Aug 14, 2017
OTC Disclosure & News Service
Weston, Florida, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Petrone Worldwide, Inc. Signs Letter of Intent with Bio-Clean International, Inc. to Distribute Potable Bulk Water Globally Due to the Demand from Water Stressed Regions
Weston, Florida (Uptick Newswire - August 14, 2017) - Petrone Worldwide, Inc. (OTCQB: PFWI), Bulk water supplies are used for both everyday and emergency situations and include applications related to potable and non-potable water delivery systems and subsystems such as transmission and distribution pipelines, ship and aircraft transport, and water tankers/wagons. Adequate water quality must be maintained in the bulk water filling, storage, transportation and distribution system/process so that safe water can be delivered to users.
Petrone will globally supply potable water through its logistics platform under exclusivity of negotiated long-term ‘Water Purchase Agreements’ from two governmental renewable fresh water sources.
"We're taking Bulk Water, Packaged & Bottled Water solutions to the 1.1 Billion people that lack clean, potable water" said Victor Petrone, chief executive officer. "Well-researched and strategic new distribution channels are the core basis of our strategy to respond to the demand from water stressed regions in need.” We're using all the resources at our disposal, including our strategic partnership to create momentum and meet market demand head on."
Petrone Worldwide, Inc. will continue to update both the public and shareholders on a regular basis by way of press releases, financial statements and other SEC disclosures.
About Petrone Worldwide, Inc. (OTCQB: PFWI)
Petrone Worldwide, Inc. is a leader in the hospitality industry with global operations capabilities. Now providing third party logistics for overseas manufacturing companies attempting to sell their goods in North America, PFWI sells and markets products under its own proprietary name and acts as distributor for a wide variety of companies to the hospitality trade. For more information visit www.petroneworldwide.com.
Forward-Looking Statements Disclaimer
This press 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. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
For further information, please contact:
2200 N. Commerce Parkway
Weston, FL 33326
Source: Uptick Newswire
2200 N. Commerce Parkway
Weston, FL 33326
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