Eco Allies
(OTC Pink: SVSN) Progresses on $90 million NYSE Listed Hemp
REIT
Eco
Allies(formerly
Stereo Vision)Report
released on EmergingGrowth.com
https://emerginggrowth.com/eco-allies-progresses-on-90-million-nyse-listed-hemp-reit/
Name change to Eco Allies, Inc. (OTC Pink: SVSN) to reflect new
direction of Company
Progresses on $90 million NYSE Listed Hemp REIT
Sale of environmental credits to finance the filing of the $90
million REIT
Expects to yield over $200 million through recent acquisition of
Climate Cure Capital Corp.
Miami, FL-- December 3, 2019
-- InvestorsHub NewsWire – EmergingGrowth.com, a
leading independent small cap media portal with an extensive
history of providing unparalleled content for the Emerging Growth
markets and companies, reports on Eco Allies, Inc. (OTC Pink: SVSN).
This could be the
biggest play in the Hemp space. See the full
story on
http://www.EmergingGrowth.com
SVSN
may not be at these levels much longer.
See the Press
Release and more on Eco Allies,
Inc.
(OTC Pink:
SVSN)
at EmergingGrowth.com
https://emerginggrowth.com/?s=svsn
Eco
Allies's,
Inc. (OTC Pink: SVSN)
bold foray into the lucrative global hemp market—a market projected
to hit $26.6
billion by 2025 according to a report by
ResearchAndMarkets—is
beginning to pay off.
Eco
Allies, Inc. (OTC Pink: SVSN) has formed Amalgamated
Agricultural Properties Inc. (http://hempreit.biz)
to acquire
farms and properties for growing hemp, and establish a mission critical
foundation for its venture into hemp with its planned registration,
for a New York Stock Exchange (NYSE) listing, to be filed with the
SEC for a $90 million Real Estate Investment Trust
(REIT).
Eco Allies, Inc.
(OTC Pink: SVSN) currently owns 500,000 shares
of Amalgamated's
5 million
authorized shares, with 90% of the remaining authorized shares
(4,500,000 shares) to be sold for $20.00 per share yielding
Amalgamated
$90 million to
complete letters of intent (LOI's) that Amalgamated
is
procuring.
Eco Allies,
Inc.'s shareholders will ultimately
be the beneficial owners of 10% of Amalgamated's
5 million shares
then outstanding for $10 million in shareholder equity.
Innovative Industrial Properties (NYSE: IIPR) grew from $20.00 to
$130.00 per share in 18 months.
"Innovative
Industrial Properties Inc., (NYSE: IIPR) has demonstrated that a
cannabis related
REIT can be a success as its stock has grown dramatically in price
from its IPO. Its management and founders reflect the rare
expertise required to be successful in this business and our
Farming Advisors, John Toth (member of the Eco Allies, Inc. Board
of Directors), and Shad Sullivan (Member of the Climate Cure Board
of Directors) are in the same league. Eco Allies, Inc. is another
pioneer following the success of, Innovative Industrial Properties
Inc., (NYSE: IIPR), Unlike IIPR however, Eco Allies, Inc. seeks to
advance the legal cannabis REIT model to benefit
Amalgamated,
and Eco Allies, Inc. through its relationship with
Amalgamated."
said Honour.
The
Amalgamated
REIT, of which
Eco Allies, Inc. (OTC Pink: SVSN) is the current principal
shareholder has already aroused sharp interest from Wall Street
investors who are keen on venturing into the legal cannabis
space.
In
order to assist with the development of Amalgamated,
Eco Allies, Inc. (OTC Pink: SVSN) has incorporated into its a
"Who's Who" of the hemp industry into its board of
directors.
You can view the full team here: http://www.hempreit.biz/
Acreage is
the Holy Grail
Among the many
products made from hemp, CBD can generate as much as $180,000
(CAD)/$140,000 (USD) per acre. This is according to research based
on the Canadian market, which research is more readily available
because at this time, Canada has more progressive cannabis laws
than the U.S. The chart below gives a detailed breakdown of the
potential revenue from one acre of hemp.
Clearly, acreage
is the Holy Grail in hemp cultivation. Revenues are a direct
function of how many acres that can be grown. But expanding
controlled acreage is easier said than done. Farmland is
increasingly expensive in the U.S. Prices have increased
consistently since the early 1990s and even defied the
2008 financial crisis. This is according to analysis
by The Motley Fool, and cited on USA
TODAY.
But here again,
Eco Allies, Inc.'s innovative strategy shines.
Targeting Florida's warm climate, allows 3 crops per year to be
cultivated from the same acreage. The high cost of farmland
presents a challenge to the vast majority of hemp cultivators as
legal cannabis is still a development stage industry and the vast
majority of companies in the space are currently not generating
sufficient revenues or cash flows to purchase irrigated
farmland.
U.S. farmland prices have increased consistently since early
1990s
The average price
of U.S. farmland is currently around $2,728, according to the
aforementioned Motley Fool analyst. Through the planned $90
million-dollar US REIT, Eco Allies, Inc. will be able to access a
considerable amount of acreage. This translates into an opportunity
to generate strong revenues long-term. This is not a typo, but a
calculation based on the average revenue per acre of hemp can be
$100,000+ for hemp.
"A
REIT is designed to raise capital to acquire real estate. In this
instance, Amalgamated
can
raise the cash it needs through a deal with a major Wall Street
Firm to purchase farmland to grow hemp. The Eco Allies, Inc.
strategy leverages conventional funding, expenditure reduction, and
innovative generation of revenue, to produce, and then vastly
increase legal cannabis cash flows for it and its shareholders,"
commented Jack Honour,
CEO of Eco Allies, Inc..
The Climate
Cure Acquisition
"Eco Allies,
Inc.'s recent acquisition of Climate Cure Capital Corporation added
another thoroughbred to the Eco Allies, Inc. stable and furnishes
Eco Allies, Inc. with the way to add a number of revenue generators
to increase Company profits." Stated Jack Honour Eco Allies, Inc. (OTC Pink: SVSN)
Eco Allies, Inc.
acquired 100% of Climate Cure Capital Corporation's stock in
exchange for five million shares of Eco Allies, Inc. restricted
common stock. Eco Allies, Inc.'s General Counsel, Arnold F. Sock,
is a founder, officer, and board member of Climate Cure Capital
Corporation.
Climate
Cure Capital®, the recently acquired
wholly owned subsidiary, is the result of more than 40 years of
combined experience in project design, management, and
implementation in GHG (Greenhouse Gas) reduction and renewable
energy arenas. Our strategy is to identify specific opportunities
to provide, emission reduction or energy efficiency opportunity in
the early stages of a development. Climate Cure provides its
innovative solutions and technologies
while it directs
and manages the necessary technical consultants and becomes the
repository for all of a carbon related project's data.
Climate Cure has
an experienced management team.
You can view the full team here: http://climatecurecapital.com/
The Climate Cure
Capital Corporation acquisition is another
example of management's determination to expand into eco-friendly
businesses with socially positive impacts and strong earnings
potential. Climate Cure Capital Corporation currently has over
295,000 environmental credits in its account. It provides
environmental commodities services to produce and broker carbon
offset credits, emissions offset credits, as well as other offset
credits that finance pollution mitigation.
These credits
have value. Depending on the market, the 295,000 credits held by
Climate Cure Capital can be sold for between $10.00 and $14.00
each, providing $295,000 to $413.000 in cash proceeds. Eco Allies,
Inc. will sell the credits to finance its ongoing progress to
have Amalgamated's
$90 million REIT
listed on the NYSE.
Climate Cure
Capital Corporation has farmed and harvested its proprietary
Paulownia trees for the Ortigalita
Power Plant in
California of which Climate Cure owns 30%. Climate Cure has in
stock 5,000,000 seeds for these proprietary trees it developed
through non-genetic modification. It will also be burning hemp
chaff and hemp by-products to create green gas, electricity, and
carbon and emission offset credits.
Our proprietary
Paulownia Trees, according to WF Billy Barnwell, CEO of Climate
Cure Capital Corporation and Eco Allies, Inc. Board of Directors
member, grow to 2 feet high in 6 weeks after planting and 20 feet
per year to a maximum of 60 feet in 3 years. Climate Cure's
proprietary Paulownia Tree can be harvested at any point after the
first year (at 20 feet) and then used for biomass to produce
energy, producing biochar (a soil amendment), phytoremediation
(soil clean-up), coal supplanting (when processed for such), and
because they are a carbon sink (breathing in CO2) they
result in carbon and emission offset credits that are sold for
additional revenue at the same time they produce revenue from their
primary usage.
According to
Philip Scalzo, (https://www.linkedin.com/in/philip-scalzo-731a5830/)
who was instrumental in analyzing Climate Cure Capital
Corp.'s Paulownia trees, and their
potential market value to Eco Allies, Inc. concluded that a 2,000
lb. tree is 70% water and 30% dry matter. Climate Cure Capital
Corp. is expected to recover 94% or
564 lbs. of the dry matter, (which will still contain 10% moisture)
and sell it to a customer for $140.00 per ton, or $43.86 for each
tree.
Eco Allies,
Inc.'s now wholly owned
subsidiary Climate Cure Capital
Corp has
5,000,000 seeds in stock of which it expects to yield over
$200,000,000.
Grossly
undervalued
Jack
Honour, CEO, Eco Allies, Inc.
(OTC Pink: SVSN) stated "Eco Allies, Inc., which
has a 100% ownership stake in CannaFlora
Farms and Climate
Cure Capital is grossly undervalued in light of its current market
cap of around $9.81 million versus its subsidiaries' potential to
rake in revenues and income in the millions in the near term of
operation without land acquisition costs, debt financing costs, or
stock dilution."
Mr.
Honour
continued, "Eco
Allies, Inc.s potential to become a
billion-dollar company from revenue and income produced by
the Amalgamated
REIT, and its
subsidiaries cannot be downplayed. REITS require that 90% of their
income be distributed to their shareholders, and as a significant
shareholder in Amalgamated,
Eco Allies, Inc. (OTC Pink: SVSN) could look forward to
significant income from its Amalgamated
holdings (as well
as the potential benefit of holding Amalgamated
stock that may
significantly increase in value). Eco Allies, Inc. has a stable of
diversified companies to establish of tremendous shareholder
value."
"Talent
acquisition and retention is at the heart of Eco Allies, Inc.'s
strategy. While we love working with
people who are genuinely passionate about the possibilities our
business model offers, and we put an even greater premium on skill
and competence. Our talent pool is premier quality,"
concluded Honour.
Conclusion
When investors
look at the amazing success story of Innovative Industrial
Properties Inc. (NYSE: IIPR) they often get mesmerized by the
stock chart and forget that successful companies are built by
talented executives like , William Barnwell, James Gaspard (Eco
Allies, Inc. Board of Directors member and biochar [patent holder
and expert), Scientist John Toth (CEO of CannaFlora, Inc. and agriculture
expert), Shad Sullivan (patent holder and farming expert), Arnold
F. Sock (LL.M), Esq., T.J. Culbertson (real estate expert and Eco
Allies, Inc. Board of Directors Member), Wayne Hunton, CRS (CEO and Director
of Amalgamated),
Ron Watson (Eco Allies, Inc. Board of
Directors member and hemp consultant), Glenn Kirk, CPA, and
Jack Honour, who can all successfully
execute strategy.
Adding to this
critical resource are the capabilities and capacities of the wholly
owned current and future subsidiaries of Eco Allies, Inc. These
companies will grow, maintain and expand revenue and income
producing activities. Being "just a REIT," Innovative Industrial
Properties, Inc. (NYSE: IIPR), cannot take advantage of income
generating capabilities available to Eco Allies, Inc. through its
collaborative multi-faceted operations concept and its ability to
execute it.
Once the
Amalgamated
REIT draws much
deserved attention to Eco Allies, Inc. and its difference from just
being associated with an "ordinary REIT," the upside could be
tremendous – Possibly in the six to nine figures" Concluded
Jack Honour, CEO Eco Allies,
Inc.
Safe Harbor Statement: Except for historical information certain
statements in this
newsrelease
may contain forward-looking information within the meaning of Rule
175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and those statements are subject
to the safe harbor created by those rules. All statements, other
than statements of fact, included in this release, including,
without limitation, statements regarding potential plans and
objectives of the Company, are forward-looking statements that
involve risks and
uncertainties.There
can be no assurance such statements will prove accurate and actual
results and future events could differ materially from those
anticipated in such statements. The Company cautions these
forward-looking statements are qualified by other factors and
undertakes no responsibility to update information.
Jack
Honour
CEO
818-326-6018
info@stereovision.com
Eco Allies,
Inc.
OTC Pink:
SVSN
SVSN
may not be at these levels much longer.
See the Press
Release and more on Eco Allies, Inc. (OTC Pink: SVSN) at
EmergingGrowth.com
https://emerginggrowth.com/?s=svsn
Other
Companies in the news and featured on
EmergingGrowth.com
Onconova
Therapeutics,
Inc.
Onconova
Therapeutics,
Inc. (NASDAQ:ONTX) was recently downgraded from buy
at Maxim Group, which also removed its $2.00 target price. The
stock, down from $5.00 in March, had what seemed like a dead cat
bounce from .10 to .34 over the past four sessions. There is
strong resistance at .60.
Have a look
at Eco
Allies, Inc. (OTC Pink: SVSN) who just announced progression on a
$90 million NYSE REIT.
Verus
International,
Inc.
Shares of
Verus
International,
Inc. (OTCQB:VRUS) shot up 140% over the past two weeks
before topping out at the 100-day moving average.
There seems to be
strong resistance at the .21 mark as approximately 32 million
shares cut the stock almost in half in the beginning of
November.
Eco Allies, Inc.
(OTC Pink: SVSN) seems to be trading just a
penny above support and is aggressively targeting the "hemp as a
base raw material" market.
Allied
Security Innovations, Inc.
Shares of stop
sign company Allied Security Innovations, Inc. (OTC:ADSV) were up 2,150% on 145 million shares
before giving back half its gain yesterday. Volume has been
steadily increasing over the past two weeks. The company has
not publicly released any press or filings on OTC
markets.
Have a look
at Eco
Allies, Inc. (OTC Pink: SVSN). whose now
wholly owned subsidiary Climate
Cure Capital Corporation has
5,000,000 seeds in stock of which it expects to yield over
$200,000,000.
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