Stevia / LOHAS Stock Alert: GLG Life Tech Corporation (TSX: GLG) (OTC: GLGLF) Announces First Quarter 2014 Financial Results

Vancouver, B.C. - May 13, 2014 (Investorideas.com Newswire) GLG Life Tech Corporation (TSX: GLG) (OTC: GLGLF) ("GLG" or the "Company"), a vertically-integrated leader in the agricultural and commercial development of high-quality stevia and other natural sweeteners, announces financial results for the quarter ended March 31, 2014.

2014 FIRST QUARTER HIGHLIGHTS
New sales strategy delivers Top Line Sales Growth
Revenue for the three months ended March 31, 2014, was $4.7 million, an increase of 44% compared to $3.2 million in stevia-related revenue for the same period last year. We achieved this increase primarily by pursuing sales of higher purity stevia extracts to international customers that generate monthly recurring revenues. This focus was consistent with our strategy of moving away from sales of lower purity stevia extract sales to other China-based stevia providers, in favor of international sales of our higher purity products. As a result, international sales contributed to 48% of Q1 2014 revenues, compared to only 23% in the first quarter 2013, and international sales more than doubled year over year.
Other sales growth initiatives in 2014 include the introduction of the Company's second zero calorie natural sweetener -- Luo Han Guo or "Monkfruit" -- and the sale of other natural ingredients complementary to stevia (our GLG Naturals+ line of products). There were no sales of Luo Han Guo or GLG Naturals+ products in the first quarter 2014; however, Luo Han Guo production is expected to commence in the fourth quarter of 2014, following the next harvest, and sales of GLG Naturals+ ingredients are expected to commence in the second quarter of 2014. Additionally, the Company recently announced its launch of a new line of stevia sweeteners -- organipureTM. Along with the clean finish and rounded sweetness of our usual high-quality GLG stevia extracts, the organipureTM products carry organic certifications recognized in both North America and Europe.
Cash-based SG&A expenses flat in Q1 2014 compared to Q1 2013
Cash based selling, general and administration expenses were flat at $1.3 million for the three months ended March 31, 2014, compared to the comparable period in 2013.
Non-cash-based SG&A expenses up in Q1 2014 compared to Q1 2013
Non-cash-based selling, general and administration expenses for stock-based compensation and amortization charges increased to $0.6 million for the three months ended March 31, 2014, from $0.3 million in 2013.
Other expenses were up in the first quarter of 2014 due to appreciation of US Dollar relative to the Canadian Dollar
Other expenses for the three months ended March 31, 2014, was $2.4 million, a $0.9 million or 59% increase compared to $1.5 million for the same period in 2013. Other expense increases are driven by the appreciation of the USD against the Canadian dollar during the quarter, which drove a net increase on foreign exchange losses between the two periods of $0.8 million.
33% increase in net loss in Q1 2014 driven primarily by appreciation of US Dollar relative to the Canadian Dollar
For the three months ended March 31, 2014, the Company had a net loss attributable to the Company of $5.0 million compared to a net loss of $3.7 million for same period in 2013.
Non-GAAP Financial Measures
Gross Profit (Loss) before capacity charges
This non-GAAP financial measure shows the gross profit (loss) before the impact of idle capacity charges are reflected on the gross profit margin. GLG had only 50% of its production facilities in operation in the first quarter of 2014 and idle capacity charges have a material impact on the gross profit (loss) line in the financial statements.
Gross Profit (Loss) before capacity charges for the three months ended March 31, 2014, was $0.9 million or 19% of first quarter revenues, compared to $1.1 million or 33% of first quarter revenues for the same period in 2013.
Improvement in Earnings before Interest Taxes and Depreciation ("EBITDA") and EBITDA Margin achieved in the first quarter of 2014 compared to 2013
EBITDA for the quarter ended March 31, 2014, was negative $1.3 million or negative 28% of revenues, compared to negative $1.2 million or negative 37% of revenues for the same period in 2013.
Financial Resources
The Company decreased its cash position by $1.7 million as at March 31, 2014, from the start of the year. The Company has a working capital deficit of $33.6 million as of March 31, 2014, compared to a working capital deficit of $29.4 million for the period ending December 31, 2013. The negative working capital has been driven by the total of $46.5 million of inventory impairment charges recognized since the year ended December 31, 2011. The Company has pursued the following actions to manage this situation since 2013. The Company has reduced short-term by loans refinancing with longer term debt from banks and through loans from its Chairman. The Company has also reduced accounts payable and negotiated with its creditors on extended payment terms.
Results from Operations
The following results from operations have been derived from and should be read in conjunction with the Company's annual consolidated financial statements for 2013 and the condensed interim consolidated financial statements for the three-month period ended March 31, 2014.
For further information of the Company's financial performance for the quarter ended March 31, 2014, please see the Company's interim financial statements for the quarter ended March 31, 2014, and the Company's Management Discussion and Analysis for the quarter ended March 31, 2014.
Sales Outlook
The Company plans to focus on four key components to expand its sales in 2014.

1. Continued focus on increasing its international customers of high-purity stevia extracts.
2. Focus on developing Chinese market through its partnership with COFCO.
The Company currently has a number of formulation projects underway with COFCO NHRI and a number of COFCO's key subsidiaries.
3. Expansion of natural sweetener product line to include Luo Han Guo ("LHG") (Chinese Monk Fruit) in 2014.
The Company is currently working with key customers for LHG and expects to be in production in the fourth quarter of 2014, after the harvest of its first fruit. The Company continues to prepare all aspects of its operations for the formal launch of its production including agriculture, regulatory filings and production preparation. The Company plans on utilizing its currently idle plants to produce Luo Han Guo.
4. Sales of other complimentary natural ingredients through its GLG Naturals+ product line in 2014.
The Company is currently quoting a number of these products to existing and new potential customers and expects this product-line to be generating revenues in 2014.

Agriculture Outlook
The Company has arranged planting of its H3 Leaf in China in 2014. Analysis of its H3 and H4 leaf compared to other competitors' leaf available in China clearly shows GLG's lead in providing a seed that generates a significant amount of steviol glycosides in the leaf (13 to 15% range), a high percentage of Rebaudioside A (65 to 70% range) and a larger weight per acre planted than any other varieties available in China. The weight per acre is a key metric of interest to farmers in China who are evaluating whether to grow our stevia leaf versus other alternative crops or competing stevia seedlings.
The Company is also pleased to report on the success of its non-GMO hybrid breeding program which has resulted in a number of new strains that it plans to develop, which have individual advantages such as:

• higher amounts of total steviol glycosides and higher amounts of Rebaudioside A.
• higher amounts of targeted glycosides such as Rebaudioside C, Rebaudioside D and Rebaudioside M. The Company has seen some new seedling varieties with double to triple the amount of these strategic glycosides.
• The Company will continue on to the next step to bring these proprietary seedlings to the next stage of development and expects availability for planting within the next 3 to 5 years.

The Company is of the view that the Consumer's preference will always be "naturally sourced from a stevia leaf" glycosides compared to those originating from a different process such as fermentation.
Contact:
Stuart Wooldridge, Investor Relations
Phone: +1 (604) 669-2602 ext. 104
Fax: +1 (604) 662-8858
Email: ir@glglifetech.com
About GLG Life Tech Corporation
GLG Life Tech Corporation is a global leader in the supply of high purity stevia extracts, an all-natural zero-calorie sweetener used in food and beverages. The Company's vertically integrated operations cover each step in the stevia supply chain including non-GMO stevia seed breeding, natural propagation, stevia leaf growth and harvest, proprietary extraction and refining, marketing and distribution of finished product. For further information, please visit www.glglifetech.com.
Forward-looking statements: This press release contains certain information that may constitute "forward-looking statements" and "forward looking information" (collectively, "forward-looking statements") within the meaning of applicable securities laws. Such forward-looking statements include, without limitation, statements evaluating the market, potential demand for stevia and general economic conditions and discussing future-oriented costs and expenditures. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes" or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
While the Company has based these forward-looking statements on its current expectations about future events, the statements are not guarantees of the Company's future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors include amongst others the effects of general economic conditions, consumer demand for our products and new orders from our customers and distributors, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing forward-looking statements. Specific reference is made to the risks set forth under the heading "Risk Factors" in the Company's Annual Information Form for the financial year ended December 31, 2012. In light of these factors, the forward-looking events discussed in this press release might not occur.
Further, although the Company has attempted to identify factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
As there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements, readers should not place undue reliance on forward-looking statements.
Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers Disclosure: GLG Life Tech Corporation (TSX: GLG) April 9th 2014 - two months news and content publication , two thousand five hundred per month. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Biotech News Alert: Sunshine Biopharma (OTCQB: SBFM) ANNOUNCES ISSUANCE OF NOTICE OF ALLOWANCE FOR THE PATENT APPLICATION COVERING Adva-27a ANTICANCER COMPOUND IN CANADA

MONTREAL, QC - May 12, 2014 (Investorideas.com Biotech Newswire) Sunshine Biopharma, Inc. (OTCQB: SBFM), a pharmaceutical company focused on the research, development and commercialization of drugs for the treatment of various forms of cancer today announced that a “Notice of Allowance” for the patent application covering its lead antitumor compound, Adva-27a, has recently been issued in Canada. The allowed claims in Canada are nearly identical to those already issued in the United States where Sunshine Biopharma is the exclusive licensee. Sunshine Biopharma has previously announced preclinical results showing that Adva-27a has excellent pharmacokinetics profile in rats and remarkable cytotoxic activity against a variety of multidrug resistant cancer cells including breast cancer cells and pancreatic cancer cells. Adva-27a appears to be unique in its ability to destroy multidrug resistant cancer cells. Sunshine Biopharma is moving forward with the next steps in the development of Adva-27a which include GMP manufacturing, IND-enabling studies and Phase I clinical trials.

“Allowance of the Adva-27a patent application in Canada constitutes yet another stamp of approval for the validity and innovative aspects of Adva-27a ,” said Dr. Steve N. Slilaty, Chief Executive Officer of Sunshine Biopharma. “We are very excited about moving our Adva-27a to the next stage of development and the prospects of it becoming a new weapon in the battle against cancer.”
About Adva-27a
Adva-27a is Sunshine Biopharma's lead anticancer compound, a small molecule that has recently been shown to be effective at killing multidrug resistant breast cancer cells, small-cell lung cancer cells, uterine sarcoma cells and pancreatic cancer cells (Published in ANTICANCER RESEARCH, Volume 32, Pages 4423-4432, October 2012). Adva-27a is currently in the IND-Enabling stage of development. The original U.S. patent covering Adva-27a was issued on August 7, 2012 under U.S. patent number 8,236,935. The Company is planning a Phase I clinical trial of Adva-27a for pancreatic cancer in parallel to the Phase I clinical trial of Adva-27a for multidrug resistant breast cancer to be conducted at McGill University's Jewish General Hospital in Montreal (Canada).
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Contact:
For Additional Information
Camille Sebaaly
CFO
Sunshine Biopharma, Inc.
Direct Line: 514-814-0464
camille.sebaaly@sunshinebiopharma.com
www.sunshinebiopharma.com
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: SBFM has renewed effective December 3,2013 with Investorideas for six months of news publication and general public awareness of the company news and technologies and products in the biopharma markets ( one hundred thousand shares of 144 stock per 3 month period for a total of six months ) More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Breaking Tech News: CNBC Ad Campaign for NXT-ID's (OTCQB: NXTD) Next Generation Smart Wallet, Wocket™, to Begin May 14th

SHELTON, CT - May 12, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, is pleased to announce that the first series of 30 second spots on CNBC for its next generation smart wallet, Wocket™ , will start airing May 14th. The ads will air on Squawk Box, Squawk on the Street and Street Signs.
The "Get to know Wocket™ " ad campaign is part of a comprehensive marketing roll- out including the May 28th press conference and marketing event to be held at the Plaza Hotel in New York City ( 3:00 - 5:00 PM ). Advance ordering for Wocket™ will start at 5:00 pm May 28th at http://www.wocketwallet.com/.
Dates and Times (times estimated)

CNBC 5/14/2014	07:54 a	SQUAWK BOX
CNBC 5/14/2014	10:26 a	SQUAWK ON THE STREET
CNBC 5/14/2014	02:20 p	STREET SIGNS
CNBC 5/15/2014	07:39 a	SQUAWK BOX
CNBC 5/15/2014	10:18 a	SQUAWK ON THE STREET
CNBC 5/15/2014	02:45 p	STREET SIGNS
CNBC 5/16/2014	10:19 a	SQUAWK ON THE STREET
CNBC 5/16/2014	02:09 p	STREET SIGNS

Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
Media and shareholders wishing to attend the May 28th marketing and press conference event can email info@nxt-id.com or call 800 665 0411.
The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq/
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Forward-Looking Statements for NXT-ID
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contact:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 2013: Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous service. More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

NXT-ID, Inc. (OTCQB: NXTD) Tech News: Florida Radio Interview Discusses the Launch of Wocket Smart Wallet: The Re-incarnation of the Wallet in the Digital Age

SHELTON, CT - May 7, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, today announced the release of a recent Florida radio interview with Mr. Gino Pereira, CEO of NXT-ID, Inc., in which he discusses the launch of the Company's next generation, biometrically secure smart wallet, Wocket™.

In this interview which took place on May 2, 2014, Mr. Pereira discussed Wocket™' s launch and entry into the smart wallet market on Florida's WMEL Newsmakers Line - Information Overload Hour with host John Harper. The interview is part of a six-week series on WMEL, discussing the Company's full suite of biometric products and technologies. NXT-ID, Inc.'s technology and development team is based in Palm Bay Florida.
Radio host John Harper asks, "What exactly is a Wocket? "
Mr. Gino Pereira, CEO of NXT-ID, Inc. explains,"A Wocket™ is the world's first smart wallet that locks all your private information in an electronic vault. Everything that you have in your wallet that is sensitive; your credit cards or other personal information, we can take and put it securely in an electronic vault. It is really the re- incarnation of the wallet in the digital age."

Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.
Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
NXT-ID is currently ready to launch its marketing campaign for Wocket™ with a series of CNBC ads airing during prime-time hours commencing the week of May 12th. Additionally the company is holding a press conference and marketing event for media and shareholders May 28th at the Plaza Hotel in New York. Advance ordering will be available online following the event at http://www.wocketwallet.com/
To listen to the full interview : WMEL Newsmakers Line - Information Overload Hour, 1:35PM Friday May 2 , 2014
http://nxt-id.com/radio-interview/
About Information Overload Hour http://www.1300wmel.com/
John Harper hosts special guests on the show. His in-depth interviews feature exciting business stories, unique personalities, diverse lifestyles, fascinating new products, and topics drawn from current events.
John Harper has been in the talk radio industry since the early 70's serving in various broadcasting positions from producer, talk show host, program director, general manager, and for the past twenty years as owner of WMEL Talk Radio AM 1300 in the Cocoa Beach/Melbourne/Palm Bay, Orlando Florida markets of the Space Coast of Florida.
In addition to his years of local talk radio ownership, John Harper has been involved with the Space Program at the Kennedy Space Center. He has served as the key anchor to all Space Shuttle and Rocket launches from KSC on the Space Coast of Florida.
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™ ; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/, http://www.wocketwallet.com/
NXT-ID' wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Forward-Looking Statements for NXT-ID
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contact:
Investor Inquiries:
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
ksmith@proactivecapital.com
Media: 800 665-0411

Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: November 2013: Investorideas is compensated by NXTD: five thousand per month for news publication and syndication and is long 144 shares from previous service. More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

3D Printing News Alert: Vancouver Based 3DPrinting Company Tinkerine (TSX.V: TTD) Launches New Consumer DittoPro 3D Printer

Vancouver, BC, New York, NY - May 7, 2014 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, a global news source covering leading sectors including 3D printing technology, reports on the recent launch event held by Tinkerine Studios Ltd. (TSX.V:TTD).

On May 1 st, 2014, the Company launched its DittoPro 3D Printer, calling it the industry's first affordable 'prosumer' (the market segment that offers professional-grade equipment at a consumer level price) 3D printer.
"The prosumer market is demanding a 3D printer that features quiet operation along with high speed, high resolution and massive build volume. DittoPro delivers on all of these, packaged in an elegant design that owners will be proud to have on display," said Eugene Suyu, President and Chief Executive Officer, Tinkerine Studios.
The event was attended by many interested Vancouver-area techies and business people, who are excited about a new product that is about to change the industry, not just in how the DittoPro works, but also in how it is being marketed.
The 3D printing industry is the fastest growing technology sector and it is a considered disruptive technology. Wohlers Associates, a rapid product development consulting firm, predicts a strong double-digit growth in the 3D printing industry over the next several years. In four years, Wohlers Associates believes that the sale of 3D printing products and services will approach $6 billion worldwide. By 2021, Wohlers Associates forecasts the industry to reach $10.8 billion. Research from Gartner Group, Juniper Research, RBC and Credit Suisse all have similarly impressive growth estimates.
In just over a year Tinkerine has developed a 3D printer which has advanced from one that required assembly and a more sophisticated user, to one that is fully assembled, sleek, user-friendly and designed for the curious consumer who wants to get into 3D printing but may not be tech savvy.
The most curious minds, and the ones that are increasingly enamored with all things tech, are today's students. Currently, there are about 113,000 K to 12 schools in Canada and the US with about 60.7 million students and about 21 million students enrolled in over 4,600 post-secondary and higher-learning intuitions in North America. Therefore, the company's marketing team would like to see the DittoPro being utilized in schools everywhere. So, Tinkerine is starting an education initiative named Tinkerine U which will provide educational content, materials and 3D models for both the teachers and the students to enable and streamline learning with a 3D printer.
Imagine students having the ability to physically create what they had previously only been able to dream, think, and draw or print off a replica of a sharks jaw, DNA molecule chain or represntation of an algebra expression. A whole new generation of tomorrow's entrepreneurs and inventors are ready and waiting to take the next step – and the DittoPro would be the means of accomplishing that.
“We believe everyone can be a designer, and should have the ability to easily create whatever they want, whenever they want" says Tinkerine CEO, Eugene Suyu.
“Once the students and teachers are exposed to 3D printing, they can be imaginative and explore the capabilities of 3D printing in depth….just imagine them having the ability to easily create whatever they want, whenever they want" added Suyu.
The Company manufactures 70% of the product right in Vancouver, making it a local enterprise.
The retail price for DittoPro 3D Printer is $1,999 CAD ($1,899 USD) fully assembled. The Company expects begin to ship its product at the end of May.
DittoPro, the 3D printing industry's first affordable prosumer
Tinkerine Team
Tinkerine First 3-D Printers
About Tinkerine
Tinkerine develops, manufactures, distributes and sells 3D printers, software and materials for the consumer and education markets – the fastest growing segments of 3D printing. Current products include the newly released DittoPro, and previously released award-winning Ditto+ and Litto 3D printers, all acclaimed for their high performance and affordability. Tinkerine's 3D printers work seamlessly with its integrated 3D software to make printing intuitive and accessible to anyone. http://www.tinkerine.com/
Investorideas.com publishes a list of 3D Printing stocks as part of the Investor Ideas membership
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Mining Stock Alert: SilverCrest (TSX: SVL) (NYSE MKT: SVLC) Announces Commencement of Mill Commissioning At Santa Elena

Vancouver, British Columbia - May 5, 2014 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX:SVL) ( NYSE MKT: SVLC) is pleased to announce a major milestone for the Company with the commissioning of the new 3,000 tpd CCD-MC processing plant now underway at its 100% owned Santa Elena Mine in Sonora, Mexico. The scheduled three year Expansion Plan to transition from an open pit heap leach operation to a conventional mill and underground mine is nearing completion. The US$99 million program including drilling, Pre-Feasibility Study, detailed engineering, new processing plant, and underground development is on budget (+/-5%) and has experienced only modest delays from the original schedule. Construction involved approximately 450 workers at its peak with a total of more than 1.5 million man-hours worked. Please click here www.silvercrestmines.tv/ to view the new ball mill in operation. For additional information and to view photos and videos of the mill, the processing plant and the mine site, please visit the Company’s website at www.silvercrestmines.com.

N. Eric Fier, President and COO stated, “The mill start-up is a significant milestone in the successful development of Santa Elena and the responsible growth created by the "phased approach" business plan of the Company. This major achievement is a testament to the hard-working teams at Santa Elena and SilverCrest as we continue to make the transition from a junior to a mid-tier precious metal producer. The new processing facility and underground mine will significantly increase our silver and gold production in 2014 and beyond.”
Commissioning Phase
The commissioning phase for the processing facility, which is expected to span approximately three months, will gradually increase throughput parameters from approximately 500 tpd until the design capacity of 3,000 tpd is reached. The commissioning phase is planned to test all aspects of the facility and remediate any issues that may arise. Mill feed during the commissioning period will initially come from the leach pad reserve with blending of higher grade underground ore to start in late Q2 2014. Underground development ore is being progressively stockpiled (currently 4.7k tonnes grading 1.3 gpt Au and 81 gpt Ag) in anticipation of processing during the commissioning period.
During the three month commissioning phase, metal production from the heap leach operation will continue at a reduced rate.
Underground Update
Underground development continues on an accelerated schedule to access underground ore for mill feed. Development work is progressing at an average rate of 10 metres per day with more than 2,800 metres completed. The decline ramp has reached the 570 metre level (surface at 780m) and five lateral levels have accessed underground reserves in preparation of stope production. Underground production equipment (Company-owned and operated) is expected to arrive on site later this quarter with immediate accelerated production from already developed stopes. 
The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, President and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. (NYSE MKT: SVLC; TSX: SVL) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest’s flagship property is the 100%-owned Santa Elena Mine, located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, México. The mine is a high-grade, epithermal silver and gold producer, with an estimated life of mine of 8 years and operating cash costs of $11 per ounce of silver equivalent (55:1 Ag:Au) for the open pit heap leach and underground mine. SilverCrest anticipates that the new 3,000 tonnes per day conventional mill facility at the Santa Elena Mine should recover an average annual rate of 1.5 million ounces of silver and 32,800 ounces of gold over the current reserve. Major expansion and construction of the 3,000 tonnes per day conventional mill facility is nearing completion and is expected to significantly increase metals production at the Santa Elena Mine (open pit and underground) in 2014 and beyond. Exploration programs continue to make new discoveries at Santa Elena and also have rapidly advanced the definition of a large polymetallic deposit at the La Joya property in Durango State, Mexico.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such forward-looking statements concern the Company's anticipated results and developments in the Company's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company's ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Company's status as a foreign private issuer in the United States; risks related to all of the Company's properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company's forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
N. Eric Fier, President & COO
SILVERCREST MINES INC.
Neither TSX Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Fred Cooper
Telephone: (604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
Email: info@silvercrestmines.com
Website: www.silvercrestmines.com
Address: Suite 501 - 570 Granville Street
Vancouver, BC Canada V6C 3P1
Published at Investorideas.com Newswire
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: SilverCrest Mines has compensated Investorideas.com for the distribution and publishing of this news release (annual news publication 9700) http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Switzerland's Role in the Gold Market

May 1, 2014 (Investorideas.com Mining stocks newswire) When one thinks of Switzerland, banking comes to mind easily but gold doesn't as much. After all, the relationship between Switzerland and gold is more ancient than the one with paper bank deposits. Certain bankers from Geneva, such as Lombard Odier and Pictet, started in 1800 and have more than 200 years of history. Back then, paper money didn't exist yet and deposits consisted mainly of gold and silver. Today, still, a full two-thirds of the world's gold goes through Switzerland and, in an average year, it refines grossly 70% of the world's gold. Six of the gold refiners on the LBMA Good Delivery list make for 90% of global volume, and four of those are in Switzerland. Up until 1992, the Swiss franc's 40% backing by gold was written in the country's Constitution. When Switzerland became a member of the International Monetary Fund (IMF) it had to abandon this backing by gold. Today, Swiss citizens have asked for a referendum to be called in order to get back to that backing.
Gold is, along with silver, the oldest money in the world, hence its unbreakable relation with the banking system. Gold is also the most liquid and transportable wealth protection in time and space. In case of war or revolution, it is hard to flea with one's property or other valuable assets as can be done with gold. In 1685, when the Nantes Edict was revoked by Louis XIV, Protestants were definitely denied their religious rights. This led most of the Huguenots to flea to the European Protestant countries, such as Switzerland.
We all know about Switzerland's banking secrecy, but a little less about its origins. One might think that it originates in a text of law, like in other banking centers. But banking secrecy is profoundly buried in the Swiss mentality. One can always revoke a law, but it is very hard to change one's state of mind or tradition. When you ask a question of a Swiss, you have to follow up with ten more questions in order to get a complete response. He will answer bit by bit. If you ask the same question of an Italian, he will tell you about his whole life. Having lived in Switzerland, this is how I can best describe Switzerland's banking secrecy. Swiss people are discreet by nature. They don't need laws... laws only reinforce what is de facto.
« It is not the federal banking laws' article 47 that defines the notion of banking secrecy in Switzerland, but common law; banking secrecy thus falls under the general dispositions of the code of contractual obligations, as well as under articles 27 and 28 of the civil code, which put into law the principle of identity protection. » (1) « Penalties for breaking this principle are covered by the federal banking laws' article 47, constituting a disposition of administrative penal law. »(2) The civil code protects every personal right worth protecting and, notably, private life secrecy. The Swiss federal Court estimates that, « the inviolability of private life does not only constitute a moral principle, but is also a civil right, a « judicial asset »; it is an attribute of personality, and the law protects it. »(3) And privacy in the economic sphere is also protected.

« What sane man would not put away some money in swiss banks? Switzerland is the vault of the world », Félix Houphouët-Boigny, former President of the Ivory Coast.

For a long time Switzerland has been building infrastructures to safeguard financial assets such as gold. Its political stability, its neutrality, its defense system based on a militia army, and the Alps, that serve as a natural fortress, make Switzerland the ideal safe vault for gold. In addition, we can add to that ultra-qualified personnel, more dedicated to excellence than to volume.
During the crisis of the London Gold Pool in the ‘70s, Zurich has even come close to becoming the main gold trading hub, at the expense of London. The Bank for International Settlements (BIS), the central banks' banker, is still based in Basel. Almost all of central banks' gold trades are effected by the BIS in the utmost discretion. The headquarters of the World Gold Council was in Zurich, before moving to London recently. Geneva, where the most important jewelry auctions take place, has also been the global center for jewelry and watchmaking for many years.

The sound management of public finances has the effect of the Swiss franc mimicking the price of gold closely. Recently, in order to protect its exporting businesses, Switzerland decided to peg the Swiss franc to the euro, thus diminishing its attraction as an anti-inflation currency (in favor of gold). Even though Swiss banking secrecy is no longer backed as much by the authorities and the large banks, it still remains strong in the mentality of the Swiss people. True, the Americanization of the Swiss banking system since the ‘80s has weakened banking secrecy and the role of gold in fortune management. However, having talked with Swiss wealth managers, I see that this is starting to change and that, without admitting it publicly, they include more and more gold in their clients' portfolios. In the last ten years, several companies specialising in gold storage for businesses and individuals, outside the banking system, have appeared.
The Swiss have a reputation for excellence in gold refining. That has let Switzerland become the hub of gold refining, with nearly 70% of the world's gold transiting through the country. Mining companies and gold recyclers export to Switzerland, where the gold is purified to the highest levels (.9999 or even .99999). It is then exported in the whole world to jewellers, investors or central banks.
The best precious metals storage and safekeeping companies are also based in Switzerland.
Other countries are trying to compete with Switzerland, but they still have a long way to go, especially since Switzerland is not sleeping on its laurels. Two of those countries are City-States like Dubai and Singapore. Singapore is a stable haven in Asia, as is Dubai in the Middle East, but they haven't reached Switzerland's level yet. Dubai is trying to develop an expertise in refining and trading gold, whereas Singapore, already with an excellent infrastructure for wealth management, is developing its capacity for gold storage and, also, a gold trading market for Asia.
We live in uncertain times, and no one is safe from unforeseen events. In the actual context, it seems to me that Switzerland is the best place to store gold. However good the infrastructures may be, one must never lose sight of the financial health of the country in which one wants to store gold. A fiscal or financial paradise that has gone into debt loses its independence and will not hesitate to use legal means to confiscate assets and, thus, gold, that are on its territory, as we've seen with Cyprus recently. The United States and the European Union have already adjusted their legislation for possible confiscation. Even Switzerland was taking the wrong road with its public finances in the ‘90s but, thanks to direct democracy, a positive radical change has taken place. This is a positive element for Switzerland, even though I remain vigilant. The only caveat I have is that the large Swiss banks, because of high exposure to derivatives and being very present in the United States, have lost a little of their financial stability and, consequently, a little of their independence.

« It is said that the Swiss only love money... this is not true. They also love gold. » Anonymous

Gold Price vs Swiss franc
Largest Gold Refineries by Capacity (tonnes per year)
Switzerland's Gold Trading (2013)
Gold Trading between Hong Kong and Switzerland
Notes :
(1) (2) (3) Maurice Aubert, Jean-Philippe Kernen, Herbert Schonle, Le secret bancaire suisse
Dan Popescu Gold & Silver Analyst / Member of the Goldbroker.com Editorial Team
Mr. Popescu is an independent investment analyst and studies the gold and silver market and their future role in the international monetary system. He has followed regularly since 1970 the gold, silver and foreign exchange markets. He has a bachelor degree in physics (1993) from Concordia University in Montreal, Canada and has completed the Canadian investment management certificate (1999) of the CSI. He is a member and was the president in 2004 of the CSTA and also was president in 2005 of the Montreal CFA Society. He is a member of the CFA Institute, the MTA, NYSSA, UKSIP, the CSTA and the Gold Standard Institute International.
Sources: https://www.goldbroker.com/en/news/switzerland-role-gold-market-483
Switzerland: the world's gold hub http://www.swissinfo.ch/eng/business/Switzerland:_the_world_s_gold_hub.html?cid=33706126
Edouard Chambost, Guide de la banque suisse et de ses secrets
Maurice Aubert, Jean-Philippe Kernen, Herbert Schonle, Le secret bancaire suisse
Nick Laird, www.sharelynx.com
Koos Jansen, www.ingoldwetrust.ch
Jan Skoyles, Where are the world's largest gold refineries?, http://therealasset.co.uk/gold-refinery-list/