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CHNW (.0003) Appoints Three New Sales Executives
LAS VEGAS, Jan. 29 /PRNewswire-FirstCall/ - Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now) Cash Now, a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end systems, Internet- based payday loans, and other sub prime financial utility tools, today announced the appointment of three new sales executives. Peter Tate was appointed as Cash Now's new Senior business consultant in charge of new business developments. Mr. Tate will report to the company's CEO, Mr. Winters, directly. Garr Winters, Cash Now's CEO, was instrumental in bringing Mr. Tate aboard. Mr. Winters said, 'Peter comes to us with a wealth of knowledge, and experience in the hospitality industry and more importantly his ATM background which could prove monumental to our sales success.'
The company confirms that it plans to launch a National marketing campaign for license sales within the next 60 days, on various Internet portals. Mr. Winters added, 'All of the ingredients are in place to bring our sales force back to it's 'hay days', meaning the days before Cash Now experienced many business interruptions such as the hurricanes in Florida, to name a few, which in turn was reflected in the erosion of our share value. We are under tremendous self imposed pressure to see all of our hard work come to fruition and, as soon as our legal team finalizes the Forex intermediary agreement with our operating broker, our plans are to fire on all cylinders to make all of this happen. In closing, the management believes that we can better our 2005 results with the team and the advisors we currently have in place.'
Cash Now Background
Cash Now Corporation, a pioneer in the Internet payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The company's proven business model includes licensing to corporately operate locations across the U.S. and Canada. Additionally, Cash Now's Web site is the most advanced payday-lending portal, offering key insight to clients and potential clients alike. Cash Now offers a payday loan license program, Payday Express; and a payday loan and check cashing license known as Check Express. Cash Now, with its web based and focused outlook, has won the Golden Web award in 2001, 2002, 2003 and 2005. In 2005 Profit Guide magazine ranked the Cash Now Group 10th in its list of the 50 fastest growing and most promising emerging companies. In 2005 Cash Now was ranked # 44 out of top 1000 fastest growing franchising companies by Entrepreneur guide.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Sungold International Holdings Corp. today announced that it has acquired an exclusive license on patents for the first ever lottery to be based on actual live horse racing. To be launched as Horsepower(R) World Pool Lottery, the license grants Sungold(R) the rights to a suite of lottery games that will include live horse racing at participating racetracks. In general the patents cover live and virtual horse, dog and auto races across North America.
Horsepower(R) World Pool Lottery will provide players two separate multi-million dollar lottery opportunities on live races. The first is the Horsepower Pick 7(TM), which will require the selection of the first place finisher in each of seven races held at as many as seven participating racetracks on weekends only. The second is the Quick6(R), requiring the player to select the first six finishers in correct order in a race on an hourly and daily basis. Carryover pools are expected to build to multi-million dollar proportions on a regular basis and both unique contests will offer other prizes in addition to the grand prizewinner.
Furthermore, Sungold(R) is pleased to announce that in addition to the licensed signal fee to the content providers, the company will be directing a portion of the takeout on the Horsepower(R) World Pool Lottery games to recognized North American Horsemen's Associations for direct purse enhancements for horsemen.
"Besides giving the millions of North American lottery players an exciting new choice of play with the opportunity to win lucrative payouts similar to the ever-popular Powerball(R), our game will also directly support the racing industry," says Larry Simpson, President and CEO of Sungold's subsidiary Horsepower Broadcasting Network (HBN) International Ltd. "This is an exciting milestone for our company. For the first time, using this technology, the racing industry can market their content outside of existing distribution channels while introducing the excitement and the pageantry of horseracing to the lottery player with greater frequency than any existing lottery game."
Using licensed signal feeds for security and contractual purposes, the races can be shown live, for example on television, simulcast network, or streamed over an Internet environment bi-weekly, several times a day or potentially as many as several per hour. Tickets on the Horsepower(R) World Pool Lottery events may be purchased at a wide variety of locations including racetracks, casinos, kiosks, online, as well as general retail locations like convenience stores, supermarkets or anywhere that conventional lottery tickets are currently sold.
The Horsepower(R) World Pool Lottery was developed and licensed to Sungold(R) by experienced Thoroughbred breeder and owner Todd Stinson, Sungold's Racing Industry Consultant whose appointment is also announced today. Mr. Stinson recently founded VirtualTote(TM), a unique Internet-based electronic pari-mutuel wagering system that enables wagers made using the Internet to be 'on track' rather than using a third party Advance Deposit Wagering company. In addition Mr. Stinson is President of thoroughbredstyle.net, the electronic version of the new horseracing magazine 'Thoroughbred Style', a high profile lifestyle publication.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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NEOM and Gavitec Reach Agreement on Acquisition Price
PR Newswire "US Press Releases "
FORT MYERS, Fla., Jan. 29 /PRNewswire-FirstCall/ -- NeoMedia Technologies, Inc. (OTC Bulletin Board: NEOM), a global leader in mobile enterprise and marketing technology, today announced an amended agreement with the former shareholders of Gavitec AG -- a wholly owned subsidiary of NeoMedia acquired in February 2006 -- satisfying a make whole provision on the purchase of Gavitec for 61 million shares of NeoMedia common stock and $1.8 million in cash. Based on NeoMedia's current share price of $0.052, the original share purchase agreement called for a cash payment of approximately $4.6 million by March 2007.
Gavitec AG is a specialist in designing and manufacturing flexible and easy-to-use code readers for mobile marketing, mobile ticketing and mobile couponing.
In the new amended agreement stipulating the terms of the sale, NeoMedia also agreed to reimburse $100,000 of costs related to the acquisition to the primary former shareholder of Gavitec. NeoMedia has agreed to pay all due monies and shares no later than Feb. 28, 2007.
"This is a positive outcome for NeoMedia, and we are excited to execute our business plans with Gavitec, which remains a core component of our overall strategy," said Charles W. Fritz, interim CEO and President of NeoMedia. "This agreement is a vote of confidence by former Gavitec shareholders in NeoMedia's business plan and stock value."
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (www.neom.com), is a global leader in mobile enterprise and marketing technology, bridging the physical and electronic world with innovative direct-to-mobile-Web technology solutions. NeoMedia's flagship qode service links the world's leading companies to the wireless, electronic world. NeoMedia is headquartered in Fort Myers, FL, with an office in Aachen, Germany.
SOURCE NeoMedia Technologies, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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AAGH (.133) Live Press Conference 1/29/2007
LOS ANGELES, Jan 29, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Asia Global Holdings Corporation (OTC Bulletin Board: AAGH) will hold a live press conference in China which can be viewed in the US on the Company's website www.asiaglobalholdings.com at 3:30AM Eastern time January 30.
The press conference will be held in Guangzhou to announce agreement between UK based Celador International Limited, the format owner of the global phenomenon "Who Wants To Be A Millionaire?" TV show, and China Media Power Ltd. (CMP), a 60% owned subsidiary of Asia Global Holdings Corp, that will produce and broadcast "Who Wants To Be A Millionaire?" in China beginning on or about May 1, 2007.
About Asia Global Holdings Corporation
Asia Global Holdings Corporation (OTC Bulletin Board: AAGH) has a strong focus on building business in China and other emerging regions and markets in Asia and Worldwide. The company's present subsidiaries participate in media & advertising, marketing services and TV entertainment. The Company has offices in the US, Hong Kong and China.
Forward-looking statements in this document are not historical fact as 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform of 1995. Forward-Looking statements are not guarantees of future performance. Our Forward -Looking statements are based on trends we anticipate in our industry and our good faith estimate on the effect on these trends of such factors as industry capacity, product demand, and product pricing. These statements are also subject to risks and uncertainties beyond our reasonable control that could cause of actual business and results of operations, to differ materially from those reflected in our forward looking statements. You may find all other information about Asia Global Holdings Corporation on the Securities Exchange Commission website, WWW.SEC.GOV .
Copyright (C) 2007 PR Newswire. All rights reserved
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SALT LAKE CITY, Jan 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- Nexia Holdings, Inc. (OTC Bulletin Board: NEXH), through its wholly owned subsidiary Gold Fusion Laboratories Inc., announced today the grand opening of the Magical Funhouse Flagship Store of Black Chandelier, located at the Fashion Place Mall, a property of General Growth Properties (NYSE: GGP), in Murray, Utah. To view pictures of the unique retail space, visit http://www.blackchandelier.com/fashionplace.html. With the assistance of the Murray Chamber of Commerce, the Magical Funhouse Flagship Store of Black Chandelier officially opened with a ribbon cutting ceremony held on Friday, January 26, 2007.
Jared Gold, founder and head designer of Black Chandelier, commented, "What we have created is a personalized, unique shopping experience that sets us apart from the 'big box' retailers. The positive turnout for our celebration confirmed that we have created a truly unique retail concept. Many attendees expressed enthusiasm for our designs and the store's layout. We think the curiosity factor alone will create continuous store traffic, appealing to tourists as well as loyal customers. The Black Chandelier design team is dedicated to bringing new apparel and other merchandise to the store, which will continually refresh our inventory. The Fashion Place Mall store sets the standard for opening future Black Chandelier retail stores."
Richard Surber, president of Nexia Holdings, Inc., said, "Based on stores of similar size in the Fashion Place Mall, the new Black Chandelier store is projected to generate annual gross sales in excess of $1 million. This will be the first of many more stores that we plan to open at General Growth Properties locations, and other upscale malls around the country."
Posts: 1086 | Registered: Oct 2005
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CHNW (.0003) Announces E Payment or E Wallet Products With Buy Rates PR Newswire - January 30, 2007 07:30
LAS VEGAS, NV, Jan 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- Cash Now Corporation (CHNW.PK) www.cashnow.com (Cash Now), is a public company engaged in the design, manufacture, marketing and distribution of customized payday loan and check cashing software and white label or private label back end systems. Through its www.cashnow.net site the company offers Internet-based payday loans, and other sub prime financial utility tools. The company today announced that it will begin offering "e wallet" prepaid financial service products and services to its licensees as an add on feature to their system. This powerful Electronic Wallet is called the EM2 (Electronic Money Management). Its applications can be set to issue an "Electronic Wallet" to each employee or even for companies involved in Multi Level Marketing.
The Solutions Card is a full-function branded brand name Debit Card integrated with the EM2 Electronic Wallet. The Solutions card can be issued to U.S.A. companies' employees and members in the U.S.A. and worldwide, even if they are non-residents of the U.S.A. The EM2 is an Electronic Wallet; designed applications are: Employee payroll, International payout Business-to-Consumer (such as MLM), Business-to-Business and for some enterprises, it can provide Auto-ship charge with no charge-back. Some of the other features include Check writing - EM2 account holder can write checks, and Reloading Globally. Lastly, a consumer or a business can use the EM2 "Electronic Wallet" without the debit card - especially for money transfer and remittance purposes.
Garr Winters, Cash now's CEO, said, "while this product can add several thousand dollars to each Cash Now license system sale, where we see growth of this product is in its ability to offer money transfer and remittance services both domestically and internationally. This product has the ability and functionality to compete directly with those services offered by companies such as Western Union and Moneygram. We are very keen on bringing this product to the marketplace in its full capacity, and are very keen on hearing from other existing money transfer independent operators who are servicing the Central and South American markets with 'traditional' money transfer service providers".
Cash Now Corporation, a pioneer in the Internet payday loan industry, is developing the most comprehensive menu of services in the cash advance industry, all centered on the Cash Now brand. The $6.56 billion loosely regulated check cashing, payday loan, and money transfer services (serving 35% of the US population) remains a lucrative marketplace. Cash Now develops systems to allow companies to accept the business of consumers with spotty credit records who have been rejected by traditional banks, or the "unbanked" that choose not to maintain checking accounts. Explosive growth has taken place in the young payday advance business in recent months. In addition, many workers in southern California, Texas and other areas wire an estimated $10-12 billion to relatives at home, contributing to a booming business growing 15-20% per year. There are 13,000 check cashing outlets, 14,000 pawn shops, 10,000 payday loan stores and 154,000+ money transfer agents competing for this business today. Many stores/services overlap - providing multiple services at the same site.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Cash Now's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Cash Now's periodic reports filed with the regulatory authorities.
SOURCE Cash Now Corporation
Cash Now Corporation, Tel: 1-888-224-9641, www.cashnow.com, cashnowcorp*cashnow.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Clickable Enterprises Generates Over $1M In Revenue For December
Jan 30, 2007 08:48:04 (ET)
LARCHMONT, N.Y., Jan 30, 2007 (BUSINESS WIRE) -- Clickable Enterprises, Inc. (CKEI.PK), the first Internet-based home heating oil company, announced today that it generated $1,057,253 in revenue for December, compared with $941,046 generated in December 2005, representing a 12.3% increase. 499,069 gallons of oil were sold, compared with 428,221 gallons sold in December 2005, representing a 16.5% increase. Gross profit was $168,801 for December, compared with $169,035 in December 2005, representing a slight decrease of .1%.
Nicholas Cirillo, Jr., president of Clickable Enterprises, said, "Though temperatures on the East coast in December were approximately 20% warmer as compared with the same month in 2005, we are pleased to announce that December's revenue is up 12.3% nonetheless." Cirillo adds, "We continue to have great expectations as we approach our fiscal year end in March, as our portfolio positions us to generate strong revenues month to month, while we focus on projects that will continue adding value to our company and shareholders."
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based heating oil company to offer customers affordable heating oil 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 continues to grow through acquisitions and marketing efforts, including its sponsorship agreement with Google, Inc. (GOOG, Trade ), the world's largest Internet search engine. Clickable Enterprises currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland.
-------------------- It is better to be thought a fool than to speak and remove all doubt. Posts: 357 | From: Minnesota | Registered: Jun 2005
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FNIX (.0024) Casio Adds New e-Dictionary Models for 2007 with Fonix Speech Technology
Business Wire "US Press Releases "
SALT LAKE CITY--(BUSINESS WIRE)--
Fonix Speech, Inc., a wholly owned subsidiary of Fonix(R) Corporation (OTCBB:FNIX), specializing in embedded speech interfaces for mobile devices, handheld electronic products, video game systems and processors, announces Fonix DECtalk(R) text-to-speech (TTS) and Fonix VoiceCompress(TM) on 22 new models of electronic dictionaries manufactured by Casio Computer Co., Ltd., a market-leading device manufacturer headquartered in Tokyo, Japan. Nineteen models will be available in Japan and three models will be available in Korea. Fonix receives unit royalties from the sale of each device.
"Fonix is pleased to continue our relationship with Casio as the speech technology provider for their line of top-selling electronic dictionaries," says Walt Nawrocki, Senior VP and GM, Fonix Speech. "Casio is dedicated to providing their customers with high-quality, convenient products to help them learn new languages. Japanese and Korean customers looking for ways to expand and enrich their language skills will find superior solutions in Casio's new products, which are augmented with Fonix speech technology."
Casio's 22 new models of e-dictionaries -- 19 models in the Japanese series XD-SW and XD-GW, and three models in the Korean series EW-H -- feature Fonix TTS and Fonix VoiceCompress. Multiple models ensure that users find the best device suited to their needs, whether they are businesspersons, students or tourists.
Fonix DECtalk "speaks" to the e-dictionary user in clear, easy-to-understand TTS voices, demonstrating how to pronounce vocabulary words as well as speaking example sentences in five different languages: English, Castilian Spanish, German, Italian and French. Additionally, Fonix VoiceCompress allowed Casio application developers to significantly compress audio files, freeing up device memory for more content and other functions. Fonix speech technology conforms seamlessly to manufacturers' development needs.
"Casio is the dominant market leader in the electronic dictionary space in Asia," continues Nawrocki. "According to a recent survey by Gfk Japan, they continue to hold the number one share of the Japanese market. Fonix's continued relationship with Casio is a proven partnership with a great track record. E-dictionaries are only growing in popularity, and Fonix is confident of our place as the primary speech technology provider for this market."
For more information about Fonix speech solutions, visit www.fonix.com, or call 801-553-6600 and say "Sales."
About Casio
Casio Computer Co., Ltd. is one of the world's leading manufacturers of consumer electronics products and business equipment solutions. Since its establishment in 1957, Casio has strived to realize its corporate creed of "creativity and contribution" through the introduction of innovative and imaginative products. Today, Casio's offerings include timepieces, digital cameras, cellular phones, electronic dictionaries, calculators, musical instruments, system equipment, and electronic components such as LCDs.
About Fonix DECtalk
Fonix DECtalk offers the smallest memory footprint for a multi-language, full-dictionary text-to-speech engine in the industry. Fonix DECtalk is specifically engineered for small devices and limited memory applications and provides a standard of intelligible and natural sound quality that surpasses competitive offerings. Version 4.6.5 supports the widest array of hardware platforms and operating systems on the market and offers nine voices (four female, four male and one child's voice) and seven languages (U.S. and U.K. English, Castilian and Latin American Spanish, French, German and Italian).
About Fonix
Fonix Corporation (OTCBB:FNIX), based in Salt Lake City, Utah, is an innovative speech recognition and text-to-speech technology company that provides value-added speech solutions through its wholly owned subsidiary, Fonix Speech, Inc., currently offering voice solutions for mobile/wireless devices; interactive video games, toys and appliances; computer telephony systems; the assistive market; and automotive telematics. Fonix provides developers and manufacturers with cost-effective speech solutions to enhance devices and systems. Visit www.fonix.com for more information, or call 801-553-6600 and say "Sales."
Statements released by Fonix that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
Source: Fonix Speech, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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AXGJ (.0027) International Building Technologies Inc., a Subsidiary of Axia Group Inc. Establishes Shanghia Office, Offers Update on Progress in China Jan 30, 2007 6:00:00 AM
SAN DIEGO, Jan. 30 /PRNewswire-FirstCall/ -- International Building Technologies, Inc., a wholly owned subsidiary of Axia Group, Inc. (OTC: AXGJ), announced today that it has established an office in Shanghai as part of it commitment to set up operations in China. The Company's Shanghai office will support the Company's administrative and development operations, particular as it relates to its current efforts to establish a panel production plant in the city of SuiJang, China.
Stated Jeffrey Flannery, CEO of Axia Group, Inc., "We have moved forward in our efforts to meet the requirements of our contract with the Chinese government to establish operations in that country. The Shanghai office is strategically located to support these efforts and will serve as our primary administrative office in China."
IBT recently signed a Memorandum of Understanding with the Chinese government to establish an Axia panel production plant and to provide engineering support in the building of a new city of SuiJang. A new hydroelectric dam, the fourth largest in the world, is being completed in this area and will submerge the current city of SuiJang. The new city is being designed to accommodate the current residents as well as create new industries in the region. IBT is contracted to be the sole provider of Axia panels for this project which is estimated to require more than 3 million square meters of panel per year.
Added Flannery, "We are currently working with the Chinese government on meeting the certification process of our panel technology in that country. We have also identified land for the new panel production plant in SuiJang and are excited to being construction soon. Our goal is still to have an operational panel production plant by or before August 2007."
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of AXGJ officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future AXGJ actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and AXGJ has no specific intention to update these statements.
SOURCE Axia Group, Inc.
----------------------------------------------
Janet Whitehead of Axia Group Inc. +1-619-466-4701 jwhitehead*axiagroup.info
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Pilgrim Petroleum, Corp. CEO Featured in Exclusive Interview With WallSt.net Tuesday January 30, 7:00 am ET
NEW YORK, Jan. 30 /PRNewswire/ -- On January, 25, Rafael Pinedo, Chief Executive Officer for Pilgrim Petroleum, Corp. (Pink Sheets: PGPM - News) updated the investment community in an exclusive interview with www.wallst.net . Topics covered in the interview include an overview of the Company and the markets it serves, recent press releases, current capitalization, upcoming strategic and financial milestones.
To hear the interview in its entirety, visit www.wallst.net , and click on "Interviews." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the respective company's ticker symbol in the Search Archive window.
Posts: 256 | Registered: Oct 2005
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Company to Effect a 2 for 1 Forward Split of Its Common Stock
NEW YORK, Jan. 30, 2007 (PRIME NEWSWIRE) -- Great West Gold, Inc. (Pink Sheets:GWGO) confirms that the Company authorized a 2 for 1 Forward Split of the Company's Common Stock.
This Forward Split is effective from February 8, 2007 and that will serve as the "Record Date". The Company has filed Notice of this action with the NASD.
This Stock Dividend will be electronically credited to stockholders brokerage accounts shortly after the "Record Date," being February 13, 2007. Those stockholders who are not holding their stockholding with their Brokers or hold restricted shares of the Company's Common Stock, will receive their Stock Dividends in certificated form, to be held by "on book" by the Company's Transfer Agent.
The rationale for this Forward Split of the Company's Stock is that the stock price could not be trading at a lower price than it is at this time, and this action will effectively result in a 100% increase in stockholder value, as from February 8, 2007.
The new President of the Company, Mr Pete Bezzano commented that after reviewing the numerous stockholder communications in respect of the stock price, it was decided to provide immediate relief to stockholders through this Forward Split of the Company's Common Stock.
About Great West Gold, Inc.
Great West Gold, Inc., www.greatwestgold.com, a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company has Gold assets through its holdings in "Bouse," "Mockingbird," "Ambassador," "Yaba," "Golden Eagle," "Bonanza," "Storm Cloud," "Starlight," "Venezia," "Federal," "Buffalo Lime Cap," "Red Cloud," "South Copperstone" and "Gladstone Lookout" Gold Mining Projects. The Company's Copper assets are "Copper Mountain," "Swansea," "Tip Top" and "Mineral Mountain." The Company holds five of these Mining Assets through its 51% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The other Mining Exploration Projects are 100% controlled by the Company.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
CONTACT: Great West Gold, Inc. + 44 845 127 4051 investor*greatwestgold.com
Posts: 731 | From: OHIO | Registered: Jan 2006
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BIGN (.011) Issues WW Oil and Gas Special Dividends Tuesday January 30, 10:00 am ET
TYLER, Texas, Jan. 30, 2007 (PRIME NEWSWIRE) -- Biogenerics Limited (Other OTC:BIGN.PK - News) announced that the Company will be issuing WW Oil and Gas Inc. dividend shares to their shareholders of record as of January 2, 2007. The special dividend shares will be issued out on January 30, 2007. Shareholders of record will receive 1 (one) WW Oil and Gas common share (restricted) for every 19 (nineteen) Biogenerics shares held. The shares will be administered via WW Oil and Gas Transfer Agency. Website: http:/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 Posts: 10204 | From: NYC | Registered: Mar 2006
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PASADENA, MD -- (MARKET WIRE) -- 01/30/07 -- CTR Investments & Consulting Inc.(PINKSHEETS: CIVX) announces the acquisition of Postidea.com a definitive online source connecting entrepreneurs and investors for more efficient business investments. PostIdea.com delivers the opportunity to share an entrepreneur's drive, expertise and profit potential with the global investment marketplace. Connecting developing business ideas and potential with investments across industries, regions and borders, PostIdea.com is at the center for the investor audience. PostIdea.com has access to potentially $5 Billion in investment capital amongst its partners.
"The acquisition of PostIdea.com adds to the products and services that CTR offers its target audience and maintains its initiative to diversify the Company's revenue base," states Jerry Janik, CEO. He further states that PostIdea.com leverages the Internet to streamline the process of investment and provides a marketplace for inspired entrepreneurs. Through PostIdea.com, investors choose to contact and work with the business/investment opportunities that match their criteria and areas of interest.
PostIdea.com services are tailored for:
-- Businesses seeking to develop financing for business development initiatives; -- Startups seeking to raise initial financing between $250,000 and $10 million; -- Ventures seeking to develop business or technology partners; -- Institutional and private investors to quantify and qualify the best portfolio-matching opportunities.
Postidea.com provides a centralized method to raise capital, engage potential partners through a secure channel to high quality, networked investors as:
- Bankers - Private Investors - Former CEOs - Business Development Organizations - Franchise Developers - Corporate Executives - Venture Capitalists - Angel Investors - Industry Specific specialists - Industry Specific technology Partners - Investment Bankers / Fund Managers
About CTR Investments & Consulting, Inc.
CTR Investments & Consulting, Inc. provides a family of services and products used by customers in the Small and Medium sized business verticals. CTR specializes in identity information and data assurance, information technology, marketing and education; www.ctrinvest.comwww.visitant.orgwww.postidea.com
For further information on CTR Investments & Consulting, Inc., contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127.
Safe Harbor
Except for historical information, all other information provided in this news release consists of "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1935. These "forward-looking statements" are subject to risks and uncertainties, which could cause actual results to differ materially from those projected, anticipated or implied.
Contact: Rich Kaiser Investor Relations YES INTERNATIONAL 800-631-8127
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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RGNO (.029) Yields Huge Success Bringing First Well of 2007 On-line
Business Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
Regions Oil & Gas, Inc. (Pink Sheets:RGNO) announces today the final completion and testing of the W D #1 gas well in Beggs, Oklahoma, has been completed. This well tested at approximately 273 MCF per day and has been tied in to the local gas gathering lines for production.
"The field (location of well) is very promising. We thought we could make a well here, and now we have proof of what is actually in the ground. After it settles in, we are planning on completing a fracture of the formation utilizing state-of-the-art technology, which should further increase production. Potentials are as much as 1000 MCF per day.
"Also, we are currently formulating plans for the drilling of at least two more wells in this field. We should begin work on these in the next few months. Our relationship with Seminole Oil is beginning to show its value; it ensures we have a rig, the necessary drilling equipment and the expertise to complete a project when we need it. I am very optimistic about this well and the field's future," stated Jerry Griggs, CEO.
About Regions Oil & Gas, Inc.:
Regions Oil & Gas Corporation ("Regions" or the "Company") was formed to initiate, manage, acquire, supervise and operate oil and gas ventures and to otherwise engage in the oil and gas industry and exploration business. The Company solicits and acquires from accredited and institutional investors, the capital necessary to lease, develop, and complete oil and gas wells. Their philosophy and strategy is "Bringing New Life to Old Forgotten Fields." The fields in question were generally produced in the early 1900's with the mind set and technology created during the industry's infancy. As a result, these wells have large amounts of oil still in reserves.
Disclaimer:
Certain information included in this communication contains statements that are forward-looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Source: Regions Oil & Gas, Inc.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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CCAA (.025) Undersea Resort Acquires Trinetics Group for $5 Million
Business Wire "US Press Releases "
TITUSVILLE, Fla.--(BUSINESS WIRE)--
The Undersea Resort, trading under the symbol of CCAA, has acquired Trinetics Group for $5 million. For over two decades, Trinetics has satisfied the plastic welding needs of both major corporations as well as small businesses throughout the United States and abroad. Trinetics Group's Plastic & Metal welding systems are designed and built with the philosophy of providing the right equipment for the application. Allied Signal, Honeywell (HON), Dell Computer (DELL), Gateway Computer (GTW), IBM (IBM), Whirlpool (WHR), Cuno (MMM), and General Electric (GE) are just a few who have benefited from our experience and expertise.
Trinetics offers several lines of high-tech patented welding equipment, starting with standalone bench models to fully automatic assembly systems. We have research laboratories for prototyping product development. Trinetics is located Titusville, Florida, in the Space Port Industrial Park, which is in Foreign Trade Zone 136. We are located with several other companies who support NASA at the nearby Kennedy Space Center.
Trinetics Group has a very modern facility with all of the amenities to support your current and future products. As of today, Trinetics Group's total assets are $5 million. However, in the near-future, the assets could grow as high as $100 million. For further information about the Trinetics Group www.4tg.us acquisition, see the company's 8-KSB to be filed soon with EDGAR.
The Undersea Resort feels strongly that the Trinetics Group acquisition will add value during the construction of the Undersea ship. We are very pleased to have Mark Hofius as the President to continue leading the existing key management team.
About the Undersea Resort:
A leading company in the ocean leisure industry building the first Undersea resort and residences. The Undersea will bring a private floating island feeling to secluded offshore locations both tropical and metropolitan. The Undersea Resort trades under the stock symbol of CCAA. Please visit our company website at www.undersearesort.com
Source: The Undersea Resort
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Company to effect a 2 for 1 Forward Split of its Common Stock
NEW YORK, NY, January 30, 2007, Great West Gold, Inc. (PINKSHEETS: GWGO) confirms that the Company authorized a 2 for 1 Forward Split of the Company's Common Stock.
This Forward Split is effective from February 8, 2007 and that will serve as the "Record Date". The Company has filed Notice of this action with the NASD.
This Stock Dividend will be electronically credited to stockholders brokerage accounts shortly after the "Record Date", being February 13, 2007. Those stockholders who are not holding their stockholding with their Brokers or hold restricted shares of the Company's Common Stock, will receive their Stock Dividends in certificated form, to be held by "on book" by the Company's Transfer Agent.
The rationale for this Forward Split of the Company's Stock is that the stock price could not be trading at a lower price than it is at this time, and this action will effectively result in a 100% increase in stockholder value, as from February 8, 2007.
The new President of the Company, Mr Pete Bezzano commented that after reviewing the numerous stockholder communications in respect of the stock price, it was decided to provide immediate relief to stockholders through this Forward Split of the Company's Common Stock.
About Great West Gold, Inc.
Great West Gold, Inc., www.greatwestgold.com, a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company has Gold assets through its holdings in "Bouse", "Mockingbird", "Ambassador", "Yaba", "Golden Eagle", "Bonanza", "Storm Cloud", ""Starlight", "Venezia", "Federal", "Buffalo Lime Cap", "Red Cloud", "South Copperstone" and "Gladstone Lookout" Gold Mining Projects. The Company's Copper assets are "Copper Mountain", "Swansea", "Tip Top" and "Mineral Mountain". The Company holds five of these Mining Assets through its 51% holding in Bouse Mining Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc, Golden Eagle Mining Holdings plc and in Sentinel Resource Holdings plc. The other Mining Exploration Projects are 100% controlled by the Company.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:-
Great West Gold, Inc. investor*greatwestgold.com Tel : + 44 845 127 4051
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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