TAMPA, FL—via eTeligis—Kleangas Energy Technologies, Inc. (OTCQB: KGET) is pleased to report that our Subsidiary Green Day Technologies, has received and accepted another order for 5,000 Metric Tons of pellets to be delivered per month to South Korea over a 12 month period. This additional order represents a minimum of over $800,000 per month of income or a total value of over $10,000,000 for the next 12 months. KGET filed an 8K on Tuesday February 11th relating to this order.
Currently, Kleangas Energy wholly owned subsidiary, Green Day, is only limited on how quickly the pellet business can expand based on securing pellet production for the numerous orders in hand. As mentioned before, Green Day is working to secure more pellet production.
Final logistics are being wrapped up for the shipment of the first pellet order announced on January 16, 2014. There have been no issues in preparing for the delivery of this first order. This process just needed to run its course and is almost to completion for shipment to occur.
Bo Linton, CEO of Kleangas Technologies, Inc., stated, "I am very proud of our team to have taken a company with relatively no business to one with tens of millions of dollars in orders. It truly is going to be special to see the first ordered shipped and to actually record the revenue from the first shipment. We are anxious for that day which is quickly approaching."
Maxine Pierson, EVP of Kleangas, will be appearing on MoneyTV (www.moneytv.net) program Friday February 14, 2014 providing additional information to the investment community.
Kleangas:
Kleangas Energy Technologies is a research and development company dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. Kleangas designs, develops and markets various technologies including Oxy-Hydrogen on-demand generators, Reverse Fuel Cells, solar to Hydrogen fuel cells, and other products to deliver a clean gas that provides energy savings, emissions reductions of diesel fuel, and other natural gas applications. All of our products are designed to assist companies in reducing operational costs, providing a competitive advantage and increasing our customers' profitability. Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit. It is also powerful enough to serve as a primary energy source. Green Day also has pending contracts to sell refuse and biomass derived pellets which are alternatives to producing electricity instead of the traditional method of burning coal.
Safe Harbor Statement:
Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Company Contact:
Kleangas Energy Technologies, Inc.
http://www.kleangas.com/
Telephone 1-888-720-0806
FAX: 1- 888-720-0806
E-mail: info@kleangas.com
SOURCE: Kleangas Energy Technologies, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
KGET_2-12-14_ETL_KMG.docx
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