King Resources, Inc. (KING) Grid Grabber Targets 1,000 New Installations For Fast Food Industry
HENDERSON, NEVADA--(Marketwire - April 11, 2012) - King Resources, Inc. (PINKSHEETS:KING) www.king-resources.com projects 1,000 new installations of Grid Grabber www.gridgrabber.com. In months coming, Grid Grabber has set up meetings with a couple of major fast food chains, that have great devotion to reducing their carbon footprint on the environment.
Once the deal is completed the Grid Grabber project has the potential to be installing over 1000 units in different locations across North America in the upcoming months.
The recent merger announcement of Grid Grabber with KING kicks off the launch of the Grid Grabber.
Scheduled plans include first tree units will start being installed as early as next week.
Management reports local businesses are showing positive interest in the Grid Grabber. All necessary components have been ordered, and fabrication has begun to prepare 3 units for installs. The types of businesses that are coming on board are:
-- Auto repair shops,
-- The first of many convenience stores,
-- Dry cleaners.
Next planned, targeted and or scheduled installations:
-- An indoor rock climbing facility
-- Non-profit organization that sends clothing to 3rd world countries.
KING management is of the opinion that all of these businesses will benefit from great savings since their hours of operation are during on-peak charge times according to smart meter rates. Once the 3 units are installed, monitoring will begin, and preparation of additional units will commence for further installations later in the month.
In other company news, KING management has received inquiries regarding its recent share price fluctuations. The management does not comment on this issue publicly or privately. Company will however remind its followers that its security is widely held, and the Company affirms its prior statement that it is not engaged in any sort of dilution or toxic financing. KING asks its followers to review the Adequate Disclosure (CE) documents filed with OTC MARKETS http://www.otcmarkets.com/stock/king/quote for all corporate updates. On that note, the company has heard back from OTC Markets re its current CE filed, and the company's aspirations to reach "Current Issuer" ranking. KING is well under way in the process of furnishing OTC Markets the required documentation.
More details will follow shortly and frequently.
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