International Development Corp. Launches Water Treatment Subsidiary -- Fresh Water Technologies Inc.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- International Development Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IDVL) today, publicized the establishment of its 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. Fresh Water Technologies Inc., a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. . Fresh Water Technologies Inc. provides its customers with state of the art chemical free clean drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. and industrial/commercial water treatment technologies. IDVL President Max Weissengruber stated, "FWI FWI Fire Weather Index FWI French West Indies FWI Families and Work Institute FWI Financial Women International FWI Forest Fire Weather Index FWI Freshwater Institute (Shepherdstown, WV, USA) FWI Flying While Intoxicated will focus its business efforts in North and Latin America. FWI will build a distribution network that provides ongoing local service and support to our customers. Through out the Americas there is an unprecedented demand for effective, chemical free water management systems. The public's demand for safe drinking water has never been higher, given that the cost, availability and safety of the drinking water supply are critical economic and health concerns. Conversely, industrial and commercial users of water for heating, cooling and processing purposes are embracing state of the art chemical free water treatment technology to increase energy efficiency, reduce maintenance costs and prolong the life of their equipment by replacing chemical methods with environmentally friendly technology that removes and prevent scale, rust and corrosion without harming the environment. FWI believes that its focus on effective, chemical free technologies such as ultra violet, ozone and water activation will triumph due to the public's demand for products that meet increasingly stringent environmental standards." International Development Corp. business strategy is to identify and close focused acquisitions, building our company through steady planned growth. By creating a subsidiary company to continue its investment in chemical free water treatment technologies, the company believes it will be able to capitalize on its significant water treatment activities while pursuing corporate diversification through the acquisition of promising private companies that have proven technological excellence. Forward Looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks 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, and other risks detailed from time to time in the Company's periodic reports files with the Securities and Exchange Commission. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion