Being very concerned I immediately Emailed (June 15th) Blue Diamond ventures.
5 minutes ago (Friday morning 11:30am 15JUNE2006), I got a call from (John) Quincey Moaning, CEO of Blue Diamond ventures. My Email must have got his attention....LOL .....this is verbal from a phone conversation I asked if I could mention his comments in 'a stocks message board'. He said yes'....
He said (paraphrasing) "those PR's are misleading. BLVD is moving forward with the Sugar Cane Processing (ethanol processing) facility at Libertad, Corozal. they have been negotiating directly with the company, Actually, they have been involved to one extent or another negotiating for 3 years. He said they got a little ahead of themselves in releasing the PR without consulting the Belize Govt.
the 2nd PR he said; (paraphrasing) "a European Co. seeing this Idea, was trying to hone in on it, last minute". He said "whether the Sugar Cane Factory deal at Libertad goes through or not, Blue Diamond will be processing Ethanol in Belize". He explained the subsidies and the WTO's involvement, basically coming down to 'sugar cane subsidies are being cut and that whole region of the world needs to either re-tool for Ethanol, or something else by 2008, or there will be big economic troubles'.
Here is the most important part of our telecon:
He told me; "Blue Diamond will be releasing PR's in the next few weeks to dispel the negative PR's above, and explain there position"
IMO...this is a HOLD. always has been. I like the forward thinking, the Ethanol, goat meat mix :) I am in for the long haul.
Folks..... I absolutely had this phone call with CEO (John) Quincey Moaning 16 June 2006 * 11:30am I am not trying to pump this nor mislead anyone. I am just very glad he answered my concerns personally, and a little impressed. What I have posted here is my interpretation of what he told me....(you know, when you start getting questioned you realize how much of what we say is assumed, and individual interpretation) I can say that Mr. Moaning was forthright, anxious to dispel what he believed to be misleading information, and was very frank and honest about where Blue Diamond is, and going. Also, very honestly acknowledging the aspect of 'human nature' that is involved with any level of business transaction.
we all wish it was like clock-work, a machine that can be programed, but that's not reality
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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Sorry...I knew that. I was stretching the 'PR theme to post those negative PR's and then give some info about them..........
Again, my nature to "want to be involved"...I always needed to learn when to keep my mouth shut, now I need to learn to keep my mouse shut.................LOL
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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Yeah, try to follow the guidelines. Just the PR is enough-if someone reading the PR's like it, they will find the thread for that stock.
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don't know if this has been out here or not. I know the headline has a a news blurb
Xechem International (XKEM) Receives Orphan Drug Designation From The FDA For Its Anti-Sickling Drug 5-HMF NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--June 6, 2006--Xechem International, Inc. (OTC BB: XKEM - News) Xechem International announced today that it has received Orphan Drug designation from the U.S. Food and Drug Administration (FDA), Office of Orphan Drug Products Development, for the five-membered heterocyclic anti-sickling compound known as 5-HMF for the treatment of patients suffering from sickle cell disease (SCD).
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Profertil and Argentine Government Reach Agreement on Support for Argentine Growers CALGARY, ALBERTA -- (MARKET WIRE) -- 06/17/2006 -- ALL AMOUNTS ARE STATED IN U.S.$
Agrium Inc. (TSX: AGU) (NYSE: AGU) announced today that Profertil S.A. and the Argentine Government have reached an agreement on short-term support measures for Argentine growers. These measures include establishing a ceiling for the urea price to growers of $300 per tonne for the second half of 2006, to provide improved input cost predictability for growers. This decision is not expected to have a material impact on Agrium's 2006 financial results.
The agreement is expected to support increased fertilizer use and grain production during the upcoming planting season and is part of the Argentine Government's broader cost control economic program.
Profertil S.A. is 50 percent owned by Agrium Inc. and is an Argentine based manufacturer and wholsesale distributor of nitrogen products.
About Agrium
Agrium Inc. is a leading global producer and marketer of agricultural nutrients and industrial products and a major retail supplier of agricultural products and services in both North and South America. Agrium produces and markets three primary groups of nutrients: nitrogen, phosphate and potash as well as controlled release fertilizers and micronutrients. Agrium's strategy is to grow through incremental expansion of its existing operations and acquisitions as well as the development, commercialization and marketing of new products and international opportunities.
Certain statements in this press release constitute forward- looking statements. Such forward-looking statements involve known and unknown risks and uncertainties as well as various assumptions and business sensitivities, including those referred to in the management discussion and analysis section of the Corporation's most recent Annual Report to shareholders as well as those risk factors described in the Corporation's most recent Annual Information Form, which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Other factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, weather conditions, future global and South American demand, supply and price conditions for nitrogen fertilizer, potential future changes to government policies, future fertilizer inventory levels. Agrium disclaims any intention or obligation to update or revise any forward-looking information as a result of new information or future events.
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Awarded 13th Place in PROFIT 100 Ranking of Canada's Fastest Growing Companies TORONTO, ONTARIO -- (MARKET WIRE) -- 06/16/2006 -- Electrovaya Inc. (TSX: EFL), a provider of portable power solutions, has placed 13th in the 18th annual PROFIT 100 ranking of Canada's Fastest-Growing Companies by PROFIT: Your Guide to Business Success. The PROFIT 100 profiles the country's most successful growth companies, based on five-year revenue growth.
Ian Portsmouth, editor of PROFIT said, "By differentiating their products and applying creative management thinking, Canada's Fastest-Growing Companies are outpacing the competition at home and abroad."
Products featuring Electrovaya's proprietary Lithium-Ion battery include the Scribbler SC3000 Tablet PC series (featuring a 75Wh battery), and the external PowerPad battery series, which deliver up to 10 times more runtime (with a 300Wh battery) for notebooks and Tablets.
About PROFIT Magazine
PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada's growing companies. Each year PROFIT-which currently reaches 373,000 readers nationally-hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to
entrepreneurs. Visit PROFITguide.com.
About Electrovaya Inc.
Electrovaya (TSX: EFL) is a developer and manufacturer of portable power solutions with its proprietary Lithium Ion SuperPolymer® battery technology. Its goal is to become the preferred provider of tablet PCs, portable power for aerospace and wireless sectors, and the developer of alternative energy applications including UPS, stand-by power, plug-in hybrids and zero-emission vehicles. The Company's shares trade on the Toronto Stock Exchange under the symbol EFL.
For more information about the Company and its products, please visit www.electrovaya.com.
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Is anyone paying attention to what the thread is? It's PR for Monday that means from after hours friday thru monday.
imakmony2005 thanks for the PR for stocks trading at 22.09 and 13.30 that's great for the Micro Penny Stocks, Penny Stocks Under $0.10 board
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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COSTA MESA, Calif., Jun 19, 2006 (BUSINESS WIRE) -- Synthetic Blood International, Inc. (OTCBB:SYBD) today announced execution of a letter of intent with an official from the Mexican government Institute of Social Security (IMMS) confirming its agreement in principle to conduct a clinical study in cardiopulmonary bypass surgical procedures with Oxycyte(TM) to support market approval in Mexico. Oxycyte(TM) is Synthetic Blood's proprietary perfluorocarbon (PFC) therapeutic oxygen carrier and blood substitute.
This agreement calls for Synthetic Blood to work with the IMMS, through a Mexican partner, in conducting a 50-patient cardiopulmonary bypass surgery registration trial, including providing Oxycyte and overseeing a U.S. clinical research organization that will monitor the study. The IMMS will oversee the clinical study and prepare the required documentation for the application submission to the Mexican Ministry of Health. The IMMS has also indicated interest in exploring Oxycyte applications in additional medical procedures, including trauma and ischemia. Synthetic Blood is responsible for obtaining funding for the trial. No sources of funding have been identified yet.
The Mexican government requires that non-Mexican based companies establish a partnership with a Mexican entity to conduct clinical trials and obtain product approval in Mexico. Synthetic Blood has identified a potential Mexican partner to obtain approval and distribute Oxycyte for use in cardiopulmonary bypass surgery in Mexico.
"We are honored to have reached this agreement with the IMMS, which is recognized as Mexico's best public health services provider. IMMS is a leader in that country's medical research and the largest national institution for training and educating physicians," said Robert W. Nicora, Synthetic Blood President and CEO. "This clinical trial will be the first Oxycyte study in cardiopulmonary bypass surgery patients."
A first-generation PFC blood substitute manufactured in Russia, Perftoran, is currently approved for use in Mexico. Synthetic Blood believes that its third-generation PFC Oxycyte offers significant advantages over Perftoran, including superior safety, oxygen delivery and efficacy. The Company is reviewing key elements of the Perftoran cardiopulmonary bypass protocol in developing its protocol for the planned Oxycyte study. Synthetic Blood may also request input from the U.S. Food and Drug Administration (FDA) prior to protocol submission to the IMMS.
The Oxycyte trial in cardiopulmonary bypass surgical procedures is expected to be conducted at two large hospitals in Mexico City. Clinical endpoints for this trial will include safety, oxygen delivery, maintenance of good hemodynamics and avoidance of packed red cell administration.
"Obtaining market approval in Mexico could open significant commercial opportunities for Oxycyte in the future," Mr. Nicora added. "Approval in Mexico could also serve as the basis for Oxycyte registration in other Central and South American countries without the need for additional clinical trials."
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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MEXICO CITY -- (MARKET WIRE) -- 06/19/06 -- PayChest, Inc. (PINKSHEETS: PYCT) announced that they acquired a 7 mile gas gathering line in western Kentucky located over 2000 acres along with two existing gas wells that have produced 50,000 cubic feet of gas per day, should make the company $20,000 per month; plus the company can drill up to 20-50 more wells on site considered another great move for the company. The company is anticipating the natural gas market will continue to remain strong as all the indications from the Department of Energy in Washington and President Bush have recently stated. The price of high energy is here to stay and now is the time to be very active in acquiring additional energy companies and their oil and gas reserves. Therefore CEO Alex Cerda is accelerating the company's efforts to start a drilling program to develop its recent acquisitions and tap into the huge oil and gas reserves the company now controls. Paychest, Inc. will continue to add to its portfolio of energy companies and develop its reserves in its effort to increase the cash flow into the company and reward all the shareholders that have invested in the company.
About PayChest, Inc.
Founded in 2005, PayChest, Inc. has developed a proprietary and secure back end payment processing system that can easily be accessed and utilized by anyone with web access and an e-mail address in any country around the world. PayChest, Inc. has developed a processing system that leverages the existing financial infrastructure of the global banking community and/or credit card companies to enable consumers and business owners located in every corner of the world to securely send, receive and/or process payments with others via the company's Web site. The company's payment processing system operates in real time and incorporates a user interface that is designed to be convenient for any user and does not require any technical know-how to send and receive payments. For more information please contact Alejandro Cerda, CEO, Gavillero 32, Residencial Coapa, Tlalpan, 14390, Mexico D.F., Mexico Phone: +(5255) 5574.4454, e-mail: alexcerda*yahoo.com, lexcerur**********
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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NORFOLK, Va., Jun 19, 2006 (BUSINESS WIRE) -- Preservation Sciences, Inc. (Pink Sheets:PSVI), a company that develops and manufactures industrial coatings and preservative technologies, presented a technical white paper on Flash OFF at MegaRust 2006 in Norfolk, Virginia last week. Flash OFF is a patented product developed by Preservation Sciences to take advantage of the trends toward more effective, easier to use products to fight corrosion.
Mr. Emery Ellinger, Chief Operating Officer of Preservation Sciences, Inc., presented the results from Corrpro Companies, Inc. on testing completed for the United States Navy on Flash OFF used in conjunction with Sherwin-Williams coatings. The completion of the non-skid coatings shows that Flash OFF did not affect the adhesion of Sherwin-Williams non-skid coatings.
Mr. Ellinger's technical presentation started by addressing the problems and costs of surface preparation in the marine and shipyard industry. Until recently, the industry has traditionally used grit blasting to remove paint and coatings. "Hydro-blasting," which uses high pressure water to remove coatings, is emerging as a newer technology in many of the shipyards. However, flash rust is inherent with most hydro-blasting.
Furthermore, the presentation also highlighted why traditional rust inhibitors have not adequately worked because they affect the adhesion of the coatings. Most inhibitors use nitrites, nitrates and amine-based systems. Many of these inhibitors are film forming agents which therefore affect the adhesion of coatings.
The presentation illustrated the performance of the Flash OFF product versus the competitive products, and it also specified the cost advantage of using Flash OFF due to the efficiencies of application over competitive systems. The U.S. Navy and other commercial users demand performance as well as a financial justification for the use of such products.
MegaRust 2006, Marine Coatings and Corrosion Conference brings together many segments of the marine industry: commercial, government, military, shipyards, offshore and coatings manufacturers. MegaRust 2006 combines six forums:
National Surface Treatment Center's Rust Conference Commander Fleet Forces Command's Fleet Corrosion Control Forum National Shipbuilding Research Program SP-3 Meeting Submarine Preservation Conference Navy Shipyard & Intermediate Maintenance Facility's Coating Group U.S. Coast Guard's Coatings & Corrosion Control Tiger Team Meeting
The MegaRust symposium provided a valuable entree into the marine marketplace because of the key decision makers from the marine, offshore and U.S. Navy attending this show.
About Preservation Sciences, Inc.
Preservation Sciences, Inc. is a company that researches, manufactures and markets preservative products for the food, beverage and industrial markets. More information about Preservation Sciences is available on the Company's Web site at http://www.preservationsciences.com.
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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HOUSTON, Jun 19, 2006 (BUSINESS WIRE) -- Positron Corporation (OTCBB:POSC) (the "Company"), a developer and manufacturer of positron emission tomography (PET) medical devices and a leader in cardiac PET, announced today that the Company has completed the acquisition of IS2 Medical Systems, Inc. ("IS2") a leading developer and manufacturer of nuclear imaging devices based in Ottawa, Ontario, Canada.
IS2's signature product is its PulseCDC(TM) compact digital cardiac camera which provides the best quality images at the lowest price in the industry. The scientific team responsible for the design and continued innovation of the company's world-class cameras comprise more than 125 years of expertise in nuclear medicine, physics, mathematics and engineering.
Through a majority-owned subsidiary, Imaging PET Technologies, Inc. (IPT), formed in joint venture with Quantum Molecular Pharmaceuticals Inc., a Canadian radiopharmaceutical company, the Company acquired all of IS2's operating assets in a transaction negotiated with IS2's secured debtholders.
The Company's investment in IS2 is the first transaction from proceeds of its recent financing that is dedicated for the expansion of its cardiac camera and clinic businesses. The acquisition adds immediate value to Positron as a technological leader in nuclear medicine devices. Positron will benefit from IS2's top tier technical resources, marketing expertise and credibility in the nuclear medicine marketplace.
Joseph Oliverio, President of Positron Corporation stated, "In addition to IS2's well-established market traction and quality product, the excellence of IS2 comes from the depth of the team which has an optimal mix of clinical, technical and business expertise. Positron and IS2 will integrate select resources and expertise that both companies possess that will mutually benefit in increased sales, greater software development capabilities, more efficient and effective marketing and R&D budget and to the ability to meet the production timelines that both companies sales cycle demands. We are ideally positioned to execute our business plan and take a leadership role in nuclear medicine."
"This transaction will be a catalyst for continued sales growth while also allowing synergies from sister companies to contribute toward the develop of new technologies in PET, cardiac and general purpose imaging as well as the development of specialized technologies including breast, brain, and prostate imaging," commented Steve Horvath, President of IS2.
About Positron:
Positron Corporation designs, manufactures, markets and supports advanced medical imaging devices utilizing positron emission tomography (PET) technology under the trade name POSICAM(TM) systems. POSICAM(TM) systems incorporate patented and proprietary software and technology for the diagnosis and treatment of patients in the areas of cardiology, oncology and neurology. Positron Corporation offers unique combination of low cost technology and disease specific software solutions differentiating themselves from all other medical device manufacturers. POSICAM(TM) systems are in use at leading medical facilities, including the Weatherhead PET center at the University of Texas Health Science Center in Houston, Texas; The Heart Center of Niagara in Niagara Falls, New York; Beth Israel Medical Center, New York; Emory Crawford Long Hospital Carlyle Fraser Heart Center in Atlanta, Georgia; and Nishidai Clinic (Diagnostic Imaging Center) in Tokyo, Japan. Additional information may be found at www.positron.com.
About IS2 Medical Systems, Inc.:
IS2 Medical develops, builds and services gamma cameras that offer clinical users some of the best performance specifications in the industry, at reasonable and competitive prices. Revenue growth has been double digit for multiple years, largely as a result of the PULSECDC, a small-footprint cardiac camera ideal for clinics. Over 150 cameras have been sold in the U.S., Canada, Europe, Asia and other world markets. For more information, visit: www.is2medical.com
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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NEW YORK, Jun 19, 2006 (BUSINESS WIRE) -- Imagin Molecular Corporation (OTCBB:IMGM) announced today that Imagin Nuclear Partners (INP) a wholly owned subsidiary of Imagin Molecular Corporation has received regulatory approval to bill Medicare and Medicaid for PET imaging services. This approval allows INP to image and service patients under Medicare and Medicaid programs at its affiliate site operating at Beth Israel Medical Center on Manhattan's lower east side.
Joseph Oliverio, Chief Executive Officer stated that, "The notification of regulatory approval allows us to expand our target markets and offer our services through Beth Israel Medical Center to the more than 3,000,000 Medicare and Medicaid patients in and around New York City. This is a significant step towards mass acceptance to our business plan and methodology. We have had great success through our physician affiliates working with government and private insurers in demonstrating that PET, as a first line test, saves money with better patient care and results compared to that of traditional coronary disease detection algorithms. We expect to duplicate our cost savings and patient outcome methodology in New York City which will allow us to compete for self-insured corporations and union contracts."
About Imagin Molecular Corporation:
Imagin Molecular Corporation strategy and focus is dedicated to business opportunities in positron emission tomography (PET) manufacturing and the diagnosis of cancer, heart disease and neurological diseases. PET is an advanced medical diagnostic imaging procedure used by physicians in the detection of certain cancers, coronary disease and neurological disorders including Alzheimer's disease. Imagin Molecular Corporation has positioned the Company to be a factor in PET and ancillary molecular imaging businesses. Imagin Molecular Corporation is also the Parent of Cipher Multimedia a new Media Marketing and Distribution Solution Company that provides a Distribution Solution for publishers of digital content. Cipher Multimedia will develop marketing campaigns that will assist Imagin, Positron Corporation and other companies market their products and will continue to provide publishers a distribution solution for digital content.
About Imagin Nuclear Partners
Imagin Nuclear Partners, a wholly owned subsidiary of Imagin Molecular Corporation, is a full-service joint venture molecular imaging partner that will own, operate and administer out-patient medical diagnostic imaging centers that utilizes PET and PET/CT scanning equipment. Imagin Nuclear Partners specializes in using evidence based bioinformatics specifically positioned in the market to provide the maximal cost effective benefit to their joint venture partner and the community.
For further information please contact Joseph Oliverio at Imagin Molecular Corporation at 630 371 5583
SOURCE: Imagin Molecular Corporation
Imagin Molecular Corporation Joseph Oliverio, 630-371-5583
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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ReceptoPharm Signs Letter of Intent to Be Aquired by Nutra Pharma Corporation
Monday , June 19, 2006 09:00 ET
BOCA RATON, Fla., Jun 19, 2006 (BUSINESS WIRE) -- Nutra Pharma Corp., (OTCBB: NPHC) a biotechnology company that is developing drugs for HIV and Multiple Sclerosis has announced that ReceptoPharm has signed a letter of intent to be fully acquired by Nutra Pharma Corp.
"We are excited about becoming a part of the Nutra Pharma family," commented Dr. Paul Reid, CEO of ReceptoPharm. "This merger will provide us with the resources needed to complete our various clinical trials in Multiple Sclerosis (MS), HIV, and Adrenomyeloneuropathy (AMN)," he concluded.
Currently Nutra Pharma owns 38.1% of ReceptoPharm. The merger will provide Nutra Pharma with 100% of the outstanding ReceptoPharm stock and complete ownership of the ReceptoPharm intellectual property. In return, ReceptoPharm will initially receive 14 million shares of Nutra Pharma's common stock, with additional shares to be issued upon successful completion of certain performance milestones.
"The ReceptoPharm merger is important for the continued growth of the drug discovery arm of Nutra Pharma," explained Rik J. Deitsch, Chairman and CEO of Nutra Pharma Corporation. "ReceptoPharm is developing drugs that have potential markets in excess of $25 billion. The Company has successfully completed initial preclinical trials and we hope to see continued success through Phase II human trials. We have and will continue to work closely with ReceptoPharm to help bring these drugs to market," he added.
ReceptoPharm is currently studying RPI-MN as a treatment for HIV and RPI-78M as a treatment for Multiple Sclerosis (MS), and Adrenomyeloneuropathy (AMN). They recently announced their approval by the British Medicines and Healthcare Regulatory Agency to begin Phase II human trials for the treatment of AMN.
About Nutra Pharma Corp.
Nutra Pharma Corp. is a biopharmaceutical company specializing in the acquisition, licensing and commercialization of pharmaceutical products and technologies for the management of neurological disorders, cancer, autoimmune and infectious diseases. Nutra Pharma Corp. through its subsidiaries carries out basic drug discovery research and clinical development and also seeks strategic licensing partnerships to reduce the risks associated with the drug development process. The Company's holding, ReceptoPharm, Inc, is developing technologies for the production of drugs for HIV and Multiple Sclerosis ("MS"). The Company's subsidiary, Designer Diagnostics is engaged in the research and development of diagnostic test kits designed to be used for the rapid identification of infectious diseases such as Tuberculosis (TB) and Mycobacterium avium-intracellulare (MAI). Recently, Designer Diagnostics signed a letter of intent to supply the World Health Organization with Tuberculosis test kits. Nutra Pharma continues to identify and acquire intellectual property and companies in the biotechnology arena.
SkyBridge Technology Group, Inc. (OTC:SBTG) Board of Directors has announced today that its wholly owned subsidiary, Sierra Pacific Aviation, Inc. begins training utilizing the latest in FAA training standards.
Sierra Pacific Aviation, Inc., begins training utilizing the latest in FAA training standards. Designed to exceed the old "stick and rudder" training, the FAA/Industry Training Standards (FITS) were developed as a partnership between the FAA and some of the most prestigious aviation universities and training course developers. "While the old school methods are still being practiced at most flight schools, Sierra Pacific is taking a bold step forward," says Brent Neville, President of Sierra Pacific Aviation, Inc. "Few people within the industry are aware of the FITS program, and fewer are implementing the programs even though these methods have been proven in airline and academic training," Neville continued.
The FITS program utilizes simulation and scenario based training methods that engage the student pilot from the start with the key aeronautical decision making skills need to be a safe and confident pilot. Older training techniques focused simply on task mastery, whereas FITS brings the full picture into view from start to completion. Utilizing FITS accepted curriculum, Sierra Pacific will provide a unique and more comprehensive training program that will rival the best the industry offers.
About Sierra Pacific Aviation, Inc.
Sierra Pacific Aviation is a Service Company that offers Advanced Flight Training, Aircraft Brokerage, Consulting to the Aircraft Industry, and counseling and placement services. The Aviation Service Industry is a niche market that the Company believes will allow for continued growth and profitability.
About SkyBridge Technology Group, Inc
SkyBridge Technology Group, Inc. has re-organized its business model and is currently looking for additional acquisitions in the Aviation and Telecom/Wireless Fields. The company website offers additional information: www.sbtginc.com.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
SOURCE: SkyBridge Technology Group, Inc.
SkyBridge Technology Group, Inc. (Formerly SkyBridge Wireless Inc.), Las Vegas James Wheeler, 702-897-8704 http://www.sbtginc.com info*sbtginc.com investor*sbtginc.com or Sierra Pacific Aviation http://www.sierrapacificaviation.com Copyright Business Wire 2006
Posts: 5 | From: SW Florida | Registered: May 2006
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ActiveCore Provides Shareholders With Update on ePocket Monday June 19, 7:00 am ET
TORONTO--(BUSINESS WIRE)--June 19, 2006--ActiveCore Technologies, Inc. (OTCBB:ATVE - News), a Company that operates a group of subsidiaries and divisions in the US and Canada, is pleased to provide shareholders with an update regarding the acquisition of Global Sterling Payments Systems Limited (''GSPS''), the parent company of ePocket, which outlines the latest developments and future prospects of the Company.
Tower Group
In 2005, Tower Group, PLC, an investment group based in the United Kingdom agreed to provide financing to GSPS to facilitate the development and commercialization of ePocket. Tower Group is in the process of finalizing the insurance wrapper for LLP3, LLP5 and LLP6 and once this insurance is in place funds from these LLP's will begin to flow to GSPS. The Tower Group has been apprised of ActiveCore's intention to acquire GSPS and has assured ActiveCore that they are supportive of this transaction.
Peter Hamilton, Chief Executive Officer of ActiveCore, stated, "We have had the opportunity to discuss our vision and strategic direction at length with Tower Group, and have received their approval to proceed with the acquisition of GSPS. Tower Group principals have stated in no uncertain terms that they remain committed to the ePocket initiative and believe that the combination of ActiveCore and GSPS will accelerate the commercialization of the ePocket digital coin technology."
Financing
In order to complete the proposed acquisition of all the issued and outstanding shares of GSPS and facilitate the capitalization required to successfully operate on a world-class level, ActiveCore has retained the services of several investment bankers and brokers to complete the raise of an additional 30-40 Million USD.
Link Resource Partners, a Toronto based Investment group, will be spearheading this effort on behalf of ActiveCore Link Resource Partners recently raised 1 Million as part of their short term commitment. Link Resource Partners will be working closely with a number of Toronto, London and New York based brokers to complete this financing.
It is the consortiums intention to raise the first 10 million USD as a private placement within the next sixty to ninety days. The balance of the funds would be raised in a public offering to be completed by January 2007. ActiveCore currently has a team on the ground in London including the companies CFO Mr. Efrem Ainsley.
Broaden Market Exposure
Upon the completion of the GSPS acquisition, ActiveCore intends to seek a dual listing on the AIIM exchange in London. The move on to the AIIM exchange would greatly broaden ActiveCore's market exposure and help attract a broader base of investors to the Company.
Mr. Hamilton stated, "The electronic payment space has evolved more quickly in Europe and is more readily accepted as an alternative legitimate form of payment. As such, an AIIM listing would help attract new shareholders to a technology they are much more comfortable and familiar with. Historically AIIM has been a preferred and successful exchange for technology centric and more specifically payment related organizations."
This press release is available on the company's official online investor relation's site for investor commentary, feedback and questions. Investors are asked to visit ActiveCore IR Hub located at http://www.Agoracom.com/IR/ActiveCore.
About ActiveCore Technologies, Inc.
(http://www.ActiveCore.com)
ActiveCore Technologies, Inc., operates a group of subsidiaries and divisions in the U.S., and Canada that offer a Smart Enterprise Suite of products and services. We integrate, enable, and extend functions performed by current and legacy IT systems. Our products encompass web portals, enterprise middleware, mobile data access, data management and system migration applications. The Systems Integration & Modernization Division of ActiveCore operates under the trade names of CRATOS and MDI Solutions. The Corporate Disclosure and Messaging Division of ActiveCore operates under the trade names C Comm Network Corporation, DisclosurePlus and ActiveCast. ActiveCore services clients in health care, financial services, government and manufacturing worldwide.
About ePocket Inc.
(http://www.ePocket.com)
ePocket brings true electronic cash to the world for the first time, making purchases over the Internet as secure and simple as handing cash to a clerk in a store. ePocket enables banks to provide their customers with the ability to withdraw electronic cash in any currency from their regular deposit accounts, and send this electronic cash to merchants or other consumers in order to make payments. Cash created electronically is just like cash, except there are no coins, bills, or plastic cards -- it is entirely electronic. Just like cash, electronic cash does not require the identification of a payer. This provides privacy for consumers, and eliminates fraud and identity theft, making ePocket the most cost-effective payment solution for Internet commerce. ePocket payments cost merchants less than any other payment technologies. Their extraordinary cost effectiveness enables merchants to profitably accept very small payments of just one or two dollars. In contrast to other payment schemes, consumers do not have to open additional accounts with a payment intermediary. Consumers do not have to give up any identity or credit information in order to accomplish a payment. This makes ePocket payments completely secure and provides complete privacy for consumers.
-------------------- Work Hard / Play Hard Posts: 42 | From: NB Can | Registered: Jun 2006
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FSBO Media Holdings Enters Into a Definitive Agreement to Acquire Dynamic Software Development, Technology and Hosting Company Delivers Video Delivery Platforms to Virgin Mobile, USA Today, Comcast, Wrigleys, Bosch, and Many Other Clients Worldwide!
CORAL SPRINGS, FL -- (MARKET WIRE) -- 06/19/06 -- FSBO Media Holdings, Inc. (PINKSHEETS: FSMH) announced today that it has entered a definitive agreement to acquire privately held Florida-based RelaxRelax Inc., a leading provider of media delivery systems, technology and hosting.
Through its developer website http://www.flvhosting.com, Relax Relax Inc. has provided video delivery platforms and hosting to companies such as Virgin Mobile, USA Today, Comcast, Wrigleys, Bosch and others through clients such as LiquidusMarketing.com and IcgroupInc.com. Clients using the company's proprietary media delivery applications utilize administration of high quality video compression and playback for use in commercials, infomercials, promotions, and online pay per view movie playback. Relax Relax Inc. has several hundred clients in over 20 countries worldwide.
Steve Bazsuly, FSBO Media Holdings Chairman, said, "This acquisition brings revenue streams and strengthens our foundation through the core technologies of RelaxRelax, Inc., thus enhancing our overall internet businesses. Moreover, the creative talents of founders Paul Vizard and Cort Stull joining the FSBO team brings years of experience in streaming video production and programming. The intellectual firepower and talent this acquisition provides fits right into the FSBO WebTV plan of closing the gap between Internet and television quality production." http://www.fsbomediaholdings.com
FSBO Media Holdings excels in web development and media strategy, online-offline promotions, partnership marketing, and branding/identity. FSMH utilizes conventional forms of media advertisement such as internet, TV, print and radio. Other service providers will be able to advertise services and products through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses related to the real estate industry as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items; FSBO Financial Network by which the Video-Spectus http://www.videospectus.com is produced and sold; FSBO Mortgage; FSBO Title; and FSBO flat fee home listing and marketing services
FSBO WebTV'S primary video programming is directed towards the For Sale By Owner real estate marketing and listing business. FSBO is modeling its services after the discount stock brokerage businesses that revolutionized their industry such as Scottrade, E-Trade and other popular consumer accepted brokerage services that have provided the "Self Help Directed" methods of buying, selling and making investment decisions on their own without paying high commissions. http://www.fsbowebtv.com
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 FSBO Media Holdings, 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: FSBO Media Holdings Inc. Marlene Shim Public Relations marlene*fsbowebtv.com 866-453-FSBO (3726)
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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FSBO Media Holdings Enters Into a Definitive Agreement to Acquire Dynamic Software Development, Technology and Hosting Company
Internet Wire via COMTEX
Jun 19, 2006 9:50:02 AM
Company Delivers Video Delivery Platforms to Virgin Mobile, USA Today, Comcast, Wrigleys, Bosch, and Many Other Clients Worldwide!
CORAL SPRINGS, FL, Jun 19, 2006 (MARKET WIRE via COMTEX News Network) --
FSBO Media Holdings, Inc. (PINKSHEETS: FSMH) announced today that it has entered a definitive agreement to acquire privately held Florida-based RelaxRelax Inc., a leading provider of media delivery systems, technology and hosting.
Through its developer website www.flvhosting.com, Relax Relax Inc. has provided video delivery platforms and hosting to companies such as Virgin Mobile, USA Today, Comcast, Wrigleys, Bosch and others through clients such as LiquidusMarketing.com and IcgroupInc.com. Clients using the company's proprietary media delivery applications utilize administration of high quality video compression and playback for use in commercials, infomercials, promotions, and online pay per view movie playback. Relax Relax Inc. has several hundred clients in over 20 countries worldwide.
Steve Bazsuly, FSBO Media Holdings Chairman, said, "This acquisition brings revenue streams and strengthens our foundation through the core technologies of RelaxRelax, Inc., thus enhancing our overall internet businesses. Moreover, the creative talents of founders Paul Vizard and Cort Stull joining the FSBO team brings years of experience in streaming video production and programming. The intellectual firepower and talent this acquisition provides fits right into the FSBO WebTV plan of closing the gap between Internet and television quality production." www.fsbomediaholdings.com
FSBO Media Holdings excels in web development and media strategy, online-offline promotions, partnership marketing, and branding/identity. FSMH utilizes conventional forms of media advertisement such as internet, TV, print and radio. Other service providers will be able to advertise services and products through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses related to the real estate industry as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items; FSBO Financial Network by which the Video-Spectus www.videospectus.com is produced and sold; FSBO Mortgage; FSBO Title; and FSBO flat fee home listing and marketing services
FSBO WebTV'S primary video programming is directed towards the For Sale By Owner real estate marketing and listing business. FSBO is modeling its services after the discount stock brokerage businesses that revolutionized their industry such as Scottrade, E-Trade and other popular consumer accepted brokerage services that have provided the "Self Help Directed" methods of buying, selling and making investment decisions on their own without paying high commissions. www.fsbowebtv.com
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 FSBO Media Holdings, 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: FSBO Media Holdings Inc. Marlene Shim Public Relations marlene*fsbowebtv.com 866-453-FSBO (3726)
SOURCE: FSBO Media Holdings, Inc.
mailto:marlene*fsbowebtv.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Providential Holdings Receives a $5.5 Million Financing Commitment for Acquisition of Western Medical, Inc. Assets Business Wire - June 19, 2006 09:23
HUNTINGTON BEACH, Calif., Jun 19, 2006 (BUSINESS WIRE) -- Providential Holdings Inc. (OTCBB:PRVH) (Berlin Stock Exchange and Frankfurt Stock Exchange:PR7 - WKN 935160) (www.phiglobal.com) today announced that the Company has received a financing commitment for a total of $5.5 million from Northern Healthcare Capital, LLC (www.nhcapital.com), including a $2.5 million revolving working capital line that may be increased to accommodate future sales growth, for the acquisition of key assets of Western Medical, Inc., an Arizona corporation engaged in the business of selling durable medical equipment and providing related services, with headquarters in Phoenix, Arizona.
According to the asset purchase agreement previously executed by Western Medical and Providential Holdings, the Company will purchase key assets, valued at approximately $US 15 million, of Western Medical, Inc. for $US 5.25 million in cash. Western Medical has filed a Chapter 11 Petition and currently awaits the decision of the Bankruptcy Court which may assert and approve higher and better bids.
The closing of this transaction is subject to the approval of the Bankruptcy Court and other conditions as described in the asset purchase agreement; and is expected to occur on an agreed-upon date no later than 10 business days following entry of a final Sale Order by the Bankruptcy Court.
Robert Buceta, corporate strategist of Providential Holdings, Inc., commented: "We are pleased to announce the financing commitment from Northern Healthcare Capital, LLC for this transaction and believe the consummation of this acquisition will greatly benefit all pertinent stakeholders, including Northern Healthcare Capital and Providential Holdings shareholders, in the very near future."
About Providential Holdings, Inc.
Providential Holdings is a diversified holding company primarily engaged in mergers and acquisitions and independent energy business. The Company acquires and consolidates special opportunities in selective industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
SOURCE: Providential Holdings Inc.
Providential Holdings Inc. Robert Buceta, 714-843-5450 www.phiglobal.com
Copyright Business Wire 2006
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First Guardian Financial Corporation Completes Reduction of Authorized Shares and Finalizes Buyback Plan 9:58 AM EDT June 19, 2006 First Guardian Financial Corporation (Pink Sheets: FGFC) today reported that the company as previously announced has completed the reduction of its authorized shares to 200 million total. The Board of Directors has also approved a buyback plan for its outstanding common shares.
The reduction of the company's authorized shares to 200 million total now brings the capitalization of the company to 116,250,132 shares restricted and in management's control and 81,931,116 outstanding and in the public's hands (float) for a total of 198,182,048 shares. "The company has reduced within the last thirty days or so the authorized capitalization from 520 million shares down to 200 million shares now, and we are reviewing ways to further reduce the company's authorized shares," said Abraham Rosenman, President.
The Board of Directors has approved management's buyback plan and budget; it is the company will buyback up to 50 million shares at a maximum price of 0.06 per share for a budgeted commitment of $300,000.00, thus reducing the company's capitalization to 150 million shares. "We are committed to the least amount of available shares available thus enhancing the value of our company," said a member of the Board of Directors.
"The company is fully determined to have as little as necessary of its stock available as possible; we are intent on increasing shareholder value while building our company, as you all can see we are very aggressive in our plan going forward, and it is about to get even more aggressive as we position our company to advance to the OTCBB," stated Abraham Rosenman President of First Guardian Financial Corporation.
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
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.
IRVING, Texas--(BUSINESS WIRE)--June 19, 2006-- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), an independent oil and gas company, announced today that the company has agreed to sell 11 million shares of its common stock to Energy Source Private Equities Fund from Toronto, Canada and TJ Management Group with offices in Texas, New York, California, at an average 10 cents per share for a total of $500,000. Both companies are Institutional Investors on the Energy sector, which is a positive opportunity for Pilgrim Petroleum to qualify additional large Investment Institutions once it begins fully reporting. Rafael Pinedo, Pilgrim Petroleum President and CEO said, "Great value and confidence bring Institutional Investors to any public corporation, we are pleased to have these groups on board."
About Pilgrim Petroleum Corporation
Pilgrim Petroleum Corporation is a publicly traded company (PGPM). Pilgrim Petroleum Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES INDUSTRY KEYWORD: ENERGY OIL/GAS CONTRACT/AGREEMENT PRODUCT/SERVICE SOURCE: Pilgrim Petroleum Corporation
CONTACT INFORMATION: Pilgrim Petroleum Corporation Eddie Monet, 619-864-0166 www.apetroleum.comPosts: 957 | From: grand rapids, MI | Registered: Feb 2006
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Kerry Associates, Inc. Receives Joint Venture Proposal from Energ save Ltd. on behalf of Amelot Holdings, Inc. Kerry Associates, Inc. Receives Joint Venture Proposal from Energysave Ltd. on b half of Amelot Holdings, Inc.
Business Editors / Energy Editors
BOSTON--(BUSINESS WIRE)--June 19, 2006-- Kerry Associates, Inc. announces that the company has received a Joint Venture proposal from Energysave Ltd. on behalf of Amelot Holdings, Inc. (Pink Sheets: AMHD). Under the Joint Venture proposal Amelot and Energysave would construct several Bio Diesel facilities throughout the United States and Europe using Energysave's technology.
Eric Cousens president of Kerry Associates stated, "We have received a proposal from Energysave Ltd. to Joint Venture with Amelot Holdings Inc. Energysave is interested in establishing a relationship that will bring their technology from Europe to the United States. The proposal states that Energysave would provide proprietary state of the art Bio-Diesel processing equipment to be used in Amelot Holdings subsidiary Amelot Alternative Energy's proposed facilities."
About Amelot Holdings, Inc.
Amelot Holdings, Inc. is a diversified holding company focused on acquiring under-valued, high-growth firms and properties in the natural resource industry. For more information on Amelot Holdings Inc. Visit: www.amelotholdings.com
About Kerry Associates, Inc.
Kerry Associates Inc. is a business consulting firm helping companies develop and expand into emerging markets while strategically executing their objectives. For more information on Kerry Associates Inc. Visit: www.kerryassociates.com
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
KEYWORD: NORTH AMERICA MASSACHUSETTS UNITED STATES INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OIL/GAS NATURAL RESOURCES ENVIRONMEN
SOURCE: Kerry Associates, Inc.
CONTACT INFORMATION: Kerry Associates, Inc. Serjio Philbrick, 603-424-0126
*** end of story ***
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PACEL Corp. Files Final Acquisition Documents Monday June 19, 1:07 pm ET
CHARLOTTE, N.C., June 19 /PRNewswire-FirstCall/ -- PACEL Corp. (OTC Bulletin Board: PCLO - News) filed the final acquisition documents for World Wide Personnel Services of Maine and United Personnel Services on Friday, June 16, 2006. ADVERTISEMENT
As demonstrated in the 8-K/A pro forma for 2005, the acquisition of World Wide and United more than doubles PACEL's gross revenue and almost doubles PACEL's gross profit. For the first quarter of 2006, the pro forma demonstrates the combined revenue is more than 3 times the PACEL only revenue and the gross profit is double the PACEL only gross profit.
Combined, these companies increase the work site employees under management by over 700 and increase the client base by over 70 clients. All the clients and employees are in Maine thus providing PACEL a strong presence in the northeast region of the country.
"This acquisition demonstrate our growth strategy adding profitable companies that increase our market share and operating territory," stated Gary Musselman, President/CEO of PACEL Corp. "Completing the acquisition of World Wide Personnel of Maine and United Personnel is just one step in our growth plans."
Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by forward-looking statements, including the impact of competition, the success of existing and new product releases, the management of our growth, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ACTT (.085)Announces Renewal of International Joint Purchase Agreement Partnership Key to ACT's Deployment of Next-Generation Conferencing Platform Jun 19, 2006 1:42:00 PM 2006 PrimeZone Media Network
DENVER, June 19, 2006 (PRIMEZONE) -- ACT Teleconferencing, Inc. (Pink Sheets:ACTT), an independent worldwide provider of audio, video and web-based conferencing products and services, and Compunetix, Inc., a premier provider of advanced business collaboration, today jointly announced the renewal of an international purchase agreement. The renewed agreement extends the parties business relationship of over a decade.
After researching several alternatives, ACT selected Compunetix's Summit Audio Conferencing Platform to deploy ACT's next-generation platform ReadyConnect. The Summit Platform was chosen because of its superior voice quality, reliability, state-of-the-art features, security and flexibility.
The combination of Compunetix's technology and ACT's high-quality service and global presence are the basis for ReadyConnect, a unique state-of-the-art conferencing platform. The international platform will provide superior multi-media features offering the highest-quality attended and unattended audio services via either VoIP (Voice over Internet Protocol) or PSTN (Public Switched Telephone Network). All levels of management will easily adopt ReadyConnect because of the platform's simple interface created by the tight integration of audio, web and video media.
"Over the years, we have relied on Compunetix's superior equipment and service to build our successful conferencing business. We are pleased to continue our relationship with this trusted partner," commented ACT President and Chief Executive Officer Gene Warren. Mr. Warren continued, "Both of our Companies are committed to creating an audio conferencing platform that accommodates communications for the 21st century. Our strategic partnership is focused on developing innovative features to help our international customers conduct business seamlessly and cost effectively."
Jerry Pompa, Compunetix Vice President and Division Manager for the Communications Systems Division, added, "As a recognized service leader in the conferencing industry, ACT Teleconferencing's reputation for consistent, reliable and innovative technologies sets them apart in the quickly evolving field of business collaboration, both domestically and internationally. Compunetix is proud to continue to serve as the platform technology partner for this outstanding organization."
About Compunetix
Compunetix is the leading manufacturer of multipoint collaboration equipment in the world. With nearly 300,000 ports installed in more than 25 countries, the company has the industry's largest worldwide deployment of digital teleconferencing systems. Dedicated to customer-focused and innovative technology, Compunetix engineers and manufactures all aspects of its conferencing equipment, ensuring its customers that its bridges are the highest quality, most reliable and most flexible solutions available. Compunetix's Internet address is www.compunetix.com.
About ACT Teleconferencing
Established in 1990, ACT Teleconferencing, Inc. is a leading independent worldwide provider of audio, video and web-based conferencing products and services to corporations, educational organizations and governments worldwide. ACT's integrated global audio and video conferencing platforms provide uniform international services, customized uniform billing, managed services and local language services. The Company's headquarters are located in Denver, Colorado, with operations in Australia, Belgium, Canada, France, Germany, Hong Kong, Singapore, the U.K. and the U.S., as well as several virtual locations, including Japan, China, Taiwan, Indonesia, Spain, Sweden, Switzerland, Russia, Poland and South Africa. ACT's Internet address is www.acttel.com.
CONTACT: ACT Teleconferencing, Inc. Liza Kaiser 303-233-3500 lkaiser*acttel.com
Compunetix, Inc. Robert Haley 800-879-4266 412-858-6209 csdmarketing*compunetix.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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MALIBU, CALIFORNIA -- (MARKET WIRE) -- 06/19/06 -- Vinoble, Inc. (OTCBB: VNBL) announced today that the Company has been notified by the operator regarding the arrival of the Drilling Rig to begin drilling the Allain LeBreton No. 2 well on the Clovelly South Prospect.
Vinoble has been informed that the Grey Wolf 611 is on location and rigged up. The mud tank, sub-structure, fuel tank, generator house, and water tank are also in place. Currently, work is being done on the derrick. The Company will provide updates periodically as it continues to receive weekly data from the site.
As previously announced, the original proposed target was to test the "M" Sand at a depth of approximately 13,500 feet with a prospective size of 3.6 million barrels of oil. After further geophysical review of a 3D Seismic survey of the property, the operator and the interest owners of the prospect and put forth a further development plan for a deeper horizon. The additional drilling target will test the "P" Sand at approximately 14,200 feet, and if successful, would significantly increase the reserves in the well to an anticipated 11 million barrels of oil for a nominal increase in the dry hole cost. A discovery would lead to the drilling of several development wells on the 1260 acre property where facilities for the production of the well are available.
While global political turmoil continues to keep oil prices near $70 per barrel and some recent analysts' reports predict that oil could reach as high as $100 a barrel in the near future, the Company is moving forward in its efforts to acquiring additional growth and investment opportunities in this natural resource sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. The Company is focused on increasing value by means on continuing acquisitions, development projects and exploration drilling through joint venture networks.
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Vinoble to complete the proposed acquisition(s), the results of Vinoble's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of Vinoble to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
Contacts: Vinoble, Inc. Catherine Thompson Media & Investor Relations (310) 456-3199 (310) 456-1778 (FAX) investorrelations*vinobleinc.com www.vinobleinc.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PMED (.0082) Paradigm Medical Signs Definitive Agreement with China's MEDA Co. for Development of Medical Products Jun 19, 2006 1:04:00 PM Copyright Business Wire 2006
SALT LAKE CITY--(BUSINESS WIRE)--June 19, 2006--
Paradigm Medical Industries, Inc. (OTCBB: PMED.OB/PMEDW.OB), a leading innovative producer of ultrasound devices for the ophthalmic and medical industries, today announced it has signed a definitive agreement with MEDA Co. Ltd. (Tianjin) to jointly engineer and develop Paradigm's next generation of ultrasound and other medical products. MEDA is one of China's leading developers and producers of ultrasound devices.
"We are pleased to be working with MEDA. Their engineering, research, and production capabilities are among the best in the world," said Paradigm Medical's President and Chief Executive Officer, Raymond Cannefax. "MEDA has already begun producing products for us to our specifications."
Mr. Cannefax added, "Initial ultrasound products have been received from MEDA and Paradigm has made initial sales of these devices in Europe. We expect all of our distributors worldwide to be carrying these products by mid-2006. After receiving U.S. and European regulatory approval in 2005 for our third generation Ultrasound BioMicroscope (UBM)--the P60--we are now working with MEDA on the next generation UBM as well as other proprietary new products and enhancement of our current devices.
"Paradigm Medical is presently the only company that manufactures and sells more than one UBM," Mr. Cannefax noted. "Upon completion of this new UBM project, the Company will offer four Ultrasound BioMicroscopes for medical and research sciences applications."
Paradigm Medical expects to be manufacturing its products at both its facility in Salt Lake City and in Tianjin. "We expect to have a series of new, collaborative products on display at the AAO Convention later this year," Mr. Cannefax concluded.
Paradigm Medical Industries, Inc. (Salt Lake City, UT), currently develops, manufactures and markets high-tech, proprietary diagnostic equipment and consumable products for the medical industry. The Company is a leading developer of Ultrasound devices, and has been dubbed "The UBM Company" (Ultrasound BioMicroscope). Contact us at 801-977-8970 or visit us at www.paradigm-medical.com.
This press release contains statements that, if not verifiable historic fact, may be viewed as forward-looking statements that could predict future events and outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements.
Source: Paradigm Medical Industries, Inc.
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Paradigm Medical Industries Inc. Raymond Cannefax 801-977-8970
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Digital Descriptor Systems' EvidPro Tamper-Evident Evidence Bag to Debut at Twentieth Annual Police Security Expo >SEA GIRT, N.J., June 19, 2006 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (Pink Sheets:DDSI) -- along with its subsidiary, CGM Applied Security Technologies -- will introduce its latest law enforcement product, the EvidPro tamper-evident evidence bag, at the 20th annual Police Security Expo (http://www.police-security.com), which begins June 20 in Atlantic City, N.J.
EvidPro bags are specially designed with a unique closure that will provide clear indication if items sealed inside are tampered with. Specifically, a message noting the breach will appear directly on the closure. This system protects both evidence and the personal property of individuals.
"Maintaining the integrity of evidence is absolutely essential in a large percentage of criminal investigations -- so much so that it can be the deciding factor in a prosecution," says Tony Shupin, president and CEO of DDSI. "Our EvidPro bag has been designed by law enforcement professionals to address their specific needs. It enables police and officers of the court to proceed with confidence, because they'll know that if their evidence is sealed within our bag, there's been no compromise or contamination."
The tamper-evident bags are available in clear plastic, with large, write-on labels for including relevant or necessary background information. Once contents have been placed in an EvidPro bag and labeled, a receipt can be detached and filed. In addition, a bar code makes it possible for all bags to be scanned and logged into a database.
Located in the Atlantic City Convention Center, the Police Security Expo showcases products, goods, services and the latest high-tech advances in the field of law enforcement. The two-day event concludes June 21.
The DDSI and CGM Applied Security Technologies exhibit -- which, in addition to EvidPro, will feature a variety of other security products -- will be located at booth No. 721.
About Digital Descriptor Systems, Inc.
The company, based in Sea Girt, N.J., develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections, justice, and public safety agencies. Additional information is available online, at http://www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, N.J., is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, and physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products. Additional information is available online, at http://www.cgmsecuritysolutions.com.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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Press Release Source: Digital Descriptor Systems Inc.
Digital Descriptor Systems' EvidPro Tamper-Evident Evidence Bag to Debut at Twentieth Annual Police Security Expo Monday June 19, 2:41 pm ET Product for Securing, Protecting Crime-Scene Items Will Highlight Display by CGM-AST, a Digital Descriptor Systems, Inc. Company
SEA GIRT, N.J., June 19, 2006 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (Other OTC:DDSI.PK - News) -- along with its subsidiary, CGM Applied Security Technologies -- will introduce its latest law enforcement product, the EvidPro tamper-evident evidence bag, at the 20th annual Police Security Expo (http://www.police-security.com), which begins June 20 in Atlantic City, N.J. ADVERTISEMENT
EvidPro bags are specially designed with a unique closure that will provide clear indication if items sealed inside are tampered with. Specifically, a message noting the breach will appear directly on the closure. This system protects both evidence and the personal property of individuals.
``Maintaining the integrity of evidence is absolutely essential in a large percentage of criminal investigations -- so much so that it can be the deciding factor in a prosecution,'' says Tony Shupin, president and CEO of DDSI. ``Our EvidPro bag has been designed by law enforcement professionals to address their specific needs. It enables police and officers of the court to proceed with confidence, because they'll know that if their evidence is sealed within our bag, there's been no compromise or contamination.''
The tamper-evident bags are available in clear plastic, with large, write-on labels for including relevant or necessary background information. Once contents have been placed in an EvidPro bag and labeled, a receipt can be detached and filed. In addition, a bar code makes it possible for all bags to be scanned and logged into a database.
Located in the Atlantic City Convention Center, the Police Security Expo showcases products, goods, services and the latest high-tech advances in the field of law enforcement. The two-day event concludes June 21.
The DDSI and CGM Applied Security Technologies exhibit -- which, in addition to EvidPro, will feature a variety of other security products -- will be located at booth No. 721.
About Digital Descriptor Systems, Inc.
The company, based in Sea Girt, N.J., develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections, justice, and public safety agencies. Additional information is available online, at http://www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, N.J., is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, and physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products. Additional information is available online, at http://www.cgmsecuritysolutions.com.
Safe Harbor Statement:
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, anyone can identify forward-looking statements by terminology such as ``may,'' ``will,'' ``should,'' ``expect,'' ``plan,'' ``anticipate,'' ``believe,'' ``estimate,'' ``predict,'' ``potential'' or ``continue,'' the negative of such terms, or other comparable terminology. These statements are only predictions. Although DDSI believes that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. DDSI undertakes no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review its SEC filings.
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Press Release Source: First Guardian Financial Corporation
CORRECTING and REPLACING First Guardian Financial Corporation Completes Reduction of Authorized Shares and Finalizes Buyback Plan Monday June 19, 10:58 pm ET
NEW YORK--(BUSINESS WIRE)--June 19, 2006--Third graph, first sentence should read: XXX budgeted commitment of $3,000,000.00 (sted $300,000.00). The corrected release reads:
FIRST GUARDIAN FINANCIAL CORPORATION COMPLETES REDUCTION OF AUTHORIZED SHARES AND FINALIZES BUYBACK PLAN
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First Guardian Financial Corporation (Pink Sheets: FGFC - News) today reported that the company as previously announced has completed the reduction of its authorized shares to 200 million total. The Board of Directors has also approved a buyback plan for its outstanding common shares.
The reduction of the company's authorized shares to 200 million total now brings the capitalization of the company to 116,250,132 shares restricted and in management's control and 81,931,116 outstanding and in the public's hands (float) for a total of 198,182,048 shares. "The company has reduced within the last thirty days or so the authorized capitalization from 520 million shares down to 200 million shares now, and we are reviewing ways to further reduce the company's authorized shares," said Abraham Rosenman, President.
The Board of Directors has approved management's buyback plan and budget; it is the company will buyback up to 50 million shares at a maximum price of 0.06 per share for a budgeted commitment of $3,000,000.00, thus reducing the company's capitalization to 150 million shares. "We are committed to the least amount of available shares available thus enhancing the value of our company," said a member of the Board of Directors.
"The company is fully determined to have as little as necessary of its stock available as possible; we are intent on increasing shareholder value while building our company, as you all can see we are very aggressive in our plan going forward, and it is about to get even more aggressive as we position our company to advance to the OTCBB," stated Abraham Rosenman President of First Guardian Financial Corporation.
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
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.
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