FORT LAUDERDALE, FL / ACCESSWIRE / May 24, 2021 / Shreya Arora, Freelance Journalist, India

DNA Brands Inc. (OTC:DNAX) is pleased to update that through its wholly owned subsidiary The Solar Elite, the company has actively begun bidding commercial contracts in its home state of Florida.

Management is working towards expanding its energy efficiency model by educating property owners about the environmental and fiscal (Federal Tax Credit) benefits of Solar energy and Green technologies. In its first phase, the company is targeting large scale commercial properties owners and established hotel chains, in South Florida and Nationwide. It has already begun high level discussions with several multichain hotel owners, which would represent millions in potential revenue.

In addition, the company has also initiated philanthropic efforts by striking a partnership between The Solar Elite and Givepower.org. Givepower, a 501(c)(3) nonprofit corporation, is a leader in creating sustainable energy water desalination installations in Third World countries.

This benevolent partnership will allow The Solar Elite and its customers to contribute towards providing relief for a number of issues plaguing the world, Clean Water Consumption, being its top priority. The company has pledged that for every customer whom they install a photovoltaic set-up; portions of the proceeds will be donated towards building a solar water desalination system. This will eventually be installed in impoverished areas across the globe. Through this process, alongside its business expansion, The Solar Elite is looking to lead the green technology market with a focus on Corporate Social Responsibility.

The Solar Elite has subsequently started showcasing its energy efficiency model to commercial property owners and will highlight the financial and environmental benefits of this renewable source of energy. In this process they will also educate their customers about large sums of savings which each business owner would receive by opting for this mode of green technology.

In its efforts to acquire the newest technologies into its portfolio, The Solar Elite has also formed partnerships with Aptos Technology, to procure their enhanced Bifacial panels (solar cells on both sides) and Storz Power, for a better facility for deployment of battery systems.

Speaking about this new business model being a pinnacle in the energy industry, Adrian McKenzie-Patasar, CEO of DNA Brands said, "With this latest initiative, we are not only bringing hope to many underprivileged parts of the world, with clean drinking water, but also showcasing our ability to diversify alternative energy practices, focusing on the commercial aspect of the industry."

Through this new vertical of the Solar Elite, the company aims at supporting the lives of tens and thousands of people in search for a better and more progressive lifestyle. Andrew Ferrin, CEO of the Solar Elite says , "There is a lot of potential for businesses and property owners to reduce their energy costs by understanding the benefits of our energy efficiency analysis and opting for solar technology over the traditional mediums. In addition to benefiting the commercial world, we are also creating a philanthropic platform with GivePower.org, which will allow the effects of this alternative source of energy to be trickled down worldwide. We are excited and honored to be a leader in this green energy movement"

About DNA Brands Inc.

DNA Brands is a Holding company focused on emerging markets.

Since March 2020, the company has engaged in Solar Digital Marketing and Sales. In January 2021, the company Acquired majority ownership of DNA Tags™, a Blockchain verified Medicinal Packaging Technology, that will be actively marketed in various medicinal sectors.

CONTACT:
Adrian M Patasar
(561) 654-5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.thesolarelite.com

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact included in this presentation are forward-looking statements. These statements relate to analyses and other information, which are based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to our future prospects, developments, and business strategies. These forward-looking statements may be identified by the use of terms and phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "will" and similar terms and phrases, including references to assumptions. However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions, and expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions, or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected or may prove unachievable.

The Company's business and prospects must be considered in light of the risks, expenses, and difficulties frequently encountered by companies working with new and rapidly evolving technologies such as blockchain. These risks include, but are not limited to, an inability to create a viable product and risks related to the issuance of tokens. Furthermore, the Company's business contemplates participation in a highly regulated space of consumer finance and associated customer data and therefore may face regulatory and execution challenges, particularly in light of the novelty of the concept. The Company cannot assure you that it will succeed in addressing these risks, and our failure to do so could have a material adverse effect on our business, financial condition, results of operations, and prospects. There can be no assurance as to whether or when (if ever) the Company will achieve profitability or liquidity. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as otherwise.

SOURCE: DNA Brands Inc.

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