Green Processing Technologies Sold 20 Ton of Its BioGrow(TM) Land Remediation Product (TMGR, VVUS)

TMGR, Green Processing Technologies, Inc. (Delaware) >

** TMGR reported that its BioGrow division has sold 20 tons of its BioGrow(TM) organic soil amendment and growth accelerator product to Capital Energy Xploration, a Wyoming-based oil and gas exploration and service company.

Capital Energy Xploration will use TMGR?s BioGrow(TM) to accelerate vegetation growth on a completed drilling site located in Pennsylvania in order to return the site to its original state.

TMGR?s BioGrow(TM) serves to moderate the pH, supply nutrients and organic matter, reduce crusting and lower soil density on contaminated mining sites. BioGrow(TM)?s organic matrix serves a multitude of functions in soil fertility and may be the most significant single mechanism whereby fertility constraints are removed in both commercial and residential applications.

TMGR is a corporation focused on the development, fabrication and commercialization of green technology designed to establish new environmental standards on a global basis.

More about TMGR at .



** VVUS reported the dismissal of a putative class action lawsuit captioned Kovtun v. Vivus, Inc., et al., Case No. 4:10-CV-04957-PJH, filed in November 2010 against the company and two of its officers alleging securities fraud.

On September 27, 2012, Honorable Phyllis J. Hamilton of the U.S. District Court for the Northern District of California granted, with prejudice, VVUS’ motion to dismiss all claims asserted against VVUS and its officers for failure to state a claim.

In October 2011, Judge Hamilton had dismissed an earlier version of the Plaintiffs’ complaint, but at that time granted the plaintiffs leave to file an amended complaint, which Judge Hamilton has now dismissed without leave to amend.

VVUS is a biopharmaceutical company commercializing and developing innovative, next-generation therapies to address unmet needs in obesity, sleep apnea, diabetes and sexual health for U.S., Europe and other world markets.

More about VVUS at .



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