SOURCE: Paradigm Resource Management Corporation
NEW YORK, NY--(Marketwired - Dec 23, 2013) - Just days after Paradigm Resource Management Corporation (OTCQB: PRDC) released another round of incredible assay test results, it's already attracting plenty of attention from the industry. Late last week TOSS Plasma Technologies (TPT), a company in Paradigm Resource's investment portfolio, signed a Memorandum of Understanding (MOU) with Harvests Holdings Co. (HHL), a Taiwanese investment firm funded by a NYSE-listed technology company. The MOU is to supply HHL with what could be a game-changing technology in its Radio Frequency Plasma systems. HHL will use the technology for the extraction of precious metals in complex ores it owns.
Two key reasons the market should get excited about this deal are how quickly the industry reacted to the company's latest assay tests, and that HHL is funded by a NYSE-listed technology firm. These assay test results continue to produce eye-popping numbers and are the latest in a growing mountain of evidence that Paradigm Resource has a technology that can change the industry.
Paradigm Resource CEO, Ted Ozaki, said, "Our latest assay results dated November 11, 2013, from our Myanmar samples produced an astonishing 1,500% more yield versus traditional methods (495 Grams/metric ton versus 34 Grams/metric ton of gold, pre plasma application)."
Through its investment with TPT, Paradigm Resource has a technology that is producing dramatically more gold and other precious metals from complex ores, and the industry has noticed. What has caught our eye at Stock Market Media Group, a full service research and content development IR firm, is that HHL is funded by the investment arm of a multi-national NYSE-listed technology company for which the company says "details shall be disclosed upon the execution of a final and definitive agreement."
In our recent report (www.stockmarketmediagroup.com/reports), we felt big things were coming after these new test results, however, this development may result in an outcome even greater than first imagined. Stay tuned investors because it appears the technology may have just attracted the right players in the industry, and being backed by a NYSE-listed firm just might mean the technology will find its way into the headlines plenty.
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