Symbol: ECOB.ob Current Price: .43 Short Term Target: .75+ Long Term Target: 1.25+ Rating: 5 Stars (STRONG)
Analyst Top Pick!
VISTA, Calif., Feb. 26, 2010 (GLOBE NEWSWIRE) -- EcoBlu Products, Inc., (OTCBB:ECOB - News) announced today that it will supply a variety of products for a new subdivision being developed by the collaboration between ACS Development of Los Angeles California and Wells Eason Development, Inc. of Lancaster California. The contract will include EcoBlu EWP (Engineered Wood Products) floor systems, framing lumber, and trussed roof systems; all coated with EcoBlu's BLUWOOD(TM) technology that protects wood from mold, rot, decay, termites and fire.
The new subdivision, Desert Crest Homes, is located in West Lancaster, California and will consist of 40 one and two story homes ranging in size from 2,500 to 3,000 square feet. The value of the total development project when completed will be in excess of $10,000,000.
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