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LWCTF LCTI Low Carbon Technologies Inc (CE)

0.000001
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
LCTI Low Carbon Technologies Inc (CE) USOTC:LWCTF 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

LCTI Low Carbon Technologies International Inc. Subsidiary Awarded $1.8 Million Contract

02/04/2014 8:21pm

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LCTI Low Carbon Technolo... (CE) (USOTC:LWCTF)
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LCTI Low Carbon Technologies International Inc. Subsidiary Awarded $1.8 Million Contract

Announces Six New Contracts Secured by Subsidiaries

VANCOUVER, BC--(Marketwired - April 02, 2014) - LCTI Low Carbon Technologies International, Inc. (PINKSHEETS: LWCTF) (the "Company"), a diversified company focused on the clean-tech, construction, energy & energy efficiency, environmental, mining and real estate business sectors, today announced that their wholly owned subsidiary, Teposolar Technologies Corp., secured a $1.8 million energy efficiency contract for the Industrial Safety Training Center located in Beaumont, TX.

LCTI's other subsidiaries recently secured the following new contracts:

Beaumont ISD -- $404kLamar University -- $87kWestlake Polymers -- $99k EI Dupont -- $125k Davenport Office Facility -- $3.2mm Spindletop Center -- $55k

Bryan Scott Jarnagin, CEO of LCTI, stated, "We are pleased with the performance of our energy efficiency division. The company recently promoted Gerardo Hubard, former head of our energy efficiency division, and Brad Christ to Vice Presidents and they are doing a fantastic job of growing this segment of our business. Moreover, we recently completed our 1st quarter financial statements and based on our current share count of 139 million shares outstanding, we recorded an increase in book value from over $1.35 per share to over $1.88 per share. We believe this substantial increase in book value is representative of the value we continue to build for shareholders."

About LCTI Low Carbon Technologies International Inc. LCTI Low Carbon Technologies International Inc. is a diversified clean-tech holding company. LCTI acquires profitable operating businesses, and clean-tech technologies. LCTI utilizes its clean-tech technologies in the development of clean-tech projects. LCTI combines the clean-tech technology with each profitable operating businesses. LCTI also issues technology sub-licenses and in return receives equity in projects and/or the companies who are issued the clean-tech technology license. For more information please visit our website www.lctiinc.com. 

Safe Harbor This news release contains forward-looking statements. These statements fall within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Such statements are not historical facts; including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results -- all forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Other factors may cause the Company or the industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Investor Relations: David Waldman/Natalya RudmanCrescendo Communications, LLCTelephone: (212) 671-1020 x304Email: lcti@crescendo-ir.com 

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