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Our Newsletter Is On Fire!! Sign Up Now!! MNDP,ZIPZ,MTCH,EOPI,PTSC,ACTC
(M2 PressWIRE Via Acquire Media NewsEdge) STOCK MARKETING INC PRESENTS : (PINKSHEETS: MNDP) Mundus Group, Inc., (PINKSHEETS: ZIPZ) Zippi Networks, Inc., (OTCBB: MTCH) Matech Corp., (OTCBB: EOPI) Eco2 Plastics, Inc., (OTCBB: PTSC) Patriot Scientific Corp., (OTCBB: ACTC) Advanced Cell Technology, Inc.
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(PINKSHEETS: MNDP - Mundus Group, Inc.)
LATEST NEWS!! Mundus Group, Inc. Announces the Formation of AirStar Geo Logic (AGL)
A new division to provide services to natural gas, oil and mining industries by using its subsidiary's technology.
LOS ANGELES, Nov. 12 -- AGL will provide UAV Aerial Imagery & Data collection technologies to geological survey companies in search of natural resources in the mining of minerals, gemstones, precious metals and natural gas & oil industries.
AGL technology has a small footprint for the environment aerial non-disruptive technologies, and also provides increased accuracy that can locate resources and environmental dangers.
AGL provides remote controlled UAVs with GPS technology that, when configured with imagery technology, has the ability to: - track specific positions with large scale area seismic imagery ground sweeps; - hovering in one place; - track the topographical features while descending into difficult locations; and - offer real time views of seismic, optical, infrared and photographic onboard cameras for inspection of ground and structural makeup.
These abilities, while locking on an exact position, provide the collection of extremely valuable information with undisputable imagery resolution improvements. The ability to provide a focused detailing of ground stratification characteristics of fault lines around cliffs and ridges provide an enhanced 3-Dimensional model that far surpasses the predictive accuracy that can be obtained from any fixed wing survey.
AirStar manufactures UAV delivery platforms, as well as sells, services and provides training. AGL provide aerial photography packages, which will out-perform manned aircraft and helicopters for a fraction of the cost and provide strategic advantages to engineers in the search for natural gas, oil and mining as well as the building of bridges, roads and infrastructure in mountainous and hilly areas where fixed wing seismic surveys cannot provide the details that AirStar's hovering UAVs can provide.
AGL was formed to professionally service the geological, mining and natural resource industries with many calls over the past 15 years from engineering firms seeking assistance with detailed aerial analysis of construction sites, engineering projects, mining and natural gas and oil industries.
AGL is one of a family of niche UAV applications identified by Mundus as a unique division to be exploited and targeted for growth by expanding AirStar's capacity and ability to focus on each distinct market. Please see our website for our diverse UAV applications.
AirStar's proprietary CamCopters are famous for their major Hollywood films, commercials and documentaries and also provides a range of preconfigured camera ships that will fit into different budgets. We also offer assistance to the remote control operators who want to take their business to the next level with Aerial Photography of resorts, golf courses, sport events and other innovative aerial photography solutions that will generate revenue streams to their business.
About The Mundus Group, Inc.
The Mundus Group, Inc. (MNDP) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments. From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.
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(PINKSHEETS: ZIPZ - Zippi Networks, Inc.)
LATEST NEWS!!
Zippi Announces Company Update and Ground Zero Approach to Re-Tooled Product Offerings
SAN JOSE, Calif., Nov 12, 2009 -- Zippi Networks, Inc., (Pink Sheets: ZIPZ) a leading provider of mobile, web-based, and telecommunications based commerce applications that enable Americans to recycle their "Clutter into Cash," today announced a general company update which touches on several key milestones that have been achieved throughout the course of Zippi's lifecycle, its re-tooling efforts, and also confirming the company's readiness to re-build its customer base with a new and improved suite of product and service offerings.
Zippi is a company founded over 3.5 years ago with very high expectations in providing a viable solution to home based business owners known as eBay sellers or power sellers. Its business is also built on a service that allows consumers a hassle free way of turning "Clutter into Cash". To date Zippi's founders, along with friends and family have invested personal capital and loan guarantees of approximately $6.8 million dollars, the company has raised approximately $8 million in total with the founders deeply committed financially and operationally. Zippi came to market with a very broad base of products, services, technology, and content that have all centered on the creation of its multimillion-dollar brand. The company branched out quickly in multiple directions, which became difficult to effectively manage without fully understanding the areas of growth that would provide viability for the future.
The company has been contending with a series of downsizing exercises and debt re-structuring efforts as management continues its focus on the delivery of Zippi products and services. Data collection along with a re-tooling of its products and services has strengthened the company's footing in being an instrumental component in streamlining the eBay process. As evidenced in recent announcements Zippi has secured a relationship with a very synergistic partner in "EMI" and is continuing to expand relationships with additional partners that will assist in growing the company's business.
Robert A. Rositano Jr. CEO of Zippi Networks, Inc. stated "Looking back on what we and our shareholders have experienced, there are things we recognize now that will enable us to avoid certain pit falls going forward. In fine-tuning our services/products we now have a selectively focused approach in achieving scalable results. Staying focused on one offer and expanding based on its success will lead us to utilizing a broad base of assets that are ready and waiting to be put to use. We are excited about Zippi 2.0".
About the Company: Zippi(TM) Networks, Inc. (publicly traded: ZIPZ.PK), headquartered in San Jose, Calif., has created a revolutionary business process (three US Patents Pending), together with the ease of hand-held mobile technology, social networking, and the ability to recycle that empowers a new generation of online sellers. Founded in 2006, Zippi engages consumers with an easy toll free telephone number designed to allow everyone who becomes a "Zippi Club Member" an easy hassle free way of selling items online; by phoning 1-877-GO-ZIPPI an item owner can receive a quick "mini appraisal" Zippi then connects this appraisal and customer with the appropriate "Zipster" (eBay seller), Zippi handles the pre-screening of the "Zipster" and pulls the best seller for the job to handle the entire transaction.
Zippi's offerings target consumers and existing eBay "Trading Assistants / Power Sellers", ultimately for the benefit of the eBay community. The strength of the eBay community resides in eBay's very own message "the power of all of us", with Zippi each and every eBay seller can embrace the power of many, allowing each "Zipster" to scale earnings and eliminate competition by building a steady stream of business, team members, and sales with Zippi, for the eBay community.
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(OTCBB: MTCH - Matech Corp.)
LATEST NEWS!!
MATECH Performs EFS Testing on Bridges for Federal Highway Administration
LOS ANGELES, CA, Nov 16, 2009 -- MATECH Corp. (OTCBB: MTCH) (www.matechcorp.com) is pleased to announce that it will perform services on bridges for the Federal Highway Administration (FHWA) during the remainder of 2009 and 2010. MATECH will utilize its leading technology, the Electrochemical Fatigue Sensor (EFS) System, in these inspections as part of the FHWA's federally mandated Steel Bridge Testing Program (SBTP) Phase II. MATECH's EFS System is the only nondestructive method able to detect growing cracks in bridges as small as 0.01 inches.
A major agency of the U.S. Department of Transportation, the FHWA is responsible for ensuring that America's roads and highways continue to be the safest and most technologically advanced. The FHWA provides financial and technical support to them for constructing, improving, and preserving America's highway system. The agency is provided an annual budget of more than $30 billion.
This effort, set to commence the coming weeks, will involve a week's worth of fieldwork, as well as subsequent analysis and reporting. Results will provide the bridge owner with invaluable information about the growth activity of the cracks in the bridge structural steel members, as well as the efficacy of repairs already completed on the structures.
MATECH has a proven track record of saving bridge owners money through improving bridge management and public safety with its cutting edge technology, the EFS System. Through eliminating subjectivity of inspections for cracking in bridge members (the FHWA has stated that 90% of these cracks are missed with visual inspection), MATECH is helping to eliminate wasted funds by prioritizing repairs and verifying their effectiveness immediately.
"We are very pleased to be continuing this effort with the FHWA," said Robert M. Bernstein, CEO of MATECH. "Results of this Steel Bridge Testing Program will be invaluable to the industry. We anticipate that the results of the program will represent yet another example of the effectiveness and inherent value of our EFS technology." About MATECH MATECH Corp, founded in 1983, is an engineering, research and development company based in Los Angeles, CA. The Company specializes in technologies to measure microscopic fractures in metal structures. MATECH is now marketing its patented Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally. To learn more, please visit: www.matechcorp.com.
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(OTCBB: EOPI - Eco2 Plastics, Inc.)
LATEST NEWS!!
ECO2 Plastics Wins Popular Science 2009 Best of What's New Award
RIVERBANK, Calif., Nov 13, 2009 -- ECO2 Plastics, Inc., (OTC Bulletin Board: EOPI), the eco-friendly recycling company that is changing the way plastics are recycled, announced today that its waterless cleaning process was recognized by Popular Science magazine as one of the Top 100 innovations of the year, winning the coveted "Best of What's New" award in the Green Tech category.
ECO2 was selected for its innovative approach to solving the dirty little secret of plastic recycling. Each year billions of gallons of water are consumed and contaminated through the water-based process deployed in traditional plastic recycling. ECO2's closed-loop system eliminates the use of water while reducing the variable cost of production and without polluting the planet. The process has been approved by the FDA for use in food contact applications, covering the widest range of categories. The ECO2 Environmental System is the only process granted approval at the wash stage, prior to incremental equipment and processing costs.
"For 22 years, Popular Science has honored the innovations that surprise and amaze us, those that make a positive impact on our world today, and challenge our views of what's possible in the future," said Mark Jannot, Editor in Chief of Popular Science. "The 'Best of What's New' award is the magazine's top honor, and the 100 winners - chosen from among thousands of entrants - represent the highest level of achievement in their fields." "We are honored to be recognized by Popular Science Magazine as a company that is making revolutionary strides in the improvement of plastic recycling technology," said Rod Rougelot, CEO of ECO2 Plastics. "This award is a reflection of our entire team's passion and commitment in making a positive impact on the industry and the environment. Raising additional financing remains our primary focus with the goal of being operational again in the second quarter of 2010." About "Best of What's New" Each year, the editors of Popular Science review thousands of products in search of the top 100 tech innovations of the year - breakthrough products and technologies that represent a significant leap in their categories. The winners of the "Best of What's New" award are given inclusion in the much-anticipated December issue of Popular Science, the most widely read issue of the year since the debut of "Best of What's New" in 1987. "Best of What's New" awards are presented to 100 new products and technologies in 11 categories: Automotive, Aviation & Space, Computing, Engineering, Gadgets, Green Technology, Home Entertainment, Security, Home Technology, Personal Health, and Recreation.
About Popular Science Founded in 1872, Popular Science (www.popsci.com) is the world's largest science and technology magazine, with a circulation of 1.3 million and 7.1 million readers. Each month, Popular Science delivers "The Future Now," reporting on the intersection of science and everyday life with an eye toward what's new and why it matters. Popular Science is published by the Bonnier Corporation (www.bonniercorp.com), one of the largest consumer publishing groups in America and the leading media company serving passionate, highly engaged audiences through more than 40 special-interest magazines and related multimedia projects and events.
About ECO2 Plastics (www.eco2plastics.com) ECO2 Plastics, (EOPI.OB), is a publicly traded company engaged in PET plastic recycling. The Company's patented process was developed through a research partnership with Honeywell FM&T and the US Department of Energy. ECO2 Plastics is the exclusive worldwide licensee of the patented and patent-pending technology. The Company is headquartered in Riverbank, California.
ECO2's approach sets it apart from competitors that deploy water-based recycling processes. Unlike other recyclers, ECO2's process eliminates the use of water, respects and preserves the environment, while delivering a high quality recycled plastic flake, which is approved by the FDA for use in food contact applications. ECO2 Plastics is the only recycling company that can claim that (i) its plastic recycling technology has a negligible impact on the environment and (ii) is distinguishable from existing technologies when it comes to water waste and chemical contamination.
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(OTCBB: PTSC - Patriot Scientific Corp.)
LATEST NEWS!!
PTSC Streamlines Subsidiary Operations
--Reduces Operating Expenses While Reaffirming Core Focus
CARLSBAD, Calif., Nov 12, 2009 -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC) announced it has taken measures to reduce expenses at its wholly owned subsidiary Patriot Data Solutions Group, Inc. ("PDSG"), while reaffirming its commitment to provide state of the art data-sharing solutions which include the Company's flagship technology, the Crossflo DataExchange(R) platform ("CDX").
"We have taken measures to restructure PDSG and to rationalize our level of investment in an aggressive move to better position ourselves to service near term opportunities," said Cliff Flowers, PTSC's Interim CEO. "While we are refocusing our efforts to exploit opportunities for the CDX and Vigilys platforms, we are also undertaking to divest ourselves of the Iameter portfolio of data analysis software and programs. The planned Iameter divestiture, in conjunction with already implemented reductions in staffing, contractor engagements, and other expenditures, will reduce PDSG's cash burn by approximately 40 percent," added Mr. Flowers. PTSC based its decision, in part, on preliminary recommendations from its consulting partner, Eclat, and the need to preserve cash resources. Additional considerations were given to PTSC's expected improved traction in the justice and public safety markets, and the excellent results of the recent CDX technology evaluation which included the reassessment of CDX as a core driver for maximizing shareholder value.
The Company also announced that its next shareholder meeting will be held on January 28, 2010 at 2 p.m. (Central Standard Time) at the InterContinental Chicago, 505 North Michigan Avenue, Chicago, Illinois 60611. The move to the Chicago location was undertaken to better accommodate shareholder access from various locations across the country. Further details pertaining to the shareholder meeting will become available in PTSC's proxy statement expected to be filed with the Securities and Exchange Commission on or about December 7, 2009.
About PDSG Patriot Data Solutions Group, Inc. ("PDSG") provides products and solutions that enable mission-critical applications to significantly accelerate the time to value and reduce total cost of ownership for their data-sharing initiatives. The company's flagship product, the Crossflo DataExchange(R) solution, helps link systems together and facilitates secure data sharing for any information exchange initiative in the healthcare, public safety and justice markets. The solution has been designed to work directly with a number of national data sharing standards, including HL7 (Health Level 7), NIEM (National Information Exchange Model), and the Global Justice XML Data Model (GJXDM). PDSG's technological innovation is backed by subject matter expertise and proven methodologies, facilitating the rapid exchange of actionable data in mission-critical applications such as clinical quality improvement and emergency services response management.
PDSG has been working with some of the nation's earliest and most innovative data exchange projects including one of the most advanced statewide data-sharing initiatives to be deployed in the United States. PDSG is the data-sharing group of Patriot Scientific Corporation, which is headquartered in Carlsbad, California (OTC BB:PTSC). For more information on Patriot Data Solutions Group, visit www.pdsg.com.
About Patriot Scientific Headquartered in Carlsbad, California, Patriot Scientific Corporation provides data sharing and secure data solutions for a connected world. Patriot Scientific addresses the expanding market opportunities in the healthcare, justice and public safety industries through its wholly owned subsidiary Patriot Data Solutions Group, Inc. These growth activities are funded with revenues generated, in a large part, from the continuing successful Moore Microprocessor Patent(TM) Portfolio licensing partnership with The TPL Group. Patriot Scientific's integrated core intelligence solution addresses the critical data/information sharing needs of the healthcare industry, the Department of Homeland Security, the Department of Justice, and federal, state, and local public safety and law enforcement agencies. For more information on Patriot Scientific Corporation, visit: www.ptsc.com.
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(OTCBB: ACTC - Advanced Cell Technology, Inc.)
LATEST NEWS!!
Advanced Cell Technologies Strengthens Balance Sheet Through Completion of Private Placements
Funding to Be Used to Accelerate RPE Program and Expand Clinical Development Activities
WORCESTER, Mass., Nov 16, 2009 -- Advanced Cell Technology, Inc. ("Advanced Cell", or the "Company") (OTCBB: ACTC), announced today that it has entered into definitive agreements on three private placements with institutional and other accredited investors under which the Company has received definitive commitments in excess of $15 million. The three investments are expected to provide proceeds sufficient to fund the Company's general operations and working capital for the next two years. Much of the proceeds will be used to support the Company's Retinal Pigment Epithelial (RPE) program, which the Company expects to commence later this year through the filing of an IND with the FDA, in addition to funding development of certain other pre clinical programs.
"We are extremely pleased to have negotiated these financings, with the support of existing debt holders, which will leave us sufficiently capitalized well into 2011," remarked William M. Caldwell IV, CEO of Advanced Cell. "In addition to satisfying our operational and working capital needs, these funds will be integral in advancing our RPE Program through the clinic once we receive FDA clearance to commence clinical activities. Although we will require additional funds for specific development programs, we believe the current funding go a long way to satisfying our general operations and specific research programs into 2011." The Company completed the placement of a series of debentures to existing investors in the principal amount of $2,103,000, convertible into common stock at $0.10 per share for which the Company was paid $1,752,000. The Company will be required to redeem the debentures monthly commencing in May 2010, in the amount of 14.28% of the initial principal amount of the Notes, in cash or common stock at the Company's option. The investors also received warrants to purchase an aggregate of 14,020,000 shares of common stock at an exercise price of $0.108. Further, the investors are obligated to purchase an additional $2,103,000 principal amount of debentures and 14,020,000 warrants within 90 days, at a purchase price of $1,752,000, subject to customary conditions. The investors also received an Additional Investment Right, which terminates in August 2010, and allows the investors to purchase up to $2,200,000 of principal amount of the Company's convertible notes on the same terms and conditions as the original notes purchased in the offering. If the investors exercise their Additional Investment Right, they will also receive one and one third Class B warrants for each two shares that would be issued if the investors converted the entire portion of the note purchased pursuant to their Additional Investment Right.
The Company also entered into amended agreements with an existing investor. Under the first amended agreement, the Company received gross proceeds of $1,000,000 and issued a secured and collateralized convertible promissory note for $1,200,000. The Company shall pay a one-time interest payment of 10% of the principal of the promissory note which is due on the maturity date of the promissory note, which is in October, 2012. The promissory note is convertible into shares of the Company's Common Stock at a conversion price of the lesser of (i) $.25 per share or (ii) eighty percent of the average of the three lowest trade prices in the 20 trading days prior to the conversion. Under the second amended agreement, the Company received gross proceeds of $1,000,000 and issued a Secured & Collateralized Promissory Note for $1,000,000. The Company shall pay a one-time interest payment of 12% of the principal of the promissory note which is due on the maturity date of the promissory note, which is in October, 2012. The promissory note is secured by $1,000,000 of a money market fund or other assets of the Investor.
The remaining funding is expected to be provided by Optimus Life Sciences Partners, a private investment fund with offices in New York and California, under which Advanced Cell may sell up to $10 million of 10% non-convertible perpetual preferred stock and warrants to purchase up to approximately 119,000,000 shares of common stock, subject to meeting certain conditions. The warrants are exercisable only to the extent the Company elects to put preferred stock to Optimus. Warrants to purchase common stock equal to 135% of the monies funded by Optimus will be exercisable at the market price of the common stock at the time of each funding. The Company agreed to pay Optimus a commitment fee of 5%, payable in cash or registered shares of common stock (priced at 90% of the then current market price), at the option of the Company.
The Company expects to immediately file a registration statement with the SEC in connection with the Optimus transaction, as well as other recent financings and certain other previously issued securities.
Further information on each of the foregoing transactions can be found in the Form 8-K filed today by the Company with the SEC.
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc. is a biotechnology company applying cellular technology in the field of regenerative medicine. For more information, visit http://www.advancedcell.com.
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StockMarketingInc.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by StockMarketingInc.com. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed.
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(c) 2009 M2 COMMUNICATIONS
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