New York, New York , June 11, 2021 (GLOBE NEWSWIRE) — Today, Enerkon Solar International Inc. (OTC PINK: ENKS) an international holding company – consisting of 6 companies incorporated in the USA and UK – investing in major top market segments (Renewable Energy, Solar – Hydrogen Production, New Disruptive Technologies, Patents and Trademarks, Biotech, Defense and other vibrant market segments) issued the following statement through the Companies CEO MR. Benjamin Ballout who stated:
“Our Carbon County PA USA Solar/Hydrogen Project is Progressing very well with a signed land lease with buy option from the owner – as well as a signed NDA and technical talks moving forward between ENKS and Siemens Hydrogen Division”
“Further – ENKS and the Company’s Second Phase, Compulsory Restricted Stock Repurchase/Conversion, legal requirements are now finalized – Board Resolutions, Orders To transfer prepared ordering cancellation of all restricted holders shares with automatic exchange for Preferred shares on the conversion ratio mentioned in previous press – as Convertible Preferred Shares having a $7.00 exercise option for reconversion to common and paying a 8% dividend in cash or kind according to the number of shares held – payable quarterly in arrears”
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