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Rubicon Financial Incorporated (OTCBB: RBCF) Up 20.00% on Wednesday
Detailed quote: http://beaconequityresearch.com/RBCF
December 05, 2007 - Rubicon Financial Incorporated Announces $2,000,000 Financing
Rubicon Financial Incorporated (OTCBB: RBCF) today announced the closing of a strategic private placement from American International Industries, Inc. (NasdaqCM: AMIN) for an aggregate of $2,000,000 through the sale and issuance of 1,000,000 shares of Rubicon's restricted common stock at a purchase price per share of $2.00.
"This strategic investment further augments our ability to implement our business model and growth as a diversified financial services company," said Rubicon CEO, Joe Mangiapane. "It is greatly rewarding to see our hard work and effort gain such recognition, as evidenced by the faith and confidence AMIN has shown in our business model through this investment."
AMIN invested $1,000,000 in cash and issued 200,000 shares of its restricted common stock to satisfy the purchase through the execution of a securities purchase agreement. Cash proceeds from this financing are anticipated to be used by Rubicon for general working capital and funding of new financial service divisions. Rubicon currently intends to hold the AMIN shares as an investment.
Anpath Group Inc. (OTCBB: ANPG) Up 7.40% on Wednesday
Detailed quote: http://beaconequityresearch.com/ANPG
December 05, 2007 - Anpath Group, Inc. Announces Progress in Korean Market
Anpath Group Inc. (OTC Bulletin Board: ANPG), reported today that its wholly-owned subsidiary, EnviroSystems, Inc. (ESI) has made substantial advances in the Korean market.
The Company previously announced that ESI had entered into an agreement with Clebio, a Korean company headquartered in
In parallel, ESI and Clebio, with the assistance of regulatory consultation in
"We are very pleased with our early progress in the Korean market, and in particular our relationship with Mr. Cho and Clebio. We expect EnviroTru(TM) to be successful in
Dynamotive Energy Systems Corporation (OTCBB: DYMTF) Up 6.83% on Wednesday
Detailed quote: http://beaconequityresearch.com/DYMTF
December 05, 2007 - First Commercial Plant in
Dynamotive Energy Systems Corporation (OTCBB:DYMTF), and its subsidiary, Dynamotive USA, Inc., announced its plans to invest US$24 million to build the first fully commercial industrial biofuel plant in the
The modular, second-generation biomass-to-biofuel plant is designed to use Dynamotive's proprietary "fast pyrolysis" process to convert 200 tons per day of wood by-products and residues from nearby sawmills into 34,000 gallons per day of BioOil(R). Commercial terms have been agreed and signed with local feedstock providers to supply the plant.
Development and construction of the plant will be implemented by Dynamotive's
An initial burn of BioOil from Dynamotive's commercial plant at
The initial burn would be preparatory to its adoption of BioOil as a primary fuel, and the opening of the
Lt. Col. (Ret.) William C. Holmberg, Chairman of the Washington-based Biomass Coordinating Council and a pioneer of the renewable fuels industry, hailed the plant announcement as "an important step towards releasing
Dynamotive's President and Chief Executive Officer Andrew Kingston noted: "This first
All of the above transactions currently remain subject to negotiation and execution of definitive agreements and to securing sufficient project capital. Accordingly, there can be no certainty in respect of the Company's ultimate participation rights in the project, nor of actual completion of them at this time.
Sequiam Corporation (OTCBB: SQUM) Up 6.98% on Wednesday
Detailed quote: http://beaconequityresearch.com/SQUM
December 05, 2007 - Sequiam Commences Initial Production of Biometric Hardware Kits for Fujitsu
Sequiam Corporation (OTCBB: SQUM), a leading provider of innovative consumer and commercial identity-management technologies and services, announced today that production is underway on several versions of the new biometric hardware kits for Fujitsu. These kits will be used in multiple applications, including Novell� eDirectory(TM), enabling NMAS Authentication for client and server login. They will also be used for secure access to http://www.annesdiary.com/, the world's first secure social networking site for children, which utilizes Novell eDirectory.
Sequiam will produce the USB fingerprint authentication login devices, which employ the Fujitsu fingerprint sensor ICs such as the MBF320 Sweep Sensor� and MBF200 single touch sensor. Sequiam will also be producing the packaging for both Novell eDirectory login kits and Anne's Diary kits. The first 10,000-unit order is projected to ship by the end of 2007.
"We chose Sequiam for its ability to produce low-cost, quick-to-market, high-quality biometric hardware that fits our sensor ICs perfectly," said Keith Horn, Chief Operating Officer of Fujitsu Microelectronics
The biometric login sensor technology has been designed by Sequiam to replace smart cards, tokens, usernames and passwords as authentication methods for users. The technology is supported on Novell eDirectory running Windows, Linux and NetWare. The reader, produced by Sequiam, will come in two versions, a single-touch sensor and sweep sensor technology.
Nick VandenBrekel, Chief Executive Officer of Sequiam Corporation, said: "This innovative product is just one of the many synergies between Fujitsu and Sequiam. We look forward to a long relationship with Fujitsu and will continue to bring convenient identity-management solutions to the consumer."
Detailed quote: http://beaconequityresearch.com/CNOA
December 05, 2007 -
China Organic Agriculture, Inc. (OTCBB:CNOA), a growth-driven agricultural and products company leading China's organic foods revolution, today announced that its new business model would continue to produce strong growth through 2008 and beyond. Recently China Organic Agriculture announced a 500% increase in forecast revenues and an over 400% increase in forecasted net income. Several key sales agreements signed by the Company have led to the sharp increase in forecast income. This has allowed the Company to significantly increase production and get more of its flagship product, green and organic rice, to market quickly. The Company is firmly committed to expanding operations and increasing earnings and has already set in motion several initiatives to expand capacity and extend its reach into other fast-growing economies in
"We are very comfortable and confident that our forecasted revenue and profit growth are right on target. At this time we are looking at several more initiatives that will allow our Company to continue a pattern of strong growth for several years to come. And, we expect to announce more positive developments in the coming weeks," said Huizhi Xiao, Chairman of China Organic Agriculture. "We are sure that our shareholders will be pleased with our current and future developments. It is our firm intention to move to a senior exchange such as AMEX or the NASDAQ. Our Company and its loyal shareholders will benefit even more once this occurs," Mr. Xiao concluded.
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