Business
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
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.
About this update from Amfil Technologies Inc.
[{"type":"text","content":"\n \n \n 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\n \n \nAmfil 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\n \n TORONTO, ON--(Marketwired - 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.\n 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. \n 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.\n 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 gre...