Stocks to Watch: Purio Inc. (OTCBB:PURO) , Santa Fe Gold Corp (OTC BB:SFEG), UFood Restaurant Group, Inc (OTC BB:UFFC), Gold Resource Corporation (OTC BB:GORO) , Labopharm Inc. (Nasdaq:DDSS)
Featured Stock: Purio Inc.
(OTCBB:PURO)
Current Price (0.55)
Purio Receives Invitation to Design System
Blaine, WA –February, 11 --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 Lake region of
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
Santa Fe Gold Corp
(OTC BB:SFEG)
Current Price (0.69)
www.WallStreetStockReview.com
ALBUQUERQUE, N.M.--Feb 11--Santa Fe Gold Corp (OTCBB:SFEG - News), a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, announced that it has begun construction of its Summit Silver-Gold Mine, located in New Mexico. In December 2007, the company announced it had arranged $13.5 million of financing required for mine and mill construction. Santa Fe Gold Corp (OTCBB:SFEG - News) is a U.S.-based mining and exploration enterprise focused on acquiring and developing gold, silver, copper and industrial mineral properties. The company owns the Summit silver-gold property and a mill site and processing equipment in southwestern New Mexico; mineral lease rights to the Ortiz gold property in north-central New Mexico, believed to contain two million ounces of gold; the Black Canyon mica mine and processing facility near Phoenix, Arizona; and a large resource of micaceous iron oxide (MIO) in western Arizona. Santa Fe Gold intends to build a portfolio of high-quality, diversified mineral assets with an emphasis on precious metals. To learn more about the company, visit www.santafegoldcorp.com.
UFood Restaurant Group, Inc
(OTC BB:UFFC)
Current Price (1.22)
www.WallStreetStockReview.com
BOSTON--Feb 11--UFood Restaurant Group, Inc. (OTCBB: UFFC - News), a franchisor and operator of fast-casual food service restaurants and nutritional product retail stores, today announced the consummation of a private offering of units of common stock and warrants that raised the Company gross proceeds of $8,950,000. Such amount includes gross proceeds of $6,160,000 that was raised concurrent with and immediately following the closing of our previously announced merger. The private offering of common stock and warrants were sold solely to accredited investors. UFood has raised nearly $11 million in capital which included a $2 million bridge financing. Headquartered in
Gold Resource Corporation
(OTC BB:GORO)
Current Price (3.77)
www.WallStreetStockReview.com
DENVER, CO----Feb 11, 2008 -- Gold Resource Corporation (GRC) (OTC BB:GORO.OB - News) (Frankfurt:GIH.F - News) reports 1 meter of 34.3 g/t gold within 9 meters of 1.4 oz/tonne gold equivalent (AuEq) at its La Arista deposit and 10 meters of 0.55 oz/tonne AuEq at its El Aire deposit. The La Arista and El Aire vein deposits are part of GRC's El Aguila Project in the southern state of
Labopharm Inc.
(Nasdaq:DDSS)
Current Price (2.68)
www.WallStreetStockReview.com
LAVAL, QC, Feb. 8 -- Labopharm Inc. (TSX: DDS - News; NASDAQ: DDSS - News) today announced that its recently completed North American Phase III clinical trial for its once-daily formulation of the antidepressant trazodone (study 04ACL3-001) achieved statistical significance for the primary efficacy endpoint (p value of 0.0183). The study also demonstrated significantly improved patient sleep patterns in favour of trazodone. Labopharm plans to file a New Drug Application (NDA) for its once-daily formulation of trazodone with the U.S. Food and Drug Administration later this year. Labopharm is an emerging leader in optimizing the performance of existing small molecule drugs using its proprietary controlled-release technologies. The Company's lead product, a unique once-daily formulation of tramadol, is being commercially launched in key markets globally. The Company also has a robust pipeline of follow-on products in both pre-clinical and clinical development. Labopharm's vision is to become a fully integrated, international, specialty pharmaceutical company with the capability to internally develop and commercialize its own products. For more information, please visit www.labopharm.com.
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