FWDG ...chart: St. Petersburg, FL, Jan 06, 2014 (
Post# of 144482
St. Petersburg, FL, Jan 06, 2014 (GLOBE NEWSWIRE via COMTEX) -- FutureWorld Energy (OTCQB:FWDG), a U.S. Diversified Energy Holding Company formed to capitalize on the burgeoning markets in natural and alternative energy technologies globally, announced today that the Company has entered into a Letter of Intent to Acquire Torchlight Energy Inc.. Torchlight Energy's assets consists of 2.8 Million Tons of proven Coal reserves valued at $168M (at today's price of $60 per ton). We expect to close this acquisition shortly. Environmental consideration in managing these assets will be our outmost obligation.
(8-K) http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9691090