Sunwest Bank Acquires Assets and Deposits From FDIC as Receiver for Syringa Bank in Idaho

BOISE, ID—via eTeligis—On January 31, 2014, Syringa Bank was closed by the Idaho Department of Finance. The Federal Deposit Insurance Corporation (FDIC) was then named Receiver. Subsequent to the closure, Sunwest Bank, headquartered in Irvine, CA, acquired substantially all of the deposits and assets of Syringa Bank from the FDIC as Receiver for Syringa Bank.

 

The former Syringa Bank will reopen Monday, February 3, 2014 as part of Sunwest Bank. Representatives from Sunwest Bank will be available at former Syringa Bank branches to answer questions from current and prospective clients. Existing Syringa clients will be able to conduct business as usual, as their money will be available through checks, ATM and debit cards. Loan clients should continue to make their payments to former Syringa Bank offices.

 

"We are excited to welcome the valued clients and talented employees of Syringa Bank to our growing family," said Chris Walsh, President and Chief Executive Officer of Sunwest Bank. "Sunwest Bank is committed to providing a superior customer experience and we look forward to delivering high-quality, relationship-based community banking products and services to the businesses and residents of Idaho."

 

"For decades, we have operated under a code of values, rooted in fiscal responsibility, that have enabled us to remain strong and stable despite fluctuations in the economic climate," Walsh explained. Actively doing business, and well positioned for growth, Sunwest Bank's loan fundings surpassed $134 million in 2013. Sunwest Bank's net income was $11.8 million, nearly double from 2012. Additionally, Sunwest Bank's leverage and tier 1 risk-based capital ratios, which are key measures of a bank's financial strength, were more than double the amount required to be considered well capitalized on December 31, 2013.

 

Sunwest Bank has been a dedicated partner to the communities they serve for 45 years. "We are excited to expand our footprint and continue the community bank tradition in Idaho," said Chris Walsh. "Sunwest Bank understands what it means to be a relationship-focused community bank and we strive to be a good corporate citizen by giving back to our communities." Over the past three years, Sunwest Bank has invested more than $1.5 million in community and charitable programs. During the same time period, our employees enhanced those contributions by donating over 3,000 volunteer hours.

 

An established community bank, Sunwest has offices in California, Arizona, Washington and now in Idaho. Sunwest Bank offers a wide range of financial products to individuals, professionals, homeowner associations, and small to mid-sized businesses. The Bank's solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with our clients. For more information, visit www.SunwestBank.com or call (800) 330-9890 to learn more.

 

Contact:
Nicole Smith
(714) 730-4491
nsmith@sunwestbank.com

 

 

SOURCE: Sunwest Bank

Associated Documentation:

Link to submission on http://www.eteligis.com
Sunwest_Bank_1-31-14_KMG_Rev2.doc

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Novacab International Opens US Regional Office

SHERBROOKE, QC – via eTeligis – Novacab International Inc. (OTC Pink: NVOB) is most pleased to announce the opening of its first US regional office in Palm Springs California. The newly appointed Regional Manager, John Higgins will be overseeing the structuring of the office as well as hiring of the required support team and sales force throughout the State of California.

 

"We targeted California because of its strategic position to service long distance haulers across the Mexican border," states Stephane Bilodeau, president. He adds, "Our plant in Sherbrooke, Quebec, is 30 miles from the US Border and it will continue to cover the Tri-State area until our further expansion in this region next year."

 

Prospective Dealer/ Distributors in California have already been identified and have shown interest in its technologies for the automotive part of our business catering to Class 8 with sleeper cabs and smaller delivery and service vehicles.

 

Novacab's technology is most attractive for trucking firms as it runs silent, unlike generator driven systems. It emits zero pollution and does not use any power from the engines that propel the vehicles.

 

Mr. Higgins is meeting with trucking companies whose equipment requires both refrigeration for produce and freezing capabilities.

 

He is also gathering interest in the commercial and industrial segment of our business model with our Novanergy Technology to be implemented in hotels, hospitals, manufacturing plants etc. The savings in electrical consumption is primordial especially in areas where these expenses are an important part of operating costs.

 

More updates are forthcoming.

 

About Novacab International Inc

 

Novacab's technologies are based on patent protected research developed since 1996 and are applicable in two main sectors, vehicles and buildings. The technology provides for thermal storage of electricity that is created from the flow of heat. These systems convert heat into electricity which can be stored for future use.

 

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

 

Contact:

Donna Giroux

donna.giroux123@gmail.com

 

 

SOURCE: Novacab International Inc.

Associated Documentation:

Link to submission on http://www.eteligis.com
NVOB_1-31-14_ETL_KMG.docx

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Medical Greens Announces Launch of Janes Card Loyalty and Payment Card

LOS ANGELES, CA—via eTeligis – SK3 Group, Inc's (OTC Pink: SKTO) subsidiary Medical Greens ("the Company") is pleased to announce that it has officially launched its Janes Card™ (www.janescard.com) benefits and payment card. The Janes Card™ is a universal benefits-based prepaid card along with a payment solution and rewards program that is intended to build customer loyalty for all retailers that accept it throughout California. The card has an upscale look and feel, and will be distributed by the Company directly in a large-scale marketing effort. Customers will be able to update their Janes Card™ account online or through a dedicated telephone number, much as they are currently able to do with more traditional credit card and benefits programs. The card is being rolled out in California first, with a goal of a national rollout in short order. The Company is now allowing retailers to sign up as vendors.

 

"Achieving this milestone is an important accomplishment for the Company. The Janes Card™ will facilitate in-network retailers in receiving payments, building important data from which targeted marketing can be created, developing brand loyalty among customers, and otherwise making it easier for retailers and their customers to transact business," said Company President Artemus Mayor. "The loyalty program, whereby consumers will be able to earn points for their transactions and redeem them for discounts or other loyalty based rewards, is revolutionary in this business and we are confident that it will transform the way patients purchase their medication. The Janes Card is an integral component of our related online program at www.pharmajanes.com, allowing patients to order and receive their medication from the comfort of their own home and receive credit for it toward future purchases, while assisting retailers in targeting their product offerings."

 

About SK3
SK3 is a healthcare logistics and fulfillment consultancy focused on the delivery of alternative care and medicine. With seasoned management, breakthrough technology and best practices, SK3 brings standardization and transparency to this rapidly growing segment of the alternative care field.

 

Safe Harbor Statement 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

Investor Relations
investors@medicalgreens.com

 

 

SOURCE: SK3 Group, Inc.

Associated Documentation:

Link to submission on http://www.eteligis.com
SKTO_1-31-14_ETL_KMG.docx

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Worldwide Identifies Platform Healthcare Company

NEW YORK, NY – via eTeligis – Worldwide Internet, Inc. (OTC Pink: WNTR), a company focused on making investments to diversify its business operations and holdings has identified a healthcare company that manufactures equipment for use in hospital x-ray facilities. The company currently does in excess of $10 million in revenue and has been in business for more than twenty years. It has a diversified base of hospitals as its customers.

 

The company intends to use the proposed acquisition as a platform company for additional investments in the healthcare industry. The company has already announced its investment in Dr Belts and the intention to brand additional products under that name.

 

The company is also looking at potential opportunities in the healthcare industry including software applications for electronic record storage. Also currently the company is evaluating any manufacturing opportunities in pharmaceutical drugs in the United States and Canada.

 

Frank Kristan, President of Worldwide Internet, Inc., stated that:

 

"We are focused on implementing our business plan of building a diversified company. The healthcare industry provides a number of opportunities for growth that will increase shareholder value and provide for distributions to shareholders."

 

About Worldwide Internet, Inc.

 

Worldwide Internet, Inc. (OTC Pink: WNTR) (www.worldwideinternetinc.com) is in the business of developing technology for internet datacenter services and emergency notifications to the public. The company is focused on making investments to diversify its business operations and holdings.

 

FORWARD-LOOKING STATEMENTS:

 

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

 

Contact:
Frank Kristan
frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470

 

 

SOURCE: Worldwide Internet, Inc.

Associated Documentation:

Link to submission on http://www.eteligis.com
WNTR_1-31-14_ETL_KMG.docx

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PharmaJanes (OTCBB: AEGY) Announces Launch of Website Connecting Collectives With Patients in California

LOS ANGELES, CA – via eTeligis - Alternative Energy Partners (OTCBB: AEGY) (OTCQB: AEGY), known as PharmaJanes ("the Company"), is pleased to announce that PharmaJanes.com, the e-commerce servicing platform, is now open for new patient enrollment. PharmaJanes will first begin servicing parts of metropolitan Southern California, and thereafter will expand throughout California in phases. At the appropriate time, PharmaJanes intends to roll out nationwide.

 

PharmaJanes will facilitate patient enrollment in its exclusive network of dispensaries by processing and verifying patients' applications. In addition, PharmaJanes will route the orders to its exclusive non-profit collectives, which then will process and deliver the orders to patients. Upon completion of verification, patients will have access to all medical cannabis products available on the PharmaJanes menu. PharmaJanes will feature products produced by master growers, and products licensed by SK3 Group, Inc. (OTC Pink: SKTO) to SK3's wholesale managed collectives.

 

"I am thrilled that we met our announced milestone of launching PharmaJanes.com in January and I am looking forward to seeing the start of enrollment of new patients," said Frank Gomez, Chief Technology Officer of PharmaJanes. "By bringing technology to bear on the medical cannabis industry, PharmaJanes marks the beginning of a new era of simplified and streamlined access to medicine by patients from the comfort of their own homes. We are expecting this to be a solid growth engine for the company and to revolutionize the way medical cannabis is delivered to patients."

 

FDA Statement
The statements in this document have not been evaluated or approved by the FDA. The products and statements referenced in this document are not intended to diagnose, treat, cure, or prevent any disease.

 

About AEGY
PharmaJanes™ is an online and smartphone ordering platform allowing medical marijuana patients to order, process and pay for their authorized needs, in a simple, safe and secure ordering and payment interface. Simple Prepay is a merchant payment solution developed to offer a convenient payment solution to medical cannabis dispensaries, collectives, and delivery services. PharmaJanes also is the exclusive online marketing platform for SK3 Group, Inc.'s (OTC Pink: SKTO) Medical Greens.

 

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

Investor Relations
Mario Barrera
info@pharmajanes.com

 

 

SOURCE: Alternative Energy Partners, Inc.

 

Associated Documentation:

Link to submission on http://www.eteligis.com
AEGY_1-31-14_ETL_LST.docx

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In Ovations Holdings, Inc. Plans to Go From Pre-Revenue to Profit in 2014 With Green Tech Strategy Reducing Both Electricity Consumption and Carbon Emissions

SOURCE: In Ovations Holdings, Inc.

DORAL, FL , via eTeligis, 1/31/2014 9:00:00 AM

In Ovations Holdings, Inc. Plans to Go From Pre-Revenue to Profit in 2014 With Green Tech Strategy Reducing Both Electricity Consumption and Carbon Emissions

Letter to Shareholders

DORAL, FL-- – via eTeligis -  In Ovations Holdings, Inc. (OTC Pink: INOH) today released a letter to shareholders detailing the Company's recent launch of an Energy Services Company (ESCO) to provide cost effective lighting solutions that reduce electricity consumption and carbon emissions. The letter from President Rosendo Alvarez III and CEO Mark Goldberg highlights:

 

1. the Company's proprietary offering is manufactured and guaranteed by the largest manufacturing company in the United States and,

 

2. the Company's current hundred million dollar sales initiatives in South East Asia and Latin America.

 

In Ovations Holdings, Inc., formerly known as Marine Exploration, Inc., committed to its new ESCO direction in September of last year. To learn more about the onset of the Company's ESCO direction, select the link below:

 

http://bit.ly/CSI_GE_GradiLux_INOH_Partnership

 

The executive letter with the latest ESCO strategy is included in its entirety within this press release.

 

Dear Fellow Shareholders,

In Ovations Holdings, Inc. made many changes in 2013 and is anticipating a profitable 2014 and beyond. 

 

After exploring a number of new business strategies last year, In Ovations Holdings restructured the corporate holding company and launched a new Energy Services Company (ESCO), Electro Verde, Inc. The ESCO is a wholly owned subsidiary of In Ovations Holdings selling proprietary products and services into the global industrial lighting market that reduce both electricity consumption and carbon emissions.

 

Green Tech Partnerships Backed By Fortune 500 Partnerships

In Ovations Holdings is building its product and service line through reseller partnerships with leading Green Technology companies. The first Green Technology partnership is with Coordinated Systems International (CSI).

 

CSI owns a patent on a proprietary technology to reduce electric power consumption. CSI, in partnership with a Fortune 500 company, offers the GradiLux Total Lighting System Solution (GradiLux Solution). In Ovations Holdings, Inc. has entered into an exclusive reseller agreement with CSI to sell the GradiLux Solution in South America. In Ovations Holdings, Inc. can also resell the GradiLux Solution globally on a non-exclusive basis.

 

Learn more about the GradiLux Total Lighting System Solution:

http://bit.ly/CSI-GE-GradiLux

 

Learn more about Coordinated Systems International (CSI):

http://bit.ly/Coordinated_Systems_International

 

$100,000,000 Sales Objectives In Vietnam and Mexico

Our ESCO team departed January 2nd for Vietnam and subsequently traveled to Mexico. Both trips are part of a sales initiative to sell theGradiLux proprietary outdoor lighting solution to municipalities within Vietnam and Mexico. The lighting solution is expected to reduce the target municipalities' electricity consumption from outdoor lighting by forty percent (40%). The carbon emissions that result from powering outdoor lighting would similarly be reduced by forty percent (40%). 

 

A typical target city for the GradiLux Solution will have from 100,000 to 200,000 streetlights. Ho Chi Minh City in Vietnam, for example, has230,000 streetlights. One GradiLux device is required for approximately every 50 lights. A single lamppost usually has more than one light fixture. Estimating two lights per post, one GradiLux device would be necessary for every 25 lampposts. A city such as Ho Chi Minh City, with roughly 100,000 lampposts would require about 4,000 GradiLux units. At a cost of approximately U.S. $20,000 per unit, a citywide implementation would be approximately U.S. $80 million. In general, the anticipated price of a total solution for each target city could be as much as one hundred million dollars ($100,000,000). The target solution is designed to provide a two to five year return on investment.

 

Sights Set On LED Lights As Next Product In Green Tech Portfolio

CSI is the first of an anticipated portfolio of Green Technology partnerships. In Ovations is currently in negotiations with a LED lighting company that owns a patented LED lighting technology. The likelihood of a prompt partnership is high.

 

Financing In Ovations Client Solutions

In Ovations is also developing a number of financing partnerships intended to provide In Ovations' clients the backing to purchase In Ovations' solutions. The two to five year payback potential of CSI's GradiLux Solution provides a viable debt-financing platform. 

 

Certifying the Carbon Credit Potential of GradiLux Solution

In addition to the financing partnerships, In Ovations is in discussions to partner with a carbon credit audit firm to evaluate and ideally certify the carbon credit potential of the GradiLux for municipal installations. The carbon credit potential has not yet been included in the ROI calculations of the GradiLux payback.

 

The prospects of In Ovations new ESCO subsidiary look very good for 2014. Both Vietnam and Mexico municipal opportunities are developing rapidly. Initial orders of the GradiLux Solution are eminently anticipated to support the engineering of subsequent comprehensive solutions. Please keep an eye on In Ovations as we continue our advance in 2014.

 

Best Regards,

 

Mark Goldberg                                                            Rosendo Alvarez III

CEO                                                                                President

                                In Ovations Holdings, Inc.

 

“Safe Harbor Statement”

Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended June 30, 2013, and the Company's Quarterly Report for the first quarter ended September 30, 2013. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

 

 

Contact Information

Public / Investor Relations:
William A. Young Sr. 
Ph: 623-238-5245 
E-mail: wayoung55@aol.com

 

 

SOURCE: In Ovations Holdings, Inc.

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