Evcarco, Inc. (OTC:EVCA)
EVCA is a development stage company and engages in selling environmentally conscious automobiles in the United States. EVCA offers electric vehicles and pre-owned vehicles converted to various green technologies; and financing, warranties, maintenance, and mechanical services. EVCA was incorporated in 2008 and is based in Fort Worth, Texas.
EVCA is pioneering a new way to meet the demands of 21st century car buyers. EVCA is bringing to market eco-friendly vehicles with an emphasis on performance and affordability and the latest in developed technology. The board of EVCA is pleased to announce that pursuant to a strong demand from the US Federal Government to meet environmental standards in relation to its Federal Military fleet, EVCA will be working with VENTA Inc. and several third party organizations to create Military grade AEV and Hybrid Diesel Electric units.
The move is part of an EVCA recent corporate shift aimed at increasing revenue through contracting and sourcing of units suitable for Government RFPs.
Scott O'Neal, Chief Operation Officer, stated, "We feel that working in conjunction with our corporate sales and commercial fleet division, the addition of a high revenue entity aimed at Military contracting is a significant move for EVCARCO and the corporate vision."
EVCA has been working on projects with the US Federal Government as announced in previous releases since first quarter of 2010; the trials have given the management of EVCA insight into the needs and requirements of the Federal Government and, with this knowledge, the corporation stands at a significant advantage in respect to sourcing specific AEV and Hybrid Units for the Military.
The US Military through TARDEC has set a strong precedent relating to adoption of Alternative energy units into the US Military. TARDEC is the U.S. Army's lead organization for ground vehicle systems integration, engineering and technology development.
Initial development of units will be entered into testing phase by late 2010 with "Real World" Government testing anticipated for early 2011.
AFVs are vehicles that operate on alternative fuels, such as methanol, ethanol, compressed natural gas, liquefied petroleum gas, or electricity, as designated by the U.S. Department of Energy. Some AFVs that can run on conventional fuels like gasoline, as well as alternative fuels, are called dual-fueled vehicles.
To learn more about EVCA visit: http://www.evcarco.com
Pioneer Drilling Company, Inc. (Amex:PDC)
PDC recently reported financial and operating results for the three and six months ended June 30, 2010. Some of the highlights include:
- Drilling rig utilization increased to 58% in the second quarter from 49% in the first quarter and is currently 65%
- Workover rig utilization increased to 74% in the second quarter from 60% in the first quarter and is currently approximately 75%
- 27 drilling rigs, or 59% of our rigs currently working, are operating under term drilling contracts
- 65% of our working drilling rigs and 66% of our workover rigs are operating on wells that are targeting or producing oil
PDC, through its subsidiaries, provides contract land drilling services and production services to independent oil and gas exploration and production companies in the United States and Colombia. PDC's production services include well services, wireline services, and fishing and rental services. As of December 31, 2009, PDC had a fleet of 71 drilling rigs. PDC was founded in 1968 and is based in San Antonio, Texas.
To learn more about PDC visit: http://www.pioneerdrlg.com
Platinum Group Metals Ltd. (AMEX:PLG)
PLG is pleased to announce that it has been added to the S&P/TSX SmallCap Index effective as of market open on Monday, September 20, 2010.
Commenting on the addition PLG President and CEO R. Michael Jones stated, "We are pleased to be added to the S&P/TSX SmallCap Index. It reflects our growth and progress as a public company over the past year. Inclusion in the index will continue to enhance our global visibility as we make strategic decisions related to our business in the near term, as precious metals markets are improving."
PLG engages in the exploration and development of mineral properties in Canada and the Republic of South Africa. PLG primarily explores for platinum resources. PLG controls interest in the Agnew Lake Property located west of Sudbury, Ontario, Canada, as well as holds mineral rights in the Bushveld Igneous Complex of South Africa. PLG was founded in 2000 and is headquartered in Vancouver, Canada.
To learn more about PLG visit: http://www.platinumgroupmetals.net
PMC Commercial Trust (Amex:PCC)
PCC, a real estate investment trust, announced today that its Board of Trust Managers has declared a third quarter 2010 quarterly cash dividend of $0.16 per common share payable on October 12, 2010 to shareholders of record on September 30, 2010. The dividend is our 67th consecutive quarterly dividend.
PCC operates as a real estate investment trust (REIT). PCC primarily originates loans to small businesses, principally in the limited service hospitality industry, collateralized by first liens on the real estate of the related business. PCC has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided PCC distributes approximately 90% of its taxable income to its shareholders. PCC was founded in 1993 and is headquartered in Dallas, Texas.
To learn more about PCC visit: http://www.pmctrust.com
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