MLON - Mellon Research, Inc.This stock became available in December, 2003. It held a stable price of $5.00 until a 200-1 forward split was done the first week of March, 2004. At that point it held 0.04 - 0.07 for approximately ten weeks before falling to current level of 0.002 - 0.003 prices. The past few months have shown this company to be aggressively structuring new multi-million dollar "revenue producing" contracts at a rapid pace. The mathematics alone make this an attractive stock as before the F/S an investor had to pay $1000 for 200 shares of stock. The forward split the gave the same investor 40,000 shares for the $1000 originally invested. At the current price levels todays investor can buy much more reasonably:
40,000 shares @ 0.002 = $80
40,000 shares @ 0.003 = $120
At the rate that this company is securing new contracts, I feel that as early as September, 2004 they could reach the post-F/S price of 0.04. What costs $80 today would then be valued at $1600.
3-Jun-04 0.00 0.00 0.00 0.00 0 0.00
2-Jun-04 0.01 0.01 0.01 0.01 0 0.01
1-Jun-04 0.00 0.00 0.00 0.00 0 0.00
28-May-04 0.00 0.00 0.00 0.00 0 0.00
27-May-04 0.00 0.00 0.00 0.00 0 0.00
26-May-04 0.00 0.00 0.00 0.00 0 0.00
25-May-04 0.00 0.00 0.00 0.00 0 0.00
24-May-04 0.01 0.01 0.01 0.01 0 0.01
21-May-04 0.00 0.00 0.00 0.00 0 0.00
20-May-04 0.00 0.00 0.00 0.00 0 0.00
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12-May-04 0.01 0.01 0.01 0.01 0 0.01
11-May-04 0.02 0.02 0.02 0.02 0 0.02
10-May-04 0.03 0.03 0.03 0.03 0 0.03
7-May-04 0.02 0.02 0.02 0.02 0 0.02
6-May-04 0.03 0.03 0.03 0.03 0 0.03
5-May-04 0.04 0.04 0.04 0.04 0 0.04
4-May-04 0.02 0.02 0.02 0.02 0 0.02
3-May-04 0.03 0.03 0.03 0.03 0 0.03
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29-Apr-04 0.04 0.04 0.04 0.04 0 0.04
28-Apr-04 0.04 0.04 0.04 0.04 0 0.04
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21-Apr-04 0.03 0.03 0.03 0.03 0 0.03
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19-Apr-04 0.03 0.03 0.03 0.03 0 0.03
16-Apr-04 0.01 0.01 0.01 0.01 0 0.01
15-Apr-04 0.01 0.01 0.01 0.01 0 0.01
14-Apr-04 0.04 0.04 0.04 0.04 0 0.04
13-Apr-04 0.04 0.04 0.04 0.04 0 0.04
12-Apr-04 0.04 0.04 0.04 0.04 0 0.04
8-Apr-04 0.04 0.04 0.04 0.04 0 0.04
7-Apr-04 0.06 0.06 0.06 0.06 0 0.06
6-Apr-04 0.04 0.04 0.04 0.04 0 0.04
5-Apr-04 0.07 0.07 0.07 0.07 0 0.07
2-Apr-04 0.05 0.05 0.05 0.05 0 0.05
1-Apr-04 0.04 0.04 0.04 0.04 0 0.04
31-Mar-04 0.04 0.04 0.04 0.04 0 0.04
30-Mar-04 0.04 0.04 0.04 0.04 0 0.04
29-Mar-04 0.04 0.04 0.04 0.04 0 0.04
26-Mar-04 0.03 0.03 0.03 0.03 0 0.03
25-Mar-04 0.03 0.03 0.03 0.03 0 0.03
24-Mar-04 0.03 0.03 0.03 0.03 0 0.03
23-Mar-04 0.03 0.03 0.03 0.03 0 0.03
22-Mar-04 0.03 0.03 0.03 0.03 0 0.03
19-Mar-04 0.03 0.03 0.03 0.03 0 0.03
18-Mar-04 0.04 0.04 0.04 0.04 0 0.04
17-Mar-04 0.04 0.04 0.04 0.04 0 0.04
16-Mar-04 0.04 0.04 0.04 0.04 0 0.04
15-Mar-04 0.04 0.04 0.04 0.04 0 0.04
12-Mar-04 0.04 0.04 0.04 0.04 0 0.04
11-Mar-04 0.04 0.04 0.04 0.04 0 0.04
10-Mar-04 0.04 0.04 0.04 0.04 0 0.04
9-Mar-04 0.04 0.04 0.04 0.04 0 0.04
8-Mar-04 0.04 0.04 0.04 0.04 0 0.04
5-Mar-04 0.04 0.04 0.04 0.04 0 0.04
4-Mar-04 0.03 0.03 0.03 0.03 0 0.03
3-Mar-04 5.00 5.00 5.00 5.00 0 5.00
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18-Dec-03 5.00 5.00 5.00 5.00 0 5.00
17-Dec-03 5.00 5.00 5.00 5.00 0 5.00
About Mellon Research, Inc.
Mellon Research, Inc. is a statistical research company, which specializes in finding strong emerging companies in China and provides a vehicle for them to go public in the United States. The company's offerings include consulting for project funding and asset management, issuing collateral from top world banks and bridge loans.
Recognized by customers are ``MLON'' and related Mellon-branded subsidiaries. The company has approximately 200 associates worldwide in our active network and acquired assets of $120 million for its most recent fiscal year, which ended Dec. 31, 2003. For more information about Mellon Research, Inc., call 602.912.5860 in the United States or visit http://www.mellonresearch.com.
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Here is a brief compiling of all news PR's the company has released since it became available in December, 2003.
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Mellon Research, Inc. Performed 200 To 1 Forward Split
Thursday February 26, 3:13 pm ET
PHOENIX, Feb. 26, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) (the ``company'') today announced that for every share held of record on February 25, 2004, each shareholder will receive 200 additional shares.
ADVERTISEMENT
The management decided to pay this large dividend to shareholders in order to make the stock more marketable. The management believes this will be a strong move for the marketability of the stock.
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Mellon Research, Inc. To Provide Assets To Fund Construction Of Largest Toll Road In China
Thursday March 4, 8:20 am ET
Mellon signing final contract to put up assets for project resulting in approximately $10 Million in 30 days
PHOENIX, March 4, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) (the ``company'') announced today they will be signing and finalizing the contracts for the project in China that will allow the largest construction company in China to build the largest toll road in the country. Mellon will be putting up US$500,000,000 of assets with their partner Sampaio y Sampaio S.L. to complete the transaction. The client funding bank will be one of the largest banks in Beijing, China Everbright Bank. Also involved in the deal will be the prestigious law firm of Mr. Stanley P. Salzman P.C., Friesner & Salzman, LLP and their escrow bank, Citibank of Beijing, China. This will be one of the largest transactions to date for Mellon Research, Inc. and will be completed in the next 30 days, which will result in the addition of US$10,000,000 to their balance sheet.
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Mellon Research, Inc. Stock Price Up 50 Percent With Steady Activity
Friday March 5, 2:41 pm ET
Value to shareholder has increased steadily over past week
PHOENIX, March 5, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News)(the ``Company'') announced today that their authorized shares of common stock have increased in price by 50 percent. The Company recently performed a 200 to 1 forward split, which resulted in the share price being driven down to 2 cents. Within the past week, the stock has gained value due to activity and is currently trading at 4 cents per share.
Mellon has retained the services of DealFlo Advisors LLC in order to create momentum and rally the stock up to the greatest value for its shareholders and the Company. The company has planned a preliminary raise of $10,000,000 USD initially. The planned use for funds raised is to provide short term bridge loans and asset management.
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Mellon Research, Inc. Performing Bridge Loan For $200 Million USD In Real Estate In Cabo San Lucas, Mexico.
Wednesday March 17, 5:26 pm ET
PHOENIX, March 17, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) (the ``Company'') will be marketing this week for larger sized investors to raise seed capital to perform funding for a bridge loan in Mexico.
The client has $200 Million USD in real estate in Cabo San Lucas, Mexico. A bridge loan is needed in order to develop the first phase of the Luxury Home division, on acre lots, 30 Miles from Cabo Central, on the ocean, targeting primarily American and Canadian investors that would like to have a beach home in Mexico. Here a buyer will find great weather and the lowest prices for beach front property. The buyer may also take title to property under a trust, by the hereditary rights to title through a trust, back to the family in USA. This great deal and concept is taking off because of location proximity to the USA and most of all its time has come. The client is seeking approximately $5 Million USD for R&D, MLON will take a first charge on the real estate.
Additionally, Mellon Research, Inc. will no longer be working with DealFlo Advisors. As of Friday, March 12, 2004 DealFlo Advisors resigned from their working relationship with Mellon.
The deal for the Toll Road Project in Beijing was terminated by Mellon Research Inc.
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Mellon Research, Inc. Meeting In Los Angeles With Chinese Textile Manufacturer For Toys R Us Kids Clothing
Wednesday March 24, 1:34 pm ET
Mellon set to sign contract to take Pharmaceutical Company in China public in US
PHOENIX, March 24, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) (the ``company'') today announced that they will be meeting this Friday with a client in China who manufactures children's clothing for Toys R Us. The meeting will take place in Los Angeles and Mellon will advise how they can facilitate taking the client public in the United States in order to give the client a presence in the US markets.
Mellon Research, Inc. will receive $50 Million USD in the company stock for taking them public.
Also, Mellon is working with one of the largest pharmaceutical companies in China to take them public in the US as well. The company hopes to sign the contract with both clients in the next 10 to 15 days in order to give both companies the public vehicle they need to raise funds and establish a presence in our markets here in the United States.
Mellon will be taking an equity participation in each transaction.
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Mellon Research, Inc. Announces Aggressive Program To Work With Offshore Companies
Wednesday April 7, 7:00 am ET
PHOENIX, April 7, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News), the market leader in providing boutique investment banking services to offshore companies, today announced that it is offering for a limited time only and on a first come first served basis, a no charge consultation with offshore private companies that would like to have an immediate analysis done of their ability to go public via the OTC markets or raise significant amounts of capital.
The analysis process is based partially on the company's proprietary Financial Prep(tm) financial services. These services enable Mellon Research to strategically analyze a company's market position, operational capacities, financial structure and capabilities and more to help them better understand their ability to go public via the OTC market here in the U.S. or raise early stage or mezzanine capital.
``Most companies located outside of the United States do not have access to firms such as ours, nor do they have any ability internally to assess the viability of their going public or raising significant amounts of capital,'' said Mario Pino, CEO of Mellon Research, Inc. ``We know several of our competitors charge significant fees on the front end of any investment banking services, and we think there are a large number of companies who do not even look to establish these types of relationships as they are intimidated by the amounts of up front capital that may be required to start the process. We are changing the rules of the game -- we want to aggressively find and work with companies that may not ordinarily have the capacity to work with an established investment banking firm like Mellon Research, Inc.''
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Mellon Research, Inc. Announces Major SBLC Financial Contract for Hong Kong Client
Wednesday May 5, 1:38 pm ET
SCOTTSDALE, Ariz., May 5, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in providing boutique investment banking services to private mid-cap companies and offshore firms, today announced that it has successfully set up a $10 million Standby Letter of Credit (SBLC) finance package for bridge funding purposes for a leading trading firm in Hong Kong.
``We've worked hard on putting together an SBLC finance package for our client that will enable our client to complete an important project on time and under budget -- they needed a bare minimum of $5 million in bridge funding in a short amount of time and we were able to double this amount for them with a timeline that meshed with their needs,'' said Mario Pino, CEO of Mellon Research, Inc.
``This contract will generate a large fee for Mellon Research, estimated to be $1.2 million USD. It will also enable us to structure more finance deals with this client as they move forward in their business processes. We are aggressively looking at several other projects with clients who need similar types of funding and anticipate announcing several more contracts like this in the next few weeks.''
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Mellon Research Inc. Announces Major Bridge Funding Contract for New Client in Athens, Greece
Wednesday May 5, 1:51 pm ET
PHOENIX, May 5, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in providing boutique investment banking services to private mid cap companies and offshore firms, today announced that it has successfully setup a bridge funding loan for $120 million for a new client that has been collateralized by $300 million in fixed real estate assets. The new client is a major construction firm that is working on several major projects that must be completed in time for the upcoming Summer Olympics, which are being held in Athens Greece.
``We were approached by an offshore client in Greece that needed $120 million USD in bridge funding immediately so that they could complete a major construction project in Athens in time for the upcoming Summer Olympics. Extensive consultations with the company management led to better understanding of what their financial needs were and helped us analyze their existing real estate portfolio (assets) while assembling a financial package for them within a short timeframe,'' said Mario Pino, CEO of Mellon Research Inc.
``We then leveraged our existing contracts with the Credit Suisse Group in Switzerland and Deutsche Bank in Germany to put together a financial package that met our client's needs. This is a major contract for Mellon Research and should generate fees of $400,000 up to $1.6 million as we move forward through the contractual period.''
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Mellon Research Signs Greece Contract
Friday June 4, 3:31 pm ET
Mellon Research Inc. Announces Major Bridge Funding Contract for New Client in Athens Greece
SCOTTSDALE, Ariz., June 4, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in providing boutique investment banking services to private midcap companies and offshore firms, announced today that it has finalized the deal with a client in Athens, Greece. The contracts are signed, and the initial payment is being paid for the phase one of funding. The other payment for phase two will be made in 30 days.
To meet our client's needs, we leveraged our existing contracts with the Credit Suisse Group in Switzerland to put together an appropriate financial package,'' said Mario Pino, CEO of Mellon Research. ``This is a major contract for Mellon Research and should generate fees of $250,000 in the first phase and up to $5 million during the second phase as we move forward through the contractual period.''
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Mellon Research, Inc. Announces Entering Into an Arrangement With Kinghero
Monday June 7, 11:03 am ET
SCOTTSDALE, Ariz., June 7, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News), the market leader in providing boutique investment banking services to private mid cap companies and offshore firms, announced it has agreed to organize funding via its connections and relationships, at the specific request, from Kinghero International (Hong Kong) Limited for the purpose of assisting and supporting the Beneficiary's project of building, A Industrial City in Xiamen, China (the Project); Contracted in the amount ($5,000,000.00) Five Million United States Dollars.
Kinghero International (Hong Kong) Limited
Unit A-E, 11th floor, Haiguang Edifice
Shuixian Road
Xiamen 361001
China
Mr. Tang Chan Pong Rodney C.E.O.
Tel: 011865922110619
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Press Release Source: Mellon Research, Inc.
Mellon Research Paid on The Greece Deal Phase One
Monday June 7, 12:36 pm ET
SCOTTSDALE, Ariz., June 7, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in providing boutique investment banking services to private mid-cap companies and offshore firms, announced today that it has finalized the deal with a client in Athens, Greece. The payment was received this morning as part of the initial phase one of the development on Greece for the Olympics, this morning ``we are all very pleased,'' added Pino.
``To meet our client's needs, we leveraged our existing contracts with the Credit Suisse Group in Switzerland to put together an appropriate financial package,'' said Mario Pino, CEO of Mellon Research. ``This is a major contract for Mellon Research and should generate fees of $250,000 in the first phase and up to $5 million during the second phase as we move forward through the contractual period.''
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Mellon Research Signed Contract Today with Turkish Company
Tuesday June 8, 12:16 pm ET
SCOTTSDALE, Ariz., June 8, 2004 (PRIMEZONE) -- Mellon Research Inc. (Other OTC:MLON.PK - News), the market leader in providing boutique investment banking services to private mid cap companies and offshore firms, today announced that they have signed a contract with a Turkish client for refinancing of their existing debt on 300 boutique outlet stores in Europe, total contract for ($50,000,000.00) fifty million dollars, for Mellon Research collateralization of funding, which should result in fees earned for Mellon Research.
Contact:
Mr. Ibrahim Nejat Toksoy,
Ankara Caddesi No.169
Atabay Merkez IsHani Kat.5 No.501
SIRKECI 34420
ISTANBUL
TURKEY
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Mellon Research Inc. Announces Major SBLC Financial Contracts for Singapore, Hong Kong Clients: $1 Million and $15 Million SBLCs
Monday June 14, 12:21 pm ET
SCOTTSDALE, Ariz., June 14, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in providing boutique investment banking services to private mid-cap companies and offshore firms, today announced that it has successfully set up a $1 million Standby Letter of Credit (SBLC) finance package for bridge funding purposes for a leading trading firm in Singapore, and a $15 million Standby Letter of Credit (SBLC) finance package for bridge funding purposes for a leading trading firm in Hong Kong.
``This contract will generate a large fee for Mellon Research, estimated to be $480,000. It will also enable us to structure more finance deals with this client as they move forward in their business processes. We are aggressively looking at several other projects with clients who need similar types of funding and anticipate announcing several more contracts like this in the next few weeks,'' stated Mario Pino.
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Mellon Research Pipeline Report Shows Continuing Success
Tuesday June 15, 12:47 pm ET
SCOTTSDALE, Ariz., June 15, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in providing boutique investment banking services to private mid-cap companies and offshore firms, is pleased by its continuing success since going public, acknowledging the following previously announced contracts as indications as to why it is the market leader:
- Mellon Research Inc. Announces Major SBLC Financial Contracts for Singapore, Hong Kong Clients: $1 Million and $15 Million SBLCs
- Mellon Research Signed Contract Today with Turkish Company
- Mellon Research Paid on The Greece Deal Phase One
- Mellon Research, Inc. Announces Entering Into an Arrangement With Kinghero
- Mellon Research Signs Greece Contract
- Mellon Research Inc. Announces Major Bridge Funding Contract for New Client in Athens, Greece
- Mellon Research, Inc. Announces Major SBLC Financial Contract for Hong Kong Client
- Mellon Research, Inc. Announces Aggressive Program To Work With Offshore Companies
- Mellon Research, Inc. Meeting In Los Angeles With Chinese Textile Manufacturer For Toys R Us Kids Clothing
``This will enable us to structure more finance deals with clients as they move forward in their business processes. We are aggressively looking at several other projects with clients who need similar types of funding and anticipate announcing several more contracts like these in the next few weeks,'' stated Mario Pino.
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Mellon Research, Inc. Commences an Aggressive Market Awareness Campaign for Potential Clients and Investors
Thursday June 17, 9:00 am ET
SCOTTSDALE, Ariz., June 17, 2004 (PRIMEZONE) -- Mellon Research, Inc. (OTC BB:MLON.OB - News) announced today that it is utilizing interactive advertising methodologies to aggressively drive leads from client firms that need Mellon's comprehensive financial services and investors who may want to find out more information and/or be made aware of the company.
``We announced in early April of this year that we would begin to aggressively drive market awareness for our company with potential client firms and/or investors and the campaign that we are now launching is a follow on to this announcement -- we are now deploying the necessary tactical marketing processes to follow through with our commitments that we announced earlier,'' said Mario Pino, CEO of Mellon Research, Inc. ``These tactical processes include pay per click advertising to drive leads/inquiries to our web site, opt-in e-mail advertising and advertising via portals including MSN, CNN, Yahoo, AOL and others processes that will be announced at a later date.''
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Mellon Research Inc. Announces Great Opportunity with Company Well-Positioned for Growth
Tuesday June 22, 2:28 pm ET
SCOTTSDALE, Ariz., June 22, 2004 (PRIMEZONE) -- Mellon Research Inc. (OTC BB:MLON.OB - News), the market leader in boutique investment banking, provides consulting services to enable private companies to raise capital via: IPOs, Reverse Mergers, Bridge Capital and or other financial vehicles. The Company already has an established deal flow, is profitable and is growing fast. It is announcing two new revenue-producing deals this week: the Company originated a Standby Letter of Credit (SBLC) for $10M with one of the largest trading firms in Hong Kong and netted a broker's fee of $1.2M as a result; utilized its extensive global banking contacts to originate a bridge funding loan for $120M with one of the largest construction firms in Greece that is working on the upcoming Olympics -- this deal will generate a fee of $400K to $1.6M moving forward.
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Mellon Research, Inc. to Present at Series of Seminars in Major Market Segments in Europe
Thursday June 24, 9:30 am ET
SCOTTSDALE, Ariz., June 24, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) announced today that it has scheduled a series of presentations that will be jointly co-sponsored with several top tier big eight accounting firms throughout the major markets in the European Community during the months of July and August.
``We are partnering with several of the top tier 'big eight' accounting firms to make a series of presentations to potential client CEO's and or BOD members in Germany, Romania, England, Turkey, the Czech Republic and Spain during the months of July and August of this year,'' said Mario Pino, CEO of Mellon Research, Inc. ``We will be one of a small group of featured presenters who will be attending and contributing to a series of seminars to be held in multiple countries throughout the European Union. We will have the ability to leverage the market reach of several 'big eight' financial services firms to recruit senior executives from multi-national firms that have a need for our comprehensive services to attend these scheduled seminars. We are most confident that we will come away from these seminars with a minimum of 6-8 new client opportunities.
``We intend to replicate our seminar format to make a series of online presentations virtually utilizing a Web Ex Presentation Meeting Room that will be scheduled on a monthly basis starting in September of this year. We will utilize targeted e-mail and Pay per Click advertising to establish market presence and/or direct contact with potential CEO clients who will have the ability to attend a 'live' presentation via the web and a telephone. This will enable us to better leverage our time, minimize travel costs and enable us to make presentations to large groups of new clients.''
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Mellon Research, Inc. Finalizing Group of International Contracts
Friday June 25, 3:47 pm ET
SCOTTSDALE, Ariz., June 25, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) announced today that it is completing final due diligence and negotiations processes for new financial services clients in Turkey, China and Greece that should add significant revenue to the company's bottom line in the next ninety to 120 days.
``These deals have elongated business cycles, are very complex and require sophisticated due diligence processes for all parties involved in the back end financial transactions,'' said Mario Pino, CEO of Mellon Research, Inc. ``We've done a great deal of work on the front end to initiate discussions with these clients, define the parameters for the financial transaction, collateralize the funding with the proper type and amount of securities and then assist our partners in final due diligence. Also, each individual contract requires knowledge of and the ability to leverage country-specific financial rules and regulations and we have been patiently working through these issues to move the contracts forward to the next stage. We anticipate closing these deals within the next 90-120 days (third quarter) and at that time will be able to report the exact amounts of revenue that each of these deals will contribute to our bottom line.''
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Mellon Research, Inc. Finalizing Group of International Contracts
Monday June 28, 7:00 am ET
SCOTTSDALE, Ariz., June 28, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) announced today that it is completing final due diligence and negotiations processes for new financial services clients in Turkey, China and Greece that should add significant revenue to the company's bottom line in the next 90 to 120 days.
``These deals have elongated business cycles, are very complex and require sophisticated due diligence processes for all parties involved in the back-end financial transactions,'' said Mario Pino, CEO of Mellon Research, Inc. ``We've done a great deal of work on the front end to initiate discussions with these clients, define the parameters for the financial transaction, collateralize the funding with the proper type and amount of securities and then assist our partners in final due diligence. Also, each individual contract requires knowledge of and the ability to leverage country-specific financial rules and regulations and we have been patiently working through these issues to move the contracts forward to the next stage. We anticipate closing these deals within the next 90-120 days (third quarter) and at that time will be able to report the exact amounts of revenue that each of these deals will contribute to our bottom line.''
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Mellon Research, Inc. Finalizes Contract with Xiamen China Manufacturer
Tuesday June 29, 7:00 am ET
SCOTTSDALE, Ariz., June 29, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Other OTC:MLON.PK - News) announced today that it is has signed a contract with Kinghero Fashion (Xiamen) Company Limited., a privately held specialty manufacturer of men's apparel located in Xiamen China to take the company public via the US OTC markets within 4-6 weeks. Kinghero Fashion (Xiamen) Company Limited. is privately held, generating $3M in revenue per annum, with over 330 employees and it is currently exporting a men's apparel line to European and Russian consumers. Kinghero Fashion (Xiamen) Company Limited. intends to utilize the OTC markets to go public and raise $3-5M USD. which will be used to increase size of the company's manufacturing facilities, hire more employees and create and develop an aggressive marketing program to sell its clothing lines directly to North American consumers via the company's e-commerce enabled web site.
``This is a great deal for Mellon Research, Inc. and our client, Kinghero Fashion (Xiamen) Company Limited,'' said Mario Pino, CEO of Mellon Research, Inc. ``We intend to take Kinghero Fashion (Xiamen) Company Limited. public within the next 4-8 weeks via the OTC market and will also retain a 20% equity participation in the company as part of our contract. King Hero is well positioned for growth, they have 330 employees and were established in 1987 and most importantly, they have a strong referenceable base of consumers throughout Europe and Russian who have purchased their suits, jackets, bags and accessories. We intend to work closely with them after their public offering to help them develop an effective `go to market' marketing strategy which will enable them to penetrate the North American markets with their comprehensive clothing line of men's apparel products.''
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I feel that this new company is on the fast-track to success and for a minimal investment at the current price levels, terrific gains could be realized before the year is out. In fact, my opinion is that it could see original 0.04 price by early to mid-September, 2004. Could make for a nice year end wrap up. This is just my dogged opinion so do your own research.
http://quotes.barchart.com/quote.asp?sym=MLON
daclyyay[pb50!b20][vc60][iUb14!La12,26,9]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=MLON,uu[m,a]daclyyay[pb50! b20][vc60][iUb14!La12,26,9]&pref=G
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Due Da Due......But Be Quick About It!!!!!
DaDog
[This message has been edited by dardadog (edited July 04, 2004).]
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