I own this POS but doesnt thing ring of air of desert dust scams
Trans Max Technologies, Inc. Acquires Victor Vartovy & Co. - Odessa, Ukraine
LAS VEGAS -- (Business Wire) -- Aug. 31, 2004
Trans Max Technologies, Inc. (OTCBB: TMAX) announces the
purchase on the 23rd of August, 2004, of Victor Vartovy and Company of
Odessa, Ukraine, a group that has developed a unique and proprietary
system for extracting potable water from atmospheric moisture. There
is 16 oz of water in 19 cubic yards of air at 60% RH and 86 degrees F.
One cubic mile of air @ 20% RH and 104 degrees F. contain 11 million
gallons of water.
¶ This distinctive technology does not require chilling, but heat,
to extract moisture from the air. Recent breakthroughs in using
waste-heat or zero-cost heat has opened the way to low-cost water for
large industrial and municipal installations to the existent
family-size Water Air Machines (WAMS) of 150 liters of water per day.
¶ WAMS in the thousands and tens of thousand-cubic-meters of water
per day are being designed and will likely be first introduced in
regions of low or zero-cost energy such as flare gas in oil producing
regions and low-cost waste-heat from power stations and energy
intensive industries such as aluminum smelting.
¶ The purchase price from Groupo Aquinas of Latin America was fifty
million Trans Max common shares.
¶ This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. In
particular, when used in the prededing discussion, the words
"believes", "expects", "intends", "will", "anticipated", or "may", and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Act and are
subject to the safe harbor created by the Act. Except for historical
information, all of the staements, expectations, and assumptions
contained in the foregoing are forward-looking statements that involve
a number of risks and uncertainties. It is possible that the
assumptions are made by management are not necessarily the most likely
and may not materialize. In addition, other important factors that
could cause actual results to differ materially include the following:
business conditions and amount of growth in the company's industry and
general economy; competitive factors; ability to attract and retain
personnel; the price of the Company's stock; and the risk factors set
forth from time to time in the Company's SEC reports, including but
not limited to its annual report on Form 10-KSB; its quarterly reports
on Form 10-QSB; and any reports on Form 8-K. Trans Max Technologies,
Inc. does not take any obligation to update or correct forward-looking
statements and also they do not take any obligation to update or
correct information prepared by third parties which are not paid for
by the Company.
Contacts:
Trans Max Technologies, Inc.
Dr. Raymond Brouzes
702 382-3377 |
