Stocks to Watch: Purio Inc. (OTCBB:PURO) , Cincinnati Bell Inc. (NYSE:CBB), New Century Companies, Inc. (OTC BB:NCNC) , Energy Conversion Devices, Inc. (Nasdaq:ENER), Endavo Media and Communications, Inc. (OTC BB:IMHI)
Featured Stock: Purio Inc.
(OTCBB:PURO)
Current Price (0.55)
Purio Receives Invitation to Design System
Purio Inc. (OTCBB: PURO.OB) is pleased to announce that it has received a formal invitation to design both the wastewater management system, and potable water supply system for a resort development known as SnowCastle Estates. Representatives of Purio and SnowCastle met on January 8th to exchange information about the project, the developer’s design priorities and the potential benefits of the Purio Technology.
Correspondence from Snowcastle Estates has been received in which Myron Derow, spokesman, expresses the project’s invitation to advance to the design discussion stage.
“Following our preliminary meeting of January 8th, SnowCastle Estates, located in the Candle Lake/Torch
The Purio modular design appears well suited to grow with us throughout our three-phase development plan of the 450 one-half to three-quarter acre lots in the SnowCastle Resort Community. In addition we have determined that the Purio technology would offer SnowCastle significant cost advantages and we feel that our environmentally friendly green theme is best maintained by utilizing Purio’s advanced technology.”
Daryl English, President of Purio, says, “This invitation is very encouraging to Purio because it signifies that developers are recognizing the suitability of the Purio technology in meeting their needs to develop environmentally responsible developments. Purio is pleased to be a part of this paradigm shift by developers toward more eco-friendly planning.”
Forward-Looking Statements
This press release “contains forward looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, the expectation and/or claim that:
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) the Company’s ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; (ii) Purio’s ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; and (iii) Purio having enough funding to operate its business and retain ownership of its proprietary technology, and (iv) Purio gives no guarantee that Snowcastle will approve Purio’s deign. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.
Contacts:
Shawn Van Damme
Investor Relations
1-877-512-1120
svd@puriowatertech.com
www.puriowatertech.com
For an in-depth analyst report, please visit: www.WallStreetStockReview.com
Cincinnati Bell Inc.
(NYSE:CBB)
Current Price (0.20)
www.WallStreetStockReview.com
New Century Companies, Inc.
(OTC BB:NCNC)
Current Price (0.20)
www.WallStreetStockReview.com
LOS ANGELES, CA---Feb 8, 2008 -- New Century Companies, Inc. (OTC BB:NCNC.OB - News), a leading manufacturer and re-manufacturer of machine tools, today announced its guidance for year-end 2007.New Century is projecting revenue of $10,000,000 for its calendar year ending 12/31/2007, which is approximately a 22% increase over calendar year 2006 revenues. New Century Companies, Inc. is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers (VTCs). It specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to make than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. New Century machines are used to manufacture jet engine components, airplane landing gear parts, power generation equipment, oil and gas production components and construction materials, to name just a few applications. New Century's production facility is in
Energy Conversion Devices, Inc.
(Nasdaq:ENER)
Current Price (25.79)
www.WallStreetStockReview.com
ROCHESTER HILLS, Mich., Feb. 7 -- Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER - News), the leading global manufacturer of solar thin-film laminate products, today reported financial results for the second quarter of fiscal 2008, ended December 31, 2007.Revenues in the second quarter of fiscal 2008 were $56.4 million, up 20 percent from first quarter revenues of $47.0 million and up 146 percent from $22.9 million in the second quarter of fiscal 2007. Revenues from the company's solar business were $51.7 million, or 92 percent of total revenues. Second quarter solar revenues represented a 23 percent sequential increase and a 169 percent increase over the prior-year quarter. Gross margins in the solar business were 19.2 percent. Energy Conversion Devices, Inc. (NASDAQ: ENER - News) manufactures and sells thin-film solar laminates that convert sunlight to energy using proprietary technology. Distributed globally under the UNI-SOLAR® brand, the company's products are ideally suited for cost-effective solutions for roofing applications because they are lightweight, durable, flexible, can be integrated directly with building materials, and generate more energy in real- world conditions. ECD also pioneers other alternative technologies, including a new type of nonvolatile digital memory technology that is significantly faster and less expensive, ideal for use in a variety of applications including cell phones, digital cameras and personal computers. For more information, please visit www.ovonic.com.
Endavo Media and Communications, Inc.
(OTC BB:IMHI)
Current Price (0.09)
www.WallStreetStockReview.com
HOUSTON, TX----Feb 7, 2008 -- Integrated Media Holdings, Inc. (OTC BB:IMHI.OB - News) today announced that it has completed the definitive agreement for a business combination via an acquisition of all outstanding common stock of TeleChem International, Inc., ("Arrayit") a pioneer in the biotech market located in Sunnyvale, California. IMHI's board of directors also announced the approval of a 1 for 30 reverse split. IMHI acquired all the outstanding shares of TeleChem International, Inc. in exchange for 35,000,000 post-split shares of IMHI as part of the business combination. Integrated Media Holdings, Inc., headquartered in
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