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Proper Power & Energy, Inc. (OTC BB:PPWE.ob) a Tampa-based independent oil and gas exploration and production company, has announced that it has been approached by two independent financing groups and has submitted a $10 million private placement memorandum to each of them. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.
"The timing to acquire oil and gas properties while gas prices are low couldn't be better. Additionally, the availability of this funding for developing Proper Power's Kentucky and Utah oil prospects will accelerate 2011 revenues and leasehold acreage growth dramatically. We anticipate feedback from both of the financing groups before the end of this month," stated Andrew J. Kacic, President of Proper Power & Energy.
About Proper Power & Energy:
Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.
EVCARCO, Inc. (Pinksheets:EVCA) announced in a recent press release that it has retained The Eversull Group for Financial Public Relations, Investor Relations and Shareholder Services Consulting.
The Eversull Group, based in Frisco, Texas, a suburb of Dallas, has been in business since 1997 and over that time, has been very successful in getting national and international newspaper, magazine and television press coverage, financing, and individual and institutional investors for their clients, and has a good track record moving OTCBB companies to a primary stock exchange.
Mack Sanders, CEO of EVCARCO, stated, “The Eversull Group was recommended to us by a trusted associate and after some due diligence, we believe they are the perfect firm to work with as we bring EVCARCO to new levels. We believe The Eversull Group’s experience and track record suggests they will do a professional job in helping us grow the company relative to financial and media coverage, shareholder relations and an eventual move to a major exchange.”
Jack Eversull, President of The Eversull Group (NYSE:TEG), remarked, “We liked EVCARCO’s management team and their mission. TEG represented the first auto dealership chain to go public in the US, listing on the NYSE. We have considerable experience with Compressed Natural Gas (CNG), Electric, Hydrogen, Ethanol and BioFuels. We feel that EVCARCO has a strategy to make successful environmentally friendly vehicles available on a large scale that will resonate with consumers, cut harmful emissions, and grow EVCARCO revenues.”
For more information on EVCARCO, Inc., please view: www.evcarco.com. Shareholder inquiries should be directed to (972) 571-1624.
EVCARCO Inc. is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles.
Charter Communications, Inc. (Nasdaq:CHTR) will host a conference call with the financial community on Tuesday, March 1, 2011, at 9:00 a.m. Eastern Time (NYSE:ET) to discuss financial and operating results for the quarter and year ended December 31, 2010. A press release reporting such results will be issued at 8:00 a.m. ET that day.
Charter Communications, Inc. provides cable services to residential and commercial customers in the United States. The company offers a range of entertainment, information, and communications solutions, as well as traditional video cable programming; high-speed Internet access; advanced broadband cable services, such as high definition television, OnDemand video programming, and digital video recorder service.
Credit Acceptance Corp. (Nasdaq:CACC) announced that we have commenced a tender offer to purchase up to 1,904,761 shares of our outstanding common stock at a price of $65.625 per share.
Credit Acceptance Corporation provides auto loans to consumers primarily in the United States. The company primarily provides the portfolio and purchase programs. Its portfolio program comprises advancing money to dealer-partners in exchange for the right to service the underlying consumer loan; and the purchase program includes buying the consumer loan from the dealer-partner and keeping various amounts collected from the consumer.
The Andersons, Inc. (Nasdaq:ANDE) announced record fourth quarter net income attributable to the company of $25.8 million, or $1.39 per diluted share, on revenues of $1.2 billion. In the same three month period of 2009, the company reported income of $16.2 million, or $0.88 per diluted share, on revenues of $916 million. The company's 2010 full year results were its second highest with earnings of $64.7 million, or $3.48 per diluted share, on $3.4 billion of revenues. In the prior year, the company earned $38.4 million, or $2.08 per diluted share, and total revenues were $3.0 billion.
The Andersons, Inc. engages in the agriculture and transportation businesses in the United States. Its Grain & Ethanol Group segment purchases and merchandises grain; operates grain elevator facilities located in Ohio, Michigan, Indiana, and Illinois; and provides management and corn origination services to ethanol production facilities.
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