$AFPW Alumifuel Power Corporation Subsidiary Energ
Post# of 12948
Posted On: 08/16/2016 1:58:57 PM
$AFPW Alumifuel Power Corporation Subsidiary Energy Staffing Solutions Signs License Agreement With Labor Smart In First Phase Of Expansion Plans
CENTENNIAL, CO / ACCESSWIRE / August 16, 2016 / AlumiFuel Power Corporation (OTCPink: AFPW) ("AlumiFuel" or the "Company"
, announced today that its newly formed wholly owned subsidiary, Energy Staffing Solutions, Inc. ("ESS" has signed a license agreement with Labor SMART, Inc. (OTCPink: LTNC). ESS plans to use the Labor SMART™ trademark moving forward in the development of its staffing operations as applicable.
In conjunction with the agreement Labor SMART will provide consulting services to ESS for assistance with establishing and expanding its business. In addition, it is anticipated Labor SMART will provide consulting support to include long-term growth strategy, corporate and capital structure planning, recruiting and operational support.
"We are very excited with this collaboration to use the Labor SMART trademark as their brand equity has been recognized by many companies for being a premier provider in terms of reliability, flexibility and dependability," said AlumiFuel Chief Executive Officer, Henry Fong. "This established platform will be a great impetus to launching and following through with our plans for ESS. We are continuing the due diligence process and reviewing potential transactions to help establish a base for ESS's business and will provide further details as conditions warrant," concluded Mr. Fong.
About Labor SMART
CENTENNIAL, CO / ACCESSWIRE / August 16, 2016 / AlumiFuel Power Corporation (OTCPink: AFPW) ("AlumiFuel" or the "Company"
, announced today that its newly formed wholly owned subsidiary, Energy Staffing Solutions, Inc. ("ESS" has signed a license agreement with Labor SMART, Inc. (OTCPink: LTNC). ESS plans to use the Labor SMART™ trademark moving forward in the development of its staffing operations as applicable. In conjunction with the agreement Labor SMART will provide consulting services to ESS for assistance with establishing and expanding its business. In addition, it is anticipated Labor SMART will provide consulting support to include long-term growth strategy, corporate and capital structure planning, recruiting and operational support.
"We are very excited with this collaboration to use the Labor SMART trademark as their brand equity has been recognized by many companies for being a premier provider in terms of reliability, flexibility and dependability," said AlumiFuel Chief Executive Officer, Henry Fong. "This established platform will be a great impetus to launching and following through with our plans for ESS. We are continuing the due diligence process and reviewing potential transactions to help establish a base for ESS's business and will provide further details as conditions warrant," concluded Mr. Fong.
About Labor SMART
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