CuraScientific Corp (CSTF)

[02opida]

SACRAMENTO, CA, May 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire - Boon Industries, Inc. (OTC PINK: BNOW) ("Boon" or the "Company"), an innovative bioscience company delivering solutions that benefit people and the planet, is pleased to announce that it has filed its Annual Report on Form 10-K with the Securities and Exchange Commission (SEC) for the year ended December 31, 2021. This is the first periodic report filed by the Company with the SEC since becoming subject to the reporting requirements of the Securities Exchange Act of 1934. The Company previously filed a Registration Statement with the SEC that became effective on February 14, 2022.

The full report is available at: https://www.sec.gov/ix?doc=/Archives/edgar/data/1877788/000187778822000013/bnow-10k.htm

Highlights of the filing include:

A twenty-five percent increase in revenue in 2021 as compared to 2020.
A reduction in stockholders' deficit from $197,700,000 to $69,387,000 as a result of retiring of Series A Preferred Stock.
Net loss in 2021 increased by 20%.