SAN DIEGO, CA, April 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Forza Innovations Inc. (OTC Pink: FORZ) (the “Company”), a health-tech wearable innovation company, is pleased to provide a company update for previously announced first strategic acquisition under the Forza umbrella. Sustainable Origins, based in Charlotte, North Carolina, is in the business of collections and refinement of renewable fuel inputs.
Aloysius Callaghan, CEO. of Sustainable Origins, comments that, “Sustainable Origins has seen tremendous growth and has roughly doubled the business in the last month. Due to the increase in price for oil and used cooking oil profits have increased by 15 percent since the beginning of the year. We anticipate continued steady expansion as we execute our strategic plan including marketing and equipment upgrades. Sustainable Origins is committed to the effort to provide a clean, sustainable, and eco-friendly future through the recycling of used cooking oil.”
Sustainable Origins has recently commenced a digital marketing campaign with LinkedIn targeting restaurant owners, general managers, operation managers and restaurant group chief executive officers. It is also onboarding with the DeAlva Wilson Agency, which connects larger firms to businesses to facilitate vendor diversity. A platform called supplier gateway will allow this agency to liaison connections to grow our client base.
Sustainable Origins is also upgrading equipment to install Blue Rover Ai tank sensors in the customers oil storage tanks. These sensors will notify the Company how full each customer tank is so pickups can be scheduled with better precision and eliminate the need for the restaurants to call when the tanks become full. This will give Sustainable Origins a competitive advantage as most of our competitors who are not utilizing this technology.
Alex Stone, President of Sustainable Origins, comments that, “Now that we have our equipment and base operations optimized, we can focus on building the business and continue to grow. We are very optimistic and the future is bright for this business.”
“I am pleased with the overall progress Sustainable Origins has made in the short period of time since the acquisition. The team is moving in the right direction and doing what it takes to bring this company to the next level,” stated Johnny Forzani, President and CEO of Forza Innovations, Inc.
About Forza Innovations Inc.
The Company is in the health-tech wearable performance business. The Company has acquired all of the ownership and the rights to certain late, developmental stage, WarmUp products. WarmUp are cutting edge, innovative, wearable, back compression devices. The therapeutic application of heat causes a change in temperature of the soft tissues which decreases joint stiffness and relieves inflammation.
Please refer to the Company’s website www.forzinnovations.com
For further information please contact the Company at: firstname.lastname@example.org
On behalf of the Board,
Forza Innovations Inc.
Johnny Forzani, President & Chief Executive Officer
Some of the statements contained in this press release constitute forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts, such as statements regarding the closing of the exchange agreements and expected reduction in our total outstanding debt and annual interest payments. In many cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “outlook,” “potential” or the negative of these terms or other comparable terminology. The forward-looking statements contained in this press release reflect our current views about future events and are subject to risks, uncertainties, assumptions, and changes in circumstances that may cause events or our actual activities or results to differ significantly from those expressed in any forward-looking statement. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, results, actions, activity levels, performance, or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements. We discuss many of these risks in greater detail under the heading “Risk Factors” in the quarterly and annual reports filed with the Securities and Exchange Commission (SEC). The forward-looking statements contained in this press release reflect our views and assumptions only as of the date of this press release. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.
The content is by GlobeNewswire. DKODING Media is not responsible for the content provided or any links related to this content. DKODING Media is not responsible for the correctness, topicality or the quality of the content.