ECOB News Sunday, June 1, 2014 12:47:51 PM $ECOB
CEO Steve Conboy of Eco Building Products Inc, to Be Interviewed Live on ABC Radio -- The Amilya Show
Marketwire - Sat May 31, 7:22AM CDT
Eco Building Products, Inc. (OTCBB: ECOB) announced today that Chief Executive Officer (CEO) Steve Conboy will be interviewed live today by host Amilya Antonetti on ABC Talk Radio's "The Amilya Show." In this exclusive 20 minute one-on-one interview, Mr. Conboy will talk about the innovative business drivers behind Eco Building's recent rise and success and an in-depth look at how Eco Building is helping displaced residents of New Jersey and New York recover from Hurricane Sandy. In addition how Eco Building is creating American jobs with their waterproof, fireproof and termite proof treaded wood building products.
Eco Building Products Is Feeling The Wet Spring Run Along With Wildfire Heat
PR Newswire - Thu May 22, 6:00AM CDT
Eco Building Products, Inc. (OTCBB: ECOB) announced today the Company is experiencing an ever increasing operational tempo across the Country with orders shipping to Hawaii for Blazer Industries, and rail cars in support of multi-family projects in Colorado for Shelter Products. Additionally, both Southern California based ECOB facilities continues to produce lumber and truss packages intended for use on four custom residential projects heading into cities that burned last week, including Carlsbad and Fallbrook; with an additional 15 projects post-engineering, awaiting construction start dates.
John Paul Builders And Signature Factory Built Homes Team Up With Eco Building Products, Inc.
PR Newswire - Mon May 12, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that John Paul Builders and Signature Custom Homes order another Eco Red Shield home as they have chosen to lead the way in the Sandy Rebuild on the Jersey Shore, by building another defensive protected home. Signature Building Systems, an industry leading modular home manufacturer founded in 1992 by experts in systems-built housing, has built over 4,000 quality homes that provide exceptional value and savings to residential and commercial buyers. Today, featuring Eco Red Shield protected lumber, Signature Homes is considered to be an industry leader in custom designed, defensive, pre-site built homes.
ECOB Continues To Codify In Texas With Two More Multifamily Projects
PR Newswire - Mon May 05, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that one of the Company's busiest affiliate, Guthrie Lumber & Distribution located in Austin, Texas, is experiencing increased sales of Eco Red Shield protected lumber as evidenced by this past week's shipment of four truckloads into Dallas, and another multi-family project in Houston. All these orders are not coming in from regional lumber companies they are coming in from the largest lumber brokers in the US. Increased spring activity for the Company has empowered ECOB access to all parts of the country. Eco's facility in the northeast continues coating lumber in support of ongoing business with the Big Box, while the Company's Colton, CA based operation supports high-volume production for Jacuzzi amongst multiple custom and production oriented residential projects. The commonality in existence here is that each region is clearly in need of Eco Red Shield protected lumber as opposed to raw, unprotected lumber. Please visit the company blog for more in depth information http://www.ecob.net/index.php?p=blog
ECOB's Defensive Lumber May Get Put To The Test With Two Model Homes
PR Newswire - Fri May 02, 6:00AM CDT
Eco Building Products, Inc. (OTCBB: ECOB) announced today that the Wells Eason development in West Lancaster, California is now ready to proceed with construction of two more model homes for the Desert Crest Project located in West Lancaster, CA. The project is currently underway with concrete ready for framing material that ECOB will deliver on Monday May 5th, 2014 with forty-one (41) additional production units to follow depending on current sales.
Eco Building Products Codifies Change In The Sandy Rebuild
PR Newswire - Wed Apr 30, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company's vision in codifying change goes above and beyond the development and manufacturing of the world's premier lumber defense formulation, Eco Red Shield(TM). With sights set on raising the bar on many facets of construction including lateral strength in engineering, Team Eco will soon showcase the implementation of change in the Building Industry with two Eco Home(TM) models, one in Breezy Point, NY and the other on the Jersey Shore located in Sea Bright.
North, South, East And West; The Spring Run Is Showing Up For Eco
PR Newswire - Tue Apr 22, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that truckloads of raw lumber are hitting Eco facilities across the Country, while truckloads of Eco Red Shield(TM) protected lumber are rolling out, as the planned spring run in the Building Industry is really showing up this April. ECOB's Colton, CA facility received six truckloads and one rail car load of raw lumber for coating services in support of Jacuzzi's purchase orders. Down south in Augusta, GA, three truckloads are pulling into Eco's newest facility for Bridgewell Resources this week in support of a multi-family project. In the Pacific Northwest, Blazer Industries of Aumsville, Oregon shipped in another pre-fab order to Eco's Salem facility of which will be heading into Hawaii. Rounding out recent activity is Eco New Jersey receiving 6 - 48' truckloads of plywood in support of the Company's Big Box customer in that local market.
Proprietary Fire Inhibitor Now Made In America By ECOB
PR Newswire - Mon Apr 21, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company and its Affiliate network are busy producing high-quality, defensive, advanced framing red lumber all around the U.S., while ECOB's technical team led by Chief Technical Officer, Mark Vuozzo, dig deeper into controlling every aspect of the Company's quality control program by blending the final constituent of its Eco Red Shield formulation right here in the USA. It is our opinion that this is just another step in raising the bar even higher in our quality controls, achieving superior results in every step of our blending process, separating us from anyone trying to even get close to our combined formulation, for years. At Eco, we take our quality control program seriously no matter the size of the batch being produced. Furthermore, we take pride in producing everything that goes into our Intellectual Property right here in America, as it has been our goal since inception, that our red lumber will one day be recognized as the true American Brand of Lumber.
ECOB Featured This Spring In North America From Coast To Coast
PR Newswire - Mon Mar 31, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that HOSS Magazine will be featuring ECOB's Steve Conboy and Company in the May/June 2014 issue of Canada's HOSS Magazine - on newsstands May 5, 2014 www.HOSSMAGAZINE.com. ECOB President and CEO was contacted by Craig Charity about publishing an in-depth story about Eco's visionary approach of bringing new defensive building products to the market while at the same time reaching out to those affected by catastrophic events.
Eco Building Products Break Ground On The Most Defensive House In The Sandy Rebuild
PR Newswire - Fri Mar 28, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company is undertaking a long awaited project on the most defensive home ever built in the Northeast, featuring Eco Red ShieldTM protected lumber, roof and floor trusses in concert with Eco's full line of defensive products including Eco Disaster BreakTM coatings, Eco ArmorTM defensive paints and Eco TrimTM. The timing of this defensive rebuild previously stalled by a long winter and a string of bad weather only makes this project sweeter, further proving Eco Red Shield lumber can handle the harsh, wet, cold winter better than raw, unprotected lumber in any climate. This rebuild effort now underway is being led by ECOB President's son, Shaun Conboy, a master carpenter and framer, just like his Dad. Further support in this effort is bolstered by the fact that by next Tuesday, Eco Red Shield protected lumber will be on the shelf in America's leading big box Store in 47 locations in and around NY and NJ, with many more on the way throughout the next few weeks. Stay tuned to Eco's "Store Locator," which can be viewed by visiting www.ecob.net.
Eco Building Products Connects With First Customer In The South And Another Residential Builder In The Northeast
PR Newswire - Thu Mar 27, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) is excited to announce that today, the Company has shipped its first order in the South to Cobblestone Mill Woodworks, Inc. located in Ball Ground, Georgia. Cobblestone previously utilized wood treatment services from a Canadian supplier lacking sufficient quality control measures and technical support, resulting in a newly formed business relationship with ECOB. Additionally, the Company has cultivated a builder relationship in the Northeast by way of John Simmons and AGM for the use of Eco Red Shield protected lumber for an entire house package headed into Breezy Point, New York that starts framing on April 7, 2014. This Breezy Point builder received building plans specified with Eco Red Shield protected lumber which led to a complete special order purchase from The Home Depot and a follow-on call with ECOB CEO Steve Conboy, in which the builder stated, "He will never again build with raw lumber". AGM Principal, John Simmons, is preparing to release a second whole-house package to ECOB with another four more residential projects in the queue all of which will utilize ECOB's advanced framing lumber. Our team effort between the Company and like-minded builders represents the adoption of this technology via the display of defensive building practices in heavily saturated rebuilding regions including Breezy Point and the New Jersey Shore, where builders and contractors are looking to build with more than just raw, unprotected lumber.
Eco Building Products Expands Production Acquiring Multiple Coating Lines In Augusta, Georgia
PR Newswire - Wed Mar 26, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company has purchased additional automated coating equipment and the use of a facility currently operational in Augusta, Georgia. The newly acquired equipment is fully-functional and complete with automation, enabling the Company to obtain an increased output rate. In addition to the automated line, ECOB will refurbish an existing production line under the provisions of the Company's current quality control program, complete with pre and post-conditioning tunnels producing a higher quality finished product. Moreover, the increased production capacity will allow ECOB to reinforce its current market position in the Northeastern U.S. with respect to panel production to meet increasing big box demands.
Jacuzzi Selects Eco Building Products Protective Coatings And Paints
PR Newswire - Fri Mar 14, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that Jacuzzi®, one of the world's leading spa manufacturers, has agreed to move forward with Eco Building Products, Inc. as their manufacturing partner for the production of the protected lumber for export into Mexico. Jacuzzi is the name that defines the hot tub experience. Social and private, fun and relaxing, Jacuzzi completely satisfies and leaves you wanting more. Known for innovation, Jacuzzi is the company that started the modern hot tub industry. This California based creative company is always looking to lead the world in innovation and it was for this reason they have selected ECOB as the advance framing lumber technology for the fabrication of their skirt structures. The channel niche business opportunity supports great business for Eco's Colton facility and its strategic plans to support our Government when it comes to finding more export business with this new Eco Friendly Technology, as well as being good for Jacuzzi when it comes to building with this advanced framing lumber.
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.
CEO Steve Conboy of Eco Building Products Inc, to Be Interviewed Live on ABC Radio -- The Amilya Show
Marketwire - Sat May 31, 7:22AM CDT
Eco Building Products, Inc. (OTCBB: ECOB) announced today that Chief Executive Officer (CEO) Steve Conboy will be interviewed live today by host Amilya Antonetti on ABC Talk Radio's "The Amilya Show." In this exclusive 20 minute one-on-one interview, Mr. Conboy will talk about the innovative business drivers behind Eco Building's recent rise and success and an in-depth look at how Eco Building is helping displaced residents of New Jersey and New York recover from Hurricane Sandy. In addition how Eco Building is creating American jobs with their waterproof, fireproof and termite proof treaded wood building products.
Eco Building Products Is Feeling The Wet Spring Run Along With Wildfire Heat
PR Newswire - Thu May 22, 6:00AM CDT
Eco Building Products, Inc. (OTCBB: ECOB) announced today the Company is experiencing an ever increasing operational tempo across the Country with orders shipping to Hawaii for Blazer Industries, and rail cars in support of multi-family projects in Colorado for Shelter Products. Additionally, both Southern California based ECOB facilities continues to produce lumber and truss packages intended for use on four custom residential projects heading into cities that burned last week, including Carlsbad and Fallbrook; with an additional 15 projects post-engineering, awaiting construction start dates.
John Paul Builders And Signature Factory Built Homes Team Up With Eco Building Products, Inc.
PR Newswire - Mon May 12, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that John Paul Builders and Signature Custom Homes order another Eco Red Shield home as they have chosen to lead the way in the Sandy Rebuild on the Jersey Shore, by building another defensive protected home. Signature Building Systems, an industry leading modular home manufacturer founded in 1992 by experts in systems-built housing, has built over 4,000 quality homes that provide exceptional value and savings to residential and commercial buyers. Today, featuring Eco Red Shield protected lumber, Signature Homes is considered to be an industry leader in custom designed, defensive, pre-site built homes.
ECOB Continues To Codify In Texas With Two More Multifamily Projects
PR Newswire - Mon May 05, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that one of the Company's busiest affiliate, Guthrie Lumber & Distribution located in Austin, Texas, is experiencing increased sales of Eco Red Shield protected lumber as evidenced by this past week's shipment of four truckloads into Dallas, and another multi-family project in Houston. All these orders are not coming in from regional lumber companies they are coming in from the largest lumber brokers in the US. Increased spring activity for the Company has empowered ECOB access to all parts of the country. Eco's facility in the northeast continues coating lumber in support of ongoing business with the Big Box, while the Company's Colton, CA based operation supports high-volume production for Jacuzzi amongst multiple custom and production oriented residential projects. The commonality in existence here is that each region is clearly in need of Eco Red Shield protected lumber as opposed to raw, unprotected lumber. Please visit the company blog for more in depth information http://www.ecob.net/index.php?p=blog
ECOB's Defensive Lumber May Get Put To The Test With Two Model Homes
PR Newswire - Fri May 02, 6:00AM CDT
Eco Building Products, Inc. (OTCBB: ECOB) announced today that the Wells Eason development in West Lancaster, California is now ready to proceed with construction of two more model homes for the Desert Crest Project located in West Lancaster, CA. The project is currently underway with concrete ready for framing material that ECOB will deliver on Monday May 5th, 2014 with forty-one (41) additional production units to follow depending on current sales.
Eco Building Products Codifies Change In The Sandy Rebuild
PR Newswire - Wed Apr 30, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company's vision in codifying change goes above and beyond the development and manufacturing of the world's premier lumber defense formulation, Eco Red Shield(TM). With sights set on raising the bar on many facets of construction including lateral strength in engineering, Team Eco will soon showcase the implementation of change in the Building Industry with two Eco Home(TM) models, one in Breezy Point, NY and the other on the Jersey Shore located in Sea Bright.
North, South, East And West; The Spring Run Is Showing Up For Eco
PR Newswire - Tue Apr 22, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that truckloads of raw lumber are hitting Eco facilities across the Country, while truckloads of Eco Red Shield(TM) protected lumber are rolling out, as the planned spring run in the Building Industry is really showing up this April. ECOB's Colton, CA facility received six truckloads and one rail car load of raw lumber for coating services in support of Jacuzzi's purchase orders. Down south in Augusta, GA, three truckloads are pulling into Eco's newest facility for Bridgewell Resources this week in support of a multi-family project. In the Pacific Northwest, Blazer Industries of Aumsville, Oregon shipped in another pre-fab order to Eco's Salem facility of which will be heading into Hawaii. Rounding out recent activity is Eco New Jersey receiving 6 - 48' truckloads of plywood in support of the Company's Big Box customer in that local market.
Proprietary Fire Inhibitor Now Made In America By ECOB
PR Newswire - Mon Apr 21, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company and its Affiliate network are busy producing high-quality, defensive, advanced framing red lumber all around the U.S., while ECOB's technical team led by Chief Technical Officer, Mark Vuozzo, dig deeper into controlling every aspect of the Company's quality control program by blending the final constituent of its Eco Red Shield formulation right here in the USA. It is our opinion that this is just another step in raising the bar even higher in our quality controls, achieving superior results in every step of our blending process, separating us from anyone trying to even get close to our combined formulation, for years. At Eco, we take our quality control program seriously no matter the size of the batch being produced. Furthermore, we take pride in producing everything that goes into our Intellectual Property right here in America, as it has been our goal since inception, that our red lumber will one day be recognized as the true American Brand of Lumber.
ECOB Featured This Spring In North America From Coast To Coast
PR Newswire - Mon Mar 31, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that HOSS Magazine will be featuring ECOB's Steve Conboy and Company in the May/June 2014 issue of Canada's HOSS Magazine - on newsstands May 5, 2014 www.HOSSMAGAZINE.com. ECOB President and CEO was contacted by Craig Charity about publishing an in-depth story about Eco's visionary approach of bringing new defensive building products to the market while at the same time reaching out to those affected by catastrophic events.
Eco Building Products Break Ground On The Most Defensive House In The Sandy Rebuild
PR Newswire - Fri Mar 28, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company is undertaking a long awaited project on the most defensive home ever built in the Northeast, featuring Eco Red ShieldTM protected lumber, roof and floor trusses in concert with Eco's full line of defensive products including Eco Disaster BreakTM coatings, Eco ArmorTM defensive paints and Eco TrimTM. The timing of this defensive rebuild previously stalled by a long winter and a string of bad weather only makes this project sweeter, further proving Eco Red Shield lumber can handle the harsh, wet, cold winter better than raw, unprotected lumber in any climate. This rebuild effort now underway is being led by ECOB President's son, Shaun Conboy, a master carpenter and framer, just like his Dad. Further support in this effort is bolstered by the fact that by next Tuesday, Eco Red Shield protected lumber will be on the shelf in America's leading big box Store in 47 locations in and around NY and NJ, with many more on the way throughout the next few weeks. Stay tuned to Eco's "Store Locator," which can be viewed by visiting www.ecob.net.
Eco Building Products Connects With First Customer In The South And Another Residential Builder In The Northeast
PR Newswire - Thu Mar 27, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) is excited to announce that today, the Company has shipped its first order in the South to Cobblestone Mill Woodworks, Inc. located in Ball Ground, Georgia. Cobblestone previously utilized wood treatment services from a Canadian supplier lacking sufficient quality control measures and technical support, resulting in a newly formed business relationship with ECOB. Additionally, the Company has cultivated a builder relationship in the Northeast by way of John Simmons and AGM for the use of Eco Red Shield protected lumber for an entire house package headed into Breezy Point, New York that starts framing on April 7, 2014. This Breezy Point builder received building plans specified with Eco Red Shield protected lumber which led to a complete special order purchase from The Home Depot and a follow-on call with ECOB CEO Steve Conboy, in which the builder stated, "He will never again build with raw lumber". AGM Principal, John Simmons, is preparing to release a second whole-house package to ECOB with another four more residential projects in the queue all of which will utilize ECOB's advanced framing lumber. Our team effort between the Company and like-minded builders represents the adoption of this technology via the display of defensive building practices in heavily saturated rebuilding regions including Breezy Point and the New Jersey Shore, where builders and contractors are looking to build with more than just raw, unprotected lumber.
Eco Building Products Expands Production Acquiring Multiple Coating Lines In Augusta, Georgia
PR Newswire - Wed Mar 26, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that the Company has purchased additional automated coating equipment and the use of a facility currently operational in Augusta, Georgia. The newly acquired equipment is fully-functional and complete with automation, enabling the Company to obtain an increased output rate. In addition to the automated line, ECOB will refurbish an existing production line under the provisions of the Company's current quality control program, complete with pre and post-conditioning tunnels producing a higher quality finished product. Moreover, the increased production capacity will allow ECOB to reinforce its current market position in the Northeastern U.S. with respect to panel production to meet increasing big box demands.
Jacuzzi Selects Eco Building Products Protective Coatings And Paints
PR Newswire - Fri Mar 14, 6:00AM CDT
Eco Building Products, Inc., (OTCQB: ECOB) announced today that Jacuzzi®, one of the world's leading spa manufacturers, has agreed to move forward with Eco Building Products, Inc. as their manufacturing partner for the production of the protected lumber for export into Mexico. Jacuzzi is the name that defines the hot tub experience. Social and private, fun and relaxing, Jacuzzi completely satisfies and leaves you wanting more. Known for innovation, Jacuzzi is the company that started the modern hot tub industry. This California based creative company is always looking to lead the world in innovation and it was for this reason they have selected ECOB as the advance framing lumber technology for the fabrication of their skirt structures. The channel niche business opportunity supports great business for Eco's Colton facility and its strategic plans to support our Government when it comes to finding more export business with this new Eco Friendly Technology, as well as being good for Jacuzzi when it comes to building with this advanced framing lumber.
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. 
