On the corporate side management continues to work with its auditors and legal team to put together our registration statement to become fully reporting. Our corporate team expects to have this competed by year end as we wish to include 2012 as part of the submission.
Our Texas facility is up in full swing and Dr. Teiseh has been continuously working on productionizing our catalyst product for the the gas to liquids reactor. Once this catalyst is in a state of commercial production the team will begin developing other catalysts for use with our NT plasmatron system such as alcohols and other high value chemicals.
As we close out 2012 we are pleased to see the changes in our corporate strategy and the fruits of our labour. The company is becoming increasingly recognized as a leader in our field and we look forward to what 2013 will bring to W2 Energy and its shareholders.
About W2 Energy:W2 Energy Inc. develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy's plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt. W2 Energy Inc. has seasoned management, cutting edge technology and owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production. For more information on W2 Energy please see: www.w2energy.com Safe Harbor This release contains statements that constitute 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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of W2 Energy, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond W2 Energy, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in W2 Energy, Inc.'s filings with the Securities and Exchange Commission.