LONDON, July 30, 2019 /PRNewswire/ -- E-Getx Limited
trading as ConFlow Power formally launches its Nano
Battery Device after rigorous due diligence and testing. The entire
team can confirm categorically that they have a self-generating
battery device which has withstood hundreds of self-renewing tests
to satisfy its partners. This world changing device is
There is a long way to go before the product can be sent to end
users, but demo units are in use and have been for several
months. Over the past few months the inventor and advisors
have been in negotiations with ILOCX and have reached an agreement
for the global strategic launch of the product.
ConFlow has today launched on www.PreILO.com, issuing 100,000
License Units in its Initial License Offering (ILO) for a 10% share
of their revenue for the next 3 years. ConFlow Power finalized its
listing on the early adopter's board within the ILOCX ecosystem
priced at $20.00 per license that
will bring in a total of $2,000,000
in pre-sales for the ILO. The company will use the capital infusion
generated by the sale of the ILO to enhance sales revenue and
deploy the ConFlow Power Device into multiple channels.
ConFlow Power achieves fast results based on the growth strategy,
which enables a fast, safe and secure execution of what promises to
be a total market dominance.
ILOCX Chief Executive, Edward
Fitzpatrick said, "Working closely with the inventor and
advisors over the past few months has been truly fascinating. I
have learned so much. Firstly, this device could bring a rare and
truly enormous market shift. Secondly, coupling this with our own
innovative platform, using collaborative capital and marketing,
better serving companies like ConFlow Power helping them come to
the capital market with a smarter approach instead of using equity
or debt. This develops an innovative and efficient smart
partnership between the capital markets and the companies that rely
on them. Showcasing another and equally big market shift."
ILOCX Limited formally notifies all parties of its ownership in
"E-Getx Limited" as a substantial, but not controlling shareholder.
As part of an earlier acquisition of the technology, IP, and
patents, "E-Getx Limited" and ILOCX entered into an agreement
to accelerate the ConFlow Power device to market using a
combination of underwriting, acquisition, and strategy. This also
includes a rigorous schedule for testing, databasing and regulating
the ConFlow Power technology, making it fully ready for market.
ConFlow Power's listing on PreILO is a stepping stone to the
next level. PreILO speeds the company into revenue-ready status.
Then, as agreed upon, the company will elevate its listing to the
main board. The PreILO platform has already successfully funded all
projects listed on the platform to date.
About ConFlow Power
ConFlow Power was acquired this year for an undisclosed sum by
E-Getx Limited in London, England.
This transaction was underwritten by ILOCX Limited, who became a
significant shareholder as part of the transaction. ConFlow Power
has developed a renewable generator using a combination of Nano
technology and Nano film, coupled with natural gases in the
atmosphere, to create a totally self-renewing power source, hence
the name ConFlow for a 'Continuous
Flow'. ConFlow Power looks like a battery and acts like a
battery, but is in fact a combination of an on-board generator and
a capacitor, performing similarly to a battery or electric power
source. The ConFlow Device can be used in a multitude
of sectors, including electronics, automobiles, computing and
mobile communications. It also has heavy industrial capabilities
and applications that stretch into many, if not all, landscapes.
ConFlow Power has adopted a strategy to use GCLs (Global
Conditional Licensing). Global licenses will be issued under
regional and sector conditions to enhance the speed to market and
create a mass footprint for global manufacturing.
ILOCX is the Initial License Offering Contract
Exchange, a platform where innovative companies can list
License Offerings. Buyers of these licenses agree to participate in
the company's growth by promoting them on social media all the way
to becoming an affiliate. ILOs are a truly Collaborative
Capital partnership blending a Collaborative Marketing
concept that reaches more people than is possible under any other
method. Unique marketing campaigns are generated by 1000s of ILOers
that by nature must reach more niche groups, as they themselves are
niche. The ILO structure, created by ILOCX, completely bridges the
gap between Capital and Company. There is no one else involved.
ILOs are licensing contracts that permit the ILOer to promote the
company's approved information to a wide audience for the purpose
of perpetuating sales. This system drives sales revenue and then
rewards it on both sides. ILOers get a percentage of the company's
gross revenue, similar to a commission, for their promoting
activity. This lasts for a 3-year term, after which the company
elects to either roll the license again, buy it back, or
convert it to equity in the case of a stock market listing.