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Wednesday, June 29, 2022

Forza Innovations Inc (OTCMKTS: FORZ) Major Reversal Off $0.0118 as Co Behind WarmUp Product Line Acquires Sustainable Origins

Forza Innovations Inc (OTCMKTS: FORZ) has seen a significant reversal off $0.0118 in recent trading since filing its 10Q on May 23 showing a fairly healthy balance sheet with $430,000 in the treasury and $1.8 million in liabilities including some convertible stock. FORZ is getting noticed by investors as the Company completes the acquisition of Sustainable Origins, a provider of recycled cooking oil that is currently experiencing rapid growth, roughly doubling business over the past month. The stock has been getting noticed by some heavy hitters in penny stocks as the float of 28,249,961 shares drops below $500k value. 

FORZA is taking its WarmUp product line to market in 3 styles; the J4 Core: The Original. Sleek ergonomic design that you can wear while playing, recovering, or performing daily activities. The J4 Sport: 1 of 1 Dual Zone Patent Pending Heating Tech. Undergoing Class 1 Medical Device Evaluation From FDA, and the J4 X: Fitbelt, an innovative, high intensity, core toning wearable. Powered by a new EMS nano tech unfamiliar to all current products on the market. FitBelt has dual functionality, so the user can choose to target both the abdominal and lower back muscles or just one of the muscle groups. Deion “Prime Time” Luwynn Sanders Sr., a former NFL player who played 14 seasons in the NFL and is currently the head football coach at Jackson State is currently involved with FORZ as a sponsor and appears on their website. 

Forza Innovations Inc (OTCMKTS: FORZ) operating out of San Diego, California is in the health-tech wearable performance business.  The Company is developing proprietary technologies that will give it an edge in competing with its competitors. FORZ is in the process of filing patents to protect its IP. File utility, design, full spectrum patents on the created IP. The Company will also register product as Medical Device so patients with chronic pain can get the product free through insurance. 

The WarmUp series product line is a cutting edge, innovative, wearable back compression device, used to relax, WarmUp, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in temperature of the soft tissues which decreases joint stiffness and relieves inflammation. When combined with the strategic placement of our medical grade support ribs & ergonomic design, WarmUp’s Thermal Therapy is unmatched. Warmup was originally designed to help aid marquee Pro Athletes perform at their best. However, the “WarmUp Series” will be for everyone. Ideal for a chilly day on the links, Ski/Snowboarding, Hunter/Fishers, Outdoor work force, Medical, Military, & everything in between! 

The product line utilizes a low-cost technology that has multi-functional use servicing all kinds of people, ranging from marquee pro athletes. WarmUp is a low cost, yet highly efficient, multi-use heating technology. WarmUp uses next gen, carbon micro fibers combined with powerful, safe rechargeable Lithium Batteries. The cutting-edge, technical, innovative, and wearable back compression devices are used to warmup, loosen, or relax stiff and sore muscles. Our technology is designed to maximize the benefits of strategically applying heat to your target areas of pain, providing fast relief. 

The WarmUp product line currently consists of the following three products: 

J4 Core: The Original. Sleek ergonomic design that you can wear while playing, recovering, or performing daily activities at work, home or on the road. 

J4 Sport: 1 of 1 Dual Zone Patent Pending Heating Tech. Undergoing Class 1 Medical Device Evaluation From FDA. Ideal for patients with Chronic Back Pain Conditions such as Arthritis, Osteoporosis, Fibromyalgia, & Ligament strains. 

J4 X: Fitbelt is an innovative, high intensity, core toning wearable. Powered by a new EMS nano tech unfamiliar to all current products on the market. FitBelt has dual functionality, so the user can choose to target both the abdominal and lower back muscles or just one of the muscle groups. Built-in LED interface with pre-programed settings that targets specific muscle types by adjusting the frequencies, which can all be controlled via Bluetooth through your phone. Whether looking for a tool to boost your fitness and strength or recover from an injury quickly, electric muscle stimulation (EMS) can help you achieve your goal. 

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In March the Company completed the acquisition of Sustainable Origins. This notable acquisition is part of Forza Innovations’ ongoing strategic plan for future revenue and expansion. Sustainable Origins based in Charlotte, North Carolina provides a clean, sustainable, and eco-friendly future through the recycling of used cooking oil collected from restaurants, casinos, sporting arenas and food processing plants. Used Cooking Oil collected is ultimately sold to companies producing Biodiesel, an efficient replacement to dirty fossil fuels for a greener future.  

Forza acquired 100% of the shares of Sustainable in exchange for 600,000 shares of the Company, a cash payment of $17,000 and the payment of certain initial expenses, thereby making Sustainable a wholly-owned subsidiary of the Company. The two former sole shareholders, who were the sole officers and directors of Sustainable, will stay on to lead Sustainable. Alexander Mackenzie Stone will be Sustainable’s President and Aloysius Keith Callaghan will be Sustainable’s Chief Executive Officer. Johnny Forzani, our President, has been elected a director of Sustainable along with Mr. Callaghan. 

Sustainable Origins has recently commenced a digital marketing campaign with LinkedIn targeting restaurant owners, general managers, operation managers and restaurant group chief executive officers. It is also onboarding with the DeAlva Wilson Agency, which connects larger firms to businesses to facilitate vendor diversity.  A platform called supplier gateway will allow this agency to liaison connections to grow our client base.   

Sustainable Origins is also upgrading equipment to install Blue Rover Ai tank sensors in the customers oil storage tanks. These sensors will notify the Company how full each customer tank is so pickups can be scheduled with better precision and eliminate the need for the restaurants to call when the tanks become full. This will give Sustainable Origins a competitive advantage as most of our competitors who are not utilizing this technology. 

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FORZ an SEC reporting Company that just filed its 10Q on May 23 currently has a valuation of just $5 million with 299,651,223 OS, 271,401,262 are restricted leaving a total float of just 28,249,961 valued at $500,000. This low float will not last however as the Company has signed an Equity Purchase Agreement with Mast Hill Fund, L.P. which will result in the resale of as much as 12,189,628 shares. FORZ also has $600k in convertible debt on its balance sheets. Until any of these new shares hits the markets FORZ has a tiny float of just 28.2 million shares, just completed the acquisition of Sustainable Origins, its J4 Sport: 1 of 1 Dual Zone Patent Pending Heating Tech is currently undergoing Class 1 Medical Device Evaluation from the FDA and the Company has Deion “Prime Time” Luwynn Sanders Sr., a 15-year NFL veteran on its roster. We will be updating on FORZ very shortly so make sure you are subscribed to Microcapdaily.

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Disclosure: we hold no position in FORZ either long or short and we have not been compensated for this article.

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