For
Thursday, October 16th
BSTI, MVSR, GCHK, GTWO, NHYT, CPRK
CSAR, OCCXD, BPSG, BLDR, ALTI, CHTR
Our Stocks to Watch today include Brite-Strike Technologies Inc. (OTC: BSTI), Medivisor Inc. (OTC: MVSR), GreenChek Technology Inc. (OTCBB: GCHK), Gen2Media Corp. (OTCBB: GTWO), Neohydro Technologies Corp. (OTCBB: NHYT), Copper King Mining Corp. (OTC: CPRK), Caraustar Industries Inc. (Nasdaq: CSAR), OccuLogix Inc. (Nasdaq: OCCXD), Broadpoint Securities Group Inc. (Nasdaq: BPSG), Builders FirstSource Inc. (Nasdaq: BLDR), Altair Nanotechnologies Inc. (Nasdaq: ALTI) and Charter Communications Inc. (Nasdaq: CHTR).

FEATURED
COMPANY

BRITE-STRIKE TECHNOLOGIES INCORPORATED (OTC: BSTI)
"Up 12.58% in morning trading"
Detailed
Quote: www.otcpicks.com/quotes/BSTI.php
Company
Profile: http://www.otcpicks.com/brite-strike/brite-strike.htm
Brite-Strike Tactical Illumination Products, Inc. was started by two police officers to create world-class tactical LED flashlights that had the features that police officers and citizens need to keep them safe. Brite-Strike makes a promise to always use the latest technology, world-class components, highest design and manufacturing standards, so consumers can rely on Brite-Strike products when they are needed.
BSTI News:
October 6 -
Brite-Strike Tactical Illumination Products, Inc. Receives Solar Product Patent
Brite-Strike Tactical Illumination Products, Inc. (OTC: BSTI) announced that it and Glenn Bushee, President of the Company, were awarded US Patent No. 7,350,692, for a Solar Powered Mailbox/Driveway Lamp. The product, the first commercial product the company has developed which utilizes LED lighting powered exclusively by small solar panels, will be introduced in 2009. The Company plans on developing and distributing products which have the potential to revolutionize the use of LED lighting in this country, through a wholly owned division, Brite-Strike Technologies.
"This product will be our first entry that marries the energy efficiency of LED light with the portability of solar," said Glenn Bushee, President of Brite-Strike. "The technology we developed for our revolutionary tactical flashlights has direct applications for many lighting applications, as we can produce a light far brighter than those currently available in the marketplace. LED lights only use 5% of the equivalent energy of incandescent lights, with almost no heat, so developing products utilizing this technology can make major inroads in cutting energy consumption in this country. Our first product will be of the highest quality, and will function as a driveway lamp with mailbox light, address number lights, and an optional motion-activated light with camera-all powered by solar, with no external wiring required. It will offer incredible value for the consumer. We have other more significant products which we are working on, which will be announced in the weeks to come," said Mr. Bushee.
FEATURED
COMPANY

MEDIVISOR INCORPORATED (OTC: MVSR)
Detailed
Quote: www.otcpicks.com/quotes/MVSR.php
Company
Profile: http://www.otcpicks.com/medivisor/medivisor.htm
Medivisor, Inc. provides medical information to healthcare professionals, primarily physicians, through its Web sites, using inter-active, informational, and video and graphic presentations. It also focuses on offering Web site services to various industries seeking direct access to physicians, including providers of continuing medical education courses; sponsors of medical conferences and seminars; and pharmaceutical companies, using an online marketing format known as e-detailing. The company was founded in 2002 and is headquartered in Huntington Station, New York.
MVSR
News:
October 15 - Medivisor, Inc. Signs Additional Agreement for Distribution of 'Maximum Energy Shot'; Terms Include $500,000 Minimum Orders for Renewable Contract
Medivisor, Inc. (OTC: MVSR), developer of next-generation focus driven marketing tools, announced today that it has entered into an agreement with Stack-It Distributors, Inc. for the distribution of its newly announced energy drink, Maximum Energy Shot. Medivisor has retained Stack-It Distributors, Inc. to distribute its energy drink, and Stack-It Distributors Inc. is to provide minimum orders of $500,000 for an annually renewable contract. The agreement with Stack-It Distributors is substantially similar to Medivisor's previously announced agreement with Market Quest USA.
"Industry dynamics are changing at a rapid pace and the opportunity to enter into the fastest growing segment of the beverage industry, energy drinks, along side of Medivisor, Inc. is a great opportunity," stated Stack-It President Robert Kaible. "We share common vision and values and expect the brand, Maximum Energy Shot, to be a sales success."
Stack-It Distributors, Inc. is a full-service distribution company committed to being the beverage distributor of choice in the Northeast, sustaining profitable growth for the brands it represents. Headquartered on Long Island, NY, Stack-It prides itself on providing remarkable service to its customers and providing a great culture for its teammates.
FEATURED
COMPANY

GREENCHEK TECHNOLOGY INCORPORATED (OTCBB: GCHK)
Detailed
Quote: http://www.otcpicks.com/quotes/GCHK.php
Company
Profile:
http://www.otcpicks.com/greenchek-technology/greenchek-technology.htm
GreenChek Technology, Inc. manufactures and distributes hydrogen injection technology devices that primarily focus on mobile transportation applications and industrial generative power applications. It also provides mobile greenhouse gas emissions reduction technology. The company's Onboard Hydrogen Generation and Injection technology is used for emissions reduction technology and fuel economy enhancement in trucks, locomotives, and automobile engines. It has operations in the United States, Canada, Asia, and Europe. The company, formerly known as Ridgestone Resources, Inc., was founded in 2006 and is headquartered in San Francisco, California.
GCHK News:
October 14 -
GreenChek Announces a More Aggressive Strategic Plan Following 3rd Party Certification Results
GreenChek Technology Inc. (OTCBB: GCHK), a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, reported that they are fast-tracking their Strategic Sales Plan as a result of the certification process which confirmed prior results of in-house testing. Management is currently targeting Chinese and Canadian companies for rapid deployment of our products.
GreenChek manufactures an emission reducing device simply known as the ERD 1.0, which can be retrofitted to any vehicle or combustible engine regardless of fuel source. This device reduces vehicle emissions as well as increases fuel economy.
GreenChek’s Chief strategy Officer, Donald Walling who was involved directly in the certification process pointed out that, “The validation of our ERD 1.0 with our successful 3rd Party certification from a world recognized company such as Clean Air Technologies Inc., has reaffirmed the significance of our technology.” Walling further noted, “This has given our senior management team even more confidence for us to more aggressively forge forward with our Strategic Plan as well as in building our strategic alliances and plans for Europe.”
GreenChek’s President and CEO Lincoln Park added, “Initially our plan called for GreenChek to make aggressive inroads into Europe and the United States in Q4 2008 through to Q2 2009. We had originally planned to enter the markets in China and Canada late 2009 and into 2010. However, since our 3rd Party Certification we are now more optimistic and are currently entertaining discussions with various Chinese companies in addition to mapping out our approach to attack and penetrate the Canadian market as well.”
FEATURED
COMPANY

GEN2MEDIA CORPORATION (OTCBB: GTWO)
Detailed
Quote: www.otcpicks.com/quotes/GTWO.php
Company
Profile: http://www.otcpicks.com/gen2media-corp.htm
Gen2Media Corporation, a development stage company, owns a patent-pending technology for the display of online video. It operates a Web site, E360live.com, which is an online digital television service providing multi-channel video programming. The E360Live Network provides subscribers with access to various channels of video that is transmitted directly to the subscriber via the Internet and to the mobile device. The subscribers can watch pre-programmed channels or create their own channels by selecting from the list of approximately 15,000 music videos, television shows, movies, sports, events, concerts, and exclusives. The company was founded in 2006 and is based in Orlando, Florida.
GTWO
News:
October 7 - Gen2Media Income Statement Now Online
Visit http://finance.yahoo.com/q/is?s=gtwo.ob&annual to access Gen2Media's most recent income statement.
FEATURED
COMPANY

NEOHYDRO TECHNOLOGIES CORPORATION (OTCBB: NHYT)
Detailed
Quote: www.otcpicks.com/quotes/NHYT.php
Company
Profile:
http://www.otcpicks.com/featured-stock/neohydro-technology.htm
Neohydro Technologies Corp. engages in the acquisition and exploration of mineral resources. It intends to explore for gold. It owns interest in the Rio Lode Claim, which is located within the Yellow Pine Mining District of Clark County, Nevada. The company, formerly known as Rioridge Resources Corp., was founded in 2007 and is based in Piscataway, New Jersey.
NHYT
News:
October 13 - Neohydro Technologies Corporation Awarded "Most Promising Energy & Clean Technology Company" at Rice Alliance Energy & Clean Technology Venture Forum
Neohydro Technologies Corp. (OTCBB: NHYT) was named one of the top ten most promising Energy & Clean Technology companies at the 6th Annual Rice Alliance for Technology & Entrepreneurship Energy & Clean Technology Venture Forum in Houston. Energy & Clean Technology companies showcased their new ventures for an audience of more than 600 attendees, including investors, venture capitalists, industry representatives, business leaders, advisors/mentors, service providers, and entrepreneurs.
Neohydro Technologies Corp. has developed a mobile water sterilization technology which uses a proprietary high-voltage electrolysis device that transforms water. The technology allows us to transform the way water is used in industrial and agricultural applications as well as in non-traditional applications. Neohydro can transform water into a safe and powerful sterilant for use in the medical industry. Water re-use is a fast-growing sector in many different industries.
On the surface, these applications seem unrelated, but due to unique properties of the technology, it is able to change the nature of the water itself. “Dirty” water, collected during oil and gas drilling, becomes usable for many industrial and agricultural applications, including irrigation. “Clean” water, becomes a sterilant capable of killing the most harmful of pathogens.
Neohydro’s proprietary technology uses only DC current and the waste water itself to naturally oxidize and kill all bacteria, virus, fungi, mold, BOD’s and COD’s. Perchlorates, arsenic, most metals, and all gases are neutralized during the sterilization process.
Dean Themy, CEO of Neohydro states, “I am very honored and pleased that our company has been recognized by such a prestigious group of individuals and corporations. Rice University is well-known as a top entrepreneurial university. Most recently, the Princeton Review named Rice University among the top schools in America for development of entrepreneurial companies. The audience included several CEO’s of fortune 100 companies, some of the finest venture firms, and many academics from around the world. This recognition further propels Neohydro by endorsing our technology and business plan.”
The one-day event culminated in an announcement of the Most Promising Energy & Clean Companies chosen from nearly 60 competitors and judged by the Rice Alliance Information Technology Advisory Board, based on the companies’ elevator pitch presentations. The exercise simulates meeting an investor on an elevator and having only 90 seconds to convince them to invest in your company.
Rice Alliance Managing Director Brad Burke, announced the winners of the Most Promising Energy & Clean Technology Company awards at the event. “Every year the quality of companies improves. Many of the companies at this year’s event have developed prototypes, obtained proven results and are on their second round of funding. This makes them more appealing to investors, who have also expressed appreciation for the quality of the companies.”
The Forum was supported by Chevron Technology Ventures, Locke, Lord, Bissell & Liddell, Shell, Kenda Capital, British Consulate General – Houston, UK Trade & Investment, UK Science & Technology, Huron Consulting Group, Applied Ventures, Canada Consulate General, Winstead, Leyendecker & Associates, with supporting organizations Greater Houston Partnership, Houston Technology Center, and Opportunity Houston and media sponsors Houston Business Journal and the BusinessMakers Radio Show.
October 13 - Neohydro Technologies Corp. Given 'Speculative Buy' Rating, Target Price $0.84 by Beacon Equity Research
Neohydro Technologies Corp. (OTCBB: NHYT) has received a “Speculative Buy” rating with a price target of $0.84 by Beacon Analyst, Victor Sula, Ph.D.
The full report is available at http://beaconequity.com/main/Covered-Companies/Neohydro-Technologies-Corp/(showAs)/short. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
In the report, the analyst writes, “The Company is bringing a proven new technology to the wastewater industry, seeking a non invasive solution that follows environmental laws, does not harm the human race, and helps conserve the earth’s most precious commodity — water. The water is treated on-site with no toxic chemicals, using only electrical power, NHYT’s proprietary electrodes and wastewater. In fact, NHYT is the only company that uses high voltage electrolysis to generate electro oxidants.”
Other companies in wastewater treatment sector include: Ecolab Inc. (NYSE: ECL), Calgon Carbon Corp. (NYSE: CCC), Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI).
FEATURED
COMPANY

COPPER KING MINING CORPORATION (OTC: CPRK)
Detailed
Quote: www.otcpicks.com/quotes/CPRK.php
Company
Profile:
www.otcpicks.com/copper-king-mining/copper-king-mining.htm
Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.
CPRK News:
October 14 -
Copper King Mining Corporation Announces Further Mining Updates
Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Southern Utah, provided further updates concerning its operations.
Ore Body Discoveries
New drillings in the company’s current mine locations recently revealed that the ore body present is much larger than expected. In three drilled holes, several hundred feet from the known ore body, the company discovered extended intervals of over 1.00% copper, with corresponding gold and silver averages. Current “Check” assays from Chemex confirmed that the high-grade ore from the company’s Hidden Treasure mine is over 50% copper with a substantial gold credit equivalent of over 0.05 ounces per ton.
Mill Completion and Positive Cash Flow
The company expects the Flotation Mill to be fully online and the flow sheet perfected by January 2009, with positive cash flow following. The company expects to be in a position to pay its first dividends by June 2009.
STOCKS
TO WATCH
CARAUSTAR INDUSTRIES INCORPORATED (NASDAQ: CSAR)
"Up 40.98% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/CSAR.php
Caraustar Industries, Inc., through its subsidiaries, manufactures and markets recycled paperboard and converted paperboard products in the United States and Canada. It operates in four segments: Paperboard, Recovered Fiber, Tube and Core, and Folding Carton. The Paperboard segment produces uncoated recycled paperboard, as well as clay-coated recycled paperboard. The Recovered Fiber segment collects, sells, and brokers recovered fiber. The Tube and Core segment produces tubes and cores that are used in textile cores, paper mill cores, yarn carriers, carpet cores, and film, foil, and metal cores. It also manufactures specialty converted products used in industrial packaging protection applications. The Folding Carton segment manufactures folding cartons and rigid set-up boxes, which are used principally as containers for paper goods, hardware, candy, sporting goods, frozen foods, dry food, film, and various other industrial applications, including textile and apparel. The company, through its joint venture with Temple-Inland, Inc., produces a lightweight gypsum facing paper along with containerboard grades. Caraustar distributes its products through its own sales force, and divisional and corporate level sales personnel, as well as direct sales. The company was founded in 1938 and is based in Austell, Georgia.
CSAR
News:
October 10 -
Webcast Alert: Caraustar Industries, Inc. Announces Third Quarter 2008 Financial Results Webcast
Caraustar Industries, Inc. (Nasdaq: CSAR) announces the following Webcast:
What: Third Quarter 2008 Financial Results
When: Friday, October 31, 2008 at 9:00 a.m. ET
Where: www.caraustar.com
How: Live over the Internet at the address above
Contact: Janice Kuntz, Investor Relations, 404-352-2841
Those unable to participate during the live webcast, can listen to the archived call in the Investor Relations section (presentations/webcasts) of the company's Web site.
OCCULOGIX INCORPORATED (NASDAQ: OCCXD)
"Up 20.00% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/OCCXD.php
OccuLogix (www.occulogix.com) is a healthcare company focused on ophthalmic devices for the diagnosis and treatment of age-related eye diseases. Its wholly-owned subsidiary, OcuSense, Inc. (www.ocusense.com) is an in vitro diagnostics company developing and commercializing novel, laboratory-on-a-card technologies that enable eye care practitioners to test for highly sensitive and specific biomarkers in tears at the point-of-care.
OCCXD News:
October 15 -
OccuLogix Provides Progress Update on the Commercial Development of Its TearLab™ Osmolarity System
OccuLogix, Inc. (Nasdaq: OCCXD) (Toronto: OC.TO) provided an update on the progress made by its wholly-owned subsidiary, OcuSense, Inc., in the commercial development of its TearLab Osmolarity System ("TearLab").
TearLab has recently received CE mark approval, clearing the way for sales in the European Union and all countries recognizing the CE Mark. In connection with the CE mark clearance, OcuSense has achieved multi-year agreements with four distributors for exclusive distribution of TearLab in five European Union countries. Beginning immediately, TearLab will be available in:
* United Kingdom and the Republic of Ireland distributed by the Birmingham Optical Group;
* Germany distributed by Bon Optic;
* Spain distributed by Equipsa; and
* Italy distributed by SIFI Diagnostics
Additional European countries will be added during the coming months as the Company expands its distribution network.
"The introduction of TearLab into the eye care market addresses the unmet need for simple, point-of-care tests that can generate objective physiological data for improving the quality of clinical decision making," said Eric Donsky, OccuLogix' CEO.
"In addition, the ability to perform tear osmolarity testing in the office, using any member of the clinical staff, is a significant improvement upon current methods of assessing tear osmolarity," continued Donsky.
ABOUT OSMOLARITY
Studies have shown that osmolarity, the measurement of total solute concentration in patients' tears, is objective and quantitative, and a highly specific biomarker. In dry eye disease, the accuracy of tear film osmolarity is considered superior to any other single test for dry eye analysis, including Lactoplate, Schirmer's test, and corneal staining.
Measuring osmolarity using current in-lab testing technologies presents a challenge because of the need for large volumes of tear fluid. Currently, osmolarity can only be tested in reference labs, which makes this type of testing difficult because of the need to either ship samples and risk evaporation, or require the patient to travel to a lab for testing.
ABOUT TEARLAB™
The introduction of the TearLab Osmolarity System marks a significant change in how tear osmolarity testing will be conducted. The TearLab technology uses a novel "lab-on-a-chip" approach that requires less than 50 nL (nanoliters) of tear fluid in order to measure tear osmolarity. By using such a small amount of tears, the TearLab Osmolarity System mitigates issues that have hindered practical, objective point-of-care osmolarity testing. The system consists of three components: the TearLab Osmolarity Test Card, the TearLab Reader and the TearLab Pen.
BROADPOINT SECURITIES GROUP INCORPORATED (NASDAQ: BPSG)
"Up 9.05% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/BPSG.php
Broadpoint Securities Group, Inc. is an independent investment bank that serves the institutional investor and corporate middle market by providing clients with strategic, research-based investment opportunities, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services. The Company offers a diverse range of products through the Debt Capital Markets division of Broadpoint Capital, Inc., its new Equity Capital Markets Division, American Technology Research, Inc., its mortgage-backed security/asset-backed security trading subsidiary, Broadpoint Securities, Inc. and FA Technology Ventures Inc., its venture capital subsidiary.
BPSG News:
October 16 -
Broadpoint Securities Group Completes Merger of Two Principal Broker-Dealers
Broadpoint Securities Group, Inc. (Nasdaq: BPSG) announced that it has completed the merger of two of its principal broker-dealer subsidiaries, Broadpoint Capital, Inc. and Broadpoint Securities, Inc. The two firms were merged into a single broker-dealer under the name Broadpoint Capital, Inc. The Company believes that the merger will increase efficiencies by enhancing the integration of services and processes across the firm’s business lines.
BUILDERS FIRSTSOURCE INCORPORATED (NASDAQ: BLDR)
"Up 25.00% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/BLDR.php
Headquartered in Dallas, Texas, Builders FirstSource is a leading supplier and manufacturer of structural and related building products for residential new construction. The company operates in 12 states, principally in the southern and eastern United States, and has 65 distribution centers and 61 manufacturing facilities, many of which are located on the same premises as our distribution facilities. Manufacturing facilities include plants that manufacture roof and floor trusses, wall panels, stairs, aluminum and vinyl windows, custom millwork and pre-hung doors. Builders FirstSource also distributes windows, interior and exterior doors, dimensional lumber and lumber sheet goods, millwork and other building products.
BLDR News:
October 16 -
Builders FirstSource Exiting New Jersey Market
Builders FirstSource, Inc. (Nasdaq: BLDR), a leading supplier and manufacturer of structural and related building products, announced its decision to exit the New Jersey market. The Company operated a distribution center, a manufacturing facility and three showrooms. We expect to have facility closure costs and possibly further asset impairments related to these facilities in the fourth quarter of 2008. The estimated cash savings over the next two years is $5 to $7 million.
Floyd Sherman, Builders FirstSource Chief Executive Officer, said, “These difficult and unprecedented economic times forced us to make very hard decisions to maintain the Company's financial health. Our employees in New Jersey made every effort to successfully implement our business model in this market. I commend our employees for their efforts, but we do not see enough long-term potential to support continuing our operations in New Jersey. With the continued difficult economic conditions, we decided to exit this market now, rather than continue our efforts with the probability of exiting the market at a later date. We see challenging times ahead of us, but we will continue our focus on maintaining the financial health of the Company during this difficult period.”
ALTAIR NANOTECHNOLOGIES INCORPORATED (NASDAQ: ALTI)
"Up 12.58% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/ALTI.php
Altairnano is an innovator and supplier of advanced novel, ceramic nanomaterials. A seasoned management team with substantial experience in commercializing innovative, disruptive technologies, complements Altairnano's leading edge scientists. The company has developed nanomaterials for the alternative energy, life sciences and performance materials markets based on its proprietary manufacturing process. This process also provides the foundation for its innovative AHP pigment process. Altairnano is a leading manufacturer of advanced battery pack systems, which are used in stationary power applications, and electric and hybrid-electric vehicles. For more information, visit www.altairnano.com.
ALTI News:
October 16 -
Altair Nanotechnologies Receives $540,000 Order for Hybrid Electric Vehicle Battery Packs
DesignLine International to Equip Hybrid Demonstration Buses With Batteries Utilizing Altair's HEV Battery Packs
Altair Nanotechnologies Inc. (Nasdaq: ALTI), a leading provider of advanced materials and products for power and energy systems, today announced it received an initial $540,000 order for four hybrid electric vehicle (HEV) demonstration battery packs from DesignLine International. The HEV battery packs will be utilized in buses for three city transit customers, and one HEV battery pack will be used for a modular testing program.
"This key, initial milestone in our HEV commercialization strategy leverages the distinctive value our technology can bring to the mass transit sector," said Terry M. Copeland, Altair's Chief Executive Officer. "With the completion of a successful demonstration program, we can anticipate an initial ramp-up of orders from DesignLine in 2009. We are aggressively pursuing similar opportunities in the mass transit sector and fully expect to have more customer wins with our enabling technology."
Altair will provide DesignLine International with 11Ah cells, which will be assembled into four 44kWh demonstration battery packs. Altair will configure the cells into modules and then integrate a battery management system supplied by DesignLine International. During the assembly process Altair will train DesignLine's personnel, preparing them to perform future modular assembly without Altair's assistance.
"The Altair lithium titanate cell technology in our proprietary battery design is particularly well suited for the DesignLine EcoSaver IV Hybrid System allowing the delivery of a superior performing product to our mass transit customers," said Brad C. Glosson, DesignLine International's Chief Executive Officer. "The selection of Altair battery cells for the company's hybrid demonstration buses was based on meeting four key criteria: the high energy capturing efficiency of the cells; its energy density to weight capability; the cell's ability to rapidly charge and discharge in temperatures ranging from -40 degrees C to +55 degrees C; and a long cycle life that complements our technically advanced vehicle platform."
DesignLine targets the mass transit sector with buses constructed with advanced, extruded aluminum technology for superior strength and reduced weight. The company employs a component manufacturing strategy and a manufacturing process that has been refined to approximate automotive tolerances. The bus features a curved, streamlined body, an expansive use of seamless windows, and provides a luxury ride for up to 42 passengers. The HEV bus operates in an electric-only mode for as much as 30 percent of its range and provides a 100 percent improvement in fuel economy over a diesel bus, with fuel savings of up to 6,000 gallons per year.
ABOUT DESIGNLINE INTERNATIONAL
Headquartered in Charlotte, North Carolina, with manufacturing facilities in Charlotte and Ashburton, New Zealand, DesignLine was established in 1985 and produces high quality coaches, buses and specialty vehicles for the worldwide market with particular focus on its industry leading ECOSaver IV hybrid vehicle.
CHARTER COMMUNICATIONS INCORPORATED (NASDAQ: CHTR)
"Up 12.10% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/CHTR.php
Charter Communications, Inc. is a leading broadband communications company and the third-largest publicly traded cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter Digital Cable® video entertainment programming, Charter High-Speed® Internet access, and Charter Telephone®. Charter Business™ similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, video and music entertainment services, and business telephone. Charter’s advertising sales and production services are sold under the Charter Media® brand.
CHTR News:
October 15 -
Charter Announces Interim Results and Amendment of $100 Million Tender Offer for Debt Securities
Charter Communications, Inc. (Nasdaq: CHTR) announced interim results and amendment for the previously announced cash tender offer by its subsidiary, Charter Communications Holding Company, LLC (“Charter Holdco”), to purchase an amount of Notes (including accrued and unpaid interest) of Charter Communications Holdings, LLC not to exceed $100 million (the “Maximum Payment Amount”).
As of 5:00 p.m. Eastern Daylight Time (ET) on October 14, 2008, approximately $69 million of Notes having an Acceptance Priority Level of 1 were tendered. No change has been made to the Total Consideration or Tender Offer Consideration for any series of Notes having an Acceptance Level Priority of 1. The initial settlement date for Notes having an Acceptance Priority Level of 1 that were tendered prior to the Early Tender Time is expected to occur on October 17, 2008.
Charter Holdco has decreased the Tender Offer Consideration and the Total Consideration for each series of Notes having an Acceptance Priority Level of 2 (the “Affected Notes”), validly tendered and accepted for purchase pursuant to the Offer. The “New Tender Offer Consideration” and “New Total Consideration” for each $1,000 principal amount of Affected Notes are set forth on the table below. The Early Tender Time for the Affected Notes has been extended until the Expiration Time, which is 5:00 p.m. ET, on Wednesday, October 29, 2008. Consequently the New Total Consideration includes the Early Tender Premium of $15.00 per $1,000 principal amount of Affected Notes payable to Holders that validly tender, and do not validly withdraw, their Affected Notes at or before the Expiration Time and whose Affected Notes are accepted for purchase.
Withdrawal rights for the Affected Notes have been extended such that tenders of Affected Notes made at or before 5:00 p.m. ET, on Tuesday, October 14, 2008, may be validly withdrawn at or before the Expiration Time; however, tenders of Affected Notes made after 5:00 p.m., ET, on Tuesday, October 14, 2008, may not be withdrawn except to the extent required by law.
Citi Contact Information
Citi is the Dealer Manager for the Tender Offer. Global Bondholder Services Corporation is the Information Agent and Depositary. This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The offer is made only by an Offer to Purchase dated September 30, 2008, as supplemented by the Supplement to the Offer to Purchase dated October 15, 2008, and the information in this news release is qualified by reference to the Offer to Purchase. Persons with questions regarding the offer should contact the Dealer Manager at (212) 723-6106 or toll-free at (800) 558-3745, or the Information Agent at (212) 430-3774 or toll-free at (866) 294-2200.
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