CLARIFICATION of BW0078, WA-ENVIRO-ENERGY-CORP.Business Editors & Energy/Environmental Writers CLARIFICATION by...Enviro-Energy Corporation SPOKANE, Wash.--(BUSINESS WIRE)--May 23, 2002 Enviro-Energy Corporation Issues Clarification of Earlier Release Enviro-Energy Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ENGY) (Germany: 676401-EVM.BER (1) (Basic Encoding Rules) A set of encoding rules for ASN.1 notation, which is a method for defining data structures. See ASN.1. (2) (Bit Error Rate) The average number of bits transmitted in error. See BERT. 1. ) issues a clarification that Mr. Thomas Bowers Thomas Bowers (ca. 1826–1885), also known as "The Colored Mario" was an African American concert artist. His title was due to the vocal similarity of his voice to Giovanni Mario, an Italian opera singer. , recruited as Chairman of its subsidiary Energy Flow Management, Inc., was a previous CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of a NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Company (Pacific Energy Resources, Inc.), not a previous CEO of NASDAQ. The Company further announced that the Enviro-Energy Bio Waste System, Biomass #1 in Tillamook, OR is approximately 80% completed. Visit www.enviro-energycorp.com for a picture story update. Enviro-Energy Corporation is a consolidator and operator of bio-waste treatment and energy conversion systems and technologies. Energy Flow Management, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Enviro-Energy Corporation, responsible for developing, manufacturing and operating proprietary Enviro-Energy(TM) Bio-Waste Systems. Colvico, Inc. is a wholly owned subsidiary of Energy Flow Management, Inc. The above news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of Enviro-Energy Corporation, Energy Flow Management, Inc. and Colvico, Inc. and their respective managements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third party suppliers, intellectual property rights and the other risks detailed from time to time in the company's publicly available documents filed with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. Enviro-Energy Corporation, Energy Flow Management, Inc. and Colvico, Inc. assume no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise. |
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