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RSDS - uranium play under .002
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[QUOTE]Originally posted by roiresearch: [QB] [b]HOUSTON, TX, Mar 05, 2007 (M2 PRESSWIRE via COMTEX) [/b]-- Russell Industries, Inc. (RSDS.PK) would like to update its shareholders regarding its capital raising. The Company has been raising equity capital pursuant to and in compliance with SEC Rule 504 Regulation D since August 2006. [b]The Company plans to raise up to $1,000,000 and has raised $367,000 to date.[/b] The equity capital is being raised for expenses, working capital and potential acquisitions. The Company has chosen to sell its shares to only accredited investors to raise equity capital, rather than borrowing to raise equity capital. Therefore, to date, [b]the Company has no debt from loans to raise equity capital.[/b] The Company, its Investor Relations Department and Transfer Agent have recently been barraged by what appears to be day traders and chat room "conspirators", in a non stop effort to encourage the release of premature press and ex-parte company information their short term gain. Russell Industries plans to continue to raise equity capital and will not release gratuitous press and will make information available to the public only on the company's website, [URL=http://www.russind.com,]www.russind.com,[/URL] [URL=http://www.pinksheets.com,]www.pinksheets.com,[/URL] and through press releases when Company news warrants it. About Russell Industries, Inc. Russell Industries, a Nevada Corporation, was incorporated in 1997. Russell Industries is a holding company that will acquire assets in the energy, mining, healthcare and financial industries. Russell Industries owns 54 uranium and vanadium mining claims located in East Canyon, Monticello, Utah [/QB][/QUOTE]
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