Turning Pennies into dollars: (OTCBB: CABN), (OTCBB: USSUE), (OTC: GLCC), (OTC: ERUC),
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CARBON SCIENCES INCORPORATED (OTCBB: CABN)
Carbon Sciences, Inc. focuses on developing GreenCarbon technology to convert carbon dioxide into a form that would not contribute to global warming. Its GreenCarbon technology is targeted at coal-fired electrical power plants and fuel production plants. The company was founded in 2006 as Zingerang, Inc. and changed its name to Carbon Sciences, Inc. in April 2007. Carbon Sciences, Inc. is based in Santa Barbara, California.
CABN News:
May 28 - Carbon Sciences Files International Patent
Company Seeks Worldwide Protection for Its Innovative CO2 Transformation Technology
Carbon Sciences, Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products, has recently deposited an international PCT patent application pursuant to last year's filing of United States patent application 11/749,741 with the US Patent Office. The international application is related to the Company's innovative method for carbon dioxide transformation and sequestration.
As indicated by Wesley B. Ames, patent agent from the firm Ames IP Law, "This PCT application has been filed so as to protect the various highly innovative technologies being developed by Carbon Sciences, Inc. concerning carbon dioxide transformation."
This international PCT application should be published by the end of November 2008. The Company looks forward to proceeding with the national phase entries in various countries by November 2009 in order to protect its technologies in countries with important mining industries.
"We are particularly proud of the fact that the technologies we are developing will have international impact," indicated Derek McLeish, Carbon Sciences CEO. "As we continue to develop our intellectual property portfolio, we are also exploring relationships with potential strategic partners to enable worldwide transformation of carbon dioxide."
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USA SUPERIOR ENERGY (OTCBB: USSUE)
USA Superior Energy Holdings, Inc., a development stage company, operates in the energy industry in the United States. The company, through its wholly owned subsidiary, USA Superior Energy, Inc., engages in the development, ownership, and operation of prospects and energy projects in East and Southeast Texas. It also focuses on using nitrogen technology to recharge and produce oil and gas from under-pressured partially depleted reservoirs. The company was founded in 2005 and is based in Houston, Texas.
USSUE News:
May 27 - USA Superior Anticipates Completion of First Quarter Certifications and Reviews by May 30, 2008
USA Superior Energy Holdings, Inc. (OTCBB: USSUE) (the "Company"), a Houston-based energy company focused on acquiring, owning, operating and applying enhanced oil recovery ("EOR") techniques to existing shallow fields of oil and gas that have been idle or marginally producing, reported today that the required certifications and independent registered public accounting firm's review of its consolidated financial statements included in its Quarterly Report on Form 10-Q for the three months ended March 31, 2008, will be completed this week. The Company expects to file an amended Quarterly Report on Form 10-Q for the three months ended March 31, 2008, which will include such certifications and review, by Friday, May 30, 2008 and substantially ahead of the OTCBB grace period deadline of June 20, 2008.
On May 20, 2008 the Company filed its Quarterly Report on Form 10-Q for the three months ended March 31, 2008. Because of the short time period between the filing of the year end Annual Report on Form 10-K on May 16, 2008 and the filing of the first quarter 10-Q on May 20, 2008, neither the Company nor its independent registered public accounting firm had sufficient time between filings to complete all of the necessary review procedures before the extended filing deadline of May 20, 2008 for the Quarterly Report. The Company's consolidated financial statements included in this filing had not been reviewed by its independent registered public accounting firm in accordance with professional standards for conducting such reviews nor did the Quarterly Report include the required 302 and 906 Certifications under the Sarbanes-Oxley Act.
The Company's stock symbol will retain the "E" designation until such time as the OTCBB can review the amended filing to determine the Company's compliance with all reporting requirements. The Company expects to be able to satisfy all such requirements upon the filing of the amended Quarterly Report on Form 10-Q/A for the three months ended March 31, 2008 and anticipates making such filing no later than Friday, May 30, 2008.
It is recommended that interested parties consult the Form 10-Q and Form 10-K reports for additional information on the Company's operating results and financial condition. For more information, visit www.usa-superior.com.
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GOOD LIFE CHINA CORPORATION (OTC: GLCC)
Good Life China Corporation operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward. The Company's North American operations comprise a number of online sub prime financial services, including; the Money Lending Business.com; Forex Trading; and Advanced Electronic Funds Management.
GLCC News:
May 28 - Good Life China Corp. Obtains Current Information Status with PINKSHEETS.COM
Goodlife China Corp. (OTC: GLCC) announced that the Company has met the necessary disclosure criterion, receiving a "CURRENT INFORMATION" status with PINKSHEETS.COM.
Garr Winters, GLCC Secretary, stated, "We had hoped to achieve this level by the end of 2007 followed by becoming a reporting issuer with SEC, and moving on to a different exchange. We continue to maintain these aspirations. After a number of months, PINKSHEETS.COM allocated the highest possible level of transparence available to GLCC. We believe this will help further the Company's creditability throughout the domestic and International investment communities. This 'CURRENT INFORMATION' tier quoted status will help the Company attract new investors, new vendors and others who can now, with ease, complete due diligence on Good Life China.
Dong Mai Jia added, "GLCC recently paid out two separate dividend tranches as dividend and as RESTRICTED stock. It has also come to our attention that the 1st tranche has possibly made their way through the system and booked as free trading shares by some broker dealers. We are also hearing that some of the retail dividend recipients may have already sold their positions which may have contributed to our recent massive and rapid share price decline. Our IR tells us that that they have received quite a few inquiries from the designated recipients of the 2nd tranche who claim that they have yet still to receive their dividends. All of these shareholders have purchased their stock on the street, making it virtually impossible for the company to manage the process. We have requested from our corporate IR team, and advisors to follow up on all of this and we will act accordingly".
On the business front, Good life is pleased to report that 8 additional new stores were launched this week. 6 are in Cangzhou, one is in Beijing, and one is in Shijiazhuang. 2 new suppliers with audited on line transactions of (Yuan)1,122,300. The sum of distribution is (Yuan)785,600. The income of member attestation is (Yuan)16,000. The income of distribution is (Yuan)33,000. All sums are reported in Chinese Yuan and converted into USD on GLCC statements and filings.
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ER URGENT CARE HOLDINGS (OTC: ERUC)
ER Urgent Care Holdings, Inc. operates emergency care centers that offer after-hours health care in Florida and Kansas. It provides healthcare services for children, adults, and seniors, as well as offers employee injury, illness, and general healthcare programs. The company also offers physical examination services; occupational urgent care services, such as work-related injuries, sprains/fractures, and lacerations; and occupational healthcare services, including drug screening NIDA/NON-NIDA, breath alcohol testing, spirometry, audiometry, PPD Test, Immunization/HEP B series, and flu shots. It also offers other related services, such as X-Ray, limited laboratory, and limited pharmacy services. The company was founded in 2000 and is based in North Miami Beach, Florida.
ERUC News:
May 29 - ER Urgent Care Centers Initiates Stock Buy Back Plan
The Board of Directors, Officers and Shareholders of ER Urgent Care Centers (OTC: ERUC) will be buying back ERUC shares in the open market effective immediately, as of the open of trading day on Thursday, May 29, 2008. The amount of shares to be purchased will be determined and disclosed by the end of this week. This process will be ongoing, to show support of the many shareholders of ERUC.
Mark Solomon, Esq., ERUC President, said at a recent Board of Directors meeting, "This decision has been made to show our commitment to increase shareholder value as well as shareholder confidence in this company. We truly appreciate and would like to thank our current and future shareholders."
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