Organic Alliance, Inc. (PINKSHEETS: ORGC) announces it has secured additional financing that will be used towards funding the company's expansion plans. The expandable $1,500,000 financing from Summar will allow the company to complement its growing demand for its products in the USA, but will also accelerate shipments to regions outside of the USA with its products and services as part of its overall growth plans. "Our business continues to grow and this new financing will allow us to meet our growth plans," said Parker Booth, President. "We are continuing to expand our customer base and our grower network in multiple regions, and this enables Organic Alliance to take advantage of new opportunities."
Summar Financial, LLC is a financial service company specializing in short term financing facilities. Summar is based in Miami, FL.
Organic Alliance is an international trading company focused on worldwide sourcing, marketing and distribution of organic food products. Products are grown, packed and shipped under Organic Alliance supervision with a wide-range of product offerings that range from organic fruit and vegetables, to organic grass-fed beef. Our new Certified Origin(TM) program combines in-person inspection and certification by Organic Alliance food technologists, with on-demand traceability, assuring buyers that Organic Alliance products meet or exceed all organic growing and production standards. To find out more about Organic Alliance products, contact the company at 831-240-0295 or at www.organicallianceinc.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements which address actual results could differ materially from those expressed or implied in forward-looking statements. These statements are made on the basis of management's views and assumptions. As a result, there can be no assurance that management's expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.