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SGIHF(.085) Announces Agreement With US Sales Agency to Market SportsPageTV and Incorporates New Subsidiary for Coordinating North American Sales
Sungold International Holdings Corp. today announced an agreement with the US-based company, Ambassador Sales & Service LLC, to market the SportsPageTV (SPTV) infrastructure, an up-to-the-minute sports scores and odds system in the United States, and then sell the Place Based Advertising. Ambassador, headquartered in Fort Lauderdale, Florida, is establishing representatives initially in Minnesota, Nebraska, Colorado, Oklahoma, Georgia, California and Texas.
The architect of Ambassador is Richard Forsman of Coral Springs, Florida who has 30-years of experience in Human Resources Management, Labour Relations, Employee Development and Training. Throughout Mr. Forsman's professional career he has managed the Human Resources and Labour Relations functions for companies with over 20,000 employees and negotiated numerous labour contracts for companies with revenues up to $3.5 billion, including Vanguard Car Rental and National Car Rental Systems.
Speaking on the agreement with Mr. Forsman, Keith Blackwell, CEO of Sungold International Holdings Corp., said, "Sungold® is very fortunate to have the support and commitment of Mr. Forsman and his company, Ambassador. Mr. Forsman's professional career has shown him to be a highly motivated and results driven manager and we consider his Human Resources skill and experience to be a crucial asset in developing and motivating a dynamic sales force for the SPTV project. He possesses exceptional leadership and training skills and will undoubtedly recruit talented individuals to develop SPTV in the United States market."
Concurrently, Sungold® announced the plan to incorporate a new company, Sports Unified Network (SUN) Inc., for the distinct purpose of coordinating the North American sales effort for the SportsPageTV system. Tony Currie, President of Sungold® has accepted the additional responsibility to head up the new Sungold® subsidiary as President. Richard Henley, General Manager of Commercial Advertising for Racing Unified Network (R.U.N.) Inc. has been appointed Vice President Corporate Development. Together with the administrative staff, they will work closely with Richard Forsman's Ambassador Sales & Service LLC in the United States and the Canadian sales force simultaneously being established by George Morrison, Sungold's Vice President Marketing and Advertising.
About Sungold International Holdings Corp.:
Sungold® is in the business of developing entertainment and e-commerce business in Canada, USA and internationally. Sungold® has three 100% wholly owned subsidiaries: Horsepower Broadcasting Network (HBN) International Ltd., Racing Unified Network (R.U.N.) Inc. and SafeSpending Inc. Sungold® controls the technology, source codes, trademarks, patents, copyrights and the worldwide title, rights and interest in each of the wholly owned subsidiaries. Sungold® is a fully reporting public corporation trading as (OTCBB: SGIHF).
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to future impact on the Company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Such information may contain statements that involve risk and uncertainties and are subject to change, at any time. The Company's results may differ materially from expected results. Information on the factors which could affect the Company's operations or financial results are included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.
Contacts: McDerMedia, Inc. John McDermott Public Relations 1-888-SUN-INTL Email: pr*sungoldintl.com Website: www.sungoldintl.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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DIAAF(.0003) San Francisco Proposes to Ban Plastic Bags!
Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce that its line of environmentally conscious bio-degradable plastic wrap, bio-products and food films meet the demands of the proposed plastic ban in San Francisco.
The Board of Supervisors for the City of San Francisco have proposed a ban on plastics usage by large-scale grocery retailers in the San Francisco area. If this legislation is passed, large-scale grocery stores will be required by law to use grocery bags made of substances such as bio-degradable plastic that can be composted, recycled paper and reusable bags. This proposed ban is endorsed by the Mayor of San Francisco along with the majority of the Board of Supervisors of the City.
In view of the fact that San Francisco may be on the verge of becoming the first city in North America to ban plastic shopping bags as a result of their negative impact on the environment, Diamant believes that its bio-product line is ready to fill the void for bio-products needed in the San Francisco area. Diamant has already shipped 14.6 million feet of its custom-made orange bio-degradable pallet wrap to Sigma Supply of Arkansas and the remaining 7 million feet on order will follow in the next week.
Diamant Bio-Products contain Totally Degradable Plastic Additive (TDPA) Oxo-Biodegradable Technology. TDPA-based plastic products will degrade and ultimately biodegrade. Unlike other plastic, once biodegrading is complete, all that remains is carbon dioxide, water and biomass, all of which are part of the normal bio-cycle.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results.
Diamant Art Corporation and its wholly owned subsidiaries, Diamant Film Inc. and Bio-Plastics Film Inc. do not condone or participate in spam activities, e-mail and fax programs of any manner.
Investors should refer to documents that the Company has filed with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
Contact: Stefan Sudmundsson CEO and President Diamant 905-752-0220
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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SGLS(.024) SqueezeTrigger Price Is $0.07; Approximately 54 Million Shares Shorted Since April 2005 According to ********** Research Report
Signature Leisure, Inc. (OTCBB: SGLS) announced today that **********, www.**********, is initiating coverage of Signature Leisure after releasing the latest short sale data to March 2007.
From April 2005 to March 2007 approximately 701.1 million total aggregate shares of SGLS have traded for a total dollar value of nearly $47.6 million. The total aggregate number of shares shorted in this time period is approximately 54 million shares.
Stephen W. Carnes, President of Signature Leisure, Inc., stated, "Signature's float is approximately 115 million shares. ********** report would suggest that the shares shorted represent over 45 percent of Signature's float. For any party that may have shorted Signature, I believe they will find their miscalculation to be an extremely costly mistake."
The SGLS SqueezeTrigger price of $0.07 is the volume weighted average short price of all short selling in SGLS. When the current price of SGLS exceeds any of the SqueezeTrigger levels, short sellers begin losing money and are much more likely to start covering their positions.
The reported Total Short Interest on February 12th was 300,590 and represents how many shares have been shorted but not yet covered on one day of the month. The first of several short squeezes began when SGLS closed above $.02, where nearly 13.5 million shares have been shorted in the past 2 years. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.**********.
Month Total Vol. Short Vol. Avg. Short Price $ Value April '05 737,405 56,780 $0.04 $ 2,487 May 802,087 61,760 $0.04 $ 2,396 June 11,241,680 865,609 $0.04 $ 38,519 July 30,528,592 2,350,701 $0.04 $ 101,080 August 8,101,091 623,784 $0.03 $ 19,025 September 25,130,782 1,935,070 $0.03 $ 52,633 October 4,490,379 345,759 $0.02 $ 6,085 November 50,732,104 3,906,372 $0.02 $ 82,424 December 83,370,712 6,419,544 $0.08 $ 528,328 January '06 58,027,144 4,468,090 $0.14 $ 613,021 February 37,741,112 2,906,065 $0.17 $ 492,578 March 29,738,800 2,289,887 $0.21 $ 476,296 April 26,871,190 2,069,081 $0.25 $ 517,270 May 9,289,870 715,319 $0.25 $ 177,041 June 10,449,846 804,638 $0.14 $ 109,269 July 17,659,384 1,359,772 $0.06 $ 81,178 August 37,078,012 2,855,006 $0.03 $ 86,506 September 24,615,082 1,895,361 $0.03 $ 49,279 October 83,276,160 6,412,264 $0.02 $ 101,955 November 34,663,720 2,669,106 $0.01 $ 18,950 December 36,321,200 2,796,732 $0.01 $ 16,221 January '07 9,159,584 705,287 $0.01 $ 5,360 February 33,566,692 2,584,635 $0.01 $ 29,723 March 37,462,840 2,884,638 $0.02 $ 55,096
Total: 701,055,468 53,981,271 $0.07 $3,662,730
*short volume is approximated using a proprietary algorithm. **average short price is calculated using a volume weighted average short price. ***short volume is the total short trade volume and does not account for covers.
About Signature Leisure, Inc.
Signature Leisure, Inc. (OTCBB: SGLS) provides investor relations ("IR") services to publicly traded companies. The company also assists privately held corporations by providing consulting services relating to business structure and organizational management in addition to corporate planning and strategic growth management. For more information about Signature Leisure, Inc., please visit the Company's website at http://www.signatureleisure.com
About **********
WWW.********** is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. ********** has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.
********** has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 1,250,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like ********** to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, ********** provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
All material herein was prepared by **********, based upon information believed to be reliable. The information contained herein is not guaranteed by ********** to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Signature Leisure, Inc. has paid $995.00 to purchase data for information provided in this report. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. ********** is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. ********** will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
********** and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of **********, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor.
By visiting ********** or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. **********, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to ********** and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State.
Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. ********** does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. ********** places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.
Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and ********** undertakes no obligation to update such statements.
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.
This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.
Contact: Signature Leisure, Inc. Stephen W. Carnes 407-599-2886 info*signatureleisure.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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PHDT(.151) Enters into a $5 Million Funding Arrangement with Zupintra Communications, Inc.
Thermo Credit, LLC, a receivables funding company that focuses exclusively on opportunities in the telecommunications industry, announced today that it has entered into an agreement with Zupintra Communications, Inc. (Zupintra) a wholly owned subsidiary of Phinder Technologies Inc. (OTCBB:PHDT).
Thermo Credit will partner with Rockland Credit Finance, LLC to provide up to $10,000,000 in receivables financing to Zupintra. The company’s wholesale arm has access to licensed routes in Latin America and represents Thermo Credit’s initial funding venture in the wholesale arena.
Factoring in the wholesale end of communications is a new product for Thermo Credit. “The fact that we have a previous working relationship with Zupintra’s management team gave us the comfort level we were looking for to roll out this product,” commented Seth Block, Thermo Credit’s Executive Vice President of External Operations.
About Thermo Credit, LLC
Thermo Credit, LLC is a receivables funding company specializing in the telecommunications industry. Thermo Credit serves established, well-run telecom companies that need capital to expand their businesses. Thermo Credit works with Long Distance Resellers, Competitive Local Exchange Carriers, Internet Service Providers, Wireless Carriers and various other telecommunications companies. For more information, please contact Seth Block at 504-620-3101 or seth*thermocredit.com or visit www.thermocredit.com.
About Zupintra Communications, Inc.
Zupintra Communications Incorporated is a facilities based wholesaler of international voice traffic within the carrier-to-carrier network. As a wholesale VoIP provider, Zupintra acts as a traffic exchange between next generation telecommunication carriers. For more information, please contact David Putnam at 416-815-1771 or ir*phinder.com or visit www.zupintra.com.
Thermo Credit, LLC Seth Block, 504-620-3101 seth*thermocredit.com www.thermocredit.com or Zupintra Communications Incorporated David Putnam, 416-815-1771 ir*phinder.com www.zupintra.com
Source: Business Wire (March 26, 2007 - 5:00 PM EDT)
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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TELA(.18) Storm Depot Opens First of 12 planned Hurricane Protection Retail Stores
JENSEN BEACH, Fla., March 26 /PRNewswire-FirstCall/ -- Storm Depot announced that it has opened its first Retail Hurricane Protection Outlet in Jensen Beach, Florida. The store is the first of a planned 12 store chain to be in place before the start of the 2007 Hurricane season. The company stated that its planned stores will be located through out the Treasure Coast, encompassing Martin, St. Lucie and Indian River Counties, and will also be located in Palm Beach County. The 12 stores will sell a wide selection of hurricane shutters, hardware and related materials which are all approved under the Florida Building Code.
Each store is expected to contribute $550,000-$900,000 in revenue. The company stated that each store will offer installation services through licensed professionals.
Hurricane season starts June 1 and ends November 30 with the peak of the season being the August - September period. Dr. William M. Gray of the Colorado State University Department of Atmospheric Science, issued his first forecast for 2007 on December 8, 2006. The forecast calls for an above average hurricane season with 14 named storms, 7 hurricanes and 3 intense hurricanes. He has also called for a 25% higher chance of landfall occurring in Florida than the historical average. According to the University of Colorado's Forecast team, 2007 will be an above average year for hurricane activity. Their report states, 'We foresee an above-average Atlantic basin tropical cyclone season in 2007. We anticipate an above-average probability of United States major hurricane landfall.'
On March 14, 2007 Techlabs, Inc. (OTC Bulletin Board: TELA) announced that it had agreed in principle to acquire Storm Depot International from Eline Entertainment (Pink Sheets: EEGI)
About Techlabs
Techlabs(OTC Bulletin Board: TELA) is a developer of emerging businesses. The Company's primary focus is centered on developing business opportunities in the Caribbean basin and South America, including its planned acquisition of a minimum of a 51% interest in Venezuelan-based Corporacion SportAlum C.A, which specializes in the fabrication, sale and installation of sport seating solutions for stadiums, arenas and other sports and entertainment facilities around the world.
This press release contains forward-looking statements, some of which may relate to Techlabs, Inc. and which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Techlabs, Inc.'s filings with the Securities and Exchange Commission.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Esprit Financial Group Inc. (Esprit) (CHNW.PK) Announces April 16th, 2007 Closing Date on Acquisition of Global Holdings, Inc. (Global) and Agreement in Principal to Spin Off Non-Core Assets Tuesday March 27, 7:00 am ET
LAS VEGAS, March 27 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (formerly Cash Now Corporation) (DBA Cash Now) (CHNW.PK) www.cashnow.com is a public company engaged in the operation and licensing of a comprehensive suite of Internet-based payday loan and check cashing software and private label back end office systems for the sub prime market. Additionally, the Company is in the late developmental stage of offering an innovative low-cost online Introductory Broker (IB) Forex trading system. As previously announced on March 6th, 2007, the Company has satisfactorily resolved all of the issues related to its acquisition of Global and is pleased to announce that the deal will officially close on April 16th, 2007, in an all-cash transaction.
In the interim, Global founder Jack Chang, the principal developer of all of Global's products and services, will continue to work for Esprit heading up the Company's Electronic Funds Payment division, and is actively pursuing sales opportunities on behalf of the Company. Many of these opportunities relate to potential clients who have already expressed interest in Global Products. With the backing and support of Cash Now, these can now be pursued and brought to fruition.
Mr. Chang has developed an extensive number of products and service packages since he founded Global in 2002. Importantly, the new division adds four new product offerings to Cash that are at the cutting edge of consumer banking services.
- U.S. Prepaid Debit Cards - International Prepaid Debit Cards - EM2 - Electronic Money Management System which is a comprehensive e- wallet that can manage multiple bank accounts, remit funds worldwide and provide banking capabilities to consumers who do not actually have a bank account. - Check 21 - advanced checking service that can significantly reduce holdback periods by banking institutions in clearing checks.
Global has also developed or is in the process of developing a number of additional products related to wireless mobile commerce and a variety of loyalty programs and discount services programs built around its prepaid debit and EM2 product platforms.
Significantly, Esprit has an agreement in principle to spin-off Global to a Texas-based Company after the initial acquisition. Esprit will retain a 25% interest in Global upon completion of the sale. Esprit will also retain exclusive licensing rights for the four core products relevant to its operations. It is anticipated that this second transaction will take place within 30 days of closing the Global acquisition, and will provide significant additional funding to Esprit upon closing.
Garr Winters, Esprit CEO explains; "It is not very often that you get a chance in business to have your cake and eat it, too. We have negotiated a very favorable purchase price for Global, and an even better deal to spin it off to another company at significant profit. We will end up with exclusive licensing rights for the core products which were of interest to us, and vend off the remaining assets and corporate shell to a third party at a healthy profit. The net proceeds of that sale will be used to pursue the acquisition of the OTCBB Company we have identified."
Winters added, that "The intangible factor in all this is the tremendous goodwill that Jack Chang brings to Esprit. Mr. Chang is the developer and patent co-holder of the ATM (Automated Teller Machine) and participated in the earliest development and use of magnetic stripe based data on plastic cards, as well as being a pioneer in electronic funds transfer. He has provided services to such prestigious companies as Citibank, Coca-Cola Enterprises, American Express, Sears, Visa, EDS, and NationsBank/Bank of America. His network within the banking industry is invaluable, his reputation impeccable. With the resources of Esprit behind him, we will be able to do some incredible things together."
Winters concluded; "There's an awful lot of meat to digest here. We will be issuing a more complete backgrounder on these corporate developments by mid-April, with another update from myself and our division heads similar to our February 9th recap earlier this year."
About Esprit Financial Group Inc.
Esprit Financial Group Inc, (formerly Cash Now Corporation) is a pioneer in the payday loan industry, and continues to develop the most comprehensive menu of services in the cash advance industry and will retain the Cash Now brand for many of these services. The company's proven business model includes licensing to corporately operated locations across the U.S. and Canada, as well as several foreign markets. Additionally, the Company's website is the most advanced payday-lending portal, offering key insight to clients and potential clients alike.
The Company is currently in the process of expanding its product portfolio by bringing a retail Forex trading platform to market, targeted to seasoned day traders. The Beta test site has now been launched, with a full-service roll-out to follow once the platform has been successfully tested.
Additionally, the Company's e-wallet product, named EM2 (Electronic Money Management) continues to be developed. This stored value card allows customers to transfer cash value without having to issue checks. Employers can use it to pay employees (of great benefit for hourly workers who may not have a bank account); in multi-level marketing organizations, as well as facilitating electronic fund transfers.
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 Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.
-------------------------------------------------------------------------------- Source: Esprit Financial Group Inc.
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NNLX (.125) Receives First Royalty Payment From Joint Venture
Market Wire "US Press Releases "
SHARON, PA -- (MARKET WIRE) -- 03/27/07 -- NanoLogix, Inc. (PINKSHEETS: NNLX) announced today that the company has received its first royalty payment from Nutra Pharma (OTCBB: NPHC) for the sale and distribution of Nutra Pharma diagnostic test kits, marketed by their wholly owned subsidiary Designer Diagnostics.
NanoLogix originally developed the patented intellectual property incorporated as a basis for Nutra Pharma's diagnostic test kits. These test kits are currently marketed for use in early detection of infectious human diseases such as tuberculosis and nontuberculosis mycobacterium. NanoLogix has assigned the rights to 11 patents and licensed the rights to 18 others to Nutra Pharma for use in diagnostic test kit development. NanoLogix retains a license for the nanotechnology aspects of the assigned patents and the rights to all nanotechnology aspects of the licensed patents. In exchange for this licensing and assignment, Nanologix receives the greater of either a 6% royalty on gross sales or a significant annual guarantee.
Bret T. Barnhizer, Chairman of the Board, CEO and President of NanoLogix, stated, "Our licensing partnership with Nutra Pharma and the increasing demand for Designer Diagnostics test kits in Africa and Asia has enabled us to achieve a significant corporate goal of establishing a revenue stream from our patented intellectual property. We look forward to a long and rewarding partnership and association with Nutra Pharma and anticipate an ever-increasing revenue stream from that association."
"Not only does this royalty payment secure our licensing rights to the test kit technology, but it also confirms our commitment to building Designer Diagnostics and bringing the test kits to market," explained Rik J Deitsch, Chairman and CEO of Nutra Pharma Corporation. "We look forward to the future success of Designer Diagnostics and developing a closer relationship with NanoLogix over the next several years," he added.
About NanoLogix, Inc.
NanoLogix is an industry innovator in the research, development, and commercialization of nano-biotechnologies, applications and processes. The Company has developed and owns or has rights to 31 patents related to various medical technologies, 5 of which also have hydrogen-generation aspects. In the past year the Company has filed an additional 28 patent applications for discoveries related to hydrogen bioreactors, medical testing, and innovative medical treatments potentially related to leukemia and sepsis. NanoLogix is presently operating a hydrogen bioreactor at Welch's Food and has recently signed an agreement with the City of Erie Wastewater Treatment Plant for a prototype bioreactor installation. While much of the Company's current focus is on the production of hydrogen from agricultural feedstock, industrial wastewater and municipal waste streams in an effort to meet the need for economic sources of clean fuel, the medical heritage of the Company has not been neglected. NanoLogix-developed patents are used to design and market diagnostic test kits for use in early detection of the bacteria present in infectious and noninfectious human diseases such as tuberculosis, pneumonia, HIV/AIDS, cancer, and cystic fibrosis. The company also owns a patent for the non-toxic induction of apoptosis ('cell suicide') for the treatment of cancer. For more information on the Company, visit http://www.nanologix.net.
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 NanoLogix, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contacts: Investor Relations Andrew Barwicki 516.662.9461
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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VINELAND, N.J., March 27, 2007 (PRIME NEWSWIRE) -- AuGRID Global Holdings Corp. (Pink Sheets:AGHD) previously announced that it has undergone a 1-for-30 reverse split and cancelled 2.8 billion shares, which reduced the total number of shares outstanding to 395,140,000. This is the most recent development in the Company's' continuing effort to completely reorganize both its capital structure and its business operations.
"We believe that we are putting forth the most logical and intelligent plan to move our Company forward," stated CEO M.J. Shaheed. "Like many micro-cap companies, our corporate developments are often overlooked. However, I can assure our shareholders that we have been working diligently towards completing three important acquisitions and I am pleased to report that we are well on the way to building a viable company and increasing shareholder value. Furthermore, the recent increased trading activity in our shares is an indication to me that our shareholders continue to believe that we will, in fact, execute our business plan."
In addition to its 100% ownership in Optipure Corp., AGHD's goal is to attain a minimum 51% interest in each of the following acquisition targets: a hotel located in Beijing, China; a meat processing plant in the U.S.; and a shoe manufacturer, also located in Hong Kong, China, giving the Company a well-rounded, diverse range of assets.
Jagged Peak, Inc., a leading provider of real-time, Web-based demand execution services and solutions, is under contract to handle fulfillment and logistics associated with AuGRID's consumer electronics products. AGHD has received assurance from Jagged Peak that secure warehouse space has been reserved and when the Plasma and LCD products arrive at the Jagged Peak facility, each unit will be tested and repackaged prior to shipment to the consumer.
About AuGRID Global Holdings Corporation
AuGRID Global Holdings Corporation is a holding company that seeks to increase its asset base and shareholder value through the acquisition of private companies in diverse industries that have proven revenue generation abilities, defensible business plans, and a product or service to which its target market has demonstrated receptiveness.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding AuGRID Corporation in this release that are not historical in nature, particularly those that utilize terminology such as "may," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which AuGRID Corporation has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. Important factors known to AuGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AuGRID Corporation's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and AuGRID Corporation undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: AuGRID Global Holdings Corp. (856) 205-0856
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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WNBD (.0115) exan Tough About Environmental Standards
Market Wire "US Press Releases "
BARRIE, ON -- (MARKET WIRE) -- 03/27/07 -- Winning Brands Corporation (PINKSHEETS: WNBD) www.WinningBrands.ca announces that San Antonio's Clothesline Cleaners www.ClothesLineSA.com has declared today that the argument is over: 100% Wet Cleaning has arrived in Texas.
Derba Mills is the San Antonio entrepreneur who took on local skeptics that claimed a Dry Cleaner needs to use the solvent perchloroethylene (perc) in order to achieve commercial viability and cleaning performance. She refused to accept business as usual and announces formally today for the record that her 3 San Antonio non-perc locations are now up and running as proof that the public is eager for leadership by professional garment cleaners on this matter.
Her Clothesline Cleaners is basing its expansion plans on the Solvent Free Solutions(TM) model of Wet Cleaning using Smart(TM) Wet Cleaning Solutions and the right hardware for the least possible impact on the environment. No perc is used in the process and the cleaning effluent does not require special handling. It has been estimated that conventional Dry Cleaners in the USA consume approximately 10,000 tons of perc solvent per year. Perc has come under increasing scrutiny by consumer groups and the government because of concerns for its impact on human health and in the environment. California is phasing out the use of perc by means of a graduated ban on the solvent.
Ms. Mills had studied the reaction of her clientele to the Wet Cleaning alternative carefully before declaring the argument over. She took into consideration the texture of finished garments, processing procedures, pricing, electrical utility use and other factors that determine whether this form of operation is sustainable. "We have some high profile customers now," says Mills. "They could afford any service they want -- and they choose ours. However our other consumers who need competitive pricing seek us out too," she adds.
Ms. Mills says that it is taking some true grit to put up with the animosity toward her by perc-based cleaners who are not keen to see this simple alternative to conventional Dry Cleaning succeed. "If a business is using perc, it's going to have mixed feelings about our success. However, I don't mind if the other cleaners switch over too. It's a free country. Let's all compete in a way that's good for the Texas environment at least," challenges Mills
Winning Brands Corporation manufactures Smart(TM) Wet Cleaning Solutions in North America, together with a range of environmentally responsible alternative cleaning solutions for consumers and industry, such as Winning Colours® Multi-Cleaner, KIND(TM) Laundry Products amongst others. The company's mission is to replace hazardous chemicals in widespread use with safer alternatives.
Certain statements in this news release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control. Winning Colors is a Registered Trademark of Niagara Mist Marketing Ltd and used under licence. KIND is a trademark of Niagara Mist Marketing Ltd. Smart(TM) Wet Cleaning Solution is a trademark of Solvent Free Solutions, Inc.
Feature Information: Derba Mills Clothesline Cleaners 248 W Olmos San Antonio TX 78212 21518 Blanco San Antonio TX 78258 13212 Huebner San Antonio TX 78230 (210) 415-5462 derba*clotheslinesa.com
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Rothschild - Franklin Form Alliance Charles Gregoire de Rothschild to Support Franklin's Requirement for $1.3 Billion Project Financing PrintE-mailDisable live quotesRSSDigg itDel.icio.us
Last Update: 8:31 AM ET Mar 27, 2007
LAS VEGAS, NV, Mar 27, 2007 (MARKET WIRE via COMTEX) -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) is pleased to announce having finalized an agreement with GDR Privee, a New York City investment bank, to act as financial consultant to the company and assist in securing project funding of $1.3 Billion for mining and energy agreements in Bolivia and a GTL contract in Argentina. Charles Gregoire de Rothschild, GDR Privee Principal, and William A. Petty, Franklin Mining's Consultant, will work together in securing project funding from Mr. Rothschild's domestic and international banking relationships. Jaime Melgarejo, Jr., Franklin President, and Kenneth J. Bock, GDR Chief Executive Officer, will work together to design and implement a financial strategy bringing Franklin to a positive cash-flow position as soon as possible. "We realize that cash-flow is the basis of success for both existing and future projects. With GDR's resources, we feel that some of our projects are now positioned to become fully operational in the near term," Mr. Melgarejo said, adding that he and all Franklin executives and directors are privileged to have formed this alliance. "We look forward to GDR's advice and support as we begin fulfilling our mining and GTL agreements in Bolivia and GTL contract in Argentina and as we develop additional projects throughout South America." About Franklin Mining, Inc: Franklin Mining, Inc. has mining and exploration interests in the United States, Argentina and Bolivia; Franklin Mining, Bolivia S.A. is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A. Additional company information is available at www.franklinmining.com. DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.
Posts: 49 | From: Earth | Registered: May 2006
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March 27, 2007 - 9:00 AM EDT iFinix Announces Marketing Campaign for iFinix RealTime Information Platform iFinix Corp (PINKSHEETS: INXR) announced today a two-phase marketing program for its groundbreaking iFinix RealTime information program.
This program supplies the most timely and accurate pricing and volume data available for microcap stocks today.
In the first phase of the marketing program, the company will offer 250 free one-month trial subscriptions to the iFinix RealTime Information Platform to day traders and other sophisticated market players. To receive the trial subscriptions, they will sign up on the company website after the official launch announcement. This offer does not include the cost of exchange fees.
In the second phase of the marketing program, to be announced after the launch, the company will air television commercials to demonstrate the program's features for day traders and securities firms.
iFinix Chairman Drew Budhu said, "iFinix is preparing a failsafe launch. We want to show the microcap community iFinix's capabilities that give traders and market professionals an edge with real-time data and pricing. We expect their satisfaction with our superior product will translate into word-of-mouth sales."
"The marketing campaign will build brand awareness as well as build a strong relationship with subscribers. Their enthusiasm for the iFinix RealTime platform will cement our reputation as pioneers in bringing the most sophisticated market information to the microcap universe," Budhu added.
The iFinix RealTime Information Platform gives this community access to real-time data and pricing information equal to that available on blue-chip stocks. The iFinix RealTime Information Platform offers data precise to the 6th decimal point -- two decimal points greater than its competition -- a teeny difference that can be quite costly to frequent traders
Posts: 731 | From: OHIO | Registered: Jan 2006
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CPKL (.40) Announces Letter of Intent With Prestige Cars International, Inc.
Market Wire "US Press Releases "
BOCA RATON, FL -- (MARKET WIRE) -- 03/27/07 -- Cambridge Park Limited, Inc. (PINKSHEETS: CPKL) announced today that it had entered into a Letter of Intent to acquire 100% of the ownership of Prestige Cars International, Inc., Ft. Lauderdale, Florida, a restorer and dealer of pre-owned Rolls Royce, Bentley and other high-end motor cars, including many collector's editions shipped throughout the world. Terms of the acquisition were not disclosed.
"Prestige Cars International, Inc. will establish us firmly in a truly unique global niche market," stated Donald Platten, President of Cambridge Park Limited. He added, "Important, it presents us with a significant revenue opportunity since high-end and collectible cars continue to increase in value."
About Cambridge Park Limited, Inc.
Cambridge Park Limited, Inc., a Florida corporation, is a holding company with a strategy of acquiring and operating U.S. and foreign-based consumer marketers of upscale global brands. Cambridge Park's business plan includes a mid-2007 entry into the upscale consumer markets of London, Paris, Zurich, Vienna and Sao Paulo, Brazil.
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Contact: Don Platten Donplatten17*aol.com
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LBTN (.0002) Classification of Breast Cancer is No Longer a Myth but a Fact
Business Wire "US Press Releases "
RENO, Nev.--(BUSINESS WIRE)--
Lifeline Biotechnologies, Inc. (OTCPK: LBTN) today announced that its Neural Network Classification of breast cancer with blind temperature screening is no longer a myth but a fact.
According to Louis Keith, MD, PhD, Lifeline Biotechnologies, Medical Director and Vice President, "Predicting the future with Artificial Intelligence has always been a hit or miss proposition. Predictions have been made on computers whose functional capacities were limited but ever increasing. This means, in practical terms, that yesterday's predictions, however good, became out of date with the next generation of computers."
Jim Holmes, Lifeline's CEO, stated, "After almost three years of investigation, an entirely new neural network has been developed, which has become the basis of a new Lifeline patent application on thermal interpretation. Our system had been under trained. We had the correct ideas with Artificial Intelligence, but we had no idea that we had not pushed our system to its ultimate limits. Lifeline Biotechnologies is now on the right path. These new results are soon to appear in a major peer review medical journal."
About Lifeline Biotechnologies, Inc.:
Lifeline Biotechnologies, Inc. is a company with innovative medical technologies committed to the improvement of the quality of life through exceptional health care systems. These technologies focus on prevention, early detection, diagnosis and quick recovery of a number of disease conditions. The company's technologies, designed to assist in the early detection of cancers, deal with cutting-edge innovation to assist practicing physicians in the delivery of quality medical care.
SAFE HARBOR: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Source: Lifeline Biotechnologies, Inc.
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MBTG (.16)Signs a Letter of Intent With an International Pharmaceutical Company for the Distribution of Resurgex Line in the Canadian Oncology Market
PrimeZone "PrimeZone "
TORONTO, March 27, 2007 (PRIME NEWSWIRE) -- Millennium Biotechnologies Group, Inc. (OTCBB:MBTG) announces today that it signed a letter of intent with a Canadian subsidiary of an international pharmaceutical company on terms for the distribution and marketing of its Resurgex product line for the Canadian oncology market.
Under the terms of reference, a distribution agreement will be formalized where Millennium will grant exclusive marketing rights to this pharmaceutical company to distribute and market its line of Resurgex products for cancer patients in Canada.
"This is a distribution and marketing initiative that will make Resurgex available to Canadian patients, and enhance our position in North America. The overwhelming endorsement of Resurgex products by oncology practitioners in the U.S. is the catalyst that created this Canadian distribution opportunity," according to Jerry Swon, Sr., President of Millennium Biotechnologies Group, Inc.
Resurgex Select(tm), which is making inroads in the oncology marketplace, has just been issued a United States Composition Patent for the proprietary formula, as well as a registered trademark. Resurgex Select(tm) was developed to provide a superior source of high-quality calories as opposed to the corn oil and corn syrup-laden products that are found in the marketplace. As with the previous patent issued for Resurgex(r), this additional patent serves to protect the intellectual property of Millennium's new addition to the Resurgex(r) family of products
About Millennium Biotechnologies, Inc.: Millennium Biotechnologies, Inc. is a research-based nutraceutical company and a pioneer in the emerging field of specialized nutritional supplements. The company's flagship products, Resurgex(r), Resurgex Plus(r), and Resurgex Select(r), are designed to assist in reducing fatigue and oxidative stress, maintaining lean muscle and immune support in immunocompromised conditions.
Millennium Biotechnologies, Inc. is a wholly owned subsidiary of Millennium Biotechnologies Group, Inc., a publicly-traded company (OTCBB:MBTG). For more information about Millennium Biotechnologies, please contact Frank Guarino, Chief Financial Officer, at fguarino*milbiotech.com or call (908) 604-2500. For more information about the Resurgex line of products visit www.resurgex.com.
This release includes certain forward-looking information that is based upon management's beliefs as well as on assumptions made by and data currently available to management. This information which has been, or in the future may be, included in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, is subject to a number of risks and uncertainties, including but not limited to uncertainty as to market acceptance of Resurgex and Resurgex Plus and the factors identified in the Company's 10-KSB and other documents filed with the Securities and Exchange Commission. Actual results may differ materially form those anticipated in such forward-looking statements even if experience or future changes make it clear the any projected results expressed or implied therein may not be realized. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.
CONTACT: Millennium Biotechnologies Frank Guarino (908) 604-2500 FGuarino*Milbiotech.com
Blake and Bosworth Group Dennis Blake (908) 953-8400 dblake*blakeandbosworth.com
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AQWT (.24) New Mexico Utilities Contracts With Aquacell Water for Arsenic Removal
Market Wire "US Press Releases "
RANCHO CUCAMONGA, CA -- (MARKET WIRE) -- 03/27/07 -- Aquacell Water, Inc. (PINKSHEETS: AQWT) announced that it has signed a contract with New Mexico Utilities, a member of the Utility Group of Southwest Water Company (NASDAQ: SWWC), to provide Adsorbsia(TM) GTO(TM) titanium based arsenic removal media produced by the Dow Water Solutions unit of The Dow Chemical Company. The contract is valued at $360,000.
"New Mexico Utilities is a premier water company and we are thrilled they have chosen Aquacell as their supplier of arsenic removal media," said Aquacell spokeswoman Karen Laustsen. "New Mexico Utilities is very proactive in complying with new Federal standards for arsenic in drinking water and we believe this is an important project for our participation, as Albuquerque has one of the highest concentrations of arsenic of any major city in the United States."
Robert Gay, General Manager of New Mexico Utilities, said, "We are pleased to be working with Aquacell Water to remove the arsenic from our newest well being brought on line. This treatment will allow us to meet the increased demand for water in the upcoming summer months and provide our customers with high quality drinking water that meets or exceeds the arsenic regulations set forth by the Environmental Protection Agency."
Dan Rice, Sr. Market Development Manager of Dow Water Solutions, stated, "We have worked closely with Aquacell Water on this account and are thrilled New Mexico Utilities has chosen to use ADSORBSIA(TM) GTO(TM) arsenic removal media. Our titanium-based media has a higher capacity for arsenic removal across a wide variety of water conditions than iron-based medias, providing New Mexico Utilities with a cost-effective means to remove arsenic from its drinking water."
Aquacell will be installing Adsorbsia arsenic removal media in New Mexico Utilities' 20-tank arsenic treatment system for a well which produces approximately 591,300,000 gallons of water per year.
About Aquacell Water, Inc.
Aquacell Water, Inc., headquartered in Rancho Cucamonga, CA, designs turnkey water filtration and purification systems for municipal, industrial, commercial, and institutional applications around the world. The Company specializes in arsenic removal systems in association with media manufactured by The Dow Chemical Company. Aquacell's services include evaluation, design, engineering, manufacturing, installation, training and service.
About New Mexico Utilities
Privately owned and locally run, New Mexico Utilities, Inc. is a regulated public water utility that has been serving the northwest part of the City of Albuquerque and the northern portion of Bernalillo County since 1969. NMUI provides water supply and sewage collection services to more than 50,000 people in an area of approximately 34 square miles. New Mexico Utilities exceeds federal requirements to provide a safe and secure water system. For more information about New Mexico Utilities visit www.abqwaterfacts.com.
About Southwest Water Company
Southwest Water Company provides a broad range of services including water production, treatment and distribution; wastewater collection and treatment; utility billing and collection; utility infrastructure construction management; and public works services. The company owns regulated public utilities and also serves cities, utility districts and private companies under contract. More than two million people from coast to coast depend on Southwest Water for high-quality, reliable service. Additional information may be found on the company's website: www.swwc.com.
About Dow Water Solutions
Dow Water Solutions, with revenues of approximately $350 million, is a performance-based business unit comprised of leading world-class brands and enabling component technologies designed to advance the science of water purification around the world, including seawater desalination, contaminant removal and water reuse. With more than 1,000 employees worldwide, the business maintains five production faculties globally to manufacture, market and sell FILTEC(TM) reverse osmosis membranes, DOWEX(TM) ion exchange resins, ADSORBSIA(TM)GTO(TM) titanium-based arsenic removal media, ultrafiltraion and electrodeionization, as well as premier water purification systems in China. For additional information about Dow Water Solutions products, visit www.dowwatersolutions.com
About The Dow Chemical Company
Dow is a diversified chemical company that harnesses the power of innovation, science and technology to constantly improve what is essential to human progress. The Company offers a broad range of products and services to customers in more than 175 countries helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $49 billion and employs 45,000 people worldwide. Reference to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
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PDVP (.002) Subsidiary N'East Magazine Making Its Way to the U.K.
Business Wire "US Press Releases "
PORTLAND, Maine--(BUSINESS WIRE)--
Podium Venture Group Inc. (PDVP), an apparel, media and publishing holding company in the lifestyle sports industry, announced today its subsidiary N'East Magazine has recently gained key exposure in the U.K., marking the start of international distribution.
"After a fairly streamlined U.K. sampling program was put into place - we have already seen a great response. Most recently was an editorial on the U.K.'s on-line surfing magazine, DRIFT. The U.K. and key international markets have proven to be well within our reach and offer tremendous revenue, brand awareness and sponsorship opportunities. With the first market test a success - we intend to look even more closely at the international market as a viable and responsive sector for N'East Magazine," - Jim McGinley, President & CEO, Podium Venture Group, Inc.
N'East Magazine (www.neastmag.com) can be found at Borders, Barnes & Noble, Eastern Mountain Sports, REI, Universal News, Shaws, B. Dalton, Hudson News, and independent bookstores and retailers nationally.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Source: Podium Venture Group Inc.
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NMEN (.28) Dream Signing for Tsuburaya and NME as Special Effects Goes on HD VMD
PR Newswire "US Press Releases "
LONDON, March 27 /PRNewswire-FirstCall/ -- New Medium Enterprises Inc. (NME) (OTC Bulletin Board: NMEN) Tsuburaya Dream Factory (TDF), a company behind the leading Japanese animation production company Tsuburaya Dream Works, has reached an agreement to enter into a business partnership to represent NME Inc. within Japan and adopt HD VMD as their preferred HD format for content distribution. HD VMD is a format developed and owned by NME, a company bringing affordable HD entertainment across the globe.
This agreement means that TDF will manage the proprietary HD VMD format in Japan. TDF will also develop and implement marketing activities in Japan to facilitate the sales of NME's HD VMD technology and related products and cultivate strategic relationships within Japan. The deal also means that Tsuburaya Dream Works top selling content will be available on HD VMD discs.
Tsuburaya Dream Works are co-creators of the worldwide iconic animation feature, Godzilla and specialise in special effects and animation production with mass market appeal spanning the Asian continent. Their long-standing series, Ultraman, based upon science fiction heroes has created cult status amongst children and adults since its debut in 1966.
"We are proud to forge an alliance with Tsuburaya who will represent the HD VMD products in Japan. Their years of knowledge and expertise within the industry are unparalleled," comments Mahesh Jayanarayan, CEO of NME.
The company's forthcoming release, Metal Kaiser, will be filmed in True High Definition and debut on the HD VMD format. The animation story will carry a similar 'good vs. evil' theme and is scheduled to air on TV in China in Autumn 2007 through Shanghai Media Group TV and subsequently in parts of Japan and South East Asia in 2008.
Tsuburaya CEO, Mr. Tsuburaya commented "We are excited to work with NME. We feel it is the only format that will win global appeal at these prices. We are proud to be associated with the HD VMD format where the format is simple and great quality. We have a great opportunity to display our HD content immediately."
What you should know about HD VMD
HD VMD (Versatile Multilayer Disc) is NME's proprietary High Definition disc format based upon established red laser technology enabling seamless and cost effective manufacturing solutions for High Definition products based on existing DVD industrial infrastructure.
NME's patented 2P process succeeded in solving the technological problems which have limited DVD's to two information layers (DVD9). Thus, multilayering is now possible with HD VMD's commercial solution of 20 GB storage capacity for single sided discs (i.e. 4 layers of 5 GB each). HD VMD has also proven to achieve 24, 30, 40 and 48 GB capacity with the NME 2P process method. The NME 2P process is also applicable for manufacturing multilayer blue laser discs.
The HD VMD (disc) has a capacity to playback a full three hours of true 1080p High Definition material on one single side. The HD VMD (player) is also backward compatible and supports all existing DVD discs formats and CD, in addition to allowing consumers to play their existing standard-definition DVD collections up-converted to HD.
HD VMD is currently being adopted by content providers and distributors in 12 regions worldwide, including Brazil, Central Europe, China, France, Germany, Iceland, Japan, Scandinavia, Middle East, Russia and the United States.
HD VMD prices are very close to DVD current pricing and costs and is considered a serious challenger as it provides access to High Definition at a much lower cost than Blu-ray and HD-DVD drives and discs.
About NME
New Medium Enterprises HD VMD format and players provides the world's first low-cost and true high-definition playback solution utilizing today's red laser technology and existing DVD industrial infrastructure. Incorporating break-through optical storage capacity, a red laser-based HD file format, encryption technology, authoring tools and compression technologies, NME is providing the only high-quality and high-value offering for the discerning consumer electronics market. New Medium Enterprises, Inc. is listed on the OTC exchange in the U.S. under the ticker symbol (NMEN) and on Yahoo Financial website as (NMEN.OB). For additional information about NME, please visit http://www.nmeinc.com .
SAFE HARBOR
The 'Press Release' contains forward-looking statements as defined by the federal securities laws which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information. However, there may be events in the future that we are not able to accurately predict or control. Forward- looking statements are only predictions that relate to future events or our future performance and are subject to substantial known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, outcomes, levels of activity, performance, developments, or achievements to be materially different from any future results, outcomes, levels of activity, performance, developments, or achievements expressed, anticipated, or implied by these forward-looking statements. As a result, we cannot guarantee future results, outcomes, levels of activity, performance, developments, or achievements, and there can be no assurance that our expectations, intentions, anticipations, beliefs, or projections will result or be achieved or accomplished. In summary, you should not place undue reliance on any forward- looking statements.
Contact: Juliet Francis New Medium Enterprises T: +44 (0) 20 7813 0502 Email: juliet*nmeinc.com
SOURCE New Medium Enterprises Inc.
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MXXR(.0094) Sandy Point Update Mar 27, 2007 2:17:00 PM LOS ANGELES, CALIFORNIA -- (MARKET WIRE) -- 03/27/07 -- Matrixx Resource Holdings, Inc. (OTCBB: MXXR) announced today that the Fite No. 3 well at Sandy Point is drilling at 3,876 feet.
The Company has been notified by the operator that, as of early this morning, drilling has reached a depth of 3,876 feet. Drilling began Friday, March 23 and is expected to take approximately 10 days to reach the target depth of 7,000 feet. Upon reaching target depth, the well will be logged, and should there be a discovery, completed. This process will take an additional few days.
The Sandy Point Field, located in Brazoria County, was discovered in 1937, and 60 acres yielded 665,000 BO from the 2nd Frio sand. Also, in the nearby W. Sandy Point Field, the Shepperd No.1 Fite has produced 250,000 BO, and 150 MMCFG, from the 1st and 2nd and 3rd Frio sands.
The Express No.1 Fite re-established production in Sandy Point Field in 2002. The 1st Frio sand has gas-on-oil and the 2nd Frio sand (the main pay in Sandy Point Field) has good oil shows in cuttings and sidewall cores.
3-D Seismic, along with well control, confirm that the Express well discovered a new, productive structure. However, the No. 1 Fite well is located low or flankish on the structure. The objective of the Fite No. 3 well is to drill to the 6,700 to 7,000 depth and find structural advantage on the order of magnitude of 10' to 20' over the No. 1 well. The results should be a 1st Frio gas sand of 10' net pay thickness, and 2nd Frio oil sand of 10' net pay thickness. The recoverables attributable to such a development well are estimated to be 0.4 BCFG and 500,000 BO.
Matrixx has remained steadfast in its efforts in acquiring growth and investment opportunities in the oil and gas sector with the intent of providing the Company and its shareholders a much-improved increase in shareholder value. Additionally, the Company is now positioned to aggressively exploit its properties to accelerate cash flow and to provide rapid returns on its investments in the oil and gas sector.
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan", "confident that", "believe", "scheduled", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of Matrixx to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
Contacts: Matrixx Resource Holdings, Inc. Konstantine Tsakumis Media & Investor Relations (347) 647-1508 Email: ir*mrhi.net Website: www.mrhi.net
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FKLT (.015) Introduces New EV-DO Rev A USB Mobile Broadband Modem
Market Wire "US Press Releases "
SAN DIEGO, CA -- (MARKET WIRE) -- 03/27/07 -- Franklin Wireless Corp. (PINKSHEETS: FKLT), a developer and marketer of wireless broadband communication devices and applications, announced the launch of its world's smallest CDU-680 EV-DO Revision A USB mobile broadband for the North and South American markets.
The announcement coincides with the CTIA show in Orlando, Florida on March 27, 2007 where Franklin and its partner and share holder, Creative Mobile Technology (C-motech) Co., Ltd. are showcasing their wide variety of EV-DO and HSDPA USB and Fixed Wireless modems for North American and South American customers.
Franklin led the mobile broadband industry by launching its CDU-550 in July of 2006, the modem was the first USB EV-DO modem in the world. This year, Franklin again leads the world in introducing the first EV-DO Rev A USB modem to incorporate Flash Memory, a GPS receiver and a unique swiveling USB connector. With the advent of the onboard Flash Memory, the modem application software and driver software for different computing platforms, i.e. Mac, Linux and Windows Mobile are readily available for installation from the Flash Memory, making the CDU-680 a platform and OS independent mobile broadband modem.
Another unique feature of the CDU-680 product is the Swiveling USB connector, this innovative USB connector feature allows the modem to be raised vertically for better radio frequency performance or folded away when not in use. The modem is backward compatible with widely available CDMA2000 1xEV-DO networks and supports data-only EVDO Rev A mobile broadband services with a peak downlink speed of 3.1 Mbps.
The CDU-680 offers laptop and desktop users the flexibility to connect to CDMA 1xEV-DO Rev A high-speed mobile broadband services, enabling them to send and receive email with large file attachments, play real-time interactive games, receive and send high-resolution pictures and video, and wirelessly connect to the internet anytime, anywhere.
The CDU-680 will be available through North and South American carriers with CDMA 1xEVDO Rev A network in second quarter of 2007.
"With the introduction of the CDU-680, Franklin once again has demonstrated the innovativeness and the uniqueness in its mobile broadband modem products. We continue to bring to our customers and end users exceptional values with our leading edge products," said O.C. Kim, President of Franklin Wireless.
Franklin Wireless products are marketed through Original Equipment Manufacturers ("OEMs") and distributors, as well as directly to operators and end users.
About Franklin Wireless
Based in San Diego, California, Franklin Wireless Corporation (PINKSHEETS: FKLT), a leading developer and marketer of wireless broadband communication devices and applications, designs, develops, manufactures, and markets wireless products for the global subscribers. At present, the company markets its products to North America, Central America, South America and the Caribbean carriers and major distributors. For more information, visit www.franklin-wireless.com.
Certain statements in this press release constitute "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such 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 be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.
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Contact: OC Kim 858-623-0000 okim*fklt.com
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CNCM(.0016) and Wave Magazine Launch WaveLife TV Online Video Channel Branded Broadband Channel Adds Video To Wave Magazine's Website Mar 27, 2007 3:03:00 PM MIAMI, March 27 /PRNewswire-FirstCall/ -- Connected Media Technologies, Inc. (OTC Bulletin Board: CNCM.OB) has announced the launch of "WaveLife TV," a branded online video channel produced and programmed by Connected Media for Wave Magazine, a leading water lifestyle enthusiast magazine. Connected Media will populate the on-line video channel with content from its NewsProNet library of broadcast news stories, as well as originally produced new content and sponsor supplied content. Leveraging the capabilities of the Brightcove Internet TV service, the WaveLife TV broadband video channel offers integrated advertising opportunities as well as community tools that allow users to easily share videos and add them to their websites and ****s. WaveLife TV is accessible from the Wave Magazine website at www.wavelife.com.
"With an established library of proven news stories in a variety of consumer interest categories including health and fitness, money and finance, science and technology, consumer issues and woman's interests, Connected Media is uniquely positioned to create, program and host private label broadband video channels in a wide range of targeted verticals," stated Jeffrey Sass, CEO of Connected Media Technologies. "WaveLife TV appeals to the active marine and water enthusiast market and it is a great example of how Connected Media can use our extensive content library as well as our proven editorial and production team to enable a website to add a custom branded internet video channel with targeted, professionally produced content."
Connected Media's branded broadband video channels such as WaveLife TV offer on-demand Flash-based streaming, and present premium video content along with multiple advertising and sponsorship opportunities. Produced by award winning journalists and currently syndicated to independent and network owned and affiliated broadcast TV stations under the NewsProNet brand, Connected Media's library of short form feature news stories represent the highest quality production values and journalistic standards and are now available for all emerging media platforms including, broadband, IPTV and mobile devices. Jose Chao, Publisher of Wave Magazine said, "With our magazine, website, and marine event business, Wave is a true integrated media brand for the water enthusiast. Connected Media's expertise, platform, and content has made it easy for us to extend our reach to the realm of online video with the WaveLife TV broadband channel."
About Wave Magazine
Wave(TM) Magazine is the #1 water-lifestyle enthusiasts' magazine in the US. Backed by McClatchy newspaper publishing, and the world's leading travel/destination auction site SkyAuction.com, Wave targets men and their families between the ages of 25-54+ who own, charter, or aspire to own a boat, as well as those who simply enjoy all aspects of the water and ocean lifestyle, from fishing and yachting, to beaches and bikinis. Wave is distributed in monthly, Sunday issues of select newspapers throughout the US. Robert Rodriguez, Chairman of Wave Integrated Media, is also Vice Chairman of Connected Media.
About Connected Media Technologies, Inc.
Connected Media is a digital media and content provider offering content and marketing solutions across a broad spectrum of current and emerging media platforms. Connected Media produces and owns a content library of short form broadcast news stories, as well as the NewsProNet, SweepsFeed, HeadsUp!, KnowMoreTV, and Impacto brands. In addition to serving the broadcast television market, Connected Media provides news stories and other content for all digital platforms, including the internet, IPTV and mobile devices. Through NMI, a wholly owned subsidiary of Connected Media, the company creates patented interactive training applications and digital media solutions for clients such as Tourism of Madrid, Argent, Miami Herald Media Company, Skyauction.com and the U.S. Department of Housing and Urban Development. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System." Additional information about Connected Media is available on the Company's web site at www.connectedmedia.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward- looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.
SOURCE Connected Media Technologies, Inc.
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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ECCI (.06) Announces Debt Reduction of $2,019,139.00
Market Wire "US Press Releases "
CRYSTAL CITY, TX -- (MARKET WIRE) -- 03/27/07 -- Ecoloclean Industries, Inc. (PINKSHEETS: ECCI) announced that effective March 07, 2007 debt reduction of $2,019,139.00 was accomplished by the issuance of restricted shares of its common stock to its principal officer, director, Mr. Royis Ward and other individuals who had advanced operating funds to the Company.
Mr. Ward stated that management is of the opinion that this exchange of debt for restricted common stock of the Company will reduce the continuing interest charges being accrued on these loans and improve the Company's balance sheet. Our current goal is to now move forward with our accountants and auditors to file all our required SEC filings and refile for a bulletin board listing sometime within the 2nd quarter of 2007.
Further updates will be provided.
FORWARD-LOOKING SAFE HARBOR STATEMENTS: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements and other forward-looking statements are not guarantees of future performance and involve risks and uncertainties.
The Company assumes no obligation to update any of the forward-looking statements in this release.
ABOUT ECOLOCLEAN INDUSTRIES, INC.
Ecoloclean Industries, Inc. is the present owner of two wholly owned subsidiaries: Ecoloclean, Inc. and World Environmental Technologies, Inc. utilizing various remediation techniques and technologies. Ecoloclean Industries provides environmental waste remediation to treat and remove impurities in contaminated and/or polluted liquids and solids for a variety of industries including, but not limited to, refineries, paper mills, petroleum and petrochemical industries. Ecoloclean Industries has merged equipment and personnel in its subsidiaries to maximize the utilization of company resources. For more information about the Company, please visit http://www.ecoloclean.com.
INVESTOR CONTACT Ecoloclean Industries, Inc. Royis Ward President and CEO OFF - 830-374-9100 FAX - 830-374-0202
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