National Storm Recovery Inc. (OTC: NSRI), a leading
provider of environmentally beneficial solutions to tree and storm waste
disposal, today announced a $20,503,975 valuation of its February 10, 2020 Mulch Manufacturing acquisition equipment
assets through a third-party certified appraisal. This valuation strictly
includes the production equipment located within different locations, as
detailed in the update. “I am pleased with the result on the acquisition’s
third party appraisal and the value it brings to our company,” NSRI’s CEO and
Director Anthony Tony Raynor stated in the news release. “This is only the
beginning and I look forward on sharing many other exciting updates as they
progress.”
To view the full press release, visit http://ibn.fm/9jUCp
About National Storm Recovery
National Storm Recovery, Inc., (“NSRI”) through its
subsidiaries, provides tree services, debris hauling and removal, biomass
recycling, mulch manufacturing, packaging and sales. The company was
established with the objective of providing a solution for the treatment and
handling of tree debris that has historically been disposed of in landfills,
creating an environmental burden and pressure on disposal sites around the
nation. The company and its Sustainable Green Team’s solutions are founded in
sustainability, based on vertically integrated operations that begin with
collecting of tree debris through its tree services division, and collection
sites, then through its processing division, recycling and using that tree
debris as a feedstock that is manufactured into a variety of organic,
attractive, next-generation mulch products that are packaged and sold to
landscapers, installers and garden centers. The company plans to expand its
operations through a combination of organic growth and strategic acquisitions
that are both accretive to earnings and are positioned for rapid growth from
the resulting synergistic opportunities identified. The company’s client base
includes governmental, residential, and commercial customers. To learn more,
visit www.NationalArborCare.com.
NOTE TO INVESTORS: The latest news and updates
relating to NSRI are available in the company’s newsroom at http://ibn.fm/NSRI
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