Balance Labs Incorporates Subsidiary Balance AgroTech Co.
March 03 2016 - 9:47AM
Marketwired
Balance Labs Incorporates Subsidiary Balance AgroTech Co.
Balance AgroTech Intends to License or Acquire Developed and
Proven Agricultural Technology Products and Solutions
MIAMI BEACH, FL-(Marketwired - Mar 3, 2016) - Balance Labs, Inc.
(OTCBB: BLNC), a provider of business development, consulting
services as well as an incubator and accelerator to start ups and
development stage companies, is pleased to announce the formation
of a wholly owned subsidiary, Balance AgroTech Co.
Balance AgroTech intends to license and/or acquire agricultural
technologies that are developed and proven and need some help
entering their respective marketplaces. Balance Labs' associates
and relationships throughout the growing, manufacturing and
distribution process with substantial links throughout the food
chain can be very helpful to small research and development focused
agricultural technology companies. Balance AgroTech should be able
to aggregate the various technologies it intends to acquire and or
license and offer the technology to future clients.
The agricultural businesses of today, as well as those of the
future, must cope with the feeding of 9.6 billion people that are
currently estimated to call earth home in 2050. In order for that
to occur food production must increase by 70%. This seems
impossible with the limited and steadily shrinking availability of
arable lands and let's not forget about the vast quantities of
fresh water that will be needed. Advanced agricultural technology
will be the only way to make this happen.
Balance Labs plans on distributing a portion of its holdings in
Balance AgroTech Co. to its shareholders on a prorated basis. We
will keep you updated as things progress.
Balance Labs' risk factors, corporate history and audited
financials are available to the public along with other SEC filings
at http://ir.BalanceLabs.co
For additional information, please visit www.BalanceLabs.co
About Balance Labs Balance Labs is a business consulting firm
and an incubator and accelerator of companies. We assist
entrepreneurs in turning their dreams into reality. Balance Labs
receives fees in royalties, equity and cash for the services it
provides. Balance Labs plans on consistently distributing a portion
of the equity it receives as fees or as a founding partner to its
shareholders. For more information, please visit
www.BalanceLabs.co
This information does not constitute an offer to sell or a
solicitation of an offer to buy securities or assets of Balance
Labs. All information presented herein with respect to the existing
business and the historical operating results of Balance Labs and
estimates and projections as to future operations are based on
materials prepared by the management of Balance Labs and involve
significant elements of subjective judgment and analysis which may
or may not be correct. While the information provided herein is
believed to be accurate and reliable, Balance Labs makes no
representations or warranties, expressed or implied, as to the
accuracy or completeness of such information. In furnishing this
information, Balance Labs reserves the right to amend or replace
some or all of the information herein at any time and undertakes no
obligation to provide the recipient with access to any additional
information. Nothing contained herein is or should be relied upon
as a promise or representation as to the future.
Forward-looking Statements: Certain matters discussed in this
announcement contain statements, estimates and projections that
involve risks to and uncertainties in Balance Labs' business that
may cause actual results to differ materially from those
anticipated by the statements made herein. Such statements,
estimates and projections constitute forward-looking statements
within the meaning of the federal securities laws. Balance Labs
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. The recipient of this information is
cautioned not to place undue reliance on forward-looking
statements. No representations or warranties are made as to the
accuracy of such forward-looking statements or whether any of the
projections included herein will be realized.
Contact Balance Labs, Inc. Carmen Villegas +1(305) 907-7600
Carmen@BalanceLabs.co
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