WNBD (.14)Commences First Retail Sales in the United States Paint & Decorating Sector Roll-Out Begins in Maryland
BARRIE, ON -- (MARKET WIRE) -- 08/23/06 -- Winning Brands Corporation (PINKSHEETS: WNBD) announces that Winning Colours Multi-Cleaner will formally launch its product roll-out to independent retailers in the USA with in-store merchandising near Baltimore, Maryland in September 2006. Harrison's Paint & Decorating in Forest Hill, Maryland took the lead amongst independent retailers in the U.S. today by being fastest to register their opening order for the advanced clean-up liquid. Winning Colours Multi-Cleaner is making news in the industry because of its easy conversion of oil-based messes and other problems into a simple clean-up with plain water. The order for Winning Colours (http://www.WinningColours.com) signals the start of physical distribution of Winning Colours Multi-Cleaner to stores in the U.S. Paint & Decorating Sector. The first retailer is an authorized Pratt & Lambert and Devine Paints outlet situated near a growing military proving ground in Hartford County and has more than 50 years of experience in knowing what's hot and what's not.
Stephanie Daley, co-owner of Harrison's Paint & Decorating, points out that, "Disasters always happen with paint jobs and we have to be ready to help consumers and contractors with the best solutions available. People often step into trays, drop brushes and even back over paint cans with their cars -- and that's only some of the things that we see," she says. Ms. Daley became a believer in Winning Colours' versatility with a personal experience. In addition to paint messes, she was able to remove a nasty "present" that her cat left on a rug in her home recently. "A paint and stain remover that deals with pet messes -- now that's a stretch. But I saw it for my own eyes. It's easy to use and safe -- so now I can recommend it," she concluded.
Winning Colours Multi-Cleaner is also an alternative to conventional solvents and mineral spirits used for clean-up of paint messes, tools and clothing. Unlike the traditional solvents, Winning Colours is kind to skin, the environment and non-toxic.
Winning Brands' Sales Manager Lorne Kelly says that the significance of the order is that it demonstrates how systematically the company's plan for national distribution is being implemented. "It's happening," he says. "We are following a plan step by step. First creating awareness amongst professionals, being patient during trials and supplying small initial quantities for personal verification are the early steps," says Kelly. "Becoming a national brand in the USA is the logical result of all that we are doing," he added. Kelly applauds Harrison's Paint & Decorating for showing leadership for the sake of the consumer and the environment. Earlier Winning Colours merchandising experiences in the USA were on a test basis for market research. "This is the formal beginning of Winning Colours storefront retail operations in the USA," Kelly concluded. Winning Brands Corporation (http://www.WinningBrands.ca) manufactures Winning Colours Multi-Cleaner in North America for domestic consumption and international export.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control.
Contact Information Winning Brands Corporation Rhonda Windsor Vice-President Investor Relations 905-898-2646 http://www.WinningBrands.ca rhonda*WinningBrands
Posted by Ace of Spades on :
ACTC 1.83
Advanced Cell to Host Investor Conference Call to Discuss Breakthrough Technique to Generate Embryonic Stem Cells without Harming Embryo Wednesday August 23, 4:43 pm ET Proprietary Method May Remove Ethical and Political Obstacles to Stem Cell Research and Federal Funding
ALAMEDA, Calif.--(BUSINESS WIRE)--Aug. 23, 2006--Advanced Cell Technology, Inc. (OTCBB:ACTC - News), developers of groundbreaking human embryonic stem cell technologies to create next-generation medical therapies, will hold an investor conference call on Friday, August 25, 2006, at 12 noon Eastern, to discuss its novel technique to generate human embryonic stem cell lines from embryos while fully preserving the embryo's potential for life and development.
The proprietary technique, which was recently published in the scientific journal "Nature," aims to resolve many of the ethical issues currently stunting embryonic stem cell research and may finally open the door to needed funding from the federal government.
During the conference call, William M. Caldwell IV, Chief Executive Officer of Advanced Cell Technology (ACT), and Dr. Michael D. West, Ph.D., President and Chief Scientific Officer of ACT, will discuss the company's scientific advances and business initiatives, and will address investor questions.
Among the primary ethical objections of those who oppose the generation of human embryonic stem cells is that all techniques, until now, have resulted in the destruction of the embryo. The company's newly published proprietary technique may overcome this hurdle, offering the potential to speed the progress of stem cell science from laboratory to bedside.
"We hope that this new technique will allow us to make stem cell lines widely available for researchers around the country," said Mr. Caldwell. "Our goal is to help accelerate basic research and enable the translation of that research into real cures and treatments for many of the world's most devastating diseases."
In the paper in "Nature," ACT scientists described their technique to generate human embryonic stem cells (hES cells) using a method for deriving stem cells from human blastomeres with a single-cell biopsy technique called Preimplantation Genetic Diagnosis (PGD). PGD is a widely used practice used at in vitro fertilization (IVF) clinics to assess the genetic health of preimplantation embryos. To date, more than 1,500 healthy children have been born following the procedure, and live with their families today.
Current embryonic stem cell technology is the source of a heated national controversy because it derives hES cells from the inner cell mass of later-stage embryos known as blastocysts, destroying their potential for further development. "What has made ACT's novel approach so groundbreaking is its ability to generate stem cell lines of equal scientific value from a single cell obtained from an 8-cell-stage embryo, while maintaining the embryo's potential to develop normally," said Mr. Caldwell.
Callers within the United States can access the conference call by calling (800) 230-1074, when prompted tell the operator you would like to connect to the 'Advanced Cell Technology conference call.' International callers can dial (612) 332-0228. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/advanced_cell/.
Statements in this news release regarding future financial and operating results, future growth in research and development programs, potential applications of our technology, opportunities for the company and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: limited operating history, need for future capital, risks inherent in the development and commercialization of potential products, protection of our intellectual property, and economic conditions generally. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in the company's periodic reports, including the report on Form 10-QSB for the quarter ended June 30, 2006.
Forward-looking statements are based on the beliefs, opinions, and expectations of the company's management at the time they are made, and the company does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change.
Contact: Financial Dynamics Robert Stanislaro, 212-850-5657 (Media) or The Investor Relations Group James Carbonara, 212-825-3210 (Investors) or Financial Communications Trilogy Capital Partners Paul Karon, 800-592-6067 paul*trilogy-capital.com
Posted by DJM on :
EduLink, Inc. Closes $1.5 Million Stock Purchase Agreement
By PR Newswire Last Update: 8/23/2006 5:15:45 PM Data provided by
NEW YORK, Aug 23, 2006 /PRNewswire via COMTEX/ -- EduLink, Inc. (OTC: MYIQ.PK) announced today that it has closed a $1.5 million stock purchase agreement. The Company received an initial investment upon closing and will receive the balance in three additional tranches over the next several months.
EduLink is the parent company of Mega Media Group, Inc. Mega Media Group's holdings offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production, radio broadcasting, and Russian ethnic programming, including Radio VSE (87.7 FM), the most listened to Russian radio station outside of Russia. With the explosion of the Russian American marketplace over the last decade, Mega Media Group's experience in that space has made them a leader in helping corporate America reach this market.
Commenting on the announcement, Alex Shvarts, Chief Executive Officer of Mega Media Group, Inc., stated, "This funding will provide us with the necessary capital to execute our business plan and to explore strategic development opportunities that will create additional revenue and profit streams for the company."
About EduLink, Inc.
EduLink operates its business through its wholly-owned subsidiary, Mega Media Group, Inc., which is a multi-media holding company operating its business through its subsidiaries, Mega Media Studios, Inc., Mega Media Records, Inc. d/b/a Skeleton Key Entertainment, Mega Media Film, Inc., Mega Media Sports Entertainment, Inc. and Echo Broadcasting Group, Inc. Mega Media Group focuses its business in mainstream entertainment and media and Russian ethnic media. These subsidiaries offer a broad range of services, including talent management, music publishing, recording, music production and distribution, video production and distribution, radio broadcasting and Russian ethnic programming.
SOURCE Mega Media Group, Inc.
Posted by atleast on :
Adrenaline Nation Entertainment, Inc. Releases Business Update to Shareholders
August 23, 2006 16:56:26 (ET)
CLEARWATER, Fla., Aug 23, 2006 (PRIMEZONE via COMTEX) -- Adrenaline Nation Entertainment, Inc. (Pink Sheets:ADNL), which produces Adrenaline Nation TV, the leading channel for the hottest cutting edge independent music TV, innovative independent and short films and adrenaline sports for the highly coveted 18-49 demographic, released the following business update to shareholders.
Dear Fellow Shareholders,
Adrenaline Nation Entertainment, Inc. has achieved numerous major milestones since it began trading as a public company in June of 2005. As a result of these milestones, we have experienced tremendous trading volume in our stock. Therefore I want to ensure that our valued shareholders have the correct number of shares Authorized and Outstanding. As of August 23, 2006 the number of shares Authorized is 950,000,000 and the number of shares Outstanding is 603,539,087. This information can additionally be found on the Pink Sheets web site at www.pinksheets.com.
We as always are working hard to build our company and thank our shareholders for their support and belief in our company.
We are passionate here at ADNL about our business model and the results we believe we can derive from it. We are music, entertainment and television market enthusiasts with proven track records, and we are genuinely excited about our business prospects. We are all committed to working hard to building a leading music, entertainment and adrenaline sports broadband, cable and HD television network that is widely recognized by our viewers and advertisers as well as the financial marketplace. We have made substantial progress in positioning ourselves for the opportunities that are before us. On behalf of management and everyone working here at ADNL, I sincerely thank all of our shareholders for their support.
Best Regards, Keith Dressel CEO & Chairman Adrenaline Nation Entertainment, Inc. Forward-Looking Statements
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.
Item 1.01 Entry into a Material Definitive Agreement Effective August 18, 2006, Conversion Solutions Holdings Corp. has entered into a Global Funding Agreement # 252455779-08122006-LBH with the Humanitarian & Scientific World Foundation, LTD., a Georgia LTD Foundation.
The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199 Effective August 22, 2006, Conversion Solutions Holdings Corp. and the Humanitarian & Scientific World Foundation, LTD., a Georgia LTD Foundation increased the Deposit under Global Funding Agreement # 252455779-08122006-LBH with the addition of the following Bonds;
Republic of Finland
$749,000,000 Million Euro
6 % coupon The bond is loaded in the systems with the following codes:
Republic of Finland 6 AAA Common Code: 001004558 ISIN: FI 0001004558
Posted by Linux2 on :
XNOM 1.18
NEW YORK, Aug 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Xenomics, Inc. (OTC Bulletin Board: XNOM; FWB:XE7), the source of next-generation medical DNA diagnostic technologies, today announced that two of its pending patent applications have been published by the United States Patent and Trade Office (USPTO). The two applications are directed at methods to diagnose and monitor infectious diseases, such as viruses and bacteria, by detecting their transrenal DNA signature sequences in urine, even though the infection is outside the urinary tract and not detectable by traditional means such as cell cultures. The method provides a way to conduct non-invasive tests on patients well before the onset of more overt symptoms.
The full text of these applications can be viewed on-line utilizing the following USPTO links:
Results of a clinical study on tuberculosis had been presented to medical researchers in Paris at the 36th Union World Conference on Lung Health co-sponsored by the United States Centers for Disease Control and Prevention.
"We are continuing to develop the transrenal DNA diagnostics and expand the range of applications to include infectious diseases caused by a variety of agents," said Dr. L. David Tomei, CEO of Xenomics. "Our long term goal is to provide a simple, safe, and highly sensitive means of detecting diseases using basic urine specimens."
Typically, United States patent applications take approximately three years to be examined and issued, with the exclusivity period beginning on the date of filing the application. In addition to these US applications, the company has filed corresponding applications in the World Intellectual Property Organization, in order to secure worldwide rights to the inventions.
About Xenomics, Inc.
Xenomics is a molecular diagnostic company that focuses on the development of DNA-based tests using Transrenal DNA (Tr-DNA). Xenomics' patented technology uses safe and simple urine collection and can be applied to a broad range of applications, including prenatal testing, tumor detection and monitoring, tissue transplantation, infectious disease detection, genetic testing for forensic identity determination, drug development, and research to counter bioterrorism. Scientists from Xenomics were the first to report that fragments of DNA from normal cell death cross the kidney barrier and can be detected in urine. The Company believes that its technology will open significant new markets in the molecular diagnostics field. Xenomics has three issued U.S. patents covering different applications of the technology for molecular diagnostics and genetic testing and a corresponding allowed European patent for the Company's prenatal testing applications. The Company has organized a joint venture to conduct research on infectious disease detection with the National Institute for Infectious Diseases (Istituto Nazionale per la Malattie Infettive "Lazarus Spallanzani") in Rome, in the form of a research and development company called SpaXen Italia, S.R.L. For additional information, please visit http://www.xenomics.com. Xenomics' stock trades under the symbol XNOM.OB and is also listed on the Frankfurt Stock Exchange under the symbol XE7.
Forward-Looking Statements
Certain statements made in this press release are forward looking. Such statements are indicated by words such as "expect," "might," "should," "anticipate" and similar words indicating uncertainty in facts and figures. Although Xenomics believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to be correct. As discussed in Xenomics' Form 10-KSB as filed with the Securities and Exchange Commission on May 16, 2006, actual results could differ materially from those projected in the forward-looking statements as a result of the following factors, among others: uncertainties associated with product development, the risk that Xenomics will not obtain approval to market its products, the risk that Xenomics' technology will not gain market acceptance, the risks associated with dependence upon key personnel, and the need for additional financing.
Contact: Xenomics, Inc. L. David Tomei 212-297-0808 ldtomei*xenomics.com
SOURCE Xenomics, Inc.
L. David Tomei of Xenomics, Inc., +1-212-297-0808, ldtomei*xenomics.com http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
Posted by Linux2 on :
CSHD .87
KENNESAW, Ga., Aug 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --
Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place.
CSHD would like to announce the additional Deposit from the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation.
The Annex to the Global Funding Agreement brings a 749 Million Euro denominated Bond on the Republic of Finland with a 6% coupon to CSHD's Asset Back Management facility. (The Bond holds an S&P, Fitch, and Composite AAA rating).
The bond is loaded in the systems with the following codes: Republic of Finland 6% AAA Common Code: 008120510 ISIN: FI0001004558 Copy and paste the following link into a browser to see 8K file: http://sec.gov/cgi-bin/browse-
CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at http://www.cvsu.us.
SOURCE Conversion Solutions Holdings Corp
Rufus Paul Harris, of Conversion Solutions Holdings Corp, Harris*cvsu.us, +1-770-420-8270 http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved.
Posted by Linux2 on :
WWEN .19
NEW YORK, Aug. 24, 2006 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN) a developer of green energy, is pleased to announce a corporate status report.
In regards to the 10-SB filing the company, on advice from its attorney and auditors have decided to pursue and file a SB-2 registration instead of the Form 10-SB. The corporation's board decided that in the best interest of the company a change filing formats which will enable the corporation to execute better on its business plan in a shorter period of time. The Form 10-SB does not allow for registration of a public offering of shares and the company would have to essentially file two separate statements which would cause a delay and increase the overall cost of the transaction. Due to a large number of institutional investor interest in the company and several acquisition candidates, the corporation's board along with its attorney feel the SB-2 registration is the best course of action as this time. This decision will cause a delay in the filings because of the added paperwork.
W2 Energy continues to work on developing joint ventures and strategic alliances to further the company's business plan. The corporation is presently negotiating Memorandums of Understanding with two large North American firms to jointly build and operate 10,000 bbd plants.
The company continues to work with its partner in New Zealand to further the development of that project which was announced earlier. The project continues to move forward and management is happy with the progress.
The 100 bbd plant upgrade is moving along well and renovations have been completed to house the larger plasma unit and our own GTL design.
W2 Energy has begun work to patent several of our technologies and processes and is retaining a patent attorney to files the relevant patents on our designs and improvements on the technologies.
The management of the corporation continues to strive to build shareholder value through market awareness and have begun negotiations with selected acquisition candidates which will complement the company's arsenal of revolutionary technologies as well as immediate cash flow.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.
Contact:
W2 Energy Inc. (416) 246-1100 info*w2energy.com www.w2energy.com Posted by trade04 on :
CSHD .89
Conversion Solutions Holdings Corp Updates Shareholders and Files 8K on Current Events Thursday August 24, 12:03 am ET
KENNESAW, Ga., Aug. 23 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place. CSHD would like to announce the additional Deposit from the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation.
The Annex to the Global Funding Agreement brings a 749 Million Euro denominated Bond on the Republic of Finland with a 6% coupon to CSHD's Asset Back Management facility. (The Bond holds an S&P, Fitch, and Composite AAA rating).
The bond is loaded in the systems with the following codes:
Republic of Finland 6% AAA
Common Code: 008120510
ISIN: FI0001004558
Copy and paste the following link into a browser to see 8K file: http://sec.gov/cgi-bin/browse- edgar?company=furia&CIK=&filenum=&state=&sic=&owner=include&action=getcompany
About Conversion Solutions Holdings Corp
CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at http://www.cvsu.us. Posted by J_U_ICE on :
CHICAGO--(BUSINESS WIRE)--Aug. 24, 2006-- James Monroe Capital Corporation (Pink Sheets:JMCP) has acquired Eagle Installation Incorporated, a manufacturing company and established it as a builder of Ethanol plants. Last year, Eagle Installation had 65 employees in multiple states, and revenues over $1,500,000.
James Monroe Capital Corporation purchased Eagle Installation to speed up the entry of their subsidiary, Diversified Ethanol, into the Ethanol plant production business. The acquisition brings large production capabilities. The acquisition brings a shop full of machinery and tools, land, trailers, tanks, trucks, and manufacturing equipment needed to manufacture numerous ethanol plants. Eagle Installation is now working exclusively on building James Monroe Capital's Ethanol facilities. John Newby, president of Eagle Installation will stay with James Monroe Capital Corporation as the subsidiary's President, in charge of all plant manufacturing. Newby is anxious to see ethanol filling the 20,000 gallon steel tank his men are already working on.
Newby said, "I'm dedicated to making this work. I'm in this for the long-haul, with the rest of the team. When I met Taylor (Taylor Moffitt, President of Diversified Ethanol) last week, my brother-in-law had done business with Taylor in the past, and my sister said 'highly recommended.' James Monroe Capital got a really good deal, my assets were worth a lot more. But I'm even more excited to be a part of the ethanol industry now, we are already very busy."
Diversified Ethanol's CEO Taylor Moffitt said, "More than what we needed has fallen into place, and we are finding out about all sorts of tax advantages, grant money, corn credits, and other freebies too. Bradford Funding will be offering financing to Diversified Ethanol customers wishing to purchase their own ethanol plants, and we (JMCP) will make money on that end of it too."
Bonus income from ethanol comes from the by-products of ethanol production, which are edible. Most are sold to feed mills, just like most of the corn used to make ethanol. The highly nutritious dried distillers' grains are "recycled" into the corn market, and sold for nearly as much as the corn itself. Diversified Ethanol's designs are "zero waste" plants, helping to fuel and feed the world, by offering lower the cost grains back into the feed market. To learn more about how ethanol helps the world, visit http://www.journeytoforever.org, an independent global-relief website with no corporate sponsors. To learn more about Diversified Ethanol, please visit http://www.diversifedethanol.com.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
KEYWORD: NORTH AMERICA ILLINOIS UNITED STATES INDUSTRY KEYWORD: MANUFACTURING PROFESSIONAL SERVICES FINANCE MERGER/ACQUISITION SOURCE: James Monroe Capital Corporation
CONTACT INFORMATION: James Monroe Capital Corporation, Northbrook Chris McGovern, 847-418-3848
Posted by J_U_ICE on :
FGNL (.09) Announces Letter of Intent to Acquire Ladies Health and Fitness USA
ZURICH-KLOTEN, SWITZERLAND -- (MARKET WIRE) -- 08/24/06 -- Feelgoods International, Inc. (PINKSHEETS: FGNL) announced today that they have signed a Letter of Intent to acquire Ladies Health and Fitness USA (http://www.ladieshealthandfitnessusa.com/) of Greenville, South Carolina. Ladies Health and Fitness USA cater their 30-minute fitness programs exclusively to women. They offer a complete range of circuit training equipment, including treadmills, recumbent bicycles, aerobic boards, elliptical trainers, and a full range of resistance machines.
"The relationship with Feelgoods International, Inc. will enable Ladies Health and Fitness USA to better implement our franchise strategy throughout the country," stated Jeff Sarvis, President of Ladies Health and Fitness USA.
"We are very excited to sign this Letter of Intent to acquire a wonderful company like Ladies Health and Fitness USA and to potentially gain access to the US fitness and health market. This coincides with our existing strategy to market our organic facial cosmetic line in the United States," stated Marcel Maurer, CEO of Feelgoods International, Inc.
Feelgoods International, Inc. recently announced that the Company has signed a Letter of Intent with Farfalla Essentials, Ltd. to secure the exclusive worldwide distribution rights to a new skincare product line produced specifically for Feelgoods International by Farfalla.
About Ladies Health and Fitness USA: Based in Greenville, South Carolina, Ladies Health and Fitness USA offers franchise opportunities for territory representatives. Ladies Health and Fitness USA helps franchisees find and support potential franchises. The Company's marketing DMA structure is designed to provide a solid foundation for growth.
About Feelgoods International, Inc.: Based in Zurich-Kloten, Switzerland, Feelgoods International, Inc. (http://www.feelgoodsint.com) offers a unique franchise business opportunity for thousands of European Pharmacies. The franchise system is designed to significantly increase the pharmacy's revenue by maximizing the revenue potential of a Pharmacy's existing customer traffic. The Feelgoods model is easily incorporated into a Pharmacy's existing floor space, producing a self-contained business or "shop within a shop." Feelgoods' focus is on products that complement the pharmacy's conventional inventory by introducing products such as alternative medications, nutriceuticals, lifestyle products and bio cosmetics.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated 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: For more information visit: http://www.feelgoodsint.com Or contact: INVESTOR RELATIONS 1 866 THE APPL(E)
Posted by J_U_ICE on :
BURNABY, BC -- (MARKET WIRE) -- 08/24/06 -- Unity Wireless Corporation (OTCBB: UTYW), a developer of wireless systems and coverage-enhancement solutions, has received a purchase order worth approximately US$275,000 from an existing OEM customer for the immediate supply of power amplifiers.
The product, a 4 Watt power amplifier for use in 3.5 GHz WiMax-ready OFDM base stations, was previously qualified by the customer and is a field-proven performer with thousands deployed in broadband wireless networks worldwide.
This purchase order is a release under a US$770,000 order originally announced January 18, 2006.
About Unity Wireless
Unity Wireless is a developer of wireless systems and coverage-enhancement solutions for wireless communications networks. For more information about Unity Wireless, visit http://www.unitywireless.com.
Investor Contact: James Carbonara The Investor Relations Group (212) 825-3210
Mike Mulshine Osprey Partners (732) 292-0982 osprey57*optonline
Posted by J_U_ICE on :
TITT (.27)Licenses Tire Recycling Plants in Four States
ALBUQUERQUE, N.M, Aug. 24 /PRNewswire-FirstCall/ -- Titan Technologies, Inc. (OTC Bulletin Board: TITT) has executed a License Agreement and has received $100,000 from Ally Investment, LLP, a Texas Limited Partnership based in Port Arthur, Texas, for the exclusive right to build recycling facilities in the states of Texas, Oklahoma, Mississippi and Louisiana. Terms of the contract call for construction on the first plant to begin on or before March 1, 2007 and be completed by March 2008, in Port Arthur, TX or in Philadelphia, MS. The time frame will allow for required permitting and site preparation.
Titan will receive a License Fee of $1,600,000 payable in full upon the date that Ally Investments designates a new location for construction of a recycling plant in the Territory and has financing in place to build the facility. Ally Investments projects construction of two plants in Texas, one plant in Oklahoma, and one plant in Mississippi commencing every 12 months.
In addition, the Agreement provides that Licensee will pay Titan royalty payments equal to l.5% of total sales of all by-products produced with Titan's technology. Titan estimates that each facility will produce from 900 to 1000 barrels of oil, approximately 30 tons of scrap steel and about 90 tons of carbon black per day after the plant reaches full capacity.
SOURCE Titan Technologies, Inc.
Contact Information: Ronald L. Wilder of Titan Technologies, Inc., +1-505-884-0272, titan*nmia.com
Posted by J_U_ICE on :
ITPD (.31) and Wal-Mart Stores, Inc. Announce Lease Agreement for In-Store Clinics Business Editors / Health/Medical Writers / Retail Writers
HOUSTON--(BUSINESS WIRE)--Aug. 24, 2006-- Intrepid Holdings, Inc. (OTCBB:ITPD) announced today that Healthy Access, Intrepid's clinic operating company, has signed a lease agreement with Wal-Mart Stores, Inc. (NYSE:WMT) for space in Wal-Mart Supercenters in several markets. Healthy Access will build and operate medical clinics in select Wal-Mart stores beginning in the 3rd quarter of this year. Intrepid plans to open their initial clinics inside Wal-Mart Supercenters in Texas.
"We have completed our lease for clinic space with Wal-Mart and been approved to open our initial clinic locations. Individuals will soon be able to receive healthcare for episodic non-life-threatening conditions at our clinics inside select Wal-Mart locations," said Toney Means, President of Intrepid Healthcare Group. "We look forward to the successful opening of these Wal-Mart clinic locations and the expansion of this effort thereafter."
"Wal-Mart serves as a community hub for thousands of people who can benefit from more convenient, affordable access to quality healthcare," said Amee Chande, vice president of health care strategy and communications for Wal-Mart. "We are pleased to invite Healthy Access into our stores to meet the basic and preventive health needs of Wal-Mart customers."
About Intrepid Holdings
Intrepid Holdings is a leading provider of pharmacy, clinic, and related healthcare services to the urban marketplace. These services compliment Intrepid's "urban life care" focus and often are targeted to specific urban market populations. In addition, Intrepid leverages the key relationship between patients and their health providers.
About Wal-Mart Stores, Inc.
Wal-Mart Stores, Inc. operates Wal-Mart discount stores, supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States. The company has operations in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea and the United Kingdom. The company's securities are listed on the New York Stock Exchange and NYSE Arca, formerly the Pacific Stock Exchange, under the symbol WMT. More information about Wal-Mart can be found by visiting http://www.walmartfacts.com. Online merchandise sales are available at http://www.walmart.com.
This press release contains forward-looking statements, including the Company's plans to open clinics beginning in the 3rd quarter of this year, the type, quantity of clinics, and the various places where the Company plans to open these clinics, that are based upon management's belief and assumptions and information currently available to it. Although the Company believes these assumptions are reasonable, it can give no assurance that such assumptions will prove to be correct. Forward-looking statements are subject to certain risks, uncertainties and assumptions including, among others, changes in the mini-clinic market conditions, termination of any agreement with Wal-Mart, availability of funding, and future plans of the Company.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL RETAIL CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE CONSUMER FAMILY CONTRACT/AGREEMENT SOURCE: Intrepid Holdings, Inc.
CONTACT INFORMATION: Intrepid Holdings, Inc., Houston Theodis "T" Ware, 713-278-1990 theodis.ware*intrepidholdings.com http://www.intrepidholdings.com Posted by J_U_ICE on :
BDCF (.32) Announces an Open-Ended Contract with One of Brazil's Two Major Freeze Dried Coffee Producers >NEW YORK, Aug. 24, 2006 (PRIMEZONE) -- B&D Foods Corporation (OTCBB:BDFC) announced today that one of the largest producers of freeze dried coffee in Brazil signed a contract with the Company. The Company will manufacture up to fifty tons per month of extract for its new customer's freeze dried coffee products. Contract revenues will be realized immediately and will represent 11% ($750,000) of planned revenue for the coming twelve months.
B&D Foods Corp. recently purchased a factory strategically located near the two largest ports in Brazil, an area that provides year round supplies of green coffee beans. The factory has a production capacity of 9,600 tons of roasted coffee, 3,600 tons of agglomerated coffee, and 3,200 tons of coffee mixes. The Company is executing on its business plan to turn the factory into a major roasting producer of coffee beans both for its in-house brands and third party brands.
Yaron Arbell, CEO of B&D Foods Corp, said, "This is the second major contract we have secured over the last thirty days. After a careful review of our facilities, our manufacturing capabilities and our management team, we were chosen to manufacture an important extract for their freeze dried coffee products."
He added, "RedChip recently issued research on our Company with a twelve month target price of $1.32. Investors have an opportunity to accumulate BDFC stock at sufficiently low levels when we are beginning to build our business for substantial future growth."
About B&D Foods Corporation:
B&D Food Corporation engages in the ownership and operations of coffee manufacturing facilities in Brazil. It produces various kinds of coffee, including roasted green coffee, instant coffee, and several mixtures of coffee and tea for its two in-house brands, as well as third party brands. B&D acquires, organizes, develops and upgrades companies in the food and coffee industries.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Any statements that are not historical facts contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in B&D Foods Corporation Securities and Exchange Commission filings. B&D Foods Corporation undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made
BCLI (.33) Targets Treatment of Stroke with its Adult Stem Cell Technology Business Editors / Health/Medical Writers
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Aug. 24, 2006-- BrainStorm Cell Therapeutics Inc. (OTCBB: BCLI), the developer of NurOwn(TM) bone marrow-derived stem cell therapeutic products for the treatment of neurodegenerative diseases, announced today that the Company is expanding its R&D program to include the treatment of the effects of stroke. The first efficacy animal studies are expected to start in the 4th quarter of 2006.
"We believe that our technology can play an important role in combating the effects of stroke, which is the most common life-threatening neurological disease. Addressing this major unmet medical need represents a further leveraging of our core technology, which has already shown much promise with successful pre-clinical studies in animal models with Parkinson's," said BrainStorm's COO & Principal Executive Officer, Yoram Drucker.
According to the World Health Organization, over 15 million people worldwide suffer a stroke every year; about 5.5 million of them are left permanently disabled, and upwards of another 6 million die from the event. A stroke occurs when the brain is deprived of its blood supply either by a blood clot that blocks a blood vessel (ischemic stroke) or a blood vessel that ruptures in the brain, leaking blood and damaging tissue (hemorrhagic stroke). Stroke is now the third-leading cause of death in the United States and is becoming even more deadly. Obesity, poor diets, smoking and physical inactivity--the leading causes of both heart attack and stroke--are now being seen at an alarmingly early age. Because of the onset of these risk factors at an earlier age and the growing population of elderly people, the incidence of stroke in the seven major global markets is expected to increase over the next ten years.
"We will be testing in animal models of stroke our propriety technology for generating differentiated cells that produce neurotrophic factors," said Chief Scientist Dr. Daniel Offen. "We expect that the transplantation of cells that secrete neurotrophic factors will help to restore damaged neurons, slow down the progression of cell death and prevent further degeneration in the brain," he added.
BrainStorm has previously demonstrated that its bone marrow stem cell technology can successfully differentiate adult stem cells into astrocyte-like cells with the capacity to produce and secrete a large variety of neurotrophic factors. Pre-clinical studies have shown that transplanting the astrocyte-like cells into animal models of neurodegenerative diseases, such as Parkinson's, resulted in a significant therapeutic improvement.
About BrainStorm Cell Therapeutics Inc.
BrainStorm Cell Therapeutics Inc. is an emerging company developing adult stem cell therapeutic products, derived from autologous (self) bone marrow cells, for the treatment of neurodegenerative diseases. The NurOwn(TM) patent pending technology is based on discoveries made by the scientific team led by prominent neurologist Professor Eldad Melamed, Head of Neurology at Rabin Medical Center, and expert cell biologist Dr. Daniel Offen, Head of the Neuroscience Laboratory at the Felsenstein Medical Research Center of Tel-Aviv University. The technology allows for the differentiation of bone marrow-derived stem cells into functional neurons and astrocytes, as demonstrated in animal models. The Company holds rights to develop and commercialize the technology through an exclusive, worldwide licensing agreement with Ramot at Tel Aviv University Ltd., the technology transfer company of Tel-Aviv University. The Company's initial focus is on Parkinson's disease, although its technology has promise for treating several others diseases including MS, ALS, Huntington's disease and stroke.
About Stem Cell Therapy
Stem cells are non-specialized cells with a remarkable potential for both self-renewal and differentiation into cell types with a specialized function, such as muscle, blood or brain cells. Stem cells can be harvested from fetal or embryonic tissue or from adult tissue reservoirs such as bone marrow. Use of embryonic stem cells is at the center of significant ethical and moral debate. In contrast, use of adult stem cells does not provoke the same moral or political controversy. Stem cell therapy aims to "cure" disease by replacing the diseased cells with healthy cells derived from stem cells. This approach has the potential to revolutionize medicine and, if successful, the implied commercial opportunities are great. Currently, scientists are exploring both embryonic stem cells (ESC) and adult stem cells (ASC) as the potential basis for multiple cell therapy products.
Safe Harbor Statement
Statements in this announcement other than historical data and information constitute "forward-looking statements" and involve risks and uncertainties that could cause BrainStorm Cell Therapeutics Inc.'s actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, risks associated with BrainStorm Cell Therapeutics Inc.'s limited operating history, history of losses and expectation to incur losses for the foreseeable future; limited cash resources and its need to raise additional capital to execute on its business plan and continue operations; transition issues related to the departure of its CEO; dependence on its license to Ramot's technology and ability to meet its funding and payment obligations included in such license agreement; ability, together with its licensor, to adequately protect the NurOwn(TM) technology; dependence on key executives and on its scientific consultants; ability to identify, negotiate and successfully implement strategic partnering relationships; ability to complete clinical trials successfully and to obtain required regulatory approvals; competition with companies, some of which have greater resources and experience in developing and obtaining regulatory approval for treatments in BrainStorm Cell Therapeutics Inc.'s market; the limited public trading market for BrainStorm Cell Therapeutics Inc.'s stock which may never develop into an active market; and other factors detailed in BrainStorm Cell Therapeutics Inc.'s annual report on Form 10-KSB, quarterly reports on Form 10-QSB, current reports on Form 8-K and other filings with the Securities and Exchange Commission available at http://www.sec.gov/ or by request to the Company. The Company does not undertake any obligation to update forward-looking statements made by us.
KEYWORD: NORTH AMERICA AFRICA/MIDDLE EAST NEW YORK UNITED STATES ISRAEL INDUSTRY KEYWORD: HEALTH CLINICAL TRIALS HOSPITALS MEDICAL DEVICES PHARMACEUTICAL RESEARCH & SCIENCE PRODUCT/SERVICE SOURCE: BrainStorm Cell Therapeutics Inc.
CONTACT INFORMATION: Corporate Inquiries: BrainStorm Cell Therapeutics Inc. Director of Business Development Dr. Holly G. Atkinson, 212-828-1561 hatkinson*brainstorm-cell.com Web: http://www.brainstorm-cell.com or Investor Relations: AGORACOM BCLI*agoracom.com http://www.agoracom.com/IR/BrainStorm Posted by J_U_ICE on :
DFDR (.14) Continues to Issue Positive News: Announces Record First Quarter Profits! August 24, 2006 NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL -- (MARKET WIRE) -- 08/24/06 -- Wall Street News Alert's "stocks to watch" this morning are: Diamond Ranch Foods, Ltd. (PINKSHEETS: DFDR), Sprint Nextel Corp. (NYSE: S), Internet Security Systems, Inc. (NASDAQ: ISSX) and Cubist Pharmaceuticals, Inc. (NASDAQ: CBST).
Once again, Diamond Ranch Foods, Ltd. (PINKSHEETS: DFDR) may be a target of aggressive investors and day traders! Yesterday the company, a custom meat processing and distribution conglomerate, issued a press release announcing record first quarter profits.
News of the company's financial results may get the attention of investors! According to the company's press release, its first quarter ended June 30, 2006 generated record net operating profits on sales of $2,747,447.00.
Louis Vucci, Jr., President of Diamond Ranch Foods, Ltd., announced that the net operating profits for the first quarter ended June 30, 2006 were $108,701, as compared to a net operating loss of $178,120 for the company's first quarter ended June 30, 2005.
Watch this company. "These favorable results reflect the changes implemented by myself and Joseph Maggio, Chairman and CEO effective April 1, 2006. The results reflect current and continuing cost-cutting measures that we have put in place along with the additional higher gross profit margin products that we have added to our diverse product line," stated Mr. Vucci. "Our payroll expense was cut by nearly 50% and our operating expenses were reduced by 30%. We have begun to run our company more efficiently and we are focusing on improving our profitability and net earnings," added Mr. Vucci.
As previously announced, the company's strategy is to maintain profitable revenue and earnings growth through the next quarter and then begin to acquire other smaller regional distributors, growing the company through acquisitions and the broadening of its branded product lines.
Wall Street News Alert continues to place Aggressive Investors on alert to monitor the progress of Diamond Ranch Foods! Earlier this month the company announced that its private-label branding program is underway. In that release, Mr. Vucci stated, "We believe that branding our products and getting the Diamond Ranch Foods name out to the masses is of paramount importance to the Company's future growth plans."
Mr. Vucci also stated in the company's shareholder update last month, "We are currently experiencing record profitability and anticipate adding significant revenue in the third and fourth quarters resulting in record revenues for the 2006-2007 fiscal year. We are broadening and expanding our product lines and bringing in higher profit margin items. It is our ultimate goal to see the Diamond Ranch Foods label in supermarkets, neighborhood delis, and warehouse clubs across the eastern seaboard."
The stock closed yesterday at Fourteen cents a share.
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In case you are not familiar with the company: Diamond Ranch Foods, Ltd., a processor and distributor of meats and fresh cut portion controlled poultry, is located in the historic Gansevoort meatpacking district in lower Manhattan, NY. Operations include packing, processing, labeling and distribution of products. The company's diversified customer base includes in-home food service businesses, retailers, hotels, restaurants, and institutions, deli and catering operators and industry suppliers. Specific customers include Madison Square Garden, TGI Friday's, Sloan Kettering Hospital, and the Hilton Group.
Sprint Nextel Corp. (NYSE: S) up 2.1% on 20 million shares traded. Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers.
Internet Security Systems, Inc. (NASDAQ: ISSX) up 6.2% on 12.6 million shares traded. Internet Security Systems, Inc. is the trusted security advisor to thousands of the world's leading businesses and governments, providing preemptive protection for networks, desktops and servers.
Cubist Pharmaceuticals, Inc. (NASDAQ: CBST) up 7.5% on 4.7 million shares traded. Cubist Pharmaceuticals, Inc. is a biopharmaceutical company focused on the research, development and commercialization of anti-infective products that address unmet medical needs in the acute care environment.
Market Commentary:
"Consumers want cars that have mileage and reliability says a survey by Consumer Reports and Opinion Research Corp. At $3+ per gallon, 27% of consumers want cars that get good gas mileage, another 25% of potential buyers said that reliability was a key factor. Only 5% said the manufacture incentives were a top issue," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.***********************.
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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its' Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Fourteen Thousand Dollars for coverage of Diamond Ranch Foods, Ltd. (PINKSHEETS: DFDR), by a third party (Level Marketing Inc), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in
this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
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. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.
MotorSports Emporium Retires Its Outstanding Series B Convertible Preferred Stock Business Wire - August 24, 2006 09:00
SCOTTSDALE, Ariz., Aug 24, 2006 (BUSINESS WIRE) -- MotorSports Emporium Inc. (OTCBB:MSEP) today announced the Company has completed the purchase of all 2,671,817 shares of its issued and outstanding Series B Preferred Stock ("Pf B Shares") in three private transactions.
The Company acquired 1,421,897 Pf B Shares from Robert Brehm and his company, Intercontinental Assets Corp., in exchange for a convertible note in the principal amount of $250,000 due no later than August 2008. In two related transactions, David Keaveney, President and CEO of the Company, and Tracey Baron, a shareholder and former Director of the Company, each surrendered 625,000 Pf B Shares in exchange for an aggregate consideration of One Dollar ($1.00), a nominal sum.
The Pf B Shares retired were convertible into an aggregate of 316,693,906 shares of the Company's common stock. These combined transactions eliminated the equivalent of 316,693,906 common shares on a fully diluted basis. The retired Pf B Shares also carried super-voting rights of 100 votes per share, thereby eliminating approximately 267,181,700 votes on matters presented to the Company's shareholders for vote. Inasmuch as Mr. Brehm and his company, Intercontinental Assets Corp., held the majority of the Pf B Shares and effectively controlled the Company. As a result of the retirement of such shares, Mr. Brehm is no longer considered a "control person" under applicable SEC regulations.
David Keaveney, President and CEO of MSEP commented, "We elected to enter into agreements with Mr. Baron, Mr. Brehm and myself and to retire the Pf B Shares in order to protect our common shareholders from the dilutive effects of the Pf B Shares. We are managing a successful and momentous evolution of our business; the reduction of the Pf B shares is a significant step towards bringing our stock's price and capital structure more in line with our revised business model and improving the public's perception of MSEP. It is important that our shareholders understand that we are committed to pursuing aggressive strategies that will be beneficial to MSEP's growth."
About MotorSports Emporium, Inc.
MotorSports Emporium Inc. is a fast-track, multi-faceted and diversified company in the motor sports industry targeting INDY, NASCAR, Formula 1 and other racing series, spectators, classic car and high performance auto enthusiasts, professional and amateur mechanics and discriminating consumers in search of high quality auto parts and accessories. MotorSports Emporium's marketing plan is to reach consumers through mass market retailers, auto parts suppliers, and home television shopping networks, infomercials, industry and consumer trade shows, and consumer direct advertising (television, magazine and Internet). For more information visit www.motorsportsemporium.com.
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 and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project 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: MotorSports Emporium Inc.
MotorSports Emporium Inc. David Keaveney, 480-596-4002 davidk*motorsportsemporium.com
Copyright Business Wire 2006
Posted by J_U_ICE on :
CCMJ .09
CruiseCam Debuts New Product Line at SEMA 2006 Business Wire - August 24, 2006 6:30 AM (EDT)
FARMINGTON HILLS, Mich., Aug 24, 2006 (BUSINESS WIRE) -- CruiseCam International Inc. (Pink Sheets:CCMJ), a leading developer of vehicle video integrated technology for law enforcement, commercial, consumer and motor sports application, is pleased to announce the successful launching of several new products.
CruiseCam International will be showcasing a host of new products at SEMA this year, such as the CruiseCam Race Cam, rear seat viewing CruiseCam Baby Cam, Vette Cam, CruiseCamera headrest with front and rear facing integrated cameras, CruiseCam Mounts in multiple colors and commercial bus digital recording systems with the Sony 360 degree vision.
This is CruiseCam's third consecutive year at SEMA Las Vegas (Oct 31 - Nov 3), the premier automotive specialty products trade event in the world, where CruiseCam has enjoyed a tremendous response from the public. With over 100,000 industry leaders from around the world visiting SEMA each year, CruiseCam has used the last two years exhibitions to fine tune our new product development. This array of new products were designed with safety and user friendliness as a high priority.
"We welcome shareholders to stop by our display (booth 10278) and view our products and meet with CruiseCam representatives," commented Scott Watkins, CEO of CruiseCam International. "We will be displaying products that the public is demanding to buy and we are there to fill that request," concluded Watkins.
Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimates as to projections are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. The company does not undertake to update, revise or correct any forward-looking statements.
SOURCE: CruiseCam International Inc.
CruiseCam International Inc. Scott Watkins, 248-709-2096
Copyright Business Wire 2006
Posted by atleast on :
Pluristem Receives $470,000 Grant From Israeli Government to Further Develop PLX-I Stem Cell Product Pluristem Life Systems, Inc. (OTCBB:PLRS) announces that its fully owned subsidiary Pluristem Ltd received a $470,000 grant from Israel's prestigious Chief Scientist Office (CSO). The royalty-bearing grant is part of the Government's Ministry of Trade and Industry program that offers incentives to high-tech companies for capital investment, scientific research and development. The monies were designated by the Chief Scientist Office to further develop first-time-recipient Pluristem's stem cell product PLX-I, a breakthrough potential solution that could be used to replace the traditional bone marrow transplant search and match process.
Zami Aberman, CEO of Pluristem states, "We are excited that the CSO has recognized us as a leader in stem cell technology and proud they decided to support the development of PLX I. The grant will help us to complete additional animal studies and human clinical trials. PLX-I could then be offered to the medical community positioning Pluristem to capture a significant share of the $5 billion commercial bone marrow transplant market. It was always a privilege to be associated with such great technology and now to have the support of the government to bring it to market could add even more distinction to our advanced line of adult stem cell graft products."
About Pluristem
Pluristem Life Systems, Inc. is a life sciences driven company that is developing and commercializing stem cell expansion technology products for the treatment of severe blood disorders. The Company is discovering and developing cell-based therapeutics that utilizes adult stem cells that are expanded in a proprietary bioreactor mimicking different naturally occurring physiological environments. Pluristem expects its first products to be cell grafts that will provide an efficient and superior alternative to the standard procedure of bone marrow transplantation. Its first adult stem cell product targets a critical global shortfall of matched tissue for bone marrow transplantation since bone marrow transplantation is often the only cure for patients suffering from leukemia, lymphoma, myeloma and many other hematological diseases. The Company has made a strategic decision to work only with adult stem cells since the practical use of embryonic stem cells is severely restricted by various religious, ethical and legal considerations http://www.pluristem.com/default.asp.
Safe Harbor Statement
This news release contains statements, which may constitute "forward-looking statements". Those statements include statements regarding the intent, belief or current expectations of Pluristem Life Systems, Inc., and members of our management as well as the assumptions on which such statements are based. Forward looking statements in this news release include: that Pluristem's stem cell product PLX-I is a breakthrough potential solution that could be used to replace the traditional bone marrow transplant search and match process, the grant will help us to complete additional animal studies and human clinical trials; that PLX-I could then be offered to the medical community positioning Pluristem to capture a significant share of the $5 billion commercial bone marrow transplant market. that the support of the government could add even more distinction to our advanced line of adult stem cell graft products; that Pluristem is developing and commercializing stem cell expansion technology products for the treatment of severe blood disorders; that we are discovering and developing cell-based therapeutics that utilizes adult stem cells that are expanded in a proprietary bioreactor mimicking different naturally occurring physiological environments; that Pluristem expects its first products to be cell grafts that will provide an efficient and superior alternative to the standard procedure of bone marrow transplantation, and its first adult stem cell product targets a critical global shortfall of matched tissue for bone marrow transplantation since bone marrow transplantation is often the only cure for patients suffering from leukemia, lymphoma, myeloma and many other hematological diseases.
Factors which may significantly change or prevent our forward looking statements from fruition include that we may be unsuccessful in developing any products; that our technology may not be validated as we progress further and our methods may not be accepted by the scientific community; that we are unable to retain or attract key employees whose knowledge is essential to the development of our products; that unforeseen scientific difficulties develop with our process; that we are unable to complete animal studies on budget; that results in the laboratory do not translate to equally good results in real surgical settings; that our patents are not sufficient to protect essential aspects of our technology; that competitors may invent better technology; that our products may not work as well as hoped or worse, that our products may harm recipients; and that we may not be able raise funds for development or working capital when we require it. As well, our products may never develop into useful products and even if they do, they may not be approved for sale to the public. For further risk factors see the Company's latest 10-KSB filed with the SEC.
Source: Business Wire
Posted by J_U_ICE on :
WNCP .0008
08/24/2006 09:45 EDT Wineco Productions Inc Tests Results Indicate Micron Processing Could Yield 3 Ounces of Gold Per Ton
Estimates of Tailings for Processing Exceed 200,000 at Mineral Mountain Mine SUNRISE, Fla., Aug. 24 /PRNewswire-FirstCall/ -- Wineco Productions Inc. (OTC: WNCP) is negotiating a contract with Mineral Mountain Mining for tailings and water retention at Mineral Mountains mine.
Wineco's testing of the tailings and surpluses from Mineral Mountain Mining resulted in significant shows of copper, chromium and gold. James Logan, Wineco's President commented, "Estimates of the tailings for processing could result in approximately 2-3 oz's of gold per ton which based on today's closing of gold at $629.00 per ton could result in substantial revenues and earnings for the company."
He also added, "water flow micron gold collection based upon 2,500 gallons per minute water flow will yield an addition half an ounce of gold at the 2500 gallons per minute constant flow every 4 hours and a single stage pump collection would yield an additional collection of approximately 3 more ounces of gold per daily cycle."
Wineco has designed and authorized the building of a gold plating system that will utilize the Wineco sponge gold micron collections for plating various items that require gold, silver and nickel plating. The company anticipates the plating unit will be in operation within 30 days. The materials used by the plating system comes from Wineco's chemical extraction of noble metals.
Upon the completion of Wineco's Florida based laboratory, all evaluations, assays and rare earth gathering will be done at Wineco's base of operations.
About Wineco Productions Inc.,
Wineco is in the process of acquiring mining properties that show recoverable "Nobel Metals." The various properties are for the most part, mines that have been worked in earlier times. Working these mines have left tons of "Tailings" that contain valuable material. The company will process the material that had already been mined and that material is referred to as "Tailings." These tailings yielding better extraction of Noble Metals through advanced equipment. www.winecoproductions.com
Wineco has completed negotiations and has acquired the mine tailing from World Wide Consulting. The tailings consist of approximately 1 million tons and are very prolific in platinates. World Wide Consulting is the first of 5 companies that Wineco is in negotiations with. All companies have shown excellent results in their tailings. Wineco has proven its test in chemical extraction of platinum in addition to its previously proven micron gold extraction process.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of Wineco Productions Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward looking statements contained in this media release.
Contact: Wineco Productions Inc James Logan President 954 575-7296 or 954 316-1326
SOURCE Wineco Productions Inc.
Posted by J_U_ICE on :
MGMX (.0055) Completes Acquisition of Producing Mine
TORONTO -- (MARKET WIRE) -- 08/24/06 -- Metro Gold Mines Mineral Resources Inc. (PINKSHEETS: MGMX) is a growing gold mining company engaged in the acquisition and development of production properties in South and Central America.
Metro Gold Mines has recently completed negotiations with Las Malvinas Mine, located just over a mile from the other known MGMX properties, such as La Esperanza.
"Our President, Ken Lamb, assisted us with the initial stages of negotiations when he was down in Colombia two weeks ago, so, we are happy to announce that our Company was able to finalize all negotiations with Las Malvinas," said Jairo Giraldo, CEO of MGM Mineral Resources. "Our Company's portfolio continues to grow."
The Company's geology and technical teams have been to the mine and shared positive feedback as to the future potential. They confirmed that it is a producing mine, although currently not at any high production levels. The Company plans on moving its machinery and technical teams onto Las Malvinas property by the first week of September 2006. They have also confirmed that the mine can be fully expanded and operational within 45 to 60 days.
"This mine will be bringing in revenue for our Company by end of year," said Jairo Giraldo. "The mine already has employees that have known the area and property for many years. We will be concentrating our current production efforts on this mine while finalizing all exploration reports on our La Esperanza property."
The Company is reviewing all the technical data from Las Malvinas Mine and will release it to the public within the next week.
About MGM Mineral Resources (PINKSHEETS: MGMX)
Metro Gold Mines Mineral Resources Inc. is a growing, expertly managed gold mining company focused on acquiring and producing an impressive portfolio of exploration and production properties in South and Central America. MGM Mineral Resources is working to establish itself as a world-class gold company, capitalizing on smart acquisitions, breakthrough technology, modernized operations, deep industry expertise and a strong gold market to cost-effectively produce high quality gold. The company has identified a significant opportunity to exploit proven but under-developed mineral resources in Colombia. MGM Mineral Resources was initially targeting the richest gold zone in Colombia, Segovia, but is now extending to other areas throughout the country. For more information please visit http://www.mgmmining.com
Forward-Looking Statements
Statements contained in this news release, which are not historical facts, are forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 that involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: volatility and sensitivity to market prices for gold; replacement of reserves; procurement of required capital equipment and operating parts and supplies; equipment failure; unexpected geological or hydrological conditions; political risks arising from operating in certain developing countries; imprecision in reserve estimates; success of future exploration and development initiatives; competition; operating performance of the facilities; environmental and safety risks including increased regulatory burdens; seismic activity, weather and other natural phenomena; failure to obtain necessary permits and approvals from government authorities; changes in government regulations and policies including tax and trade laws and policies; ability to maintain and further improve positive labor relations; and other development and operating risks. Although MGM Mineral Resources believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this report. The company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact: Mr. Kenneth Lamb President 416-214-7847
Posted by J_U_ICE on :
WTVN .0002
Wi-Fi TV's Global Delivery to Present FAMILY TREE TV Offering All Americans an Opportunity to Discover Their Family Heritage
NEWPORT BEACH, CA -- (MARKET WIRE) -- 08/24/06 -- Wi-Fi TV Inc. (PINKSHEETS: WTVN) announced today that it has reached an exclusive agreement to provide live global Internet delivery to the FAMILY TREE TV Channel. This will be a multi-denominational and multi-ethnic live TV channel on the topic of Family Tree heritage. This news follows an announcement by Wi-Fi TV Inc. (www.Wi-FiTV.com) that it plans to be a leader in African American live TV content on the Internet. The FAMILY TREE TV Channel was inspired by America's 400th birthday next year on the anniversary of the landing of Captain John Smith in Jamestown, Virginia (1607-2007); and the true story of William Tucker, the First Black Child Born in America in 1624 at Fort Monroe in Hampton, Virginia.
Families of all backgrounds will be able to post histories, video and family reunion notices on FAMILY TREE TV and get the latest information on DNA technology through FAMILY TREE DNA (http://www.familytreedna.com/cj.asp?ftdna_ref=239).
FAMILY TREE TV will benefit from proceeds from FAMILY TREE DNA.
FAMILY TREE TV's mission is to connect heritage to history to humanity. Next year FAMILY TREE TV will host the largest ever family reunion in William Tucker's birthplace, Hampton, Virginia.
Any family of any background interested in posting their family tree history or video should email info*wi-fitv.com. To access the exclusive FAMILY TREE channel, viewers will be able to go to www.Wi-FiTV.com and click on the GENEAOLOGY category.
As Americans travel to Virginia in 2007, FAMILY TREE TV will utilize its channel on www.Wi-FiTV.com to provide news and interactivity with the unfolding events. The FAMILY TREE TV channel on Wi-Fi TV is being sponsored by the First Black Child Born in America Project and initial programming is expected online within thirty days. A payment has already been made to Wi-Fi TV Inc. to secure the channel space.
Since its inception, in April of 2000, Family Tree DNA has been associated with the Arizona Research Labs, led by Dr. Michael Hammer, one of the world's leading authorities in the field of Genetics. Having other renowned scientists on its advisory board, Family Tree DNA is the world leader and only organization in the field of Genetic Genealogy that has been constantly developing the science that enables many genealogists around the world to advance their families' research. Dr. Hammer received his PhD in Genetics from the University of California at Berkeley and was a post-doctoral fellow at Princeton and Harvard Universities. He co-authored the first paper showing that present-day Cohanim are descended from a single male ancestor.
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EFSF .24
August 24, 2006 - 10:10 AM EDT
eFoodSafety.com Inc. Reports Completion of Clinical Trials on Talsyn-CI/bid Scar Cream Overwhelmingly Favorable Results in a Comparative Analysis-Cohort Study with Talsyn-CI/bid Scar Cream vs. Silicone-Based Scar Cream Products
Richard M. Goldfarb, M.D., FACS, president and CEO of MedElite Inc., a wholly owned subsidiary of eFoodsafety.com Inc. (OTCBB:EFSF), announced today that after completion of a 12-week study, Talsyn CI/bid statistically and significantly outperformed the silicone-based scar products in all categories including aesthetic appearance. Patient preference for Talsyn CI/bid was 94%.
The study design used each product on the same patient over different areas of a scar. This eliminated any bias in the individual ability to heal.
"The completion of this study enables us to provide documentation that will lead to a high level of confidence when recommending the use of Talysn CI/bid to physicians," stated Dr. Goldfarb.
"As physicians, we rely heavily on scientific data in order to make a determination of the effectiveness of products we suggest to our patients. This study will provide our marketing team the convincing documentation to present to physicians and should boost the sale of Talysn CI/bid to the physician market," added Dr. Goldfarb.
"This is another step in building this product into one of the premier health care products under the eFoodSafety umbrella," stated Patricia Gruden, president and CEO of eFoodSafety.com Inc.
About eFoodSafety.com Inc.
eFoodSafety.com Inc. is dedicated to improving health conditions around the world through its innovative technologies. The company's Knock-Out Technologies Ltd. subsidiary has developed an environmentally safe sporicidal product formulated entirely of food-grade components that eradicates anthrax and a germicidal product, Citroxin (formerly named Big Six Plus) -- EPA Reg. No. 82723-1 that kills six major bacteria: E-coli, Listeria, Pseudomonas, Salmonella, Staphylococcus, and Streptococcus, and Avian Influenza and Black Mold. The sporicidal product has completed its final efficacy laboratory study requisite for EPA registration. In the study, it eradicated both Clostridium Sporogenes and Bacillus Subtilis with 100% efficacy on both hard and porous surfaces. The company's MedElite Inc. subsidiary distributes clinically proven products to physicians who then prescribe the products for their patients. It is the exclusive U.S. and worldwide distributor of the Talsyn(TM)-CI/bid Scar Cream that has been clinically proven to facilitate and improve the appearance, redness and strength of scars (www.talsyn.com). The company is also a distributor for Cinnergen(TM), a non-prescription liquid whole food nutritional supplement that promotes healthy glucose metabolism (www.cinnergen.com), and Trimmendous(TM), a weight loss formula focusing on the body's 24-hour metabolic processes. The company has recently entered into a joint venture agreement with CK41 Direct Inc. to launch an anti-acne skin care system, with a branded name and celebrity spokesperson to be announced in the near future.
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
China Direct Trading Corp. to File June 30, 2006 Form 10-Q Today Thursday August 24, 10:20 am ET
Investor Teleconference Monday, August 28, 2006
FORT LAUDERDALE, FL--(MARKET WIRE)--Aug 24, 2006 -- China Direct Trading Corp. (OTC BB:CHDTE.OB - News): announced today that it will be filing its Form 10-Q for the quarter ending June 30, 2006 today with the U.S. Securities and Exchange Commission. The filing will eliminate the "e" designation on China Direct's trading symbol. China Direct has scheduled an investor teleconference at 10:00 a.m., local Miami time, tomorrow, Friday, August 25, 2006. If you wish to participate, China Direct is hosting an investor teleconference to discuss second quarter 2006 results and update investors on current corporate and subsidiary initiatives on Monday, August 28, 2006 at 10:00 AM Eastern Time. To participate in the call, the dial-in number is (319) 632-1100, then enter access code 260372 and push the pound (#) key. A replay of the call will be available for two weeks and will be accessible at (641) 985-5006, access code 260372#. A replay of the call will also be available from the www.chdt.us web site one day following the call.
ADVERTISEMENT
"With the dramatic month-to-month sales growth experienced by our majority-owned Complete Power Solutions, LLC subsidiary last quarter and a new field auditor, it took longer than expected to consolidate the financial statements for the June 30, 2006 Form 10-Q," said Howard Ullman, Chief Executive Officer and President of China Direct. "We do not anticipate any problem in timely filing the next Form 10-Q," he added.
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. These statements are based on China Direct's and its subsidiaries' managements' current expectations and assumptions, and involve risks and uncertainties. Such expectations and assumptions may prove to be faulty or incorrect. Actual results may differ materially from those anticipated results set forth in the statements. The forward-looking statements may include statements regarding consumer demand, product orders, product development, product potential or financial performance. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. China Direct undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Approval of products by governmental authorities does not mean that the products will be accepted by consumers or produce any revenues or profits. Forward-looking statements in this press release and risks associated with any investment in China Direct, which is a "penny stock" company, should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the cautionary statements in current and future China Direct SEC Filings, which statements we incorporate by reference herein.
Contact: Contact: Rich Schineller 941.918.1913 rich*chdt.us
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WWNG .092
WW Oil & Gas Blends Technical Strategies With Successful Oil Company to Streamline Oil Extraction Process THURSDAY, AUGUST 24, 2006 10:31 AM - PrimeZone
FARMINGTON, N.M., Aug 24, 2006 (PRIMEZONE via COMTEX) -- WW Energy Inc. (WWNG) announced today that its subsidiary WW Oil & Gas Inc.'s technical team has evaluated the Tubbs and Gray Oil Projects on the West Texas site. WW Oil & Gas has been able to obtain valuable information exchanging technological methods with Success Oil Company's existing technology. Together, the Companies have used their combined resources to strategize the exploitation of the rich reserves located on these properties and surrounding areas.
The synergy of the two teams has proven invaluable as new technologies work hand in hand with tried and proven oil field applications. The blending of talents implemented in the Oil Extraction Program with Success Oil will add to the existing potential the Tubbs and Gray sites already offer.
WW Oil and Gas Inc. looks forward to continued relations with Success Oil Company; utilizing these innovative methods of oil extraction should provide for additional revenues.
WW Energy Inc. is a holding company that was created to acquire oil and gas service companies as well as oil- and gas-related assets through two wholly owned subsidiaries.
WW Oil & Gas Inc., established in 2005, is in the business of acquiring leases and oil- and gas-related assets. Such acquisitions are for the purposes of development, exploration, and exploitation. The company currently has exploitation projects in Texas, Utah and New Mexico. Comprehensive drill programs are being developed for full exploitation of these projects.
WW Trucking Inc., formed in 1999, is a leading oil and gas services company for the oil field services industry in Utah, Colorado, New Mexico and Arizona (The Four Corners Area). Their existing business operations are in transporting fresh production water for oil drilling/exploration and waste water for disposal. They also provide services for heavy hauling of drilling and well equipment needed in the oil and gas production and exploration industry.
Posted by J_U_ICE on :
BUGS 0.014
U.S. Microbics, Inc. CEO Featured in Exclusive Interview With WallSt.net 8/24/2006
NEW YORK, Aug 24, 2006 /PRNewswire via COMTEX News Network/ -- On August 23, Robert Brehm, Chief Executive Officer for U.S. Microbics, Inc. (OTC Bulletin Board: BUGS) 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." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the respective company's ticker symbol in the Search Archive window.
About U.S. Microbics, Inc.:
U.S. Microbics is a business development and holding company that acquires, develops and deploys innovative environmental technologies for soil, groundwater and carbon remediation, air pollution reduction and agriculture enhancement. For more information on the company, contact Robert Brehm at 760-918-1860, ext. 102, or visit the website at www.bugsatwork.com.
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 one hundred seventy five dollars from U.S. Microbics, 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 .
Copyright (C) 2006 PR Newswire. All rights reserved.
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HSBC .23
August 24, 2006 11:34 AM US Eastern Timezone
Human BioSystems Invites Interested Parties, Shareholders and Listeners to Hear HBSC's CEO Speak on Ethanol
PALO ALTO, Calif.--(BUSINESS WIRE)--Aug. 24, 2006--Human BioSystems (OTCBB:HBSC), announced today that Harry Masuda, CEO, will be discussing the topic of ethanol production on a variety of radio stations and invites listeners, interested parties, and shareholders in those areas to tune in to receive important information on the company's planned expansion into the production of biofuels, specifically ethanol.
His scheduled appearances are detailed as follows:
Thursday, August 24, 2006 KFYR AM 550 Radio - North Dakota 3:10 CST
Friday, August 25, 2006 KZIM News Radio 960 AM, Missouri 12:30 am CST
Monday, August 28, 2006 WKEB 99.3 FM Radio & WIGM 1490 AM Radio - Medford, Wisconsin, 10:15 am CST
Wednesday, August 30, 2006 KFOR 1240 AM Radio - Lincoln, Nebraska 10:00 am CST
Thursday, August 31, 2006 KXYL FM 96.9 5:15 pm CST
Tuesday, September 5, 2006 KFWB News 980 AM Radio, Los Angeles, CA Online: http://www.kfwb.com 9:00 am PST
Wednesday, September 6, 2006 Market News First Radio, Texas Online: http://www.***.com 2:00 pm CST
Human BioSystems, the developer of preservation platforms for organs and platelets, recently signed a letter of intent to enter into the BioFuels business through the acquisition of two ethanol production facility projects. The Palo Alto based Company, has made significant progress in its nine-year history to maximize its zone of responsibility for the health and welfare of the people and their environments.
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 results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, results from ongoing research and development as well as clinical studies, failure to obtain regulatory approval for the Company's products, if required, failure to develop a product based on the Company's technology, failure of any such products to compete effectively with existing products, the inability to find a strategic partner or to consummate a relationship with a potential strategic partner on acceptable terms, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.
Contacts
For Human BioSystems, Palo Alto Concept Communications James Caldwell, 727-447-0514 jc*conceptcg.com
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SIOR .36
Superior Oil and Gas Company signs working interest agreement with Robson Energy Oklahoma LLC 8/24/2006
Aug 24, 2006 (M2 EQUITYBITES via COMTEX News Network) -- Superior Oil and Gas Company (OTC BB: SIOR), a provider of natural gas and crude oil, announced on 23 August that Robson Energy Oklahoma LLC of Edmond, Oklahoma is to purchase a 47.5% working interest in the company's four-well drilling programme located in Garfield County.
The wells to be drilled are 7,000-foot tests of seven zones that produce in the area of the Skinner, Misner, Mississippi, Oswego, and the principal target zones of the Wilcox 1, 2 and the Marshall, Superior said.
In addition there is the possibility of production in the Cleveland zone.
Dan Lloyd, CEO of Superior Oil and Gas, also said that the company is looking to move to the NASDAQ Small Cap or AMEX in the near future.
Comments on this story may be sent to admin*m2.com
(C)2006 M2 COMMUNICATIONS LTD http://www.m2.com Posted by J_U_ICE on :
SLJB .068
Sulja Bros. Building Supplies Receives Initial Coverage From Knobias
Aug 24, 2006 12:27:00 PM WINDSOR, ON -- (MARKET WIRE) -- 08/24/06 -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) received initial coverage from Knobias, Inc. (OTCBB: KNBS) on August 23, 2006. The article was favorable and is available at www.knobias.com.
CEO Steve Sulja stated: "We received some early coverage from Knobias. The article detailed the undervalued condition of our stock by accepted standards of price and market capitalization. The company believes the condition is temporary and due to being listed on the Pink Sheets. Our takeover of LoftWerks to protect our joint venture interests is the reason we are temporarily on the Pink Sheets. We are clearly not a start-up company, but we are careful about protecting our money invested in a joint venture. The company financial audits will be completed in a couple of weeks. Then a Form 10 will get our company to the OTCBB. Clearly, this is not our final goal. We will seek a NASDAQ listing. The company is making enough net profits to easily justify the NASDAQ move. Our long term investors know we are worth more and within a year, we will give them one of the greatest short term returns in the stock market."
Posted by J_U_ICE on :
EGLF 0.19
Element 21 Golf Company Reports on International Business Development 8/24/2006
TORONTO, Aug 24, 2006 (MARKET WIRE via COMTEX News Network) -- Element 21 Golf Company ("E21") (OTCBB: EGLF) reported today on its recent international business activities including work with Australia and New Zealand distributor, Power Sports International (PSI) and with European distributor Golf Professional Services GMBH (GPS), based in Hamburg, Germany. With E21's funding secure it has now sent product to both companies for sales and for use by their extensive network of sales representatives.
GPS is now working on sales in Germany, France, Switzerland, Spain and Portugal. The initial shipment of product was sold out within days of its arrival and GPS is now preparing an additional order for E21. GPS has been marketing golf products in Europe for over 15 years and currently sells to over 1,200 retailers. They have placed advertisements for E21 products in several major European golf publications.
In Australia and New Zealand PSI has generated substantial interest in E21 products. In recent weeks PSI has had positive meetings and discussions with a number of retailers and green grass pro shops regarding E21's products. PSI recently attended the 2006 Australian PGA Golf Expo held in Sydney July 20-24 where it presented E21's full line of products. Over 20,000 retailers attended the show. With their head office and warehouse located in Queensland, PSI has 13 sales representatives in South Australia, New South Wales, Queensland, Tasmania, Northern Territory, Victoria, Western Australia and New Zealand.
"We have been very impressed with both GPS and PSI and their hard work on behalf of E21 and our products in recent weeks and we look forward to long and mutually rewarding relationships with these companies," commented Bill Dey, E21's Executive Vice President and General Manager. "With our funding now in place we are now able to begin to execute on our plan to bring our products to several key international golf markets including Europe, Asia and Australia. We are currently working on several other international opportunities. We will report on these activities and our plans for North American market very shortly."
About Element 21 Golf Company:
E21 holds the exclusive right to manufacture golf products using proprietary E21 Alloys. Through a sophisticated multi-technology production path E21 manufactures shafts, drivers, and other clubs with marked improvements in distance, accuracy and feel over competing products. In recent months a number of high profile golf professionals have switched to or began testing E21's Eagle One shafts. E21 Alloys are 55% lighter and offers 25% strength to weight advantage over Titanium alloys, the current standard in the golf equipment industry. The advanced dynamics of E21 Alloys and the material economics offer a performance-enhanced alternative to manufacturing driver clubs with Titanium, the largest segment of the annual 4 billion dollar golf equipment marketplace.
E21 recently announced its "Golf Shot Around the World Mission" in celebration of the 35th anniversary of Alan B. Shepard Jr.'s historic Apollo 14 Mission. Just about every single record for distance in the golf industry will be shattered this fall when an astronaut will hit a golf ball into orbit around the earth -- using an E21 golf club. It is only natural that this event takes place on the International Space Station, considering that E21 Alloys are also used on the Space Station in high strength, fatigue resistant applications.
E21 Golf -- The Evolution Is Inevitable!
Forward-Looking Statements. Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties which could cause actual results or events to differ materially from those currently anticipated, including but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting E21 and its business. A number of these risks and uncertainties are described in E21's periodic reports filed with Securities and Exchange Commission. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein, which speak only as of the date hereof. E21 undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Company Contacts: Investor Relations Element 21 Golf Company (416) 362-2121 investors*e21golf.com http://www.E21Golf.com Sales Element 21 Golf Company 888 365-2121 sales*e21golf.com http://www.E21Golf.com Media members interested in testing shafts or other E21 products for an editorial review or receiving further information please contact: The Media Group Joe Wieczorek or Bart Henyan (847) 956-9090 joe*themediagroupinc.com barthenyan*hotmail.com
SOURCE: Element 21 Golf Co.
mailto:investors*e21golf.com http://www.E21Golf.com mailto:sales*e21golf.com http://www.E21Golf.com mailto:joe*themediagroupinc.com mailto:barthenyan*hotmail.com
Posted by J_U_ICE on :
CRLY .10
BLOOMINGTON, IL -- (MARKET WIRE) -- 08/24/06 -- Carley Enterprises, Inc. (PINKSHEETS: CRLY) , a diversified holding company which assists emerging, revenue-producing companies in their growth efforts, announced a buyback plan for up to 500,000 thousand shares of its common stock.
With regard to the announcement of the buyback plan, Carley Enterprises CEO Matthew Carley stated, "It is our opinion that Carley Enterprises' current stock price does not accurately reflect the Company's value and potential shareholder benefit. As a result, we believe a buyback at this time is consistent with Carley Enterprises' further growth efforts and will enhance shareholder value."
About Carley Enterprises, Inc.:
Carley Enterprises, Inc. seeks to acquire interests in emerging companies and assist the companies with their growth efforts. Carley Enterprises, Inc. also invests in private companies and businesses in which it believes have growth and profit potential.
Posted by J_U_ICE on :
ALAN 0.53
Alanco's StarTrak Systems Discloses $10 Million Contract for Wireless Tracking and Monitoring of Refrigerated Containers 8/24/2006
SCOTTSDALE, Ariz., Aug 24, 2006 (BUSINESS WIRE) -- Alanco Technologies Inc. (NASDAQ: ALAN), a leading provider of wireless tracking and asset management solutions, disclosed today that its StarTrak Systems subsidiary has begun delivery on a single contract valued at greater than $10 million for its GenTrak wireless tracking system and related monitoring services. The StarTrak contract represents one of the largest single industrial deployments of wireless tracking and monitoring systems on refrigerated assets anywhere.
GenTrak is a GPS-based, wireless monitoring and control system, initially deployed on marine gensets to monitor the location, operating condition, fuel levels, etc., of both the genset and any connected refrigerated container. A marine genset is a portable generator temporarily connected to a refrigerated container to provide power during the land-based portion of the transport cycle. The GenTrak system provides significant operational savings and quality improvements to global shipping companies in their refrigerated container operations.
Tim Slifkin, StarTrak's president and CEO, commented, "StarTrak currently has a fiscal year 2007 total order backlog of over $13 million, including approximately 4,000 units remaining on the GenTrak contract. The backlog consists of approximately $8 million in hardware deliveries, plus annual subscription management services in excess of $5 million, which will continue to grow annually with increased system deployments.
"The GenTrak contract is our initial entry into the marine cold-chain shipping market which includes over 700,000 refrigerated containers globally. By providing a high value solution for the refrigerated container shipping industry, GenTrak has further solidified StarTrak's leading position as a wireless solutions provider to the refrigerated transport industry."
Alanco Technologies Inc., headquartered in Scottsdale, Ariz., is a rapidly growing provider of wireless tracking and asset management solutions through its StarTrak Systems and Alanco/TSI PRISM subsidiaries. Corporate Web site: www.alanco.com.
StarTrak Systems is a leading provider of GPS tracking and wireless asset management services to the transportation industry and the dominant provider of tracking, monitoring and control services to the refrigerated or "Reefer" segment of the transportation marketplace. StarTrak products increase efficiency and reduce costs of the refrigerated supply chain through the wireless monitoring and control of critical Reefer data, including GPS location, cargo temperatures and Reefer fuel levels. StarTrak offers complete integrated solutions for tracking, monitoring and controlling refrigerated trailers, trucks, railcars, and containers. Additional information is available at www.StarTrak.com.
Alanco/TSI PRISM is the leading provider of RFID real-time tracking technologies for the corrections industry. TSI PRISM systems track and record the location and movement of inmates and officers, resulting in enhanced facility safety and security and significant staff productivity improvements. Utilizing proprietary RFID (Radio Frequency Identification) tracking technology, TSI PRISM provides real-time inmate and officer identification, location and tracking both indoors and out. TSI PRISM is currently utilized in prisons in Michigan, California, Illinois, Ohio, and Missouri. Additional information is available at www.TSIPRISM.com.
The company also participates in the data storage industry through two subsidiary companies: Arraid Inc., a manufacturer of proprietary storage products to upgrade older "legacy" computer systems; and Excel/Meridian Data Inc., a manufacturer of Network Attached Storage (NAS) systems.
Except for historical information, the statements contained in this press release are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to, and are qualified by, risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. These risks and uncertainties include, but are not limited to, reduced demand for information technology equipment; competitive pricing and difficulty managing product costs; development of new technologies which make the company's products obsolete; rapid industry changes; failure of an acquired business to further the company's strategies; the ability to maintain satisfactory relationships with lenders and to remain in compliance with financial loan covenants and other requirements under current banking agreements; and the ability to secure and maintain key contracts and relationships.
SOURCE: Alanco Technologies Inc.
Alanco Technologies Inc. Investor Relations, 480-607-1010 www.alanco.com or Equity Communications Ira Weingarten, 805-897-1880 ira*equitycommunication.com
Copyright Business Wire 2006
Posted by J_U_ICE on :
GWIN 0.03
Wayne Allyn Root, Chairman and CEO of GWIN Inc., to Be a Guest on the Bill Chippas Radio Show 8/24/2006
PORT ST. LUCIE, Fla., Aug 24, 2006 (BUSINESS WIRE) -- Wayne Allyn Root, the chairman and CEO of GWIN Inc. (OTCBB: GWIN), will be a featured guest on tonight's 6:05 p.m. ET airing of the Bill Chippas Radio Show.
Root has been dubbed "The King of Vegas" by the media, as he has two decades of success in media (television and publishing) and business operations. GWIN Inc. is America's only publicly traded sports handicapping & information firm. GWIN has announced their filing of a patent infringement case against six separate parties. Root will elaborate on this suit and GWIN's patents.
The Bill Chippas Show features 27-year veteran investment analyst Bill Chippas, who is dedicated to making complicated stock market investments simple. He has a unique broadcast presence with a rich baritone voice, quick wit and engaging personality. Chippas is often joined by Mike King, who himself is a noted investment analyst, whose Princeton Research Inc. of Las Vegas has built a national reputation among stock market investors. The show features guests from companies representing different investment sectors (such as automotive, biotechnology, energy, mining to name a few) and notable figures from the investment industry. The Bill Chippas Show is broadcast on WPSL Digital 1590 in Port St. Lucie every Thursday evening at 6:05 p.m. EDT.
If you are outside the area for hearing the broadcast, the following link will permit you to hear a taping of the show. The link will have this featured show two hours after it has been broadcast: www.futurescom.com/billchippas-show.htm.
SOURCE: GWIN Inc.
Princeton Research Inc. Mike King, 702-650-3000 E-mail: mike*princetonresearch.com or The Bill Chippas Show Bill Chippas, 772-621-4234 Fax: 772-344-5616 E-mail: billchippasshow*bellsouth.net
Copyright Business Wire 2006
Posted by J_U_ICE on :
WLSA 0.25
Wireless Age -- Appointment of New Directors 8/24/2006
TORONTO, Aug 24, 2006 (PRIMEZONE via COMTEX News Network) -- Wireless Age Communications, Inc. (OTCBB:WLSA), a leading supplier of solutions to the Canadian wireless communications industry, announced today two newly appointed members of the Company's Board of Directors.
Effective August 24, 2006, Mr. David Valliere and Mr. Glenn Poulos have been appointed as directors. Mr. Valliere will be considered an independent director. Mr. Glenn Poulos is President of the Company's wholly owned subsidiary, mmwave Technologies Inc., and will therefore be considered an executive director.
Mr. Glenn Poulos, a substantial shareholder of the Company, and the brother of Mr. Brad Poulos, is a seasoned wireless and telecommunications executive with over 15 years experience in such capacity. Mr. David Valliere is currently an Associate Professor at the School of Business Management, Ryerson University and has served in several senior management and executive roles over the last 19 years with the Canadian banking industry, telecommunications and venture capital.
Mr. Brad Poulos, Chairman, President and CEO commented: "I would like to welcome David and Glenn to the Board of Directors; their appointments will satisfy our requirement to replace two departed directors earlier this year. Glenn through his operational responsibilities at mmwave will provide the Board with an additional dimension of knowledge as we aggressively grow that business unit. David's vast business and academic experience and contacts will also make a substantial contribution to our Board."
"I'd also like to assure everyone; we are working on a state of the nation address for the Agoracom website. In order to do justice to the task, I've asked all business unit executives to provide me with additional knowledge of their respective operations and thoughts as to our performance for the remainder of fiscal 2006. It's going to take a little longer than anticipated. Meanwhile, I can comment that post-closing of the Barron financing in early August, operating levels have increased dramatically especially in the commercial business segment. August is shaping up to be an exceptional month. Our efforts arising from the new Vancouver regional operations centre are ramping up, we've received an indication of what is expected of us under the new contract and we expect to meet all operating plans in that area."
For all Wireless Age investor relations needs, investors are asked to visit the Wireless Age IR Hub at http://www.agoracom.com/IR/WirelessAge where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to WLSA*agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
About Wireless Age Communications Inc.
Wireless Age's operations are segregated into two distinct segments, Retail and Commercial.
Retail:
Wireless Age retail outlets sell next generation wireless products and services to business and individual end users in Saskatchewan and Manitoba.
Commercial:
Within the Commercial segment, mmwave does specialty distribution and network engineering and integration, for carriers and manufacturers of communications equipment in Canada. Wireless Source distributes prepaid phone cards, wireless accessories, land mobile radios, batteries and ancillary electronics products to dealers throughout North America. Wireless Works operates broadband public access and private networks in Southern Ontario, and develops and deploys consumer and commercial products for those networks.
The company is a recognized leader in the wireless industry in Canada and is a member of the WiMax forum, as well as a very active member of the Canadian Wireless Telecommunications Association.
This press release contains "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Wireless Age Communications, Inc. cannot provide assurances that the matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Wireless Age Communications, Inc. SEC filings. Wireless Age Communications, Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with Wireless Age Communications, Inc.'s business, please refer to the risks and uncertainties detailed from time to time in Wireless Age Communications, Inc.'s SEC filings.
David Keaveney, President and CEO of MotorSports Emporium Inc., Provides Significant Progress Report and Update in an Audio Interview at SmallCapVoice.com Business Wire - August 24, 2006 14:11
AUSTIN, Texas, Aug 24, 2006 (BUSINESS WIRE) -- SmallCapVoice.com, Inc. today announced that a new audio interview is available at SmallCapVoice.com. The featured guest is David Keaveney, President and CEO of MotorSports Emporium Inc. (OTCBB:MSEP). The Company recently announced that the Company has completed the purchase of all 2,671,817 shares of its issued and outstanding Series B Preferred Stock ("Pf B Shares") in three private transactions. The interview features Mr. Keaveny's personal insight into this move and all of the company's recent news. The interview can be heard here at http://www.smallcapvoice.com/msep/msep-8-24-06.html.
About MotorSports Emporium, Inc.
MotorSports Emporium Inc. is a fast-track, multi-faceted and diversified company in the motor sports industry targeting INDY, NASCAR, Formula 1 and other racing series, spectators, classic car and high performance auto enthusiasts, professional and amateur mechanics and discriminating consumers in search of high quality auto parts and accessories. MotorSports Emporium's marketing plan is to reach consumers through mass market retailers, auto parts suppliers, and home television shopping networks, infomercials, industry and consumer trade shows, and consumer direct advertising (television, magazine and Internet). For more information visit www.motorsportsemporium.com.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate consulting firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html or call 512-267-2430.
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 and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project 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: SmallCapVoice.com
MotorSports Emporium Inc. David Keaveney, 480-596-4002 davidk*motorsportsemporium.com
Copyright Business Wire 2006
Posted by J_U_ICE on :
RMDG (PINKSHEETS: RMDG) is in the final stages of transition from a development company to a fully functional corporation bringing various products to market. We have achieved this in a short time frame of about ten months. A true achievement, considering we had to first do a massive restructuring of the company and change the business focus from defense contracting to multimedia conglomerate with a focus on hip-hop content. Yesterday's announcement of the closing of our Regulation D,504 financing was welcome news to all and I wanted to take the opportunity to update shareholders on our remarkable progress.
Here is an update on our many initiatives.
1. Block Star DVD Magazine
The Company's long-awaited and highly anticipated DVD magazine project, Block Star DVD Magazine, officially hit the shelves of traditional 'bricks and mortar' retailers in the U.S. earlier this month. This DVD is the first of many RMDG projects to become available for consumer purchase through traditional retail channels. While RMDG has a stronghold on the digital arena, this is their first offline product delivery. Block Star DVD Magazine will continue to be available through Amazon.Com; however, it can now be found at Best Buy Co., Inc. and all Trans World Entertainment locations which include Wherehouse Music, Sam Goody, Suncoast and many more.
U.S. distribution is being handled through longtime distribution pioneers, Bungalo Records and Universal Music Group, a subsidiary of Vivendi Universal and Video Distribution, while The Pickwick Group Ltd. of London will handle retail placement abroad. Beyond instant 'off the shelf' profitability, RMDG executives continue to work with the creative forces behind The Block Star DVD Magazine to explore non-traditional ways for a project this unique to reach the ideal consumer -- like making it available on Sony's PSP(TM) gaming and media platform or as a bonus feature accompanying other RMDG products. On the more traditional side, RMDG executives are quick to point out the extremely profitable advertising potential that is being realized through our new relationship with Google Video. Block Star DVD Magazine is showing great promise for us and executives from Bungalo Records and Universal alike are encouraged enough to suggest a regular release of the product on a bimonthly basis.
2. Roc Monee
Earlier this year, our rising star Roc Monee delivered with his performance at Zanzibar in Washington, D.C. He was also showing his overall ability to generate revenue for RMDG. In spite of the intimate venue, Roc Monee's live performance was able to generate over $25,000.00 in net revenue for the RMDG Entertainment family. The intended purpose for the evening was for Roc to tape his first of many appearances on the Real Hip-Hop Network (RHN); however, his performance obviously had a significant impact on the live crowd at Zanzibar as well by turning the evening into an unforgettable live event. Roc Monee has also secured his own one-hour special on the Real Hip-Hop Network (RHN). The special is currently set to air in late September around the release of Roc's highly anticipated debut album -- "Diamond In The Rough." We are heavily promoting him at the national radio level -- preparing his fans for an amazing album. Roc Monee is loved by his fans and the media -- we expect huge numbers from him.
His single "Overdrive" is being serviced to all major hip-hop radio stations around the country with a heavy emphasis on traditional terrestrial giants like Clear Channel, Archway Communications, Access 1 Communications, Cumulous Broadcasting Inc, Welch Communications, Radio One Incorporated and satellite pioneers like Sirius Radio and XM Radio. Currently, "Overdrive" has taken the airwaves and clubs by storm. It is in rotation in 31 radio stations across the country including but not limited to KBTT-FM, KMLL-FM, KBLR-FM, KHTE-FM, WBTJ-FM, WOWI-FM, WJUC-FM, WERQ-FM, WJBT-FM, WHHH-FM, and HOT 97-FM. All of our target radio stations should be serviced by the end of this week and we expect more stations to be added to the existing list, which is already impressive for a new artist. We anticipate weekly or biweekly updates for shareholders on our radio campaign via press release.
A promotional campaign like this is used to create demand for Roc Monee's album by large retail outlets like Target and Best Buy. Bungalo Records (exclusively distributed by Universal Music and Video Distribution) will service the U.S. retailers directly on behalf of RMDG. The precise in-store date for the album's release is determined with the retail outlets' input based on predicted sales -- it will hit shelves in early Fall of '06 on September 26th. RMDG will also release the album in digital and ring-tone formats through their 60 digital distributor list including familiar names such as iTunes, Sony Connect, Jamster, and more.
Roc Monee recently wrapped the video shoot for "Overdrive." Lamont Liquid Burell, one of the industry's brightest up-and-comers, directed the video and was blown away by Roc's natural ability to shine. Burell has worked with the likes of Alicia Keys and reported that Roc was a star whose charisma and raw energy were made for the camera. The video is in final stages of the editing process and is expected to be completed next week. Once completed, the video will be serviced to key players such as MTV, VH1, RHN, and BET, much like the radio stations were. Video rotation will not only impact Roc's sales, it will also convince any radio stations to increase their plays for him. Roc will have many more opportunities to shine on film in the years to come, including his upcoming special on The Real Hip-Hop Network (RHN).
To increase Roc's visibility we are booking as many promotional appearances as we can for him to meet and greet his fans and perform selected tracks from his album. He performed last week with the girl group Lover and is slated for a September 8th performance in Atlantic City for The FunkMaster Flex Car Show. As the September 26th release date approaches, Roc will be doing a lot of phone-in radio interviews with the stations that support his album and will be seen doing in-store appearances with major store chains and mom and pop chains alike that carry his album. Two weeks prior to the album release, street teams will be servicing major metro areas around the country with posters, sample CDs and other advertising materials to help push sales and awareness as well.
Management is very pleased with the progress of Roc's project thus far. In conjunction with several key industry professionals we have working on "Diamond in the Rough," we believe we have no less than 5 singles (songs) to service radio with and are committed to doing so. We are fortunate in the fact that normally there are one or two songs that will be serviced to radio in the attempts of raising awareness and interest in an album project. RMDG had a good dilemma in that there were so many strong tracks, we had a hard time picking the first one to service.
This does not happen often, however, there have been some examples of albums this strong. Bobby Brown's first solo album had 5 singles (songs) serviced to radio including "MY PREROGATIVE," "TENDERONI," "EVERY LITTLE STEP I TAKE," and "DON'T BE CRUEL." What resulted was multi-platinum success and strong sales for the album during the first 9 to 12 months and it still sells units today.
Although I am not guaranteeing platinum performance of the album, we are convinced that the potential for rather significant sales is there and we will service numerous tracks to radio to spike sales. Roc has given us an exceptional product to sell and we thank him for all of his creative efforts. To be lucky enough to have an initial flagship project like this to service our distribution matrix with is truly a blessing.
3. Big Kuntree
Big Kuntree is in the last phases of recording his debut album for us. We expect it to be completed within 30 days at which time we will begin the process that we have already put into place with Roc Monee (see above). Samples of Kuntree's tracks have been played to the same promotional team that is working Roc's album and many feel that this one is just as strong. We expect his album to be released maybe late fourth quarter this year, most likely early first quarter 2007.
4. Heavy D
With names like Sean "Diddy" Combs, Anthony Hamilton, and Heavy D himself producing tracks on the album, we are firmly planted among some of the biggest names in the history of hip-hop. We are honored to be in a position to deliver a project of this caliber to the masses. We at RMDG have set the bar extremely high with regard to quality of projects we get behind -- the Heavy D project is merely the tip of the iceberg. Heavy D has been attracting international acclaim on several levels; however, this project is particularly hot. Originally set for release later this year, Heavy and the executive team at RMDG agreed to put our feet firmly into getting the project aligned with his fan base which is different than the 14 to 24 demographic that Roc and Kuntree are pursuing. He is targeting the 25 to 35 demographic who grew up with hip-hop that feel they don't have a large choice in today's market when buying music. Most of this demographic has been relegated to buying past catalogue releases to get their musical fix. Heavy and RMDG are working together to align the project with key publications that could assist in our success like Essence and Vibe magazines. We will be very deliberate and careful in our promotional campaign as we see a lot of potential in this project. The final release date will be determined by our team acknowledging that it has put all of the "out of the box" promotional pieces in place so we can best service this most important project by a true hip-hop legend.
5. MoTV Inc.
MoTV Inc., formerly a privately owned entity, has been working alongside an RMDG development team for the last two years to bring a brand new mobile experience to the marketplace in 2006. The finished product can best be explained as a real-time broadcast similar to the original MTV platform -- coupled with an interactive retail element reminiscent of the Home Shopping Network. This new hybrid mobile network not only delivers a totally new experience for the viewer, it also introduces three distinct revenue streams for network supporters: advertising, subscription, and retail. With deals being structured around the globe for our overwhelming content, MoTV Inc. is our own delivery vehicle designed to capitalize on the content we've worked so hard to amass. This technology by itself provides an unparalleled experience to the end user by delivering entertainment and retail interactivity to any mobile phone or device. This goes far beyond the current goal in the industry, which puts such a heavy emphasis on content; we are delivering real-time interactive content, which empowers the audience with the tools necessary to be entertained and shop simultaneously. Utilizing RMDG's massive global hip-hop influence, we structured MoTV Inc. technology in such a way that there doesn't need to be one central hub for global content delivery, which means that we aren't limited by traditional bandwidth issues and our network is ready for implementation on a global scale as we speak
In July we announced the completion of the pilot episode of their highly anticipated original series entitled, "Hip-Hop Tonight(TM) With Jay Milla." The pilot episode marks the first in a series of new original projects being produced specifically for the mobile platform. To penetrate the market on multiple levels, we will have multiple versions produced for global redistribution. The objective is to utilize the original RMDG content as an advertising vehicle with key relationships they have in place with industry giants like Google, AOL and the Real Hip-Hop Network, to name a few. While the primary function is to create powerful street driven content, the other network avenues open the door to enormous advertising potential and massive global exposure for the RMDG brand.
MoTV Inc. has evolved into a content delivery platform company, a program production house, and content management corporation. In 2007, we expect significant revenue from this subsidiary. Revenue has begun trickling in from this initiative this month and we expect it to increase dramatically on a monthly basis as we distribute more of our content globally through the MoTV platform and other platforms like Google, and AOL.
6. RHN
Not too long ago, RMDG entered into a strategic partnership with the Real Hip-Hop Network (www.rhn.tv), arguably the largest multimedia hip-hop content resource in existence with over fifteen thousand (15,000) hours of original programming in the can. According to the parameters of the agreement, RMDG will have complete discretion with respect to the global distribution of all RHN content and is entitled to 50% of any revenue generated as a result of RMDG involvement. By utilizing our longtime relationships with Bungalo Records (exclusively distributed by Universal Music & Video Distribution), The Pickwick Group Ltd. and over sixty digital music distributors, RMDG Entertainment will instantly convert content to capital through both traditional and alternative distribution channels.
The Real Hip-Hop Network is the first ever cable television network geared specifically toward the dynamic lifestyle and culture that defines hip-hop. By the end of 2006, RHN will reach over 17 million homes nationwide via cable and satellite, which gives this deal with RMDG that much more impact. Not only will RMDG now have a massive cross-section of its ideal demographic to introduce its artists, products and alternative content distribution to, but it will also be able to capitalize on the staggering advertising possibilities that come with that level of market penetration.
Along with our other RHN projects, we will co-produce five of the biggest hip-hop concerts to hit the stage this year. While details are still being ironed out with respect to performers and venue dates, hip-hop legends LL Cool J and Jadakiss were the first two headliners to announce their participation in the RMDG/RHN production. RMDG's own Roc Monee recently performed in Washington, D.C. with LL Cool J...the show was taped for later broadcast on RHN; however, the crowd was blown away by Roc's performance and showed their support at the door.
Beyond that, we recently announced our deal with the Real Hip-Hop Network to be a primary content provider for the highly anticipated MoTV platform by co developing a mobile network devoted strictly to RHN programming. The Real Hip-Hop Network will be the primary provider of applicable hip-hop content for MoTV over the next five years and the two companies will equally split all revenue generated as a result of the new mobile network. Tentatively called "MoRHN," this new network can utilize the proprietary MoTV technology to bypass traditional cable barriers and deliver RHN programming directly to the consumer via any IP (Internet Protocol) enabled mobile device.
July marked a leap forward for our relationship with RHN as we announced that through a landmark distribution deal with MHz Networks, the Real Hip-Hop Network (RHN) will air in over 2 million D.C.-area households from 12:00 am to 6:00 pm -- six days a week. This additional viewership is in addition to their previous viewer numbers, which reached well above 15 million. The new outlets carrying the network are as follows: Verizon FIOS (Channel 34 in DC/31 in MD/31 in VA), Adelphia (Channel 25 in Spotsylvania/Richmond/Stafford), Dish Network (Channel 53 or 8084), Metromedia (Channel 18 in King George County) and DirecTV (Channel 53 or 971).
We are most excited about our recent announcement regarding Real Hip-Hop Network; collectively, we are rolling out its initial 35-hour block of original content -- specifically engineered for use with Google Video platform. RMDG recently entered into an alignment with Google Video for the specific purpose of delivering quality content, in exchange for a substantial share of the advertising revenue generated along the way. RMDG and RHN will consistently deliver cutting edge content to the Google Video millions, while being able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities.
Atton Muhammed, CEO of RHN, and I are dedicated to expanding our strategic partnership far beyond normal expectations. We share a common understanding of the potential earnings in hip-hop media as well as the shortcomings of the status quo of our industry (hip-hop). I am confident that our relationship with RHN will bring us major earning power for years to come as well as tremendous promotional power for our music and DVD products. Soon, many people will associate RHN and RMDG in the same breath as one in the same, striving for excellence and change.
7. Google
We recently signed an agreement with Clayton Entertainment (www.claytonentertainment.com), which enables them to feature our entire content library on Google Video. After dealing with Clayton Entertainment for a short time, it became quite evident to Anthony Lucas (CEO, MoTV Inc.) and me that they were not big enough for our plans and could not facilitate our vision or requirements. In response to this Anthony met directly with Google, presented our position, and we signed a deal directly with the Internet giant to become content providers. This step marks a profound evolutionary step for RMDG and our original video distribution model. According to the deal, Google Video will now be the premier distribution platform for all RMDG multimedia content including, but not limited to, artist videos, live concert events and the bulk of the 15,000 hours of urban media programming acquired from their recent deal with the Real Hip-Hop Network (RHN). Through our relationship, RMDG will now be able to utilize Google's proprietary technology to stream content to the masses while using the platform to generate revenue from billable content downloads, merchandising and the multitude of advertising opportunities. Multimedia business platforms are changing every day because they are still in their infancy. Google remains both flexible and creative in its approach to working with us. We see major revenue and promotion opportunities working with Google and are excited about the prospects of working within a framework that provides a network of 350 million visitors a day to its portal.
8. The New RMDG Website
Our web marketing and design team are putting the final touches on the new RMDG corporate website. Many of the top professionals in the Internet design community have been diligently working for months on delivering a website that mirrors RMDG's commitment to bringing the highest quality artists, products and projects to the entertainment marketplace. The new site is live and can be viewed at http://www.rmd-entertainment.com. However it is not in its final stages of development. I have directed the design staff to make the site able to support multimedia platforms for press release purposes. So in the not too distant future you will be able to see letters like this one delivered via video feed on the site for shareholders to view promotional items as well. We will continue to push the envelope in our corporate appearance as we evolve.
In conclusion, I feel the most difficult times for the company are over and we have grown tremendously. We stuck to our guns and our plan no matter what people said or thought and it was that spirit of conviction that put us in the position we are today. Now we have the luxury of selling our products on a global scale with the support of industry giants such as Google, Universal, AT&T, ITunes -- just to name a few. It has been my staff's and my own pleasure to serve the shareholders and the company during this time. This is where the fun begins for us. Now we can begin to realize our vision and corporate potential as we hit the road running for the first time. The future looks very promising for us all. I thank you for all of your support.
God Bless,
Giorgio Costonis CEO RMDG "Where Hip-Hop Meets Wall Street"
CONTACT: Jed Wallace Publicist Phone: (310) 234-3200 jwallace*mphpr.com
Posted by J_U_ICE on :
ARVI 0.40
Arvana Inc. (Formerly Turinco) Establishes European Base with the Acquisition of Hallotel GmbH 8/24/2006
VANCOUVER, British Columbia, Aug 24, 2006 (BUSINESS WIRE) -- Sir John Baring, Bt., chairman of Arvana Inc. (OTCBB:ARVI) ("Arvana"), a corporation focused on developing IP-based telephony services on a global basis, today announced that Arvana has successfully closed the acquisition of Hallotel Deutschland GmbH.
The purchase price was five million Euros, satisfied by a cash payment of 500,000 Euros, the issuance of 3,541,700 restricted common shares of Arvana and a promissory note for 250,000 Euros to be paid within 60 days.
Hallotel, a company based in Frankfurt, Germany, was established in August, 2000 and is a telecommunications service provider currently focused on the provision of long-distance telephone calls between Germany, Austria, Switzerland and Turkey. Hallotel has an established subscriber base with revenues approaching 4 million US dollars in 2005. Hallotel's switching facilities and agreements with incumbent carriers enable its customers to make calls between cities in Germany, Russia, and Turkey at highly attractive rates. As an example, members of the Turkish community living in Germany who make frequent calls to their families and friends in Turkey find the Hallotel service particularly attractive.
The services currently provided by Hallotel primarily comprise:
-- Carrier Pre-Select, a service that allows the customer to route all their outgoing calls through Hallotel's inexpensive carrier partners;
-- Call by Call Pre-Select, which is essentially the same but allows the user to select Hallotel for specific calls;
-- Wholesale Carrier Services, where Hallotel terminates long-distance telephone traffic from these wholesale carriers in Germany and Turkey; and
-- Calling Cards, which Hallotel already distributes through a network of resellers in Austria and Germany. Hallotel markets these cards with promotional offers and calling rates that are particularly attractive for those customers that call Turkey frequently. All Hallotel calling cards are prepaid.
Arvana plans to deploy its telephony technology in Germany as part of its acquisition of Hallotel. "With the addition of the Arvana VoIP and billing platform, we now plan to offer a variety of new services in many new countries across the region," said Teyfik Ozcan, General Manager of Hallotel, and now Vice-President, Europe & Middle East for Arvana.
The acquisition of Hallotel is a key step in Arvana's growth strategy, providing it with an established base from which to deliver its advanced telephony services across the countries of Europe and the Middle East.
About Arvana Inc.
Arvana Inc. operates through Arvana Networks and its subsidiaries and plans to service the growing international demand for Internet telephony solutions by providing inexpensive long-distance and international phone calls.
Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although Arvana believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. A key factor that could cause actual results to differ materially from those described in these forward-looking statements is the inability of Arvana to obtain the financing necessary to achieve its business plans. Key facts that could result in actual results Arvana encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB, Form 10-QSB and Form 8-K. Arvana's public filings may be viewed at www.sec.gov. These public filings include additional risk factors that could cause actual results to differ materially from those described in any forward-looking statements.
SOURCE: Arvana Inc.
Arvana Inc., Vancouver Iain Drummond, 604-684-4691 (office) 604-727-1767 (cell) iain.drummond*arvana.net
Copyright Business Wire 2006
Posted by J_U_ICE on :
MXROF 0.30
MAX Resource's JV partner completes work program on Diamond Peak Gold/Zinc Property in Eureka County, Nevada 8/24/2006
VANCOUVER, Aug. 24, 2006 (Canada NewsWire via COMTEX News Network) -- TSX-V Symbol: MXR
OTC BB Symbol: MXROF
Frankfurt: M1D
VANCOUVER, Aug. 24 /CNW/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has been advised by Kokanee Mineral Inc. that it has completed in excess of $100,000 in exploration work on MAX's Diamond Peak Property in Eureka County, Nevada and satisfied its first year work commitment. MAX has granted Kokanee the option to earn a 51% interest in the Diamond Peak Property by spending $1,000,000 on exploration over a three year period and making certain cash and share payments.
Kokanee has contracted with SJ Geophysics of Delta, B.C. to conduct a "3-d" Induced Polarization ("IP") survey on the Diamond Peak property. This 3-d survey will utilize computer data interpretation to provide a comprehensive model which will enable the IP to not only measure along the line of survey but between the lines.
This survey was completed in June 2006 over a total of 4 kilometres of strike length and the data is currently being interpreted for inclusion in a National Instrument 43-101 Geological Report being prepared on the Diamond Peak property for Kokanee Mineral Inc.
The Diamond Peak Property is located at the southern end of the prolific Carlin Trend of Nevada, which contains numerous gold deposits. The property comprises 38 claims located 32 miles north of the town or Eureka, Nevada and the Archimedes gold deposit owned by Barrick Gold Corporation. Strong surface mineralization occurs in a 2 mile long band of intensely clay altered rocks, 200 to 300 feet wide, on the hanging wall side of a major north striking normal fault, called the West Fault.
During previous work done by MK Gold in 1999, which included 17 holes and 10,085 feet of drilling, they encountered gold and base metal values that included:
<< - 5 feet of 0.067 oz/st Au in hole DV 99-4 and 5 feet of 0.062 oz/st Au in hole DV 99-5; and - 11.6 % of Zinc over 5 feet within 60 feet of surface along the West Fault in the Chainman formation in hole DV 99-15. >>
The base metal values were not considered significant and were not part of further considerations. However, current prices of zinc, silver, and lead make this an important target for further exploration. There are three intrusives that contain significant base and precious metal signatures along their edges that have not been drilled and could contain skarn mineralization that may be economic. The geophysical survey was conducted by Kokanee to better define the intrusive contacts and define drill targets for the next phase of exploration.
The information by MK Gold was not NI 43-101 compliant (and predated NI 43-101). There has been no NI 43-101 Geological Report completed on the Claims or on the Diamond Peak project. The historic information provided is for reference only and the reader should not infer or assert that the information is correct, reliable, relevant or accurate and should not be relied upon. Any mineralization or drilling estimates relating to the Claims are historical in nature, have not been verified by the issuer's qualified person, and should not be relied upon.
This news release has been reviewed by Mr. Clancy J. Wendt, P. Geo, a "qualified person" as that term is defined under National Instrument 43-101.
About MAX Resource Corp.
MAX Resource Corp. is a Canadian mineral exploration company focused on Uranium exploration, with properties in the U.S. and Canada. In addition, it holds highly prospective gold properties in Nevada and Alaska that have additional potential for Molybdenum (Alaska) and Zinc (Nevada). For more information, please visit our web site at www.maxresource.com.
On behalf of the Board of Directors of
MAX Resource Corp.
"STUART ROGERS"
Stuart Rogers
President
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
This News Release includes certain "forward looking statements". Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause MAX's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.
SOURCE: Max Resource Corp.
Leonard MacMillan, Corporate Communication, Telephone: (800) 248-1872 or (604) 637-2140, info*maxresource.com, www.maxresource.com
Copyright (C) 2006 CNW Group. All rights reserved.
Posted by J_U_ICE on :
TCOM 0.42
TCOM Announces Launching a New Formation IT Services Firm in China, Focuses One Million SMEs Internet Business Services Market 8/24/2006
HONG KONG, Aug 24, 2006 /Xinhua-PRNewswire via COMTEX News Network/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM) the Total Solutions Provider, announced today that its wholly-own subsidiary, a new formation IT services firm called Guangzhou TCOM Computer Technology Limited ("GTCT"), has launched its business in China.
"We are launching a new formation of a wholly-owned IT Consulting and Developing firm to provide full services to SMEs, Internet business services of IBS v5.0 and online college e-learning businesses, which focuses on a more than $1 billion market in China," said Tim Chen, CEO of TCOM.
GTCT has hired 9 full time R&D engineers, 29 full time sales engineers and more than 200 part time sales representatives in China. Mr. Tim Chen is the president, Mr. Victor Li is the vice president of GTCT.
About Telecom Communications, Inc.
Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd., IC Star MMS, Ltd. (http://www.icstarmms.com), 3G Dynasty Inc. (http://www.skyestar.com) and Guangzhou TCOM Computer Technology Limited.
Safe Harbor
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information, please contact: Ms. Sandy Tang Telecom Communications, Inc. Tel: +852-782-0983 Email: pr*tcom8266.com
SOURCE Telecom Communications, Inc.
Ms. Sandy Tang of Telecom Communications, Inc., Tel: +852-782-0983, or Email: pr*tcom8266.com http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
TCOM Announces Launching a New Formation IT Services Firm in China, Focuses One Million SMEs Internet Business Services Market
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BSIO .007
BSI2000, Inc. (OTCBB: BSIO) - Wednesday's shares stayed even at $0.0080. The volume was at 297,500. BSI2000, Inc. , a developer of high-end security systems for commercial and governmental use, today announced that it has engaged Transition Partners Limited of Boulder, Colorado to provide analysis and advice to the Board of Directors regarding possible financing or other strategic alternatives that may include sale or merger of the Company.
BSI2000, Inc. is headquartered in Lakewood, Colorado. The Company designs, builds, and sells high-end security related products for the homeland defense, entry/exit access control, and identification markets. The Company develops and sells patented and patent-pending systems for identifying, authenticating, and tracking people and their activities by combining biometrics, electronic ID cards of various types, sensors, extensive embedded software, and advanced cryptography