TARPON SPRINGS, Fla., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Thunder Energies Corporation (OTCQB:TNRG), a company developing cutting-edge technologies, announces today that as of this week, the company has completely satisfied its obligations under all existing, Convertible Promissory Notes from PowerUp Lending Group for a total due of $215,000 (https://www.otcmarkets.com/filing/html?id=13033640&guid=mZoMUnM0-d7X0th). At the time of writing Thunder Energies Corp has no other convertible promissory notes on record.
Dr. Santilli states: "PowerUp Lending Group has been a fantastic investment partner for Thunder Energies Corporation. We are very grateful for the investment they made in our Company; they have an excitement for our industry, and the technologies that we are developing. PowerUp has been committed to the growth of our Company and the continued development of our new cutting-edge technologies that would have remained completely stagnant in the absence of said investment."
Forward Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Dr. Ruggero M. Santilli
Chief Executive Officer
info@thunder-energies.com
www.thunder-energies.com