www.standoutstocks.com: Stocks That Stand Out For Nov. 30th, 2009 Are PGCX, EVFN, LIEG, XODG
XODG | Quote | Chart | News | PowerRating -- www.Standoutstocks.com: Stocks That Standout For Nov. 30th, 2009 are PanGenex Corporation (Pink Sheets: PGCX | Quote | Chart | News | PowerRating), Evolution Fuels, Inc. (Pink Sheets: EVFN | Quote | Chart | News | PowerRating), Li3 Energy, Inc. (OTC Bulletin Board: LIEG), Xodtec Group USA, Inc. (OTCBB: XODG)
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PanGenex plans direct response TV programme in 2010
Nov 30, 2009 -- Nutraceutical and dietary supplements company PanGenex Corporation (Pink Sheets:PGCX.PK) said on Friday that it is planning to release a direct response television programme pursuant to its partnership with Incredible Discoveries in early 2010.
The long form television programme will demonstrate the benefits of Calci-CLEAR, PanGenex's patent pending dietary supplement that addresses soft tissue calcification. This is the abnormal hardening of soft tissues in the body such as tissues and organs.
A wholly-owned subsidiary of O2Media Inc, Incredible Discoveries is an integrated production, marketing and investment partnership company.
Evolution Fuels Releases Corporate Profile on Evolution Resources Pursuant to Recent Dividend and Stock Split
Profile Provides Overview of Business Plan and Growth Initiatives for 2009 and Beyond
DALLAS, Nov 30, 2009 -- Evolution Fuels, Inc. (Pink Sheets: EVFN | Quote | Chart | News | PowerRating) today releases a corporate profile on Evolution Resources (OTCBB:EVLN) pursuant to the recently announced stock split and dividend, whereby two million shares of EVLN stock will be disbursed to current shareholders of Evolution Fuels in the form of a dividend. The profile provides an overview of Evolution Resources and its growth initiatives going forward: Evolution Resources is a development stage company focused on the advancement of the production of advanced biofuels such as cellulosic ethanol. Evolution Resources' business plan contains certain proposed projects, that if successfully implemented and completed, will leverage existing assets and infrastructure to significantly shorten the time frame required to establish commercial scale cellulosic ethanol production facilities and to "repurpose" certain existing industrial operations that already manage huge quantities of biomass feedstocks.
Historically, ethanol has been produced mostly from sugars or starches, obtained from sources like sugar cane and corn. In contrast, cellulosic ethanol is produced from cellulose, the main component of wood, straw and much of the structure of plants. A significant advantage of cellulosic ethanol is that cellulose does not compete with the production of food stuffs, and many sources of cellulose, such as forestry residues, waste paper and municipal solid waste, are often available at relatively low cost, or are even free, in relatively abundant supply.
Once produced from its biomass components, ethanol contains 35% oxygen by weight in its finished form. When combined with gasoline, it acts as an oxygenate, artificially introducing oxygen into gasoline and raising oxygen concentration in the combustion mixture with air. As a result, the gasoline burns more completely and releases less unburnt hydrocarbons, carbon monoxide and other harmful exhaust emissions into the atmosphere. Evolution Resources considers the use of ethanol as an automotive fuel an effective way to reduce harmful automobile exhaust emissions.
In addition to the advantages of ethanol as a fuel, Evolution Resources believes the renewable energy sector is in a unique position. The American Recovery and Reinvestment Act of 2009 has allotted $787 billion that must be spent according to specific guidelines. One of its main objectives includes the goal to preserve/create jobs while promoting economic recovery, and to invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits.
Due to the decline in the general economy, which hit the renewable energy industry particularly hard, Evolution Resources has researched and discovered a number of financially troubled opportunities that could enable the Company to potentially acquire these assets at extremely attractive prices, with the potential of a significant increase in value when the economy returns and the demand for energy increases.
Evolution Resources has researched and discovered a number of key opportunities, primarily in the Northwestern and Southeastern United States. The Company's management believes it can repurpose and upgrade the assets acquired at a significant discount. The team is also in a position to test new technologies and to provide renewable energy at a cost competitive price. New grant and low interest loan programs are available from the Federal and State agencies that were allocated stimulus money to revitalize and expand the renewable energy industry. These programs allow significant leveraging of the equity dollars by matching these dollars with grants on at least a one-for-one basis.
In the areas it has concentrated its search, Evolution Resources has garnered significant governmental support. Economic conditions in several of these regions have deteriorated to the extent that changes in certain industrial sectors are critical for the livelihood of many of the towns and cities. Evolution Resources is actively engaged with state and local governments, as well as regional economic development authorities, who are assisting with the development of the Company's project plans.
Evolution Resources' management team has spent the last four years working in the renewable fuels industry and through this experience has identified these opportunities in biofuels production. Evolution Resources is lead by Dennis G. McLaughlin, its Chief Executive Officer and Chairman of the Board. Known as an entrepreneur and a biofuels energy industry leader, Mr. McLaughlin has guided a number of mergers and acquisitions while teaming with seasoned managers and investors to create value in a rapidly developing business arena.
Mr. McLaughlin and the core members at Evolution Resources are assembling a team of industry experts to advise and assist the Company's management as the project plans are developed. The team already includes members from the scientific, financial, legal, and government policy communities who are all well experienced in the field of renewable fuels.
"We represent a true paradigm shift in the biofuels arena," said Mr. McLaughlin. "We are looking to create a viable renewable energy model based on cellulosic ethanol and biodiesel technology that is highly scalable in nature and can deliver the type of cost savings required for broad adoption by consumers. We look forward to providing the public with more information about Evolution Resources, including investor-facing assets such as investor fact sheets and corporate overview videos, which will be announced as soon as they are available." For more information on Evolution Resources, please refer to the company's recently filed Form 10-K filed with the SEC, which is available on the SEC.gov website.
About Evolution Resources, Inc.
Evolution Resources, Inc. (OTCBB: EVLN) is a renewable energy company focused on the production of cellulosic ethanol and biodiesel transportation fuels. Presently, the company is perusing certain proposed projects that will leverage existing distressed assets and infrastructure in the Southeast and Northwest. The management team shares key members with Evolution Fuels (Pink Sheets: EVFN), which recently announced a disbursement of two million shares of EVLN stock that was held on its books to its current shareholders in the form of a dividend. For additional information on Evolution Resources, please visit its corporate website: www.evoresources.com.
About Evolution Fuels, Inc.
Evolution Fuels, Inc. endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.
Forward-Looking Statements Disclosure This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Li3 Energy, Inc. Announces a Letter of Intent to Acquire Puna Lithium Corporation
LIMA, Peru, Nov 30, 2009 -- Li3 Energy, Inc. (OTC Bulletin Board: LIEG; "Li3 Energy") is pleased to announce it has signed a letter of intent to acquire Puna Lithium Corporation ("Puna").
Puna has an option to acquire up to an aggregate eighty percent (80%) interest in 123,000 acres of prime Chilean salar ground located across 9 Chilean salars, including the producing Salar de Atacama where Sociedad de Chile SC has production facilities. The Salar de Atacama currently contains the highest economic lithium concentrations in the world as well as some of the lowest processing costs due to its: low magnesium content; high evaporation rates; and ability to operate year round.
Puna also has an option to acquire up to eighty five percent (85%) of 90,000 acres of salar property in Argentina, in the Centenario, Rincon, Pocitos and Cauchari salars.
The transaction is subject to legal and financial due diligence by Li3, which is expected to be finalized within the next 90 days. The parties have agreed to use their best efforts to sign a formal agreement within 90 days. The letter of intent contains, and the formal agreement will contain, customary exclusivity provisions and other conditions to closing.
Luis Saenz, Chief Executive Officer of Li3 Energy, stated: "We are extremely excited by the addition of these two substantial land packages complementing our acquisition in Big Smoky Valley, Nevada announced last week. This transaction now positions Li3 as a major strategic landholder in the Puna Plateau, which contains the largest concentrations of lithium brines in the world and is the host to over 70% of the world's lithium reserves and production.
"With the combination of Nevada, Argentina, and Chile, Li3 has secured approximately 300,000 acres of prime brine properties in the 3 major politically stable brine production areas in the world. These properties will provide the platform for Li3 on the primary production side to execute on its business plan of rapidly developing a vertically integrated lithium production, manufacturing and sales company. Our technical team is prepared and excited to aggressively begin work on the development of these assets along an accelerated timetable." About Li3 Energy, Inc.
Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina and Chile. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally.
Forward-Looking Statements Certain statements in this news release are forward-looking statements. These statements are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "proposes", "hopes," "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information and assumptions of management. The proposed acquisition of Puna Lithium is subject to a number of conditions that may not be satisfied, and there can be no assurance that it will be consummated, nor can there be any assurance that the Chile Salar, Centenario Brine, Rincon Brine, Pocitos and Cauchari Brines projects will be successfully developed. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company, including, but not limited to, the Company's ability to identify other corporate acquisition and/or joint venture opportunities in the lithium mining sector and to establish the technical and managerial infrastructure, and to raise the required capital, to take advantage of, and successfully participate in such opportunities; future economic condition; political stability; and lithium prices. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission at www.sec.gov.
Xodtec Group USA, Inc. Has Signed an Energy Service Contract with a Grand Resort to Retrofit Energy and LED Lighting Systems CARSON CITY, Nev., Nov 30, 2009 -- Xodtec Group USA, Inc. (OTCBB: XODG | Quote | Chart | News | PowerRating) (the "Company"), a market leader in LED lighting, announced today that it has signed an energy service contract with West Lake Resortopia to act as its energy service company ("ESCO") and provide a broad range of comprehensive energy solutions including illumination and artistic lighting for environmental and architectural decoration. West Lake Resortopia is a resort which incorporates the mountains and natural scenery surrounding it in Miaoli County, Taiwan. By introducing integrated energy solutions, Resortopia hopes to promote its corporate image by reducing its electricity expense and carbon emissions to provide a cleaner environment.
Resortopia will purchase a large number of indoor, outdoor, color-changing artistic light lamps and fixtures from Xodtec, which will also retrofit Resortopia's illumination and decorative lighting systems. The project is divided into three phases; the ongoing first phase is about providing an integrated energy-efficient hot water system, expected to generate revenue in excess of $1,500,000US; the second and third phases are about providing LED illumination and ambience artistic lighting, currently under planning and expected to be executed at the end of year 2009. The estimated gross revenue of this project is approximately in excess of $4,687,000US.
"West Lake Resortopia is a comprehensive project, we will not merely provide LED lighting products, but also engineer integrated energy solutions," stated Curtis Su, Chairman of Xodtec Group USA, Inc. "This is a challenging project for us, combining optimal energy-efficient lighting solutions and outstanding artistic lighting effects which we hope will demonstrate our versatility in the lighting industry." About Xodtec Group USA, Inc.: Xodtec, a Nevada corporation, is an Energy-Saving Lighting Solutions Provider based in Taiwan. Xodtec provides high performance and cost-effective energy-saving LED solutions and traditional lighting products for private companies, public facilities, residential communities, factories and households, providing optimal energy-saving solutions that meet today's energy management requirements. Please visit our website http://www.xodtec.com.tw/xodtec_en/ for detailed company information.
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Xodtec Group USA, Inc., are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission.
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