iPackets International, Inc. (OTC: IPKL) - Wednesday's shares stayed even at $0.0006 per share with a total of 133,135,458 shares traded. The company announced that it's management team has wrapped up a seven-day trip to China to lay the foundation of its Chinese Joint Venture ("JV") operation. The management team conducted several meetings with its JV partners, China Coal Information Institute ("CCII") and Henan YongAn Investment Guarantee Co. ("YongAn") in the city of Jiaozuo, Henan province (China's second largest coal producing province). The team surveyed the land in Jiaozuo where the JV's manufacturing plant and operation will be based out of. The team also attended the Letter of Intent signing ceremony; a number of government officials from the city of Jiaozuo and Henan province were present. iPackets will post an edited version of the signing ceremony video on its web site in the next few days. iPackets' Vice President of Engineering, Mr. Kouros Goodarzi, and Chief Technology Officer, Mr. Ara Bedrossian, conducted several technical meetings with CCII's engineering staff at their offices in Beijing. The meetings centered on exchanging iPMine technical information and the commencement of the iPMine product certification for the Chinese market. "Our management team has visited China on several occasions in the past and by far this was the most intensive and productive visit ever," said Naiel P. Kanno, iPackets' President and CEO. "The dedication of the management team made it possible to accomplish all items on our agenda and established a framework for the JV."
iPackets International is a developer and provider of wireless communications solutions for the global mine safety industry. iPMine, designed to significantly improve the safety of miners and equipment, is a real-time two-way wireless communications solution that tracks, monitors, and communicates with miners and equipment underground and above ground. Location information of both miners and equipment is collected and displayed live on one or more monitoring stations against a background of a mine's terrain map. iPMine's scalability and flexibility features make it ideal to be deployed in any size mine supporting multiple levels and/or sites. iPMine's redundant communications feature makes the system highly reliable to efficiently operate in the harsh mining environment. For more information, please visit www.ipackets.com.
For a quote and the latest news on this company, please visit: stockguru.com About StockGuru.com:
StockGuru.com features daily alerts going out three times daily to members. To join our email alert list, please visit:http://www.stockguru.com/stocks.htm To feature your publicly traded company in our alerts, or to discuss our complete services, please contact: John Pentony at (469)252-3031. Our services include our StockGuru Pre-Market Alerts, StockGuru Volume Alerts, StockGuru Price Alerts, StockGuru Midday Alerts, and StockGuru After The Bell. Additionally we Profile publicly traded companies on our web site, we do interviews with CEO's or other key executives on our web site, and we have our financial writers cover our companies.
Those interested may also email: feature@stockguru.com or call (469) 252-3031 and we will gladly send more information on featuring your company with StockGuru.com.
. |
