According to the Department of Energy’s Office of Fossil Energy, the United States has more than 43 billion barrels of oil from stranded oil reserves and mature oil and gas wells. The key for any oil and gas producer looking for the next successful venture is knowing where to look and having the expertise, crew and equipment to tap into these reserves.
The demand for crude oil, natural gas and petroleum-based products continues to soar, with the United States, China and India leading in the cry for more energy. While many markets face downturn in the midst of a recession, the oil and gas industry remains a furious force; Exxon Mobile, BP and Royal Dutch/Shell and other oil and gas companies are turning big profits as oil prices continue to climb.
Avalon Oil & Gas Inc. focuses on acquiring mature oil and gas wells in Kansas, Oklahoma, Texas and Louisiana. The independent oil and gas producer uses efficient reservoir maintenance and technology to generate a stable cash flow as it acquires oil and gas leases poised to benefit the company and its shareholders. Avalon continues to expand its lease properties and production operations as it focuses its operations on capitalizing on the United States’ vast, untapped reserves.
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Tuesday, June 30, 2009
Consorteum Holdings, Inc. (CSRH.OB) – Involved in Every Step of Payment Solutions
Consorteum Holdings Inc. is focused on building upon its extensive global expertise within the payments and transaction industry. By identifying new technologies and trends in the changing global marketplace, the company aims to increase revenues in existing markets, enter new markets, and deliver unique products and services to its customers. Consorteum offers its clients a long-term strategic plan utilizing the most technically advanced global solutions available.
With expertise in the global payments and transactions industries, Consorteum recognized the need within the industry to provide right source solutions to companies looking to maximize the potential of their business. The company has seized on this need.
Consorteum works with a multitude of global technology partners that enable the company to create customized solutions for each of its clients across a broad spectrum of industries. The products and services offered by Consorteum save their clients time and money by enabling them to maintain their focus on what they do best, enhancing efficiency and productivity.
Consorteum’s business model aims to generate revenue on every transaction touched, thus developing long-term, steady revenue. Each of the company’s business initiatives are designed to create significant repetitive transactions on an ongoing basis. Additional company revenues are generated from consulting services, management fees and project minimums.
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With expertise in the global payments and transactions industries, Consorteum recognized the need within the industry to provide right source solutions to companies looking to maximize the potential of their business. The company has seized on this need.
Consorteum works with a multitude of global technology partners that enable the company to create customized solutions for each of its clients across a broad spectrum of industries. The products and services offered by Consorteum save their clients time and money by enabling them to maintain their focus on what they do best, enhancing efficiency and productivity.
Consorteum’s business model aims to generate revenue on every transaction touched, thus developing long-term, steady revenue. Each of the company’s business initiatives are designed to create significant repetitive transactions on an ongoing basis. Additional company revenues are generated from consulting services, management fees and project minimums.
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Waytronx, Inc.’s (WYNX.OB) Subsidiary Selects New Vice President of Worldwide Sales
Waytronx, Inc., a leading provider of openly licensable advanced systems cooling solutions, announced earlier today that it’s wholly owned subsidiary, CUI, Inc., has selected Mark Adams as its Vice President of Worldwide Sales.
Previous to this appointment, Adams was a sales and product development leader in the semiconductor industry with nearly two decades of experience. He has acquired and managed major accounts such as Cisco Systems, Juniper Networks, Dell, Hewlett Packard (HP), Intel and others. Adams has represented proprietary products, commodity products, and value-add programs for Zilker Labs, Thorson Pacific, and Future Electronics.
Waytronx’s CEO & President William Clough commented, “Mark’s exceptional background and successful track record in sales to ‘Tier One’ technology companies makes him a great asset to both Waytronx and CUI. His experience in product development and commercializing emerging technologies gives him access to a broad network of OEM’s, which is a perfect strategic fit for our migration to a technology/licensing based business model. Mark also brings a specific focus on power IC’s that CUI values as a part of its growth strategy.”
Clough added, “Mark’s ability to organize and manage a global sales organization, including both internal and external (manufacturing) sales representatives will allow Waytronx to quickly and efficiently bring to market those proprietary technologies like the C14 and AMT Encoders and increase the sales of our core products at CUI. We anticipate he will be a major contributor to the commercialization of the WayCool(TM)/WayFast(TM) Technologies, as well. I am pleased to welcome him to the team.”
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Previous to this appointment, Adams was a sales and product development leader in the semiconductor industry with nearly two decades of experience. He has acquired and managed major accounts such as Cisco Systems, Juniper Networks, Dell, Hewlett Packard (HP), Intel and others. Adams has represented proprietary products, commodity products, and value-add programs for Zilker Labs, Thorson Pacific, and Future Electronics.
Waytronx’s CEO & President William Clough commented, “Mark’s exceptional background and successful track record in sales to ‘Tier One’ technology companies makes him a great asset to both Waytronx and CUI. His experience in product development and commercializing emerging technologies gives him access to a broad network of OEM’s, which is a perfect strategic fit for our migration to a technology/licensing based business model. Mark also brings a specific focus on power IC’s that CUI values as a part of its growth strategy.”
Clough added, “Mark’s ability to organize and manage a global sales organization, including both internal and external (manufacturing) sales representatives will allow Waytronx to quickly and efficiently bring to market those proprietary technologies like the C14 and AMT Encoders and increase the sales of our core products at CUI. We anticipate he will be a major contributor to the commercialization of the WayCool(TM)/WayFast(TM) Technologies, as well. I am pleased to welcome him to the team.”
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Electronic Game Card, Inc. (EGMI.OB) Announces First Exclusive Representative Agreement to Sell Interactive Entertainment and Education QuizCards...
Electronic Game Card, Inc. (EGMI.OB) Announces First Exclusive Representative Agreement to Sell Interactive Entertainment and Education QuizCards Into Leading Mass Market Retailers
Electronic Game Card, Inc. announced that it has signed an Exclusive Sales Representative Agreement with the FMM-The Moscoe Group to sell EGC Interactive Entertainment and Education “Know-it-All QuizCards(TM)” and “iQuizCards(TM)” branded cards. A 52-year business partner with leading mass market retail clients across America, the FMM-The Moscoe Group has a team of retail professionals who have decades of retail experience.
“This new sales relationship offers EGC access to some of the most formidable retail sales professionals with developed and efficient retailer buyer relationships in the world. Through FMM-The Moscoe Group’s exemplary reputation with its partners, EGC has an immediate opportunity to gain access to high level national big brand distribution of our new interactive trivia based QuizCards into some of the best known retailers in the world. The six leading retailers included in this agreement are all household names across the US and Canada totaling approximately 19,000 retail store locations,” commented Kevin Donovan, CEO of Electronic Game Card, Inc.”
Mr. Donovan continued, “The relationship allows EGC to maintain low overhead while accessing a highly respected team of national sales and distribution experts. The knowledge and relationships gained through this agreement will help EGC to successfully launch the first, of many, new proprietary product lines that will continue to increase the reach, product diversity and revenue of the company.”
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Electronic Game Card, Inc. announced that it has signed an Exclusive Sales Representative Agreement with the FMM-The Moscoe Group to sell EGC Interactive Entertainment and Education “Know-it-All QuizCards(TM)” and “iQuizCards(TM)” branded cards. A 52-year business partner with leading mass market retail clients across America, the FMM-The Moscoe Group has a team of retail professionals who have decades of retail experience.
“This new sales relationship offers EGC access to some of the most formidable retail sales professionals with developed and efficient retailer buyer relationships in the world. Through FMM-The Moscoe Group’s exemplary reputation with its partners, EGC has an immediate opportunity to gain access to high level national big brand distribution of our new interactive trivia based QuizCards into some of the best known retailers in the world. The six leading retailers included in this agreement are all household names across the US and Canada totaling approximately 19,000 retail store locations,” commented Kevin Donovan, CEO of Electronic Game Card, Inc.”
Mr. Donovan continued, “The relationship allows EGC to maintain low overhead while accessing a highly respected team of national sales and distribution experts. The knowledge and relationships gained through this agreement will help EGC to successfully launch the first, of many, new proprietary product lines that will continue to increase the reach, product diversity and revenue of the company.”
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ESP Resources Inc. (ESPI.OB) is “One to Watch”
ESP Resources, Inc. is an oil and gas company headquartered in Austin, Texas. Founded in 2006, the company, through their wholly owned subsidiary, ESP Petrochemicals, Inc., is a manufacturer, blender, distributor, and marketer of specialty chemicals to the oil and gas industry. Trading on NASDAQ’s OTCBB, they have operations in Scott, Louisiana, and Pecos County, Texas.
With the recent acquisition of their petrochemical subsidiary, ESP Petrochemicals, Inc., the company’s strategy is to expand market share within the petrochemical sector worldwide. They are working to do this via mergers and acquisitions. ESP Resources’ strategy is also to utilize their oil field petrochemical expertise to evaluate and acquire superior oil production assets for investment.
ESP Resources Inc. supplies retail and wholesale specialty chemicals for a broad spectrum of oil field applications. The company does this from an 11,000 square foot blending and distribution facility located in Scott, Louisiana. They distribute their product line throughout the Gulf Coast region of Louisiana, Texas, Mississippi, and Alabama. This includes both onshore and offshore. In addition, their wholesale division supplies specialty chemicals to several retailers operating in West Africa.
ESP Resources supplies production chemicals, drilling chemicals, waste remediation chemicals, cleaners, and waste treatment chemicals. These are for oil field applications, including separating suspended water and other contaminants from crude oil, pumping enhancement, cleaning, and fluids and additives used in the drilling and production process.
The company’s products include surfactants for production and injection problems, in addition to well completion and work-over chemicals to maximize the productivity from new and existing wells. Their products also include bactericides to kill water borne bacterial growth; scale compounds to prevent or treat scale deposits; corrosion inhibitors; as well as antifoams for controlling foaming problems. Additionally, their products include emulsion breakers formulated for crude oils, and paraffin chemicals that inhibit and/or dissolve paraffin to prevent buildup.
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With the recent acquisition of their petrochemical subsidiary, ESP Petrochemicals, Inc., the company’s strategy is to expand market share within the petrochemical sector worldwide. They are working to do this via mergers and acquisitions. ESP Resources’ strategy is also to utilize their oil field petrochemical expertise to evaluate and acquire superior oil production assets for investment.
ESP Resources Inc. supplies retail and wholesale specialty chemicals for a broad spectrum of oil field applications. The company does this from an 11,000 square foot blending and distribution facility located in Scott, Louisiana. They distribute their product line throughout the Gulf Coast region of Louisiana, Texas, Mississippi, and Alabama. This includes both onshore and offshore. In addition, their wholesale division supplies specialty chemicals to several retailers operating in West Africa.
ESP Resources supplies production chemicals, drilling chemicals, waste remediation chemicals, cleaners, and waste treatment chemicals. These are for oil field applications, including separating suspended water and other contaminants from crude oil, pumping enhancement, cleaning, and fluids and additives used in the drilling and production process.
The company’s products include surfactants for production and injection problems, in addition to well completion and work-over chemicals to maximize the productivity from new and existing wells. Their products also include bactericides to kill water borne bacterial growth; scale compounds to prevent or treat scale deposits; corrosion inhibitors; as well as antifoams for controlling foaming problems. Additionally, their products include emulsion breakers formulated for crude oils, and paraffin chemicals that inhibit and/or dissolve paraffin to prevent buildup.
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Energtek, Inc. (EGTK.PK) Promises a Cleaner World
Energtek, Inc., world leader in the development of ANG (Adsorbed Natural Gas) technology, sees itself as offering a solution to a host of world environmental problems. By using ANG technology to provide more efficient and cost effective natural gas storage and transportation, Energtek allows the use of natural gas (NG) in vehicles and locations not previously possible. In so doing, the many environmental advantages of NG are greatly expanded. This is especially true in Asia where ANG means natural gas can now be inexpensively transported to remote locations not served by the region’s limited pipeline infrastructure. In addition, millions of 2- and 3-wheeled vehicles, so common in Asia and other developing areas, can now be converted to NG.
One of the most beneficial applications of natural gas is as an automotive fuel because it greatly reduces pollution compared to other combustible fuels. Natural gas is comprised largely of methane (CH4), one of the simplest substances in nature. Due to its simple composition, methane is the cleanest burning of all fuels, after pure hydrogen.
Emissions from gasoline and diesel engines are a major source of greenhouse gases as well as dangerous particulate matter. They are also known to contribute to a variety of human diseases, including cancer and heart disease. NG vehicles release almost no particulate matter and far fewer toxic pollutants and greenhouse gases. Carbon dioxide emissions are reduced by 25%, nitrous oxides by 35%-60%, and carbon monoxide by over 90%.
As just one example, the NG Honda Civic GX has been called the cleanest internal combustion vehicle on earth by none other than the U.S. Environmental Protection Agency. It has been reported that the Civic can drive from the West Coast of the US to the East Coast and emit less non-methane hydrocarbons than spilling one teaspoon of petrol. If fact, tests performed in heavily polluted cities found that the air emitted from NG vehicles is often cleaner than the air entering the engine.
As if that weren’t enough, emissions from NG combustion contain virtually no sulfur dioxide, a primary contributor to acid rain. And, as a side benefit, the noise from NG vehicles has been shown to be up to 50% less than similar sized gasoline or diesel vehicles. It’s little wonder that governments in Asia have been not only cooperative, but actively encouraging Energtek’s goal of converting millions of vehicles to clean natural gas.
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One of the most beneficial applications of natural gas is as an automotive fuel because it greatly reduces pollution compared to other combustible fuels. Natural gas is comprised largely of methane (CH4), one of the simplest substances in nature. Due to its simple composition, methane is the cleanest burning of all fuels, after pure hydrogen.
Emissions from gasoline and diesel engines are a major source of greenhouse gases as well as dangerous particulate matter. They are also known to contribute to a variety of human diseases, including cancer and heart disease. NG vehicles release almost no particulate matter and far fewer toxic pollutants and greenhouse gases. Carbon dioxide emissions are reduced by 25%, nitrous oxides by 35%-60%, and carbon monoxide by over 90%.
As just one example, the NG Honda Civic GX has been called the cleanest internal combustion vehicle on earth by none other than the U.S. Environmental Protection Agency. It has been reported that the Civic can drive from the West Coast of the US to the East Coast and emit less non-methane hydrocarbons than spilling one teaspoon of petrol. If fact, tests performed in heavily polluted cities found that the air emitted from NG vehicles is often cleaner than the air entering the engine.
As if that weren’t enough, emissions from NG combustion contain virtually no sulfur dioxide, a primary contributor to acid rain. And, as a side benefit, the noise from NG vehicles has been shown to be up to 50% less than similar sized gasoline or diesel vehicles. It’s little wonder that governments in Asia have been not only cooperative, but actively encouraging Energtek’s goal of converting millions of vehicles to clean natural gas.
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i2Telecom International, Inc. (ITUI.OB) Names Gary Menees as Vice President of Strategic Sales
Award winning developer of innovative high-quality mobile applications and services, i2Telecom International, Inc. announced the appointment of Gary Menees as Vice President of Strategic Sales for i2Telecom International, Inc. and its subsidiary companies. Mr. Menees will focus on developing and maintaining strategic relationships with targeted accounts in the company’s key markets, including enterprise, retail and small/medium business channels.
With a Bachelor of Arts degree from the University of Memphis, Mr. Menees has more than 18 years of industry experience, developing sales and distribution channels with global distributors, national retailers and wireless operators. He has served as a Sales Manager with Samsung, Vice President of Sales at Sony Ericsson, and Vice President of Consumer Sales with INVISIO. Additionally, he was Director of Sales with WiderThan Americas and Vice President of Sales for the T-Mobile Key Account Team at Lucent Technologies. Most recently, Mr. Menees served as President of the management consulting firm MMS-C, LLC.
David Schafer, Senior Vice President of Worldwide Sales for i2Telecom International commented, “Gary has tremendous sales experience, solid, long-standing industry relationships, and a proven history of success. His energy, leadership and understanding are ideally suited to helping i2Telecom expand its reach in these very important markets.”
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With a Bachelor of Arts degree from the University of Memphis, Mr. Menees has more than 18 years of industry experience, developing sales and distribution channels with global distributors, national retailers and wireless operators. He has served as a Sales Manager with Samsung, Vice President of Sales at Sony Ericsson, and Vice President of Consumer Sales with INVISIO. Additionally, he was Director of Sales with WiderThan Americas and Vice President of Sales for the T-Mobile Key Account Team at Lucent Technologies. Most recently, Mr. Menees served as President of the management consulting firm MMS-C, LLC.
David Schafer, Senior Vice President of Worldwide Sales for i2Telecom International commented, “Gary has tremendous sales experience, solid, long-standing industry relationships, and a proven history of success. His energy, leadership and understanding are ideally suited to helping i2Telecom expand its reach in these very important markets.”
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LIGATT Security International (LGTT.PK) to Purchase Cyber Defense Systems, Inc.
LIGATT Security International announced today the intent to purchase Cyber Defense Systems, Inc. (PINKSHEETS: CYDM), a company whose focal point is international homeland defense. This purchase will aid in the distribution of computer security and cyber crime products and services. CYDM is certified to do business with the federal government and has operated in the past under the International Traffic in Arms Regulations (ITAR) agreement. The company plans to utilize ITAR to sell products to National Homeland Security, foreign militaries, foreign militaries and international governments.
CEO Gregory Evans stated, “We plan to pay current shareholders of LIGATT Security shares of the newly acquired company based on a 5-1 ratio, meaning for every five shares owned in LIGATT Security, shareholders will acquire one share in the new company.”
Evans added, “LIGATT Security will continue to strive for company expansion through seeking and incorporating a network of innovators who are equally determined as us to reach new heights in technology. By purchasing Cyber Defense Systems, Inc., we will be able to partner with fellow security experts like William Robinson to be a force against international terror.”
CYDM aims to meet the country’s need for both security at home and abroad. As continued terror attacks occur around the globe, CYDM provides cost effective solutions to support international homeland defense. With the addition of Cyber Defense Systems, Inc., LIGATT Security International will also appoint a new Board of Directors, President and CEO. The acquisition of CYDM is expected to close by August 1, 2009.
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CEO Gregory Evans stated, “We plan to pay current shareholders of LIGATT Security shares of the newly acquired company based on a 5-1 ratio, meaning for every five shares owned in LIGATT Security, shareholders will acquire one share in the new company.”
Evans added, “LIGATT Security will continue to strive for company expansion through seeking and incorporating a network of innovators who are equally determined as us to reach new heights in technology. By purchasing Cyber Defense Systems, Inc., we will be able to partner with fellow security experts like William Robinson to be a force against international terror.”
CYDM aims to meet the country’s need for both security at home and abroad. As continued terror attacks occur around the globe, CYDM provides cost effective solutions to support international homeland defense. With the addition of Cyber Defense Systems, Inc., LIGATT Security International will also appoint a new Board of Directors, President and CEO. The acquisition of CYDM is expected to close by August 1, 2009.
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Petroflow Energy Ltd. (PED) is “One to Watch”
Petroflow Energy Ltd. is an oil and gas exploration and production company with assets in Oklahoma, Texas and Alberta, Canada. The company is most active in Oklahoma where it is developing the Hunton Resource play.
Petroflow Energy just reported May production on its properties in this basin. The company produced at a peak rate of 4,519 barrels oil equivalent (BOE) per day, and at an average rate of 4,132 BOE per day. This production was up 11% sequentially from April 2009 and was composed of natural gas, oil and natural gas liquids (NGL).
Petroflow Energy uses horizontal drilling technology to drill wells in the Hunton Resource play, which allows for higher production and reserve recovery. These wells are drilled at an average depth range of 4,500-6,500 feet, and cost $2.1 million to drill and complete. The company estimates its reserves at 2.5 Bcfe per well.
“Our investment in the Hunton Play in Oklahoma is based on two principle elements. First, this activity is a low risk enterprise with predictable production curves; and second, the use of this type of technology is repeatable in many areas.” said John Melton, the Chief Executive Officer of Petroflow Energy Ltd.
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Petroflow Energy just reported May production on its properties in this basin. The company produced at a peak rate of 4,519 barrels oil equivalent (BOE) per day, and at an average rate of 4,132 BOE per day. This production was up 11% sequentially from April 2009 and was composed of natural gas, oil and natural gas liquids (NGL).
Petroflow Energy uses horizontal drilling technology to drill wells in the Hunton Resource play, which allows for higher production and reserve recovery. These wells are drilled at an average depth range of 4,500-6,500 feet, and cost $2.1 million to drill and complete. The company estimates its reserves at 2.5 Bcfe per well.
“Our investment in the Hunton Play in Oklahoma is based on two principle elements. First, this activity is a low risk enterprise with predictable production curves; and second, the use of this type of technology is repeatable in many areas.” said John Melton, the Chief Executive Officer of Petroflow Energy Ltd.
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The UpTurn, Inc.’s (UPTR.PK) Unique Focus on the Real Estate Market
The UpTurn, Inc., an online information portal for real estate industry professionals, homeowners, sellers and buyers, recently announced the launch of the company’s Reality on Realty blog, which hosts a team of highly experienced real estate bloggers and has quickly become the online destination for news and information for forward-thinking industry professionals, homeowners, sellers and home seekers.
Currently in a private Beta testing, the company’s TheUpTurn.com website matches users interested in real estate with sellers and real estate professionals that specialize in properties of that specific type and area of search. Set up for the exchange ideas and information, the portal maintains a fully opted-in audience and will be capable of sending query results to users via email, Facebook and LinkedIn.
“Reality on Realty blog is just the first of our community-based destinations. The UpTurn, Inc. is built on a foundation that searching for Real Estate should be people-centric, not property-centric,” stated Jeffrey M. Eckman, chief executive officer of The UpTurn, Inc. “The most important and largest purchase one will ever make is property. We want that property to also fit their lifestyle and commuting preferences, not just meet their criteria for number of bedrooms.”
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Currently in a private Beta testing, the company’s TheUpTurn.com website matches users interested in real estate with sellers and real estate professionals that specialize in properties of that specific type and area of search. Set up for the exchange ideas and information, the portal maintains a fully opted-in audience and will be capable of sending query results to users via email, Facebook and LinkedIn.
“Reality on Realty blog is just the first of our community-based destinations. The UpTurn, Inc. is built on a foundation that searching for Real Estate should be people-centric, not property-centric,” stated Jeffrey M. Eckman, chief executive officer of The UpTurn, Inc. “The most important and largest purchase one will ever make is property. We want that property to also fit their lifestyle and commuting preferences, not just meet their criteria for number of bedrooms.”
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Exobox Technologies Corp. (EXBX.OB) Announces Launch of SaaS Data Leak Detection and Protection Software
This morning, Exobox Technologies announced that its highly anticipated SaaS (Software-As-A-Service) data leak detection software product, ExoDetect, is now commercially available. Although many organizations heavily invest to protect their enterprise, significant data leakage still occurs at an estimated cost of $1 million per incident. Exobox’s software is uniquely designed to identify and recover valuable information and intellectual property that has been leaked beyond corporate walls.
Ted Ernst, CTO of Exobox, stated, “Exobox is excited to make ExoDetect available via subscription, to companies that want to safeguard their most valuable data assets and regain control over their reputations. No other product mitigates risk associated with governance and compliance breeches and closes the gaps that allow sensitive data to escape and become a liability to an organization to the extent that ExoDetect does. We worked hard to develop a product that would give corporations assurance that their private discussions, plans, and strategies were protected, and after a comprehensive research and development process, we have achieved that goal.”
According to the press release, beta testers of ExoDetect, including executives and information security officers for several Fortune 1000 companies, have responded with glowing feedback concerning the new software’s ability to shore up business information security.
“As a Beta Tester of ExoDetect, we have seen first-hand the huge value that this product can add to our data security program. With ExoDetect, we have another shield of armor protecting our corporate information,” commented Tim Stanley, Director Information Security for Continental Airlines.
“Halock Security Labs is committed to identifying and shoring up vulnerabilities in our clients’ information security systems,” said Karsten Abata, program director of Halock Security Labs. “ExoDetect is the best data leak detection software available and exponentially enhances our ability to address both the strategic and technical security needs of our clients and protect their most valuable assets.”
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Ted Ernst, CTO of Exobox, stated, “Exobox is excited to make ExoDetect available via subscription, to companies that want to safeguard their most valuable data assets and regain control over their reputations. No other product mitigates risk associated with governance and compliance breeches and closes the gaps that allow sensitive data to escape and become a liability to an organization to the extent that ExoDetect does. We worked hard to develop a product that would give corporations assurance that their private discussions, plans, and strategies were protected, and after a comprehensive research and development process, we have achieved that goal.”
According to the press release, beta testers of ExoDetect, including executives and information security officers for several Fortune 1000 companies, have responded with glowing feedback concerning the new software’s ability to shore up business information security.
“As a Beta Tester of ExoDetect, we have seen first-hand the huge value that this product can add to our data security program. With ExoDetect, we have another shield of armor protecting our corporate information,” commented Tim Stanley, Director Information Security for Continental Airlines.
“Halock Security Labs is committed to identifying and shoring up vulnerabilities in our clients’ information security systems,” said Karsten Abata, program director of Halock Security Labs. “ExoDetect is the best data leak detection software available and exponentially enhances our ability to address both the strategic and technical security needs of our clients and protect their most valuable assets.”
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Monday, June 29, 2009
Axial Vector Energy Corp. (AXVC.PK) Licensed to Produce Multi-Fuel Engines in Malaysia
Axial Vector Energy Corporation recently announced the sale of its first license to produce its multi fuel “work horse engines” in Malaysia. Premier Group, with headquarters in Kuala Lumpur, Malaysia signed the exclusive license agreement covering Malaysia, Indonesia and parts of Southeast Asia. The company agreed to produce a minimum of 5,000 workhorse engines to be configured for palm oil use only. The agreement calls for a non-refundable fee of $500,000 dollars as well as a durability pilot site for 5,000 hours. On completion of the durability testing, Premier will provide contract production in SE Asia for the engines, or may choose to open its own production facility.
Payment of $1,000,000 will be received both at the start up of the production facility and when the first engine is completed. The company will receive further milestone payments of $500,000 at completion of technology transfer to the production facility. After the first 500 engines are produced, AVEC will receive $2,000 per engine royalty on a perpetual basis.
AVEC has agreed to provide the first right of refusal to purchase the continuing royalty should it decide to sell its forward revenue stream. As part of this agreement, Premier shall also receive a first right of refusal to license AVEC electric motors or coreless generators after the initial payments of $3,000,000 are complete.
Rahim Mahmud, Managing Director of Premier Group, stated, “We are very pleased to be the first licensee to be able to produce this extraordinary engine. The enormous torque band allowing operation without a transmission and its ability to run on Palm Oil only or many other fuels creates an ideal situation for our country and most of Southeast Asia. As the world’s largest producer of Palm Oil, our country has enormous ability to use these engines for very low cost power using “non fossil fuel”. We believe this sets the standard for the future of clean power without hydrocarbons and we will be bringing officials of the Malaysian Government to the AVEC Technology Demonstration in Virginia Beach, USA on July 14th.”
Ahmed Khalifa, AVEC Chairman, added, “This license and the revenue received under it represent what we believe will be the first of many revenue streams in 2009. Mr. Mahmud’s background in Oil and Gas and their company’s ability to deploy the engines using value added Palm Oil will be very profitable for all and provide a springboard of commercial credibility which can then be expanded to other areas of the world.”
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Payment of $1,000,000 will be received both at the start up of the production facility and when the first engine is completed. The company will receive further milestone payments of $500,000 at completion of technology transfer to the production facility. After the first 500 engines are produced, AVEC will receive $2,000 per engine royalty on a perpetual basis.
AVEC has agreed to provide the first right of refusal to purchase the continuing royalty should it decide to sell its forward revenue stream. As part of this agreement, Premier shall also receive a first right of refusal to license AVEC electric motors or coreless generators after the initial payments of $3,000,000 are complete.
Rahim Mahmud, Managing Director of Premier Group, stated, “We are very pleased to be the first licensee to be able to produce this extraordinary engine. The enormous torque band allowing operation without a transmission and its ability to run on Palm Oil only or many other fuels creates an ideal situation for our country and most of Southeast Asia. As the world’s largest producer of Palm Oil, our country has enormous ability to use these engines for very low cost power using “non fossil fuel”. We believe this sets the standard for the future of clean power without hydrocarbons and we will be bringing officials of the Malaysian Government to the AVEC Technology Demonstration in Virginia Beach, USA on July 14th.”
Ahmed Khalifa, AVEC Chairman, added, “This license and the revenue received under it represent what we believe will be the first of many revenue streams in 2009. Mr. Mahmud’s background in Oil and Gas and their company’s ability to deploy the engines using value added Palm Oil will be very profitable for all and provide a springboard of commercial credibility which can then be expanded to other areas of the world.”
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Micro Imaging Technology, Inc. (MMTC.OB) Joins with OPH Ltd. in Development Deal
Micro Imaging Technology, Inc. announced that it has entered into a strategic business development relationship with OPH Ltd. Hong Kong, crucial to securing a manufacturing partner in Asia. OPH will also develop this market for the Micro Imaging Technology (MIT) 1000 Rapid Microbial Identification System by working closely with existing MIT and its distributors to identify and select other strategic partners to expand the company’s business in Asia. MIT recently received Performance Test Method Certification for the Identification of Listeria from the AOAC Research Institute and is now focused on accelerating the commercialization of the MIT 1000.
David Harris, chairman of OPH Ltd. stated, “The MIT 1000 technology is truly a revolutionary development in rapid detection of microbial pathogens. We are very pleased and excited to partner with MIT in delivering these exceptional technological benefits to Asian producers and consumers. The speed, accuracy and cost-savings provided by the MIT 1000 System will improve the operational efficiencies and bottom line for food and pharmaceutical manufacturers and, most importantly, will contribute to the advancement of the overall safety of their global supply chains.”
Michael Brennan, MIT’s Chairman and CEO added, “OPH has helped numerous companies quickly and successfully expand their businesses to Asia. Given our objectives of establishing a global presence and lowering product cost, we see the partnership with OPH as a significant first step in our international growth goals.”
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David Harris, chairman of OPH Ltd. stated, “The MIT 1000 technology is truly a revolutionary development in rapid detection of microbial pathogens. We are very pleased and excited to partner with MIT in delivering these exceptional technological benefits to Asian producers and consumers. The speed, accuracy and cost-savings provided by the MIT 1000 System will improve the operational efficiencies and bottom line for food and pharmaceutical manufacturers and, most importantly, will contribute to the advancement of the overall safety of their global supply chains.”
Michael Brennan, MIT’s Chairman and CEO added, “OPH has helped numerous companies quickly and successfully expand their businesses to Asia. Given our objectives of establishing a global presence and lowering product cost, we see the partnership with OPH as a significant first step in our international growth goals.”
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Neah Power Systems, Inc. (NPWS.OB) is “One to Watch”
Neah Power Systems, Inc. is developing long lasting, efficient, and safe power solutions for portable electronic devices. These devices include notebook PCs, military radios, and other computer, entertainment, and communications products. Founded in 1999 by Leroy Ohlsen and Michael Fabian, Neah Power has grown to include a world-class engineering and scientific team from around the world. Prototype development continues and the company expects to make their energy products commercially available this year.
Neah Power Systems uses a patented, silicon-based design for their micro fuel cells. This enables higher power densities to enable lighter-weight, smaller form factors and lower costs. The Company’s micro fuel cell system can run in aerobic and anaerobic modes. This silicon-based architecture lets the Company use a componentized design so that they can tailor a fuel cell to meet each customer’s needs, varying the components to achieve required power, size, and operating duration.
On April 21, 2009, Neah Power Systems, Inc. announced that they signed a technology license agreement with Hobie Cat Company to explore together utilizing the company’s patented, silicon-based fuel cells to power Hobie Cat’s various boat products. Hobie Cat Company is a manufacturer of world-class sail and fishing boats.
Neah’s fuel cells use renewable methanol, a cost efficient, sustainable “green” energy. Dr. Chris D’Couto, Neah Power Systems, Inc.’s President and Chief Executive Officer, stated that Neah fuel cells unique anaerobic operation, which minimizes or eliminates air quality impact, applies directly to Hobie’s water environment.
“Our micro fuel cells may eventually replace batteries for most uses,” Mr. D’Couto said, “meaning that cost-efficient and ”green” technology is at hand to not only preserve the environment, but to provide nearly perpetual power to the military, manufacturers of almost any product that require an energy source, and to the millions of consumers who require energy on the go.”
Last Thursday, Neah Power Systems, Inc. announced that they have successfully demonstrated a new type of low cost, high reliability liquid electrolyte based direct methanol fuel cell. The fuel cell does not require air to operate. This is the first major innovation in fuel cell technology in over 20 years.
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Neah Power Systems uses a patented, silicon-based design for their micro fuel cells. This enables higher power densities to enable lighter-weight, smaller form factors and lower costs. The Company’s micro fuel cell system can run in aerobic and anaerobic modes. This silicon-based architecture lets the Company use a componentized design so that they can tailor a fuel cell to meet each customer’s needs, varying the components to achieve required power, size, and operating duration.
On April 21, 2009, Neah Power Systems, Inc. announced that they signed a technology license agreement with Hobie Cat Company to explore together utilizing the company’s patented, silicon-based fuel cells to power Hobie Cat’s various boat products. Hobie Cat Company is a manufacturer of world-class sail and fishing boats.
Neah’s fuel cells use renewable methanol, a cost efficient, sustainable “green” energy. Dr. Chris D’Couto, Neah Power Systems, Inc.’s President and Chief Executive Officer, stated that Neah fuel cells unique anaerobic operation, which minimizes or eliminates air quality impact, applies directly to Hobie’s water environment.
“Our micro fuel cells may eventually replace batteries for most uses,” Mr. D’Couto said, “meaning that cost-efficient and ”green” technology is at hand to not only preserve the environment, but to provide nearly perpetual power to the military, manufacturers of almost any product that require an energy source, and to the millions of consumers who require energy on the go.”
Last Thursday, Neah Power Systems, Inc. announced that they have successfully demonstrated a new type of low cost, high reliability liquid electrolyte based direct methanol fuel cell. The fuel cell does not require air to operate. This is the first major innovation in fuel cell technology in over 20 years.
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Epazz Inc. (EPAZ.OB) Reports 90% Level of Customer Renewal Rates
Epazz Inc. provides software solutions and Web applications to small and mid-size businesses, educational institutions, government agencies and more. The company today announced that its maintenance renewal rates for its Agent Power and DeskFlex Web-based software products exceed the 90-percent level. The company attributes the trend to its customer service and product offering.
In the press release, the company notes the positive feedback it has received regarding its timeliness and quality of support and general IT consultations. Epazz chairman and CEO Shaun Passley said the trend of the renewal rates are expected to continue as the company’s products are applied to extended markets.
Call center managers use Epazz’s Agent Power v23 to control and monitor agent schedules and productivity, resulting in improved planning, scheduling, real-time agent status, historical agent performance and group performance. Epazz offers detailed reports that give companies access to management on a real-time, daily, weekly, monthly and year-to-date basis.
The DeskFlex v12.9 is a website that serves as a scheduling solution for the use of conference rooms, workspaces, desks, carp parking spaces, equipment and more. The site caters to mobile or remote workers looking for a temporary workspace. Using this as a “pool of shared resources,” companies can lower leasing expenses by limiting the space needed for offices, desks and other overhead needs.
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In the press release, the company notes the positive feedback it has received regarding its timeliness and quality of support and general IT consultations. Epazz chairman and CEO Shaun Passley said the trend of the renewal rates are expected to continue as the company’s products are applied to extended markets.
Call center managers use Epazz’s Agent Power v23 to control and monitor agent schedules and productivity, resulting in improved planning, scheduling, real-time agent status, historical agent performance and group performance. Epazz offers detailed reports that give companies access to management on a real-time, daily, weekly, monthly and year-to-date basis.
The DeskFlex v12.9 is a website that serves as a scheduling solution for the use of conference rooms, workspaces, desks, carp parking spaces, equipment and more. The site caters to mobile or remote workers looking for a temporary workspace. Using this as a “pool of shared resources,” companies can lower leasing expenses by limiting the space needed for offices, desks and other overhead needs.
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Savoy Energy Corp. (SNVP.OB) is Wringing Out Much Needed Energy
Savoy Energy Corporation is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through recompletion and work-over activities.
To bring these abandoned wells online, Savoy Energy not only applies modern well technology but uses a meticulous process of evaluation and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling. This process also takes away the risk of traditional exploration projects and allows Savoy to minimize the high overhead costs of traditional exploration and production companies.
Savoy Energy’s small size is actually an advantage in their niche market of bringing abandoned wells online. There is no competition from larger and mid-sized companies, which are searching for large acquisitions and large drilling projects in order to be meaningful to a company of that size. To date, all of the company’s wells are located in Gonzales County, Texas.
Savoy Energy believes it has the experience and knowledge necessary to find the location of the best abandoned properties for acquisition. The company’s officers, directors, and geologists have over 100 years of combined experience in the oil and gas industry. Savoy Energy is focused on increasing shareholder value by acquiring the right properties, reducing the cost of bringing the wells back online, and getting the oil to flow.
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To bring these abandoned wells online, Savoy Energy not only applies modern well technology but uses a meticulous process of evaluation and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the cost of initial drilling. This process also takes away the risk of traditional exploration projects and allows Savoy to minimize the high overhead costs of traditional exploration and production companies.
Savoy Energy’s small size is actually an advantage in their niche market of bringing abandoned wells online. There is no competition from larger and mid-sized companies, which are searching for large acquisitions and large drilling projects in order to be meaningful to a company of that size. To date, all of the company’s wells are located in Gonzales County, Texas.
Savoy Energy believes it has the experience and knowledge necessary to find the location of the best abandoned properties for acquisition. The company’s officers, directors, and geologists have over 100 years of combined experience in the oil and gas industry. Savoy Energy is focused on increasing shareholder value by acquiring the right properties, reducing the cost of bringing the wells back online, and getting the oil to flow.
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Raptor Pharmaceuticals Corp. (RPTP.OB) Looks to Be on the Move as Deal with Roche Takes Hold
When considering development stage biotechnology companies, one needs to be aware. There are companies that may appear to be in the backwaters, but then jump to the fore. This is just the nature of the biotechnology beast. Finding and catching the beast is the trick, and it holds no guarantee of success. Playing the game of finding the beast is a skill, but one that can be very profitable.
Raptor Pharmaceuticals Corp., a development stage biopharmaceuticals company, works to develop pre-clinical products through its proprietary delivery platform. The company is currently working with several products in the phase II and phase IIa pre-clinical development process.
Although the company is still in the phase II and IIa trial process, it does seem to have established a presence with several leading organizations. It has been working with the University of California, Santa Barbra, Brigham and Women’s Hospital Inc. and the University of Angers, France to establish the effectiveness of its pre-clinical products. Generally speaking, however, these products tend to, but are not limited to, nuro-functions. In all cases (with exception), each revolves about the company’s proprietary delivery systems. Currently, the company has 15 filed and provisional patents regarding its many areas of pre-clinical work.
The company’s work with delivery systems across the blood-train barrier (product NeuroTrans ™) has caught the attention of Roche Pharmaceuticals for further development. Applications could be many with Roche licensing worldwide rights for resulting products. The real result from this particular licensing, however, is that Raptor Pharmaceuticals now has a major pharmaceutical company with which to license and market future products. In a general sense, this is a major step in the evolution of a development stage biotechnology company. Raptor Pharmaceutical’s stock made a bit of a rise last Friday, but with its current position in place and a seemingly steady position, it does look to have legs and room to move some more.
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Raptor Pharmaceuticals Corp., a development stage biopharmaceuticals company, works to develop pre-clinical products through its proprietary delivery platform. The company is currently working with several products in the phase II and phase IIa pre-clinical development process.
Although the company is still in the phase II and IIa trial process, it does seem to have established a presence with several leading organizations. It has been working with the University of California, Santa Barbra, Brigham and Women’s Hospital Inc. and the University of Angers, France to establish the effectiveness of its pre-clinical products. Generally speaking, however, these products tend to, but are not limited to, nuro-functions. In all cases (with exception), each revolves about the company’s proprietary delivery systems. Currently, the company has 15 filed and provisional patents regarding its many areas of pre-clinical work.
The company’s work with delivery systems across the blood-train barrier (product NeuroTrans ™) has caught the attention of Roche Pharmaceuticals for further development. Applications could be many with Roche licensing worldwide rights for resulting products. The real result from this particular licensing, however, is that Raptor Pharmaceuticals now has a major pharmaceutical company with which to license and market future products. In a general sense, this is a major step in the evolution of a development stage biotechnology company. Raptor Pharmaceutical’s stock made a bit of a rise last Friday, but with its current position in place and a seemingly steady position, it does look to have legs and room to move some more.
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Sector 10, Inc. (SECI.OB) Continues To Grow International Team
Sector 10, Inc., the emergency response systems company focused on pre-deployment of life-saving resources for building occupants and emergency responders, has made a point of recruiting senior level people with national and international experience in emergency response and preparedness. The approach clearly represents a long-term strategy of building a strong link to key organizations and decision makers around the world, creating an unparalleled foundation for the company’s future growth.
Sector 10’s commitment to this policy was reflected by their recent announcement that Hugh Neville Cholmondeley, a form senior level UN official with 28 years of international experience in disaster preparation and relief, will join the company’s Business Advisory Board. He will also serve as advisor for Sector 10’s worldwide deployment of their Mobile Response Units (MRUs) for humanitarian and relief operations. MRUs are the company’s mobile emergency material supply stations that can be rushed to disaster sites to help save lives.
Mr. Cholmondeley is currently serving on the Humanitarian Accountability Partnership (HAP International) Certification and Accreditation Review Board. HAP International is the first international self-regulatory body for humanitarian aid, and is dedicated to establishing the highest standards of accountability and quality management.
Mr. Cholmondeley’s experience covers work with the U.N., national governments, private industry, public utilities, and various national and world agencies. He’s worked in the fields of communications, disaster management, and recovery in developing and war-torn countries. He also has extensive experience in mergers, acquisitions, mass media, and public policy.
Pericles DeAvila, Sector 10 founder and CEO, commented on Mr. Cholmondeley’s appointment, “The addition of Mr. Cholmondeley underscores our commitment to the ensuring that our new Humanitarian Program, built on our MRU platform, will ensure that it meets with the highest level of success.”
Mr. Cholmondeley spoke of the importance of Sector 10’s potential role in worldwide humanitarian efforts, “I look forward to being associated with your objectives for improved responses to current and future catastrophic events that result in humanitarian emergencies and untold suffering.”
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Sector 10’s commitment to this policy was reflected by their recent announcement that Hugh Neville Cholmondeley, a form senior level UN official with 28 years of international experience in disaster preparation and relief, will join the company’s Business Advisory Board. He will also serve as advisor for Sector 10’s worldwide deployment of their Mobile Response Units (MRUs) for humanitarian and relief operations. MRUs are the company’s mobile emergency material supply stations that can be rushed to disaster sites to help save lives.
Mr. Cholmondeley is currently serving on the Humanitarian Accountability Partnership (HAP International) Certification and Accreditation Review Board. HAP International is the first international self-regulatory body for humanitarian aid, and is dedicated to establishing the highest standards of accountability and quality management.
Mr. Cholmondeley’s experience covers work with the U.N., national governments, private industry, public utilities, and various national and world agencies. He’s worked in the fields of communications, disaster management, and recovery in developing and war-torn countries. He also has extensive experience in mergers, acquisitions, mass media, and public policy.
Pericles DeAvila, Sector 10 founder and CEO, commented on Mr. Cholmondeley’s appointment, “The addition of Mr. Cholmondeley underscores our commitment to the ensuring that our new Humanitarian Program, built on our MRU platform, will ensure that it meets with the highest level of success.”
Mr. Cholmondeley spoke of the importance of Sector 10’s potential role in worldwide humanitarian efforts, “I look forward to being associated with your objectives for improved responses to current and future catastrophic events that result in humanitarian emergencies and untold suffering.”
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China Auto Logistics, Inc. (CALG.OB) Receives Approval for Listing on the NASDAQ Capital Market
China Auto Logistics Inc., a Chinese importer of luxury automobiles, provider of one stop automobile logistics services and dealer financing, and operator of three of China’s leading automobile-related websites, announced this morning that the company’s common stock has been approved for listing on The NASDAQ Capital Market. According to the press release, the stock will commence trading at the open tomorrow with a new trading symbol: CALI.
Mr. Tong Shiping, CEO and President of the Company, commented, “We are extremely pleased to have received approval to list on NASDAQ for a variety of reasons. First, we believe NASDAQ is recognized worldwide as the leading exchange for young, growing companies. In turn, we believe this will greatly broaden our exposure to retail and institutional investors who also seek liquidity and the best execution and prices. Lastly, we believe it reflects well on our Company that we have been able to meet NASDAQ’s very stringent requirements with respect to financial strength and corporate governance and are very proud of this achievement.”
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Mr. Tong Shiping, CEO and President of the Company, commented, “We are extremely pleased to have received approval to list on NASDAQ for a variety of reasons. First, we believe NASDAQ is recognized worldwide as the leading exchange for young, growing companies. In turn, we believe this will greatly broaden our exposure to retail and institutional investors who also seek liquidity and the best execution and prices. Lastly, we believe it reflects well on our Company that we have been able to meet NASDAQ’s very stringent requirements with respect to financial strength and corporate governance and are very proud of this achievement.”
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Carbon Sciences Inc. (CABN.OB) Substantially Reduces CO2-to-Fuel Reaction Time
The process of making liquid fuel is a timely and costly venture, not to mention that it can be extremely detrimental to the environment. It requires many human hours, is extremely dangerous and requires several large tanks, pipes and reactors continuously mixing and intertwining with each other. The magnitude of this process is called scalability. To give you an idea of what this means, 1 cubic meter reactor can create 1 ton of CO2 per day from a medium sized, coal-fired power plant. Under present conditions, several thousands of these operate every day.
Living in a time where immediate changes are necessary to improve our resources for fuels, a major development has surfaced. Carbon Sciences Inc., a company dedicated to converting CO2 emissions into reusable liquid fuels, has taken an unprecedented leap forward in reducing the reaction time between CO2-to-Fuel from hours to minutes. In short, 1 cubic meter can now produce close to 10 tons of CO2 a day at the same plant. So instead of having 3,000 plants operating a day, creating 3,000 tons of CO2, we now can have 300 plants running and creating 3,000 tons of CO2. This huge production increase is found in the process itself.
CEO Byron Elton and CTO Dr. Naveed Aslam both agree that this breakthrough has the potential to completely change how fuel is produced on a global level. The sheer scale of this advancement can effectively generate 30% of the worlds’ liquid fuels. This could not have come at a better time. Carbon Sciences Inc. is now at the forefront of the fuel producing industry and it looks as though they will be for some time.
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Living in a time where immediate changes are necessary to improve our resources for fuels, a major development has surfaced. Carbon Sciences Inc., a company dedicated to converting CO2 emissions into reusable liquid fuels, has taken an unprecedented leap forward in reducing the reaction time between CO2-to-Fuel from hours to minutes. In short, 1 cubic meter can now produce close to 10 tons of CO2 a day at the same plant. So instead of having 3,000 plants operating a day, creating 3,000 tons of CO2, we now can have 300 plants running and creating 3,000 tons of CO2. This huge production increase is found in the process itself.
CEO Byron Elton and CTO Dr. Naveed Aslam both agree that this breakthrough has the potential to completely change how fuel is produced on a global level. The sheer scale of this advancement can effectively generate 30% of the worlds’ liquid fuels. This could not have come at a better time. Carbon Sciences Inc. is now at the forefront of the fuel producing industry and it looks as though they will be for some time.
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BWI Holdings Inc. (BWIH.OB) on Top of its Game – Secures Renewal of 5-Year, $2.5M Contract
BWI Holdings Inc. (BWIH.OB), operating as Budget Waste Inc., recently announced the renewal of its contract with the Town of Chestermere. Per the contract, BWI will provide weekly curbside refuse pickup services to about 5,000 homes for the next five years.
While a lot of companies are fighting Chapter 11 and announcing cutbacks, BWI seems to be holding its own. According to the press release, the contract measures up to about $500,000 per year, or $2.5 million in five years.
“We are extremely pleased to be of service to the Town of Chestermere and provide residential curbside pickup for the next five years,” Danny McEachren, vice president of External Operations of BWI stated in the release.
BWI offers its waste solutions to commercial, industrial, construction, home building, oilfield and residential clients throughout Western Canada.
Part of the company’s appeal is its broad range of services, as well as its competitive pricing and streamlined billing process.
Even in the middle of a recession, the company maintains its strategy of growth through acquisition, and continues to adapt to changing waste disposal regulations.
“With regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products, we see vast opportunities for expanding our distinctive services. We are confident that extraordinary growth and focus on customer needs will bring our stockholders outstanding value for the confidence they have placed in BWI,” the company states.
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While a lot of companies are fighting Chapter 11 and announcing cutbacks, BWI seems to be holding its own. According to the press release, the contract measures up to about $500,000 per year, or $2.5 million in five years.
“We are extremely pleased to be of service to the Town of Chestermere and provide residential curbside pickup for the next five years,” Danny McEachren, vice president of External Operations of BWI stated in the release.
BWI offers its waste solutions to commercial, industrial, construction, home building, oilfield and residential clients throughout Western Canada.
Part of the company’s appeal is its broad range of services, as well as its competitive pricing and streamlined billing process.
Even in the middle of a recession, the company maintains its strategy of growth through acquisition, and continues to adapt to changing waste disposal regulations.
“With regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products, we see vast opportunities for expanding our distinctive services. We are confident that extraordinary growth and focus on customer needs will bring our stockholders outstanding value for the confidence they have placed in BWI,” the company states.
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BioNeutral Group, Inc. (BONU.OB) Retains Chertoff Group as Strategic Advisors
BioNeutral Group, Inc., a chemical technology-based life science company focused on commercializing a combinational chemistry-based technology that neutralizes harmful environmental contaminants, toxins and dangerous micro-organisms, recently announced the company has retained the Chertoff Group to provide strategic advisory services.
Based in Washington, D.C. and led by former Secretary of Homeland Security Michael Chertoff, the Chertoff Group is a security and risk management advisory firm that counsels corporate and government clients addressing threats related to terrorism, fraud, cyber security, border protection and supply chain security. Under the terms of this agreement, the Chertoff Group will focus on making preliminary recommendations for BioNeutral’s proprietary chemical technology for potential use in commercial and government health, defense and bio security markets in the United States.
Stephen J. Browand, president and chief executive officer of BioNeutral Group, Inc., stated, “We are excited to engage former Secretary Chertoff and his firm to assist us in our endeavors; presenting our proprietary technology to the various markets including health, defense and bio security.” He continued, “It is a privilege to have such an elite group represent our company and we are confident that they will play a significant role in the successful strategic introduction of our life-saving technology.”
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Based in Washington, D.C. and led by former Secretary of Homeland Security Michael Chertoff, the Chertoff Group is a security and risk management advisory firm that counsels corporate and government clients addressing threats related to terrorism, fraud, cyber security, border protection and supply chain security. Under the terms of this agreement, the Chertoff Group will focus on making preliminary recommendations for BioNeutral’s proprietary chemical technology for potential use in commercial and government health, defense and bio security markets in the United States.
Stephen J. Browand, president and chief executive officer of BioNeutral Group, Inc., stated, “We are excited to engage former Secretary Chertoff and his firm to assist us in our endeavors; presenting our proprietary technology to the various markets including health, defense and bio security.” He continued, “It is a privilege to have such an elite group represent our company and we are confident that they will play a significant role in the successful strategic introduction of our life-saving technology.”
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SpongeTech® Delivery Systems, Inc. (SPNG.OB) Prepares for Nationwide Launch of SpongeBob SquarePants Bath Sponges for Kids
SpongeTech® Delivery Systems, Inc., the designer, producer and marketer of unique lines of reusable cleaning products for car care, child care, home care and pet care usages, recently announced that the company has partnered with Nickelodeon and Viacom Consumer Products to launch a line of SpongeBob SquarePants bath sponges for kids.
Since the original announcement of this partnership on October 29, 2008, SpongeTech® has established a strong marketing strategy for its line of children’s bath sponges. The company expects the initial shipments of SpongeBob SquarePants sponges to arrive at retail stores in the next 60 days and is currently accepting pre-orders online at www.spongetech.com. Due to high demand, there is a limit of 10 pre-ordered sponges per household. In addition to developing a SpongeBob SquarePants bath sponge, SpongeTech® is also creating a sponge for the Nickelodeon character Dora the Explorer.
SpongeTech’s® chief operating officer, Steven Moskowitz, stated, “The company has an unprecedented opportunity to leverage a truly iconic brand into a vast market opportunity.” He continued, “Management has worked hard with the company’s extensive sales force to maximize the market penetration of these new products in the short, intermediate, and long terms. In addition, the company has secured sufficient manufacturing capacity to meet the anticipated market demand, which could exceed several million units in the first six months. Furthermore, this new product line diversifies the business and its revenues from the seasonal volatility associated with our auto care products.”
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Since the original announcement of this partnership on October 29, 2008, SpongeTech® has established a strong marketing strategy for its line of children’s bath sponges. The company expects the initial shipments of SpongeBob SquarePants sponges to arrive at retail stores in the next 60 days and is currently accepting pre-orders online at www.spongetech.com. Due to high demand, there is a limit of 10 pre-ordered sponges per household. In addition to developing a SpongeBob SquarePants bath sponge, SpongeTech® is also creating a sponge for the Nickelodeon character Dora the Explorer.
SpongeTech’s® chief operating officer, Steven Moskowitz, stated, “The company has an unprecedented opportunity to leverage a truly iconic brand into a vast market opportunity.” He continued, “Management has worked hard with the company’s extensive sales force to maximize the market penetration of these new products in the short, intermediate, and long terms. In addition, the company has secured sufficient manufacturing capacity to meet the anticipated market demand, which could exceed several million units in the first six months. Furthermore, this new product line diversifies the business and its revenues from the seasonal volatility associated with our auto care products.”
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Suspect Detection Systems Inc. (SDSS.OB) Announces Sale of Cogito Interrogation Technology to African Private Diamond Enterprise
Suspect Detection Systems Inc., a leading developer of counter-terror and crime prevention technology, announced this morning that it has sold a Cogito automated interrogation system to a commercial Diamond Mining Enterprise operating in Africa. The system will be used to screen for employees who may be involved in diamond theft.
To date, the system has been sold to multiple federal law enforcement and military agencies across the world. Cogito has also been purchased by human resource companies and other private enterprises involved in the acquisition, sale and distribution of valuable commodities. According to the press release, the announced sale is the second to a private enterprise in the past two months.
“Diamond theft is a major issue in the diamond mining industry, leaving a sizeable mark on companies’ profit and loss sheets,” said Suspect Detection Systems Ltd. CEO Shabtai Shoval. “Based on the dialogue we had with our customer, we were able to customize the Cogito system to identify the threat of internal diamond theft. The ability to detect employees involved in criminal activity can lead to a reduction in theft, and acts as a deterrent against future criminal activity.”
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To date, the system has been sold to multiple federal law enforcement and military agencies across the world. Cogito has also been purchased by human resource companies and other private enterprises involved in the acquisition, sale and distribution of valuable commodities. According to the press release, the announced sale is the second to a private enterprise in the past two months.
“Diamond theft is a major issue in the diamond mining industry, leaving a sizeable mark on companies’ profit and loss sheets,” said Suspect Detection Systems Ltd. CEO Shabtai Shoval. “Based on the dialogue we had with our customer, we were able to customize the Cogito system to identify the threat of internal diamond theft. The ability to detect employees involved in criminal activity can lead to a reduction in theft, and acts as a deterrent against future criminal activity.”
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Sector 10, Inc. (SECI.OB) to Help Meet Challenges of the New 2009/2010 Fire Codes and Regulations
Sector 10 Inc., the only emergency response systems company so strongly emphasizing pre-deployed resources as the way to save lives, avert injuries, and reduce liability, announced today that it has already received inquiries from major corporations around the world for its solutions as well as proposals for strategic alliances.
Regulatory Agency Requirements for 2009/2010 helped by Sector 10’s technologies include:
* Uniform Fire Code
* International Fire Code
* OSHA (Occupational Safety and Health Administration)
Sector 10, Inc. CEO, Pericles DeAvila, stated, “The new fire codes and life safety standards are no surprise. A multibillion dollar industry in post-disaster recovery was created since 9/11 when preventative measures should have been the focus. Since inception, Sector 10 has been strongly emphasizing pre-deployed resources as the way to address the needs of the affected with PRE-DISASTER planning and PRE-DEPLOYED SOLUTIONS.”
Businesses that have been affected by a catastrophic incident causing the loss of life or injured personnel understand what a profound effect the loss of key personnel can have on a corporation’s ability to continue. Coupled with the cost of recovery, liability exposures and revenue losses can be daunting. Millions of dollars are spent each year on underwriting approaches to hedge these risks. Sector 10’s solutions coupled with the PLX-3D technology were designed to save lives and help companies meet the new regulations, reducing liabilities and risks while saving lives.
DeAvila also sated, “The new codes and standards are a clear departure from old paradigms and a welcome sight as we have been positioning ourselves to become the leader in this new emerging market. I believe this to be the next billion dollar opportunity.”
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Regulatory Agency Requirements for 2009/2010 helped by Sector 10’s technologies include:
* Uniform Fire Code
* International Fire Code
* OSHA (Occupational Safety and Health Administration)
Sector 10, Inc. CEO, Pericles DeAvila, stated, “The new fire codes and life safety standards are no surprise. A multibillion dollar industry in post-disaster recovery was created since 9/11 when preventative measures should have been the focus. Since inception, Sector 10 has been strongly emphasizing pre-deployed resources as the way to address the needs of the affected with PRE-DISASTER planning and PRE-DEPLOYED SOLUTIONS.”
Businesses that have been affected by a catastrophic incident causing the loss of life or injured personnel understand what a profound effect the loss of key personnel can have on a corporation’s ability to continue. Coupled with the cost of recovery, liability exposures and revenue losses can be daunting. Millions of dollars are spent each year on underwriting approaches to hedge these risks. Sector 10’s solutions coupled with the PLX-3D technology were designed to save lives and help companies meet the new regulations, reducing liabilities and risks while saving lives.
DeAvila also sated, “The new codes and standards are a clear departure from old paradigms and a welcome sight as we have been positioning ourselves to become the leader in this new emerging market. I believe this to be the next billion dollar opportunity.”
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Friday, June 26, 2009
Kraig Biocraft Laboratories, Inc. (KBLB.OB) Has Significant Addition to the Research Team
Kraig Biocraft Laboratories Inc. is an emerging biotech company with a strong intellectual property portfolio relating to the genetic modification of silkworms to produce spider silk. The company believes that spider silk is a “super fiber” that will have numerous commercial and consumer applications. With spider silk as a base, the company hopes to tap into the $92 billion market for high performance and technical fibers.
Kraig Biocraft announced several months ago that genetic engineer Dr. Bong-Hee Sohn joined the research and development team to develop new high performance polymers using spider silk gene sequences. Dr. Sohn is another major addition to the research team at the company.
Dr. Sohn received her PhD from Kyung-Hee University in South Korea. Her extensive research background includes work in research labs in Japan and South Korea. One of her areas of specialty in genetic engineering is the development of novel methods for transgenic silkworm production.
Kraig Biocraft’s CEO Kim Thompson said that “Dr. Sohn has already made a significant impact on the pace and direction of our development program. This is a very exciting time for the company and for the research laboratory.”
Ms. Thompson went on “The University of Notre Dame hired Dr. Sohn to work on specific applications of genetic engineering in silkworms for polymer development and protein expression platform technologies, which are the company’s major area of focus. The company is now fully on target for significantly accelerating the pace of its R & D.”
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Kraig Biocraft announced several months ago that genetic engineer Dr. Bong-Hee Sohn joined the research and development team to develop new high performance polymers using spider silk gene sequences. Dr. Sohn is another major addition to the research team at the company.
Dr. Sohn received her PhD from Kyung-Hee University in South Korea. Her extensive research background includes work in research labs in Japan and South Korea. One of her areas of specialty in genetic engineering is the development of novel methods for transgenic silkworm production.
Kraig Biocraft’s CEO Kim Thompson said that “Dr. Sohn has already made a significant impact on the pace and direction of our development program. This is a very exciting time for the company and for the research laboratory.”
Ms. Thompson went on “The University of Notre Dame hired Dr. Sohn to work on specific applications of genetic engineering in silkworms for polymer development and protein expression platform technologies, which are the company’s major area of focus. The company is now fully on target for significantly accelerating the pace of its R & D.”
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Consorteum Holdings, Inc. (CSRH.OB) Offers Unique Payment Solutions
Consorteum Holdings, Inc., an innovative payment solution provider, uses a range of technologies to allow the convenient transfer of value to customers and employees. Their services include:
• Payroll Cards – Each pay period, funds are automatically deposited to the employee’s card account, providing them with immediate access to their payroll funds no matter where they are located. Cardholders can use their cards to obtain cash and pay for purchases as they would with any cash card. It’s an ideal solution for temp workers, students, and remote employees.
• Re-loadable Prepaid Cards – Many retailers prefer re-loadable cards as a convenient way for their repeat customers to pay for products, while encouraging brand loyalty. The cards can be reloaded at selected retail locations, online, or even at a bank.
• Non Re-loadable Gift Cards – These cards are especially popular for retail chains. They have a preset value, and are designed for one-time use. They can be used at any merchant accepting major gift cards.
• Prepaid Benefit Cards – These enable local, state, and federal government agencies to deposit social assistance payments directly onto a prepaid card instead of issuing large numbers of manual checks. Healthcare cards can be loaded with a monetary value by healthcare benefit suppliers. The cards give their clients increased control over their own benefit expenses.
• Rebate Cards – Similar to non-reloadable gift cards, these cards are issued to mail-in rebate recipients, allowing them to use rebate monies at almost any retail location.
• Loyalty Cards – These establish a strong relationship between consumer and provider, and can be customized to specific industries and merchants. The card identifies the consumer, and lets them redeem points for pre-selected awards. The provider can also track the activity of consumer spending habits and redemption activity.
In addition to cards, Consorteum has established relationships with several large card processors, allowing reduced merchant discount rates; the fees charged to a merchant in order to accept payment from any of the major credit card companies.
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• Payroll Cards – Each pay period, funds are automatically deposited to the employee’s card account, providing them with immediate access to their payroll funds no matter where they are located. Cardholders can use their cards to obtain cash and pay for purchases as they would with any cash card. It’s an ideal solution for temp workers, students, and remote employees.
• Re-loadable Prepaid Cards – Many retailers prefer re-loadable cards as a convenient way for their repeat customers to pay for products, while encouraging brand loyalty. The cards can be reloaded at selected retail locations, online, or even at a bank.
• Non Re-loadable Gift Cards – These cards are especially popular for retail chains. They have a preset value, and are designed for one-time use. They can be used at any merchant accepting major gift cards.
• Prepaid Benefit Cards – These enable local, state, and federal government agencies to deposit social assistance payments directly onto a prepaid card instead of issuing large numbers of manual checks. Healthcare cards can be loaded with a monetary value by healthcare benefit suppliers. The cards give their clients increased control over their own benefit expenses.
• Rebate Cards – Similar to non-reloadable gift cards, these cards are issued to mail-in rebate recipients, allowing them to use rebate monies at almost any retail location.
• Loyalty Cards – These establish a strong relationship between consumer and provider, and can be customized to specific industries and merchants. The card identifies the consumer, and lets them redeem points for pre-selected awards. The provider can also track the activity of consumer spending habits and redemption activity.
In addition to cards, Consorteum has established relationships with several large card processors, allowing reduced merchant discount rates; the fees charged to a merchant in order to accept payment from any of the major credit card companies.
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Suspect Detection Systems, Inc. (SDSS.OB) Tests the Limits of the Reasonable
Suspect Detection Systems Inc. is involved in developing innovative, advanced homeland security, military intelligence and law enforcement technologies. The company’s technologies are based on extensive intelligence and counter-terrorism expertise accumulated in Israel and elsewhere.
Suspect Detection Systems’ technology utilizes the principles of a polygraph, but it is vastly different. The company’s technology is not intended to catch someone in a lie, but is intended to detect fear – the fear of being caught. Terrorists have the fear of being caught before they can complete their “mission”.
Against what does Suspect Detection calibrate the fear of being caught? One of the company’s critical assets is a collection of words in dozens of languages that trigger a different response in a suspect linked to terrorism, compared with the response of a person with no link to terrorism. The company has built up a database from thousands of people from various cultures and who speak many different languages which show what the response of regular people to select words would be as compared to the response of terrorists.
An example of such words include the word “briefing” - a person about to carry out a terrorists attack usually undergoes a briefing. Another such word is Semtek, an explosive that few people, except terrorists, would know anything about.
Suspect Detection’s system is built differently than a polygraph. Instead of attaching electrodes, skin conductivity is tested through the palm of the hand. The interviewee places his or her hand on the machine, and with the other hand selects the language for the questions. The interviewee is shown a range of words, including the suspect words, and his or her response to them is then measured. The test takes only three minutes.
The company’s system looks for two gaps. One is the difference between the interviewee’s response to special words and the reasonable response to these words. The other is the difference between the interviewee’s response to suspicious words and the response to ordinary words.
The US Department of Homeland Security has recently began trials of this technology at certain select US airports.
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Suspect Detection Systems’ technology utilizes the principles of a polygraph, but it is vastly different. The company’s technology is not intended to catch someone in a lie, but is intended to detect fear – the fear of being caught. Terrorists have the fear of being caught before they can complete their “mission”.
Against what does Suspect Detection calibrate the fear of being caught? One of the company’s critical assets is a collection of words in dozens of languages that trigger a different response in a suspect linked to terrorism, compared with the response of a person with no link to terrorism. The company has built up a database from thousands of people from various cultures and who speak many different languages which show what the response of regular people to select words would be as compared to the response of terrorists.
An example of such words include the word “briefing” - a person about to carry out a terrorists attack usually undergoes a briefing. Another such word is Semtek, an explosive that few people, except terrorists, would know anything about.
Suspect Detection’s system is built differently than a polygraph. Instead of attaching electrodes, skin conductivity is tested through the palm of the hand. The interviewee places his or her hand on the machine, and with the other hand selects the language for the questions. The interviewee is shown a range of words, including the suspect words, and his or her response to them is then measured. The test takes only three minutes.
The company’s system looks for two gaps. One is the difference between the interviewee’s response to special words and the reasonable response to these words. The other is the difference between the interviewee’s response to suspicious words and the response to ordinary words.
The US Department of Homeland Security has recently began trials of this technology at certain select US airports.
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Thursday, June 25, 2009
MWW Automotive Group (MWWC.OB) Enters into Distribution Contract with “ABT Sportsline GmbH” for Worldwide Distribution
MWW Automotive Group (MWWC.OB), a full-service global design, engineering and manufacturing firm providing customized accessories for leading international vehicle manufacturers, recently announced that the company’s wholly owned subsidiary, Modelworxx GmbH, in Munich, Germany has entered into an agreement with ABT Sportsline GmbH for worldwide distribution of its Volkswagen and Audi products.
Modelworxx has developed and is manufacturing a diverse line of innovative high-tech running boards for a variety of automobiles, including Audi, KIA, Mercedes, Mitsubishi, Opel, Toyota and Volkswagen. As a leading supplier of customized OE accessories for the global automotive industry, ABT Sportsline GmbH is one of the world’s largest distributors of Volkswagen accessories and performance tuning of Volkswagen vehicles. Under the terms of the agreement, ABT Sportsline will carry the entire Modelworxx product line and also select U.S. -designed and manufactured products for worldwide distribution.
Gerold Haas, chief executive officer of Modelworxx, stated, “We are happy to have formed this agreement for the worldwide distribution of our products through such an established and credible company as ABT. He continued, “In addition to the first products we are currently making available to ABT, we have already developed running boards for the Audi Q7, Hyundai Tucson, KIA Sorento, Opel Antara, Nissan Qashqai, Toyota Rav4 and Volkswagen Tuareg and Tiguan, with additional boards for the Audi Q5 and Mercedes GL to follow soon. All products will be made available through ABT for worldwide distribution. We are looking forward to a mutually beneficial and long-lasting business relationship.”
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Modelworxx has developed and is manufacturing a diverse line of innovative high-tech running boards for a variety of automobiles, including Audi, KIA, Mercedes, Mitsubishi, Opel, Toyota and Volkswagen. As a leading supplier of customized OE accessories for the global automotive industry, ABT Sportsline GmbH is one of the world’s largest distributors of Volkswagen accessories and performance tuning of Volkswagen vehicles. Under the terms of the agreement, ABT Sportsline will carry the entire Modelworxx product line and also select U.S. -designed and manufactured products for worldwide distribution.
Gerold Haas, chief executive officer of Modelworxx, stated, “We are happy to have formed this agreement for the worldwide distribution of our products through such an established and credible company as ABT. He continued, “In addition to the first products we are currently making available to ABT, we have already developed running boards for the Audi Q7, Hyundai Tucson, KIA Sorento, Opel Antara, Nissan Qashqai, Toyota Rav4 and Volkswagen Tuareg and Tiguan, with additional boards for the Audi Q5 and Mercedes GL to follow soon. All products will be made available through ABT for worldwide distribution. We are looking forward to a mutually beneficial and long-lasting business relationship.”
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Industrial Services of America Inc. (IDSA) Finds Profit in a Slow Waste Management Services Market
Most savvy investors understand that trying to pick a bottom, especially a particularly poor market, is no way to invest. At some point, however, the investor will recognize that there are certain segments of the market that are always going to be a need. Finding these needs and picking those that one feels might be a bargain is the key. In past posts a longer term view has been suggested. Now may be the time to find the real bargains as this time may be quickly running out.
Industrial Services of America Inc., a logistics management services company, offers products and services primarily directed to the recycling and waste industries. The company offers its services in Canada, the United States and Mexico.
From a general perspective, the company is full service in nature, vertically integrated to offer all aspects of waste removal and recycling. These services may include consulting services, supply and sale of required compaction equipment, third party contracting and management and recycling of materials with emphasis on metals. In this last regard, the company tends to focus on ferrous and nonferrous steel products for resell to mini-mills. To accomplish its ends the company works through four segments: ISA Recycling, Alloy’s, Computerized Waste Systems and Waste Equipment Sales. All work separately but are considered as the whole.
Although the company experienced a first quarter decline in net revenue, it still remained profitable. Net income fell from just over $1 million to approximately $650, 000. Given the current conditions of the economy, this result is fairly respectable with most of the decline being attributed to the collapse of consumer spending and the reduced demand of recycled raw materials.
Generally speaking, the company has approached this aspect of current economic conditions as one might think. It has slashed costs but is fully aware that it is operating in a position of strength as these same economic conditions improve. Although the opportunity may have past to maximize long-term profits, there does appear time to capitalize of the very likely gains that Industrial Services of America will reap in the not too distant future.
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Industrial Services of America Inc., a logistics management services company, offers products and services primarily directed to the recycling and waste industries. The company offers its services in Canada, the United States and Mexico.
From a general perspective, the company is full service in nature, vertically integrated to offer all aspects of waste removal and recycling. These services may include consulting services, supply and sale of required compaction equipment, third party contracting and management and recycling of materials with emphasis on metals. In this last regard, the company tends to focus on ferrous and nonferrous steel products for resell to mini-mills. To accomplish its ends the company works through four segments: ISA Recycling, Alloy’s, Computerized Waste Systems and Waste Equipment Sales. All work separately but are considered as the whole.
Although the company experienced a first quarter decline in net revenue, it still remained profitable. Net income fell from just over $1 million to approximately $650, 000. Given the current conditions of the economy, this result is fairly respectable with most of the decline being attributed to the collapse of consumer spending and the reduced demand of recycled raw materials.
Generally speaking, the company has approached this aspect of current economic conditions as one might think. It has slashed costs but is fully aware that it is operating in a position of strength as these same economic conditions improve. Although the opportunity may have past to maximize long-term profits, there does appear time to capitalize of the very likely gains that Industrial Services of America will reap in the not too distant future.
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Avalon Oil & Gas, Inc. (AOGN.OB) Lines Up Strong Advisory Board
Avalon Oil & Gas, Inc., an independent investment company engaged in the acquisition of oil and gas producing properties, is fortunate to have one of the strongest advisory boards in the industry. Each member brings a commanding combination of education and experience, providing Avalon with strong guidance and support in its ongoing investments.
• William D. Anderson – provides ongoing counsel to Avalon’s senior management and its board of directors. He is a seasoned veteran, with 28 years of technical and financial experience, including business development, planning, and management in the oil and gas industry. He currently heads an oil and gas consulting business, and has held senior level positions in the industry, including Exxon. He holds an M.E. in Petroleum Engineering from Tulane, and M.S. in Engineering Mechanics from Columbia.
• Glen P. Harrod – is a senior working manager in the oil and gas industry, bringing over 15 years of experience in the processing and marketing of crude oil and natural gas. He is currently Manager of Business Development for National Fuel Marketing Co. He has an MBA in Finance from the University of Houston, and a B.S. in Mechanical Engineering from Tulane.
• John Rhodes – has 26 years of prospect development and operations experience, including international work as a Senior Geophysicist for Mobile Oil, and as Vice President at DeGolyer & MacNaughton. He is currently the managing partner of several small oil and gas partnerships. He has an M.S. in Geophysics from Pennsylvania State University.
• Mark Oliver – has 25 years of oilfield operation experience, including extensive work with Marathon/TXO. He is currently the head of KROG Partners, focused on oil and gas well acquisition and development.
• Billy D. Graham – has 34 years of oilfield service business operations experience. He established the Gramco, Inc., oilfield service company in 1986, providing construction and operations services to a wide range of large and small oil companies.
• Gary Browning – has 30 years of oil and gas industry experience, covering all aspects of the energy sector, including power plants, pipelines, exploration, and refining, both nationally and internationally.
• Menno Wiebe – has 36 years of energy experience, and advises Avalon on Latin American petroleum development projects. He was most recently Vice President of Exploration for Solana Petroleum Exploration in Columbia.
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• William D. Anderson – provides ongoing counsel to Avalon’s senior management and its board of directors. He is a seasoned veteran, with 28 years of technical and financial experience, including business development, planning, and management in the oil and gas industry. He currently heads an oil and gas consulting business, and has held senior level positions in the industry, including Exxon. He holds an M.E. in Petroleum Engineering from Tulane, and M.S. in Engineering Mechanics from Columbia.
• Glen P. Harrod – is a senior working manager in the oil and gas industry, bringing over 15 years of experience in the processing and marketing of crude oil and natural gas. He is currently Manager of Business Development for National Fuel Marketing Co. He has an MBA in Finance from the University of Houston, and a B.S. in Mechanical Engineering from Tulane.
• John Rhodes – has 26 years of prospect development and operations experience, including international work as a Senior Geophysicist for Mobile Oil, and as Vice President at DeGolyer & MacNaughton. He is currently the managing partner of several small oil and gas partnerships. He has an M.S. in Geophysics from Pennsylvania State University.
• Mark Oliver – has 25 years of oilfield operation experience, including extensive work with Marathon/TXO. He is currently the head of KROG Partners, focused on oil and gas well acquisition and development.
• Billy D. Graham – has 34 years of oilfield service business operations experience. He established the Gramco, Inc., oilfield service company in 1986, providing construction and operations services to a wide range of large and small oil companies.
• Gary Browning – has 30 years of oil and gas industry experience, covering all aspects of the energy sector, including power plants, pipelines, exploration, and refining, both nationally and internationally.
• Menno Wiebe – has 36 years of energy experience, and advises Avalon on Latin American petroleum development projects. He was most recently Vice President of Exploration for Solana Petroleum Exploration in Columbia.
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Wednesday, June 24, 2009
Axial Vector Energy Corp. (AXVC.PK) To Host Technology Open House
Axial Vector Energy Corp. extended an open invitation to all AVEC shareholders, engine manufacturers, environmental groups, and state and local officials to their Open House Technology Presentation on July 14, 2009.
AVEC’s open house, designed to demonstrate the potential for enormous energy savings, will showcase new breakthrough technology, including the world’s first engine capable of running on both “Palm Oil” and electric motors that are capable of 98% efficiency. Both engines will be demonstrated at the event. The event also aims to augment the initiatives of the Obama Administration in its endeavors toward saving energy, and “A Smarter and Greener Planet”.
The Open House Technology Presentation will run from 10 AM to 6 PM, and will take place at EngineTec, Inc., 1397 Taylor Farm Road Virginia Beach, VA 23453. A lunch menu and light refreshments will also be provided. Attendees can RSVP with names and contact details via email to: mitzelle@axialvectorenergy.com or ngnunez@axialvectorenergy.com
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AVEC’s open house, designed to demonstrate the potential for enormous energy savings, will showcase new breakthrough technology, including the world’s first engine capable of running on both “Palm Oil” and electric motors that are capable of 98% efficiency. Both engines will be demonstrated at the event. The event also aims to augment the initiatives of the Obama Administration in its endeavors toward saving energy, and “A Smarter and Greener Planet”.
The Open House Technology Presentation will run from 10 AM to 6 PM, and will take place at EngineTec, Inc., 1397 Taylor Farm Road Virginia Beach, VA 23453. A lunch menu and light refreshments will also be provided. Attendees can RSVP with names and contact details via email to: mitzelle@axialvectorenergy.com or ngnunez@axialvectorenergy.com
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IC Places, Inc. (ICPA.OB) Opens New Revenue Stream, Adding 39,000 US Theaters, Show Times and Movie Tickets Sales to Its Websites
IC Places, Inc. (ICPA.OB), the owner and operator of 350 U.S. city websites at www.icPlaces.com which offer a virtual keyhole view of life in each community, recently announced that the company has partnered with CinemaSource to offer show time information and movie tickets on its websites. In 2008, movie ticket sales climbed to $9.6 billion in the U.S. and Canada and to $26.7 billion globally, both generating 5 percent increases, according to a recent LA Times article.
Under the terms of the agreement, CinemaSource will provide IC Places with theater and show time information for 39,000 U.S. theaters, and will also supply statistics for the highest weekly grossing films and other box office features, including an in-depth movie guide featuring past, current and future releases, plot synopses, trailers, photos, release dates and cast lists. IC Places’ site visitors will be able to purchase movie tickets quickly and seamlessly online and via the company’s upcoming wireless application.
Steven Samblis, president of IC Places, recently stated, “It’s a perfect time for IC Places to enter the online movie ticket business. Our Instant Movie Review, 1st Look Series and Instant DVD Review shows are experiencing millions of views each month online and on TV.” He concluded, “This agreement allows us to capitalize on these views and convert a percent into ticket sales thus opening up an entirely new revenue stream for IC Places.”
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Under the terms of the agreement, CinemaSource will provide IC Places with theater and show time information for 39,000 U.S. theaters, and will also supply statistics for the highest weekly grossing films and other box office features, including an in-depth movie guide featuring past, current and future releases, plot synopses, trailers, photos, release dates and cast lists. IC Places’ site visitors will be able to purchase movie tickets quickly and seamlessly online and via the company’s upcoming wireless application.
Steven Samblis, president of IC Places, recently stated, “It’s a perfect time for IC Places to enter the online movie ticket business. Our Instant Movie Review, 1st Look Series and Instant DVD Review shows are experiencing millions of views each month online and on TV.” He concluded, “This agreement allows us to capitalize on these views and convert a percent into ticket sales thus opening up an entirely new revenue stream for IC Places.”
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Consorteum Holdings Inc. (CSRH.OB) Led by a Strong Management Team
Consorteum Holdings Inc. (OTCBB: CSRH) is a company in the financial services, payment and transaction processing industries. The company provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector firms.
Consorteum’s management and consulting team brings over 70 years of experience in the financial services, payment and transaction processing industry. Here is the team:
Craig Fielding, CEO and director – In January 2006, Mr. Fielding co-founded Consorteum. He brings over 19 years of business management experience including 11 years with Xerox in a number of sales roles. Mr. Fielding has also successfully developed consulting businesses, sat on the management team at Soft Tracks Enterprises, and has played a management role as part of the start-up team at Mint Technology Corp.
Quent Rickerby, COO, president and director – Mr. Rickerby co-founded Consorteum in January 2006. Having owned and operated two prior businesses, Mr. Rickerby brings over 20 years of experience in areas including business management, new company start-up, payment and transaction processing, project management, wireless telecom,etc. He was also part of the start-up team for the launch of Clearnet Wireless in western Canada.
James D. Beatty, chairman and director – Mr. Beatty has over 40 years of experience in the investment industry and has, for the last 30-plus years, focused on the financing and development of small and medium sized enterprises totaling approximately $1.6 billion. He has sat on more than 30 public company boards in Canada and the US and currently chairs three public company boards.
Jim M. Henry, vice-president of new business development – Mr. Henry has 25-plus years of expertise in business development, product development, sales and marketing. He has direct experience in the transaction processing business with TDSi, SNS, BCE Emergis and over 25 years of business experience in multiple related areas. Within the last five years, Mr. Henry has assisted in the start-up of a number of businesses in the merchant services area of the financial sector.
Caitlin Snyder, director of project management – Ms. Snyder brings over 20 years of experience in the prepaid credit card, mobile payment, software development, and new media industries. With over 10 years of start-up experience, she has extensive knowledge and practice in project and program management, systems integration, national account management, client relations and product development. Most recently, Ms. Snyder managed the successful deployment and implementation of over a dozen open loop prepaid card programs.
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Consorteum’s management and consulting team brings over 70 years of experience in the financial services, payment and transaction processing industry. Here is the team:
Craig Fielding, CEO and director – In January 2006, Mr. Fielding co-founded Consorteum. He brings over 19 years of business management experience including 11 years with Xerox in a number of sales roles. Mr. Fielding has also successfully developed consulting businesses, sat on the management team at Soft Tracks Enterprises, and has played a management role as part of the start-up team at Mint Technology Corp.
Quent Rickerby, COO, president and director – Mr. Rickerby co-founded Consorteum in January 2006. Having owned and operated two prior businesses, Mr. Rickerby brings over 20 years of experience in areas including business management, new company start-up, payment and transaction processing, project management, wireless telecom,etc. He was also part of the start-up team for the launch of Clearnet Wireless in western Canada.
James D. Beatty, chairman and director – Mr. Beatty has over 40 years of experience in the investment industry and has, for the last 30-plus years, focused on the financing and development of small and medium sized enterprises totaling approximately $1.6 billion. He has sat on more than 30 public company boards in Canada and the US and currently chairs three public company boards.
Jim M. Henry, vice-president of new business development – Mr. Henry has 25-plus years of expertise in business development, product development, sales and marketing. He has direct experience in the transaction processing business with TDSi, SNS, BCE Emergis and over 25 years of business experience in multiple related areas. Within the last five years, Mr. Henry has assisted in the start-up of a number of businesses in the merchant services area of the financial sector.
Caitlin Snyder, director of project management – Ms. Snyder brings over 20 years of experience in the prepaid credit card, mobile payment, software development, and new media industries. With over 10 years of start-up experience, she has extensive knowledge and practice in project and program management, systems integration, national account management, client relations and product development. Most recently, Ms. Snyder managed the successful deployment and implementation of over a dozen open loop prepaid card programs.
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Savoy Energy Corp. (SNVP.OB) Inks LOI to Create JV for Oil Exploration
Savoy Energy Corporation announced earlier today that it has signed a Letter of Intent (LOI) with Masi Corp Holdings Limited to create a Joint Venture (JV) in Fiji. The joint venture/partnership would be designed to license properties in Fiji for Oil Exploration and drilling rights.
According to the press release, the Pacific Islands Applied Geoscience Commission’s report “Fiji Petroleum Data Package” states: “Over twenty structural reefal traps have been identified on the seismic lines in the Late Miocene and Pliocene sequences, mostly in Bligh Water Basin. Estimates of potential un-risked recoverable reserves are 270 million barrels of oil (mmbo) per structure. If structural-stratigraphic trapping occurs, recoverable reserves could increase to over 1 billion barrels of oil per structure.”
“Our research has shown the island of Fiji and its structural reefal traps has a tremendous amount of oil reserves, and we’re hoping to work closely with Masi Corp in an effort to harvest those reserves in the most efficient, profitable, and responsible way possible,” commented Art Bertagnolli, CEO of Savoy Energy Corporation.
Fiji forms part of the Southwest Pacific island arc system, which marks the boundary between the Indo-Australia and Pacific plates. The Bligh Water Basin and Bau Waters Basin both possess excellent potential for hydrocarbons. Fiji lies on the same regional play trend of Miocene reefs, which produce oil in Irian Jaya, Indonesia and gas/condensate in offshore Papua New Guinea. Fiji’s basins have many similarities with the oil and gas producing, arc-related basins of Southeast Asia. An oil seep in Bligh Water Basin and oil and gas shows in wells provide evidence that hydrocarbons have been generated in the basins.
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According to the press release, the Pacific Islands Applied Geoscience Commission’s report “Fiji Petroleum Data Package” states: “Over twenty structural reefal traps have been identified on the seismic lines in the Late Miocene and Pliocene sequences, mostly in Bligh Water Basin. Estimates of potential un-risked recoverable reserves are 270 million barrels of oil (mmbo) per structure. If structural-stratigraphic trapping occurs, recoverable reserves could increase to over 1 billion barrels of oil per structure.”
“Our research has shown the island of Fiji and its structural reefal traps has a tremendous amount of oil reserves, and we’re hoping to work closely with Masi Corp in an effort to harvest those reserves in the most efficient, profitable, and responsible way possible,” commented Art Bertagnolli, CEO of Savoy Energy Corporation.
Fiji forms part of the Southwest Pacific island arc system, which marks the boundary between the Indo-Australia and Pacific plates. The Bligh Water Basin and Bau Waters Basin both possess excellent potential for hydrocarbons. Fiji lies on the same regional play trend of Miocene reefs, which produce oil in Irian Jaya, Indonesia and gas/condensate in offshore Papua New Guinea. Fiji’s basins have many similarities with the oil and gas producing, arc-related basins of Southeast Asia. An oil seep in Bligh Water Basin and oil and gas shows in wells provide evidence that hydrocarbons have been generated in the basins.
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
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Suspect Detection Systems Inc. (SDSS.OB) Announces Completion of 2-Year R&D for Cogito4M Military Grade Rapid Interrogation Technology
Suspect Detection Systems Inc., a leading developer of counter-terror and crime prevention technology, announced earlier this week that its Cogito4M Military Grade Technology has successfully completed a two-year research and development project. The system was developed through the accumulation of defense field experience in Israel.
Cogito4M enables military and homeland security organizations to interrogate terror suspects while operating in precarious field conditions. The system has been designed to resolve one of the challenges of today’s modern war - specifically the accurate detection and capture of terrorists hiding among civilians.
According to the press release, the automated interrogation system can be operated by a single soldier with very basic computer training and without knowledge of interrogation techniques or local languages. Currently, Cogito4M is programmed to communicate through English, Spanish, Afghani, Iraqi, Hindi, and Arabic languages and is encoded with algorithm data relevant local terrorists’ cultural knowledge bases.
“As we see from events in Iraq and Afghanistan, militaries fighting in modern combat zones require multilingual tools for the rapid field interrogation of terrorists and enemy forces using civilian shelter,” stated Suspect Detection Systems Ltd. CEO Shabtai Shoval. “The Cogito4M rapid interrogation tool can collect vital tactical intelligence vis-a-vis possible ambushes, mines or other potential threats.”
“The SDS management team is utilizing extensive security and military combat experience in Israel to counter terrorists’ knowledge and behavior patterns. We are leveraging this expertise to create state-of the-art military grade interrogation technology that aids the war on terror and saves lives,” Shoval added.
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Cogito4M enables military and homeland security organizations to interrogate terror suspects while operating in precarious field conditions. The system has been designed to resolve one of the challenges of today’s modern war - specifically the accurate detection and capture of terrorists hiding among civilians.
According to the press release, the automated interrogation system can be operated by a single soldier with very basic computer training and without knowledge of interrogation techniques or local languages. Currently, Cogito4M is programmed to communicate through English, Spanish, Afghani, Iraqi, Hindi, and Arabic languages and is encoded with algorithm data relevant local terrorists’ cultural knowledge bases.
“As we see from events in Iraq and Afghanistan, militaries fighting in modern combat zones require multilingual tools for the rapid field interrogation of terrorists and enemy forces using civilian shelter,” stated Suspect Detection Systems Ltd. CEO Shabtai Shoval. “The Cogito4M rapid interrogation tool can collect vital tactical intelligence vis-a-vis possible ambushes, mines or other potential threats.”
“The SDS management team is utilizing extensive security and military combat experience in Israel to counter terrorists’ knowledge and behavior patterns. We are leveraging this expertise to create state-of the-art military grade interrogation technology that aids the war on terror and saves lives,” Shoval added.
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QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
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Tuesday, June 23, 2009
Avalon Oil & Gas Inc. (AOGN.OB) Expands Ownership of Grace Wells through Acquisition of Bedford Energy Assets
Avalon Oil & Gas Inc. is an oil and gas investment company focused on the acquisition of producing properties and the development of oil production-enhancing technologies. In accordance with its business strategy, the company recently announced a letter of intent to acquire all of Bedford Energy Inc.’s oil and gas producing assets.
Said assets are located in the East Chandler Field, Lincoln County, Okla., and increase Avalon’s current interest in the Grace #2 well, which it acquired in June 2008. Per the agreement, Avalon will also acquire working interests in Grace #s 1, 3, 5A and 6 wells. Avalon’s Grace #2 well is currently producing 350 MCF of gas per day; in combination with the recently acquired wells, the company anticipates significantly increasing its revenue.
“We are excited to complete this expansion of our ownership in the Grace #2, the four other producing wells, the other Bedford Energy Field Assets, and the adjoining undeveloped acreage, in Lincoln County, Oklahoma,” Avalon’s CEO, Kent Rodriguez stated in the press release. “This acquisition will increase our revenues nearly three-fold. Avalon will continue to increase our ownership in these wells in the coming months.”
The company also stated its intent to acquire Prue Sand potential in the Grace #3, Grace #5A and the Grace #6 wells, with estimated reserves at 33,000 barrels of oil and 111 MMCF of gas.
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Said assets are located in the East Chandler Field, Lincoln County, Okla., and increase Avalon’s current interest in the Grace #2 well, which it acquired in June 2008. Per the agreement, Avalon will also acquire working interests in Grace #s 1, 3, 5A and 6 wells. Avalon’s Grace #2 well is currently producing 350 MCF of gas per day; in combination with the recently acquired wells, the company anticipates significantly increasing its revenue.
“We are excited to complete this expansion of our ownership in the Grace #2, the four other producing wells, the other Bedford Energy Field Assets, and the adjoining undeveloped acreage, in Lincoln County, Oklahoma,” Avalon’s CEO, Kent Rodriguez stated in the press release. “This acquisition will increase our revenues nearly three-fold. Avalon will continue to increase our ownership in these wells in the coming months.”
The company also stated its intent to acquire Prue Sand potential in the Grace #3, Grace #5A and the Grace #6 wells, with estimated reserves at 33,000 barrels of oil and 111 MMCF of gas.
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The UpTurn, Inc. (UPTR.PK) Aided by a Strong Board of Advisors
The UpTurn Inc. is developing an innovative online real estate matchmaking exchange where residential real estate participants are matched with each other based on their individual profiles and intended roles in the market. The company intends to serve all participants in the residential real estate industry.
The company is being aided in achieving its goals by a highly competent board of advisors who have a wide range of experience and skill sets. The UpTurn’s board of advisors includes:
Karen Webster – Ms. Webster is president of Market Platform Dynamics. She serves as an advisor and member of the board for a number of companies operating in the payment, technology and digital media industries. She is also a frequent industry speaker and the author of numerous published articles and white papers on payments, mobile, social media, product design and loyalty.
Ms. Webster has a long history of consulting experience, having served as the managing director of global marketing and planning for PricewaterhouseCoopers’ US $6-billion management consulting practice.
Krishna Jain – Mr. Jain is a mechanical engineer with diverse experience in the aerospace, transportation, and technology industries along with a decade-plus of service in the US government. He was worked for McDonnell Douglas, General Electric, the US Department of transportation and the Research and Innovative Technologies Administration.
In March 2008, Mr. Jain began work on Galago Labs, a technology startup. Galago Labs’ goal is to create hand-held devices to support highly specific workplace needs in the medical and transportation safety fields.
Bruce L’Orange – Mr. L’Orange is the chief business development consultant for Blue Green Ventures and is also the international business director for an alternative marketing firm.
Mr. L’Orange brings unique experiences to the team, having spent more than a decade in Japan as a business owner and entrepreneur. Among his accomplishments in Japan, Mr. L’Orange built Italian fashion label MIO Milano into a well known brand in Japan, worked as business development manager for Matsushita Electric, and worked as a translator and international relations liaison for the government in Japan.
Val Fox – Ms. Fox is the founder of Red Valise and has helped companies launch successful online business and marketing strategies to drive business growth. Prior to starting Red Valise, she worked at Gather.com, Forrester Research, and Bose Corporation.
Anthony Brogna – Mr. Brogna has his own consulting firm where his expertise ranges from strategic positioning to field execution, with an eye toward precise communication, both on and offline. He currently serves as marketing director for CDI America where he leads strategy and execution for Aclipse, a recruiting and staffing company while supporting the rebirth of The Daily Jolt, a website for and by college students. Mr. Brogna’s prior experience includes a stint at Red Bull North America.
Kenneth Steinberg – Mr. Steinberg is CEO of Cambridge Research & Development, a R&D company he founded in 2003. In his 20 years to Cambridge Research & Development, he helped forge the success of leading institutions such as Hughes, Hitachi, and Savant Protection. Mr. Steinberg has also held senior management positions with Digital Equipment, Softbank, and the John Von Neumann Supercomputer Center/National Science Foundation.
Stefania Mitrano – Ms. Mitrano is a leader is operations management and a successful entrepreneur with over 15 years experience in small business settings. She has over 10 years experience in production and design. Ms. Mitrano currently serves as director of production at an educational software company where she leads large and diverse teams responsible for the design, content, production and quality assurance of cutting edge learning technology products.
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The company is being aided in achieving its goals by a highly competent board of advisors who have a wide range of experience and skill sets. The UpTurn’s board of advisors includes:
Karen Webster – Ms. Webster is president of Market Platform Dynamics. She serves as an advisor and member of the board for a number of companies operating in the payment, technology and digital media industries. She is also a frequent industry speaker and the author of numerous published articles and white papers on payments, mobile, social media, product design and loyalty.
Ms. Webster has a long history of consulting experience, having served as the managing director of global marketing and planning for PricewaterhouseCoopers’ US $6-billion management consulting practice.
Krishna Jain – Mr. Jain is a mechanical engineer with diverse experience in the aerospace, transportation, and technology industries along with a decade-plus of service in the US government. He was worked for McDonnell Douglas, General Electric, the US Department of transportation and the Research and Innovative Technologies Administration.
In March 2008, Mr. Jain began work on Galago Labs, a technology startup. Galago Labs’ goal is to create hand-held devices to support highly specific workplace needs in the medical and transportation safety fields.
Bruce L’Orange – Mr. L’Orange is the chief business development consultant for Blue Green Ventures and is also the international business director for an alternative marketing firm.
Mr. L’Orange brings unique experiences to the team, having spent more than a decade in Japan as a business owner and entrepreneur. Among his accomplishments in Japan, Mr. L’Orange built Italian fashion label MIO Milano into a well known brand in Japan, worked as business development manager for Matsushita Electric, and worked as a translator and international relations liaison for the government in Japan.
Val Fox – Ms. Fox is the founder of Red Valise and has helped companies launch successful online business and marketing strategies to drive business growth. Prior to starting Red Valise, she worked at Gather.com, Forrester Research, and Bose Corporation.
Anthony Brogna – Mr. Brogna has his own consulting firm where his expertise ranges from strategic positioning to field execution, with an eye toward precise communication, both on and offline. He currently serves as marketing director for CDI America where he leads strategy and execution for Aclipse, a recruiting and staffing company while supporting the rebirth of The Daily Jolt, a website for and by college students. Mr. Brogna’s prior experience includes a stint at Red Bull North America.
Kenneth Steinberg – Mr. Steinberg is CEO of Cambridge Research & Development, a R&D company he founded in 2003. In his 20 years to Cambridge Research & Development, he helped forge the success of leading institutions such as Hughes, Hitachi, and Savant Protection. Mr. Steinberg has also held senior management positions with Digital Equipment, Softbank, and the John Von Neumann Supercomputer Center/National Science Foundation.
Stefania Mitrano – Ms. Mitrano is a leader is operations management and a successful entrepreneur with over 15 years experience in small business settings. She has over 10 years experience in production and design. Ms. Mitrano currently serves as director of production at an educational software company where she leads large and diverse teams responsible for the design, content, production and quality assurance of cutting edge learning technology products.
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
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The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
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