Business
Ameritek Ventures Merges with VW Win Century and Becomes Owner of the FlexFridge Patent; FlexFridge to Focus on B2B Markets
Ameritek Ventures Merges with VW Win Century and Becomes Owner of the FlexFridge Patent; FlexFridge to Focus on B2B Markets.
About this update from Ameritek Ventures
[{"type":"text","content":"\n We are cleaning up the balance sheet to help grow the company to the next level. LAS VEGAS, Jan. 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Ameritek Ventures, Inc. (OTC: ATVK), a company focused on developing and launching innovative technology manufacturing products for businesses and governments, announced today its merger with VW Win Century, Inc. (formerly FlexFridge, Inc.). Ameritek Ventures now owns the FlexFridge mini fridge patent via its wholly-owned subsidiary, FlexFridge, Inc., which is in the final stages of a production prototype for manufacturing. FlexFridge was reengineered to focus on business-to-business markets that require refrigeration for storage items such as meats, beverages, medicines and blood. The company will launch a new FlexFridge website to focus on B2B markets. FlexFridge B2B ProductFlexFridge was redesigned to be used for medical purposes, and the company will submit product specifications for testing with the proper certification bodies. One of those certification bodies is UL, which provides medical certifications. FlexFridge offers four cubic feet, foldable, portable refrigeration storage on wheels. The eight-hour battery allows users to keep meat, milk, blood and medicine cool at a set temperature. FlexFridge is loaded with powerful sensors providing key data about current temperature, leakage, weight, humidity and spoilage. The company is developing a FlexFridge mobile app that will let users monitor multiple FlexFridge units simultaneously. This product is for companies that transport a large supply of perishable items and need to share their data with headquarters. If there are problems with an item inside the unit, the user will be notified immediately. Best of all, FlexFridge folds for storage. When FlexFridge is folded, its storage footprint is reduced by half. Ameritek Chairman and CEO Dr. Shaun Passley said, “FlexFridge is a timely product. We are working quickly to manufacture FlexFridge for mass market and to get the medical certification done as quickly as possible.” Cleaning up the Balance SheetAmeritek is working on cleaning up the balance sheet. Its lawyers are making the necessary filings. Per a recent court ruling, the definition of what is a dealer has been confirmed by a federal judge. Financing done by the previous management team is not valid based on t...