JK Development designed “Cobra” technology, a high pressure, deep water, environment friendly oil leak containment system.
West Palm Beach, FL (PRWEB) May 25, 2010 -- Golden Age Resources, Inc., a publicly traded company (Pink Sheets: GDAR), and JK Development of Palm Beach County LLC have entered into a strategic alliance. JK Development designed “Cobra” technology, a high pressure, deep water, environment friendly oil leak containment system. “Cobra” technology has been designed to stop numerous underground oil breaches like the one that is under major scrutiny in the Gulf with British Petroleum heading up the cleanup in a unprecedented environmental disaster. Heavy scrutiny continues on Capital Hill as law makers are demanding answers from Transocean and Halliburton.
Graham Larmer, CFO of Golden Age Resources, Inc. stated, “We could not be more pleased with this strategic alliance. It is time for the finger pointing to cease. Such disasters require immediate solutions.”
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Golden Age Resources, Inc. (GDAR)
# # #
Read the full story at http://www.prweb.com/releases/Golden-Age-Resources/JK-Development/prweb4040114.htm.
Copyright©2010 Vocus, Inc.
All rights reserved