Thursday, December 13, 2012

VuQo Holdings Corporation (VUQO.PK) Completes Acquisition of Waste Management Asia Corporation

NEW YORK, NY--(Marketwire - Dec 13, 2012) -  VuQo Holdings Corporation ( PINKSHEETS : VUQO ) announced the completion of its acquisition and terms of the transaction of Waste Management Asia Corporation under which VuQo Holdings Corporation will own all of its outstanding shares via an all-stock transaction. VuQo's board of directors has also authorized to include full separation of VuQo Beverages and El Coco Wine and Spirits Distillery through a spin-off and will become private companies retaining Mr. Rene Esteban, who will be the Vice President. Ms. Felicitas Garcia is stepping down as Chief Financial Officer and will be replaced by Mr. Angel Gonzales. Mr. Gonzales is a Certified Public Accountant, who brings over two decades of experience in public and corporate accounting. He will be responsible for VuQo's global finance functions including financial analysis, tax, internal controls, and audit, treasury, and investor relations.
The new Chief Executive Officer will now be Mr. Rolando L. Sianghio, owner administrator of Waste Management Asia Corporation (formerly Lacto Asia Pacific Corporation), an environmental fellow in the United States-Asia Environmental Partnership (US-AEP Program). Mr. Sianghio has a proven track record of execution of over 50 years' business experience having been Chief Accountant and Division Sales Manager for IBM Philippines as well as Methods and Audits Supervisor for IBM World Trade Asia Pacific Corporation covering operations in Singapore, Malaysia, Indonesia and Thailand, and his own family businesses. Adding to his prestigious career was working for an Ayala Corporation financial subsidiary, assigned to rehabilitate three distressed acquired companies. Ayala Corporation is one of the country's oldest and largest conglomerates with a very diversified portfolio including investments in retail, real estate, banking, telecommunications, water infrastructure, renewable energy, electronics, information technology, and management and business process outsourcing.
In view of the major differences between the beverage products and waste industries, Mr. Sianghio stated, "We believe that although the vodka industry has been doing good, focusing on the direction of the waste management will be beneficial to the shareholders as we see significant growth and opportunities both financially and economically."
Solid Waste Industry is a $55 billion dollar market generated from volume of wastes collected and recycled commodities including paper, plastic and steel according to Waste Business Journal's Waste Market Overview & Outlook 2012. Environmental Research and Education Foundation published by R.W. Beck also details the industry's contribution of over $96 billion that created 948,000 jobs which is over one percent of U.S. GDP to the nation's economy involving all direct, indirect and induced effects from solid waste industry activities. That being said, VuQo Holdings Corporation has already lined up organizations in the hauling operations and solid waste facilities both private and in public sectors to potentially diversify its portfolio.
"This acquisition shows flexibility and will give our business greater focus on pursuing our respective growth strategies while potentially giving longer term value to our shareholders," added Mr. Esteban.
About VuQo Holdings Corporation
VuQo Holdings Corporation is a diversified holdings company that acquires emerging companies in key industries where rapid revenue growth and market share penetration are poised for significant gains. Our main focus is to acquire, invest and partner with companies that have competent management teams with provable experience in their industry and have developed products or services that have a unique edge in their marketplace. Our evaluation matrix and consultant screening process help us filter hundreds of opportunities to effectively pick companies that can grow and evolve into high performing growth entities.
For more information about the latest news, please visit www.vuqocorp.com

Contact:


Boventures Inc.
Investor Relations
877-377-9809

Tuesday, June 14, 2011

Friday, June 10, 2011

Dow falls below 12k; stocks head for 6th down week

, On Friday June 10, 2011, 11:52 am

The Dow Jones industrial average is trading below 12,000 for the first time since March and the Nasdaq composite index has given up all of this year's gains. Traders fear that the global economic recovery is losing steam.

The market is on track for its sixth straight weekly loss, the longest weekly losing streak since the fall of 2002. Stocks have suffered this month after weak economic news dampened hopes for a speedy recovery. Traders fear that slower economic growth will halt the bull market in stocks.

Shortly before noon Friday, the Dow is down 152 points, or 1.3 percent, at 11,972. The Standard & Poor's 500 index is down 17, or 1.3 percent, at 1,272. The Nasdaq is down 36, or 1.4 percent, at 2,649.

P.S. It all made perfect sense when I watched Inside Job, you should too. You can't be ignorant with all the things happening in the financial market. Better aware than sorry people.

Thursday, May 5, 2011

"HOT"

Due your DD!

JAMN.OB
Jammin Java Corp

Jammin Java Corp., a development stage company, focuses on providing premium roasted coffee on a wholesale level to the service, hospitality, office coffee service, and big box store market in the United States. It intends to produce coffee on the leased farmland in the Blue Mountain region of Jamaica. The company was formerly known as Marley Coffee Inc. and changed its name to Jammin Java Corp. in July 2009. Jammin Java Corp. was founded in 2004 and is based in Beverly Hills, California.

Market Cap: 206.96M
Float: 22.08M
Shares Outstanding: 68.99M



Special report for this stock is available here.

Did you know...

Tuesday, April 26, 2011

HEADLINE: Stocks rise on strong results from Ford, 3M

, On Tuesday April 26, 2011, 10:11 am

NEW YORK (AP) -- Stronger earnings reports from Ford and 3M helped nudge stocks higher in early trading Tuesday.

Ford Motor Co. rose 3 percent after the carmaker reported its best first quarter earnings since 1998. Ford beat Wall Street's earnings estimates with stronger sales of new vehicles.

3M Co. rose 1.7 percent. The maker of Post-Its and Scotch Tape said quarterly profit jumped 16 percent from a year ago, beating analysts' estimates. 3M raised its full-year earnings expectations despite taking a hit from the earthquake in Japan.

Delta Air Lines Inc. said rising fuel prices played a large role in pushing its quarterly loss to 38 cents a share. That's a larger loss than a year ago, but analysts expected worse. Delta jumped 5.8 percent.

The Dow Jones industrial average rose 40 points, or 0.3 percent, to 12,520. The Standard & Poor's 500 index rose 4 points, or 0.3 percent, to 1,339. The Nasdaq composite rose 6 points, or 0.2 percent, to 2,831.

United Parcel Service Inc. also raised its earnings estimate for the year after its quarterly results jumped 66 percent, beating analysts' estimates. UPS rose 1.4 percent.

Coca-Cola Co.'s stock fell 2.7 percent, after its results fell a penny short of Wall Street's expectations. First quarter net income rose 18 percent as sales overseas gained strength.

Meanwhile, the Conference Board said its Consumer Confidence Index rose to 65.4 in April from a revised 63.8 in March. Economists expected a smaller rise to 64.8, according to FactSet.

The Federal Reserve begins a two-day meeting on Tuesday. Economists expect the Fed will leave short-term interest rates unchanged and end its $600 billion bond-buying program in June as scheduled. The bond-buying effort has been credited with lifting financial markets since Fed Chairman Ben Bernanke hinted at it last August.

Weak earnings reports dragged the Dow and S&P 500 lower on Monday.