Imperial Resources, Inc. issued an update to shareholders and the investment community on its oil and gas exploration and development activities in the United States.
Imperial Resources is continuing to acquire mineral leasehold in Oklahoma, which is the main focus of the company’s resource efforts. The company now has 1,800 net acres under lease and estimates that this will provide for six well locations.
Imperial Resources purchased a salt water disposal facility in Texas that is being utilized to dispose of salt water and fluids involved with the hydraulic fracturing of oil and natural gas wells. The company recently deepened the well bore at the site into the Ellenburger formation, which is an ideal zone for salt water disposal.
The facility has a capacity of 15,000 barrels of salt water per day and the company is paid between $0.40 and $0.60 per barrel for the use of this facility. Imperial Resources also plans to extract any crude oil that is mixed into the salt water and anticipates approximately forty barrels of oil per day can be salvaged.
Imperial Resources has raised $3.2 million in capital over the last twelve months to finance these projects and expects to receive good returns off these investments.
For more information on the company, go to www.imperialresourcesinc.com
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Tuesday, September 27, 2011
ERF Wireless (ERFB) Deadline for Energy Broadband Stock Dividend Approaches
Last week, ERF Wireless provided investors with an update regarding the upcoming dividend consisting of 100 Energy Broadband common shares, one warrant to purchase 100 shares at a fixed price of $4.00 per share and one warrant to purchase an additional 100 shares at a fixed price of $6.00 per share. This dividend will be issued for each 200 shares of ERF Wireless common stock, or preferred stock convertible into 200 common shares, an investor owns as of September 30, 2011, up to 5% of the existing common stock in Energy Broadband.
Energy Broadband, a wholly owned subsidiary of ERF Wireless, utilizes the wireless broadband expertise, project management skills, wireless network coverage footprint, monitoring and maintenance capabilities, proprietary security technology and the resources of the other divisions of ERF Wireless to provide wireless broadband products and service offerings to the major oilfield producers and service providers. The data transmission capabilities of Energy Broadband are extremely cost-effective and much more robust than any of the existing sources of data transmission previously utilized by the oil and gas industry.
ERF Wireless shareholders that hold shares in a brokerage account and are non-objecting beneficial owners will not have to take any action to receive the dividend. They will receive their units based on the number of full 200-share increments of ERF Wireless they hold as of the record date. The units will be sent to the address on the account, unless the company is notified in writing otherwise. Those who hold shares in certificate form will receive units based on the transfer agent’s records.
According to the release, it is expected that most stockholders will receive their units within 90 days of the record date, unless the company is unable to make contact at the address recorded. Shareholders who do not receive units within 120 days after the record date and are qualified to receive units should contact the company immediately.
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Energy Broadband, a wholly owned subsidiary of ERF Wireless, utilizes the wireless broadband expertise, project management skills, wireless network coverage footprint, monitoring and maintenance capabilities, proprietary security technology and the resources of the other divisions of ERF Wireless to provide wireless broadband products and service offerings to the major oilfield producers and service providers. The data transmission capabilities of Energy Broadband are extremely cost-effective and much more robust than any of the existing sources of data transmission previously utilized by the oil and gas industry.
ERF Wireless shareholders that hold shares in a brokerage account and are non-objecting beneficial owners will not have to take any action to receive the dividend. They will receive their units based on the number of full 200-share increments of ERF Wireless they hold as of the record date. The units will be sent to the address on the account, unless the company is notified in writing otherwise. Those who hold shares in certificate form will receive units based on the transfer agent’s records.
According to the release, it is expected that most stockholders will receive their units within 90 days of the record date, unless the company is unable to make contact at the address recorded. Shareholders who do not receive units within 120 days after the record date and are qualified to receive units should contact the company immediately.
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Mines Management (MGN) Completes Key Component for Final Phase of Montanore Project
Mines Management Inc., engaged in the business of acquiring, exploring and developing mineral properties containing precious and base metals in Montana, today announced that a Supplemental Draft Environmental Impact Statement (SDEIS) has been completed by the U.S. Forest Service for the Montanore Project.
The SDEIS is a significant component of the Mines Management’s long-standing process with the Montanore Project.
“Completion of the SDEIS is a major step forward in the final phase of the permitting process,” Glenn M. Dobbs, president and CEO of Mines Management stated in the press release. “It signals a move toward completion of the process we began in 2005, since which time we have developed extensive documentation demonstrating the benign nature of this underground mining project, and the protections to the environment provided in the plan of operations.”
The company designed the mine to exceed current standards and regulations to ensure the protection of wildlife while maintaining purity and viability of water in the region, and reduce other perceived risks to the environment. Dobbs also noted how the project will generate employment opportunities.
“Since 1993, the project has undergone additional exhaustive studies, and it is clear the community in the area of the project would like to see the mine built. If developed, the Montanore Project would provide an estimated 350 direct long-term jobs in a community with approximately 20 percent unemployment, resulting in significant economic growth and an increase in the tax base,” Dobbs stated. “With the completion of the SDEIS, we are optimistic that the permitting process is nearing a conclusion, after which the project can move forward.”
Contingent upon obtaining a full permit for the Montanore Project, the company said it intends to complete the rehabilitation and construction of its 14,000 ft. evaluation adit, as well as complete an underground drilling program.
For more information visit www.minesmanagement.com
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The SDEIS is a significant component of the Mines Management’s long-standing process with the Montanore Project.
“Completion of the SDEIS is a major step forward in the final phase of the permitting process,” Glenn M. Dobbs, president and CEO of Mines Management stated in the press release. “It signals a move toward completion of the process we began in 2005, since which time we have developed extensive documentation demonstrating the benign nature of this underground mining project, and the protections to the environment provided in the plan of operations.”
The company designed the mine to exceed current standards and regulations to ensure the protection of wildlife while maintaining purity and viability of water in the region, and reduce other perceived risks to the environment. Dobbs also noted how the project will generate employment opportunities.
“Since 1993, the project has undergone additional exhaustive studies, and it is clear the community in the area of the project would like to see the mine built. If developed, the Montanore Project would provide an estimated 350 direct long-term jobs in a community with approximately 20 percent unemployment, resulting in significant economic growth and an increase in the tax base,” Dobbs stated. “With the completion of the SDEIS, we are optimistic that the permitting process is nearing a conclusion, after which the project can move forward.”
Contingent upon obtaining a full permit for the Montanore Project, the company said it intends to complete the rehabilitation and construction of its 14,000 ft. evaluation adit, as well as complete an underground drilling program.
For more information visit www.minesmanagement.com
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Fuel Tech, Inc. (FTEK) Receives Multiple New Contracts both Foreign and Domestic for Air Pollution Control Projects Totaling $3 Million
Fuel Tech, a world leader in advanced engineering solutions for combustion and emissions control systems for utility and industrial applications, yesterday announced that it has signed several new contracts for air pollution control that total $3.0 million. These contracts were signed with both new and existing clients in the US and abroad.
Two orders were received from Chinese power plants for the ULTRA systems process that safely and cheaply convert urea to ammonia for use as a reagent in the reduction of nitrogen oxide (NOx) thus eliminating the danger associated with the transport, storage, and handling of aqueous ammonia or anhydrous. The largest order is from an existing client to retrofit two large coal units and the second order is for two medium sized coal operations. Equipment should be delivered in late 2011 for both clients.
The new Cross-State Air Pollution Rule, which becomes law in the United States at the start of 2012, drove a major domestic utility company to purchase Fuel Tech’s Selective Non-Catalytic Reduction (SNCR) systems to address NOx emissions at an unnamed power plant. Also, other domestic orders for Computational Fluid Dynamiz (CFD) modeling relate to this new rule and point to future sales.
“We continue to gain traction in the Chinese market, in particular with our proprietary ULTRA technology. China continues to be a very active market for all of our technologies as new regulations are now in place for broad reductions of NOx emissions. Additionally, we are pleased that these domestic utility customers have selected Fuel Tech to implement equipment solutions and evaluate short term strategies to achieve compliance in a dynamic regulatory environment that is calling for greater reductions in NOx emissions under the new Cross-State Air Pollution Rule. Fuel Tech’s SNCR technology can provide our customers with timely NOx reductions where boilers may operate across a wide load range, and these flexible systems are designed to complement additional Fuel Tech NOx reduction technologies, including combustion modifications, ASCR™ (Advanced Selective Catalytic Reduction) and conventional SCR,” said Douglas G. Bailey, Chairman, President and Chief Executive Officer, Fuel Tech in a press release.
For more information, please visit Fuel Tech’s web site at www.ftek.com
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Two orders were received from Chinese power plants for the ULTRA systems process that safely and cheaply convert urea to ammonia for use as a reagent in the reduction of nitrogen oxide (NOx) thus eliminating the danger associated with the transport, storage, and handling of aqueous ammonia or anhydrous. The largest order is from an existing client to retrofit two large coal units and the second order is for two medium sized coal operations. Equipment should be delivered in late 2011 for both clients.
The new Cross-State Air Pollution Rule, which becomes law in the United States at the start of 2012, drove a major domestic utility company to purchase Fuel Tech’s Selective Non-Catalytic Reduction (SNCR) systems to address NOx emissions at an unnamed power plant. Also, other domestic orders for Computational Fluid Dynamiz (CFD) modeling relate to this new rule and point to future sales.
“We continue to gain traction in the Chinese market, in particular with our proprietary ULTRA technology. China continues to be a very active market for all of our technologies as new regulations are now in place for broad reductions of NOx emissions. Additionally, we are pleased that these domestic utility customers have selected Fuel Tech to implement equipment solutions and evaluate short term strategies to achieve compliance in a dynamic regulatory environment that is calling for greater reductions in NOx emissions under the new Cross-State Air Pollution Rule. Fuel Tech’s SNCR technology can provide our customers with timely NOx reductions where boilers may operate across a wide load range, and these flexible systems are designed to complement additional Fuel Tech NOx reduction technologies, including combustion modifications, ASCR™ (Advanced Selective Catalytic Reduction) and conventional SCR,” said Douglas G. Bailey, Chairman, President and Chief Executive Officer, Fuel Tech in a press release.
For more information, please visit Fuel Tech’s web site at www.ftek.com
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Cord Blood America, Inc. (CBAI) Provides Investor Update on Argentina Subsidiary
Cord Blood America, Inc., the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children, today provided shareholders with a performance update of Biocordcell Argentina S.A. (BioCells, Inc.), which is 50.1 percent owned by Cord Blood America.
“January through August revenues in 2011 are up 40 percent to $1.18 million (U.S.),” said Diego Rissola, president of BioCells, Inc. “The increase in revenues reflects the fact that we have established franchises in six provinces in Argentina and we opened an office in Miami, Florida, to service the Latin American population there. We are now signing 11 percent more new contracts than we did in the same period in 2010.”
“We have been successful with e-marketing, using a new web page and social media. We also now have operations in Brazil and the Dominican Republic, and the development of storing dental pulp is proving to be a potential revenue enhancer for the Company,” Mr. Rissola added.
“BioCells of Argentina has performed fantastically in a down global economy. We’ve realized great growth, profitability, just a good story all around. We’re fortunate to have purchased the control position of this ever expanding company,” stated Matthew Schissler, CEO of Cord Blood America.
Investors should note that the revenue and other financial estimates contained in the press release issued today have not been audited or reviewed by Cord Blood America’s independent auditors. The company provided no assurance that these preliminary results will not change following the completion of its financial audit for Fiscal 2011.
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“January through August revenues in 2011 are up 40 percent to $1.18 million (U.S.),” said Diego Rissola, president of BioCells, Inc. “The increase in revenues reflects the fact that we have established franchises in six provinces in Argentina and we opened an office in Miami, Florida, to service the Latin American population there. We are now signing 11 percent more new contracts than we did in the same period in 2010.”
“We have been successful with e-marketing, using a new web page and social media. We also now have operations in Brazil and the Dominican Republic, and the development of storing dental pulp is proving to be a potential revenue enhancer for the Company,” Mr. Rissola added.
“BioCells of Argentina has performed fantastically in a down global economy. We’ve realized great growth, profitability, just a good story all around. We’re fortunate to have purchased the control position of this ever expanding company,” stated Matthew Schissler, CEO of Cord Blood America.
Investors should note that the revenue and other financial estimates contained in the press release issued today have not been audited or reviewed by Cord Blood America’s independent auditors. The company provided no assurance that these preliminary results will not change following the completion of its financial audit for Fiscal 2011.
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Got an iPad? GotStockTips? Get Both!
Every day hundreds of thousands in profits are made in the often ignored micro-cap markets. Unlike the blue-chips, micro-cap stocks can make rapid moves of 50% or more, making the latest information extremely critical to maximizing profits. GotStockTips delivers this crucial info to their subscribers in record time via instant text messaging and twitter.
GotStockPicks recently announced that they will be giving away a free iPad to one of their subscribers. The winner will be announced via Twitter and FaceBook August 31st, 2010. Sign up is free and easy. To learn more about the giveaway and sign up for your instant alerts, visit www.GotStockTips.com
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Monday, September 26, 2011
BeaconEquity.com: Brainy Brands (TBBC) Expands Efforts in Canada, Shareholders have Second Thought
The Brainy Brands Company (OTC: TBBC), a developer and marketer of an extensive library of early childhood learning products, has engaged New Leaf Media as a sales agency to expand its presence in Canada. The company said that the relationship will enable the two companies to test and refine the positioning of the Brainy Baby brand in Canada.
Brainy Brands is planning to develop a Canadian distribution capability. Carson Ashworth, vice president of Sales at Brainy Brands, said that the company is looking forward to working closely with New Leaf Media to expand its sales and marketing efforts in Canada.
Ashworth said that New Leaf Media will give the company the opportunity to showcase its products to schools and businesses in the early education space and that the company expects Brainy Baby become widely accepted among the Canadian consumers as the preferred choice of learning solution for their children.
Despite the positive development, Brainy Brands shares are down signficiantly in today’s trading. At last check, the penny stock was trading 11.43% lower at $0.31, with volume up from daily average of 95,222 to 1,111,773.
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Brainy Brands is planning to develop a Canadian distribution capability. Carson Ashworth, vice president of Sales at Brainy Brands, said that the company is looking forward to working closely with New Leaf Media to expand its sales and marketing efforts in Canada.
Ashworth said that New Leaf Media will give the company the opportunity to showcase its products to schools and businesses in the early education space and that the company expects Brainy Baby become widely accepted among the Canadian consumers as the preferred choice of learning solution for their children.
Despite the positive development, Brainy Brands shares are down signficiantly in today’s trading. At last check, the penny stock was trading 11.43% lower at $0.31, with volume up from daily average of 95,222 to 1,111,773.
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