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Posts Tagged ‘GBOE’

Investors decide to book some gains after recent rally

Stocks slid on Friday as data that showed the manufacturing sector contracted overshadowed a stronger-than-expected reading on consumer confidence.

With the market on a strong run since the early March bear market low, investors are choosing to book some gains.

Data showed the U.S. factory sector shrank further in April, but at a slower pace, and consumers felt more confident about the economy last month than at any time since September. Also, new orders received by factories declined last month.

The Standard & Poor’s 500 Index closed out its best month in nine years on Thursday, gaining 9.4 percent for April on hopes the worst was over for the financial sector and recession-hit economy.

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SPOKANE, Wash., April 28, 2009 (GLOBE NEWSWIRE) — GeoBio Energy, Inc., d/b/a Plastics Conversion Technologies, Inc., (PCT) (Pink Sheets:GBOE) a Washington based plastics cleaning, separation, and recycling company, today announced a strategic agreement with Central Manufacturing, Inc. of Groveland Ill. Under terms of this alliance, Central will provide the design, manufacture, and testing of several high-volume scrap separation processing units for use in PCT’s soon-to-be constructed first operating facility.

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SEATTLE, April 23, 2009 (GLOBE NEWSWIRE) — GeoBio Energy, Inc. (“GeoBio”) (Pink Sheets:GBOE) today announced the completion of its acquisition of EnviroPlastics, Inc., the combined entity soon to be renamed, and now doing business as, “Plastics Conversion Technologies” (“PCT” or “Company”). PCT, which is a plastics recovery, separation, cleaning, and recycling company formed in 2009, announced today that it has begun to implement its business plan “successor business” after successfully completing the merger of GeoBio, Inc. and EnviroPlastics Corp.

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SEATTLE, April 9, 2009 (GLOBE NEWSWIRE) — EnviroPlastics, Inc. (EnviroPlastics “EP”) and GeoBio Energy, Inc. (Pink Sheets:GBOE) (“GeoBio”) continue towards closing their announced share exchange. The combined organization will be renamed Plastics Conversion Technologies, Inc. (“PCT”). PCT will combine the business plans of EP and GeoBio to engage in plastics recovery, separation, cleaning, recycling, and alternative fuels production.

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