E21 Golf Company Space Shot: 3 Days or 3 Years in Orbit 11/10/2006
TORONTO, Nov 10, 2006 (MARKET WIRE via COMTEX News Network) -- Element 21 Golf Company ("E21") (OTCBB: EGLF) & (FRANKFURT: BJQ) reported new analysis of the trajectory for its golf ball which will be hit off the International Space Station, some 360 miles above the Earth, this coming Thanksgiving Day by cosmonaut Mikhail Tyurin.
New orbit trajectory calculations by Russian scientists contradict NASA's original projections that the golf ball will orbit the earth for approximately 3 days, and suggest a 3 1/2 year orbit is more likely, as the ball will descend by a few yards a day. Earlier this year similar sources speculated that the ball may collide with the International Space Station with a force of a 40,000 lbs truck moving at 100 miles per hour. The Company will be analyzing the data to reconcile the large discrepancy, and hopes to put the trajectory calculations up on its website for wider review.
Traveling at 6 miles per second, the golf ball is expected to reach the billion mile mark before its orbit eventually decays, and the ball burns up in the atmosphere. "This will easily become the longest golf shot recorded on our solar system. It would be an even longer shot, but for the fact that it is being hit behind the space station, and therefore will have slightly lower initial velocity than the space station itself," noted E21 Golf Company spokesman, Executive Vice President and General Manager Bill Dey. "It's probably going to be the longest shot in the galaxy, but we didn't want to overstate things."
Mikhail Tyurin is actually not an experienced golfer, but has been coached by such golf luminaries as LPGA Hall of Fame golfer Carol Mann and PGA Director of Instruction Rick Martino here on Earth, he also received a little more untraditional practice underwater in full space suit regalia, using only one hand, to simulate the limitations of the space environment.
"On a more serious note, this will commemorate the 35th anniversary of the time astronaut Alan Shepard hit golf balls on the moon during the Apollo 14 mission, one of the most enduring images of space exploration. While Alan Shepard's original Moon Shot, only traveled 206 yards, it is highly unlikely that the Space Station shot will eclipse that moment in terms of drama and meaning, even though it completely overshadows it in length. At best, we can remind people of that wonderful moment 35 years ago."
"We were drawn to the idea by the fact that our Patented Scandium Metal Alloy clubs are literally an outgrowth of rocket science. Scandium is in use on the space station, and first caught the scientific community's attention when it was employed on Russia's famed MiG jets."
Applied to the Golf industry, E21's unique patented Scandium Metal Alloy offers unparalled performance in terms of consistency, feel and accuracy, and represents the first new advanced material to be employed in Golf equipment in decades.
About Element 21 Golf Company:
E21 holds the exclusive right to manufacture golf products using proprietary E21 Scandium Metal Alloys. Through a sophisticated multi-technology production path, E21 manufactures shafts, drivers, and other clubs with marked improvements in distance, accuracy and feel over competing products. In recent months a number of high profile golf professionals have switched to or began testing E21's Eagle One shafts. E21 Scandium products are 55% lighter and offers 25% strength to weight advantage over Titanium alloys, the current standard in the golf equipment industry. The advanced dynamics of E21 Alloys and the material economics offer a performance-enhanced alternative to manufacturing driver clubs with Titanium, the largest segment of the annual $5.5 billion U.S. golf equipment marketplace.
E21 recently announced its "Golf Shot Around the World Mission" in celebration of the 35th anniversary of Alan B. Shepard Jr.'s historic Apollo 14 Mission. Just about every single record for distance in the golf industry will be shattered this fall when an astronaut will hit a golf ball into orbit around the earth -- using an E21 golf club. It is only natural that this event takes place on the International Space Station, considering that E21 Alloys are also used on the Space Station in high strength, fatigue resistant applications.
E21 Golf -- The Evolution Is Inevitable!
Forward-Looking Statements.
Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties which could cause actual results or events to differ materially from those currently anticipated, including but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting E21 and its business. A number of these risks and uncertainties are described in E21's periodic reports filed with Securities and Exchange Commission. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein, which speak only as of the date hereof. E21 undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NEW YORK, NY, Nov 10, 2006 (MARKET WIRE via COMTEX News Network) -- Ultradata Systems, Inc. ("Ultradata") (OTCBB: UDTA) announced that it has entered into a Share Exchange Agreement with China Organic Health Products, Inc. ("COHP"), a Delaware corporation, the shareholders of COHP, and Jilin Huaren Organic Health Products Co., Ltd ("Huaren"), a corporation organized in the People's Republic of China.
Closing of the share exchange is subject to several conditions. The Agreement provides for the acquisition by Ultradata of 100% of the issued and outstanding capital stock of COHP from the COHP shareholders, which would make COHP a wholly owned subsidiary of Ultradata, in exchange for the issuance of Ultradata common stock and shares of Ultradata's Series D Convertible Preferred Stock. After the transaction, the COHP shareholders would own 85% of Ultradata's equity.
China Organic Health Products, Inc., through its 100%-owned subsidiary, Jilin Huaren Organic Health Products Co., Ltd, is engaged in the research and development, production, and sales of organic foods and healthcare products. Jilin Huaren obtained its organic farming certificate and organic food label from the Organic Food Development Center (OFDC) of China in 2004. It markets its products through a network of 90 distributors and 140 specialty stores that provide logistical support and training to salons, supermarkets, and retail outlets.
Ultradata Systems, Inc. develops, manufactures, and markets hand-held travel information computers and information systems used for locating destinations and trip planning.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact: Peter D. Zhou 212-232-0120
SOURCE: Ultradata Systems, Inc.
Copyright 2006 Market Wire, All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Northcore Technologies Inc., providers of core asset solutions, today announced that it will issue its third quarter financial results on Tuesday, November 14, 2006, following the close of the markets. Northcore will hold a conference call at 10:00 a.m. (Eastern) on Wednesday, November 15 to discuss its financial results and review operational activities. Followers of Northcore are invited to listen to the call live over the Internet on the Investor Relations section of the company's website, www.northcore.com.
About Northcore Technologies Inc.
---------------------------------
Northcore Technologies provides core asset solutions that help organizations source, manage and sell their capital equipment. Northcore works with a growing number of customers and partners in a variety of sectors including oil and gas, government, and financial services. Current customers include GE Commercial Financing, Halliburton Energy Resources, Paramount Resources and Trilogy Energy Trust.
Northcore owns a 50 percent interest in GE Asset Manager, a joint business venture with GE.
This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the Safe Harbor provisions of the U.S. federal securities laws. These include, among others, statements about expectations of future revenues, cash flows, and cash requirements. Forward-looking statements are subject to risks and uncertainties that may cause Northcore's ("the Company") results to differ materially from expectations. These risks include the Company's ability to raise additional funding, develop its business-to-business sales and operations, develop appropriate strategic alliances and successful development and implementation of technology, acceptance of the Company's products and services, competitive factors, new products and technological changes, and other such risks as the Company may identify and discuss from time to time, including those risks disclosed in the Company's Form 20-F filed with the Securities and Exchange Commission. Accordingly, there is no certainty that the Company's plans will be achieved.
SOURCE: Northcore Technologies Inc.
At Northcore Technologies Inc., Joe Racanelli, Chief Marketing Officer, Tel: (416) 640-0400 ext. 273, E-mail: jracanelli*northcore.com
Copyright (C) 2006 CNW Group. All rights reserved.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Barbrook Placed on Temporary Care & Maintenance 11/10/2006
TORONTO, ONTARIO, Nov 10, 2006 (MARKET WIRE via COMTEX News Network) -- Caledonia Mining Corporation ("Caledonia") (TSX: CAL)(OTCBB: CALVF)(AIM: CMCL) has placed its Barbrook Mine in South Africa on temporary care and maintenance as a result of damage caused by employees of a labour brokerage company during an illegal industrial action.
The administrative and security buildings were damaged, but the metallurgical plant and mining infrastructure and equipment are unaffected.
The Company is formulating claims for major compensation against the labour brokerage company which supplies labour to the Mine.
The Company's Board is, with input from South African management, considering its options regarding the future of the Barbrook Mine. The effect on earnings during the fourth quarter is expected to be negligible.
Further information regarding Caledonia's exploration activities and operations along with its latest financials may be found at www.caledoniamining.com.
Certain statements included herein are "forward-looking statements". Management cautions that forward-looking statements are not guarantees and that actual result could differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause the actual results of operations, exploration or development programs, or the financial condition of the Company, to differ include, but are not necessarily limited to, the risks and uncertainties discussed in documents filed by the Company with the various regulatory authorities having jurisdiction.
Contacts: Caledonia Mining Stefan Hayden President and CEO +27 11 447 2499 Website: www.caledoniamining.com buck-bias Alex Buck / Nick Bias +44 7932 740 452
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NT Media Corp. Enters Agreement with Apple iTunes Affiliate Program 11/10/2006
LOS ANGELES, Nov 10, 2006 (BUSINESS WIRE) -- NT Media Corp. (OTCBB:NTMM), a diversified media and entertainment company, announced today that it has joined the iTunes affiliate program. Through the program NT Media's music division, NT Music, will be able to display the iTunes logo and its site and generate commissions by purchases made through links to the iTunes store.
Last week, the company announced its first artist to be distributed on iTunes, "Mikey Mo the MC."
NT Music will be able to link its website to 2 million tracks from all four major labels and 1,000 independents, plus 16,000 audiobooks and over 35,000 podcasts available on the iTunes store. 42 percent of Apple's revenue comes from music, which was up 36 percent year over year. iPod shipments grew 35 percent to 8.73 million; more than 39 million were sold during the year. CFO Pete Oppenheimer said Apple estimates that over 70 percent of 2007 model year cars sold in the U.S. will offer direct iPod integration as an option.
"Joining the iTunes affiliate program will allow us to enhance our site and have access to marketing material designed by Apple, and generate revenues through the affiliate program," said Ali Moussavi, CEO of NT Media Corp.
About NT Media
NT Media Corp. is a publicly traded diversified entertainment and Media Company based in Los Angeles, California, with operations in film and television production and finance.
Forward-Looking Statements
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.
SOURCE: NT Media Corp. of California
NT Media Corp. Ali Moussavi, 323-445-4833 contact*ntmedia.tv
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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LOL you have to be faster than a New York minute to beat JUICE
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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LOS ANGELES, CA, Nov 12, 2006 (MARKET WIRE via COMTEX) -- Eco Safe Systems USA, Inc. (PINKSHEETS: ESFS) (formerly (PINKSHEETS: CFGE)) has just received notification of assignment of its new trading symbol, ESFS. This change in symbol is effective as of the opening of the markets on November 13, 2006. The name of the corporation was recently changed from CF Green Corp. to Eco Safe Systems USA, Inc. It will not be necessary for the Company's stockholders to surrender or exchange any stock certificates they currently hold as a result of the name change. "We have many exciting negotiations in motion for Eco Safe, and we're proud to be trading under our new symbol," said Michael Elliot, President of Eco Safe.
Eco-Safe Systems is a leader in Ozone food-safety and water-purity intervention systems with services ranging from food disinfection to water reclamation and water desalinization. Eco-Safe's patent-pending processes raise the bar on food safety and environmental sustainability while decreasing costs and risks to businesses, the public and the planet. An L.A-based company, Eco-Safe Systems, Inc. was founded in 1992. For more information on this dynamic company, please visit: www.ecosafeusa.com .
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. 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.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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LOL you have to be faster than a New York minute to beat JUICE
Good to hear I'm not slipping.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PayPro Latin America, S.A. Message from the President A message from the President of PayPro Latin America Sociedad Anonima, (S.A.), hereinafter "PayPro LATAM," a Panamanian Stock Corporation with a business philosophy that:
PROMOTES & ASSISTS THE COMMERCIAL INTEGRATION OF LATIN AMERICA INTO THE ECONOMIC DEVELOPMENT OF THE WESTERN HEMISPHERE, PAN-AMERICA.
"PayPro LATAM" was incorporated in the Republic of Panama, The Hub of the Americas, to coordinate and to carry out its Pan-American business plan. The company is also working with PayPro's Finance division, E-Biz Financial Corporation, www.e-bizfinance.com, to develop programs to offer micro loans, currency exchange and the E-BIZ Wallet, to qualified natural persons and legal entities, throughout the company's operations regions, as follows:
AMERICA I The Caribbean AMERICA II United States, Canada, & Mexico AMERICA III Central America & Panama AMERICA IV South America
"PayPro LATAM" is an operating company and beneficiary of Fundacion PayPro, a Panamanian Private Interest Foundation, legally authorized to act as a depository for any type of real or financial assets and PayPro shares, and to hold them in safekeeping on behalf of and for the benefit of its Beneficiaries, PDR's holders which may be legal entities or natural persons of good standing.
PayPro Latin America Sociedad Anonima, (S.A.) is The Caribbean (A-I), Central America & Panama (A-III) & South American (A-IV) partner for PayPro Incorporated (A-II) a U.S. Public Company duly registered in the State of Nevada and PayPro Card Corporation, based in Dallas, Texas, U.S.A., owner of "MyBankCard" a value added debit card global payment system.
Also, PayPro's Travel division will begin soon a promotion for Business & Investment Tourism travel packages identified as:
The PayPro Team is a dynamic group of companies with a defined forward looking vision for Pan-American economic development through commercial integration in Latin America; from micro to macro perspectives: WHILE PROTECTING our Flora, Fauna and Water resources... PayPro promotes the individual commitment to family carbon neutrality status "SPONSORING MICRO FORESTS."
WE DO NOT GIVE ADVISE... WE ASSISTS TO COORDINATE PAN-AMERICAN DEVELOPMENT PLANS...
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 ON LINE as follows:
Visa prepaid cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephone 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 is not historical fact 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
PayPro Incorporated Michael S. Terrell, CEO, 214-774-4870 mike*gopaypro.com or Pedro Borges Fiol, President PayPro Latin America S.A. pborges*gopaypro.com or Adrian Gonzalez Castro, COO PayPro, Incorporated ag*gopaypro.com or Tony Murillo Giambrioni, CIO PayPro Latin America S.A. tony*amerisol.com or info*gopaypro.com
Source: Business Wire (November 13, 2006 - 1:19 AM EST)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Cal-Bay International Completes Acquisition of Imperial Beach, CA Motel and HBO TV Series Location Contract Business Wire - November 13, 2006 08:30
CARLSBAD, Calif., Nov 13, 2006 (BUSINESS WIRE) -- Cal-Bay International, Inc. (OTCBB:CBAY): Cal-Bay's Board of Directors announced the company completed the acquisition of the El Camino Motel, In Imperial Beach, Calif., on Friday November 10, 2006. The acquisition was consummated along with the recent signing by one of HBO's production companies for an eight month lease of the Motel location, commencing November 20, 2006, for the filming of a new HBO Drama series, "John from Cincinnati."
Cal-Bay's Board of Directors commented, "The $5M Motel property acquisition was significantly enhanced by the execution of the HBO contract, which will generate several hundred thousand dollars in additional revenue over the next eight months."
The cast of the HBO Drama series includes Rebecca De Mornay and Luke Perry. A detailed coverage of the story is available on the San Diego Union Tribune Website, South County Edition, dated September 13, 2006. This story was published after the successful Pilot version of the series was filmed at the Imperial Beach Motel Location.
Cal-Bay Executives announced the Motel Site is located in a prime Southern California redevelopment area and the company plans to significantly enhance the value of the location in the late summer of 2007 by way of redevelopment by COBS Homes LTD, a wholly owned subsidiary of Cal-Bay International, Inc.
Cal-Bay acquired the property in all cash terms acquisition from Madrid Ranch Estates, LLC.
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.
Grand Entertainment & Music, Inc. Offers Update on Film Soundtrack Project
11-13-2006 7:00 AM EST --(MARKET WIRE)--
MONTREAL -- (MARKET WIRE) -- 11/13/06 -- Grand Entertainment & Music, Inc. (PINKSHEETS: GMSC) announces that the independent movie "Canvas" has been completed and the film made its Florida Premiere at the Fort Lauderdale International Film Festival yesterday.
On June 21, 2006, Grand Entertainment announced that Qbanito's song "Homenaje a Celia Cruz" would be featured in the LMG /Rebellion Pictures production "Canvas." We are pleased to say that the film's premiere at the Fort Lauderdale International Film Festival was a success. "Canvas," shot in Hollywood Beach, Florida, is a character-driven story of one family's struggle with mental illness. Written and directed by Joseph Greco, the film features an award-winning cast, including Emmy winner Joe Pantoliano, and Oscar winner Marcia Gay Harden. "Canvas" was a big hit this past week and is scheduled to appear at several upcoming film festivals. Pending its performance at those film festivals, Grand Entertainment may consider acquiring a percentage of the film for its already established film division.
President Fred Berlin stated, "Grand Entertainment is extremely excited about being a part of this project. Not only will this film bring added promotion for Qbanito, but it may open doors for other similar projects in the future. The timing couldn't be better. This film release came just a month after Qbanito's U.S. CD launch, and right as Qbanito's second video hit the airwaves. This kind of consistent publicity should really help with album sales."
About Grand Entertainment & Music, Inc.
Based in Montreal, Canada and incorporated in November 1998, the Company is an independent music entity that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, The Company's multi-million dollar studio, Cherry Studios, has produced voice-overs and sound tracks for commercials and film. In addition, Cherry Studios has also produced thousands of recordings and has to its credit a total of 23 gold and platinum albums. GEM has recently found success in the reggaeton market with its signature artist, Qbanito. Qbanito's debut album has already generated a #1 hit in Canada and is currently being marketed by Universal Music in Europe. Grand Entertainment also controls exclusive rights to vast catalogues of previously unreleased recordings from Cuban music archives. In addition to these assets, the company will focus on growth through acquisitions over the next twelve months in an effort to reach its mission of becoming a premier production, recording, publishing, and Internet distribution company.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact: Grand Entertainment and Music, Inc. Investor Relations (866) 795-4366 IR*Gmsc-info.com www.gmsc-info.com
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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IBCX(.0035) Board of Directors Announces a 25% Stock Dividend
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)--
IBAC Corporation (Pinksheets:IBCX), a hospitality holding company, today announced that the Board of Directors has approved a 25% stock dividend to all common shareholders of record December 1, 2006, and payable December 15, 2006. The action was approved at a board meeting on November 10, 2006, with the effect of adding 25% more shares of IBCX. Edward W Hayter, Chairman & CEO, stated: "The dividend reflects the on-going success of the Company and rewards shareholders for their continued support. We are proud to present our shareholders with this third stock dividend by the Company in its brief two and a half year history."
The Company has previously announced the pending acquisition of a golf & country club property, this transaction is expected to be approved by the selling entity at a special Board of their Directors meeting on November 14, 2006, at that point and time all pertinent information regarding the property and transaction will be released.
The company had also previously announced a sale or transaction off of its restaurants in Florida, this proposed deal has not been completed at this time, if said deal is completed the shareholders would also receive an additional form of dividend when completed. This deal is under consideration as the Company is directing its efforts towards becoming a quality 100% real estate owned hospitality property Company.
In the past year the company has bought out its minority partner in the Sanibel Restaurant Group and has acquired The Sanibel Steak House in Bonita Springs both properties are now owned by IBAC Corporation 100%, The Company has removed its minority managing partner in the hotels and will attempt to gain the 100% ownership of those properties as well (IBAC Corporation is the majority partner (51%) in the hotels and the sole investor in them).
Wayne Burmaster, president and chief operating officer, stated that "the growth in all performance areas in 2006 was due to the continued success of our business development efforts in and around the marketplaces we serve. We are pleased with the continued, quality growth and increased earnings of the Company, and remain committed in our efforts to build a quality hospitality organization and increasing shareholder wealth."
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: IBAC Corporation
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NT Media Corp. Enters Agreement With Apple iTunes Affiliate Program
Monday, November 13 2006 7:30 AM, EST
LOS ANGELES , Nov. 13, 2006 (PRIMEZONE) -- NT Media Corp. (OTCBB:NTMM), a diversified media and entertainment company, announced today that it has joined the iTunes affiliate program. Through the program NT Media's music division, NT Music, will be able to display the iTunes logo on its site and generate commissions by purchases made through links to the iTunes store. Last week, the company announced its first artist to be distributed on iTunes, "Mikey Mo the MC." NT Music will be able to link its website to 2 million tracks from all four major labels and 1,000 independents, plus 16,000 audiobooks and over 35,000 podcasts available on the iTunes store. 42 percent of Apple's revenue comes from music, which was up 36 percent year over year. iPod shipments grew 35 percent to 8.73 million; more than 39 million were sold during the year. CFO Pete Oppenheimer said Apple estimates that over 70 percent of 2007 model year cars sold in the U.S. will offer direct iPod integration as an option. "Joining the iTunes affiliate program will allow us to enhance our site and have access to marketing material designed by Apple, and generate revenues through the affiliate program," said Ali Moussavi, CEO of NT Media Corp. About NT Media NT Media Corp. is a publicly traded diversified entertainment and Media Company based in Los Angeles, California with operations in film and television production and finance. Forward-Looking Statements Certain statements in this news release may constitute "forward looking" statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ. CONTACT: NT Media Corp. Ali Moussavi (323) 445-4833 contact*ntmedia.tv Los Angeles, CA
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SSSU Officially Converts to Global 1 Investment Holdings Corporation Effective Nov. 13, 2006 Our New Name, CUSIP Number and New Symbol, GOIH Have Been Approved by NASDAQ Nov 13, 2006 5:40:00 AM Copyright Business Wire 2006
ATLANTA--(BUSINESS WIRE)--
Global 1 Investment Holdings Corporation (OTCBB: GOIH), SSSU is officially converted to Global 1 Investment Holdings Corporation with the new symbol GOIH.
Restructuring of SSSU:
We have officially converted SSSU to Global 1 Investment Holdings Corporation and received a new trading symbol GOIH. Our new business focus will be a diversified financial services conglomerate. Our business model is based on Berkshire Hathaway (NYSE: BRK.A), Sears Holdings (NASDAQ: SHLD), the investment bank of Goldman Sachs (NYSE: GS) and the entertainment unit of Time Warner (NYSE: TWX).
Achievements:
We have increased our share price from $0.002 to $0.05 an increase of more than 500% and our trading value from 110,000 shares a day to more than 17 million shares per day. An investment of $10,000 on the date we started the restructuring would be worth more than $200,000.00 today.
Plan of Operations:
Our plan of operations is to immediately create shareholder value through an increase in our stock price. We intend to create new value through the acquisition of several operating businesses and integrate the businesses into our operational model through a business combination transaction.
Investment Banking Reg. E Funds:
The financial services unit serves as the financing arm of our business model. Our investment banking operations are conducted through this unit. What we have done is to integrate the management of investment funds as a core business unit operation to provide synergy and efficiency in financing our business model. By using the Reg. E Funds as an investment banking operations we are able to finance our growth internally and efficiently.
We will have will Funds specially focused on a particular sector, i.e., real estate, entertainment, venture capital. These Funds will be open to U.S. as well as international investors.
Our goal is to have $100,000,000.00 under management within eighteen (18) months and acquire three (3) operating businesses for business combinations giving GOIH an intrinsic value of between $0.35-$0.75 per share inclusive of dividends.
Summary:
Our strategy for growth through financial services and acquisitions we believe is a micro cap company first. The strategy is designed for Global 1 to migrate from the OTCBB to the NASDAQ Small Cap Market and from there to the NASDAQ NM once our market cap reaches $75,000,000 and our share price reaches $4.00.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on GOIH behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Source: Global 1 Investment Holdings Corporation
----------------------------------------------
Global 1 Investment Holdings Corporation Barry Thomas 404-255-0400 investor_relations*mindspring.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SQSI (.015) Announces Reverse Merger With VisiTrade
Market Wire "US Press Releases "
LITTLE ROCK, ARKANSAS -- (MARKET WIRE) -- 11/13/06 -- Square Shooter Incorporated (PINK SHEETS: SQSI) is pleased to announce that it is purchasing the assets of VisiTrade LLC, a Nevada corporation, through an Asset Purchase Agreement executed on November 1, 2006. To facilitate the transaction, the existing shares of Square Shooter Incorporated will undergo a one-for-five share consolidation. In addition, upon completion of the merger, the Company will change its name to VisiTrade, Inc. A new CUSIP number and trading symbol will be issued at that time.
VisiTrade is a new, investor-to-investor, online stock-trading platform operating 24 hours a day, 7 days a week with just one flat fee of $7 per transaction. There are no associated exchange fees and no broker commissions are added onto the trade.
Facilitated through a registered broker/dealer, the newly launched VisiTrade platform allows on line investors to post their buy and sell orders and to trade shares with each other, in a pure investment community free of brokers and market makers. VisiTrade receives a licensing fee from the broker for the service.
"VisiTrade provides online investors with a unique platform for trading equities at their convenience any time of the day, regardless of market hours. By becoming a publicly traded company, we are able to rapidly inform millions of online investors about our service, gain easier access to capital funding, and ultimately attract thousands of online traders to becoming VisiTraders. VisiTrade eliminates the middlemen and therefore unnecessary costs, allowing trading amongst online investors the way it was meant to be," said Larry Bolton, President of VisiTrade LLC.
"Over the past few years the Company has explored numerous options in an attempt to bring value to its shareholders. I am very excited about the opportunity that merging with VisiTrade creates," commented Mike West, President of Square Shooter Incorporated. "I believe VisiTrade has the potential to be an enormous success and very popular with online traders, currently estimated at over 30 million. This new business could generate substantial revenues, giving our shareholders the opportunity to realize meaningful value for their shares. I look forward to the months ahead as VisiTrade introduces its service to the online investor community."
Safe Harbor Act Disclaimer
The statements contained in this release and statements that the company may make orally in connection with this release are not historical fact and are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. Actual results may differ materially from those forward-looking statements, as such statements involve risks and uncertainties that could significantly impact the company's business and the actual outcome and results may differ materially.
Contacts: Tiger Capital Corporation Trevor Burns (416) 252-3663 or toll-free 1-877-844-3704 Email: investor*tigercapital.com
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ActiveCore/GSPS Sign Heads of Agreement With E-COIN Limited to Launch Its ePocket Technology in On-Line Gaming Market
Market Wire "US Press Releases "
TORONTO -- (MARKET WIRE) -- 11/13/06 -- ActiveCore Technologies, Inc. (OTCBB: ATVE), a Company that operates as a payment technology solution provider, is pleased to announce that GSPS has signed a Heads of Agreement with E-COIN Limited (E-COIN), a private UK- and Spanish-based gaming group. The Heads of Agreement was signed on October 31, 2006, and lays out the terms under which the companies plan to enter into a formal "Acquiring and Processing Operations Agreement" for the on-line gaming industry. E-COIN will use the revolutionary digital coin technology developed by GSPS/ePOCKET to offer a safe, secure, anonymous and cost effective payment technology for on-line gamblers. With the signing of this agreement, ActiveCore/GSPS have taken the first major step in the commercialization of their revolutionary digital coin technology.
Peter Hamilton, Chief Executive Officer of ActiveCore, stated, "GSPS has been working on this transaction for several months and it is a great deal for both organizations." Mr. Hamilton went on to say that "the agreement with E-COIN is a very significant one as it has several parts to it that include an advanced royalty payment, an implementation services contract and most importantly, an ongoing perpetual royalty stream earned from transactions processed under the Acquiring and Processing Operations Agreement."
Neil Fishenden, Chief Executive Officer of GSPS, stated, "We are very excited to have acquired E-COIN as a customer and look forward to working with them to launch the ePocket digital coin technology in the on-line gaming market." Mr. Fishenden went on to say that "we have already begun to assemble a team dedicated to the rapid implementation of our product over the next several months to ensure that both E-COIN and ActiveCore/GSPS achieve significant revenue generation in the shortest possible time."
Mr. John Clarke, Founding Director of E-COIN, stated, "We have been searching for a new payment technology that would give us a unique offering for on-line gamblers, and the ePocket digital coin technology is exactly what we looking for. It was designed to work with the Internet from day one, and it is safe, secure, cost effective and non identity based. We believe these attributes will make it the payment method of choice for anyone who is concerned about anonymity or identity theft and fraud, which are serious and increasing problems with older payment methods." 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.
About ActiveCore Technologies, Inc. (www.ActiveCore.com)
ActiveCore Technologies, Inc., operates as payment technology solution provider, primarily in the on-line payment market. Our products encompass a variety of payment technologies as well as our own integration tool kit and direct marketing messaging platform that allows us to better support our payment technology clients.
About GSPS/ePocket Inc. (http://www.ePocket.com)
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 real 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.
About E-COIN Limited
E-COIN is a private UK Company with operations in Spain. The Company was founded by a group of European-based investors who have experience in the on-line Gaming industry. The Company was formed to introduce innovative technology to the on-line gaming market.
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.
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TJSS (.19) Million Dollar Homes and $100,000 Cars, Everybody's Getting Them
Market Wire "US Press Releases "
HOLLYWOOD, FL -- (MARKET WIRE) -- 11/13/06 -- Taj Systems, Inc. (PINKSHEETS: TJSS)
You may think we are talking about the American dream, but guess again, this is fast becoming a way of life for the rapidly increasing affluent class in India, represented by "new money" and a younger breed of Indian millionaires who enjoy spending their wealth.
Gaming software developer Taj Systems, Inc. has seen the trend developing during recent years, thus establishing the Indian community as its primary market. Today, Taj Systems benefits with a first-to-market advantage in this sector, and plans further diversification by acquiring suitable companies in an aggressive move to penetrate one of the fastest growing economies in the world.
In recent weeks, Taj experienced a record number of player sign-ups through licensees like TeenPatti.com. Those numbers should continue to increase from India with millions of new Internet users getting online each month. Entertainment and gaming companies are poised to make money, as they have in the U.S., especially with increased discretionary capital.
According to a November 9th BusinessWeek.com article titled "India Rolling in Rupees," the Indian economy is growing at a rate of 8% annually, creating lots of wealthy people who enjoy the finer things in life, such as million dollar homes, Ferraris, Rolls-Royces, even top retail brands like Louis Vuitton, Hugo Boss, and Gucci.
The article credits growth sectors such as software services, telecom, finance, and real estate for "minting new millionaires every day," in India. The Bombay Stock Exchange has also more than doubled in the past two years creating substantial wealth for many Indian investors.
The difference however between India's booming stock market and the U.S.'s high-flying dot.com era of the '90s is that India's growth appears to be real, based on revenues, earnings, and expansion, not necessarily on "irrational exuberance," as described by Federal Reserve Chairman Alan Greenspan in 1996.
Safe Harbor:
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 of historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
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NeoMedia's qode to Web-enable 5 Million Bottles of ONE Water at 4,000 U.K. Retailers
M2 "Press Wire "
M2 PressWIRE - November 13, 2006 - FORT MYERS, Fla., and LONDON - NeoMedia Technologies, Inc. (OTC BB: NEOM), an innovator in market-driven technologies, said today that ONE, the ethical water brand, has become the first European product to sign to use NeoMedia's qode application on all its packaging to communicate with its customer base via the Mobile Internet.
ONE bottles will link to the Mobile Internet via qode starting in December, when the first shipments of more than 5 million bottles bearing qode-enabled "smart codes" will start appearing at more than 4,000 retail outlets throughout the U.K. ONE enjoys a reputation for breaking new ground in marketing, and by having NeoMedia's qode linking its bottles to information and charitable giving capability on the Mobile Web, it believes it is once again at the forefront of the latest developments in the marketing field.
NeoMedia's patented qode (www.qode.com) suite is an easy-to-use set of applications -- qode reader and qode window -- which provide One Click to Content connectivity for products, print, packaging and other physical objects to link directly to specific desired content on the Mobile Internet. qode reader works with camera phones, letting users "click" on two-dimensional "smart codes" to access the Mobile Web site to which the code is linked, while qode window lets users reach the same destination by entering a key word, slogan or product name.
ONE water (www.ONEwater.org.uk), supported by celebrities including David Tennant and Hugo Speer, gives 100% of its profits to Playpumps, the charitywhich brings fresh drinking water to where it is most needed in Africa.
Playpumps work on a simple concept: as children spin on a merry-go-round, water is pumped from below the ground, and is then stored in a tank just a few feet away, making a safe, plentiful supply of water available in the community. To date, nearly 700 PlayPump systems have been installed in southern Africa, providing safe water to a million people living in rural and peri-urban communities. In the future, thousands more PlayPumps will be installed throughout Sub-Saharan Africa, bringing the many benefits of ready access to clean drinking water to millions.
Initially, smart codes linked to qode will appear on 5 million bottles of ONE water, which is stocked by more than 4,000 retail outlets in the U.K., including Tesco, Morrison's, Waitrose and Co-op supermarkets, Total petrol stations, and virtually all colleges and universities in the U.K. as well.
ONE water said that qode will unlock the potential of the Mobile Web, allowing its consumers real-time access to important information about the brand and its humanitarian work in Africa, together with competitions, special offers, and even over-the-air donations.
"qode will play a leading role in our marketing approach because it gives us unprecedented flexibility combined with the immediacy of working in real time to deliver promotions and establish relationships with our consumers, " said Duncan Goose, founder of ONE Water and CEO of Global Ethics.
Martin Copus, president of NeoMedia Mobile and COO of NeoMedia Technologies, said he and his company "are delighted to be working with ONE. It is a brand with a reputation for leadership and innovation. It is our hope that qode will help drive sales of the product as well as charitable donations."
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a diversified global company offering leading edge, technologically advanced products and solutions for companies and consumers, built upon its solid family of patented products and processes, and management experience and expertise. Its NeoMedia Mobile group of companies offers end-to-end mobile enterprise and mobile marketing solutions through its flagship qode direct-to-mobile-web technology and ground-breaking products and services from four of the leading mobile marketing providers in the U.S. and Europe. By linking consumers and companies to the interactive electronic world, NeoMedia delivers one -to-one, permission-based, personalized and profiled dialogue -- anytime and anywhere.
NeoMedia companies and offerings include: 12snap AG (www.12snap.com), a Munich, Germany-based award-winning leader in mobile marketing and entertainment applications; Mobot, Inc. (www.Mobot.com), a Lexington, Massachusetts-based pioneer in mobile visual recognition technology; Sponge Ltd. (www.spongegroup.com), a London, UK-based leader in developing and implementing mobile marketing applications and content delivery; and Gavitec AG - mobile digit (www.gavitec.com), a Wurselen, Germany-based leading provider of mobile technology and marketing solutions.
This press release contains 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. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement
qode is a registered trademark, andqodereader, qodewindow and One Click to Content are trademarks of NeoMedia Technologies, Inc. Other trademarks are properties of their respective owners.
((Comments on this story may be sent to info*m2.com))
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EZ2companies.com, Inc. Announces Completion of Merger With Lynx Petroleum
MIAMI, FL -- (MARKET WIRE) -- November 13, 2006 -- EZ2companies.com, Inc. (PINKSHEETS: EZTO) (the "Company") announced today that it has completed the previously amended merger with Lynx Petroleum, S.A. The Company achieved the merger without dilution to shareholders as former CEO Otto Bethlen has surrendered a major part of his holdings to consummate the transaction.
The Company's CEO, Jeff Berkowitz, commented, "We are glad to be able to announce the completion of this merger and that we were able to do it without any dilution. The Company anticipates a change of its Board of Directors and Executive Officers by December 2006."
The Company will apply to change name and CUSIP number within the following weeks.
Lynx Petroleum's CEO, Francisco Acosta Coloma, commented, "This is a great day for our company. We look forward to transform the new entity to a successful company operating in the petroleum and other energy sectors in South America."
Highlighted Links EZ2companies, Inc.
About Lynx Petroleum:
Lynx Petroleum is a service provider in the petroleum and energy sector in Ecuador and other South American countries. The company is headed by the country's former Energy and Mining minister, Mr. Francisco Acosta Coloma, who brings with him a group of highly professional individuals from the same sector.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "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 are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
Contact: Jeff Berkowitz EZ2companies, Inc. 561-348-0524
SOURCE: EZ2companies, Inc.
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MPRG (.25) Attaches Composer Richard Sortomme to Score Music for "APRIL IN DECEMBER"
Business Wire "US Press Releases "
LOS ANGELES--(BUSINESS WIRE)--
The Motion Picture Group, Inc. (Pink Sheets: MPRG), a production finance and services company, announced today that it has attached composer Richard Sortomme to score the music for its upcoming feature film "APRIL IN DECEMBER," a romance/fantasy comedy written by Michele Alexander & Tyla Berchtold.
As one of the major composers of our time, Sortomme is now focusing his talents on composing film scores in Hollywood. Sortomme's composing career boasts a steady output of commissioned compositions with The Cleveland Orchestra and New York Philharmonic. Graduating from Juilliard as a concert violinist with extensive training in composition and musical theory, Sortomme's performing career has centered on two chamber music groups. As Music Director, he created "For the Love of Music" and performed at Merkin Concert Hall for ten seasons and at The Library of Congress. He also created "L'Ensemble" that has performed at historic sites throughout the United States and performed joint concerts with the Chamber Music Society of Lincoln Center.
Henri Kessler, the Company's Co-President, stated: "We are very fortunate to have secured Richard for this project. The depth of his musical insights and skills will add a powerful component to this film to ensure an extraordinary experience for our viewers."
"APRIL IN DECEMBER" is being packaged with talent for an anticipated 2007 shoot and will be aimed at a mainstream audience. The story revolves around a high-powered professional who thinks she is losing her mind when she starts seeing fantasy characters. She soon discovers that the havoc wreaked on her career is the very thing she needed to find her heart again, regain professional success, and fall in love. Michele Alexander also co-authored the blockbuster hit "How to Lose a Guy in 10 Days".
ABOUT THE MOTION PICTURE GROUP, INC.
Founded by Henri Kessler, Scott Franklin, and Pliny Porter, The Motion Picture Group, Inc. was created to meet the needs of the international entertainment industry through financing and producing commercially driven motion pictures for the domestic and international arenas. The Company's management team has produced and developed many films that have received international acclaim and are box-office successes. Corporate offices are located at 8157 Mulholland Terrace, Los Angeles, California 90046. Questions should be directed to Henri Kessler, Co-President at (310) 492-5560 or may be emailed to info*themotionpicturegroup.com. More information about the Company and its management is available on the Company's website at www.themotionpicturegroup.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of The Motion Picture Group, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.
Source: The Motion Picture Group, Inc.
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MEDG (.40) BSP Rewards Signs National Agreement With Budget Rent A Car
Market Wire "US Press Releases "
MARGATE, FL -- (MARKET WIRE) -- 11/13/06 -- BSP Rewards, the primary operating subsidiary of MediaNet Group Technologies (OTCBB: MEDG), announced today that they have reached an agreement with Budget to both give and redeem reward points to all members of the BSP Rewards Network of web malls.
The BSP Network includes private branded malls for a variety of companies, card issuers and non-profits including malls for ADP, AIG, African Methodist Episcopal Church, Prepaid Solutions, the Bid/Give Montessori School debit card, and Cruises Inc., to name a few.
"The members of these organizations number in the millions and offer a large customer base for Budget. We are excited to offer our members the 3 different opportunities to earn our reward points from Budget including, on-line, gift cards and also right in all Budget locations," stated Martin Berns, CEO of BSP Rewards.
Members can redeem the points for auto rentals that they earn from Budget and also from all of the nearly 600 other participating merchants in the BSP programs.
BSP Rewards builds, brands, customizes and administers their proprietary loyalty/rewards/mall program for each client and organization and is also a value added element layered onto debit and stored value cards. Members receive up to 15% in rewards and up to 60% in discounts when purchasing merchandise and other products from the nation's best retailers through the BSP network.
Budget is a wholly owned subsidiary of Avis Budget Group, Inc. and a global provider of business and consumer car rental services. Budget Rent A Car was founded in 1958 as a car rental company for the "budget-minded" renter. Today, as an industry leader, Budget continues to appeal to value-minded renters by offering quality vehicles and a rewarding rental experience at nearly 1,900 rental locations worldwide.
BSP Rewards, Inc. is a wholly owned subsidiary of MediaNet Group Technologies, a publicly held Company (OTCBB: MEDG) that encompasses an integrated group of operating divisions that revolve around the many aspects of technology including, branded rewards programs, web mall programs, and intellectual properties. www.medianetgroup.com
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MediaNet Group Technologies, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.
For more information contact: Martin Berns CEO 954-974-5818 ext. 202 martin*medianetgroup.com
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WEST BERLIN, N.J., Nov 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- Mobilestream Oil, Inc. (OTC Bulletin Board: MSRM.PK) announced that it has retained the services of Corporate Valuation Advisors, Inc. to provide a fairness opinion on the planned transaction between Mobilestream Oil and Global Resource Corp (OTC Bulletin Board: GBRC). The transaction will involve the purchase of all Mobilestream Oil's assets by Global Resource Corp. in exchange for shares of Global Resource Corp.'s common stock. Global Resource currently holds a license for the use of Mobilestream Oil's technology.
Corporate Valuation Advisors, Inc. will review the proposed consideration to be paid by Global Resource Corp. for Mobilestream Oil's assets to ensure that Mobilestream Oil's shareholders receive fair value. The fairness opinion will be based upon the relative value of each of Mobilestream's assets and the shares of Global Resource to be received in exchange for those assets. The valuation will involve the application of customary valuation procedures and policies.
James Volkman, ASA, a principal shareholder of Corporation Valuation Advisors, will manage the research and fairness opinion. Mr. Volkman is a Senior Member of the American Society of Appraisers and has more than 20 years of experience in the valuation of closely-held stock interests.
About Mobilestream:
Mobilestream Oil, Inc., which has licensed its technology to Global Resource Corporation (GBRC), is an innovative oil and natural gas exploration company focused on using our proprietary technologies for reverse polymerization and pyrolysis of materials and to maximize the output of under- utilized and non-producing oil wells in order to squeeze out every last ounce of production. Increasing prices continue to make primary and less conventional methods for extracting oil more cost-effective, and while Mobilestream Oil is relatively small compared to some of the larger players in the industry, our size is our advantage as we feel we can more quickly and effectively capitalize on expeditious opportunities. Using these same proprietary technologies, Mobilestream has successfully broken down tires into the tires' component parts, capturing for resale virtually all of the raw materials used to manufacture the tires.
This news release contains forward-looking statements regarding Mobilestream's business strategies and future plan of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risk and uncertainties include: intense price competition, economic, political and regulatory uncertainties, and the need to raise additional capital for growth and expansion. The forward-looking statements contained in this news release speak only as of the date hereof and Mobilestream disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Mobilestream's expectations or future events.
Copyright (C) 2006 PR Newswire. All rights reserved
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U.S. Consensus Bureau Report Highlights Growth Opportunities for Nexiasoft Companies in 2007 E-Commerce Growth Greater Than Expected
SAN FRANCISCO, CA -- (MARKET WIRE) -- November 13, 2006 -- Nexiasoft, Inc. (PINKSHEETS: NXSF), a holding company which invests in convergent e-commerce technology companies, today commented on the Summary of Recent Economic Developments Report noting unanticipated e-commerce growth in 2006.
The State Board of Equalization report notes that, "2006 Growth in Remote Sales through May was faster than 2005. So far in 2006, growth in U.S. remote retail sales (electronic shopping and mail order houses) has been faster than the average of 2005."
According to U.S. Consensus Bureau data, remote retail sales increased about 15 percent from January through May of 2006 compared to the same period of 2005. This is well above the 9.8 percent growth rate for all of 2005. First quarter 2006 data for U.S. retail e-commerce sales (which are included in remote retail sales) show growth of about 26 percent over the first quarter of 2005.
"This recent information released by the U.S. Consensus Bureau highlights the strategic value our two most recent acquisitions, OrderSuite, Inc. and Cytak, Inc., represent within our portfolio of companies," stated Kevin Owens, CEO of Nexiasoft. "Automated Electronic Markets, as characterized by eBay, Yahoo Stores, and Amazon, are seeing exceptional growth. In early 2006, eBay had over 168 million worldwide users and expected to swap more than $40 billion in goods and services. eBay is said to have over 270,000 PowerSellers who each sell more than $50K annually," Owens continued. "This is why we are so excited about the OrderSuite and Cytak products which are perfectly positioned to satisfy the order management and tax processing needs of the customers within these SMB markets."
About OrderSuite:
OrderSuite is an application for the small to medium-sized businesses in the e-commerce or e-tailing market space. OrderSuite has been successfully identified and deployed into a niche market gap within the Direct-to-Consumer market by providing a tailored solution built for the individual companies.
The OrderSuite acquisition is part of a larger vision for the Direct-to-Consumer market and marks a significant milestone; as we get closer to our full release, we will go into more details of who has made this acquisition possible, and why this is key to our overall strategy. To view more information about OrderSuite, visit www.ordersuite.com
About Cytak
Cytak is a managed service that provides automatic distribution of sales and use tax rates with verification tools to analyze tax payments. It is built, maintained and operated in a secure environment and provides tax integration services for standard order processing, ERP and accounting packages.
For more information about Cytak, visit www.cytak.com
About Nexiasoft:
Nexiasoft, recently commenced trading on the Over-The-Counter Pink Sheets market under the symbol: NXSF and is a holding company that invests in convergent e-commerce technology companies. Companies with disruptive technology in the area of wireless, open-source, and security are particularly of interest. Through targeted investments in such companies, Nexiasoft will continue to provide a compounding effect to the overall value of their portfolio.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
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:
Brigand Balleau Vice President of Marketing bballeau*Nexiasoft.com
SOURCE: NexiaSoft, Inc.
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TSSP (.01) Reports Record 2006 Annual Sales
Market Wire "US Press Releases "
FAIRHAVEN, CA -- (MARKET WIRE) -- 11/13/06 -- TrendSetter Solar Products, Inc. (PINKSHEETS: TSSP) today announced record annual product shipments of $1,460,065 for the fiscal year ended October 31, 2006.
Dirk Atkinson, CEO of TrendSetter, said, "The $1,460,065.00 represents a slight increase over prior year sales of $1,455,328. However, we're encouraged at the increase, particularly due to the focus during the past year on building an infrastructure within TrendSetter. Add to that the fact that we relocated our offices and manufacturing operations, we're pleased with the increase."
Atkinson went on to say, "TrendSetter launched their new marketing campaign in January 2006 with target customers representing larger sales that required longer lead times. This strategy and these marketing and sales efforts are beginning to pay off as evidenced by the sales increases. Additionally, as this past fiscal year has progressed we have moved targeted sales efforts into the national arena."
About TrendSetter Solar Products
TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States. TrendSetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter's solar hot water heating and storage systems are emissions free. As global warming and alternate and renewable energies become more of a concern, TrendSetter's products are one of the answers. Additional information can be seen at the Company's website www.trendsetterindustries.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 fact may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from the projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
For more information contact: Dirk Atkinson TrendSetter CEO Email: dirkatkinson*comcast.net
Jim Holmes CCMCo Email: jholmes777*aol.com
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Press Release Source: Plasticon International, Inc. .001
Plasticon International, Inc. Showcases New SEMCO Wallcovering Product to Over 35,000 Attendees at the International Hotel/Motel & Restaurant Show in New York Monday November 13, 9:42 am ET
LEXINGTON, KY--(MARKET WIRE)--Nov 13, 2006 -- Plasticon International, Inc. (Other OTC:PLNI.PK - News) announced today that the Company's wholly owned subsidiary, SEMCO Manufacturing, Inc., is presenting its new product, the X-Bond system, at the International Hotel/Motel and Restaurant Show in New York. Jim Turek, CEO and President of Plasticon International, is representing SEMCO and presenting their products at the Big Apple Worldwide booth, # 4002, to more than 35,000 attendees. The show commenced November 11, 2006, at the Jacob K. Javits Convention Center, with a full day of conferences and featured a keynote address by former NYC Mayor Rudy Giuliani. SEMCO's innovative X-Bond system is a waterproof, lightweight, cementatious product that can resurface virtually any surface. The X-Bond system offers a durable and environmentally responsible creative design capability. This superior bonding system adheres directly to any existing surface. X-Bond can be safely applied in confined areas over existing surfaces minimizing waste disposal.
"We are very excited to showcase our amazing X-Bond system at one of the world's largest hospitality shows. The X-Bond system has unlimited texture possibilities, which allow for complete creative freedom. This durable, waterproof system is designed for both interior, exterior and below grade use," stated Jim Turek, CEO and President of Plasticon International, Inc.
The show is owned by the Hotel Association of New York City, Inc., the New York State Hospitality & tourism Association, Inc., and the American Hotel & Lodging Association, featuring more than 1,400 products and services.
For more information about SEMCO Manufacturing, please visit www.semcomfg.com.
About Plasticon International, Inc. Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, informational & directional signage and plastic lumber, which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green company, environmentally friendly, using recycled plastics to produce its line of products.
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, OUR COMPARATIVELY LIMITED FINANCIAL RESOURCES, AND OTHER FACTORS THAT MAY ADVERSELY IMPACT US. THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH STATEMENTS TO REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS PRESS RELEASE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS.
Insystcom, Inc. Announces VoIPSwitch(TM) Which Combines PBX, Video Server and WiFi Delivery to the Lodging Market Insystcom, Inc. (Pink Sheets: ISYJ), a firm that provides interactive entertainment solutions and WiFi to the Hotel and Resort industries, announced a product development available in 1Q 2007 which addresses the installed market of PBX Systems and delivers Voice, Video, Data, and WiFi over the existing telephone system.
The ResortLynx(TM) System now uses ADSL over existing CAT3 (Telephone Cabling) combined with delivery from streaming servers to deliver "Triple Play" service to its' Lodging Market clients. Combining VoIP (Voice over Internet Protocol) with the ResortLynx(TM) system has created a single package which simplifies installation, reduces cost and combines communications (voice) and entertainment (video/interactive).
"This product takes the ease of installing the ResortLynx(TM) System (the use of existing telephone cabling) and allows the replacement of a standard PBX with a system delivering the performance and low cost of VoIP, First Run Video on Demand and WiFi in the room, which meets the expectation of today's guest," said Wil Riner, CEO of Insystcom, Inc. "It is possible that the single package and the pre-tested configuration of VoIPSwitch(TM) will allow client installation of the ResortLynx(TM) System which will enhance the penetration of the Lodging market," he said.
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.
For more information please contact:
Insystcom, Inc., Alpharetta Wil Riner, CEO, 770-751-0003 wwriner*aol.com or Brian Vanderhoff, Vice President, 770-751-0003 brian*insystcom.com www.insystcom.com
Source: Business Wire (November 13, 2006 - 9:45 AM EST)
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WDAM (.0042) World Am's Isotec Subsidiary Receives First Contract From Domestic Distributor
PrimeZone "PrimeZone "
NEWPORT BEACH, Calif., Nov. 13, 2006 (PRIMEZONE) -- World Am, Inc. (OTCBB:WDAM) today reported that its Isotec, Inc. subsidiary has received its first contract from Advent Automation, a Hanover, Maryland-based firm that joined the company's expanding roster of domestic and overseas distributors several months ago.
The sale is for a weapons control security portal for a bank in Rockville, Maryland for delivery in 30 days. Isotec said it was able to able to secure the order because of its ability to customize the portal and expedite the delivery.
"We are pleased to receive this initial order from Advent Automation," said Isotec President Ken Jochim. "Advent Automation has been a full service provider of equipment and services to financial institutions and financial equipment providers since 1994. It delivers advanced hardware and cost effective solutions, which now include Isotec's state-of-the-art security products.
"We anticipate additional representative appointments in the months ahead as we look to further position Isotec products both domestically and internationally," said Mr. Jochim.
In the past five months, Isotec has entered into seven new distributorship agreements in the United States and abroad. In May, the company announced a distributorship agreement with ARIBA Celcom LLC, based in Dubai, to market Isotec systems throughout the United Arab Emirates. In July, Isotec reported it had entered into two new domestic distributorship agreements with Colorado-based Automatic-Access, Inc. and Maryland-based Advent Automation, Inc. A month later, the company reported new distribution agreements with Baidaq Security Systems, covering Jordan and Iraq, and Initial Security Systems, covering Saudi Arabia. In October, Isotec signed a distributorship agreement with Singapore-based Chemical Specialties & Logistics Pte Ltd (Chemspec). Later that month, the company appointed a Greek security products distributor based in Athens, CH.THEODOSSIS S.A., to represent its product offerings in that country.
About Isotec:
Isotec develops, integrates and supplies passage control security products broadly categorized as Access Control, Weapons Control, or Materials Control Systems that rigorously control entry or exit of people and materials into and/or out of a facility, while reducing the need for security personnel. Applications of the technology have been delivered to the commercial, retail and government sectors. Isotec's experience in this field allows it to provide high quality, code compliant, application-optimized solutions at the lowest cost in the shortest timeframe.
World Am's other wholly owned subsidiary is Senz-It, whose planned product line represents an innovative advancement in the field of micro-sensors that have applications in homeland security, indoor air quality monitoring, food processing and health care. The products are intended to compete in the developing field of "electronic noses," and are intended to identify patterns of molecules present in air or liquid environments for significantly less cost than current approaches.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the World Am, Inc. Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
CONTACT: World Am, Inc. Investor Relations (951) 279-8884
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FSMH .0002 FSBO Media Holdings Subsidiary FLV Hosting Enters Into Agreement WithPunch! Software(R)
Nov 13, 2006 10:00:14 (ET)
CORAL SPRINGS, FL, Nov 13, 2006 (MARKET WIRE via COMTEX) -- FSBO Media Holdings, Inc. (PINKSHEETS: FSMH) wholly owned subsidiary FLV Hosting has entered into an agreement with major software distributor Punch! Software(R) www.punchsoftware.com to provide a custom branded FLV Player for use on every CD of Punch! Software(R) products.
Punch! Software(R) is America's number one best-selling home and landscape design software since 2000. Punch! Software(R) ships up to 25,000 boxes of software per month to major retailers such as Office Depot, Best Buy, and CDW.
Paul Vizard, President of FLV Hosting, said, "Every installation of Punch! Software(R) on a PC will include the FLV Player, which enables playback of the programs' interface. Our format was chosen over Windows Media due to the higher compression which allows more data to be added to each CD."
Paul also commented, "I am very excited working with Punch! Software(R) on this project which will build the FLV Hosting and FSBO Media brands through our PC and web based solutions. This agreement puts us firmly in the spotlight!"
FLV Hosting was created to simplify video streaming in Flash FLV format. Our proprietary video generator allows you to upload and deliver instantly, or you can use our online video recorder along with your web-cam. Choose over 15 different methods of video delivery. Depending on the length or minutes of clips or movies, FLV can help you decide the best way to display them on your website, in video ****s, infomercials and more. www.flvhosting.com
About FSBO Media Holdings, Inc.
FSBO Media Holdings excels in web development and media strategy, online-offline promotions, partnership marketing and branding/identity. FSMH utilizes conventional forms of media advertisement such as Internet, TV, print and radio. Other service providers will be able to advertise services and products and technologies through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses and technologies as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items and FSBO Financial Network by which the Video-Spectus(TM) is produced and sold. FSBO flat fee home listing and marketing services are offered to our subscribers at substantial discounts. The company has also created self-help training CDs to include By Owner University which guides the FOR SALE BY OWNER subscriber with tips and ideas on how to sell their home on their own. The Help-U-Build Guide instructs the subscriber how to build their home on their own which could save them thousands in construction costs. Both CDs are produced in English & Spanish. www.fsbomediaholdings.com
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of FSBO Media Holdings, Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
Contact: FSBO Media Holdings, Inc. Marlene Shim Public Relations marlene*fsbomediaholdings.com 1-866-453-FSBO (3726)
SOURCE: FSBO Media Holdings, Inc.
mailto:marlene*fsbomediaholdings.com
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MENV (.028) Announces Alberta Oil Sands Operations to Commence
PrimeZone "PrimeZone "
VANCOUVER, British Columbia, Nov. 13, 2006 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MENV), (Frankfurt:NDD), ("Micron") is extremely pleased to announce that operations on the Alberta Oil Sands prospects are about to commence. The seismic operations are scheduled to begin shortly, followed by a drill program to delineate out the potential size of the oil sand resource. The Oil Sands of Canada hold recoverable reserves of 175 billion barrels with a proven reserve life of 480 years and another 130 billion barrels of potential reserves, which is second only to Saudi Arabia's 262 billion barrels. As a comparison, the United States has only 29 billion barrels of recoverable reserves and has decreasing domestic production while their demand is increasing by 1-2% every year. Canada is in an optimal position to supply oil to the U.S. with its favorable political climate, close proximity and being one of the few non-OPEC countries which can grow its oil production.
Bernie McDougall, President of Micron stated, "This is potentially the most important news that the company has ever had. The oil sands of Alberta is one of the single largest natural resources deposits in the world and for a company of our size to have an interest in multiple leases is a substantial growth driver to build the company on. Now that we are about to start up operations it should signal to our existing and potential shareholders the seriousness of management's commitment to grow the company. It has been a very quiet time for the company recently, but we feel that going forward the company will be far more active on its oil and gas prospects. Currently the stock is trading at more than 75% below our recent highs and that was at a time when we had far less assets and had not yet started work on the Oil Sands prospects we have interest in. We feel that 2007 could be a watershed year in terms of growth for Micron."
Micron has added three additional Alberta Oil Sands leases consisting of 4 new sections in the world-class Athabasca Oil Sands region in 2006. Two of these new sections are within 5 miles of Micron's existing Athabasca Oil Sands Prospect. These two new sections are close to the existing Oil Sands leases held by Connacher Oil and Gas's Great Divide Prospect, as well as to other major Oil Sands projects by Devon, EnCana, and ConocoPhilips. The other new Alberta Oil Sands lease acquired consists of two contiguous sections that lie just southwest of the announced Royal Dutch Shell Plc Oil Sands leases which they recently purchased for approximately $400 million.
Micron is planning to re-initiate a marketing plan to create additional awareness for the company as the oil and gas operations start up. There has been very little marketing since the company changed its symbol to MENV, therefore management feels the market may not be aware of what the company is doing. This plan will primarily be email based and will target 100 percent opt-in private and institutional investors that trade stocks in Micron's price range.
Micron is an emerging oil and gas company that has exposure to four separate leases in the Athabasca Oil Sands of Alberta, Canada, which is the largest Oil Sands region in the world, and has production from multiple conventional oil and gas wells. Micron is one of if not the smallest market capitalized company with exposure to multiple Alberta Oil Sands. Micron's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. Micron currently has multiple independent sources of oil and/or gas revenue from production in Canada and Texas. Micron is presently involved in multiple oil and gas prospects, and continues to look for additional projects that would contribute to building Micron's market capitalization, including additional Oil Sands projects.
If you have any questions, please call Micron at (604) 646-6903. If you would like to be added to Micron's update email list, please send an email to info*micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at www.SEC.gov. For all details regarding working interests in all of MENV's oil and gas prospects or any previous news releases go to the SEC website. You should independently investigate and fully understand all risks before making investment decisions.
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USSE (.355) IC Thomasson Associates, Inc. Has Completed Professional Selections for the USSEC Project Design Team
Market Wire "US Press Releases "
NATCHEZ, MS -- (MARKET WIRE) -- 11/13/06 -- U.S. Sustainable Energy Corp. (PINKSHEETS: USSE) is pleased to announce that IC Thomasson Associates, Inc. (ICT; www.icthomasson.com) has completed professional selections for the USSEC Project Design Team. ICT is the lead firm for the project and will self perform all mechanical and electrical engineering aspects of the project. ICT will utilize Bohimer & Associates of Memphis, TN and KOCH Modular Process of Paramus, New Jersey (www.modularprocess.com) for chemical engineering process design. Other design team members include: Structural engineering by award-winning Stanley D. Lindsey & Associates of Nashville, TN (www.sdlal.com); Civil engineering by Jordon Kaiser Sessions of Natchez, MS; Geotechnical engineering by award-winning Burns Cooley Dennis of Jackson, MS (www.bcdgeo.com); Architectural support by Landry & Lewis Architecture of Hattiesburg, MS (www.landryandlewis.com).
Kelmer R Smith, PE. CEM, CPP and President of MS Operations for ICT, stated, "We made our design team selections very carefully. All of the firms on the design team are professional, competent, experienced, capable, and have a proven track record; otherwise we would not have chosen them for this historic project. We all are committed to complete this fast track project in record time."
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.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press release and some oral statements are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and the Company has no specific intention to update these statements.
For more information on U.S. Sustainable Energy Corporation, please contact: Investor Relations Contact: Redwood Consultants, LLC 415-884-0348 Investorinfo*redwoodconsultants.com
Media Contact: Kevin A. Mercuri 917-346-9386 kevin*5wpr.com
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WNBD (.023) Texas Sales Begin for Winning Colours Multi-Cleaner(R)
Market Wire "US Press Releases "
BARRIE, ON -- (MARKET WIRE) -- 11/13/06 -- Winning Brands Corporation (PINKSHEETS: WNBD) (www.WinningBrands.ca) announces that Winning Colours Multi-Cleaner® retail store sales have now officially started in Texas.
The first site in Texas to switch from "test" mode to "live retail" is in Pearsall, Texas because of good acceptance of Winning Colours Multi-Cleaner® with consumers during local trials. The community is the largest between Laredo and San Antonio on Interstate 35, the proposed NAFTA Super Highway between Mexico and Canada. Winning Brands Corporation has arranged for trial use across America in a variety of store sizes and communities throughout 2006. The company's plan is to ensure that Winning Colours Multi-Cleaner® will be accepted by a wide range of consumers before major investment is made in multi-media consumer advertising. Results are now starting to come in with a decision to proceed with retail sales by every such trial retailer participating in the program so far.
Winning Brands' Sales Manager Lorne Kelly regards the decision to move forward in Texas as important. "Texas is larger than life in many ways," says Kelly, "but also very down to earth; your product has to be real to make it in Texas. We've had the patience to test with real Texans in real situations. The result is a decision by our retail partners that Winning Colours Multi-Cleaner® belongs in the state." Winning Brands Corporations will service its independent retailers through distributors, which are now coming on board. "This is all very encouraging for 2007," concludes Kelly.
Winning Colours Multi-Cleaner® is an environmentally responsible clean-up solution that has come to the attention of professionals in the Paint and Home Improvement industry because of the product's ability to convert most oil-based and other complex stains and messes into simple clean-up with plain water instead of harsh chemicals. The appeal of Winning Colours Multi-Cleaner® is not just its technical performance but also its kindness to skin -- a feature increasingly important to consumers and retailers.
Winning Brands' CEO Eric Lehner states that WGR Lumber & Hardware in Texas symbolizes the reach by Winning Colours Multi-Cleaner® deep into the market by being relevant to consumers across a "very wide range of places and situations." He added that "Winning Brands Corporation has a very solid market foundation to build on in the coming years, here and abroad."
Winning Brands Corporation manufactures the product in North America for domestic and export needs. The company's mission is to replace hazardous chemicals in widespread use with safer alternatives. The company's product range includes consumer and industrial versions of Winning Colours Multi-Cleaner® as well as Solvent Free Solutions(TM) alternatives to toxic Dry Cleaning solvents and other environmental cleaning solutions.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control. Release Nbr:23
Contact Information: Rhonda Windsor Vice-President Winning Brands Corporation (905) 898-0918 11 Victoria Street, Suite 220A Barrie, Ontario, Canada L4N 6T3 Tel (705) 737-4062 Fax (705) 737-9793 www.WinningBrands.ca
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SVHG (.35) to Acquire Two Entertainment Companies
Market Wire "US Press Releases "
TAMPA, FL -- (MARKET WIRE) -- 11/13/06 -- Silverhawk Entertainment Group, Inc. (PINKSHEETS: SVHG) announced it has signed a letter of intent to acquire two entertainment companies in exchange for issuance for approximately 75% of Silverhawk's outstanding capitol stock. The transaction is subject to execution of a definitive agreement, financing, completion of an audit of Silverhawk and customary due diligence. Closing is expected within 30 days.
The most significant acquisition is of a company in the music business. The Chief Executive Officer of the music company will be the Chief Executive Officer of Silverhawk. He is a leading songwriter and producer and was previously a senior executive at Sony Music.
The second company is engaged in the boxing business. The boxing company currently is promoting and has agreements with boxers and is formulating strategies on staging at least 16 professional boxing events in 2007, all of which will be televised nationally and some internationally and major sports channels and other channels.
According to Timothy Doyle, the current President of Silverhawk, "I am excited about the proposed acquisitions. We expect to produce tremendous value for our shareholders with these acquisitions. The music company's Chief Executive Officer has been closely aligned with many of modern music's leading stars. Additionally, our new boxing company, while expected to be smaller than the music company, has the potential to become a leading force in the boxing business."
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"), including, but not limited to, the expected completion of the acquisition and raising the necessary financing and the anticipated future growth from these acquisitions. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include our inability to complete the definitive acquisition agreement, market conditions and the music company's ability to enter into agreements with singers and others.
Tim Doyle CEO 813-600-3490 Email Contact
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MobilePro Announces Commercial Launch of Wi-Fi Network in Farmers Branch, Texas More Than 300 Access Points Deployed in Wi-Fi Mesh Network; Customer Sign-Up Underway BETHESDA, Md., Nov. 13 /PRNewswire-FirstCall/ -- MobilePro Corp. (OTC Bulletin Board: MOBL), a broadband telecommunications services company, announced today that its wireless subsidiary, Kite Networks has completed the initial phase deployment of its Farmers Branch, Texas, Wi-Fi network with more than 300 access points throughout the city. The new wireless network is expected to provide service to a substantial coverage area within the city.
Farmers Branch Mayor Bob Phelps said, 'The Farmers Branch wireless network deployment is a significant addition to our community. Our city now joins a handful of leading technology cities in the United States to offer its citizens Wi-Fi service. I would like to thank Kite Networks, which was instrumental in this landmark success in building a superior state-of-the-art wireless network.'
Jerry Sullivan, CEO of Kite Networks and president and chief operating officer of MobilePro, said, 'The Farmers Branch wireless network is our second city Wi-Fi deployment this year. This network also marks our company's first deployment with Cisco Systems infrastructure and support. As we proceed in executing our business plan for Farmers Branch, we will concentrate on subscriber growth and revenue while simultaneously working to monitor and refine the performance of our multiple Wi-Fi networks. Kite Networks Farmers Branch is now accepting customer subscriptions for wireless Internet service.'
Farmers Branch residents, visitors, students and mobile workers can secure true mobile broadband connectivity by acquiring the service through the 'Kite.net' SSID on their PC, laptop or any 802.11 Wi-Fi-enabled PDA. Simply opening a web browser starts the signup process. For more information, visit http://www.kite.net/farmersbranch or call (866) 929-9434.
About MobilePro Corp.
MobilePro Corp., based in Bethesda, Md., is one of North America's leading wireless broadband companies. The company serves more than 240,000 total customer lines throughout the United States, primarily through its CloseCall America, AFN and Kite Network subsidiaries. For more information about MobilePro, including investor relations information, contact Hawk Associates at (305) 451-1888, e-mail: info*hawkassociates.com, or visit http://www.mobileprocorp.com.
For investor relations information regarding MobilePro, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com . An online investor 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.
Certain of the statements contained herein may be, within the meaning of the federal securities laws, 'forward-looking statements,' which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See the company's Form 10-KSB for the fiscal year ended March 31, 2006 and its Forms 10-Q for the fiscal quarters ended June 30, 2006 and Sept. 30, 2006 for a discussion of such risks, uncertainties and other factors. These forward- looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
SOURCE MobilePro Corp.
Source: PR Newswire (November 13, 2006 - 11:27 AM EST)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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