H.E.R.C. Products Inc.

News & Analysis

h.e.r.c. products inc. - All News and Analysis

• H.E.R.C. Products Inc. Concludes Sale of Its Consumer Products Subsidiary

  - 1998-12-17

  PHOENIX--BUSINESS WIRE--Dec. 17, 1998--H.E.R.C. Products Inc. (OTC BB:HERC)(BSE:HER) Thursday announced that it has concluded the sale of its consumer products subsidiary, H.E.R.C. Consumer Products Inc., to UNELKO Corp. of Scottsdale, Ariz. UNELKO paid a cash consideration of $200,000 plus a 3% royalty of the adjusted revenue above $1 million...

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• H.E.R.C. Products Inc. Announces Closing of Second Private Placement Facility

  - 1998-06-18

  PHOENIX--BUSINESS WIRE--June 18, 1998-- H.E.R.C. Products Inc. (NASDAQ Small Cap:HERC) Thursday announced the closing of a second private equity placement of 1,620,000 shares of unregistered common stock of the company for $502,200. The placement was priced at $0.31 per share. The funds will be used for...

  Tags: Business Wire, FINANCE, H.E.R.C. Products Inc., Investment, Phoenix Technologies, READERS

• H.E.R.C. Products Inc. Announces Closing of Second Private Placement Facility

  - 1998-06-18

  PHOENIX--BUSINESS WIRE--June 18, 1998-- H.E.R.C. Products Inc. (NASDAQ Small Cap:HERC) Thursday announced the closing of a second private equity placement of 1,620,000 shares of unregistered common stock of the company for $502,200. The placement was priced at $0.31 per share.The funds will be used for general corporate purposes and expansion...

  Tags: Business Wire, FINANCE, H.E.R.C. Products Inc., Investment, Phoenix Technologies, Readers

• H.E.R.C. Products Inc. Reports Financial Results for the Three Months Ended March 31, 1998

  - 1998-05-19

  PHOENIX--BUSINESS WIRE--May 19, 1998--H.E.R.C. Products Inc. (NASDAQ:HERC) Tuesday released operating results for the three months ended March 31, 1998 which were included in the company's Form 10-QSB filed with the SEC on May 15, 1998. The company reported an operating loss of $75,000 and a net loss...

  Tags: FINANCE, H.E.R.C. Products Inc., income, Phoenix Technologies, SALES, SEC

• H.E.R.C. Products Inc. Announces Cleaning Contract at McCarran Airport in Las Vegas

  - 1998-03-06

  PHOENIX--BUSINESS WIRE--March 6, 1998--H.E.R.C. Products Inc. (NASDAQ Small Cap: HERC) Friday announced the completion of the first half of a fire sprinkler system pipe cleaning contract at McCarran International Airport in Las Vegas, with Grinnell Fire Protection Systems Company utilizing HERC's patented Pipe KleanR technology. The...

  Tags: Business Wire, H.E.R.C. Products Inc., Phoenix Technologies, Readers, Strategy

• H.E.R.C. Products Inc. Announces Financing Facility For Accounts Receivables

  - 1997-09-26

  PHOENIX--BUSINESS WIRE--Sept. 26, 1997--H.E.R.C. Products Inc. (NASDAQ SmallCap: HERC) announced today the announcement of a factoring facility with KBK Financial, Inc. of Fort Worth, Texas. 80% of a maximum of $600,000 in eligible receivables may be financed. The initial term of the facility is two years which may be extended....

  Tags: Business Wire, factoring, FINANCE, financing, H.E.R.C. Products Inc., Phoenix Technologies, Readers

• H.E.R.C. Products Inc. Announces Five Year Contract with the U.S. Navy

  - 1997-09-09

  PHOENIX--BUSINESS WIRE--Sept. 9, 1997--H.E.R.C. Products Inc. (NASDAQ Small Cap: HERC) announced today, the award of a five year contract with the U.S. Navy, Norfolk Supervisor of Shipbuilding to use its proprietary technology to clean vacuum sewer systems on ships of the Atlantic Surface Fleet in the Norfolk, Va. region. ...

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• H.E.R.C. Products Incorporated names John P. Johnson Chief Financial Officer; Former CFO of the New York Stock Exchange, Inc

  - 1997-01-14

  PHOENIX--BUSINESS WIRE--January 14, 1997--H.E.R.C. Products Incorporated (Nasdaq Small Cap: HERC) announced that John P. Johnson, CPA, has joined the Company as Chief Financial Officer. Mr. Johnson assumes the CFO title from Gary Glatter, who continues to serve as H.E.R.C.'s President and Chief Operating Officer. Mr....

  Tags: Business Wire, CFO, FINANCE, H.E.R.C. Products Inc., Johnson, Outsourcing