Member Rated: posted November 06, 2006 09:23 -------------------------------------------------------------------------------- CalbaTech's Web Site Features New Interview with Chief Medical Officer Dr. Jason Tassel, M.D., from CalbaTech's Subsidiary, LifeStem, Inc.
Dr. Jason Tassel, M.D., Chief Medical Officer, LifeStem, Inc., the wholly-owned subsidiary of CalbaTech, was recently interviewed about LifeStem's progress and the importance of banking stem cells on Los Angeles radio station WKNX-1070. A link to the interview is now available at CalbaTech's web site: http://www.calbatech.com .
It will keep you updated about the proprietary method of stem cell banking that LifeStem is bringing to the marketplace; about why stem cells should be banked now, and about the promise of adult stem cell therapies. It also answers frequently asked questions about the storage process.
And if you've in a surfing mood, visit http://www.solanamedspas.com to learn more about LifeStem's Stem Cell MicroBank(TM) Service offered through Solana MedSpas' national network.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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Company Indicates Progress in Recently Reorganized Wholesale Sales Division
HOUSTON, Nov 06, 2006 (BUSINESS WIRE) -- GlobalNet Corporation (Pink Sheets:GLBT) announced today that its wholesale Internet Protocol (IP), long distance sales division has seen preliminary improvement in margins in the fourth quarter of 2006 over the third quarter of 2006. The company stated recent sales and business development appointments and subsequent strategy changes prompted initiatives that are believed by management to have positively impacted margins so far in the fourth quarter of 2006 over the third quarter of 2006.
In a recently filed current report on Form 8-K, the company indicated revenue for the third quarter of 2006 is expected to approximate $1.6 million, with the excess of revenue over direct costs of transmitting traffic approximating 2 to 3 percent. Revenues for the fourth quarter of 2006 are expected to increase over the third quarter, and the percentage of revenue over direct costs of transmitting traffic is also expected to increase. In the month of October, the company has noted an increase of revenue over direct costs of transmitting traffic, with the percentage in the wholesale IP product lines exceeding 6 percent for the month of October.
Currently, the company said it is reviewing its product offerings and intends to devote additional resources to wholesale IP offerings, while refining and reviewing its retail offerings. Such actions are anticipated to help support new initiatives in Voice over Internet Protocol (VoIP). The wholesale IP long distance business should strengthen GlobalNet's future offerings in VoIP products by leveraging the strengths of wholesale rates and carrier class infrastructure to compete in the higher margin IP and business IP product segments.
GlobalNet is presently reviewing discontinuation of some of its retail products to dedicate resources to the company's new area of focus, business VoIP or more specifically business data and voice convergence. The company is currently pursuing beta customers in the IP trunking and IP/PBX product categories. It expects to sign agreements with Beta customers in their respective product categories during the first quarter of 2007.
The company announced that it had entered into a Securities Purchase Agreement with its existing secured creditors on November 3, 2006 for the sale of (i) $160,000 in callable secured convertible notes (the "Notes") and (ii) stock purchase warrants to buy 10,000,000 shares of its common stock.
The Notes bear interest at 10%, mature three years from the date of issuance, and are convertible into GlobalNet's common stock, at the investors' option, at a conversion price, equal to the lower of (i) $0.03 or (ii) 15% of the average of the three lowest intraday trading prices for GlobalNet's common stock during the 20 trading days before, but not including, the conversion date (the "Variable Conversion Price"). Additionally, the company agreed to amend all previous notes to the existing secured lenders, aggregating to approximately $11.7 million of face value, to the same Variable Conversion Price from the previous variable conversion percentage of 20%.
GlobalNet Corporation will file a current report on Form 8-K with the Securities and Exchange Commission regarding other aspects of the Notes. The company has filed a current report on Form 8-K on November 1, 2006 that contains important additional disclosures regarding liquidity, capital structure, certain defaults and an update on the status of its audits. The reader is strongly encouraged to read both documents for this important information. GlobalNet's current reports on Form 8-K are available for free on the SEC's website at http://www.sec.gov.
About GlobalNet Corporation
GlobalNet Corporation, a Voice over Internet Protocol (VoIP) services company, provides outbound telecommunications traffic to Latin America and counts among its customers both Tier 1 and Tier 2 carriers. GlobalNet provides international voice, data, fax and Internet services on a wholesale basis over a private IP network to international carriers and other communication service providers in the U.S. and internationally. GlobalNet's state-of-the-art IP network, utilizing the convergence of voice and data networking, offers customers economical pricing, global reach and an intelligent platform that guarantees fast delivery of value-added services and applications. More information may be obtained from the company's website at www.gbne.net.
Safe Harbor for Forward-Looking Statements
From time to time, the company may issue news releases that contain "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, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. The financial data provided in this press release represent actual results. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated. These risks and uncertainties include, among other things, product price, volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
Fundacion PayPro Announces The Sale of 2 Billion Restricted Shares of PayPro, Inc. in PDRs at $0.04 Nov 6, 2006 10:38:00 AM Copyright Business Wire 2006
Fundacion PayPro announces the sale of 2 billion restricted shares of PayPro, Inc. in PDRs at $0.04.
PayPro Latin America, S.A. becomes the beneficiary of the Fundacion PayPro Panama by acquiring 2 billion restricted and Offshore shares through PDR's * $0.04.
Fundacion Founder and Protector Pedro Borges Fiol said, "We have become a very dynamic group of companies engaged in the commercial integration of Latin America into the Pan-American Economic development and of the rest of the world, while maintaining an ecological balance to protect flora, fauna and water resources promoting carbon neutrality through the microforests programs. To celebrate the anniversary of Panamas Independence and commitment to Latin American we acquired the restricted shares late Friday. We will very shortly begin to promote business and investment Tourism through PayPro Travel -- 'Come Visit Panama and see for yourself...'"
PayPro Latin America, S.A. was formed to coordinate all infrastructure projects and developments in Latin America, through Panama, which includes all micro forest and CO2 carbon neutrality programs, "A family's way to gain carbon (CO2) neutrality status."
A PDR (PayPro Depository Receipt) is a dollar-denominated negotiable certificate, issued outside the United States, that represents ownership of shares in a U.S. publicly traded company registered in the state of Nevada such as PayPro, Inc. The structure of a PDR includes a ratio, which correlates with the amount of PayPro shares to the receipt. A PDR can be cancelled for its underlying restricted shares at any time.
Our policy is to maintain that our SHARE and PDR's holders are informed regularly.
Financials will be released by Nov. 15. Further developments will be announced before the end of November 2006.
Posts: 4071 | Registered: Dec 2005
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PAIM -- Pearl Asian Mining Industries Inc. Com ($0.001)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Pearl Asian Mining Industries Enters into a Long-Term Agreement to Supply Gold Bullion with WIET LLC, Announces the New Telephone Numbers at its Philippine Headquarters
MANILA , Philippines, Nov 06, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (OTC: PAIM) announced today that it has recently entered into a long-term agreement to supply gold bullion with WIET LLC, an international import and export metals trading company headquartered in Philadelphia, Pennsylvania. The Memorandum of Agreement to Supply and Purchase Gold Bullion (MOASP) was signed last November 1st, 2006 by E. Pearl Asian, Founder/Chairman of Pearl Asian Mining Industries, Inc., and Mr. Roman Gudzyuk, President and CEO of WIET LLC. "More than just an agreement, this MOASP represents the start of a mutually beneficial partnership between PAIM and WIET LLC," stated E. Pearl Asian. "The Philippines has abundant gold reserves to supply the substantial volume to be purchased by WIET, initially agreed by both parties to be at least 10 metric tons of gold bullion. As a result, we are intensifying our exploration activities and gold trading from small-scale miners, as well, to meet this huge demand. In addition, our search is not limited to gold, as the MOASP covers the supply of other precious metals, such as but not limited to, silver, copper, and other ferrous or non-ferrous metals," E. Pearl Asian added.
The signing of the MOASP paves the way for the drafting and finalization of a contract which shall set a mutually agreeable trading and delivery scheme, including the duration of time over which the entire volume of gold bullion will be delivered and sold by PAIM to WIET. The said contract, once signed, is expected to provide a captive market for all the gold produced by Pearl Asian from its current small-scale mining operations, and for the gold bought from small-scale miners in its trading operations.
In another development, Pearl Asian Mining also announces the availability of the new telephone numbers and internet connection at its Philippine Headquarters: +632-567-5162 up to 66, with its telefax number: +632-567-5165. We apologize for any inconvenience the delay in its telephone installation has caused. We likewise apologize for the delay in posting of the gold vanity card page in the PAIM website, we are working to get this operating before the November 18th target for first gold vanity card deliveries.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Pearl Asian Mining Industries Inc.
CONTACT: Pearl Asian Mining Industries Inc. - Philippines Investor Relations: Gary Gotanco, 678-570-6538 or 310-728-6907 Mobile: 424-653-0189 e-mail: IR*PearlAsianMining.com URL: www.PearlAsianMining.com Fax: 877-317-4430
Copyright Business Wire 2006
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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SkyBridge Technology Group, Inc. 'SBTG' Announces Its Subsidiary (Sierra Pacific Aviation, Inc.) Will Provide Contract Crew for Premiere Air Charter's Cessna 421 and King Air 100 Aircraft Business Wire - November 06, 2006 12:42
LAS VEGAS, Nov 06, 2006 (BUSINESS WIRE) -- SkyBridge Technology Group, Inc.'s (OTC: SBTG) Board of Directors has announced today that its subsidiary Sierra Pacific Aviation, Inc. added another Part 135 pilot services contract with Premiere Air Charter in San Diego, CA. Sierra Pacific will provide contract crew for Premiere Air Charter's Cessna 421 and King Air 100 aircraft. This will continue to expand Sierra Pacific's pipeline for pilot placement which in turn enhances opportunity for Sierra Pacific existing and future Commercial and Airline Transport Pilots. "This is another strong sign of the growth of air charter, and we feel we are in a great position to service this growing market," said Scott Hughes, Vice President of Sierra Pacific.
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.
CBL Consulting Orders 500 S-XGen(TM) Ultra Mobile Personal Computers Monday November 6, 1:58 pm ET
LAS VEGAS, NV and BROOKLYN, NY--(MARKET WIRE)--Nov 6, 2006 -- Seamless Wi-Fi, Inc. (OTC BB:SLWF.OB - News) subsidiary Seamless Internet Inc. today announced that CBL Consulting of Brooklyn, NY has ordered five hundred (500) S-XGen(TM) Mobile Computing and Communications Devices. The S-XGen is the newest contender in the rapidly expanding Ultra Mobile Personal Computer (UMPC) class of minicomputers. CBL Consulting is a full-service Information Technology consulting company that offers a wide range of value-added services. (www.cblconsult.com)
We are excited with the momentum we are building behind the S-XGen and look forward to bringing it to market at the Consumer Electronics Show in January," said John Domerego, President of Seamless Internet. Seamless will be showing the S-XGen at the 2007 International Consumer Electronics Show (CES®) in Las Vegas, January 8-11 at the Sands Innovation Pavilion.
The S-XGen reservation site is at http://www.slwf.net, where in addition to reserving an S-XGen, interested parties can view the device and specifications and register to receive Seamless News.
About Seamless Wi-Fi
Seamless Wi-Fi, Inc. (www.slwf.net) is based in Las Vegas, Nevada, with three operating subsidiaries: Seamless Skyy-Fi, Inc. (www.skyyfi.com), Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) and Seamless Internet (www.seamlessinternet.com).
ADVERTISEMENT Seamless Skyy-Fi is forging a network of Wi-Fi Hot Spots in targeted geographic and vertical markets across the country and has achieved initial success providing hotel and retail Wi-Fi hotspots. Seamless Skyy-Fi is also the developer of the software program that provides the Wi-Fi user a Secure Internet Browsing (SIB) that encrypts the user's Wi-Fi signal.
Seamless Peer 2 Peer develops Phenom(TM) Virtual Internet Extranet encryption software, which provides SOX- and HIPAA-compliant secure peer mail, chat, file transfer, remote PC access, secure VoIP, video conferencing and white boarding in a two Mb client download.
Seamless Internet offers high security hosting services for Seamless Peer 2 Peer and Skyy-Fi clients and is not available for general public hosting services. Seamless Internet is also manufacturing and marketing the S-XGen, combination phone & mini-computer.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as SLWF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.
:: NEWS RELEASE Contact: R. Cromwell Coulson, Chairman and CEO Pink Sheets, LLC Issuer Services (212) 896-4420 issuers*pinksheets.com
FOR IMMEDIATE RELEASE:
New York, NY - November 6, 2006 - Pink Sheets, LLC today announced the introduction of new categories for the companies traded on the Pink Sheets Electronic Interdealer Quotation and Trading System. The decision to start categorizing each security traded on the Pink Sheets is a move to provide more transparency to investors on the ability and willingness of issuers to provide adequate public disclosure in a credible and timely manner. Pink Sheets is a quotation and trading venue that does not have minimum disclosure standards. Trading is driven by OTC market demand rather than the traditional exchange listing process. Therefore, categorizing securities by their level of disclosure will greatly enhance the capital formation process. The categories are based on the level, quality and timeliness of a company's disclosure. The initiative is similar to the various markets that NASDAQ uses to classify companies as well as the identifiers that NASDAQ and NYSE use to label companies that are late or delinquent in disclosure. Pink Sheets will implement the new categories on May 1, 2007.
Companies that have substantial operating businesses and provide credible disclosure to the public qualify for the premium tier OTCQX, which commences trading on January 2007. For more information on OTCQX, please see our website at www.otcqx.com. Approximately 20% of the current Pink Sheets or OTC Bulletin Board traded companies could qualify for an OTCQX listing. All Pink Sheets quoted securities of issuers that are not able or willing to meet the high standards of OTCQX will be placed in one of the following categories and labeled as such on www.pinksheets.com effective May 1, 2007:
* Emerging Equities List represents companies that provide credible disclosure, including GAAP audited financials, but may not have sufficient business operations to qualify for OTCQX. To qualify for this category, companies are required to provide a letter from an attorney regarding the quality of their disclosure. These companies will have an Emerging Equity List logo next to their symbol.
* SEC Current indicates that the companies are SEC reporting and current in their financial reporting. Pink Sheets will track filings made through the SEC's EDGAR system and automatically categorize a company based on their filing status.
* Adequate Current Information indicates companies that conform to Pink Sheets Guidelines for Providing Adequate Current Information. An audit is not required, but a letter from an attorney regarding the completeness of disclosure is required. Federal or state regulated banks, insurance companies and companies listed on non-U.S. stock exchanges will only need to supply the information they file with their primary regulator in English and will not be required to provide an attorney letter.
* Limited Information Available applies to companies with some information posted in the last six months, either through the SEC's EDGAR system or the Pink Sheets News Service, but may not be current or complete. A yield sign will be displayed next to the symbol. ( )
* Public Interest Concern is for stocks with unsolicited spam, questionable promotion or other public-interest concerns. A Skull and Crossbones icon ( ) will be displayed next to the symbol. If there is no current information available for a company that is the subject of unsolicited spam, their quotes will also be blocked on pinksheets.com.
* No Information is for all other Pink Sheets stocks. A stop sign will be displayed next to the symbol. ( )
The companies that wish to be designated as OTCQX or Emerging Equities List companies are required to submit an application as they will be agreeing to provide a minimum level of disclosure. Adequate Current Information and Limited Information Available require non-SEC-reporting issuers to subscribe to the Pink Sheets News Service to make the information publicly available.
"The creation of the OTCQX and the forthcoming Pink Sheets categories are the next step in our continuing efforts to improve the Pink Sheets trading environment," commented Cromwell Coulson, Chairman and CEO of Pink Sheets. "We have transformed the Pink Sheets from a nearly dormant paper-based quotation service to a fully integrated electronic quotation, trading and disclosure system with almost $25 billion in volume of trading in the first quarter of this year and market maker participation from 200 of the largest securities firms in the world. Because of our highly efficient trading platform, over 90% of inter-dealer trading in OTC Bulletin Board securities now trades through our systems. In addition, we have given issuers the ability to communicate with the investment public through our website, pinksheets.com, which registers over 100 million page views from investors each month."
Additional efforts to enhance transparency and investor confidence include successfully persuading the NASD to require its members to include Pink Sheets and OTC Bulletin Board securities in the monthly short-interest reports. Pink Sheets has also petitioned the SEC to create rules that would expose illegal promotion activities such as spam e-mails that can tarnish the reputation of good companies and diminish the price of their stock.
"Companies are known by the company they keep, and we hope that in providing these new categories, companies that provide disclosure to the public will clearly stand apart from those companies that are of lesser quality," concluded Mr. Coulson.
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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China 3C Reports Third Quarter Revenue of $42.6M, Net Income of $3.2M or $0.07 Per Share Monday November 6, 4:08 pm ET
Company Exceeds Previous Third Quarter Guidance for Both Revenue and Net Income; Company to Hold Conference Call on Tuesday, Nov. 7
ZHEJIANG PROVINCE, China, Nov. 6 /PRNewswire-FirstCall/ -- China 3C Group (OTC Bulletin Board: CHCG - News), a major retailer and distributor of consumer and business products, today reported revenue for the third quarter ended Sept. 30, 2006 increased 48.7% to $42,573,920, compared to $28,618,196 in the second quarter ended June 30, 2006. Net income was $3,223,854, or $0.07 per share, an increase of 42.5% compared to $2,262,695 in the second quarter, or $0.05 per share.
For the nine months ended Sept. 30, China 3C reported revenue of $84,642,865. Net income was $6,400,098, or $0.14 per basic and diluted shares.
China 3C CEO Mr. Zhenggang Wang said, "This has been a strong quarter for our company. Our financial results benefited from our newly acquired subsidiary, Sanhe Electronic Technology, which we acquired in the third quarter. The increase in our net sales was due to increased sales volume from new products and existing products as well as the inclusion of the acquisition. Income from operations for the third quarter was $4,946,870, or 11.62% of net sales, compared to income from operations of $3,366,915, or 12.12% of net sales, in the second quarter ended June 30, 2006. This increase was also due to costs of sales and selling and administrative costs and the inclusion of the newly acquired subsidiary.
"Even after the acquisition, cost of sales for the quarter remained stable at $35,974,772, or approximately 84.5% of net sales, compared to $24,347,343, or approximately 85.08% in the second quarter. Gross profit margin was 15.5%, compared to 14.92% in the second quarter, which also remained steady through the acquisition.
"General and administrative expense for the three third quarter totaled $1,652,278, or approximately 3.88% of net sales, compared to $903,938 or approximately 3.16% for the three months ended June 30, 2006. The increase of 0.72% was due to the inclusion of the newly acquired subsidiary during the quarter," Wang said.