Ocean Power Technologies, a subsidiary of Ocean Power Technologies, Inc. announce that it has signed an agreement with Leighton Contractors Pty Ltd to develop wave power projects off the east and south coasts of Australia. This agreement is in line with OPT’s global plan to form alliances with strategic partners in key areas of the world and will expand the company’s activities in Australia. The initial phase of work will be for OPTA and OPT to... Read more..
Southridge Enterprises, Inc. announced that it has signed an agreement with Beijing-based investment firm, Shenyang Rrzk Co., Ltd., to sell a 20% interest in the Company’s El Salvador ethanol facility for $4 million. This foreign investment participation in the El Salvador plant stems directly from the effectiveness of our Asian market awareness program currently being implemented by marketing firm Kikomaki Corp. The Company began construction... Read more..
Southridge Enterprises, Inc. announced that the Company’s subsidiary, Southridge Brasilia Corp. (“SBC”), has received a total of $7,500,000 from its project partners for the construction of the ethanol facility in Brazil. Southridge director, Mr. Marcio Santos, has been working closely with our Brazilian partners Durmundo Carasca SA (DCSA) and Briskul Transaccao LTDA (BTL) in the development of the Company’s plant in Brazil.... Read more..
Southridge Enterprises, Inc. announces that it has signed a market and investor awareness contract with investment and marketing firm, Kikomaki Corp., to bring exposure to the Asian brokerage community. The contract is for a one year period, during which Kikomaki will be featuring Southridge to the retail client bases of a number of large Asian brokerage firm networks. The Asian investment community has shown leadership with its capital placement... Read more..