FSC / Press Release
Carbon Friendly Proceeds to Phase two with its U.S. Partners
Vancouver, British Columbia CANADA, February 27, 2013 /FSC/ - Carbon Friendly
Solutions Inc. (CFQ - CNSX) (the "Company" or "Carbon Friendly") is pleased to
announce that it has commenced phase two of its two part engagement with
Expansion Funding Partners LLC ("Expansion Funding").
Expansion Funding has successfully concluded the first phase consisting of due
diligence on Carbon Friendly and its MicroCoal(tm) technology, as well as the
development of various financial models, including the Company's Enterprise and
Fair Market Value. The second phase, the Value Expansion ProgramSM, provides
the Company with the basis to structure the initial offering of securities on a
U.S. stock exchange.
Joseph J. Cecala, Jr., CEO of Expansion Funding LLC, states: "We look forward to
completing the work required for a successful listing on a U.S. stock exchange.
Given the Global need for efficient coal burning technology, we are confident
that Carbon Friendly can create financial value by establishing its niche in the
U.S. coal-burning utility sector."
Slawek Smulewicz, CEO and Director of the Company, states: "Expansion Funding
Partners understands the impact our MicroCoal(tm) technology has on individuals,
businesses, governments and the environment. With Expansion Funding's insight
and the Company's compliance with all necessary requirements, the Company shall
have various new opportunities open to it in the U.S. and Global financial
About Expansion Funding Partners, LLC
Expansion is based in the Chicago, USA area and provides proprietary consulting,
valuation and capital sourcing services to public and private companies.
Expansion Funding uses its proprietary Value Expansion MapSM and Value Expansion
ProgramSM products including calculations of the Company's value based upon
Expansion's proprietary Equilibrium Pricing(tm) formulas. These valuations have
been used by Expansion's clients to determine appropriate valuation for IPOs and
About Carbon Friendly Solutions Inc.:
Carbon Friendly Solutions Inc., through its subsidiaries, is focused on the
development of energy efficiency technology, renewable energy, and reforestation
projects that have the potential to generate significant revenue. MicroCoal Inc.
has an internationally patented technology that is expected to improve
coal-fired utilities' economic performance by reducing input costs, improving
operations and simultaneously reducing their environmental footprint. Global CO2
Reduction generates Carbon Offsets from forestry projects that may be transacted
through international voluntary markets. Carbiopel S.A. aggregates biomass
supply and produces biomass fuel pellets for the European market, including
large European utilities and independent renewable energy providers, in line
with EU renewable energy directives.
On behalf of the Board of Directors
Carbon Friendly Solutions Inc.
CEO and Director
Forward Looking Statements
Certain statements included in this News Release contain forward-looking
statements, including disclosure concerning possible or assumed future results
of operations of the Company. Forward-looking statements typically are preceded
by, followed by or include the words - "believes", "expects", "anticipates",
"estimates", "intends", "plans", or similar expressions. Forward-looking
statements are not guarantees of future performance. They involve risks,
uncertainties and assumptions, and the Company's results could differ materially
from those anticipated in these forward-looking statements. Neither CNSX nor its
Regulation Services Provider (as that term is defined in the policies of the
CNSX) accepts responsibility for the adequacy or accuracy of the release.
We seek safe harbor.
CEO and Director,
Carbon Friendly Solutions Inc.
Telephone: (604) 676 9792
This press release is available in PDF. Please click on the following link to
view the PDF file:
Source: Carbon Friendly Solutions Inc. (CNSX: CFQ)
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-0- Feb/27/2013 13:36 GMT
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