MONARCH BEACH, Calif.--(BUSINESS WIRE)--MC Endeavors, Inc. (PinkSheets: MSMY) announced today that it has signed a strategic partnership with Fiscal Dynamics Limited, (“FDL”) of Lagos State, Nigeria for distribution of MCE-LBI Renewable products throughout the Six (6) Geo-Political Zones of the Federal Republic of Nigeria. FDL has been involved in environmental disaster remediation, oil spills and specialty chemical clean-ups, environmental soil bioremediation and extraction technology consultancy services in Nigeria since 1991. FDL has established business relationship with organizations such as Shell Oil Corp., Chevron Oil Corp. and other Multi-nationals operating in Nigeria and the FDL-MCE-LBI partnership opens the door for growth in new areas of business for all three (3) companies.
CEO and Managing Partner of FDL, Akinpelu Cornelius Shogunle, Ph.D., P.E. affirmed that “DualZorb fulfills the scope of requirements in a single product needed to address the Nigerian oil spill clean-up and environmental challenges it faces every day.” Many of these problems are highlighted in the Guardian’s May 2011 article about the ignored Nigerian Oil Spill that dwarfs the U.S. Gulf spill, including containing the oil fires caused by the spills. FDL’s projected sales over the next 5 years will be between $5.4M to $9.3M for oil spill clean-up in Nigeria.
Dr. Shogunle went on to say, “More oil is spilled from the Nigerian Delta's network of terminals, pipes, pumping stations and oil platforms every year than has been lost in the Gulf of Mexico, the site of the last major ecological catastrophe caused by oil that poured from a leak triggered by the explosion of British Petroleum's Deepwater Horizon Rig last April.”
Tim Algier, President and CEO of MC Endeavors stated, “DualZorb, PondZorb and AcidZorb will be a great addition to FDL’s tool chest for cleaning up oil pipeline ruptures, extinguishing oil fires and absorbing oil from contaminated soils and waterways. These natural biodegradable absorption products are very safe to use, silica dust free without carcinogens, and they suppress hazardous fumes by encapsulating chemicals into DualZorb’s cellulose fiber. Pouring 1-ton bags of DualZorb onto an oil fire via a long crane arm safely extinguishes the blaze by absorbing the fuel source.”
Fiscal Dynamics Limited (FDL) Contact Information:
FISCAL DYNAMICS LIMITED |
30, Oguntona Crescent |
Gbagada-Phase I |
Lagos State, Nigeria |
Attn: Akinpelu Cornelius Shogunle, Ph.D., P.E. – Managing Partner |
E-Mail: CShogunle@yahoo.com |
Company Primary Telephone #: (+234) 709.873.0484 / (+234) 709.425.5715 |
Direct Contact Telephone: (+234) 810.285.3967 / (+234) 805.271.4496 – Within Nigeria |
Direct Contact Telephone #: (+1) 708.770.7162 – Outside Nigeria |
Web address: www.FiscalDynamicsLtd.com |
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FORWARD-LOOKING STATEMENTS
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward–looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward – looking statements whether as a result of new information, future events or otherwise.