Ckrush Entertainment Licenses United Kingdom Distribution Rights for ''National Lampoon's TV: The Movie'' to Slam Dunk Media, Ltd. 10/2/2006
NEW YORK, Oct 02, 2006 (BUSINESS WIRE) -- Ckrush Entertainment, Inc., a Ckrush, Inc. company (OTCBB:CKRH) announced today that it has licensed the United Kingdom and Ireland distribution rights to "National Lampoon's TV: The Movie" to Slam Dunk Media, Ltd. of the United Kingdom. "National Lampoon's TV: The Movie" stars Steve O, Jason "Weeman" Acuna, Preston Lacy and Chris Pontius, all of "Jackass" and "Jackass: Number Two " fame.
"National Lampoon's TV: The Movie" is an episodic comedy that celebrates the ever-increasing ridiculousness of society as reflected through the television in your living room. The film combines death-defying stunts interlaced with parodies of popular current TV shows such as "Fear Factor" and TV classics like "Miami Vice." The film also stars pop culture icons including Lee Majors ("The Six Million Dollar Man," "The Fall Guy"), Judd Nelson ("The Breakfast Club," "St. Elmo's Fire") and Jason Mewes ("Clerks," "Jay & Silent Bob Strike Back").
Steve-O graduated from Ringling Brothers and Barnum & Bailey Clown College before joining the cast of "Jackass" and later "Jackass: The Movie." This led to him producing several stunt videos and starring in the "wild"-ly popular MTV show "Wildboyz" with fellow "National Lampoon TV: The Movie" cast members Weeman & Chris Pontius. All three star in "Jackass: Number Two," recently released by Paramount Pictures.
"Slam Dunk is the perfect distributor for 'National Lampoon's TV: The Movie ' in the UK and Ireland," said Jeremy Dallow, president of Ckrush Inc., the producers of the movie. "Slam Dunk understands this films' audience and they are brilliant marketers. We are pleased to be associated with them."
There is already considerable buzz surrounding "National Lampoon's TV: The Movie" as information, message boards, and trailers can be found on the Internet through many sites such as MySpace.com, LiveMansion.com and YouTube.com.
The film will also be heavily marketed across all National Lampoon platforms. These include National Lampoon College, reaching over 200 US colleges and universities, National Lampoon's TogaTV.com, and the National Lampoon Humor Network, an affiliate network of humor and college lifestyle websites.
About Ckrush, Inc.
Ckrush, Inc. is a cutting edge entertainment and digital media group capitalizing on the global convergence of the traditional entertainment industry and the "participatory pop culture" revolution of online communities and digital technology. The Company produces feature films, sports programs and other content that target young adults, a highly-coveted entertainment industry demographic comprised of 70 million-plus consumers with an estimated spending power in excess of $200 billion annually. Ckrush owns LiveMansion.com a fully interactive social network. Ckrush feature films include, "Beer League," starring Artie Lange, "TV the Movie," starring Steve O and Wee Man of "Jackass" fame; and National Lampoon's "Pledge This," starring Paris Hilton. Ckrush also promotes and distributes televised sports events and other programming through pay-per-view, video-on-demand and other channels. For additional information please visit www.ckrush.net.
About National Lampoon
National Lampoon, Inc. (AMEX: NLN) is active in a broad array of entertainment segments, including feature films, television programming, interactive entertainment, home video, audio CDs and book publishing. The Company also owns interests in all major National Lampoon properties, including National Lampoon's Animal House, the National Lampoon Vacation series and National Lampoon's Van Wilder. The National Lampoon Network serves over 200 colleges and universities throughout the United States. The network reaches as many as 4.8 million students, or nearly one in four of all 18-to-24-year-old college students. In addition, the Company operates a humor website, www.nationallampoon.com, on the Internet. The Company has four operating divisions: National Lampoon Network, Entertainment Division, Publishing Division and Licensing Division.
SOURCE: Ckrush, Inc.
Ckrush, Inc. Jeremy Dallow, 212-564-1111 jdallow*ckrush.net
Copyright Business Wire 2006
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PrimeGen Energy Corporation (Formerly Maysia Resources Corporation) Corporate Update 10/2/2006
DALLAS, TX, Oct 02, 2006 (MARKET WIRE via COMTEX News Network) -- PrimeGen Energy Corporation (OTCBB: PGNE) ("PrimeGen") wishes to make the following corporate updates.
With respect to the previously announced purchase of the "North Franklin Project" from Silver Star Energy Inc. (OTCBB: SVSE) ("Silver Star") and Fidelis Energy, Inc. (OTCBB: FDEI) ("Fidelis"), a definitive purchase agreement has been prepared and is expected to be executed shortly; however, PrimeGen management has determined that it will focus on the acquisition of the portion of the interest held by Silver Star and that it will not acquire the 35% interest held by Fidelis at his time. As previously announced, Silver Star has a 40% working interest and Fidelis has a 35% working interest in the North Franklin Project. PrimeGen continues to maintain a right of first refusal on the acquisition of the Fidelis interest for a period of 24-weeks from August 24, 2006.
With respect to MB Gas Inc., a Calgary, Alberta-based oil and gas exploration company, PrimeGen continues to conduct financial due diligence and is awaiting the preparation and presentation of audited financial statements for MB Gas. MB Gas is presently "tying-in" several gas wells in relation to the "Manyberries Project," located in Southern Alberta. The Manyberries Project includes varied working interests in lands hosting both proven and probable gas reserves, and facilities, which are in early to advanced stages of development. The vendor has agreed to continue to "stand still" and not entertain a similar transaction with any third party, pending the completion and review by PrimeGen of the audited financial statements of MB Gas.
With respect to the previously announced acquisition of 100% of the Class A Interest (the "Interest") of FS Sub-participation #1 LP (the "Partnership"), as Texas-based limited partnership, as noted previously the Partnership is participating by sub participation in acreage that is part of the Fayetteville Shale play located in Van Buren, Stone and Cleburne Counties, Arkansas. The parties continue to work toward the assignment and assumption of the Interest by PrimeGen, pending, among other things, the completion of certain payments by the vendor of the Interest. Since the initial acquisition of the Interest by PrimeGen, the scope of the play has been increased such that, through the Partnership, PrimeGen will now participate in approximately 40,000 leased acres in the area. The Fayetteville Shale in Arkansas is now actively being developed for shale-gas analogous to that contained in the Barnett shale. It is expected that the development of the Interest will be key to the near future operations of PrimeGen.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the completion of the purchase of interests in the North Franklin Project, the completion of the purchase of MB Gas and its related operations, the completion of the acquisition of the Interest and the operations of the Partnership and its partners, and the satisfaction of the various conditions precedent for the acquisitions.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with oil and gas exploration; changes in reserve estimates if any; the potential productivity of our properties; changes in the operating costs and changes in economic conditions and conditions in oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2005 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD PrimeGen Energy Corporation
Gordon A. Samson-Director
Investor Information: 214.459.1217
SOURCE: PrimeGen Energy Corporation
Copyright 2006 Market Wire, All rights reserved.
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Produce Safety & Security International, Inc. Will Ship Four Ozone Truck Sanitizer Units to the Clean Air Factory of Queensland, Australia for Delivery November 1, 2006
By Market Wire Last Update: 10/3/2006 6:01:10 AM Data provided by
PRESCOTT, AZ, Oct 03, 2006 (MARKET WIRE via COMTEX) -- PRODUCE SAFETY AND SECURITY INTERNATIONAL, INC. (PINKSHEETS: PDSC), ("PDSC"), an ozone and chemical sanitation disinfectant process supplier to the food and medical industries, announces the first shipments to Clean Air Factory, Queensland, Australia.
BRIAN LOOKER, INNOVATIVE BUSINESS MAN, USES FOOD SAFETY & SECURITY INTERNATIONAL FOOD SAFETY OZONE PROCESS TO PROTECT THE AUSTRALIAN FOOD SUPPLY AND PROVIDE A HEALTHY ENVIRONMENT
Mr. Looker will market and promote the benefits of Produce Safety & Security product lines of PDSC Food Safe Process and Spherequat -- Medic Kleen Process will destroy illness, sickness and diseases caused by toxic bacteria, mildew and viruses. Mr. Looker says he is looking forward to the new challenge of educating Australians about the Produce Safety & Security Food Safe & Environmental Product line. "Much of my life has been focused on helping people to achieve maximum health and that's why I was so attracted to the Produce Safety & Security International Worldwide Program."
Clarence W. Karney, Chief Executive Officer of Produce Safety & Security International, Inc., states, "These are the first shipments of the MULTI MILLION DOLLAR AGREEMENT signed SEPTEMBER 28, 2006." Mr. Karney continues stating, "The Worldwide joint efforts of Clean Air Factory and PDSC WILL INCREASE THE REVENUE PROJECTIONS by 60 to 80%."
About Produce Safety & Security International, Inc. (PDSC)
PDSC has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations in the USA, Canada and Mexico.
PDSC's state-of-the-art ozone process has been shown to extend the shelf life and remove food-borne illness bacteria. This process will provide retail produce departments reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The customer will be assured of a safe food product, by use of this process, which may be used on organic produce to remove the pathogens. This process uses no chemicals thus meeting the requirements of organic certification.
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Tuesday, October 03 2006 9:08 AM, EST Playstar update on succesful launch of short code 654321 throughout Canada PR Newswire "US Press Releases " TORONTO , Oct. 3 /PRNewswire-FirstCall/ - Playstar Corporation is pleased to announce that is 100% proposed owned subsidiary Premier Mobile Technologies Inc. commenced its national SMS short code texting program throughout Canada on Monday October 2nd 2006 through all the national phone carriers. In Canada cell phone users have to text the keyword SUPER for Superbowl package or NHL for the NHL All star package to short code 654321. Visit www.texttowinbig.com for more information on this and exciting new prizes coming out soon. Premier has applied for a short code and reserved it for the United States to launch similar program there shortly. Playstar Corporation is an Antigua corporation and foreign filer on the pink sheets under the symbol PLYCF. Current shares structure fully diluted is 60,928,246 outstanding. Authorized is 100,000,000. Its transfer agent is transfer Online of Portland Oregon . Short codes, also known as short numbers or Common Short Codes (CSC) are special telephone numbers, significantly shorter than full telephone numbers, which can be used to send an SMS text. This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased", "plan", "confident that", "believe", "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 could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings. SOURCE Playstar Corporation
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GameZnFlix Selects thePlatform to Provide Digital Rights Management Services for Video Downloads 08:01 a.m. 10/03/2006 Provided By Market Wire
FRANKLIN, KY, Oct 03, 2006 (MARKET WIRE via COMTEX) -- GameZnFlix, Inc. (GZFX), an online provider of video games and DVD movies for rent or purchase, announced today that it has selected thePlatform to provide content management and digital rights management for video downloads.
John Fleming, GameZnFlix CEO, stated, "As GameZnFlix prepares to offer our subscribers video downloads of high quality programming, we want to ensure that the content has the highest level of protection. Today's agreement represents our commitment to content providers that we can accomplish this goal."
thePlatform Media Publishing System (MPS) is a comprehensive solution for content owners, enabling digital media businesses anywhere -- over any network, to any device. A Web services-based architecture including digital rights management enables content owners to monetize their media assets through pay-per-view and subscription business models for live or on-demand streaming and download scenarios.
"We are excited that GameZnFlix has chosen thePlatform Media Publishing System to support their digital media business," said Rahul Sonnad, VP of business development for thePlatform." Our experience with premium content services and their underlying technology requirements will enable GameZnFlix with a flexible system for their evolving business."
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NAEG Announces Oil Sale and Purchase Agreement with Shell
Canada NewsWire "All News "
FOREST HILLS, N.Y., October 3 /CNW/ - Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG) is pleased to announce it has signed an Oil Sale and Purchase Agreement (SPA) with Shell Trading (US) Company (Shell), and is to begin supplying high-gravity oil from its producing wells in N.E. Montana to Shell immediately.
Shell Trading buys and sells several million barrels of hydrocarbons per day in physical markets, making it one of the largest petroleum supply and trading organizations in the industry. The above SPA was consummated in August, subsequent to the sample testing, approval and purchase, by Shell, of NAEG's initial oil production from the Tribal 7-A and COX 7-1 wells located on the Fort Peck Indian Reservation. Said contract shall be ongoing, and the purchase price adjusted-to-market at regular intervals during which unlimited period, Shell will acquire all future oil production from all NAEG wells in Montana.
Raj Nanvaan, Vice President and CFO of Native American Energy Group, stated, "We are pleased that Shell Trading was enthusiastic about being our buyer. This represents NAEG's first sale of oil to the North American oil market. We look forward to this relationship with Shell on our Montana project, and believe both Native American Energy Group and Shell will benefit from this interaction. I am happy to report to shareholders and investors, alike, that Native American Energy Group is firmly and uniquely positioned, today, in our niche. The nation's demand for energy has increased as a result of factors like the booming economy, high population growth, industrialization and urbanization. There is increasing demand for oil and natural gas as a consequence of this increase in demand for energy."
Joseph D'Arrigo, President and CEO of Native American Energy Group further commented, "By design, NAEG has gained the geographical advantage to help meet this demand for oil & natural gas by acquiring an infrastructure and inventory of historically producing wells in the oil & gas rich, Williston Basin region; while at the same time, NAEG's production results, I am very pleased to say, also benefit local Native American tribal communities and landowners whom are in need of revenues from those resources. This has become our "niche," as we were invited to do. As an independent energy company in current production on tribal land, we, at NAEG, aim at meeting the energy demand of our country by means of these oil and gas development projects, as well as, contributing to the economic well-being & long-term stability of all of Montana's native tribes that are involved. Therefore, NAEG carries on studies, acquires and develops prospective leases, and reaches agreements with natural gas and oil suppliers such as Shell to help meet this increasing demand. We will continue with the good work we have started here, as NAEG strives to meet its production schedule."
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
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Insystcom, Inc. Selected by Asian American Hotel Owners Association (AAHOA) to Become a Bronze Founding Member Delivering WiFi and VOD Services
Business Wire "US Press Releases "
ALPHARETTA, Ga.--(BUSINESS WIRE)--
Insystcom, Inc. (Pink Sheets: ISYJ), a firm that provides interactive entertainment solutions to the Hotel and Resort industries, today announced that it has been selected by the Asian American Hotel Owners Association (AAHOA) to become a Bronze Founding Member. Insystcom, Inc. intends to expand its video-on-demand and WiFi services to the lodging industry, providing and installing the necessary hardware and shall further provide monitoring functions for such services.
AAHOA will promote Insystcom, Inc. as a Bronze Founding Member throughout the year allowing access to their members, emails campaigns, issue statements or media identifying Insystcom, Inc. as a Founding Member, promote its services that are available to AAHOA members, provide recognition during the 2007 Annual Convention, recognize Insystcom, Inc. in the AAHOA Lodging Business Magazine, provide seven regional booths and sponsorship and attendance to the AAHOA board of directors meeting.
"The honor of being selected by AAHOA to offer our VOD / WiFi services to their members is significant to our future," said Wil Riner, CEO of Insystcom, Inc. "Our newest design, Resort-Lynx(TM) EX has been developed for the "Boutique" (40-80) room market of AAHOA which is one of their largest. In addition, this model gives this group, comprising 37% of the US market, access to features enjoyed by larger properties," he said.
Representing more than 8,300 members, AAHOA is one of the leading forces in the hospitality industry and one of the most powerful Asian American advocacy groups. Together the members own more than 20,000 hotels, which have 1 million rooms representing over 50 percent of the economy lodging properties and nearly 37 percent of all hotel properties in the United States. Of the hotels owned by AAHOA members, approximately 11,700 are franchised while 6,300 are independent. The market value of the properties owned by AAHOA members is estimated to be $29.9 billion in franchised properties and $8.1 billion in independent properties. AAHOA supports its members through educational programs and advocacy in the legislature, media and hospitality. AAHOA's mission is to provide an active forum in which Asian American Hotel owners, through an exchange of ideas with a unified voice, can: communicate, interact, and maintain their proper position within the hospitality industry, and be a source of inspiration by promoting professionalism and excellence through education and community involvement.
About Insystcom, Inc.
Insystcom, Inc. provides interactive entertainment and communication solutions to the luxury resort, hotel and timeshare markets. ResortLynx(TM) delivers Video on Demand at MPEG2 and MPEG4 encoded rates, high speed internet access (HSIA) to the room/suite TV screen, WiFi to the guest Notebook and Mobile TV to cell phones, PDA's and Pocket PCs. The use of ADSL as transport for ResortLynx(TM) allows high video data rates combined with ease of installation since existing telephone cabling is used. The use of ResortLynx(TM) in thousands of suites & rooms prove the success of this unique technology combination. Please visit the company website at www.insystcom.com.
Safe Harbor Forward-Looking Statements
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: Insystcom, Inc.
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Press Release Source: Silver Screen Studios, Inc.
Silver Screens Studios: Restructuring to Address Capital Structure with NOBO Evaluation Tuesday October 3, 10:34 am ET Global 1 Funds Develops Reg. E Business Development Companies for Mergers and Acquisitions and Share Support
Our management feels there is a significant failure to deliver position in our stock and the NOBO list will identify the extent of the position. To protect our shareholders we are developing the share exchange program with one of the Reg. E Funds that will place an estimated value of $.10 to $.25 on the shares of SSSU.
We have a strategy to increase the book value of SSSU and enter into a business combination via Form S-4. Once the business combination is completed we expect the combined business to trade at the value of the combined entity. More details will be forthcoming regarding the share exchange program.
Shareholder Benefits and Dividend Distribution:
We have developed the dividend program with one of the Reg. E. Funds. Each Reg. E fund can raise up to $5.0 million per year exempt from registration. The family of funds we are developing will assists SSSU in support of its restructuring and will immediately fund the real estate and entertainment business units. We have developed our business model to fund and develop new high growth companies.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Contact: Silver Screen Studios, Inc., Atlanta Barry Thomas, 404-255-0400 sssu*mindspring.com Source: Silver Screen Studios, Inc.
-------------------- Cashing checks in two forms: Money and Reality
Palomar Enterprises Third Quarter Revenue Up 67% PR Newswire - October 03, 2006 04:45
CARLSBAD, Calif., Oct 03, 2006 /PRNewswire-FirstCall via COMTEX/ -- Palomar Enterprises (OTC Bulletin Board: PLMA) announces a 67% (unaudited) increase in revenue for the third quarter 2006, compared to the same period 2005. Palomar's revenue increase is a result of successful implementation of The Company's business plan, which has focused resources on residential development projects and purchasing undervalued properties for re-sale.
The Company's year to year revenue has increased 44% (unaudited) from September 2005 to September 2006. Palomar believes their increase in revenue will climb substantially higher during the fourth quarter of 2006, due to the planned sale of over $2,000,000 in residential real estate. This growth positions Palomar Enterprises to complete the fiscal year with the most revenue in The Company's history.
From time to time, the Company may issue news releases that contain "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, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
GS CleanTech Corporation (OTC Bulletin Board: GSCT) chairman and chief executive officer, Kevin Kreisler, issued the following letter to GS CleanTech's shareholders today:
We have accomplished much this year and I wanted to take this opportunity to update you on our progress. Earlier this year we announced our plans to focus on delivering new technologies to the ethanol production industry with a view towards maximizing the output and profitability of conventional corn-derived ethanol production.
Update on Ethanol Efficiency Program
The first of the technologies that we are bringing to ethanol producers to achieve this is our patent-pending Corn Oil Extraction System ("COES"), a proprietary technology that extracts a high grade corn oil from an ethanol production co-product called distillers dried grains ("DDG") that can be converted into biodiesel on about a 1:1 volumetric basis.
While still in the DDG, this corn oil is ordinarily worth about $0.035 per pound, or $0.26 per gallon, in most North American markets. If extracted from the DDG, this corn oil is worth about $0.12 to $0.17 per pound, or about $0.90 to $1.26 per gallon, as a commercial feed or a feedstock for conversion into biodiesel fuel. Based on current market prices, a typical 50 million gallon per year dry mill ethanol production facility using our technology can produce more than 3 million gallons of corn oil with an estimated current value of between $2.7 million to $3.8 million.
To date, our corn oil extraction program has been met with significant interest and we have executed contracts to phase up to about 22 million gallons per year of corn oil extraction from the following existing and planned ethanol facilities between this quarter and 2008:
-- Adkins Energy, Lena, Illinois (www.adkinsenergy.com) - currently under construction, this system is designed to produce an estimated 1.5 million gallons of corn oil per year and is scheduled for commissioning later this year at an existing ethanol plant.
-- Utica Energy, Oshkosh, Wisconsin (www.uticaenergy.com) - with the first of two systems currently in construction, this existing ethanol facility will produce about 1.5 million gallons of corn per year later this year when the first system is commissioned, and about 3.3 million gallons of corn oil per year in total when a second COES system is commissioned later next year.
-- Golden Grain Energy, Mason City, Iowa (www.goldengrainenergy.com) - slated for commissioning during the first quarter 2007, this facility will initially produce about 1.5 million gallons of corn oil per year but will scale up to between 3.0 and 4.5 million gallons per year in 2007 when this existing facility completes a plant expansion.
-- New Producer in Illinois - this confidential producer's contract calls for the installation of 8 of our extraction systems during 2007 and 2008 designed to extract about 12 million gallons of corn oil per year.
These contracts are based on our provision of turn-key extraction systems for no up-front cost in return for long-term agreements to purchase the extracted corn oil based on a fixed discount to prevailing fuel prices - or for about $0.90 to $1.26 per gallon based on current fuel prices.
These contracts also provide our clients with an option to either take advantage of our 100% financing option or to purchase the equipment that we use to implement our technology, and we pay a lower percentage of prevailing fuel prices for the extracted oil under the financing option and a higher percentage under the purchase option.
Moving forward, and as our corn oil extraction program matures, we intend to bring a succession of additional technologies to ethanol producers that are designed to work in concert with their existing infrastructure.
During this past quarter, we acquired the exclusive right to sell and use two new technologies for use in the ethanol production industry - a very robust modular biodiesel production technology and a biomass gasification technology with gas to liquids and fuel reforming capability. Importantly, both technologies are capable of cost-effective and rapid application at small scales in a 'plug and play' manner at conventional corn-derived ethanol facilities along with our corn oil extraction technology.
The gasification technology, which is owned by a company called ZeroPoint Clean Technology, is a significant advance that we believe has the potential to alter the landscape of how the ethanol industry manages its biomass co-products, including the remaining DDG and corn stover. The output of this gasifier can either be used to generate electricity in a standard gas-fired generator or catalyzed into liquid fuels such as ethanol or synthetic diesel substitutes with the Fischer-Tropsch process.
Our ambition is to use our technologies to dramatically enhance the existing energy balance of corn-derived ethanol production in cost-effective and rapid ways. We believe that we can initially achieve this by converting extracted corn oil into biodiesel and gasifying and converting the remaining DDG and corn stover into ethanol and other biomass-derived gases for heat, power and additional fuel production.
In addition, and on the technology commercialization front, we are in the late-stages of our commercial pilot development of our CO2 Bioreactor, a technology that can potentially convert the exhaust carbon dioxide from the fermentation stage of the ethanol production process into an algae-based biomass and oxygen for additional fuel production via gasification. Once complete, we plan to install our pilot CO2 Bioreactor at an early adopter ethanol production facility for commercial scale testing. If our pilot is successful, our CO2 Bioreactor has the potential to significantly increase the fuel production of host ethanol facilities.
We also hold the rights to a number of other clean technologies that have the ability to convert waste or co-products in other industries into valuable resources. One of these technologies is our DAF Oil Extraction System, a process that enables meat and poultry processors to reduce disposal volumes of a fat-laden waste stream that is commonly disposed through land application. Our technology reduces the volume of this waste by as much as 80% by removing the fat in the waste - this fat is a good feedstock for biodiesel production.
We recently executed a contract with a confidential Arkansas-based poultry processing facility to extract more than 1.5 million gallons per year of poultry fat. This system is currently under construction and is scheduled to commence operations later this year. In much the same way as our corn oil model, our DAF model is based on our purchase and resale of the extracted fat as a biodiesel feedstock.
In all, with just our executed contracts to date, we have the right to buy and sell more than 22 million gallons of biodiesel feedstock on the basis of mostly hedged discounted prices. We believe that this presents us with compelling economics and we will remain focused on the deployment of these contracted systems while we continue to focus on the conversion of the qualified leads in our sales pipeline into additional contracts.
We believe that there is an urgent need to quickly enhance the yield and operating efficiency of standard ethanol production, and we are committed to doing so.
Our existing clients clearly recognize this need as well and have each shown tremendous leadership by raising the bar for ethanol production efficiency. Our team is very proud to provide our clients with the technology to achieve this and we hope to have continued opportunities to do so.
We are grateful for your continued interest and support and we look forward to our next communication.
Chairman and Chief Executive Officer
GS CleanTech Corporation
GS CleanTech's Corn Oil Extraction System(TM)
Currently, the majority of the ethanol produced domestically is based on a dry milling technique that converts corn into ethanol. The corn is milled and then mashed with a combination of heat and enzymes that convert the starch in the corn into fermentable sugars. This mash is then cooled and mixed with yeast to create a fermented mash which is then separated into alcohol and stillage. The alcohol is distilled and dehydrated into 200 proof fuel-grade ethanol. The stillage is sent through series of centrifuges and evaporators and then to a rotary dryer to reduce moisture. The output of the drying stage is a co-product called distillers dried grains ("DDG") which is conventionally sold as a livestock feed.
GS CleanTech's patent-pending corn oil extraction technology intercepts the stillage flow in between the evaporation stage in the drying stage. The stillage has a concentrated syrup-like consistency after evaporation. GS CleanTech heats the concentrated stillage and then uses advanced centrifuge technology to spin crude corn oil out of the heated concentrated stillage. The crude corn oil is then routed to storage for use as a raw material for biodiesel production and the now defatted concentrated stillage is returned to the drying stage of the ethanol production process where it is dried into defatted DDG. GS CleanTech's corn oil extraction technology provides ethanol producers with the following benefits:
-- Increased Revenue - The corn oil extracted is readily amenable to refining into biodiesel fuel which creates a new revenue stream for participating ethanol facilities;
-- Reduced Operating Costs and Emissions - Corn oil removal can improve drying efficiency by more than 10% with reduced natural gas or coal needs and reduced emissions (NOx, SOx, VOC, and CO2);
-- Low Operating Costs - The system requires less than $0.05 per gallon of corn oil produced;
-- High Recovery Rates - The technology is capable of recovering up to 75% of the corn oil within the DDG; and,
-- Increased Inclusion Rates - Corn oil removal can improve defatted DDG marketability and inclusion rates by reducing fat content.
GS CleanTech's pricing model for its corn oil extraction technology is based on GS CleanTech's provision of turn-key extraction systems for no up-front cost in return for long-term agreements to purchase the extracted corn oil based on a fixed discount to prevailing fuel prices. Alternatively, GS CleanTech's clients have the option of purchasing their installation of the corn oil extraction technology provided that GS CleanTech retains the right to purchase the extracted corn oil based on a fixed discount to prevailing fuel prices for the life of the use of the technology.
About GS CleanTech Corporation
GS CleanTech Corporation (OTC Bulletin Board: GSCT) provides applied engineering and technology transfer services based on clean technologies and process innovations that make it cost-effective and easy to recycle and reuse resources.
Additional information on GS CleanTech's Corn Oil Extraction System and GS CleanTech's ethanol efficiency program is available online at www.gs-cleantech.com.
GS CleanTech is about 80% owned by GreenShift Corporation (OTC Bulletin Board: GSHF), a company devoted to facilitating the efficient use of natural resources.
Safe Harbor Statement
This press release contains statements that 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 GS CleanTech Corporation, and members of their 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.
Adrenaline Nation Entertainment Announces Open Casting Call In Nashville For Music TV And Adrenaline Sports TV Show Hosts NASHVILLE, Tenn. (EWORLDWIRE) Oct 3, 2006
Adrenaline Nation Entertainment, Inc. (Pink Sheets: ADNL), which produces Adrenaline Nation TV (ANTV), the leading channel for cutting edge independent music TV, innovative independent and short films, and adrenaline sports for the highly coveted 18 - 49 demographic, today announced a casting call for hosts for its music blocks and Adrenaline sports programs for the production studios based in Nashville, Tenn. ANTV is looking for talented show hosts between the ages of 18 - 26 who are knowledgeable about independent music bands, country music and adrenaline sports including rodeo sports and bull riding. Previous show hosting experience is a plus but not required.
"We are looking for new on-air personalities to host our independent music and adrenaline sports programming who have a passion for independent music, the active youth culture, and adrenalines sports," said Keith Dressel, CEO of Adrenaline Nation Entertainment, Inc. "We provide a creative atmosphere and the ability to work hands-on in our state-of-the-art production facilities here in Nashville with leading artists and sports figures in these fields."
A representative sample of current Adrenaline Nation Music and Adrenaline Sports programming includes:
- Independent Top 20 Countdown: Top twenty independent videos counted down with lots of interviews, exclusive concert footage and talk with the artists about how they made the album and video.
- Independent Artist Spotlight: The top independent artists talk about what it's like being an independent artist and taking it to the streets without the power of a major label.
- Pressure Block: Showcasing the hottest new independent artists, music videos and bands from around the world.
- Bubbling Under: Features scorching hot artists that are bubbling under the charts.
- Thunder Juice: Power-paced music videos from Adrenaline Nation TV.
- Adrenaline Rush: Power-packed adrenaline videos hand-picked by Candace Lee.
- Paovae X: Extreme Music from the Hardest Artist seeking victory selected by Joe Cummins.
- Producer's Workshop: The world's top record producers share their studio secrets that make the hits. They candidly tell their stories about working with the artists, their attitudes and fostering their music abilities.
- Adrenaline Sports News: Breaking news on the hottest Adrenaline Sports.
- Live to Ride: Get in the pen with some of America's top bull riding talent - America's fastest growing spectator sport.
To view ANTV's full line up, go to www.adrenalinenationtv.com and click on ANTV. ANTV is taking on mainstream music TV stations by airing music videos of edgy, up-and-coming, new independent artists as well as mainstream artists that are still acceptable to this audience. ANTV delves more deeply into music culture than other music TV channels. It showcases music producers working on albums, features a Top 20 countdown of independent rock music and focuses the spotlight on up-and-coming indie rock bands. This ground breaking music line-up is complemented with adrenaline sports and the extreme adventure programming that appeals to this demographic. ANTV programming is currently available in 28 million homes via digital cable and to over 100 million broadband Internet subscribers.
Auditions will be held Oct. 12 and 15 at 211 McMillin Street in downtown Nashville. For more information on these openings, call Chuck Bednarek at 615-327-7696.
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NewMarket Technology, Inc., Announces Texas Presentations of ''Next High-Tech Market Wave in 3 Steps'' Lessons Learned From Startup to $50M in Profitable Revenue in 2005 and Plan For Up to 70% Organic Sales Growth in 2007 to $120M Business Wire - October 03, 2006 12:40 A Dallas October 23, Houston October 24 and Austin October 25
DALLAS, Oct 03, 2006 (BUSINESS WIRE) -- NewMarket Technology, Inc. (OTCBB:NMKT) today announced three additional dates in Texas to present its unique perspective on the High-Tech Market. NewMarket was recently named the fastest growing technology company in Deloitte's prestigious Texas Technology Fast 50 program, based on the Company's 31,633% growth from 2001 to 2005 to over $50 million in profitable annual revenue. NewMarket also anticipates a strong showing in Deloitte's Fast 500 national ranking of the fastest growing companies, which is to be announced later this month. Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
NewMarket continues to rapidly grow and is on track to exceed $70 million in annual profitable revenue in 2006. The Company also recently announced its current sales forecast to organically grow sales in 2007 up to $120 million in profitable revenue. This increase would represent a 70% increase over the current 2006 forecast of $70 million and does not include any increase in revenue from acquisitions.
NewMarket has pioneered what the Company refers to as a Milestone Investment Strategy for capitalizing a business venture in steps and likewise providing shareholders a return on investment in steps. The Company has recently presented this strategy in Atlanta, New York and Chicago and this week will present in Los Angeles on Oct. 3 and Irvine on Oct. 4. Due to increased interest in the Company, NewMarket has scheduled additional dates throughout Texas.
Philip Verges, CEO, will present "The Next High-Tech Market Wave in 3 Steps" in Texas the week of Oct. 23. The presentations will be held in Dallas on Oct. 23, Houston on Oct. 24 and Austin on Oct. 25. These presentations are open to all interested parties free of charge, but reservations are requested due to limited space. To reserve a seat or for more information please contact Whitney Marks at wmarks*newmarkettechnology.com or 214-722-3052.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), Hyperion Solutions (Nasdaq:HYSL) and SAP (NYSE:SAP). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends. NewMarket ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period. The financial results achieved have been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Press Release Source: American Way Business Development Corp.
American Way Business Development Corp. Shareholder Update Tuesday October 3, 2:10 pm ET
BOCA RATON, FL--(MARKET WIRE)--Oct 3, 2006 -- American Way Business Development Corporation (Other OTC:AWYB.PK - News) ("AWYB" or the "Company") announces that AWYB last week requested the Non-Objecting Beneficial Owner ("NOBO") list from American Data Processing Inc. located at 51 Mercedes Way, Edgewood, NY 11717 ("ADP"). ADP has already begun to process the request and is currently awaiting responses from banks and other institutions. The Company expects to receive the report early next week and will release the aggregate data as soon as possible after receiving the report. As part of the ongoing restructuring of the Company, AWYB is planning an authorized share reduction from the current 60 billion shares authorized to 100 million shares. The current share structure is 12.8 million shares outstanding, the majority of which are restricted and NOT FREE-TRADING.
Mr. Platten states, "Our primary motivation has always been the well-being of our shareholders. This is why we find it so distressing that the Company's stock seems to have become the plaything of short sellers." For anyone carrying shorts and those AWYB shareholders with questions, please contact Don Platten, AWYB president, via e-mail at donplatten17*aol.com or at our corporate office number, 561-962-4124.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
QBIT (.0013) Orders NOBO List to Determine Actual Shares Outstanding
Market Wire "US Press Releases "
HOUSTON, TX -- (MARKET WIRE) -- 10/03/06 -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT), has ordered and is reviewing a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership, list shows a more complete corporate ownership profile than is available from the transfer agent alone.
"We are reviewing the NOBO list," explained President Mike Skillern. "There seem to be discrepancies which we are moving to correct."
QBIT is a technology developer that builds theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.
QBIT, in all cases, maintains project rights for its shareholders, information concerning those rights is available on the QBIT website or by contacting QBIT directly.
Modern Technology Corp Announces Acquisition Terms for Boveran Cancer Detection System Designed by Dr. David Rasnick and Dr. Peter Duesberg OXFORD, Miss., Oct. 3, 2006 (PRIMEZONE) -- Modern Technology Corp (OTCBB:MODC), a diversified technology development and acquisition company, released today the material terms of its cash-free acquisition of 100% of the physical assets and intellectual and technology rights to the Boveran cancer detection system. Insight Medical Group will be the operational arm that will bring the technology to a multi-billion dollar international market for cancer diagnostics.
The Boveran cancer detection system is the only system in the world that detects the single trait common to all forms of cancer. This trait is not found in any healthy cell. The system rapidly and accurately identifies cancer at any stage in its development and also identifies healthy cancer-free cells in the same test. The system is unique in the world and can be applied to any form of cell sample suspected of cancer and return a reliable test result within minutes. The system completely eliminates heretofore unreliable, subjective, and error-prone pathology diagnosis of cancer and delivers an automated and completely objective measurement of the presence or absence of cancer with the highest accuracy rate of any diagnostic technology in the world.
The current contemplated material terms of the Letter of Intent are as follows:
-- 100% of the existing physical assets, intellectual property rights, and current value of Boveran's assets
-- Purchase Price: $500,000 paid in Convertible Preferred Stock to Boveran.
-- Anticipated Closing Date: October 15, 2006. Pending all legal review, due diligence review, and approval. If such approval occurs after such date, then closing shall take place as soon as possible.
-- Purchase Terms: $500,000 Paid to Boveran's stockholders in the form of a Convertible Preferred Stock with conversion terms and schedules to be agreed upon by the Parties within a reasonable time and with reasonable terms concurrently to or subsequent to the execution of the contemplated Definitive Asset Purchase Agreement.
-- Formal relationship with Duesberg Cancer Lab: The acquisition of Boveran contemplates the support of Peter Duesberg's cancer research. Insight Medical Group will provide ongoing financial support to Peter Duesberg's lab as reasonably determined by Insight Medical Group and Duesberg. Peter Duesberg's lab agrees to work closely with Insight Medical Group to improve products and technology.
Anthony Welch, Chairman, said: "We will soon release details of market strategy and potential, expected revenues, and profits for this new addition to our portfolio. The market space is international and no other cancer diagnostic can return the same high level of accuracy. The design of this system is unique, proprietary, and proven to work. We have the outstanding science and research of its creators to thank."
About Insight Medical Group
Insight Medical Group is a specialized biosciences development company whose mission is to bring world-changing medical technology and research to market in the areas of cancer and AIDS.
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MODC improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries.
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: Modern Technology Corp Anthony Welch (601) 213-3629
Source: PrimeZone (October 3, 2006 - 1:01 PM EST)
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