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SREA(.11) Involves in $75 million Development Project HONG KONG, June 13 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc. (OTC Bulletin Board: SREA) announced today that its wholly owned subsidiary, RC Capital Limited entered into an agreement to be involved in the development of Dalian Fengming International Recreation Town ('Recreation Town'). Recreation Town is a piece of undeveloped land located in the peninsula in Dalian, the PRC with a current market value exceeding $75 million.
'Dalian is a key city in Northern China and several significant developers from Hong Kong and around the world have formed strategic partnerships with local developers,' commented by Ms. Hoi-ho Kiu, Chairman and CEO of Score One, Inc. 'We believe the involvement in the Recreation Town development project will surely enhance our presence in North China as well as solidify our investment strategy in real estate projects.'
About Score One Inc.
Score One Inc. is a comprehensive investment service group and the parent company of RC Capital Limited, a Hong Kong based corporation which business includes financial consultation, investment and financial planning, enterprise re-organization, public offering consultation, and direct investment.
Safe Harbor
Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of Score One Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases 'can be,' 'expects,' 'may affect,' 'believed,' 'estimate,' 'project,' and similar words and phrases are intended to identify such forward-looking statements. Score One Inc. cautions you that any forward-looking information provided by or on behalf of Score One Inc. is not a guarantee of future performance. None of the information on this website constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in this website. Score One Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Score One Inc.'s control. In addition to those discussed in Score One Inc.'s press releases, public filings, and statements by Score One Inc.'s management, including, but not limited to, Score One Inc.'s estimate of the sufficiency of its existing capital resources, Score One Inc.'s ability to raise additional capital to fund future operations, Score One Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Score One Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Score One Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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PRGJ(.32) Signs Letter of Intent to Acquire Public Safety Corporation June 13, 2007 - 4:30 PM PRG Group, Inc. (PINKSHEETS: PRGJ), a holding company for PRG Systems Inc. and Prime Communications Inc., is pleased to announce that it has submitted a letter of intent to acquire LOCATUM, a private public safety start up in Lyndhurst, New Jersey.
LOCATUM's primary product is a database retrieval system for first responders that provides critical information before arrival at a crisis scene, including building architectural plans. Electronic access to building plans would enable police and rescue to know the best route by which to reach persons in crisis before presence at the building. Representative buildings for the system include schools, health care facilities, public sector buildings, private apartments, office buildings and even residential housing.
"In a time of global terrorism, school shootings and natural disasters, being able to effectively see inside a building without being there could easily be the difference between life and death," said Uma Pandey, CEO of PRG Group. "The potential for LOCATUM's success speaks for itself, and we hope to secure the acquisition quickly."
PRG Group intends to secure the acquisition by issuance of restricted shares.
About PRG Group, Inc.:
PRG Group, Inc. is a holding company for PRG Systems Inc. and Prime Communications that has lines of businesses in: Consulting, Managed Services, Equipment, Network Services and Research & Development. PRG Group subsidiaries provide leading edge business support processes, technology and software to companies seeking to improve their cost structure, productivity and system efficiency. PRG Group has been recognized as a leader in designing integrated solutions for business of all sizes. PRG Group, Inc. is a Delaware based corporation, with offices in New Jersey.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Such forward-looking statements are based on the current beliefs of management and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as: the level of business and consumer spending, the ability of the Company to continue to expand its operations, and economic conditions in the industry. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
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FLMP(.30) First Major Growth in Sales / Shipments Have Begun for Flame Seal's New OEM Program June 13, 2007 - 4:58 PM Flame Seal’s primary OEM clients, that have been the focus of recent press releases, are reaching final stages of development. The Company’s first “program” shipments have begun, to serve the forecasts & requirements of Atlas Refinery, Inc., Flame Seal’s exclusive global distributor to the Leather Industry. Atlas has combined Flame Seal’s Leather Seal fire protection technology with their own tanning oils and technologies to yield superior fire resistance results. This will serve an increasing demand for Fire Retardant Aircraft Leather that Atlas is now experiencing. Flame Seal’s Leather Seal products are being used in varying stages of production of finished leather in tanneries around the world. Thanks to the hard work of Atlas personnel, Flame Seal’s products are enhancing the safety of commercial and private aircraft throughout the world.
From the President:
“Hello Shareholders / Partners! The odds are very good that, if you fly on a commercial airplane, you will be sitting on Flame Seal’s technology. That is because the pace of shipments that we are now seeing translates to over 400,000 square feet of leather being treated every month! Not only is this the beginning of our growth from the efforts of the OEM program, but it is also the beginning of wide-spread use of this technology, which our team has worked so hard to bring about.
“With regard to other primary OEM clients in this program, I can report that since my recent factory visits, we made excellent progress with all OEM Program clients, and should reach this stage with 2 or 3 more OEMs in the next few weeks. More press releases will be issued as this occurs.”
Michael D. Kiser
APOLOGIES: Due to circumstances beyond our control, the “Press Release & Audio Interview” that was mentioned in the last Press Release on May 14 was delayed. We will keep you informed when this comes to pass. In the mean time, the audio interview is at: http://www.wallst.net/superstocks/superstocks_profile.asp?ticker=flmp
BACKGROUND:
FLAME SEAL PRODUCTS, INC. (FLMP) became a public company and began trading March 27, 2000 on the OTC (Non-BB “Pink Sheets”) stock market. Flame Seal Products, Inc. is the Transfer Agent of record.
Flame Seal Products, Inc., Houston Michael D. Kiser, 713-668-4291 flameseal*flameseal.com www.flameseal.com
Source: Business Wire (June 13, 2007 - 4:58 PM EDT)
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TLLE(.40) to Pursue $5.8 Million Software Copyright Infringement Award against Datalogic and Its Directors June 13, 2007 - 5:22 PM Teletouch Communications, Inc. (Pink Sheets: TLLE), a leading U.S. cellular, mobile electronics and related wireless services provider, today announced its intent to actively and aggressively pursue collections efforts against Datalogic International, Inc. (OTCBB: DLGI; “Datalogic”), its directors and related parties. Following the $5.8 million Final Judgment in the case captioned Teletouch, Inc. v. Richard Fry, Locatient, Ltd. Co., and Datalogic International, Inc., Cause No. 6:05-CV-363 awarded in favor of Teletouch on April 16, 2007 by the Unites States District Court for the Eastern District of Texas, Tyler Division District, the defendants in the case (Datalogic) did not file an appeal or motion to vacate the Final Judgment within the timeframe prescribed under the applicable laws. Teletouch intends to execute the judgment against Datalogic assets wherever they may be located and to pursue any and all avenues open to it for recovery. There is no assurance that Teletouch will be successful in collecting all or any part of this judgment.
Under the terms of the judgment, Teletouch was awarded approximately $5.79 million in damages from Datalogic. In addition, Datalogic is permanently enjoined from (i) infringing upon Teletouch’s copyrights of GeoFleet™ software program, (ii) making further use of Teletouch’s confidential and proprietary information and trade secrets; (iii) unfairly competing with Teletouch; and (iv) directly or indirectly interfering with Teletouch’s relationships with its customers or inducing or attempting to induce any such customer to cease or curtail its relationship with the Company.
T. A. “Kip” Hyde, Jr., President and Chief Operating Officer of Teletouch stated, “While we were certainly pleased with the Court’s decision, the task of collecting the award on this landmark case is now in the hands of our private investigators and legal advisors. Our investigation thus far indicates that there are additional parties involved in the infringement and subsequent business actions by the defendant. As a result, additional legal proceedings may be taken by us, both in California and Texas. We plan to vigorously pursue this award and recoup the substantial damages created by the infringing parties.”
About Teletouch Communications
For over 40 years, Teletouch has offered a comprehensive suite of telecommunications products and services including cellular, two-way radio, GPS-telemetry and wireless messaging products and services throughout the United States. Teletouch’s wholly-owned subsidiary, Progressive Concepts, Inc. (PCI), is a leading provider of Cingular® cellular services (voice, data, entertainment), as well as other mobile, portable and personal electronics products and services to individuals, businesses, and government agencies. PCI operates a chain of retail stores and sells under the “Hawk Electronics” brand; Hawk-branded sub-agents; a direct sales force in Texas and Arkansas, and through the Internet at www.hawkelectronics.com and other sites. PCI also operates a national wholesale distribution business, PCI Marketing that serves smaller cellular and automotive retailers, car dealers and rural cellular carriers throughout the country. Teletouch's common stock is traded Over-The-Counter on the Pink Sheets electronic exchange under stock symbol: TLLE. Additional information about Teletouch can be found at www.teletouch.com.
All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Forward-looking statements may address the Company's expected future business or financial performance, and future reporting of historic operating results the accounting for which has not been completed. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," or "will." While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Additional Factors That May Affect Our Business" in the Company's most recent Form 10-K and 10-Q filings, and amendments thereto. In addition, we operate in a highly competitive and rapidly changing environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise any forward-looking statement.
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SCYF(.017) Announces Year-End Operating Results June 13, 2007 - 5:36 PM HOUSTON, June 13, 2007 (PRIME NEWSWIRE) -- Security Financing Services, Inc. (Pink Sheets:SCYF), a provider of sophisticated, IP and physical security convergence solutions, is pleased to announce its financial results for the Twelve Months ended December 31, 2006. Year over year results were (revenue, asset and equity numbers are in 000's):
2005 2006 Incr (Decr) ---- ---- ----------- Revenue 647 2,751 425% Total Assets 221 8,274 3,743% Equity (622) 4,192 4,814% Book Value per share $.0321
SCYF has previously confirmed it is on target to generate forecasted figures. The Company believes that its recent share price represents a good value in the market. Based upon the Company's 12-31-06 Balance Sheet, today's closing price is less than 53% of the Company's book value .
Mike Hardy, President and CEO of SCYF said, "We believe that the market has not yet recognized the true value of our company. In the coming weeks and months we will work diligently to communicate our vision to the investor community and to report our results in an accurate and timely way."
Security Financing Services, Inc. is a cutting-edge technology company focused on end-to-end network solutions for customers. Solutions range from the smallest homeowner to the largest government or commercial enterprise. In addition to providing financing services to alarm dealers and integrators, SCYF also operates and manages a portfolio of alarm monitoring accounts throughout Texas and the Southeast. SCYF designs, installs and monitors digital video surveillance networks for government, industrial and commercial application.
Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
CONTACT: Security Financing Services, Inc. Phillip M. (Mike) Hardy, President 281-340-9704 mhardy*securityfinserv.com
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HMIT(.037) Increases Potential Asset Value as it Acquires Subury Resources, Inc. with Anticipated Values Over $400 Million Projected Over The Next 10 years Jun 13, 2007 6:40:00 PM NEW YORK, June 13 /PRNewswire-FirstCall/ -- Hidalgo Mining International (PINK SHEETS: HMIT), an innovative coal mining company headquartered in New York with coal properties located in Northern Mexico, announced today that it has substantially increased the potential acquisition value of its organization as it has recently acquired Subury Resources, Inc. as a subsidiary.
Subury Resources, Inc. (SRI), a Nevada corporation, presently holds rights to accumulative assets in gold reserves of over 1.3 million troy ounces with an estimated market value $845 million, netting Subury as much as $400 million in gross production profits over the next ten years.
HMIT has purchased SRI by issuing Ten Million shares of restricted stock. All stock issued will be restricted for a two-year period from the date of issuance.
John Darrah, President of HMIT stated:
"This opportunity will open the doors to a new area of business activity for the corporation. We expect it to benefit our shareholders, and greatly enhance the value of the company. This opportunity is both unique and timely for HMIT. This venture into the precious metals market is taking place in the context of a newly emerging economic climate in the precious metal natural resources industry.
Although not originally contemplated as a business direction by the board of directors, it does follow the present intent of providing further financial enhancement and access to capital for new strategic partners and joint ventures.
Our objective in this area of activity is to capitalize on these emerging opportunities to acquire qualified companies with substantial assets for stock while enhancing shareholder values. The acquisition of Subury Resources and its rights to such metals deposits is its next step towards achieving this goal."
ABOUT SUBURY RESOURCES, INC.
According to Subury geologists, the Tudor Gold Property encompasses 50 units by 20 contiguous unpatented mining claims to cover a total area of 1,000 hectares The Property is situated in Ontario, Canada at the intersection of the north trending Moira River Fault Zone and the northeast trending Gilmour Shear Zone. The Tudor Property hosts several gold occurrences with grades of +1 g/t Au. The potential size of the Main deposit based on geological projections should exceed 22.7 million tonnes * 2 g/t Au and contain a resource of 7.3 million tonnes * 5.5 g/t or approximately 1.28 million oz of gold.
In addition, the entire 7 km strike length of the felsite unit hosting the Main Prospect is mostly gold bearing and has excellent down-dip potential to host additional gold deposits comparable to the Main Prospect. For instance, the Polar Zone is situated through a gold occurrence located parallel to Homestake Mineral's Middle and North Zone.
ABOUT HIDALGO MINING INTERNATIONAL
Hidalgo Mining International (Pink Sheets: HMIT), an innovative coal mining company located in New York, NY, currently possesses over 50,000 acres of coal populated land located in Northern Mexico near the Texas border. Within an existing multi-billion dollar industry, HMIT strives to maintain corporate creditability while making aggressive moves to continue marketing its coal production on a global scale. HMIT management and directors hold an abundance of experience and knowledge in this rapidly growing industry that will ultimately result in the success of its ventures and longevity. Learn more about HMIT by visiting: (http://www.hidalgointernational.com)
Disclaimer:
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The results described herein cannot be guaranteed. The development of the subject mining claims by Subury is contingent upon multiple high risk factors that must be successfully dealt with in order to achieve the intended results. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Hidalgo Mining Internationals' future plans. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Hidalgo Mining International to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks detailed in Hidalgo Mining Internationals' periodic report filings with the Securities and Exchange Commission. Hidalgo Mining International undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Hidalgo Mining Internationals' expectations.
Contact: Veronica D. Dunford Investor Relations for Hidalgo Mining International (310)-729-1223 hidalgo*clientservicesint.com
SOURCE Hidalgo Mining International
----------------------------------------------
Veronica D. Dunford Investor Relations +1-310-729-1223 hidalgo*clientservicesint.com for Hidalgo Mining Internati
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SNDN(.26) Class Action Suit against SendTec, Inc. Dismissed 6/13/2007
ST. PETERSBURG, Fla., Jun 13, 2007 (BUSINESS WIRE) -- SendTec, Inc. (OTCBB:SNDN), announced today that the Honorable Paul C. Huck, United States District Judge, signed an order on June 12, 2007 dismissing the putative class action lawsuit filed against SendTec and its officers and directors and certain former officers and directors of the company. The Federal claims of the case were dismissed with prejudice and may not be refiled in an amended complaint. The State law claims were dismissed without prejudice.
About SendTec, Inc.
SendTec, Inc. (OTCBB:SNDN) is a Search-Centric(sm), multi-channel marketing company, deploying traditional agency resources as well as innovative technology solutions for the benefit of ROI-minded advertisers. SendTec is widely recognized for integrating and optimizing online and offline marketing campaigns, most of which leverage SendTec's expertise in Search Engine Marketing and Direct Response Television. For more information, go to www.sendtec.com.
SOURCE: SendTec, Inc.
SendTec, Inc., St. Petersburg Daniel G. Hall, Sr. Vice President, Secretary & General Counsel, 727-576-6630 ext. 202 dhall*sendtec.com
Copyright Business Wire 2007
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VYEY(.21) Announces New Public Relations Firm June 13, 2007 - 4:05 PM Victory Energy Corporation (OTCBB: VYEY) announced today that the Corporation has engaged the services of public relations firm, Bentley Communications.
Bentley Communications will be responsible to provide the most recent news and information updates to potential investors, as well as to the existing shareholders of the Corporation. Bentley will also coordinate advertising and marketing programs for the Corporation. This is part of an overall strategic plan to increase public and private awareness regarding Victory as an investment opportunity.
"We are pleased to have solidified the professional support of Bentley Communications. They are knowledgeable and have demonstrated experience with growth companies such as Victory," stated Jon Fullenkamp, President of Victory Energy Corporation.
About Victory Energy Corporation:
Victory Energy Corporation (http://www.victoryenergyoilandgas.com) is a publicly traded, developmental stage petroleum company primarily dedicated to energy-related opportunities. The Company goal is to evaluate profitable options, develop a solid foundation through leadership and sound business acumen, and acquire producing wells as well as other potentially profitable prospects within the Oil & Gas Industry. Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. The Company's filings may be accessed at the SEC's EDGAR system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements.
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ACTT(.075) Announces Odd-Lot Tender Offer June 13, 2007 - 5:14 PM ACT Teleconferencing, Inc. (OTCBB: ACTT), an independent worldwide provider of audio, video and web-based conferencing products and services, announced that it has today commenced a tender offer for the purchase of all shares of its common stock held by shareholders that owned of record or beneficially 99 or fewer shares as of the close of business on June 6, 2007 and who continue to hold such shares through the expiration of the date of the offer indicated below. The Company will pay $5.00 for each share properly tendered by an eligible shareholder. The high bid quotation for a share of its common stock as reported on the OTC Bulletin Board on June 6, 2007 was $0.07 per share.
If after completion of the purchase offer there are fewer than 300 shareholders of record, as calculated under the rules and regulations of the Securities Exchange Act of 1934, as amended, the Company intends to terminate the registration of its common stock under the Exchange Act so that the Company may become eligible to suspend its duty to file reports with the Securities and Exchange Commission, or the SEC. If successful, the Company would no longer be required to file periodic and current reports with the SEC or be subject to the SEC’s proxy rules.
Shareholders and investors are urged to read ACT Teleconferencing, Inc.’s Schedule 13E-3 filed today with the Securities and Exchange Commission in connection with this tender offer, which includes the offer to purchase. These materials contain important information with respect to the offer including the various terms and conditions of the offer.
Investors may obtain copies of ACT Teleconferencing, Inc.’s Schedule 13E-3 for free from the SEC’s Web site (www.sec.gov) or from ACT Teleconferencing, Inc. Questions or requests for documents also may be directed to the Company, at (303) 233-3500 or Morrow & Co., Inc., the information agent for the offer, at (800) 607-0088.
This press release is for informational purposes only and is not an offer to buy or a solicitation of an offer to sell any shares of ACT Teleconferencing, Inc.’s common stock. The offer is being made solely by the offer to purchase and the accompanying letter of transmittal, each dated June 13, 2007, which have been mailed today to shareholders. The offer will expire at 5:00 p.m. Eastern Daylight Time on July 18, 2007, unless otherwise extended or earlier terminated. Eligible shareholders who would like to accept the offer must tender all shares that they own. Partial tenders will not be accepted.
Statements made in this news release that are not historical facts may be forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Important factors that could cause actual results to differ materially from those anticipated by any forward-looking information include, but are not limited to, future economic conditions, competitive services and pricing, new competitor entry, financing, the delivery of services under existing contracts and other factors. For a more detailed description of the factors that could cause such a difference, please see the section entitled “Risk Factors” under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in ACT’s Annual Report on Form 10-K for the year ended December 31, 2006, as well as the Company’s other filings with the Securities and Exchange Commission. ACT disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
ACT Teleconferencing, Inc. Rick Fresia, 303-233-3500 Chief Financial Officer rfresia*acttel.com
Source: Business Wire (June 13, 2007 - 5:14 PM EDT)
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UCSY(.0016) Subsidiary AirWater Corporation Dispatches First Two Large Containers of 540 Air to Water SOHO Machines to Japan as Part of the Initial Delivery of the $4.8 Million Order Jun 14, 2007 1:00:00 AM MIAMI BEACH, FL -- (MARKETWIRE) -- 06/14/07 -- Universal Communication Systems, Inc. (PINKSHEETS: UCSY) (BERLIN: UVC) (XETRA: UVC) (FRANKFURT: UVC) (MNCH: UVC) (WKN: 917633) subsidiary AirWater Corporation company president, Michael Zwebner, announced today that the company has successfully completed the manufacture of and has dispatched out the first two large containers totaling 540 Air to Water SOHO Machines to Japan.
In a statement issued today, Mr. Zwebner stated: "The Company is pleased to announce the completion of the manufacture and dispatch of the first two large containers totaling 540 Air to Water SOHO Styled Machines to our new customer in Japan. The company, in a deal worth about $4.8 Million, recently received an order totaling some 11,000 SOHO machines from Japanese clients and plans to complete and deliver the entire order over the next 12 months."
About Universal Communication Systems, Inc.:
Universal Communication Systems, Inc. is a publicly quoted US Company with operating subsidiaries concentrating on operations in the field of Water from Air extraction, Manufacture of and provision of PV Solar Energy, Solar-powered consumer electronic products, and security products.
AirWater Corp. designs and manufactures a wide range of Air to Water machines and systems that can offer consumers from 25 liters to over 5,000 liters of pure filtered drinking water daily. The company manufactures the machines in several global manufacturing locations, and markets and distributes the entire range of its machines and systems on a worldwide basis.
Solar Style, Inc., based out of Baltimore, MD, offers a complete range of PV Solar Chargers with sizes and powering capabilities for a wide range of consumer electronic products, including mobile phones, Walkmans, Discmans, cameras, mp3 players and personal gaming systems. The company has filed and applied for US, Canada, European and worldwide patent protection for its range of solar chargers.
Caution Concerning Forward-Looking Statements by Universal Communication Systems, Inc. This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of Universal Communication Systems, Inc. More detailed information about these factors may be found in filings by Universal Communication Systems, Inc. with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Universal Communication Systems, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact: Universal Communication Systems, Inc. - Miami Beach Rolando Sablon 305-672-6344 Company web address: http://www.ucsy.com
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SKRCO, Inc Cancels Forward Split and Adds Seminar Dates SKRCO Inc. (PINK SHEETS:SKCI) Company President Brian Conrad announces today that the previously mentioned forward share split has been cancelled. Recent positive revenue developments, as well as pending acquisitions and other developments allowed us to revisit the issue. The Board of Directors felt it was in the best interest of shareholders to cancel this action. The company is on track for Market Maker representation, which we feel will result in the company being at the proper level of share price.
The company will still be changing the name of the corporation to Diversity Group International Inc. which includes a change in CUSIP number.
Brian Conrad comments, "We appreciate the feedback and understanding of our present and future shareholders. We have always strived to keep our stakeholder informed every step of the way as we grow. In the coming weeks, we will announce many finalized positive developments that will back up the decision made today. We have never had a brighter future nor the growth we are experiencing currently. We look forward to sharing these results very soon."
CEO Les Eveneshen is pleased to announce the company has seminars in the following cities over the next month:
June 15 Los Angeles
June 16 San Francisco
June 18, 19, 20 Miami
June 22 Toronto
June 24 Dallas
June 27 Las Vegas
June 30 Los Angeles
July 7 Toronto
For more information on the Company, please visit the Company's website at http://www.skrcoinc.com.
To be added to the company’s investor e-mail list, please send e-mail requesting to be added to the list to info*skrcoinc.com.
About SKRCO, Inc.
SKRCO Inc. is a multifaceted marketing and production company. Our current operations pinpoint niches within the personal development and financial educational seminar industry. Our longer term focus centers around finding, acquiring, and growing undervalued business opportunities and utilizing our sales and marketing expertise to add significant value.
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of SKRCO, Inc. to be materially different from the statements made herein.
SKRCO, Inc Brian Conrad, 702-448-3854
Source: Business Wire (June 14, 2007 - 8:46 AM EDT)
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TEMECULA, CA, Jun 14, 2007 (MARKET WIRE via COMTEX) -- Franchise Capital Corporation (PINKSHEETS: FCCN) today announced that Aero Exhaust, Inc., with which it has executed an acquisition agreement, provided an update on the status of the rollout of new products in its line of automotive performance exhaust systems.
Aero Exhaust mufflers are an exclusive NASCAR Performance product and carry the prestigious NASCAR brand on product, packaging and related media.
The prototypes for a new line of direct fit mufflers has been completed, tested and the line is currently in production with availability estimated for the month of July 2007. The new mufflers combine the technology of Aero Exhaust's turbine and stealth lines and are designed to fit a variety of automobiles without modifying the existing exhaust pipes. There are 13 new styles and configurations in the muffler line that will fit a large number of automobile makes, models and years.
A new line of full turbo and cat-back systems diesel exhaust systems, which include all parts from the catalytic converter, turbo charger or muffler back to the tailpipe, has also been completed and is currently in production with product expected to be available for distribution by July 2007. The diesel line of exhaust systems includes 20 different kits for a variety of different makes and models of trucks.
The full diesel exhaust systems are expected to be targeted to both existing and new Aero Exhaust markets, including Original Equipment Manufacturers (OEMs), which would consist of automobile manufacturers and dealerships that could offer the systems as optional equipment or potentially include them as standard equipment.
Additional new product lines are in the prototype stage, including more full cat-back systems, which will increase the number of makes and models that Aero Exhaust systems will fit. Subsequent announcements that will update the progress of additional product rollouts are expected as the new products go into production and are prepared for introduction to the automotive industry.
Bryan Hunsaker, CEO of Aero Exhaust, Inc., commented, "We are pleased to announce the expected rollouts of these new Aero Exhaust products and look forward to introducing them to the consumers, suppliers and the automotive industry as a whole. We also look forward to the upcoming 'Two Guys Garage' program on SPEED Channel to demonstrate these products to viewers in several new segments. We expect to announce the air dates for the 'Two Guys Garage' spots in the near future."
To sign up to receive information by email directly from Franchise Capital Corporation whenever new press releases, investor newsletters, SEC filings, and other new material is issued by the company, please visit http://www.franchisecapitalcorp.net .
About Aero Exhaust:
Aero Exhaust is a world leader in performance exhaust airflow technology, manufacturing and distributing the most technologically advanced muffler on the market. Its product lines are built to the highest industry standards and offer the consumer a lifetime warranty. Aero Exhaust has been issued U.S. and Australian patents on its innovations and development in the exhaust industry, and its mufflers are available worldwide through major retailers, mass merchant centers, automotive aftermarket supply stores and wholesalers. Aero Exhaust mufflers are an exclusive National Association for Stock Car Auto Racing (NASCAR) Performance product and carry the prestigious NASCAR brand on product, packaging and related media. NASCAR legend Rusty Wallace is the official spokesperson for Aero Exhaust products. Additional information on Aero Exhaust's products, race team, and motorsports ventures can be found on its corporate web site, www.aeroexhaust.com .
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K/A for fiscal year 2005 filed with the Securities and Exchange Commission.
CONTACT: Gemini Financial Communications, Inc. A. Beyer 951-587-8072 Email Contact
Press Release Source: Grand Entertainment & Music, Inc.
Grand Entertainment & Music, Inc. Announces Success of New Song Release Thursday June 14, 11:22 am ET
MONTREAL--(MARKET WIRE)--Jun 14, 2007 -- Grand Entertainment & Music, Inc. (Other OTC:GMSC.PK - News) is pleased to announce that the first single off of Qbanito's follow up French Album has fans asking for more. Approximately two weeks ago, "Guantanamera," the first release off of Qbanito's new album "Mauvais Accent," entered the Canadian Club Charts. After one week on the charts, the song was at number 49. Qbanito is slowly working his way up the charts as this past week "Guantanamera" reached number 38. The song was delivered to Canadian radio stations last Tuesday, and is set to hit airwaves sometime this week. The video for the new song has been delivered to Music Plus (Canada's version of MTV), and is currently awaiting approval from the station's approval committee. In the meantime, fans can catch a glimpse of the new video on Qbanito's website: www.Qbanito.ca.
"A lot of people in Canada are talking about this new song," stated Raul Cuza, Qbanito's manager. "This song is a part of Qbanito's heritage. He wanted to create a personalized tribute to his culture while embracing the significance and history behind the song. Judging by the crowd responses and club requests, I think we could have another hit like 'Maria' on our hands."
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 November 2006, Grand Entertainment acquired half of Lost City Records, adding a half dozen award-winning artists, including rising rap star Big Lou, and a 500+ song catalogue to Grand's existing assets. In addition, the company will continue to 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: Contact: Grand Entertainment and Music, Inc. Investor Relations (866) 795-4366 IR*Gmsc-info.com http://www.gmsc-info.com
-------------------------------------------------------------------------------- Source: Grand Entertainment & Music, Inc.
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NVMG(.006) Unveils New Corporate Website Jun 14, 2007 1:15:00 PM FOREST HILLS, N.Y., June 14 /PRNewswire-FirstCall/ -- Native American Energy Group, Inc. (the "Company," or "NAEG") (Pink Sheets: NVMG), an independent, energy resource development and management company, today unveiled its redesigned website, featuring the NAEG "Tribal Empowerment Program."
The launch of this information-rich resource coincides with Native American Energy Group's transition from a simple oil & gas company into an energy resource development and management company for America's tribal nations. The NAEG Tribal Empowerment Program has changed the way our financial partners view and assess projects with Native American tribes. For years NAEG has advocated that tribes in the U.S. should be looked at as individual countries within our borders, therefore qualifying for special programs designed specifically for underdeveloped countries.
CFO, Raj Nanvaan stated, "This change to the website was long overdue. We felt the old website was no longer representing the company properly. NAEG has evolved and the projects we are currently working on will require more interaction with various groups throughout the country and this new website makes that possible. Native American Energy Group has taken a more active role in economic development with tribes in the United States which includes more than just oil and gas development."
The redesigned website has improved the overall visitor experience. It includes several enhancements and new features to strengthen the online presence of Native American Energy Group and brings greater awareness to the plight & needs of the Native American Nations in this country.
Native American Energy Group (NAEG) is an energy resource development and management company for America's tribal nations. Based in New York and trading under the symbol NVMG, the Company specializes in the development of mineral resources & renewable energy systems in Indian Country thereby stimulating tribal communities and creating economic development.
PLEASE NOTE: The new website will require a few days for additional fine tuning. Visitors are asked to revisit the site over the next several days as certain components will change.
Safe Harbor Statement: This News Release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities & Exchange Act of 1934, as amended, with respect to corporate objectives, projections, estimates, operations, acquisition and development of various interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.
SOURCE Native American Energy Group, Inc.
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SmarTire Brings Tire Pressure Monitoring System to John Deere Product Line RICHMOND, British Columbia, June 14 /PRNewswire-FirstCall/ -- SmarTire Systems Inc. (OTC Bulletin Board: SMTR) today announced that it has signed an agreement to supply its SmartWave tire pressure monitoring system (TPMS) to Deere & Company, maker of the well-known John Deere vehicles.
'We're very pleased to be working with Deere & Company, a leading global manufacturer of vehicles in the construction, mining and forestry sectors,' SmarTire CEO Dave Warkentin said. 'The off-road (OTR) market is a key part of our business strategy and we believe that our agreement to supply Deere & Company is a major step forward in our effort to penetrate the OEM segment of that market. We are excited that the engineering phase has been successfully completed and expect production to begin soon.'
SmartWave TPMS is a real-time electronic system that actively and accurately measures the air pressure and temperature for each tire on a vehicle. The system transmits data wirelessly to a receiver mounted on the vehicle, and displays the information in the cab. SmartWave TPMS simplifies the tire maintenance process resulting in an overall reduction of fleet operating costs. Whether it's alerting the driver to a specific under- inflated tire or providing fleet maintenance staff with the capability to quickly and accurately measure tire pressure, SmartWave TPMS is an invaluable tool for fleets. Suitable for all wheel and tire types, SmartWave TPMS can be installed at any point in the vehicle's life.
About SmarTire Systems Inc.
SmarTire develops and markets proprietary advanced wireless sensing and control systems worldwide under the SmartWave(TM) trademark. SmarTire has developed numerous patent-protected wireless technologies and advanced tire monitoring solutions since it was founded in 1987. Its proprietary SmartWave(TM) platform provides a foundation for the addition of multiple wireless sensing and control applications. The initial product release on the SmartWave platform is SmartWave(TM) TPMS, which leverages on SmarTire's background and knowledge in tire monitoring solutions. SmarTire has offices in North America and Europe.
Except for historical information, this news release contains forward- looking statements that involve substantial risks and uncertainties. When used in this news release, the words 'expects,' 'may,' 'intends,' 'plans', anticipates, 'likely', 'believes' and similar expressions can be used to identify forward-looking statements. Forward-looking statements are based on current facts and analysis and on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Actual results, performance, or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements in this press release include SmarTire's belief that its agreement to supply Deere & Company is a major step forward in SmarTire's effort to penetrate the OEM market and its expectation that production for Deere & Company should begin soon. This forward-looking statement is based largely on the expectations of SmarTire and is subject to a number of risks and uncertainties that are beyond SmarTire's control. These include, but are not limited to, risks and uncertainties associated with, SmarTire's ability to obtain additional financing and to continue as a going concern, SmarTire's dependence on key personnel, the effects of competitive pricing, SmarTire's dependence on the ability of third-party manufacturers to produce components on a basis that is cost-effective to SmarTire, market acceptance of SmarTire's products, acceptance of SmarTire's products by prominent customers, SmarTire's ability to keep up with technological advances in the industry, the effect of competitive products and the effects of governmental regulations. SmarTire cautions that the foregoing factors are not exhaustive. For a detailed discussion of these and other risk factors, please refer to SmarTire's filings with the Securities and Exchange Commission, including its annual report on Form 10-KSB and subsequent quarterly reports on Form 10-QSB. SmarTire expressly disclaims any intent or obligation to update any forward-looking statements.
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KTEL (.08) Sets Record Date for Reverse/Forward Stock Split
Business Wire "US Press Releases "
PLYMOUTH, Minn.--(BUSINESS WIRE)--
K-tel International, Inc. (Pink Sheets:KTEL) (the "Company") announced today that it has set a record date of July 17, 2007 for shareholders of record affected by the proposed reverse split of the Company's common stock intended to take the Company private. The reverse split and forward split described below was originally announced on January 9, 2007. Under the terms of the reverse split, each 5,000 shares of the Company's common stock will be converted into one share of common stock and holders of fewer than 5,000 shares of common stock on the record date will receive cash of $.095 per pre-split share.
Immediately following the reverse split, the Company will effect a 5,000-for-1 forward split so that the number of shares held by each holder of at least one share of common stock following the reverse split will ultimately be unchanged. We refer to the reverse split, forward split, and the related payments to shareholders holding fewer than 5,000 pre-split shares as the "Reverse/Forward Split."
The anticipated result of the Reverse/Forward Split will be to reduce the number of our shareholders of record to fewer than 300. The Company intends to cease filing periodic reports with the SEC as soon as practicable following the Reverse/Forward Split.
The Company's Board of Directors has approved the Reverse/Forward Split based on its determination that the Company achieves few of the benefits of public ownership because of a lack of an active trading market for its common stock, while remaining burdened with the significant costs of being a publicly held company.
Under Minnesota law, the Board of Directors of the Company may amend the Company's Articles of Incorporation to conduct the Reverse/Forward Split without the approval of its shareholders. Therefore, the Company is not seeking shareholder approval for the Reverse/Forward Split.
The SEC has completed its review of the Company's Schedule 13E-3. On or about June 20, 2007, the Company anticipates that it will distribute required material, including the definitive Disclosure Document, to its shareholders. The Reverse/Forward Split will not be effective until the Company files amendments to its Articles of Incorporation with the state of Minnesota, which the Company anticipates doing on or about July 19, 2007.
The Disclosure Document filed as an exhibit to the Schedule 13E-3 contains additional important information regarding the Reverse/Forward Split. Copies of both the preliminary Disclosure Document, and any amendments or supplements thereto, and the definitive Disclosure Document are available without charge at the SEC's website at www.sec.gov or from the Secretary of the Company when the definitive Disclosure Document is mailed to shareholders.
About K-tel International, Inc.
K-tel licenses its music catalog internationally and markets entertainment products mainly derived from its catalog through retail and direct response marketing channels in the United States and Europe.
Certain statements in this press release constitute "forward-looking statements" within the meaning of Section 21E of the Exchange Act, and are subject to the safe harbors created thereby. The forward-looking statements contained in this release are based upon various assumptions, and certain risks and uncertainties could cause actual results to differ materially from those stated. For further details and a discussion of these risks and uncertainties, see the Company's filings under the Exchange Act, including its most recent Form 10-K for the fiscal year ended June 30, 2006. The Company undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SLWF (.001) Satisfied $4.9 Million Loan Debt With Ayuda Funding With Restricted Rule-144 Shares of 1st Global Financial and DLR Funding
Market Wire "US Press Releases "
LAS VEGAS, NV -- (MARKETWIRE) -- 06/14/07 -- Seamless Wi-Fi, Inc. (OTCBB: SLWF) today issued a clarification of the terms of the fulfillment of the requirements of a Loan Satisfaction Agreement with Ayuda Funding Corp., a Nevada corporation ("Ayuda"). To retire the debt in full Seamless Wi-Fi transferred 1,000,000 Rule-144 restricted (as of date of transfer) shares of common stock of 1st Global Financial Corp. (PINKSHEETS: FGBF), a Nevada corporation, and 500,000 Rule-144 restricted (as of date of transfer) shares of common stock of DLR Funding, Inc., a Nevada corporation, (collectively, the "Repayment Shares") to Ayuda as payment in full of the three separate loans made by Ayuda to the Company with an aggregate balance of $4,904,508.03.
The transfer of the Rule-144 Restricted Repayment Shares from the Company to Ayuda has been completed and has been deemed satisfied in full.
ABOUT AYUDA FUNDING
Ayuda Funding Corp. is an independent lending institution based in Carson City, Nevada with offices in New York and New Jersey, with a 20+ year track record of developing and completing financing alternatives for public companies, top management and real estate developers based upon collateralized assets. Ayuda's management team combines creative financing expertise and vision to unlock value and resources through working intimately with their clients to understand their assets, needs and potential. For more information about Ayuda please call 1-877-298-3248 or visit the web site at www.ayudafunding.com.
About Seamless Wi-Fi:
Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company listed on the OTC Bulletin Board under the symbol SLWF. Seamless Wi-Fi develops and markets secure cutting-edge internet communications products and services through its three operating subsidiaries: Seamless Skyy-Fi, Inc., Seamless Peer 2 Peer, Inc., and Seamless Internet, Inc. Seamless Skyy-Fi, Inc. (www.skyyfi.com) has Wi-Fi hotspots and is developing the "Secure Internet Browsing" Wi-Fi encryption software program "SI(n)B™." Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) has developed and launched Phenom™ V3.0, its Secure Peer 2 Peer Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant internet communications over standard internet services. Seamless Internet, Inc. (www.seamlessinternet.com) is manufacturing and marketing the S-Xgen™ Ultra Mobile Personal Computer and Communications Device including a 3G phone that combines portability, connectivity, processing power and entertainment capabilities for the ultimate road-warrior laptop replacement. Seamless Internet also provides secure hosting services for all Seamless Wi-Fi company clientele.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Seamless Wi-Fi or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
Contact:
Rich Schineller 646.257.3969 rich*slwf.net
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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