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Executive management are not "reps."
If you want to claim you spoke to the CEO, etc., say it plainly.
Paul Knopick
pknopick@eandecommunications.com
949.707.5365
There is not "another CBAI" rep.
Paul Knopick
pknopick@eandecommunications.com
949.707.5365
I'm not involved in pump. I want to try to answer questions as factually and well as possible. Often, we don't agree. So be it. Sorry, but I can't contol what "friends" do.
Paul Knopick
E & E Communications
pknopick@eandecommunications
949.707.5365
Well, you can surmise that.
But this is the way DTC seems to handle its business.
It's owned, operated by broker industry and answerable to no one but them.
It won't take much searching on Yahoo/Goggle to see how many smaller companies have had DTC issues.
Paul Knopick
pknopick@eandecommunications.com
949.707.5365
Why would CBAI build a state-of-the-art facility in Las Vegas, perhaps the largest and best in the U.S., and not use it for storage when it can.
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
If I or anyone else at CBAI knew the reason for the ongoing "chill," as detailed in the CBAI "10K," I'd be happy to share it with you and other investors. DTC doesn't work like that. They ask for additional information, they ask for legal opinions, they don't tell you what exactly is the itch that needs to be scratched.
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
I get hundreds of calls and e-mails a week. Recent "wild charges": Cord Blood filing for bankruptcy, Cord Blood about to go out of business, Cord Blood will be eaten this week by a bigger fish. Cord Blood international subsidiaries don't really exist. Cord Blood in cahoots with abortionists. Cord Blood and Obama killing off our babies.
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
Why do research when you can simply make wild charges against the company and its CEO? Why do homework when you can use your imagination?
From filing:
ITEM 2 (a) Name of Person Filing:
This statement is filed by Ironridge Global IV, Ltd. (“IV”) with respect to shares of common stock of the issuer beneficially owned by IV, and by Ironridge Global Partners, LLC (“IGP”), and IGP’s managing members Brendan T. O’Neil, Richard H. Kreger and John C. Kirkland with respect to the shares beneficially owned by IV.
(b) Address of Principal Business Office, or, if None, Residence:
The address of the principal business office of IV is:
Harbour House, Waterfront Drive
P.O. Box 972, Road Town, Tortola
British Virgin Islands, VG1110
The address of the principal business office of IGP and Messrs. O’Neil, Kreger and Kirkland is:
425 California St. Suite 1010
San Francisco, California 94104
(c) Citizenship:
IV is a British Virgin Islands business company.
IGP is a Delaware limited liability company.
Messrs. O’Neil, Kreger and Kirkland are United States citizens.
From the filing:
ITEM 2 (a) Name of Person Filing:
This statement is filed by Ironridge Global IV, Ltd. (“IV”) with respect to shares of common stock of the issuer beneficially owned by IV, and by Ironridge Global Partners, LLC (“IGP”), and IGP’s managing members Brendan T. O’Neil, Richard H. Kreger and John C. Kirkland with respect to the shares beneficially owned by IV.
(b) Address of Principal Business Office, or, if None, Residence:
The address of the principal business office of IV is:
Harbour House, Waterfront Drive
P.O. Box 972, Road Town, Tortola
British Virgin Islands, VG1110
The address of the principal business office of IGP and Messrs. O’Neil, Kreger and Kirkland is:
425 California St. Suite 1010
San Francisco, California 94104
(c) Citizenship:
IV is a British Virgin Islands business company.
IGP is a Delaware limited liability company.
Messrs. O’Neil, Kreger and Kirkland are United States citizens.
I explained this q & a.
If you want to keep misinterpreting, that is your issue and I'm sorry.
Second quarter due soon and we'll all see together how they did.
Paul Knopick
pknopick@eandecommunications.com
949.707.5365
Adding nicely to revenues SOLELY refers to, and was an answer to, the post that was made about the company's decision to collect placentas for major tissue bank. This was referenced in first quarter numbers.
We're all going to have to sit back and wait on second quarter numbers, usually about middle of the month.
Sorry for any confusion.
Paul Knopick
E & E Communications
949.707.5365
pknopick@eandecommunications.com
Adding Nicely To Revenues
Second quarter results due soon.
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
POWIN SUCCESSUL IN RENEWABLE ENERGY MARKET WORLDWIDE
Powin Energy Vice President of Operations Says Company is Very Bullish on New Renewable Energy Products
TUALATIN, Ore., July 26, 2011 /PRNewswire via COMTEX/ -- Powin Corporation (OTC BB: PWON), an Oregon-based OEM and direct manufacturer, said today that Michael S. Morse, Vice President of Operations for Powin Energy, its wholly-owned subsidiary, was interviewed by analyst Francis Gaskins in a comprehensive overview of the subsidiary's accomplishments and future.
The entire interview is available at: http://gaskinsco.com/pwon-july.mp3 .
"We are very bullish about the energy products we are bringing to the North American market," Mr. Morse said. He explained that a "perfect storm" of events is assisting the emergence of the renewable energy market worldwide. Powin Energy's Vice President explained that a global scarcity of traditional energy sources, combined the higher cost of this energy, an increased "Green" awareness worldwide, government incentives for renewable energy and more funding available for the renewable sector plus better, more cost effective renewable energy products, means Powin Energy has entered the market at exactly the right time.
Powin Energy at its web site: www.powinenergy.com already offers more energy efficient lighting products for the commercial and industrial markets and is beginning to market solar modules and rechargeable lithium battery modules through its joint venture with Shandong RealForce Enterprises Co., Ltd., China, which has invested more than $1.2 billion to bring renewable energy products to the worldwide marketplace.
Powin Energy is an industry leader in the manufacture and distribution of wind, solar, battery, LED and fluorescent lighting products as well as custom OEM parts for the renewable energy and energy efficient lighting industries. To learn more about Powin Energy, please visit www.powinenergy.com .
.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. It is also expanding manufacturing in Mexico. For more information please visit: www.Powin.com.
Contact:Powin CorporationMichael S. Morsemikem@powinenergy.com503.598.6659 X127Paul KnopickE & E Communicationspknopick@eandecommunications.com949.707.5365
SOURCE Powin Corporation
www.prnewswire.com
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
Powin Corporation Can Sell Your Product in China
Want to Enter Chinese Marketplace With Your U.S. Product? Powin Corporation's New Program Proving Successful
[05-July-2011]
TUALATIN, Ore., July 5, 2011 /PRNewswire/ -- Powin Corporation (OTC BB: PWON), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, announced today initial successes with its Channel Partner Program (CPP) that allows U.S. manufacturers to introduce and distribute their products via e-commerce channels into China's vast and fast-growing consumer marketplace.
"A U.S. cosmetics firm and a company involved in the manufacture and distribution of toys for babies has signed up for CPP," said Harry Hu, Director of CPP. Mr. Hu, a graduate of the University of Washington, has significant experience in Information Management.
"CPP provides a low risk, high-potential option for U.S. manufacturers to enter the Chinese market and expand sale of their products. Products are reviewed, tested and launched in less than 90 days," Mr. Hu said.
Powin's executive explains that the Company has a unique relationship with select China banks, E-Commerce and TV infomercial outlets, and mobile phone companies that allows it to showcase U.S. products to elite Chinese consumers who have the ability to buy the high quality imported products. The CPP program will assist the U.S. manufacturer in identifying and overcoming potential language, cultural and practical barriers to marketing. CPP also provides the U.S. manufacturer consumer feedback from selected sales channels to determine whether marketing in China makes sense for the U.S. company.
"At that point, we can develop a marketing plan for the American manufacturer and the CPP program can provide full-scale operations support in China, including warehousing, logistics, customs, compliance, order fulfillment and customer service and marketing," Mr. Hu concluded.
"We are both assisting U.S. manufacturers and bringing products to the Chinese marketplace in an efficient, effective way that consumers there desire. This is a "win-win" for both nations," said Joseph Lu, Powin Founder, Chairman of the Board, CEO and President.
Contact:
Powin Corporation
Harry Hu
503.598.6659 Ext. 123
harryh@channelpartnerprogram.com
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
SOURCE Powin Corporation
Web Site: http://www.powin.com
Powin Energy Providing Wide Variety of Rechargeable Lithium Battery Modules
-- Scooters, Vehicles, Power Stations --
TUALATIN, Ore., June 27, 2011 /PRNewswire/ -- Powin Corporation (OTCBB:PWON.ob - News), an Oregon-based OEM and direct manufacturer, said today that its wholly-owned subsidiary, Powin Energy, is now marketing on the Internet a wide variety of rechargeable Lithium Battery Modules with an Amp hour range from 80 to 220.
Powin Energy is also marketing Battery Packs that can be customized to meet the customers' requirements and Power Storage Systems with a capacity from 0.5MWH to 10MWH.
"Our product line is available for a wide range of usages, including electronic vehicles, scooters, bicycles, power stations, storage for the telecommunications industry and as a complement to wind and solar energy systems," said Michael S. Morse, Vice President of Operations for Powin Energy. Specifications on the batteries are available at: http://www.powinenergy.com/products/battery .
Powin Energy also recently launched energy efficient fluorescent lighting products for distributors and contractors who desire to offer a quality product for their end user at an affordable price. The new product line gives customers an energy efficient alternative for new construction and for retrofitting.
Powin Energy is an industry leader in the manufacture and distribution of wind, solar, battery, LED and fluorescent lighting products as well as custom OEM parts for the renewable energy and energy efficient lighting industries. To learn more about Powin Energy, please visit us at www.powinenergy.com.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. For more information please visit: www.Powin.com.
Contact:
Powin Corporation
Michael S. Morse
mikem@powinenergy.com
503.598.6659 X127
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
Cusip number is: CUSIP Number….. 21839P206
We already know that. That's not the issue.
DTC doing its job is the issue.
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
I answer every e-mail, every voice mail, every call. I have no calls and/or e-mails outstanding at present.
You can get in touch with me at 949.707.5365 or pknopick@eandecommunications.com
Paul Knopick
Up From $0.30 to $1.25 in 30 Days
Powin Corporation Opens New Corporate Headquarters in Oregon
[01-June-2011]
TUALATIN, Ore., June 1, 2011 /PRNewswire/ -- Powin Corporation (OTC BB: PWON), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, today announced that it has moved into its new corporate headquarters in Tualatin, Oregon, approximately 13 miles south of Portland, Oregon.
The new facility, approximately 71,000 square feet in size, incorporates both office space for corporate management and also the operation of the Company's affiliates, including Powin Energy, which manufactures and markets renewable energy products, Maco Furniture, the Company's Channel Partner Program (CPP), which assists U.S. companies in marketing their products in China, and its Gladiator Fitness and Outdoor Products, Inc., subsidiary. The facility also provides for the warehousing needs of these affiliates.
"The move to a larger, more modern facility allows Powin Corporation's management to better coordinate the operations of its affiliates, to coordinate warehousing, and to position the Company to meet its future growth strategies," said Ronald Horne, Powin CFO.
The new corporate address is 20550 SW 115th Ave., Tualatin, Oregon 97062. The phone number is 503.598.6659 and the corporate fax is 503.598.3941. The web site remains: www.powin.com.
"We are looking forward to showing off our new corporate headquarters to our investors at our annual meeting on June 15, 2011," Mr. Horne said.
Contact:
Powin Corporation
Ronald Horne, CFO
503.612.3004
ronaldh@powin.com
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
SOURCE Powin Corporation
Web Site: http://www.powin.com
Up From $0.30 to $1.25 In One Month
Powin Corporation Opens New Corporate Headquarters in Oregon
[01-June-2011]
TUALATIN, Ore., June 1, 2011 /PRNewswire/ -- Powin Corporation (OTC BB: PWON), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, today announced that it has moved into its new corporate headquarters in Tualatin, Oregon, approximately 13 miles south of Portland, Oregon.
The new facility, approximately 71,000 square feet in size, incorporates both office space for corporate management and also the operation of the Company's affiliates, including Powin Energy, which manufactures and markets renewable energy products, Maco Furniture, the Company's Channel Partner Program (CPP), which assists U.S. companies in marketing their products in China, and its Gladiator Fitness and Outdoor Products, Inc., subsidiary. The facility also provides for the warehousing needs of these affiliates.
"The move to a larger, more modern facility allows Powin Corporation's management to better coordinate the operations of its affiliates, to coordinate warehousing, and to position the Company to meet its future growth strategies," said Ronald Horne, Powin CFO.
The new corporate address is 20550 SW 115th Ave., Tualatin, Oregon 97062. The phone number is 503.598.6659 and the corporate fax is 503.598.3941. The web site remains: www.powin.com.
"We are looking forward to showing off our new corporate headquarters to our investors at our annual meeting on June 15, 2011," Mr. Horne said.
Contact:
Powin Corporation
Ronald Horne, CFO
503.612.3004
ronaldh@powin.com
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
SOURCE Powin Corporation
Web Site: http://www.powin.com
Powin Corporation (OTC BB: PWON) Announces New Joint Venture to Build, Market "Green" Energy Products With Major Chinese Company
-- Could Increase Annual Revenues By Ten Percent --
[17-May-2011]
TIGARD, Ore., May 17, 2011 /PRNewswire/ -- Powin Corporation (OTC BB: PWON), an Oregon-based OEM and direct manufacturer, today announced that its wholly-owned subsidiary, Powin Energy, has entered into a Strategic Cooperation Joint Venture Agreement with Shandong RealForce Enterprises Co., Ltd., (RFE) Jining City, Shandong Province, China, to produce lithium-ion batteries, storage batteries, energy storage power plants, solar cells and related energy products.
The products will be developed and produced in China. They will be marketed in the United States, Canada, Mexico and the Republic of South Africa by Powin Energy, which is working toward becoming a global leader in the manufacture and distribution of wind, solar, battery, energy efficient lighting products and OEM parts.
"We believe this joint venture gives Powin Corporation the realistic expectation of increasing its sales by ten percent within one year," said Ronald Horne, Powin Chief Financial Officer. The Company announced 2010 sales totaling $48 million, up 31 percent compared to 2009.
The new joint venture is named RealForce-Powin, LLC and will be located at Powin Corporation headquarters in Tigard, Oregon.
The total current investment at RFE is $1.2 billion (U.S.) and RFE has more than 2,200 employees, with approximately 200 in its research and development department. Its lithium batteries are especially well known, with long cycle life, high energy density, low self-discharge rate, consistent, safe and reliable operation, rapid charging and green, environmentally friendly properties.
"There is a worldwide demand for the products which the joint venture will be manufacturing and marketing," said Mr. Horne. "We believe this joint venture is the most important in the history of the Powin Corporation and we look forward to keeping our investors updated on our accomplishments and progress."
About Shandong RealForce Enterprises Co., Ltd.
Shandong RealForce Enterprises Co., Ltd. (RFE) http://www.trade.cn/companies/2410/shandong-realforce-enterprises-co-ltd.htm is a high-tech incorporated business firm engaged in manufacturing and sales of lithium batteries and R&D. With picturesque Weishan lake as a backdrop, Jinghu high-speed railway and Jingfu highway close by, RFE' s central location in Shandong, China brings great conveniences to businesses and customers alike. RFE's products include lithium batteries, battery chargers, battery management systems (PCM and BMS). Products are widely applicable to E-bikes, E-motorcycles, EVs, golf carts, lawn mowers, electric tools and toys, portable power supply, safe mining equipments, UPS for hospital, electric power and chemical industry, EPS, telecommunication backup power, photovoltaic and wind power storage, and smart grid storage systems. Batteries can also be used in digital apparatus such as laptop computers, LED torches, digital products and medical equipment. Besides the Shandong headquarters, RFE also has sales centers in Beijing, Shanghai and Shenzhen in China, and branch offices in USA, Germany and Korea to provide convenient technology and business support to customers.
.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. In February 2011 the Company opened a metal manufacturing plant in Mexico and in March 2011 the Company received its registration to open a branch office in the Republic of South Africa. For more information please visit: www.Powin.com.
Contact:
Powin Corporation
Ronald Horne, CFO, 503.598.6659 x 19
ronaldh@powin.com
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
SOURCE Powin Corporation
Web Site: http://www.powin.com
POWIN FIRST QUARTER REVENUES UP 11 PERCENT
Powin Corporation First Quarter Revenues Up 11 Percent to $10.95 Million
Gross Profit Up 11.9 Percent --
TIGARD, Ore., May 13, 2011 /PRNewswire via COMTEX/ -- Powin Corporation (OTCBB: PWON), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, today announced that sales for the first quarter of 2011, ended March 31, totaled $10.95 million, up 11 percent from sales of $9.86 million in the same period in 2010. Powin Corporation posted net income of $31,331 in the first quarter of 2011.
The Company also announced gross profits in the first quarter of 2011 totaled $1.54 million, up almost 12 percent from gross profits of $1.18 million in the comparable period in 2010. The gross profits equal 14 percent of the Company's net revenues.
"Sales are continuing to rebound after several difficult years during a deep, worldwide recession," said Ronald Horne, Chief Financial Officer of Powin. "We are pleased with these results and see the positive trend continuing throughout 2011. We are also very bullish about new manufacturing and other activities at Powin which will be detailed in future news releases."
Powin Corporation also announced that in February 2011 the Company opened a metal manufacturing plant in Mexico and in March 2011 the Company received its registration to open a branch office in the Republic of South Africa. The entire Form-!0Q filing is available at www.sec.gov.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. For more information please visit: www.Powin.com.
Contact:Powin CorporationRonald Horne, CFO, 503.598.6659 x 19ronaldh@powin.com
Paul KnopickE & E Communicationspknopick@eandecommunications.com949.707.5365
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
SOURCE Powin Corporation
GainClients CEO Explains Real Estate Revolution
GainClients CEO Raymond Desmond Explains Company's Revolutionary Lead Generation System to ChartPoppers.com
TUCSON, Ariz., May 12, 2011 /PRNewswire via COMTEX/ -- GainClients, Inc. (OTC: GCLT), announced today its founder and CEO, Raymond Desmond, has been interviewed by ChartPoppers.com on the Company's history, its business plan and future prospects, and how its revolutionary lead generation tool SikkU? (www.sikku.com) benefits everyone in a real estate transaction, including the buyers, the real estate agents, mortgage professionals and title companies.
The entire interview is available at: http: ChartPoppers.com/iReports .
In the interview, Mr. Desmond calls the "SikkU?" system a "diamond" that shines on everyone in the real estate transaction. He explains that it "does many things that one system has never done before."
For instance, by using the text number on the rider on the "For Sale" sign, buyers can learn within six seconds about the neighborhood, mortgage rates, valuations and other key information. The system allows real estate agents, loan officers and title companies to learn about a new client's interest. The SikkU? service also has a quick sharing property link that can easily post property listings on Facebook, Twitter, and 300 other social networking sites.
About ChartPoppers.com
ChartPoppers.com is a small-cap research and investment commentary provider. ChartPoppers.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on ChartPoppers, please visit http://ChartPoppers.com/ireports
ChartPoppers.com Disclosure
ChartPoppers.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. ChartPoppers.com is a Web site wholly owned by Seo Freisin, Inc. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, ChartPoppers.com, for complete risks and disclosures.
About GainClients, Inc.
GainClients, Inc. is a public company currently trading on the OTC Market Pink Sheets under the symbol GCLT.PK. Its primary product, SikkU?, is the first lead generation and lead management service of its kind integrated with local Multiple Listing Service association data, title history reports, mortgage rates, valuations and more. It provides data on three platforms: web sites, text and mobile browsing and is the lowest priced, most effective service of its kind.
Patty FreemanCo-Founder & Corporate TreasurerGainClients, Inc.1-800-920-1605investorrelations@sikku.com
Paul KnopickE & E Communications949.707.5365pknopick@eandecommunications.com
SOURCE ChartPoppers.com
www.prnewswire.com
PWON CFO INTERVIEWED ON 2010-2011 SUCCESSES
Powin Corporation CFO Ronald Horne Discusses Company's 2010 Successes, Future Business Strategies with ChartPoppers.com
TIGARD, Ore., May 12, 2011 /PRNewswire via COMTEX/ -- Powin Corporation (OTCBB: PWON), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, said today that its Chief Financial Officer, Ronald Horne, was interviewed by ChartPoppers.com
The entire interview is available at http://ChartPoppers.com/iReports .
In the interview, Mr. Horne discusses the Company's business plan, its history, and its track record of producing successful products for U.S. companies. Powin's CFO also discusses the Company's Channel Partner Program, in which it assists U.S. manufacturers to enter the Chinese marketplace.
Mr. Horne discusses the Company's 31 percent increase in revenues in 2010, to $48.4 million, and its 30 percent increase in gross profits. Finally, Powin's CFO discusses the Company's new renewable energy product program and its new line of fitness equipment.
About ChartPoppers.com
ChartPoppers.com is a small-cap research and investment commentary provider. ChartPoppers.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on ChartPoppers, please visit http://ChartPoppers.com/ireports .
ChartPoppers.com Disclosure: ChartPoppers.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. ChartPoppers.com is a Web site wholly owned by Seo Freisin, Inc. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, ChartPoppers.com, for complete risks and disclosures.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. It is in the process of registering a branch office in the Republic of South Africa. For more information please visit: www.Powin.com.
Contact:Powin CorporationRonald Horne, CFO, 503.598.6659 x 19ronaldh@powin.comPaul KnopickE & E Communicationspknopick@eandecommunications.com949.707.5365
SOURCE ChartPoppers.com
www.prnewswire.com
GainClients' Real Estate Lead Generation Service, SikkU, Offered Nationally to 1,400 Credit Unions
TUCSON, Ariz., March 31, 2011 /PRNewswire via COMTEX/ -- GainClients, Inc. (OTC: GCLT) is making solid progress with its National Reseller Agreement with Prime Alliance Solutions, Inc. and Prime Alliance Real Estate Services, LLC, signed in late 2010, to provide GainClients' real estate technology service, SikkU, (www.sikku.com), to Prime's 1,400 credit unions with 22 million members across the country.
Since GainClients launched its mobile and web lead generation service for real estate, mortgage and title professionals and buyers searching for just the right home, almost 10,000 users have registered with more than 100 new users added weekly. "Now that SikkU is becoming well known, we expect the number of users to grow dramatically this year," said Raymond Desmond, GainClients, Inc., who developed this first lead generation service offering access on the web, mobile and text platforms.
Prime Alliance has officially added the SikkU service to the list of real estate related solutions it will resell to its credit union customers. "This partnership with Prime will potentially generate millions in revenue for GainClients," said Mr. Desmond.
Through the reseller agreement, the SikkU service will generate $2,500 to $5,000 per month for each credit union Prime signs. Pricing is based on the number of members each credit union has. Prime will also share in set-up costs required to enter into new markets where their credit union customers do business.
"SikkU offers home buyers a state-of-the-art means to quickly and efficiently research properties, learn about neighborhoods, mortgage rates, title histories and valuations. It gives industry related professionals access to buyers, and it takes advantage of what current, young home buyers know best: communicating via text and the web," Mr. Desmond said.
About Prime Alliance Solutions, Inc.
Prime Alliance Solutions, Inc. is the largest credit union service organization and a recognized leader in innovative mortgage solutions offering a full family of real estate solutions, including online applications, loan origination software, loan servicing, closing and settlement services, real estate services, Strategic Mortgage Solutions University and consulting. Visit the website at http://www.primealliancesolutions.com/ims-real-estate-services.
About GainClients, Inc.
Formed in 2001, GainClients, Inc. is a public company currently trading on the OTC Markets under the symbol GCLT.PK. GainClients' primary product, SikkU, is the first lead generation and lead management service of its kind, integrated with local REALTOR(R) association data, title history reports, mortgage rates, valuations and more. Visit the website at www.sikku.com.
Contact:GainClients, Inc.Patty Freeman1-800-920-1605investorrelations@sikku.com
Paul KnopickE & E Communications949.707.5365pknopick@eandecommunications.com
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
From time to time including herein, in any Company documents, or in response to inquiries from prospective or accepted Members, the Company may publish "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. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," or variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The Company undertakes no obligation to update publicly any written or verbal forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE GainClients, Inc.
GainClients Launches Corporate Profile to Introduce Company, Its Business Strategies and Achievements, to Investors
TUCSON, Ariz., March 29, 2011 /PRNewswire/ -- GainClients, Inc. (OTC:GCLT.pk - News), which has revolutionized real estate with its SikkU service, the first lead generation and lead management service of its kind, today announced that a Corporate Profile, a quick, accurate summary of the Company, its services and business strategies, plus the management team's background and additional data is now available for viewing at its web site: www.sikku.com.
The Company anticipates using this document to explain its achievements and future strategies to its shareholders, customers and potential investors. The Profile explains all the different attributes of the SikkU system, which offers home buyers a unique way to quickly and efficiently research properties and which provides a new dimension of marketing for real estate agents and mortgage and other professionals.
SikkU, unlike its competitors, provides its data on three platforms: web sites, text and mobile browsing. "The timing for SikkU is perfect, providing today's savvy, technology oriented consumers with a convenient, excellent search tool, which they are familiar with, and allowing the entire real estate industry to be more successful," said Ray Desmond, CEO and President.
Additional information can be obtained from Paul Knopick, E & E Communications, which has been retained to assist with communications and Investor Relations. Paul can be reach at 949.707.5365 or by e-mail at pknopick@eandecommunications.com.
About GainClients, Inc.
Formed in 2001, GainClients, Inc. is a public company currently trading on the OTC Markets under the symbol GCLT.PK. GainClients' primary product, SikkU, is the first lead generation and lead management service of its kind, integrated with local REALTOR® association data, title history reports, mortgage rates, valuations and more. Visit the website at www.sikku.com.
Contact:
GainClients, Inc.
Patty Freeman
1-800-920-1605
investorrelations@sikku.com
Paul Knopick
E & E Communications
949.707.5365
pknopick@eandecommunications.com
Powin (OTC BB: PWON) CFO Interviewed About $48.4 Million 2010 Revenues
Powin Corporation CFO Ronald Horne Interviewed by Analyst
-- Continued Growth in 2011 --
TIGARD, Ore., March 28, 2011 /PRNewswire/ -- Powin Corporation (OTC Bulletin Board:PWON.ob - News), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, today announced that Ronald Horne, CFO, in an interview with analyst Francis Gaskins, said the Company expects further growth in 2011, including in the upcoming first quarter financial results.
The entire interview is available at: http://gaskinsco.com/pwon.mp3
Powin Corporation recently announced sales in 2010 totaled $48.4 million, up 31.2 percent compared to 2009. In the interview, Mr. Horne carefully details the Company's financial achievements in 2010.
Powin's CFO told Mr. Gaskins that progress with its Channel Partner Program, which allows U.S. manufacturers to introduce and distribute products into China's marketplace, and increased orders for truck parts, which are manufactured in America, will bolster the 2011 financial results. He said he is also bullish on the Company's production of renewable energy parts, again in the U.S., including a complete turnkey line of renewable energy products such as LED lighting and fixtures, wind turbines, solar panels and lithium batteries for storage and backup.
Mr. Horne also details in the interview Powin Corporation's genesis, history, where it manufactures and explains the product mix, which includes more than 2000 different products annually, and the Company's client base.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. It is in the process of registering a branch office in the Republic of South Africa and expanding manufacturing into Mexico. For more information please visit: www.Powin.com.
Contact:
Powin Corporation
Ronald Horne, CFO, 503.598.6659 x 19
ronaldh@powin.com
POWIN (PWON) SALES UP 31.2 PERCENT; TOP $48.4 MILLION
Powin Corporation 2010 Sales Top $48.4 Million, up 31.2 Percent
Positive Trend Expected to Continue in 2011 --
TIGARD, Ore., March 21, 2011 /PRNewswire via COMTEX/ -- Powin Corporation (OTC Bulletin Board: PWON), an Oregon-based OEM and direct manufacturer of outdoor cookware products, gun safes, fitness and recreational equipment, truck parts, plastic products, renewable energy products and furniture for some of America's most well known retailers, today announced that sales for the fiscal year ended December 31, 2010 totaled $48.4 million, up 31.2 percent or $11.5 million compared to 2009 sales of $36.9 million.
The Company also announced gross profits in 2010 of $5.98 million, compared to $4.58 million in 2009 and net income in 2010 of $1.04 million or $0.01 per basic and diluted share. The entire 10K filing is available at www.sec.gov.
Powin also announced a positive cash flow from operations of approximately $3 million in 2010 compared to $635 thousand in 2009. "We are especially pleased that fourth quarter sales were up $1.4 million, or 18.2 percent, compared to 2009. This shows that sales are continuing to rebound from some very difficult economic times and customers are focused on replenishing their inventories," said Ronald Horne, CFO of Powin.
The Company said that it expects significant progress in 2011 from three new, wholly owned subsidiaries developed in 2010. The first, its Channel Partner Program, allows U.S. manufacturers to introduce and distribute their products into China's vast and fast-growing consumer marketplace. The second subsidiary supplies products in the green renewable energy market, including a complete turnkey line of renewable energy products such as LED lighting and fixtures, wind turbines, solar panels and lithium batteries for storage and backup. Finally, the Company is manufacturing its own line of fitness equipment including weight benches, treadmills and exercise bikes under the name Gladiator Fitness.
"We are very pleased by the results that we filed today with the U.S. Securities & Exchange Commission and optimistic that the worst of the worldwide recession is behind us and that we will continue to show progress for our investors in 2011," Mr. Horne said.
About Powin Corporation
Powin Corporation was founded in Tigard, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 original equipment manufacturer products annually as well as being a direct manufacturer. It leases two plants in Oregon and contracts with six in Mainland China and two in Taiwan. It is in the process of registering a branch office in the Republic of South Africa. For more information please visit: www.Powin.com.
Contact:
Powin Corporation
Ronald Horne, CFO, 503.598.6659 x 19
ronaldh@powin.com
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
SOURCE Powin Corporation
www.prnewswire.com
The New Next Generation:
Next Generation Energy Corp. Announces New Business Strategy to Acquire Equity Interests in Proven Natural Gas Resources
--NEXT GENERATION ENERGY CORP. is positioning itself to profit as the natural gas industry is about to expand as a major source of clean, domestically produced energy for the U.S.--
.
LORTON, Va., Dec. 9, 2010 /PRNewswire/ -- Next Generation Energy Corp. (OTC Bulletin Board:NGMC.ob - News) (Nexgen), formerly Next Generation Media Corp., today said it is beginning to update shareholders and potential investors on its new business strategies and accomplishments.
Next Generation Energy is acquiring ORRI (Over Riding Royalty Interests) in producing natural gas wells that have a long, steady, predictable level of production that would be expected to continue for many years. An overriding royalty is the right to receive a percentage of revenues received through the sale of natural gas from a well without the expense of drilling or monthly operating expenses. "The environmental advantage of natural gas over other fossil fuels makes this an excellent sector to enter at this time," said CEO Darryl Reed.
Nexgen believes that by acquiring ORRI in many different natural gas wells it will diversify its risk and revenue stream, which will enable the Company to produce steady returns over a long period of time. By focusing on acquiring ORRI interests in proven producing gas wells, Nexgen will have no operational responsibilities for these gas wells, which will allow it to focus on an aggressive schedule of acquisitions.
The Company is performing due diligence currently on several properties and intends on closing several ORRI's in the first quarter of 2011, which will result in immediate cash flow to the Company. Also, NGMC is currently in negotiations with a large regional bank to secure a line of credit and is also interested in raising capital through equity to further implement its acquisition strategy.
"We fully believe natural gas is going to play a bigger role in the U.S energy plans in the coming years and by acquiring these wells while the price of natural gas is depressed we believe that we will be rewarded in the near future as natural gas becomes more widely used for both power generation and in transportation," said Mr. Reed. "We believe we can acquire energy properties with high intrinsic future value and that we can generate existing, reliable revenue streams by acquiring interests in operating and proven gas and oil wells."
"Natural gas burns more cleanly than other fossil fuels, such as oil and coal, and produces less carbon dioxide per unit of energy released. Burning natural gas produces about 30% less carbon dioxide than burning petroleum and about 45% less than burning coal. This is the cleanest source of power available using fossil fuels," said Mr. Reed.
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
Darryl Reed
CEO
703-372-1282
IR @nextgenerationenergycorp.com
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com
Solving Key Environmental Problem
A 'GREEN' Solution! American TonerServ Announces New Brand of Compatible Toner Cartridge: Rival OEM Alternative
-- Significantly Improved Margins Predicted --
SANTA ROSA, Calif., Nov. 8, 2010 /PRNewswire/ -- American TonerServ Corp. (OTC Bulletin Board:ASVP.ob - News) (ATS), (www.AmericanTonerServ.com), a leader in the highly fragmented $6.0 billion printer supplies and services industry, reports it has introduced its new brand, Rival™, for its own remanufactured toner cartridges. The Company has increased its own manufacturing capabilities in its Tonertype division in Tampa, Florida.
ATS said that all Rival™ products meet all manufacturer specifications, are STMC certified, and are 100% guaranteed to be free from defects in materials and workmanship.
"A lot of companies talk about 'Green' solutions. We are bringing one to the marketplace. E-waste is a growing problem, with more than 400 million cartridges, 1.9 billion pounds of solid waste, discarded annually. It takes 450 years for a laser cartridge to decompose and America uses 375 million gallons of oil to make these cartridges. Our compatible cartridges, guaranteed to be of equal quality to more expensive OEM brands, will help divert millions of cubic feet of material from waste disposal and use 80 percent less energy in their manufacture," said Chuck Mache, CEO of American TonerServ.
"It has always been a goal to build distribution first and then brand our compatible cartridges. Now that we are manufacturing our own Rival™ line and selling it through the distribution we have built, we have greatly enhanced our ability to control the collection of the core cartridge once it is used by our customer," Mr. Mache explained.
"The price of the core cartridge has driven wholesales pricing up to companies like ours who have traditionally purchased from remanufacturers. These price increases have contributed to an erosion of our gross margins. Now that we are manufacturing and selling our own Rival™ brand and collecting our own cores from the end user, we've lessened our dependency on purchasing from the remanufacturers. While we will continue to purchase from select remanufacturers and wholesalers, Rival™ gives us a clear cost advantage over more traditional purchasing methodologies," Mr. Mache said.
About American TonerServ:
American TonerServ (OTCBB:ASVP.ob - News) is a leading marketer of compatible and original-equipment-manufactured toner cartridges. The Company is strategically building a nationwide organization to efficiently serve the printing needs of small-and medium-sized businesses by executing on key organic growth initiatives designed to build sales distribution across the country. In the more than $6.0 billion recycled printer cartridge and printer services industry, the company offers top quality, environmentally friendly products and local service teams to its customers. Please visit www.AmericanTonerServ.com for more information.
Safe Harbor: Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Chuck Mache
President & CEO
American TonerServ
(707) 569-1217
cmache@americantonerserv.com
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com
Courtesy of The Motley Fool, we reviewed 12 of the characteristics that Peter Lynch said are the criteria for the "perfect stock."
Who is Peter Lynch? For those too young to remember, he guided Fidelity's Magellan Fund to an average annual return of 29 percent from 1977 to 1990
1) It sounds dull.
American TonerServ Corp. (OTC BB: ASVP) generated $16.9 milion in revenues in the first half of 2010 (up 23 percent) selling toner cartridges. A little dull.
2) It does something dull.
Making aftermarket cartridges which perform comparably to an OEM cartridge is great for the pocketbook and great for the environment, but it is, uhm, a little dull.
3) It does something diagreeable or gross.
Don't think so.
4) It's a spinoff.
Yes, compatibles are born out of the OEM product.
5) The institutions don't own it, analysts don't follow it.
Not yet and not yet.
6) Rumors abound.
True.
7) There's something depressing about it.
Well, the high cost of the original toner cartridge is depressing. ASVP is trying to solve that problem.
8) It's a low-/no-growth industry.
Pretty much everything is these days.
9) It's got a niche.
A powerful niche. Companies are looking to save money; for better environmental solutions. A beautiful niche.
10) It's a user of technology.
For sure. Technology makes this all go.
11) People have to keep buying it.
Unless they give up printing, the answer is yes.
12) The insiders are buying.
Some are, yes.
So...a perfect stock?
Maybe, maybe not. But, we'd argue, worth your due diligence, especially at these low prices.
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
American TonerServ (OTC BB: ASVP) in news release announced expansion today. We can help with questions:
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949.707.5365
At a nickel now, with almost $17 million in first half revenues, we see lots of room for growth.
I'm here.
They muted me.
Gulp!
Paul Knopick
ACL Semiconductors Sales Up 64 Percent in 2nd Quarter to $74 Million
Press Release
Source: ACL Semiconductors, Inc.
On Monday August 17, 2009, 9:00 am EDT
KOWLOON, Hong Kong, Aug. 17 /PRNewswire-FirstCall/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO - News), one of Asia's largest distributors of memory chip products, today announced that net sales for the second quarter ended June 30, 2009, increased 64 percent to $74 million and net sales for the first six months of 2009 increased to $135 million, from $98 million in the same period in 2008, because of strong demands for its products.
Gross profit increased to $2.2 million in the second quarter, up 58 percent compared to the same period in 2008, and gross profit for the first six months of the year totaled $4.9 million, up from $1.9 million last year.
Net income for the second quarter of 2009 totaled $901,325, or $0.03 per diluted share, compared to $395,427 in 2008. Net income for the first six months of 2009 was $2.01 million or $0.07 per diluted share. The complete filing is available at www.sec.gov.
ACL Semiconductors distributes electronic components under the "Samsung" brand name to the Hong Kong and South China markets. The memory chips are used from everything from a mobile phone, digital camera and laptop computer to an MP3 player or Wi-Fi product.
Safe Harbor: This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the company's products, general acceptance of the company's products and technologies, competitive factors, timing, and other risks described in the company's SEC reports and filings.
CONTACT:
Paul Knopick
E & E Communications
949/707-5365
pknopick@eandecommunications.com
Disclaimer from moderator.
As I said in the very first post, I do investor relations and just jumped in here to revitalize this board.
I'd like to be moderator for a nanosecond and have someone with interest in the stock jump in and take my place.
The effort is simply to share some facts about this company and give people who asked a place to post.
Please do your due diligence.
I'll post a disclaimer with every post.
Thank you.
(Looks like Wall Street Journal proofing soundness of DIAS Holding business strategy.)
DIAS Holding Notes Significant Growth by China in Supplying the World's Auto Manufacturers
Press Release
Source: DIAS Holding, Inc.
On Tuesday June 23, 2009, 5:00 am EDT
-- Proof that DIAS Business Strategy is Sound --
ALLEN PARK, Mich., June 23 /PRNewswire-FirstCall/ -- DIAS Holding, Inc. (OTC Bulletin Board: DSHL - News), owner and operator of an International Auto Salon, with 300,000 square feet of exhibition space for Asian companies to display their abilities as component resources, and Asia Forging Supply (AFS), maintaining a decade long record of success as a one-stop supplier for the auto and other industries, today said it noted with significant interest a recent Wall Street Journal report that said "the stars are aligning for Chinese companies once considered too inexperienced to supply global car makers."
DIAS Holding's subsidiary, AFS, manages outsourced procurement of finished and semi-finished components and sub-assemblies from China and elsewhere in Asia. Its Auto Salon in the heart of North America's auto industry allows Chinese companies to display their abilities and more than 100 manufacturers have already exhibited at the year-round facility. DIAS Holding's sales topped $14.4 million in 2008.
Ms. Tian Ya-mei, Vice President, China Auto Parts and Accessories Corporation, a strategic partner and automotive service provider since 1983, said it will use DIAS Holding's marketing skill, especially in the product areas of braking systems, sensors, electrical assemblies and auto accessories. DIAS Holding maintains a number of strategic agreements with large scale automotive parts organizations and associations in the major automotive manufacturing centers in China.
The Wall Street Journal article said that Chinese auto suppliers, whose products have risen in quality and sophistication, is emerging as the world's No. 1 market for light vehicles. It quoted experts predicting China's car-parts industry will grow to about $350 billion by 2015 and said it expects China to deliver a 5 to 10 percent sales growth this year, displacing Japan as the largest vehicle manufacturer.
The article also said that China's thousands of parts suppliers produce virtually every component including more sophisticated areas such as suspension parts.
"This article, which emphasizes how Chinese operations are poised to increase their share of the business, is excellent proof that DIAS Holding is following a very sound business plan for its future, and for its shareholders," said DIAS Chairman and CEO Eric Huang.
About DIAS Holding, Inc.:
DIAS Holding, Inc. services the multi-billion dollar industry of providing automotive, trucking, railway and petroleum industries with raw, finished and assembled components. The Company's major subsidiaries include Asia Forging Supply Company, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, the largest independent, year-round exhibition center for automotive products. For more information about DIAS Holding, Inc., please visit www.diasholding.com.
Forward-Looking Statement
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete the transactions, which remains subject to a due diligence review by both parties, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.
For more information, contact:
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com
Lars: Hope you're still interested in Forterus.
We're helping them with IR/PR.
Paul Knopick
http://finance.yahoo.com/news/Forterus-Inc-Treatment-prnews-4215014520.html?x=0&.v=2
Interview about Company, its accomplishments and future, available here:
Forterus Inc. Treatment Centers Serving Middle-Class; Rapid Growth Detailed in Paul Howarth Interview
Press Release
Source: Forterus Inc.
On Monday June 15, 2009, 5:00 am EDT
HUNTINGTON BEACH, Calif., June 15 /PRNewswire-FirstCall/ -- Forterus Inc. (Pink Sheets: FTER - News), which, through its ABTTC Inc. division, provides drug and alcohol rehabilitation and a variety of other healthcare services with the highest levels of accreditation, announced today that its founder and CEO, Paul Howarth, was interviewed by analyst Francis Gaskin on the Company's business strategies, successes and future goals.
The complete interview is available at http://www.stoxrox.com/fter-b.mp3
"Forterus is a behavioral healthcare center with emphasis on drug and alcohol abuse treatment. While there are lots of options for the rich and famous, Forterus serves middle-class America that can't afford the high prices of facilities in Malibu or other wealthy destinations," Mr. Howarth said.
He explained in the interview that among the unique aspects of Forterus is Spanish language programs and programs for adolescents that are separate from adult treatment services. Mr. Howarth's significant entrepreneurial background, including previously building a billion dollar business from a start-up, is detailed in the interview.
"We are busy and growing rapidly in a down economy. We will have 80 beds available by the end of this year and perhaps 130 by 2010. We have facilities in Murrieta and Temecula, California, are looking to expand into Ventura County, and have opened a facility in Orange County in Dana Point," Mr. Howarth said.
For more information about Forterus, and the variety of healthcare services it provides, including behavioral, intervention services, drug and alcohol rehabilitation, pain management and physical therapy, visit www.forterushealthcare.com and www.abttc.com.
CONTACT:
Paul Howarth, CEO
888/257-8345
ir@forterushealthcare.com
Paul Knopick
E & E Communications
949/707-5365
pknopick@eandecommunications.com
Forterus has had annual growth rates of 33.7 to 48.9 percent since its founding in 2004. It has already won significant media attention, including in America's largest Spanish language newspaper. Gross revenue projections top $6 million annually and that's without the assumption of debt.
One to consider.
Forterus Has Offered Free Outpatient Treatment to our Military Veterans Back from the War Zones.
USA Today reported today on the enormous amount of alcohol and drug abuse among returning soldiers. It's sad.
Isn't that the kind of Company you want to support.