Showing posts with label GRHU. Show all posts
Showing posts with label GRHU. Show all posts

Monday, March 5, 2012

GreenHouse Holdings (OTCBB: GRHU) Announces Stockholder Approval of Merger With Premier Alliance Group

GreenHouse Holdings (OTCBB: GRHU) Announces Stockholder Approval of Merger With Premier Alliance GroupChicago, IL 3/5/12 (StreetBeat) -- GreenHouse Holdings, Inc. (OTCBB: GRHU), a leading provider of energy efficiency solutions and sustainable infrastructure products (the "Company"), Friday announced that stockholders ofthe Company voted overwhelmingly at the Company's Special Meeting of Shareholders held on February 29, 2012 to approve the merger of the Company with and into a newly formed subsidiary of Premier Alliance Group, Inc. ("Premier") and become a wholly owned subsidiary of Premier.

Approximately 95% of the shares voting at the special meeting of stockholders voted in favor of the adoption of the Agreement and Plan of Merger, which represented approximately 65% of the Company's total outstanding shares of common stock as of January 30, 2012, the record date for the special meeting.

"We are extremely pleased in our shareholders' decisive approval of the merger with Premier Alliance Group," stated John W. Galt, Chief Executive Officer and Chairman. "Management believes that the merger presents a strong growth opportunity for the Company and provides an excellent platform for increased earnings. Our strong governmental relationships coupled with Premier's industry expertise will allow us to leverage new contract awards and expand our market presence. We expect to complete the integration of both companies immediately, and look forward to commercializing projects from our pipeline shortly. Going forward, we anticipate a smooth transition and expect to increase revenue, expand margins and improve overall shareholder value."

Each of the parties is a reporting company under the Securities Exchange Act of 1934 and its reports can be found by going to www.sec.gov, and then search for companies, and inserting name of Premier Alliance Group, Inc. and/or GreenHouse Holdings, Inc.

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Wednesday, September 28, 2011

GreenHouse Holdings (OTC:GRHU) Subsidiary Lands New Deal

GreenHouse Holdings (OTC:GRHU) Subsidiary Lands New DealNorthern, WI 9/28/2011 (PennyPayDay) – GreenHouse Holdings, Inc. (OTC:GRHU), a provider of energy efficiency solutions and sustainable infrastructure products, announced Monday, in a press release, that its wholly-owned subsidiary Control Engineering, Inc. (CEI) has been selected by an international oil and gas exploration company to provide control and network systems engineering and upgrades for a southern California facility representing over $175,000 in revenue to the Energy Division of GreenHouse.

The project entails providing a Control System and Network Engineering Study, Documentation and System Upgrade, which will include:

1. Field engineering, fact finding and design review
2. Develop complete system documentation and recommendations
3. SCADA and MES system and network upgrades
4. Industrial Ethernet fiber network for multiple PLCs, HMIs and MES computers
5. Establish communication and automate wellhead pump controls

"This is another great opportunity for CEI and GreenHouse," said Dave Lautner, Vice President of Business Development for CEI. "We are extremely pleased to have been selected and look forward to future projects within this critical industry where we can offer our engineering and automation expertise."

"CEI has proven itself as an industry leader in automation and control engineering time and again," commented John Galt, CEO of GreenHouse. "This project simply confirms the huge contribution they bring to the GreenHouse family."

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Thursday, September 8, 2011

Thursday's Promo Stocks: (OTC:GRHU) (PINK:NYXO); (PINK:MDFI)

Thursday's Promo Stocks: (OTC:GRHU) (PINK:NYXO); (PINK:MDFI)Oxford, MS 9/8/2011 (PennyPayDay) – Thursday’s smallcap stocks under e-mail promotion campaigns are GreenHouse Holdings Inc. (OTC:GRHU); Nyxio Tech Corp. (PINK:NYXO); and Medefile International (PINK:MDFI).

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E-mail Promotion Under Way for GreenHouse Holdings (OTC:GRHU)

E-mail Promotion Under Way for GreenHouse Holdings (OTC:GRHU)Tomahawk, WI 9/8/2011 (PennyPayDay) – GreenHouse Holdings, Inc. (OTC:GRHU) recently announced, in a press release, that the establishment of the Army Energy Initiatives Office (EIO) Task Force further confirms the growth potential for past performance government contractors specializing in sustainability and renewable energy projects. GRHU is also under an e-mail promotion campaign initiated last night by a third party investor. As I write, shares of GRHU were up 20 percent at $0.80 per share on volume of 120,000 shares.

Secretary of the Army John McHugh, on August 10th, announced the creation of the Energy Initiatives Office, which will work with the private sector to help centrally plan and deploy renewable energy projects on Army lands. The goal of the estimated $7.1 billion dollar initiative is for 25% of the Army's energy use to come from renewable sources by the year 2025, much of which they believe can be produced utilizing 5 of the 15 million acres of U.S. land the Army currently owns.

"This is a very aggressive goal, but one we also believe is attainable," said Rob Davis, Vice President of Energy Services for GreenHouse. "The Army is facing a daunting task, determining the feasibility of multiple renewable energy technologies based on the myriad of variables that 5 million acres of diverse land will present. As a past performance government contractor GreenHouse is positioned to provide considerable support in that effort."

"Here's the bottom line, independence from oil saves American lives," said Ken Robinson, GreenHouse founder and 2004 inductee of the National Military Intelligence Hall of Fame. "We know that last year for every 24 fuel convoys a civilian or soldier was killed. From there it's just simple math, the fewer the convoys the more soldiers come home. The EIO is an important first step in a paradigm shift that will strengthen our national security and protect the lives of our men and women in uniform."

GreenHouse Holdings is a provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint.

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Friday, February 18, 2011

Greenhouse Holdings (OTCBB:GRHU): Building Tactical Training Center in Mississippi

Greenhouse Holdings (OTCBB:GRHU): Building Tactical Training Center in MississippiGreenHouse Holdings (OTCBB:GRHU) has executed a letter of intent with Hinds Community College to construct and manage a $2.9 million Anti-Terrorism Tactical Training Center in Jackson, Mississippi that would provide local law enforcement personnel with a state-of-the-art training and sustainable firing range facility and which would serve as a best practices model for such facilities in small cities and towns across the United States. The project is subject to the execution of a definitive agreement. The pilot program, including both basic and advanced firearms training would commence with Hinds Community College in Jackson, Mississippi, where Mississippi law enforcement agencies, Department of Homeland Security (DHS) personnel and other local, state and federal agencies expected to receive instruction. The cost of building the Anti-Terrorist Tactical Training Center is estimated at $2.9 million per unit.

These Anti-Terrorist Tactical Training Centers are fully sustainable, indoor facilities. As such, they remove the need for outdoor firing ranges that have detrimental environmental impact due to lead seepage into the ground. GreenHouse plans to design and construct the 11,000 square foot training center on land leased from the college at a cost of $1.00 per year for a 15 year term. The training center will feature a GreenHouse delivered Tactical Training System featuring the company's sustainable bullet trapping system capable of containing 7.62 caliber rounds at a maximum distance of 30 meters. The range will also have twelve lanes of fire featuring pneumatic turning target systems including two lanes with wheelchair accessibility.

Users of the sustainable training facility are expected to include the United States Marine Corps, National Park Service, Naval Criminal Investigative Service, the Mississippi Highway Patrol, Mississippi Alcohol Law Enforcement, Mississippi Department of Corrections and other fire and rescue departments. The facility will also be used to train U.S. Coast Guard personnel responsible for Maritime Security. "As public safety enforcement work becomes increasingly dangerous, proper firearms training is more critical than ever to the safety of those men and women who serve and protect American citizens," remarked John Galt, Executive Chairman and co-founder for GreenHouse Holdings, Inc. "We provide the most sustainable and innovative environment for highly skilled training in an assortment of tools and disciplines in a wide variety of settings."

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