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CH Lighting International Corp.: China Lighting International Corporation Says Domestic Sales Growth Spurred Significant Gains in Fiscal 2008 Revenues and Profits; Sales in China Increased 374% While Overseas Revenue Grew 83%
JINHUA, CHINA (MARKET WIRE) CH Lighting International Corporation (OTCBB: CHHN), one of the world's leading designers, manufacturers and exporters of a wide variety of fluorescent lighting products and a leading company in China in the rapidly growing special light source market, today reported significant gains in sales and net income for its fiscal year ended September 30, 2008.
marketwire.com

El Paso Corporation: El Paso Corporation Obtains $300 Million Secured Revolving Credit Facility
HOUSTON, TX (MARKET WIRE) El Paso Corporation (NYSE: EP) announced today that its wholly owned subsidiary, El Paso Exploration & Production Company, and certain of its subsidiaries have obtained a 364-day borrowing base facility that is collateralized by an estimated 0.4 trillion cubic feet equivalent of proved natural gas and oil reserves. The facility will be effective December 30, 2008. The facility is available for general corporate purposes. El Paso Exploration & Production Company has no current plans to draw upon it.
Marketwire.com

MonoGen Inc.: MonoGen, Inc. Announces Assignment and Filing for the Benefit of Creditors
LINCOLNSHIRE, ILLINOIS (MARKET WIRE) MonoGen, Inc. (TSX: MOG) has today announced that its US subsidiary, MonoGen, Inc., ('MonoGen USA') will be pursuing an out-of-court liquidation conducted by a common law Assignment for the Benefit of Creditors which it believes will permit the most efficient liquidation and provide the best structure to realize value for its stakeholders. The Board of Directors of the Canadian parent company MonoGen, Inc. ('MonoGen Canada') has authorized MonoGen USA to enter into a Trust Agreement with Nancy Ross of High Ridge Partners, Inc., as the Assignee-Trustee of all of MonoGen USA's remaining assets.
Marketwire.com

SEC changes oil, gas reporting rules
The U.S. Securities and Exchange Commission has approved changes that will allow oil and gas companies to disclose what the SEC calls “probable and possible reserves” to investors.
bizjournals

Paul Allen's big investment in Charter looks tenuous
The likelihood of financial distress, such as bankruptcy, at Charter Communications Inc. in the next year has increased from 20 percent to 75 percent, a Citigroup analyst said. (MSFT) (CHTR)
bizjournals

Green Mountain Development Corp.: GMND Licenses Technology and Buys Control Stock From BUGS
CARLSBAD, CA (MARKET WIRE) Robert Brehm, CEO of Green Mountain Development Corp. (PINKSHEETS: GMND), an incubator of green technology companies, announced today that the company has obtained a license to manufacture, distribute and use microbial technology for organic sustainable agricultural applications. In a concurrent transaction, the company became independent by purchasing all of the voting control stock of GMND from U.S. Microbics, Inc. (PINKSHEETS: BUGS), its parent company. Both transactions were undertaken to strengthen the financial position of the company and prepare for future funding and agricultural
Marketwire.com

International Power Group, Inc. : International Power Group, Ltd. Announces Plan to Locate AddPower Technology in Nevada Corporation and Conduct Future IPO
CELEBRATION, FL (MARKET WIRE) International Power Group, Ltd. (OTCBB: IPWG) today announced that its Board of Directors has approved a plan to locate the Company's AddPower low temperature turbine waste-heat-to-energy technology into a wholly owned Nevada Corporation subsidiary. Under this plan, which will require shareholder approval, each record date shareholder in International Power will receive one share of the new Nevada subsidiary (AddPower, Inc.) for every ten shares of International Power, and an initial public offering of shares in AddPower, Inc. will follow.
Marketwire.com

Libya orders oil cuts of 270,000 barrels daily
Libya has asked oil companies to slash production by 270,000 barrels per day from Jan. 1, the latest such reduction by an OPEC member as the producer group struggles to boost faltering oil prices.
HoustonChronicle.com

Unbridled Energy Corporation: Unbridled Energy Provides Overview
CALGARY, ALBERTA and PITTSBURGH, PENNSYLVANIA (MARKET WIRE) Unbridled Energy Corporation (TSX VENTURE: UNE)(OTCBB: UNEFF)(FRANKFURT: O4U) (the 'Company' or 'Unbridled') provides an overview on its USA and Canadian properties.
Marketwire.com

Save The World Air, Inc.: Respected Electrical Engineer Luke Turgeon, PhD, P.E. Joins STWA
MORGAN HILL, CA (MARKET WIRE) Save The World Air, Inc. (OTCBB: ZERO) today announced that Luke Turgeon, PhD, P.E. has joined the company as an engineering consultant. Dr. Turgeon is working on the design and engineering of the company's products in preparation for commercialization.
marketwire.com

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