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Supernova Energy, Inc. (OTC PINK:SPRN) has announced significant corporate developments aimed at enhancing shareholder value. In a statement, CEO Nicholas Upchurch expressed gratitude to shareholders and outlined plans for the company to become a fully reporting issuer. Key highlights include progress on the KLIR SKY LTD subsidiary's Pollution Reduction as a Service (PRaaS) technology, reaching milestones in the charcoal industry, building management teams, and resolving supply chain issues for technology development. The company is optimistic about future growth and shareholder returns.
Supernova Energy, Inc. (OTC PINK:SPRN) has responded to the EPA's recent proposal aimed at significantly reducing emissions from power plants and industrial sources across 25 states. CEO Nicholas Upchurch emphasized the importance of this initiative in combating climate change and expressed optimism about KLIR Sky, their greenhouse gas mitigation subsidiary, becoming a key player in emissions reduction solutions. The EPA's plan includes a trading program for nitrogen oxides (NOx) emissions, which aligns with Supernova's ongoing development of their Pollution Reduction as a Service (PRaaS) system.
Supernova Energy, Inc. (OTC PINK:SPRN) announced its intention to establish a carbon credits and offsets business through its subsidiary, Klir Sky, Ltd. KLIR aims to mitigate greenhouse gas emissions using its Pollution Reduction as a Service (PRaaS) technology to process emissions into usable forms. This initiative targets the charcoal industry, a significant polluter. The carbon credits market is projected to reach $10 to $25 billion by 2030. CEO Nicholas Upchurch emphasized the business opportunity in carbon credits, aiming to help clients reduce emissions while generating revenue for the company.
Supernova Energy, Inc. (OTC PINK:SPRN) has announced its new subsidiary, Klir Sky, Inc., aimed at addressing greenhouse gas emissions. The company is developing a Pollution Reduction as a Service (PRaaS) to help emitters lower their carbon footprint. The U.S. government has set a target to reduce greenhouse gas emissions by 50-52% by 2030. Klir's technology collects and processes harmful gases into usable forms, potentially offering net-zero emissions. Industries targeted include charcoal production, electricity generation, heavy industry, and commercial/residential sectors.
Supernova Energy Inc. (OTC PINK:SPRN) has announced its strategic shift from exclusive oil and gas operations to include greenhouse gas (GHG) exhaust mitigation systems. The company has established a majority-owned subsidiary, KLIR Sky, Inc., which has secured an exclusive distribution agreement for an innovative Gas Processing and Liquefaction System aimed at reducing GHG emissions from industrial operations. Initially targeting the charcoal industry, KLIR’s technology is expected to open new revenue streams through carbon credits. CEO Nicholas Upchurch expressed optimism about the potential profitability of this venture.
Supernova Energy Inc. (OTC PINK:SPRN) has achieved pink current status, a significant milestone for the company. This status allows Supernova to resume production and sell crude oil. The company is currently evaluating its oil and gas holdings in Kansas and Kentucky to enhance shareholder value. CEO Kevin Malone expressed optimism about focusing on business development and new opportunities post-status achievement.
Supernova Energy Inc. (OTC PINK:SPRN) announced progress on its application for OTCIQ designation with OTCmarkets.com, moving towards the removal of its stop sign and becoming pink limited information. The company aims to meet regulatory deadlines set by the SEC and OTCMarkets to achieve pink current status. Supernova holds interests in multiple oil and gas wells in Kansas and Kentucky. CEO Kevin Malone highlighted the team's efforts to improve financial disclosures and indicated plans to lower environmental impacts as the company contemplates diversifying its business model.
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