One World Products, Inc. (OTCQB: OWPC), which will operate under the new name Isiah Enterprises, Inc. upon completion of the planned name change and FINRA approval, provided an update on its SEC reporting process, manufacturing operations, and ongoing commercialization activities. The advanced materials company, focused on sustainable automotive and industrial compounds, is working closely with its independent registered public accounting firm to complete remaining audit and review procedures. Management believes the remaining items primarily consist of documentation requests, information reconciliation, and standard audit review procedures.
The Company has completed the acquisition and integration of manufacturing operations in Midland, Michigan, and developed the EcoBlend™ family of compounds. The Midland facility includes production, compounding, pelletizing, and laboratory capabilities supporting the development and manufacture of sustainable material solutions for automotive and industrial applications. The EcoBlend™ platform currently includes EcoBlend™ 1130 (Polycarbonate/Acrylonitrile Butadiene Styrene), EcoBlend™ 1140 (Thermoplastic Olefin), and the EcoBlend™ 1150 Series (polypropylene-based compounds, including talc-filled and fiberglass-filled formulations).
The Company is supporting customer qualification activities involving EcoBlend™ formulations for automotive interior, exterior, and structural applications. Isiah Thomas, Chairman and Chief Executive Officer, stated, “Our team has focused on completing our SEC reporting requirements while integrating the Midland manufacturing operations and advancing the EcoBlend™ platform. We believe the foundation established over the past year positions the Company to support customer commercialization efforts, expand manufacturing utilization, and pursue long-term growth opportunities within the automotive and industrial sectors.”
Management remains focused on completing SEC reporting requirements, supporting ongoing customer qualification and commercialization programs, expanding automotive and industrial customer relationships, increasing utilization of the Midland manufacturing facility, and strengthening the Company’s capital structure and operational capabilities. For more information, visit www.oneworldproducts.com.
Forward-looking statements in this press release are subject to risks and uncertainties, including those described under “Risk Factors” in the Company’s SEC filings. The Company undertakes no obligation to update forward-looking statements.
