Tanke, Incorporated Provides Corporate Update
Focus Is on Increasing Its Asset Base in Environmental
Technologies
ST. LOUIS, MO--(Marketwired - Nov 5, 2013) - Tanke, Incorporated
(OTC Pink: TNKE) (the "Company"), a diversified holding company
focused on emerging technologies and 'Cleantech' is pleased to
provide this update to its shareholders and the investment
community. This release includes information about the Company's
plans and announcement of new corporate strategy developments.
The focus of the Company is in environmental technologies
('Cleantech'), a growing market which is estimated to reach $396
billion by 2021 according to Clean Edge[1]. The Company's mission
is to develop, manage and finance emerging companies in high growth
industries using an asset acquisition model.
Tanke believes that globalization and the emergence of Asia and
other markets strains natural resources, water, energy and food,
and as a result, environmental technologies is at the forefront of
the new paradigm shift in usage of resources.
We have, in 2013 to date, implemented many of the steps
establish Tanke as a leader in the growing environmental and
emerging market space. Notably, the acquisition of a Master License
and 3 other nonexclusive licenses from E-Waste Systems, Inc. were
combined with investment into Tanke. This investment adds to our
portfolio of water technologies assets, specifically The Triple R
Water recycling technology, Re:Water™ Hotel and Re:Water™ Dry
Kitchen under the Re:Water™ Brand. We are redoubling our
efforts to create a portfolio of assets and companies in this
growing environmental market and to aggressively pursue
opportunities that can grow our shareholders' value.
Tanke's strategy is to enter other segments of the general
environmental market where there are opportunities to discover
early stage, immature, inefficient and new environmental segments.
The overall environmental services industry has been estimated to
be over $33 trillion[2, 3] and "Cleantech" is just a part of
it.
Tanke will provide niche services such as financing, management
and market development in "Cleantech" segments that includes clean
water, air emissions, and ecosystem protection. Tanke's model is to
consolidate the company profile through asset acquisitions, which
will enable Tanke to grow geometrically in the emerging market.
"We are focusing on proprietary technology deployment, brand
promotion and investment in companies that have a global reach. In
2013, we had planned to invest into no less than 3 more
environmental and high growth industries. This year we have
invested into the eWaste industry. We have plans to enter soon
undiscovered industries of high growth. Our team has worked
extremely hard this year to build a solid foundation. We
expect from this point on to expand rapidly our asset base which is
now over $1 million and growing, followed by revenues
acceleration," stated Carrie Zhang, CEO of Tanke, Inc.
Ms. Zhang offered these views about the TNKE team and global
expansion, "We are attracting an increasing group of professionals,
corporate as well as with entrepreneurial talent. We will
continue to seek and attract the best people and those companies
who share our passion, vision, and knowledge of emerging
technologies and 'Cleantech.' We are also cementing our regional
footprint in strategic geographies. For example, we have already
acquired a Master License and three other licenses to operate in
the People's Republic of China, which has solidified and
strengthened our foothold there and will be used as our platform to
expand throughout Asia, which is the largest and fastest growing
market for 'Cleantech.'"
Industry Expansion The creation of environmental services
markets are focused around water quality and quantity control,
protection of ecosystems, and air emissions. The common drivers for
these markets include: Environmental service functions that are
declining or changing, increasing demand for environmental services
that performs, increasing conflict over access and demand for new
approaches to addressing issues, increasing obstacles to gain
license to operate, financial services sectors' increasing
recognition, increasing credit of the connection of human health,
and growing interest in potential economic efficiency and
innovation sharing from market-based approaches.
References:
1. http://www.greenwisebusiness.co.uk/news/global-green-technology-market-to-grow-to-396-billion-3148.aspx
2. The New Markets for Environmental Services: A Corporate
Manager's Guide to Trading in Air, Climate, Water and Biodiversity
Assets, December 2007 3. Costanza, R. et al.1997.The Value of
the World's Ecosystem Services and Natural Capital, Nature, vol
387, p253-260. 4. Phillips, G. & A. Razzouk (2007) "A
Trillion Dollar Marketplace", Environmental Finance,
February edition 5. Millennium Ecosystem Assessment. 2005.
"Ecosystems and Human Well-Being: Synthesis" Washington, D.C.:
World Resources Institute,
www.maweb.org/documents/document.356.aspx.pdf 6. Musil,
Robert. 2007. "Focus on Health." Ignition: What you can do to
fight global warming and spark a movement. Washington, D.C.:
Island Press
About Tanke Incorporated Tanke is a diversified holding company
with the mission to develop, manage and finance emerging companies
in high growth industries. Tanke is focused in the development of
environmental technologies and "Cleantech" for a wide range of
markets such as commercial, industrial and municipal
applications. Tanke believes that globalization and the
emergence of Asia stresses natural resources, water, energy and
food, and environmental technologies will be at the forefront of
the new paradigm shift in usage of resources. Through its
subsidiaries and affiliates in the world and with its deep
experience in China -- the fastest growing emerging market in the
world, Tanke seeks to grow through acquisitions, organic growth in
the USA and also in the emerging markets. Our holdings consist of:
Environmental & Water technologies, eWaste and reverse
logistics technologies, and The Triple R Water recycling technology
under the Re:Water™ Brand.
Additional information is available on the Company's website:
www.tankeinc.com or contact Investor Relations at:
IR@tankeinc.com
Safe Harbor Statement: Certain statements and information
included in this release may constitute "forward-looking
statements" as defined in the Federal Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the company to
be materially different from any future results, performance or
achievements expressed or implied in such statements. Additional
discussion of factors that could cause actual results to differ
materially from management's projections, estimates and
expectations is contained in the Company's SEC filings. The Company
assumes no obligation to update any forward-looking statements as a
result of new information, future events or developments, except as
required by federal securities laws.
Tanke Incorporated IR@tankeinc.com
Tanke (CE) (USOTC:TNKE)
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Tanke (CE) (USOTC:TNKE)
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