Sprout Tiny Homes (PK)【STHI】株式ニュース

PURE ZERO CONSTRUCTION ANNOUNCES LETTER OF INTENT TO ACQUIRE LEGACY HOMES OF PUEBLO

February 22, 2021 | Source: Sprout Tech Homes, Inc.

Pueblo, CO, Feb 22, 2021 -- Sprout Tech Homes, Inc. (OTCQB: STHI), announced today the next step in its acquisition and growth strategy with it’s subsidiary, Pure Zero Construction, executing a letter of intent to acquire Legacy Homes of Pueblo a home builder that has been building quality homes for over 29 years. Legacy is recognized as a high quality home builder that utilizes the latest technology in home building practices, pride it its work ethic, material quality, and understands the comfort, joy, and longevity a high quality home brings. The Pure Zero Construction entity is positioned to scale the building of single family homes and townhomes in the North Vista Highlands development in Pueblo, CO. The Legacy Homes management team will head up the combined entity and bring its network of sub contractors, suppliers and 29 years of experience to establish Pure Zero Construction as the scalable builder in the North Vista subdivision with the first homes anticipated to begin construction in May. Pure Zero is focused on building affordable, healthy, Zero Energy Ready homes in a post pandemic market. This announcement is a continuation of Sprout Tech’s plan to scale Pure Zero through an aggressive acquisition strategy as it builds single family homes and townhomes in the North Vista Highlands housing development in Pueblo, CO.

The Pure Zero constructed homes will utilize Sprout Tech’s technology that will set a standard for the future of housing. Technology innovation will highlight non toxic interiors, superior indoor air quality, EMF reduction, a COVID sanitation locker, virus resistant flooring / surfaces, new kitchen technology, and innovative work / workout space with HVAC technology to take comfort to a new level. The mixed use / downtown area of NVH will feature a variety of retail, restaurants and community centric activities. As previously announced, Sprout is changing its name to Sprout Tech Homes to better reflect the direction of being a technology focused home builder.

Sprout trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies on the OTCQB are current in their reporting and undergo an annual verification and management certification process. For more information on the company, visit http://sprouttechhomes.com.

Caution Concerning Forward Looking Statements:
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Sprout Tiny Homes, Inc. to differ materially from this implied or expressed by such forward-looking statements. This press release speaks as of the date set first set forth above, and Sprout Tiny Homes, Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in our industry.

Rod Stambaugh
info@sprouttechhomes.com
720-810-4228