QUEZON CITY, PHILIPPINES / ACCESSWIRE / December 14, 2021 / CGS International, Inc. (OTC PINK: CGSI) (the “Company” or “CGSI”), a publicly traded, high-growth, full-reporting company focused on the development and sale of organic plant enhancers, announced today that its wholly owned subsidiary, World Agri Minerals Inc. has entered into an agreement with Clarose Multipurpose Cooperative (“CMPC”), a 625-member agricultural production cooperative based in the Philippines. Under the terms of the agreement, CGSI will provide its GENESIS 89 â¢ organic crop enhancer, technical support, and agricultural use demonstrations and tutorials to CMPC and its members, while CMPC will provide certain economic benefits to its members for using the GENESIS 89 product.
The agreement has an initial term of one year, can be extended by mutual agreement, and provides for an exclusive agreement between the company and CMPC under which CMPC will purchase our flagship plant booster GENESIS 89 for all of its agricultural production cooperative members. Genesis 89 is expected to increase crop yield, result in shorter harvest times, reduce the use of other fertilizers and pesticides, and increase the germination rate of seeds and saplings.
âWe assume that the CMPC members will use over 18,000 liters of the GENESIS 89 protocol per growing season on the approximately 1,200 hectares of arable land that the CMPC members are working on. At US $ 30.00 per liter, we are excited about the potential of this transaction and not just the expected revenue for the company, but most importantly the positive impact on the environment and the crops, âsaid Ramon Mabanta, CEO of the company.
âThis is a real milestone for us as the first sales contract. We hope this will lead to a domino effect of advocacy for other cooperatives and increased awareness of our flagship products, âconcluded Mabanta.
CGS International, Inc. manufactures, markets, and distributes, through and through its wholly-owned subsidiary, World Agri Minerals Inc., a premium proprietary commercial agricultural product known worldwide as GENESIS 89 â¢. After years of research and development, GENESIS 89 â¢ has been formulated to contain over 80 different trace elements and contains a unique proprietary blend of these organic trace elements. World Agri Minerals’ GENESIS 89 â¢ product line features the highest concentration of seawater-derived minerals available in the commercial and even retail markets. The proprietary extraction of these minerals gives the product GENESIS 89 â¢ a unique blend of organic trace elements and has the highest concentration of minerals obtained from seawater on the market. All World Agri Mineral products are made from organic phytonutrients that are changing the way the agricultural industry grows and fertilizes products. Our GENESIS 89 â¢ Premium Organic Growth Supplement can be used as a soil conditioner and / or a foliar spray. We confidently push forward as the leading marine-based mineral herbal food in the market.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS:
This press release contains “forward-looking” statements. All forward-looking statements are subject to uncertainties and changes in circumstances. Forward-looking statements are not guarantees of future results or performance and involve risks, assumptions and uncertainties that could cause actual events or results to differ materially from the events or results described or expected in the forward-looking statements. Factors that could materially affect such forward-looking statements include certain economic, business, and regulatory risks and factors that are discussed in the company’s periodic reports with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release and the company assumes no obligation to update forward-looking statements to reflect future events or circumstances. Readers should not place undue reliance on these forward-looking statements.
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SOURCE: CGS International Inc.
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