Blog - Page 3712 of 5670

TuesdayAug 24, 2010 8:40 am

UQM Technologies, Inc. (UQM) Announces Appointment of Former Chrysler Group Chief Operating Officer, Eric Ridenour, as President and Chief Operating Officer

UQM Technologies, Inc., a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets, recently announced that the company has appointed Eric Ridenour, former chief operating officer of the Chrysler Group, to the position of president and chief operating officer, effective September 1, 2010. In addition, Mr. Ridenour will become the chief executive officer for the company on December 1, 2010. The current CEO, William G. Rankin, will continue as the chairman of the company’s board of directors. With more than 26 years in the automobile industry,…

TuesdayAug 24, 2010 8:39 am

Estate Coffee Holdings Corp. (ECHD.OB) Announces Acquisition of Fresh Traffic Group

Estate Coffee Holdings Corp., an emerging specialty coffee company with intent to grow by vertical integration, recently announced that the company has secured an agreement to acquire 100 percent of Fresh Traffic Group, an effective web marketing organization that delivers a one-stop shop for affordable Internet marketing solutions. Under the terms of the agreement, Fresh Traffic Group shareholders will contribute to the company all shares held and be elected to the Estate Coffee’s board of directors. The closing of the agreement is subject to the parties’ completion of their due diligence and the satisfaction of certain legal conditions, with closing…

TuesdayAug 24, 2010 8:35 am

Cono Italiano, Inc. (CNOZ.OB) Featured in Indy Star Newspaper

Cono Italiano, Inc., the manufacturer of an "on the go" food product known as Pizza Cono, has been featured in the Indy Star Newspaper. Pizza Cono was recognized as one of the top new food items featured at the Indiana State Fair. The Indiana State Fair is amongst the largest annual fairs each year, lasting three weeks. The Indy Star Newspaper, along with local restaurants, vote, over a two-month period, for what they believe is the top new item for the upcoming festival. They choose several food items from different food categories. They then proceed to choose the top 10…

TuesdayAug 24, 2010 7:55 am

Simulated Environment Concepts, Inc. (SMEV.PK) Announces Expansion of Vibralife Fitness Program

Simulated Environment Concepts, Inc. (SE Concepts), makers of the high pressurized dry water massage and wellness equipment - SpaCapsule, announced this morning that Aspire Consulting, Ltd., a UK based firm specializing in fitness and weight loss, has engaged the company for its Vibralife Fitness Clinic and distribution model for the UK market. "SpaCapsule does much more than promote affordable and non-intrusive relaxation," stated Dr. Ella Frenkel, CEO and President of Simulated Environment Concepts, Inc. (SE Concepts). "SpaCapsule assists in the areas of fitness, weight loss and cellulite reduction when used regularly. We are very excited that Aspire Consulting is placing…

MondayAug 23, 2010 1:19 pm

NF Energy Saving Corp. (NFEC.OB) Signs $290k Contract for Equipment and Services in Indonesia

NF Energy, www.nfenergy.com – by bringing together energy-saving engineering proficiencies and comprehensive Energy Management Contract-focused energy efficiency upgrade projects, has quickly become one of the top China-based solution providers to the global integrated energy conservation market. Today, NFEC, which is vested in award-winning flow control equipment and wind power components, announced continued success on the signing of a technical services and equipment contract with PT. Multinas Indonesia. The Company is currently buzzing with activity in preparation for developing the ideal energy-saving cooling, drying and associated equipment solution for PT. Multinas, based on the contract, which Company officials project will provide…

MondayAug 23, 2010 1:16 pm

Table Trac, Inc. (TBTC.OB) Appoints Marketing Veteran to Executive VP

Table Trac, www.tabletrac.com – a top provider of full spectrum casino information and management system solutions to help automate/monitor operations via real-time situational awareness, reported that as of today a Member of the Board of Directors is now the Company’s new Executive VP. The appointment to this important position, which will report directly to the President and CEO of TBTC, Chad Hoehne, comes as little surprise because Mr. Goulet has an impressive 16-year track record in the industry as a marketing tactician who can really move gaming equipment: • Corporate Director of Research – Intralot (since 2008), a global leader…

MondayAug 23, 2010 10:34 am

China Recycling Energy Corp. (CREG) Announces Strategic Cooperation with China Cinda

China Recycling Energy Corp. provides environmentally friendly waste-to-energy technologies to recycle industrial byproducts for steel mills, cement factories and coke plants in China. Byproducts include heat, steam, pressure, and exhaust to generate large amounts of low-cost electricity and reduce the need for outside electrical sources. The company announced today its financing project in conjunction with China Cinda Asset Management Limited Corporation. China Cinda is one of the largest state-owned financial institutions and also an owner or shareholder of numerous large-scale high energy consuming industrial firms. China Recycling Energy hopes these companies will become users of its waste-to-energy solutions. The two…

MondayAug 23, 2010 10:18 am

China Wi-Max Communications, Inc. (CHWM.OB) Enters Reserve Equity Financing Agreement with AGS Capital

With headquarters in Denver, Colorado, China Wi-MAX is a multinational telecommunications and internet service company with a plan to operate in Chinese cities which have rapidly expanded broadband communications. Today, China Wi-MAX took a major step towards prominence with the announcement of a Reserve Equity Financing Agreement with AGS Capital Group (AGS). According to the terms of the agreement, AGS has made a commitment to purchase shares of China Wi-MAX common stock for cash consideration up to an aggregate of $10 million. The agreement is suppose to happen over a period of two years. The Reverse Equity Financing provided by…

MondayAug 23, 2010 9:43 am

Uranium Energy Corp. (UEC) Well Ahead Of Goldman Sachs and Investment Community In Pursuing Uranium Boom

Uranium Energy Corp, a uranium exploration and development company holding one of the largest databases of historic uranium exploration and development in the country, is hoping to cash in on a coming uranium boom, based upon an increasing move toward nuclear power and away from fossil fuels. The latest sign that such a boom is well underway is now coming from no less than Goldman Sachs. The huge investment bank has a major energy commodities trading operation, including the actual buying and selling of physical commodities to support its trading of energy derivative contracts. Until now, Goldman’s focus has been…

MondayAug 23, 2010 8:34 am

Upstream Worldwide (MFGD.OB) Posts Q2 Results, Notes Recent Capital Infusion

Upstream Worldwide Inc., a reverse logistics, direct-from-consumer recycler of precious metals and electronics, today reported its second-quarter financial results for the three months ended June 30, 2010, as well as the successful completion of an approximate $3 million equity financing. The company reports that on August 19, 2010 it sold 2,943,750 shares of a new Series B Preferred Stock and 73,593,750 warrants for gross proceeds of $2,943,750. Participation in the financing was comprised primarily of existing shareholders including Upstream CEO Doug Feirstein. "We are pleased to have completed this financing and are thankful for the confidence our investors have placed…

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