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Affinor Growers Inc C.AFI

Alternate Symbol(s):  RSSFF

Affinor Growers Inc. is a Canada-based vertical farming technology and greenhouse operations company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including proprietary greenhouse, growing towers, automation and cultivation processes. It is focused on developing vertical farming technologies and using those technologies to grow fruits and vegetables in a sustainable manner. The Company has vertically integrated growing systems that can offer automated mechanical pollination for fruiting crops and vertical solutions for the vertical farming industry. It has an expansion plan to grow strawberries, romaine lettuce, kale and spinach across Western Canada. It is growing strawberries at four levels in a 15,000 square foot leased greenhouse in Abbotsford, British Columbia. It has developed and patented its own growing towers in Canada, the United States, Colombia and Aruba.


CSE:AFI - Post by User

Comment by Red_Deeron Apr 06, 2021 3:38am
101 Views
Post# 32939887

RE:RE:RE:RE:NICK-LISTEN CAREFULLY YOU CLOWN

RE:RE:RE:RE:NICK-LISTEN CAREFULLY YOU CLOWN
JamesWoods wrote: Funny how much nick has accomplished since he's stepped on board that has flown over your heads....

This is the CSE, related parties can be beneficial in microcaps... Nick isnt getting paid anything...

Hes putting so much time and effort into this and you guys still throwing rocks at him...

Thats okay... I cant wait to see the deep pocket investors cheering this on when they are done loading, enjoy the spot light until then ya bashers


HOW MUCH Indeed eh !!!!!!!!!!!!

Regarding NO Compensation,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,some details from Financials on Sedar

On May 2, 2018, the Company advanced $220,000 to Vertical Designs Ltd. (“VDL”), a company in which an officer and a director the Company had an ownership interest. The advance bore interest at 15% per annum and was secured by a promissory note and the assets of VDL. The promissory note matured on December 31, 2018. During the year ended May 31, 2019 the Company received a payment of $14,536 and wrote the balance of the advance down to $1 as collectability was considered doubtful.

On August 9, 2018, the Company advanced US$75,000 to VDL Colombia S.A.S., (“VDL Columbia”) a company in which director of the Company had an ownership interest. The advance, which bore interest at 15% per annum was secured by a promissory note, the assets of VDL Columbia, and the shares of VLD Columbia held by the interested director. The promissory note matured on August 31, 2018. Prior to May 31, 2019, the director divested his interest in VDL Colombia. As at May 31, 2020, the Company wrote the balance down to $1 as collectability was considered doubtful.


Table of compensation

Consulting fee, retainer or commission
 
Nicholas Brusatore President, CEO and Director

2020 - 40,000
2019 - 120,000
2018 - 120,000


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