FRZA shares are up again 49%
(NASDAQ:FRZA) shares are looking for a third day of gains with the stock up 50% in early trading. The shares...
Alltemp, Inc. (OTCPK:LTMP), a manufacturer of proprietary, environment-friendly refrigerants designed to deliver significant energy and financial savings, announced the approval by the Government of India for the establishment of its India entity, “Alltemp Sustainable Refrigerants India Private Limited.”.Alltemp’s India entity received its Certificate of Incorporation, dated June 10 [th] , 2019, from India’s Ministry of Corporate Affairs.
The establishment of an India corporation opens the door for Alltemp, Inc. to more efficiently deliver its energy saving proprietary alltemp® refrigerants for the massive India market and surrounding region. Alltemp has worked over the past 18 months to establish relationships and prove the value of its products in this region of the world while deepening its understanding of the significant need and market. With this entity formally established, Alltemp plans to substantially accelerate its business plans for sales in this region. Additional developments related to India are expected to be communicated soon.
On May 15, 2019, an updated research report issued by ResearchandMarkets.com noted that, “the India HVAC market is expected to attain a size of $5.9 billion by 2024, progressing at a CAGR of 7% during the forecast period (2019-2024). The major factors driving the growth of the market are increasing number of high-rise building s, hypermarkets in Tier-II cities, and shopping complexes and malls, where HVAC systems are an essential requirement. Furthermore, the market is predicted to progress due to the on-going smart city projects in the nation.” See news at: https://www.businesswire.com/news/home/20190515005493/en/Indias-HVAC-Market-2019-Size-Share-Development
Alltemp, Inc. CEO Bill Lopshire stated, “India is one of the largest markets in the world for our refrigerants. Based on our relationships and sales projections with existing interested parties, this opportunity alone has the capability to deliver positive net income to Alltemp over the next six to nine months.”
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995 (the “Act”), as well as Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In particular, when used in the proceeding discussion, the words “plan,” “confident that,” “believe,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements about the Company’s future expectations, including future revenues and earnings, and all other forward-looking statements are subject to certain risks and uncertainties that are subject to change at any time, and the Company’s actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components for and delays in the start of production, general acceptance of the Company’s products and technologies, competitive factors, the ability to successfully complete additional financing, and other risks.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190717005451/en/
SOURCE: Alltemp, Inc.
Ben Hansel
(720) 288-8495
Copyright Business Wire 2019
(NASDAQ:FRZA) shares are looking for a third day of gains with the stock up 50% in early trading. The shares...
Alltemp, Inc. (OTCQX: LTMP) - Company Profile Alltemp, Inc. Company Profile Alltemp, Inc. has developed a proprietary refrigerant technology, after...
Kraig Biocraft Laboratories (OTCQB: KBLB) - Company Profile Kraig Biocraft Laboratories Company Profile Kraig Biocraft Laboratories, Inc. (Trading Symbol: KBLB)...
Vail Resorts, Inc. (OTCQX: MTN) - Company Profile Vail Resorts, Inc. Company Profile Vail Resorts, Inc., through its subsidiaries, operates...
DISCLOSURE: 24/7 Market News Inc. (247), owns and operates www.247marketnews.com is a third party publisher and news release service provider which disseminates corporate news electronically through multiple online media platforms. 247 is NOT an affiliate with any of the companies mentioned in our reports. 247 is a news distribution service and is not registered with FINRA or any other professional licensing service. 247 is not an analyst, broker dealer or advisor, and holds no such licenses. 247 may NOT offer to buy, sell, and hold any security. 247 Venture Beats, and Breakfast bits and any other corporate profiles will NEVER be a solicitation or recommendation of any kind, of any security mentioned. The materials in all our releases are intended to be for informational purposes only, and should never be considered research or due diligence on any company mentioned. All readers are encouraged to perform standard due diligence by reading the company’s filings at SEC.gov. Readers should consult their broker or licensed professional before investing in any company. All materials in this release are based on publicly available statements made by the companies. 247 is not liable for any investment decisions made by any readers or subscribers. Any investment could result in you losing all of your money from investing in any stock. 247 is compensated for coverage by Alltemp Inc. and expects to be paid according to its signed agreement in restricted stock. 24/7 has been paid previously in 2017 and still holds restricted shares not on deposit and will not be trading in the market of any company mentioned in this release. This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 247 undertakes no obligation to update such statements.
© 2022-2023 24/7MarketNews – The Experts in Investor and Public Relations