ITRONICS RECEIVES VALUATION REPORT
FOR ITS INTELLECTUAL PROPERTY TO OBTAIN NON-DILUTIVE
FINANCING
RENO,
NV -- February 1, 2023 -- InvestorsHub NewsWire
-- Itronics Inc. (OTC:ITRO)
announced today that it has received a confidential intellectual
property asset valuation report from Fallingst Technologies
LLC.
Fallingst Technologies is a
leading technology advisory, asset management and IP valuation
& lending services firm that works closely with 'smart
tech' companies that are focused on bringing transformational ideas
and technologies to the marketplace, particularly the emerging
markets. "The firm's independent third-party IP valuation services
help clients take advantage of non-dilutive lender and investor
financing opportunities," said Joseph Hopkins, CEO of
Fallingst.
"The
work program is designed to include a comprehensive IP asset
valuation to be followed by a funding event," said Dr. John
Whitney, Itronics President. "The valuation work has been
completed and work is now commencing to establish a project that
can be funded using the IP valuation as a security component of the
financing. Itronics' business is based on use of its
portfolio of proprietary 'Zero Waste Energy Saving
Technologies'. Completion of this work is expected to
significantly increase the value of the Company."
"We
would like to thank our investors for their continued support,"
said Dr. Whitney. "Our portfolio of 'Zero Waste Energy Saving
Technologies' is making the world cleaner and greener and is now
being positioned to accelerate the Company's drive to
profitability."
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a 'Zero Waste
Energy Saving Technology' Company that produces GOLD'n GRO
multi-nutrient liquid fertilizers, silver bullion, and
silver-bearing glass. The Company's environmentally friendly
award winning GOLD'n GRO liquid fertilizers are used extensively in
agriculture in California.
Follow Itronics on Facebook:
https://www.facebook.com/itronicsinc
Follow Itronics on Twitter: https://twitter.com/itronicsinc
* * * * * * * * * *
VISIT OUR WEB SITE: http://www.itronics.com
Contact us
(775-689-7696)
("Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995: This press release contains or may
contain forward-looking statements such as statements regarding the
Company's growth and profitability, growth strategy, liquidity and
access to public markets, operating expense reduction, and trends
in the industry in which the Company operates. The
forward-looking statements contained in this press release are also
subject to other risks and uncertainties, including those more
fully described in the Company's filings with the Securities and
Exchange Commission. The Company assumes no obligation to
update these forward-looking statements to reflect actual results,
changes in risks, uncertainties or assumptions underlying or
affecting such statements, or for prospective events that may have
a retroactive effect.)
Contact: Paul Knopick
888-795-6336