Salt Lake City, UT (PRWEB) July 6, 2010
Refill Energy, Inc. "The Company" (Pink Sheets: REFG), headquartered in Salt Lake City, UT, today announced that it is completing its audited financial statements to accompany its Form 10 registration. Larry O'Donnell CPA, PC will be auditing the June 30 quarter end to complete the requirements to become a fully reporting bulletin board company.
"This is the next logical step for the growth of Refill Energy, Inc., and for all of our shareholders," stated Mit Ebeling, President of Refill Energy. "We have been weighing the additional costs of moving our stock to the bulletin board and we are now confident that the timing is right to move forward. As we garner additional international attention, the transparency is crucial."
Once the recent financials are completed we anticipate filing with the Securities and Exchange Commission the required documents to move to the next level.
"Our management has always believed in clarity with our shareholders as to the financial position of the company. In the past we have posted our audited financials to the http://www.pinksheets.com website to keep with our requirements as a public company."
About Refill Energy, Inc.
Refill Energy's unique Gasifier produces a clean Synthesis gas (made up primarily of Hydrogen and Carbon Monoxide). The Syn-Gas is able to be used in an Integrated Gasification Combined Cycle (IGCC) to efficiently create electricity or be converted by a Catalytic Slurry Cyclone Reactor licensed by the University of Utah into liquid fuels (Dimethyl Ether, Ethanol, Gasoline, Jet Fuel or Diesel Fuel). The Dimethyl Ether (DME) like Syn-gas is a building block used in the chemical industry and can be converted by the Reactor to several different products, depending on the catalyst used.
Results are 100 % renewable "Green" energy, water and air emissions that are environmentally safe.
For further information please visit our website at http://www.refillenergy.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995.
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "can", "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
For more information contact:
Refill Energy Inc.
SOURCE Refill Energy, Inc.
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