Las Vegas, NV (PRWEB) December 21, 2011
Energy Ventures Organization, Inc. (http://www.energyVentures.org) a Nevada based Energy Solutions company, pioneering the fast growing Hydrogen Alternative Fuel Production Industry, re-visits its extensive research and development (R&D) Energy Ventures Organization has now completed it's newest hydrogen-producing units.
Energy Ventures Organization (EVO) has produced and stored large amounts of homeowner produced hydrogen (99.999% purity) in various tanks. EVO units can operate a 1200-watt fuel cell generator running small home appliances, directly from EVO hydrogen units. EVO is able to produce sufficient pressure and volume to connect a cutting/welding torch, melting and cutting various metals, directly from the hydrogen generator. EVO has established that high volume production can be accomplished at low cost and is confident that a low cost way for home owners and others to produce hydrogen fuel is here.
The completion of the new unit was enabled by a law suite settled in 2007 when Apollo (AOOR) was forced in Texas Federal Court, to give back all of Energy Ventures Organization shares and forfeit 450,000 shares of Apollo (AOOR) stock, for filing false charges against Energy Ventures Organization. "This covers our cost of the law suite against Apollo and gives us the additional needed operating and development funds." CEO John Bonaventura said.
New President Nathen Schlumpf said "If it wasn't for John Bonaventura and the great job he did during the law suit against Apollo, we would never be where we are today". "Its a geat day when good wins over evil" said Schlumpf.
This press release includes "forward-looking statements" Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.