Tuesday, August 19, 2014

Jean-Michel Cousteau: "The Future of Water – The Challenges and Solutions"

Q&A with Jean-Michel Cousteau: "The Future of Water – The Challenges and Solutions"

Founder of the Ocean Futures Society and Advisory Board member of Ecosphere Technologies, Inc (ESPH) Shares a Legacy of Insight

New York, NY - August 19, 2014 (Investorideas.com Water Stocks Newswire) Investorideas.com, a global news source covering leading sectors including water and environment, issues an exclusive Q&A interview with Mr. Jean-Michel Cousteau, a leading environmentalist and film producer, as well as Advisory Board member of Ecosphere Technologies, Inc (OTCBB:ESPH). Jean-Michel’s name carries a legacy of love of the oceans and a passion to conserve and protect them. He is the founder of the Ocean Futures Society, a non-profit marine conservation organization.

Jean-Michel Cousteau discusses the current global state of our oceans and water sources and what we can all do to help protect them. He also shares insight on how technology can play a key role.


Interview:
Q: Investorideas.com
Jean-Michel, as an explorer and environmentalist, what are you seeing as the greatest challenges for marine conservation and the health of our oceans?

A: Mr. Jean-Michel Cousteau
I think the general public doesn't completely understand that we are totally connected to the water system whether you live near the ocean or live far away from the ocean - there is one water system. And symbolically anytime you drink a glass of water you're drinking the ocean. So the quality of the water system is likely linked to the quality of our lives. There are 7 billion people on the planet and we add another 100 million people every year, increasing the pressure on the environment. And we need to come up with solutions to be able to solve the problems that we have created, not purposefully but by our mistakes or lack of understanding.

There are millions of species that disappear. We, the human species, are the only species that I know of that have the opportunity to either disappear or not disappear, because of the tools that we have, our hands and our brain. And, I am a very, very strong believer that we are going to do the right thing. We are going to do the right thing in order to make sure that, as a species, we will continue to be around for a very long time.


Q: Investorideas.com
What are the biggest contributing factors impacting the current state of the oceans?

A: Mr. Jean-Michel Cousteau
Well, the biggest contribution is mismanagement of our resources; the lack of understanding on how much we affect the quality of water, and the quality of the ocean in particular, by allowing untreated sewage. And it's not just what you see because our primary sense is vision, but it's what you don't see; chemicals and heavy metals which are affecting the entire coastlines of the planet. We also have an issue with fishing because we're taking more than nature can produce. So just like what we did on land when we were taking more than nature was producing, we became farmers. We need to do what we've done on land. We need to farm herbivores, not carnivores. Farming carnivores takes too much from nature to make the food and that becomes very expensive. I am encouraging fishermen to become farmers, and if not them their children.

In addition, because of climate change and our emission of CO2, we have a huge issue which is relatively new in the minds of the scientific community and ourselves, and that is acidification. Acidification has major impact. We are finding significant impacts on different creatures, whether it's coral reefs or plants or shells, whether it's sea shells or shellfish.

Crabs, lobsters, shrimps may have their shells softened and ultimately they will not be able to replace them. So we have major issues and that is directly linked to our emission of CO2, which affects the ocean.


Q: Investorideas.com
Where are you seeing any positives? And in that context, what role do you see technology playing? Are we making any dents in these overwhelming problems?

A: Mr. Jean-Michel Cousteau
Well, education for me is number one. Diplomacy is number two. We need to go and sit down with decision makers whether they are in industry or government. Let's not forget that people in industries have to show a profit at the end of the year, otherwise they lose their job. But they also have families that they care about. And government, if they haven't done what the public is expecting, or what they promised to do, they will not be re-elected in November. So we need to sit down with these people, never pointing a finger, and literally have a dialog, whereby they understand that we need to treat nature like you treat a business. We can only live off of the interest that is produced by nature without depleting the capital.

Today we are taking more than what nature can produce and we heading toward bankruptcy. We don't want to go there. We didn't know that before, but now we do. And there are people coming up with some amazing solutions and I have to say that Ecosphere Technologies, Inc. for the last many years has been focusing on developing solutions to take care of some of the problems that we are facing today.


Q: Investorideas.com
Can you give us some insight as to your role as an Advisory Board member at Ecosphere Technologies, Inc. and what attracted you to the company and its technologies originally?

A: Mr. Jean-Michel Cousteau
Well I have been involved since the Company’s very beginning. I remember being in New York City in 2001 pumping the water out of the Hudson River which was loaded with - possibly dead dogs and cats, but more likely a lot of pollution from chemicals or heavy metals. We were pumping that water through an Ecosphere water filtration system. As it came out of the system, I was drinking it. And I'm still alive and pretty healthy. Although this is only one example I think that the technologies that Ecosphere has created need to be expanded worldwide. And we can help a lot of people to make sure that they keep their health at the highest possible level with clean water.


Q: Investorideas.com
When it comes to treatment technologies and solutions in marine areas that have been subjected to oil spills or other contamination, what you are seeing first–hand in terms of corporate preference and results? Are companies opting for clean, environmentally sensitive technologies or resorting to more traditional chemical solutions? And in that light, based on the technology of choice, how are you seeing that directly impact the marine wildlife and aquatic eco-system?

A: Mr. Jean-Michel Cousteau
Well, all these technologies are impacting the environment. We, as individuals, impact the environment, including the air we release out of our mouth, our nose. So, we have to understand that we have to face up to a lot of issues. And there is very good news thanks to companies like Ecosphere which are addressing some of these issues. And I believe that, as we identify what the problems are, we find solutions. But, as I said earlier, we have to sit down with the big corporations, big industries, and deal with the economic aspects of it. Help them understand that they can change, for example, from their traditional way of creating energy to being able to find new ways, and economically save a lot of money with new approaches. And ultimately, our health will be less impacted, and on and on and on. So I think we are in a very exciting time in our history.

And I'm looking at being able to sit down with any industrial leader and I never point a finger. If we reach peoples’ brains and hearts and we try to come up with ideas, we can help them go in a direction which will solve a lot of the problems we've created. And you know, then again, whether it's in government or industries, these people have families and they care. They want to do the right thing, but we need to help. And thanks to science and new technologies, we can make that happen.

There are ways of capturing the energy from the sun, from the wind, from the wave’s action, from the rivers, from the difference of temperature between the deep ocean and the shallow ocean. And all of these are available and renewable, and we can solve a lot of the problems. That’s what we are up against today. And I think we are heading in that direction. There are a lot of people who are willing to listen, provided that you don’t attack them and force them to be on the defensive. Provided that you have a dialogue, a conversation.

I am happy to say that I have had the privilege of sitting down with different decision makers. Whether it's representatives of governments, whether it's left, right, or center, to convince them to make differences. And I've also had the privilege of sitting down with leaders of big corporations to help them improve the way they do things and help them understand that they have opportunities to ultimately continue to make money successfully, and take care of the environment, and thus protect the quality of life for their future children.

In the mid-80s, my father and our colleagues developed a concept called Ecotechnie: the intersection of economics with the environment and technology. We need to realize that if you manage resources with new technology, we can still be economically successful. We can face the environmental issues that we have with technology and still have profitable businesses. The whole idea is to enable these companies to make money and to take care of the environment in a much better way.


Q: Investorideas.com
How can consumers and investors play a more proactive role in terms of day-to-day responsibility and also impacting the Governments’ roles globally in protecting our water sources? And what countries are leading the way in terms of proactive legislation and change?

A: Mr. Jean-Michel Cousteau
Well, there are a lot of countries that are making progress and education is a critical part of it. And that's what we do at Oceans Futures Society, our not-for-profit organization which I created when my father passed away to honor his philosophy. My father used to say that people protect what they love and I say all the time, how can you protect what you don't understand.

Today we understand more and more and more, especially with companies like Ecosphere. Their Ozonix® technology offers oil and gas companies economic and environmental solutions to eliminating liquid chemicals and recycling their produced water. They use a lot of water. They create a lot of produced water. We need to use less water in these processes. We need to clean it up. And we can. That technology exists today. It's a matter of, one, making sure that decision makers know of the technology and, two, know that they're going to make more money with these solutions. There are solutions and they will stay in business. And that's what it's all about.


Q: Investorideas.com
Jean-Michel, your family is probably one of the most well-known names attached to marine conservation, passing down a vast knowledge and a deep passion for the subject. If we don’t take these matters seriously and take action, what legacy are we leaving to our next generation?

A: Mr. Jean-Michel Cousteau
I will say that children are the future and they are the ones we need to meet, we need to reach. And I have the privilege of meeting young people all the time and young adults throughout the world in many different parts of the world. They are interested. They are excited. They want to do the right thing. And I see them do the right thing all the time. And they expect us to act responsibly and we cannot let them down. What's interesting is that now some of these kids who have acquired the knowledge or the understanding teach and educate their parents. And it's funny to see that happen. And it's wonderful in many ways.

Recently, I was on the sidewalk of State Street in Santa Barbara and two things happened to me at different times. There was a little kid who was with his mother in front of us, and, in front of me, and way down there was a gentleman who pulled out his pack of cigarettes and put a cigarette in his mouth. The pack was empty and he threw it on the side. And the kid ran, and said sir, sir, you dropped something. And the gentleman was so embarrassed that he went and picked up his pack of cigarettes. That's a little thing that everybody can do.

And, the other example, at a different time, there was a truck driving by and the driver stopped and the gentleman said, Jean- Michel you don't remember me. I said no, I'm sorry. He said well I want you to know that I attended one of your educational program 27 years ago. And, I want you to know that all of the decisions I make today are being impacted by the experience that I had on your program then. And, you know, we know that all of us, every one of us, can make a difference.

In this great fortunate, privileged nation of the United States, let's not forget that we represent approximately 5% of the world's population. And we consume 25% of the energy of the world. So we can easily criticize others, but we have to take care of ourselves first. Remember I told you I never point a finger, but if we do, there are three fingers pointing back at ourselves. So, I think we have the chance, the advantage and the privilege of being a leading nation, finding solutions, decreasing our consumption, and at the same time taking care of the environment and keeping our businesses profitable. And I note that's happening already, but we need to do that in a more massive way.

About Jean-Michel Cousteau
An explorer, environmentalist, educator and film producer for more than 40 years, Jean-Michel Cousteau is founder and president of the Ocean Futures Society, a non-profit marine conservation organization. The eldest son of undersea explorer Jacques Cousteau, Jean-Michel travels the globe as the "voice of the ocean," meeting with world leaders and policymakers, educating young people, documenting stories of change and hope, and lending his reputation and support to help energize alliances for positive change. At the 2001 Winter and 2004 Summer Olympic Games, he was chosen to represent the environment, literally carrying the flag for the Earth into the Opening Ceremonies. Mr. Cousteau has been honored as a Director Emeritus for his many years of service to Ecosphere Technologies, Inc. as a Director. He has played a leading role in helping Ecosphere form eco-alliances with corporations to protect the ocean environment from industrial pollution.
For more information, please visit http://www.oceanfutures.org

About Ecosphere Technologies, Inc. (OTCBB: ESPH)
Ecosphere Technologies, Inc. (OTCBB: ESPH) is a U.S. technology licensing and innovative manufacturing company that develops environmental solutions for global markets. We help industry increase production, reduce costs, and protect the environment through a portfolio of more than 35 patented clean water and clean energy technologies: Technologies like Ozonix® and our Ecos PowerCube®, which are licensable across a wide range of industries and applications throughout the world.
For more information, please visit http://www.ecospheretech.com

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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info:http://www.investorideas.com/About/Disclaimer.asp Disclosure: Ecosphere has engaged Investorideas.com for news publication and media (five thousand per month) effective July 22
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Thursday, July 31, 2014

Ecosphere Technologies (OTCBB:ESPH) Announces a New Purchase Order from Fidelity National Environmental Solutions

Breaking Cleantech News: Ecosphere Technologies (OTCBB:ESPH) Announces a New Purchase Order from Fidelity National Environmental Solutions

Second Ozonix® EF10M Unit for Hydrosphere Energy Solutions in the Territory of Alberta and North East British Columbia, Canada

STUART, Fla. - July 31, 2014 (Investorideas.com Newswire) Ecosphere Technologies, Inc. (OTCBB:ESPH), an innovative U.S. technology licensing and manufacturing company, today announced that the Company has received a purchase order from Fidelity National Environmental Solutions ("FNES"), a company in which ESPH holds an interest in, to begin construction on a second Ozonix® EF10M unit for Hydrosphere Energy Solutions, a sub-licensee of FNES, to deploy its patented Ozonix® water treatment technology in the territory of Alberta and North East British Columbia, Canada.

"The latest equipment purchase with Hydrosphere Energy Solutions continues to serve as a testament to Ecosphere and FNES's competitive positioning in the oil and gas water treatment space," stated Dennis McGuire, Chairman and CEO of Ecosphere Technologies.

"In 2009, Ecosphere and FNES pioneered the treatment and recycling of produced and flowback waters at the well site with our patented Ozonix® technology, a chemical-free, Ozone-based Advanced Oxidation Process (AOP) capable of treating 100% of the water required for hydraulic fracturing operations."


Today, Ozonix® continues to be a game-changing product for the oil and gas industry, having been used on approximately 1,000 oil and natural gas wells around the United States, treating and recycling approximately 4.5 billion gallons of water and continuing to offer customers a competitive and cost-effective advantage over the use of conventional toxic, liquid chemicals.

Ozonix® offers customers a chemical-free alternative to high-volume water treatment, disinfection and recycling for a diverse range of industries and applications ranging from the oil and natural gas industry to agriculture, food and beverage, industrial, marine, mining and municipal wastewater treatment.

Ozonix® is protected by U.S. Patent No's. 7,699,994; 7,699,988; 7,785,470; 7,943,087; 8,318,027; 8,721,898; Numerous Patents Pending.

For more information on licensing opportunities for Ecosphere's patented Ozonix® technology, please visit http://www.ecospheretech.com/environmental-engineering-technologies/licensing-opportunities.


About Fidelity National Environmental Solutions
Fidelity National Environmental Solutions, LLC, a leading water treatment provider to the energy services sector, has an exclusive field-of-use license to Ecosphere's patented Ozonix® technology for global energy applications including, but not limited to, onshore and offshore oil and natural gas exploration and production, power generation, refineries and coal. FNES currently provides energy exploration companies with mobile wastewater treatment equipment to eliminate harmful chemicals from hydraulic fracturing operations around the United States.


About Hydrosphere Energy Solutions
Hydrosphere Energy Solutions (Canada) Corp., is an exclusive sub-licensed partner to Fidelity National Environmental Solutions ("FNES"), with a strong management team bringing over 80 years of combined oilfield service experience. Hydrosphere is well positioned and excited to introduce the Ozonix® technology to Canada, and provide a solution to one of the biggest needs within the hydraulic fracturing industry.
For more information, please visit http://www.hydrospherecorp.ca.

About Brasil Clean Energy
Brasil Clean Energy, headquartered in Balneario Camboriu, SC, was established with the objective to develop, implement and capture technologies for ensuring the sustainability of business enterprises through the application of different solutions, together or separately, involving between other, wastewater treatment, biogas generation and carbon dioxide, bioenergy cogeneration, water reuse, separation of solids and liquids, fluid heating, homogenization of mixtures and application of ozone, cavitation for disinfection and sterilization of water and other uses.
For more information, please visit http://www.brasilcleanenergy.com.br/index.php#

About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCBB:ESPH) is a U.S. technology licensing and innovative manufacturing company that develops environmental solutions for global markets. We help industry increase production, reduce costs, and protect the environment through a portfolio of more than 35 patented and patent-pending technologies: Technologies like Ozonix® and Ecos PowerCube®, which are licensable across a wide range of industries and applications throughout the world.
For more information, please visit http://www.ecospheretech.com

To receive timely information on Ecosphere Technologies, sign up for Ecosphere's email news alert system at http://www.ESPH-IR.com.

CONTACT:
Investor Relations:
Shawn Severson 
The Blueshirt Group
 
Phone: (415) 489-2198
 
E-mail:
 shawn@blueshirtgroup.com

Press and Media Relations:
Alex Wellins 
The Blueshirt Group
 
Phone: (415) 217-5861
 
E-mail:
 alex@blueshirtgroup.com

Company:
Corey McGuire 
Director of Marketing
 
Ecosphere Technologies, Inc.
 
Phone: (772) 287-4846
 
E-mail:
 cmcguire@ecospheretech.com

Source: Ecosphere Technologies, Inc.

Visit this company: www.ecospheretech.com

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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: Ecosphere has engaged Investorideas.com for news publication and media (five thousand per month) More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
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Tuesday, February 11, 2014

Q&A Interview with CEO and President of Powerdyne International (OTCBB: PWDY); 2014 Roll-Out of Portable Energy Generation Products

New York, NY, Point Roberts WA - February 11, 2014 (Investorideas.com newswire) Investorideas.com, a global news portal covering leading sectors, issues an exclusive Q&A with the Dale P. Euga, CEO and President of Powerdyne International, Inc. (OTCBB: PWDY), a company that manufactures portable power generation equipment . In a two- part series, Mr. Euga will discuss the 2014 roll- out of their PDIGenset to the portable energy generation market and its potential first commercial sale.

Interview:
Q: Investorideas.com
For readers unfamiliar with your company and hearing about your technology for the first time, can you give us a brief summary of how it works and what the revenue model is based on ?
A: Mr. Dale P. Euga, CEO and President
Our product is a large scale portable electric generator that is powered by a new type of engine. The savings a client receives from using our patent pending technology is approximately a third of their existing power bill. This can be a very significant savings.
The most critical technology we employ is in the engine which produces the operating efficiencies and characteristics. The engine and generator operating together produce electrical power very efficiently at a low operational cost using natural gas as the primary fuel. Unlike other prime movers in the industry, our Powerdyne engine is radial in design, small, powerful, light weight, air cooled, and easily serviced and maintained.
The Powerdyne business model is based on independent electric power generation on the client's site and providing independent base load power to supplement the power that the client draws from the grid. The power generated by the Powerdyne electrical power costs the client less than that drawn from the grid and thereby provides constant base load power at a substantial saving for the client. The difference between what it costs Powerdyne to produce the power, and what the client will pay Powerdyne for that power is the revenue stream for our business.
Q: Investorideas.com
Dale, last November the company announced it would perform an engineering survey for the installation of two of its PDIGensets at Silver City Aluminum Company, Taunton, MA. Can you give us the results and how that went?
A: Mr. Dale P. Euga, CEO and President
The initial study was completed on November 20 th which proposed locating the Powerdyne equipment on the right side of the building near the Nitrogen tanks. This plan was reviewed with the client and the plant engineer. All of the special conditions of the site and the electrical engineering were completed in that study. The difficulties identified in that study were workable. However it was suggested by the plant engineer that it might be more efficient and practical to consider a different location for the equipment. A second on-site meeting with the owner and the plant manager was held on December 5 th and after consideration of the details of that study, it was concluded that a different location would be more practical.
A second engineering study was completed on December 12 th which located the Powerdyne equipment further back toward the right rear of the building. This study incorporated most of the details and construction concerns of the previous study and installation costs were adjusted accordingly. This plan was accepted by the owner and also accepted by the plant engineer on January 6, 2014.
Q: Investorideas.com
If everything goes according to plan what is the potential model/framework of an agreement with a company like this?
A: Mr. Dale P. Euga, CEO and President
We are in the process of negotiating a formal agreement with our first client, Silver City Aluminum Company. We have been composing a memorandum of understanding with the owner which will identify the responsibilities of both parties, parameters of the work, and provide a schedule for production, delivery of equipment and commissioning of the Powerdyne units. This agreement will be also incorporated into the final terms and conditions of the PPA (Power Purchase Agreement). It is anticipated that an agreement could be finalized before the end of January 2014.
Q: Investorideas.com
Have you mapped out a manufacturing plan if you receive commercial orders?
A: Mr. Dale P. Euga, CEO and President
Yes. We have very serious interest from three other domestic businesses and we are prepared to act immediately. With the placement of an order from a qualified client, the PDIGenset can be manufactured, delivered, and commissioned within six months for a domestic client – same for foreign orders. Final delivery and commissioning are subject to foreign import tariffs and customs which are the sole responsibility of the client.
Q: Investorideas.com
What kind of other customers are you targeting and if the deal goes ahead with Silver City Aluminum Company, will it serve as a model for other potential customer?
A: Mr. Dale P. Euga, CEO and President
Target customers are commercial and manufacturing businesses that have a significant and constant electric power base load requirement. These primary target clients include hospitals, cold storage facilities, shopping malls, industrial fabrication, sewage treatment plants, and hotel and resort complexes. In addition, remote areas that are power deficient such as some Caribbean Islands are prime candidates for independent power stations.
Q: Investorideas.com
What are the most significant cost advantages and environmental benefits of your products ?
A: Mr. Dale P. Euga, CEO and President
The customer advantages are threefold. The most significant advantage is that the customer has zero capital outlay from to have the Powerdyne equipment manufactured and installed at his location. Secondly, the client should reap a significant cost savings (about 1/3) on the overall electric utility cost. And lastly, Powerdyne operates and maintains the equipment.
  • Investorideas.com will issue a follow up interview as events materialize.
About Powerdyne International, Inc. ( OTCBB: PWDY )
Powerdyne International, Inc. (www.PowerdyneInternational.com) is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent and trademark pending).
PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, however, the genset is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer's current cost will result in substantial savings to the customer. For more information on Powerdyne International go to: www.PowerdyneInternational.com
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Disclaimer/ Disclosure : The Investorideas.com newswire is a recognized news source and publisher of news and research. Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news release submissions, content marketing and online advertising. All investment involves risk. More info: http://www.investorideas.com/About/Disclaimer.aspDisclosure: Investorideas has been compensated by PWDY two thousand for news publication and content publishing for one month. BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors please refer to your regulation regarding trading foreign securities.
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Tuesday, January 28, 2014

Power Generation Stock Research: Powerdyne International, Inc. (PWDY) Announces Analyst Report From Murphy Analytics, LLC

WARWICK, RI - January 28, 2014 (Investorideas.com renewable energy stocks newswire) Powerdyne International, Inc. (OTC:PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced that Murphy Analytics LLC, a prominent small cap research boutique led by Patrick J. Murphy has commenced research coverage of Powerdyne International, Inc. The analyst report is available here: www.powerdyneinternational.com
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The report highlights the fact that energy consumption will continue to increase (28% in electricity consumption from 2012 to 2040 according to the Energy Information Administration), and there are "significant opportunity for alternative sources of electricity generation" such as those manufactured by Powerdyne International, Inc.
The report states:
As a manufacturer of portable, scalable electricity generators powered by natural gas (as well as other fuels), PWDY is targeting a market in which large scale economic trends are creating significant opportunity for alternative sources of electricity generation to be consumed by a wide range of potential municipal, industrial and commercial clients
About Powerdyne International, Inc.:
Powerdyne International, Inc. is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent and trademark pending).
PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, it can be used for emergency back-up power generation and is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer's current cost will result in substantial savings to the customer.
For more information on Powerdyne International go to: www.PowerdyneInternational.com
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Form 10-K and subsequent filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
Contact:
Powerdyne International, Inc.
contact@powerdyne.org
More from the Report:
Powerdyne International, Inc. – January 22, 2014
PWDY Products Target Opportunity Created by a Convergence of Fundamental U.S. Economic Market
Dynamics
Select Stock Trading Data
Recent Stock Price $0.0126
Shares Outstanding: 195.42 million
Float 28.77 million
Recent Market Cap: $2.46 million
52 Week Range: $.007 - $0.20
Exchange: OTCBB
Ticker: PWDY
URL: http://www.powerdyneinternational.com/
Data sourced from Yahoo! Finance; otcbb.com; Company filings
Powerdyne International, Inc is a development stage manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent trademark pending). PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, the genset is designed to be useful in any situation where reliable power is needed. PDI is founded with the objective to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer's current cost will result in substantial savings to the customer.
PWDY's initial product is the PDIGenset (patent pending) which is a self-contained generator that is powered by a modified radial air cooled engine to drive a minimum of a 1-megawatt generator. The entire unit, which runs on natural gas or propane, is compact, lightweight and clean burning. As a result, the unit will produce extremely low emissions and is designed to be extremely energy-efficient. PWDY has recently completed a fully operational factory Series 2 prototype, which has been tested and is ready as a demonstration unit. This unit is available for any prospective customers to view in full operational capacity. In addition, the Series 2 prototype is ready to be manufactured for customers upon placement of customer orders.
PWDY plans to manufacture, install, maintain and lease its own portable electrical power equipment. The Company plans to manufacture portable electrical power equipment intended to be installed at client locations. The Company will own, maintain and lease the equipment to the customer who will use it to produce its own supplemental electrical power. The Company's products are intended to be portable, easy-to-use units that can be conveniently redeployed in various locations around the world. The Company's units can also be assembled and combined to produce power centers providing up to 50 megawatts of power. The Company's headquarters are located in Warwick, Rhode Island and operates a manufacturing facility in Massachusetts. The Company will market its products in locations where inexpensive electrical power is needed and clean energy powered electrical equipment is needed and/or required.
As forecast in the U.S. Energy Information Administration's (EIA) recently released Annual Energy Outlooki, factors such as economic structural changes, higher electricity prices, mandated environmentally friendly standards, and improved efficiencies are expected to slow the rate of growth in electricity consumption. However, from 2012 to 2040, the EIA still expects an increase of 28% in electricity use which is forecast to grow from 1.8% of GDP currently to 2.4% of GDP in 2040.
While it seems reasonable to expect that electricity demand will create market opportunity for PWDY products, it's also important to consider what may happen to price and demand for the fuels that power those products. The following conclusions from the EIA report address the outlook for natural gas in particular:
  • "Growing domestic production of natural gas and oil continues to reshape the U.S. energy economy...
  • With continued growth in shale gas production, natural gas becomes the largest source of U.S. electric power generation, surpassing coal by 2035, and boosting production and natural gas consumption in manufacturing.
  • Strong growth in domestic natural gas production supports increased exports of both pipeline and liquefied natural gas. With strong growth in domestic oil and gas production, U.S. dependence on imported fuels falls sharply..."
While an increase in the use of, and demand for, natural gas for electricity generation, transportation and industrial uses would seem to imply that prices must increase, the EIA cites massive expected increases in shale gas production as a driver for keeping prices low. With 2012 U.S. dry natural gas production estimated at approximately 25 trillion cubic feet in 2012, the EIA expects U.S. production to surpass 100 trillion cubic feet by 2040, with shale gas accounting for approximately half of that production resulting in modest expected increases in natural gas prices enabling the U.S. to remain a net exporter of petroleum products.
With both increasing electricity demand and stable fuel prices as positive macro trends for PWDY products, the Company also is targeting a market in which changing fundamentals create opportunity as well. As characterized by David Crane, CEO of NRG Energy (NYSE: NRG), which generates 47,000 megawatts from solar, wind, fossil and nuclear sources - enough to support almost 40 million homes, changes in power production and consumption driven by distributed generation in particular represent "a mortal threat to the existing utility system."
Read the full report and disclaimers and disclosures at http://www.powerdyneinternational.com/files/pdf/pr/pwdy_1-22-2014.pdf
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