REDONDO BEACH, CA / ACCESSWIRE / July 25, 2016 / Renewable energy is attracting more attention and more investment because Renewable Portfolio Standards have been implemented in several states to reduce energy produced from traditional fossil fuel energy plants that are known to emit excessive carbon into the atmosphere. Renewable Portfolio Standards require increased production of energy from renewable energy sources, such as wind, solar, and geothermal.

A few examples of states taking action to create more energy from renewable sources are California, Nevada, and Oregon. Governor Brown signed into law SB-350 that requires 50% renewable energy by 2030, the closure of 2,200 MW San Onofre nuclear power plant, and the retirement of 19,000 GWh of coal burning power plants. Nevada SB-123 requires closure of ~1200 MW of Coal plants replaced with at least 600 MW of renewables. Oregon SB-1547 requires 50% renewable energy by 2040 and discontinues coal generation by 2030.

Goldman Sachs Group Inc. (NYSE: GS) sees renewable energy replacing fossil fuels. The investment bank’s analysts expect the greatest market dislocations to occur between 2015 and 2025.

One company in the burgeoning renewable energy sector that has consistently under promised and over delivered the kind of growth that savvy and risk averse investors are always searching for is U.S. Geothermal, Inc. (NYSE MKT: HTM). After 5 years of strong growth followed by 2 years of planning and building a larger and stronger foundation, management is now moving forward to accelerate growth to become a billion dollar market cap company in the fast growing sector.

In 2009, U.S. Geothermal reported extraordinary revenue growth of 875 percent; in 2012 the company reported growth of 200 percent; and in 2013 they reported growth of 180 percent. After a short break to consolidate gains, the company is now resuming robust growth again with a target of increasing their core business from 45 Megawatts to 230 Megawatts, and their market cap from $90 million to $1 billion by 2020. Now that the company has a detailed plan for the next leg of high growth, management is not keeping it a secret. The company’s web site reads, “Our mission is to become the largest pure play independent geothermal power producer, targeting 200 MW by 2020 and a market cap in excess of $1 billion.”

Current And Planned Operations

U.S. Geothermal most recent 10-Q describes 3 power plants in operation, 6 under development, and 9 in exploration phase:

Current Operations

 

To view this table click here.

Projects Currently Under Development

 

To view this table click here. 

Projects Under Exploration for Development
U.S. Geothermal lists 9 new projects being explored for development of which 5 are already well known and under development for earlier phases.

 

To view this table click here. 

Total current operations combined with projects under development equal 141 MW by the end of 2018, and if the projects under exploration are developed, U.S. Geothermal has the potential to substantially exceed their 200 MW goal by 2020 with up to 304 MW.

Strong Management

Producing over 30,000 MW, Calpine Corp. (NYSE: CPN) is the largest independent power producer in the United States. Dennis Gilles, the CEO of U.S. Geothermal, worked with Calpine for over 23 years and was with them when they built their very first Megawatt geothermal power plant. Mr. Gilles went on to manage Calpine’s portfolio of 750 geothermal Megawatts, and the entire Western region that generated close to 8,000 Megawatts. Dennis is a senior executive with over 30 years experience in the management, operations, maintenance, engineering, construction and administration of power and petrochemical plants and their related facilities. Mr. Gilles holds an MBA and a Bachelor of Science in Mechanical Engineering. He is also very experienced in the identification, evaluation and acquisition of existing renewable projects or portfolios, as well as heading development of new green-field opportunities that is of high importance to future growth of U.S. Geothermal.

Doug Glaspey, a co founder of U.S. Geothermal, has served as a director since March 2000, Chief Operating Officer of the Company since December 2003, and President of the Company since September 2011. Mr. Glaspey has 38 years of operating and management experience in the natural resources industry and holds a Bachelor of Science in Mineral Processing Engineering and an Associate of Science in Engineering Science. His experience includes public company financing and administration, production management, planning and directing resource exploration programs, preparing feasibility studies and environmental permitting.

As illustrated in the project descriptions above, management has a clear vision and a detailed plan to achieve their goals of meeting 200 MW and a market cap of $1 billion by 2020.

Geothermal Advantages Over Wind and Solar

Geothermal is by far the most reliable form of renewable energy. Unlike the intermittent sunshine and wind, geothermal energy taps into the hot water and steam from below the surface of the earth that is continuously being generated from the earth’s magma and provides the most consistent and continually available base load power 24 hours a day, and every day except for short maintenance down times in the spring.

Geothermal Power Availability exceeds 90% compared to 25% for solar at 6 hours per day, and 34% for wind at 8.25 hours per day.

Geothermal power plants have a smaller land footprint compared to wind and solar and have a minimal impact to wildlife.

Geothermal Disadvantages Compared To Wind and Solar

Geothermal has longer development lead times, and higher exploration risks and costs than wind and solar.

Geothermal Provides Lower Cost And More Stable Power To Utilities Compared To Wind and Solar

The following table compiled by California Public Utilities Commission for 2013 illustrates the low cost of geothermal energy paid by electric utilities compared to all other renewable sources.

 

To view this table click here. 

Source: Section 910, CPUC

Geothermal plants have no fuel costs, and over a typical 30-year plant life the fuel costs for a natural gas or coal plant can represent twice their initial capital cost. Over the life of the plant, when capital costs and total fuel costs are weighed, geothermal projects are proving to be a sound investment.

Also consider that while solar and wind technology may continue to advance in efficiency and decrease in capital cost, geothermal operates 24 hours a day and every day of the year while solar and wind are intermittent and deliver far less availability.

Financing U.S. Geothermal Growth Plan

Financing management’s goals is critical to success. U.S. Geothermal has strong banking relationships, and is on schedule with the announcement that a $50 million debt facility from Prudential Capital was just closed with the first $20 million drawn down to support project developments.

“U.S. Geothermal has proven itself to be one of the leading developers and operators of geothermal projects,” said Wendy Carlson, Managing Director of Prudential Capital Group’s Energy Finance Group – Power. “We are excited to provide capital, which will in turn be used to support the Company’s growth prospects. This investment reflects our strategy of being a reliable provider of capital to high quality developers with proven track records in the North American power industry.”

Today’s low interest rates are very attractive to U.S. Geothermal as the initial $20 million loan has a fixed interest rate of 5.8% per annum. The loan principal amortizes over twenty years, with a seven-year term. Principal and interest payments are made semi-annually. With low interest rates forecast for the foreseeable future, debt financing is working in this company’s favor.

Conclusion

U.S. Geothermal enjoys strong success in the renewable energy sector that is poised for major growth over the next decade. The company has announced its billion-dollar growth plan with a pipeline that is well understood. Revenues are fixed and predictable, and are guaranteed by 25-year contracts with utilities.

Compared to the leader Calpine Corp.’s Revenues Per Share and Price Earnings Ratio, U.S. Geothermal shares are undervalued. With approximately 112 million shares outstanding, and a current market share price of $.85, U.S. Geothermal currently carries a market cap of about $92 million. To achieve a billion dollar market cap means a tenfold increase from todays $92 million. Knowing that debt financing will be necessary to fund growth and that equity financing at higher share prices will also very likely be part of the equation, U.S. Geothermal shares are very attractive at these levels.

Investors are encouraged to visit the company’s web site. For more information see www.usgeothermal.com.

Legal Disclaimer:

Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. Emerging Growth LLC may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: http://secfilings.com/Disclaimer.aspx.

SOURCE: Emerging Growth LLC

ReleaseID: 442744

To Help Pay for Production Costs, the Film’s Team Has Launched A.K.A. Bigfoot Project Crowdfunding on Indiegogo

LOS ANGELES, CA / ACCESSWIRE / July 25, 2016 / Producer, writer and actor Gordie Clark is pleased to announce that the fascinating film A.K.A. Bigfoot will begin production in the fall of 2016.

As Clark noted, the storyline of the upcoming film focuses in part on a contest to prove Bigfoot exists. Along the way, participants will discover the eminent danger of man’s existence on Earth.

Making a movie about the legendary tall and hairy creature who roams in the forests in the United States, Canada and other parts of the world is not a new concept. As Clark noted in a short video, Hollywood has already made 100 movies about Bigfoot.

But unlike other movies that depict Sasquatch as a nasty creature that should be feared—for example, harassing and even hurting professors and their students who venture into the woods to look for him—Clark said A.K.A. Bigfoot promises to show him in a different, more positive light.

“The film will not be predictable, and will feature Sasquatch in a totally different manner than before,” Clark said.

“In A.K.A. Bigfoot, he will not be a bad guy.”

It’s no surprise that Bigfoot is such a popular storyline in movies. Literally thousands of people have reported seeing one, Clark said, and thousands more have recorded evidence that the creature exists—for example, by finding and photographing giant footprints of an unknown being in the forest.

In order to help pay for the production costs of A.K.A. Bigfoot, Clark and the rest of the writing and production team recently launched a fundraiser on Indiegogo. They hope to raise $250,000 to help pay for the extensive costs that are associated with making the film.

“Have you ever wanted something so bad you could taste it? That’s how we feel about making this movie,” Clark said.

“We know the story inside out. We can envision how it will look on the screen. Our ears can hear its many sounds. We can visualize Bigfoot and the different characters coming to life through talented actors who will not be acting—they will be the characters. Yes, we are definitely tuned-into this movie project.”

For more information about A.K.A. Bigfoot, or to make a contribution to the Indiegogo campaign, please visit https://goo.gl/vDVbW3.

About A.K.A. Bigfoot:

A.K.A. Bigfoot is a new film about one of the most legendary creatures of all time: Sasquatch. Unlike other movies that portray Bigfoot as an evil being that is intent on harming man, A.K.A. Bigfoot will show him in a different, more positive light.

Contact:

Pearl Reyes
admin@rocketfactor.com
(949) 555-2861

SOURCE: A.K.A. Bigfoot

ReleaseID: 442786

MAGNOLIA, TX / ACCESSWIRE / July 25, 2016 / CEO John Kemp is pleased to announce today that through the efforts from the management team we have been successful in marketing interested parties to have Blue Earth Resources Inc. to sell regional and worldwide distributors the rights for the full use of the CamVac USA patented system. Distributors will be required to pay a distribution upfront fee for the use of the CamVac USA patented system and also will pay royalties for the lifetime of their usage. Currently we have several interested parties for this program and Blue Earth Resources Inc. will be looking for more regional and worldwide distributors.

Furthermore, Blue Earth Resources Inc. would like to offer to all investors, current and future shareholders the same opportunity to become a distributor for the CamVac USA patented technology and Blue Earth Cleaners Inc. products. BERI is currently working on a distributor business plan and agreements to benefit the company along with the distributors to be able to capitalize on this great patented technology and great cleaning products that are owned 100% by BERI shareholders. Anyone interested in becoming a CamVac USA or Blue Earth Cleaners distributor please contact Blue Earth Resources Inc. at 832-988-5199 or email at info@blueearthresources.com.

John Kemp stated, “BERI is being currently structured as an acquisition and holding company and it would be a shame not to include this great technology as one of the biggest assets for the BERI shareholders. I also believe the patented technology also compliments products manufactured by Blue Earth Cleaners which is another 100% asset of BERI shareholders. All the products of Blue Earth Cleaners Inc. will be available to all CamVac USA distributors and will add additional revenue stream to Blue Earth Cleaners Inc. I have had numerous emails and calls from investors who have invested into Blue Earth Resources Inc., for the CamVac USA patented technology it’s only fair that management gives it our best effort to utilize this patented technology to make all long term shareholders happy. This will allow Blue Earth Resources Inc. and its shareholders to be in a position to take BERI to the next level for further acquisitions and a valuable improvement in cash flow and of the stock value and stock ranking of the company. BERI, with a positive cash flow from these two entities and HOTTIES Sports Bar & Grill restaurants will all become big assets for the shareholders of BERI without diluting the stock value.”

Blue Earth Resources Inc. would like to also update shareholders on the first corporate location for HOTTIES Sports Bar & Grill in Austin, Texas. BERI is still working to have this finalized within the next few weeks but due to the constant demand and competition for new restaurants in this area. Management wants to be 100% sure that this area and location is the best opportunity for BERI shareholders. We will update BERI shareholders as soon as the decision, location and lease have been finalized with the BERI shareholders. Investment being our greatest concern in mind to make this successful for everyone involved. Thank you for being a current or future shareholder of Blue Earth Resources Inc.

About Blue Earth Resources Inc.:

Blue Earth Resources, Inc. is trading on the OTCPINK under the symbol BERI. The Company is an independent holding and acquisition company engaged in the acquisition, development and production of many types of businesses. The Company seeks to deliver strong shareholder returns through an effective acquisition and development program that incorporates sound business practices with the strong experience of our management team. The goal is to steadily increase proven business models and to be able to participate with business owners who are specialist in their own business’ which, in turn, will lead to enhanced cash flows and earnings per share. The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements, which do not reflect unknown or unanticipated events or circumstances occurring after the date of these forward-looking statements.

Contact:

Blue Earth Resources Inc.
John Kemp CEO
832-988-5199
jkemp@blueearthresources.com

SOURCE: Blue Earth Resources Inc.

ReleaseID: 442768

NEW YORK, NY / ACCESSWIRE / July 25, 2016 / Next Graphite, Inc. (OTC PINK: GPNE) (“Next Graphite,” “GPNE” or the “Company”), a graphite exploration/development stage company in the African Republic of Namibia, is pleased to announce recent assay results for samples of graphite veins from the lower adit and further assays of screened dump material at its Aukam graphite project.

Chip channel samples were taken from three graphite veins exposed in the lower adit and assayed between 18.34% Cg an 56.06% Cg (see table below).

The first sample, taken close to the entrance to the adit, assayed 18% Cg (carbon as graphite) over 0.9 metres (true width of 0.85 metres). A second sample taken at the intersection of the adit with a crosscut assayed 41.98% Cg over 0.84 metres (true width of 0.83 metres). The third sample was taken from the wall of a 2.2 metre wide stope near the end of the adit and assayed 52.08% Cg. With the exception of the low grade sample RM-001 (table below), results of these assays are consistent with historical assays of graphite veins that range from 41.21 to 68.85% Cg.

Three separate two-to-four kilogram grab samples of screened and sorted material from the dumps produced by the ongoing bulk sampling program assayed 41.55% Cg to 53.48% Cg. Previous assay results have ranged from 55.64% Cg to 63.87% Cg (see news release dated June 14, 2016). The average grade of the ten samples taken to date is 56.29% Cg.

“We are impressed with the consistency of assays from the screened and sorted material produced during the bulk sampling program,” said Cliff Bream, President and CEO of Next Graphite. “This indicates that the screening and sorting is achieving the desired outcome of generating an upgraded graphitic product. In addition, and very importantly, the initial sampling of the veins in the underground adit demonstrates the high grade nature of the veins. Next Graphite’s joint venture plans to follow up on these successful results with additional underground exploration.”

Sample Number

Sample Type

Description

True Thickness (m)

Carbon as Graphite (Cg %)

RM-001

Channel chip

Graphite Vein

0.85

18.34

RM-002

Channel chip

Graphite Vein

0.83

41.98

RM-003

Channel chip

Graphite Vein

Unknown

56.06

AUK-U-88

Grab

Dump material

N/A

41.55

AUK-U-89

Grab

Dump material

N/A

53.48

AUK-U-90

Grab

Dump material

N/A

52.08

About Next Graphite, Inc.:

Next Graphite, Inc. is an exploration / development stage company targeting the growing global graphite production industry with the Company’s Africa-based Aukam Graphite Project. The Aukam Graphite Mine was established in 1940 in the current Republic of Namibia and produced USD $30 million of graphite at today’s prices. The site is located on 34,082 hectares in southern Namibia close to the port city of Luderitz and is estimated to contain a significant amount of high grade, vein type graphitic material.

The property hosts three underground adits that were mined periodically between 1940 and 1974. Five dumps from the historical mining occur on the property and 73 samples from the lower three dumps were assayed and averaged 42% Cg. Next Graphite’s joint venture is planning a bulk-sampling program at Aukam, and the joint venture has a letter of intent to sell the graphitic material produced during the program. Next also intends to put the historical mine back into production and is working on an application for a mining license. The Company’s joint venture in Namibia maintains high safety and environmental standards and has a comprehensive strategy of social engagement.

For more information, please visit: www.nextgraphite.com.

For graphite product enquiries:

Arno Brand
Boswell Projects
+1 416-561-4095
abrand@boswellprojects.com

Safe Harbor Statement:

This press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Next Graphite Inc.’s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Africa, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements. Among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Africa, general economic conditions; geopolitical events and regulatory changes, availability of capital, the Company’s ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

CONTACT:

Steve Nichols
210.260.3125

SOURCE: Next Graphite, Inc.

ReleaseID: 442767

LONDON, UK / ACCESSWIRE / July 25, 2016 / Mezzi Holdings Inc. (“MEZZI”, “MEZZI BRAND GROUP” or the “Company”) (TSX-V: MZI, FRA: 0MZ) is pleased to provide a corporate update.

In June, the Company achieved the largest ever product launch with the introduction of the summer capsule collection that included 4 styles in multiple colourways. This collection is the fastest selling that MEZZI has produced. The launch of this collection marked the commercialization and final testing of our completely rebuilt supply chain. With multiple contract manufacturers now able to produce MEZZI products in volume; to exacting quality and specifications, the Company can now greatly increase production to meet demand. This positions the Company to launch a new major sales and distribution strategy.

The Company, through its unique network, plans to align and work with multiple major celebrity influencers and brand ambassadors. These influencers have a history of aligning with top brands and have unrivaled social media followings.

“Having assembled an all-new supply chain over the last 12 months and putting it through its paces, MEZZI is now ready to launch the next phase working with world-class influencers and brand ambassadors that are traditionally attainable only by larger, mature brands,” Keir Reynolds, CEO, commented.

About MEZZI BRAND GROUP

MEZZI Brand Group is a Vancouver-based consumer accessory brand management company. We believe that great brands are built one great product and one valued customer at a time. We have gathered a group of young talented experts ranging from accessory design, product development, marketing, branding, e-commerce, digital media and PR to build and scale our millennial-customer focused brands. A well-defined, strategic philosophy and clear mission statement promotes and protects MEZZI Brand Group’s most valuable assets – our brands – MEZZI Smart Luxury, Capital Eyewear and MLine Cases.

For further information, please contact:

Mr. Keir Reynolds
CEO
Tel: (778) 998-9242
Email:
keir@mezzi.com

ON BEHALF OF THE BOARD

Keir Reynolds
Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

SOURCE: Mezzi Holdings Inc.

ReleaseID: 442774

The New Company Website, Delfin.co.in, Offers In-Depth Information on their Innovative Home Automation Solutions

CHENNAI, INDIA / ACCESSWIRE / July 25, 2016 / The founders of Delfin Automation Systems, a home automation company in Chennai, are pleased to announce the launch of their new and user-friendly official company website.

As a company spokesperson noted, the new website will allow the company to promote their innovative home automation solutions, including home automation, lighting automation and top quality automated home security systems.

While in an embryonic stage itself, Delfin managed to bag some prestigious projects for home automation in Chennai like Livia Spaces @ Luz and their clientele includes many sophisticated people from various segments and sectors of the society.

“Our early day strategy was to focus on the luxury or super rich class of the society, as home automation had always been associated with this segment based on the affordability,” noted a spokesperson for the Chennai based home automation company, adding that Delfin Automation System has also successfully completed a partnership with Control4 for the past couple of years. This partnership has already established Delfin as one of the top home automation companies in Chennai.

“We have also managed to get to on the verge of becoming one of the Gold Dealers in India,” the spokesperson said.

Delfin Automation Systems has earned a well-deserved reputation for providing home automation solutions the Chennai residents can count on.

“With the emergence of IOT (Internet of Things) and steep growth of other existing communication protocols like zigbee, zwave, etc., all the devices, appliances and gadgets gets an additional sense of intelligence and get to talk among themselves, work in a perfect correlation and harmony. Also, they respond to the queries and commands of the users even with the help of voice prompting,” the spokesperson noted.

“With Smart Home Automation System, the world has become really small and has come within our palm. No matter which corner of the world you are in, you will still be able to monitor and control right from the main gate of your house the garage door, lights, Air conditioners, water heaters, Televisions, Music systems, washing machine and so on.”

“Our aim is to realise all these in a much more affordable budget, target the middle and upper middle class segment of the society and position ourselves as one point shop for a complete Home Automation Solution satisfying the needs of everyone,” noted the spokesperson from the home automation system in Chennai company.

To learn more about Delfin Automation Systems – a fast growing, reputed home automation company in Chennai, people are welcome to visit the new website any time.

About Delfin Automation Systems:

Delfin Automation Systems is an incarnation of the dream of two Instrumentation and Automation engineers with hands-on experience in automating many process industries, refineries, power plants, etc. The company, which was established by the end of second quarter, 2013 as a start-up, has already been chosen as one of the premium Home Automation Systems and Products manufacturer. For more information, please visit http://www.delfin.co.in/.

Delfin Automation Systems
1A, Ashraya, Palgalai Nagar
University Layout
Palavakkam
Chennai-600041
Tamil Nadu
India
Phone: 099629 91509

Contact:

Vikram
info@delfin.co.in
9962991509

SOURCE: Delfin Automation Systems

ReleaseID: 442787