LOS ANGELES, April 22, 2014 /PRNewswire/ -- Embarr Downs Inc. (OTCQB: EMBR) announced today that its subsidiary, Embarr Farms, has begun building a facility capable of processing 250,000 to 300,000 pounds of fish per year. The Company will construct the building in 3 phases. Once completed, the building will hold 21 11,000-gallon tanks for a total of approximately 230,000 gallons. This building will be the model for the Company's future farming activities. The Company plans on constructing 3 of these buildings in the next 8-12 months and 10 in the next 18-24 months, which would allow the company to produce up to 3 million pounds of fish per year.
The Company is initially farming Tilapia before expanding its operations to include other types of fish including lobster and tuna. The Company will launch a website to sell its fish; however, the bulk of the Company's fish will be sold to distributors.
About Embarr Downs. The Company operates through its subsidiaries, Embarr Downs of California, Embarr Farms and Fish Water. Embarr Downs of California is engaged in the buying, selling and racing of thoroughbreds. Embarr Farms was established to begin developing farms and aquaculture farms. Hemp Fish Water sells the waste water from the aquaculture ponds as organic and natural liquid fertilizer. More information can be found at www.embarrdowns.com. Additional information can be found at www.embarrdowns.com and on our Facebook page https://www.facebook.com/embarrdowns and Twitter at https://twitter.com/EmbarrDowns.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
SOURCE Embarr Downs Inc.