Ecoblu Prods Inc (ECOB) 0.0014 $ECOB
Eco Red Shield(TM) Production In Augusta, Ga Supports Increasing Customer Demand
PR Newswire - Wed Aug 27, 7:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that the Company's Augusta, Georgia facility has received seven truckloads of dimensional framing lumber and panel products from Bridgewell Resources, with an additional seven truckloads scheduled to arrive next week. This lumber will be treated with Eco Red Shield defensive lumber coatings providing unparalleled protection against mold, fire, termites and wood rot decay, prior to being shipped to the Florida-based end user for installation into a multi-family project.
Eco Red Shield(TM) Lumber Sales Continue To Grow With Orders For Specialty Markets
PR Newswire - Tue Aug 05, 7:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that the Company continues to grow with an increase in specialty market purchase orders which are currently being produced in all three of Eco's core production facilities under the execution of new trained staff. Of the newest members of Team Eco, the Company has hired another Marine Corps Veteran, whom is now relocating to assume duties as the Plant Manager of Eco Oregon after completing several weeks of in-depth training.
Eco Building Products Establishes Defensive Builder Certification Program
PR Newswire - Wed Jul 16, 7:00AM CDT
Eco Building Products, Inc. (PINK: ECOB), the manufacturer of Eco Red Shield(TM) treated wood products that uniquely protects against termites, rot, fire and mold, today announced the establishment of the Company's proprietary defensive builder certification programs to educate key constituents within the home builder industry on the importance and feasibility of defensive construction. The Company has found continual success in the creation of primary demand for Eco Red ShieldTM protected lumber using education as its platform to mitigate risks to the constituents and their customers. The growing support of this defensive building movement was founded by the Company's President & CEO as this was the same strategy implemented years ago when engineered lumber products made their market debut. This effort is being driven by Company's Technical Support Team engaged in educational outreach efforts targeting architects, engineers, builders, contractors and realtors, stimulating their knowledge base and operational know-how on how to build and conduct business in support of defensive building practices that mitigate legal claims and defend against climate change storms.
Eco Building Products signs LOI for USD1.5m JV with Steelhead Structures
M2 - Tue Jul 08, 8:17AM CDT
Eco Building Products Inc (PINK:ECOB), the manufacturer of Eco Red Shield treated wood products that protect against fire and mold, has signed a letter of intent (LOI) to establish a joint venture (JV) with Steelhead Structures in Calgary Alberta, it disclosed on Tuesday.
Eco Building Products Enters Into Letter Of Intent For $1.5M Joint Venture With Steelhead Structures
PR Newswire - Tue Jul 08, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) the manufacturer of Eco Red Shield(TM) treated wood products that protect against fire and mold, today announced it has entered into a letter of intent to establish a joint venture with Steelhead Structures, based in Calgary Alberta. Under the terms of the Letter of Intent (LOI), the Company and Steelhead will create a joint venture named Eco Red Shield Canada, Ltd (ERSC), which will be established as part of the Company's emerging affiliate program. Definitive agreements are expected to be executed within 30 days. Total revenues to the Company are expected to be $1.5M in the first full year of operations. Steelhead has paid a non-refundable deposit of $10,000 to the Company pursuant to the terms of the LOI.
Eco Building Products Retains Gordon Thomas Honeywell Governmental Affairs to Pursue Multi-State Market Opportunities
PR Newswire - Mon Jul 07, 12:13PM CDT
Eco Building Products, Inc., (PINK: ECOB), the manufacturer of Eco Red Shield(TM) treated wood products that protect against fire and mold, today announced that it has hired the governmental affairs firm of Gordon Thomas Honeywell Governmental Affairs (GTH-GA) to assist the company in pursuing opportunities with eligible entities under the $1 billion National Disaster Resilience Competition that was announced by President Obama earlier this month.
Eco Building Products Ships Two Full-House Packs Into New Jersey Sandy Rebuild
PR Newswire - Wed Jul 02, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that Statewide Custom Homes of Margate, New Jersey again selected Eco Red Shield protected lumber as their framing lumber of choice on two new residential construction projects which will begin framing on July 10th. These two orders represent the 2nd and 3rd Eco Red Shield homes to be built in the City of Margate, NJ within a 45 day period, demonstrating this technically advanced building material's acceptance in the Sandy Rebuild. Statewide Custom Homes' Steve Baglivo and Robert Conti are among the first Building Professionals in the State of New Jersey to become Certified Eco Defensive Builders, demonstrating their commitment to defensive building excellence, thereby raising the bar beyond traditional building codes.
Basement Xperts Of Dayton, NJ Select Eco Red Shield(TM) Protected Lumber For 200 Basement Projects
PR Newswire - Tue Jul 01, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) today announced that Basement Xperts of Dayton, New Jersey have selected Eco Red Shield protected lumber for all framing lumber projects to be utilized in conjunction with over 200 basement projects over the course of the next six months. The first release of materials was purchased late last week and is now going into production at ECOB's Fair Lawn, New Jersey facility in preparation for upcoming projects in the Sandy Rebuild.
Four-Story Multi-Family Showcases Eco Red Shield(TM) Defensive Trusses
PR Newswire - Mon Jun 30, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that Wermers Multi-Family Corp. has selected Eco Red Shield defensive trusses for a sixty-nine unit, multi-family project in Vista, California that started framing this week. This 4-story podium structure featuring Eco's trusses is situated a few exits away from where the San Marcos fires raged only one month ago. This truss package will be manufactured at the Company's Oceanside, California truss facility utilizing Eco Red Shield protected lumber. http://www.ecob.net/_videoPlayer.php?v=../../...height=370.
ECO Building Products Inc. Closes 4th Breezy Point, NY Rebuild Project
PR Newswire - Wed Jun 25, 1:35PM CDT
Eco Building Products, Inc., (PINK: ECOB) today announced the Company has closed on a 2nd Breezy Point, NY defensive Eco Home(TM) rebuild project with Straightedge Builders. Under the terms of the agreement, the Company will be the exclusive supplier of lumber for this home, which will serve as a model home for marketing purposes as the Company penetrates the rebuilding subsection of the NY housing market affected by Hurricane Sandy. Eco's initial defensive Eco Home(TM) project situated on the main highway in Breezy Point, New York has begun attracting the attention of builder, architects and homeowners looking to embrace the defensive qualities of this technically advanced building material, Eco Red Shield protected lumber. Please view our Green Defensive Building Episode one at http://www.youtube.com/watch?v=tTxUwPsNsek&am...e=youtu.be
Eco Building Products Issues President's Letter to Shareholders
PR Newswire - Tue Jun 24, 6:00AM CDT
Eco Building Products, Inc. (PINK: ECOB) today released the following letter to its shareholders:
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.
Eco Red Shield(TM) Production In Augusta, Ga Supports Increasing Customer Demand
PR Newswire - Wed Aug 27, 7:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that the Company's Augusta, Georgia facility has received seven truckloads of dimensional framing lumber and panel products from Bridgewell Resources, with an additional seven truckloads scheduled to arrive next week. This lumber will be treated with Eco Red Shield defensive lumber coatings providing unparalleled protection against mold, fire, termites and wood rot decay, prior to being shipped to the Florida-based end user for installation into a multi-family project.
Eco Red Shield(TM) Lumber Sales Continue To Grow With Orders For Specialty Markets
PR Newswire - Tue Aug 05, 7:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that the Company continues to grow with an increase in specialty market purchase orders which are currently being produced in all three of Eco's core production facilities under the execution of new trained staff. Of the newest members of Team Eco, the Company has hired another Marine Corps Veteran, whom is now relocating to assume duties as the Plant Manager of Eco Oregon after completing several weeks of in-depth training.
Eco Building Products Establishes Defensive Builder Certification Program
PR Newswire - Wed Jul 16, 7:00AM CDT
Eco Building Products, Inc. (PINK: ECOB), the manufacturer of Eco Red Shield(TM) treated wood products that uniquely protects against termites, rot, fire and mold, today announced the establishment of the Company's proprietary defensive builder certification programs to educate key constituents within the home builder industry on the importance and feasibility of defensive construction. The Company has found continual success in the creation of primary demand for Eco Red ShieldTM protected lumber using education as its platform to mitigate risks to the constituents and their customers. The growing support of this defensive building movement was founded by the Company's President & CEO as this was the same strategy implemented years ago when engineered lumber products made their market debut. This effort is being driven by Company's Technical Support Team engaged in educational outreach efforts targeting architects, engineers, builders, contractors and realtors, stimulating their knowledge base and operational know-how on how to build and conduct business in support of defensive building practices that mitigate legal claims and defend against climate change storms.
Eco Building Products signs LOI for USD1.5m JV with Steelhead Structures
M2 - Tue Jul 08, 8:17AM CDT
Eco Building Products Inc (PINK:ECOB), the manufacturer of Eco Red Shield treated wood products that protect against fire and mold, has signed a letter of intent (LOI) to establish a joint venture (JV) with Steelhead Structures in Calgary Alberta, it disclosed on Tuesday.
Eco Building Products Enters Into Letter Of Intent For $1.5M Joint Venture With Steelhead Structures
PR Newswire - Tue Jul 08, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) the manufacturer of Eco Red Shield(TM) treated wood products that protect against fire and mold, today announced it has entered into a letter of intent to establish a joint venture with Steelhead Structures, based in Calgary Alberta. Under the terms of the Letter of Intent (LOI), the Company and Steelhead will create a joint venture named Eco Red Shield Canada, Ltd (ERSC), which will be established as part of the Company's emerging affiliate program. Definitive agreements are expected to be executed within 30 days. Total revenues to the Company are expected to be $1.5M in the first full year of operations. Steelhead has paid a non-refundable deposit of $10,000 to the Company pursuant to the terms of the LOI.
Eco Building Products Retains Gordon Thomas Honeywell Governmental Affairs to Pursue Multi-State Market Opportunities
PR Newswire - Mon Jul 07, 12:13PM CDT
Eco Building Products, Inc., (PINK: ECOB), the manufacturer of Eco Red Shield(TM) treated wood products that protect against fire and mold, today announced that it has hired the governmental affairs firm of Gordon Thomas Honeywell Governmental Affairs (GTH-GA) to assist the company in pursuing opportunities with eligible entities under the $1 billion National Disaster Resilience Competition that was announced by President Obama earlier this month.
Eco Building Products Ships Two Full-House Packs Into New Jersey Sandy Rebuild
PR Newswire - Wed Jul 02, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that Statewide Custom Homes of Margate, New Jersey again selected Eco Red Shield protected lumber as their framing lumber of choice on two new residential construction projects which will begin framing on July 10th. These two orders represent the 2nd and 3rd Eco Red Shield homes to be built in the City of Margate, NJ within a 45 day period, demonstrating this technically advanced building material's acceptance in the Sandy Rebuild. Statewide Custom Homes' Steve Baglivo and Robert Conti are among the first Building Professionals in the State of New Jersey to become Certified Eco Defensive Builders, demonstrating their commitment to defensive building excellence, thereby raising the bar beyond traditional building codes.
Basement Xperts Of Dayton, NJ Select Eco Red Shield(TM) Protected Lumber For 200 Basement Projects
PR Newswire - Tue Jul 01, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) today announced that Basement Xperts of Dayton, New Jersey have selected Eco Red Shield protected lumber for all framing lumber projects to be utilized in conjunction with over 200 basement projects over the course of the next six months. The first release of materials was purchased late last week and is now going into production at ECOB's Fair Lawn, New Jersey facility in preparation for upcoming projects in the Sandy Rebuild.
Four-Story Multi-Family Showcases Eco Red Shield(TM) Defensive Trusses
PR Newswire - Mon Jun 30, 6:00AM CDT
Eco Building Products, Inc., (PINK: ECOB) announced today that Wermers Multi-Family Corp. has selected Eco Red Shield defensive trusses for a sixty-nine unit, multi-family project in Vista, California that started framing this week. This 4-story podium structure featuring Eco's trusses is situated a few exits away from where the San Marcos fires raged only one month ago. This truss package will be manufactured at the Company's Oceanside, California truss facility utilizing Eco Red Shield protected lumber. http://www.ecob.net/_videoPlayer.php?v=../../...height=370.
ECO Building Products Inc. Closes 4th Breezy Point, NY Rebuild Project
PR Newswire - Wed Jun 25, 1:35PM CDT
Eco Building Products, Inc., (PINK: ECOB) today announced the Company has closed on a 2nd Breezy Point, NY defensive Eco Home(TM) rebuild project with Straightedge Builders. Under the terms of the agreement, the Company will be the exclusive supplier of lumber for this home, which will serve as a model home for marketing purposes as the Company penetrates the rebuilding subsection of the NY housing market affected by Hurricane Sandy. Eco's initial defensive Eco Home(TM) project situated on the main highway in Breezy Point, New York has begun attracting the attention of builder, architects and homeowners looking to embrace the defensive qualities of this technically advanced building material, Eco Red Shield protected lumber. Please view our Green Defensive Building Episode one at http://www.youtube.com/watch?v=tTxUwPsNsek&am...e=youtu.be
Eco Building Products Issues President's Letter to Shareholders
PR Newswire - Tue Jun 24, 6:00AM CDT
Eco Building Products, Inc. (PINK: ECOB) today released the following letter to its shareholders:
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.
