(DELL, CLNO, ORFG, CMCSA, LVLT) Stocks Report by BestOtc.com
Dell Inc. (Nasdaq:DELL) at its Dell Storage Forum customer and partner event, Dell announced new solutions built on its Fluid Data Architecture to optimize cost, performance and protection as storage scales with a growing organization. New solutions include its first unified Dell EqualLogic platform, updated Dell EqualLogic software capabilities, a Dell Compellent demonstration of 16Gbps Fibre Channel, and the introduction of Fibre Channel on its PowerVault product line. These solutions represent a milestone in Dell’s vision for a Fluid Data Architecture designed to help customers efficiently and flexibly manage data. Dell is uniquely unencumbered by legacy storage technologies and rigid philosophies that do not support customer needs in the Virtual Era.
Dell Inc. provides integrated technology solutions in the information technology (IT) industry worldwide.
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Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value.
Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company’s manufacturing clients worldwide.
Biomass is solar energy stored in organic matter. As trees and plants grow, the process of photosynthesis uses energy from the sun to convert carbon dioxide into carbohydrates (sugars, starches and cellulose). Carbohydrates are the organic compounds that make up biomass. When plants die, the process of decay releases the energy stored in carbohydrates and discharges carbon dioxide back into the atmosphere. Biomass is a renewable energy source because the growth of new plants and trees replenishes the supply.
Cleantech Transit Inc. is pleased to provide additional details after achieving success on the 500 KW facility and successfully moving past the interconnection testing stage.
Coming on the recent success at the 500KW facility in Merced, California this poises Phoenix Energy to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy.
Currently there are two additional projects being pre-certified by Phoenix Energy in California. The projects are each projected to be 1 MW biomass gasification facilities that will provide both electricity and process heat energy. Each facility will provide enough electricity to power approximately 800 homes as well as process heat to be used in drying agricultural products. The projects are expected to complete by the end of 2012.
Cleantech will be providing details on the expecting closing date of its initial investment into Phoenix Energy in the coming weeks.
For more information about Cleantech Transit Inc. visit their website: www.cleantechtransitinc.com
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Orofino Gold Corp. (ORFG)
President Ary Pernett and Vice President of Development Alfonso Calderon of Orofino Gold Corp. (ORFG) hosted investors interested in a firsthand look at the company’s Senderos de Oro projects. These visits come as investors consider the financial commitments necessary to fund exploration and provide modern mining techniques and equipment to the area.
The group spent four days in Colombia during which they had an opportunity to tour Orofino’s active mine sites at La Azul, Culo Alzado, and Buena Sena. The visit offered investors an opportunity to observe current artisanal gold production, and an in-person view of Colombia’s revitalized foreign investment opportunities and stability. Following this site visit, Orofino’s directors and investors are expected to prepare for the company’s future funding and development needs as it continues to expand exploration at Senderos de Oro.
Gold is also a good conductor of heat and electricity and is not affected by air and most reagents (only silver and copper are better electrical conductors). It is quite chemically unalterable by heat, moisture, oxygen, and most corrosive agents and therefore is well-suited for its use in coin and jewelry. Halogens chemically attack gold and aqua regia dissolves it.
Orofino Gold’s corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise.
For more information about Orofino Gold Corp., please visit their website: http://www.orofinogold.com
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Comcast Corporation (Nasdaq:CMCSA) announced it has expanded its new home security business into six additional U.S. market areas. Xfinity Home Security offers traditional home security components, like police and fire alarm protection backed by 24/7 professional monitoring, as well as the ability to adjust digital thermostats, turn lights on or off and watch secure live streaming video from wireless cameras while away from home. The service also comes with a new Xfinity Security app, which is available for free on Apple’s iTunes App StoreĀ®.
Comcast Corporation, together with its subsidiaries, provides consumer entertainment, information, and communication products and services to the residential and commercial customers in the United States.
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Level 3 Communications Inc. (Nasdaq:LVLT) announced that Level 3 Escrow, Inc., its newly formed, indirect, wholly owned subsidiary, has completed its previously announced offering of $600 million aggregate principal amount of its 8.125% Senior Notes due 2019 in a private offering to “qualified institutional buyers,” as defined in Rule 144A under the Securities Act of 1933, as amended, and non-U.S. persons outside the United States under Regulation S under the Securities Act of 1933. The notes will mature on July 1, 2019.
Level 3 Communications, Inc. engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services.
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