Intl Development (OTC BB:IDEHE)

WEB NEWS

Sunday, March 21, 2010

Reverse Merger Activity

Pending shareholder approval, International Development and Environmental Holdings is considering a reverse merger with Petrocom Energy Limited.

Company Snapshot: Core strategy is to construct state of the art Coal Blending Facility (CBF®) to produce compliant coal to serve the growing demands of China's power generation market. 

Coal blending is the process of blending coal of different specifications in a controlled manner in order to producing coal acceptable to specific boiler from originally unacceptable coals available from the market.

From out initial due diligence it appears that  In coordination with PRC State, Provincial and local governments, PEL has identified 25 prospective locations at which to build the CBFs., but has only has the ball rolling on one. We are intrigued by this story as it is another play on China's clean energy/environmental focus.   We will monitor closely.

Source: Website and 8K January 8, 2010



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