MCW Enterprises (MCW.V) Pioneering Revolutionary Environmentally -
Friendly Oil Sands Extraction Technology Plus Profitable Fuel
Distribution Is Featured In Flaherty Special Situations
WEST HARRISON, N.Y.,
Nov. 20, 2012 /PRNewswire/ -- MCW
Enterprises Ltd. (TSX VENTURE: MCW) (MCW.V), which is changing its
name to MCW Energy Group Ltd., is featured in the November 19, 2012 issue of Flaherty Special
Situation Newsletter. This Canadian holding company has
assembled a profitable, booming California fuel distribution division – MCW
Fuels (est. 1938) whose revenues should exceed $1 billion in fiscal 2014 with a breakthrough,
environmentally-friendly oil sands extraction start-up which will
demonstrate how to tap Utah's
billions of reserves locked up in its oil sands resources. MCW then
intends to license the oil sands extraction technology globally. To
implement this integration, retired Exxon Arabian Gulf President,
Dr. R.G. "Jerry" Bailey has become CEO of the company. Success
would be of enormous importance to the U.S.A. with this new extraction technology
assisting America's move toward energy independence.
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About Flaherty Financial News Inc.
Flaherty Financial
News Inc. ("FFN") is the publisher of totally-electronic coverage
of the neglected small –cap and micro-cap markets. It was launched
in February 2007 by the "legendary
financial editor" Bob Flaherty,
Editor and Chairman of Flaherty Financial News Inc. and his son
Brian, President and Publisher. While previously serving as
Chairman and Editor of Equities Magazine for twenty-five
years and also Editor-in-Chief of Equities Special
Situations, which had one of the most consistent and highest
ranked long-run performance records measured by Hulbert Financial
Digest. He is also an award-winning retired Senior Editor of Forbes
Magazine, where he wrote 33 cover stories, two shy of the all-time
record. He was also Chairman of The Over-The-Counter Securities
Fund. Bob Flaherty is a Magna Cum
Laude graduate of Harvard College in economics and also has an MBA
with a Distinction in Finance from Harvard
Business School. A former president of the New York
Financial Writers' Association, Bob is a co-founder of their annual
student scholarship program and their annual award for significant
long-term achievement in financial journalism.
About MCW Enterprises soon to change its name to MCW Energy
Group Ltd.: MCW, through its wholly-owned subsidiary, MCW
Energy Group Limited, is focused on value creation, as (i) a
distributor of gasoline and diesel fuels to service stations in
Southern California for over 60
years, having revenue,in the fiscal year ending August 31, 2011, of US$241.5 million, and (ii) a developer of
proprietary technology for the extraction of oil from sand and
shale at its first field in the Uinta basin of Utah, USA. MCW's management team is comprised
of individuals who have extensive knowledge in both conventional
and unconventional oil and gas projects and production, as well as
refinery and fuel distribution experience. For additional
information on MCW, please visit their website
www.mcwenergygroup.com.
Forward-Looking Statements:
This news release
contains "forward-looking statements" (as defined in the Private
Securities Litigation Reform Act of l995) regarding MCW Enterprises
Ltd. and its future business plans. These statements involve
known and unknown risks and uncertainties. Such risks and
uncertainties may cause actual results and future achievements of
MCW to be materially different than those implied by these
forward-looking statements. Flaherty Financial News Inc. and
MCW have and undertake no obligation to provide public updates and
revisions to these forward-looking statements to reflect any
changes in its expectations of future events.
Contact:
Flaherty Financial News Inc.
Brian D. Flaherty, President and
Publisher
914-539-0688
http://www.flahertyfinancialnews.com/
SOURCE Flaherty Financial News Inc.