Boon Moves Forward with Distribution Contracts $52M Annual Revenue Potential
SACRAMENTO, CA, Jan. 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — BOON Industries (OTC PINK:BNOW) (“BOON” or the “Company”), announces contract negotiations worth $52M per year in revenue.
Justin Gonzalez, Chairman and CEO, stated, “Since the Phase II completion of construction of our production facility in Grass Valley, California, we have several distribution contracts under negotiation. One of these contracts includes the opportunity to distribute 2500-5000 gallons of DiOx+ per day into the sanitation and disinfection of mission critical transportation facilities, logistics warehousing and military infrastructure. The revenue to Boon is approximately $200,000 per day, or $52M per year.”
Mr. Gonzalez further stated, “Boon is a bioscience company whose focus is delivering chemical alternatives for today’s increased needs for disinfection, without environmental and personal toxic exposure. DiOx+ expands use applications for chlorine dioxide to new industries. One of the more important applications for this product includes disinfection of air and surfaces in commercial facilities. Unsafe sanitation is one of the world’s largest health and environmental problems with an estimated 775,000 people, annually, who have died prematurely as a result of poor sanitation, this equates to 1.4% of global deaths. The introduction of DiOx+ to the sanitizing markets follows 10+ years of chlorine dioxide usage in global markets driven by Boon. DiOx+ is the most effective and affordable disinfectant sterilizer solution without sacrificing health and safety.”
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