Torque Industries [TQI] Closed

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FoundedMay 10, 2008 (18 years)
Tax Rate 0%

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Losses12

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Danger Ratio100%

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Lost76.47m

ISK Efficiency0%

Balance-76466288

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Bio

FOR IMMEDIATE RELEASE
Thursday, May 15, 2008
Contact: Carlton Foster

TORQUE INDUSTRIES CREATED IN THE SINQ LAISON REGION OF NEW EDEN

Sinq Laison -- Carlton Foster today announced the creation of Torque Industries to manufacture and sale needed products to the citizens of the Sinq Laison region.

"The launch of Torque Industries is an important milestone in our continuing efforts to capitalize on commerce opportunities within the Sinq Laison region," said CEO and President Carlton Foster. "We expect Torque to benefit all the consumers of the region and generate value for both our shareholders and suppliers alike."

Torque Industries will have an initial capitalization of ISK 1.28 million, all provided by the founder, Carlton Foster. It will use this capitalization to fund development of technology solutions and provide necessary capital for ongoing manufacturing and sales operations.

Torque is a French word (from the Latin torquēre to twist) that can be interpreted as meaning "to impart torque to : cause to twist (as about an axis)." The name reflects the company's goal to utilize the leveraging power of its members to provide a needed twist to the economic engine of the Sinq Laison market.

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