JERSEY CITY, NJ--(Marketwire - Aug 21, 2012) - RVPLUS, Inc. doing business as ECCO2 Tech Dot Com (OTCQB: RVPL) (OTCBB: RVPL) entered into a 10-year Purchase and Sale Agreement for a total of $1.8 billion (USD) with Nigeria Ministry of Environment for Katsina State for the project deployment of the ECCO2 Civil Society Network Programme for Nigeria with a monthly payment schedule for first twelve months of pro forma invoices to total the amount of $250 million (USD) and the remaining balance of $1.55 billion (USD) to split into monthly pro forma invoices over the remaining nine year duration following the first year of the Agreement, which is supported by financial aid programs for developing countries advancing social affairs, economic development, climate change, energy efficiency, and carbon-emissions reduction as set forth in the objectives at the recent Rio+20 Conference and the initial expectations of the Cancun Agreement and Kyoto Protocol.
RVPL will supply Nigeria with energy efficiency and renewable energy products as specified in the Memorandum of Understanding by ECCO2 Corp, Nigeria Ministry of Environment for Katsina State, Center for Climate Change and Environmental Studies, and United World Charitable, collectively referred to as ECCO2 Civil Society Network Programme for Nigeria. Such description is qualified in its entirety by reference to the complete terms and conditions for the Exhibit A of the Purchase and Sale Agreement within the Memorandum of Understanding, a copy of which is Exhibit 10.01 included as reference with the Form 8K report filed by RVPLUS, Inc. today.
Cary Lee Peterson, RVPlus' Chairman-CEO comments, "I am very pleased to see that hard work and support from United Nations affiliates and other ECCO2 allies has come together for a positive cause which shall enrich Nigeria, America, and the rest of the world. I can tell you that ECCO2 is just getting started and there is much more ahead, so stay tuned."
Additionally, effective August 20, 2012 the Company has relocated primary office from Austin, Texas to a rental office space located at 2500 Plaza 5, 25th Floor Harborside Financial Center, Jersey City, New Jersey, 07311, in efforts to be closer to United Nations headquarters in New York City, in addition to legal, accounting, banking, production, logistical partners that the Company does business with on a regular basis.
The Company continues to operate as a partner and supplier for American made products that reduce energy consumption and carbon emissions in facilities and transportation. These operations include projects for climate change, social affairs, and economic development with RVPlus' sister company, ECCO2 Corp, an admitted NGO for United Nations Department of Social Affairs.
ECCO2 (acronym for Environmental Control of Carbon Dioxide) is a corporate interface for universal clean technologies that are sustainable, reduce carbon emissions, and energy efficient in residential homes, commercial buildings, and transportation.
ECCO2 has appeared in major media outlets such as Forbes, Wall Street Journal, CNN, MSNBC, and Bloomberg, in addition to participating in various clean-tech awareness conferences held by government agencies and private organizers.
ECCO2 Corp, the non-profit sister company of the 'ECCO2 family,' was recently admitted to the United Nations Department of Economic Social Affairs by the DESA NGO Branch as an official non-governmental organization and is also an affiliate partner of United Nations Framework Convention on Climate Change by partnership with Center for Climate Change and Environmental Studies, an admitted observer organization for the United Nations. This status held with the sectors of the United Nations opens many windows of opportunity to over $100 billion in financial aid to fund ECCO2 projects.
For more details about RVPLUS and ECCO2, go to http://www.ecco2tech.com/.
Statements which are not historical facts contained in this release are forward-looking statements, such as "immediately accretive" that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. The information herein is subject to change without notice. The Company shall not be liable for technical or editorial errors or omissions contained herein.