Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What's on tap?
stevo....good to see dropping in!
ELTP news:
Elite Pharmaceuticals, Inc. Reports Financial Results for the Third Quarter of Fiscal 2011
2011-02-14 06:30 ET - News Release
NORTHVALE, N.J., Feb. 14, 2011 (GLOBE NEWSWIRE) -- Elite Pharmaceuticals, Inc. (OTCBB:ELTP), a specialty pharmaceutical company dedicated to developing and commercializing oral controlled release product formulations, announced results for the fiscal third quarter ended December 31, 2011.
For the third quarter, consolidated revenues were $1.2 million, an increase of 34% compared with last year's third quarter, with substantially all revenues being derived from the manufacture, sale and lab services related to the Lodrane family of products.
Profits from operations were $72,931 for the third quarter, as compared to last year's third quarter operating losses of $509,893. This marks the first quarter in which the company has achieved an operating profit and is indicative of results achieved pursuant to the continuing efforts by management to increase manufacturing efficiency and reduce operating costs.
GAAP net income, including non-cash revenues and expenses relating to the accounting treatment of preferred share derivatives and the fair value of warrant derivatives, was $5.9 million. Basic net income was $0.06 per share and fully diluted net income was $0.02 per share.
For the first nine months of fiscal 2011, cash flow from operations was a positive $318,457, compared to a negative operating cash flow of ($1.1 million) for the same period last year. Approximately $400,000 of cash has been invested in the purchases, previously announced, of three approved ANDA's, and in the continued expansion and improvement of Elite's manufacturing facilities. Total net cash flow for the first three quarters, inclusive of cash from operations and cash used in investing and financing activities was a negative $162,993. Our cash balance as of December 31, 2010 was $415,194.
The company is currently in discussions to license its once daily oxycodone product, ELI-154, to a European marketing partner and is progressing towards scale-up in the development of its abuse-resistant formulation of oxycodone, ELI-216.
The Company will host a conference call to discuss the results of operations and provide an update on recent business developments today at 10:00 AM EST. Company executives will also conduct a question and answer session following their remarks.
And a Good Morning to you sir....ELTP has some news out this morning, could make for some $$$$$
Morning, anything exciting out there?
She's ready to go today!
SFIO .007 +16 points!
Smokefree Innotec Hits the Mark With Online Shopping Cart
2011-02-04 09:55 ET - News Release
LAS VEGAS, NV -- (MARKET WIRE) -- 02/04/11
Smokefree Innotec, Inc. (PINKSHEETS: SFIO), an established international distributor of e-cigarettes, (http://www.sfio.us or http://www.realsmokefree.com) declared today through its President and CEO Thomas Schroepfer, that "With some minor fine tuning, our shopping cart is now fully operational giving our customers the opportunity to purchase the first of our products being offered: Smokers Option, in both Menthol and Cinnamon. The web site itself is undergoing extensive redesign, to include complete product description located in easy to access click through portals. Beginning with Smokers Option presently available, additional products expected to be offered soon include 'smokeless REAL e-cigarettes' (pronounced 'Re-Al') with an inventory of redesigned starter kits scheduled for delivery before the end of March. Marking a price reduction from $79 to under $18, the starter kits have been redesigned with our new technology to include the electronic device ('Zig') and an initial supply of 10 filters, a compact charging unit and power supply, all designed to fit inside a package the size of a cigarette box."
George Roth, CFO, added, "In prior press releases it had been disclosed that new technology was being researched and applied with the intention to have new products under development ready by the first quarter of 2011, allowing customers better and broader choices. We now have fulfilled on that expectation. Domestic and offshore production of the redesigned and less expensive REAL e-cigarettes is underway, and barring unforeseen circumstances they will added to the shopping cart before the end of March. Our present inventories of products sold internationally as seen on our website are presently committed to those markets; but all new product lines will be first introduced in the U.S."
brich....ELTP if your interested!
ELTP starting up on news>> Elite Pharmaceuticals Announces FDA Approval for Generic Phentermine HCL Tablets
2011-02-04 09:30 ET - News Release
NORTHVALE, N.J., Feb. 4, 2011 (GLOBE NEWSWIRE) -- Elite Pharmaceuticals, Inc. ("Elite" or the "Company") (OTCBB:ELTP) announced today the approval of an Abbreviated New Drug Application (ANDA) for phentermine HCl 37.5 mg tablets by the U.S. Food and Drug Administration (FDA). The phentermine HCl tablets are the generic equivalent of the Adipex-P® 37.5 mg tablets. The product and its equivalents had annual sales of approximately $40 million in 2010 and there are currently six other approved generic manufacturers plus the innovator. On September 16, 2010, Elite had previously announced the acquisition of the ANDA for this generic product from Epic Pharma LLC ("Epic"). The ANDA approval was granted under Epic Pharma's name and transfer of the ANDA into Elite's name will begin immediately.
Also previously disclosed on September 16, 2010, this product was part of a license agreement and a manufacturing and supply agreement (together the "Agreements") with Precision Dose, Inc. (Precision Dose) which has a wholly owned subsidiary, TAGI Pharma, Inc. ("TAGI Pharma") which will distribute the product. Pursuant to the previously disclosed Agreements, TAGI Pharma will market and sell this product and Elite will manufacture the product. Elite will receive a milestone payment upon shipment of the first product to Precision Dose and Elite will receive a percentage of the gross profit, as defined in the License Agreement, and earned by TAGI Pharma as a result of sales of the products. The license fee is payable monthly for the term of the License Agreement.
"Elite currently manufactures Lodrane 24® and Lodrane 24D® which are marketed by our partner, ECR Pharmaceuticals, for allergy treatment, and in addition to this phentermine product, we expect to launch two additional products this year that will be marketed by TAGI. Collectively, these products will allow the company to fully realize the implementation of the business plan that was put in place to turn the company into a profitable operational company," commented Jerry Treppel, Chairman and CEO.
TXHG news>> TX Holdings Acquires Remaining 25% Working Interest in Parks Lease Located in Callahan County, Texas
2011-02-03 12:06 ET - News Release
ASHLAND, KY -- (MARKET WIRE) -- 02/03/11
TX Holdings, Inc. (OTCBB: TXHG), an oil and gas operator and exploration company, announces today that it has acquired the remaining 25% working interest in its Parks Lease located in Callahan County, Texas. The Company now has 100% total working interest in this lease. Under the terms of the purchase TX Holdings relinquishes the 8.5% working interest the Company owned in the Contract Area 1 lease located in Eastland County, Texas.
For this consideration the Company paid a total of $10,000.00. This purchase now gives TX Holdings 100% of the revenue the Parks lease is currently generating that allows the Company more leverage in future expansion. The Parks Lease is currently producing between 60 to 90 barrels of oil per month. The Company fully expects to increase this to 150 or 200 barrels of oil per month before the year's end.
In addition to the lease purchase, TX Holdings has also purchased an additional 2 acres with 2400 square foot of storage facilities on the property. The specific property purchased is described as lots 1-12, block 28 located in the Town of Putnam, Texas in close proximity to the Parks Lease. The property will be used for secure storage of the Company's equipment used for maintenance and drilling.
TX Holdings remains committed to further developing the field while continuing its research for additional prospects that meet the profile that management has identified. The Company's ongoing commitment to increase shareholder value through merger and acquisitions and joint venture opportunities has resulted in discussions with several significant acquisition candidates that could provide TX Holdings with exponential growth and positive outlook for 2011. For more detailed information please visit the Company's Web page at: www.txholdings.com
About TX Holdings, Inc.
TX Holdings; objective is to develop oil and gas fields that were under-developed in the 1970s due to oversight and antiquated extraction methods used during the original development of the wells at that time. Most of these reserves are now accessible and identifiable with modern production methods using high-tech data accumulation and analysis capabilities.
The Parks Lease is 320-acres and currently has 22 shallow wells. TX Holdings now has 100% working interest in this lease. To date we have reactivated 12 wells, 10 producers and 2 injectors. The current production averages 60-90 barrels a month. We are in the middle of a work-over and reactivation program to increase production. We anticipate 200-250 barrels per month within the next 12 months
Forward-Looking Statements
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Henry Harrison
IR Pro 2.0
407-682-2001
hharrison@insidewallstreet.com
www.irprpro.com
plug as in the next "push"?
Check CLRH now, .0055 x .006 last .0055 +25% on 1.1 million!
Morning....MXXH on the move, news below:
Matrixx Resource Holdings, Inc. to Acquire Significant Working Interest Located in Live Oak County, Texas
2011-02-01 09:30 ET - News Release
HOUSTON, TX -- (MARKET WIRE) -- 02/01/11
Matrixx Resource Holdings, Inc. (PINKSHEETS: MXXH), announced today that as per its recent 8K filing, the Company has entered into a definitive agreement to acquire a 25% interest in 82.2 acre lease known as the Sanger Heirs prospect in Live Oak County.
As per the agreement dated January 20, 2011, the Company and the operator have entered escrow and anticipate closing as per the agreement. Upon closing, further updates will become available.
Pursuant to the terms of the Agreement, the Company purchased a 25% working interest in the Sanger Heirs #1 lease in exchange for $200,000. The $200,000 payment includes the Company's prospect fee and dry hole costs up the casing point. The lease is an 82.2 acre oil and gas lease in Live Oak County, Texas.
The terms of the Agreement further obligate the Company to pay its proportionate share of the completion cost of the well. The Company and Tejones provide for closing on this transaction on or before February 4th, 2011, at which time the operator will begin site preparation and will commence drilling subject to the transportation of and availability of a drilling rig.
The Sanger Heirs (Wilcox) Prospect is located northeast of the Rhode Ranch East Field. This field has produced 53 BCF of gas from the Upper Wilcox sand. The 7 Slick Sand wells produced 50.3 BCF of gas. The Rhode Ranch East Field is located between two down-to-the-coast growth faults. These faults created a large anticline structure that trapped the Upper Wilcox Sand section. A second major Upper Wilcox field was discovered northeast adjacent of the prospect in Elms Field. It is on strike with our prospect and East Rhode Ranch Field. The 7 best Slick wells in this field produced 43.6 BCF of gas. The field is similar to Rhode Ranch East in that it is located between two down-to-the-coast faults and is of similar size. A third Wilcox Slick Sand field is located east and adjacent of the prospect. This is a small field consisting of 4 wells drilled deep enough to test the Slick Sands. The three best wells in this field produced 7.2 BCF of gas. This trap is an upthrown closure against the eastern most fault. There is a structural reversal of dip between this field and the Hanson-Sanger 1-B well. This well traps in the Slick Sand against an up-to-the-coast fault seen on seismic. A fourth Wilcox Slick Sand field is south of the acreage in Cloeter and Sanger Ranch Fields. Each field has one well, which produced in the Slick Sand. These two wells produced 3.27 BCF of gas out of an anticline bordered to the west by a substantial up-to-the-coast fault.
The prospective anticline is bordered to the northeast by Arco-Riser #3 well and the M.P.S. Prod.- Riser #3. The top of the Slick Sand is at -6833' and -6808' respectively. This shows a 25 foot gain of structure to the southwest. On the southwest side of the structure the Southland-Sanger #1 well was drilled and the top of the Slick Sand came in at -6836'. This being flat to the Arco-Riser #3 well is less than one mile to the northeast. On the east side of the drill site there is a small down-to-the-coast fault seen seismically and in the Arco and M.P.S. Producing wells. East of this north/south fault is a substantial up-to-the-coast fault seen seismically. This fault is believed to have created the hydrocarbon trap responsible for the gas production found in the Hanson-Sanger #1-B well. The four wells previously mentioned are believed to be on the flanks of an anticline that crests near the proposed drilling location.
The 3-D seismic data show the structural high to be tested by this prospect to be 62' high to the M.P.S. Producer - Riser #3 well, which is the highest well on this anticline. There is approximately 100' of Slick Sand and about 50' of Luling WX Sand found in this well. There is a high probability that Slick Sand will have a productive column of gas of 40' to 50' of sand at the top of the structure. Also the Luling Wx Sand could have 20 plus feet of pay sand. The productive Slick Sand sections in the best producing wells of East Rhode Ranch and Elms Fields had pay sections over 100' thick and produced 10 plus BCF of gas per well.
In consideration of the analogous well data from the adjacent properties, 6 to 8 BCF of gas is an extremely low expectation. The operator has begun to request bids on rig availability and timelines. It is anticipated by the parties that this well should be prepared in Q4 of this year. Anticipated drilling time to test depth is 15 days. Seismic and technical data will be posted on the website.
MXXH .0039 +30% looking good!
MXXH news --> Matrixx Resource Holdings, Inc. to Acquire Significant Working Interest Located in Live Oak County, Texas
2011-02-01 09:30 ET - News Release
HOUSTON, TX -- (MARKET WIRE) -- 02/01/11
Matrixx Resource Holdings, Inc. (PINKSHEETS: MXXH), announced today that as per its recent 8K filing, the Company has entered into a definitive agreement to acquire a 25% interest in 82.2 acre lease known as the Sanger Heirs prospect in Live Oak County.
As per the agreement dated January 20, 2011, the Company and the operator have entered escrow and anticipate closing as per the agreement. Upon closing, further updates will become available.
Pursuant to the terms of the Agreement, the Company purchased a 25% working interest in the Sanger Heirs #1 lease in exchange for $200,000. The $200,000 payment includes the Company's prospect fee and dry hole costs up the casing point. The lease is an 82.2 acre oil and gas lease in Live Oak County, Texas.
The terms of the Agreement further obligate the Company to pay its proportionate share of the completion cost of the well. The Company and Tejones provide for closing on this transaction on or before February 4th, 2011, at which time the operator will begin site preparation and will commence drilling subject to the transportation of and availability of a drilling rig.
The Sanger Heirs (Wilcox) Prospect is located northeast of the Rhode Ranch East Field. This field has produced 53 BCF of gas from the Upper Wilcox sand. The 7 Slick Sand wells produced 50.3 BCF of gas. The Rhode Ranch East Field is located between two down-to-the-coast growth faults. These faults created a large anticline structure that trapped the Upper Wilcox Sand section. A second major Upper Wilcox field was discovered northeast adjacent of the prospect in Elms Field. It is on strike with our prospect and East Rhode Ranch Field. The 7 best Slick wells in this field produced 43.6 BCF of gas. The field is similar to Rhode Ranch East in that it is located between two down-to-the-coast faults and is of similar size. A third Wilcox Slick Sand field is located east and adjacent of the prospect. This is a small field consisting of 4 wells drilled deep enough to test the Slick Sands. The three best wells in this field produced 7.2 BCF of gas. This trap is an upthrown closure against the eastern most fault. There is a structural reversal of dip between this field and the Hanson-Sanger 1-B well. This well traps in the Slick Sand against an up-to-the-coast fault seen on seismic. A fourth Wilcox Slick Sand field is south of the acreage in Cloeter and Sanger Ranch Fields. Each field has one well, which produced in the Slick Sand. These two wells produced 3.27 BCF of gas out of an anticline bordered to the west by a substantial up-to-the-coast fault.
The prospective anticline is bordered to the northeast by Arco-Riser #3 well and the M.P.S. Prod.- Riser #3. The top of the Slick Sand is at -6833' and -6808' respectively. This shows a 25 foot gain of structure to the southwest. On the southwest side of the structure the Southland-Sanger #1 well was drilled and the top of the Slick Sand came in at -6836'. This being flat to the Arco-Riser #3 well is less than one mile to the northeast. On the east side of the drill site there is a small down-to-the-coast fault seen seismically and in the Arco and M.P.S. Producing wells. East of this north/south fault is a substantial up-to-the-coast fault seen seismically. This fault is believed to have created the hydrocarbon trap responsible for the gas production found in the Hanson-Sanger #1-B well. The four wells previously mentioned are believed to be on the flanks of an anticline that crests near the proposed drilling location.
The 3-D seismic data show the structural high to be tested by this prospect to be 62' high to the M.P.S. Producer - Riser #3 well, which is the highest well on this anticline. There is approximately 100' of Slick Sand and about 50' of Luling WX Sand found in this well. There is a high probability that Slick Sand will have a productive column of gas of 40' to 50' of sand at the top of the structure. Also the Luling Wx Sand could have 20 plus feet of pay sand. The productive Slick Sand sections in the best producing wells of East Rhode Ranch and Elms Fields had pay sections over 100' thick and produced 10 plus BCF of gas per well.
In consideration of the analogous well data from the adjacent properties, 6 to 8 BCF of gas is an extremely low expectation. The operator has begun to request bids on rig availability and timelines. It is anticipated by the parties that this well should be prepared in Q4 of this year. Anticipated drilling time to test depth is 15 days. Seismic and technical data will be posted on the website.
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to complete the proposed acquisition(s), the results of Matrixx's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Matrixx to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
Media & Investor Relations:
Alex Livak
Tel: 917-239-6800
Email: info@mxxh.net
http://www.mxxh.net
CLRH: .005 x .0055 0055s about to fall.
Not sure if you saw todays news-->> TTDZ news Triton Distribution Systems, Inc. Files Year End 2010 Financial Report and Interim Financial Report for Post Acquisition January 2011
2011-02-01 08:00 ET - News Release
TIBURON, CA -- (MARKET WIRE) -- 02/01/11
Triton (PINKSHEETS: TTDZ) is pleased to announce today the filing of the Year End 2010 Financial Report as well as the Interim Financial Report for the Post Acquisition of AGT January 2011 concurrently. Filings can be viewed at the www.otcmarkets.com under the Financials and OTC Disclosure & News Service.
"We are very pleased to announce to our shareholders that the company has substantially reduced the debt that was showing on its balance sheet while impressively increased its profitability. We are now very confident that the company will achieve its stated goals and objectives and continue on the route of a well run company in this sector. We have instructed our attorneys to proceed with the upgrade of Triton to a higher OTC tier. The next few months we will work aggressively to elevate the company to a more actively reporting organization that will report all its activities to the proper authorities as required by law," said Gregory E. Lykiardopoulos, Triton's Chairman and Chief Executive Officer.
CLRH on watch!
Did someone say MMTE????
Tearing up the charts +65% last .055
TTDZ gonna pop 3 today.....what do u think?
Ya don't want to hold them long term, the end of the day is how much money can you put in your pocket!
Nice one....take your profits when you can!
Morning, GSRE nice looking this morning:
Green Star Energies Partners With the Petrolia Group to Develop Oklahoma Oil Field
2011-01-31 09:44 ET - News Release
THE JOINT VENTURE INCLUDES REWORKING WELLS IN THE CALIFORNIA CREEK OIL FIELD CURRENTLY PRODUCING 10 BOPD AS WELL AS SHUT IN WELLS
ADDISON, Texas, Jan. 31, 2011 /PRNewswire/ -- Green Star Energies, Inc. (Pink Sheets: GSRE) is pleased to announce they have partnered with Petrolia Group, LLC of Houston, Texas to develop the California Creek Oil Field in Oklahoma immediately. As per the terms of the agreement, Petrolia Group, LLC will supply all development costs and operational expertise to the project and in return Green Star Energies will share the improved production revenue.
Ian Acrey, Managing Member of Petrolia Group, LLC said, "We have been very interested in the California Creek Field of Rogers and Nowata Counties, OK due to the significant upside available through accelerating the extraction of proven oil reserves. Petrolia is currently evaluating the fields for a thorough workover program that will include reworks and the bringing online of previously abandoned wells."
Petrolia Group, LLC is a privately held, licensed operator in Texas and currently operates approximately 10,300 net mineral acres, 87 wells, 31 miles of pipeline, and an in-active 23.5 BCF gas storage facility in Brown and Comanche County Texas. An independent reserve report dated January 2010 estimates total reserves under Petrolia Group management to be 3.6 billion cubic feet of natural gas and 7.4 million barrels of oil.
"This is one of the first steps to bring more production under Green Star's umbrella through acquisition, development and joint ventures," stated Green Star Energies CEO Steve Rackley.
The California Creek project, located in North East Oklahoma, has 10 producing wells and multiple workover opportunities on 3 leases that cover approximately 230 gross acres with 27 current infield wells. Current production averages about 300 barrels of oil per month representing approximately 1,600,000 bbl as per reserves report. Pictures have been posted onto the website along with more information on current production and historical reserves.
BCDI .86 +16% on news of "eleminating mobile wireless charges"!
BCDI --> Polar Wireless Launches Breakthrough Global Solution to Eliminate Mobile Roaming Fees
2011-01-31 09:20 ET - News Release
TORONTO, ONTARIO -- (MARKET WIRE) -- 01/31/11
Polar Wireless (OTCBB: BCDI) is pleased to announce the Beta launch of their global MVNO solution that eliminates roaming charges for customers worldwide. "This is the main milestone we have been striving to achieve that dramatically reduces the exorbitant fees imposed on the 700 million customers globally, who travel outside of their home market annually,"- stated Mr. Kelly O'Dea, CEO of Polar Wireless.
The Beta launch will take place in Eastern Europe and Russia, providing the testing data required prior to a full-scale launch of the Polar Wireless solution to customers around the world. "Initial customer reaction and results are already exceeding our expectations," added Vlad Allen CTO of Polar Wireless.
Polar Wireless plans on releasing up to 50,000 of their proprietary solution chips, called the Global Key?, in Q1 2011 prior to the global rollout in Q2.
Polar Wireless subscribers who have GSM handsets will be able travel to over 213 countries and operate on over 500 partner carrier networks seamlessly, without incurring roaming fees from their home carrier and without changing their existing mobile number or handset.
- Polar Wireless will provide service not only for Voice but also for Data, SMS and MMS.
- Unlike mobile services such as Skype or Google Talk that require WIFI (not available everywhere) or Data (which is as expensive, if not more, than voice roaming) access to utilize those services, Polar Wireless Corp. will provide carrier grade connectivity via standard cell phone towers globally.
- The unique solution is activated through the Polar Wireless chip, called the Global Key?, a multifunctional miniature electronic device for mobile handsets. Its form is an ultra thin SIM-like card that is inserted into the user's handset along with the main operator's SIM card. Due to its ultra-thin, single-chip design, it is compatible with most of the GSM handsets which account for over 80% of the global handset market.
- Rather than inserting different SIM cards when travelling to different parts of the world, the Polar Wireless chip only needs to be inserted once as it provides worldwide connectivity.
- The Polar Wireless service activates automatically when a subscriber enters a roaming zone. Since subscribers are able to maintain their current mobile number and handset while roaming, incoming callers do not need to dial new contact numbers. Additionally when subscribers call their contacts, their existing mobile number is displayed as the caller ID.
- The Polar Wireless service is designed around user convenience and simplicity. Polar Wireless customers will continue dialing directly as they usually do. No change in user habit is required, no new menus, no local access numbers or pin codes.
- Polar Wireless provides one simple payment account for all the services being offered, providing the most transparency possible to the customer at all times. Depending on the number dialed, Polar Wireless will automatically select the most cost effective route to place the call.
- Subscribers will not need to alter their existing carrier agreements and will not see additional charges on their existing carrier bills.
About Polar Wireless
Polar Wireless ("Polar") is a mobile virtual network operator (MVNO) that works in conjunction with your current provider. Polar eliminates roaming charges while offering competitive calling card rates to its subscribers. Polar's solution currently operates in over 213 countries on over 500 partner networks providing the first global network solution for mobile users that eliminates roaming surcharges while allowing users to maintain their home number and home carrier relationship. For more information please visit www.polarwireless.com.
Contacts:
Polar Wireless Corp.
G. Kelly O'Dea
Chairman and Chief Executive Officer
(561) 623-5303
www.polarwireless.com
GSRE news--> Green Star Energies, Inc. Announces the Appointment of Two Independent Directors
2011-01-28 10:30 ET - News Release
THE COMPANY IS NOW SCHEDULED TO EXECUTE ADDITIONAL ACQUISITIONS AND STRUCTURED FINANCING AS WELL AS JOINT VENTURES
ADDISON, Texas, Jan. 28, 2011 /PRNewswire/ -- Green Star Energies, Inc. (Pink Sheets: GSRE) is pleased to announce the appointment of two Independent Directors for the company. Bennett Whitehurst and Tali Ploetz have been appointed to the company's Board of Directors effective immediately.
Mr. Whitehurst has over 20 years experience in corporate finance and banking. He has a significant amount of experience working with the management of middle market companies across a variety of industries to evaluate capital markets alternatives. For the past eight years, he has worked for a global financial institution where he has been responsible for structuring, underwriting and executing structured and leveraged loan transactions of up to $150 million for companies needing capital for expansion, refinancing and restructuring. He has been involved in transactions totaling in excess of $1 billion.
Mr. Whitehurst received his Bachelor of Science degree in Petroleum Land Management from Louisiana State University and a Master of Science in Corporate Finance from Georgia State University.
"I'm extremely excited about the opportunity to help Green Star Energies execute its strategy in my capacity as an Independent Director," said Mr. Whitehurst. My father and grandfather were both involved in the oil business. I have always had an interest in the industry given my family's connection and my undergraduate studies and I look forward to contributing to the success of the Company."
Mrs. Ploetz has worked at General Motors Financial Company, Inc. (formerly AmeriCredit) since 2002. In 2003 she was promoted to her current position as Vice President, Internal Audit. She is currently responsible for managing GM Financial's internal audit function for all financial and operational internal audit engagements within the company.
Mrs. Ploetz graduated from University of Texas at Arlington with BBA in both Accounting and Marketing. She is a Certified Public Accountant, Certified Fraud Examiner, Certified Treasury Professional, Certified Internal Auditor, and a Forensic Certified Public Accountant. She is also Secretary for the Fort Worth Chapter of the Association of Certified Fraud Examiners. Mrs. Ploetz sits on the Board of Directors for the Boy Scouts of America, Longhorn Council and previously served on the Board of Directors for Destination Imagination, Mid Cities Region.
"I believe that Green Star Energies has the opportunity to do great things and I look forward to being able to bring my knowledge and abilities to the Board for the benefit of the shareholders," said Mrs. Ploetz.
"We are excited about having such talented people as Mr. Whitehurst and Mrs. Ploetz join our Board of Directors. Both of them have a strong background in financial and strategic planning. Having someone with Ben's experience level in capital formation and financing alternatives will help provide oversight as we continue our growth plans. And having Tali's experience with auditing will assist us tremendously as we work towards our goal of becoming an audited, reporting company," said Green Star Energies, Inc. CEO Steve Rackley.
Oil & gas investment is high risk read the full disclaimer before making any investment decisions, available here: http://www.greenstarenergies.com/disclaimer.html
DEGH 1 LEFT @ .0115 HOD
When you expect that to happen with EMOT?
LASR has been climbing nicely!
CCAA news (+290% .0125 >>>> Cala Signs Agreement with the Most Prestigious Yard in the Industry to Construct the First Waterfront Undersea Resort
2011-01-27 12:57 ET - News Release
Various Uses Include an Ultra-Luxurious Resort, Spa, Casino, Convention Center, Shopping Center, Concert and Exhibit Hall, Office Tower and an Undersea Natural Aquarium
Cala Corp (OTC Pink:CCAA) announced today that it will expand its Undersea Resort in response to the $1 Trillion global market demands. The Undersea Resort (www.undersearesort.com) has signed a Non-Disclosure Agreement with the most prestigious yard in the industry STX Europe (www.stxeurope.com), for future waterfront construction of the following various possible uses:
Lavishly-appointed Suites - 330, ranging from 1,100 to 12,000 square feet each.
Spa and Ageless Treatment Clinic - 500,000 square feet
Convention Center and Executive Meeting space - 1,200,000 square feet
CasinoResort, Family Gaming Arcade and Water Park - 1.000,000 square feet
Class A Exhibit and Concert Hall space - 13,000 seats
Professional Sport Stadium - 20,000 seats
Undersea Natural Aquarium - 5,000,000 square feet
Class A Tower Office - 1,000,000 square feet
University or Hospital Campus - From 500,000 to 1,200,000 square feet
The global market demand is endless because the waterfront undeveloped properties represent almost 75% of the earth's traditional real estate. The product line is especially attractive to industry because the Undersea Resort has the added benefit of being environmentally safe, with almost zero emission. The actual development cost per location is from $500M to $1.5 billion. Each development location will be funded directly by the actual owner of the project. The owners are classified as the largest pension system funds or REIT.
The company is filing its 10K for 2009. In addition, the 10Qs and the 10K for 2010 will be filed as soon as possible. The Undersea Resort takes this opportunity to express our deep appreciation of, and thanks to, Mssrs. Arnaud Le Joncour, Eric Chapuis, Xavier Laurent and Jean-Marc Auriault.
About Us: A Master development company for waterfront, onshore and offshore properties. Focus in leisure lifestyle. Resort with suites below and above sea. Ageless Spas. Natural Aquariums. Convention and Shopping Centers. Floating parking garages. Casinos. Concert and Exhibit Halls. Office Tower, Spas and Professional Sport Stadium.
Contacts:
Cala Corp
Joseph Calà, 011-39-380-77-56-200
cala@undersearesort.com
via skype - joseph_cala
Source: Cala Corp
Packers will WIN.... INVA IBRC SKNY TTDZ all GREEN my friend!!!!
Looks like UNSS is just starting up.... check out INVA up 64 ... on half decent volume!
GM's Chevy to roll out more Volts in 2011
2011-01-27 10:09 ET - News Release
Mr. Rick Scheidt reports
CHEVROLET VOLT ROLLOUT SPEEDS UP: AVAILABLE NATIONWIDE BY END OF 2011
General Motors Company's Chevrolet is stepping up the national rollout of the Volt to match customer interest. "We're accelerating our launch plan to have Volts in all participating Chevrolet dealerships in every single state in the union by the end of this year," said Rick Scheidt, U.S. vice-president, Chevrolet Marketing. "This is the right thing to do for our customers and our dealers who are seeing increased traffic onto their showroom floors."
Chevrolet Volts have been delivered to customers in the Washington, D.C., area, as well as California, New York, Connecticut, New Jersey and Texas. Customer deliveries in Michigan begin this spring.
Customers nationwide in the United States will be able to order Volts with participating dealers beginning in the second quarter. Deliveries will begin in Virginia, Maryland, Delaware, Pennsylvania, North Carolina, South Carolina, Georgia, Florida, Oregon, Washington and Hawaii in the third quarter. During the fourth quarter, Chevrolet expects to deliver Volts in all 50 states. The decision to accelerate the national rollout was influenced by Chevrolet dealers like Criswell Chevrolet in Gaithersburg, Md., which has seen a surge of consumers interested in the Volt. ""The Volt is clearly bringing new customers to Chevrolet," said Harry E. Criswell III, president and owner of Criswell Chevrolet "We are seeing 10 to 15 customers a week who are seriously considering buying a Volt. Many of them own competitive brands and now have a Chevy on their shopping list because of the Volt."Some of that consumer interest has been fueled by prestigious industry awards and recognitions for the Volt, including: 2011 North American Car of the Year, Motor Trend 2011 Car of the Year, Green Car Journal 2011 Green Car of the Year, Car and Driver 10 Best for 2011, Ward's AutoWorld 10 Best Engines for 2011, Automobile Magazine 2011 Automobile of the Year and 2010 Breakthrough Technology by Popular Mechanics.
"Such recognition provides customers with credible, expert endorsement of new models, which is important for vehicles like the Volt that feature significant new technologies," said Scheidt. "Based on the awards the Volt has received, and the number of consumers expressing interest in the technology, we believe the Volt is the right car at the right time." The Volt is an electric vehicle that offers a total driving range of up to 379 miles, based on EPA estimates. For the first 35 miles, the Volt can drive gas- and tailpipe-emissions-free using a full charge of electricity stored in its 16-kWh lithium-ion battery. When the Volt's battery runs low, a gas-powered engine/generator seamlessly operates to extend the driving range another 344 miles on a full tank.
INVA .083 +27% kicking up a few notches!
We need to be patient, this one will do well in the long run imo!
CTLI .15 +150% Bids coming up!
Thanks again, CTLI .07 x .35 news just released, it's just starting back up, hasn't traded at all....and is Current Information!
z...CTLI starting up!!!
CTLI news>> Compress Technologies, Inc. Acquires Stadium Entertainment Corp.
2011-01-24 11:21 ET - News Release
NEW YORK -- (Business Wire)
Compress Technologies, Inc. (Pink Sheets: CTLI) announced today that it has acquired Stadium Entertainment Corp. pursuant to a share exchange transaction in which it issued shares of Compress Technologies, Inc. common stock in exchange for all of the outstanding shares of Stadium Entertainment Corp. common stock. As a result of the exchange transaction, Stadium Entertainment Corp. has become a wholly owned subsidiary of Compress Technologies, Inc.
Contemporaneous with the closing of the share exchange, Stadium Entertainment Holding Corp., the former owner of all of the outstanding shares of Stadium Entertainment Corp., acquired 162,000,000 shares of Compress Technologies, Inc. common stock from certain shareholders of Compress and now owns approximately 54% of Compress Technologies, Inc.’s outstanding shares. At the time of the closing, the officers and directors of Compress Technologies, Inc. resigned their positions and were replaced by the officers and directors of Stadium Entertainment Holding Corp. The new Board of Directors intends to operate Stadium Entertainment Corp. as Compress Technologies, Inc.’s sole line of business.
About Stadium Entertainment Corp.
Stadium Entertainment Corp. is a multi-faceted entertainment company active in all aspects of the entertainment industry and specializing in the music industry sector. Stadium has developed a unique business model that incorporates three key elements into its musical projects:
Musical projects involving high profile recording artists that include a designated income stream earmarked for a worthy and reputable charitable organization;
an extensive and powerful network of music industry contacts including executives, artists, managers and agents, record companies, music publishers, and charities which attract high profile talent as well as corporate partners; and
a seasoned, experienced and successful project management team.
To date, Stadium’s primary business focus has been on the production, marketing and distribution of prerecorded music products by established and top selling recording artists, a portion of the proceeds earmarked for worthy charitable and philanthropic organizations via exclusive licensing agreements with participating charities. Each project is structured to also produce profits for Stadium. The use of top selling recording artists to participate in its projects, minimizes the risks inherent in start-up entertainment companies by capitalizing and building on the established retail power of star studded music compilations.
Stadium’s most recent project entitled “My Country: Smash Hits” features 13 gold and platinum selling artists performing their hits, including Rascal Flatts, Keith Urban, Brad Paisley, Lady Antebellum, Reba McEntire, Darius Rucker, Blake Shelton, Trace Adkins, Montgomery Gentry, Big & Rich, Randy Houser, Rodney Atkins and Dierks Bentley. The CD package features original cover artwork by Doonesbury creator, Gary Trudeau and a special message from President George W. Bush. The project benefits the Fisher House Foundation.
The first Stadium project, entitled “True to the Game,” benefits the Negro League Baseball Museum and includes tracks from high level hip-hop/urban artists, including Kanye West, Ludacris, Snoop Dogg, T-Pain, Mario and Macy Gray.
Forward-Looking Statements:
Certain matters discussed in this release may constitute "forward-looking statements." Actual results and the timing of certain events may differ materially from those indicated by such forward-looking statements due to a variety of risks and uncertainties, many of which are beyond the ability of Compress Technologies, Inc and Stadium Entertainment Corp. to control or predict, including, but not limited to, risks and uncertainties associated with consumer acceptance of musical compilations and risks generally inherent in operating an entertainment company. The statements made herein are made as of the date of this release, and Compress Technologies, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements contained in this press release, and Compress Technologies, Inc. undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Stadium Entertainment Corp.
Camille Barbone, 908-574-5210
Source: Stadium Entertainment Corp.