Sense Natural Products, Inc. Received Unanimous Approval to Establish Bond Resolution
16 May 2017 - 11:02PM
InvestorsHub NewsWire
Sense Natural Products, Inc., a wholly owned
subsidiary of Sense Technologies, Inc. (OTC:SNSGF),
is now prepared to expand operations in Scribner, Nebraska with up
to $17,000,000 in bond revenues.
GRAND ISLAND, NE - (Uptick Newswire -
May 16, 2017) – Sense Technologies, Inc. (OTC
Pink:SNSGF) - Sense Natural Products, Inc., which operates a
unique all-natural soybean crush mill in Scribner, Nebraska has
completed the final step to obtain industrial revenue bonds to be
issued by the City of Scribner located in Dodge County Nebraska.
Sense Natural Products received strong endorsements from several
local community leaders that arrived to show support for expanding
the facility.
The
City of Scribner then went on to vote unanimously in favor of and
signed the bond resolution. Sense Natural Products now expects to
close on their acquisition of the adjacent facility known as 120
Railroad St within a month. The remaining funds will be used for
plant expansion, ongoing research and development, and for
production enhancements. Plant renovations, upgrades and expansion
are already underway, and the plant is producing what many consider
to be the highest grade of all-natural soybean meal in the market
today.
xMeal is still undergoing real world trials and
empirical studies, but so far, it has achieved significant results
for it’s growers. Both poultry and swine growers have reduced the
need for anti-biotics, reduced death loss, improved feed efficiency
and improved average daily gain. xMeal has provided higher energy
content per delivered pound, and is delivering a concentrated
product that has around half of the moisture content (waste) of
similar products. These ongoing trials have demonstrated
significant health benefits, which have resulted in increased
profitability for the growers that use xMeal.
Sense Natural Products also produces a premium
soybean oil. This is a proprietary process that creates a 99.5%
pure unrefined raw degummed soybean oil. Because the oil is never
refined, the health properties that remain in the oil have shown
significant benefits, including reduced death loss and greater feed
conversion, all the while saving the grower delivery costs and
reducing waste. The caloric density associated with its purity
meets or exceeds that of refined oils, while containing many more
heat-sensitive nutrients than can be found in refined
oils.
With
these developments in Sense Natural Products, Inc., management now
anticipates a projected increase in the gross revenue of SNSGF by
over twenty million dollars per year in the first year. This
fast-growing company is poised to lead the way to high-protein,
high-energy, ultra-high-nutrition soybean meal for both animal and
human nutrition while helping reduce…or even eliminate…the need for
anti-biotics in animal feed.
Swine and Poultry growers
interested in performing trials of xMeal or xOil
should contact the plant at 402:664-2400.
About Sense Technologies,
Inc.
SNSGF is a fully-reporting
entity.
Sense Technologies,
Inc. http://SenseTech.com develops
and markets backing awareness products for safety and acquired the
assets and intellectual property of Scribner Natural Products in
September of 2016. The facility reopened and commenced
operation as Sense Natural Products, Inc. in September of 2016 and
more information can be found at: www.SenseNaturalProducts.com
About Sense Natural
Products
Sense Natural Products is an industrial food and
feed products company in Scribner Nebraska, where it operates a
proprietary all natural extruded and expeller pressed soybean
crushing mill. Learn more about the history of Scribner Natural
Products and the current management team of Richard Bell and David
Dennis from an interview with Michael Yorba segment 1
here: https://www.youtube.com/watch?v=u3d6GH7RIAU and, segment
2 here: https://www.youtube.com/watch?v=UgRE_ykvGo4
See the Public Wire report
here: https://www.youtube.com/watch?v=SIN34iBG8Vg
“We are on a fast track because it is in
our shareholders’ interest to commence the profit potential just as
soon as we can” said Bruce Schreiner, Sense Technologies, Inc.’s
President.
http://finance.yahoo.com/news/sense-technologies-inc-provides-further-130100187.html
Forward
Looking-Statement
This press release consists of forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Those statements include statements regarding
the intent, belief or current expectations of the Company and its
management. In particular, there is no assurance that the parties
will reach a definitive agreement for the proposed transaction or
that the transaction will be completed. Additionally, no assurance
can be provided that the terms of any transaction will be similar
to those contemplated by the Letter of Intent. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve a number of
risks and uncertainties, and actual results could differ materially
from those indicated by such forward looking statements. The
Company assumes no obligation to update the information contained
in this press release, whether as a result of new information,
future events, or otherwise.
Contact Sense Technologies,
Inc.
Website: http://www.sensetech.com/
Email: info@sensetech.com
Source: Uptick Newswire
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