Kleangas Energy Technology Wholly Owned Subsidiary Green Day, Receives Pellet Order for a Minimum of $10,000,000 & Potentiall...
January 16 2014 - 8:00AM
Marketwired
Kleangas Energy Technology Wholly Owned Subsidiary Green Day,
Receives Pellet Order for a Minimum of $10,000,000 and Potentially
up to $20,000,000
TAMPA, FL--(Marketwired - Jan 16, 2014) - Kleangas Energy
Technologies, Inc. (OTCQB: KGET) is pleased to report that our
Subsidiary Green Day Technologies, has received and accepted an
order for between 5,000 to 10,000 Metric Tons of pellets to be
delivered per month to South Korea. This one agreement runs for a
full 12 month period and represents a minimum of over $800,000 to
as much as $1,700,000 per month of income.
Green Day has several additional similar requests and expects
more agreements to be processed over the next few months. Kleangas
Energy's Subsidiary, Green Day, has secured the ability to deliver
the quantities for this order and is in the process to greatly
expand on production capabilities in the near term. As Green Day
expands production capabilities, several more orders will be
accepted. Demand for these pellets has been dramatically increasing
and is expected to continue to do so due to the increasing
environmental pressures to burn cleaner and more environmentally
friendly products than coal and crude products.
Bo Linton CEO of Kleangas Technologies, Inc., stated, "This
first agreement for the Company represents gross income of a
minimum of $10,000,000 to over $20,000,000 for the year. This
Income could be doubled or tripled over the next 12 months due to
the ever increasing demand for pellets in both domestic and oversea
markets. Kleangas is perfectly positioned in the market place as a
clean energy producer."
William Wylie, President of Kleangas Energy Technologies, Inc.,
will be appearing on MoneyTV (www.moneytv.net) Friday January 17,
2014.
Kleangas:
Kleangas Energy Technologies is a research and development
company dedicated to producing alternative clean technologies that
promote energy efficiency throughout a wide range of applications.
Kleangas designs, develops and markets various technologies
including Oxy-Hydrogen on-demand generators, Reverse Fuel Cells,
solar to Hydrogen fuel cells, and other products to deliver a clean
gas that provides energy savings, emissions reductions of diesel
fuel, and other natural gas applications. All of our products are
designed to assist companies in reducing operational costs,
providing a competitive advantage and increasing our customers'
profitability. Green Day Technologies Inc. has licensed patented
waste heat to electric power generation technology and works as a
co-generator when installed on a primary electrical generator unit.
It is also powerful enough to serve as a primary energy source.
Green Day also has pending contracts to sell refuse and biomass
derived pellets which are alternatives to producing electricity
instead of the traditional method of burning coal.
Safe Harbor Statement:
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 Kleangas or KGET 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. All such forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements.
Company Contact: Kleangas Energy Technologies, Inc.
http://www.kleangas.com/ Telephone 1-888-720-0806 FAX:
1-888-720-0806 E-mail: info@kleangas.com
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