Located in New York, Organa has quickly made a name for themselves through their vertical hydroponics farming system built to make the most efficient use of light, energy, water, land, temperature and production cycle while growing the highest quality and healthiest plants in an optimum, consistent environment unaffected by weather. Today the company announced the signing of a Letter of Intent with Integrated Green Technologies, Inc. (IGT).
IGT distributes heavy-duty blasting equipment and “green” environmentally safe mobile powder coating systems featuring the pending patent, Triplex Electrostatic/Electrostatic Thermal Spray/Non Electrostatic Thermal Spray and Powder Coating Spray and Conversion Device. The company’s unique powder coating system allows for the first time, powder coating of parts and structures without the use of an oven both in the factory and in the field.
The definitive agreement of the merger with IGT will mandate an exchange of restricted shares of Organa’s company stock to IGT shareholders. The agreement is to be signed no later than September 1, 2011.
Leading the team at Organa Gardens International is Jaclyn Cruz whom serves as the President of the young company. In reference to this announcement, Cruz stated, “This innovative powder coating system is so technically sound yet environmentally friendly that the Company felt that the opportunity to merge with IGT was just ideal for all concerned. This project will bring significant value for our shareholders.”
Currently, Organa is trading in the $0.029 range. With this press release and an array of technology within their corporate pipeline, Organa Gardens International is a company that is starting to capture the attention of their sector.
To learn more about this press release of the company as a whole, visit their corporate website at: www.organagardens.com.
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