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hey gang, again, just fillin' in with the posting of this thread until our man JUICE gets better and back in the game. thanks to all for keeping this gem of a thread going.
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NHYB .065 Tuesday, October 31 2006 5:02 PM, EST National Hyperbaric Teams up with TLC HealthCare(TM) Quality Improvement Organization Business Wire "US Press Releases " SALT LAKE CITY --(BUSINESS WIRE)-- National Hyperbaric Rehab Center (Pink Sheets: NHYB) under the SanCuro Wound Systems division has contracted with TLC HealthCare(TM) Quality Improvement Organization ("TLC") to organize quality improvement programming and educational services. Under the direction of founder Scott M. Bolhack, MD, MBA, CMD, FACP, FAAP, TLC HealthCare(TM) Companies will provide standardization of National Hyperbaric Rehab's wound care services. This includes a broad spectrum of oversight and training to include statistical compilation of effectiveness of treatment plans, monitoring of infection control, selection of product lines, and process management within SanCuro Wound Systems. TLC HealthCare(TM) QIO will help establish "Best Practices" algorithms and standardization of care for all present and future SanCuro Wound Care Systems' facilities. TLC will provide ongoing education to staff of SanCuro Wound Care Systems to insure the most current and effective medical procedures are understood and used. TLC HealthCare(TM) Quality Improvement Organization is a leading private QIO that assists over 20 healthcare entities with analysis of their medical data and transforming the medical practices of these organizations into delivering excellence in medical care. In addition to other areas of interest, the organization is actively involved in research efforts related to wound care with the presentation of several scientific posters and lectures over the past few years. Dr. Bolhack states, "SanCuro Wound Care Systems is making a huge commitment by working with a quality improvement organization from the start. This single leadership position by National Hyperbaric Rehab Center demonstrates their ability to think outside the norm in developing best practices for their clients who include not only the patients, but also the clinicians in the community. While other centers concentrate solely on the hyperbaric experience for their patients, SanCuro Wound Care Systems will demonstrate to their communities the larger commitment to quality wound care. Their success will directly affect the bottom line for their investors." Statements contained in this press release that are not statements of historical fact are "forward-looking statements" as that term is defined under federal securities laws, including, without limitation, all statements concerning expectations, beliefs, goals, intention or strategies for the future of National Hyperbaric Rehab Center, Inc. Forward-looking statements may be identified by words such as "goals," "plans," "believes," "will," "expects" and other words of similar meaning used in conjunction with, among other things, discussions of future operations, financial performance, product development and new ventures. Many factors could cause actual events or results to differ materially from those expressed in any forward-looking statement. Investors are cautioned not to place any undue reliance on any forward-looking statements. Source: National Hyperbaric Rehab Center
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Tuesday, October 31 2006 6:00 PM, EST ActiveCore Reduces Debt and Solidifies Payment Technology Direction Market Wire "US Press Releases " TORONTO -- (MARKET WIRE) -- 10/31/06 -- ActiveCore Technologies, Inc. (OTCBB: ATVE), a Company that now operates as a payment technology solution provider, has filed an S8 that will convert 1.7 million USD of debt into equity and position the Company to execute an aggressive payment technology market entry strategy. Peter Hamilton, ActiveCore CEO, stated, "The significant restructuring required to convert ActiveCore into a pure play payment technology solution provider has resulted in a reduction of staff, facilities and existing revenue. These changes have resulted in the crystallization of direct labor, legal and consulting costs that must be dealt with now to position the Company for success in the payment technology market. Therefore, I felt that it was appropriate to inform shareholders that an S8 has been filed and that common shares have been issued to convert the costs associated with this restructuring into equity. This reduction of debt will also allow the use of funds from new sources to be used to support the growth of ActiveCore in the payment technology market." ActiveCore/GSPS Status The Company has made a commitment to focus all of its resources and energy on becoming a successful payment technology solution provider. The planned acquisition of GSPS, the UK parent company of ePocket, has recently been approved by the Boards of both GSPS and ActiveCore and the Companies expect to sign a binding Purchase and Sale agreement by the end of October 2006 . Completion of the GSPS acquisition will provide ActiveCore with a very exciting next-generation payment technology solution for the world wide web. ePocket Marketing Update GSPS has completed Version 1.1 of the ePocket product and is now ready to implement the technology. ActiveCore has supported GSPS in its marketing efforts and has consulting agreements in place with both North American and European parties to assist GSPS in finding a strategic partner that is willing to invest both time and money to implement the ePocket technology. With several initiatives underway, GSPS believes they will secure such a partner/customer in the very near future. Conclusion Mr. Hamilton stated: "The significant debt reduction achieved as a result of the S8 removes a huge burden from the Company and will allow the new management team that will result from the merger with GSPS to focus its energy and spending on generating success in the payment technology market rather than cleaning up past debts." As stated in a previous press release: "Our initial investment in ePocket was predicated on the belief that ActiveCore would benefit, not only from an incredible investment in a revolutionary payment technology, but more importantly, would create a strategic relationship with ePocket, who would inevitably require an integration specialist for their technology. We are now at the point where the acquisition of GSPS/ePocket will complete our move into the payment solution provider marketplace and allow us to grow into a successful public company." This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit ActiveCore IR Hub located at http://www.Agoracom.com/IR/ActiveCore. Alternatively, investors can e-mail AGORA Investor Relations directly at ATVE*Agoracom.com. About ActiveCore Technologies, Inc. (http://www.ActiveCore.com) ActiveCore Technologies, Inc. now operates as a payment technology solution provider. Our products encompass web portals, enterprise middleware, mobile data access, data management, and system migration applications. The Systems Integration & Modernization Division of ActiveCore operates under the trade names of CRATOS, MDI Solutions. The Corporate Disclosure and Messaging Division of ActiveCore operates under the trade names C Comm Network Corporation , DisclosurePlus, and ActiveCast. ActiveCore services clients in healthcare, financial services, government, and manufacturing worldwide. About GSPS/ePocket Inc. (http://www.ePocket.com) GSPS/ePocket brings true electronic cash to the world for the first time, making purchases over the Internet as secure and simple as handing cash to a clerk in a store. ePocket enables banks to provide their customers with the ability to withdraw electronic cash in any currency from their regular deposit accounts, and send this electronic cash to merchants or other consumers in order to make payments. Cash created electronically is just like cash, except there are no coins, bills, or plastic cards -- it is entirely electronic. Just like cash, electronic cash does not require the identification of a payer. This provides privacy for consumers, and eliminates fraud and identity theft, making ePocket the most cost-effective payment solution for Internet commerce. ePocket payments cost merchants less than any other payment technologies. Their extraordinary cost-effectiveness enables merchants to profitably accept very small payments of just one or two dollars . In contrast to other payment schemes, consumers do not have to open additional accounts with a payment intermediary. Consumers do not have to give up any identity or credit information in order to accomplish a payment. This makes ePocket payments completely secure and provides complete privacy for consumers. Statements contained in this news release regarding ActiveCore Technologies, Inc. (formerly IVP Technology) and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive, or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in ActiveCore's Registration Statement on Form SB-2 filed with the Securities and Exchange Commission on January 4, 2005 . Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above. Contact:
Item 3.02 Unregistered Sales of Equity Securities. On October 24, 2006, Xechem International, Inc. reached agreement with Marjorie Chassman ("Chassman") regarding a bridge loan financing, whereby Chassman agrees to loan $500,000 to Xechem, of which approximately $360,000 has been funded. The note has been negotiated to convert into shares of our common stock at $0.03 per share (approximately 16,666,667 shares, excluding interest). The note bears interest at 8% and is due May 31, 2008. Xechem may prepay the note any time within six months of receipt of the $500,000, during which six month prepayment period, Chassman agrees not to convert the note. As additional consideration for infusion of the capital and if Xechem does not repay the loan within six months of receipt of the full $500,000, Xechem will issue Chassman an additional 8,333,333 warrants, exercisable at $0.04 per share for a period of 5 years. In addition, Chassman has agreed to extend the due date on all existing notes held by the Company to May 31, 2008. The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.
The Company relied upon the exemption from registration available under Section 4(2) of the Securities Act of 1933, as amended. Chassman is an accredited investor and had access to information about Xechem.
Item 9.01 Exhibits.
(c) Exhibits.
None.
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Ex-Im Bank Facility Supports Nigerian Pharmaceutical Production to Combat Sickle Cell Anemia Posted on : Tue, 31 Oct 2006 21:21:00 GMT | Author : Export-Import Bank of the United States News Category : PressRelease
WASHINGTON, Oct. 31 /PRNewswire/ -- Companies in Florida, Georgia and Illinois are exporting equipment and services to a Nigerian pharmaceutical firm to help it in the fight against sickle cell anemia.
The exports by American Plastics Technologies, Inc., Schiller Park, Ill.; FinancialBridge, Inc., Miami, Fla.; Nitra Group, Aventura, Fla.; and Fischer Scientific Co. LLC, Suwanee, Ga., are being made possible by a $9.3 million loan guarantee from the Export-Import Bank of the United States (Ex-Im Bank). American Plastics Technologies and FinancialBridge both are small businesses.
Xechem Pharmaceuticals Nigeria Limited, Abuja, Nigeria will use the funds to build laboratories and a manufacturing plant in Abuja to develop a variety of herbal-based drugs to combat sickle cell anemia
Ex-Im Bank approved the medium-term loan guarantee under its new $300 million financing facility, allocated among 14 Nigerian banks, to support U.S. exports to Nigeria. The consolidated facility is designed to expedite the processing of short- and medium-term Ex-Im Bank financing for the purchase of U.S. goods and services by Nigerian buyers. This is the third transaction to be supported by the facility.
UPS Capital Business Credit of Hartford, Conn. is the guaranteed lender on the transaction. Two Nigerian banks included in the facility, Diamond Bank Ltd., and Access Bank Nigeria Plc., both of Lagos, are supporting the transaction by providing co-guarantees.
"This transaction will support the development of Nigeria's pharmaceutical infrastructure and at the same time create and sustain U.S. jobs at small and large businesses alike," said Ex-Im Bank Chairman and President James H. Lambright. "We look forward to the continued use of this financing facility to make possible exports to Nigeria that otherwise would not go forward, and to foster growth in Nigeria's banking sector and a wide range of Nigerian industries."
"In the past, European businesses have aggressively used government assisted financing to successfully compete against us, even though their prices are 40-50 percent higher than ours," said American Plastics CEO Dr. Rao K. Murukurthy. "Now with the help of Ex-Im Bank, we are reversing this trend and selling internationally. This project to build a pharmaceutical factory in Nigeria helps us to employ about 25 technicians and engineers for about eight months. It also helps several of our U.S. vendors to employ about 25 workers for six to eight months."
"Helping U.S. companies win global business is important to UPS Capital and in this transaction, four U.S. companies, including two U.S. small businesses, will be supported by the Export-Import Bank of the United States," said Jim Fortsch, head of ECA Finance at UPS Capital. "Since the funds provided by UPS Capital will be used to purchase plant equipment and machinery for a state-of-the art pharmaceutical facility, this project is especially rewarding."
Xechem, a wholly owned international subsidiary of Xechem International, Inc., New Brunswick, N.J., is building the pharmaceutical facilities under an agreement with Nigeria's National Institute for Pharmaceutical Research and Development and Nigeria's Ministry of Health.
Ex-Im Bank this year marks its 72nd year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world. The Bank works with commercial lenders to help U.S. companies increase export sales and American jobs and minimize risk by accessing Ex-Im Bank financing and export credit insurance.
Export-Import Bank of the United States
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SmarTire Reports 2006 Year End Financial Results 10/31/2006 Revenue Increased by 136% Over Fiscal 2005
RICHMOND, British Columbia, Oct 31, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
SmarTire Systems Inc. (OTC Bulletin Board: SMTR) reported today its financial results for the fiscal year ended July 31, 2006. The company's consolidated financial statements and all financial information contained in this release are stated in U.S. dollars and are prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP).
SmarTire reported record revenue in FY '06 of $3.5 million, compared to revenue of $1.46 million in FY '05. Net loss for the year totaled $29.4 million, compared with a net loss of $16.1 million in FY '05. The loss for the year increased significantly primarily due to non-cash interest charges of $23.2 million in FY '06, compared to $3.6 million in FY '05. Cash used to fund operating and investing activities in FY '06 was $8.1 million, compared to $6.9 million in 2005. The increase in cash used was primarily due to an increase of $0.8 million paid in interest in FY '06 over FY '05.
SmarTire President and CEO Dave Warkentin said, "We made progress this year on several fronts. Our partnership with Dana Corporation has propelled our company to a promising new level. Since signing our marketing and distribution agreement last October, Dana has represented SmarTire at numerous conferences and helped us expand our sales and distribution channels. New customers include companies such as Prevost, Camping World, Medtec, Pierce, Van Hool, Fleetwood, ABC and others. This played an important role in the 136% increase in revenue. The result is a strengthened business model that makes us optimistic about the years ahead.
"Our current plan for fiscal year 2007 is to continue to expand sales into the commercial vehicle market and achieve another year of revenue growth. As the new president and CEO, I believe the company has a bright future. We have an outstanding management team that is dedicated to building a successful business for our shareholders. Our technologies, such as the SmartWave(TM) product offerings, have been validated by a number of vehicle companies that rely on SmarTire to satisfy safety concerns and the increasing demands for wireless remote vehicle diagnostics and fleet management. I look forward to reporting future progress."
About SmarTire Systems Inc.
SmarTire develops and markets proprietary advanced wireless sensing and control systems worldwide under the SmartWave(TM) trademark. The company has developed numerous patent-protected wireless technologies and advanced tire monitoring solutions since it was founded in 1987. The company's proprietary SmartWave platform provides a foundation for the addition of multiple wireless sensing and control applications. The initial product release on the SmartWave platform is SmartWave TPMS, which leverages on the company's background and knowledge in tire monitoring solutions. SmarTire has offices in North America and Europe. For more information about SmarTire Systems Inc., visit http://www.smartire.com.
Butler National Corporation Announces FAA Group Approval for Learjet 35/36 and Learjet 23 RVSM Solution 10/31/2006 OLATHE, Kan., Oct 31, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Butler National Corporation (OTC Bulletin Board: BUKS) a leading manufacturer and provider of support systems for "Classic" airplanes, announces its subsidiary, Avcon Industries, Inc., has received FAA Group Approval for its next-generation RVSM solution in Learjet 35 and 36 model airplanes equipped with the FC-200 autopilot. This approval makes the Avcon RVSM Solution the most comprehensive in the industry, covering the Learjet 23, 24, 25, 28, 29, 35 and 36 models. Avcon also received FAA group approval for RVSM operations in the Learjet 23, the flagship of the Lear family. The Avcon Learjet RVSM solution allows these airplanes to operate with reduced vertical spacing at altitudes of 29,000 feet through 41,000 feet. The Avcon solution will also allow interface with the most advanced "glass panel" cockpit display systems. Avcon entered the Learjet 30 series RVSM market as an experienced, high-quality, cost-effective provider. There are approximately 150 Learjet 30 series airplanes flying without RVSM.
Larry Franke, President of Avcon, said, "The Avcon solution has been installed on four Learjet 35 and three Learjet 23 airplanes. Over the next couple of years, we believe an additional 50 to 100 Learjet 20 and 30 series airplanes will install the Avcon solutions. Our next-generation solution allows customers the flexibility to significantly upgrade their cockpits with top of the line avionics suites. We received significant interest at the 2006 NBAA (National Business Aircraft Association) Convention in Orlando, FL, last week. We applaud the hard work and dedication of all our employees in completing this certification effort."
Our Business:
About Avcon Industries, Inc.
Avcon Industries, Inc., a wholly owned subsidiary of Butler National Corporation, offers modification of individual and company owned business-size aircraft from passenger to freighter configuration, addition of aerial photography capability, and stability enhancing modifications for Learjet, Beechcraft, Cessna, and Dassault Falcon aircraft along with other specialized modifications.
About Butler National Corporation
Butler National Corporation operates in the Aerospace and Services business segments. The Aerospace segment focuses on the manufacturing of support systems for "Classic" commercial and military aircraft including the Butler National TSD for Boeing 737 and 747 Classic aircraft, switching equipment for Boeing/Douglas Aircraft, weapon control systems for Boeing Helicopter and performance enhancement structural modifications for Learjet, Cessna, Dassault and Raytheon business aircraft. Services include electronic monitoring of water pumping stations, temporary employee services, Indian gaming services and administrative management services.
Forward-Looking Information:
The information set forth above may include "forward-looking" information as outlined in the Private Securities Litigation Reform Act of 1995. The Cautionary Statements, filed by the Company as Exhibit 99 to the Company's Annual Report on Form 10-K, are incorporated herein by reference and investors are specifically referred to such Cautionary Statements for discussion of factors, which could affect the Company's operations, and forward-looking statements contained herein. These Risk Factors are also listed in Part I Item 1A of the Company's Annual Report on Form 10-K.
FOR MORE INFORMATION CONTACT: Craig Stewart, Investor Relations Phone (214) 498-7775 Butler National Corporation Fax (913) 780-5088 19920 W. 161st Street Olathe, KS 66062
Jim Drewitz, Public Relations Phone (972) 355-6070 Creative Options Communications jdrewitz*comcast.net
Craig Stewart, Investor Relations of Butler National Corporation, +1-214-498-7775, or fax, +1-913-780-5088; or Jim Drewitz, Public Relations of Creative Options Communications, +1-972-355-6070, or jdrewitz*comcast.net , for Butler National Corporation http://www.butlernational.com Copyright (C) 2006 PR Newswire. All rights reserved
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NUTRA PHARMA CORP Nutra Pharma Adopts Famous 2-Headed Snake of St. Louis' World Aquarium 10/31/2006 BOCA RATON, Fla., Oct 31, 2006 (BUSINESS WIRE) --
Nutra Pharma Corp., (OTCBB:NPHC) a biotechnology company that is developing drugs for HIV and Multiple Sclerosis (MS) has announced today that it has adopted the 2-headed albino rat snake, named "WE", from St. Louis' World Aquarium. WE became famous in 2006 for being offered online at auction for $150,000.
"We are honored to help support the World Aquarium by adopting WE," commented Rik J. Deitsch, Chairman and CEO of Nutra Pharma Corporation. "Our support will help continue to educate the public about the importance of conservation and researching the natural world," he added.
Nutra Pharma is currently developing breakthrough scientific treatments for MS, HIV/AIDS, and Adrenomyeloneuropathy (AMN) using modified cobra venom and cobratoxin. The company has recently announced it has received final approval to begin a Phase IIb human clinical trial for the treatment of AMN.
"Nutra Pharma is the perfect adopter for WE," explained Leonard Sonnenschein, President of the World Aquarium. "The important research on snake venom being conducted by Nutra Pharma scientists will ultimately help millions of people around the world. This is just one of the many reasons why we need to focus on conserving the environment and educating others about the importance of nature and the resources it provides," he concluded.
Although terms of the agreement were not disclosed, the funding provided by Nutra Pharma will be used to directly support educational and conservation initiatives provided by the World Aquarium (www.WorldAquarium.net) and the Concert for the Oceans (www.ConcertfortheOceans.org).
About Nutra Pharma Corp.
Nutra Pharma Corp. is a biopharmaceutical company specializing in the acquisition, licensing and commercialization of pharmaceutical products and technologies for the management of neurological disorders, cancer, autoimmune and infectious diseases. Nutra Pharma Corp. through its subsidiaries carries out basic drug discovery research and clinical development and also seeks strategic licensing partnerships to reduce the risks associated with the drug development process. The Company's holding, ReceptoPharm, Inc, is developing technologies for the production of drugs for HIV and Multiple Sclerosis ("MS"). The Company's subsidiary, Designer Diagnostics is engaged in the research and development of diagnostic test kits designed to be used for the rapid identification of infectious diseases such as Tuberculosis (TB) and Mycobacterium avium-intracellulare (MAI). Nutra Pharma continues to identify and acquire intellectual property and companies in the biotechnology arena.
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in Nutra Pharma's ("the Company") business plan. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The agreement with the World Aquarium should not be construed as an indication in any way whatsoever of the value of the Company or its common stock. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
SOURCE: Nutra Pharma Corp.
Nutra Pharma Corp. Investor Relations David Isserman, 877-895-5647 IR*nutrapharma.com Copyright Business Wire 2006
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PhotoChannel Networks Inc.: 1 for 10 Share Consolidation 10/31/2006 VANCOUVER, BRITISH COLUMBIA, Oct 31, 2006 (MARKET WIRE via COMTEX News Network) --
PhotoChannel Networks Inc. (TSX VENTURE: PNI)(OTCBB: PHCHF) ("PhotoChannel" or "Company"), the leading innovator in online digital media solutions for retailers wishes to advise that it will implement the consolidation of its commons shares on a ten (10) old common shares for one (1) new common share basis. The Company's new common shares will be posted for trading at the open on Thursday, November 2, 2006, on a consolidated basis under the trading information set out below.
Symbol: PN
Cusip No.: 719316200
If, as a result of the consolidation, a holder becomes entitled to a fraction of a consolidated common share, an adjustment will be made by rounding to the nearest whole common share.
The Company will be mailing letters of transmittal to holders of common shares on or about November 1, 2006, requesting them to forward their pre-consolidated share certificates to Computershare Investor Services Inc. in Toronto in exchange for new share certificates representing the appropriate number of post-consolidated shares.
"The Company has considered the consolidation of its common stock for some time" says Peter Fitzgerald, Chairman and CEO of PhotoChannel. "We believe that given the Company's strong balance sheet and its continued growth that it is in the Company's shareholders best interest to now implement this capital restructuring."
About PhotoChannel- Founded in 1995, PhotoChannel operates PNI Digital Media to provide services for major retailers, wireless carriers and content providers. The PNI Digital Media Platform connects consumer ordered digital content with retailers that have on demand manufacturing capabilities for the production of merchandise. Currently PNI Digital Media generates transactions for retailers and their thousands of locations across North America, including Wal-Mart Canada, CVS/pharmacy, Eckerd Drugs and Costco Canada. For more information please visit www.pnidigitalmedia.com.
Contacts: PhotoChannel Networks Inc. Mr. Robert Chisholm (604) 893-8955 ext. 224 Email: rchisholm*photochannel.com PhotoChannel Networks Inc. Investor Information (800) 261-6796 Website: www.pnidigitalmedia.com
U.S. Microbics CEO Optimistic About Future 10/31/2006 Answers Questions and Concerns from Shareholders and Investors
CARLSBAD, Calif., Oct 31, 2006 (BUSINESS WIRE) --
Robert Brehm, President and CEO of U.S. Microbics, Inc. (OTCBB:BUGS) (BCN:615212), an innovative environmental products and services company, was recently interviewed by shareholders and potential investors desiring to learn more about the company's current status and future potential. In the interview Brehm expressed his optimism about the future prospects of U.S. Microbics and its operating subsidiaries based upon the recent increase in contract authorizations and business accomplishments in Mexico made during FY 2006 and 2007. This press release serves to update all interested parties about the company.
Q. Bob, it appears that BUGS has gone through significant change in 2006. Can you briefly describe some of these key changes and their effects?
A. FY 2006, ending on September 30, has been a year of focus on our mission to utilize our technology and professional services to create jobs, attract foreign investment and clean up the environmental problems for the people of Mexico. Through our environmental cleanup subsidiary, Sub-Surface Waste Management (SSWM), we have successfully crafted a unique business relationship with the heads of state governments, the national university, and various federal regulatory agencies to navigate its Mexico subsidiary company, Environmental Tec International, S.A. de C.V. (ETI) toward becoming a leading environmental service provider throughout the country using the BUGS cleanup technology. The effect of this refocusing effort has generated the highest authorized contract backlog in the company's history as an environmental firm with substantial growth anticipated in the future after the new president and legislators take office in December.
Q. Tell us about the core business accomplishments in 2006 and how they will affect future revenue and earnings?
A. BUGS' major revenue generating subsidiary is SSWM, our environmental engineering company, and its Mexico operating subsidiary, ETI with offices in Mexico City and projects in Torreon, Puebla and Yucatan. ETI has an exclusive arrangement for its projects to provide environmental services with the National Autonomous University of Mexico (UNAM) an entity of the Federal Government. Coupled with top down political access and our proven yet protected technology we are today in the enviable position of becoming the dominant player in our field in this burgeoning new market for environmental services.
Our business model in Mexico means we promote and identify needed and sustainable environmental service solutions for Federal entities and State and City Governments and then bring our UNAM partnership into play with UNAM as the 'prime contractor.' ETI in partnership with UNAM has its engineer's scope, design and cost the remedy required by the project assignment, which subsequently becomes our working 'sub contract' with UNAM with milestone tasks and objectives that are invoiced as the work is completed. UNAM marks-up our subcontract and this becomes the master contract with the client. Our working relationship with the Federal Electricity Commission (C.F.E.), the world's largest electric company, uses this business model which has resulted in recent contract authorizations of over $5.1MM.
Q. Can you comment on FY 2006 results?
A. Our fiscal year ends on September 30 and we are currently preparing for our annual audits for SSWM and BUGS and expect to release the audited results in January. However preliminary numbers are close to the expected revenues for SSWM/ETI as it has successfully transitioned from working on projects from US clients with Mexico operations directly to contracts with Mexico state government agencies. This significant change in clients has resulted in revenues of approximately fifty percent of the prior year but has also yielded a record-breaking authorized contract backlog of over $7.1MM as of today which could make FY 2007 our best year yet as an environmental company. Our successful business development efforts have also created a substantial pending contracts backlog for emergency response centers and landfill work in several states awaiting the approval of new state and federal legislatures to be installed in December of this year.
Q. What do you see as the major opportunities in Mexico and when do you think SSWM/ETI will begin to realize results? Are the risks and profits worth the effort?
Mexico is a wonderful country of opportunity for environmental services now that they must meet the same environmental standards as the US under a sidebar NAFTA agreement. SSWM/ETI has forged significant political relationships with various state governors and has embarked on a campaign to not only assess and cleanup environmental problems but also to install new governmental infrastructure for pollution discharge permitting, health risk assessment from chemical discharges and emergency response centers for contaminant discharges.
Many of the environmental infrastructure changes require political interaction, discussion and agreement as SSWM/ETI has spent considerable time and resources to establish political relationships with state governors and federal agency officials to craft new policy guidelines for the implementation of environmental infrastructure which will create new jobs, attract foreign investment, and cleanup major environmental problems affecting many people in Mexico.
SSWM/ETI is beginning to see the fruits of their labor from FY 2006 as new contract authorizations continue through FY 2007 from CFE ($5.1 MM), and the State of Puebla ($2 MM) with another $1.8MM pending and expected before the end of 2006 from Puebla. The ERC project in Veracruz awaits the approval of the new legislators to be installed December 1 and the Tlaxcala landfill project is pending approval of the governor and the landfill siting report authorization.
Although there is great business opportunity in Mexico for high revenue and gross profits, there are also risks involved with significant time delays, political relationship building, and government bureaucracy. However the proactive stance of certain governors and federal officials who foresee the development of a new environmental industry to create new jobs and economic prosperity as well as cleanup the environmental problems plaguing the people for many years, provides a significant opportunity for SSWM/ETI to utilize their technology and services to increase shareholder value in a short period of time.
Q. Bob have you investigated other business opportunities that could use the BUGS technology to generate revenue and to augment the SSWM/ETI activities?
A. BUGS continues to look at business opportunities for its technology. Currently under consideration and investigation are several promising projects including:
Alternative energy using bio-digesters with bugs for methane gas production from animal wastes to generate electrical power.
Plant growth enhancement for bio-fuels such as sugar cane and corn used for ethanol production - currently looking at alternatives in Mexico and elsewhere - remember we had a 38% increase in sugarcane yields using our bug technology, less water and no fertilizer and that may come in very useful since ethanol is in a shortage position in the US.
Use of our existing laboratory and fermentation facility for third party use and our FDA soil testing lab for third party products. We are currently looking into equipment and manpower requirements and revenue potentials for our fermentation subsidiary.
We are now formulating and creating product packaging for the Bi-Agra(TM) agriculture growth enhancement and soil amendment product line including Too Tall Tomatoes(TM) and other products. We expect product information and beta testing from a collaborative network of shareholders and friends of BUGS to be announced this quarter.
Q. Bob, with all these accomplishments why is the stock price at a historical low? Why is it not reflecting the true value of BUGS?
A. BUGS stock price doesn't necessarily indicate the future prospects of the company. When you have more buyers than sellers, or stock shorters, then you have a stock price that is increasing. Yes our stock price is lower and yes we have had to issue a lot of shares at this lower price to continue our business development in Mexico but our sacrifice is paying off as we have a significant authorized contract backlog and the SSWM balance sheet had a healthy cash position at fiscal year end. I personally have bought a lot of BUGS and SSWM stock this year as I am a firm believer in the direction we are moving and the results we are achieving with the opportunities in Mexico. Savvy investors should do their own due diligence and determine if they should accumulate BUGS and SSWM stock at these historical low levels for future appreciation.
I should also add that BUGS has no plans for a stock reverse at this time as our analysis shows that our expected Mexico business in 2007 and beyond could contribute significant earnings for higher stock prices and cash flow for possible buyback programs.
Q. Bob, there is a lot of scuttlebutt on the chat rooms and investor boards about BUGS and SSWM, could you comment?
First of all I don't consider the chat rooms and boards like Raging Bull creditable sources of company information as many of their posters have their own personal agendas, often fabricate messages using multiple usernames or interpret company results for their own personal spin. I do not personally post on Raging Bull but have participated in a German chat room because of a good following of German shareholders who are genuinely interested in the forward progress of BUGS. We also have some Brazilian shareholders and we have created a Portuguese section of our website for them. I do answer emails from shareholders regularly as far as it concerns public information from our press releases or filed financial reports. Many shareholders have also suggested business opportunities which we do follow up. Potential investors and existing shareholders should consider a variety of sources before investing including the company websites, SEC filings and other pertinent information suitable to them.
Q. Bob, where do you see the company going from here?
A. We have made solid progress in 2006 - record contract authorizations in Mexico, major pending contract proposals for Emergency Response Centers, landfill operations, health risk assessments, and new permitting infrastructure. We have set the foundation for achieving positive cash flow in 2007 as we start these projects and generate the revenue and collect proceeds as task milestones are met. I congratulate our management team for going the extra mile and achieving extraordinary accomplishments in record time on a limited budget.
When investors discover BUGS and SSWM and complete their due diligence, I think they will find a company on its way to becoming a major player in the environmental industry of developing nations using environmental technologies to drive job creation, economic prosperity and cleaner living conditions for their people.
About U.S. Microbics Inc.
U.S. Microbics is a business development and holding company that acquires, develops and deploys innovative environmental technologies for environmental cleanup and agriculture yield enhancement using local resources and stimulating regional economies in developing nations.
ACTIVECORE TECHNOLOGIES ActiveCore Reduces Debt and Solidifies Payment Technology Direction 10/31/2006 TORONTO, Oct 31, 2006 (MARKET WIRE via COMTEX News Network) --
ActiveCore Technologies, Inc. (OTCBB: ATVE), a Company that now operates as a payment technology solution provider, has filed an S8 that will convert 1.7 million USD of debt into equity and position the Company to execute an aggressive payment technology market entry strategy.
Peter Hamilton, ActiveCore CEO, stated, "The significant restructuring required to convert ActiveCore into a pure play payment technology solution provider has resulted in a reduction of staff, facilities and existing revenue. These changes have resulted in the crystallization of direct labor, legal and consulting costs that must be dealt with now to position the Company for success in the payment technology market. Therefore, I felt that it was appropriate to inform shareholders that an S8 has been filed and that common shares have been issued to convert the costs associated with this restructuring into equity. This reduction of debt will also allow the use of funds from new sources to be used to support the growth of ActiveCore in the payment technology market."
ActiveCore/GSPS Status
The Company has made a commitment to focus all of its resources and energy on becoming a successful payment technology solution provider. The planned acquisition of GSPS, the UK parent company of ePocket, has recently been approved by the Boards of both GSPS and ActiveCore and the Companies expect to sign a binding Purchase and Sale agreement by the end of October 2006. Completion of the GSPS acquisition will provide ActiveCore with a very exciting next-generation payment technology solution for the world wide web.
ePocket Marketing Update
GSPS has completed Version 1.1 of the ePocket product and is now ready to implement the technology. ActiveCore has supported GSPS in its marketing efforts and has consulting agreements in place with both North American and European parties to assist GSPS in finding a strategic partner that is willing to invest both time and money to implement the ePocket technology. With several initiatives underway, GSPS believes they will secure such a partner/customer in the very near future.
Conclusion
Mr. Hamilton stated: "The significant debt reduction achieved as a result of the S8 removes a huge burden from the Company and will allow the new management team that will result from the merger with GSPS to focus its energy and spending on generating success in the payment technology market rather than cleaning up past debts."
As stated in a previous press release: "Our initial investment in ePocket was predicated on the belief that ActiveCore would benefit, not only from an incredible investment in a revolutionary payment technology, but more importantly, would create a strategic relationship with ePocket, who would inevitably require an integration specialist for their technology. We are now at the point where the acquisition of GSPS/ePocket will complete our move into the payment solution provider marketplace and allow us to grow into a successful public company."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit ActiveCore IR Hub located at http://www.Agoracom.com/IR/ActiveCore. Alternatively, investors can e-mail AGORA Investor Relations directly at ATVE*Agoracom.com.
About ActiveCore Technologies, Inc. (http://www.ActiveCore.com)
ActiveCore Technologies, Inc. now operates as a payment technology solution provider. Our products encompass web portals, enterprise middleware, mobile data access, data management, and system migration applications. The Systems Integration & Modernization Division of ActiveCore operates under the trade names of CRATOS, MDI Solutions. The Corporate Disclosure and Messaging Division of ActiveCore operates under the trade names C Comm Network Corporation, DisclosurePlus, and ActiveCast. ActiveCore services clients in healthcare, financial services, government, and manufacturing worldwide.
About GSPS/ePocket Inc. (http://www.ePocket.com)
GSPS/ePocket brings true electronic cash to the world for the first time, making purchases over the Internet as secure and simple as handing cash to a clerk in a store. ePocket enables banks to provide their customers with the ability to withdraw electronic cash in any currency from their regular deposit accounts, and send this electronic cash to merchants or other consumers in order to make payments. Cash created electronically is just like cash, except there are no coins, bills, or plastic cards -- it is entirely electronic. Just like cash, electronic cash does not require the identification of a payer. This provides privacy for consumers, and eliminates fraud and identity theft, making ePocket the most cost-effective payment solution for Internet commerce. ePocket payments cost merchants less than any other payment technologies. Their extraordinary cost-effectiveness enables merchants to profitably accept very small payments of just one or two dollars. In contrast to other payment schemes, consumers do not have to open additional accounts with a payment intermediary. Consumers do not have to give up any identity or credit information in order to accomplish a payment. This makes ePocket payments completely secure and provides complete privacy for consumers.
Statements contained in this news release regarding ActiveCore Technologies, Inc. (formerly IVP Technology) and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive, or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in ActiveCore's Registration Statement on Form SB-2 filed with the Securities and Exchange Commission on January 4, 2005. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.
Press Release Source: U.S. Sustainable Energy Corp.
U.S. Sustainable Energy Corp. Announces Stock Symbol Change to "USSE" Wednesday November 1, 8:00 am ET
NATCHEZ, MS--(MARKET WIRE)--Nov 1, 2006 -- U.S. Sustainable Energy Corp. (Other OTC:LFZA.PK - News) (Other OTC:USSE.PK - News) announced today that its stock symbol has changed to USSE effective immediately. Furthermore, the company announced its name has officially been changed to U.S. Sustainable Energy Corp. with the State of Nevada. ADVERTISEMENT
John Rivera, CEO of USSEC stated, "After completing our recently announced entry into the public marketplace through our reverse merger with Laforza Automobiles, we immediately filed the necessary paperwork with the State of Nevada and the NASDAQ to change our name and symbol. We are extremely pleased to announce this development which is reflective of our business and corporate strategy."
About U.S. Sustainable Energy
USSEC holds patent pending technology for a new breakthrough biofuel and carbon based fertilizer. USSEC has successfully demonstrated the most cost effective method of producing biofuel estimated at $.50/gallon according to exhaustive studies and independent Lab confirmation. The company has developed the process, units and catalyst that will transform agricultural biomass into biofuel and fertilizer. This technology offers a solution for foreign oil dependence, balancing industrial and agricultural concerns with environmental issues and stabilizing and eventually reversing global greenhouse gas emissions. USSEC's research and development has successfully demonstrated the core technology in its fully functional facility located in Port Gibson, MS. The company is currently pursuing fully scalable implementation and deployment at further locations. Unlike other biomass gasification, the USSEC process can operate at a variety of scale, converting even waste biomass into fuel and fertilizer. The fuel produced will ultimately be more valuable than ethanol or methanol, and the USSEC process can convert biomass materials at an efficiency that cannot be matched by currently planned operations. In addition, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the USSEC process restores and enhances soil mineral and carbon content. As a direct result of this revolutionary approach to integrated energy and fertilizer production from biomass, the USSEC process effectively removes Greenhouse Gases from the atmosphere, and can do so profitably before the value of Green Certificates and Carbon Credits are considered.
For further information on the company, please visit www.ussec.us
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eCarfly, Inc. Releases Updated Information to Shareholders 11/01/2006 06:00 eCarfly, Inc. (Pink Sheets: ECFL) is keeping the investors updated with current business activity while Attorney Due Diligence continues. eCarfly, Inc. continues with normal business operations and asks shareholders for their patience during this lengthy, but diligent process. Attorneys for multiple parties are doing routine investigations to clarify that the capital structure, assets/liabilities and other financials are in order.
Desmond Milligan, CEO of eCarfly, stated, "I completely understand everyone's eagerness for the merger to consummate. As the CEO of eCarfly, I'm doing everything in my power that will lead our company in the right direction. My goal is to reward the shareholders who have stood behind this company through our infancy stages as well as the continued support as we journey through this process together."
About eCarfly, Inc.
eCarfly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. eCarfly is currently focusing on online vehicle auctions, industrial equipment, aircraft, personal watercraft auctions, and partnerships with companies and private individuals interested in selling their personal vehicles.
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Press Release Source: Lifeline Biotechnologies, Inc.
Lifeline Biotechnologies, Inc. Reports Operating Profits in Excess of $2,000,000 for the First Three Quarters of 2006 Wednesday November 1, 8:31 am ET
RENO, NV--(MARKET WIRE)--Nov 1, 2006 -- Lifeline Biotechnologies, Inc. (Other OTC:LBTN.PK - News) today announced that the Company has reported operating profits of $2,012,098 for the first three quarters of 2006. Lifeline Biotechnologies' unaudited financial statements also show revenues of $2.7 Million, which were generated by the sale of Lifeline's medical products to Solos Endoscopy and other operating sources. Lifeline Biotechnologies received Solos Endoscopy (Other OTC:SLSE.PK - News) common stock in exchange for the Company's medical products line. Lifeline recently distributed approximately 13 million shares to qualified (record date 8/18/06) owners of LBTN common stock. Earlier this year, Lifeline Biotechnologies changed its business strategy to include opportunities beyond the medical industry and began to focus on acquiring interest in the Alternate Energy Field.
"This is an exciting day for our Company and our shareholders, as we realize a significant growth in profits, as a result of our years of hard work and commitment. We will continue to seek out revolutionary new medical and alternative energy companies that we can invest in and benefit from," stated Jim Holmes, CEO of Lifeline Biotechnologies, Inc.
Lifeline Biotechnologies, Inc. recently announced that it received approximately 8.3 million shares of TrendSetter Solar Products (Other OTC:TSSP.PK - News) which represents more than $400,000 in total value which will be added to the company's balance sheet. The acquisition of TrendSetter Solar Products is part of Lifeline's strategy to increase shareholder value by improving its asset valuation and the potential of issuing dividends to its shareholders.
About Lifeline Biotechnologies, Inc.:
Lifeline Biotechnologies develops and acquires undervalued companies which have innovative technology in the medical, nutraceutical, and energy industries, to increase the growth of the Company. Lifeline Biotechnologies continues to seek out and capitalize on emerging technologies that will change the medical, nutraceutical, and energy community. More information is available at the company's website: www.lbtn.com.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: CONTACT: Lifeline Biotechnologies, Inc. Investor Relations 407-884-0444 or 1-866-THE-APPLE
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Eternal Image Hires James R. Parliament as Chief Financial Officer Nov 1, 2006 9:00:00 AM FARMINGTON HILLS, MI -- (MARKET WIRE) -- 11/01/06 -- Eternal Image, Inc. (PINKSHEETS: ETIM), a public company engaged in the design, manufacturing and marketing of customized designer caskets and urns, today announced the hiring of the company's first chief financial officer (CFO), James Robert Parliament.
"Jim comes to us with a strong background in finance and analysis along with a solid understanding of technology and supply chain management, which is a great mix for a growing manufacturing firm," said Clint Mytych, president of Eternal Image. "As we prepare to move from The Pink Sheets to the OTC Bulletin Board, Jim's financial guidance will be a tremendous asset."
Mr. Parliament joins Eternal Image from Ford Motor Company in Dearborn, Michigan, where he serves as a Senior Solutions Architect and Project Manager. At Ford he develops and manages large financial management applications. Previous to that he was employed for more than a decade at IBM in New York, most recently as a Senior Technology Consultant, designing and implementing several large Enterprise Systems Management applications.
Earlier in his career he served as Systems Manager at Roadway Logistics Systems in Akron, Ohio and as a Financial and Systems Analyst with Metropolitan Life Insurance Company in Southfield, Michigan.
Mr. Parliament earned an MBA from Lawrence Technological University in Michigan and a Bachelor's Degree in Financial Management from Bob Jones University in South Carolina.
He resides in Wixom, Michigan with his wife and three children and is a certified technology consultant, a published author and speaker.
SAFE HARBOR
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.
Contacts:
Investor Relations: Peter McGoldrick Integrity IR Services 516/825-6516 integrityir*optonline.net
Media Relations: Robbie Tarpley Raffish a.s.a.p.r. 410/430-9705 Robbie*asapr.com
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Press Release Source: Homeland Security Capital Corporation
Homeland Security Capital Corporation Announces Plans for Reverse Stock Split and Application for Nasdaq Listing Tuesday October 31, 9:03 am ET
ARLINGTON, Va., Oct. 31 /PRNewswire-FirstCall/ -- Homeland Security Capital Corp. (OTC Bulletin Board: HMSC - News) announced today that its board of directors has authorized a reverse stock split of its common stock to allow the company to qualify for listing of its common stock on the Nasdaq Capital Market (formerly known as the Nasdaq SmallCap Market). The reverse split will take effect no later than March 31, 2007 with a record date to be announced. Upon the effect of the reverse split, the company intends to immediately file an application with Nasdaq. The authorized reverse split ratio will be within the range of 1-for-200 to 1-for-1,000. ADVERTISEMENT
The reverse split would affect all the shares of common stock, both authorized and issued, including shares underlying stock options, warrants and any instruments convertible into common stock. The company will not issue any fractional shares of its new common stock as a result of the reverse split. Instead, the company will pay cash for the value of the fractional shares to the holders thereof.
C. Thomas McMillen, chairman and CEO of Homeland Security Capital Corp., said, "We believe the reverse split will have the effect of increasing both the visibility and marketability of our stock to potential new investors and should give institutional investors the ability to hold our shares as we continue to pursue our business strategy."
About Homeland Security Capital Corporation
Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows. For more information, visit http://www.hscapcorp.com.
For investor relations information regarding Homeland Security Capital, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com. An online investor kit including 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.
Forward-looking statement: This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
Company Contact: Homeland Security Capital Corp. C. Thomas McMillen (703) 528-7073 tmcmillen*hscapcorp.com
Investor Relations: Hawk Associates Inc. Frank Hawkins or Julie Marshall (305) 451-1888 info*hawkassociates.com
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Unico, Inc. Reports Additional Reconstruction of the Mill and Processing Facility at the Deer Trail Mine Wednesday November 1, 9:00 am ET
SAN DIEGO, CA--(MARKET WIRE)--Nov 1, 2006 -- Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced additional progress on reconstruction at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. A new photo gallery showing the recent construction has been added to the "Media" section Unico website at www.unicomining.com/news/othermedia.php. Among the pictures added to the new reconstruction photo gallery are several that show placement and assembly of equipment at the facility, construction of a new building that will house the thickener tanks and filtration, surveying of the existing tailings pond, and installation of electric and control panels for the facility.
Jean Duvall, the millwright contracted to inspect the ball mill and supervise improvements, is on site to oversee the parts installation and completion of the ball mill. New rubber ball mill liners, which replaced the worn-out steel liners, were fabricated, delivered to the site and will be installed by representatives from Weir Minerals North America Rubber Engineering (www.weirminerals.com) who are also now on site at the Deer Trail property. Rubber liners tend to last two to three times longer than steel liners and will provide several additional advantages, including an expected 15% reduction of the company's electric bill and allow the ball-mill to run much more quietly, enhancing mill communications and the environment.
ADVERTISEMENT
The screening of stockpiled material at the upper Deer Trail Mine is continuing, and the screened material is being moved to the mill in preparation for further processing. The stockpiled material comes from approximately 20,000 tons of material, which was mined over several decades in the first half of the 20th century. In total, the company has identified approximately 80,000 tons of material from this area, which it plans to screen and process at the Deer Trail mill facility. Historically, the material mined in this area has contained economical values of both gold and silver.
Both the screening operations and the reconstruction of the mill and processing facility is being undertaken so that Unico's wholly owned mining subsidiary, Deer Trail Mining Company, Inc. can begin processing the stockpiles of material on site and start producing concentrates to sell in fulfillment of a five-year purchase contract with PGM, LLC, a private subsidiary of Polymet Corporation.
"The upgrades being made to the mill and processing facility at the Deer Trail Mine are expected to improve the facility's efficiency and performance by removing outdated equipment and parts and replacing them with technologically superior ones," stated Mark A. Lopez, chief executive officer of Unico, Inc. "We are pleased with the reconstruction efforts thus far and are looking forward to the completion of the mill facility and establishing revenues from its operation."
Shareholders who would like to sign up to receive information by email directly from Unico, Inc., particularly when new press releases, SEC filings or other information is disclosed, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php.
About Unico, Inc.
Unico, Inc. (OTC BB:UCOI.OB - News), is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has recently announced agreements to acquire over 70 additional mining claims. For more information, please visit www.unicomining.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.
Contact: Contacts: Gemini Financial Communications for Unico, Inc. A. Beyer 951-587-8072 Email Contact http://www.unicomining.com
Complete Care Medical Announces a Record Month and Will Be Featured on Business Talk Radio, the "Equity Strategies Show"
Market Wire "US Press Releases "
HOUSTON, TX -- (MARKET WIRE) -- 11/01/06 -- Complete Care Medical, Inc. (PINKSHEETS: CCMI) announced a record month for new business and revenues for the month of October. Complete Care will be featured on Equity Strategies, a talk radio program on Business Talk Radio. Equity Strategies will be taped on November 2, 2006 and will air Saturday, November 4th at 10:00 pm Eastern Standard Time and will be archived at www.businesstalkradio.net for the next four weeks. Listen to a live broadcast with J.P. Monteverde, President and CEO of Complete Care Medical, Thursday November 2, 2006, at 8:30 am Eastern Standard Time on Stu Taylor on Business at www.wbix.com. The program offers a unique look into the operations and future plans of Complete Care Medical, and will be broadcast throughout New England, Chicago, Philadelphia and Pittsburgh.
"We recently completed a record month in revenue and business shipped. Our company is beginning to hit on all cylinders and we expect to set records for sales and growth in the month of November. We are excited to have the exposure with Stu Taylor and Equity Strategies. It is an excellent avenue for conveying our current successes and future plans," said J.P. Monteverde III, President and CEO of Complete Care Medical, Inc.
Complete Care Medical, Inc. is goal oriented to provide cost effective direct-to-consumer medical products and services that maximize revenue opportunities for its partners and shareholders. The company is currently working on launching new divisions designated to deal with disease specific illnesses in the United States and South America.
About Complete Care Medical Inc.
Through its subsidiaries, Complete Care Medical, Inc. provides patients in all 50 states with lower cost alternatives for disease management, medical supplies and prescription pharmaceuticals. In addition, Complete Care Medical's discount services and medication program offer healthcare payers, healthcare providers, healthcare professionals and patients with easy access to utilization and compliance data in order to improve patient outcomes and improve quality of life. Website: www.ccmedicalinc.com
Forward-Looking Statements: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties.
All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
Contact: Martin McIntyre Market Ideas, Inc. Telephone: 877.295.3981 ext. 2 Email: marketideas**********
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NEW YORK, Nov 01, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (PINK SHEETS: FGFC), a Financial Holding Company specializing in short term high yield commercial real estate financing, leasing & business financing today announced that they have retired/returned the first block of 100 million common shares back to the company's Transfer Agent. That the company sent, via federal express yesterday the certificates for delivery today.
The company's Transfer Agent Computershare has informed us that they will try and have the retired share reduction on record by Friday of this week as it usually can take up to 10 days to be reflected in the system. The company anticipates within the next couple of weeks to retire an additional large block of shares as it completes its previously announced buyback.
"We have decided to retire this block of shares at this time contrary to previously announced plans to retire the entire amount of shares at one time, to show our shareholders our good faith efforts and intentions. We apologize that the buyback has not gone as fast as we anticipated as the lack of volume has not allowed us the ability to acquire the shares that we would like on the open market as fast as we thought; however, we will get it done very soon," said Abraham Rosenman, President.
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE: First Guardian Financial Corporation
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Alienware Orders Phantom(R) Lapboard Wednesday November 1, 8:00 am ET Alienware To Offer Phantom Wireless Lapboard With Media Center PCs
SEATTLE--(BUSINESS WIRE)--Phantom Entertainment, Inc., (OTCBB: PHEI - News), announced today that Alienware® -- the leading manufacturer of high-performance desktop, notebook, media center and professional systems -- has ordered the Phantom® Wireless Lapboard and Phantom Wireless Laser Mouse for their Media Center PCs and its PC gear product line. ADVERTISEMENT
"Alienware's Media Center PC together with the Phantom Wireless Lapboard will allow users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace," said Greg Koler, President and CEO of Phantom Entertainment, Inc.
"Our Phantom Lapboard is designed to be an ultimate wireless solution for home entertainment centers," Koler said. "We look forward to working with Alienware to enhance the entertainment center experience in living rooms and other comfortable lifestyle settings."
"Alienware's Media Center PCs dramatically enhance every aspect of the multimedia experience by improving ease of use, expanding users' range of capabilities, and advancing multimedia technology to extraordinary new heights," said Frank Azor, Senior Vice President and General Manager for Alienware Worldwide Product Group. "Implementing the Phantom Wireless Lapboard as part of our Media Center solutions is an important extension of these key features, providing users with a convenient, flexible way to both work and have fun without being tied to a desk."
The Phantom Wireless Lapboard and Phantom® Wireless Laser Mouse are a combination wireless keyboard, laser mouse and hard surface that enables users to work or play games from a couch, easy chair or any comfortable setting in the home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, and a wireless high definition 1200 dpi laser mouse. The Lapboard's innovative design features a keyboard that rotates 360 degrees to accommodate left or right handed users and inclines on a 22 degree angle with a hard surface below for the Phantom Wireless Laser Mouse. The Phantom Lapboard's interchangeable key-face technology is designed for game-specific and business software applications on PC and Apple Mac platforms.
About Alienware
Alienware offers unique and award-winning technology products that incorporate state-of-the-art components, innovative engineering and design, and unprecedented customer service. Alienware has been recognized by INC 500, won the Shoppers' Choice Award as the Best Performance Desktop by Computer Shopper's reader survey, had its Alienware Area-51 ranked among "The 25 Greatest PCs of All Time" by PC World and also received PC Magazine's Reader's Choice Award in its 18th Annual Reader Survey. Alienware systems are available direct within the United States, Europe, Australia, and New Zealand. For more information, please visit www.alienware.com or call 1-800-ALIENWARE (254-3692).
About Phantom Entertainment
Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface. The Company is in the development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit www.phantom.net.
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 involved 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.
Contact: Phantom Entertainment Greg Koler, 206-447-1443 pr*phantom.net
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11/01/2006 10:02 HOUSTON, TX -- (MARKET WIRE) -- 11/01/06 -- Quantum Bit Induction Technology Inc. (PINKSHEETS: QBIT) has received the 1st contract payment from Remington Ventures, Inc. This payment is part of an agreement finalized in September between the two Corporations.
Remington purchased certain rights to a QBIT project in the spring of 2005.
"Remington has been very helpful with the financial support needed to develop specific elements of the Programmed Trading Project," explained QBIT President Mike Skillern. "We are pushing the technological envelope in several directions at once on this project. Knowing that Remington's support is there has given us the luxury of utilizing far more direct approaches."
For more information on QBIT and its projects visit our website at www.quantumbit.com.
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.
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
PayPro, Inc. Forms PayPro Latin America, S.A. to Coordinate Panama Canal Project
DALLAS, Nov 01, 2006 (BUSINESS WIRE) -- PayPro, Incorporated forms PayPro Latin America, S.A. PayPro, Inc. announces the formation of PayPro Latin America, S.A. a Panamanian corporation that will coordinate between PayPro, Inc and the Panama Canal Expansion Program and other related projects and developments. PayPro Latin America, S.A. will be capitalized at $1,000,000.00 dollars US.
PayPro Latin America, S.A. was formed to coordinate all infrastructure projects and developments in Latin America, through Panama, which includes all micro forest and CO2 carbon neutrality programs, "A family's way to gain carbon (CO2) neutrality status."
PayPro, Inc. and PayPro Latin America, S.A. will release more announcements in the next few weeks as they develop.
About PayPro Incorporated:
PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows:
Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
SOURCE: PayPro, Inc.
CONTACT: PayPro, Inc. Mike Terrell, 214-774-4870
Copyright Business Wire 2006
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MXXR -- Matrixx Resource Holdings, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Matrixx Resource Holdings, Inc.: Drilling to Begin at Sandy Point
LOS ANGELES, CALIFORNIA, Nov 1, 2006 (CCNMatthews via COMTEX) -- Matrixx Resource Holdings, Inc. (OTCBB:MXXR) announced today that drilling on the Sandy Point Prospect, located in Brazoria County, Texas, is expected to commence within the next two weeks. The Company was notified yesterday by the operator, Sunray Operating Company, LLC, that it has secured a drilling rig. Additionally, Sunray has begun to prepare the location to accommodate the drilling rig and drilling operations.
The well, known as the Fite No. 3, will be drilled to the Frio formation to a depth of 6,700 to 7,000 feet, where the operator expects to gain approximately 20 feet of structure to an existing producing well known as the Fite No. 1. Sunray considers this to be a high potential location with gross possible reserves of 225,000 barrels of oil and 400 million cubic feet of gas.
Matrixx holds a 10% working interest in the prospect. Drilling cost of the well is expected to be approximately $442,000. Fite No. 3's close proximity to the currently producing Fite No. 1 well will provide for minimal completion costs. The Company's DHC (dry hole cost) associated with this endeavor has already been paid.
Matrixx has remained steadfast in its efforts in acquiring growth and investment opportunities in the oil and gas sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. Additionally, the Company is now positioned to aggressively exploit its properties to accelerate cash flow and to provide rapid returns on its investments in the oil and gas sector.
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 Matrixx to complete the proposed acquisition(s), the results of Matrixx's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Matrixx 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: Matrixx Resource Holdings, Inc.
CONTACT: Matrixx Resource Holdings, Inc. Konstantine Tsakumis Media & Investor Relations (347) 647-1508 Email: ir*mrhi.net Website: www.mrhi.net
Copyright (C) 2006 CCNMatthews. All rights reserved.
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