SHARE

News Alert: Citius Pharmaceuticals Receives FDA Approval For LYMPHIR™ (Denileukin Diftitox-Cxdl) Immunotherapy For The Treatment Of Adults With Relapsed Or Refractory Cutaneous T-Cell Lymphoma. Click to Read More.

Sunvault Energy Inc (OTCMKTS:SVLT) reported that through its incubation firm Aboriginal Power Corp, it had commenced to add clients to its electricity utility power sales plan. In the coming months, the company anticipates to add almost 3,000 customers via existing deals with Aboriginal communities. The primary objective of Aboriginal is to provide green and clean energy generation, national gas and electricity retailing service and access to company’s leading graphene energy storing technology.

The scope

With conservative trading multiples existing in the power utility industry, the anticipated valuation per customer for Aboriginal is projected to be around $2,000 CDN per client. This projected value per customer covers a soon to be introduced natural gas solution that will be added to and in combination with the electricity solution. Sunvault incubation firm intends to conservatively extend its customer base to 10,000 clients within the first year.

The management comments

Trent Blind, the President of Aboriginal Power Corp, said that it is the first plan in North America that will be exclusively focused on developing sustainability and independence within Aboriginal communities throughout the U.S. and Canada. This service will reduce natural gas and power pricing and enhance the value proposition for APC and related business partners.

The objective

Energy independence results in more sustainable and healthy environments for people. It helps to save natural resources for present and coming generations. APC has tremendous experience introducing renewable energy programs to market. It engages in the advancement of different energy resource projects for commercial and industrial uses, municipal benefit and domestic consumption.

The scope

Sunvault Energy Inc (OTCMKTS:SVLT) highlighted that Alberta is a deregulated market and power is supplied from generators to customers using the electrical grid. APC without interfering with the process is able to offer a discounted rate via the terms of bundled contract offerings, billing and customer care services.

In early morning trade on Friday, the stock price of Sunvault was trading almost flat at $0.670.

SHARE
Previous articleThinspace Technology Inc (OTCMKTS:THNS) Partners With Global Design And Manufacturer
Next articleEMS Find Inc (OTCMKTS:EMSF) Signs LOI for Acquiring Page Out
Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.