BlueFire Equipment, Corp. (BLFR), Acquires Miracle Life Farm, LLC., a 6 Year Family Owned Farm in Homestead FL with Approximately $3,400,000 in Assets and Revenue as of June 30, 2022
Homestead, FL., Sept. 15, 2022 (GLOBE NEWSWIRE) -- BlueFire Equipment, Corp. (OTC: BLFR) (“BLFR” or “the Company”), a company specializing in emerging industries acquisitions with an emphasis in the business of agriculture, acquires Miracle Life Farm, LLC., a family owned farm in Homestead FL.
Miracle Life Farm, LLC. currently operates on 13 acres of land growing exotic fruit including Thai Guava, Sugar Apple, and Mamay. The exotic fruits have been wholesaled under USDA throughout the nation including chain supermarkets such as Presidente and Windixie. Successfully operating for over 6 years the owners of Miracle Life are ready to expand to larger lots and distribution channels utilizing their experience and network. Through a friendly transaction, the owners merged into BLFR for 81% of its Preferred Class B shares for its control while the founders remained with 19%. Now public, Miracle Life can utilize the capital markets alongside all the USDA benefits to greatly expand its operations and acquire synergistic companies to amplify its growth ultimately leading to overall shareholder value.
As of June 30, 2022 Miracle Life held $3,133,827.95 in assets and $307,423.21 in revenue with December 31, 2021’s yearend generating over $980,000 in revenue. The Company continues to progress its expansion and restructure plans that’ll be shared soon.
About BlueFire Technology, Corp. (BLFR)
BLFR is specialized in emerging industries acquisitions with an emphasis in the business of agriculture. BLFR is primary focused on its first acquisition, Miracle Life Farm, LLC., a family owned farm in Homestead, FL focused on growing exotic fruit including and not limited to Thai Guava, Sugar Apple, Banana, and Mamey under the USDA while utilizing their benefits to sell throughout the States.
For more information visit: https://miraclelifefarm.com
https://finance.yahoo.com/news/bluefire-equipment-corp-blfr-acquires-122500404.html