SOURCE: Scorpex, Inc.

July 19, 2011 08:00 ET

Scorpex Announces Site Status and Details Plans for Further Construction

LAS VEGAS, NV--(Marketwire - Jul 19, 2011) - Scorpex, Inc. (PINKSHEETS: SRPX) (the "Company") today reports the current status of its 26-acre site located at Fraccion A-2 Del Rancho El Encinito KM 18.7 Carretera A Ensenada - OJOS Delegacion Real Del Castillo, Ensenada, B.C.CP 22800. The location was chosen after consultation with numerous officials and realtors. The site is located less than two miles from the current landfill near Ensenada, Mexico.

On-site improvements recently completed include a 10,000 square foot specifically-designed storage facility with 22 foot ceiling, a "catch" drainage system, and emergency sprinkler system. Property upgrades include a water reservoir, septic system and one mile of 13 foot high security fencing around the property. Additionally, the Company has completed extensive land use, permitting and ecological studies. The property has undergone three years of applications, permitting and governmental required studies.

Joseph Caywood, Chief Executive Officer, stated, "We have made remarkable progress over the past several years, building a solid foundation for moving forward. The Company's near-term plans include paved roads, complete storage facilities, scales, construction of a larger guard shack, on-site offices, lights on perimeter of property, additional wiring, engaging two construction companies and installation of gasification/thermal oxidation equipment."

About Scorpex, Inc.

Scorpex, Inc. is taking the necessary steps to own and operate a full service waste disposal and recycling company, capable of storing and disposing all types of waste, including those classified as industrial, toxic, and hazardous. The location chosen for the first Scorpex plant is strategically positioned to accommodate the vast region of Baja California, Mexico.

For more information, visit www.scorpex.com

About MissionIR

MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. Through a full suite of investor relations and consultancy services, we help public companies develop and execute a strategic investor awareness plan as we've done for hundreds of others. Whether it is capital raising, increasing awareness among the financial community, or enhancing corporate communications, we offer a variety of solutions to meet the objectives of our clients.

For more information on Scorpex, Inc., visit http://SRPX.MissionIR.com

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

Contact Information

  • Contact
    Investor Relations
    J.R. Munoz
    310-891-1838