SOURCE: McKenzie Bay International

McKenzie Bay International

August 17, 2015 12:53 ET

CGE Energy Reports Financials for Period Ending June 30, 2015

BRIGHTON, MI--(Marketwired - Aug 17, 2015) - CGE Energy (MKBY) (OTC PINK: MKBY) has released its Consolidated Financial Statement for the three-month period ending June 30, 2015. The Consolidated Financial Statement in its entirety can be viewed at

In the statement, CGE Energy profited $172,553 from gross sales of $1,780,391 in the fiscal quarter.

CGE Energy signed new long-term Power Purchase Agreement (PPA) contracts during this period. As of June 30, 2015, unbilled revenue of all long-term contracts is $4,623,916. Future long-term contract revenues are not reflected in current sales numbers reported in the financial statement.

"Our financials reflect large growth of our long-term portfolio this quarter," said Bryan Zaplitny, CGE Energy's President and CEO. "In addition, the performance of our Chicago office is exceeding expectations. We just began a high profile project installing Cree LED lighting and electric bus charging stations at an airport which we will detail soon."

About CGE Energy
CGE Energy is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation. CGE Energy is now a publicly traded company and will trade under the ticker symbol (OTC PINK: MKBY) until FINRA approval of symbol change.

This letter contains forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words "expects," "anticipates," "intends," "believes" or similar language. These forward-looking statements involve risks, uncertainties and other factors. All forward-looking statements included in this letter are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results to differ materially from those projected in the forward-looking statements.

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