Mobile Payment Stock Alert: NXT-ID (OTCQB: NXTD) Trades Up on Wocket™ Market Opportunity and Comments on Recent Launch of COIN

SHELTON, CT - November 20, 2013 (Investorideas.com Newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market traded up in this mornings session following an update on its leading product The Wocket™. The stock had a morning high of $3.98.

From the press release:
SoundView Research states, "We estimate that NXT-ID can capture 6 million users in the U.S. for its Wocket product. Based on the estimated selling price of The Wocket at $99.99 per unit, and including the optional insurance program and other ancillary services we estimate the U.S. market opportunity for NXT-ID'S Wocket to be in the range of $780M to $930M."
The Wocket™, anticipated to be coming to market in the first quarter of 2014, is a new biometrically secure device designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can replace up to 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card.
Authenticated users select payment information, via touch display or voice command and use the NXTCard as they would any other magnetic stripe credit or debit card.
The Company just reported it successfully ported its MobileBio Voicematch™ algorithm to The Wocket™. Voicematch™ is a multi-factor biometric technology that can be programmed to match both the user's voice and a specific word of choice.
"We are very excited to see consumers embracing the idea of a new simpler form of payment technology, based on the reaction to the crowd funding start up COIN over the past few days. It shows there is a demand and a desire to replace the current method of carrying around multiple credit cards in a wallet," said Gino Pereira, CEO of NXT-ID, Inc.
"We have been working on The Wocket for over two years now and have designed a product that not only replaces multiple magnetic stripe cards but also introduces a high level of security and functionality while doing so. The Wocket is a replacement for the wallet and will serve as a platform for future innovation. It can read QR codes and barcodes and will be NFC capable allowing for the next generation of contactless payments as well as the traditional magnetic stripe contact method. Very importantly, sensitive user information is directly loaded on to the Wocket without having to pass through or be stored on potentially unsecure platforms such as smartphones or web based services. With our product launch anticipated for the first quarter next year, we will be showcasing The Wocket™ developments and updates on www.thewocket.com over the coming months. We believe consumers will be as excited as we are about The Wocket™."
Full news: http://finance.yahoo.com/news/research-reports-features-wocket-tm-193835829.html
The space is getting a lot of buzz following the launch and media campaign of start- up company COIN, which is bringing its product to consumers for the summer of 2014.
According to COIN's website, Coin is a connected device that can hold and behave like the cards you already carry. Coin works with your debit cards, credit cards, gift cards, loyalty cards and membership cards. Instead of carrying several cards you carry one Coin. Multiple accounts and information all in one place. The mobile app will allow you to add, manage and sync the cards that you choose to store on your Coin. The process of adding card information to the mobile app is very simple and is done by taking a picture or two and swiping your Coin through a small device we provide you with. Each Coin costs $100. For early adopters there is a very limited quantity that can be purchased for $50.
"The consumer gets to keep their habits and the merchants can keep their habits," said Kanishk Parashar, Coin's chief executive, in an interview with the Wall street Journal.
Video:
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. 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://3d-id.net/
Published at Investorideas.com
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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.
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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 services
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) Alert: Research Reports Features The Wocket(TM), Designed to Be the Next Generation Wallet; NXTCard Functions Anywhere Credit, Debit and Loyalty Cards Are Accepted

SHELTON, CT - November 19, 2013 (Investorideas.com Newswire) SoundView Research, a leading independent research firm, recently published a report on NXT-ID Inc. (OTCQB: NXTD) featuring the market and opportunity for its leading product, The Wocket™.

SoundView Research states, "We estimate that NXT-ID can capture 6 million users in the U.S. for its Wocket product. Based on the estimated selling price of The Wocket at $99.99 per unit, and including the optional insurance program and other ancillary services we estimate the U.S. market opportunity for NXT-ID'S Wocket to be in the range of $780M to $930M."
The Wocket™, anticipated to be coming to market in the first quarter of 2014, is a new biometrically secure device designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can replace up to 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card.
Authenticated users select payment information, via touch display or voice command and use the NXTCard as they would any other magnetic stripe credit or debit card.
The Company just reported it successfully ported its MobileBio Voicematch™ algorithm to The Wocket™. Voicematch™ is a multi-factor biometric technology that can be programmed to match both the user's voice and a specific word of choice.
"We are very excited to see consumers embracing the idea of a new simpler form of payment technology, based on the reaction to the crowd funding start up COIN over the past few days. It shows there is a demand and a desire to replace the current method of carrying around multiple credit cards in a wallet," said Gino Pereira, CEO of NXT-ID, Inc.
"We have been working on The Wocket for over two years now and have designed a product that not only replaces multiple magnetic stripe cards but also introduces a high level of security and functionality while doing so. The Wocket is a replacement for the wallet and will serve as a platform for future innovation. It can read QR codes and barcodes and will be NFC capable allowing for the next generation of contactless payments as well as the traditional magnetic stripe contact method. Very importantly, sensitive user information is directly loaded on to tHE Wocket without having to pass through or be stored on potentially unsecure platforms such as smartphones or web based services. With our product launch anticipated for the first quarter next year, we will be showcasing The Wocket™ developments and updates on www.thewocket.com over the coming months. We believe consumers will be as excited as we are about The Wocket™."
Excerpt from SoundView Research Report on The Wocket™:
The Wocket has a target market of nearly $1B in the U.S. alone. The opportunity will expand across multiple segments, given that the company's products target consumers, enterprise and government agencies in the U.S. and overseas.
NXT-ID's Wocket product is the next generation of secure wallets designed to function anywhere credit cards are accepted. There are close to 200 million credit card holders in the U.S. alone and tens of millions more overseas. The average credit card holder today has 3.5 cards. Credit cards are associated with more than $2.5 trillion in transactions a year and are accepted at more than 24 mil-lion locations in more than 200 countries and territories.
Fraud is a key concern of credit card users. There is growing demand for solutions that prevent or substantially curtail the incidence of credit card fraud. The Wocket has been designed to offer consumers an affordable, mobile, biometrically secured device that has security features and functionality exceeding anything on the marketplace today. In addition, NXT-ID is planning on offering users an inexpensive monthly insurance plan for frequent credit card users that seek even greater peace of mind.
The Wocket will also be designed to carry grocery cards, gas cards and other retail store cards that have become widespread, thus expanding its functionality to users beyond credit cards.
The Wocket is being designed to exploit Near Field Communications (NFC) technology as a way to transmit secure information over mobile devices. NFC is an emerging technology that has yet to take off, but there certainly seems to be a great deal of potential for the technology in the years ahead. We have seen analyst estimates of global, consumer financial sales transactions via NFC mobile-enabled devices growing to $50 billion by 2014. Total e-commerce sales worldwide today exceed $1 trillion, with an expected increase in market penetration of NFC-related mobile transactions in the future.
The report also covers the full MobileBio™ suite of products including facial recognition and voice recognition.
The full research report is available here:
MOBILE SECURITY BEYOND THE PASSWORD
STEPHEN WAITE AND KRIS TUTTLE - OCTOBER 15, 2013
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. 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/
About SoundView Technology Group:
We are an independent advisory and research firm specializing in emerging technologies as they reach commercialization. Our proprietary research and modeling work provides valuable information for company management teams and investors in these emerging opportunities. We regularly publish our findings across a variety of channels including all the major retail and institutional information outlets. SoundView is based in Boston, Massachusetts with locations in New York and Connecticut.
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.
Disclosures: SoundView analysts do not receive compensation for their research opinions, any specific views or conclusions. They are tasked to provide fact-based research with sound analysis. SoundView does not provide investment advice or make "buy/sell/hold" recommendations. Nor do we provide investment banking or brokerage services. We act as a publisher of our own research work and are responsible for all content. From January 2013 to July 2013 SoundView provided paid advisory services NXT-ID on their business plans, company description and investor positioning.
Contact:
Corporate info: info@nxt-id.com
Investor Relations
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
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 services
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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.

Energy Efficiency Stock Alert: Powerdyne International Inc. (PWDY) to Perform Survey for Installation of Two PDIGensets for Silver City Aluminum Company

WARWICK, RI - November 15, 2013 (www.investorideas.com newswire) Powerdyne International, Inc. (PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced it will perform an engineering survey for the installation of two of its PDIGensets at Silver City Aluminum Company, Taunton, MA.

The PDIGenset is a self contained generator using a modified radial air cooled aircraft engine to drive a 1-megawatt (MW) generator. The PDIGenset runs on natural gas, propane or almost any gaseous fuel. It is compact, lightweight, clean burning, produces low emissions and is extremely energy-efficient.
Powerdyne will prepare a site plan and other engineering plans and specifications needed for the PDIGenset installation.
Dale Euga, President and CEO of Powerdyne International, Inc., said that once the study is complete, Powerdyne and Silver City Aluminum will work to formalize their agreement with a written Memorandum of Understanding (MOU). The MOU with the plans and specifications attached are to be used to obtain necessary permits that may be required for the installation of the PDIGensets on the client property, said Euga.
Euga added that elements of the MOU will be transferred to a formal Power Purchase Agreement between PDI and Silver City Aluminum.
About Powerdyne International, Inc.:
Powerdyne International, Inc is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent and trademark pending).
PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, however, the genset is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer's current cost will result in substantial savings to the customer.
For more information on Powerdyne International go to: www.PowerdyneInternational.com
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Form 10-K and subsequent filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
Contact:
Powerdyne International, Inc.
contact@powerdyne.org
Disclaimer/ Disclosure : The Investorideas.com newswire is a recognized news source and 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 release submissions, content marketing and online advertising. All investment involves risk. More info: http://www.investorideas.com/About/Disclaimer.asp
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Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Reports Q3 Results from Santa Elena Mine in Mexico, Net Earnings Increased 194% to $0.03 Per Share

Vancouver, British Columbia - November 15, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) has reported results for its 3rd quarter ended September 30, 2013 from its flagship 100% owned Santa Elena Mine, located in the State of Sonora, Mexico.

InvestmentPitch.com has produced a "video news alert" about SilverCrest based on this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter "SilverCrest" in the search box.
Highlights of the report include cash flow from operations of $7.1 million or $0.07 per share, down 30% from $10.2 million in the same quarter in 2012. However, net earnings increased to $3.71 million, an increase of 194% from $1.26 million in the same quarter in 2012, resulting in earnings per share of $0.03, up from $0.01 per share in the previous period.
The increase in net earnings during the quarter was primarily driven by the elimination of the marked-to-market derivative impact from Hedge Facility deliveries and lower income taxes in the period, partially offset by a decrease in revenue resulting from significantly lower realized prices and lower gold sales.
Silver prices fell 31% to $22 per ounce, with gold prices declining 21% to $1,346 per ounce.
Although gold sales were down slightly to 7,522 ounces, silver sales at 204,947 ounces, were up 35% for another quarterly record.
For a complete breakdown of these numbers, please refer to SilverCrest`s current news release.
N. Eric Fier, President and COO stated, "During Q3, despite sustained lower metal prices, SilverCrest generated strong positive cash flows and net earnings. Our free cash flow continues to be reinvested at Santa Elena as capital expenditures for the expansion plan with $14.4m invested in Q3. Management continues to focus on improving operating performance and profit margins especially in light of the new mining taxes currently being legislated in Mexico. We remain on track to achieve or better our cost guidance of $8.50 per silver equivalent ounce and production guidance of 2.44 million ounces of silver equivalent."
The company`s immediate focus is to continue to efficiently operate its Santa Elena low cost open pit silver and gold mine, where production has been reaching daily highs of 5.8 grams per tonne gold and 175 grams per tonne silver.
Major expansion and construction of a new 3,000 tonne per day mill facility is underway to significantly increase production.
SilverCrest is also advancing the large silver, copper, gold deposit at the La Joya Property in Durango State, which has stated resources nearing 200 million ounces of silver equivalent.
All numbers previously mentioned refer to US dollars.
SilverCrest currently trades at $1.70 on the TSX Venture Exchange, and with 108.8 million shares outstanding, the company is capitalized at $185 million.
For more information please visit the company`s website www.silvercrestmines.com, or contact Fred Cooper at 1-866-691-1730 or email info@silvercrestmines.com.
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Published at Investorideas.com Newswire
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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

Biometric Stock Alert: NXT-ID, Inc. (OTCQB:NXTD) Reports Successful Application of MobileBio Voicematch(TM) Biometric Technology to Next Generation Digital Wallet, the Wocket(TM)

SHELTON, CT - November 14, 2013 (Investorideas.com Newswire) NXT-ID Inc. (OTCQB: NXTD), a biometrics company focused on the growing mobile commerce market, announced today that it has successfully ported its MobileBio Voicematch™ algorithm to its widely anticipated next generation payment and identity product -- the Wocket™.

The Wocket™ is a new class of biometrically secure mobile devices designed to bring the traditional wallet into the 21st century by providing the functionality of a wallet and incorporating a touch screen and a single dynamically programmable card to use for credit, debit and any other magnetic stripe functions.
"We are pleased we have surpassed this important milestone in the development of the Wocket™," says Gino Pereira, CEO of NXT-ID. "Authenticating users with our Voicematch™ speaker plus command recognition algorithm is a very convenient and user friendly way to use the Wocket™ while improving security over traditional authentication methods."
Voicematch™ is a key multi-factor biometric technology and a major building block of NXT-IDs MobileBio mobile and wearable identity technologies that bring full control and protection of private data to authenticated owners of the data.
"We are pleased with the continued development of the Wocket™," says David Tunnell, CTO of NXT-ID. "Our approach eliminates the need for passwords by authenticating identity in a natural way for users. With Voicematch™, users can simply ask for a user-defined name of a card and the Wocket™ then automatically programs the NXTCard with the card of their choice."
The company reported that it had successfully developed its Voicematch™ algorithm on November 4th, which was ahead of schedule. The multi-platform technology will run on mobile platforms such as Android and iOS, as well as laptops and desktops.
The company will be issuing an update and video of successful demonstrations of its Voicematch™ algorithm technology on Smartphone platforms in the near future.
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. 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:
Corporate info: info@nxt-id.com
Investor Relations
Kirin Smith
ProActive Capital Group
Direct: 646 863 6519
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 services
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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.

Frac Water Stock Alert: HII Technologies, Inc. (OTCBB/OTCQB: HIIT) Announces Third Quarter 2013 Financial Results

HOUSTON - November 14, 2013 (Investorideas.com Newswire) HII Technologies, Inc. (the "Company"), symbol HIIT (OTCBB/OTCQB: HIIT), an oilfield services company headquartered in Houston, Texas, today announced financial results for the third quarter ended September 30, 2013.

As stated in the Company's Quarterly Report on Form 10-Q filed on November 14, 2013, third quarter 2013 revenues were $3,931,716, which generated a gross profit of $1,136,887. For the nine months ended September 30, 2013, revenues were $9,767,926 and gross profit was $2,534,307. Increased revenues came from continued growth of AES Water Solutions' frac water transfer business and additional revenue contributions from our South Texas Power and AES Safety Services divisions which were launched in late December 2012 and January 2013, respectively. For comparison, our revenues on a consolidated pro forma basis for the three and nine month periods ended September 30, 2012 (including revenues of the Company's wholly-owned subsidiary AES Water Solutions which was acquired in September 2012) were $438,682 and $1,424,790, respectively. Accordingly, this represents revenue growth of more than 796% for the third quarter 2013, and 585% for the nine months ended September 30, 2013 from the pro forma consolidated comparable periods in 2012.
For the third quarter ended September 30, 2013, the Company had Adjusted EBITDAS of approximately $78,161, (EBITDAS defined as earnings before interest, taxes, depreciation, amortization, non-cash stock option expenses, and one-time or non-operational expense items), a non-GAAP measure. A reconciliation table of the Adjusted EBITDAS is provided below. The Net Loss for the third quarter 2013 was $175,211. The EBITDAS results were driven by increased revenues and improved sequential quarter to quarter gross margins offset by costs associated with new technology development and the expenses associated with organic territory expansion particularly in West Texas and the Permian Basin.
Regarding the Balance Sheet, total Current Assets grew from $1,743,568 at December 31, 2012 to $2,901,681 at September 30, 2013. Net Equipment increased from $537,881 at December 31, 2012 to $674,990 at September 30, 2013. This increase resulted primarily from the sale of our truck fleet and establishment of a national light-duty truck operating lease line program offset by the purchase of new flow back equipment to expand our services offered. Total Assets grew from $4,182,551 at year end 2012 to $5,533,473 at September 30, 2013. Total Liabilities grew from $3,311,580 to $4,716,250 for the same period which included $1,436,273 outstanding on a new $2 million revolving line of credit closed during the second quarter 2013. Prior to establishing our line of credit, most of our growth had been funded from existing cash flow. The line of credit provides additional liquidity to the Company as needed.
"AES continued to grow as a result of the increasing demand and operations for our frac water flow back and water transfer services," stated Brent Mulliniks, President of AES Water Solutions. Mr. Mulliniks continued, "We have expanded our services with new technologies including forming a strategic alliance with CRS Reprocessing, a global fluids reprocessing management company. This technology alliance will broaden and enhance the services provided by AES Water Solutions in the area of its water and fluids remediation business."
Matthew Flemming, CEO of HII Technologies stated, "Strong revenue continues to grow across all three divisions of Water, Safety and Power validating our strategy of focusing on core oilfield market segments where demand is anticipated to remain from horizontal drilling and hydraulic fracturing. Our management team, field people and reliable oilfield equipment should continue to fuel organic growth in our focused areas. While the Company can not give any assurances, we look forward to deploying new technologies for our operating units and additional acquisitions to fuel our future growth."
Third Quarter 2013 Statement of Operations
The table below sets forth the summary of the Company's Statement of Operations for the third quarter ended September 30, 2013 (in thousands):
The full discussion of the Company's financial results are available within the Company's Quarterly Report on Form 10-Q filed November 14, 2013.
Adjusted EBITDAS Reconciliation Table
The following is a reconciliation of income from continuing operations attributable to the Company as presented in accordance with United States generally accepted accounting principles (GAAP) to EBITDAS.
For more information, management's analysis of its financial information and the Company's risk factors, please read the Company's Quarterly Reports on Form 10-Q and its 2012 Annual Report on Form 10-K at the Edgar web site at www.SEC.gov and www.HIITinc.com.
About HII Technologies, Inc.
HII Technologies, Inc. is a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. The Company is positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the United States' active shale and unconventional "tight oil" plays by deploying new oilfield related technologies to enhance the value of services it offers its customers. The Company's frac water supply services subsidiary does business as AES Water Solutions, its onsite oilfield contract safety consultancy does business as AES Safety Services, and its mobile oilfield power subsidiary does business as South Texas Power (STP). The holding company, HII Technologies' objective is to bring proven technologies to these operating divisions to build a long-term competitive advantage. Read more at www.HIITinc.com, www.AESwatersolutions.com and www.Oilfield-Generators.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements as to matters that are not of historic fact are forward-looking statements. These forward-looking statements are based on HII's current expectations, estimates and projections about HII, its industry, its management's beliefs and certain assumptions made by management, and include statements regarding estimated capital expenditures, future operational and activity expectations, international growth, and anticipated financial performance in 2013. No assurance can be given that such expectations, estimates or projections will prove to have been correct. Whenever possible, these "forward-looking statements" are identified by words such as "expects," "believes," "anticipates" and similar phrases.
Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, including, but not limited to: risks that HII will be unable to achieve its financial, capital expenditure and operational projections, including quarterly and annual projections of revenue and/or operating income and risks that HII's expectations regarding future activity levels, customer demand, and pricing stability may not materialize (whether for HII as a whole or for geographic regions and/or business segments individually); risks that fundamentals in the U.S. oil and gas markets may not yield anticipated future growth in HII's businesses, or could further deteriorate or worsen from the recent market declines, and/or that HII could experience further unexpected declines in activity and demand for its hydraulic frac related water transfer business, its safety consultancy business or its generator and related equipment rental service businesses; risks relating to HII's ability to implement technological developments and enhancements; risks relating to compliance with environmental, health and safety laws and regulations, as well as actions by governmental and regulatory authorities; risks that HII may be unable to achieve the benefits expected from acquisition and disposition transactions, and risks associated with integration of the acquired operations into HII's operations; risks, in responding to changing or declining market conditions, that HII may not be able to reduce, and could even experience increases in, the costs of labor, fuel, equipment and supplies employed and used in HII's businesses; risks relating to changes in the demand for or the price of oil and natural gas; risks that HII may not be able to execute its capital expenditure program and/or that any such capital expenditure investments, if made, will not generate adequate returns; and other risks affecting HII's ability to maintain or improve operations, including its ability to maintain prices for services under market pricing pressures, weather risks, and the impact of potential increases in general and administrative expenses.
Because such statements involve risks and uncertainties, many of which are outside of HII's control, HII's actual results and performance may differ materially from the results expressed or implied by such forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Other important risk factors that may affect HII's business, results of operations and financial position are discussed in its most recently filed Annual Report on Form 10-K, recent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and in other Securities and Exchange Commission filings. Unless otherwise required by law, HII also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. However, readers should review carefully reports and documents that HII files periodically with the Securities and Exchange Commission.
Contact:
Matthew Flemming, HII Technologies, Inc. +1-713-821-3157.
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HIIT disclosure: March 2013: two thousand per month for profile and news publication, renewed August 2013: five hundred per month for news publication
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Mining Stock Alert: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Reports Q3, 2013 Financial Results Cash Flow from Operations of $7.1 Million ($0.07 Per Share) Net Earnings $3.71 Million ($0.03 Per Share)

Vancouver, British Columbia - November 14, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) ("SilverCrest" or the "Company") is pleased to announce its financial results for the third quarter ended September 30, 2013. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2013 and associated management discussion and analysis ("MD&A") which are available from the Company's website at www.silvercrestmines.com and under the Company's profile on SEDAR at www.sedar.com.

N. Eric Fier, President and COO stated; "During Q3, despite sustained lower metal prices, SilverCrest generated strong positive cash flows and net earnings. Our free cash flow continues to be reinvested at Santa Elena as capital expenditures for the expansion plan with $14.4m invested in Q3. Management continues to focus on improving operating performance and profit margins especially in light of the new mining taxes currently being legislated in Mexico. We remain on track to achieve or better our cost guidance of $8.50 per silver equivalent ounce and production guidance of 2.44 million ounces of silver equivalent (Ag:Au 55:1)."
FINANCIAL HIGHLIGHTS OF Q3, 2013, Compared to Q3, 2012:

• Cash flow from operations (1) decreased 30% to $7.1 million ($0.07 per share).
• Cash operating cost per silver equivalent ounce sold (2) increased 5% to $7.96.
• All-in sustaining cash costs per silver equivalent ounce sold (3) decreased by 23% to $10.41.
• Revenues reported - IFRS (4) decreased 18% to $13.7 million.
• Sales of 204,947 ounces of silver, another quarterly record, were up 35%.
• Sales of 7,522 ounces of gold were down 5%.
• Realized metal prices for ounces sold - silver price fell 31% to $22/oz and gold price fell 21% to $1,346/oz.
• Bullion inventory at September 30, 2013, included 53,131 ounces of silver and 1,819 ounces of gold.
• Net earnings amounted to $3.71 million ($0.03 per share), compared to $1.26 million ($0.01 per share).
• Cash and cash equivalents totaled $24.1 million (at September 30, 2013) after capital investments of $14.4 million.
• Working capital was $30.9 million at September 30, 2013.

COMPARISON OF THE THREE MONTHS ENDED SEPTEMBER 30, 2013 to SEPTEMBER 30, 2012;
Net earnings were $3,705,318 ($0.03 per share basic) for the third quarter compared with $1,263,316 ($0.01 per share basic) in 2012. The increase in net earnings during the quarter was primarily driven by the elimination of the marked-to- market derivative impact from Hedge Facility deliveries and lower income taxes in the period, partially offset by a decrease in revenue resulting from significantly lower realized prices and lower gold sales.
Silver and gold revenue totaled $13,669,133 (2012 - $16,694,752) in the third quarter, which includes $13,104,527 (2012 - $15,469,381) received on a cash basis.
Silver sales were another quarterly record of 204,947 ounces (2012 - 152,088), 35% higher than the same period in 2012. The foregoing, combined with a 31% lower average realized price at $22 (2012 - $31) per ounce, resulted in 7% less silver revenue.
Total gold sales were 7,522 ounces (2012 - 7,923) or 5% below 2012. The Company sold 6,017 (2012 - 5,423) ounces of gold at an average realized price of $1,346 (2012 - $1,707) per ounce, a 21% decline in realized price resulting in 13% less gold revenue. The Company delivered 1,504 gold ounces (2012 - 1,585) under the Sandstorm Gold Ltd. Purchase Agreement at $350 per ounce.
Cost of sales amounted to $5,293,749 (2012 - $4,239,773). Cash cost per silver equivalent ounce sold amounted to $7.96, Ag:Au(2) 61.2:1 (2012 - $7.60, Ag:Au(2) 51.3:1). The increase in 2013 cash cost per silver equivalent ounce sold is driven generally by higher operating costs with increases in mining contractor costs, higher crusher operating costs due to decreased throughput attributed to the effects of the rainy season, and annual salary and benefit increases for mine site personnel.
General and administrative expenses increased by 5% to $1,125,084 (2012 - $1,070,468) primarily due to an increase in remuneration, professional fees and Mexico corporate expenses. Remuneration increased by 23% to $465,050 (2012 - $379,081) with the addition of new corporate personnel in Q1, 2013, and increased compensation for management and other employees effective January, 2013. Professional fees increased by 51% to $158,231 (2012 - $104,803) due to additional legal fees relating to various corporate matters. Mexico corporate expenses increased by 75% to $177,318 (2012 - $101,056), with additional tax and legal expenses.
Deferred tax expense amounted to $663,000 (2012 - $189,000), primarily due to recognizing an income tax deduction on 2013 Santa Elena exploration drilling and related costs, which resulted in reducing the Mexican tax basis compared with the financial statement carrying book value.
Exchange gain on translation to US Dollars amounted to $459,247 (2012 - $949,838) due to the strengthening in the third quarter of the Canadian dollar against the US dollar. The financial results of the Company's Canadian operations were translated at US$1.00 = CAD$1.0512 at June 30, 2013 and US$1.00 = CAD$1.0285 at September 30, 2013.

(1) Cash flow from operations before changes in working capital items. This is a Non-IFRS performance measure.

(2) Silver equivalent ("AgEq") ounces consist of the number of ounces of silver sold plus the number of ounces of gold sold multiplied by the ratio of the spot gold price to the spot silver price at the quarter end dates (Q3 2013; 61.2:1, Q3 2012; 51.3:1).

(3) SilverCrest has started to report all-in sustaining cash costs effective Q2, 2013. All-in sustaining cash costs includes cost of sales, general and administrative expenses, sustaining capital and exploration expenditures at the Santa Elena Mine. This is a Non-IFRS performance measure.

(4) The MBL Hedging Facility was fully repaid in fiscal 2012, so this non-cash adjustment has now been eliminated.

NON-IFRS PERFORMANCE MEASURES
The discussion of financial results in this press release includes reference to "cash flows from operations before changes in working capital items", "cash operating cost per silver equivalent ounce sold" and "all-in cash cost per silver equivalent ounce sold", which are non-IFRS performance measures. The Company presents these measures to provide additional information regarding the Company's financial results and performance. Please refer to the Company's MD&A for the three and nine months ended September 30, 2013, for a reconciliation of these measures to reported IFRS results.
OUTLOOK
SANTA ELENA OPERATIONS
SilverCrest's immediate focus is to continue its efficient operation of its flagship Santa Elena low cost open pit silver and gold mine. Operations are running smoothly with open pit producing high grade benches with gold and silver grades reaching daily highs of 5.8 gpt and 175 gpt respectively. The Company is confident that it will achieve market guidance production costs of less than $8.50 per ounce AgEq and metal production for 2013 of 30,000 ounces of gold and 725,000 ounces of silver.
SANTA ELENA EXPANSION PLAN
Construction of the 3000 tpd conventional mill and facilities is proceeding according to schedule with the exception of delivery of the ball mill from the manufacturer. The mill is expected to arrive on site the last week of November resulting in a possible delay of initial start up until February. Production from the open pit heap leach portion of operations will continue until the mill is fully operational.
Underground development of the Santa Elena Main Zone is proceeding on schedule with development of the zone being established at several levels for the initial production stopes. Detailed mine plans are being finalized that will optimize grade and ore recovery.
CORPORATE
Mexico is pursuing changes to its tax laws that would impact the financial performance of the Company. Among several other tax changes and administrative proposals, the Mexican government intends to initiate a 0.5% royalty on gross revenues from the sale of gold and silver and a 7.5% royalty on earnings before interest, tax, depreciation and amortization ("EBITDA"). The Company is working with its tax and legal advisors to determine the ultimate impact of the changes in order to mitigate the overall impact.
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. (TSX VENTURE:SVL)(NYSE MKT:SVLC) 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 cash cost of US$8 per ounce of silver equivalent (55:1 Ag: Au). SilverCrest anticipates that the 2,500 tonnes per day open pit heap leach facility at the Santa Elena mine should recover approximately 625,000 ounces of silver and 33,000 ounces of gold in 2013. Major expansion and construction of a 3000 tonnes per day conventional mill facility is underway to significantly increase metals production at the Santa Elena Mine (open pit and underground) by 2014. 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 with stated resources nearing 200 million ounces of Ag equivalent.
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.
The information provided in this news release is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
N. Eric Fier
N. Eric Fier, President and COO
SILVERCREST MINES INC.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761
info@silvercrestmines.com
www.silvercrestmines.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Published at Investorideas.com Newswire
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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