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Chilmark Entertainment Group, Inc. Announces Merger With Integrated Bio-Energy Resources PR Newswire - November 1, 2006 11:02 AM (EDT)
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SOUTHAVEN, Miss., Nov 01, 2006 /PRNewswire-FirstCall via COMTEX/ -- Steve Strauss, President and CEO of Chilmark Entertainment Group, Inc. (OTC Pink Sheets: CKGR) announced the acquisition of Integrated Bio-Energy Resources. Integrated Bio-Energy Resources is a consortium of Palm Oil Growers who have pooled their assets with the assistance of various Caribbean Governments to produce Bio-Gasoline and Bio-Diesel. The demand for an alternative fuel source has sparked a world wide demand for Bio-Fuel and the tropical climate of the region is a natural environment for building the production facility. The refinery that is being built is anticipated to have the capacity to produce 1,000,000 barrels per week of Bio-Fuel.
Some of the advantages of Palm Oil in this region are the low cost of production, ample resources and the waste product is sold as fertilizer. There are vehicles, generators, and other engines in several countries currently utilizing Bio-Fuels exclusively.
The acquisition of Integrated Bio-Energy Resources creates a very promising opportunity for our shareholders. As part of the merger agreement the name of the company will be changing to Integrated Bio-Energy Resources and our current trading symbol "CKGR" will be changing upon the approval of the appropriate authorities. We welcome this wonderful opportunity and thank the majority of the shareholders for approving this acquisition and the Board of Directors unanimous approval effective November 1, 2006.
The Affiliates
The Chilmark Entertainment Group's present affiliate-partners are Chilmark Media Ltd, Chilmark Artist Development LLC, and Chilmark Music LLC, and Video B Gone, LLC. Chilmark Entertainment Group, Inc. holds or has an equity stake of a minimum of fifty percent (50%) in each affiliate. These affiliate companies are variously engaged in distributing mobile entertainment product, record production and sales, music publishing, blocking digital piracy, talent management, consulting, marketing and concert production. The Company's business model provides an ideal working environment for the present entrepreneur-affiliates. The affiliate's time, energy and creative skills can be focused on their projects and not on financing or other administrative matters.
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Company Contact
Tom Dean
310-910-6597
SOURCE Chilmark Entertainment Group, Inc.
Tom Dean of Chilmark Entertainment Group, Inc., +1-310-910-6597
Posts: 572 | From: usa | Registered: Aug 2006
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coooool 800 profits and ride my free shares up a ways, huge claims, hope it keeps going...
Posts: 572 | From: usa | Registered: Aug 2006
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it will take YEARS to build a refinery such as they describe and cost 100`s of millions if not several billion dallars to construct! not holding my breath! take the money and run!!! GLTA!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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yepa, took nice profits riding a few, just over a million shares traded, expecting this to move a little higher, then i am out.... Posts: 572 | From: usa | Registered: Aug 2006
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WOW running like gang busters!!! check the time and sales this am, lots of buys pushed it up BEFORE the news hit. somebody got a hot tip!! wish it was me!! up 2000 percent!!!! WOW!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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in at .10 out at .16 good enough for me :-) watch out and don't get caught in the POFG trap... could be an LFZA, could be a POFG... take the money and run!
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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Estimated Market Cap: Not Available Float: 8,980,301 as of 2006-03-07
Current Capital Change: shs decreased by 1 for 10 split Ex-Date: Record Date: Pay Date: 2006-01-17
Dividends:
Company Notes: Formerly=Aimex International Corp. until 12-97 Formerly=Auto Stack International until 4-99 Formerly=BTC Financial Services until 9-00 Formerly=First Equity Holding Corp. until 6-03
Class Notes: Capital Change=shs decreased by 1 for 1000 split. Pay date=06/23/2003. Capital Change=shs increased by 2 for 1 split. Ex-date=11-17-03. Rec date=11-11-03. Pay date=11-14-03
Transfer Agent: Signature Stock Transfer, Inc., Plano, TX 75093
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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still have freebies, wait and see, taken profits to make up for my losses on pofg, plus got a little extra cash.. Posts: 572 | From: usa | Registered: Aug 2006
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quote:Originally posted by pick em low: JUST STAY IN for crying out loud.....
you got a problem with people taking profits when profits are there? that's like rule #1 in all of pennies. i made $1200 in about 15 minutes. not bad for a day's work. good luck.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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Well, I was in at .095 and out at .14. Got a little anxious. Not bad though for 15 minutes.
Posts: 18 | From: Omaha | Registered: Oct 2006
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:-) ..... no anxious allowed when the thing just moved a couple hours ago..... day is young... people haven't noticed this yet.....
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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no volume at all on this until 1 minute after the news at 11:03, then went from .015 to .05 on 100k shares! moved REALY fast! anyone who got some below .10 did good, dont think it will last though, take your profits or take your chances!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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:-) ..... no anxious allowed when the thing just moved a couple hours ago..... day is young... people haven't noticed this yet.....
flipping causes panic..... stay in with free shares is always good well maybe not on a .pk
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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P.S. First time poster. I've been lurking for awhile, haven't really made or lost anything until a few minutes ago.
This is all a learning experience. I gotta admit, got the blood going a little bit. Thanks to the OP for the quick tip!
Posts: 18 | From: Omaha | Registered: Oct 2006
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It will last until the next PR... I think....then either up more, or down if the PR has any negativity too it regarding the "details" of merge.
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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see if she runs after lunch, if it goes down to .07, i will be forced out. c'mon baby one more time....
Posts: 572 | From: usa | Registered: Aug 2006
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