AgriFORCE Growing Systems issues a letter to shareholders from Chairman, David Welch, and CEO, Jolie Kahn.Dear shareholders: 2024 is a transformational year for AgriFORCE. Since inception, it has focused on innovation within the agriculture industry, primarily through patenting new technology or seeking to acquire or partner with innovative companies while looking at attainable goals given our size and capital structure. With recent senior management changes and a refocus of our business plan to align with attainable opportunities more realistically in a challenging microcap market, the Company unveils the first steps in its revamped business plan. We have dedicated the first half of 2024 to carefully examine our assets and develop a direction for AgriFORCE to create shareholder value, while addressing ESG issues which remain at the forefront of our collective attention, including fighting climate change. This strategy retains our focus on “AgTech” roots, including working to monetize our exclusive RCS systems license and developing sales and marketing our Awaken Grains flour TM . We seek to take our “AgTech” mandate further by developing partnerships with companies that will help facilitate our expansion into the Carbon Credit and Renewable Energy Credit REC market and to implement blockchain technology to help overcome historical barriers to profitability in the agricultural industry.
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