MC Endeavors, Inc. Offers a Business Update

AUSTIN, Texas, Jan. 12, 2012 /PRNewswire/ -- MC Endeavors, Inc. (PinkSheets: MSMY) (MCE) is pleased to announce a reorganization of the company's operations, the retirement of 158,336,885 shares back into the company treasury, and that it continues to pursue business with respect to its primary products.

CEO Tim Algier stated, "After a disappointing last quarter of 2011 and a few months of unexpected events, we are looking forward to an exciting and prosperous 2012 after the restructuring of the company, the opening of a new office in the business friendly State of Texas, the prospects of consummating international product sales after building the groundwork over several months, and the successful closure of some projects that have carried over from last year."

"Although we have been quiet for a while, we have not been idle. We apologize for the lack of news in recent weeks but we felt it was best to delay any updates until the unexpected significant sales of shares in October by pre-merger shareholders and others were exhausted."

MC Endeavors is pleased to announce that Ricki Groetzmeier has been added to the Board of MCE and as a new Officer with the title of Secretary/Treasurer. We have also added Israel Sanchez to our team as Director of Design Development.

The restructuring and the reversal of purchase agreements with Western Door and Seismic Foundation resulted in retiring over 158M shares back into the treasury which brings the total number of shares returned to 500M over the last 6 months. This has resulted in a new Issued & Outstanding Share count of 210,132,694 of which approximately 48% remain restricted at this time. Management believes this action demonstrates a commitment to the shareholders to improve the share structure thereby adding value to those remaining with us.

The new office in Austin is strategically located in the Texas Capital between major oil company offices in Dallas, our product testing lab located in San Antonio at the Southwest Research Institute, and the port city of Houston.

In November we exhibited at the Texas Alliance Energy Expo, which is a smaller version of the big show to be held in Wichita Falls, Texas in April where we plan also to have an exhibit booth. We made a number of very good business contacts at the show to add to our growing database of companies in the Oil Exploration and Oil Services Industry which we contact via email on a weekly basis. A number of our products are of interest at these shows, including our disaster resistant manufactured housing made from steel components, transportable in-the-field rig-shacks for drill-rig operator lodging, barge housing in container apartments, and of course our natural biodegradable oil-spill clean-up materials and services. The increased activity in the oil fields in distinct segments of the country has brought serious interest in these products.

On the international front, our business partner Cornelius Shogunle of Fiscal Dynamics Limited is leaving for Nigeria during the first week of February to work with his sales and service teams executing our joint path forward with oil-spill clean-up projects using our biodegradable products DualZorb® and PondZorb®, both made of all-natural cellulose material that immediately breaks down oil and any hydrocarbon molecules into a non-toxic environmentally safe inert mixture that can be tilled into the soil and just left to decompose. The Nigerian market for our products is forecast conservatively at $10M over the next few years.

We also have a business partner, Eddy Daniel, who is working on the ground for us in Haiti. Today is the 2nd Anniversary of one of the most devastating natural disasters in history that struck that already impoverished island nation. People have been living in tents, essentially camping for two years now as international contractors are still clearing debris. The turmoil, poverty and disorganization experienced by Haitians across their homeland are unfathomable for most Americans. Haiti today looks like the earthquake happened two months ago, not two years ago. Where did all the aid money go? According to a November 2011 report by the U.S. Government Accountability Office (GAO), of the $1.14 billion of U.S. money allocated by Congress for Haiti reconstruction, only 20 percent or $184 million has even been obligated, and most of this money, $120 million was transferred to the Haiti Reconstruction Fund. Less than 1 percent of the $412 million in U.S. funds specifically allocated for infrastructure reconstruction activities in Haiti had been spent by USAID and the U.S. State Department and only 12 percent has even been allocated. So there is still a long way to go in the reconstruction of commercial and residential buildings in Haiti.

Please know that MC Endeavors, Inc. is committed to moving forward and building shareholder equity as responsibly and quickly as possible. We will continue to focus on the building of this company and we intend to make every effort to update you concerning our achievements and progress.   

MC Endeavors, Inc. is a global smart-home builder and self-sustaining community developer of natural disaster resistant building systems that utilize steel framing or steel shipping containers with rigid closed-cell foam insulation instead of conventional wood framing and rolled fiberglass. MCE integrates green technologies including solar, wind, and biogas powered generators that are ideal for durable transportable oil field rig-shacks. We also provide water and soil biodegradable-remediation from oil, chemical and sewage spills after natural or manmade environmental events with our patent pending DualZorb®, PondZorb® & AcidZorb® products.

FORWARD-LOOKING STATEMENTS

The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward–looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Contact information:
Gary Patterson & Associates
Phone:  714.369.2933
Email:  [email protected] 
Website: www.MCEndeavors.com

SOURCE MC Endeavors, Inc.