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RealPennies.com: Turning Pennies into dollars: (OTCBB: CABN), (OTC:
FMNJ), (OTCBB: PRPL), (OTC: GTEM)
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| Copyright: | M2 Communications Ltd. | | Source: | M2 PressWIRE | | Wordcount: | 1896 |
RDATE:01072008
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CARBON SCIENCES INCORPORATED (OTCBB: CABN) Carbon Sciences, Inc. focuses on developing GreenCarbon technology to convert carbon dioxide into a form that would not contribute to global warming. Its GreenCarbon technology is targeted at coal-fired electrical power plants and fuel production plants. The company was founded in 2006 as Zingerang, Inc. and changed its name to Carbon Sciences, Inc. in April 2007. Carbon Sciences, Inc. is based in Santa Barbara, California.
CABN News:
June 30 - Carbon Sciences Announces Joint Research Agreement With University and Its Research Team
Research Team From Finland Is Considered Among the World's Leaders in Carbon Mineralization Research
Carbon Sciences Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products, announced that it has signed a joint research agreement with Abo University, Finland.
The research team led by Professor Ron Zevenhoven at Abo University is considered among the world's leaders in carbon transformation research. Carbon transformation, technically referred to as carbon mineralization, is a process in which CO2 is combined with rock minerals to produce a solid carbonate. Due to the unique geology of Finland, underground sequestration of CO2 is not an economically viable option. Therefore, an important option for CO2 mitigation in Finland is carbon transformation.
Derek McLeish, the company's chief executive officer, commented, "Carbon Sciences is aligning with various international strategic partners. With the completion of this agreement, we'll be working with the world's premier researchers in CO2 carbon transformation."
"We are pleased to be researching carbon mineralization technologies with Carbon Sciences," stated Professor Ron Zevenhoven of Abo University. "Our research associates have studied and worked with many promising approaches to permanently capturing CO2 in the last decade. We are delighted to be working with Carbon Sciences, a visionary company in the industry."
Professor Zevenhoven, formerly of Helsinki University, has been at the forefront of this research for many years. Geological sequestration or underground storage is one of the proposed solutions for mitigating CO2 emissions. However, in many instances it is simply not feasible, geographically or economically, to bury CO2 underground. Long term environmental and human risks and their associated costs argue instead for other technical solutions. Carbon Sciences' technology transforms CO2, using a carbon mineralization process, into high value products used in everyday life.
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FRANKLIN MINING INCORPORATED (OTC: FMNJ) Franklin Mining, Inc. primarily has mining and energy interests in the United States and Bolivia. It also holds various energy interests for the development and construction of gas-to-liquid facilities in Argentina. Franklin Mining, Inc. was formerly known was WCM Capital, Inc. The company was founded in 1864 and is headquartered in San Antonio, Texas with additional offices in La Paz and Santa Cruz, Bolivia and Buenos Aires, Argentina.
FMNJ News:
July 1 - Franklin Appointed to Represent Capital Oil & Gas, Ltd. in South America
Prepared to Deliver Diesel in Argentina and Paraguay
Franklin Mining, Inc.'s (OTC: FMNJ) (Frankfurt: FMJ.F) Chairman and President, William A. Petry, announces that Franklin was named a representative of Capital Oil & Gas, Ltd. (London) in April 2008 and authorized to negotiate the purchase of crude and refined petroleum products in the countries of Bolivia, Argentina and Colombia. "With Capital Oil & Gas' success in Europe, Africa and Asia, I am excited to be their representative as they prepare to enter South American markets," he said when releasing his June 30, 2008 Memorandum to be posted on the company web-site. "Franklin Oil & Gas, Argentina SA entered negotiations almost immediately following Capital Oil & Gas' April 8, 2008 appointment."
Mr. Petty also stated that, in addition to negotiating Capital Oil & Gas purchases, Franklin Oil & Gas, Argentina SA has entered negotiations with Energia Argentina Sociedad Anonima (ENARSA) for the delivery of up to 200,000 MT per month of diesel fuel and with Paraguayan Petroleum (Petroleos Paraguayos, PETROPAR) for the delivery of up to 250,000 MT per month. ENARSA is Argentina's national oil company; PETROPAR is Paraguay's national oil company.
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PARK PLACE ENERGY CORPORATION (OTCBB: PRPL) Park Place Energy Corp. is a North American oil and gas company that is participating in high impact opportunities. The Company currently has gas production in North-East British Columbia and is committed to developing the asset as well as acquiring additional blue-sky gas opportunities in the area, with a focus on shale gas. Park Place's management is focused on optimizing profitability and enhancing shareholder value.
PRPL News:
June 30 - Park Place Energy Corp. Revenues Surpass Expectations with Significant Cash Flow
Park Place Energy Corp. (OTCBB: PRPL) ("Park Place" or "the Company") said that revenues from production for the month of May have surpassed $260,000 CDN. Additionally, the company is waiting for confirmation with respect to the liquids of approximately 19 barrels per million cubic feet. Production is coming from the Company's core property, Eight Mile, in North East British Columbia where the Company and its partners have tied in the 7 of 8 Well.
With natural gas prices strengthening well over $13 MMBTU this summer and crude oil running well over $140 per barrel, market conditions appear promising for the development of Canada's immense petroleum resources. Park Place has positioned itself in North East British Columbia and has created a core area around its Eight Mile gas property and has a highly experienced operating partner in Terra Energy (TTR: TSX.V).
With the Company now generating significant cash flow for the first time in its history as a public company, Park Place and its partners will review the recently acquired 3D seismic data on the Eight Mile Property over the upcoming weeks and decisions will be made as to where to drill additional earning and step out wells. Park Place is also aggressively seeking to acquire a shale gas property with blue sky potential with a focus on the Horn River Basin and area near its producing Eight Mile property.
Park Place Energy President and CEO David Johnson said, "This is a very exciting time for Park Place with significant cash flow and we have graduated from being a junior explorer to a substantial producer in our core area, North Eastern British Columbia"
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GLOBETEL COMMUNICATIONS CORPORATION (OTC: GTEM) GlobeTel Communications Corp. provides an integrated suite of telecommunications products and services, utilizing Stored Value, Voice over Internet Protocol, and wireless access technologies. Its core products and services are telephony services that include international wholesale carrier traffic; networks; and enhanced services, such as IP telephony. The company's nontelephony products and services consist of outsourced Stored Value services for the international banking and telecommunications community. GlobeTel's Super Hub network, which is in development, is a national wireless broadband network utilizing high-altitude airships called Stratellites that would be used to provide wireless voice, video, and data services. The company's operations exist in Asia, Europe, South America, Mexico, and the Caribbean. GlobeTel was founded in 2002 and is based in Fort Lauderdale, Florida.
GTEM News:
July 1 - Stratospheric Flight Technology Showcased, Demonstrated At Stuttgart Conference Hosted by Sanswire-TAO Corp.
GlobeTel Communications Corp. (OTC: GTEM) announced that Sanswire-TAO Corp., the joint venture owned by its Sanswire Corp. subsidiary and TAO Technologies GmbH, showcased the Company's high altitude unmanned aerial vehicles (UAV) development capabilities in Stuttgart. The demonstrations included the unveiling of new technological advancements within the company's high altitude long endurance (HALE) program and detailed strategies, leading to demonstrations of facilities, components and systems, and live flights of various aerial platforms. Key accomplishments of the conference included:
* Flight demonstrations of the SAS-51 airship with a live video surveillance package, lightweight compact autonomously controlled vehicles, and multiple "AirChain" prototypes, illustrating the inherent flight properties of the segmented cell design in flight
* Theoretical presentations of the company's patented "AirChain" segmented cell airship design in comparison to the flawed characteristics of non segmented, rigid designs
* Introduction of various proprietary software systems, including the advanced modeling and design language developed by TAO to theoretically evaluate lighter than air (LTA) vehicles using numerous interchangeable characteristics such as payload, duration and altitude. These systems use the data gathered from thousands of test flights to customize an airship with specific capabilities for wind speed, payload capacity and endurance
* Presentation of the company's flight strategies, including ground control, launch sequences and return strategy, utilizing a proprietary autonomously controlled parachute payload return system to provide safe return of vehicle and payload under normal and extreme conditions
* Showing the proprietary subsystems, including its autonomous flight control software and state of the art propulsion system, designed to immediately provide persistent service for missions requiring station keeping at mid altitudes utilizing a rotation of vehicles in approximately one week cycles.
* Tours of facilities, including laboratories, testing and construction facilities, which included the equipment and resources utilized in the fabrication of electronics, components and materials used in the construction of airship platforms
Jonathan Leinwand, Chief Executive Officer of GlobeTel Communications, stated, "We would like to thank Dr. Kroplin and his team for this incredibly informative conference. We believe the demonstrations were an overwhelming success and an affirmation of our confidence in the Sanswire-TAO development programs. Our guests were able to see the depth of knowledge that has been developed by TAO during its 14 years of airship development. We have shown our capabilities to provide the next generation of lighter than air unmanned aerial vehicle platforms to our partners and customers."
ABOUT SANSWIRE-TAO CORP.
Sanswire-TAO exclusively owns and markets all the technology and intellectual property associated with TAO's lighter than air (LTA) unmanned aerial vehicles (UAV), including the Stratellite(tm) high-altitude airships, the SAS-51 low-altitude airships, the mid-altitude SkySat airship category and the PADDS Precision Air Drop Delivery System in the US, Canada and Mexico. Sanswire-TAO Corp. is jointly owned by TAO Technologies GmbH and Sanswire Corp., a subsidiary of GlobeTel Communications Corp. For more information, visit www.sanswire-tao.com.
ABOUT TAO TECHNOLOGIES GMBH
TAO Technologies GmbH, in cooperation with the University of Stuttgart, led by Professor Dr. Bernd Kroplin, is highly regarded throughout the world for research, design, development and flight testing of various designs of aerial vehicles.
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