option chains Advertisement Fidelity
Home > Boards > US OTC > Delisted > OrganiTECH USA, Inc.(fka ORGT)

Katzir Fund invests $15m in hydroponics co OrganiTech

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
midastouch017 Member Profile
 
Followed By 64
Posts 19,988
Boards Moderated 15
Alias Born 02/07/04
160x600 placeholder
U.S. Stocks End Choppy Session Higher
The U.S. stock market finished Thursday's volatile session generally higher as positive earnings and stronger-than-expected data outweighed worries over military escalation near Ukrainian border.
Top Equities Stories Of The Day
Tech Companies Agree To Settle Wage Suit
AstraZeneca, Smith & Nephew Push FTSE To 7-week High
GM Profit Falls on Recalls, but Beats Expectations -- 2ed Update
Time Warner Cable Profit Jumps on Higher Subscriptions
Microsoft Posts Smaller-Than-Expected Profit Decline -- Update
GE Is in Talks to Buy Alstom's Energy Business - 2nd Update
Correction to AT&T Earnings Story
Verizon Loses Contract Wireless Phone Customers for First Time as Competition Heats Up
midastouch017   Wednesday, 02/07/07 06:40:22 AM
Re: None
Post # of 963 
Katzir Fund invests $15m in hydroponics co OrganiTech
Katzir Fund: We’ve invested NIS 67 million in kibbutz enterprises prior to the present investment.
Michal Yoshay-Horovits 7 Feb 07 13:23
The Kibbutz Industry Association’s Katzir Fund has acquired 30% of hydroponics company OrganiTech USA Inc. (Pink Sheets:ORGT.PK) for NIS 15 million. Katzir Fund manager Yossi Hebron will be appointed chairman of OrganiTech.
The Katzir Fund said that it has invested NIS 67 million in companies prior to the present investment. The Katzir Fund was founded by Rami Mandola and Harel Insurance Investments Ltd. (TASE: HARL), First International Bank of Israel (TASE: FTIN1;FTIN5) and Poalim Capital Markets - Investment Bank Ltd. It invests in stocks and loans of kibbutz enterprises and kibbutz real estate ventures.

OrganiTech develops and sells hydroponic systems for crops. The company was founded at Technion Entrepreneurial Incubator Co. Ltd. (TEIC) in 1999, and went public a year later through a reverse merger with Incubate This Inc.

Published by Globes [online], Israel business news - www.globes.co.il - on February 7, 2007


Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist