Axial Vector Energy Corporation announced over the weekend that it has formed a Joint Venture involving Petro-AVEC (the previously announced Joint Venture between AVEC and Petrosonics, LLC) and Constellation Capital Management, LLC of Novato, California.

This Joint Venture will be named Petro-AVEC North America, LLC (”PANA”). PANA intends to establish its North America headquarters in Northern California immediately. According to the press release, Constellation Capital Management, LLC will own 15% of the JV and Petro-AVEC will own 85%.

Petro-AVEC also announced that Constellation Capital’s Senior Advisor William Jeffrey Gilliam has been appointed as PANA’s Chief Executive Officer.

Commenting on his appointment as PANA CEO, Bill Gilliam stated, “I am thrilled to join a worldwide team lead by Dr. Mark Cullen. Dr. Cullen’s broad accomplishments in the Health Care field stand alone in representing a life time of hard work and World Class scientific

Today, Axial Vector Energy Corp. announced that it has retained Redwood Consultants, LLC, a full-service investor relations firm based in California, to assist in shareholder relations and investor communications. Redwood will also play a crucial role in the company’s strategic planning and implementation of its upcoming wind power generation business.

Managing Director of Redwood Consultants, Jens Dalsgaard, stated, “Redwood is extremely pleased to resume its longstanding relationship with Axial Vector. Redwood’s recent addition of Bill Gilliam as Senior Advisor will enable Axial Vector to benefit from Bill’s 15 years of extensive merchant banking experience especially in the U.S. Independent Power Industry. Bill has already made several key introductions to major players in the California wind markets on behalf of Axial Vector. Lastly, we believe that Axial is committed to providing timely and consistent updates to the investment community. We will be working closely