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Firma Holdings Announces Corporate Update

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Firma Holdings Corp. (OTC PINK:FRMA) announced a corporate update on March 8, 2021, focusing on financial restructuring and the establishment of two new subsidiaries: Firma Advanced Carbon Materials, Inc. and Firma Renewables Corp.. These subsidiaries aim to develop sustainable technologies and are currently in negotiations with notable partners in their fields. Additionally, the company is updating its financials to comply with OTC Markets requirements and plans to launch a new website on March 9, 2021.

Positive
  • Formation of two subsidiaries focused on sustainable technologies.
  • Negotiations with established partners in advanced carbon materials and renewable energies.
  • Compliance with OTC Markets requirements through financial restructuring.
Negative
  • None.

WHEATON, IL / ACCESSWIRE / March 8, 2021 / Firma Holdings Corp. (OTC PINK:FRMA) is pleased to announce a corporate update addressing status of Financials and the formation of two new subsidiaries.

The company has been working diligently with existing FRMA Legal and Accounting professionals, updating the financials, restructuring debt and adhering to the new OTC Markets requirements. The Company has created two new branches of business enterprise with each of the branches having their own unique technology for a sustainable future. They include Firma Advanced Carbon Materials, Inc. and Firma Renewables Corp. Each branch is already in negotiations with well-established partners in their respective field of sustainable energies.

Management has designed a new logo and has setup a new website which is currently set to launch on March 9, 2021.

ABOUT FIRMA ADVANCED CARBON MATERIALS, INC.

Advanced Carbon Materials have excellent thermal stability and mechanical property such as tensile strength more than ordinary materials. Graphene, carbon fibers, carbon foams structural graphite, and nanotubes are majorly used in advanced carbon materials as engineering materials for infrastructure projects. Metallurgical coal, also known as met coal, coking coal, or steelmaking coal, is a vital ingredient for making steel, iron alloy, carbon and other metals used in everything from buildings, tools, trains, planes, and automobiles, to cookwares, cutlery, surgical tools and implants. Firma is focused on partnering with an well-established company currently working on several projects, each working toward the goal of creating a sustainable future.

ABOUT FIRMA RENEWABLES CORP.

Renewable resources include biomass energy (such as ethanol), hydropower, geothermal power, wind energy, and solar energy. Firma renewables is focused on partnering with a minority-owned solar panel manufacturer, as well as several of the largest national developers of utility-scale projects.

FRMA's Plan of Operations.

FRMA is an emerging growth company under the JOBS Act of 2012 and, as a diversified holding company, will focus on emerging and middle market international investment opportunities through its subsidiaries. FRMA and its subsidiaries are in the process of acquiring interests, joint ventures, and licensing agreements along with diligently researching creating a Special Purpose Acquisition Company in the Renewable Energy space including advanced carbon materials.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Please read the full disclaimer at www.firmaholdingscorp.com.

Contact: info@firmaholdingscorp.com

SOURCE: Firma Holdings Corp.



View source version on accesswire.com:
https://www.accesswire.com/633957/Firma-Holdings-Announces-Corporate-Update

FAQ

What are the new subsidiaries formed by Firma Holdings Corp. (FRMA)?

Firma Holdings Corp. has formed two new subsidiaries: Firma Advanced Carbon Materials, Inc. and Firma Renewables Corp.

What is the focus of Firma Advanced Carbon Materials, Inc.?

Firma Advanced Carbon Materials, Inc. focuses on developing sustainable materials utilizing advanced carbon technologies.

What updates did Firma Holdings Corp. provide regarding its financials?

The company is updating its financials, restructuring its debt, and adhering to OTC Markets requirements.

When will the new website for Firma Holdings Corp. be launched?

The new website for Firma Holdings Corp. is set to launch on March 9, 2021.

What is the strategic plan for Firma Holdings Corp. regarding renewable energy?

Firma Holdings Corp. is exploring acquisitions and joint ventures in renewable energy through its new subsidiaries.

FIRMA HOLDINGS CORP

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