ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI)
ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI) has completed works on its LiquiRide flexitanks, after one year of testing and trials. The company has since begun delivery of the refrigeration tanks to beverage companies as it continues to look to expand the market of transporting non-hazardous liquids.
Flexitanks are designed to work within refrigerated shipping containers as well as refrigerated tractor trailers. The soft-sided single use containers are tailored for shipping liquids that require temperature control. Environmental Packaging Technologies Holdings touts the containers as least expensive delivery method which is also designed in an environmental friendly way.
ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI) bills itself as a pioneer in the Flexitank manufacturing business. It is the only U.S company designing and commercializing containers that hold up to 24,000 liters of liquid.
I believe that LiquiRide™ is transforming this industry. LiquiRide™ opens up new markets such as fresh juices, juice concentrates, milk – and virtually any liquid requiring temperature control – that have previously been unable to take advantage of the economic and environmental benefits of Flexitank shipping,” said CEO, David Skriloff.
ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI) is currently targeting shipping and logistics companies in more than 50 companies as it looks to generate maximum sales. The company has offices in the U.S, South Korea, Netherlands, and Argentina.
Separately, ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI) has completed a reverse merger of Delaware-based Environmental Packaging Technologies Inc. The company now becomes its own wholly owned subsidiary. The chief executive officer expects the merger to strengthen the company’s position in the market as focus shifts to pursuing opportunities on the global scene with the unveiling of the Flexitank.
ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI) has been on an impressive run in the market. The stock is currently trading at the high end of its tight trading range of $1.15 to $1.34 a share.
The stock was up by 12.39% in Monday’s trading session to end the day at $1.27 a share. It awaits to be seen if the Flexitank news will help sustain investor’s bullish sentiments on ENVIRONMENTAL PACK COM USD0.0001 (OTCMKTS:EPTI), needed to push the stock above its 52-week high of $1.34 a share.
I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.
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About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.