Latest Ecoblu Prods Inc (ECOB) Headlines Eco
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Eco Building Products Enters Into Material Definitive Financing Agreements
PR Newswire - Mon Mar 03, 6:00AM CST
Eco Building Products, Inc., (OTCQB: ECOB) announced that on February 14, 2014 the Company has entered into a Loan Agreement (the "Loan Agreement") with an institutional investor (the "Lender") providing for a loan (the "Loan") in an aggregate principal amount of $500,000 (the "Purchase Price"). In connection with the Loan Agreement, the Company issued a Secured Promissory Note (the "Secured Note") in exchange for the Purchase Price. The Secured Note has an interest rate per day equal to 0.1% and a maturity date of May 14, 2014. The Company has the option to prepay all or any portion of the Purchase Price; however, the prepayment amount must be in an amount not less than $25,000. Pursuant to the Loan Agreement, the Company has agreed to direct The Home Depot, Inc. to make payment of all amounts due under current purchase orders directly to the Lender. In the event the Secured Note is not repaid on the Maturity Date, then the Lender, in its sole discretion, may exchange the Secured Note for a 10% Senior Secured Convertible Debenture (the "Convertible Debenture"). The Convertible Debenture is due on demand, has an interest rate of 10% per annum and the Lender has the right to convert the Debenture in shares of the Company's common stock, par value $0.001 per share (the "Common Stock") at any time at a conversion price equal to 50% of the lowest trading price of the Company lowest trading price of the Common Stock quoted by Bloomberg L.P. for the 20 trading days immediately preceding the applicable conversion notice (the "Debenture Conversion Price"). The Debenture Conversion Price is subject to adjustment in the case of stock splits, stock dividends, combinations of shares and similar recapitalization transactions and any issuances of securities below the Debenture Conversion Price. The Company also granted the Lender a security interest in certain Company assets to secure the repayment of the Secured Note under a Security Agreement that was executed in connection with the Loan Agreement.
Eco Red Shield Lumber Is Shipping Around The Country In The West While The East Is Frozen Under
PR Newswire - Tue Feb 18, 6:00AM CST
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company's manufacturing facilities in Salem, OR and in Colton, CA have opened the new year fulfilling large coating orders for Shelter Products Inc. located in Portland, Oregon. Eco's facility in the Pacific Northwest has loaded railcars of protected lumber for multi-family housing projects in Denver, Colorado. More recently, a residential builder from Omaha, Nebraska believes that building his first spec home of the year with this value-added lumber is worth the cost of the increased freight as evidenced by his purchase of Eco Red Shield lumber, including the roof and floor trusses and truckloads which started rolling his way last week. Also of importance, ECOB's Colton, CA facility has been busy producing coated lumber for a manufacturer of finished goods, which have been heading into Mexico for the last few months. In short, the first month of the year has started out fairly busy in the West while the East is still frozen with expectations of a huge spring run in and around the Sandy Rebuild due to our recent 104 store expansion with our big box retailer, supported by ECOB's New Jersey facility. This increase in production for the Company supports the theory that a paradigm shift away from unprotected lumber products is now underway.
Questcor Announces Quarterly Cash Dividend
PR Newswire - Fri Feb 14, 5:30AM CST
Questcor Pharmaceuticals, Inc. (Nasdaq: QCOR) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share ($1.20 per share on an annual basis). The dividend will be paid on or about April 25, 2014 to shareholders of record at the close of business on April 18, 2014.
CEO Steve Conboy of Eco Building Products, Inc. PART-2 Interview RECAP on Clear Channel's "The Traders Network" DFW 1190AM
Marketwire - Wed Feb 12, 10:10AM CST
Eco Building Products, Inc. (OTCQB: ECOB) a leading manufacturer and supplier of treated and eco friendly lumber products, today announced CEO Steve Conboy was interviewed on Clear Channel's Dallas Ft. Worth DFW 1190AM business talk radio show "The Traders Network" hosted by Michael Yorba. Eco Building Products brings advanced framing lumber to residential homes by way of Eco Red Shield protected lumber, as the first company to provide cost-effective treated wood residential construction products that protect against fire, mold/mycotoxins, fungus, rot-decay and wood eating insects.
Fusion-io Optimizes Virtualization with Flexible Flash Solutions to Accelerate VDI, Virtual Machines and Hybrid Flash Appliances
PR Newswire - Tue Feb 11, 10:30AM CST
[VMware Partner Exchange trade show booth 409] - Fusion-io (NYSE: FIO) today announced comprehensive updates to its full portfolio of flash-fueled virtualization solutions based on Fusion ioMemory. In addition to this week's announcement of the general availability of Fusion ioVDI software for virtual desktop infrastructure (VDI) acceleration, Fusion-io has also introduced updates to the Fusion ioTurbine virtualization caching software, a new VMware Reference Architecture for the Fusion ioControl hybrid flash array, and certification support for the VMware Virtual SAN.
Oramed Announces Successful FDA Phase 2a Clinical Trial Results
PR Newswire - Thu Jan 30, 3:00AM CST
Oramed Pharmaceuticals Inc. (NASDAQCM: ORMP), a developer of oral drug delivery systems, announced today results from its Phase 2a clinical trial for its ORMD-0801 oral insulin capsule for the treatment of type 2 diabetes. The trial was conducted under a United States Food and Drug Administration (FDA) IND (Investigational New Drug) protocol. The Phase 2a study met all primary and secondary endpoints.
Caliber Home Loans Announces Territory Expansion
PR Newswire - Tue Jan 28, 7:00AM CST
Caliber Home Loans, Inc., ("Caliber") a leading residential mortgage origination and servicing company, announced today a territory expansion for Lee Cove. In addition to his current responsibilities as Divisional Vice President for the Southeast Region of the United States, Lee will also now oversee Louisiana and Texas. This new assignment has been made in response to the company's continued growth and to support future expansion.
NeatCloud® Boosts User Productivity with Expanded Document Classification and Parsing Capabilities
PR Newswire - Tue Jan 07, 9:00AM CST
Showstoppers @ CES 2014 -- Neat®, the leader in Digital Filing Systems for the small business and consumer markets, today announced expanded document classification and parsing capabilities for NeatCloud®. Combined with the newly-released NeatConnect®, the industry's first direct-to-cloud touchscreen scanner, these advancements will enhance what is already the most comprehensive and capable cloud-based Digital Filing System.
Regeneron Announces FDA Acceptance of EYLEA® (aflibercept) Injection Supplemental Biologics License Application for Review for Diabetic Macular Edema Indication
PR Newswire - Wed Dec 18, 6:30AM CST
Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that the U.S. Food and Drug Administration (FDA) has accepted for standard review the Company's supplemental Biologics License Application (sBLA) for EYLEA® (aflibercept) Injection for the treatment of Diabetic Macular Edema (DME). Under the Prescription Drug User Fee Act (PDUFA), the goal for a standard review of an sBLA is ten months from submission, for a target action date of August 18, 2014.
Eco Building Products, Inc. CEO Steve Conboy Interviewed on Clear Channel's "The Traders Network"
Marketwire - Mon Nov 18, 8:16AM CST
Eco Building Products, Inc. (OTCQB: ECOB) today announced CEO Steve Conboy was interviewed on Clear Channel's Dallas Ft. Worth DFW 1190AM business talk radio show "The Traders Network" hosted by Michael Yorba. The live interview revealed details on their new line of products being used in the Hurricane Sandy reconstruction and now being deployed to the Philippines in the wake of Typhoon Haiyan. Eco Building Products brings advanced framing lumber to residential homes by way of Eco Red Shield protected lumber, as the first company to provide cost-effective treated wood residential construction products that protect against fire, mold/mycotoxins, fungus, rot-decay and wood eating insects.
Eco Red Shield, Product of Choice to Build Custom Modular Homes in New Jersey Sandy Rebuild
PR Newswire - Thu Nov 14, 6:00AM CST
Eco Building Products, Inc., (OTCQB: ECOB), a manufacturer of treated wood products, announced today the supply of Eco Red Shield protected lumber for modular homes in the Hurricane Sandy rebuild. Bruce Goodstein, President of Statewide Custom Modular Homes, has ordered seven modular homes from his Virginia-based producer, Nationwide Homes, all of which are to be constructed out of Eco Red Shield protected lumber. Statewide Custom Modular Homes currently has under contract a total of seventy five homes with intentions to supply all of them utilizing Eco Red Shield Protection. With Mr. Goodstein being a leader in the modular homes industry in the state of New Jersey, he is among the first to embrace building defensively with Eco Red Shield protected lumber. As a seasoned professional and leader in the industry, his organization recognizes the need to innovate and invest in new technology for the betterment in the safety of homes.
Eco Building Products, Inc. CEO to Be Interviewed on Clear Channel DFW 1190AM
Marketwire - Wed Nov 13, 10:14AM CST
Eco Building Products, Inc. (OTCQB: ECOB), a manufacturer of cost-effective treated wood products that are protected against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites; today announced that CEO Steve Conboy will be interviewed live by Michael Yorba on Clear Channel Business Talk Radio's Traders Financial Network November 14th, 2013 at 2:15pm Central / 12:15pm PST / 3:15pm EST.
Eco Building Products Receives Purchase Order for 7 Truckloads of Lumber
PR Newswire - Wed Nov 13, 6:00AM CST
Eco Building Products, Inc., (OTCQB: ECOB) ("Eco"), a manufacturer of treated wood products, announced today that Shelter Products, Inc. has issued a purchase order for seven truckloads of lumber to receive Eco Red Shield coating services. The materials to receive coating service only (CSO) will be processed by Eco's coating facility in Salem, Oregon within the next one to two weeks. Upon completion of CSO, the coated Eco Red Shield lumber will be shipped via railcar to Houston, Texas for use in current multi-family construction projects throughout the region.
ECOB's Defensive Products Debut On New Jersey Discover's All New Talk Show, Jersey Rising
PR Newswire - Tue Nov 12, 6:00AM CST
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company is now in position to be the number one defensive building materials supplier in the New Jersey and New York rebuild with expanding production facilities. Being that ECOB has been actively involved in this rebuild from day one; Eco President & CEO Steve Conboy was recently featured on the all new talk show, Jersey Rising, which is now airing all across the state of New Jersey on Comcast. The purpose of the talk show is to bring awareness and support to the victims of Super Storm Sandy by addressing relevant issues and hardships faced in the rebuild. Talk Show times and dates for the month of November can be found by visiting the following link: http://www.njdiscover.com/wp1/2013/11/jersey-...-november/
Eco Building Products Unveils New Product With Visions Paint Recycling
PR Newswire - Wed Nov 06, 6:00AM CST
Eco Building Products, Inc., (OTCQB: ECOB), a manufacturer of treated wood products, today announced the unveiling of Eco Armor - Defensive Paint. Eco Building Products has collaborated with the largest paint recycler in North America, Visions Paint Recycling, LLC, to bring this uniquely blended defensive paint to market, further enhancing the Company's existing family of defensive products. Eco Armor complements existing lumber protection by adding valuable UV and moisture protection. The added protection safeguards original American traditions - using one of our greatest commodities, lumber - already in existence on exterior lumber architectural details, while providing additional protection from termites, rot and fire. This proactive measure also further enhances our green movement by utilizing recycled consumer content that would have otherwise ended up in our landfills or sewers.
Eco Red Shield(TM) - The Product Of Choice By Another Production Home Builder
PR Newswire - Wed Oct 23, 6:00AM CDT
Eco Building Products, Inc. (OTCQB: ECOB) announced today the Company has been notified that the Wells Eason development in West Lancaster, California is now ready to proceed with construction of three model homes for the Desert Crest Project in West Lancaster, CA. The project is currently underway with concrete being poured now for the first three [model] homes, with forty-one (41) additional production units to follow shortly thereafter. Desert Crest is a unique project consisting of two phases, all of which will be supplied by ECOB through a distribution partner in Southern California. "If sales are good, the developer is hoping to add twenty-two (22) additional homes ranging from 2,100 to 2,700 square feet with a targeted sales price from the mid $300,000s, with expectations to sell out the first phase within six to eight months," cited Andrew J. Johnson Jr. of Prudential Troth Realtors AJ4homes.com.
Eco Red Shield protected lumber now being sold in New York and New Jersey for the rebuild from Super Storm Sandy
M2 - Fri Oct 18, 1:47AM CDT
Eco Building Products, Inc., (OTCQB: ECOB), a manufacturer of treated wood products, today announced that the Company's New Jersey facility is now in full production coating lumber currently running shifts twenty-four hours a day to meet demand. The Home Depot locations throughout the New York tri-state area are showcasing Eco Red Shield lumber products stocking units (SKUs) on their shelves and working closely with contractors and homeowners looking for a better alternative than raw lumber to rebuild homes and buildings affected by Hurricane Sandy.
Eco Red Shield(TM) Protected Lumber Now Being Sold In New York And New Jersey For The Rebuild From Super Storm Sandy
PR Newswire - Wed Oct 16, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB), a manufacturer of treated wood products, today announced that the Company's New Jersey facility is now in full production coating lumber currently running shifts twenty-four hours a day to meet demand. The Home Depot locations throughout the New York tri-state area are showcasing Eco Red Shield lumber products stocking units (SKUs) on their shelves and working closely with contractors and homeowners looking for a better alternative than raw lumber to rebuild homes and buildings affected by Hurricane Sandy.
Eco Building Products Open The Door For Business In Australia
PR Newswire - Tue Sep 17, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company will see its products potentially on the shelf of DIY retail stores across Australia before the end of the year as made possible by ECOB's Australian affiliate and sales agency, Eco Red Building Products Australia PTY LTD. The Australian summer is soon approaching, and many Australians are anticipating yet another scorching season threatening both their property and livelihood. Brushfires in Australia are frequently occurring events during the hotter months of the year due to Australia's natural hot and dry climate. As a result, every year large areas of land are ravaged by brushfires, resulting in extensive property damage and loss of life. It is for this purpose and other channel opportunities that we have made the move to conduct business in this strategic region of the world.
Eco Building Products Ships Another Defensive House To The Sandy Rebuild
PR Newswire - Fri Sep 13, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today the Company has shipped another one of the Company's hallmark whole-house packs into the Sandy rebuild scheduled to arrive next Wednesday in Point Pleasant Beach, New Jersey. ECOB sold this pre-cut house complete with roof and floor trusses to Julie Kellner, a victim who lost her home during last year's historical super storm Sandy. The timing of this whole-house pack release comes on the heels of the Company opening the doors to full-scale production at ECOB's newest Eco Red Shield coating facility located in Fair Lawn, New Jersey.