For more information on the Company see: www.OnyxService.com.About Onyx Service & Solutions, Inc. (OTCQB: ONYX) Onyx Service & Solutions, Inc. is a for-profit corporation that focuses on brilliant alternative energy solutions including medium to large-scale solar construction projects, cutting edge solar technology acquisition and development, new to market solar product development, advances in solar product manufacturing, worldwide solar product sales and creative financing expertise of alternative energy related projects. 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.
Onyx Service & Solutions, Inc. (OTCQB:ONYX) announced that Company President Malcolm Burleson left for Peru today to further the Company’s strategic business plan of developing solar power projects in Latin America and the Caribbean, where current electricity costs are typically much higher than the US. ONYX is currently in the hunt to develop a municipal solar power project for the city of Lima, the country’s capital and largest city and for the city of Chicaylo, which is the capital of the country’s northern Lambayeque Region. The ONYX business plan recognizes that there is an extremely lucrative market for solar power projects throughout Latin America and the Caribbean, especially in nations that currently use diesel generator produced electricity. A large portion of the Caribbean and Latin America uses diesel generator powered electricity, causing rates between 35 cents to 44 cents per kilowatt hour. The Company is currently concentrating on securing the most profitable solar power projects in the region. ONYX’s pursuits have been fruitful, as the Company has secured two solar power projects in Honduras, one of which is 22 megawatts as well as making good headway toward securing solar power projects in Panama and Columbia. “Once again, we expect this trip to result in very positive results for the Company,” Burleson stated. “Our decision to seek out the most potentially lucrative solar energy projects in the Western Hemisphere seems to be a sound one,” he concluded. Onyx Service & Solutions, Inc. aggressively acquires, develops and markets the most promising and potentially profitable energy projects and technology possible. The Onyx mission is to manifest cutting edge energy technology, products, manufacturing advances and construction projects to successfully compete in a global energy marketplace, which includes General Electric (NYSE: GE), Trina Solar (NYSE: TSL), JA Solar (NASDAQ: JASO) and Canadian Solar Inc. (NASDAQ: CSIQ).