Upon merging with BioConversions International, all record-date
stockholders and all EGVI stockholders will receive, pro rata,
This dividend is in addition to the previously declared cash dividend whereby all royalty income from the Company's patents will be distributed directly to stockholders.
The Company has executed a Letter of Intent to merge with BioConversions
International. BioConversions reports over
About Encore Energy
The Company owns the patents for the use of grey-water, and domestic water in heat exchanger systems. They also provide all forms of conventional geothermal heat exchange systems. See our video at http://www.encoreenergyinc.com. The Company licenses its patented technology to other energy-related businesses.
About BioConversions International
BioConversions is an international aggregator bio-diesel reactor technology, fuel distribution, production systems.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's web-site version of this press release contains various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.
Investor Relations: Contact: Encore Energy Systems, Inc. 888-234-0963 info@encoreenergyinc.com
SOURCE Encore Energy Systems, Inc.