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Share Name | Share Symbol | Market | Type |
---|---|---|---|
MPM Technologies Inc (CE) | USOTC:MPML | 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% | 0.0001 | 0.00 | 01:00:00 |
CCP has met with several companies that will play a critical role in constructing a waste-to-value demonstration facility, including:
CCP also is meeting with representatives from several communities to select the demonstration facility location.
Spokane-based Carbon Cycle Investments ("CCI") acquired a controlling interest in MPM, following a stock purchase agreement in April 2013. A driving force behind the stock purchase agreement was the opportunity to create a demonstration site for CCP's gasification technology.
"Once this demonstration facility is completed, we are confident it will be viewed as a global standard for waste elimination as well as an alternative for the production of electricity and renewable fuels," said Brian Burrow, interim CFO for CCI/MPM. "The ability to produce energy from the planet's vast supply of biomass and municipal waste is both sustainable and necessary."
About MPM Technologies, Inc.: MPM is a leading global manufacturer of environmental control equipment and a developer of waste-to-value energy solutions. MPM has offices in Spokane, Wash., and Ramsey, NJ. www.mpmtech.com. CCP is a wholly owned subsidiary of MPM that develops waste-to-value energy solutions through the deployment of photon-induced plasma arc gasification technology. Based in Spokane, Wash. www.carboncyclepower.com
About Carbon Cycle Investments, LLC: CCI is a holding company that develops, acquires and manages businesses that stimulate social, economic and environmental sustainability. CCI is based in Spokane, Wash. www.carboncycleinvestments.com
FORWARD-LOOKING STATEMENTS: The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our 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. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
CONTACT: Brian Burrow, Interim Chief Financial Officer bburrow@cciholdings.com 509-242-3036
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