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Vision Plasma Systems, Inc. Announces the Acceptance of Terms for a Financing Agreement of $1,000,000 USD With Fairhills Capital of White Plains, New York
Vision Plasma Systems, Inc. Announces the Acceptance of Terms for a Financing Agreement of $1,000,000 USD With Fairhills Capital of White Plains, New York.
About this update from Curascientific Corp.
[{"type":"text","content":"RENO, NV -- Vision Plasma Systems, Inc. (PINKSHEETS: VLNX) announces the acceptance of terms of a financing agreement with Fairhills Capital of White Plains, New York, in the amount of One Million Dollars, USD. Use of proceeds from first round financing will be applied to working capital needs only, including, but not limited to, completion of engineering requirements, incurred legal fees, and/or manufacturing costs. \nChief Financial Officer Garett Parsons of Vision Plasma Systems, Inc. stated, \"We are very excited to receive this financial commitment and believe that not only will it allow us to reach benchmarks in production, it also further ensures the integrity of our company by having a reputable finance partner moving forward.\" \nThe Arc Master I mobile unit, the first of its kind, was designed to deploy a clean and green remediation solution to various worldwide corporations, military, government, and municipal customers. The unit is capable of converting up to 5 tons per day of hazardous wastes and other matter into syngas, net electricity, and recyclable metal ingot, without any air emissions or ash from the gasification process. The Arc Master I can be easily transported by truck, rail, ship, or plane worldwide to provide a fast and mobile solution to the remediation of all forms of waste. The Arc Master I mobile unit is entirely self-powering, creating its own energy from the waste that it processes, and creating up to 240KW of usable electricity at the site. \nAbout Vision Plasma Systems, Inc. \nVision Plasma Systems, Inc. is a designer, developer, and marketer of its proprietary mobile plasma arc gasification unit called the Arc Master I. The company is committed to providing affordable energy resource management for federal and commercial clients through sustainable and renewable energy technologies, land reclamation, products and services. \nSafe Harbor \nThis news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases \"would be,\" \"would allow,\" \"intends to,\" \"will likely result,\" \"are expected to,\" \"will continue,\" \"anticipate,\" \"expect,\" \"estimate,\" \"project,\" \"indicate,\" \"could,\" \"potentially,\" \"should,\" \"believe,\" \"considers,\" or similar expressions are intended to identify \"forward-looking ...