Thursday, October 07, 2021 6:28:21 PM
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Entrex’s Carbon Offset Rights Agreement sets precedence in West Virginia
Boca Raton, Fla., October 4, 2021: Entrex (OTC:UNSS) is pleased to report a Entrex Carbon Offset Rights Agreement has been executed for 8000+ acres in West Virginia; establishing legal precedence for West Virginia real estate properties.
“A key measure for the inherent investor value of an ‘Entrex Carbon Offset Rights Agreement” is to establish scale as ‘the industry standard’ for tradable Carbon Offset securities” said Stephen H. Watkins, CEO of Entrex Carbon Market a majority owned subsidiary of Entrex. “With another significant property and equally important a new State to create legal precedence and title for the Carbon Offset Rights Structure -- we believe a significant milestone has been crossed” he continued.
“As the SEC focuses on ESG and the underlying meaning and accountability – they can’t effect compliance without standard securities in which they can rely” said Paul D. Landrew, Chairman of UNSS. “Without a meaningful, and regulatory compliant security and market to trade, it would be similar to the days of different and unique State currencies -- which prevented efficient interstate and international trading”
“We are beginning to see momentum build as real estate investors and owners understand how Entrex Carbon Offset Rights Agreements can build value for their properties” said Thomas Harblin, partner in the Entrex Carbon Market.
“Through Q3 and into Q4 our focus has been a lot of education about the mechanics of Entrex Carbon Offset Rights Agreements to individuals throughout the real estate sector,” said Watkins. “Although still finalizing execution – the well-defined processes and structures we’ve put in place should allow us to see short term results. And maybe more important shall allow this to quickly scale and become the industry standard.”
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