GFES Pristine, Clean Water
The Company owns the rights to a clean, high-quality, reliable and large drinking water resource in an opportunity zone that it owns in Utah. The Company plans to generate sales from GFES water products and water-based applications through a distribution network to customers in the private label, wholesale and government sectors and through joint-venture partners. GFES Water products include: Boxed water with an estimated shelf-life of greater than two years, in 350 mL, 750 mL and 960 mL cartons made from over ninety-percent renewable materials for immediate consumption. Another potential use of GFES water resources is to produce nutritional and medical products. The Company has invested a significant amount of time and resources in its sustainable and renewable drilling and clean water development program and will add additional wells as expanded operations require. Independent laboratories in a state accredited university have completed testing the water from the GFES well and the data reflects an outstanding resource with 7.22 pH water that has also been flow tested with an abundance of capacity The Company has received an additional independent valuation report indicating that GFES clean water is considered “pristine” and meets quality standards for CEA and other consumptive uses. Currently, the Company is in the process of finalizing production plans.