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Cleantech Transit Inc. (OTCPK:CLNO)
Using biomass can help reduce global warming compared to a fossil fuel-powered plant. Plants use and store carbon dioxide (CO2) when they grow. CO2 stored in the plant is released when the plant material is burned or decays. By replanting the crops, the new plants can use the CO2 produced by the burned plants. So using biomass and replanting helps close the carbon dioxide cycle. However, if the crops are not replanted, then biomass can emit carbon dioxide that will contribute toward global warming.
So, the use of biomass can be environmentally friendly because the biomass is reduced, recycled and then reused. It is also a renewable resource because plants to make biomass can be grown over and over.
Cleantech Transit Inc originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. 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.
Cleantech Transit Inc. announced the commencement of the final permitting prior to going online at Merced. The Merced project is a 500 Kilowatt biomass-generated power plant that is fully constructed, owned and operated by Phoenix Energy (www.phoenixenergy.net). The Merced project received permission for parallel testing to the grid. This testing process would allow Merced to connect to the grid on its own.
For more information about Cleantech Transit Inc. visit their website: www.cleantechtransitinc.com
NeoPhotonics Corporation (NYSE:NPTN) announced that its PIC-based small form factor DQPSK demodulator, designed for use in 40Gbps direct detection fiber optic transport systems, is now ramped to volume production. The small form factor version is less than half the size of the standard form factor DQPSK demodulator and saves precious board space in high capacity systems.
Neophotonics Corporation engages in the design and manufacture of photonic integrated circuit (NYSEARCA:PIC) based modules and subsystems for bandwidth-intensive, high-speed communications networks. The company is headquartered in San Jose, California.
Elan Corp. plc (NYSE:ELN) announced that it will present at the Jefferies 2011 Global Healthcare Conference on Tuesday, June 7th at 9:30am Eastern Time and 2:30pm British Summer Time. Interested parties may access a live audio webcast of the presentation by visiting the Investor Relations section of the Elan website at http://www.elan.com, then clicking on the event icon. Following the live webcast, an archived version of the presentation will be available at the same URL.
Elan Corporation, plc operates as a neuroscience-based biotechnology company primarily in Ireland and the United States. It operates in two segments, BioNeurology and Elan Drug Technologies (EDT).
CTS Corporation (NYSE:CTS) the Board of Directors has announced the second quarter dividend of $0.03 per share, payable July 29, 2011, to shareholders of record at the close of business on June 24, 2011. The company was founded in 1896 and is based in Elkhart, Indiana.
CTS Corporation engages in the design, manufacture, assembly, and sale of electronic components and sensors, as well as the provision of electronics manufacturing services worldwide. It operates in two segments, Electronics Manufacturing Services, and Components and Sensors.
HONDO MINERALS CORP (OTCPK:HMNC)
Hondo Minerals Corporation is engaged in the acquisition of mines, mining claims and mining real estate in the United States, Canada and Mexico with mineral reserves of precious metals or non-ferrous metals.
Silver is considered a precious metal often sold as an investment commodity. This metal and its alloys are used in making coins, jewelry, tableware, mirrors, printed circuit boards, and electronic products. The nitrate and halides of silver are valuable in photography. In addition, silver chloride is used as cement for glass objects and in making electrodes to test the acidity of solutions; silver oxide is an electrode for watch batteries; and silver fulminate is an explosive. Elemental silver is nontoxic, but most silver salts are toxic when ingested at relatively high concentrations. At low concentrations, some silver compounds have been used successfully to prevent infections.
Hondo owns the Tennessee and Schuylkill Mines in Chloride, Arizona. The Tennessee Mine was the largest producing silver mine in Arizona history. The Tennessee Mine operated from the late 1800's until 1947 producing lead, zinc, gold and silver. The Company also owns numerous other mining claims in the US Southwest, which are being evaluated for additional reserves.
HONDO MINERALS CORP (OTCPK:HMNC) is pleased to announce that it has just acquired over $500,000 dollars of additional E-Leech equipment for its Tennessee Mine production facility.
William R. Miertschin Chairman and CEO of Hondo Minerals says, "This purchase a long with the $2.4 million dollars of previously announced equipment demonstrates our continued efforts to invest real dollars in this project to increase shareholder value."
Mr. Miertschin went on to say, "All of this newly acquired equipment will allow the company the ability to reach its production and revenue targets 6 to12 months ahead of schedule, and with the advanced technology of E-Leech Hondo Minerals is posed to set new standards while obtaining optimum results from its exclusively licensed mining process."
E-Leech technology is a patent pending process that creates a leaching process without the use of hazardous chemicals such as cyanide at its Tennessee Mine processing plant.
Toxic chemicals previously used such as Hydrochloric and Nitric Acid are replaced with a water-based and pH adjusted medium to leach precious and base metals from mine tailings that is safe to humans and the environment.
Electrochemical processes are used to generate pH levels low enough to leach metals such as Gold, Silver, Zinc and Rare Earths into a solution for recovery at an extremely low cost per ton.
For more information please visit: http://www.hondominerals.com
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