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UDTT (.039)to Use the US Department of Commerce's Commercial Service to Potentially Boost International Sales Jul 7, 2006 4:00:00 PM
LOS ANGELES, July 7 /PRNewswire-FirstCall/ -- Universal Detection Technology (OTC Bulletin Board: UDTT; FWB: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, announced today that it will be listed on the Commercial Service's list of Featured US Exporters (FUSE).
FUSE is a directory of US products featured on US Commercial Service websites around the world. It gives US companies an opportunity to target specific markets in the local language of business. Currently, listings are offered to qualified US exporters seeking trade leads or representation in over 50 markets around the world. This service is offered for a fee.
UDTT plans to use this service for the following regions and countries: Asia/Pacific, Australia, Singapore, Hong Kong, Indonesia, Europe, Belgium, Sweden, United Kingdom, Middle East and Africa, South Africa, Qatar, Israel, Saudi Arabia, and Canada. The company is already listed on the US Commercial Service's United Kingdom site via the following link: www.buyusa.gov/uk/en/featured_us_exporters.html?exp_cat=6010&exp_pid=405
"We have kept an open eye on the international market place and have tried to expand and grow our global sales and marketing in parallel with our domestic efforts. In fact, the first sale of our bacterial spore monitoring device was a result of our international awareness, and we plan to continue to seek additional opportunities overseas," said Nima Montazeri, UDTT's vice president of strategic development. "We have worked closely with the Commercial Service in the past and look forward to expanding our global marketing efforts with their help," he added.
About US Commercial Service
The US Commercial Service is a part of the US Department of Commerce and is active in promoting the sales and presence of US companies in various markets around the world. With offices in the US and in several foreign territories the US Commercial Service offers several ways to grow US businesses' international sales. The tasks of the Commercial Service include, and are not limited to, world-class market research, trade events that promote US products or services to qualified buyers, introductions to qualified buyers and distributors, and counseling through every step of the export process.
About Universal Detection Technology
Universal Detection Technology (UDTT), founded in 1973, is a developer of monitoring technologies, including bio-terrorism detection devices. Management believes that the Company's technology, together with third party technologies, has positioned it to capitalize on opportunities related to Homeland Security. Universal Detection Technology, in cooperation with NASA's Jet Propulsion Laboratory (JPL) has developed a bio-terror 'smoke' detector, which combines JPL's spore detection technology with UDTT's aerosol capture device. For more information, please visit http://www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties include, among other things, the funding of amounts of capital adequate to provide for our working capital needs and our timely repayment of debt; the ability of SSI to generate sales and increase visibility of the BSM-2000 based on its contacts and relationships in the United States; our ability to timely and cost effectively complete the development and testing of our products targeted to the bio-chemical market; our ability to commercially produce our products on a profitable basis; commercial acceptance of our products; product price volatility; product demand; market competition and general economic conditions and; other factors described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SOURCE Universal Detection Technology
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Jacques Tizabi of Universal Detection Technology +1-310-248-3655 jtizabi*udetection.com; or Andrew Hellman of CEOcast Inc. +1-212-732-4300 for Universal Detection Technology
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SUUB (.58) Launches New Mash Culture Lab(TM) Apparel Line, Accelerating Multi-Brand Strategy to Capitalize on High-Revenue Demographics; Mash Culture Lab(TM) Brand Developed in Response to National Retailers' Demand to Target Mainstream Markets Jul 7, 2006 4:01:00 PM Copyright Business Wire 2006
LOS ANGELES--(BUSINESS WIRE)--July 7, 2006--
Sub-Urban Brands, Inc. (OTCBB:SUUB), a multi-brand apparel company pursuing high-margin revenue growth in the global fashion industry, has announced the launch of its latest clothing line, Mash Culture Lab(TM), in response to increased demand from highly interested national retailers seeking to drive revenues in the largest segments of the youth consumer public. Mash Culture Lab(TM) is the latest clothing line to be launched under Sub-Urban's core strategy to create a diversified brand portfolio, aimed at maximizing revenue potential and mitigating risk, while maintaining strong brand appeal for each consumer base.
As the newest brand in the Sub-Urban portfolio, Mash Culture Lab(TM) retains the cutting-edge design and appeal of Sub-Urban's WHITEBOY(R) brand including the signature rooster logo, yet targets an even broader market share.
"Mash Culture Lab(TM) was created in response to the global youth movement known as Mash Culture. We believe our new brand will give us high visibility and recognition to capture a substantial portion of this emerging marketplace," said Joseph Shortal, Chief Executive Officer of Sub-Urban Brands. "Whiteboy will remain one of our high-end, cutting-edge brands for early retail industry adopters and fashion trendsetters, while Mash Culture Lab(TM) will appeal to a broader consumer segment, with a commensurate potential increase in the revenue-generating market base."
Mash Culture Lab(TM) is a brand concept derived from today's most significant cultural youth movement. According to Wired Magazine, an influential periodical of current culture, Mash Culture is the result of a multitude of technological innovations that allow today's youth to combine previously disparate cultural movements like Hip Hop and Rock to create unique sounds, videos, automobiles and even customized clothing. Sub-Urban has positioned Mash Culture Lab(TM) on the cutting-edge of that movement, as it executes yet another strategic initiative that targets mainstream youth.
Sub-Urban's diversified multi-brand strategy allows the Company to target both niche and mainstream markets without diluting brand equity. For example, Fred Segal, a cutting-edge boutique retailer, will continue to carry the more edgy Whiteboy brand to maintain credibility with fashion trendsetters, while Mash Culture Lab(TM) will appeal to major national department store retailers that attract the larger mainstream customer base.
Through its various brands, Sub-Urban primarily targets the age 13-29 youth consumer demographic group, which comprises an estimated 40 million-plus consumers in the U.S. alone. The Company is committed to generating high-volume sales by addressing this multibillion-dollar youth market with hip styles inspired by urban, surf and music culture.
Sub-Urban's provocative brands have been engineered from the start to generate consumer buzz and to maximize sales. The Company's brands have been widely featured in high-profile fashion magazines, online publications and news media. The Company is committed to aggressive appreciation through organic and acquisitioned growth, including the purchase of additional trademarked apparel and accessory lines.
About Sub-Urban Brands
Sub-Urban Brands, Inc. is a multi-brand company which designs and markets cutting-edge lifestyle apparel that targets the rapidly-growing multibillion-dollar youth consumer marketplace. The Company pursues robust revenue-generating opportunities within multi-tiered retail markets that leverage multiple brands and market segments to create financial success. Sub-Urban is committed to further expansion and increased shareholder value through both the internal development of intellectual property and acquisition of additional brands, as well as to the establishment of new international marketing alliances that will reinforce its recurring and non-recurring revenue streams. Inspired by the energy and vigor of youth, urban and music culture, Sub-Urban is initially focused on creating a family of non-competing brands for its key target consumer, an estimated 40 million 15-29 year olds. Sub-Urban's current portfolio of trademarked apparel and accessory brands includes WHITEBOY(R) for Men, WHITEBOY(R) for Juniors and BLACK JESUS(R) streetwear apparel and PYT styles for younger girls. Consistent with the company's high growth strategies, the Company will be actively marketing these brand offerings to Japan, Canada, Australia and 25 European countries. For additional information, please visit www.suburbanbrandsinc.com. For more investor oriented information about Sub-Urban, visit http://www.trilogy-capital.com/tcp/sub-urban/. For current stock price quotes and news, visit http://www.trilogy-capital.com/tcp/sub-urban/quote.html. To view an Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/sub-urban/factsheet.html.
Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Source: Sub-Urban Brands, Inc.
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Media and Public Relations Sub-Urban Brands Inc. Caroline Rothwell 323-781-2276 or Financial Communications Trilogy Capital Partners Paul Karon 800-592-6067 paul*trilogy-capital.com
-------------------- The difference between genius and stupidity is that genius has its limits
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AAPM (.105) Announces First Quarter Revenues of $14,638,524 Jul 7, 2006 4:15:00 PM
CARSON CITY, Nev., July 7 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheets: AAPM), announced today results for the first quarter ending March 31, 2006 at $14,638,524, unaudited.
For the three months ended March 31, 2006, earnings before interest, taxes, depreciation, and amortization, or EBITDA, totaled $447,247, with a basic and diluted earnings per share of $0.005.
America Asia Petroleum America is an energy company that specializes in extracting crude oil from shale rock using its proprietary patented technology and has offices in USA and China. The company presently operates through joint ventures in China that produces various products and services.
Safe Harbor Provisions
Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by America Asia Petroleum Corp., (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, are statements regarding the intent, belief or current expectations, estimates or projections of the Company, its Directors or its Officers about the Company and the industry in which it operates, and are based on assumptions made by management. Forward looking statements include without limitation statements regarding: (a) the Company's strategies regarding growth and business expansion, including future acquisitions; (b) the Company's financing plans; (c) trends affecting the Company's financial condition or results of operations; (d) the Company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the Company's ability to respond to changes in customer demand and regulations. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
The Company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions.
SOURCE America Asia Petroleum Corp.
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America Asia Petroleum Investor Relations +1-775-831-8887
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Outlook for 2006 -- As Reported by ******************.com Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce today that, through its wholly owned subsidiary, Diamant Film Inc., the President and CEO, Stefan Gudmundsson, has been featured in an interview with ******************.com. ******************.com is viewed by over 80,000 analyst, brokers, portfolio managers and high net worth investors.
During his interview, Mr. Gudmundsson stated, "This is an exciting time for our company. We have created the world's first plasticizer-free stretch film, Diamant(TM) film is the world's first plasticizer-free stretch film based on polystyrene and the first food wrap film that is environmentally friendly and recyclable. Diamant(TM) film has recently received the ECO logo certified by the Environmental Choice(TM) Program. The Environmental Choice(TM) Program is North America's leading benchmark of environmentally responsible products and services. Diamant(TM) film has successfully met the criteria for both the environmental and performance standards.
"We have also secured the rights to the US, Canada, China, Korea, Mexico, Singapore, Thailand and the Bahamas. This gives our company control over those markets." Mr. Gudmundsson further stated, "Now that we have secured the rights to these markets, we are aggressively marketing our non-pvc, biodegradable food wrap film to hospitals, supermarkets and homes on a global scale."
For further information, please contact Investor Relations at (973) 351-3868, or visit our website at www.diamantfilm.com
Forward-Looking Statements:
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
Source: Market Wire (July 7, 2006 - 4:10 PM EDT)
News by QuoteMedia
-------------------- The difference between genius and stupidity is that genius has its limits
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Trudy Announces Conversion of Principal Shareholders' Debt to Equity Trudy Corporation (OTCBB: TRDY) announced today the Board of Directors authorization and approval of a proposed conversion by Mr. William W. Burnham and Mrs. Alice B. Burnham of their loans to the Company, plus accrued interest, into shares of Common Stock of the Company. The Board provided the Burnhams with a deadline of July 15, 2006 by which to elect such conversion and the Burnhams have informed the Company they wish to make such conversion at once.
The Independent Committee of the Board of Directors was charged with formulating an opinion as to the price at which the Burnhams should be allowed to convert their loans and accrued interest to equity. In reaching its conclusion the Committee relied upon the following sources of information:
a. The Company's past financials, its current financial position, and an understanding of the Company's prospects for the coming fiscal year 2007; b. Valuation information made generally available by the media and a number of business brokerage sources in the publishing industry; c. Judgment based on many years of experience in the publishing industry; d. A review of the average price of Trudy common stock over the past 30, 60 and 90 days;
Based upon a combination of the above items and reasonable judgment, the Independent Committee proposed that the Burnham loans and accrued interest be converted to Trudy Common Stock at a price of $0.01 per share, and the Board of Directors of Trudy unanimously approved such conversion price, Mr. and Mrs. Burnham having recused themselves from voting.
The below table summarizes the loans and accrued interest that was converted on July 7, 2006 based on principal and accrued interest balances as of July 7, 2006.
Accrued Individual Position Debt Interest Total ---------- -------- ---------- -------- ---------- Mr. William Chairman of the Burnham Board, Director of Corporate Development, principal shareholder $ 825,664 $ 22,321 $ 847,985
Mrs. Alice Director, principal Burnham shareholder 454,000 102,338 556,338 ---------- -------- ---------- Total: $1,279,664 $124,659 $1,404,323 ========== ======== ==========
The conversion of debt and accrued interest at $0.01 will create approximately 140 million newly issued shares of common stock out of the 850 million shares authorized. These shares, when added to the 458 million fully diluted current shares outstanding, will yield a new total shares issued and outstanding of approximately 598 million. After the conversion, the Burnham family will own 316 million shares of Trudy common or 52.8% of the common shares issued and outstanding.
Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements speak only to the date hereof; Trudy Corporation disclaims any intent or obligation to update these forward-looking statements.
Vinoble, Inc.: Drilling Update on Clovelly South Prospect Vinoble, Inc. (OTCBB: VNBL) announced June 19, 2006 that drilling had begun on the Clovelly South Prospect's Allain-Lebreton No. 2 well. The Company has been notified by the operator that as of early this morning the well has reached a depth of 11,000 feet.
Daily reports provided from the site indicate normal operations. Although it would be anticipated that drill rates would be lower at greater depths, the Company is pleased that the operator has reached 11,000 feet within 19 days from the spud date.
As previously announced, the original proposed target was to test the "M" Sand at a depth of approximately 13,500 feet with a prospective size of 3.6 million barrels of oil. After further geophysical review of a 3D Seismic survey of the property, the operator and the interest owners of the prospect put forth a further development plan for a deeper horizon. The additional drilling target will test the "P" Sand at approximately 14,200 feet, and if successful, would significantly increase the reserves in the well to an anticipated 11 million barrels of oil for a nominal increase in the dry hole cost. A discovery would lead to the drilling of several development wells on the 1260 acre property where facilities for the production of the well are available.
While global political turmoil continues to keep oil prices near $75 per barrel and some recent analysts' reports predict that oil could reach as high as $100 a barrel in the near future, the Company is moving forward in its efforts to acquiring additional growth and investment opportunities in this natural resource sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. The Company is focused on increasing value by means on continuing acquisitions, development projects and exploration drilling through joint venture networks.
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", 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. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Vinoble to complete the proposed acquisition(s), the results of Vinoble's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Vinoble to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
Source: Market Wire (July 7, 2006 - 5:01 PM EDT)
News by QuoteMedia
-------------------- The difference between genius and stupidity is that genius has its limits
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Dear Shareholder, The Company thanks you for your support and patience as we continue to find new strategic assets to develop and spin out from UC Hub Group Inc. while we further exploit the direct and indirect implementation of the Digital City Vision. The Company believes the overall “triple play” is to develop multiple companies and therefore expand the shareholder portfolio; develop multiple revenue centers within each individual company as part of strategic planning and cross pollinate such revenue centers amongst our portfolio companies; develop additional public companies that have the potential of a significant multiple which may be compounded as a result of the synergy amongst the Digital City portfolio. Recently we announced the sale of our financial services division, eSAFE Inc. to PSPP Holdings in exchange for some interim funding for eSAFE and shares given to UC Hub Group Inc. We believe this positions eSAFE for accelerated growth and a potential increase in efficiency and value for the shareholder. We also believe that the future is bright and we are optimistic about the new and experienced team and their relative results that eSAFE will begin to harvest and announce through PSPP Holdings Inc... Please pay attention to this exciting entity and its robust and new offerings. Three-Inc is an exciting wireless triple play in today’s world of voice, video and data. Three-Inc anticipates announcing the signing of some substantial contracts soon that will begin to shape this company and its future. It is believed that we will be able to focus on the triple play (voice, video and data) and charge $100 or greater per month per household for the bundled services. We have estimated there are two million of our niche customers as our phase one targeted group in southern California and we believe there is a conservative potential for a five percent market penetration in southern California. We have agreed to do the beta in the Southern California area and our investors are excited about the results of such. We are presently negotiating sites for wireless delivery and expect to install such transponders and receivers combined with our broadcasting partner within the next thirty to sixty days. Richard Lubic understands this marketplace well and as a key team member, he will be a compliment to the deployment of these systems which he has developed and installed over the past years. We will now begin finding other important Digital City “infrastructure” plays that will enhance the quality of life for a community and the environment. These acquisitions will focus on software and Municipal systems. Presently we have OT2.com (municipal government software in 10 cities) and we also have THREE-Inc.com which will become a Community Portal for key Community services. We believe the shareholders of UC Hub will own a very impressive Digital City portfolio, through these strategic developments. The Digital City vision is a portal of services that can compliment most environments, and will prove to be a key to small and medium sized cities in the world. PSPP will extend the very robust financial services to our Digital Cities while building its client base domestically and internationally. THREE-Inc.com will provide a wireless distribution medium utilizing key broadcasters content and emerging spectrum technology that will carry over into the Digital City’s other key verticals. The team within the Company continues with the vision and tenacity that will bring forth solutions for the so called digital divide via the Digital City vision, while hoping to build a greater shareholder portfolio base and a greater shareholder confidence in the overall integrity of this vision. Sincerely, Larry Wilcox
-------------------- The difference between genius and stupidity is that genius has its limits
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Lyamec in Agreement With Grifco on $2.25 Per Share Offer
LONDON, July 7 /PRNewswire/ -- Lyamec announces that it has reached an agreement with Grifco (Pink Sheets: GFCI) to move on the USD $2.25 per share offer: "We look forward to receiving fully executed documents in the upcoming days, and look forward to move to closing." Lyamec states acquisition initiatives on the 5 year outlined USD $76.5 Million GPC approved Libya facility entails an additional premium of USD $28 Million to be paid directly to Lyamec. In a statement by Interim CEO RG Raymond, "Clearly, it would be an unwise decision on anyone's part to perceive that any offering to acquire a majority stake of Grifco at this stage will lead to leveraging their position on the Libya facility without our approval, regardless of Grifco's current assets and or commercialized tools and products. Notwithstanding this, Grifco is now to resume consolidating its assets for closing."
The Global Oil Tools Libya facility in Misurata is strategically located to provide ready access to critical key distribution points from which Global can deliver tools to regional customers on a just-in-time basis. Global's advantage in North Africa is the ability to provide a localized, fully integrated development, manufacturing and shipping facility over competitors shipping tools from distant distribution centers.
About The Lyamec Group
The Lyamec Group (http://www.lyamec.com) was established in 1999, to fulfill the existing and expanding demand for U.S.-made products. The Lyamec Group provides vital assistance in laying unique and integrated platforms with cross-border assets to further streamlining efficient and effective opportunities and solutions.
Global Oil Tools (Pink Sheets: GFCI) is ISO 9001 and A.P.I. Spec. 14A certified and Quality Assurance Program conforms to all specifications set forth in ISO 9001 (ANSI/ASQC Q91) and A.P.I. Spec. 14A. Global has strict quality control standards, starting with the purchase of raw materials, through the manufacturing process, the inspection process, and the shipping process. Global maintains complete traceability on every product manufactured.
This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com
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DIAAF .0032 this may be a fluff but who knows at this price how it will go on Monday.
DIAAF Outlook for 2006 -- As Reported by ******************.com
By Market Wire Last Update: 7/7/2006 4:11:10 PM Data provided by
TORONTO, Jul 07, 2006 (MARKET WIRE via COMTEX) -- Diamant Art Corporation (DIAAF) is pleased to announce today that, through its wholly owned subsidiary, Diamant Film Inc., the President and CEO, Stefan Gudmundsson, has been featured in an interview with ******************.com. ******************.com is viewed by over 80,000 analyst, brokers, portfolio managers and high net worth investors.
During his interview, Mr. Gudmundsson stated, "This is an exciting time for our company. We have created the world's first plasticizer-free stretch film, Diamant(TM) film is the world's first plasticizer-free stretch film based on polystyrene and the first food wrap film that is environmentally friendly and recyclable. Diamant(TM) film has recently received the ECO logo certified by the Environmental Choice(TM) Program. The Environmental Choice(TM) Program is North America's leading benchmark of environmentally responsible products and services. Diamant(TM) film has successfully met the criteria for both the environmental and performance standards.
"We have also secured the rights to the US, Canada, China, Korea, Mexico, Singapore, Thailand and the Bahamas. This gives our company control over those markets." Mr. Gudmundsson further stated, "Now that we have secured the rights to these markets, we are aggressively marketing our non-pvc, biodegradable food wrap film to hospitals, supermarkets and homes on a global scale."
For further information, please contact Investor Relations at (973) 351-3868, or visit our website at www.diamantfilm.com
Forward-Looking Statements:
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
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DRAKE GOLD RESOURCES Quick Quote: DKGR 0.01 (Even) Drake Gold Resources Inc. Announces Expansion of Drake Diamonds 7/10/2006 CENTURY CITY, CALIFORNIA, Jul 10, 2006 (MARKET WIRE via COMTEX News Network) --
Drake Gold Resources, Inc. (PINK SHEETS: DKGR) is pleased to announce the expansion of Drake Diamonds.
The recently formed division is based on the targeted zones in Southern Saskatchewan, which are some of the best-known kimberlite discovery areas in the world, quoted by some as the World's largest. Due to the recent potential projects that are now under review by the Drake Diamond Team the company has decided to open an office in the township of Melfort, SK, Canada.
The new office is mandatory to the Drake Diamond Team to fully be able to implement the strategy for exploration and development of key locations in the Fort a la Corne area. The office number will be set up later this week and will be updated on the contact page on the website. The current mailing address during set up is:
P.O Box 3655
Melfort SK SOE1A0
The Fort a la Carne region is a diamond-studded area with majors such as such as De Beers, Shore Gold, Kensington, and Great Western Diamonds among many junior players. The Fort a la Corne area of Saskatchewan hosts one of the most extensive kimberlite fields in the world. Over 71 kimberlites exist in the Fort a la Corne province and over 70 percent of these have been shown to contain diamonds. The 71+ diamondiferous bodies of the Fort a la Corne (FALC) field form one of the largest diamondiferous kimberlite clusters in the world.
Drake Diamonds also welcomes the newest member of the Drake team, Melvin O'Neil. Being that Mr. O'Neil has been a resident of the Fort a la Corne area for over 53 years, he comes with the knowledge and expertise Drake Diamonds needs to build a strong operation in Saskatchewan. Mr. O'Neil has had 10 years of diamond exploration in which the last three he was with an exploration company in the region. He has the opportunity to work hands on in the area of drilling and core sampling. He has a long-standing reputation with all the locals, providence offices and staff as well as some of the World's largest diamond mining companies in the region. The duties will cover the facilitation and acquisition of diamond and mining prospects as well as potential joint ventures in conjunction with targeted areas.
Mr. O'Neil will be working mono a mono with Mr. Marconette, Drake Gold's most recent addition to the project development team. The two of them together will be working with local officials to lock in some key areas to conduct project exploration.
Mr. Marconette is currently aiding in finalizing a potential acquisition for Drake Diamonds of up to 36,000 Hectares in the heart of the southern mining mineral deposit district in Saskatchewan. Complete discloser and maps will be released as soon as possible once the Department of Industry and Resources approves the leases.
Mr. O'Neil commented on his newly appointed post, "I am very excited to be part of Drake Diamonds and I am looking forward to talking to shareholders and to helping Mr. Marconette in getting this area strong in assets for the shareholders of Drake Gold.
The Drake Team is pleased to update shareholders with the most recent activities on the other fronts. The acquisition of Pegasus Oil Well Services (POWS) is to be announced within the next couple days. Projections of 2006 revenues will be released as well as additional information on the operations of POWS.
Several other Gold Mining Projects have been identified as well as our primary target in South Eastern Arizona in conjunction with Thunder Gulch Resources. We plan to release the acquisition details as soon as they are made available. The initial targets have potential to have cash flows within the first couple months that will provide a diversified income for Drake Gold as it unfolds into a larger resource company.
Current and future shareholders are encouraged to sign up for email updates. The new Company website provides current news releases, reports, interviews, industry news and market related information. To sign up, click on the link located under the main menu at www.drakegold.com.
Shareholder inquiries and suggestions are welcome and should be directed to the Drake Gold, Investor Relations Team at (toll free) 1-888-601-9983, internationally at 1-503-618-0370, or via email at info*novakcapital.com.
About Drake Gold Resources, Inc.
Drake Gold Resources, Inc. (http://www.drakegold.com) is an early-stage mining and energy company that focuses on the exploration and production of precious metals, diamonds and energy, such as petroleum and coal. Several projects have been identified through Thunder Gulch Resources, Ltd. and its resources in North America. Drake intends to complete the acquisition of Pegasus Oil Well Services within the coming days. (http://www.pegasusoilwellservices.com) Announcements will be made as agreements are completed.
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COOPER CITY, FL -- (MARKET WIRE) -- 07/10/06 -- China Direct Trading Corp. (OTCBB: CHDT) today announced preliminary top line revenue for the first six months of 2006 ended June 30, 2006 of $11 million, an increase of over 2300 percent as compared to revenue of $465,000 reported for the first six months of 2005.
First six months 2006 results include $10,750,000 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's SEC reported financial results. Actual financial results for this period may vary based on auditor and other adjustments to the final, SEC-reported financial results.
"China Direct is implementing on our vision and we are pleased with the outstanding progress our operating subsidiaries have made in terms of sales. For the second half of the year we look forward to seeing our new subsidiaries add to our revenue growth such as Overseas Building Supply with roof tiles and new Complete Power Solutions subsidiaries," said Howard Ullman, CEO/President of China Direct.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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Fellows Energy Doubles Production at Carbon County from Workover Operations to Date; Additional Workovers and New Drilling Planned
Monday , July 10, 2006 05:52 ET
FLWE ( .295 )
BROOMFIELD, Colo., Jul 10, 2006 (BUSINESS WIRE) -- Fellows Energy Ltd. (OTCBB: FLWE; "Fellows") an early stage oil and gas company focused on exploration and production of natural gas and oil in the Rocky Mountain Region, announced today that it has doubled production as a result of its recently-completed preliminary workover operations on its Carbon County project, along with its joint venture partner, MBA Resource Corp. Fellows performed preliminary work in early May on the GCS 1A-18-14-8 well. Recently completed work on the GCS 1-19-14-8 included repairing parted rods, exposing previously perforated formations, and repositioning the pump. Production in the GCS 1-19-14-8 well has increased from around 65 mcf per day to over 525 mcf per day. The field now produces a total of approximately 40 million cubic feet of natural gas per month, up from 20 million per month at the time of acquisition by Fellows in March.
Previous work on a third well performed by Fellows, consisting of preliminary replumbing and reconfiguring of the water and gas systems, has increased gas production in that well by 50% to date. In all, the project hosts eight previously-drilled wells, four of which are producing. Fellows plans to perform additional workovers on the shut-in wells prior to drilling on the undrilled acreage, which will consist of up to 20 additional wells on 160-acre spacing.
The Carbon County project comprises 5,953 gross acres (4,879 net acres) with production derived from the Ferron sandstone, the same formation from which the adjoining Drunkards Wash field operated by Conoco/Phillips derives its production. The project also includes an associated gas gathering system and a six mile pipeline and compression facility. Gas is marketed into the transmission pipeline operated by Questar Gas Resources, which crosses the project acreage.
Sproule & Associates of Denver, Colorado completed a "Reserve and Economic Evaluation" of the project in October 2005. Sproule reported that production from the four currently producing wells can be significantly enhanced through operating improvements and that the four shut in wells also have potential to be brought into profitable production similar to the adjacent Drunkards Wash field. Sproule also concluded that the acreage contains potential for up to an additional 20 wells on 160-acre spacing, with total proven, probable and possible reserves of 20 billion cubic feet ("Bcf") and a net present value of $65 million. In addition to the acreage for which the $65 million valuation was returned, Fellows also owns rights to adjacent acreage, covering in excess of an additional 5,000 acres, which it believes will also has similar potential.
"We are proving our theories about the potential of the wells and the effectiveness of our inexpensive workover operations," said George Young, President of Fellows Energy. "We believe we are well on our way to increasing cash flows from production and proving up the $65 million value determined in the Sproule report. We have doubled production in the short span of four months since acquisition, and have learned valuable information to prepare us to drill new wells this fall on the open acreage of the project."
About Fellows Energy Ltd.
Fellows an early stage oil and gas company led by an experienced management team focused on exploration and production of natural gas and oil in the Rocky Mountain Region using traditional and new technologies. Current strategy is to pursue both short- and long-term opportunities to leverage the 230,000 acres of current assets that management believes are characterized by reasonable entry costs, favorable economic terms, high reserve potential relative to capital expenditures and the availability of existing technical information. For additional information please go to www.fellowsenergy.com.
Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as probable, possible and potential, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-KSB, File No. 0-33321, available from us at 370 Interlocken Boulevard, Suite 400 Broomfield, Colorado 80021. You can also obtain this form from the SEC by calling 1-800-SEC-0330.
Examples of such disclosures would be statements regarding "probable," "possible," or "recoverable" reserves among others.
Management hopes these transactions will bring additional value to the shareholders of Fellows Energy. There is no guarantee that the projects that Fellows has recently acquired will increase the value of its shares of common stock, or that Fellows will acquire rights to explore and operate any other such projects, or that in the event that it acquires rights to explore and operate other such projects, that these actions will be successful or increase the value of Fellows' common stock.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause our expectations and beliefs about our plans to acquire additional exploration or production properties, our plans to drill or our drilling results to fail to materialize: competition for new acquisitions; availability of capital; unfavorable geologic conditions; the complexity of coal bed methane exploration and production; and prevailing prices for natural gas and general regional economic conditions. Fellows assumes no obligation to update the information contained in this press release.
SOURCE: Fellows Energy Ltd.
Fellows Energy Ltd. George S. Young / Shane Reeves, 303-926-4415 or Investor & Public Relations: Harvey Goralnick / Alison Hart, 212-752-9445 hg*focuspartners.com
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Related Quotes Sym. Price Chg. EQBM Trade News 0.0069 0 Equitable Mining Corp. Finalizing China Project
Jul 10, 2006 05:00:37 (ET)
TORONTO, July 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- Equitable Mining Corp. (Trading as EQBM.PK & E5W.F) executives are meeting with the owners of the Dalian Mine Tailings project the week of July 10.
The due diligence has been completed and the property has received Chinese Government environmental approvals. The property is currently owned by D.A.K., a privately owned Chinese resource corporation held by H.M.H. of Hong Kong. Once the agreements are finalized and executed, Equitable Mining Corp. will own 35% of all operations and mineral rights. Significant deposits of gold, platinum, palladium, rhodium and copper have been identified in the mine and mine tailings. Monthly revenues of $1.6 million and annual revenues of $19.2 million are projected within eight months of closing.
The Dalian acquisition covers the mineral rights to 220,000 square meters of land leased from the government for 25 years with 15 years remaining, with right of renewal. The property includes 5.2 million tons of mine tailings plus infrastructure in place including roads, electricity, water, fencing, storm sewer, transportation and one operating production line. To date $7 million has been invested in the project by H.M.H. and D.A.K. Once the acquisition is complete Equitable Mining Corp. plans to increase production to three lines, within the first eight months. The company will utilize D.A.K.'s environmentally friendly leaching process to extract the mineral deposits.
In additional news Equitable Mining Corp. is continuing to develop relationships with market makers in Europe to help create investor awareness on the Frankfurt Exchange.
The Bonanza Property in the Red Lake District of Ontario, Canada is continuing to proceed. The agreement is with the legal department for final approvals. The mining and exploration report is progressing and will be released as soon as possible.
Safe Harbor
Certain statements above constitute forward-looking statements. Such forward- looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the companies to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.
SOURCE Equitable Mining Corp.
Equitable Mining Corporation, Jim Adams, Director, Tel (416) 410-3995, Fax (416) 784-1529, info*equitablelifeinvestments.com;
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CHDT (.103) Projected First Six Months Revenue Top 11,000,000 Contracted Sales Up 2300% Over 2005 Same Period Sales Jul 10, 2006 7:20:00 AM
COOPER CITY, FL -- (MARKET WIRE) -- 07/10/06 -- China Direct Trading Corp. (OTCBB: CHDT) today announced preliminary top line revenue for the first six months of 2006 ended June 30, 2006 of $11 million, an increase of over 2300 percent as compared to revenue of $465,000 reported for the first six months of 2005.
First six months 2006 results include $10,750,000 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's SEC reported financial results. Actual financial results for this period may vary based on auditor and other adjustments to the final, SEC-reported financial results.
"China Direct is implementing on our vision and we are pleased with the outstanding progress our operating subsidiaries have made in terms of sales. For the second half of the year we look forward to seeing our new subsidiaries add to our revenue growth such as Overseas Building Supply with roof tiles and new Complete Power Solutions subsidiaries," said Howard Ullman, CEO/President of China Direct.
About China Direct: China Direct (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 (www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) (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.
Cargo Connection Logistics - International Commences Operations in Vietnam 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., in conjunction with American River Logistics and M&S VTEC, have collaborated to put its first shipments on the water from Vietnam.
M&S Shipping PLC was established approximately 50 years ago in the United Kingdom. In 1995 the company was renamed M&S Shipping Group. Up until now their primary focus has been shipments to Western and Eastern Europe. M&S VTEC Shipping LTD is a joint venture between M&S Shipping Company and the Vietnamese Government-owned garment factories.
Cargo Connection Logistics - International will begin service immediately from the following ports in Vietnam: Da Nang, Haiphong, and Ho Chi Minh City to the primary ports on the East and West Coast of the United States. We have also arranged for service from the Port of Long Beach, CA for shipments going to Vietnam.
"We believe this will be the beginning of many shippers and agents from the region surrounding Vietnam to begin using the Cargo Connection Logistics network as their American Receiving Station and United States Customs Broker in the United States," said David Quach, President of Cargo Connection Logistics - International. "Each of these joint ventures has been a building block leading up to this moment. This marks the 'actual' beginning of this type of operation and we believe that this is the beginning of what will be significant increases in business over the next 60 to 90 days."
Quach said the Vietnamese market is the first Asian market that has begun shipping into the United States using the Cargo Connection Logistics Network as its infrastructure within the United States.
"As I have stated before, the Vietnamese Government is investing heavily into its infrastructure to promote growth within the country and to do that, they require a sophisticated supply chain in which Cargo Connection Logistics will be a crucial link," said Quach. "We are expecting to receive shipments that are Less Than Container Loads (LCL) as well as Full Container Loads (FCL). Cargo Connection Logistics expects to be a participant in all aspects of merchandise being exported from Vietnam into the United States as well as exporting freight from the United States into Vietnam, the 15th largest country in the world."
"As promised this is the first of what we know will be the first full container loads of freight we will move and we expect there will be several more over the next few weeks," said Jesse Dobrinsky, CEO of Cargo Connection Logistics Holding, Inc. "We have been quoting for different levels of service for the customers in this country. What services the Shipper may choose to utilize will depend upon their Customers' needs in relationship to the services we currently offer. We expect our extensive experience in the fashion business, coupled with the comprehensive systems we have in place to support this type of enterprise, will make this a very successful venture for both Cargo Connection Logistics and our affiliates in Vietnam."
The Company said it expects to formalize several other agreements with other shippers from Vietnam over the next few weeks.
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.
TelePlus Group Launches New Cell Phone Distribution Method Using Unique Automated Vending Concepts Partnering With Leading Vending Manufacturer, U-Select-It (USI), and Vending Industry Software Pioneer, VendNovation, TelePlus Takes Hold of the International Travel Market Through Key Entry Into Airports, Malls, Hotels and More TelePlus Group (www.teleplusgroup.com), a pioneer in the field of international telecommunications, today announced that it has signed with leading vending machine manufacturer, U-Select-It (USI) and cutting-edge vending software developer, VendNovation, to develop new telecommunication product/service distribution platforms for the growing travel market. The new relationships allow TelePlus to tap into the international travel industry by establishing vending machines and kiosks that contain its proprietary product/service, in key destination points like airports, malls and hotels. TelePlus Group is a subsidiary of Texxon Inc. (OTCBB: TXXN).
"Both VendNovation and USI are established names in the vending industry with reliable and innovative product designs," says Jim Gibson, VP of Business Develepment of TelePlus Group. "The goal of our partnership is to enhance the international traveler experience by providing an efficient and simple way to immediately access the TelePlus proprietary "in-language" interpreter/concierge cell phone service. By placing our phones and service offerings in vending machines around the globe, we are able to directly connect with the tourists while minimizing resource management of our global distribution partners."
USI has manufactured over 2.1 million pieces of vending equipment, featuring the highest levels of technology available in the industry today and will supply the backbone and foundation of the vending machine itself. VendNovation specializes in innovative software and hardware technology for the vending industry and will provide the payment panels and internet connected vending necessary to complete the package. The vending machine, networked through wireless and Ethernet connections directly connected to the TelePlus platform in France, now give users a simple way to access TelePlus mobile phone devices and services at the swipe of a credit card. Customers not only have the ability to purchase and activate an initial phone and service, but can also recharge their phone minutes and credits using the touch screen.
"The partnership with TelePlus Group and USI represents the best of breed in USI and truly innovative solutions for meeting customer needs from TelePlus Group, combined with state of the art technology from VendNovation," says Bruce Gilmore, Director of Product Development for VendNovation. "These are truly partners that are bringing the best that is offered to the table."
"USI is looking forward to our long term partnership with TelePlus Group and VendNovation," says Chris Crawford, Executive Vice President of U-Select-It Corporation. "We are sure that this combination of the right equipment solution and the best technology available will prove successful in the expansion of customer business, product accessibility, and recreation."
TelePlus focuses on the development of low-cost international communication solutions. Vocalyz(TM) is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language, services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatch in their native language. The key to the service is "content in-language," delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
About TelePlus Group
TelePlus Inc., a subsidiary of Texxon, Inc. (OTCBB: TXXN), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which delivers the highest level of customer service at user friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia. For more information please visit www.teleplusgroup.com.
About U-Select-It
U-Select-It (USI) is a member of The Wittern Group of Companies based in Des Moines Iowa. USI is a leader in the manufacturing of vending equipment, has been serving the industry of automatic merchandising since 1931 and has been catering to the lifestyles of busy people for over 75 years. More individuals, world wide, own vending machines manufactured and financed by The Wittern Group Companies than any other vending equipment manufacturer in the world. USI's goal is to provide customers with quality products featuring the highest levels of technology available in the industry. The company has a commitment to excellence in vending and prides itself on its immense customer service. USI offers financing, parts & service, business development and vending management services all geared toward the growth of your business. For more information please visit www.uselectit.com or www.wittern.com.
About VendNovation
VendNovation is a division of Rose Studios, Inc., located in Bellevue, Washington and specializes in innovative software and hardware technology for the vending industry. The company is the premier provider of automated vend tracking and reporting technology. By using today's communication and internet standards combined with knowledge of the vending industry, the VendNovation system will increase efficiencies and cash flows while cutting the overall cost of operations. VendNovation's technology enables enhanced capabilities beyond the traditional features and functions of existing vending machines and kiosks. Partnering with major Vending manufacturers and operators, VendNovation is the leader in internet connected vending, interfacing and monitoring. For more information please visit www.vendnovation.com.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
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DPBM (.082) Deep Blue Marine Inc./Cross Marine Get Go Ahead for Derelict Vessel Recovery Jul 10, 2006 7:30:00 AM Copyright Business Wire 2006
KEY WEST, Fla.--(BUSINESS WIRE)--July 10, 2006--
Deep Blue Marine Inc. (Pink Sheets: DPBM), and its contract associate, Cross Marine have received the go ahead to recover the sunken vessel known as "The Great White Shark."
The wreckage is located in the Florida Keys and in the marine sanctuary in an area wildlife officials have designated a turtle nesting ground.
Upon submission of the recovery plan to the state, permission has been granted for the companies to perform the recovery and work is slated to begin on July 11th, weather permitting.
There will be footage of the recovery on the **** and that should be posted by Friday July 14th.
Those persons interested in viewing the **** and participating are asked to go to the company web site and join the ****. Randy Champion will be administering the **** for the company.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Deep Blue Marine Inc.
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Deep Blue Marine Inc. Wilf Blum 801-201-4691 (personal phone)
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FMNJ (.023) Signs Contract With COMIBOL for Partnership in the Cerro Rico Mines Jul 10, 2006 8:30:00 AM
LAS VEGAS, NV -- (MARKET WIRE) -- 07/10/06 -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) CEO Jaime Melgarejo announced today the partnership between COMIBOL and Franklin Mining is official. This is the first time COMIBOL has partnered with a corporation outside of Bolivia since the 1950s. COMIBOL is Bolivia's national mining company. Franklin Mining, Bolivia (a Bolivian corporation) is a subsidiary of Franklin Mining, Inc.
"We signed the Letter of Intent back in November. One of the last hurdles was the Board of Directors approval, which we cleared a couple of weeks ago. Our team has worked diligently to finalize negotiations with COMIBOL and to sign the contract. This is the biggest event for our company to date. The fact that we were able to do a partnership with COMIBOL is significant. The fact that we were able to do this partnership with COMIBOL on the CERRO RICO MINE is phenomenal," stated Jaime Melgarejo.
This partnership encompassed four veins in the Cerro Rico de Potosi Mine (San Miguel, San Pedro, Mesa Pata and Alco Barreno). The Cerro Rico (located southeast of the city of Potosi, Bolivia), under COMIBOL's ownership, is considered the world's largest silver deposit and one of the most popular tourist attractions in Bolivia.
In April 2006, FMNJ.PK announced COMIBOL's assignment of the four veins in the Cerro Rico de Potosi Mine and requested analysis of each vein's potential value from COMIBOL. An analysis of the San Miguel vein, the first of four reports to be received, was released on May 18 describing a mineral vein 1,600 meters in length and believed to contain 154,000 kilos of silver, 9,881 tons of tin and 28,758 tons of zinc. The San Miguel vein is in the northwest quadrant of Cerro Rico de Potosi, approximately 1,600 meters in length with a width that reaches 2 meters. The remaining analysis are under review at this time. An important note: concentrating plants have also been authorized by COMIBOL.
Franklin Mining, Bolivia S.A.'s joint venture with Bolivia's COMIBOL expects to initiate operations following a full review of its assigned four mineral veins. Behre Dolbear, mining consultants to Franklin Mining, Bolivia S.A, will review all four reports.
Additional information on silver, its uses and demand, is available from two non-profit groups -- The Silver Institute in Washington, DC (www.silverinstitute.org) and the Silver Users Association in Fairfax, VA (www.silverusersassociation.org). The World Silver Survey is published annually by GFMS Limited, London, and is available from The Silver Institute.
Franklin Mining, Bolivia S.A. (a Bolivian corporation) is a subsidiary company of Franklin Mining, Inc. COMIBOL is Bolivia's state-owned mining company.
For additional information on Franklin Mining, Inc, please visit our web site, www.franklinmining.com. To receive Franklin Mining news by e-mail, please send contact information to info*franklinmining.com.
DISCLOSURES:
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining Inc.
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PLKC (.0031) Announces Fifth Sales Contract from R&R Sales Group Jul 10, 2006 9:00:00 AM 2006 PrimeZone Media Network
CUMMING, Ga., July 10, 2006 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today that we have received an order for 27 units, secured by R&R Sales Group under their recently signed agent agreement with PlanetTraks.
The newest order which is for 27 units with a lumber distributor brings the total sales for R&R to 104 units since the inception of our agreement on May 9, 2006.
PlanetLink's Chief Financial Officer, Mary Hitt stated, "Since the inception of our agreement with R&R we have exceeded our projected revenues for May and June. Based on the success of R&R, we intend to continue adding new sales teams over the rest of the year to bring us closer to profitability by the end of fiscal year 2006."
M. Dewey Bain, President of PlanetLink, stated, "We are pleased to see that our strategy of acquiring sales teams versus in-house sales teams has been successful. We are beginning to realize the growth from our plans that were implemented last year. July is set to be a blockbuster month with the internal growth, R&R's sales and the licensing fees that will be generated through Karta's sales efforts."
About PlanetLink Communications, Inc.
PlanetLink Communications, Inc. recently launched its TransTRAK(tm) product through its wholly owned subsidiary, PlanetTRAKS. The Company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK(tm) is the first of these products and is the Company's turnkey solution for real-time, mobile asset management. From tracking vehicle speed and location in real-time to controlling vehicle functions through remote access, TransTRAK(tm) allows the customer to actively monitor and manage virtually any type of mobile asset. For more information on PlanetLink, please visit the company's Website at: www.planettraks.com
Information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis" or "Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission. The Company will provide you with copies of this information upon request.
CONTACT: PlanetLink Communications, Inc. Dewey Bain, President (210) 442-2404 www.planettraks.com
-------------------- The difference between genius and stupidity is that genius has its limits
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ITUI (.045) Awarded Contract for Products and Services with Global Voice Technologies; Agreement to Provide Products and Services to Over 8,000 Agents in More Than 60 Countries Jul 10, 2006 8:00:00 AM Copyright Business Wire 2006
ATLANTA--(BUSINESS WIRE)--July 10, 2006--
i2Telecom International, Inc. ("i2Telecom(R)") (OTCBB: ITUI), a pioneer in ultra-portable high quality Voice-over Internet Protocol ("VoIP") products and services, announced today that it has entered into an agreement with Global Voice Technologies, ("GVT") under which i2Telecom has been appointed as the exclusive provider of VoIP services through GVT's global marketing network. GVT expects to have more than 8,000 agents in place prior to the end of the third quarter of 2006.
Under the terms of the agreement, i2Telecom will provide its current product and services on a white-label basis to Global Voice Technologies under the name "VoicePal(TM)". GVT plans to distribute VoicePal products and services through its global network of agents, commencing by the end of September, 2006.
The Chairman and founder of GVT is Don Rackemann, the former Chairman, Chief Executive Officer and co-founder of National Telephone Communications, a direct marketing organization that grew to over 400,000 agents and $160 million in annual long distance revenues within four years. Mr. Rackemann recently formed GVT to capitalize on his experience and expertise in direct sales.
GVT anticipates that it will have over 8,000 agents in place by the expected launch date for the VoicePal program. Through its agent base and shopping center kiosks program, GVT anticipates that over 750,000 subscribers will be generating annualized sales revenues of more than $75 million within the next twelve months. Through experience, the exponential growth of a direct sales organization is projected to recruit over 2 million VoIP customers by the end of the second year. i2Telecom anticipates it will receive a substantial portion of these revenues through global calling termination and product sales.
"After two years of researching global internet providers, we concluded that i2Telecom has, by far, the most impressive combination of services and backbone in the VoIP industry for the direct sales community," stated Mr. Rackemann. "This should allow us to achieve our goals for global expansion and revenue growth. i2Telecom has a scalable platform and the ability to devote the corporate resources that this hyper-growth opportunity demands."
"We are excited about the opportunity to work with GVT to deliver our offering to the global marketplace," stated Paul Arena, Chief Executive Officer of i2Telecom International, Inc. "Don views the current state of the VoIP industry as similar to the long distance industry when he founded National Telephone Communications, and he envisions a similar opportunity for aggressive growth. Having a well-funded customer such as GVT to manage a multi-national retail sales roll-out is very exciting for i2Telecom. GVT has fully funded the initial phase in the contract, which requires i2Telecom to complete the establishment of the white-labeled VoicePal service platform. We look forward to the strong revenue that is expected to flow from the productivity of GVT's direct sales organization."
About Global Voice Technologies
Global Voice Technologies, Inc. is a multi-national direct marketing Internet communications company committed to the development of cost-effective telecommunications utilizing Voice Over Internet Protocol ("VoIP") technologies. Using a global network of sales agents, Global Voice intends to offer consumers cost-competitive state-of-the-art communications products. For additional information visit www.globalvoicetechnologies.com or call Don Rackemann at 949-261-2060.
About i2Telecom International
i2Telecom International, Inc. (OTCBB: ITUI) is a pioneer in ultra-portable high quality Voice-over Internet Protocol ("VoIP") products and services employing best-of-breed VoIP technology. The Company has operations in Atlanta, Georgia and Redwood City, California, controls its own proprietary and patent-pending technology, and uses a combination of its own network and the Internet to deliver high-quality phone calls, streaming video and text chat. i2Telecom International provides VoiceStick(TM), InternetTalker(R), Digital Communications Portal communications and microgateway adapters for VoIP long-distance streaming video, text chat and other enhanced communication services to subscribers. Its proprietary technology platform is compliant with the Session Initiation Protocol ("SIP") telecommunications industry standard. i2Telecom International's revenue model includes recurring monthly subscriptions and prepaid services, as well as revenue from the sale of its integrated access devices, call minute termination fees and royalties from original equipment manufacturers. For additional information visit www.i2telecom.com or www.voicestick.com or call 877-731-6800.
SAFE HARBOR Statement Under the Private Securities Litigation Reform Act. With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. i2Telecom(R) does not assume, and expressly disclaims, any obligation to update these forward-looking statements.
Source: i2Telecom International, Inc.
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Investor Relations: CEOcast Andrew Hellman 212-732-4300 adhellman*ceocast.com or Public Relations: CW&R Partners Kelly Cinelli 508-222-4802 kelly*cwrpartners.com or Veronica Welch 508-222-4802 ronnie*cwrpartners.com
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Business Editors / Energy Editors / Automotive Writers
TAMPA, Fla.--(BUSINESS WIRE)--July 10, 2006-- US Energy Initiatives Corporation (OTCBB:USEI) ("US Energy" or the "Company"), manufacturer of patent diesel to natural gas conversion systems, today announced the Company expects to report in excess of 900% growth in revenues for the quarter ended June 30, 2006 compared to the same period in 2005. The Company also estimates it will report over 900% growth in revenues for the six month period ended June 30, 2006 compared to the same period ended June 30, 2005. "As we strive to evolve our developmental enterprise into an operating competitor, we are pleased with the trends our revenues have shown during this year," said USEI CEO Mark Clancy. "We anticipate two other meaningful trends including a significant improvement in our cost of goods and the bulk of our revenues are derived from our technology mix and not the result of our recent acquisition. We do expect to report a loss in earnings for the three and six months periods. We are now in the final segment of rebuilding US Energy and we expect to see continued financial improvement each quarter," concluded Mr. Clancy. About US Energy Initiatives Corporation (OTCBB:USEI), formed in 1996, delivers its patent dual-fuel diesel to natural gas conversion technology and resells a portfolio of gasoline to natural gas and propane conversion systems through both Company-owned and franchised service centers in twelve states and directly to domestic and international original equipment manufacturers. The Company's primary facility is a state-of-the-art systems development and emission testing lab in Atlanta, Georgia. The Company's current clients include General Motors (NYSE:GM), http://www.gm.com; United Parcel Service (NYSE:UPS), http://www.ups.com; US Postal Service; Dallas County School System; Portland, Oregon School System; Oklahoma Natural Gas and a host of private purchasers.
Investors are cautioned that certain statements contained in this document are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects" and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future US Energy Initiatives actions, which may be provided by management, are also forward-looking statements as defined by the act. These statements are not guarantees of future performance.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING AUTOMOTIVE MANUFACTURING NATURAL RESOURCES ENVIRONMENT AUTOMOTIVE SOURCE: US Energy Initiatives Corporation
CONTACT INFORMATION: US Energy Initiatives Corporation, Tampa Mark Clancy, 813-287-5787 ext. 222
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MOBL .161 MobilePro Restructures $15M Convertible Note PR Newswire - July 10, 2006 9:03 AM (EDT)
Payments Deferred; Note Now Payable in Cash or Stock
BETHESDA, Md., July 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- MobilePro Corp. (OTC Bulletin Board: MOBL), a leading broadband wireless services company, announced today that it has restructured its $15 million convertible note with Cornell Capital.
Under the new terms, MobilePro has the ability to redeem the note and pay principal and interest with either cash or stock at the company's option. The previously deferred May and August payments now start in September, and the conversion price has been changed from $0.30 to $0.275. Full details are available in a Form 8-K, which the company filed Friday, July 7, with the SEC.
Jay Wright, chairman and CEO of MobilePro, said, "We have gained significant flexibility with the restructuring of our convertible promissory note with Cornell. We can redeem the note or pay it down with either cash or stock, at our option. The note is now scheduled to be fully paid off by the end of 2007, which will leave us with no debt other than our recently announced $2 million lease arrangement. This will make our balance sheet even stronger and, I believe, allow us to further execute our business plan and build shareholder value."
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 .
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.
Alan Crancer, VP of Marketing of MobilePro, +1-601-898-1142, or investor relations, Frank Hawkins or Julie Marshall both of Hawk Associates, for MobilePro, +1-305-451-1888, info*hawkassociates.com
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ISHM .235 InfoSearch's ContentLogic Grabs Top Spot for Both Content Creation and Copywriting Market Wire - July 10, 2006 9:08 AM (EDT)
MARINA DEL REY, CA -- (MARKET WIRE) -- Jul 10, 2006 -- Leading online content provider InfoSearch Media, Inc. (OTCBB: ISHM) today announced that its Content Logic business division was named Top Content Creation and Search Engine Copywriting Firm by TopSEOs.com. InfoSearch Media earned the best-in-class honor for its ContentLogic 2.0 product, which provides original, customized web copy aimed at increasing search engine rankings and heightened sales performance for its customers.
Combining a network of professional writers and editors with technology-driven search solutions, ContentLogic creates highly specialized, branded copy for small to mid-sized businesses, including a roster of companies which are household names. ContentLogic's state-of-the-art keyphrase analysis and streamlined implementation system produce optimized web content which increases organic website traffic, improves sales conversions and bolsters customer loyalty for its clients.
"Our greatest sense of accomplishment comes while watching ContentLogic act as a catalyst for client success in the online market," said David Averill, ContentLogic General Manager. "We're excited to witness further evidence by an outside party reinforcing our leadership position in internet content creation."
Chosen first among online copywriting firms, consultants and services, ContentLogic surpassed the competition despite a rigorous selection process. Closely watched by internet insiders since 2002 when it was first published by eVentures, TopSEOs.com's list ranked ContentLogic first among internet content firms across stringent criteria, including uniqueness, innovation, writing quality, layout, audience targeting, credibility, efficiency and performance. TopSEOs.com emphasized ContentLogic's win for creative copywriting, citing content as "the fundamental feature of having good ranking with the chief search engines," adding that vibrant writing "boosts the possibility that visitors to a site will stay and read in detail."
"We are always pleased -- and grateful -- to be preferred as the best in our business by industry professionals, but our foremost challenge is to continue to build a product which provides a competitive advantage for our clients and to fortify our relationships with our customers," said George Lichter, InfoSearch Media CEO. "Ultimately, it's our clients who are number one."
Launched in 2003, ContentLogic boasts nearly 2,000 customers in the small to medium-sized business sectors. Real-time analytics were incorporated into the release of ContentLogic 2.0 in April, providing customers with comprehensive statistical tools enabling clients to track website visitors for precise audience targeting. InfoSearch Media also provides link-building and click fraud prevention tools to increase marketing campaign effectiveness in the four major engines -- Yahoo!, Google, MSN and Ask.com.
About InfoSearch Media
InfoSearch Media (http://www.InfoSearchmedia.com ) is a leading provider of content-based cost-effective search engine marketing services through its ContentLogic product group and operates numerous content-based websites, including Answerbag.com, under its Web Properties product group. For ContentLogic, InfoSearch Media maintains a network of over 200 professional writers that help businesses succeed on the Web by implementing content-based solutions that simultaneously increase online search engine rankings and Web site sales performance. Answerbag.com, a user-generated question and answer website, has grown to approximately 1,000,000 unique users per month up from 500,000 at the beginning of the year.
Safe Harbor Statement
This release contains "forward-looking statements" that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to the challenges of attracting new customers and maintaining existing customers and developing, deploying and delivering InfoSearch services; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to fund operations or repay new or outstanding indebtedness; the loss or decline in business from our key customers and other risks described from time to time in InfoSearch's filings with the Securities and Exchange Commission. In particular, see InfoSearch's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from InfoSearch. InfoSearch does not assume any obligation to update the forward-looking information contained in this press release.
Investor Contact: Alex Wellins The Blueshirt Group, for InfoSearch Media, Inc. 415/217-5861 Email Contact
Media Contact: Aimee Yoon Dotted Line Communications for InfoSearch Media, Inc. (617) 332-1658 Email Contact
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HPLF (.63) Enters into Exclusive License Agreement for Development of New Flu Vaccines Jul 10, 2006 9:15:00 AM Copyright Business Wire 2006
BOSTON--(BUSINESS WIRE)--July 10, 2006--
HepaLife Technologies, Inc. (OTCBB:HPLF):
-- Worldwide License Agreement Supported by 5 Issued Patents for the Development of New Flu Vaccines to Protect against the Spread of Influenza Viruses among Humans, Including Potentially the High Pathogenicity H5N1 Virus
As part of its effort to expand its cell-based research and development activities, HepaLife Technologies, Inc. (OTCBB:HPLF) (FWB:HL1) (WKN:500625), through a wholly owned subsidiary, today announced that it has entered into an exclusive worldwide license agreement with Michigan State University (MSU) for the development of new cell-culture-based flu vaccines to protect against the spread of influenza viruses among humans, including potentially the high pathogenicity H5N1 virus.
The license agreement gives HepaLife exclusive rights to five issued patents, including US patent 5,989,805 ("Immortal Avian Cell Line To Grow Avian and Animal Viruses To Produce Vaccines"), US patent 5,827,738, US patent 5,833,980, US patent 5,866,117 and US patent 5,874,303. Under the terms of the agreement, HepaLife agreed to pay MSU undisclosed milestone payments and royalty payments based on future sales.
"As evidenced by the recent deaths in Indonesia, which appeared to be the first example of the highly virulent avian flu transferring from one human to another, the threat of the avian flu mutating into a strain that could cause a pandemic is very real," states Mr. Harmel S. Rayat, President and CEO of HepaLife Technologies. "Since last summer, the lethal avian influenza virus has migrated out of southeast Asia into Europe, the Middle East and Africa. Because of trade, smuggling and migratory birds, all potential conduits for the H5N1 virus, many experts feel it's just a matter of time before it arrives in North and South America."
These recent events have highlighted problems with traditional influenza vaccine production methods, particularly the length of time to produce a new vaccine and the amount of vaccine that can be produced on short notice.
A successful cell-culture-based avian flu vaccine has the potential to reduce production time compared to traditional vaccine production methods and should allow rapid expansion of vaccine production in the face of a pandemic. Traditional production methods use embryonated hens' eggs, which requires extensive planning for the millions of eggs necessary in the case of exponentially increasing demand. Additionally, risks associated with impurities in eggs (antibiotics and other viruses), which may cause sterility problems, and allergies against egg albumin, could be avoided.
Current vaccine production, which is based on decades-old technology, involves injecting a small amount of a targeted virus into fertilized chicken eggs, where the virus multiplies. After the virus is harvested from the eggs, chemicals inactivate and purify the virus, which is then blended into a vaccine and bottled in vials. This production method takes at least six months.
In the event of a flu pandemic, it is unlikely that current egg-based vaccines will be produced fast enough to meet expected demand due to the lengthy production time. Additionally, vaccines go stale quickly, and small changes in a virus's makeup can render them useless. Transferring production to a cell-culture-based system will avoid many of these problems and reduce lot to lot variation in vaccine efficacy and potency.
About Avian Flu
The H5N1 strain of avian flu can be transmitted from birds to humans. From 2003 to June 6, 2006, the World Health Organization has confirmed 225 human cases, including 128 deaths. There is currently no vaccine available to protect humans from H5N1.
The Centers for Disease Control states, "There is little pre-existing natural immunity to H5N1 infection in the human population. If these H5N1 viruses gain the ability for efficient and sustained transmission among humans, an influenza pandemic could result, with potentially high rates of illness and death." In May, the White House issued a report saying that a disease outbreak could lead to the deaths of 200,000 to 2 million in the US alone.
About HepaLife Technologies, Inc.
HepaLife Technologies, Inc. (OTCBB:HPLF) (FWB:HL1) (WKN:500625) is a development-stage biotechnology company focused on the identification, development and eventual commercialization of cell-based technologies and products.
Current cell-based technologies under development by HepaLife include 1) the first-of-its-kind artificial liver device, 2) proprietary in-vitro toxicology and pre-clinical drug testing platforms, and 3) cell-culture-based vaccines to protect against the spread of influenza viruses among humans, including potentially the high pathogenicity H5N1 virus.
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. We currently have no commercial products intended to diagnose, treat, prevent or cure any disease. The statements contained in this press release regarding our on going research and development and the results attained by us to-date have not been evaluated by the Food and Drug Administration. There can be no assurance that further research and development, and/or whether clinical trial results, if any, will validate and support the results of our preliminary research and studies. Further, there can be no assurance that the necessary regulatory approvals will be obtained or that HepaLife will be able to develop commercially viable products on the basis of its technologies. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-Q and Form 10-K filings with the Securities and Exchange Commission. These reports and filings may be inspected and copied at the Public Reference Room maintained by the U.S. Securities & Exchange Commission at 100 F Street, N.E., Washington, D.C. 20549. You can obtain information about operation of the Public Reference Room by calling the U.S. Securities & Exchange Commission at 800-SEC-0330. The U.S. Securities & Exchange Commission also maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the U.S. Securities & Exchange Commission at http://www.sec.gov. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Source: HepaLife Technologies, Inc.
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HepaLife Technologies Inc. Ms. Laura Rivers-Bowerman 800-518-4879
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DLGI .15 DataLogic International Completes Panther Trak(TM) Sales and Technology License Agreement
IRVINE, Calif., July 10 /PRNewswire-FirstCall/ -- DataLogic International, Inc. (OTC Bulletin Board: DLGI; Berlin, Frankfurt Stock Exchange: 779612), a provider of consulting services and advanced communications solutions, today announced it has sold 700 Panther Trak(TM) mobile tracking units, related inventory and certain other assets related to its BounceGPS(TM) small fleet/sub-prime lending market operations. DataLogic have also entered into an agreement to license, on a non-exclusive basis, certain of its asset management solution technologies to the purchaser. LOGOS: http://www.dlgi.com/media.html In the transaction, DataLogic received $450,000 in cash and $250,000 in a promissory note. The purchaser assumed certain liabilities related to the BounceGPS operations. DataLogic will also receive a royalty stream from the licensed technology. "This transaction will permit us to focus our efforts on developing and marketing asset management solutions for our core OEM, government, public safety, and other niche markets," stated Keith Moore, CEO, DataLogic International, Inc. "At the same, we were able to monetize our technology platform in other markets and have the opportunity to develop a recurring royalty revenue stream. This is yet another key strategic move to further streamline our operations as well as realign our company to create greater shareholder value." For more information about DataLogic International, Inc. please visit http://www.dlgi.com This news release includes 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, as amended, regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as: believe, expect, anticipate, should, planned, will, may, intend, estimated, and potential, among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to DataLogic International or a person acting on its behalf are expressly qualified in their entirety by this cautionary language. ISIN: US23804Q1022
Contact: Keith C. Moore, Chairman and CEO DataLogic International, Inc. +1-949-260-0120 keithmoore*dlgi.com
SOURCE DataLogic International, Inc.
Keith C. Moore, Chairman and CEO of DataLogic International, Inc., +1-949-260-0120, keithmoore*dlgi.com 10Jul06 13:23 GMT Symbols: de;DLGI de;DLGIF de;DLGIX us;DLGI Source PRN PR Newswire Categories: NWI/CPR NWI/OTC NWI/TLS NWS/LIC MST/I/CLT MST/I/CPM MST/I/MKT MST/I/TEL MST/L/EN MST/R/US/CA MST/S/CTR TGT/PRX
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BEVERLY HILLS, Calif.--(BUSINESS WIRE)--July 10, 2006-- Muller Media, Inc. (Pink Sheets:MLMD) announced today its board of directors has approved a 3-1 forward split of its common share capital. As of the record date of July 14, 2006, every one share of Muller Media common stock will be converted to three shares of common stock. The split will be reflected on the books of the Company's transfer agent. No action is required on the part of any shareholder to participate in the split. The NASDAQ Stock Market will effect the split in the marketplace approximately three business days after the record date. Fractional interests, if any, will be rounded up to the nearest share. Last week, Muller Media's parent company, Imperia Entertainment, Inc. (Pink Sheets:IPRE), announced a dividend of Muller Media stock to Imperia shareholders. Imperia shareholders receiving this dividend will not participate in the forward split, as the dividend stock will be issued after a registration statement is filed and declared effective by the SEC. "The company has decided to forward split the stock to improve liquidity, broaden ownership, and enhance shareholder value. The split is a clear indication that we feel strongly about our company going into the future and will facilitate our growth plan," said Kenneth Eade, president.
About Muller Media, Inc.
Muller Media (www.muller-media.com) is a film production company dedicated to the production of high quality family feature films, with ratings of PG or G. According to a study made by the Dove Foundation of films made in the years 1989 through 2003, family films are 11 times more profitable than their R-rated counterparts. The company is being positioned to take advantage of this new growing market. The company's first film project, "Whiskers," is the story of a friendly and intelligent sea lion. It is created by underwater photography pioneer, Jordan Klein ("Jaws," "Thunderball," "Splash").
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Muller Media, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES INDUSTRY KEYWORD: YOUTH ENTERTAINMENT MOTION PICTURES CONSUMER FAMILY SOURCE: Imperia Entertainment, Inc.
CONTACT INFORMATION: Imperia Entertainment, Inc. James Hergott, 310-275-0089 or Vivian Fullerlove, 214-564-3359 (Public Relations) musbviv*yahoo.com
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JMCP .0001 James Monroe Capital Corporation Creates New Lending Platform Monday July 10, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--July 10, 2006--James Monroe Capital Corporation (Pink Sheets:JMCP - News) today announced it has created a new lending platform for lending entities who wish to lend to Americans in selected foreign countries.
The new platform will make a market for the growing number of Americans buying foreign real estate. Foreign developers from multiple countries who cater to Americans have uniformly expressed a need for better financing. The new platform will allow lenders (www.bradfordfunding.com) to enter into new markets, which JMCP will supply. JMCP has responded by creating a lending platform which is very conservative to protect lenders, but which uses state of the art flexible underwriting principles with multiple levels of approval, and multiple ways that an individual can be approved.
CEO Chris McGovern said, "We will charge a fee for every loan placed. A few years ago, when I was a loan officer with Bradford, we used computer databases to screen borrowers against hundreds of underwriting guidelines to get them approved with the lender which best suited them. By studying these guidelines, we have taken the best proven features from multiple programs, and incorporated them into one program which offers instant online approvals with conditional commitment letters. Thus we are able to create a safe place where lending institutions can earn a higher yield, and homebuyers can easily and quickly have access to foreign mortgages. Bradford has the processing centers and loan officers needed to handle a substantial increase in loan pipeline overflow."
Initial use of the new system is scheduled for November, when US lending has slowed down.
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.
Contact: James Monroe Capital Corporation Chris McGovern, 847-418-3848
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StockMarketNewsAlert.com Issues Updated Trade Alert for China Direct Trading Corporation
Jul 10, 2006 12:39:28 (ET)
POMPANO BEACH, Fla., Jul 10, 2006 (PRIMEZONE via COMTEX) -- StockMarketNewsAlert.com issues trade alert for China Direct Trading Corporation (CHDT, Trade ). According to M. D'Alonzo at First Equity Group Inc., recent news flow from the company has been very positive "The company announced preliminary top line revenue for the first six months of 2006 ended June 30, 2006 of $11 million, an increase of over 2300 percent as compared to revenue of $465,000 reported for the first six months of 2005.
First six months 2006 results include $10,750,000 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's SEC reported financial results. Actual financial results for this period may vary based on auditor and other adjustments to the final, SEC-reported financial results.
"China Direct is implementing on our vision and we are pleased with the outstanding progress our operating subsidiaries have made in terms of sales. For the second half of the year we look forward to seeing our new subsidiaries add to our revenue growth such as Overseas Building Supply with roof tiles and new Complete Power Solutions subsidiaries," said Howard Ullman, CEO/President of China Direct.
About China Direct: China Direct ( 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 ( www.completepower247.com ) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) ( 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.
About StockMarketNewsAlert.com
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SKFT (.10) Partners With Two of the Largest Systems Integrators in South America Jul 10, 2006 12:19:00 PM
EDISON, NJ -- (MARKET WIRE) -- 07/10/06 -- StrikeForce Technologies (OTCBB: SKFT), announces Promon Tecnologia and Medidata, two of the largest systems integration firms in South America, are finalizing contracts with StrikeForce to provide multi-factor authentication and internet security solutions for their existing customers, which include companies such as Brasil Telecom, Citibank, Globo.com, Intelig, Telefonica, Telemar and Varig, Avaya, BASF, Citibank, EDS, General Motors, Ford, Lucent, Merrill Lynch, Morgan Stanley, Motorola, Nortel, Telemar, Toyota, and Visa.
"StrikeForce has executed on a multi-faceted approach in saturating the South American market with our products," says George Waller, EVP of StrikeForce Technologies. "Through these relationships, we are also taking an active and lucrative approach in the global mobile commerce marketplace, valued at an estimated $22 Billion in 2005."
These two significant integrators will be aggressively promoting ProtectID(TM) and Guarded(TM) throughout the geography. "These are the types of products that corporations and consumers in this market have been clamoring for," continued Waller. "This will go a long way toward bolstering consumer confidence in one of the hardest hit areas of cybercrime and fraud in the world and will bring more people on-line to do business."
About Promon Tecnologia
Promon Tecnologia is a subsidiary of Promon specialized in systems integration and solutions target at the telecommunication, IT and corporate education (e-learning) markets. The company offers a wide range of integrated solutions that include IT and knowledge management solutions, networks and communication services and convergent solutions that explore the benefits created by the maturity in those industries. With offices in Săo Paulo and Rio de Janeiro, Promon Tecnologia includes among its customers' portfolio such companies as Brasil Telecom, Citibank, Globo.com, Intelig, Telefonica, Telemar and Varig. For further information, visit: www.promontecnologia.com.br.
About Medidata
Medidata is a systems and network integrator that has been active in the IT market for 30 years. With a national presence in Brazil, Medidata has become an affiliate to Spanish Amper Group, based in Madrid, whose influence spreads internationally. ISO certified since 1997 and later NBR ISO 9001 certified in 2000, Medidata benefits from the support of partnerships with major companies such as Cisco and Sun. Medidata offers a fully automated operational structure with several data processing and management systems, in addition to a centralized Call Center committed to best customer service. Medidata's customer base includes a who's who of business and includes such organizations as: Avaya, BASF, Brasil Telecom, Citibank, EDS, General Motors, Ford, Lucent, Merrill Lynch, Morgan Stanley, Motorola, Nortel, Telemar, Toyota, and Visa, just to name a few.
About StrikeForce Technologies
StrikeForce Technologies, a leader in solutions that prevent identity theft, is a company that can protect customers, partners and employees -- in real time against identity fraud. Its total protection solution strengthens companies' defenses against the biggest points of fraud -- when accounts are opened, when they're accessed, when they're changed, and each time there's a new transaction. StrikeForce Technologies is trading on the OTC bulletin board (SKFT) and the company is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or (866) 787-4542.
StrikeForce Technologies' Media Contact George Waller (732) 661-9641 gwaller*strikeforcetech.com
Investor Relations Contact: Piedmont IR Darren Bankston (678) 455-3696 darren*piedmontir.com
Strategic Growth International Richard Cooper (212) 838-1444 rcooper*sgi-ir.com
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IVHG .024 - Innova Holdings and University of South Florida Announce Collaborative Agreement to Accelerate Development and Use of Unmanned Robotic Vehicles in Military and Commercial Applications Focus Will Be on Unmanned Vehicle Systems and Applications to Support Real-World Requirements of the Department of Defense (DoD) and Homeland Security Jul 10, 2006 11:15:00 AM
FORT MYERS, FL -- (MARKET WIRE) -- 07/10/06 -- Innova Holdings, Inc. (OTCBB: IVHG), a robotics technology firm providing software and hardware systems to the service, personal, and industrial robot markets, announced today that it has entered into an agreement with the University of South Florida (USF), (Tampa, Fla.) College of Engineering to jointly undertake research and development projects in unmanned ground and aerial robotics, RF, infrared, and wireless controls, and open-architecture PC systems.
At the College of Engineering, the Unmanned Vehicle Systems Research Group, led by Professor Kimon Valavanis, Ph.D., researches and develops new methods and technologies related to autonomous navigation, reconnaissance, surveillance, patrolling, tracking, traffic monitoring, and convoy support employing heterogeneous assets of unmanned vehicles.
"We are very pleased to team up with Innova Holdings," says Valavanis. "This alliance gives us the opportunity to implement and test our autonomous navigation systems, sensor-based controllers, stereo vision, and hardware and software interfaces on their robot platforms. Not only that, but we have the chance to evaluate our systems in diverse military and commercial applications related to border patrol, homeland security, surveillance and reconnaissance, traffic monitoring, and emergency response, to name a few applications. We have access to what they have, they have access to what we have. In my opinion, there is little that we won't be able to do together. I cannot imagine a better deal."
The collaborative agreement between Innova Holdings and USF will leverage Innova Holdings' extensive expertise in unmanned systems, evidenced by its work with NASA Goddard Space Flight Center (GSFC) for control systems for robotic mechanisms, its leadership role in implementing the recently announced Microsoft® Robotics Studio, a Windows®-based robotic application development environment, and its contributions to the U.S. Government sponsored Joint Architecture for Unmanned Ground Systems (JAUS) standards committee.
In addition, Innova Holdings contributes the resources attributable to agreements already in place with Mesa Robotics (Madison, Ala.) for unmanned vehicles and Embry-Riddle Aeronautical University (ERAU) (Daytona Beach, Fla.) known for its expertise in the fields of aeronautics, engineering, flight training, and unmanned vehicle exploration.
"This collaborative agreement with USF represents an unprecedented concentration of recognized expertise in the unmanned vehicle arena," comments Walter K. Weisel, Chairman and CEO of Innova Holdings. "It is my feeling that this ad hoc consortium will no doubt be at the forefront of development and deployment of unmanned robotic vehicles that will save lives, increase security, and drive the industry toward viable applications we can only imagine at this point."
About Innova Holdings, Inc.
Fort Myers, Fla.-based Innova Holdings, Inc. (OTCBB: IVHG), through its subsidiaries, provides hardware and software systems-based solutions to the military, service, personal and industrial robots markets. The robotics and automation technology company is chartered to continue expanding its growing suite of technologies through acquisitions and growth. Its founder, Chairman and CEO Walter K. Weisel, is recognized as a pioneer and leader in the robotics industry. The company's wholly owned subsidiaries are Robotic Workspace Technologies Inc. (RWT), Innova Robotics Inc., and CoroWare. To learn more, visit us online at www.InnovaHoldings.com.
About University of South Florida
Based in Tampa, Fla, the University of South Florida is one of the nation's top 63 public research universities as designated by the Carnegie Foundation for the Advancement of Teaching. USF received more than $287 million in research contracts and grants last year, and is ranked by the National Science Foundation as one of the nation's fastest growing universities in terms of federal research and development expenditures. The university has a $1.3 billion annual budget and serves nearly 43,250 students on campuses in Tampa, St. Petersburg, Sarasota/Manatee and Lakeland. For more information visit www.usf.edu.
Investor Relations
Investors can visit Innova Holdings' Investor Relations Hub at www.agoracom.com/IR/Innova to post questions and receive answers, or simply review questions and answers by other investors. They may also request to be added to the investor e-mail list.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Forward-looking statements such as "believe," "expect," "may," "plan," "intend," etc., contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Therefore, undue reliance should not be placed on any forward-looking statements, since they apply only as of today's date, and accordingly, reference should be made to the company's periodic filings with the SEC.
FOR MORE INFORMATION: Sandra L. Brooks INCOMM International Inc. 7825 Baymeadows Way, Suite 101-A Jacksonville, FL 32256 Tel: (904) 636-5085 Email: slbrooks*incomminternational.com URL: www.incomminternational.com
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AMHD .011- Amelot Holdings, Inc. Announces Update on Its Wood Portal Jul 10, 2006 11:21:00 AM 2006 PrimeZone Media Network CHEYENNE, Wyo., July 10, 2006 (PRIMEZONE) -- Amelot Holdings, Inc. (Pink Sheets:AMHD) is pleased to announce that its Board of Directors is currently contemplating spinning off via a dividend of its Wood Portal, The Wood Explorer, Inc., to its Shareholders as previously stated on April 3rd, 2006.
Further details of the spin off will be announced soon after an upcoming board of directors meeting scheduled for this Wednesday July 12th, 2006.
Aziz Hirji, President of Amelot Holdings stated, "This dividend is a way to show our Shareholders that we are serious about giving back to those who have helped support Amelot and its efforts. This will allow Amelot Holdings to focus on its core business of Bio-fuels."
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on acquiring under-valued, high-growth firms and properties in the natural resource industry.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
CONTACT: Amelot Holdings, Inc. Aziz Hirji + 1 (646) 552-4000 support*amelotholdings.com http://www.amelotholdings.com
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Navstar Media Holdings, Inc. Signs Definitive Agreement to Acquire Beijing Advertising Firm Navstar Media Holdings, Inc. (OTCBB: NVMH) ("Navstar" or "Company") announced today that it has signed a definitive agreement to acquire 70% of ownership interest in Beijing Lucky Star Century Advertisement Company ("Lucky Star"). Founded in 1992, Lucky Star is engaged in advertising business in the following areas: TV commercials, newspaper, magazines, and outdoor media. Its customers include Coca-Cola, Pepsi-Cola, Philips, Pizza Hut, Dunkin Donuts, China Life, and other brand names.
Steve Sun, Senior Vice President of Navstar, stated, "We are very happy to have signed the agreement with Lucky Star. This acquisition will add additional revenue and income as well as synergy to the Company as it enters a new phase of growth and development. This is another step forward in our strategy. We are very excited about our growth prospects and we will continue to grow through internal expansion and acquisitions."
About Navstar Media Holdings, Inc.
Navstar Media Holdings, Inc. (OTCBB: NVMH) (Navstar), headquartered in Beijing, is a leading provider of television content in China. The Company intends to grow through internal expansion and strategic acquisitions. In addition to content production, licensing, and distribution, Navstar is also engaged in advertising, televised cultural events, corporate communications, and exhibitions.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Source: Market Wire (July 10, 2006 - 10:43 AM EDT)
Anticus International Corporation: Significant Progress Results in Deadline Waved Anticus Corporation (Anticus) a public traded company on the OTCBB exchange (OTCBB: ATCI.OB), is pleased, to announce that in consideration of the significant progress in the negotiations with two major suppliers of lactoserum, representatives of the licensor have waived the deadline provided for in the license agreement requiring that Anticus must enter into a long term supply agreement for processable lactose or sugars in amounts sufficient to operate twenty (20) standard six thousand (6000) liter per hour bioconversion towers no later than June 15th 2006.
Representatives of the licensor further added "The negotiations with different suppliers of the new raw materials necessary to feed our bioreactors have progressed sufficiently and we expect our objectives to be met shortly."
Anticus has acquired the worldwide exclusive license to the microbiological process known as Prolactis, which through the use of a bioreactor provides, for the bioconversion of lactose and other sugar, into high proteins biomass, literally transforming waste and by products into water and yeast to be used in animal feed.
The process has been developed by Jacques Goulet, Ph.D., agr., professor at Laval University in Quebec City, Quebec, Michel Deblois, engineer, and Lucien Pomerleau, M.Sc., agr. Worldwide patents are pending.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995. The statement in this release relating to completion of the acquisition and the positive direction are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the results anticipated by these forward -looking statements may not occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties which may arise, the failure to obtain Anticus shareholders approval, the future market price of Anticus common stock and the ability to obtain the necessary financing.
SkyBridge Technology Group Inc. 'SBTG' Announces Its Subsidiary (Sierra Pacific Aviation Inc.) Has Taken Delivery of the Cirrus SR20 Technologically Advanced Aircraft
Business Wire via COMTEX
Jul 10, 2006 12:16:03 PM
LAS VEGAS, Jul 10, 2006 (BUSINESS WIRE) --
SkyBridge Technology Group Inc. (OTC: SBTG) board of directors has announced today that its wholly owned subsidiary, Sierra Pacific, took delivery of the Cirrus SR20 Technologically Advanced Aircraft (TAA) at its Montgomery Field operation. The SR20 will be used for Part 135 air charter and TAA flight training. Even as the aircraft is being prepared for its Part 135 conformity check by the FAA, the aircraft has already been booked for some training flights. Once the SR20 is approved for Part 135 operations, the TAA will fill two key niches for the charter operator; evening freight flights and single engine passenger carrying services. Since the aircraft is outfitted with redundant systems, the SR20 will be capable of Instrument Flight with passengers. Finally, this TAA also has an integral parachute system for the entire aircraft, adding a level of safety that is not available in older aircraft. Brent Neville, president of Sierra Pacific Aviation Inc., said that "This is the first in a fleet of TAA aircraft based upon the Cirrus Design SR20 & SR22 aircraft. The preliminary numbers look excellent, and we already exceeded our projected numbers for June, so if this trend keeps up we anticipate adding an SR22 later this fall."
Sierra Pacific has begun the process to establish Sierra Pacific as a Cirrus Standardized Training Center, the first of its kind in San Diego County. Utilizing scenario-based training techniques, Sierra Pacific will team with industry leader Cirrus Design in providing the most up-to-date and comprehensive flight training under the FAA/Industry Training Standards (FITS) accepted Cirrus program. The SR20 TAA is an integral part of this training program.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
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EGVI .011 - Energy Vision International Subsidiary American Geothermal Announces Significant Increase in Sales Monday July 10, 1:07 pm ET
OXFORD, Miss., July 10, 2006 (PRIMEZONE) -- Energy Vision International (Other OTC:EGVI.PK - News), a rapidly growing diversified energy company, is awarded new business on the Lake Travis luxury apartment development.
American Geothermal was awarded the contract for 29 additional units at the complex. The villas are undergoing refurbishment and existing heat pumps will be replaced in a select few at the express wish of the new occupiers. The company will offer one-time equipment upgrades to future owners of the current unsold villas. This will result in further orders for an additional 80 to 100 new units within the next 30 days.
The first phase to upgrade these 29 units adds $86,000.00 of new income for the Company.
Victor DeMarco CEO of American Geothermal commented; ``The Island Development continues to provide an excellent source of continued revenue and puts us firmly on course to meet our projected sales targets for 2006. Many other benefits are derived from our involvement in this project notwithstanding the positive publicity and referral business generated since the early occupiers are now experiencing substantially lower heating and cooling bills.''
Chairman of EVI, Anthony Welch added; ``This project demonstrates the company's ability to compete for large and small geothermal business. We have ambitious plans drafted for 2007 to capitalize on our long unbroken industry experience by laying new foundations for significant growth. As stockholders can see, we are building both revenues and profits quickly. We will release stockholder guidance in the fall on our revenue estimates and the status of our domestic and international expansion.''
About the Company
Energy Vision International grows through energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, and sales of energy conservation solutions. The company has three subsidiaries at present with plans for more.
The company's subsidiary, DeMarco Energy Systems of America, Inc. (http://www.demarcoenergy.com), has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. EVI's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit http://www.energyvisionintl.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact: Energy Vision International Investor Relations (662) 236-5928 ir*energyvisionintl.com
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