MCW Update MCW Enterprises Ltd. (TSX VENTURE:
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MCW Update
MCW Enterprises Ltd. (TSX VENTURE: MCW) (MCW.V), which is changing its name to MCW Energy Group Ltd., is featured in the November 19, 2012 issue of Flaherty Special Situation Newsletter.
This Canadian holding company has assembled a profitable, booming California fuel distribution division - MCW Fuels (est. 1938) whose revenues should exceed $1 billion in fiscal 2014 with a breakthrough,
environmentally-friendly oil sands extraction start-up which will demonstrate how to tap Utah's billions of reserves locked up in its oil sands resources.
MCW then intends to license the oil sands extraction technology globally. To implement this integration, retired Exxon Arabian Gulf President, Dr. R.G. "Jerry" Bailey has become CEO of the company.
Success would be of enormous importance to the U.S.A. with this new extraction technology assisting America's move toward energy independence.
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