SCOTTSDALE, Ariz., Jan. 12, 2015 /PRNewswire/ -- Modern PVC Inc. (OTCQB: MPVC) ("Modern PVC Inc.," "MPVC" or the "Company") is very pleased to announce the publication of an analyst report providing a synopsis of MPVC. Murphy Analytics (MA) has published a company overview on Modern PVC Inc. (OTCQB: MPVC). The report contains a discussion of MPVC's planned business operations, market dynamics, financials, and risks. The report is available at: http://www.murphyanalytics.com/uploads/MPVC_Report.pdf.
Analyst Patrick Murphy notes in the report:
"Modern PVC's overall strategy is to benefit from participation in the production, processing, transportation and sales of natural gas assets in North America. Through the strategic partnership with GO CNG technology, which will provide filling equipment, conversion kits and transport units, MPVC reports that users will have the flexibility to operate on traditional fuels when NG infrastructure is absent"
"Outlook for MPVC: Operating projections call for $14 million in 2015 revenue growing to $70 million by 2019, with net income projected by MPVC at $5.9 million in 2015, growing to $29.7 million in 2019. Utilizing a 20x price / earnings multiple derived from the PowerShares Cleantech Portfolio (PZD) and NASDAQ Composite (QQQ) indices, the implied market cap for MPVC would be $118 million growing to $594 million in 2019 if MPVC is able to deliver its projected operating results."
Company President Craig Wiita states "The Analyst Report prepared by Patrick Murphy, CFA provides an excellent examination of MPVC and its multi-faceted ability to provide shareholder value due to its potential five income streams comprised of:
1) Private Fueling: Sales of CNG to major corporate trucking fleets.
2) Public Fueling: Providing CNG to consumers from MPVC stations.
3) Mobile Fueling Stations: Mobile stations targeting off road trucking customers at gravel / mine sites.
4) Franchise Stores: A chain of franchise stores that install conversion units for cars and trucks.
5) Joint Venture Fueling Stations: MPVC intends to work with existing service stations to install compressors and dispensers at existing sites with both parties earning a percentage of the CNG sales."
About Murphy Analytics
Utilizing institutional caliber, fundamental analysis, Murphy Analytics helps readers become more informed about equities without extensive analyst coverage. Murphy Analytics LLC is owned by Patrick J. Murphy, who has nearly 20 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.
Contact: Patrick J. Murphy, CFA [email protected]
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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SOURCE Modern PVC Inc.