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XcelPlus International Inc. (OTC Pink: XLPID) announced a management restructuring, appointing David Perez as the new CEO, replacing Charles Robinson. Perez, previously the COO, brings over 30 years of experience in the energy sector, having expanded operations to 40 countries. The transition follows a recent shareholder vote that updated the board of directors, which includes interim director Andrew Befumo. Perez expressed optimism about leveraging the company's Cool Plasma technology for global energy production and waste remediation.
XcelPlus International Inc. (OTC PINK: XLPID) has signed a letter of intent with a landfill removal consortium in India to build plasma gasifiers. This agreement marks the company's first official partnership following the Mining Disrupt 2021 event. The consortium aims to acquire up to 36 gasifiers for converting municipal solid waste into renewable energy. XcelPlus's gasifiers can process up to 50 tons of waste daily, highlighting their global applicability and significance in addressing waste management challenges.
XcelPlus International (OTC PINK: XLPID) announced plans to pursue partnerships with cryptocurrency mining companies following its participation in the Mining Disrupt 2021 event in Miami from July 20-22. CEO Charles Robinson highlighted successful connections with crypto-mining enterprises, negotiating the use of their plasma gasifiers for mining projects. The company aims to resolve listing compliance issues under FINRA regulations to enhance transparency for investors. The initiative positions XcelPlus to contribute positively to the community while addressing environmental concerns.
XcelPlus International (OTC Pink: XLPID) has successfully redesigned and upgraded its plasma gasifiers, engaging engineer Andy Schlote for a new portable 50-ton-per-day waste-to-energy gasifier. This system aims to convert landfill waste into clean energy without external power or pollution. The company plans to launch the first gasifier in Houston, Texas, marking a significant advancement in its mission for zero-emission waste conversion. CEO Charles Robinson expressed satisfaction with the project's progress, emphasizing the environmental benefits of their innovative technology.
