Megola Signs Remediation Deal with Stat Sanitizing
- Megola's partnership with Stat Sanitizing is a game-changer for odor remediation, offering powerful solutions.
- The agreement includes a minimum purchase commitment of $500,000 USD in the first year and $1,000,000 in the second year.
- None.
USA master distribution for leader in odor remediation services
BONITA SPRINGS, FL / ACCESSWIRE / August 28, 2023 / (OTC PINK:MGON) Megola, Inc. ("MGON", "Company") a Consortium Group of technologies dedicated to improving human health, safety, and hygiene around the globe has signed a master distribution agreement for the USA odor remediation market with New York based Stat Sanitizing, LLC.
"We are pleased to announce the execution of this agreement which marks the launch of our incredibly powerful odor control spray with an ideal partner," said Megola CEO Robert Gardiner.
Stat Sanitizing is a provider of services to eradicate germs, eliminate odors and contaminants from homes, businesses, recreational facilities and other places where people live, work and play. What makes them unique is the mission to provide services that work better than all other alternatives and with the least impact on the environment - your environment. For more information visit www.statsanitizing.com.
We are excited to partner with Megola to bring their powerful odor control formulation to the US market. This product is a game-changer for odor remediation, and we are confident that it will be a valuable addition to our offerings. We are committed to providing the best possible solutions for odor problems, and this partnership is a step in the right direction," said Stat Sanitizing President Paul Wimbert.
Key terms:
- USA exclusive for professional odor remediation, mold remediation, disinfection, and general clean-up services.
$500,000 USD minimum purchase commitment in the first year and$1,000,000 in the second year.- 2-Year Term with automatic renewals at the same or greater minimum volume commitment.
- Additional products will be added as relationship grows.
ABOUT MEGOLA
Megola Inc. is a Nevada Corporation with its corporate office in Bonita Springs, FL and traded under the symbol MGON on the OTC Market. Megola is a Consortium Group of technologies dedicated to improving human health, safety, and hygiene around the globe. Through numerous acquisitions and licenses, Megola has built an unmatched portfolio of innovative and industry challenging technologies in the diverse vertical markets of odor control, remediation, performance coatings, fire protection, sustainability, and human health. Megola controls every aspect of its supply chain, from manufacturing to distribution of its proprietary product lines, placing the company in the best position to successfully compete across target channels.
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Forward-Looking Statements
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursuant," "target," "continue," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding MGON's plans, objectives, future opportunities for MGON's services, future financial performance and operating results and any other statements regarding MGON's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond MGON's control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business, with key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents. Any forward-looking statement is made only as of the date of which such statement is made. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
SOURCE: Megola, Inc.
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