Today before the opening
bell, Resort Savers announced the closing of a $700,000 investment in Worx
America, Inc. The deal gives RSSV exclusive China rights for Worx America’s
proprietary environmental engineering technologies and a 20% pre-IPO equity option.
In addition, the late stage investment will support the commercial development
of new Worx patented technologies.
Government mandated
environmental pressures are forcing China’s rapidly expanding mainland oil
refining industries to modernize, clean up and extract more output or face
closure. Worx America’s has developed a line of environmental energy
technologies to meet these Chinese government mandates.
The Worx automated robotic
systems quickly clean and recover clean oil from container waste sludge,
resulting in increased sales and decreased tank cleaning time. The Worx
multiple line of products and services give RSSV the capacity to offer
proprietary solutions for onshore, offshore and subsea oil production,
refining, cleaning and reclamation.
For more information on
Resort Savers and Worx America, visit www.resortsaversinc.com and
www.worxamerica.com
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