# EDGAR Filing Document

**Accession Number:** 0001560905
**File Stem:** 0001548123-23-000043
**Filing Date:** 2023-3
**Character Count:** 24587
**Document Hash:** 6da5dddb2a7ac2e0b256fee1ce73b03b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001548123-23-000043.hdr.sgml**: 20230322

**ACCESSION NUMBER**: 0001548123-23-000043

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230320

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230322

**DATE AS OF CHANGE**: 20230322

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TORtec Group Corp
- **CENTRAL INDEX KEY:** 0001560905
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-ENGINEERING SERVICES [8711]
- **IRS NUMBER:** 455593622
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-55150
- **FILM NUMBER:** 23752693

**BUSINESS ADDRESS:**
- **STREET 1:** 30 N. GOULD ST. SUITE 2489
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801
- **BUSINESS PHONE:** 307-248-9177

**MAIL ADDRESS:**
- **STREET 1:** 30 N. GOULD ST. SUITE 2489
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Geo Point Resources, Inc.
- **DATE OF NAME CHANGE:** 20121023

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D. C. 20549**

FORM 8-K

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported) March 20, 2023

**___________TORTEC GROUP CORPORATION___________**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Nevada** | **000-55150** | **45-5593622** |
| (State or other jurisdiction of<br> incorporation or organization) | (Commission<br> File Number) | (I.R.S. Employer<br> Identification Number) |

---

---

| | |
|:---|:---|
| **30 N. Gould Street** **, Ste 2489, Sheridan Wyoming** | **82801** |
| (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **(307) 248-9177**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter or Rule 12b-2 of the Securities and Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

**Forward-Looking Statements**

This Current Report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this Current Report. These factors include, among others, economic conditions generally in the United States and internationally, and in the industry and markets in which we have and may participate in the future, competition within our chosen industry or industries, our current and intended business, our assets and plans, the effect of applicable United States and foreign laws, rules and regulations on our business and the possibility we may fail to successfully develop, compete in and finance our current and intended business operations.

You should read any other cautionary statements made in this Current Report as being applicable to all related forward-looking statements wherever they appear in this Current Report. We cannot assure you that the forward-looking statements in this Current Report will prove to be accurate, and therefore, prospective investors are encouraged not to place undue reliance on forward-looking statements. You should read this Current Report completely, and it should be considered in light of all other information contained in the reports or registration statement that we file with the Securities and Exchange Commission (the "SEC"), including all risk factors outlined therein. Other than as required by law, we undertake no obligation to update or revise these forward-looking statements, even though our situation may change in the future.

**Section 1 – Registrant's Business and Operations**

**Item 1.01 Entry into a Material Definitive Agreement**

On March 20, 2023, the Company entered into a Share Exchange Agreement with Mid-Cal Ag Aviation Inc. ("Mid-Cal"), a California corporation, and the shareholders of Mid-Cal pursuant to which the Company has agreed to acquire 100% ownership of the outstanding shares of Mid-Cal stock in exchange for issuing a total of 1,000,000 shares of the Company's common stock to be issued to the shareholders of Mid-Cal. Kevin Morton and Bernadette Morton are the officers and shareholders of Mid-Cal. The Share Exchange Agreement is subject to certain terms and conditions, including the transfer of all intangible property including without limitation all trademarks, service marks, brand names, logos, customer lists and contracts owned by the Seller. The Company retains the right to buy back the 1,000,000 shares at $1.00 per share, within 12 months following execution of this Agreement, upon which Kevin and Bernadette Morton will transfer of furniture, tools, machinery and equipment to the Company. The Share Exchange Agreement also provides that the Company will retain Kevin Morton as president and manager and that he will remain in said positions for at least 24 months as a condition to the Closing of the proposed acquisition.

A copy of the Share Exchange Agreement (without Annexes) is attached to this Current Report as Exhibit 10.1.

**Section 9 – Financial Statements and Exhibits**

**Item 9.01 Financial Statements and Exhibits**

**(d) Exhibits**

<u>Exhibit Number</u> <u>Exhibit Description</u> <br> [10.1](ex10-1shareexchangeagreement.htm) Share Exchange Agreement between the TORtec Group Corporation, Mid-Cal Ag Aviation Inc., and the Shareholders of Mid-Cal Ag Aviation Inc., dated March 20, 2023. <br>

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **TORTEC GROUP CORPORATION** | **TORTEC GROUP CORPORATION** |
| Dated: March 22, 2023 | By: | */s/ Stephen H. Smoot* |
|  | Name: | Stephen H. Smoot |
|  | Title: | President and CEO |

---

## Ex-10

EX-10.1 SHARE EXCHANGE AGREEMENT

**EXCHANGE OF SHARES AGREEMENT**

**THIS EXCHANGE OF SHARES AGREEMENT** (the "Agreement") made and entered into this 20<sup>th</sup> day of March, 2023 (the "Execution Date"),

**BETWEEN:**

**<u>Mid-Cal Ag Aviation Inc</u>**

<u>of 853 South Sonoma Avenue, Kerman, CA 93630</u>

(the "Seller")

and

**<u>TORtec Group Corporation</u>**

<u>of 30 N. Gould St., Suite 2489, Sheridan, WY 82801</u>

(the "Purchaser")

**PREAMBLE**

&nbsp;&nbsp;&nbsp;&nbsp;A. **WHEREAS** the authorized share capital of the Seller consists of 100,000 ordinary no par value
common shares of which the issued share capital is 100,000 common shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. **WHEREAS** the Seller desires to sell the 100% of its shares and its entire ownership to the Purchaser,
and the Purchaser desires to purchase the Seller's shares and its entire ownership from the Seller.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. **WHEREAS** the Seller warrants that all its shareholders have agreed to the sale of all such issued
shares.

**IN CONSIDERATION OF** and as a condition of the parties entering into this Share Exchange Agreement and other valuable consideration, the receipt and sufficiency of which consideration is acknowledged, the parties to this Share Exchange Agreement agree as follows:

**<u>Terms of Purchase and Sale</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Seller agrees on date of signature hereof, to sell and the Purchaser agrees to purchase all the
rights, title and interest in the Shares and intangible property including without limitation all trademarks, service marks, brand names,
logos, customer lists and contracts owned by the Seller as cited above as <u>Mid-Cal Ag Aviation Inc., ("Mid-Cal")</u> for
and in consideration of 1,000,000 (one million) shares of TORtec Group Corporation Common Stock shares (the Shares). Seller shall retain
ownership of tangible and personal property associated with Mid-Cal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Shares shall be issued equally between the owners of Mid-Cal: Kevin J. Morton 500,000 Shares, Bernadette
Morton 500,000 Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Purchaser shall have the right to buy back the 1,000,000 shares at $1.00 per share, within 12 months
following execution of this Agreement. Upon redemption of the shares, Seller shall transfer ownership of all tangible supplies and equipment
associated with Mid-Cal. If Purchaser fails to redeem all the shares within said 12 months, Seller shall retain all the unredeemed shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Seller's president, Kevin J. Morton, will continue as president and manager of all aspects of
day-to-day operations of Mid-Cal and shall work with Purchaser to execute Purchaser's business plan attached hereto as Addendum
A, for at least 24 months following execution of this Agreement. All banking within Mid-Cal will be managed by Kevin and his current management
team.

**<u>Representations and Warranties of the Seller</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The Seller warrants as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The Seller will not be recognized as an issuer, insider, affiliate, or associate of the Purchaser as
defined or recognized under applicable securities laws and regulations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The Seller is the owner in clear title of the Mid-Cal shares and the shares are free of any lien, encumbrance,
security interests, charges, mortgages, pledges, or adverse claim or other restriction that will prevent the transfer of clear title to
the Purchaser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. The Seller is not bound by any agreement that will prevent any transactions connected with this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. There is no legal action or suit pending against any party, to the knowledge of the Seller that will
materially affect this Agreement.

**<u>Representations and Warranties of the Purchaser</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. The Purchaser warrants and represents to the Seller as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The Purchaser will not be recognized as an issuer, insider, affiliate, or associate of Mid-Cal as defined
or recognized under applicable securities laws and regulations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The Purchaser is not bound by any agreement that will prevent any transactions connected with this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. There is no legal action or suit pending against any party, to the knowledge of the Purchaser that will
materially affect this Agreement.

**<u>Expenses</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. All parties agree to pay all their own costs and expenses in connection with this Agreement. Purchaser
will pay for the initial audits of Mid-Cal.

**<u>Finder's Fees</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. No party to this Agreement will pay any type of finder's fee to any other party to this Agreement or
to any other individual in connection to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. All parties to this Agreement warrant and represent that no investment banker or broker or other intermediary
has facilitated the transaction contemplated by this Agreement and is entitled to a fee or commission in connection with said transaction.
All parties to this Agreement indemnify and hold harmless all other parties to this Agreement in connection with any claims for brokerage
fees or other commissions that may be made by any party pertaining to this Agreement.

**<u>Governing Law</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. The Purchaser and the Seller submit to the jurisdiction of the courts of Wyoming for the enforcement
of this Agreement or any arbitration award or decision arising from this Agreement.

**<u>Indemnification</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. Indemnification by Purchaser:

Purchaser hereby agrees to indemnify and defend the Seller and its officers, directors, stockholders, employees, agents, representatives, affiliates, successors and assigns ("**Indemnified Parties**") and

hold each of them harmless from and against and pay on behalf of or reimburse such party in respect of any damage, liability, demand, claim, action, cause of action, cost, damage, diminution in value, deficiency, tax, penalty, fine or other loss or expense, whether or not arising out of a third party claim, including all interest, penalties, reasonable attorneys' fees and expenses and all amounts paid or incurred in connection with any action, demand, proceeding, investigation or claim by any third party (including any governmental entity or any department, agency or political subdivision thereof) ("**Damages**") against or affecting such Indemnified Party or which, if determined adversely to such Indemnified Party, will give rise to, evidence the existence of, or relate to, any other Damages and the investigation, defense or settlement of any of the foregoing Damages which such Indemnified Party may suffer, sustain or become subject to, as a result of or relating to the transaction contemplated by this Agreement and the operation of the Business after the Final payment Date, which Damage is substantially caused by the Indemnifying Party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. Indemnification by Seller:

Seller hereby agrees to indemnify and defend the Purchaser and its officers, directors, stockholders, employees, agents, representatives, affiliates, successors and assigns ("**Indemnified Parties**") and hold each of them harmless from and against and pay on behalf of or reimburse such party in respect of any damage, liability, demand, claim, action, cause of action, cost, damage, diminution in value, deficiency, tax, penalty, fine or other loss or expense, whether or not arising out of a third party claim, including all interest, penalties, reasonable attorneys' fees and expenses and all amounts paid or incurred in connection with any action, demand, proceeding, investigation or claim by any third party (including any governmental entity or any department, agency or political subdivision thereof) ("**Damages**") against or affecting such Indemnified Party or which, if determined adversely to such Indemnified Party, will give rise to, evidence the existence of, or relate to, any other Damages and the investigation, defense or settlement of any of the foregoing Damages which such Indemnified Party may suffer, sustain or become subject to, as a result of or relating to the transaction contemplated by this Agreement and the operation of the Business after the Final payment Date, which Damage is substantially caused by the Indemnifying Party.

**<u>Additional Clauses</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. Any damages incurred due to a failure to raise capital, market failures, world epidemics, or natural
disasters will be limited to Purchaser and the cost of audits, business plans and other costs that have already been paid by Purchaser.

**<u>Miscellaneous</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. The Seller and the Purchaser agree that time is of the essence in this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. This Agreement may be executed in counterparts. Facsimile or email signatures are binding and
are considered to be original signatures.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. All warranties and representations of the Seller and the Purchaser connected with this Agreement will
survive the Final payment date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17. This Agreement will not be assigned either in whole or in part by any party to this Agreement without
the written consent of the other party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18. Headings are inserted for the convenience of the parties only and are not to be considered when interpreting
this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine gender include the feminine gender
and vice versa. Words in the neuter gender include the masculine gender and the feminine gender and vice versa.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19. If any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction
to be invalid, void or unenforceable, it is the parties' intent that such provision be reduced in scope by the court only to the extent
deemed necessary by that court to render the provision reasonable and enforceable and the remainder of the provisions of this Agreement
will in no way be affected, impaired or invalidated as a result.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20. This Agreement contains the entire agreement between the parties. All negotiations and understandings
have been included in this Agreement. Statements or representations, which may have been made by any party to this Agreement in the negotiation
stages of this Agreement, may in some way be inconsistent with this final written Agreement. All such statements are declared to be of
no value in this Agreement. Only the written terms of this Agreement will bind the parties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21. This Agreement and the terms and conditions contained in this Agreement apply to and are binding upon
the Seller and the Purchaser and their respective successors, assigns, executors, administrators, beneficiaries, and representatives.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22. Any notices or delivery required here will be deemed completed when hand-delivered, delivered by agent,
or seven (7) days after being placed in the post, postage prepaid, to the parties at the addresses contained in this Agreement, or via
email with confirmation of receipt, or as the parties may later designate in writing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23. All rights, remedies and benefits provided by this Agreement will be cumulative and will not be exclusive
of any other such rights, remedies and benefits allowed by law.

**IN WITNESS WHEREOF** the Seller and Purchaser have duly affixed their signatures under hand and seal on this 20th day of March 2023.

For and Behalf of:

---

| |
|:---|
| **Mid-Cal Ag Aviation Ltd. (Seller)** |
| <u>/s/ Kevin J. Morton</u>______________ |
| Kevin J. Morton, President |

---

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| |
|:---|
| For and Behalf of:<br> **TORtec Group Corporation (Purchaser)** |
| <u>/s/</u> <u>Stephen H. Smoot</u>___________<br> Stephen H. Smoot, President/CEO |

---

**ADDENDUM "A"**

**Business plan**

**Executive Summary**

**Mid-Cal Ag Aviation, Inc.**

**Executive Summary:**

Mid-Cal Ag Aviation, Inc. is an aerial application business that aims to reduce or replace the use of prevalent commercial fertilizers with a proprietary all-natural replacement, resulting in the dramatic reduction of chemical pollution and promoting sustainable agriculture. Our business plan outlines a strategy to capture 25% of the $35 billion Aerial application industry globally. Our proprietary all-natural replacement will provide an effective, eco-friendly alternative to conventional fertilizers that can improve soil health and crop yields.

**Market Analysis:**

The global fertilizer market is valued at $200 billion, with the largest market share held by nitrogen-based fertilizers. The market is expected to grow at a CAGR of 2.5% from 2021 to 2028. The demand for all natural fertilizers is growing due to increased awareness about the environmental impact of conventional fertilizers. The Aerial application industry is valued at $35 billion, with North America being the largest market for Aerial application services. The market is expected to grow at a CAGR of 3.8% from 2021 to 2028.

**Product Description:**

Mid-Cal Ag Aviation, Inc. will use a proprietary all-natural replacement to fertilizers in the Aerial application process. Our all-natural replacement is made from natural materials and has been shown to improve soil health and crop yields while reducing chemical pollution. Our product is easy to use and can be applied through standard Aerial application equipment.

**Marketing and Sales Strategy:**

Our marketing strategy will focus on educating farmers about the benefits of our all-natural replacement and how it can improve their crop yields while promoting sustainable agriculture. We will attend trade shows and conferences to reach out to potential customers, and also partner with agricultural organizations to promote our product. Our sales strategy will involve direct sales to farmers, as well as partnerships with Aerial application companies to offer our product as an add-on service.

**Management Team:**

Mid-Cal Ag Aviation, Inc. will be led by Kevin Morton and a team of experienced professionals in the agriculture and aviation industries. Our team has a combined experience of over 50 years in Aerial application and agriculture, and we have extensive knowledge of the market and industry trends.

**Financial Projections:**

Our financial projections indicate that we will require an initial investment of $5 million to launch our product and capture 25% of the Aerial application market. We anticipate generating revenue of $50 million in the first year, increasing to $100 million by the third year. Our gross profit margin is estimated at 30%, with an operating profit margin of 15%.

**Conclusion:**

Mid-Cal Ag Aviation, Inc. is poised to disrupt the Aerial application and fertilizer markets with our proprietary all-natural replacement. We have a highly experienced management team, a unique and eco-friendly product, and a sound marketing and sales strategy. We are confident that our business plan will lead to a successful launch and profitable growth in the years to come.