Fully Reporting Status on the Horizon for W2 Energy
November 15 2013 - 10:24AM
Marketwired
Fully Reporting Status on the Horizon for W2 Energy
Funding Enables Management to Pull the Trigger to Move Forward
With Audited Financials
CAMBRIDGE, ON--(Marketwired - Nov 15, 2013) - W2 Energy
Inc. (OTC Pink: WTWO), a energy devices manufacturer of various
alternative green renewable energy technologies, announced
today the that the company has engaged RBSM LLP to audit the books
of W2 Energy Inc. for the years 2011, 2012 and review the current
financial statements.
W2 Energy has received adequate funding to become fully
reporting as a long term plan to pace itself with strategic
contracts that will build its revenue base.
"We are in the process of strengthening our disclosure to
shareholders by providing audited financials," said Chairman
Michael McLaren. "This task is expected to be completed by the end
of this year as the company will then move forward on registering
its common stock."
Chairman McLaren further stated, "Now that the company is moving
forward with its goals and objectives we feel the time is right to
register the shares and up-list the company as planned."
For more information on W2 Energy please see
www.w2energy.com
W2 Energy: Solutions That Fit
Syngas Production: The NT Plasmatron converts any hydrocarbon
feedstock into syngas, which is a combination of hydrogen (H2) and
Carbon Monoxide (CO). Viable feedstocks include municipal solid
waste (MSW), coal, natural gas, tires, sewage, animal waste and
agricultural waste.
Electricity Production: The SteamRay high-efficiency rotary
engine converts either steam or syngas into electricity. The
WaterHelix converts river or offshore water flows into hydraulic
pressure.
The W2 Small Energy Generating System
Liquid Fuel Production: The MultiFuel Gas-to-Liquid Reactor
converts syngas into either Ultra Low Sulfur Diesel (ULSD) or an
approximate 40/35/25 blend of ULSD, gasoline, and JP8 jet fuel. The
W2 Butanol Reactor (WBR) converts syngas into an approximate
60/30/10 blend of butanol, acetone and ethanol. Butanol can be used
as a gasoline substitute. Acetone and ethanol are commercial
products with substantial worldwide demand.
Waste Remediation: W2 Energy technology eliminates the need for
landfills and offers the opportunity to convert existing landfills
into electricity, liquid fuel, plus sale-able and recoverable
industrial byproducts such as landfill ash and powder sulfur.
Carbon Gas and Pollution Sequestration: The SunFilter Algae
Reactor sequesters carbon dioxide and other pollution gases and
grows algae which feed on those gases and particulates. In
situations where the algae feed on pure carbon dioxide (CO2), such
as the carbon dioxide produced by the MultiFuel Reactor, the algae
can be used to produce biodiesel, syngas, and human and animal food
supplements. When feedstock gas has other components such as sulfur
oxides, resulting algae can create biodiesel and syngas and
renewable source of energy.
Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of W2 Energy, Inc., its directors or its officers with
respect to, among other things: (i) financing plans; (ii) trends
affecting its financial condition or results of operations; (iii)
growth strategy and operating strategy. The words "may," "would,"
"will," "expect," "estimate," "can," "believe," "potential" and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond W2
Energy, Inc.'s ability to control, and that actual results may
differ materially from those projected in the forward-looking
statements as a result of various factors. More information about
the potential factors that could affect the business and financial
results is and will be included in W2 Energy, Inc.'s filings with
the Securities and Exchange Commission.
For further information
please contact: W2 Energy Public Relations and Shareholder
Information W2 Energy Inc. Phone: (519) 800-7556 Email:
info@w2energy.com