Blog - Page 4336 of 5774

ThursdayMar 05, 2009 5:02 am

Nexia Holdings, Inc. (NXHD.OB) Agrees to Acquire $500,000 of ARIO Preferred Stock

Nexia Holdings, Inc. announced that it has signed an agreement with AmeriResource Technologies, Inc. (ARIO.PK) to exchange 100,000 shares of its Series C Preferred Stock, with a stated conversion value of $500,000, for $500,000 of ARIO preferred stock. The transaction is anticipated to take place in the next 7-10 days. Nexia also told investors that it anticipates agreeing to similar exchanges in the coming months. CEO Richard Surber stated, "I am involved in discussions with up to six other entities that are interested in carrying out similar exchanges with Nexia. Such exchanges will broaden the portfolio of companies in which…

WednesdayMar 04, 2009 1:41 pm

eSolar, Inc. Signs $30 Million Agreement with ACME Group

eSolar, manufacturer of scalable, modular solar power collection plants, reported today the signing of an exclusive agreement with the ACME Group, one of India's leading environmentally-conscious energy companies. eSolar utilizes specialized solar thermal energy technology to derive power from the sun. Traditional solar power uses costly photovoltaic panels to convert the sun's light directly into electricity. eSolar's lesser-known thermal method uses concentrated sunlight to heat water, the steam from which then powers a turbine generator. This cost-effective technology has made eSolar one of the first companies to allow solar energy to compete with fossil fuels. The liscensing deal will allow…

WednesdayMar 04, 2009 12:13 pm

Squeezing The Orange

In marketing, an existing customer is considered far more valuable than a new prospect. That’s because it costs a lot of money to get a new customer, while an existing customer is already there, a proven commodity, someone with money who likes your product enough to have actually purchased it before. Businesses depend upon their existing customer base for most of their revenue, and spend a lot of money cultivating that base. An increasing number of people now believe that the same approach should be applied to oil production. Instead of spending billions of dollars trying to uncover new sources…

WednesdayMar 04, 2009 10:46 am

The Center For Wound Healing, Inc. (CFWH.OB) is “One to Watch”

The Center For Wound Healing, Inc. is a leading manager of comprehensive wound-care treatment centers. These centers offer hyperbaric oxygen therapy (HBOt) and traditional wound-care treatments. Headquartered in Tarrytown, New York, the company is part of the Specialized Health Services industry in the Healthcare sector. In partnership with local acute care hospitals, The Center For Wound Healing manages 35 wound care centers in the eastern United States. The Company recently procured an $8 million working capital and term loan facility with Signature Bank. This replaces a $6 million line they previously had with the bank. Founded by physicians in 1997,…

WednesdayMar 04, 2009 10:25 am

Cienega Creek Holdings, Inc. (CCKH.OB) Announces Completion of Share Buyback and Announces Strategic Business Changes

Cienega Creek Holdings, Inc. was pleased to announce today that it has completed a privately negotiated stock repurchase agreement for 75% of the company's outstanding stock. As terms of the agreement, the company acquired 7 million shares from the estate of its former director and retired the shares through cancelation. This action substantially reduced the number of outstanding shares. The company now has 2,294,250 outstanding shares, 895,250 of which are free-trading and unrestricted. Michael Klinicki, president of the company, commented, "Shareholder value was the driving force behind the purchase. We are committed to providing our shareholders with the very highest…

WednesdayMar 04, 2009 10:20 am

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB) Applies for Chinese Patents Designed to Improve Solar Panel Technology

Worldwide Energy and Manufacturing USA, Inc. (OTCBB: WEMU) announced that it has filed applications for eight Chinese patents in solar module technology that aim to improve voltage receiving capacity and the production process as well as increase power output and enhance design. CEO Jimmy Wang commented, "We are extremely proud of the technologies developed around these patents applications. Our technology provides us with a number of competitive advantages, including more efficient and longer-lasting modules, which saves the end-user both time and money in the long-term. We also believe that our phenomenal growth over the last 12 months in our solar…

WednesdayMar 04, 2009 10:14 am

Beacon Equity Research Featured Company: EcoloCap Solutions Inc. (ECOS.OB)

Headquartered in Montreal, Quebec, Canada, EcoloCap Solutions Inc. offers innovative and integrated business solutions to help combat climate change. Trading on the OTCBB, the company focuses on the commercial development of green energy projects in emerging economies. Asia is a place they are placing much emphasis on currently. EcoloCap Solutions sees an opportunity for the development of renewable, sustainable energy sources because of rising energy costs, climate change concerns, and the need to reduce greenhouse gases. EcoloCap is focusing on projects that qualify for Carbon Emission Reduction credits (CERs) registered under the Clean Development Mechanism (CDM) of the United Nations'…

WednesdayMar 04, 2009 9:58 am

PolyMedix Inc. (PYMX.OB) to Showcase its Staph-Fighting Compound to the Gordon Conference on Antimicrobial Peptides in California

According to the Centers for Disease Control and Prevention, Staphylococcus (staph) bacteria are one of the most common causes of skin infections in the United States. Staph is found in high-traffic facilities such as hospitals, gyms and schools. Some types of the bacteria are drug resistant, generating the need for strict sanitary regulations, as well as the need for the development of treatment to combat bacteria resistant to drugs. PolyMedix Inc. (PYMX.OB) focuses on the development of products to treat infectious diseases such as staph, as well as acute cardiovascular disorders. The company today announced it will present information of…

WednesdayMar 04, 2009 8:45 am

CelLynx Group, Inc. (CYNX.OB) Retains John Vecchione

CelLynx Group Inc. announced that John Vecchione has been retained to direct all of their sales and marketing activities. Vecchione holds an MBA and has more than 20 years of successful experience as a senior sales and marketing executive and consultant in the consumer electronics sector. Vecchione has an impressive track record that includes securing multi-million dollar consumer electronics accounts with K-Mart, Sears, Radio Shack, Best Buy and many others. At CelLynx, Vecchione's responsibilities will include personally spearheading direct sales to key national retail accounts as well as establishing strategic joint venture agreements with major U.S. national cellular network companies.…

WednesdayMar 04, 2009 8:15 am

Budget Waste to Start Comprehensive Financial Restructuring

BWI Holdings, Inc. (OTCBB: BWIH) would like to update its shareholders on the state of the operations of Budget Waste Alberta, Ltd, our wholly owned subsidiary in Canada. As a consequence of the global financial crisis, Budget Alberta is suffering the same types of financial issues as so many other businesses, including shortage of affordable credit from banks and slow or failed payment from customers. In order to insure that the assets and business of Budget Waste are properly protected for our shareholders, your board of directors has elected to seek protection for Budget Alberta from creditors under the CCAA…

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