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No sellers in here so far today and great buying volume! https://ih.advfn.com/stock-market/USOTC/allied-energy-pk-AGYP/trades
$AGYP
$APSI 8K out announcing new CEO
https://www.sec.gov/ix?doc=/Archives/edgar/data/1553264/000168316823000121/aquapower_8k.htm
$APSI 8K out announcing new CEO
https://www.sec.gov/ix?doc=/Archives/edgar/data/1553264/000168316823000121/aquapower_8k.htm
$APSI This has #24 spot on the Breakout Boards.
https://investorshub.advfn.com/boards/breakoutboards.aspx
This has #24 spot on the Breakout Boards.
https://investorshub.advfn.com/boards/breakoutboards.aspx
$APSI
$APSI New tweet alert! >>
$APSI announces new management duties within Company as part of overall growth strategy. https://t.co/icfL6kIw3K
— APSI - Aqua Power Systems Inc (@inc_apsi) January 10, 2023
New tweet alert! >>
$APSI announces new management duties within Company as part of overall growth strategy. https://t.co/icfL6kIw3K
— APSI - Aqua Power Systems Inc (@inc_apsi) January 10, 2023
From their most recent press release;
Allied Energy Signs MOU with Enerhash USA to Begin Initial Flare Gas Bitcoin Mining Data Center Project
CARROLLTON, TX / ACCESSWIRE / November 30, 2022 / Allied Energy Corp (OTC PINK: $AGYP), a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, is pleased to announce the signing of an MOU with Enerhash USA LLC and River Energy Group LLC.
Allied Energy Corporation and River Energy Group LLC, known together as "Allied-River," signed a Memorandum of Understanding with Enerhash USA LLC, "Enerhash USA". The companies will work together on the feasibility and analysis for developing solutions to utilize stranded and flare gas resources in the USA for Bitcoin mining and High Performance Computing data centers. This MOU sets the path towards building a long-term strong relationship between the Parties.
The initial 1 MW (300 mcf) site is the first phase of the 20 MW development project. Allied-River and Enerhash will be working on expanding their operational footprint to 100 MW rapidly.
Enerhash is an energy technology and digital infrastructure development company founded by European energy experts in 2019. Enerhash has developed projects on three continents providing ??renewable energy optimization and grid balancing services including New Zealand, Sweden, Hungary and now they are entering into the USA.
Enerhash USA will align with energy producers as a solution to help alleviate harmful methane emissions caused by production. These solutions will monetize wasted natural gas resources to reduce emissions by eliminating routine flaring to reach ESG goals and unlock the value from stranded resources. To discover more about Enerhash USA, visit their corporate website at www.enerhashusa.com.
Tamas Seregi the Chairman of the Board of Enerhash has over 25 years of management consulting experience at companies such as Boston Consulting Group and Schlumberger Business Consulting, working with numerous energy companies worldwide to address strategic, organizational and operational challenges. Tamas commented on the deal:
"As a former Schlumberger executive I've had the chance to witness the value small independent producers bring to the industry by pragmatically embracing innovation. Today we all see what the shale revolution has brought to us resulting in a dramatic shift in the U.S. oil and gas industry and sending shockwaves across the globe. It all started right here in Texas by combining two well-established technologies at scale; horizontal drilling and fracking. Together we are looking forward to becoming drivers of the Flare Revolution by leveraging hyper computing to address methane management scaling up across Texas and beyond."
After months of due diligence and strategy meetings both Allied-River and Enerhash USA are confident that this MOU will serve as the foundation to finalize a "Definitive Agreement" between the Parties for off-grid and/or micro-grid Bitcoin mining in the USA. The initial project between the companies focuses on setting up leading edge electrical generation equipment and data centers at stranded natural gas wells to integrate carbon capture and emission control systems in the framework of a research and development project.
Allied-River and Enerhash USA are working together on the design and engineering of the site's layout with the related gas treatment facilities, power generation infrastructure and deployment of data centers.
Brian Sanders the Managing Partner of Enerhash USA commented: "Our goal is to purposely embed in the DNA of every project a solution that charts the path towards impacting critical environmental, social, and governance (ESG) factors in the energy industry."
Allied CEO George Monteith commented: "It is an honor that Enerhash USA chose to partner with Allied. I am thrilled at the progress we've made through the signing of this MOU and have a great deal of respect for their entire team and their vision for creating micro-grid power sources. Over the past several months Allied has signed joint-venture agreements with strategic companies that can procure oil and gas properties that fit specific metrics, and finance large-scale projects. With the signing of this MOU with Enerhash USA I am confident that we have the right and necessary puzzle pieces fitting together. We now move forward to begin new business endeavors that release the profitability of untapped resources in an environmentally friendly way."
The Company invites any and all interested parties to check back regularly at https://alliedengycorp.com/ and the corporate Twitter Account https://twitter.com/AlliedEnergyCo1.
About AGYP:
Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'existing' oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing ("fracking"), drilling of lateral ("horizontal") legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America ("IPAA") - "With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve."
Safe Harbor Statement:
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements.
Contact:
Allied Energy Corporation
Phone: 972-632-2393
Email: info@alliedengycorp.com
Twitter: https://twitter.com/AlliedEnergyCo1
Enerhash USA LLC
Phone: 202-826-5112
Website: www.enerhashusa.com
Email: info@enerhash.com
Twitter: https://twitter.com/Enerhash1
Linkedin: https://www.linkedin.com/company/enerhash/
SOURCE: Allied Energy Corporation
Allied Energy Signs MOU with Enerhash USA to Begin Initial Flare Gas Bitcoin Mining Data Center Project
CARROLLTON, TX / ACCESSWIRE / November 30, 2022 / Allied Energy Corp (OTC PINK: $AGYP), a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon areas in the United States, is pleased to announce the signing of an MOU with Enerhash USA LLC and River Energy Group LLC.
Allied Energy Corporation and River Energy Group LLC, known together as "Allied-River," signed a Memorandum of Understanding with Enerhash USA LLC, "Enerhash USA". The companies will work together on the feasibility and analysis for developing solutions to utilize stranded and flare gas resources in the USA for Bitcoin mining and High Performance Computing data centers. This MOU sets the path towards building a long-term strong relationship between the Parties.
The initial 1 MW (300 mcf) site is the first phase of the 20 MW development project. Allied-River and Enerhash will be working on expanding their operational footprint to 100 MW rapidly.
Enerhash is an energy technology and digital infrastructure development company founded by European energy experts in 2019. Enerhash has developed projects on three continents providing ??renewable energy optimization and grid balancing services including New Zealand, Sweden, Hungary and now they are entering into the USA.
Enerhash USA will align with energy producers as a solution to help alleviate harmful methane emissions caused by production. These solutions will monetize wasted natural gas resources to reduce emissions by eliminating routine flaring to reach ESG goals and unlock the value from stranded resources. To discover more about Enerhash USA, visit their corporate website at www.enerhashusa.com.
Tamas Seregi the Chairman of the Board of Enerhash has over 25 years of management consulting experience at companies such as Boston Consulting Group and Schlumberger Business Consulting, working with numerous energy companies worldwide to address strategic, organizational and operational challenges. Tamas commented on the deal:
"As a former Schlumberger executive I've had the chance to witness the value small independent producers bring to the industry by pragmatically embracing innovation. Today we all see what the shale revolution has brought to us resulting in a dramatic shift in the U.S. oil and gas industry and sending shockwaves across the globe. It all started right here in Texas by combining two well-established technologies at scale; horizontal drilling and fracking. Together we are looking forward to becoming drivers of the Flare Revolution by leveraging hyper computing to address methane management scaling up across Texas and beyond."
After months of due diligence and strategy meetings both Allied-River and Enerhash USA are confident that this MOU will serve as the foundation to finalize a "Definitive Agreement" between the Parties for off-grid and/or micro-grid Bitcoin mining in the USA. The initial project between the companies focuses on setting up leading edge electrical generation equipment and data centers at stranded natural gas wells to integrate carbon capture and emission control systems in the framework of a research and development project.
Allied-River and Enerhash USA are working together on the design and engineering of the site's layout with the related gas treatment facilities, power generation infrastructure and deployment of data centers.
Brian Sanders the Managing Partner of Enerhash USA commented: "Our goal is to purposely embed in the DNA of every project a solution that charts the path towards impacting critical environmental, social, and governance (ESG) factors in the energy industry."
Allied CEO George Monteith commented: "It is an honor that Enerhash USA chose to partner with Allied. I am thrilled at the progress we've made through the signing of this MOU and have a great deal of respect for their entire team and their vision for creating micro-grid power sources. Over the past several months Allied has signed joint-venture agreements with strategic companies that can procure oil and gas properties that fit specific metrics, and finance large-scale projects. With the signing of this MOU with Enerhash USA I am confident that we have the right and necessary puzzle pieces fitting together. We now move forward to begin new business endeavors that release the profitability of untapped resources in an environmentally friendly way."
The Company invites any and all interested parties to check back regularly at https://alliedengycorp.com/ and the corporate Twitter Account https://twitter.com/AlliedEnergyCo1.
About AGYP:
Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'existing' oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing ("fracking"), drilling of lateral ("horizontal") legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America ("IPAA") - "With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve."
Safe Harbor Statement:
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements.
Contact:
Allied Energy Corporation
Phone: 972-632-2393
Email: info@alliedengycorp.com
Twitter: https://twitter.com/AlliedEnergyCo1
Enerhash USA LLC
Phone: 202-826-5112
Website: www.enerhashusa.com
Email: info@enerhash.com
Twitter: https://twitter.com/Enerhash1
Linkedin: https://www.linkedin.com/company/enerhash/
SOURCE: Allied Energy Corporation
I agree her true value is not .36, this is bound for $1++!
$APSI
$AGYP UP on the Breakout Boards due to Friday volume increase.
https://investorshub.advfn.com/boards/breakoutboards.aspx
$AGYP UP on the Breakout Boards due to Friday volume increase.
https://investorshub.advfn.com/boards/breakoutboards.aspx
This had another nice volume surge on Friday.
$AGYP
I think once paper hands are out this will go back up to its HOY
$APSI
Not sure what is happening since we literally have gotten a super 8k and amazing news but I suspect people are just panic selling.
$APSI
$APSI Aqua Power Systems Inc (OTCMKTS: APSI) Completes Acquisition of Tradition Transportation Group & Negotiates Potential Acquisition of Large Warehouse Facility
https://newsytrends.com/2023/01/08/aqua-power-systems-inc-otcmkts-apsi-completes-acquisition-of-tradition-transportation-group-negotiates-potential-acquisition-of-large-warehouse-facility/
$APSI Aqua Power Systems Inc (OTCMKTS: APSI) Completes Acquisition of Tradition Transportation Group & Negotiates Potential Acquisition of Large Warehouse Facility
https://newsytrends.com/2023/01/08/aqua-power-systems-inc-otcmkts-apsi-completes-acquisition-of-tradition-transportation-group-negotiates-potential-acquisition-of-large-warehouse-facility/
New article out! Let’s see what today brings.
Aqua Power Systems Inc (OTCMKTS: APSI) Completes Acquisition of Tradition Transportation Group & Negotiates Potential Acquisition of Large Warehouse Facility
https://newsytrends.com/2023/01/08/aqua-power-systems-inc-otcmkts-apsi-completes-acquisition-of-tradition-transportation-group-negotiates-potential-acquisition-of-large-warehouse-facility/
$APSI
$APSI everyone should be buying up this dip right now- these are sweet discount prices!
Everyone should be buying up this dip right now- these are sweet discount prices!
$APSI
$APSI is a value play..good fundamentals and strong technicals..
$AGYP due to volume increase the last few days this could be seeing another volume surge today here.
$AGYP due to volume increase the last few days this could be seeing another volume surge today here.
I've also noticed a volume increase in here the last few days. I think we will see a similar volume surge today like we did last Friday.
$AGYP
Absolutely especially since their partnership with Enerhash USA. Let us not forget that Enerhash has done projects in THREE continents!
$AGYP
Even with the dips this is still a BUY according to barchart! https://www.barchart.com/stocks/quotes/APSI/opinion
$APSI
Lull before the storm.
$AGYP
I didn't think another buying opportunity would come in the .40s but I'm glad it did though cause it allowed me to grab more cheapies.
$APSI
$APSI more acquisitions coming according to tweet yesterday! >>
With Super 8-K behind us, all eyes @ $APSI are focused forward on growth/expansion. Negotiations presently underway for potential acquisition of very large warehouse facility including high demand large capacity freezer storage.
— APSI - Aqua Power Systems Inc (@inc_apsi) January 5, 2023
$APSI more acquisitions coming according to tweet yesterday! >>
With Super 8-K behind us, all eyes @ $APSI are focused forward on growth/expansion. Negotiations presently underway for potential acquisition of very large warehouse facility including high demand large capacity freezer storage.
— APSI - Aqua Power Systems Inc (@inc_apsi) January 5, 2023
Buys hit at .071
$AGYP
NEW TWEET OUT: "With Super 8-K behind us, all eyes @ $APSI are focused forward on growth/expansion. Negotiations presently underway for potential acquisition of very large warehouse facility including high demand large capacity freezer storage."
With Super 8-K behind us, all eyes @ $APSI are focused forward on growth/expansion. Negotiations presently underway for potential acquisition of very large warehouse facility including high demand large capacity freezer storage.
— APSI - Aqua Power Systems Inc (@inc_apsi) January 5, 2023
$APSI company tweeted about major update yesterday! >>
$APSI Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. https://t.co/VTvaJRtuPr
— APSI - Aqua Power Systems Inc (@inc_apsi) January 4, 2023
$APSI company tweeted about major update yesterday! >>
$APSI Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. https://t.co/VTvaJRtuPr
— APSI - Aqua Power Systems Inc (@inc_apsi) January 4, 2023
$AGYP on watch due to nice surge in volume yesterday!
$AGYP on watch due to nice surge in volume yesterday!
Nice surge in volume yesterday. Over 161K volume.
$AGYP
$APSI huge PR released yesterday! >>
Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition’s Entire Portfolio of Corporate Subsidiaries
January 04, 2023 13:30 ET
| Source: Aqua Power Systems Inc.
Winter Park, FL, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Aqua Power Systems, Inc. (OTC: APSI) (“the Company”) is pleased today to formally announce and further elaborate upon the successful consummation of the recently announced LOI to wholly acquire Tradition Transport Group, Inc (“Tradition”) and its entire portfolio of corporate subsidiaries.
The completed acquisition was formally announced in an Edgarized SEC Form 8-K on Friday, December 30, 2022. Due to the enormity of the material disclosure it contains many investors will recognize this particular filing appropriately as a “Super 8-K.”
The Company highly encourages all interested parties to read the filing in its entirety to gain a clearer picture of the acquisition that has transpired. This release will attempt to address some of the highlights of the 8-K along with commentary from key corporate leadership.
Tradition was incorporated under the laws of the State of Indiana on September 16, 2015. Tradition is headquartered in Angola, Indiana, and provides freight transportation, brokerage, truck leasing and financing, warehousing and fulfillment services throughout the United States, and manufactures and sells bolts and fasteners, and creates custom plates, cages, and embeds.
As of December 2022, Tradition has approximately two hundred and fifteen (215) full-time employees. Sixty (60) of the full-time employees are its drivers, and one-hundred twenty-two (122) are office personnel. Tradition also has one hundred thirty-two (132) owner operator drivers.
In fiscal year 2021 Tradition Transport recorded approximately $87 million dollars of revenue in its audited financial statement.
Tim Evans President and CEO of Tradition Transport stated: “Months of planning, discussing, and strategizing have come to fruition and I’m more excited for Tradition’s future than ever before. First of all, let me be as clear as possible to all the Tradition family of clients, drivers, and other employees that this acquisition does not change our business trajectory other than amplifying and accelerating the path we’ve already been on. We believe that this acquisition positions Tradition for next-level growth. Tradition is a profitable company with an established customer base. Tradition surpassed our 2021 audited numbers by a significant margin. I’ll be talking more about this soon once our 2022 audit is complete. Suffice it to say we are growing and now through this acquisition we have a rock-solid foundation that will carry us far into the future.”
As Aqua Power takes on a new life with this acquisition, the Company offered the following as a mission statement that more accurately defines the corporate business: “Our mission is to build a company that provides efficient and reliable logistics and transportation solutions that exceed the expectations of our clients and partners. We strive to be the industry leader by continuously improving our services, investing in the latest technologies, and valuing the safety and well-being of our employees and customers. Our goal is to build long-term relationships with our clients and partners through exceptional service, innovation, and a commitment to excellence.”
The Company has set up a new website that will serve as a hub of corporate updates: http://aquapowersystemsinc.com
Stephen Carnes, CEO of Aqua Power stated, “It would be impossible to adequately summarize all the details and potential of this acquisition in one release, but I hope that shareholders can see the immense value that Tradition brings to Aqua Power. Updates on each of Tradition’s subsidiaries will be forthcoming as well as new business. There’s literally so much that it’s a struggle to know where to begin. It is my hope that shareholders and investors can look at how this deal has evolved thus far and understand that I’m working to add maximum value and benefit for our valued stakeholders.”
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the Company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Stephen Carnes
407-674-9444
https://www.globenewswire.com/news-release/2023/01/04/2583210/0/en/Aqua-Power-Systems-Inc-Wholly-Acquires-Tradition-Transport-Group-Inc-and-Tradition-s-Entire-Portfolio-of-Corporate-Subsidiaries.html
$APSI huge PR released yesterday! >>
Aqua Power Systems, Inc. Wholly Acquires Tradition Transport Group, Inc. and Tradition’s Entire Portfolio of Corporate Subsidiaries
January 04, 2023 13:30 ET
| Source: Aqua Power Systems Inc.
Winter Park, FL, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Aqua Power Systems, Inc. (OTC: APSI) (“the Company”) is pleased today to formally announce and further elaborate upon the successful consummation of the recently announced LOI to wholly acquire Tradition Transport Group, Inc (“Tradition”) and its entire portfolio of corporate subsidiaries.
The completed acquisition was formally announced in an Edgarized SEC Form 8-K on Friday, December 30, 2022. Due to the enormity of the material disclosure it contains many investors will recognize this particular filing appropriately as a “Super 8-K.”
The Company highly encourages all interested parties to read the filing in its entirety to gain a clearer picture of the acquisition that has transpired. This release will attempt to address some of the highlights of the 8-K along with commentary from key corporate leadership.
Tradition was incorporated under the laws of the State of Indiana on September 16, 2015. Tradition is headquartered in Angola, Indiana, and provides freight transportation, brokerage, truck leasing and financing, warehousing and fulfillment services throughout the United States, and manufactures and sells bolts and fasteners, and creates custom plates, cages, and embeds.
As of December 2022, Tradition has approximately two hundred and fifteen (215) full-time employees. Sixty (60) of the full-time employees are its drivers, and one-hundred twenty-two (122) are office personnel. Tradition also has one hundred thirty-two (132) owner operator drivers.
In fiscal year 2021 Tradition Transport recorded approximately $87 million dollars of revenue in its audited financial statement.
Tim Evans President and CEO of Tradition Transport stated: “Months of planning, discussing, and strategizing have come to fruition and I’m more excited for Tradition’s future than ever before. First of all, let me be as clear as possible to all the Tradition family of clients, drivers, and other employees that this acquisition does not change our business trajectory other than amplifying and accelerating the path we’ve already been on. We believe that this acquisition positions Tradition for next-level growth. Tradition is a profitable company with an established customer base. Tradition surpassed our 2021 audited numbers by a significant margin. I’ll be talking more about this soon once our 2022 audit is complete. Suffice it to say we are growing and now through this acquisition we have a rock-solid foundation that will carry us far into the future.”
As Aqua Power takes on a new life with this acquisition, the Company offered the following as a mission statement that more accurately defines the corporate business: “Our mission is to build a company that provides efficient and reliable logistics and transportation solutions that exceed the expectations of our clients and partners. We strive to be the industry leader by continuously improving our services, investing in the latest technologies, and valuing the safety and well-being of our employees and customers. Our goal is to build long-term relationships with our clients and partners through exceptional service, innovation, and a commitment to excellence.”
The Company has set up a new website that will serve as a hub of corporate updates: http://aquapowersystemsinc.com
Stephen Carnes, CEO of Aqua Power stated, “It would be impossible to adequately summarize all the details and potential of this acquisition in one release, but I hope that shareholders can see the immense value that Tradition brings to Aqua Power. Updates on each of Tradition’s subsidiaries will be forthcoming as well as new business. There’s literally so much that it’s a struggle to know where to begin. It is my hope that shareholders and investors can look at how this deal has evolved thus far and understand that I’m working to add maximum value and benefit for our valued stakeholders.”
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the Company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Stephen Carnes
407-674-9444
https://www.globenewswire.com/news-release/2023/01/04/2583210/0/en/Aqua-Power-Systems-Inc-Wholly-Acquires-Tradition-Transport-Group-Inc-and-Tradition-s-Entire-Portfolio-of-Corporate-Subsidiaries.html