Nocera, Inc 8-K/A, filed May 12, 2020
Nocera, Inc. (NCRA)
About this 8-K/A
Nocera, Inc filed this 8-K/A on May 12, 2020, reporting on events of October 30, 2019.
Items reported
- Item 1.01: Entered into a material agreement
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
Amendment No. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): July 2019
NOCERA, INC.
(Exact name of registrant as specified in charter)
Nevada
(State or other jurisdiction of incorporation)
| 000-55993 | 16-1626611 | |
| (Commission File Number) | (IRS Employer Identification No.) |
2030 POWERS FERRY ROAD SE, SUITE #212
ATLANTA, GA 30339
(Address of principal executive offices and zip code)
404-816-8240
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: None
| Title of each Class | Trading Symbol | Name of each exchange on which registered |
| N/A | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging Growth Company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
EXPLANATORY NOTE
Nocera, Inc. (the "Company") is filing this Amendment No. 1 to its Form 8-K filed with the Securities and Exchange Commission on October 30, 2019 for the purpose of replacing Item 9.01 - Exhibit 10.2. All other information in this filing speaks as of the original date of the filing.
Item 1.01 Entry into a Material Definitive Agreement
In July 2019, we entered into a Guizhou Kaili Land-based Culture System Project Contract (“Project Contract”) for 400 RAS tanks in Kaili with Dongguan CIMC Intelligent Technology Co., Ltd (“DG CIMC”), total amounts to 40 million RMB (approximately $5.7 million US dollars). Currently, we are pending the 40% advance payment before we start manufacturing the 400 tanks. We expect the 40% will be received in Q4 of 2019 and target to complete in Q1 of 2020. The Chinese and English translated versions of the Project Contract are attached hereto as Exhibit 10.1.
In September 2019, we entered into an exclusive Regional Agency Cooperation Agreement (“Cooperation Agreement”) with JC Development, Co., Ltd. in Taiwan. Pursuant to the terms of the agreement, in return for the right to market Nocera’s products in Asia, JC Development Co., Ltd. has agreed to pay Nocera a total amount of $5 million US dollars payable in five annual installments of $1,000,000 starting September 2019. JC Development will receive an 8% commission of its total sales, excluding sales made by DG CIMC in China. The Chinese and English translated versions of the Cooperation Agreement are attached hereto as Exhibit 10.2.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 28, 2019, Kuan-Yun Cheng tendered her resignation as President and CEO of the Company. Ms. Cheng resigned for personal reasons, and there were no disagreements between Ms. Cheng and the Company.
On October 28, 2019, Yin-Chieh Cheng was appointed as President and CEO of the Company. Concurrent with his appointment as President and CEO, Mr. Cheng resigned as Chief Financial Officer of the Company. Mr. Cheng remains Chairman of the Board of Directors. Prior to that role, from December 1, 2014, to present, Mr. Yin-Chieh Cheng acted as a director of Shengbo Accounting Firm in Shanghai. Mr. Yin-Chieh Cheng holds a bachelor’s degree in Accounting from George Mason University in Virginia.
Mr. Shun-Chih Chuang was appointed as Chief Financial Officer on October 28, 2019. Prior to that role, Mr. Chuang was a project manager at Deloitte Financial Advisory where he was part of the Transaction Support practice. Mr. Chuang has a marketing degree from UC-Berkeley Extension, and a BS in Accounting from Soochow University, Taiwan. He currently holds Certified Public Accounting (CPA) licenses from the United States and Taiwan
Item 7.01 Regulation FD Disclosure.
Press Release
The information in this Item 7.01 of this Current Report is furnished pursuant to Item 7.01 and shall not be deemed "filed"
for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that
Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under
the Securities Act or the Exchange Act regardless of any general incorporation language in such filing.
On October 29, 2019, the Company issued a press release. A copy of the press release is attached hereto as Exhibit 99.1.
On October 30, 2019, the Company issued a press release. A copy of the press release is attached hereto as Exhibit 99.2
Item 9.01 Exhibits
The following exhibits are filed with this report on Form 8-K.
| Exhibit Number | Exhibit |
| 10.1 | Guizhou Kaili Land-based Culture System Project Contract |
| 10.2 | Regional Agency Cooperation Agreement |
| 99.1 | Press Release dated October 29, 2019 |
| 99.2 | Press Release dated October 30, 2019 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Nocera, Inc.
By: /s/ Erik S. Nelson
____________________
Erik S. Nelson
Title: Corporate Secretary
Date: May 12, 2020
EXHIBIT 10.1
(English Translation)
Guizhou Kaili Land-based Culture System
Project contract
Contract No.: DGSSC-XY20190623 1
Party A: Dongguan CIMC Intelligent Technology Co., Ltd. Address: Songshan Lake High-tech, Dongguan City
Room A and B, Building 11, Zhongji Zhigu, No. 1 Nanshan Road, Industrial Development Zone; Unified Social Credit Generation
Code (registration number): 91441900MA4UL46U01.
Party B: Guizhou Wanfeng Lake Smart Aquatic Technology Co., Ltd. Address: Building 5, Fatshan Resettlement Area, Fengdu Office, Xingyi City, Guizhou Province, Guizhou Province; Uniform Social Credit Code Registration No.: 91522300MA6ECG9C5H.
Party A shall, in accordance with the relevant laws and regulations of the People's Republic of China Contract Law and other relevant laws and regulations, follow the principles of equality, voluntariness, fairness and good faith, and Party B shall be friendly to Party A and Party B. During the negotiation, both parties signed and signed this contract and complied with it.
Article 1 Content of the contract project
1. Project Name: Land-based aquaculture system engineering.
2. The project content includes land-based aquaculture system design fee, labor cost, material fee, transportation cost and technical service fee, including land-based aquaculture system production, system water inlet and outlet pipe system (excluding main water inlet and drainage pipe), and site Installation services; system accessories such as breeding cabinets and centralized filtration systems are detailed in the attached configuration list.
3. Technical specifications and drawings: according to the specifications of land-based farming systems.
4. System parameters: The water body of a single culture system is 100m3, the culture density is greater than or equal to 50kg/m3 (refer to tilapia culture), and the energy consumption of a single culture system is not more than 2KW.
5. A total of 400 sets of land-based aquaculture system projects, the total price of the project: ¥40,000,000.00; capital: 10,000 yuan, currency: RMB, this is the price of the project-related invoice.
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6. If there are any additions or reductions to the above-mentioned contract content, the project will be adjusted according to the actual amount of engineering work. Party A and Party B will sign a supplementary agreement according to the addition or reduction.
Article 2 Product Delivery
1. Delivery location: within the scope of Kaili City, Guizhou
2. Delivery method: Party B delivers and transports to the designated place
3. Delivery time: agreed by both parties (the specific delivery time is adjusted according to the actual situation)
4. Basic conditions for the construction of Party B (site compliance specification)
(1) Party A is responsible for handling the relevant formalities for legal declaration and approval. Party A is responsible for the legal procedures for improving the land use procedures, environmental protection, and planning of the site.
(2) Party A needs to do a good job in the three-way and one-level installation of the site: access: can pass the 12-meter long flat transport vehicle and self-provided crane; water: the water source water quality is stable and available for a long time, the flow rate is 200m3/H; : 380V and 220V power supplies are required on site.
(3) The terrain of the site is flat and open, with strong wind and flood prevention capabilities, ensuring that the farm system placement area will not be flooded when flooding.
(4) The foundation where each breeding box is placed is required to be flat and can bear 100T (each breeding box covers an area of about 60 square meters).
Article 3 Product Quality Assurance
1. Product quality requirements: Party B shall design and construct the construction drawings according to the design plan determined by the audit, strictly follow the construction drawings and meet the national/industry quality standards.
2. Change processing method: If Party A delays delivery time, it must notify Party B in writing 3 days before the deadline for delivery. Party A shall notify Party B in writing [7] days in advance if it is necessary to change the specification, model, quantity and color of the ordered product. After the written confirmation by both parties, Party B can only adjust the contract amount for the price difference caused by the change of specifications and models, but may not charge other fees for Party A's change. Party A shall be exempt from Party B's liability for Party B's delay in delivery due to Party A's change in the specifications, model, quantity and color of the goods.
3. Product warranty: The total warranty period of the contract is detailed in the attached notes. The warranty period begins on the date of delivery. During the
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warranty period, if there is a quality problem in the product (except for the defects caused by the quality of the product itself or the defects caused by the non-operativity of Party B), Party B shall be responsible for the free replacement and repair of the parts. Party B may provide maintenance and repair services due to improper damage caused by the improper operation of Party A personnel or maintenance and repair outside the warranty period. Party B shall charge the fees according to the corresponding materials and labor costs.
4. Party B provides free training services for products and systems, and systematically trains the operators of Party A to ensure that the trainees are proficient in system operation skills and the system can operate well.
Article 4 Payment method
1. Within 5 working days from the date of signing the contract, because Party B must customize the PE sheet and filtering equipment facilities and accessories of the foreign enterprise, Party A shall pay Party B the [40%] of the total contract price as the project advance payment, breeding pool and After the filter equipment is in place and before installation, Party A shall pay Party B the [40%] of the total contract price as the project progress payment; before the system is commissioned, Party A shall pay Party B the [20%] of the total contract price as the project balance.
2, collection account information
Company Name: Guizhou Wanfeng Lake Smart Aquatic Technology Co., Ltd.
Company Address: Fengdu, Xingyi City, Buyi and Miao Autonomous Prefecture, Southwest Guizhou Province
Building 5, Fat Hill Resettlement Area
Bank: Guizhou Xingyi Rural Commercial Bank Co., Ltd.
Account number: 820000000001614345
Article 5 Liability for breach of contract
1. Except as otherwise provided in this contract, both parties to the contract must fully perform this contract, otherwise, they shall bear the corresponding liability for breach of contract.
2. If Party B fails to complete the delivery on time, Party A shall pay Party A the liquidated damages on the basis of 5 days of the total contract price. If the overdue period exceeds 30 days, Party A shall have the right to terminate the contract and pay Party A the equivalent of the contract. 10% of the penalty for the price. Party B shall not be liable for any breach of contract due to Party A's reasons (plan adjustment, overdue delivery, contract and payment, etc.) resulting in deferred delivery.
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3. If Party A fails to pay the project payment according to the time limit stipulated in the contract, Party B will pay liquidated damages to Party B on the basis of 5 days of the total contract price. If it is overdue for more than 30 days, it will pay the equivalent contract to Party A in addition to the liquidated damages. 10% of the total price of liquidated damages.
4. In the process of contract execution, if Party A requests to cancel the execution of the contract, Party A shall compensate Party B for all losses caused by Party B to cancel the contract and pay Party B a penalty of 20% of the total contract price.
Article 6 Address
1. All notices required by the other party to the other party and the documents and exchanges between the two parties and the notices and requirements related to this contract must be in writing and can be used (letter, fax, email, face-to-face delivery, etc.). transfer.
2. The communication addresses of the parties are as follows
Party A: CIMC Zhigu, No. 1 Nanshan Road, Songshan Lake High-tech Industrial Development Zone, Dongguan City
Room A and B of Building 11
Party B: Fatshan An, Fengdu Office, Xingyi City, Buyi and Miao Autonomous Prefecture, Southwest Guizhou Province
Building 5
3. The notice of change or the address of a party shall be notified to the other party in writing within [7] working days from the date of the change; otherwise, the unrecognized party shall bear the relevant liabilities arising therefrom.
Article 7 Confidentiality clause
The parties hereto agree that they shall be obliged to keep confidential the relevant materials obtained by the other party during the signing and performance of this agreement, and shall not disclose directly or indirectly to any third party without the need to perform this agreement or without the written consent of the other party; It is further confirmed that it will take all necessary measures to prevent any affiliated company, employee, agent or any other person from illegally using or disclosing any confidential information.
Article 8 Force Majeure
1. If the contract cannot be performed due to force majeure, the contract shall be terminated and the parties shall not bear any responsibility, except as otherwise provided in this contract.
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2. If part of the contract cannot be performed due to force majeure (including delays in performance), the corresponding liability shall be waived according to the influence of force majeure, except as otherwise provided in this contract.
3. If a party to the contract delays the performance of the contract, force majeure will not be waived.
4. If the force majeure affects the performance of the contract, the party that is subject to force majeure shall promptly notify the other party and submit to the other party a sufficient and valid proof of force majeure within a reasonable period after the end of force majeure. Otherwise, the corresponding liability shall not be waived.
5. The term "force majeure" as used in this contract refers to an objective situation that cannot be foreseen, cannot be avoided, and cannot be overcome. Force majeure includes war, earthquake, turmoil, falling of flying objects or other explosions caused by non-Party or Party B's responsibility, fire, typhoon, etc.
6. Delays cannot be exempted due to force majeure after the contract party has delayed performance of the contract.
The corresponding responsibilities of the performing party.
Article 9 Dispute Resolution
1. This contract is governed by and construed in accordance with the laws of the People's Republic of China.
2. The disputes arising during the performance of this contract shall be settled through negotiation between the two parties. If the negotiation fails, the dispute shall be settled as follows: in accordance with the law, in the people's court at the place where the prosecution party is located, during the trial of the court, except for the matters submitted to the court for trial, the contract Other parts should continue to be performed.
Article 10 Effect of the contract
1. This contract shall take effect from the date on which the legal representatives of the parties or both parties or their authorized representatives sign and affix the official seal of the unit or the special seal of the contract.
2. The original of this contract is in the form of one copy, Party A is responsible for the share, Party B is responsible for the share, has the same legal effect, and the scanned copy is also valid.
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Party A (seal): Dongguan CIMC Intelligent Technology Co., Ltd.
Authorized representative (signature):
Company signature:
Date of signing: Year Month Day
Party B (seal):
Authorized representative (signature): Guizhou Wanfeng Lake Smart Aquatic Technology Co., Ltd.
Company signature:
Date of signing: Year Month Day
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EXHIBIT 10.2
(English Translation)
Regional agency cooperation agreement
Party A: Grand Smooth Inc Ltd (hereinafter referred to as Party A)
Party B: Jieyu Development Co., Ltd. (hereinafter referred to as Party B)
On the basis of the principle of equality, mutual benefit and common development and growth, both parties will reach the following agreement on the matter of Party B's agent in Party A in a designated area.
Article 1: Authorized goods
1. Party B will introduce land-based recirculating aquaculture equipment manufactured by Party A Group (Guizhou Wanfeng Lake Smart Aquatic Technology Co., Ltd., hereinafter referred to as Wanfeng Lake).
Article 2: Authorized area and authority
1. Party A will authorize Party B to be the agent of Party A's goods in Asia, and Party B shall be fully responsible for the sales of goods and dealer management in Asia, excluding sales made by CIMC Smart Science & Technology CO., Ltd. (“CIMC SSC”) in China .
2. Without the consent of Party A, Party B shall not transfer or entrust part or all of the rights under this contract to any third party; any transfer or entrustment without the consent of Party A shall be deemed as Party B's breach of contract and result in unconditional contract. termination.
3. Party B is prohibited from selling across regions. After verifying that Party B has cross-regional sales behavior, Party A has the right to request Party B to unconditionally recover all the goods delivered. Party B shall bear all the expenses. If Party B does not recover the goods, Party A will cancel its agent qualification. This contract will be automatically terminated and all consequences will be borne by Party B.
4. For the sales area of Party B's agent, Party B may formulate a sales strategy based on actual conditions. In principle, Party A shall not interfere. If Party B's sales price changes, Party B must first obtain written consent from Party A, and Party B's own and subordinates. Dealer's distribution behavior is infinitely joint and several liability.
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Article 3: Agency term
1. The term of the agent of this contract is permanent. From the date of the bookmarking of this agreement, the term of the agent is permanent unless one party breaches the contract or the parties cancel the contract in writing or encounters force majeure.
Article 4: Agency Authorization
1. Party A collects USD 5 million from Party B as a permanent agency license, and Party A agrees that Party B shall pay for it in 5 years according to the following schedule and amount:
a) pay the first $1 million within 30 days after signing the contract;
b) pay a second US$1 million by June 1, 2020;
c) pay a third US$1 million by June 1, 2021;
d) pay a fourth US$1 million by June 1, 2022;
e) Pay a final payment of $1 million by June 1, 2023.
Article 5 : Agency commodity prices
1. Delivery price: A shall deliver the price of the product to Party B in a unified partition (quote by FOR/FOB, details are negotiable)
2. Sales price: Party B shall sell the products (services) according to the retail price recommended by Party A (provided).
The retail price recommended by the party (specified) does not meet the local market conditions, and Party B must adjust the sales.
The price shall be reported to Party A, and Party A shall, in accordance with the uniformity requirements of the system and Party B.
The market situation in the region is considered comprehensively and the decision to adjust the price is made.
Article 6 : Settlement and commission
1. Settlement: Both parties agree to settle the order every 3 months, pay for the payment in 6 months, and get cash or 180 days.
The current check pays the account.
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2. Commission: If Party B matches or signs contract shipments, each group of equipment will be 8% of the total price, each
3 months settlement, 6 months payment, can be paid in cash or within 180 days
Account.
Article 7 : Return (exchange) goods and damages
1. Return (exchange) goods: If the product is not produced or damaged, Party B shall not return (exchange) the goods after arrival.
2. Damages: If the goods are not attributable to Party A, the goods are subject to refund, exchange or other damage to the consumer due to the sale of the goods, Party B shall be responsible for the general responsibility.
Article 8 : The agency cooperation agreement in this region shall be signed before September 30, 2019, and the overdue conditions shall be discussed separately.
Article 9 : In addition to the content agreed in this Agreement, either Party A or Party B’s business and law against the other party
Legal acts and operating losses are not responsible.
Article 10 : The two parties shall be aware of or hold the technical materials, business secrets, etc. of the other party in the case of this cooperation case.
The obligation to keep confidential shall not be disclosed to a third party without the written consent of the other party.
Article 11 : After the contract is signed, Party B shall not represent or produce other similar brands during the agency period.
If the product is verified, Party A unconditionally cancels the qualification of Party B and does not renew the contract.
Party B shall not object.
Article 12 : The original agreement of the agency cooperation agreement in this region is two copies, and the two parties will take effect after signing and stamping.
Party and Party B are separately deposited.
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Te Li this regional agency cooperation agreement
Contractor (Party A): Grand Smooth Inc Ltd
Signature of the person in charge: Zheng Yingjie
Company number: 2128119
Tel: +85269985418
Address: Unit B, 6th Floor, TEDA Commercial Building, 87 Wing Lok Street, Sheung Wan, Hong Kong
Contractor (Party B): Jie Hao Development Co., Ltd.
Signature of the person in charge: Zheng Fengqi
Unified Number: 54836040
Tel: +886226511568
Address: 3rd Floor, No. 8, Lane 3, Lane 214, Section 4, Chenggong Road, Neihu District, Taipei, Taiwan
January 2019
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EXHIBIT 99.1
Nocera, Inc. (OTC: NCRA) Agreement to Produce 400 Tank Systems for DG CIMC
Atlanta, GA. October 29, 2019 - Nocera, Inc. www.nocera.company (OTC: NCRA) a provider of design, build, and installation services of aquaculture (fish farm) equipment is pleased to announce that it has entered into a Project Contract for 400 Recirculating Aquaculture System (“RAS”) tanks in Kaili, Guizhou province, China with Dongguan CIMC Intelligent Technology Co., Ltd (“DG CIMC”). The anticipated value of the tanks to be produced and delivered is approximately $5.7 million US dollars based upon current foreign currency exchange rates.
Kaili is a city located in southwestern Guizhou province. It is the center of Miao culture, hosting more than 120 festivals every year. Guizhou is a landlocked province in southwestern China. It is currently estimated that the population of Guizhou is approximately 35 million people.
Currently, we are pending the initial advance payment before we start manufacturing the 400 tanks. We expect the initial payment will be received in Q4 of 2019 and expect to complete the production of the 400 tanks during the 2nd quarter of 2020.
Management Commentary
Yin-Chieh “Jeff’ Cheng, Chief Executive Officer, Nocera stated, “We are very pleased with the contract agreement. This is a substantial movement in the right direction and continues our production and delivery of RAS tank systems to Chinese fish farms. China introduced its new clean water policy in 2017, resulting in the removal of all fish farms in public waters, including lakes and rivers. As a result, Chinese fish farm operators have been forced to move to tank based fish farms in order to sustain production. In 2018, we produced and delivered 473 tank systems to our Chinese customers. We expect that the long term demand over the next several years in China to be more than 10,000 systems, and more than 16,000 systems worldwide.”
About Nocera, Inc.
Operating primarily through its Grand Smooth, Inc. subsidiary, Nocera designs, builds, installs, equipment for the fish farming industry, as well as provides technical assistance to the operators of the equipment. The Company’s Land-Based Recirculation Aquaculture Systems (RAS) can be used for saltwater and freshwater species. The RAS systems recycle water, and in the process help preserve the ecosystem by reducing pollution from an over concentration of fish in natural waterways or bodies. Nocera’s RAS tanks can produce up to 20,000-30,000 lbs. of fish annually. For more information, please visit the corporate website at www.nocera.comany.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There is no assurance that such statements will prove to be accurate, and actual results and future events could differ materially. Nocera undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contacts:
Nocera, Inc.
2030 Powers Ferry Road SE
Suite No. 212
Atlanta, GA 30339
phone: 404-816-8240; email: info@nocera.company)
EXHIBIT 99.2
Nocera, Inc. (OTC: NCRA) Announces Regional Agency Cooperation Agreement with JC Development Co., Ltd
Atlanta, GA. October 30, 2019 - Nocera, Inc. www.nocera.company (OTC: NCRA) a provider of design, build, and installation services of aquaculture (fish farm) equipment is pleased to announce that it has entered into a Regional Agency Cooperation (Marketing) Agreement with JC Development Co. Ltd. covering the Asian region. Under the terms of this agreement JC Development will act as Nocera’s sales representative for the Asian region.
Based in Taipei, Taiwan JC Development is an equipment trading company with operations in greater China and Asia.
Management Commentary
Yin-Chieh “Jeff’ Cheng, Chief Executive Officer, Nocera stated, “This marketing agreement is a long term contract whereby JC Development is paying Nocera $5,000,000 for the rights to sell our equipment and services in Asia. Nocera has already received the 1st of 5 annual payments of $1,000,000 from JC Development. In addition, to China International Marine Corporation (CIMC), JC will be our main distributor and sales agent in the Area. We are pleased to sign the cooperation agreement with JC Development and we look forward to working with them. This agreement as the next step in our building our long-term sales and marketing strategy.”
About Nocera, Inc.
Operating primarily through its Grand Smooth, Inc. subsidiary, Nocera designs, builds, installs, equipment for the fish farming industry, as well as provides technical assistance to the operators of the equipment. The Company’s Land-Based Recirculation Aquaculture Systems (RAS) can be used for saltwater and freshwater species. The RAS systems recycle water, and in the process help preserve the ecosystem by reducing pollution from an over concentration of fish in natural waterways or bodies. Nocera’s RAS tanks can produce up to 20,000-30,000 lbs. of fish annually. For more information, please visit the corporate website at www.nocera.comany.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There is no assurance that such statements will prove to be accurate, and actual results and future events could differ materially. Nocera undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contacts:
Nocera, Inc.
2030 Powers Ferry Road SE
Suite No. 212
Atlanta, GA 30339
phone: 404-816-8240; email: info@nocera.company)