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BETW Bettwork Industries Inc (CE)

0.000001
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bettwork Industries Inc (CE) USOTC:BETW OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Kender Energy Signs Malta LOI Agreement for 1000 Units Minimum Annually Sales Commitment for Its Solar Technology, With Markets

19/11/2009 9:00pm

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Bettwork Industries (CE) (USOTC:BETW)
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Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Letter of Intent (LOI) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries world-wide.

The earlier discussions with Malta Licensing & Distribution Network have resulted in an increase from the original 500 units per year to 1000 units per year minimum sales, in the definitive Letter of Intent (LOI).

"With distribution into North Africa, Greece, Turkey, the Middle East and the UAE the LOI agreement with Malta Licensing will accelerate our growth into these very important international markets," stated Sean Kelly, President and CEO of Kender Energy Inc. Mr. Kelly further states, "We welcome Malta Licensing and Distribution on the Kender Energy team with the goal to further populate the international world with our cutting edge solar technology."

About Kender Energy Inc.:

Kender Energy Inc. is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near Geneva, Switzerland. Its Website is www.kendersolar.com.

Safe Harbor Statement:

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

For more info contact: Annex Investor Relations Services KNDR@Annex-IR.com +1 (647) 351-7477 Kender Energy Inc. Sean Kelly President (41) 22 700 7648 investors@kenderenergy.com

1 Year Bettwork Industries (CE) Chart

1 Year Bettwork Industries (CE) Chart

1 Month Bettwork Industries (CE) Chart

1 Month Bettwork Industries (CE) Chart