this is such a funny press release. i think jacobs must have written it himself.
Centre Capital Corp. President Karl Jacobs Announces the Acquisition Of Zeolite From Equitable Assets Incorporated
FORT WORTH, Texas, July 11 /PRNewswire/ -- Centre Capital Corp. (OTC Bulletin Board: CCCX - news; cccx.net) President, Karl Jacobs, announced today that Centre Capital Corp. has acquired 58,286 tons of ZEOLITE, from Equitable Assets Incorporated. The 58,286 tons of Zeolite is worth $11,307,428 (Eleven Million Three Hundred Thousand Four Hundred and Twenty Eight Dollars). In exchange for the Zeolite, Equitable Assets Incorporated received from Centre Capital Corp 1 Million shares of CCCX common stock. Centre Capital Corp is debt free and clear in regard to this acquisition.
Moreover, Centre Capital Corp paid $194.00 per Ton; the retail value direct to the consumer is worth a range of $20,000 to $30,000 Thousand Dollars per Ton. Louis Mayor, President of Equitable Assets Incorporated said ``We are thrilled to be involved with a company like Centre Capital Corp. and look forward to the great things that will come out of this relationship.'' Centre Capital Corp's company VISTA INTERNATURAL PRODUCTS (VIP) will market the Zeolite direct to the consumer. This asset could qualify CCCX for trading on NASDQ Small Cap or the American Stock Exchange. Centre Capital Corp plans to apply to trade on the NASDQ Small Cap or The American Stock Exchange.
What are ZEOLITES?
Zeolites are used by everyone in the world. Many people may have never heard of Zeolites. Zeolites have been around since they were discovered in 1756 by Swedish mineralogist Axle Fredrick Cronstedt. Zeolites are three dimensional, micro porous, crystalline solids with well-defined structures that contain aluminum, silicon and oxygen in their regular framework. Zeolites are available as powders, or as formed products such as extrudates. Zeolites like solids, are safe to handle and are easy to use in a variety of reactors. Zeolites have thousands of uses such as:
Zeolites are used to absorb a variety of materials. They can remove volatile organic chemicals from air streams, they can replace phosphates as water softening agents, they are also used in sewer and wastewater treatments, metal removal, radioactive waste treatment, agriculture, odor control, heat storage, solar Refrigeration, aquaculture, gas separation, water treatment, fillers and air filtration. Zeolites are also used in industrial use which are treasures for environmental pollution.
SEWAGE AND WASTEWATER TREATMENT:
Ammonia is a major issue for the treatment of municipal wastewater. Ammonia can be reduced to non-toxic levels with the use of zeolites. In your home, Zeolites can be used in your refrigerator to eliminate bacteria and E. coli. Zeolite powder is the safe way to eliminate cockroaches, in dry shampoo for dogs, in cat litter, cages for caged animals to eliminate odor, it can eliminate moles and mildew, foot odor, eliminate carpet odors, and dust mites. It can eliminate radon gas in the home, musty smells and cooking odors, and can destroy pollutants, dust, pollen, and other allergens from the air. Zeolites have over 20 thousand uses from industrial to the home.
SAFE HARBOR STATEMENT: Certain statements in this news release may constitute forward looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such Forward looking Statements involve risk and uncertainties that could cause actual results to Differ materially from those set forth or implied by such forward looking statements. Forward Looking Statements: All statements other than statements of historical fact in this release are forward looking statements. Actual results may differ materially from those contemplated by the forward looking statements as a result of certain factors including, but not limited to the effect of business and economic conditions; the impact of competitive products and pricing; and capacity and supply constraints or difficulties. Such statements reflect the current views of the company with respect to future events and are subject to these and other risks and uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company.
SOURCE: Centre Capital Corp.
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