While new construction projects are safely on the fast track in Latin America, Onyx Service & Solutions, Inc. (OTCQB:ONYX), is using this week to focus on supply agreements and monetizing new technology the company now owns due to its earlier acquisition of Southern Geo Power Corp. One of the new technologies that ONYX gained from the acquisition is named “eTessla” – a wireless power transmission product in development that is designed to eliminate the need for disposable or rechargeable batteries. Since ONYX is already a premier distributor for Hong Kong based Optimum Solar, management has engaged Optimum to finish the prototype designs of eTessla, procure manufacturing agreements in Shenzhen, China and ready the product for retail sales.
About Onyx Service & Solutions, Inc. (OTCQB:ONYX)Onyx Service & Solutions, Inc. is a for-profit corporation that focuses on monetizing brilliant alternative energy solutions. ONYX Service & Solutions Inc. is listed on the NASDAQ OTC exchange as an OTCQB tier company. OTCQB companies report to the SEC or a U.S. banking regulator, making it easy for investors to identify companies that are current in their reporting obligations. OTCQB securities may also be quoted on the FINRA BB. The OTCQB allows investors to easily identify reporting companies traded in the OTC market regardless of where they are quoted. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50030777&lang=en