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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. is pleased to announce that it has signed an option agreement for three gold bearing claim blocks situated in the northern mining district of Saskatchewan, Canada. Assays taken in 2008 on selected samples returned repeatable high grade gold values of 7gms/ton (.25oz) to 112.9gms/ton (3.99oz/ton).The property owners did random sampling in June 2007 and had an assay of 933gms/ton (32.9oz/ton) of gold from one of the samples and that prompted the writing of a technical report on the project that was prepared in compliance with the National Instrument 43-101 and Form 43-101F1 and was issued on November, 28 2008. The writer was Duncan Bain P Geo. who resides in London Ontario, Canada. Samples that were taken as part of a work program done on the property were sent to an ISO-certified assay laboratory based in Saskatoon, Saskatchewan Canada. The project is 1385 hectares in area and covers several documented nickel-copper and gold showings and land in proximity to lake sediment geochemical and biogeochemical anomalies. All these are part of the Snowbird Tectonic Zone which is a major tectonic structure and extends for more than 2,000 kilometres. Access to the project is currently by float or ski equipped aircraft or by helicopter to Stony Rapids which is accessible by commercial aircraft from the major cities of Saskatoon or Regina in southern Saskatchewan. The expenditures for the 2010-2011 work program will be paid by the property owners due to an arrangement reached in the option agreement with the issuance of 1.2 million restricted shares (144).
GreenHouse Holdings, Inc., (Pinksheets:GRHU) (”GreenHouse”) a leading provider of energy efficiency solutions and sustainable infrastructure products, recently announced that it has been engaged to utilize Southern California Edison’s (SCE) Automated Demand Response (Auto-DR) program in Gulfstream Aerospace Corporation’s Long Beach, CA facility. GreenHouse is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy consumption. In utilizing the Auto-DR system, Gulfstream will reduce electric consumption during costly peak energy periods when the demand is highest. Additionally, the system provides Gulfstream the ability to reduce operating costs by curtailing the use and purchase of electricity. Gulfstream will then receive financial incentives from SCE.
“Auto-DR is just one of the innovative services Greenhouse offers to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GreenHouse Holdings, Inc. “We are truly honored to be selected by Gulfstream and we are looking forward to the Auto-DR project as the first of many services offered in support of Gulfstream’s corporate energy stewardship initiatives. This project goes to the heart of Greenhouse’s mission to deliver sustainable solutions that reduce energy consumption with a positive return on investment.”
Credo Petroleum Corp. (Nasdaq:CRED) launched a completely redesigned corporate website. "Over the past three years, Credo has successfully transitioned from predominately natural gas to predominately crude oil production on a value basis," said Marlis E. Smith, Jr., CEO. "Thanks to the vision of our Board of Directors, we made the transition at an opportune time because oil is currently four times more valuable than natural gas on an energy equivalent basis. That makes a huge difference to our bottom line.
Credo Petroleum Corporation is an independent exploration, development and production company based in Denver, Colorado. Credo uses advanced technologies to systematically explore for oil and gas and, through its patented Calliope Gas Recovery System, to recover stranded reserves from depleted gas reservoirs.
CyberOptics Corp. (Nasdaq:CYBE) announced that its CWA30 optical alignment systems, developed in conjunction with DEK Solar, will be deployed on DEK’s new Eclipse Metallization Line. DEK and CyberOptics are strategic partners in the SMT solder paste printing market, and this is an expansion of that relationship into a new market space. The CWA30 Solar Wafer Alignment Camera performs accurate high-speed wafer alignment measurements within the Eclipse print nests. Improved wafer alignment accuracy improves print precision, which boosts cell efficiency by shadowing less of the solar cell surface.
Founded in 1984, CyberOptics Corporation is a leading provider of sensors and inspection systems that provide process yield and through-put improvement solutions for the global electronic assembly and semiconductor capital equipment markets. Headquartered in Minneapolis, Minnesota, we conduct worldwide operations through facilities in North America, Asia and Europe.
Cypress Bioscience, Inc. (Nasdaq:CYPB) Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, investigated possible breaches of fiduciary duty and other violations of law by members of the Board of Directors of Cypress Bioscience, Inc.arising from the proposed acquisition of Cypress by Ramius V&O Acquisition LLC and Royalty Pharma. Under the terms of the transaction, Cypress shareholders will receive $6.50 for each share of Cypress. The value of the transaction is approximately $255 million and is expected to close in January 2011, but could close as early as December 30, 2010.
Cypress Bioscience, Inc. provides therapeutics and personalized medicine services in the United States. The company focuses on addressing the needs of physicians and their patients by identifying unmet medical needs in the areas of pain, rheumatology, and physical medicine and rehabilitation, including challenging disorders, such as fibromyalgia and rheumatoid arthritis.
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