TAMPA, FL / ACCESSWIRE / July 24, 2014 / Kleangas Energy Technologies, Inc. (OTC Pink: KGET) announced today that the Company has received another letter of credit for the next shipment of wood pellets to Busan Korea.
Also that Kleangas CEO Bo Linton posted his response to the shareholders questions on the Companies Facebook page (see link) below. Mr. Linton has proposed to do this on a monthly basis provided there are sufficient questions being posed by the shareholders and investment community. Shareholders are requested to submit their question to the Company via the companies email address at firstname.lastname@example.org.
Mr. Linton stated, "We received over 100 shareholder questions and we responded to the ones that were the most frequently asked. We will have more news coming out over the next few weeks and we expect we will have more shareholder questions in which to respond. We would also thank the shareholders that took their valuable time to send in their questions. The Company received another Letter of Credit for the shipment of wood pellets to Busan Korea. These shipments are expected to increase as countries around the world change from coal fired to wood pellet fired electrical generators."
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Kleangas Energy Technologies, Inc., is a company dedicated to producing alternative clean technologies and products that promote energy efficiency throughout a wide range of applications. Through its wholly owned subsidiaries Kleangas manufactures and sells wood pellets as an alternative to coal and a waste heat to electricity patented technology. 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’s subsidiary G-PEL also has pending contracts to sell refuses and biomass derived pellets, which are alternatives to producing electricity instead of the traditional method of burning coal. Second Cycle Recycling subsidiary of Kleangas creates pellets made from recycled paper to be used for cat litter, animal bedding and a variety of other used to be developed.
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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.
Kleangas Energy Technologies, Inc.
SOURCE: Kleangas Energy Technologies, Inc.