CHICAGO, March 28, 2019 /PRNewswire/ — United American Healthcare Corporation (OTC: UAHC), an emerging technology holding company, today announced its wholly-owned subsidiary American Sustainable Rubber Company, LLC (“ASR”), garnered media coverage in Fast Company Magazine.
“It is an honor for American Sustainable Rubber and Dr. Katrina Cornish, our scientific advisor, to be featured in such a prominent media outlet,” said Timothy J. Madden, President of ASR. “Our company is dedicated to commercializing the TK Dandelion as a domestic source of natural rubber to help address the issue of America’s reliance on foreign imports. It is exciting for our company’s vision to be seen.”
In an article titled, Indoor Farms Full of Dandelions Could Be our Future Source of Rubber, published on March 22, 2019 by Fast Company Magazine, American Sustainable Rubber scientific advisor, Dr. Katrina Cornish, explains in depth that genetically modified dandelions could be grown in hydroponic farms to harvest latex from the plant’s root, which could supply rubber for tires, shoes, flooring, and thousands of other products that currently source rubber from Southeast Asian forests.
In the article, Dr. Cornish explains, “Demand for rubber is constantly increasing.” She goes on to define what a world without rubber would mean and the economic consequences that would occur if that were the case. Currently, the demand for rubber in tires has driven deforestation in Southeast Asian forests. “We must not continue to rely on a clonal tree that is disease sensitive. If the disease were to spread in Southeast Asia, the rubber plantations could be wiped out within a year,” says Dr. Cornish.
For more information on the new, wholly-owned subsidiary, please visit AmericanRubber.com. Additionally, interested parties can subscribe for updates and more information.
About American Sustainable Rubber Company, LLC
American Sustainable Rubber Company, LLC is an indoor agriculture firm pursuing proprietary technology to sustainably produce natural rubber in the United States at a commercial scale from the genetically modified TK dandelion plant.
About United American Healthcare Corporation
United American Healthcare Corporation (“UAHC”), through its subsidiary UAHC Ventures, LLC, pursues strategic investment opportunities in various emerging growth industries. UAHC subsidiary Pulse Systems, LLC, is a contract manufacturing company that provides services to the medical device industry and American Sustainable Rubber Company, LLC (“ASR”), is an indoor agriculture technology company focused on creating a domestic solution to natural rubber production.
Forward Looking Statement:
This press release contains forward-looking statements related to, among other things, the anticipated future importance in the marketplace of genetically modified dandelions as an alternative source for rubber and the likelihood of its commercial success. Although the Company believes that it has a reasonable basis for forward-looking statements contained herein, they are based on current expectations about future events affecting the Company and are subject to risks, uncertainties and factors relating to its operations and business environment, all of which are difficult to predict and many of which are beyond its control. These risk factors include those risks detailed in the Company’s filings with OTC Markets Group Inc. These risks may cause actual results to differ materially from those expressed or implied by forward-looking statements in this press release. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to update, amend or clarify these forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities law.
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SOURCE American Sustainable Rubber Company, LLC