Green PolkaDot Box Completes Acquisition of Living Produce(R) Site
08 June 2015 - 10:26PM
Access Wire
MOUNT PLEASANT, UT / ACCESSWIRE / June 8, 2015 / Green
PolkaDot Box Incorporated (OTC: GPDB) announced today that
it completed acquisition of 40-acres in Sanpete County, Utah for
its first Living Produce(R) Growing Center. GPDB has trademarked
"Living Produce(R)" to coincide with the development of its new,
patent pending, vertical produce growing technology; including a
new patented organic fertilizer compound that increases nutrient
density. Living Produce(R) has the potential to produce
nutrient-dense yields in leafy green vegetables and herbs by as
much as 65 times those of some conventionally grown crops.
The 40-acres of farmland includes a high-volume well situated
near Interstate highway 89. GPDB has developed working drawings,
received a building permit and prepared the building site,
including anchor pins, to make ready for construction of Phase I
and II of its first Living Produce(R) Growing Center ("LPGC").
Phase I will be 9,450 square foot, 4-zone, climate-controlled
facility that will accommodate the propagation and growing of
eleven or more super varieties of organic and non-genetically
modified Living Produce(R), including various types of tomatoes,
cucumbers, squashes, peppers, lettuces, herbs, beans, peas and
strawberries. The facility can produce up to 75,000 vegetable
plants per month or 900,000 plants per year; the sales of which can
generate approximately $1.8 million in annual revenues, achieving
50% gross profit margin.
Upon receipt of $1.5 million in funding, Phase I will take
approximately 90-days to complete construction. Propagation will
commence immediately after, harvesting of some plant varieties
could occur 60 days after completion of construction as early as
November 2015.
Phase II of Living Produce, a 2-acre project
located adjacent to Phase I, It will cost approximately $5 million
to develop and have the capacity to produce and process over 6
million pounds of Living Produce(R) varieties, annually. Phase II
can grow enough produce to serve commercial customers and over
8,000 residential customers living in the western U.S. with weekly,
next day deliveries.
The video Next Online Giant explains the potential impact that
Living Produce(R) will have on the organic produce marketplace and
health-minded consumers.
What is "Living
Produce(R)?"
Superior Plant Nutrients: GPDB's proprietary
and patent-pending growing technology delivers the full spectrum of
nutrients required for healthy, sustainable plant growth. Consumers
are able to see and taste the difference and view the "specs" (the
vitamin/mineral contents of each plant and their respective
benefits in promoting a strong, healthy immune system.) GPDB will
be the first grower to sell its produce "by spec" (specification),
raising the bar for exceptional produce beyond the reach of its
competitors.
Living Plants: In most cases, the produce to be
offered by GPDB is alive, literally, when harvested and delivered
the next day to the commercial customer's place of business. These
plants can remain alive for 7-10 days before they begin to
deteriorate and lose peak phytonutrient value.
Year-Round Production: GPDB's Living Produce
will be grown in "closed" indoor, climate-controlled growing
centers, enabling year-round production of favorite varieties and
also rare species that are sometimes very hard to get.
Less Environmental Impact: Produce growth with
vertical technology requires less than 5% of the land mass normally
used for production with less than 95% of the water. But that's not
all. With some varieties the growing cycle is only 30-days, meaning
that GPDB can get up to 12 times the normal yield of traditionally
grown plants. GPDB plans on using low energy cost geothermal
heating and cooling systems to minimize environmental impact. Also,
because the plants are living when shipped, minimal packaging is
required.
Enhanced Food Safety: Because vertical growing
can take place in "closed system" greenhouse facilities, GPDB can
maintain a sterile growing and handling environment. Unlike with
organically grown crops in outdoor environments, we can eliminate
plant contamination from animal feces and urine, transfer of feces
from human picking and handling, airborne pathogens, and downwind
over spray of toxic chemicals, fertilizers and pesticides. Your
food supply of fresh harvested produce will be safer than any other
source of organic produce.
About Green PolkaDot Box (OTC Symbol: GPDB)
Green PolkaDot Box is America's premier online buying collective
for organic and non-GMO natural foods at wholesale pricing. The
Company leverages proprietary technology and products with its
dynamic, interactive website and customer relationship management
software to provide a unique shopping experience. The Company also
empowers other businesses and organizations to establish an online
Health Merchant store-a non-stocking distributorship-for their own
benefit. For more information on Green PolkaDot Box, please visit:
www.greenpolkadotbox.com.
Investors Relations Contact
Rod Smith
CEO/Green PolkaDot Box Incorporated
(801) 787-8835
rsmith@greenpolkadotbox.com
SOURCE: Green PolkaDot Box Incorporated
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