From the Wires
GDT TEK Inc. Submits Offer for acquisition of a Green Company located in the Mid-West
By: PR Newswire
Jan. 10, 2013 03:04 PM
LARGO, Fla., Jan. 10, 2013 /PRNewswire/ -- GDT Tek, Inc., (OTC: GDTK) a company focused on renewable and sustainable green energy technologies announced today that it has submitted an offer to acquire a Green Company located in the mid-west. The offer if accepted will provide the Company with a completely self-sustained green business, which is part of our business plan. This plan includes national deployment of our proprietary, "Phoenix" Unit which is patented technology that uses waste heat to generate electricity.
Bo Linton President of GDT TEK, Inc. stated, "This is rare opportunity for GDT Tek to acquire a green business that fits our business model in location that provides incentives to increase its green productions. If the offer is accepted, our goal would be to complete the acquisition before the end of this fiscal year."
About GDT Tek, Inc.: is a Florida-based publicly traded company (OTC: GDTK) focused on renewable and sustainable energy technologies. The company has licensed patented waste heat to electric power generation technology and is driving its adoption by power plants, landfills and other waste-heat generating industries. GDT Tek's waste heat to electricity systems are powerful enough to serve as a primary energy source, highly efficient, immediately cash-flow positive when installed under a Power Purchase Agreement and are scalable with system sizes from 150 KW/Hr to 5000 KW/Hr currently available. The GDT Tek system has been proven through a long-term five year installation at a San Jose, California-area landfill. Waste heat captured from landfill-generated methane gas generator engine exhaust and radiator jacket coolant systems is used by the GDT Tek system to generate electricity which is then sold to the grid.
RTR Global Investments, LLC is a wholly owned subsidiary of GDT Tek, Inc. Its holds projects, contracts, and power purchase agreements for its parent company GDT Tek, Inc.
GDT Tek, Inc.'s website is www.gdttek.com, which is in the process of being updated; please sign up for our newsletter (http://www.gdttek.com/info-signup.php) for future information about the company.
Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as GDTK or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
For additional information please contact: Investor Relations email@example.com
SOURCE GDT Tek, Inc.
Latest Cloud Developer Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week