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United Resource Holdings Group Inc
Shareholder update
Business
Feb 21 2023
5 min read

Shareholder update

URHG Shareholder Update Press Release | 02/21/2023

United Resource Holdings Group, Inc (Pinksheet URHG) announced 02/21/20223


Financial Review Completed


Now that we have completed the financial review, URHG is working with Mike Killman, a CPA, to locate a PCOAB Auditor to prepare our 2021 and 2022 financials to be eligible for the OTCQB.


Mountain Home update


Jett Consulting brings the Mountain Home note owed URHG current, agrees to an increase in the interest rate, and extends the due date to 12/31/2023. URHG is looking at possibly selling this note to a group of investors.


Gorton Solution license update


Gorton Solution’s Vulvic Acid is (1) University Tested (Penn State, Texas A&M, and the University of Missouri), (2) Lab Tested (Poet, Ward, and New Age), (3) Field-Tested (Dan Davidson, Cotton Inc. and Agrilife Extension) and is proven to significantly Increase Crop Yield, Brix value (sugar content), Root Mass and Carbon Capture.


Gorton Solution increases growth through increasing native beneficial soil microbe enumeration, which increases the soil respiration converting more nitrogen in the soil to nitrite-nitrogen that can be absorbed by the plant. It also stimulates larger root mass, increasing the plant's capacity to absorb more nutrients and water. This resulted in greater plant mass and increased harvest quantity of fruit, vegetables, and flowers in ornamental plants. Gorton solution decreases the amount of fertilizer needed and reduces the water needed to grow plants and grasses while making them more drought and heat tolerant.


URHG expects to have 250,000 acres of Corn, Cotton, and Soybeans under contract for 2023, resulting in approximately $6,500,000 in revenues for 2023 for this segment. While also leading to the potential sale of 250,000 tons of tested carbon capture credits.


Patented Sulphur Reduction in Crude Oil


URHG has acquired the rights to market the patented Sulphur reduction method in high Sulphur crude oil in the United States and Canada. Crude Oil with Sulphur content greater than 2.3% can be treated, and the resulting product can then be transported by pipeline. This process Increases the value of the crude oil at the refinery and reduces the transportation cost.


https://patentimages.storage.googleapis.com/c0/2c/9a/bf9238ee0ca9f8/US20220056347A1.pdf


Nelson Properties Update


URHG is looking to refinance approximately $80,000,000 of Nelson Partners property's bank debt and to add $20,000,000 in new equity through United Student Housing, Inc.