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Re: tpizzazz24 post# 29940

Friday, 03/27/2015 9:59:24 PM

Friday, March 27, 2015 9:59:24 PM

Post# of 39713
This PR is very poorly written with a lot of grammatical errors and factual inaccuracies.

TEL-AVIV, Israel, March 24, 2015 /PRNewswire/ --

"Blackbird International Corporation BBRD (company name WERPO), a global leader in renewable sea wave energy technology, is in the process of arranging a visit to Grenada in order to begin negotiations in the private and public sectors to implement its sea wave energy system. BBRD with their partner in the Caribbean, Mr. Jarvis of SEEDSOWERS corporation, have been in communication with top ranking government personnel in order to introduce BBRD's sea wave energy technology power stations in the region and help the Government battle the energy crisis - a result of the lately constant El Ninue [sic] seasons and storms that have caused so much upheaval in the region."

This is very inaccurate! El Nino has not been very active over the past few years. The number of storms and hurricanes that have developed in the Atlantic basin in the past few years has been fewer that what forecasters at NOAA and Prof. William Gray at Colorado State University have predicted. The reason, they give is that El Nino has been less active. I wonder what type of upheaval Ovadia is talking about? The Caribbean is one of the most peaceful regions in the world -- unlike the Middle East.

All of the territories in the Caribbean have signed on to PetroCaribe, a low interest, long term loan agreement with Venezuela that supplies crude oil and refined petroleum products to them on concessionary terms. Despite its present economic struggles, Venezuela continues to supply fuel to the islands. I am trying to get confirmation on Ovadia's claims that BBRD is negotiating with Grenlec. None so far!

Mr. Shmuel Ovadia, Director and inventor of BBRD's technology stated, "Grenada is a perfect location to introduce sea wave energy as a viable and profitable solution for the rising energy needs by implementing our patented technology."

Grenada's power company, GRENLEC, is attempting to move forward with the government's agenda to promote renewable energy production, including implementing a system for private citizens to utilize renewable energy sources in a profitable manner. Yet, while the focus has, so far, been on Wind turbines, BBRD believes sea wave energy holds the best solution: "Grenada has a total of 121 km of coast and a real interest in promoting renewable energies" stated Mr. Ovadia, "with the focus being on freeing the region from a dependence on foreign fuel, as well as, insuring a renewable energy system is, at once profitable, and sustainable, our sea wave energy system seems the only suitable recourse".

"Nearly 60% of Grenada's energy sources are based on Diesel and hence Grenada is heavily reliant on imported fuels and the like to keep up with the local energy demands. With the energy needs constantly on the rise Grenada is seeking solutions locally and BBRD is primed to offer a solution utilizing an untapped renewable energy source - sea waves. BBRD plans to set up a local cooperation in order to implement its unique sea wave energy system. As a first stage BBRD wishes to start with a 10 MW plant and in the second stage expand to 100 MW."

Most of the statements contained in this PR are just rebranded and regurgitated assertions they have made in previous PRS for other projects.