BioCentric and Renewed World Energies Announce Algae Products Purchase Orders in Excess of $6 Million
November 03 2009 - 11:31AM
Marketwired
BioCentric Energy Holdings, Inc. and Renewed World Energies
(PINKSHEETS: BEHL) today confirmed the companies are in receipt of
combined purchase orders for both ALGAE Bio Mass and ALGAE Oil
products totaling in excess of Six Million Dollars.
The newly combined companies today made the announcement
confirming the first one-acre-sized combined closed loop
photobioreactor systems which will be based at the Georgetown, SC
facility to accommodate and start the purchase order production.
The company will increase the acreage in modular increments to
facilitate the completion of the purchase orders. RWE has expansion
access to adjacent properties of over 20 acres for ALGAE farm
productivity with a possible additional 300 acres when required.
The terms of the current purchase orders in hand are for full
completion by December 2010. The first modular combined closed loop
systems are expected to be operational by the end of this year.
Dennis Fisher and his executive staff are today meeting at the
Georgetown, South Carolina location with RWE's Richard Armstrong
and his executive team to finalize the terms of the consolidated
business and marketing plan for the newly structured company.
Today's meeting should also result in new appointments to the Board
of Directors.
RELEVANT LINKS:
www.rwenergies.com
www.biocentricenergy.com
www.thefuelfilm.com
www.emerginggreencompanies.com
VOD Newswire Video Format:
http://vodnewswire.com/vodnewswire/news/biocentric-energy-20091103/
Safe Harbor Statement: This release includes forward-looking
statements intended to qualify for the 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 BEHL 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.
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Investor Relations: Dale Beaton 920-418-0153
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