NEW YORK, July 16, 2014 /PRNewswire/ -- Energtek Inc. (OTC
BB: EGTK), a leader in hi-tech natural gas solutions and Adsorbed
Natural Gas (ANG) technology, confirmed today that over one and a
half million dollars were invested by private individuals during
the first six months of 2014, who bought a mix of bonds and equity
in the company. Additionally, Energtek's management has been
meeting with several institutional investors, in an effort to raise
a significant amount of capital to fund its U.S. operations.
Negotiations have begun with two firms regarding an equity
investment into Energtek Inc.'s wholly-owned subsidiary: Energtek
USA Inc.
"We have been successful in achieving financing from several
investors, who have bought bonds and shares of our company Energtek
Inc.," said Energtek's Treasurer Mr. Michael Greenfield. "I am also very
pleased to see the performance of the company reflected in the
price of our shares, which has risen steadily during the last
quarter to the benefit of our shareholders."
"We look forward to further negotiations with several
institutional investors regarding investment in our subsidiary
Energtek USA. This would enable management to implement its
plans for mobile natural gas transport operations to begin this
winter, and to expand tremendously in 2015."
About Energtek
Energtek develops and
applies innovative mobile transportation solutions for industrial
consumers and fleets of small vehicles. Energtek operates
subsidiaries in North America,
Europe and Asia.
To learn more about Energtek, visit the newly revamped website:
www.energtek.com
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.
Contacts:
Investor
Relations
IR@energtek.com
(212) 999.6202
SOURCE Energtek Inc.