Blog - Page 4868 of 5501

ThursdayDec 06, 2007 6:57 am

Changes for SEC Rule 144

At an open meeting, Monday December 3rd, the SEC adopted the most significant amendments to Rule 144 in over a decade. Even though the concept was favorable, the SEC decided not to combine Form 4 and Form 144 for right. Ultimately, the rules will not include the proposal of a tolled holding period for up to six months while a security holder is engaged in hedging transactions. However, under the final rule amendments (effective 60 days after publication), the holding period for restricted securities of reporting companies will be shortened to six months. As well as, under the substantially simplified…

ThursdayDec 06, 2007 6:42 am

Stratos Renewables Corp. (SRNW.OB) Confirms Name and Symbol Change

Stratos Renewables Corp. (formerly New Design Cabinets, Inc. under symbol NDCB.OB) was pleased to announce this morning that it has changed its name to Stratos Renewables Corporation effective today and that the new trading symbol is SRNW.OB. The Company is a Peru based company focused on producing ethanol from sugarcane and recently announced the closing of $10 million round of financing. The changes in Company name and symbol became effective today at the opening bell. “This highly anticipated step marks the beginning of an exciting phase in our growth and development,” said Carlos Antonio Salas, Chief Executive Officer and Director…

ThursdayDec 06, 2007 6:27 am

Stratos Renewables Corp. (SRNW.OB) – Advisory Board

Susana de la Puente - Susana de la Puente was employed as a Senior Advisor and Vice Chairman for J.P. Morgan until January 2007. Puente has spent 23 years with JP Morgan, initially being employed as an Analyst in the Latin America Economic and Financial Analysis Department. Since then, she has been responsible for U.S. Multinational's business in the region, senior clients in Mexico, Country Manager for Peru, and Head of the Andean Region Business ventures. However, Puente is currently focused on Private Equity investing within Latin America. Ms. De la Puente obtained a Masters in Business Administration in 1983…

ThursdayDec 06, 2007 5:52 am

Stratos Renewables Corp. (SRNW.OB) – Peru Sweetens on Sugar Cane

For years Brazil was stealing the headlines concerning Ethanol production, but all the while a quite buzz was developing in the background concerning Peru. Now, it's Peru that may very well emerge as not only the preeminent producer of Quality Ethanol, but the most profitable also. This quiet development now has investors all around the globe watching this situation closely. Ethanol is an alcohol based fuel known for containing more octane than most gasolines, while burning cleaner and producing much less tailpipe emissions and green house gasses. It's generally created by the refining and distilling of a sugar from one…

ThursdayDec 06, 2007 5:50 am

Stratos Renewables Corp. (SRNW.OB) – Cane is Able

Some 30 odd years ago Brazil made a bold decision. They decided that the best route they could take towards energy independence and a move away from importing oil was to use their vast acreages of sugar beets and sugar canes to distill fuel. As international oil prices continue to soar, that bet has put Brazil's decades old gamble at the forefront of a "biofuels" movement in which many countries view sugar cane, corn, soybeans, beets, cornstalks and native grasses as cleaner, money-saving substitutes for oil. This is especially true of oil produced in politically unstable countries where just the…

ThursdayDec 06, 2007 5:48 am

Stratos Renewables Corp. (SRNW.OB) Corporate Officers

Carlos Antonio Salas – Carlos Antonio Salas serves as Stratos Renewable's Chief Executive Officer and Director. Prior to being employed by Stratos, Salas served as a senior executive director in the fields of agribusiness and agricultural development; even being recognized as a Director General of the National Institute for Agricultural Research in Peru. Mr. Salas has helped 100 medium and large size food and agribusiness companies worldwide, directing technical, commercial, and financial evaluations in each company. Furthermore, Salas has also been employed by over ten national and international agriculture research and development committees; thus, Salas will be a critical link…

ThursdayDec 06, 2007 5:47 am

Stratos Renewables Corp. (SRNW.OB) – Going Green Using Sugar to Produce Ethanol

With the recent surge in demand to go green, much emphasis has been put on Ethanol production. Simply because it is Clean, Safe, and Renewable. Ethanol can be produce from a number of different plant materials. Sugar and Corn are the two main crops used in production. Corn however requires a great deal more energy to convert to ethanol making Sugar the more efficient choice. In fact Sugar is twice as efficient as Corn and only requires yeast and the removal of the water along with additives to purify the finished fuel. Ethanol production with Sugarcane begins with the farming…

ThursdayDec 06, 2007 5:46 am

Stratos Renewables Corp. (SRNW.OB) – Sugar-based Ethanol Sounds Like a Sweet Deal

Ethanol is a clean-burning, high-octane fuel that is produced from renewable resources – in the case of Stratos Renewables, from sugarcane that can be grown and harvested in Peru year-round. Sugarcane, containing the highest starch content of any plant stock, enables nearly three times the ethanol yields when compared to U.S. corn, helping to drive down costs and balance supply and demand. Sugar-based ethanol produces 80 percent less net greenhouse gases than gasoline, and boasts an estimated higher “energy balance” of just over 8:1. Also, because sugarcane is a renewable resource, ethanol fuel produced from it satisfies short-term needs and…

ThursdayDec 06, 2007 5:44 am

Stratos Renewables Corp. (SRNW.OB) – How Ethanol is Produced

Technologically, the process of producing ethanol from sugar is simpler than converting corn into ethanol and uses about half the energy. While converting corn into ethanol requires additional cooking and the application of enzymes, sugar requires only a yeast fermentation process and the removal of water. The process begins with cultivating and harvesting sugarcane at a cane field. Further processing is done at the sugar mill where the cane stalks are shredded and then crushed to extract the cane juice. The byproducts of this process are cane molasses, used in the production of alcoholic beverages, fuel alcohol and for direct…

ThursdayDec 06, 2007 5:43 am

The Peruvian Government is a Strategic Location for the Future Growth of Stratos Renewables Corp. (SRNW.OB)

Stratos Renewables is a low cost sugarcane ethanol producer that believes it will be able to produce the highest yields of sugarcane in the world on the northern coast of Peru. The large production will give it the advantage of being among the lowest cost producers on a global basis. Peru ranks with the world’s largest producers of silver, copper, zinc, tin, gold and lead. In the recent years the Peruvian government has encouraged agriculture and tourism through legislative action. Peru’s economy is well managed as revenues are increasing while expenditures keep pace. The country’s economy is one of the…

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