ESYM, EVRN, AMNE, SYNJ, NXPN, CWRN Stocks to Watch for Friday, July 31st from OTCPicks.com
Our Stocks to Watch tomorrow include EcoSystem Corporation (OTCBB: ESYM), Everock Inc. (OTC: EVRN), American Green Group Inc. (OTC: AMNE), Syndication Inc. (OTC: SYNJ), Northern Explorations Ltd. (OTCBB: NXPN) and Cotton & Western Mining Inc. (OTC: CWRN).
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ECOSYSTEM CORPORATION (OTCBB: ESYM)
"Up 425.00% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/ESYM.php
EcoSystem’s ambition is to become a leading low-cost and low-carbon producer of renewable fuels by acquiring and upgrading existing corn ethanol facilities with technologies designed to increase the yield and to reduce the energy consumption and carbon intensity of refining fuel out of corn.
ESYM News:
July 30 - EcoSystem Executes Agreement for $76 Million in Equity Financing
EcoSystem Corporation (OTCBB: ESYM) announced its execution of agreements for the sale of EcoSystem preferred stock and warrants to purchase common stock to five investment funds for $76 million.
Funding under the agreements is expected to occur prior to August 5, 2009 upon the satisfaction by EcoSystem of pre-funding conditions. The funds will be held in a restricted EcoSystem account and will be available for use according to the use of proceeds schedule and other conditions specified in the agreements.
EcoSystem will use the investment proceeds to acquire distressed ethanol production facilities, to acquire other strategically-compatible assets, and to develop and integrate EcoSystem’s Cellulosic Corn™ technologies into EcoSystem’s planned ethanol production facilities.
EcoSystem’s goal is to achieve an annualized renewable fuel production rate of 500 million gallons per year within three years, and to demonstrate market leadership by using its technologies to refine more fuel out of corn for less cost on reduced energy consumption and carbon emitted.
Detailed information regarding this investment is available online at www.eco-system.com in EcoSystem’s July 30, 2009 Form 8K.
Cellulosic Corn™
The corn ethanol industry contributed over $65 billion to the GDP by offsetting 7% of
EcoSystem’s view is that the established first generation corn ethanol infrastructure is the only practical pathway in
EcoSystem’s portfolio of patented and patent-pending Cellulosic Corn™ technologies are designed to achieve the following key goals:
* Increase the net energy balance of biofuel derived from corn;
* Increase profitability of corn ethanol;
* Decrease amount of petroleum burned to make corn derived biofuel;
* Increase the nutritional content of corn ethanol co-products;
* Reduce, reuse and recycle the carbon emissions of corn ethanol production;
* Diversify the biomass mix accepted and produced by traditional corn ethanol facilities;
* Decrease the commodity and financial risk profile of corn ethanol;
* Standardize corn-friendly cellulosic technology by building on the existing corn ethanol complex; and,
* Enhance the competitive positioning of corn ethanol in the domestic and global markets.
EVEROCK INCORPORATED (OTC: EVRN)
"Up 150.50% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/EVRN.php
Everock, Inc. produces a line of all-natural natural gourmet vegetable dips and sandwich spreads marketed under the Nature's Peak brand. Both VeggieDip and VeggieSpread are 100% all-natural, vegetarian, Kosher and gluten-free, contain no preservatives, artificial ingredients, trans-fats, or sugars. And each product currently comes in six flavors each, including novel delicious flavor combinations. Nature's Peak products may be found in natural food stores, specialty groceries as well as in regional and national grocery chains. Our products are also served by restaurants, delis and other food service providers across
EVRN News:
July 30 - Tree of Life, a Leading National Specialty Food Distributor Servicing over 10,000 Stores, Agrees to Represent Nature's Peak All-Natural Products
A national distribution agreement for Nature's Peak all-natural food products now exists between Everock, Inc (Nature's Peak) and Florida-based specialty food distributor Tree of Life, Inc.
Everock, Inc. (OTC: EVRN) announced it has forged a national distribution agreement for its Nature's Peak product line with St. Augustine, Florida based national specialty food distributor Tree of Life, Inc.
Tree of Life, Inc. is a leading marketer and distributor of organic, natural and specialty foods, serving customers throughout the
Eleven-hundred Tree of Life field sales associates serve more than 10,000 retailers including, health food stores, gourmet shops, major supermarket chains, and mass-market merchants.
"Tree of Life has a long and successful history of meeting the needs of the growing numbers of people who choose a health-conscious lifestyle," said Paul Wilkinson, CEO of Everock/Nature's Peak. "And that's why the Nature's Peak all-natural VeggieDip and VeggieSpread products fit so well with the Tree of Life product mix."
"We welcome this exceptional opportunity offered by Tree of Life. We hope to introduce Nature's Peak products as an exciting alternative to mayonnaise to a wide range of consumers. Plus, we'll also have a chance to be on shelves at a diverse group of new retailers; from specialty groceries to mass marketers, like Wal-Mart."
AMERICAN GREEN GROUP INCORPORATED (OTC: AMNE)
"Up 62.50% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/AMNE.php
AMNE is moving into the six billion building insulation business by becoming a cutting edge chemical sales company. The company is creating a new, wholly owned subsidiary to operate this business which will be headed by Terry Mixon, who plans on implementing this business strategy by using the web, mailing, telephone marketing, and television advertising campaign to grow our associate applicator membership to at least 5 distributor companies in each state. AMNE will begin by recruiting known successful application companies in each state then begin a web-based associate membership drive. The corporation will offer equipment, training and great pricing plus marketing support through the web program to all new associates.
AMNE News:
July 30 - AMNE and Florida Sales Company Expand Agreement to Include Infinite R
American Green Group, Inc. (OTC: AMNE) (www.americangreegroup.com) announces it has a signed a licensing deal with Ecosafe Insulation of Florida, LLC (ECOFL) to market "Infinite R," in the State of Florida. AMNE would also like to remind shareholders Friday is the shareholder of record date as issued by FINRA for the 5 for 1 forward split. In order to receive the dividend, you must be a shareholder of record on the close of that day.
AMNE has granted ECOFL licenses in 5 of Floridaorida's biggest counties to market Ecosafe Foam and felt it was a natural fit for ECOFL to market Infinite R at the same time. ECOFL has retained a local law firm to assist the company in getting the State of
ECOFL will become a manufacture of the Infinite R so it can distribute the product easily throughout the state. With the help of AMNE, they are actively seeking machinery to purchase and setup a facility.
ECOFL has ordered a Sprinter truck from AMNE which is being outfitted with spray gear for the Ecosafe Foam and is expected to be delivered by mid August. ECOFL has retained a local PR company to help launch both products after the truck arrives with a media event scheduled which will feature a demonstration of both products to help launch both products in
ABOUT INFINITE R
Infinite R controls the temperature differential across the R-value. If the temperature difference can be kept low then the heat flow across any R-value is also kept low. If the temperature difference, sometimes referred to as Delta T, equals zero then zero heat flow occurs. Using this new patented technology, zero heat flow conditions have been witnessed even when large temperature differentials existed between the two spaces.
SYNDICATION INCORPORATED (OTC: SYNJ)
"Up 60.87% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/SYNJ.php
Syndication, Inc., a development stage company, operates as a consulting company in the
SYNJ News:
July 30 - Syndication Inc. Announces Mac Marshall Jr. Merged Pinnacle Energy with Sentinel Renewable Energies in
Syndication Inc. (OTC: SYNJ) reports that McCutcheon Marshall Jr., President and Chairman of the Board for Pinnacle Energy Inc., the wholly owned energy subsidiary of Syndication Inc., launched phase 1; Bio-Diesel, of the Sentinel Renewable Energy program in South Carolina, (Sentinel Renewable Energies S.C. Inc.). The Company reports that the launch of the South Carolina 75,000 square foot Bio-Diesel facility is the first phase of a 3 phased commitment which includes wind and solar and was originally entered into as an LOI between the Companies 4 months ago in late March of this year.
The Officers, Directors, and Advisory Board of SRE S.C. Inc., include: McCutcheon Marshall Jr. as the President and Chairman of the Board, Brian Sorrentino as the CEO, Mark Solomon as the Executive Vice President, Howard Siegel as the Secretary, and Mrutyunjaya Chittavajhulas as the Chief Financial Officer & Treasurer. The Advisory Board includes: Member Perichyappan Senthilnathan, Member Kabir Ratnani and Member Nicholas Ng. As a point of legal disclosure SRE S.C. is in a contractual relationship and/or shares advisory board members with Methes Energies Canada Inc. Methes Energies is located in the Mississauga Province of Ontario, Canada and is in the business of developing, marketing and selling turnkey continuous flow bio-diesel processor systems named "the Denami 600," and Sun Si Inc., a TCS production and shipping Corporation located in Zibo, China and is engaged in the solar power energy industry.
When asked to comment on the merger Marshall Jr. said, "The only specific comment I have on the merger, is that I think it's great. It has allowed us to accelerate the developments of the Company and achieve goals much faster then we originally anticipated. However, as far as I understand, it was done some time ago. It's the corporate policy style to let internal developments of the Company season a bit before releasing news. Corporate structure is the responsibility of Mr. Sorrentino the CEO of Pinnacle/SRE S.C. and Syndication. My responsibility is to manage the federal, state, and local financing that we are currently engaged in as well as overseeing the general implementation of the Company's business plan. Over the last 4 months we have engaged in supply contracts, 'Cost Plus' off take agreements for 90% of our bio-diesel production with private, government and military agencies, warehouse and land purchases, local trucking and transportation, local S.C. live and dry farming industry, and most importantly the grant study requirement relationships with major South Carolina collagen institutions, all of which, for strategic purposes, Mr. Sorrentino wishes I not name at this time. As the legal department becomes comfortable it will allow me to release the details of these relationships, including the financing, but, not before," said Marshall Jr., President of Sentinel Renewable Energies S.C. Inc.
When Mr. Sorrentino, the CEO of Syndication was asked to comment on the merger he stated, "Mac has assembled a 'World Class Team,' why is anyone surprised? We are equipped with every tool needed to succeed. The technical, financial, (federal, state, private and public), legal, and political (Senators, Congressmen, Governors) pieces are on board. Mac moves fast. In just 4 short months he has launched the Bio-Diesel Phase of the program and has me working on Phase 2. It seems T Boone has a bunch of wind turbines with no homes and his garage is too small to store them. As the Appointed Co-Representatives of Maryland's 6th District of the Pickens Energy Project, can you see what Mac and I see? We might be able to find homes for a few of them," said Sorrentino, CEO of Syndication Inc.
NORTHERN EXPLORATION LIMITED (OTCBB: NXPN)
"Up 40.82% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/NXPN.php
Norex Energy (Northern Explorations Ltd.) is an energy exploration company currently developing natural gas projects across
NXPN News:
July 30 - Northern Explorations Announces Spud Date for the
Northern Explorations Ltd. (OTCBB: NXPN) ("Northern," "Norex" or the "Company") announced that it received notice that its working interest partners that the project operator has reserved a drilling rig and plans to mobilize and spud the first well in the Randall Island gas prospect during the week of August 21st.
As previously announced, the first well of the program is planned to target the apparent 50 feet of net pay at a depth of 7,800 feet. Should the target prove to be 100% gas filled and is commercially viable, this first well has a projected initial production rate (I.P.R.) of 2,000 to 4,000 MCF per day, from an estimated 3.6Bcf gas pool.
If the well is successful, the operator plans to tie into an existing pipeline that is less than 1/2 mile from the site, and the gas customer will be PG&E Citygate.
COTTON & WESTERN MINING INCORPORATED (OTC: CWRN)
"Up 29.87% on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/CWRN.php
Cotton & Western Mining, Inc. was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior "Iron Mineral Mining" company. Cotton & Western Mining's mission is to offer reliable, high-quality and cost effective raw materials to the steel manufacturing industry on a global scale.
CWRN News:
July 30 - Cotton & Western Mining CEO Explains Board of Directors Realignment of Share Structure
Cotton & Western Mining, Inc. (OTC: CWRN) President, C.E.O. and B.O.D. Chairman Robert L. Cotton Jr. announced today that two of the company's affiliate shareholders have returned 2,995,000,000 restricted shares for cancellation. Mr. Cotton stated, "We have been inundated with e-mails and phone calls by our shareholders who have been concerned and somewhat confused by the large outstanding share count of the company. Many of our shareholders have asked if the company has any plans for a reverse split, there is not and should not be any reverse splits in the future as the company will begin a stock buy-back program once production starts on the Baja Pacific Iron Ore Mining Project. I will try my best to explain how and why we issued those shares to begin with.
"In the fall of 2008 we had executed a first stage agreement (a memorandum of understanding) with a Chinese investment group to join with us in the development of our Baja Pacific Iron Ore Mining Project; it was decided by all parties to wait until after the Olympics to sign the final terms and conditions contract. During this period of time, the Chinese Government had closed many steel mills to reduce air pollution in northern
"As a part of the offer to finance the Baja Pacific Mining Project, the Chinese group would receive a large block of CWRN restricted shares; however, our board of directors was concerned about losing the voting control of our common shares and by unanimous consent voted in favor of the insiders and affiliates to keep in place at all times a three to one common shares voting majority; thus, the company's outstanding share count increased to cover both the SEC ten percent rules for issuing new shares and position the company's founders to maintain control of the company.
"Effective as of July 30, 2009 the following share structure of CWRN." As stated by Mr. Cotton:
Authorized Common Shares: 6,000,000,000
Issued and Outstanding Shares: 2,308,601,980
Issued and Restricted Shares: 2,009,297,818
Issued and Free Trading Shares: 299,304,162
Issued and Free Trading Shares Held in Electronic Trade Accounts: 173,763,364 as per the latest Depository Trust Corporation (DTC) Report
Issued and Free Trading Shares not Controlled by Insiders or Friendly Shareholders, approximately: 55,000,000
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