Boston, MA 06/03/2014 (wallstreetpr) – FusionPharm Inc. (OTCMKTS:FSPM) announced that for the quarter ending March 31,2014, the company generated revenue of $305,000 and flaunted its delivery of 10 PharmPods. FSPM pioneers in selling commercial hydroponic cultivation systems and PharmPods hydroponic cultivation container systems to agricultural equipment distributors, urban farming companies and other specialty growers. Its system is capable of growing almost any flower, vegetable, fruit and that too faster and better than traditional farming methods.
CEO Scott Dittman’s Words
During this whole quarter, FusionPharm Inc. (OTCMKTS:FSPM) had manufactured 24 PharmPods on customer orders and was successful in delivering 10 PharmPods. The company suffered a net loss of $47,795 for the quarter, and that too because of the startup nature of its business and the scalability problem it encountered during its operations. After having such an experience, FSPM is certainly now focused on making its purchasing and manufacturing process perfect so as to further improve its margin and to totally cut down on the losses.
FSPM’s CEO Scott Dittman shared an experience with the audience representing that the company has a great vision of the upcoming market. He said lately he had to go to Canada to help some client with the installation of their 6 PharmPods, and this was the first phase of 48 PharmPods installation plan. While helping the client, he was not at all sure if he would get the contract for the rest of the 42 PharmPods or not, but one thing he surely noticed and was proud to see that the client had a total of 15,00 thousand square foot facility and each part of it was customized to implement PharmPods. This clearly showed that FSPM sees the potential areas of the evolving market!
FSPM is visionary in a true sense
Further, FusionPharm Inc. (OTCMKTS:FSPM) also offers the facility of phase by phase installation which helps the customers with very large commercial cultivation centers. The company just delivers the clients more, and more pods as per their needs and all these pods are of the plug-in type which means the client just needs to add them to the already existing pods and Voilà! The production capacity is increased.
This vision of PharmPods hydroponic cultivation over the traditional cultivation system is making its way through the market at an exceptional pace, and it seems FusionPharm Inc. (OTCMKTS:FSPM) is all set to cater to the needs of its old and to be clients!
