TEL-AVIV, Israel, August 18, 2015 /PRNewswire/ --
Blackbird International Corporation (OTC BB: BBRD), a global leader in renewable sea wave energy technology (WERPO), is pleased to announce that it shall pay a dividend to the shareholders on record dated December 31, 2015.
Mr. Shmuel Ovadia, Director and inventor of BBRD's technology stated, "We believe the common shares of BBRD are very valuable and this program will not only strengthen the company's capital structure, but ultimately increase the value of the shares to our loyal shareholders. This program demonstrates our commitment to building long-term shareholder value and further shows our confidence in our growth potential. Given the strong demand for WERPO's technology and the expansion of our brand, we see tremendous opportunities ahead."
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"The sun doesn't always shine, the wind doesn't always blow, but the ocean never stops."
About Blackbird International Corporation:
Blackbird International Corporation (http://www.werpo.us) is the sole shareholder of Wave Electricity Renewal Power Ocean Ltd (WERPO).
About WERPO sea wave energy technology (BBRD):
WERPO, having received the rights for all of SDE Ltd.'s technology, property, know-how, IP (patents, et. al.), contracts and subsidiaries, is able to promote its sea wave energy solution around the world.
WERPO's unique technology is based on the utilization of sea waves' rise and fall to yield hydraulic pressure that produces electricity, while exploiting the full potential of wave speed, height, depth and currents beneath the surface of the water. This technology was chosen as the most efficient and affordable sea-wave power technology on the market by an independent team of renewable energy experts from Pure Energy Systems (PESWiki) and also as one of the top 100 renewable energies.
The Israeli company with its proven technology has several projects around the world with government entities as well as with the private sector. It has established more then 11 joint ventures with local partners in over 9 different countries.
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
For further information please contact: Maximum Performance Advisors, Inc., +1-858-381-4677
SOURCE Blackbird International Corporation