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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fusion Pharm Inc (CE) | USOTC:FSPM | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 15 | 01:00:00 |
DENVER, Jan. 9, 2012 /PRNewswire/ -- FusionPharm, Inc. (OTC: FSPM) is pleased to announce that it has successfully filed a provisional patent on its proprietary PharmPod(tm) and PharmPlex(tm) cultivation technologies. The PharmPod(tm) allows FusionPharm to harvest more than one acre of traditionally grown produce in one 320 square foot PharmPod(tm). Further, produce cultivation inside of a PharmPod(tm) requires no harmful pesticides, is not subject to weather and seasonal concerns and uses less than 20% of the water required in traditional agriculture. "We believe our PharmPod(tm) and PharmPlex(tm) cultivation systems will provide a great leap forward in urban farming and production of local, nutritious, picked fresh produce and are looking forward to completion of PharmPlex1 in Denver in Q2 of 2012," said Scott Dittman, CEO.
Safe Harbor: NOTES ABOUT FORWARD-LOOKING STATEMENTS :
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
About:
FusionPharm, currently based in Colorado, was organized to capitalize on opportunities present in the rapidly growing organic produce sector throughout the United States. FusionPharm, Inc's primary focus is to utilize the company's (patent pending) proprietary PharmPod line of cultivation containers for vertical urban farming. FusionPharm is currently piloting its first PharmPlex cultivation center in Denver, Colorado and has partnered with Circle Fresh Farms to provide the agriculture expertise and distribution network for the produce that will be produced by FusionPharm.
Pharmpods are constructed of standard ISO steel shipping containers that are repurposed for use in indoor plant cultivation. Using advanced LED lighting technology, cutting edge growing media and organic certified hydroponic cultivation techniques, a single forty foot PharmPod is capable of growing more produce than one full acre of traditional agriculture in less than half the time. The PharmPod also solves many significant problems plaguing traditional agricultural practices.
For more information visit www.fusionpharminc.com or e-mail info@fusionpharminc.com
SOURCE FusionPharm, Inc.
Copyright 2012 PR Newswire
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