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(OTCBB: CRGE - Clenergen Corp.)
(OTCBB: ADLS - Advanced Life Sciences Holdings, Inc.)
(OTCBB: ECOS - Ecolocap Solutions, Inc.)
(OTCBB: GHLV - Global Health Ventures, Inc.)
(PINKSHEETS: MDGC - MediaG3, Inc.)
(OTCBB: ESPH - Ecosphere Technologies, Inc.)
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(OTCBB: CRGE - Clenergen Corp.)
LATEST NEWS!!
Clenergen Corporation (OTCBB: CRGE) Completes Acquisition of Clenergen Corporation Limited
NEW YORK, NEW YORK, Nov 10, 2009 Clenergen Corporation (OTCBB: CRGE) (the "Company" or "Clenergen") is pleased to announce that on November 9th , 2009 (the "Closing Date"), it closed the previously announced share exchange agreement with Clenergen Corporation Limited, a United Kingdom Corporation ("Clenergen UK").
Pursuant to the closing of the share exchange, the Company issued 13,643,045 restricted shares of its common stock to the former shareholders of Clenergen UK.
The Company is also pleased to announce that it has appointed Dr. Arvind Pandalai, Mr. Robert Kohn, Mr. David Sonnenberg, Mr. Mike Starkie, Mr Dale Shepherd and Mr. Jack Dickey to its board of directors.
For details regarding the Company's business and details of the closing of the share exchange agreement refer to the Company's continuous disclosure documents as filed on www.sec.gov.
About Clenergen Corporation Clenergen Corporation is a publicly listed company on the OTC stock market (symbol CRGE). Clenergen develops Clean Energy Generation projects to address the requirement for renewable and sustainable supplies of electricity. Clenergen installs and operates Distribution Environmental Power Systems (DEPS) and applies Plant Science to the cultivation of proprietary biomass feedstock's in order to provide sustainable supplies of clean energy to regional, independent clients and national grids. .
(OTCBB: ADLS - Advanced Life Sciences Holdings, Inc.)
LATEST NEWS!!
Advanced Life Sciences Announces Third Quarter 2009 Financial Results
CHICAGO, Nov 10, 2009 Advanced Life Sciences Holdings, Inc. (OTC Bulletin Board: ADLS), a biopharmaceutical company engaged in the discovery, development and commercialization of novel drugs in the therapeutic areas of infection, oncology and respiratory diseases, today announced its financial results for the third quarter ended September 30, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080218/ALSLOGO) The net loss allocable to common shareholders for the three months ended September 30, 2009 was $2.9 million or ($0.05) per share compared to a net loss allocable to common shareholders of $13.1 million or ($0.34) per share for the three months ended September 30, 2008. The decrease in the net loss is due to a $10.0 million milestone expense incurred under the license agreement with Abbott in the third quarter of last year as well as decreased costs related to regulatory expenses and development activities involving the Company's lead compound, Restanza(TM) (cethromycin).
The Company ended the third quarter of 2009 with cash and cash equivalents totaling $4.2 million. Cash used for operations during the quarter was approximately $4.5 million.
"In the third quarter, we continued to advance Restanza on two significant fronts: in community acquired pneumonia (CAP) and as a broad spectrum countermeasure for biodefense," said Michael T. Flavin, Ph.D., chairman and chief executive officer of Advanced Life Sciences. "In CAP, we are in ongoing discussions with the FDA to identify the scope and protocol design for the additional clinical data that would be required to satisfy the FDA's request for additional efficacy information to complete the clinical development program. In biodefense, we made exciting progress by generating positive pivotal data in anthrax and plague and receiving orphan designation in tularemia and plague." Dr. Flavin added: "As another indication of the government's interest in Restanza as a biodefense agent, the Company was invited to submit a full proposal in response to a Broad Agency Announcement (BAA) issued by the Biomedical Advanced Research and Development Authority (BARDA) within the Department of Health and Human Services for the advanced development of Restanza as a broad spectrum countermeasure for biodefense. BARDA funding could significantly help to advance Restanza toward approval by the FDA as an important medical countermeasure, and toward consideration by the government for acquisition and stockpiling." About Advanced Life Sciences Advanced Life Sciences is a biopharmaceutical company engaged in the discovery, development and commercialization of novel drugs in the therapeutic areas of infection, cancer and respiratory diseases. The Company's lead candidate, Restanza, is a novel once-a-day oral antibiotic in late-stage development for the treatment of respiratory tract infections including CAP and biodefense pathogens including anthrax, plague and tularemia. For more information, please visit us on the web at www.advancedlifesciences.com.
(OTCBB: ECOS - Ecolocap Solutions, Inc.)
LATEST NEWS!!
EcoloCap Solutions Inc. Releases CNT-Battery Preliminary Comparative Testing Results
BARRINGTON, ILLINOIS, Nov 10, 2009 EcoloCap Solutions Inc. (OTCBB: ECOS), with its subsidiary Micro Bubble Technologies Inc. (MBT), today announced that it is releasing preliminary comparative testing results on the MBT CNT-Battery prior to the products official debut at a Company hosted event in Korea on November 18th.
The MBT CNT-Battery is a 99% recyclable, rechargeable battery that utilizes a highly-conductive carbon nano tube coating to modify the fabrication of standard lead-acid batteries. The initial CNT-Battery line is a series of 12 volt modules with varying ampere hour capacities which will be available in both standard and alternative sizes. This line is designed to optimize customization and will allow users to scale voltage and capacity for use in everything from golf carts to industrial power generation.
While official independent testing of the 12 volt series is expected to be made public in early 2010, the Company is releasing select preliminary comparative data. The following table offers a side by side look at a standard energy dense configuration lead-acid battery from a leading manufacturer compared to a similarly configured MBT CNT-Battery.
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Specifications Standard MBT
Lead-Acid Battery CNT-Battery
Nominal Voltage: 12.0 V 12.0 V
Nominal Capacity: 170 Ah 1,200 Ah
Dimensions L x W x H: 22.1 x 4.9 x 11.1 in. 18.6 x 6.2 x 13.6
Weight: 117 lbs. 153 lbs.
Energy Density: 17.44 Wh/Kg 94.12 Wh/Kg
Discharge Rate @ 17 A: 10 hours 70.6 hours
Charger Type: Multi-stage Continuous
Standard Charge Time (10.5v): Minimum 8 hours 45 minutes
MBT System Charge Time: N/A 15minutes
Michael Siegel, President and CEO of EcoloCap Solutions Inc., explains: "These preliminary test results clearly demonstrate the CNT-Battery's enhanced performance characteristics. It is our expectation that the CNT-Battery's unparalleled capabilities will not only redefine the battery industry, but also the countless markets in which it is utilized." The MBT CNT-Battery will be officially unveiled at an event being held on November 18th at the Company's factory in Korea. The CNT-Battery 12 volt series will be showcased in a variety of laboratory style tests for an audience of more than 50 worldwide industry representatives.
Those interested in attending the upcoming event in person may send an invitation request to IR@ecolocap.com. For interested parties unable to attend, videos and data will be made available electronically following the event. Requests to receive event materials, company updates, and product information should be sent to Info@ecolocap.com. Further information on EcoloCap Solutions Inc. and the MBT CNT-Battery can be found at, www.ecolocap.com.
About The Company: EcoloCap Solutions Inc. (OTCBB: ECOS) and its subsidiaries Micro Bubble Technologies Inc. ("MBT"), K-MBT Inc., and EcoloCap Solutions Inc. Canada are an integrated and complementary network of environmentally focused technology companies that utilize advanced nanotechnology to design, develop, manufacture and sell cleaner alternative energy. Their portfolio of products and services include MBT's Carbon Nano Tube Battery (CNT-Battery), a rechargeable battery that surpasses the performance capabilities of any existing battery, MBT's M-Fuel, an innovative suspension fuel for non-gasoline applications that exceeds all conventional fuels' costs and efficiencies, and EcoloCap Solutions Inc. Canada's comprehensive Carbon Credit Trading consultancy services. EcoloCap markets its products worldwide, directly and through agreements with distributors. For additional information, please visit the EcoloCap website, www.EcoloCap.com, or send an inquiry to Info@EcoloCap.com.
(OTCBB: GHLV - Global Health Ventures, Inc.)
LATEST NEWS!!
Global Health Ventures Receives the First Shipment of Its Commercially Manufactured Male Enhancement Drug "X-Excite"
VANCOUVER, BRITISH COLUMBIA, Nov 09, 2009 Global Health Ventures Inc. (OTCBB: GHLV), or the "Company" a Specialty Pharma is pleased to announce today that it has completed the prototype manufacturing of the drug "X-Excite" Global's male enhancement drug. The manufacturing of the product was carried out under contract with Vida Pharma of Montreal, Canada. Vida Pharma specialized in the designing of the new tablet size, taste, and hardness. The Company has manufactured over 4000 pills from several different incipient and coatings that are all safe for human consumption. These various batches will be tested at the University of British Columbia, Canada for independent evaluation in regards to drugs adsorption, taste, color and hardness. If the samples meet our end goals then the drug will be ready for mass production under the proprietary formula for testing in humans and finally applying for regulatory approval.
The Company plans to meet the regulatory bodies in the United States, Canada and Europe to assess the time and length of the human clinical trials in the near future. The X-Excite drug is the Company's lead prescription drug. The Company is hoping to manufacture it so it can be qualified under the OTC (over the counter for pharmaceuticals) Market. If approvals are attained we believe that the product will generate a very lucrative revenue stream for Global Health.
Our lead life-style pharmaceutical product, (X-Excite), is a male sexual enhancement drug. X-Excite is a new formulation of an existing sexual enhancement drug, which is designed to rapidly enter the blood system, maximizing its efficacy and performance. The drug is developed to work sublingually, thus having a more rapid mode of action, and bypassing all the inconveniences and many side effects associated with other application routs. Life style products, such as Viagra(TM), Cialis(TM) and Levitra(TM), etc are highly lucrative, (nearly $5 billion) products for pharmaceutical companies. This lucrative market will continue to grow for the foreseeable future. The arrival of our new drug (X-Excite) with its fewer side effects and the rapid mode of action meets and will exceed the markets needs. The Company believes it will be able to take a lion's share of the market thus generating significant revenue for the Company.
"We are pleased that we have completed the research on this product and the manufacturing seems not to be a difficult or expensive process. With the recent successful fund raising, the Company should be able to push the approval of this product through regulatory doors". Said Dr. Salari, President and CEO.
About Global Health Ventures, Inc.
Global Health Ventures, Inc. (the "Company") is a specialty pharma with focus on the Over-The-Counter drug market. The Company has a new proprietary platform technology that delivers many approved drugs via the sublingual (under the tongue) route. This unique method delivers low dose drugs directly to the blood stream, bypassing all the side effects of digestive and liver system breakdowns, while maintaining product efficacy. The Company currently has five products in late stage development and several more underway.
(PINKSHEETS: MDGC - MediaG3, Inc.)
LATEST NEWS!!
MediaG3, Inc. Announces the Launch of Imperial Wireless(TM) IW4G Mobile Broadband Internet Service to Portland, Oregon
MediaG3, Inc. Progresses on Its WIMAX Roll-Out Strategy by Penetrating the Portland, Oregon Market
SANTA CLARA, CA, Nov 10, 2009 MediaG3, Inc. (PINKSHEETS: MDGC) is pleased to report the progress on the Company's developing WIMAX service roll-out strategy in the United States.
MediaG3 announces that the Company's expansion plan is advancing according to expectations in Portland, Oregon. Recently, the Company announced a successful service launch in Keizer and Salem, Oregon, and following the initial successful launch in Boise, Idaho. This is part of the Company's 19 state market roll out of WIMAX services.
The addressable market, demographics, and Company estimated revenue metrics for broadband internet services in the Portland metro markets include the following: 1) Estimated Portland metro market shows a potential subscriber base of 578,000.2) Percentage of households using broadband and wireless services at 74%.
3) Available broadband and wireless subscriber base is 427,720 households.
4) With very conservative estimated market share to be captured by MediaG3 being 5%.
5) Estimating subscribers' revenues of over $1,069,000/year initially.
"Imperial Wireless is excited to bring its IW4G WiMax Super Fast Mobile Broadband and Internet Phone Services to Portland, Oregon residents, businesses, students and mobile professionals the super fast mobile Internet experience they're used to having at home or the office, anywhere around town or on the go," said Val Westergard, Chairman, MediaG3, Inc. "We're pleased to provide this community a valuable new category of Internet service designed to make people's lives more enjoyable and more productive, wherever they happen to be in our coverage area." Joseph L. Anzalone, President & COO, had this to add: "Our service roll-out is gaining momentum as anticipated, and in many cases, ahead of expectations as subscribers are demanding the broadband services to meet their growing appetite for internet service without limits. Our strategy is to build our presence in every underserved market in the country and show the consumer an unbeatable combination of next generation broadband and mobile internet services at highly competitive prices." Furthermore, to enhance the service plan, MediaG3 plans to utilize 30 carrier grade cellular towers which were successfully acquired earlier this year and will be used to support the network expansion in selected key markets throughout the United States. "MediaG3 will be employing its strong portfolio of telecom equipment to support the WIMAX service expansion. These carrier grade towers will help in broadening the reach in conjunction with our patent-protected LMDS equipment platform. The goal to provide leading edge WIMAX service to everyone, not just those in major metropolitan communities," added Mr. Anzalone.
MediaG3's Imperial Wireless IW4G... a New Generation of WIMAX The 4G customer experience is similar to that provided by Wi-Fi, but without the short range limitations of a traditional Internet hot spot. The companies are all using a wireless 4G technology that differs from Wi-Fi called WiMAX, which provides service areas measured in miles, not feet. Further, IW4G gives you average mobile download speeds of 3 to 6 mbps with bursts over 10 mbps.* As the Internet integrates deeper into daily life, the opportunities to stay connected and be productive are enhanced by IW4G in numerous ways: A busy parent who wants full Internet connectivity for kids studying or playing games in the back of the family minivan; A college student or retiree looking for one affordable Internet service provider to meet their needs at home, on campus and on-the-go; A mobile professional who is unsatisfied with the speeds and limitations of 3G modem cards or the need to seek out Wi-Fi hotspots; A commuter interested in working or accessing entertainment sites like Hulu or Pandora on the way home.
For these and many other customers, IW4G's simple and innovative pricing provides ultimate flexibility. IW4G's mobile and residential plans can be purchased by the day or by the month, and with several no service contract options available. Home Internet service plans start at $25 per month, while mobile Internet plans start at $35 per month, or customers can purchase a convenient day pass for $10. Additional savings are available for customers by purchasing a combination of services that could include home-and-mobile or mobile-and-mobile Internet plans starting at $50 for both, or by signing up for a two-year service agreement. The dual-mode 4G/3G plan is available for just $70 per month with a two-year service agreement. Customers can find full details about pricing options, business plans and purchase the service online at www.iw4g.com, or by visiting other authorized Imperial Wireless dealers.
Simply Plug-In and Go IW4G offers several simple choices for broadband connectivity.
IW4G USB Modem and IW4G+ Mobile: Mobile users simply plug-in IW4G's compact, mobile WiMAX-enabled USB modem into their laptop to get online.
The USB modem, from Motorola, is available for only $49.99 for a limited time or leased for just $4.99 per month. Customers can purchase the modem from a store or online. Customers who travel across the U.S. may purchase the CleIW4G+ mobile USB, a dual-mode (4G/3G) modem from IW4G. The dual-mode capabilities give the truly mobile user access to nationwide 3G network service whenever the IW4G service is not available. The IW4G+ mobile USB is available to lease for only $5.99 per month.
Residential data & voice services: For residential service, IW4G offers customers a wireless high-speed modem, about the size of a small book. Customers simply plug the modem into a power outlet anywhere in their home or office and connect the modem to their PC or wireless router. This enables consumers and businesses to install high-speed Internet service without the need to schedule an appointment, drill holes in their walls, or otherwise disrupt their day. The IW4G Modem, a residential modem from Motorola, can be purchased for $69.99 for a limited time or leased for just $4.99 monthly. Residential customers can also add in-home voice service with purchase of the IW4G Voice Adapter for $15, and receive unlimited local and long distance service for just $25 per month.
IW4G Spot: With the IW4G Spot, any existing, off-the-shelf Wi-Fi device (compatible with 802.11b/g) can connect to IW4G's mobile WiMAX network. The IW4GSpot creates a personal Wi-Fi hotspot that travels with consumers anywhere they happen to be within IW4G's mobile WiMAX service area. This $139.99 device is a portable, battery-powered router that seamlessly connects up to eight standard Wi-Fi-enabled devices (computers, mobile phones, portable gaming, consoles, cameras, etc.) to the Internet via a IW4G USB modem to access IW4G's mobile WiMAX network. The IW4G Spot is compatible with both the IW4G and IW4GG+ mobile USB dual-mode service options.
Intel Embedded WiMAX Laptops: Numerous IW4G-compatible embedded WiMAX laptops based on Intel(R) Centrino(R) 2 processor technology are now available directly from their manufacturers and through other channels.
From Dell, these include the Studio 17, Studio XPS 16, Latitude E4300, Latitude E6400, Latitude E6400 ATG, Latitude E6500, Precision M2400, Precision M4400 and Vostro 1220. From Fujitsu, this includes the LifeBook P8020. WiMAX-ready laptops from Lenovo include the ThinkPad line: SL500, X200, X200s, X200 Tablet, X301, T400, T500, W500, W700. From Samsung, this includes the X460 notebook as well as the NC10, the first WiMAX-enabled netbook based on the Intel(R) Atom(TM) processor, available in the U.S.
Samsung Mondi: The Samsung Mondi is a mobile, WiMAX-enabled handheld device that combines the abilities of a PC with the size and portability of a phone.
About Imperial Wireless Imperial Wireless, LLC, an operating subsidiary of MediaG3, Inc. (PINKSHEETS: MDGC), offers a robust suite of advanced high-speed Internet services to consumers and businesses. As part of a multi-year network build-out plan, Imperial's service, called IW4G(TM), will be available in major metropolitan areas across the U.S., and bring together an unprecedented combination of speed and mobility. Imperial's open all-IP network, combined with significant spectrum holdings, provides unmatched network capacity to deliver next-generation broadband access. Strategic investors include Intel Capital, Comcast, Sprint, Google, Time Warner Cable, and Bright House Networks. Imperial Wireless currently provides 4G service, utilizing WiMAX technology, in sixteen markets and provides pre-WiMAX communications services in 40 markets across the U.S. and Europe. Headquartered in Santa Clara, CA., additional information about Imperial Wireless and MediaG3 is available at www.mediag3.com or www.iw4g.com
(OTCBB: ESPH - Ecosphere Technologies, Inc.)
LATEST NEWS!!
Ecosphere Energy Services Closes $7.5 Million Financing with Fidelity National Financial
STUART, Fla., Nov 10, 2009 Ecosphere Energy Services LLC, EES, a majority owned subsidiary of Ecosphere Technologies, Inc. (OTC Bulletin Board: ESPH), announces today that it has closed a financing round of $7.5 million with Fidelity National Financial, Inc. FNF is a leading provider of title insurance, mortgage services, specialty insurance, claims management services and information services. FNF will own 19% of EES.
EES is a provider of proprietary water purification and management services to the energy industry. The company manufactures water purification and management units, utilizing the proprietary Ozonix(TM) technology. Ozonix(TM) offers an eco-friendly "Total Water Management" system that is capable of cost effectively reclaiming water for maximum reuse and minimal waste.
John Kuelbs, Chairman of Ecosphere Energy Services, stated, "We are excited to be partnering with FNF, a world class organization. After seeing our mobile Ozonix technology at work in the field and speaking with the operators, FNF decided to make an equity investment in our company. This important $7.5 million round of capital will allow EES to build all of the equipment that we need to fully fund our Southwestern Energy contract." "EES is a company with a tremendous proprietary technology that we believe can deliver a great return on our investment. EES provides an eco-friendly, cost-effective solution that can make a real difference in the energy industry," said FNF Chairman William P. Foley, II. "EES' technology helps major energy producers extract clean energy from abundant shale plays, while at the same time reducing CO2 emissions and protecting vital water resources. We look forward to being partners with Ecosphere to help bring this technology to its customers." Make sure you are first to receive timely information on Ecosphere Technologies when it hits the newswire. Sign up for Ecosphere's email news alert system today at: http://www.ESPH-IR.com About Ecosphere Technologies: Ecosphere Technologies, Inc. (OTC Bulletin Board: ESPH) is a diversified water engineering and environmental services company primarily focused on the natural gas industry. The Company provides water-recycling services to provide clean water for energy companies to extract natural gas from unconventional shale plays. Ecosphere's mission is to identify, create and produce clean technologies that solve a significant industry challenge, improve the quality of life and the environment, and are economically viable. Ecosphere has an extensive portfolio of patented clean technologies that can be purchased and licensed for use in large-scale and sustainable applications across industries, nations and ecosystems. For more information, please visit: www.ecospheretech.com.
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