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Forza Innovations Inc. Announces Sustainable Origins Operations Update

Forza Innovations Inc. Announces Sustainable Origins Operations Update

Forza Innovation Inc.宣佈可持續起源運營更新
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.

加利福尼亞州聖迭戈,2022年7月12日(Global Newswire)--Via NewMediaWire-Forza Innovation Inc.(OTC Pink:Forz)(“公司”或“Forza”),一家總部位於聖地亞哥創新實驗室的醫療科技可穿戴設備公司,很高興為可持續起源公司(“可持續”)提供公司最新信息,這是我們在Forza框架下的第一筆收購。

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.

總部設在北卡羅來納州夏洛特的可持續起源公司從事可再生燃料投入的收集和提煉業務。自2022年5月31日的新聞稿中提供最近一次更新以來,可持續發展繼續獲得新客户。

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.

如果適當地收集、運輸和回收,烹飪油脂就會轉化為黃色油脂,這是生產可再生柴油中的一種寶貴成分。隨着社會環境意識的增強,對更清潔燃料替代品的需求不斷增加。黃油是可再生柴油生產中的一種成分,可再生柴油是一種更清潔的燃燒燃料,可以減少高達85%的碳排放。氣候變化正日益成為一個更加緊迫的問題,全球對更健康的石油替代品的需求很高,這反過來又增加了對黃色潤滑脂的需求。黃油的價格可能會繼續上漲。

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.

可持續起源公司正在通過與卡羅萊納州簽訂多年合同建立強大的客户基礎,從而在卡羅萊納州迅速擴張。業務的增加促進了收入的增加,收集的產品的售價也在穩步上升。從2022年1月到2022年6月,每加侖汽油的平均售價上漲了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."

可持續發展公司首席執行官阿洛伊修斯·卡拉漢評論説:“我們預計未來每加侖汽油的平均價格將會更高。我們在每個提貨地點都有自己獨特的集裝箱,並有定期的收集計劃,以保持產品的質量不受污染。隨着我們擴大客户規模和收入,我們將提高我們的盈利能力。”

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.

穩步增長的客户羣,可持續發展公司最近與3家Ruth‘s Chris牛排餐廳和3家City Kitch小賣部簽署了幾份收藏合同,每個分店有30家餐廳/美食車。丹佛噴水公司將製造獨特的集裝箱,放置在每個地點。可持續起源已成為北卡羅來納州餐飲與住宿協會(NCRLA)的新聯盟成員,並正在與LEPR廣告公司談判,以增加媒體曝光率和營銷機會。推動業務增長是持續成功的必要條件。可持續發展公司正在正式增加角色並招聘幾名新的團隊成員,以滿足我們日益增長的服務需求。

"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.首席執行官兼首席執行官約翰尼·福爾扎尼表示:“我為阿洛伊和亞歷克斯到目前為止所做的工作感到自豪。在接管了一家在淨虧損的情況下運營了兩年多的業務後,我們在短短4個月內就實現了盈利。對於這個團隊來説,天空是無限的。”

About Forza Innovations Inc.

關於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.

該公司從事健康科技可穿戴性能業務。該公司已獲得某些後期、發展階段、熱身產品的所有所有權和權利。熱身是尖端的、創新的、可穿戴的背部按壓設備。熱的治療性應用會引起軟組織温度的變化,從而降低關節僵硬和減輕炎症。

Please refer to the Company's website

請參閲公司網站

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

欲瞭解更多信息,請聯繫該公司:info@forzInnovations.com。

On behalf of the Board,

我謹代表董事會,

Forza Innovations Inc.

Forza Innovation Inc.

Johnny Forzani, President & Chief Executive Officer

約翰尼·福爾扎尼,總裁&首席執行官

Forward-Looking Statements

前瞻性陳述

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.

本新聞稿中包含的一些陳述屬於前瞻性陳述。前瞻性陳述涉及預期、信念、預測、未來計劃和戰略、預期事件或趨勢,以及與非歷史事實有關的類似表述,例如有關交換協議的結束以及我們的未償債務總額和年度利息支付預期減少的陳述。在許多情況下,您可以通過“可能”、“將會”、“應該”、“預期”、“計劃”、“預期”、“相信”、“估計”、“預測”、“展望”、“潛在”或這些術語或其他類似術語的負面含義來識別前瞻性陳述。本新聞稿中包含的前瞻性陳述反映了我們對未來事件的當前看法,受風險、不確定性、假設和環境變化的影響,這些風險、不確定性、假設和環境變化可能會導致事件或我們的實際活動或結果與任何前瞻性陳述中所表達的大不相同。儘管我們認為前瞻性陳述中反映的預期是合理的,但我們不能保證未來的事件、結果、行動、活動水平、業績或成就。告誡讀者不要過度依賴這些前瞻性陳述。我們在提交給美國證券交易委員會(美國證券交易委員會)的季度和年度報告中的“風險因素”標題下更詳細地討論了其中許多風險。本新聞稿中包含的前瞻性陳述僅代表我們截至本新聞稿發佈之日的觀點和假設。我們沒有義務更新任何前瞻性聲明,以反映聲明發表之日之後的事件或情況,或反映意外事件的發生。


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