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QUADRA Discussing Financing of Assembly Plant in China

Buzz up! 0 Print..Companies:Quadra Projects Inc..Related Quotes
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QPRJ.OB 0.08 +0.01


{"s" : "qprj.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: Quadra Projects Inc. On Wednesday December 30, 2009, 1:19 pm EST
LAS VEGAS, NV--(Marketwire - 12/30/09) - QUADRA PROJECTS INC. ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol (OTC.BB:QPRJ - News), announced that Management of the Company has met with Senior Management of CANDA GREEN INDUSTRY INC. ("CANDA") (our proposed Joint Venture partner) to discuss what documentation and projections are required so that CANDA can finalize financing for the Joint Venture's proposed Assembly, Municipal waste and Waste tire conversion plant in China. Preliminary discussions have been held by CANDA Senior Management with its Bankers who have indicated that up to $10Million USD will be available for the Joint Venture purposes.

As an initial step, Management of CANDA has requested that the Company prepare financial projections for the operation of the Assembly plant for China. Also Senior Management of CANDA have indicated that they have significant International financial and business relationships in Asia which they desire to pursue in conjunction with the Company. The Company is preparing a Memorandum of Understanding to cover these prospective arrangements.

With these discussions and prospective Joint Venture Agreement, our shareholders are becoming part of the leading business venture in waste to energy conversion technology in China. Management is very pleased to deliver this opportunity to our shareholders to unlock the value in our Company. Further by our entry into this proposed Joint Venture with CANDA and its relationships with the regulatory and Governmental authorities in China, we believe the Company will grow faster than a stand-alone Company in China.

Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.

Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.

About QUADRA PROJECTS INC.

QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.

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Quadra to Demonstrate QES Technology

LAS VEGAS, NV, Jan 12, 2010 (MARKETWIRE via COMTEX) -- QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTCBB: QPRJ) announces that the QES2000 Utility Unit has been completed and that in house testing is currently underway. Independent engineering testing is scheduled after completion of the in house testing. Immediately after certification of the QES Conversion Unit, it will be available for demonstration for the Company's prospective buyers and Government Authorities in the City of Guangzhou, located in Guangdong Province in the Peoples Republic of China.
Quadra's authorized distributor, Fanta International has advised that Municipal Solid Waste (MSW) is a major problem in the Guangzhou area with several thousand tons being generated each day. This could lead to sales of up to 100 QES2000 conversion units over the next 2 years generating sales in excess of 150 Million Dollars.

After testing in Guangzhou, the QES Utility Unit is to be relocated to Beijing where it will be used to demonstrate the technology for Government Environmental Authorities, Senior Regulatory Central Government Officials and qualified prospective joint venture partners. The Company's joint venture partner, Richbay Holdings Limited, will co-host the demonstration and has advised that the purpose of the testing is confirm viability of the technology, with the object of securing endorsement of the Central Government.

This endorsement could lead to significant sales in the Beijing area, where disposing of Municipal waste is a major problem.

Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.

Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.

QUADRA PROJECTS INC.

QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
GREAT NEWS OUT AGAIN FOR QPRJ. I HAVE A SMALL POSITION IN THIS AND HAVE BEEN WATCHING THE PAST COUPLE OF WEEKS. THINKING OF MAKING MY POSITION LARGER. KEEP THIS ONE ON YOUR RADAR. GO GREEN!!!
QPRJ doing well today. Recent press release adding towards the positive movement this afternoon. Buys coming in on the offer @.10 nHOD. Now up +78.57% w/ great volume, way over the 10 day average!!

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