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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 Nov 17, 2022 4:25pm
240 Views
Post# 35108375

RE:RE:RE:RE:The END GAME,,,,,,,,,,,,,,in PLAY NOW.......????????????

RE:RE:RE:RE:The END GAME,,,,,,,,,,,,,,in PLAY NOW.......????????????
So Affinor (Nick) has a lease agreement with the landowner, Nick, to build and operate the Affinor greenhouse operation. In 2022, Affinor greenhouse produced one strawberry crop to satisfy the ALR regs for land tax benefits.  According to the previous financial reports, Nick received income from Affinor as well as the benefit of Affinor building the greenouse system.  Unless the greenhouse system hasn't been paid for, and the equipment suppliers retrieve their equipment, it will go with the sale of the property.  Nick, as the property owner, will realize the improved value of the farm.   Highly doubt that Nick the land owner will sue Affinor Nick.

Any prospective buyer shoud determine of there are any liens against the property.  Curiously, the real estate listing of the farm does not show or refer to the Affinor greenhouse in any way. Some of the photos in the listing appear to be several years old.    What is the status of the greenhouse?  Is it still operational? Or is it just a big unheated tent?

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