Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Ecoprogress Appoints Spartan Securities for US Quotation

Abstract:
Consolidated Ecoprogress Technology Inc. (TSX VENTURE: CES)(PINK SHEETS: CEPGF) has appointed Spartan Securities of Florida to undertake the listing of the Company on the US Pink Sheets. Preparatory documents have already been submitted to Spartan Securities for the submission of the 15-C211. It is our understanding that a quoted bid and offer will occur approximately early June 2007. This will allow US investors easier access to trade Ecoprogress shares, thereby expanding the investor audience. It is anticipated that liquidity in the company's shares will increase as a result.

Ecoprogress Appoints Spartan Securities for US Quotation

VANCOUVER, BRITISH COLUMBIA | Posted on March 30th, 2007

A preliminary Letter of Intent for US$5,000,000 announced on March 27, 2007 provides April Project 1 exclusive sales & distribution for all unassigned territories, and exclusive worldwide manufacturing for the feminine hygiene range. This provides Ecoprogress an initial cash payment, ongoing royalties, a note receivable, and may also cover the cost of some Ecoprogress employees or consultants in the near future. It also would reduce the burden of manufacturing, working capital, inventory and the cost of advertising in those 'sold' territories while allowing Ecoprogress to benefit from royalties. Sales from existing Ecoprogress distributors will continue once production resumes; expected around the end of April.

Discussions have been held with potential manufacturers, sales brokers and investors in China and Europe. Meetings with Quartek reviewed the status and refined the test process needed to complete the first version of the nanotech materials. Final formulation of the new nanotechnology materials has been delayed, due to the complexity of the requirements, and is expected to complete within two weeks. Trial production will commence after this.

Negotiations are continuing with Procter & Gamble to finalize an agreement on wing design royalties. An agreement has been proposed and is being reviewed by both companies.

The company is considering several investor relations groups to increase shareholder awareness. No decision has been finalized as of this date.

Given the number of changes expected this year the company will be providing a regular progress report on the last Thursday of every month. Shareholders and interested investors are encouraged to submit their e-mail address to to receive these and other updates.

Flushaway™ pads and liners are now carried in K-Mart in the US, and Coles and Priceline in Australia. Product is also available in South Africa, the US Marines Corps worldwide and Bonjour in Hong Kong.

Ecoprogress is diligently working on becoming a lead player in environmentally friendly, absorbent and plastic replacement products. Its first branded product, Flushaway™, provides women with the choice of a flushable feminine hygiene product.

ON BEHALF OF THE BOARD OF DIRECTORS

John Banks, CEO and President

Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the private securities litigation reform act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the TSX-V and on SEDAR.

####

For more information, please click here

Contacts:
Consolidated Ecoprogress Technology Inc.
John Banks
CEO and President
1-888-326-7764 or (604) 738-7015
(604) 738-7051 (FAX)
Email:

Copyright © Market Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Products

Toronto-based Environmental Technology Pioneer Green Earth Nano Science Expands in EU February 6th, 2015

DELSEY by Philippe Starck DELSEY Launches New Collection by Philippe Starck February 4th, 2015

NEI introduces NANOMYTE® SuperAi, a Durable Anti-ice Coating December 4th, 2014

Biosenta Inc. Updates New Household Disinfectant Testing Results; It Kills 100% of a Broad Range of Deadly Molds, Fungi, Bacteria, and Viruses, Including Ebola and Enterovirus D68 November 20th, 2014

Investments/IPO's/Splits

Arrowhead to Present at 2015 RBC Capital Markets' Global Healthcare Conference February 17th, 2015

Iran 1st among Islamic Nations in Scientific Production, Nanotechnology February 16th, 2015

Harris & Harris Group Portfolio Company D-Wave Systems Raises an Additional $29 Million (CAD), Closing 2014 Financing at $62 Million (CAD) February 2nd, 2015

Malaysian Nanotechnology Company Nanopac Innovation Ltd. lists on the NSX January 19th, 2015

Announcements

Scientific breakthrough in rechargeable batteries: Researchers from Singapore and Québec Team Up to Develop Next-Generation Materials to Power Electronic Devices and Electric Vehicles February 28th, 2015

First detailed microscopy evidence of bacteria at the lower size limit of life: Berkeley Lab research provides comprehensive description of ultra-small bacteria February 28th, 2015

Leti to Offer Updates on Silicon Photonics Successes at OFC in LA February 27th, 2015

Moving molecule writes letters: Caging of molecules allows investigation of equilibrium thermodynamics February 27th, 2015

Appointments/Promotions/New hires/Resignations/Deaths

KIT Increases Commitment in Asia: DAAD Funds Two New Projects: Strategic Partnerships with Chinese Universities and Communi-cation Technologies Network February 22nd, 2015

SouthWest Nanotechnologies CEO Dave Arthur Appointed to the Board of Affiliates of Rice University Professional Science Master’s Program February 13th, 2015

Nexeon Board Changes Announced January 29th, 2015

Rice's Naomi Halas to direct Smalley Institute: Optics pioneer will lead Rice's multidisciplinary science institute January 15th, 2015

Alliances/Partnerships/Distributorships

National Space Society and Space Frontier Foundation announce the formation of the Alliance for Space Development February 25th, 2015

European roadmap for graphene science and technology published February 25th, 2015

Silicon Catalyst Announces Partnership With imec to Support Semiconductor Start-Ups February 23rd, 2015

KIT Increases Commitment in Asia: DAAD Funds Two New Projects: Strategic Partnerships with Chinese Universities and Communi-cation Technologies Network February 22nd, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE