(Update) VTXB announces major news this morning

Published: Thu, 06/06/19


 

Good morning,

Our trade idea, VTXB, announced major news this morning that they are preparing for a pilot program in Detroit, Michigan. Check it out...

Vortex Brands Identifies 30 Pilot Program Sites In Detroit Michigan

SACRAMENTO, Calif.--(BUSINESS WIRE)--

Vortex Brands Co. (USOTC:VTXB) announced today that the company is preparing for a pilot program in Detroit Michigan.

CEO Todd Higley stated, "We are pleased to announce that we are meeting with a group of energy experts next week that have mapped out 30 locations at large industrial facilities in Detroit that will serve as locations for a mass pilot installation. This team will manage the installation and monitor the results closely once the units are in place. This team will also help to facilitate contracted revenue agreements based on overall results."

Mr. Higley continued with, "We are also in negotiations with a joint venture partner who has exclusive technology focused on reducing the end-user energy requirements. Our PAS technology will serve as an enhancement to their offering. There are applications with their product that may be implemented as part of the Detroit project."

Mr. Higley finished up with, "This week we will also be interviewing an additional board member who has experience creating value for end-users through various state laws related to carbon reduction and energy efficiency. We are pretty confident that he will be joining us and will make a formal announcement on his appointment in the coming weeks."

You can view the press release at https://finance.yahoo.com/news/vortex-brands-identifies-30-pilot-132200746.html

All the best today.


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Subscribers,

We're back with a new long term play. One that's been quietly creeping higher over the past few months.

Priced at just $0.0115 we think Vortex Brands Co (VTXB) could be a sleeper. 

Last year VTXB traded at well over $0.03. That's over 200% higher than its current price.

And with such a small market cap of around $3m, we think getting back to those 2018 highs could be a real possibility.

But its the fundamentals that will excite you rather than the technical's.

America is a global leader in many aspects, but when it comes to energy efficiency, we’ve got some work to do. The United States ranks 10th out of 25 of the world’s largest energy users, based on efficiency metrics, and the World Economic Forum reports that the nation wastes 68% of the energy it produces.

Vortex Brands Co (VTXB), operating as Vortex Green Energy will provide as a service multipurpose Phase Angle Synchronization (PAS) equipment to electric utilities nationwide. PAS is a one-of-a-kind technology designed to address a one-hundred-year-old inherent problem that was thought to be unsolvable: the inefficient power consumption caused by electric motors.

Improving consumption efficiency will extend the life of the grid by protecting it from excessive wear and damage, improve grid reliability by reducing line congestion and increasing reserve margin, while creating true cost savings for the utility at no cost for the equipment.

Instead, revenue is generated under a Share-of-Savings business model wherein the utility shares the savings with Vortex created by the PAS service on a monthly basis.

PAS is designed to address industrial and commercial use applications in a scalable solution where the majority of wasted electricity occurs, and the largest opportunity exists.

Clients of the utility benefit from progressing toward carbon footprint reduction goals without capital expense or investing in any new equipment. Operations initially are focused in California before expanding nationwide.

The Company recently appointed an industry veteran, John Nunley, to its Board.

Nunley has 40 years of professional experience that includes energy conservation methodology, energy efficiency and renewable energy development, project controls, new wind generation technology product development, environmental testing. While serving as director of the Wyoming Energy Office (1991-2003), he was introduced to Phase Angle Synchronization (PAS) technology, an exceptional innovation that removes and recycles wasted kilowatts from congested electrical wires.

The Wyoming Energy Office installed PAS units in three unrelated facilities, where the technology successfully improved energy consumption. Its rapid and stellar performance at a cold storage facility in Laramie, however, took everyone by surprise.

“After the first full month of operation, the monthly power requirements had dropped so drastically that the power company in Laramie sent one of their technicians out to check the meter at the facility. They were convinced that the meter was broken and needed to be replaced,” Nunley recently stated.

Instead, the technicians found nothing other than dramatic efficiency. PAS not only improved the facility’s waste problem, but its caliber of efficiency meant the plant could operate using less energy. For more than a decade, Nunley continued to follow the development of this promising technology, then marketed by Tripac Systems.

“At the time, it was intriguing to think about the massive potential of the PAS technology once implemented on a large scale,” said Nunley.

Unbeknownst to anyone, Nunley would later be part of a team working to bring an advanced version of this technology to market.

As part of its manufacturing and marketing strategy, VTXB is adding new members to its team and recently asked Nunley to join its board of directors. While Nunley’s professional experience and industry contacts greatly complement the company’s vision, perhaps the greatest value is his familiarity with PAS technology.

“With John’s years of experience and prior experience with an early version of our product, he is passionate about helping us to bring our product to market and will begin immediately networking with key contacts that we want to include in the rollout… ,” stated CEO Todd Higley.

To fully appreciate PAS technology’s potential, you need to understand how Vortex Brands intends to use it.

In 2018, U.S. utility-scale electricity facilities generated roughly 4.2 trillion kilowatt-hours (kWh), a large majority of which goes to waste. Vortex Brands intends to reduce energy waste and improve electric grid infrastructure using a “share of savings” business model. Under this model, power companies will use (not purchase) PAS technology and energy efficiency services to reduce generation, operation and maintenance costs. Power companies can then relay their cost savings to consumers while still generating revenues.

Vortex Brands says this strategy will benefit the company and its shareholders, as well as utility companies, the consumer and the environment. Bringing Nunley on board only accelerates this potential.

“I believe the benefits that can be derived from the implementation of the technology can be significant in terms of environmental emissions reductions, while having social and industry benefits by overall reductions in the cost of electricity,” he said. “It is my hope and intention that as a board member I can help Vortex brands promote this technology in a fashion that will bring it to mainstream acceptance.”

Witnessing the power of PAS technology in its earliest forms, Nunley has renewed confidence in its potential to the energy industry.

“I am confident that… this technology, when implemented by electric utility companies, can and will reduce the amount of power they need to generate, thereby reducing their power generation costs by being able to purchase less fuel, can reduce the congestion on existing power lines, and can help to reduce their overall environmental emissions,” he said.

Next up for Vortex Brands is the establishment of an R&D facility in the State of Washington, in close proximity to core members of its team. The company is also moving toward manufacturing and earlier this month said it will begin placing orders for components of the PAS units. With no introduction necessary, Nunley is ready to hit the ground running and help bring this technology to market.

Source: https://www.smallcapvoice.com/new-vortex-brands-board-member-is-well-familiar-with-the-potential-of-pas-technology/

For more information visit the following: 

http://VortexGreenEnergy.com/video

http://vortexgreenenergy.com/how-to-save-a-million/

http://vortexgreenenergy.com/improve-the-environment/




Recent News 

Vortex Brands Moving Forward With Production of Phase Angle Synchronization Units

SACRAMENTO, Calif., May 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE --  Vortex Brands Co. (VTXB) announced today that the company will begin initial production of their signature product.

CEO Todd Higley stated, "We are pleased to announce that our demo unit has been moved to Bellingham, Washington where it will be housed in the research and development facility.  The demo will serve as a test unit as we begin the process of production.  We will begin with production and testing of wiring harnesses for the units designated for our pilot programs."

Mr. Higley went on to say, "We have narrowed our focus down to two key strategic locations for implementing pilot operations.  We have had significant interest in Northern California for months now and as of late, there has been an increase in interest coming out of Detroit, Michigan.  We feel strongly that we should start where the interest is solid and where implementation will be as smooth as possible and these two locations should prove to be advantageous."

Mr. Higley finished up with, "The announcements we will be making over the next few weeks and months are the culmination of years of work."

You can read in full at https://finance.yahoo.com/news/vortex-brands-moving-forward-production-130000837.html


Our Conclusion

VTXB is trading well below its 2018 highs of over $0.03. It has been range bound for quite some time however in the last few months VTXB has been slowly moving up higher on light volume.

We think with the small market cap and recent news catalysts VTXB could be a real winner at these levels.

Get VTXB on your screen and do your research now.



All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
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