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American Video Teleconferencing Corp. (OTCPK:AVOT)
AVOT is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, AVOT will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
China has been one of the main supplier to the US of the Earth's rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.
AVOT is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. AVOT is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
Presently AVOT is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.
Illinois Tool Works Inc. (NYSE:ITW)
The board of directors of ITW declared a regular quarterly cash dividend of $0.34 cents per share or $1.36 per share on an annual basis. This dividend will be paid on Tuesday, January 11, 2011 to stockholders of record on Friday, December 31, 2010.
Illinois Tool Works Inc. manufactures a range of industrial products and equipment worldwide. The company’s Transportation segment offers metal and plastic components, fasteners, and assemblies; fluids and polymers; fillers and putties; polyester coatings, and patch and repair products; and truck remanufacturing and related parts and service.
Honeywell International Inc. (NYSE:HON)
The Board of Directors of HON has declared a regular quarterly dividend of $0.3025 per share on the company's outstanding common stock. The dividend is payable on December 10, 2010 to shareowners of record at the close of business on November 19, 2010.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides turbine propulsion engines, auxiliary power units, environmental control systems, electric power systems, engine systems and accessories, avionics systems, aircraft and obstruction lighting systems, inertial sensor systems, control products, space products and subsystems, management and technical services, and landing systems for aircraft manufacturers, airlines, business and general aviation, military, space, and airport operations.
Constellation Energy Group, Inc. (NYSE:CEG)
CEG announced adjusted earnings of $0.48 per share for the third quarter of 2010, compared with adjusted earnings of $1.23 per share in the same period last year. Adjusted earnings exclude the cumulative effects of changes in accounting principles, discontinued operations and special items (which are defined as significant items that are not related to the company’s ongoing, underlying business or which distort comparability of results). On a Generally Accepted Accounting Principles (GAAP) basis, Constellation Energy reported a loss of $6.99 per share in the third quarter of 2010, compared with earnings of $0.69 per share in the third quarter of 2009. The 2010 GAAP results include noncash impairment charges of $7.29 per share related to our nuclear joint ventures, Constellation Energy Nuclear Group, LLC (CENG), and UniStar Nuclear Energy, LLC, and certain other equity method investments.
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