Friday, January 23, 2009
The letter of intent was announced publicly by EESO in a press release dated December 4, 2008. The release explained the pending relationship between Enzyme Environmental Solutions and the Lees whose many projects include both domestic and international development. One of their larger domestic projects is the Star Towers project in Atlanta, GA (www.star-towers.com).
The Letter of Intent directly relates to the Lees' work in South Korea focusing on odor and garbage remediation with use of EESO's proprietary technology, Pit Solution® and their FG-500®, "an enzyme based compost solution for food waste which will be sold primarily to restaurants to eliminate food waste and pollution which has grown at an increasingly alarming rate."
LPMC, the firm negotiating with EESO for the Lees, has secured the last phase of testing to be completed in South Korea with a private firm. Also participating in the final test are representatives of the South Korean Government. The testing should be completed within two weeks. The tests were expanded due to the initial LOI estimates of approximately $28,500,000 over seven years, which has escalated an additional 85% which equates to $52,725,000 over a seven-year period. Initially this includes only a portion of companies that Star Towers, Inc. has entered into negotiations with. The contract with Star Towers will include many areas of South Korea. Hochstedler and the Lees are mutually satisfied thus far with the proceedings.
Bo Lee, a Star Towers, Inc. founder, says, "We are very pleased with this expansion and are looking forward to entering into this final phase. The technology that Enzyme Environmental Solutions will provide is a substantial if not entire remedy to the issues we face in South Korea and we look forward to considering their solutions both domestically and internationally as there seems to be a lot we will be able to do together with our other business relationships."
Jared Hochstedler, CEO of EESO, states, "Our director of sales Gene Sherrill has been, for the last week and will continue into next week, negotiating with two American Companies for the distribution rights for our proprietary Pit Solution® within the United States. These are exciting times for EESO and its shareholders. We are pleased with the progress that Bill White and Gene Sherrill have made and are committed to furthering our efforts in pursuit of expanding our customer base on the commercial and industrial side of the business while preparing for the inevitable successes provided by the recent agreements with Wow Green International. The Wow Green deal has already provided us with attractive numbers for the year and these are based on conservative estimates in regards to product demand."
The Wow Green opportunity gives everyone a chance to work in concert with both companies' missions toward a 'cleaner world. Safer planet' while 'freeing the world of toxic chemicals, one household at a time.' At the same time, Wow Green International is boasting the most attractive compensation plan for distributors in a network marketing program to date with a strategically designed matrix that allows for a long-term success with plans for an international expansion in 18-24 months. If you are looking to participate as a Wow Green distributor, EESO has purchased www.wowgreenlaunch.com in order to give every investor an opportunity to sign up as a distributor directly under EESO which will give top priority placement to the distributor as well as enhance company revenues with a distributor force directly under the company. Please visit www.wowgreenlaunch.com and follow the instructions on the site to sign up for this rare pre-launch opportunity.
Thursday, January 22, 2009
Using GPS technology and wireless communications, PocketFinder locator devices allow families to check the location of family members, loved ones, pets and luggage at anytime from almost anywhere via the Internet, telephone or smartphone.
In lauding PocketFinder’s innovative technology, PC World stated: “Just hook one to your cat's collar, a suitcase, or your child's keychain; then log on to the Web or dial a number to find out where they are, within 30 feet of their location. The PocketFinder can tell you how fast your lead-foot teenagers are driving and send you a text message when they enter or leave pre-designated areas (like the school library or the mall). Batteries run for 7 days on a single charge, and you get a text message when the juice is running low.”
Dave Morse, co-president and CEO of Location Based Technologies, commented, “We are deeply honored to have received this award, especially since PC World considers thousands of new electronic products before selecting the 22 they consider truly innovative. We believe PocketFinder devices will validate the magazine’s assessment when we release the product this quarter.”
The PocketFinder family of products uses advanced technology to help families stay connected. As the smallest known single-board GSM/GPS device, it fits easily into a pocket, purse or backpack and can be accessed via the Internet, cell phone or landline to show the device’s exact location in real time. The devices also include advanced features such as allowing users to designate customizable alert areas as electronic “fences” to notify them when a family member or pet enters or leaves a specified area. The devices can even track vehicle speeds to encourage safe driving decisions.
PocketFinder has succeeded in integrating its innovative service into both the iPhone (NASDAQ:AAPL) and Google (NASDAQ:GOOG - News) Android platforms, permitting any authorized family member to locate any PocketFinder-enabled smartphone.
The Apple iPhone-based Mobile PocketFinder service is available for a one time user fee of $24.95. It can be downloaded from Apple’s iTune’s AppStore. Mobile PocketFinder’s application for Google’s Android-based G1 (sold exclusively by T-Mobile (NYSE:DT)) is available to download from the Android Market at www.android.com/market.
Effective as of December 30, 2008, W2 Energy, Inc. has licensed to Alpha Renewable Energy, LLC its expertise and technology for the creation of synthetic diesel and electricity from biomass. The W2 Energy technology includes its plasma reactor, GTL reactor, and small electrical generating systems.
This licensing agreement includes the use, manufacture, marketing and promotion of W2 Energy technology by Alpha Renewable Energy, exclusively in the country of India. The duration of this licensing agreement is for a term of 10 years and provides for an automatic 10 year renewal if certain conditions are met.
In exchange for the license, Alpha Renewable Energy will pay W2 Energy $500,000, payable $100,000 upon signing of the License Agreement, $100,000 upon delivery of the manufacturing drawings and plants, $100,000 upon the start of production, $100,000 within 12 months from the start of production, and $100,000 within 24 months from the start of production. In addition, Alpha Renewable Energy will pay W2 Energy a royalty equal to 6% of the gross annual sales from any equipment incorporating the licensed technology.
"Everyone knows that the future of all utilities -- waste management, as well as the production of electricity liquid fuels -- is distributed," says Mike McLaren, CEO of W2 Energy. "Our small and medium size biomass-to-energy plants are a great fit for the India, where there are so many towns that need waste remediation, electricity and liquid fuel."
"We can't wait to get started on our partnership with W2 Energy," says Ashwin Patel, President of Alpha Renewable Energy. "This partnership may start small but it is going to get up to speed very quickly. Alpha Renewables, using this great W2 Energy technology, intends to make a real statement in India with electricity and synthetic fuels from a variety of feedstocks, including but not limited to municipal solid waste."
About W2 Energy Inc.
W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies them to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass-to-energy plants utilize state of the art technologies to produce green energy both fuel (sulfur-free diesel) and electricity at the most efficient cost in capital investment and production per barrel, per Megawatt.
Wednesday, January 21, 2009
| || || || || || || ||Dec '08|| ||Jul - Dec '08|
| || || ||Ordinary Income/Expense|| || || || |
| || || || || ||Total Income|| ||2,558,771.00|| ||22,312,835.00|
| || || || || ||Total COGS|| ||1,182,637.93|| ||8,797,418.43|
| || || || ||Gross Profit|| ||1,376,133.07|| ||13,515,416.57|
| || || || ||Total Expense|| ||1,013,931.09|| ||5,999,481.65|
| || || ||Net Ordinary Income|| ||362,201.98|| ||7,515,934.92|
| || || ||Net Other Income|| ||129,104.42|| ||133,311.42|
| || ||Net Income|| ||491,306.40|| ||7,649,246.34|
| || ||ASSETS|| || || || |
| || || ||Total Current Assets|| ||15,235,093.08|| || |
| || || ||Fixed Assets|| ||4,469,864.54|| || |
| || ||TOTAL ASSETS|| ||19,704,957.62|| || |
| || ||LIABILITIES & EQUITY|| || || || |
| || || || ||Total Current Liabilities|| ||3,605,193.21|| || |
| || || || ||Long Term Liabilities|| ||5,487,187.00|| || |
| || || ||Total Liabilities|| ||9,092,380.21|| || |
| || || ||Equity|| ||10,612,577.41|| || |
| || ||TOTAL LIABILITIES & EQUITY|| ||19,704,957.62|| || |
"Anviron delivered outstanding results, posting record revenue along with our second quarter in FYE 2009 of profitability as well as positive operating cash flow," said Anviron COO Steve Young. "With increased profitability, record revenue and a base of more than 21 clients, we continue to make solid progress," said Marcie Corbin, CFO of Anviron. "We're especially pleased with our continued success of DustBlocker and RoadBinder into the mining industry.”
Anviron is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about Anviron and its product offerings visit us on the web at www.anviron.com.
Tuesday, January 20, 2009
Cavico Hydropower will be responsible for the construction of a 3,900 meter long headrace tunnel, two sub tunnels of total 650 meters in length, and a 42 meter tall surge tank. Cavico Hydropower expects to complete the construction within a period of 20 months. The first phase of the project which will involve site preparation is expected to commence in the first quarter of 2009.
Song Giang 2 hydropower plant will be built on the Song Giang River. This plant will be located southwest of Khanh Hoa province, which is 30 miles away from Nha Trang city. Upon completion, the 37 megawatt hydropower plant is expected to generate 141 million kilowatt-hour of electricity annually. The plant will be connected to the national grid to help to ease the shortage of electricity supply in the country. The Song Giang 2 hydropower plant has a total estimated value of approximately $50 million and is considered to be one of the largest hydropower projects in the Khanh Hoa province.
“We are pleased to announce our first contract of the year 2009. We believe the construction of the hydropower plant is a great start for the year as we have an experienced team of professionals deployed to work on this project,” commented Mr. Hai Thanh Tran, vice president of Cavico. “We expect to enter into additional contracts during the year as the Vietnamese government intends to revive the economy by encouraging additional infrastructure projects.”
About Cavico Corp. (OTCBB: CVIC - News)
Cavico Corp. is focused on large infrastructure projects, which include the construction of hydropower facilities, dams, bridges, tunnels, roads, mines and urban buildings. Cavico is also making investments in hydropower facilities, cement production plants and urban developments in Vietnam. The company employs more than 3000 employees on projects worldwide, with offices throughout Vietnam and a satellite office in Australia.
Founded in 2000, Cavico is a major infrastructure construction, infrastructure investment and natural resources conglomerate headquartered in Hanoi, Vietnam. Cavico is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, ports and urban community developments. One of the Company’s primary competitive advantages is its ability to nurture a project “from concept through completion” with a vertical portfolio of interrelated investment, permitting, design, construction management and facility maintenance services. Cavico’s project partners include top multi-national corporations and government organizations. The Company employs more than 3,000 full-time, part-time, and seasonal workers. For more information, visit http://www.cavicocorp.com. Information on the Company’s Web site or any other Web site does not constitute a portion of this release.
To all of our valued shareholders and the investment community:
Since our last update to shareholders in October of 2008, the following projects have been completed:
-- Officially Launched GelStat Sleep on January 12, 2009. The product is
currently available on our website at https://gelstat.com/BuySleepNow.asp
-- Completed financial statements from the last 10Q filed with the SEC
for the period ending September of 2005 through the end of the third
quarter of 2008. Investors can access these reports at
-- Filed a Form 15 with the U.S. Security and Exchange Commission (SEC)
to temporarily suspend the Company's reporting requirements, while also
affirming the Company's intention to complete and submit 10Ks for 2005,
2006, 2007 and 2008 as well as complete and submit 10Qs for the first,
second and third quarters of 2006, 2007 and 2008.
-- Re-submitted a complete "Application Form for the Registration of a
Pharmaceutical Product" with the Ministry of Health in Kuwait in
conjunction with our Middle Eastern distribution partner Icarus Medical
-- Initiated advertising tests that have yielded positive return on
Our primary objectives moving forward will be focused on the following efforts:
-- Testing a number of advertising methods to determine which efforts
result in the highest revenues per advertising dollar. These efforts
include, but are not limited to: pay-per-click Internet, 3 minute
infomercial, 30 second and 60 second commercials, opt-in email campaigns,
Internet affiliate programs through banner ads, and tradeshows, as well as
sales calls to healthcare professionals and local retail chains.
-- Driving revenue growth by implementing advertising campaigns based on
the results of the aforementioned tests.
-- Liquidating inventory to strengthen the Company's balance sheet.
In summary, we have made significant progress over the last few months and we are very excited about the launch of GelStat Sleep. It is estimated that 100 million people suffer from some form of sleeplessness and we have received a large number of positive testimonials on our product. Furthermore, having two products available for sale significantly expands our customer base and leverages our advertising dollars dedicated to website traffic.
With virtually all of the restructuring projects completed, we can fully commit our resources to driving revenue growth for a prosperous 2009. We appreciate the continued support from our shareholders and will give further updates as we achieve progress on the goals outlined above.
Gerald N. Kieft
ABOUT GELSTAT CORPORATION
GelStat Corporation is dedicated to providing safe and effective over-the-counter (OTC) treatments for relief from migraine headaches, sleeplessness and arthritis using all natural ingredients. GelStat's first product, GelStat(TM) Migraine, is sold through direct-to-consumer channels, retail chain stores, independent retailers and pharmacies. The Company also has a suite of additional, effective healthcare products that address large consumer markets including GelStat(TM) Sleep and GelStat(TM) Arthritis. For more information, visit www.gelstat.com.
Sunday, January 18, 2009
Mark Libratore, the Company's President and CEO, commented, "Quarter-over-quarter net revenue growth was up 281% for the quarter ended December 31, 2008 compared to net revenues of $1.43 million for the quarter ended December 31, 2007. Equally important, sequential quarterly net revenue growth was up 28% or $1.20 million for the quarter ended December 31, 2008 above the net revenues of $4.25 million for the quarter ended September 30, 2008. This growth is attributed to the success of our national advertising campaign, which continues to increase our recurring revenue stream by attracting customers with long-term chronic disease related medical supply needs."
Mr. Libratore added, "We have experienced growth in all mail order divisions despite the difficulties of successfully advertising during the election period and the holidays."
Stay up-to-date with current events by visiting our website www.liberatormedical.com or by joining Liberator Medical's E-Mail Alert List. Join by clicking the link below:
About Liberator Medical Holdings, Inc.
Liberator Medical Holdings, Inc.'s subsidiary, Liberator Medical Supply, Inc., established the Liberator brand as a leading national direct-to-consumer provider of quality medical supplies to Medicare-eligible seniors. An Exemplary Provider(TM) accredited by The Compliance Team, its unique combination of marketing, industry expertise and customer service has demonstrated success over a broad spectrum of chronic conditions. Liberator is recognized for offering a simple, reliable way to purchase medical supplies needed on a regular, ongoing, repeat-order basis, with the convenience of direct billing to Medicare and private insurance. Approximately 85% of its revenue comes from supplying products to meet the rapidly growing requirements of general medical supplies, personal mobility aids, diabetes, urological, ostomy and mastectomy patients. Liberator communicates with patients and their doctors on a regular basis regarding prescriptions and supplies. Customers may purchase by phone, mail or internet, with repeat orders confirmed with the customer and shipped when needed.