Thursday, March 21, 2019

QualityStocksNewsBreaks – Zenergy Brands Inc. (ZNGY) Completes Zero Cost Installations for U.S.-Based Crypto Mining Operation


Next-generation energy utility company Zenergy Brands (OTC: ZNGY) today announced its completion of installation obligations for two Zero Cost Customer Agreements with BitPlus, LTD., a U.S.-based cryptocurrency mining operation. Zenergy announced execution of its first Zero Cost Agreement with BitPlus on July 12, 2018, and the companies entered into two additional Zero Cost Agreements in November of 2018. In today’s update, Zenergy confirmed that two of three contracts are now installed and operational, while it is planning installation of the third facility in the second quarter of this year. Each of the Zero Cost Agreements is responsible for producing a steady 10 million annual kilowatt-hours to support each of BitPlus’s mobile mining units, and each agreement represents a contracted 48-month revenue stream. “Ever since I first learned of BitPlus’s unique mobile-mining approach, I have been fascinated with this project,” Zenergy CEO Alex Rodriguez said in the news release. “We are excited and thankful for being named as their energy solutions provider.”

To view the full press release, visit http://ibn.fm/rhUgI

About Zenergy Brands, Inc.

Zenergy Brands is a next-generation energy and technology company operating in the emerging smart energy/utility industry. The company provides energy conservation, smart controls, and efficiency-based products and services as a fully integrated energy company. Zenergy is a public company, fully reporting to the SEC and currently trading. For more information, visit the company’s website at www.WhatIsZenergy.com and follow the company on the following social networks: Facebook: Zenergy Brands, Twitter: @ZenergyBrands and Instagram: @WhatIsZenergy.

NOTE TO INVESTORS: The latest news and updates relating to ZNGY are available in the company’s newsroom at http://ibn.fm/ZNGY

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php


No comments: