Modern PVC Proprietary CNG Compression Technology to Revolutionize Natural Gas Sector
SCOTTSDALE, Ariz., Jan. 9, 2015 /PRNewswire/ -- Modern PVC Inc. (OTCQB: MPVC) ("Modern PVC Inc.," "MPVC" or the "Company") today wishes to announce that the Company has now developed a proprietary, patent pending compression system for natural gas which has applications for both compressing natural gas at the well head as well as vast usage in the transportation sector specifically in trucking and vehicles retrofitted for running on natural gas. Diesel fuel currently remains at a high cost even with the recent drop in oil prices, and the natural gas units for transport truck can provide considerable cost savings for trucking fleets.
MPVC has developed a mobile gas compression fleet that handles both processing and delivery. These road mobile trucking units can service producers that do not have the additional capital required to tie into a major existing pipeline network. We also expedite the delivery of natural gas to market in situations where additional land permitting and environmental studies are required before new pipeline can be laid. MPVC will save producers the cost of acquiring additional land, easements and leases.
MPVC also has developed individual truck compression units that, after installation, allow long and short haul trucks to run seamlessly on both diesel and CNG. We will be announcing further detail of this proprietary technology in future press releases.
This business model is amenable to franchising opportunities as our turnkey CNG filling stations can be established at a fraction of the cost of traditional gasoline service stations providing us and our franchise partners a higher margin on the fuel and a full range of high margin value added convenience products. We are also an operating company that is offering franchise investment opportunities in both our midstream division of mobile road units with delivery and processing and in our downstream division for retailing CNG and value added products from our turnkey CNG filling stations. We are able to offer our midstream and downstream franchisees a secured supply of price guaranteed natural gas and CNG.
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.: http://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.
- - - - - - - - - - - - - - - - - -
Craig Wiita
President, C.E.O.
+1-(480)-729-6235
SOURCE Modern PVC Inc.
Share this article