Kleangas Energy Technologies, Inc., Announces a 1,052,000,000 Reduction in the Shares Outstanding
December 11 2013 - 10:46AM
Marketwired
Kleangas Energy Technologies, Inc., Announces a 1,052,000,000
Reduction in the Shares Outstanding
TAMPA, FL--(Marketwired - Dec 11, 2013) - Kleangas Energy
Technologies, Inc. (OTCQB: KGET) announces that the Company has
further decreased its shares by One Billion Fifty Two Million
(1,052,000,000) shares of Common Stock. This reduces the
outstanding shares to 314,648,358.
The Company President William Wylie stated, "This reduction in
shares is a great thing for the Company because we eliminate shares
that did not increase shareholder equity, allowing the Green Day
acquisition to have less of an impact on the issued shares and
improving shareholder equity. We expect to have the acquisition of
Green Day completed by December 20, 2013 along with its pending
contracts in place."
About Kleangas
Kleangas Energy Technologies is a research and development company
dedicated to producing alternative clean technologies that promote
energy efficiency throughout a wide range of applications. Kleangas
designs, develops and markets various technologies including
Oxy-Hydrogen on-demand generators, Reverse Fuel Cells, solar to
Hydrogen, Welding, Cutting and other products to deliver a clean
gas that provides energy savings, emissions reductions, on diesel,
natural gas applications or fuel cells. All of our products are
designed to assist companies in reducing operational costs,
providing a competitive advantage and increasing our customer's
profitability. Green Day Technologies Inc. has licensed patented
waste heat to electric power generation technology and is works as
a co-generator when installed on a primary electrical generator
unit and is also powerful enough to serve as a primary energy
source. Green Day also has pending contracts to sell refuse and
biomass derived pellets which is an alternative to coal burning to
produce electricity.
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.
Company Contact: Kleangas Energy Technologies, Inc.
http://www.kleangas.com/ Telephone 1-888-720-0806 FAX: 1-
888-720-0806 E-mail: info@kleangas.com
Kleangas Energy Technolo... (CE) (USOTC:KGET)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kleangas Energy Technolo... (CE) (USOTC:KGET)
Historical Stock Chart
From Apr 2023 to Apr 2024