Corporate Universe Inc. (PINK:COUV) is pleased to report the following corporate and operational matters to its shareholders and followers. Corporate Universe is opening its new corporate office at 3771 Nesconset Highway, South Setauket, NY, effective October 4, 2010. The new office will allow Corporate Universe to operate all of its divisions and subsidiaries in a centrally located place. Manhattan Transfer Registrar Company will continue to be located in Miller Place. Now that the corporate changes are fully implemented, including the name change to Corporate Universe Inc., trading under the symbol (Pink Sheets:COUV), and the forward split of 10 new shares for each old share of common stock, the company is ready for business and intends to keep its followers advised on a timely basis. Corporate Universe corporate website, corp-universe.com, went live and has officially been launched. The management will continue to update and improve it over the coming weeks.
John Ahearn, President of Corporate Universe, stated, "In a few short weeks we have made great strides in getting our company reorganized and moving forward. I believe that many great things are in store for Corporate Universe Inc. in the future and all of us are working very hard and diligently to make it happen. As part of our growth strategy COUV intends to grow the company both organically and through mergers of successful companies in our business industry or business space. COUV management and the Mina Mar Group Mergers and Acquisition Division will be meeting to discuss potential business opportunities and candidates in the near future."
Corporate Universe operates as a multi-media and software development, production, and distribution company. Corporate Universe designs and develops database driven Web sites for its clients on a contract basis under the name i2 Media Lab. Corporate Universe offers brand logos for stationary, cards, and Web sites; brochures and promotional literature; Web site design; database design and programming; Web site programming; software applications for Intranet, Internet, WAN, and LAN; and desktop applications. Corporate Universe also publishes online lifestyle communities and publications under the brand i2 Interactive Media; and produces video broadcast feature films and documentaries. In addition, Corporate Universe provides domain registration, Web site development, Web site management, 3-D animation, and graphic design services. Corporate Universe, Inc. was formerly known as Inicia, Inc. and changed its name in September 2010. Corporate Universe was founded in 2005 is based in New York, New York.
American Video Teleconferencing Corp. (PINK:AVOT) is pleased to report that American Video has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec. These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity. The claims adjoin a property that had one of the highest readings of Rare Earths in North America. Sampling in the 1950s gave readings of 48% combined Cerium, Lanthanum, Neoymium and Yttrium. That property has remained dormant for over 50 years but the new owners plan an extensive exploration program this fall.
American Video, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and our holdings are in the same geological setting as the 48% Rare Earths showing. Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production. American Video will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.
Mellanox® Technologies, Ltd. (NASDAQ:MLNX), recently announced that its industry-leading ConnectX-2 40Gb/s InfiniBand adapter was awarded “Best HPC Interconnect Product or Technology” in the annual HPCwire Readers’ and Editors’ Choice Awards. The coveted HPCwire Readers’ and Editors’ Choice Awards are determined through online polling of the global HPCwire audience, along with a rigorous selection process involving HPCwire editors and industry luminaries.
Mellanox Technologies is a leading supplier of end-to-end connectivity solutions for servers and storage that optimize data center performance.
US Ecology, Inc. (NASDAQ:ECOL) announced that on October 31, 2010, it completed its previously announced acquisition of Stablex Canada Inc. ("Stablex"), a leading North American provider of hazardous waste services, for $80 million Canadian dollars in cash. Stablex operates a permitted hazardous waste processing and disposal facility in Blainville, Québec, northwest of Montreal, Quebec in Canada. The Stablex facility principally serves the eastern Canadian and northeastern U.S. industrial markets utilizing proprietary state-of-the-art technology to treat a wide range of hazardous waste.
U.S. Ecology, Inc., through its subsidiaries, provides radioactive, hazardous, polychlorinated biphenyls, and non-hazardous industrial waste management and recycling services in the United States.
Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) reported its consolidated financial results for the quarter and nine months ended September 30, 2010.
Sucampo reported net income of $2.4 million, or $0.06 per diluted share, for the third quarter of 2010, compared to a net loss of $0.1 million, or break-even per diluted share, for the same period in 2009.
Sucampo Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs based on prostones primarily in the Americas, Europe, and Asia.
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