Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Abalonyx launches Reduced Graphene Oxide Product: Abalonyx has successfully scaled up production of thermally reduced graphene oxide (rGO) in its Tofte, Norway, production facility. This product is now offered to customers in Kg-quantities May 10th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 14th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 10th, 2016

Investments/IPO's/Splits

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

Announcements

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

Forces of nature: Interview with microscopy innovators Gerd Binnig and Christoph Gerber August 26th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

Appointments/Promotions/New hires/Resignations/Deaths

Dr Barbara Armbruster joins XEI Scientific as Marketing Director June 1st, 2016

Park Systems Global Expansion in AFM Market Includes Appointment of New Executives April 23rd, 2016

GLOBALFOUNDRIES Adds Alain Mutricy as Head of Product Management Group March 3rd, 2016

George Clark Named Chief Financial Officer and Associate Laboratory Director for Business Services at Brookhaven Lab February 24th, 2016

Alliances/Trade associations/Partnerships/Distributorships

Thomas Swan and NGI announce unique partnership July 28th, 2016

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

XEI Scientific Partners with Electron Microscopy Sciences to Promote and Sell its Products in North and South America July 25th, 2016

Leti and Korea Institute of Science and Technology to Explore Collaboration on Advanced Technologies for Digital Era July 14th, 2016

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







Car Brands
Buy website traffic