ARDEN, N.C. April 27, 2012 WatchIt Technologies Inc http://www.watchittech.com Fuel Reformer Technology.
According to the company, negotiations with the new entity have taken place over the last 90 days. The finance and development package has been executed as of this week. Further specific details about the transaction will be seen when the company files its form 8K.
The Board of directors of Watchit Technologies summarized the deal as one that will insure the completion of the development of the Fuel Reformer technology, while minimizing risk to the company. One of the most important points in this transaction is that it will insure steady revenue for WTCT.
Brian Riley Max Bennett
About WatchIt Technologies Inc.:
WatchIt Technologies Green Technology
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SOURCE WatchIt Technologies Inc.