AquaLiv Technologies and Verity are conducting their respective due diligence and expect to complete the process in the near future. Terms will be disclosed upon closing.
Verity is organized into three business divisions: Soil Preservation, Water Systems and Consumer Products. Soil Preservation consists of Verity Farms and Verity Turf; Verity Water Systems and, Verity Consumer Products includes Verity Meats, Verity Produce and Verity Grains. Verity Farm’s Meats are known for their taste borne of the company’s strict policy of not utilizing antibiotics, artificial hormones, growth promotants and animal by-products in the production process. Part of the soil problem is experienced through genetic improvement. Hybrid crops have removed some nutrients faster than they have been replaced. The result is imbalances in many farm’s soils that cause important minerals and trace minerals to be unavailable for crop utilization. Commercial production, represented by the very large corporate farms, has failed to recognize this elemental fact about soil and continue to apply large amounts of poorly balanced fertilizer into their soils.
AquaLiv Technologies, Inc., through its subsidiary, AquaLiv, Inc., offers unique solutions and for a variety of industries.
Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company’s future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
SOURCE AquaLiv Technologies, Inc.