ARDEN, NC--(Marketwire - November 8, 2010) - WatchIt Technologies Inc. (
According to Dr. Max Bennett, newly appointed President and CEO of WatchIt Technologies Inc., the corporation will accomplish the following by year's end:
Air Pure Systems Development will schedule and complete the testing of the gas-version fuel reformer at an EPA Certified Lab by November 30, 2010.
WatchIt will file its Current Information Statement with Pink Sheets by November 30, 2010.
Air Pure Systems Development will complete the initial design of the diesel version of the fuel reformer by December 30, 2010.
Ecologix will complete the necessary programming/preparations for its software and hardware to provide real-time data reporting of the Air Pure fuel reformer by December 30, 2010.
"My intent is to set goals for the company and keep the market aware of our direction and progress," Dr. Bennett emphasized. "All of our goals are achievable and necessary for our investors to appreciate the marked advancement we are committed to deliver in our programs."
WatchIt Technologies is actively seeking companies that have the attributes of being highly innovative and "first in" within their respective sector. Most companies partnering with WatchIt Technologies will have already completed their initial R&D and will need management consultation and financial assistance to move to the next level of success and profitability.
About WatchIt Technologies Inc.:
WatchIt Technologies is an alternative "incubator" for developing and emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-cap public companies that have emerging growth and development and are exclusively involved in some aspect of "Green Technology."
It will offer management consultation to companies that meet its strict criteria and vetting process, and align those companies with individuals and financiers to help them achieve their financial goals and objectives.
Safe Harbor Act: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact Information:
Contact:
Investor Relations
1-828-483-4131
Website: http://www.watchittech.com