www.hotstocked.com …but it seems that under ‘green’ Alternate Energy Holdings, Inc. (PINK:AEHI) doesn’t exactly think ‘nature’… Video Rating: 1 / 5
i’m still rusty on this one. I’m not really used to playing without a pick, let alone trying to play classical music. I recorded this on my sister’s room while I was on vacation in Virginia. That’s why there’s pink sheets and a drawing of Kirby on the background hehe
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Tenguy World International, Inc. (TGWI) Announces the Signing of a Letter of Intent Regarding a Change of Control and Merger with Eyis Co., Ltd.
Tokyo, Japan (PRWEB) July 29, 2010
Tenguy World International, Inc. (Pink Sheets: TGWI) (a Colorado corporation) and Eyis Co., Ltd. (a Japanese corporation) have signed a Letter of Intent with respect to the principal terms and conditions under which Tenguy World International, Inc. will acquire 100 percent of the outstanding capital stock of Eyis Co., Ltd. This transaction will take place as the result of the acquisition of a majority control position of Tenguy World International, Inc. by Mr. Hiroyasu Kikuchi. Subject to shareholder approval, the merger is expected to be finalized on or about the close of business, August 30, 2010. In accordance with the terms of the share exchange agreement, the company will change its name to Eyis International, Inc., and the company will immediately apply for a new CUSIP number and trading symbol to reflect the name change.
Based in Tokyo, Japan, Eyis Co., Ltd., is a software developer which provides wireless applications primarily for the NTT Docomo mobile phone market.
In accordance with the terms of the LOI, all current officers and directors of the company will resign, and Hiroyasu Kikuchi will be appointed President and Director; Daisuke Katsura will serve as Treasurer, Secretary and Director; and Kazuo Aichi will serve as Director. The newly appointed officers will be hereby authorized, empowered and directed to authorize delivery of stock certificates issued in connection with the merger agreement.
The parties hereto acknowledge that this letter does not contain all particulars upon which the agreement will be reached in order for the acquisition to be consummated. Further, among other conditions specified herein or otherwise agreed to by the parties, the obligations of all parties are subject to further negotiations.
Forward-Looking Statements: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ from expectations reflected in those statements. The company undertakes no obligation to publicly alter or revise projections to reflect actual events or circumstances that may arise after date of publication.
BioMedical Technology Solutions Holdings, Inc. (OTCBB: BMTL) M (MarketCap)
BioMedical Technology Solutions Holdings, Inc. (OTCBB: BMTL) is trading significantly higher today at .43, up .17 or 65.38%. The company, located in Englewood, Colorado, has products that provide biomedical waste treatment solutions for the over 1,000,000 low to medium volume medical waste generators in the US and a global market 5 times larger than the US. BMT sells the Demolizer® II® II, which converts infectious biomedical waste into non-infectious material. The device is the only patented, portable, and self-contained system able to process both sharps and typical red bag biomedical waste onsite. The processed waste is rendered sterile and discarded as common trash eliminating up to 100% of the cost associated with its disposal. It provides a safer, more environmentally GREEN method for biomedical waste disposal.
On May 21, the company released its Quarterly Financial Reports for the three months ending March 31, 2010. Financial Highlights included:
Revenue were 2,704 in 2010, down from 9,305 in 2009. This 55% decrease was due to distributors and end user delays in placing orders for products, which they believe was a result of the general economic conditions within the United States.
For the Quarter ended March 31, 2010, BMT incurred a net loss of 3,434, compared to a net loss of 7,866 for 2009, an increase of 26%. This increase in net loss was primarily attributable to decrease in revenues and increased non-stock based compensation expense.
On May 18th, BMT announced the signing of an exclusive international distribution agreement with Interlink Capital Strategies for the sale of its Demolizer® II® II in Africa and the Central Asia republics. The agreement calls for the sale of 250 systems in the first year with a minimum of 50 systems per quarter to maintain exclusivity.
Don Cox, President and CEO of BMTS Holdings, Inc., commented, “This is a great accomplishment for our company. Through our relationship with Interlink and their partners, namely Celebration Ministries, CitiHope International and the Coca Cola Foundation, we will achieve a long held goal of our organization — to help prevent the reuse or improper disposal of contaminated sharps in Africa and other important regions. Proper sharps waste management is one of the important issues that must be addressed to effectively control important bloodborne diseases including HIV/AIDS.”
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