VENICE, Fla., Apr. 24, 2015 /PRNewswire/ -- Flameret (FLRE:PK) announced today that it is pleased that its products, both from Royal Hemp Corporation and our soon to be released flame retardant product line, can now utilize the Amazon payment portal. For our trading subsidiary, Royal Hemp Corporation (at www.royalhempcorporation.com), this is now fully functional and is easily accessed on the website.
We are also pleased to inform you that our latest quarterly group financial statements (for the six months ending February 28, 2015) have been filed and accepted by OTC.
As referred to in the February financial statements, for the funding we have now completed the due diligence to both parties satisfaction and signed the initial contracts for the funding. The finalization of the funding, which comes as a result of many years work by the Board, should take place in the next quarter. We will issue a further press release as soon as it is completed.
Flameret, Inc. has developed fire retardant products to suit a wide range of applications. These products are to be marketed under the brand names; Flameret,
Flamex, Ultra Flamex and Impex. Flameret products are the subject of patents held in the name of United American Inc.
The Company has also launched a new line of products derived from industrial hemp. These products are marketed under the wholly owned subsidiary of Flameret, Inc, Royal Hemp Corporation.
About Royal Hemp Corporation:
Royal Hemp Corporation is a Colorado corporation, which was created to market and sell hemp-based nutraceuticals, industrial products and consumer goods in the United States and throughout the world. All of the Corporation's products will be legal to sell in all states in the United States and in many countries throughout the world.
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to the Group's development program and any other statements that are not historical facts. Such statements involve risks and uncertainties, including, but not limited to, those risks and uncertainties relating to difficulties or delays in development, testing, regulatory approval, production and marketing of the Group's products, the uncertainty of patent protection for the Group's intellectual property or trade secrets, and the Group's ability to obtain additional financing. Such statements are based on management's current expectations, but actual results may differ materially due to various factors, including those risks and uncertainties mentioned or referred to in this press release.
SOURCE Flameret, Inc.