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Good morning Brick and all - eom.
CICS news Carbonics Announces Agreement with Great Plains Oil & Exploration
Carbonics Capital Corporation (OTCBB: CICS) today announced the execution of an agreement with Great Plains Oil & Exploration, LLC (“Great Plains”) to lease Carbonics’ oilseed crush plant in Culbertson, Montana (“Culbertson”). Great Plains is leasing the facility in further development of their oilseed production program.
Culbertson was previously unable to renew its working capital line of credit during the second half of 2008 and was therefore unable to complete its purchase of delivered oilseed inventory. Culbertson later cooperated with the Montana Department of Agriculture and the North Dakota Public Service Commission to liquidate and pay for the delivered crop. After several months of difficult work, and the tremendous efforts of Montana and North Dakota regulatory officials, Carbonics reported that the liquidation was complete in early October 2009. Now, with this lease agreement, activity is occurring at the facility in an effort to resume and revive operations.
Culbertson consists of oilseed handling, storage and processing infrastructure, including mechanical crush and vegetable oil refining equipment. It has over two million gallons of crude vegetable oil storage, over one million bushels of oilseed storage, and over four thousand tons of meal storage. Additional infrastructure includes a rail siding, truck and rail scales, and major U.S. highway frontage.
Dr. Paul Miller, Carbonics’ president and CEO stated, “Activity at Culbertson is very important right now. A completely shut facility is not an ideal situation and this lease keeps personnel on sight, augers conveying, and trucks rolling. We are delighted that Great Plains shares our belief in the value of Culbertson, the region and the opportunities for oilseed production and processing.”
Sam Huttenbauer, CEO of Great Plains Oil stated, “We are delighted to be able to add the Culbertson facility to our growing list of camelina storage and processing facilities. This will provide an important central hub for our camelina growers in eastern Montana and western North Dakota.”
MEDT news - Mediatechnics expands customers base for DVD duplication and fulfillment services division, anticipates major sales growth
Press Release
Source: Mediatechnics Corporation
PLACERVILLE, CA, Oct. 29 /PRNewswire-FirstCall/ - Mediatechnics Corporation (MEDT.PK) is pleased to announce to shareholders that the company's duplication and fulfillment service division has tapped into a multi-billion dollar market of companies and organizations in need of such services.
San Francisco's Ron Blatman, Executive Producer of the public television series Saving the Bay says, "Mediatechnics solved our fulfillment needs in a simple, efficient and cost-effective manner when we were seeking a DVD manufacturer and distributor for our popular and acclaimed series narrated by Robert Redford.
"Mediatechnics President Rick Wilson and his staff are knowledgeable, accessible and laser-focused on customer service. Wilson even took the initiative to research and evaluate toll-free telephone services in time for Saving the Bay's, (http://www.savingthebay.org/) first broadcast and made a Blu-ray version of the series possible by structuring a financially feasible way to deliver these high definition discs. I approached fulfillment companies across the country, and while impressed with several, Mediatechnics stood out as the resource best suited to handle our growing needs."
Wilson says, "We are receiving inquiries almost daily from other companies or groups in need of DVD fulfillment services, (http://www.mediatechnics.com/dvd-fulfillment-services.html) many being direct referrals of current clients. Our program for these customers is easy to implement and highly cost effective for them. In most cases, it would be impossible for them to develop their own distribution system for a comparable amount. We handle every aspect of our clients' needs- DVD authoring, duplication, packaging, credit card transactions, website
design and implementation, customer confirmation, tracking numbers and mailing out the DVD's."
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IARO news IAE Announces $2.45 Million USD Contract
Press Release
Source: International Aerospace Enterprises, Inc.
On 1:20 pm EDT, Tuesday October 27, 2009
International Aerospace Enterprises, Inc.
ONTARIO, Calif.--(BUSINESS WIRE)--International Aerospace Enterprises, Inc. (OTCBB: IARO - News) today announced that the company has received a contract of $2,450,000 USD for military aircraft spare parts. The contract calls for the delivery of the parts prior to the end of this fiscal year.
John Peck, IAE’s Chief Executive Officer, stated, “This contract, combined with the others announced earlier by IAE, totals $16,000,000 USD. The $16 million in contracts have been received by IAE since the return of Saffet Uslu, IAE’s President, from his Middle East trip earlier this year.”
XMDC volume .104!!
Congrats All!!
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