Apex Farms Corp. Announces Issuance of Second Patent
Friday, July 6, 2018 9:45 AM
WILMINGTON, DE / ACCESSWIRE / July 6, 2018 / Apex Farms Corp. (''Apex'' or the ''company'') is pleased to announce it has been issued another patent by the USPTO (United States Patent and Trademark Office). To date, the company has been issued a total of two patents 9,795,097 and 10,004,188. Apex also filed a continuation patent application upon accepting the patent and hopes to be granted more patents in the future. Alexander M. Woods-Leo, the Founder and CEO of Apex, stated that ''These patents are significant contributions to the vertical farming sector as they have functional uses that allow vertical farming to become more versatile.''
Recently, Apex completed the construction of its first residential vertical system for a client in Wilmington Delaware. Originally, the Apex Vertical System was designed for commercial usage. However, after receiving an increased number of inquiries for a residential variation of the system, Apex modified the original system for home use. Mr. Woods-Leo went on to say "The company is currently in the process of making an even smaller variation of the Apex Vertical system that can eventually be boxed and sold at retail stores such as Lowes, Home Depot, and even Amazon.''
About Apex Farms Corp.
Apex Farms Corp. designs highly practical vertical growing systems that even the little guy can afford! We have analyzed, challenged, and worked out a system for growing food that can be accessible to everyone at relatively low prices. We see our community as the world at large, standardizing our farming method to create jobs, cultivate healthier eating opportunities, and reducing the carbon footprint is our main focus.
With global hunger on the rise, many farms face challenges in meeting demand due to the high costs of water, land, energy, and labor. Apex Farms Corp. has developed a Vertical Farming System to address this need. Using patented and patent-pending technology, the hydroponic system can grow a wide variety of plants, including vine plants, root plants, flowers, and greens. The planting rows are stacked to reduce overall resource use but are fully accessible for harvesting from the ground - no need for conveyor belts, scaffolding, or complex machinery. Ultimately, the company wants to achieve the highest levels of efficiency and allow clients to fully customize their farm.
The information set forth above includes statements, estimates, projections with respect to our anticipated future performance and other forward-looking statements, which are subject to risks, uncertainties and assumptions. In some cases, you can identify these statements by forward-looking words such as ''may,'' ''might,'' ''will,'' ''should,'' ''expect,'' ''plan,'' ''anticipate,'' ''believe,'' ''estimate,'' ''predict,'' ''potential,'' ''future'' or ''continue,'' the negative of these terms and other comparable terminology. The forward-looking statements include statements about our ability to successfully create systems that can be packaged and sold at stores and online, our ability to obtain additional patents, our ability to successfully generate revenues, grow our business and execute our business plan. Such forward-looking statements are based on current plans, estimates and expectations and are made pursuant to the Private Securities Litigation Reform Act of 1995. These statements, estimates and projections are based upon various assumptions that we made concerning our anticipated results and industry trends, which may or may not occur. We are not making any representations as to the accuracy of these statements, estimates or projections. Our actual performance may be materially different from the statements, estimates or projections set forth above as a result of various risks applicable to our company as discussed in our Form 1-A Offering Statement that was filed with the Securities and Exchange Commission. Such risks include, but are not limited to the possibility that (1) we may experience delays in the commercial operations of our Apex Vertical System; and (2) we are in the process of securing our intellectual property; and (3) sales expectations may not be realized. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Apex is ''testing the waters'' under Regulation A of the Securities Act of 1933. This process allows companies to determine whether there may be interested in an eventual offering of its Securities. The company is not under any obligation to make an offering under Regulation A. It may choose to make an offering to some, but not all, of the people who indicate an interest in investing, and that offering might not be made under Regulation A. If the Company does go ahead with an offering, it will only be able to make sales after it has filed an offering statement with the Securities and Exchange Commission (SEC) and the SEC has ''qualified'' the offering statement. The information in that offering statement will be more complete than the information the company is providing now, and could differ in important ways. You must read the documents filed with the SEC before investing.
No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted, and no part of the purchase price can be received until an offering statement on Form 1-A is qualified pursuant to the Securities Act of 1933, as amended, and any such offer may be withdrawn or revoked without obligation or commitment of any kind, at any time before notice of its acceptance is given after the qualified date. Any person's indication of interest involves no obligation or commitment of any kind.
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Apex Farms Corp.
501 Silverside PMB#352
Wilmington, DE 19809
SOURCE: Apex Farms Corp.