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ECOS .205 News: Micro Bubble Technologies Inc. Signs Second Multi-Million Dollar Agreement for Distribution Rights of its CNT-Battery
BARRINGTON, ILLINOIS -- (Marketwire) -- 10/06/09 -- Micro Bubble Technologies Inc. ("MBT"), the operating subsidiary of EcoloCap Solutions Inc. (OTCBB: ECOS), has further enhanced distribution of its Carbon Nano Tube Battery (CNT-Battery) by signing a multi-million dollar distribution agreement with HALO Renewable Energy LLC ("Halo"), of Portland, OR. Halo has obtained distribution rights of the CNT-Battery for "non-wheeled" applications in North America, in addition to the U.S distribution rights to MBT's M-Fuel. Halo was initially founded to exploit its proprietary system to manage energy storage and electrical systems for wind and solar applications. Halo's extensive industry experience uniquely positions them to capitalize on the CNT-Batteries' diverse applications. David Hice, CEO of Halo said, "The CNT-Battery is the final answer in our search for the ultimate energy storage and management system."
This news release compliments the previous announcement pertaining to the Next-Alternative Inc. $2M agreement to acquire the rights to distribute the CNT-Battery for "wheeled applications" in North America.
MBT will be establishing two initial production lines for the CNT-Battery. One will be dedicated to Next-Alternative for transportation applications, the other to Halo for large enterprise applications. Each line will have the ability to produce 25,000 batteries per month initially. The CNT-Battery yields up to 8 times the reserve capacity, recharges in less than ten minutes, and comes with a 5 year limited replacement guarantee if the battery is charged with the MBT designed charger system.
Michael Siegel, President of EcoloCap Solutions Inc. and CEO of Micro Bubble Technologies Inc. stated: "The execution of these agreements is a significant achievement for the company. We anticipate much success with our North American distributors and look forward to further developing the CNT-Battery lines with them."
About The Company: Micro Bubble Technologies Inc. ("MBT"), a subsidiary of EcoloCap Solutions Inc. (OTCBB: ECOS), is a "green" nanotechnology company, focused on improving alternative energy solutions through the development and marketing of their nanotechnology-based energy products. MBT's Carbon Nano Tube Battery (CNT-Battery) demonstrated to have 8 times the energy reserve capacity of traditional lead-acid batteries, 2.5 times that of lithium-ion batteries and a recharge time of 5 to 10 minutes; all for a slight premium over the price of a similar type battery. MBT's M-Fuel technology processes heavy oils, with H plus O2 molecules, and a stabilizing additive through its proprietary Nano Processing Unit system. The resulting fuel provides a 60% reduction in emissions, a 40% reduction in fuel consumption, and up to a 25% reduction in cost of fuel and engine maintenance. M-Fuel will also enable certain users to generate additional revenue streams through the qualification of Carbon Credits. EcoloCap Solutions Inc. Canada, a subsidiary of EcoloCap Solutions Inc., provides comprehensive Carbon Credit Trading consultancy services to all M-Fuel users.
MBT markets its products worldwide either directly or through agreements with distributors and is presently exploring distributors in Europe, Asia, and Africa. For further details on the company and their technologies please visit the EcoloCap website, www.EcoloCap.com, or send an inquiry to Info@EcoloCap.com.
Use of Forward-looking Statements: This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on the current expectations of the management of Micro Bubble Technologies Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Micro Bubble Technologies Inc. to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Micro Bubble Technologies Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Ecolocap Solutions Inc., reference Ecolocap Solutions Inc.'s reports filed from time to time with the Securities and Exchange Commission.
Contacts:
EcoloCap Solutions Inc.
866-479-7041
847-919-8440 (FAX)
Info@EcoloCap.com
Not feelin' the love!! Lol!!
There. I helped them. LOL!
Indeed. Lack of PR is taking it down. .0352 x .05 Someone wants out... I suppose.
Love it... !
Very pleased with progress here.
thanks for the update.
thanks for the update.
thanks for the update.
Thank you! Nice news!
Thank you! Nice news!
"I am here to try and make people think." Coming from someone who bought this stock relying on the DD of others, that is quite a statement. IMO.
Your posts are very confusing.
Hello board. Grabbed a starter at .02. Loving the float here.
SPHE .07 x .072
They aren't filling the .068... shares must be gone.
This is going to go, and when it does... it is going to be insane!
I think we are seeing something different now, IMO. The dips were on tiny volume. More interest here, more volume. If this breaks through the strong resitance at .075 it is blue sky...
Since then company has been awarded a significant number of government contracts. Scroll down the posts and have a look at what has been discovered doing a simple internet search.
This might help. Employees in question haven't been with the company for 3 years...
In a statement, Spearhead said it was "disappointed" in bureau's decision to lay charges against the company. Two of its former vice-presidents face criminal charges.
"(Spearhead) is in the process of reviewing the charges and determining how to respond, and what course of actions to take," the statement read.
"Sue McGregor and Marina Mancini are no longer associated with Spearhead and they haven't been since August 2006."
http://www.ottawabusinessjournal.com/293820812226546.php
Up 83% on less that 250k.... imagine a 2 million share day?
I see the boardmarks are on the rise too... Good morning all!
I'll take SPHE (.04)again for this week, please. Thank you!
Do you want to add them to this list... I don't think I found those. : )
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40692278
Been watching this one for awhile and decided to pick up a starter here at .165
thanks for the DD
Thanks for the heads up on this one... like many others... again!
looks like another day of accumulation here.
I spoke to the company and was told the same thing about the PR. As I said, I have every reason to believe they are going to update shareholders. I hope it is next week as he stated. If there is a delay however, I don't want to pegged as saying "PR next week."
This is a pink sheet company with no IR. Their webpage states "You are invited to keep up with all the investor information that is available on this website." They say nothing about being available by email or fielding investor calls, so I was pleased when they took the time to speak with me.
I have every reason to believe that when the information is ready to be released, it will be; and no reason to believe this is a scam.
I think everyone here knows this is a highly speculative investment... its a pink sheet stock!!! The goal is to be smart and protect yourself by being prepared to average down if needed, and selling some along the way as the price rises to recoup the initial investment. IMO this will be a great one to be holding a whole bunch of FREES in! The DD appears to show a lot of proven success, potential, growth, and expansion. But it is a pink sheet stock, and must be treated as such, IMO. I hate to see anyone get burned, 'all $s in', waiting for that rumored PR, KWIM?
Another advantage here, IMO, is contract verification, no dilution, and small float. I think I found some $1M in contracts that spanned 2009. So there is money coming in.
They began Tier 4. I would like to think they desire to be more transparent- and hope they will once the paperwork gets where it needs to be. The CEO owns a bunch of shares. Would have to think he sees a higher shareprice in his best interest too!
Hope this investment works out well for all!
i'm not leaving you hanging- i'll answer when i get a minute later.
I was successful in speaking to someone both in Ottawa and FL by phone... FWIW
Have you called?
Some big buy orders sitting open at .04 and lower... no buying pressure above .05(read zero trading volume at that level for several days last week). IMO they're keeping it down here and filling those orders.
What questions are you planning to ask them?
SPHE Estimated Market Cap $2,438,483 as of Aug 19, 2009
SPHE 2009 contract DD below
Vendor Name SPEARHEAD MANAGEMENT CANADA LTD.
Reference Number 4500212708
Contract Date 2009-06-22
Description of work 0813 Temporary help services
Contract Period 2009-06-22 to 2009-12-31
Delivery Date -
Contract Value $38,587.50
Comments
Vendor Name: Spearhead Management Canada
Reference Number: 7053022
Contract Date: 2009-04-16
Description of Work: Accounting and audit services
Contract Period: 2009-04-16 to 2009-08-31
Contract Value: $61,081.02
Comments: Competitively Sourced Contract
Vendor Name: SPEARHEAD MANAGEMENT CANADA LIMITED
Reference Number: 331107766X
Contract Date: 2009-03-06
Description of Work: 0813 Temporary help services
Contract Period: 2009-04-01 to 2009-06-30
Contract Value: $59,851.58
Comments: Callup against Standing Offer No: EN537-8-4015/186/ZT
Vendor Name: Spearhead Management Canada Limited
Reference Number: CON08-1913
Contract Date: 2009-02-23
Description of Work: 491 Management Consulting
Contract Period: 2009-02-23 to 2009-03-31
Contract Value: $18,427.00
Comments: Human Resource Services
Vendor Name: SPEARHEAD MANAGEMENT CANADA LTD.
Reference Number: 50018-08
Contract Date: 2008-04-30
Description of Work: 0446 Training Consultants
Contract Period: 2008-04-30 to 2009-04-29
Contract Value: $376,740.03
Comments: This contract includes one or more amendments.
Vendor Name SPEARHEAD MANAGEMENT CANADA LTD.
Reference Number 4500179039
Contract Date 2008-02-11
Description of work 0401 Accounting and audit services
Contract Period 2008-02-11 to 2009-03-31
Delivery Date -
Contract Value $222,075.00
Government Agency: Transportation Safety Board of Canada
Vendor Name: Spearhead Management Canada Limited
Description of work: 0472 - Information Technology Consultants
Value: $10,500.00
Date: 2008-08-25 Period: 2008-08-25 to 2010-08-25
Vendor Name: SPEARHEAD MANAGEMENT CANADA
Reference Number: 4505523
Contract Date: 2009-02-24
Description of Work: Temporary Help Services
Contract Period: 2009-03-02 to 2009-04-16 *
Delivery Date: 2009-04-16
Contract Value: $ 35,418.60
Comments: Temporary Help Services
Vendor Name: Spearhead Management Canada Ltd.
Reference Number: P0901129
Contract Date: 2008-10-31
Description of Work: 0401 Accounting and audit services
Contract Period: 2008-11-05 to 2009-03-31
Contract Value: $27,600.75
Comments: Contract awarded through a competitive process (OAG Standing Offer).
Vendor Name: SPEARHEAD MANAGEMENT CANADA
Reference Number: 4505485
Contract Date: 2009-02-03
Description of Work: Temporary Help Services
Contract Period: 2009-02-16 to 2009-04-10 *
Delivery Date: 2009-04-10
Contract Value: $ 33,204.94
Comments: Temporary Help Services
Vendor Name: SPEARHEAD MANAGEMENT CANADA LTD.
Reference Number: 2009008374
Contract Date: 2009-01-30
Description of Work: 472 - Information Technology Consultants
Delivery Date: 2010-02-01
Contract Value: $212,625.00
Comments: Purchase Order - TBIPS.
delete
Here are two links you might find helpful to answer your question.
http://www.hoovers.com/free/co/people.xhtml?ID=115000
http://www.ic.gc.ca/app/ccc/srch/nvgt.do?sbPrtl=&prtl=1&estblmntNo=234567012858&profile=cmpltPrfl&profileId=1861&app=sold&lang=eng
someone needs to kick it over 100k AND the 200 ma at the same time...
over 100k volume soon...