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Monday, December 21, 2015 9:13:14 PM
Earlier this month we announced that we had entered into an Agreement with The NOW Corporation to test and produce various torrefied products from industrial hemp grown at The NOW Corporation's Colorado facility. This is a very exciting project for us. It won't have an immediate impact on our bottom line, but it gives us the opportunity to become a leader in the use of hemp in the manufacturing of energy products. We look forward to keeping you updated on this project as we move forward. As a result of this Agreement, we have placed an order and paid a deposit for the production of an additional torrefaction unit that will be used solely for testing the use of industrial hemp as a feedstock for manufacturing the Company's Bio-Coal product.
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