Forza Innovations' Subsidiary Cooking Oil Recycler Sustainable Origins Introduces New, Larger Steel Collection Tanks; Provides Update
Forza Innovations Inc. (OTC PINK:FORZ) announced the launch of new larger steel storage tanks by its subsidiary, Sustainable Origins. These tanks, designed for storing used cooking oil, enable the company to sign larger accounts, targeting supermarkets and commercial kitchens. An agreement with a chain of 20 Popeyes Chicken restaurants aims to test proof of concept for future expansion. Additionally, the company is negotiating a partnership with TankDepot for nationwide distribution and is expanding its sales force and logistics capabilities to enhance operations in the Charlotte area.
- Launch of larger steel storage tanks aimed at attracting larger accounts.
- Agreement with 20 Popeyes restaurants for potential nationwide expansion.
- Negotiations with TankDepot for national distribution of storage tanks.
- Expansion of sales and logistics operations to support business growth.
- None.
CHARLOTTE, NC / ACCESSWIRE / September 26, 2022 / Sustainable Origins (the "Company"), a wholly-owned subsidiary of Forza Innovations Inc. (OTC PINK:FORZ) today announces the rollout of their newly designed steel storage tanks. The Company places these tanks at customer locations, where they are used to store used cooking oil that is then collected to convert to Biodiesel. The tanks have a higher storage capacity that will allow the Company to sign larger accounts. The Company will be able to serve a new category of clients, including large supermarket chains and commercial kitchens.
Sustainable Origins' next step is to develop automated systems for clients so that they can begin to pursue large restaurant groups. The Company has an agreement in place with a group that owns 20 Popeyes Chicken restaurants where, if they can show proof of concept in one store, they can expand into all their locations. This should be completed within the next month. They are also negotiating an agreement with TankDepot to sell the steel tanks nationwide to other used cooking oil collection companies. Finally, the Company is starting to hire a sales force as well as additional drivers to grow their Charlotte-area business.
Sustainable Origins President Alex Stone is excited about the Company's recent progress, "We expect the next few months to be very productive. As we expand our team and develop new technologies the sky's the limit. At Sustainable Origins, we know that with great growth comes great responsibility, especially to the environment."
ABOUT SUSTAINABLE ORIGINS
Founded in 2020 by two Canadian entrepreneurs with a dream, Sustainable Origins mission is to leave our communities better than we found them by reducing the waste of oil and the stress of disposing it while giving businesses the compensation they deserve to reinvest into their operations. The Company accomplished this by becoming Biodiesel experts through months of research. They connected with scientists, Fortune 500 oil and gas CEO's, investors, and renewable fuel experts. The founders were then referred to a small-scale Used Cooking Oil ("UCO") collection operation based out of Denver, NC called Oil Industries LLC. The owner showed them the ins and outs of the industry throughout 2021 and the Company eventually bought out his business, invested in new equipment and focused on building up a thriving UCO collection business. Sustainable Origins installs storage tanks at the customer's location. Then working with their partners, the Company pays their clients for the oil, collects it without spillage or mess, and converts it to clean burning biodiesel.
CONTACT: Alex Stone
PHONE: (704) 761-3955
EMAIL: Alex@sustainableorogins.ca
ABOUT FORZA INNOVATIONS
Forza Innovations Inc. (OTC Pink:FORZ), is an innovative health-tech lab, stocked with state-of-the-art industrial machinery that specializes in the design and development of patented IP. Our focus at Forza is to create world-class IP and patent our products through both utility and design protection.
Please refer to the Company's website www.forzinnovations.com
CONTACT: Johnny Forzani
EMAIL: info@forzinnovations.com
Forward-Looking Statements
Some of the statements contained in this press release constitute forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts, such as statements regarding the closing of the exchange agreements and expected reduction in our total outstanding debt and annual interest payments. In many cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "outlook," "potential" or the negative of these terms or other comparable terminology. The forward-looking statements contained in this press release reflect our current views.
SOURCE: Forza Innovations, Inc.
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FAQ
What is the significance of Forza Innovations' new steel storage tanks?
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