Scorpex Provides Update on Various Initiatives
April 03 2012 - 9:15AM
Business Wire
Scorpex, Inc. (Pinksheets: SRPX) (the "Company"), in an effort
to update shareholders regarding previously announced business
objectives and timelines, announces the following anticipated
events:
- Preliminary approval is anticipated for
the Company’s city permits from the City of Ensenada, Mexico during
April, 2012;
- 2011 audit completion is expected
during April, 2012; and
- Groundbreaking for the Company’s first
facility is expected during the 3rd Quarter 2012 as previously
reported.
Chief Executive Officer Joseph Caywood stated, “We always try to
give shareholders the freshest picture of what we are accomplishing
at Scorpex. We have had a few delays with our audits and city
approvals which we have overcome, but we are excited for 2012.”
About Scorpex, Inc.
Scorpex, Inc. is taking the necessary steps to own and operate a
full service waste disposal and recycling company, capable of
storing and disposing all types of waste, including those
classified as industrial, toxic, and hazardous. The location chosen
for the first Scorpex plant is strategically positioned to
accommodate the vast region of Baja California, Mexico.
For more information, visit www.scorpex.com.
This press release may contain certain forward-looking
statements regarding future circumstances. These forward-looking
statements are based upon the Company's current expectations and
assumptions and are subject to various risks and uncertainties that
could cause actual results to differ materially from those
contemplated in such forward-looking statements. Actual results,
events, and performance may differ. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as to the date hereof. The Company undertakes no
obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statements are material.
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