http://www.otcmarkets.com/stock/TNKE/news/Tanke--Inc--Announces-Launch-of-Enhanced-Incubation-Program?id=74190&b=y
Tanke, Inc. Announces Launch of Enhanced Incubation Program
Over $3 Million of Asset Base Is Projected for Q1 2014 From Incubation
ST. LOUIS, MO--(Marketwired - Jan 10, 2014) - Tanke, Incorporated (OTC Pink: TNKE) (the "Company"), a diversified holding company focused on emerging technologies and "cleantech" has announced the launch of a new innovative and strategic incubation program, aimed at accelerating technologies to the market.
The successful incubation model of companies can achieve $20 Billion of total market capitalization value when properly financed and the companies are spun-off.*
Tanke will offer micro funding, debt restructuring and entrepreneur assistance through its network of affiliates that includes financial and management partners. The program will accelerate commercialization and provide higher investment returns to investors. The introduction of this incubation program, like other highly-valued incubation program offerings is expected to create immense value for the recipient company.
The program will enable Tanke to capitalize on emerging growth industries. Tanke intends to launch a variety of high growth companies over the coming year within the industry of which it is possible to launch a great number of ventures with a total market capitalization value that exceeds $20 billion.*
According to Tanke CEO, Carrie Zhang "a disciplined incubation program is grounded in Tanke's mission to develop, manage and finance emerging growth companies. We are focused in Cleantech. However we are constantly looking for high growth companies in the general environmental services industry. Tanke's business expansion and revenue base will significantly rise with the launch of the new incubation program."
Tanke Inc. recognizes that most small-and-mid cap companies engaged in emerging growth technologies, often face an uphill battle in funding and business know-know. The incubation program will enable them to hasten entry to market, in turn boost their revenue and growth prospects; the incubation program that will enable them to "hatch" out of their traditional stagnant states.
Tanke's uniquely developed program will enhance these companies' reputations via brand promotion; increase the regulatory goodwill of the company; reduce operating costs and create new revenue potential, as well as increasing the asset base and thus overall company value. Tanke has developed a unique business model that seeks to incubate emerging companies and new market entrants in high growth industries, allowing for them to successfully "hatch." The program will enable Tanke to exhibit promising growth of its asset base, without having to incur the expenditures that typically accompany the nurturing of emerging growth companies.
"We are focusing on proprietary technology deployment, brand promotion and associations, and investment in companies that have a global reach. In 2014, we had planned to invest into no less than 3 more environmental and high growth industries. This year we have invested into the eWaste industry. We have plans to enter soon undiscovered industries of high growth. Our team has worked extremely hard this year to build a solid foundation. We expect from this point on to expand rapidly our asset base which is now over $1 million and growing, followed by revenues acceleration," stated Carrie Zhang, CEO of Tanke, Inc.
*SRI Ventures, SRI International - http://www.sri.com/engage/ventures
About Tanke Incorporated
Tanke is a diversified holding company with the mission to develop, manage and finance emerging companies in high growth industries. Tanke is focused in the development of environmental technologies and "Cleantech" for a wide range of markets such as commercial, industrial and municipal applications. Tanke believes that globalization and the emergence of Asia stresses natural resources, water, energy and food, and as a result, environmental technologies will be at the forefront of the new paradigm shift in the usage of resources. Through its subsidiaries and affiliates in the world and with its deep experience in China -- the fastest growing emerging market in the world, Tanke seeks to grow through acquisitions and organic growth in the USA and in emerging markets. Our holdings consist of: Environmental & Water technologies, eWaste and reverse logistics technologies, The Triple R Water recycling technology under the Re:Water™ Brand.
Additional information is available on the Company's website: www.tankeinc.com or contact Investor Relations at: IR@tankeinc.com
Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.
Additional information is available on the Company's website:
www.tankeinc.com
Investor Relations
IR@tankeinc.com
