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.
PGT, Inc. (Nasdaq:PGTI) will transfer the Salisbury, NC operations to Venice, FL consolidating its window and door production at the company's Florida plant. "We expect that the consolidation of manufacturing operations to our Florida facility will enhance long-term competitiveness and improve efficiencies," said Rod Hershberger, President and CEO of PGT Industries. "We continue to make good progress in executing our strategy during a very difficult economic and market environment," he said. "We now will be better positioned to provide our core customers the products and high level of service they expect from PGT."
PGT, Inc. engages in the manufacture and supply of residential impact-resistant windows and doors. The company offers impact-resistant products, including heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris.
Oxygen Biotherapeutics, Inc. (Nasdaq:OXBT) announced on Dec 16, 2010 that they signed a Binding Letter of Intent to determine the feasibility of pursuing a joint research and development venture for treating chronic ischemic wounds. The venture will be based on combining Oxygen's Wundecyte(NYSE:TM) PFC formulation with SMP's topical medical devices.
Oxygen Biotherapeutics, Inc. develops medical and cosmetic products that deliver oxygen to tissues in the body. It develops a proprietary perfluorocarbon (PFC) therapeutic oxygen carrier called Oxycyte that is being formulated for both intravenous and topical delivery for conditions, including but not limited to traumatic brain injury, decompression sickness, cosmetics, and topical wounds.
Synthesis Energy Systems, Inc. (Nasdaq:SYMX) announced on Dec 13, 2010 that it has demonstrated, at commercial scale, a significant advancement in its proprietary U-GAS coal gasification technology that has resulted in increased coal carbon conversion to approximately 98% or greater. The newly developed fines management system was the product of a 12-month undertaking by the SES team in China to fundamentally increase gasification efficiency. This process improvement was demonstrated at the Company's Zao Zhuang joint venture plant in China over a two-month period using low quality, high ash, and low-heating value coals. As a result, the Zao Zhuang joint venture plant has experienced a reduction in coal consumption by more than 10% which can be seen in lower operating costs for the facility. The Company has filed patents to protect its intellectual property.
Synthesis Energy Systems, Inc., a development stage company, focuses on developing and commercializing gasification technology primarily in China and the United States. The company intends to build, own, and operate coal gasification plants that utilize its proprietary U-GAS fluidized bed gasification technology to convert low rank coal and coal wastes into higher value energy products, such as transportation fuels and ammonia. Synthesis Energy Systems was founded in 2003 and is headquartered in Houston, Texas.
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