Tampa, FL (PRWEB) June 04, 2014
Kleangas Energy Technologies, Inc. (OTC: KGET) is pleased to report today that the Company has submitted the Purchase Agreement Documents to the owners of Second Cycle Recycling in order to complete the transaction.
Bo Linton CEO stated, “The Company has now submitted the Purchase Agreement Documents to complete the acquisition of SCR’s operation in Indiana. SCR is our first targeted acquisition for pellet distribution into the domestic market. KGET is also looking for additional acquisition targets to expand its operations for both the foreign and domestic markets.”
“I would also like to state it is very good news for us to see our most recent press release being picked up by the Wall Street Journal online,” concluded Mr. Linton. The release can be viewed on the WSJ.com site at the following link http://online.wsj.com/article/PR-CO-20140529-907085.html
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Kleangas Energy Technologies is a company dedicated to producing alternative clean technologies and products that promote energy efficiency throughout a wide range of applications. Kleangas private labels and markets Oxy-Hydrogen on-demand generators and through its wholly owned subsidiaries sells wood pellets as an alternative to coal and a waste heat to electricity patented technology. Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit. It is also powerful enough to serve as a primary energy source. Green Day’s subsidiary G-PEL also has pending contracts to sell refuses and biomass derived pellets, which are alternatives to producing electricity instead of the traditional method of burning coal.
Safe Harbor Statement:
Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Kleangas Energy Technologies, Inc.