EQ Labs, Inc. (PK:EQLB) recently reported that the company has had 300% increase in revenues for the first quarter compared to the fourth quarter of 2009 in one of its key sales regions The sales region encompasses Las Vegas and the surrounding area and the numbers were derived predominantly from EQ’s sales in 43 convenience store locations. This record breaking quarter also followed a strong Q4 2009. The company continues to see positive trends in all of its key markets.
EQLB is engaged in the development, marketing and sale of EQ. EQ is an effervescent tablet that can be dissolved in any beverage to provide instant energy, consisting of a blend of essential vitamins, Gingko Biloba, and less caffeine than a cup of coffee. EQ is currently sold at Best Buy, 7-Eleven, Walgreens and other leading retailers.
Orofino Gold Corp. (OTC:ORFG) recently reported that the results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects that ran higher than expected in gold, silver and copper have been re-assayed. These results give the company four very strong targets and two extremely rich structures to target for Gold and Copper. The company will now implement an airborne magnetometer program as well as begin site preparation for the diamond drilling planned to take place in the second quarter of 2010.
ORFG is a precious metals acquisition, exploration, and development company. The Company acquires and explores strategically-located precious metals properties in the historically rich gold bearing jurisdictions of Colombia and Mexico. To this end OROFINO has signed an option agreement to acquire several properties in Colombia.
Clean Diesel Technologies, Inc. (Nasdaq:CDTI) a cleantech emissions reduction company, recently reported the appointment of two independent directors, Frank Gallucci and David W. Whitwell, to its Board of Directors.
During a Board meeting that took place on August 25, 2010, Mr. Frank Gallucci and Mr. David W. Whitwell were appointed Directors of the Company and appointed to serve as members of the Company’s Audit Committee. In so doing, the Company believes it has satisfied the NASDAQ listing deficiency previously reported in September of 2009.
Frank Gallucci is a Managing Director and founder of Whitestone Associates, LLC, a boutique investment banking firm specializing in M&A services and strategic planning, established in 1992. Since 2008, Mr. Gallucci has also served as a Vice President-Mergers and Acquisitions for Valhalla Management, a private equity firm based in Winnipeg, Canada. Mr. Gallucci holds a BS degree from the State University of New York-Oneonta and an MS and MBA from Hofstra University. Since 2003, Mr. Gallucci has served as an adjunct professor at Adelphi University’s Graduate School of Business.
CDTI is a cleantech company providing sustainable solutions to reduce emissions, increase energy efficiency and lower the carbon intensity of on- and off-road engine applications. Clean Diesel’s patented technologies and products allow manufacturers and operators to comply with increasingly strict regulatory emissions and air quality standards, while also improving fuel economy and power.
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