Receivable Acquisition & Management Corporation Announces Addition of Monirul Hoque to its Board
January 31, 2017 at 09:00 am
Share
Receivable Acquisition & Management Corporation announced the addition of Monirul Hoque to its Board of Directors. Monirul Hoque has over 20 years of experience with global financial services firms including GE Capital, JP Morgan and Bank of America. Mr. Hoque joined Alliance Global Finance as a Managing Partner in November 2012, investing Private Equity in Special Situations and Growth Capital type transactions in various Innovative technology-focused areas, primarily CleanTech, CyberTech, and FinTech. From September 2009 until October 2012 he was employed by Sawmill Capital Partners as an Emerging Markets Financial Advisor. Prior thereto, from February 2008 to August 2009, Mr. Hoque was employed by Al Rayan Investments in Doha, Qatar, as Managing Director of the group focused on emerging markets. From December 2003 until February 2008 he was employed by Banc of America Securities where he ran the Principal Financial Real Estate and Infrastructure Strategies Group. He has worked in investment and corporate banking, private equity, real estate, and asset management, and has extensive experience in investing in debt and equity products and their derivatives. He is adept at driving business plans, developing corporate strategies and leading across multiple cultural environments. His experience preparing detailed financial and strategic documents to regulators, investors and bankers will be useful to the company.
PwrCor, Inc. (PwrCor) is a cleantech energy technology company. The Company is developing advanced, novel solutions in the waste-heat-to-energy, geothermal, clean water, hydrogen production, and other markets. With its heat conversion technology, it is able to produce cost-effective mechanical or electric power from wasted heat-from low-grade heat in the 250 to 400 F range down to ultra-low temperatures in the 140 to 250 F range. PwrCor technology can be used to convert low levels of heat from any source, including industrial, geothermal, or solar, into sufficient mechanical power to drive reverse osmosis equipment wherever there is access to water, including sea water, without even having to produce electricity. PwrCor technology is also positioned to facilitate the Energy Transition initiative by creating power from heat generated in the production of Hydrogen and Ammonia, as well as from fuel cells, thereby reducing cost of operations.
PWRCOR, INC. 
