Revonergy CEO Discusses Recently Announced Private Placement in Audio Interview
18 Februar 2011 - 2:15PM
Marketwired Canada
Revonergy Inc. ("Revonergy" or the "Company"), (OTCBB:RNRG) announces that Ravi
Daswani CEO of Revonergy was recently featured in an interview respecting the
Company's recent announcement of the private placement agreement with Hong Kong
based Global Financial Network Limited ("GFN"). Under this agreement GFN may
purchase up to $800,000 of restricted common shares of Revonergy Inc.
In the interview Ravi Daswani discussed Revonergy's business model, potential
projects including financing plans and options.
Included in the interview are comments from Ravi Daswani on the focus of
acquiring US based cash flow assets providing the Company with a significant
array of acquisition opportunities. Ravi Daswani underlined the bankable nature
of the target assets, and how he expects this to provide significant income and
to be highly anti-dilutive to Revonergy common shareholders.
Gregory Pek outlined his views on the business and management of Revonergy, and
GFN's motivation for entering into the share purchase agreement.
This audio interview is available for download here or can be heard directly
from the Revonergy website.
About Revonergy Inc.
Revonergy Inc. is engaged in the acquisition, development and operation of
renewable energy power plants globally. The Company is focused on renewable
energy projects that have the potential to generate long-term stable cash flows
and renewable energy credits.
Additional information can be found at www.revonergy.com.
About Global Financial Network Limited
Global Financial Network Limited was established in Hong Kong about a decade ago
to take advantage of an assortment of personal and international relationships
to provide venture capital to development companies, assist companies in
networking and planning their development programs not just respecting capital,
but other business, reporting and corporate government issues. Global Financial
Network Limited also has provided discreet financial and trust services to other
venture capitalists.
IMPORTANT DISCLAIMER: This news release may contain "forward-looking"
statements. These forward-looking statements are only predictions and are
subject to certain risks, uncertainties and assumptions. Actual results may
differ materially from the forward-looking statements in this press release.
Additional risks and uncertainties are identified and described in the Company's
SEC reports. Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Company does not
undertake, and the Company specifically disclaims, any obligation to update any
forward-looking statements to reflect occurrences, developments, events, or
circumstances after the date of such statement.
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