Water Stocks News at Investorideas.com

Tuesday, April 8, 2014

Frac Water News Alert: HII Technologies, Inc. (OTCBB/OTCQB: HIIT) Announces Preliminary First Quarter 2014 Results

HOUSTON - April 8, 2014 (Investorideas.com Newswire) HII Technologies, Inc. (the "Company"), symbol HIIT (OTCBB/OTCQB: HIIT), an oilfield services company focused on providing Water, Power and Safety Services with operations in Texas, Oklahoma, Ohio and West Virginia today announced that its preliminary unaudited results for consolidated revenues from operations for the quarter ended March 31, 2014 exceeded $6.5 million.

On a consolidated basis, the Company's revenues for the quarter ended March 31, 2014 were approximately $6.5 million, an increase of over 150% compared to the first quarter 2013 consolidated revenues of $2.6 million. Further, the Company's preliminary first quarter 2014 revenues represented a sequential increase of approximately 35% from the Company's fourth quarter 2013 revenues, which were approximately $4.8 million.
Mr. Flemming, CEO HII Technologies, stated, "Our growth continued in the first quarter of 2014 resulting from continued activity levels in the markets we serve including the Permian, Eagle Ford Shale, Eaglebine and Utica shale areas. During the quarter, significant developments occurred in all three of our divisions. In the Water division, AES Water Solutions has provided a waste water evaporation service to some leading E & P companies in the Eagle Ford and Permian Basin areas and AquaTex has gained several new customers expanding in the Eaglebine area. AES Safety Services is now providing rapid response site remediation for customers' environmental incidents. And in our Power division, STP has expanded its equipment and rental fleet as well as geographic expansion into the Permian Basin with additional new customers."
The Company anticipates filing its Quarterly Report on Form 10-Q for the period ended March 31, 2014 and announcing earnings and related financial results for the period by May 15, 2014.
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. By focusing on the Water, Power and Safety oilfield segments, the Company is positioned to take advantage of the anticipated, significant growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays. The Company's frac water supply and flow back services segment has two subsidiaries, AES Water Solutions and AquaTex, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary operates as South Texas Power (STP). HII Technologies' objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com, www.AquaTexUSA.com, www.AESSafetyServices.com and www.Oilfield-Generators.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on HII Technologies, Inc. ("HII")'s current expectations, estimates and projections about HII, its industry, its management's beliefs and certain assumptions made by management, and include statements regarding estimated capital expenditures, future operational and activity expectations, international growth, and anticipated financial performance in 2014. No assurance can be given that such expectations, estimates or projections will prove to have been correct. Whenever possible, these "forward-looking statements" are identified by words such as "expects," "believes," "anticipates" and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, but not limited to: risks that HII will be unable to achieve its financial, capital expenditure and operational projections, including quarterly and annual projections of revenue and/or operating income and risks that HII's expectations regarding future activity levels, customer demand, and pricing stability may not materialize (whether for HII as a whole or for geographic regions and/or business segments individually); risks that fundamentals in the U.S. oil and gas markets may not yield anticipated future growth in HII's businesses, or could further deteriorate or worsen from the recent market declines, and/or that HII could experience further unexpected declines in activity and demand for its hydraulic frac related water transfer business, its safety consultancy business or its generator and related equipment rental service businesses; risks relating to HII's ability to implement technological developments and enhancements; risks relating to compliance with environmental, health and safety laws and regulations, as well as actions by governmental and regulatory authorities. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Because such statements involve risks and uncertainties, many of which are outside of HII's control, HII's actual results and performance may differ materially from the results expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Contact:
Matthew Flemming, HII Technologies, Inc. +1-713-821-3157
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.
More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
HIIT disclosure: March 2013: two thousand per month for profile and news publication, renewed August 2013: five hundred per month for news publication
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Monday, March 31, 2014

Frac Water News Alert: HII Technologies, Inc. (OTCBB/OTCQB: HIIT) Reports Full Year 2013 Financial Results

HOUSTON - March 31, 2014 (Investorideas.com Newswire) HII Technologies, Inc. (the "Company"), symbol HIIT (OTCBB/OTCQB: HIIT), an oilfield services company focused on providing Water, Power and Safety Services today announced its financial results for the fiscal year and fourth quarter ended December 31, 2013.

Significant fiscal year and fourth quarter 2013 financial results for the Company included:
  • Fourth quarter 2013 revenues were approximately $4.8 million, an increase of approximately 190% from the fourth quarter 2012 revenues,
  • Fiscal year ended December 2013 revenues were approximately $14.5 million, an increase of approximately $12.8 million, or 730%, from the previous fiscal year,
  • Gross Margins averaged 26.2% for the year, and 26.9% for the fourth quarter ended December 31, 2013 resulting from improvement in operational margins from increased sales of the two newer divisions of Power and Safety covering fixed costs,
  • Adjusted EBITDAS for fiscal year 2013 was approximately $500,700 and included adjustments for one-time non-recurring expense items, non-cash and non-operational items, (EBITDAS defined as earnings before interest, depreciation, amortization, non-cash stock option expenses, and one-time non-operational expense items); a non-GAAP measure. (see tables below for a more detailed discussion),
  • Net Loss was $.03 per share on a fully diluted basis, excluding the adjusted items listed below.
The Company's full 2013 fiscal year results are set forth in its Annual Report on Form 10-K filed with the SEC on March 31, 2014.
The Company's audited revenues for the year ended December 31, 2013 represented full year fiscal results from the Company's operating subsidiaries (doing business as AES Water Solutions, South Texas Power and AES Safety Solutions) and partial-year results for the Company's AquaTex subsidiary acquired in November 2013. Pro forma 2013 revenues would have been approximately $16.7 million if the Company's acquisition of AquaTex occurred on January 1, 2013.
Each of the Company's Water, Power and Safety divisions experienced operational growth and increased revenues during 2013, as discussed below.
The Company's Water division experienced significant growth in 2013 due to increased customer base, expanded territories of operational activities and additional services offered. The November 2013 AquaTex acquisition also provided new customers and geographic expansion in South Texas' Eagle Ford Shale and the Eaglebine formation in East Texas. Additional service offerings including waste water evaporation services and flow back/well testing services which made a positive impact on the Water division's revenue growth. As previously announced, the strategic alliances with CRS Repossessing and Resource West also contributed to the Water division's 2013 growth. By partnering for these additional products and services for our Water division, the Company avoided most of the costly product development cycles and issues customarily found with new product inventions.
The Company's Safety division continued its growth in 2013 via establishing new safety engineering service sites in Ohio and West Virginia, adding customers in Texas for safety inspection as well as safety classroom training and certification programs offered. AES Safety Services also expanded its service offering to include a rapid spill response program for site clean-up and remediation after environmental occurrences.
During 2013, the Company's Power division, operating as South Texas Power (STP), augmented its fleet of oilfield mobile generator sets, acquired several new oilfield customers and added additional key employees, all of which contributed to its growth and facilitated expansion into other parts of Texas. Recently STP has developed a new operating base in the Permian basin. The Power division anticipates entering the Oklahoma market in fiscal 2014 leveraging its existing customer base and reputation in the Texas market.
Matthew Flemming, CEO of HII Technologies, stated, "While maintaining our focus in the Water, Safety and Power market segments we have expanded our services within these segments which is a business strategy we believe will continue to position us for growth. Currently, the markets we operate in have been very active for energy services and we are pleased with the organic growth that occurred in 2013." Mr. Flemming continued, "The successful integration of the AquaTex acquisition from November 2013 and the Company's continued growth and demonstrated ability to bring new technologies to our customers, is a tribute to the outstanding people who work at our Company. We are thankful for our hard working employees, and we are excited to accelerate our plans in 2014 for our stockholders."
Investorideas.com Newswire As reported in the Company's 2013 Annual Report on Form 10-K audited results, Current Assets increased by approximately $2.1 million to approximately $5.0 million from the previous quarter ended September 30, 2013. The Company's Stockholder's Equity (Total Assets minus Total Liabilities) increased by approximately $69,000 to approximately $886,000, sequentially from the previous quarter ended September 30, 2013. These increases were directly attributable to the Company's acquisition of AquaTex on November 12, 2013 and our operational performance in the fiscal year 2013.
Fourth Quarter 2013 Income Statement
The table below sets forth the summary Company's Statement of Operations, for the fourth quarter ended December 31, 2013;
Investorideas.com Newswire Adjusted EBITDAS Reconciliation Table
The following is a reconciliation of income from continuing operations attributable to the Company as presented in accordance with United States generally accepted accounting principles (GAAP) to EBITDAS.
Investorideas.com Newswire The Company anticipates releasing preliminary first quarter 2014 revenue results in April with further corporate updates and initial 2014 revenue guidance by May 2014.
For more information, managements analysis of its financial information and the Company's risk factors, please read the Company's 2013 Annual Report on Form 10-K at the Edgar web site at www.SEC.gov and www.HIITinc.com
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. By focusing on the Water, Power and Safety oilfield segments, the Company is positioned to take advantage of the anticipated, significant growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays. The Company's frac water supply and flow back services segment has two subsidiaries, AES Water Solutions and AquaTex, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary operates as South Texas Power (STP). HII Technologies' objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com, www.AquaTexUSA.com, www.AESSafetyServices.com and www.Oilfield-Generators.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on HII Technologies, Inc. ("HII")'s current expectations, estimates and projections about HII, its industry, its management's beliefs and certain assumptions made by management, and include statements regarding estimated capital expenditures, future operational and activity expectations, international growth, and anticipated financial performance in 2014. No assurance can be given that such expectations, estimates or projections will prove to have been correct. Whenever possible, these "forward-looking statements" are identified by words such as "expects," "believes," "anticipates" and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, but not limited to: risks that HII will be unable to achieve its financial, capital expenditure and operational projections, including quarterly and annual projections of revenue and/or operating income and risks that HII's expectations regarding future activity levels, customer demand, and pricing stability may not materialize (whether for HII as a whole or for geographic regions and/or business segments individually); risks that fundamentals in the U.S. oil and gas markets may not yield anticipated future growth in HII's businesses, or could further deteriorate or worsen from the recent market declines, and/or that HII could experience further unexpected declines in activity and demand for its hydraulic frac related water transfer business, its safety consultancy business or its generator and related equipment rental service businesses; risks relating to HII's ability to implement technological developments and enhancements; risks relating to compliance with environmental, health and safety laws and regulations, as well as actions by governmental and regulatory authorities. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Because such statements involve risks and uncertainties, many of which are outside of HII's control, HII's actual results and performance may differ materially from the results expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Contact:
Matthew Flemming, HII Technologies, Inc. +1-713-821-3157
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.
More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
HIIT disclosure: March 2013: two thousand per month for profile and news publication, renewed August 2013: five hundred per month for news publication
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Thursday, February 6, 2014

Frac Water Stock Alert: HII Technologies, Inc. (OTCBB/OTCQB: HIIT) Announces a Licensing Agreement for Frac Water Recycling System

HOUSTON - February 6, 2014 (Investorideas.com Newswire) HII Technologies, Inc. (the "Company"), symbol HIIT (OTCBB/OTCQB: HIIT), an oilfield services company focused on total frac water management, portable power and oilfield safety, headquartered in Houston, Texas, announced today that its wholly-owned subsidiary AES Water Solutions (AES), has licensed a high volume frac water recycling system to recycle flow back and produced water at the well sites during the completion process.

Currently, many horizontally drilled oil wells use up to 120,000 barrels (5 million gallon) of water to perform a hydraulic fracture in completing the oil or gas well, a frac operation. Of the water used, 20 to 30 percent is estimated to come back as flow back water within the first thirty days after the fracing operation. Today, in many cases these large quantities of flow back and produced water typically are transported by truck to an off-site facility for disposal. The transportation and disposal of flow back and produced water is a large expense item for exploration and production (E&P) companies and many local communities find the truck traffic unpopular.
AES is introducing its Frac Water Recycling System(TM) to address the need of onsite water reclamation for its E&P clients. This recycling system consists of a mobile unit that cleans up to 20,000 barrels-a-day of frac flow back water to acceptable reuse standards. The technology produces high volumes of polished brine or clear saltwater that is virtually free of total suspended solids (TSS) and is reusable in today's typical fracs in many cases cheaper than the cost to transport and disposal of the flow back water.
"The license granting the right to use this system is from Power Reserve Corp. (PRC), an existing corporate partner," said Mr. Brent Mulliniks, President of AES Water Solutions. "PRC procured the first system and licensed the related intellectual property and know-how required to operate the system, which in turn, has been sublicensed to AES Water Solutions," stated Mr. Mulliniks. He continued, "We expect this arrangement to enhance AES' overall services by offering a high volume recycling system for frac flow back and produced water for its customers. After testing, this water recycling unit is now field-ready and we anticipate entering into commercial agreements this month."
Mr. Mulliniks continued, "We believe this will set us apart from our competitors as we are not aware of another mobile onsite system on the market today that can treat over 20,000 barrels per day of water to these reuse standards which allows us to keep pace with the frac operations on a daily rate basis. Our total frac water management system includes water transfer, flow back services, above ground storage tanks, onsite recycling and wind-down pit evaporation."
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. By focusing on the Water, Power and Safety oilfield segments, the Company is positioned to take advantage of the anticipated, significant growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays. The Company's frac water supply and flow back services segment has two subsidiaries, AES Water Solutions and AquaTex, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary operates as South Texas Power (STP). HII Technologies' objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com, www.AquaTexUSA.com, www.AESSafetyServices.com and www.Oilfield-Generators.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on HII Technologies, Inc. ("HII")'s current expectations, estimates and projections about HII, its industry, its management's beliefs and certain assumptions made by management, and include statements regarding estimated capital expenditures, future operational and activity expectations, international growth, and anticipated financial performance in 2014. No assurance can be given that such expectations, estimates or projections will prove to have been correct. Whenever possible, these "forward-looking statements" are identified by words such as "expects," "believes," "anticipates" and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, but not limited to: risks that HII will be unable to achieve its financial, capital expenditure and operational projections, including quarterly and annual projections of revenue and/or operating income and risks that HII's expectations regarding future activity levels, customer demand, and pricing stability may not materialize (whether for HII as a whole or for geographic regions and/or business segments individually); risks that fundamentals in the U.S. oil and gas markets may not yield anticipated future growth in HII's businesses, or could further deteriorate or worsen from the recent market declines, and/or that HII could experience further unexpected declines in activity and demand for its hydraulic frac related water transfer business, its safety consultancy business or its generator and related equipment rental service businesses; risks relating to HII's ability to implement technological developments and enhancements; risks relating to compliance with environmental, health and safety laws and regulations, as well as actions by governmental and regulatory authorities. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Contact:
Investor Relations, HII Technologies +1-713-821-3157.
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.
More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
HIIT disclosure: March 2013: two thousand per month for profile and news publication, renewed August 2013: five hundred per month for news publication
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Friday, November 22, 2013

Trading Alert for Oilfield Services/ Frac Water Stock HII Technologies (HIIT); Company Breaks through 52-Week High on Recent news of Acquisition and Third Quarter Results

New York, NY, Point Roberts, WA - November 22, 2013 (Investorideas.com Newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors reports on trading for oilfield services /frac water treatment stock HII Technologies, Inc. (OTCBB: HIIT). The stock has traded through its 52- week high following recent news of an acquisition in the water sector in addition to reporting Third Quarter financial results stating revenue of $3,931,716, which generated a gross profit of $1,136,887.
Investorideas.com Newswire On November 13 th the Company announced it acquired Aqua Handling of Texas LLC, an oilfield frac water transfer service company located in the Eagle Ford Shale area of South, Texas that operates under the name "AquaTex". The purchase price was $1.3 million consisting of $300,000 in cash, $500,000 in notes and 1,443,696 shares of the Company's common stock ($500,000 value based on the trailing 30-day average of the Company's common stock prior to closing).
AquaTex is engaged in the business of high volume water transfer services through above-ground mobile piping solutions with environmentally safe, no-leak systems designed to support the millions of gallons typically needed for hydraulic fracturing in hydrocarbon reservoirs. AquaTex's co-founder, Mr. Chris George, entered into a three year employment agreement in connection with the acquisition serving as General Manager and Vice President. Mr. George has extensive experience in the treatment, handling and logistics of frac water management. Previously, Mr. George served as Stallion Oilfield Services' Waterline Operations Manager for their Texas Water Transfer Division.
AquaTex has contracts with nationally recognized exploration & production companies in the Eagle Ford Shale and South Texas areas, which will augment the Company's existing customer base and is expected to result in additional revenues. For the nine months ended September 30, 2013, AquaTex's preliminary unaudited revenues and net income were approximately $1.6 million and $18,000, respectively, which included start-up costs. For the month of September 2013, AquaTex's preliminary unaudited revenues and net income were approximately $238,000 and $80,000, respectively
On November 14th the Company reported Third Quarter results: As stated in the Company's Quarterly Report on Form 10-Q filed on November 14, 2013, third quarter 2013 revenues were $3,931,716, which generated a gross profit of $1,136,887. For the nine months ended September 30, 2013, revenues were $9,767,926 and gross profit was $2,534,307. Increased revenues came from continued growth of AES Water Solutions' frac water transfer business and additional revenue contributions from our South Texas Power and AES Safety Services divisions which were launched in late December 2012 and January 2013, respectively. For comparison, our revenues on a consolidated pro forma basis for the three and nine month periods ended September 30, 2012 (including revenues of the Company's wholly-owned subsidiary AES Water Solutions which was acquired in September 2012) were $438,682 and $1,424,790, respectively. Accordingly, this represents revenue growth of more than 796% for the third quarter 2013, and 585% for the nine months ended September 30, 2013 from the pro forma consolidated comparable periods in 2012.

About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services it offers its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). The holding company, HII Technologies' objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com
and www.Oilfield-Generators.com
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Thursday, November 14, 2013

Frac Water Stock Alert: HII Technologies, Inc. (OTCBB/OTCQB: HIIT) Announces Third Quarter 2013 Financial Results

HOUSTON - November 14, 2013 (Investorideas.com Newswire) HII Technologies, Inc. (the "Company"), symbol HIIT (OTCBB/OTCQB: HIIT), an oilfield services company headquartered in Houston, Texas, today announced financial results for the third quarter ended September 30, 2013.

As stated in the Company's Quarterly Report on Form 10-Q filed on November 14, 2013, third quarter 2013 revenues were $3,931,716, which generated a gross profit of $1,136,887. For the nine months ended September 30, 2013, revenues were $9,767,926 and gross profit was $2,534,307. Increased revenues came from continued growth of AES Water Solutions' frac water transfer business and additional revenue contributions from our South Texas Power and AES Safety Services divisions which were launched in late December 2012 and January 2013, respectively. For comparison, our revenues on a consolidated pro forma basis for the three and nine month periods ended September 30, 2012 (including revenues of the Company's wholly-owned subsidiary AES Water Solutions which was acquired in September 2012) were $438,682 and $1,424,790, respectively. Accordingly, this represents revenue growth of more than 796% for the third quarter 2013, and 585% for the nine months ended September 30, 2013 from the pro forma consolidated comparable periods in 2012.
For the third quarter ended September 30, 2013, the Company had Adjusted EBITDAS of approximately $78,161, (EBITDAS defined as earnings before interest, taxes, depreciation, amortization, non-cash stock option expenses, and one-time or non-operational expense items), a non-GAAP measure. A reconciliation table of the Adjusted EBITDAS is provided below. The Net Loss for the third quarter 2013 was $175,211. The EBITDAS results were driven by increased revenues and improved sequential quarter to quarter gross margins offset by costs associated with new technology development and the expenses associated with organic territory expansion particularly in West Texas and the Permian Basin.
Regarding the Balance Sheet, total Current Assets grew from $1,743,568 at December 31, 2012 to $2,901,681 at September 30, 2013. Net Equipment increased from $537,881 at December 31, 2012 to $674,990 at September 30, 2013. This increase resulted primarily from the sale of our truck fleet and establishment of a national light-duty truck operating lease line program offset by the purchase of new flow back equipment to expand our services offered. Total Assets grew from $4,182,551 at year end 2012 to $5,533,473 at September 30, 2013. Total Liabilities grew from $3,311,580 to $4,716,250 for the same period which included $1,436,273 outstanding on a new $2 million revolving line of credit closed during the second quarter 2013. Prior to establishing our line of credit, most of our growth had been funded from existing cash flow. The line of credit provides additional liquidity to the Company as needed.
"AES continued to grow as a result of the increasing demand and operations for our frac water flow back and water transfer services," stated Brent Mulliniks, President of AES Water Solutions. Mr. Mulliniks continued, "We have expanded our services with new technologies including forming a strategic alliance with CRS Reprocessing, a global fluids reprocessing management company. This technology alliance will broaden and enhance the services provided by AES Water Solutions in the area of its water and fluids remediation business."
Matthew Flemming, CEO of HII Technologies stated, "Strong revenue continues to grow across all three divisions of Water, Safety and Power validating our strategy of focusing on core oilfield market segments where demand is anticipated to remain from horizontal drilling and hydraulic fracturing. Our management team, field people and reliable oilfield equipment should continue to fuel organic growth in our focused areas. While the Company can not give any assurances, we look forward to deploying new technologies for our operating units and additional acquisitions to fuel our future growth."
Third Quarter 2013 Statement of Operations
The table below sets forth the summary of the Company's Statement of Operations for the third quarter ended September 30, 2013 (in thousands):
Investorideas.com Newswire The full discussion of the Company's financial results are available within the Company's Quarterly Report on Form 10-Q filed November 14, 2013.
Adjusted EBITDAS Reconciliation Table
The following is a reconciliation of income from continuing operations attributable to the Company as presented in accordance with United States generally accepted accounting principles (GAAP) to EBITDAS.
Investorideas.com Newswire For more information, management's analysis of its financial information and the Company's risk factors, please read the Company's Quarterly Reports on Form 10-Q and its 2012 Annual Report on Form 10-K at the Edgar web site at www.SEC.gov and www.HIITinc.com.
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services it offers its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). The holding company, HII Technologies' objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com and www.Oilfield-Generators.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on HII's current expectations, estimates and projections about HII, its industry, its management's beliefs and certain assumptions made by management, and include statements regarding estimated capital expenditures, future operational and activity expectations, international growth, and anticipated financial performance in 2013. No assurance can be given that such expectations, estimates or projections will prove to have been correct. Whenever possible, these "forward-looking statements" are identified by words such as "expects," "believes," "anticipates" and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, but not limited to: risks that HII will be unable to achieve its financial, capital expenditure and operational projections, including quarterly and annual projections of revenue and/or operating income and risks that HII's expectations regarding future activity levels, customer demand, and pricing stability may not materialize (whether for HII as a whole or for geographic regions and/or business segments individually); risks that fundamentals in the U.S. oil and gas markets may not yield anticipated future growth in HII's businesses, or could further deteriorate or worsen from the recent market declines, and/or that HII could experience further unexpected declines in activity and demand for its hydraulic frac related water transfer business, its safety consultancy business or its generator and related equipment rental service businesses; risks relating to HII's ability to implement technological developments and enhancements; risks relating to compliance with environmental, health and safety laws and regulations, as well as actions by governmental and regulatory authorities; risks that HII may be unable to achieve the benefits expected from acquisition and disposition transactions, and risks associated with integration of the acquired operations into HII's operations; risks, in responding to changing or declining market conditions, that HII may not be able to reduce, and could even experience increases in, the costs of labor, fuel, equipment and supplies employed and used in HII's businesses; risks relating to changes in the demand for or the price of oil and natural gas; risks that HII may not be able to execute its capital expenditure program and/or that any such capital expenditure investments, if made, will not generate adequate returns; and other risks affecting HII's ability to maintain or improve operations, including its ability to maintain prices for services under market pricing pressures, weather risks, and the impact of potential increases in general and administrative expenses.
Because such statements involve risks and uncertainties, many of which are outside of HII's control, HII's actual results and performance may differ materially from the results expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Contact:
Matthew Flemming, HII Technologies, Inc. +1-713-821-3157.
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.
More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
HIIT disclosure: March 2013: two thousand per month for profile and news publication, renewed August 2013: five hundred per month for news publication
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Wednesday, November 13, 2013

Frac Water Stock Alert: HII Technologies, Inc. (HIIT) Announces Acquisition of Aqua Handling of Texas, LLC

HOUSTON - November 13, 2013 (Investorideas.com Newswire) HII Technologies, Inc. (the "Company"), symbol HIIT (OTCBB/OTCQB: HIIT), an oilfield services company headquartered in Houston, Texas, with operations in Texas, Oklahoma, Ohio and West Virginia today announced it has acquired Aqua Handling of Texas LLC, an oilfield frac water transfer service company located in the Eagle Ford Shale area of South, Texas that operates under the name "AquaTex". The purchase price was $1.3 million consisting of $300,000 in cash, $500,000 in notes and 1,443,696 shares of the Company's common stock ($500,000 value based on the trailing 30-day average of the Company's common stock prior to closing).

AquaTex is engaged in the business of high volume water transfer services through above-ground mobile piping solutions with environmentally safe, no-leak systems designed to support the millions of gallons typically needed for hydraulic fracturing in hydrocarbon reservoirs. AquaTex's co-founder, Mr. Chris George, entered into a three year employment agreement in connection with the acquisition serving as General Manager and Vice President. Mr. George has extensive experience in the treatment, handling and logistics of frac water management. Previously, Mr. George served as Stallion Oilfield Services' Waterline Operations Manager for their Texas Water Transfer Division.
AquaTex has contracts with nationally recognized exploration & production companies in the Eagle Ford Shale and South Texas areas, which will augment the Company's existing customer base and is expected to result in additional revenues. For the nine months ended September 30, 2013, AquaTex's preliminary unaudited revenues and net income were approximately $1.6 million and $18,000, respectively, which included start-up costs. For the month of September 2013, AquaTex's preliminary unaudited revenues and net income were approximately $238,000 and $80,000, respectively.
"HII Technologies is pleased to bring on board AquaTex and Chris George's significant management expertise for our water transfer business," said Matt Flemming, HII Technologies' CEO. "We anticipate an increase in South Texas market share from this immediately accretive acquisition and anticipate growth through our customer cross-fertilization program now underway."
Mr. Brent Mulliniks, AES Water Solutions President, added, "AquaTex is an excellent acquisition for our existing water transfer business and will fit nicely with AES expanding our market share in the South Texas area. AquaTex has a good customer base some of which is strategic to our Company."
"AquaTex is excited to join with HII Technologies, and AES Water Solutions to be a part of the water group of the Company and to grow the water transfer and frac water treatment business" stated Chris George, AquaTex General Manager and Vice President. "With the assistance of HII Technologies and AES Water Solutions, we look forward to expanding our water management and treatment services in South Texas and benefiting from any future oilfield technologies the Company may commercialize."
The acquisition requires an audit of AquaTex financial statements for the period January through September 30, 2013 which will be reported in an Amendment to our Current Report on Form 8-K by January 25, 2014. The Company anticipates filing its Quarterly Report on Form 10-Q by November 14, 2013 which will not include results from AquaTex.
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services it offers its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). The holding company, HII Technologies' objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com and www.Oilfield-Generators.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on HII's current expectations, estimates and projections about HII, its industry, its management's beliefs and certain assumptions made by management, and include statements regarding estimated capital expenditures, future operational and activity expectations, international growth, and anticipated financial performance in 2013. No assurance can be given that such expectations, estimates or projections will prove to have been correct. Whenever possible, these "forward-looking statements" are identified by words such as "expects," "believes," "anticipates" and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, but not limited to: risks that HII will be unable to achieve its financial, capital expenditure and operational projections, including quarterly and annual projections of revenue and/or operating income and risks that HII's expectations regarding future activity levels, customer demand, and pricing stability may not materialize (whether for HII as a whole or for geographic regions and/or business segments individually); risks that fundamentals in the U.S. oil and gas markets may not yield anticipated future growth in HII's businesses, or could further deteriorate or worsen from the recent market declines, and/or that HII could experience further unexpected declines in activity and demand for its hydraulic frac related water transfer business, its safety consultancy business or its generator and related equipment rental service businesses; risks relating to HII's ability to implement technological developments and enhancements; risks relating to compliance with environmental, health and safety laws and regulations, as well as actions by governmental and regulatory authorities; risks that HII may be unable to achieve the benefits expected from acquisition and disposition transactions, and risks associated with integration of the acquired operations into HII's operations; risks, in responding to changing or declining market conditions, that HII may not be able to reduce, and could even experience increases in, the costs of labor, fuel, equipment and supplies employed and used in HII's businesses; risks relating to changes in the demand for or the price of oil and natural gas; risks that HII may not be able to execute its capital expenditure program and/or that any such capital expenditure investments, if made, will not generate adequate returns; and other risks affecting HII's ability to maintain or improve operations, including its ability to maintain prices for services under market pricing pressures, weather risks, and the impact of potential increases in general and administrative expenses.
Because such statements involve risks and uncertainties, many of which are outside of HII's control, HII's actual results and performance may differ materially from the results expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Contact:
Matthew Flemming, HII Technologies, Inc. +1-713-821-3157.
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.
More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
HIIT disclosure: March 2013: two thousand per month for profile and news publication, renewed August 2013: five hundred per month for news publication
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Tuesday, November 12, 2013

Renewable Energy Stock Alert: Solar Wind Energy Tower, Inc. (SWET) Extends Rights to Develop Energy Downdraft Towers in Rajasthan, India

ANNAPOLIS, MD - November 12, 2013 (Investorideas.com renewable energy stocks newswire) Solar Wind Energy Tower, Inc. (OTCQB: SWET) (the "Company"), the inventor of a large Solar Wind Downdraft Tower structure capable of producing abundant, inexpensive electricity, announced today that it has entered into a Memorandum of Understanding with Monsoon Global Group, LLC, which grants Monsoon Global a "Exclusivity Period" for rights to license trade secrets, patents, and knowledge from Solar Wind Energy. During the "Exclusivity Period" Monsoon has the exclusive right to "hold itself out in Rajasthan, India" to enter into long term "Definitive Agreement" with Solar Wind Energy to use the rights to develop Solar Wind Energy Downdraft Towers in Rajasthan, India.

Under the "Definitive Agreement " Solar Wind Energy will provide technical support and personnel to advise and assist Monsoon Global Group in project development, design, procurement, construction and the operation of a Tower Facility. Solar Wind Energy will also assist Monsoon Global Group with the technical and feasibility studies as well as presentations necessary for proposals to various Government of India Ministries and potential project participants. The Memorandum of Understanding outlines terms of the license fee for the territory of Rajasthan as well as specific royalties and fees for each Tower Facility within the territory.
Ronald Pickett, CEO, Solar Wind Energy Tower, Inc. commented: "We are pleased to have formed this relationship with Monsoon Global. We have worked diligently for over three years assembling the team, techniques, and knowhow to enable this clean alternative energy solution to be brought to market. Our business plan has always been to enable developers to materialize projects across the globe where weather conditions are most suitable. Rajasthan, India has one of these 'most suitable' environments to host our Towers and India certainly needs the power."
About Solar Wind Energy, Inc.
Solar Wind Energy, Inc. ("Solar Wind Energy"), a wholly owned subsidiary of Solar Wind Energy Tower, Inc., was established to utilize proven and validated scientific principles, combining them with state of the art construction systems to enable the development and commercialization of large Solar Wind Downdraft Tower structures that produce abundant, inexpensive electricity. Our Company's core objective and focus is to become a leading enabler of clean, efficient green energy to the world communities, at a reasonable cost, without the destructive residuals of fossil fuels, while continuing to generate innovative technological solutions for tomorrow's electrical power needs. The Company intends to establish partnerships at home and abroad to propagate Tower Projects and meet the increasing global demand for electricity. The Company does not intend to own the projects. The business plan includes receiving license fees for territories, development fees during construction, and recurring royalty fees based on the actual kilowatt hours produced by the Tower. Solar Wind Energy has assembled a team of experienced business professionals, engineering and scientific consultants with the proven ability to bring this solution to market. Solar Wind Energy has filed and been issued patents that the Company believes will further enhance this potentially revolutionary technology. Solar Wind Energy, Inc., based in Annapolis, MD, is traded on the OTCQB under the symbol 'SWET'. For more information visit www.solarwindenergytower.com
Innovative Renewable Hybrid Solar / Wind Energy Technology
We view ourselves as a hybrid solar/wind technology, reflected in the name, Solar Wind Energy Tower, Inc. The simplicity of our solution is comprised of harnessing the natural power of a downdraft created within the confines of our Solar Wind Downdraft Tower structure, a hollow cylinder reaching skyward into the hot, dry atmosphere heated by the solar rays of the sun. The water introduced by the injection system near the top of the Tower evaporates and is absorbed by the hot, dry air. The air becomes cooler, denser and heavier than the outside warmer air and falls through the cylinder at speeds up to and in excess of 50 mph and is diverted into wind tunnels surrounding the base of the Tower where turbines inside the tunnels power generators to produce electricity.
Abundant, Clean, Affordable Electricity Production
The Company has successfully managed to economize the Tower, reducing capital costs and improving projected financial performance. This development was made possible by utilizing our recently announced software which can calculate and predict energy production by our Solar Wind Downdraft Towers given local weather data. By feeding the weather data into the program, the Tower's height and diameter can be adjusted along with the amount of water added as fuel to create a desired amount of energy. The outcome dictates the optimum size of the Tower's height and width.
Under the most recent design specifications, the first San Luis Tower has a design capacity on an hourly basis, of up to 1,250 megawatt hours, gross. Due to lower capacities during winter days, the average hourly output per day for sale to the grid for the entire year is approximately 435 megawatt hours.
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements". Actual results may differ materially from those projected in forward-looking statements. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate revenues, if any, due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
Contact:
Solar Wind Energy, Inc.
1997 Annapolis Exchange Parkway
Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@swetower.com
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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Disclosure: Investorideas.com was paid five hundred dollars for this news release distribution
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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