Reno, Nevada, May 11, 2022 (GLOBE NEWSWIRE) — High Sierra Technologies, Inc. (OTCQB: HSTI) (“HSTI”) at present obtained an Issue Notification from the United States Patent and Trademark Office (the “USPTO”) stating that, on May 24, 2022, the USPTO will problem United States Patent Number 11,338,222 to HSTI because the assignee of Application Number 16/255.157 filed by Vincent Lombardi, one of many founders of HSTI and its present President and Chief Executive Officer. This is the third United States Patent to be issued based mostly on Application Number 16/225.157.
Once United States Patent Number 11,338,222 has been formally issued, HSTI will proceed to actively pursue the advertising and licensing of its patented applied sciences in each the marijuana and hemp market areas in addition to pursuing its personal makes use of of its patented applied sciences in relation to varied finish person merchandise that may profit from its patented applied sciences.
In regards to the issuance of United States Patent Number 11,338,222, Vincent C. Lombardi, President and Chief Executive Officer of HSTI, has acknowledged that “we believe that as a result of the issuance of this Patent it will allow HSTI to be able to more effectively control the marketplace for many types of marijuana and hemp products including low, or no, odor marijuana and hemp products in the United States. This will allow HSTI to start generating licensing revenue from the technologies disclosed in United States Patent Numbers 10,737,198, 10,835,839 and 11,338,222.”
As a part of its ongoing efforts to increase its mental property portfolio, on April 22, 2022, HSTI filed Continuation-in-Part Application Number 17/098,539 which can considerably increase the safety created by the unique United States Patent Application Number 17/098,539 that has resulted within the issuance of United States Patent Number 11,338,222. HSTI expects that this Continuation-in-Part Application will consequence within the issuance of a fourth United States Patent sooner or later.
This press launch comprises forward-looking statements inside the which means of the Private Securities Legislation Reform Act of 1995. The forward-looking statements could embody with out limitation statements concerning HSTI’s estimated revenues, gross margins, working bills, enterprise fashions and enterprise plans. These statements are solely predictions and contain recognized and unknown dangers, uncertainties and different components which will trigger our or our trade’s precise outcomes, ranges of exercise, efficiency or achievements to be materially totally different from any future outcomes, ranges of exercise, efficiency or achievements expressed or implied by these forward-looking statements.
HSTI is an organization specializing within the growth and licensing of patentable expertise to be used within the creation of considerably odorless and tasteless marijuana and hemp merchandise.
HSTI trades beneath OTCQB image “HSTI”.
Our web site could also be considered at www.high-sierra.com.
Investor Relations Contact
Telephone No.: 775.410.4100
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