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Global Warming Solutions, Inc. (GWSO)

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  • GlobeNewswire

    GLOBAL WARMING SOLUTIONS INC ACHIEVES BREAKTHROUGH IN RESEARCH OF NEW BATTERIES FOR ELECTRIC VEHICLES

    Jacksonville, Florida, Dec. 01, 2020 (GLOBE NEWSWIRE) -- The research and development department of Global Warming Solutions, Inc. (OTC MARKETS: GWSO), has found a very cost-effective way of producing a solid electrolyte for batteries that can be used for EV. The company has already started laboratory testing of the battery’s electrochemical cells.The company’s approach in developing a new type of battery used in EV will be based on sodium as an active material in the battery anodes versus lithium which is more commonly used. Sodium has a number of advantages over lithium e.g.; resources for its production are immeasurably larger and its price on the market is ten times lower than that of lithium. In addition, the battery cathode does not contain scarce cobalt. This opens up opportunities for rapid growth in both development, and battery production for electric vehicles by costing much less than usual.The company is in the final stages of filing a worldwide patent application for a new EV technology based on this sodium-based device.“The first results we are seeing in our laboratory tests of new electrochemical cells are very encouraging,” says Artem Madatov, GWSO chief scientist. Calculations based on measurements of the cell characteristics showed a battery capacity of 8 MJ / kg. This means that with a battery weight of 300 kg (661 lbs.), a light truck can travel for about 750 miles on a single charge. Another important feature of our battery is the absence of the so-called "memory effect.” E.g.; during long-term operation of the battery, its electrical capacity does not decrease. Durability of the cathode and anode will allow recharging the battery about 2000 times. Thus, operating an EV for 1,500,000 miles will not require a battery change.GWSO Chief Executive Officer Dr. Vladimir Vasilenko noted that the low cost of sodium batteries has expanded the market for the sale of our new product. In addition to the electric car industry, other market niches are opening up, such as major capacity batteries for electric ocean-going ships, electric boats and yachts. Existing markets, such as the market for stationary electrical energy storage, will also expand significantly. At the same time, the development of battery production will not be limited by the rate of lithium supply. “We plan to double the sales of our products year over year, ”said Dr. Vasilenko.To learn more about Global Warming Solutions, Inc. Visit: http://www.gwsogroup.comForward-Looking Statements This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: potential, expect, look forward, believe, dedicated, building, or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at https://www.gwsogroup.com.Contact:Vladimir Vasilenko CEO Global Warming Solutions, Inc. Vladimir@gwsogroup.com

  • GlobeNewswire

    Global Warming Solutions Inc. Announces Successful Completion of PCAOB Audit. Introduces New Product Line.

    Jacksonville, Florida, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Global Warming Solution Inc., (OTC MARKETS: GWSO), is pleased to announce that it has completed an audit of its financial statements for fiscal years 2019 and 2018.  The Company can now start up-listing to the OTCQB Alternative Reporting Standards and Guidelines. The audited financial statements for fiscal 2019 and 2018 have been filed at OTC Markets. CEO Vladimir Vasilenko stated, “The company has now completed PCAOB audits for the previous two fiscal years and is now in compliance with all of the requirements needed to advance the company’s future growth.” On a more exciting note, we are thrilled to introduce a new hybrid method to deploy HLE (Healthy Lighting Energy) with Ozone for killing pathogenic microorganisms- bacteria, fungi/molds and viruses. Ozone has been recognized as a natural killer of viruses in nature. The company’s HLE (Healthy Lighting Energy) of special lighting system that was designed, works synergistically with Ozone in killing microbes not only in air and on a surface of any materials, food and any other products or clothing but also within them because of high penetration ability (up to 10 cm or 4 inches) of HLE in a volume of solid or liquid matters of a treated object. This synergistic effect makes our sterilization technology unique and safe at the same time because HLE does not deploy any dangerous radiation including UV-C light. The hybrid systems that combined portable or stationary Ozone generators, with HLE lighting bars or panels can be used effectively in crowded hospitals, public spaces, closed public transportation, and indoor homes.The company is working on bringing to the market an ozonated water device within faucet systems. Ozone is a much stronger disinfectant in destroying viruses and bacteria in the water when compared with chlorine. The University of Dundee evaluated the anti-microbial efficiency of ozone water from an ozone generating faucet. They found that it’s antimicrobial properties are 100 times stronger and react 3000 times faster than chlorine as a disinfectant within the first minute. Ozone leaves no trace of residual products upon oxidative reaction. After 20 minutes, ozonated water reverts into plain water and oxygen gas. They believed that the use of ozone water may reduce the usage of toxic chemical disinfectants up to 50%application of this device is endless as light sources can be used in most industries. The company is expecting a tremendous interest in the product and has already been approached by some of the largest international distributors which we expect to be followed by many orders. To learn more about Global Warming Solutions, Inc. Visit: http://www.gwsogroup.comForward-Looking StatementsThis press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: potential, expect, look forward, believe, dedicated, building, or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at https://www.gwsogroup.com.Contact: Vladimir Vasilenko CEO Global Warming Solutions, Inc. Vladimir@gwsogroup.com

  • GlobeNewswire

    Global Warming Solutions Inc. CEO Cancels 12 Million Shares to Increase Shareholder Value

    Jacksonville, Florida, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Global Warming Solution Inc., (OTC MARKETS: GWSO), today announced a major common share restructuring led by Chief Executive Officer, Vladimir Vasilenko, who will cancel 12 million shares as part of the Company’s efforts to increase shareholder value and to uplist on the OTCQB Venture Market Place. The OTCQB Tier, which has more stringent reporting standards, compliance requirements and requires that companies maintain minimum share prices and be fully reporting, provides investors with increased transparency.  This change in share structure will be effective immediately."I am deeply committed to the vision of our company and our plan of action to increase shareholder value. By personally canceling 12 million shares that I own, I want to reassure the investment community and convey my enthusiasm for where we are headed and the opportunities we see on the horizon. The return of these shares demonstrates management's desire to maintain a capital structure that supports growth without resorting to the increase of our authorized shares,” said Vladimir Vasilenko.The company total outstanding shares after 12 mln shares are cancels will be at 19.3 mln shares.The company is also pleased to announce that effective today, Dr. Krystine T. Nguyen, NMD, MPH, RD has joined its Advisory Committee.A licensed Naturopathic Physician clinically trained in integrative therapeutics, Dr. Nguyen chooses treatments based on her individual patients needs. Having completed her clinical rotations in both conventional, and alternative medicine, she attains optimal results for her patients by combining traditional healing, and standard medical practices.Prior to pursuing medical school, Dr. Nguyen studied pre-med and received a Bachelor of Science degree from the University of California, Los Angeles (UCLA). Upon graduation, she worked for Cedars-Sinai Medical Center in Los Angeles as a Research Associate for the Inflammatory Bowel Disease Research Center. She also obtained her dual degree in Master of Public Health (MPH) in Nutrition and Registered Dietitian (RD) program at Loma Linda University in California and worked for Kaiser Permanente Hospital as a Clinical Dietitian in the Intensive Care Unit (ICU) and outpatient clinic.To learn more about Global Warming Solutions, Inc. Visit: http://www.gwsogroup.comForward-Looking StatementsThis press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: potential, expect, look forward, believe, dedicated, building, or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at https://www.gwsogroup.com.Contact: Vladimir Vasilenko CEO Global Warming Solutions, Inc. Vladimir@gwsogroup.com