Alkane Announces Joint Venture with WorldVest Equity
Stuart Smith (June 2nd, 2009) Writes:
Alkane, Inc. “Alkane” (PINK SHEETS: ALKN) announced today that it has reached an agreement with WorldVest Equity, Inc. “WorldVest” (Other OTC: WVVEF) to form a new joint venture company which will further develop its proprietary alternative “Monster Fuel” technologies. The new Monster Fuel Technologies, LLC joint venture calls for Alkane to contribute its patented alternative fuel intellectual property, operational management and current Monster Fuel operations. In return, WorldVest will provide up to $15 million in growth financing, strategic financial management and access to its full suite of strategic venture advisory services.
Alkane develops, manufactures, and distributes superior fuel additives. The company’s flagship product, Monster DieselTM, is a crude oil free, multipurpose diesel fuel additive which increases mileage per gallon by as much as 15% for both on-road and off-road diesel engines. A quart of Monster DieselTM, when added to
...(310) 277;, 213-402-2559;, 310-277-1513;, 480-326-8577;, 610-642-8253;, advisory services, Alkane Inc.;, alternative fuel technology;, alternative green fuel technologies;, Asset Management, crude oil, crude oil dependent diesel fuel consumption;, disruptive technology, energy, Energy Density, Financial Management, foreign oil, fuel technology, Garrett K. Krause;, Global Merchant Bank;, green fuel technologies;, high-tech, Investment Banking, Investment Company, Market Commentary, Mathew Zuckerman;, Matt McLoughlin;, merchant banking operation;, Monster Fuel Technologies LLC;, operational management;, Peter Dunev;, Small & Micro Cap, smallcapvoice, Ten Associates LLC;, Tom Nelson;, United States, USD, venture advisory services;, WorldVest Equity Inc;, www.MonsterDiesel.com;, www.WorldVestGroup.com;


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