Business
Uptick Newswire Stock Day Podcast Hosts the President of EnviroTechnologies International Inc. to Discuss its Expansion into the CBD and Hemp Industry as Well as Other Markets
Uptick Newswire Stock Day Podcast Hosts the President of EnviroTechnologies International Inc. to Discuss its Expansion into the CBD and Hemp Industry as Well as Other Markets.
About this update from Envirotechnologies Intl Inc
[{"type":"text","content":"\nPHOENIX, Jan. 22, 2019 (GLOBE NEWSWIRE) -- The Uptick Newswire Stock Day Podcast welcomed EnviroTechnologies International, Inc. (OTC Pink, Symbol: ETII) (the Company), a publicly listed company that develops and markets proprietary, synergistic products for the oil and gas and agriculture industries as well as wellness products. President and Director, Gaylord Karren, joined Stock Day host Everett Jolly to discuss the Company’s expansion into the CBD industry.\n Jolly began the interview by asking Karren to explain what EnviroTechnologies International Inc. does and how it stands out among others in its industry. Karren explained, “The real differentiator is our electrolyzed, oxidized water. We have been the very first company in the world to bring this to market in a commercial setting.” Karren elaborated that the Company has been using EO generators to remove toxins in a variety of industries over the past two decades. This water replaces numerous toxins and chlorine, and yet is still 100% drinkable and non-toxic. Now, EnviroTechnologies is expanding into the CBD market by offering the generators to licensed growers and distributors to help remove pathogens from their facilities while also improving their yield. Jolly then asked Karren what he expects in terms of upcoming sales and what the price point is for these machines. Karren answered, “We have about 14 different models that we are currently producing, which range from $36K-$110K depending on volume and the type of water that is needed in the specific industry.” Karren also added that the Company has about $2.5 million in sales that are prepared to close in the first quarter. He then explained that they are no longer in a pre-revenue state and that about $1 million in revenue was earned in 2018. Looking to the future, Karren shared that he only expects these revenues to rise. Jolly then asked Karren to share more about the Company’s rich history, which includes over 25 years of research and testing. “We began testing and looking at this water over 20 years ago and we have become the leader in understanding electrolyzed oxidized water.” Karren shared that when they first began, lots of skepticism surrounded the effectiveness and safety of the water. However, it has been thoroughly tested and proven its abilities. “T...