TRUE GREEN ENERGY GROUP DOING THE RIGHT THING
(Thomson Reuters ONE) -
True Green Energy Group /
TRUE GREEN ENERGY GROUP DOING THE RIGHT THING
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True Green Energy Groups tag line -- Doing the right thing -- signals the right
direction in green energy investments. TGEG is changing capital investments away
from landfills and towards recycling plants, known as MRF's (materials recovery
facilities) that enable "single-stream recycling." It allows consumers to place
all recyclables into one bin; paper, cardboard, glass, plastic, and metals are
then separated using forced air, optical scanning, and heavy-duty magnets. Of
course this is only part of TGEG'S waste management process. The second and the
most important part of the process provides for clean green electricity by using
garbage pellets that feed into TGEG Biosphere MKV green energy power plant
system.
TGEG Canada recently went public on the FSE. TGEG Canada Limited is a public
company, ISIN Number CA8724191066, CUSIP number 872419106, trading on the
Deutsche Borse AG under stock symbol TGG. TGEG has invested over 21,000,000
(Twenty one Million) USD on the first Biosphere MKV-MRF system that is being
deployed in San Fernando Philippines.
TGEG has contracts with more then 20 municipalities in the Philippines. TGEG
contracts and MOU'S provide that TGEG will own and control the landfill sites
and all the garbage that is picked up by the city disposal trucks for the next
25 years. TGEG charges a tipping fee for receiving the garbage at the site, in
addition to recycling the garbage, pelletizing it, and delivering green
electricity to the power grid. TGEG waste-to-energy plant will generate enough
electricity to power millions of homes and businesses in San Fernando
Philippines.
The Founder, Mr. Ronald Flynn said, "As the C.E.O of TGEG, the holiday season is
just around the corner, and everyone's making plans for that jolly good time of
the year again, Christmas. Well, besides all the celebrations and festivities,
many savvy investors are enthusiastically investing with TGEG'S pure play green
energy power plant. Why you ask? Because the majority of Health and pro-
environment groups around the world, especially Filipinos want to celebrate
Christmas free of waste. The fact is the Filipino league of mayors and the
police rotary club of the Philippines are promoting the Biosphere MKV System,
stating that all mayors and governors should sign contracts with TGEG before
2012. "TGEG will be collecting huge carbon credits with the use of the biosphere
system. It's time to listen to Mother Earth, go green, and Win on a green energy
pure play investment.
The fossil fuel model has run out of road. We have no option but to transition
to a new energy system increasing the efficiency in which we generate,
distribute, and transmit energy in conjunction with improvements in the
efficiency of energy using the Biosphere MKV that has a vital role to play in
ensuring sustainability.
TGEG Canada holds an exclusive contract to deploy Biosphere systems in many
countries including the Republic of the Philippines. World Energy Group is
delivering the new Thailand Biosphere system to the port of manila for TGEG/SBSC
and the city of San Fernando Philippines by January 2011.
Dr. Reza Arabpour, who is a financial advisor for many large companies and
stockholders, said TGEG, falls right in line with Warren Buffets 4 essential
important principles that any investor should follow.
1. Invest to be a partner and invest long term in a business you understand.
2. Invest in companies with predictable growth and high return of capital.
3. Check out if the company gives candid performance reviews and share common
goals with investors.
4. Be greedy when the market is fearful and buy great companies at great
discounts.
Every sensible investor should invest in companies considering himself as a part
owner of the company and not as a speculator hoping to earn some quick money.
This is the most important lesson one can learn".
True Green Energy Group has adapted a business model to gain competitive
advantages within ecological constraints. TGEG is deliberately addressing the
ecological constraints that are increasingly limiting "business as usual." TGEG
has a positive business model that includes products of service, sustainable
mobility, local raw MSW and lean manufacturing of pellets, and the use of
regional manufacturing and distribution of green energy and the collection of
carbon credits.
TGEG asked for an outside evaluation firm named ValuCorp to give an evaluation
of the company and what it was worth as well as the combined historical and
projected financial statements along with the Actual December 31, 2009 tax
return, as estimated through December 31, 2010 as projected through December
31, 2014, and the calculation of fair market value as of September 28, 2010.
ValuCorp Calculation of Fair Market Value was expresses as a single dollar
amount of $5,235,215,734 and was based upon all the information provided by True
Green Energy Group and Spectrum Blue Steel Corporation as well as other sources
of information by Voga Brazil that ValuCorp deemed to be an appropriate
analysis. The revenue was based on the current sites in the Philippines such as
San Fernando, Santa Rosa, Naga, Dumagueta, Tanjay, and Bayawan City. In addition
to cities in Brazil such as Goiania, Goias, Cristalina Goias, Rio de Janeiro,
Palmas and Tocantins.
True Green Energy Group, Spectrum Blue Steel and Voga Brazil will be signing
more than 13 international contracts next month with government officials of
Brazil for the immediate deployment of the MRF and Biosphere MKV5. Thiago
Marques Dos Reis, a director of Voga Brazil stated, "that he believed that Voga
would sign a minimum of 42 biosphere contracts by January 30, 2011".
TGEG is a Canadian Corporation with offices in the Philippines, Sweden,
Seychelles, Hong Kong, London and Brazil. The corporate headquarters is in the
Philippines is located in Makati and Clark Pampanga. TGEG/SBS strategy is to
"de-carbonize" the electric power generation industry by shifting to non-fossil
fuel-based energy sources, specifically energy-from-waste. This follows the
American Energy Policy Act of 2005 which confirmed energy-from-waste is
renewable, and the Philippine Renewable Energy Law (RA 9513) of the Philippines.
True Green Group Canada is a domestic corporation duly registered under the laws
of Canada and holds a license to the Biosphere Technology from Global
Environmental Energy Corporation (OTC Bulletin Board: GEECF.PK.ob - News).
Global is a fully integrated energy company whose interests include electrical
power generation, oil and gas exploration and production, clean coal and waste
management technologies.
This press release contains forward-looking information within the meaning of
Section 27A of the Securities Act of the 1933 and Section 21E of the Securities
Exchange Act of 1934, and is subject to the safe harbor created by those
sections.
CONTACT: James H. Jenkins
e-Mail:james.jenkins(at)jhj-gmbh.de
--- End of Message ---
True Green Energy Group
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: True Green Energy Group via Thomson Reuters ONE
[HUG#1473452]
Datum: 16.12.2010 - 18:31 Uhr
Sprache: Deutsch
News-ID 49806
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Kategorie:
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