W Technologies, Inc. Enters Into Joint Venture With Oil Clean-Up and Recovery Company
December 16 2013 - 9:00AM
Marketwired
W Technologies, Inc. Enters Into Joint Venture With Oil Clean-Up
and Recovery Company
HUNTINGTON BEACH, CA--(Marketwired - Dec 16, 2013) - W
Technologies, Inc. (PINKSHEETS: WTCG) announced today that it has
entered into Joint Venture Agreement with Pure Oil Recovery, Inc.,
a Huntington Beach, CA - based company (www.PureOilRecovery.com)
which provides oil clean-up, removal and recovery services to the
oil and gas industry.
Ronald Costa, President of W Technologies stated, "Pure Oil
Recovery, Inc. offers the petroleum industry a cost effective means
to clean-up, remove, recover and separate the worst of oil sludge
problems associated with oil storage tanks, pits, sumps, vessels
and barges, as well as oil spill clean-ups. Their unique chemicals
are completely non-toxic, non-flammable and environmentally-safe.
When their proprietary chemistry is combined with state-of-the-art,
robotic equipment custom-built by its manufacturing affiliate, Pure
Oil Recovery offers the petroleum industry with the best solutions
to oil clean-up problems."
Scott Anderson, President of Pure Oil Recovery, Inc., stated,
"We are pleased to enter into this Joint Venture Agreement with W
Technologies, Inc. Their investment in our company which this
agreement brings will permit us to expand our efforts to offer our
products and services on an international basis. With our existing
relationships with the leading companies in both the oil and gas
production and refining industries and the oil service industry, we
expect to rapidly expand our business."
W Technologies business operations, website properties and
wholly owned subsidiaries include:
W Technologies, Inc. www.wtechnologies.us. SoMoTechnologies
http://www.SoMoTechnologies.com W Tech Mobile
http://www.WTechMobile.com Gotta Go Text http://www.GottaGoText.com
G2GText http://www.G2GText.com G2G Golf http://www.G2GGolf.com Hot
Deals Network http://www.HotDealsNetwork.com
About W Technologies, Inc. W Technologies, Inc., whose stock is
publicly traded under the symbol WTCG, is a diversified holding
company with the mission to develop, manage and finance emerging
companies. W Tech will be involved in the development of new social
media and digital advertising technologies, new
environmentally-safe oil and gas recovery technologies, new clean
water technologies, and financial services involving residential
and commercial real estate. The Company expects to bring a paradigm
shift in the use of these new technologies in the respective
business sectors and to develop new methods to finance its
affiliated companies. Through its subsidiaries and affiliates with
their experienced personnel, W Tech will seek to grow through
acquisitions, joint marketing arrangements and organic growth in
emerging markets.
Precautionary and Forward-Looking Statements This release
contains "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, and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
or risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in the Company's disclosures or filings with OTC
Markets, Inc. You are further cautioned that stocks of smaller
companies like W Technologies, Inc. are inherently volatile and
risky and that no investor should buy this stock unless they can
afford the loss of their entire investment.
Contact: W Technologies, Inc. Investor Relations
800-850-9601