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Omagine Retains BUYINS.NET to Surveil Short Sellers and Market Makers

Posted by AGORACOM-JC at 5:11 PM on Tuesday, October 7th, 2014

  • Approximately 4.76 Million Shares Shorted Since August 2009
  • Short Squeeze Has Begun As Stock Is Above $1.54 SqueezeTrigger Price

NEW YORK, Oct. 7, 2014 — Omagine, Inc. (OTCQB:OMAG) announced today that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Omagine, Inc. (OTCQB:OMAG) after releasing the latest short sale data through October 6, 2014. The total aggregate number of shares shorted since August 2009 is approximately 4.76 million shares (adjusted for a net 5 for 1 reverse split in 2009). Approximately 24.32% of daily trading volume is short selling. The SqueezeTrigger price for all OMAG shares shorted is $1.54. A short squeeze has begun as the price of OMAG is above the $1.54 SqueezeTrigger price.

Click here to view Report: http://www.buyins.com/reports/omag10-7-14.pdf

Click here for SqueezeTrigger: http://www.buyins.com/images2/omagstr10-7-14.jpg

Click here for Friction Factor: http://www.buyins.com/images2/omagff10-7-14.jpg

Click here for detailed explanation: http://www.buyins.com/brochure.pdf

Friction Factor calculates if a fair market is being made in the shares of OMAG. 45% of the previous 38 trading days have been positive or bullish-biased and 55% have been negative or bearish-biased.

Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker’s activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.

BUYINS.NET monitors OMAG market-makers daily for compliance with Fair Market-Making Requirements.

About Omagine, Inc.

Omagine, Inc. is a publicly traded company (OTCQB:OMAG). The Company conducts all of its real-estate development, tourism and entertainment business activities through either its 60% owned subsidiary Omagine LLC or its 100% owned subsidiary Journey of Light, Inc. The Company is focused on real-estate, entertainment and hospitality opportunities in the Middle East and North Africa (the “MENA Region”) which is one of the fastest growing tourist destinations in the world.

Governments in the MENA Region are seeking to diversify their economies and create employment for their citizens via the development of tourism destination projects. It is the Company’s opinion that this governmental strategic vision combined with the enormous financial resources in the MENA Region will continue to present superb development opportunities. The Company presently focuses the majority of its efforts on the business of Omagine LLC and specifically on the Omagine Project.

Investors or interested parties may visit Omagine’s website at www.omagine.com for more information about the Company or http://agoracom.com/ir/omagine which is the Company’s investor relations website.

About BUYINS.NET

BUYINS.NET, http://www.buyins.net, monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies and comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

Friction Factor – market-maker surveillance system tracking market-makers to determine Price Friction and compliance with new “Fair Market-Making Requirements”.

RegSHO Naked Shorts – tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.

INVESTMENTS & TRADING

SqueezeTrigger – 40 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge – predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality – predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader – tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scanner – automates tracking of technical patterns and predicts next move in stocks.

GATS – tracks all strategies

DISCLAIMER:

BUYINS.NET is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. OMAG has paid a non-affiliate $1,117 per month for six months of data provided in this report. OMAG has not approved the statements made in this release. Please read our report and visit our website, http://www.buyins.net, for complete risks and disclosures.

Omagine, Inc.
Corporate Inquiries
Charles P. Kuczynski, Vice-President
(212) 563-4141

BUYINS.NET
Thomas Ronk
800-715-9999

http://www.buyins.net

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CLIENT FEATURE: OMAGINE (OMAG: OTCQB) Inks $2.5B Agreement with Oman

Posted by AGORACOM-JC at 1:04 PM on Friday, October 3rd, 2014

 

OMAG: OTCQB

$2.5 BILLION DEAL FINALIZED WITH OMAN GOVERNMENT

  • Company has signed a Development Agreement with the Government of the Sultanate of Oman.
  • Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%
  • Developed on 245 acres of beachfront land on Gulf of Oman
  • Estimated cost approximately $2.5 Billion
  • BNP Paribas To Lead Construction Financing Syndicate
  • Market Cap ~ $50 Million

Hub On AGORACOM / Read Release

Omagine, Inc. (“OMAG”), through its 60% owned subsidiary Omagine LLC, plans to develop a $2.5 billion real-estate, tourism and entertainment project (the “Omagine Project”) in the Sultanate of Oman.. Omagine LLC was formed in Oman by OMAG as a wholly owned subsidiary and OMAG subsequently arranged for Omagine LLC to sell a 40% equity ownership interest in Omagine LLC to two partners for $70 million. The 2 partners are (i) the Sultan of Oman, and (ii) a $5 billion multi-national corporation.

The Omagine Project is planned to be developed on one million square meters (equal to approximately 245 acres) of beachfront land facing the Gulf of Oman (the “Omagine Site”) just west of the capital city of Muscat and approximately six miles from Muscat International Airport. It is planned to be an integration of cultural, heritage, educational, entertainment and residential components, including: a “high culture” theme park containing seven pearl shaped buildings, each approximately 60 feet in diameter, associated exhibition buildings, a boardwalk, an open air amphitheater and stage; open space green areas; a canal and an enclosed harbor and marina area; associated retail shops and restaurants, entertainment venues, boat slips, and docking facilities; a five-star resort hotel, a four-star resort hotel and possibly a three or four-star hotel; commercial office buildings; shopping and retail establishments integrated with the hotels, and approximately two thousand residences to be developed for sale. OMAG owns all the copyrights and intellectual property associated with the Omagine brand.

Development Agreement

Company recently announced that its 60% owned subsidiary, Omagine LLC has signed a Development Agreement (“DA”) with the Government of the Sultanate of Oman (“Oman”).

Omagine, Inc. (the “Company”) organized Omagine LLC under the laws of Oman to design, develop, own and operate a tourism and real-estate development project in Oman named the Omagine Project. The Omagine Project is estimated to cost approximately $2.5 billion to design, develop and construct.

The Omagine Project is planned to be an integration of cultural, entertainment and residential components, including: hotels, commercial buildings, retail establishments and more than two thousand residences to be developed for sale. It will be developed on one million square meters (245 acres) of beachfront land (the “Omagine Site”) facing the Gulf of Oman just west of the capital city of Muscat and approximately six miles from Muscat International Airport.

Omagine LLC owns the Omagine Project which, over the next several years, is projected to generate exceptional cash flow to the Company and the other Omagine LLC shareholders. The Company owns 60% of Omagine LLC.

The other Omagine LLC shareholders are:

i.

the office of Royal Court Affairs (“RCA”), which owns 25%, and

ii.

two subsidiaries of Consolidated Contractors International Company, SAL (“CCIC”), which collectively own 15%.

About the office of Royal Court Affairs.

The office of Royal Court Affairs (“RCA”) is an Omani organization representing the interests of His Majesty, Sultan Qaboos bin Said, the ruler of Oman.

About Consolidated Contractors.

Consolidated Contractors International Company, SAL (“CCIC”) is a multi-national company headquartered in Athens, Greece. In 2012 CCIC had 5.4 billion dollars in revenue, 126,000 employees worldwide and operating subsidiaries in, among other places, every country in the Middle East and North Africa.

12 Month Stock Chart

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Omagine Signs Multi-Billion Dollar Agreement with Oman

Posted by AGORACOM-JC at 2:22 PM on Thursday, October 2nd, 2014

NEW YORK, October 2, 2014 – Omagine, Inc. (OTCQB: OMAG) today announced that its 60% owned subsidiary, Omagine LLC has signed a Development Agreement (“DA”) with the Government of the Sultanate of Oman (“Oman”).

Omagine, Inc. (the “Company”) organized Omagine LLC under the laws of Oman to design, develop, own and operate a tourism and real-estate development project in Oman named the Omagine Project. The Omagine Project is estimated to cost approximately $2.5 billion to design, develop and construct.

The Omagine Project is planned to be an integration of cultural, entertainment and residential components, including: hotels, commercial buildings, retail establishments and more than two thousand residences to be developed for sale. It will be developed on one million square meters (245 acres) of beachfront land (the “Omagine Site”) facing the Gulf of Oman just west of the capital city of Muscat and approximately six miles from Muscat International Airport.

Omagine LLC owns the Omagine Project which, over the next several years, is projected to generate exceptional cash flow to the Company and the other Omagine LLC shareholders. The Company owns 60% of Omagine LLC.

The other Omagine LLC shareholders are:

i. the office of Royal Court Affairs (“RCA”), which owns 25%, and
ii. two subsidiaries of Consolidated Contractors International Company, SAL (“CCIC”), which collectively own 15%.

The Company, RCA and the two CCIC subsidiaries are parties to a legally binding Shareholder Agreement which, among other things, provides for:

i. initially capitalizing Omagine LLC at 150,000 Omani Rials [$390,000], and
ii. increasing Omagine LLC’s capital to 26,988,125 Omani Rials [$70,169,125] within a 6 to 12 month period following the signing of the Development Agreement, and
iii. a payment-in-kind investment of the land constituting the Omagine Site (the “PIK”).

The value of the PIK investment will equal the value to Omagine LLC of the approximately 245 acres of beachfront land constituting the Omagine Site which His Majesty the Sultan owned and transferred to the Government for the specific purpose of developing it into the Omagine Project.

The value of the PIK will be determined by a professional valuation expert in accordance with Omani law and with the concurrence of Omagine LLC’s independent auditor, Deloitte & Touche, (M.E.) & Co. LLC. The value of the land constituting the Omagine Site is conservatively but informally estimated by local real-estate brokers to be in excess of $700 million.

The legally binding contract between the Government and Omagine LLC governing the design, development, construction, management and ownership of the Omagine Project and the use and sale by Omagine LLC of the land constituting the Omagine Site is the Development Agreement which the Government and Omagine LLC signed on October 2, 2014.

“We are tremendously pleased with today’s signing of the Development Agreement and are anxious to now begin the development of the Omagine Project.” said the Company’s president, Frank J. Drohan.

Drohan continued, “Our mission is to develop, own and operate innovative tourism projects with components that are thematically imbued with culturally aware, historically faithful, and scientifically accurate entertainment experiences. We design the tourism elements to provide modern, stylish and entertaining experiences while highlighting the world’s great cultures, art, music, heritage, science and philosophy. We expect the Omagine Project to be the archetype for our future projects in the Middle East and North Africa.“

About the office of Royal Court Affairs.

The office of Royal Court Affairs (“RCA”) is an Omani organization representing the interests of His Majesty, Sultan Qaboos bin Said, the ruler of Oman.

About Consolidated Contractors.

Consolidated Contractors International Company, SAL (“CCIC”) is a multi-national company headquartered in Athens, Greece. In 2012 CCIC had 5.4 billion dollars in revenue, 126,000 employees worldwide and operating subsidiaries in, among other places, every country in the Middle East and North Africa.

About Omagine, Inc.

Omagine, Inc. is a publicly traded company (Stock Symbol: OMAG). The Company conducts all of its real-estate development, tourism and entertainment business activities through either its 60% owned subsidiary Omagine LLC or its 100% owned subsidiary Journey of Light, Inc. The Company is focused on real-estate, entertainment and hospitality opportunities in the Middle East and North Africa (the “MENA Region”) which is one of the fastest growing tourist destinations in the world.

Governments in the MENA Region are seeking to diversify their economies and create employment for their citizens via the development of tourism destination projects. It is the Company’s opinion that this governmental strategic vision combined with the enormous financial resources in the MENA Region will continue to present superb development opportunities. The Company presently focuses the majority of its efforts on the business of Omagine LLC and specifically on the Omagine Project.

Investors or interested parties may visit Omagine’s website at www.omagine.com for more information about the Company or http://agoracom.com/ir/omagine which is the Company’s investor relations website.

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, may be deemed to be forward-looking statements. Words such as “expects”, “intends”, “plans”, “may”, “could”, “should”, “anticipates”, “likely”, “believes” and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Additional information on risks and other factors that may affect the business and financial results of Omagine, Inc. can be found in the filings of Omagine, Inc. with the United States Securities and Exchange Commission.

Contact:

Omagine, Inc.

Corporate Inquiries

Charles P. Kuczynski, Vice-President

(212) 563-4141

[email protected]

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Liberty Star CEO to Visit East Asia for Naru Capital Roadshow Showcasing Copper-Gold-Moly Hay Mountain Project

Posted by AGORACOM-JC at 1:45 PM on Monday, September 29th, 2014

September 29, 2014 01:41 PM Eastern Daylight Time

TUCSON, Ariz. –Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce CEO/Chief Geologist James A. Briscoe will travel to Hong Kong, Japan and Korea in November to meet with potential investors to fund the Hay Mountain Project (“Hay Mountain”) Phase 1 drilling program and further development funding. Naru Capital (“Naru”) has also requested Briscoe present the Mine Finders training program on a roadshow planned for Qatar, Kuwait, Bahrain and UAE.

According to Naru’s representative, “We have successfully established relations with [potential] investors in Hong Kong who are significantly experienced in mining and thereby appreciate the risk-reward ratio of a greenfield project such as Hay Mountain. In the Middle East, we will be sourcing sophisticated [potential] investors who have been vetted to ensure an interest in early stage opportunities and who would ideally benefit immensely from the Mine Finders program. Based on the interactions between our team and the [potential] investors over the last few weeks, we anticipate good meetings to be held in Hong Kong….Potential meetings in Japan and Korea can be conducted face to face due to the proximity to Hong Kong.”

Briscoe is still in substantial contact with interested parties from the Middle East introduced to Liberty Star during Naru’s first Middle East Roadshow. As part of the second Naru Roadshow Briscoe will continue meetings with these potential investors and begin meetings with new prequalified contacts from Qatar, Bahrain, Kuwait and UAE. It is yet to be determined if Briscoe will travel to the Middle East for a second time. The presentations may be conducted by GoToMeeting computer meeting exchange, which allows up to 25 participants to view presentations on their computers anywhere in the world simultaneously.

States Briscoe: “We continue our pursuit of a suitable deal for Phase 1 drilling at Hay Mountain. The Mine Finders training program has remained of great interest to multiple contacts from my travels to Saudi Arabia, Oman and Turkey in June. We also have as many as three domestic groups that have expressed interest in investing in developing Hay Mountain. We will work on not only obtaining funds for Phase 1, but looking to future development funding capability as well.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include all our planned drilling program and our planned trip to Asia. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if our proposal is accepted, we may not be able to carry out the Mine Finders program as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter@LibertyStarLBSR

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Newnote Financial Corp. to Start Trading on the OTCQB

Posted by AGORACOM-JC at 12:47 PM on Thursday, September 18th, 2014

Newnote Financial Corp. (the “Company”), (OTCQB: NWWTF CSE: NEU; FSE: 1W4) is pleased to announce that it has commenced trading on OTCQB®, the venture market for entrepreneurial and development stage companies. OTC Markets Group announced today that Newnote Financial has been verified for trading on OTCQB, effective September 18, 2014.

The OTCQB venture marketplace offers investors transparent trading in entrepreneurial and development stage U.S. and international companies. Beginning March 26, 2014, OTCQB companies will be required to meet new standards and eligibility requirements. To be eligible for OTCQB, companies must meet a minimum one-penny ($0.01) bid price test, be current in their reporting and undergo a new annual verification and management certification process designed to improve the information available to investors.

“We are very pleased to add Newnote Financial to our expanding universe of OTCQB companies,” commented Douglas Rogers, Managing Director of Merriman’s Capital Markets Advisory Group. “Advising our clients on best practices regarding their material information and financial reporting requirements is a key component of our advisory platform at Merriman. We look forward to supporting the Newnote Financial management team on the OTCQB market.”

Paul Dickson, President and CEO states: “This is an important milestone for the Company as it seeks to expand its presence in the United States of America. The Company is fully reporting in Canada and listed on the CSE Stock Exchange as well as the Frankfurt Stock Exchange. We are pleased to work with Merriman Capital Inc., whose hard work and diligence has allowed us to achieve our listing on the OTCQB.”

About Newnote

Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.

About Merriman Capital, Inc.

Merriman Capital, Inc. is a full service investment bank and Broker-Dealer that facilitates efficient capital formation through a proprietary digital network, and offers Capital Markets Advisory and comprehensive Corporate Brokerage services for public and private companies. The firm also provides equity and options execution services for sophisticated investors and differentiated research for high growth companies. Merriman Capital, Inc. is a wholly owned brokerage subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is a leading advisory firm for publicly traded, high-growth companies.

Digital Capital Network, powered by Merriman Capital, is a capital marketplace that enables highly targeted and more efficient execution of transactions. Please visit our website for more information on how you can be a part of our Digital Capital Network: http://www.digitalcapitalnetwork.com. Digital Capital Network, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. All operations on the Digital Capital Network are currently being executed by Merriman Capital, Inc.

Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.

Company Contact Information

Paul Dickson
President, CEO & Director
Newnote Financial Corp.
CSE: NEU; FSE: 1W4
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
direct: 604-800-6749
fax: 604-685-3833
web: www.newnote.com

Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.

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Neah Power’s BuzzBar Suite(R) Launch Empowers African Classrooms

Posted by AGORACOM-JC at 6:00 AM on Tuesday, September 16th, 2014

Indiegogo Campaign Demonstrates Power to “Go Anywhere. Take Charge.”

BOTHELL, WA, Sep 16, 2014 — Neah Power Systems Inc. (OTCBB: NPWZ) (‘Neah’), an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries, is proud to launch their Indiegogo campaign for its BuzzBar Suite and a partnership to bring computing power to rural African classrooms using the recently released BuzzBar(R) Suite of products. The BuzzBar(R) is a new groundbreaking product that enables off-the-grid recharging of mobile consumer electronics using solar, grid, or proprietary fuel cell technology. If you frequently travel or go “off-grid” for any length of time, you will need a power source for your critical electronics. The BuzzBar Suite provides a simple power solution for anyone who needs “power to go.” This BuzzBar Suite can also be a life-saving product in an emergency.

Neah is partnering with the Asante Africa Foundation, a not-for-profit 503(c) corporation deploying tablet computers into remote African classrooms through their “Classroom in a Box” program, which will provide rich teaching material and expose children to content they would otherwise not have access to. Schools in remote villages are far from the grid and therefore require alternative power solutions. For every 25 BuzzBar Suite units sold, Neah Power will donate one BuzzBar Suite to Asante Africa Foundation.

“We believe there is a strong demand for a simple device that can enable people to go farther and travel longer with their vital electronics. There is nothing quite like the BuzzBar Suite,” said Dr. Chris D’Couto, CEO of Neah Power Systems. “We are eager to showcase the product’s power and are excited to bring the potential of Indiegogo(R) to this effort. Partnering with Asante Africa Foundation allows us to do good and further a very worthy cause.”

“We are pleased to partner with Neah Power Systems to deploy these products and enable a 21st Century learning experience to the children in Africa,” said Erna Grasz, CEO of Asante Africa Foundation. Be sure to visit http://igg.me/at/buzzbar to learn more about Neah Power’s campaign and how they are contributing to the Asante Africa Foundation. More information about Asante Africa Foundation’s Technology in the Classroom initiatives can be found at http://www.asanteafrica.org/technology/.

Different perks reap different acknowledgment gifts. For example, a donation of $40 will provide the benefactor with a t-shirt, and a donation will be made to Asante Africa Foundation. A donation of $149 will provide you with the BuzzBar(TM) Suite: a BuzzBar, a BuzzSol and a BuzzBat. Other perks provide other product combinations. The BuzzCell is expected to ship in Q4 2014. Visit the campaign on Indiegogo for a complete list of the perks offered.

About Neah Power Systems

Neah Power Systems, Inc. is an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries. Neah Power’s long-lasting, efficient, and safe solutions include patented and patent pending PowerChip and the BuzzBar family of products. Neah Power was a 2012 ZINO Green Finalist, 2010 WTIA Finalist, and 2010 Best of What’s New Popular Science Award.

About Asante Africa Foundation Asante Africa Foundation believes in the power of knowledge as the catalyst that will empower the next generation of change agents. We provide African youth in deeply rural areas of East Africa with access to high quality education and the tools to apply their knowledge beyond the classroom, creating opportunities to transform Africa and the world. Asante Africa Foundation is a 501 (c) 3 non-profit organization with global headquarters in the U.S.A. To learn more or to make a tax-deductible donation, please visit us at www.asanteafrica.org or email [email protected].

Forward Looking Statements Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements,” which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, and the Company does not undertake any responsibility to update any of these statements in the future. Please read Neah Power System’s Form 10-K for the fiscal year ended September 30, 2013 and its Quarterly Reports on Form 10-Q filed with the SEC during fiscal 2014 for a discussion of such risks, uncertainties and other factors.

SOURCE: Neah Power Systems, Inc.

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INTERVIEW: Neah Power Systems – Q&A Session Vol. 4 – Sept. 10, 2014

Posted by AGORACOM-JC at 6:09 PM on Wednesday, September 10th, 2014

Welcome to Q&A, a production of AGORACOM in which we ask shareholders to provide questions which will be answered directly by management. With us today is Dr. Chris D’Couto President of Neah Power Systems.

Neah Power Systems is a developer of fuel cell power solutions using proprietary, award winning technology for the military, transportation, and portable electronic devices.

$50M+ Invested into Neah Power Systems

  • Intel Corporation, Novellus Systems, Four Tier 1 VCs, US Navy, NIST/ATP
  • award winning technology (Popular Science, MIT)

Neah Power continues its aggressive efforts to commercialize proprietary and patented fuel cell technology. The Powerchipâ„¢ product and the Buzzbarrâ„¢ (CONSUMER) micro fuel cells have the potential to revolutionize the energy storage marketplace.

Hub On AGORACOM / Corporate Website / Watch Interview Now!

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Neah Power Systems, Inc. Ships BuzzBar(TM) Products Aug 29th, Completes CE Testing and Launches BuzzBar Suite Website

Posted by AGORACOM-JC at 6:08 AM on Thursday, September 4th, 2014

 

BOTHELL, WA–(Sep 4, 2014) – Neah Power Systems, Inc. (OTCBB: NPWZ) (‘Neah’), an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries, reported that it has begun shipping BuzzBar Suite of products on August 29th, 2014, and has completed CE certification. Neah had previously completed FCC certification. Additionally, Neah had launched a website dedicated to the BuzzBar Suite: www.buzzbarsuite.com.

“We are thrilled to be shipping to consumers who previously ordered the product, as well as to certain big box retailers for evaluation of the product,” said Dr. Chris D’Couto, CEO of Neah Power Systems. “We were able to file two patent applications related to the technology, complete FCC and CE certification, and address various manufacturing scale up issues over the last few weeks. We now expect to continue on the commercialization front more aggressively.”

The BuzzBar Suite, which can be a life-saving product, allows for charging from a variety of sources: grid power (traditional outlet), the BuzzBat (using AA and AAA batteries), the BuzzSol (solar panel), or the BuzzCell (available in Q42014).

About Neah Power

Neah Power Systems, Inc. is an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries. Neah Power’s long-lasting, efficient, and safe solutions include patented and patent pending PowerChip and the BuzzBar family of products. Neah Power was a 2012 ZINO Green Finalist, 2010 WTIA Finalist, and 2010 Best of What’s New Popular Science Award.

Forward Looking Statements
Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements,” which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, and the Company does not undertake any responsibility to update any of these statements in the future. Please read Neah Power System’s Form 10-K for the fiscal year ended September 30, 2013 and its Quarterly Reports on Form 10-Q filed with the SEC during fiscal 2014 for a discussion of such risks, uncertainties and other factors.

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CLIENT FEATURE: DNA Precious Metals (DNAP: OTCQB) Production target fall 2014 with 7+ Year Mine Life In Quebec

Posted by AGORACOM-JC at 5:19 PM on Thursday, August 21st, 2014

DNAP: OTCQB

Focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets.

Why DNA Precious Metals?

  • Company is 100% unhedged thus positioned to fully benefit from any future rise in precious metals prices
  • Main asset is the Montauban Tailings Mine Property located at Notre-Dame-de-Montauban in one of the world’s most favorable mining jurisdictions; the province of Quebec
  • Focused on the extraction of gold, silver and potentially, the industrial mineral mica (phogopite) from the approximate 2.5 million metric tons of historic mining residues (“residues”) situated in the Montauban area
  • Extraction of the valuable metals from the residues is a low cost process compared to the processing of ore.
  • Economic potential from the processing of the residues is approximately 174 million dollars

Competitive Edge

  • Sole mining company in Canada with its primary focus of bringing a tailings residue site into commercial production. The Company has “first mover advantage” in Quebec, and may expand into exploitation of other tailings sites throughout the province
  • Longer term potential is tailings exploitation nationally and in other jurisdictions.

The Montauban Project

Montauban, a series of advanced exploration claims, is located in the Portneuf County of Quebec, Canada. The project is situated approximately 120 km west of Quebec City and approximately 60 km north of Trois-Rivieres.

The project is accessible by vehicle through route 363 linking Saint-Marc des Carrieres, St- Casimir, Saint-Ubalde and Lac-aux-Sables, then following the route leading to Riviere-a-Pierre which cuts through the property.

Tailings

In July of 2010, 9215-8062 Quebec Inc. began a drilling campaign to evaluate the potential resources in the mining residues identified as “recent tailings” located on claims numbers; 5233236, 5233237, and 1037669. After receiving encouraging results from the initial drill campaign, 9215-8062 Quebec Inc. mandated Mr. Yves Gagnon, Engineer Geologist, to supervise a second drill campaign and to evaluate the Montauban Tailing resources by completing a National Instrument 43-101 compliant resource estimate.

Consequently, in January of 2011 Mr. Yves Gagnon Eng.Geo published the 43-101 Technical Report on the Resource Evaluation of the Montauban Tailings indicating the measured resources below. DNA Precious Metals Inc. is 100% owner of the sixty-five mining claims where the Montauban Tailings are located.

Historical tailings of approximately 2.5 million metric tons from past producers have been identified by multiple independent government reports for the Montauban Property. The tailings from those past producers in the Montauban Property area are;

DNA Crypto Corp.

Company has recently announced that it has formed a wholly owned subsidiary under the laws of the State of Nevada called DNA Crypto Corp. The new subsidiary will seek to identify the best crypto currency mining opportunities in the US and Canada. Initially, DNA Crypto Corp. will focus on mining bitcoins which currently represents the world’s most popular crypto currency. Bitcoin has the biggest liquidity pool of all the crypto currencies with over 12.8 million bitcoins in circulation and with a market capitalization of $8.4 billion US. Well known investors like Marc Andreessen and innovative financial organizations like Second Market are firmly behind bitcoin and the potential for bitcoin to be transformative.

Stock Chart

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Medical pot cookie prohibition ruled unconstitutional

Posted by AGORACOM-JC at 10:31 AM on Friday, August 15th, 2014

Court challenge stems from B.C. case of Owen Smith, who was charged with trafficking for baking pot cookies

CBC News Posted: Aug 14, 2014 10:42 AM PT Last Updated: Aug 15, 2014 6:35 AM PT

Ban on medical marijuana cookies ruled unconstitutional 1:57

It’s unconstitutional to forbid licensed medical marijuana users from possessing pot-laced products, such as cookies or body creams, a B.C. Court of Appeal judge has ruled.

Parliament has been given one year to recraft regulations to allow medicinal marijuana users to use products made from cannabis extract. They can include creams, salves, oils, brownies, cakes, cookies and chocolate bars.

Health Canada currently allows people suffering from debilitating illnesses access to medicinal marijuana, but only in the form of dried marijuana.

In her written reasons, Justice Risa Levine said this specification “is arbitrary and cannot be justified in a free and democratic society.”

Levine went on to state that when patients choose to use edible forms of marijuana, it “was a matter of necessity, or put another way, the restriction to dried marijuana interfered with their physical or psychological integrity.”

Pot activists react to ruling RAW2:25

Case of the pot cookie baker

The court challenge stems from the case of Owen Smith, who was charged with trafficking for baking pot cookies and producing topical cannabis creams for a medical marijuana club in Victoria in 2009.

Smith was caught baking more than 200 pot cookies for the Victoria Cannabis Buyers Club, and had a supply of cannabis-infused cooking oils and some dried dope in his apartment when he was arrested.

Marijuana ruling - Owen Smith pot cookie bakerOwen Smith was caught baking more than 200 pot cookies for the Victoria Cannabis Buyers Club in 2009. (CHEK)

He was acquitted in April 2012 after the B.C. Supreme Court ruled the medical marijuana regulations were unconstitutional, because patients were denied access to edible pot products and derivatives.

Justice Robert Johnston concluded that permitting dried cannabis alone was arbitrary and did little to further a legitimate state interest.

Thursday’s ruling means Smith acquittal stands and he will not be retried.

Health Minister Rona Ambrose’s office said in a statement released Thursday that it is “reviewing the decision in detail and considering our options.”

Marijuana laws under the microscope

Canada currently prohibits the possession and trafficking of all marijuana products under subsection 4(1) and Schedule II of the Controlled Drugs and Substances Act. However, subsection 55(1) of this act allows for exemptions to be made.

As such, an annex to that act, the Marihuana for Medical Purposes Regulations, allow people with medical need and authorization access to medicinal marijuana.

Under these regulations, many people suffering from debilitating illnesses get marijuana through Health Canada approved companies or get permission to grow it themselves.

However, the MMPR and its predecessor, the MMAR program, limit this access to dried marijuana and do not make any other exceptions to the list of banned substances detailed in Schedule II of the Controlled Drugs and Substances Act.

These banned substances, aside from the exempted dried marijuana, include cannabis resin and various extracts and derivatives of the cannabis plant.

Ottawa had hoped the B.C. Court of Appeal would strike down the B.C. Supreme Court decision.

But under Thursday’s ruling, government has been asked to review these rules, which could mean medical marijuana users would be supplied with resin or extract or be permitted to make themselves products such as pot cookies using marijuana extracts.

RULING | Full B.C. Court of Appeal ruling on medical marijuana extract case

Source: http://www.cbc.ca/news/canada/british-columbia/medical-pot-cookie-prohibition-ruled-unconstitutional-1.2736526

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