MANILA, Philippines, Dec. 2, 2010 /PRNewswire/ -- It sounds too good to be true: a machine that can get rid of almost any kind of waste at a fraction of the cost of today's disposal techniques, eliminate existing landfills, and produce an excess of clean energy to be sold back to the grid. This very realistic process is called biosphere gasification. As a matter of fact True green energy Group has already produced a plethora of contracts in the Philippines, and Brazil, for immediate deployment of the new Biosphere MKV system that was built for them out of Thailand.
The Biosphere process of garbage disposal is self-sustaining and converts garbage into electricity. The benefits of the True Green Energy Biosphere system are evident. It is self-sustaining after the initial electrical charge is used; it is environmentally friendly; and it produces materials that have commercial applications or use and thus can generate profit. Aside from disposing of newly produced garbage, the system can also be used to dispose of accumulated landfill garbage so land reclamation is entirely possible.
True green energy group is a well-organized public company involved in Waste management. TGEG contracts involve the collection, transportation, processing, recycling and disposal, and monitoring of municipal solid waste over a 25-year period. TGEG Canada recently went public on the FSE. TGEG Canada Limited is a public company, ISIN Number CA8724191066, CUSIP number 872419106, trading on the Deutsche Borse AG under stock symbol TGG.
TGEG started its road show in late November. TGEG'S road show has been a repetitive series of meetings where the TGEG team of company presenters have been giving essentially the same presentation multiple times over the last few weeks in multiple cities. TGEG'S road show has been specifically geared for groups of international brokers, and one-on-one meetings with institutional investors or large stockholders. Each of these audiences have required different presentations based on their specific needs, so our management team has imparted a different set of information to each one. The pioneer shareholders of SBS who helped build the company will share with the institutional and large stockholders certain shares and warrants that will only be available to them until the end of 2010.
TGEG Canada holds an exclusive contract to deploy Biosphere systems in many countries including the Republic of the Philippines. World Energy Group is delivering the new Thailand Biosphere system to the port of manila for TGEG/SBSC and the city of San Fernando Philippines by January 2011.
Dr. Reza Arabpour, who is a financial advisor for many large companies and stockholders, said TGEG, falls right in line with Warren Buffets 4 essential important principles that any investor should follow.
- Invest to be a partner and invest long term in a business you understand.
- Invest in companies with predictable growth and high return of capital.
- Check out if the company gives candid performance reviews and share common goals with investors.
- Be greedy when the market is fearful and buy great companies at great discounts.
Every sensible investor should invest in companies considering himself as a part owner of the company and not as a speculator hoping to earn some quick money. This is the most important lesson one can learn".
Ronald Flynn, the Founder and C.E.O. of True Green Energy Group, said, "From the onset, we promised the original pioneer shareholders that they would get the first opportunity to participate just like a large stockholder would. Today we fulfilled that promise by going public, executing the road show, extending a certain number of shares and warrants of TGEG Canada (DB: TGG) for our pioneer share holders, and most importantly deploying the first ever MRF and Biosphere MKV to the Republic of the Philippines. The Founder went on to say I wish to thank every shareholder, for they're continuing support and look forward to the continued growth of our public company."
TGEG/SBS strategy is to "de-carbonize" the electric power generation industry by shifting to non-fossil fuel-based energy sources, specifically energy-from-waste. This follows the American Energy Policy Act of 2005 which confirmed energy-from-waste is renewable, and the Philippine Renewable Energy Law (RA 9513) of the Philippines.
True Green Group Canada is a domestic corporation duly registered under the laws of Canada and holds a license to the Biosphere Technology from Global Environmental Energy Corporation (OTC Bulletin Board :GEECF.PK - News). Global is a fully integrated energy company whose interests include electrical power generation, oil and gas exploration and production, clean coal and waste management technologies.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections.
CONTACT: Ronald Flynn
TGEG CANADA +639999989999
SOURCE TGEG Canada