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Amex filing information.
Does anyone know how long it takes for an AMEX listing once an application is made?
HQNT filed in April and looked like it met all the requirements.
Our-Street Character Back, Newest Complaint Accompanied by Bizarre 'Personal' Attack on CEO
Jun 9, 2004 (financialwire.net via COMTEX) -- (FinancialWire) If the recently unmasked and tarnished proprietor of Our-Street.com, Timothy Miles, who has been charged by the U.S. Securities and Exchange Commission with fraud, had stuck to its "investigations" and its "SEC complaint filings," its current campaign against Circle Group Holdings (CXN) might have been deemed suspicious but not bizarre.
The website, which claims "credit" for what it calls SEC inquiries into Calypte Biomedical (CYPT) US Global Nanospace, Inc (OTCBB USGA), and Epixtar (EPXR), among others, has instead apparently decided to test the limits of what it must believe is an "immunity from judgments."
The self-described "internet based public company watchdog" said it had "filed a complaint with the US Food and Drug Administration and the Federal Trade Commission against Circle Group Holdings, Inc.," alleging "that their recently announced television commercial may not be supported by required documentation or research and that it makes materially false and misleading claims regarding results available to people who use the product."
So far, so good, but then it turns bizarre as the "complaintant," who continues to represent he is the fictitious "Nick Tracy" outlines what only could be described as a vendetta against not just the company but its CEO, Gregory Halpern, at http://www.our-street.com/featured.htm .
"In my opinion Greg Halpern is not the most crooked of all the CEO's," said Miles as he launched.into the bizarre diatribe normally seen only on message boards. "He would have to be much more clever. There are many others who are far better crooks than he is but, in my opinion, he is, without a doubt, the stupidest of any of the 20 CEO's I have covered so far. In fact, I don't recall even calling another CEO 'stupid'. Still I have to call them as I see them and with Greg, I have to say that, in my opinion, this guy is intellectually challenged. I mean seriously ignorant!
" When I published my first report on Circle Group on March 1, 2004 then subsequently issued the press release again through my distributor, I got a call from Greg Haplern. He left a message on my answering machine. I saved it and want you to hear part of it now. It will give you valuable insight into how mentally imbalanced he is as well as to his level of ignorance. Please enjoy this message from the CEO of Circle Group Holdings, Inc. (at http://www.our-street.com/halpernbsthreat.wav) then decide for yourself what you think. To me it is the ramblings of a madman.
"By the way, Greg simply made up the money laundering thing you will hear him mention. Just another one of his lies.. 100% a figment of his unstable mind. The ignorant part is that he actually thought I would be intimidated by stuff that he fabricates in his twisted little mind. Also, for the record, I have never lived in a dumpster. Greg is so mind numbingly ignorant, perhaps he can't even distinguish between fact and fiction when leaving a phone message. No wonder he can't make a profit for his shareholders. In my opinion, he is first too stupid and second too entranced with his own self image to accomplish anything meaningful," Miles/Tracy states, just getting warmed up.
Miles/Tracy and Our-Street had been relatively quiet for the two-and-a-half months since FinancialWire, in an exclusive article, publicly unmasked the mysterious and elusive proprietor, following which he posted a confession and acknowledgement at http://www.our-street.com/about.htm
Among the companies targeted by Miles, who has himself been accused by the U.S. Securities and Exchange Commission as a fraudulent pumper-and-dumper while winning accolades from the Dow Jones (DJ) newswire and other media, are H-Quotient (OTCBB: HQNT) and Circle Group Holdings (CXN). As it turns out, Miles' repertoire involved even more companies than FinancialWire described, now including, by his own admission, Applied Digital Solutions (NADSAQ ADSX) and others.
H-Quotient "blew his cover" by suing him under his real name and in Klamath Falls, Oregon, rather than London, where he had misled his short-selling "followers" and others to believe he lived.
Other companies he has now listed as having been involved with, in addition to Ballyhoo Capital Ventures, Casinovations, Inc., Global Foods Online, Inc., ICV, Inc., Pratt Wylce & Lords Ltd., Sea Shell Galleries, and Wahoo Capital Ventures, and Bionet Technologies, Inc. (BNTK), all failed, are Casino Journal Publishing (OTCBB CJPG), Redneck Foods (RDNK), Level Best Golf (LBGF), and Global Diversified (GDVI).
Miles also acknowledged he has operated under the guise of an ordained minister for the purposes of writing a book, and as Rev. Timothy Miles, has represented in a site at http://www.themeaningoflife.net that he has been gifted through a crystal with a text that he believes is a true "message from God," and that he is proprietor of another quirky website at http://www.otcart.com where he combines his "knowledge" of the over the counter stock market with his special knowledge of "fine art."
The ex-stockbroker and campaigner against "corporate evil-doers" is anything if not versatile.
After acknowledging his "mistakes" that resulted in SEC charges of fraud and corruption, and his failed efforts at running public companies and trading stocks, Miles/Tracy inexplicably stated that this background led him to believe he has the "skills necessary to conduct superior due diligence."
In his confession and acknowledgement, Tracy/Miles stated "there is more and more speculation on the message boards about the person or people behind Our-Street.com and a lot of speculation about who controls or influences it as well.
"My name is Timothy Miles. I am in my mid 50's so I have a lot of experience to draw on as I conduct my research.
"Since the early 70's I have been involved in business management in a wide variety of industries, and almost always with companies grossing less than $100 million per year. I have been involved in turn-around situations as well as start ups and been both a consultant, a hired gun and an entrepreneur. As a result of my experiences, I have developed the ability to analyze a company, its personnel and its activities with a certain degree of accuracy.
"I have been an investor since the late 70's and in 1988 I entered the securities industry on a full time basis as a stock broker. I had a pre-existing idea of what the brokerage business was like and was shocked to discover it was nothing like I imagined it to be. I innocently walked into the offices of Power Securities, one of the more notorious penny stock brokers and was both shocked and horrified to discover what this end of the business was really like. I left there within about a month and found a more suitable firm where I could actually work for my clients and not against them.
"I discovered over time that the best way to make my clients and myself money was working with companies as they were going public and in 1993, I left the brokerage business and started Pratt, Wylce & Lords, a public company that focused on helping small companies enter the public market. Through this company we helped several companies enter the public market, among them Applied Cellular Technologies (now Applied Digital Solutions NADSAQ ADSX) and Gaming Venture Corp (now Casino Journal Publishing OTC BB CJPG). I also worked with a not so successful company, Level Best Golf LBGF.
"In 1996, I shut down the company's operations as a result of my personal failures due in large part to my inability to comply with the SEC's stringent 40 Act requirements. Organizationally wise, I had bitten off far more than I could chew and I knew it.
"Throughout this entire period, I never had a blemish on my record as a stock broker or as a consultant but it was in 1999 that I made a mistake I am not at all proud of. I was working with a company called Auric Enterprises, Inc. and had structured a 504 offering for the stock. A number of my friends wanted to invest but lived in California and Ohio, states that had not been approved for the offering. I was told that if they drove to a neighboring state like Nevada where the offering was approved, they could invest. Rather than having them do this, I made the mistake of telling them instead to put down addresses in approved states and filed these inaccurate documents with the NASD. I also was not accurate as to the relationships of some investors as well. This was wrong to do and I deeply regret having done it. I have admitted this to the SEC in testimony and stand fully accountable for my actions.
"Subsequent to these actions, Auric executed a reverse acquisition with Freedom Golf Corporation and when they became dissatisfied with their investor relations people they called me and asked me for referrals. I didn't have any but asked around and was given the names of two people who were supposed to be honest who I then referred to Freedom Golf. What followed was a significant promotion based upon false and/or misleading information and an SEC investigation," he noted.
The SEC's charges disagree, saying that Miles/Tracy actually paid for the scam hype, and failed at the time, as apparently he fails yet today, to divulge that fact. The SEC also said Miles/Tracy and his co-conspirators "reaped profits of more than $500,000" out of the fraud.
The case is used as "class materials" in presentations on stock fraud by John Reed Stark, Chief of the Office of Internet Enforcement in the Division of Enforcement of the SEC, at http://www.johnreedstark.com/ClassMaterials/LitigationReleases/freedomgolf.htm.
As to his other activities, he admits to having "built a website which deals with another love of mine. It is OTCart.com. I have developed a real time quotation system for limited edition art. It is very slow catching on but I remain optimistic," and to "have built another website which is connected to a novel I am writing. I have been an ordained Christian minister since 1970 and the book is spiritual in nature. It is about the meaning of life and the website is appropriately titled www.themeaningoflife.net .
Miles / Tracy says he is "disillusioned about the corruption that continues to infect the market and those who involve themselves in it and I certainly am not proud that I found myself swept up in it to the point where I personally did things I knew were wrong."
Other companies that Our-Street has gone after include Silverado Gold Mines, Ltd. (SLGLF), Epixtar Corp. (EPXR), Aqua Vie Beverage Corporation (AQVB), ChampionLyte Holdings, Inc (CPLY), BEVsystems Interenational, Inc. (BEVI), DataMeg, Inc. (DTMG), Kingdom Ventures, Inc. (KDMV), Imaging Diagnostics, Inc. (IMDS), SHEP Technologies, Inc. (STLOF), EdgeTech Services, Inc (EDGH), Nutra Pharma Corp. (NPHC), Verdisys Inc. (VDYS), Calypte Biomedical Corporation (CYPT), Galaxy Energy Corp. (GAXI), PowerChannel, Inc. (PWRC), US Global Nanospace (USGA), and Universal Guardian Holdings (UGHO).
For up-to-the-minute news, features and links click on http://www.financialwire.net
Nice move up today!
Let's see if can continue.
Welcome!
I created this board as I feel this is qoing to be a great story to be told. I will be updating and adding items. Let me know if you have any requests.
Crank up the volume and enjoy the music!
I and probably many others feel the same way.
I will give them 30 days to follow up from the said date. I will then contact the company and decide to sell or hold. I cannot recommend this to anyone without information.
I'm hoping something is said because the company seems like it was heading in the right direction.
IMHO the date was released just before the meeting in China. They could just be trying to pump the company for China hoping a deal would be made with no intention of the Ireland deal. The company is giving no information so maybe a deal is still in order with China who knows.
Wish the company would give direction. Who wants to give up more money to a company that gives no information!
How long has it been?
I was going to contact them the middle of the month because of the lack of public communication. Investors seem to be getting restless as the PPS is declining. I hate giving up money to a company that doesn't respond or communicate.
Starting to feel like a sucker with this one. This has done nothing for me.....
Money did you see the huge trade blocks today?
2 large blocks of 300K each for .15
Interesting article
Turkey Fuel? Factory to Turn Guts Into Crude Oil
Nicole Davis
for National Geographic News
November 25, 2003
As Americans prepare to gobble down 45 million turkeys on Thursday, a factory in Carthage, Missouri, is turning the feathers and innards of the feted bird into a clean-burning fuel oil. Changing World Technologies (CWT), a New York environmental technology company that is behind the project, also has plans to turn the organic waste from chickens, cows, hogs, onions, and Parmesan cheese into light crude oil—and those are just the some of CWT's proposed ventures.
Your leftover Thanksgiving turkey may someday be a source of alternative energy. Changing World Technologies is developing technology that converts organic waste such as turkey guts into crude oil.
The company works such miracles through thermo-depolymerization (TDP), a process by which waste materials are broken down by intensive heat and pressure to produce natural gas, fuel oil, and minerals. The company's CEO, Brian Appel, says he can turn any type of carbon-based waste—be it computers or offal—into combustible fuel. But he admits many people are skeptical.
Any technology that promises to empty U.S. landfills, reduce dependence on foreign oil, and create a clean-burning crude is going to attract naysayers. While presenting New York City officials with a proposal to reform its municipal waste into fuel, one member of the consumer, environmental, and government reform advocacy group NYPIRG (New York Public Interest Research Group) stood up and said, "This guy isn't for real!"
"Afterwards," says Appel, a towering former college basketball player, "I went over and asked her, 'Who are you?' I had never heard of PIRG."
Appel heard from the group again when U.S. PIRG, the national advocacy office of the state PIRGs, mocked Republicans for including a U.S. $3-a-barrel tax incentive for TDP in the now-derailed energy bill. "After including their cash cows and all the polluter pork they could find," said a U.S. PIRG representative, "energy conferees have moved on to tax breaks for turkeys"—a $95 million dollar break, by U.S. PIRG accounting.
In actuality, CWT says, TDP would have received only a little more than U.S. $150,000 in credits.
Thermo-depolymerization mimics the Earth's own recipe for fossil fuels, but shaves millions of years off the production time. Waste—turkey guts, for instance—is mixed with water and ground into a thick slurry, which is then heated to 500 degrees Fahrenheit (260 degrees Celsius), pressurized at roughly 600 pounds per square inch (42 kilograms per square centimeter), and cooked for about 15 to 60 minutes until the organic material's molecular structure—its polymers—begin to break apart.
Pressure on the mixture is then dropped, releasing steam that is recaptured to power the remaining process. More heat, then distillation, creates the byproducts—natural gas, which is diverted back to fuel the bio-reformer; crude oil, which can be sold to refineries; minerals, to be used in materials like fertilizers; and water.
Barring nuclear waste, anything can yield these goods, according to proponents of the process: 100 pounds (45 kilograms) of tires, for instance, yields 44 pounds (20 kilograms) of oil (along with the other byproducts); a similar quantity of medical waste would result in 65 pounds (30 kilograms) of oil.
Other versions of the process have existed since the 1970s, but only Appel's addition of water and pressurization—instead of incineration, for example—has made the process environmentally friendly and, he claims, 85 percent energy efficient. "For every 100 Btus of energy in the waste that's used, only 15 Btus are needed to power the process," Appel said.
Some find that rate hard to believe. Immediately after a Discover article on TDP appeared in its May issue, bloggers began criticizing Appel's math online. To date, no study of his figures has appeared in an independent, peer-reviewed journal, a sure way to verify his claims. Appel says enough scientists have reviewed his technology, including Jeff Tester, a chemical engineer at MIT who acknowledged in MIT's Technology Review "They have certainly produced the products they've claimed at a smaller scale," but it remained to be seen whether the same results could be replicated at Carthage.
Appel received U.S. $5 million from the EPA to build the $20-million dollar Carthage facility it jointly owns with ConAgra, one of North America's largest packaged food companies. At full capacity, the plant is designed to turn 200 tons of turkey guts into 500 barrels of oil a day. If it performs as expected, proposed plants in Nevada, Colorado, Alabama, and Italy will also get off the ground—and make the oil more competitively priced. Appel estimates he would need around a few dozen plants in operation to put the cost of producing the oil at around $10 a barrel. The price could drop further as more plants are built, he says.
The implications, of course, are huge. The agricultural waste generated by the U.S. each year—roughly four billion tons—could theoretically yield the same amount of oil the country imports from the Middle East, a point not lost on former CIA director R. James Woolsey, an advisor to CWT, or Kevin Madonna, who represents environmental groups along with law partner Robert Kennedy. "Obviously any technology that can turn human waste into something that benefits society is a sound investment," says Madonna. "If TDP can recyle waste into oil, there is the added benefit of reducing our country's dependance on foreign oil."
Theoretically, TDP could help clean up the land and waters of the farmers and fishermen Madonna represents, whose livelihoods have been devastated by the waste deposited by corporate pig farmers. But he, like everyone else, is waiting on the outcome of what happens in Carthage.
Set to open in April, the plant began production just six weeks ago. "We've had the normal start-up challenges," says Appel, "ordering wrong parts, getting necessary training done," not to mention recombining all the disparate feathers and innards that are separated during production at ConAgra's nearby Butterball factory, then trucked to CWT's hydro-pulper. Each day, only a few tons of offal are processed into roughly 50 barrels of oil, but Appel expects to ramp up production in the next two months.
"There are a lot of people looking over their shoulders, waiting for us to fail," says Appel, adding that the non-believers can go on thinking the world is flat.
The proof will be in the turkey slurry.
Not sure if anyone is still following this company.
I wonder if agni got any contracts form the meetings in China?
Also see the pictures from the China meeting, at least we know they did go.
http://www.genesis-technology.net/trip2003.asp
Contracts worth 4 billion yuan signed at Agriculture Fair
www.chinaview.cn 2003-11-13 20:54:47
BEIJING, Nov. 13 (Xinhuanet) -- A total of 46 contracts involving agricultural projects were signed here Thursday at the on-going China International Agriculture Fair in the national capital.
Worth a total of 3.487 billion yuan (420 million US dollars) and 93.27 million US dollars, the projects include sales and processing of cereals, meat, aquatics, fruit and flowers.
So far, more than 80,000 buyers from 44 countries and regions have come to visit the fair or for business talks and purchases. The fair opened Tuesday and is expected to close on Sunday.
Sponsored by the Ministry of Agriculture, the fair has over 1,000 stands with a total exhibition area of 30,000 square meters. More than 400 Chinese agricultural companies are displaying their products at the fair. Enditem
Hey,
I like how this company is trying to improve. How many little OTCBB companies do you know that are under a buck but profitable. It also pays a dividend! I'll keep this site updated for news and events. Enjoy the music.
GLTY and always do your own DD!
USTT F/S Filed
FYI F/S are out eom
Anyone hear news on the China meetings?
I'm hoping they will have something positive about the meeting. Hopefully we hear something next week.
A little surpised the PPS is still where it is. I guess people are waiting to see the terms of the new plant. Seems like things will start rolling once the new plant goes live with agni.
GLTA!
NY show information
Show Web Address:
www.ihmrs.com
Show Manager Address:
George Little Management
10 Bank Street Suite 1200
White Plains, NY 10606
E-Mail Address:
ihmrs@glmshows.com
Show Manager Phone:
(800) 272-7469
Show Manager Fax:
(914) 948-6180
Exhibitor Information
914-421-3346
Attendee Information
914-421-3206
Anyone know someone going to Bluffton College?
Bluffton students to clean up on laundry
BLUFFTON -- Laundry is going high-tech at Bluffton College.
Students in all seven of the residence halls can now use the washers and dryers for free -- and this fall, they'll be able to go online to check the progress of their laundry loads.
Students no longer have to scrounge for quarters to operate the washers and dryers, according to Korine Steinke, director of residence life.
"All of the washers and dryers are free," she said. "So far, the students like it."
American Sales Inc. is providing this benefit to Bluffton College in return for a small fee that comes out of the room-and-board cost.
The fee will not be passed on to the 750 students on campus, however.
"This is another benefit offered to students as part of their room charge," said Don Schweingruber, vice president for student life.
Some more news for vending misers.
People love this product. It saves a lot of money for such a simple install
Vending miser' helps conserve base energy
by 2nd Lt. Tim Hinko
Energy Engineer
The average monthly utility cost on Hill AFB is $1.6 million — that’s enough to power more than 14,000 average size Utah homes in a month.
The Energy Management Office on Hill AFB pays that bill monthly, and always looks for opportunities to cut those costs so that more funds can be given to other base projects. With the help of new technologies and efforts by the conscientious, hardworking employees at Hill, many changes are being made for the better.
Two current energy saving projects are infrared heating and vending misers.
Infrared heating has been installed in approximately six aircraft maintenance facilities, including the 388th and 419th Fighter Wings. The system replaces the original forced-air steam heat with gas-fired infrared heating. The new heating method not only eliminates the losses associated with steam transfer but also has a much more efficient and quicker heat recovery time, resulting in more comfortable working conditions for maintenance personnel.
Another successful energy saving project has been vending misers. Vending misers are similar to the Vanilla Pepsi commercial where two customers try to get a soda from the machine but it keeps turning on and off because of a trick two other people are playing. The vending misers are energy saving devices that shut down a vending machine when no one is around, yet still keep the contents cold. They operate by sensing motion in the machine’s vicinity, coupled with surrounding ambient temperature to reduce its electrical consumption by up to 50 percent without degrading product temperature.
Approximately 250 refrigerated beverage machines base-wide have been modified with this new technology. These machines consume an average of 7.2 kilowatt-hours per day, 24 hours a day, 365 days a year. Estimated annual electrical cost ran upwards of $30,000. Installation and hardware costs are saved by taking advantage of a special energy efficiency rate schedule incentive through our purchased power provider, resulting in an annual savings of almost $15,000. They also promise that, regardless of the commercial’s humor, the machines function as promised and will deliver a cold beverage.
These projects and others like them are just a beginning. The opportunities to prepare for our future by saving energy and cutting costs are countless. The efforts shouldn’t be limited to larger projects, but can begin directly with you. Simple things such as turning the thermostat down a few degrees and turning off lights and other power driven equipment when not in use, will go a long way to helping Hill cut its costs utility costs.
For ideas or suggestions on saving energy in the office or home, contact the Energy Management Office at Ext. 7-5419.
Nice study that shows the savings of vending misers.
www.tech.purdue.edu/orgs/eccd/Newsletter03F.pdf
Results
www.msoe.edu/orgs/focus/vending.htm
From:
Paper Summaries from the 2003 ASEE Annual Conference
The Energy Conversion and Conservation (ECC) Division
"On-Campus Comparison of Energy Saving Technologies for Vending Machines by Glenn Wrate, Emily
Blakemore, Jeremy Poling, and Lee Greguske, Milwaukee School of Engineering and Wisconsin Focus on
Energy
As part of the Wisconsin’s Focus on Energy Program, the Milwaukee School of Engineering (MSOE) investigated
two possible technologies to save energy involving vending machines. MSOE is interested in this research for two
reasons: involvement of our students in emerging technologies to save energy and to provide a service to our
community. Two soda vending machines were installed in the student lounge of the Science Building, each
equipped with a different energy-saving device. The first device tested was a Vending Miser™. This device detects
motion outside the machine, and if no activity is sensed, this device turns off the vending machine after a
compressor cycle is completed. If activity is sensed in front of the machine, or if the device calculates that the
compressor should run to keep the soda cool, the vending machine is turned back on. The other technology tested
uses electroluminescent (EL) panels in place of the traditional fluorescent lights. Surprisingly, lighting accounts for
approximately half of the energy used by a typical soda vending machine. The results of this comparison were
provided to Focus on Energy to determine if additional funding of either technology was warranted. The results
were also published on a student-developed web page. Since the study was performed with students, in a high traffic
area, this research was a wonderful vehicle to increase student interest in the energy efficiency area. This paper
documents the two technologies, the students’ response to the different technology, the methods used to compare the
technologies, and the development of the web page. In addition, suggestions for further work in the area are made,
and lessons learned on this project are discussed. It was found that while the amount of energy saved is small for an
individual machine, Wisconsin alone has over 75,000 of these machines, so the total energy savings can be can be
substantial."
New out today.
USA Technologies to Unveil New Products and Services at International Hotel Show in New York
Friday November 7, 10:30 am ET
Business Express(R), Intelligent Vending(TM) & VendingMiser(TM) Headline Display
NEW YORK, Nov. 7 /PRNewswire-FirstCall/ -- USA Technologies (OTC Bulletin Board: USTT - News) announced today that it will unveil its most comprehensive range of Intelligent Vending(TM), VendingMiser(TM) and Business Express® Office Center network solutions at the International Hotel Motel and Restaurant Show (IHM&RS) opening in New York tomorrow.
"We enter IHM&RS 2003 in New York, our ninth consecutive appearance, with our biggest portfolio of offerings yet for the hospitality industry, and as the undisputed leader in unattended business center services," said Stephen P. Herbert, President and COO, USA Technologies. "Next week, we launch a new beginning for Business Express, in partnership with a global leader in document solutions and business center services."
The new partnership is expected to further strengthen the Business Express® offering, as well as generate significant interest from hotel customers, as well as the general public. Business Express is a significant revenue driver for USA Technologies, and the Company is planning for aggressive growth. The Company estimates it is signing approximately 10 new Business Express customers a month, as well as increasing sales to existing customers.
"We are building on our commitment to the hospitality industry by bringing to market ground-breaking new products and services, such as our e-Port cashless transaction solution and our energy saving VendingMiser for Intelligent Vending," said Mr. Herbert. "Our products are already changing the industry, dramatically increasing efficiencies, reducing costs, adding ease of use, and generating new revenue growth opportunities. Our solutions are reducing costs while improving the customer experience, and that points to growing customer satisfaction."
USA Technologies, for the first time, will have on display at the New York hospitality show an expanded range of end-to-end solutions for the hospitality industry. The company will demonstrate and display its full range of unattended Business Express® solutions, from hotel vending machines that can be activated by credit cards and hotel room keycards to the very latest EnergyMiser products that reduce energy costs in a variety of commercial appliances.
"The Initial response to our expanded line of products/services from our key hospitality customers has been overwhelmingly positive. We look forward to sharing these exciting new offerings with the entire industry in New York," said Mr. Herbert.
Best news yet!
I checked everywhere and couldn't find a thing. I bought today and pray everything is okay.
who is dumping at .19!
Another sale......!
new out 10/30/03
Texas Energy Company Accelerates 'Smart Vendor' Program to Equip 12,000 Vending Machines With USA Technologies' VendingMiser(TM)
Thursday October 30, 1:11 pm ET
MALVERN, Pa., Oct. 30 /PRNewswire-FirstCall/ -- USA Technologies, Inc. (OTC Bulletin Board: USTT - News) announced today that Austin Energy, of Austin, Texas, is accelerating its "Smart Vendor" program to equip the city's 12,000 vending machines with energy saving VendingMiser's.
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Austin Energy, the 10th largest community-owned electric utility in the United States, had initially planned to deploy VendingMiser over a five-year period, but now intends to convert the city's vending machines in half the time.
This month, the electric utility increased its initial purchase from USA Technologies of $625,000 for the first phase of the deployment to $800,000, six months ahead of plan. The total cost of the program, when completed, is expected to reach nearly $2 million.
Austin Energy officials said the decision to accelerate the energy conservation program was largely driven by the huge success of VendingMiser in reducing the cost of running the city's vending machines, as well as lowering environmentally damaging greenhouse gasses.
Austin Energy has seen an immediate reduction in energy costs of up to 42 percent. Austin Energy decided it would be in the city's interests if the "Smart Vendor" Program be accelerated and convert the machines as quickly as possible. Austin Energy provides energy to nearly one million residents.
"We're delighted that an electric utility the stature and size of Austin Energy is purchasing our energy management technology to save on power consumption, contribute to reducing the drain on the national grid, while reducing cost and expense to the community," said George R. Jensen, Jr., Chairman and CEO, USA Technologies. "What's happening in Austin is beginning to spread across America. Just last week the Clark County School District in Las Vegas, Nevada, began deploying VendingMiser on soft drink machines in 259 schools across the County," he said.
There are more than 20 power companies and energy utilities in the nation that have assessed the value of USA Technologies' energy management technology, and are offering rebates of upwards of $125 per unit, as well as discounts to customers who purchase the VendingMiser's.
Clark County was one of the first school districts to initiate an energy policy to mandate that all school vending machines be equipped with VendingMiser as part of a new energy saving policy. The Nevada Power Company is helping offset the cost of installations in the Las Vegas schools by offering a $100 per unit rebate for the first 700 vending machines that are equipped with VendingMiser.
"More and more school districts are showing keen interest in VendingMiser, and we anticipate many will adopt similar energy saving policies when they realize the potential energy savings we can provide," Mr. Jensen said.
About USA Technologies:
USA Technologies is a leader in the networking of distributed assets, wireless non-cash and m-commerce transactions, associated financial/network services and interactive media technology and energy management. USA Technologies provides networked credit card and other non-cash/mobile commerce systems in the vending, commercial laundry, hospitality and digital imaging industries. USA Technologies is an IBM Business Partner and an inaugural member of the Sprint Enabling Application Service Provider Program for e-commerce. The Company has marketing agreements with the IBM Corporation and MEI and the ZiLOG Corporation. http://www.usatech.com
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product acceptance, the ability to increase revenues, the ability to achieve profitability, the ability to obtain orders for its products, the ability to obtain new customers, the ability to meet installation goals, economic, competitive, governmental impacts, whether its pending patents will be granted or defendable; validity of intellectual property and patents of USA, the ability of USA to license its patents, the ability of USA to commercialize its developmental products, technological and/or other factors, which could cause actual results or revenues to differ materially from those contemplated by these statements.
To who is selling your shares
@ ask for .21 - .22
please post before next time when you are selling so I can buy them! Missed it again today.....
News out again today..Vending misers in schools!
I like the small stock float for this company. However there doesn't seem to be a lot of buyers at this point. I got those .21 & .22 lots too easily. I have seen volume in this stock before. I think once plants get online we should see people take interest. I still would like to see this over .50 with speculation alone.
Geez its hard not to buy when everyone is offering share .30+ and then you see lots for .21 & .22 .....I just had to get um!
Well it looks like you already have some nice gains on this one. If anything hold for over a year to get the better long term tax rate. Also if you hold past the year end you won't claim the gains until the next tax year or due april 2005.
Everyone has there own opinion of when to buy and sell on various stocks. We could be here all day discussing why we should sell and why not to sell. The fact is there is no right or wrong answer. It is rather what you feel comfortable with. It's hard to tell what people are feeling and when they are going to sell. These OTCBB stocks are VERY risky. Many day traders unfamiliar with investing, A ton of manipulation by MMs, and small companies with no profits.
IMHO the stock should stay at least over the .40 mark through year end. I like the institutional investor buying of this company (That is if the MMs don't naked short it down to .05)
I like the next quarter results reported in November. Looks very strong. It should at least keep people from selling. Looking for American Sales to Purchase Esuds products for revenues in 2nd qtr (10/31 - 12/31).
I don't think this will break a dollar without some strong eport contract sales. I need more input about the eport chip. The new vending miser technology is going to be added to the chip. I need to know if this will delay the eport chip availability. Not even sure when it is expected to be available.
Losses are also expected to continue in 2004. So far it has been proven the vending industry in the US has not been quick to adopt the credit card wireless technology. However I do think this is the way it is going. People just fear change. Once it catches on it should spread quickly IMHO.
Everything changes very quickly......
News out....Sprint agreement...eom
Seems like weakness was due to an exclusive Pepsi agreement with USWE.
Could it be USWE with Pepsi?
Hope there ready for Coke and Eport/zilog technology with vending miser technology.....Go USTT!
Could it be ......Coke Vs. Pepsi?
Going to get interesting......Want to play?
Now below the 200 DMA! Crazy Sale!
Stock trading at the 200 DMA.
This is a good time to get on board. Have not seen these prices for months. I think this is oversold as the company is starting in on an improving year!
FYE June 2003 Financial Statements now available!
See link above.
Vending Machine Serves Up Pizza
Machines To Be Introduced In Fall
This is cool. I would bet USTT is involved in this. The machine specs looks like it could be USTT! Does anyone know? I would think USTT would of released something seeing this release next month.
Wonder Pizza, USA is going to be at NAMA. If anyone is going check it out.
http://www.namaexpo.org/attendee/exhibitor.php
Machines specs
http://www.gruppoferap.it/inglese/wonder_distributore.htm
POSTED: 6:29 p.m. EDT August 18, 2003
UPDATED: 12:36 p.m. EDT August 19, 2003
NEW BEDFORD, Mass. -- Something's cooking in a new vending machine -- pizza.
"It takes the world's most popular food and puts it in places heretofore totally unavailable," said investor Paul Battaini.
Battaini is one of three New Bedford businessmen who hope the pizza vending machine -- made in Italy -- brings in their "piece of the pie" when it makes its American debut this fall.
"We see these machines all over the United States: colleges, high schools, secondary schools, military bases. You name it," Battaini said.
Pizza Vending Machine
Wonder Pizza USA, as the company is called, holds the exclusive U.S. rights to the vending machine, which is already successful in Europe. The men said they're talking to Coca-Cola, Exxon and even Dunkin' Donuts about the possibilities.
Demonstration models are outfitted for European money, but the American version will accept all forms of U.S. currency up to a $20 bill, as well as debit and credit cards.
The pizza will cost $5 and it's cooked in less than two minutes.
How does the pie slice up taste-wise? The Consumer Unit was pleasantly surprised to find it tasted fresh, not frozen.
If all goes as planned, the machine will be installed at companies and public places starting in November.
Overseas Private Investment Corporation (OPIC) in Process of Moving Forward With Agronix, Inc. in Ireland
Wednesday September 24, 8:11 AM EDT
Agronix, Inc. (AGNI) is pleased to announce that it has received a letter from OPIC confirming they are "moving forward in their process of Agronix, Inc.'s financing of its project in Ireland."
OPIC President Peter S. Watson stated, "The technology that will be used in your organic waste processing facility in Ireland is fascinating, and OPIC is keenly interested in how that technology can be applied in many other countries."
Agronix's CEO, Peter Drummond, commented, "Agronix is very fortunate to have a potential strategic partner of OPIC's stature supporting the financing process in Ireland. Mr. Drummond added, "We are very pleased with the extensive work the Agronix Operations Division has made developing the background and financial information for the acquisition of this key Irish plant."
About OPIC
OPIC was established as an agency of the U.S. government in 1971. It helps U.S. businesses invest overseas, fosters economic development in new and emerging markets, complements the private sector in managing risks associated with foreign direct investment, and supports U.S. foreign policy. Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers.
OPIC's political risk insurance and financing help U.S. businesses of all sizes invest in more than 150 emerging markets and developing nations worldwide. Over the agency's 32-year history, OPIC has supported $145 billion worth of investments that have helped developing countries to generate over $11 billion in host-government revenues and create over 680,000 host-country jobs. OPIC projects have also generated $65 billion in U.S. exports and created more than 254,000 American jobs.
About Agronix
Agronix is a recognized leader in innovative organic waste management technology. The Company's BCR System converts organic waste materials (animal manure, sewage sludge, bio-solids, and industrial food processing waste, etc.) into organic fertilizers, soil amendments and other value added agricultural products. The Company is also engaged in the business of developing their BCIR System technology that is used to recover chemical commodities from organic waste for a wide variety of commercial industries such as agriculture, food, oil and gas, paper, clothing and pharmaceuticals. http://www.agronixinc.com
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
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Welcome investors,
It was about 30 years ago when ATM machines came out and many believed it would fail and couldn’t be done. Today we couldn’t live without them.
There is a new revolution going on now. USA Technologies is revolutionizing wireless and cashless transactions.
If you are already a wise investor you should have already done your research in this great company. Please
share your comments and thoughts to all about the company.
If you are thinking about investing, this is a chance to get into a company before it gets very well known.
IMHO you are in the right place at the right time. Always remember to do your DD
Good luck to all!
Thanks Money!
BTW,
This site is cool. I want to start a board for a company. Is it difficult to add graphics, etc.?
-BigJ
Could someone please post comments from the meeting?
If possible, it would be interesting to know what was said.
TIA