Last $0.0002 USD
Change Today -0.0001 / -33.33%
Volume 7.6M
WTWO On Other Exchanges
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OTC US
As of 2:38 PM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

w2 energy inc (WTWO) Key Developments

W2 Energy Seeks Acquisitions

W2 Energy Inc. (OTCPK:WTWO) intends to make acquisitions. W2 Energy continues to seek acquisitions and speak to companies who have great potential synergetic values with W2 Energy. However, our main focus still remains on current plant operations and our CWS products.

W2 Energy Eyes Acquisitions

W2 Energy Inc. (OTCPK:WTWO) intends to make acquisitions. The company continues to focus on bio-fuel production and is entering negotiations with several possible acquisition targets in this field to expand our capacity and geographical market.

W2 Energy Inc. Appoints Wan Hasni as Chief Financial Officer

W2 Energy Inc. announced that it has appointed Dr. Wan Hasni as Chief Financial Officer. He holds a PhD in Finance from the University of Iowa, an expert in the global financial markets, where he used to serve in various capacity as Chairman, Directors, or CEO of several financial institutions in Asia. He also has tremendous experience in the Middle East markets, as well as Asian markets. As well as W2 Energy he currently serves as Advisor capacity to investment groups from the Middle East and Asia. Mr. Hasni will add strength to the company as CFO, whereby he is entrusted to engage the company into acquisitions of companies in the "clean fuel" business in Asia; and into "Power Generation" business. He will also lead the company in financial audits as well as corporate finance.

W2 Energy and W2h Luxembourg Holding Sa Sign Joint Venture Agreement with Ecobound SDN BHD

W2 Energy Inc. announced the signing of a Joint Venture Agreement between W2 Energy, its European JV partner W2H Luxembourg Holdings SA and Ecobound SDN BHD. The Joint Venture calls for the finance, development and implementation of W2H and W2 Energy technologies and products. An initial order for $500,000 has been placed and invoiced through a signed Purchase Agreement. The initial order includes seven 600 HP prototype steam ray rotary combustion engines and a CWS demo unit comprising of a 1,500 kg/hour Grinder Module, NT Plasmatron Module, Syngas Processing Module and a 300 kw Generation Module. The demo unit will be utilized for presentations and feedstock testing.

 

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