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RGGI ENTERS FINAL NEGOTIATIONS TO ACQUIRE IP FOR AGV.
RGGI ENTERS FINAL NEGOTIATIONS TO ACQUIRE IP FOR AGV..
About this update from Resgreen Group International Inc
[{"type":"text","content":"ResGreen Group International, Inc. (OTCPINK: RGGI), Elkhart, Indiana ENTERS FINAL NEGOTIATIONS TO ACQUIRE INTELLECTUAL PROPERTY FOR AN AUTOMATED GUIDED VEHICLE. ResGreen Group CEO Parashar (Parsh) Patel being an accomplished engineer in the field of AUTOMATED GUIDED VEHICLE (AGV) technology, announces the Company has entered into the final negotiations to acquire the new and additional technology that will allow the Company to roll out an AGV prototype in mid-2020..Patel reports that he has aggressively been working with other engineering experts to develop the cutting-edge Intellectual Property (IP) needed for a unique and needed AGV and just this week moved the negotiations into the final stages so that the acquisition is imminent. The type of AGV this will produce is not currently in the marketplace but is being sought after with tremendous demand. RGGI plans to be one of the leaders in this market if not the first.The overall automated guided vehicle market is expected to grow from USD 2.0 billion in 2019 to USD 2.9 billion by 2024 at a CAGR of 7.8%. More information can be found at: https://www.marketsandmarkets.com/Market-Reports/automated-guided-vehicle-market-27462395.html?gclid=CjwKCAiA3uDwBRBFEiwA1VsajA37Sm51oAOKal2ptATWn0Dvzzpqmw0VloUrbN1BiKihtFADkrwxxBoCVuIQAvD_BwEAGV market for retail to exhibit high growth during forecast periodThe retail industry is expected to register the highest CAGR during the forecast period. The increasing globalization, and the emergence of online retailing and bulk retailing have escalated the demand for AGVs in the retail industry. With the growing pressure on retail companies to meet the ever-increasing demand of its customers, the companies are focusing on operating more efficiently. The implementation of AGVs in warehouses and stores helps them achieve this, which is expected to contribute to the highest expected CAGR of the market for retail during the forecast periodABOUT RESGREEN GROUP INTERNATIONAL, INC.RGGI is using certain Know-how and Intellectual Property (IP) that it possesses and looks to acquire and develop components for material handling logistics and certain Automatic Guided Vehicles (AGV) and mobile technologies.Current management has years of professional engineering experience in this space and plans to remain focused and highly motivated to execute on its bu...