News

Number of news items returned: 201 to 220 records of 422

KOEL India and BioCube™ Corporation Ratify Manufacturing and Distribution agreement

14 March 2016

(14142 views)

On March 9th 2016, the Board of Directors of Kirloskar Oil Engines Limited (KOEL) ratified a license agreement proposed between ...

Early Successes For Our Clients in 2016 - Funding Strategies Connect March 2016

11 March 2016

(13472 views)

 Early Successes For Our Clients in 2016 - Funding Strategies Connect March 2016 Dear Readers, I have great progress to report for ...

Canada's Prime Minister Visits the BioCube

08 March 2016

(13386 views)

 "Justin Trudeau, Prime Minister of Canada visits the BioCube™ The BioCube Corporation was delighted to have The Right Honourable Justin Trudeau, ...

BlueMount Capital: Finalist of the 23rd Annual Australia-China Business Awards

08 March 2016

(13125 views)

  "23rd Annual Australia-China Business Awards Finalists Announced Shanghai: 8th March – The AustCham Westpac Australia-China Business Awards has received a record-breaking ...

Uchoose continues path of growth and operational expansion, establishes new and exciting line of business and welcomes leading industry authority to advisory role.

04 March 2016

(14470 views)

"Uchoose again confirms its trajectory of growth with the favourable half yearly results being underpinned by some exciting developments in ...

Appee Ltd Announcement

04 March 2016

(13166 views)

"Appee Ltd has drawn international attention by signing its first USA customer - Automobile Club of Southern California (a member ...

50% month-on-month revenue growth, expanding team and China

29 February 2016

(14369 views)

"Squirel Ltd (“Squirel” or the “Company”) is pleased to announce the appointment of Fiona Hong a senior financial services professional ...

Australian Trading & Investment Corporation Ltd Announcement

23 February 2016

(15508 views)

"... Foundation ready for growth New Sales Manager appointed   ...Additional expenditure has been focused on expansion. We have secured premises in the CBD ...

Appee new 2016!

19 February 2016

(14046 views)

"2015 was a year of firsts for appee. From our first beta release of the appee product and website, to ...

Ocular Robotics Appoints US Based Leading Global Supplier of Autonomy Components as Distribution Partner

18 February 2016

(13507 views)

"AutonomouStuff the leading supplier of components to the rapidly growing autonomy sector has been appointed as an Ocular Robotics distributor ...

BioCube commissions machine in Congo for Palm Oil conversion to Biodiesel

30 January 2016

(14530 views)

"The BioCube Corporation (BC) has successfully commissioned a BioCube 250 for Feronia Inc at its Yaligimba Palm Oil plantation in the ...

2016 So Far, Not So Good

29 January 2016

(14455 views)

"... Whilst 2015 may have finished with a Santa rally in capital markets, 2016 has started horribly with losses across the ...

Gartner lists Opmantek in 2016 Market Guide for Network Automation

27 January 2016

(15145 views)

"Opmantek (ASSOB:OMK) a multi award winning provider of IT infrastructure management and Audit solutions, today announced that it has been ...

Australian Trading & Investment Corporation Ltd – Update

21 January 2016

(14230 views)

"To all interested parties, welcome to an exciting 2016! ...Since our last update we’re finding tremendous traction in setting the foundation ...

Equity Crowdfunding and Investment Opportunties

29 December 2015

(14669 views)

Looking to assist investors and private businesses in 2016 - from the team at Funding Strategies.   Funding Strategies provides Corporate ...

2015: An Inflection Point?

16 December 2015

(14239 views)

"As 2015 draws to a close the year we thought we’d recap the year and look at what’s on the ...

CRe8 Home & Finance Ltd – last chance to participate in this innovative company

14 December 2015

(14196 views)

"...CRe8 has had a stellar 2015, the highlights of which are listed below; Glenvill Homes (CRe8’s home builder partner) committed to ...

Opmantek Sales growth a new record

14 December 2015

(14034 views)

"Opmantek (ASSOB:OMK) has continued on its high growth trajectory signing significant customer agreements in November throughout the USA and Latin ...

Ocular Robotics RE05 3D Scanner to be used in European Space Agency Moon Exploration Project, Rovina Project Shows Off Digital Reconstruction of the ARIS Priscilla Catacombs

08 December 2015

(14516 views)

"Ocular Robotics RE05 3D Scanner to be used in European Space Agency Moon Exploration Project.   Aerospace company GMV have been awarded ...

Australian Trading and Investment Corporation Investor Update

07 December 2015

(14060 views)

"To all interested parties, Since our last update there have been some exciting updates, as listed below:   ..Our model portfolio increased by ...

BioCube Raising $3 Million

13 November 15

The Eco Investor website published the following article about BioCube on November 13th, 2015:

 

"The developer of a portable and community-sized biodiesel processor called the BioCube has sold its first unit in Africa and is raising $3 million to make more units and take advantage of joint venture opportunities.

 

The BioCube can produce quality biodiesel from a wide variety of vegetable oils and the fuel can be used in any modern diesel engine without modification. The BioCube makes sustainable distributed biodiesel and gives fuel energy independence to commercial and community enterprises...

 

...Eco Investor first wrote about BioCube in March 2009 and since then the technology has grown from a 10 foot shipping container to a 20 foot container able to produce over 250 litres per hour of high quality biodiesel. It comes in off-grid and on-grid versions, with the off-grid version powered by a diesel generator that runs on BioCube's biodiesel. It has a touchscreen interface and can be fully operational in 48 hours.

 

Units are made as ordered. The first manufactured model of the new BioCube was shipped to a customer in Queensland where it uses the seeds from a pongamia plantation to produce oil. Orders are pending for machines in India, Oceania, Africa and south east Asia.

 

Director Laurence Baum told Eco Investor that there are four commercial units in operation at present. The others are in India, in Canada where the manufacturer uses it as a demonstration unit, and in Africa.

 

The African order is to Feronia Inc., an agribusiness operating in the Democratic Republic of the Congo (DRC). In 2009 Feronia acquired a 104 year old palm oil business, Plantations et Huileries du Congo (PHC), and has invested tens of millions of dollars to rebuild the business after years of under-investment and disruption due to the long period of conflict in the DRC...

 

... BioCube chief executive, David Tait anticipates significant demand from across Africa where energy is expensive and often unavailable in more remote areas. "Feronia and the DRC is an ideal proving ground for BioCube's technology to demonstrate its capabilities," he said.

 

Mr Baum said potential clients need to see a unit in operation as sales can be ‘one plus', where there is an initial unit then more orders after it proves itself. This could be the case in India where there is interest for one trial unit with another 29 to follow if all goes well....

 

...The company is seeking to raise up to $3 million in equity for 13 per cent of the company. The funds are to accelerate commercialization through sales and marketing, continue product development, produce demonstration units, for staff and salary costs, marketing and travel, working capital, and to take advantage of joint venture opportunities.

 

The equity parcels are $25,000 each. The pre-money valuation of the company is $20 million with IPO as the likely exit strategy. Mr Baum said the company has no debt, having developed this far in seven years using only equity. So a public listing, possibly in about 18 months, makes sense.

 

BioCube has net assets of $0.5 million and forecast revenue for 2016 after the new equity is $1.4 million. The capital raising is being assisted by Mark Rainbird, managing director of BlueMount Capital."

 

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