US: AgTech acquires control of True Colors International

Ross Lyndon-James, CEO announced that AgTech has acquired control of True Colors International in an exchange of shares. In connection with this transaction, the name change of True Colors International to AgTech Global International has been registered with the Secretary of State of Nevada, and its application to FINRA for a change of trading symbol is being initiated, replacing its current TUCL symbol.

AgTech's capital raising plan includes the placement of $5,000,000 in the form of a Convertible Note Offering and filing a Form 10 to elevate trading status to a QBB listing with audited financials. An S1 registration filing is also planned for Q3/4 2017. The company currently designs and builds pilot hydroponic plants to demonstrate daily production of fresh, highly nutritious fodder for beef and dairy cattle, in addition to hydroponics system for large scale cultivation of fresh and powdered microgreen vegetables. Microgreens for the nutraceutical market are freeze dried, crushed and powdered, ready for transport and sale to global nutraceutical supplement producers.

Tammy Dunn, COO, stated, "AgTech Global intends to take full advantage of its proprietary hydroponic technologies globally and become a dominant fodder and microgreens producer, using its state-of-the-art controlled environment agricultural (CEA) systems."

Mr. Lyndon-James added, "These systems optimize the use of water, energy, space, capital and labor by controlling growing conditions in enclosed structures such as greenhouses, shipping containers or customized buildings. AgTech also markets a range of ancillary products which maximize plant growth and crop yield, eliminate insect infestation and prevent mold."

For more information:
www.agtech.online