One Step Vending Corp. (KOSK), Executes its Second Vertical Farm Order after Acquiring 51% of Light Leaf Farms, Corp., Further Increasing 2022’s Forecasted Revenue
Harrison, NY., March 23, 2022 (GLOBE NEWSWIRE) -- One Step Vending Corp. (OTC: KOSK) (“KOSK” or “the Company”), a company specializing in emerging industries acquisitions with an emphasis in marketing and distributing produce, as well as the self-serve vending market, executes its second vertical farm order after acquiring
After the Company’s first vertical farm order, a modular farm through its strategic partner E-Roots Manufacturing, Inc. with anticipated delivery within the month of April and a summer 2022 harvest, the Company executed a second vertical farm shortly after acquiring
The joint venture is agreed to have LLF operate the day-to-day operations on the jointly-purchased vertical farms while the Company markets and distributes the harvested produce. Both, LLF and the Company, will disburse revenues divided 50/50 from all built, purchased, and leased co-owned vertical farms.
The Company’s second farm, a warehouse farm and first joint farm with LLF, is estimated to be operational by July 2022 with its first harvest expected early fall 2022. With almost twice as many towers as a module farm, a warehouse farm is projected to yield approximately
The Company looks forward to sharing updates as they progress.
About Light Leaf Farms, Corp.
Light Leaf Farms, Corp. is the beginning of a family farm focused on offering fresh produce to the community. Founded by the second generation of poultry farmers supplying Fieldale Farms.
About One Step Vending, Corporation (KOSK)
One Step Vending, Corp. is a holding company focused on the acquisition of market-changing and disruptive business models with an emphasis in the marketing and distributing produce as well as in the self-serve vending market. Currently One Step Vending, Corp. owns
For more information visit: http://www.onestepvending.com
SAFE HARBOR ACT: Forward-looking statements are included within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company’s expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations or listing on an exchange — including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will” and other similar expressions — are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond the Company’s control and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. No information in this press release should be construed in any manner whatsoever as an indication of the future performance of the Company’s revenues, financial condition or stock price.
Company Contact:
Ronald Minsky, President
600 Mamaronek Ave,
Harrison, NY 10528
info@onestepvending.com
212.381.8029 Office