Grand Capital Ventures, Inc. Joint Venture Partner Expands Licensing Agreement Into Other Markets
(firmenpresse) - LANSING, MI -- (Marketwire) -- 03/27/13 -- Grand Capital Ventures, Inc. (PINKSHEETS: GRCV) announces that the Company and its joint venture partner WBC Holdings, Inc. have expanded their exclusive licensing rights to a hydrogen fueled electric generator for home use. The scope of the exclusive licensing rights agreement was modified to include not only North America, but also Southern Asia and Western Europe.
"While our initial target market for the electric generator was the North American continent, the Net Metering market projected savings and consumer response to this point has allowed us to present the technology to other markets around the world, where we anticipate consumer acceptance to increase," stated William White, Chief Executive Officer of Grand Capital Ventures, Inc.
The hydrogen fueled electric generator can be used for net metering and, because of its relatively low fuel requirements, will also be able to be used as a clean and renewable stand-by energy source. This is especially effective where there is either an absence of the Grid or, as in the case of some countries, an unreliability of continuous power.
"We are excited about the expansion of our relationship with Grand Capital Ventures and WBC Holdings," stated Richard Baker, VP of Operations for Square1 Energy. "We feel that combining their efforts with our already proven technology will result in the product being brought to the market on a global level."
Grand Capital Ventures, Inc. specializes in working with under-performing companies and bringing together the resources needed for them to attain financial stability and growth. Our focus is on companies showing a positive upside while striving to bring new technologies and unique products to market. For more information on the Company, please visit
WBC Holdings, Inc. is a Milford, Michigan-based sales & marketing company that specializes in exclusively licensed products in the renewable energy and green markets. For more information on WBC Holdings, please visit their website at .
Square1 Energy, established in 2009, is a Kentucky-based technology company, specializing in renewable energy technology and HHO-based products. For more information on Square1 Energy, please visit their website at .
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosures or filings with OTC Markets, Inc. You are further cautioned that stocks of smaller companies like Grand Capital Ventures, Inc. are inherently volatile and risky and that no investor should buy this stock unless they can afford the loss of their entire investment.
Grand Capital Ventures, Inc.
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Datum: 27.03.2013 - 07:00 Uhr
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News-ID 1210912
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