KING GEORGE, Va., Aug. 25, 2022 (GLOBE NEWSWIRE) — Free Flow, Inc. (OTCQB: FFLO), with subsidiaries in the automotive, scrap metal and investment industries, is pleased to announce the first scrap shipment under a recently concluded 12-month scrap purchase agreement with Fuji Mountain Electrical Devices (Fuji). In addition to the first shipment, the Company is accelerating its processes and sourcing for future shipments.
Fuji’s purchase agreement has a target of around 50,000 pounds. of scrap metal per week and projected annual revenues of over $1,000,000.
Free Flow, Inc. recently updated its offering memorandum, which can be viewed on its website, www.FreeFlowPLC.com, at http://www.freeflowplc.com/offering-memorandum/.
ON FREEFLOW, INC.
Free Flow, Inc., trading under the ticker symbol “FFLO”, is a Delaware corporation that establishes and acquires operating subsidiaries for the purpose of manufacturing and selling products and services. Through its current subsidiaries, the company provides OEM (Original Equipment Manufacturer) recycled automotive parts and supplies from a warehouse and shipping facility at its 19+ acre site in King George , Virginia. Every year around eleven million cars are scrapped and end up in salvage yards for reprocessing. FFLO helps reduce the carbon footprint involved in the production of new steel parts and products through the sale of recycled automotive parts and supplies.
The information in this press release includes “forward-looking statements” pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of current or historical fact, include in this press release, regarding the proposed Business Transaction, the ability of the parties to complete the proposed Business Transaction, the benefits and timing of the proposed Business Transaction, as well as future transactions and financial performance, estimated financial condition, estimated revenues and losses, market projections, opportunity and market share, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on FFLO’s management belief or interpretation of information currently available.
These forward-looking statements are based on various assumptions, whether or not identified herein, and on the current expectations of FFLO’s management and are not predictions of actual performance. Because forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions, whether or not identified in this press release, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. . These forward-looking statements should not be taken to represent FFLO’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed on forward-looking statements.