|By Marketwired .||
|March 31, 2014 08:15 AM EDT||
TAMPA, FL -- (Marketwired) -- 03/31/14 -- Kleangas Energy Technologies, Inc. (OTCQB: KGET) is pleased to report revenues for the first Quarter of the year and the first revenues ever for the Corporation. Payment for the initial order that shipped from the Port of Long Beach, California was received by the Company Friday, March 28, 2014. Since it was the Company's first payment received from an international letter of Credit it took longer than expected. The important fact is that the Company received its first Revenue ever.
"The initial shipping order was to work out the process on a smaller scale then try to resolve the challenges on an order of 5,000 Metric Tons or more," stated Bo Linton, CEO of Kleangas. "We are pleased the way the team responded to meet those challenges which ultimately culminated into the product being shipped to Busan, Korea."
Kleangas Energy Technologies is a company dedicated to producing alternative clean technologies and products that promote energy efficiency throughout a wide range of applications. Kleangas private labels and markets Oxy-Hydrogen on-demand generators and, through its wholly owned subsidiaries, sells wood pellets as an alternative to coal and a waste heat to electricity patented technology. Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit. It is also powerful enough to serve as a primary energy source. Green Day's subsidiary, G-PELL, also has pending contracts to sell refuse and biomass derived pellets, which are alternatives to producing electricity instead of the traditional method of burning coal.
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Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.