Palatka, FL, July 06, 2018 (GLOBE NEWSWIRE) -- Majestic Oil & Gas, Inc. (OTC: MJOG) (the "Company”) today is providing an update to its Shareholders to advise them of important recent developments expected to positively impact the Company in the short term: ATC is on pace for a record setting year with a potential pipeline of the following Fortune 500 companies:
Company Location Project Amount (1,000’s)
Georgia Pacific Cedar Springs (#1) Weak Wash Tank $ 58
International Paper Flint River Waste Water Clarifier $ 133
Domtar Johnsonburg Black Liquor Tank Emergency $ 47
On-line Sludge Removal
Domtar Marlboro (#1) Hardwood Weak Liquor Tank $ 55
International Paper Eastover White Liquor Lime Removal $ 87
International Paper Mansfield Swing Tank $ 156
International Paper Riegelwood Weak Wash Tank $ 104
International Paper Texarkana White Liquor Storage Tank $ 31
International Paper Vicksburg Waste Clarifier $ 238
PCA Valdosta Bulk Caustic Tank $ 110
ATC is also moving in the direction of using new innovative equipment Robotics/Cobotics. The Company continues to advance its objective of removing humans from dangerous processes by introducing safer, easier, and more economic methods though the use of the Robotics/Cobotics. Over the last few years, the Company began its efforts utilizing the first versions of its traditional patented equipment. The equipment which is undergoing revisions includes: The Slurryvator (New version under review); The Positive Guidance System (eliminated with hydro-pulsation and sensory remote control); The Hydravator (new version under review); The Remote Manway Opener; The Sludge Hog (new version - Emulsifier); The Tank Drain Facilitator (TDF) (new version), the Tank Residue Emulsified Extraction (TREE); and the Soap Recovery Bucket System (new version built and in use). These proprietary devices provide the following benefits to the customer:
- Provides Reclaim, Reuse, Refine, Reconstitute, or Recycle Solution
- Lowers Energy Consumption Costs
- Increases Facility Productivity
- Manages Budgetary Maintenance Costs
- Lower Risk of Environmental and Safety Related Costs
Benefits to ATC:
- Higher Worker Safety
- Higher Job Productivity
- Lower Costs of Operation
- Highly Accurate Survey and Project Proposals
- Higher Professional Image
- Higher Profitability per Job
“I’m fully committed to the vision of ATC and we believe in their business plan. We believe their future as a formidable player in the industrial cleaning and technological industries is well underway. With the recent launch of the robotics equipment, we believe the Company will be able to more effectively target more clients around the country. We are excited to provide our shareholders with current updates highlighting changes within our operations that should lead to increased value of our Company,” stated Calvin Lewis, CEO of MJOG.
About Majestic Group Holdings, Inc.
Majestic Group Holdings Company was created to acquire and build a portfolio of some of the best companies in the Cannabis Market today. With demand rising, and the industry booming, legal marijuana operators and companies in the cannabis industry are racing to develop new products and services, acquire land and other assets to enable the enhancement of drastically increasing revenue streams and production capabilities. We bring the best management available to expand these companies to their maximum growth, and potential. Majestic has, and continues to acquire companies that will create tremendous synergies, bring additional revenue, and provide the greatest structure possible, so the Company can deliver the strongest values for their shareholders.
Safe Harbor Statement
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.