RGI Announcement
Production Savings Leads to Increased Margins Roto-Gro executes a purchase order with Roto-Gro Technologies Inc. for the production of One Hundred and Fifty (150) Roto-Gro 420 garden systems resulting in significant double-digit percentage cost reduction Roto-Gro confirms significant reduction in delivery time Roto-Gro increases service and critical spares value proposition for its new and existing customers Roto-Gro World Wide (Canada) Inc., a wholly owned subsidiary of Roto-Gro International Limited (ASX:RGI or the “Company”), has executed an agreement with Roto-Gro Technologies Inc. to manufacture and produce One Hundred and Fifty (150) Roto-Gro 420 garden systems. The commitment to a large production run of 150 units results in a significant double-digit percentage cost reduction in the production of these units.
RGI has the most tightly held register of the MM stocks, and 80c is not too far a reach before long.
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