W2 Energy Inc. develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy's plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.
W2 Energy Inc. has seasoned management, cutting edge technology and owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production.
Biodiesel Fuel Basics
Biodiesel is a domestically produced, renewable fuel that can be manufactured from vegetable oils,
animal fats, or recycled restaurant grease. It is a cleaner-burning replacement for petroleum diesel fuel.
It is nontoxic and biodegradable.
Biodiesel is a liquid fuel often referred to as B100 or neat biodiesel in its pure, unblended form. Like
petroleum diesel, biodiesel is used to fuel compression-ignition engines, which run on petroleum diesel.
See the table for biodiesel's physical characteristics.
How well biodiesel performs in cold weather depends on the blend of biodiesel. The smaller the
percentage of biodiesel in the blend, the better it performs in cold temperatures. Regular No. 2 diesel and
B5 perform about the same in cold weather. Both biodiesel and No. 2 diesel have some compounds that
crystallize in very cold temperatures. In winter weather, manufacturers combat crystallization in No. 2
diesel by adding a cold flow improver. For the best cold weather performance, drivers should use B20
made with No. 2 diesel manufactured for cold weather.
As previously reported, W2 Energy recently purchased a fully operating turn-key bio-diesel plant from Agri-Green Biodiesel, Inc. The plant was successfully transported to the Company's 23,000 sq. ft. manufacturing facility in Guelph, Ontario last month and is now fully functional and operating.
The Company is now in the process of sending out sample runs to an independent laboratory in order to obtain its government ASTM spec certification. In the interim, the Company will be running a series of sample runs in order to prepare for full production.
The Company is also in the process of negotiating with buyers for contracts on their bio-diesel fuel once full production starts to commence.
Current expectations are for the production of approximately 650,000 gallons of bio-diesel per year with this plant which at today's current market value
should be worth close to $3 million in revenues. Future plans for the plant will include a retrofit modification of the plant in order to increase its production
by up to 1.2 million gallons per year. By increasing the productions capabilities the Company expects to be able to double its revenue capabilities.
Mike McLaren, President and CEO of W2 Energy, stated, "We consider the timely completion of our bio-diesel plant, to be a testament to the hard work and dedication of our engineers, who have been working around the clock, seven days a week, in order to meet our corporate deadline.
| Market Value1 || $375,631 || a/o Jan 18, 2013 |
| Shares Outstanding || 417,367,275 || a/o Jan 16, 2013 |
| Float || 370,149,961 || a/o Jan 16, 2013 |
| Authorized Shares || 2,500,000,000 || a/o Jan 14, 2013 |
| Par Value || 0.001 |
Michael McLaren - President, CEO, Director
Michael McLaren has been in the high technology industry for 20 years his past experience includes a number of Military and government projects in high-energy physics, advanced robotics and weapon design. Mr. McLaren has been with W2 Energy since its inception and prior to that was with General Cybernetics since 1998 which was a division of World Wise Technologies Inc. Mr. McLaren has a Masters Degree in Science, Masters Degree in Business from University of British Columbia.
Sigmund Phillipe Friberg - Director
Sigmund Phillipe Friberg earned a Masters Degree in Economics from University of Copenhagen in 1979. From 1990 to 2001, Mr. Friberg served as the Chief Financial Officer with André Group, a company established in 1877 and was one of the world's big-five in grain trading. From 2001 until the present, Mr. Friberg served as a financial & administrative consultant for financial and trading companies, and an independent economic adviser for insurance, investment and real estate financing.
Pierre Besuchet - Director
Mr. Besuchet is a seasoned director of the company, is a banker and fund manager who has run an asset management company since 1983. He is also a director of Faisal Finance SA by Dar al-Maal Islami S.A, Switzerland, Indufina SA, Switzerland, Valor Invest Ltd, Virgin Islands, Lundin Mining Vancouver and Orko Silver.
Wan Hasni - CFO
Mr. Wan Hasni holds a PhD in Finance from the University of Iowa, an expert in the global financial markets, where he used to serve in various capacity as Chairman, Directors, or CEO of several financial institutions in Asia. He also has tremendous experience in the Middle East markets, as well as Asian markets. As well as W2 Energy he currently serves as Advisor capacity to investment groups from the Middle East and Asia.
W2 Energy's European JV Partner W2H Luxembourg Holdings Signs Joint Venture Agreement With EGM World LLC in Dubai