SOURCE: McKenzie Bay International

McKenzie Bay International

July 02, 2015 09:19 ET

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

BRIGHTON, MI--(Marketwired - Jul 2, 2015) - CGE Energy (OTC PINK: MKBY)

To our valued shareholders:

We want to take this opportunity to thank you for your investment and ongoing support as we ultimately complete what we set out to do by joining the companies as one. Now being the opportune time, this month will show the results of our efforts. FINRA is currently processing our name change and reverse stock split.

I am addressing you today following the reporting of our Consolidated Financial Statement for the six-month year ending March 31, 2015. While the report is for a six-month financial period, the numbers speak only to business activities after January 31, 2015 -- when McKenzie Bay International (OTC PINK: MKBY) merged with Clean Green Energy, LLC -- through March 31, 2015. We believe this acts as a good snapshot of future financial reports and activities. If you have not read the Financial Statement, please find it here.

Recent Highlights

  • From Jan. 31-March 31, CGE Energy profited from gross sales that totaled $1,776,817.
  • We recently surpassed 100% growth of our R.A.M.P™ (Review, Analyze, Modify, Protect) service contracts, which now equates to 19,750,000 square feet under contract. These contract revenues not yet billed total $674,174.
  • We were recently awarded our second patent for the WIND•e20® wind turbine, increasing that asset value. These new WIND•e20® patents are independent of and in addition to our ownership or joint ownership of patents for related VAWT technologies, including the WindStor®, Danotek and Dermond technologies.

Investing in our Growth

CGE Energy is very much a growth company. Profits have been reinvested in the continual growth of the Company and acquiring long-term contracts. We are continuing to build the foundations of our future growth through new investments, purchasing additional inventory, hiring new team members, furthering the R&D of the WIND•e20® wind turbine, and expanding our reach into new territories.

Goodwill

We are excited to have further deepened our relationship and commitment to the YMCA and their cause. These investments will be a positive influence on our Company and the lives of children. We entered into a 20-year "life lease" with YMCA Storer Camps, the location of the pilot site of our multi-location project with the YMCA. This striking house and property overlooks a 40-acre field were multiple WIND•e20®'s are specified to be installed. We are utilizing this property to bring our investors and collaborators to the camp. Once they fully experience the Net Zero Energy Experience, it will be hard for anyone to not be impacted and want to co-vision to make the camp 100% energy independent.

Power to make a difference

Near and long term, we remain committed to making CGE Energy into a pre-eminent energy solutions provider. We believe that goal can be realized using our distinctive business models, powerful strategic relationships, and innovative technologies like the WIND•e20®. Our management believes this model is capable of building exceptional value for our shareholders.

I look forward to providing further updates and thank you for being a shareholder of CGE Energy.

We have the "power to make a difference."

Bryan Zaplitny, President and CEO
CGE Energy

About CGE Energy
CGE Energy is a renewable energy and energy efficiency company headquartered in Brighton, Michigan. For more than 20 years, the company has provided energy solutions and is now offering Power Purchase Agreements. Today the company serves customers in the U.S. and abroad, using energy efficient technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld solar generation. CGE Energy will trade under the ticker symbol (OTC PINK: MKBY) until FINRA approval. http://www.cgeenergy.com, 248-446-1344

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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