Sustainable Power Corp. Becomes Revenue Producing Company
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Sustainable Power Corp. Becomes Revenue Producing Company
2008-08-13 10:30 ET - News Release
BAYTOWN, TX -- (MARKET WIRE) -- 08/13/08
Sustainable Power Corp. (PINKSHEETS: SSTP) is pleased to announce today that it has received its initial payment on the 7,000 gallons of biocrude that was purchased by the company's strategic partner, Envirocompanies, Inc. This payment represents the beginning of the income stream for Sustainable Power Corp. from its products. The biocrude is further refined and processed into BG100 biogas, jet fuel, gasoline, diesel, and marine fuel, Sustainable Power Corp. which will produce additional future income. Sustainable Power Corp. anticipates additional biocrude deliveries to Envirocompanies, Inc. this month and larger, more frequent deliveries next month. At the present time, Sustainable Power Corp. is pleased with the production from the operating reactor, but it is still working to upgrade existing components to maximize output.
John Rivera, Chairman and CEO of Sustainable Power Corp., stated, "Our goal is to consistently maintain our daily output of biocrude over the next few weeks, upgrade our reactor utilizing new components, and then begin to increase production resulting in consistent revenue growth."
About Envirocompanies, Inc.
Envirocompanies, Inc. is provided to our current and future clients to showcase the abilities, products, and services of seven very successful companies. All of our companies are built on the belief that hard work, honesty, and a can do attitude can accomplish anything. We strive to be the best at what we do, and it shows in everything we provide to our clients and customers. The seven companies making up Envirocompanies, Inc. are: Enviro Solutions, Enviro Waste Solutions, Petrofuels Quality Marketing, Petroleum Express, Webb Communications, Bayou Construction and High Island Petro Chemical. These seven companies are all the very best at what they do in their perspective fields.
About Sustainable Power Corp.
Sustainable Power Corp. is an international green energy total service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green energy plants utilizing a renewable fuel source able to be produced from non-food feed stock. For more information please visit www.sstp.us.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Investor Contact:
Fusion Consulting Group, LLC.
601 Whitney Ranch rd.
Building C, Suite 16
Henderson, NV 89014
Phone: (702) 434-8692
Fax: (702) 436-6972