Breaking News: Human BioSystems Completes Platelet Testing at Second Independent Laboratory Human BioSystems ("HBS") (OTCBB: HBSC), a developer of preservation platforms for organs and other biomaterials, specializing in the development of proprietary above zero ("HBS-AZ") and below zero ("HBS-BZ") organ and tissue preservation systems and methods for preserving blood platelets, announced today that it has completed blood platelet testing at a second independent laboratory.
"Under an agreement signed in June 2005, the laboratory has assisted HBS in testing our methods and protocols for extending the shelf life of blood platelets," said Dr. David Winter, President of Human BioSystems.
This second in-vitro study involving the cold storage of human platelets started in January of 2006 was recently completed. Ten subjects were involved and the results were consistent with those of a previous independent study. Both of these studies utilized technology covered by a patent application for which HBS has received a Notice of Allowability.
HBS is now preparing to submit an application to the FDA within the next few months in order to obtain a license for conducting human infusion studies. Favorable test results should position HBS for strategic partnering and licensing of its technology.
Blood platelets are the clotting component of blood and are collected from donors and infused into cancer patients who have undergone chemotherapy and/or radiation treatments. Such treatments inhibit the production of platelets for a period of time, possibly resulting in bleeding without regular platelet infusion.
"Currently, platelets have an FDA mandated five day shelf life. It is our goal to extend the shelf life by utilizing the proprietary HBS solution and process to preserve platelets at refrigerated temperatures for at least seven or more days," according to Dr. Winter.
"We believe that when our technology is brought to market it should drastically reduce the outdating of platelets, allowing blood centers to significantly reduce their costs without changing their existing basic procedures. The total worldwide loss due to outdating is estimated by HBS to exceed one billion dollars at the hospital level based on 6 million transfusion units collected annually and an outdate percentage of 15%. Refrigeration should inhibit bacteria growth, resulting in a safer product," added Harry Masuda, CEO of Human BioSystems.
HBS is headquartered in Palo Alto, California with research facilities in Michigan.
Certain statements contained herein are "forward-looking'' statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, results from ongoing research and development as well as clinical studies, failure to obtain regulatory approval for human studies, failure to obtain regulatory approval for the Company's products, if required, failure to develop a product based on the Company's technology, issues with the patentability and/or protection of the Company's technology, failure of any such products to compete effectively with existing products, the inability to find a strategic partner or to consummate a relationship with a potential strategic partner on acceptable terms, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Corporate Developments Fidelis Energy, Inc. (OTCBB: FDEI) (the "Company") announces that it has received authorizations for expenditure (AFE) from the operator on account of its 35% working interest share in an upcoming drilling program at its North Franklin natural gas project. The Company intends to fully fund its share of the costs for a pending 2-well drilling program which will target the proven Winters formation. The new wells, the first of which is expected to spud in August 2006, will represent the fourth and fifth of a series of production wells that are planned for the North Franklin gas field.
In August 2005 the Company and partners announced the acquisition of participation rights to a large database encompassing a geophysical survey of approximately one million acres, located in central Kansas, covering parts of Ellsworth, Salina, McPherson, Reno, Harvey, Kingman, and Sedgwick counties. After a thorough review of the data purchased, the prospects selected for exploration and discussions with its consultants and operator, the Company has determined that it will no longer participate in the Kansas program. Although the project appears to have considerable merit, the Company has determined that its resources are presently better spent in the additional development of the North Franklin natural gas field.
For personal reasons, Mr. Gordon Samson has resigned as a director. The Board wishes him every success in the future.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the acquisition of oil and gas reserves (specifically respecting new drilling and production activities at North Franklin), any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual reports on Form 10-KSB, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD Fidelis Energy Inc. "Sterling Klein"
Sterling Klein - Director
Source: Market Wire (July 5, 2006 - 4:10 PM EDT)
News by QuoteMedia
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Silver Star Energy Announces Corporate Developments Silver Star Energy, Inc. (OTCBB: SVSE) (the "Company") announces that it has received authorizations for expenditure (AFEs) from the operator on account of its 40% working interest share in an upcoming drilling program at its North Franklin natural gas project. The Company intends to fully fund its share of the costs for a pending 2-well drilling program which will target the proven Winters formation. The new wells, the first of which is expected to spud in August 2006, will represent the fourth and fifth of a series of production wells that are planned for the North Franklin gas field.
In August 2005 the Company and partners announced the acquisition of participation rights to a large database encompassing a geophysical survey of approximately one million acres, located in central Kansas, covering parts of Ellsworth, Salina, McPherson, Reno, Harvey, Kingman, and Sedgwick counties. After a thorough review of the data purchased, the prospects selected for exploration and discussions with its consultants and operator, the Company has determined that it will no longer participate in the Kansas program. Although the project appears to have considerable merit, the Company has determined that its resources are presently better spent in the additional development of the North Franklin natural gas field.
ABOUT SILVER STAR ENERGY, INC.
The Company is committed to the exploration and extensive development of oil and natural gas reserves throughout western North America. Company management is focused on an acquisition program targeting high quality, low risk prospects provided via key strategic alliance partnerships.
Notice Regarding Forward Looking Statements.
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the acquisition of oil and gas reserves (specifically respecting new drilling and production activities at North Franklin), any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2005 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Silver Star Energy, Inc.
Robert McIntosh-President
To find out more about Silver Star Energy, Inc. (OTCBB: SVSE), visit our website at www.silverstarenergy.com.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Franklin Lake Resources Elects Senior Metallurgist Richard S. Kunter to Its Board of Directors; Sets Annual Meeting Date Franklin Lake Resources Inc. (OTCBB: FKLR), an exploration stage mining company, has elected Richard S. Kunter, former senior metallurgist with Homestake Mining Company, to its board of directors. It has also set its annual meeting of stock-holders for Monday, September 18, 2006, in Las Vegas.
ELECTION OF NEW DIRECTOR
Father Gregory Ofiesh, president and CEO, announced that Richard S. Kunter has been elected to the board of directors. He said the company is very fortunate to have a person of his experience and qualifications on its board. Mr. Kunter holds B.S. and M.S. degrees in metallurgical engineering from the University of Idaho, and is a specialist in metals extraction. In addition to serving as a director, he will be working with Roger Graham, our vice president - operations, at our Amargosa facility, as a consultant to finalize the optimization of our extraction process.
In addition to nine years with Homestake Mining, Mr. Kunter's background includes serving as project manager for Advanced Sciences, Inc., on a contract with the San Antonio Air Command Office and several other contracts. He has had significant management, technical, and consulting experience with a variety of public and private organizations. He holds two patents involving the processing of gold ore and is the author of numerous articles in professional journals. His full resume is available on our website www.franklinlake.com.
Richard Kunter is currently working with a firm in Denver, CO. While working on a previous contract, he worked alongside Roger Graham on Franklin Lake ore. Having performed many tests, Mr. Kunter has great familiarity with our material and vast experience in the extraction of precious metals. He has made two visits to our Amargosa facility, where he will continue to work with Roger Graham on the optimization of recovery of precious metals. Their progress reports will be forthcoming.
ANNUAL MEETING
The company's Annual Meeting of Stockholders will be held in Las Vegas, Nevada, on Monday, September 18, 2006. Further details will be announced soon.
PLEASE SEND YOUR E-MAIL ADDRESS: All stockholders and other interested parties are encouraged to send their e-mail addresses to info*franklinlake.com, in order to receive copies of press releases and other documents immediately after they are submitted to the SEC for filing.
NOTE: This news release may contain forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results to differ materially from its forecasted results.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Changes in Control or Registrant, Amendments to Articles of Inc. or Bylaws;
ITEM 5.01 CHANGES IN CONTROL OF REGISTRANT. On July 5, 2006, The World Golf League, Inc.'s (the "Company," "we," "us") Board of Directors unimously approved via consent to action without a meeting, the issuance to our Chief Executive Officer and Director, Michael S. Pagnano, of five million (5,000,000) shares of our Series A Preferred Stock. Mr. Pagnano previously held five million (5,000,000) shares of our Series A Preferred Stock, and as a result of the additional issuance, he now holds ten million (10,000,000) shares of Series A Preferred Stock, which entitles him to vote three billion (3,000,000,000) shares of our common stock (with each share of Series A Preferred Stock having the right to vote three hundred (300) shares of our common stock). As a result, Mr. Pagnano has the right to vote 3,040,662,518 shares of our common stock (3,000,000,000 shares in connection with his ownership of 10,000,000 shares of our Series A Preferred Stock, which shares of Series A Preferred Stock are each above to vote 300 shares of our common stock; 37,219,368 shares of common stock which he holds individually, and 3,443,150 shares of common stock held by Mr. Pagnano's wife), representing approximately 55.3% of our common stock as of the filing of this report, based on 5,499,994,293 voting shares (which number includes the 3,000,000,000 shares Mr. Pagnano can vote due to his ownership of our Series A Preferred Stock and 2,499,994,293 shares of our common stock issued and outstanding as of July 5, 2006).
The Series A Preferred Stock is explained in greater detail below under "Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year."
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCROPROATION OR BYLAWS; CHANGE IN FISCAL YEAR On June 30, 2006, we filed an Amended Certificate of Designations of our Series A Preferred Stock ("Amendment") with the Secretary of State of Delaware to increase the number of authorized shares of Series A Preferred Stock from five million (5,000,000) shares as was provided under the amended designation filed on April 28, 2006 to ten million (10,000,000) shares of Series A Preferred Stock, which Amendment was approved by the unanimous consent of our Board of Directors on June 29, 2006. The original Certificate of Designation establishing the designations, preferences, limitations and relative rights of our Series A Preferred Stock was filed with the Secretary of State of Delaware on September 30, 2003. Subsequent to September 2003, the Board of Directors approved the issuance of 1,000,000 shares of Series A Preferred Stock to Michael Pagnano in consideration for services rendered to the Company as its Chief Executive Officer. On May 1, 2006, our Board of Directors unanimously approved the issuance to our Chief Executive Officer and Director, Michael S. Pagnano, of four million (4,000,000) shares of our Series A Preferred Stock.
The Series A Preferred Stock ranks senior to any shares of common stock with respect to distributions upon liquidation, dissolution or winding up, except as limited below. The holders of the Series A Preferred Stock are:
o not entitled to receive any dividends paid on common stock;
o not entitled to receive out of our assets available for distribution any distribution of assets in the event of a voluntary and/or involuntary liquidation,
o entitled to elect one director, voting separately as a class, as provided in the Certificate of Designations;
o able to redeem any or all of the outstanding shares of Series A Preferred Stock at a per share redemption price of $0.05 per share (or $500,000 in aggregate); and
o not able convert the preferred stock into shares of common stock.
Additionally, while the Series A Preferred Stock is outstanding, we may not, without the affirmative vote of 66 and 2/3% of all the outstanding shares of Series A Preferred Stock, voting separately as a class, amend, alter or repeal any provision of our certificate of incorporation or bylaws, if such change would adversely affect the rights of the Series A Preferred Stock or any reclassification of the Series A Preferred Stock; or amend, alter or repeal any provision of the Statement of Designations of the Series A Preferred Stock.
Each share of Series A Preferred Stock is able to vote three hundred (300) shares of our common stock.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
c) Exhibits:
3.1(1) Certificate of Designations of Series A Preferred Stock
3.2(2) Certificate of Amendment to the Certificate of Designations of Series A Preferred Stock
3.3(*) Certificate of Amendment to the Certificate of Designations of Series A Preferred Stock
(1) Filed as Exhibit 3.1 to our report on Form 8-K filed with the Commission on October 10, 2003, and incorporated herein by reference.
(2) Filed as Exhibit 3.2 to our report on Form 10QSB filed with the Commission on May 22, 2006
Continental Energy Quarterly Results DALLAS, July 5, 2006 (PRIMEZONE) -- Continental Energy Corporation (OTCBB:CPPXF) announced today that it has released its interim quarterly report for the third quarter ended April 30, 2006 of its 2006 fiscal year ending June 30, 2006 and filed the report with securities regulators on SEDAR. The report is also contained within a 6-K filing with the SEC on EDGAR dated July 3, 2006.
The date of the report is as of June 29, 2006 and a summary of management's discussion and analysis contained therein follows.
As at April 30, 2006, the Company's interim consolidated financial statements reflect a working capital position of $2,514,833. This represents an increase in the working capital of approximately $2,554,000 compared to the July 31, 2005 working capital deficit of $39,066. The increase was mainly due to the Company selling its Yapen subsidiary and receiving cash proceeds of $3,600,000. The increase was offset by general and administrative requirements during the period. The cash balance at April 30, 2006 was $2,648,141 compared to $98,898 as at July 31, 2005, an increase of $2,549,243. During the current quarter, the Company's cash balance decreased by $666,388.
The Company used $822,711 for operating activities during the nine months ended April 30, 2006 compared with $600,876 in the nine months ended April 30, 2005. The current level of spending is 37% higher than the prior year spending for operations. During the current quarter, the Company used $622,995 as compared with $433,127 in the same fiscal quarter in the prior year.
The cash resources provided by investing activities during the nine months ended April 30, 2006 was $3,324,347 compared with using $5,802 in the nine months ended April 30, 2005. The Company's property expenditures were reduced to a maintenance level until management decides to commence further exploration and development of its Indonesian properties. The current year amount includes the proceeds from the Yapen sale, net of closing costs in the amount of $3,506,834 as well as equipment purchases of $98,643. During the current quarter, the Company used $43,393 as compared with an inflow of $33,681 in the same fiscal quarter in the prior year.
The cash resources provided by financing activities during the nine months ended April 30, 2006 was $47,613 compared with $840,253 in the nine months ended April 30, 2005. During the current period the company received proceeds of $60,000 for share issuances compared with $847,735 in the prior period. During the current quarter, cash resources provided by financing activities were $0 as compared with $767,614 in the same fiscal quarter in the prior year.
Overall, the Company had income from operations during the nine months ended April 30, 2006 of $2,463,634 compared to a loss of $1,313,673 in the nine months ended April 30, 2005. The largest difference was the fact that the Company sold its Yapen subsidiary for cash proceeds of $3,600,000 and recorded a gain of $3,506,833 on disposition. There were no disposals in the nine months ended April 30, 2005.
About Continental Energy Corporation: Continental Energy Corporation is a small oil and gas exploration company, focused entirely on making a major oil or gas discovery in Indonesia. For further information, please visit our web site at www.continentalenergy.com or contact Jim Eger at 877-762-2366, Suite 1200, 14001 Dallas Parkway, Dallas, Texas 75240.
No securities regulatory authority has either approved or disapproved the contents of this news release.
Certain matters discussed within this press release may be forward-looking statements within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, political risk, terrorism, changes in local or national economic conditions and other risks detailed from time to time in Continental's periodic filings with the U.S. Securities Exchange Commission.
CONTACT: Continental Energy Corporation Jim Eger (877) 762-2366 info*continentalenergy.com www.continentalenergy.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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July 6, 2006 (FinancialWire) Three members of the House of Representatives with Washington D.C. area constituencies have asked the Federal Communications Commission (FCC) to suspend the sale of Adelphia Communications Corp. (OTC: ADELQ) until Comcast (NYSE: CMCSA) secures a deal to air the Washington National's baseball games.
The sale of bankrupt Adelphia to Comcast and Time Warner (NYSE: TWX) is pending final approval from the FCC and all the companies have recently restructured the deal to help speed up the process. The action by representatives could create another costly hurdle.
Comcast does not carry the Mid-Atlantic Sports Network (MASN), which has broadcast rights over the Nationals, due to a dispute with MASN management. Currently 1.3 million Nationals fans are unable to see most games on television.
Major League Baseball allowed Peter Angelos, owner of the Baltimore Orioles, to create MASN as compensation for opening a new team 35 miles from his franchise. Angelos plans to move broadcast of Orioles games to MASN next season after the current contract with Comcast SportsNet expires. Comcast feels the contract termination was not legal and has refused to carry MASN.
The Adelphia deal is worth an estimated $17 billion.
FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation from any company for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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UPDA Update to its Shareholders - Report on Activities during the Second Quarter - Management Insight on the Future Thursday July 6, 7:00 am ET
JUNO BEACH, Fla.--(BUSINESS WIRE)--July 6, 2006--The Fourth of July marked the first year of operations for Universal Property Development and Acquisition Corporation (OTCBB:UPDA - News). Since we started our first oil and gas subsidiary with less than 2000 acres and fewer than 60 wells, UPDA has made several acquisitions and now controls over 7,000 acres of oil and gas leases with over 150 wells and is generating production from three subsidiaries. Revenues have grown from $29,000 in the 4th quarter of 2005, to $106,000 in the 1st quarter of 2006 to over $1.2 Million in the 2nd quarter of 2006; including a gain on the sale of a partial interest in one lease (full financial results will be reported in our 10QSB within the next 45 days). ADVERTISEMENT
During the second quarter we reorganized the company and laid a solid foundation to ensure that the company will continue to develop as a strong and viable entity that will grow and prosper.
The UPDA subsidiaries report the following:
Canyon Creek Oil and Gas, Inc. now controls over 3000 acres and is producing oil from 6 wells on its Archer lease, oil and gas from 8 wells on its Coleman lease and from one well on the Prideaux lease while the work over of those properties, including 15 wells, continues. Compliance with Texas Rail Road Commission regulations was completed on the Palo Pinto lease and its 26 wells are expected to be brought on line this quarter. Halliburton was retained during the quarter in order to log the Inez well and a petroleum engineer was engaged to advise on its production opportunities. Canyon Creek remains optimistic about the possibilities of this property.
Texas Energy, Inc. has acquired a portfolio of approximately 1300 acres, completed the work over of its Nantz lease and brought it on line and into production. As a result of the successful progress of its work over program, the Texas Railroad Commission has lifted the severance from the Wiechman and the Thresher-Medlin leases and a total of 16 additional wells are expected to be brought on line this quarter.
Catlin Oil and Gas, Inc. completed the acquisition of over 2700 acres in Jack County, Texas on June 2, 2006 and immediately began repairing the extensive gas pipeline and gathering system that management anticipates will deliver substantial revenue from the transportation of natural gas production generated by neighboring operators. A significant increase in the delivery of gas to sale will result from these repairs and the marketing of transportation services will be pursued. The oil and gas professionals of Landmark have commenced the work over of the 65 existing wells on the property and plans are being formulated for the exploration of the Barnett Shale and other pay zones for the drilling of additional wells.
Updated production reports will be available on the UPDA web site (www.universalpropertydevelopment.com) within the next few days and the site is undergoing a complete redesign to provide real time information, multi-level access and further substantial enhancements and methods of communication in the near future.
As part the reorganization of the company, UPDA Operators, Inc. was established in the second quarter. This subsidiary will be responsible for the operation and management of UPDA's production assets. In conjunction with this subsidiary, UPDA is completing the formation of a well services company to manage all workovers, well maintenance and future drilling programs. This subsidiary will be staffed with very capable oil and gas personnel. The processes to be employed by these two subsidiaries will guarantee the aggressive and consistent pursuit of UPDA's ambitious business plan.
A professional geologist has been added to UPDA's management team and a petroleum engineer has been retained as a consultant to advise on technical matters. An assistant COO has been assigned to monitor each subsidiary and ensure the proper execution of the business plan in the field. New relations have been forged with investment bankers, and other professionals crucial to the company operations.
Preparation of an Independent Reserve Report of UPDA's oil and gas assets has been initiated. This report will significantly impact UPDA's balance sheet and should assist investors and shareholders in determining the market value of our company.
In summary, UPDA has established a scalable management formula for the internal analysis, operation, maintenance, development and expansion of oil and gas fields of all sizes and potential. As a result, prospective acquisitions will be analyzed by a management team including geologists and engineers and completed acquisitions will be managed, serviced and drilled by competent oil and gas professionals. Finally, through the state of the art internet applications in development, all properties will be monitored by a real time system that will allow management to immediately determine the status of all production and operations via the internet.
As shareholders and sentinels of UPDA, the management and board of directors are well aware of the decrease in our company's market cap and we are in diligent pursuit of programs and initiatives designed to improve and enhance shareholder value. From the business and operational side, we have streamlined and reorganized in order to expand control, decrease expenses and maximize revenue. From the communications side, we are building a state of the art website and formulating an extensive public relations program which will be coming into focus during the next two quarters.
posted
Too expensive but I copied it because at the top of this PR it said "Kill Kill Kill China Security and Surveillance Technology INC."
CSSTF - (5.40)
Journalists and other readers should disregard the news release, China Security & Surveillance Technology Inc. (OTC Bulletin Board: CSSTF), Enters Into Agreement for $12.9 Million Private Placement, issued earlier today. The release was transmitted prematurely by PR Newswire. SOURCE China Security and Surveillance Technology Inc.
Contact Information: Terence Yap, of China Security and Surveillance Technology Inc., +1-646-713-4888, terence*goldengroup.cn; Investors, Brett Maas or Bryan Kobel, both of Hayden Communications for China Security and Surveillance Technology Inc., +1-646-536-7331, brett*haydenir.com
COOPER CITY, Fla., July 6 /PRNewswire-FirstCall/ -- China Direct Trading Corp. (OTC Bulletin Board: CHDT) today announced preliminary top line revenue growth for the second quarter of 2006 ended June 30, 2006. Revenues for Q2 2006 were $6.8 million, an increase of over 2300 percent as compared to revenue of $292,182 reported for Q2 2005. On a sequential basis, Q2 2006 projected sales represent an increase of 54 percent over Q1 2006 sales of $4,400,102. Q2 2006 results include $6,500,000 from the sale of power generators by Complete Power Solutions, LLC, a China Direct majority-owned subsidiary, (CPS). China Direct consolidates 100% of CPS' financial results into China Direct' SEC reported financial results. Actual financial results for Q2 2006 may vary based on auditor and other adjustments to the final, SEC-reported financial results. "We are very pleased with the continual growth and success of Complete Power Solutions and will continue to invest in the systems and services that will foster ongoing success for CPS and China Direct," said Howard Ullman, CEO/President of China Direct. "We are expanding our operational geographic reach and offering significant value added services that will continue to build on our success to date in standby power provision. We also will be commencing sales of our roofing tiles very soon, which will further accelerate revenue growth throughout FY 2006. We look forward to reporting final results for the second quarter on or before August 15, 2006 and we will also conduct an investor conference call on the release date to detail results and plans going forward." About China Direct: China Direct (http://www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (http://www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) (http://www.souvenirdirect.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items in 29 countries. None of the web site URLs listed in this press release is incorporated into or is part of this press release. FORWARD-LOOKING STATEMENTS: This press release, including any financial information and projections, contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect and actual results may differ significantly, materially from those anticipated results set forth in such statements. Current revenues and revenue growth is not a reliable indicator of future financial results and should not be relied upon by investors as such an indicator. China Direct and CPS undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company (and as such is deemed a "highly risky investment") should be evaluated together with the many uncertainties that affect our business, particularly those stated in the cautionary statements and risk factors in current and future China Direct SEC Filings, which statements we hereby incorporate by reference herein. SOURCE China Direct Trading Corporation
Contact Information: Rich Schineller of China Direct Trading Corporation, +1-941-918-1913, rich*chdt.us
HOUSTON, July 6 /PRNewswire-FirstCall/ -- Pediatric Prosthetics Inc. (OTC: PDPR), the national specialists in pediatric prosthetics, today announced that it has filed Form 10-QSB with the SEC at http://www.sec.gov for its third fiscal quarter ended March 31, 2006. For the three months ended March 31, 2006, the Company reported revenues increased 328% to $232,934 compared to revenues for the three months ended March 31, 2005. As of March 31, 2006, the Company had established working relationships with fourteen Host-Affiliates operating in 21 states. The Company reported net income of $126,032 for the three months ended March 31, 2006. Pediatric Prosthetics Vice President of Operations Kenneth Bean stated, "In the third fiscal quarter, we reached several key milestones. First, we generated record revenue growth of more than 300% year-over-year. Second, we achieved a profitable quarter for the first time in our operational history and continue to sustain a healthy flow of fittings. Third, we have completed the required quarterly filings with the SEC, and will proceed to file an amended 10-KSB in order to become a fully reporting company traded on the OTC Bulletin Board." Bean concluded, "With our investment traunche of $600,000 received on May 30, 2006, we will continue to focus upon making our presence known, coast to coast. We believe we can look forward to strong top- and bottom-line growth based on our Host-Affiliate network, increased fittings due to the unfolding of our national marketing program, as well as a significant number of re- fittings due to the natural growth of our patients from birth up through 14 years of age. We have successfully laid the foundation, and are genuinely excited about building a prosthetics practice with the potential for remarkable equity growth for our shareholders over the short and long term." About Pediatric Prosthetics Inc. Pediatric Prosthetics Inc. is the national provider of specialized pediatric prosthetics for both upper and lower limbs. The Company's is the nation's CEO Linda Putback-Bean pioneered fitting state-of-the-art myoelectric upper extremity prostheses for the pediatric niche market. In the absence of a hand or arm, a child's brain still continues sending signals to grasp or open the hand in the residual limb. Myoelectric sensors can read those signals through the skin, (requiring no surgery), and with a computer chip can magnify those signals many fold to actuate a tiny powerful motor to accomplish tasks with the life-like hand. In 2003, Ms. Putback-Bean founded Pediatric Prosthetics to create a comprehensive organization that connects parents and their children with a limb loss to expert pediatric prosthetic fitting, rehabilitation, and life-long care. As a result, Pediatric Prosthetics hopes to increase the quality of life for patients and their families nationwide. For more information, visit http://www.kidscanplay.com. All interested parties and shareholders are invited to receive the latest news and information about Pediatric Prosthetics by email, to sign-up, visit: http://otcfn.com/pdpr/email_update.html. Additional information for investors may be found online at http://www.otcfn.com/pdpr. This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular when used in the preceding discussion, the words "believes", "expects", "intends", "will", "anticipated" or "may" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Except for historical information, all of the statements expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties including, without limitation, risks associated with operations, availability of capital on a reasonable term, the effects of government regulations and operations risks, and the risk factors set forth from time to time in the Company's SEC reports, included but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB, and any reports on Form 8-K. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. Pediatric Prosthetics Inc. (OTC: PDPR) takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that is not paid for by the Company. The forward-looking statements contained herein reflect the Company's judgment as of the date of this release, and the Company cautions readers not to place undue reliance on these statements. For more information, contact: At Pediatric Prosthetics Inc. At OTC Financial Network Kenneth Bean Geoffrey Eiten 781-444-6100 x 613; 866-582-0966 geiten*otcfn.com 1-bean*sbcglobal.net or Rick McCaffrey 781-444-6100 x 625; http://www.kidscanplay.com rick*otcfn.com http://www.otcfn.com/pdpr SOURCE Pediatric Prosthetics
Contact Information: Kenneth Bean of Pediatric Prosthetics Inc., +1-866-582-0966, +1-bean*sbcglobal.net; or Geoffrey Eiten, +1-781-444-6100, ext. 613, geiten*otcfn.com, or Rick McCaffrey, +1-781-444-6100, ext. 625, rick*otcfn.com, both of Pediatric Prosthetics Inc.
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TXEG - (.0000) - 1ST DAY OF TRADING - LEVEL II SHOWS .51 X 1.25
NEWARK, Del., July 6 /PRNewswire-FirstCall/ -- Theater Xtreme Entertainment Group, Inc. (the "Company"), a Newark, DE-based retailer and franchisor of home cinema design and installation centers, is pleased to announce that the Company's common stock is now quoted for trading under the symbol TXEG (OTC Bulletin Board). The Company's design centers focus on the sale and installation of affordable, large screen, front projection, in-home cinema rooms comprised of video and audio home theater components. A majority of the Company's home theater systems are installed on-site at customer homes, with screen sizes ranging from 80 inches to over 12 feet. The Company also sells many of its products under its own brand names, including Row One(R) theater seating, WideView(TM) screens, TX Unimount(TM) projector mounts, Contectx(TM) cables, and its digital theater management system called OneView(TM). The Company targets a larger consumer base and lower retail price points than traditional custom home theater companies do; moreover, the Company presents its products in a store setting where customers can pleasurably encounter the complete home theater experience in several different home settings. The Company's first retail store or "design center" opened on September 1, 2003 in Newark, Delaware and was built to resemble an actual movie theater. The Company currently owns and operates design centers in Newark, Delaware, Wilmington, Delaware, Bel Air, Maryland, and Leesport, Pennsylvania. The Company has also sold 19 franchise territories, with franchise stores currently open in Springfield, Massachusetts, Auburn Hills, Michigan, Pittsburgh, Pennsylvania, Boise, Idaho, and Berwyn, Pennsylvania. "Theater Xtreme is the first retailer to focus on bringing affordable real movie theaters to the homes of a larger marketplace on a national basis. The Company's unique shopping experience and marketing strategy combined with a great management team is what motivated us to become involved with their growth," said Michael Queen, CEO of Universal Capital Management, Inc. (OTC Bulletin Board: UCMT), a public venture capital company which has assisted Theater Xtreme in its expansion to date. About Theater Xtreme - Theater Xtreme Entertainment Group, Inc. (OTC Bulletin Board: TXEG) designs, sells, and installs affordable, large-format, front projection home cinemas. Its home cinema packages feature OneView(TM), a media controller that combines on-screen movies, music, photos, games, and Internet access with the touch of a button. The Company focuses on middle-income consumers in the home entertainment marketplace, emphasizing value and performance across its line of home cinema audio, video, furnishings, and accessories. Safe Harbor Statement - Some of the information presented in this press release constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent the Company's judgment regarding future events, and are based on currently available information. Although the Company believes it has a reasonable basis for these forward-looking statements, the Company cannot guarantee their accuracy and actual results may differ materially from those the Company anticipated due to a number of known and unknown uncertainties, of which the Company is not aware. Factors which could cause actual results to differ from expectations include, among others, the ability of the Company to sell franchises, success of the franchise stores, location of stores, delay or loss of key products from vendors, disruption of product delivery from overseas suppliers, changes in regard to significant customers or suppliers, increased competition from companies with more expertise, experience, or financial resources, technological improvements in the home theater market which may render the Company's offerings obsolete, less competitive, or too expensive, material reduction in the demand for home theaters, and lack of sufficient capital to allow the Company to achieve its strategic objectives. For additional information concerning these and other important factors that may cause the Company's actual results to differ materially from expectations and underlying assumptions, please refer to the reports filed by the Company with the Securities and Exchange Commission which are available at http://www.sec.gov. CONTACT: Justin Schakelman or Jim Vincenzo Theater Xtreme Entertainment Group, Inc. +1 302-455-1334 Email: justin*theaterxtreme.com, jvincenzo*theaterxtreme.com Web site: http://www.theaterxtreme.com SOURCE Theater Xtreme Entertainment Group, Inc.
Contact Information: Justin Schakelman, justin*theaterxtreme.com, or Jim Vincenzo, jvincenzo*theaterxtreme.com, both of Theater Xtreme Entertainment Group, Inc., +1-302-455-1334
OMDA Oil and Gas, Inc. Announces Upcoming Corporate Website Launch
Jul 6, 2006 08:01:11 (ET)
HOUSTON, TX, Jul 06, 2006 (MARKET WIRE via COMTEX) -- OMDA Oil and Gas, Inc. (PINKSHEETS: OMOG) announces that it is currently developing a new and enhanced corporate web site. The site will be viewable at the original website address www.omogoil.com .
The upcoming site will be completely re-designed and will be geared more toward interactivity with the end-user. Investor-related information such as live feed charts and level two stock quotes will be added, as well as a live up-to-date oil and gas industry news section. In addition to these components, the company will introduce a guided tour via sitepal.com to augment each visitor's experience. The company has targeted the initial release date to be some time within the next 30-45 days. Many additional features and add-ons are in development and the site will be continually upgraded over the next six months.
Once completed, the site will be fully integrated with the latest SMS (short message system) technology, which will be supplied from Houston-based Jarvis Inc. This technology will allow OMDA's entire shareholder base to be alerted to all company announcements, bulletins, press releases, etc in real time via hand held devices, such as cell phones. In essence, every shareholder will have a direct feed to charts, stock performance and volume updates even if they are not in front of their computer. In addition to the current shareholders, OMDA will utilize this technology to reach millions of interested investors who have signed-up to be alerted to real time market updates. This alone will present OMDA Oil & Gas, Inc. to a wealth of new potential investors.
Adam Barnett, Chairman, stated, "I believe that the next few months, as well as the rest of the year, will be very exciting for OMDA Oil and Gas, Inc., and we need a website that will fully reflect and track all of our expected growth and progress. My vision is for www.omogoil.com to develop into a completely functional and cutting edge web site that will be truly beneficial to the investing public. I am especially excited about the upcoming addition of SMS technology. I believe this will make OMDA one of the few elite public companies who are offering this type of shareholder communication." Barnett continued, "This site, like the company itself, belongs to the shareholders, and I urge everyone to submit any suggestions for future developments directly to our IR dept. (IR*Omogoil.com)."
About OMDA Oil and Gas, Inc.
OMDA Oil and Gas, Inc. and its wholly owned subsidiaryies, OMDA Oil & Gas Management, Inc. and Texas OMDA Drilling & Operating, Inc. and OMDA Oil & Gas, Inc. (Texas), are in the business of oil and gas production and lease acquisition. Currently, the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas. Current acreage interests include a 15% working interest in 800 acres in Shelby County, TX, and a Carried back-in working interest of at least 7.5% up to 37.5% in a 12 well work over play in the Concorde Dome Field in Andersen County, TX.
About Jarvis Inc.
Jarvis Inc. is based in Houston and currently owns one of the largest wireless databases in the country. This database allows companies to directly send text messages to millions of wireless users instantly. The CITA estimates that approximately 60% of the U.S. population carries a cell phone. "No matter where people are they carry their phones, so our database technology allows us to connect with individuals almost instantly," stated John Jarvis, President of Jarvis Inc. The company's SMS technology grants partnered companies the ability to go online and effectively communicate pertinent information to their share holders and the investing public.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts.. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact: OMDA Oil and Gas, Inc. Investor Relations 800-621-0113 IR*omogoil.com www.omogoil.comPosts: 711 | Registered: Feb 2006
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BOCA RATON, Fla.--(BUSINESS WIRE)--July 6, 2006-- Med Gen Inc. (OTCBB:MGEN), manufacturers of the national brands UNDIET(TM) spray weight loss system, Snorenz(R), snore relief throat spray, Painenz(R), roll on pain relief formula, and Good Nights Sleep(R), sleep aid throat spray, announced today that it has received an initial order for both SnorAway(R), snoring relief formula and Painenz(R), roll on arthritic pain relief formula for Ireland from its new distributor, Alliance UniChem International Trading(R) (AUIT). AUIT is considered one of the largest distributors of both prescription and OTC drugs in Europe. The Distribution Agreement covers all products now being manufactured by Med Gen. Paul Kravitz, Chairman and Chief Executive, commented in a morning interview, that the Distribution Agreement with AUIT is a watershed achievement for Med Gen. "Our new relationship with AUIT will open significant distribution channels in all EU countries. AUIT controls a significant market overseas and Med Gen expects to build market share quickly because of this relationship." Ireland is the first country to receive Med Gen products from AUIT and the company expects that it will be followed up over the next few months with orders on a country-by-country basis. Under the Agreement, AUIT will control all marketing and placement of products using Med Gen brand names as they exist now in the United States except for Snorenz(R), which is branded SnorAway(R) in most international markets. As reported earlier, Snorenz(R) is just now arriving in New Zealand under a private label. Acceptance of our products in foreign markets requires patience and flexibility since government approval is necessary. In January we announced our commitment to build this business and, although it has been difficult at times, we are now showing major strides in achieving our goals. One such major achievement is this new relationship with AUIT.
About Med Gen Inc.
Med Gen Inc., in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz(R) for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" technology, introducing numerous other products that deal with large market health issues. All products are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site, TV and Radio. The company has begun its test marketing of a radically different approach and delivery system for a weight loss system, UNDIET(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $70 billion by 2007. For further information on Med Gen Inc., please visit http://www.medgen.com or call 1-800-521-9311.
This Press Release contains or incorporates by reference "forward looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.
Med Gen, Inc. is a publicly traded company on the OTCBB exchange "MGEN".
KEYWORD: EUROPE NORTH AMERICA FLORIDA UNITED STATES IRELAND INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL MANUFACTURING CONSUMER CONTRACT/AGREEMENT SOURCE: Med Gen Inc.
CONTACT INFORMATION: Med Gen Inc., Boca Raton Paul Kravitz, 561-750-1100 http://www.medgen.com
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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HOUSTON--(BUSINESS WIRE)--July 6, 2006-- Endovasc Inc. (OTCBB: EVSC, OTC: EVSD), announced today that the Company has received a patent issue notification from the United States Patent and Trademark Office for the patent application entitled "Development of Muscle Mass in a Mammal." Issuance of the patent is expected within the next few weeks. Diane Dottavio, Ph.D., Endovasc's Chairman and Chief Executive Officer, commented, "We are extremely pleased to receive this patent issue notification regarding the protection of our muscle mass technology. The issue notification means this technology is now protected in the United States. The company has also filed for patent protection in Europe, Asia and other regions of the world. We expect patents to be granted upon completion of the patent application examination process." Endovasc's wholly owned subsidiary, Nutraceutical Development Corporation, licensed the technology to Basic Research to develop and market a non-steroid supplement which utilizes the Company's muscle mass technology. Endothil-CR is currently available at GNC stores nationwide or on the World Wide Web at www.Endothil.com.
About Endovasc, Inc. Endovasc, Inc is focused on developing and commercializing drug candidates in the areas of cardiovascular and metabolic medicine. Endovasc is organized as a business development company, operating through the following subsidiaries: Liprostin Inc., which holds the intellectual property for a liposomal based treatment to increase circulation and reduce leg pain in patients suffering from vascular disease; Prostent, Inc., which is developing urinary tract stent coating technology; and Nutraceutical Development Corporation. For more information about Endovasc, please visit www.endovasc.com.
Safe Harbor: Except for the historical information contained herein, this news release contains forward-looking statements that involve risk and uncertainties, including clinical results, the timely availability and acceptance of new products, the impact of competitive products and pricing, the availability of funding from partners or capital markets, and the management of growth, as well as the other risks detailed from time to time in Endovasc's Exchange Commission (SEC) Filings, including the company's Annual Report on Form 10-KSB, and quarterly reports on Form 10-QSB.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: HEALTH CARDIOLOGY FITNESS & NUTRITION PHARMACEUTICAL RESEARCH & SCIENCE PRODUCT/SERVICE SOURCE: Endovasc Inc.
CONTACT INFORMATION: Endovasc, Inc. Rob Johnson, 936-582-5920
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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MGEN (.022)Initiates Distribution into Ireland with Alliance UniChem International Trading(R) Jul 6, 2006 8:30:00 AM Copyright Business Wire 2006
BOCA RATON, Fla.--(BUSINESS WIRE)--July 6, 2006--
Med Gen Inc. (OTCBB:MGEN), manufacturers of the national brands UNDIET(TM) spray weight loss system, Snorenz(R), snore relief throat spray, Painenz(R), roll on pain relief formula, and Good Nights Sleep(R), sleep aid throat spray, announced today that it has received an initial order for both SnorAway(R), snoring relief formula and Painenz(R), roll on arthritic pain relief formula for Ireland from its new distributor, Alliance UniChem International Trading(R) (AUIT).
AUIT is considered one of the largest distributors of both prescription and OTC drugs in Europe. The Distribution Agreement covers all products now being manufactured by Med Gen. Paul Kravitz, Chairman and Chief Executive, commented in a morning interview, that the Distribution Agreement with AUIT is a watershed achievement for Med Gen. "Our new relationship with AUIT will open significant distribution channels in all EU countries. AUIT controls a significant market overseas and Med Gen expects to build market share quickly because of this relationship."
Ireland is the first country to receive Med Gen products from AUIT and the company expects that it will be followed up over the next few months with orders on a country-by-country basis. Under the Agreement, AUIT will control all marketing and placement of products using Med Gen brand names as they exist now in the United States except for Snorenz(R), which is branded SnorAway(R) in most international markets. As reported earlier, Snorenz(R) is just now arriving in New Zealand under a private label.
Acceptance of our products in foreign markets requires patience and flexibility since government approval is necessary. In January we announced our commitment to build this business and, although it has been difficult at times, we are now showing major strides in achieving our goals. One such major achievement is this new relationship with AUIT.
About Med Gen Inc.
Med Gen Inc., in business since 1996, manufactures and markets the world's first liquid spray snoring relief formula, Snorenz(R) for which its founders received a patent in 1998. Since its existence, Med Gen has continued to develop its "sprays the way" technology, introducing numerous other products that deal with large market health issues. All products are nationally advertised and marketed to major chain and drug stores as well as direct sales via the company web site, TV and Radio.
The company has begun its test marketing of a radically different approach and delivery system for a weight loss system, UNDIET(TM). IRI, a retail data reporting service, suggests that the combined market for snoring and sleep aides could exceed $500 million and the weight loss market could exceed $70 billion by 2007.
For further information on Med Gen Inc., please visit http://www.medgen.com or call 1-800-521-9311.
This Press Release contains or incorporates by reference "forward looking statements" including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.
Med Gen, Inc. is a publicly traded company on the OTCBB exchange "MGEN".
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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EGMI (.28) Signs First US Casino MGM Grand Detroit First US Casino to run an Electronic GameCard Promotion Jul 6, 2006 8:51:00 AM
NEW YORK and LONDON, July 6 /PRNewswire-FirstCall/ -- Electronic Game Card, Inc. (OTCBB: EGMI), the creator of the Electronic GameCard, today confirms that MGM Grand Detroit - a subsidiary of MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected hotel and gaming companies - has signed an agreement to use Electronic GameCards in a promotion for its 75,000 square-foot gaming property in Detroit. It is the first time any US casino has purchased Electronic GameCards to run a commercial promotion based on the Company's products.
A spokesperson for Electronic Game Card, Inc. said:
"We are delighted that MGM Grand Detroit has become the first US casino to use our Electronic GameCards in a commercial promotion. The casino promotion market represents a significant opportunity for the Company."
The MGM Grand Detroit Casino is a 75,000-square-foot gaming facility with more than 2,700 slot machines (1 cent - $100), 80 gaming tables and a range of dining facilities. The Electronic GameCard-based promotion is set to take place in Q3 '06.
About Electronic Game Card
Electronic Game Card Inc., (OTCBB: EGMI), develops, produces and markets the proprietary technology that is the "Electronic GameCard" which can be programmed to suit a variety of gaming and promotion applications. EGC 's client base is across the $ 100 billion global market of state and national lotteries, Gaming and Casinos, Indian Gaming and the expanding sales promotion and incentive markets. EGC develops sales and marketing relationships with agents globally and has a joint venture with a major lottery focused US listed corporation which has purchased 10% of the EGC common equity stock.
Press relations: Toby Hall / Jade Mamarbachi (gth media - EUROPE) +44-(0)20-7153-8039 / 8035 toby*gth.co.uk; David Owen (gth media - USA) david*gthmedia.com; Investor relations: Roger Holdom (Electronic Game Card) +44-(0)20-7451-2480
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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JERUSALEM, Israel, July 6 /PRNewswire-FirstCall/ -- IDenta Corporation (OTC Pink Sheets: IDTA) today released a comprehensive review of significant company events that it has undertaken since the beginning of 2006. The company's manufacturing, marketing, product R&D, status of international sales and potential revenues were each referenced in the memorandum. The briefing comes just one month after IDenta announced that it was developing a completely new product line, to aid in the detection of extremely dangerous explosive materials. "IDenta started 2006 with a growing international reputation for developing the most reliable, easiest to use, on-site drug detection kits on the market," stated CEO Yaacov Shoham. "Since founding the company, our corporate staff has diligently worked to develop a network of qualified representatives around the world. Their primary mission has been to introduce IDenta's products to a very diverse, very tough to penetrate marketplace, the top security agencies around the globe. We have had, I believe in a relatively short period of time, unprecedented success in this initial mission. We have had to make adjustments along the way, but each and every demonstration has been enthusiastically received. We are continuing to work through the maze of bureaucratic purchasing procedures in over ten countries, and I am confident that significant orders for these products are on the horizon." "Now, based on the impressions we made with the different US Federal Departments, IDenta has expanded its corporate mission to become known as 'a leading developer of products that identify illegal and dangerous substances'. This is very exciting opportunity that could see immediate sales because we already have in place the network of security contacts worldwide who know our company by name and by our excellent reputation." Significant events of 2006 to date include: Drug Detection Product Launches IDenta has introduced two new drug detector products since the beginning of 2006 to bring the company's drug detection product line to six. First - a methamphetamine / amphetamine detector product that can test for the presence of either drug was introduced. Second, at the request of the US Drug Enforcement Agency, IDenta is now in the final stage of releasing a new detector for ketamine or Special K, also known as a date rape drug. Explosive Detector Product Launches In May, IDenta announced it was developing a new product at the request of countries. IDenta's explosive detectors will also be state-of-the-art, on-site detectors with the capability of detecting 5 different families of extremely dangerous explosives including TATP. The new detectors will be packaged in two durable plastic units, very safe to handle, very cheap and expected to be formally introduced for sale within the next three months. (in September 2006) US Market Development In March of 2006, IDenta contracted with the APH Group, www.aphgroup.us, to formally lead the introduction and sales of IDenta's products into the US civilian and retail marketplace. To date, the company has contracted eight sales agents in two states, Georgia and Florida, to introduce and sell IDenta's drug detection product line to security companies, municipalities, schools, universities and Fortune 1000 companies. Retail chain sales and Internet based sales to consumers are also part of the strategic marketing plan being directed by APH. Recently IDenta introduced a new website at www.identa.biz, which will be used to support this sales force, and eventually host an online ordering system for all of IDenta's drug detection products. US and International Sales Activities IDenta recently participated and won tenders for the countries of Panama and India as organized by the US State Department, and is currently waiting on notification of the results from two very large product bids from France and the state of Virginia. The combined orders represent a potential of more than $1 million in sales. Additionally IDenta has made demonstrations, received orders and is expecting volume contract orders from: Poland, Romania, Argentina, Venezuela, Australia, Azerbaijan, Israel, China, United Kingdom, Indonesia and South East Asia. Company introductions and product demonstrations are now targeted for Spain, Portugal, Greece, Russia, Estonia, Lithuania and Latvia Legal and US Government Initiatives Since the beginning of 2006, IDenta has made significant progress working with the Federal government, through its leading US representatives Millennium Security of McLean, Virginia, http://www.millss.com. In March, IDenta made presentations to both the Law Enforcement Caucus and the Methamphetamine Caucus on Capital Hill, and met with Drug Enforcement Agency Laboratory Directors, who agreed to test IDenta's products in the field. Millennium Security also is securing GSA schedule approval for IDenta products and participated very successfully in several security industry conferences and trade shows demonstrating the company's products to the over 5000 law enforcement attendees. Additional conferences are planned for the second half of 2006, in USA, China etc. IDenta is also currently leading a crucial initiative in the State of Virginia that seeks the approval of the results of field drug testing-marijuana/hashish, for admission as legitimate and recognized court evidence. If approved, the use of IDenta's on-site drug detection products will set a new precedent ensuring that the detection work done in the field by law enforcement officers will result in more drug charges being formally made and delivered into the court system. IDenta Manufacturing IDenta has just completed expansion of its manufacturing facilities in Israel to accommodate the production of both the new drug detection and explosive detection products. With these new additions, the company anticipates that it has the potential to more than double its product production without any additional infrastructure expenses. IDenta is also in preliminary negotiations for contracting of a second facility (for product assembly only) to possibly be based in Latin America. Anticipated 2006 Revenues IDenta expects that system-wide sales for all of its product lines 2006 could grow by 250% over 2005. The company does anticipate releasing some preliminary financial information in the second half of 2006 with the successful completion of numerous pending orders and contracts. About IDenta Since 2003, IDenta Corporation has become recognized as a world-wide leader in the development of proprietary on-site drug detection kits. IDenta develops, manufactures and distributes products for the both professional and civil markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world. The company has corporate representatives in 20 countries including 15 companies in the US, and 4 companies in Great Britain. Information concerning IDenta's business plan and product line, including rapid test kits (substance only) for the detection of marijuana, hashish, ecstasy, cocaine, crack, and heroin may be found at www.identa.biz and www.drugsdetector.com. For Investor Relations, lobbying interests or information concerning IDenta's products internationally contact: Yaacov Shoham, IDenta Corp., CEO Tel: +972-52-6554487, +972-8-9716874 Fax: +972-8-9716875 fpi*drugsdetector.com For Investor Relations and information concerning US product representation please contact: Randy Jacobs, US Corporate Spokesman IDentaNews*sitcomllc.com +1-800-316-9437
IDenta Corp. USA address: (new) 530 Stephenson Avenue Savannah, Georgia 31405 Tel: +1-912-652-4818 Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future. SOURCE IDenta Corp.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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BETHESDA, Md., July 6 /PRNewswire-FirstCall/ -- MobilePro Corp. (OTC Bulletin Board: MOBL) announced today that its subsidiary, ProGames Network, Inc., has appointed five members to its newly formed advisory board and has closed an initial round of funding. The terms of the financing were not disclosed. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGO ) Martin Gray, CEO of ProGames Network, said, "We have attracted angel round funding and an outstanding level of talent for our board of advisors. We believe that this funding reflects confidence in this world-class board of advisors who have strong experience in m-commerce, gaming, e-commerce platforms and venture finance. We will work with the advisors to strive to build ProGames into a leading source of content for the gaming world. We anticipate a formal launch in September and are already discussing potential content and distribution partnerships that we can leverage." The five members of the ProGames advisory board are: * Frank Catania is an authority on Internet gaming and serves as one of three independent directors of eCOGRA. He is also a member of the board of directors of Empire Resorts. Formerly the director of Gaming Enforcement for the State of New Jersey and a former deputy speaker of the New Jersey General Assembly, Catania has provided expert testimony to the U.S. Congress and numerous foreign governments on various aspects of Internet gaming regulation. He is also a consultant to numerous gaming jurisdictions and online and land- based casino companies. Catania has written extensively on gaming issues and gaming regulation and is often cited as an expert reference on the subject by the news media. He is a graduate of Rutgers College and received his J.D. from Seton Hall University. * James H. Gellert is the managing partner and a founding partner of Howland Partners LLC. Gellert has been involved in capital raising and managing private sector companies for the past 16 years. He worked for a number of global investment banks for over a decade prior to becoming an entrepreneur and corporate finance consultant. Gellert has launched and/or operated as CEO or interim CEO a number of private companies, including SkyScout, a wireless applications service provider and Unstrung, a leading online publication dedicated to the wireless industry. As an investment banker, Gellert most recently worked for Deutsche Banc Alex Brown where he headed the Yankee Origination Group. Gellert coordinated the efforts of corporate bankers, investment bankers and capital markets officers around the world in their efforts to represent clients for global/U.S. offerings. Gellert was a member of the Yankee Origination and Private Placement Groups at UBS Securities and Barclays de Zoete Wedd. Gellert received a B.A. from Connecticut College in New London, Ct., with an Asian Studies major and a minor in Japanese language. He also attended Doshisha University in Kyoto, Japan, where he studied Japanese language and economics. * Harlan Goodson is an attorney with Holland & Knight. His practice is focused on gaming law. Goodson is also a judge pro tem with the Superior Court of the State of California. Formerly, Goodson was director of the Division of Gambling Control for the State of California, responsible for implementing legislation creating a state-wide regulatory framework for the oversight of legalized gaming. Goodson established California's first gaming enforcement entity with jurisdiction over 112 gaming operations. He has been a speaker at conferences, law schools and before governmental bodies on the subject of gaming regulation, tribal government gaming and tribal-state relations. Goodson is a graduate of Golden State University and received his J.D. from the John F. Kennedy University School of Law. * Sean Malatesta has served as an executive in building and developing businesses within the media, telecom, entertainment and games sectors. Malatesta manages the business in the Americas for IndiaGames and interacts with mobile carriers, handset makers and content rights holders. He has played an important role in managing the growth of two of the leading companies in the field of electronic program guides for multi-platforms including interactive TV. Malatesta was also co-founder of Yack Media Services (YMS), publisher of a leading Internet Program Guide Services. Malatesta is a graduate of the University of Michigan and holds a J.D. from the New York Law School. * Chris McFarland is group vice president and chief technology officer of McLeodUSA. He also serves on the board of directors of MobilePro Corp. as an independent director. With more than 16 years experience in the telecommunications service provider, software and computer hardware industries, MacFarland is responsible for leading the network architecture, technical product development, network engineering and network planning functions at McLeodUSA. Most recently, MacFarland was global vice president of operations of BroadSoft, the leading provider of VoIP applications software to carriers. Before that, he served as senior vice president and chief technology officer at Allegiance Telecom until the acquisition of the company by XO Communication in 2004. Prior to that, he held various management roles with Verio and its subsidiaries. MacFarland also co-founded and was president of CompuNet, a regional Internet service provider. He attended the University of Texas at Arlington. About ProGames Network ProGames Network, Inc., a private subsidiary of MobilePro Corp., is focused on developing tools, content and specialized connectivity for online gamers. The online gaming industry is projected to generate $20 billion in revenue in 2008, and ProGames is seeking to develop tools, content and connectivity to address more than a third of that. The company intends to partner with the best companies in the field and develop original content and unique consumer offerings. About MobilePro Corp. MobilePro Corp., based in Bethesda, Md., is one of North America's leading wireless broadband companies. The company serves more than 220,000 total customer lines throughout the United States, primarily through its CloseCall America, AFN and Kite Network subsidiaries. Detailed information about MobilePro can be found at http://www.mobileprocorp.com . An investment profile about MobilePro Corp. may be found online at http://www.hawkassociates.com/mobilepro/profile.php . For more information regarding MobilePro, contact Alan Crancer, vice president of marketing, at (601) 898-1142. For investor relations information regarding MobilePro, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com . An online investor relations kit including copies of MobilePro press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com . Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the company's Form 10-KSB for the fiscal year ended March 31, 2006 for a discussion of such risks, uncertainties and other factors. These forward- looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future. SOURCE MobilePro Corp.
Contact Information: Alan Crancer, vice president of marketing, MobilePro, +1-601-898-1142; or investors, Frank Hawkins or Julie Marshall, both of Hawk Associates, +1-305-451-1888, or info*hawkassociates.com, for MobilePro
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AXMP (.35)Completes Acquisition of Controlling Interest in Chinese Pharmaceutical Distributor Jul 6, 2006 8:41:00 AM Copyright Business Wire 2006
NEW YORK--(BUSINESS WIRE)--July 6, 2006--
AXM Pharma, Inc. (OTC: AXMP), a manufacturer of proprietary and generic pharmaceutical and nutraceutical products for the Chinese and other Asian markets, announced today that it has completed the acquisition of a 51% interest in Liaoning Ming Cheng Medical & Pharmaceutical Co., Ltd. ("Ming Cheng") through the issuance of 3.7 million shares of AXM Pharma's common stock. Founded in 2000, Ming Cheng is a distributor of pharmaceutical and other medical products in China. The acquisition closed on July 1, 2006. AXM will consolidate the results of Ming Cheng for financial reporting purposes beginning in the Company's third quarter.
Founded in 2002, Ming Cheng is located in Shenyang, a key pharmaceutical distribution center in northeastern China, and is mainly engaged in the distribution of patented Chinese Medicines, antibiotics, biochemical medicines and healthcare products. Ming Cheng's sales are primarily in Beijing, Tianjin and the provinces of Hebei, Liaoning, Jilin and Heilongjiang. Ming Cheng distributes over 5,000 products and has exclusive distribution rights to approximately 100 products. The company has approximately 100 employees and sells to approximately 13,000 wholesalers and retail outlets.
"We are pleased that we were able to complete the acquisition of a majority interest in Ming Cheng," said Wang Weishi, CEO of AXM Pharma. "Ming Cheng's large customer will allow us to market our innovative pharmaceutical products to an expanded customer base. In addition, its broad range of innovative products, including many proprietary products, will allow us to penetrate new markets and further expand the customer base. We believe this transaction should enable the company to significantly increase revenue during the second half of the year, and improve its operating results."
About AXM Pharma, Inc.
AXM Pharma, Inc., through its wholly owned subsidiary, AXM Pharma Shenyang, Inc. ("AXM Shenyang"), is a manufacturer of proprietary and generic pharmaceutical products, which include injectables, capsules, tablets, liquids and medicated skin products for export and domestic Chinese sales. AXM Shenyang is located in the City of Shenyang, in the Province of Liaoning, China. AXM Shenyang has an operating history of approximately 10 years. For additional information on AXM Pharma Inc., please visit http://www.axmpharma.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law, including the statements regarding the Company's opportunities for future growth. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, obtaining regulatory approvals to market the Company's products, the uncertainties associated with distributing products in a developing country such as China, the availability of cash to meet near term requirements as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to AXM, except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, AXM's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management.
Source: AXM Pharma, Inc.
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CEOcast Inc. for AXM Pharma Daniel Schustack 212-732-4300
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NWOOD, NY -- (MARKET WIRE) -- 07/06/06 -- Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (BERLIN: CD6) (FRANKFURT: 217026) today announced that representatives of its wholly owned subsidiary, Cargo Connection Logistics - International, Inc., have come to an agreement with PIL Logistics for moving ocean cargo between Vietnam and the United States.
Cargo Connection Logistics - International will begin to provide service immediately from the following ports in Vietnam: DaNang, Haiphong and Ho Chi Minh City to all primary ports on the East and West Coast of the United States. These U.S. Ports will include Long Beach, CA; Oakland, CA; and Seattle-Tacoma, WA on the West Coast and New York, NY; Norfolk, VA; Charleston, SC; and Savannah, GA on the East Coast.
Cargo Connection Logistics - International also said they have established rates for the MLB (Mini Land Bridge) from the West Coast to the Mid-West region of the United States. In addition to traffic from Vietnam, the Company has also had many inquiries regarding its service back to Vietnam. To accommodate those requests, Cargo Connection Logistics - International has arranged for export service from the Port of Long Beach, CA back to Vietnam.
"This service agreement between PIL Logistics and Cargo Connection Logistics provides the necessary infrastructure in the Vietnamese region for Cargo Connection Logistics - International to gain a strategic foothold in the Country," said Jesse Dobrinsky, CEO of Cargo Connection Logistics Holding, Inc. "With this agreement in place, Cargo Connection Logistics will begin to secure business for services to and from Vietnam and the United States."
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining contacts with foreign shippers; -- the Company's financial condition, including its ability to continue as a going concern; -- the effect of the Company being in default on its indebtedness; -- the Company's ability to raise additional capital; -- the Company's reliance on key personnel and independent agents; and -- the Company's vulnerability to economic and industry conditions
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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AVENTURA, FL -- (MARKET WIRE) -- 07/06/06 -- Xynergy Corp. (PINKSHEETS: XYNC) announced today that through approval of the Board of Directors and majority shareholders, it has filed a 14C Preliminary Statement with the Securities and Exchange Commission to affect a 100:1 reverse stock split of its common stock. Commencing on July 6, 2006, the Company will trade under the symbol XYNC, previously XYNY.
This action was taken to facilitate the Company's ability to restore a stable trading share price, improve the Company's ability to raise additional capital, and execute its business plan. For further information, go to www.xynergycorp.com/XYNSECFILINGS.htm.
Xynergy Corporation (www.xynergycorp.com) is a holding company for: Raquel of Beverly Hills cosmetics (www.raquelofbeverlyhills.com), and Machinations, Inc., producer of Shrink Blotz greeting cards and related products (www.dementeddiagnosis.com).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.
Contact: Raquel Zepeda Xynergy Corporation 18851 NE 29th Ave., Suite 700 Aventura, FL 33180 Telephone: (305) 749-2525 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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FT. LAUDERDALE, FL -- (MARKET WIRE) -- 07/06/06 -- Information Architects (IA) (OTCBB: IACH), a leader in online information solutions, today announced the acquisition of FranchiseTheater.com.
FranchiseTheater.com (www.franchisetheater.com) is a portal used by individuals and investors to find information on franchise opportunities that are currently available on the market. FranchiseTheater.com specializes in researching and investigating the most exciting and rewarding business opportunities.
FranchiseTheater.com delivers franchising facts through reading material and accompanying franchise videos. The most effective way for interested individuals to learn about franchises currently for sale is to watch the videos that are available on the site. FranchiseTheater.com has a successful track record of connecting the right person with the right franchise opportunity.
FranchiseTheater.com is the preferred resource for finding required goods and services because their staff is experienced in the planning, placement and monitoring of Internet advertising. The site offers excellent opportunities for organizations to generate sales by reaching the thousands of professionals and individuals that visit FranchiseTheater.com.
This is an excellent fit for IA as they will now be able to offer a complete solution to the public. IA will utilize the tools available through FranchiseTheater.com to offer their franchises for sale, offer financing to qualified buyers and control the entire process from prospect to growth. IA employs a team of skilled professionals with a wealth of experience in implementing a national growth strategy.
"FranchiseTheater.com completes a strategic acquisition that aligns with IA's internal business incubation unit and overall franchise development plan. The technology that FranchiseTheater.com is utilizing meets IA's goal of innovating franchise sales and allows a potential buyer to interact with a particular concept early in the buying process," states Todd K. Morgan, CEO of Information Architects.
"This is the opportunity that will give us the most advantage in moving our franchise operations ahead. We are now positioned to execute our franchise development plan. We have the right solutions, we have the right people and now we have the right tools," added Jon Grinter, President of Information Architects.
About Information Architects
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CONX (.42)Launches Diagnostic Test for Aspirin Effectiveness; AspirinWorks(R) Test Kit Now CE Marked for Sale in Europe; Submission to FDA Imminent Jul 6, 2006 8:38:00 AM Copyright Business Wire 2006
DENVER--(BUSINESS WIRE)--July 6, 2006--
Corgenix Medical Corporation (OTCBB: CONX) has released for international sale its newest diagnostic product to be used in the fight against cardiovascular disease. The Company's AspirinWorks(R) Test Kit was launched at the 52nd Annual Scientific and Standardization Committee of the International Society on Thrombosis and Haemostasis, held June 28 through July 1, 2006, in Oslo, Norway.
The AspirinWorks(R) Test Kit is a quantitative laboratory test used to determine levels of 11-dehydrothromboxane B2 in human urine, which aids in the assessment of an individual's response to aspirin therapy. Recent reports indicate that up to 25% of the population may be non-responsive to aspirin's benefits, and less or non-responsive individuals may be as much as three times more likely to die from cardiovascular disease.
"The release of the first AspirinWorks(R) product is a major milestone for our Company," said Douglass Simpson, Corgenix President and CEO. "We have high expectations for this product and its contribution to the general practice of medicine. Interest worldwide is already strong, and we have ramped up our production to meet expected market demands."
The AspirinWorks(R) product was developed in conjunction with Corgenix's strategic partners, Creative Clinical Concepts (CCC), a Denver-based biotechnology company, and Cayman Chemical Company (Cayman), an Ann Arbor, Michigan-based manufacturer of biochemical research products. Corgenix and CCC have previously collaborated with McMaster University (McMaster) in Hamilton, Ontario. Under terms of a license agreement with McMaster, Corgenix and CCC have exclusive worldwide rights to the proprietary technology owned by McMaster for the development, manufacture and marketing of innovative diagnostic tests specific to the pathway by which aspirin acts on platelets.
The McMaster technology includes several patents pending in the United States, Canada and Europe, and has received notice of allowance of the first of the U.S. patent applications. In addition to licensing the McMaster technology, Corgenix also has a U.S. patent pending on the AspirinWorks(R) product.
The new AspirinWorks(R) product will be sold through Corgenix's established international distribution network and, as the product is not currently approved or cleared by the U.S. Food and Drug Administration (FDA), the Company intends to submit a Pre-Market Notification to the FDA within the next 10 days.
About Corgenix Medical Corporation
Corgenix is a leader in the development and manufacturing of specialized diagnostic kits for immunology disorders, vascular diseases and bone and joint disorders. Corgenix diagnostic products are commercialized for use in clinical laboratories throughout the world. The company currently sells over 50 diagnostic products through a global distribution network and has significant experience advancing products through the FDA process. More information is available at www.corgenix.com.
Source: Corgenix Medical Corporation
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Corgenix Medical Corp William Critchfield 303-453-8903 wcritchfield*corgenix.com or Investors: The Investor Relations Group Erika Moran/Tom Caden 212-825-3210 Fax: 212-825-3229
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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DGTL 0.17 Foundation for Emerging Markets Selects Digital Learning Management Corporation's Coursemate(TM) System to Put Its Classroom Education Online
July 6, 2006 - 6:00 AM EDT
Foundation for Emerging Markets Selects Digital Learning Management Corporation's Coursemate(TM) System to Put Its Classroom Education Online Digital Learning Management Corporation's (OTCBB: DGTL) Coursemate(TM) software system has been selected by the Foundation for Emerging Markets (www.theffem.org) to put it and its clients' corporate and government training courses online.
The Foundation for Emerging Markets (FFEM) is a non-profit California corporation that offers smaller and medium size companies with online education and training platforms as well as developing and providing course content. With Digital Learning's fully integrated Coursemate(TM) program, FFEM's staff of experienced and professional trainers will be able to provide companies with online access to training and certification programs round-the-clock.
"With the escalating costs of travel, lodging and food, coaching, classroom rentals, continuing education and seminar training, online learning is now the most cost effective way for companies to train and certify their employees," says Joseph F. Greco, PhD, FFEM's Chief Research Consultant. "Most important, Internet delivery of course content does not take employees away from their jobs, which is an extraordinary burden for smaller and medium sized companies."
Digital Learning's Coursemate(TM) software will enable FFEM professionals to instruct their clients on how to develop, publish and deliver courseware for e-Learning that is SCORM (Sharable Content Object Reference Model) compliant. SCORM compliant is the standard for distributing content across the Internet in a variety of rich media formats, including audio and video, or distributed on a CD.
These SCORM compliant courses can then be fully integrated into DLMC's Virtual University System (VUS) software which features full online school administration capabilities. The VUS software is offered in several versions addressing the Corporate, Education and Government e-Learning environments.
The Foundation for Emerging Markets (FFME) (www.theffem.org) is a non-profit California corporation that offers smaller and medium size companies with online education and training platforms as well as developing and providing course content. It is an Application Service Provider for Online Learning as well as offering customized research reports on many aspects of international business.
About Digital Learning Management Corporation:
Digital Learning Management Corporation (www.dlmcweb.com) is a provider of learning solutions for e-Education. Digital Learning offers a complete suite of products and services that power e-Education programs for a very broad set of markets such as corporate e-Learning, higher education, government and international. Its comprehensive "out-of-the-box" virtual learning solutions (www.vusonline.com) deliver on the promise of the Internet and help create 100% Web-based virtual learning environments for online teaching and learning, online examinations, online collaboration, campus commerce services, and integration of Web-enabled student services and back office systems.
Forward-Looking Statements:
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
Source: Market Wire (July 6, 2006 - 6:00 AM EDT)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CLXN .0061- CLX Investment Company Publishes July Investor Newsletter With Updates on Portfolio Holdings Thursday July 6, 9:00 am ET
TEMECULA, CA--(MARKET WIRE)--Jul 6, 2006 -- CLX Investment Company, Inc. (OTC BB:CLXN.OB - News), a diversified investment fund with holdings in e-learning, global advertising and diagnostic testing markets, today published its July 2006 investor newsletter. The July newsletter includes articles on new distribution agreements for portfolio investment Zonda Incorporated's HandiLab-C test for chlamydia in Europe and the entrance of eStrategy Solutions online content delivery services into Pennsylvania. "We are pleased to present this edition of our newsletter and update readers on the progress of our portfolio investments over the last two months," said Robert McCoy, chief executive officer of CLX Investment Company. "There were events of significance for each of our three portfolio companies over recent weeks, so this newsletter was an excellent opportunity to highlight several of the most important developments."
The newsletter reviews recent press releases concerning a distribution agreement for Zonda in Spain, applications for additional regulatory approvals for Zonda products in Europe, and projects currently underway by ActionView International, in which CLX holds a common stock position of over 1.2 million shares.
"As stated in my message to shareholders, CLX will be making a concerted effort to bring greater awareness to the company and the potential of its portfolio investments. We hope to see tangible results from these efforts. At the same time, the company will continue to update shareholders on the activities of our portfolio holdings as they grow to fulfill their respective business plans and return value to CLX and its shareholders," commented Mr. McCoy.
To sign up to receive information by email directly from CLX Investment Company when new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.clxinvestments.com/email.asp.
About CLX Investment Company
CLX Investment Company (www.clxinvestments.com) holds a 49% interest in eStrategy Solutions, Inc. (www.estrategysolutions.com), a Texas-based e-learning provider that has developed online training solutions for government entities and other professional organizations. Also in the CLX investment portfolio is a 31% equity interest in Zonda, Inc. (www.zondaincusa.com), a privately held company that specializes in test products that serve the medical, bacterial food safety, cosmetic, beverage, pharmaceutical, veterinary, and environmental sanitation testing markets. CLX has invested, and holds a common stock position, in ActionView International, Inc. (www.actionviewinternational.com), a publicly traded global manufacturer and marketer of "smart" scrolling advertising billboards.
CLX has elected to be regulated as a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940, and is pursuing a business plan wherein the Company seeks to make investment in developing companies with the goal of providing return for its shareholders.
All statements included in this release, including statements regarding potential future plans and objectives, of CLX Investments are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond CLX Investments' control. There can be no assurance that such statements will prove accurate. Actual results and future events could differ materially from those anticipated in such statements depending on many factors. Historical results are not necessarily indicative of future performance.
Contact: Contact: Gemini Financial Communications A. Beyer 951-587-8072 Email Contact
-------------------------------------------------------------------------------- Source: CLX Investment Company, Inc.
"Life is not measured by the number of breaths we take, but by the moments that take our breath away."
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PECB .19- Pet Ecology Brands, Inc. Continues Expansion of Its International Distribution Thursday July 6, 9:00 am ET
Company Announces Major Orders Received From Distributors in the Netherlands and Israel
DALLAS, TX--(MARKET WIRE)--Jul 6, 2006 -- Pet Ecology Brands, Inc. (Other OTC:PECB.PK - News) -- www.petecology.com -- announced today the finalization of purchase orders and distributor agreements in two new international markets, which continues the Company's market penetration into Europe, the Middle East, and Asia.
Pet Ecology Brands, Inc. recently received its first order from Pro-Animal, one of the largest distributors of pet products in the Netherlands. The initial order received from Pro Animal was for 1,600 4-lb bags of Scientific Professional(TM) Cat Litter. Pro-Animal has estimated that it will be placing reorders of a similar or larger quantity every sixty days. This relationship will give Pet Ecology placement of its various products throughout the entire country.
The Company also reached a distributorship agreement and received its first purchase order from Vetex-Animal, one of the largest pet products distributors in Israel. The initial order received was for 2,520 4-lb bags of Scientific Professional(TM) Cat Litter, and will be sold to retailers located throughout the country. Vetex is expected to reorder in similar quantities every 30 to 60 days.
International sales are being coordinated by three master brokers, in conjunction with the in-house sales team of Pet Ecology. These outside sales groups handle pet products in their spheres of expertise and influence: Europe, Asia/Pacific Rim, and Central/South America. Each of these international representatives has represented pet product interests in those areas for over seven years and each speaks multiple languages. These groups are headed by Tradewinds Global, who has been responsible for the rapid penetration of the Company's products in the Asian and Pacific Rim markets.
Pet Ecology Brands, Inc. CEO Ralph Steckel, in describing the increased activity in the international marketplace, stated: "These new orders are the combination of superior products and an excellent international sales team that we have established. We have found the international market to be very receptive to our line of pet products that concentrate on the health of pets, while also protecting the environment. Those two themes, which drive our product development, are major concerns for pet owners, whether located in the US or in the Netherlands and Israel. Although the orders that we received today from Pro-Animal and Vetex are sizable, they represent a continuing compounding revenue stream for Pet Ecology, because of the size and frequency of the reorders of our products that each distributor has told us would be forthcoming. We have in a period of only sixty days now penetrated eight major international markets, and we expect to announce in the near future additional sizable international orders. Our goal is to achieve significant initial orders and reorders in over thirty international markets by the end of 2006."
Pet Ecology Brands, Inc. has developed a revolutionary patented cat litter that destroys urine odor, clumps, and is earth-friendly. Scientific Professional(TM) Cat Litter is ultra-lightweight and convenient to use (3lbs works like 21lbs of clay/sand based products); it is 100% flushable and safe for sewer and septic tank systems. It is completely safe for cats and our environment, and does not contain any sodium bentonite, as used in competing brands. The design helps to protect the landfills, and yet does everything that clay litters do... and more. It has the ability to help indicate certain diseases commonly occurring in cats. The technique used is similar to that found in Merck's Veterinarian Manual. However, this litter not only warns of possible illness, but may also help indicate how far along the illness may be by the color the litter changes to, thereby providing the pet owner significant additional benefits and an early warning system concerning the cat's health. Scoop-Lite® provides the same benefits as Scientific Professional Cat Litter without the sickness indicator.
Pet Ecology's K-9 Fat Free Dog Treats(TM) are the first fat free treats on the market that meet the standards of the U.S. Department of Agriculture, and offer dog owners an effective means to provide their pets with a non-fat tasty treat. They are also cholesterol free and sodium free. According to U.S. News & World Report, "the number one health problem for dogs is obesity." Today, dogs are fed fat rich food and treats, and often get significantly less exercise than required to maintain an ideal weight and healthy condition. Overweight dogs are more prone to serious injury, skeletal stress, and the same complications that people experience with significant weight gain via fat rich diets, ranging from heart and lung problems, to skin and kidney diseases, to circulatory and immune system issues. Vit-A-Dog Fat Free Treats (soon to be available) are enriched with vitamins D & E, and will be available in chicken, beef and liver flavors.
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations. As statements regarding future events concern management's estimates of future results of operations, and as these estimates are based on many elements beyond management's control, differences from management's estimates may occur, and such differences may be material.
Investor Relations Contact: Gerald Kieft or Ryan Audin Wall Street Resources, Inc. 2646 SW Mapp Road, Suite 303 Palm City, Florida 34990 772-219-7525 http://www.wallstreetresources.net
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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TSSP .19- Trendsetter Solar Products, Inc. Is an Established Company Focused on Renewable Energy Solutions Thursday July 6, 9:00 am ET
RENO, NV--(MARKET WIRE)--Jul 6, 2006 -- Trendsetter Solar Products, Inc. today announced it has completed the reverse acquisition of Computer Communications, Inc. (CCMM). Computer Communications' name has been changed to Trendsetter Solar Products. As a result Trendsetter's shares have become publicly traded under the OTC symbol (Other OTC:TSSP.PK - News).
The principal shareholders of Trendsetter Industries and Six River Solar, through the acquisition and share exchange, have become principal shareholders of Trendsetter Solar Products, Inc. Trendsetter Industries and Six Rivers Solar have been in operation since 1979.
This acquisition now makes Trendsetter Solar Products, Inc. a quality manufacturer of solar hot water heating systems in the United States. Trendsetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program.
Dirk Atkinson, TSSP's CEO, said, "By becoming publicly traded, Trendsetter expects to have additional financing options. The financing will be used to launch new marketing campaigns and continue building the company as a nationally recognized brand. Having captured a small share of this re-emerging market and dedicated to advancing the solar thermal technologies, Trendsetter is committed to improving its existing core products."
Trendsetter Solar Products, Inc. is in the process of preparing to update Pink Sheets with information and financials statements on the Company. The process is expected to be completed with the next week.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical fact may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from the projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: For more information contact: CCMCo (T) 775-852-3222
-------------------------------------------------------------------------------- Source: Trendsetter Solar Products, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ERUG .175 - ER Urgent Care Centers Signs Grammy Award Winner as Spokesperson Wednesday July 5, 4:30 pm ET
MIAMI, FL--(MARKET WIRE)--Jul 5, 2006 -- ER Urgent Care Centers (Other OTC:ERUG.PK - News) has announced the signing of two-time Grammy Award winner Jorge Moreno as spokesperson. This hometown South Florida celebrity was a Grammy Award winner for "Best New Artist." Mr. Moreno was recently featured on Billboard, "American Bandstand" and "Good Morning America." He recorded the soundtrack for the motion picture "Havana Nights" with music sensation Carlos Santana. He is also a recording artist for Madonna. "As we increase our patient count as well as clinic openings this type of media exposure is vital to the national branding of ER Urgent Care Centers. Welcome to our organization," says Jerry Miller, Company Founder and Director. "We hope that all of you take the opportunity to stop by and visit our clinics."
ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
213 North Federal Highway Hallandale Beach, FL 33009
2812 West MLK Blvd. Tampa, FL 33607
15463 SW 137th Ave. Kendal, FL 33177
Coming Soon Miami Beach, Florida
4401 North Andrews Avenue Oakland Park, FL 33309
18648 N.W. 67th Ave. Miami Lakes, FL 33177 ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Health Care, Beech Street, Dimension Health, Assist Card, Cigna, Corvel, Health Insurance Plans and many more.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
For franchising and corporate information please contact us toll free at 1-877-303-3500.
Contact: Contact Information: ER Urgent Care Centers 1-877-303-3500
-------------------------------------------------------------------------------- Source: ER Urgent Care Centers
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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UTYW .102 - Unity Wireless Closes Acquisition of Celerica Ltd. Thursday July 6, 9:00 am ET
BURNABY, BC--(MARKET WIRE)--Jul 6, 2006 -- Unity Wireless Corporation (OTC BB:UTYW.OB - News), a developer of wireless systems and coverage-enhancement solutions, closed its acquisition of Celerica Ltd., an Israel-based developer of coverage enhancement solutions for 2G and 3G wireless networks, effective July 4, 2006.
ADVERTISEMENT Ilan Kenig, President and CEO of Unity Wireless, commented, "We are pleased to announce the closing of this transaction and welcome the Celerica employees into the Unity Wireless family. We are looking forward to completing our strategic acquisition plan, previously announced May 16, 2006, over the next several weeks and presenting a much stronger company to our market."
The acquisition of Celerica brings to Unity Wireless a unique line of coverage enhancement solutions that are being used today by operators of UMTS 3G networks in Europe and Asia. Often referred to in the industry as "distributed antenna systems" or "remote RF heads" mainly utilizing unlicensed free space optics (FSO) and 5.8Ghz microwave links, these systems allow operators to cost-effectively expand their coverage footprint by remotely distributing the capacity of centrally located base stations. In addition, several elements within the Celerica product lines are also marketable as stand-alone products.
"As a result of this transaction, we are seeing the potential of significantly increasing our opportunities with existing customers," commented Nissim Atias, CEO of Celerica Ltd. "We are very excited about this transaction and looking forward to play a role in a much bigger organization."
Celerica had audited 2005 revenues of US$2.2 million, a loss of US$6.1 million, and had positive net assets of US$2.9 million at December 31, 2005. The company has had the backing of an international group of venture capital investors whose investments in the development of Celerica's coverage enhancement products exceeded US$30 million.
"Restructuring Celerica is somewhat complete and the capital burn-rate that existed prior to our transaction has been reduced significantly. As we have said previously, the transactions currently underway are expected to create greater economies of scale across the entire operations infrastructure and are pleased with our efforts made so far," added Dallas Pretty, CFO of Unity Wireless.
Terms of the acquisition were unchanged from the initial terms announced on February 10, 2006 whereby Unity Wireless acquired Celerica Ltd. for preferred shares that upon conversion will represent 20 million shares of common stock. Additional information may be found on Form 8-K's filed by Unity Wireless with respect to this transaction.
About Unity Wireless
Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit www.unitywireless.com.
Forward-Looking Statements
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties including, without limitation, inability to complete any proposed transactions, inability to raise the funds necessary for the continued operations of the Company and its acquisitions, changes in external market factors, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.
Contact:
Investor Contact:
James Carbonara The Investor Relations Group (212) 825-3210
Mike Mulshine Osprey Partners (732) 292-0982 osprey57*optonline.net
Source: Unity Wireless Corp.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SEIH (.0008)Issues July Newsletter Featuring Ongoing Expansion of Operations in China Jul 6, 2006 9:15:00 AM
TEMECULA, CA -- (MARKET WIRE) -- 07/06/06 -- S3 Investment Company, Inc. (OTCBB: SEIH), a holding company with two subsidiaries doing business in the China market, today issued its July 2006 newsletter, which focuses on the signing of an important new exclusive supplier agreement by subsidiary SINO UJE in China and expectations for additional similar agreements in the near term.
Over the past several weeks, S3 has reported continued growth in sales of the high tech medical and industrial equipment that SINO UJE distributes to customers in China. Concurrently, the company is supporting SINO UJE's successful efforts to sign additional western equipment suppliers to exclusivity agreements for this immense market.
"The newsletter is another opportunity for S3 to review the progress that is being made as we prepare for our annual meeting later this month and the filing of our annual report, expected in the fall," commented Jim Bickel, chief executive officer of S3.
"We strongly believe that the increasing sales of products represented by SINO UJE in China, as well as the expansion of the network of suppliers whose products SINO UJE represents, will translate in a significantly improved position for S3 and the potential for greater return for S3 shareholders," added Mr. Bickel.
Currently visiting S3 subsidiaries SINO UJE and Redwood Capital in China, Mr. Bickel is working with management to increase revenues, while controlling costs and improving both the top and bottom line results for these companies.
"We are executing exactly the type of growth initiative for S3 that we had outlined for shareholders several months ago, and we are pleased that the events reported in this edition of our newsletter chronicle many of our recent milestones. This is certainly not a destination for S3, and we look forward to the further executing of our comprehensive strategy to build S3 into a company that returns value to its shareholders," stated Mr. Bickel.
S3 is also preparing for its annual meeting, which will be held on July 13, 2006, at 1:00 p.m. Pacific time at the company's corporate offices. The proxy requests shareholder votes on several proposals under consideration, as well as any other business that may properly come before the meeting. Shareholders are asked to return their completed proxies by mail in the return envelope provided or send by facsimile to Transfer Online at 503-227-6874. Votes can also be taken by telephone at 1-800-454-8683 or online at www.proxyvote.com.
To sign up to receive information by email directly from S3 Investment Company when new press releases, investor newsletters, SEC filings or other information is disclosed, please visit http://www.s3investments.com/ealert.asp.
About S3 Investment Company
S3 Investment Company, Inc. (www.s3investments.com) is a holding company with two subsidiaries doing business in the China market. S3 holds a 100% equity interest in Redwood Capital (www.redwoodcapinc.com), which assists private Chinese companies in accessing U.S. capital markets by utilizing a network of investment banking relationships, and a 51% equity interest in SINO UJE (www.sinouje.com), a non-stocking distributor of medical and industrial high-tech products to markets throughout China.
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.
Contact: Gemini Financial Communications A. Beyer (951) 587-8072 Email Contact
Equiti-trend Advisors LLC Investor Communication Representatives Toll-Free (800) 585-6988
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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JMCP .0001- James Monroe Capital Corporation Establishes New Subsidiary Devoted Solely to the Ethanol Industry Jul 6, 2006 8:30:00 AM Copyright Business Wire 2006 CHICAGO--(BUSINESS WIRE)--July 6, 2006--
James Monroe Capital Corporation (Pink Sheets:JMCP) today announced it has established a new subsidiary devoted solely to the ethanol industry.
The name of the subsidiary that has been established is Diversified Ethanol, the new subsidiary will act as a holding company investing or joint venturing in ethanol/bio fuels related products and services.
The newly formed subsidiary/company has plans to set up its headquarters in the ethanol heartland of Iowa, as management believes Iowa will afford extraordinary exposure and opportunities for Diversified Ethanol.
Taylor Moffitt will be the CEO of the new company and oversee the initial growth stages. Moffitt said, "As gasoline prices continue to remain high with no end in sight, this is a perfect time for us to enter the alternative fuel sector such as ethanol. The demand for ethanol is growing by leaps and bounds and we intent to participate in a big way with this exciting industry. Bio fuels are renewable, and burn clean, and the biggest appeal we see is solid earnings potential."
More information about the project will be available on the company's new web site, www.DiversifiedEthanol.com. The web site is under construction, and will be fully functional by the end of July.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Source: Commonwealth American Financial Group
---------------------------------------------- James Monroe Capital Corporation Northbrook Chris McGovern 847-418-3848
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Providential Energy Corporation Expands Scope of Business to Include Alternative Energy Business Wire - July 06, 2006 08:30
HUNTINGTON BEACH, Calif., Jul 06, 2006 (BUSINESS WIRE) -- Providential Holdings, Inc. (OTCBB:PRVH) (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 -- WKN 935160) (www.phiglobal.com) today announced that Providential Oil & Gas, Inc. has changed its name to Providential Energy Corporation, a Nevada corporation and wholly-owned subsidiary of Providential Holdings, to engage in alternative energy businesses such as hydropower, fuel cells, and ethanol.
Providential has investigated a number of prospects in the U.S. and Europe for potential collaboration in the production and marketing of alternative energy such as fuel cells and ethanol. In addition, the Company has been in dialogues with Cavico Corporation (Pinks Sheets:CVCP) to discuss the possibility of cooperating and building a jointly-owned hydropower plant in Vietnam in the near future.
Henry Fahman, Chairman and CEO of Providential Holdings, Inc., commented: "Though this is still in its early stage, we believe Providential Energy Corporation better represents the scope of business activities we anticipate doing under this subsidiary."
About Providential Holdings, Inc.
Providential Holdings is a diversified holding company primarily engaged in mergers and acquisitions and independent energy business. The Company acquires and consolidates special opportunities in selective industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
SOURCE: Providential Holdings, Inc.
Providential Holdings, Inc. Henry Fahman, 714-843-5455 www.phiglobal.com
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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ANTV Launches New Reality TV Show for Finding and Fixing Up Old C rs: 'Sheriff Hege's What's in the Garage' ANTV Launches New Reality TV Show for Finding and Fixing Up Old Cars: 'Sheriff H ge's What's in the Garage'
>CLEARWATER, Fla., July 6, 2006 (PRIMEZONE) -- Adrenaline Entertainment, Inc. (Pink Sheets:ADNL), which produces Adrenaline Nation TV, the leading channel for cutting edge independent music TV, innovative independent and short films and adrenaline sports for the highly coveted 18-49 demographic, today announced that it has teamed with retired Sheriff Gerald Hege to launch a new reality show for finding and fixing up classic cars: "Sheriff Hege's What's in the Garage?" The ANTV channel currently reaches 28 million homes across the U.S.
In each episode, Sheriff Gerald Hege, once known as America's toughest Sheriff, goes undercover to discover the automotive gems hidden in old garages across America. Sheriff Hege hits the highways of America to find old cars just waiting to be fixed up. In true reality show fashion, he interviews the cars' owners on the spot about the history of the car.
"We love our cars in this country, and most of us end up with old cars that we put off restoring due to the demands of raising families and everyday life," said Sheriff Hege, who directs, co-produces and hosts the show. "Most of the car shows that you see on TV today will take one lucky person's car and spend $150,000 to fix it up for them for free. In the real world, that doesn't happen. We set out to find these treasures and we show the viewers how to find, buy, sell and fix them up, all for a price that is more affordable to the average person. The show is really more about the owners' stories than the cars themselves."
Sheriff Hege shows viewers how to spot likely sites where an old car might be found, and he gives them pointers on making an offer to buy a car and restoring it to its former glory. Guests on the show range from NASCAR Hall of Fame member Junior Johnson to anyone with a garage that looks like it could be housing a vehicle. All of the stories are told with the down home delivery of "an old country boy who has been to town a few times."
"We are very excited to co-produce and develop the 'What's in the Garage' series with Sheriff Hege," said Keith Dressel, CEO of Adrenaline Nation Entertainment, Inc. "He brings a unique perspective to each story, having served the public as a Sheriff for so many years. He does a great job of highlighting the stories that these cars and their owners tell in a lighthearted and entertaining manner, weaving in the human interest stories for a cross section of Americana. There is nothing like it on TV today."
Sheriff Hege has been involved in reality TV programming for many years. He did the Cell Block F segment on Court TV, one of the first reality TV shows interviewing prisoners in jail. He is the only law man outside of the state of Tennessee ever awarded the Buford Pusser Walking Tall award. He was named law enforcement officer of the year from the American Legion in North Carolina and was also given a Veteran of Foreign Wars Award. Sheriff Hege has made appearances on Court TV, the Today Show, 20/20, Larry King Live, Inside Edition and America's Most Wanted. He has also been filmed for TV programs from Germany, Australia and the U.K. He also hosts a weekly talk show on WEOM 103.1 FM in Thomasville, North Carolina, that covers current events, politics, down-home humor and old cars.
About Adrenaline Nation Entertainment, Inc.
Headquartered in Clearwater, Florida, Adrenaline Nation Entertainment, Inc. (Pink Sheets:ADNL) provides broadband TV programming connecting viewers and advertisers to the tremendous purchasing power of the coveted 18-49 year audience. Adrenaline Nation Entertainment's programming features the hottest, cutting-edge independent music in the world, independent films, adrenaline sports, motor sports, and extreme action and adventure programming in a format to be distributed to homes via broadband Internet, IPTV, digital cable, WiFi, high definition and mobile TV. Adrenaline Nation TV can be viewed on the company's highlight reel at http://www.brandedentertainment.tv/antv.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project" or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the company operates, projections of future performance, potential future performance, perceived opportunities in the market and statements regarding the company's mission and vision. The company's actual results, performance and achievements may differ materially from the results, performance and achievements expressed or implied in such forward-looking statements.
CONTACT: CNC Associates Cathy Clarke (617) 527-2089 cathy*cncapr.com *** end of story ***
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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July 6th, 2006 Obasanjo to commission sickle cell drug factory today
A local factory that would immediately commence the production of NICOSAN- an anti-sickling drug, will be commissioned today by President Olusegun Obsanjo.
Ayodele Coker, Director General of SHESTCO who disclosed this in Abuja yesterday explained that NICONSAN is a drug first developed by the National Institute for Pharmaceutical Research and Development (NIPRD) for the management of sickle cell disease.
He said that NICOSAN consists of a mixture of extracts from four tropical plants, some of which are cultivated and found in the wild both within and outside Nigeria Coker stressed that all necessary precautions had been taken to ensure safety of the products as well as continuity in the production.
According to him, the Gamma irradiation facility is to be used for food preservation, sterilisation of pharmaceutical and medical devices, as well as polymerisation and other industrial applications.
Cker said that "the drug, to be used in the treatment of sickle cell diseases, is being produced by a pharmaceutical company-Xechem-Nigeria and has been tested locally and international at Philadelphia Children’s Hospital in the United States."
The drug which Coker said has been approved by the National Agency for Food and Drug Administration and Control (NAFDAC) is also been recognised by the World Health Organisation (WHO) for the treatment of sickle cell diseases .
Coker explained that the Gamma Irradation facility is for food security and preservation of agricultural products which will cut down the loss from waste of harvested crops experienced annually stressing "more than 55% of our harvested crops are wasted thus the need for the facility and we want to cut down on this loss".
"WE are confident this will help in the reduction of prices of foodstuffs all year round. With the Gamma Irradiation Facility, you can delay the ripening period period, retain freshness and admittance of exported agriculture products in the markets. Products that go through the facility will be 100% safe for human consumption as there is no room for error.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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