Pink 2 long
2 weeks ago
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11+ years ago!
Turbine builder needs more time
FRONT PAGE NEWS
DEC 23, 2013
ISHPEMING â After years of delays, design issues and legal problems with the company that owns the wind turbine at the Pioneer Bluffs Apartments in Ishpeming, additional delays in the manufacturing process of the replacement turbine have Clean Green Energy LLC asking residents to wait just a little longer.
The company originally intended to replace the prototype turbine this past summer, it said in a press release Friday, but with unspecified manufacturing delays, it now hopes to bring the WIND-e20 replacement model to market sometime in 2014.
âWe have not backed away from the original plan and we are working very hard to move forward on this as expediently as possible,â said Bryan Zaplitny, president of CGE, in the press release titled, âIshpeming Wind Turbine Not Forgotten.â
The 162-foot tower, which can be seen from many places around the city, has in the past been quite controversial for the city and the Ishpeming Housing Commission, which owns the Pioneer Bluffs Apartments. Some residents have called the motionless turbine an eyesore and the city council has on at least one occasion called for its removal.
âItâs been a long road for all of us,â Zaplitny said. âWe are just as excited to have a WIND-e20 spinning outside Pioneer Bluff as the residents are.â
The press release states that the current prototype turbine is completed and operational, but âdue to interconnection issues and not being able to agree on an acceptable price for excess electricity sale to the utility, the company feels it is in the best interests of both CGE and the Ishpeming Housing Commission to replace it entirely.â
Though CGE maintains that the current prototype turbine is operational, in fact it has never operated, and was determined to have been too expensive and labor-intensive to produce and install or to run on a large scale, with blades that would likely fail. The newer 105-foot, 65 kwh WIND-e20 will address those design issues, and is also much easier to install. While installation of the prototype required a long process and several large cranes, the new model will arrive on a flatbed truck and can be set up using a hydraulic control system and a standard backhoe.
On Thursday, CGE announced that Burtek Enterprises Inc., a metal fabricator and military contractor based in downstate Chesterfield, would be its âstrategic manufacturing and assembly partnerâ for the new turbine models.
The two companies have signed a memorandum of understanding, according to a Burtek press release, and Burtek âshall be responsible for fabricating and assembly of the WIND-e20â and will work with CGE to âcheck and improve CGEâs design for cost-effective manufacturability.â
âAs a partner of CGE on the WIND-e20 program, we are going to have to be responsive,â said Burtek President Jeff Daniel in the release. âWe are going into production in 2014.â
The press release also says CGE is âexploring merger opportunitiesâ with McKenzie Bay International Ltd. â the same company that designed the original prototype, then ran out of money for the project and lost their management team. In 2007, Zaplitny, then president of MTI Energy Management, filed a federal lawsuit against McKenzie Bay seeking more than $75,000 in financial damages and injunctive relief.
Last year, Zaplitny told the Ishpeming Housing Commission that he had invested $8 million of his own money in the project and intended to see it through.
Phone calls to Clean Green Energy regarding details of its potential merger with McKenzie Bay were not returned as of press time this morning.
Zach Jay can be reached at 906-486-4401.
NEWSLETTER
Pink 2 long
2 weeks ago
By ALEXANDRIA
BOURNONVILLE
Journal Staff Writer
ISHPEMING â Affectionately nicknamed the Big Egg Beater, Ishpemingâs wind turbine continues to stand unused on Ishpeming Housing Commission property.
Initially installed in 2006 as a prototype, the turbine was meant to power the then- under-construction Pioneer Bluffs development, a senior apartment complex.
In its 14-year history, the turbine has ânever produced any electricity to the high rise,â according to Ishpeming Mayor Jason Chapman.
A subsidiary of McKenzie Bay International, the WindStor Power Company designed the 2006 prototype for its 200-kilowatt WindStor vertical-axis turbine.
The housing commission, which owns Pioneer Bluffs, entered into a power purchase agreement â a financial arrangement where a third party installs, owns and operates an energy system on a clientâs property. The company and the housing commission agreed to the PPA knowing that WindStorâs turbine was only prototype technology.
Under the PPA, all costs to run and maintain the turbine fall to the company.
The turbine changed hands in 2009, when Clean Green Energy LLC, a company based in downstate Brighton acquired MKBI.
The new owners say they were unaware of the financial problems and disagreements that MKBI had with its initial engineering firm, which is what prevented the wind turbine project in Ishpeming from moving forward. CGE officials said the only way forward was to improve upon the existing turbine.
According to CGEâs chief financial officer, Harold Telners, his company had âre-engineered and completed the turbineâ by late 2010.
Telners said âinnovative blade lifting techniques that have never been accomplished (before were introduced), and subsequently commenced the testing phase of the installation.â
The turbine âsuccessfully produced energy,â during those tests in 2010, Telners said.
But nothing has happened in over a decade since then. âChanges in technology, market needs and requirements, and in the ownership and management of WPC and MKBY led to unanticipated delays in the rollout of a new system. This is not a âproblemâ to âremedyâ but rather a typical hurdle encountered on the road to rolling out innovative, new technologies.â
On the subject of the idle turbine, Ishpeming City Manager Craig Cugini said the outcome of any changes in energy production has to benefit city residents.
âThe City of Ishpeming believes in an all-of-the-above approach to energy, no matter what Lansing tries to dictate to rural communities like ours. Our hope for projects within our city is that theyâre functional and deliver promised results to our seniors, veterans and other members of our community who ultimately absorb the cost of rising energy prices.â
Both Chapman and IHC Executive Director Doreen Shelley agree that if the turbine doesnât begin producing energy soon, it should be taken down.
âSomething needs to be done,â Shelley said.
Chapman has renewed concerns about newly enacted state legislation governing green energy.
Gov. Gretchen Whitmer signed the package of bills on Nov. 28, mandating 100% clean energy by 2040.
But in order to reach that goal, state government will take away local control of large solar, wind and energy storage projects.
âI fully support finding ways to reduce and eventually eliminate sources of electricity that hurt our environment,â Chapman said. âHowever, our area still needs a stable, long-term solution, which I havenât seen yet. Taking away local control isnât the answer either, unless the state is ready to support our area ⌠Iâm worried that enacting laws without solutions could hurt us up here.â
Regardless, Telnersâ statement continues to be the same: âThe plan has always been to replace the WindStor turbine in Ishpeming with a new design. When a replacement turbine is installed and operational, it will, as planned, supply that power.â
Shelley hopes to host a meeting with the IHC Board of Directors and CGEâs President and CEO Bryan Zaplinty in 2024 to discuss what will happen next.
Alexandria Bournonville can be reached at 906-228-2500, ext. 506. Her email address is abournonville@miningjournal.net.
Pink 2 long
2 weeks ago
contact these scumbags on a daily basis to torment them for a shareholder update. at the very least we can be a burr in their saddles.
this is what i sent them yesterday----
larry@aradatum, bryan@aradatum, paul@aradatum.
If there is a NDA, advising your shareholders of such is not a violation of the NDA.
If you are concerned about insider trading, updating your shareholders is not insider trading.
If you are flat on your asses broke and failed at being a viable business, advise your shareholders to write it off.
If you are just complete scum bags with a low sense of morality and ethics, just keep doing what you are doing and vote Democrat this fall.
If you are the Christian you claim to be, do some soul searching. I personally have over $100,000 invested in your lies and I will not stop until I have answers.
Saving Grace
4 months ago
Aradutum is made up bull shit that doesn't exist in the real world. Ask Bryan Paul, He's the next office over from you. Maybe you'll get some bull shit carbon credits, since we're talking about, not having a clue in the real world. Sea Level is sea level. "LEVEL" no matter where you are on Earth, Russia, US, Canada, Australia, Europe, Africa, South America. LEVEL means Level. Horizon means Horizontal and that too is Level. Obviously
Research that with an open mind unlike a globalist who are narrow minded in my book. Is it closer to New York or by Train? Did you walk to school or carry your lunch? It is what it is, no more and no less.
Aradatum is FAKE as they were suppose to have 4 turbines up and running but the only thing running is Bryan from shareholders.
Did anybody get Aradatum shares yet in their account? Obviously not because Aradatum doesn't exist in the real world but on paper to drain what's left of CGEI accounts and party like Rock Stars on the beach with Larry.
No office, no turbines, no nothing! 100% SCAM
Saving Grace
4 months ago
Aradatum is a Paper Moon company and Scam.
There is nothing to prove the subsidiary even exists. Larry Leete 3 years of documented Bull Shit, Lies and Deceit with absolutely nothing to show for it. Aradatum is a made up scam that doesn't exist.
BRIGHTON, Mich, April 22, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc.âs (OTCPink: CGEI) subsidiary, Aradatum, is making itâs strategic moves and is looking to soon publicly discuss itâs rollout plans in greater detail.
Aradatum is currently in a scale-up phase, with a sales network established to build pre-sales for deliveries beginning in 2022, readying the towers for commercial manufacturing, and speaking to investors to expedite their growth.
The market and short interest is readying for these moves. There has been a large drop in short interest. https://www.americanbankingnews.com/2021/04/14/cge-energy-inc-otcmktscgei-sees-large-decrease-in-short-interest.html
It has been previously made public that at some point in the future, CGE intends to spin-off its subsidiary, Aradatum, to own and operate self-powered cell towers for the telecom and technology markets.
As a point of clarity concerning the future ownership of Aradatum by CGE Energy Shareholders, when the spin-off occurs, the intent is that every CGE Shareholder on the date of the spin-off will receive Aradatum Shares on the basis of one Aradatum Share for every oneCGE Share owned, as of the last trading day prior to the spin-off. Only CGE Shareholders at spin-off will receive Aradatum Shares.
Until the spin-off occurs, the primary way to obtain Aradatum ownership is through the ownership of CGE Shares purchased in the open market or a large private placement.
âI see great value in the opportunity of Aradatumâs self-powered wireless towers in the market,â said Bryan Zaplitny, CGEâs President and CEO, âAs a CGE shareholder myself, I am excited to also be part of a groundbreaking tech company that, when spun out, is poised to have greater long-term enterprise value potential than a single company, as structured today. Our companies' unique and differentiated types of power solutions can both shine independently and are in alignment with each organizationâs sales activities.â
There are more than 300,000 additional cell towers needed to be constructed in the U.S. This will require a $500 Billion investment in new 5G infrastructure and Aradatum uniquely offers a solution to the geographic and power challenges that have limited the reach of next-generation wireless networks to date. Powered by clean, renewable energy with energy storage, Aradatumâs tower design is an environmentally responsible way to meet the growing demand for connectivity and for telecom providers to attain targeted and specific renewable energy goals.
About CGE Energy, Inc.
CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits.
http://www.cgeenergy.com/
About Aradatum, Inc.
Aradatum is a technology company that provides the keys to ubiquitous wireless connectivity. Aradatum puts the infrastructure in place to solve geographic and power challenges that have limited the reach of next-generation wireless networks, offering a simple way to provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks, and edge computing. Aradatum, Inc. is a subsidiary CGE Energy, Inc. www.aradatum.com
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
https://markets.businessinsider.com/news/stocks/cge-energy-s-subsidiary-aradatum-is-making-next-moves-1030333864?op=
Saving Grace
5 months ago
The Pump) CGE Energy CEO Files Form 4 Reporting $6M Stock PurchasePress Release | 12/04/2019
BRIGHTON, Mich, Dec. 04, 2019 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTCPink: CGEI), a leading energy solutions provider and developer of innovative self-powered technologies, reported that its President and CEO, Bryan Zaplitny, purchased $6,000,000 of CGEI common stock. The transaction was reported to the U.S. Securities and Exchange Commission (SEC) via Form 4 on December 3, 2019.
âI firmly believe that the Company's publicly traded share price undervalues the true equity of CGE Energy. For this reason, I have chosen to purchase these shares and further demonstrate my enthusiastic belief in our business model, patented technology and vision," said Zaplitny, âI wanted to express my belief, not just in words â but in a serious financial commitment.â
The Board of Directors of the Company have unanimously voted and signed a resolution to sell to Zaplitny the shares in exchange for the cancellation of a capital loan in the amount of $6,000,000, previously issued by Zaplitny. With the cancellation of this loan, this now strengthens CGE Energyâs balance sheet.
âMy stock purchase demonstrates my confidence in our future and the diversified revenue opportunities ahead of us,â added Zaplitny, ânot only for CGE Energyâs comprehensive energy projects, but also for the new developments of the WINDâ˘e20® wind turbine.â
WINDâ˘e20® is poised to be an integral part of the community, bringing positive impact to communications, homeland security, life safety, protected energy storage/backup, and first emergency response. These innovative features will provide additional recurring revenue streams for the company and will allow CGE to help connect and empower rural America.
The Company is preparing for an uplist to the OTCQB, where it expects to attract the attention of a broader base of investors.
About CGE Energy, Inc.
CGE Energy, Inc. makes it easy for businesses, local governments, and non-profits to receive the benefits of sustainable energy projects with no upfront cost. CGE hand-selects the very best facilities to partner with and turns their wasted energy into immediate and continuous savings for the customer. By uniquely selling sustainability-as-a-service, CGEâs proprietary Sustain business model delivers an exclusive combination of todayâs best energy efficiency and sustainable energy generation technologies, including CGEâs exclusive WINDâ˘e20® wind turbine.
To learn more visit http://www.cgeenergy.com.
If you would like to receive email alerts of up-to-date CGE Energy news, press releases and company filings, subscribe to CGEâs Investor Alerts here.
Media Contact:
Paul Schneider
CGE Energy, Inc.
Phone: 248-446-1344
pschneider@cgeenergy.com
Saving Grace
5 months ago
10) CGE Energy Granted Sixth Patent for Innovative Wind TurbinePress Release | 11/24/2020
BRIGHTON, Mich, Nov. 24, 2020 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTCPink: CGEI) is pleased to announce that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 10,808,677 to the Company, entitled, âFluid driven vertical axis turbine.â This patent relates to a fluid driven vertical axis turbine and its remote-controlled blades that fold up and lay flat against the rotor in dangerous, high-wind situations. The patent also covers the manner in which the turbineâs segmented blade joints hydraulically lock together to make a strong, rigid blade, both in the open and closed position.
âThe issuance of this sixth patent enhances the strength of our intellectual property protection around our vertical axis wind turbine,â said Bryan Zaplitny, President and CEO of CGE Energy. âThis patent further supports our ongoing R&D efforts in bringing unique off-grid power solutions to markets where power availability is an issue.â
To date, CGE Energy has received five U.S. patents as well as one European patent for the technology. These independent patents cover many aspects of the technology, including having a fluid driven turbine that generates power from wind blowing from any direction, its generator and primary components located in the base of the turbine, as well as the turbineâs easy delivery transport method.
In recent months, CGE Energy has expanded its management team that oversees the technology division of CGE Energy and its subsidiaries, as well as expanded its strategic partners to bring this technology to market.
About CGE Energy, Inc.
CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits.
To learn more visit http://www.cgeenergy.com.
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
Saving Grace
5 months ago
9) CGE Energy Forms Subsidiary, Aradatum, to Build Wireless Infrastructure for Telecom and Technology IndustriesPress Release | 01/14/2021
BRIGHTON, Mich, Jan. 14, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTCPink: CGEI) has successfully formed Aradatum, Inc., a new company that will specialize in enabling connectivity and will produce self-powered wireless towers. To focus squarely on providing self-powered cell towers to the telecom and technology markets, Aradatum was formed as a subsidiary of CGE Energy, Inc. for this wireless tower application.
Over the past decade, CGE Energy has developed self-powered infrastructure technologies, including an innovative vertical-axis wind turbine that has received 6 patents within the United States and internationally.
The innovative tower design overcomes the challenges that have limited the reach of next-generation wireless networks, offering a simple way to provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for LTE, 5G, CBRS, private networks, FWA, neutral host applications, and edge computing.
âIn this unprecedented year while we were locked-up in our homes, we saw the significant need for communal communication and connectivity. What we recognized was the divide that exists within the country through the lack of digital access,â said Larry Leete, President of Aradatum, âWe created Aradatum to bridge that divide, bringing communications infrastructure forward to those areas that donât have access so that we can universally connect to everyone.â
CGE Energy and Aradatum are excited to unveil more information and a new connectivity-focused website in late January.
About CGE Energy, Inc.
CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits.
To learn more visit http://www.cgeenergy.com.
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
Saving Grace
5 months ago
8) CGE Energyâs Subsidiary Aradatum Unveils its Self-Powered 5G Tower: The Next Generation of Ubiquitous Wireless ConnectivityPress Release | 01/26/2021
BRIGHTON, Mich, Jan. 26, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc.âs (OTCPink: CGEI) subsidiary Aradatum, Inc. today introduced the worldâs first truly self-powered macro cell tower that can be placed literally anywhere. Aradatum is a technology company that dares to go where others donât. Taking a unique approach to modernizing telecom infrastructure, the start-upâs self-powered towers give wireless pioneers and mobile and virtual network operators (MNOs/MVNOs) access to previously unreached and strategic locations needed to optimize their advanced applications of 5G, fixed wireless access (FWA), Citizens Broadband Radio Service (CBRS), neutral host, private networks, and edge computing.
Aradatum is the culmination of 11 years of product development, headed by a team of individuals across varying backgrounds with a foundation in wireless connectivity and power technologies. Formed in the midst of the COVID-19 pandemic, the company dedicated itself to bringing communications infrastructure to areas that lack connectivity and to open up the benefits of living, working, and playing in a connected world to everyone.
âOur brand is focused in two specific areas,â said Larry Leete, President of Aradatum, âOur first focus is bringing communications and connectivity to areas that donât have access to broadband, especially in those environments that are off the traditional path in more rural and suburban areas.â Today, 157 million people in the U.S. do not use the internet at broadband speeds, while 45 million people donât have access to broadband at all.
Leete continued, âOur second area of focus is supporting and enhancing the next generation of applications that will drive digital transformation.â
Unlocking the full potential of the applications that will advance these technologies will require innovative infrastructure that can solve the geographic and power challenges that have limited the reach of wireless networks to date. While telecommunications are wireless, most macro towers still operate on a power cable. Aradatumâs towers remove the need to run new power lines and frees its towers to go places others canât. Powered by clean, renewable energy with energy storage, Aradatumâs tower design is an environmentally responsible way to meet the growing demand for connectivity and for MNOs and MVNOs to attain targeted and specific renewable energy goals. With multiple scalable energy sources, the tower system can handle the MNOâs cell site energy needs to provide 99.999% network uptime.
âOur towers completely redefine where a cell tower can go and how theyâre powered. Energy is the highest of all operating expenses for telecom businesses today,â said Paul Schneider, VP of Marketing and Business Development, âAs more and more MNOs and MVNOs are looking towards âgreen powerâ, we designed our self-powered macro-towers to meet this need. Weâre excited to help deploy next-generation connectivity to every inch of the earth.â
Aradatum empowers MNOs, MVNOs, and tech companies to cross previously impenetrable barriers to bring next-generation applications to everyone, including game changing technologies like self-driving vehicles, robotic surgery, AI, Robotics, M2M, Machine Learning, AR/VR, e-sports, Big Data, IoT, holography, and edge colocation.
To learn more on how Aradatum is bringing access absolutely anywhere, visit https://aradatum.com/; Twitter: @daretoaradatum (https://twitter.com/daretoaradatum); LinkedIn: https://www.linkedin.com/company/aradatum
About CGE Energy, Inc.
CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits.
http://www.cgeenergy.com/
About Aradatum, Inc.
Aradatum is a technology company that provides the keys to ubiquitous wireless connectivity. Aradatum puts the infrastructure in place to solve geographic and power challenges that have limited the reach of next-generation wireless networks, offering a simple way to provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks, and edge computing. https://www.aradatum.com/
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
Saving Grace
5 months ago
7) CGE Energy Positions Its Subsidiary, Aradatum, For Future GrowthPress Release | 02/11/2021
BRIGHTON, Mich, Feb. 11, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTCPink: CGEI) has taken a strategic step towards the future growth of its subsidiary, Aradatum, Inc. Aradatum has issued 60,000,000 (sixty million) Aradatum Common Shares to its parent, CGE Energy.
The rationale for the issuance is to better enable CGE Energy to transfer these Aradatum Shares proportionally to CGEI Shareholders when Aradatum is officially spun-out. After the spin-out, Aradatum will be free to pursue its own stock listing. This action rewards CGEI Shareholders with an opportunity to participate in the future growth of Aradatum.
Bryan Zaplitny, President of CGE Energy said, "We wanted to take this strategic step now to position Aradatum for future growth and spin-out from CGE. This move enables Aradatum to attract the capital it needs to scale manufacturing and install its self-powered telecommunication infrastructure products."
About CGE Energy, Inc.
CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits. http://www.cgeenergy.com/.
About Aradatum, Inc.
Aradatum is a technology company that provides the keys to ubiquitous wireless connectivity. Aradatum puts the infrastructure in place to solve geographic and power challenges that have limited the reach of next-generation wireless networks, offering a simple way to provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks, and edge computing. Aradatum, Inc. is a subsidiary CGE Energy, Inc. www.aradatum.com
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
Saving Grace
5 months ago
6) CGE Energyâs Subsidiary Aradatum is Making Next MovesPress Release | 04/22/2021
BRIGHTON, Mich, April 22, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc.âs (OTCPink: CGEI) subsidiary, Aradatum, is making itâs strategic moves and is looking to soon publicly discuss itâs rollout plans in greater detail.
Aradatum is currently in a scale-up phase, with a sales network established to build pre-sales for deliveries beginning in 2022, readying the towers for commercial manufacturing, and speaking to investors to expedite their growth.
The market and short interest is readying for these moves. There has been a large drop in short interest. https://www.americanbankingnews.com/2021/04/14/cge-energy-inc-otcmktscgei-sees-large-decrease-in-short-interest.html
It has been previously made public that at some point in the future, CGE intends to spin-off its subsidiary, Aradatum, to own and operate self-powered cell towers for the telecom and technology markets.
As a point of clarity concerning the future ownership of Aradatum by CGE Energy Shareholders, when the spin-off occurs, the intent is that every CGE Shareholder on the date of the spin-off will receive Aradatum Shares on the basis of one Aradatum Share for every one CGE Share owned, as of the last trading day prior to the spin-off. Only CGE Shareholders at spin-off will receive Aradatum Shares.
Until the spin-off occurs, the primary way to obtain Aradatum ownership is through the ownership of CGE Shares purchased in the open market or a large private placement.
âI see great value in the opportunity of Aradatumâs self-powered wireless towers in the market,â said Bryan Zaplitny, CGEâs President and CEO, âAs a CGE shareholder myself, I am excited to also be part of a groundbreaking tech company that, when spun out, is poised to have greater long-term enterprise value potential than a single company, as structured today. Our companies' unique and differentiated types of power solutions can both shine independently and are in alignment with each organizationâs sales activities.â
There are more than 300,000 additional cell towers needed to be constructed in the U.S. This will require a $500 Billion investment in new 5G infrastructure and Aradatum uniquely offers a solution to the geographic and power challenges that have limited the reach of next-generation wireless networks to date. Powered by clean, renewable energy with energy storage, Aradatumâs tower design is an environmentally responsible way to meet the growing demand for connectivity and for telecom providers to attain targeted and specific renewable energy goals.
About CGE Energy, Inc.
CGE Energy, Inc., and its wholly-owned subsidiary Clean Green Energy, Inc., is a developer of long-term energy projects and self-powered infrastructure which solve the unique energy challenges of their commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and realize environmental benefits.
http://www.cgeenergy.com/
About Aradatum, Inc.
Aradatum is a technology company that provides the keys to ubiquitous wireless connectivity. Aradatum puts the infrastructure in place to solve geographic and power challenges that have limited the reach of next-generation wireless networks, offering a simple way to provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks, and edge computing. Aradatum, Inc. is a subsidiary CGE Energy, Inc. www.aradatum.com
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
Saving Grace
5 months ago
5) New CGE Energy Board Member Adds Faith-Based Investing BackgroundPress Release | 11/03/2021
BRIGHTON, Mich, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Envoy Financial and His Kingdom Resources Fund founder Bruce Bruinsma joined the Board of Directors of CGE Energy, Inc. (OTCPink: CGEI) to broaden its scope with a faith-based approach to investing.
âBruceâs talent, expertise and faith-based perspective will complement our board as we deliver best return on the dollar to those who invest and partner with us,â said Bryan Zaplitny, President and CEO of CGE Energy. âOur relationship with Bruce goes back over 12 years and he has been a steadfast supporter of our vision of changing the world with our technology. Bruce joins CGE Energy as we continue to rally support for our subsidiary Aradatumâs self-powered integrated telecommunication towers, drive shared profitability and enhance value for all CGE Energy shareholders.â
Bruinsma is founder and CEO of Envoy Financial, a faith-based retirement plan provider. He also co-manages His Kingdom Resources Fund, a private equity firm that invests in early-stage companies that develop disruptive, high-impact technologies positioned for exponential growth and altruistic impact. In addition, Bruinsma co-founded several businesses that financially support ministries and communities in the United States, Europe and Asia. He holds an MBA from the University of California, Berkeley and has more than 40 years of professional experience in retirement planning and finance.
"I look forward to working alongside my fellow board members and company management to advance Aradatumâs innovative wireless infrastructure that can impact people from every corner of the globe,â Bruinsma said. âIts growth potential in the U.S. and abroad is unlimited.â
About CGE Energy, Inc.
CGE Energy, Inc. is a holding company with two wholly owned subsidiaries, Aradatum, Inc. and Clean Green Energy, Inc.
About Aradatum, Inc.
Aradatum is a technology company that created the worldâs first self-powered macro cell tower that you can place literally anywhere. Aradatum manufacturers the infrastructure to solve geographic and power challenges caused by the limited reach of next-generation wireless networks. The towers provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks and edge computing. www.aradatum.com
About Clean Green Energy, Inc.
Clean Green Energy, Inc. develops long-term energy projects that solve the unique energy challenges of its commercial, municipal and nonprofit customers. The company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and generate environmental benefits. www.cgeenergy.com
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com
Saving Grace
5 months ago
4) CGE Energy and Subsidiary Aradatum Issue Shareholder Letter Update December 2021Press Release | 12/21/2021
BRIGHTON, Mich, Dec. 21, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTC: CGEI) today issued the following shareholder letter from its President and Chief Executive Officer, Bryan Zaplitny.
Dear CGE Energy Shareholders and Partners:
As we close out 2021, it is now time to summarize our recent business developments, significant year-to-date achievements, and provide some insight into the strategic direction of CGE Energy and our subsidiary, Aradatum, for 2022 and beyond. As a collective company, we have been on a journey to reinvent self-powered infrastructure and to create a more connected and greener world for everyone, all while creating long-term shareholder value with holdings and assets.
For years, we have been developing our business plan. This year, we have been executing our plan and making many strategic moves behind the scenes, many of which we are not ready to disclose publicly until the proper time. In 2021, we raised seed equity capital from multiple investors to fund the growth of the organization and Aradatum. With the dedicated funding, we will continue to execute engineering, manufacturing and the installation of the initial pilot towers. In November, the most recent phase of our engineering was completed. Our engineering team has expanded to multiple world-renowned partners. Details on these advancements will be further expanded upon in the new year.
We kicked off the next stage of our marketing and public relations programs which takes us from brand development to initial market penetration. Expect a new video and updates to the website in early 2022. Our PR outreach recently landed us coverage in Inside Towers. As discussed in the article, Aradatum has four pilot tower sites identified. These sites, as well as others not mentioned, represent a good variety of geographic locations with real communication and connectivity problems to be solved, tangible customer needs, and rugged locations to display the advantages of our product to establish us as essential infrastructure for closing the gap on ubiquitous coverage. Together, these pilot sites will enable us to further solidify multiple business models with multiple customer verticals.
In November, the U.S. House of Representatives passed a $1.2 trillion bipartisan infrastructure bill, earmarking billions of dollars for broadband, electric vehicles, and clean energy. We help solve those needs, and there are many areas that directly or indirectly benefit Aradatum. Our towerâs economics are sound, and tax credits and government funding enhance and speed the deployment of our towers and other infrastructure projects.
We have been quiet for many years and have not made many announcements. It is now time to make ourselves known. We have the team and capital in place to implement our plan. Over the next year, we will issue consistent announcements and updates on the progress of these and other developments. I have always said, we have the âpower to make a differenceâ and we believe in doing things the right way versus being merely a flash in the pan. Each of the steps we have taken over the past decade have built the foundation of what we are bringing to market today.
Peace and blessings for the New Year. Merry Christmas.
Best regards,
BZ
About CGE Energy, Inc.
CGE Energy, Inc. is a holding company with two wholly owned subsidiaries, Aradatum, Inc. and Clean Green Energy, Inc.
About Aradatum, Inc.
Aradatum is a technology company that created the worldâs first self-powered macro cell tower that you can place literally anywhere. Aradatum creates the infrastructure to solve geographic and power challenges caused by the limited reach of next-generation wireless networks. The towers provide secure and instantaneous communication for telecommunications and network infrastructure equipment running advanced applications for 5G, private networks and edge computing. www.aradatum.com
About Clean Green Energy, Inc.
Clean Green Energy, Inc. develops long-term energy projects that solve the unique energy challenges of its commercial, municipal and nonprofit customers. The Company provides both services and products that enable its customers to reduce their energy consumption; lower their upfront, operating and maintenance costs; and generate environmental benefits. www.cgeenergy.com
Press Release Contacts
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344
pschneider@cgeenergy.com