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Forza Innovations Inc. Announces Sustainable Origins Operations Update

Forza Innovations Inc. Announces Sustainable Origins Operations Update

Forza Innovation Inc.宣布可持续起源运营更新
GlobeNewswire ·  2022/07/12 09:05

SAN DIEGO, CA, July 12, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Forza Innovations Inc.  (OTC Pink: FORZ) (the "Company" or "Forza"), a health-tech wearable company based out of the Innovation Lab in San Diego, is pleased to provide a company update for Sustainable Origins Inc. ("Sustainable"), our first acquisition under the Forza umbrella.

加利福尼亚州圣迭戈,2022年7月12日(Global Newswire)--Via NewMediaWire-Forza Innovation Inc.(OTC Pink:Forz)(“公司”或“Forza”),一家总部位于圣地亚哥创新实验室的医疗科技可穿戴设备公司,很高兴为可持续起源公司(“可持续”)提供公司最新信息,这是我们在Forza框架下的第一笔收购。

Based in Charlotte, North Carolina, Sustainable Origins is in the business of collections and refinement of renewable fuel inputs. Sustainable continues to acquire new clients since the last update provided in a press release dated May 31, 2022.

总部设在北卡罗来纳州夏洛特的可持续起源公司从事可再生燃料投入的收集和提炼业务。自2022年5月31日的新闻稿中提供最近一次更新以来,可持续发展继续获得新客户。

When properly collected, transported and recycled, cooking grease is converted into yellow grease, a valuable component used in the production of renewable diesel. There is a perpetually increasing demand for cleaner fuel alternatives as society becomes more environmentally conscious. Yellow grease is a component in the production of renewable diesel, a cleaner burning fuel that reduces carbon emissions by up to 85 percent. Climate change is becoming a more pressing issue by the day and healthier alternatives to petroleum are in high demand worldwide, which in turn increases the demand for yellow grease. That price of yellow grease is likely to continue to rise.

如果适当地收集、运输和回收,烹饪油脂就会转化为黄色油脂,这是生产可再生柴油中的一种宝贵成分。随着社会环境意识的增强,对更清洁燃料替代品的需求不断增加。黄油是可再生柴油生产中的一种成分,可再生柴油是一种更清洁的燃烧燃料,可以减少高达85%的碳排放。气候变化正日益成为一个更加紧迫的问题,全球对更健康的石油替代品的需求很高,这反过来又增加了对黄色润滑脂的需求。黄油的价格可能会继续上涨。

Sustainable Origins is rapidly expanding through the Carolinas by building a strong customer base with multi year contracts. Increased business has boosted revenues and the selling price point of collected product is also steadily rising.  From January 2022 thru June 2022 the selling price has risen by over $1.30 per gallon on average.

可持续起源公司正在通过与卡罗莱纳州签订多年合同建立强大的客户基础,从而在卡罗莱纳州迅速扩张。业务的增加促进了收入的增加,收集的产品的售价也在稳步上升。从2022年1月到2022年6月,每加仑汽油的平均售价上涨了1.3美元以上。

Aloysius Callaghan, C.E.O. of Sustainable, comments that, "We expect the average price per gallon to be higher going forward. We have our unique containers at each pick up site and a regular collection schedule which maintains quality of the product without contaminates. As we scale clients and revenues, we will increase our profitability."

可持续发展公司首席执行官阿洛伊修斯·卡拉汉评论说:“我们预计未来每加仑汽油的平均价格将会更高。我们在每个提货地点都有自己独特的集装箱,并有定期的收集计划,以保持产品的质量不受污染。随着我们扩大客户规模和收入,我们将提高我们的盈利能力。”

Steadily growing its customer base, Sustainable has recently signed several contracts for collections with 3 Ruth's Chris Steakhouse restaurants and 3 City Kitch Commissaries with 30 restaurants/food trucks per location. Denver Waterjet will be fabricating unique containers to place at each location. Sustainable Origins has a new allied membership with NCRLA (North Carolina Restaurant & Lodging Association), and is in talks with LEPR advertising agency to increase media exposure and marketing opportunities. Fueling the growth of the business is imperative to continued success. Sustainable is officially adding roles and hiring several new team members to meet the growing demand of our services.

稳步增长的客户群,可持续发展公司最近与3家Ruth‘s Chris牛排餐厅和3家City Kitch小卖部签署了几份收藏合同,每个分店有30家餐厅/美食车。丹佛喷水公司将制造独特的集装箱,放置在每个地点。可持续起源已成为北卡罗来纳州餐饮与住宿协会(NCRLA)的新联盟成员,并正在与LEPR广告公司谈判,以增加媒体曝光率和营销机会。推动业务增长是持续成功的必要条件。可持续发展公司正在正式增加角色并招聘几名新的团队成员,以满足我们日益增长的服务需求。

"I am proud of the work Aloy and Alex have put in so far. After taking over a business that was operational for over 2 years at a net loss, in 4 short months we have already reached profitability. The sky is the limit for this team," stated Johnny Forzani, President and CEO of Forza Innovations Inc. 

Forza Innovation Inc.首席执行官兼首席执行官约翰尼·福尔扎尼表示:“我为阿洛伊和亚历克斯到目前为止所做的工作感到自豪。在接管了一家在净亏损的情况下运营了两年多的业务后,我们在短短4个月内就实现了盈利。对于这个团队来说,天空是无限的。”

About Forza Innovations Inc.

关于Forza Innovation Inc.

The Company is in the health-tech wearable performance business.  The Company has acquired all of the ownership and the rights to certain late, developmental stage, WarmUp products.  WarmUp are cutting edge, innovative, wearable, back compression devices.  The therapeutic application of heat causes a change in temperature of the soft tissues which decreases joint stiffness and relieves inflammation.

该公司从事健康科技可穿戴性能业务。该公司已获得某些后期、发展阶段、热身产品的所有所有权和权利。热身是尖端的、创新的、可穿戴的背部按压设备。热的治疗性应用会引起软组织温度的变化,从而降低关节僵硬和减轻炎症。

Please refer to the Company's website

请参阅公司网站

For further information please contact the Company at: info@forzinnovations.com

欲了解更多信息,请联系该公司:info@forzInnovations.com。

On behalf of the Board,

我谨代表董事会,

Forza Innovations Inc.

Forza Innovation Inc.

Johnny Forzani, President & Chief Executive Officer

约翰尼·福尔扎尼,总裁&首席执行官

Forward-Looking Statements

前瞻性陈述

Some of the statements contained in this press release constitute forward-looking statements.  Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts, such as statements regarding the closing of the exchange agreements and expected reduction in our total outstanding debt and annual interest payments.  In many cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "outlook," "potential" or the negative of these terms or other comparable terminology.  The forward-looking statements contained in this press release reflect our current views about future events and are subject to risks, uncertainties, assumptions, and changes in circumstances that may cause events or our actual activities or results to differ significantly from those expressed in any forward-looking statement.  Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, results, actions, activity levels, performance, or achievements.  Readers are cautioned not to place undue reliance on these forward-looking statements.  We discuss many of these risks in greater detail under the heading "Risk Factors" in the quarterly and annual reports filed with the Securities and Exchange Commission (SEC).  The forward-looking statements contained in this press release reflect our views and assumptions only as of the date of this press release.  We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

本新闻稿中包含的一些陈述属于前瞻性陈述。前瞻性陈述涉及预期、信念、预测、未来计划和战略、预期事件或趋势,以及与非历史事实有关的类似表述,例如有关交换协议的结束以及我们的未偿债务总额和年度利息支付预期减少的陈述。在许多情况下,您可以通过“可能”、“将会”、“应该”、“预期”、“计划”、“预期”、“相信”、“估计”、“预测”、“展望”、“潜在”或这些术语或其他类似术语的负面含义来识别前瞻性陈述。本新闻稿中包含的前瞻性陈述反映了我们对未来事件的当前看法,受风险、不确定性、假设和环境变化的影响,这些风险、不确定性、假设和环境变化可能会导致事件或我们的实际活动或结果与任何前瞻性陈述中所表达的大不相同。尽管我们认为前瞻性陈述中反映的预期是合理的,但我们不能保证未来的事件、结果、行动、活动水平、业绩或成就。告诫读者不要过度依赖这些前瞻性陈述。我们在提交给美国证券交易委员会(美国证券交易委员会)的季度和年度报告中的“风险因素”标题下更详细地讨论了其中许多风险。本新闻稿中包含的前瞻性陈述仅代表我们截至本新闻稿发布之日的观点和假设。我们没有义务更新任何前瞻性声明,以反映声明发表之日之后的事件或情况,或反映意外事件的发生。


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