Wednesday, February 25, 2015 1:14:14 PM
Excerpt from CEO Letter - ALGA Business Simple and to the Point:
While I have served in a variety of roles since the launch of Algae International's American Seed & Oil Company operation, I am only ninety days into the role as CEO. The Company's one-year-old cannabis operation has established a viable business model ready for exponential expansion. My job, first and foremost, is to orchestrate the resources necessary to exponentially expand the proven business model tested in the first year of operations.
Business Summary
A. Growing: Algae International's American Seed & Oil Company has established a rapidly expandable business model for profitably facilitating local licensed hemp and marijuana growers to maximize their market potential. The Company has already engaged a non-equity financial investment to fund the first phase of expansion.
B. Products: In addition to the growing operations, Algae International's American Seed & Oil Company has established its first cannabis infused consumer product trials through various partnerships. The Company is trialing a wellness-vaporizing product and a healthy beverage line.
C. Services: The Company has also taken a first step in developing a cannabis service offering to complement the growing operations and consumer product offerings. Algae International has entered into a partnership with IJJ Corporation (OTC: IJJP) to develop a residential treatment facility for U.S. Veterans with post traumatic stress disorder (PTSD).
Entire Letter: http://www.americanseedandoil.com/news/2015q2rpt
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