Joint Venture in the works with world-renowned environmental engineering company
MIAMI, FL / ACCESSWIRE / April 26, 2022 / SNM Global Holdings, OTC PINK: (SNMN), a diversified investment company with expertise in technology, entertainment, global advertising, media and film with a focus on identifying and developing new business opportunities, announces today that Global Clean Water, Inc., a wholly-owned subsidiary of SNM Global Holdings, has executed a Memorandum of Understanding (MOU) with a world-renowned environmental engineering company.
The purpose is to utilize its proprietary iQPR Micro-Quantum Reaction Persistent Technology and up to 2.3 billion dollars in funding as the project sponsor in a joint venture with Global Clean Water (SNMN) to manage its US based projects and provide coordination and liaison with the relevant authorities to implement projects designated for Water Infrastructure Improvements for the Nations Act of 2016 by the U.S. Department of the Interior Bureau of Reclamation.
The iQPR Technology offers natural solutions by utilizing the energy that is all around us. It makes use of wave frequencies of micro-molecules in air and water to tackle environmental pollution. Currently, iQPR Technology has unique capabilities to treat rivers, ponds, lakes, sewage plants, retention ponds, and seas. Its potential applications are virtually endless and can be tailor-made to tackle a specific issue or certain pollutants. For example: oil and gas specific pollutants, aquaculture, hydroponics, agriculture, etc.
SNM Global's CEO, Troy Lowman, added his comments, "Global Clean Water, Inc., a wholly-owned subsidiary of SNMN, is out there solving real world problems every day, and their growth potential has virtually no bounds. I like very much their positioning within the marketplace and their strategic alliances, which makes me feel confident about where they are headed."
About SNM Global Holdings:
SNM Global Holdings is a multi-media production company investing in and acquiring its own inventory of wholly owned media along with tech investments in cannabis and crypto art. The company is diversified and will continue to grow its inventory of assets within areas that align with tech and media and can be completely operated in a remote capacity to hedge future economic uncertainty due to the changing world in which we live.
Forward Looking Statements:
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This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Troy Lowman, CEO
Phone: 410-733-6551
Email: ceotlowman@snm-global.com
SOURCE: SNM Global Holdings
View source version on accesswire.com:
https://www.accesswire.com/698873/SNM-Global-SNMN-Executes-MOU-For-US-Water-Infrastructure-Projects
