Karney essentially said they same when they moved to AZ wharehouse in June 2005
June 27, 2005 - 7:01 AM EST
Produce Safety and Security International, Inc. Announces Letter of Intent to Purchase a 100,000 Sq/ft Facility in Arizona and Board Approval for Reduction of Authorized Shares
Produce Safety & Security International, Inc. (OTC: PSDC) (formerly (OTC: PDSS)) is pleased to announce the company has entered into a letter of intent for the purchase of a 100,000-plus-square-foot Facility in Prescott, Arizona. The company has submitted an offer for the purchase of the 100,000-square-foot facility.
Clarence W. Karney, CEO of Produce Safety & Security, states that this facility will house the company's Corporate Offices, Food Safe Risk Reduction Process, Reconditioning and Cross Docking Operation, Spherequat/Medic-Kleen Western Distribution, Biodegradable Fruit-Tray Operation, a Showroom for all products, Truck Sanitation Process, Food Brokerage Operation, GIS Inspection Operation, Home Unit Marketing, Food Safety & Risk Reduction Training and Food Safety Audits. This facility is expected to employ over 400 employees and efficiently provide service to the majority of the company's West Coast clients.
It is intended that PDSC will provide deliveries of PSSI/GSI Certified Product to their contract clients daily, and that this Facility will be the model for planned future distribution center openings which meet all the requirements of Food Safety and Risk Reduction Program.
The Board of Directors has also approved a reduction of authorized shares for the company. Authorized shares will be reduced from the current 12 billion shares authorized down to 27 million shares.