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Eline Entertainment Group Inc. (OTCPK:EEGI)
Entertainment Group Inc. subsidiary Let The Good Times Roll, Inc. ("LTGTR") is pleased to announce a joint venture with the Hard Rock Hotel and Casino.
This new incentivized agreement with provides LTGTR riders with $25-$35 in gaming chips and a $5 food voucher when booked for the Hard Rock Casino. LTGTR, will experiment and plans to start running shuttles to the Hard Rock, charging $25-30 for round trip services. The deal is conditionally approved and subject to pending insurance verification. The company sees this as a simple administrative task, and to be resolved shortly.
Preliminary research shows strong support with the company running 14 casino runs a week, with each shuttle generating an average of $750 in revenue with 60-70% in gross profit.
Eline Entertainment Group, Inc. operates in the educational industry in China. EEGI operates 12 educational training centers for nursery students; and 4 training programs. EEGI was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
To learn more about EEGI visit: http://www.elineentertainment.com
GreenHouse Holdings, Inc. recently announced the results of operations for the third quarter of Fiscal Year 2010 and is providing a shareholder update.
2010 Operational Highlights:
- Acquired Life Protection Inc., (NYSE:LPI) a subsidiary that 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.
- Signed multiple contract awards for its Life Protection (LPI) Governmental Services Division, totaling $6 million.
*The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI.
- Announced that PepsiCo will partner with GreenHouse to utilize Southern California Edison's Automated Demand Response program at its Buena Park bottling plant.
- Signed Letter of Intent to acquire Control Engineering, Inc (NYSEMKT:CEI). Headquartered in Costa Mesa, California and serving clients globally, CEI provides turnkey automation and control solutions including engineering, installation and integration services.
*Experts in multiple technologies and applications, CEI's client base includes recognizable brands from a wide range of industries including pharmaceutical, food, and beverage, utility, military and consumer goods.
- Shareholder's equity increased to $2.9 million from a deficit of approximately $2 million as of 12/31/09.
- The Company is completing the necessary steps to Up-List its shares to a senior U.S. stock exchange.
*In order to facilitate the transition, GreenHouse established an independent board and appointed PKF, a nationally recognized accounting firm, as their SEC auditors.
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
WESCO International, Inc. (NYSE:WCC), announced last week, that it will redeem all of its outstanding 2.625% Convertible Senior Debentures due 2025 (CUSIP No. 95082PAE5) (the "Debentures") on December 23, 2010 (the "Redemption Date"). Upon redemption, WESCO will pay to the registered holders of the Debentures a redemption price of 100% of the principal amount outstanding, plus accrued and unpaid interest to, but excluding, the Redemption Date, for a total of $1,004.9583 per $1,000 principal amount of Debentures. The aggregate principal amount of Debentures currently outstanding is $92,324,000. Payment of the redemption price and accrued interest shall be made through normal DTC procedures.
WESCO International, Inc. is headquartered in Pittsburgh, Pennsylvania, whose primary operating entity is WESCO Distribution, Inc.
The Board of Directors of West Bancorporation, Inc. (Nasdaq:WTBA) have declared a special cash dividend of $0.05 per common share payable December 20, 2010, to shareholders of record on November 29, 2010. Board Chairman David R. Milligan reported, "The Board is happy to announce this special cash dividend. We are able to pay the dividend due to West Bank's consistent profits during the last five quarters and ongoing reduction in nonperforming assets. We believe all parts of the Company have performed well during these challenging times." As of November 17, 2010, there were 17,403,882 shares of common stock outstanding.
West Bancorporation, Inc. is headquartered in West Des Moines, Iowa. Serving Iowans since 1893, West Bank, a wholly-owned subsidiary of West Bancorporation, Inc., is a community bank that focuses on lending, deposit services, and trust services for consumers and small- to medium-sized businesses.
West Coast Bancorp (Nasdaq:WCBO), the parent company of West Coast Bank and West Coast Trust Company, Inc., recently announced net income of $6.1 million or $.06 per diluted share for third quarter 2010 compared to a net loss for third quarter 2009 of $12.4 million or $.79 per diluted share. Year-to-date the Company reported net income of $1.3 million or $.01 per diluted share, compared to a net loss of $42.3 million or $2.71 per diluted share for the same period in 2009. There were 103.1 million weighted average diluted shares outstanding in the most recent quarter compared to 15.5 million in the third quarter 2009.
West Coast Bancorp is a Northwest bank holding company with $2.5 billion in assets and 65 offices in Oregon and Washington. The Company combines the sophisticated products and expertise of larger banks with the local decision making, market knowledge and customer service of a community bank.
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