Monthly Archives: July 2015

Bank of Napa Reports Robust Growth

NAPA, CA / ACCESSWIRE / July 23, 2015 / Bank of Napa, N.A. (OTCQB: BNNP) announced its financial results for the six month period ending June 30, 2015, where the Bank earned $601,000 versus $575,000 in the same period last year, an increase of $26,000 or 4.5%. Net income in the second quarter of 2015 was $325,000, an increase of $25,000 or 8.3% over that which was earned in the same period last year.

Total deposits at June 30, 2015 were $171.7 million, representing an increase from the balance outstanding at June 30, 2014 of $30.3 million. Loan totals at June 30, 2015 increased to $116.5 million, up by $14.2 million from last year. Bank of Napa’s total assets reached $196.3 million at June 30, 2015, representing a $31.8 million or 19.3% increase over the same period last year.

President and Chief Executive Officer Tom LeMasters stated, “We continue to be pleased with our financial metrics, in particular our deposit growth. In our nine years of operation the increase in deposits of over $30 million is the largest year over year growth in our history. This is further evidence that customers desire the personal attention we provide. Coupled with the recent announcement by DepositAccounts which ranked us the eighth strongest commercial bank in the US we have further enhanced our reputation in the Napa County marketplace.”

At June 30, 2015, the Bank had equity capital of $23.8 million, and all capital ratios were in excess of the regulatory definition for “well capitalized” distinction. Shareholders, customers, and friends are invited to stop by both offices of the Bank on the afternoon of Friday August 14, 2015 to celebrate the Bank’s ninth anniversary. Please call (707) 257-7777 for more information.

Bank of Napa, N.A. offers a complete range of loan and deposit products, and services to businesses and consumers in the Napa Valley. It operates two full service offices: at the corner of Redwood Road and Solano Avenue at 2007 Redwood Road, Suite 101; and at Second and Seminary Streets at 1715 Second Street, in Napa CA. Bank of Napa is a member of the FDIC. Its common stock is traded on the Over the Counter Bulletin Board under the symbol BNNP and the Bank can be found on the web at www.thebankofnapa.com. Contact Information: Tom LeMasters, President & CEO, 707-257-7777.

Information contained herein may contain certain forward-looking statements that are based on management’s current expectations regarding economic, legislative, and regulatory issues that may impact the Bank’s earnings in future periods. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “intend,” “estimate” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Bank’s operations, pricing, products and services. The Bank undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

SOURCE: Bank of Napa, N.A.

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FIG Tree Capital Ventures Helps Clients Take Fresh Approach to Oil Investing.

July 23, 2015 – – FIG Tree Capital Ventures (FIG) – a Texas-based venture capital firm, with energy assets in the Williston Basin (Bakken/Three Forks Shale) of North Dakota, The Woodbine Formation of South East Texas, The Cotton Valley/Bossier Haynesville of East Texas, has announced a unique product structure for clients who are seeking to directly invest into the oil and gas industry.

Ryan Wright, FIG Tree Capital Ventures CEO, recently had this to say about the company’s oil fund investments: “Our Drilling and Acquisition Funds provide our clients with direct investment opportunities in oil and gas that are consistent with an industry or wholesale approach. Rather than participating in a single well, or a group of wells in which the investor owns just cash flow from a depleting source, our Fund put investors in the position of directly owning the valuable acreage. This way our partners aren’t just relying on a declining cash flow stream and tax benefits to generate their return on investment. Our Funds have the ability to create valuable properties via leasehold ownership and proven reserve value. Our partners can choose to divest of it when the market timing is right in order to achieve a capital gain on top of the cash flow received during the hold time. With this structure, investors are involved in the decisions and they understand the actual costs associated with the development. We believe this product design is educating its investors and setting the bar for fairness.”

FIG Tree Capital Ventures opened in 2008, with the goal of providing investment opportunities for the development of proven oil and natural gas fields. Richard Main, FIG’s President explains, “We started this company with the mindset that drilling and producing hydrocarbons can be a much more consistent and lower risk endeavor for investors due to the technology that exists today and our ability to acquire highly desirable acreage positions. We are partnering with top tier publicly traded operators like Whiting Petroleum (WLL) and Continental Resources (CLR) on some of the most sought after locations in the country”.

The business model seems to be working. FIG’s latest fund, has an interest in over 30,000 gross acres and to date has participated in or purchased 27 wells in McKenzie and Dunn County North Dakota. 23 of the wells all producing revenue to the Fund and 4 are currently in the completion process.

About the Company

FIG Tree Capital Ventures, LLC is a privately held venture capital firm based in McKinney, Texas with a primary focus on offering qualified participants investment vehicles in energy, real estate, and technology that have the ability to create cash flow, tax benefits, and asset value.

Qualified Investors can now take advantage of the firm’s oil investment opportunity. Those interested in learning more can visit http://www.figtreecapitalventures.com, call (866) 894-7309 or email us at invest@figtreecv.com.

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Contact Fig Tree Capital Ventures:

Ryan Wright

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BelfastSEO.org Now Top Service For Mobile Optimisation Belfast

July 23, 2015 – – BelfastSEO.org has been rated #1 in Bing for the top service for mobile optimisation in Belfast. The company specialises in elite level search engine optimisation and mobile services for Belfast and all Northern Ireland businesses interested in gaining greater exposure and more customers online and through mobile devices.

Its not a secret that the world has gone from PC’s and Laptops and home telephones to smart phones, androids, tablets and iPads. With this transition has come some serious changes in the way consumers search online for the good and services they desire. Gone are the days of long websites and national research. These days all searches are becoming more and more localised as people want instant results and are searching using video and social media through their mobile devices.

These important global changes in the way people search online have caused Google to make some serious changes of their own. As of April 21, 2015, Google has changed the way they rank websites online. Now sites that are mobile optimised or Mobile friendly have preference in the rankings. If Google scans your site and sees it has not been mobile optimised it may very well drop you in the rankings to allow for newer mobile friendly sites to be seen by mobile searchers.

This has already begun and is impacting the search engine results for millions of buisnesses worldwide.

“Google has spoken and the businesses in Belfast and all of Northern Ireland and the UK need to listen. Your website must pass the Google Mobile Friendly Test or you are at serious risk of losing your online presence and the customers you get from your online website.” says Darren the owner of BelfastSEO.org.

“For this reason, we are offering any business a free Mobile Friendly Business website test and SEO analysis guaranteed to let you know if your site is Mobile Friendly or is at risk of a major Google penalty,” he says.

The company has been offering SEO and Mobile services to busineses accross Northern Ireland and the UK so if you are a business owner in these areas and you would like to take advantage of the free mobile friendly test offered feel free to contact BelfastSEO.org through the contact details below.

These are the types of services that have helped the organization become the leading Mobile Optimisation services company in Belfast and ranked #1 in Bing.

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Contact BelfastSEO.org:

Darren McErlean
07835818866
darren@belfastseo.org
Northern Ireland

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Westmoreland to Host Second Quarter 2015 Earnings Conference Call and Webcast Live on Friday, July 24, 2015

ENGLEWOOD, CO / ACCESSWIRE / July 23, 2015 / Westmoreland Coal Company (NASDAQ: WLB) and Westmoreland Resource Partners, LP (NYSE: WMLP) will host a conference call and live webcast to discuss the results of the second quarter 2015, to be held Friday, July 24, 2015 at 10:00 AM Eastern Time.

To participate in this event, dial 844-WCC-COAL (844-922-2625) domestically, or 201-689-8584 internationally, approximately 5 to 10 minutes before the beginning of the call. Additionally, you can listen to the event online at www.investorcalendar.com/IC/CEPage.asp?ID=174176 as well as via the Westmoreland website (www.westmoreland.com).

If you are unable to participate during the live webcast, the event archive will be available at www.investorcalendar.com or www.westmoreland.com.

You may access the teleconference replay by dialing 877-660-6853 domestically or 201-612-7415 internationally, referencing conference ID # 13614460. The replay will be available beginning approximately 2 hours after the completion of the live event, ending at midnight Eastern on August 7, 2015.

About Westmoreland Coal Company

Westmoreland Coal Company is the oldest independent coal company in the United States. Westmoreland’s coal operations include sub-bituminous and lignite surface coal mining in the Western United States and Canada, an underground bituminous coal mine in Ohio, a char production facility, and a 50% interest in an activated carbon plant. Westmoreland also owns the general partner of and a majority interest in Westmoreland Resource Partners, LP, formerly Oxford Resource Partners, LP, a publicly-traded coal master limited partnership. Its power operations include ownership of the two-unit ROVA coal-fired power plant in North Carolina. For more information, visit www.westmoreland.com.

SOURCE:
Investor Calendar

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Washington Real Estate Investment Trust to Host Second Quarter 2015 Earnings Conference Call and Webcast Live on Friday, July 24, 2015

WASHINGTON, DC / ACCESSWIRE / July 23, 2015 / Washington REIT (NYSE: WRE) will host a conference call and live webcast to discuss the results of the second quarter 2015, to be held Friday, July 24, 2015 at 11:00 AM Eastern Time.

To participate in this event, dial 877-407-9205 domestically, or 201-689-8054 internationally, approximately 5 to 10 minutes before the beginning of the call. Additionally, you can listen to the event online at http://www.investorcalendar.com/IC/CEPage.asp?ID=173585 as well as via the Washington REIT website (www.washreit.com).

If you are unable to participate during the live webcast, the event archive will be available at www.investorcalendar.com or www.washreit.com.

You may access the teleconference replay by dialing 877-660-6853 domestically or 201-612-7415 internationally, referencing conference ID # 13599919. The replay will be available beginning approximately 2 hours after the completion of the live event, ending at midnight Eastern on August 7, 2015.

About Washington REIT

Washington REIT is a self-administered, self-managed, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. Washington REIT owns a diversified portfolio of 55 properties totaling approximately 7 million square feet of commercial space and 2,826 residential units, and land held for development. These 55 properties consist of 25 office properties, 17 retail centers and 13 multifamily properties. Washington REIT shares are publicly traded on the New York Stock Exchange (WRE).

SOURCE:
Investor Calendar

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Raleigh Solar Panel Installers Tempt NC Homeowners with New Financing Options

Solar installation companies in Raleigh have announced new financing options to make solar energy systems affordable to more Research Triangle homeowners.

Raleigh, U.S.A. – July 23, 2015 /PressCable/

Industry expert Andy Morris has identified 9 leading solar power installers serving the Raleigh, North Carolina area. In order to make residential solar more affordable, some of these companies now offer unique opportunities to purchase a residential solar PV system. This includes announcing new, low-cost financing for well-qualified candidates.

More information is available at: http://betterhomenews.com/raleigh-solar

Mr. Morris says, “There’s never been a better time to start lowering high energy costs by financing a solar energy installation, while taking advantage of the 30% Federal tax credit. Duke Energy Progress has decided to make residential solar power generation a priority with their SunSense Solar PV program.”

Google reviews of Raleigh solar companies range between 1 and 5 stars. Some things to watch out for are how responsive the company is during the pre-sales process, system reliability ratings, and whether customers have been satisfied with their energy savings.

The biggest advantage of financing a residential solar energy system in Raleigh is the ability to spread the investment out over time, rather than having to come up with the full cash sum at installation. This is often the deciding factor in system affordability for homeowners.

Estimating the full cost savings of a financed solar PV system requires working with a solar contractor prior to installation. Solar energy is a modular technology, meaning homeowners can install as many or as few panels as they like, based on budget and energy-savings goals. Each new kilowatt of installed solar capacity brings bigger electricity bill savings. With a large enough installation, it’s possible to eliminate energy bills completely.

Mr. Morris goes on to say, “Thanks to financing solar energy, countless North Carolinians have eliminated their monthly local utility bill. However large an installation, most homeowners can expect electricity bill savings to grow with time, and pay increasingly large dividends with each passing year as utility rates continue to increase.”

For more information about us, please visit http://betterhomenews.com/raleigh-solar

Contact Info:
Name: Andy Morris
Organization: Raleigh Solar Power Company
Phone: 919-887-8006

Release ID: 87453

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of IDI, Inc. – IDI

NEW YORK, NY / ACCESSWIRE / July 23, 2015 / Pomerantz LLP is investigating claims on behalf of investors of IDI, Inc. (“IDI” or the “Company”) (NYSE: IDI). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether IDI and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. 

On July 21, 2015, SeekingAlpha.com published an article on the information solutions provider, asserting, among other things, that (1) Chairman Michael Brauser’s biography omits his being named as a defendant in multiple civil fraud litigations and sued in a bankruptcy proceeding; and (2) IDI’s pending lawsuit against Transunion could render IDI’s stock worthless. 

On this news, IDI’s stock fell $5.26 per share, or over 46%, to close at $6.16 per share on July 21, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz, LLP

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Tooli – Redefining Creative Desktop Tools

Brisbane, AU – On June 30 2015, Troy Cundy launched a Kickstarter campaign for Tooli, an intelligent and versatile creative desktop tool for artists and makers. This rather unique robotic tool can plot, airbrush, laser and dispense, and is the creation of the team at Toolbotics; a small start-up founded by Troy Cundy with a wealth of CNC knowledge on tap.

“It was during a 3D printer design project that I was introduced to the vast array of open source resources linked to CNC, this sparked the idea for the Tooli project,” says Cundy, “Tooli was created to show the world that CNC technology is capable of much more than just milling and 3D printing. Tooli can draw a sketch, cut a decal, stamp a pattern, laser engrave a photo, cut out fabric, paint a picture, dispense chocolate, pick and place objects, and much more.”

After several design concepts and months of prototyping, they have created a versatile CNC platform that introduces a unique set of capabilities. While some of the capabilities of Tooli are not new, there are a several features like airbrushing and pick-n-place that haven’t really been offered before in a desktop machine. If having so many features built into a single creative space you can own for less than $2,000 isn’t enough, they’ve also included a touch screen interface.

“Tooli was designed from the ground up to be a scalable multi-function creative tool that’s super easy to use. Available in 3 sizes up to 84 x 60 cm (33 x 24 in), Tooli provides the perfect creative space for artists and makers to do what they do best — be creative,” explains Cundy, “The intuitive touch screen makes using Tooli super easy, and together with our Art2Gcode software offers a total package that everyone can use.”

Due to the costs involved with bringing a product like Tooli to the market, the team has taken their idea to Kickstarter in an attempt to raise $65,000 in 40 days. In exchange for pledging to the project, backers can gain access to a variety of limited rewards including a Tooli sticker for under $5, an early bird Tooli and Laser for around $1,000, or an early bird Tooli with Laser and Plotter for around $1,200. Backers can also pledge around $1,500 to receive a Tooli with all attachments (Laser, Plotter, Airbrush and Dispenser).

To follow this project, be sure to find them on Twitter @Toolbotics and Facebook/tooli.CNC and spread the word to your social media networks. For more information, please visit the Kickstarter page here or contact the creator below.

Image: https://ksr-ugc.imgix.net/projects/1873468/photo-original.png?v=1434780335&w=1024&h=768&fit=crop&auto=format&q=92&s=935166f444a6939ae7842225f2e1fe0a

Distributed by CrowdfundingPR

Media Contact
Company Name: Troy Cundy
Contact Person: Tooli
Email: troy@toolbotics.com
Phone: +61 404235166
Country: United States
Website: https://www.kickstarter.com/projects/735824118/plot-airbrush-laser-dispense-tooli-the-creative-cn

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Source: GetNews

International Media Authority Announces New Article On Authority Marketing

July 23, 2015 – – Juli Whaley of Powerfully Present Now has recently announced a new article publication regarding authority marketing and how it can be beneficial to businesses. Whaley is an international authority marketing expert from Australia, with experience in banking and entrepreneurship.

Authority marketing refers to media exposure or more specifically, exposure to major media networks such as ABC, NBC, and Fox, among others. Authority marketing helps to establish trust and credibility for a business or brand among target audiences. It assists in getting a brand name or company in front of their market and can lead to higher sales.

“Being seen as an expert on your industry is critical to overall business success,” says SEO expert Jonathan Greene. “Companies that don’t have this distinction are often overlooked for those that do.”

The article published by Whaley on powerfullypresentnow.com describes marketing authority as well as the benefits of using it, and the author guarantees placement on major networks. Exposure on these networks leads to the certified use of network logos for marketing, which establishes the business owner as an authority or leader in their industry. Logos can be used in online and offline marketing strategies.

“My company awareness has grown significantly since I began paying attention to how people viewed me. Authority marketing is perhaps the greatest thing I could have done for my business. People see me as an expert now, which keeps them coming back to me over and over again,” says website owner Loren.

Whaley promises through her authority marketing program to get businesses in the media on at least four networks within 10 days of submission, and states that every business needs media exposure. “Whether you are a restaurant owner, author, speaker, realtor, coach, or any small business owner, you need authority marketing,” says Whaley. “I can get any business where it needs to be; viewed as an expert or authority in its respective industry, which is what is going to really make that business successful.”

Business owners or entrepreneurs looking for more information about authority marketing can visit her on https://www.linkedin.com/in/juliwhaley.

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Contact powerfullypresentnow.com:

Juli Whaley

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With Numerous Morcellator Lawsuits Filed, FDA Response To Cancer Crisis Underwhelms Critics, Tracey & Fox Reports

July 23, 2015 – – On April 17, 2014, the US Food & Drug Administration announced a major safety risk of power morcellators, medical devices frequently used to grind uterine fibroid tissue: morcellators can spread and worsen uterine cancer. In November of that year, the FDA would expand on its warning in an updated Safety Communication, warning surgeons to avoid using power morcellators in all but the rarest circumstances. Recommending that all morcellator manufacturers revise their devices’ labeling with a “Black Box” warning, notifying patients and surgeons that “laparoscopic power morcellators during fibroid surgery may spread cancer,” the regulatory agency said that it was “consider[ing] other steps that may further reduce such risk.”

Six days later, Johnson & Johnson initiated a “voluntary market withdrawal,” asking surgeons around the world to return their power morcellators immediately. While Johnson & Johnson’s decision effectively removed the world’s largest morcellator manufacturer from the market, smaller companies have yet to respond. Questioned by the Wall Street Journal on their own plans, Karl Storz, Richard Wolf, LiNA Medical and Olympus Corporation failed to respond.

Meanwhile, patients who believe that a morcellator spread their undetected cancers have begun to file lawsuits. Amid allegations that medical device manufacturers failed to warn the public of morcellation’s risks, more than 20 claims have been filed so far. The first of these morcellator lawsuits, filed by Scott Burkhart on March 14, 2014*, has now been settled for an undisclosed amount by LiNA Medical.

According to Sean Tracey, Esq., managing partner at Tracey & Fox, a growing number of critics say much more needs to be done than “warnings” and “recommendations.” Led by Amy Reed, an anesthesiologist whose undiagnosed uterine cancer was spread by a morcellator procedure in 2013, a vocal movement has formed around calls to ban power morcellators entirely. “Reed and her husband, Hooman Noorchashm, have bravely spearheaded several major changes already,” Tracey says.

Boston’s Brigham and Women’s Hospital restricted the use of morcellators in its own facilities after publicly acknowledging that Reed’s hysterectomy, performed at the hospital, had “upstaged” her cancer. Medical institutions across the country followed suit. Philadelphia’s Temple University Hospital announced that it would end the use of power morcellators completely, as did HCA Holdings Inc., a hospital network encompassing more than 270 facilities.

Tracey notes that several health insurance companies have also limited coverage for procedures involving the device, including UnitedHealth Group and Aetna, respectively the first- and third-largest insurers in the country. “But critics say changes from within the industry don’t go far enough. Reed and Noorchashm have called for regulatory action.” Tracey says that at least one legislator has heard those calls: Mike Fitzpatrick, a Republican Congressman from Pennsylvania.

Inspired by the passion of activists like Amy Reed, Fitzpatrick drafted seven Amendments for inclusion in the 21st Century Cures Act, a sweeping healthcare reform bill passed mid-July 2015. Fitzpatrick’s legislation targeted the medical device approval process currently employed by the FDA, and included measures to strengthen the agency’s postmarket surveillance program for devices.

“Medical device approval has been surrounded by controversy for years,” says Tracey. He cites Section 510(k) of the Food, Drug & Cosmetic Act, which allows the FDA’s Center for Devices and Radiological Health to approve new devices without safety testing, as long as manufacturers can demonstrate that their products are “substantially equivalent” to one approved previously. “In the case of morcellators,” Tracey continues, “manufacturers weren’t required to provide new safety data after the first device was approved. That was more than 20 years ago.” Tracey notes that most morcellators use a spinning blade to grind fibroid and uterine tissue into small pieces. But Olympus Corporation, a Japanese company, introduced an entirely new design in [date]. “Olympus’ morcellator uses energy, rather than blades, to split apart tumors. But even with that significant difference, it was deemed ‘substantially equivalent’ and approved quickly through 510(k).”

Mike Fitzpatrick’s proposed legislation sought to change that process, and ensure that all devices are sufficiently tested in both safety and efficacy. But upon the 21st Century Cures Act’s passage, the House of Representatives had rejected all but one of his Amendments. Surgeons will now be required to include a medical device’s make and model on electronic health records. But this is only one small change to what many consider a hopelessly ineffective approval process.

Tracey & Fox continues to provide free consultations to patients who believe that a morcellator procedure spread or worsened an undetected uterine cancer. For a case eligibility evaluation at no cost, call 713.495.2333.

*Burkhart v. LiNA Medical US et al., No. 5:14-cv-1557, complaint filed (E.D. Pa., Allentown Mar. 14, 2014).

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Contact Tracey & Fox:

Sean Tracey
713-495-2333
440 Louisiana Street , Suite 1901
Houston, TX 77002

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