Vortex Brands Identifies 30 Pilot Program Sites In Detroit Michigan
06 Juin 2019 - 3:00PM
InvestorsHub NewsWire
Vortex Brands Identifies 30 Pilot Program
Sites In Detroit
Michigan
SACRAMENTO,
CA -- June 6, 2019 -- InvestorsHub NewsWire -- Vortex Brands Co.
(USOTC:VTXB)
announced today that the company is preparing for
a
pilot
program in Detroit Michigan.
CEO Todd
Higley stated, "We are pleased to
announce that we are meeting with a group of energy experts next
week that have mapped out 30 locations at large industrial
facilities in Detroit that will serve as locations for a mass pilot
installation. This team will manage the installation and
monitor the results closely once the units are in
place. This
team will also help
to facilitate
contracted revenue agreements based on overall
results."
Mr. Higley
continued with, "We are also
in negotiations with a joint venture partner who has exclusive
technology focused on reducing the end-user energy
requirements. Our PAS technology will serve as an enhancement
to their offering. There are applications with their product
that may be implemented as part of the Detroit project."
Mr. Higley
finished up with, "This week we will also be interviewing an
additional board member who has experience creating value for
end-users
through various state laws related to carbon reduction and energy
efficiency. We are pretty confident that he will be joining
us and will make a formal announcement on his appointment in the
coming weeks."
About Vortex
Brands Co.
Vortex Brands
Co., under the
dba Vortex Green Energy will provide as a service multipurpose
Phase Angle Synchronization (PAS) equipment to electric utilities
nationwide. PAS is a one-of-a-kind technology designed to address a
one-hundred-year-old inherent problem that was thought to be
unsolvable: the inefficient power consumption caused by electric
motors. Improving consumption efficiency will extend the life of
the grid by protecting it from excessive wear and damage, improve
grid reliability by reducing line congestion and increasing reserve
margin, while creating true cost savings for the utility at no cost
for the equipment. Instead, revenue is generated under a
Share-of-Savings business model wherein the utility shares the
savings with Vortex created by the PAS service on a monthly
basis.
PAS is designed to address industrial and commercial use
applications in a scalable solution where the majority of
wasted
electricity occurs, and the largest opportunity exists. Clients of
the utility benefit from progressing toward carbon footprint
reduction goals without the capital expense or investing in any new
equipment. Operations initially are focused in California before
expanding nationwide. For more information visit: http://VortexGreenEnergy.com/video
Notice
Regarding Forward-Looking 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.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. 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 any beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate.
Source: Vortex
Brands Co.
Todd
Higley
info@vortexbrands.us
Vortex Brands (PK) (USOTC:VTXB)
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