Megola Inc. - Megola Product Used in City of Toronto New Parklets
19 Novembro 2013 - 7:00PM
Marketwired
Megola Inc. - Megola Product Used in City of Toronto New Parklets
MISSISSAUGA, ON--(Marketwired - Nov 19, 2013) - Megola Inc. (OTC
Pink: MGON) The urban experiment which aims to bring life to
streets in downtown Toronto could follow up with trials on other
main streets throughout the city.
The Church St. pilot features the installation of "parklets" --
wood decks with planters and public seating -- on parking spaces
for a few blocks south of Wellesley. "This is a creative way to
expand and animate the public realm without a major rebuild of the
streets or sidewalks," says Nancy Chater, of the Planning
Partnership. "Parklets are appearing in North American cities.
Church Street is leading the way for Toronto."
The parklets, which get their name because they cover over street
parking spaces, are being built with support Carpenters &
Allied Workers Loc. 27, Vaughan, and others from the General
Contractors section of the Toronto Construction Association. About
a dozen apprentices and journeypersons from Loc. 27 are involved in
the pre-assembly and field assembly. Home Depot is donating the
lumber and materials. Megola Inc. is supplying its fire inhibitor
to enhance safety.
Mike Yorke, president, Loc. 27, sees the pilot as an example of
what main streets in downtown Toronto might consider doing for the
2015 Pan American Games. "Starting in 2014, we might start to see
dozens of streets putting them (parklets) up."
"It was a privilege to be a small part of this exciting project and
we extend our congratulations to Mike Yorke, The Carpenters &
Allied Workers, Local 27, and the City of Toronto in this
experiment which succeeded in all areas of the plan," said Magaly
Bianchini, CEO of Megola Inc.
About Megola Inc.
The Company is a Nevada based corporation that owns proprietary
knowledge and patents in the fire retardant and innovative water
solutions sector. The newly restructured company has years of
research and testing available which will enable the company to
commercialize its products almost immediately. Our mission is to
continue improving and expanding our line of products in both
fields and concluding on ongoing contract discussions with a
variety of suppliers and distributors. Megola is a public company
trading on OTC Markets, under the symbol MGON.
http://www.youtube.com/user/MEGOLAinc www.megolainc.com
Safe Harbor Statement Sections of this press release contain
forward-looking statements, which reflect management's best
judgment based on factors currently known but involve significant
risks and uncertainties. Actual results could differ materially
from those anticipated in these forward-looking statements as a
result of a number of factors, including but not limited to risks
more fully described in the "Risk factors" section of the Company's
Annual Report and other risks. Forward-looking information provided
pursuant to the safe harbor established by recent securities
legislation should be evaluated in the context of these
factors.
Contact: Megola, Inc. 5045 Orbitor Drive, Suite 200 Building 10
Mississauga, Ontario L4W 4Y4 1-888-400-1189 Investor Relations:
Eddie Cruz Cruz Capital Advisors, Inc. Phone: 949-390-0111 email:
info@cruzcapitaladvisors.com
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