Axial Vector Energy Corporation, a developer of state-of-the-art green technologies, announced has retained “Global Operations – CBS LLC” of Dubai and their associated group of companies in the United Arab Emirates as its strategic project development and financial advisors.
Global’s team is based in the UAE with members of North American, European and Middle Eastern origin. The team has seasoned professionals with significant experience in the MENA and other regions and recently managed the expansion of an Investment Banking and Asset Management Group into Dubai, Qatar, Bahrain, and Saudi Arabia. This firm grew into one of the region’s most successful firms whose assets under management grew from $2 Billion to $7 Billion under 3 years. http://www.global-ocs.com/
Global will do an immediate analysis of the company’s assets and technology in order to recommend actions in Premium Technology sell side deals and or Joint Ventures, Buy Side Acquisitions, Strategy and Recapitalization of the company and its balance sheet.
Stated AVEC Chairman Sam Higgins, “The recent multiple and higher offers from China and others on our “rare earth permanent magnet generator” confirms multiple road maps to unleash some of our assets into cash and Joint Ventures at much higher prices than the current market value of the company. We have chosen Global to lead this effort for us. As existing investors in AVEC they possess a wide understanding and view of what the best approach will be.”
Chairman and CEO of Global, Mr. Paul Farah commented, “AVEC’s millions of dollars in ‘Green Generator and Engine Assets’ can be redeployed and recapitalized to rapidly improve the shareholders equity at the same time bringing in revenue and Joint Ventures from Middle East, North Africa and South Asia (MENASA) regions, China and other progressive areas of the world.”
About Axial Vector Energy Corporation
Axial Vector Energy Corporation (AVEC) is a global solutions provider that owns, develops, invests in and licenses revolutionary technologies including internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.
About Global Operations – CBS LLC
Along with its partners, associates and affiliates, Global is developing a broad range of independent asset management and structured investment solutions to both private and institutional investors capable of providing the whole range of merchant banking, technical & industrial advisory, and Project Development services.