Sprout COVID-19 Contingency Planning
April 15, 2020 For Immediate Release
Pueblo, CO, April 15, 2020 -- Sprout Tiny Homes, Inc. (OTCQB: STHI), an industry leader in designing, manufacturing, and developing state-of-the-art Zero Energy Ready homes, announced today that in complying with Federal, State, and local authorities, it has ensured that proper worker care, social distancing, and community compassion has been and continues to be exercised at all times. As part of Sprout’s strategy to help flatten the curve, Sprout has continued to allow workers to work remotely from their homes. This, however, has slowed down the progress of finalizing the 2019 Annual Financial Report. However, in following the SEC and OTC Market’s guidelines, Sprout has requested to participate in the COVID-19 blanket extension that is being granted to filers at this time.
Sprout anticipates filing its audited Annual Financial Report for 2019 well within the additional time granted by the blanket extensions. As part of moving forward, Sprout will conduct its first Shareholder Call since listing on the OTCQB soon after the Annual Report is filed. Sprout continues to move forward in developing investor tools to allow better communication with investors and other stake holders in the Company. Sprout’s newly appointed Chairman of the Board, CEO Joseph Johnson has continued to emphasize transparency and trust as two key pillars that will enable Sprout to carry itself through this unforeseen pandemic. Mr. Johnson, in identifying Sprout’s North Vista Highlands development in Pueblo Colorado, as a key indicator of the local economy stated, “our ability to continue progress on this earth-friendly development speaks volumes. We planned for potential economic downturns and have contingency planning in place.”
North Vista Highlands is Sprout’s large scale Zero Energy Ready home development in Pueblo, Colorado. North Vista Highlands consists of 1,060 acres and is approved for up to 4,850 residential units and 1,225,000 sq. ft. of retail / commercial space. For more information on Sprout’s housing development visit: www.northvistahighlands.com
Sprout trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies on the OTCQB are current in their reporting and undergo an annual verification and management certification process. For more information on the company, visit www.sprouttinyhomes.com.
Caution Concerning Forward Looking Statements: This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Sprout Tiny Homes, Inc. to differ materially from this implied or expressed by such forward-looking statements. This press release speaks as of the date set first set forth above, and Sprout Tiny Homes, Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in our industry.
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