Delaware
PROTEXT MOBILITY, INC. (TXTM) AND RSAMMDA LLC (DELAWARE) PROVIDES SHAREHOLDER UPDATE
Firms Pronounces Important Preliminary Order for two.33 Million Kilos of Genus Hashish Sativa
Wilmington, Delaware, Nov. 01, 2022 (GLOBE NEWSWIRE) — Protext Mobility, Inc (OTC PINK: TXTM) and RSAMMDA LLC (Delaware) (“RSAMMDA.LLC”) are happy to supply the next shareholder replace and announce an preliminary order for two.33 million kilos of Genus Hashish Sativa beneath a provide settlement.
Dr. Ahmed Jamaloodeen (Dr.J), Protext Chairman commented, “It is a terrific milestone and demonstrates years of arduous work and relentless pursuit of teaching the lots and authorities collaboration. The preliminary order requires the supply of two.33 million kilos of hashish, arguably the biggest single hashish flower and biomass order in historical past to this point publish legalization. The precise pressure we’re rising for this order is Charlottes Angel for top share CBD flower and biomass. Every little thing we do is beneath South Africa federally issued permits, and license to import, export, develop hemp and hashish from seed to sale, R & D, in addition to develop and distribute our personal model of completed merchandise.
“Our proprietary, branded CBD product line and on-line market is anticipated to launch shortly. Resulting from our early pioneering of hemp and hashish as a large group uplift alternative in South Africa, we had been accepted as the primary authorities sponsored pilot venture that will allow proof of idea to different farms as a blueprint of this enterprise mannequin. This early blueprint is now a confirmed enterprise mannequin for South African farmers, and we at the moment are on the forefront of SA changing into a acknowledged world chief in hemp and hashish manufacturing. To additional these efforts, final week I attended the AFASA AGM convention and gave a presentation to 1000’s of farmers who at the moment are a part of the Hashish Commodity Cluster Formation, which I’ve been appointed as Nationwide Hashish Commodity Chairman – The primary in historical past.” (hyperlink to Dr.J Hashish Expo 2022 presentation discussing SA group uplift and hashish: youtube.com/DR.J)
Dylon Du Plooy, Protext CEO, commented, “The hemp renaissance is nicely underway, with renewed curiosity from world industrial corporations to search out cheaper and greener assets that can be utilized to provide 1000’s of finish product. America is many years behind the sustainable supplies revolution. That represents an enormous alternative for us to unlock the potential of commercial hemp on the earth’s strongest financial system, with the bottom value product out there globally. For South Africa, the chance is to take a world function in what we imagine is the start of an industrial hemp renaissance. We can’t solely produce product on the lowest value foundation on a world foundation, however we are able to monetize the farm with 3 annual grows, making our hemp, biomass, and hashish a lot wanted from prospects around the globe. In reality, this substantial off take settlement for an preliminary 2.3 million kilos is being delivered to a US buyer. Why? Not just for the standard of the product, however our value foundation is so aggressive we are able to ship product that features freight delivery value to US prospects, that’s decrease than they’ll get anyplace in North America.” #TXTMTribe #TXTMTribeRaok #TXTMRaok.
Dr. J continued, “As we have now beforehand mentioned, we imagine there’s important worth within the human capital derived from our information, Authorities and different relationships, compliance, assets, services, biomass, and infrastructure that’s invaluable. The Permits we’re in possession of permit for Genus Hashish Sativa import, export, develop & cultivation, analysis, testing, and finish product growth for world distribution, all of that are anticipated to be utilized by Protext with the tip objective to commercialize the stay plant extraction know-how and convey superior finish merchandise to the worldwide market. Having know-how that’s been examined and confirmed to elevated bioavailability by 10-15x is important and places us miles forward of all rivals. Extra testing is anticipated to be carried out with hashish being grown on the farm proper now. The testing will concentrate on maximizing yield in addition to testing varied strains of Genus Hashish Sativa. We will even start conducting the R&D utilizing the New Age Extraction Know-how for different Indigenous Plant Flora with medicinal properties together with Psilocybin. We imagine that the importance of the implications our stay plant Extraction Know-how can have on not solely our yield, but additionally on a complete trade with its 10-15X Bioavailability has been over appeared because of the complexity of the science. In layman’s phrases we stand to provide Pure Plant Primarily based Drugs with 10-15 instances extra bioavailability than present merchandise in the marketplace, at a fraction of the price.
“As we beforehand mentioned, however price repeating, we entered into this transaction with Protext as we imagine there to be quite a few synergies by permitting entry to sure belongings of our established enterprise’ with Protext in addition to commercialize the Protext proprietary stay plant extraction know-how and processes into our current Genus Hashish Sativa infrastructure. Previous to the merger, Protext had collaborated with RSAMMD whereby the businesses utilized Protext’s proprietary stay plant extraction know-how together with Kettle extraction gear to conduct a collection of stay hashish extraction testing at New Fortress Farm beneath permits for Genus Hashish Sativa, with the objective to provide an emulsion wealthy with cannabinoid however with little to no conversion of THC-A to psychoactive THC. We undertook a collection of exams to show out that the Kettle system and extraction applied sciences did what they had been presupposed to do. As a part of our earlier investigations, varied exams had been accomplished utilizing stay hashish flower and leaf, rendered into liquid emulsions provided by the farm in New Fortress. Before now, it was hypothecated that processing stay Genus Hashish Sativa beneath decrease temperatures would yield a wealthy nano-emulsion of phytocannabinoids whereas retaining the non-psychoactive precursor acid kind (THC-A). Our investigations have conclusively demonstrated that full-spectrum cannabinoids could be extracted utilizing the proprietary Kettle system, with minimal metabolic conversion, paving the way in which for development of medical analysis utilizing non-psychoactive hashish. What has additionally intrigued us are the findings from prior analysis and medical trials which have proven that the Kettle system, when utilized to different medicinal vegetation, can create an extract that’s considerably extra bioavailable (10-15x) than a typical extract. Which means our hashish extract ought to be stronger whereas offering a dose that would doubtlessly last as long as 24 hours within the bloodstream, which is in-line with prior medical outcomes utilizing different medicinal vegetation. Medically, this opens the door to a line of pure prescription drugs derived from hashish however at a fraction of the value and with doubtlessly superior outcomes. From a enterprise perspective, a rise of bioavailability in that magnitude generally is a sport changer for cultivators because it primarily may enhance the online yield by an element of 10-15x per plant, per acre, per farm. This preliminary order is just the start and management is worked up for what’s to come back. We are going to lead the change we wish to see in our world” concluded Dr.J.
CONTACT INFORMATION
For additional data, or inquiries regarding partnerships in SA, JV alternatives and/or off-take/provide agreements please be at liberty to contact us
Dylon Du Plooy at: dylon@rsammd.co.za
Dr.J at: exportintl@aol.com
Observe us at:
https://twitter.com/RSAMMD
https://twitter.com/ProtextP
About Protext (OTC PINK: TXTM)
Via its prior acquisitions, Protext has engaged within the analysis, testing and growth of extremely bioavailable botanical merchandise all-natural components formulated for nutraceutical and pharmaceutical purposes by way of using proprietary stay plant extraction know-how.
Web site: www.protxtm.com
About RSAMMDA.LLC:
RSAMMDA.LLC. is a completely owned subsidiary of TXTM targeted on acquisitions with two principals, Mr. Dylon Du Plooy and Dr. Ahmed Jamaloodeen (“Dr. J”). Mr. Du Plooy is a South African pioneer within the analysis, cultivation, manufacturing and distribution of medical hashish and cannabinoids.
Dr. J operates the 5000 Hectare New Fortress Farm in addition to federally issued hemp permits issued by the Authorities of South Africa. Collectively, we accomplice with main hospitals and universities globally to advance the medical advantages and purposes of cannabinoids.
RSAMMDA.LLC founders are a bunch of medical medical doctors and pharmacists, and hashish activists who’ve been on the forefront of medical hashish laws and South African hashish legalization, which happened in September 2018. We’re dedicated to the development of know-how and scientific analysis that results in an improved high quality of life for sufferers around the globe.
Web site: www.rsammda.com
Secure Harbor Assertion
This launch comprises forward-looking statements which are primarily based upon present expectations or beliefs, in addition to a lot of assumptions about future occasions. Though we imagine that the expectations mirrored within the forward-looking statements and the assumptions upon which they’re primarily based are cheap, we may give no assurance or assure that such expectations and assumptions will show to have been right. Ahead- wanting statements are typically identifiable by means of phrases like “could,” “will,” “ought to,” “may,” “anticipate,” “anticipate,” “estimate,” “imagine,” “intend,” or “venture” or the unfavorable of those phrases or different variations on these phrases or comparable terminology. The reader is cautioned to not put undue reliance on these forward- wanting statements, as these statements are topic to quite a few components and uncertainties, together with however not restricted to: hostile financial situations, competitors, hostile federal, state and native authorities regulation, worldwide governmental regulation, insufficient capital, lack of ability to hold out analysis, growth and commercialization plans, loss or retirement of key executives and different particular dangers. To the extent that statements on this press launch usually are not strictly historic, together with statements as to income projections, enterprise technique, outlook, targets, future milestones, plans, intentions, targets, future monetary situations, occasions conditioned on stockholder or different approval, or in any other case as to future occasions, such statements are forward-looking, and are made pursuant to the protected harbor provisions of the Personal Securities Litigation Reform Act of 1995. The forward-looking statements contained on this launch are topic to sure dangers and uncertainties that would trigger precise outcomes to vary materially from the statements made. The corporate disclaims any obligation to replace data contained in any forward-looking assertion. This press launch shall not be deemed a normal solicitation.
