NEW ORLEANS, Dec. 3, 2013 (GLOBE NEWSWIRE) -- Renew Energy Resources, Inc. (Pink Sheets:REER) ("RENEW" or the "COMPANY") announces the launch of Vertically Integrated Renewable Solutions, a new and progressive way of creating profitable renewable energy through vertical integration and end-to-end supply chain management, partnerships, and ownership. This concept was first filed in the Company's 2007 10K and has been in constant revision and experimentation since then. The Company anticipates rolling out multiple partnerships, acquisitions and operating opportunities first in BioDiesel and then in sucrose based Ethanol. The initial phase of the plan is anticipated to commence in Q-1 2014.
The Company also anticipates being able to bring a new financing model to support Vertically Integrated Renewable Solutions that will ultimately allow all parties to participate in risk and profitability throughout the supply chain thus aligning all parties toward mutual profitability.
The Company filed an 8K with a more detailed Business Plan.
For more information please visit www.renewenergyresources.com
This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, competitive factors, timing, and other risks described in the company's SEC reports and filings.
CONTACT: Alex H. Edwards III 504-934-1620Source:Renew Energy Resources, Inc.