First Crop
Captiva's Tehachapi yields 151,000 lb organic greens Ticker Symbol: C:VEG Captiva's Tehachapi yields 151,000 lb organic greens Captiva Verde Industries Ltd (C:VEG) Shares Issued 19,492,230 Last Close VEG.H 6/16/2014 $0.44 Tuesday June 17 2014 - News Release Mr. Jeffrey Ciachurski reports CAPTIVA VERDE ANNOUCES FIRST CROP AND DRAFT FARM PLAN Captiva Verde Industries Ltd. is in the process of negotiating and acquiring land leases totalling over 1,100 land acres in two regions within Southern California and one region within Arizona. The first 25-acre field in Tehachapi was planted in early May, 2014, yielding an early June, 2014, harvest of approximately 151,000 net pounds of organic leafy greens. The 12-month farming plan, to be approved by management shortly, calls for another planting of the same 25-acre field this week plus an additional 70 acres with an expected harvest in early to mid-July. As additional acres are brought into production, the farming plan calls for monthly harvests ranging from 1.2 million pounds in August, 2014, and fluctuating each month, up to 2.8 million pounds in March, 2015, for a 12-month total of approximately 20 million pounds. Each land acre yields three crops per season, and the diversity of the regions allows for harvest throughout the year. We seek Safe Harbor. © 2014 Canjex Publishing Ltd.