English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 9 January 2018, 15:00 HKT/SGT
Share:
    

Source: Enerkon Solar International
Enerkon Solar International Announces Planned $40M+ Solar Asset Acquisition

FREEPORT, N.Y., Jan 9, 2018 - (ACN Newswire) - Enerkon Solar International, Inc. (OTCPK:ENKS) is pleased to announce that it is working to acquire what appears to be a profitable $40,000,000+ asset solar energy company. Enerkon expects to exchange shares in the target solar energy company early in this quarter.

Enerkon continues to believe, if and when completed, that this is just the first important step in a change of corporate direction that could increase shareholder value over short and long term time periods, and is excited to be working on entering the fast-growing solar energy field. Enerkon expects to release further information as the execution of the plan unfolds.

It is also expected that Enerkon will have experienced management changes to facilitate the entry into this exciting new developing area of green technology. A key figure in this new management is planned to be Mr. Benjamin Ballout who is expected to replace Dr. John Cappello as CEO.

Mr. Ballout, is currently serving as a Managing Director of Diplomatic Trade Ltd., a U.S. corporation with offices in New York, NY and Beirut-Lebanon. Benjamin is a Midcareer Executive who brings in over seventeen years of experience in various industries from Finance, Real Estate Development, Aerospace and Defense, and International Affairs with an understanding of the international trade and policies that affect global outcomes is part of his work functions.

Benjamin is also involved in numerous Nation Buildings projects along with multiple Humanitarian relief effort. He had the privilege to be among forward thinkers to participate in the project on U.S. National Security Reform Act. He also has a wealth of knowledge in the solar energy field.

Contact Information:

John V. Cappello, CEO
Enerkon Solar International, Inc.
www.enerkoninternational.com
Tel: 1-484-518-9000

This press release was issued through EmailWire.Com - a global newswire with press release distribution services (http://www.emailwire.com).

Topic: Merger & Acquisition
Sectors: Daily Finance, Alt. Energy
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Suprema to Showcase Biometric-based Centralized Access Control at Intersec 2018  
Jan 19, 2018 15:00 HKT/SGT
DENSO Undertakes Demonstration Project to Advance Manufacturing Industry in Thailand  
Jan 19, 2018 13:47 HKT/SGT
Eisai: Oral Antifungal Agent NAILIN Capsules 100mg Approved in Japan  
Jan 19, 2018 13:35 HKT/SGT
Eisai Enters into Licensing Agreement with Adlai Nortye for Potential Anticancer Agent E7046  
Jan 19, 2018 13:23 HKT/SGT
Mazda Opens Engine Machining Factory at Thai Powertrain Plant  
Jan 19, 2018 13:00 HKT/SGT
GODIVA CHOCOLATE FASHION SHOW: Lagardere Travel Retail Singapore and Godiva Launch the Gold Discovery Collection in Style with a Spectacular Fashion Show  
Jan 19, 2018 13:00 HKT/SGT
PSB Academy inks partnership for sports science students to win smart with data analytics  
Jan 19, 2018 11:30 HKT/SGT
TEPCO looks to the transformative potential of blockchain by investing in Electron, a UK energy technology company  
Jan 19, 2018 11:00 HKT/SGT
Toyota Mirai Fuel Cell Electric Vehicle to Go on Sale This Year in Canada Starting in Quebec  
Jan 19, 2018 08:48 HKT/SGT
Discover Increases Acceptance in Hong Kong  
Jan 18, 2018 23:00 HKT/SGT
More Press release >>
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: