Analytica Bio-Energy (OTCQB: ABEC) Announces Update on The Buddhist Temple Theme Park Project
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SOURCE Analytica Bio-Energy Corp.
MISSISSAUGA, Ontario, June 19, 2014 /PRNewswire/ -- Mr. Wu, CEO of Analytica Bio-Energy Corp. (OTCQB: ABEC), is pleased to announce that The Theme Park Project examination has been completed.
Long term delays in commencement of the project were due to the new China Anti-Corruption policy. Every project had to be re-examined and approved.
Mr. Wu, accompanied by a team of design and construction engineers, attended meetings in Shenzhen, China with the Legal representative of The Buddhist Temple Association, Mr. Xu Guangrun. Analytica is pleased to announce that it will receive revenue of up to 5,000,000 USD commencing in August 2014 to cover the engineering designs.
Engineered structural drawings will be presented by mid to late September, which will generate a minimum revenue of 1,000,000 USD each month over a span of thirty six months.