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Tauriga Sciences Inc. Signs Exclusive North American License Agreement With Green Innovations Inc. for Commercialization of Bamboo-Based “Tree-Free” Products Including Hospital Grade Biodegradable Disinfectant Wipes


SAN FRANCISCO, June 4, Jun 04, 2013 (GLOBE NEWSWIRE via COMTEX) — Tauriga Sciences Inc. (OTCQB:TAUG) (”Tauriga” or “the Company”), a life sciences company creating a diversified portfolio of medical technology assets, novel medical devices and consumer healthcare, is pleased to announce the execution of an exclusive license agreement (”License Agreement”) with Green Hygienics, Inc. (”Green Hygienics”), a wholly-owned subsidiary of Green Innovations Ltd. (OTCQB:GNIN) (”Green Innovations” or “GNIN”), to market bamboo-based 100% tree-free medical products to the North American commercial marketplace. This License Agreement was executed May 31, 2013 and is valid for a duration of 5 years. Under the terms of the License Agreement, Tauriga will realize the potential revenues generated from sales in North America, however the net profits will be split equally (50% each) between the two companies. Additionally, Tauriga shall receive an equity stake in Green Innovations amounting to 625,000 shares of restricted common stock, in consideration for both the paid in capital and joint marketing efforts. Complete terms and conditions of this License Agreement will be disclosed in a Form 8-K to be filed by the Company in the next few days.

The Company anticipates that the initial revenues (pursuant to this License Agreement) will be generated during calendar year 2013; however at this point in time, it is premature to establish any type of revenue or earnings guidance. The initial $65,000 payment from Tauriga (due at signing) has been paid to Green Innovations, so the Company has already acquired 162,500 shares of GNIN and fully expects to acquire the entirety of the 625,000 shares pursuant to the license agreement.

Tauriga’s CEO, Seth M. Shaw, stated, “By entering into this License Agreement, the Company has positioned itself to generate revenues through the marketing of a high quality product line with substantial social benefits. After extensive due diligence, management is confident in Green Hygienics’ manufacturing infrastructure as well as the potential market acceptance of such products in the marketplace of the North American continent. We are also pleased to become shareholders of Green Innovations, through this agreement, because it bolsters our balance sheet and we believe strongly in the business prospects of their company and management team.”

According to the American Hospital Association (AHA), as of 2011, there were 5,724 registered U.S. hospitals and, according to the U.S. Census Bureau Statistical Abstract of the United States: 2012, as of 2009, there were 15,700 nursing homes in the U.S. with approximately 1.4 million residents.

About Tauriga Sciences

Tauriga Sciences, Inc. (OTCQB:TAUG) is a life sciences company that focuses on proprietary biotherapeutics and diagnostics, novel medical devices and consumer healthcare. The mission of the Company is to acquire and build a diversified portfolio of medical technology assets that is capital efficient and of significant value to the shareholders. The Company’s business model includes the acquisition of licenses, equity stakes, rights on both an exclusive and non-exclusive basis, and entire businesses. Management is firmly committed to building lasting shareholder value in the short, intermediate, and long terms. The Company’s new corporate website can be found at www.taurigasciences.com.

About Green Innovations Ltd.

Green Innovations Ltd. (OTCQB:GNIN), through its wholly-owned subsidiary Green Hygienics, Inc., is the exclusive licensed North American distributor of American Hygienics Corporation’s 100% tree-free bamboo-based product line, including personal care and paper-based goods. The Company provides consumers the opportunity to enjoy high-quality and performance eco-friendly goods from dedicated experts that have been producing bamboo products for over a decade, along with the cost-benefit of local raw material manufacturing, and the satisfaction of knowing that by using these products they are doing their part to reduce their carbon footprint and to continue the movement towards a more healthy and sustainable planet.

DISCLAIMER

Forward-Looking Statements: Except for statements of historical fact, this news release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on TAUG’s predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors over which TAUG has little or no control. Such forward-looking statements are made only as of the date of this release, and TAUG assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by TAUG with the Securities and Exchange Commission.

This press release does not and shall not constitute an offer to sell or the solicitation of any offer to buy any of the securities, nor shall there be any sale of the securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws, and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Securities Act and applicable state securities laws.

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Q Lotus Holdings Inc. – QLTS


A DIVERSIFIED FINANCIAL SERVICES HOLDING COMPANY

Q Lotus Holdings, Inc., is a diversified financial services holding company which provides financing and acquires growing companies in which we believe our management participation in operations can create additional value. Our principal investment focus is to provide equity and debt capital to growing and middle-market companies with increasing cash flow and escalating income in the following areas:

  • Finance
  • Real Estate
  • Mining

We are investing in companies with strong leadership and future growth potential. All of which encompass a business model with future cash flow, attractive exit strategies, and will provide reported income for Q Lotus. Some of these companies will immediately generate cash flow for the Company based on their established operating history. The cash flow will be used to meet our obligations and reinvest in our businesses.

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Wrapmail, Inc.


WRAPMail, Inc. (WRAP) is a publicly traded company incorporated in Florida in October 2005. The basic idea behind WRAPmail is to utilize the fact that almost everyone has a website, social network site(s) and also sends emails every day. These emails can become complete marketing tools and help promote, brand, sell and cross-sell in addition to drive traffic to the websites and help conduct marketing research (through tracking analysis). WRAPmail is available for free (with 3rd party ads) or for a license fee. No routines change as users simply download a toolbar or route emails via Google or WRAPmail’s servers. While the focus is on one-and one emails WRAPmail also offers an Enterprise solution where clients can send unlimited email campaigns using the same technology that avoids the RED X when emails arrive. Our solutions are built so that recipients see images right away and are not as quick to discard the email due to the lack of seeing anything enticing or for being afraid of viruses when they would otherwise download the images.

WRAPmail’s revenue models are Advertising Revenue through our own Ad Network where users can advertise in other users emails (predominantly in the free users emails), license fees from ad-free and Enterprise clients and Affiliate revenue from Super Affiliates. WRAPmail is a Google Apps vendor and also compatible with Google Analytics.

Furthermore WRAPmail helps search for missing children with every email sent by free users by incorporating an RSS feed from the Center for Missing and Exploited Children – see Huffington Post article by clicking here.

Contact Information:

General information: info@wrapmail.com>

Support: support@wrapmail.com – For urgent issues please click “Chat With Us” above.
Sales: sales@wrapmail.com
Investor Relations: ir@wrapmail.com
Phone: (415) 938-7978

SOURCE: http://www.wrapmail.com/aboutus.html

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1st NRG Corp – FNRC


1st NRG Corp. (OTCBB: FNRC.PK) is an exploration and production company headquartered in Denver, Colorado whose activity to date has been centered on development of the Clabaugh Ranch Field, a project developing and producing coal bed methane reserves (CBM) located in the Powder River Basin of Wyoming.

The targeted coal seams in the Powder River Basin are part of the Tongue River Member of the Fort Union formation and have been extensively mapped as natural resource developments and exploration have occurred throughout the region. Industry data from many wellbores drilled by others, allow the Company to estimate the extent, thickness, gas saturation, formation pressure and relative permeability of the coal seams. This reduces (but does not entirely eliminate) the risk of drilling unproductive wells. The Company has experienced a 100% success rate at Clabaugh Ranch where the 42 drilled wells have encountered developed coal seams in the Werner, Upper and Lower Smith, Wyodak/Anderson Lower, Gates and Wall formations. Well log analysis of the drilled wells demonstrates gross pay zones of approximately 150-200 feet, the most significant of these being the Werner, Wyodak/Andersen, and Gates coals. Clabaugh Ranch is about 20% developed; currently the 42 drilled wells are commingling gas produced from three coals – the upper and lower Smith, and the Wyodak/Anderson. In total the Company has identified 515 separate coals seams for development of which only 126 (42 wells X 3 seams) have been completed. There are 8 permitted locations for future development and acreage for 28 additional locations which will be permitted in the future.

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MIMVI inc – MIMV


ABOUT MIMVI

Headquartered in Sunnyvale, California, Mimvi, Inc. (MIMV) is a leading mobile search and discovery technology provider. Its proprietary search and “intelligent” recommendation algorithms enable the search and discovery of Mobile Apps, Mobile Content and Mobile Products across multiple devices and platforms, including: Apple’s iPhone and iPad, Google Android, BlackBerry, Windows Phone, Facebook and web applications. For more information, please visit: http://www.mimvi.com.

Capitalizing on the Mobile Market

This is an exciting time to be in the mobile business.
Mobile Apps have become the new “websites” and Mimvi enables the discovery of the most relevant Mobile Apps, Mobile Content and Mobile Products through a single unified search interface. As a search engine technology company, Mimvi is perfectly positioned to capitalize on the unprecedented growth and fragmentation that exists in the mobile industry. This growth strategy includes targeting key markets, including China.

With the current count of almost 1,500,000 Mobile Apps available to consumers, and growth at never-before-seen levels, Mimvi provides investors the only publicly traded search engine for all Mobile Apps, Mobile Content and Mobile Products, regardless of platform, device or content.

Spotlight CEO, Michael Poutre

Mike is a 20 year veteran of the securities industry. His experience ranges from working at some of the largest wire house firms in the world, to having owned his own broker-dealer. Mike has many years of experience in the capital markets as a portfolio manager, and has been cited or featured in numerous premier financial publications, including Forbes, Business Week, The New York Times and The Los Angeles Times.

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Wells Fargo CEO disagrees with shrinking big banks


Wells Fargo & Co. WFC -0.80% Chairman and Chief Executive John Stumpf shot down the hotly debated notion of too-big-to-fail and noted big banks like Wells Fargo are positioned to help grow the U.S. economy.

Wells Fargo is the nation’s fourth-largest bank–J.P.Morgan Chase & Co. (JPM) is the biggest–and the top mortgage lender.

“All banks add value and big banks have unique resources and capabilities to help the economy,” Mr. Stumpf said during a conference call following the bank’s first-quarter earnings report on Friday. “Some claim that we receive a subsidy or have an unfair advantage from being perceived as too big to fail. We disagree.”

Instead, Mr. Stumpf said, the top priority for the country “is restoring economic health to America including consumers and businesses large and small.”

As for banking regulations, he said, “There are ongoing discussions about the need for more regulation and other changes. We do not need additional legislation aimed at big banks.”

“We need to give existing regulations a chance to work, especially now, when all of our energy should be focused on creating growth and new jobs,” Mr. Stumpf said. Most of the criticism by those who demand big banks to be broken up focus on banks with large capital market operations, like J.P. Morgan and Citigroup Inc. (C).

Mr. Stumpf said “the momentum from the housing rebound during 2012 has remained strong in the early months of 2013.”

“Our near term outlook is for steady gains in home sales, building activity and price appreciation.”

Wells Fargo has been an active acquirer, and will continue to buy businesses and loan portfolios. “We’re still interested,” particularly in the wealth management and brokerage business, he said. “But I don’t see that as a huge draw on our capital.”

Revenue from the mortgage business declined in the first quarter, as did mortgage originations, but Chief Financial Officer Timothy Sloan said the bank had expected that. “We could not be more pleased with the performance of our mortgage business,” he said.

“We started this quarter with a fairly strong [mortgage] pipeline at $74 billion,” Mr. Sloan said. “So the business continues to be strong.”

Because home buying is picking up, mortgage originations might not decline as fast as some analysts thought, Mr. Sloan said.

SOURCE: http://www.marketwatch.com/story/wells-fargo-ceo-disagrees-with-shrinking-big-banks-2013-04-12

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Carbon Credits International, Inc .- CARN


Carbon Credits International is a full-service mobile application service provider and Mobile marketing agency. Through TextADay.com and Text4Faith.com we provide solutions that allow their clients to conduct business transactions, accept donations and engage in targeted communication campaigns with their customers/donors through mobile devices.

About Text-A-Day

Text-A-Day is a state of the art mobile technology company and full-service mobile marketing agency. The company operates a best-in-class mobile commerce and communications platform specifically designed to serve the needs of the mobile aspect of your business. Text-A-Day makes any campaign or product instantly interactive via the mobile phone across all media channels. This functionality allows their sers to conduct business transactions, accept donations and engage in targeted communication campaigns.

The Text-A-Day platform was built through a combination of internal development and strategic partnerships enabling their lients to use the mobile channel to raise money through mobile donations and facilitate the sale of goods and services to mobile users through text message, mobile web enabled checkout and smart phone applications.

They conduct business in a manner that aligns with their core values and the values of their lients, operating as a socially-conscious business and responsible member of the community.

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CN resources, Inc – CNRR


CN RESOURCES INC. (“the Company”) was incorporated in the state of Nevada of the United States of America. The Company is in the business of exploration, acquisition and development of coal assets in the world and with a particular focus on coal sector in China.

CN Resources is actively seeking coal projects in China with significant ‘blue sky’ potential that the Company can optimiza the assets, augment the assets value prudently and bring wealth to their shareholders.

The Company takes a disciplined and managed risk approach to its development with a view to long-term sustainable value creation and shareholder rewarding experience.

Their Business Approach

Their value creation approach is based on following a number of basic principles with discipline. We will initially focus on exploration with oppotunistic and strategic acquisitions to augment their company value, maintain flexibility and control allocation of capital wisely at the same time. We endeavour to maintain financial strength by striving to be an efficient and effective coal producer in the near future.

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Novagen Solar Inc – NOVZ


Novagen Solar Inc. (Novagen) designs, develops, manufactures and markets products, materials and technologies that provide clean technology solutions for today’s global challenges. We are focused principally on the energy, environmental and infrastructure markets.

Originally formed in 2005 as a mineral exploration company, Novagen began to pursue opportunities related to photovoltaic solar energy in 2009. Following a change of control in December 2011, we expanded the scope of their business to include the development of products for commercialization in the areas of solar energy, bio fuels, low-carbon emission engines and other green technologies.

As part of the change of control and expanded scope of business, Novagen began operations in Australia. Novagen operates machine shops, design and development facilities, manufacturing and assembly facilities and sales and service through retails outlets in Australia.

Novagen facilitated its expansion into Australia through acquisitions and the formation of wholly owned subsidiaries. The management team and staff at Novagen have expertise in engine development, sales and service, aerospace product development, oil exploration and search, mining equipment and infrastructure product development, accounting and corporate management.

Novagen Pty Ltd was incorporated in Australia on the 3rd January 2012 as a wholly owned subsidiary of Novagen Solar Inc. based in Helensvale, Queensland.

Novagen Solar Inc. acquired Renegade Engine Company Pty Ltd on the 25th June 2012. Renegade is in the business of the design, development and manufacture of V-Twin motor cycle engines, custom motorcycles and related urban clothing under the Renegade brand.

Novagen Solar Inc. acquired Y Engine Developments Pty Ltd on the 14th June 2012. Y Engine Developments owns the rights and patent-able rights to the opposing piston divaricate cylinder twin crank journal engine embodiment.

Company Website:

§ Website: http://www.novagensolar.com

§  Phone: 310-994-7988

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Harvey-Westbury Corp.- HVYW


Harvey Westbury Corp. has been manufacturing, packaging and distributing quality products for the automotive and marine markets for over 30 years. Their Easy-Test DIY tools and kits, their Garry’s Royal Satin Wax and their Diamond filter line are quality products designed to perform to the highest standard while being attractively priced. Their ain warehouse facility and administrative offices are located in Paterson, New Jersey U.S.A. Harvey Westbury Corp also specializes in private label packaging of it’s products for both the automotive and marine industry.

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