Wednesday, February 26, 2014 7:39:51 AM
GUELPH, Ontario, June 26, 2012 /PRNewswire/ -- W2 Energy, Inc. (OTC: WTWO) has been notified of a minor correction regarding information publicly disseminated about Dubai based EGM World LLC (referred as "EGM").
In previous press releases, while giving a description of EGM, it was reported that EGM was funded by the Royal Investment Fund of Abu Dhabi. W2 Energy stands corrected by stating, "EGM was actually funded by the Emirates Investment House in Abu Dhabi."
As previously reported, W2 Energy through its Joint Venture Partnership with W2H of Luxembourg Holdings SA, signed an Agreement with EGM World LLC for the immediate development of a demonstration plant in Dubai for the testing of EGM's fuels with W2 Energy's technology. Upon successful results, a binding financial commitment of $10 million dollars (USD) given by EGM shall be released for joint development projects.
oh no not again...more vaporware fluff
imo
aJJa
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