SEFE, Inc. (OTCBB: SEFE) ("SEFE") ("The Company"), a technology-
and solutions-driven sustainability company, has provided an update to
shareholders on several recent developments, including corporate
progress, strategic partnership opportunities, and financing.
Donald C. Johnston, SEFE's chief executive officer, said, "We wish to
take this opportunity to reiterate to the investment community that our
business is proceeding as planned and reassure we are making progress in
executing our corporate goals."
The Company followed that SEFE has begun negotiating with a potential
strategic partner on its alternative energy initiatives. Details are
expected to be provided in the coming weeks, as the terms of the
potential agreement become solidified.
Finally, the Company stated that it is in the process of reviewing and
negotiating several shareholder-friendly financing proposals. "At the
present time, we are carefully evaluating the proposals," said Donald C.
Johnston, SEFE's chief executive officer. "That includes reviewing all
of our options to ensure that we are securing the best, non-dilutive
deal for our investors."
For more information visit www.SEFElectric.com
About SEFE, Inc.
SEFE focuses on pushing the boundaries of what's possible, embracing
innovation and employing the cutting-edge to solve problems, and
offering sustainable solutions to a world hungry for invention,
direction and leadership. SEFE is technology- and solutions-driven,
focusing on developing inventions that provide a real-world impact and
true profitability. So, success is measured by both a sustainable return
on investment, as well as a project's sustainability from an
For more information, visit www.sefelectric.com
This release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. All statements
regarding our expected future financial position, results of operations,
cash flows, financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives of
management for future operations, as well as statements that include
words such as "anticipate," "if," "believe," "plan," "estimate,"
"expect," "intend," "may," "could," "should," "will," and other similar
expressions are forward-looking statements. All forward-looking
statements involve risks, uncertainties and contingencies, many of which
are beyond our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results, performance,
or achievements. We are under no obligation to (and expressly disclaim
any such obligation to) update or alter our forward-looking statements,
whether as a result of new information, future events or otherwise.
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