Kma Global Solutions International, Inc. (GM CE) (USOTC:KMAG)
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WallStreetInvestorNews.com "Active Stocks to Watch for 06/19/12": Southridge Enterprises Inc. (PINKSHEETS: SRGE), Converted Organics Inc.'s (OTCBB: COIN), Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR), KMA Global Solutions International Inc. (PINKSHEETS: KMAG)
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Tuesday morning, before the market opened for trading, Southridge Enterprises Inc. (PINKSHEETS: SRGE) announced its wholly owned subsidiary, Southridge Minerals, Inc., has executed an agreement with Duvernoi Capital Investments Inc. ("DCII"), providing for a $3,500,000 financing. This financing is in the form of a convertible debenture with terms stipulating an interest rate of 8.8% and a loan repayment term of 32 months from the date of execution of the agreement, by way of cash or through the conversion of shares of Southridge stock. The repayment terms of the financing are amenable to the Company's property development schedule and to future financings plans to retire the debt.
Michael Davies, Chief Executive Officer of the Company, stated "We are very pleased to have entered into the financing agreement with Duvernoi Capital Investments Inc. This capital will allow us to move forward in implementing our strategy to increase the company's footprint along the Sierra Madre Occidental gold belt."
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Converted Organics Inc.'s (OTCBB: COIN) currently up over 38% on 27.3Mil Shares traded so far, promotes, develops and operates innovative clean technologies that contribute to the improvement of our environment by use of sustainable business practices and the judicious use of natural resources. Our primary line of business is manufacturing and selling Organic Fertilizer.
Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) currently trading high volume over 134.6Mil Shares today announced that the South American Project Development Team has targeted the Tucurui and Balbina dam reservoirs in Brazil for planned future development.
KMA Global Solutions International Inc. (PINKSHEETS: KMAG) currently up over 20% on 15.6Mil Shares Traded so far today is an innovator and internationally recognized leader in the Electronic Article Surveillance industry, focused on providing cost-effective source tagging solutions for customers in the apparel, multimedia, sporting goods, food and pharmaceutical and general merchandise industries.
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