• Powered by Crown Equity Holdings Inc.
      • crown-logo

        Crown Equity Holdings Inc. is publicly traded with the symbol CRWE. The Company primarily provides and offers advertising, branding, marketing solutions and services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. For list of services offered click here

Post on CRWE World Login
logo Fairfield, UNITED STATES
header-img
  • Home
  • News
  • World
      • World News
      • Español
  • Politics
      • U.S. Legislators
      • Political News
  • Sports
  • Business
      • Markets
      • Hottest Stocks Today
      • CRWEWorld Stocks
      • Blockchain
      • Regulatory
      • Accounting
      • Fundraising Campaigns
      • IPOs
      • Money
      • Career
  • Tech
      • Tech
      • Science
  • Living
      • Arts & Entertainment
      • Family
      • Food
      • Pets
      • Seniors
      • Fashion/Fitness
      • Home & Garden
  • Health
      • Health
      • Pharma & Biotech
  • Opinion
      • Finance
      • Law
      • Healthcare
      • Cannabidiol (CBD)
      • Fashion
      • Podcasts
      • Tech
      • Music
  • Travel
  • Local
      • News
      • Trending Now
      • Real Estate
      • Coupons & Deals
      • Business Directory
  • Jobs
  • More
      • Business 2 Business
      • Press Releases
      • Press Releases Pricing
      • News from GlobeNewswire
      • News from PR Newswire
      • News from Business Wire
      • News from Accesswire
      • Video Channels
      • Beauty
      • Business
      • Comedy
      • Entertainment
      • Fashion
      • Featured
      • Health
      • Instructional
      • News
      • Politics
      • Sports
      • Technology
      • Entertainment
      • Horoscope
      • Sudoku
      • Crossword
      • Games
      • Chat
      • Affiliate | How It Works
      • Join CRWE WORLD Affiliate Program
      • CRWE WORLD Advertising Services Rate
      • Crown Equity Holdings' Overview
      • CRWEWorld Real-Time Global Visitors
      • Content Delivery Solution
        • Contact Us
  • More

Change City


-- OR --
load
load
/assets/img/hottest3.png
/assets/img/hottest2.png

/assets/img/reef2.png
/assets/img/red-line.jpg
/assets/img/reef.png
  • Home
  • Articles
  • News Provided by GlobeNewswire
21ьз╕ Cweather-icon
/assets/img/hottest3.png
/assets/img/hottest2.png

/assets/img/reef2.png
/assets/img/red-line.jpg
/assets/img/reef.png

FREE FLOW, Inc (FFLO) Unveils its Business Plan, Signed Agreement on Facility & Received LOI on $1,046,000 Funding

News Provided by GlobeNewswire2018-06-21
4 Views

HERNDON, Va., June 21, 2018 (GLOBE NEWSWIRE) -- Free Flow, Inc. (OTCPINK:FFLO) announces that its wholly-owned subsidiary, Accurate Auto Parts, Inc. (“AAP”), signed a Commercial Purchase Agreement (the “Agreement”) with CCC Real Estate Holdings, LLC. The Agreement calls for the purchase of 19.39 acres of land, with all improvements thereon, located in the City/County of King George, Virginia, addressed as 6269 Caledon Road, King George, VA-22485 (the “Property”) for a total purchase price of $700,000.00.  AAP had leased the Property for 26 years.  Purchasing the Property allows FFLO to move forward with its expansion plan, now owning the property instead of just leasing it.

Funding for the purchase will be in the form of a commercial bank loan. AAP has been pre-qualified by Evolve Bank & Trust to borrow $1,046,000. The proposed loan will be for a term of 25 years and will accrue interest at an annual rate of WSJP + 2.25%. The remaining funds will be used to build inventory and improvements.  

The Property is currently zoned as a recycling facility. FFLO’s expansion plan includes the construction of a warehouse on the Property so that the Company can grow its auto parts business. FFLO retained an architect to design the warehouse.

In addition, FFLO has conducted a feasibility study to set up a plant to extract crude oil from shredded tires and refine it at the property. A new subsidiary will be formed for this operation.

FFLO has incorporated another subsidiary named Citi Autos, Corp. (“Citi Autos”) and will apply for a used auto dealer license to sell used autos. Citi Autos plans to re-furbish automobiles primarily for export at this property.

FFLO expects $18 million in total revenues with pre-tax net profits of $7,000,000 by the year 2022.  The following table depicts our year-by-year projected income from 2018 through 2022.

Free Flow, Inc. and subsidiaries           
Projected Income Statement 
 
 2018 2019 2020 2021 2022 Total
Revenues:           
Total Revenues$340,000 $3,316,722 $3,699,259 $5,128,956 $6,507,633 $18,992,571
Cost of Goods Sold                 
Total Cost of Goods Sold$66,000 $1,161,959 $1,272,703 $1,535,507 $1,798,311 $5,834,479
Gross Profit on Sales           
Total Gross Profit on Sales$274,000 $2,154,763 $2,426,557 $3,593,449 $4,709,322 $13,158,092
Operating Expenses - G & A                 
Total Operating Expenses - G & A$159,000 $1,107,733 $1,127,770 $1,594,229 $2,066,208 $6,054,939
Net Profits before Income Tax                 
Total Net Profits before Income Tax$115,000 $1,047,031 $1,298,787 $1,999,220 $2,643,115 $7,103,152
 

Disclaimer

For further details, visit website at www.FreeFlowPLC.com.

For further information about this release, contact Mr. Sabir Saleem, Free Flow, Inc. 703-789-3344, www.FreeFlowPLC.com.

ABOUT FREE FLOW, INC.

Free Flow, Inc. (FLLO) is a Delaware company that creates and acquires operating subsidiaries with the goal of manufacturing and selling products and services. Through its current subsidiaries, Accurate Auto Parts, Inc. [formerly, JK Sales Corp.], Motor & Metals, Inc., and Citi Autos, Corp. the Company provides OEM recycled auto parts and supplies from a warehousing and shipping facility on its 19+ acre facility in King George, Virginia, USA. Every year approximately 11,000,0000 cars are scrapped and end up in salvage yards for reprocessing. FFLO is committed to providing the sales of recycled auto parts and supplies, helping to reduce the carbon footprint resulting from the production of new parts and steel products.

Safe Harbor Statement: 

This press release may include predictions, estimates, opinions or statements that might be considered "forward-looking" under the provisions of the Private Securities Litigation Reform Act of 1995. Such statements generally can be identified by phrases such as the Company or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," or other, similar words or phrases.

Contact:
Sabir Saleem,
Free Flow, Inc
703-789-3344

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a1027777-aecd-4df4-beff-96be4c6e72d9



© 2018 GlobeNewswire, Inc. All Rights Reserved.

Read More..
The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.


FDA Approves Aurinia Pharmaceuticals' (Nasdaq: AUPH / TSX: AUP) LUPKYNIS (voclosporin) for Adult Patients with Active Lupus Nephritis





/assets/img/cw-stocks.png

/assets/img/wysh-jewels.png

/assets/img/hjli.png

/assets/img/Mars-Parachute-2.png

/assets/img/crweworld-podcast.jpg
Sponsored
Also read
Medical Exoskeleton Market Worth $571.6 million - Global Industry Leaders & Growth Dynamics Adopted
Viral Clearance Market Worth $724.5 millio - Increasing Number of Drug Launches
Ureteroscopy Market Worth $1,054.1 million - Global Industry Leaders & Growth Divers Adopted
Compound Management Market : Growth of the Biotechnology and pharmaceutical Industry
Urgent Care Apps Market Growing at a CAGR of 41.3% - Global Industry Leaders & Growth Strategies Adopted by Them
Genotyping Assay Market : Increasing Incidence of Genetic Diseases and Rising Awareness on Personalized Medicine
Filter Integrity Test Market : Rising Opportunities in Emerging Markets
Microcatheters Market : Increasing Number of Microcatheter-Assisted Clinical Research Studies


Post on CRWE WorldSign Up for Free E-mail Updates
  • Real Estate Eagle Firm, Real Estate
Signup for free email updates
/assets/img/wall-street-rect2.png
/assets/img/wall-street-sq.png



Join with us
Live Traffic Feed
About CrweWorld
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Finance Disclaimer
  • Jobs
Subscribe for newsletter
3+2
Contact Info
  • contact@crweworld.com

  • P: (702) 683-8946

  • P: (702) 810-0178

  • 11226 Pentland Downs St, Las Vegas, NV 89141

Tweets by CrweWorld
Tweets by @CrweWorld
  • © 2021 crweworld.com
ad1

/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

ad2

/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

ad3

/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

ad4

/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

ad5

/assets/images/ad/ad4.png

 

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

Advertisements

/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

/assets/images/ad/ad4.png

 

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

CRWE WORLD Advertising Services RateJoin CRWE WORLD Affiliate Program