Affinor Growers Inc RSSFD

Primary Symbol: C.AFI Alternate Symbol(s): RSSFF

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Affinor Growers Inc. is a Canada-based vertical farming technology company. The Company is a patented technology developer and supplier of turnkey vertical farming facilities, including greenhouse, growing towers, automation and cultivation processes. It has designed and developed the vertical farming tower for soil-based growing for strawberry production. 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 is growing strawberries at four levels in a 15,000 square foot leased greenhouse in Abbotsford British Columbia. The rotating towers have been specifically designed to increase plant density and overall production within a greenhouse, an indoor growing operation and outdoors. It has also developed and patented its own growing towers in Canada, the United States, Colombia and Aruba.

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Affinor Growers Inc > The END GAME,,,,,,,,,,,,,,in PLAY NOW.......????????????

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Comment by perma49on Nov 17, 2022 4:25pm

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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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