Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 December 1, 2015 - 12:20 PM EST
Print Email Article Font Down Font Up
Energtek Announces Additional $1m Investments

Investments Totaling $1,000,000 in the Last Three Months Further Steps towards Returning to SEC Reporting

NEW YORK, Dec. 1, 2015 /PRNewswire/ -- Energtek Inc. (OTC BB: EGTK), a frontrunner in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced today that during the last three months, the amount of $1,000,000 was raised including debt conversion, strengthening the company's financial position. 

In addition, Energtek is completing its audited financials for 2013 and 2014 and the required reports of 2015, which will enable it to commence the process of becoming a SEC reporting company once again.

Mr. Yoav Krill, CEO of Energtek, commented: "We thank our investors for continued confidence while we work hard to position ourselves for a strong 2016. This includes not only fundraising, but completing the audit of our financials, returning to being SEC reporting and commencement of projects in Vermont and elsewhere.

We have a unique business model and I remain confident that our focus on delivering natural gas by mobile pipeline in the United States will be rewarded in the near future."

About Energtek 

Energtek develops and applies innovative mobile transportation solutions for small, mid-size and large industrial, residential and agricultural consumers and fleets of small vehicles (NGV). Energtek operates subsidiaries in North America, Europe and Asia. 

To learn more about Energtek, visit the newly revamped website:

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended.  All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies.  Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions.  In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and other matters set in Energtek's filings.  These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.

Investor Relations

To view the original version on PR Newswire, visit:

SOURCE Energtek Inc.

Source: PR Newswire (December 1, 2015 - 12:20 PM EST)

News by QuoteMedia