Looking for the next big boom
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Industrial Diesel Engines Arrive in the USA From a Major Chinese Engine Manufacturer Today to Be Retrofitted With the Coates CSRV Green Power Technology -- Coates International, Ltd. Management Believes This Transaction Is Very Important and Could Be a Big Deal for the Company
WALL TOWNSHIP, NJ -- (Marketwired) -- 03/02/16 -- Coates International, Ltd. ( COTE ) (the "Company") is pleased to announce that the two industrial diesel engines have arrived in the USA from a major Chinese manufacturer today. These engines are to be retrofitted with the Coates CSRV green power technology. Management believes that this transaction with a major Chinese engine manufacturer is a very important step forward for the Company. Diesel engine manufacturers around the world are facing big problems to have their diesel engines meet the new emission standards. Heavy trucks, buses, cars, marine engines, off-road machinery and many more diesel applications cannot meet the new emission standards with the more than 100 year old poppet valve systems.
Here at Coates International, Ltd. ( COTE ) we have been working hard at this very problem for many years and have come up with the most advanced CSRV green power (patented) technology in the world. Management believes this is a great opportunity for the Company to take the next step in its business plans that will create a major new market for the Company's products. There is no other alternative to this worldwide problem; we have the remedy to fix it.
Coates International, Ltd. - Shareholders' Update and Overview of the Company's Current Projects
WALL TOWNSHIP, NJ -- (Marketwired) -- 03/01/16 -- Coates International, Ltd. ( COTE ) (the "Company") plans to keep our shareholders informed of our current projects and their progress. The Company is successfully moving forward at a good pace on all of the following projects and transactions:
The retrofitting of Coates CSRV system green technology to a Cummins 250 KW industrial natural gas electric power generator set; this project is approximately 80% complete -- progress pictures will be placed on the company website;
The Company's part in the industrial hydrogen reactor project on a 150KW electric power generator that is to operate on water as its sole fuel converted into Hydroxyl gas by a reactor is complete; a number of companies are involved in this project -- photos of the complete project are posted on the Company website;
Two 150 KW industrial natural gas electric power Coates CSRV generator sets are approximately 60% finished and are scheduled to be shipped to customers in the far east who have already paid the Company in full for these products;
Retrofitting the Coates CSRV system green technology to a heavy duty 18 wheeler tractor/trailer -- this project is approximately 60% completed -- photos of the progress will be posted on the company website;
Two air-cooled industrial diesel engines from a major Chinese manufacturer to be retrofitted with the Coates CSRV system green technology will begin as soon as these engines arrive at the Coates headquarters;
A turbine engine to operate on Hydroxyl gas derived from water by the Hydrogen Reactor process -- the turbine engine is at the Coates headquarters - this project has not started yet;
Another future project includes the Coates pulse detonation rocket which will operate on Hydroxyl gas derived from water; and
A number of licensing and business transactions are in process -- as these transactions become completed -- they will be announced.
Company President and CEO, Mr. George J. Coates, comments: "Here at Coates International, Ltd. ( COTE ) headquarters we have a very small staff and most of our parts and components are outsourced. The total employees, including directors, is nine. We have numerous new inventions and technologies in the process that prevent us from taking on more staff for building engines. A number of new patents are being applied for presently. The Company is looking for a suitable assembly plant where we could more efficiently produce the Coates CSRV products in larger quantities. The Coates headquarters serves as our R&D center and we intend to keep it that way. We are pleased with our progress and expect certain projects to be completed in the not too distant future."
Currently it is not yet free. It will be free across both OS after the release of the Android version. My app still attempts to charge if anything other than looking at a profile is attempted.
I notice you keep calling for a "huge erruption" any facts or fundementals you are basing that on or just "Blowing smoke" I have not seen anything out of this over the last week outside of downtrend and dumping. RSI is 39 and due for a bounce, but do not see a significant erruption until some real news or solid figures come out.
Just like any of the other hudreds of thousands plus free app developers. Thru add placement and targeted user base.
THIS COULD BE HUGE! Friendable Goes Totally Free With New Promotion
ndustry Trends Drive Add-A-USER First Strategy
CAMPBELL, CA--(Marketwired - Feb 23, 2016) - Friendable, Inc. (OTC PINK: FDBL) (the "Company"), a fully reporting Company positioned at the intersection of social networking and location based connections, is pleased to announce the launch of a user first growth promotion launching today, wherein all features and functions of its current iOS/Apple app will be completely free.
As the Company's Android app release draws near, Friendable intends to test the 'all-free' approach as a rapid user growth initiative, targeting both the Apple and Android mobile audiences. The change in the Company's monetization strategy is intended to increase revenue growth by adding vastly more users who see paid downloads as prohibitive, while adding advertising revenue opportunities and in-app purchases as user population densities are targeted. Friendable will maintain a paid version of its app in the Apple iTunes App Store, offering this option as a premium upgrade that is ad free.
"The research is clear that today's social media user doesn't want to pay for downloads," stated Friendable, Inc. CEO, Robert Rositano, Jr. "We'll pivot with this market trend and shift our model accordingly as we look to scale our user base and build engagement. With users as our number one valuation metric, we will do everything we can to allow users to realize the uniqueness of our app and truly discover what it means to be Friendable. Our innovation is a combination of our brand, feature set and unique approach to social engagement. I believe rapid expansion of our growing user base is within reach and we have the opportunity of becoming a much larger brand and company with this strategy, in very short order."
Future in app purchases will be introduced as enhanced or extended feature sets for users who wish to pay for specific "super powers" (not currently disclosed by the company) but no monthly subscription will be required. The "User First" promotion will run for a minimum of 120 days and will be evaluated as a potentially permanent strategy for the company moving forward.
Kinda thinking I got left with the bag on this one :-/
Where is it stated that the 8k will be out today? I would like to verify before taking a position.
Friendable Announces Global Release Date of New Android App Scheduled for March 7, 2016
Apple iOS Platform Simultaneously Upgraded for Release
CAMPBELL, CA--(NewMediaWire - Feb 16, 2016) - Friendable, Inc. (OTC PINK: FDBL) (the "Company"), a fully reporting Company positioned at the intersection of social networks and location based connections, is pleased to announce the global release date of the Android version of an all-new Friendable app on March 7, 2016. The Apple iOS platform has also been simultaneously upgraded in conjunction with the Android release.
While the Apple iOS version of the Friendable app currently has in excess of 650,000 users, the March 7, 2016 date will mark the first time in the company's growth phase, that an opportunity for Android Mobile users will have the ability to download Friendable and enter the thriving community, where "Everything starts with Friendship".
With the Android mobile market now over a billion users and 82% of the worldwide mobile market, completion of the Friendable Android app is a critical milestone for the Company.
"We believe the release of the Android version of Friendable will be a pivotal moment for our Company and the future growth of our user base. Testing, learning and ultimately integrating the best features into the app has created limitless potential for connections of all varieties, with everything starting with friendship," stated Robert Rositano, Jr., CEO, Friendable, Inc. "Now anyone you meet -- online or off -- may already be 'Friendable' or certainly can now be, 'Friendable.'"
The Friendable Android app will be friendly to the following operating systems.
Android 4.1 Jelly Bean and Above
For more information about Friendable, Inc. please visit:
www.Friendable.com
For Additional Investor Information and to Receive Company Updates:
http://www.friendable.com/presentation
http://www.friendable.com/fdbloptin
Visit our social media properties at:
Facebook: http://facebook.com/friendable
Twitter: twitter.com/friendableapp
Instagram: instagram.com/friendableapp
About Friendable:
Friendable recognizes that "Everything starts with Friendship" and the way to make connections and meet new people continues to evolve through new technologies and devices that make it all possible. Today just about everyone is on the move and interacting online with their mobile devices, creating dynamic opportunities to find and explore new experiences with location specific accuracy.
Friendable provides its vast mobile community of users with the freedom to meet new people, hang out with current friends, explore exciting venues and interact in social activities based around shared interests and location, transforming mobile interactions into a real-life social experiences. Friendable bridges our mobile community of users with the meeting of new friends, building relationships and connecting them with local venues or events tied to their interests, which presents newfound ways for them to interact and hang out.
Meeting new people and making connections has grown, where the modern meaning of "being social" or "meeting up," now includes opportunities to meet through mobile apps. The result of these interactions produces hyper-local advertising opportunities, allowing Friendable to act as both a friend finder and concierge using nearby locations to identify activities, events and businesses that may provide the entertainment they are seeking.
Making friends through a mobile app allows people of various backgrounds to connect through common interests and engage in fresh experiences while cultivating deep relationships. Meet people where you want, when you want, and show the world that you're Friendable - Everything starts with friendship!
Join Friendable today and let someone know what you're "Friendable" for!
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by Friendable, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the Friendable's common stock or its present or future financial condition. The public filings of Friendable, Inc. made with the Securities and Exchange Commission may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Friendable, Inc. cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Friendable, Inc. does not undertake, and Friendable, Inc. specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
CONTACT INFORMATION
CONTACT:
Investor Relations & Financial Media:
I.M.I.
888-216-3595
info@integrityir.com
All other media inquiries:
EJ Media Group
Jenna Toder
(212) 518-4771 x123
jenna@ejmediagroup.com
COMPANY:
Friendable, Inc.
(855) 473-7473
Info@friendable.com
do I wait for .014 or pull the trigger at .015? hmm
Brief look at why this could be a good investment
Through the targeted acquisition of revenue-generating companies in the software development and testing arenas, Pocket Games, Inc. (OTCPK – PKGM) seeks to emerge as a leading technology services company in the fast-growing, multi-billion dollar mobile gaming industry. Digi-Capital estimates suggest that mobile gaming revenue will grow by 38% from $29 billion in 2015 to $40.9 billion in 2018, led by growth in Asia which is forecasted to account for more than 50% of all revenue in 2018.
Ground Floor Mobile Gaming Stock
To date, the Company has acquired Idol Hands, a popular game for PCs and Apple (NASDAQ – AAPL) Mac that enables users to serve as “gods” that build and control their own worlds, launched a testing, IT support and development center, and will soon close the acquisition of Viximo, a company that connects game developers to social networks.
Idol Hands is a Strategy Game whereby the player takes the role of a God and gradually takes over a land, populates it with his people and builds farms, temples, garrisons and houses. Set in a tropical island world, the player has God-like powers over the land as well as having the responsibility to make sure his people prosper when faced with evil Gods from other worlds. . This concept is one of the most popular in the mobile gaming space
Originally developed in partnership with Intel (NASDAQ – INTC) and distributed as an OEM title with Creative Labs, PKGM acquired the title in 2014 and has improved the game experience for users. The Company plans to introduce a mobile version in 2016.
The Company’s India-based testing services unit, Godspeed Gaming Solutions, was launched in mid-2015 and has already been awarded meaningful software services contracts, including a six-figure assignment from a multi-million dollar U.S.-based loyalty campaign services firm.
While management is still on the prowl for more complementary deals, the Company’s Viximo acquisition could ultimately serve as the key growth driver for Pocket Games. Viximo connects game developers to social networks through its write once, deploy everywhere platform. Once on boarded to the Viximo platform, social games can be deployed across several social networks, providing accelerated integration and user reach. The Viximo toolset then enables developers to increase user engagement and monetization.
Viximo offers a massive distribution opportunity for Western-based game developers on gaming platforms, including specializes, alternative arenas. For example, the total number of global aggregate users on non-Apple/Google (NASDAQ – GOOG) platforms is significantly greater than Apple & Google which have around 30% between them. Moreover, the targeted, tier two social network segment has more aggregate users than Facebook. Viximo provides a key software toolset including social sharing, push notification, translation, and distribution opportunities for developers while sharing revenue with the developers and social gaming platforms. We estimate that a 30% share of the revenue generated via micro-transactions that occur in-game, along with advertising will be allocated to PKGM, with the balance divided between the developer and the platform provider. Given the strength of its offerings, management believes that Viximo is set to become the distribution of choice for Western-Based Android games developers seeking diverse revenue sources, from the East, where mobile gaming per user is growing at rates higher than the industry average.
RISKS
There are two types of risk associated with these shares: business risk and capital markets risk.
Given the early stage nature of the Company’s businesses, the business risk includes delays in development of Idol Hands for the mobile market, inconsistent contract generation from the software services segment, slow starts to revenue generation or developer agreements on the Viximo side, and delays in closing new acquisitions and/or at favorable prices. Plus, there is risk that the consolidation of these prospective delays may become challenging. While the Company’s approach differs from other, larger companies, and therefore Pocket Games does not necessarily go head-to-head against man of them, it is possible that larger players may seek to emulate the Company’s model or enter the pace. In our view these risks are consistent with firms of the Company’s size. However, we believe that the PKGM strategy is sound and that the risk/reward is in investors’ favor.
Capital market risks include limited trading liquidity, volatility, and the fact that the Company is a relative unknown entity at this juncture. These characteristics are consistent with other, early stage technology firms trading in the OTC market where information is not as readily available as other stocks trading on senior exchanges
CONCLUSION
In our view, Pocket Games provides a low-cost, low valuation, ground floor opportunity to take advantage of the huge growth in mobile gaming. As PKGM executes its rollup and development strategies, it could achieve a revenue run-rate of $3-5 million next year, driving the shares to the $0.30 level next year. We rate PKGM Speculative Buy with a $0.30 price target.
Emission Statement Program
The Federal Clean Air Act requires that states with designated ozone nonattainment areas gather Emission Statement data from sources of volatile organic compounds (VOC) and oxides of nitrogen (NOx) beginning in 1992 (reporting in 1993). These two air contaminants react in the presence of sunlight to form ozone in the lower atmosphere, the troposphere, where it affects human health. Carbon monoxide by itself affects human health and elevated levels tend to occur primarily in the winter months. The United States Environmental Protection Agency (USEPA), therefore, requires the State of New Jersey to report the emissions from major sources annually. The Emission Statement rule (N.J.A.C. 7:27-21) established requirements for the annual reporting of air contaminant emissions from stationary sources allowing the state to meet these requirements. The Emission Statement rule requires the following air contaminants to be reported; carbon monoxide (CO), sulfur dioxide (SO2), ammonia (NH3), total suspended particulate matter (TSP), respirable particulate matter (PM10 and PM2.5), lead (Pb), volatile organic compounds (VOC), and oxides of nitrogen (NOx), carbon dioxide (CO2), methane (CH4) and the 36 toxic air pollutants (TAP’s).
The emission statement data is made publicly available and reported to the USEPA’s national database, National Emissions Inventory (NEI). USEPA’s Air Emissions Reporting Requirements (AERR), 40 CFR Part 51, requires the state to prepare a comprehensive statewide inventory every three years and a reduced point source submittal annually using the NEI. This database is useful for federal and regional planning agencies interested in national trends and information. Much of the information required by New Jersey’s Emission Statement program is required by the AERR.
Emission Statements are intended to help the state in their reporting and analysis of emissions into the ambient air. All emission estimates reported on Emission Statements will be used in tracking the State’s progress toward meeting the mandatory emission reduction targets specified as a percentage reduction from the 1990 base year inventory. This tracking will help to monitor the progress that areas make toward attainment of the ozone and carbon monoxide National Ambient Air Quality Standards and will be used as an indicator to measure the state’s progress in maintaining a healthy environment. The Act also requires the state to periodically compile and report a comprehensive, accurate, and current inventory of all air contaminant sources in the State. The emissions data from the Emission Statement program provides an impact indicator of emissions on the ambient air quality from the stationary sources in New Jersey.
Copyright © State of New Jersey, 1996-2003
Department of Environmental Protection
P. O. Box 402
Trenton, NJ 08625-0402
Last Updated: January 4, 2016
Sounds to me until at least Mid 2016 emmissions are required in the state of New Jersey. Now come mid 2016 emmission may no longer be required, but currently are.
NJ seeks to overhaul car emissions testing
Michael Symons, @MichaelSymons_ 5:25 p.m. EST December 28, 2015
RENTON – State officials want to steer more vehicles to private facilities for emissions inspections starting in mid-2016, under a plan that would also end emissions tests for a quarter-million older cars, likely the dirtiest vehicles on the road.
The state Motor Vehicle Commission has invited companies to bid on a new contract for emissions inspections that it hopes will cut its $42 million annual expense by millions. But the proposal does not fully privatize the inspections, to the disappointment of the trade group that includes repair shops. And the plan to excuse older cars from testing irks environmentalists.
“New Jersey still has a massive smog pollution problem, which is directly linked to our cars and trucks,” said Doug O’Malley, director of the group Environment New Jersey. “It is ludicrous to propose that we’re going to stop testing the oldest cars on the roads.”
The state plans to continue the on-board diagnostic tests used to check emissions on cars made since 1996, but cars from 1995 and earlier will no longer have their emissions tested because the state will eliminate the tailpipe emissions tests.
All cars that fail their first inspection will have to go to a private facility for re-inspection, as will all commercial vehicles. The state says the changes will push 300,000 vehicles to private facilities and reduce the number of inspections at state-owned, contractor-operated central inspection facilities by nearly 25 percent.
Under the current contract, which expires in May, the state pays around $20 per inspection to Parsons Environment & Infrastructure Group. The state thinks it will save millions by reducing the number of inspections at state facilities and shrinking the cost per inspection.
“That’s going to result in a shorter customer wait time. It’s going to significantly reduce our per-inspection cost, and it’s going to reduce inspection costs for outdated inspection practices,” said Jeanne Ashmore, the Motor Vehicle Commission deputy chief administrator. “So we’re going to save millions of dollars each year.”
A Privatization Task Force created by Gov. Chris Christie in 2010, the first year of his term, recommended that the state withdraw from participating in vehicle inspections by 2012. It further suggested that the state sell the land that’s home to its current inspection stations.
But that’s not what’s being proposed, to the chagrin of Sal Risalvato, executive director of the New Jersey Gasoline, C-Store, Automotive Association.
“I am truly disappointed that the state is not going to save $43 million a year. I am truly disappointed for the state of New Jersey,” Risalvato said. “I believe that they just blew an opportunity to save a lot of money.”
Risalvato said the state will likely reduce its cost by at least $10 million.
“Let’s say they save $10 million,” he said. “Forty-three minus 10 is 33. You think we need $33 million in the budget? Why would the state blow this opportunity?”
Mairin Bellack, the MVC's communications director, indicated that the task force's recommendation was considered but that stakeholders preferred modifying the current approach to scrapping it.
"Additional information was gathered from various stakeholders in coordination with state entities after this report," Bellack said. "Input from the stakeholders indicated that there would be a higher rate of satisfaction and preference in maintaining the current 'hybrid' program that utilizes both centralized test-only inspection sites and decentralized private inspection test-and-repair facilities."
The MVC has 26 central inspection facilities. Those, and specialty facilities and mobile units in the state network, handled more than 2 million inspections last year, 86 percent of all emissions inspections.
There are also more than 1,200 private inspection facilities, more than 750 of which have installed the tailpipe emissions testing equipment. Private facilities handled around 336,000 emissions inspections in 2014, so their customer traffic would nearly double under the new plan.
Private facilities charge fees ranging from $19 to $50 per inspection, though Ashmore said the fee is waived if drivers who fail a first inspection at an MVC facility get re-inspected at the same private facility that does the repairs.
Private inspection facilities will have to dispose of obsolete inspection equipment and buy new computer workstations for doing on-board diagnostic tests from the contractor. They spent roughly $60,000 each for equipment in 1999 that became out-of-date, then spent $10,000 for replacement equipment in 2009, and now will have to purchase new equipment again.
The state’s request for bids seems to anticipate a shortage of private facilities in some areas. It requires the contractor to do a written evaluation of the facilities’ distribution by county and have a strategy for recruiting more.
In 2013 and 2014, there were almost 265,000 initial emission tests conducted on cars older than the 1996 model year. Roughly one of every five, more than 50,000 cars, failed the tailpipe inspections, which measure hydrocarbons and carbon monoxide.For approximately 256,000 vehicles from the 1995 model year or earlier, or 4.4 percent of the more than 5.8 million vehicles in the state, inspections will no longer be needed under the new system, probably starting in the summer.
O’Malley, from Environment New Jersey, said the Christie administration should withdraw its bid request because the plan would mean drivers pay more and the cars most likely to create the most pollution would no longer be tested.
“Under this proposal, we would let more than 50,000 of the oldest and dirtiest cars off the hook for emissions tests,” O’Malley said. “We have all been behind a car on the Parkway that looks like it was from the Dukes of Hazzard. This plan would leave that car on the road.”
Ashmore said ending the tailpipe emission tests won’t affect New Jersey’s ability to meet air quality requirements and said the number of cars on the roads from before 1995 is “a dwindling population.” She said 11 states that are federally required to test emissions have ended tailpipe tests.
“Probably about 3,500 vehicles every month are taken off the road when it comes to that, so that’s a population that’s going away anyway and declining,” Ashmore said. “We’re going to step them out of the state inspection process, and there will be no inspections for them at all.”
Mechanical safety inspections for private passenger vehicles ended in 2010. The emissions test that remains will be an on-board diagnostic test, as well as related visual checks for things such as liquid leaks and visible smoke. The gas-cap check that tests whether fumes are escaping from a gas tank will switch to a visual inspection.
Cars are inspected every other year, though they’re exempt for their first five years.
New Jersey’s experience with the partial privatization of car inspections has been at times difficult, particularly with the 1998 award of the original contract to Parsons, a process found by the State Commission of Investigation to be undermined by mismanagement and political manipulation.
Bidders will have to submit proposals by Feb. 22. The state is looking to award a six-year contract that would take effect in May and extend through 2022.
Vehicle Emissions Testing in New Jersey
In New Jersey, a vehicle emissions test is required every two years. The Motor vehicle Commission does not issue any reminder for the inspection. The inspection due date of the vehicle is ascertained from the sticker on the windshield which is issued once an inspection is cleared.
VEHICLES THAT REQUIRE AN EMISSIONS TEST
A car, truck, motor home, RV (recreational vehicle) or any other vehicle requires an emissions test when:
It is a new car which has completed four years.
It is a vehicle used for school transportation.
It runs on diesel and has a manufacturer's gross vehicle weight rating of 18,000 pounds or more.
It runs on gasoline.
VALIDITY
Emission tests are valid for two years. If the car is registered in New Jersey, the emissions test has to be undertaken in New Jersey. Getting an emissions test is the buyer's responsibility when the vehicle is purchased from a private owner.
EXEMPTIONS
A vehicle is exempt from emissions testing when:
It is a contractor equipment in transit.
It is a new vehicle which has not completed four years.
It is a farm vehicle.
It is a vehicle operated by a county, municipality, fire district, or duly incorporated non-profit organization and used for first aid, emergency, ambulance, rescue or fire-fighting purposes.
It is a historic vehicle.
It is a collector vehicle.
All the pieces are there, this "could" see silver in a few weeks with the right catalyst
Christian Environmental Services customers recieved mailed PR announcing Meridians acquisition of both Christian Environmental Services AND Eagle Land Fill.
Meridian Waste Solutions, Inc Completes Recapitalization while Acquiring Christian Disposal, LLC, FWCD, LLC and Eagle Ridge Landfill
A New Direction as a Waste Industry Solutions Company
MILTON, GA / ACCESSWIRE / December 29, 2015 / Meridian Waste Solutions, Inc. (OTCQB: MRDN) (the “Company”) announced today that as of December 22, 2015 it had secured from Goldman Sachs Specialty Lending Group, L.P. a $55 million credit facility, with $40 million of such amount funded at closing (the “Financing”) and, simultaneously with the Financing, the Company closed on two strategic acquisitions (the “Acquisitions”). The Financing and the Acquisitions allow the Company to become a fully integrated waste management operation with major hauling assets, transfer stations and a Municipal Solid Waste (MSW) landfill in the St. Louis, Missouri marketplace.
The first of the Acquisitions is comprised of the purchase by the Company of all of the membership interests of Christian Disposal, LLC dba Christian Environmental Services (“Christian”), which includes ownership of Christian’s subsidiary, FWCD, LLC, pursuant to the closing of an Amended and Restated Membership Purchase Agreement (the “Purchase Agreement”), as amended by the First Amendment thereto (the “Amendment”). Christian Disposal LLC, DBA Christian Environmental Services is one of the largest Missouri based integrated solid waste service companies that provides solid waste collection, transfer, disposal and recycling services. Christian is based in Winfield, Missouri. The Company filed a description and copy of the Purchase Agreement in a Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 22, 2015. The Company filed a description and copy of the Amendment in a Current Report on Form 8-K filed with the SEC on December 9, 2015.
The second of the Acquisitions is comprised of the purchase by the Company’s wholly-owned subsidiary, Meridian Land Company, LLC, of certain assets of Eagle Ridge Landfill, LLC (“Eagle”), which includes certain assets related to hauling operations and a municipal solid waste landfill in Bowling Green, Missouri (the “Asset Purchase Agreement”). The Company filed a description and copy of the Asset Purchase Agreement in a Current Report on Form 8-K filed with the SEC on November 18, 2015.
In conjunction with the announced financing the Company has consummated the acquisitions of both Christian and the assets of Eagle described in the Asset Purchase Agreement.
The Company’s operations are primarily in the Midwest and its corporate office is located in Milton, Georgia. The Financing has allowed the Company to recapitalize its existing indebtedness as well as provide it with significant unused debt capacity for working capital, capital expenditures and acquisitions. “This financing provides Meridian with the needed capital to build and internalize our current operations in St. Louis. In addition, it secures the assets the Company needed to further expand our footprint around St. Louis,” said CEO Jeffrey S. Cosman. “This credit facility will be a key driver for us in the future as we continue to win municipal contracts and provide un-surpassed service to our residential and commercial clients,” Cosman added.
The Financing is comprised of a term loan, a revolving credit facility, as well as a delayed draw term loan and was led by Goldman Sachs Specialty Lending Group, L.P. Rick Dreger, Attorney-at-Law and Lucosky Brookman LLP served as legal advisors while GSS Capital, the Investment Banking arm of Garden State Securities, Inc., served as exclusive a placement agent in the transaction.
MERIDIAN WASTE SOLUTIONS, INC is a company focused on solutions in the waste industry. Currently, the Company operates in St. Louis, Missouri as Meridian Waste Services, Christian Environmental Services and Meridian Waste Solutions, which serves over 55,000 residential, commercial and temporary customers in the St. Louis, MO market. In addition to a fleet of commercial, residential and temporary roll off trucks, the Company operates three transfer stations and one municipal solid waste landfill. Meridian is focused on providing unparalleled customer service in the form of long-term and short-term contracts.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve certain risks and uncertainties. The actual results or outcomes of Meridian Waste Solutions, Inc. may differ materially from those anticipated. Although Meridian Waste Solutions, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any such assumptions could prove to be inaccurate. Therefore, Meridian Waste Solutions, Inc. can provide no assurance that any of the forward-looking statements contained in this press release will prove to be accurate.
In light of the significant uncertainties and risks inherent in the forward-looking statements included in this press release, such information should not be regarded as a representation by Meridian Waste Solutions, Inc. that its objectives or plans will be achieved. Included in these uncertainties and risks are, among other things, fluctuations in operating results, general economic conditions, uncertainty regarding the results of certain legal proceedings and competition. Forward-looking statements consist of statements other than a recitation of historical fact and can be identified by the use of forward-looking terminology such as “may,” “intend,” “expect,” “will,” “anticipate,” “estimate” or “continue” or the negatives thereof or other variations thereon or comparable terminology. Because they are forward-looking, such statements should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties are more fully described in Meridian Waste Solutions, Inc.’s most recent Annual and Quarterly Reports filed with the Securities and Exchange Commission, including under the heading entitled “Risk Factors.” Meridian Waste Solutions, Inc. does not undertake an obligation to update publicly any of its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Meridian Waste Buys Two Haulers, Secures Funding
Meridian Waste Solutions Inc. has purchased two waste companies and secured $55 million in funding in part to pay for the deals.
Meridian, a Milton, Ga.-based waste company, acquired Christian Disposal LLC, which does business as Christian Environmental Services and is based in Winfield, Mo. The deal includes Christian's subsidiary, FWCD LLC.
Christian Disposal is one of Missouri’s largest integrated solid waste management companies, which provides solid waste collection, transfer, disposal and recycling services, according to a news release.
The second purchase was by the company’s wholly owned subsidiary, Meridian Land Co. LLC, of certain assets of Eagle Ridge Landfill LLC. It includes hauling operations and a municipal solid waste landfill in Bowling Green, Mo.
Meridian Waste secured from Goldman Sachs Specialty Lending Group L.P. a $55 million credit facility, with $40 million of the total funded at closing.
Both the financing and the acquisitions allow Meridian Waste to become a fully integrated waste management operation with major hauling assets, transfer stations and a MSW landfill in the St. Louis marketplace, the company said.
Acquisitions have continued briskly in December. Peoria Disposal Co. (PDC) moved into recycling processing with the acquisition of Midland Davis Corp.’s Pekin recycling division and facility. Peoria, Ill.-based PDC’s affiliate Area Recycling Inc. (ARI) purchased the recycling operation in Pekin, Ill.
Waste Management Inc. received antitrust clearance from the Justice Department to acquire Southern Waste Systems. The Houston-based Waste Management expects to close the transaction by the year’s end.
Advanced Disposal made three waste hauler acquisitions at the beginning of the month. It bought Fort Wayne, Ind.-based Earth First LLC; Webb Waste Inc. of Macon, Ga.; and Ball Ground, Ga.-based AC Sanitation, Inc.
I originally got in $.80 pre-split ($3.20 post) rode this all the way near $15 and got out at $4.65 just to prevent loss. I believe enough in the science that IF this goes below the $3.20 pps I will rebuy a larger postion that I had originally held. I do feel like this is gonna rattle around the $3 mark. all IMO
Meridian Waste Solutions aquired Christian Environmental Services
I also see nothing about dismissal, thats why I posted them. If anything it looks as they merely were granted a continuance on court date. they may be close to dismassal, but that seems to be a rumor running wild.
Will this take place after close?
ITEM 8.01 OTHER EVENTS
On January 28, 2016, the Board of Directors of Urban Barns Foods Inc. (the “Company”) approved a 1 for 20 reverse split of the Company’s Class A common stock and a corresponding decrease in its authorized capital, with an anticipated record date of February 8, 2016 (the “Reverse Split”). Shareholder approval for the Reverse Split was not required pursuant to §78.207 of the Nevada Revised Statutes. As a result of the Reverse Split and upon the filing of a Certificate of Change with the Nevada Secretary of State, the Company’s authorized capital will decrease from 500,000,000 shares of Class A common stock to 25,000,000, and its issued and outstanding Class A common stock will decrease from 499,948,520 shares to approximately 24,997,426, with each fractional share being rounded up to the nearest whole share.
In order for the Reverse Split to be recognized on the OTC markets, the Financial Industry Regulatory Authority (“FINRA”) will need to process the corporate action. The Company is in the process of submitting the required documentation to FINRA, but will continue to trade under the symbol “URBF” until such time as FINRA has declared the Reverse Split effective. Once FINRA has processed the corporate action, the Company plans to file a current report on Form 8-K to announce the effective date of the Reverse Split as well as its new temporary trading symbol, if applicable.
Docket minutes located near bottom from today
http://www.upshotservices.com/ughs
Docket Number Date Filed Document Name
836 2/8/2016 Courtroom Minutes. Time Hearing Held: 10:00. Appearances: Joshua Wolfshohl for the debtor, Reed Teckenbrock for Barth Estate, Mo Taherzadeh for Junious Valentine, Kevin Lippman for Munsch Hardt. (Related document(s):777 Objection to Claim, 778 Objection to Claim, 805 Application for Compensation) Parties trying to resolve claim objections. Hearings continued. Hearing continued to 2/22/2016 at 01:00 PM at Houston, Courtroom 401 (LZP) for the objection at docket 777. Hearing continued to 3/7/2016 at 1:00 PM at Houston, Courtroom 401 (LZP) for the objection at docket 778. Chris DeMao sworn and testimony proffered by Kevin Lippman. Application granted. Order signed. Supplement statement regarding BR Rule 2016 (a) to be filed within 5 days. (tcam) (Entered: 02/08/2016)
835 2/8/2016 Notice of: (A) Effective Date of Confirmed Joint Chapter 11 Plan of Liquidation; (B) Substantial Consummation of the Plan; and (C) Bar Dates for Certain Administrative, Professional and Rejection Claims,. (Related document(s):[799] Order Confirming Chapter 11 Plan) Filed by Michael D. Warner, Liquidating Trustee (Warner, Michael)
EJ MEDIA GROUP LLC February 15, 2016 Friendable, Inc. 1821 S. Bascom Ave. Campbell, CA 95008 ATTN: Robert Rositano RE: PUBLIC RELATIONS AGREEMENT FOR FRIENDABLE
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I admit, I am a bag holder on this one. Felt like this had so much potential, but just let my emotions trump my DD. I do not think we will see this bounce back. nothing to do now but just sit on my shares until a pump or something gives me an out. :-/
RSI is 68 O_o, 100k volume down 98% in 52 weeks?
should fall somewhere between .03-.05 post split. Would be nice to see it hit somewhere closer .07/.08 but doubtful right out of the gate.
UUUGGHH
On January 28, 2016, the Board of Directors of Urban Barns Foods Inc. (the “Company”) approved a 1 for 20 reverse split of the Company’s Class A common stock and a corresponding decrease in its authorized capital, with an anticipated record date of February 8, 2016 (the “Reverse Split”). Shareholder approval for the Reverse Split was not required pursuant to §78.207 of the Nevada Revised Statutes. As a result of the Reverse Split and upon the filing of a Certificate of Change with the Nevada Secretary of State, the Company’s authorized capital will decrease from 500,000,000 shares of Class A common stock to 25,000,000, and its issued and outstanding Class A common stock will decrease from 499,948,520 shares to approximately 24,997,426, with each fractional share being rounded up to the nearest whole share.
In order for the Reverse Split to be recognized on the OTC markets, the Financial Industry Regulatory Authority (“FINRA”) will need to process the corporate action. The Company is in the process of submitting the required documentation to FINRA, but will continue to trade under the symbol “URBF” until such time as FINRA has declared the Reverse Split effective. Once FINRA has processed the corporate action, the Company plans to file a current report on Form 8-K to announce the effective date of the Reverse Split as well as its new temporary trading symbol, if applicable.
I guess its safe to say we will not be seeing .0002 for quite awhile :-/
Good Morning LIBE, Think we will see .0002 again today? would like to see a little movement. However without news, this may be our nesting ground for awhile. Thoughts?
Been hoping to get my limit filled at .0001 all day, keeps getting down, but order wont fill.
Friendable Sees Significant Ranking Rise in Apple iTunes App Store
Up From #304 to #31 in Paid US Social Networking Category in 2016 Alone
CAMPBELL, CA--(NewMediaWire - Jan 19, 2016) - Friendable, Inc. (OTC PINK: FDBL) (the "Company") is pleased to announce the Company has achieved a significant app ranking rise in the Paid Social Networking category in Apple's iTunes App Store. Additionally The Company received approval of its app upgrade, now live in the App Store. The rise in the U.S. market follows a preceding rise in Canada where Friendable reached as high as #6 in the same category.
"We attribute these jumps in the rankings to the company's new brand, as well as our most recent app upgrade which was just approved yesterday and available for download or upgrade," stated Robert Rositano, Jr., CEO, Friendable, Inc. "In a very short period of time following the Friendable brand release we continue to get numerous items of validation while continuing to test new traction points. We are focused on our exposure and rankings in the Social Networking category, as it is imperative for Friendable as we continue to establish our market position"
"Not only does this spike validate many of our efforts, being near the top of an app ranking also provides the Friendable app with additional exposure," added Rositano.
This AM tumble has me thinking I can add at $3.00 or even in the $2.90s around lunch time. However I am deffinately adding below $3.50. As long as the science stays solid anything below $5 is a gift to long term investors on this one.
looking to double up, but waiting for bottom. Opinions on where bottom may be? we will see anything in the $2s or will this stay in the $3s for now?
We need numbers, legit, solid, audited numbers. I do believe the revenue and the growth are there and are real, however if filings are not brought up to date and audited this will continue to be another sinking OTC nightmare.
Holy christ! ANOTHER round of Dilution!? give us a break. The pps cannot support any more share dumping.
I think if they can show user base growth of any kind (Exponetially) potential buyout is always looming or an option. They just have to show interest, growth and potential for revenue