VANCOUVER, BC, Canada, via ETELIGIS INC., 01/13/2015 – – America Greener Technologies, Inc. (“America Greener”) (OTCQB: AGRN), is pleased to announce that effective January 12, 2015, the British Columbia Securities Commission has revoked its cease trade order issued against America Greener on April 2, 2009 for failure to file certain continuous disclosure documents. The cease trade order was varied on April 22, 2014 to reflect the America Greener’s name change from “Osler Inc.” to “America Greener Technologies, Inc.”
America Greener’s plans to focus its business activities on the marketing and selling of its licensed proprietary technology, which allows for the soft online cleaning of industrial boiler heat transfer surfaces. This online cleaning allows users to optimize their boiler system thereby reducing fuel consumption while also decreasing pollution and long-term degradation of their equipment. America Greener’s target market includes coal-fired power plants, petroleum refineries, waste to energy facilities, biomass facilities, incinerators and other similar combustion operations.
This press release contains forward-looking statements that relate to America Greener’s plans, objectives and estimates within the meaning of the federal securities laws, including statements concerning financial projections, financing activities, product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance, are sometimes identified by words of condition such as "should," "could," "expects," "may," "plans," or "intends," and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: problems securing the necessary financing to continue operations, problems encountered in commercializing America Greener’s technology, difficulties experienced in product development, roadblocks experienced in sales and marketing activities and longer than expected project development processes. To the extent permitted by applicable law, America Greener makes no commitment to update any forward-looking statement or to disclose any facts, events, or circumstances after the date of this release that may affect the accuracy of any forward-looking statement.
On behalf of the Board of Directors,
Michael C. Boyko Director
America Greener Technologies, Inc.
Michael C. Boyko
President & CEO
SOURCE: America Greener Technologies, Inc.