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ARSC to Buy VAWT Technology and Manufacturing Company

American Security Resources Corporation (ARSC) announced that it has executed Letters of Intent (LOI) to acquire majority control of Mag-Wind Company LLC, which holds exclusive worldwide rights to develop and market the Mag-Wind magnetically levitated, patent protected, vertical axis wind turbine (VAWT), and to acquire majority control of VAWT Manufacturing Company, which holds exclusive Mag-Wind manufacturing rights for North America.