(OTCQB: ONYX) On Monday, Onyx Service & Solutions’ President Malcolm Burleson completed a full presentation of the Project Due Diligence Report that had been requested by Roatan Mayor Julio Galindo back on September 21st during ONYX’s original meeting with the Roatan, Honduras leadership. At the September 21st meeting, ONYX presented initial phase details of constructing a new 18.5 megawatt solar power project on Roatan Island to the Mayor of Roatan, the Governor of Roatan and quorum of Council members. Since the original meeting, the project was increased to 22 megawatts. This Monday’s presentation was made in the Roatan Municipal Government Chambers to Mayor Julio Galindo, with Council members, local business leaders and members of the press in attendance.
Burleson had formally agreed to the Mayor’s stipulation to conduct the research and produce the report in the original September 21st project meeting as part of maintaining continued support for the project. The Project Due Diligence Report was commissioned and paid for by Onyx Service & Solutions. Project Engineer Rick Coens oversaw the research and production of the report.
“The direction to perform the detailed research and produce the due diligence report ahead of the engineering stage was an invaluable piece of wisdom,” stated Burleson. “This effort has unquestionably given us answers that should produce sizeable cost savings and help us avoid several technical headaches by addressing important project issues now rather than later.”
Details of the new solar project can be seen at http://www.solar-stock.com/solar-diesel-reduction.html
ONYX management has focused their efforts on developing solar power projects in nations that use costly diesel produced electricity. Roatan currently relies 100% on diesel produced electricity as does much of Latin America and many nations in the Caribbean. The island of Roatan is a renowned tourist destination and a substantial source of revenues for Honduras. Roatan has a significant American population and Company management strongly believes Roatan to be a perfect location for their new solar project. The July 2011 issue of "Islands Magazine" rated Roatan the #1 island to retire on in the world.
Onyx Service & Solutions, Inc. acquires, develops and markets the most promising and potentially profitable energy projects and technologies possible. Management has focused on benefitting citizens of Central and South America with energy alternatives to costly power options by achieving multiple business accomplishments there. The Onyx mission is to manifest cutting edge energy technology, products, manufacturing advances and construction projects to successfully compete in a global energy marketplace, which includes GE (NYSE: GE), JinkoSolar (NYSE: JKS), Empresa Nacional de Electricida (NYSE: EOC) and CPFL Energia S.A. (NYSE: CPL).
For more information on the Company see: www.OnyxService.com
About Onyx Service & Solutions, Inc. (OTCQB: ONYX)
Onyx Service & Solutions, Inc. is a for-profit corporation that focuses on brilliant alternative energy solutions including medium to large-scale solar construction projects, cutting edge solar technology acquisition and development, new to market solar product development, advances in solar product manufacturing, worldwide solar product sales and creative financing expertise of alternative energy related projects.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Malcolm Burleson, 303-486-6905
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