CORAL SPRINGS, Florida, April 29, 2014 /PRNewswire/ --
Marijuana & Hemp Sector updates for Cannabis companies announcing project plans as industry grows: Discovery Minerals LTD. (OTC: DSCR), Extreme Biodiesel, Inc. (OTC: XTRM), Hemp, Inc. (OTC: HEMP), Next Generation Energy Corp. (OTC: NGMC), Creative Edge Nutrition, Inc. (OTC: FITX) and AvWorks Aviation Corp. (OTC: SPLI)
Discovery Minerals LTD. (OTC Pink: DSCR) is pleased to announce that its Joint Venture (JV) with Syngar Technologies is to be extended an exclusive North American license with Cellunol Inc. The Agreement allows the JV use of Cellunol's pre-treatment Bio-Fuel fermentation technology for all Hemp Sector applications. Cellunol Inc. was formed as a Joint Venture between ANW Inc. of South Africa and Syngar Technologies. ANW's proprietary fermentation tank design and cellulosic pre treatment technology, Oxy-Hydro Fragmentation, when coupled with Syngar's technology, known as PLUSWave, solves one of the major issues in ethanol production from cellulose. This solutions result is an industry first, low cost cellulose pre treatment and fermentation system that is portable. The system is set up directly on the growing site or near the cellulose collection point and works similar to a grain elevator.
To read the full DSCR press release, please visit: http://www.fnmprofiles.com/profiles-dscr.html
Discovery's Joint Venture will be the first company to evaluate this ground breaking system through their Industrial Hemp JV growing partners. This new system has the ability to process any unused hemp material in one continuous procedure from pre-treatment to sugar to ethanol. The systems efficiencies will result in significantly reduced up front capital costs and lower operational expenses while enhancing ethanol yields and net revenue.
Extreme Biodiesel, Inc. (OTC: XTRM) recently announced a corporate update. Extreme Biodiesel Inc. is proud to announce the formation of a new wholly owned subsidiary, Extreme Biodegradable Products Inc. Extreme Biodegradable Products Inc. will be handling all of the sales and promotions for the Sunburst Biofuels and Extreme Biodiesel Joint Venture. Sunburst Biofuels will be responsible for all the manufacturing of the new products being made in their 9,000 foot location, in San Bernardino. Some of Extreme's equipment, which was moved out of their Corona location, has already been relocated to Sunburst Biofuels plant. The new ester or glycerin based products can be extremely profitable, and common uses are concrete form release and primary slide release, used on asphalt and concrete trucks prior to material loading.
Hemp, Inc. (OTC Pink: HEMP) subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC), recently announced the average trading volume of the companies they have signed consultant agreements with. During the first quarter of 2014, the companies, collectively, showed an increases of two times (2x) its trading volume and an average share price gain of three hundred percent (300%). The consulting agreements between IHMMCC and the companies, collectively known as "Hemp, Inc.'s Constellation of Companies", have benefitted from the Network association. While "Hemp, Inc.'s Constellation of Companies" have diverse yet common interest in the Industrial Hemp and Medical Marijuana industries, the vantage point is the synergy amongst these companies. Not only are their products and services recognized, actual orders have been generated.
Next Generation Energy Corp. (OTCQB: NGMC) wholly owned subsidiary, NextGen Cannabis Consulting, LLC, recently announced that it has executed a lease for a new medical marijuana dispensary in Hollywood, California. Darryl Reed, CEO of NGMC, said the dispensary should be open to patients by June 1, 2014. "We will continue to seek out additional locations as part of our aggressive strategy to open multiple dispensaries in Southern California," Mr. Reed said. "The opening of this new dispensary will allow NGMC to implement our Dispensary Manage System (DMS), which we have spent a great deal of time and effort planning. This includes a full suite of cannabis management software that provides seed to sale inventory control, point of sale and financial reporting. Our systems will meet or exceed current California rules and regulations. NGMC will also implement a state of the art audio/video security system and 24 hour monitoring," Mr. Reed said.
Creative Edge Nutrition, Inc. (OTC Pink: FITX) recently announced the appointment of Dr. David L. Felten, M.D., Ph. D., to its Board of Directors. "On behalf of the Creative Edge Nutrition board of directors & our management team, I would like to proudly introduce and welcome Dr. David Felten to the Creative Edge Nutrition Family," stated Bill Chaaban, President & CEO. "We believe Dr. Felten's in-depth approach to creating specialized treatments in integrative medicine coupled with his extensive medical and board experience, fits directly in line with our company growth plans. I believe his role is pivotal in our continued efforts to create the infrastructure that not only sets industry standards to a new level, but also demands it for patients & patient-outcomes through his involvement in strategic planning on behalf of responsible medicine."
AvWorks Aviation Corp. (OTCQB: SPLI) announced recently that it had received approval from FINRA for a change of its name and symbol effective with the OTC market open on Tuesday, April 29, 2014. The Company will be listed as "Vapor Group, Inc." with a new trading symbol of "VPOR." Vapor Group's President and CEO, Dror Svorai said, "This name and symbol change is very exciting for us since it completes our merger of January 22. We had already made this name change in our home state of Florida in January, and have been waiting for its processing by the OTC market. We are delighted to have this finalized and to have the new symbol, 'VPOR'." These changes now make it possible for our investors to clearly relate to the Company as a vapor company, so that they can be confident that they are investing in the right company, the category leader in vaping products.
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