Flint Telecom Group, Inc. (OTCBB:FLTT) reached up 79.49% in morning trading to $.014 with 5M shares traded. Flint Telecom Group Inc. is a fast growing Telecoms Technology Organization with a portfolio of companies that deliver next-generation IP communications Products and Services. The Company was founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Flint Telecom Group, Inc. (OTC.BB:FLTT - News) today announces that it has signed a Letter of Intent to acquire 100% of a turnkey VoIP company providing services to Small and Medium Enterprises (SMEs) in the United States.
EnergyConnect Group, Inc. (OTCBB:ECNG) reached up 68.99% in morning trading to $.218 with 3M shares traded. EnergyConnect delivers industry leading Demand Response technologies and services to commercial, institutional and industrial consumers enabling them to manage their use of electricity in response to market prices or regional power shortages. EnergyConnect’s GridConnect technology platform provides a scalable, cost-effective, clean technology to enhance the grid’s efficiency and reliability. EnergyConnect Group, Inc. (OTCBB:ECNG.ob - News) signed a merger agreement with Johnson Controls, Inc. (NYSE:JCI - News), the global leader in delivering products, services and solutions that increase energy efficiency in buildings, to acquire EnergyConnect for a total cash consideration of approximately $32.3 million.
XsunX, Inc. (OTCBB:XSNX) reached up 30.08% in morning trading to $.096 with 2M shares traded. XsunX, Inc. is developing and has begun to market a new manufacturing process to produce low cost, high efficiency thin-film Copper Indium Gallium (di) Selenide (CIGS) thin film solar cells. The patent pending system and processing technology, which XsunX calls CIGSolar™, focuses on the mass production of individual thin-film CIGS solar cells that match silicon solar cell dimensions and can be offered as a non-toxic, high-efficiency and lowest-cost alternative to the use of silicon solar cells. The company is offering licenses for the use of the CIGSolar™ process technology and plans to generate revenue through licensing fees and manufacturing royalties for the use of the CIGSolar™ technology. XsunX, Inc. (XSNX) announced yesterday evening the company has entered into an agreement with Telecomps Technology Corp., Ltd. (Telecomps) for the use of its CIGSolar™ technology. Under the agreement, Telecomps and XsunX will work together to complete back-end CIGSolar™ solar module assembly capabilities to produce solar modules using XsunX CIGSolar cells.
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