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PowerVerde, Inc. (PWVI) Financial News - PowerVerde Inc. Enters into a Letter of Intent with Endless Energy Inc. for Delivery of a Radial Piston Turbine Motor

PowerVerde, Inc. (PWVI)

PowerVerde Inc. Enters into a Letter of Intent with Endless Energy Inc. for Delivery of a Radial Piston Turbine Motor

Keywords: PowerVerde Inc. Enters into a Letter of Intent with Endless Energy Inc. for Delivery of a Radial Piston Turbine Motor, pwvi.ob
Quote: By teaming withPowerVerde we believe we can demonstrate a potentially disruptive energytechnology, designed to heat, cool as well as reduce the amount ofelectric power consumed by homes and businesses worldwide.” GeorgeKonrad, President of PowerVerde, commented, “It’s an honor to have ourtechnology validated by yet another visionary collaborator. EndlessEnergy is servicing an exciting space, and their technology andapplications are state of the art. While PowerVerde is focused ondelivering commercial quantities of renewable electricity to ourclients, Endless Energy has a broader approach and we look forward toworking with Keith and his company to provide solutions to ourcustomers’ energy needs.”About PowerVerdePWVINewswww.PowerVerdeenergy.com.About Endless Energywww.EndlessEnergyinc.com.Forward-Looking StatementsThis news release contains forward-looking statements within the meaningof the Securities Litigation Reform Act. The statements reflect theCompany's current views with respect to future events that involve risksand uncertainties. Among others, these risks include the failure to meetschedule or performance requirements of the Company's contracts, theCompany's liquidity position, the Company's ability to obtain newcontracts, the emergence of competitors with greater financialresources, and the impact of competitive pricing. In the light of theseuncertainties the forward-looking events referred to in this releasemight not occur....
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PowerVerde, Inc. Stock Summary

PowerVerde Inc., a development stage company, engages in the development, commercialization, and marketing of electric generating power systems to produce electrical power with zero emissions based on a patented pressure-driven motor. The company intends to manufacture and market its product, PowerVerde motor, which produces 10 kilowatts of net power for individual end users in the United States market. Its PowerVerde with its related Organic Rankine Cycle can be installed in multiple units for business, schools, hospitals, and other users of electrical power. The company was founded in 2007 and is based in Phoenix, Arizona.
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