TAMPA, FL, United States, via eTeligis Inc., 06/11/2014 – – Kleangas Energy Technologies, Inc. (OTCQB:KGET) is pleased to report today that the Company has completed the acquisition of Second Cycle Recycling, http://secondcyclerecycling.com
Bo Linton, KGET CEO, stated, “The Company’s acquisition of Second Cycle Recycling, has added a very important R&D aspect of our operations. Currently we are the only company that is making paper pellets without a binder. Our plans are to expand its current operation in Indiana and pursue the states various environmental incentive programs.”
Don Willis, EVP of SCR, stated, “The SCR acquisition by Kleangas will provide us the ability to greatly expand our current operations. For example we are currently producing and distributing Animal Bedding and Kitty Litter to local pet shops in central Indiana such as Critter Corner in Kokomo. With the increased capacity we will be able to expand to become a regional and possibly national supplier.”
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Kleangas Energy Technologies is a company dedicated to producing alternative clean technologies and products that promote energy efficiency throughout a wide range of applications. Kleangas private labels and markets Oxy-Hydrogen on-demand generators and through its wholly owned subsidiaries sells wood pellets as an alternative to coal and a waste heat to electricity patented technology. 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’s subsidiary G-PEL also has pending contracts to sell refuses and biomass derived pellets, which are alternatives to producing electricity instead of the traditional method of burning coal.
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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.