Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > News > Nano Firm Makes Reverse Merger

June 3rd, 2007

Nano Firm Makes Reverse Merger

Abstract:
Verutek Technologies cleans soil. StreamScape Minerals was supposed to dig valuable minerals out of it. But the two didn't come together over their connection to the land.

No, when Glastonbury-based Verutek last month acquired StreamScape, it was digging for something far more valuable than rights to eight unproven Canadian mineral mines: access to the publicly traded market.

StreamScape, a Nevada corporation formed to explore mine holding in British Columbia, had been traded on the Over The Counter Bulletin Board, the so-called "penny stock" market owned by Nasdaq, since 2004. It never turned a profit, but it was publicly traded.

Of course, Verutek has never made a profit either. Filings show the 14-person firm has lost $4.2 million since February 2006. But its co-founders, John Collins and George Hoag, believe they have revolutionary technologies that have a major impact on the ground remediation industry.

Source:
hartfordbusiness.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

Arrowhead Issues Open Letter to Shareholders October 9th, 2014

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

Aspen Aerogels, Inc. to Present at Barclays CEO Energy-Power Conference August 27th, 2014

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals

Detecting Cancer Earlier is Goal of Rutgers-Developed Medical Imaging Technology: Rare earth nanocrystals and infrared light can reveal small cancerous tumors and cardiovascular lesions October 21st, 2014

Nitrogen Doped Graphene Characterized by Iranian, Russian, German Scientists October 21st, 2014

Physicists build reversible laser tractor beam October 20th, 2014

Removal of Limitations of Composites at Superheat Temperatures October 20th, 2014

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 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE