This morning it is quite likely that the Impact Fusion International Inc (OTCMKTS:IFUS) is going to come into focus among investors following an announcement from the company.
Trading Data
On Tuesday, IFUS stock lost 2.03% to $0.0290 with more than 773.05K shares, compared to its average volume of 1.09 million shares. The stock moved within a range of $0.0265 – 0.0300 after opening trading at $0.0299.
Impact Fusion’s Team Ramps up Production to Meet Demand for Commercial Sales Providing Custom Blended Feed for Cattle Ranchers
The company announced yesterday that a cattle rancher with a number of herds located not too far from the company’s production facility had decided to deploy Impact Fusion’s Supreme Gold Plus formulation and technology. Supreme Gold Plus is going to be used on the herds of beef cattle that the rancher manages in Louisiana. It was a significant new announcement and one that could have a long term impact on the company’s fortunes.
As per the nature of the understanding between the two parties, Impact Fusion is going to be responsible for taking charge of the controlled feeding duties of the herds of beef cattle. The whole thing is going to begin on the week that begins on January 23. 2023.
The proprietary manufacturing process from Impact Fusion also allows customers to customize the feed that they offer the cattle. At this point in time, Louisiana is among the top 5 beef producing states in the United States. It now remains to be seen if the Impact Fusion stock makes a move over the coming days or not.
Key Quote
“The goal of the testing and validation by “hand’s on ranchers” will further enable Impact Fusion to design feed suited to experienced ranchers’ specifications” stated Marc Walther, CEO