Wednesday, August 19, 2020 8:39:55 AM
https://www.otcmarkets.com/stock/GFTX/news/story?e&id=1659736
We have now completed our move to Broadalbin, NY., in conjunction with our collaborative agreement with Fiber Conversion, Inc. We should be in a position to re-start our testing in the coming weeks when our rejuvenation equipment is installed in the Fiber Conversion facility. The combined effort with them brings together the key elements of 1) Reducing our monthly overhead of fixed costs to almost zero. 2) Giving us the ability to produce our “rejuvenated fiber” on a commercial scale since they have two large commercial grade lines in their facility.
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