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ONTC
0.0137 0.0009 (7.03%)
Volume: 5,546,337 Ask 0.013x solid potential up 7% and should go higher charts are looking good here.
ONTC new guys!
Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., is Working With a Global Commercial Property Owner and Expects That the Total Value of Contracts Will be in Excess of Several Million Dollars
MIAMI, July 26, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), is working with a global commercial property owner on energy efficiency lighting reviews for their property portfolio.
Dror Svorai, CEO of Onteco, stated, "NexPhase has been asked to perform and to provide energy efficient lighting retrofit solutions for a global commercial property owner. NexPhase was selected for its superior product offerings that meet all required safety and performance standards. In addition our engineering and design excellence allows us to perform these activities in a timely and efficient manner. We have already started the process and to date have provided several substantive proposals for selected facilities. We will continue this process over the next several periods and fully expect that we will have contracts to announce in the coming quarter. The economics of our solutions are very compelling and the ROI (Return on Investment) for these projects are often less than two years. We expect that the total value of contracts yielded from this relationship will be in excess of several million dollars."
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
ONTC
Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., is Working With a Global Commercial Property Owner and Expects That the Total Value of Contracts Will be in Excess of Several Million Dollars
MIAMI, July 26, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), is working with a global commercial property owner on energy efficiency lighting reviews for their property portfolio.
ONTC :
0.0136 0.0008 (6.25%)
Volume: 5,276,337 Ask 0.0137x
looking great here
ONTC Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
ONTC game plan.
announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
ONTC potential starting to shape up nicely.
[-chart]stockcharts.com/c-sc/sc?s=POPT&p=D&yr=0&mn=3&dy=0&i=p51668650468&a=173671755&r=9651[-/chart]
With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
0.022 on the ask and almost 2mill volume holding.
ontc :
Who We Are
Onteco Corporation is focused on the investment in, and the development of, proprietary technologies that target alternative energy marketplaces domestically and globally.
Its current investment focus is within the Energy Saving Lighting Industry. As a result it acquired NexPhase Lighting, Inc., in February 2011.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary “NexSense Technology TM”, which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, “patent pending’ wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
Onteco Corporation believes that the proprietary technologies and intellectual property of NexPhase represent our potential for rapid entry into the domestic and global markets focused on the energy saving lighting, with the potential for immediate, sustainable revenue growth, cash flows and high return on investment.
Onteco has focused on the commercialization of proven technologies to address the areas of, sewer, sludge conversion, used tires, and plastic recovery. It also intends to search for a merger or acquisition partner to develop its focused business Green Energy Technology. The company was formerly known as InfoSpi Inc. and changed its name to Onteco Corporation in March 2011. Onteco Corporation was founded in 2007 and is headquartered in Aventura, Florida.
Going forward, Onteco Corporation will continue to seek opportunities that represent rapid revenue generation and sustainable competitive advantage in areas of alternative energy generation and energy savings.
Onteco Corporation is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, “ONTC”, and within the OTCQB market tier. As such, Business, operational and financial information on Onteco Corporation is fully transparent and available to public view. Visit www.otcmarkets.com for more information.
consolidating ask is at 0.0125 again volume is also coming up.
thats good still squeezing out movement just wanna see it go green again we are so close to it too.
I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
ONTC Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
this is looking good, movements are still accruing but still could come back up, pushing its way up still at 0.0124ask slowly moving.
we have potential volume almost at 1mil
ontc yesterdays news hit and this is what we got out of it. so far ceo has a plan for success just need and time and dedication.
MIAMI, July 21, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
ONTC little bit about where we are at.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
1. Increase in Authorized Shares to 350,000,000
Haim said in an email that he needs additional shares for ammunition to go to war. Many of these will go to IBS as part of the buyout for the technology. I keep checking Edgar Database for updates about the new shares.
Business areas:
1. Technology :
a. Signed contracts with proposed treatment facility in Argentina
b. Development of sludge plant outside Montreal
c. Signed contract with Israel project
d. Building of demonstration plant in Florida
e. Additional sludge plants (I recall reading that there were five total they were looking for development with IBS)
f. Additional information about how ISPI will benefit from the agreement IBS has entered into a contract with Tedagua (www.tedagua.com), a member of the ACS Group (www.acscorporate.com). Tedagua is a worldwide leader in the industry of water treatment plants operating projects in many cities of Mexico, Central and South America, Africa, China and the Middle East.
ONTC is diffidently a steady mover, charts are looking great here some much potential for greens. thanks for the nice chart looks like lots of nice bounces have been incurring
ONTC news hit today!
Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., is Undergoing a Site Search Review in Order to Find a New Headquarters and Manufacturing and Distribution Facility That Will Meet Our Future Business Expansion Plans
MIAMI, July 21, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
ONTC news update Thursday
Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., is Undergoing a Site Search Review in Order to Find a New Headquarters and Manufacturing and Distribution Facility That Will Meet Our Future Business Expansion Plans
MIAMI, July 21, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
ONTC up 5% ask 0.0125x getting good solid hits nice support with high volume she is setting for a big move imo check out the charts or on ontc board
ONTC news hit ceo has a good plan for the future!
Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., is Undergoing a Site Search Review in Order to Find a New Headquarters and Manufacturing and Distribution Facility That Will Meet Our Future Business Expansion Plans
MIAMI, July 21, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
ONTC news future plans and whats expected.
MIAMI, July 21, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
looking like we are getting some great hits here, whole section in green support on 0.0125 is very high volume is massive, shes running like a champ.
ONTC future plans.
MIAMI, July 21, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
ONTC doing great solid support nice action.
news hit today wanted to share you all.
Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., is Undergoing a Site Search Review in Order to Find a New Headquarters and Manufacturing and Distribution Facility That Will Meet Our Future Business Expansion Plans
MIAMI, July 21, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.
Ty Ramsey, COO of NexPhase, stated, "I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com