NNRF Inc (OTCMKTS:NNRI) Reaches Binding LOI for Joint Venture in Cold Plasma

NNRF Inc (OTCMKTS:NNRI) on April 6, 2023, announced signing a Binding Letter of Intent with Zeolite Australia Pty, Ltd, an Australian corporation, and Plazer, LLC, a Wisconsin Limited Liability Corporation. The Joint Venture will be for the purpose of developing business pertaining to a proprietary Cold Plasma System.

NNRF Inc. has positioned itself as an eco-friendly holding company in recent times. The Cold Plasma System has more than 100 applications, but the Joint Venture will be focusing on developing systems pertaining to farming, agriculture, and cattle. There are a number of opportunities including Fertiliser, Renewable Natural Gas, Hydroponics, Animal Feed, and more.

Plazer and NNRF will harness property in Tennessee for the production of products utilizing proprietary growing methods. Elevate Nutraceutics, a subsidiary of NNRF, will also pursue opportunities for use in hygienic and nutraceuticalapplications.

Plazer System is a commercially viable system that can be scaled for meeting the needs of bigger projects. A dynamic system, Plazer System provides many opportunities. Tomi Holden, CEO of NNRF said that the company will be doing a series of releases to address industry-changing applications. Holden added that completion of the acquisition of Elevate Nutraceutics and Joint Venture with Plazer, the firm has put together a system of businesses that can explore, develop and revolutionize many industries.