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Amartya Sen: thoughts on poverty and the global financial crisis

January 20, 2012 by skinnercm   Comments (0)

I attended an interesting lecture last night from an economic legend: Professor Amartya Sen of Harvard University.

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Things worth reading: 20th January 2012

January 20, 2012 by skinnercm   Comments (0)

Things we're reading today include ...

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Coastline Integrated Services - COLV

January 19, 2012 by SizzlingStockPicks  

SizzlingStockPicks Coastline Integrated Services- $COLV Mega Company Profile

Throughout enterprises, both large and small, there are vast opportunities for companies to achieve results driven maintenance objectives. There are opportunities to drive revenues, increase efficiencies and reduce costs, in concrete, measurable ways, by getting the right information to the right people at the right time. At Coastal Intergrated Service Inc. COLV their goal is to help enterprises do just that - to use the power of the Internet to create an enabling infrastructure for lubrication maintenance. Through a combination of Internet-enabled database driven applications, from real-time collaboration with a network of mentors and experts.

President Obama in August announced the first-ever regulations setting heavy-duty truck fuel efficiency standards, intended to reduce fuel consumption and greenhouse gas emissions from heavy trucks by as much as 23%. The heavy-duty truck standards will average about a 20% reduction in both measures by model year 2018, depending on a truck’s payload, the Department of Transportation said. The standards are targeted to save truckers up to 4 gallons of fuel for every 100 miles traveled, DOT said in a statement.”

COLV -Business Description

Coastal Integrated Services (www.coastalintegratedservices.com) is a multi-faceted company with its focus in identifying technologies and companies that can produce products that will increase corporate revenue, shareholder value and reduce our clients carbon foot print (an environmental conscious). The company will combine the experience of its people with the strength of its strategic alliances to create and identify new opportunities in the oil & gas, energy and transportation industries.

Through its newly acquires subsidiary Revolutions Products, the company plans to market and sell a full line of superior lubricants to the transportation industry, with a focus on saving fuel as well as reducing emissions and engine wear. The companys primary focus will be to put its resources into marketing the HI-TEK25 15W40 Diesel Motor Oil to trucking companies nationwide. The company is confident that if the prospect client tests the product, they will change over their entire fleet after viewing the result.

COLV Main Product

HI-TEK25 15W40 Diesel Motor Oil
Reduction in emissions and carbon footprint
Helping you to continue to be a good corporate citizen
Extending the time between tear downs and rebuilds
Reducing downtime for rolling inventory
Reducing manpower costs on mechanics
Extending the life of engine components
Reducing inventory expense
Reducing Manpower expenses across maintenance, accounting and purchasing.

ABOUT HI-TEK25 15W40 Diesel Motor Oil

We believe that a .3 mpg increase is very conservative. In over 100 trucks we are monitoring every week, our average increase is over .45 mpg. The results are affected by a large number of variables, including:

Consistency of the driver
Consistency of the lane the truck operates in
Wind and Weather
Fuel quality and Season (Summer vs Winter fuel)
Consistency of configuration, including trailer gap

Even with all of those potentially negative factors, VALUE ADDEDwe are increasing mileage and increasing profits.

How about a few of the results?

Reduction in emissions and carbon footprint
Helping you to continue to be a good corporate citizen
Extending the time between tear downs and rebuilds
Reducing downtime for rolling inventory
Reducing manpower costs on mechanics
Extending the life of engine components
Reducing inventory expense
Reducing Manpower expenses across maintenance, accounting and purchasing.

Partners

Revolution Products, Inc.
http://www.revolutionoil.co.uk/index.php

Revolution Oil is an independent family owned and operated lubricant manufacturer and distributor of automotive consumables. We have been established for over quarter of a century and specialize in the supply of lubricants and consumables to the automotive, commercial, agricultural and industrial sectors. Based in rural Hertfordshire we operate from purpose built and owned premises that are located within striking distance of the M1 and M25 motorway network providing excellent service to Greater London and the surrounding counties.

Revolution Oil, Inc. was formed by Butch Conz of Green Flag Racing, Inc. The company objective was to formulate an entire line of superior lubricants, with the hallmark product being Revolution Oil's world class fuel-saving engine oil. Butch and Chris Fornili of ATL, Inc. headed up the team of experts that accomplished that objective

Revolution Oil supplies an extensive range of performance lubricants, service garage consumables, body shop consumables, packaging consumables and print consumables all with free next day delivery. Maintained by the highest level of technical support, guaranteed by excellent quality control, supported by a dedicated customer service team and delivered by the most efficient delivery fleet. Revolution Oil really is a ‘New Generation of Lubricants’

Business Maintenance and Energy Solutions, Inc. (BMES)

BMES is a Michigan based company headed by Doug Buckler, retired union president, along with board members Stacy Greene, Mark Sebastiani and other consultants including retired Military personnel.

"Retaining BMES will allow us to increase the pace in which our company can grow; their expertise and network can lead us to new business opportunities that will lead to increase revenues and value for our current and future shareholders," said Butch Conz, CEO of Coastal Integrated Services. Mr. Conz goes on to say, "this new partnership will allow the company's product to reach national recognition and consumers sooner than expected."

BMES President Doug Buckler stated, "Our entire company is excited to work with Revolution Products. We are confident that their products deliver what others only promise. I am currently testing their motor oil in my pickup truck and have seen an increase of over 1.5 mpg."

Maple Leaf Lubricants

http://mapleleaflubricants.com/index.html

Maple Leaf Lubricants, Inc. is a multi-faceted company with its focus in identifying technologies and companies that can produce products that will increase corporate revenue, shareholder value and reduce our clients carbon foot print (an environmental conscious). The company will combine the experience of its people with the strength of its strategic alliances to create and identify new opportunities in the oil & gas, energy and transportation industries.

The company objective is to formulate an entire line of superior lubricants, with the hallmark product being Maple Leaf Lubricant's world class fuel saving engine oil.

The company plans to market and sell a full line of superior lubricants to the transportation industry, with a focus on saving fuel as well as reducing emissions and engine wear. The company's primary focus will be to put its resources into marketing the HI-TEK25 15W40 Diesel Motor Oil to trucking companies nationwide. The company is confident that if the prospect client tests the product, they will change over their entire fleet after viewing the result.

Security Details


Coastal Integrated Services, Inc.
Publicly traded on the OTC Market under the symbol, “COLV, and within the OTCPink market tier. As such, Business, operational and financial information on COLV is fully transparent and available to public view.

Visit http://www.otcmarkets.com/stock/COLV/financials for more information.

Market Value1: $5,595,227 a/o Dec 09, 2011
A/S : 175,000,000 a/o Sept 31,2011
O/S : 174,850,830 a/o Sept.31, 2011
Peferred shares 20,000,000 a/0 Sept 31,2011 / 10 million of them issued
Transfer Agent

Interim Financial Report reported 11/11/2011period ending 9/30/2011

Shareholders of Record: 128 a/o Jun 30, 2011
SIC - Industry Classification: 5172 - Petroleum products, misc
Incorporated : Nevada

Year of Inc.: 2002

Source: otcmarket.com, www.bloomberg.com, www.finance.yahoo.com
(these are only sources and not always up to date)

Recent News

Coastal Integrated Services Enters Canadian Market, as Its Subsidiary Revolution Products Signs A Private Label Agreement with Maple Leaf Lubricants.

Coastal Integrated Services Announces Formation of Advisory Board to Speed Up Company Growth.

Coastal Integrated Services, Inc (PINKSHEETS: COLV), Inca Designs (PINKSHEETS: IDGI), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW): Sign-Up for our FREE Stock Picks TODAY!

A New Audio Interview with Butch Conz, CEO of Coastal Integrated Services is Now at SmallCapVoice.com.

Coastal Integrated Services Launches New Corporate Website.(Website overview)

Management Team

Butch Conz - President and CEO

Butch Conz: is the owner of Green Flag Racing, which competes part time in the NASCAR Craftsman Truck Series, the Pro Cup Series and local late model and street stock races.

Butch helped develop HI-TEK25 15W40 Motor Oil for the diesel truck industry and continues to be involved in the research and development of lubrication products that help save on fuel costs, maintenance cost and improve the carbon footprint.

Butch has a 30 year business background and has owned several successful businesses and comes from a long family history of entrepreneurial experience and success.

Butchs father was very successful in the construction industry and the equipment rental industry. His grandfather owned a large trucking company in the Midwest, thats where his exposure to the trucking industry comes from.

“The plan for the company is to create lubricants for the shipping and auto industries that help cut down on emissions and improve the carbon footprint. The additional goals are to save fuel and reduce maintenance costs.”

Dan Glauz - V.P. of Sales
Former NASCAR, ARCA and Pro Cup crew chief hired to be the V.P. of sales for the Midwest region starting with Indiana, Michigan, Ohio and Pennsylvania.Dan brings 27 years of racing connections and the expertise of the motorsports industry, which includes working for the governing body of NASCAR’s research and development, as crew chief for NASCAR drivers Jimmy Spencer, Chad McCumbee, Erin Crocker and Derrick Cope. Dan was also instrumental in 1997 Winston Cup Rookie of the Year Mike Skinners team as well as the champion crew chief for ARCA driver Tim Steele and Hooters Cup champion Benny Gordan. In all Dan has won championships in three of racings premier divisions which include NASCAR Truck Series, ARCA and most recently the Hooters Cup Series.

Along with Dan’s motorsports program which fits perfectly with the oil and trucking industries, he brings 27 years of connections, many of which are in the trucking industry.

Mike Brady --Sales

Mike Brady was hired as the southeast sales manager for the HI-TEK25 15W40 Diesel Motor Oil to the trucking industry which includes the states of Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia.

Over a 38 year career, Mike has been the sales manager for Schwan’s Sales and the key account manager for National Sales Group and Laura’s Lean Beef.

After 38 years in the grocery industry, Mike not only brings 38 years of sales management experience, but he also brings contacts with large corporations from his past industry who have large truck fleets, such as Food Lion, Kroger, Bi-Lo and Lowe’s Foods just to name a few.

“We are very excited to have Mike on board as our sales manager for the southeast region. He brings years of experience and contacts that we feel will be very beneficial to our company.”, said CEO Butch Conz.

Advisory board members

Retired Major General Bruce MacDonald - brings a career of experience in the military arena and the U.S. automobile industry.

Doug Buckler- the company's current Business Maintenance and Energy Solutions representative in the Midwest. Doug also brings a career of experience in the industrial and construction industry as well as being a union president with many political relationships.

Jerry Sibila - brings a career of trucking experience with over 20 years as a maintenance supervisor in the trucking industry and will be able to give the board a hands-on view of what is needed and looked for inside the trucking industry.

Contact Us

Coastal Integrated Services, Inc
283 Cayuga Road
Mooresville, NC 28117
United States - Map
Phone: 704-577-2546
Fax: 866-346-0175
Website: http://www.coastalintegratedservices.com

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Central Bank of Serbia Cuts Repo Rate 25bps to 9.50%

January 19, 2012 by CentralBankNews   Comments (0)

The National Bank of Serbia cut its 2-week repo rate by another 25 basis points to 9.50% from 9.75% previously.  The Bank said: "Inflation stayed on a downward path, ending 2011 somewhat lower than expected by the National Bank of Serbia, mainly due to the one-off effect of methodological changes in the calculation of fruit and vegetable prices. Inflation is expected to continue down and possibly undershoot the target tolerance band at the end of the first quarter. A part of this fall will be short-lived, resulting from the above methodological changes and other effects such as that of the administrative cap on trade margins and the so-called base effect of high monthly inflation rates recorded in the same period last year. This taken into account, inflation is expected to stabilise around the target in the third quarter of the year."

The Bank also cut the interest rate by 75 basis points in December and November, 50bps in October, and 50bps in September, after pausing in August, while previously the Bank reduced the 2-week repo rate by 25 basis points to 11.75% at its July meeting, and cutting the rate 50 basis points at its June meeting to 12.00%.  Serbia reported inflation of 7% in December, down from 8.7% in October, 10.5% in August, 12.1% in July, 12.7% in June, 13.4% in May, 14.7% in April, and just above the bank's inflation target range of 3-6%.  


The IMF is forecasting 2011 GDP growth in Serbia of 2%, and 3% in 2012.  The Bank next meets on the 9th of February 2012.  The Serbian Dinar (RSD) last traded around 81.5 against the US dollar.

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Philippines Central Bank Cuts Rate 25bps to 4.25%

January 19, 2012 by CentralBankNews   Comments (0)

The Bangko Sentral ng Pilipinas cut its overnight borrowing rate 25 basis points to 4.25% from 4.50% and the overnight lending rate to 6.25% from 6.50% previously.  The Bank said: "the inflation outlook remains comfortably within the target range, with expectations well-anchored. Latest baseline forecasts indicate that average annual inflation rates are likely to fall within the lower half of the 3-5 percent target range up to 2013. Pressures on global commodity prices are seen to continue to abate amid weaker global growth prospects. However, the impact of strong capital inflows on domestic liquidity and the effect of geopolitical tensions in the MENA region on global oil supplies will continue to pose upside risks to inflation."

The Philippine central bank held the rate unchanged at its December meeting, and last raised its interest rate in May this year by 25 basis points to 4.50%, and increased reserve requirements by 100bps in July.  The Philippines reported annual consumer price inflation of 4.8% in November, compared to5.2% in October, 4.8% in September, compared to 4.7% in August, 4% in July, 4.7% in June, 4.5% in May and 4.3% in April.  Inflation is currently tracking just inside the Bank's inflation target range of 3%-5%.  


The Phillipine economy grew 0.3% in Q32011 (0.6% in Q2), placing annual GDP growth at 3.2% (3.1% in Q2).  The Philippines Peso (PHP) has gained by about 3% against the US dollar over the past year, with the USDPHP exchange rate last trading around 43.55.

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