Biostar Pharmaceuticals, Inc. (Nasdaq:BSPM) announced that the management team of Biostar, including Mr. Wang Ronghua, Chief Executive Officer and Chairman of the Board of Directors, Ms. Ally Gong, Secretary to the Board and Mr. Zack Pan, Chief Financial Officer, will attend Rodman & Renshaw Annual Global Investment Conference on September 11-13, 2011 at The Waldorf=Astoria, New York, United States of America.
Biostar Pharmaceuticals, Inc. develops, manufactures, and markets over-the-counter (OTC) and prescription pharmaceutical products, and health supplement products for various diseases and conditions in the People’s Republic of China.
Cleantech Transit, Inc. (CLNO)
Biofuel is a product of the organic material. Instead, Biomass refers to the organic matter which can be used as a renewable energy source in a number of different ways. Biomass is as a renewable energy source, it is by means good for the environment and the fight against climate change.
In order to produce energy from Biomass, the organic matter must be burnt in some way. This releases carbon dioxide into the air, unlike the use of solar, wind, and other renewable energy sources.
Although the processing of Biomass emits carbon dioxide, it is classed as a carbon neutral fuel. The reason behind this is due to the carbon cycle. The carbon cycle means that while the crop grows it will absorb carbon dioxide, releasing it back into the atmosphere when burnt.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. 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 could benefit the Company’s manufacturing clients worldwide.
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
Beacon Power Corporation (Nasdaq:BCON) announced that it will present at the Rodman & Renshaw Annual Global Investment Conference on September 12, 2011 and at the Ardour Capital 9th Annual Energy Technology Conference on September 15, 2011, both in New York City. Bill Capp, Beacon president and CEO, will review the Company’s operations and growth strategy at 12:05 p.m. EDT at the Rodman & Renshaw Conference and at 4:30 p.m. EDT at the Ardour Conference.
Beacon Power Corporation, a development stage company, engages in the development and commercialization of flywheel energy storage systems to supply frequency regulation services to the electricity grid in North America.
Bluefly Inc. (Nasdaq:BFLY) announced it has raised approximately $6.5 million through the sale of newly issued common stock to further accelerate sales growth and improve long term operating performance by more fully capitalizing on the unique advantages and assets of bluefly.com.
Bluefly, Inc. operates as an Internet retailer. The company, through its e-commerce Web site, Bluefly.com, sells approximately 350 brands of men’s and women’s designer apparel, and accessories at discount prices in the United States.
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