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chart :
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.
ONTC big potential for the future looks at whats going on here.
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 2% and updated PRs
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
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.
starting to take a rise 0.0125ask volume is 3.5mill and green 1/2% looking steady.
ONTC doing good solid plans 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 chart guys PRs hit today doing pretty well.
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 todays updated news
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 update! great plans
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 people look at whats goin on heading for a good 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 big potential news out!
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 updated PRs/
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.co
ontc :
news guys>
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.co
ONTC news updates high potential here guys take a good look!
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 updates!
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
always great to have updated news to know exactly where and how things are running.
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.
and thats nice potential for the future, seeing what the companies plans are.
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!
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.
yeah from here consolidating lets get some action in today!
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.
yes i think its very possible just had a 35% positive greens and with volume 400k not as big, now its taking better shape should be ready for a bigger move. higher volume and good solid support.
ONTC has potential guys!
About NYU-Poly
NYU-Poly is the alliance of the nation's second oldest private engineering school, Polytechnic, with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 MetroTech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 MetroTech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase's intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the i2e initiatives that center around invention, innovation and entrepreneurship.
Additional information about NYU-Poly is available at: www.poly.edu
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
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines.
agreed the share structure is doing great good action going on, high volume should be ready to rock and roll! imo wait for next PRs could see a big move
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.
Volume: 2,985,112m Ask 0.0114x and up 13% we have nice potential here guys!
This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes.
ONTC chart :
About NYU-Poly
NYU-Poly is the alliance of the nation's second oldest private engineering school, Polytechnic, with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 MetroTech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 MetroTech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase's intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the i2e initiatives that center around invention, innovation and entrepreneurship.
Additional information about NYU-Poly is available at: www.poly.edu
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 update!
About NYU-Poly
NYU-Poly is the alliance of the nation's second oldest private engineering school, Polytechnic, with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 MetroTech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 MetroTech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase's intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the i2e initiatives that center around invention, innovation and entrepreneurship.
Additional information about NYU-Poly is available at: www.poly.edu
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 setting for a big move here guys!
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 providing further financial and project details referencing its previously announced contract to provide product and services to New York University (NYU)-Poly.
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes. We will also provide additional financial information related to future project valuations as stages are released for this on going project. We are very excited to have been selected as a lighting solutions provider for NYU-Poly and are anxious to provide the University with incredible products and services that meet NYU-Poly's i2e Campus transformation initiatives.
ONTC overlay about what and how things are going to be working.
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes. We will also provide additional financial information related to future project valuations as stages are released for this on going project. We are very excited to have been selected as a lighting solutions provider for NYU-Poly and are anxious to provide the University with incredible products and services that meet NYU-Poly's i2e Campus transformation initiatives."
About NYU-Poly
NYU-Poly is the alliance of the nation's second oldest private engineering school, Polytechnic, with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 MetroTech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 MetroTech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase's intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the i2e initiatives that center around invention, innovation and entrepreneurship.
Additional information about NYU-Poly is available at: www.poly.edu
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
ONTC average holding is 15% and definitely has potential!
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes. We will also provide additional financial information related to future project valuations as stages are released for this on going project. We are very excited to have been selected as a lighting solutions provider for NYU-Poly and are anxious to provide the University with incredible products and services that meet NYU-Poly's i2e Campus transformation initiatives."
About NYU-Poly
NYU-Poly is the alliance of the nation's second oldest private engineering school, Polytechnic, with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 MetroTech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 MetroTech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase's intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the i2e initiatives that center around invention, innovation and entrepreneurship.
Additional information about NYU-Poly is available at: www.poly.edu
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
ONTC consolidating for next move great potential. nice volume and good action.
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes. We will also provide additional financial information related to future project valuations as stages are released for this on going project. We are very excited to have been selected as a lighting solutions provider for NYU-Poly and are anxious to provide the University with incredible products and services that meet NYU-Poly's i2e Campus transformation initiatives."
ONTC overview of how things are running and looking
a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is providing further financial and project details referencing its previously announced contract to provide product and services to New York University (NYU)-Poly.
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes. We will also provide additional financial information related to future project valuations as stages are released for this on going project. We are very excited to have been selected as a lighting solutions provider for NYU-Poly and are anxious to provide the University with incredible products and services that meet NYU-Poly's i2e Campus transformation initiatives."
chart :
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.
ONTC little about us.
a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is providing further financial and project details referencing its previously announced contract to provide product and services to New York University (NYU)-Poly.
Jon Cooper, President of NexPhase, stated, "Our first project with NYU-Poly centers around the relighting of the Donald F. and Mildred Top Othmer Residence Hall with NexPhase LED lighting solutions. This residence hall is an eighteen-floor structure originally opened in 2002 and currently houses over four hundred students. The first installation of product will occur the first week of August with a second installation occurring in early September. We expect the final installation of product for Othmer to occur and be completed in November. This Othmer phase of the NYU-Poly project is valued at $356,000.00 (including emergency lighting) and will utilize our LED cove, down light and troffer product lines. We anticipate that these same LED product lines will be deployed in other areas of the University as we advance to subsequent project stages. We expect to make further NYU-Poly announcements in the coming months, which detail our ongoing progress and provide case studies documenting our successes. We will also provide additional financial information related to future project valuations as stages are released for this on going project. We are very excited to have been selected as a lighting solutions provider for NYU-Poly and are anxious to provide the University with incredible products and services that meet NYU-Poly's i2e Campus transformation initiatives."
About NYU-Poly
NYU-Poly is the alliance of the nation's second oldest private engineering school, Polytechnic, with the largest private university in the United States, NYU. The NYU-Poly Brooklyn campus has a current student population of over 1,750 full-time students and the downtown Brooklyn Campus includes: 6 MetroTech, the Jacobs Academic Building, the Rogers Hall complex, 5 MetroTech, the Bern Dibner Library Building, the historic Wunsch Building and the previously mentioned Othmer Residence Hall. These facilities along with the recently announced expansion of an additional 120,000 square feet of academic facilities at 2 MetroTech and 15 MetroTech further signal a growing and thriving world class University. NYU-Poly is already in the second year of a 10 year Thirty Eight million Capital Plan to transform, upgrade and expand its campus facilities, and NexPhase's intelligent LED lighting solutions and efficient use of best in class sensor technology provide an excellent fit for the i2e initiatives that center around invention, innovation and entrepreneurship.
Additional information about NYU-Poly is available at: www.poly.edu
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
Safe Harbor Statement:
ask is at 0.0113X with a 2mill volume chart looks like a set for a nice bounce, a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is providing further financial and project details referencing its previously announced contract to provide product and services to New York University (NYU)-Poly