Empire Diversified Energy, Inc. Announces its First Acquisition and Startup of Operations at the Site

FORT LAUDERDALE, FL – 02/13/2018 (PRESS RELEASE JET)

With the official announcement by OTC Markets on January 17, Empire Diversified Energy Corporation (OTCQB: MPIR) was officially uplisted from a “Pink Sheet” listing to a fully-audited company on the OTCQB.
The elevated status enabled Empire Diversified to finalize several components of Phase I of its business plan:

  1. Empire agreed to a schedule of financing terms and made a cash deposit for its first asset acquisition—the DTE Dickerson site in Cadiz, Ohio. The site is a formerly operating coal mine, with approximately million tons of refuse coal on-site. Once thought to be refuse, the coal “fines” will now be “screened” and sold in the currently surging coal market;
  2. Empire has received a binding purchase order from Red Hill Resources LLC (Kentucky) for up to 20,000 tons of this material per month;
  3. Empire has purchased and has taken delivery of all the necessary heavy equipment, and has built out the regulatory infrastructure, and the human services necessary for employees at the site;

Frank Rosso, the company Chief Executive Officer, has indicated that the operations at the Cadiz, Ohio is now underway. Mr. Rosso added “We have moved the company forward with all deliberate speed and believe we now have sustainability in that we have created an entity that can capitalize immediately on the current energy environment and at the same time create an environment that addresses the future needs of the industry.”

Mr. Rosso went on to announce that Empire is also in the final stages of securing a $10 million-dollar credit facility with a private hedge fund to facilitate the Company’s acquisition strategy.

About MPIR:

The Company’s immediate plan is to identify and acquire renewable and green energy companies and/or assets to enhance the country’s green power generation industry.

Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions.

Contact: Frank Rosso
CEO
Empire Diversified Energy, Inc.
954-332-2423
www.EmpireDiversifiedEnergy.com

Media Contacts:
Company Name: Empire Diversified Energy, Inc.
Full Name: Frank Rosso
Website: empirediversifiedenergy.com

OTC Markets Group Welcomes New OTCQB Companies – November 22

Nov 22, 2017 , OTC Disclosure & News Service

New York, NY –

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the following company is approved for trading on the OTCQB® Venture Market:

Empire Diversified Energy, Inc. (OTCQB: MPIR) The Company’s immediate plan is (1) to identify and acquire renewable and green energy companies and/or assets that will enhance their efforts to create a new, proprietary clean fuel today, for tomorrow’s power generation industry. (2) Reclamation of formerly thought to be waste residue at depleted coal mining sites, with application of proprietary technology to create alternative energy sources, in a green energy, Environmentally- friendly corporation.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for this company on www.otcmarkets.com.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Empire Diversified Energy Hires New Chief Financial Officer

Fort Lauderdale, Fl., October 5, 2015

Empire Diversified Energy, Inc. (OTC Markets: MPIR), announced that it has hired George Baccash as its new CFO. Mr. Baccash has had a long and distinguished career as the Tax Partner-in-Charge of Private Company Services for the Florida Market of PricewaterhouseCoopers LLC.
Mr. Baccash served as lead tax partner responsible for the delivery of high quality tax services to a diverse multinational client base. With over thirty-eight years of tax consulting experience and twenty-four years as partner-in-charge of tax services for the Jacksonville, Memphis, Jackson Ms., and Saudi Arabia offices
His extensive tax and financial experience includes international tax planning and review for clients ranging from Fortune 100 clients to Forbes 400 private companies. His technical expertise includes mergers and acquisitions, international and partnership taxation and private equity funds. He has been a senior business and tax advisor to senior management of various industries and corporations.
Mr. Frank Rosso, CEO and Chairman of Empire Diversified Energy, Inc. commented on bringing Mr. Baccash onto the company’s management team: “George provides us with the world-class experience and expertise that Empire needs as it expands into further development of clean fuels, and the identification of suitable potential acquisition candidates.”
About MPIR:
The Company’s immediate plan is to identify and acquire renewable and green energy companies and/or assets that will enhance our efforts to create a new, proprietary clean fuel today, for tomorrow’s power generation industry
Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions.
Contact: Frank Rosso
Chairman, CEO
Empire Diversified Energy, Inc.
www.EmpireDiversifiedEnergy.com

 


 

Empire Diversified Energy Expands Corporate Offices/Hires Auditing Firm

Fort Lauderdale, Fl., October 5, 2015

Empire Diversified Energy, Inc. (OTC Markets: MPIR), announced today that it has re-located and expanded its Executive Offices and Investor Relations Department in Florida.
Frank Rosso, CEO and Chairman of Empire Diversified Energy, Inc. explained the recent changes in the company’s business operations: “The broadening increase in interest in our proprietary clean fuel products has made it necessary to expand our management infrastructure, as well as provide the additional space and access to corporate services that an expanding business requires.”
Mr. Rosso referred to the company’s recent addition of a new Chief Financial Officer, as well as noting that Empire Diversified Energy, Inc. had hired an outside SEC accounting firm to perform an audit of its financial records.
“Empire is resolved to provide its current shareholders, and any potential future investors, with the strongest possible financial, legal and regulatory foundation for the growth of our company.”
.About MPIR:
The Company’s immediate plan is to identify and acquire renewable and green energy companies and/or assets that will enhance our efforts to create a new, proprietary clean fuel today, for tomorrow’s power generation industry
Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions.
Contact: Frank Rosso
Chairman, CEO
Empire Diversified Energy, Inc.
www.EmpireDiversifiedEnergy.com

 


 

Revolutionary Solid-Fuel Developed by Empire Diversified Energy

Jul 02, 2015
OTC Disclosure & News Service

Frankfurt, KY –

Empire Diversified Energy, Inc. (OTC Pink: MPIR), together with a group, including the holder of the proprietary rights to the American Pellet, announced today that it had been working with a municipal energy authority to provide the authority with an alternative energy product called “American Pellet.” According to Frank Rosso, Chairman and CEO, the “American Pellet” is a revolutionary, disruptive Solid Fuel for the Power Generation Industry.

“This product has an equivalent burn of 11,000 BTUs, and a lower cost than the standard thermal steam coal being used today, which makes widespread use in the Power Generating Industry a real possibility.” Mr. Rosso noted additionally that the American Pellet is made from what was “refuse coal products” (coal fines) that were actually discarded by major coal companies, and left as a potential pollutant on the mine site. “What has been devised is a unique product, consisting of coal fines, silica, and a proprietary binder.”

The pellet has been tested several times over the last six months, and Empire Diversified expects production to begin this summer, in anticipation of receiving one or more long-term contracts.

Empire is additionally working to add cellulose (wood) to its pellets to create a one-of-a-kind hybrid Coal/Wood pellet that can be used in international burners, creating simultaneously the clean fuel product that they must use, with the higher BTU pellet that they need.”

About MPIR:
The Company’s immediate plan is to identify and acquire renewable and green energy companies and/or assets that will enhance our efforts to create a new, proprietary clean fuel today, for tomorrow’s power generation industry

Statements contained in this communication that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected, or described pursuant to similar expressions.
Contact: Frank Rosso

Chairman, CEO
Empire Diversified Energy, Inc.