$PSWW Joint Venture Seeks to Expand ELT’s Curren
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Posted On: 12/22/2022 10:36:03 AM
$PSWW Joint Venture Seeks to Expand ELT’s Current Reach into New Markets; Expand ELT’s Existing Vehicle Fleet, Convert Fleet Vehicles Using Principal Partner’s EV/Hybrid Technologies, and Generate Near-Term Revenue
DALLAS, TEXAS, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next- generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and operator of undervalued petroleum-producing properties, today announced that it has entered into a Joint Venture Agreement (the “Agreement”) with Executive Logistics & Transportation (“ELT”) for the purpose of expanding ELT’s existing logistics operations into new markets beyond its current activities in Tennessee and the Southeastern United States. Per the agreement, ELT will make an investment into Principal via a strategic restricted stock purchase, the proceeds from which are expected in part to fund the expansion of ELT’s existing fleet as well as the hybrid conversion of a portion of ELT’s fleet vehicles.
https://finance.yahoo.com/news/principal-sola...00508.html
DALLAS, TEXAS, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Principal Solar, Inc. (OTC Pink: PSWW) (“Principal” or “the Company”), a strategic investor in organizations and technologies that support next- generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and operator of undervalued petroleum-producing properties, today announced that it has entered into a Joint Venture Agreement (the “Agreement”) with Executive Logistics & Transportation (“ELT”) for the purpose of expanding ELT’s existing logistics operations into new markets beyond its current activities in Tennessee and the Southeastern United States. Per the agreement, ELT will make an investment into Principal via a strategic restricted stock purchase, the proceeds from which are expected in part to fund the expansion of ELT’s existing fleet as well as the hybrid conversion of a portion of ELT’s fleet vehicles.
https://finance.yahoo.com/news/principal-sola...00508.html
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