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BKMP (.0003) Announces Storm Watch Is Coming, as The Fight Network Welcomes Wrestler Lance Storm as Its Newest Pro Wrestling Columnist
Market Wire "US Press Releases "
TORONTO -- (MARKET WIRE) -- 11/13/06 -- Blackout Media Corp.'s (PINKSHEETS: BKMP) The Fight Network™, North America's first and only twenty-four (24) hour combatant sports and entertainment channel, announced today that Pro Wrestler Lance Storm has joined The Fight Network as a weekly columnist across all of its distribution platforms (television, radio, mobile, and internet).
"Lance brings a wealth of insight and knowledge of the sport to us with this working relationship," said John Pollock, Producer and Managing Editor of The Fight Network's wrestling content. "From his early days of honing his craft with the legendary Hart family to stints in ECW, WCW and WWE, Storm has literally seen and done it all in the world of professional wrestling. I am confident fans will find his column entertaining and thought provoking each and every week," he added.
Storm will contribute a weekly column entitled "STORM WATCH" for www.thefightnetwork.com, providing an insider's perspective on a wide range of topics that resonate through out the industry. Storm's columns will appear along side other professional athletes from the areas of mixed martial arts, boxing and pro wrestling under the section Tough Talk! "Where the Pros speak their minds."
"I love to be involved with wrestling in many capacities," said Storm "I run my own wrestling school in Calgary and having my own column published each and every week through Fight Network's various media outlets is an exciting way for me to stay connected with the fans who have given me so much over the years," he added.
The first "STORM WATCH" column debuts Tuesday, November 14th in The Fight Network's new Tough Talk! section on its website.
About The Fight Network:
The Fight Network is a cross-platform media company with brand interest in television, pay-per-view radio, mobile and web. All five of these media offerings are seamlessly integrated to offer fans of combatant sports and related entertainment a true convergence experience. The Fight Network Inc. corporate headquarters is located in Toronto, Canada. Additional information on the company can be found at www.thefightnetwork.com.
About Blackout Media Corp.:
Blackout Media Corp. is a holding company with an interest in Blackout Communications who is a diversified media and entertainment company conducting operations in digital television, VOD, PPV, radio, the Internet and print under the brand name "The Fight Network." The activities of Blackout Media Corp. are conducted principally in Canada and the United States.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact: Stephen Murdoch OEB International C/O The Fight Network Inc. Public Relations/Public Affairs Bus: (905) 682-7203 extension 22 Fax: (905) 682-7481 E-mail: smurdoch*oeb.com
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GLXI (.10) Issues Update on Negotiations to Acquire Ethanol Permits in Brazil
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 11/13/06 -- Globex, Inc. (PINKSHEETS: GLXI) today announced that is in negotiations with five Brazilian Private Organizations to acquire national ethanol permits. These organizations were selected by Globex from the numerous interested businesses and individuals that approached the Company. The organizations range from parties with a vested interest in converting biomass into energy, to large-scale industrial corporations with a mandate to invest in high-technology companies with high rates of growth.
These permits will allow Globex to construct an ethanol plant in Brazil. Globex's plans, which are to build an ethanol plant that will employ its proprietary supercritical fluid (SCF) pre-treatment technology and produce ethanol by using residues from crops; wood chips; and pulp and paper, have been received favourably by the Brazilian organizations. Globex expects that a Memorandum of Understanding with respect to the purchase of the permits will be completed and signed in the near future.
About Globex, Inc.
The mission of Globex, Inc. is to develop conversion technologies and methods related to the production of alternative 'green' energy. Our objectives are to become an important player in the high-growth ethanol industry and, in turn, establish a strong position in the green energy industry. Globex's goal is to capitalize on the rapid rise in the demand for ethanol that is being driven by the energy bill passed by the U.S. Congress last year, which mandates the use of ethanol as a fuel additive rather than MBTE in order to reduce greenhouse gas emissions. In particular, the bill requires an increase in ethanol use by refiners to 7.5 billion gallons by 2012, which is nearly double the current total of about 4 billion gallons per year.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy*sympatico.ca.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: Globex, Inc. Michel Benoit Ph# (514) 288-8494 E-mail: Globexenergy*sympatico.ca URL: www.globexgreenenergy.com
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EQBM (.007) asset sale to Soma Petroleum Limited (SOMA) results in share dividend
PR Newswire "US Press Releases "
CHEYENNE, WY, Nov. 13 /PRNewswire-FirstCall/ - Equitable Mining Corp. (EQUITABLE), a resource company trading as EQBL on PinkSheets.com and E5W on the Frankfurt Exchange, is selling assets to Soma Petroleum Limited (SOMA) an oil and gas resource company in exchange for SOMA shares.
This is being done to enable EQUITABLE to partner with SOMA in joint ventures worldwide. SOMA has far reaching connections and partnerships in the African market. EQUITABLE is selling fifty percent of its oil and gas leaseholds in Somaliland (East Africa) in exchange for cash and marketable securities.
The company, will in turn, issue as a dividend the shares it owns in SOMA to EQUITABLE shareholders on record as of November 24, 2006. The shares will be distributed as a special unit containing one share of SOMA and a warrant to purchase an additional share at $0.78 USD for every fifty shares of EQUITABLE. The warrant has an expiry date of December 24, 2006.
Details on the dividend transfer and the warrant issue will be released later this week.
"This transaction will allow EQUITABLE shareholders to realize value in the company's assets," said Mr. Lawrence Skolnik, EQUITABLE President.
About EQUITABLE
Equitable Mining Corporation is a rapidly expanding company focused on acquiring, exploring, developing and extracting mineral rights worldwide. Projects include the Bonanza Property in Canada's high-yield Red Lake Gold Camp, an acquisition in progress in Colombia, a memorandum of understanding for a precious metals mine in China, and ongoing acquisition programs in mineral-rich areas of North America, South America and Australasia. The company is leveraging its deep industry expertise and extensive contacts to recruit mining industry veterans and expand its search for quality gold and other precious metals-bearing properties in the Americas and Australasia. For more information visit www.equitablelifeinvestments.com.
About SOMA PETROLEUM
SOMA is a US registered corporation that has interests in old and gas projects in the Horn of Africa. It has partnered with leading resources developers including Inter-Continental Petroleum Co. Ltd (ICPC), a China-based oil and gas exploration company. ICPC has an extensive international track record in oil and gas. www.somapetroleum.com
Information presented in this newsletter contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. 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 on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects'", "will," "anticipates," "estimates," "believes," "understands" or that by statements indicating certain actions "may," "could," or "might" occur.
SOURCE Equitable Mining Corp.
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