Empire Oil Refineries Corp., (OTC-PINK:EORZ.PK) announced today on behalf of Board of Director’s of the Company that the Company has signed a letter of intent to acquire Enigma Energy LLC of Las Vegas Nevada.

Enigma Energy is a clean energy company that designs and builds clean energy projects such as Electrical Vehicle (EV) charging stations.

Enigma has designed new patent pending technology that allows for the use of Negawatt energy (energy gained through efficiency), and is the only company that can store, increase, and transport clean energy to the grid, over contiguous property lines and store power for use when needed while providing power 24 hours a day seven days a week.

Due to our technology systems we are able to increase power output to meet demand on demand, unlike current clean energy systems that can only store Solar, Wind or other clean energy for a limited time.

Enigma Energy plans to build 500 charging stations for EV use in Nevada over the next 5 years providing upwards of several thousand full time jobs and countless jobs in construction, electrical, glass work, labor, cement work, and permitting.

The charging stations are returning to a high level of customer service, where our customers will be able to enjoy the act of recharging. Porters will charge and clean the vehicles, upon request (free for our automotive manufacture partners) while the customer can relax inside and enjoy free Wi-Fi, eBooks and internet access.

The Company anticipates when Enigma Energy becomes fully operational it will provide living wage jobs to hard working Nevadans, and Americans.

Arshad Shah CEO of Empire Oil, stated, “ We have been waiting to partner and acquire a company such as Enigma Energy which will provide clean energy and efficient energy. We feel that the potential for this new way of storing and creating energy is enormous when operational. We plan on finalizing our agreement with Enigma within 45 days.”

Empire Oil plans to focus on this particular clean energy sector, which in the Board’s opinion will be beneficial for the Company and its shareholders and also change the name of the company to Empire Energy Corp.

FORWARD LOOKING STATEMENTS

The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's press releases.

LiveChain (PK) (USOTC:LICH)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more LiveChain (PK) Charts.
LiveChain (PK) (USOTC:LICH)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more LiveChain (PK) Charts.