Manila, Philippines (PRWEB) October 19, 2012
TRUE BIO ELECTRIC announced today that had been admitted to trading on the GXG markets OTC under the symbol (TBIO). Ronald Shane Flynn, founder of The Company said, “Green energy is the 21ST century’s evolution to saving the planet and creating more jobs, while new investors get rich from investing in a new fuel source that can give better returns then gas or oil.
True Bio Electric Company PLC (GXG.OTC: TBIO) ("True Bio Electric") http://www.truebioelectric.com owns and operates Materials Recycling Facility’s (MRF), on landfill sites which are specialized plants that receive, separate and prepare recyclable materials for marketing to end-users. True Bio Electric then deploys Refused Derived Fuel RDF machineries on these MRF landfill sites and has already initiated the first Refused Derived Fuel (RDF) machine in the Philippines.
RDF is a green renewable fuel source that can be burned in any coal-fired power plant, cement kiln and TBE intends to market and sell RDF's to bio green systems, coal fired plants, cement kiln and bio green gasification systems around the world. A single RDF Facility can process more than 750 tons of Municipal Solid Waste per day. Due to the moisture content of the garbage the total tons per day is reduced by 35% for a final per tonnage of nearly 500 tons of RDF per day.
Our entire waste-to-energy plant includes a Material Recycling Facility (MRF), a Shredder, a Pelletizer, Mixer, Dryer and Conveyor. It is anticipated that True Bio Electric will install more than 50 MRF systems deploying RDF machines around the world over the next 4 years. True Bio Electric partners will offer renewable energy products to their customers through contract arrangements and will provide the sales, marketing and supply Bio green RDF's required to operate a Bio green system so our utility partners can participate on a global basis in multi-supplier utility partnering programs.
True Bio Electric is anticipating selling RDF at a cost of around $100.00 a ton.
ABOUT THE GXG: http://gxgmarkets.co.uk/
GXG’s market solution has been specifically designed to provide Small to Medium Enterprises (SMEs) with a more competitive market quotation that utilizes proven and robust trading systems.
The traditional small-cap market practice of enforcing large bid/offer spreads disadvantages both buyer and seller. GXG Markets, however, offers the ability to trade shares in SME’s directly as matched bargains without the need for market makers setting the price of transactions. This provides the market place with greater transparency and faster transaction reporting.
GXG Markets offers a transparent, global marketplace, attractive for honest companies and investors, where small and medium-sized companies can find necessary capital in order to grow.
GXG Markets is built on good intentions and designed to turn those intentions into good money for everyone who is interested in the future of small and medium-sized companies.
For more information, please see the following link: http://gxgmarkets.co.uk/news/true-bio-electric-company-plc-admitted-gxg-markets-otc
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections.