2008-07-15 08:45:00
NEW YORK, NY–(EMWPresswire – July 15, 2008) – W2 Energy Inc. (
of green energy, announced today it has received confirmation of de-listing
from the Frankfurt Exchange as at July 14th, 2008 of its common shares
under its present CUSIP number.
Mr. Michael McLaren states, “W2 Energy will now re-list a new class of
shares on the Frankfurt Exchange immediately to provide our shareholders
with the proper liquidity and visibility in both the US and European
market.”
W2 Energy Inc. decided it was a necessary to list a separate class of
shares on the Frankfurt due to certain trading irregularities and the
possible ability to naked short W2 Energy’s common stock. By listing a new
class of common shares, the company will disable any ability to manipulate
our American market before and after trading hours.
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops
renewable energy technologies and applies it to new generation power
systems. Specifically, W2 Energy Inc.’s plasma assisted biomass-to-energy
plants utilize state-of-the-art technologies to produce green energy both
fuel (sulfur free diesel) and electricity at the most efficient cost in
capital investment and production per/barrel, per/Megawatt.
Safe Harbor for Forward-Looking Statements: Except for historical
information contained herein, statements are forward-looking statements
that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
involve known and unknown risks and uncertainties, which may cause the
company’s actual results in the future periods to differ materially from
forecasted projections. These risks and uncertainties include, among other
things, energy market volatility, product demand, market competition, and
risk inherent to the company’s research and development operations.
For further information, please contact: W2 Energy Inc. info@w2energy.com www.w2energy.com |
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