Press Release Source: WatchIt Technologies Inc. On Wednesday March 9, 2011, 9:32 am EST
ARDEN, N.C--(BUSINESS WIRE)-- WatchIt Technologies Inc. (http://www.watchittech.com) (PINK SHEETS: WTCT) announced today that the company has reduced the issued and outstanding common shares by slightly more than 28%. According to the company, the issued and outstanding common shares were reduced by 231,547,468 shares resulting in a new I/O of 590,462,659 and a public float of 488,304,309 shares. Management believes that this action demonstrates its commitment to the common shareholder to improve and preserve the share structure, thus adding value for all. “The company was able to reduce its I/O by having a number of shareholders holding permanently restricted shares voluntarily return their certificates for retirement. These shareholders received no compensation for their return, but instead did it for the benefit of the company,” stated Max Bennett, President and CEO of WatchIt Technologies.
“In addition, in preparation for investment dollars, the company modified the terms of purchase so Air Pure no longer holds any common shares,” stated Bennett. “Management believes that these actions will not only increase shareholder value, but meet the potential investor’s needs.”
CNUV (China Nuvo Solar Energy) .0038 The stock has been having merger news for quite sometime, this stock was mentioned at .0016-.002 range and had some nice opportunities to profit an entry would be a good risk today CNUV released news on possible acquisition of lithium producer
Press Release Source: China Nuvo Solar Energy, Inc. On Wednesday March 9, 2011, 7:00 am EST
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- China Nuvo Solar Energy, Inc. (OTCBB: CNUV) today announced plans to acquire lithium ion battery company Freya Energy Inc. (“Freya”). The parties have executed a non-binding Letter of Intent (“LOI”) and are moving toward the signing of a definitive agreement over the next sixty days. Pursuant to the terms of the LOI, China Nuvo Solar would acquire one hundred percent of the outstanding common stock of Freya. Further details of the agreement will be released in the near future. The Company will continue to trade under the stock ticker “CNUV” with Freya becoming a wholly owned subsidiary of the alternative energy parent.EGOC (Energy1 Co.) .0015 this stock is giving opportunities to add at .0014 -.0015 I say load this stock, has alot going for it, nice share structure , low float 48 million float and 2 energy efficient technology patents , news pending ,the more you want to keep this under the harder it rises , my short term is still .005
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