Posts made in February, 2016


TAMPA, Fla., Feb. 18, 2016 (GLOBE NEWSWIRE) — Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, will implement a 1-for-12 reverse stock split of its common stock, effective during the after-market hours on February 19, 2016. The reverse stock split will be effective for trading purposes upon the commencement of trading on Monday, February 22, 2016, at which point the company’s common stock will begin trading on a split-adjusted basis on the NASDAQ Capital Market. At the Annual Meeting of Stockholders on June 9, 2015, Odyssey’s stockholders approved a 1-for-6 reverse stock split. On February 9, 2016, Odyssey’s Board of Directors authorized an additional 1-for-2 reverse stock split, to be effective immediately after the stockholder-approved 1-for-6 reverse stock split is implemented. The two reverse stock splits have the combined effect of a 1-for-12 reverse stock split. The company’s Articles of Incorporation have been amended to reflect the reverse stock split effective February 19, 2016. At the effective time of the reverse stock splits, every 12 shares of issued and outstanding common stock will be converted into 1 share of issued and outstanding common stock, and the authorized shares of common stock will be reduced from 150,000,000 to 75,000,000 shares.  All fractional shares of common stock will be rounded up to the nearest whole share.  Immediately after the reverse stock split becomes effective, the company will have approximately 7,534,500 shares of common stock outstanding. The company’s transfer agent, Computershare Trust Company, N. A. (“Computershare”), will be issuing all of the post-split shares through their paperless Direct Registration System (“DRS”), also known as “book entry form.” Computershare will hold the shares in an account set up for the stockholder.  Stockholders who wish to hold paper certificates may obtain such certificates upon request to Computershare.  All book-entry or other electronic positions representing issued and outstanding shares of the company’s common stock will be automatically adjusted. Those stockholders holding common stock in “street name” will receive instructions from their brokers.   All of the company’s options, warrants, and any other convertible securities outstanding immediately before the reverse stock splits will also be adjusted by dividing the number of shares of common stock into which the options, warrants, and other convertible securities are exercisable or convertible by 12 and multiplying the exercise or conversion price thereof by 12, all in accordance with the terms of the plans, agreements, or arrangements governing such options, warrants, and other convertible securities. Shareholders with questions about the reverse split may submit inquiries by emailing IR@odysseymarine.com. About Odyssey Marine Exploration Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) is engaged in deep-ocean exploration using innovative methods and...

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Homeowners who purchased high-efficiency appliances and/or made energy-efficient home improvements to their homes in 2015 may qualify for federal tax credits and they should consider the steps needed to apply as they prepare their annual tax returns by April 15. The tax credits apply toward 10 percent of the cost, up to $ 500, for home improvement measures or $ 50 to $ 300 for new appliances. Measures/appliances include: •high-efficiency heating equipment, including a natural gas furnace with an efficiency rating of at least 95 percent or a natural gas boiler with an efficiency rating of at least 95 percent; •high-efficiency storage or tankless natural gas water heater with an energy factor of 0.82 or higher or thermal efficiency of at least 90 percent; •high-efficiency air conditioners, heat pumps and advanced main air circulating fans; •home insulation, which also includes weather-stripping, caulking and spray foam; •energy-efficient roofing; and •energy-efficient windows, doors and/or skylights. Forms and more information on qualifying products and measures can be found at www.energystar.gov/taxcredits. Additional tax credits are available on geothermal equipment, small wind turbines, solar energy systems and residential fuel cell and microturbine systems. To qualify, the homeowner must have installed the equipment or completed the home improvement in 2015. New construction, secondary residences and rentals may not qualify for some of the tax credits. Consult a certified tax professional for more information. Vectren offers residential and small business rebates for high-efficiency appliances, including natural gas boilers and furnaces and electric appliances, including air conditioners and heat pumps. Learn more about Vectren’s energy efficiency program at www.vectren.com/saveenergy or call 1-866- 240-8476. saveenergy – Bing...

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‘Shower of the Future’ reuses water that would normally go down the drain It uses 80% less electricity than normal showers and 10% as much water Tech similar to that used in International Space Station where no water can be wasted  By Colin Fernandez, Science Correspondent For The Daily Mail Published: 19:12 EST, 22 February 2016 | Updated: 03:00 EST, 23 February 2016 115 View comments A high-tech shower that recycles dirty water could save families more than £1,000 a year in energy bills, its designers say. The technology, which uses 80 per cent less electricity and around 90 per cent less water than a conventional model, is similar to that used in the International Space Station where no water can be wasted. In an ordinary shower, heat is lost when the soapy warm water runs down the drain. By recycling this, the unit radically cuts down the amount of water used – and the electricity needed to heat it. A high-tech shower that recycles your dirty water uses 80 per cent less electricity and just 10 per cent as much water. In an ordinary shower, heat is lost when the soapy warm water runs down the drain. By recycling this, the unit radically cuts down the amount of water used – and the electricity needed to heat it Being so environmentally friendly is not cheap. The shower costs £3,300 for the unit integrated into a bathroom floor, while a stand-alone ‘cabin’ design costs £4,100. But Sweden-based Orbital Systems, makers of the ‘Shower of the Future’, claims a UK family using metered water could save £1,100 a year in energy bills – if four showers are taken a day, each lasting nine minutes. HOW THE SHOWER WORKS  The used water passes through two filters – one that removes larger particles such as skin and dust, and a finer one that gets rid of any bacteria, blood and viruses.  The water is then reheated and circulates back out of the shower head. The manufacturers say the shower starts with five litres of water, but if sensors detect this has become too contaminated to reuse, fresh water is added.   The water then recirculates back out of the shower head. It is reheated to the temperature set by the user – although reheating the water requires much less energy.   The used water passes through two filters – one that removes larger particles such as skin and dust, and a finer one that gets rid of any bacteria, blood and viruses. The water is then reheated and circulates back out of the shower head. The manufacturers say the shower starts with five litres...

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Tweet Shares of Odyssey Marine Exploration Inc (NASDAQ:OMEX) fell 16.6% during mid-day trading on Tuesday , AnalystRatings.Net reports. The company traded as low as $ 2.39 and last traded at $ 2.56, with a volume of 67,147 shares trading hands. The stock had previously closed at $ 3.07. The company’s market cap is $ 18.03 million. The stock’s 50 day moving average price is $ 2.80 and its 200 day moving average price is $ 3.86. Odyssey Marine Exploration, Inc is a deep-ocean exploration company. The Company is engaged in seafloor mineral exploration and in the search and recovery of deep-ocean shipwrecks across the world. The Company’s techniques are being applied to historic shipwreck projects, modern commodity shipwrecks and mineral exploration. document.write(‘‘); Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It’s time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here). Receive News & Ratings for Odyssey Marine Exploration Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Odyssey Marine Exploration Inc and related companies with MarketBeat.com’s FREE daily email newsletter. marineexploration – Bing...

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Homeowners who purchased high-efficiency appliances and/or made energy-efficient home improvements to their homes in 2015 may qualify for federal tax credits and they should consider the steps needed to apply as they prepare their annual tax returns by April 15. The tax credits apply toward 10 percent of the cost, up to $ 500, for home improvement measures or $ 50 to $ 300 for new appliances. Measures/appliances include: •high-efficiency heating equipment, including a natural gas furnace with an efficiency rating of at least 95 percent or a natural gas boiler with an efficiency rating of at least 95 percent; •high-efficiency storage or tankless natural gas water heater with an energy factor of 0.82 or higher or thermal efficiency of at least 90 percent; •high-efficiency air conditioners, heat pumps and advanced main air circulating fans; •home insulation, which also includes weather-stripping, caulking and spray foam; •energy-efficient roofing; and •energy-efficient windows, doors and/or skylights. Forms and more information on qualifying products and measures can be found at www.energystar.gov/taxcredits. Additional tax credits are available on geothermal equipment, small wind turbines, solar energy systems and residential fuel cell and microturbine systems. To qualify, the homeowner must have installed the equipment or completed the home improvement in 2015. New construction, secondary residences and rentals may not qualify for some of the tax credits. Consult a certified tax professional for more information. Vectren offers residential and small business rebates for high-efficiency appliances, including natural gas boilers and furnaces and electric appliances, including air conditioners and heat pumps. Learn more about Vectren’s energy efficiency program at www.vectren.com/saveenergy or call 1-866- 240-8476. saveenergy – Bing...

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