Pax Clean Energy, Inc. announced today that it has signed an agreement with Del Mar Corporate Communications, LLC (DMCC), based in California, to provide investor and media relations for the company.
P.L. Hammond, C.A., President of Pax Clean Energy, commented, “We are very happy to have DMCC representing our company to broaden investor and industry awareness. Their expertise, focused method of implementing a long-term plan and history of success fits our company philosophy.”
Brian Hill, spokesman for DMCC, stated, “We are delighted to represent PXCE in its public affairs, and look forward to a long and successful relationship with their management team. The industry PXCE is targeting is in its infancy, yet already showing massive, viral, explosive growth potential. We believe their ideals and efforts driving this intended merger and acquisition of the targeted technology, if successful, will make the world stand up and take notice of an astute, competent, industry leading, product development group. We firmly believe many will be quite delighted and surprised when they see the fruits of all the involved parties’ labors.”
Pax Clean Energy announced last month that it had approved a Letter of Intent that would lead to a merger with a technology company targeting applications in the exploding mobile social multimedia market. The company is currently developing “new” market breakthrough technologies in mobile video sharing that may revolutionize how mobile video is used across wireless carriers and devices.
Pax Clean Energy is progressing in accordance with the previously announced Letter of Intent and believes that this technology company has excellent market potential. If the agreement concludes, the cancellation of all restricted stock held by the current management would be required, resulting in a substantial reduction in the outstanding shares of the company.
Pax Clean Energy promised to keep shareholders informed on a timely basis as matters develop.