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MCW Energy Group MCW
Posted On: 11/21/2012 5:42:47 AM
Post# of 1680
Posted By: Mary Johnson

Financing goal!MCW's current financing goal is to raise US$10 million to US$15 million but MCW is not under extreme time pressure to do so. Its California fuel distribution division is profitable and cash positive. Also while MCW has under control one billion barrels of oil which could be extracted from the sands, it has a five year contract to be supplied with ore from a supplier on a  nearby mountain. That will enable MCW to  demonstrate the effectiveness of its extraction technology without the expense of mining its own ore.


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