Modern PVC Announces Buisness Strategy in the Compressed Natural Gas Sector
SCOTTSDALE, Ariz., Jan. 5, 2015 /PRNewswire/ -- Modern PVC Inc. (OTCQB: MPVC) ("Modern PVC Inc.," "MPVC" or the "Company") is a vertically integrated, compressed natural gas marketing (CNG) and distribution company. MPVC's business model removes the risk of upstream exploration or midstream intensive capital investment as the Company is able to provide the benefits of wholesale and retail gas sales with high margin value added products in addition to our CNG product.
MPVC takes delivery of natural gas at the well head, and compresses it for sale. MPVC secures upstream natural gas production by entering into purchase contracts with suppliers at a deep discount to the current spot price for natural gas. By removing the producer's capital costs of pipeline and infrastructure, as well as transmission line usage fees, MPVC is able to pass these savings on to the producer. MPVC has the knowledge and sophistication to hedge these existing physical delivery contracts to further mitigate our risk and costs.
MPVC has a unique approach to maximizing return on operations through capital efficiency. We are developing a mobile gas compression fleet that handles both processing and delivery. As a result of our streamlined operations plan, MPVC does not have to build the capital intensive infrastructure to collect and process natural gas into CNG.
MPVC will earn high margin revenue through the sales of CNG to major wholesale buyers such as corporate trucking fleets, by providing onsite delivery. Additionally, MPVC will provide services to the individual consumer wanting to refuel their natural gas powered vehicle and purchase high profit convenience and travel items from our CNG filling stations. Lastly, MPVC will generate revenue from franchise fees earned from franchising our CNG technology, filling stations and trucking units.
About Modern PVC Inc. (OTCQB: MPVC)
Modern PVC is a vertically integrated development stage niche market natural gas company without the risk of upstream exploration or midstream intensive capital investment: www.modernpvc.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, scope and type of consulting services provided by MPVC, use of proceeds, future acquisitions, success of projects, growth and strategic plans. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Modern PVC Inc.
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Craig Wiita
President, C.E.O.
+1-(480) 729-6235
SOURCE Modern PVC Inc.
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