SAN DIEGO, Nov. 16 US Farms, Inc., (Pink Sheets: USFM) a diversified supplier of Farming, Nursery and Wellness products is pleased to announce it has completed the construction of its new 3000 square foot packing and shipping greenhouse facility located on the company's 15-acre Nursery facility in Fallbrook, Ca.
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The new shipping and packing center was built and constructed specifically to correlate to US Farms, Inc. niche Nursery Jade wholesale and retail plant business.
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Yan Skwara, CEO of US Farms, Inc. stated, "We are excited to announce that our current timeline and business focus with our niche Nursery Jade plant growing business is moving rapidly and as planned. At the moment we have over 80,000 units of Jade in both 4" and 6" ready for sale, for the upcoming Jade plant season in early 2010. Assuming we hit our growth targets in the upcoming first quarter, we plan on growing and potting up to an additional 300,000 units by the end of the first quarter as Jade plants turn approximately four times per year, which in turn will give us the ability to sell in the range of 1.2 to 1.4 million Jade units in 2010. Completing the build out and construction of the shipping and packing center now allows us to take our margins from the 30 percent level per unit to well over 150 percent per unit by simply being able to box and wrap our Jade plants. This lets us attract a new breed of larger customers. Our sales focus and growth with Jade plants will continue to serve both wholesalers and retailers."
About US Farms, Inc.
US Farms is a diversified supplier of Farming, Nursery and Wellness products. The company grows, markets and sells ornamental plants and Aloe Vera based consumer products including Aloe365(TM) Juice and Aloe365(TM) Gel.
For additional US Farms, Inc. product information, contact US Farms, Inc. Customer Service Department at 1-877-90-FARMS or visit www.usfarmsinc.com
This press release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."
Such statements are based on expectations, estimates and projections at the time the statements are made and involve a number of risks and uncertainties, including, but not limited to, our ability to market and sell Aloe Vera juices and gel online or through distributors and or retailers in the United States; acceptance by the market of online Aloe Vera products; continued popularity in the wellness marketplace; the continued production of Aloe Vera juice and gel; ability to raise additional capital; the impact of competitive products; product demand; existing company debt; fluctuations in operating results and other risks detailed from time to time in US Farms, Inc.'s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. US Farms undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
US Farms, Inc. Customer Service: 1- (877) 90-FARMS or 877-903-2767 Corporate Office 760-723-8277 Fax: 619-221-0374 [email protected] www.usfarmsinc.com www.aloe365.com
SOURCE US Farms, Inc.
