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Author Topic: PR for FRIDAY FEBRUARY 22nd
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MNTY(.0007) Announces Share Structure Changes
Feb 21, 2008 4:35:00 PM
DALLAS, Feb. 21 /PRNewswire-FirstCall/ -- Company officials have announced that recently Market 99 (Other OTC: MNTY.PK) has made some significant changes to the share structure of the organization. Organizational changes approved by the Board of Directors include the increase of the authorized shares by 2.5 Billion, along with the retirement of Mr. Milligan's 1.2 Billion shares. Challenged by the ongoing debate between a reverse stock split and increasing the authorized shares, the MNTY team stands behind the Boards decisions and trusts all of the long-term investors will appreciate the reasoning behind the approvals.

Current progress with opening of the new stores is in full force and product is being purchased to stock the shelves as soon as keys are delivered from the contractors. Time lines from the contractors have been requested by Mr. Brola to be updated and submitted. Market 99 has added that additional press will be issued upon the review of the time lines.

Company officials for Market 99 thought it would be important for the shareholders to understand the cost associated with opening a new 15 Thousand square foot, 99 cent Super Center. Each Market 99 Super Center that opens has an approximately $250,000.00 price tag. MNTY has expressed that stock dilution at this level is a needed to continue the efforts of opening stores. According to recent studies preformed by the MNTY team, anticipated revenues to be generated with the opening of the 5th store should have a significant impact on the corporation so that stock dilution will be less of a required factor to open new stores or to sustain financial operations.

ABOUT US

Market 99 is a discount retailer with 15,000-20,000 square foot stores selling mainly name brand merchandise to value-conscious consumers. Market 99 carries Consumables, Health and Beauty Aids, Stationery Items, House wares, Cold Foods, Frozen Foods, Women's Accessories, Women's Clothing, Men's Clothing, Children & Infant's Clothing, Seasonal, Arts & Crafts, and Toys, all for .99 cents or less.

Please visit http://www.MyMarket99.com for additional information. http://www.MNTYInvestor.com

Disclaimer:

CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements," which are statements related to future, not past events. In this context, the forward- looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements.

These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.

SOURCE Market 99, Ltd.


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AOGN(.25) Reports Record Revenue Increase for Sixth Straight Quarter
Thursday, February 21 2008 - 4:05PM


MINNEAPOLIS--(BUSINESS WIRE)--

Avalon Oil & Gas, Inc., (Avalon)(OTCBB: AOGN)(FWB: A3MA.F) has reported its financial results for the third quarter ended December 31, 2007. Total revenues for the nine months ending December 31, 2007 were $178,610, compared with $26,813 for the nine month period ending December 31, 2006, an increase of 566%. Oil and gas revenues for the quarter ending December 31, 2007 were $ 78,304, up 37% over the previous quarter where revenues were $57,342. This demonstrates strong revenue growth for the third consecutive quarter of the current fiscal year, and the sixth consecutive quarter of sequential revenue growth since the company began operations. Total shareholder equity increased to $2,472,768 from $2,342,615 at the end of the same quarter last year, an increase of 6%.

Kent Rodriguez, Avalon's CEO, commented, "Avalon's consistent revenue growth validates our business model of investing in producing oil and gas properties. Our revenue growth will continue as we expand our portfolio of oil and gas producing properties with new acquisitions in the U.S. and Colombia." Rodriguez added, "With oil prices rising to over $100 a barrel, and production from Avalon's recently acquired Lake Washington property, revenues should continue to increase substantially. Our recent acquisitions and market conditions will contribute positive momentum for Avalon to continue to increase our revenues for the next several quarters," added Mr. Rodriguez.

"We are excited about the potential of the Talora and Mecaya Block properties recently acquired from Gran Tierra Energy" (OTCBB: GTRE) said Avalon Director, Steve Newton. "The board continues to review opportunities in Colombia that meet Avalon's well defined strategy," added Newton.



"Avalon is aggressively seeking to expand our oil and gas production base, looking for underdeveloped assets to optimize production and increase returns," said Menno Wiebe, Avalon Director and exploration strategist. Mr. Wiebe continued, "This quarter's performance reflects the company's growing production income stream and execution of our business model, to continue to build shareholder equity."

On December 7, 2007, Avalon announced the filing of a Form S-1 Registration Statement with the Securities and Exchange Commission (SEC) for its majority-owned subsidiary, Oiltek Inc., for the listing of its shares on the OTC Bulletin Board. Avalon responded to comments received from the SEC on November 23, 2007, and re-filed the Form S-1 on February 12, 2008.

Mr. Rodriguez added, "We are excited to add shareholder value with this transaction, and expect the Company's Board of Directors to fix a share dividend date for Avalon's Shareholders as soon as the Registration Statement is effective. We anticipate each Avalon shareholder will receive approximately one quarter share of Oiltek, Inc., for every share of Avalon." Oiltek is a technology commercialization company which acquires and develops oil and gas production enhancing technologies.

About Avalon Oil & Gas, Inc.

Avalon Oil & Gas, Inc. is an oil and gas company engaged in the acquisition of producing oil and gas properties. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through Oiltek, Inc., Avalon's majority-owned subsidiary, Avalon is building an asset portfolio of innovative technologies in the oil and gas industry to maximize enhancement opportunities.

Forward-Looking Statements

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 Avalon Oil & Gas, 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.

FOR FURTHER INFORMATION, please visit the company's website at www.avalonoil.com.

Source: Avalon Oil & Gas, Inc.

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SGIHF(.06) Signs Letter of Intent With Beachfront Enterprises, LLC to Launch Horsepower 8 World Pool Lottery Online for International Wagering
Thursday, February 21 2008 - 8:34PM



TORONTO, ONTARIO--(Marketwire - Feb. 21, 2008) - SUNGOLD INTERNATIONAL HOLDINGS CORP. ("Sungold") (OTCBB:SGIHF)(Frankfurt: WKN 608164, Berlin)

Sungold International Holdings Corp. today announced that a Letter of Intent has been signed with Beachfront Enterprises LLC, a California company, to host the Horsepower 8 World Pool Lottery online site for International wagering.

The Letter of Intent grants Beachfront Enterprises, LLC the Exclusive Right to host the International wagering site in exchange for a two million dollar licensing fee, and a further commitment to invest one million dollars in initial advertising costs leading up to the Horsepower 8 World Pool launch. The License will entitle Beachfront Enterprises LLC to fifty per cent of net profits from Horsepower 8 World Pool Lottery international wagering on their Internet site, and share consideration comprised of 850,000 common shares and 500,000 warrants of Sungold International Holdings Corp.

"We are extremely pleased with this arrangement," said Keith Blackwell, CEO of Sungold(R). "We are confident we have found the ideal partners for the international operation of our principle product, Horsepower 8 World Pool Lottery. The key executives, Dr. Mark Songer and Rob Shively, have backgrounds and credentials that are most impressive and of the highest integrity."



Dr. Mark Songer PhD, MS, Chairman and CEO, recently served for three years as Commission Chairman for the Soboba Gaming Commission, ensuring regulatory compliance within Federal and State laws. Prior to that, Dr. Songer served as a Special Agent of the FBI and Forensic Examiner in both Washington D.C. and Los Angeles, following service in the United States Marine Corps.

Rob Shively, Chief Marketing Officer, has an extensive background in Marketing, Corporate Development and New Product Development with several Fortune 500 companies. He helped launch Fox Sports and their NFL, MLB and NHL franchises, and assisted Boeing to launch their first consumer product in conjunction with British Airways and Lufthansa. In 2004 he was nominated as the Ernst & Young Entrepreneur of the Year.

"We believe the Horsepower 8 World Pool Lottery is an exciting opportunity," said Mark Songer, "and look forward with enthusiasm to working with the Sungold team in introducing its life changing opportunities to the world markets outside of North America."

About Sungold International Holdings Corp.:

Sungold(R) is in the business of developing entertainment and e-commerce business in Canada, USA and internationally. Sungold(R) has three 100% wholly owned subsidiaries: Horsepower Broadcasting Network (HBN) International Ltd., Racing Unified Network (R.U.N.) Inc. and SafeSpending Inc. Sungold(R) controls the technology, source codes, trademarks, patents, copyrights and the worldwide title, rights and interest in each of the wholly owned subsidiaries. Sungold(R) also holds a 38% interest in Silks Media Corporation which publishes ThoroughbredStyle Magazine. Sungold(R) is a fully reporting public corporation trading as SGIHF-OTCBB.

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 risks and uncertainties and is 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, is included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.

FOR FURTHER INFORMATION PLEASE CONTACT:
McDerMedia, Inc.
John McDermott
Public Relations
1-888-SUN-INTL
Email: pr*sungoldintl.com

Source: Sungold International Holdings Corp.

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The difference between genius and stupidity is that genius has its limits

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DIAAF(.0012)to Continue Penetrating Market With New Advanced Patented Biodegradable Product as State Legislators Nationwide Continue to Propose Eco-Friendly Solutions to the Plastic Bag Industry

Friday, February 22 2008 9:00 AM, EST Market Wire "US Press Releases " TORONTO -- (MARKET WIRE) -- 02/22/08 -- Diamant Corporation (OTCBB: DIAAF) is pleased to announce that the Company is well positioned to supply their proprietary biodegradable additive to all plastic bag manufacturers Nationwide in light of the growing demands of this swiftly evolving ecologically conscious market. The industry is experiencing a notable shift in demand for biodegradable alternatives. Nationwide, legislators, such as Wisconsin Representative Mr. Mark Pocan, mobilize to bring ecological reform. Rep. Mark Pocan, D-Madison, and Sen. Bob Jauch, D-Poplar, have introduced a bill that would ban retail stores from providing non-biodegradable plastic bags to consumers.
Mr. Pocan stated recently that, according to this bill, retailers would still be able to offer plastic bags intentionally made to be biodegradable and are intended for re-use. He went on to comment regarding the fact that these bags are much better for the environment and their cost compares to paper bags.
In an article published on the local Madison.com website, it was stated: "Despite the opposition from industry, there is a growing national and international movement to ban plastic bags. In March, San Francisco passed a law to ban plastic checkout bags at large supermarkets in six months and at large chain pharmacies a year later. The national foods retailer Whole Foods announced last month that, as of April 22 , its 270 stores in the U.S., Canada and the U.K. would no longer offer plastic bags."
Pocan noted that only about 5 percent of the one trillion plastic bags used around the world annually are recycled, according to the Environmental Protection Agency . The vast majority end up polluting waterways, getting stuck in trees or being dumped in landfills, where they take 1,000 years to break down. Moreover, because plastic bags are made with petroleum, they increase the United States ' reliance on foreign crude oil, Pocan said. Biodegradable bags, in contrast, are made with the starch from corn and other agricultural products.
Nor-X(TM) Degradable has been successfully tested in full scale recycling up to 80% added plastic containing Nor-X(TM) Degradable, with no problem during the recycling production. The degradation time can be tailor-made according to customer's individual needs (product life time, use and degradation requirements).
About Nor-X Industry AS: www.nor-x.no/ Nor-X Industry AS is a privately owned Norwegian environmental technology company that manufactures, documents, protects and sells specialized additives to provide new commercially viable and practical environmental solutions to the international polyolefin plastics industry.
About Diamant Film Inc. : Diamant Art Corporation (OTCBB: DIAAF), through its wholly owned subsidiary Diamant Film Inc. (www.diamantfilm.com) and Bio-Plastics Film Inc. , is the world's first plasticizer-free and the first food wrap film that is environmentally friendly and recyclable. Diamant's Bio-Products contain Totally Degradable Plastic Additive. 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. Diamant(TM) Film has recently received the ECO logo certified by the Environmental Choice(TM) Program. The Environmental Choice(TM) Program is North America's leading benchmark of environmentally responsible products and services and the sole supplier of The Nor-X additive in North America .
Safe Harbor Act: This release may contain "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 company's annual report on Form 6-K or 20F and other filings made by such company with the SEC. Further 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.
Contact: For more information visit our FILM division website of Diamant Art Corporation at http://www.diamantfilm.com or contact Investor Relations: Gibraltan Financial (407) 834-9777.
Contact:
Investor Relations
Gibraltan Financial
(407) 834-9777

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The difference between genius and stupidity is that genius has its limits

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IVOI(.0007) Engages on the Loose TV to Create and Direct DVD of Talking Consumer Products

Friday, February 22 2008 5:22 AM, EST M2 "Press Wire "
M2 PressWIRE - February 22, 2008 - InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock related question, then why not ask 50,000 individual members? Are you a shareholder of Ivoice Inc. (OTCBB:IVOI)? Join the many members engaged in this stock right now. Come see for yourself at www.investorim.com for your complimentary subscription.
End of day trading, Ivoice Inc. was flat with a trading volume surpassing 20,000,000. Today, February 21, 2008 , iVoice, Inc. , announced that it has engaged On The Loose TV to Create and Direct DVD of its recently issued patent for Talking Consumer Products.
On the Loose TV is the Cable Division of Steve E. Kaiser Productions . Founded in 1992 as the Video Production Company for the original Cable TV hit "Leeann on the Loose", Steve E. Kaiser Productions has expanded to become a professional video services company. Some of our projects include Cable TV shows on Public as well as Leased Cable Access. Also produced by Steve E. Kaiser Productions are commercials, legal, medical, corporate, industrial, security and event productions. Steve E. Kaiser has shot and produced for Fortune 500 companies as well as local business and professionals.
Disclaimer All material listed within InvestorIM ("Profiles") was based upon information supplied by the company or from other sources believed to be reliable. The information contained in our Profiles is not guaranteed by InvestorIM to be accurate and should not considered to be all-inclusive. The companies discussed on Profiles except for those companies that appear on the InvestorIM have not approved the statements made herein. Any discussions and pages contain forward looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward - looking statements or announcements discussed on Profiles. All material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. InvestorIM is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst, or underwriter. Companies profiled at InvestorIM are ineligible for recommendations on InvestorIM for 90 days following final disposition of any compensation.
InvestorIM will not trade in a security featured as a street tip on this site before the recommendation and not until the recommendation is posted in the main site, unless disclosed when the pick is made. We have the right to sell before targets that are posted on the stock.
You are responsible for your own trading/investing decisions. Use of this site means you have read and understand and accept these terms of use and disclaimer of our liability.
The Financial Information and Financial Content provided by InvestorIM is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by InvestorIM. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by InvestorIM to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. InvestorIM does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.
You acknowledge and agree that any reliance upon the Financial Information or Financial Content available through links accessible through InvestorIM is at your own sole risk. InvestorIM is not responsible for any Financial Information or Financial Content posted by any third party.
InvestorIM may invest or otherwise hold interests in companies contemplating or that have undertaken initial public offerings. InvestorIM does not guarantee the reliability or accuracy of any Financial Information or Financial Content available through InvestorIM. The views and opinions expressed in the Financial Information or the Financial Content are not intended to constitute a description of securities bought, sold, or held on behalf of InvestorIM.
Nor are such views and opinions an indication of any intention to buy, sell, or hold any security by InvestorIM and investment decisions made by InvestorIM may change at any time and for any reason.
The Financial Information and the Financial Content are not intended to constitute investment advice or a recommendation to buy, sell, or hold any security.
Some of the information and Content available through InvestorIM is obtained from third parties. Such third parties are solely responsible for the information or content they make available through InvestorIM.
Investing in securities carries certain risks, and InvestorIM nor any Investment Information is not responsible for any investment losses incurred in reliance on information provided at InvestorIM. ADVICE FROM YOUR OWN FINANCIAL ADVISOR IS STRONGLY RECOMMENDED.
When using InvestorIM concerning investments and securities, investors should be wary and cautions of any information they find. Information obtained through these sources, or through any other aspect of the Products and Services offered by InvestorIM, cannot be a substitute for independent research into particular companies, industries, and investments. Investment or trading decisions should not be based on information obtained through InvestorIM. The information made available may be incorrect; InvestorIM disclaims all responsibility and liability for the Content and its accuracy. The Content is provided solely for the entertainment of users.
In conjunction with the Gramm-Leach-Bliley Act, InvestorIM does not disclose any "non public information" regarding our users. None of our information is passed to third parties in whole or in part.
((Comments on this story may be sent to info*m2.com))
© 2008 M2 COMMUNICATIONS LTD

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The difference between genius and stupidity is that genius has its limits

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ARRT(.0002) Update: BizAuctions Sales for President's Day Weekend Exceeds $50,000

Friday, February 22 2008 5:22 AM, EST M2 "Press Wire "
M2 PressWIRE - February 22, 2008 - InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock related question, then why not ask 50,000 individual members? Are you a shareholder of AmeriResource Technologies Inc. (OTCBB:ARRT)? Join the many members engaged in this stock right now. Come see for yourself at www.investorim.com for your complimentary subscription.
End of day trading, AmeriResource Technologies Inc. was down more than 33% with a trading volume surpassing 90,000,000. Today, February 21, 2008 , AmeriResource Technologies, Inc. , a diversified holding company, announced that its subsidiary, BizAuctions, Inc. recorded sales for the three (3) day President's Weekend that exceeded $50,000 .
Disclaimer All material listed within InvestorIM ("Profiles") was based upon information supplied by the company or from other sources believed to be reliable. The information contained in our Profiles is not guaranteed by InvestorIM to be accurate and should not considered to be all-inclusive. The companies discussed on Profiles except for those companies that appear on the InvestorIM have not approved the statements made herein. Any discussions and pages contain forward looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward - looking statements or announcements discussed on Profiles. All material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. InvestorIM is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst, or underwriter. Companies profiled at InvestorIM are ineligible for recommendations on InvestorIM for 90 days following final disposition of any compensation.
InvestorIM will not trade in a security featured as a street tip on this site before the recommendation and not until the recommendation is posted in the main site, unless disclosed when the pick is made. We have the right to sell before targets that are posted on the stock.
You are responsible for your own trading/investing decisions. Use of this site means you have read and understand and accept these terms of use and disclaimer of our liability.
The Financial Information and Financial Content provided by InvestorIM is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by InvestorIM. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by InvestorIM to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. InvestorIM does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.
You acknowledge and agree that any reliance upon the Financial Information or Financial Content available through links accessible through InvestorIM is at your own sole risk. InvestorIM is not responsible for any Financial Information or Financial Content posted by any third party.
InvestorIM may invest or otherwise hold interests in companies contemplating or that have undertaken initial public offerings. InvestorIM does not guarantee the reliability or accuracy of any Financial Information or Financial Content available through InvestorIM. The views and opinions expressed in the Financial Information or the Financial Content are not intended to constitute a description of securities bought, sold, or held on behalf of InvestorIM.
Nor are such views and opinions an indication of any intention to buy, sell, or hold any security by InvestorIM and investment decisions made by InvestorIM may change at any time and for any reason.
The Financial Information and the Financial Content are not intended to constitute investment advice or a recommendation to buy, sell, or hold any security.
Some of the information and Content available through InvestorIM is obtained from third parties. Such third parties are solely responsible for the information or content they make available through InvestorIM.
Investing in securities carries certain risks, and InvestorIM nor any Investment Information is not responsible for any investment losses incurred in reliance on information provided at InvestorIM. ADVICE FROM YOUR OWN FINANCIAL ADVISOR IS STRONGLY RECOMMENDED.
When using InvestorIM concerning investments and securities, investors should be wary and cautions of any information they find. Information obtained through these sources, or through any other aspect of the Products and Services offered by InvestorIM, cannot be a substitute for independent research into particular companies, industries, and investments. Investment or trading decisions should not be based on information obtained through InvestorIM. The information made available may be incorrect; InvestorIM disclaims all responsibility and liability for the Content and its accuracy. The Content is provided solely for the entertainment of users.
In conjunction with the Gramm-Leach-Bliley Act, InvestorIM does not disclose any "non public information" regarding our users. None of our information is passed to third parties in whole or in part.
((Comments on this story may be sent to info*m2.com))
© 2008 M2 COMMUNICATIONS LTD

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SWVC(.0083) Hackett's Closes $5 Million Financing Agreement

Friday, February 22 2008 8:12 AM, EST Business Wire "US Press Releases "OGDENSBURG, N.Y.--(BUSINESS WIRE)--
Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC) ("Seaway Valley") announced today that its wholly owned subsidiary, Patrick Hackett Hardware Company ("Hackett's"), yesterday closed on its previously announced five million dollar inventory-based line of credit from Wells Fargo Bank, NA . The funding, which is being made through Wells Fargo's Business Credit operating division, is expected to fund Monday or Tuesday of next week.
"We are pleased to have closed on this $5 million financing from Wells Fargo," stated Hackett's CEO, Norman Garrelts. Hackett's, which was recently acquired by WiseBuys Stores, Inc. , will be the surviving entity with all of the WiseBuys stores to be converted to and operated under the "Hackett's" brand. "With this line of credit arrangement," added Mr. Garrelts, "Hackett's will have sufficient resources to initiate the repayment of certain debts, transition the existing WiseBuys stores to Hackett's stores, and begin the exploration of possible new locations. We look forward to the funding next week and to a long, mutually beneficial relationship with Wells Fargo."
After the store conversions, Hacketts will operate nine locations including Canton , Gouverneur, Hamilton, Massena, Ogdensburg, Potsdam, Pulaski, Tupper Lake, and Watertown - all in New York . Hackett's is also seeking additional locations in New York , Vermont , Massachusetts , Connecticut , and Pennsylvania .
About Patrick Hackett Hardware Company
Hackett's, one of the nation's oldest retailers with roots dating back to 1830, is a full line department store specializing in name brand merchandise and full service hardware. Hackett's, now with nine locations, features brand name clothing for men, women, and children, and a large selection of athletic, casual, and work footwear. Hackett's also carries domestics, home decor, gifts, seasonal merchandise and sporting goods. Hackett's full service hardware department features traditional hardware, tool, plumbing, paint and electrical departments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation makes equity, equity-related, and debt investments in companies that require expansion capital. Seaway also seeks investments in leveraged buyouts and restructurings. Seaway will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, manufacturing, and select technologies.
Safe Harbor Statement
This press release contains statements that 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 the Company, and members of their 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. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. 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.
Source: Seaway Valley Capital Corporation

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The difference between genius and stupidity is that genius has its limits

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WTVN(.0012) in Major Live Forums to Be Televised on Internet in March and April

Friday, February 22 2008 9:15 AM, EST Business Wire "US Press Releases " LAS VEGAS --(BUSINESS WIRE)--
Wi-Fi TV Inc. (Pink Sheets:WTVN) today announced that it will participate in two major forums addressing the future of television and the Internet. The Founder and Chairman of Wi-Fi TV will speak on both panel discussions and they will be televised on the Internet at www.Wi-FiTV.com. The shows will also be available for on-demand viewing at www.Wi-FiTVNews****.com following each event. Media, business leaders, venture capitalists, TV and Internet experts and industry professionals will be in attendance to view the forums.
The first panel discussion featuring Wi-Fi TV will be at the Digital Living Room Conference produced by iHollywoodForum.com. The panel discussion will be on March 18 , at 2:30-3:10 pm at the Crowne Plaza Hotel , San Francisco Airport .
Scheduled to appear in the forum are:
John Edwards, CEO, Move Networks
Ben Huang, Director of Product Management and Marketing, Microsoft TV
Jonathan Shambroom, SVP Products & Marketing, Crackle, Inc.
Conleth O'Connell, Ph.D., CTO, Vignette Corporation
Alex Kanakaris, Founder and Chairman, Wi-Fi TV Inc.
Shari Barnett, Director of Media Services, Microsoft TV, Microsoft
Corporation

The topic of the forum will be: One Video, Multiple Platforms.

Discussion topics:
Programming is quickly divorcing itself from specific technologies and contexts. Movies, TV episodes, user-generated media, branded entertainment are all time and place shifting across Web, TV, theaters, discs and handheld devices. How will the new cross-platform eco-system change video content and production? Is it possible to build new media brands on the Web, DVD and mobile and expect them to move onto the TV, too? Will the 60-minute drama and 30-minute sitcom survive being wrenched from a leisurely prime-time schedule? And how will any of these properties market themselves to an audience that cherry picks its media so ruthlessly?
The second panel discussion featuring Wi-Fi TV will be at the Broadband TV Summit, which will be part of the NAB Show(TM), the ultimate destination for a global audience of media professionals who seek to deliver enriched content from concept to consumption. It will occur on April 16 at 11:30 to 12:15 at the Las Vegas Convention Center.
Scheduled to appear at the forum are:
Randall Hounsell, VP, Search and Discovery, Comcast
Suranga Chandratillake, Founder and CEO, blinkx, Inc.
Alex Kanakaris, Founder and Chairman, Wi-Fi TV Inc.
Evan Young, Director of Broadband Services, TiVo
The topic of the forum will be: Video Search for Unlimited Channels
Discussion topics:
It's hard enough finding what you want on TV when your cable provider gives you a few hundred channels. The problem becomes infinitely worse in an IPTV world of unlimited channels - including community channels, video-on-demand, video from the web and family videos. The solution lies in a combination of user interface and search algorithms.
ATTEND THE FORUMS LIVE
For more information on attending either forum live go to www.iHollywoodForum.com.
WATCH THE FORUMS ON THE INTERNET
You can watch the above mentioned panel discussions on www.Wi-FiTV.com. They will be accessible from the Wi-Fi TV ClickerTape(TM) at www.Wi-FiTV.com and on-demand at www.Wi-FiTVNews****.com following the events.
ABOUT WI-FI TV
Wi-Fi TV(TM) is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995 .
Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster.
The Wi-Fi TV website (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a free dialer and make phone calls and host live video parties all on one website.
The Company was launched in 1995 and has been publicly traded since November 1997 .
For information on purchasing a Wi-Fi TV Station send an email to info*wi-fitv.com or call 949-576-5011.
For press relations, contact Colby Marceau, 949-716-9397, info*wi-fitv.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
Source: Wi-Fi TV Inc.

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FLIP(.0055)Elysium Internet Acquires SECLawyer.com Market Wire "US Press Releases "
TAMPA, FL -- (MARKET WIRE) -- 02/22/08 -- Elysium Internet, Inc. , an emerging Internet Media/Direct Navigation advertising company and wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP) today announced that it has acquired the domain name SECLawyer.com.
Elysium and FTS CEO Scott Gallagher commented, "We already own SecuritiesAttorney.net, LocalSECAttorney.com, LocalSecuritiesAttorney.com and the term SEC Attorney with a .com address for every state and every major city in the US. Acquiring a premium name like SECLawyer.com allows us to brand our Securities Attorney directory with a top level direct navigation domain dot com name. We now believe that we have developed possibly the largest and certainly the deepest domain name portfolio relating to the business of Securities Attorneys in the world." Gallagher continued, "SECLawyer.com is scheduled to be launched in 6 to 8 weeks or immediately after the launch of Therapists.net and Auditors.com. As previously mentioned upon completion of our directory platform Elysium will begin launching one directory every two weeks for the next year."
Elysium has announced plans to be acquired by publicly traded US Biodefense, Inc. (OTCBB: USBF) dba Internet Holdings in a deal expected to give FTS Group, Inc. majority control of the Company.
About Elysium Internet, Inc.
Elysium Internet, Inc. is an emerging direct navigation online media Company. Its domain assets include: TheDirectoy.com, Therapists.net, SecuritiesAttorney.net, SECLawyer.com, NevadaLawyer.com, LocalAttorney.net, LocalOBGYNs.com, Passenger.net, eBoxing.com, TheFund.net and many others. The Company is in the process of developing several proprietary direct navigation ad platforms. Elysium is a wholly owned subsidiary of FTS Group, Inc. (OTCBB: FLIP) a publicly traded acquisition and development Company. The holding Company generates revenue through its three wholly owned subsidiaries: See World Satellites, Inc. , FTS Wireless, Inc. and Elysium Internet, Inc. For additional information about FTS Group, Inc. or any of its wholly owned subsidiaries please review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov.
Forward-Looking Statements
Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, general economic conditions affecting consumer spending, including uncertainties relating to global political conditions. Information with respect to important factors that should be considered is contained in the Company's Annual Report on Form 10-K and 10-K/A as filed with the Securities and Exchange Commission . Readers are cautioned not to place reliance on these forward-looking statements, which speak only as of the date hereof.
Contact:
Scott Gallagher
Elysium Internet, Inc.
727-417-7807
Email Contact

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