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Penny Stock archives
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- Penny Stocks on www.pennymarkets.com Penny stocks are the main focus on PennyMarkets.com providind needed penny stock information
- Top Ten Penny Stock Rules Penny Stocks are hard to trade.
- Otcbb News and Informatuion About the OTCBB trading platform, and listing information.
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WorldWater & Power WWAT Otcbb Penny Stock News
WorldWater & Power WWAT Otcbb Penny Stock News: "WorldWater & Power CEO Quentin T. Kelly to Address Thieme Consulting's Small Cap Conference 2004 at Berlin Stock Exchange
PENNINGTON, N.J.--(BUSINESS WIRE)--Dec. 3, 2004--WorldWater & Power Corporation (OTCBB:WWAT), maker of high-horsepower solar energy systems, has announced that Company Chairman and CEO Quentin T. Kelly will address investors at Thieme Consulting's Third Annual Small Cap Conference 2004 at the Berlin Stock Exchange on Dec. 4, 2004. The conference is sponsored by the American financial firm Thieme Consulting Inc., based in Germany and New York.
Mr. Kelly will speak on WorldWater & Power's business plan and its proprietary solar technology. That patented technology (called 'AquaMax(TM)'), which enables the company to operate motors and pumps up to 600 hp by solar power alone or in combination with the electric grid or diesel generators, has helped drive the company's rapid growth from revenues of $644,000 in 2002 and $1.2 million in 2003 to more than $6 million to date in 2004.
WorldWater & Power Corporation, a full service solar engineering and water management company, is the only company in the world with the capability of harnessing this level of power from the sun to drive pumps and motors of this magnitude. The company's systems can also generate electricity to send back to the grid for credit or to supplant the grid in case of power interruption.
WorldWater & Power has recently completed the installation of the world's largest solar-driven irrigation system, employing the AquaMax(TM) to power a 200-horsepower pump on a California citrus ranch. Earlier this year, it "
PENNINGTON, N.J.--(BUSINESS WIRE)--Dec. 3, 2004--WorldWater & Power Corporation (OTCBB:WWAT), maker of high-horsepower solar energy systems, has announced that Company Chairman and CEO Quentin T. Kelly will address investors at Thieme Consulting's Third Annual Small Cap Conference 2004 at the Berlin Stock Exchange on Dec. 4, 2004. The conference is sponsored by the American financial firm Thieme Consulting Inc., based in Germany and New York.
Mr. Kelly will speak on WorldWater & Power's business plan and its proprietary solar technology. That patented technology (called 'AquaMax(TM)'), which enables the company to operate motors and pumps up to 600 hp by solar power alone or in combination with the electric grid or diesel generators, has helped drive the company's rapid growth from revenues of $644,000 in 2002 and $1.2 million in 2003 to more than $6 million to date in 2004.
WorldWater & Power Corporation, a full service solar engineering and water management company, is the only company in the world with the capability of harnessing this level of power from the sun to drive pumps and motors of this magnitude. The company's systems can also generate electricity to send back to the grid for credit or to supplant the grid in case of power interruption.
WorldWater & Power has recently completed the installation of the world's largest solar-driven irrigation system, employing the AquaMax(TM) to power a 200-horsepower pump on a California citrus ranch. Earlier this year, it "
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Thursday, December 02, 2004
Liska Biometry LSKA Otcbb Penny Stock News
Liska Biometry LSKA Otcbb Penny Stock News: "Liska Biometry Retains Westminster Securities Corporation; Westminster to Provide Liska with Investment Banking and Advisory Service
CANDIA, N.H.--(BUSINESS WIRE)--Nov. 23, 2004--Liska Biometry (OTC BB:LSKA) a biometrics solutions provider, today announced that is has engaged Westminster Securities Corporation as its investment banker and financial advisor.
'We believe that Liska's technology for fingerprint identification, analysis and transmission will set the standard for identity verification in all areas of corporate, homeland security, and law enforcement applications,' said Christopher LeClerc, Liska's Chief Executive Officer. 'With the recent announcement of our first major licensing agreement, we believe that we are seeing the initial effects of our strategic growth plan,' LeClerc added. 'We believe that Westminster is the perfect partner to advise Liska in all aspects of financial planning and development, as well as to facilitate and support programs for continued corporate expansion on a global scale.'
About Liska Biometry, Inc.
Liska Biometry develops revolutionary fingerprint biometric solutions enabling fast individual authentication, precise identification searches, as well as cross-platform data interoperability. Our innovative, scalable technology generates a short, repeatable, unique, numerical identifier from one's fingerprint. This short number becomes a precise and universal biometric identifier capable of being embedded in travel documents, such as visas and passports, credit cards, driver's licenses and a host of other personal credentials.
About Westminste"
LSKA Message Board Resource News, Charts, and More on LSKA
CANDIA, N.H.--(BUSINESS WIRE)--Nov. 23, 2004--Liska Biometry (OTC BB:LSKA) a biometrics solutions provider, today announced that is has engaged Westminster Securities Corporation as its investment banker and financial advisor.
'We believe that Liska's technology for fingerprint identification, analysis and transmission will set the standard for identity verification in all areas of corporate, homeland security, and law enforcement applications,' said Christopher LeClerc, Liska's Chief Executive Officer. 'With the recent announcement of our first major licensing agreement, we believe that we are seeing the initial effects of our strategic growth plan,' LeClerc added. 'We believe that Westminster is the perfect partner to advise Liska in all aspects of financial planning and development, as well as to facilitate and support programs for continued corporate expansion on a global scale.'
About Liska Biometry, Inc.
Liska Biometry develops revolutionary fingerprint biometric solutions enabling fast individual authentication, precise identification searches, as well as cross-platform data interoperability. Our innovative, scalable technology generates a short, repeatable, unique, numerical identifier from one's fingerprint. This short number becomes a precise and universal biometric identifier capable of being embedded in travel documents, such as visas and passports, credit cards, driver's licenses and a host of other personal credentials.
About Westminste"
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American Oriental Bioengineering, Inc. AOBO Otcbb Penny Stock News
American Oriental Bioengineering, Inc. AOBO Otcbb Penny Stock News: "American Oriental Bioengineering, Inc. Announces Completion of $6,000,000 Private Placement
HONG KONG--(BUSINESS WIRE)--Nov. 23, 2004--American Oriental Bioengineering Inc, (OTC BB: AOBO), a rapidly growing company which discovers, develops, manufactures, markets and distributes a broad range of pharmaceutical and nutriceutical products, today announced that it has completed a private placement of the Company's securities, resulting in $6,000,000 of gross proceeds to the Co mpany. The offering consisted of investment units, each comprised of one share of common stock at $1.00, a 3-year warrant to purchase 1/2 share of common stock exercisable at $1.60 and a 3-year warrant to purchase 1 share of common stock exercisable at $0.85.
The offering was completed through Westminster Securities Corporation of New York. The Company expects to use the proceeds of the private placement to expedite the company's ongoing acquisition strategy, for working capital, new product development and general corporate purposes.
'We believe the ongoing process of privatization of state owned pharmaceutical enterprises in China provides us with excellent acquisition opportunities for corporate growth,' noted Tony Liu, Chairman and Chief Executive Officer of AOBO. 'We are exploring several acquisition opportunities and we believe the funds from this round of financing will allow us to expedite our acquisition strategy.'
The securities sold in this offering have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requi"
AOBO Message Board Resource News, Charts, and More on AOBO
HONG KONG--(BUSINESS WIRE)--Nov. 23, 2004--American Oriental Bioengineering Inc, (OTC BB: AOBO), a rapidly growing company which discovers, develops, manufactures, markets and distributes a broad range of pharmaceutical and nutriceutical products, today announced that it has completed a private placement of the Company's securities, resulting in $6,000,000 of gross proceeds to the Co mpany. The offering consisted of investment units, each comprised of one share of common stock at $1.00, a 3-year warrant to purchase 1/2 share of common stock exercisable at $1.60 and a 3-year warrant to purchase 1 share of common stock exercisable at $0.85.
The offering was completed through Westminster Securities Corporation of New York. The Company expects to use the proceeds of the private placement to expedite the company's ongoing acquisition strategy, for working capital, new product development and general corporate purposes.
'We believe the ongoing process of privatization of state owned pharmaceutical enterprises in China provides us with excellent acquisition opportunities for corporate growth,' noted Tony Liu, Chairman and Chief Executive Officer of AOBO. 'We are exploring several acquisition opportunities and we believe the funds from this round of financing will allow us to expedite our acquisition strategy.'
The securities sold in this offering have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requi"
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Telatinos TLTA Otcbb Penny Stock News
Telatinos TLTA Otcbb Penny Stock News: "Telatinos Announces Effective 30:1 Forward Split & Joint Venture with Colombian ISPs
MIAMI--(BUSINESS WIRE)--Nov. 30, 2004--Telatinos Inc. (OTC: TLTA), a Latin American IP-based VoIP service provider, today announced that the Company now trades under symbol TLTA - OTC BB in conjunction with the Company's effective 30:1 forward stock split effective today, November 30, 2004. The Company also announced that it has entered into a $5 million joint venture with local Colombian ISPs InterplaNet Medellin (www.interpla.net.co/), GeoNet Ltd (www.geo.net.co), and Colomsat S.A (www.colomsat.net.co).
The joint venture will market a combined voice and data service to a larger audience than that of the traditional Columbian incumbent telcos. The joint venture projects 2005 gross revenues of approximately US$7 million from VoIP products and services. The joint venture agreement calls for Telatinos to receive 43% of the revenues generated.
The Company takes this opportunity to wish its shareholders happy holidays.
About Telatinos Inc.
Telatinos is a Latin American based telecom equipment and facilities provider offering full-featured, cost-effective, high-quality local, long distance and international telephone services -- including 911 and E911 -- to both businesses and private residences in Latin America. The Company's products include modular, open and highly focused access and core VoIP network products, supporting a wide variety of VoIP-based applications, including voice access, network peering and control, Class-5 long distance, prepaid calling card, rural telephony and hosted enterprise VoIP applications. Learn more about our Company"
TLTA Message Board Resource News, Charts, and More on TLTA
MIAMI--(BUSINESS WIRE)--Nov. 30, 2004--Telatinos Inc. (OTC: TLTA), a Latin American IP-based VoIP service provider, today announced that the Company now trades under symbol TLTA - OTC BB in conjunction with the Company's effective 30:1 forward stock split effective today, November 30, 2004. The Company also announced that it has entered into a $5 million joint venture with local Colombian ISPs InterplaNet Medellin (www.interpla.net.co/), GeoNet Ltd (www.geo.net.co), and Colomsat S.A (www.colomsat.net.co).
The joint venture will market a combined voice and data service to a larger audience than that of the traditional Columbian incumbent telcos. The joint venture projects 2005 gross revenues of approximately US$7 million from VoIP products and services. The joint venture agreement calls for Telatinos to receive 43% of the revenues generated.
The Company takes this opportunity to wish its shareholders happy holidays.
About Telatinos Inc.
Telatinos is a Latin American based telecom equipment and facilities provider offering full-featured, cost-effective, high-quality local, long distance and international telephone services -- including 911 and E911 -- to both businesses and private residences in Latin America. The Company's products include modular, open and highly focused access and core VoIP network products, supporting a wide variety of VoIP-based applications, including voice access, network peering and control, Class-5 long distance, prepaid calling card, rural telephony and hosted enterprise VoIP applications. Learn more about our Company"
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Wednesday, December 01, 2004
United American Corporation UAMA Otcbb Penny Stock News
United American Corporation UAMA Otcbb Penny Stock News: "United American Corporation Announces teliPhone'TM' Service in the USA
MONTREAL--(BUSINESS WIRE)--Dec. 1, 2004--United American Corporation (OTCBB: UAMA) is pleased to announce that its wholly owned subsidiary TeliPhone Inc's teliPhone(TM) services are now available for 35 new area codes in 7 new major US markets. TeliPhone Inc.'s new Manhattan Central Office (CO) is now fully interconnected with its Montreal Network and as a result, the popular teliPhone(TM) service will now be available in New York, Newark, Boston, Los Angeles, San Francisco, Miami and Chicago. 'This infrastructure expansion allows us to become a major player in the North American wireless Voice over Internet Protocol (VoIP) market. We see tremendous growth potential for our services as we are now able to build from our successes in the Canadian marketplace and expand into the larger US market', says George Metrakos, President and CEO of TeliPhone Inc.
The new availability of these 35 new US area codes permits TeliPhone Inc. to complement its Montreal and Toronto marketing launch campaigns which began in mid November. TeliPhone Inc. will now begin to execute its marketing program in the US in order to grow its subscriber base in these new markets.
About TeliPhone, Inc
TeliPhone Inc is a wholly owned subsidiary of UAC. Since 2001, the company has pioneered Voice over Internet Protocol (VoIP) in Canada. The company was the first Canadian VoIP service provider to offer a nation-wide telecommunication local call coverage service. The company has developed a powerful back office system that provides an integrated web-based personal portal to their subscribers as well as administrative suppor"
UAMA Message Board Resource News, Charts, and More on UAMA
MONTREAL--(BUSINESS WIRE)--Dec. 1, 2004--United American Corporation (OTCBB: UAMA) is pleased to announce that its wholly owned subsidiary TeliPhone Inc's teliPhone(TM) services are now available for 35 new area codes in 7 new major US markets. TeliPhone Inc.'s new Manhattan Central Office (CO) is now fully interconnected with its Montreal Network and as a result, the popular teliPhone(TM) service will now be available in New York, Newark, Boston, Los Angeles, San Francisco, Miami and Chicago. 'This infrastructure expansion allows us to become a major player in the North American wireless Voice over Internet Protocol (VoIP) market. We see tremendous growth potential for our services as we are now able to build from our successes in the Canadian marketplace and expand into the larger US market', says George Metrakos, President and CEO of TeliPhone Inc.
The new availability of these 35 new US area codes permits TeliPhone Inc. to complement its Montreal and Toronto marketing launch campaigns which began in mid November. TeliPhone Inc. will now begin to execute its marketing program in the US in order to grow its subscriber base in these new markets.
About TeliPhone, Inc
TeliPhone Inc is a wholly owned subsidiary of UAC. Since 2001, the company has pioneered Voice over Internet Protocol (VoIP) in Canada. The company was the first Canadian VoIP service provider to offer a nation-wide telecommunication local call coverage service. The company has developed a powerful back office system that provides an integrated web-based personal portal to their subscribers as well as administrative suppor"
- Penny Stocks on www.pennymarkets.com Penny stocks are the main focus on PennyMarkets.com providind needed penny stock information
- Top Ten Penny Stock Rules Penny Stocks are hard to trade.
- Otcbb News and Informatuion About the OTCBB trading platform, and listing information.
- Penny Stocks Trading Information Learn about how penny stocks generally trade, and how to avoid the big mistake.
- Pinks Sheets Listing, and Trading Information Learn about the Pink Sheets, and how they can help your company move forward.
Viva VIVI Otcbb Penny Stock News
Viva VIVI Otcbb Penny Stock News: "Viva Announces Insurance Coverages Obtained
MIAMI--(BUSINESS WIRE)--Dec. 1, 2004--Viva International, Inc. (OTCBB:VIVI) announced today that the Company has obtained aircraft insurance on the SAAB 340A s/n-73 that they have accepted via a lease assignment. Further, they have extended their insurance coverage to include tax and custom bonds. This announcement was generated in response to the Company's concluded conference of November 29, 2004 with David Boorman and his staff of Portsmouth International Marine Service and Insurance Centre (PIMSIC).
Robert Scott, Viva's Chairman, commented, 'It was a pleasure to host Mr. Boorman and staff of PIMSIC at our Michigan offices. Not only did we obtain an insurance commitment for the SAAB 340A s/n-73 and our fleet going forward but we generally received a favorable response to extending insurance coverage to include tax and custom bonds as well. PIMSIC is well aware of our plans for future aircraft acquisitions and looks forward to a mutually rewarding business relationship. The majority of our efforts and positioning are being dedicated to bringing a Caribbean joint venture opportunity to fruition. Our success in obtaining the insurance coverage on the SAAB 340A s/n-73 certainly enhances our ability to complete the joint venture agreement and accordingly, we will continue that effort'. "
MIAMI--(BUSINESS WIRE)--Dec. 1, 2004--Viva International, Inc. (OTCBB:VIVI) announced today that the Company has obtained aircraft insurance on the SAAB 340A s/n-73 that they have accepted via a lease assignment. Further, they have extended their insurance coverage to include tax and custom bonds. This announcement was generated in response to the Company's concluded conference of November 29, 2004 with David Boorman and his staff of Portsmouth International Marine Service and Insurance Centre (PIMSIC).
Robert Scott, Viva's Chairman, commented, 'It was a pleasure to host Mr. Boorman and staff of PIMSIC at our Michigan offices. Not only did we obtain an insurance commitment for the SAAB 340A s/n-73 and our fleet going forward but we generally received a favorable response to extending insurance coverage to include tax and custom bonds as well. PIMSIC is well aware of our plans for future aircraft acquisitions and looks forward to a mutually rewarding business relationship. The majority of our efforts and positioning are being dedicated to bringing a Caribbean joint venture opportunity to fruition. Our success in obtaining the insurance coverage on the SAAB 340A s/n-73 certainly enhances our ability to complete the joint venture agreement and accordingly, we will continue that effort'. "
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Monday, November 29, 2004
NYRR Otcbb Penny Stock News
NYRR Otcbb Penny Stock News: "NYRR Reports 3rd Quarter 2004 Profits
NEW YORK--(BUSINESS WIRE)--Nov. 29, 2004--New York Regional Rail Corp. (OTCBB: NYRR) is pleased to announce that during the three months ended September 30, 2004, the Company reported net income of $33,833 on revenue of $1,644,527 compared to a net loss of $164,46 on revenue of $1,499,713 for the three months ended September 30, 2003.
Joel Marcus, chief financial officer stated, 'Our third quarter results show some of the progress we have made this year. During the nine months ended September 30, 2004, the Company had an increase of $2,469,031 or 57.4% in revenue. Revenue for the nine months ended September 30, 2004 totaled $6,767,956 and net loss was reduced to $405,616. The Company is moving steadily in the right direction, the influx of capital, reductions in debt, infrastructure and capital improvements and cost cutting efficiencies are helping our P & L, cash flow and balance sheets to continue to show improvement. Our complete results reported on Form 10-QSB for the three and nine months ended September 30, 2004 can be found at www.sec.gov', he concluded.
Ronald Bridges, Chief Executive Officer of NYRR, added, 'We are pleased with our results this quarter and of our recently announce new agreements. Because we are already moving some of this new business we hope to report profitability in the 4th quarter as well. We are also continuing the clean-up of our existing legal and tax issues, as we feel it is of paramount importance for us in order to improve the company's standing. The reliability of our service is the key to our future success and the Company's ability to attract new and repeat business is proof of our succes"
NEW YORK--(BUSINESS WIRE)--Nov. 29, 2004--New York Regional Rail Corp. (OTCBB: NYRR) is pleased to announce that during the three months ended September 30, 2004, the Company reported net income of $33,833 on revenue of $1,644,527 compared to a net loss of $164,46 on revenue of $1,499,713 for the three months ended September 30, 2003.
Joel Marcus, chief financial officer stated, 'Our third quarter results show some of the progress we have made this year. During the nine months ended September 30, 2004, the Company had an increase of $2,469,031 or 57.4% in revenue. Revenue for the nine months ended September 30, 2004 totaled $6,767,956 and net loss was reduced to $405,616. The Company is moving steadily in the right direction, the influx of capital, reductions in debt, infrastructure and capital improvements and cost cutting efficiencies are helping our P & L, cash flow and balance sheets to continue to show improvement. Our complete results reported on Form 10-QSB for the three and nine months ended September 30, 2004 can be found at www.sec.gov', he concluded.
Ronald Bridges, Chief Executive Officer of NYRR, added, 'We are pleased with our results this quarter and of our recently announce new agreements. Because we are already moving some of this new business we hope to report profitability in the 4th quarter as well. We are also continuing the clean-up of our existing legal and tax issues, as we feel it is of paramount importance for us in order to improve the company's standing. The reliability of our service is the key to our future success and the Company's ability to attract new and repeat business is proof of our succes"
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XRAYMEDIA XRYM Otcbb Penny Stock News
XRAYMEDIA XYRM Otcbb Penny Stock News: "XRAYMEDIA Brings on New Partner and Sets the Pace for 2005 LMM Growth
NEW YORK & VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 29, 2004--XRAYMEDIA Inc., (OTCBB:XRYM), the media industry's leader in real-time negotiating technology, is proud to announce that the Company has added Catalyst!House to its growing list of partners as it continues to roll out its newest partnership programs.
This new partnership is aimed to merge the advertising resources of both companies to help create additional cash flow stream utilizing XRAYMEDIA's live negotiating systems technology. 'This partnership is yet another step forward for us in achieving tremendous growth for our Live Media Marketplace in 2005 and beyond,' said XRAYMEDIA President and CEO Raymond C. Dabney. 'Providing live negotiating technology to a market-sector that is more than $500 billion has proven to be an enormous task, most companies go into business looking to gain a 10-15 percent market share. When you do the math XRAYMEDIA can be very successful with less then one percent of a market this size. We are harnessing the power of the Internet and creating the largest real-time media marketplace in the world. We are enjoying a steady flow of new partnership inquiries. We are attracting a wide-range of companies with a large client base or market share, who are looking to monetize their accumulated buying power in the media industry. We provide instant access to live media negotiations worldwide; this opportunity is monumental for any business that needs to advertise their product or service. Media buyers and sellers are ready for this type of technology and we are very pleased to be working with a variety of firms that give us an "
NEW YORK & VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 29, 2004--XRAYMEDIA Inc., (OTCBB:XRYM), the media industry's leader in real-time negotiating technology, is proud to announce that the Company has added Catalyst!House to its growing list of partners as it continues to roll out its newest partnership programs.
This new partnership is aimed to merge the advertising resources of both companies to help create additional cash flow stream utilizing XRAYMEDIA's live negotiating systems technology. 'This partnership is yet another step forward for us in achieving tremendous growth for our Live Media Marketplace in 2005 and beyond,' said XRAYMEDIA President and CEO Raymond C. Dabney. 'Providing live negotiating technology to a market-sector that is more than $500 billion has proven to be an enormous task, most companies go into business looking to gain a 10-15 percent market share. When you do the math XRAYMEDIA can be very successful with less then one percent of a market this size. We are harnessing the power of the Internet and creating the largest real-time media marketplace in the world. We are enjoying a steady flow of new partnership inquiries. We are attracting a wide-range of companies with a large client base or market share, who are looking to monetize their accumulated buying power in the media industry. We provide instant access to live media negotiations worldwide; this opportunity is monumental for any business that needs to advertise their product or service. Media buyers and sellers are ready for this type of technology and we are very pleased to be working with a variety of firms that give us an "
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- Top Ten Penny Stock Rules Penny Stocks are hard to trade.
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- XRYM Message Board Resource News, Charts, and More on XRYM
AEC Hires Experchem Laboratories Inc. ARGY Otcbb Penny Stock News
AEC Hires Experchem Laboratories Inc. ARGY Otcbb Penny Stock News: "AEC Hires Experchem Laboratories Inc. for Independent Laboratory Testing
LAS VEGAS--(BUSINESS WIRE)--Nov. 29, 2004--Today, Alternate Energy Corp. (OTCBB:ARGY) (AEC) announced it has hired Experchem Laboratories Inc., a local, government-accredited laboratory to conduct specific third party testing of its hydrogen production technology.
Experchem Laboratories are specialists in chemical testing and consultants in materials sciences. They will specifically assist AEC with a variety of ongoing tests; chemical evaluation of raw materials and finished products, conformity testing of metals and alloys, formulae refinements and improvements, as well as overall quality control and general mechanical evaluation. Experchem's 14,000 sq foot facility employs approximately 45 scientists, quality control / assurance specialists, regulatory affairs consultants and support staff and run two reliable and exacting laboratories. Experchem is also a member of ASTM, American Society for Testing and Materials (ASTM) - one of the largest voluntary standards development organizations in the world. Experchem has worked for a number of major organizations and government entities.
AEC hired the company to conduct continuous independent scientific testing of its hydrogen production technology.
'In the spirit of being cost-conscious and focused on advancing our core technology, I've always believed 'do what you do best, and farm out the rest'. We needed an accredited scientific lab within close proximity to complete testing in situations where we either did not have the equipment or expertise to fulfill in-house,' says Blaine Froats, CEO and Chairman of AEC. 'Though Experchem was not http://www.cleanwatts.com"
LAS VEGAS--(BUSINESS WIRE)--Nov. 29, 2004--Today, Alternate Energy Corp. (OTCBB:ARGY) (AEC) announced it has hired Experchem Laboratories Inc., a local, government-accredited laboratory to conduct specific third party testing of its hydrogen production technology.
Experchem Laboratories are specialists in chemical testing and consultants in materials sciences. They will specifically assist AEC with a variety of ongoing tests; chemical evaluation of raw materials and finished products, conformity testing of metals and alloys, formulae refinements and improvements, as well as overall quality control and general mechanical evaluation. Experchem's 14,000 sq foot facility employs approximately 45 scientists, quality control / assurance specialists, regulatory affairs consultants and support staff and run two reliable and exacting laboratories. Experchem is also a member of ASTM, American Society for Testing and Materials (ASTM) - one of the largest voluntary standards development organizations in the world. Experchem has worked for a number of major organizations and government entities.
AEC hired the company to conduct continuous independent scientific testing of its hydrogen production technology.
'In the spirit of being cost-conscious and focused on advancing our core technology, I've always believed 'do what you do best, and farm out the rest'. We needed an accredited scientific lab within close proximity to complete testing in situations where we either did not have the equipment or expertise to fulfill in-house,' says Blaine Froats, CEO and Chairman of AEC. 'Though Experchem was not http://www.cleanwatts.com"
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- Top Ten Penny Stock Rules Penny Stocks are hard to trade.
- Otcbb News and Informatuion About the OTCBB trading platform, and listing information.
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- Pinks Sheets Listing, and Trading Information Learn about the Pink Sheets, and how they can help your company move forward.
Penny Stocks Financing Profiled Otcbb Info About Penny Stocks Penny Stock Trading Myths Pink Sheets Penny Stock L inks Contact