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WILMINGTON, DE / ACCESSWIRE / February 16, 2021 / Novagant Corp. (OTC PINK:NVGT)(the Company ) a specialty investment company that develops agriculturally based technology companies announced today it has completed the purchase of two significant patents for its commercial and residential hydroponic/aquaponic operations.
As previously reported, the Company signed a binding LOI with Apex Farms Corp. to purchase patents 9,795,097 and 10,004,188 in exchange for 25 million shares of Novagant Corp. restricted common stock. The purchase of these two patents has now been completed.
The acquisition of these patents will now give Novagant Corp. the ability to target commercial and residential farming markets with significant advantages to substantive growth of produce without having to increase equipment and space.
Binding LOI Offer by Novagent Corp For Apex Farm Corp Patents saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
Novagant Corp.: Binding LOI Offer by Novagent Corp. For Apex Farm Corp. Patents
WILMINGTON, DE / ACCESSWIRE / February 11, 2021 /
Novagant Corp. (OTC PINK:NVGT) a specialty investment company that develops agriculturally based technology companies announced today a binding LOI has been made for the acquisition of Apex Farms Corp. patents.
To date, the company has been issued a total of two patents 9,795,097 and 10,004,188. Originally, the Apex Vertical System was designed for commercial usage. However, after receiving an increased number of inquiries for a residential variation of the system, Apex modified the original system for home use. Mr. Robert White went on to say The company has designed a smaller variation of the Apex Vertical system that can be boxed and sold at retail stores such as Lowes, Home Depot, and even Amazon.