Today, Source Financial, Inc. (OTCQX: SRCF) announced the signing of an Agreement and Plan of Merger with CSES Group, Inc., developer of environmentally friendly, sustainable, and cost-efficient refrigerant technology. Upon completion of the merger, CSES Group will become a wholly owned subsidiary of Source Financial.
As government mandates completely phase out HCFCs and R-22 refrigerant, the demand for compliant refrigerants like alltemp® will dramatically accelerate this $20 Billion annual market. CSES Group’s alltemp® refrigerant has been successfully tested at several Fortune 100 companies’ facilities, demonstrating significant average savings in energy consumption while maintaining…
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