Latest Cdsi Holdings Inc (SGBX) Headlines SG Bl
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SG Blocks, Inc. Welcomes Two New Directors to Its Board
GlobeNewswire - Mon Feb 10, 10:07AM CST
SG Blocks, Inc. (SG Blocks or the "Company") (OTCQB:SGBX), a developer and producer of innovative construction solutions utilizing code-engineered cargo shipping containers, today announced the addition of Messrs. Marc Bell and Frank Casano to its Board of Directors. Mr. Bell has served as Vice President, Secretary and General Counsel of Vector Group Ltd. (NYSE:VGR) since 1994. Mr. Casano has been the Principal and Executive Vice President of Air City International Forwarding Group, a cargo transportation entity, for the past 30 years.
SG Blocks to Build Container Based Midrise Building in Syracuse, NY With Upscale Apartments and Retail
GlobeNewswire - Wed Jan 22, 7:30AM CST
SG Blocks, Inc. (SG Blocks or the "Company") (OTCQB:SGBX), a developer and producer of innovative construction solutions utilizing code-engineered cargo shipping containers, has executed a contract with developers Christopher Geiger and Scott Smith for the first repurposed shipping container midrise building to be built in Central NY. The ground floor, anchored by covered parking, will contain commercial space with 36 upscale one-bedroom apartments on the upper four floors. SG Blocks will provide engineering services, logistics and 115 modified containers to be erected and finished out on site by a local contractor.
SG Blocks to Offer Product Lease Financing to Qualified Clients
GlobeNewswire - Thu Jan 09, 7:30AM CST
SG Blocks, Inc. (SG Blocks or the "Company") (OTCQB:SGBX), a developer and producer of innovative construction solutions utilizing code-engineered cargo shipping containers, has established a relationship with Monarch Capital Corporation ("Monarch") to provide a lease financing alternative to qualified clients in order to facilitate the financing of SG Blocks product offerings. In business for over 25 years, Monarch has extensive experience in the leasing and financing of capital equipment primarily to middle market companies.
SG Blocks Invited to Present in Opening Session of International Council of Shopping Centers (ICSC)'s Retail Green Conference
GlobeNewswire - Wed Nov 13, 12:30PM CST
SG Blocks, Inc. (SG Blocks or the "Company") (OTCQB:SGBX), a developer and producer of innovative construction solutions utilizing code-engineered cargo shipping containers, has been invited by ICSC to participate in this year's Retail Green Conference, the premier retail sustainability real estate conference, being held in Phoenix, AZ on December 3. This event attracts some of the world's leading decision makers and sustainable industry leaders. SG Blocks' CEO, Paul Galvin, will be the lead off speaker for the opening session "Innovation 2013". Mr. Galvin will be discussing new ideas and processes that are bringing smart, economically viable sustainability solutions to the retail construction forefront.
SG Blocks Helps Revitalize Historic South Street Seaport in New York City
GlobeNewswire - Wed Oct 30, 12:00PM CDT
SG Blocks, Inc. (SG Blocks or the "Company") (OTCQB:SGBX), a provider of innovative construction solutions utilizing code-engineered cargo shipping containers, has, in conjunction with Hunter Roberts Construction Group and Bayer MaterialScience LLC, completed a first of its kind installation at the South Street Seaport in New York City for the Howard Hughes Corporation's "See/Change" initiative. The sleek pop-up retail installation at Pier 17 features 11 insulated and wired SG Blocks with window openings and French doors. The Company worked with its vendors and the building crew on site to have the entire structure installed over a two-day period. Construction of the full installation totaled five weeks.
SG Blocks Portable Multi-Story Office Systems Used on U.S. Navy Aircraft Carriers in Dry Dock
GlobeNewswire - Tue Oct 15, 12:00PM CDT
SG Blocks, Inc. ("SG Blocks" or the "Company") (OTCQB:SGBX), a provider of innovative construction solutions utilizing code-engineered cargo shipping containers, has executed a $1,500,000 agreement with a U.S. Navy contractor for an additional delivery of the unique SG Blocks multistory hoteling system that it will lease to the U.S. Navy for use aboard aircraft carriers during dry dock. The multistory structures will be used by civilian contractors for office space and other purposes during ship maintenance and repairs and is expected to accelerate ship restoration time. Under this contract, SG Blocks anticipates delivering 25 new structures and refurbishing 7 SG Blocks structures delivered under prior orders. Since 2010, SG Blocks has delivered 46 similar structures to the same contractor for use by the U.S. Navy.
SG Blocks, Inc. Announces Capital Raise of $1 Million
GlobeNewswire - Wed Jan 02, 7:16AM CST
via PRWEB - SG Blocks, Inc. (the "Company") (OTCQB: SGBX), a New York based provider of code engineered cargo shipping containers modified for use in safe and green construction, today announced that on December 28, 2012, it completed the sale of $1,120,000 in 8% Original Issue Discount Senior Secured Convertible Debentures Due July 1, 2014, for a subscription amount of $1,000,000 in a private placement transaction, under the terms of a securities purchase agreement with Hillair Capital Investments L.P. pursuant to which the Company is seeking to raise up to $1,750,000. The Debentures are convertible into shares of the Company's common stock at an initial conversion price of $0.43 per share, which is subject to adjustment. In addition, the Company also issued a warrant to Hillair Capital Investments L.P to purchase 2,604,651 shares of the Company's common stock. The warrants have an exercise price of $0.4488 per share, subject to adjustment, and are exercisable for a term of five years. The warrants are exe