Tuesday, May 17, 2022 7:57:42 AM
In responding to this announcement, E-Roots Manufacturing has stated that, "Over the past 12 months, our brand and its success have become recognized all over the world. When we were approached by our new partners in Australia, we knew of their success with innovative businesses and our ensuing discussions have reinforced our excited optimism. We anticipate many new opportunities with our partners in Australia/New Zealand and our ZAAG shareholders can expect to see similar announcements soon about new partnerships in other countries."
John Morgan, ZAAG CEO responded as follows to this latest announcement—"Local food security has quickly become a world-wide phenomenon. Our recently announced acquisition of E-Roots Manufacturing followed our own due diligence review of the company and its in-house vertical farming technology and our belief that we had a winning team. Today's announcement demonstrates the massive world-wide potential of a timely business model and its technology."
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
Warren Buffett
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