QualityStocks would like to highlight Monar International Inc. (OTCBB: MNAI). The company has recently changed its direction to become a provider of alternative energy technologies to several markets worldwide. The company is focused on licensing and commercializing innovative alternative energy technologies to solve key problems facing the environment in a way that’s cost effective for businesses. The company’s flagship technology, called M-Fuel, is a stable emulsion of approximately 28% water, 70% diesel and 2% proprietary additive.
In the company’s news yesterday,
Monar International announced its strategic alliance agreement with EcoloCap Solutions for the distribution of M-Fuel, a suspension fuel that has been proven to reduce costs associated with conventional fuels while improving efficiencies and reducing emissions.
“We are extremely pleased to announce this strategic alliance after an extensive search for the right business venture that would bring additional value to our stakeholders,” Robert Clarke, president and CEO at Monar International stated in the press release. “After completing our due diligence on the M-Fuel technology, we have negotiated this agreement, positioning us at the cutting edge of alternative energy technologies. We believe this is the ideal time to enter this market as the world seeks to reduce dependence on fossil fuels and searches to find ways to reduce fuel costs, consumption and emissions at the same time.”
Clarke said the company will benefit from the guidance of Dr. Tri Vu Truong, board member of EcoloCap and experienced scientist in the energy and ecology field.
Monar International also announced its plans to order a Nano Processing Unit (NPU) to be built in Korea, as well as its plans to set-up a production center in Canada where potential can view the production of M-Fuel from a mix of diesel fuel or other heavy fuel oils, water, and a proprietary additive.
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