Category: Investment, Agriculture
Agriculture Stock Trading Alert; Urban Barns Foods (OTCQB: URBF) Gains 66% Following News on MOU
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News about: Urban Barns Foods Inc. (OTCQB: URBF)
New York, New York - November 5, 2012 (Investorideas.com Newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors issues a trading alert for agriculture stock, Urban Barns Foods Inc. (OTCQB:URBF) . The stock is trading at $0.05, gaining 0.02 or 66.67% as of 11:12AM EST following news from the Company.
Urban Barns, specializing in "CUBIC FARMING" a revolutionary type of farming that dramatically increases yields of vegetables with radically diminished water consumption when compared to conventional farming signed a memorandum of understanding ("MOU") with Wells Communications Inc. ("Wells") http://www.wellscom.co.kr. The purpose of the MOU is to develop and expand a framework of cooperation between Urban Barns and Wells to develop mutually beneficial programs, projects and activities using LED light fixtures.
Urban Barns plans to install Wells LED lights in the first urban growing facilities of its kind in the world using the revolutionary CUBIC FARMING method for commercial production.
About Urban Barns Foods Inc. (OTCQB: URBF)
Urban Barns uses patent pending proprietary equipment to produce affordable vegetables in a secure and controlled indoor environment. By setting up subsidiary facilities and growing locally, Urban Barns can focus on supplying any community, irrespective of the regional climate, effectively reducing shipping times and related spoilage costs. Urban Barns has the unique ability to scale and cater to the demands of all major communities. Our commitment to our consumers is reflected through our motto, "Purely Fresh, Naturally Tasty, and Completely Healthy". www.urbanbarns.com and www.urbanbarnsfoods.com are registered trademarks and Cubic Farming and Cubic Agriculture are copyright of Urban Barns Foods Inc. All other company and product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.
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