Kleangas Energy Technologies completes acquisition of Green Day Technologies
In Florida, Kleangas Energy Technologies announced the completion of its acquisition of Green Day Technologies. The operational aspects of the acquisition are complete. The mechanics of share exchange have been worked out and now have to be implemented which should be finalized by the end of January 2014.
KGET CEO Bo Linton stated, “With the Green Day Technologies, Inc., acquisition complete and with their pending acquisition of an operating company with an EBITDA of $1,000,000, 2014 should be a great year for KGET.” “Also with the pending bio mass pellet contracts all we have to do is finalize one of those contracts” continued Mr. Linton, “and KGET can expect to see up to a 50% growth in revenue and an increase of at least 20% growth in gross profit.”
Category: Fuels
