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DaD2 i suggest treating this as a POSSIBLE trade if conditions are right vs a long term investment as i am seldom to never a long term holder in these small caps. If you noticed in the video i based the play off of support and resistance levels and suggest to play it that way should anybody want to play the stock If support don't hold i always reccomend cutting losses right away vs taking a chance on a bigger loss. I hope that this helps. Chuck
SFIO video chart
http://www.screencast.com/t/NoIOlffl
IGNT video chart
http://www.screencast.com/t/qSrAxgxy
YUCAIPA, Calif., June 12, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News) a leading Medical Device Manufacturer focused in the $8 Billion global Respiratory Markets for the growing ageing population and emerging markets for Home (DME), Hospital and Aviation Industries announced today that the company was notified by Legend Medical Devices that the first production sample product of the Oxyview-Cannula will arrive next week.
Mr. Bill Liang of Legend Medical Devices notified Ingen that the production samples will arrive next week. The company plans on manufacturing an immediate 10,000 Oxyview-Cannula's with first deliveries available for sale before the end of June-2009. The Oxyview is manufactured by Ingen Technologies in California-USA, and bulk product will be sent to China where Legend Medical Devices will attach and package the Oxyview to various nasal-cannulas under the Ingen-Logo and shipped back to Ingen. The company was recently issued patents in China, with pending patents in Europe, Japan, and Canada. This is in addition to the previously issued patents for the USA.
There are a recorded 23 million patients in the U.S. using home oxygen therapy, and all of them, not including hospitalized patients, use several nasal cannula's each month. There are an estimated 600 million patients worldwide that require home oxygen therapy. The current market for the nasal cannula has a cost range of $2-$6 per cannula, and is used for approximately 10 days before disposed. These current cannulas do not include a built-in flow meter. The new disposable Oxyview-Cannula will include the nasal cannula and the Ingen Oxyview flow-meter attached at a cost of $4.75. Typically the nasal cannula is replaced 3-4 times each month because it builds up bacteria and moisture. The average list price for a nasal cannula is $5.75, however. The DME provider is responsible to include the cannula along with the other oxygen equipment reimbursable at a flat monthly rate from Medicare. There are several advantages to using the new Oxyview-Cannula, inclusive of allowing the patient to be assured that they are receiving the prescribed dosage of oxygen where it is needed the most and trouble-shooting equipment problems over the phone with the oxygen supplier preventing an on-site service call. Without the Oxyview-Cannula, patients cannot confirm oxygen flow nearest to them, nor can they actually be assured that the equipment is functioning properly. "The new Oxyview-Cannula should improve home oxygen therapy and decrease costs associated to unnecessary service call," stated Chris Wirth, COO of Ingen Technologies.
The nasal cannula (NC) is a device used to deliver supplemental oxygen to a patient or person in need of extra oxygen. This device consists of a plastic tube which fits behind the ears, and a set of two prongs which are placed in the nostrils. Oxygen flows from these prongs. The nasal cannula is connected to an oxygen tank, a portable oxygen generator, or a wall connection in a hospital via a flow meter. The nasal cannula carries 1-6 liters of oxygen per minute. There are also infant or neonatal nasal cannulas which carry less than one liter per minute; these also have smaller prongs. The oxygen fraction provided to the patient ranges roughly from 24% to 35%. The nasal cannula was invented by Wilfred Jones and patented in 1949 by his employer, BOC.
The company has been selling Oxyview as an individually packaged respiratory product, and has now developed a disposable and more affordable Oxyview flow meter that will be attached and prepackaged to a variety of nasal cannula products for the 23M home oxygen patients in the USA and 600M patients worldwide. The company will sell the new Oxyview-Cannula under the Ingen logo. The potential market size for the new Oxyview-Cannula is a conservative estimate of $200M per year in the U.S. and $150M per year outside the U.S..
"As mentioned in a previous release, the new disposable Oxyview-Cannula should revolutionize the home oxygen therapy market worldwide. There is nothing else in comparison, and Ingen will sell the new nasal cannula at competitive prices starting this month. For the same price, a patient can choose to either have a nasal cannula with or without a flow-meter. I can't imagine that the patient would choose a nasal cannula without the Oxyview included," stated Scott Sand, CEO and Chairman of Ingen Technologies.
About Oxyview:
Oxyview is a proprietary medical device with U.S. issued patents that stands alone in an increasing patient home oxygen therapy market while there are 23 million patients diagnosed with chronic obstructive pulmonary disease (COPD) in the United States, according to the World Health Organization, and another 12 million patients that are undiagnosed in the U.S. COPD is the fifth leading cause of death in the US and there are 600 million COPD patients worldwide where in most cases, COPD is either the first or second leading cause of death in other countries. The majority of COPD patients require continued home oxygen therapy, which includes all of the required equipment supplied by the home (DME) provider. With the new regulations for oxygen reimbursement in the U.S., the home (DME) providers need to cut costs to stay in business. Oxyview provides a substantial savings as a result of decreasing the number of service calls for the home (DME) provider. Oxyview is a pneumatic metering device that displays oxygen flow near the patient. The Oxyview flow meter easily and quickly installs on to the oxygen tubing nearest the patient where oxygen flow matters the most. Without the Oxyview, patients cannot confirm oxygen flow, and as a result there is an increase in anxiety and the patient calls the home (DME) provider with concerns. Oxyview also allows the home (DME) provider to trouble-shoot other equipment problems over the telephone which eliminates an on-site visit with the patient. More important, the Oxyview provides the patient with more assurance that they are receiving adequate and prescribed oxygen flow. The Oxyview costs less than a single service call.
www.ingen-tech.com
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Contact:
Ingen Technologies, Inc.
Chris Wirth
909-790-7180
info@ingen-tech.com
www.INGEN-TECH.COM
Nice day for the stock closed up 25% on increased volume Get this one on radar for tomorrow Support is .75 and .66 There is no resistance on the chart until 1.01
OPCN video chart
http://www.screencast.com/t/Xwx9FFJRt
Congrats to all who got in ONFI today. Support is .09 and .08 Res is .25 and .40
ST. PETERSBURG, FL--(MARKET WIRE)--Jun 11, 2009 -- OptiCon Systems, Inc. (OTC BB:OPCN.OB - News) announced today that through Develco cc, its Business Agent in South Africa, the Company has appointed Mehul Jitendar to locate and negotiate strategic partnerships to sell the OptiCon Fiber Management Software to local telecommunications and private companies in India.
The company released the following statement: "As part of our aggressive global marketing campaign to secure business in emerging markets and nations that have committed resources to expand their fiber optic networks, we have appointed Mehul Jitendar as our agent to contact telecommunication companies in India, which are expanding their fiber optic connectivity throughout the country. We would expect the same success in India as we have received in South Africa hence contributing to our revenue projection for 2010. Almost all of global telecommunications players and governments are in the process of laying fiber to provide the next generation services to their customers and their constituents. This represents a global market opportunity of $50B to $100B for OptiCon. We've had a multitude of inquiries from telecommunications providers in other countries as they continue to expand their fiber initiatives."
About OptiCon Systems
OptiCon Systems, Inc., provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
For more information, please visit www.opticonsystemsinc.com.
Forward-Looking Statements
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Contact:
Media Contact:
OptiCon Systems, Inc.
investors@opticonsystemsinc.com
Great job on the annotated chart SA Im hearing rumor of news around noon for OPCN
NFES Higher highs and higher lows the past 3 days Support is the 20 MA line of .63 and .60 Resistance is 1.01 with nothing above.
Updated NXPN video chart.
http://www.screencast.com/t/rJCPDLLSxYt
EREI very nice run today on increased volume and we got the golden cross that i spoke about on the video chart however be careful of the gap that the stock left today as it may come back to fill. Support is .01 Resistance is .02 and the 200 MA line of .03
Nice run today up 36% and closed above the 20 MA line Support is the 20 MA line of .222 and .2133 resistance is .34 and a possible test of .42
Closed at the hod .19 up 35.71% congrats to all who got in on this mornings alert. Keep this one on watch tomorrow as we have broke all recent resistance levels Support is .18 and the 200 MA line of .115
SOHM Receives B.F.A.D. (Bureau of Food and Drug Administration) Registration for Generic Pharmaceutical Sales in the Philippines
B.F.A.D. Registration Opens Large-Scale Sales Channel in the US$1.8 Billion Philippines Pharmaceutical Market Which Is Growing at Over 10% Annually
On Wednesday June 10, 2009, 9:00 am EDT
Buzz up! Print BUENA PARK, CA--(MARKET WIRE)--Jun 10, 2009 -- SOHM, Inc. (Other OTC:SHMN.PK - News), a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories announced today that the Company has received B.F.A.D. (Bureau of Food and Drug Administration) Registration for generic pharmaceutical sales in the Philippines. The Company has many open large-scale sales channels to take market share in the US$1.8 billion Philippines pharmaceutical market which is growing at over 10% annually. Generic pharmaceutical sales in the Philippines target market is expected to contribute revenue and enhance earnings per share in the current quarter.
Vice President for Corporate Strategy at SOHM, Inc., Shailesh Shah stated, "SOHM's strategy is to capture specific areas of the Philippines generic drug market and we have been very successful creating sales channels in this underserved market. The current role of the pharmaceutical industry's sales and marketing workforce will be replaced by a new model over the next ten years as the industry shifts from a mass-market to a target-market approach to increase revenue. In view of enormous growth prospects in the Asian pharmaceutical market we are far ahead of our competition in the development and implementation of our Asian sales strategy.
About SOHM, Inc.
SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Global headquarters is located in North America with manufacturing sites in India. Generic pharmaceuticals are exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia. www.sohm.com
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of SOHM, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
For more information, please contact:
SOHM, Inc.
Investor Relations
(714) 522-6700
Email Contact
INDR Video chart
http://www.screencast.com/t/1ue6GlX3
Hey gang get this one on radar not much of a chart but im hearing some buzz on this one.
Hey buddy Nice job on the chart as usualPerson mark added. GL on IGNT.
IGNT has had a very nice past couple of days congrats to all who took advantage of the alert up 320% today on $3888234 total dollar volume.
NXPN get this one on radar as im hearing some buzz on it. Possible bottom in at .15 Support is the 50 day MA line of .171 next is .153 Resistance is .1667 .2133 and the 20 MA line of .222 If we can break the 20 MA line we could possibly test the next resistance levels of .34 and .35 Personall i wouldn't be afraid to hold this stock over the weekend and into next week if the support levels hold.
I send out a radar list every Sunday via email My contact info is in my signature.
Very good day for the stock on a little over 9 million shares traded Support is .029 and .025 Resistance is .04 and the 200 day MA line of .0438 With a break of the 200 MA line we could possibly test the .061 area
Up 25% on increased volume from this mornings alert Watch this one for a possible continuation. Support is .11 resistance is .18 and .20
Congrats to all who took advantage of the alert on IGNT. Support is the 20 MA line of .00215 resistance is .0047 and .007
PHOENIX, AZ--(MARKET WIRE)--Jun 8, 2009 -- The Amergence Group (Other OTC:AMNG.PK - News) and PanPacific Business, Ltd. of Hong Kong (www.yespanpacific.com) have agreed to enter into a joint venture where PanPacific will locate successful China-based businesses wishing to merge with Amergence-supplied bulletin board and NASDAQ reporting shell companies domiciled in the United States.
The Amergence Group will supply all of the professional expertise required to successfully complete each merger once PanPacific delivers an acceptable Asian-based merger candidate. The Amergence Group will retain an equity position in each completed transaction and plans to distribute a portion of that equity to its shareholders.
"By working with PanPacific Business, Amergence will have its eyes and ears halfway around the world in our search for optimum merger candidate companies," says Peter Jacobs, Amergence's managing director.
ABOUT THE AMERGENCE GROUP
The Amergence Group (www.amergencegroup.com) creates innovative services and assistance to development and early stage businesses with a goal toward accelerating their plans to complete development and market edgy or disruptive technologies. Amergence will earn equity for its assistance and expects to share that equity with its shareholders in the form of dividends.
The Company's Tranzbyte division focuses on the development and marketing of optical and solid state media enhancement technologies such as DVCD(TM), CDMX(TM), and FlashCDMX(TM) for DVDs, CDs, and Flash Ram respectively.
ABOUT PANPACIFIC BUSINESS, LTD.
PanPacific Business Ltd. (www.yespanpacific.com) provides one-stop shop solutions on out-of-home advertising opportunities. The Company offers premium advertising space and quality printing production throughout China. In addition, the Company joint ventures major live headline entertainment throughout China with its head office located in Hong Kong.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.
Contact:
Company and Contact:
Peter H. Jacobs
Managing Director
The Amergence Group
md@amergencegroup.com
14220 N. Northsight Blvd., Suite 139
Scottsdale, AZ 85260
(480) 443-1600
John Martin
President
PanPacific Business, Ltd.
1702 Chinachem Tower
34-37 Connaught Road
Central Hong Kong
NGHI keep this one on radar for a possible continuation Alerted around the .12 area, Congrats to all who got in Support is .385 and the 20 MA line of .329 resistance is .62
Get this one back on your radars again, Nice green volume spike today and a break above the 20 MA line. Support is .10 and .08 which must hold to remain in play imo Resistance is the 50 MA line of .12 and the 200 MA line of .13 If we can get through them levels i believe that we could possible test the .16 to the .23 areas.
NGHI Up 8% today and building a nice chart here imo Im suggesting to keep NGHI on your watch list. Support is .385 and the 20 day MA line of .308 I don't see any major resistance until .62
Up 8% today and building a nice chart here imo Im suggesting to keep NGHI on your watch list. Support is .385 and the 20 day MA line of .308 I don't see any major resistance until .62
A very nice day for MCIO closed +50% Support is .11 and .05 res is .15 .16 and .20
Nice move off a possible bottom yesterday. Support is the 20 MA line of .302 and the 50 MA line of .283 Resistance is .385 and .62
Nice move off a possible bottom yesterday. Support is the 20 MA line of .302 and the 50 MA line of .283 Resistance is .385 and .62
SAN JOSE, CA--(MARKET WIRE)--Jun 4, 2009 -- MineCore International, Inc. ("MineCore") (Other OTC:MCIO.PK - News) discusses Ammolite, the rarest gemstone in the world, which MineCore has ammolite bearing concessions in Canada, the only known deposit of gemstone quality ammolite in the world.
Ammolite is a precious gemstone produced from Ammonite fossils. Stripping off a thin outer layer of the Ammonite shell skin and polishing the fossil skin produces the gemstone ammolite. The after polishing will be either a flat natural ammolite with a backing thickness not exceeding 1.5 mm or, depending on thickness and stability, the flat thin ammolite gemstone is manufactured into triplets which are composed of a natural backing, a colorful ammolite center and a synthetic protective caplet. Spinel is used in the industry as the synthetic caplet as compared to glass, which is used in the opal industry for caplets. MineCore aims to use non-gemstone sapphire instead of spinel for the caplet. This would allow MineCore to earn extra profits from its non-gemstone sapphire waste.
"Ammolite is one of the rarest gemstones in the world and has equally strong masculine and feminine appeal. We plan on using non-gemstone sapphire from our future Madagascar operations for the caps of the triplets. This would enhance the strength and durability of the triplet and increase the value of the ammolite gemstone. We believe that using sapphire as the caplet will create new markets for both sapphire and ammolites. The sapphire-ammolite triplet gemstone would be superior to the industry spinel capped triplet. We believe that the combination of the operations will benefit each other and add to shareholder value."
The Ammonite fossils are the hard shells of extinct mollusks that existed for over 330 million years and became extinct approximately 71 million years ago. Ammonite fossils are found on every continent ranging in appearance, form and color. The beautiful array of colors found in Ammonites from Southern Alberta comes from light interference or reflection by the various shell layers. Ammonite fossils have been found in virtually every natural occurring color and are being sought out by collectors all over the world. Ammolite gemstones come in seven distinct colors: ruby crimson, fiery orange, amber yellow, emerald green, jade, azure and mauve. The CIBJO International Commission of Colored Gemstones recognized ammolite as a gemstone in 1981. Additional information on ammolite can be viewed at: http://www.minecore.com/canada.html.
MineCore's wholly owned subsidiary, American Gem Corp. (AMC) has exploitation concessions on 963.92 hectares of Ammonite shell bearing properties granted by six permits under the Province of Alberta's Ammolite Shell Regulation in the Ammonite rich districts of Alberta, Canada. The presence of gem quality Ammonites was confirmed in an evaluation by Sproule Associates Limited (Sproule), Geological and Petroleum Engineering Consultants of Calgary, Alberta in January 2004.
MineCore purchased AMC in 2005 to expand its future operations in the colored gemstone market. MineCore reviewed the ammolite product line and the potential of the products. "We foresee a huge market for ammolite stones and jewelry," stated Jerry G. Mikolajczyk, MineCore's Chief Operating Officer.
MineCore intends to refine its waste to produce pure sapphire crystal to maximize on the hi-tech market's demand for clean energy and other applications. MineCore has developed a process of economically mining sapphires at the lowest possible cost in the industry. The first open pit strip mine is scheduled for production in 2010, subject to completion of financing of $50 Million. MineCore estimates the first full year of production to be 9.8 million grams of sapphire with production increasing to 74 million grams by year nine. Based on the results of the tests performed, approximately 25% of sapphire production will meet MineCore's high standards for gem quality sapphire (grade 7 or higher) with the remaining 75% deemed waste, non-gemstone sapphire. A detailed discussion of the sapphire gemstone business plan can be viewed at: Minecore Discusses Sapphire Gemstone Business Plan and Market (http://www.minecore.com/press_releases/MineCore%20Discusses%20Sapphire%20Gemstone%20Business%20Plan%20and%20Market%205_20_09.pdf) Marketwire (Thursday, May 20) (http://www.marketwire.com/press-release/Minecore-International-Inc-992395.html).
MineCore believes that its planned sapphire project for Madagascar is a highly desirable and economically compelling project in a growing under-serviced market.
About MineCore
MineCore is an exploration company, as defined under SEC Industry Guide 7. The Company's mission is to successfully identify, acquire and develop mineral properties with a program to commence mining operations and develop solid growth with profitable operations. MineCore is planning to bring its sapphire properties in Madagascar into production in 2010 upon successful financing to sustain operations and administration costs. For further information on MineCore visit: http://www.minecore.com
This Press Release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining to the mining and manufacturing operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in our recent filings. Under no circumstances does this Press Release constitute an offer to sell or a solicitation of an offer to buy the securities of the company described in this Press Release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction.
Contact:
MineCore Investor Relations Department
telephone: 1-408-907-4229
e-mail address: Email Contact
http://www.minecore.com/
Source: Global 8 Environmental Technologies, Inc.
Global 8 Environmental Technologies, Inc. adds depth to Board of Directors
Board of Directors unanimously elects entrepreneur, Harvard lawyer, Fulbright fellow, and humanitarian Daniel H. Wolf
Newport Beach-Global 8 Environmental Technologies, Inc. (OTCBB: GBLE), a company committed to preserving our planet through environmental consciousness, technology and education, announced today that Daniel Wolf, J.D., CEO of Advanced Earth Technologies, has joined Global 8's Board of Directors.
"I speak for the entire Board of Directors when I say that we are delighted with Daniel's appointment," said Julio Ferreira, president and chief executive officer of Global 8 Environmental Technologies, Inc. "We have had a string of announcements over the past few weeks, all of which are clear indications that we are at the beginning of a new phase of growth. Daniel's appointment is an important part of that growth. His exemplary record of leadership and deep knowledge of the environmental industry makes him an invaluable addition to the Board."
Daniel Wolf founded his first technology company in 1998, and has consulted to several startups in the renewable energy industry, including biomass gasification and pyrolysis. A former Fulbright Fellow, he is a graduate of HarvardLawSchool and did his doctoral work in Political Science at the University of California, San Diego.
Mr. Wolf brings a record as an astute analyst of problems and creator of effective solutions in business, political and civic affairs. He gained international recognition in the landmine clearing industry from an influential series of articles in leading industry journals in which he set forth a new model for organization, finance and technology application in global landmine clearing. As founding director of the TransBorder Institute at the University of San Diego he conducted negotiations to share resources with a Mexican university and to establish a structure for international water recycling. He also created a permanent management structure that resolved disagreements among stakeholders and mobilized support for the mission of the institute as high as the California Governor's Office. As a young man he organized at the request of the AFL-CIO an unprecedented coalition of civic organizations to lobby Oregon's US Senators for national reform of labor law.
As a legal professional he advises on corporate and governance matters including intellectual property protection strategies, Reg. D compliance, and S.E.C. requirements.
He is well-networked, has developed relationships worldwide, and has direct ties with former First Nations tribal leaders in Canada. He is a close associate of Global 8 CEO Julio Ferreira, with whom he co-founded the Brazil-U.S. Green Technology Trade Association (Braseuverde), an organization forwarding green technology and renewable energy in the United States and Brazil. He is literate in several languages and speaks Spanish fluently.
"The world is entering a period of environmental crisis," said Mr. Wolf. "How we meet this crisis will determine both the quality of life we maintain in the near term and the very world we leave to our grandchildren. National economies increasingly will become the weapons of geopolitics, and businesses built on sustainable models will have a strategic edge in the battle for survival. I am looking forward to helping Global 8 establish itself in this new reality and to become a leader in the world of sustainable business."
About Global 8 Environmental Technologies, Inc.
Global 8 Environmental Technologies, Inc. works with world-class partners and consultants to provide solutions for the health and recovery of our environment. The company has the vision, the people, the know-how, the technologies, the financing and the contracts. It applies all these resources to create a clean and healthy global community for the next generation in a way that provides environmental and financial benefits to all our stakeholders. For more information, visit: http://www.g8et.com.
Forward-Looking and Cautionary Statements:
Certain statements contained herein, including, without limitation, statements containing the words "believes," "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 7A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include but are not limited to that we are in the process of furthering several of the key milestones we achieved last year and creating new growth opportunities for Global 8 and its subsidiaries, and that we will continue to locate new projects and strategic partnerships in 2009. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Global 8 Environmental Technologies, Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Global 8 Environmental Technologies, Inc. disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.
Contact:
Global 8 Environmental Technologies, Inc.
Julio Ferreira
Phone: 949-718-4425
Fax: 949-721-6650
mediarelations@g8et.com
Web: http://www.g8et.com
Thanks
Chad Burback
1-403-846-3685
www.g8et.com
Trading Symbol GBLE
HE-5 Resources Corp. Announces the Closing of a Convertible Debenture for a Sum of $500,000, and Ongoing Negotiations for a Revolving Line of Credit of $1,000,000 USD
NEW YORK CITY, NEW YORK--(MARKET WIRE)--Jun 3, 2009 -- HE-5 Resources, Corp. (PINKSHEET: HRRN) Announces the closing of a private placement for a total value of $500,000 in equity and ongoing negotiations for a bridge loan in the form of a revolving line of credit of $1,000,000 USD
Management has concluded the convertible debenture last night with the Private Equity Finance Group Jameson Capital SARL, and negotiations for a revolving line of credit of $1,000,000 USD are still in the works. Considering the current under value of the stock price, the Company officers have decided that it would be in the best interest of all involved parties and shareholders, to fund the operations on a temporary mezzanine financing bridge, instead of diluting the company's stocks anymore at these price ranges.
Secondly, the reason for negotiating a revolving line of credit is to allow the Corporation to use proceeds only as they become necessary, therefore reducing the debt ratio exposure only to the sums utilized. Furthermore, management is of the opinion that the current share price is not reflecting the Company's High Potential as the reorganization of the core activities have just begun.
The convertible debenture is for a 3 year term, bearing interest at prime rate plus 2% a year. Interests are payable quarterly. In regards to the revolving line of credit, management is confident to come to terms before the end of the week.
The convertible debenture proceeds will be utilized for the opening of new sales offices as well as for expenses related to the development of the Trading Barter Bank platform and operations.
We have been very impressed with the recent interest for our company's concept and reactions to presentations of our new Flagship project "Trading Barter Bank". The numerous number of inquiries of the last 10 days are quite factual to us and are demonstrating that the "Trading Barter Bank" is directly on target in the commodity sector its positioned.
About "Trading Barter Bank"
Trading Barter Bank is our Company's Core Business Flagship Project. During the first quarter of 2009, HE-5 acquired TB BANK Software and Intellectual Property for Exclusive World Distribution Rights. This Exclusive Virtual Transactional Platform offers unique and Proprietary Features for secured transactions of sales of products and services, for which members can pay for in cash or in Trading Barter Dollars.
Trading is the action of exchanging goods, services, or both utilizing parallel currencies. Our Trading Membership Program is made available through our Virtual Community Services Environment. Trading is also the main business foundation of our operations translated in a Deal Making Strategic and Commercial context. Our main stream is primarily focusing on Barter Trades, but transactions can be made in cash and or combination of both.
Barter is the exchange of one commodity or service for another without the use of money as a medium of exchange. Our Members utilizes our Barter Currency the TBB Dollars. Our Barter Credits are available to Trading Members and are equivalently valued to the US Dollar. Purchase agreement can be made among Trading Members of Our Virtual Business Community Hub and calls for the exchange of stated amounts in TBB Dollars.
Bank is the amalgamation of services provided to Members in 100% Secured Transactional Processing (Secured by third party), for acquisition of goods and or services. TBB Dollars are valued at equivalency of US Currency Dollars for Dollars. Our Company offers other Barter Banking services to qualifying Members. Our Bank also stands for valuable information and pools of knowledge, experience and contacts available and deployed throughout our Virtual Business Community Bank of services.
"We trade" is our commitment; our business is to make yours successful!
For more information please visit our Web Site at www.tradingbartercorp.com
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
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Contacts:
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Investor Relation
1-347-468-7343
HE-5 Resources, Corp.
info@tradingbartercorp.com
info@he-5resourcescorp.com
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SCOTTSDALE, AZ--(MARKET WIRE)--Jun 3, 2009 -- Northern Explorations Ltd. (OTC BB:NXPN.OB - News) ("Northern," "Norex" or the "Company") is pleased to announce that the Company has acquired its first gas well at the Ozona gas project, Crockett County, Texas as part of its acquisition agreement with Dominus Energy AG.
The gas well is included as part of the package acquired at the Ozona Project by the Company and provides Norex with a current producing asset with daily gas production sales. Northern Explorations d.b.a. Norex Energy is therefore in production at Ozona.
The natural gas well was drilled, cased, completed and stimulated in the Wolfcamp Canyon Sandstone Formation. Upon tie-in to the pipeline infrastructure, the well has been producing gas since May of 2009 at daily rates of 200 MCF per day.
Estimates of gas reserves associated with this well are approximately 0.5 BCF. The gas is sold under a purchase agreement with Eagle Rock Energy and is currently priced at a bid-week production price of $4.04 per MCF.
This initial well is the first of 20 wells that will be drilled and completed on the leased acreage. Further details will be announced to stakeholders regarding the timing of the on-going development plan at the Ozona Project.
Norex President Mark Schaftlein states, "The inclusion of the production well in the purchase package acquired by Norex is a huge boost as it immediately transforms us into a cash flow positive position. We have effectively sidestepped the time line that normally occurs during the development of a first well of a program. Having acquired immediate gas production is a large step forward for the Company."
About the Ozona Gas Project:
The project encompasses approximately 9,000 acres and is a well documented and prolific location enjoying the presence of actively established companies such as Chesapeake, Devon, EOG, XTO, and Quicksilver Exploration. Norex is currently producing gas at Ozona. Norex has acquired a 63% Working Interest in the project located near Ozona in Crockett County, Texas. Under the terms of the underlying agreement with the vendors, Norex will receive a 47.5% Net Revenue Interest in all natural gas production from the project.
ABOUT NOREX ENERGY (NORTHERN EXPLORATIONS LTD.) (OTC BB:NXPN.OB - News)
Norex Energy (Northern Explorations Ltd.) is an energy exploration Company currently developing natural gas projects across North America. The Company has acquired working interests in natural gas assets located in Texas as well as projects in California and Alberta, Canada. The projects contain documented gas reserves and associated plant, pipeline and infrastructure currently in place.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Norex Energy (Northern Explorations Ltd.)
Mark Schaftlein
President, CEO
To find out more about Norex Energy or Northern Explorations Ltd. (OTC BB:NXPN.OB - News), visit our website at www.norexenergyinc.com.
Contact:
Information: 1-(866) 570-9822
Northern Explorations Ltd.
NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets: SFIO - News) ([url=http://www.smokefree-innotec.com]Welcome to the Future - Smokefree Innotech Inc.>) today announced that it has strengthened its distribution network by adding Netherlands-based V.C.T. bv (Verkoop Centrale van Tabakproducten) as distributor for the Netherlands and its daughter company De Jeager Tobacco bvba in Belgium. VCT is a major independent player in the tobacco industry in the Benelux and manufacturer of 13 cigarette brands. VCT Chief Executive Officer, Mr. Alfons Ravelli, is very interested in positioning Smokefree Innotec’s tobacco innovation, the world’s first totally smoke-free, electronic cigarette and has offered Smokefree Innotec office and warehouse space as well as logistic support in the start-up phase. Diederik van Duyn, a member of Smokefree Innotec’s advisory board, commented: “We are very excited about VCT joining our team. I have known Mr. Ravelli for many years and his cutting-edge companies are always launching innovative products, like kretek-cigarettes, cigarettes for the ladies market, water-pipe tobacco and now our first smoke-free, tobacco-based, electronic cigarette. I emphasize that the cooperation with a renowned player in the tobacco industry will prove of major importance to the introduction of this tobacco-innovation into Tobacco Retail and Convenience outlets in Western Europe. I expect more tobacco companies to follow in VCT´s steps.”
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless tobacco innovation. Our Patent Pending, odorless cigarette-style electronic device utilizes a liquefied, vaporizable depot of a raw, unmanipulated extract of tobacco. Smokefree Innotec’s products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking. Please visit our website [url=http://www.smokefree-innotec.com]Welcome to the Future - Smokefree Innotech Inc.> for more information about the Company and our new product.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of Smokefree Innotec, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Contact:
Smokefree Innotec, Inc.
Russell Kidder
702-418-4619
Keep this one on radar as we continue to trade above the 200 MA line the past few days Also note that the 20 MA line has recently crossed through the 200 day MA line as well The RSI just entered the powerzone and the MACD continues to head north. Support is .70 which needs to hold imo as the next major support levels are .57 and .54