Empire Diversified Energy, Inc (OTC Pink: MPIR), together with a group, including the holder of the proprietary rights to the American Pellet, announced today that it had been working with a municipal energy authority to provide the authority with an alternative energy product called “American Pellet.” According to Frank Rosso, Chairman and CEO, the “American Pellet” is a revolutionary, disruptive Solid Fuel for the Power Generation Industry.
“This product has an equivalent burn of 11,000 BTUs, and a lower cost than the standard thermal steam coal being used today, which makes widespread use in the Power Generating Industry a real possibility.” Mr. Rosso noted additionally that the American Pellet is made from what was “refuse coal products” (coal fines) that were actually discarded by major coal companies, and left as a potential pollutant on the mine site. “What has been devised is a unique product, consisting of coal fines, silica, and a proprietary binder.”
The pellet has been tested several times over the last six months, and Empire Diversified expects production to begin this summer, in anticipation of receiving one or more long-term contracts.
Empire is additionally working to add cellulose (wood) to its pellets to create a one-of-a-kind hybrid Coal/Wood pellet that can be used in international burners, creating simultaneously the clean fuel product that they must use, with the higher BTU pellet that they need.”
About MPIR:
The Company’s immediate plan is to identify and acquire renewable and green energy companies and/or assets that will enhance our efforts to create a new, proprietary clean fuel today, for tomorrow’s power generation industry
Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions.
Contact: Frank Rosso
Chairman, CEO
Empire Diversified Energy, Inc
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