In Switzerland, WPP Energy announced that its Board of Directors has approved, and that the Company has entered into a Binding Memorandum Of Understanding with BioPower Operations Corporation, a Nevada corporation, to acquire a 90% interest in the BioPower, OTCMKTS Symbol “BOPO”. Pursuant to the MOU the parties agreed to negotiate and enter into a definitive agreement to set the terms of the Transaction in accordance with the MOU.
WPP is interested in licensing to BioPower its technologies, for the purpose of BioPower becoming the manufacturer of the technology units, distributor and providing the necessary Operations and Maintenance as required.
WPP is also interested in licensing its Blockchain technology and deploying WPP TOKEN to restart the Entrade Exchanges, first introduced at Exelon in 1997 by Robert Kohn, President of WPP’s Green Energy Rebate Program. WPP’s Blockchain technology will significantly enhance the capabilities of each exchange as it comes online.
Category: Producer News