Business
Amfil Technologies Inc. Provides General Overview on New Year 2018's Immediate and On-Going Focus for the Company
Amfil Technologies Inc. Provides General Overview on New Year 2018's Immediate and On-Going Focus for the Company.
About this update from Amfil Technologies Inc.
[{"type":"text","content":"\n\n TORONTO, ON, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to provide a general overview of the company’s immediate focus, goals, and strategic initiatives for calendar 2018.\n Continuing from the achievements and growth realized throughout 2017, the company is positioned to significantly expand operations as we enter the new year. Shareholders can expect growth and expansion to continue as we execute on the company’s proven business models and growth strategies for each respective subsidiary and division. Key initiatives to expect include: GRO3 Shareholders can expect significant developments throughout 2018 from the GRO3 and overall medical marijuana initiative. As legalization continues to spread throughout the United States, and as legalization is implemented nationally in Canada this year, the company is well positioned to develop a significant market share in the industry by ensuring that industry products are meeting regulatory requirements. The company will continue working alongside our Canadian cultivation partners, and will complete the rollout of the GRO3 / RotoGRO technologies in their new facility, which is currently under construction. The company will set up a showroom in California, showcasing the product lines for the Californian market as we anticipate it becoming a large focus of the company’s sales and marketing efforts. Key personnel residing in California have been hired and will be handed the existing leads and ongoing discussions the company is undertaking with Californian cultivators in order to close the leads and realize sales. More info on this initiative coming shortly. The company will continue to work with existing contacts and other interested parties on their schedules in order to accommodate and facilitate their roll-out needs, and the introduction of the technology into their facilities. 2017 laid major groundwork in the industry that this subsidiary should be able to capitalize on it throughout 2018, converting interest into purchase orders.  Corporate Company Audit: We expect this process to be completed, submitted, and announced this month. Following the audit completion, the company will immediately seek to up-list to the OTCQB or OTCQX, dependent upon share price and negotiation with the exchange. Once up-listed...