FT. LAUDERDALE, Fla., Jan. 15 /PRNewswire-FirstCall/ -- InfoSpi (OTC Bulletin Board: ISPI) are to create a Green Hedge Fund to provide further investment for the company's growth in the coming years.
"Taking carbon credit trading to a new level" is how CEO Chris Hamilton views this decision. "Funding change is the fundamental ethos behind this program."
As controlling and ultimately reducing Carbon Emissions feature so highly on the agenda of every Government, the demand for Carbon Offset Credits will grow. It is here that InfoSpi see a niche to generate investment revenue to support growth in their business.
Newly appointed Prince Carlos, who is heading up the fund stated, "We will fund the development of our projects from the revenue generated by the sale of the carbon credits that we have created by our technology for companies that need them to offset their emissions, almost like a closed loop." "This differentiates us from other hedge funds, as we control the production of the CO2 credits and therefore channelling the carbon 'tax' back as a solution to the problem. Of course the ultimate goal is to bring about change in how we capture and eliminate the emissions from our industrial demands."
A brief overview of the carbon trading market will tell the investors in InfoSpi that this may well present a very sound move. The New York Times recently reported that Carbon trading is one of the "fastest-growing specialties in financial services," and companies are scrambling to get a slice of the market now worth well over 100 billion and that could grow to $1 trillion within a decade.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of InfoSpi Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE InfoSpi Inc.