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Emerging Energy Company Engages Investment Banking Firm Set to Raise Financing for Mining Production
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by FinancialNewsMedia.com
By: Marketwired .
Jan. 11, 2013 11:42 AM
CORAL SPRINGS, FL -- (Marketwire) -- 01/11/13 -- FinancialNewsMedia.com "Active Companies to Watch" for today: VSUS Technologies, Inc. (OTCQB: VSUT), TouchIT Technologies Inc. (OTCQB: TUCN), MediSwipe Inc. (OTCQB: MWIP), Facebook Inc. (NASDAQ: FB)
Headline News: VSUS Technologies, Inc. (OTCQB: VSUT) released breaking news this week that that the Company has engaged an investment banking firm to assist in corporate financing.
Stay informed on VSUS Technologies, Inc. developments by getting news alerts & updates delivered directly to your mobile phone by texting VSUT to 545454 from your cellular device or visit http://vsus.mobi for more details.
VSUS Technologies Inc. recently reached a major milestone by registering their Works Programme with the National Mining Agency in Colombia and anticipates approval of their mining permit within the next several weeks. This news was then followed up with this week's corporate developments revealing VSUT has engaged an investment banking firm to assist in raising the capital needed to get their La Tabaquera Metallurgical Coal Mine into production. The terms of any financing will be disclosed at the appropriate time. Furthermore, the Company anticipates closing on the acquisition of an operating subsidiary in Colombia by the end of January in efforts to continue to make progress in this South American hotbed for coal mining.
The company also announced this week that it has changed its name to New Colombia Resources, Inc. with the state of Delaware. The Company has filed for a new cusip number and anticipates filing with FINRA for a new symbol in the next few days. "We felt a name change was necessary to reflect the direction of the company emphasizing that Colombia is a New Colombia with vast untapped human and natural resources," stated John Campo, President of New Colombia Resources, Inc.
VSUT closed up 7.26% on Thursday (1/10/13) at just slightly under $0.04 price per share. Globally, many analysts predict coal will actually overtake oil to become the world's single-largest power source over the next five years, thanks to strong growth in demand from world markets including China and India. The critical point for individual investors is to find the stable and secure players in the coal sector -- companies like VSUS Technologies, Inc. (OTCQB: VSUT) could have a bright, long-lasting position in the global coal trade. For more information on VSUT visit their website at www.vsustechnologies.com
Active Movers to keep a close eye on are:
TouchIT Technologies Inc. (OTCQB: TUCN) designs and manufactures innovative touch-based interactive products for use in both Education and Corporate environments under the TouchIT Technologies brand name as well as under various OEM brands throughout the world. TUCN was up over 110% in mid-day trading on Friday 01/11/13 on over 7.6Million shares traded.
MediSwipe Inc. (OTCQB: MWIP), a patient security solutions and financial products company for the health care industry, today announced that it has provided over $500,000 in elective medical consumer financing for the month of December 2012. MWIP was up in mid-day trading on Friday 01/11/13 on over 12.1Million shares traded.
Facebook Inc. (NASDAQ: FB) announced it has denied that its Instragram photo-sharing service has suffered a dramatic drop in its number of users. Facebook says Instagram has 100 million registered users. FB was up in mid-day trading on Friday 01/11/13 on over 38Million shares traded.
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