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Innolog Announces Q3 Financial and Operating Results – Q3 Revenues Increased 36.5% to $1,555,467

Posted by AGORACOM-JC at 10:45 AM on Thursday, November 15th, 2012

Innolog Announces Q3 Financial and Operating Results – Q3 revenues increased 36.5% to $1,555,467

                                                     (INHC: OTCQB)

Highlights:

  • Q3 revenues ended September 30, 2012 increased 36.5% to $1,555,467 as compared to $1,139,166 for the same period last year
  • Revenues for the nine months ended September 30, 2012 increased 9% to $4,069,869 as compared to $3,731,666 for the same period last year.

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………………………………….

FAIRFAX, Va., Nov. 15, 2012 — Innolog Holdings Corp. (OTCBB: INHC) today announced its third quarter and nine months results for the period ending September 30, 2012.

Revenues for the quarter ended September 30, 2012 increased 36.5% to $1,555,467 as compared to $1,139,166 for the same period last year. Revenues for the nine months ended September 30, 2012 increased 9% to $4,069,869 as compared to $3,731,666 for the same period last year.

In addition, the Company has shown a corresponding decline in its loss from operations. The loss from operations has declined from $540,610 for the three months ended March 31, 2012 to $418,207 as of June 30, 2012, and down to $306,296 as of September 30, 2012. This is a decline of 43% from the three months ending March 31, 2012 to the three months ending September 30, 2012.

William P. Danielczyk, INNOLOG’s Executive Chairman, stated, “We are pleased to show the continued improvements and growth in our business while we are reducing the operating loss each quarter. We are making progress in developing new markets, while still growing our main business. We remain steadfast on bidding and being awarded government contracts that provide us with positive cash flow and profitability on a project-by-project basis. As we enter the final quarter of this year and look forward to 2013, we remain optimistic about the future and progress of the Company.”

About Us

Innolog Holdings Corporation was formed in March 2009 as a holding company for the purpose of acquiring businesses that provide services primarily to federal government entities. Our primary subsidiary, Innovative Logistics Techniques, Inc. (www.innolog.com), was founded in 1989 to help the Department of Defense address complex logistics business problems. The company is a federal government contractor that brings world-class solutions and leading edge process oriented thinking to the U.S. military, civilian agencies and state and local governments to provide solutions to complex logistics problems.

Additional information is available at www.innologholdings.com.

Statements in this press release that are not statements of historical or current fact, such as the expectation of future revenue growth and profitability, constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause INNOLOG’s actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Factors that could cause INNOLOG’s results to be materially different from the forward-looking statements include whether INNOLOG will be able to find financing when and as it needs it and whether INNOLOG’s revenues will eventually exceed its expenses. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in INNOLOG’s reports filed with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/.

Contact:
Investor Relations
Andrew Barwicki
516-662-9461 / [email protected]

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AGORACOM Welcomes Innolog Holdings (INHC: OTCQB); $5 Million in Revenue; Big US Government Clients

Posted by AGORACOM-JC at 9:25 AM on Wednesday, November 7th, 2012

AGORACOM is proud to announce Innolog Holdings Corp (INHC: OTCQB) as our newest client.

Innolog Holdings Corporation provides supply chain logistics and information technology solutions to clients in the public and private sectors. Clients include, General Dynamics: PM-J-AIT, U.S Army, U.S Navy, U.S Air Force and Lockheed Martin.

REAL REVENUES

  • 2012 Revenues (Estimated) $5,200,000
  • 2012 Revenues Year to date $2,514,402
  • 2011 Revenues $4,770,738

TRENDS WITHIN THE NATIONAL SECURITY COMMUNITY

  • Increased Spending on Defense and Intelligence to Combat Terrorist Threats
  • Increased Spending on Cyber Security
  • Continuing Focus on Information Sharing, Data Interoperability and Collaboration
  • Reliance on Technology Service Providers
  • Inherent Weaknesses of Federal Personnel Systems

Federal government spending on information technology increased from approximately $76 billion in federal fiscal year 2009 to $84 billion in federal fiscal year 2011 and is projected to increase to $91 billion in federal fiscal year 2016.

INNOLOG’s Supply Chain Logistics is a fully integrated life cycle solution: an end-to-end process to manage, control, and accelerate material and information across disparate functional and geographic boundaries to reduce supply chain costs and time of product and information flow from origin to consumption.

CORE CAPABILITIES

  • Integrated Logistics Systems
  • Asset Tracking and Management
  • Acquisition Management
  • Performance Based Logistics
  • Professional Engineering
  • Healthcare Solutions

We combine the right processes, IT solutions and intellectual capital to take independent variables and bring them together to create the best outcome for our customers. Further, we provide a proven methodology and embedded metrics to simplify the way you obtain mission critical information.

SIGNIFICANT EXPERIENCE

  • OperationSafe Commerce
  • Stock Funding of Depot Level Repairables
  • Strategic Airport Rollout Security (SARS) Program
  • Office of Deputy Chief of Staff, Logistics (G-4) – IT and knowledge Management
  • Naval Sea Systems Cmd/ Naval Research Lab – Electronic Warefare
  • Pentagon Renovation Warehousing

THE MARKET OPPORTUNITY

As a company with multiple service line offerings, INNOLOG operates in multiple markets. The broad primary target market is the federal government, with specific focus on the various federal agencies in need of INNOLOG services. While the overall Department of Defense budget is expected to remain flat at $1.4 trillion, we expect the market for the specialized services & expertise offered by INNOLOG to grow substantially over the next five years.
STOCK OWNERSHIP

  • Insiders: 37M Shares (72%)
  • Public Float: 15M Shares (28%)

12 Month Stock Chart

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National Graphite Announces Completion Of Geophysics Survey On Nevada Graphite Property

Posted by AGORACOM-JC at 10:29 AM on Wednesday, September 12th, 2012

Wednesday, September 12, 2012 – National Graphite Corp, (NGRC-OTCBB) formerly Lucky Boy Silver Corp. (LUCBE –OTCBB) is pleased to announce that the Company has completed the StrataGem Electro-Magnetic Survey on its Chedic/Voltaire Graphite property in NW Nevada. An independent Geophysicist will interpret all data acquired and deliver a report in two to three weeks. This will delineate our future drill targets.

Also, contracted Geologist, John O. Rud, M.Sc. of the GeoXplor Corporation has completed staking on the property adjacent to the Chedic/Voltaire property adding 15 more lode claims and 300 additional acres to the company’s graphite holdings in NW Nevada. The Company previously purchased a 100% interest in and to the Chedic/Voltaire Graphite Property consisting of 20 Mineral Lode Claims in Township, 15 North, Range 19 East, Sections 25 & 26 Carson City, NV comprising approximately 400 acres.

The Company previously also purchased 65 claims of 60 hectares each for a total of over 9,600 acres in Lochaber Township in Quebec, Canada. This property is near the Dun Raven Mines that is estimated to have in excess of four million tons of 4.1% Graphite.

Graphite

Graphite is one of the most versatile of non-metallic minerals. Used in batteries, lubricants, brake linings, refractories and foundries, graphite can be either synthetic or natural. Natural and synthetic graphite industries operate independently and have little crossover in market share and end uses. The rise of the Lithium-ion battery has caused great excitement in the graphite industry in recent times. Demand for batteries (primarily nickel-metal-hydride and to a lesser extent Li-ion) caused a surged in graphite demand in the late 1980s through the 2000s. The growing graphite end and use 10X the graphite to lithium is used and is a critical element in the rapidly expanding electric auto market. Batteries are the fastest growing end use for graphite. Electric vehicles hold the potential to see graphite demand boom. For example, the Li-ion battery in the fully electric Nissan Leaf contains nearly 40 kg of graphite.

National Graphite to enter World Production

American production of Graphite is a national priority as China currently dominates world graphite production and represents 75% of total output. India is the second largest producer followed by Brazil, North Korea, Austria and Canada. The U.S. has no current natural graphite production but National Graphite Corp is committed to explore bringing the Chedic/Voltaire graphite mine to production.

Contact: Kenneth B Liebscher – [email protected]

“Safe Harbor” Statement:

Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Notice Regarding Forward Looking Statements -This press release includes forward-looking statements that involve a number of risks and uncertainties, including the success of the programs it is commercializing and developing. Further, the risks involve the ability of the Company to raise capital to fund its operations and the capital requirements for the development and marketing of its products. Investors are encouraged to review the risk factors listed or described from time to time in the Company’s filings with the Securities and Exchange Commission.

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Continental Enters Into Partnership For Indonesian CBM

Posted by AGORACOM-JC at 9:33 AM on Tuesday, May 15th, 2012

Continental Enters Into Partnership For Indonesian CBM

Continental Energy Corporation (OTCBB: CPPXF) an emerging international energy company, today announced that it has entered into a Joint Study and Bid Group agreement with CBM Asia Development Corp.

CBM Asia (TSX.V:TCF) (www.cbmasia.com ), a Canadian-listed coalbed methane (“CBM”) company focused solely on the Indonesian CBM industry and with interests in four CBM production sharing contracts (“PSC”) is pursuing new CBM opportunities in Indonesia. Under the agreement, Continental and CBM Asia will jointly and exclusively study selected areas in Indonesia with the objective of identifying geologically justified candidate areas to be jointly pursued as targets of opportunity for direct acquisition of CBM PSCs offered by the Indonesian government through public tenders or through direct proposal tenders conducted under joint study arrangements.

Successful CBM PSC acquisitions shall be shared by Continental and CBM Asia under a pre-agreed joint operating agreement (“JOA”) format in the participating interest proportions 75% CBM Asia and 25% Continental. CBM Asia shall act as operator under the JOA and any CBM PSC and shall pay 100% of the JOA’s CBM PSC general and administrative costs. All CBM PSC acquisition costs and other JOA exploration and drilling costs shall be borne by the parties in proportion to their respective JOA participating interests.

According to MIGAS, the oil and gas division of Indonesia’s Ministry of Energy, gas production from CBM is expected to contribute to the country’s efforts in boosting its declining gas output. Indonesia has the world’s second largest CBM reserves after China, with total potential reserves of 453 trillion cubic feet, twice that of its estimated conventional natural gas resources. In order to promote CBM development, the Indonesian Government has prepared some new incentives and streamlined CBM working area applications. Foremost among these incentives is a favorable production sharing split for the contractor of 45% for CBM gas as opposed to the 30% conventional PSC operators receive for gas. A tax holiday incentive is also being considered for CBM gas.

What is coalbed Methane? *source
The primary energy source of natural gas is a substance called methane (CH4). Coal bed methane (CBM) is simply methane found in coal seams. It is produced by non-traditional means, and therefore, while it is sold and used the same as traditional natural gas, its production is very different. CBM is generated either from a biological process as a result of microbial action or from a thermal process as a result of increasing heat with depth of the coal. Often a coal seam is saturated with water, with methane is held in the coal by water pressure. Currently, natural gas from coal beds accounts for approximately 7% of total natural gas production in the United States.

IR Hub / Corporate Profile / Discussion Forum

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Continental Energy (CPPXF:OTCBB) Buys First Stake in a Geothermal Energy Project

Posted by AGORACOM-JC at 10:21 AM on Wednesday, May 9th, 2012

Continental Energy Corporation (OTCBB: CPPXF)  announced that it has purchased a 10% stake in Tawau Green Energy Sdn. Bhd. (“TGE“), a privately held company based in Kota Kinabalu, Sabah, Malaysia.

TGE is a geothermal energy developer. On November 29, 2011, TGE entered into a Renewable Energy Power Purchase Agreement (the “PPA“) with Sabah Electricity Sdn. Bhd. (“SESB“) to supply a capacity of 30 megawatts of electrical power to SESB’s East Coast Sabah power grid. SESB is a utility owned 80% by Tenaga Nasional Berhad, the federally owned electrical generation authority and utility of Malaysia and 20% by the State Government of Sabah. TGE is developing a volcano related geothermal resource known as “Apas Kiri” which is located in southern Sabah near the city of Tawau approximately 100 miles north of Continental’s Bengara-II oil and gas PSC in Indonesia.

TGE will build, own and operate the geothermal power plant and expects to construct it at an estimated total cost of 400 Million Malaysian Ringgit (“MYR“) (approximately US$ 133 Million). TGE plans to commission the plant by the end of 2014 and when completed, it will be Malaysia’s first power plant fired by a geothermal resource.

The PPA provides for a fixed purchase price by SESB of MYR 0.21 per kilowatt hour (approximately US$ 0.07) and a guaranteed off-take of all power the geothermal plant can produce for a fixed term of 21 years from first commercial operation. Over the 21 year life of the PPA, TGE expects to generate about US$ 328 Million in revenues at the PPA price. Additionally, TGE has applied for a Feed-In Tariff incentive from the Malaysian Government which if and when approved, would increase the overall revenue projection.

Richard McAdoo stated, “This acquisition of a 10% stake in TGE is a milestone event for Continental. It represents that all important, first big-step of our planned expansion into the renewable electrical power generation sector in a high growth region. The countries of Southeast Asia are all aggressively pursuing additional electrical power generation as the solid growth of their economies places unprecedented demand on current electrical generation capacity. As a result, clean, sustainable and renewable energy projects are generating major interest from regional financing sources and are attracting substantial investment incentives from the highest levels of government. The rapid and impressive track record of TGE in bringing the Apas Kiri geothermal project from concept to PPA is an excellent example of one of many attractive business opportunities available to innovative renewable and unconventional energy companies in Southeast Asia. We are extremely pleased to be joining TGE in this business venture and we are confident that our expertise in geological resource evaluation, risk management, and drilling will make a major contribution to TGE’s success.”

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Source: http://agoracom.com/ir/continentalenergy/forums/discussion/topics/531444-continental-buys-first-stake-in-a-geothermal-energy-project/messages/1680203#message

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