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Microcap & Penny Stocks : Consolidated Ecoprogress CES:VSE -- Ignore unavailable to you. Want to Upgrade?


To: Veritas who wrote (43)9/27/1999 8:48:00 PM
From: Veteran98  Respond to of 58
 
Cons Ecoprogress closes one financing, arranges another

Consolidated Ecoprogress Technology Inc CES
Shares issued 6,255,129 Sep 24 close $0.30
Mon 27 Sept 99 News Release
Mr. Michael Daniels reports
In furtherance of company news in Stockwatch July 28, 1999, the company has
recently completed and is now in the process of seeking final Vancouver
Stock Exchange approval to its non-brokered private placement arrangement
with certain placees in this matter and pursuant to the completion of which
the company will now be required to issue from treasury a total of 358,000
units of the company, at a purchase price of 60 cents per initial unit,
with each such initial unit comprising one common share and one
non-transferable share purchase warrant of the company and with each such
resulting initial warrant entitling the placee thereof to purchase an
additional common share of the company at a purchase price of 60 cents per
initial warrant share until Sept. 24, 2000, and at a purchase price of 69
cents per initial warrant share until Sept. 24, 2001, in this instance.
There are no finders' fees or commissions payable by the company in
connection with the successful completion of its initial private placement,
and all initial shares and initial warrant shares, when issued, will be
subject to a hold period expiring in the province of British Columbia on
Jan. 24, 2000.
The board of directors of the company also announces that, in conjunction
with the successful financing of its initial private placement in this
instance, the company has, effective at the close of business on Sept. 24,
1999, now finalized further private placement discussions with a certain
further placee in this matter and pursuant to the completion of which the
company would be required to issue from treasury a total of up to a further
323,333 units of the company, at a proposed purchase price of 30 cents per
further unit, with each such further unit comprising one common share and
one non-transferable share purchase warrant of the company, and with each
such resulting further warrant entitling the proposed further placee
thereof to purchase an additional common share of the company at a purchase
price of 30 cents per common share for a period of one year and at a
purchase price of 35 cents per common share for the second year from the
date of the advancement of any such proposed and further private placement
proceeds to the company by such further placee in this instance.
In consideration of the proposed placement of all of the further units of
the company in this matter, the company plans to pay a finder's fee equal
to up to $9,700 upon the successful completion of its proposed and further
private placement in this instance.
The company presently intends to use the net proceeds from each of its
initial private placement and its proposed and further private placement in
this matter, that being approximately $302,100 in the total, to provide for
the payment of a significant portion of the balance of the company's
existing and contractual commitment under its recently approved and
expanded licence agreement in this instance.
WARNING: The company relies upon litigation protection for
"forward-looking" statements.



To: Veritas who wrote (43)10/3/1999 10:53:00 AM
From: Veteran98  Read Replies (1) | Respond to of 58
 
Consolidated Ecoprogress Technology Inc. (CES-V) Joint Venture With Dambi
(UK) Ltd.
Consolidated Ecoprogress Technology Inc CES
Shares issued 6,255,129 Oct 1 close $0.26
Fri 1 Oct 99 Company Sponsored

INVESTOR ALERT

JOINT VENTURE WITH DAMBI (UK) LTD.
----------------------------------

Consolidated Ecoprogress Technology Incorporated (CES-V) is pleased to
announce that a joint venture has been successfully negotiated with DAMBI
(UK) Ltd. for research and development of our new range of sanitary
napkins. DAMBI is one of the largest manufacturers of feminine hygiene
products in Europe. For full details go to our Latest News page at
www.flushaway.com.

flushaway.com

PRIVATE LABEL AGREEMENT WITH LLOYD'S CHEMIST'S
----------------------------------------------

A collaboration agreement with Lloyd's Chemists has been finalized to
develop three private label feminine hygiene products for their 1200 plus
stores in the United Kingdom. These totally flushable products will be
produced with our plastic alternative, the revolutionary, patented, water
soluble and biodegradable B-9(tm) Film.
Consolidated Ecoprogress has the world rights for the production of all
non-encapsulated products using B-9(TM) Film. Future development plans call
for baby diapers, incontinence pads, colostomy bags and other assorted
products. The overall world market for feminine hygiene products alone is 7
Billion Dollars.

MILLENNIUM PRODUCT AWARD
------------------------

On July 30th in London, England, Consolidated Ecoprogress was presented
with the "Millennium Product Award" which is presented to "new
forward-thinking, creative products". The award allows the Company to use
the Millenniurn Products Logo on all products and promotional materials.
Combined with the Canadian Ecologo, these awards significantly enhance the
Company's ability to pursue market share throughout North America and
Europe as well as other countries concerned with environmental issues.

OUTSTANDING OPPORTUNITY
-----------------------

CES-V is now trading at year low levels. The current share price in no way
reflects the positive developments made by the Company so far this year. A
recent share price decline may be due in part to an unexplained sell
recommendation by a newsletter writer that was clearing a model portfolio.
The Company is continuing to increase sales into new market areas and has
committed to a number of consumer promotions which begin in October. If you
are in Calgary or Edmonton, visit our booths at the Edmonton and Calgary
Woman's Shows. Edmonton -- October 16t & 17 in the Northlands Agricom booth
#557 * Calgary -- October 23 & 24 at the Calgary Stampede Round-Up Centre
booth #1027.

FREE OFFER
----------

Our investor relations department would like to offer potential
shareholders a FREE sample of SIMPLICITIES. Call Kevi Crawford at
604-738-7011 or email Kevin at mailto:ir@flushaway.com while supplies last.

FOR THE LATEST NEWS
VISIT OUR WEB SITE AT
flushaway.com