Direction: The Company is pleased to announce that the resources that were allocated for the development and sales of Telogenix, a company developing nutraceutical mushroom products, has been re-allocated to the development of the Company’s own proprietary provisional patent technology and mushroom related business acquisitions.
Acquisitions: The Company is in the final stages of setting up a
Andrii Bruznia, Director of Acquisitions says, “I am looking forward to this new chapter in my life and the life of my family, as I join the
Innovation: We have focused our US resources on the prototype development of our textile innovation. Crossing borders to better understand and develop this new product is enabling for a broader perspective, privacy of formulation and is adding years of technological research to the team. We look forward to sharing the progress and ask for the patience of our shareholders in updates due to the nature of the work with its patent potential.
In The Media:
We have garnered media attention with the filing of the provisional patent with some links below:
https://www.ecotextile.com/2022082429755/materials-production-news/mycelium-innovator-files-for-patent.html
https://www.benzinga.com/pressreleases/22/08/g28598932/marijuana-strategic-ventures-inc-otc-msvi-now-mushrooms-inc-announces-filing-of-provisional-patent
https://www.theglobeandmail.com/investing/markets/stocks/MSVI/pressreleases/9171363/marijuana-strategic-ventures-inc-otc-msvi-announces-updates-for-mushrooms-inc-health-product-production-provisional-patent-and-business-plan-development/
https://www.yahoo.com/now/marijuana-strategic-ventures-inc-otc-123000305.htmlÂ
https://www.textileworld.com/textile-world/fiber-world/2022/08/marijuana-strategic-ventures-inc-now-mushrooms-inc-announces-filing-of-provisional-patent-for-novel-mycelium-thread/
Myco Technology with Mushroom Textile Applications
https://www.tevonews.com/fibres-yarns-news/3233-mycelium-innovator-files-for-patent
https://darik.news/nevada/msvi-now-mushrooms-inc-announces-provisional-patent-filing-for-novel-mycelium-thread/648803.html
https://6park.news/nevada/msvi-now-mushrooms-inc-announces-the-filing-of-a-provisional-patent-for-a-new-mycelium-thread.html
https://startuplist.africa/startup/mycelium
https://topnewsguide.com/2022/08/24/marijuana-strategic-ventures-inc-otcmktsmsvi-stock-gains-on-filing-of-provisional-patent/
https://www.wallstreet-online.de/nachricht/15850263-marijuana-strategic-ventures-inc-otc-msvi-now-mushrooms-inc-announces-filing-of-provisional-patent-for-novel-mycelium-thread
https://www.cnbc.com/quotes/MSVI
About
New Venture –
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The vision for
For more information, email info@mushroomsinc.com or visit www.mushroomsinc.com
Safe Harbor Statement
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Corporate Contact:
CEO:Â
email:Â Â info@mushroomsinc.com
Source:
2022 GlobeNewswire, Inc., source
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