|Date : 04/20/2012 |
Great Wall Builders Ltd., (OTCBB:GWBU) (the "Company" or "Great Wall"), is pleased to announce that the Company has acquired all of the assets of dPollution International, Inc. ("dPollution"). Under terms of the Asset Acquisition Agreement executed on March 19, 2012, the Company will acquire all the assets and intellectual property of dPollution in exchange for 27,306,793 shares of restricted common stock of Great Wall.
dPollution has been undertaking the commercialization of the Start Device, an innovative automotive aftermarket device that utilizes high-voltage electric current to break long-chain hydrocarbon molecules into shorter, lighter, and more volatile molecules. The patent-pending device produces a number of important benefits to combustion engines, including;
-- Lower emissions -- Reduced fuel consumption -- Improved engine performance
In conjunction with the acquisition on March 23rd, Mr. Peter Even Bell, the sole officer and director of the Company, tendered his resignation after the election of Mr. Daniele Brazzi to the positions of President and CEO and Mr. Jay Ameida to the position of Director of Operations. Both men were also elected as members of the Board of Directors of the Company.
In a related transaction, Mr. Bell and Mr. Brazzi entered into a Common Stock Purchase Agreement ("SPA") on March 26, 2012, wherein Mr. Bell sold to Mr. Brazzi, 176,000,000 shares of his common stock and agreed to cancel his remaining 37,487,500 shares. Following the transaction there are 349,819,293 common shares of the Company issued and outstanding.
Driving Technology for a Cleaner World
We are dedicated to providing innovative emission-reduction and fuel-saving technologies to all customer segments throughout the global market place.
Our mission is to help you reduce your carbon footprint, while simultaneously lowering your fuel and maintenance costs.
|Emissions Reduction ||Increased Fuel Efficiency ||Lower Maintenance ||Lower Capital Costs |
|Meet government regulations/comply with customer contracts and organizational goals ||Reduce expenditures on fuel/demonstrate effective financial stewardship ||Reduce regular maintenance expenditures/avoid costs associated with unscheduled maintenance ||Avoid capital expenditures on new vehicles to meet emissions requirements |
Start Technologies Corp Inc.
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