Form 8-K/A for FUTUREWORLD ENERGY, INC.. 6-Feb

Form 8-K/A for FUTUREWORLD ENERGY, INC..

6-Feb-2014

FutureWorld Energy, Inc. announces today that it has made an “indicative offer” to purchase two American subsidiaries of a well-regarded German PV manufacturer for cash. The American subsidiaries have combined yearly revenue of close to $30M with exponential year to year revenue growth of 80%, serving commercial and residential installers in 43 states covering 85% of national market. The U.S. solar market is the fastest growing market in the world – 2012 installations (~3.3GWp) represented 11% of the global market, with 40% CAGR from 2008-2013. The indicative offer is the start of a comprehensive due diligent process that may culminate to signing of a “definitive purchase agreement”. Due to our non-disclosure agreement, we are unable to name the seller. We shall inform our shareholders as we progress to the purchase phase.

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