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Cleantech Transit Inc. (OTCPK:CLNO)
Cleantech Transit Inc. is in the business of producing and conserving power. It produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind.
The collection of biomass fuels can have significant environmental impacts. Harvesting timber and growing agricultural products for fuel requires large volumes to be collected, transported, processed and stored. Biomass fuels may be obtained from supplies of clean, uncontaminated wood that otherwise would be land filled or from sustainable harvests. In both of these fuel collection examples, the net environmental plusses of biomass are significant when compared to fossil fuel collection alternatives.
Cleantech Transit Inc. recently announced that funding to be provided to Phoenix Energy for the commercialization of a 500 Kilowatt biomass gasification plant should be eligible to apply for a renewable energy cash back incentive program offered by the U.S. Federal Government. Once the final interconnect process and applications are complete the grant should be received within 60 days. The 5-year grant vesting period, means all parties must remain owner of record for that length of time, underscoring Cleantech and its partners' commitment to this project and the host community. The U.S. Treasury's cash grant program was created to provide funding, in lieu of tax credits, for the development of clean energy projects and clean tech jobs nationwide. The Merced facility has already employed several individuals, both for the construction phase and subsequent plant operations once in service.As Company announced, the full commercial operation of the first plant is expected to be completed during the second quarter of 2011.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
Regal Entertainment Group (NYSE:RGC) will be honored at the 37th annual Dinner of Champions, sponsored by and benefiting the National MS Society in Southern California. The gala event will take place on Monday, September 12, 2011 at the Century Plaza Hotel in Los Angeles. The event raises funds that support National MS Society's vital programs and services to improve the quality of life for the MS community, as well as cutting-edge research worldwide for better treatments and a cure.
Regal Entertainment Group, through its subsidiaries, operates a theatre circuit in the United States. The company develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets under the Regal Cinemas, United Artists, and Edwards brand names.
Alliance New York Municipal Income Fund Inc. (NYSE:AYN) a closed-end management investment company, declared on this date, May 24, 2011, a monthly distribution of $0.0710 per share of Common Stock, payable June 17, 2011 to shareholders of record at the close of business on June 3, 2011. Exdate will be June 1, 2011.
Alliance New York Municipal Income Fund, Inc. operates as a nondiversified, closed-end management investment company. The fund invests primarily in municipal securities exempt from regular federal, New York State, and New York City income tax.
Dice Holdings, Inc. (NYSE:DHX) announced that Scot Melland, Chairman, President & CEO, as well as other senior executives, have adopted pre-arranged stock trading plans in accordance with the guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934. Commencing in May 2011, Mr. Melland's plan provides for the exercise and sale of certain options on a routine basis and has been initiated primarily for portfolio diversification and financial planning purposes.
Dice Holdings, Inc., through its subsidiaries, provides online recruiting and career development services in the United States and internationally. Dice Holdings, Inc. is headquartered in New York, New York.
Siga Resources Inc (OTCPK:SGAE)
Siga Resources Inc announced that Siga has come to an agreement with Big Rock Resources Ltd. whereby the two companies will develop the Lucky Thirteen gold placer claim under a 50/50 joint venture.
Big Rock Resources Ltd. (1BR.F, ISIN CA0894851066, WKN A1JJYB www.bigrockresources.com) has agreed to fund the initial evaluation program for $400,000 USD, and provide funding up to $8.5 million USD to place the property in full production. The partners will operate Lucky Thirteen under a Joint Venture company, Lucky 13 Mining Company Ltd., owned 50/50 by Siga and Big Rock. Lucky 13 Mining Company Ltd. will be the operator. Siga has already secured the initial operating permits for the necessary rail crossing and initial test mining. Siga is currently constructing the washing and initial process plant to be used in the evaluation program. Siga's President Ed Morrow said that "Siga is most pleased to have Big Rock Resources as a Joint Venture Partner. The combined power of the partnership will facilitate the rapid development of a production operation at Lucky thirteen."
Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and South America.
Gold symbolize power, beauty, purity and accomplishment. Today we continue to use gold for our most significant objects: wedding rings, Olympic medals, Oscars, Grammys, money, crucifixes and ecclesiastical art. The gold used as a financial backing for currency was most often held in the form of gold bars, also known as "gold bullion". The use of gold bars kept manufacturing costs to a minimum and allowed convenient handling and storage.
Please Visit Siga Resources Inc website http://sigaresourcesinc.com
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