Multi Billion Dollar Alternative Fuel Sector Headlined By Improving Natural Gas Advancements & Enhanced Hydrogen Production Operations
Coral Springs, FL -- September 13, 2016 -- InvestorsHub NewsWire -- The opportunities for revenue growth in alternative fuels continue to multiply as developments, advancements and increasing demand push natural gas operations, alternative energy opportunities and hydrogen production technology forward. Today's market watch issued for the following OTC companies with recent trading movement or include Xfuels Inc. (OTC: XFLS), Solaris Power Cells, Inc. (OTC: SPCL), Signal Bay, Inc. (OTC: SGBY) and Cataca Resources, Inc. (OTC: CATQ).
Xfuels Inc. (OTC: XFLS) is pleased to report it has signed an LOI (Letter of Intent) to merge Hydration Company of PA into its subsidiary Converde Energy USA Inc. (XFUL). Mr. Michael McLaren states The addition of a water treatment technology is something that Xfuels has been exploring for some time to improve our bottom line. He further stated We are excited to integrate this low cost technology into our Coal Water Slurry (CWS) systems and into the Natural Gas production and maintenance programs.
Read the full Xfuels (XFLS) Press Release at: http://financialnewsmedia.com/profiles/xfls.html
Mr. Brad Domitrovitsch Chairman & CEO of HCPA states This combination is the next logical step in the evolution of Hydration, Mr. Domitrovitsch further stated Not only does it provide Hydration with entrance into the Oil & Gas Industry but even more importantly it gives HCPA access to the capital markets. Post-Merger Xfuels will retain a control block of preferred shares as well as access to the companys patent pending water treatment technologies. Xfuels will not retain any common shares of the company. The merger is expected to be complete within the next 60 days.
In other OTC trading performances and developments in the markets of note are:
Solaris Power Cells, Inc. (OTC: SPCL) experienced heavy trading on Monday closing up over 85% on over 87 Million shares traded by the market close. Solaris Power Cells the creators of the Solaris PESA "Passive Electron Storage Array", is a renewable energy storage device that stores energy instantly, maintenance and lead free with a 15 year limited lifetime warranty.
Signal Bay, Inc. (OTC: SGBY) closed up over 5% on Monday at $0.028 on over 28 Million shares traded by the market close. Signal Bay, Inc., through its subsidiaries Signal Bay Research, Signal Bay Services and EVIO Labs, provides advisory services, operational management and analytical testing services to the legal cannabis industry.
Cataca Resources, Inc. (OTC: CATQ) closed up over 5% at $0.826 on over 745,000 shares traded by the market close. Cataca Resources, Inc. is a start-up pre-exploration mining company with one mineral claim (the Lebak Gold Claim) in the Republic of the Philippines
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