Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » WEDNESDAY PR WIRE !!

 - UBBFriend: Email this page to someone!    
Author Topic: WEDNESDAY PR WIRE !!
STOCKGANGSTA
Member


Icon 1 posted      Profile for STOCKGANGSTA     Send New Private Message       Edit/Delete Post   Reply With Quote 
WEDNESDAY PR WIRE !!


Tuesday, June 20 2006 4:00 PM, EST

Smart Card Marketing Systems, Inc. Signs Check Processing Agreement With Canadian Financial Services Company


SAN ANTONIO, TX -- (MARKET WIRE) -- 06/20/06 -- Smart Card Marketing Systems, Inc. (PINKSHEETS: SMKG) (FRANKFURT: QYH), a leading provider of prepaid cards, value smart storage cards and payment transaction management services, announced today that they have signed an agreement with a leading edge Canadian Financial Services company to provide backend administration and check processing services.

The financial services company, which is based in the province of Quebec, provides check remittance services. According to the agreement, Smart Card will act as the company's exclusive provider of backend administrative check processing functions such as imaging, scanning and centralized deposit services.

Smart Card's centralized processing service coupled with their revolutionary VelocityMerchant(TM) data management service allows companies or merchants to direct all incoming payments to a central designated location. Smart Card's cutting edge backend software system then processes the customer's data and fulfills their business needs. Smart Card will benefit financially from this agreement by receiving revenue that is generated from both item and batch processing fees. With the addition of this new agreement, Smart Card will come close to obtaining a level of one thousand items processed daily.

Smart Card CEO Massimo Barone stated, "This agreement puts Smart Card in a very competitive position in the check processing industry in North America. We are now looking to aggressively pursue leads in foreign markets where companies and merchants are looking for more efficient methods to handle backend administration and money remittance."

About Smart Card Marketing Systems, Inc.

Posts: 304 | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
osoaz
Member


Rate Member
Icon 1 posted      Profile for osoaz     Send New Private Message       Edit/Delete Post   Reply With Quote 
Ckrush Film ''Artie Lange's Beer League'' Sells Out Quickly at CineVegas Festival Premiere Prompting Second Screening; Highly Anticipated Comedy Starring Artie Lange Continues to Gain Momentum Prior to September 15 Theatrical Release
Business Wire - June 20, 2006 16:36

NEW YORK, Jun 20, 2006 (BUSINESS WIRE) -- Ckrush, Inc. (OTCBB:CKRH), a producer and distributor of feature films, digital entertainment content, and sports programming, announced today that high demand for tickets to the premiere of "Artie Lange's Beer League," at the 8th Annual CineVegas Film Festival in Las Vegas required the festival to add an additional screening of the film. CineVegas took place in Las Vegas, Nevada, on Friday, June 16th.

"Artie Lange's Beer League" stars the popular comedian/actor Artie Lange of the Howard Stern Show. The film was included in CineVegas "Sure Bets" advance screenings of high-profile films that have secured U.S. distribution.

"To say the response exceeded our expectations would be an understatement," said Jeremy Dallow, President of Ckrush. "We believed we had a hit on our hands upon reading the script, but the reaction that Artie and Beer League received in Las Vegas cements our expectations that this film will be very well embraced by the movie going public."

Adding to the film's growing buzz, Beer League's R-rated trailer won the Special Audience Award for the "Trashiest Trailer" at the 7th Annual Golden Trailer Awards held in New York City on June 1.

"Artie Lange's Beer League" is set for release on September 15 in New York, New Jersey, Philadelphia and Cleveland. Echo Bridge Entertainment has acquired all U.S. and Canadian theatrical and home entertainment distribution rights to the feature film.

About Echo Bridge

Posts: 112 | From: Tucson, Az. | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
Schwabie
Member


Icon 1 posted      Profile for Schwabie     Send New Private Message       Edit/Delete Post   Reply With Quote 
News Story

IGIA Announces Launch of Instant Cover(TM) Product under Flagship IGIA(R) Personal Care Line
5:39 PM EDT June 20, 2006
IGIA, INC., (OTC: IGAI), a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items, announced today it is launching a direct sales campaign to sell Instant Cover(TM) worldwide, a cosmetic product branded under the flagship IGIA line of personal care products. The Company plans to market and sell Instant Cover directly to consumers through airings of its 28-minute television infomercial and Internet media, including its www.instant-cover.com website. IGIA also announced the start of Instant Cover product shipments to licensed direct marketers in European markets.

Instant Cover is hypoallergenic cosmetic cover make up that conceals skin blemishes; acne, age spots, birthmarks, blotches, dark eye circles, varicose veins, tattoos and more. Simple to use, Instant Cover matches and blends with all skin tones and conceals without caking, drying skin or leaving a greasy residue. The unique skin camouflage application is water and smudge resistant and specially formulated to last until removed.

The Company's personal and home care products are targeted for nationwide mass market appeal, affordability and giving value to customers. With today's announcement, IGIA is reintroducing Instant Cover, a product that was extensively distributed and generated significant sales through the fiscal year ended February 28, 2005. The majority of IGIA's $25,532,151 in revenues for fiscal year ended February 28, 2006, which increased 125.5% over fiscal 2005, was generated from sales of vacuum cleaners and tile repair kits. The Company plans for Instant Cover to produce revenues within its line of personal care products, a line that contributed a portion of the fiscal 2006 revenues.

Avi Sivan, CEO of IGIA, Inc., stated, "Instant Cover is a proven product that we have successfully marketed in the past through direct response and major mass retailers. Worldwide consumer response and loyalty to our IGIA brand has been tremendous. We are excited to launch Instant Cover back into the marketplace and this time, thanks to our live streaming video technology, we can transmit our commercial demonstration online to our web audience."

About IGIA

IGIA, Inc., through its wholly-owned subsidiaries Tactica International, Inc., Shopflash, Inc. and Kleenfast, Inc., is a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items. Its globally recognized portfolio of brands includes IGIA(R) and the registered proprietary As Seen On TV(TM) logo. The IGIA name ranks amongst the most recognizable personal care brands as cited by an industry publication. In addition, IGIA markets and sells products through TV infomercials, mass-market retailers, specialty retailers, catalogs and through http://www.igia.com.

This press release contains forward-looking statements. The words or phrases "may," "intends," "expects," "estimate," "indicate," "plans," "anticipates," "could," "if," "will," "should" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. These risks and uncertainties include: (a) whether IGIA and/or Tactica will obtain additional financing to adequately operate and resolve post-petition administrative expense claims following Tactica's reorganization plan becoming effective on March 28, 2006; (b) whether IGIA will have adequate credit card activity processing capacity and terms with major credit card companies and a credit card processor upon which IGIA's direct response sales operation is dependent; (c) other factors set forth in IGIA's periodic reports and registration statements filed with the Securities and Exchange Commission, which may be reviewed by accessing the SEC's EDGAR system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. IGIA cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, IGIA does not undertake, and IGIA specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

SOURCE: IGIA, Inc.

For IGIA, Inc. General Counsel: Paul Greenfield, 212-575-0500 x134

BusinessWire

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

Posts: 3255 | From: Orlando, FL | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
worthashot
Member


Rate Member
Icon 1 posted      Profile for worthashot     Send New Private Message       Edit/Delete Post   Reply With Quote 
copied from ihub

Form 8-K for XECHEM INTERNATIONAL INC


--------------------------------------------------------------------------------

20-Jun-2006

Unregistered Sale of Equity Securities, Other Events


ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.
On June 15, 2006, Xechem International, Inc. reached final agreement with Marjorie Chassman ("Chassman") regarding a bridge loan financing, whereby Chassman agrees to loan $1,025,000 to Xechem, in two tranches, one in the amount of $500,000 and the other in the amount of $525,000. The first tranche of $500,000 was infused on Friday, June 9, 2006. The second tranche of $525,000 is due by Friday, June 23, 2006. The note has been negotiated to convert into shares of our common stock at $0.015 per share (approximately 66,666,667 shares, excluding interest). The note bears interest at 8% and is due May 31, 2008. As additional consideration for infusion of the capital, Xechem will issue Chassman 66,666,667 warrants, exercisable at $0.02 per share for a period of 5 years. In addition, Chassman has agreed to extend the due date on all existing notes held by the Company to May 31, 2008. The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.

Over the period from June 2, 2006 through June 5, 2006, Chassman infused $200,000 into Xechem. On June 15, 2006, the parties reached final agreement as to the terms: the note will be issued to Chassman in the amount of $200,000, it will bear interest at 8% and is due May 31, 2008. The note is convertible into shares of our common stock at $0.01 per share (20,000,000 shares, excluding interest). The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.

Over the period from February 22, 2006 through May 10, 2006, Chassman infused $780,000 into Xechem, as reflected in Xechem's annual and quarterly reports. On June 15, 2006, the parties reached final agreement as to the terms:
the note will be issued to Chassman in the amount of $780,000, it will bear interest at 8% and is due May 31, 2008. The note is convertible into shares of our common stock at $0.005 per share (approximately 156,000,000 shares, excluding interest). The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.

The Company relied upon the exemption from registration available under
Section 4(2) of the Securities Act of 1933, as amended. The Bridge Loan Financing participant is an accredited investor, small in number, and has had access to information about Xechem.


ITEM 8.01 OTHER EVENTS.
During the period from April 6, 2006 through June 8, 2006, Xechem International, Inc., converted Xechem debt (in the form of principal and interest) in the aggregate amount of approximately $563,000 ($526,000 of which was principal and $37,000 of which was interest) into approximately 144,511,809 shares of Xechem's common stock (exercised at conversion rates between $0.0025-$0.0075 per share), representing approximately 12% of Xechem's currently issued and outstanding stock.

ITEM 9.01 EXHIBITS.

(C) EXHIBITS.

None.

Posts: 438 | From: just outside of nowhere | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
Schwabie
Member


Icon 1 posted      Profile for Schwabie     Send New Private Message       Edit/Delete Post   Reply With Quote 
News Story

First Guardian Financial Corporation to Participate/Joint Venture in Proposed Hotel & Casino Project
9:01 AM EDT June 21, 2006
First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that they have entered into an agreement to participate/joint venture in a 50 acre parcel for development of a hotel/casino project.

The company (FGFC) has agreed to a joint venture that will acquire a 50 acre parcel located in Woodstock, Ontario, Canada. First Guardian Financial Corporation will be the majority partner (controlling 51% or better of the joint venture).

First Guardian Financial Corporation will invest up to $3,000,000.00 (Canadian) for the venture (land acquisition only) and we will rely on the issuance of bonds or traditional financing for the development (construction) of the property.

"This is a fantastic opportunity/deal for our company and we are extremely excited about this particular venture, we are very pleased that this deal was brought to us as it speaks for the creditability and belief in our young company. I would like to thank our executives who traveled to Canada this weekend to bring this deal together." Said Abraham Rosenman President 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.

SOURCE: First Guardian Financial Corporation

First Guardian Financial Corporation Investor Relations, 212-572-4823 Fax: 212-572-6499 ir*guardianfinancialcorp.com www.guardianfinancialcorp.com

BusinessWire Back to Stock Summary

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

Posts: 3255 | From: Orlando, FL | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
doling2005
Member


Rate Member
Icon 1 posted      Profile for doling2005         Edit/Delete Post   Reply With Quote 
CWLC .04

Contract win http://biz.yahoo.com/prnews/060621/law014.html?.v=61

Posts: 2292 | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
USXP (.0049) Universal Express Completes Contract for Global Trucking
Jun 21, 2006 10:43:00 AM
Copyright Business Wire 2006

NEW YORK--(BUSINESS WIRE)--June 21, 2006--

Universal Express Inc. (OTCBB:USXP), today announced it has completed the awaited contract for the purchase of Global Trucking (http://www.miami.com/mld/miamiherald/business/14662347.htm). The purchase price $900,000 plus other considerations toward Global's future growth.

This contract formalizes the acquisition of a 60% interest in one of the oldest and most industry-revered trucking and delivery companies, Global Trucking Services, Inc., of Miami Florida. For many years, Global has been the flagship provider of both luggage delivery services as well as trucking services to most major airlines serving the Miami, Florida market. Over the past two years, Global has also become the premier provider of luggage and trucking services in Houston's George Bush Intercontinental Airport.

Universal Express will provide $200,000 to Global at the closing, expected to occur early next month. The remainder of the purchase price is payable in monthly payments of $100,000 or 65% of the net profits of Global from existing operations, at the discretion of Universal Express. There will be employment agreements for the two principals of Global, including bonus incentives to be based upon future performance and growth of Global.

"We welcome this time-tested and industry-respected company into the Universal Express family," said Richard A. Altomare, Chairman and CEO of Universal Express, Inc. "As our Luggage Express Division matures and enters into mainstream thinking, our industry alliances and airport branding with transportation logistics providers such as Global Trucking becomes increasingly significant to our core business," continued Mr. Altomare.

Miami International Airport is ranked third in the United States by International passengers. Houston's George Bush Intercontinental is ranked 10th in the U.S. by non-stop domestic and international flights.

"Our relationship, now formalized by contracts with our new strategic partner, Universal Express, includes a template for an aggressive and judicial expansion of our luggage and delivery services into additional selected major U.S. airport properties. We have long sought a relationship such as this, and we look forward to an aggressive expansion as this luggage business paradigm moves closer to Universal's long-held view," said Mr. Juan Gonzalez, President of Global Trucking Services, Inc.

About Universal Express

Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com

Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Source: Universal Express, Inc.

----------------------------------------------

Universal Express
Inc.
Investor Relations:
Mark Falk
561-367-6177
publicrelations*usxp.com

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
indef
Member


Icon 1 posted      Profile for indef     Send New Private Message       Edit/Delete Post   Reply With Quote 
below is not a PR - just an info...

**********: QMAR, RSO, TTWO, TUES, AURC, CUAQ Have Also Been Added To Naked Short List Today
via COMTEX

June 21, 2006

Jun 21, 2006 (M2 PRESSWIRE via COMTEX News Network) --

**********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Quintana Maritime Limited (NASDAQ: QMAR), Resource Capital Corp (NYSE: RSO), Take-Two Interactive Software, Inc. (NASDAQ: TTWO), Tuesday Morning Corp. (NASDAQ: TUES), Aurus Corporation (OTC: AURC), China Unistone Acquisition Corporation (OTCBB: CUAQ). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.

Quintana Maritime Limited (NASDAQ: QMAR) provides dry-bulk marine transportation services worldwide. Its dry-bulk carriers transport various cargoes, including coal, iron ore, and grain. The company charters its vessels to various trading houses, publicly traded companies, vessel owners and operators, producers of raw materials, and government-owned entities. As of February 28, 2006, it owned and operated a fleet of 8 Panamax vessels and 2 Capesize vessels with a combined carrying capacity of approximately 916,072 deadweight tons. The company was formed in 2005 and is based in Glyfada, Greece. With 23.85 million shares outstanding and 630,439 shares declared short as of May 2006, there is a failure to deliver in shares of QMAR.

Resource Capital Corp (NYSE: RSO) together with its subsidiaries, operates as a specialty finance company in the United States. The company purchases and manages a diversified portfolio of real estate-related assets and commercial finance assets. It invests in commercial real estate-related assets, such as commercial mortgage-backed securities, subordinated interests in first mortgage real estate loans, and mezzanine debt related to commercial real estate; residential real estate-related assets, including agency residential mortgage-backed securities and non agency RMBS; and commercial finance assets, such as syndicated bank loans, other asset-backed securities equipment leases and notes, trust preferred securities of financial institutions, and private equity investments. The company intends to elect and qualify to be taxed as a real estate investment trust (REIT) for federal income tax purposes under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided the company distributes 90% of its taxable income to its shareholders. Resource Capital Manager, Inc. serves as the manager and advisor of the company. Resource Capital Corp. was founded in 2005 and is based in New York City. With 17.81 million shares outstanding and 414,729 shares declared short as of May 2006, there is a failure to deliver in shares of RSO.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) engages in publishing, developing, and distributing interactive entertainment software, hardware, and accessories worldwide. It publishes interactive software games for personal computers, video game consoles, and handheld platforms. The company's products include titles for hardware platforms, computer entertainment system, video game and entertainment system, and game console. Its software titles are developed by third parties. The company also distributes its products; and third-party software, hardware, and accessories to retail outlets in North America. In addition, the company manufactures and markets video game and electronic peripherals, and accessories in Europe, North America, and the Asia Pacific region. It distributes third-party console and handheld products consisting of newly released and popular software titles, budget and catalog software titles, and hardware. The company serves mass merchandisers; video, electronic, and toy stores; drug stores; supermarket and discount store chains; and specialty retailers in North America and Europe. Its software titles are sold to retail outlets through direct relationships with retail customers and third-party distributors in North America and Europe. Take-Two Interactive Software was incorporated in 1993 and is headquartered in New York City. With 71.53 million shares outstanding and 21.75 million shares declared short as of May 2006, there is a failure to deliver in shares of TTWO.

Tuesday Morning Corp. (NASDAQ: TUES) operates as a closeout retailer of upscale home furnishings, gifts, and related items in the United States. Its merchandise primarily consists of lamps, rugs, crystal, dinnerware, silver serving pieces, gourmet house wares, bathroom, bedroom and kitchen accessories, linens, luggage, Christmas trim, toys, stationery, and silk plants. As of December 31, 2005, the company operated 732 stores in 46 states in the United States. The company was founded in 1974 and is headquartered in Dallas, Texas. With 41.38 million shares outstanding and 8.1 million shares declared short as of May 2006, there is a failure to deliver in shares of TUES.

Aurus Corporation (OTC: AURC) is a publicly traded mining holding company with several precious metal properties with over 5 million ounces in gold reserves, trading under the ticker symbol AURC on the US Pinksheets market. Aurus seeks to continue acquire proven gold and other precious metal reserves in Russia and other emerging counties and operate its mines through joint ventures and or partnerships. With 3,000 shares outstanding and an undisclosed short position, there is a failure to deliver in shares of AURC.

China Unistone Acquisition Corporation (OTCBB: CUAQ) does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, or other similar business combination with an operating business that has its primary operating facilities located in the People's Republic of China. The company was founded in 2004 and is based in New York City. With 4.20 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of CUAQ.

About **********

WWW.********** is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. ********** has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

********** has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.**********/squeezetrigger.pdf. The SqueezeTrigger database of nearly 800,000,000 short sale transactions goes back to January 1, 2005, and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005, because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like ********** to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, ********** provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.

All material herein was prepared by **********, based upon information believed to be reliable. The information contained herein is not guaranteed by ********** to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. ********** is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. ********** may receive compensation in cash or shares from independent third parties or from the companies mentioned.

********** affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.

********** will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and ********** undertakes no obligation to update such statements.

CONTACT: Thomas Ronk, CEO Tel: +1 800 715 9999 e-mail: Tom*********** WWW: http://www.**********

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.

(C)1994-2006 M2 COMMUNICATIONS LTD

Posts: 420 | From: Canada | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
AMHD (.013) Signs LOI to Lease Nashua, New Hampshire Facility
Jun 21, 2006 10:33:00 AM
2006 PrimeZone Media Network

CHEYENNE, Wyo., June 21, 2006 (PRIMEZONE) -- Amelot Holdings Inc. (PinkSheets:AMHD) is pleased to announce that its wholly-owned subsidiary, Amelot Alternative Energy, Inc., has signed a letter of intent to lease a Nashua, New Hampshire facility from Brady Sullivan Properties for a period of 3 years. The facility has 2,969 square feet of office space and 26,713 square feet of manufacturing space with railroad access right to the facility.

"We are extremely pleased that we have signed a Letter of Intent on this facility. We have been looking at several locations and had even secured a facility back on May 11th. By taking additional time researching all our options, we found a better facility that will fit our initial needs and our future growth. In addition, this facility provides loading docks and has railroad access. Having railroad access to the building is a major benefit for operations. This can save us thousands in shipping costs." said Aziz Hirji, President of Amelot Holdings.

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.

The Amelot Holdings, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2149.

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.

CONTACT: Amelot Holdings, Inc.
Aziz Hirji
(646) 552-4000
support*amelotholdings.com
http://www.amelotholdings.com

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
Arete Industries, Inc. Releases Update on Possible Merger

PR Newswire via COMTEX


Jun 21, 2006 11:00:50 AM

WESTMINSTER, Colo., June 21, 2006 /PRNewswire-FirstCall via COMTEX News Network/ --

Arete Industries, Inc. (OTC Bulletin Board: ARET) (Arete) announced today an update on the status of the letter of intent for merger.

Arete Industries, Inc. announced on May 8, 2006 that it had received a letter of intent and non-refundable deposit of $25,000 for the due diligence period that was to end June 12, 2006. "The process has been slow but the parties are close to terms on a definitive agreement for the purchase and merger of an oil & gas company," stated Charles Gamber CEO of Arete. The Company still needs to deal with the status of its inactive subsidiary Aggression Sports, Inc. dba Arete Outdoors and the final settlement of its outstanding debt. The Company feels like it will be able to complete the final agreement and settle all of its open items by no later than the middle of July 2006.

About the Company. Arete Industries, Inc., a development stage company, is a publicly traded holding company with several subsidiaries. Its subsidiary, Avatar Technology Group Inc. operates the delivery of technology solutions for small to medium size businesses as well as public entities. These solutions include business services, custom software development and web design, network security services and IT solutions. Avatar Technology Group Inc. has secured reseller/affiliate agreements with major partners in each area to deliver these services primarily through a website model. Avatar Technology Group Inc maintains a website at www.avtekgroup.com. Avatar Technology Group Inc. plans to market these services to specific vertical markets using advertising in print media and targeted opt in email campaigns. Most of the services are based on a recurring revenue model. All of the technology solution offerings were selected to be complimentary to each other. Arete Industries, Inc. has one other subsidiary, Aggression Sports, Inc. dba Arete Outdoors, an outdoor sports equipment manufacturing company that has been inactive since 2001. The Company continues to seek a buyer or merger candidate for Aggression Sports, Inc.

Statement as to Forward Looking Statements. Certain statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties not known or disclosed herein that could cause actual results to differ materially from those expressed herein. These statements may include projections and other "forward-looking statements" within the meaning of the federal securities laws. Any such projections or statements reflect Arete's or AVT's current views about future events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from those projected. Important factors that could cause the actual results to differ materially from those projected include, without limitation, AVT's inability to meet the conditions to acquiring its current business including providing financing to provide for servicing current and new contracts; unexpected difficulties encountered in the investment market, competition, government regulation or other action, the ability of management to execute its plans to meet its goals and other risks inherent in their businesses that are detailed in their Securities and Exchange Commission ("SEC") filings.

SOURCE Arete Industries, Inc.

Charles Gamber, CEO of Arete Industries, Inc., +1-303-652-3113, ir*areteindustries.com; or John Herzog, President of Avatar Technology Group, Inc., +1-303-459-7818, jrh*avtekgroup.com http://www.prnewswire.com

Copyright (C) 2006 PR Newswire. All rights reserved.

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
MYNG (.018) Golden Eagle Director in Bolivia to Review Progress on B and C Zone Gold Deposit Development; Final Pieces for Gold Recovery Plant Being Moved from La Paz to Santa Cruz
Jun 21, 2006 9:02:00 AM
Copyright Business Wire 2006

SALT LAKE CITY--(BUSINESS WIRE)--June 21, 2006--

Golden Eagle International, Inc. (OTCBB:MYNG) announced today that its newest director, Gene Dunham, is in Santa Cruz, Bolivia this week to review the progress of the B and C Zone gold deposit exploration and development program.

"We are counting on Gene Dunham to give us the benefit of his 40 years of experience in the mining industry," stated Mac Delozier, Golden Eagle's VP for Bolivian Operations. "We have earmarked the necessary funds and are working diligently to complete our exploration of the B and C Zones so that we can get them into pilot production."

The Company also announced that it is moving the final pieces of its recovery plant destined for the B and C Zone pilot operations from La Paz, Bolivia to Santa Cruz. This move will facilitate the construction of the pilot plant, pending adequate financing, as quickly as possible once exploration is concluded.

Eagle E-mail Alerts: If you are interested in receiving Eagle E-mail Alerts, please e-mail the Company at: eaglealert*geii.com.

Golden Eagle International, Inc. is a gold and copper exploration and mining company located in Salt Lake City, Utah and La Paz and Santa Cruz, Bolivia. The Company is currently focusing its efforts on developing its mining rights on its Buen Futuro gold and copper project (A Zone), and its B and C Zone gold deposits, within its 136,500 acres (213 square miles) in eastern Bolivia's Precambrian Shield.

The Company highly recommends that you review its disclosures, risk statements, previous press releases, annual reports, quarterly reports and current reports found at its website: www.geii.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISKS

Some of the statements in this press release are forward-looking statements and are based on an assumed set of economic conditions and courses of action, including: (a) Golden Eagle's ability to obtain the necessary financing on reasonable terms in light of current social and political conditions in Bolivia; (b) estimates of mineral reserves and future production levels; (c) expectations regarding estimated mine production costs taking into account higher petroleum prices, expected trends in mineral prices, and statements that describe Golden Eagle's future plans, objectives or goals; (d) uncertainties that result from actions that may be taken in Bolivia relative to increases in the Complementary Mining Tax, Corporate Income Tax or the amount paid for mining patents (claims fees) in the future; and (d) other risk factors and matters disclosed in Golden Eagle's Securities and Exchange Commission ("SEC") filings which may be accessed at www.sec.gov. There is a significant risk that actual material results will vary from projected results depending on such factors as changes in general economic, social and political conditions in Bolivia and financial markets; changes in gold and copper prices; technological and operational hazards in Golden Eagle's mining and mine development activities; uncertainties inherent in the calculation of mineral reserves, mineral resources and metal recoveries; the timing and availability of financing; governmental and other approvals, and other risk factors listed from time-to-time in Golden Eagle's Form 10-K and its other reports filed with the SEC. The mining projects in Bolivia described in this release, and related evaluations, or in our other disclosures, should not be construed by any means as an indication of the present or future value of the Company or its common stock. Additionally, our plans with respect to the Buen Futuro gold and copper project or our B and C Zone gold deposits should not be construed by any means as an indication of whether we will ever conduct successful mining operations in connection with those projects. Golden Eagle disclaims any responsibility to update forward-looking statements made herein.

Source: Golden Eagle International, Inc.

----------------------------------------------

Golden Eagle International
Inc.
Investor Relations:
Sabrina Martinez
801-619-9320

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
RMDG (.0014) to release Roc Monee's debut album
PHILADELPHIA--(BUSINESS WIRE)--June 21, 2006--
RMD Entertainment Group (Pink Sheets:RMDG) announced
earlier today that they have received approval by both Bungalo
Records, exclusively distributed by Universal Music Group (a
subsidiary of Vivendi Universal (NYSE:V)) in North America and the
Pickwick Group Ltd. of London to release Roc Monee's debut album
entitled "Diamond in the Rough" in stores on August 22nd.
It was also announced that their newest strategic partner, Real
Hip Hop Network (RHN), committed to a minimum of 2 television
appearances by Roc Monee on their 24 hour all Hip Hop channel that
currently reaches over 30 million households in the United States
alone. Roc's first appearance on RHN will be taped this Saturday at
Zanzibar in Washington DC for a concert he is performing in alongside
Hip Hop Legend LL Cool Jay for RHN's show called Video Request Top
Twenty Countdown. RHN is also expected to do a full show profile of
the up and coming artist in the near future to be aired on the network
and the MOTV Inc. (More TV trademark) platform.
"This is a great day for us here at RMDG. We have begun to realize
our success through hard work and proper strategic planning. Roc has
created an exceptional album that we feel has at least six singles to
promote via radio on it. Our promotion efforts and production efforts
for Roc's album are fully funded at this time. I am pleased with the
promotion efforts headed by Mr. Frederick Rollins and have seen
significant progress in our relationship with our digital distributors
like I-Tunes through the efforts of Mark Davis, Head of Digital
Distribution." CEO Giorgio Costonis added, "We are launching our
revenue campaign on four major fronts simultaneously through this
album. 1. North American retail outlet sales of the traditional cd
format through Bungalo Records. 2. European retail outlet sales of the
traditional cd format through Pickwick Group Ltd. 3. Download sales
directly through our existing distribution matrix. 4. Ring-tone sales
through our existing ring-tone partners in our distribution matrix
(the distribution matrix can be viewed at
http://www.rmd-entertainment.com)."
Frederick Rollins, President of special projects added, "The
revenue from this project alone could be staggering. In my many years
in the hip hop business I have never seen such a complete global
distribution model like the one we have now and we are going to be
putting it to work in a large way with this album. Roc delivered what
may quickly become a classic hip hop album. He has exceeded our
expectations as an artist and we remain confident he will be a revenue
generating machine for a long time to come."
Dom Rapello, Label Manager for Pickwick Group Ltd of London, said
"Roc is truly a special artist and we expect him to sell very well in
all European Markets for us."
Roc Monee added, "RMD really believed in me and my talent going
into this. I am so glad to see a Hip Hop company that takes good care
of their artists and cares about getting positive messages out there
to the young people who listen to this music. For them being exposed
to bigger business and Wall Street versus the guns and drugs of the
hustlers without hope or aspirations might make a profound difference
in their lives and help them make the right choices in life."

About RMD Entertainment Group

RMD Entertainment (RMD) is a cutting-edge entertainment company
that is primarily focused on the development and international
marketing of 'hip-hop' music, including compact discs, digital
downloads, and personal 'ring tones' for mobile phone customers, as
well as other 'hip-hop' lifestyle products. The Company has also
created MOTV, the ability to stream video content to mobile devices,
including cell phones and PDAs. RMD has significant successes
internationally and its staff producers have collaborated with some of
the most influential names in the music today including Sting, David
Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C
Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend
Bill Evans, among others. The Company current possesses an impressive
hip-hop catalogue, which it distributes exclusively through Bungalo
Records and Universal Music Group (a subsidiary of Vivendi Universal
(NYSE:V)) in North America and in Europe through the Pickwick Group
Ltd. of London.

Forward-Looking Statements

This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Those statements
include statements regarding the intent, belief or current
expectations of RMD Entertainment Group, Inc., and members of its
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results.


KEYWORD: NORTH AMERICA FLORIDA PENNSYLVANIA UNITED STATES
INDUSTRY KEYWORD: ENTERTAINMENT MUSIC
SOURCE: RMD Entertainment Group


CONTACT INFORMATION:
For RMD Entertainment Group, Philadelphia
Jed Wallace, 310-234-3200
jwallace*mphpr.com

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
SMMW (.0001) Summus Works, Inc.: Fuel Industry Ad Campaign for Satellite Affiliate Program
Jun 21, 2006 9:07:00 AM
Copyright Business Wire 2006

DENVER--(BUSINESS WIRE)--June 21, 2006--

Summus Works, Inc. (Pink Sheets:SMMW) announced in line with its VVV plan for growth that the Company's ad placement in the flex fuel marketplace will signify the Company's diversification inherent to its market development. The initiative will couple the capabilities of the Company's horizontal media platforms with its satellite broadcast affiliate program to foster strategic partnerships with industry leaders in developing, high traffic fuel retail locations.

The Company's deployment of its acquired digital signage technology at retail fuel distribution centers carrying E85 in high traffic destination locations will reflect Company market research of both the expanding flex fuel market and consumer trends. "Our target customer base is already frequenting high traffic gas stations that do, or will inevitably carry alternative fuels in the not-so-distant future. Ad placement and our cross marketing opportunities in such high frequency locations, reaching targeted consumers, is a sound allocation of our technology," said Summus Works President Dan Burgess.

E85 continues to gain product support in the U.S. where automakers are likewise responding, producing more full size "flex fuel" SUVs and trucks than cars. In 2007, General Motors alone will produce 400,000 E85 compatible, or "flex fuel" cars, trucks and SUVs, while auto experts anticipate 17 million cars to be sold next year industry wide.

Summus Works, Inc. (Pink Sheets:SMMW) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Source: Summus Works, Inc.

----------------------------------------------

Summus Works
Inc.
Dan Burgess
888-607-9495
summus*summusworks.com
www.summusworks.com
or
SmallCapVoice.com (Investor Relations)
Stuart T. Smith
512-267-2430
info*smallcapvoice.com
www.smallcapvoice.com

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
Neptunetrader94
Member


Rate Member
Icon 1 posted      Profile for Neptunetrader94     Send New Private Message       Edit/Delete Post   Reply With Quote 
Alcar Chemicals Group Signs $68M Licensing Agreement
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces that it has signed a contract with A-M Polymer Industries Ltd. worth $68M.

The agreement, valid for an initial 5-year term and automatically renewable if the general conditions are met, grants A-M Polymer Industries s.r.l., exclusivity for the entire Middle East. In return, A-M Polymers will acquire all equipment and raw materials, forecasted at 8,000 tons per year for their first manufacturing plant, exclusively from Alcar Chemicals Group Inc. The agreement guarantees raw material costs at 10% below posted market prices to A-M Polymers and a $0.25/Kg (11.36 cents U.S. per pound) Royalty fee, payable quarterly, to ACMG, for formulations and on the resale of raw materials.

A-M Polymers has acquired the entire formulation equipment park from ACMG, which will be delivered and installed over the next months. "We agreed on mutually beneficial terms," said Alexander Cavasin, CEO of Alcar Chemicals Group. "While to us this contract is worth $60M in sales and an additional $8M to $10M in Royalties, A-M Polymers will be able to significantly increase gross margins, increasing its net profits by over 1 million dollars yearly just from the raw material cost savings we are able to offer. This contract secures the sales for the entire output of our first reactor, representing a significant milestone for ACMG and its expansion plans," further added Alexander Cavasin.

With the recent issue of 1.5M shares, the total OS is 100M even, of which 72M are restricted shares. With such a promising technology, which represents a truly sustainable and highly economical process, contracts like the one just signed with A-M Polymers and especially with the stock so undervalued, ACMG represents a tremendous potential to long-term investors.

About Alcar Chemicals Group

The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.

To hear more about ACMG from Alexander P. Cavasin go to: http://www.publiccoreport.net/featured/ACMG/company.asp and http://******************.com/.

Important Information About Forward-Looking Statements

All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.


Source: Market Wire (June 21, 2006 - 9:00 AM EDT)

News by QuoteMedia
www.quotemedia.com

Posts: 242 | Registered: Aug 2005  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
SKFT (.08) Covelight Systems and StrikeForce Partner to Offer Risk-Based Authentication for Web Applications
Joint Offering Allows Financial Institutions to Achieve FFIEC Compliance to Eliminate Fraud in the Online Channel While Keeping End Users Satisfied
Jun 21, 2006 1:23:00 PM

EDISON, NJ -- (MARKET WIRE) -- 06/21/06 -- StrikeForce Technologies (OTCBB: SKFT), a leader in solutions that prevent identity theft, and Covelight Systems, an innovator of solutions for passive, real-time identity-based monitoring of Web applications to detect fraud and identity theft, today announced a strategic partnership that will deliver a comprehensive risk-based authentication solution to financial institutions by securing their Web applications without slowing down transactions for the end-user by only requiring multiple authentication when necessary during their online experience.

The integrated solution consists of the StrikeForce ProtectID(TM) and the Covelight Percept(TM) Web application fraud management system, which together provides a complete, easy-to-deploy solution that meets the FFIEC Guidance for online banking protection and delivers proven security to combat online threats to customer data. Combining authentication technology from StrikeForce and passive, real-time monitoring outside of the data stream from Covelight, financial institutions will be able to provide secure online banking experiences for their customers without degrading their transaction experience. With Covelight Percept(TM) in place, users will only have to go through additional authentication processes when Covelight Percept(TM) detects unusual or risky behavior. Benefits to financial institutions include:

-- Easy-to-deploy and maintain
-- Strong authentication with multiple layers and multi-factors
-- Device flexibility for financial institutions and their customers
-- Network-based fraud management not reliant on server logs or agents
-- Right-sized authentication based on real-time assessment of online
user risk -- from the first click through final transaction
-- A fraud investigation platform, including a complete session audit
trail attributed to the individual application users


StrikeForce Technologies' ProtectID(TM) multi-factor authentication platform offers third-party technology providers and banks the flexibility to select from numerous authentication methods, including cell phones, PDAs, soft and hard tokens, smartcards, and biometric devices. In the most common implementation, users answer an "Out-Of-Band" phone call and enter a PIN on the keypad of the phone to verify their identity and authorize each transaction. As an alternative or back up, StrikeForce can e-mail one-time passwords, or turn a PDA, blackberry, or computer into a one-time password generator, eliminating the need to carry or purchase new technology. By bundling multiple authentication methods together, ProtectID(TM) permits choice by consumers, reinforcing bank security policy while providing the type of redundancy banks expect of their operational systems.

"In response to the FFIEC Guidance, financial institutions are seeking to implement a simple, layered, user authentication experience," said StrikeForce CEO Mark Kay. "Through the integration with Percept(TM), banks will be able to easily tie the user authentication to user behavior and dynamic events, providing the real-time solution that put consumers in control of their accounts and transactions while mitigating attacks and fraud."

Beginning with the initial access, through login and during the entire session, Percept(TM) monitors each user and their online patterns, and automatically builds behavioral profiles allowing real-time detection of suspicious or high-risk activity. In addition, Percept(TM) maintains detailed session and transaction logs and offers an incident investigation console to facilitate fraud case management and on-demand session audits.

The Covelight Percept(TM) Web application fraud management system incorporates network-based monitoring, multi-dimensional fraud detection and scoring to evaluate each user's session risk in real-time. If at any time during the user's session the Percept(TM) risk score exceeds a threshold, ProtectID(TM) will invoke the appropriate method of authentication.

"Covelight Percept(TM) is a proven fraud management solution that has been successfully deployed in leading financial institutions since 2004," said Covelight CEO Spencer Snedecor. "By integrating Percept(TM) with ProtectID(TM), we are delivering a complete risk-based authentication solution for protecting their sensitive online customer base."

About StrikeForce Technologies

StrikeForce Technologies, a leader in solutions that prevent identity theft, is a company that can protect customers, partners and employees -- in real-time against identity fraud at almost every access point. Its total protection solution strengthens companies' defenses against the biggest points of fraud -- when accounts are opened, when they're accessed, when they're changed, and each time there's a new transaction. StrikeForce Technologies is trading on the OTC bulletin board (SKFT) and the company is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or (866) 787-4542.

About Covelight Systems

Covelight Systems is the field-proven leader in passive, real-time identity-based monitoring of Web applications to protect confidential data from online fraud and identity theft. Covelight's products, including Percept(TM) and FraudProbe(TM), provide real-time visibility into critical Web applications, detect suspicious behavior, provide continuous identity-based auditing for compliance, and forensic data for incident investigation. Only Covelight delivers solutions to detect the external and internal threats to confidential information and identity data accessed through Web applications, including account takeover fraud, insider identity theft, phishing activity and session hijacking. For more information, go to www.covelight.com or call at (919) 677-9680.

For StrikeForce:
George Waller
(732) 661-9641
gwaller*strikeforcetech.com

StrikeForce Investor Relations:
Darren Bankston
Piedmont IR
(678) 455-3696
info*piedmontir.com

Richard Cooper
Strategic Growth International
(212) 838-1444
rcooper*sgi-ir.com

For Covelight:
Kristin Canders
Acaggio Public Relations
207-974-7744
Kristin*acaggio.com

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
traderofcents
Member


Member Rated:
4
Icon 1 posted      Profile for traderofcents     Send New Private Message       Edit/Delete Post   Reply With Quote 
Quest Minerals & Mining Corp. (OTCBB: QMMG) , a Kentucky based operator of energy and mineral related properties, announced today that it has filed a complaint in the United States District Court for the Eastern District of Kentucky against Community Trust Bank of Ashland, Kentucky, and several individuals, seeking in excess of $100,000,000 in compensatory damages plus treble and punitive damages for fraud, negligence, gross negligence as well as violations of federal and state RICO statutes.

Quest alleges that Community Trust Bank allowed certain of its officers and employees and several co-conspirators to engage in a check-kiting scheme that resulted in the misappropriation of at least $500,000 from Quest and damage to the shareholders of Quest in the amount of $108,325,000 by destroying Quest's ability to do business and ultimately causing Quest to cease operations at its sole operating mine at Slater's Branch, Kentucky, forcing it to raise additional funding under difficult circumstances, radically reducing the value of the shares of Quest, and otherwise destroying the good name and credibility of Quest.

Quest's counsel, Dennis Kelley of Ashland, Kentucky, stated, "We have brought this action against Community Trust to recover massive losses that Quest and its stockholders have incurred as a result of Community Trust's malfeasance. In my opinion, Community Trust oversaw the activities of the branch manager in question and either failed to understand that fraud was present or overlooked the fraud in order to increase bank profits. Further, Community Trust certainly failed to warn Quest's Board of the manager's illegal activities. We intend to aggressively pursue our goal of recovering fair value from Community Trust for the harm caused to Quest, its business, and its stockholders by Community Trust's actions."

Quest's new President, Eugene Chiaramonte, Jr., added, "Community Trust's actions have caused Quest and its stockholders substantial harm. We are bringing this lawsuit to recover fair value for that harm to our stockholders and to hold the bank responsible for its wrongdoings. We believe that this case will expose the nature and extent of the illegalities that occurred at the bank, and we are committed to seeing it through."

About Quest Minerals & Mining

Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questminerals.com.

Forward-Looking Statements

Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as Quest Minerals and Mining "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe Quest Minerals and Mining's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of Quest Minerals and Mining, as appropriate, which could cause actual results to differ materially from those currently anticipated, including, but not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties in accelerating sales growth, difficulties identifying and acquiring complementary businesses, restrictive covenants in its existing credit facilities, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, and other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission. These forward-looking statements are only made as of the date of this press release and Quest Minerals and Mining does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

CONTACT:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr.
973-684-0075

Copyright 2006 Market Wire

Back to Recent News

Posts: 69 | From: Seattle | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
J_U_ICE
Member


Member Rated:
4
Icon 1 posted      Profile for J_U_ICE     Send New Private Message       Edit/Delete Post   Reply With Quote 
QMMG (.041) Files Lawsuit Against Community Trust Bank
Jun 21, 2006 1:26:00 PM

PATERSON, NJ -- (MARKET WIRE) -- 06/21/06 -- Quest Minerals & Mining Corp. (OTCBB: QMMG) , a Kentucky based operator of energy and mineral related properties, announced today that it has filed a complaint in the United States District Court for the Eastern District of Kentucky against Community Trust Bank of Ashland, Kentucky, and several individuals, seeking in excess of $100,000,000 in compensatory damages plus treble and punitive damages for fraud, negligence, gross negligence as well as violations of federal and state RICO statutes.

Quest alleges that Community Trust Bank allowed certain of its officers and employees and several co-conspirators to engage in a check-kiting scheme that resulted in the misappropriation of at least $500,000 from Quest and damage to the shareholders of Quest in the amount of $108,325,000 by destroying Quest's ability to do business and ultimately causing Quest to cease operations at its sole operating mine at Slater's Branch, Kentucky, forcing it to raise additional funding under difficult circumstances, radically reducing the value of the shares of Quest, and otherwise destroying the good name and credibility of Quest.

Quest's counsel, Dennis Kelley of Ashland, Kentucky, stated, "We have brought this action against Community Trust to recover massive losses that Quest and its stockholders have incurred as a result of Community Trust's malfeasance. In my opinion, Community Trust oversaw the activities of the branch manager in question and either failed to understand that fraud was present or overlooked the fraud in order to increase bank profits. Further, Community Trust certainly failed to warn Quest's Board of the manager's illegal activities. We intend to aggressively pursue our goal of recovering fair value from Community Trust for the harm caused to Quest, its business, and its stockholders by Community Trust's actions."

Quest's new President, Eugene Chiaramonte, Jr., added, "Community Trust's actions have caused Quest and its stockholders substantial harm. We are bringing this lawsuit to recover fair value for that harm to our stockholders and to hold the bank responsible for its wrongdoings. We believe that this case will expose the nature and extent of the illegalities that occurred at the bank, and we are committed to seeing it through."

About Quest Minerals & Mining

Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questminerals.com.

Forward-Looking Statements

Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as Quest Minerals and Mining "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe Quest Minerals and Mining's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of Quest Minerals and Mining, as appropriate, which could cause actual results to differ materially from those currently anticipated, including, but not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties in accelerating sales growth, difficulties identifying and acquiring complementary businesses, restrictive covenants in its existing credit facilities, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, and other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission. These forward-looking statements are only made as of the date of this press release and Quest Minerals and Mining does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

CONTACT:
Quest Minerals & Mining Corp.
Eugene Chiaramonte, Jr.
973-684-0075

--------------------
The difference between genius and stupidity is that genius has its limits

Posts: 10204 | From: NYC | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
dalton05
Member


Rate Member
Icon 1 posted      Profile for dalton05     Send New Private Message       Edit/Delete Post   Reply With Quote 
News for 'NEXH' - (Nexia Reports Release of Lien)


SALT LAKE CITY, Jun 21, 2006 (BUSINESS WIRE) -- Nexia Holdings Inc.
(OTCBB:
NEXH) announced that its subsidiary Wasatch Capital Corp., the owner of the Wallace Bennett Building, located on 100 South in downtown Salt Lake City, has received a complete Release of Lien, which releases the claims of Hallmark Construction & Development LLC, in the amount of $94,541, for costs related to the improvements made to the Wallace Bennett Building during the year 2004. No additional payments, nor promises of payment, were made by Wasatch Capital Corp. in exchange for the Release of Lien.

Richard Surber, Nexia's president, said: "This release is a vindication of the company's position that it had fully paid for the construction and improvement made to the Wallace Bennett Building prior to the filing of the lien. I believe that this action will provide additional assistance in Wasatch Capital's efforts to obtain permanent long-term financing for the Wallace Bennett Building."

Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for Dec. 31, 2005, and its Form 10-QSB for the quarter ended March 31, 2006. Nexia's disclosures can be viewed at www.nexiaholdings.com or www.sec.gov. This press release is not a solicitation to buy or sell any securities. Nexia strongly encourages investors to only invest monies that they can afford to lose. Nexia is a high-risk security known as a penny stock.

This press release may contain forward-looking statements that are based on a number of assumptions, including the successful completion of the refinancing of the Wallace Bennett Building. Although Nexia Holdings believes these assumptions are reasonable, no assurance can be given that they will prove correct. These forward-looking statements involve a number of risks and uncertainties, including the completion of the due diligence by lenders on the Wallace Bennett Building and obtaining sufficient financing for the property. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

SOURCE: Nexia Holdings Inc.

Posts: 1086 | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share