WTWO$ good week ahead.....
W2 Energy, Inc. (PINKSHEETS: WTWO) is pleased to announce that it is in the final stages of completion for its recently acquired Bio-diesel plant.
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 near completion. W2 Energy expects to have the plant fully functional and operating by August 01, 2012.
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
