BlueFire Equipment, Corp. (BLFR), Enters into a Managing

Homestead, FL., Oct. 11, 2022 (GLOBE NEWSWIRE) — BlueFire Equipment, Corp. (OTC: BLFR) (“BLFR” or “the Company”), a company specializing in emerging industries acquisitions with an emphasis in the business of agriculture, enters into a profit sharing Joint-Venture (“JV”) with Gulfstream Tomato Packers, Ltd. (“the Partner”), utilizing its sister Company Hialeah Tomatoes and Fresh Produce, Inc. shortly after acquiring Miracle Life Farm, LLC. on September 15, 2022.

The joint-venture allows the company to utilize its partner’s 55,600 sq. ft. facility, equipment, employees, trucks, and certifications. Located in Homestead, Fl in the heart of local farmers and minutes aways from Miracle Life Farm, LLC.’s farm. The facility is composed of loading docks, refrigeration units, ripening rooms, storage, manufacturing, packaging and office space. The aforementioned certifications include but are not limited to Florida Department of Health, USDA, FDA, Primus GFS, HACCP, and USDA Organic. Currently facilitating accounts such as Associated Grocers of Florida, United Natural Foods, Sysco, Sedanos and Supervlu to name a few, the Company looks to strengthen the Partner’s current relationships while opening new accounts and expanding internationally through its network.

The Company and the Partner will operate under the Company’s new wholly owned subsidiary, Tropiky, Corp. focused on wholesaling, manufacturing, packing, storage and distributing agriculture goods. The Company will receive a 50/50 Net Profit split (monies made after COGs and operational expense) generated through Tropiky, Corp. in a monthly basis through generated reports following GAAP guidelines.

The Partner at its prime generated over $18,000,000 in revenue a year with 30% in net profit. Both the Company and Partner feel confident that they’ll exceed its prime generated revenue and increase net profit with its newly formed JV.

Nickolas S. Tabraue, BLFR’s CEO, interim CFO &…