Bio-Solutions Manufacturing, Inc. Announces The Ashcroft Group Agreement via COMTEX
December 8, 2006
LAS VEGAS, Dec 08, 2006 (BUSINESS WIRE) --
Bio-Solutions Manufacturing, Inc. (OTC BB: BSLM) (Frankfurt: B2T.F) announces the finalized agreement with The Ashcroft Group, LLC, lead by former Attorney General of the United States, John D. Ashcroft.
"We are very pleased to have The Ashcroft Group as a business partner, and we are looking forward to the opportunities this venture will bring," says Mr. David Bennett, President and CEO of Bio-Solutions Manufacturing, Inc.
"This relationship gives us the ability to develop and market our bio-diesel and environmental products at the Federal, State and Municipal levels as well as in selected commercial areas."
"They have been engaged to secure access to the highest levels of decision makers who are concerned with reducing environmental pollution from organic waste and securing cheaper and more reliable supplies of diesel fuel. Not only are we targeting municipalities but also a wide range of 'closed loop' environments such as correctional facilities and military installations where grease waste is produced and the converted bio-diesel is in high demand."
"Commercial landfills and large trucking companies need to reduce environmental pollution from their grease deposits and petro-diesel exhaust fumes - The Ashcroft Group can help us secure and leverage the co-operation needed between public and private interests in these areas."
About Bio Solutions Manufacturing, Inc.:
Bio Solutions has developed superior microbiological formulations for waste bioremediation and currently provides these products to many municipal collection systems and a growing number of food service facilities in the United States.
Bio-Solutions' products treat waste in an environmentally friendly and safe manner in compliance with Federal and State government standards.
Bio Solutions recently acquired a unique patented grease extractor to be used in conjunction with its' bioremediation solutions to extract desired oil and grease to be converted into value-added products, such as bio-diesel fuel.
Bio Solutions has also developed a line of soil amendment products and procedures to target the improvement of poor soil due to fertilizer burn-out or soil compaction.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. Copyright 2006 Market Wire, All rights reserved.
SOURCE: Bio-Solutions Manufacturing, Inc.
Bio-Solutions Manufacturing, Inc. David S. Bennett, President, 239-404-3623 Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
Marmion Industries Corp Announces Commencement of Work Under $998,250 Contract 12/8/2006
HOUSTON, Dec 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO) (M6IA.F) announced today that it has commenced work under its contract with JOA Construction, Ltd. of Houston, Texas to perform all HVAC work in connection with the construction of the DeBakey High School located in Houston, Texas. Per its terms, Marmion would receive up to $998,250 for this project upon successful completion. This amount does not include change orders, if any, during the course of the contract which could increase the total value of such contract. We previously announced receipt of the contract with JOA relating to this project on June 7, 2006. Construction is currently expected to be completed by the end of December 2007.
Marmion Industries Corp (http://www.marmionair.com ) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, as well as the Louisiana State Licensing Board of Contractors (Lic. No. 44001) as a contractor in the field of Commercial Heating Ventilation and Air Conditions and Sheetmetal. The Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele.
Contact number 713-466-6585.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein the statements in this news release are forward- looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
The Immune Response Corporation Announces That Previously Approved One-for-100 Reverse Stock Split Will Take Effect on December 20, 2006 12/8/2006
CARLSBAD, Calif., Dec 08, 2006 (BUSINESS WIRE) -- The Immune Response Corporation (OTCBB:IMNR), an immuno-pharmaceutical company focused on developing products to treat autoimmune diseases and HIV/AIDS, announced today that it will make a one-for-100 reverse stock split of its common stock. On a pre-split basis, Immune Response Corporation has approximately 900 million basic shares of common stock outstanding as of the end of trading on December 4, 2006. As a result of the reverse stock split, every 100 shares of common stock will be combined into one share of common stock and the total number of basic shares outstanding will be reduced to approximately 9 million.
The reverse stock split will take effect upon the open of markets on December 20, 2006. Immune Response's common stock will trade under the symbol "IMNRD" for 20 days to designate that it is trading on a post reverse split basis. The stock will resume trading under the symbol 'IMNR' on or about January 19, 2007.
"We believe that the reverse stock split will position Immune Response's stock in a price range that is more attractive to a broad range of institutional investors as well as members of the sell-side community," said Dr. Joseph O'Neill, President and CEO. "Further, this capital restructuring may enable us to seek a listing for our common shares on one of the major stock exchanges or marketplaces which will enhance our visibility in the marketplace. Our decision to undertake the reverse stock split was done in anticipation of progress in our clinical programs. In particular, IRC expects to inject the first patient with NeuroVax(TM) in the next month and is looking forward to seeing interim 36-week data early next year in its HIV/AIDS program. I firmly believe that Immune Response has the strategy, science, people and ultimately the capital structure in place to deliver long-term shareholder value."
Instead of the Company issuing any fractional shares as a result of the reverse split, stockholders will receive cash payments for such fractions.
Immune Response shareholders approved this action at a special meeting on April 11, 2006.
About The Immune Response Corporation
The Immune Response Corporation (OTCBB:IMNR) is an immuno-pharmaceutical company focused on developing products to treat autoimmune and infectious diseases. The Company's lead immune-based therapeutic product candidates are NeuroVax(TM) for the treatment of MS and IR103 for the treatment of HIV infection. Both of these therapies are in Phase II clinical development and are designed to stimulate disease pathogen-specific immune responses aimed at slowing or halting the rate of disease progression.
NeuroVax(TM), which is based on the Company's patented T-cell receptor (TCR) peptide vaccine technology, has shown potential clinical value in the treatment of relapsing forms of MS. NeuroVax(TM) has been shown to stimulate strong, disease-specific cell-mediated immunity in nearly all patients treated and appears to work by enhancing levels of FOXP3+ Treg cells that are able to down regulate the activity of pathogenic T-cells that cause MS. Increasing scientific findings have associated diminished levels of FOXP3+ Treg cell responses with the pathogenesis and progression of MS and other autoimmune diseases such as rheumatoid arthritis (RA), psoriasis and Crohn's disease. In addition to MS, the Company has open Investigational New Drug Applications (IND) with the FDA for clinical evaluation of TCR peptide-based immune-based therapies for RA and psoriasis.
IR103 is based on the Company's patented, whole-inactivated virus technology, co-invented by Dr. Jonas Salk and indicated to be safe and immunogenic in extensive clinical studies of REMUNE(R), the Company's first generation HIV product candidate. IR103 is a more potent formulation that combines its whole-inactivated antigen with a synthetic Toll-like receptor (TLR-9) agonist with the intent to create enhanced HIV-specific immune responses. The Company is currently testing IR103 in two Phase II clinical studies as a first-line treatment for drug-naive HIV-infected individuals not yet eligible for antiretroviral therapy according to current medical guidelines.
NeuroVax(TM) and IR103 are in clinical development by The Immune Response Corporation and are not approved by any regulatory agencies in any country at this time. Please visit The Immune Response Corporation at www.imnr.com.
This news release contains forward-looking statements. Forward-looking statements are often signaled by forms of words such as should, could, will, might, plan, projection, forecast, expect, guidance, potential and developing. Actual results could vary materially from those expected due to a variety of risk factors, including whether the Company will continue as a going concern and successfully raise proceeds from financing activities sufficient to fund operations and additional clinical trials of NeuroVax(TM) or IR103, the uncertainty of successful completion of any such clinical trials, the fact that the Company has not succeeded in commercializing any drug, the risk that NeuroVax(TM) or IR103 might not prove to be effective as either a therapeutic or preventive vaccine, whether future trials will be conducted and whether the results of such trials will coincide with the results of NeuroVax(TM) or IR103 in preclinical trials and/or earlier clinical trials. A more extensive set of risks is set forth in The Immune Response Corporation's SEC filings including, but not limited to, its Annual Report on Form 10-K for the year ended December 31, 2005, and its subsequent Quarterly Reports filed on Form 10-Q. The Company undertakes no obligation to update the results of these forward-looking statements to reflect events or circumstances after today or to reflect the occurrence of unanticipated events.
REMUNE(R) is a registered trademark of The Immune Response Corporation. NeuroVax(TM) is a trademark of The Immune Response Corporation.
SOURCE: The Immune Response Corporation
Company Contact: The Immune Response Corporation Michael K. Green, COO and CFO, 760-431-7080 info*imnr.com or Investor Contacts: Makovsky & Company Gene Marbach, 212-508-9645 gmarbach*makovsky.com or ROI Associates Robert Giordano, 212-495-0201 rgiordano*roiny.com
Copyright Business Wire 2006
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
Favored(R) Inc. Renews Agreement With Indiana Crop Association for 2007 FAVORED® Inc. (PINKSHEETS: FVRD) announced today that it has renewed its commitment with Indiana Crop Association. Indiana Crop Association is the Independent Third Party Auditing system for the FAVORED® Inc System.
Indiana Crop Association has worked with FAVORED® to develop and monitor protocols for both seed and grain handling. Dr. Claude Page, President and CEO of FAVORED®, and Larry Svajgr, Executive director for ICIA, met Dec. 7th and confirmed their commitment and renewal of their contract for calendar year 2007.
About Indiana Crop Association
An ISO 9001:2000 Registered Company, the Indiana Crop Improvement Association, Inc. exists to deliver unbiased, needed services to customers in the seed, grain, food, and related industries. As a non-profit, self-supporting agency, ICIA objectively carries out various seed programs including seed certification, laboratory testing and other quality assurance programs.
The Association's office and seed laboratory facilities are located in Lafayette, Indiana. Though not on campus, the Association has a strong working relationship with Purdue University, as all ICIA full-time staff are associates in the Purdue Agronomy Department.
For more information you can research and view their website at www.indianacrop.org
About FAVORED® Inc.
The all-natural FAVORED® System delivers food products that carry the assurance of being completely traceable from origin to consumer (from "seed to plate"). Its patent-pending system focuses on those traits that today's consumers desire; products free from growth hormones and antibiotics and produced with only non-genetically modified feed rations.
FAVORED® Inc, therefore, participates in a market segment that represents approximately 33% of the U.S. population. In fact, sales to consumers who demand natural/organic foods now exceed US $30 billion each year.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
PANAMERSA Corporation/PayPro, Inc. Message to Shareholders Concerning 4th Quarter Dividend Micheal Scott Terrell, President & CEO of PANAMERSA Corporation/PayPro, Inc, (Pink Sheets:PYPR) a US Public Company based in Dallas, Texas, U.S.A., and the Board of Directors met again today in Panama City and voted to send this message to all legal shareholders of PYPR Common stock as of December 20, 2006.
Agreed as follows:
In order to transfer beneficial ownership of the 4th Quarter Dividend, "One square meter of the Corobici Wildlife Refuge, Canas, Guanacaste, Costa Rica, Central America, for every 10,000 shares of common stock", the board is requesting all shareholders contact their broker to make sure they are listed as a Non Objecting Beneficial Owner (NOBO) before December 20, 2006, the record date, which will assist the company in a more accurate accounting of the company's shareholders position. In addition the company will make available a web portal so each shareholder can register to be part of the Fundacion PayPro. PDRs, which represent beneficial ownership of their underlying assets, cannot be transferred through a third party (i.e. Stock Broker). All PDR's must be issued directly to the beneficiary. The Fundacion under Panamanian law cannot disclose any information about PDR holders, which includes names, amount of shares owned, number of square meters, etc, to any third party. PayPro Incorporated has authorized sufficient number of square meters of the Corobici Wildlife Refuge Canas, Guanacaste, Costa Rica, Central America to transfer, to all legally registered shareholders, their dividend on the 22nd day of January 2007. More information as to the exact instructions will be released after December 20, 2006 record date.
Micheal Scott Terrell, CEO of PANAMERSA Corporation/PayPro, Inc speaking on behalf of the board stated, "The Board felt it of great importance that all of our shareholders rightfully get their dividend so we have set aside a limited number of additional square meters for brokerage firms who may have miscalculated and sold more shares than they actually have CERTS. Those brokerage houses may contact me personally in writing at mike*gopaypro.com and state the number of shares they are short, the names of the shareholders that bought them, and I will make available to them the dividend for $1,000.00 per square meter on a first come first serve basis. It is very important to have integrity in the marketplace and any firm discovered to have deprived one of our shareholders of their dividend by selling stock they do not legally own will be prosecuted to the full extent of the law."
About PANAMERSA Corporation/PayPro Incorporated:
PANAMERSA Corporation/PayPro Incorporated (PYPR) is a holding company for a group of business enterprises which promotes the commercial integration of Latin America into the economic development of the Western Hemisphere, and is engaged in global e-commerce and e-biz Solutions offering interactive e-commerce and e-biz programs.PANAMERSA Corporation/PayPro offers a range of goods and services ON LINE as follows:
Prepaid Debit cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, MicroForests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection; Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward Looking Statements is not historical fact as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
PANAMERSA Corporation/PayPro, Inc. Micheal Scott Terrell, 214-774-4870
Source: Business Wire (December 9, 2006 - 7:29 PM EST)
posted
SLJB -- Sulja Bros Building Supplies Ltd. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: SLJB Announces Success in the Middle East
WINDSOR, ON, Dec 11, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) -- An SLJB spokesperson today stated; "We are pleased to announce the successful completion of a cement deal in the Middle Eastern region. We have successfully brokered a deal totaling 25,200,000 tonnes over the span of three years. The buyers have agreed to take delivery of 8,400,000 tonnes per year commencing immediately once the buyer completes their banking documents. These documents should be finalized later this week."
SLJB's lawyer in Lebanon, Fasl Abu Zahr (Lawyer ID Number 9598), has registered all relevant commission agreements with the Seller, the Sellers banking institution, and Government bodies.
CEO Steve Sulja stated, "Sam Sulja has returned from the Middle East after visiting Jordan, Lebanon, and Dubai to finalize this deal. Sam along with other key members of SLJB have been working on this and other similar deals in the region for the past few months. It is nice to see this deal come to a successful final completion considering previous deals we were working on did not finalize." He continued; "Our commission agreement guarantees us $0.90 USD per tonne. Complete details of this deal will be made available to our shareholders once the Buyer's banking documents are released to us. At that time the terms of our mutual NCND agreement will be fulfilled by all parties involved and we will be in a legal position to release the names of all those involved."
CEO Steve Sulja also stated, "During the course of this week, we will be providing our shareholders with updates on this and any other deal that has been completed. We will also provide a detailed explanation of the SLJB corporate structure and other questions sent to us by our shareholders. We will be doing this through our press releases. We are committed to the success of SLJB and will work to regain our shareholders' confidence over the coming weeks."
This may contain forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company makes every effort to update the marketplace relative to SLJB and similar companies in order to keep shareholders apprised of changes and/or new developments in the marketplace. Although the company makes every effort heretofore mentioned, the company cannot be responsible for omitting or failing to cover all aspects of an investor's reliance upon forward-looking statements. We also earnestly suggest that all potential investors contact a qualified investment consultant in the securities industry in order to aid them in making a sound investment decision.
SOURCE: Sulja Bros. Building Supplies, Ltd.
Copyright 2006 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Real Estate and Construction:Commercial Real Estate Real Estate and Construction:Construction Real Estate and Construction:Residential Real Estate
Search for Dun & Bradstreet reports on this company.
IP: Logged |
"Short selling," thundered Rep. Adolph J. Sabath, D-Ill., "is the greatest evil that has been permitted or sanctioned by the government that I know of." It was, in short, the cause of the Great Depression.
He was speaking at a House hearing in 1932 on his bill to make short selling illegal. Had such a ban been in place in 1929, he said, "I am satisfied that not one-half of the banks that were closed nor of the factories or other plants that were closed would have been closed, and there would not be 8 million or 9 million people out of employment, nor would there have been over 20 million people who lost all they possessed, due to the manipulation on the stock exchanges."
He was far from alone in making the argument. Short selling, said Rep. M. Clyde Kelly, R-Pa., "is a vicious practice, injurious to everyone except those who are seeking to profit through gambling." As to the merits of gambling, he quoted George Washington, "It is the child of avarice, the brother of iniquity and the father of mischief."
Kelly, too, attributed high unemployment to the short sellers - who borrowed shares they did not own, then sold them - saying they drove down stock prices and hurt sound companies.
Sabath's bill did not pass. But soon after the Securities and Exchange Commission was established in 1934, it sought to put limits on short sales. No longer could such sales be made any time a trader felt like doing so. Sales could be made only if the price was rising.
That rule, with minor adjustments, has survived ever since, a monument to Depression-era distrust of what were called "bear raids." In 1976, the SEC tried to weaken the rule but retreated in the face of hostile public reaction.
This week, though, the SEC proposed dropping the rule.
You may not have read of that proposal. It was virtually ignored by the news media, and if any companies are upset about it, they have not made themselves known. A pilot program that exempted some companies from the so-called uptick rule starting in 2005 drew little attention.
But this newfound acceptance of short sellers is deceptive. Those most exercised over the evils of shorts - and their comments sound very much like some of the bombast of 1932 - now say they have nothing against legitimate short selling. It is naked short selling they despise.
Naked short selling is the practice of selling stocks short without borrowing them. That leads to failures to deliver shares, although there is no agreement on just how bad a problem that is.
Wall Street firms tend to see it as a minor ill, and point out that naked short sellers will still have to pay up if the stock price rises. They also say that not all failures to deliver are caused by short selling, although no one seems to have any data on just how many failures come from other causes.
The SEC adopted a rule - called Regulation SHO, for short - in 2004. It led to the release of lists each day of stocks with a large number level of failures to deliver shares. Earlier this year, the commission proposed amendments that would toughen the rules, making it harder to execute naked short sales or to keep the positions open. Wall Street has protested that the changes could go too far, while some companies call them inadequate.
"We believe that some of the volatility in our stock may result from manipulative short-selling practices," Barry McCarthy, the chief financial officer of Netflix, a DVD-rental firm, told the SEC.
An analysis he submitted indicated that the highest volume of naked shorting in his stock tended to be at the highest prices, which would seem to be an indication that the shorts knew what they were doing. The company dropped off the failures list in late September, a few weeks before the stock shot up.
There is evidence that the naked shorts do not always do so well. Of the five stocks on the New York Stock Exchange or Nasdaq that have been on the list of large failures every day for a year or more, four are up since they began their regular appearances.
Those who want tougher rules tend to see short squeezes that drive up prices - by forcing shorts to buy back shares they cannot borrow - as a matter of simple justice. Many on Wall Street see them as market manipulation, and the SEC has traditionally agreed.
Christopher Cox, the SEC chairman, has tried to keep everyone happy and to obtain unanimous votes on a commission that was badly divided before he arrived. But that is not always possible, and the revised rules on failure to deliver, when the SEC produces them, will be a test of his ability to find compromises.
Micron Enviro Systems Announces Drilling to Commence On Alberta Oil Sands Prospect
Dec 11, 2006 03:01:11 (ET)
VANCOUVER, British Columbia, Dec 11, 2006 (*********wire via COMTEX) -- Micron Enviro Systems, Inc. (MENV, Trade ), (Frankfurt:NDDA), (WKN:A0J3PY), ("Micron") is pleased to announce that it has been informed by the operator that drilling is set to commence on one of its Alberta Oil Sands Prospects that it has interest in. Micron has forwarded all monies relating to drilling and seismic operations and it is anticipated that drilling and seismic will both be completed in December 2006. The seismic operations and test drilling will enable Micron to delineate the potential size of the oil sands resource in place. This prospect is in close proximity to Petrobank's Whitesands Project that they have reported has 1.6 billion barrels of bitumen in place.
Bernie McDougall, President of Micron stated, "This is the single most important event in the company's history since entering the massive Alberta Oil Sands. Having the operations including a test well and seismic operations to be underway is the event we have been waiting for almost a year to start. As it stands, Micron is one of if not the smallest market capitalized company in the world class Alberta Oil Sands. We are currently trading more than 60% percent below our recent high despite having more assets and now having operations commencing. We are extremely excited about the future of MENV through the final days of 2006 and into 2007. We anticipate that 2007 may also bring additional projects that may add significantly to our future growth."
The Oil Sands of Canada hold recoverable reserves of 175 billion barrels with a proven reserve life of 480 years and another 130 billion barrels of potential reserves, which is second only to Saudi Arabia's 262 billion barrels. As a comparison, the United States has only 29 billion barrels of recoverable reserves and has decreasing domestic production while their demand is increasing by 1-2% every year. Canada is in an optimal position to supply oil to the U.S. with its favorable political climate, close proximity and being one of the few non-OPEC countries which can grow its oil production. It is expected that over 100 billion dollars will be spent on developing the Alberta Oil Sands in the coming years.
In 2006, Micron added three additional Alberta Oil Sands leases consisting of 4 new sections in the world-class Athabasca Oil Sands region of which two of these new sections are within 5 miles of Micron's existing Athabasca Oil Sands Prospect. These two new sections are close to the existing Oil Sands leases held by Connacher Oil and Gas's Great Divide Prospect, as well as to other major Oil Sands projects by Devon, EnCana, and ConocoPhilips. The other new Alberta Oil Sands lease acquired consists of two contiguous sections that lie just southwest of the announced Royal Dutch Shell Plc Oil Sands leases which in 2006 were purchased for approximately $400 million.
Micron is planning to re-initiate a marketing plan to create additional awareness for the company as the oil and gas operations start up. There has been very little marketing since Micron changed its symbol to MENV, therefore management feels the market may not be aware of what Micron is doing. This plan will primarily be email based and will target 100 percent opt-in private and institutional investors that trade stocks in Micron's price range. This marketing plan will include increasing Micron's presence in Europe with a focus on Germany. Mr. McDougall further stated, "When you look at how the European market has benefited companies such as Universal Ppty Dev (WKN:A0ETWH), we feel that Micron will benefit substantially from increasing our European presence."
Micron is an emerging oil and gas company that has exposure to four separate leases in the Athabasca Oil Sands of Alberta, Canada, which is the largest Oil Sands region in the world, and has minor production from multiple conventional oil and gas wells. Micron's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. Micron continues to look for additional projects that would contribute to building Micron's market capitalization, including additional Oil Sands projects.
If you have any questions, please call Micron at (604) 646-6903. If you would like to be added to Micron's update email list, please send an email to info*micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at http://www.SEC.gov . For all details regarding working interests in all of MENV's oil and gas prospects or any previous news releases go to the SEC website. You should independently investigate and fully understand all risks before making investment decisions.
Itrepid Holdings' Subsidiary, My Healthy Access, Inc., Announces It Will Accept Blue Cross and Blue Shield of Texas Insurance Monday December 11, 7:30 am ET
HOUSTON--(BUSINESS WIRE)--My Healthy Access, Inc., Intrepid Holdings' (OTCBB:ITPD - News) clinic operating company has joined the Blue Cross and Blue Shield of Texas (BCBSTX) network as a provider of medical services. My Healthy Access Clinics are located in select Wal-Mart Supercenters in the Houston, Texas metro area.
ADVERTISEMENT click here My Healthy Access clinics are staffed with certified Nurse Practitioners, operating with physician oversight. These services include routine physicals, treatment for ear, eye, and skin infections among other essential preventive and routine health services. The clinics also offer screenings for such conditions as diabetes, high blood pressure, and high cholesterol, and routine laboratory tests for certain illnesses including prostate cancer, hepatitis, and certain STDs. Each clinic also offers flu shots and other vaccinations.
"Offering our services to the more than 4 million members from all 254 Texas counties within the BCBSTX network is significant for Blue Cross and Blue Shield of Texas members and marks another significant milestone for My Healthy Access," said Toney Means, President of My Healthy Access. "Our clinics provide a greater opportunity for individuals in the community to access quality and convenient healthcare. Providing services to individuals and families covered by Blue Cross and Blue Shield makes our clinics more convenient to a major group of Texas residents."
IP: Logged |
posted
WMDA (.06) New Internet Broadcast TV Network for Las Vegas Goes Global .... So What Happens in Vegas Now Goes Around the World
PR Newswire "US Press Releases "
LAS VEGAS, Dec. 11 /PRNewswire-FirstCall/ -- Watchit Media, Inc. (OTC: WMDA) today announced plans to launch its own Las Vegas lifestyle Internet broadcast television network. The launch of www.watchitvegas.com is scheduled at the stroke of midnight Pacific Standard Time December 31, 2006 to coincide with the start of the New Year. The format for Watchit's new network will be entertainment, news and information centered on The Entertainment Capital of the World.
Watchit announced its agreement last month with leading Internet broadcaster and social television pioneer, MediaZone. Watchit's Las Vegas lifestyle television network is set to launch on MediaZone's global shared streaming video platform in early January 2007. Commenting on the relationship, Michelle Wu, CEO of MediaZone, said, "We are thrilled to extend the reach of Watchit's original programming, which captures all the excitement of Las Vegas, to the world through a global online 24/7 social television channel."
"We've learned that the world's appetite for everything Vegas is really considerable," stated James Lavelle, Watchit Chairman and CEO. "In tandem with our partner, Total Vegas Television and its President, TV personality Robin Leach, Watchit is able to capture the magic and the allure of the Vegas lifestyle and produce highly entertaining network quality television programming every day of the year. As the first 'All Vegas All the Time' Internet TV network, Watchit blazes a new trail across the digital media landscape."
"The Internet has become the ideal platform for producing and presenting an all-Vegas programmed network," stated Robin Leach, Total Vegas Television's owner. "The success of our daily Vegas Luxe Life journal at America Online confirms the fact (www.vegaspopular.com/category/luxe-life ). During the past year we've attracted almost 5 million unique subscribers and the numbers grow daily. That alone proves the world's appetite for Vegas content! Together with Jim Lavelle's Watchit Captive Audience Network operation we expect to engage the global Internet broadcast television audience in an exciting 'Only in Vegas' experience 24/7/365," he added.
In addition to its entertainment, news and information programming lineup, Watchit is building interactive technology that will provide a way to directly interact with Watchit's viewers in a one-to-one experience. Watchit will solicit user generated content from around the world so that its viewers can submit their own style of Las Vegas entertainment and 'audition' on www.watchitvegas.com. "Our advertisers will want all of the benefits of knowing their products and services reach this heavy-spending key demographic. It's the ultimate advertiser's audience," stated Mr. Lavelle
About Watchit Media, Inc.
Watchit Media, Inc. is a leader in producing digital media and digital signage that matches the unique interests, lifestyles and buying behavior of captive audiences and one-to-one consumer digital device users. Watchit produces and presents brand advertising, promotional messaging and proprietary television programming to over 280 private television channels in the gaming and hospitality market across the United States. In addition our wholly owned subsidiary Watchit Entertainment, Inc. produces, licenses and distributes proprietary television programming and video content focused on the Las Vegas lifestyle across private, cable and Internet broadcast television networks world-wide.
Contact Information
James Lavelle Chairman and CEO Watchit Media, Inc. 3485 W. Harmon Avenue Las Vegas, Nevada 89103 Office: 702.740.1751 jlavelle*watchitmedia.com
SOURCE Watchit Media, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
LLTI (.03) and UTEK Corporation Sign Strategic Agreement to Identify & Market Patent Portfolio
PR Newswire "US Press Releases "
PHILADELPHIA, Dec. 11 /PRNewswire-FirstCall/ -- LaserLock Technologies, Inc. (OTC Bulletin Board: LLTI) today announced that it has signed a strategic agreement with Tampa-based UTEK Corporation (http://www.utekcorp.com) to assist the Company in identifying licensing partners for the company's portfolio of patents.
The announcement was made by Norman A. Gardner, Chairman & Chief Executive Officer.
"We are enthusiastic about working with UTEK to utilize their worldwide expertise in identifying potential business partners for non-security-related applications for our technologies," says Gardner.
"Up to this point, the Company has focused on security applications for the patents we have. The UTEK partnership will focus on much broader applications for our technology such as the entertainment, toy, lifestyle and apparel industries.
"The initial study of marketing opportunities has been completed by UTEK and potential licensees have been identified. The results have been very encouraging.
"The UTEK partnership is an ideal fit with our previously announced international business strategy which includes the acquisition of Paris-based ExaqtWorld S.A.R.L. and the Company's intention of listing its shares on the London Stock Exchange AIM Market."
ABOUT THE COMPANIES
LaserLock Technologies, Inc., based in Bala Cynwyd, PA, is publicly traded on the OTC-BB under the ticker symbol "LLTI". The Company markets security authentication systems to enhance the security of documents and branded products to meet the growing demand for protection from counterfeiting, diversion and reproduction on a color copier or scanner. It also markets security-related products to the casino gaming industry worldwide.
UTEK Corporation is a specialty finance company, headquartered in Tampa, Florida, which has created a progressive new business model to help companies grow rapidly with university technology. The Company operates in the US, the UK and Israel.
ExaqtWorld S.A.R.L., based in Paris, France, is a private company involved in the Electronic Article Surveillance (EAS) anti-shoplifting industry. Its patented Exaqt Security System is the first fully industrialized, market accepted, multi-tech system to be installed in the world. The Exaqt Security System simultaneously detects multiple EAS frequencies allowing for seamless integration of source tagging by manufacturers for the benefit of the Retail Industry.
FORWARD-LOOKING INFORMATION
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks and uncertainties. Actual results may differ materially from such forward-looking statements (a summary of which may be found in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2005 and the Company's Quarterly Report for the quarter ended September 30, 2006, in each case, under the caption "Risk Factors"). The Company does not undertake to publicly update or revise its forward-looking statements even if experienced or future changes make it clear that any projected results (expressed or implied) will not be realized.
SOURCE LaserLock Technologies, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
CRGO (.0085) Comments on Recent Acquisition of Technology to Detect Radiation Concealed in Cargo
Market Wire "US Press Releases "
INWOOD, NY -- (MARKET WIRE) -- 12/11/06 -- As Chairman of Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (BERLIN: CD6) (FRANKFURT: CD6) (FRANKFURT: 217026), I wanted to bring our shareholders up to date on a very exciting project the Company has recently embarked upon. We have recently acquired a company that has nuclear material detection technology with a patent pending. We believe the addition of this technology to our organization will put us on the path to becoming a leader in the development of technology that will detect radiation in ocean and air containers and hopefully will assist in making the countries around the world a more secure place.
The technology was developed by Dr. Ken Hofstetter from the Savannah River National Laboratory which is located in Akin, South Carolina, and is owned by the United States Department of Energy. The laboratory is currently operated for the D.O.E. by the Washington Savannah River Company, a wholly owned subsidiary of Washington Group International. The technology was specifically designed for the purpose of providing a device that could detect radiation in ocean and air containers. The device can be portable or can be used in a fixed installation such as airport screening, etc. This remarkable device can detect 97 to 98 percent of all radioactive isotopes.
This technology will not only help Cargo Connection Logistics protect its facilities and employees, but will assist us in our ultimate goal to assist in the protection of our country's ports and borders. Clearly port and border security is one of the most critical issues facing our Country, and we believe that the development of this product could not come at a more opportune time. A secondary goal is to extend this technology to airport security.
The new company, Nuclear Material Detection Technologies, Inc., a Florida corporation which is a subsidiary of Cargo Connection Logistics Holding, Inc., owns the patent for this technology, and it will become an asset of the company.
Obviously, as a shareholder, you are probably concerned with how this fits into our ongoing business model. Our immediate goal is to get this technology to market, and we believe that the potential is enormous. Moreover, since we have very good relationships with the Department of Homeland Security -- United States Customs and Border Patrol, we're confident we can effectively accomplish this with existing personal and limited financial resources.
As always, I want to thank you for your continued support.
Jesse Dobrinsky, CEO
About Cargo Connection Logistics Holding, Inc.
Company: Cargo Connection Logistics Holding, Inc. consists of Cargo Connection Logistics Corp. and Cargo Connection Logistics - International, Inc. (formally Mid-Coast Management, Inc.), which are both headquartered in Inwood, NY. The Company also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA; and San Jose, CA. Cargo Connection Logistics is a leader in world trade logistics. Headquartered adjacent to JFK International Airport, the company is a transportation logistics provider for shipments importing into and exporting out of the United States, with service areas throughout the United States and North America. The companies currently provide a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. They also have container freight station operations specifically designed to handle internationally arriving freight for the major retail suppliers through its CFS facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's ability to increase its revenues, including by obtaining contacts with foreign shippers; -- the Company's financial condition, including its ability to continue as a going concern; -- the effect of the Company being in default on its indebtedness; -- the Company's ability to raise additional capital; -- the Company's reliance on key personnel and independent agents; and -- the Company's vulnerability to economic and industry conditions
Contact: Peter Nasca Peter Nasca Associates, Inc. 312-421-0723 Chicago 954-473-0677 Ft. Lauderdale
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
CKEI (.0055) Acquires Oil Business Adding Approximately $1.7 Million in Annual Revenue
Business Wire "US Press Releases "
LARCHMONT, N.Y.--(BUSINESS WIRE)--
Clickable Enterprises, Inc. (CKEI.PK) the first Internet-based home heating oil company, announced today that it acquired a regional oil company that will provide Clickable Enterprises with over 500 new customers, increasing its annual oil sales by over 750,000 gallons, or approximately $1.7 million in revenue.
Nicholas Cirillo, Jr., president of Clickable Enterprises said, "This acquisition of another turnkey operation increases the density of our business, as our new customers reside within our existing territory. We are excited about this opportunity to provide more consumers with an affordable solution to heating oil services as we continue to focus on acquisitions that will grow our business and increase profitability and shareholder value."
The company expects to absorb this acquisition with virtually no additional overhead.
Clickable Enterprises is committed to providing low-cost and efficient heating oil services, as it continues to grow along the East Coast through marketing efforts, including its sponsorship agreement with Google, Inc. (NASDAQ:GOOG), the world's largest Internet search engine, promotions and acquisitions.
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company to offer customers affordable home heating oil and related services. Based in Larchmont, New York, the company specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. For more information visit www.clickableoil.com.
This release and oral statements made from time to time by the Company's representatives concerning the same subject matter may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," "projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the Company with the Securities and Exchange Commission, which should be considered together with any forward looking statement. No forward looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
Source: Clickable Enterprises, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
CKGR (.17) Announce Agreement with the Government of Guyana
PR Newswire "US Press Releases "
NEW YORK, Dec. 11 /PRNewswire-FirstCall/ -- Integrated Bio-Energy Resources, Inc. (OTC Pink Sheets: CKGR) it's officers and directors, would like to publicly express their sincere appreciation to the Honorable Prime Minister of Guyana, Samuel A. Hinds and the various ministers, cabinet members and other government officials, for their extreme cooperation and timely effort in working closely with Integrated Bio-energy Resources in securing a signed agreement. The general consensus of producing "Oil" above ground, rather then spending millions on drilling holes was the prevailing impetus that allowed Integrated and Government of Guyana to come to an agreement in the processing and refining of palm oil into Bio-Diesel and Bio-Fuel.
The agreement provides for the commencement of farming and the creation of the first plant and refinery. As part of the plan, Integrated will have a 100 acre parcel with Atlantic Ocean access for the building of the first plant and refinery. Bio-Energy officials will return to Guyana accompanied by the engineering team within the first two weeks of January to begin the project. We look forward to mutual growth and success. Bio-Energy will keep shareholders abreast of continuing projects with updates in the coming days.
Chilmark Entertainment Group, Inc. has merged with Integrated Bio-Energy Resources, Inc. and the company will change the name and the symbol to reflect the true business of the company in the near future.
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Company Contact: Tom Dean
310-910-6597
SOURCE Chilmark Entertainment Group, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
GNPT (.19) Announces Major Acquisition of One Scrap Yard and Negotiations for Others
Business Wire "US Press Releases "
ATLANTA--(BUSINESS WIRE)--
Green Parts International, Inc. (GNPT.PK) announced today that it had completed the acquisition of a scrap yard in the Atlanta Metroplex.
Green Parts is very excited to expand its presence in the Atlanta area by acquiring this scrap yard located on 2.5 acres in a very high traffic area of West Metro Atlanta. With the added benefits of being located near major interstate highways and a loyal and growing "do it yourself" customer base, Green Parts anticipates that current operations from the acquisition will add $500,000 in revenues and generate nearly 50% in gross margins. Asif Balagam, President of Green Parts, stated "with every dollar of capital investment, we expect to increase our revenues two fold in this yard."
Balagam also announced that a letter of intent has been signed and earnest money has been paid toward the acquisition of an additional scrap yard. Located in Metro Atlanta, this new yard is located on 20 plus acres and it has over $650,000 in assets. Mr. Balagam said that "even without significant capital investment, the purchase of these two yards would nearly triple Green Parts revenues." More details will be released after the deal has been finalized.
Balagam stated "the additional scrap yards will become an integral part of our organic growth. With the additional revenue streams produced by these acquisitions, we will be able to debt service the acquisitions. Further, we will be able to roll up additional scrap yards based upon the real estate value of our current acquisitions." While details cannot be released, Green Parts is currently in contact with several other acquisition targets across the Mid-South. Green Parts anticipates successful negotiations on an additional scrap yard in the next few months with additional news to follow.
Green Parts International is based in Atlanta, GA. More information about Green Parts International is available by visiting its website at www.greenparts.com.
Forward Looking Statement The contents of this Press Release may be deemed to include forward-looking statements within the meaning of United States securities laws and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only predictions and you should not rely on them. Actual results might differ materially from those projected in any such forward-looking statements. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. We cannot guarantee future results, levels of activity, performance or achievements. In evaluating forward-looking statements you should consider various factors including risks inherent in the scrap metal business sector.
Source: Green Parts International, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
CBAI (.105) Announces Marketing Alliance Between CorCell and Mountain State Blue Cross Blue Shield, West Virginia
PR Newswire "US Press Releases "
LOS ANGELES and PHILADELPHIA, Dec. 11 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com ) focused on bringing the life saving potential of stem cells to families nationwide and internationally, announced today that CorCell, Philadelphia, Pa., whose operating entity and assets were recently purchased by the Company, has signed a marketing alliance with Mountain State Blue Cross Blue Shield (MSBCBS), the largest health insurer in West Virginia.
"This alliance will bring the knowledge and awareness to MSBCBS members, providers and corporate, union and government employer groups of the significant value of storing umbilical cord blood stem cells. Mountain State Blue Cross Blue Shield selected CorCell to offer the service to all its members as a strategic value added program and CorCell will offer a preferred price for the cord blood banking service," said Marcia Laleman, CorCell's President.
CorCell is a national leader in private family cord blood banking. It is the fourth largest private umbilical cord blood bank in the U.S. Cord blood stem cells may be used today to treat more than 70 diseases including leukemia, severe anemia, metabolic blood disorders and immune deficiencies with many additional uses currently under investigation in clinical trials. Previously the umbilical cord, which contains a rich store of stem cells, had been thrown away at birth.
"The CorCell cord blood banking program offers our members access to crucial information and services that can safeguard their families' health and well being. As a health insurer absolutely committed to the long term well being of West Virginians, we know that umbilical cord blood stem cell storage will bem cell treatments, and the Company's performance, are only predictions and are subject to certain risks, uncertainties and assumptions. Additional risks are identified and described in the Company's public filings with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.
CONTACT: Paul Knopick E & E Communications 949/707-5365 pknopick*eandecommunications.com
SOURCE Cord Blood America, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
ESFS (.18) Announces the Silver Bullet Against E.coli
Market Wire "US Press Releases "
LOS ANGELES, CA -- (MARKET WIRE) -- 12/11/06 -- Eco-Safe Systems USA, Inc. (PINKSHEETS: ESFS), a leading developer of ozonated water intervention systems, is promoting ozone as the ultimate line of attack against a wide range of contaminants -- including E.coli, salmonella, and listeria.
"By killing bacteria on contact, ozone can provide the fast food industry with the necessary protection for eliminating the possibility of another deadly E.coli outbreak," according to Dr. Al Baroudi, President, Food Safety Institute, International (FSI). Dr. Baroudi has held executive quality assurance and food safety positions with Yum Brands!, Vons Companies, Inc., Safeway Inc., Harry and David, and Borden, Inc.
Ozonated water intervention systems address the need to protect the public against a wide range of contaminants that can affect the food supply, from farm to fork. They eliminate the use of harsh chemicals like chlorine, pesticides and bactericides. Ozone in water is also environmentally friendly since it forms regular oxygen within 20-30 minutes of use.
"We are contacting leaders in the fast food industry to make them aware that Ozone delivers many benefits which can increase food quality and safety, at a lower cost to producers and processors," says Michael Elliot, President, Eco-Safe Systems USA, Inc.
Eco-Safe's ozonated water intervention systems are compliant with FDA, USDA, and HAACP guidelines -- and the company has received certification from the National Sanitation Foundation (NSF). Because ozone replaces hazardous chemical usage, foods treated with ozone are compliant with Organic standards, too.
Baroudi added, "At a time when some consumer victims are paying for this unneeded and uncontrollable agony with hospitalization, Hemolytic Uremic Syndrome (HUS), or even death, as well as when the nation's growers, restaurants and food retailers are suffering from millions in lost business, Ozone is a food-safety intervention that should be used for safety, prevention and to rebuild consumer confidence in the food industry."
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Eco-Safe Systems USA, Inc. Michael Elliot President Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
Clickable Enterprises Acquires Oil Business Adding Approximately $1.7 Million in Annual Revenue Monday December 11, 8:53 am ET
LARCHMONT, N.Y.--(BUSINESS WIRE)--Clickable Enterprises, Inc. (CKEI.PK) the first Internet-based home heating oil company, announced today that it acquired a regional oil company that will provide Clickable Enterprises with over 500 new customers, increasing its annual oil sales by over 750,000 gallons, or approximately $1.7 million in revenue. ADVERTISEMENT
Nicholas Cirillo, Jr., president of Clickable Enterprises said, "This acquisition of another turnkey operation increases the density of our business, as our new customers reside within our existing territory. We are excited about this opportunity to provide more consumers with an affordable solution to heating oil services as we continue to focus on acquisitions that will grow our business and increase profitability and shareholder value."
The company expects to absorb this acquisition with virtually no additional overhead.
Clickable Enterprises is committed to providing low-cost and efficient heating oil services, as it continues to grow along the East Coast through marketing efforts, including its sponsorship agreement with Google, Inc. (NASDAQ:GOOG - News), the world's largest Internet search engine, promotions and acquisitions.
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company to offer customers affordable home heating oil and related services. Based in Larchmont, New York, the company specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. For more information visit www.clickableoil.com.
This release and oral statements made from time to time by the Company's representatives concerning the same subject matter may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," "projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the Company with the Securities and Exchange Commission, which should be considered together with any forward looking statement. No forward looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
Contact: For Clickable Enterprises, Inc. Larry Fortune, 949-916-2942 larryfortune*consultant.com
-------------------------------------------------------------------------------- Source: Clickable Enterprises, Inc.
posted
UPDA (.12) Subsidiaries Continue to Turn Wells Online -- Additional Production Expected to Exceed 100 Barrels of Crude Oil Equivalent per Day -- Total UPDA Production Approaching 200 BOE
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
Universal Property Development and Acquisition Corporation's (OTCBB:UPDA) Canyon Creek Oil and Gas, Inc. subsidiary has returned its entire Archer County Regular Field to production while UPDA's Catlin Oil and Gas subsidiary continues work on its oil and natural gas field in Jack County, Texas bringing additional wells online at the south end of the leases.
It is anticipated that the additional production from these new wells will exceed 100 boepd bringing current production totals from all UPDA fields to about 200 boepd. Also, natural gas production from the Catlin Field continues to increase and overall production now exceeds 170 mcfg per day.
In Archer County, UPDA subsidiary Ambient Wells Services will turn 10 wells over to UPDA Operators so that they may be produced. These wells range in depth from 4300 feet to 5200 feet and are perforated in the Hull-Silk, Vogtsberger and Ellenberger sand formations.
Recent storage tank measurements indicate that the UPDA subsidiaries presently have over 2300 barrels of oil on-hand. It is anticipated that this oil, together with the additional production to be generated, will be sold during the month of December. In addition, Catlin Oil and Gas has now activated the second natural gas compressor on its field which should result in additional sales of natural gas.
Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Source: Universal Property Development and Acquisition Corporation
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
SBTG (.0004) Announces Its Subsidiary (Sierra Pacific Aviation, Inc) Has Added an Advanced Flight Training Device
Business Wire "US Press Releases "
LAS VEGAS--(BUSINESS WIRE)--
SkyBridge Technology Group, Inc. (OTC:SBTG) Board of Directors has announced today that its wholly owned subsidiary, Sierra Pacific Aviation Inc. has added an Advanced Flight Training Device (ATD) that will enhance Sierra Pacific's FAA/Industry Training Standards (FITS). "The 'Fly It' simulator is an FAA approved ATD that will be integrated fully into all our training," said Scott Hughes Vice President and Chief Flight Instructor with Sierra Pacific states "The effectiveness of simulators in flight training is exemplified by the pervasive use in commercial aviation. With FITS we bring those same scenario based training techniques to the general aviation market, and the ATD will be a big part of our courses," Hughes added.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of STGI officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
Source: SkyBridge Technology Group, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
SCLL (.175) Human Motor Neurons from Stem Cells to Serve as Drug Discovery Tools with Funds from The ALS Association
Business Wire "US Press Releases "
CALABASAS HILLS, Calif.--(BUSINESS WIRE)--
The ALS Association has partnered with two biotech companies to harness new stem cell and gene manipulation technologies to the search for effective treatment for the disorder, amyotrophic lateral sclerosis (ALS, also known as Lou Gehrig's disease).
The $3 million funding from The ALS Association's program, Translational Research Advancing Therapy for ALS (TREAT ALS), is the largest from this program to date focused on new drug candidates. Several pilot clinical trials of existing candidates are already underway with TREAT ALS funding.
Partnering with The ALS Association are the companies Galapagos NV (Euronext:GLPG) (LSE:GLPG) and Stem Cell Innovations, Inc. ("SCI") (OTCBB:SCLL). Funding is contingent on the companies' success at specific points in the project.
"The unique ability provided by SCI to screen human motor neurons at large scale, and Galapagos' target discovery engine, will open new approaches to developing medicines that may stop ALS," said Dr. Lucie Bruijn, science director and vice president of The ALS Association. "We see this alliance as an important initiative within The ALS Association's mission to find a cure for and improve living with ALS."
Stem Cell Innovations has a proprietary human stem cell technology based on cells that are exempt from the presidential ban. These pluripotent stem cells are able to produce motor neurons that can grow robustly in the lab.
"The human motor neuron cultures derived from our PluriCells will form the basis of this exciting alliance," said Stem Cell Innovations CEO Dr. James Kelly. "We are very pleased to be collaborating with The ALS Association and Galapagos on this discovery project."
Galapagos NV has a technology that brings in or removes, in turn, large numbers of genes to lab-grown cells that reflect aspects of a disease of interest. This identifies which genes might serve as drug targets in the disease. The Galapagos technology will be applied to the SCI motor neuron cells.
"We are proud to work with the ALS Association in the fight against ALS," said Onno van de Stolpe, CEO of Galapagos. "This alliance builds on both our CNS (central nervous system) expertise and on our strong franchise in working with non-profit health organizations to identify disease-modifying drug targets for unmet medical needs."
Source: The ALS Association
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
GZFX(.0024)GameZnFlix, Inc. Joins Dr. Phil and Robin McGraw for Their Annual Holiday Giveaway Special Monday December 11, 8:00 am ET
Episode Airs Today, Check Your Local Listings
FRANKLIN, KY--(MARKET WIRE)--Dec 11, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video games and movies for rent or purchase, announced today that their service has been chosen as one of Dr. Phil & Robin McGraw's favorite items for the 2006 holiday season. Audience members of the "DR. PHIL" Holiday Giveaway show are receiving a 1-year membership to GameZnFlix's service during the show that airs today in markets all over the US.
This special episode of the "DR. PHIL" show, hosted by renowned psychologist and best-selling author Dr. Phil McGraw and his family, features many of the different McGraw family personal recommendations for holiday gifts for 2006.
"We're so excited to participate with 'Dr. Phil,' Toys for Tots and the many other companies on this special show," said, Donald "Chip" Gallent, President of GameZnFlix. "The audience members received both a DVD player and a gaming console and needed something to play on both -- we were very happy to make this happen."
"This year, Robin and I are the National Spokespersons for Toys for Tots and the audience for our Holiday Giveaway show was filled with deserving families. We made some dreams come true for them," said Dr. Phil.
GameZnFlix is also teaming up with the "DR. PHIL" show to help raise money for Toys for Tots -- for which Dr. Phil and Robin McGraw serve as National Spokespersons for 2006. Visitors can go to www.DrPhil.com or www.gameznflix.com/drphil and get details on how they can help Toys for Tots by signing up for GameZnFlix's service. GameZnFlix will make a donation equivalent to the first month's subscription fee for everyone who signs up for the service through one of these links or by using coupon code "drphil."
"We try and give back to the communities we serve in as many ways as we can. This way we're also participating along with our subscribers in a way to help Toys for Tots during this holiday season," said John Fleming, CEO of GameZnFlix, Inc.
"When you support Toys for Tots, you're doing more than giving a child a toy," said Dr. Phil. "You're positively impacting that child's sense of worth and validating that they matter to the world."
Dr. Phil McGraw has galvanized millions of people to "get real" about their own behavior and create more positive lives. Dr. Phil, his syndicated, daily one-hour series, is the second highest rated daytime talk show in the nation and began its fifth broadcast season in September 2006.
Most recently, his wife Robin launched her debut book, "Inside My Heart: Choosing to Live with Passion and Purpose." Released Sept. 12, the book debuted as the #1 hardcover/advice book on The New York Times best-seller list. Robin appears regularly on "Dr. Phil" and is heavily involved as a board member and goodwill ambassador for The Dr. Phil Foundation, a non-profit charitable organization that is committed to helping disadvantaged children and families.
About The U.S. Marine Corps Reserve Toys For Tots Program
The Marine Toys for Tots Foundation, an IRS recognized 501 (c) (3) not-for-profit public charity is the authorized fund raising and support organization for the Marine Corps Reserve Toys for Tots Program. The Foundation provides the funding and support needed for successful annual toy collection and distribution campaigns. The foundation is located at Marine Corps Base, Quantico, Virginia. Local Marine Corps Reserve units and volunteer organizations collect and distribute toys in 545 communities covering all 50 states, the District of Columbia and Puerto Rico. For more information, visit www.toysfortots.org.
About GameZnFlix, Inc.
GameZnFlix is an online game and movie rental service that allows its subscribers to have access to over 50,000 titles. With memberships starting as low as $8.99, subscribers can rent both video games and DVD movies with no late fees or due dates. Membership also allows subscriber to purchase titles at a discounted rate. www.gameznflix.com.
Financing for Manufacturing and Marketing of the Phantom(R) Wireless Lapboard
SEATTLE, Dec. 11 /PRNewswire-FirstCall/ -- Phantom Entertainment, Inc., (OTC Bulletin Board: PHEI) today provided an operations update. The Company has closed a financing with John Fife, the managing partner of the Chicago Venture Partners, L.P. to help fund manufacturing and marketing of the Phantom(R) Wireless Lapboard and Phantom(R) Wireless Laser Mouse. "I am excited about the opportunity to work with Phantom Entertainment and to be a financing resource to help the Company move forward with manufacturing the Phantom Wireless Lapboard," said John Fife, Managing Partner of Chicago Venture Partners. "I intend to consider additional infusions of capital to Phantom Entertainment as the company meets its manufacturing and revenue goals." The Company is continuing to work closely with its contract manufacturer, Itron Technology Inc., to meet manufacturing production schedules for shipping Phantom Lapboards to Alienware for bundling with its PC Media Center, to distributors and to consumers. The Company is continuing sales planning for distribution of the Phantom Wireless Lapboard and Phantom Wireless Laser Mouse through Global Marketing Partners' distribution channel with Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor and a leading technology sales, marketing and logistics company. The Company is continuing sales planning with Westex Europe NV to serve the E-Commerce, IT peripherals distribution, retail sales channels and (OEM) Original Equipment Manufacturers throughout the European territories. The Phantom Wireless Lapboard and Phantom Wireless Laser Mouse are featured products in the MTV, DigitalLife and Daily Lounge holiday gift guides at: http://www.ereleases.com/pr/mtv_video_games.html http://www.digitallife.com/shopping_guide.html and http://www.dailylounge.com.
The Company will display its Phantom(R) Wireless Lapboard and Laser Mouse in the Itron Technology exhibit during 2007 Consumer Electronic Show (CES), Jan. 8-11, in Las Vegas. The show is expected to draw more 150,000 industry professionals, including more than 25,000 international attendees. CES is the world's largest tradeshow for consumer technology. Greg Koler, Phantom's President and CEO, has accepted an invitation to be a speaker at the 2007 CES Game Power Conference on Sunday, Jan. 7, in Las Vegas. Mr. Koler will speak at a session titled "Game Power II: PC and Mobile Games." Terrance F. Taylor has been appointed Controller and Treasurer. Mr. Taylor previously served as Controller and Acting Chief Financial Officer of Infinium Labs, Inc., and as Controller of its predecessor, Infinium Labs Operating Corporation. Mr. Taylor previously served as Controller at Wireless One Network, a cellular telephone operator in southwest Florida that was acquired by AT&T and as Chief Financial Officer of Abaris Care, Inc., which operated 18 assisted living communities. The Phantom Wireless Lapboard and Phantom Wireless Laser Mouse are a combination keyboard, mouse and hard surface that enable users to work or play games from a couch, easy chair or any comfortable setting. About Chicago Venture Partners, L.P. Chicago Venture Partners, L.P. is a private equity investment firm specializing in buyouts, late stage growth equity investments and PIPES (private investments in public entities). Founded in 1998, Chicago Venture manages approximately $60 million and has led private investment transactions in more than a dozen companies across several industries. After the initial investment, CVP has supported all of its companies with diligent board level involvement and several with follow-on infusions of capital. For more information, please visit http://www.chicagoventure.com. About Phantom Entertainment Phantom Entertainment is an industry-leading global entertainment and interactive game company. Phantom Entertainment has developed and is marketing the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface. The Company is in the development of the Phantom Game Service, anticipated to be the first end-to-end, on-demand game service for delivery to the living room. For more information, please visit http://www.phantom.net. PR contact pr*phantom.net
Safe Harbor Statement The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission. This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com. SOURCE Phantom Entertainment, Inc.
Rx Processing Corp. Publishing NOBO List on a 21 Day Cycle in 2007
WILMINGTON, Del.--(Business Wire)--Rx Processing Corporation (PINK SHEETS: RXPC), re-publishes the Rx Processing Corp. NOBO list, "non-objecting shareholders list," to deter back filling actions by market makers in furtherance of affecting our goal of an additional 200 new shareholders by end of first quarter 2007.
Rx Processing Corp is reaching out in an effort to attract shareholders over the course of the next quarter to meet our target goal in 2007 of 1000 shareholders. In 2006, we realized a strong increase in the number of investors acquiring and holding shares as the company grew beyond the challenging and formative years. Through the investor awareness generated by the posting of the NOBO lists, we realize that shareholders depend on this publication to recognize actions employed by market makers.
One market maker action known as back filling is seen by the securities market as acceptable and enables them to profit while contributing to the erosion of shareholder value and confidence when investing in emerging market corporations.
Example of back filling: On December 9th 2006, Peter Fiorillo, executed the purchase of 8,550 shares of RXPC common stock over the course of 30 minutes. The bidding actions were as follows: he bid incrementally up starting at $.037 until a market maker executed his order of RXPC at the asking price of $.04. The transaction record, that proceeded within 6 seconds of execution, shows another purchase of 8500 shares at $.037 per share. This back filling action equaled a loss to the PPS of -0.003 (-7.50%) and loss of market cap of $184,900. This transaction record shows the market maker had the ability to execute the order for $.037 per share, but waited for the bid to go 7.5% higher.
"We highlight our action of posting the NOBO list and focusing on tactics used by market makers as a guide for emerging market corporations to appropriately value and restrict the dilution of their capital securities," stated, CEO of Rx Processing Corp., Peter Fiorillo.
-0- *T Total O/S: 61,633,577
Float: 21,744,502
Shareholders: 449 *T
Rx Processing Corp. is an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed at storefront locations with a direct to consumer delivery business model for under and uninsured clients' health care needs. Our technology platform services the needs of U.S. citizens with our secure RxPC advocacy program, independent pharmacy consultant program, and corporate friendly ordering system for laboratory testing and prescription medications through licensed pharmacies in the United States and CLIA-certified patient service centers. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.
Safe Harbor Statement
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
posted
WWNG (.026) Issues Special Dividend to Shareholders
PrimeZone "PrimeZone "
FARMINGTON, N.M., Dec. 11, 2006 (PRIME NEWSWIRE) -- WW Energy Inc. (Pink Sheets:WWNG) announces a special dividend to its shareholders of record as of January 2, 2007. This special dividend represents 10% of WW Oil and Gas Inc. which is a subsidiary of WW Energy and is not a publicly traded company. The dividends will be payable on January 30, 2007. The special dividend will be mailed out to WW Energy Inc. shareholders without any action(s) required by qualifying recipients.
WW Energy Inc. is a holding company that was created to acquire oil and gas service companies as well as oil and gas-related assets through two wholly owned subsidiaries.
WW Oil & Gas Inc., established in 2005, is in the business of acquiring leases and oil and gas-related assets. Such acquisitions are for the purposes of development, exploration, and exploitation. The company currently has exploitation projects in Texas, Utah, Oklahoma and New Mexico. Comprehensive drill programs are being developed for full exploitation of these projects.
WW Trucking Inc., formed in 1999, is a leading oil and gas services company for the oil field services industry in Utah, Colorado, New Mexico and Arizona (The Four Corners Area). Their existing business operations are in transporting fresh production water for oil drilling/exploration and waste water for disposal. They also provide services for heavy hauling of drilling and well equipment needed in the oil and gas production and exploration industry.
Forward-looking statements
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results of WW Energy Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.
CONTACT: WW Energy Inc. Investor Relations Teresa Diedrick (505) 566-9100 www.wwenergyinc.com
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
IMDS (.086) Announces CTLM Procedure Payment Approval in Beijing China
PR Newswire "US Press Releases "
FORT LAUDERDALE, Fla., Dec. 11 /PRNewswire-FirstCall/ -- Imaging Diagnostic Systems, Inc., (OTC Bulletin Board: IMDS), a pioneer in laser optical breast imaging systems, announced that hospitals in the Beijing, China area may now charge patients for CT Laser Mammography (CTLM(R)) breast imaging procedures.
According to the Beijing Municipal Commission of Development & Reform and the Beijing Municipal Health Bureau, CTLM procedures may be priced up to RMB300 ($38 at the current exchange rate) per breast as listed on the "Interim Procedures for Beijing Medical Service Price" schedule. Imaging Diagnostic Systems had previously registered their CTLM system with the State Food and Drug Administration of the People's Republic of China (SFDA); the equivalent of the US Food and Drug Administration.
"We have been anticipating this price schedule listing following our SFDA registration and the successful introduction of CT Laser Mammography at Beijing Friendship Hospital," stated Tim Hansen, IDSI Chief Executive Officer. "Now that this first approval to charge patients has issued we expect other institutions to add our new laser imaging capabilities to their breast imaging services. We are also pursing similar listings at the National level and in other regions. All of this is very good news for our global commercialization program and for the Chinese women who will now gain access to our new non- invasive procedure for detecting and evaluating breast cancer cases," he continued.
China sources report that the incidence of breast cancer in China has increased by at least 27% over the past decade and 40% of the Chinese women diagnosed with breast cancer die within five years because the cancer is already very advanced when it is diagnosed.
The CTLM(R) system is a new continuous wave laser breast imaging system and utilizes state-of-the-art technology and patented algorithms to create 3-D images of the breast. The procedure is non-invasive, painless and does not expose the patient to radiation or require breast compression. In the United States, Imaging Diagnostic Systems is seeking FDA Premarket Approval (PMA) for the Computed Tomography Laser Mammography (CTLM(R)) system to be used as an adjunct to mammography. The FDA has determined that the Company's clinical investigation is a non-significant risk (NSR) investigational device study because it does not meet the definition of a significant risk (SR) device under 812.3(m) of the investigational device exemptions (IDE) regulation (21 CFR 812). The CTLM system is limited by United States Federal Law to investigational use only in the United States. The Imaging Diagnostic Systems CTLM system has received other registrations including CE, CMDCAS Canadian License, China SFDA, UL, ISO 9001:2000, ISO 13485:2003 and FDA export certification.
As contemplated by the provisions of the Safe Harbor section of the Private Securities Litigation Reform Act of 1995, this news release may contain forward-looking statements pertaining to future, anticipated, or projected plans, performances and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates or predictions of future results or events and there can be no assurance that actual results or events will not materially differ from expectations. Further information on potential factors that could affect Imaging Diagnostic Systems, Inc., is included in the Company's filings with the Securities and Exchange Commission. We expressly disclaim any intent or obligation to update any forward-looking statements.
Investor Relations: Rick Lutz 404-261-1196 lcgroup*mindspring.com
SOURCE Imaging Diagnostic Systems, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
NMKT (.325) Town Hall Meeting Focused on Recent Increase in Spin-off Activity and Financials
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
NewMarket Technology, Inc. (OTCBB:NMKT) released an overview of the company's recent Town Hall meeting last week which highlighted the company's momentum towards meeting the long-awaited goals of publicly listing a number of subsidiaries, yet still retaining a majority interest to maintain consolidated financial reporting and provide long-term capital gain potential for shareholders.
During the meeting, CEO Philip Verges announced the signing of a letter of intent (LOI) to acquire a majority interest in Silicon Aquarius, Inc., a telecom technology firm headquartered in Richardson, Texas with 23 Patents issued between Nov. 10, 1998, and Nov. 21, 2006 (Silicon Aquarius, Inc. Patents). Texas Instruments' patent portfolio has been the beneficiary of the technological innovation from the expertise and talent now at Silicon Aquarius. As noted by Mr. Verges, "The transaction underway between Silicon and NewMarket is a strategic combination of intellectual property, engineering, marketing, financial investment and embedded development resources through NewMarket's established partnerships in China. The addition of Silicon Aquarius will extend NewMarket's emerging technology reach and depth by substantially jump starting an intellectual property inventory of technologies with multiple applications in multiple industries." Significantly, Silicon Aquarius believes there are a number of patent infringement cases that can be pursued.
NewMarket's recent independent listing of its consolidated operation in China with a 2007 revenue forecast of $40 million, NewMarket China, Inc., currently listed as Intercell International Corporation (OTCBB:IICP) was discussed at the Town Hall, along with the intent to convert the company's preferred stock with anti-dilutive provisions at a later date to facilitate a dividend distribution of IICP shares to NMKT shareholders. The presentation also reviewed the pending transaction with Paragon Financial Corporation (OTC:PGNF), which is planned to be renamed NewMarket Latin America with $20 million in revenue and booking a profit. Lastly, the recently announced LOI with Diamond I, Inc. (OTCBB:DMOIE) was included in the presentation on the strategic benefits of the transaction with the WiFi and Wireless Gaming firm. David Loflin, CEO of Diamond I, told shareholders that the "E" currently appended to the Diamond stock symbol will be removed this week due to its pending financial filing.
Mr. Verges indicated that NewMarket was intent upon completing the announced transaction as soon as possible in order to advance the company's business plan to eventually provide dividends to NMKT shareholders in the form of stock dividends of the consummated consolidated subsidiary spin-offs. Mr. Philip Rauch, CFO, presented the company's financials and highlighted the company's record revenue quarter announced for third quarter 2006 and the company's turnaround in net income. Mr. Rauch also noted that shareholder's equity exceeds $42 million as of the company's last 10-Q.
Ms. Pat Robinson from the City of New Orleans Department of Economic Development presented on the city's many rebuilding initiatives, to include both economic incentives for companies and assistance to individuals effected by Katrina and the subsequent failure of the levee system.
The video of NewMarket's Town Hall meeting in New Orleans last week will be available on the Company's website by Thursday, December 14. The Power Point Presentation from the NewMarket Town Hall meeting is available by contacting ir*newmarkettechnology.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com) NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), SAP (NYSE:SAP), Siebel (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. NewMarket maximizes shareholder return on investment by independent listing of consolidated regional and emerging technology subsidiaries in order to issue subsidiary stock in shareholder dividends.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Source: NewMarket Technology, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
GBTD (.009) and Its Subsidiaries Sign LOI With Soul to Sole Ventures, Inc.
Market Wire "US Press Releases "
FT LAUDERDALE, FL -- (MARKET WIRE) -- 12/11/06 -- Global Triad, Inc. (PINKSHEETS: GBTD) announces that it will not be completing a merger agreement signed earlier this year with Information Architects, due to IACH's inability to comply with the terms of the merger agreement. GBTD's Board of Directors and majority shareholders have decided to move the company in another direction and on October 19th, 2006 signed a Letter of Intent (LOI) with Soul to Sole Ventures, Inc., a privately held Nevada Corporation. The terms of the LOI will give Soul to Sole majority ownership of GBTD's common stock. Soul to Sole is an entertainment media company.
Anthony Mellone Jr., current CEO/Founder of Global Triad, Inc., says that, "I believe that the merger with Soul to Sole will be best for the shareholders and give GTBD the ability to develop into a viable company. I have pledged to Carl Olivieri, who will be the new Chairman and Chief Executive Officer, that I will assist him and the new management team in any way that I can that will benefit the Company. We also wish Information Architects and all of its employees well and hope in the future the companies can structure a working relationship."
Carl Olivieri, Chairman/CEO of Soul to Sole Ventures, Inc., says that, "I look forward to the merger of Soul to Sole with GTBD which has developed significant infrastructure which will allow us to immediately launch our combined business models."
About Global Triad
Global Triad, Inc. is a Nevada Corporation with headquarters in Ft. Lauderdale, Florida. GBTD owns and operates three subsidiaries: Global WiFi Plus, Inc., Global TV, Inc., and Global WiFi Marine, Inc. The primary business of all subsidiaries is the aggregation and delivery of a wholesale, end-to-end wireless digital communications system utilizing both Internet Protocols (IP) and proprietary digital devices.
SAFE HARBOR
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. A forward-looking statement made by the parties is not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of the parties and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.
For more information contact:
Global Triad, Inc. Investor Relations Phone: (954) 561-7321 Email: Email Contact
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
PANAMERSA Corporation/PayPro Incorporated Announced today their 4th Quarter Earnings has already exceeded their 3rd Quarter Earnings by more than 400%.
PANAMERSA Corporation/PayPro CEO Mike Terrell stated, "I am really pleased with our progress and we are just now starting to pick up momentum. Our acquisitions are beginning to produce, our receivables are current and our collected earnings (receivables not included) have already exceeded 400% of last quarter's earnings. Since we still have 2/3 of December to go, and a name change coming which will only strengthen our position in the marketplace, several projects which have not been announced, and new opportunities arriving daily should give us a very solid foundation to do some really serious numbers in 2007. We will continue to execute our business plan to assist in the commercial integration of Latin America into the economic development of the western hemisphere, Pan-America, and the rest of the world. We will continue our investment in Pan-American companies and infrastructure projects in Panama, Costa Rica, Mexico, Venezuela, Ecuador, and the Caribbean, while protecting our Flora Fauna and water resources. Panamersa Corporation/PayPro promotes the individual commitment to family carbon neutrality status 'Sponsoring MicroForests' in our fight against Global Warming."
About PANAMERSA Corporation/PayPro Incorporated:
PANAMERSA Corporation/PayPro Incorporated (Pink Sheets:PYPR) is a holding company for a group of business enterprises which promotes the commercial integration of Latin America into the economic development of the Western Hemisphere, and is engaged in global e-commerce and e-biz Solutions offering interactive e-commerce and e-biz programs. PANAMERSA Corporation/PayPro offers a range of goods and services ONLINE as follows:
Prepaid debit cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection; Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.
Forward-Looking Statements are not historical facts as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.
Source: PANAMERSA Corporation/PayPro Incorporated
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
SFPS (.029) Member Base Surges Past 80,000 Active Members
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 12/11/06 -- SafePay Solutions Inc. (PINKSHEETS: SFPS) continues its rapid expansion with the number of active members now surpassing 80,000. The majority of these members joining SafePay have done so within the last six months. SafePay is especially proud that almost every one of these members have actually used SafePay's services to transact business.
Also, the company has proven that its business model is solid and can generate substantial revenue. Therefore, management feels that now is the time to begin implementing a clear and specific vision for how SafePay will move to the forefront of the payment processing industry.
This includes specific plans for immediate expansion -- the acquisition of well-managed companies with compatible niches planned for completion within the first quarter of 2007. Another area of growth and expansion will be when SafePay releases very promising new technologies which will help propel the company to the next level, with the first of which to be announced in the very near future.
About SafePay
As an online payment provider, SafePay Solutions brings you the highest level of security, convenience, and speed of any online payment system. Our solutions for business and consumers all around the world are innovative, secure, and cost-effective. With SafePay Solutions, anyone with an e-mail address can send and receive payments, while merchant and corporate clients can conduct business with our vast array of financial management tools.
More information about SafePay Solutions can be found at:
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.
Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "may," "should" and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date when they are made.
Biogenerics Limited Shareholders to Receive Special Dividend From Subsidiary WW Oil And Gas Inc.
PrimeZone "PrimeZone "
TYLER, Texas, Dec. 11, 2006 (PRIME NEWSWIRE) -- Biogenerics Limited (Pink Sheets:BIGN) announced that its shareholders will be receiving a special dividend gifting from its subsidiary, WW Oil and Gas Inc. Biogenerics' shareholders who hold shares as of January 2, 2007 will be eligible for the special dividend. The shares will be payable on January 30, 2007. This special dividend represents 10% of WW Oil and Gas Inc. The dividend will be mailed out to Biogenerics shareholders of record without any action(s) required by eligible recipients.
Website: http:/www.bignltd.com
About Biogenerics Limited
Biogenerics is a diversified investment venture capital firm focused on exploiting and distributing domestic oil and gas reserves. Biogenerics also has joint venture activities with Tyche Energy Inc. and Hydroslotter Corp.
WW Oil & Gas Inc., established in 2005, is in the business of acquiring leases and oil and gas related assets. Such acquisitions are for the purposes of development, exploration, and exploitation. The company currently has several exploitation projects encompassing four oil and gas leases in the San Juan Basin area of New Mexico and Oklahoma. Comprehensive drill programs are being developed for full exploitation of these projects. ConocoPhillips, XTO Energy and British Petroleum are among those companies active in the San Juan Basin.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
CONTACT: Biogenerics Limited Corporate Inquiries James Lancaster, CEO 903-561-2446 Investor Relations www.bignltd.com
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
XKEM (.021) Small Pharma Firm Xechem CEO Wins Reader's Choice CBS MarketWatch CEO of the Year Award Ahead of Jobs and Buffet
PR Newswire "US Press Releases "
NEW BRUNSWICK, N.J., Dec. 11 /PRNewswire-FirstCall/ -- Dr. Ramesh Pandey, the CEO of small NJ-based pharmaceutical firm Xechem International (OTC Bulletin Board: XKEM.OB), was elected Reader's Choice CBS/Marketwatch CEO of the Year, ahead of Steven Jobs of Apple Computer and Warren Buffet of Berkshire Hathaway.
Who is Dr. Pandey and what is Xechem, International?
Dr. Ramesh C. Pandey, a PhD in Medicinal Chemistry with expertise in antibiotics and anti-cancer drug development, and small, innovative Xechem International have, for the past five years, been developing drugs for Sickle Cell Disease (SCD) and establishing a state-of-the-art manufacturing facility in Abuja, Nigeria. There was no non-toxic drug available in the market for this disease until this development.
Dr. Pandey is a highly experienced researcher and pharmaceutical executive with many years at the University of Illinois, NIH's National Cancer Institute, Abbott Labs, Waksman Institute of Microbiology Rutgers University, Lyphomed (now owned by Fujisawa) and, since 1990, Xechem. Early on at Xechem, he developed generic Vancomycin and has over 20 patents for the cancer drug Paclitaxel and next generation Paclitaxel, based on compounds from the yew tree. He also has two US patents for Hexoid Plates for microbial test developed under small business innovative research grant from NASA.
Xechem is a small firm with a large and deeply committed following among retail investors, who clearly turned out in force to express their admiration for Dr. Pandey in the voting for the Reader's Choice CBS MarketWatch CEO of the Year 2006 Award.
2006 has been a watershed year for Xechem International, with the approval of Nicosan(TM)/Hemoxin(TM) for Sickle Cell Disease in Nigeria and the groundbreaking for Xechem's FDA/cGMP-compliant factory for its production.
Dr. Pandey said, "There are four million Sickle Cell Disease patients in Nigeria alone. While I am honored to have come out ahead in the CBS/MarketWatch Reader's Choice voting, what is really motivating me is how close we are to making a crucial health difference to millions of sufferers of Sickle Cell Disease.
"Our preliminary analysis of the Nigerian target market indicates that approximately half of them have the resources to pay for medication and approximately 50-60% of these two million, or 1 to 1.2 million, earn enough to pay for a lifesaving drug, such as ours. Based on this very realistic estimate, we expect sales of between $240M and $288M per year in Nigeria in the next three to five years, when marketing efforts and distribution channels are established and mature."
SOURCE Xechem International
-------------------- The difference between genius and stupidity is that genius has its limits
IP: Logged |
posted
GERI (.03) Acquires California-Based Mortgage Bank
Market Wire "US Press Releases "
NEWPORT BEACH, CA -- (MARKET WIRE) -- 12/11/06 -- Global Energy Resources, Inc. (PINKSHEETS: GERI), a Delaware Corporation, announced today the expansion of mortgage services within its Financial Division as the result of the completion of GERI's acquisition of Saddleback Funding Corporation, a Laguna Hills, California-based Mortgage Bank. It is anticipated that Saddleback Funding's loan volume will approach $80 million for the year 2006.
"We are very pleased to add the management strength and infrastructure support that Saddleback Funding brings to the GERI Group of Companies and are excited by the growth prospects this represents as well. The Saddleback acquisition provides a platform for mutual and healthy expansion," stated Chris Butchko, GERI's president.
"The opportunity to grow our mortgage banking business as well as add to our current mortgage business network through our combined resources is very exciting," said Tim Jurkowski, founder and president of Saddleback. He continued, "Moreover, as soon as we complete our year-end audited financials, our capacity for funding increases to accommodate our new business and will noticeably contribute to the growth of overall loan volume."
According to Butchko, GERI anticipates completion of its audited financials for the entire company by the end of the first quarter 2007.
GERI's Financial Division offers a mortgage warehouse line utilized by mortgage brokers and certain lending groups to finance their clients' mortgage lending needs. GERI's Finance division also provides wholesale lending services for the commercial, residential, construction and timeshare industries utilizing a warehouse line of credit. In addition, the finance division has marketing arrangements with major banks and mortgage banks to provide high-level customer service and technologies to solve lending needs. The division has recently begun to provide rapid response electronic processing of paperwork associated with its lending service.
About Global Energy Resources, Inc.:
Global Energy Resources, Inc. is a Delaware corporation with branch offices in Irvine, Calif., New York and Verona, Italy. Global Energy is expanding its business operations specifically in the areas of distribution, finance and energy.
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 the 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 or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
Contact: Global Energy Resources, Inc. Susan Steffens 1-949-209-8702 Email Contact www.GeriCompanies.com
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
