N-Viro International Announces Official Notice of Incorporation in China / N-Viro Energy Limited Positioned in Conjunction with N-Viro International to Provide Waste-to Energy (WTE) Technology in China
January 23, 2015 Leave a comment
Toledo, Ohio, January 23, 2015 – N-Viro International Corporation (NVIC: OTCQB) announces a Certificate of Incorporation from the Companies Registry in Hong Kong for N-Viro Energy Limited was granted on January 16, 2015. This Hong Kong company is a wholly owned subsidiary of N-Viro Energy Ltd., our UK sister company formed in 2014. N-Viro Energy Limited has secured headquarters in the City of Shenzhen, China and will operate as a holding company for developing projects in China. The company will begin operation immediately under the governance of directors Michael Burton-Prateley, Yee Dai Shek and Timothy R Kasmoch.
The corporate structure of N-Viro Energy Limited was devised and executed by the global law firm of Morrison Foerster, advisers to N-Viro Energy (Hong Kong) Ltd. The Directors of N-Viro Energy Limited expect that Morrison Foerster will be instrumental in the coming months in providing advice and guidance in capital raising and project financing for execution of the first ten projects in China.
N-Viro Energy Limited has already received positive responses from several cities within China and the interest of provincial and city environmental departments. The Directors also expect to enter into agency agreements with related parties in the coming months, who can deliver 30-year projects in 2015. All of the projects secured are expected to use the N-Viro Fuel™ technology, combined with electrical generation, to enhance our N-Viro Fuel™ technology into a turnkey waste-to-energy process.
Timothy Kasmoch, CEO and President of N-Viro International had these comments; “I am delighted to be a part of such a fast moving development. We began work in China at the most opportune time and the momentum we have created will continue because the Chinese government is serious and motivated to install WTE processes throughout their country. The N-Viro Fuel™ technology, combined with electrical generation, has received positive support because of the technology’s ability to convert waste-to-energy efficiently and economically.”
About N-Viro International
N-Viro International Corporation is a leader in the conversion of organic materials generated from industrial, agricultural and municipal sources. The Company’s proprietary, patented technologies, unique services and materials handling expertise are combined to offer turnkey solutions in both soil enrichment and alternative fuel development. For more information, please visit www.nviro.com or the N-Viro International Blog.
Special Cautionary Note Regarding Forward‐Looking Statements
The Company cautions that words used both in this document such as "expects," “hopes”, "anticipates," "believes" and "may," as well as similar words and expressions used herein, identify and refer to statements describing events that may or may not occur in the future. These forward‐looking statements and the matters to which they refer are subject to considerable uncertainty that may cause actual results to differ materially from those described herein. Additional information and factors that may adversely affect these forward‐looking statements are contained in the Company’s reports, including its Annual Report on Form 10‐K for the year ended December 31, 2013 and other filings with the Securities and Exchange Commission. The Company assumes no obligation to update forward‐looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward‐looking information except to the extent required by applicable securities laws.