Efftec International Inc. Announces New Sales of Private Label Grow Lamps
(firmenpresse) - LAS VEGAS, NV -- (Marketwired) -- 02/25/16 -- Efftec International, Inc. (OTC PINK: EFFI) is pleased to announce another order for $35K of high volume, consumable 1000W HPS grow lamps from HydroLight, based in Detroit, Michigan. We continue to see strong demand for our specialty lighting products for both indoor gardening and for hydroponic growing across all industries.
While we are seeing exponential organic growth of our business, we are also focused on growing via acquisition. We are in advanced discussions with several businesses involved in the "nutrient" space, and expect to close an acquisition which will be accretive to earnings within a few weeks. We have also been working with a "grow" facility in California where we will be providing consulting services, consumables and specialty products. We expect this business relationship to evolve into a long term partnership and/or joint venture. We will announce further details within a few weeks.
Dr. John Morris Jr. stated, "Our existing businesses are continuing strong growth and we anticipate closing at least one acquisition this quarter. We would like to thank our shareholders for their continued support."
For more information please contact:
Efftec International, Inc.
(888)-420-4213
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Datum: 25.02.2016 - 08:40 Uhr
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News-ID 1417755
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