International Endeavors Corp. (OTC Pink: IDVV) operates within the acquisition and development of intellectual property and equipment for the medical and recreational marijuana industries. Shares of the cannabis technology company are surging 120% through afternoon trading on Monday, June 25, 2018. Over the past month, International Endeavors Corp. has seen average daily volume of 161,784 shares. However, volume of 1.74 million shares or dollar volume of $191,400, has already exchanged hands through afternoon trading on Monday.
Shares of International Endeavors Corp. are surging on Monday after the company announced plans to open a Las Vegas, Nevada showroom to highlight its Off Grid Grow Laboratory (OGGL). Each OGGL is capable of growing up to 100 cannabis plants at a time and are able to be utilizes in areas with extreme weather conditions. The system is solar-powered, which eliminates the need for expensive electricity costs associated with a cannabis grow operation. Here is the full press release detailing of the OGGL product and the planned Las Vegas showroom:
International Endeavors Corp. Press Release:
TEMECULA, Calif., June 25, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — Plans are underway for International Endeavors Corporation (OTC: IDVV) to open a showroom in Las Vegas to demonstrate the Off Grid Grow Laboratory (OGGL). A new prototype is being designed specifically for this purpose. Each OGGL can grow up to 100 marijuana plants at a time, making it one of the most efficient designs for a container grow room.
The OGGL is unique in its ability to operate in locations that have extreme temperatures due to it sophisticated use of insulation and its powerful climate-control system. The OGGL works just as well in the soaring heat of the desert of Las Vegas as it does in the freezing temperatures found in Canada. Growers enjoy the flexibility of placing an OGGL anywhere they want and that the entire system can be monitored remotely using a smartphone.
The cost of electricity is one of the main expenses for any growing operation. The OGGL is solar powered to reduce this expense to zero. This means the equipment reaches breakeven profitability much sooner and thereafter the income produced from a harvest is almost pure profits (less the cost of any labor for operations).
Marketing Director for International Endeavors Corporation, William Vinson, said, “Having an OGGL in Las Vegas will make it convenient for potential customers to see a unit in operation and learn more about the equipment by visiting the Vegas showroom in person. The OGGL is the first growing laboratory of its kind in the world to fully incorporate solar-power in its turnkey, ready-to-grow design.”
About the OGGL: The OGGL is the first purpose-built, self-contained, off-grid growing laboratory. Built in a low-cost shipping container, the OGGL has integrated solar modules and lithium-phosphate batteries coupled with a generator backup to supply uninterrupted power to the grow room. The OGGL has been configured for the three stages of the growing process, which are: vegetative, flowering, and cloning.
Off Grid Grow Lab Demo
About International Endeavors Corporation (OTC stock symbol:IDVV)
International Endeavors Corporation focuses on building intellectual property and making equipment sales in the Medical Marijuana and Legal Cannabis Industry through the creation of off-grid grow labs, biomedical devices, clean-energy solutions, and patented devices. The company is also engaged in locating and acquiring established companies, brands, and technologies. The company’s real estate portfolio includes commercial property, agricultural land, and buildings.
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. International Endeavors Corporation (IDVV) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events, or otherwise.