E-Debit Global Corporation Initiates Switching Transition from Analog to Digital Communication
CALGARY, ALBERTA, May 17, 2011 (MARKETWIRE via COMTEX) -- E-Debit Global Corporation ("E-Debit", "the Company") (OTCBB: WSHE) and our wholly owned subsidiary Westsphere Systems Inc. ("WSI") specializing in electronic payment processing has commenced transition of its communication network for its financial switching operations ("WSI") from analog to digital.
Overview
"Over the past 14 months WSI, our electronic payment processing unit has been working with our communication partner Shaw Communications to transition our switching communication from analog to digital (copper telephone lines to fiber broadband).
Our WSI business unit offers debit and credit payment processing solutions and connectivity to the Canadian Interac Network and Credit Facilitators. Our initial introduction of our ATM network to our fiber communication system has been exceptional. Our experience to date has met the challenge of the new requirements related to chip based card product processing and EMV protocols and at the same time has increase speed of transaction processing by a minimum of 25%," advised WSI Chief Operating Officer Sonja Dreyer.
"Once we transition over our ATM and POS estates we will be able to expand our focus towards our custom payment solutions across a wide range of communication protocols including private-label, travel & entertainment and fleet cards as well as expanding our reach within the Canadian ATM and POS marketplace with contracted switching services to the Canadian ISO ("Independent Sales Organizations").
With this transition we are now in total control of our communication protocols and significantly reduced our reliance on non affiliated contracted managed services to connect, operated and service our switching platform and to give our guarantee of the best of industry transaction processing in the most secure, stable, reliable and high performance environment to our existing client base and our future ISO potentials which we are going to aggressively pursue," Ms. Dreyer stated.
About E-Debit Global Corporation
E-Debit Global Corporation (WSHE) is a financial holding company in Canada at the forefront of debit, credit and online computer banking. Currently, the Company has established a strong presence in the privately owned Canadian banking sector including Automated Banking Machines (ABM), Point of Sale Machines (POS), Online Computer Banking (OCB) and E-Commerce Transaction security and payment. E-Debit maintains and services a national ABM network across Canada and is a full participating member of the Canadian INTERAC Banking System.
Showing posts with label Small Cap Stocks. Show all posts
Showing posts with label Small Cap Stocks. Show all posts
Tuesday, May 17, 2011
NUVM Reduces Cost
NuVim Further Reduces Annual Selling, General, & Administrative Cost
Already Reduced to $429,000 in 2010 From $609,000 in 2009, It Is Now Running at a $280,000 Annual Rate
MAHWAH, NJ, May 17, 2011 (MARKETWIRE via COMTEX) -- NuVim, Inc. (PINKSHEETS: NUVM) a leading provider of nutritional refrigerated and shelf stable ready to drink beverages and powder mixes announced it has achieved further reductions in its administrative costs. With these latest administrative savings, Selling, Administrative and General Costs are now running at approximately $280,000 per year. The over $150,000 annual reduction results from cuts in payroll, office rental cost, insurance, and other related expenses. "As we retool our business and enter potential new avenues of revenue, we continue to seek ways to run the company as lean as possible," said NuVim(R) CEO Rick Kundrat. He emphasized that "cutting expenses while not jeopardizing the availability to key human resources will help the company become profitable at the bottom line. We are also improving our cash flow by issuing restricted stock for past and present supplies and services to a few qualified suppliers who are willing to help us while we are going through the revenue transition period."
About NuVim: NuVim(R) is a one of a kind beverage that is sold in the supermarket refrigerated juice section in half gallon plastic bottles and in powder mixes through the NuVim web-site. Based on an extensive research and development project that spanned over 30 years, NuVim(R) helps maintain a strong immune system, enhance vitamin and mineral absorption, especially calcium, and improve digestion with this exclusive ingredient, NutraFlora(R), a clinically proven natural prebiotic fiber. NuVim(R) also contains a level of whey protein concentrate that is known to help muscle flexibility, promote sturdy joints, and improve athletic performance. There are very few beverages on the market that have real, solid nutritional values. Most are variations of flavored, colored sugar water in either carbonated or non-carbonated forms. With only 45 calories per 8 ounce serving in the refrigerated products and less than 10 calories in the powder mixs and its nutritional values, NuVim(R) could be considered the "Best Thing You Can Drink". After drinking NuVim(R) for 30 days, NuVim(R) guarantees you will "Feel the Difference." NuVim(R) has no high fructose corn syrup, no lactose, no cholesterol, no fat, no artificial flavors and no caffeine.
Already Reduced to $429,000 in 2010 From $609,000 in 2009, It Is Now Running at a $280,000 Annual Rate
MAHWAH, NJ, May 17, 2011 (MARKETWIRE via COMTEX) -- NuVim, Inc. (PINKSHEETS: NUVM) a leading provider of nutritional refrigerated and shelf stable ready to drink beverages and powder mixes announced it has achieved further reductions in its administrative costs. With these latest administrative savings, Selling, Administrative and General Costs are now running at approximately $280,000 per year. The over $150,000 annual reduction results from cuts in payroll, office rental cost, insurance, and other related expenses. "As we retool our business and enter potential new avenues of revenue, we continue to seek ways to run the company as lean as possible," said NuVim(R) CEO Rick Kundrat. He emphasized that "cutting expenses while not jeopardizing the availability to key human resources will help the company become profitable at the bottom line. We are also improving our cash flow by issuing restricted stock for past and present supplies and services to a few qualified suppliers who are willing to help us while we are going through the revenue transition period."
About NuVim: NuVim(R) is a one of a kind beverage that is sold in the supermarket refrigerated juice section in half gallon plastic bottles and in powder mixes through the NuVim web-site. Based on an extensive research and development project that spanned over 30 years, NuVim(R) helps maintain a strong immune system, enhance vitamin and mineral absorption, especially calcium, and improve digestion with this exclusive ingredient, NutraFlora(R), a clinically proven natural prebiotic fiber. NuVim(R) also contains a level of whey protein concentrate that is known to help muscle flexibility, promote sturdy joints, and improve athletic performance. There are very few beverages on the market that have real, solid nutritional values. Most are variations of flavored, colored sugar water in either carbonated or non-carbonated forms. With only 45 calories per 8 ounce serving in the refrigerated products and less than 10 calories in the powder mixs and its nutritional values, NuVim(R) could be considered the "Best Thing You Can Drink". After drinking NuVim(R) for 30 days, NuVim(R) guarantees you will "Feel the Difference." NuVim(R) has no high fructose corn syrup, no lactose, no cholesterol, no fat, no artificial flavors and no caffeine.
Labels:
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Wednesday, December 22, 2010
Energy Quest, Inc. to Build Modular Bioenergy Power Plant
Energy Quest to Build Agricultural Waste Modular Gasification Power Plant
HENDERSON, NV, Dec 16, 2010 (MARKETWIRE via COMTEX) -- Energy Quest, Inc. ("EQI") (OTCBB: EQST), an emerging leader in alternative energy and the development and production of hydrogen-enriched alternative fuels in an environmentally responsible manner, announced today it is to begin preliminary work on a modular biomass (Agricultural Waste) to Power Energy plant producing 6.4 megawatt (6 net). The plant will consist of four 1.6 megawatt (1.5 net) modular power systems. Project is to be located in Lee County, Georgia.
The modular gasification bio-energy plant will consume 10 to 12 tons per hour of agricultural waste biomass which will be provided from the surrounding area. The plant will produce approximately 6 MW of electrical power which will be sold to the area utility or Co-Op.
The gasification system used to produce gas for the power plant generator engines will also produce 16 to 18 thousand tons per year of a high quality Biochar which will be sold as a soil enhancement product. The plant will operate 24 hours a day and when completed provide 20 full time jobs. EQI would be an owner and operate this facility.
Energy Quest's advanced modular gasification design will result in lower set up costs and increased efficiencies. The gasifiers will provide clean syngas fuel for the power generators.
Estimated cost of the bio-energy project is $12 million USD. A rudimentary pay out time (POT) calculation based on conditions of 2010 using gross revenues of $6,500,000 with net revenues after tax of $3,200,000 annually will be less than 4 years. It is felt that the project is economically more attractive than this figure may initially indicate as various government grants, recyclables and incentives (not taken in consideration in the POT calculations) are available for projects of this nature.
About Energy Quest Energy Quest, Inc., a Nevada Corporation, is an emerging leader in the development, construction and marketing of low-cost alternate fuels worldwide. Through superior technology, the Company is focused on becoming a GreenPowerhouse(TM). Record energy prices, combined with the global focus moving rapidly towards addressing pollution, has heightened the need for sustainable, zero emission energy. Energy Quest's technology is based on clean, renewable energy, positioning it to benefit from global trends. Website http://www.nrgqst.com/
Forward-Looking Statements From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.
Contact:
Energy Quest, Inc.
Investor Relations
877-661-2112/888-619-2221
404-478-9845
e-mail: info@nrgqst.com
Labels:
energy quest stock,
eqst stock,
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Wednesday, December 15, 2010
StockProfiler.US: The Perfect Christmas Gift for CEO’s of Small Cap Companies
BOSTON – December 1, 2010 - StockProfiler.US, LLC launches “The SCMP” – The Small Cap Market Place Revolution.
CEO’s who are interested in signing up, please contact Eric Cousens, President/CEO of Kerry Associates, Inc. at (603) 365-8034 or by E-Mail at eric@kerryassociates.com.\
Stock Profiler.US, LLC (http://www.stockprofiler.us/) recently announced the launch of the Small Cap Market Place (SCMP), which features the CEO Module. The CEO Module is the perfect Christmas gift for your company.
For less than $17 a day, CEO’s can bring their companies into the spotlight of the Small Cap Investment community that Stock Profiler.US has created. The CEO module allows CEO’s to upload videos, press releases, and relevant corporate information so investors can make solid investment decisions.
“Stock Profiler.US has created a perfect Christmas gift for CEO’s”, stated Eric Cousens, President of Kerry Associates, Inc. “For CEO’s to have this valuable tool at their fingertips for less than $17 a day is something that shouldn’t be overlooked.”
For more information, please visit www.StockProfiler.US.Sign up for your FREE subscription: http://www.stockprofiler.us/Register
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About StockProfiler.US
StockProfiler.US is a media source for publicly traded small cap companies and investors to come together and discover market opportunities. Public companies can effectively broadcast their message to a targeted audience who come to StockProfiler.US seeking an advantage by discovering companies in their startup phase or ones who have yet to be discovered by the investment community.
Stock Profiler.US, LLC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. To view full disclaimers and terms of use, go to http://stockprofiler.us/Disclaimer. Contact us at: info@stockprofiler.us
CEO’s who are interested in signing up, please contact Eric Cousens, President/CEO of Kerry Associates, Inc. at (603) 365-8034 or by E-Mail at eric@kerryassociates.com.\
Stock Profiler.US, LLC (http://www.stockprofiler.us/) recently announced the launch of the Small Cap Market Place (SCMP), which features the CEO Module. The CEO Module is the perfect Christmas gift for your company.
For less than $17 a day, CEO’s can bring their companies into the spotlight of the Small Cap Investment community that Stock Profiler.US has created. The CEO module allows CEO’s to upload videos, press releases, and relevant corporate information so investors can make solid investment decisions.
“Stock Profiler.US has created a perfect Christmas gift for CEO’s”, stated Eric Cousens, President of Kerry Associates, Inc. “For CEO’s to have this valuable tool at their fingertips for less than $17 a day is something that shouldn’t be overlooked.”
For more information, please visit www.StockProfiler.US.Sign up for your FREE subscription: http://www.stockprofiler.us/Register
--------------------------------------------------
About StockProfiler.US
StockProfiler.US is a media source for publicly traded small cap companies and investors to come together and discover market opportunities. Public companies can effectively broadcast their message to a targeted audience who come to StockProfiler.US seeking an advantage by discovering companies in their startup phase or ones who have yet to be discovered by the investment community.
Stock Profiler.US, LLC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. To view full disclaimers and terms of use, go to http://stockprofiler.us/Disclaimer. Contact us at: info@stockprofiler.us
StockProfiler.US: Job Creation – The Focus of the SCMP
The Time is NOW for “The American Dream” to become Reality Once Again
BOSTON – December 1, 2010 – Stock Profiler.US, LLC (www.stockprofiler.us) recently announced the launch of the Small Cap Market Place (SCMP), which features the CEO Module.
CEO’s who are interested in signing up, please contact Eric Cousens, President/CEO of Kerry Associates, Inc. at (603) 365-8034 or by E-Mail at eric@kerryassociates.com
Aiming at creating an exchange for Small Cap companies, the true driving force behind the economy, Stock Profiler.US is dedicated to bringing America back to a regal standing in the world as what it once was: The country that people wanted to immigrate to because of “The American Dream”.
Eric Cousens, President of Kerry Associates, Inc. stated “With the coming of 2011, the financial systems need to be corrected. If America doesn’t take steps to ensure a secure trading market, short selling of small and micro-cap stocks will continue. Stock Profiler.US has launched the SCMP to create a safe exchange, where short selling is not an option. Short selling of securities is what can drive the small cap company right out of business. Without small cap companies, job creation will remain stagnant, and America will continue to decline globally.”
Creating jobs is a priority in America today. Without the Small Cap Companies, “The American Dream” will become a nightmare
Be a part of the Small Cap Market Place Revolution! The time is NOW to take back our financial system, and reestablish America as a world power in industrial manufacturing of goods and services.
For more information, please visit www.StockProfiler.US
Sign up for your FREE subscription: http://www.stockprofiler.us/Register
--------------------------------------------------
About StockProfiler.US
StockProfiler.US is a media source for publicly traded small cap companies and investors to come together and discover market opportunities. Public companies can effectively broadcast their message to a targeted audience who come to StockProfiler.US seeking an advantage by discovering companies in their startup phase or ones who have yet to be discovered by the investment community.
Stock Profiler.US, LLC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. To view full disclaimers and terms of use, go to http://stockprofiler.us/Disclaimer. Contact us at: info@stockprofiler.us
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