Company announcement no. 75 Inside information
Vejle,
Green Impact Ventures A/S´ subsidiary
Once the necessary investigations are concluded a definitive JV agreement between the parties will be signed.
If so, the joint venture company will be responsible for the production and sale of the
It is the ambition that the Joint Venture company will conduct an IPO (listing) on the Pakistan Stock Exchange, once the company is successful.
It is the expectation that production costs can be lowered to half of the current costs level per Unit and that the company, at full market assessment and production, can sell 5,000 - 10,000 units per months.
The joint venture partner bears all costs for setting up the manual production capacity, as well as for hiring sales and marketing resources to target the local and Asian markets.
The Joint Venture company will gain exclusivity to produce and sell the
All patent rights, current and future, belongs to
The consequence for Green Impact Ventures A/S is that the company, via the subsidiary
About Green Impact Ventures A/S
Green Impact Ventures A/S is a Greentech company, which develops innovative water technology for heating or treating water, with the focus on ensuring bacteria-free water and reducing water and energy consumption for heating hot water in properties and thus ensuring CO2 savings. Green Impact Ventures A/S is a major shareholder in the medical company Watgen Medical A/S and in the technology company
Further information:
CEO
Green Impact Ventures A/S
Sjællandsgade 32
7100 Vejle
Certified Adviser
Per
Direktør/CEO
Vestre Havnepromenade 5, 5. sal 9000 Aalborg Denmark
P +4598110055, C +4521764317, E pva@cdiglobal.dk
Website: www.cdiglobal.dk
Nasdaq First North Growth Market
Important links:
Websites:
www.greenimpactventures.com
www.waturu.com
www.aquaturu.com
www.watgenmedical.com
Financial reports:
www.greenimpactventures.com/investor/
Further press related news:
www.linkedin.com/company/greenimpactventures/
www.facebook.com/greenimpactventures/
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