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LWCTF read the news!!>>> Absolute Steal!
LCTI Low Carbon Technologies International Inc. Completes Audit for 2011 and 2012 and Provides Business Update
LCTI Low Carbon Technologies International Inc. Completes Audit for 2011 and 2012 and Provides Business Update
Records $189 Million of Shareholder's Equity for Fiscal 2012
VANCOUVER, BC--(Marketwired - January 08, 2014) - LCTI Low Carbon Technologies International, Inc. (PINKSHEETS: LWCTF) (the "Company"), a diversified company focused on the clean-tech, construction, energy & energy efficiency, environmental, mining and real estate business sectors, announced today that it has completed its audits for the fiscal years ending August 31, 2011 and August 31, 2012.
"We are pleased to report we have completed our audits for fiscal 2011 and 2012," stated CEO Bryan Scott Jarnagin. "Our goal is to complete our audit for the fiscal year ending August 31, 2013 by March 2014, which will bring us current in our reporting and takes us one step closer to listing on a senior exchange in the U.S. Importantly, our audits show over $5 million of EBITDA in fiscal 2012 and shareholder's equity of $189 million as of August 31, 2012. Based on our current share count of 139 million shares outstanding, this represents a book value of over $1.35 per share at the end of fiscal 2012. We expect our final audit will show our book value improving even further in fiscal 2013."
"Our business is performing very well and we generated over $6 million in revenue for the year ending August 31, 2013, up 72% from last year. As we progress through fiscal 2014, we see this trend continuing as we execute on our business plan. In fact, our contracts for the first quarter of 2014 exceeded our total revenues for 2013 and we are exploring additional acquisitions that would further enhance both our revenues and EBITDA. With eight acquired companies to date, we have clearly demonstrated our ability to identify and execute acquisitions at attractive multiples. We now have a proven track record of combining promising green technologies with profitable operating businesses, which allows us to accelerate the growth of both businesses while de-risking new technologies. Moreover, we have executed on this strategy while maintaining a very clean capital structure and minimizing dilution to shareholders."
About LCTI Low Carbon Technologies International Inc.
LCTI Low Carbon Technologies International Inc. is a diversified clean-tech holding company. LCTI acquires profitable operating businesses, and clean-tech technologies. LCTI utilizes its clean-tech technologies in the development of clean-tech projects. LCTI combines the clean-tech technology with each profitable operating businesses. LCTI also issues technology sub-licenses and in return receives equity in projects and/or the companies who are issued the clean-tech technology license. For more information please visit our website www.lctiinc.com
Safe Harbor
This news release contains forward-looking statements. These statements fall within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Such statements are not historical facts; including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results -- all forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Other factors may cause the Company or the industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
Investor Relations:
David Waldman/Natalya Rudman
Crescendo Communications, LLC
Telephone: (212) 671-1020 x304
Email: lcti@crescendo-ir.com
(MORE TO FOLLOW) Dow Jones Newswires
January 08, 2014 11:13 ET (16:13 GMT
LWCTF read the news!!>>>
LCTI Low Carbon Technologies International Inc. Completes Audit for 2011 and 2012 and Provides Business Update
LCTI Low Carbon Technologies International Inc. Completes Audit for 2011 and 2012 and Provides Business Update
Records $189 Million of Shareholder's Equity for Fiscal 2012
VANCOUVER, BC--(Marketwired - January 08, 2014) - LCTI Low Carbon Technologies International, Inc. (PINKSHEETS: LWCTF) (the "Company"), a diversified company focused on the clean-tech, construction, energy & energy efficiency, environmental, mining and real estate business sectors, announced today that it has completed its audits for the fiscal years ending August 31, 2011 and August 31, 2012.
"We are pleased to report we have completed our audits for fiscal 2011 and 2012," stated CEO Bryan Scott Jarnagin. "Our goal is to complete our audit for the fiscal year ending August 31, 2013 by March 2014, which will bring us current in our reporting and takes us one step closer to listing on a senior exchange in the U.S. Importantly, our audits show over $5 million of EBITDA in fiscal 2012 and shareholder's equity of $189 million as of August 31, 2012. Based on our current share count of 139 million shares outstanding, this represents a book value of over $1.35 per share at the end of fiscal 2012. We expect our final audit will show our book value improving even further in fiscal 2013."
"Our business is performing very well and we generated over $6 million in revenue for the year ending August 31, 2013, up 72% from last year. As we progress through fiscal 2014, we see this trend continuing as we execute on our business plan. In fact, our contracts for the first quarter of 2014 exceeded our total revenues for 2013 and we are exploring additional acquisitions that would further enhance both our revenues and EBITDA. With eight acquired companies to date, we have clearly demonstrated our ability to identify and execute acquisitions at attractive multiples. We now have a proven track record of combining promising green technologies with profitable operating businesses, which allows us to accelerate the growth of both businesses while de-risking new technologies. Moreover, we have executed on this strategy while maintaining a very clean capital structure and minimizing dilution to shareholders."
About LCTI Low Carbon Technologies International Inc.
LCTI Low Carbon Technologies International Inc. is a diversified clean-tech holding company. LCTI acquires profitable operating businesses, and clean-tech technologies. LCTI utilizes its clean-tech technologies in the development of clean-tech projects. LCTI combines the clean-tech technology with each profitable operating businesses. LCTI also issues technology sub-licenses and in return receives equity in projects and/or the companies who are issued the clean-tech technology license. For more information please visit our website www.lctiinc.com
Safe Harbor
This news release contains forward-looking statements. These statements fall within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Such statements are not historical facts; including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results -- all forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Other factors may cause the Company or the industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
Investor Relations:
David Waldman/Natalya Rudman
Crescendo Communications, LLC
Telephone: (212) 671-1020 x304
Email: lcti@crescendo-ir.com
(MORE TO FOLLOW) Dow Jones Newswires
January 08, 2014 11:13 ET (16:13 GMT)
LWCTF read the news!!>>>
LCTI Low Carbon Technologies International Inc. Completes Audit for 2011 and 2012 and Provides Business Update
LCTI Low Carbon Technologies International Inc. Completes Audit for 2011 and 2012 and Provides Business Update
Records $189 Million of Shareholder's Equity for Fiscal 2012
VANCOUVER, BC--(Marketwired - January 08, 2014) - LCTI Low Carbon Technologies International, Inc. (PINKSHEETS: LWCTF) (the "Company"), a diversified company focused on the clean-tech, construction, energy & energy efficiency, environmental, mining and real estate business sectors, announced today that it has completed its audits for the fiscal years ending August 31, 2011 and August 31, 2012.
"We are pleased to report we have completed our audits for fiscal 2011 and 2012," stated CEO Bryan Scott Jarnagin. "Our goal is to complete our audit for the fiscal year ending August 31, 2013 by March 2014, which will bring us current in our reporting and takes us one step closer to listing on a senior exchange in the U.S. Importantly, our audits show over $5 million of EBITDA in fiscal 2012 and shareholder's equity of $189 million as of August 31, 2012. Based on our current share count of 139 million shares outstanding, this represents a book value of over $1.35 per share at the end of fiscal 2012. We expect our final audit will show our book value improving even further in fiscal 2013."
"Our business is performing very well and we generated over $6 million in revenue for the year ending August 31, 2013, up 72% from last year. As we progress through fiscal 2014, we see this trend continuing as we execute on our business plan. In fact, our contracts for the first quarter of 2014 exceeded our total revenues for 2013 and we are exploring additional acquisitions that would further enhance both our revenues and EBITDA. With eight acquired companies to date, we have clearly demonstrated our ability to identify and execute acquisitions at attractive multiples. We now have a proven track record of combining promising green technologies with profitable operating businesses, which allows us to accelerate the growth of both businesses while de-risking new technologies. Moreover, we have executed on this strategy while maintaining a very clean capital structure and minimizing dilution to shareholders."
About LCTI Low Carbon Technologies International Inc.
LCTI Low Carbon Technologies International Inc. is a diversified clean-tech holding company. LCTI acquires profitable operating businesses, and clean-tech technologies. LCTI utilizes its clean-tech technologies in the development of clean-tech projects. LCTI combines the clean-tech technology with each profitable operating businesses. LCTI also issues technology sub-licenses and in return receives equity in projects and/or the companies who are issued the clean-tech technology license. For more information please visit our website www.lctiinc.com
Safe Harbor
This news release contains forward-looking statements. These statements fall within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Such statements are not historical facts; including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results -- all forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions. Other factors may cause the Company or the industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
Investor Relations:
David Waldman/Natalya Rudman
Crescendo Communications, LLC
Telephone: (212) 671-1020 x304
Email: lcti@crescendo-ir.com
(MORE TO FOLLOW) Dow Jones Newswires
January 08, 2014 11:13 ET (16:13 GMT)
VYPI micro flt .0004s
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NUVI smokin
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AZZP ultra thin on the move
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With Insiders dumping huge quantities of shares you may want to reconsider and buy back at 200-250
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MULTI BAGGER NEWS CTLE
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Nano Labs Announces Promising Developments in Nanotechnology Gasoline (GlobeNewswire)
Nano Labs Announces Promising Developments in Nanotechnology Gasoline
10:26a ET September 24, 2013 (GlobeNewswire)
Nano Labs Corp. (OTCQB:CTLE) is pleased to present the industry with promising test results relating to a proprietary nanotechnology which replaces commercial gasoline.
The Company has successfully tested their Nanotechnology Gasoline (NG). The technology combines 60% commercial grade gasoline with 40% ordinary drinking water plus the Company's proprietary nanotechnology. The result may mean an alternative to existing additives, like Ethanol, MTBE, Benzene, Methanol, and Aromatics additives that are harmful to the environment.
The Company has replaced 40% of gasoline with water and nanotechnology which thereby dramatically reduces the need of gasoline by over a third, thereby increasing fuel efficiency and reducing environmental emissions.
The Company reports that five gasoline mixtures were successfully tested; the tests were repeated three times over a period of thirteen months.
"Our new nano gasoline mixture combines our technology with normal tap water and gasoline which does not separate. In fact, it has remained intact after many months of testing. Also, the nano fuel does not freeze at temperatures of minus 40 degrees Celsius," states Dr. Victor Castano, Chief Innovations Officer of Nano Labs. "This is by far one of the most interesting projects our teams are working on right now, a game changer in the energy sector."
"This new technology would not require any changes to the existing refinery process and our nanotechnology could be applied directly at the fuel storage container stage," adds Mr. Bernardo Camacho Chavarria, President of Nano Labs. "This new technology could dramatically increase profits for the oil companies that they could pass on to consumers, and at the same time dramatically decrease the harmful emissions that contribute to global warming. It is important to note that we are at the development stage of the product, and are currently working with third-party labs for Octane and BTU Certification Testing. With these results we are looking to finalize a roadmap for commercialization and reporting back to industry and our shareholders."
About Nano Labs
Nano Labs Corp. (CTLE) is a nanotechnology research and development company which began during October 2012, but is able to access resources that encompass nearly 30 years of research and development in nanotechnology as well as hundreds of peer-reviewed and published research papers and other scholarly material. The Company's research and development team of scientists, designers, and engineers is focused on creating a portfolio of advanced products that could provide benefits to a variety of industries including: (i) consumer products, (ii) energy, (iii) materials, and (iv) healthcare. Through the use and integration of proprietary nano compounds, our goal is to evolve common products into new, revolutionary products in order to make the world a better place. Nano Labs shares are traded on the OTC Bulletin Board in the United States under the ticker CTLE. For more information, please visit www.NanoLabs.us.
The Nano Labs Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16293
Forward looking statements
This press release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those laws. These forward-looking statements are based upon a number of assumptions and estimates that are subject to significant uncertainties that involve known and unknown risks, many of which are beyond our control and are not guarantees of future performance. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in any such forward-looking statements and any such difference may be caused by risk factors listed from time to time in the Company's news releases and/or its filings with the OTC Bulletin Board or as a result of other factors.
CONTACT: Nano Labs Corp.
Bernardo Camacho Chavarria
President
1 (888) 806-2315
http://media.globenewswire.com/cache/23933/small/17241.jpg
(Logo: http://media.primezone.com/cache/23933/int/17241.jpg)
http://www.globenewswire.com/newsroom/ti?nf=MTMjMTAwNDk2OTkjMjM5MzM
September 18, 2013
1:40p
Nano Labs Reports on Commercial Testing and Application of Intumescent Fire Resistant Coating (GlobeNewswire)
September 17, 2013
11:22a
Nano Labs Secures First Contract for Purchase of Intumescent Fire Resistant Coating (GlobeNewswire)
August 30, 2013
4:21p
Nano Labs Signs Agreement With CIMVA, the Advanced Materials Research Center, to Develop and Market Nanotechnologies (GlobeNewswire)
August 28, 2013
11:53a
Nano Labs Teams Up With Panam GP Series and Ferrari Driver Academy Latin America (GlobeNewswire)
August 21, 2013
3:09p
Nanotech Immune Stimulant (NIS) Shows Promising Prevention of Parahaemolyticus Vibrio Disease in Shrimp Aquaculture (GlobeNewswire)
August 15, 2013
7:00a
Nano Labs and Empire EMCO Sign Confidential Disclosure Agreement to Develop Green Clothes Softener Market (GlobeNewswire)
August 13, 2013
10:49a
Nano Labs Corp. (CTLE) Announces Next-Generation Water Proof and Fire Resistant Coating (GlobeNewswire)
August 12, 2013
1:49p
Nano Labs and Grupo Metal Intra (GMI) Sign Non-Disclosure Agreement (GlobeNewswire)
July 29, 2013
11:46a
Nano Labs Presents at Institute National d'Optique Conference (GlobeNewswire)
July 9, 2013
7:00a
Nano Labs Announces a Greener Approach in Clothes Softeners That Provide Lasting Freshness (GlobeNewswire)
February 4, 2013
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Nano Labs Signs Letter of Intent with Resinas BYR for Manufacture and Distribution Agreement of
CTLE exploding!
CTLE about to break out - game changing news out today