Current Report Filing (8-k)
12 Maio 2021 - 7:01AM
Edgar (US Regulatory)
Entrex Carbon Market and Source Oil execute
Letter of Intent for Carbon Neutral Fuels
Boca Raton, Fla., May 12, 2021: The Entrex Carbon Market
(www.EntrexCarbonMarket.com) announced today the execution
of a Letter of Intent (LOI) with Source Oil Energy, LLC to
provide up to $3 billion in annual carbon offsets for their
global Carbon Neutral Fuel Solutions.
Source has deep reach into Shipping, Bunker Fuel and Crude
industry and has tremendous feedback from clients looking to
offset their Carbon footprint through Carbon Neutral Fuel
said Stephen H. Watkins, CEO of Entrex Carbon Market, a
majority owned subsidiary of Entrex (OTC: UNSS). By working
together, we anticipate providing a significant amount of
Carbon Offsets through both existing and new carbon offsetting
entities providing the offsets Source Oil needs for their
programs.
Entrex offers us the best global price and supply of
offsets which our clients need to become and remain carbon
neutral, and we plan to tie these offsets to their fuel
consumption commented Michael Cox, President of Source
Oil Energy, (whttp://www.sourceoilenergy.com/).
Significant attention has been created by the International
Maritime Organization (IMO)and the International Chamber
of Shipping (ICS) about reducing carbon creation from the
shipping industry; We believe working with Entrex we can
offer an immediate solution to the challenges they address.
The relationship between Source and Entrex all started
through our Manufacturer Representative program said
Thomas Harblin of the Entrex Carbon Market. We now have
over a dozen representatives who are finding all sorts of
relationships we never imagined. This sales structure
has been innovative for our sector and should produce
further results supporting the Entrex Carbon Markets
mission.
This regulatory filing also includes additional resources:
source.pdf
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