OTC Agriculture Stock Urban Barns Foods (OTCQB: URBF) Closes up over 83% on Friday
Category: Investment, Agriculture
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Visit: Urban Barns Foods
New York, New York - October 22, 2012 (www.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) , trading up at $0.0550, spiking $ 0.0250 or 83.33% at the close of trading Friday, Oct 19 th. The stock traded 585,598 shares and had a day high of $0.065.
The run followed news on Friday when the Company announced the startup strategy to build and operate the first barn situated in the West Island of Montreal, Quebec. Cubic agriculture is a new sustainable agricultural growing practice that can produce commercial volumes in any geographical location and climate.
On Tuesday October 16 th the Company reported a private placement with investors to sell 25,000,000 common Class A Shares for total proceeds of $250,000.00.
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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