SACRAMENTO, Calif., May 08, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Vortex Brands Co. (USOTC:VTXB) announced updates today on the current status of the company.
CEO Todd Higley stated, "We are moving forward at a steady pace and have many good things in the works. For example, our audit is close to being complete, which when combined with an attorney opinion letter should move us to current status in the next few weeks. Our facility in Sacramento is being set up for long term success and we are in the process of documenting protocol(s) for the assembly of the Phase Angle Synchronization (PAS) units in order to ensure assembly can and will be conducted on a mass scale at the appropriate time."
Mr. Higley went on to say, "We have started evaluating suitable acquisition candidates that are compatible or useful to Blockchain Energy, Inc. as it pertains to manufacturing and installation. At least one of the potential acquisitions being considered has a built in work force that has "carry over" potential as it pertains to our needs with the rollout of the PAS units."
Mr. Higley finished up with, "We are streamlined and poised for success. We have no debt on the books, 207M shares outstanding and our plans for creating solid operating capital are in the works. We look forward to providing more details in the coming weeks. Thank you to each of our shareholders for your interest and support of Vortex Brands."
10 months behind, Still not current, no installs, no contracts and 1 billion shares to dump.
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