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SGIHF(.11) Purchases the Complete Assets of Thoroughbred Style Magazine And Incorporates Silks Media Corporation Mar 19, 2007 9:50:00 PM TORONTO, ONTARIO -- (MARKET WIRE) -- 03/19/07 -- SUNGOLD INTERNATIONAL HOLDINGS CORP. ("Sungold") (OTCBB: SGIHF)(FRANKFURT:WKN 608164, Berlin) -
Sungold International Holdings Corp. today announced it has expanded its horse racing-related media interests with the purchase of the complete assets of Thoroughbred Style Magazine and web site from Thoroughbred Capital 2006 LLC. Sungold� has agreed to contribute these assets to Silks Media Corporation, a company being incorporated in Nevada in exchange for the initial share capital. A similar number of initial shares will be issued to the operations management team for their participation. Silks Media Corporation will undertake the process of filing the necessary documentation to become publicly traded and is targeting the OTCBB as its initial venue, with the NASDAQ Small Cap market as its goal upon qualification.
Silks Media will publish Thoroughbred Style Magazine and Larry Simpson will serve as Executive Editor. Mr. Simpson brings a wealth of publishing experience to Silks Media Corporation gained as Publisher and writer for numerous horse racing publications over a period of 25 years.
Speaking about the company's acquisition, Larry Simpson said, "Thoroughbred Style Magazine becomes the flagship of Sungold's media and branding operations. With this vehicle Sungold� is embracing future markets, capturing new venues and acquiring a new opportunity to advertise and brand the core Horsepower� products. Thoroughbred Style's feature articles on racing, travel, fashion, and personal interest stories center on the people that drive our industry. The fact that we are the first true Thoroughbred lifestyle magazine gives us tremendous potential to be a market leader in a unique demographic. A preview issue published in December received excellent reviews, (a sample can be viewed at the web site www.thoroughbredstyle.net) and the first official issue will be published for July."
About Sungold International Holdings Corp.:
Sungold� is in the business of developing entertainment and e-commerce business in Canada, USA and internationally. Sungold� has three 100% wholly owned subsidiaries: Horsepower Broadcasting Network (HBN) International Ltd., Racing Unified Network (R.U.N.) Inc. and SafeSpending Inc. Sungold� controls the technology, source codes, trademarks, patents, copyrights and the worldwide title, rights and interest in each of the wholly owned subsidiaries. Sungold� is a fully reporting public corporation trading as SGIHF-OTCBB.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to future impact on the Company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Such information may contain statements that involve risk and uncertainties and are subject to change, at any time. The Company's results may differ materially from expected results. Information on the factors which could affect the Company's operations or financial results are included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.
Contacts: McDerMedia, Inc. John McDermott Public Relations 1-888-SUN-INTL Email: pr*sungoldintl.com Website: www.sungoldintl.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PFNC(.10) Has Chosen a Company in China for the Tooling and Manufacture of the PC-E Ergonomic Workstation Mar 19, 2007 6:48:00 PM PALM SPRINGS, CA -- (MARKET WIRE) -- 03/19/07 -- ParaFin Corporation (OTCBB: PFNC): The Board of Directors of ParaFin Corporation (the Company) announces the Corporation has completed final stage arrangements for the manufacture and production of its fully customizable computer workstation acquired from PC-E Computers Inc. (PCE, www.mypce.com, US Patent Number 7,134,719 B2, and US Patent Pending). ParaFin acquired the assets, Patents and Patents Pending 13 months ago.
ParaFin Corporation has completed interviewing manufacturing companies in the US, China and Asia for the tooling and manufacturing of its Personal Computer Environment workstation. ParaFin has selected MGB Marketing, a US-based company with over 20 years experience in foreign manufacturing to oversee offshore production.
ParaFin Corporation will produce 1,000 units following final approval of the first manufactured samples. The PCE workstation (Patent Pending in the USA) was recently redesigned and new Patents have been applied for.
PCE's innovative C-shaped workstation design is ergonomically engineered to reduce users' susceptibility to repetitive stress injuries and musculoskeletal disorders and, therefore, contribute to increased productivity and decreased employee health care costs.
Modular in design (www.mypce.com), the units can be customized for a broad range of business and entertainment applications that utilize monitors and computers. Call centers, military uses, computer programming, currency traders, product design, education, financial brokerage, radiology reading, security monitoring, and video gaming are only a few of the applications for the PCE units.
When the PCE workstation was first introduced, it garnered impressive international media attention from CNN and TechTV, in Wired and Stuff magazines, and in Newsweek Japan, among many others. The re-designed PCE should generate even more attention. Information on the PCE workstation will soon be available at www.mypce.com.
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 company's 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: ParaFin Corporation Telephone: (877) 613-3131 Internet Web Site: www.parafincorp.com Facsimile: (866) 613-3131 E-Mail: ceo*parafincorp.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ACTT(.14) Announces New Strategic Initiative and Management Changes
ACT Teleconferencing, Inc. (OTCBB: ACTT), an independent worldwide provider of audio, video and web-based conferencing products and services, announced today the reorganization of its senior management suite. Gene Warren stepped down from his CEO and director posts today to become the Company’s Head of Strategic Initiatives. Mark Kelly, ACT’s Chief Technology Officer, will assume the role of Chief Operating Officer with responsibility for technology and operations. Ken Knopp, the company’s former Vice President of Operations, left the Company today to pursue other interests.
Mr. Warren stated, “We have been addressing the Company’s challenges in order of priority since our financial restructuring in 2005. I am very proud of the success my team has had in returning the Company to profitability in this timeframe. With a renewed platform in place, I now believe our most urgent focus should be building new strategic alliances for the Company, and I intend to dedicate my full energy to this crucial initiative.” Mr. Warren added, “Building partnerships with keystone clients is what built value at ACT historically, and I view renewing these efforts as the critical path item for the Company’s continued success.” Peter Salas, Chairman of the Board of Directors, noted, “With operations much improved, I believe the Company is ready for its next challenge. We are now asking Gene to dedicate himself to building strategic partnerships worthy of the new platform. We are very pleased that Gene is taking on this important initiative, but at the same time recognize that it will require his full attention. Accordingly, Gene is allocating his managerial and administrative duties to other officers, so that he can dedicate himself entirely to this new push. We have every confidence that he will succeed.”
Mr. Salas added, “In reviewing our operational improvements, it is clear that Mark Kelly, in particular, has been a very strong contributor to our successful restructuring. He has proven that he can manage the operational side of the business, and so we have promoted him to COO. We look forward to his continuing success in this new role.”
About ACT Teleconferencing
Established in 1990, ACT Teleconferencing, Inc. is a leading independent worldwide provider of audio, video and web-based conferencing products and services to corporations, educational organizations and governments worldwide. ACT’s integrated global audio and video conferencing platforms provide uniform international services, customized uniform billing, managed services and local language services. The Company's headquarters are located in Denver, Colorado, with operations in Australia, Belgium, Canada, France, Germany, Hong Kong, Singapore, the U.K. and the U.S., with several virtual locations, including Japan, China, Taiwan, Indonesia, Spain, Sweden, Switzerland, Russia, Poland and South Africa.
Forward-Looking Statements: Matters discussed in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as may, should, expect, plan, intend, anticipate, believe, estimate, predict, potential or continue, the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from the events or results indicated in any forward-looking statements. In evaluating these statements, you should specifically consider various factors, including the “Risk Factors” included in our Form 10-KSB filed for the year ended December 31, 2005.
ACT Teleconferencing, Inc. Liza Kaiser, 303-233-3500 lkaiser*acttel.com
Source: Business Wire (March 19, 2007 - 5:05 PM EDT)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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STTC(.028) Announces Expansion Into Lucrative Metro DC Market
ISELIN, N.J., March 19, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTCBB:STTC) (German WKN: TG6) has announced that the Company has established an office in the lucrative Washington, DC, metro area market.
"SoftNet's expansion into the DC metro market is consistent with the Company's long term strategy for organic growth. The area has been a prime expansion target based on the Company's existing national agreements and the large IT community based in the DC-Dulles corridor," said Bill Raby, National Director, Telco/Enterprise Practice.
A new Branch Sales Manager, Andrew Clark, will staff the DC area office.
"The Company was very fortunate to secure the services of a talented sales executive after a long and thorough selection search. Mr. Clark brings to the Company numerous local contacts and established relationships in the IT community. Establishing a physical presence in this market will enable SoftNet to better execute on our existing national agreements and secure new, incremental engagements. In fact, the Company has already realized the benefits of this new office by securing an engagement with a nationally known IT organization," reported Mr. Raby.
Mr. Clark brings over 15 years of sales, marketing, recruiting, and management experience. Prior to joining SoftNet, Mr. Clark held the position Vice President of Vistech Systems before becoming the Director of IT Staffing and Solutions for SPS Technologies. He most recently worked as a senior business consultant, supporting various local IT services organizations, such as ITT Industries, Verizon Federal Network Systems, and NCI Information Systems, Inc. Mr. Clark is a graduate of the University of Central Florida and is currently pursing an MBA.
Please visit our website at http://www.softnettechnology.com for more information. For Investor Relations, please contact James Booth, CEO, at 908-212-1799, option 7.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
CONTACT: SoftNet Technology Corp. Investor Relations James Booth, CEO (908) 212-1799, option 7
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Haz Holdings, Inc. (OTC:HAZH) ("Haz Holdings" or the "Company"), announced the closing of the merger, effective March 15, 2007, between Haz Holdings Inc., a Texas corporation, f/k/a Oncology Med, Inc., and Haz Holdings, Inc., a Delaware corporation (the "Merger"), that, as a result of the Merger is now the wholly-owned and operating subsidiary of the Company. The Company originally announced the merger agreement on February 5, 2007.
The Company's primary business is the ownership and management of hotel properties. The Company wholly-owns three family friendly mid-range business hotels operating under the brand names "Hotel Marquis & Suites" and "Marquis Inn & Suites" (www.hazhotels.com). Its existing hotels consist of the 174-room Hotel Marquis and Suites Intercontinental Airport hotel in Houston, Texas, the 203-room Hotel Marquis Airport in San Antonio, Texas, and the Marquis Inn & Suites, a 30-room economy hotel with 70 recreational vehicle units in Edmonton, Alberta, Canada.
Haz Holdings' five year business plan is to increase its ownership portfolio by acquiring 100-300 rooms hotel properties, while concurrently franchising additional hotels under its brand names. Near term strategy is to acquire properties at below replacement value and leverage its holdings toward further expansion.
Haz Holdings recently announced agreements with Air France, American Airlines, China Airlines and Continental Airlines to provide accommodations to stranded air travelers departing from George Bush Intercontinental Airport in Houston, Texas and San Antonio International Airport in San Antonio, Texas.
The Company's portfolio includes wholly-owned subsidiaries: Mortgage and Financial Institute, LLC (www.mfibanking.com), a mortgage brokerage company specializing in commercial and residential lending in Washington and Alaska; Nationwide Hotel Management, LLC, a hotel management company; KB Realty Group International LLC, a commercial and residential real estate sales company; Evergreen Sound Construction, LLC, a commercial and residential development company; and DoTravelDeals (www.dotraveldeals.com), a global travel booking engine.
Karim Bhanji, CEO of Haz Holdings: "Now that the merger is complete, the Company can continue to focus on our goal of acquiring up to 75 corporate-owned properties and franchising our corporate hotel brand to 155 properties throughout North America over the next 5 years. We also look forward to the exposure this will bring as we seek to expand the Company's other subsidiaries."
About Haz Holdings, Inc.
Haz Holdings owns and manages three mid-scale, full-service hotels in the United States and Canada, under the brand names "Hotel Marquis & Suites" and "Marquis Inn & Suites."
NOTE: This press release may contain ``forward-looking statements.'' In some cases, you can identify forward-looking statements by terminology such as ``may,'' ``will,'' ``should,'' ``could,'' ``expects,'' ``plans,'' ``intends,'' ``anticipates,'' ``believes,'' ``estimates,'' ``predicts,'' ``potential,'' ``continue'' or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) the company's ability to manage its current merger transaction; (2) the company's limited operating history; (3) the company's ability to pay down existing debt; (4) the company's ability to secure necessary financing for its property acquisitions; (5) potential litigation by shareholders and/or former or current advisors against the company; (6) the company's ability to comply with federal, state and local government regulations and/or unforeseen changes in federal or and government regulations; and (7) the risks inherent in the investigation and consummation of the acquisition of a new business opportunity or other factors over which we have little or no control.
Source: Haz Holdings, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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LOS ANGELES, CA -- (MARKET WIRE) -- 03/19/07 -- National Healthcare Technology Inc. (OTCBB: NHCT), d/b/a Brighton Oil, announced today that it has completed several major changes to the company.
The company has received final approval from the majority shareholders to change the name from National Healthcare Technology Inc. to Brighton Oil Inc. These actions will be formally approved at the shareholders' meeting to be held within the next several weeks.
The company has announced the appointment of Sam Plunkett as the new president of the company. Sam Plunkett has extensive experience in oil and gas development, as well as securities and law. Mr. Plunkett is a licensed attorney in the state of California, and brings an enormous amount of skill and knowledge to the company. Mr. Plunkett's background will allow the company to quickly execute its acquisitions, agreements and contracts.
The company also has announced the closing of the purchase of an oil and gas drilling rig, which will be used for the drilling of the wells which the company will be developing. That rig is being mobilized to start drilling on several of the lease locations which the company owns in the next few weeks.
The company also has announced the closing of several purchases of oil and gas leases, and the execution of several additional leases which will be closing in the next week. The company is now positioned to grow substantially.
In addition, the company is set to relocate its main office to Dallas by the end of April. This will allow the company to hire highly trained and experienced oil and gas personnel and have a geographic central base in which to operate its projects. The company will maintain field offices in Kansas, California, and Oklahoma.
Mr. Plunkett has stated, "The company can now focus on its growth, improving shareholder value and directing the company to expand upon the oil and gas opportunities which exist. It is my expectation that the share price of the company should dramatically improve over a very short period of time."
About Brighton Oil:
Brighton Oil is an oil and gas company with a focus on gulf coast oil and gas prospects and properties. Brighton is careful to develop a thorough drilling plan using advanced technologies in both mapping and the use of 3D seismic reports and information. Brighton Oil trades under the ticker symbol NHCT. For more information on the Company visit www.Brightonoil.com.
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words "expects," "projects," "plans," and certain of the other foregoing statements may be deemed "forward-looking statements." Although Brighton Oil believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this press release. These include risks inherent in the drilling of oil and natural gas wells, including risks of fire, explosion, blowout, pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production risks inherent in oil and natural gas drilling and production activities, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative of future well performance or delay the timing of sales or completion of drilling operations; risks with respect to oil and natural gas prices, a material decline in which could cause the Company to delay or suspend planned drilling operations or reduce production levels; and risks relating to the availability of capital to fund drilling operations that can be adversely affected by adverse drilling results, production declines and declines in oil and gas prices and other risk factors.
Contact: Steve Taylor 973-351-3868 Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PGPM(.03)Announces Execution of Purchase of Working Interest by General Energy Corporation Mar 20, 2007 2:30:00 AM Copyright Business Wire 2007 IRVING, Texas--(BUSINESS WIRE)--
Pilgrim Petroleum Corporation (PINK SHEETS: PGPM)(FWB: PHV) and General Energy Corporation today announced that they have executed a purchase agreement through which General Energy will acquire 80% working interest in Pilgrim's lease positions to jointly develop the North Texas Exploration Project 2007. The value of this transaction is $41.64 million, paid in cash and stock. Through this agreement, Pilgrim initiates the first phase of the North Texas Exploration Project, which is expected to access over 1.8 million barrels of oil potentially recoverable and economically viable. Initial activities to commence by the end of March 2007 include the mapping of existing geological data and 3-D seismic survey acquisition and interpretation.
Pilgrim's Chief Executive, Rafael Pinedo, commented, "General Energy and Pilgrim's combined resources will support our production level target for this year and to boost the expected exploration and drilling program in North Texas."
About Pilgrim Petroleum Corporation.
Pilgrim Petroleum Corporation (PINK SHEETS: PGPM)(FWB:PHV) is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
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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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News for 'CHNW' - (Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces Website Content Undergoing Legal Review Prior to Deployment)
LAS VEGAS, NV, March 20, 2007 /PRNewswire-FirstCall via COMTEX/ -- EspritFinancialGroup Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation andlicensingof a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub-primemarket.Additionally, the Company is in the late developmental stage of offering an innovative low cost online Introductory Broker (IB) Forex trading system, andhasrecently acquired leading edge electronic funds transfer (EFT) products thatincludedomestic and international prepaid debit and Visa/MasterCard branded cards, as well as on online EFT capabilities under the EM2 brand name.As a next step prior to bringing the 'Advanced Markets by Cash Now' Forex website online, the Company has submitted final proposed website content forreviewby our service provider, to ensure compliance with all regulatory and legal requirements.Garr Winters, Esprit CEO explains: "The Forex trading environment is a complexone.We have been working closely with our service provider, Advanced Markets, over the last few weeks, to ensure all of the website content is in compliancewithall regulatory requirements. We also want to ensure that all representations of performance capabilities are accurate. Once all parties aresatisfied,we will be posting the new content to our beta website. We expect this process to be completed this week. After final review, we will hook up thetransactionallinks to take the website live."
Mr. Winters added; "We're taking a very conservative approach to making sure thewebsiteis absolutely right before switching on the green light for trading. You only get one chance to make a first impression, and we are not going to rush theprocess.Importantly, we are on our timeline for an April 2nd official launch date."About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in thepaydayloan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand formanyof these services. The company's proven business model includes licensing to corporately operated locations across the U.S. and Canada, as well as severalforeignmarkets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clientsalike.The Company is currently in the process of expanding its product portfolio bybringinga retail Forex trading platform to market, targeted to seasoned day traders. The Beta test site has now been launched, with a full-service roll-outtofollow once the platform has been successfully tested.
Additionally, the Company's e-wallet product, named EM2 (Electronic MoneyManagement)continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it topayemployees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitatingelectronicfund transfers.
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CKYS---Sequiam Corporation Declares Default on CyberKey Contract Mar 20, 2007 10:10:00 AM Copyright Business Wire 2007 ORLANDO, Fla.--(BUSINESS WIRE)--
On November 29, 2006, Sequiam Corporation (OTCBB:SQUM), a leading provider of innovative consumer lifestyle biometric technologies and services, announced that it had received from CyberKey Solutions, Inc. a $2,250,000 order for OEM Sequiam BioVaults labeled as the CyberKey 'KeepSafe' in accordance with the terms of a manufacturing and distribution agreement signed between the two companies. A deposit of 10% on the first 10,000 units was required and received by Sequiam to insure CyberKey's commitment to accept BioVault production on schedule. According to Sequiam Corporation, the BioVault shipment arrived in January, 2007 and an invoice that was provided went unpaid. As a result, CyberKey's deposit was forfeit and Sequiam has declared a default on the purchase order and the manufacturing and distribution agreement. Additionally, Sequiam is pursuing collections from CyberKey related to the contract, purchase orders and the invoice. Existing KeepSafe inventory will be sold by Sequiam.
About Sequiam
Headquartered in Orlando, Florida, Sequiam Corporation develops, markets, and supports a portfolio of highly robust proprietary biometrically enabled consumer lifestyle and commercial products and OEM solutions. In addition, Sequiam has invested heavily in research and development to develop unique products and solutions for the biometric industry worldwide. Sequiam Biometrics' solutions incorporate low-cost, high-volume manufacturing processes targeted at the consumer and commercial market. Sequiam is a global company with offices in Taiwan, China, and South Africa. For more information, please visit www.sequiam.com and www.sequiambiometrics.com.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions. Additional factors can be found in our annual report on form 10-KSB for the fiscal year ended December 31, 2005, and our other filings with the SEC which are available at the SEC's Internet site (www.sec.gov). Forward-looking statements in this press release speak only as of the date of this press release, and we assume no obligation to update forward-looking statements or the reasons why actual results could differ.
Source: Sequiam Corporation
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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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ckys....fwiw .0001 DO NOT BUY, just bagholder info....
SEC Charges Cyberkey and CEO James Plant for Promoting Stock Offering with Phony Homeland Security Deal FOR IMMEDIATE RELEASE 2007-47 Washington, D.C., March 20, 2007 — The Securities and Exchange Commission today announced a civil injunctive action alleging that a Utah-based corporation and its Chief Executive Officer made at least $1.5 million selling shares to investors while disseminating false claims of a lucrative purchase order from the Department of Homeland Security (DHS).
In its complaint, filed today in the United States District Court for the Eastern District of Pennsylvania, the Commission alleged that Cyberkey Solutions, Inc. of St. George, Utah, and its CEO James E. Plant, between November 2005 and the present, have engaged in an ongoing unregistered offering of Cyberkey shares, promoted with a series of false press releases describing a putative purchase order worth in excess of $24 million from DHS to buy Cyberkey’s flash memory drives. In fact, the Commission’s complaint alleges, Cyberkey had no business relationship at all with DHS. Additionally, according to the complaint, Cyberkey and Plant made other false statements to unsuspecting investors, including statements claiming Cyberkey had shipped products to DHS and received payments pursuant to the phony purchase order, and that Cyberkey was in the process of preparing and releasing audited financials.
Linda Chatman Thomsen, the Director of the Commission’s Enforcement Division, said, "The perpetrators of this scheme carried out an extensive fraud and even went so far as to make false claims about the Department of Homeland Security – an Agency whose mission is critical to all Americans. Our response to this kind of conduct will always be swift and firm."
Commission Enforcement Division Associate Director Cheryl Scarboro noted, “CyberKey and its CEO orchestrated an intense fraud campaign that clearly duped investors – in the three months leading up to the first of CyberKey’s alleged multiple false press releases, CyberKey trading volume was just over 550,000 shares per day – but once the scheme began, daily trading volume swelled dramatically to between 10 million and 80 million shares per day.”
The Commission’s complaint further alleges, that, as a result of their scheme, the defendants violated Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and seeks as relief permanent injunctions against future violations of these provisions by the defendants, and disgorgement of all the defendants’ ill-gotten gains, including prejudgment interest and civil penalties.
In a related criminal action, Plant was arrested on March 13, 2006, in St. George, Utah, by agents of the Federal Bureau of Investigation’s Philadelphia Economic Crimes Squad on charges of securities fraud and aiding and abetting securities fraud.
The Commission acknowledges the assistance and cooperation of the Federal Bureau of Investigation, the Office of the United States Attorney for the Eastern District of Pennsylvania and the National Association of Securities Dealers in the investigation of this matter.
Contact:
John Reed Stark Chief, SEC Office of Internet Enforcement and Counselor to the Director (202) 551-4892 Starkj*sec.gov
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PDVP(.002) Subsidiary N'East Magazine Reports 150% Increase in Website Visits and 240% Increase in Online Subscriptions in March Mar 20, 2007 10:41:00 AM Copyright Business Wire 2007 PORTLAND, Maine--(BUSINESS WIRE)--
Podium Venture Group Inc. (PDVP), an apparel, media and publishing holding company in the lifestyle sports industry, announced today its subsidiary N'East Magazine has recently reported online traffic on www.neastmag.com has increased 150% in the month of March, while online subscriptions have increased 240%.
"With the massive amount of press N'East Mag has generated the last few weeks with the release of the Green Issue and the launch of the new website - we have experienced a substantial increase in both web visits and online subscriptions. With the month of March not even over yet - it will prove to be our best month ever in online stats and subscription revenue. While that is great for the immediate cash influx - I am more excited about the organic growth this will ensure nationally."
- Jim McGinley, President & CEO, Podium Venture Group, Inc.
Ms. Tyler Briggs, Communications Director adds: "Now that I have had a day to recoup from an outstanding four days at the US Open of Snowboarding - it's time to harness all that exposure and put it to work. But the results are in: The new N'East website coupled with the Green Issue on newsstands has generated more response and awareness nationally than we expected."
N'East Magazine (www.neastmag.com) can be found at Borders, Barnes & Noble, Eastern Mountain Sports, REI, Universal News, Shaws, B. Dalton, Hudson News, and independent bookstores and retailers nationally.
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. 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: Podium Venture Group, Inc.
---------------------------------------------- Podium Venture Group Inc. Jim McGinley 207-772-3202 www.podiumventuregroup.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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WTVI(.013) Launches Largest Sales Team Selling Online Video Ads as eMarketer Projects Online Video Ads to Surge 89% in '07 Research Shows Video Ads Work, Engage Users and Reach Sought After Demographics Mar 20, 2007 10:33:00 AM NEWPORT BEACH, CA -- (MARKET WIRE) -- 03/20/07 -- Wi-Fi TV Inc. (PINKSHEETS: WTVI) now has in place the largest independent sales team selling both online video ads and Internet TV Stations; and, research firm eMarketer projects that ad revenue from online video will reach $775 million this year, an upward revision from its previous estimate of $640 million. By 2010, online video ad spending will soar to $2.9 billion, or 11.5% of all dollars going to online ads, according to a recently released report.
"No other company hosts an Internet TV, user video and social networking website and has assembled an independent sales force offering global Internet TV stations and online video ads, with ad placement on Wi-Fi TV and other leading websites," stated Joe Soto, a national sales manager for Wi-Fi TV Inc.
Bruce Clary, writing for SearchEngineGuide.com about the future of online video ads, states:
"There is no doubt that as broadband penetration multiplies, and both video technology and ad serving technology advance, most major advertisers will want to use this branding strategy because of its ability to engage viewers."
Online Video Engages Users
A study by F. N. Magid Associates for the Online Publishers Association shows that consumers engage with video advertising as follows:
-- 5 percent of consumers view online video daily -- 24 percent view once a week -- 46 percent view once a month "While many are attracted to humor, video news clips are most popular, with each genre being viewed by more than 25 percent of visitors at least once a week," Mr. Clary reports.
"Online video ads have great potential on the web and are particularly appealing to a young, wired demographic. As online videos become more popular on user-generated sites like YouTube, the audience for video ads will increase, as will the number of video ads created," Mr. Clary concludes.
Video Entertainment Factor
"People are drawn to video because it is entertaining. Video popularity has grown with the proliferation of broadband," states Mr. Clary.
Online Video Ads Work
The community of online video watchers is growing. ComScore reported that the number of consumers viewing videos online increased 18 percent between October 2005 and March 2006. The early adopters who watch are very engaged with the advertising they encounter, especially when it is relevant to their needs.
The above mentioned Online Publishers Association study conducted in February 2006, surveyed a representative U.S. population sample of 1,241 Internet users aged 12 to 64 and reported the following:
-- 40 percent clicked a link or visited a web site mentioned in the video ad -- 34 percent went to the advertiser's web site -- 15 percent requested product information -- 14 percent visited the store to check out a product -- 10 percent forwarded the ad to a friend or family member -- 8 percent made a purchase -- Average viewing time spent with a video ad was 21 seconds The above findings show the power of video ads to engage viewers.
Video Viewer Demographics
The study found that frequent viewers of online video are more likely to be young, male and affluent. These heavy viewers were 65 percent male with an age mean of 33 years, putting them in the coveted 18 to 34 demographic. Eleven percent had household incomes of $100k/year, and over 80 percent had broadband at home and at work.
Heavy Video Viewers Engage
The heavy viewer profile differed from the norm. For instance, 50 percent of heavy viewers visited a web site mentioned in the video ad, versus 40 percent for the total sample. Up to 45 percent of the heavy viewers went to a search engine to find more information on an advertised product, whereas only 33 percent of total viewers did so.
Writer Julian Smith, in an article entitled "Online Video Ads: Think Web, Not TV", states, "Online video advertising is really taking off. As broadband penetration continues to rise and ad-serving technologies become more sophisticated, more advertisers are adopting the format. According to a recent Jupiter Research executive survey, 24 percent of online advertisers planned use streaming video ads in 2005, nearly three times the percentage that ran them in 2004.
"Online video ads allow marketers to capture users' attention and to stand out from the crowd in an increasingly ad-cluttered online environment. They potentially can have a much greater effect than GIF banners or text ads... Using video also means the same, or similar, advertising creative can be displayed online and on TV. This offers marketers, half of whom use the Web to extend integrated campaigns' reach or frequency, a greater consistency of brand messaging across channels," Mr. Smith reported.
Wi-Fi TV Is a Pioneer In Online TV
Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. The Wi-Fi TV web site is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a dialer and make free phone calls all on one web site.
About Wi-Fi TV Inc.
Wi-Fi TV Inc. provides a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.
Ownership of Wi-Fi TV Premium Stations is available at $25,000 (full details are on the web site www.Wi-FiTV.com). Several financing options are available. Wi-Fi TV Basic Stations are now available fro $5,000.
The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.
Business inquiries should be sent to info*wi-fitv.com
Press And Business Relations
Wi-Fi TV Inc. has opened a content and technology demo room for the press in Newport Beach, California. For further information contact Colby Marceau, (949) 716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CHDT(.031) to Host 'Direct Connect' Quarterly China Trade Missions Mar 20, 2007 11:14:00 AM COOPER CITY, FL -- (MARKET WIRE) -- 03/20/07 -- China Direct Trading Corp. (OTCBB: CHDT) (China Direct), a Florida corporation, announced today the company has launched a new initiative to increase its consulting business for U.S. companies seeking to do business in China. Called 'Direct Connect,' China Direct has signed up three U.S. corporations to date. Under the consulting agreements, China Direct will receive a China trade trip fee as well as royalty agreements for any business resulting from China Direct consulting efforts. China Direct will be acting not as a trader but as a direct facilitator connecting buyers and sellers.
China Direct anticipates the first 'Direct Connect' program trip to China to occur in April and the second trip to take place in June. We are seeking additional U.S. firms seeking to export their goods or services to China. In most instances the company charges a standard consultation fee along with a royalty fee of 5% of all transactions or orders consummated. The company will also provide all logistics and brokerage services upon request.
"China is hungry for new products and technologies and looks to the U.S. to help its country be more efficient and thus more productive so it is with great pleasure that we to offer a program for U.S. companies to access the proper connections in China to sell their products to the fastest growing consumer population in the world," said Howard Ullman, Chairman and CEO of China Direct. "China has joined the WTO and U.S. products, brands, and companies are beginning to reach the Chinese market. Our company, with its Chinese business and government contacts, is in a position to act as an introducer of products and technologies to the Chinese marketplace."
About China Direct: China Direct (http://www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Capstone Industries, Inc. (www.capstoneindustries.com) is engaged in product development, manufacturing, distribution, logistics and product placement to importers, theme parks, and mass retail of souvenirs, gifts, and consumer products. Overseas Building Supply (OBS) is engaged in distribution of building materials including but not limited to roof tiles, interior doors, and insulation materials.
FORWARD-LOOKING STATEMENTS: This press release, including the financial information that follows, contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended. These statements are based on the Company's and its subsidiaries' current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements may include statements regarding product development, new consulting initiatives in China and the U.S., new product distribution efforts, anticipated success or basis for optimism about the potential of new business expansion efforts, product potential or financial performance. The fact that CHDT seeks or consummates investments in or acquisitions of other companies or undertakes business development or new consulting efforts does not mean that such transactions or efforts will favorably affect CHDT's business or financial conditions -- in general or as forecasted. In fact, investments and acquisitions as well as business development efforts could have an adverse impact on CHDT. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. CHDT undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release and risks associated with any investment in CHDT, which is a small business concern and a "penny stock company" and, as such, a highly risky investment suitable for only those who can afford to lose such investment, should be evaluated together with the many uncertainties that affect CHDT's business, particularly those mentioned in the cautionary statements in current and future CHDT's SEC Filings, which statements CHDT incorporates by reference herein.
Contact info: China direct
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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VShield Software Corp. CEO Featured in Exclusive Interview With WallSt.net
DOVER, DE, Mar 20, 2007 (MARKET WIRE via COMTEX) -- On March 19, 2007, Mike Burke, Chief Executive Officer for VShield Software Corp. (PINKSHEETS: VSHD) updated the investment community in an exclusive interview with www.wallst.net. Topics covered in the interview include an overview of the Company and the markets it serves, recent press releases, current capitalization, upcoming strategic and financial milestones. To hear the interview in its entirety, visit www.wallst.net, and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the company's ticker symbol in the Search Archive window.
About VShield Software Corp.
The company designs, produces, markets and sells leading edge computer security software programs that feature advanced software development and technologies that are superior to other products on the market. All of the Company's security systems are based on previously proven and field-tested, large commercial security systems. These systems are based on hiding, disguising and encrypting various levels of files maintained on a computer such that an intruder is unable to obtain information from a desired file. This is unlike existing "firewall" systems now on the market which are focused on keeping intruders from gaining unauthorized entry to a computer. Where applicable, products are patent and copyright protected in both Canada and the United States.
For more information about VShield Software Corp. Please go to: www.vshieldltd.com
About WallSt.net:
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small- and mid-sized publicly traded companies. We are expecting to receive two hundred fifty dollars from Execute Sports, Inc. for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp.
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