High Sierra Technologies, Inc. Has Received United States Patent Number 10,737,198
August 12 2020 - 5:00AM
InvestorsHub NewsWire
High Sierra Technologies,
Inc. Has Received United States
Patent Number 10,737,198
Reno, NV
-- August 12, 2020 --
InvestorsHub NewsWire -- On August 11,
2020, High Sierra
Technologies, Inc. (OTC PINK:
HSTI) ("HSTI"),
as the
assignee
of Application Number 16/255.157, CANNABIS PRODUCTS MODIFIED BY
REMOVING VOLATILE ORGANIC COMPOUNDS AND ADDING VOLATILE UNSATURATED
HYDROCARBONS, filed by Vincent C.
Lombardi,
one of the founders of HSTI and its current President and Chief
Executive Officer, was issued United States Patent
Number 10,737,198 by the United States Patent and Trademark Office
(the "USPTO").
Now
that United States Patent
Number 10,737,198 has been formally
issued by the USPTO, HSTI
will proceed to begin actively
marketing and licensing its patented technologies in both the
cannabis and hemp market spaces as well as pursuing its own uses of
its patented technologies in relation to various
end user
products that can benefit from its patented
technologies. In regards to
yesterday's issuance of
United
States Patent Number 10,737,198, Vincent C. Lombardi,
President and Chief Executive Officer of HSTI, has stated
that "we believe
that as a
result of the issuance
of this Patent it
will allow
HSTI to
be able to effectively
control
the
marketplace
for
many
types of cannabis and hemp products including low, or no, odor
cannabis and hemp products in the United States. This will allow
HSTI to start generating licensing revenue from the technology
disclosed in United States Patent Number
10,737,198."
This
press release contains
forward-looking
statements within the meaning of the Private Securities Legislation
Reform Act of 1995. The forward-looking statements may
include without limitation statements regarding HSTI's estimated
revenues, gross margins, operating expenses, business
models and business
plans. These statements are
only predictions and involve known and unknown risks, uncertainties
and other factors that may cause
our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any
future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements.
HSTI is a
company specializing in the development and licensing of patentable
technology for use in the creation of many types of
cannabis and hemp products including low, or no, odor cannabis and
hemp products.
HSTI
trades under OTC symbol "HSTI".
Our
website may be viewed at www.high-sierra.com.
Investor Relations Contact
info@high-sierra.com
Telephone
No.: 775.410.4100
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