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Forte Group Holdings Inc C.FGH

Alternate Symbol(s):  FGHFF

Healthcare
Forte Group Holdings Inc. is a diversified lifestyle and wellness consumer packaged goods company. The Company develops and manufactures a range of alkaline and mineral-enriched beverages and nutraceutical supplements for both its TRACE brand and private-label clients. It operates through two segments: alkaline and mineralized beverages and supplements and eCommerce. The alkaline and mineralized beverages include the development and manufacturing of the TRACE brand and other beverages and supplements. The eCommerce segment includes direct-to-customer sales of natural health products. The Company owns a pristine natural alkaline spring water aquifer and operates a 40,000-square-foot, Health Canada-and HACCP-certified manufacturing facility near Osoyoos, British Columbia. The Company’s distribution network includes traditional retail and e-commerce channels, delivering wellness-focused products directly to consumers through its innovative offerings.


CSE:FGH - Post by User

Forte Group Holdings Inc > Marcello Leone sells additional 3,800,000 shares
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Comment by shnepson Jan 14, 2021 8:33am
196 Views
Post# 32292530

RE:RE:RE:RE:Marcello Leone sells additional 3,800,000 shares

RE:RE:RE:RE:Marcello Leone sells additional 3,800,000 sharesThere are currently five wells on the property:
Only two wells are licenced: 1. Permit #500917 is held by Naturo and is for the bottling facility. This permit is for 8.5M3 per day and 3,120M3 per year. The second license also belongs to Naturo and is for irrigation purposes only. It is allowed 289,560M3 per year.
The remaining permits (unlicenced) are for irrigation, water supply (cattle) and domestic water supply.
There is only one well licensed to remove water for the bottling facility.
These are current permits which are listed on the BC governments website site.
I will contact Luca today and clarify.
You cannot automatically convert irrigation licenses to water removal licences. When you irrigate the vast majority of the water landing on the surface returns to the aquifer (except for evaporation). Water removal is a different thing which is why the existing water licence for the bottling facility is so small.
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