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TY, YMI, AEC, GRHU, AVOT - Stock Updates! from CRWEfinance.com

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GreenHouse Holdings, Inc. (OTCQB:GRHU)

GreenHouse Holdings, Inc. encourages and assists companies of all sizes with efforts to identify and adopt strategies that fully incorporate the various incentive programs offered through their local utilities. These programs provide significant monetary incentives for acting on projects that improve energy efficiency and pays consumers for participating in periodic consumption reductions (Demand Response or DR) -- increasing a business' bottom line for the coming year.

The question most frequently asked of GRHU by its clients is how to reduce (utility-influenced) operational costs by managing consumption. In an effort to be more sustainable or green, GRHU suggests companies adapt the following strategies and tactics to their business plan for 2011:

  • When starting a consumption-related utility incentive program, partner with only highly reputable companies who know all of the facts; bad choices can actually escalate costs
  • Use the latest in lighting technology and embrace proper lighting techniques for businesses
  • Automation -- the backbone of the energy efficiency process worldwide. Install an Automated Demand Response program (ADR) for energy efficiency and load curtailment
  • Renewable Fuels (wind, solar, etc.) -- Part of the equation, not the solution

"When companies have an Automated Demand Response system in place, and participate in load-shed events, they are doing their part to ensure that the region's electric grid remains as stable as possible during peak demand periods," commented Galt. "In California, DR programs enable utility customers to shed load based on either commodity pricing signals or urgent reliability needs. Again, in California, auto-DR takes demand response one giant step further; ADR participants often times receive costly automation and/or SCADA systems that not only perform the load-shed measures associated with a curtailment event, these systems are fully capable of providing ongoing energy efficiency benefits and detailed consumption."

"It doesn't have to be an overnight leap into technology; it's about thinking smarter about the resources we have and figuring out what works best for your business," adds Galt. "It's not going to be sustainable if it isn't feasible or it's overly burdensome on the business."

 

Based in San Diego, California, GreenHouse Holdings is a sustainable solutions integrator with a variety of services that address needs ranging from alternative/renewable energy and energy conservation to cost effective, rapidly deployable infrastructure and sustainable construction. GreenHouse Holdings provides solutions for single households, corporations, communities, regions, and the federal government that mitigate disposal costs and convert waste streams into valuable resources.

To learn more about GRHU visit: http://www.greenhouseintl.com

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Tri-Continental Corporation (NYSE:TY) declared a fourth quarter distribution of $0.625 per share of Preferred Stock. Dividends on Preferred Stock will be paid on January 3, 2011 to Preferred Stockholders.

Tri-Continental Corporation is a closed-ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States.

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YM BioSciences Inc. (AMEX:YMI) announced that it has priced an underwritten public offering of 25,000,000 common shares at a price to the public of $1.60 per share. The Company expects that the offering will yield gross proceeds, before expenses, of approximately $40.0 million and intends to use the net proceeds of the offering to fund its drug development activities and for general corporate purposes. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to 3,750,000 additional common shares to cover over-allotments, if any.

YM Biosciences Inc., a biopharmaceutical company, engages in the licensing and commercialization of drug products and technologies primarily for the treatment of cancer or cancer-related conditions worldwide. Its approved product Nimotuzumab, a humanized monoclonal antibody that targets the epidermal growth factor receptor, is used for the treatment nasopharyngeal carcinomas, head and neck cancer.

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 American Video Teleconferencing Corp. (OTCPK:AVOT)

China has been one of the main supplier to the US of the Earth's rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.

In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.

AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.

AVOT recently announced 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.

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Associated Estates Realty Corp. (NYSE:AEC) announced earlier this month that it has closed on the acquisition of a Class A apartment community located in Ashburn, Virginia, which will now be known as Westwind Farms.The 464-unit property was built in 2006 and is located in highly desirable Eastern Loudoun County. Westwind Farms is approximately six miles from Dulles International Airport. A new Washington Metro train stop is due to open one mile from the property in 2016.The average rent is $1,249 per month and the property is currently 96 percent occupied. Associated Estates now owns 1,272 units at three apartment communities in Northern Virginia. The acquisition was funded by cash on hand and borrowings on the Company's unsecured line of credit, which had no balance drawn prior to the closing of Westwind Farms. The Company has acquired 1,494 units for a total of approximately $255 million so far in 2010.

Associated Estates Realty Corporation operates as a self-administered and self-managed equity real estate investment trust in the United States. It engages in property acquisition, advisory, development, management, disposition, operation, and ownership of multifamily residential units. As of June 30, 2005, it owned or property managed 113 apartment communities in 11 states consisting of 24,203 units.

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