redhotpennystock.com: Bull in Advantage validates ZROS, LFZA, IVME, SLWF, GSGF "Red Hot Penny Stock"
Oct 27, 2006 (M2 PRESSWIRE via COMTEX) -- Bull in Advantage, LLC A.K.A. Redhotpennystock.com names Zeros & Ones, Inc. (OTCBB:ZROS), U.S. Sustainable Energy Corp. (Pink Sheets: LFZA), IVMD, Inc. (OTCBB: IVME), Seamless Wi-Fi, Inc. (OTCBB: SLWF) and GS AgriFuels Corporation (Pink Sheets: GSGF) its "Red Hot Penny Stock."
Visit our sister site at
http://prudentpennyprofit.com/
Visit
http://www.redhotpennystock.com/ to sign up for our ahead of the curve newsletter!
Zeros & Ones, Inc. (OTCBB:ZROS -
http://finance.yahoo.com/q?s=ZROS.OB)
Zeros & Ones, Inc. (OTCBB:ZROS), a digital media and technology holding company, today announced that the Company is now re-listed on the OTC Bulletin Board after clearing all comments from the Securities and Exchange Commission on September 15, 2006.
"One needs a solid foundation in order to build a world-class company and this event represents a significant milestone in our business plan," said Mark M. Laisure, Chairman and CEO of Zeros & Ones. "We can now more aggressively pursue selected acquisitions, strategic alliances, and expansion of the company's management in conjunction with RocketStream's upcoming product release." About Zeros & Ones Founded in 1994, Zeros & Ones (OTCBB:ZROS) is a digital media and technology holding company focused on bringing innovative technologies, media assets, and strategic partnerships together to deliver next-generation commercial and consumer solutions. The company intends to work with strategic partners in the technology and entertainment sectors to locate, partner with, and acquire complementary technologies and media assets that position the company in the value chain from content creation to direct distribution to the consumer.
U.S. Sustainable Energy Corp. (Pink Sheets: LFZA -
http://finance.yahoo.com/q?s=LFZA.PK )
U.S. Sustainable Energy Corp. and Turnkey Electric, the joint venture partner of Pratt & Whitney Power Systems (
www.mobilepacusa.com), today announce a strategic alliance leading to a joint venture to build the world's largest 1,000 Megawatt green power utility in Vidalia, Louisiana. In addition, the company announced that three additional 1,000 Megawatt plants are in the engineering stage.
Phil Vecchiarelli, Area Director of Sales for Pratt & Whitney and Kyle Barnette, Co-Owner of Turnkey Electric, LLC, will be at the groundbreaking demonstration scheduled for 11:00 CST am on Oct. 31st, 2006 at City Hall in Vidalia, LA. USSEC will demonstrate the powering of City Hall using a 175kw generator, a new out of the box gasoline lawnmower, a Yamaha Riva 2 stroke gasoline engine and a 1 million mile old Detroit Diesel all using USSEC's revolutionary next generation unique patent pending biofuel.
John Rivera, CEO of USSEC, said, "We know academia believes you can not run gasoline and diesel engines using the same type of fuel. We are inviting the international financial community and the local and national media affiliates to come to Vidalia and see history in the making on Tuesday Oct. 31st." Kyle Barnette, Co-Owner of Turnkey Electric, LLC, stated, "Electric utility companies must turn to green power to help ensure the ecosystems of our planet. USSEC's recycled renewable green energy is a solution that we want, and we are very proud to be part of." Mayor Hiram Copeland stated, "We are absolutely thrilled to be hosting this groundbreaking event at 11:00 am CST on October 31st. USSEC's technology will help lower Vidalia's energy costs and attract more industry and employment into the area. Vidalia is known as the 'City on the Move,' and with USSEC's green power we are taking great strides to clean up our air and environment today." Renewable energy resources are continuously replenished, and include biomass and biogas. Biomass is organic material that releases energy as heat when burned. Examples of biomass fuels include wood, wood waste, straw, manure, and agricultural crops. Most biomass power plants burn biomass fuels directly to produce steam. This steam is usually captured by a turbine, and a generator then converts it into electricity. All of these resources reduce the environmental impact associated with traditional power generation. Currently, less than 2% of the nation's energy supply is generated from non-hydro renewable resources. The majority of our nation's electricity is generated from fossil fuels. To learn more about the environmental impacts of different sources of electricity generation, visit EPA's Clean Energy Web site.
IVMD, Inc. (OTCBB: IVME -
http://finance.yahoo.com/q?s=IVME.OB)
IVMD (OTCBB: IVME), a medical device company, announced today the granting of a patent in Europe for its tissue scanning technology. The tissue scanner in development at IVMD utilizes the inherent difference in the magnetic susceptibility of tissue combined with Hall Effect sensors to create a potentially portable and low cost tissue visualization system. This project is in its early stages at IVMD but the securing of the patent reinforces our commercial plan for the device.
Professor Connolly, Science & Technology Director at IVMD, said, "We are delighted to have this patent granted to us as it continues to secure our basic technology portfolio in magnetism and diagnostics upon which we are building a number of low cost, point of care diagnostic devices." Graham Cooper, CEO, said, "This technology is at the heart of our strategy to launch a range of differentiated portable healthcare devices aimed at mass global markets. These patents are important to our plans and we will be filing them in all major European countries." About IVMD, Inc.
IVMD uses its proven, patented core technology to design, develop and test medical devices for near patient testing and monitoring.
Our products serve large global markets in the monitoring of chronic conditions affecting large numbers of the population.
Our first product to market will be a device for measuring the coagulation of blood in patients with cardiovascular disorders. This product is close to market release.
Our scientists are currently working on several other distinct hand-held or highly portable products which make use of our core know-how and technology and are focused on (a) the measurement and detection of pregnancy and labour and (b) the detection of diseases and medical conditions using magnetic detection techniques applied to tissue and blood.
Seamless Wi-Fi, Inc. (OTCBB: SLWF -
http://finance.yahoo.com/q?s=SLWF.OB )
Seamless Wi-Fi, Inc. subsidiary Seamless Internet Inc. today announced that Money Movers of America (MMOA) has ordered one thousand S-XGen(TM) Mobile Computing and Communications Devices. The S-XGen is the newest contender in the rapidly expanding Ultra Mobile Personal Computer (UMPC) class of minicomputers. MMOA establishes solid relationships with independent sales organizations (ISOs) throughout the United States. These merchant account ISOs effectively provide MMOA with a mature national sales force.
Anthony W. Holder, Chairman and C.E.O. of MMOA, stated that, "The S-XGen offers an incredible marketing opportunity for our organization, specializing in electronic payment processing, this device opens the doors to several markets where large mobile devices have been cumbersome and expensive. Combining a small footprint with mobile technology and an operating system that competes with most laptops, this product will not only appeal but also revolutionize all mobile service industries and the entire student population of our country. I envision students sitting in a coffee shop or library doing research or typing a report, and then an electrician or plumber using a web-based application to collect payments. The potential is endless" "This is our third and largest order for the S-XGen, which makes our pre-order base for the UMPC to just fewer than 2,000 units and further validates the potential demand for the S-XGen unit," said John Domerego, President of Seamless Internet.
GS AgriFuels Corporation (Pink Sheets: GSGF -
http://finance.yahoo.com/q?s=GSGF.PK)
GS AgriFuels Corporation (Pink Sheets: GSGF) recently announced its execution of an agreement to merge with GS Energy Corporation (OTC Bulletin Board: GSEG).
Under the terms of the merger agreement, holders of GS Energy common stock will receive 1 share of GS AgriFuels common stock for each 1,000 shares owned in GS Energy. This corresponds to a total of about 2.5 million new shares of GS AgriFuels common stock that will be issued to GS Energy common stock shareholders upon the closing of the merger.
GreenShift Corporation (OTC Bulletin Board: GSHF), which currently owns about 90% of GS AgriFuels and about 80% of GS Energy in the form of preferred stock, will exchange its GS Energy stock for GS AgriFuels stock such that GreenShift will own about 85% of GS AgriFuels after completion of the merger.
The merger is subject to the approval of GS Energy's shareholders and is expected to be completed in early 2007. After the completion of these transactions, GS AgriFuels expects to have about 31 million shares of common stock outstanding and no shares of preferred stock outstanding.
Infrastructure Support The merger will bring GS Energy's specialty equipment manufacturing company, Warnecke Design Service, Inc. ("Warnecke") to GS AgriFuels, where it will focus on the manufacturing of GS AgriFuels' fuel production infrastructure. Importantly, Warnecke has been manufacturing biodiesel processing equipment for NextGen Fuel, Inc. ("NextGen") since earlier this year.
GS AgriFuels recently entered into an agreement to acquire NextGen - a producer of modular, continuous-flow multi-feedstock biodiesel process equipment based on NextGen's patent-pending process intensification technology. Under the terms of the NextGen agreement, GS AgriFuels will acquire 100% of the stock of NextGen in return for about $20,000,000 in cash, about $2,000,000 of which is contingent on increases in NextGen's sales. The closing of the acquisition is subject to GS AgriFuels' completion of financing and the agreement is terminable if the acquisition does not close on or before November 15, 2006.
"We expect that this merger will be strategic to GS AgriFuels for several key reasons," said Kevin Kreisler, GS AgriFuels' chairman and chief executive officer. "First, the integration of NextGen's and Warnecke's businesses can be expected to enhance operating margins for both companies while establishing an immediate stream of revenues and earnings for GS AgriFuels. Next, while we believe the acquisition of NextGen is primarily merited on the value of its third-party sales pipeline, we also intend to use Warnecke's and NextGen's combined resources to augment GS AgriFuels' ability to deploy its own planned agrifuel production facilities on a predictable and timely basis." Warnecke is currently generating about $5 million in annualized sales and, for the nine months ended September 30, 2006, NextGen generated about $3 million in sales and has executed contracts to sell biodiesel processing equipment corresponding to about another $8 million in biodiesel equipment sales.
GS AgriFuels is currently developing several sites for the construction of its agrifuel production facilities. Its planned Memphis facility is designed to have an initial nameplate capacity of 10 million gallons of biodiesel and will include a NextGen system. GS AgriFuels expects to scale this facility with a series of modular NextGen systems to in excess of 45 million gallons per year given that facility's location in a major distribution hub.
Kreisler added: "Finally, and on the corporate front, merging the larger GS Energy shareholder base with the GS AgriFuels shareholder base can be expected to increase liquidity, which we expect will be very strategic to our growth plans." Distribution of Non-Strategic Assets In connection with the execution of the merger agreement, GS Energy transferred its 85% stake in GS Carbon Corporation (formerly known as DirectView, Inc.) (OTC Bulletin Board: DRVW) and several other development stage companies to GreenShift as repayment for about $600,000 in debt due to GreenShift and to redeem 400,000 shares of GS Energy preferred stock with a face value of $400,000.
About GreenShift Corporation
GreenShift Corporation (OTC Bulletin Board: GSHF) is devoted to facilitating the efficient use of natural resources. GreenShift's companies own the exclusive rights to many proprietary clean technologies and have combined annualized revenues of about $35 million.
After the closing of the GS AgriFuels - GS Energy merger and the other transactions described above, GreenShift's restructured operations will be primarily administered through the following sector-specific subsidiaries: -- GS CleanTech Corporation (OTC Bulletin Board: GSCT) - GS CleanTech provides applied engineering and technology transfer services based on clean technologies and process innovations that make it cost-effective and easy to recycle and reuse resources.
-- GS AgriFuels Corporation (OTC: GSGF) - GS AgriFuels was founded to produce and sell clean fuels from agriproducts in innovative new ways that allow producers of agriproducts, their local communities and consumers to save money, reduce pollution and contribute to energy independence.
-- GS Carbon Corporation (OTC Bulletin Board: DRVW) - GS Carbon is a development stage company that was founded to facilitate decarbonization in ways that cost-effectively capitalize on the evolving carbon markets. GS Carbon's ambition is to affect reductions in the carbon intensity of energy consumption by investing in carbon trading and by developing and owning renewable energy production assets.
-- GS EnviroServices Corporation - GS EnviroServices is a diversified industrial and hazardous waste management and environmental services company that specializes in providing its clients with the following cost-effective and environmentally friendly management services: transportation and distribution of industrial and hazardous wastes; site remediation and industrial cleaning projects; engineering and consulting services; and, environmental, health and safety compliance.
Visit
http://www.redhotpennystock.com to read our full disclaimer and/or sign up for our exceptional newsletter!