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FLRE Flameret Inc (PK)

0.001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Flameret Inc (PK) USOTC:FLRE 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% 0.001 0.0008 0.0015 0.00 21:42:01

Flameret Receives Inquiry to Test Its Textile Fire Retardant Product on the Uniforms for the People's Liberation Army of China

01/02/2012 1:00pm

PR Newswire (US)


Flameret (PK) (USOTC:FLRE)
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LAS VEGAS, Feb. 1, 2012 /PRNewswire/ -- Flameret, Inc. (OTCBB: FLRE) a leading provider of flame retardant products to various industries, announced today that it has received interest from a manufacturer's representative to test its flame retardant product on uniforms that will be worn by the People's Liberation Army.

The People's Liberation Army (PLA) is by far the world's largest military force with almost 3 million members. Founded in 1927, the PLA consists of five main branches. The PLA also claims the world's largest standing army with almost 2.25 million members.

Christopher Glover, Chief Executive Officer of Flameret, Inc. said, "This is by far the largest piece of potential business received by Flameret. Although there is no certainty that we would receive an order following the successful test, only one order from China would make Flameret a very large company over the next 12 months."

Mr. Glover continued, "We are waiting to receive samples of 'current issue' uniforms. After we receive these samples, we will then apply our unique non-toxic product and send the treated uniforms to United Laboratories for testing."

Glover concluded by saying, "We are very optimistic and excited about this opportunity. We have a high degree of confidence that our product will hold up to the most stringent testing standards by United Laboratories."

About Flameret

Flameret, Inc. has developed fire retardant products to suit a wide range of applications. These products are marketed under the brand names; Flameret, Flamex, Ultra Flamex and Impex. Flameret™ products are patented and held in the name of United American Inc.

Flameret's numerous flame retardant products are applicable for the manufacturing of an array of textile applications which includes mattresses, bedding, furniture, and clothing. The Company has designed fire resistant textiles fire barriers for this US standard and other world markets. Our complete fire retardant product lines should compete favorably with other competitors, because Flameret's™ fire retardants are highly effective and non-toxic.

Flameret Fire Retardant and fire resistant applications will be sold to separate industries. These industries include the fire resistant textiles industry, the military and the energy extraction industry (oil fields), the aviation industry, and forestry services. The Company expects to manufacture and sell Flameret fire retardant products for the treatment of textiles lines at the production stage for various textile products. In the near future Flameret also plans to offer a complete line of fire extinguishing products.

For information concerning Flameret, Inc., please visit the Company's website at www.flameret.com.

The press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to the Company's development program and any other statements that are not historical facts. Such statements involve risks and uncertainties, including, but not limited to, those risks and uncertainties relating to difficulties or delays in development, testing, regulatory approval, production and marketing of the Company's products, the uncertainty of patent protection for the Company's intellectual property or trade secrets, and the Company's ability to obtain additional financing. Such statements are based on management's current expectations, but actual results may differ materially due to various factors, including those risks and uncertainties mentioned or referred to in this press release.

Contact:

Chris Glover

CEO

1-877-861-0207

 

SOURCE Flameret, Inc.

Copyright 2012 PR Newswire

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