Amfil Technologies Inc.'s GRO3 Subsidiary is in The Process Of Finalizing the Proposed Roll-Out Plans For 14,000 Sq. Ft. Area

Date : 09/05/2017 @ 8:24AM
Source : New Media Wire
Stock : Amfil Technologies Inc. (PC) (AMFE)
Quote : 0.155  -0.006 (-3.73%) @ 3:57PM

Amfil Technologies Inc.'s GRO3 Subsidiary is in The Process Of Finalizing the Proposed Roll-Out Plans For 14,000 Sq. Ft. Area

Amfil Technologies Inc.

September 05, 2017 08:00 ET

Amfil Technologies Inc.'s GRO3 Subsidiary is in The Process Of Finalizing the Proposed Roll-Out Plans For A 14,000 Sq. Ft. Area of an Up and Coming Facility in Ontario, Canada 

TORONTO, ON--(NewMediaWire - Sep 5, 2017) - Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to provide the shareholders and the investment community with the following update relating to the GRO3 subsidiary.

The ECOPrO3 GRO3 product line is continuing to network, market and expand its brand exposure to the market. Brian Allossery and Ambrose Fillis have been busy working on generated leads and inquiries on the technology and have had expressed interest from a number of industry related retailers as well as with companies that are in the production side of the industry or have cannabis producing business models. 

The GRO3 subsidiary is currently working on the final stages of a quotation request that was received from the same party that the purchase order commitment was received from last month. A RotoGRO representative has already provided this party with an estimated number of units needed for a double stack roll-out of a 14,000 sq. ft. facility. It is estimated that for the 14,000 sq. ft. roll out and with approx. 9000 - 10,000 sq. ft. of total canopy would give an estimated 216 to 240 RotoGRO systems depending on the final layout that will be chosen. The GRO3 Systems operation is preparing a proposal which would provide options where either multiple GRO3-60 systems can be used but are also presenting options for larger GRO3-120 systems which will require fewer units but would support larger capacity requirements simultaneously depending on how the operation sees fit for their needs. We expect to have the proposal and terms decided on before the end of the company's FY Q1 or September 30th 2017. We estimate this order to be roughly 2.5x as large as the first purchase order commitment received by this group.

The related operation also has over 150,000 sq. ft. of non-marijuana related nursery space contained in numerous buildings on a single property. The present proposal covers an existing, smaller greenhouse space situated directly behind the main greenhouses and nurseries. It has been mentioned that they only intend to have their license initially cover this 14,000 sq. ft. rear nursery but it has also been mentioned that there is future potential for either additional greenhouse space to be built in the rear of the same property or perhaps a partial switch over and sectioning off of crops being grown in one of the existing nurseries or a full switch over of one of the existing nurseries if it is permitted or allowed under the ACMPR program. 

As per the Health Canada licensing changes that went into effect earlier this year, "Licensed producers will be permitted to increase cannabis production within their existing facility to the maximum they are authorized to store, based on the capacity and security level of their vault(s) or safe(s). This will allow licensed producers to better manage production as necessary to meet demand."

With the amount of square footage of existing greenhouse space vs the 14,000 starting square footage being proposed, it has been discussed that a very large vault will be built that would be able to accommodate much more storage than just what the production of the first separated greenhouse GRO3 is quoting on can produce. This will allow the 14,000 sq. ft. to be just the first start to a potentially much larger future operation, when successful results are attained with the original 14,000 sq. ft. We anticipate with the success of the systems, we will be called on in the future for recurring business if and when they decide to expand their production capacities.

As of May 25th, 2017 according to Health Canada,

  • 1665 applications received 
  • 265 have been refused 
  • 428 applications are in progress 
  • 69 have been withdrawn 
  • 858 were incomplete and have been returned

With approx. only 25% of applications even getting to the 'in progress' stage, it is important that applicants meet or exceed all requirements throughout the application process., GRO3W can assist with the quality assurance stage for up and coming cultivators, which is a key component of the overall application process. Many of the people who have contacted GRO3W have been development stage cultivators entering or completing the licensing process and are currently planning and building their facilities. This has become a newly discovered area of opportunity for GRO3W and has initiated multiple requests for information, consultations, and quotes.

Subdivision D of the ACMPR specifically discusses quality assurance and the equipment and sanitation program. The GRO3W team can assist applicants by ensuring that this key aspect of the application process goes smoother. The GRO3W JV utilizes Six Sigma practices, ensuring meaningful and conclusive results data. Throughout the installation process, appropriate plant employees are educated and trained to make the application and operation of the system seamless. GRO3W is excited to continue working with cultivators in various stages of the licensing process set up standard operating procedures (SOP) through experience that will be adhered to throughout the lifetime of the operation to ensure the desired results and effectiveness our technology has to offer. 

Ambrose Fillis, on behalf of the JV stated, "We are very excited to be at the leading edge of this technology providing state of the art, patent pending GRO3W Ozone Systems to be integrated into related industries that will enhance and improve the quality and safety of the product.

"The GRO3W JV is now poised to strengthen its market base with some very exciting market growth options which will be presented in the near future. The GRO3W Ozone System operations in Kalamazoo, Michigan is now fully equipped to meet the demands anticipated and the showroom in Ontario, Canada should be up and running by the end of this month." 

We will have more detailed updates regarding this project once we have finalized and both parties have agreed to the proposal which we expect to happen shortly. 

For more information regarding the company please visit www.amfiltech.com and follow us on twitter for further updates from the company @AmfilTech 

About Us 

Amfil Technologies, Inc. is the parent company to three wholly owned subsidiaries. 

1). Snakes & Lagers Inc. holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates a 6,000 sq. ft. and a 7,500 sq. ft. tabletop gaming bar and cafe located in Toronto, Ontario that brought in over $7M CAD in revenue last year. It is in the process of opening a third location at 10,000 sq. ft., the largest to date. Snakes & Lagers Inc. is also the procurement officer of all existing and future Snakes & Lattes Inc. franchises and has the exclusive rights to sell franchise locations globally. Snakes & Lattes Inc. was the first board game bar and cafe in North America, is believed to be the largest in the world and have the largest circulating public library of board games in North America for customers to choose from. Snakes & Lattes Inc. currently has a 90 member staff and recently acquired the exclusive distribution rights throughout Canada for some of the most popular board games in the world such as Cards Against Humanity and Exploding Kittens. BlogTO.com recently named Snakes & Lattes Inc. the best late night cafe in Toronto and has also been named the best fulfillment house in Canada by Jamey Stegmaier, the most influential blogger within the board game fulfillment sphere. For more information on Snakes & Lattes Inc. feel free to visit the website at www.snakesandlattes.com. 

2). The EcoPr03 GRO3 Antimicrobial System was jointly developed between Amfil Tech and A.C.T.S. Inc. which recently rebranded its technology under Advanced Ozone Integration as an extension of the existing ozone technology being utilized in the food and beverage industry and integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco, Sun Pacific and many others. The system is a triple-function sanitization unit capable of naturally eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators (like aphids, whiteflies and spider mites), as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals. The unit can also constantly regulate a given facility's water supply, oxygenating the water and maintaining a consistent PPM infusion of ozone that prevents the formation of algae, bacteria or mold (allowing for comprehensive water recycling), simultaneously removing the need to use pesticides and/or dangerous, often carcinogenic products to treat production problems, as is common throughout the industry today. This environmentally-friendly solution also eliminates odors, while slightly reducing the air temperature, lowering energy consumption by the HEPA filtration and HVAC systems and could potentially allow for a facilities process to be labeled certified organic in the U.S.A. when the crop is no longer considered illegal on the federal level, otherwise "Clean Green" or "Certified Kind" in the meantime. The EcoPr03 GRO3 Antimicrobial System recently passed product review by a registered USDA certifying agent for use in California as well as Pennsylvania and surrounding states. More information on this product line can be found on the www.grozone.biz website or on twitter @GRO3Systems. 

3). Interloc-Kings Inc. is a hardscape construction company servicing the Greater Toronto Area. This subsidiary is an authorized Unilock installer, Unilock being, North America's premier manufacturer of concrete interlocking paving stones and segmental wall products. Interloc-Kings Inc. has an A+ Rating with the Better Business Bureau (BBB) and a 10/10 rating on homestars.com. Specializing in stone and wood installations between $5,000 and $150,000 per project, Interloc-Kings Inc. has quickly become a top, high quality installation company of outdoor living areas in the GTA. More information on this subsidiary can be found at the website www.interloc-kings.com. 

Safe Harbor Statement 

This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "confident", "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.  

 

CONTACT INFORMATION

CONTACT: 
Roger Mortimer 
Amfil Technologies Inc. 
Telephone: (647) 880-5887 
Email: ir@amfiltech.com

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