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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 perma49on Jul 09, 2021 11:19pm
136 Views
Post# 33525923

RE:This one is......done!!!! time to move on folks!!

RE:This one is......done!!!! time to move on folks!!
THink you might be right.  According to the SEC Financial Reports, there isn't much left in the coffers.  Interestingly, Nick, the company will receive licensing revenue and  from the 200 new towers on order.  Don't know who is fabricating them.  Cobotix Mfg made the original towers and there was an attempt at a business relationship with them for stocks for towers.  However, the undertaking was later cancelled.  The company has also written off the expenses for the original towers.
The financials also show that almost all AFI expenses to companies that are operated by the principals of AFI and the directors.   Great if they ever manage to produce anything .

There is also the issue of being in the ALR.  The farm needs to producing in order to take advantage of the agricultural tax rate.

https://sec.report/otc/financial-report/280589
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