OTCPicks.com Announces Initiation of Profile Coverage Fidelis Energy Inc. (Pinksheets: FDEI)
(EMAILWIRE.COM, November 22, 2010 ) OTCPicks.com, announced today that it has initiated Profile Coverage of Fidelis Energy Inc. (Pinksheets: FDEI) on its exclusive penny stock alert service. Fidelis Energy Inc. is an alternative energy technology company developing and marketing solar-powered renewable energy products and solutions. Fidelis Energy Inc. announced last week that the company has received $5 million from Empres Voss Capital ("EVC") as partial payment for the company's achievement of a milestone under the Securities Purchase Agreement dated January 19, 2010, as amended June 6, 2010.
Fidelis Energy Inc. is an alternative energy technology company developing and marketing solar-powered renewable energy products and solutions. Their products and solutions are part of the new microgeneration' movement that is transforming the way everyday people provide for their energy needs.
The United States currently relies heavily on coal, oil, and natural gas for its energy. These fossil fuels are nonrenewable, finite resources that will eventually dwindle, becoming too expensive or too environmentally damaging to retrieve. In contrast, renewable energy resources such as solar energy are constantly replenished and will never run out.
At Fidelis, they recognize that a green wave of emerging environmental regulations, and government-wide green initiatives, are changing the way consumers, the commercial sector, and states, counties and municipalities, do business. Governments all over the world are enacting tax credits and other financial incentives for the adoption of green, solar solutions.
They are building strategic partnerships with companies that are developing cutting-edge microgeneration technologies and solutions. By harnessing the power of the sun, they're helping consumers and businesses generate their own clean power, reduce carbon emissions, and become part of the global energy solution.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars by a third party for this FDEI email send.
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