Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NEW YORK , April 5, 2012 /PRNewswire/ --
Energtek Inc. (Pink Sheets: EGTK), a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced today that the company's Israeli-based subsidiary GATAL Ltd. has signed a contract with Israeli Oil Producer Givot Olam to acquire ongoing quantities of associated gas (a class of natural gas) from the source near Tel Aviv, Israel .
The Megged 5 Field oil well is a few kilometers from Ben Gurion International Airport . According to the reports made public by Givot Olam the field is estimated to contain 120 billion cubic feet of gas (2C Estimate) in addition to realized oil resources. Givot Olam has a stable production at Megged 5 of several hundreds of barrels of oil a day; about 200,000 barrels were extracted since 2011. Aside from the existing resources, Givot Olam is planning additional drillings in the area, and there is the possibility of additional resources in the future.
GATAL will receive associated gas from Megged 5, and deliver to local energy consumers for a period of three years. Natural gas delivery is expected in approximately one year, provided GATAL receives necessary regulatory approvals.
Currently, associated gas at the site is burned as it is not currently feasible to transport the gas via pipeline infrastructure. Following implementation of the contract, GATAL will deliver gas produced from the Megged 5 site to local industrial consumers, through the implementation of Energtek's proprietary mobile transportation solution.
GATAL has entered into an investment agreement based on the contract with Givot Olam and for the execution of the said agreement.
"The signing of this contract with Givot Olam is extremely meaningful for Energtek ," said Haim Aviv (Col., Res.), CEO of Gatal. "The contract proves the necessity of mobile transportation solutions in Israel , and demonstrates that our technology enables the commercial delivery of otherwise unusable sources of associated gas."
"Furthermore, Gatal is positioning itself as a significant player in the field of natural gas delivery," Aviv added. " Israel is soon coming online as a major producer of natural gas, but has underdeveloped pipeline infrastructure. Mobile transportation solutions will enable large and small industrial energy consumers to utilize available sources of clean burning natural gas."
"We welcome the signing of this agreement with GATAL, which will permit us to stop burning associated gas emitted during drilling, said Tuvia Luskin , CEO of Givot Olam. "The economy will benefit from associated gas production. We are hopeful that the appropriate approvals will enable the sale of gas along with our oil production, rather than burning it up without a worthy purpose."
About Energtek (EGTK)
Energtek is a pipeless natural gas distribution company that provides tailored energy supply solutions for industrial and commercial customers. Energtek has developed proprietary low-pressure mobile transportation solutions to enable industrial consumers and fleets of small vehicles to utilize clean and affordable natural gas. Energtek operates subsidiaries in North America , Europe , Asia and the Middle East . To learn more about Energtek , visit http://www.energtek.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and other matters set in Energtek's filings. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
Contacts: Investor Relations
IR@energtek.com +1-212-999-6202
SOURCE Energtek Inc.
CARSON CITY, Nev. , April 5, 2012 /PRNewswire/ -- Rapid Fire Marketing (Pink Sheets: RFMK) announced today that the first round of testing and inspection of the Vapor Inhaler's first model, named the CannaCig, is complete. The following minor issues were found:
The instruction manual's wording and layout were not clear and up to our standards. Otherside Health Management has re-written and redesigned a new instruction manual that also necessitated re-printing which has resulted in a top quality and understandable instruction booklet. Now that this manual is done, it will not be an issue on the second and subsequent production runs.
We found two bad batteries and while all other parts received were up to quality standards, we decided to thoroughly retest all batteries and chargers, which is in process now. It is the objective of Rapid Fire Marketing and Otherside Health Management to bring quality units to the marketplace. We also have obtained a supply of extra batteries and are ordering more chargers to resolve any issues with the CannaCigs that are sold.
Product Launch and Marketing
Vapor Inhaler's first model, the CannaCig will undergo a full launch on Monday, 9 April. An aggressive marketing campaign will commence late this week and through the Easter weekend.
Product Pricing and Production
The price structure of the CannaCig units is as follows:
Our Cost: $50 per unit. This cost will be reduced to around $30.00 per unit on the second and subsequent production runs. The unit will retail at $99.95 ( $120.00 with active agent) until the Holiday Season where it will be marked down to $69.99 ( $90.00 with active agent) and remain at that cost. The first run included set up of many items such as printing and customization. Now that this is paid for, we will not have to incur this cost again.
"We are very pleased with the first production run, and even though it was a relatively small number of units, we now are assured the manufacturing is quality. We have decided to continue with our manufacturer into our next production run consisting of 500 units minimum. However, if funding comes through, we will bump that up to 1,000 – 5,000 units," said Tom Allinder , CEO of Rapid Fire Marketing .
Distributors and Funding Update
We have many inquiries from distributors around the country, as well as overseas, to follow up with. The apparent demand from distributors and interested individuals will necessitate a large second round production.
"The steps Rapid Fire Marketing has taken is reaching a lot of people. We are being contacted by funders that are interested in our new business direction. I am following up with these funders to see what they have to offer. Shareholders will be updated with developments as they happen. I want to thank our loyal shareholders for all of their patience and understanding during this developmental stage of our company. I am sure in a very short time you will begin to see the results of our hard work," said Tom Allinder , CEO of Rapid Fire Marketing . "I also want to thank Judah Neiditch for all of his hard work on this product and its subsequent launch. He has been working around the clock in every aspect from development and branding, to marketing and distribution, ensuring the CannaCig is the best product available in the market," Allinder concluded.
"I may have slowed down this process to ensure quality, but it is when you do things too fast that mistakes are made. When the Vapor Inhaler is greeted it will be with open, inviting and loving arms," said Judah Neiditch . "I have now smoked from an actual CannaCig and it is truly fantastic. The device is everything I hoped it would be and more. It will be a pleasure to unveil it here at the Otherside with a promotional event we have planned and follow that with the product's launch for both donation by our patients and purchase at the first retail outlets to carry them, Tabu Smoke Shop in Hollywood, California and its sister shop in Downtown Los Angeles, California ," Neiditch said.
Safe Harbor:
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE Rapid Fire Marketing
COPENHAGEN, DENMARK -- (Marketwire) -- 04/05/12 -- Bioflamex Corp. (OTCBB: BFLX) is pleased to announce that it has closed a bridge financing agreement, which is scheduled to be funded this coming week.
This investment will enable continued pursuit of the goals set in the company's business plan, and will be injected into operational investments needed for business growth.
The agreement marks an important accomplishment, and is a product of the ongoing process to obtain immediate liquidity while ensuring long term investments to create a solid foundation for the company's continued development and growth.
The company is currently reviewing options for long term financing commitments.
As soon as the aforementioned bridge financing capital has been funded, company management will commence extensive traveling to consummate the collaboration agreements which have been drafted thus far.
In addition, Bioflamex is pleased to announce that the preparations for initial production of Bioflamex aerosols have been initiated to meet required stock purchases by agents and distributors, and possible trial purchases by key commercial customers.
About Bioflamex Corp. : Bioflamex Corporation is a company focused on the development, production and marketing of its proprietary "clean tech" and advanced high performance fire-prevention and -fighting products and systems.
With its global scope, Bioflamex Corp. primarily aims at penetrating its main market segments with its proprietary Bioflamex aerosols and Sentinel wildfire detection and prevention systems.
The mission is to protect the environments while saving lives and property from fires. The Bioflamex Corp. products can enhance private households' ability to safely and efficiently fight and prevent home fires, and increase the ability to protect private and public property in forest fire prone areas with little or no contamination of the environment.
In a $100 billion fire safety and electronic security market, Bioflamex Corp. aims to become a leading "clean tech" niche player and to generate a $100million + turnover within the next 5 years.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company's business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements. www.bioflamex.com
Add to Digg Bookmark with del.icio.us Add to Newsvine
Investor Relations contact:
bflx@mscorpcommunications.com
1(888)477-3999 North America Toll-Free
1(646)417-5339 NY Local
Source: Bioflamex Corp.
SEATTLE , April 5, 2012 /PRNewswire/ -- Baristas Coffee Company Inc. (OTC: BCCI) ("The Company") ("Baristas"), a fast growing U.S. based beverage and branded products company, announced today that the Company has taken concrete steps to upgrade the listing of its shares to a senior exchange. The Company is in the process of completing the audit of its financials, has engaged council specific for the purpose of handling the filings, and expects to upgrade its listing by the end of the year.
Commenting on the potential listing upgrade, Baristas CEO Barry Henthorn stated, "The Company has experienced strong momentum in its business and believes that an upgrade to a senior exchange will enable the Company to attract both institutional investors, increase credibility, and provide greater transparency."
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, Baristas Coffee Company Inc. was formed to create a national brand of drive-thru espresso stands. BCCI is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas has separated itself from the competition with its "theme" of joining attractive female baristas in entertaining costumes preparing the finest beverages available on the market. Baristas can currently be found in six greater Seattle area locations as well as in Texas , Florida , and Montana . Your state, Coming Soon!
For more information on this fascinating concept please visit us at
www.baristas.tv
OMAHA, Neb. , April 5, 2012 /PRNewswire/ -- TiVUS, Inc. (OTCPK: TIVU) today announced it has named Steven D. Truckenmiller as executive vice-president (EVP) of channel partners.
"I am pleased Mr. Steve Truckenmiller has joined TiVUS ' management," commented Shiva Prakash, TiVUS ' chief executive officer. "Steve is a 25-year veteran of LodgeNet Interactive Corp. (NASDAQ: LNET), and brings a wealth of knowledge, experience, and industry relationships to TiVUS . We, of course, believe his unparalleled pedigree will be of enormous value in steering a course for our continued growth.
"As EVP of channel partners, Steve will be responsible for developing industry sales and distribution channels, effectively creating a complete network of partners who sell and service our growing installation base."
Mr. Truckenmiller, a founding shareholder and 25-year veteran of LodgeNet, was named its vice-president of technical services in 1985. He was next appointed vice-president technical development in 1988; and, vice-president guest pay services in 1991. Prior to joining LodgeNet, Mr. Truckenmiller was in the franchised cable television business. He graduated with a Bachelor of Science degree from Iowa State University .
"I look forward to working together with Steve in taking strategic steps to grow market share, establish solid channel partners, and identify potentially suitable acquisitions," Prakash concluded.
About TiVUS, Inc. TiVUS, Inc. is a technology entertainment services company providing Internet-based TV and Cable programming, interactive game content, and goods & services to the hotel/hospitality industry. TiVUS ' unique HD IPTV system is a complete hotel entertainment platform that, for the first time in the industry, generates previously untapped income for the hotel through ad-revenue sharing. For more information, please visit www.TiVUS.com and www.TiVUSconnect.wordpress.com, www.facebook.com/TiVUSconnect or www.twitter.com/TiVUSinc.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update forward-looking statements as the result of new information or future events. We urge investors to review the risks and uncertainties within its filings with the OTC Markets and/or Securities and Exchange Commission .
Media Relations: investorrelations@TiVUS.com
SOURCE TiVUS, Inc.
India Globalization Capital, Inc. Retires Note
BETHESDA, MD -- (MARKETWIRE) -- 04/05/12 --
India Globalization Capital, Inc. (NYSE Amex: IGC), a company competing in the rapidly growing materials and infrastructure industry in India and China , announced it had retired a note of $2,232,627.79 .
The loan was paid off with 4,377,702 shares of newly issued common stock of the Company. "This loan has carried an annual interest rate of 30% along with heavy penalties for non-payment. It has been a large drag on our earnings in the past. Going forward, the elimination of this expense will be one factor in bringing us back to profitability in our current fiscal year which started on April 1st . Also, the de-leveraging of our balance sheet will also give us additional flexibility to finance the growth of our business using more traditional forms of capital," said Ram Mukunda, CEO of IGC.
About IGC: Based in Bethesda, Maryland , India Globalization Capital (IGC) is a materials and infrastructure company operating in India and China . We currently supply iron ore to Steel Companies operating in China and rock aggregate to the infrastructure industry in India . For more information about IGC, please visit IGC's Web site at www.indiaglobalcap.com.
Forward-looking Statements: Some of the statements contained in this press release that are not historical facts constitute forward-looking statements under the federal securities laws. Forward-looking statements can be identified by the use of the words "may," "will," "should," "could," "expects," "plans," " anticipates," "believes," "estimates," "predicts," "intends," "potential," " proposed," or "continue" or the negative of those terms. These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of IGC concerning PRC Ironman with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond IGC's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, our competitive environment, infrastructure demands, iron ore availability and governmental, political, economic, legal and social conditions in China .
Factors that could cause actual results to differ, relate to the (i) ability of IGC to successfully execute on contracts and business plans, (ii) ability to raise capital and the structure of such capital including the exercise of warrants, (iii) exchange rate changes between the U.S. dollar, the Chinese RMB and the Indian rupee, (iv) weather conditions in China and India , (v) uncertainties with respect to the People's Republic of China's legal and regulatory environment, and (vi) ability of the Company to access ports on the coasts of India . Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise. Other factors and risks that could cause or contribute to actual results differing materially from such forward-looking statements have been discussed in greater detail in IGC's amended Annual Report on Form 10-K for the year ended March 31, 2011 and Schedule 14A filed on December 9, 2011 with the Securities and Exchange Commission .
Contact Information Investor Relations Contact: Mr. John Selvaraj 301-983- 0998
(END) Dow Jones Newswires
04-05-12 0830ET
TEANECK, N.J. , April 4, 2012 /PRNewswire/ -- Herborium Group, Inc. (HBRM.PK), www.herborium.com, has announced today that in respect of Good Friday and High Holidays of Passover and Easter it has moved its important announcement originally planned for Friday April 6th to Tuesday April 10th, 2012 .
In addition, Dr. Agnes Olszewski , CEO of Herborium gave a short update on a very successful progress of the company's Social Media and Promotional Strategy.
April brings an interview with Dr. Olszewski on one of the 5 most popular women's targeting websites www.hellogiggles.com launched by actress/singer/cotton spokesperson Zooey Deschanel . On April 25-28 Dr. Olszewski will participate in a National Publicity Summit in New York City where she meets top US media.
About Herborium Group, Inc.
Herborium Group, Inc. , a Botanical Therapeutics® company, focuses on developing, licensing, and marketing proprietary, botanical based medicinal products to consumers and healthcare professionals. The Company uses clinical validation to establish and maintain a differential advantage. The company sales its products in the US and Europe . For more information, please visit www.herborium.com and www.acnease.com.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. The Company urges investors to review the risks and uncertainties contained within its filings with the OTC Markets and/or Securities and Exchange Commission .
For more information please inquire: Investorsrelations@herborium.com
SOURCE Herborium Group, Inc.
theDirectory.com on Track to Post Record Q1 Revenue; Year Over Year Revenue Expected to Triple
$SEEK
http://www.nasdaq.com/article/thedirectorycom-on-track-to-post-record-q1-revenue-year-over-year-revenue-expected-to-triple-20120221-01303
NEW YORK, NY and TONGHUA, CHINA -- (Marketwire) -- 04/03/12 -- Biopharm Asia, Inc. (PINKSHEETS: BFAR) announced a status update regarding restated financial results of 2008, 2009 and 2010. As the restatement process is not yet complete, the Company delayed in filing its 10-K, which was due on March 31, 2012 , for the fiscal year ending on December 31, 2011 . The Board of Directors made the restatement process a critical priority; management retained additional accounting staff to work with the Company's outside consultant and auditor to complete the requisite bookkeeping and associated statement preparation. However, the Company has not set a timetable for completion of this evaluation process and there can be no assurances that this review will result in any action.
The Company's shares are presently listed on the Pink Sheets segment. Although no longer required by the SEC , the Company intends to file the Form 10 and the accompanying audited financial statements after completion of the audits for the fiscal year ended December 31, 2011 and restatement of previous three years.
Additionally, the Company intends to submit a Form 2-11 with a Market Maker for the purpose of sponsoring its quotation on the Financial Industry Regulatory Authority (FINRA) - OTC Markets QB (OTCQB). The Company intends to file its Form 2-11 after the filing of the Form 10. Upon receipt of comments from FINRA, and submission of the Company's responses, FINRA may include the Company's symbol for quotation on the OTCQB. There can be no assurance, however, that the Company will be successful in obtaining the approval from FINRA and be able to trade on the OTC Markets.
About Biopharm Asia, Inc.
Biopharm Asia, Inc. is engaged in the retail sale of medical services and products in China , complemented by vertically integrated supporting functions that include the cultivation of Chinese herbal medicines, pharmaceutical production and wholesale medicine distribution.
Specialty Hospital
Offers a full range of specialty services to increasingly health-conscious urban customers
Hospital Management
High-quality management expert resources to provide professional medical management solutions for hospitals and other medical agencies.
Retail
Utilizing its resource advantages, logistic center and commercial whole sale arm, BFAR expects to effectively integrate the local private drugstores and chain pharmacies and rapidly extend to nationwide.
Production
Equipped with modernized high technology and approved by the Nation's GMP, over 30 products are distributed nationwide.
Cultivation
Providing seed resource for the Company's herbal production as well as favorable fiscal financing support and tax rate from government.
Forward-Looking Statements:
This press release contains "forward-looking statements" 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. Such forward-looking statements include, without limitation, statements regarding our future results of operations, financial condition and business prospects. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to: the Company intends to file the Form 10 and accompanying audited financial statement. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the Securities and Exchange Commission . We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.
Contact:
Gloria Fang
(86) 135-3407-3970
Email Contact
Source: Biopharm Asia
MIAMI --(BUSINESS WIRE)-- April 03, 2012 --
OPKO Health, Inc. (NYSE:OPK) today announced that it has signed an agreement with Laboratory Corporation of America Holdings (LabCorp) under which LabCorp licensed exclusive rights in North America and the United Arab Emirates to OPKO's intellectual property to develop and commercialize laboratory testing services for Alzheimer's disease. Financial terms of the transaction were not disclosed.
OPKO's diagnostic is designed to detect elevated levels of antibodies that appear to be unique to Alzheimer's disease. The Alzheimer's disease-specific antibodies were discovered using OPKO's novel proprietary platform that OPKO has demonstrated in initial studies to be capable of identifying biomarkers for a wide range of diseases to which the immune system reacts, including Alzheimer's disease, as well as cancers, autoimmune diseases, neurodegenerative diseases and infectious diseases. In addition to Alzheimer's disease, OPKO is pursuing the development of diagnostics for non-small cell lung cancer, pancreatic and other cancers, and diseases for which early detection could lead to earlier therapy and dramatically improved outcomes.
"Licensing of our Alzheimer's diagnostic technology to a major clinical laboratory, such as LabCorp, marks a significant milestone for OPKO's diagnostics program and the advancement of our molecular diagnostics tests," commented Phillip Frost , M.D., Chairman and Chief Executive Officer of OPKO. " LabCorp, one of the world's leading suppliers of diagnostic services, has a track record of introducing new testing services that improve patient disease management."
"We believe that OPKO's innovative technology will lead to more accurate diagnoses, more effective treatment, and better patient outcomes," said David P. King , Chairman and Chief Executive Officer of LabCorp. "We are pleased to offer this important diagnostic tool to our customers in North America and the UAE ."
About Alzheimer's Disease
Currently it is estimated that over five million people in the United States , and over 35 million people worldwide, have Alzheimer's disease and the national cost of caring for people with Alzheimer's and other dementias was estimated to be $172 billion in 2010 in the United States alone. By 2050, it is estimated that between 11 and 16 million people in the United States over the age of 65 will have Alzheimer's, and the global prevalence of people living with Alzheimer's and other dementias is expected to be greater than 115 million. Currently there are no specific tests to detect Alzheimer's disease and follow its progression. Current diagnosis tools such as behavioral and cognitive measurements, brain scans and spinal fluid analysis have limited diagnostic accuracy, may not detect early stage disease, and in the case of spinal fluid analysis are highly invasive. Definitive diagnosis can currently be made only from examination of postmortem brain tissue samples. An effective early diagnostic blood test would provide a significant breakthrough in supporting definitive early diagnosis.
About OPKO Health, Inc.
OPKO is a multi-national biopharmaceutical and diagnostics company that seeks to establish industry-leading positions in large and rapidly growing medical markets by leveraging its discovery, development and commercialization expertise and novel and proprietary technologies.
This press release contains "forward-looking statements," as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," " projects," "will," "may," "anticipates," "believes," "should," "could," " intends," "estimates," and other words of similar meaning, including statements regarding our product development efforts and product expectations, including our ability to develop and commercialize a diagnostic test for Alzheimer's and other diseases, our ability to develop tests to identify biomarkers for a wide range of diseases to which the immune system reacts, and the potential of the technology to lead to more accurate diagnoses, more effective treatment, and better patient outcomes, as well as other non-historical statements about our expectations, beliefs or intentions regarding our business, technologies and products, financial condition, strategies or prospects. Many factors, including those described in our filings with the Securities and Exchange Commission , could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements. These factors include, that initial testing may not be indicative of future success and we will be unable to successfully develop or commercialize a diagnostic test for Alzheimer's disease or other diseases such as other neurodegenerative disorders, autoimmune diseases, and various cancers, that the diagnostic test may fail and not be successful in identifying biomarkers or antibodies unique to Alzheimer's Disease or other diseases or achieve the expected results or effectiveness, and may not generate data that would support the approval or marketing of this or other diagnostic products, that others may develop products, including other early stage diagnostic products which are superior to the test we are developing, and that the diagnostic test if developed may not have advantages over other marketed products. In addition, forward-looking statements may also be adversely affected by risks inherent in funding, developing and obtaining regulatory approvals of new, commercially-viable and competitive products and treatments, general market factors, competitive product development, product availability, federal and state regulations and legislation, the regulatory process for new products and indications, manufacturing issues that may arise, patent positions and litigation, among other factors. The forward-looking statements contained in this press release speak only as of the date the statements were made, and we do not undertake any obligation to update forward- looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.
CONTACT: OPKO Health, Inc.
Steve D. Rubin , 1-305-575-6015
SOURCE: OPKO Health, Inc. Copyright Business Wire 2012
Order free Annual Report for OPKO Health, Inc.
Visit http://djnweurope.ar.wilink.com/?ticker=US68375N1037 or call +44 (0)208 391 6028
(END) Dow Jones Newswires
04-03-12 0855ET
TORONTO, ONTARIO -- (Marketwire) -- 04/03/12 -- Pacific Gold Corp. (OTCQB: PCFG)(PINKSHEETS: PCFG), is pleased to provide a progress update for Project W.
Pilot Metals holds a purchase option on Project W from PCFG's subsidiary Pilot Mountain Resources until September 2013 . Pilot Metals plans for 2012 include a drilling program, resource calculation, metallurgy study and a scoping study.
PCFG management believes that Project W results received by Pilot Metals, to date, have been equal to or exceeding historical reports prepared regarding Project W resources.
From Pilot Metals on March 19, 2012 ;
HIGHLIGHTS
-- "Drilling has recently been completed with the last two holes of the
program intersecting substantial, scheelite bearing skarn mineralisation
up to 150m to the east outside of the Union Carbide Feasibility Study
area. Assays for these holes are pending.
-- Significant tungsten skarn mineralisation has now been confirmed over
650m of strike and a vertical extent of 330m with mineralisation
remaining open in all directions.
-- Activities now moving to data compilation and the construction of a new
geological and resource model with the aim of delivering a maiden JORC
compliant resource calculation for Desert Scheelite by the end of June
2012 .
-- Scoping Study planned to commence in the 3rd Quarter, 2012.
-- Based on the available historic Union Carbide data, Black Fire's initial
Exploration Target for Desert Scheelite is 4 - 5Mt @ 0.30 - 0.34%
WO3(i). The total Exploration Target across the three advanced prospects
(Desert Scheelite, Gunmetal & Garnet) is 7-9Mt @ 0.30 - 0.37% WO3(i)
with good potential for copper and silver credits. A total of 11 other
prospect areas are currently known within the licence area providing
excellent exploration upside."
"The drilling program has recently been completed with 15 holes being drilled. The aim of this program was to twin and infill selected historic vertical diamond drill holes that were drilled predominantly on 33m x 33m centres (Figure 1) to provide confirmatory assay and geological information so that the extensive historic database may be brought into a maiden JORC compliant resource calculation for Desert Scheelite, scheduled for completion by the end of June 2012 . Black Fire's drill program comprised both "twins" to historical vertical holes and angled holes drilled to provide better geological control and confirm true width intersections.
To view the "Union Carbide Planned Open Pit" map, please visit the following link: http://media3.marketwire.com/docs/pcfg_carbide_map.jpg
The Desert Scheelite resource drilling program has been completed on schedule. Independent resource consultants, Golder & Associates , have been appointed to undertake the resource calculation and their background database work has commenced. A Golder's consultant geologist also completed a site visit to the project during late February for standard auditing purposes."
To find out more about Pacific Gold Corp. (OTCQB: PCFG), visit the Company's website at www.pacificgoldcorp.com.
About the Company
Pacific Gold Corp.'s business plan provides for the acquisition and development of production-ready and in-production mining operations. The company is focused on alluvial gold and base metals operations located in western North America . Pacific Gold Corp. owns four operating subsidiaries: Nevada Rae Gold, Inc. , which owns and operates the Black Rock Canyon gold mine, located in north-central Nevada ; Pilot Mountain Resources Inc. , which owns Project W, a large tungsten based deposit in Nevada ; Fernley Gold, Inc. , which has acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada ; and Pacific Metals Corp. , which owns claims in San Juan and Delores Counties, Colorado , encompassing the historic Graysill Mine .
This news release includes forward-looking statements that reflect Pacific Gold Corp.'s current expectations about its future results, performance, prospects and opportunities. Pacific Gold Corp. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Pacific Gold Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2012 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
Contacts:
Pacific Gold Corp.
416-214-1483
www.pacificgoldcorp.com
Source: Pacific Gold Corp.
NEW YORK , April 2, 2012 (GLOBE NEWSWIRE) -- Alliqua, Inc. (OTCBB:ALQA) ("Alliqua" or the "Company") announced that entrepreneur Dr. Phillip Frost and other investors collectively purchased approximately 24 million shares pursuant to certain private stock purchases. Dr. Frost is an existing stockholder in Alliqua and as a result of his participation in these stock purchases is the beneficial owner of approximately 11.1% of Alliqua's common shares.
Alliqua's President and director, Richard Rosenblum , commented, "When such a renowned investor as Dr. Phillip Frost continues to increase his stake in Alliqua , it is a meaningful statement. We welcome his additional investment in Alliqua as it underscores his belief in the Company and the direction that management has taken."
Frost Gamma Investments Trust has invested more than $160 million in companies and technologies since it started in 2006. Among his other roles, Dr. Frost is Chairman of Israel based Teva Pharmaceuticals ; Chairman of Ladenburg Thalmann Financial Services, Inc. ; Chairman of OPKO Health, Inc. ; and Chairman of PROLOR Biotech .
About Alliqua, Inc.
Alliqua, Inc. (OTCBB:ALQA) ("Alliqua") is an advanced biomedical products company focused on the development and manufacturing of proprietary technologies in the fields of drug delivery, advanced wound care and liver health preservation. Through its wholly-owned subsidiary, Alliqua BioMedical, Inc. , Alliqua intends to develop active ingredient and transdermal drug delivery products, primarily utilizing the proprietary hydrogel technology platform of AquaMed Technologies, Inc. ("AquaMed"), Alliqua's subsidiary.
AquaMed manufactures custom hydrogels used for transdermal drug delivery, wound care, medical diagnostics, and cosmetics. These products use proprietary manufacturing technologies which enable AquaMed to produce what is known in the healthcare industry as high water content, electron beam cross-linked aqueous polymer sheet hydrogels. AquaMed believes that it is one of two manufacturers in the world for these gels. Alliqua's third subsidiary, HepaLife Biosystems, Inc. , focuses on the development of a cell-based bioartificial liver system, known as HepaMate™.
Any statements contained in this press release regarding our ongoing research and development and the results attained by us to-date have not been evaluated by the Food and Drug Administration .
For additional information, please visit www.alliqua.com
To receive future press releases via email, please visit: http://alliqua.com/index.php?page=investor-alerts The Alliqua, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8820
Legal Notice Regarding Forward-Looking Statements
This release contains forward-looking statements. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties outside of the our control that can make such statements untrue, including, but not limited to, adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, termination of contracts or agreements, technological obsolescence of our products, technical problems with our research and products, price increases for supplies and components, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists and other specific risks. We currently have no commercial products intended to diagnose, treat, prevent or cure any disease. The statements contained in this press release regarding our ongoing research and development and the results attained by us to-date have not been evaluated by the Food and Drug Administration . There can be no assurance that further research and development, and /or whether clinical trial results, if any, will validate and support the results of our preliminary research and studies. Further, there can be no assurance that the necessary regulatory approvals will be obtained or that we will be able to develop new products on the basis of our technologies. In addition, other factors that could cause actual results to differ materially are discussed in our Annual Report on Form 10-K filed with the SEC on March 29, 2012 and our most recent Form 10-Q filings with the SEC . Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. We undertake no obligation to publicly update or revise our forward-looking statements as a result of new information, future events or otherwise.
CONTACT: Alliqua, Inc.
Steven Berger
646-218-1450
Image: Alliqua, Inc. Logo
Source: Alliqua, Inc.
FORT LAUDERDALE, Fla. , April 3, 2012 /PRNewswire/ -- Nouveau Life Pharmaceuticals, soon to be changed from Hybrid Fuels, Inc. , (Pink Sheets: HRID) announced that their nutraceutical product engineers have just delivered an exciting new development for Nouveau Life Pharmaceuticals . The company's breakthrough product Azul Instant™ is now going to be manufactured to include a more satisfying flavor. This little pill is currently being taste tested with an orange flavor that has been added to its advanced formula, with two more flavors being considered. The improved Azul Instant™ should also be easier to digest.
CEO, Ramiro Cadena is incredibly optimistic about the opportunity to bring this new flavored pill to market. Cadena said, "After much product and consumer research I believe we have produced something consumers have been seeking for quite some time." The new flavor as well as the ease of consuming the new pill is believed to be a major advantage over similar competitors. Cadena went on to discuss the importance of Azul Instant™ in the lives of men who experience the debilitating effects of ED.
Final taste tests are scheduled to conclude later this month. The new and improved Azul Instant™ is scheduled for distribution in May 2012 .
About Azul Instant™
Azul Instant™ was developed by the scientific research and development team of Nouveau Life Pharmaceuticals to provide a safe and natural alternative for the millions of men suffering from erectile dysfunction. The Company's goal is to create the healthiest and most effective all-natural male enhancer ever formulated. Patients will now receive the NATURAL benefits of Azul Instant™ and unlike pharmaceutical drugs such as Cialis, Viagra and Levitra, Azul Instant™, carries no dangerous side effects. While there are other natural alternative supplements on the market today, Azul Instant™ is the only male enhancement product that works as fast as 5 minutes. Azul Instant™ can last for up to 48 hours and has proven to help enhance sexual stamina, endurance, strength and energy with no side effects.
Azul Instant™ is marketed under Nouveau Life Pharmaceuticals, Inc. For more information, go to www.azulnow.com.
About Hybrid Fuels, Inc. The company was incorporated in the state of Nevada in 1998 as Polo Equities . It has primarily been a development stage company with management focused on developing innovative business opportunities and further advancing technologies.
Forward-Looking Statements - This press release contains "forward-looking statements" 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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Hybrid Fuels, Inc. undertakes no obligation to update such statements.
CONTACT:
Nouveau Life Pharmaceuticals, Inc. - 954-903-2993
SOURCE Nouveau Life Pharmaceuticals, Inc.
SOLON, Ohio , April 3, 2012 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (OTCBB:EFOI), a leader in providing LED energy efficient lighting solutions, announced it has been awarded a $1.8 million order from a leading Energy Service Company ("ESCO") for its energy saving LED lamps.
"Our LED products are gaining increasing interest and traction in the existing building markets. I was delighted to announce on our recent conference call that we've received our first sizeable $1.8 million 'product only' order with a very large ESCO customer for our LED replacement lamp," said Joe Kaveski , Energy Focus CEO.
"This order is expected to be 100% fulfilled this year," continued Mr. Kaveski. "This sale is very significant as it represents a real beginning of the ESCO markets transition to LED lamps. We are now able to offer LED solutions that match or better the simple payback of traditional fluorescent lamps. Furthermore, this $1.8 million order demonstrates the ESCO markets are an early adopter for LED lighting and confirms our view that ESCOs and SRC Solutions are key vehicles to drive large LED product sales."
About Energy Focus, Inc.
Energy Focus, Inc. is a leading provider of energy efficient LED lighting products and turnkey energy efficient lighting solutions, holding 75 relevant lighting patents. Our solutions provide energy savings, aesthetics, safety and maintenance cost benefits over conventional lighting. Our long-standing relationship with the U.S. Government includes numerous research and development projects for the DOE and DARPA , creating energy efficient LED lighting systems for the U.S. Navy fleet and the next generation Very High Efficiency Solar Cell. Customers include supermarket chains, the US government, state and local governmental agencies, retail stores, museums, theme parks and casinos, hotels, swimming pool builders and many others. Company headquarters are located in Solon, OH , with additional offices in Nashville, TN , Pleasanton, CA , and the United Kingdom.
The Energy Focus, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6633
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding our future business outlook, our products, our solutions, and our work with leading customers including governmental agencies. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. For more information about potential factors that could affect Energy Focus financial results, please refer to the Company's SEC reports, including its Annual Reports on Form 10-K and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Energy Focus disclaims any intention or obligation to update or revise any forward-looking statements.
CONTACT: Media Contact:
Energy Focus, Inc. , Public Relations Office
(440) 715-1295
pr@energyfocusinc.com
Investor Contact:
Brion Tanous
CleanTech IR, Inc.
310-541-6824
btanous@cleantech-ir.com
Image: company logo
Source: Energy Focus, Inc.
MONTREAL , April 3, 2012 /PRNewswire/ - Toron Inc. (OTCBB:TRON)- (The Company) announced today that it will continue with an extensive examination of acquiring additional properties in the Val d'Or area of Quebec , which is the name of the town and in English means the "Valley of Gold. The Val d'Or mining region of Quebec has been an historically gold and mineral rich area; with substantial gold finds throughout. There have been at least 30 million ounces of gold taken out of the region since its first discoveries. The Company has decided that it would like to build on its presence in the region. This area of the Val d'Or mining region is home to a number of operating gold mines and has seen a recent surge of activity. Toron is actively evaluating different properties and projects with it may pursue. Due to a number of recent technological advances in the arena of mineral exploration, the Company believes that previously overlooked claims may show additional indications for minerals. Toron believes that this mining region is a word class area with excellent fiscal terms, a highly trained work force, and a developed infrastructure. Michael Whitehead the President of Toron was quoted as saying, "The entire mining region of Val d'Or is being re evaluated on exploration terms and it is a very exciting area to be a part of." About Us Toron Inc. (www.toroninc.com) prides itself on being a new mineral exploration company focusing its attention on projects involving gold and other valuable metals. Based in Quebec , one of Canada's richest mining provinces, Toron Inc. , a Nevada company incorporated a wholly owned subsidiary, Toron Resources Inc. , for the sole purpose of exploring mining projects in Canada , and specifically, in Quebec and Ontario . Further information on the Company can be found at www.sec.gov and the company's website at www.toroninc.com Safe Harbor Statement Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, but are not limited to, the ability to acquire additional claims as well as the potential for mineral deposits at the company's mineral exploration claims. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing and completion of contemplated financings, the actual use of proceeds, receipt of regulatory approvals and the timing and success of future exploration development and production activities. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed exploration and development of its mineral projects will proceed as planned; (2) market fundamentals will result in sustained metals and minerals prices and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements. These risks and uncertainties include those relating to: lack of operating history, transitioning from a development company to an operating company, difficulties in distinguishing Toron Inc. resources and ability to mine Toron Inc. resources, market acceptance of our products and services; operational difficulties relating to combining acquired companies and businesses; our ability to form and maintain mutually beneficial relationships with customers and strategic partners; changes in economic, political or regulatory conditions or other trends affecting the mining sectors, and our ability to attract and retain qualified personnel. Further information about these matters can be found in our Securities and Exchange Commission filings. We expressly disclaim any intent or obligation to update these forward-looking statements. Holybank Communications Ltd. Tel: 1-877-617-6623 Email: info@toroninc.com SOURCE Toron Inc. /CONTACT:
Holybank Communications Ltd. > Tel: 1-877-617-6623 > Email: info@ toroninc.com (END) Dow Jones Newswires 04-03-12 0800ET
SCOTTSDALE, Ariz. , April 3, 2012 /PRNewswire/ -- EGPI Firecreek, Inc. (OTCBB: EFIR) announced today a Letter of Intent to prepare and conduct drilling programs aimed at the Barnett Formation in West Central Texas with U.K. -based Cubo Energy, PLC ("CUBO").
Initial plans are to prepare and conduct a 3-D Seismic study for 240 acres covering the Boyette property in Shackelford County, Texas . The seismic study will focus on specific Barnett Shale formation characteristics that will assist in the drilling of one and possibly two Barnett horizontal wells or an equivalent eight vertical wells on the Boyette lease. Proposed depth of future drilling is expected to be approximately 5,200' to 5,500' feet.
There have been recent Barnett wells in the immediate area that have been productive in the oil segment or phase of the Barnett Shale that have justified the seismic study. Both companies feel that this is the perfect opportunity to co-develop their strategic plan for a co-partnered drilling program.
As previously reported, EGPI Firecreek, Inc. signed an Agreement on March 01, 2012 to sell off a portion of its oil and gas interests to Cubo Energy, PLC . Both companies are currently in the final stages of executing their Definitive Agreement and in accordance with their mutual interests and commitments are moving ahead with plans for the co-development of several future drilling programs.
Dennis Alexander , EGPI's CEO, stated, "Although we have been working on our relationship with Cubo Energy over the last several months, we have made significant progress over the last six weeks and are comfortable in moving ahead with the development of a strategic co-development plan for a multi-drilling program that will enable us to expand the breadth of our oil and gas division. This partnership will limit our personal financial exposure while having the advantage of utilizing two separate oil and gas management teams that will have an overall focus on the success of our specific projects."
About EGPI Firecreek, Inc.
EGPI Firecreek, Inc. 's business and acquisition strategy is focused on producing oil and gas. The Company puts emphasis on acquiring existing fields with proven reserves or by the rehabilitation of oilfields with potentially high throughput. Through its wholly owned subsidiary Energy Producers, Inc. , it acquires resource properties and inventories. Through its wholly owned subsidiary Chanwest Resources, LLC it operates as an oil and gas service business. EGPI Firecreek, Inc. is also planning to expand into producing energy through alternative energy sources through their recently acquired Arctic Solar Engineering subsidiary.
Safe Harbor
This release contains statements that constitute forward-looking statements 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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek, Inc. , its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EGPI Firecreek, Inc. 's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreek, Inc. 's filings with the Securities and Exchange Commission .
CAUTIONARY NOTE TO UNITED STATES INVESTORS
The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC , to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms, such as prospective resource or Original Oil in Place (OOIP) or Petroleum Initially In Place (PIIP), that the SEC 's guidelines strictly prohibit us from including in filings with the SEC . U.S. Investors are urged to consider closely the disclosure in our Form 10K. Additional information may be found at the following web site:
http://www.sec.gov/divisions/corpfin/guidance/cfoilgasinterps.htm
Public Relations and Shareholder Information
Joseph Vazquez
754-204-4549 or
Email: infinityglobalconsulting@gmail.com
SOURCE EGPI Firecreek, Inc.
GRNE .00s coming :))
DENVER , April 2, 2012 /CNW/ - MusclePharm Corporation , a Nevada corporation (" MusclePharm" or the "Company") (OTCBB: MSLP.ob - News), a nutritional supplement company focusing on all categories of an active lifestyle, is pleased to announce that it has opened its first office in Canada .
" Canada is a core market for Fitness as well as the Mecca for UFC," said Brad Pyatt , CEO of MusclePharm. "In the next 36 months, we plan to expand our offices further, into the UK , Middle East and Latin America ."
Stringent Canadian regulatory rules mean this market is relatively untapped from US dominant brands, and MusclePharm has been diligent with obtaining all the proper licensing and Health Canada approvals, which has taken nearly 2 years. As of today MusclePharm Canada is a fully active compliant division of MusclePharm that will jump start our growth in the Canadian market.
"We welcome Renzo Passaretti as MusclePharm Canada President," Pyatt said. " His 22 years of Health and Food business experience in Canada and 15 running Distributor American Nutrition will help us compete more efficiently and gain significant market share quickly. His experience will play a key role in us going direct with our retailers."
The Canadian market has over 2000 Health Food Retailers, including GNC(R) Canada , Popeyes(R), Reflex(R) and over 7000 Drug-Mass market outlets like Wal- Mart(R), London Drugs(R) and Rexel Drugs(R).
The MusclePharm Canada operation is poised to capitalize on the UFC momentum in the country. Over 200,000 fans have attended in three host cities: Montreal , Vancouver , and Toronto totaling over $40 million from gate sales. The Toronto event alone drew over 55,000 fans for more than $12 million in gate receipts, pushing the eight-event average to roughly 25,000 in attendance per event. UFC also announced that it planned to return at least three times a year annually through 2014.
"This is just the beginning of part of our strategic Global expansion and Canada is a great starting ground and these are exciting times at MusclePharm," Pyatt said.
ABOUT MUSCLEPHARM CORPORATION
MusclePharm is a healthy lifestyle company that develops and manufactures a full line of NSF International and Informed Choice approved nutritional supplements that are free of banned substances. Based on years of research at the MusclePharm Sports Science Center , the products are created through an advanced six-stage research protocol involving the expertise of top nutritional scientists and field tested by more than one hundred elite professional athletes from various professional sports leagues including the National Football League , Mixed Martial Arts and Major League Baseball . The company's products address all categories of an active lifestyle, including muscle building, weight loss and maintaining general fitness through a daily nutritional supplement regimen. MusclePharm is sold in more than 120 countries and available in over 10,000 U.S. retail outlets, including GNC and Vitamin Shoppe and Vitamin World. MusclePharm products also are sold through more than 100 online stores, including bodybuilding.com, Amazon.com and Vitacost.com . For more information, please visit www.musclepharm.com.
FORWARD LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements, including, but not limited to, becoming a free cash flow business by the end of the 2012 first quarter, relate to future events or to future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward- looking statements. Undue reliance should not be placed on forward-looking statements, since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. MusclePharm assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For more information, contact: PondelWilkinson Inc. Roger Pondel / Robert Jaffe 310-278-5980
SOURCE MusclePharm Corporation
/CONTACT: http://www.musclepharm.com
Copyright CNW Group 2012
(END) Dow Jones Newswires
04-02-12 1029ET
GRNE Reports Salon Revenue of $267,750 in March 2012 ; Up 11% Over March 2011
SALT LAKE CITY, UT -- (MARKETWIRE) -- 04/02/12 --
Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced continued revenue growth in the month of March.
Green is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations were $267,750 for the month of March 2012 ; which is an increase of $26,790 or 11% compared to March 2011 . The newer Marmalade salon reported March 2012 sales of $78,420 ; a $13,293 or 20% increase from the comparable month of 2011. Our flagship Liberty Heights salon reported revenues in March 2012 of $267,750 ; a $13,497 or 8% increase over March 2011 .
Richard D. Surber , CEO of GRNE, stated, "My team continues to grow and perform. Our revenues continue to grow. Resumes for new stylists and new personnel for our City Creek Aveda(TM) Experience Center are also piling up which means that even greater streams of revenue are on the horizon. I expect our organization will continue to strengthen throughout 2012 and beyond. Double digit increases in revenues are expected for our Marmalade location while our flagship location continues its efforts to improve its bottom line."
About Green Endeavors, Inc.
Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE), headquartered in Salt Lake City, Utah , is a holding company with operations in health & beauty. GRNE's wholly owned subsidiaries, Landis Salons, Inc. and Landis Salons II, Inc. http:/ /www.landissalons.com, operate hair salons built around the world-class AVEDA( TM) product line. For more information, visit http://www.green-endeavors.com. The numbers are not audited and have not been reviewed by an independent accountant. GRNE strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2010 and 2011. GRNE's disclosures can be viewed at www.sec.gov and www.otcmarkets.com. Investors should not invest more than they can afford to lose in penny stocks.
FOR MORE INFORMATION, CONTACT: Richard Surber President Green Endeavors, Inc. 801-575-8073 x 106 hudconsult@aol.com
(END) Dow Jones Newswires
04-02-12 1128ET
CARSON CITY, Nev. , April 2, 2012 (GLOBE NEWSWIRE) -- Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that the Embraer 314 Super Tucano aircraft (the "Super Tucano") in which it has an interest through a Services Agreement with Tactical Air Support, Inc. has successfully flown on its first revenue-producing contract.
Despite a delay of many months due to unforeseen weapons clearance and maintenance requirements, all of which have now been resolved, the Super Tucano was successfully flown on contract providing training support for the U.S. Department of Defense . Because of positive feedback and strong demand for the Super Tucano, an aircraft which adds a level of capability and sophistication that no other commercial provider can deliver, we believe this initial detachment in support of military training will be one of many, but because it is an Indefinite Delivery Indefinite Quantity (IDIQ) Contract, we cannot yet provide a fixed dollar amount for the contract.
The Embraer 314 Super Tucano is a specialty military aircraft renowned for its capabilities in counter-insurgency and air-to-ground bombing, and is the only one of its kind offered in the U.S. through a commercial Aerospace/Defense services contractor.
Alexis C. Korybut , Chief Executive Officer of TADF, stated, "We are extremely pleased to announce that the Super Tucano has flown on its first military contract and is producing its first revenues for TADF after very frustrating and unanticipated delays. The Super Tucano is truly an exceptional aircraft with outstanding capabilities that no other commercial provider can offer, and we believe the aircraft will now be able to generate a steady flow of revenue for the Company."
Make sure you are first to receive timely information on Tactical Air Defense Services when it hits the newswire. Sign up for TADF's email news alert system today at: http://ir.stockpr.com/tads-usa/email-alerts
Further information about TADF is available on our website: www.tads-usa.com.
Forward Looking Statement Disclosure
Statements contained herein that are not historical facts may be forward looking statements within the meaning of the Securities Act of 1933, as amended. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts, to procure future contracts, to acquire certain assets, or to finalize funding for the purchase of certain assets. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
CONTACT: Investor Relations Contact:
Gerald N. Kieft
The WSR Group
(772) 219-7525
IR@theWSRgroup.com
www.theWSRgroup.com
Source: Tactical Air Defense Services, Inc.
SCOTTSDALE, AZ -- (Marketwire) -- 04/02/12 -- NutraCea (OTCQB: NTRZ) (PINKSHEETS: NTRZ), a global leader in the production and marketing of value added products derived from rice bran, today announced its financial results for the year ending December 31, 2011 .
W. John Short , Chief Executive Officer of NutraCea , stated, "In 2011, NutraCea continued to make significant strides from both a financial and operational point of view. Financially, we delivered continued improvement in all areas of our business. Consolidated revenues increased 10.7%, gross profit increased 8.8%, operating expenses decreased by $3.7 million and our net loss attributable to NutraCea shareholders improved by $5.6 million ."
"These results were driven by a 24.2% increase in revenue and a 71.6% increase in gross profit in our Brazil segment. We are optimistic about the future of this segment as we continue working toward completion of the capital expansion projects currently underway at our Brazilian facility. Management is equally pleased that we have been able to increase core SRB sales in our USA segment over the last two years while divesting non-core assets related to cereal and equine brand products."
Mr. Short continued, "A key component of our business strategy is to develop strategic alliances that will help us leverage our competitive strengths to increase value for our shareholders and business partners. In 2011 we entered into two strategic alliances: a joint research and development agreement with DSM Innovation Center, a subsidiary of Royal DSM N.V. ; and an exclusive, co-branded international product distribution agreement covering over 40 countries with Beneo, a subsidiary of SudZucker Group . We are working diligently with our alliance partners on both of these efforts."
2011 Operational Highlights
Consolidated revenues increased 10.7% to $37.0 million , driven by a 24.2% increase in the Brazil segment;
Total gross profit increased 8.8% to $7.6 million , driven by a 71.6% increase in the Brazil segment;
Consolidated gross profit margin remained stable year over year at approximately 21%;
Made final payment to creditors under the terms of the Amended Plan of Reorganization (the "Plan") in January 2012 . All creditors were paid in full;
Signed co-branded sales and marketing agreement with BENEO-Remy, a world leader in functional food ingredients, covering international distribution of our products in key global markets;
Entered into a joint research and development agreement with DSM Innovation Center and
Completed the expansion of distilled fatty acid plant in Brazil .
Mr. Short concluded, "In addition to our financial improvement and operational milestones, we are particularly pleased to have made the final payment of all amounts due to creditors under the Plan. We are proud that we were able to pay all creditors in full while not impairing our equity shareholders as is typical with most bankruptcy restructuring outcomes. We are happy to put this behind us and now look forward to focusing on our business and creating the upmost value for our loyal shareholders."
Financial Results for the Year Ending December 31, 2011 Consolidated revenues for the year ending December 31, 2011 totaled $37.0 million , an increase of $3.6 million , or 10.7%, as compared to $33.4 million for the year ending December 31, 2010 . The improvement is attributable to our Brazil segment revenues increasing $5.1 million , or 24.2% as shown in the table below.
----------------------------------------------------------------------------
Annual Revenue Breakdown By Business Segment (USD in thousands)
----------------------------------------------------------------------------
December 31, 2011 2010 CHANGE
----------------------------------------------------------------------------
Brazil segment $26.3 million $21.1 million +24.2%
% of Revenues 71% 63.3%
----------------------------------------------------------------------------
USA segment $10.7 million $12.2 million -12.6%
% of Revenues 29.0% 36.7%
----------------------------------------------------------------------------
Total Revenues $37.0 million $33.4 million +10.7%
----------------------------------------------------------------------------
The increase in Brazil segment revenues is attributable to the overall favorable pricing environment and increased volume in animal feed and oil products. Animal feed revenues benefited from higher prices in other commodity products like soy and corn, which are traditional animal feed sources. Rice bran based products provide an alternative source of animal feed. Oil revenues continue to benefit from current higher pricing trends in vegetable oil markets that began in the last quarter of 2010 and continued throughout 2011 before moderating slightly near the end of 2011.
USA segment revenues decreased $1.5 million to $10.7 million in 2011 as compared to $12.2 million in 2011. Revenues decreased due to a decline in cereal product revenues and other revenues of $1.5 million due to the March 2010 sale of the cereal product related assets and a decline in animal nutrition product revenues of $0.4 million on lower volume due to competitive pressures. This decrease was offset by an increase in human nutrition product revenues of $0.4 million , due to increased volumes from existing customers and the impact of price increases which took effect in the middle of the first and fourth quarters of 2011.
----------------------------------------------------------------------------
Annual Gross Profit Breakdown By Business Segment (USD in thousands)
----------------------------------------------------------------------------
December 31, 2011 2010 CHANGE (Gross Profit)
----------------------------------------------------------------------------
Brazil Segment $4.4 million $2.6 million +71.6%
Gross Profit Margin % 16.9% 12.2%
----------------------------------------------------------------------------
USA Segment $3.1 million $4.4 million -28.4%
Gross Profit Margin % 29.3% 35.7%
----------------------------------------------------------------------------
Total Gross Profit $7.6 million $7.0 million +8.8%
Gross Profit Margin % 20.5% 20.9%
----------------------------------------------------------------------------
Brazil segment gross profit percentage improved from 12.2% to 16.9%. The improvement in margin from the 24.2% increase in revenues and resulting improvement in plant efficiency was partially offset by the impact of lower margin shipping and handling revenue. Revenue related to shipping and handling increased 77.6 % between 2011 and 2010 as international customer sales rose. In addition, the shift in sales mix from fully refined oil to crude oil resulted in lower cost of goods sold. Crude oil requires less production costs than refined oil. In 2011, because of the favorable pricing environment in crude oil markets, a significant portion of production was sold as crude oil in comparison to 2010.
The 2011 USA segment gross profit percentage was negatively impacted by higher 2011 raw bran prices and the impact of recording depreciation on the Dillon, Montana facility in 2011. Average raw bran prices continued to rise throughout 2011 and as of December 31, 2011 , were approximately 52% higher, on average, than prices as of the end of 2010. These higher bran prices resulted in approximately a 7% decline in gross profit. To offset the higher raw bran cost, the Company implemented a price increase in the first quarter of 2011 for certain customers and additional sales price increases in the fourth quarter of 2011 to offset higher bran costs. The Company also experienced USA segment margin erosion of 4 percentage points associated with the $0.5 million increase in depreciation expense recognized in cost of goods sold on the Dillon, Montana facility in 2011. No depreciation was recognized on the facility in 2010 while the facility was an asset held for sale.
Conference Call Details Date: Thursday, April 5th, 2012 Time: 1:00 p.m. Eastern Participant Dial-In: (480) 629-9664 Live Webcast: http://viavid.net/dce.aspx?sid=000095A6
It is recommended that participants dial in approximately 10 minutes prior to the start of the 1:00 p.m. Eastern call. A telephonic replay of the conference call may be accessed approximately two hours after the call through April 12th, 2012 . Please dial 1-877-870-5176 for U.S. or 1-858-384-5517 for international callers and enter the access code 4529241.
Forward-Looking Statements This release contains forward-looking statements, including, but not limited to, statements about NutraCea's expectations regarding future sales prospects, profitability, price adjustments and the completion of capital projects in Brazil . These statements are made based upon current expectations that are subject to known and unknown risks and uncertainties. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in NutraCea's filings with the Securities and Exchange Commission , including NutraCea's most recent periodic reports.
About NutraCea NutraCea is a human food ingredient and animal nutrition company focused on the procurement, bio-refining and marketing of numerous products derived from rice bran. NutraCea has proprietary and patented intellectual property that allows us to convert rice bran, one of the world's most underutilized food sources, into a number of highly nutritious human food and animal nutrition products. Our target markets are human food and animal nutrition manufacturers and retailers, as well as natural food, functional food and nutraceutical supplement manufacturers and retailers, both domestically and internationally. More information can be found in the Company's filings with the SEC and by visiting our website at www.nutracea.com.
NutraCea
Consolidated Balance Sheets
December 31, 2011 and 2010
(in thousands, except share amounts)
2011 2010
----------- -----------
ASSETS
Current assets:
Cash and cash equivalents $ 3,329 $ 537
Restricted cash 2,118 1,917
Accounts receivable, net of allowance for
doubtful accounts of $323 and $277 3,702 3,502
Inventories 2,297 2,738
Note receivable, current portion 700 1,200
Deferred tax asset 159 292
Income and operating taxes recoverable 1,659 851
Deposits and other current assets 1,049 1,237
Assets held for sale - property, plant and
equipment - 3,598
----------- -----------
Total current assets 15,013 15,872
Note receivable, net of current portion - 600
Property, plant and equipment, net 27,995 24,054
Intangible assets, net 3,928 6,296
Goodwill 5,240 5,835
Other long-term assets 56 144
----------- -----------
Total assets $ 52,232 $ 52,801
=========== ===========
LIABILITIES, TEMPORARY EQUITY AND EQUITY
Current liabilities:
Accounts payable $ 2,995 $ 2,573
Accrued expenses 4,202 5,095
Pre-petition liabilities 1,615 6,406
Long-term debt, current portion 6,792 2,908
----------- -----------
Total current liabilities 15,604 16,982
Long-term liabilities:
Long-term debt, net of current portion 7,933 6,440
Deferred tax liability 3,767 4,361
Warrant liability 1,296 1,628
Other long-term liabilities - 1,000
----------- -----------
Total liabilities 28,600 30,411
----------- -----------
Commitments and contingencies
Redeemable noncontrolling interest in Nutra SA 9,918 -
----------- -----------
Equity:
Equity attributable to NutraCea shareholders:
Preferred stock, 20,000,000 authorized and
none issued - -
Common stock, no par value, 500,000,000 shares
authorized,201,264,622 and 195,359,109 shares
issued and outstanding 209,613 207,432
Accumulated deficit (194,911) (184,812)
Accumulated other comprehensive loss (988) (74)
----------- -----------
Total equity attributable to NutraCea
shareholders 13,714 22,546
Noncontrolling interest - (156)
----------- -----------
Total equity 13,714 22,390
----------- -----------
Total liabilities, temporary equity and
equity $ 52,232 $ 52,801
=========== ===========
NutraCea
Consolidated Statements of Operations
Years Ended December 31, 2011 and 2010
(in thousands, except per share amounts)
2011 2010
------------- -------------
Revenues $ 36,957 $ 33,378
Cost of goods sold 29,386 26,418
------------- -------------
Gross profit 7,571 6,960
------------- -------------
Operating expenses:
Selling, general and administrative 14,441 15,995
Professional fees 2,922 2,027
Recoveries from former customers (1,800) -
Impairment of property, plant and equipment 906 1,900
Impairment of intangible assets 686 -
Loss on disposal of property, plant and
equipment - 943
------------- -------------
Total operating expenses 17,155 20,865
------------- -------------
Loss from operations (9,584) (13,905)
------------- -------------
Other income (expense):
Interest income 126 84
Interest expense (1,763) (1,406)
Loss on acquisition of controlling interest
in Rice Rx (140) -
Warrant liability income (expense) 332 (349)
Foreign currency exchange, net (99) (64)
Other income 232 148
Other expense (324) (78)
------------- -------------
Total other income (expense) (1,636) (1,665)
------------- -------------
Reorganization expenses:
Professional fees - 1,033
------------- -------------
Total reorganization expenses - 1,033
------------- -------------
Loss before income taxes (11,220) (16,603)
Income tax benefit 345 935
------------- -------------
Net loss (10,875) (15,668)
Net loss attributable to noncontrolling
interest in Nutra SA 776 -
------------- -------------
Net loss attributable to NutraCea shareholders $ (10,099) $ (15,668)
============= =============
Loss per share attributable to NutraCea
shareholders
Basic $ (0.05) $ (0.08)
============= =============
Diluted $ (0.05) $ (0.08)
============= =============
Weighted average number of shares outstanding
Basic 198,370 193,196
============= =============
Diluted 198,370 193,196
============= =============
NutraCea
Consolidated Statements of Cash Flows
Years Ended December 31, 2011 and 2010
(in thousands)
2011 2010
---------- ----------
Cash flow from operating activities:
Net loss $ (10,875) $ (15,668)
Adjustments to reconcile net loss to net cash used
in operating activities:
Depreciation and amortization 4,980 4,774
Provision for doubtful accounts receivable 162 153
Stock and share-based compensation 1,475 2,141
Impairment of intangibles, property, plant and
equipment 1,592 1,900
Loss on disposal of intangibles, property, plant
and equipment - 943
Recovery from former customer (1,000) -
Settlement with former officer (267) -
Warrant liability expense (income) (332) 349
Deferred tax benefit (345) (935)
Reorganization expenses - 1,033
Other 772 42
Changes in operating assets and liabilities:
Accounts receivable (577) (63)
Inventories 343 334
Other current assets (807) 173
Accounts payable and accrued expenses 517 (1,130)
Pre-petition liabilities (4,790) (552)
---------- ----------
Net cash used in operating activities,
before reorganization items (9,152) (6,506)
---------- ----------
Reorganization items:
Reorganization expenses - (1,033)
Change in accounts payable for reorganization
items - 198
---------- ----------
Net cash used for reorganization items - (835)
---------- ----------
Net cash used in operating activities (9,152) (7,341)
---------- ----------
Cash flows from investing activities:
Receipts on notes receivable 1,100 1,200
Purchases of property, plant and equipment (6,867) (772)
Proceeds from sale of trademarks, property, plant
and equipment - 8,872
Acquisition of additional interests in Rice
Science and Rice Rx (150) -
Restricted cash (200) -
Other (60) (26)
---------- ----------
Net cash provided by (used in) investing
activities (6,177) 9,274
---------- ----------
Cash flows from financing activities:
Proceeds from sale of membership interests in
Nutra SA, net of costs 11,625 -
Proceeds from issuance of warrants and note
conversion feature 506 -
Payments of debt (8,818) (5,716)
Proceeds from issuance of debt 15,056 3,399
---------- ----------
Net cash provided by (used in) financing
activities 18,369 (2,317)
---------- ----------
Effect of exchange rate changes on cash and cash
equivalents (248) (31)
---------- ----------
Net change in cash and cash equivalents 2,792 (415)
Cash and cash equivalents, beginning of year 537 952
---------- ----------
Cash and cash equivalents, end of year $ 3,329 $ 537
========== ==========
Supplemental disclosures:
Cash paid for interest $ 1,551 $ 990
Cash paid for income taxes - 6
Investor Contact:
Alliance Advisors, LLC
Alan Sheinwald
President & Founder
(914) 669-0222
Email Contact
Source: NutraCea
DEL MAR, Calif. , April 2, 2012 (GLOBE NEWSWIRE) -- American Diversified Holdings Corporation (Pink Sheets:ADHC) www.americandiversifiedholdings.com - Rebel Networks, www.rebelnetworks.com the Toronto, Ontario based subsidiary of ADHC cloud computing provider today announced that it plans to enhance its cloud based application offering to small and medium size companies. The Company has developed Business Cloud Box, which will enable small businesses to manage all their cloud products into a seamless single control panel.
Rebel Networks also stated that this is part of the cloud computing plan that has been in works for some time. Domenic Macchione , President and CEO, stated – "Rebel Networks can take numerous cloud services and bundle and unbundle them as per customer requirements." Rebel Networks will position itself as a vendor for small and medium businesses to enter into the cloud space with custom tailored solutions.
Domenic Macchione also stated, "Imagine customers today trying to manage all sorts of cloud services such as email, web portals, BlackBerry, mobile apps, storage, etc. from multiple vendors with multiple passwords and logins. Now Business Cloud Box can seamlessly integrate these cloud services into a single control panel and the customer can select which components they need and create custom bundles of services to match their requirements."
Rebel Networks is a leading provider of outsourced Internet infrastructure and related managed web solutions. Rebel Networks services include the provision of managed dedicated servers, unmanaged collocation services, domain names services, reseller hosting & shared web hosting solutions with 100% server uptime for your websites. Visit www.rebelnetworks.com today!
For more information or to schedule an interview, call 1-877-41-REBEL (73235).
In other company news and events, the board and management of ADHC is aware of certain volatility in its share price which occurred on Friday, March 30, 2012 . The management of ADHC has always been of the opinion that its stock was subject of a massive short or oversold position. The management is of the opinion that this huge and unexpected surge in volume and volatility is based upon the recently completed 1 for 1,000 reverse split, and that this corporate action may finally address the oversold / short position. The company has been advised that the effective date for the share split is April 2nd 2012. Subsequently, the new trading symbol "ADHCD" (D added) shall remain in effect for approximately 20 business days and will revert back to the original symbol of ADHC.
The company intends to release news and events on a frequent and timely basis cumulative with this corporate action.
Disclosure
This press release contains forward looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. American Diversified Holdings common stock currently trades on the over-the-counter "Pink Sheets" under the symbol ADHC. This press release in no way constitutes any recommendation regarding the securities of ADHC or its affiliates. Any person reading this press release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of ADHC, and no inference has been made that this release contains all such information.
CONTACT: American Diversified Holdings Corporation
ir@americandiversifiedholdings.com
Source: American Diversified Holdings Corporation
BARRINGTON, ILLINOIS -- (Marketwire) -- 04/02/12 -- EcoloCap (OTCBB: ECOS) has received a formal communication from Fuel Emulsions Inc. to both renew its commitment to the agreement with EcoloCap, inform of the progress made in securing orders for the EcoloCap Emulsion units and proprietary additive, and inform that it is in the last stage of finalizing its infrastructure and putting together all the financing necessary to actualize its aggressive business plan.
In a letter addressed to Michael Siegel , EcoloCap's CEO, Norman Docteroff , President of Fuel Emulsions stated: "FEI currently is devoting significant time and financial resources to establishing its corporate structure, developing its business plan, and enabling due diligence by potential investors. FEI also is investing considerable resources in securing significant purchase commitments from potential buyers for fuel emulsion units and additive. FEI aims to finalize initial investment funds in the shortest period of time."
Stated Michael Siegel , CEO of EcoloCap: "Fuel Emulsion has been working at putting together a very aggressive business plan in the last many months, and so far has obtained commitments for hundreds on our NPU-60 units. We have no doubt about the outcome of our partnership, and are willing to work with FEI to reach the very high goals they have set for us and themselves."
About The Company: EcoloCap Solutions Inc. (OTCBB: ECOS) and its associated company K-MBT Inc. , are focused on technology companies that utilize advanced nanotechnology to design, develop, manufacture and sell alternative energy products. http://www.EcoloCap.com
Forward looking statement:
This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions, and actual events may differ materially. Please refer to documents that EcoloCap Solutions Inc. files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materials from those contained in the forward-looking statements.
Contacts:
Investor Relations:
514-402-2538
nada@capitalsituation.com
EcoloCap Solutions Inc.
866-479-7041
Info@EcoloCap.com
http://www.EcoloCap.com
Source: EcoloCap Solutions Inc.
TROY, Mich. --(BUSINESS WIRE)-- Viper Networks, Inc. (Pink Sheets: VPER), is pleased to announce that in addition to its previously announced resellers agreement with Envirolite Corp , the respective companies have engaged a privately-held, San Diego -based government contracting firm in preparation of filing a GSA application for access to the government marketplace.
Through this evolving relationship with Envirolite, the Company seeks to maximize sales of their remarkable PowerDisc(TM) product throughout the private sector and government agencies at the local, state and federal levels.
The Company anticipates providing application progress updates to announce temporary GSA approval (which allows immediate product sales), the actual GSA application filing, and then ultimately, final GSA approval in the weeks and months ahead.
The General Services Administration (GSA) is the U.S. government's premier procurement agency, which offers some 10,000 green (energy-efficient and eco-friendly) goods and services and helps manage about $500 billion in U.S. federal property, divided among approximately 8,300 owned and leased buildings and other assets.
With 23% of all government expenditures federally manadated to be made with small businesses, becoming a certified vendor for government buyers may prove invaluable. Especially, when you can provide a powerfully unique product that can extend the life of incandescent and halogen bulbs up to 350 watts by a factor of 100 or up to 10 years and save up to 42% in energy use.
There are many advantages to the PowerDisc(TM), which can save time, money and energy, while ensuring health and helping the environment. To learn more, we encourage you to visit www.powerdisc.com.
U.S.-based Envirolite Corporation's trademarked PowerDisc(TM) product is UL tested and listed.
U.S. legislation (2007 Energy Independence & Security Act) mandates that all manufactured incandescent bulbs must be at least 25% more efficient by the following dates and wattages: 100 watt bulbs by October 1, 2012 (extended from 1/1/12); 75 watt bulbs by January 1, 2013 ; and 40 and 60 watt bulbs by January 1, 2014 .
For additional information, please visit www.vipernetworks.com.
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance.
CONTACT: Heritage First Capital
Scott Gibson , 407-444-5959
Source: Viper Networks, Inc.
BAAR, Switzerland , April 2, 2012 /CNW/ - Manas Petroleum Corp. ("Manas") (TSX- V: MNP; OTCBB: MNAP) has filed its annual report on Form 10-K for the year ended December 31, 2011 on EDGAR and on SEDAR. (www.sedar.com or www.sec.gov). The following provides you with a review of some of the highlights:
Highlights 2011
-- Completed seismic program in Mongolia to establish prospect portfolio as
base for drilling campaign 2012
-- Started seismic in Tajikistan with ratification of the PSA outstanding
-- Drilling planning in all ventures started
-- Shell subsidiary farms in to Blocks 2&3 of the Albanian Project
Operations Review
Mongolia
A 2D seismic contract with Sinopec was signed on 12 July 2011 , providing for a firm program consisting of 532 km full fold data and an optional program of up to an additional 1,106 km full fold data. The program consisted of eight phases. A total of 1,311 km full fold data, 615 km in Block XIII and 696 km in Block XIV, was acquired without any incident. On November 25, 2011 we completed the seismic program after having acquired all necessary data to establish a prospect portfolio. We are currently focusing on six areas in an effort to spud the first well by the end of the second quarter of 2012.
Tajikistan
Although ratification of the Production Sharing Agreement ("PSA") is outstanding, we have begun the acquisition of seismic data. A Seismic acquisition contract was signed with Dank ( Kazakhstan ) on June 29, 2011 . During the second half of 2011 we acquired 394.44 km of additional 2D seismic data and started to plan for the first two wells. Ratification of the PSA remains the last hurdle to Santos International Ventures Pty Ltd.'s decision to exercise its farm-in option.
Kyrgyzstan (25% interest in CJSC South Petroleum Company )
A review of the prospect portfolio has begun. The re-evaluation and its documentation have not been finalized yet, but as Kyrgyzstan is part of the overall Fergana strategy, the operation in Kyrgyzstan has to be aligned with the operation in Tajikistan .
Albania (31.7% equity interest in Petromanas Energy Inc. )
Petromanas entered into a farm out agreement with a wholly owned subsidiary of Royal Dutch Shell plc ("Shell"), whereby Shell will farm into the rights of Petromanas on onshore exploration Blocks 2&3 comprising approximately 852,000 acres onshore Albania . Under the terms of the Agreement, Shell will acquire a 50% participating interest in the Blocks 2&3 in exchange for payments and carried costs up to USD $50.3 million . This agreement is subject to customary closing conditions, including the receipt of necessary regulatory and government approvals. Petromanas will continue to act as operator of the Blocks 2&3. Drilling planning for the three commitment wells in 2012 has started; spudding of the first well should be in Q2 2012. More details on www.petromanas.com.
Chile
The divestment of our project in Chile was completed.
Financial Status at year end 2011
Condensed Statement of Operations, USD 2011 2010
---------------------------------------- ------------ ----------
General & Administration 4,383,875 5,191,856
- of which Personnel worldwide 2,258,383 3,700,864
Consulting 976,870 2,263,856
Exploration 4,699,518 1,965,606
Total Operating Expense 10,060,263 9,421,318
---------------------------------------- ------------ ----------
31.7% Shareholding in Petromanas
- Fair Value 29,366,063 72,257,882
- Change in Fair Value (42,891,819) 25,851,061
The increase in our total operating expenses is mainly attributable to higher exploration activities related to our project in Mongolia . Personnel expense and consulting expense mainly decreased due to lower stock-based compensation charges.
The decrease in fair value of Petromanas (TSX-V: PMI) of $42,891,819 is mainly due to the share price decline from CAD 0.40 at the beginning of the year to CAD 0.155 at December 31, 2011 .
Net loss for the twelve-month period ended December 31, 2011 was $(53,015,719) as compared to net income of $74,442,353 for the same period in 2010, when we recorded the initial gain from sale of Manas Adriatic of $57,850,918 and a subsequent increase in fair value of $25,851,061 .
Liquidity and Capital Resources, USD 2011 2010
-------------------------------------- ---------- ----------
Cash and Cash Equivalents 13,629,370 1,736,571
31.7% Shareholding in Petromanas 29,366,063 72,257,882
- Eligible for Resale 16,678,651 9,970,000
Total Shareholders' Equity 41,621,337 71,723,484
-------------------------------------- ---------- ----------
About Manas Petroleum Corp.
Manas Petroleum is an international oil and gas company with primary focus on exploration and development in South-Eastern Europe , Central Asia and Mongolia . In Albania , Manas participates in a 1.7 million acre exploration project through its equity interest in Petromanas Energy Inc. , a Canadian public company. In the Kyrgyz Republic , Manas has signed a US$54 million farm-out agreement with Santos International Holdings Pty Ltd. , a subsidiary of Australia's third largest oil and gas company. In addition to the development of its Kyrgyz Republic project, Santos is developing the company's neighboring Tajikistan license under an option farm out agreement. In Mongolia , Manas owns record title to the two Production Sharing Contracts covering Blocks XIII and XIV through its wholly- owned subsidiary DWM Petroleum AG , but 26% of the beneficial ownership interest in these blocks is held in trust for others.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Roger Jenny
Corporate Secretary
Manas Petroleum Corp.
Bahnofstr. 9, P.O. Box 155
CH-6341 Baar, Switzerland
Phone: +41 44 718 1030
Fax: +41 44 718 1039
Email: info@manaspete.com
Web: www.manaspete.com
Cautionary Note:
Information provided in this Press Release pertaining to the exploration projects in the Kyrgyz Republic and Albania has been provided to Manas Petroleum Corporation by the operators of those projects, with which Manas Petroleum deals at arms length, and is included in this Press Release in an effort to share that information with the public. Although Manas Petroleum has no reason to doubt the accuracy of this information, it expressly disclaims responsibility therefor and makes no representation or warranty that it is complete or correct.
Forward-Looking Statement Disclaimer
This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts" , "plans", "future", "strategy", or words of similar meaning. Forward-looking statements in this press release include statements about Manas' effort to spud the first well in Mongolia by the end of the second quarter of 2012, its expectation that ratification of the PSA in Tajikistan remains the last hurdle to Santos' decision to exercise its farm-in option, and its expectation that the first well in Albania should be spudded in Q2 2012. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect current judgment regarding the direction of Manas' business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks presented by the market price and volume of trading in shares of Petromanas Energy Inc. , field conditions and the risks described in Manas' periodic disclosure documents filed on SEDAR and EDGAR, copies of which are also available on the company's website at www.manaspetroleum.com. Any of these risks could cause Manas' or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Except as required by applicable law, including the securities laws of the United States and Canada , Manas does not intend to update any of the forward-looking statements to conform these statements to actual results.
SOURCE Manas Petroleum Corp.
/CONTACT: http://www.petromanas.com
Copyright CNW Group 2012
(END) Dow Jones Newswires
04-02-12 0724ET
AUSTIN, Texas --(BUSINESS WIRE)-- March 26, 2012 --
eDoorways International Corporation (Pink Sheets: EDWY) announced today that the astounding connector Peter Strople has joined the Company as a business development and financial consultant. "Peter is truly an incredible individual," stated Gary Kimmons , CEO of eDoorways International Corporation . "The Friend's of Peter website says it all. Peter is not only friends with some of the most powerful people in the world; he is genuinely a nice and committed individual."
Regarded as one of the most connected men in North American business, Peter is the founder and chairman of Zero2, his strategic advisory firm. Peter sits on the boards of numerous prominent organizations including the Texas School for the Deaf Foundation , Enzoology, Xemble Technology and was a former director at Dell, Inc. "My life's passion is to promote change for children, giving a voice to those who may not have one," stated Peter. "With eDoorways and Learning Research , I'm confident we will revolutionize the way online learning and education is accomplished."
"With Peter, Instant Change isn't just a slogan," said Dr. Bob Wesson , CEO of Learning Research Inc. "He might ask you who your most valuable customer would be; you reply wistfully, 'If only we could sell to Wal-Mart ...', and in a minute he's got the CEO of Wal-Mart on the phone for you. It's how Aladdin must have felt."
For more information on eDoorways International Corporation and/or the " eDoorways 2.0 platform," please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
CONTACT: Heritage Corporate Services, Inc.
Jeffrey Staller , President,
561-210-5675
www.HeritageIR.com
SOURCE: eDoorways International Corporation Copyright Business Wire 2012
(END) Dow Jones Newswires
03-26-12 0847ET
MISSION VIEJO, Calif. , April 2, 2012 /PRNewswire/ -- 5BARz International Inc. (OTCBB: BARZ), (Boerse-Berlin: O5B), (www.5BARz.com) (hereafter "5BARz" or the "Company") and Cellynx Group, Inc. (OTCBB: "CYNX")(hereafter " Cellynx ") announce that on March 28, 2012 , 5BARz International Inc. has acquired a 60% controlling interest in Cellynx Group, Inc.
5BARz International Inc. completed the acquisition of Cellynx Group, Inc. shares pursuant to a January 7, 2011 agreement with the founding shareholders of Cellynx. In addition, the Company converted certain debts provided to Cellynx Group, Inc. into share capital.
Over the past several years the Companies operated under a set of agreements, comprised of an Asset Purchase Agreement, Revolving Line of Credit Agreement and a Master Global Marketing and Distribution Agreement. These agreements have been amended (see 8K filed at www.sec.gov), to finalize asset ownership, define operating parameters, and address the funding of the Cellynx net liability position.
Mr. Daniel Bland , President and CEO of 5BARz International Inc. , states, "The Management and Directors of both 5BARz International Inc. and Cellynx Group, Inc. consider the actions that we have taken in consolidating the operations of these two entities to be a substantive business development that will streamline the business of the Companies. In our opinion, this consolidation of ownership and objectives will serve to accelerate the global deployment of the 5BARz technology as we continue to implement our business plan with the main goal of increasing shareholder value."
About 5BARz International Inc.
5BARz International Inc. along with its consolidated subsidiaries are in the process of developing the global commercialization of a patented product technology branded under the name 5BARz™.
5BARz™ is a cellular network infrastructure device for use in the small office, home and mobile market places. 5BARz™ incorporates a patented technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity.
5BARz International Inc. 's shares are publicly traded on the OTCBB under the ticker symbol BARZ in the US and on the Berlin Stock Exchange (www.boerse-berlin.com) under symbol "O5B.")
Cellynx Group, Inc. shares are publicly traded on the OTCBB under the ticker symbol "CYNX".
On behalf of the Board of Directors
"Mr. Daniel Bland " CEO & Director
5BARz International Inc.
"Mr. Norm Collins " CEO & Director
Cellynx Group, Inc.
Legal Notice Regarding Forward-Looking Statements The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward -- looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward -- looking statements whether as a result of new information, future events or otherwise.
Contact: Parkside Communications Inc. Phone: 1-877-798-4165 IR@5BARz.com
SOURCE 5BARz International Inc.
For Whom The Bell Tolls!!!!
Folks This is a Dont Miss Sunday Night!!
$AFPW & $AGCZ Exlusive CEO Interviews by none other than the soon-to-be infamous StockTradersTalk Radio THIS SUNDAY NIGHT!!!...starting off with $AFPW at 7pmEST, and topping it off with $AGCZ at 8pmEST, STT Radio brings the information all need to know NOW about these companies...a fantastic Sunday night!!...
Listen In The NEW IHUB AUDITORIUM!!! http://investorshub.advfn.com/boards/auditorium.aspx ... OR At Our Live STT Page http://stocktraderstalk.com/live ... OR At Blogtalk http://www.blogtalkradio.com/stocktraderstalk ... LIVE Call-In (347)-215-7181
BTZO So what exactly do we do?
We provide an applications network for developers and consumers of mobile applications, and we work with those developers to dramatically improve their marketing reach, sales conversions, revenues and bottom line profits.
So if you’re a mobile applications developer and you want to lower the cost to develop and deploy applications (across multiple platforms), improve the marketing reach of these applications and as a result, increase the sales and conversion rates of these apps through marketing intelligence and personalized cross-selling and reach, then join us at Bitzio. Because this is what we do and what we do best.
SCOTTSDALE, AZ -- (Marketwire) -- 03/28/12 -- AER Energy Resources, Inc. (PINKSHEETS: AERN) announced today it has successfully signed a Letter of Intent to further expand its used motor oil (UMO) brokerage services to include oil from recycled oil filter disposal services presently provided by USA Recycling Industries, Inc. (PINKSHEETS: USRI). USA Recycling is an owner, operator and licensor of specialty recycling service centers, a recyclable waste collector and disposal service provider to commercial customers throughout North America .
The agreement provides for AER Energy Resources to broker UMO recycled from used oil filters through an environmentally efficient collection & disposal process provided by USA Recycling within the automotive service center market place.
Mr. Stanley F. Wilson , President and CEO of AER Energy Resources, Inc. , commented, "The contract anticipates the addition of tens of thousands of new customer locations throughout the continental United States including, but not limited to, existing UMO collection locations at General Motors , Ford, Chrysler , Toyota and Volkswagen dealerships as well as brand name nationwide auto rental car companies. This new oil filter recycling business also includes numerous customers throughout the manufacturing, mining and other industrial sectors," Wilson said.
USA Recycling Industries CEO Vincent J. Smith stated, "The Agreement with AER Energy Resources allows our automotive service center customers with an ecologically friendly process to dispose of many types of oil filters, keeping landfills free of debris, while providing extracted commodities to end-user-consumers at profitable levels."
AER Energy expects to add up to $2,000,000 in additional annual revenues as a result of this new oil filter brokerage agreement.
About AER Energy Resources, Inc
AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution.
About USA Recycling Industries, Inc
USA Recycling Industries, Inc formerly known as Voyager Petroleum, Inc. (www.usarecyclingindustriesinc.com) engages in the business as an owner, operator and licensor of specialty recycling services centers which do business under the USA Recycling ® service mark and various other service marks. The Company has a system of operation and method of doing business relating to the collection of recyclable materials, i.e. scrap metals, used tires, used motor oil, used batteries and provides disposal services for other auto-related waste streams generated by the automotive service center industry and sells the recyclable waste to end-user-consumers and/or in some cases charges a disposal fee for certain waste-related services. A USA Recycling ® specialty service center collects, sells and provides disposal services in connection with automotive waste materials, which include by not limited to ferrous scrap metals, non-ferrous scrap metals, used tires, used motor oil, batteries and other auto-related waste streams from underserved sectors within the automotive service center industry. The Company has successfully developed working relationships across the steel production, tire recycling, used motor oil re-refinery and battery production industries. The Company has several contracts with end-user-consumers, who purchase a variety of auto-related recyclable waste materials, in 19 countries including the Continental United States. USA Recycling ® is currently selling its auto-related waste materials both domestically and internationally through its trading operations with offices in North America , India and the United Arab Emirates .
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Source: AER Energy Resources, Inc.
GRNE CEO on Facebook ~
Saddle-Up!!
* 2 FaceBook Messages
GRNE might be the next .000s runner ~
GRNE loaded 2M at .0005 my newest position
SALT LAKE CITY , March 27, 2012 /PRNewswire/ -- Capital Financial Global, Inc. (OTC:CFGX), announced today that laboratory results of six samples of head ore taken from its distressed St. Louis Mine tested positive for the presence of gold.
________________________
|Sample ID|Gold in Oz/Ton|
|_________|______________|
|#1 | 0.01 |
|_________|______________|
|#2 |0.18 |
|_________|______________|
|#3 |0.12 |
|_________|______________|
|#4 |0.1 |
|_________|______________|
|#5 |0.1 |
|_________|______________|
|#6 |0.9 |
|_________|______________|
"Together with our fire assays and lab tests done in 1992 and the Mineral Land Assessment (MLA) studies done in 1988 for adjacent mines, these latest test results now make us extremely confident that our St. Louis Mine does have gold in it," said Mr. Paul Norat , CEO of Capital Financial Global , Inc.
"Now that we have at least three independent sources of verification, we will now turn our attention toward finding the right mining strategy and raising the needed funds to bring this mine back into production," said Mr. Norat.
The St. Louis mine is comprised of 85.5 acres near Searchlight, Nevada , containing five patented lode mining claims. For more information about the mine please visit our "Investor Center" at http://www.capfiglobal.com/investor-center/projects.
For additional information, please contact our Investor Relations department toll free at 888-801-9715 or by emailing ir@capfiglobal.com.
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance company that, unlike traditional banks, helps organizations obtain needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and by converting distressed collateral into cash or trade-able form. The company is publicly traded on the OTC Markets trading system under the symbol "CFGX".
Our Business Model
The Company makes money by originating new loans, buying and selling existing loans, and by converting distressed collateral into cash or trade-able form.
Market Segments
The market segments the Company operates in are: insurance trusts and pension funds, residential & commercial real estate, precious metals, and investment grade government securities. The Company will also aggressively pursue any other opportunities that fall within its overall strategy.
Forward-looking statements:
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
For more information please contact:
Capital Financial Global, Inc. Investor Relations Tel: 888-801-9715 Email: ir@capfiglobal.com www.capfiglobal.com
SOURCE Capital Financial Global, Inc.
IDVC .0065X.0073 Merger in the works, happening now.
EVPH looks ready to go....
CEO INTERVIEWS:
StockTradersTalk Radio Exclusive CEO Interviews with Paul Normand (aka: Mad Scientist) of WorldWide Wireless, Inc.
Part One: (Very Good Information a Must Listen)
http://ih.advfn.com/videos/market-commentary/stt-radio-evph-ceo-interview-03-21-2012_SDwYKStjoQU
Part Two: (UNREAL INFO!! EVEN BETTER THAN THE FIRST IMO!!)
http://ih.advfn.com/videos/market-commentary/stt-radio-evph-ceo-interview-pt2-03-25-2012_akz7lc_ILIU
CROWN POINT, Ind. , March 23, 2012 /PRNewswire/ -- Positron Corporation (OTCBB: POSC), a leading molecular imaging healthcare company, specializing in the field of nuclear cardiology announces the approval of their Nuclear Regulatory Commission (NRC) manufacturing and distribution license amendment for the Company's radiopharmaceutical manufacturing facility in Crown Point, Indiana .
Positron received its pharmacy license from the Indiana Board of Pharmacy in December 2011 , which served as a precursor to the NRC amendment and recent approval, allowing Positron to manufacture and distribute radiochemicals and radiopharmaceuticals throughout the United States . The Company is currently producing Indium 111 Oxyquinoline for customer evaluation and commercial sale with plans to process additional radioisotopes for medical use.
"This NRC approval completes the mandatory requirements qualifying our Crown Point site as a fully licensed and operational radiochemical manufacturing facility," states Scott Stiffler , Positron's Vice President of Pharmaceuticals. "The capabilities at the Crown Point facility will play a vital role in Positron's expansion into radiopharmaceutical and radiochemical production and further development of products relevant to our full solution strategy. We expect sales of Indium Oxyquinoline to commence in the coming quarter."
About Positron: Positron Corporation is a leading molecular imaging healthcare company providing innovative nuclear medicine technologies and solutions that are reshaping the field of nuclear cardiology. Through proprietary PET imaging systems, services and radiopharmaceutical solutions, Positron enables healthcare providers to more accurately diagnose disease and improve patient outcomes while practicing cost effective medicine. Positron has gained significant traction in a diverse industry and continues their strong commitment to excellence and advancing cardiac imaging solutions. More information about Positron is available at www.positron.com.
Forward Looking Statements: Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Positron Corporation to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Positron assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission .
SOURCE Positron Corporation
BELIZE CITY, BELIZE -- (MARKET WIRE) -- 03/23/12 -- Direct Global Media gives shareholders valuable insight on their feature Technology Company , NEO Media Inc . (PINKSHEETS: NEOM) (OTCQB: NEOM) (FRANKFURT: NEOM). Sign-up for Direct Global Media's Free Research reports and newsletter at http://www.directglobalmedia.com/free-newsletter-sign-up-here
ABOUT NEO Media Inc
Today, the world is mobile and NEO Media is at the forefront of the industry!
NEO Media Technologies, Inc. is the global market leader in 2D mobile barcode technology and infrastructure solutions that enable the mobile barcode ecosystem world-wide. Its technology platform transforms mobile devices with cameras into barcode scanners, enabling a range of practical and engaging applications including consumer oriented advertising, mobile ticketing and couponing, and business-to-business commercial track and trace solutions.
NEO Media's suite of products, services and extensive IP portfolio means it is the only provider able to offer customers a comprehensive end-to-end mobile code solution. NEO Media's current customers include handset manufacturers, platform providers and brands and agencies looking to offer pioneering mobile barcode solutions to their customer base
NEO Media's product portfolio includes: mobile barcode management & infrastructure solutions, barcode reader solutions, mobile couponing, mobile ticketing & POS integration and IP licensing. Learn more at www.neom.com or visit us at one of the following online destinations:
LinkedIn : http://www.linkedin.com/company/neomedia-technologies Twitter: http://twitter.com/neomediainc
DOWNLOAD THE FREE REPORT AT
http://www.directglobalmedia.com/neo-media-inc-research-report/
DISCLAIMER: DirectGlobalMedia profiles are not a solicitation or recommendation to buy, sell or hold securities and are not offering securities for sale. Verify all claims and do your own due diligence. DirectGlobalMedia did not receive any advertising compensation for NEOM. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved.
Add to Digg Bookmark with del.icio.us Add to Newsvine
For additional information on this report contact:
Maxwell Gordon
7 New Road
Belize City, Belize
647-922-7508
Website: http://www.directglobalmedia.com
Email: Email Contact
Twitter: http://www.twitter.com/directglobalmed
Source: Direct Global Media
NEW YORK, NY -- (MARKET WIRE) -- 03/23/12 -- According to the American Petroleum Institute (API), more than 600 million gallons of motor oil is purchased each year. Joseph Franceschi , an engineer at Universal Lubricants believes the proven technology "reduces imported oil," with less energy expended than refining a product from "virgin" crude oil. Current estimates are that it takes 42 gallons of crude oil, but only 1 gallon of used oil, to produce 2.5 quarts of new, high-quality lubricating oil.
It is estimated that one gallon of used motor oil improperly disposed of may contaminate 1 million gallons of fresh water -- enough to supply 50 people with drinking water for one year. One pint of used motor oil improperly disposed of can create a one-acre slick on the surface of a body of water and kill floating aquatic organisms.
More companies are focusing on using motor oil for reconditioning and repurposing. Valvoline (ASH), has launched NextGen, a "green" motor oil made with 50% recycled oil, AER Energy (PINKSHEETS: AERN) brokers used motor oil from over 4,000 automotive service centers for recycling, and Universal Lubricants has a recently built a 12 million gallon re-refinery in Kansas to transform discarded oil into a viable, cleaner product.
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid Century Market Research twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.
Century Market Research
Email Contact
Source: Century Market Research
Ill take a look...good luck...
DLP
***** DRRX... buying .78 vol coming in gapper!!
TULSA, Okla. , March 22, 2012 /PRNewswire/ -- CAVU Resources, Inc. ("CAVU"), which trades as OTC:CAVR.PK, announced today that it won a bid to clean up the recently closed state of the art Saltwater Disposal facility in Greenbrier, Arkansas and that CAVU also won the bid for the approximately $1.3 million in operating equipment. To meet State and Federal EPA compliance rules the facility had to be cleaned and have all hazards removed. CAVU bid $144,000 to the federal bankruptcy courts and won the bid.
The removal of the hazardous fluids has been completed and all of the equipment cleaned and removed for shipment back to Oklahoma. CAVU has had personnel on site for the last two weeks and the first shipments of equipment are headed for Oklahoma. CAVU has recently expanded its existing facilities at the Chisholm Lease in Pauls Valley, Oklahoma , where the 50,000 barrel a day FILO SWDW #1 disposal well is under construction. CAVU plans to incorporate some of the acquired equipment into its existing operating system and to immediately have the capabilities to process up to 25,000 barrels a day until the New Facility is completed. This will allow commercial operations and revenue to begin immediately upon completion of the FILO Saltwater Disposal well, increasing operations to the full capacity of 50,000 barrels a day once the state of the art new facility is completed.
"Winning the recent bid to clean the site allowed us to accelerate the moving of the equipment back to Oklahoma. This project also helped us to build good relations with the environmental authorities for any future business in Arkansas . Opportunities like these continue to add to our growing revenues, supporting our efforts to seek conventional funding for our existing projects moving forward eliminating the need to sell equity to fund them," stated William Robinson , CEO of CAVU Resources, Inc.
About CAVU Resources, Inc.
During World War II, Navy fighter pilots would look up at the sky and if it was a "CAVU" day then it meant ceiling and visibility unlimited. The pilots believed they would have unobstructed flying allowing them to see their targets quicker, identify the obstacles they needed to overcome, giving them a greater chance of success. The founders of CAVU Resources, Inc. chose the name CAVU because they believe that the company will be the embodiment of its name.
CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas , Colorado , Montana and Texas . The Company has acquired leases and is currently exploring additional opportunities in oil and gas leases.
CAVU's operating subsidiary, CAVU Energy Services, Inc. , licensed Oil and Gas Operating Company manages the company's properties in Oklahoma and plans to operate targeted leases in Kansas , Colorado , Montana and Texas . The company will utilize its own operating equipment and with strategic partners provide contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in technology, waste disposal, Geo-Thermal, solar and wind, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at http://www.cavu-resources.com.
Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Contacts:
Specialty Situations Investor Relations Tel: 973-507-6199
CAVU Resources, Inc. Desai V. Robinson , Director of Public Relations 5147 South Harvard Ave , STE 138 Tulsa, OK 74135 Email:
info@cavu-resources.com Website:
www.cavu-resources.com Tel: 504-722-7402
SOURCE CAVU Resources, Inc.
NEW YORK, NY -- (MARKET WIRE) -- 03/22/12 -- Medical device and technology stocks have performed admirably in 2012. Year to date, the iShares Dow Jones U.S. Medical Devices Index Fund is up more than 15 percent. While investor sentiment appears positive at the moment, politicians and consumers are calling for greater oversight into the industry. Moreover, a medical device tax, which became law nearly 2 years ago as part of the Patient Protection & Affordable Care Act, is set to go into effect on January 1, 2013 . The Paragon Report examines the outlook for companies in the Medical Equipment & Supplies industry and provides equity research on Solos Endoscopy Inc. (PINKSHEETS: SNDY) and Opko Health Inc. (NYSE Amex: OPK). Access to the full company reports can be found at: www.paragonreport.com/SNDY www.paragonreport.com/OPK
A recent Consumer Reports poll shows overwhelming public support for strong medical device safety oversight. The poll was released as House and Senate Committees have issued draft legislation to reauthorize the statute governing medical devices and at a time when the FDA's process for reviewing new implants has come under increased criticism. The House Energy and Commerce Health Subcommittee's draft bill would weaken device safety oversight and should be rejected by Congress , according to Consumers Union , the policy and advocacy arm of Consumer Reports.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Medical Equipment & Supplies industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.
Most medical devices don't require proof that they have been clinically tested and found to be safe and effective before they are cleared for distribution or sale by the Food and Drug Administration .
While much of the House calls for less oversight, a bipartisan foursome has crafted a Senate bill that would arm the FDA for stronger oversight of medical devices while also pushing it into action. The legislation would require the agency to issue a final Unique Device Identifier (UDI) rule by the end of 2012 and add medical devices to the FDA's Sentinel postmarket surveillance initiative.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer
Add to Digg Bookmark with del.icio.us Add to Newsvine
Source: Paragon Financial Limited
ADHC nice closed above .001, my 7M shares looks nice now GO ADHC!
CLICK HERE TO FOLLOW OUR BOARD
W = Won
L = Lost
H = Holding
Started :3/25/2011 2:09:35 AM
# | Symbol | Buy | Sell | Result | Percentage | Month |
1 | SHOM | .0075 | .0375 | W | +400% | March |
2 | IVME | .005 | .004 | L | - 20% | March |
3 | BRZL | .01 | .014 | W | + 40% | March |
4 | SHOEQ | .004 | .009 | W | +125% | March |
5 | QSGIQ | .205 | .28 | W | +36% | March |
4 | RAMO | .048 | .039 | L | -23% | March |
7 | TMSH | .15 | .14 | L | -6% | March |
1 | ECOS | .0389 | .038 | L | - 2% | April |
2 | LHPT | .0013 | .0017 | W | +31% | April |
3 | UNGS | .011 | .008 | L | -38% | April |
4 | SAVW | .0025 | .0036 | W | +44% | April |
5 | USFM | .01 | .0425 | W | +325% | April |
6 | ADSV | .002 | .0038Á | W | +90% | April |
7 | NHYT | .006 | .006 | - | - | April |
8 | FOFU | Á.15 | .161 | W | +7% | April |
9 | IHSN | .01 | Á.014 | W | +40% | April |
10 | DIII | .002 | .0013 | L | -35% | April |
11 | ABPR | .0071 | .015 | W | +110% | April |
12 | TECA | .0003 | .0009 | W | +200% | April |
13 | WSRA | .015 | .016 | W | +6% | April |
14 | LTUM | 1.06 | 1.89 | W | +79% | April |
15 | LTUM | .89 | .75 | L | -19% | April |
1 | THMRQ | .027 | .025 | L | -7% | May |
2 | CVSL | .0055 | .008 | W | +45% | May |
3 | BCCI | .042 | .131 | W | +211% | May |
4 | RLTR | .006 | .0095 | W | +58% | May |
5 | VPRS | .06 | .098 | W | +61% | May |
6 | FBCD | .049 | .0435 | L | -11% | May |
7 | CVSL | .0105 | .0139 | W | +32% | May |
8 | PHAR | .032 | Á | H | ♦ | May |
9 | NVLX | .036 | .06 | W | +39% | May |
10 | VUQO | .22 | .16 | H | -27% | May |
11 | SLMU | .1001 | .12 | W | +19% | May |
12 | FBCD | .0645 | .097 | W | +51% | May |
13 | TYTN | .004 | .0036 | L | -10% | May |
14 | - | - | - | May | ||
15 | PVSP | .025 | .068 | W | +172% | May |
16 | PCIO | .015 | .02 | W | +33% | May |
17 | JAMN | 1.05 | 1.26 | W | +20% | May |
18 | PVSP | .0501 | .085 | W | +68% | May |
19 | RAMO | .044 | .054 | W | +23% | May |
20 | CCME | 4.59 | 4.00 | L | -12% | May |
21 | FBCD | .042 | .051 | H | +21% | May |
22 | ADHC | .0016 | .0033 | W | +106% | May |
23 | TTDZ | .01 | .008 | H | -20% | May |
24 | NEGS | .001 | H | ♦ | May | |
25 | COWI | .0008 | H | ♦ | May | |
26 | PVSP | .085 | H | Á | May | |
27 | VLCO | .0249 | .041 | W | +64% | May |
28 | SPFM | .0004 | .00045 | W | +12% | May |
29 | STHG | .0043 | .0046 | W | +6% | May |
30 | MCET | .012 | .021 | W | +75% | May |
31 | MCET | .0146 | .0122 | L | -16% | May |
32 | RPPR | .0021 | .0017 | L | -20% | May |
March +552%
April +838%
May +963%
# | Symbol | Buy | Sell | Result | Percentage | Month |
1 | WAMUQ | .1499 | .157 | W | +5% | June |
2 | WTWO | .0055 | .0057 | W | +3% | June |
3 | LEHMQ | .057 | .086 | W | +51% | June |
4 | RGIN | .20 | .25 | W | +25% | June |
5 | LEHMQ | .0765 | .07 | L | -9% | June |
6 | TIVU | .0155 | .017 | W | +9% | June |
7 | GARB | .0026 | .0038 | W | +46% | June |
8 | MTPR | .0065 | .006 | L | -9% | June |
9 | EMXC | .0008 | .0007 | L | -12% | June |
10 | SFIO | .035 | .033 | L | -5% | June |
11 | BCCI | .242 | .22 | L | -8% | June |
12 | HFBG | .0002 | H | June | ||
13 | JCOF | .6501 | .906 | W | +38% | June |
14 | BMSPF | .05 | .044 | L | -12% | June |
15 | GLER | .0054 | .0043 | L | -16% | June |
16 | MSOA | .0069 | .0139 | W | +101% | June |
17 | MSOA | .0205 | .0172 | L | -16% | June |
18 | ALSC | .58 | .35 | L | -40% | June |
19 | KGRI | .0014 | H | June | ||
20 | NISC | .07 | .052 | L | -25% | June |
21 | NRPI | .0013 | June | |||
22 | SDTH | .67 | .77 | W | +12% | June |
23 | BBDA | .0079 | .016 | W | +101% | June |
24 | TSTRQ | .0105 | .03 | W | +288% | June |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |