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MYRG (.0065) United Aerospace and Military & Specialty Distributors Sign Marketing Agreement for the QCB Coupler System Designed by NASA
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 01/08/07 -- Military & Specialty Distributors, Inc. (a wholly owned subsidiary of Military Resale Group, Inc. (PINKSHEETS: MYRG) and United Aerospace, Inc. (a division of Kading Companies, SA (PINKSHEETS: KDNG) announced today that they have entered into an agreement whereby Military & Specialty Distributors will be the exclusive sales representative to sell United Aerospace's QCB coupling system throughout the United states Government including the department of defense; all military branches; Coast Guard and the Defense Commissary Administration.
Nick Kontonicolas, Chairman of Military & Specialty, stated, "We are pleased to be working with United Aerospace and are really excited about the opportunity to market this unique coupling product to the US military markets. With the diverse application available to this technology we believe we can develop several military uses including trailer hitch couplings to temporary communication towers and surveillance towers. "The introduction and marketing of this product to the military ushers in our 'New Scope and Enhancement' direction of our reorganization plan for MYRG. We expect numerous new products and services to be introduced in the coming months."
"This is a very significant event for United Aerospace. Mr. Kontonicolas is excited about the potential and we are pleased to have him on board with us," stated Kevin Kading, President, United Aerospace.
About Military Resale Group, Inc.
Military Resale Group, Inc. (MYRG) has been in business for over eight years with a solid track record as a specialist in military distribution. MYRG recently formed a new subsidiary company, Military & Specialty Distributors, Inc. ("MSDI"). MSDI will focus on the planned expansion as a national distributor to service commissaries and retail services throughout the DeCA system, and the 13.7 million patrons who purchase $5 billion in products each year. MSDI has identified numerous new products to market that will enhance the company's revenues and profit margins. The company has also begun to expand its retail operations which now mirror the expanded Military Resale Group wholesale operations. Military Resale Group historically sells a wide variety of grocery and household items. More information on Military Resale Group can be found at: http://www.qualitystocks.net/clients.php?clientid=military,http://www.myrg.net
Kading Companies focuses on finding technologies that have the potential to break into multi-billion dollar global markets, with devices that are more conducive for the end user and are cost competitive against existing products.
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.
CONTACTS: Military Resale Group, Inc. 212-709-8083 info*myrg.net
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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HFGB (.27) Announces Start up of a New Production Facility
Business Wire "US Press Releases "
XI'AN, China--(BUSINESS WIRE)--
Huifeng Bio-Pharmaceutical Technology, Inc. (OTCBB: HFGB) the leader in developing and producing plant extracts, pharmaceuticals and pharmaceutical raw materials in mainland China and internationally, announced today the start up of a new production facility in Xi'an, China, which will be processing an initial 1.5 tons of L-Rhamnose with a value of about $100,000 to be exported to the K.F.M. Company in Germany. L-Rhamnose, fermented and extracted from waste materials of Quercetin, is an additive used in a variety of health foods. Other Huifeng products include Troxerutin, Quercetin, Ginko Biloba and Diosmin, manufactured for use as the building blocks of drugs, dietary supplements and as additives in functional foods and beverages.
"This represents a major expansion of the manufacturing capacity for Huifeng," said Jing An Wang, Founder and CEO of Bio-Pharmaceutical Technology, Inc. "We believe that this demonstrates our ability to access foreign markets with our quality products."
U.S. drug and nutraceutical manufacturers' demand for Rutin, Quercertin and Troxeruin is expected to grow by approximately 15% in the next four years, according to industry projections.
About Huifeng Bio-Pharmaceutical Technology, Inc.
Huifeng Bio-Pharmaceutical Technology, Inc. located in Xi'an, People's Republic of China, develops and produces plant extracts and pharmaceutical raw materials for use in pharmaceutical, nutraceutical and food production. It is the leading Chinese producer of Rutin and related plant-derived chemicals in a class called Flavonoids, with medicinal and other beneficial properties. Founded in 2000, Huifeng uses proprietary patented processes to extract Rutin more efficiently than traditional extraction techniques. The Company is diversifying its product lines through internal development, acquisition and cooperation with scientific research organizations.
Cautionary Statement Regarding Forward Looking Information
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. All readers are encouraged to review the 8-K to be filed in connection with the acquisition discussed above, which outlines risk factors including deal terms and other relevant items. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the companies, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the companies disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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RMDG (.0004) Ratifies Capital Structure and Enters Into Investment Negotiations For 2007
PrimeZone "PrimeZone "
PHILADELPHIA, Jan. 8, 2007 (PRIME NEWSWIRE) -- RMD Entertainment Group (Pink Sheets:RMDG) announced today that the Company has ratified its Nevada State filings as follows: Total Authorized share capital is 5,000,000,000 (Five Billion shares), the issued and outstanding common shares are 2,844,161,562. The Company also ratified the voting and conversion rights of RMDG Series A shares, which vote Fifty (50) votes per shares and convert to Fifty (50) common shares after two years of consecutive ownership. The Company also created a Series B preferred share allocation, with super voting rights of 100 votes per shares and convertible into 100 shares of common upon conversion after 24 months of consecutive ownership. There are 59,000,000 Series A preferred shares issued and outstanding which represent the Officers and Directors voting majorities. There are no shares of RMDG Series B outstanding at this time.
The Company has entered into negotiations with a NYC based investment firm to secure between $1,500,000 and $5,000,000 in financing for special purpose investments during the coming year.
"This is a unique opportunity that comes at the right time for the company," said RMD CEO Giorgio Costonis. "We have many projects slated for release this year and having a financial partner that understands the music industry offers us greater flexibility in terms of numbers of products brought to market and the speed in which we can deliver those products to our distributors around the world. As you know, we have two products in stores in North America now. They are Blockstar DVD magazine and Roc Monee's debut album Diamond in the Rough. National radio advertising began for Roc's album on December 25th and will continue throughout the length of his release. We remain encouraged and excited about the early returns from each project and expect a significant return from Roc' debut album. These projects have allowed us to establish confidence in our rhythm as a company when we feed future releases into our vast distribution channels. In 2007, we plan to release 6 music CD releases and 3 to 5 DVD titles. We look forward to prosperous relationships in 2007 with companies such as I-tunes, Sony Connect, Napster, X Ringer, Best Buy, Circuit City, FYE, Coconuts, Amazon.com, and Borders, all of which have carried RMDG product during one time or another since late August. Now that the company has begun to function in the retail arena on-line with digital sales and in traditional brick and mortar store fronts, our focus has become consistency in product delivery and promotion so that we can maximize each revenue stream for each release. We continue to strive for excellence in our quest to become recognized as one of the top companies in Hip-Hop and Urban Media content in the world."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of hip-hop' music, including compact discs, digital downloads, and personal ring tones' for mobile phone customers, as well as other hip- hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDA's. The Company current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-looking statements in this news release relating to the Company's expectations regarding RMDG demand and pricing are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used herein, words such as "expect" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions made by and information available to RMDG Entertainment Group, ION Media Networks, Inc. and Real Hip Hop Matrix Corp. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, the future demand for, and sales volumes of, the Company's products, future production volumes, efficiencies and operating cots, increases or decreases in the prices of the Company's products, the Company's future stability and growth prospects, the Company's future profitability and capital needs, including capital expenditures, and the outlook for and other future developments in the Company's affairs or in the industries in which the Company participates and factors detailed from time to time in the Company's periodic reports filed with the United States Securities and Exchange Commission, and other regulatory authorities. The Company has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: For RMD Entertainment Group Jed Wallace, Publicist (310) 234-3200 Mobile: (310) 403-0559 jwallace*mphpr.com
*** NewsWire Stephen Sandifer (214) 461-3418 stephen****.com
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USCA (.035) New Management Team Files Audited 2004
Business Wire "US Press Releases "
LAS VEGAS--(BUSINESS WIRE)--
U. S. Canadian Minerals, Inc. (PINK SHEETS:USCA) announced today the company's 2004 audited 10KSB has been filed with the Securities and Exchange Commission, beginning the process of regaining full compliance and reporting status. The management team also expects to file the remaining past due reports in the near future, anticipating achievement of full compliance during the first quarter of 2007, at which time an application for reinstatement to the OTC Bulletin Board will be made. To this end management is finalizing negotiations to retain Ronald N. Silberstein CPA PLLC to complete 2005 and 2006 audits. Management has since February of 2006 retained James Vandeberg of The Otto Law Group as corporate counsel.
Management states that it is pleased that the process of getting up to date on filings has started. At the same time, Management also wishes to establish regular communications with shareholders and the investment community. To this end, USCA revealed an updated corporate website at www.uscanadianminerals.biz, which will play a key role in facilitating this improved communication. During the upcoming weeks, the Company will focus on completing all remaining audits and developing strategic corporate objectives which have been identified in 2006. USCA will be using the website to provide additional details on assets, corporate goals and objectives. Above all, USCA looks forward to the future, with a keen focus on significantly improving shareholder value.
Source: U. S. Canadian Minerals
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SNTX (.042) Makes Official Offer for BenQ-Siemens Germany
PrimeZone "PrimeZone "
CLEVELAND, Jan. 8, 2007 (PRIME NEWSWIRE) -- Sentex Sensing Technologies, Inc. (OTCBB:SNTX) (http://www.sentextech.com), Henrik Rubinstein, President, and Bob Kendall, Chairman and Treasurer of Sentex Sensing Technologies, Inc., stated today they are making an offer to purchase BenQ Mobile GmbH & Co. OHG, Market Brand "BenQ-Siemens."
The previous Siemens Mobile Division filed insolvency and is under the administration of Prager Insolvency Administration Team Munich.
Sentex stated their interest is based on the strong technology of the previous Siemens R&D as well the market access in Europe which produced more than 20 million high end mobile phones in the past year to consumers. Some joint developments on the Sentex Biometric product line brought the business line to the table.
Sentex is in discussions with several financial institutions for the strategic financing for the deal to succeed.
The administrative team of BenQ Mobile was very helpful in the due diligence process and created with Sentex a strong business model based on the previous $2 billion revenue from BenQ Mobile GmbH.
About Sentex Sensing Technologies, Inc.
Sentex Sensing Technologies, Inc. is a multimodal biometric technology company. Sentex provides fingerprint, facial and voice biometric technologies, as well as systems, and critical system components that empower the identification of individuals in large-scale ID and ID management programs.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sentex, and members of its management as well as the assumptions on which such statements are based. update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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