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TEWI | Quote | Chart | News | PowerRating -- STOCK MARKETING INC PRESENTS : (OTCBB: CSUH | Quote | Chart | News | PowerRating) Celsius Holdings, Inc., (OTCBB: BRGO | Quote | Chart | News | PowerRating) Bergio International, Inc., (PINKSHEETS: OWVI | Quote | Chart | News | PowerRating) One World Ventures, Inc., (OTCBB: TEWI | Quote | Chart | News | PowerRating) Titan Energy Worldwide, Inc., (OTCBB: FSNR | Quote | Chart | News | PowerRating) Freestone Resources, Inc., (OTCBB: PSRU | Quote | Chart | News | PowerRating) PureSpectrum, Inc.
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(OTCBB: CSUH - Celsius Holdings, Inc.)
LATEST NEWS!!
Celsius Holdings Files Registration Statement for the Sale of Common Stock; Board Authorizes 1 for 20 Reverse Stock Split CSUH to Apply for NYSE AMEX Listing
DELRAY BEACH, FL, Nov 19, 2009) -- Celsius Holdings, Inc. (OTCBB: CSUH | Quote | Chart | News | PowerRating) today announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed offering of 2,500,000 shares of common stock (after giving effect to a 1 for 20 reverse stock split to be implemented prior to consummation of the offering as described below). The registration statement indicates the common stock will be offered in an underwritten offering at a price per share to be determined, through Ladenburg Thalmann & Co. Inc as lead underwriter. Celsius Holdings, Inc. intends to grant the underwriter a 45-day option to purchase additional shares of common stock to cover over-allotments, if any.
Net proceeds from the proposed offering are expected to be used for 2010 marketing efforts, new product development and general corporate purposes, including working capital.
In connection with the proposed offering, the board of directors authorized a 1 for 20 reverse stock split, in which all our issued and outstanding shares of common stock will be combined and reconstituted as a smaller number of shares of common stock, in a ratio of one share of common stock for every 20 shares of common stock. Our authorized shares of capital stock will be reduced proportionately from 1,000,000,000 to 50,000,000 shares of common stock and from 50,000,000 to 2,500,000 shares of preferred stock. The reverse stock split will be implemented prior to the effective date of the registration statement and we will advise our shareholders of the record and effective dates for the reverse stock split in a subsequent press release. Application will also be made to list our common stock for trading on NYSE Amex upon consummation of the proposed offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of such securities under the securities laws of any such state. This offering will be made only by means of a prospectus. When available, copies of the prospectus may be obtained from Ladenburg Thalmann & Co. Inc., 4400 Biscayne Blvd., Miami, Florida 33137 or toll free at 866-576-5134.
About Celsius Holdings, Inc.
Celsius Holdings, Inc. (OTCBB: CSUH | Quote | Chart | News | PowerRating) markets Celsius(R), the original, great tasting calorie burner that is backed by science, through its wholly-owned operating subsidiary, Celsius, Inc. Celsius, Inc. is dedicated to providing healthier, everyday refreshment through science and innovation. Information about Celsius Holdings, Inc. is available at our website. More information about Celsius, the original, great tasting calorie burner, is available at http://www.celsius.com.
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(OTCBB: BRGO - Bergio International, Inc.)
LATEST NEWS!!
Bergio Featured in Robb Report Magazine
FAIRFIELD, N.J., Nov 19, 2009 -- Bergio International, Inc. (OTC Bulletin Board: BRGO | Quote | Chart | News | PowerRating) announces that it has been featured in a six page story of the affluent magazine, Robb Report, in the November issue.
"Robb Report is just one of the many avenues of advertising Bergio has put into place to brand its name. Bergio is the first designer in Robb Report magazine to have multi-page exposure," stated Berge Abajian, CEO of Bergio International, Inc.
About Robb Report For over 30 years, Robb Report magazine has served as the definitive authority on connoisseurship for ultra-affluent consumers. Robb Report not only showcases the products and services available from the most prestigious luxury brands around the globe, but it also provides its sophisticated readership with detailed insight into a range of these subjects, which include sports and luxury automobiles, yachts, real estate, travel, private aircraft, fashion, fine jewelry and watches, art, wine, state-of-the-art home electronics and much more. For connoisseurs seeking the very best that life has to offer, Robb Report remains the essential luxury resource.
About Bergio International, Inc.
Bergio is entering into its 20th year of operations with boutique, upscale jewelry stores. It currently sells its jewelry to approximately 150 independent jewelry retailers across the United States. Bergio has spent millions in branding the Bergio brand through tradeshows, trade advertising, national advertising and billboard advertising since launching the line in 1995. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in Italy and Bangkok.
We have established Bergio International as a holding company for the purpose of acquiring well-established jewelry design and manufacturing firms who possess branded product lines.
Additionally, Bergio intends to acquire design and manufacturing firms throughout the United States and Europe. If and when they pursue any potential acquisition candidates, they intend to target the top 10% of the world's jewelry manufactures that have already created an identity and brand in the jewelry industry.
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(PINKSHEETS: OWVI - One World Ventures, Inc.)
LATEST NEWS!!
One World Ventures, Inc. CEO to Be Featured via Audio Interview With SmallCapVoice.com
LAS VEGAS, NV, Nov 18, 2009 -- One World Ventures, Inc. (PINKSHEETS: OWVI | Quote | Chart | News | PowerRating) today announced that Stephen Prior, CEO of One World Ventures, will be featured in an audio interview available by market close on Friday, November 20, 2009 conducted by Stuart T. Smith of SmallCapVoice.com. During the interview Mr. Prior provides a company overview, status and answers many questions that investors have poised.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
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(OTCBB: TEWI - Titan Energy Worldwide, Inc.)
LATEST NEWS!!
Titan Energy Worldwide Releases Third Quarter Financials, Reports Record Sales
Company Sales for First Nine Months of 2009 a Record High
MINNEAPOLIS, MN, Nov 19, 2009 -- Titan Energy Worldwide, Inc. (OTCBB: TEWI), a leader in distributed power generation products and intelligent energy management services, released today its financial results for the third quarter of 2009. The Company reported $7.1 million in sales for the first nine months of 2009, an increase of more than 20% over the same period in 2008 and a record high for any nine month period in the Company's history. The Company also posted lower operational losses in the first nine months of 2009, a 15% decrease over the same period in the previous year. For more detailed information, please access the Company's Form 10Q SB at www.sec.gov.
"The strong sales results that we have posted since the beginning of the year continue to demonstrate the success of management's strategy for Titan Energy's growth. We are today reporting the highest nine months of revenue in the Company's history. An increase in sales of annual and multi-year service contracts combined with a significant reduction in our operational expenses has also resulted in the lowest losses from operations for a nine month period. These trends point towards the Company reaching its goal of positive EBITDA by no later than the middle of 2010," said Jeffrey Flannery, Titan Energy's Chief Executive Officer.
"Titan Energy's commitment is to be an active partner with our customers as they seek to better manage and monitor their energy resources. We help our customers achieve optimal use of their power assets by offering them stronger tools and applications to increase their energy efficiencies. These service programs are not only valuable to our customers, but offer recurring, longer term contracts for Titan Energy which can be very profitable for the company. Our path to overall profitability is partially based on increasing service sales as a percentage of our overall sales, and we are achieving great success in building this part of our business," concluded Flannery.
About Titan Energy Worldwide, Inc.
Since its founding, Titan Energy Worldwide has been dedicated to helping companies meet their power generation and energy management needs. To date we have focused on providing thousands of customers with the most advanced power generation equipment to enable their operations to continue uninterrupted during times of power failures or disasters. We have also established a professional service team that helps customers to maintain and manage their power generations assets. From emergency and back-up power technologies, to demand response programs and Smart Grid applications, Titan Energy is setting a path for the future in energy management. For more information, please visit the company's website at: www.titanenergy.com.
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(OTCBB: FSNR - Freestone Resources, Inc.)
LATEST NEWS!!
Freestone Resources Representative Joins Board of Joint Venture That Owns Majority Interest in Oil Sands Mineral Rights
DALLAS, TX, Nov 19, 2009 -- Freestone Resources, Inc. (OTCBB: FSNR | Quote | Chart | News | PowerRating) announced today that Mr. Lawrence Shultz, President of Freestone's subsidiary Earth Oil Services, Inc., was appointed to the board of directors of Bleeding Rock, LLC, a Utah Corporation, in which Freestone is the beneficiary of a 50% member interest.
Bleeding Rock owns 60% of Green River Resources, an Alberta, Canada corporation, which has the exclusive mineral rights to mine oil sand ore and extract bitumen from over 1,800 acres of private property located near Price, Utah, which according to Green River's audited financial statements dated December 31, 2008 contains over 326 million barrels of bitumen reserves (of which Green River has the rights to approximately 210 million barrels), based upon a Resource Report by a global mining engineering and consulting firm that drilled core samples on the property.
Freestone's ownership stake in the Green River Resources Corporation was issued as a result of the successful demonstration of the 3rd generation oil recovery machine pictured in the video on the company's EncapSol product website (http://encapsol.com/tar-sands-and-oil-shale-extraction/). It is the intent of the parties to use the EncapSol technology on the oil sands-rich properties under the control of Green River Resources.
Freestone believes that the low-impact, water-free, closed-loop, zero-discharge operating advantages of EncapSol's chemical-based oil extraction technology (over its more-expensive, lesser-performing, energy-intensive, river water-consuming, effluent-producing, air-polluting heat-based competitors) will win the support of the public and earn permit approvals from local, state and federal agencies and government officials who are serious about expanding America's production of low-cost oil from its currently vast but untapped oil sands resources.
Freestone's EncapSol technology has been successfully demonstrated to cost-effectively extract oil from oil sands in an environmentally friendly and politically acceptable way, which can create an entirely new clean oil mining industry in North America and create thousands of new clean oil jobs that can help the American economy, while reducing America's dependence on foreign oil imports.
Freestone will update its shareholders as to the status of the Green River Resources venture in Utah as progress is made toward the completion of a large-scale 4th generation production facility.
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(OTCBB: PSRU - PureSpectrum, Inc.)
LATEST NEWS!!
PureSpectrum Nearing Completion of Product Launch Calendar That Includes CFL and Linear Fluorescent Products
PSRU Trading on OTC Bulletin Board Following Completion of Share Exchange
SAVANNAH, Ga., Nov 19, 2009 -- PureSpectrum, Inc. (OTCBB: PSRU | Quote | Chart | News | PowerRating) has continued to make progress toward finalizing a product launch plan that will include additional products in both the Compact Fluorescent Lamp (CFL) and linear fluorescent categories.
Sales momentum has continued to build for the company's 20-watt dimmable CFL introduced earlier this year, and inventory to fulfill purchase orders is warehoused in the United States. A product shipment cleared US customs this week, and an additional container shipment is expected to arrive during the first week of December. PureSpectrum Vice President of Sales Garth Kullman said the company has received and fulfilled initial purchase orders for the 20-watt dimmable CFL. He also said additional purchase orders are in progress, and the company's manufacturer's representatives and distribution partners are receiving multiple requests for quotes from utilities and commercial entities which could become future purchase orders. Kullman also said based on recent feedback from manufacturing and engineering partners, PureSpectrum expects to be able to launch multiple additional CFL products as well as several linear fluorescent products in 2010. Pending the results of a final engineering and manufacturing evaluation taking place this week in China, the company anticipates that Energy Star testing can begin later this month for at least two additional dimmable CFL products.
As the company continues its efforts to immediately expand its CFL product line, PureSpectrum's sales team concluded a direct mail campaign intended to stimulate not only purchase orders but also brand familiarity within several potentially applicable market sectors for dimmable lighting products. The campaign included delivering approximately 1,700 samples of the 20-watt dimmable CFL to a target list of more than 1,200 distributors, retailers, utilities, retail outlets, hotels and medical facilities in the United States.
Members of PureSpectrum's engineering team are also meeting this week with a Chinese manufacturer regarding dimmable linear fluorescent fixtures which the company believes could be added to its product catalog in the near future. As the relationship with the manufacturer has solidified during the past month, PureSpectrum's sales staff has worked to put in place multiple potential sales channels in anticipation of the dimmable linear fluorescent fixtures' availability.
"We are acutely aware that our shareholders have experienced significant concern during the past week following the company's move to the OTC Bulletin Board and the drop in our price per share once trading began, but I want to assure our shareholders that we are continuing the execution of our business plan in order to put the company in position to make progress toward meeting our corporate goals," said PureSpectrum Chairman and CEO Lee Vanatta. "Prior to encountering unforeseen and unfortunate engineering and manufacturing delays, we told our shareholders we would be introducing multiple CFL products. We expect to be able to launch at least two additional SKUs in the first quarter of 2010 and introduce the company's first dimmable linear fluorescent product to give us an appropriate platform to meet our stated revenue goal of $66 million in 2010. Although the company did expect its stock to experience some selling as restricted shares became free trading, we are sensitive to the anxiety caused by the downward trend in the stock price. But in light of the progress the company has made as well as the positive developments in the areas of sales and product development, we ask that our shareholders be patient during this time of transition as we take measures that we believe give the company the best chance for short term and long term viability." Call 912-961-4980 or visit www.purespectrumlighting.com for more information.
ABOUT PURESPECTRUM PureSpectrum, Inc. is a technology-driven lighting company headquartered in Savannah, Ga., that is striving to develop performance based technology solutions for energy efficient lighting in multiple categories. The company's mission is grounded in the quest to preserve natural resources and a belief that energy efficient lighting will be embraced and absorbed through improved performance. PureSpectrum is designing technology and products that enable energy conservation and improved performance without increased cost or confusion for the consumer. PureSpectrum plans to continue its commitment to researching and developing technologies and products that satisfy consumer demand and advance the cause of energy conservation. Please call 912-961-4980 or visit www.purespectrumlighting.com for more information on PureSpectrum.
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