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VTXB Vortex Brands Company (PK)

0.0002
0.00 (0.00%)
Last Updated: 13:51:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vortex Brands Company (PK) USOTC:VTXB 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% 0.0002 0.0002 0.0003 0.0002 0.0002 0.0002 589,016 13:51:50

Vortex Brands Announces Completion of First Production System

13/11/2019 2:00pm

InvestorsHub NewsWire


Vortex Brands Announces Completion of First Production System

SACRAMENTO, CA -- November 13, 2019 -- InvestorsHub NewsWire -- Vortex Brands Co. (USOTC: VTXB) announced the completion of the first Phase Angle Synchronization (PAS) system after receiving funding just two weeks ago for its production.

 

"We are evaluating select locations for viability in concert with Tripac Systems to ensure the scale matches the need for this first installation in the field," said Vortex Brands Co. CEO, Todd Higley.  "This is a great opportunity to practice and perfect training and installation procedures as we prepare to meet expected demand for this solution."

 

One of the sites under consideration was offered as part of an invitation from a technology vetting organization who receives funding support from the California Energy Commission and whose program is administered by prominent California colleges.  An installation at the recommended facility will be done as a courtesy gesture to support energy conservation efforts in the State of California in exchange for the technology evaluation by the program's engineers and not a part of the planned pilot program.

 

"Doing the assembly on this first system allowed us to learn a few lessons on perfecting our manufacturing and assembly process," said Bob Widner of Tripac Systems. "Additionally, we expect to provide a major announcement regarding the manufacture of the PAS systems for the pilot program prior to the Thanksgiving holiday."

 

Higley added, "In the coming weeks we will release the anticipated economic and environmental impact from our pilot program and provide more in-depth industry background and history that showcases the solution PAS technology provides and its timely debut to finally improve electrical distribution infrastructure."


To learn more about Vortex Brands Co. and this press release please visit https://www.smallcapvoice.com/vtxb/.  Keep an eye out for upcoming an audio interview with the team at Vortex Brands Co.
 


About Vortex Brands Co.

 

Vortex Brands Co., under the dba Vortex Green Energy will provide as a service multipurpose Phase Angle Synchronization (PAS) equipment to electric utilities nationwide. PAS is a one-of-a-kind technology designed to address a one-hundred-year-old inherent problem that was thought to be unsolvable: the inefficient power consumption caused by electric motors. Improving consumption efficiency will extend the life of the grid by protecting it from excessive wear and damage, improve grid reliability by reducing line congestion and increasing reserve margin, while creating true cost savings for the utility at no cost for the equipment. Instead, revenue is generated under a Share-of-Savings business model wherein the utility shares the savings with Vortex created by the PAS service on a monthly basis. PAS is designed to address industrial and commercial use applications in a scalable solution where the majority of wasted electricity occurs, and the largest opportunity exists. Clients of the utility benefit from progressing toward carbon footprint reduction goals without capital expense or investing in any new equipment. Operations initially are focused in California before expanding nationwide. For more information visit: http://VortexGreenEnergy.com/video 

 
About SmallCapVoice.com, Inc.

SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and its services, please visit http://smallcapvoice.com/the-small-cap-daily-small-cap-newsletter/

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Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.


Source: Vortex Brands Co.

info@vortexbrands.us

 

 

 

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