Business
Advantis Corp. Recaps 2015, Moves Corporate Office
Advantis Corp. Recaps 2015, Moves Corporate Office.
About this update from Advantis Corporation
[{"type":"text","content":"\n \n \n Advantis Corp. Recaps 2015, Moves Corporate Office\n \n \nAdvantis Corp. Recaps 2015, Moves Corporate Office\n \n SANTA ANA, CA--(Marketwired - Jan 11, 2016) - ADVANTIS CORPORATION (OTC PINK: ADVT) summarized 2015 developments and progress from its new corporate offices in Santa Ana, California. Advantis Corp. emerged from its chrysalis in 2015. The company began the year as Ramoil Management, Ltd.; an interim CEO kept the company afloat during an exhaustive search that landed Jeremy Foti, who is proving to be the most proactive CEO in its history. Since Foti came aboard with his management team in June, the seasoned leader brought company financials up to date, significantly reduced corporate debt, and spearheaded several new projects that promise to generate the most notable revenues the company has ever achieved. \n Foti has decidedly changed the face of the company. He has relocated corporate offices, acquired new machinery for proprietary product production, and changed the name and symbol of the company to better reflect the diversified strategy Advantis is implementing. \"We have been working diligently to develop business partnerships and negotiating with several companies to bring into the Advantis family,\" CEO, Jeremy Foti reflected. \"We secured distribution agreements with CleanVD®, LipMed RX, and Innovative Merchandising Solutions. Most recently, we signed agreements with the southern California 7/11 Union 76 gas station to sell the LipMed RX products through their store. We are establishing a strong foothold with our product distribution partners and there is more exciting news yet to come.\" Foti has delivered on nearly every goal he set, and revels in his ability to achieve success while overcoming challenges. \n One of the developments of 2015, the acquisition of the 20L Supercritical CO2 extraction machine, has been slightly delayed. Announced in September, the device was to be fully operational within 90 days of acquisition, however unforeseen events related to the property the device was to be housed in has delayed its delivery and operation. Vice President and operational leader, Geoffrey Broderick, updated the status of the device, saying, \"We were hoping to secure that Flint, Michigan property we announced at the end of the 3rd quarter, however the property savings versus the increased cost...