JERUSALEM, Israel, via ETELIGIS INC., 11/28/2014 – – IDenta Corp. (OTC Pink: IDTA) (PINKSHEETS: IDTA), CEO Yaacov Shoham today made the following announcement:
In recent months, IDenta Corp. has presented its new sniffer to several countries and audiences worldwide. The new sniffer was warmly welcomed by the audience in all presentations. The immediate results of those presentations are reflected in orders that have already been placed from:
Ukraine – 13 sniffers (for different agencies)
Argentina– 1 sniffer (to be tested by the Argentinian Airports Authority)
Indonesia – 20 sniffers (for the police).
In the first quarter of 2015, IDenta Corp. expects additional orders for sniffers to arrive from Thailand, Mexico, Israel, Middle-East countries, and more. Around 100 additional units are thus expected to be sold in the first quarter of 2015. The business plan for the entire year 2015 is to sell at least 500 sniffers worldwide. On average, each sniffer uses drug- or explosives-detecting kits at the range of 1000 USD a month."
Since 2003, IDenta Corporation has been recognized as a worldwide leader in the development of proprietary on-site drug, drug precursor and explosive detection kits. IDenta develops, manufactures and distributes products for both the professional and civil markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world.
DISCLAIMER
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management’s expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
For Investor Relations, lobbying interests or information concerning IDenta’s products internationally or the development of new chemical detectors, contact: Yaacov Shoham, IDenta Corp., CEO, Tel: +972-52-6554487
Hong Kong, China, via ETELIGIS INC., 11/26/2014 – – Borneo Resource Investments Ltd. (OTCQB:BRNE) (the "Company" or "Borneo"), a mining company that mines gold and develops producing gold mines in Indonesia, today announced financial results for the quarter ended September 30, 2014.
Revenue was up for both the third quarter of 2014 and year-to-date. Revenue increased 7.7 % in the third quarter to $546,927. On a year-to-date basis, revenue increased over 100% to $1,485,483, reflecting new operations at Borneo’s Ratatotok location. Borneo expects revenues to continue to increase as a result of new processing facilities and new properties.
Borneo is still in its initial growth stage. As a result, the costs of acquiring properties and making them ready for gold production have had a drag on operating results. While revenues exceeded costs applicable to sales, depreciation and general and administrative costs (including costs to acquire and plan development for new properties) generated an operating loss of $122,043 in the third quarter of 2014. Borneo, however, plans to grow revenue in the first quarter of 2015 and cut expenses to generate an operating profit in the first quarter of 2015.
Nils Ollquist, Chief Executive Officer commented “I am pleased to report that our operations in Ratatotok are developing well, with construction of our second (5000 ton capacity) processing area expected to be completed and operational by early January. We have also completed initial plans for a 10,000 ton capacity processing area, the implementation of which will bring our production capacity at Ratatotok to around 15 kg of gold per month.”
“From a financial perspective,” Mr. Ollquist continued, “I am pleased that the sales result for the nine months ending September 30, 2014 of $1.5 million was double the result for the comparable period last year, reflecting the ongoing effect of our expansion and upgrading program. Our profitability for the period was affected by the impact of high levels of expenditure on developing our production facilities which were charged to the profit and loss account under prevailing accounting guidelines. I am confident that continued investment in our operations, combined with strategic acquisitions of additional high quality properties will result in a sustained improvement in our operating metrics over 2015.”
About Borneo Resource Investments Ltd.
Borneo Resource Investments Ltd. (OTCQB:BRNE) is a mining company that mines gold and develops producing gold mines as well as coal mining properties in the Republic of Indonesia. Borneo’s current assets include three gold properties, two of which are producing gold. Cash flow-producing investments in gold properties help fund Borneo’s operations and investments in gold, while the Company develops high value, longer-term investments in thermal “coal concessions,” which are properties that can be mined for coal. Borneo currently has one coal concession in the Borneo region of Indonesia. Indonesia was the 8th largest gold producing nation in 2012 and the world’s largest exporter of coal, with $25 billion exported in 2012.
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This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Words such as "believe", "estimate", "will be", "will", "would", "expect", "anticipate", "plan", "project", "intend", "could", "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and we do not undertake to update our forward-looking statements.
For example, we are using forward looking statements when we discuss the indications that estimate the potential revenue that may be generated from this property. These forward-looking statements are based on the current expectations of the management of Borneo Resource Investments Ltd. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in the price of natural resources, a change in the estimate of natural resources on our concessions, a change in the ability to extract the natural resources, changes in Indonesian law, risks associated with counterparty default in any of our agreements and the ability to acquire funding. Except as otherwise required by law, Borneo Resource Investments Ltd. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
LOS ANGELES, CA, United States, via ETELIGIS INC., 11/26/2014 – – WestPark Capital today announced it had closed a $35,000,000 financing for Ascent Solar Technologies. (NASDAQ: ASTI). WestPark Capital acted as sole Placement Agent for the Company in the transaction. Proceeds will be used to fund Ascent Solar’s continued operations and expansion of its retail channels for its EnerPlex products in the US, Europe and Asia, brand building, as well as the launch of additional EnerPlex products.
About Ascent Solar Technologies:
Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules using flexible substrate materials that can transform the way solar power generation integrates into everyday life. Ascent Solar modules, which were named one of TIME Magazine’s 50 best inventions for 2011, can be directly incorporated into standard building materials, commercial transportation, automotive solutions, space applications, consumer electronics for portable power and durable off-grid solutions. More information can be found at http://www.ascentsolar.com and www.goenerplex.com.
About WestPark Capital:
WestPark Capital is a full-service investment bank focused on emerging growth sectors such as healthcare, software, technology, biotechnology, financial services, manufacturing, consumer products, media and telecom, among other categories. WestPark provides a comprehensive range of corporate finance services, including initial public offerings, follow-on offerings, private placements, SIPOs and corporate finance advisory services. Additional information about WestPark Capital, Inc. is available at info .
LONDON, UNITED KINGDOM, NEW YORK, NY and LOS ANGELES, CA, United States, via ETELIGIS INC., 11/26/2014 – – Digital Brand Media & Marketing Group, Inc. (OTC Pink: DBMM) (PINKSHEETS: DBMM) announced that their agency, Digital Clarity, has been retained by American Green, Inc. (OTC Pink: ERBB) (PINKSHEETS: ERBB), http://www.americangreen.com. American Green is a market leader as one of the fastest growing companies in the marijuana industry.
DBMM has been aggressively developing its organic business as indicated in the press releases issued throughout the past year. The latest being its contract with American Green, who will be issuing its own press release regarding the strategic alliance. DBMM will be rolling out additional contracts in the next several months.
Reggie James, Co-Chief Operating Officer and Senior Vice-President Marketing & Communications said: "We are delighted to be selected by American Green, who became one of the world’s first publicly-traded medical marijuana dispensary brands in 2009 and is the largest public company (by shareholders) in the sector. American Green has been acquiring companies in the marijuana business for several years employing a model of ‘vertical integration’ throughout its operations and subsidiaries. Digital Clarity will integrate this strategy into a digital footprint as a leader in the industry."
James added: "Specifically, the Company has developed retail, brand and commercial cultivating solutions in partnership with licensed retail medical marijuana dispensaries nationwide, our goal is to help them develop and drive this powerful brand with the company’s offerings across the omni-channel using Digital Clarity’s breadth of expertise in digital customer acquisition and evolution."
Stephen Shearin, President and Chief Operating Officer of American Green said," from our recent deal to manage Urban Hill’s 20,000 square-foot Nevada medical cannabis cultivation site to our growing clothing sales division, the need to leverage our marketing against this background was key. Digital Clarity understands the need to ramp up the brand."
About Digital Brand Media & Marketing Group, Inc. (DBMM):
DBMM Group crafts, designs and executes digital marketing strategies across multiple ad platforms and social media networks for a broad array of clients to help each of them establish a uniform brand identity across the digital universe. The product offering is a unique value proposition of intelligent analytics provided by an experienced digital marketing and technology team.
About American Green, Inc. (ERBB):
American Green was the first publicly-traded company medical marijuana dispensary brand in the world and currently has over 50,000 shareholders. It is now embarking on the strategy to become a major participant in the expanding medical and adult use cannabis market on a national scale.
American Green continues to offer retailing, branding and cultivating strategies in conjunction with its on-going business with various licensed medical marijuana medical and retail dispensaries. The company has consulted with dispensary operators in California, Colorado, Washington and Arizona. Being located in Arizona, a very effectively regulated medical marijuana (MMJ) market, American Green is focusing on providing goods and services that operators of licensed non-profit MMJ dispensaries in regulated environments require. This strategy will allow American Green to further penetrate the market and to leverage its existing brands, products and services. As a result, the ZaZZZ™ network is being adapted to sell non-MJM products to customers of MMJ dispensaries; lines of non-MJM, hemp-based products are in development; online communities, products and services are being created; and consulting opportunities involving compliance, business development and financial services have been identified.
American Green Clothing: The Company is currently selling clothing and accessories under the American Green brand. The Company is working toward developing a full-line of clothing and accessories under the American Green brand for traditional brick and mortar sales, as well as through ZaZZZ™ and MMJ dispensary networks. All products are available through web-based purchase at American Green.com.
Safe Harbor Provisions:
The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in DBMM’s reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.
CONTACT:
Digital Brand Media & Marketing Group, Inc.
IR Contact: info
TEL: +1 646 722 2706
SOURCE: Digital Brand Media & Marketing Group, Inc.
MIAMI, FL, United States, via ETELIGIS INC., 11/26/2014 – – Beta Music Group, Inc. (OTCQB: BEMG) ("BEMG" or the "Company"), Inc., a digital media holding company providing interactive digital marketing, social and mobile marketing, television and online programing, strategic media consulting, direct advertising and other specialty communications services to promote small businesses, today announced the continuation of their strategic expansion of Viewpon into the State of Florida.
Viewpon, www.viewpon.tv, is planning the initial launch in Miami, Florida during and will expand across Southern Florida from Fort Lauderdale through West Palm Beach. Further expansion is planned for Fort Myers, Tampa, and Orlando areas during the First Quarter of 2015. Viewpon develops relationships between small businesses and their clients through digital coupons after viewing interactive commercial videos from small businesses. After watching the digital commercial, which plays within the Viewpon network, clients receive digital coupon offers of immediate savings the small businesses. Clients can send digital reviews of their experience via social media and receive additional free coupons from the small businesses for each “view” of their review.
“As we previously announced in June 2014, Beta Music Group, Inc. completed the acquisition of Viewpon Holdings, Inc. which operates Viewpon and Sideshow Entertainment. Launched over four years ago, the Viewpon digital media and Sideshow Entertainment television production platform has created success for small businesses throughout California," stated Mr. Jim Ennis, chief executive officer of Beta Music Group, Inc. "The expansion of Viewpon to the Florida Market will increase our digital media platform which includes television production, digital commercials, online client reviews and marketing services including social media. Viewpon combined with Sideshow Entertainment’s experience in television production serving the small business sector will be a key strategic part of the Beta Music Group platform."
“The Company primary strategy of expanding Viewpon into Florida is to help in job creation and economic growth for small business across the Miami-Fort Lauderdale-West Palm Beach, Port St. Lucie, FL Combined Statistical Area (“CSA”),” stated Mr. Ennis. “Miami-Fort Lauderdale-West Palm Beach, Port St. Lucie, FL CSA comprises of Miami-Dade, Broward, Palm Beach counties—Florida’s three most populous counties—with principal cities including Miami, Fort Lauderdale, Pompano Beach, West Palm Beach and Boca Raton. This is the 10th most populous metropolitan area of the United States with total population of 6.5 million as of 2013 and is home to nearly 1 in 3 of all Florida residents. Another important factor is that nearly 2 in 3 of all Floridians were born in another state, which is important in the digital review referral programs.”
"Viewpon and Sideshow Entertainment offers interactive digital commercials, online television production, social media and mobile marketing services to small businesses," added Mr. Ennis. "Viewpon has approximately 20,000 registered users and has previously produced approximately 375 television shows and 5,000 digital media broadcasts. The Company will offer digital media, online programming, social media and mobile marketing services to small businesses across various sectors including retail, health, wellness, consulting and other sectors in the community. The digital media videos are forecasting to serve small business such as boutiques, salons, restaurants, doctors, dentists, lawyers, accountants, hotels, travel services as well as auto mechanics, plumbers and many more small businesses."
"Beta Music Group also plans to expand Sideshow Entertainment into an integrated multimedia production company that unites advertisers, producers and content creators to develop and produce content across digital, online, mobile, cable and broadcast mediums. Sideshow Entertainment, a full service television and digital media production company producing original, non-scripted programming will produce television shows in connection with Viewpon to promote small businesses across Florida. Sideshow Entertainment will create entertaining digital content across lifestyle categories including dining, hotels, and events while offering discounts for every small business featured in our shows. The television shows will develop creative content with consumer saving solutions allowing Florida small businesses to better engage with its customers through our video commercials including digital coupons. Our mission is to help Florida small businesses build deeper relationships with their clients by offering their products and services in an interactive digital platform. Viewpon will enable consumers to connect with Florida small businesses through our interactive video commercials and digital coupons. The platform plans to deliver additional levels of analytical data and strategies ensuring the businesses reach their consumers and improve their ROI. Viewpon will be a great site for Florida residents to visit and save money regarding their favorite products, services and brands."
To learn about Viewpon and our Expansion, please visit following:
Companies who are interested in learning more about the Viewpon, Sideshow Entertainment or Beta Music Group, Inc. should visit their websites listed below.
About Beta Music Group
Beta Music Group, Inc. is a digital media holding company that provides interactive and digital marketing, social and mobile marketing, strategic media planning, direct marketing and other specialty communications services. The Company provides digital, mobile, social and video content productions to promote small businesses to their clients. BEMG produces digital video commercials for small businesses and creative solutions to advertising and marketing challenges to increase company’s visibility. The Company helps local businesses find and keep more customers via strategic marketing partnerships and digital commercial promotions. Beta Music Group’s common stock trades on the OTCQB under the symbol "BEMG". For more information please visit: www.betamusicgroupinc.com
About Viewpon
BEMG’s subsidiary, Viewpon is a lifestyle entertainment show and online listing services website that features small businesses and stories across San Francisco, Sacramento, Seattle, Tahoe and the Pacific Northwest. From the coolest places to stay, play and dine, Viewpon takes viewers on a tour of all that’s best in the area where they live. Viewpon is a weekly television show and digital video content website that highlights local small businesses and fun things to do in your area and then offers those experiences at a discount. The Viewpon television show drives customers to our website where customers can view digital videos of all our small business clients. Shop Viewpon finds coolest places up and down the West Coast to stay, spa, dine and have fun while offering huge discounts, to every spot featured in our show. Viewpon offers incredible savings on awesome experiences and customers get to "View" before they purchase. Everything offered on Viewpon’s website has our seal of approval, plus deals never expire. Gift cards are also printable, so you can enjoy your adventure right away. For more information please visit: www.viewpon.tv
About Sideshow Entertainment
BEMG’s subsidiary, Sideshow Entertainment, Inc., is a full service television and video production company producing original, non-scripted programming. Founded in San Francisco in 2007, Sideshow Entertainment has produced reality-based programming featuring home makeovers, real estate, home brewing, infomercials and even a game show. Often partnering with high profile companies such as IKEA, Kelly Moore Paints, Big O Tires and Miller/Coors, Sideshow Entertainment prides itself in being able to help such high profile companies turn "branding" into compelling television. For more information please visit: www.sideshowentertainment.tv
Forward-Looking Statements
Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This release includes forward-looking statements contained within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding The Company’s expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include the words "forecast," "anticipate," "estimate," "project," "planned", "intend," "expect," "should," "believe," and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause The Company actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in The Company Filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to The Company herein are expressly qualified in their entirety by the above-mentioned cautionary statement. The Company disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law. This press release may also contain forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk we may encounter delays or other difficulties in ramping-up production of our new products; the rapid development of new technology and competing products that may impair demand or render the Company’s products and services obsolete; and other factors discussed in the Company’s filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2013 as well as all other of the Company subsequent filings. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
“We are incredibly excited to bring what we believe to be the preeminent application to market that provides a portal to assist parents and responsible adults in ensuring that their child’s virtual and social media (comprised of countless hours each day) is a safe and responsible one,” said PITOOEY! CEO, Rich Hybner.
Lodge continued, “PITOOEY! views this as a real opportunity for potential investors—who share our excitement in the Company’s view of this socially-responsible technology—as a profitable way in which to participate in positive growth. We are certainly open to discussing possible investment in our publicly traded company.”
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief, or current expectations of PITOOEY!, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond PITOOEY!, Inc.’s ability to control and their actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in PITOOEY!, Inc.’s filings with the Securities and Exchange Commission.
LOS ANGELES, CA, United States, via ETELIGIS INC., 11/25/2014 – – Grounded Development Public Relations manages and oversees communication and public relation matters on behalf of the I AM Project for Literacy.
The I AM Project for Literacy is dedicated to advocating literacy, entrepreneurship and self-accountability by inspiring the youth to aim high and respect intelligence along with themselves. It is our goal to strengthen communities and households throughout the country, and the world with intentions to convert followers into leaders and inferior minds into innovative thinkers. The I AM Project for Literacy has teamed up with Challenging Minds School of Media & Technology and Cool Kids Give to for an opportunity that encourages participants to add a significant title to their resume, a published author. Apprehensive in the beginning, the students gradually came around as they learned the process of publishing, character development, the importance of vocabulary improvement and creativity. It was a journey to say the least but from their hard work and dedication, "Spare Change" manifested.
Tuesday, December 2nd from 5pm-8pm, the first time authors and students of Challenging Minds School of Media & Technology will be signing copies of their new anthology "Spare Change" and receiving a certificate of appreciation from the City of Carson for their hard work and completion of the I AM Project for Literacy writer’s workshop and program. The event will take place at the Southbay Pavillion Mall located at 20700 Avalon Blvd, Carson, Ca. 90746.
Spare Change represents sparing change in one’s life. Life doesn’t come with an instruction manual and mistakes are common on the journey to discovering our purpose. This breakout volume, written by students from the Challenging Minds School of Media & Technology proves that everyone has a story in them. From poems to exciting short stories, these students have stepped up to the plate, challenged their writing and creative capabilities and penned an excellent collection of literary works. This book has spoken word, comedic material and drama that is filled with thought provoking endings that will pull you into their world. Spare Change vol. 1 is the perfect kick starter for this series and these students have stepped out of their comfort zone, accepted a challenge and in the process added "authors to their reputation!
Orders ofSpare Change can be purchased on Amazon.com. Additionally, if you’re interested in getting involved with the I AM Project’s campaigns and/or writer’s workshops then please visit the website. Lastly,Author RJ Tolson will also be making a special guest appearance and speaking about his journey as an author and musician. He is a world traveler, composer and businessman with a wealth of knowledge who encourages the youth to never give up on his dreams.
MONTREAL, Canada, via ETELIGIS INC., 11/25/2014 – – Solo International, Inc. (OTC Pink: SLIO) (PINKSHEETS: SLIO) “Solo International” or “the Company”, is pleased to announce its search for possible acquisitions in the surrounding area of its Philadelphia claim in order to expand its REE exploration zone. It has renewed its lease of its Quebec REE property (“the Property”) by reasons of positive re-evaluation of work and expenditures declared on the Property in past quarters.
Michael Smith CEO of The Company stated, “The renewal of our present claims is just the first step of many in the short term of moving forward with our current and future goals of development and exploration of our properties, and future potential resources."
He continued saying, "We have engaged our geologist in regards to evaluating potential acquisitions of properties with Existing Infrastructure surrounding ours. Furthermore, I like to emphasize that when it comes to the possibility of doing a Joint Venture with a larger entity or local mining concern, these are opportunities that are definitely still on the table for consideration."
The company’s geologist, Steven Lauzier, recommends an exploration program that will focus on ground radiometry to detect further apatite-REE mineralization on the Property, and suggests a re-sampling of other apatite bodies known in the area. Preliminary work carried out in the past has shown pegmatic mineralization and a high proportion of Heavy REE in these areas.
Mr. Smith concluded, “These are exciting times for our company. We are implementing an aggressive exploration program designed by our geologist, and an ambitious business plan to compliment it. We are currently in negotiations to raise the necessary financing."
The company looks forward to providing further updates on its progress in the near future.
Solo International is an exploration and development mining company with a focus on deposits of rare earth metals and rare earth elements (REEs). The Company is focused on the acquisition, exploration, production, development and potentially, the operation of mining properties in strategic bulk mineable industrial metals (such as REEs, Titanium and Phosphates) sectors of eastern Canada. All of the Company’s properties are currently at the exploration stage in Quebec. For further information please visit the Company’s website at www.solointernationalinc.com .
Forward-Looking Statement:
This release contains forward-looking statements that reflect Solo International, Inc.’s plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
SAN ANTONIO, TX, United States, via ETELIGIS INC., 11/25/2014 – – Transact Energy Corp. (OTCQB: TEGY), announced today the successful completion of Phase 1 of its Services Agreement with Fichtner Consulting Engineers Limited. The first phase provided for the feasibility analysis and preliminary design of the proposed TransAct Energy Zero Emissions Waste Optimization Plant TM (Z.E.W.O.P. TM) for Puebla, Mx. The study took six months to complete, it concluded based on design parameters that the initial Z.E.W.O.P. TM should be sized for 1320 tonnes of raw municipal solid waste and would be capable of processing the same without emissions to air land or water. The report goes on to establish the mass and energy balance of the waste and consumable’s going into the plant versus the products coming out, the high level CAPEX/OPEX, and the risks associated with developing a large industrial facility of this nature.
The report specifically concluded through the mass and energy balance study that 18 different product streams including water, fuels, waxes, sugars and carbon would be produced by the plant. Provided TransAct is able to maintain the commercial quality of these products during Z.E.W.O.P.TM processing and observing Fichtner OPEX, gross profits should be in the realm of $243 Million per annum subject to commodity fluctuations.
“After our Phase One Engineering review we are comfortable the TransAct Z.E.W.O.P.TM design will deliver a zero emissions solution to waste processing,” says Duncan Abernethy, Business Development Director, Fichtner Consulting Engineers Limited. “After TransAct and Fichtner working through the final design, construction, debugging and commissioning we will be able to say we are 100% there.”
“We are now in the process of presenting the Fichtner findings to the City of Puebla and the Puebla Waste Consortium,” says Rod Bartlett, President and CEO of TransAct Energy. “This is a huge milestone in the life of the Z.E.W.O.P.TM, the elimination of landfills and incineration.”
About Fichtner Consulting Engineers
Fichtner is one of the world’s leading independent engineering consultancy firms. Founded in 1922, the group has over 2,000 staff, with offices in 50 countries, and with project experience including technical advisory and project management services in more than 160 countries.
Fichtner offers a unique combination of technical, contractual and financial skills, with a core expertise in process, combustion and thermal cycle engineering. It has a proven capability of identifying; mitigating and managing the risks associated with complex process and power generation projects.
About TransAct Energy Corp.
TransAct Energy Corp. is a Nevada organized company trading on the OTCQB as TEGY. TransAct has set out to eliminate the impact of humans waste on the environment by capturing all of the resources in our refuse using innovations in process and technology. We do this by developing and implementing technologies that provide useable energy in sustainable ways.
Visit TransAct’s website www.transactenergycorp.com, follow them on twitter transactenergycorp@transactenergyc and contact them for more information about Transact Energy.
Safe Harbor
This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking
COLORADO SPRINGS, CO, United States, via ETELIGIS INC., 11/25/2014 – – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) declares its monthly instituted dividend of $0.01 per common share for November 2014 payable on December 23, 2014 to shareholders of record as of December 11, 2014. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.
The Company has returned over $100 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends and take delivery in physical gold and silver. For more information on Gold Resource Corporation’s physical dividend program, visit the Company website at http://goldresourcecorp.com/gold-silver-dividends.php.
Dividends may vary in amount and consistency or be discontinued at the Board of Directors’ discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Cautionary Statements below and the Company’s public filings with the U.S. Securities and Exchange Commission.
About GRC:
Gold Resource Corporation is a mining company focused on production and pursuing development of gold and silver projects that feature low operating costs and produce high returns on capital. The Company has 100% interest in six potential high-grade gold and silver properties in Mexico’s southern state of Oaxaca. The Company has 54,179,369 shares outstanding and no warrants. Gold Resource Corporation offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery. For more information, please visit GRC’s website, located at www.Goldresourcecorp.com and read the Company’s 10-K for an understanding of the risk factors involved.
Cautionary Statements:
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan”, “target”, "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation’s strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company’s actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the Company’s 10-K filed with the SEC.
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