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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960’s when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.
This property is only one of several advanced stage properties the company has under consideration in the province of Quebec.
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 American Video Teleconferencing Corp. (OTCPK:AVOT) may just be the new source, here’s why.
American Video believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. It is currently looking for these Rare Earths Minerals in Canada, the US’s Northern neighbor.
GreenHouse Holdings, Inc. (OTC Bulletin Board:GRHU.ob) and ten tequila distilleries, members of the largest and most profitable export industry in Mexico, announced that they are becoming more energy efficient and environmentally sustainable as mandated by recently enacted regulations. The distilleries have entered into agreements with GreenHouse Soluciones, a wholly-owned subsidiary of Southern California-based Greenhouse Holdings, Inc., a leading provider of energy efficiency and sustainable infrastructure. The agreements are expected to generate over $8 million in revenues for GreenHouse in 2011.
GreenHouse will remove approximately 600 tons of solid agave waste per day from its initial ten Tequila customers, which represents approximately 33% of the total agave waste from the area. The Company estimates it will receive approximately $1.7 million annually in revenues based on the initial ten customers. In addition, GreenHouse plans to convert the waste to compost and sell fertilizer to local farmers which can in turn be used to protect the soil of the region. The company estimates they will be able to produce approximately 120,000 tons of compost fertilizer per year, which equates to approximately $6.5 million in additional revenues for GreenHouse.
For every liter of Tequila produced, ten liters of liquid waste known as Vinassa and 5-6 kilograms of solid waste fibers known as Bagasse is also generated. In 2009 alone, 249 million liters of Tequila were produced along with 1.245 million tons of fiber waste. Small and mid-sized Tequilerias make up approximately 50% of all Tequila produced in Mexico, and often don’t have access to the resources needed to properly dispose of their waste as is required by local laws. As a result, much of the waste is dumped into local streams and city dumps, creating a host of environmental hazards and health concerns, and the contamination of Mexico’s water supply.
“We are working with the environmental agencies in Mexico who monitor how waste is treated so that the smaller Tequila producers can properly compost and/or dispose of their waste,” commented Alex Viecco, Director of Operations for Greenhouse Soluciones. “These tequila companies came to us for a solution to the waste problem and we will work with them on managing these issues so that they can be environmentally efficient while maximizing their revenue.”
“Within the Tequila industry, there are significant opportunities to boost the local economy through job development and the improvement of the environment while increasing the quality of the Tequila,” said Congressman Gustavo Macias Zambrano. “I encourage the collaboration between GreenHouse and these agencies to develop a long-term, sustainable plan for the region.”
With the potential capacity of accepting as much as 2,100 tons daily of solid waste per day, GreenHouse Soluciones will be making a large contribution to improve the problems facing the industry and hence improving the local and global ecology.
GreenHouse Holdings, Inc. (Pinksheets:GRHU) a leading provider of energy efficiency solutions and sustainable infrastructure products, recently announced that it has been engaged to implement Southern California Edison’s (SCE) Automated Demand Response (Auto-DR) program for three commercial/industrial customers. The customers include the PepsiCoÂ® Carson bottling facility, Sigma Plating and CRP MB Studio, LLC.
GreenHouse estimates that the projects will generate $500,000 in revenue to the company. This projection is based upon approximately 1,500 kW or 1.5 MW of electricity demand reduction and infrastructure improvements from the engagements. 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 including complete processing of all utility documents.
“Auto-DR is a rapidly growing aspect of our energy efficiency portfolio that can reap benefits for a wide range of commercial and industrial organizations, as evidenced by the diversity of these three unique customers,” said Russ Earnshaw, President of GreenHouse. “We are very pleased to be working Sigma Plating and CRP MB Studio to help them take advantage of Southern California Edison’s Auto-DR program. Management is extremely fortunate to assist another PepsiCo facility in their conservation efforts.”
Rightnow Technologies Inc. (Nasdaq:RNOW) announced results for the fourth quarter and year ended December 31, 2010. Fourth quarter 2010 financial highlights included: Total revenue was $51.4 million, an increase of 24% over Q4 2009. Recurring revenue was $41 million, an increase of 27% over Q4 2009. Non-GAAP operating margin, which excludes the impact of stock-based compensation charges, was 14%, an increase of 600 basis points over Q4 2009. Non-GAAP diluted earnings per share, which excludes stock-based compensation charges and a tax benefit, was $0.17. Current software backlog was $134 million, an increase of 28% over Q4 2009 and 18 transactions greater than $1 million.
RightNow Technologies, Inc. provides customer relationship management (NYSE:CRM) software and services in the United States, Europe, and the Asia Pacific. Its CRM software suite includes RightNow Service, RightNow Marketing, RightNow Sales, RightNow Feedback, RightNow Voice, and RightNow Analytics.
LKQ Corp. (Nasdaq:LKQX) will release its financial results for its fourth quarter and full year 2010 on Thursday, February 24, 2011, before the market opens. The same day, the Company will host a conference call for the investment community at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) and a simultaneous audio webcast. To access the investor conference call, please dial (877) 407-0315. International access to the call may be obtained by dialing (201) 689-8501. The audio webcast can be accessed via the Company's website at www.lkqcorp.com in the Investor Relations section.
LKQ Corporation, together with its subsidiaries, provides replacement systems, components, and parts needed to repair vehicles in the United States. It provides aftermarket products, recycled products, and refurbished products.
Forward Air Corp. (Nasdaq:FWRD) announced that on Wednesday, February 16, 2011, at approximately 12:40 p.m. EST, it will make a presentation at the Stifel Nicolaus 2011 Transportation & Logistics Conference in Key Biscayne, Florida.
Forward Air Corporation provides surface transportation and related logistics services to the North American deferred air freight market. The company operates in two segments, Forward Air, Inc. (Forward Air) and Forward Air Solutions, Inc. (FASI).
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