$AGGL $HTSC ICF Industries Inc. Acquires 1 Million
Post# of 13
https://www.newsfilecorp.com/release/99331
Rye Brook, New York--(Newsfile Corp. - October 12, 2021) - Here To Serve Holding Corp. (OTC Pink: HTSC) is pleased to announce its wholly owned subsidiary, ICF Industries Inc., has acquired 1 million common shares of Agtech Global International Inc. ("AgTech" (OTC Pink: AGGL) in exchange for consulting services. AgTech is currently working with FINRA to process a name change to Galexxy Holdings Inc.
In June 2021, Agtech entered the high-growth CBD consumer products market, by acquiring Galexxy Corporation as a 100% owned subsidiary. Through the Galexxy acquisition, AgTech has secured patent pending IP, a highly scalable business strategy and an expanding range of proprietary products coupled with a unique marketing plan. Galexxy's strategy is to be a disruptive, high profile, mass-marketer of high quality, lower priced CBD and wellness products, direct to a market of 210 million adult U.S. consumers. Its marketing plan incorporates a technology based Virtual Retail Marketing System (VRMS), which combines the physical attributes of a brick and mortar customer experience with the ease and convenience of online digital shopping. The initial Galexxy product range is comprised of 15 CBD products formulated for a variety of popular indications with planned expansion to 30 products in 2022. These products include proprietary formulations, novel delivery methods and distinctive packaging.
According to Cesar Herrera, President of ICF Industries Inc., "ICF Industries is well versed in the CBD market and technology space. What Galexxy Holdings Inc. is doing with blockchain and CBD reflects a disruptive technology with a very forward-thinking management. We stand behind them as a partner. We look at this as a value/growth vehicle that meets our undervalued asset criteria. Management fully values Galexxy Holdings at $0.40 per share."