This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Clean Power Concepts Signs Major Sales Agreement

REGINA, Saskatchewan, Jan. 13, 2011 /PRNewswire/ -- Clean Power Concepts Inc. ('Clean Power' or the 'Company'), (OTC Bulletin Board: CPOW), reported today that it has signed a significant long -term agreement with K.N.D. Feeds Ltd. ('KND') of Saskatchewan to market the company's crude canola oil and canola meal off-take on an on-going basis to an expanded base of customers on a global scale.

KND is a well -respected Saskatchewan based supplier to the livestock feed market, which has been in the feed/commodities sales business since the mid 1980's. Under this marketing agreement, KND has committed to market Clean Power's canola products. The agreement is comprehensive and has sales estimates of 400 metric tons of canola oil and 600 metric tons of canola meal off take per month for the next five (5) years. At current canola oil and meal off take prices this amounts to approximately US$616,900 per month, US$7,403,000 per annum or US$37 million over the next five years. The majority of this oil is intended for the fast growing animal feed market.

"We at Clean Power are fortunate to have the opportunity to work with such successful and reputable people as Ken Kuntz at KND," commented Mike Shenher, President and CEO. "We believe that expanding our sales network  with partners like KND is enhancing our competitiveness and positioning the Company for further growth. In doing so we've significantly enhanced our ability to capitalize on global sales opportunities through this sales agreement," Shenher added.

"We have been working diligently in 2010 to execute our business plan – to build our infrastructure, expand our product line and establish meaningful, tenured and protected sales and distribution agreements with well established  companies such as KND whose innovative sales focus and values fit our exacting criteria," concluded  Shenher. "Today's announcement is pivotal for the Company as we turn our attention now in 2011 from supply and development, to targeted sales execution."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,757.91 +138.40 0.79%
S&P 500 2,077.42 +14.31 0.69%
NASDAQ 5,013.1230 +26.2560 0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs