Yahoo! Finance
Converde Energy Inc. formerly W2 Energy Inc. (OTC Pink: WTWO) (WTWO),
is pleased to announce that it has received a $250,000.00 USD purchase
order and a 20% deposit to develop a simultaneous grinding and
extraction machine capable of extracting products from hemp and cannabis
plants. The company has entered into a Memorandum of Understanding
(MOU) with Delaware based iKingdom Investments Inc., www.ikingdomii.com
for the creation of a Joint Venture (JV) that will specialize in the
extraction of Terpenes, Cannabinoids and Fatty Acids from Hemp/Cannabis
Plants. This system will differ from other extraction machines in the
market, as it will be able to remove the products from the plants
without high temperature or pressure. This method will allow the active
ingredients in the plants remain in a more natural state without the
extraction process denaturing the product.
http://finance.yahoo.com/news/converde-energy-inc-formerly-w2-161500566.html
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