Uncategorized Archives - Page 16 of 18

ThursdayJul 28, 2011 12:00 pm

Scorpex, Inc. (SRPX) Prepares to Capitalize on Mexico’s Waste Disposal Industry

The market for hazardous and industrial waste naturally increases in correlation with growth of the human population. Landfills have long been the method of waste disposal, but below the surface of the layers of dirt “hiding” our waste, reactions take place that create long-term environmental problems. This is where Scorpex steps in. The company is executing its operational mission to own and operate a full-service waste disposal and recycling company. Its first facility will be located on a 26-acre property just outside Ensenada, Mexico, ironically less than three miles from the region’s current landfill. The property will house ten hazardous…

ThursdayJul 28, 2011 8:14 am

Scorpex, Inc. (SRPX) Details Recently Announced $30 Million Equipment Agreement

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, today announced additional details of its recently announced major equipment contract signed with International Environmental Technologies, Inc. ("IET") for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology. Scorpex has agreed to a total purchase price of USD$30,000,000. As terms of the agreement, the purchase price will be paid in four payments: USD$9,000,000 upon the release of funds from the lender; USD$9,000,000 upon IET's delivery to Scorpex of a certification that the shop…

WednesdayJul 27, 2011 4:02 pm

Scorpex, Inc. (SRPX) Announces Multi-Million Dollar Equipment Contract

Today after the closing bell, Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, announced it has entered into a major agreement with International Environmental Technologies, Inc. ("IET") for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology. IET's patented technology is capable of processing municipal waste, medical waste and hazardous waste simultaneously without presorting for maximum efficiency. The oxygen starved system virtually eliminates noise and noxious odors when operating while reducing waste volume by 95%. The design of the system also…

MondayJul 25, 2011 1:28 pm

Scorpex, Inc. (SRPX) Announces Additions to Board of Directors and Executive Team

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, announced the appointment of Kenneth I. Denos to its Board of Directors, and Chene Gardner as interim Chief Financial Officer who will also serve on the Board of Directors. Furthermore, both individuals will be part of the audit committee, sharing in the responsibility of overseeing the audit preparation. Kenneth Denos brings with him extensive top management experience as he has served as the Chief Executive Officer of numerous successful companies, both public and private, including Equus Total Return, Inc., SportsNuts, Inc., MCC…

ThursdayJul 21, 2011 8:12 am

Scorpex, Inc. (SRPX) Praises US-Mexico Trucking Agreement

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, today applauded the recent US-Mexican agreement allowing each country's trucks to traverse the other's highways. The agreement ends nearly two decades of quarreling between the two countries over a key provision of the 1994 NAFTA agreement. As a result of the agreement, the high tariffs imposed by Mexico on dozens of U.S. products will be suspended when full cross-border traffic begins. Allowing long-haul trucking between the U.S. and Mexico is anticipated to create additional jobs and greater opportunity for both nations. The…

TuesdayJul 19, 2011 8:09 am

Scorpex, Inc. (SRPX) Details Current Site Status and Announces Plans for Further Construction

Today before the opening bell, Scorpex, Inc. reported the current status of its 26-acre site located at Fraccion A-2 Del Rancho El Encinito KM 18.7 Carretera A Ensenada - OJOS Delegacion Real Del Castillo, Ensenada, B.C.CP 22800. Located less than two miles from the current landfill near Ensenada, Mexico, the site was chosen after consultation with numerous officials and realtors. On-site improvements recently completed include a 10,000 square foot specifically-designed storage facility with 22 foot ceiling, a "catch" drainage system, and emergency sprinkler system. Property upgrades include a water reservoir, septic system and one mile of 13 foot high security…

MondayJul 18, 2011 8:12 am

Scorpex, Inc. (SRPX) Proudly Announces Authorization from the Mexican Environmental Authority (PROFEPA) to Obtain Use and Operational Permits

Scorpex, Inc. was very pleased to announce this morning that PROFEPA, the agency in Mexico responsible for monitoring and enforcing environmental laws, has granted clearance to the company for obtaining "Use" and "Operational" permits. Many of the employees of the environmental protection agency have visited and inspected the site numerous times and participated in the studies pertaining to the project. Use permits from federal, state, and city governments, in addition to a federal operational permit, are necessary for the operation of a full service waste disposal and recycling company. To obtain these permits, the Company has complied with all governmental…

TuesdayJul 12, 2011 8:19 am

Scorpex, Inc. (SRPX) CEO Interview Featured on SmallCapVoice.com

SmallCapVoice.com, Inc. today told investors that a new audio interview with Scorpex, Inc. is now available. The interview can be heard at the following link: http://smallcapvoice.com/blog/7-8-11-audio-interview-with-scorpex-inc-pink-sheets-srpx A recognized corporate investor relations firm, with clients nationwide, SmallCapVoice is known for its ability to help emerging growth companies build a following among retail and institutional investors. The firm offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools include stock charts, stock alerts, and client information sheets that can assist with investing in stocks that are traded on the OTC BB and…

MondayJul 11, 2011 8:06 am

Scorpex, Inc. (SRPX) Announces Definitive Agreement to Acquire Scorpex International

Scorpex, Inc. was pleased to announce today that it has entered into a definitive agreement to acquire Scorpex International, Inc. The acquisition has been effected through the merger of a direct wholly-owned subsidiary of the company with Scorpex International. Scorpex International is now a wholly-owned subsidiary of the company. Formerly known as Scorpion International Waste Solutions, Inc., Scorpex International, Inc. is a development stage company in the hazardous and toxic waste industry. With its first facility located near Ensenada, Mexico, the company is developing its first property for the storage, recycling, treatment, and disposal of hazardous waste. Once completed, Scorpex…

TuesdayJul 05, 2011 8:41 am

Scorpex, Inc. (SRPX) Engages Investor Relations Services of MissionIR

Today before the opening bell, Scorpex, Inc. announced that they have engaged the investor relations services of MissionIR. Through a network of investor-oriented sites and full suite of investor awareness services, MissionIR broadens the influence of publicly traded companies and their ability to attract growth capital as well as improve shareholder value. Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence…

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