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Tuesday, September 27, 2022 8:53:02 AM
https://www.otcmarkets.com/stock/GHMP/news/story?e&id=2334187
Accredited Solutions (f/k/a Good Hemp) Signs OEM Distribution Agreement for Suite of Core Products with Houston-Based Manufacturers' Rep Company That Delivers Oilfield Services Solutions
SANDY, UT / ACCESSWIRE / September 27, 2022 / Accredited Solutions, Inc, formerly Good Hemp, Inc. (OTC PINK:GHMP), announced today that it has entered an OEM distribution agreement with Specialized Power Solutions (SPS), a Houston, Texas-based manufacturers' rep company focused on oilfield services solutions. Under the agreement, SPS will distribute the Company's proprietary plant-based Cleaner/Degreaser products, PetroXstreamTM and EnviroXstreamTM, as well as its recently added Corrosion CureTM, a "green" single component waterborne metal protector that creates an immunity against corrosion.
"We are extremely excited with the prospect of SPS introducing our environmentally-sensitive, yet incredibly effective, products into their sales channels that focus on oilfield services solutions," explained Interim CEO, Douglas Martin. "We are particularly pleased to know that SPS shares our vision of a two-step solution to the corrosive effects of the sulfur gases on the metal surfaces of oil well-site equipment: first, clean and degrease the metal surfaces with PetroXstreamTM, then, coat the surfaces with Corrosion CureTM. Additional opportunities are available through SPS for EnviroXstreamTM in various consumer products channels, as well as for Corrosion CureTM in large industrial settings," Mr. Martin concluded.
According to IBISWorld, the U.S. oil and gas field services industry in which the Company's products compete will reach approximately $82.2 billion for all of 2022.
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