Del Mar 5/4/2010 10:34:11 PM
Stocksource.us Reports on OTCBB stocks
On4 Communications, Inc. (OTC: ONCI), Silver falcon Mining, Inc.'s (OTCBB: SFMI), Revonergy Inc. (RNRG-OTCBB), Grid Petroleum Corp. (OTCBB:GRPR), Blugrass Energy, Inc. (OTCBB: BLUG)
On4 Communications, Inc. (OTC: ONCI)
SCOTTSDALE, AZ, May 4 - On4 Communications, Inc. (OTC: ONCI) a globally diversified Location Based Services (LBS) company, today announced the Company is the subject of a new research briefing issued by Emerging Growth Research, LLC. The report outlines the Company's potentially strong position in the fast growing LBS market. A full copy of the report can be viewed at http://www.joenoelstocks.com.
"We are very pleased to have this report available to current and prospective investors. We are expecting several contracts to be signed over the next few months with wireless providers, retail chains and enterprise customers. This report does an excellent job in explaining our strategies," commented Cameron Robb, President and CEO of On4 Communications."
"With the introduction and strong growth in GPS enabled-enabled handsets, the LBS industry has experienced a rapid growth over the last few years and has become an important part for service providers to grow the number of subscribers and their monthly recurring revenue stream. We believe we are well positioned to capitalize on this trend," continued Cameron Robb.
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Silver falcon Mining, Inc.'s (OTCBB: SFMI)
MURPHY, ID -- 05/04/10 -- Silver falcon Mining, Inc.'s (OTCBB: SFMI) management reports that its 100% owned Diamond Creek Mill facility will start producing gold/silver for sale on May 17, 2010. The Company's mill manager and other mill professionals advised management that the mill can now operate at two 10-hour shifts per day, 50 tons per shift (100 tpd-tons per day) on a 30-day cycle; expected mill grades and throughputs to be announced in ensuing releases. The Company anticipates further increases in mill rates in mid-July 2010.
Noteworthy, the Company reported on April 19, 2010 that the Diamond Creek Mill became open for production. After a couple of weeks of testing the different components that make-up the mill circuit, the Company can now move forward with a productive schedule on gold/silver cash-flow outputs.
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Revonergy Inc. (RNRG-OTCBB)
LONDON--May4--Revonergy Inc. (RNRG-OTCBB) announces that the Company has been assigned the rights to develop and own a wood waste-to-energy ("WTE") project (the "Project") in Ondo State, Africa.
The Project is designed to use wood waste from an assortment of sawmills in the state of Ondo as fuel to generate electricity. The Project has been designed to be a 14MW electricity generating facility, however the Company considers that there is sufficient waste and demand for electricity in the vicinity to develop a second phase of equal or greater scale.
The project was developed by a UK company (herein called "Plc") controlled by the President of Revonergy Inc., Mr. Ravi Daswani. Plc began developing this project in 2007.
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Grid Petroleum Corp. (OTCBB:GRPR)
LONDON--May4--Grid Petroleum Corp. (OTCBB:GRPR) is pleased to announce the appointment of Robert Murphy, a seasoned industry veteran, to the company's Advisory Board. Mr. Murphy joins Grid as Chief Geological & Geophysical Advisor at a time when the company has recently acquired approximately 4,000 acres of high impact oil and gas properties in the prolific Jonah Field area of Wyoming, and will lend his extensive energy industry knowledge and experience to this and Grid's forthcoming projects.
A Geologist with a career encompassing over 20 years of top tier Exploration and Production experience, Robert has held a number of senior positions in geophysics for leading International Oil and Gas companies. With his high profile experience in Exploration and Development, Robert brings an unparalleled level of industry knowledge and global insight in all aspects of exploration and production to Grid Petroleum.
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Blugrass Energy, Inc. (OTCBB: BLUG)
CALGARY, AB -- 05/04/10 -- Blugrass Energy, Inc. (OTCBB: BLUG) is pleased to announce the appointment of Mr. Jeff Dunphy to the board of directors and as Vice-President of the company.
Jeff Dunphy has over 30 years of strategic advisory experience. In addition to his business career, Jeff is a part-time professor at the Haskayne School of Business (University of Calgary) teaching both graduate and undergraduate students in New Venture Finance, Corporate Governance and Mergers and Acquisitions. Prior to joining Bluegrass, Jeff worked at Salman Partners, and Octagon Capital Corporation in Calgary.
Jeff began his career in accounting at Collins Barrow then moved to the Bank of Montreal in commercial oil and gas lending before joining the investment banking community. Jeff's investment banking career has encompassed Richardson Greenshields, Merrill Lynch, Yorkton Securities, Octagon Capital and Salman Partners where he was extensively involved in the Oil and Gas business through equity capital markets, mergers and acquisitions and debt capital markets.
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