Beyond Oil (OTCMKTS:BEOLF) Stock On Radar After Latest Development
Food-tech innovation company extending the life of frying oil and lowering wastes, Beyond Oil (OTCMKTS:BEOLF), announced successfully completing a significant milestone of its initial purchase order from Fandango Collection & Recycling Ltd. The order entailed the delivery of 16 tons of high-quality products to Fandango’s facilities in Israel.
Trading Data
On Wednesday, BEOLF stock fell 2.56% to $0.4872 with 1K shares, compared to its average volume 2.76K shares. The stock moved within a range of $0.4872 – 0.4872 after opening trade at $0.4872.
Beyond Oil Delivers 16 Tons of Product to Fandango Collection & Recycling Ltd. Marking Largest Commercial Shipment to Date
The shipment will be serving a number of purposes, including customer demonstrations and the introduction of its product to customers across the country. The achievement strengthens the partnership between the two companies and expands Beyond Oil’s market presence in Israel.
Jonathan Or, CEO and Co-Founder of Beyond Oil said that completion of the purchase order is a significant milestone for its partnership with Fandango and is looking forward to enhancing the market presence. Or added that the company is pleased on customers continue to validate the product as it leads to cost savings for restaurants and alsohealthier food for customers. The CEO added that the company has a dedicated team and looks to expand into North America and beyond.
Shai Medioni, CEO of Fandango expressed delight in offering customers an exceptional product, enabling them to assess benefits. Medioni added that the delivery empowers them to expand products within customers in Israel.
