$IDVV Plans OGGL Production Facility in Mexico
Post# of 103024
[ACCESSWIRE]
ACCESSWIRE•January 16, 2019
TEMECULA, CA / ACCESSWIRE / January 16, 2019 / International Endeavors Corporation (OTC PINK: IDVV) today announced plans to build a production facility to manufacture the Off Grid Grow Laboratory (OGGL) in Mexico. Recent legalization efforts of marijuana in Mexico gives International Endeavors Corporation the opportunity to expand its global presence.
According to Marketing Director, Barry Smith, "We see the Mexico market as having enormous potential. The laws are beginning to improve in Mexico now, especially for medical marijuana. We noticed an increased demand for OGGLs in Mexico, and that encouraged International Endeavors Corporation to rapidly advance its plans for a production facility in the Baja region of Mecico. We are evaluating sites in the Baja region that can accommodate the manufacturing of up to 50 OGGLs per month."
The advantages include economies of scale that come from building multiple OGGLs in an assembly-line process and lower transportation and labor costs when compared to manufacturing and shipping the OGGLs from California.
Smith further stated, "Baja Mexico makes an excellent location for a production facility to manufacture the OGGLs. Because of its climate and number of clear sunny days there is a lot of demand for off grid products featuring Solar. We are excited about the potential there."
About the OGGL: The OGGL is the first purpose-built, self-contained, off-grid growing laboratory. Built in a low-cost shipping container, the OGGL has integrated solar modules and lithium-phosphate batteries coupled with a generator backup to supply uninterrupted power to the grow room. The OGGL is configurable for the three stages of the growing process, which are: vegetative, flowering, and cloning.
OGGL Unit
https://youtu.be/WRvXqpbA634
About International Endeavors Corporation (OTC stock symbol: IDVV)
International Endeavors Corporation focuses on building intellectual property and making equipment sales in the medical marijuana and legal cannabis industry through the creation of off-grid grow labs, biomedical devices, clean-energy solutions, and patented devices. The company is also engaged in locating and acquiring established companies, brands, and technologies. The company's real estate portfolio includes commercial property, agricultural land, and buildings.
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. International Endeavors Corporation (IDVV) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Nate Engel, CEO
Phone: 1-951-296-1024
Email: nate@internationalendeavorscorp.com
SOURCE: International Endeavors Corporation
https://finance.yahoo.com/news/idvv-plans-ogg...00600.html