TRUE 2 BEAUTY INC. (OTC:TRTB.PK)
True 2 Beauty, Inc. (Pinksheets:TRTB), a leading manufacturer and distributor of male sexual potency pills and liquid products in the United States, announced newly the Libigrow family of products (www.libigrow.com) will have much larger production capacity as a result of a private placement of five million dollars.
The financing is at $0.20 per share and no warrants are attached. The first $2,300,000 has been subscribed and the first wire transfer order has been received. Accredited investor customers of True 2 Beauty and European Accredited investors are the subscribers. The company expects to have the offering over subscribed.
Proceeds will be used to increase the company's Los Angeles manufacturing facility from its current one million pills per month to twenty million pills per month.
Alex Hbaiu, President and CEO of True 2 Beauty, Inc., stated, This financing to expand our production will allow us to quickly fill our order backlog and to sign new orders from customers we met at this month's National Convenience Store Trade Show (NACS) which has 143,000 members in the United States.
True 2 Beauty, Inc. is a leading manufacturer and distributor of male sexual potency pills and liquid products in the United States. The True 2 Beauty, Inc. line of current products includes Libigrow, Libigirl, Libiliquid Shots and the Libiliquid Relaxation Drink. More information on the Company and its line of products can be found at www.libigrow.com.
Grainger (NYSE:GWW), North America's leading broad line distributor of facilities maintenance products, recently announced it has acquired substantially all of the assets of SafetyCertified, Inc. Terms of the deal were not disclosed.
"As North America's largest distributor of safety products, we are committed to helping businesses and institutions manage and operate safe and healthy workplaces," said Mike Pulick, President of Grainger's U.S. Business. "As our customers are asked to do more with less, they are looking for a provider who can meet both product and service needs. By integrating new service capabilities like SafetyCertified into our U.S. business, we will be able to offer solutions that we expect will help our customers maintain regulatory compliance, reduce accident and injury rates and decrease operating costs."
The SafetyCertified business is a safety and risk-management business that offers an online program to assist organizations in their efforts to comply with Occupational Safety and Health Administration (OSHA) regulations, with program features around OSHA analysis, compliance, training and research. Grainger will offer this fee-based online service to complement its extensive safety product line and focus on comprehensive safety solutions.
Wabash National Corporation (NYSE: WNC) recently announced Trailer Investments, LLC (a wholly-owned entity of Lincolnshire Equity Fund III, L.P., a private equity investment fund managed by Lincolnshire Management, Inc.), as Selling Securityholder, has entered into an agreement to sell 9,349,032 shares of the Company's common stock in an underwritten public offering at a price per share to the public of $6.75. All shares being offered will be issued upon the exercise of a warrant held by the Selling Securityholder that will be sold to, and exercised by, the underwriter. The Company did not offer shares of the Company's common stock as part of this offering, and will not receive any proceeds from the sale of the warrant by the Selling Securityholder. Closing of the offering is expected to occur on September 17, 2010, subject to customary closing conditions.
Wabtec Corporation (NYSE:WAB) recently announced that it will report third quarter results before the U.S. financial markets open on Wednesday, Oct. 27. The company will conduct a conference call to discuss those results with analysts and investors at 10 a.m. the same day. To listen to the call via webcast, please go to www.wabtec.com and click on the "Investor Relations" and "Webcasts" tabs of the site. An audio replay of the call will also be available by calling 412-317-0088 (passcode: 466#).
Wabtec Corporation is a global provider of value-added, technology-based products and services for the rail and transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services.
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