JACKSONVILLE, FL--(Marketwired - Mar 23, 2016) - Green Energy Enterprises, Inc. fka Quasar Aerospace Industries, Inc. (OTC PINK: GYOG) ("GYOG" or "the Corporation") today announced that the Corporation will close on its most recent LOI with BEO-ITS, Inc. in April of 2016. Green Energy Enterprises, Inc. had begun their due diligence immediately after the execution of the Letter of Intent previously announced on March 15, 2016.
Under the terms of the agreement, Green Energy Enterprises, Inc. will acquire 51% of BEO-ITS, Inc. in exchange of 17 million shares of restricted common stock of Green Energy Enterprises, Inc. In addition, Green Energy Enterprises, Inc. will facilitate financing which will be used for the final development, production and distribution of the new medical device for self obtained vaginal specimen MSN2 (modified sanitary napkin).
BEO-ITS Inc. estimates gross revenues of approximately $60 million during the first three years from the sales of the new medical device for self obtained vaginal specimen MSN2 (modified sanitary napkin), including lab testing. The above-mentioned projected revenue is strictly related to the diagnosis of Chlamydia and does not include additional testing for other Sexually-Transmitted Diseases (STDs), of which the Total STD Market is a Multi Billion dollar market. This would considerably increase gross revenues. During the next three-year period, BEO-ITS Inc. anticipates to sell approximately 650,000 new medical devices for self obtained vaginal specimen MSN2 (modified sanitary napkin), targeting the Chlamydia market. The same medical device can be used for the additional laboratory testing of other major STDs such as; HIV/AIDS, gonorrhea, human papillomavirus (HPV), genital herpes, syphilis and lymphogranuloma venereum (LGV), which is usually a one visit test for most females.
BEO-ITS, Inc. is a Bio-medical company headed by Michel Aube PhD. Dr. Aube has developed a new leading-edge methodological testing process already validated on more than 500 women that will allow individuals to get tested for Multiple STDs. Initially the company will concentrate on the fastest growing STD, Chlamydia. This new testing methodology developed by Dr. Aube is a low cost alternative with superior results in comparison to other testing options presently available on the market. Most importantly, Dr. Aube's testing methodology is non-invasive for women. This new testing medical device has the potential to become the gold standard to fight Chlamydia and other STDs.
Chlamydia trachomatis genital infections are increasing in both developed and developing countries, with more than 90 million new cases occurring each year. In the United States, more than 4 million new cases occur each year. Only 1/3 of the American female population are tested. All pregnant women must be tested for Chlamydia. Additionally, there are approximately 2.2 million sexually active women living in Canada and 22 million living in the United States of America between the ages of 15 and 25 that should also be tested annually. Untreated Chlamydia trachomatis infection can cause destruction of the reproductive organs, profoundly affecting fertility in women. Chlamydia has considerably increased in various countries including the USA, Canada, Sweden, Norway, Finland and South East Asia.
CORPORATE VISION
BEO-ITS, Inc.'s vision is to become a world leader in the development of low-cost non-invasive diagnostic tools, for the rapid identification of pathogens and development of novel discoveries for the benefit of all. BEO-ITS plans to open multi-laboratory facilities in various countries and regions to assure rapid growth of our test kits.
ABOUT BEO-ITS, INC.
Dr. Michel Aube has a diversified expertise in Life Sciences. A microbiologist by training he obtained his PhD in Physiology-Endocrinology in 2007 followed by 5 years as post doc researcher in Immunology. Dr. Aube participated in the research and development of a novel experimental therapeutic vaccine against HIV and he has received many awards and citations from the Network for Research in Environmental Health.
As founder and president of BEO-ITS, Inc. Dr. Aube is responsible for coordinating the strategic plan and vision, while guiding employees towards the core objectives. Dr. Aube has spent more than 15 years in academic research and his vast networking in different universities will help the company to grow quickly. Some of his future partners have patents ready to develop or ready for the market. Moreover, Dr. Aube has a strong business network and relationship with CEOs of medical companies whose net worth are in the hundreds of millions.
Website: www.beostis.com
Please feel free to contact Green Energy Enterprises, Inc. by email at GreenEnergy.Enterprises@yahoo.com or Donnell J. Vigil by telephone for information or investment opportunities. Green Energy will continue to update our shareholders and the investment community as we progress.
ABOUT GREEN ENERGY ENTERPRISES, INC.
Green Energy Enterprises, Inc. owns and operates 4 wholly owned Subsidiaries.
1) FLIGHT OPERATIONS
Based out of Jacksonville Florida, the corporation owns and operates two (2) flight and drone training schools. The schools, A-Cent Aviation, Inc. and Atlantic Aviation, Inc. focus on continuing education. A-Cent is SEVIS/SEVP (http://www.ice.gov/sevis/) certified to provide training to foreign students. Both flight operations use the certified Cessna Pilot Training curriculum for our flight students (http://www.cessna.com/learn-to-fly.html. Atlantic Aviation is an FAA Part 61 flight school and tailors its training to recreational flying and aircraft rental. A-Cent is an FAA Part 141 flight school (www.faa.gov), operates an FAA Part 91 Commercial Air Tour Operation, Computer Assisted Testing Service (CATS) (http://www.catstest.com) and a Comira testing facility (http://www.comiratesting.com/. We offer flight training, drone training, bi-annual reviews, sightseeing tours, photography flights and will accept VA benefits under the GI bill (http://www.gibill.va.gov/. Atlantic Aviation, Inc. is a recipient of an AOPA Excellence Award for 2012 and recognized as one of the top 50 flight school in the country. (http://flighttraining.aopa.org/awardwinners/2012winners.html). Both flight operations offer Light Sport training and are the only Light Sport training school in the Northern part of Florida. Schedule a Romance Flight with A-Cent Aviation or an Intro Flight with A-Cent or Atlantic Aviation. Look for discount offers we provide through Groupon (www.groupon.com), Living Social (www.livingsocial.com ) or Local Flavor (www.localflavor.com). GYOG also owns a holding company, Quasar Aircraft Corporation, which holds and manages the aircraft used in GYOG's flight operations.
Text "Start" to (904) 310-4829 for offers, deals and updates on new programs and aircraft available offered by A-Cent Aviation, Inc.
2) HYDROPONIC GROW STORE
GYOG owns Grow Your Own Greenz, Inc., a hydroponic grow store in Colorado and is an ancillary service provider to the legal medical marijuana industry. The Company sells everything needed to facilitate a one-stop shop for full hydroponic grow systems, equipment, supplies and nutrients. We offer trimmer rentals, installation and delivery. No job is too small or large for our knowledgeable staff to handle. Feel free to give us a call to answer questions about your grow. We have beginner grower deals available for the first time grower. Visit our Ecommerce site (www.GYOGz.com).
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This press release contains "forward-looking statements" 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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Quasar Aerospace Industries, Inc. undertakes no obligation to update such statements.