PARK CITY, UT / ACCESSWIRE / January 31, 2022 / Phoenix Rising Companies (OTCQB:PRCX)
Pursuant to a recent promise to keep shareholders informed of progress the company is furnishing this announcement.
The focus of Phoenix Rising Companies at this time is to expand US and other Western operations within the scope of sustainable energy, reduced CO2 emissions, cleaner industrial processes, biotech, and medical products.
All preparations presently in progress fit within these groupings.
The company reports progress towards establishing its recently announced plans to form a US R&D division. DS Chang, CEO recently stated: "Negotiations to acquire specific, exclusive, limited rights to 2 technologies is in the final phase. We hope to announce more details and identify more in February of 2022." He also noted that there are 2 additional technologies being negotiated for that may follow this first expected acquisition.
The negotiations are with a small private firm in California. The technologies cannot be identified at this moment, but initial information suggests they are each groundbreaking in their fields and could produce results such as have been heretofore unknown in their respective disciplines.
Additional testing and research are required in each case.
If successful as hoped, the potential economic value to the company and shareholders is remarkable.
Additional information will be announced as it becomes available.
For information on Phoenix Rising Companies visit
Contact: ir@phoenix-cos.com
CAUTIONARY STATEMENT
This press release contains forward-looking statements. Known and unknown risks may cause actual future results to vary widely. The statements are based upon Management's and Advisor's current expectations, estimates and projections; are not guarantees of future performance and are subject to certain risks and uncertainties and other factors, some of which are beyond Management's control and are difficult to predict. A reader of this press release should not place undue reliance on forward-looking statements. Investors should understand investing in shares of RSSV involves a high degree of risk and should seek competent investment advice prior to purchasing shares.
SOURCE: Phoenix Rising Companies
View source version on accesswire.com:
PARK CITY, UT / ACCESSWIRE / January 31, 2022 / Phoenix Rising Companies (OTCQB:PRCX)
德克萨斯州帕克城/ACCESSWIRE/2022年1月31日/凤凰新兴公司(OTCQB：PRCX)
Pursuant to a recent promise to keep shareholders informed of progress the company is furnishing this announcement.
为了履行最近向股东通报进展情况的承诺，公司宣布了这一消息。
The focus of Phoenix Rising Companies at this time is to expand US and other Western operations within the scope of sustainable energy, reduced CO2 emissions, cleaner industrial processes, biotech, and medical products.
凤凰新兴公司目前的重点是在可持续能源、减少二氧化碳排放、更清洁的工业流程、生物技术和医疗产品的范围内扩大美国和其他西方业务。
All preparations presently in progress fit within these groupings.
The company reports progress towards establishing its recently announced plans to form a US R&D division. DS Chang, CEO recently stated: "Negotiations to acquire specific, exclusive, limited rights to 2 technologies is in the final phase. We hope to announce more details and identify more in February of 2022." He also noted that there are 2 additional technologies being negotiated for that may follow this first expected acquisition.
该公司报告称，在建立其最近宣布的组建美国研发部门的计划方面取得了进展。首席执行官DS Chang最近表示：“获得2项技术的具体、独家、有限权利的谈判已进入最后阶段。我们希望在2022年2月宣布更多细节，并确定更多细节。”他还指出，在第一次预期收购之后，可能还会就另外两项技术进行谈判。
The negotiations are with a small private firm in California. The technologies cannot be identified at this moment, but initial information suggests they are each groundbreaking in their fields and could produce results such as have been heretofore unknown in their respective disciplines.
谈判是与加利福尼亚州的一家小型私人公司进行的。这些技术目前还不能确定，但初步信息表明，它们在各自的领域都是开创性的，可能会产生迄今为止在各自学科中未知的结果。
Additional testing and research are required in each case.
If successful as hoped, the potential economic value to the company and shareholders is remarkable.
如果像希望的那样成功，对公司和股东的潜在经济价值是显著的。
Additional information will be announced as it becomes available.
For information on Phoenix Rising Companies visit
Contact: ir@phoenix-cos.com
This press release contains forward-looking statements. Known and unknown risks may cause actual future results to vary widely. The statements are based upon Management's and Advisor's current expectations, estimates and projections; are not guarantees of future performance and are subject to certain risks and uncertainties and other factors, some of which are beyond Management's control and are difficult to predict. A reader of this press release should not place undue reliance on forward-looking statements. Investors should understand investing in shares of RSSV involves a high degree of risk and should seek competent investment advice prior to purchasing shares.
本新闻稿包含前瞻性陈述。已知和未知的风险可能会导致未来的实际结果大相径庭。这些陈述是基于管理层和顾问公司目前的预期、估计和预测；不是对未来业绩的保证，会受到某些风险、不确定因素和其他因素的影响，其中一些因素是管理层无法控制的，很难预测。本新闻稿的读者不应过分依赖前瞻性陈述。投资者应该明白投资RSSV的股票涉及高度风险，在购买股票之前应该寻求称职的投资建议。
SOURCE: Phoenix Rising Companies
View source version on accesswire.com:
