the years.
Depends on who you ask.
Technical term is a "Selling Shareholders Secondary Public Offering", or SPO.
Some folks call it an IPO though and it's easier to understand for some. We didn't conduct a reverse merger. We went straight through the SEC's front door.
Check out our Facebook page while you are at it.
I have blogged about our Company every step of the way since I started it in my garage.
http://www.facebook.com/indoorharvest
Ihub is a great way to communicate with investors. Just because some CEO's use it for nefarious reasons, doesn't mean every CEO does.
We're probably one of the most transparent Companies on the OTC today. Even a CFA on seekingalpha thought the same.
http://seekingalpha.com/article/2962186-indoor-harvest-corporation-begins-trading-a-stock-to-watch
We're also conducting an actual Title II crowdfunding effort. Fully, 100% transparent. I challenge you to find a more transparent Company.
http://indoorharvest.investorroom.com/2015-08-20-Indoor-Harvest-Corp-Retains-Broker-Dealer-WealthForge
I'm CEO of Indoor Harvest.
$INQD
IPO, not reverse merger. 10.5M O/S, 1.6M Float. No convertibles. No Toxic funding.
Interview:
http://thestockradio.com/otcqb-inqd-indoor-harvest-corp-ceo-chad-sykes-pres-john-choo-2305.html
Links of interest:
http://www.otcmarkets.com/stock/INQD/quote
http://www.indoorharvest.com/
http://www.tweed.com/blogs/vault/34967556-rooted-in-research-aeroponics-update
http://www.prnewswire.com/news-releases/indoor-harvest-corp-provides-update-on-clara-vertical-farm-project-in-pasadena-texas-300104952.html
Indoor Harvest, Corp., through its brand name Indoor Harvest is a development stage company that seeks to become an equipment design, developer, marketer and direct-seller of commercial grade aeroponic fixtures and supporting systems for use in urban controlled environment agriculture and Building Integrated Agriculture.
$INQD Daily
IPO, not reverse merger.
http://www.otcmarkets.com/stock/INQD/quote
http://www.indoorharvest.com/
http://www.tweed.com/blogs/vault/34967556-rooted-in-research-aeroponics-update
http://www.prnewswire.com/news-releases/indoor-harvest-corp-provides-update-on-clara-vertical-farm-project-in-pasadena-texas-300104952.html
Indoor Harvest, Corp., through its brand name Indoor Harvest is a development stage company that seeks to become an equipment design, developer, marketer and direct-seller of commercial grade aeroponic fixtures and supporting systems for use in urban controlled environment agriculture and Building Integrated Agriculture.
Exports, forest through the trees my friend. You're looking at the market as it exists today, not as it will exist tomorrow.
INQD: Subsidized foundation/Cannabis Ancillary
Small float, low market cap.. only $5M.
http://www.newswire.ca/en/story/1490545/tweed-installs-aeroponics-pilot-project-with-indoor-harvest
http://www.otcmarkets.com/stock/INQD/quote
http://finance.yahoo.com/news/indoor-harvest-corp-provides-clara-150000137.html
Indoor Harvest Corp Provides Update on CLARA Vertical Farm Project in Pasadena, Texas
Houston, Texas, June 25, 2015 — Indoor Harvest Corp (OTCQB:INQD), through its brand name Indoor Harvest™, is a design build contractor, developer, marketer and direct-seller of commercial grade aeroponic and hydroponic fixtures and supporting systems for use in urban Controlled Environment Agriculture and Building Integrated Agriculture. The Company is pleased to provide an update on the Pasadena, Texas Community Located Agricultural Research Area ("CLARA") project.
On March 31, 2015 the Company announced the signing of a LOI with the City of Pasadena, Texas to fund the establishment and provisioning of an indoor agricultural facility (vertical farm) to be located in Pasadena, Texas. Under the LOI, the City was to provide Indoor Harvest, or a partner of their designation with City approval, with two facilities owned by the City for the sum of ten dollars ($10.00) per annum for a period not to exceed twenty (20) years as well as provide tax abatements on these properties for use in a CLARA project. In addition, the Pasadena Second Century Corp. (economic development entity for the City of Pasadena) has been asked by City officials to consider a budgetary proposal of $500,000 as seed money for the project’s economic development portion in north Pasadena.
Mr. Chad Sykes, Chief Executive Officer of Indoor Harvest, stated, "We've received a timeline for the project through the City. We're currently in the final stages of drafting the MOU and expect to be in a position to begin work on the project as soon as August, based on the timeline provided by the City. All of the parties involved are working together to create an agriculture campus in Pasadena that we hope will become a model for the rest of the nation. By combining agricultural research, education and commercial operations in one campus, we're working to build a foundation to turn North Pasadena into a leader in new, innovative agricultural trends. We've also begun discussions with several potential commercial partners and investors interested in locating operations at the CLARA campus. Although we don’t have any binding agreements, interest seems to be significant given the background and history of groups with whom we are discussing the project."
The CLARA project, based on current negotiations, is expected to be divided into two phases. Phase One will focus on developing the non-profit aspects of the project and is envisioned to include the construction of a 6,000 sq. ft. vertical farm R&D facility and 6,000 sq. ft. of classroom and office space. Phase Two is envisioned to support a commercial retail operation with greenhouses built on approximately two acres of land adjacent to the vertical farm and education centers.
The Phase One vertical farm facility is intended to serve dual roles, with Indoor Harvest using the facility as a demonstration farm and R&D facility and Harris County BUILD Partnership, a non-profit group, using the facility for educational and charitable purposes. It is anticipated that the crops grown will be donated, or sold at cost, to provide fresh produce to low income families in the North Pasadena area. The entire proposed campus area, almost two city blocks, will be designed and built to allow the flow of tourists without impacting operations. The City has been asked to develop a project overview to be presented in August to department heads at the Pasadena Independent School District's Kirk Lewis Career & Technical High School and the Continuing and Professional Development Department of San Jacinto College regarding academic curriculum development to be located at the CLARA campus.
The Harris County BUILD Partnership was established in January 2015 to eliminate the conditions that cause food insecurity in north Pasadena by launching a new healthy, accessible, and community-supported local food system. The conveners of the BUILD Partnership are the Houston Food Bank, the Harris County Public Health & Environmental Services ("HCPHES") and The University of Texas MD Anderson Cancer Center. Additional members of the BUILD Partnership include CHI St. Luke’s Health, Memorial Hermann Health System, Brighter Bites, CAN DO Houston, City of Pasadena, Neighborhood Centers Inc., Pasadena Health Center and the U.T. School of Public Health.
The BUILD Partnership is an extension of Healthy Living Matters (HLM), a county-wide collaborative of over 80 organizations chartered in 2011 to address childhood obesity in Harris County. There is also a Pasadena-specific version of HLM called the HLM-Pasadena Community Task Force that has 23 members local to the Pasadena community.
On June 9, 2015, the Harris County BUILD Health Partnership was selected as one of seven projects out of over 300 applicants nationwide, to receive a $250,000 grant from the inaugural BUILD Health Challenge class. The announcement was made live from the National Press Club in Washington, D.C., featuring Karen DeSalvo, Acting Assistant Secretary for the U.S. Department of Health and Human Services and was followed by a congratulatory letter from LaMar Hasbrouck, MD, MPH and executive director of the National Association of County and City Health Officials who remarked, “I look forward to tracking your progress and learning more about your projects’ best practices and challenges.” A portion of this grant funding will be used towards setting up the academic and non-profit portion of the CLARA project.
The Phase One initial project meeting has already been held. Caleb Harper, the Principal Investigator and Director of MITCityFarm, attended the meeting. As part of the non-profit academic portion of the CLARA project, all research would be made open source. The MIT Media Lab's Open Agriculture (OpenAG) Initiative seeks to make agricultural research and data more available to researchers through an innovative cloud based system. Indoor Harvest is excited to continue its relationship with MITCityFarm by looking at ways to deploy the Open Ag platform at the CLARA research facility.
Chris Higgins from HortAmericas, a company involved in horticulture product distribution, consulting and services, also attended the meeting. Indoor Harvest has selected HortAmericas as a project consultant to the CLARA project. HortAmericas will assist the project by evaluating methods and process and providing feedback through the design phase as well as assisting in preparation of standard operating procedures.
Based upon an existing timeline provided by the City and the current status of negotiations between the parties, it is anticipated that the project MOU will be finalized and property lease executed by August 2015. Under the timeline, construction on Phase One is planned for completion June 2016.
Phase Two of the project is anticipated to be developed on two acres of land currently available adjacent to the existing properties being provided by the City. Indoor Harvest, as the primary developer of the campus, expects to be able to provide commercial operators who build on the CLARA campus a unique group of incentives and key advantages in regards to distribution, manufacturing intelligence and access to resourcing and key agricultural production talent. Phase Two timeline will be dependent upon securing commercial partners who have adequate funding and approval by the City. The Company is currently in talks with several commercial parties interested in building on the CLARA campus.
In addition, City officials are currently considering creating a tax increment reinvestment zone (TIRZ) in the immediate area surrounding the CLARA campus. A TIRZ is a public financing structure that Texas law allows to target tax revenue helping to support redevelopment in underserved areas. Such a zone, if created, could provide an additional economic incentive for tangential services to locate on the project site. As of now, the City is not obligated to create a TIRZ zone and no such zone may ever come to fruition.
Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, Indoor Harvest is alerting investors and other members of the general public that Indoor Harvest will provide weekly updates on operations and progress through its social media on Facebook, Twitter and Youtube. Investors, potential investors and individuals interested in our company are encouraged to keep informed by following us on Twitter, YouTube or Facebook.
Facebook: http://www.facebook.com/indoorharvest
Twitter: http://www.twitter.com/indoorharvest
Youtube: http://www.youtube.com/indoorharvest
ABOUT INDOOR HARVEST CORP
Indoor Harvest Corp, through its brand name Indoor Harvest™, is an emerging design build contractor and OEM manufacturer of commercial aeroponic and hydroponic system fixtures and framing systems for use in Controlled Environment Agriculture and Building Integrated Agriculture. Our patent pending aeroponic fixtures are based upon a modular concept in which primary components are interchangeable. We are developing our aeroponic and hydroponic systems for use by both horticulture enthusiasts and commercial operators who seek to utilize aeroponic and hydroponic vertical farming methods within a controlled indoor environment. Please visit our website at http://www.indoorharvest.com for more information about our Company.
FORWARD LOOKING STATEMENTS
This release contains certain “forward-looking statements” relating to the business of Indoor Harvest and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,” “anticipates,” “intends,” expects” and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Indoor Harvest’s current expectations and beliefs concerning future developments and their potential effects on Indoor Harvest. There can be no assurance that future developments affecting Indoor Harvest will be those anticipated by Indoor Harvest. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Indoor Harvest undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contacts:
Indoor Harvest Corp
CEO, Mr. Chad Sykes
713-410-7903
ccsykes@indoorharvest.com
INQD: Strong Partners.. Low Float and Value
http://www.otcmarkets.com/stock/INQD/quote
http://finance.yahoo.com/news/indoor-harvest-corp-provides-clara-150000137.html
Indoor Harvest Corp Provides Update on CLARA Vertical Farm Project in Pasadena, Texas
Houston, Texas, June 25, 2015 — Indoor Harvest Corp (OTCQB:INQD), through its brand name Indoor Harvest™, is a design build contractor, developer, marketer and direct-seller of commercial grade aeroponic and hydroponic fixtures and supporting systems for use in urban Controlled Environment Agriculture and Building Integrated Agriculture. The Company is pleased to provide an update on the Pasadena, Texas Community Located Agricultural Research Area ("CLARA") project.
On March 31, 2015 the Company announced the signing of a LOI with the City of Pasadena, Texas to fund the establishment and provisioning of an indoor agricultural facility (vertical farm) to be located in Pasadena, Texas. Under the LOI, the City was to provide Indoor Harvest, or a partner of their designation with City approval, with two facilities owned by the City for the sum of ten dollars ($10.00) per annum for a period not to exceed twenty (20) years as well as provide tax abatements on these properties for use in a CLARA project. In addition, the Pasadena Second Century Corp. (economic development entity for the City of Pasadena) has been asked by City officials to consider a budgetary proposal of $500,000 as seed money for the project’s economic development portion in north Pasadena.
Mr. Chad Sykes, Chief Executive Officer of Indoor Harvest, stated, "We've received a timeline for the project through the City. We're currently in the final stages of drafting the MOU and expect to be in a position to begin work on the project as soon as August, based on the timeline provided by the City. All of the parties involved are working together to create an agriculture campus in Pasadena that we hope will become a model for the rest of the nation. By combining agricultural research, education and commercial operations in one campus, we're working to build a foundation to turn North Pasadena into a leader in new, innovative agricultural trends. We've also begun discussions with several potential commercial partners and investors interested in locating operations at the CLARA campus. Although we don’t have any binding agreements, interest seems to be significant given the background and history of groups with whom we are discussing the project."
The CLARA project, based on current negotiations, is expected to be divided into two phases. Phase One will focus on developing the non-profit aspects of the project and is envisioned to include the construction of a 6,000 sq. ft. vertical farm R&D facility and 6,000 sq. ft. of classroom and office space. Phase Two is envisioned to support a commercial retail operation with greenhouses built on approximately two acres of land adjacent to the vertical farm and education centers.
The Phase One vertical farm facility is intended to serve dual roles, with Indoor Harvest using the facility as a demonstration farm and R&D facility and Harris County BUILD Partnership, a non-profit group, using the facility for educational and charitable purposes. It is anticipated that the crops grown will be donated, or sold at cost, to provide fresh produce to low income families in the North Pasadena area. The entire proposed campus area, almost two city blocks, will be designed and built to allow the flow of tourists without impacting operations. The City has been asked to develop a project overview to be presented in August to department heads at the Pasadena Independent School District's Kirk Lewis Career & Technical High School and the Continuing and Professional Development Department of San Jacinto College regarding academic curriculum development to be located at the CLARA campus.
The Harris County BUILD Partnership was established in January 2015 to eliminate the conditions that cause food insecurity in north Pasadena by launching a new healthy, accessible, and community-supported local food system. The conveners of the BUILD Partnership are the Houston Food Bank, the Harris County Public Health & Environmental Services ("HCPHES") and The University of Texas MD Anderson Cancer Center. Additional members of the BUILD Partnership include CHI St. Luke’s Health, Memorial Hermann Health System, Brighter Bites, CAN DO Houston, City of Pasadena, Neighborhood Centers Inc., Pasadena Health Center and the U.T. School of Public Health.
The BUILD Partnership is an extension of Healthy Living Matters (HLM), a county-wide collaborative of over 80 organizations chartered in 2011 to address childhood obesity in Harris County. There is also a Pasadena-specific version of HLM called the HLM-Pasadena Community Task Force that has 23 members local to the Pasadena community.
On June 9, 2015, the Harris County BUILD Health Partnership was selected as one of seven projects out of over 300 applicants nationwide, to receive a $250,000 grant from the inaugural BUILD Health Challenge class. The announcement was made live from the National Press Club in Washington, D.C., featuring Karen DeSalvo, Acting Assistant Secretary for the U.S. Department of Health and Human Services and was followed by a congratulatory letter from LaMar Hasbrouck, MD, MPH and executive director of the National Association of County and City Health Officials who remarked, “I look forward to tracking your progress and learning more about your projects’ best practices and challenges.” A portion of this grant funding will be used towards setting up the academic and non-profit portion of the CLARA project.
The Phase One initial project meeting has already been held. Caleb Harper, the Principal Investigator and Director of MITCityFarm, attended the meeting. As part of the non-profit academic portion of the CLARA project, all research would be made open source. The MIT Media Lab's Open Agriculture (OpenAG) Initiative seeks to make agricultural research and data more available to researchers through an innovative cloud based system. Indoor Harvest is excited to continue its relationship with MITCityFarm by looking at ways to deploy the Open Ag platform at the CLARA research facility.
Chris Higgins from HortAmericas, a company involved in horticulture product distribution, consulting and services, also attended the meeting. Indoor Harvest has selected HortAmericas as a project consultant to the CLARA project. HortAmericas will assist the project by evaluating methods and process and providing feedback through the design phase as well as assisting in preparation of standard operating procedures.
Based upon an existing timeline provided by the City and the current status of negotiations between the parties, it is anticipated that the project MOU will be finalized and property lease executed by August 2015. Under the timeline, construction on Phase One is planned for completion June 2016.
Phase Two of the project is anticipated to be developed on two acres of land currently available adjacent to the existing properties being provided by the City. Indoor Harvest, as the primary developer of the campus, expects to be able to provide commercial operators who build on the CLARA campus a unique group of incentives and key advantages in regards to distribution, manufacturing intelligence and access to resourcing and key agricultural production talent. Phase Two timeline will be dependent upon securing commercial partners who have adequate funding and approval by the City. The Company is currently in talks with several commercial parties interested in building on the CLARA campus.
In addition, City officials are currently considering creating a tax increment reinvestment zone (TIRZ) in the immediate area surrounding the CLARA campus. A TIRZ is a public financing structure that Texas law allows to target tax revenue helping to support redevelopment in underserved areas. Such a zone, if created, could provide an additional economic incentive for tangential services to locate on the project site. As of now, the City is not obligated to create a TIRZ zone and no such zone may ever come to fruition.
Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, Indoor Harvest is alerting investors and other members of the general public that Indoor Harvest will provide weekly updates on operations and progress through its social media on Facebook, Twitter and Youtube. Investors, potential investors and individuals interested in our company are encouraged to keep informed by following us on Twitter, YouTube or Facebook.
Facebook: http://www.facebook.com/indoorharvest
Twitter: http://www.twitter.com/indoorharvest
Youtube: http://www.youtube.com/indoorharvest
ABOUT INDOOR HARVEST CORP
Indoor Harvest Corp, through its brand name Indoor Harvest™, is an emerging design build contractor and OEM manufacturer of commercial aeroponic and hydroponic system fixtures and framing systems for use in Controlled Environment Agriculture and Building Integrated Agriculture. Our patent pending aeroponic fixtures are based upon a modular concept in which primary components are interchangeable. We are developing our aeroponic and hydroponic systems for use by both horticulture enthusiasts and commercial operators who seek to utilize aeroponic and hydroponic vertical farming methods within a controlled indoor environment. Please visit our website at http://www.indoorharvest.com for more information about our Company.
FORWARD LOOKING STATEMENTS
This release contains certain “forward-looking statements” relating to the business of Indoor Harvest and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,” “anticipates,” “intends,” expects” and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Indoor Harvest’s current expectations and beliefs concerning future developments and their potential effects on Indoor Harvest. There can be no assurance that future developments affecting Indoor Harvest will be those anticipated by Indoor Harvest. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Indoor Harvest undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contacts:
Indoor Harvest Corp
CEO, Mr. Chad Sykes
713-410-7903
ccsykes@indoorharvest.com
INQD: Big names.. Low float and market cap...
http://www.otcmarkets.com/stock/INQD/quote
http://finance.yahoo.com/news/indoor-harvest-corp-provides-clara-150000137.html
Indoor Harvest Corp Provides Update on CLARA Vertical Farm Project in Pasadena, Texas
Houston, Texas, June 25, 2015 — Indoor Harvest Corp (OTCQB:INQD), through its brand name Indoor Harvest™, is a design build contractor, developer, marketer and direct-seller of commercial grade aeroponic and hydroponic fixtures and supporting systems for use in urban Controlled Environment Agriculture and Building Integrated Agriculture. The Company is pleased to provide an update on the Pasadena, Texas Community Located Agricultural Research Area ("CLARA") project.
On March 31, 2015 the Company announced the signing of a LOI with the City of Pasadena, Texas to fund the establishment and provisioning of an indoor agricultural facility (vertical farm) to be located in Pasadena, Texas. Under the LOI, the City was to provide Indoor Harvest, or a partner of their designation with City approval, with two facilities owned by the City for the sum of ten dollars ($10.00) per annum for a period not to exceed twenty (20) years as well as provide tax abatements on these properties for use in a CLARA project. In addition, the Pasadena Second Century Corp. (economic development entity for the City of Pasadena) has been asked by City officials to consider a budgetary proposal of $500,000 as seed money for the project’s economic development portion in north Pasadena.
Mr. Chad Sykes, Chief Executive Officer of Indoor Harvest, stated, "We've received a timeline for the project through the City. We're currently in the final stages of drafting the MOU and expect to be in a position to begin work on the project as soon as August, based on the timeline provided by the City. All of the parties involved are working together to create an agriculture campus in Pasadena that we hope will become a model for the rest of the nation. By combining agricultural research, education and commercial operations in one campus, we're working to build a foundation to turn North Pasadena into a leader in new, innovative agricultural trends. We've also begun discussions with several potential commercial partners and investors interested in locating operations at the CLARA campus. Although we don’t have any binding agreements, interest seems to be significant given the background and history of groups with whom we are discussing the project."
The CLARA project, based on current negotiations, is expected to be divided into two phases. Phase One will focus on developing the non-profit aspects of the project and is envisioned to include the construction of a 6,000 sq. ft. vertical farm R&D facility and 6,000 sq. ft. of classroom and office space. Phase Two is envisioned to support a commercial retail operation with greenhouses built on approximately two acres of land adjacent to the vertical farm and education centers.
The Phase One vertical farm facility is intended to serve dual roles, with Indoor Harvest using the facility as a demonstration farm and R&D facility and Harris County BUILD Partnership, a non-profit group, using the facility for educational and charitable purposes. It is anticipated that the crops grown will be donated, or sold at cost, to provide fresh produce to low income families in the North Pasadena area. The entire proposed campus area, almost two city blocks, will be designed and built to allow the flow of tourists without impacting operations. The City has been asked to develop a project overview to be presented in August to department heads at the Pasadena Independent School District's Kirk Lewis Career & Technical High School and the Continuing and Professional Development Department of San Jacinto College regarding academic curriculum development to be located at the CLARA campus.
The Harris County BUILD Partnership was established in January 2015 to eliminate the conditions that cause food insecurity in north Pasadena by launching a new healthy, accessible, and community-supported local food system. The conveners of the BUILD Partnership are the Houston Food Bank, the Harris County Public Health & Environmental Services ("HCPHES") and The University of Texas MD Anderson Cancer Center. Additional members of the BUILD Partnership include CHI St. Luke’s Health, Memorial Hermann Health System, Brighter Bites, CAN DO Houston, City of Pasadena, Neighborhood Centers Inc., Pasadena Health Center and the U.T. School of Public Health.
The BUILD Partnership is an extension of Healthy Living Matters (HLM), a county-wide collaborative of over 80 organizations chartered in 2011 to address childhood obesity in Harris County. There is also a Pasadena-specific version of HLM called the HLM-Pasadena Community Task Force that has 23 members local to the Pasadena community.
On June 9, 2015, the Harris County BUILD Health Partnership was selected as one of seven projects out of over 300 applicants nationwide, to receive a $250,000 grant from the inaugural BUILD Health Challenge class. The announcement was made live from the National Press Club in Washington, D.C., featuring Karen DeSalvo, Acting Assistant Secretary for the U.S. Department of Health and Human Services and was followed by a congratulatory letter from LaMar Hasbrouck, MD, MPH and executive director of the National Association of County and City Health Officials who remarked, “I look forward to tracking your progress and learning more about your projects’ best practices and challenges.” A portion of this grant funding will be used towards setting up the academic and non-profit portion of the CLARA project.
The Phase One initial project meeting has already been held. Caleb Harper, the Principal Investigator and Director of MITCityFarm, attended the meeting. As part of the non-profit academic portion of the CLARA project, all research would be made open source. The MIT Media Lab's Open Agriculture (OpenAG) Initiative seeks to make agricultural research and data more available to researchers through an innovative cloud based system. Indoor Harvest is excited to continue its relationship with MITCityFarm by looking at ways to deploy the Open Ag platform at the CLARA research facility.
Chris Higgins from HortAmericas, a company involved in horticulture product distribution, consulting and services, also attended the meeting. Indoor Harvest has selected HortAmericas as a project consultant to the CLARA project. HortAmericas will assist the project by evaluating methods and process and providing feedback through the design phase as well as assisting in preparation of standard operating procedures.
Based upon an existing timeline provided by the City and the current status of negotiations between the parties, it is anticipated that the project MOU will be finalized and property lease executed by August 2015. Under the timeline, construction on Phase One is planned for completion June 2016.
Phase Two of the project is anticipated to be developed on two acres of land currently available adjacent to the existing properties being provided by the City. Indoor Harvest, as the primary developer of the campus, expects to be able to provide commercial operators who build on the CLARA campus a unique group of incentives and key advantages in regards to distribution, manufacturing intelligence and access to resourcing and key agricultural production talent. Phase Two timeline will be dependent upon securing commercial partners who have adequate funding and approval by the City. The Company is currently in talks with several commercial parties interested in building on the CLARA campus.
In addition, City officials are currently considering creating a tax increment reinvestment zone (TIRZ) in the immediate area surrounding the CLARA campus. A TIRZ is a public financing structure that Texas law allows to target tax revenue helping to support redevelopment in underserved areas. Such a zone, if created, could provide an additional economic incentive for tangential services to locate on the project site. As of now, the City is not obligated to create a TIRZ zone and no such zone may ever come to fruition.
Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, Indoor Harvest is alerting investors and other members of the general public that Indoor Harvest will provide weekly updates on operations and progress through its social media on Facebook, Twitter and Youtube. Investors, potential investors and individuals interested in our company are encouraged to keep informed by following us on Twitter, YouTube or Facebook.
Facebook: http://www.facebook.com/indoorharvest
Twitter: http://www.twitter.com/indoorharvest
Youtube: http://www.youtube.com/indoorharvest
ABOUT INDOOR HARVEST CORP
Indoor Harvest Corp, through its brand name Indoor Harvest™, is an emerging design build contractor and OEM manufacturer of commercial aeroponic and hydroponic system fixtures and framing systems for use in Controlled Environment Agriculture and Building Integrated Agriculture. Our patent pending aeroponic fixtures are based upon a modular concept in which primary components are interchangeable. We are developing our aeroponic and hydroponic systems for use by both horticulture enthusiasts and commercial operators who seek to utilize aeroponic and hydroponic vertical farming methods within a controlled indoor environment. Please visit our website at http://www.indoorharvest.com for more information about our Company.
FORWARD LOOKING STATEMENTS
This release contains certain “forward-looking statements” relating to the business of Indoor Harvest and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,” “anticipates,” “intends,” expects” and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Indoor Harvest’s current expectations and beliefs concerning future developments and their potential effects on Indoor Harvest. There can be no assurance that future developments affecting Indoor Harvest will be those anticipated by Indoor Harvest. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Indoor Harvest undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contacts:
Indoor Harvest Corp
CEO, Mr. Chad Sykes
713-410-7903
ccsykes@indoorharvest.com
INQD $5M market cap..
http://finance.yahoo.com/news/indoor-harvest-corp-provides-clara-150000137.html
Indoor Harvest Corp Provides Update on CLARA Vertical Farm Project in Pasadena, Texas
Houston, Texas, June 25, 2015 — Indoor Harvest Corp (OTCQB:INQD), through its brand name Indoor Harvest™, is a design build contractor, developer, marketer and direct-seller of commercial grade aeroponic and hydroponic fixtures and supporting systems for use in urban Controlled Environment Agriculture and Building Integrated Agriculture. The Company is pleased to provide an update on the Pasadena, Texas Community Located Agricultural Research Area ("CLARA") project.
On March 31, 2015 the Company announced the signing of a LOI with the City of Pasadena, Texas to fund the establishment and provisioning of an indoor agricultural facility (vertical farm) to be located in Pasadena, Texas. Under the LOI, the City was to provide Indoor Harvest, or a partner of their designation with City approval, with two facilities owned by the City for the sum of ten dollars ($10.00) per annum for a period not to exceed twenty (20) years as well as provide tax abatements on these properties for use in a CLARA project. In addition, the Pasadena Second Century Corp. (economic development entity for the City of Pasadena) has been asked by City officials to consider a budgetary proposal of $500,000 as seed money for the project’s economic development portion in north Pasadena.
Mr. Chad Sykes, Chief Executive Officer of Indoor Harvest, stated, "We've received a timeline for the project through the City. We're currently in the final stages of drafting the MOU and expect to be in a position to begin work on the project as soon as August, based on the timeline provided by the City. All of the parties involved are working together to create an agriculture campus in Pasadena that we hope will become a model for the rest of the nation. By combining agricultural research, education and commercial operations in one campus, we're working to build a foundation to turn North Pasadena into a leader in new, innovative agricultural trends. We've also begun discussions with several potential commercial partners and investors interested in locating operations at the CLARA campus. Although we don’t have any binding agreements, interest seems to be significant given the background and history of groups with whom we are discussing the project."
The CLARA project, based on current negotiations, is expected to be divided into two phases. Phase One will focus on developing the non-profit aspects of the project and is envisioned to include the construction of a 6,000 sq. ft. vertical farm R&D facility and 6,000 sq. ft. of classroom and office space. Phase Two is envisioned to support a commercial retail operation with greenhouses built on approximately two acres of land adjacent to the vertical farm and education centers.
The Phase One vertical farm facility is intended to serve dual roles, with Indoor Harvest using the facility as a demonstration farm and R&D facility and Harris County BUILD Partnership, a non-profit group, using the facility for educational and charitable purposes. It is anticipated that the crops grown will be donated, or sold at cost, to provide fresh produce to low income families in the North Pasadena area. The entire proposed campus area, almost two city blocks, will be designed and built to allow the flow of tourists without impacting operations. The City has been asked to develop a project overview to be presented in August to department heads at the Pasadena Independent School District's Kirk Lewis Career & Technical High School and the Continuing and Professional Development Department of San Jacinto College regarding academic curriculum development to be located at the CLARA campus.
The Harris County BUILD Partnership was established in January 2015 to eliminate the conditions that cause food insecurity in north Pasadena by launching a new healthy, accessible, and community-supported local food system. The conveners of the BUILD Partnership are the Houston Food Bank, the Harris County Public Health & Environmental Services ("HCPHES") and The University of Texas MD Anderson Cancer Center. Additional members of the BUILD Partnership include CHI St. Luke’s Health, Memorial Hermann Health System, Brighter Bites, CAN DO Houston, City of Pasadena, Neighborhood Centers Inc., Pasadena Health Center and the U.T. School of Public Health.
The BUILD Partnership is an extension of Healthy Living Matters (HLM), a county-wide collaborative of over 80 organizations chartered in 2011 to address childhood obesity in Harris County. There is also a Pasadena-specific version of HLM called the HLM-Pasadena Community Task Force that has 23 members local to the Pasadena community.
On June 9, 2015, the Harris County BUILD Health Partnership was selected as one of seven projects out of over 300 applicants nationwide, to receive a $250,000 grant from the inaugural BUILD Health Challenge class. The announcement was made live from the National Press Club in Washington, D.C., featuring Karen DeSalvo, Acting Assistant Secretary for the U.S. Department of Health and Human Services and was followed by a congratulatory letter from LaMar Hasbrouck, MD, MPH and executive director of the National Association of County and City Health Officials who remarked, “I look forward to tracking your progress and learning more about your projects’ best practices and challenges.” A portion of this grant funding will be used towards setting up the academic and non-profit portion of the CLARA project.
The Phase One initial project meeting has already been held. Caleb Harper, the Principal Investigator and Director of MITCityFarm, attended the meeting. As part of the non-profit academic portion of the CLARA project, all research would be made open source. The MIT Media Lab's Open Agriculture (OpenAG) Initiative seeks to make agricultural research and data more available to researchers through an innovative cloud based system. Indoor Harvest is excited to continue its relationship with MITCityFarm by looking at ways to deploy the Open Ag platform at the CLARA research facility.
Chris Higgins from HortAmericas, a company involved in horticulture product distribution, consulting and services, also attended the meeting. Indoor Harvest has selected HortAmericas as a project consultant to the CLARA project. HortAmericas will assist the project by evaluating methods and process and providing feedback through the design phase as well as assisting in preparation of standard operating procedures.
Based upon an existing timeline provided by the City and the current status of negotiations between the parties, it is anticipated that the project MOU will be finalized and property lease executed by August 2015. Under the timeline, construction on Phase One is planned for completion June 2016.
Phase Two of the project is anticipated to be developed on two acres of land currently available adjacent to the existing properties being provided by the City. Indoor Harvest, as the primary developer of the campus, expects to be able to provide commercial operators who build on the CLARA campus a unique group of incentives and key advantages in regards to distribution, manufacturing intelligence and access to resourcing and key agricultural production talent. Phase Two timeline will be dependent upon securing commercial partners who have adequate funding and approval by the City. The Company is currently in talks with several commercial parties interested in building on the CLARA campus.
In addition, City officials are currently considering creating a tax increment reinvestment zone (TIRZ) in the immediate area surrounding the CLARA campus. A TIRZ is a public financing structure that Texas law allows to target tax revenue helping to support redevelopment in underserved areas. Such a zone, if created, could provide an additional economic incentive for tangential services to locate on the project site. As of now, the City is not obligated to create a TIRZ zone and no such zone may ever come to fruition.
Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, Indoor Harvest is alerting investors and other members of the general public that Indoor Harvest will provide weekly updates on operations and progress through its social media on Facebook, Twitter and Youtube. Investors, potential investors and individuals interested in our company are encouraged to keep informed by following us on Twitter, YouTube or Facebook.
Facebook: http://www.facebook.com/indoorharvest
Twitter: http://www.twitter.com/indoorharvest
Youtube: http://www.youtube.com/indoorharvest
ABOUT INDOOR HARVEST CORP
Indoor Harvest Corp, through its brand name Indoor Harvest™, is an emerging design build contractor and OEM manufacturer of commercial aeroponic and hydroponic system fixtures and framing systems for use in Controlled Environment Agriculture and Building Integrated Agriculture. Our patent pending aeroponic fixtures are based upon a modular concept in which primary components are interchangeable. We are developing our aeroponic and hydroponic systems for use by both horticulture enthusiasts and commercial operators who seek to utilize aeroponic and hydroponic vertical farming methods within a controlled indoor environment. Please visit our website at http://www.indoorharvest.com for more information about our Company.
FORWARD LOOKING STATEMENTS
This release contains certain “forward-looking statements” relating to the business of Indoor Harvest and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,” “anticipates,” “intends,” expects” and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Indoor Harvest’s current expectations and beliefs concerning future developments and their potential effects on Indoor Harvest. There can be no assurance that future developments affecting Indoor Harvest will be those anticipated by Indoor Harvest. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Indoor Harvest undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contacts:
Indoor Harvest Corp
CEO, Mr. Chad Sykes
713-410-7903
ccsykes@indoorharvest.com
INQD Form S-1 IPO vertical farming
Indoor Harvest Corp (OTCQB: INQD), went public without a reverse merger directly by way of a selling shareholders Form S-1 (SPO) in a Secondary Public Offering.
State of Incorporation: Texas
Year Founded: 2011
Capital Raised: $1.6M Seed Round
Authorized Shares: 50,000,000
Shares Outstanding: 9,957,388
Float: 1,528,507
Current Market Cap: $9M
Web Site: http://www.indoorharvest.com
Facebook: http://www.facebook.com/indoorharvest
Twitter: http://www.twitter.com/indoorharvest
Ihub Page: http://investorshub.advfn.com/Indoor-Harvest-Corp-INQD-29446/
Investor Information: http://indoorharvest.investorroom.com/
INQD Form S-1 IPO vertical farming
Indoor Harvest Corp (OTCQB: INQD), went public without a reverse merger directly by way of a selling shareholders Form S-1 (SPO) in a Secondary Public Offering.
State of Incorporation: Texas
Year Founded: 2011
Capital Raised: $1.6M Seed Round
Authorized Shares: 50,000,000
Shares Outstanding: 9,957,388
Float: 1,528,507
Current Market Cap: $9M
Web Site: http://www.indoorharvest.com
Facebook: http://www.facebook.com/indoorharvest
Twitter: http://www.twitter.com/indoorharvest
Ihub Page: http://investorshub.advfn.com/Indoor-Harvest-Corp-INQD-29446/
Investor Information: http://indoorharvest.investorroom.com/
INQD new issue IPO, low float, 9.9M O/S
Do your due diligence..
http://investorshub.advfn.com/Indoor-Harvest-Corp-INQD-29446/
INQD OTCQB IPO, small float 9.9M O/S
Only a $9M market cap. Do your due diligence.
http://investorshub.advfn.com/Indoor-Harvest-Corp-INQD-29446/
INQD for serious folks.
If you are looking for a gem in a sea of garbage do your due diligence. INQD.
First Cannabis IPO.. no reverse merger.
We'll announce it publicly when the time is appropriate.
How's it a scam? Explain.
Never heard of them.
Joe,
An auditors engagement includes previous fiscal year audit and review of the subsequent quarterly periods for the following year. These engagements for the most part overlap. So despite the lack of an engagement for the new period, SIAF was still under engagement for review.
The CEO did not intentionally mislead anyone. The CEO simply regarded Madsen's affiliate, who was doing the work described in the PR's, as the "auditor". Technically, they are not one in the same, but the CEO didn't know this. If anything it was a honest mistake.
Had there been any issue with this, it would have received comments by the SEC during the Form 10 review. The SEC does review all Company PR's and communications during a registration statement review. Since the SEC deemed SIAF's Form 10 effective, obviously they had no problems with it. And if the SEC did have a problem with it, it evidently was resolved during the comment period. Additionally, SIAF went through a second review period with the SEC on it's more recent Form S-1, which was withdrawn.
Your arguments would hold water if the Company had not completed the tasks it stated. Were they delayed? Sure, but the Company did manage to clear it's Form 10 at a time that all Chinese Companies were under a microscope by the SEC.
In regards to me representing "pump and dumps". My involvement in RVGD led to the SEC sanction of Steve Carnes. We caught his shenanigans, unfortunately it didn't end well for shareholders. Other clients of mine suffered problems due to poor due diligence of their shells.
Every client I ever worked with it was the people who took the companies public that created the problems. At most, the CEO's were guilty of being naive and I did the best I could to clean up the mess. Of the 6 companies I worked with, SIAF was the only one that didn't have a botched reverse merger.
I learned a lot from that period and took that knowledge and became the first CEO/Company to clear both the SEC and FINRA with a cannabis related IPO.
Lastly, SIAF attorney's did not threaten you with a lawsuit. You threatened SIAF with one and the attorney's simply said they would file a counter-suit deeming yours frivolous.
It may be time to put aside old grudges and move on bro. There's a learning curve for many CEO's and some don't always get it right the first time.
There's a big difference between low pressure aeroponics (LPA) such as the picture you posted and high pressure aeroponics (HPA) systems. You are comparing apples to oranges.
It's like comparing a Mazda Miata to a Ferrari Spyder.
OT: something of interest
Thought some of you guys might be interested in this. The attorney I referred to SIAF that helped move it off the pinks and has worked with me on my own company, has published a book on Amazon.
He's offering it for only $0.99.. yep.. less than $1. It's an introduction offer for a limited time. We're trying to get him to best seller status..
http://www.amazon.com/Seeking-Your-Fortune-Alternatives-Markets-ebook/dp/B00PKWI4Z6/ref=sr_1_1?s=books&ie=UTF8&qid=1416076410&sr=1-1&keywords=Michael+T+Williams
SIAF was ranked 14th most traded by dollar volume in August on the OTCBB out of 631 issuers. It's always been a top 30 stock since 2010.
I wouldn't call it an obscure OTC. It's quite a popular stock on the OTC actually.
Glad to see things turning around for you guys.
Nope, haven't owned/traded any stocks since the summer of 2012.
Nice run, congrats on the liquidity :P
I see John's pumping his shell again.
You don't get pre-orders in the food production industry. Doesn't work that way I'm afraid.
They will have to show consistent historical yields and have adequate volume before a grocer or distributor picks them up.
$300K in stockholders equity and no real revenues trading at an $11.5M market cap. Doesn't seem like much to complain about if you ask me. I'm not exactly sure what you were expecting, this isn't a cannabis company so your not going to get the absurd valuations. An $11.5M market cap is quite respectable. I run my own start-up and these guys haven't done bad at all. Raised decent money, have a nice stock price. Maybe you're simply expecting too much? Or paid too much for the stock?
I'm not a big fan of the rotational systems. You're loosing too much PAR with the LED's and the plants don't grow as fast. Green Spirit Farms learned the hard way with a rotational system.
The most proven method appears to be shallow raft or NFT systems vertically stacked. I am interested to see how this system performs at any rate. It's an interesting concept.
Here's the vertical farming model that appears to be gaining the most traction with farms like Greener Roots, Local by Atta and a few other following this style.
http://www.businesswire.com/news/home/20140509005112/en/Philips-Green-Sense-Farms-Usher-Era-Indoor#.U3p8fPldWHs
Bob, MIT is using our equipment right now. I assure you, our technology works quite well. We also sold out our offering.
Sneak peak at our new vertical farm @medialab ! HUGE thanks to Chad @indoorharvest for the long hours! #urbanfarming pic.twitter.com/ZZRd8KepU4
— Open Agriculture (@MITOpenAg) April 7, 2014
Looks like management didn't perform adequate vetting of the shell. To my knowledge the issue is over non-disclosure of two entities, who shared the same principal, that combined held more than 5%.
I'm not sure why the term "affiliate" was used, however individuals controlling over 5% are required to disclose.
There is certainly an argument to be made about the market cap being extremely overvalued, but I don't think management itself did anything nefarious.
I'm pretty sure there is enough money involved here that getting a market maker to sponsor a 211 won't be an issue. Getting it through FINRA might be a challenge though, but I think management has a good argument to make.
Lesson taken from this? Avoid shells when going public, especially ones with previously known bad actors.
At this rate, nothing would surprise me.
Holy market cap.