- Feb. 19, 2011 -
Innospec Inc. (Nasdaq:IOSP)
announced its financial results for the fourth quarter and full year ended December 31, 2010. Total net sales for the fourth quarter were $177.3 million, an 8% increase from $164.2 million in the corresponding period last year. Net income was $24.3 million, or $0.98 per diluted share, compared with a net loss of ($0.3) million, or ($0.01) per share, a year ago. EBITDA (earnings before interest, taxes, depreciation, amortization and impairment) for the quarter was $21.6 million, up significantly from $6.1 million a year ago. Results for the fourth quarter include several special items, which are summarized in the table below.
GreenHouse Holdings, Inc. (OTC Bulletin Board:GRHU.OB)
has executed a letter of intent with Hinds Community College to construct and manage a $2.9 million Anti-Terrorism Tactical Training Center in Jackson, Mississippi that would provide local law enforcement personnel with a state-of-the-
art training and sustainable firing range facility and which would serve as a best practices model for such facilities in small cities and towns across the United States. The project is subject to the execution of a definitive agreement.
The pilot program, including both basic and advanced firearms training would commence with Hinds Community College in Jackson, Mississippi, where Mississippi law enforcement agencies, Department of Homeland Security (DHS) personnel and other local, state and federal agencies expected to receive instruction. The cost of building the Anti-Terrorist Tactical Training Center is estimated at $2.9 million per unit.
These Anti-Terrorist Tactical Training Centers are fully sustainable, indoor facilities. As such, they remove the need for outdoor firing ranges that have detrimental environmental impact due to lead seepage into the ground. GreenHouse plans to design and construct the 11,000 square foot training center on land leased from the college at a cost of $1.00 per year for a 15 year term. The training center will feature a GreenHouse delivered Tactical Training System featuring the company's sustainable bullet trapping system capable of containing 7.62 caliber rounds at a maximum distance of 30 meters. The range will also have twelve lanes of fire featuring pneumatic turning target systems including two lanes with wheelchair accessibility.
GreenHouse Holdings, Inc. is a leading provider of energy efficiency solutions and sustainable infrastructure products. The Company designs, engineers and installs disparate products and technologies that produce persistent technical and financial results, by enabling our clients to monitor and control their energy costs in the most efficient manner possible.
More about GRHU at: www.greenhouseintl.com
Meru Networks, Inc. (Nasdaq:MERU)
announced that it has been recognized by Everything Channel's CRN Magazine as one of the top 100 2010 Health Care Vendors. This first annual list recognizes the most important health care technology vendors with indirect channel programs or direct relevance to the channel. According to IDC Health Insights, growth in implementation of electronic medical records and health information exchange technologies will help to spur the worldwide growth of health care IT spending over the next three years to over $13 billion. As a result, these technologies are quickly becoming a lucrative, value-added play for solution providers and VARs, who need to identify the ideal vendors with which they can partner with on health care opportunities.
With the World Wide Web, you can distribute various announcements to millions of users in a timely manner. Because there is virtually no time lag from the time it takes to publish information to making the information available to users, the Web is an ideal medium to publicize announcements. As more people discover the virtues of the Web and get connected to the Internet, the Web will become the medium of choice for many organizations and individuals to publicize various announcements.
Crown Equity Holdings Inc. (OTCBB:CRWE.OB)
has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
Arnulfo Saucedo-Bardan, Chairman of the Board for Crown Equity Holdings Inc, stated: "In addition to publishing to the mentioned countries, Crown Equity Holdings Inc. has also established online publishing sites for over 660 various cities within those countries."
Crown Equity Holdings Inc together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
More about CRWE at: www.crownequityholdings.com
AutoChina International Ltd. (Nasdaq:AUTC)
announced that it will be cancelling the earn-out share provision of the share exchange agreement entered into in connection with its initial business combination (“Earn-out”)
for fiscal years after 2011. Originally, the Earn-out could cause a maximum of 20% dilution during each of 2012 and 2013 if EBITDA grew 90% or more in each of those years. This amendment eliminates the Earn-out for 2012 and 2013, eliminating the potential dilutive effects of such issuances on AutoChina’s currently issued and outstanding shares.
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disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received fifteen thousand dollars in cash and anticipates another five thousand dollars in cash from the company for 60 days of advertisement services for Green House Holdings, Inc. (GRHU.OB). In addition to the cash, Crown Equity Holdings Inc. (CRWE.OB) also has received 20,000 shares of 144 restricted stocks from the company.