Wednesday, July 19, 2017 9:35:30 PM
Per AMFE press release 7/19/2017
https://www.otcmarkets.com/stock/AMFE/news/Amfil-Technologies-Inc--Receives-Purchase-Order-Commitment-for-EcoPr03-GRO3-Systems---Roto-Gro-Units?id=165015&b=y
Amfil Technologies Inc. Receives Purchase Order Commitment for EcoPr03 GRO3 Systems & Roto-Gro Units
Jul 19, 2017
OTC Disclosure & News Service
Toronto, ONT, Canada -
Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to announce that its sales team has received a purchase order commitment to outfit a portion of an up and coming Canadian cannabis cultivator with 5 EcoPrO3 GRO3 Antimicrobial Systems as well as 100 Roto-Gro Hydroponic Systems.
The EcoPrO3 GRO3 and Roto-Gro systems will be integrated into a designated area of this new facility, intended for producing organic cannabis products. The new facility is in development and is located in Ontario, Canada. The proposed setup for the Roto-Gro + EcoPrO3 GRO3 technology will have each EcoPrO3 GRO3 system servicing 20 Roto-Gro hydroponic systems. There will be a total of 5 sets of 20 Roto-Gro hydroponic units with a dedicated EcoPrO3 GRO3 system servicing each group. We have received indication that this will likely just be the initial order, with opportunity to expand further into the facility once it is fully operational. Further details on this product roll-out will be announced once the final installation specifications including layouts, electrical, and plumbing requirements are confirmed and final deal is signed. Further information will include cultivator details, estimated facility open date, product delivery/installation dates etc. The total value of this initial purchase order is $1.15 Million.
The GROzone subsidiary is in the process of rebranding itself under the name GRO3, and will be referred to for marketing and discussion purposes as GRO3 effective immediately. A new website is currently under construction and will be launched in the coming weeks, along with an intensive global marketing campaign for the brand and its products.
Further to the $1.15 Million purchase order commitment obtained by the GRO3 Sales Team, the subsidiary continues to make strides towards the finalization of purchase orders and system installations for a number of other cultivators we are currently in discussions with. This purchase order will mark the official penetration into the cannabis cultivation market for GRO3, and further solidifies our relationship with Roto-Gro Worldwide Inc. We anticipate this to be just the beginning of many large purchase orders for both technologies as more cultivators seek out organic alternatives and recognize the undeniable efficacy of the EcoPrO3 GRO3 technology.
In addition to this cultivation facility deal, further developments from the GRO3 subsidiary can be expected as we continue to penetrate the North American cannabis cultivation markets.
Year end report and updates on the company audit, reporting status, and uplisting process can be expected next week.
For more information regarding the company please visit www.amfiltech.com and follow us on twitter for further updates from the company @AmfilTech
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