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Monday, August 09, 2021 2:41:32 PM
SPM555 Monday, 07/15/19 09:40:00 AM
Re: None
Post #
4505
of 16475
Ridiculously good news, huge implications for the company. Dalrada Precision will produce and sell these machines while Dalrada HealthCare Products will be selling CBD. Massive potential!
Dalrada Precision Delivers New Technology to Booming Marketplace PR Newswire "Press Releases US - English"
HENDERSON, Nev. , July 15, 2019 /PRNewswire/ --Dalrada Precision, a wholly-owned subsidiary of Dalrada Financial Corp. (OTC Pink: DFCO), furthered its intentions to become a true end-to-end solutions provider by revealing its plans to build and manufacture a proprietary machine that will facilitate high-quality extracting and processing services for the CBD and pharmaceutical industries.
After extensive consultation with scientists and extraction experts from around the world, the company has entered into an agreement with a UK -based corporation to assist with the design and development of a proprietary oil extraction machine created for high production. Though the partnership will merge two innovative companies, Dalrada will retain ownership of the intellectual rights of the machine before and after the design and development process.
Capable of producing approximately 23 liters of CBD oil per hour, the unique machine will prove to be more cost-effective than existing models and the robust extraction process will result in a pure extract providing maximum bioavailability through the efficient delivery of all-natural phytochemicals.
Interest in the specialized new machine and the unlimited potential it may bring has been widespread and management at Dalrada Precision is excited to start building and distributing them.
"We are in the final stages of contractual negotiations with a US-based corporation as a potential exclusive distributor of the new machines. They already have interest from manufacturers who believe this will be a revolutionary device that will transform multiple industries," according to David Pickett , President of Dalrada Precision.
In keeping pace with increasing global demand of CBD oils and extracts, Dalrada Precision anticipates a growing need for their extraction machine. The company plans on licensing each of the machines to companies in need of extraction and processing services for CBD as well as various pharmaceutical products. The company also plans on educating users while handling routine maintenance of their licensed machines.
"Due to our proprietary technology," Pickett added, "our extraction machine will be able to process matrix/biomass 10 times more than any other industrial extraction machine out in the market. We plan on completing the design by October and will start taking pre-orders as of August 1 st."
Complete financial projections including associated royalties for the extraction machine will be shared in the coming months.
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