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International Consolidated Companies Inc. reports corporate developments tied to its OTC Pink issuer status, acquisition-oriented strategy and focus on businesses with energy-efficient carbon reduction technologies. Recent updates center on AgTech Carbon, a wholly owned subsidiary that develops patented biochar solutions using a vacuum kiln pyrolysis process for sustainable agriculture.
Recurring INCC news also includes subsidiary partnerships for organic soil mixes and amendments, product certifications for agricultural inputs, completed acquisitions, distribution agreements, authorized-share changes and shareholder updates. Earlier company announcements referenced Blue Plant Farms, HyOx Superwater distribution rights and SoundTech AI's Holographic SoundField audio technology as part of INCC's acquisition and subsidiary activity.
International Consolidated Companies (OTC:INCC) announced a strategic shift focusing on investing in and acquiring companies specializing in carbon reduction technologies. The company aims to leverage its expertise in financial structuring and capital markets access to drive sustainable innovation.
Through its subsidiary AgTech Carbon, INCC develops patented biochar solutions using vacuum kiln pyrolysis, improving soil quality and reducing methane emissions. The company recently formed a strategic partnership with Marcum's Nursery to develop advanced organic soil mixes, combining Marcum's composting expertise with AgTech's biochar technology.
International Consolidated Companies (INCC) has announced that its subsidiary AgTech Carbon is partnering with Marcum's Nursery to develop organic soil mixes and amendments. The strategic collaboration aims to leverage Marcum's 50-year expertise in horticulture and their state-of-the-art soil mixing operation.
Marcum's Nursery, established in 1975, expanded into compost production in 2011 and has developed proprietary soil blends for their growing facilities and customers. The partnership is expected to accelerate AgTech Carbon's product development, enhance quality assurance, and scale distribution in response to growing demand for organic and sustainable growing mediums.
The collaboration aligns with AgTech Carbon's mission to provide organic, regenerative solutions while addressing environmental challenges such as carbon waste and toxic algae blooms. The company's patented technology creates barriers to entry for competitors while promising swift financial returns.
International Consolidated Companies (OTCPink:INCC) has successfully acquired SoundTech AI, Inc. for $150 million in preferred stock effective July 22, 2021. This strategic move aims to enhance INCC's position in the audio technology market with SoundTech AI's proprietary Holographic SoundField (HSF™) technology, designed to deliver immersive audio experiences across multiple platforms. Key executives from SoundTech AI, including CEO Eric Koenig, will join INCC's board, signaling a commitment to capitalize on advanced audio innovations.
International Consolidated Companies (OTCPink: INCC) has signed a definitive agreement on July 15, 2021, to acquire SoundTech AI, Inc. for $150 million in preferred X stock. This acquisition aims to enhance INCC's portfolio with SoundTech AI's innovative Holographic Sound Field technology, promising a revolutionary audio experience through proprietary software, applicable across various devices. The technology is designed to transform audio delivery, making it accessible without additional hardware. The acquisition is expected to close by July 30, 2021, expanding INCC's capabilities in the enhanced audio market.
International Consolidated Companies (OTC:INCC) has secured an Exclusive Distribution Agreement with HyOx Superwater, Inc. through its subsidiary Blue Plant Farms. This agreement provides Blue Plant Farms with exclusive rights to market and sell HyOx Superwater in the Cannabis, Kava, and Kratom agricultural markets. HyOx's proprietary CZF Technology enables the production of hyper-oxygenated water, leading to improved plant growth with a 95% seed germination rate and larger root systems, thus promising enhanced agricultural yields.
INCC (OTC PINK: INCC) recently provided a shareholder update detailing significant developments from April 2021. The company became compliant with OTC markets, returned 394 million shares to treasury, and reduced its authorized shares from 8.9 billion to 7 billion. A major acquisition of Blue Plant Farms, LLC was executed, focusing on CBD hemp oil products with innovative formulations. The acquisition includes a $5 million deal for Preferred Z shares, capped at 7 billion shares outstanding. INCC aims to implement a national go-to-market strategy targeting 5,000 convenience stores within 24 months.