Global Fiber Technologies, Inc. (OTCQB:GFTX) is a technology company that seeks to create fundamental change in three distinct areas of the fiber industry, driving innovation in the textile fiber industry.
We will accomplish this by utilizing a group of highly proprietary technologies and trade secrets in the both the brick and mortar and digital arenas.
The foundation of the Company are its technology stacks which will begin to turn into significant sales opportunities in 2019 and beyond.
Our opportunities in the fiber industry exist in the three areas of authentication, rejuvenation and facilitation.
Authentication, Rejuvenation and Facilitation
We have successfully run a proof of concept test market. The results of our test market demonstrated the potential to create a new, large market segment for collectible clothing by taking an original event worn garment and turning it into a series of authenticated fan-wear.
We have developed patent pending technology and trade secrets that allow us to offer a truly sustainable solution for corporate uniforms. Our approach allows companies to reduce their carbon footprints by re-purposing their corporate uniforms at the end of their useful life instead of disposing of them by landfill or incineration.
We are in the final stages of completing a block chain based platform that will be the first of its kind for the global, highly efficient and trustworthy purchase and sale of textile fibers on our exchange platform.
Going forward Global Fiber Technologies is committed to becoming the de-facto standard in the industries in which it serves.
We will continue to develop our technology portfolio either internally or through the collaboration or acquisition of technology in order to deliver and preserve maximum shareholder value to our investors in 2019 and into the future.