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U.S. Precious Metals, Inc. (OTCBB: USPR) Up 45.00% on Friday
Detailed quote: http://beaconequityresearch.com/USPR
December 07, 2007 - U.S. Precious Metals Adds New Member to Board of Directors
U.S. Precious Metals, Inc. (OTCBB:USPR) today announced the election of Sheldon Baer to the company's Board of Directors.
According to Peter Toscano, Chairman of U.S. Precious Metals, "Mr. Baer brings extensive business expertise and will be instrumental in finding a joint venture partner for our gold, silver and copper properties in Mexico." Mr. Baer, qualifies as an independent director as defined under the Sarbanes Oxley Act of 2002.
Mr. Baer is currently the President of Golden Hands Construction Inc., which he personally founded in 1977. Golden Hands specializes in construction of medical, commercial and industrial facilities. Golden Hands has been featured in prestigious publications such as the Physician Magazine of the Los Angeles Medical Association and Contract Magazine.
Southwall Technologies, Inc., (OTCBB: SWTX) Up 32.20% on Friday
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December 07, 2007 - Southwall's Heat Mirror Insulating Glass Achieves Insulation Value of R-20/U-0.05 . . . Equal to the Insulation of a Solid Wall
Southwall Technologies, Inc., the worldwide innovator of high performance, energy-saving films and glass products, announced today the ability of Heat Mirror(R) insulating glass to insulate against heat loss at a record breaking R-20/U-0.05 insulation value.
R-20 Heat Mirror insulating glass consists of three heat reflective coated films mounted inside an insulating glass unit between two pieces of low-e coated glass. This super insulating glass construction creates four heat-impeding gas-filled cavities and achieves R-20 performance when used in conjunction with a thermally insulated fiberglass frame. Heat Mirror R-20 is a product of Alpen Energy Systems, a leading Southwall customer licensed to fabricate Heat Mirror insulating glass.
"This astounding achievement in energy efficiency is a tribute to the collaborative team effort of Southwall and its window and insulating glass customers who jointly push the envelope in enhancing the performance and value of Heat Mirror technology," said John Meade, Southwall's Director of Business Development.
Superior to any low-e glass currently available, Heat Mirror is a technologically advanced low emissivity and solar reflective film that can be mounted inside an insulating glass unit in a variety of configurations (one, two or three coated films, uncoated or low-e coated glass) to provide energy conservation performance ranging from R-6 to R-20 to meet the unique requirements of commercial and residential new construction and renovation projects.
Heat Mirror is the technological alternative to coated glass that extends performance well beyond that of generic low-e glass available today. Heat Mirror insulating glass, as well as other innovative glass technologies currently under development, is driving the US Department of Energy to revise the glass performance standards of its Energy Star program that rates the energy efficiency of appliances and building components.
Scheduled to debut as early as 2009, revised Energy Star glass performance standards will make clear that generic low-e glass, with a maximum insulating performance level of R-4, no longer represents a level of energy efficiency required to "transform the market", a key charter of the agency's ratings and standards program. Among Energy Star's objectives is increased market penetration of windows achieving insulating performance of R-10 by 2010, an objective readily achieved by Heat Mirror technology today.
Why is increasing the energy efficiency of glass important? According to Chris Mathis, a founding member of the National Fenestration Rating Council (NFRC), which sets standards for window energy efficiency, 64 percent of the 110 million existing homes in the US have single-pane windows. This contributes 25%-35% of the total energy wasted in buildings and 10% of the total carbon emissions in the US annually.
Bond Laboratories, Inc. (OTCBB: BNDB) Up 15.79% on Friday
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December 07, 2007 - Bond Laboratories, Inc. Announces 2-for-1 Forward Split
Bond Laboratories, Inc. (OTC Bulletin Board: BNDB), a publicly held company, today announced that the company intends to file with the NASD to implement a 2-for-1 forward split of its common shares.
Bond Laboratories, Inc. shareholders as of the record date will receive two (2) shares of common stock for each current share they own. For example, shareholders owning 5,000 shares prior to the stock split will own 10,000 shares following the split. No action should be required on the part of shareholders who own shares held in brokerage accounts to receive the additional shares.
The company believes this action will increase the amount of liquidity in the public market and help expand the company's shareholder base. The official record date and payment date will be announced in a subsequent release as the exact dates become available.
CVF Technologies Corporation's (OTCBB: CNVT) Up 12.50% on Friday
Detailed quote: http://beaconequityresearch.com/CNVT
December 07, 2007 - CVF Technologies Corporation's Holding - BIOREM Announces 3rd Order from China
CVF Technologies Corporation's (OTC Bulletin Board: CNVT) holding BIOREM announced the receipt of a purchase order from a customer in Beijing, China for a Biofiltair odor control system. This order for $280,000 (Cdn) brings 2007 bookings from China to approximately $500,000 (Cdn) and is the third order received from China over the past 6 months.
"We are pleased that our technology was accepted on these projects," said Peter Bruijns, President and CEO of BIOREM. "These initial orders are a result of a committed effort at building relationships in the region."
This order brings the current backlog to over $10.3 million (Cdn) and is part of another strong quarter of bookings. "Our new orders to date in the fourth quarter have already passed the $2.4 million (Cdn) mark," added Bruijns.
Providential Holdings, Inc. (OTCBB: PRVH) Up 12.12% on Friday
Detailed quote: http://beaconequityresearch.com/PRVH
December 07, 2007 - Providential Holdings Subsidiary Acquires 60% of Vietnamese Cuisine Restaurant; Pho Restaurant to Become National Chain
Providential Holdings, Inc. (OTCBB: PRVH), a company that provides advisory, merger and acquisition services as well as independently investing in Vietnamese opportunities, announced today that its majority-owned subsidiary Provimex, Inc. has acquired 60% ownership in Pho Express International, LLC for $165,000. Pho Express, based in Pomona, Calif., operates a Vietnamese cuisine restaurant that will serve as the first production base for the planned rollout of a national chain.
Pho Express serves popular Vietnamese dishes, specializing in pho noodle soup, a traditional meal in Vietnam, made with its own proprietary recipe. The Vietnamese pho is a one-course meal made with clear broth, rice noodles, beef or chicken, and vegetables including cilantro, mint and bean sprouts.
Terence Phan, President of Pho Express International, said, "Based on the success of our restaurant in California, we believe that our customers have found Pho Express to be a healthy alternative in today's restaurant industry. We believe Pho Express will become increasingly popular. We plan to open three restaurants next year and expand more aggressively the year after that. Our goal is to become a national chain, recognized for our healthy ethnic cuisine. Provimex and Providential Holdings' involvement will be crucial to begin our expansion into a nationwide chain."
Henry Fahman, CEO of Providential Holdings, said, "While the popularity of pho dishes and restaurants has increased across non-Vietnamese ethnic groups, Pho Express is the first restaurant to plan a large scale expansion into mainstream America. We are confident that Pho Express will be successful in this endeavor and create returns for Providential and our shareholders."
