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no, sorry about that, perhaps Sparks100 will update the MB soon
Court Case Change:
New Appearance Date
KORNREICH, SHIRLEY WERNER 18 Tuesday,Aug 7, 2012 STATUS CONFERENCE 54 11:00
Old Appearance Date
KORNREICH, SHIRLEY WERNER 17 Thursday,Jul 12, 2012 STATUS CONFERENCE 54 STATUS CONFERENCE ADJOURNED
http://iapps.courts.state.ny.us/iscroll/Appearances.jsp?IndexNo=600893-2010
EP Global Communications, Inc. Achieves Shareholder Approval for
Restructuring and Signs Definitive Restructuring Agreement
JOHNSTOWN, Pa., Jun 27, 2012 (GlobeNewswire via COMTEX) -- via PRWEB - EP
Global Communications, Inc. (the Company) , (Pink Sheets:EPGL), is pleased to
announce that on June 8, 2012 , shareholders approved the proposed 10:1 reverse
split and restructuring plan. Accordingly, as of June 21, 2012 the Company has
entered a Definitive Restructuring Agreement with the major corporate parties
and restructuring partners including the Company, the joint liquidators of the
various AJW Funds from PwC Corporate Finance and Recovery (Caymans) Limited and
Digital Health Sciences, Inc. a U.S. medical device company.
The Company has set an approximate date of July 8, 2012 for the "effective date"
of the 10:1 reverse split. Upon the reverse split, the outstanding shares of
EPGL common stock will be reduced to approximately 499 million shares
outstanding. Shareholders should expect the ask price for Company common stock,
to increase mathematically by ten times the last asking price prior to the
reverse split, as a result. Share price will fluctuate from that point based on
market conditions and investor interest.
As per the Definitive Restructuring Agreement the Company has now converted 100%
of its major debt holders to that of equity holders in the newly restructured
Company, extinguishing nearly $10 million dollars of debt. Also, upon the
reverse split, the Company will close on the acquisition of Digital Health
Sciences, Inc., a U.S. medical device company holding license to all rights,
title and interest in SPOC, LLC., maker of the Muscle Pain Detection Device or
MPDD which is an extremely promising new medical device, researched and
developed by leading scientists at New York University and has not been marketed
to physicians anywhere in the world, as yet. As a result of this transaction,
SPOC, LLC will be wound up and dissolved. The assets of SPOC, LLC include but
are not limited to, the MPDD device itself, device designs, existing devices,
and FDA 510k clearance for marketing and manufacturing of the device. The
Company plans for this device to be the first of several medical devices it will
market in the future.
Joseph M. Valenzano Jr. has resigned from the company along with all previous
management and Directors as of June 22, 2012. Prior to departure, previous
management approved the changing of the Corporate Charter to that of Medical
Device Manufacturer. The restructuring partners are currently in talks with new
management candidates and have chosen a new Company Medical Director who's name
will be announced in the near future via press release. Additionally, a new
company website will be revealed in the near future.
The restructuring partners look forward to bringing significant value back to
the Company and its shareholders. More public announcements will be forthcoming
in the near future regarding exact date for the reverse split, new management
and new financial disclosures. About EP Global Communications, Inc.
EP Global Communications, Inc. is a medical device manufacturer and marketing
company with exclusive rights to a new FDA 510k cleared medical device called
the Muscle Pain Detection Device. The MPDD is a revolutionary new diagnostic
tool for the detection of muscular originated pain in the human body.
Safe Harbor Statement
Certain matters discussed in this press release are "forward-looking statements"
intended to qualify for the safe harbors from liability established by the
Private Securities Litigation Reform Act of 1995. In particular, the Company's
statements regarding trends in the marketplace and potential future results are
examples of such forward-looking statements. The forward-looking statements
include risks and uncertainties, including, but not limited to, the timing of
projects due to the variability in size, scope and duration of projects,
estimates made by management with respect to the Company's critical accounting
policies, regulatory delays, clinical study results which lead to reductions or
cancellations of projects, and other factors, including general economic
conditions and regulatory developments, not within the Company's control. The
factors discussed herein and expressed from time to time in the Company's
filings with the Securities and Exchange Commission could cause actual results
and developments to be materially different from those expressed in or implied
by such statements. The forward-looking statements are made only as of the date
of this press release and the Company undertakes no obligation to publicly
update such forward-looking statements to reflect subsequent events or
circumstances
This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2012/6/prweb9644770.htm
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: EP Global Communications, Inc.
By Staff
CONTACT: CONTACT: PwC Corporate Recovery Limited
Elizabeth Osborne
elizabeth.osborne@ky.pwc.com
1 345 914 8686
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
-0-
INDUSTRY KEYWORD: Business Services
SUBJECT CODE: Health
1st thing I will agree with you on
good luck to both of us
just before we get diluted
Could be this also:
READ CAREFULLY BEFORE TRADING THESE STOCKS (OTCQB:THWI), (OTCQB: IDNGD),
(Pink:HLNT)
Investornewssource.com a leader in OTC analysis reports is issuing a
report on 3 Hot stocks to watch on June 25, 2012 Thwapr Inc. (OTCQB:THWI),
Independence Energy, Corp (OTCQB: IDNGD), Highline Technical Innovations. Inc.
(Pinksheets:HLNT)
NEW YORK, Jun 25, 2012 (eTeligis.com via COMTEX) Highline Technical
Innovations. Inc. (Pinksheets:HLNT)
has had a monstrous day in volume with 26 million shares traded. Seeing highs of
$0.0132 we are not taking our eyes off HLNT with all this bullish movement.
Sign up for our exclusive email newsletter to keep up to speed on companies like
HLNT http://bit.ly/stocks2watch
Thwapr Inc. (OTCQB:THWI), traded just under double the daily average and saw
good gains with a high of $0.04. They seem to have a grasp on the ever-expanding
Asian market adding to buzz in stock message boards
Could THWI Be the next tech stock to watch? Stay up to date
http://bit.ly/stocks2watch
Independence Energy, Corp (OTCQB: IDNGD), Has seen massive volume today trading
3.44 Million dollars. Had some pullback today and could be looking for a new
support.
Could IDNGD be the bounce of the week? http://bit.ly/stocks2watch
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Some DD for those really interested:
http://www.sec.gov/Archives/edgar/data/1113947/000106594308000003/f10ksb.pdf
(5) On September 23, 2005, we completed financing agreements by executing a securities purchase agreement with
the following entities: AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC and New Millenium
Capital Partners II, LLC. Under the securities purchase agreement, we will issue up to $3,720,000 in callable
secured convertible notes. The notes are convertible into shares of our common stock. The conversion price is based
on the lesser of $0.12 or the average of the lowest 3 intra-day trading prices during the 20 trading days immediately
prior to the conversion date, discounted by 40%. The timing of the conversion is at the option of the holder. The
notes are secured by a grant of a general security interest in all of our assets both tangible and intangible. In addition,
our officer and director, Joseph Valenzano individually pledged 3,371,093 shares of our common stock.
In addition, we are to issue stock purchase warrants convertible into shares of our common stock on a one-for-one
basis. The exercise price is $.15 and the term of the warrants is 5 years.
A private investment firm, Westminster Securities Corporation, based in New York City, received a commission of
$240,000 (8% of the net proceeds of $3,000,000) for arranging for this financing.
We received net proceeds of $3,000,000 under the terms of the securities purchase agreement which represents the
total commitment for funding from the group identified above.
-15-
(6) In August 2006, we completed a secondary financing agreement with NIR, LLC, by executing a securities
purchase agreement with the following entities: AJW Partners, LLC; AJW Offshore, Ltd.; AJW Qualified Partners,
LLC; and New Millenium Capital Partners II, LLC. Under the securities purchase agreement, we will issue up to
$2,600,000 in callable secured convertible notes. The notes are convertible into shares of our common stock. The
conversion price is based on the lesser of $0.05 or the average of the lowest three intra-day trading prices during the
20 trading days immediately prior to the conversion date, discounted by 40%. The timing of the conversion is at the
option of the holder. The notes are secured by a grant of a general security interest in all of our assets both tangible
and intangible. In addition, we are to issue stock purchase warrants convertible into shares of our common stock on
a one-for-one basis. The exercise price is $.01, and the term of the warrants is five years.
We have received net proceeds of $2,000,000 committed under the terms of the securities purchase agreement,
which represents the total commitment for funding from the group identified above.
louc, you probably did not read that wrong, you just may not have seen the following:
http://www.ajw-group-liquidation.com/committee.html
look at # 5
I bought some more today also
In the last few days, there have been at least 4 different momo penny alerts that I have seen on Scottrade streaming news. I suspect this has brought a lot of new eyes to HLNT
Industry Vet LaunchIt Public Relations joins forces with Alternative
Hydrogen Solutions
PR Firm to Launch Revolutionary Fuel Saving and Emissions
Reducing Hydrogen Device
SAN DIEGO and FARMINGTON, Ark., June 20, 2012 /PRNewswire via COMTEX/ --
Highline Technical Innovations, Inc., (PINKSHEETS: HLNT) announced today that
Alternative Hydrogen Solutions, the company formed from the previously announced
joint venture between Alternative Hydrogen Systems Group Sales & Marketing, LLC
and HTI with exclusive selling rights to the HTI's groundbreaking device proven
to dramatically reduce the fuel consumption and emissions of diesel combustion
engines has retained the services of transportation technology PR experts
LaunchIt Public Relations, a firm led by transportation industry veteran Susan
Fall. This collaboration will strategically brand and introduce the HY-Impact
line of fuel and emissions reducing products to a wide spectrum of industries
employing diesel combustion engines.
"This is a very exciting and compelling product for LaunchIt to represent,"
stated Fall. "Fuel prices, air quality concerns, EPA regulations, along with
increased awareness of the U.S.' need to reduce our dependence on foreign oil
are issues that are faced not only by the trucking industry, but our nation as a
whole."
"New and revolutionary products are always exciting," continued Fall. "However,
if the product doesn't actually do what it says, it could damage a firm's
reputation. It was only after a great deal of due diligence, and with great
confidence that LaunchIt accepted the challenge of introducing this remarkable
device."
Alternative Hydrogen Solutions' HY-Impact product line uses hydrogen as a
catalyst to more effectively burn fuel. Hydrogen is separated from water via the
process of electrolysis and a precise amount in the form of hydrogen gas is
introduced into the engine's combustion chamber. HY-Impact's patent pending CPU
technology ensures the correct amount of Hydrogen is released, and no moisture
enters the engine. The Hy-Impact result is a 9-16 % increase in fuel economy and
dramatically lowered emissions.
Having realized that such a product is a much needed solution to address today's
major industry concerns, Susan Fall, founder and principal of San Diego based
LaunchIt Public Relations agreed to contribute her 25 years of public relations
experience to increasing the visibility of the HY-Impact line of Intelligent
Hydrogen Systems.
LaunchIt will be the exclusive agency leveraging its decades of public relations
experience, intensive exposure to technology, and close affiliation with the
transportation industry. The Company will maintain sole responsibility for the
HY-Impact branding strategy and relevant marketing campaigns for Alternative
Hydrogen Solutions.
About Alternative Hydrogen Solutions
The HY-Impact line of products began development in 2005. After 7 long years of
research, testing, and modification, it has emerged as a unique and successful
solution to the concerns posed by rising fuel prices and the environmental
concerns related to harmful emissions. Alternative Hydrogen Solutions was formed
in 2012, when the creators of Arkansas-based Highline Technical Innovations,
Inc. (PINKSHEETS: HLNT), joined forces with Alternative Hydrogen Systems Group
Sales & Marketing, LLC, in order to bring this revolutionary product to market.
The products that comprise the HY-Impact line and their corresponding industries
include: HY-Roada for trucking, HY-Marinea for maritime, HY-Floa for oil, HY-
Agraa for agriculture, HY-Tracka for locomotive, and HY-Droleana for
municipality.
About LaunchIt Public Relations
Founded in 2000, LaunchIt Public Relations specializes in representing
transportation technology companies, increasing the visibility of their products
and services in the business-to-business environment. Located in San Diego,
California, LaunchIt has developed strategic relationships with other creative
agencies as well as an experienced team of transportation industry experts.
Through this network of experts, LaunchIt has grown from a strictly
public-relations firm into a full-service international marketing firm. For more
information, visit www.launchitpr.com.
Media Contact:Susan Fall LaunchIt Public RelationsSusan@LaunchItpr.com
SOURCE Highline Technical Innovations, Inc.
www.prnewswire.com
Copyright (C) 2012 PR Newswire. All rights reserved
-0-
news
coming
Thank You Sparks100 for the updates on the cases.
Were they wearing BLack SUITS and WHite SHIRTS? I saw 2 completely different GUYS NEXT DOOR, had a cool car though
RE: MOTION NO. 014, ORDER TO SHOW CAUSE ENTERED IN THE OFFICE OF THE COUNTY CLERK ON JUNE 13, 2012
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=q92vP47y3GD3eSLB76kK5g==&system=prod
Nice, looks like they are still going strong. I really like how much cash they generate
ok pd, thanks for your interest here
I think that this is for the June newsletter, I emailed them a little while ago as to when we get the May newsletter, have not heard back from them yet. Will update the MB when I hear
EnerCom, Inc. Announces London Oil & Gas Conference(TM) 4 on 13-14 June 2012
FTK speaks on June 13th
This may be when they announce Forward Guidance along with April and May Numbers
http://www.enercomlogc.com/programme2012.html
<a href='http://usas2.advfn.com/c.php?s=20&w=600&h=19&t=_blank' target='_blank'> <img src='http://usas2.advfn.com/i.php?s=20&w=600&h=19&t=_blank' width="600" alt="" height="19" border="0" /></a>
200dma is now $9.87 and it almost touched it today, looking forward to some good news tomorrow, I hope
carndog, thanks for your hard work and keeping the MB up to date on what's going on in the field
The formation of the Joint Venture allowed HTI to retire 31,952,500 shares of its Preferred Series B stock
A provision in the Joint Venture also issues 106 million shares of RESTRICTED HTI common stock to AHSG owners.
This is directly from this weekends filing.
Does this weekends news also explain the following from the latest earnings info?
"31030 Equity:Common Stock 33,600.00 1
31050 Equity:Additional Paid-in Capital 156,400.00 1"
&
"24600 Other Current Liability:Advances Toward Business Development 317,116.00 2"
Footnotes
1. HTI received $190,000 in additional paid in capital in January and early February to supplement the cash flow for operations.
2. In reference to the February Shareholders newletter, these are advances toward business development. These advances began at the end of February and continued thru March.
http://www.otcmarkets.com/financialReportViewer?symbol=HLNT&id=79609
Suebarth, nice find and thanks for sharing
Now THAT was FuNNy
thanks
No Cent$, what you posted makes a lot of sense. Am I correct to read into what you said, that you have spoken to Dealers about this? (as in multiple Dealers)
TIA
casaprop, Thankyou for your responses. I really appreciate your contributions to this MB.
casaprop, you cool with all the changes in the company?
thanks for your input
nice find, thanks for posting
jurisper, thanks for the additional info. and thanks for the updates on case progress
Filings in the SEC case from both CR and the SEC say the parties are in "serious settlement discussions". Say they will update the court by June 26th on how the discussions are going.
courtesy of jurisper at NIR Group MB
I left out his IMO
link: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76313423
SEC Changes Policy on Admitting Guilt in Settlements of Enforcement Actions
On January 6, 2012, the Securities and Exchange Commission (“SEC”) announced that it has modified its settlement policy for enforcement actions that also involve a criminal conviction or admissions by a defendant of criminal violations. Under its new policy, the traditional “neither admit nor deny” language will be deleted from its settlement documents. Instead, the SEC will recite the facts and nature of the related criminal proceeding. Enforcement staff will have the discretion to incorporate into SEC settlement documents any relevant facts admitted by the defendant in the criminal proceedings.
This new policy applies only to cases where there have been parallel criminal convictions (including guilty pleas), to non-prosecution agreements and to deferred-prosecution agreements between the defendants and the Justice Department that include “admissions or acknowledgements” of criminal wrongdoing. The SEC will continue to use the “neither admit nor deny” language when it settles with a company in the absence of any criminal proceedings.
The SEC’s announcement stated that this new policy involves only a “minority” of its enforcement actions, and is “separate from and unrelated” to the recent rejection by the United States District Court for the Southern District of New York of its proposed $285 million settlement with Citigroup Global Markets Inc. arising from the bank’s lucrative short trading bets against a billion dollar collateralized debt obligation (CDO) composed of home loans, while it was selling the same CDO to investors as a good investment.
While the “neither admit nor deny” practice has been followed for many years, its application has attracted negative attention recently, particularly in cases arising from the 2008 financial crisis. The SEC has defended the practice because it saves considerable expense and avoids potential failures by settling with companies rather than fighting them in court. And it claims that it can recover just as much money in settling as in litigating, thereby enabling investors to recover sooner.
In the end, a company that has admitted its liability in a criminal case has little to gain for its defense of shareholder suits by insisting that it not admit the same facts a second time in settling the SEC’s enforcement action.
For further information, please contact Bob Rose at (619) 338-6661.
http://www.corporatesecuritieslawblog.com/investigations-and-enforcements-sec-changes-policy-on-admitting-guilt-in-settlements-of-enforcement-actions.html
murrie, thanks for posting that
Just checked out the website. Am glad that the pieces are all falling into place as some have pointed out. Am waiting for some good sales numbers and expect that is when the PPS will really move up considerably.
Hydrogen Product Proven to Decrease Fuel Costs and Reduce Emissions Now Commercially Available
Highline Technical Innovations, Inc. (PINKSHEETS: HLNT), the creator of a uniquely engineered hydrogen system proven successful in the marine and agricultural industries, announced today its Hy-Impact™ line of Intelligent Hydrogen Systems is now commercially available for all industries utilizing diesel combustion engines. Through a partnership with Alternative Hydrogen Systems Group Sales & Marketing, LLC, the two entities have merged to form Alternative Hydrogen Solutions™, a company dedicated to bringing these revolutionary products to market. For industries utilizing diesel combustion engines, the presence and availability of AHS's Intelligent Hydrogen Systems means a dramatic reduction in fuel costs and more environmentally friendly engines with radically minimized harmful emissions.
The Hy-Impact system increases fuel economy between 9 and 23% and can reduce diesel exhaust fluid (DEF) usage by up to 40%. The system runs on fewer than 3 amps of power and requires only one cup of distilled water every 900 operating hours. The distinguishing characteristic of AHS's Hy-Impact product line of Intelligent Hydrogen Systems, compared to hydrogen devices of the past, according to Charlton Coats, CEO of Alternative Hydrogen Solutions, is "the fact that we aren't using hydrogen as a fuel. Instead we are using it as a catalyst to help burn the fuel more completely. In addition, we employ three patent-pending pieces of technology. Two of these regulate the exact flow of hydrogen while the other ensures no moisture enters the engine."
Hydrogen is the lightest and most abundant element in the universe. It is colorless, odorless, tasteless, non-corrosive and non-toxic to humans. An often-overlooked natural fuel resource, hydrogen contains three times the energy of natural gas of the same volume. In order to be used as a catalyst to more completely burn fuel, hydrogen is first separated from water via the process of electrolysis. When the precise required amount of hydrogen is introduced into the engine's combustion chamber, a more efficient fuel burn will result, the exhaust will run at a lower temperature, and the reduction in carbon and heat will reduce internal friction. The dramatic reduction in heat results in an increase in engine efficiency and consequently a reduction in harmful emissions.
"Put simply," explained Coats, "we are using hydrogen to completely burn the fuel in the cylinder, instead of allowing roughly 30% of fuel that otherwise would remain unburned and cause the engine to run hotter and less efficiently to ultimately then be released out into the environment in the form of harmful emissions."
"The key to our success is that we effectively control the release of the hydrogen," continued Coats. "Different engines require different levels of hydrogen in order to maximize the fuel efficiency of each. Producing hydrogen is the easy part, it is how we control and utilize the hydrogen that separates our Hy-Impact line of products from the products of other companies that attempt to use hydrogen in some form."
About Alternative Hydrogen Solutions
The Hy-Impact line of products began development in 2005. After 7 long years of research, testing, and modification, it has emerged as a unique and successful solution to the concerns posed by rising fuel prices and the environmental concerns related to harmful emissions. Alternative Hydrogen Solutions was formed in 2012, when the creators of Arkansas-based Highline Technical Innovations, joined forces with Alternative Hydrogen Systems Group Sales & Marketing, LLC, in order to bring this revolutionary product to market. The products that comprise the Hy-Impact line and their corresponding industries include: Hy-Road™ for trucking, Hy-Marine™ for maritime, Hy-Flo™ for oil, Hy- Agra™ for agriculture, Hy-Track™ for locomotive, and Hy-Drolean™ for municipality.
About Highline Technical Innovations, Inc.
HTI is a publicly traded corporation (PINKSHEETS: HLNT), dedicated to producing innovative, high quality products that are economical and good for the environment. The company maintains its main operating offices and manufacturing sites in Northwest Arkansas.
About Alternative Hydrogen Systems Group Sales & Marketing LLC
AHSG is a privately held sales and marketing company focused on bringing groundbreaking new technologies to companies in the transportation, marine, rail, oil-service, and municipal sectors. AHSG focuses on introducing the latest in cost-saving and environmentally responsible technology to industries that rely heavily on the consumption of fossil fuels. AHSG was founded in 2011 by Bill Cunetta, a 21-year veteran of the transportation industry.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2003299
Little bit more filed today:
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=2LLmDIlevCMp4csExg61xg==&system=prod
Motions #12 and #13 satisified, is what it looks like
Status Conf. completed
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=bi9Yk6PPIHuByXP/M_PLUS_5JyA==&system=prod
firm dates have been now set by the judge
1st up = Walters
then Humphries
and either the MB finds the link on their own, or the MB waits for him to post the link, and if neither happens, it's bull
sort of like all the news/pr's from hlnt, and IMO, that was the posters main point
you either beleive it, or you don't
IhubRookie specifically said, he would inform the MB of the source at a later time. I think that is pretty clear. It will happen later