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Initial order for six buildings delivered to the U.S. Marine Corps...
http://www.leepinc.com/news/2011/5/3/leep-inc--delivers-first-us-marine-corps-installation-order.aspx
Initial order means more to come... IMO
LOUISVILLE, Ky.--(BUSINESS WIRE)-- LEEP, Inc. (OTCPK: LPPI) announced today the company recently fulfilled an order for eight more LeepCoreTM Mail Screening Facility (MSF) units for delivery in Africa, Afghanistan, and Europe. This brings the total number of MSF units delivered under the March 2010 contract to 28. The four-year contract has a potential total of 150 units and $6,000,000. An order for eight additional units is pending, with more orders in the pipeline.
The LeepCoreTM MSF units, deployed to strategic international locations have, without exception, performed well and received high praise. LEEP MSF deployments include areas of unrest around the world such as Africa and Afghanistan. As a result of this positive exposure, LEEP has now shipped an additional 25 MSF units independent from the March 2010 contract, for the U.S. Government and Government contractors.
LOUISVILLE, Ky.--(BUSINESS WIRE)-- LEEP, Inc. (OTCPK:LPPI) announced that it has received and fulfilled a purchase order for use by an icon in the U.S. automobile industry. The purchase order, for two structures integral to the General Motors assembly process, represents the initial penetration into this industry for LEEP, Inc.
A customer spokesperson indicated, “The incorporation of LeepCoreTM structural panels into the designs for these two buildings was extremely straightforward. The LeepCoreTM Kit Buildings delivered to our Detroit facility were ready to construct. These two buildings provide strong and secure enclosures for housing active processes critical to General Motors’ manufacturing capabilities.”
He added, “We chose the LeepCoreTM panels to build these facilities because of the savings we anticipated, both in material fabrication cost and time. Those savings were not only realized, but exceeded. As a result of the smooth facility assembly and savings realized, we look forward to additional use of LeepCoreTM panels for forthcoming applications.”
A spokesperson from LEEP, Inc. stated, “The structural integrity and durability of the LeepCoreTM panels played a significant role in the selection of LEEP, Inc. to supply these buildings. We provided multiple samples of the LeepCoreTM panel to the customer, who subjected them to rigorous testing at their own facilities prior to selecting LeepCoreTM for this project. We are extremely pleased this initial project has established LeepCoreTM as a suitable high quality product for these applications, as well as provided the cost and time savings our customer desired. We look forward to additional projects for this customer and other customers in the automotive industry.”
LEEP Passes Critical FL Review
LEEP, Inc. Passes Critical Product Review in Florida
Jan 23, 2008
LeepCore(TM) panels comply with revised 2007 certification requirements
MONTOURSVILLE, Pa., Jan. 23 /PRNewswire-FirstCall/ -- LEEP, Inc.(Pink Sheets: LPPI) said today that its patented LeepCore(TM) Structural Insulated Panel had passed a critical review of the panel's performance criteria in the State of Florida. The review by a certified professional engineering firm licensed in the State of Florida certified " ... that the components manufactured in accordance with this report comply with the applicable sections of the following Code(s) and Standard(s): Florida Building Code 2004 with 2006 and 2007 supplements." The report adds that the panels are certified for exterior and internal walls, floors and roofs. These data are being submitted to the State of Florida by LEEP, Inc. to obtain a current product approval code for construction in the State of Florida. John
Nordstrom, CEO, said, "This product certification by a respected, professional licensed engineering firm in the State of Florida is important to us because, without this certification, we would be unable to accept additional orders for a variety of construction projects in Florida, including additional school classroom buildings and manufactured modular housing."
LeepCore(TM) panels have already been used to construct five school classroom buildings near Jacksonville, Florida in 2005 under previous certifications, which had since lapsed. The school classrooms built using LeepCore(TM) in 2005 have received very positive reviews from teachers, students and administrators in Baker County, especially in terms of substantially lower energy costs, maintenance costs, and improved sound insulation between classrooms. Just as important, classroom buildings are ready for occupancy in a fraction of the time compared to traditional
construction methods.
For more information visit: www.leepinc.com
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements regarding future events that involve risks and uncertainties that could cause actual results to differ materially. The Company assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. We refer you to the documents that LEEP, Inc. files from time to time with the Securities and Exchange Commission which contain additional important factors that could cause its actual results to differ from its current expectations and from the forward-looking statements contained in this press release.
Disclaimer: The mCompany is late in its SEC filings. Management is in the process of bringing the Company's SEC reporting status current. SOURCE LEEP, Inc.
John Williams, +1-604-495-1766, for LEEP, Inc.
http://www.reuters.com/article/pressRelease/idUS267882+23-Jan-2008+PRN20080123
LeepCore Classrooms
At the start of this new school year, 40 classrooms full of students in Baker County Florida will experience the first LeepCore constructed classroom buildings. Each of these buildings contain eight classrooms. As of mid-August, two of the buildings were complete with the other three scheduled for completion over the next six weeks. The buildings are constructed with LeepCore™ structural walls and roofs. The project has been a unique experience for the contractors and the school district and has gathered many interested spectators. The structural properties of LeepCore™ along with its many other attributes have brought many compliments to all involved.
The product offers advanced benefits, including: cost-effective design and reduced timeframes to construct floors, roofs and frameless, load-bearing, free-standing walls. LeepCore™ is a lightweight structural building material that is fire, mold, water, dry rot, corrosion, and termite resistant. The product supports high-wind and earthquake resistant building designs and standards. Additionally, thermal insulation properties exceed building industry standards. Target markets for LeepCore™ include: site-built and modular classrooms, commercial buildings and housing projects.
While the overall look and feel of the buildings have drawn a lot of attention, it is the very short time it has taken to erect the buildings that has gained the most attention. The first two building were completed, from the time the foundation was poured until students were in the building, in just over four months.
These LeepCore classroom buildings are the first to be completed in Florida. Additional classroom building projects are at the proposal stage and LEEP is looking forward to many more LeepCore classrooms under construction in the pursuing months.
http://home.nestor.minsk.by/build/news/2005/08/3105.html
LEEP, Inc. Receives Significant Purchase Order
January 8, 2008
LEEP to provide patented structural insulated panels, engineering and manufacturing expertise -
MONTOURSVILLE, Pa., Jan. 8 /PRNewswire-FirstCall/ -- LEEP, Inc. (Pink Sheets: LPPI.PK), announced that the company has received an initial order from Quick Quarters Kentucky, Inc., for its patented LeepCore(TM) structural insulated (R-25) panels, to build five mail screening facilities in Quick Quarters' Kentucky-based manufacturing plant. The completed units will be shipped overseas to five Government locations to screen incoming mail for potential safety hazards. Production will begin in January and completed units are expected to ship during the first quarter of 2008 with additional follow-on orders expected in 2008.
John Nordstrom, CEO of LEEP, Inc. said, "We are extremely pleased to be able to bring this first order with Quick Quarters to reality. We have been working on this and other specific, identified opportunities in conjunction with Quick Quarters since mid-2007, and feel this first step will be a catalyst to generating more business for both companies in both the near and longer term future. LEEP, Inc. re-engineered the mail screening facilities to be constructed of LeepCore(TM), which will provide a stronger, better insulated, and lighter weight facility than was previously used by the customer, that can be used world-wide. The integration of LeepCore(TM) for this use is a significant milestone, as it will give our product additional exposure for a multitude of both government and private sector uses. We are very enthused about the potential for this type of use for LeepCore(TM) panels." LEEP, Inc. will also manage and oversee construction of the units, utilizing the physical plant in Kentucky.
About LEEP, Inc.
LEEP, Inc. (Pink Sheets: LPPI.PK) has established new standards of efficiency, effectiveness and value within the construction industry with its patented LeepCore(TM) structural building material. LeepCore(TM) constructed buildings are stronger, lighter, faster to erect, environmentally clean and more cost effective than building structures built with traditional wood, concrete and steel building materials. The Company operates a 33,000 square foot manufacturing plant in eastern Pennsylvania.
For more information visit http://www.Leepinc.com
The "LEEP" name and logo, LeepCore(TM), trademarks, and service marks are the property of LEEP, Inc.
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements regarding future events that involve risks and uncertainties that could cause actual results to differ materially. The Company assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. We refer you to the documents that LEEP, Inc. files from time to time with the Securities and Exchange Commission which contain additional important factors that could cause its actual results to differ from its current expectations and from the forward-looking statements contained in this press release. Disclaimer: The Company is late in its SEC filings. Management is in the process of bringing the Company's SEC reporting status current.
Newswire
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PR&Date=20080108&ID=8006258&Symbol=LPPI
LEEP PRODUCTS FOR HURICANE AREAS
CSU FORECAST TEAM UPS EARLIER PREDICTION, CALLS FOR ‘VERY ACTIVE’ 2007 HURRICANE SEASON
The U.S. Atlantic basin will likely experience a very active hurricane season, the Colorado State University forecast team announced in early April, increasing its earlier prediction for the 2007 hurricane season.
The team’s forecast now anticipates 17 named storms forming in the Atlantic basin between June 1 and November 30. Nine of the 17 storms are predicted to become hurricanes, and of those nine, five are expected to develop into intense or major hurricanes (Category 3, 4 or 5) with sustained winds of 111 mph or greater.
The hurricane forecast team predicts tropical cyclone activity in 2007 will be 185 percent of the average season. By comparison, 2005 witnessed activity that was about 275 percent of the average season.
“We are calling for a very active hurricane season this year, but not as active as the 2004 and 2005 seasons,” said Phil Klotzbach of the Colorado State hurricane forecast team, Fort Collins, CO. “Based on our latest forecast, the probability of a major hurricane making landfall along the U.S. coastline is 74 percent compared with the last-century average of 52 percent.
“In December and January, we had a weak to moderate El Niño event in the tropical Pacific Ocean. When you have El Niño conditions during the hurricane season, it increases vertical wind shear across the tropical Atlantic and typically results in a weaker tropical cyclone season,” Klotzbach said. “However, we’ve seen El Niño conditions dissipate quite rapidly late this winter, so we do not think that’s going to be an inhibiting factor this year. Also, we have warm Atlantic sea surface temperatures this year, which we’ve seen just about every year since 1995.”
The hurricane forecast team reiterated its probabilities for a major hurricane making landfall on U.S. soil:
• A 74 percent chance that at least one major hurricane will make landfall on the U.S. coastline in 2007 (the long-term average probability is 52 percent).
• A 50 percent chance that a major hurricane will make landfall on the U.S. East Coast, including the Florida Peninsula (the long-term average is 31 percent).
• A 49 percent chance that a major hurricane will make landfall on the Gulf Coast from the Florida Panhandle west to Brownsville, TX (the long-term average is 30 percent).
LOCKWOOD BRINGS BUILDING CODE REFORM TO BAHAMAS WEATHER CONFERENCE
For the fourth consecutive year, Nanette Lockwood, director of legislative affairs for Solutia Inc., St. Louis, MO, has been invited to speak at the Bahamas Weather Conference, which attracts meteorologists from throughout the United States and Caribbean.
A long-time advocate for building code reform, Lockwood and the Saflex® governmental affairs team have been instrumental in pressing for building code adoption and reform throughout hurricane-prone regions of the United States (see HP, Fall 2002, page 12). Saflex is a business unit of Solutia, a leading manufacturer of polyvinyl butyral (PVB) interlayers used in laminated glass.
“[Lockwood] is clearly one of the nation’s leading experts on the benefits of hurricane resistant construction,” said Robert Sheets, former director of the National Hurricane Center and coordinator of the annual conference. “Her insights are valued by meteorologists who need to understand how and why building codes are adopted and their importance in creating safer and stronger buildings that will survive and protect those inside during a hurricane.”
Now in its 11th year, the Bahamas Weather Conference is an initiative of the Bahamas Ministry of Tourism to bring together media outlets and top hurricane experts in the United States. This year’s conference convenes April 18 through 22 at the Atlantis Paradise Island.
GRIMES JOINS SKYETEC ENVIRONMENTAL
Darius H. Grimes has joined Skyetec Environmental Services as wind mitigation director.
Grimes brings 25-plus years experience in manufacturing, distribution and construction to his new post. His responsibilities will include development of products, techniques and marketing strategies for mitigating damage from wind and water and will work with contractors and consumers for improved technical training.
Grimes is a Florida Certified Residential Contractor, FLASH Blueprint For Safety new construction and retrofit contractor and Certified Windstorm Mitigation Surveyor.
ALL POINTS SOLID SET ANCHOR ISSUED NOA
All Points Screw, Bolt & Specialty Co., Pompano Beach, FL, announces that its Solid Set Anchor was issued a Notice of Acceptance from the Miami-Dade Building Code Compliance Office (BCCO). The NOA number is 05-1116.04.
The Solid Set anchor is a 1/4-20 machine screw anchor used in concrete and concrete block. All Points is a full-line fastener company specializing in the storm protection industry.
CONTINUING EDUCATION PROGRAMS AVAILABLE FOR FLORIDA BUILDING PROFESSIONALS
The Florida Home Builders Association (FHBA), Tallahassee, FL, is offering two opportunities for building professionals to earn continuing education credits.
Residential Construction Superintendent (RCS) designation is offered at a significantly reduced rate. Under a grant through the state of Florida, training funds are available for individuals to complete the nationally recognized RCS superintendent training and professional designation program. The grant reduces the cost of completing the program to $400 per person. Additional savings, covering 100 percent of the registration costs, also is available.
RCS participants must be Florida residents and at least 18 years old. RCS classes are currently available in Fort Myers, Naples, Tallahassee and Bradenton, but can be hosted throughout the state. Funding is available through June 30, 2007.
The Association’s Continuing Education Credit Cruises offer a learning-at-sea experience. An Alaskan adventure, a Mediterranean experience, or a Caribbean cruise is offered. Each cruise offers 14 hours of continuing education credits. Prices start at $599.
STO OFFERS DURABLE CEMENT BOARD STUCCO
Sto Corp., Atlanta, GA, has introduced StoQuik Silver Systems, which offer the strength of cement board and the protection of Sto without the numerous installation stages of traditional stucco systems.
StoQuik Silver systems are cost effective, impact-resistant systems designed to give a stucco look, in a faster application. StoQuik Silver incorporates moisture and abuse resistant cement board and Sto’s reinforced base coats. Sto’s finishes offer a variety of colors, textures and design in a low maintenance continuous, decorative and protective layer.
TRITON POWER LAUNCHES WORLDWIDE DISTRIBUTOR NETWORK
Triton Power, Miami, FL, has launched its Worldwide Triton Power Distributor Network, designed to help builders, contractors and equipment dealers add generators to their mix of offerings to open new revenue channels and increase sales.
“We established the Worldwide Triton Power Distributor Network as a way to change the business model of how generators are sold through these important channels,” said Brent Crego, vice president. “There is an incredible revenue opportunity and we want to provide our local distributors with the resources they need to increase sales and maximize profits.”
Triton’s new worldwide distributor network allows local builders, contractors and equipment dealers to purchase direct from the manufacturer. Triton Power maintains a full supply of inventory at all times, ensuring immediate delivery. In-network distributors can leverage Triton’s new distributor program to obtain sales assistance, receive additional marketing co-op funds, generate local brand awareness, and drive leads for possible sales.
To be accepted into the Triton program, local distributors must demonstrate a commitment to power needs and the highest quality of service in the power generator industry, the company states. Worldwide program regulations seek distributors that actively market Triton’s brand of products, installation and service.
LEEP APPOINTS NORDSTROM NEW CEO
LEEP, Inc., Montoursville, PA, has announced the appointment of John H. Nordstrom as CEO. Nordstrom is responsible for launching new strategic, financial and corporate directives for LEEP and will lead the company in expanding sales, operations and financing. He has also been appointed a member of the board of directors.
Nordstrom brings to his new position a background in corporate management, finance, real estate development and construction management. He has spent more than 20 years as the CEO of a variety of companies. Most recently, Nordstrom was CEO of Energy Dynamics, Inc., an energy service, construction management and consulting company, which he developed into a successful, diversified company.
LEEP, Inc. manufactures LeepCore Structural Panels, a lightweight structural building material that is fire, mold, water, dry rot, corrosion and termite resistant. The product supports hurricane force wind and earthquake resistant building designs and standards.
SIMONTON RANKED NO. 1 IN VINYL WINDOW QUALITY
According to the 2007 Brand Use Study sponsored by Builder magazine, Simonton Windows®, Parkersburg, WV, has achieved a No. 1 ranking in quality in the category of vinyl windows. The study, conducted by independent research company Readex Research, gives Simonton the distinction of being the top Brand Leader in Quality in vinyl windows.
The 2007 Brand Use Study survey sample consisted of more than 10,000 readers of Builder magazine classified as “builder, builder-developer, or general contractor.” The sample represents more than 118,000 similarly classified readers of the magazine.
Earlier Simonton was ranked “Highest in Builder and Remodeler Satisfaction among Residential Window and Patio Door Manufacturers” by J.D. Power and Associates (see HP, Direcotry & Buyer’s Guide 2007, page 10).
FRAMEGUARD MOLD-RESISTANT WOOD WINS 2007 NAHB GREEN BUILDING AWARD
Among the winners of Green Building Awards presented by the National Association of Home Builders at its annual NAHB Green Building Conference was FrameGuard® mold-resistant wood, developed by Arch Wood Protection, Inc. It was the only building product to be selected.
“With the introduction of FrameGuard coating, Arch Wood Protection offers builders a way to guard against mold, as well as termites and fungal decay,” said Ray Tonjes, a home builder in Austin, TX, and chair of NAHB’s Green Building Subcommittee.
Factory-applied by either spraying or dipping, the FrameGuard coating provides protection from mold, termites, and fungal decay when applied to trusses, lumber, plywood, OSB, wood I-beams, SIPs, and other wood products that are used in interior applications. FrameGuard wood is GreenGuard Indoor Air Quality Certified® for its low emissions.
http://hpmag.com/mag/show2007/indnews.html
Specifications, Testing and Certifications:
Listed below are the specifications, testing and certifications that the Company has received from third party certified testing facilities:
* R25 Insulation factor
* Water impermeable
* Rot and insect resistant
* High resiliency (bends but does not break)
* Highest strength-to-weight-ratio of any structural building component
* Floors meet commercial construction code on 6’ centers
* Meets or exceeds commercial building codes for free-standing and load bearing walls up to 12 feet in height (unsupported and without frames)
* Supports building designs that meet or exceeds wind load and building code requirements throughout North America
http://www.leepinc.com/specifications.htm
The Company:
LEEP, Inc. (referred to as “LEEP” or the “Company”) started operations in the State of Oregon in December 1991. The Company has established new standards of efficiency, effectiveness and value within the construction industry with its patented LeepCore™ structural building material. The Company’s stock is publicly traded under the trading symbol “LPPI.”
Unlike other structural components, LeepCore can be mass-produced in quantities of multi-million square feet per month. LeepCore constructed buildings are stronger, lighter, faster to erect, environmentally clean and more cost effective than building structures built with traditional wood, concrete and steel building materials.
The first incorporation of LeepCore into a commercial building was constructed in Twin Falls, Idaho in 1998. The completion of this building was the first validation that a LeepCore constructed building could obtain building permits, product liability insurance, building inspection approvals, and other requirements to obtain a final inspection approval and use permit. The building has remained essentially maintenance free in the face of sub-zero winters, 110-degree summers and sandstorm conditions that are typical of the high-desert Snake River Canyon location. Cooling and heating costs are the lowest of any building of similar size in the region.
In 1999, a two-story office building was constructed in Houston, Texas that incorporated LeepCore structural walls, floors and roof. The validation of LeepCore applications was proven again. The time to construct this office building was approximately forty percent less than the time that it would take to construct the same building with traditional building materials. The owner of the building has reported to the Company that their utility bills are more than 40 percent less than other comparable buildings in their region.
Recent construction with LeepCore has been integrated into classroom buildings. New construction with LeepCore consists of five buildings that house forty-classrooms with integral teacher’s facilities. The facility accommodates five-hundred Kindergarten/Pre-K students.
These LeepCore structural classroom buildings represent a new level of classroom solutions that are based on the features and unique attributes of LeepCore. With the advent of LeepCore, these classroom buildings are fire, mold, water, dry-rot, termite and wind resistant and provide new levels of energy efficiency. Observations related to LeepCore include more quiet classrooms and overall quality of construction. There are a large number of school districts that are expressing high levels of interest in adding LeepCore™ buildings to their facility plans.
The Company operates a 33,000 square foot semi-automated manufacturing plant in Montoursville, Pennsylvania.
http://www.leepinc.com/the%20company.htm
About LeepCore
Load-bearing Structural Insulated Panels
Load-bearing ASTM E-72
• Frameless Construction
• Light Weight
• R-25+ Insulating Value
• Fast and Easy Assembly
• ASTM E-84 Class 1
• Mold/ Mildew Resistant
• Water Impermeable
• Termite and Pest Proof
• High Acoustic Insulation
• Formaldehyde Free
http://www.leepinc.com/
LEEP, Inc. Passes Critical Product Review in Florida
LeepCore(TM) panels comply with revised 2007 certification requirements
MONTOURSVILLE, Pa., Jan. 23 /PRNewswire-FirstCall/ -- LEEP, Inc. (Pink Sheets: LPPI) said today that its patented LeepCore(TM) Structural Insulated Panel had passed a critical review of the panel's performance criteria in the State of Florida. The review by a certified professional engineering firm licensed in the State of Florida certified ' ... that the components manufactured in accordance with this report comply with the applicable sections of the following Code(s) and Standard(s): Florida Building Code 2004 with 2006 and 2007 supplements.' The report adds that the panels are certified for exterior and internal walls, floors and roofs. These data are being submitted to the State of Florida by LEEP, Inc. to obtain a current product approval code for construction in the State of Florida. John Nordstrom, CEO, said, 'This product certification by a respected, professional licensed engineering firm in the State of Florida is important to us because, without this certification, we would be unable to accept additional orders for a variety of construction projects in Florida, including additional school classroom buildings and manufactured modular housing.'
LeepCore(TM) panels have already been used to construct five school classroom buildings near Jacksonville, Florida in 2005 under previous certifications, which had since lapsed. The school classrooms built using LeepCore(TM) in 2005 have received very positive reviews from teachers, students and administrators in Baker County, especially in terms of substantially lower energy costs, maintenance costs, and improved sound insulation between classrooms. Just as important, classroom buildings are ready for occupancy in a fraction of the time compared to traditional construction methods.
For more information visit: http://www.leepinc.com
BUGS/SSWM: NICE volume today on LPPI. Is that Quick Quarters deal getting bigger?
LEEP, Inc. Receives Significant Purchase Order
- LEEP to provide patented structural insulated panels, engineering and manufacturing expertise -
MONTOURSVILLE, Pa., Jan. 8 /PRNewswire-FirstCall/ -- LEEP, Inc. (Pink Sheets: LPPI.PK), announced that the company has received an initial order from Quick Quarters Kentucky, Inc., for its patented LeepCore(TM) structural insulated (R-25) panels, to build five mail screening facilities in Quick Quarters' Kentucky-based manufacturing plant. The completed units will be shipped overseas to five Government locations to screen incoming mail for potential safety hazards. Production will begin in January and completed units are expected to ship during the first quarter of 2008 with additional follow-on orders expected in 2008.
John Nordstrom, CEO of LEEP, Inc. said, 'We are extremely pleased to be able to bring this first order with Quick Quarters to reality. We have been working on this and other specific, identified opportunities in conjunction with Quick Quarters since mid-2007, and feel this first step will be a catalyst to generating more business for both companies in both the near and longer term future. LEEP, Inc. re-engineered the mail screening facilities to be constructed of LeepCore(TM), which will provide a stronger, better insulated, and lighter weight facility than was previously used by the customer, that can be used world-wide. The integration of LeepCore(TM) for this use is a significant milestone, as it will give our product additional exposure for a multitude of both government and private sector uses. We are very enthused about the potential for this type of use for LeepCore(TM) panels.' LEEP, Inc. will also manage and oversee construction of the units, utilizing the physical plant in Kentucky.
About LEEP, Inc.
LEEP, Inc. (Pink Sheets: LPPI.PK) has established new standards of efficiency, effectiveness and value within the construction industry with its patented LeepCore(TM) structural building material. LeepCore(TM) constructed buildings are stronger, lighter, faster to erect, environmentally clean and more cost effective than building structures built with traditional wood, concrete and steel building materials. The Company operates a 33,000 square foot manufacturing plant in eastern Pennsylvania
December 27, 2007 -Quick Quarters Kentucky Issues Purchase Order to LEEP, Inc.
- LEEP to Provide Modular Panels and Manufacturing Expertise -
Robert Brehm, CEO of Sub Surface Waste Management of Delaware, Inc. (OTCBB: SSWM), announced today that its subsidiary, Quick Quarters Kentucky, Inc. (QQK), has issued a purchase order to LEEP, Inc. (“LPPI”) for its patented LeepCore™ structural insulated panels and contract labor to build five mail screening facilities in QQK’s Somerset, Kentucky headquarters. Production will begin in January and completed units are expected to ship during the first quarter of 2008.
Brehm commented, “We are excited to work with LEEP and their excellent panel products which are well suited for the mail screening room application. This initial order will allow QQK to reestablish its manufacturing operations in conjunction with LEEP, Inc., and develop a working relationship between the companies for future orders which could include more mail screening facilities, modular classrooms or temporary structures for FEMA.”
John Nordstrom, CEO of LEEP, Inc., said, “This order from QQK will use existing panel inventory and newly constructed frames that will all be assembled in Somerset. We will be working with QQK to utilize additional panel inventory in their other projects as this enhances our cash flow by not having to custom manufacture new panels.”
About LEEP, Inc.
LEEP, Inc. (“LPPI”) has established new standards of efficiency, effectiveness and value within the construction industry with its patented LeepCore™ structural building material. Unlike other structural components, LeepCore™ can be mass-produced in quantities of multi-million square feet per month. LeepCore™ constructed buildings are stronger, lighter, faster to erect, environmentally clean and more cost effective than building structures built with traditional wood, concrete and steel building materials. The target markets for LeepCore™ include: factory built, modular and panelized residential, commercial, industrial and public buildings. The Company operates a 33,000 square foot semi-automated manufacturing plant in Montoursville, Pennsylvania. For more information, visit www.Leepinc.com or contact Adam Dubitsky or John Williams at 604-495-1766.
About Quick Quarters Kentucky
Quick Quarters Kentucky is a wholly owned subsidiary of Sub Surface Waste Management of Delaware, Inc. (OTCBB: SSWM) and a manufacturer of temporary shelters for emergency response, disaster relief, mail room screening operations, decontamination centers, command centers, emergency hospitals, and other commercial and governmental uses that need a quick installation facility for current worldwide terror threat and biological weapons concerns.
Investors and media contact Robert Brehm at 760/918-1860, ext. 102 or learn about the company by visiting its Web site at www.subsurfacewastemanagement.com. To be on the email list for press releases, please visit: http://www.bugsatwork.com/emailfax.htm
2006: LEEP, Inc. Sales and Funding Update
To: The Shareholders of LEEP, Inc.
From: The LEEP Management Team
March 24, 2006
Sales Update
LEEP, Inc.’s (“LEEP” or the “Company”) Management team is focusing its sales efforts on developing sales with companies that will become long-term large-volume users of the Company’s LeepCore panels. During the past three months, the Company has identified and is developing relationships with four large-volume prospects. An overview on the sales activities with each of these companies follows:
PROSPECT #1:
LEEP has been working with a company that manufactures containerized buildings for public and private applications in domestic and foreign markets. Following three months of discussions, LEEP has agreed to furnish four thousand (4,000) square feet of LeepCore panels to construct a prototype building of their light-weight transportable housing and office base units. The prospective customer will pay all expenses related to the construction of the prototype building including but not limited to the building design and engineering, LeepCore panel shipping expenses and building fixtures and furnishings. Completion of the prototype building is expected within 45 days. This anticipated customer currently has a significant backlog of orders and is planning to sell the new LeepCore constructed buildings as a replacement for their current transportable housing and office units starting in June 2006.
PROSPECT #2
HUD, FEMA, Department of Agriculture and Mississippi government funding policies have been defined and are being implemented. In addition, new flood planes have been established in southern Mississippi. With all of this now in place, developers in Mississippi are now getting ready to start the massive job of building the replacement housing, commercial and public buildings that were destroyed. Additionally, new residential developments to accommodate major relocation programs are getting underway. Management began developing relationships last November with an eastern group that is planning large, new residential development projects in the State of Mississippi. This prospective customer has major land holdings in Mississippi. Their plans are mainly focused on constructing low to medium-cost housing in the size range of 1,000 to 2,000 sq. ft. on properties they own. The planned average home price will be in the range of $100,000 to $200,000. Low income LeepCore multi-family housing is also being considered. This prospective customer plans to build higher-quality, affordable homes by starting with LeepCore panelized construction that can be phased quickly into Factory-built, permanent- construction. Management is currently working out design and other details with this customer for construction of the first of many planned LeepCore homes in Mississippi.
PROSPECT #3
The Company entered into a Distribution Agreement with Gulf Coast Industries (“GCI”) during the fourth quarter of 2005. GCI has entered into a Letter of Intent and is preparing a Joint Venture (JV) Agreement with a significant modular homebuilder to establish a new modular manufacturing plant in Mississippi. This JV plant plans to use LeepCore panels to construct the walls and roofs of its factory-built modular homes. GCI is forecasting that it will take approximately ninety (90) days for the new production plant to become operational.
PROSPECT #4
LEEP has recently appointed a Factory Representative to work with school districts throughout the state of Florida to capitalize on the Company’s successful completion of the five-building, forty-classroom Baker County School District construction project. Potential new sales include a classroom project that is being submitted in March, 2006 to the School Board Trustees for their approval to construct twenty (20) LeepCore classrooms. Approximately 60,000 square feet of LeepCore panels will be required to construct the walls and roofs for this project. Construction is scheduled begin during the summer of 2006.
LEEPCORE HIGH-SPEED LAMINATOR FUNDING
LEEP management is working on agreements with an investor/development group on the coast of Mississippi. After a two-year planning phase, this investment/ development company is implementing a comprehensive redevelopment project in southern Mississippi. The total planned funding for the redevelopment program exceeds $2 billion dollars. The redevelopment project includes construction of 5,000 new homes, a new high school, public buildings, retail outlets and a new industrial-park complex. LEEP has successfully negotiated an initial term sheet and is now firming up a formal Letter of Intent with this Mississippi-based company. As part of the terms of this agreement, Management is structuring a $34 million loan, coupled with a long-term lease on a build-to-suit manufacturing facility to house the Company’s first automated LeepCore lamination plant. Management believes that this funding structure can be brought into final form for signatures by May, 2006.
http://www.leepinc.com/Corporate%20Status.htm
2005: LEEP, Inc. Special Shareholders’ Meeting
July 6, 2005, Montoursville, PA.
The special shareholders’ meeting was held on July 6, 2005 at the LEEP manufacturing facility in Montoursville, PA. Dennis Schrage, Chairman of the Board, called the meeting to order at 10:30 AM Eastern Standard Time. The meeting was attended by over 30 shareholders, Board members, managers and employees.
Chairman Schrage opened by stating that the meeting would consist of discussions and presentations of the following material:
To provide an update on recent developments in marketing, manufacturing and funding.
To present a resolution to amend three articles of the LEEP, Inc Articles of Incorporation to provide more appropriate, convenient and flexible operations for the Board and management of LEEP, Inc. and to increase the shares of authorized stock.
Chairman Schrage proceeded by presenting the following overviews of LEEP operations and recent developments:
Marketing
Meeting attendees were presented with recent photographs of the construction of classroom buildings built with LeepCore for the Baker County Florida school district. The five building project represents 40 pre-K classrooms. The first of these buildings is nearing completion, while the second and third building are erected and will be completed over the next four weeks. All five buildings will be completed by early October.
An outline was presented that described the current activity in sales that encompassed the ongoing design, engineering and bidding process for an array of new two, four and eight classroom buildings being developed by LEEP architectural, engineering and construction customers for a growing list of Florida school districts. The presentation was highlighted by a discussion of new LeepCore projects currently being finalized and slated to begin construction within the next few weeks.
Shareholders were also presented with an outline of current sales activities that included the current activity in Florida and ongoing new customer relationships that were developing in the Southeastern US, Texas and California.
Manufacturing
The production of the Montoursville Plant was evident in the many stacks of LeepCore that surrounded the meeting. Shareholders were able to observe nearly 200,000 square feet of newly produced LeepCore panels staged to be shipped over the coming weeks to fill the growing need for classrooms in Florida. The Montoursville plant is scheduled to reach production capacity of 120,000 square feet of LeepCore panels per month well before the end of the year.
A description of the new 30,000 square foot LeepCore panelization facility that has been developed by LEEP in Quincy, Florida was presented. LEEP, over the last few months, set up a new assembly plant that is now building LeepCore panels into wall, roof and floor sections. This new facility has assembled all of the Baker County classroom building walls and roof sections, which has provided LEEP with an additional source of revenue.
Funding
LEEP management continues to negotiate the funding that will finance our new high speed Florida plant and allow LEEP management to implement LEEP’s complete Business Plan. The financing arrangements have been identified, and the management and the Board have agreed to an initial term sheet. Details and logistics are being worked out and the company expects to complete the funding agreements and reach a closing in the very near future.
Chairman Schrage then moved to the business portion of the agenda:
Motion: Chairman Schrage called for a motion to amend LEEP’s Articles of Incorporation. Specifically, to:
Amend Article II.I. to better define the current business of LEEP, Inc.
Amend Article III to increase the authorized common stock of LEEP from 750 million (750,000,000) shares to 2 billion (2,000,000,000) shares, which will, in part, enable LEEP to satisfy its obligations under agreements entered into between LEEP and certain investors in May 2005 in connection with a major financing transaction. In addition, the authorization will create a significant reserve of authorized common stock for the long-term future.
Make the addition of Article IV to decrease the quorum required to be present at a shareholders' meeting from a majority to one-third of the votes entitled to be cast on any matter at the meeting, which is intended to make it easier to meet the quorum requirement for shareholders' meetings.
Make the addition of Article V to permit action to be taken by the shareholders without a meeting, if approved by the written consent of shareholders having at least one-third of the votes entitled to be cast. Currently, action by LEEP's shareholders may be taken without a meeting only if all shareholders sign a written consent authorizing the action. Adoption of this amendment will enable LEEP to take action requiring shareholder approval more quickly.
A motion to approve the resolution to make the Article changes was made by Marvin Staiman and seconded by Mike Roberts. There being no further discussion, Chairman Schrage called for the vote on the resolution.
All shareholders present at the meeting voted FOR the resolution. There were no votes AGAINST or ABSTAINED.
Proxy votes received from shareholders prior to the meeting equaled 99,094,411 voting FOR the resolution (57.7% of 173,201,486 shares outstanding) and 250 shares voted AGAINST.
Chairman Schrage then opened the meeting for general questions and discussions.
Questions:
A shareholder asked when the company thought the price of LEEP stock would increase. Chairman Schrage answered by saying that the fruition of both the pending funding to build our new manufacturing facility and the solidification of new high volume customers should greatly strengthen the value of the company. Over time, the more value we can build into the company the better our stock should perform in the market.
A shareholder asked if the company could foresee LeepCore replacing cement blocks and how does LeepCore compete with the price of concrete and cement blocks? Chairman Schrage responded by saying that LeepCore will certainly be replacing both cement block construction and concrete. He added that while we can be very price competitive to most current structural materials, the most significant LeepCore advantage over these methods is time. LeepCore enables the builders to reduce their overall construction time, completing and delivering buildings faster. Ultimately, using LeepCore means the builder will reduce their overall cost and shorten their delivery time over traditional cement or block construction.
A shareholder asked how the $4 million bridge financing received by LEEP last year was applied to LEEP operations. Chairman Schrage stated that those funds were used to purchase the raw materials for current production together with funding the expansion of the Montoursville plant to a full three-shift operation. In addition, a certain amount of the funds were allocated to build new customer relationships, solidify sales and install the new panelization plant in Florida.
There being no further questions, the shareholders approved a motion to adjourn the meeting at 12:15 PM. Following the meeting, LEEP Senior Vice President of Manufacturing, Dave Thorne, conducted a plant tour for all interested shareholders.
THESE MEETING MINUTES ARE
CERTIFIED BY THE SECRETARY
OF THE CORPORATION, GRANT
RECORD.
http://www.leepinc.com/july6shareholdersmeeting.htm
I heard a rumor that the financing was finished?
Does anyone know if this is true. What about the mediation with a distributor that I have also heard about. Shouldn't this stock take off since one of the primary benefits of this product is hurricane resistance? I have lots of questions as a 6 year stock holder. Anyone have any answers?
Well regardless of your statement. Again I have no invested funds in the company. And I'm happy for all Leep shareholders that have held. GLTA
I like to look for stocks that could potentially be ready for a bottom reversal. I know of two and am looking for more. I am not a flipper....let me repeat that I am NOT a flipper. I will never do a deep six under the sea. Flippers generally lie about a stock when it's up to bring it down and when it's down they will pump to get it up. Thumper69 hear ye hear ye is not a flipper unlike some people I know. Yes, indeed I do know of two jewels on the otcbb and I'd like to share but alas I can't. I'd hate to see a flipper try to short two good otcbb stocks. I do ok now but I'd like to be rich someday vs just a wannabe. Pity that I can't share the two jewels just yet. I fear that a flipper p$ychopath lurks here looking for otcbb victims. Who could it be? lol
It was a joke to my friend gary. Not even invested sorry for the confusion.
Well Wantoberich..did you SHORT LEEP? Do you "SHORT" FLCR too. haha you fool some people but not others
Hi Bmitten... 4 years for me and I still believe in the product as well. When the right person comes on board this will sky-rocket, as I stated earlier I too believe in the product, I wish I believed in management, but the product it self will raise on it's own merit. Some people just don't when to step down and hire someone to run things for them, kind of like AQCI, great product but no business skills.
JMHO!
Been a long ride already. I have had my stock in this company for almost 5 years now. Same story different day. It is play money so I will keep riding it. Just don't see the tangibles yet. Example. At the shareholder meeting they told us that financing will be in place in 90 days. We heard that at the end of last year. In september of last year from Grant himself. We have been told about contracts now with three or four manufacturers of these classroom buildings. Three years ago we were told about a contract with I believe the country was Quatar to build oilfield buildings. What happened to that contract. I know I am being negative. It is kinda hard to believe words from these guys when you have never seen the results based on past promises.
Don't get me wrong. I believe in this product. I have told many friends and associates about it and they have jumped on board. Just always have a whisper in the back of my mind that keeps saying why is it taking so long to get moving?
All good questions, all I can say is do your own DD, I expected it to be a long play and still do, but one worth holding.
JMHO!
Two weeks later and it is back down even after they annouced $6 million in expected sales. What happened at the shareholders meeting. No information posted anywhere that I can find.
Makes me wonder how solid their reports are. By the way when are they going to file their reports with the SEC. Up and coming companies generally get caught up with filings before things take off. Wonder if their is something to hide?
( LEEP ) - Leading Edge Earth Products, Inc. Receives LeepCore(TM) Order for More Than $1 Million and Product Requirements of at Least $4.8 Million for 2005
6/22/04
CHICAGO, Jun 22, 2004 /PRNewswire-FirstCall via COMTEX/ --
Leading Edge Earth Products, Inc. (Pink Sheets: LEEP), announced today that it has received $1.16 million in conditional LeepCore(TM) purchase orders from a major modular manufacturing company. The Customer is the largest modular classroom manufacturer in the state of Florida. Product delivery is scheduled to begin in July.
The Customer also informed the Company that they are planning to purchase at least $4.8 million of LeepCore product during 2005. The Customer will provide the Company with a 2005 product allocation schedule by October 1, 2004.
Grant Record, LEEP's CEO said, "We are very pleased with this large order and the strong response that LEEP has received from the modular building sector and building contractors since the April 20, 2004 Florida state approval to use LeepCore(TM) for general construction in the state. Since LeepCore(TM) is designed to construct floors, walls and roofs, site-built builders of classrooms and other types of permanent buildings are now specifying LeepCore(TM) to replace conventional materials. Florida is the first state to approve LeepCore(TM) as an alternative building material to concrete and steel."
LEEP earlier announced that it is seeking funding to construct a large- scale LeepCore Manufacturing plant. This plant is planned to manufacture the product to support LEEP's unique method of construction. The Company believes the LeepCore product produces the highest-quality, lowest-cost, construction- time-effective classrooms that are commercially available. The planned new plant is designed to produce in excess of 25 million square feet of LeepCore structural panels per year.
LEEP is a publicly held developer and manufacturer of LeepCore. The product offers advanced properties and benefits, including fast design and construction cycles for long-span floors and roofs, and frameless freestanding wall construction. LeepCore is marketed as a lightweight structural building material that is fire, insect, water, dry rot, mold, corrosion and termite resistant. The product supports high-wind and earthquake resistant building designs. Additionally, thermal insulation properties exceed building industry standards. Target markets for LeepCore construction include: modular and site-built classrooms, North American site-built housing, commercial building construction, emerging country housing, telecommunication equipment shelters and military applications (with emphasis on airplane and helicopter transportable building systems, which are lightweight and perform well in extremely hot and cold weather conditions). The degree to which the Company exploits these markets will be a function of the Company's success with its quest for timely capital to rapidly expand manufacturing capacities.
The Company is late in its SEC filings. Management is aware of this reporting deficiency and plans to bring current the Company's SEC reporting status in conjunction with its current capital acquisition. Additional information is available on the Company's website: http://www.leepinc.com.
Looks good right now, back up and higher!!!
After owning this stock for many years I hope that it is about to take off but I do wonder since I remember many announcements that were concerning potential contracts with Arab states and such that never happened. By the way what ever happened to the dealer network that was setup 5-6 years ago to sell the product in the gulf states region. Will it finally get off the ground if all of the announcements come to fruition?
I'm sittin' on this one, I think it's gonna hit big in the not to distant future, I have a good chunk for the long haul.
( LEEP ) Good movement & volume ...!!!
10:47 am UP .03 and good Volume .... !!
Great Potential!!! JMHO!!! EOM
It was UP last I looked ..... !
.<font color=green> Welcome To The Board 69Charger!!! I had a '69 Charger 500 with a 70 nose. It had a blue metallic paint jog, it had a 383 Magnum, a Mallory dual point ignition, a Accel super coil, a Holley 600 dual pump carb', dual exhaust with glass racing mufflers, sounded real good!!!
.<font color=magenta> Welcome To The Board 'ddfridd_007'!!! I've been holding this for a quite a while now! I knew it would hit but I also knew it would be a while, and I must admit, It's looking good!
Long Hold,
Gary
In at .105 this morning..I think when word gets out on this sleeper, it will do like NXTI did for me last year at 14¢..
go UP, UP, UP
Time for me to start shorting this on! lol
Far Out... Now We Should Move!!!
( LEEP ) - Press ReleaseSource: Leading-Edge Earth Products, Inc.
Florida State Material Building Commission Approval of LeepCore
Friday May 21, 7:45 am ET
CHICAGO, May 21 /PRNewswire-FirstCall/ -- Leading-Edge Earth Products, Inc. (Pink Sheets: LEEP - News), reported today the Florida Building Commission's 4/20/04 statewide approval of the Company's LeepCore(TM); structural building material has resulted in immediate action from modular and design/build firms specializing in Educational, Medical and Correctional facilities. LEEP is currently working with a key Florida Design/Build firm to develop "fast-track" construction solutions using LeepCore(TM) in Educational Facilities. Applications include: classroom additions for public schools and building structures for complete campuses for charter schools. Due to recent classroom size reduction legislation, Florida is requiring thousands of new classrooms over the next five years. Florida's largest modular classroom manufacturer is now accepting orders for LeepCore(TM) "next-generation" classrooms as well as integrating LeepCore(TM) into their classroom roof systems. LeepCore(TM) replaces expensive steel members in traditional modular-classroom roof construction. Grant Record, LEEP's CEO says, "In addition to being a superior material for modular and site-built construction, LeepCore(TM) is now seen as a solution to mold, rot and mildew problems currently plaguing Florida's schools (See http://www.b-tv.com/i/videos/leepinc.wmv for further clarification)."
ADVERTISEMENT
Florida Educational Facilities is the first major market developed by LEEP. Based on current response from this market, LEEP's current manufacturing capacity has been overwhelmed. LEEP is seeking debt and equity capital to expand its present manufacturing production capacity and to construct a new LeepCore(TM) manufacturing plant. The planned new plant is designed to produce in excess of 25 million-square-feet of LeepCore(TM) product per year.
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