LOS ANGELES, CA--(Marketwire - 04/06/11) - Sionix Corporation (OTC.BB:SINX - News), designer of innovative and patented, advanced mobile water treatment systems (MWTS), announced today that it has signed a Memorandum of Understanding (MOU) with TII Trading International Investment, Inc. (TII), an operating unit of SAPO International, S.A., working with multiple public and private agencies in Japan. The MOU contemplates the purchase by TII of thirty (30) MWTS and the subsequent manufacture of more in Japan to remediate contaminated water caused by the recent earthquake and resulting tsunami, including removal of radioactive contaminants. TII intends to finance its purchase of the thirty (30) MWTS by obtaining a letter of credit from a banking institution.
The MOU also defines the general terms and conditions under which TII and SIONIX will form a joint venture (JV) to provide on-going, long term fabrication and assembly of MWTS in Japan to remediate drinking water and wastewater in multiple refugee centers being established in affected areas. The events of March 11, 2011 decimated basic infrastructure, and created leaks and potential leaks from multiple nuclear power plants which threaten the health and survival of the local inhabitants, and impact necessary social and community services. It is anticipated that the JV will become a licensee of SIONIX intellectual property, including patent and know-how (SIONIX IP) in Japan and its external territories.
RPPR (AquaStar Holdings) .001 this stock saw huge volume yesterday announcing news , this surged to a .0018 yesterday may see .002 soon
SANTA ANA, CA--(Marketwire - 04/05/11) - AquaStar Holdings, Inc. (Pinksheets:RPPR - News) is pleased to announce that the Company has completed the acquisition of SUTIMCo, Inc., a provider of management services and infrastructure for emerging technology companies based in Santa Ana, CA. As part of the agreement, AquaStar has acquired 100% of the shares of SUTIMCo in exchange for $9,500,000, payable in $4,000,000 of preferred stock in AquaStar and $5,500,000 in cash to be paid within a 24 month period from the date of closing. The Company's first objective will be to negotiate and secure new financing to support the growth and product development of the university developed technologies that SUTIMCo markets.
The SUTIMCo, Inc. robust portfolio of relationships with prestigious American universities is unique and strategic. North American universities invest over $42 billion in science and technology research, with about 15,000 new technologies disclosed annually. SUTIMCo's portfolio of technology and innovation start-ups, in partnership with more than two-dozen of the nation's premier research universities, includes operating companies, companies in the pre-funding stage and projects in the development process. Each of these business entities is being advanced by the SUTIMCo management team and methodology.
"We are thrilled to be expanding our presence in the emerging technologies market with SUTIMCo as terms have been finalized by both parties," stated Malcolm Lennie, President of AquaStar Holdings, Inc. "We expect SUTIMCo's outstanding team will help us drive increased revenue and shareholder value."
GGII (Green Global Int'l) .0002 the stock saw over 325 million in volume and announced news today of possible acquisitions and new business strategy , this is a high risk high reward stock that has .11 the stock could see a nice profitable move in the weeks to come. My short term target is .0006
LOS ANGELES--(BUSINESS WIRE)-- Green Globe International, Inc. (OTC:GGII.ob - News) today updated shareholders on the status of its financial filings, the repositioning of the company’s current certification licensing agreements, its strategy to expand its revenue model, and its intention to consummate a strategic acquisition in the near future that would result in a change to the company’s name.
The company recently posted its Annual Report at www.otcmarkets.com and is currently working on the Quarterly Report for the period ended March 31, 2011. The company will post this quarterly report through the OTC Markets disclosure platform, and with the assistance of Jeff Garrison (www.fiscallygreen.net), its consultant CFO, expects to meet the timelines required to achieve and maintain “Current Information” status.
The company also has completed the repositioning and assignment of its licensing agreements with its two certification licensees to its subsidiary, Green Globe Limited, a UK corporation and the owner of the trademark rights to the Green Globe name and logo. The ongoing strategy is to support the growth of licensing revenues from certification, which will be included as part of the public company’s consolidated financial statements.
With the certification licensing agreements transferred to Green Globe Limited, the company will move forward to consummate a targeted acquisition. The company is currently in negotiations with two possible acquisitions and expects to complete one of them in the near term. The acquisition strategy is expected to result in a change in the name of the public company.
“The movement of the licensing agreements to Green Globe Limited is consistent with the strategy we laid out for shareholders in 2010, and we have now completed this process,” said Green Globe International Managing Director and CEO Steven R. Peacock. “We will now move forward to complete a strategic acquisition and to rebrand the company with a new name, allowing us to expand our focus beyond just Green Globe branded programs. Management has no plans for a reverse split and will work to build value within the company’s current structure.”
IMNS (Star8 Corp) .035 the stock traded over .30 not to long ago and since gone down today saw unusual volume and could see a nice push over .10, watch for volume
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