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Wednesday September 16, 2009
DrStockPick.com Stock Report!
CMARK International, Inc., (Pink Sheets: CMIT) a global provider of facility and logistic support services for government and commercial institutions just completed design, outfitting and installation of food service equipment and furnishings for 2 new U.S. Army dining facilities in Georgia. Each facility is approximately 22,000 square feet and feeds approximately 1400 soldiers per meal. The company completed both of these jobs simultaneously at Fort Gordon near August, GA and Fort Benning near Columbus, GA.
Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of satellite-based communications infrastructure solutions and services, announced today that the Company has received an engineering change order from a multinational organization for approximately $1 million.
Wescorp Energy Inc. (OTCBB: WSCE), an oil and gas technology solutions provider, is pleased to announce that it has successfully negotiated four separate debt conversion transactions totaling $4.4 million dollars. Wescorp’s three major creditors, including Doug Biles, President and CEO, have agreed to restructure the debts owed to them by the Company. These conversions will allow Wescorp to become more focused on its Water and Solids Remediation Units, which operate in the multi-billion dollar environmental remediation industry.
The Board of Solanex Management Inc. (OTCBB: SLNX) announces today that Solanex has entered into a Memorandum of Understanding to acquire technology leasing rights for sales, marketing and distribution to both a Pyrolitic Hydrocarbon Gasification System and a Liquid Extraction System owned by American Resource Petroleum Corporation of Utah (www.amrpco.com). The Company has elected to enhance the incineration / gasification component of its business model and considers the raw feed products of oil sands, oil shale, coal or used tires to be an added benefit to Solanex’s potential customers, especially Municipal, State and Federal Governments. Government agencies throughout the defined territory are all very concerned about environmental emissions and will appreciate the fact that these technologies have been favourably reviewed by the EPA. The liquid extraction system uses a non-toxic, non-carcinogenic solution which separates the oil from its host (i.e. oil sands), but further use will be in an insitu recovery of in ground; old capped/closed oil wells, low producing wells as well as low producing heavy oil deposits where the viscosity is too thick to economically bring the oil to surface.
Arbitron Inc. (NYSE: ARB) announced today that it has signed an agreement with BroadSign International, a leading worldwide provider of software solutions for managing digital out-of-home video networks, to deliver a proof-of-play advertising audit service using the Portable People Meter (PPM(TM)) technology.
Bank holding company CIB Marine Bancshares, Inc. (PINKSHEETS: CIBH) today announced that it has received the requisite approval from holders of its trust preferred securities to exchange their debt securities for preferred stock, paving the way for the holding company to file a pre-packaged plan of reorganization under Chapter 11 of the bankruptcy code. CIB Marine Bancshares filed the plan of reorganization last night in federal court in Milwaukee.
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