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ASUV Update: Unauthorized Listing on Berlin Borse Exchange

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on vertically integrated tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability. Harmonic would like to notify its investors and regulators that it has come to our attention that the company was listed on the Borse Berlin Stock Exchange (“BBSE”) by an unidentified third party, without our approval, consent or knowledge. The company did not authorize or direct any broker on the BBSE to act as a market maker for the company’s common stock. Accordingly, we will be initiating contact with the BBSE to demand the immediate delisting of the Company’s stock from the BBSE.

Company counsel has advised us that the BBSE is one of the few exchanges in the world that allows listing and trading of a company’s stock without the consent or authorization of the company being listed. This practice may facilitate both domestic and foreign brokers in circumventing restrictions imposed by both the Financial Industry Regulatory Authority (“FINRA”) and the Securities and Exchange Commission relating to the trading practice referred to as “naked short selling.” Short selling is a trading practice whereby investors borrow stock from a broker to sell in the hopes that the stock price will decline before they have to return the share to the broker to cover their position. Simply stated, “naked short selling” involves groups of people working in concert to manipulate the market in order to force a company’s share price lower. Naked short sellers can list an OTCBB company on the BBSE in order to delay delivery of shares under the short position.

The company believes this BBSE listing is the first step in what we believe has been a significant naked shorting attack directed at the company. We believe that this attack may have culminated in a net short position exceeding all shares owned by investors in Harmonic.

Accordingly, the company through its counsel will be contacting the BBSE and the broker sponsoring the listing in order to delist immediately the company’s stock from the BBSE. The company reserves all rights to pursue legal action against the broker sponsoring this listing and any market maker that has engaged in naked short selling in direct violation of Regulation SHO.

Further, we would also like to inform both regulators and our shareholders that there is no valid reason for any failure to deliver to persist in the securities of the company. Further, we believe that it is in the best interest of our shareholders to ensure that the company sanctions any listing of our stock.

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic’s plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic have been commercially proven at full scale.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to Section 27(a) of the Securities Act 1933 and Section 21(e) of the Securities Exchange Act 1934, as amended and are intended to be covered by the safe harbor created by such sections respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected, or implied by the Company. These risks and uncertainties include, but are not limited to, commodity prices and production volatility, global economic conditions, currency fluctuations, increased production costs from those assumed in resource recovery plans and results, political, operational and project development risks, including the Company’s ability to obtain required permits to commence production and its ability to raise required financing, adverse governmental regulation and judicial outcomes. The closing of planned financial transactions and obtaining bank financing are subject to a number of conditions precedents that may not be fulfilled. The bank financing and subordinated loans are subject to final negotiation and satisfaction of conditions precedent. For a detailed discussion of risks and other factors that may impact these forward looking statements, please refer to the Risk Factors and other discussion contained in the Company’s quarterly and annual periodic reports on Forms 10-Q and 10-K, on file with the SEC. The Company undertakes no obligation to update forward-looking statements.

ASUV Short Lists EPC Contractors for Tyre Manufacturing & Recycling Plants

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on vertically integrated tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability. Harmonic is pleased to announce that it has short listed several highly qualified engineering firms as potential partners for the development and construction of its tyre projects in North America and Europe.

“Since taking over Harmonic just 15 months ago, the company has made significant strides towards fulfilling its corporate goals and objectives. We want to assure our shareholders that our business plan is on schedule and we are progressing very well with financiers,” said Jamie Mann, CEO of Harmonic Energy. “We have smoothly transitioned ASUV out of the oil and gas industry and we believe in a very short period of time have transformed the company into a forward-thinking, cutting-edge tyre technology company that has a highly scalable, advanced tyre technology platform.” Unlike other companies in our sector, Harmonic is focused purely on a single application, vertically integrated tyre manufacturing and recycling, using the most efficient practices and best available technologies. We firmly believe this platform delivers better and higher value end products with much lower costs allowing the company to thrive without the need for recycling subsidies. Based on these efforts, research and commercial installations we believe our technology approach and solutions platform offers the most profitable closed loop tyre recycling solution on the market today.

The discussion with several engineering, procurement, construction management firms has begun and the company is focused on working with those firms that are interested in developing a long term relationship so that Harmonic can reutilize the skill sets applied and used on each project. By doing so, follow on projects will benefit from significantly reduced costs and faster project development timelines. By reducing costs and timelines we can aggressively achieve greater success and complete more projects in less time and build more value for our company and its shareholders. Harmonic has the intent to build many projects over the next few years and believes the engineering and construction relationship is a critical part of our on-going business.

Harmonic’s proven technology platform operates in a continuous and fully automated batch system which is uniquely able to process whole tyres unlike other technologies that require tyres to be shredded prior to being recycled which adds significant cost advantages for ASUV. Harmonic’s planned flagship facilities will each recycle in excess of 150 tons of tyres per day, and will house a tyre remanufacturing plant for the reconstruction of approximately 1 million new tyres using quality brand name casings. The facilities will feature an integrated pyrolysis and gasification system that reduces the unusable tyre casings into approximately 10,000 tons of purified and refined nano carbon, 14,000 tons diesel oil and 3,300 tons steel with surplus electrical energy of approximately 3.0 MWe being utilized on site or exported to the local grid.

Jamie Mann said, “After much positioning, negotiating and due diligence on tyre technologies and the waste tyre industry, ASUV is pleased that the business plan is progressing and that discussions on engineering and equipment tendering has begun; we are talking to some of the brightest and most experienced companies in their sector.” Harmonic has already developed a pipeline of follow on projects for a world-wide roll out. Harmonic’s CEO adds, “Ten of our facilities would still only be able to process one percent of the world’s scrap tyres, that’s how big the problem (and the potential) is!”

Tyres are a highly problematic waste stream for all countries to contend with and current management solutions are either wasteful (monofill), over supplied (tyre chip and rubber crumb) or emission heavy (TDF for the cement and paper industry). The latter is about to be severely restricted in the US by newly proposed EPA regulations changing the waste status of TDF and demanding much greater emission controls. With landfill and incineration banned in the UK as in the rest of Europe there is insufficient domestic capacity in either the US or UK to deal with the 400,000,000 scrap tyres they collectively produce on an annual basis. Harmonic is solely focused on scrap tyres as a feedstock due to the attractive returns achievable and the significant volumes of waste tyres available.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international corporations striving for more sustainable tyre manufacturing solutions and commodities, such as Titan International Inc, Continental AG, and Bridgestone Corporation.

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic’s plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic have been commercially proven at full scale.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to Section 27(a) of the Securities Act 1933 and Section 21(e) of the Securities Exchange Act 1934, as amended and are intended to be covered by the safe harbor created by such sections respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected, or implied by the Company. These risks and uncertainties include, but are not limited to, commodity prices and production volatility, global economic conditions, currency fluctuations, increased production costs from those assumed in resource recovery plans and results, political, operational and project development risks, including the Company’s ability to obtain required permits to commence production and its ability to raise required financing, adverse governmental regulation and judicial outcomes. The closing of planned financial transactions and obtaining bank financing are subject to a number of conditions precedents that may not be fulfilled. The bank financing and subordinated loans are subject to final negotiation and satisfaction of conditions precedent. For a detailed discussion of risks and other factors that may impact these forward looking statements, please refer to the Risk Factors and other discussion contained in the Company’s quarterly and annual periodic reports on Forms 10-Q and 10-K, on file with the SEC. The Company undertakes no obligation to update forward-looking statements.

ASUV – Harmonic Energy Update on Funding & Finance Negotiations

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability. Recently Harmonic has seen some volatility in the Company’s stock price and management would like to take this opportunity to provide its valued shareholders with an update on its funding progress and corporate developments.

On January 16th Harmonic announced the signing of a term sheet to provide the company with up to $10 million in financing for the roll out of its core projects. Jamie Mann, Chief Executive Officer said, “We have been making good progress negotiating the final agreements and the company’s business plans are still on schedule.” Mr. Mann further stated, “We are committed to successfully closing our financing and we are confident that continued progress toward its close and the continued development of its projects can help accelerate the company towards profitability which could be rewarded by the market with higher stock prices. We thank all of our valued shareholders for voicing their concerns and comments while we continue to moving the company forward.”

Beyond the existing negotiations for financing the Company is currently evaluating several offers from qualified investment firms with the intent of further strengthening its balance sheet. The Company is seeking to expand beyond its current US & UK projects and is also evaluating prospective opportunities in emerging markets where additional feedstock opportunities exist to leverage our business model. “Our success and extremely low cash burn over the last year has put us in a strong position for growth. We believe it is the right time to be aggressive and continue to pursue our stated goals of seeking projects that offer significant potential returns. There are great opportunities out there, and we are going to continue to pursue and develop them in a cost effective manner,” said Jamie Mann.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international corporations striving for more sustainable tyre manufacturing solutions and commodities, such as The Goodyear Tire & Rubber Company, Pirelli & C. SpA, and Michelin Tire & Rubber Group.

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic’s plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic have been commercially proven at full scale.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to Section 27(a) of the Securities Act 1933 and Section 21(e) of the Securities Exchange Act 1934, as amended and are intended to be covered by the safe harbor created by such sections respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected, or implied by the Company. These risks and uncertainties include, but are not limited to, commodity prices and production volatility, global economic conditions, currency fluctuations, increased production costs from those assumed in resource recovery plans and results, political, operational and project development risks, including the Company’s ability to obtain required permits to commence production and its ability to raise required financing, adverse governmental regulation and judicial outcomes. The closing of planned financial transactions and obtaining bank financing are subject to a number of conditions precedents that may not be fulfilled. The bank financing and subordinated loans are subject to final negotiation and satisfaction of conditions precedent. For a detailed discussion of risks and other factors that may impact these forward looking statements, please refer to the Risk Factors and other discussion contained in the Company’s quarterly and annual periodic reports on Forms 10-Q and 10-K, on file with the SEC. The Company undertakes no obligation to update forward-looking statements.

Harmonic Energy Signs Take-or-Pay Carbon Sales Contract

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability is pleased to announce that is has signed a 10 year Take-or-Pay contract with Carbon Black Sales “CBS” for the distribution, blending and sales of refined carbon black produced from any of its planned projects and operations globally.

The signed contract is based on the internationally prevailing “take-or-pay” practice, emphasizing the rights and obligations of both parties: “provision without delay” on the part of the supplier and “pay regardless of market conditions” on the part of the purchaser.

Harmonic continues to move its business plans forward and negotiations with potential finance partners is on track. The company believes that the execution of long term product sales contracts only further reinforces its business plans and achievements. The company believes these contracts will provide a significant benefit to the company allowing it to access larger pools of investment capital given it has pre-sold some of its production 10 years in advance. The fulfillment of this contract gives Harmonic the ability to build out several projects without requiring the company to develop any further carbon sales partnerships; however the company is currently entertaining more offers for long term carbon supply contracts.

“In some cases certain financing options and considerations may require that all or a large part of the projects under development put in place ‘take-or-pay’ contracts prior to the projects construction. This contract represents a significant milestone for the company,” said Jamie Mann.

During the term CBS shall take no less than 30,000 tonnes per year of Harmonic’s low CO2e carbon black products. Harmonic’s green carbon black is an equivalent grade of N660 carbon black. The price per tonne will be established by using the quarterly Sid Richardson Carbon price list for N660 carbon black. CBS will purchase Harmonic’s carbon black at a 60% discount to market prices on a per tonnes basis. Harmonic’s management continues to grow its sales and distribution networks and is confident that additional opportunities exist for further contracts to be negotiated with higher profit margins. Even with such a heavily discounted carbon sales price we believe that this contract is a testament to the strength of the company’s business plan and product offering. Each facilities financial model and return on investments analysis is positioned strongly and with guaranteed carbon black sales in place.

The construction of Harmonic’s projects could have a transformative effect in the great lakes regions of America’s industrial heart land potentially creating significant economic benefits. The introduction of domestic green tyre manufacturing jobs and the production of high quality tyres and green resource products using clean alternative energy sources in a vertically integrated setting will significantly improve and protect the environment while facilitating local economic development.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international tire manufacturers striving for more sustainable manufacturing solutions and commodities, such as The Goodyear Tire & Rubber Company (NASDAQ:GT), Michelin SCA (EPA:ML), and Continental AG (FRA:CON) & (OTCBB:CTTAY).

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic’s plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic have been commercially proven at full scale.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

Harmonic Energy Committed to Creating New Green Jobs in Manufacturing

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability has estimated that the development of its planned “LEED” certified tyre manufacturing and recycling plants could create approximately 2500 new permanent green manufacturing jobs and roughly 1000 construction and indirect jobs.

Harmonic specialises in the manufacturing of new tires and the recovery of energy and commodities from oil based waste streams. ASUV is focussing on the global problem of managing the safe disposal and reuse of end-of-life tyres. Until now most scrap tyres have been burned or buried, but this will all change with Harmonic plans to integrate their Tyrolysis recycling system to create the lowest carbon-foot-print tyres possible and will manufacture and recycle spent tyres with a significantly lower cost to the environment than current methods, while at the same time eliminating the reliance on tyre disposal subsidies and eco-fees.

After years of development and planning the construction start date is now in sight for Harmonic’s revolutionary end-to-end, closed loop integrated facility. As Harmonic rolls out its planned projects it could generate a substantial number of jobs both directly and indirectly during the construction phase of it projects and hundreds of long-term domestic manufacturing jobs, which would support the growth of a new, green industry in North America’s manufacturing heartland.

Jamie Mann, CEO of Harmonic Energy, spoke about the job-creation opportunities the projects will offer. “At a time when both the US and UK governments are exploring all realistic possibilities of creating employment and generating growth, we feel it is particularly pertinent that Harmonic is well positioned to provide the sustainable jobs that are so needed, directly benefit the local industry and generate the tax revenue from a low carbon, future proof business” he said.

Harmonic Energy’s tyre manufacturing and recycling systems are encouraging the creation of a green domestic manufacturing supply chain, for better, more environmentally responsible automotive products which will help industry transition to energy independence and greater resource efficiency.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international corporations striving for more sustainable tyre manufacturing solutions and commodities, such as Sumitomo Rubber Industries, Ltd. (TYO:5110), Nankang Rubber Tire Corp., Ltd.(TPE:2101), and Hankook Tire Co Ltd. (KRX:000240).

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic’s plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic have been commercially proven at full scale.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

ASUV Excited to Work with the Obama Administration to Achieve Energy Independence & Job Creation using Sustainable Domestic Manufacturing

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability, believe America’s recovery begins with energy – clean, renewable energy for the 21st century. But to truly transform our economy, protect our security and save our planet from the ravages of climate change, we need to ultimately make renewable energy profitable, which will increase the uptake of environmental technologies that can be integrated within industry to increase efficiency, lower costs and generate sustainable jobs.

Harmonic is in the process of implementing such of an application to increase manufacturing efficiencies of oil based products that rely on finite resources, specifically the tyre industry. The Company’s proven hybrid tyre pyrolysis and gasification systems combined with new tyre manufacturing technologies is a complete end to end solution for the industry, ensuring that 100% of scrap tyres can safely reused or recovered for their energy and commodities. These commodities recovered from a highly problematic waste, provide greener alternatives for use in the industrial manufacturing heartlands. Harmonic plans to establish a clean, green and profitable business with research and development projects in conjunction with Universities and government agencies.it

The US government has created numerous funding initiates and development loan guarantee programs to support and aid companies like Harmonic Energy Inc. It is the Company’s objective to utilize these and other government programs available within the Federal system and to enter into public private partnerships, with local and state governments. Finally, Harmonic Energy is supporting efforts to have Congress allow the establishment of Renewable Energy Investment Trusts (“REIT”s) which will expand the ability of renewable energy companies to raise capital on a project by project basis. Harmonic Energy is well positioned to take advantage of what the future holds in providing its clean, industrial energy solutions and is keen to work along with the Obama administration towards sustainable energy independence.

President Obama recently said in his second Inaugural Address that the United States should be a leader in sustainable energy and framed the issue as a matter of national security and economic opportunity. “We cannot cede to other nations the technology that will power new jobs and new industries – we must claim its promise,” he said.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international corporations striving for more sustainable tyre manufacturing solutions and commodities, such as Toyo Tire & Rubber Co., Ltd. (TYO:5105), Nokian Tyres PLC (PINK:NKRKF), and Nexen Tire Corp (KRX:002350).

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic’s plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic have been commercially proven at full scale.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

Harmonic Energy Announces Funding Goals & Review of Grant Applications

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on vertically integrated tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability, has initiated its funding negotiations and due diligence on investment structuring with several lenders. The effort is being led by Jamie Mann, Chief Executive who states, “The objective is to achieve a combination of equity based financing, combined with possible asset backed lending using innovative loan, leasing and project financing structures that will allow the company to achieve its goals while also offering the least amount of dilution to its stock. The total funding objective in our business plan calls for approximately thirty million dollars over the next twenty four to thirty six months. The reception to the business plan and cash flows for the company has had excellent response” stated Mr. Mann. The anticipated funding will provide the necessary capital to complete the acquisition of the company’s strategic targets and begin the work on the detailed engineering and construction of the company’s integrated pyrolysis and gasification units.

Harmonic’s financial advisors are currently reviewing grant applications which could also help support the establishment and demonstration of its integrated tire technology applications in the United States and the United Kingdom. Within the EU and U.S. there are substantial incentives for green and sustainable environmental companies providing advanced solutions to waste and energy. Applying for a number of these grants could unlock an estimated ten million in additional funding sources for the company.

The management team is also preparing presentations for universities and educational institutions who may be interested in forming strategic alliances and partnerships in application research for expanding the company’s business plan. Harmonic is interested in working with those educational institutions that are interested and suitable for the establishing and creating an Environmental Engineering Apprenticeship Programme which is a key part of Harmonic’s progressive approach to career development in the tyre manufacturing and recycling sector. Harmonic also believes that the establishment of such a programme would give the company access to highly qualified staff to aid in the role out of its manufacturing and recycling facilities.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international corporations striving for more sustainable tyre manufacturing solutions and commodities, such as Cooper Tire & Rubber Company (NYSE:CTB), Kumho Tire Co Inc (KRX:073240), and Pirelli & C. SpA.

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic are commercially proven and have viable operating commercial facilities.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Statements in this release may be regarded, in certain instances, as “forward-looking statements” pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. “Forward-looking statements” are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

Harmonic Energy Signs Financing Term Sheet for $10M in Funding

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tyre manufacturing and recycling, that uses an innovative approach to energy efficiency and sustainability, has successfully negotiated and signed a non-binding Term Sheet for $10 million dollars in funding.

This represents a major milestone for the Company and the management team is delighted to begin 2013 with this positive news. The Term Sheet is with a well-known, private investment group that deploys equity capital into publicly traded companies throughout North America, Europe and Asia Pacific. This group specializes in working with SME’s that are looking for alternative sources of financing for extended periods of time and they have completed over a thousand financings. Harmonic will use the net proceeds to further develop its core projects in the United States and in the United Kingdom. The company’s Tyrolysis process provides a sustainable solution to the global scrap tyre problem by remanufacturing tyres collected that are suitable for this process while recovering energy and sustainable commodities (oil and minerals) from those not fit for re-use.

With this offer for funding from a reputable boutique investment firm, Harmonic plans to aggressively position itself as a premier green tyre manufacturer leading in sustainability. This means that, subject to entering into a definitive agreement with the investors the ASUV financing “will accomplish a number of goals,” said Mr. Jamie Mann, Harmonic’s Chief Executive Officer. “The completion of this transaction will represent a significant step forward in satisfying our capital needs and should allow us to commission both our integrated projects in 12 to 18 months as expected.” Earlier this year the company exercised an option agreement for its Ohio project and has since begun evaluating a strategic acquisition within the tyre recycling industry. “Our countdown to project construction and implementation in Q2 2013 has begun and we expect to commence receipt of revenue promptly thereafter,” said Jamie Mann, CEO of Harmonic Energy Inc.

“The ASUV contemplated transactions remains subject to a number of conditions, including the completion of due diligence by ASUV, approval by Harmonic’s board of directors, the negotiation and entering into of definitive documentation, the receipt of any required regulatory approvals and such other conditions as are customary for a transaction of this nature. There is no assurance that these transactions, or any of them, will be completed as contemplated, or at all. However we remain positive that this represents an opportunity for the company.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international corporations striving for more sustainable manufacturing solutions and commodities, such as Titan International Inc. (NYSE:TWI), The Yokohama Rubber Co., Ltd. (TYO:5101), and Bridgestone Corporation (PINK:BRDCY).

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic are commercially proven and have viable operating commercial facilities.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Tire Manufacturing & Pyrolysis Recycling News is Trending in Social Media Releases

LONDON, UNITED KINGDOM — Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tyre manufacturing and recycling, using an innovative approach to energy efficiency and sustainability. Harmonic is pleased to announce that it’s integrated social media campaign has made significant gains over the past few weeks and information about the company’s green tires and sustainable manufacturing process has been well received by the environmental products and consumer market place.

In 30 days since the announcement of the social media and product awareness campaign Harmonic has gone from having only 30 Twitter followers to over 100,000 followers, it’s YouTube Channel has had nearly 1000 views and likewise the company now boasts over 11,000 “Likes” on Facebook, now giving the company significantly more reach with both its investors and partners. Based on these numbers we believe that this reflects people’s growing interest in the company and its business model. In review and when compared to any of the major tire manufacturers Harmonic’s social media campaign in 30 days has gained more social interest than several manufacturers combined. “We are very proud that so many people in such short time have taken notice of our energy efficient tire recycling company”, commented Jamie Mann, CEO of Harmonic Energy Inc.

Jamie further states, “The interest in all things “green” continues to grow as the economy recovers. A large and growing percent of people are now more likely to buy environmentally responsible products. Sustainability is coming into its own as a force to drive competitiveness. We believe that our business model gives the tire industry the ability to minimize costs through environmentally conscious operations – boosting profits, developing brand value and building a stronger position which has the potential to ultimately beat less adaptive competitors.”

Harmonic’s operations can benefit America’s manufacturing heartland by creating jobs and green products, while reducing pollution, and producing clean, onshore energy. Harmonic is truly a model for the sustainable future of tire manufacturing and tire reuse. Based on the volume of inquiries the company now receives we believe consumers now understand some of the advantages of the Harmonic business model, such as:

• Harmonic has ZERO reliance on government subsidies. (Virtually all current tire recyclers or disposal methods require significant economic subsidies from governments or consumers)
• Tire remanufacturing has significant profit margins while creating green jobs
• The Tyrolysis technology utilized is commercially proven and generates stand-alone profits
• Harmonic projects have the potential to generate carbon credits (traditional tire manufacturers do not)

ASUV plans to compete alongside major international tire manufacturers striving for more sustainable manufacturing solutions and commodities, such as The Goodyear Tire & Rubber Company (NASDAQ:GT), Michelin SCA (EPA:ML), and Continental AG (FRA:CON) & (OTCBB:CTTAY).

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic are commercially proven and have viable operating commercial facilities.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Follow Harmonic Energy on its social media networks:

• Harmonic Energy Inc’s ~ YouTube Channel,
• Harmonic Energy Inc’s ~ LinkedIn Page,
• Harmonic Energy Inc’s ~ Facebook Page,
• Harmonic Energy Inc’s ~ Twitter Page.

Safe Harbor

This news release contains forward-looking statements, which may not be based on historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable securities laws, the Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.

LONDON, UNITED KINGDOM – Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tyre manufacturing and recycling, using an innovative approach to energy efficiency and sustainability. The Harmonic Team is extremely excited about the coming year and is pleased to share some of our outstanding accomplishments in 2012.

“Since taking over Harmonic and completing my first fiscal year as Chief Executive Officer, Harmonic Energy has made significant strides towards fulfilling its corporate goals and we are pleased to announce that our business plan is on schedule,” said Jamie Mann. “We are also pleased that the company has now received its detailed plant and equipment quotations which have come in substantially under our estimated target budget. From December 2011 to present, the new Harmonic Team has transformed ASUV into a forward-thinking, cutting-edge tyre technology company. We have smoothly transitioned the company out of the oil and gas industry with a steadfast resolve and have focused purely on creating vertically integrated tyre manufacturing and recycling company which we believe offers the most profitable closed loop solution on the market today.”

For much of the year Harmonic has been actively applying its resources on two primary fronts: tyre feedstock opportunities and identifying operational acquisition targets in the tyre sector. We believe this dual approach will enable the company to achieve revenues in the coming year. Harmonic has now identified and shortlisted a possible acquisition opportunity that could provide the company with existing tyre production revenues as well as the immediate opportunity to acquire additional scrap tyre volumes. This opportunity would also offer the company an additional fully permitted site and tyre collection infrastructure with fully compliant operations that are generating revenue. We look forward to the continued development of this opportunity in 2013 and we are thrilled to be taking our next steps towards generating cash flow.

Harmonic Energy is also extremely pleased to announce that it has begun negotiating private equity financings with several interest parties. Providing the company is able to reach a successful conclusion, we believe these funds will enable the company to achieve its business plan with faster growth while using these funds in the most cost effective manner to achieve the company’s goals. Going forward we will further our negotiations with additional lenders. Jamie Mann, CEO, stated, “This first tranche will jumpstart the ability of the Company to meet its objective to do a combination of asset based lending and debt financing, without the necessity of further dilution on the Company’s stock.”

Harmonic wants to thank its shareholders for being a part of our most exciting year to date! Thanks for helping make 2012 an amazing year, we’ve made some incredible progress this year, and 2013 is lining up to be even better for our company.

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic are commercially proven and have viable operating commercial facilities.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive ‘closed-loop’ solution for the management of scrap tyres. By design, Harmonic plans to offer a solution that replicates nature’s intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor

This news release contains forward-looking statements, which may not be based on historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable securities laws, the Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.