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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. American Video Teleconferencing Corp is normally known for its business and efforts of exploration in Rare Earth Elements. According to the American Video Teleconferencing Corp, it aggressively continues to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.
Cerium, the second element in the Lanthanide series, is the most abundantly prevalent Rare Earth element. Cerium is an environmentally critical component in the manufacture of all kinds of environmental protection and pollution-control systems, from automobiles to oil refineries. Cerium is used as a diesel fuel additive for micro-filtration of pollutants and will also promote more complete fuel combustion thus reducing un-combusted smoky particulate and provide for a more energy efficient engine.
American Video Teleconferencing Corp. recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines.
Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
Cleantech Transit Inc. (OTCPK:CLNO)
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. 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.
Biomass/Waste to Energy projects has the benefits over conventional energy resources projects that they do not emit any effluents, pollutants and residues. These are considered to be most environmental friendly technologies which are very much supportive in reducing emissions and developing healthy environment. All over the world, renewable energy projects have been implemented to avoid dependency over the conventional resources which have been a source of effluent emissions and endangering the environment.
Cleantech Transit Inc. is pleased to provide additional details after achieving success on the 500 KW facility and successfully moving past the interconnection testing stage.
Coming on the recent success at the 500KW facility in Merced, California this poises Phoenix Energy to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy.
Cleantech will be providing details on the expecting closing date of its initial investment into Phoenix Energy in the coming weeks.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
Service Corp. International (NYSE:SCI) announced that it has acquired 70% of the outstanding shares of The Neptune Society, Inc. Neptune is the nation's largest direct cremation organization, with annual revenues of more than $55 million and a network of 30 locations in nine states. Through an active preneed sales program, Neptune has built a backlog of future revenues of more than $125 million. Neptune operates under the brand names Neptune Society, Neptune Cremation Service and Trident Society.
Service Corporation International provides deathcare products and services in the United States, Canada, and Germany. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and related businesses.
Pier 1 Imports, Inc. (NYSE:PIR) reported sales results for the first quarter ended May 28, 2011. Comparable store sales increase of 10.2% versus last year's increase of 14.3%. Merchandise margins expected to be approximately 59.5% of sales versus 58.6% last year. Earnings per share expected to be $0.11 to $0.12. Comparable store sales for the first quarter ended May 28, 2011 increased 10.2% compared to last year's comparable store sales increase of 14.3% for the first quarter ended May 29, 2010. Total sales for the quarter improved to $335 million compared to $306 million in the year-ago quarter. The comparable store sales increases for the first quarter were driven by increases in traffic, conversion rate and average ticket. Merchandise margins were very strong and will be approximately 59.5% of sales, up from last year's first quarter merchandise margins of 58.6% of sales. First quarter earnings are expected to be in a range of $0.11 to $0.12 per share versus last year's first quarter reported earnings of $0.07 per share.
Pier 1 Imports, Inc. operates as an importer and specialty retailer of imported decorative home furnishings and gifts in the United States, Canada, and Mexico. It operates retail stores under the name of ‘Pier 1 Imports’.
KB Home (NYSE:KBH) one of America's premier homebuilders, announced that it will webcast its presentation at the 2011 Credit Suisse Homebuilding and Building Products Conference in New York on Wednesday, June 8, 2011 at 10:00 a.m. Eastern Daylight Time. To listen to the live webcast, select the "Events and Presentations" link on the Investor Relations section of the KB Home website at www.kbhome.com. An archive of the presentation will also be available for replay on the KB Home website within 24 hours of the live event and will remain accessible for 30 days.
KB Home operates as a homebuilding and financial services company in the United States. It constructs and sells various types of homes, including attached and detached single-family homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers.
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