Superior Silver Mines, Inc. announced it had completed a reverse merger transaction with Clean Wind Energy, Inc., which is designing and plans to develop and construct large downdraft towers to generate electricity and clean water economically. Clean Wind Energy, Inc. became a wholly-owned subsidiary of the Company. As a result, the business operations of Clean Wind Energy, Inc. will comprise the Company’s principal business operations going forward.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc. (OTCBB: CWET), was established to commercialize a number of proven and validated technologies and construction systems into a single large downdraft tower structure that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
In addition to constructing Downdraft Towers in the United States and abroad, Clean Wind Energy, Inc. has assembled a world class team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market.
Clean Wind has filed several patents that the Company believes will further enhance this potentially revolutionary technology. The Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity.