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$IDGC: ID Global Corporation Announces Update for the Green Rush(TM) Cannabis/Hemp Product Line
Date : 06/25/2014 @ 11:16AM
Source : GlobeNewswire Inc.
Stock : Idglobal Corp. (PC) (IDGC)
ID Global Corp. (OTC:IDGC) is pleased to announce that it is in the final stages of packaging design and negotiations with manufacturers on its first wave of cannabis/hemp products featuring the GREEN RUSH™ brand. The first products focused on for the 3rd qtr of 2014 is GREEN RUSH™ Nutraceutical Ground Coffee and Cannabidiol (CBD) infused Energy Drinks.
Sebastien DuFort, president and CEO stated, "We are on a fast track plan with outsource manufacturers to get the coffee line in production. CBI is in final stages of the packaging design and we feel confident that we can announce our first test market in the early part of the third quarter. There will be many more corporate updates over the next few weeks as we seek to expand our footprint in the sector."
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
- Go IDGC
$HPNN: Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
Date : 07/02/2014 @ 11:45AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
TEMECULA, CA--(Marketwired - Jul 2, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) operations in China have been boosted by the recent public acknowledgment by the Chinese government that patents owned by Microsoft are essential to devices using Android Operating System or Chrome. Hop-on is negotiating with OEMs of tablets, smartphones, televisions, set-top boxes, eReaders, portable navigation devices, and the like that can benefit from Hop-on's license agreement with Microsoft.
Hop-on has developed a standard program in which OEMs can take advantage of Hop-on's licenses to bring products into the US. There are hundreds of companies selling unlicensed products to Walmart, Costco, Target and other big box retailers. Essential patent holders have already worked to restrict imports from some OEMs that are in violation, but could find it much easier and effective to directly go after the US retail giants selling those unlicensed products.
With the cost of patent litigation skyrocketing into the many millions of dollars, Hop-on believes this program will save OEMs millions and avoid disruption of their current US sales. Hop-on will be able to quickly establish with Microsoft that royalties on imported products have been paid, allowing OEMs and their US retailers to avoid the risks of expensive and complicated litigation.
Peter Michaels, CEO of Hop-on, stated, "There are dozens of major OEMs selling unlicensed smartphones, tablets, eReaders, navigational devices, smart TVs and set top boxes into big box retailers that are violating Microsoft's patents on Android and Chrome. Essential patent holders have every right to seek legal recourse, and the US and European retailers are not immune. Those retailers are sitting on unlicensed products and receivables that can be subject to court orders to stop sales, have Customs prevent imports at the border, or even require the destruction of any products held."
The People's Republic of China Ministry of Commerce has issued Notice 24 of 2014 acknowledging Microsoft's ownership of patents covering many areas of the Android operating system, including exFAT, RDP, EAS, WiFi, and 3G/4G -related technologies. The Ministry of Commerce has acknowledged that those rights can be enforced in China. The original notice is available at www.mofcom.gov.cn/article/difang/henan/201404/20140400547823.shtml
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global OEM manufacturer of portable electronic devices, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. For more information, please visit www.hop-on.com
- Go HPNN
RLET - BOOMj.com, Inc. Announces the Completion of Reverse Merger Into Reel Estate Services, Inc. (RLET)
Friday December 28, 12:43 pm ET
LAS VEGAS, Dec. 28 /PRNewswire/ -- BOOMj.com, Inc.(TM) today announced the completion of a reverse merger into Reel Estate Services, Inc. (OTC Bulletin Board: RLET - News). BOOMj.com's executive team will maintain control of the new publicly traded entity which provides a niche portal, social network and e-commerce store serving Baby Boomers and Generation Jones. This merger gives BOOMj.com access to the public markets providing greater growth opportunities. The public company will immediately file for a name change to BOOMj.com, Inc.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070131/BOOMJLOGO)
BOOMj.com focuses on the 78 million Baby Boomers and Generation Jones who own 65% of the net worth of USA households and account for 1/3 of the 195.3 million US Web users. BOOMj.com is a leading niche portal and social network for Baby Boomers and Generation Jones. BOOMj offers users over the age of 35 focused content and breaking news in health, finance, politics, technology, entertainment and lifestyle integrated with social networking tools and e-commerce. BOOMj Membership is free and active members are provided with reward points redeemable as cash in the BOOMj.com store. BOOMj.com's leadership team has experience in media, retailing and e-commerce and is at the forefront of establishing the premier destination for Baby Boomers and Generation Jones.
About BOOMj.com, Inc. (TM)
BOOMj.com, Inc.(TM) is a leading niche portal with social networking and e-commerce serving Baby Boomers and Generation Jones. BOOMj integrates content, social networking e-commerce and advertising in health, finance, politics, technology, entertainment, travel and lifestyle. For more information regarding the company, please visit http://www.boomj.com.
Safe Harbor Statement:
This news release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases that say Double-Take or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All forward-looking statements are inherently speculative, and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in forward-looking statements. These risks and uncertainties include those set forth from time to time in our filings with the Securities and Exchange Commission. We are under no obligation, and do not undertake any duty, to update these forward-looking statements at any time.
--------------------------------------------------------------------------------
Source: BOOMj.com, Inc.
Manning for all OTC Securities Delayed Two-Months
Nov 27, 2007
Pink Sheets News Service
On November 26, 2007 the Securities and Exchange Commission issued its order approving a FINRA request to delay the effective date of its Manning Interpretation to include all OTC Equity Securities. Formerly, the effective date was November 26, 2007. The repeal of FINRA Rule 6541, which provides limit order protection for OTC Bulletin Board securities, is likewise delayed until January 14, 2008.
FINRA sought the delay to allow the SEC additional time to consider the proposed minimum price-improvement provision and to allow its members additional time to make necessary system changes to comply with those proposed standards. See SR-NASD-2007-41.
On January 14, 2008, the amended interpretation will include all OTC equity securities, which term is defined in NASD Rule 6610(d) to mean all non-exchange listed securities and certain exchange listed securities that do not otherwise qualify for real-time trade reporting. The only OTC equity securities on which there now exist Manning-like principles are those quoted on the OTC Bulletin Board. (See NASD Rule 6541.) By expanding the interpretation, Manning principles and all the interpretive guidance thereunder will also apply to those equity securities quoted on Pink Sheets as well as those traded in the grey market.
To view the SEC's order, visit www.sec.gov/rules/sro/finra/2007/34-56822.pdf. For further information about IM-2110-2 or Rule 6541, please contact us by email at < a href="mailto:info@pinksheets.com">info@pinksheets.com, or contact Michael T. Dorsey, Esq., Managing Director, Trading Services & Compliance at 212-896-4456.
WWAT??? Speaking of which, that ticker has been doing well...lol
Turn up your hearing aide so I don't have to speak so loud.
Your sis is yelling at me....please speak with her...
AEHI - Alternate Energy Holdings (AEHI) Gets County Green Light to Move Forward on Idaho Nuclear Plant
Jul 17, 2007 9:15:00 AM
LYNCHBURG, VA -- (MARKETWIRE) -- 07/17/07 -- Alternate Energy Holdings (PINKSHEETS: AEHI) announced that the Owyhee County Commission voted unanimously to accept an application from AEHI to construct a nuclear plant near Grand View, Idaho. The project previously obtained the necessary land and funding. Local and federal processes for the plant will now run concurrently, with the Nuclear Regulatory Commission approval being the last major milestone before construction. AEHI Chairman and CEO Don Gillispie stated, "This is a key step in the process to obtain cost-effective, safe, clean and reliable power for the county, Idaho and the region."
About Idaho Energy Complex Corporation (www.idahoenergycomplex.com)
The Idaho Energy Complex, a holding of AEHI, is a proposed $3.5 billion commercial nuclear power plant/bio-fuel generation facility to be constructed on a designated site near Grand View, Idaho. The electricity provided by the nuclear plant would be sufficient to power Idaho's growing needs and allow the elimination of fossil fuels for current power production. Additionally, excess heat from the nuclear reactor would be used to produce ethanol and methane from local crops and agricultural waste.
About Alternate Energy Holdings, Inc. (www.alternateenergyholdings.com)
Alternate Energy Holdings actively acquires private green energy companies, as well as develops and markets innovative clean energy sources. Current projects include nuclear construction, bio-fuel generation, a safe and effective system for removing carbon dioxide from coal and natural gas plants emissions, and marketable lightning harvesting technology for electricity production.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation that the objective and plans of AEHI will be achieved.
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For More Information:
Email Contact
Investor Relations Inquiries:
540-586-7470
Email Contact
SDTH - ShengdaTech Begins Production of New NPCC Lines
Adds 40,000 Metric Tons Capacity
TAIAN CITY, China, July 17 /Xinhua-PRNewswire-FirstCall/ -- ShengdaTech Inc. ('ShengdaTech' or 'The Company') (Nasdaq: SDTH) a leading manufacturer of nano precipitated calcium carbonate (NPCC) and coal-based chemical products in the People's Republic of China ('PRC'), today announced it completed the addition of 40,000 metric tons of annual NPCC capacity at its factory in Xianyang City, Shanxi Province.
ShengdaTech added two new lines, each with 20,000 metric tons of annual capacity, to its factory at Shengda Industrial Park. The new lines utilize the Company's advanced cost-efficient membrane diffusion technology which lowers production costs of NPCC particles by 5-7% compared to the traditional ultra-gravity method. The membrane diffusion method also provides better quality NPCC particles, providing a broader range of market applications. ShengdaTech is currently developing a number of new NPCC applications in various plastics.
ShengdaTech invested approximately $10 million for the equipment, which increases annual capacity at the factory to 100,000 metric tons and total annual capacity to 130,000 metric tons. The Company expects the new lines to operate at full capacity by November 2007. Assuming full utilization and using current prices after value added tax for NPCC products, the additional 40,000 metric tons of production capacity is equivalent to approximately $15 million in potential additional revenues to ShengdaTech.
'We are very pleased with our progress to date in expanding our capacity. We opened our new factory at Shengda Industrial Park with 60,000 metric tons of capacity in the fall of 2006 and quickly ramped up to full capacity by December 2006. Our new factory is located close to high quality limestone and uses cost-efficient membrane diffusion technology which have the combined effect of reducing our production costs of NPCC particles by 30%,' commented Mr. Xiangzhi Chen, CEO of ShengdaTech. 'We are excited about opportunity for our NPCC products as we develop new applications and expand into overseas markets. We expect NPCC to continue contributing to our revenue growth and gross margin in the future, in fact, as previously announced, our plans call for another expansion of NPCC capacity as early as December of this year.'
About ShengdaTech, Inc.
ShengdaTech is engaged in the business of manufacturing, marketing and selling a variety of nano-precipitated calcium carbonate ('NPCC') products and coal-based chemicals for use in various applications. The Company converts limestone into NPCC using its proprietary technology. The unique chemical and physical attributes make NPCC a valuable ingredient in tires, paints, polyvinyl chloride ('PVC') building materials and other products. NPCC enhances the durability of many products by increased strength, heat resistance, and dimension stabilization. The Company is also engaged in the manufacture and sale of coal-based chemical products namely ammonium bicarbonate, liquid ammonia, melamine and methanol. The Company markets and sells its coal-based products mainly for chemical fertilizers and raw materials in the production of organic and inorganic chemical products, including formaldehyde and pesticides.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the tire industry, changes in composition of tires, ability to attract new customers, ability to increase our product's applications, ability of our customers to sell products, cost of raw material, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission.
For more information, please contact:
Crocker Coulson, President
CCG Elite
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Leslie Richardson, Financial Writer
CCG Elite
Tel: +1-646-213-1915
Email: leslie.richardson@ccgir.com
SOURCE ShengdaTech Inc.
Source: PR Newswire (July 17, 2007 - 7:30 AM EST)
News by QuoteMedia
www.quotemedia.com
YTBL - YTB International Announces Effective Date for Common Stock Reclassification and Split
Jul 17, 2007 8:00:00 AM
WOOD RIVER, Ill., July 17 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC: YTBL.PK) ("YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, today announced July 31, 2007 as the effective date of the Company's common stock reclassification and stock split.
YTB previously announced the shareholder approval of an amendment and restatement of the Company's Certificate of Incorporation to authorize the issuance of two classes of common stock, Class A and Class B, and to increase the Company's total authorized capital. As of the effective date, shareholders will receive two shares of Class B, and one share of Class A, common stock in exchange for each share of existing common stock held as of the close of trading on the effective date.
If shareholders hold unrestricted shares through a brokerage account or in street name, then no action needs to be taken on their part, as the new shares will automatically be credited to their brokerage account in replacement of existing shares. If existing shares are held in record name, then shareholders will receive a transmittal letter from the Company's transfer agent, American Stock Transfer & Trust Company. This mailing will occur on or about the July 31 effective date. Shareholders that receive the transmittal letter will be required to fill out any documentation included as instructed and mail it back, along with their existing common stock certificates, to the transfer agent at the address provided. Once the transfer agent receives the requested information, along with existing common stock certificates, the new Class A and Class B shares will be issued.
As of July 17, 2007, YTB International had 38.9 million existing shares outstanding. Following the reclassification and share split, the Company will have approximately 38.9 million shares of Class A common stock outstanding, and approximately 77.8 million shares of Class B common stock outstanding.
Further information on both the reclassification and split can be found in the Company's 2007 Definitive Proxy Statement on Schedule 14A, filed with the Securities & Exchange Commission on April 24, 2007.
About YTB International
YTB International, Inc. provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, and the US Virgin Islands. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com division focuses on marketing on-line travel agencies through a nationwide network of independent business people, known as "Reps." YTB Travel Network division establishes and maintains travel vendor relationships, books travel transactions of on-line travel agents (RTAs, now numbering over 100,000), collects travel payments and licensing fees, and processes travel commissions. Each RTA sells travel through a personalized Internet-based travel Website. The REZconnect Technologies division builds online reservation systems for suppliers within the travel industry.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
This document is available on the KCSA Worldwide Website at www.kcsa.com.
Investor Contacts:
Garth Russell / Yemi Rose
KCSA Worldwide
212-896-1250/ 212-896-1233
SOURCE YTB International, Inc.
----------------------------------------------
Investors
Garth Russell
+1-212-896-1250
or Yemi Rose
+1-212-896-1233
both of KCSA Worldwide
for YTB International
Inc.
CMBC - Calypte Reports Positive Results of Aware(TM) HIV-1/2 Oral Fluid Rapid Test Evaluation at 3rd Annual South African AIDS Conference
Jul 16, 2007 8:30:00 AM
LAKE OSWEGO, Ore., July 16 /PRNewswire-FirstCall/ -- Calypte Biomedical Corporation (OTCBB: CBMC), medical diagnostic tests manufacturer for the rapid detection of antibodies to the human immunodeficiency virus (HIV) announced today the results and positive social implications of a field evaluation of its Aware(TM) HIV-1/2 OMT (oral fluid) rapid test in the Republic of South Africa . These results were recently presented in a poster at the 3rd South African AIDS Conference in Durban last month. Posters are scientific research papers (in poster presentation form) accepted by a conference for the education of its attendees, typically displayed in a Poster Section on the conference floor.
The field evaluation was conducted on 600 clients of unknown HIV status at two busy Voluntary Counseling and Testing ("VCT") clinics in South Africa. The expected HIV prevalence rate was 30-40%; overall, 44% of the clients tested positive. The poster reported that "the results obtained on OMT were comparable with results on serum, and were statistically significant."
Study nurses responsible for the collection of samples described OMT (oral fluid test) collection as "easy to do", and preferred the non-invasive oral fluid collection method to the blood collection currently in use. Laboratory personnel found the test procedure simple to perform and results easy to interpret. "This assay may be a suitable alternative for VCT practices," was the poster's conclusion.
Roger Gale, Calypte's Chairman and Chief Executive Officer, stated, "We have long known the accuracy of the Aware(TM) HIV-1/2 oral fluid rapid test. The usage studies that are now being reported are focusing on the social aspects of such a test and we are pleased that there is strong sentiment for adopting oral fluid testing. While changing long-established blood collection practice to the OMT method is a process, we believe we are gaining momentum in making oral fluid an acceptable alternative to blood testing. The recent approval of our oral fluid test in India and the subsequent interest we are seeing from the government, military and private sectors is very encouraging in this regard."
Johannes Viljoen, MBChB, FC Path (SA) Viro, at the College of Health Sciences of the University of KwaZulu-Natal, Durban, South Africa and principal investigator presenting this poster noted, "We specialize with individuals living in rural settings of South Africa. In South Africa there are ongoing public health and media campaigns to increase public awareness and uptake of HIV testing in an attempt to curb the spread of the epidemic. We anticipate that offering a non-invasive rapid test may quite possibly result in an enhanced uptake of testing, mostly as a result of it being more acceptable and painless, even more so for children. In our study, the technique was clearly preferred over finger-sticks by the health care providers."
Dr. Pravi Moodley, Acting Head of the Department of Virology at the University of KwaZulu-Natal and National Health Laboratory Service, Durban, South Africa and a co-author of the poster commented, "The sampling of oral fluid for HIV antibody rapid testing in resource constrained settings has advantages over the conventional finger-prick blood which is currently used for HIV antibody rapid testing. The obtaining of an oral fluid sample is much simpler since a community health worker requiring minimal training will be able to obtain the sample. It is also much safer since no sharps and sharps containers are necessary, obviating the need for intensive health and safety training which may unnecessarily consume financial and human resources in already resource constrained settings."
Further, our field evaluation of Calypte's Aware(TM) HIV-1/2 OMT Rapid Test showed excellent correlation with blood samples," concluded Dr. Moodley.
About Calypte Biomedical:
Calypte Biomedical Corporation (www.calypte.com) is a U.S.-based healthcare company focused on the development and commercialization of rapid testing products for sexually transmitted diseases such as the AwareTM HIV-1/2 OMT test that are suitable for use at the point of care and at home. Calypte believes there is a significant need for rapid detection of such diseases globally to control their proliferation, particularly in developing countries, which lack the medical infrastructure to support laboratory-based testing. Calypte believes that testing for HIV and other sexually transmitted infectious diseases may make important contributions to public health, and could increase the likelihood of treating those with undetected HIV and other sexually transmitted diseases.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the Company's ability to obtain additional financing, if and as needed, and access funds from its existing financing arrangements that will allow it to continue its current and future operations and whether demand for its test products in domestic and international markets will generate sufficient revenues to achieve positive cash flow and profitability. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-KSB for the year ended December 31, 2006 and its subsequent filings with the SEC.
Company Contact:
Richard Brounstein, Executive Vice President
(971) 204-0282
email: rbrounstein@calypte.com
Investor Relations Contact:
Tim Clemensen,
Rubenstein Investor Relations
Phone: (212) 843-9337
email: tclemensen@rubensteinir.com
SOURCE Calypte Biomedical Corporation
----------------------------------------------
Company: Richard Brounstein
Executive Vice President
+1-971- 204-0282
rbrounstein@calypte.com
or Investor Relations: Tim Clemensen
Rubenstein Investor Relations
+1-212-843-9337
tclemensen@rubensteinir.com
WTVI - Wi-Fi TV to Deliver First Streaming Movie to iPhone Today in Breakthrough Which Frees up Space on iPhone and Expands Movie Distribution
Jul 13, 2007 9:15:00 AM
NEWPORT BEACH, CA -- (MARKETWIRE) -- 07/13/07 -- Wi-Fi TV Inc. (PINKSHEETS: WTVI), a small and little known public company that has consistently broken technological barriers ushering in the delivery of video over the Internet since 1995, announced today that it will be offering the public the first ever delivery of a streaming movie to the iPhone from a website (www.iPhoneWi-FiTV.com).
Wi-Fi TV Breaks iPhone� Movie Memory Barrier:
The importance of showing streaming movies on the iPhone is that the iPhone has a limited and non-expandable memory that can only hold a certain number of songs, videos and other information. Movies are the most memory intensive form of entertainment and depending on the other content a user chooses to save on their iPhone, there may only be room for a single movie, or no movie at all, to download in an individual iPhone. Unlike other plans announced to deliver movies to the iPhone, Wi-Fi TV does not require a movie to be downloaded and stored in the iPhone memory, but rather Wi-Fi TV streams the movie, which takes up no memory space in the iPhone.
Public Can Watch Movie On iPhone Today:
Today at www.iPhoneWi-FiTV.com Wi-Fi TV is offering a free streaming movie which can be viewed in the iPhone as an example of its technology and as a preview to a large number of movies it will be offering as both streaming and downloadable content to iPhones and other Internet enabled devices. To the best of the knowledge of Wi-Fi TV Inc., no other company prior to today has offered the public a movie that streams to the iPhone.
Potential For New Ad Revenue Model With Free Movies:
Since Wi-Fi TV will be adding brief video advertisements at the beginning of each of its movies, the ability of Wi-Fi TV to deliver streaming movies to the iPhone, and many other devices, has great potential value in revenue generation for the company.
"The entire Wi-Fi TV Sales Team will benefit from our Company's unique and industry leading ability to deliver streaming movies to the iPhone," said Joe Soto, Wi-Fi TV Global Vice President.
Breakthrough Is Part of Wi-Fi TV Strategic Plan:
"Following a directive of our Founder and Chairman, the Wi-Fi TV technical team has spent many hours of research on the iPhone and has moved to quickly establish itself as a source of video entertainment content to iPhone�, iPod� and AppleTV�. Today's industry leading beta test for the public is indicative of where Wi-Fi TV is going in multimedia content delivery," said Thomas Hagstrom, a technical consultant to Wi-Fi TV Inc. "It is just the beginning of the content we will offer," Mr. Hagstrom added.
How To Watch Free Movie Today:
To watch a movie on your iPhone, streaming and for free, go to www.iPhoneWi-FiTV.com.
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. The Wi-Fi TV website 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 dialer and make free phone calls and host live video parties all on one website.
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. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.
The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.
Press Relations:
Wi-Fi TV Inc. has opened a content and technology demo room for the press in Newport Beach, California. For further information 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. iPhone�, iPod� and AppleTV� are registered trademarks of Apple. There is no relationship between Apple and Wi-Fi TV, and none is implied. This press release shall not be deemed a general solicitation.
Contact:
Colby Marceau
(949) 716-9397
Email Contact
RVNG - Raven Gold Corp. announces today that a second load of concentrate totalling approximately 6.5 tonnes have been delivered to the smelter in Torreon
Jul 13, 2007 9:02:00 AM
LAS VEGAS, July 13 /PRNewswire-FirstCall/ - Raven Gold Corp. (OTCBB: RVNG) (the "Company"), is pleased to announce that a second load of concentrate totalling approximately 6.5 tonnes have been delivered to the smelter in Torreon with payments expected to be in approximately 30 days.
The mill continues to be fine tuned and is now generating recovery rates of approximately 83% for Silver and 85% for Gold. Recent head grades have been averaging approximately 1.9 grams Gold and 223 grams Silver. Values for this shipment average approximately 700 grams Gold and 38 Kilos Silver per tonne of Concentrate.
Blair Naughty, President of Raven Gold Corp. commented that, "We are very excited to be able to ship the second load of concentrate to the smelter in Torreon, this will in-turn generate revenues for Raven Gold, Corp. and will be used for exploration of other high grade gold and silver deposits."
About La Currita
The La Currita Groupings includes 4 mines, a 300 ton/day operating floatation mill and stockpiled ore. The La Currita mine was in steady production from 1983 until 1998. A diamond drilling exploration program conducted in 1998 indicated grades of 2.59 g/t Au and 200 g/t Ag. Existing mines and mineralized structures hold potential to increase tonnage through systematic exploration. The area surrounding La Currita has numerous mines and recent substantial discoveries. Adjacent to the La Currita holdings, Palmarejo recently merged with Coeur d'Alene Mines Corporation and Bolnisi Gold NL, in a transaction valued at approximately US$1.1 billion, creating the world's leading primary silver producer. In addition, about 20 miles to the SE is the 170,000 ounce/year Glamis Gold's El Sauzal gold mine and 40 miles to the North is Gammon Lake Resource's Ocampo Gold-Silver Project with a projected 270,000 gold-equivalent ounces/year.
About Raven Gold Corp.
Raven Gold Corp. is an international gold mining company, with exploration and development projects. Raven's mandate is to initiate an aggressive acquisition policy, focusing on under-explored to advanced stage exploration gold deposits in North and South American Countries. Raven is focused on becoming a low cost gold producer.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
CONTACT: Raven Gold Corp., Investor Relations, 1-877-31-RAVEN (1-877-317-2836), Email: ir@ravengold.com, Website: www.ravengold.com
SOURCE Raven Gold Corp.
----------------------------------------------
Raven Gold Corp.
Investor Relations
1-877-31-RAVEN (1-877-317-2836)
Email: ir@ravengold.com
Website: www.ravengold.com
BIOF - BioFuel Energy Retires $30.0 Million of Debt
Jul 12, 2007 6:51:00 PM
DENVER, July 12 /PRNewswire-FirstCall/ -- BioFuel Energy Corp. (Nasdaq: BIOF) announced today that the underwriters of its recently completed initial public offering had exercised their full over-allotment option, purchasing 787,500 additional shares of common stock. The shares were purchased at the $10.50 per share offering price, resulting in $7.7 million of additional proceeds to the Company. With the over-allotment, a total of 10,287,500 new shares were sold by the Company. Of these shares, 6,037,500 were sold to the public and 4,250,000 were sold simultaneously to the Company's three largest pre-existing shareholders. Outstanding shares now total 33.3 million. Net proceeds from the offerings approximated $100.3 million. Earlier this week, the Company retired $30.0 million of its subordinated debt with offering proceeds, leaving $20.0 million of subordinated debt outstanding.
BioFuel Energy is a development stage company currently engaged in constructing two 115 million gallons per year ethanol plants in the Midwestern corn belt. The Company's goal is to become a leading ethanol producer in the United States by acquiring, developing, owning and operating ethanol production facilities.
Contact: David J. Kornder For more information:
Executive Vice President & http://www.bfenergy.com
Chief Financial Officer
(303) 592-8110
dkornder@bfenergy.com
SOURCE BioFuel Energy Corp.
----------------------------------------------
David J. Kornder
Executive Vice President & Chief Financial Officer of BioFuel Energy Corp.
+1-303-592-8110
dkornder@bfenergy.com
ENCY - Encysive Pharmaceuticals Provides Update for Thelin (Sitaxsentan Sodium)
Jul 13, 2007 7:00:00 AM
2007 PrimeNewswire, Inc.
HOUSTON, July 13, 2007 (PRIME NEWSWIRE) -- Encysive Pharmaceuticals Inc. (Nasdaq:ENCY) today announced that the Company and officials from the U.S. Food and Drug Administration (FDA) held a formal Class A preliminary dispute resolution meeting regarding the June 15th approvable letter and the status of our New Drug Application (NDA) for Thelin(tm) (sitaxsentan sodium). Several members of Encysive's internal and external regulatory team attended the meeting with the FDA. In addition, Robyn J. Barst, M.D., Professor of Pediatrics at Columbia University College of Physicians and Surgeons, and Director, New York Presbyterian Hospital Pulmonary Hypertension Center and a principal investigator in the STRIDE-2 trial, attended the meeting.
The Company originally submitted an NDA for Thelin to treat pulmonary arterial hypertension (PAH) in February 2005. In the June 15th approvable letter, the FDA concluded that Encysive's clinical development program for Thelin did not demonstrate significant evidence of efficacy needed for approval.
This meeting complies with the FDA's guidance on dispute resolution requiring that a sponsor meet with the division reviewing its NDA prior to requesting formal dispute resolution. The Company expects to file a request for formal dispute resolution with the FDA in the near term.
About Encysive Pharmaceuticals
Encysive Pharmaceuticals Inc. is a global biopharmaceutical company engaged in the discovery, development and commercialization of novel, synthetic, small molecule compounds to address unmet medical needs. Our research and development programs are predominantly focused on the treatment and prevention of interrelated diseases of the vascular endothelium and exploit our expertise in the area of the intravascular inflammatory process, referred to as the inflammatory cascade, and vascular diseases. To learn more about Encysive Pharmaceuticals please visit our web site: www.encysive.com.
The Encysive Pharmaceuticals Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=843
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are: decisions by the FDA regarding whether and when to approve our NDA for Thelin(tm); unexpected delays in regulatory approval of Thelin(tm) by the FDA in the U.S. and our other products under development; the unpredictability of the duration and results of regulatory review of new drug applications and investigational new drug applications by the FDA; our estimate of the sufficiency of our existing capital resources; our ability to raise additional capital to fund cash requirements for future operations; the availability of sufficient funds to commercialize Thelin(tm) in the U.S. should it be approved by the FDA, as well as more specific risks, trends and uncertainties facing Encysive such as those set forth in its reports on Forms 8-K, 10-Q and 10-K filed with the U.S. Securities and Exchange Commission. Given these risks, trends and uncertainties, any or all of these forward-looking statements may prove to be incorrect. Therefore you should not rely on any such forward-looking statements. Furthermore, Encysive undertakes no duty to update or revise these forward-looking statements. The Private Securities Litigation Reform Act of 1995 permits this discussion.
CONTACT: Encysive Pharmaceuticals
Investors:
Ann Tanabe, VP, Investor Relations and Corporate
Communications
(713) 796-8822
BMC Communications
Media:
Dan Budwick
(212) 477-9007 ext. 14
The Trout Group
Marcy Strickler
(646) 378-2927
It was actually was selling higher and of course
NITE playing games with it. still happy though.
you should send TDA a thank you note for making you hold
re: EAGB,
I seen an S-8 out 07/05/07
however, thought this sched. 13d filed this morn was interesting
Percent of Class Represented by Amount in Row (11)
Approximately 13.27%
Charlton Conine
Shares Purchased for the Reporting Person:
Person Quantity Date Unit Cost Where & How Transacted
Charlton Conine 10,000 2/09/07 0.43 Buy, Morgan Stanley Account
Charlton Conine 90,000 3/29/07 0.21 Buy, Morgan Stanley Account
Charlton Conine 100,000 4/03/07 0.22 Buy, Morgan Stanley Account
Charlton Conine 22,000 4/03/07 0.23 Buy, Morgan Stanley Account
Charlton Conine 100,000 4/05/07 0.19 Buy, Morgan Stanley Account
Charlton Conine 20,000 4/11/07 0.17 Buy, Morgan Stanley Account
Charlton Conine 80,000 4/11/07 0.17 Buy, Morgan Stanley Account
Charlton Conine 100,000 4/16/07 0.16 Buy, Morgan Stanley Account
Charlton Conine 100,000 4/18/07 0.16 Buy, Morgan Stanley Account
Charlton Conine 25,000 4/26/07 0.17 Buy, Morgan Stanley Account
Charlton Conine 10,000 4/30/07 0.18 Buy, Morgan Stanley Account
Charlton Conine 26,000 4/30/07 0.19 Buy, Morgan Stanley Account
Charlton Conine 200,000 5/01/07 0.20 Buy, Morgan Stanley Account
Charlton Conine 37,000 5/02/07 0.21 Buy, Morgan Stanley Account
Charlton Conine 21,000 5/02/07 0.19 Buy, Morgan Stanley Account
Charlton Conine 30,500 5/08/07 0.21 Buy, Morgan Stanley Account
Charlton Conine 100,000 5/16/07 0.18 Buy, Morgan Stanley Account
Charlton Conine 100,000 5/18/07 0.18 Buy, Morgan Stanley Account
Charlton Conine 100,000 5/22/07 0.17 Buy, Morgan Stanley Account
Charlton Conine 125,700 6/06/07 0.17 Buy, Morgan Stanley Account
Charlton Conine 80,000 6/14/07 0.16 Buy, Morgan Stanley Account
Charlton Conine 150,000 6/19/07 0.15 Buy, Morgan Stanley Account
Charlton Conine 75,000 6/26/07 0.11 Buy, Morgan Stanley Account
Charlton Conine 300,000 7/03/07 0.09 Buy, Morgan Stanley Account
Charlton Conine 520,000 7/05/07 0.10 Buy, Morgan Stanley Account
Charlton Conine 500,000 7/05/07 0.10 Buy, Morgan Stanley Account
Charlton Conine 500,000 7/06/07 0.09 Buy, Morgan Stanley Account
Charlton Conine 500,000 7/09/07 0.09 Buy, Morgan Stanley Account
Charlton Conine 500,000 7/11/07 0.09 Buy, Morgan Stanley Account
Out my CTUV post f/s (CVNE) for more then double, watching this one for the merger that was PR'd. been some nice buying up to 2.20 recently.
fwiw
CYRR 10 avg volume 5500 today 126k so far, like this one and watching fwiw.
ok u got me there.
I disagree, I have seen you eat...lol
no way !!! it eats more than me !!!
CWLXF - Diamond Drilling Program Has Now Commenced on the Curlew Lake Typhoon Gold Property. Curlew Lake Holds a 100% Interest in the 23 Square Kilometer Property
Jul 12, 2007 9:10:00 AM
LANGLEY, BRITISH COLUMBIA -- (MARKETWIRE) -- 07/12/07 -- Curlew Lake Resources Inc. (TSX VENTURE: CWQ)(PINK SHEETS: CWLXF) reports good progress on its summer exploration program on the Typhoon Gold Property in the Yukon. The start of the 2007 exploration program was announced in a News Release dated 4 June 2007. A tent camp was set up on the claim block and exploration work carried out to date includes line cutting, an IP survey, additional magnetometer and geochemical surveys, and geological mapping. A Diamond Drilling program has now commenced to test some of the prospective anomalies identified by surface exploration programs completed in this and prior years. Curlew Lake is running a QA/QC program consistent with National Instrument 43-101 and industry best practices.
Curlew Lake holds a 100% interest in 117 mineral claims on the project, covering an area of approximately 23 square kilometers (about 9 square miles). The property is well situated for mineral exploration as it is accessible by a good gravel road connecting to the Klondike Highway about 100 kms southeast of Dawson City, Yukon.
The program is being managed by Aurora Geosciences Ltd. of Whitehorse, Yukon, under the supervision of Mike Wark, P. Geol. Jim Turner, P. Geol., a "Qualified Person" under National Instrument 43-101, is overseeing the program on behalf of the Company.
Significant results will be reported in a timely manner.
For additional information or to be added to the corporate mailing list please visit the following page http://www.curlew-lake.com/cwq/mail.html
On Behalf of the Board of Directors
Robert B. Pincombe, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Curlew Lake Resources Inc.
David D. McKee
Chief Financial Officer
(647) 722-3454
(647) 722-4337 (FAX)
Email: david.mckee@curlew-lake.com
Website: www.curlew-lake.com
Hate to have to feed that thing...lol
What a mutt !!!!!!!!!!
http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=467474&in_page_id=17...
Samson: The 19st dog who's heads and shoulders above the rest
By ANDY DOLAN - More by this author »
Last updated at 16:20pm on 10th July 2007
Comments (4)
Standing 6ft 5in tall on his hind legs, it's no wonder visitors think twice about walking down the garden path when Samson pops his head over the gate to greet them.
But although he might be the size of a small horse, owners Julie and Ray Woods insisted yesterday that Samson's bark is most definitely worst than his bite.
The Great Dane/Newfoundland cross tips the scales at an incredible 19 stone 10lb (276lb) and is believed to be Britain's tallest dog.
Yesterday, Mrs Woods, from Boston, Lincolnshire, told how the dog boasts a 59in chest and a 29in neck and takes up the whole three-seater sofa at home.
He has already out-grown two specially-made collars and is so big he can fit into a pony coat during walkies in the rain.
Mrs Woods, 54, said: "People are often instantly intimidated when they first see him but he is so gentle and wouldn't harm a fly.
"He loves being patted and is very affectionate.
"We've never had such a large dog, our last was a small terrier, but we wouldn't swap Samson for the world.
"He towers over Ray who is almost six feet tall and when he jumps up on the garden gate, it's enough to frighten the life out of anyone."
The couple spend £60 a month on dried dog food and Samson gets through two large bowls of the mix each day - around average for the breeds - and the odd turkey leg for a treat.
His legs are so big that the Woods have to raise his bowl about a foot off the floor on a special stand so he can reach down and eat.
Mr Woods, 65, said passers-by do a double take and other dogs keep a safe distance when they spot Samson straining on the leash during their daily eight-mile walks.
He added: "The looks on people's faces when I take him is priceless.
"Some people are visibly shocked, passing motorists sound their horns and other dogs tend to give him a wide berth.
"But even though he looks big and imposing, he's actually a softie at heart - a gentle giant."
The current world's tallest dog is a harlequin Great Dane called Gibson, from Grass Valley, California.
He measured 42.2in tall (107cm) when standing on all fours to the top of his shoulders when he claimed the title in August 2004.
Samson stands 37 inches (94cm) to the shoulder, but at the age of three, is unlikely to grow much further.
Mrs Woods, who receives disability benefits after a stroke left her unable to work, and her husband, who acts as her full-time carer, chose Samson from an RSPCA centre when he was six-months-old, making a donation in return.
The dog had been abandoned by his previous owners because he was destructive, but the Woods say they have had no problems with him.
Despite being a puppy, he was already well over five feet on his hind legs and weighed 16 stone 2lbs (170lb).
His mother was a Newfoundland, a breed famed for it's powerful build while his father was a Great Dane, dogs renowned for their height.
They belonged to the same owner and were not meant to mate but when they did they produced a litter of 11 puppies.
Samson, however, was literally head and shoulders above his brothers and sisters.
Mrs Woods, a grandmother of eight, added: "The other puppies were big but none of them came close to Samson.
"The staff at the RSPCA centre said they'd never seen such a large dog."
A spokesperson from the Kennel Club said: "Newfoundlands are notoriously burly dogs and Great Dane's are renowned for their height.
"Samson is the product of the biggest qualities of both breeds. That is the secret of his enormous size.
"Samson is clearly is excellent health he has just grown beyond belief. I think it is all down to his unique parentage."
Samson's vet, Maxine Briggs, said: "He's certainly a giant dog - the biggest I've dealt with, and he's certainly not overfed.
"He's a cross between two of the biggest breeds of dog so he was bound to be big."
A Guinness World Records spokesman said there is no individual record kept for Britain's tallest dog.
The record for the world's heaviest dog was scrapped to prevent pet owners from over-feeding their animals in a bid to claim the title.
The last dog to hold the title was believed to be English Mastiff called Hercules from Massachusetts. The dog tipped the scales at 20.3 stone (284lb)in 2001.
HDVY - Health Discovery Corporation Settles Patent Infringement Suit against Ciphergen Biosystems, Inc.
Ciphergen to License HDC's Support Vector Machine Technology
Jul 6, 2007 9:27:00 AM
Copyright Business Wire 2007
SAVANNAH, Ga.--(BUSINESS WIRE)--
Health Discovery Corporation ("HDC") (OTCBB:HDVY) today announced that its patent infringement action against Ciphergen Biosystems, Inc. has been settled. Under the terms of the agreement, Ciphergen will pay $600,000 to HDC and receive a non-exclusive license to use HDC's support vector machines in applications for Ciphergen's proprietary SELDI-based technologies. Ciphergen also dropped all counter-claims against HDC.
"This settlement is an excellent resolution for our company and shareholders," said Stephen D. Barnhill, M.D., HDC's Chairman and CEO. "It is also the second favorable outcome in both of the patent infringement suits we've filed, adding credence and momentum to our ongoing licensing efforts. HDC remains firmly committed to monetizing our valuable intellectual property through close collaboration and development with our business partners, but we will also continue to protect our patent portfolio through robust enforcement action when necessary."
Savannah-based Health Discovery Corporation (OTCBB:HDVY) is uniquely positioned in the field of pattern recognition technology. Through the application of its patent protected technology, HDC is a biology-oriented biomarker discovery company providing all aspects of First-Phase Biomarker Discovery sm. The Company's SVM and RFE-SVM pattern recognition tools have significant application potential in other sizable commercial markets such as radiology, financial markets, Internet search and spam, homeland security, and other areas where analysis of large volumes of complex data is required.
This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the management team of HDC believes that the expectations reflected in such forward-looking statements are reasonable, they can give no assurance that such expectations will prove correct.
Source: Health Discovery Corporation
----------------------------------------------
Health Discovery Corporation
Daniel R. Furth
813-716-4783
investor@healthdiscoverycorp.com
www.healthdiscoverycorp.com
CLSC - Cobalis Reports Phase III Trial Results for PreHistin(TM) in Seasonal Allergic Rhinitis
Low Symptom Levels in Overall Patient Population Lead to Inconclusive Outcome
Jul 6, 2007 9:15:00 AM
Copyright Business Wire 2007
IRVINE, Calif.--(BUSINESS WIRE)--
Cobalis Corp. (OTCBB:CLSC), a pharmaceutical development company specializing in anti-allergy medications, today reported preliminary top-line results from two Phase III clinical trials for its drug PreHistin(TM) in patients with moderate to moderately severe seasonal allergic rhinitis, commonly known as hay fever. The trials showed very low symptom levels in both placebo and PreHistin-treated patient groups, thereby leaving no room to demonstrate a meaningful drug effect.
In the randomized, six week, placebo-controlled trials involving a total of 1,551 subjects, PreHistin did not achieve statistically significant differences from placebo in the primary measure of efficacy, the reduction in total nasal symptom score (TNSS). However, the TNSS data for placebo-treated patients was far lower than would be expected for the moderate to moderately severe patient population called for in the protocol. Low pollen counts in many of the regions during the time PreHistin was being tested may have resulted in low mean placebo symptom scores for the overall study population.
The trials showed that PreHistin was well tolerated and thus contributed positively to the safety record of PreHistin's active ingredient, cyanocobalamin.
A comparison of pre- and post-treatment blood levels of cobalamin demonstrated for the first time in a large study population that delivery of cyanocobalamin via sublingual lozenges resulted in significant increases in cobalamin blood levels.
Cobalis' Chief Scientific Officer Ernest Armstrong commented: "Showing a meaningful reduction in allergy symptoms when the symptoms never increased throughout the pollen season to the desired moderate to moderately severe level is next to impossible. It's like trying to prove that a pump can pump water out of a swimming pool when there is almost no water in the pool to begin with. Other pharmaceutical companies studying allergy drugs have reported problems with their clinical trials because of low symptom scores in an allergy season, with at least one report in an analogous situation occurring in the 2006 ragweed season when we conducted our trials."
The Company's chief executive officer, Gerald Yakatan, Ph.D., said, "It is unfortunate that nature did not provide the level of allergy symptoms we needed for our studies, but we continue to believe in PreHistin as a product. Cobalis remains committed to a corporate strategy based on bringing PreHistin to the consumer market. Going forward, we will continue pursuing FDA approval of PreHistin as an OTC drug if we assess the prospects for such approval to be favorable, but we will also investigate other potential marketing channels."
Details of the Study
The parallel, randomized, double-blind Phase III clinical trials for PreHistin involved 1,551 patients at 23 sites across the central, southern and eastern U.S. The patients received either a placebo or a 3.3-mg sublingual dosage of PreHistin twice daily for three weeks prior to the onset of the ragweed allergy season and for an additional three weeks into the allergy season. The primary efficacy parameter for each trial was the difference in the mean reduction in Total Nasal Symptom Score (TNSS) observed between the placebo and PreHistin over the fourth, fifth and sixth weeks of the studies. TNSS is a 12-point scale derived by summing and averaging all a.m. and p.m. scores for four symptoms: sneezing, runny nose, nasal congestion and nasal itch. Each symptom is given a score - 0 (none), 1 (mild), 2 (moderate) or 3 (severe) - resulting in a maximum recorded daily mean TNSS of 12. Patients maintained electronic diaries twice daily, self-rating their average symptoms over the previous 12 hours.
The Company delayed reporting preliminary top-line analyses from the two Phase III trials due to diary data entry inconsistencies. To evaluate whether these inconsistencies were sufficient to represent a systematic error that could affect the outcome of the analyses, the Company engaged an expert external consultant to conduct an audit of the electronic diary database. The study audit found that the electronic diary system functioned correctly and the diary data entered by the patients were correct. The inconsistencies noted earlier were primarily human errors that were corrected and did not alter the study outcomes.
About Seasonal Allergic Rhinitis
Seasonal allergic rhinitis, otherwise known as hay fever, is an allergic reaction to airborne substances such as pollen that get into the upper respiratory passages and cause the body to produce antibodies and release histamine. Histamine makes the upper respiratory membranes swell and produce typical allergy symptoms such as sneezing, runny nose and nasal congestion. In the U.S., approximately 50 million people suffer from seasonal allergic rhinitis, with related healthcare costs exceeding $7 billion annually. Ragweed is the single most common seasonal allergen, affecting up to 75% of those with seasonal allergic rhinitis, or 30 million Americans. Current treatment options are mainly limited to symptomatic therapies to provide temporary relief and conventional allergy immunotherapy by injection.
About PreHistin
PreHistin is a sublingual lozenge that delivers its active ingredient through the buccal membrane directly into the bloodstream. The active ingredient, cyanocobalamin, has a well-known safety profile and has been shown in studies to relieve symptoms related to seasonal allergies, asthma and other atopic allergic diseases. PreHistin may represent a novel approach to treatment by rectifying imbalances in the immune system that trigger the over-production of allergy symptom-causing substances including histamines. By preventing or reducing the over-production of these substances before they are released from cells, the need to block the symptom-causing effects of histamine may be eliminated, or minimized. PreHistin is patented for the treatment of atopic allergic diseases such as seasonal and perennial allergies, dermatitis, migraine, food allergies and asthma.
About Cobalis Corp.
Cobalis Corp. is a specialty pharmaceutical development company specializing in medications to prevent and treat atopic disease, including allergies, migraine headache, atopic asthma and dermatitis. Its flagship drug candidate PreHistin is an allergy medication in Phase III clinical development. For further information, visit www.cobalis.com
Safe Harbor Statement: This press release contains forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the "Act"). Cobalis disclaims any intent or obligation to update these forward-looking statements, and claims the protection of the Safe Harbor for forward-looking statements contained in the Act. Examples of such statements include, but are not limited to, any statements relating to the timing, scope or expected outcome of the Company's clinical development of its drug candidates, the potential benefits of the Company's drug candidates and the size of the potential market for the Company's products. Such statements are based on management's current expectations, but actual results may differ materially due to various factors. Such statements involve risks and uncertainties, including, but not limited to, those risks and uncertainties relating to securing funding for ongoing operations including clinical trials, difficulties or delays in development, testing, regulatory approval, production and marketing of the Company's drug candidates, unexpected adverse side effects or inadequate therapeutic efficacy of the Company's drug candidates that could slow or prevent product approval or market acceptance (including the risk that current and past results of clinical trials are not necessarily indicative of future results of clinical trials), the development of competing products by our competitors; uncertainties related to the Company's dependence on third parties and partners; and those risks described in our SEC filings and annual report on Form 10-KSB filed with the SEC on July 14, 2006.
Source: Cobalis Corp.
----------------------------------------------
Investor Relations International
Haris Tajyar
818-382-9702
htajyar@irintl.com
RXPC - Rx Processing Corp. Cancels July Stock Dividend 2007
(this is an example of pinkies that are shorted pre divvy imo)
Jul 6, 2007 8:57:00 AM
2007 PrimeNewswire, Inc.
WILMINGTON, Del., July 6, 2007 (PRIME NEWSWIRE) -- Rx Processing Corporation (Pink Sheets:RXPC), a source of low-cost prescription medications and diagnostic laboratory tests for millions of Americans, announces the board of directors cancels the July stock dividend announced June 19th 2007.
Rx Processing Corp., with the board of directors, today moved to cancel the July stock dividend as to continue the evaluation on the severity of our operational issues in furtherance of the overall mission.
Chairman Peter Fiorillo stated, "I have been left with no choice but to cancel this stock dividend to further my (our) mission to service the under and uninsured due to financial and technology issues along with the complete erosion of our share price."
Rx Processing Corp., an innovator in the distribution of pharmaceutical medications and laboratory diagnostics managed through storefront locations, is deploying a direct to consumer delivery business model that fulfills the needs of under and uninsured clients' health care needs. The company provides access to FDA approved brand-name and generic medications, thousands of laboratory diagnostics with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 48 million United States citizens would benefit from these company programs.
Safe Harbor Statement:
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e. operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
CONTACT: Rx Processing Corporation
Peter Fiorillo
(866) 616-9724
http://www.rxprocessingcorp.com
CLXS - Collexis Holdings, Inc. Announces OTC Listing
Jul 3, 2007 8:49:00 AM
Common Stock to be Traded Under CLXS Symbol
COLUMBIA, SC, July 3 /CNW/ - Leading developer of search and knowledge discovery software, Collexis Holdings, Inc. announced today that Collexis's shares of common stock are eligible for trading on the OTC Bulletin Board (OTC Bulletin Board: CLXS). Its ticker symbol is CLXS.
Bill Kirkland, CEO Collexis Holdings Inc., said, "As we continue to expand our global operations, this listing signals the beginning of a new era of growth for Collexis, coupled with new opportunities for investors to grow with us. We believe this offering will enhance our visibility and provide greater access to institutional and retail investors while we focus on profitably growing our business."
Co-founder and Collexis B.V. CEO., Peter Van Praag, stated, "It is truly exciting for me to see the company I founded seven years ago now has a worldwide presence and has become a publicly traded company. As the US operation is in full swing, we are looking forward to the future growth of Collexis."
Collexis Holdings, Inc.
Collexis Holdings, Inc., a global knowledge discovery company since 1999, is headquartered in Columbia, South Carolina (USA) with two subsidiaries; Collexis Inc. in Columbia, South Carolina, USA and Collexis, B.V. in Geldermalsen, The Netherlands. Collexis patented technology builds conceptual profiles of text, called Fingerprints, from documents, websites, e-mails and other digitized content to create applications. The results are often described as 'finding needles in many haystacks'. Through this novel approach, Collexis can build unique applications to search, index, and aggregate information as well as prioritize, trend and predict data based on sources in multiple fields, without the limitations of language or dialect. The company's mission is to develop software supporting knowledge retrieval and discovery across multiple industries. Collexis shares of common stock are traded under the symbol CLXS on the OTC Bulletin Board (OTC Bulletin Board: CLXS). For more information visit www.collexis.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
----------------------------------------------
Media: Darrell W. Gunter of Collexis Holdings
Inc.
(803) 727-1113
gunter@Collexis.com
Web Site: http://www.collexis.com/
SSGY - South Sea Energy Announces New Trading Symbol
Jul 2, 2007 9:00:00 AM
HOUSTON, TX -- (MARKETWIRE) -- 07/02/07 -- South Sea Energy Corp. (OTCBB: SSGY), formerly Henley Ventures, Inc. (OTCBB: HNVN) ("South Sea" or the "Company"), wishes to announce that at opening of trading on July 2nd, 2007, the Company will trade on the NASD's Over-the-Counter Bulletin Board ("OTCBB") under the symbol SSGY.
Details regarding the symbol change will be submitted to the Securities and Exchange Commission ("SEC") as part of the Company's Form 8-K filing dated July 2, 2007.
About South Sea Energy Corp. (Formerly Henley Ventures, Inc.) (OTCBB: SSGY)
South Sea Energy Corp. ("South Sea") is an emerging junior energy company specializing in the exploration and development of coal bed methane in Indonesia's vast coal reserves. The Company is led by industry-leading coal bed methane experts that have extensive experience in developing junior oil and gas companies and have identified significant opportunities that position the Company as a potential front-runner in the country's burgeoning unconventional gas sector.
Forward-Looking Statements
Except for statements of historical fact, the information presented herein may contain forward-looking statements. 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. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which South Sea Energy Corp., Henley Ventures, Inc., or any affiliates, has little or no control.
On Behalf of the Board
South Sea Energy Corp.
-------------------------
Alan T. Charuk, President
Investor Relations Contact:
Great Northwest Investor Relations, Inc.
1-888-697-4712
BQTG ...nice news,
June 28, 2007 - 6:30 AM EDT
BioQuest Technologies Board of Directors to Retire 250 Million Shares of Common Stock
Retired Stock Would Dramatically Reduce the Number of Outstanding Shares and Increase Shareholder Value
and yesterday
Sherwin-Williams and BioQuest Technologies to Create a Private Label Antimicrobial Paint for the Lynd Company
WATCH/ACCUMULATION ALERT:::: Thank me now, pay me later. All credit welcome.
BCON. Must hold the one buck range. See charts. Especially 5 year. As fall nears this one is overdue for a nice run. Not a one day 4million percent gainer. BUt a nice place to make some money
SATC::::: Again. See charts. Poised to be a nice play. Definetly in an accumulation phase. Have fun boys and girls.
RLLC - Real Logic, Inc. Announces Trading
Jun 27, 2007 1:47:00 PM
PALM BEACH, Fla., June 27 /PRNewswire-FirstCall/ -- Real Logic Inc. (OTC: Bulletin Board: RLLC) issued a statement today. "We announce that Real Logic, Inc. has been cleared for trading of its quoted stock on June 22, 2007," states Brad Tolley, CEO of Real Logic, Inc.
About Real Logic
Real Logic, Inc., through subsidiaries, is developing alternative transportation vehicles for resort, neighborhood, utility, and recreational uses worldwide. Depending on how they are outfitted, the vehicles may be used for neighborhood transportation; four-wheel-drive, off-road safari; resort; security patrol; construction; and farm utility purposes. For more information, please visit http://www.reallogic.net.
Forward - Looking Statements
This news release may contain forward-looking statements under the provisions of the Private Securities Litigation Act of 1995, as amended, that are subject to inherent risks or uncertainties. These risks and uncertainties are described from time to time in the annual, quarterly and other periodic reports filed by the company with the Securities and Exchange Commission. For additional information about risks and uncertainties and a discussion of Real Logic's financial statements and footnotes, see documents filed by Real Logic with the SEC, and all periodic filings made with the SEC. Real Logic assumes no obligation and expressly disclaims any duty to update any forward-looking statement to reflect events or circumstances after the date of this news release or to reflect the occurrence of subsequent events.
Brad Tolley
Real Logic, Inc.
340 Royal Poinciana Way Suite 326B
Palm Beach, FL 33480
561-833-9808 Phone
561-655-5548 Fax
http://www.reallogic.net
info@reallogic.net
SOURCE Real Logic Inc.
----------------------------------------------
Brad Tolley of Real Logic Inc.
phone
+1-561-833-9808
fax
+1-561-655-5548
info@reallogic.net
re: GKSY
PR out and on the bottom
Investor Relations
1-866-THE-APPL(E)
I will pass.
GVHL (shell up 26900% lol) - Global Vision Majority Shareholder Announces That It Has Signed An Agreement To Sell The Controlling Interest
SAN DIEGO, CA, Jan. 29 /PRNewswire/ - Global Vision Holdings, Inc. (Pink Sheets: GVHL), a Nevada company, announced today that its CEO, Mr. Jack Chang, the majority shareholder, is in the process of transferring the majority of his equity position of GVHL to an undisclosed purchaser. This deal has been in the works for months and the two sides have reached a decision on various operational matters. Mr. Chang will maintain minority equity in the surviving company and will be actively involved in the business and marketing strategies and activities of ATM Business.
World Market
Global Vision's CEO, Jack Chang, who is the co-inventor of the ATM, said, 'The purchaser is well financed, has demonstrated revenue and is in a strong position to expand its market share internationally. International market expansion is where I can lend a tremendous help since I have been working on the international front for the last two and half years. We see this as a win-win position for all concerned and especially our shareholders who have been anticipating this transaction for a very long time.'
About Global Vision Holdings
Global Vision Holdings, Inc. (Pink Sheets: GVHL), the business developer and wholesale marketer (with agents worldwide), offers advanced payment systems products & services (for banked as well as un-banked people) that include:
- Prepaid Debit Cards - For end users, groups & co-branding issuers
- Credit & debit card processing outsourcing - for financial
institutions
- Design, program management & outsourcing of 'Transaction Acquiring
Networks' for banking, as well as retail (bill payments & prepaid
top-ups), transaction switching & processing.
Global Vision's revenue model strives to create both initial and recurring revenue streams from a global customer base through mass distribution marketing channels.
Mr. Chang is also a pioneer in the use of magnetic strips on bank cards, electronic funds transfer systems and PC-based in-bank systems.
He has been CEO of payment services corporations and business and marketing strategist for Global 500 banks & corporations.
Mr. Chang is the co-inventor of the ATM machine. For details, please see: http://www.Global-Vision.com/Bio.asp .
Legal Notice Regarding Forward-Looking Statements: 'Forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. Global Vision disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions.
SOURCE Global Vision Holdings, Inc.
Source: PR Newswire (January 29, 2007 - 2:35 PM EST)
News by QuoteMedia
www.quotemedia.com
NSIH - Netspace International Holdings Completes Reverse Merger
Jun 25, 2007 10:58:00 AM
AVENTURA, FL -- (MARKETWIRE) -- 06/25/07 -- Netspace International Holdings, Inc. (Netspace) (PINKSHEETS: NSIH), a provider of web design and custom internet marketing services, announced today that it has completed its reverse merger. Under the company's new share structure, there are approximately 60 million shares of issued and outstanding stock.
Netspace, headquartered in Aventura, Florida, offers clients a wide array of critical services designed to transform their website into a highly effective, integrated marketing tool. The Company has franchises operating in a number of the country's largest markets, which allows for excellent customer service and the delivery of marketing products supported by state-of-the-art, best-of-breed technologies. With over 10 years experience and expertise, Netspace focuses on client ROI and sets marketing goals specific to its customer needs.
Netspace is lead by Neil B. Swartz, CEO, and Christopher Arthmann, COO, two seasoned business professionals with management and technology sector experience. The Company urges investors to visit www.netspace.com for additional information on its corporate management team and detailed information on its entire suite of web design and internet marketing solutions. Additionally, the investor relations section includes the ability for investors to receive e-mail alerts on all press releases and corporate announcements issued by the Company.
"Today is an exciting day in the history of Netspace. Our transition to a public entity will afford us the opportunity to expand our successful business model, while introducing the Netspace brand to a significantly broader investor base. The reverse merger will position Netspace as the largest company of its kind to be traded on a public exchange," commented, Neil B. Swartz, CEO. Mr. Swartz continued, "Our goal is straightforward and simple -- to provide the most comprehensive marketing tools for our clients while increasing shareholder value on a consistent basis."
Christopher Arthmann, COO of Netspace, stated, "We view this merger as the next logical step in expanding our presence in the web development and internet marketing arena. We believe our franchise growth model, dedication to customer service, customized products, and focus on technology make us distinctive and compelling to our targeted customers. We expect this will allow us to drive growth in revenue and expand the Netspace brand and operational reach."
ABOUT NETSPACE INTERNATIONAL HOLDINGS, INC.
Netspace International Holdings, Inc. delivers professionally crafted websites, customized online marketing solutions, e-commerce platforms, and the technology backbone to support superior web performance and reliability to Small and Medium-Sized Enterprises (SME). For additional information visit www.netspace.com
The foregoing press release may contain forward-looking statements, including statements regarding, among other things, about the expectation of Netspace International's future business. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment, and the Company's performance. In light of these risks and uncertainties there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate.
Contact:
David Sasso
Vice President - Investor Relations
305.931.4000 x 213
www.netspace.com
CYRR - Canary Resources Announces Private Equity Placement
Jun 25, 2007 9:35:00 AM
STILWELL, KS -- (MARKETWIRE) -- 06/25/07 -- Canary Resources Inc. (PINKSHEETS: CYRR) ("Canary") today announced that it has closed a $585,000 tranche of a private equity placement at a price of $0.40 per unit. Each unit comprises one share of common stock of Canary, plus one half of an A-Warrant, plus one half of a B-Warrant. Each whole A-Warrant entitles the holder to purchase one share of common stock of Canary for $1.00 if exercised within four years. Each whole B-Warrant entitles the holder to purchase one share of common stock of Canary for $1.50 if exercised within four years. In combination with Canary's recently announced joint venture Drilling Program with KC Clean Energy LLC, the additional capital will be used for development of coal-bed methane gas in the Eastern Forest City Basin of Kansas and Missouri.
Canary has also reached agreement with purchasers under the Securities Purchase Agreement dated July 22, 2005 regarding liabilities resulting from failure to satisfy certain obligations of the Securities Purchase Agreement. Canary has issued 4,559,225 common shares to the purchasers and paid $17,561.75 in cash in order to discharge liabilities of $1,841,250.60 and is no longer subject to liabilities under the Securities Purchase Agreement for any previous deficiencies. The issue price of the 4,559,225 common shares was equivalent to $0.40 per share.
As a result of the private placement and the issuance of shares to purchasers under the Securities Purchase Agreement, Canary's outstanding common stock has increased from 30,792,700 shares to 36,814,425 shares. Canary has outstanding 18,125,000 shares of Class A Convertible Preferred Stock which are convertible into common shares on a one-for-one basis.
Canary Resources Inc. is an independent Oil and Natural Gas Company engaged in the acquisition, exploitation, production and development of oil and natural gas properties in Johnson and Miami Counties, Kansas, and in Bates and Cass Counties, Missouri, for which it is the operator.
Portions of this document include "forward-looking statements," which may be understood as any statement other than a statement of historical fact. Forward-looking statements contained in this document are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential" and similar expressions. Actual results may vary materially from management's expectations and projections expressed in this document. Certain factors that can affect the Company's ability to achieve projected results include, among others, production variances from expectations, uncertainties about estimates of reserves, volatility of oil and gas prices, the need to develop and replace reserves, the substantial capital expenditures required to fund operations, environmental risks, drilling and operating risks, risks related to exploratory and development drilling, competition, government regulation and the ability of the Company to implement its business strategy. Copyright 2007. All rights reserved Canary Resources Inc.
Additional information on Canary Resources Inc. is available from:
investors@canaryresources.com
Or visit the Company's website at http://www.CanaryResources.com
SGLS - Signature Makes Special Announcement to Shareholders
Jun 25, 2007 8:05:00 AM
CASSELBERRY, FL and CHAMPLIN, MN -- (MARKETWIRE) -- 06/25/07 -- Signature Leisure, Inc. (OTCBB: SGLS) announced today that the company would soon be making a distribution of one of the Company's holdings in the form of a stock dividend of that holding to Signature Leisure, Inc. shareholders.
Signature's management is working to finalize details with a transfer agent in order to choose the date of record to be declared before announcing finalized information about the dividend. The dividend is not of Signature's own stock; rather it is a dividend distribution of an asset holding of another publicly traded company held by Signature.
Signature anticipates announcing in the near future a full 1 for 1 stock dividend rate, whereby investors will get one share of the dividend stock for every one share of Signature stock owned on the record date.
Stephen Carnes, President of Signature Leisure, Inc., stated, "I believe that a large number of Signature's shareholders have been very loyal. I feel that the upcoming dividend distribution will be one form in which Signature can attempt to reward such loyalty. I look forward to providing additional information regarding the dividend distribution as details get finalized."
About 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
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the company. Additionally, other risks include, but are not limited to, the company's ability to continue to develop operations, the company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the company's public announcements.
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
Email Contact
sheesh CYRR 25K @ .01 been going for .30 last was 300 shares .30 go figure.
I did flip this for 3 pennies (woop d'do)
but like this one and on watch still
PRGJ - PRG Group Announces First Quarter Revenues of 1.4 Million Dollars
Thursday June 21, 4:05 pm ET
PISCATAWAY, NJ--(MARKET WIRE)--Jun 21, 2007 -- PRG Group, Inc. (Other OTC:PRGJ.PK - News), a holding company for PRG Systems Inc. and Prime Communications Inc., is pleased to announce first quarter 2007 sales revenue of $1.4 million, an increase of $634,000 (83%) over Q1 2006 revenue of $764,000. Similar percentage increases are anticipated throughout 2007.
"The majority of sales this profitable quarter were in the healthcare and industry sectors, but PRG will also target small to medium scale businesses in the coming quarters," said Uma Pandey, PRG Group CEO.
"This is an exciting time for the company, and with each goal on the agenda, we will keep our shareholders informed of our progress and successes."
PRG Group will release a 2007-2008 forecast by early August.
About PRG Group, Inc.:
PRG Group, Inc. is a holding company for PRG Systems Inc. and Prime Communications that has lines of businesses in the following areas: Consulting, Managed Services, Equipment, Network Services and Research & Development. PRG Group subsidiaries provide leading edge business support processes, technology and software to companies seeking to improve their cost structure, productivity and system efficiency. PRG Group has been recognized as a leader in designing integrated solutions for small, medium and large businesses. PRG Group, Inc. is a Delaware based corporation, with offices in New Jersey.
For more information, visit http://www.prg-group.com
Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Such forward-looking statements are based on the current beliefs of management and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, such as: the level of business and consumer spending, the ability of the Company to continue to expand its operations, the level of costs incurred in expansion efforts, and economic conditions in the industry. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Contact:
Contact:
Tanya Davis
Tel: 866-400-2399
Email Contact
--------------------------------------------------------------------------------
Source: PRG Group, Inc.
CWDK - China Water and Drinks Inc. Completes $30 Million Private Placement
Jun 22, 2007 8:51:00 AM
SHENZHEN, China, June 7 /PRNewswire-FirstCall/ -- China Water and Drinks Inc. (OTC Bulletin Board: UGOD.OB) today announced that it had completed a $30 million private placement with investors led by Pinnacle China Fund, L.P.
China Water issued an aggregate of 4,477,612 shares of Series A Convertible Preferred Stock, which are automatically convertible into an aggregate of 22,388,060 shares of China Water's common stock upon the satisfaction of certain conditions. Effectively, the price per share for each share of common stock is $1.34 per share. Proceeds from the financing will be used to expand the production capacity of China Water's existing facilities and to potentially acquire quality bottled water producers in China.
According to a make good arrangement, Mr. Xu Hong Bin, the majority shareholder of China Water, agreed to put into escrow 22,388,060 shares of his common stock of which 11,194,030 shares will be transferred to the investors in the event that the after tax net income ("ATNI") of China Water for the year ended 2007 is less than $19 million. An additional 11,194,030 shares will be transferred by the majority shareholder to investors if (i) the ATNI for the year ended 2008 is less than $30 million or (ii) China Water's 2008 fully diluted EPS is less than $0.30. The ATNI figures were negotiated based on projected revenue estimates of $68 million for 2007 and $107 million for 2008. There can, however, be no assurance that China Water will achieve these ATNI targets or projected revenue estimates.
Mr. Xing Hua Chen, CEO of China Water, commented, "This financing is an important achievement for China Water. We are very pleased to have attracted new, high profile investors into the Company and look forward to a continued, productive relationship."
Results of operations
China Water had revenue of $35.7 million and net income of $8.8 million for the year ended 2006 as compared to $27.7 million and $7.0 million for the year ended 2005, respectively. The increase in revenue and net income for the year ended 2006 against 2005 are $8.0 million and $1.8 million, reflecting a growth rate of 25.3% and 25.7%, respectively. The growth in revenue and net income are mainly attributable to the surge in demand as a result of the growth of the Chinese bottled water market.
China Water achieved $6.2 million in revenue and $1.7 million in net income for the first quarter of 2007, reflecting a decrease of $1.1 million and $0.4 million as compared to the revenue and net income during same quarter in 2006. The decrease in revenue and net income was due to the impact of severe weather conditions on one of China Water's manufacturing facilities and postponement of orders by a significant customer from the first quarter of 2007 to second quarter of 2007.
Mr. Chen commented "Management believes that we are in a position to achieve approximately $14 million in revenue for the second quarter of 2007 (an approximate increase of 57% from the second quarter of 2006). We believe that the projected results for the second quarter will align with our growth targets for the full 2007 fiscal year."
About China Water and Drinks Inc.
China Water and Drinks Inc. is a leading producer and distributor of bottled water in China. Through its production facilities in Guangdong, Zhangjiang, Fexian and Changchun, China Water produces bottled waters ranged from 350 ml to 18.9 liters for local and international beverage brands including Coca-Cola and Uni-President. China Water also produces and distributes bottled water under its own brand name over 11 provinces in China.
Disclaimer Regarding "Forward-Looking Statements"
Certain of the statements set forth in this press release constitute "Forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. 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 "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may" "project," "plan," "will," "should," "could," "would," or words or expressions of similar meaning. Such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
SOURCE China Water and Drinks Inc.
----------------------------------------------
Danny Tsai
Investor Relations for China Water and Drinks Inc.
+1-949-528-2815
NCOC - National Coal Corp. Enters Stock Purchase Agreement with Alabama-Based Mining Company
Jun 22, 2007 8:51:00 AM
Copyright Business Wire 2007
KNOXVILLE, Tenn.--(BUSINESS WIRE)--
National Coal Corp. (Nasdaq:NCOC) today announces it has entered into a stock purchase agreement with the stockholders of Mann Steel Products, Inc. to acquire 100% of the stock of the company for $55 million. Mann Steel Products, which is based in Birmingham, Alabama, produces steam and industrial coal for the domestic market.
The transaction is subject to a number of conditions, including, but not limited to, completion by National Coal of its due diligence of the assets and properties to be acquired, National Coal obtaining financing to consummate the acquisition, approval of the transaction by National Coal Corp.'s Board of Directors, and receipt of required third party consents and approvals, including consents of National Coal's senior secured lender and bond holders. Accordingly, there can be no assurance that the acquisition will be completed.
National Coal's acquisition of Mann Steel Products is anticipated to close by the end of the third quarter. These newly acquired operations will add more than 1,000,000 tons of capacity to National Coal's existing annual production capacity of approximately 2,000,000 tons. Mann Steel currently has about 100 employees and produces about 1,000,000 tons.
"Mann Steel Products operates three surface mining facilities that are very well managed and have high quality coal reserves. This is precisely the kind of mining operation we have been seeking to enhance our future growth prospects," said Daniel Roling, President and CEO of National Coal. "Mann's management has maintained excellent relationships with its work force and customer base, and the facilities incur low production costs. If consummated, we look forward to these properties making a meaningful contribution to our operations."
About National Coal Corp.
Headquartered in Knoxville, Tenn., National Coal Corp., through its wholly-owned subsidiary, National Coal Corporation, is engaged in coal mining in East Tennessee and Southeastern Kentucky. Currently, National Coal employs about 230 people and produces coal from mines in Tennessee and in Kentucky. National Coal sells steam coal to electric utilities in the Southeastern United States. For more information visit www.nationalcoal.com.
Information About Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward looking statements in this news release include the closing of the acquisition transaction. Factors which could cause actual results to differ materially from these forward-looking statements include failure or difficulty in obtaining third party approvals, our ability to complete the acquisition transaction in a timely manner and the inability to raise the capital necessary to pay the purchase price. These and other risks are more fully described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: National Coal Corp.
----------------------------------------------
for National Coal Corp.
Christine Pietryla
865-690-6900
ext. 150
(Investor Relations)
AITX - Airtrax Signs 10 Year Sales and Distribution Agreement With Metalman Engineering Ltd. of Ireland
Jun 21, 2007 8:30:00 AM
BLACKWOOD, N.J., June 21 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX), a developer of patented Omni-Directional Technology with military and commercial applications, announced today that it has signed a 10 year sales and distribution agreement with Metalman Engineering Ltd. of Waterford, Ireland. The agreement grants Metalman Engineering the exclusive rights for the sale and distribution of Airtrax's SIDEWINDER(TM) and KING COBRA(TM) products throughout Ireland.
Metalman Engineering has 20 years of experience in Precast manufacturing, property development, waste development and engineering projects. Metalman has established a network of experienced material handling dealerships throughout Ireland. Carryduff Forklifts, an established forklift dealership with over 22 years of experience, will be the Northern Ireland regional distributor for Airtrax. Amiac LTD, based in Dublin, will operate in Northern Dublin and 10 surrounding counties. Fork Truck Services will operate in Southern Dublin and seven surrounding counties. Lift Truck Sales, based in Cork will cover four surrounding counties. Suirway Forklifts, based in Tipperary and with over 12 years of experience, will operate in four counties surrounding Tipperary.
Niall Griffin, director and principal of Metalman Engineering, stated, "We have just built a new production facility, showroom and offices based at the airport in Waterford, Ireland. This will be the showcase for Airtrax products including the SIDEWINDER and KING COBRA. We have a serious interest in the Airtrax products and anticipate strong nationwide demand and feel we will represent their products admirably."
Robert Watson, chief executive officer of Airtrax, stated, "Airtrax is fortunate to establish a relationship with a talented group of people that share our enthusiasm and commitment for Omni-Directional Technology. I am excited to work with Niall and his brother Padriag, and leverage their understanding of the industry and the strong fundamental base they have established in Ireland. Their new state-of-the-art facility is the ideal showcase for Airtrax products and the cornerstone of this new industrial complex that is owned and being developed by a division of Metalman Engineering. It was rewarding to see the Airtrax logo proudly displayed in this new facility. This is the start of a partnership that will explore all opportunities present in the Irish market and we feel that Ireland is the perfect starting point for future development."
Mr. Watson continued, "We remain committed to pursuing strategic partnerships and joint ventures that will enable Airtrax to better capitalize on the Company's technologies, lower cost of manufacturing, improving distribution channels and enhancing revenue growth. We anticipate receiving CE certification this month and plan to ship the first four SIDEWINDERS to Ireland in the first part of July."
About Metalman Engineering:
Metalman Engineering has 20 years of experience in Precast manufacturing, property development, waste development and engineering projects. Metalman Engineering Ltd. is a general engineering company, manufacturing and fabricating parts and steelwork to the customers' design in all types of metals and alloys such as mild steel, stainless steel and aluminum. Metalman Engineering was established in 1983 and is an international distributor.
For more information on Metalman Engineering, please visit http://www.metalmanengineering.com.
About Airtrax, Inc.:
A U.S.-based developer of Omni-Directional Technology, Airtrax designs and manufactures Omni-Directional Vehicles. The Airtrax patented wheel was designed and developed by Airtrax after receiving a technology transfer from the US Navy in the form of a Cooperative Research and Development Agreement (CRADA).
The SIDEWINDER(TM) Lift Truck, MP2 Equipment Handlers, and the KING COBRA(TM) 3368 Omni-Directional Aerial Work Platform (AWPs) are the first Omni-Directional vehicles using Omni-Directional technology and the patented Airtrax wheel to be commercially produced. The nearly maintenance-free drive system design reduces maintenance costs, delivering cost efficiencies to companies both large and small. The Airtrax patented Omni-Directional wheel is manufactured exclusively for Airtrax vehicles.
Airtrax has developed business partnerships, received orders, and shipped SIDEWINDER Lift Trucks to California, Wisconsin, Arkansas, Ohio, New Jersey, Kentucky, Florida, and Pennsylvania in the United States, and internationally to the United Kingdom, Japan, Spain, Panama, New Zealand, Canada, and South Africa.
For more information and to view a must-see product demonstration, visit www.airtrax.com or http://www.equityperformancegroup.com/clients_airtrax.php.
The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission. Customers of the SIDEWINDER mentioned in this release may own shares of Airtrax's stock or may own shares in the future.
For further information, contact:
At the Company: Investor Relations:
Airtrax The Equity Performance Group
Robert M. Watson, CEO Bethany Tomich
856-232-3000 617-723-1465
http://www.airtrax.com bethany@equityperfgp.com
http://www.equityperformancegroup.com
SOURCE Airtrax, Inc.
----------------------------------------------
Company
Robert M. Watson
CEO of Airtrax
+1-856-232-3000; or Investor Relations
Bethany Tomich of The Equity Performance Group
+1-617-723-1465
bethany@equityperfgp.com
well chu wanted me to change it, if I did it would be
burgerville. and dont call me fruitcake...lol
So, you fruitcake, why isn't it Mr Burgermeister's Page?
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