AUSTIN, TX--(Marketwired - Aug 21, 2014) - Building Turbines, Inc. (
On August 8th, BLDW successfully completed a full LED lighting installation for a new warehouse construction in Austin, TX. The installation included a custom designed battery backup system for emergency lights.
We are also pleased to announce that BLDW has several new projects in the pipeline; press releases with detail will be provided in the near future.
Updates on certain prior releases are as follows below:
March 12, 2014 and January 29, 2014 - The press releases stated that it completed the installation of LED lights in a Star Pipe facility in Houston Texas. This project was completed and partially funded by BLDW and the customer is satisfied. The payments for this project were diverted through a company that was formed by an independent sales representative of BLDW operating in Houston without our consent. This company was named "BLDW Lighting and Installation, Inc."; Building Turbines, Inc. is not in any way associated with this company.
December 5, 2013 - BLDW issued a press release that it has completed the initial LED installation for the City of Pasadena. It is our belief that the project was also diverted to BLDW Lighting and Installation, Inc. as was Star Pipe.
It is the fiduciary duty of BLDW's Officers to disclose all information whether it is positive or negative to its stockholders. The good news is we have identified the people responsible for this activity and will have no dealings with them in the future. BLDW's legal counsel is investigating the possibility of legal action against these individuals.
For a general update: On January 8, 2014 - BLDW issued a press release related to accepting Bitcoin as payment and intent to Manufacture Cryptocurrency Mining Products. BLDW does continue to accept Bitcoins, but its officers decided it would not be in the best interest of the company to manufacture and sell Cryptocurrency products.
About GREEN CITY PLANET: www.greencityplanet.com
Green City Planet is premier provider of LED lighting, Solar and environmentally sound industrial solutions, and is a wholly owned subsidiary of Building Turbines Inc.
About BUILDING TURBINES, Inc.: www.buildingturbines.com
Based in Austin, Texas, Building Turbines, Inc. is focused on the design and manufacture of patented rooftop wind turbines; as well as, vertically integrating into other renewable energy solutions to complete a total Green Energy Solution for any urban environment.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.