GRHU announced recently the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
GRHU, through its subsidiary, R Squared Contracting, Inc., provides energy efficiency products and technologies to the residential, commercial, and industrial building markets. GRHU also offers ethanol fuel and ethanol production technologies to residential, corporate, and government customers. In addition, GRHU distributes E-Fuel MicroFueler, as well as ethanol production systems to produce ethanol using sugar, algae or waste from distilleries and breweries. Further, GRHU operates an aquaponic, vegetable, and fish farm for residential customers, and the food and restaurant industry. GRHU supplies its products through outsourced manufacturers and assembly from third-party subcontractors. GRHU was founded in 2007 and is headquartered in San Diego, California.
To learn more about GRHU visit: http://www.greenhouseintl.com
Hiru Corporation (OTCPK:HIRU)
Hiru Corporation is considering a merger with a Canada-based health products company. The company operates a full-service natural health clinic and distributes its signature brand of health products.
The company's various products promote brain health, pain management and hormone balance, and help combat high blood pressure and high cholesterol. These products come highly regarded by the Chinese market, and have already received positive online testimonials from consumers who say using the products improved their health.
Services at the natural health clinic include specialty massage, EIS scanning, acupuncture, and computer-guided biofeedback scanning.
HIRU is excited at the prospect of merging with this growing medical company, which has distributors and franchise outlets opening across the country. The name, revenues and all other details will be released by the company shortly, as the discussions progress. The company is of the opinion that this is a material event that warrants a public announcement.
In other corporate news, HIRU intends to rescind the 5-1 forward split previously under consideration, as upon further review the management is of the opinion that this course of action would not be in the best interest of the shareholders.
To learn more about HIRU visit: http://www.hirucorporation.com
Western Gas Partners, LP (NYSE:WES) recently announced that it has priced its public offering of 7,500,000 common units representing limited partner interests. Western Gas Partners has granted the underwriters a 30-day option to purchase up to 1,125,000 additional common units. The common units were offered to the public at $29.92 per unit. The offering is expected to settle and close on November 15, 2010, subject to customary closing conditions. Net proceeds from the offering are expected to be used to repay amounts outstanding under the partnership's $450 million revolving credit facility.
Western Gas Partners, LP owns, operates, acquires, and develops midstream energy assets in east and west Texas, the Rocky Mountains, and the Mid-Continent.
Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) recently announced financial results for the three and nine months ended September 30, 2010 and provided a business update.
On November 9, 2010, following approval from the Company’s stockholders at a special meeting of stockholders on September 9, 2010, the Company announced a 1-for-6 reverse stock split of its common stock. Accordingly, all share and per share information for all periods presented has been restated to account for the effect of the reverse stock split.
Total revenues from continuing operations for the three months ended September 30, 2010 were $7.8 million, compared with $7.9 million for the same period in 2009.
Ligand Pharmaceuticals Incorporated, a biotechnology company, focuses on the discovery and development of pharmaceuticals for the critical unmet medical needs in the United States. It offers Avinza for the treatment of chronic pain.
RPM International Inc. (NYSE:RPM) announced at its annual meeting of stockholders that its board of directors declared a regular quarterly cash dividend of $0.21 per share, payable on October 29, 2010, to stockholders of record as of October 18, 2010. This payment represents a 2.4% increase over the $0.205 quarterly cash dividend paid at this time last year. This action marks RPM's 37th consecutive year of increased cash dividends paid to its stockholders.
RPM International Inc. engages in the manufacture, marketing, and sale of various specialty chemical products to industrial and consumer markets worldwide.
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