Scorpex, Inc. (SRPX)

[clydesur]

SPRX alerted by Penny Doctor

Scorpex, Inc. is taking the necessary steps to own and operate a full-service waste disposal and recycling company, capable of storing and disposing all types of waste, including those classified as industrial, toxic and hazardous.

SRPX is strategically positioning its location for the first Scorpex plant to be located in Baja California, Mexico.

In the past few months, SRPX has unleashed numerous announcements addressing its successful execution of the business processes.

Recently, SRPX announced that it has secured a $90 million financing commitment from The Helping Hands Foundation for Habitat and Humanity (“HHFHH”).

The commitment is for the financing of waste gasification/thermal oxidation equipment at SRPX’s previously announced site in Ensenada, Mexico. The financing is linked to the recent purchase contract signed with International Environmental Technologies, Inc.

“We [SRPX] continue to gain relationships like HHFHH to pursue our corporate goals. The next two months are extremely important for our expansion efforts on our initial site and our growth plan into other regions of Mexico.”

- SRPX Chief Executive Officer Joseph Caywood
The waste management industry provides enormous opportunity for companies such as SRPX, especially considering the recent global shift towards green technologies and protecting the planet from harmful substances.

The global waste and recycling industry collects more than 11 billion tons of solid waste and generates about $410 billion in revenue each year, according to the United Nations Environment Programme.

To read more about SRPX, please visit http://www.otcmarkets.com/stock/SRPX/company-info