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Sarissa Details Plans for Initial Drilling
Date : 09/10/2008 @ 9:00AM
Source : MarketWire
Stock : Sarissa Resources, Inc. (SRSR)
Quote : 0.015 0.0 (0.00%) @ 7:08AM
Sarissa Details Plans for Initial Drilling
BAY CITY, MI -- (Marketwire) -- 09/10/08 -- Sarissa Resources, Inc. ("Sarissa") (PINKSHEETS: SRSR) is pleased to provide this update on progress on its Nemegosenda carbonatite property in Northern Ontario.
As previously reported Sarissa has mapped out the initial drilling plan for the main D Zone in order to test and confirm the historically reported deposit. Sarissa personnel will be meeting with representatives from the drilling company this week for a site inspection to review ground conditions, travel time and accommodations, and estimated mobilization costs in preparation for beginning the first phase of diamond drilling.
Once this and other preliminary issues have been addressed, the proposed drilling contract can be executed.
During the initial drilling phase of 8 to 12 holes, Sarissa will update shareholders as samples sent in for analysis are received back. With current access into the site, drilling can be conducted on a year round basis. The diamond drill program is designed to define a National Instrument ("NI") 43-101 compliant inferred mineral resource statement on the D Zone in 2008.
Over the summer Sarissa conducted the follow-up examination of the East Zone area that had seen an exploration program conducted in 1987 and 1988.
The prior work, conducted by Musto Explorations Ltd., included trenching, re-sampling of some of Gulf Minerals Canada Limited's old drill core, and an airborne geophysical survey. The East Zone area is easily accessed off of the existing road network on the property. For surveying control purposes a base station was established at the intersection of the East Zone access road and the eastern edge of Trench 5.
Three of the twelve trenches previously explored were located. During this phase a number of samples were collected and have been sent to Activation Laboratories for assay and analysis. The samples were tested by a hand held scintillometer prior to being delivered to the laboratory, and returned the following counts:
Scintillometer Counts per Second
Sample Number (CPS)
-------------------------------------------------------------------
TR-5-1 110
-------------------------------------------------------------------
TR-5-2 126
-------------------------------------------------------------------
TR-5-3 94
-------------------------------------------------------------------
TR-1-1 64
-------------------------------------------------------------------
TR-2-1 122
-------------------------------------------------------------------
As has been seen in Sarissa's re-analysis of the historical drill logs from the Gulf, there may be a correlation between niobium mineralization and indicated counts per second. The background reading in the areas sampled was approximately 35 cps. Readers are cautioned that scintillometer readings are not directly or uniformly related to grades of the rock samples measured and should be used only as a preliminary indication of the presence of radioactive materials. Sarissa uses scintillometer readings as a reliable guide for its continuing exploration program. For general comparisons of scintillometer cps readings vs. assay results, please review results posted at Sarissa's website comparing historical results.
Recommendations for the next phase in the East Zone include:
-- Cutting a grid over the East Zone area, zeroed on the established Base
Station described above, having a north/south base line orientation, with
cross lines at 50-meter intervals. Stations should be picketed every 25
metres.
-- Completing a total field magnetic ground survey and a radiometric survey over the East Zone grid.
-- Completing a geochemical survey over the East Zone Grid.
In July Sarissa completed the conditions for title to the Nemegosenda property to be transferred from the vendor. Full title now resides in a wholly owned subsidiary of Sarissa, 1208172 Ontario Limited. Management decided on this route for a number of reasons including: the ease of any potential future joint venture opportunities; ease of project specific financing, or other options; and to more easily recapture the Canadian GST taxes paid on project exploration and operation activities.
Sarissa has updated its information on the Pink Sheets site with the 1st quarter financial report. The 2nd quarter report should be available shortly.
Alan Hawke, a director of Sarissa, is a "qualified person" within the meaning of National Instrument 43-101 and has read and is responsible for the technical information contained in this news release.
These reported resources are historical in nature and, therefore, not compliant with National Instrument 43-101 reporting standards; however they are considered material to the prospectivity of the Nemegosenda Project. A "qualified person," as defined under NI-43-101, has not done sufficient work to comment on the relevance or reliability of these historical estimates. The company is not treating the historical estimate as, nor can the historical estimates be relied upon as, current mineral resources or reserves. Sarissa currently does not have access to more recent estimates or data relating to the Lake Nemegosenda property, except as outlined in this and previous news releases.
About Sarissa Resources
Sarissa Resources is a junior exploration company with interests in properties with base metal, precious metal, uranium, niobium and rare-earth prospects in Northern Ontario, Canada.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sarissa Resources, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION contact:
www.sarissaresources.com
and http://nemegosenda.sarissaresources.com/
Brass Bulls Investor Relations
Matthew Lovito
866-342-2700
www.brassbulls.com
Merle Goertz
604-688-2349
INCL News IN Control Security Inc. Announces Appointment of Director of Product Applications
Market Wire "US Press Releases "
BALTIMORE, MD -- (MARKET WIRE) -- 09/10/08 -- iN Control Security (iCS) (PINKSHEETS: INCL) announced today that David Blackshear has been appointed Director of Product Applications. Mr. Blackshear has extensive experience in management and new program development in both the public and private sectors and will utilize that knowledge in developing a varied number of applications to enhance security for a wide cross section of business, state and local government and residential customers.
"The company's emerging concepts should prove to offer new strategies for enlarging the number of entities that can benefit quickly and inexpensively in adding security elements," says Mr. Blackshear. "I believe that many small businesses, churches, schools, small airports, marinas, public agencies, individual residents and residential complexes have not had an opportunity to increase their security due to complexity and costs. I believe that many individuals and/or entities can utilize the expertise of iN Control Security to quickly define the strategies, equipment and installation requirements to utilize their own staff to make substantial security additions and I look forward to working closely with iN Control to develop and market special applications in these areas."
iN Control Security has been developing a security product delivery strategy with several U.S. and international companies that will revolutionize how security projects are quoted, delivered and installed.
Mr. Blackshear brings over 35 years of experience and is an active participant in the public sector development and business programs of the federal, state and local government. This has included service as Assistant Secretary of the Office of Aviation and Public Transportation of the Louisiana Department of Transportation and Development with responsibility for managing the State's interests in aviation, mass transit and rail transportation. In the aviation industry, Mr. Blackshear has served as Executive Director at general aviation and air carrier airports, including a large hub Category "X" air carrier airport with over 20 million annual passengers, a medium-hub facility with about 7 million passengers and a small hub airport with 2.5 million passengers. He has served in the private sector as the Business Development Director for the airport vertical market in North America for Johnson Controls, Inc. and was involved in security as well as other energy management programs. He has operated his own consulting firm, Applied Airport Technology, Inc., where he actively developed airport systems and master plans, airport operations, certification and security Manuals, environmental planning and specialized studies involving security related matters including access control systems, door locking systems and CCTV installations.
Mr. Blackshear holds a B.S. Degree in Industrial Technology and an Aviation Safety Certificate, University of Southern California, Los Angeles, California: Aviation Safety Program Management, Human Factors in Flight Safety Operations, Communications for Aviation Management, Legal Aspects of Aviation Safety and Aircraft Accident Investigation.
About Medical Institutional Services Holdings / iN Control Security (iCS)
iCS is a global systems builder and distributor of electronic security products which include Smart CCTV, Biometric Access Control, Wireless Intrusion Detection and Advanced Weapons Detection. Being the largest supplier of IQSIS (Intelligent, Quick, Secure Integrated Systems) to the Do-It-Yourself commercial and residential markets, iCS assures return on security system investments. Client security projects are less expensive, provide more coverage and are installed in just hours, not weeks.
The iCS Business Partner Program allows local security companies to capitalize on the company's vast process experience and deliver "Best in Class" electronic security systems to clients using the Titan iQuote System. And with direct warehouse access to over 3,800 products, the iCS EASY ORDER website brings a comprehensive security store providing anywhere-anytime shipping from two QUICK TURN 24-7 warehouses located in Los Angeles and Miami.
In short, iCS focuses on DIY and Quick Deploy Security Technologies. Headquartered in Baltimore, each iCS executive team member has a minimum of 18 years experience in security product design, manufacturing, systems integration and installation in commercial, government, military and residential markets. The firm's clear and simple mission is to deliver, service and support the best security technologies at the lowest cost. iCS puts the security buyer "iN Control."
Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Contacts:
M & M Investor Relations
Dominic Martinez
866-508-2092
http://www.mandminvestorrelations.com
dominic@mandminvestorrelations.com
frankie@mandminvestorrelations.com
MIHS/INCL, lets see if the company does a PR blitz after the name change PR which becomes official tomorrow..eom
Press Release Source: U Mining Resources Inc.
U Mining Resources Inc. Announces Partnership With a Strong Guinean Mining Company
Monday September 8, 8:30 am ET
NEW YORK, NY--(MARKET WIRE)--Sep 8, 2008 -- U Mining Resources Inc. (Other OTC:UMNG.PK - News) today informs its shareholders that the board of directors has been in constant negotiation and discussion regarding a takeover of UMNG by an established Guinean mining Company. This Company has exhibited serious interest regarding the proposal for a reverse merger with UMNG. The company with which the negotiations are taking place is a mineral exploration company with significant projects in three different sectors of the mining resource industry. It presently owns mining properties in exploitation and through regional, grass-roots generative exploration as well as new geological models, the Company has built a portfolio of 100% controlled projects focused on gold and diamonds.
ADVERTISEMENT
The strength of this Guinean Company and its partnership with U Mining Resources Inc. will be beneficial to all UMNG shareholders because the potential of their combined assets represents a powerful foundation.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
For additional information or investor relations please call:
U Mining Resources Inc.
(516) 762-0154
Source: U Mining Resources Inc.
Good Morning Spankers, expect some news on a couple of plays this week. GGLB, AVWI.
Good Morning Spankers....GGLB is ready to take off....last run was to about .004.
WGL Entertainment Holdings, Inc. Closes License Agreement With Zcom Networks, Inc., Announces Dividend
Date : 09/04/2008 @ 7:00AM
Source : MarketWire
Stock : WGL Entertainment Holdings, Inc. (WEHI)
Quote : 0.0001 0.0 (0.00%) @ 7:07AM
WGL Entertainment Holdings, Inc. Closes License Agreement With Zcom Networks, Inc., Announces Dividend
LAKE MARY, FL -- (Marketwire) -- 09/04/08 -- WGL Entertainment Holdings, Inc. (PINKSHEETS: WEHI) announced today that it has closed a broadcast license agreement with Zcom Networks, Inc. (PINKSHEETS: ZCMN) which will result in WGL receiving 15,000,000 shares of common stock of that company, which management will in turn distribute to all WGL Entertainment Holdings shareholders in the form of a dividend. Shares will be distributed on a pro rata basis; each WEHI shareholder of record as of the close of business on October 1, 2008 will receive approximately one share of ZCMN for every 500 shares of WEHI owned.
Zcom Networks (Zcom) targets early opportunity companies in Telecom, Media, and Technology that have potential to grow rapidly; limiting the risk associated with early stage start-ups. Opportunities may be enhanced through the identification, development and deployment of VOIP, IP and/or new technology paradigm shifts.
WGL Entertainment Holdings, Inc. (WGL) has signed a Broadcast License Agreement with Zcom, giving it non-exclusive broadcast rights to all WGL content, including the WGL Million Dollar Shootout. This content will be broadcast across Zcom's multi-media subsidiaries, including satellite broadcast transmission and across Zcom online content portals via its subsidiaries including Big Media USA (www.bigmediausa.com). Big Media USA offers a wide range of talk, music, and video and T.V. programming through a multimedia, interactive broadcast platform bringing together the Internet, traditional radio and satellite. In addition to the broadcast license agreement, WGL will work closely with Zcom Networks' CEO, Alex Parsinia, Ph.D., who is also a professor at the prestigious Pepperdine University. Dr. Parsinia will assist WGL with future mergers and acquisitions as his expertise is in International Business Affairs.
"This new partnership will bring many synergies to both companies not only in the media environment, but in the pursuit of further mergers and acquisitions. Dr. Parsinia brings a wealth of International business experience to the table and will be a tremendous asset to WGL Entertainment Holdings, Inc. and its shareholders," said Mike Pagnano, CEO, WGL Entertainment Holdings, Inc.
About WGL Entertainment Holdings, Inc.
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made-for-T.V. sports entertainment events scheduled to be produced in 2008 and beyond.
About Zcom Networks
Zcom Networks (Zcom) targets early opportunity companies in Telecom, Media, and Technology that have potential to grow rapidly, limiting the risk associated with early stage start-ups. Opportunities may be enhanced through the identification, development and deployment of VOIP, IP and/or new technology paradigm shifts.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For more information contact:
Michael Pagnano
WGL Entertainment Holdings, Inc.
1-407-833-7931
WGL Entertainment Holdings, Inc. Closes License Agreement With Zcom Networks, Inc., Announces Dividend
Date : 09/04/2008 @ 7:00AM
Source : MarketWire
Stock : WGL Entertainment Holdings, Inc. (WEHI)
Quote : 0.0001 0.0 (0.00%) @ 7:07AM
WGL Entertainment Holdings, Inc. Closes License Agreement With Zcom Networks, Inc., Announces Dividend
LAKE MARY, FL -- (Marketwire) -- 09/04/08 -- WGL Entertainment Holdings, Inc. (PINKSHEETS: WEHI) announced today that it has closed a broadcast license agreement with Zcom Networks, Inc. (PINKSHEETS: ZCMN) which will result in WGL receiving 15,000,000 shares of common stock of that company, which management will in turn distribute to all WGL Entertainment Holdings shareholders in the form of a dividend. Shares will be distributed on a pro rata basis; each WEHI shareholder of record as of the close of business on October 1, 2008 will receive approximately one share of ZCMN for every 500 shares of WEHI owned.
Zcom Networks (Zcom) targets early opportunity companies in Telecom, Media, and Technology that have potential to grow rapidly; limiting the risk associated with early stage start-ups. Opportunities may be enhanced through the identification, development and deployment of VOIP, IP and/or new technology paradigm shifts.
WGL Entertainment Holdings, Inc. (WGL) has signed a Broadcast License Agreement with Zcom, giving it non-exclusive broadcast rights to all WGL content, including the WGL Million Dollar Shootout. This content will be broadcast across Zcom's multi-media subsidiaries, including satellite broadcast transmission and across Zcom online content portals via its subsidiaries including Big Media USA (www.bigmediausa.com). Big Media USA offers a wide range of talk, music, and video and T.V. programming through a multimedia, interactive broadcast platform bringing together the Internet, traditional radio and satellite. In addition to the broadcast license agreement, WGL will work closely with Zcom Networks' CEO, Alex Parsinia, Ph.D., who is also a professor at the prestigious Pepperdine University. Dr. Parsinia will assist WGL with future mergers and acquisitions as his expertise is in International Business Affairs.
"This new partnership will bring many synergies to both companies not only in the media environment, but in the pursuit of further mergers and acquisitions. Dr. Parsinia brings a wealth of International business experience to the table and will be a tremendous asset to WGL Entertainment Holdings, Inc. and its shareholders," said Mike Pagnano, CEO, WGL Entertainment Holdings, Inc.
About WGL Entertainment Holdings, Inc.
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made-for-T.V. sports entertainment events scheduled to be produced in 2008 and beyond.
About Zcom Networks
Zcom Networks (Zcom) targets early opportunity companies in Telecom, Media, and Technology that have potential to grow rapidly, limiting the risk associated with early stage start-ups. Opportunities may be enhanced through the identification, development and deployment of VOIP, IP and/or new technology paradigm shifts.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For more information contact:
Michael Pagnano
WGL Entertainment Holdings, Inc.
1-407-833-7931
Bottombuster/Pincher play STKH~ (nice technical screener at stockhouse.com :)
ffgo Posted by: diamondguru-one Date: Tuesday, September 02, 2008 8:34:03 PM
In reply to: diamondguru-one who wrote msg# 49815 Post # of 49846
FFGO: from Alan Santini. Yes, all of the paperwork is on route to the TA. It was sent this morning. We had to wait for documentation from several third parties, hence the slight delay. They should balance by Friday, I hope! We requested a "Rush Job" on the cancellations. Alan.
shorts on vote south dakota http://www.financial-planning.com/asset/article/669821/channel/251/could-south-dakota-bring-end-short.html
ffgo OS
Posted by: cubs Date: Saturday, August 30, 2008 1:49:07 PM
In reply to: dirtbal3 who wrote msg# 49125 Post # of 49159
he said 27.9 OS...which is the same # listed
above in the I Box
Cubs
Good Morning Spankers. GGLB and RNVO going to go big.
http://investorshub.advfn.com/boards/board.aspx?board_id=13138
IF It Doesn't Make Money, Then It Doesn't Make Cents.
WEHI buy back already 506 million shares so far today
MLXO, LOI FOR A COMPANY WITH 5 Million IN REVS. 150 million 0/S 47 Million in the FLOAT. AND THE RM is for a OTCBB company. AT Least .03.
WGL Entertainment Holdings, Inc. Agrees to Dividend Deal
Date : 08/28/2008 @ 7:00AM
Source : MarketWire
Stock : WGL Entertainment Holdings, Inc. (WEHI)
Quote : 0.0001 0.0 (0.00%) @ 7:30AM
WGL Entertainment Holdings, Inc. Agrees to Dividend Deal
LAKE MARY, FL -- (Marketwire) -- 08/28/08 -- WGL Entertainment Holdings, Inc. (PINKSHEETS: WEHI) announced today that it has agreed in principal to distribute 15,000,000 shares of a publicly traded media company to its shareholders.
The shares represent approximately $100,000 at its current value. The media company whom we will identify upon closing will air the WGL Million Dollar Shootout (MDSO) reality television series through its International outlets and represent the MDSO in the U.S. market for a national network airing. At closing, which is expected by the end of next week, a record date will be set for the distribution of the shares.
"This new partnership will bring many synergies to both companies not only in the media environment, but in the pursuit of further mergers and acquisitions. The dividend being paid represents 13.3% of WGL Entertainment Holdings, Inc.'s current market capitalization," said Mike Pagnano, CEO, WGL Entertainment Holdings, Inc. "We continue to work very hard to bring value to our shareholders and appreciation of our PPS. This significant agreement is a Win-Win for all involved."
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made-for-T.V. sports entertainment events scheduled to be produced in 2008 and beyond.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For more information contact:
Michael Pagnano
WGL Entertainment Holdings, Inc.
1-407-833-7931
Press Release Source: Fortress Financial Group, Inc.
Fortress Financial Group, Inc. -- Increase in Value of Hunt Gold Corporation Investment
Wednesday August 27, 12:13 pm ET
Company Confirms Substantial Increase in the Value of Its Investments in Hunt Gold Corporation
NEW YORK, NY--(MARKET WIRE)--Aug 27, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that it has been advised by Hunt Gold Corporation that it is to pay a stock dividend to its stockholders and in the amount of US$0.0021 per share of Common Stock. This was announced by Hunt Gold Corporation on August 26, 2008 and was a result of the completion of the sale by Hunt Gold Corporation of its Molybdenum interests.
ADVERTISEMENT
Fortress Financial Group, Inc. holds a net direct and indirect holding in the amount of 1,849,848,460 shares of Hunt Gold Corporation Common Stock.
Based upon today's average trading price of Hunt Gold Corporation being in the amount of US$0.0047 per share and coupled with the stock dividend of US$0.0021 per share, Fortress Financial Group, Inc.'s stockholding in Hunt Gold Corporation is now valued at no less than the amount of US$12,578,970.
This equates to a value of US$0.00045 per share of Financial Group, Inc. Common Stock and this calculation is based upon the outstanding number of shares of Fortress Financial Group, Inc. Common Stock being in the amount of 27,922,377,817.
The value of this Company's interest in Hunt Gold Corporation Common Stock exceeds the current trading price of Fortress Financial Group, Inc. of US$0.0004 per share of Common Stock.
The Management of this Company is very aware that Hunt Gold Corporation remains very undervalued and is extremely confident that a far higher price will be achieved for this Company's stockholding in Hunt Gold Corporation, the sale proceeds of this Company's stock in Hunt Gold Corporation is to be distributed to its stockholders in full.
The Company remains in negotiations in respect of the sale of its 486,259,587 "free trading" shares of Hunt Gold Corporation Common Stock.
Management remains confident that these "free trading" shares held in Hunt Gold Corporation by this Company, will fetch a substantial premium to that Company's current stock price. The Company announced on August 19, 2008 that, should the Company obtain a price of US$0.03 per share for the "free trading" shares, that being at the last bid price for Hunt Gold Corporation, this will result in a cash injection of US$14,587,788. Should this be achieved; this will result in cash dividend for this Company's stockholders valued at US$0.00052 per share.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such a "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Contact:
Investor Insights
Dick Granieri
Gordon Otter
E Mail : Email Contact
Telephone : 1-800-530-3545
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961
Green Globe International, Inc. Announces Extension of Joint Venture With EC3 Global for Benchmarking and Certification ProgramHighlighted Links
Green Globe InternationalMURRIETA, CA--(Marketwire - August 27, 2008) - Green Globe International, Inc. (OTCBB: GGLB), which owns the Green Globe brand, the premier international green brand focused on sustainability and carbon neutrality programs, today announced the extension of an initial agreement with Earthcheck Pty Ltd ("EC3 Global") to collaborate on the expansion of the Green Globe benchmarking and certification program worldwide. Green Globe International and EC3 Global first entered into the agreement, in the form of a Memorandum of Understanding (MOU), in late May 2008.
The MOU expands EC3 Global's exclusive rights to deliver the Earthcheck technology as the platform for Green Globe benchmarking and certification from Asia Pacific to all territories worldwide. Under the MOU, Green Globe International will receive royalties from EC3 Global for benchmarking and certification applications sold by Green Globe International outside Asia Pacific. In addition, Green Globe International's bundle of communication services and its Sustainability and Carbon Neutrality Plan will now be available to all Green Globe clients in all countries.
EC3 Global (www.ec3global.com) is a wholly owned subsidiary of Australia's Sustainable Tourism Cooperative Research Centre (STCRC), the world's leading scientific institution delivering research to support the sustainability of travel and tourism. As the commercialization company for STCRC's intellectual property, EC3 Global manages the Green Globe benchmarking and certification program for Green Globe Asia Pacific Pty Ltd, a joint venture established to market the program in the Asia Pacific region.
"Green Globe International is pleased to extend its agreement with EC3 Global regarding the delivery of benchmarking and certification to all Green Globe clients worldwide," Steven R. Peacock, chief executive officer and managing director of Green Globe International, Inc. "Benchmarking and certification remains an important element of Green Globe International's comprehensive Sustainability and Carbon Neutrality Plans (SCNP) for tourism destinations. As we prepare for the signing of the first agreement to deliver such a program to a major tourism destination, we expect that our partnership with EC3 Global will result in the highest level of service for program participants."
The World Travel and Tourism Council (WTTC) established Green Globe in 1992 as a response to the United Nations Rio de Janeiro Earth Summit, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development. Green Globe is the only international sustainability program based on Agenda 21 principles.
Green Globe International (www.greenglobeint.com) encourages all shareholders and others interested in following the progress of the company to subscribe to receive email alerts whenever new information is made public. To subscribe, please visit http://www.greenglobeint.com/stayconnected/email/.
Green Globe Benchmarking and Certification
Brisbane-based EC3 Global, a leading international environmental and tourism advisory group, is wholly owned by the Sustainable Tourism Cooperative Research Centre (STCRC), the world's leading scientific institution delivering research to support the sustainability of travel and tourism. As the commercialization company for STCRC's intellectual property, EC3 Global provides the technology platform for the Green Globe benchmarking and certification program. For additional information on EC3 Global, please visit www.ec3global.com.
About Green Globe International, Inc.
Green Globe International, Inc. is the majority owner of Green Globe, Ltd., a British company that owns the Green Globe brand, the premier international brand for sustainable travel, tourism and related green businesses. The worldwide network of Green Globe program participants extends across 30 countries. For information on Green Globe's benchmarking and certification please visit http://www.ec3global.com/products-programs/green-globe/Default.aspx. For more information on Green Globe International, please visit www.greenglobeint.com.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Green Globe International, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
For Green Globe International, Inc.
A. Beyer
Tel: +01 951 677 8073
Email Contact
www.greenglobeint.com
Fortress Financial Group, Inc. - Outstanding Stock Confirmation
Date : 08/26/2008 @ 3:26PM
Source : MarketWire
Stock : Fortress Financial Group, Inc. (FFGO)
Quote : 0.0004 0.0 (0.00%) @ 3:02PM
Fortress Financial Group, Inc. - Outstanding Stock Confirmation
NEW YORK, NY -- (Marketwire) -- 08/26/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that the Company's total number of outstanding shares of Common Stock are in the amount of 27,922,377,817; as confirmed in a number of Form 8-K filings in respect of the Company's substantial repurchases of its shares of Common Stock, that being coupled with the cancellation of certain shares of the Company's Common Stock issued in respect of "Signing bonuses."
The Company is preparing all of the stock cancellation paperwork for submission to the Transfer Agent. The Company categorically states, confirms and undertakes that our number of outstanding shares as published by ourselves is indeed 100% accurate and correct. The Company expects that the Transfer Agent will be in a position to verify that our calculations are correct, by no later than early next week. The Transfer Agent is in no position to verify our number of outstanding shares of Common Stock until such time as they receive the all of the requisite paperwork and stock certificates, from ourselves, for immediate cancellation.
Alan Santini, the CEO of Fortress Financial Group, Inc., "confirmed that he clearly understood that this was a top priority for the Company at this time due to the imminent announcement of the Record Date of the Extraordinary Dividend." Alan Santini added "that he would ensure that the Transfer Agent was in possession of all cancellation requests within days."
Various stockholders who are required to file both Form 13(g) and Form 13(d) filings in respect of their stockholdings in the Company; have indicated that they will do so, upon confirmation from the Transfer Agent that our published outstanding shares of Common Stock are correct.
About Fortress Financial Group, Inc.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such a "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Investor Insights (Dick Granieri/Gordon Otter)
E Mail: Email Contact
Telephone: 1-800-530-3545
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961
LOL record date ticy tocy
Certs is a candy mint and a breath mint all in one.
Yes cash is king.
This new attack on shorts is gaining ground her is another one to consider. Price is .0001 Symbol WEHI
WGL Entertainment Holdings, Inc. Update
Date : 08/21/2008 @ 7:00AM
Source : MarketWire
Stock : WGL Entertainment Holdings, Inc. (WEHI)
Quote : 0.0001 0.0 (0.00%) @ 7:15AM
WGL Entertainment Holdings, Inc. Update
LAKE MARY, FL -- (Marketwire) -- 08/21/08 -- WGL Entertainment Holdings, Inc. (PINKSHEETS: WEHI) announced today that it is reviewing the merger agreement with Stemtronics and plans to close the deal no later than 9/5/08. Upon closing of the merger, the rule (3a10) $6 million raise will commence along with the retiring of 4.9 billion WEHI shares, leaving the reorganized company with approximately 100 million shares outstanding. In addition, WGL Entertainment Holdings, Inc. is planning to pay its shareholders a dividend, which will be announced in a separate press release very shortly.
Also, we have finalized our contract with Media International of Los Angeles, California to air the MDSO in eleven European countries on the America Unleashed network beginning in September.
"We are gaining very positive momentum and expect to realize substantial revenue gains over the next 12 months. Stemtronics incorporates a very exciting business model with significant revenue potential, while the MDSO brand continues to gain exposure worldwide and moves closer to a national network airing," said Mike Pagnano, CEO WGL Entertainment Holdings, Inc.
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL Million Dollar Shootout Reality Television Series and several other made for T.V. sports entertainment events scheduled to be produced in 2008 and beyond.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For more information contact:
Michael Pagnano
WGL Entertainment Holdings, Inc.
1-407-833-7931
The certs in the mail will be temporary because most will just run to brocker with them and Im sure it will just be one cert maybe if we get multiple certs could be more effective.
I think its still up to the cash divi but the big divi will be highly valuable to the shareholder so best of both in my opinion.
One way or another they will get the stock price to go up
Would you say they got the shorts surounded?FFGO
MEDT- .037
Mediatechnics Corp. Inks Deal to Purchase Global Music Group - New York, Winner of Death Row Records Label Valued at $32 Million
Tuesday August 26, 8:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Aug 26, 2008 -- Mediatechnics Corporation (Other OTC:MEDT.PK - News) has signed a letter of intent to purchase Global Music Group - New York (GMG-NY), the company that won the bid to acquire the assets of Death Row Records in the U.S. Bankruptcy Court in June of this year for $24 million. Mediatechnics intends to provide Global Music with the funds needed to complete the acquisition.
The landmark deal would give Mediatechnics Corp. ownership of Global Music Group, which will hold upon completion of the purchase -- free and clear of all liens, claims and encumbrances -- all of the assets that comprise Death Row Records, including Death Row's catalog of master recordings and published music, as well as all trademarks and other intellectual property, licenses, artist and writer agreements, works in progress, and options. An independent valuation of the bankruptcy estate completed last month placed the catalog value at $32 million.
The Death Row catalog includes a significant amount of previously unreleased material by the late Tupac "2Pac" Shakur and other top artists, as well as almost all of the previously released music of Dr. Dre and 2Pac. The 2Pac music has spawned great interest with the media since the possibility of its imminent release became news.
Founded in 1991 by Marion "Suge" Knight and Dr. Dre, Death Row Records established itself as one of the biggest labels at the forefront of the '90s gangsta rap music era, and, for all intents and purposes, defined the genre. The label was home to such artists as Dr. Dre, Snoop Dogg, Tha Dogg Pound as well as 2Pac.
By the early 2000s, Death Row was besieged with several crippling lawsuits and criminal convictions for founder Suge Knight. In April of 2006, Knight sought bankruptcy protection for himself and the label. On June 24 of this year, the U.S. Bankruptcy Court for the Central District of California approved the sale of Death Row to Global Music Group - New York for $24 million, and Global Music placed a deposit with the court.
Mediatechnics President Richard Wilson said, "The acquisition of Global Music and Death Row Records will represent a landmark turning point for our company. Together with our subsidiaries, the Live Network and CRD Technologies, the prospects of co-branding, licensing and new product development are astounding." He continued, "We're driving hard to lock in all of the complicated pieces of this puzzle necessary to successfully conclude this remarkable deal."
Susan Berg, President of Global Music Group - NY, said, "We are delighted by the prospects that this imminent transaction could bring to our two companies and believe the outcome, both financially and creatively, can be an incredible force." Berg qualified Global Music Group as a bidder with the Federal Bankruptcy Court prior to the auction in June, putting up more than one million dollars on deposit.
Mediatechnics' transaction remains contingent upon several factors, not the least of which is the closing of the financing and the subsequent payment to, and acceptance by, the Bankruptcy Court and its trustee. While many factors outside the control of Mediatechnics could yet affect whether or not the transaction is completed, the company is currently in possession of a Letter of Intent from a lender to fund the transaction, and has been informed by GMG-NY that it is likely that the purchase will be accepted when funds are proven and delivered.
Mediatechnics Corporation www.Mediatechnicscorporation.com is the parent company of Mediatechnics Systems Inc. www.Mediatechnics.com, MediaMaster Corporation www.mediamastercorp.com, The Live Network www.thelivenetwork.com, Innotech www.innotechusa.com, and CRD Technology www.crdtechnologies.com
Notes about forward-looking statements
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.
Certain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied.
Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "may," "should" and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date when they are made.
Contact:
CONTACT:
Investor Relations
(732) 475-2437
EMAIL: Email Contact
They are attacking the shorts on a broad front.
Name change and symbol change
cash dividend
Mailing certs
Uplist
Howard I got one for ya what do you think about the new company stock ,FFGO phoenix, being mailed ; does that not defacto cause a cert pull since all certs in new company would be held in hand . Therefore cannot be shorted. Would it not be to shareholder benifit to hold them in hand until at time owner of share wishes to sell, to prevent shorts from legaly shorting at least, and to that fact all divis are going to come in mail.what ya think? tx77
August 25, 2008 the Company has an amount of 27,922,377,817 shares of its Common Stock outstanding ffgo
Howard you are right buyback continues.thanks
Fortress Financial Group, Inc. -- Valuation of Extraordinary Dividend
Date : 08/25/2008 @ 1:40PM
Source : MarketWire
Stock : Fortress Financial Group, Inc. (FFGO)
Quote : 0.0004 0.0 (0.00%) @ 1:23PM
Fortress Financial Group, Inc. -- Valuation of Extraordinary Dividend
NEW YORK, NY -- (Marketwire) -- 08/25/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that the Company's interests in both the "Bouse" and "South Copperstone" interests are being sold for an amount of US$645,613,390.
This is being settled in shares of quoted Common Stock in a company to be known as Hurasu Resource Corporation. Full details of this transaction have been filed on a Form 8-K today.
The value of this Extraordinary Stock Dividend is in the amount of US$0.0231 per 1 (one) share of Fortress Financial Group, Inc. held at the "Record Date" to be announced.
The Company has imposed certain conditions upon Hurasu Resource Corporation to ensure that there will be no delays in the issue of this stock and the payment of this dividend to our stockholders. We are pleased to report that all of our conditions in respect hereof, have been met.
The Company is working with professional advisors whom will be coordinating the payment of these this Extraordinary Dividend. The Company in conjunction with its Advisors, will be announcing both the "Record Date" and the "Payment Date" of this Extraordinary Dividend, very shortly.
Hurasu Resource Corporation is purchasing all of the remaining stock in both the "Bouse" and "South Copperstone" companies, thereby settling long outstanding stock dividends due to stockholders of this Company. This will be an unrelated transaction to the Extraordinary Dividend and will not serve to delay the payment of this Extraordinary Dividend in any way whatsoever.
Based upon the significantly higher price obtained for your Company's interest in both "Bouse" and in "South Copperstone" and coupled with the purchase of all of the minority interests in these companies; the Company accepted this offer as being far more acceptable to our stockholders, than the deal with Goldco.
The Company is working on the sale of the Hunt Gold Corporation shares of Common Stock which if successful, will result in a second dividend, payable in cash.
The Company confirms that it is working with its CEO, Alan Santini, on the sale of various of the Company's subsidiary companies to Alan Santini's new Company in return for stock in his new Company. Once finalized, all of this stock held by your Company in Alan Santini's new Company will be distributed to stockholders as another Dividend.
Stockholders will be kept appraised as to all of the developments in respect of these additional two dividends.
About Fortress Financial Group, Inc.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such a "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Investor Insights
Dick Granieri/Gordon Otter
E Mail: Email Contact
Telephone: 1-800-530-3545
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Fortress Financial Group, Inc. / Wy - Current report filing (8-K)
Date : 08/25/2008 @ 12:10PM
Source : Edgar (US Regulatory)
Stock : Fortress Financial Group, Inc. / Wy (FFGO)
Quote : 0.0005 0.0001 (25.00%) @ 11:55AM
Fortress Financial Group, Inc. / Wy - Current report filing (8-K)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(D) of the Securities Exchange Act of 1934
Date of Report: (Date of earliest event reported): August 25, 2008
FORTRESS FINANCIAL GROUP, INC.
(Exact name of registrant as specified in charter)
Wyoming
(State or other Jurisdiction of Incorporation or Organization)
000-24262
(Commission File Number)
1903 60 th Place E,
Suite M2240
Bradenton, Florida 34203
91-1363905
(IRS Employer Identification No.)
(Address of Principal Executive Offices and zip code)
(954) 840-6961
(Registrant's telephone
number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01
OTHER EVENTS
On August 25, 2008 the Company has an amount of 27,922,377,817 shares of its Common Stock outstanding following the cancellation of "Signing Bonuses and stock repurchases by the Company.
The Company will ensure that all of these shares of its Common Stock repurchased; are cancelled by the Transfer Agent in due course. The Company will ensure that all of these shares of the Common Stock are cancelled with the Transfer Agent prior to the "Record Date" of its Extraordinary Dividend being payable to its stockholders.
The Company will receive an amount of US$645,613,390 in Hurasu shares of Common Stock; all to be distributed to its stockholders as an Extraordinary Dividend.
Based upon the number of outstanding shares as at August 25, 2008; the value of this Extraordinary Dividend is valued at US$0.231 per 1 (one) share of Fortress Financial Group, Inc.
A detailed calculation is set out below.
CALCULATION OF THE VALUE OF THE EXTRAORDINARY DIVIDEND:-
As at August 25, 2008, an amount of 510,537,026 shares of Bouse Mining Holdings plc (hereinafter referred to as "Bouse") were held by Western Diversified Mining Resources, Inc. (hereinafter referred to as "Western"); a wholly owned subsidiary of Fortress Financial Group, Inc.
As of August 25, 2008, the Company entered into a binding Heads of Agreement to dispose their entire shareholding in Bouse; to a quoted Gold Mining & Exploration Company (hereinafter referred to as "Hurasu"). This is to be settled through the issue of restricted Shares of Common Stock in Hurasu.
Hurasu will be paying US$0.76 for every 1 (one) Ordinary Share in Bouse.
The Company will receive an amount of US$388,008,140 in shares of Hurasu Common Stock in respect of its sale of its entire stockholding Bouse to Hurasu. The Hurasu shares will be priced at US$10.00 (ten dollars) each for the purposes of this calculation.
An amount of 1,030,421,001 shares of Copperstone Mining Holdings plc (hereinafter referred to as "Copperstone") are held by Western as at August 25, 2008.
As of August 25, 2008, the Company entered into a binding Heads of Agreement to dispose their entire shareholding in Copperstone; to a quoted Gold Mining & Exploration Company (hereinafter referred to as "Hurasu"). This is to be settled through the issue of restricted Shares of Common Stock in Hurasu.
Hurasu will be paying US$0.25 for every 1 (one) Ordinary Share in Copperstone.
The Company will receive an amount of US$257,602,250 in shares of Hurasu Common Stock in respect of its sale of its entire stockholding Bouse to Hurasu.
The Hurasu shares will be priced at US$10.00 (ten dollars) each for the purposes of this calculation.
Hurasu is currently trading under a different name at this time and is undergoing a change of name and Trading Symbol to that of Hurasu Resource Corporation following their recent acquisition of the "Bonanza" and "Santa Clara" Gold Mining & Exploration properties.
2
Hurasu has three detachment fault properties, those being "Bonanza", "North Rawhide" and "Santa Clara" which are on the same trend as both "Bouse" and "South Copperstone".
The Board of Directors of the Company has resolved to distribute all of these shares of Hurasu Common Stock to its stockholders as an Extraordinary Dividend. The Company is at this time working with professional Advisors to co-ordinate the payment of this Extraordinary Dividend of the Company's shares of Hurasu Common Stock to stockholders. The Company will set a "Record Date" and a "Pay Date" in respect of this Extraordinary Dividend very shortly.
PURCHASE OF MINORITY STOCKHOLDER INTERESTS IN "BOUSE" AND IN "SOUTH COPPERSTONE" BY "HURASU":-
Hurasu has agreed to purchase the balance of the stock in "Bouse" and "South Copperstone" held by minority stockholders at the same price per share as set out above.
Stockholders of Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) who were stockholders of Record on November 7, 2006 received stock in Bouse Mining Holdings plc. Hurasu is purchasing their shares in Bouse at a price of US$0.76 for every 1 (one) share held.
Stockholders of Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) who were stockholders of Record on December 2, 2005 received stock in Copperstone Mining Holdings plc. Hurasu is purchasing their shares in Bouse at a price of US$0.25 for every 1 (one) share held.
These purchases of the balance of the stockholdings will be transacted on a separate date from the Extraordinary Dividend to Fortress Financial Group, Inc.
stockholders as set out in this filing.
Upon the completion of these transactions, both "Bouse" and "South Copperstone" will be wholly owned by Hurasu.
TERMINATION OF AGREEMENT WITH GOLDCO:-
The Company has formally terminated its discussions and its Heads of Agreement with Goldco.
BACKGROUND ON "BOUSE" AND "SOUTH COPPERSTONE":-
"Bouse" and "South Copperstone" are both located in gold-rich La Paz County, Arizona, and represent a class of deposits known as detachment fault deposits. This type of deposit is prevalent on both sides of the Colorado River in both Arizona and California, and mineable resource is typically in the 500,000 ounces to 5 million ounces gold range, with a grade of .05 to .2 ounces of gold per ton.
The detachment fault type of deposit was first recognized in the 1980’s with the discovery of the Copperstone gold deposit, from which Cyprus Minerals mined 500,000 ounces of gold by open pit. Another mining company is presently exploring the remaining underground resource (which is believed to exceed 400,000 ounces) and is assessing feasibility of reopening the mine. The nearby Mesquite deposit, located in Imperial County, California, is also viewed as a detachment fault deposit. Mesquite is several times the size of the Copperstone Deposit and was mined for many years by Newmont; Mesquite is presently operated by Western Goldfields.
The South Copperstone property is a large contiguous claim block immediately south of the Copperstone Mine. Past drilling has identified gold in quartz latite, as well as a geophysical anomaly in the center of the South Copperstone Claim block. Further geophysical (including magnetic) work is planned to develop future drill targets.
The Bouse property was previously explored by Homestake Gold (now part of Barrick), which found gold mineralization throughout the property. Drill data is available for approximately 80 Homestake drill holes. Previous work by another mining company identified a 500,000 ton resource along two high angle faults that were not extensively drilled by Homestake. Exploration plans include integration of results from the previous exploration and new geophysical (including magnetic) work to identify additional drill targets, particularly along the high angle structures, with a view toward increasing the resource.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a)
Financial Statements of Business Acquired.
Not Applicable
(b)
Pro Forma Financial Information.
Not Applicable
(c)
Exhibits
None.
GGLB news
Monday, August 25 2008 11:01 AM, ES
Green Globe International, Inc. Attends Certification Summit
Market Wire "US Press Releases "
MURRIETA, CA -- (MARKET WIRE) -- 08/25/08 -- Green Globe International, Inc. (OTCBB: GGLB), which owns the Green Globe brand, the premier international green brand focused on sustainability and carbon neutrality programs, today announced that Chief Operating Officer Bradley Cox has attended a summit titled "Certification Programs of the Americas and their position at a global level" held from August 21-22 in San Jose, Costa Rica.
Mr. Cox attended the event as the representative of Green Globe International, which has been invited to collaborate with the Sustainable Tourism Stewardship Council (STSC), a global accreditation body for sustainable tourism and ecotourism certification programs.
The Rainforest Alliance (www.rainforest-alliance.org), which has provided technical and administrative support for the STSC initiative since 2001, conducted a comprehensive 18-month feasibility study to investigate the need for such an institution, determine its scope and develop an implementation plan. Then representatives of numerous organizations provided input on all aspects of research, design and implementation of the business plan for the institution. For more detailed information on the Sustainable Tourism Stewardship Council, please visit www.stscouncil.org.
The Green Globe program has been associated with the STSC since its inception, beginning with its participation on its initial steering committee almost a decade ago. Major international organizations, including the United Nations Environment Programme, the United Nations Foundation, and the United Nations World Tourism Organization (UNWTO), of which Green Globe International recently announced its affiliate membership, are among the supporters of the STSC initiative.
"Green Globe has been the premier 3rd party certification program for the tourism industry, and as the owner of the brand worldwide, Green Globe International looks forward to participating with the STSC," commented Mr. Cox. "Green Globe International will continue to advocate for the most stringent accreditation process possible in order to maintain the credibility of global tourism certification programs worldwide."
After attending the event in Costa Rica, Mr. Cox traveled to the United States to meet with officers and directors of Green Globe International.
"Management is preparing for what we believe will be the signing of the first initial agreement for Green Globe International's comprehensive Sustainability and Carbon Neutrality Plans (SCNP) for tourism destinations, and Mr. Cox will play an important role in the strategic planning process," stated Steven R. Peacock, chief executive officer and managing director of Green Globe International, Inc. "We also expect to meet with additional potential corporate partners who wish to align themselves with the Green Globe brand, and we expect to report any developments that result from these meetings as soon as possible."
The World Travel and Tourism Council (WTTC) established Green Globe in 1992 as a response to the United Nations Rio de Janeiro Earth Summit, where 182 Heads of State endorsed the Agenda 21 principles of Sustainable Development. Green Globe is the only international sustainability program based on Agenda 21 principles.
Green Globe International (www.greenglobeint.com) encourages all shareholders and others interested in following the progress of the company to subscribe to receive email alerts whenever new information is made public. To subscribe, please visit http://www.greenglobeint.com/stayconnected/email/.
About the Tourism Organization (UNWTO/OMT)
The World Tourism Organization (UNWTO/OMT) is a specialized agency of the United Nations and the leading international organization in the field of tourism. It serves as a global forum for tourism policy issues and a practical source of tourism know-how.
UNWTO plays a central and decisive role in promoting the development of responsible, sustainable and universally accessible tourism, paying particular attention to the interests of developing countries.
The Organization encourages the implementation of the Global Code of Ethics for Tourism, with a view to ensuring that member countries, tourist destinations and businesses maximize the positive economic, social and cultural effects of tourism and fully reap its benefits, while minimizing its negative social and environmental impacts.
Its membership includes 157 countries and territories and more than 300 Affiliate Members representing the private sector, educational institutions, tourism associations and local tourism authorities.
Direct actions that strengthen and support the efforts of National Tourism Administrations are carried out by UNWTO's regional representatives (Africa, the Americas, East Asia and the Pacific, Europe, the Middle East and South Asia) based at the Headquarters in Madrid.
UNWTO is committed to the United Nations Millennium Development Goals, geared toward reducing poverty and fostering sustainable development.
About Green Globe International, Inc.
Green Globe International, Inc. is the majority owner of Green Globe, Ltd., a British company that owns the Green Globe brand, the premier international brand for sustainable travel, tourism and related green businesses. Green Globe's worldwide network extends across 30 countries. For information on Green Globe's benchmarking and certification please visit http://www.ec3global.com/products-programs/green-globe/Default.aspx. For more information on Green Globe International, please visit www.greenglobeint.com.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Green Globe International, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
For Green Globe International, Inc.
A. Beyer
Tel: +01 951 677 8073
Email Contact
www.greenglobeint.com
Bottom Spankers Board
http://investorshub.advfn.com/boards/board.aspx?board_id=13138
Fortress Financial Group, Inc. - 30% Increase in Dividend Value
NEW YORK, NY -- (Marketwire) -- 08/25/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it has accepted a substantially higher bid for its "Bouse" and its "South Copperstone" Gold assets. The buyer will be paying a 30% higher price than that offered by Goldco.
Buyer will be buying out the minority stockholders in both "Bouse" and "South Copperstone" Gold Projects in addition to acquisition of the Company's stake in these two projects. Goldco had not committed to buying these minorities stockholders; hence our acceptance of this new offer.
Goldco is unwilling to match this offer and is therefore no longer an issue. The new buyer is very willing to accept the large amount of new stockholders brought about by this transaction with Fortress and with the minority stockholders in both the "Bouse" and in the "South Copperstone" Gold Projects.
The Buyer will be settling these acquisitions through an issue of their own stock; quoted in the USA. The buyer owns two very substantial Gold Mining Projects which border the "Bouse" Gold Mining Project and are on the same trend.
This will not delay the payments of the Extraordinary Dividend; which has now been increased by 30% in value. The Company expects to be in a position to confirm the "Record Date" of this Extraordinary Dividend, within days.
The Company will be issuing a very detailed Announcement; complete with the filing of a Form 8-K in respect hereof late today.
About Fortress Financial Group, Inc.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such a "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Investor Insights
Dick Granieri/Gordon Otter
E Mail: Email Contact
Telephone: 1-800-530-3545
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Posted by: goforthebet Date: Monday, August 25, 2008 8:08:57 AM
In reply to: None Post # of 19092
e-mail from Mr. Waight, Belize, 24th of August, 2008
Von: Joseph Waight <josephwaight@yahoo.com>
An: xxxxxxxxxxxxxxxxyahoo.de>
Gesendet: Sonntag, den 24. August 2008, 21:13:07 Uhr
Betreff: Re: AW: Blue diamond Ventures land purchase
Dear Ms xxxxxxxxx
The survey of the property has since been completed and the Sale Agreement has been resubmitted to the Cabinet for final approval.
Kind Regards
Joseph Waight
BCND
Bullish per StockTA.com
http://www.stockta.com/cgi-bin/analysis.pl?symb=BCND&num1=11&cobrand=&mode=stock
Illegal Short Sellers May Face RICO Indictments
by: R.J. Chopin posted on: July 29, 2008 Font Size: PrintEmail RICO, Racketeering Influenced Corruption Organizations Act, the law Rudy Guiliani used to bring down Michael Milken, and other Wall Street crooks, could be revisited in the SEC's struggle to clean up Wall Street's growing threat to the financial markets.
The SEC's crackdown against illegal naked short selling and rumor-mongering resulted in more than 50 hedge funds being slapped with subpoenas last week, according to the Wall Street Journal. Conspiracy theorist and CEO of Overstock.com (OSTK), Patrick Byrne, has embarked on a crusade to expose the nefarious hedge funds that practice illegal short selling. Byrne's web site, Deep Capture.com, has compiled a plethora of facts documenting, names, dates, times and videos of the players and their schemes.
Mark Mitchell, of DeepCapture.com, believes there exist a "hedge fund-orchestrated campaign to cover-up the crime of naked short selling." Depending on how deep the SEC probes, and what insidious facts they discover, we could see hedge fund managers, traders, and other employees facing scandalous, unprecedented charges under the infamous racketeering law, RICO. There is growing pressure for whistle-blowers to sound off or risk becoming the next scapegoat.
Clusterstock.com, reported, "the SEC is demanding both trading records and email correspondences" from subpoenaed firms. The inclusion of cell phone and text messaging records will undoubtedly be scrutinized. Concurrently, the NYSE Regulation Inc. is also investigating how some of its largest firms comply with false and misleading rumors that could undermine a stock's price. This is going to intensify.
Motley Fool, published an article on March 24, 2008, titled "The Naked Truth on Illegal Shorting," in which 100% of a company's shares were purchased by one individual, and were not available for shorting. Nevertheless, 60 million phantom shares were traded, according to owner. Subsequently, he filed a SEC 13-D compliant form.
Dick Fuld, CEO of Lehman Brothers (LEH), told market regulators that he has information that short-selling hedge funds colluded to bring down Bear Sterns (BSC). If Fulds's "information" is of evidentiary value, these hedge fund managers, and their cast of cohorts, could find themselves behind bars.
If the SEC diligently investigates the facts, we could see RICO indictments against illegal short sellers as early as Labor Day. Anyone charged under the RICO statue, even if they are found "not guilty," will become permanently damaged.
After observing the demise of Fannie Mae (FNM), and Freddie Mac (FRE) last week, it is expedient that the SEC move quickly to abolish the practice of naked short selling for all stocks. Short selling should only be allowed after the short seller has successfully borrowed the shares. The practice of selling shares that cannot be borrowed is a crime!
Discloser: No long or short positions in LEH, FNM or FRE.
http://seekingalpha.com/article/87653-illegal-short-sellers-may-face-rico-indictments
Welcome to the Bottom Spankers board
This board is for bottom plays. Stocks that have bottomed out and are ripe for rapid price improvement.
Useful Links:
Stock Charts- http://stockcharts.com/charts/
Stock Chart Scans- http://stockcharts.com/def/servlet/SC.scan
Incredible Charts- http://www.incrediblecharts.com/technical/candlesticks.php
Chart Patterns- http://chartpatterns.com/
Pink Sheets- http://www.pinksheets.com/pink/index.jsp
Secretary of States- http://www.coordinatedlegal.com/SecretaryOfState.html
15-12g filings- http://www.1512g.com/
Marketwire- http://www.marketwire.com/
PR newswire- http://www.prnewswire.com/
Business Wire- http://www.businesswire.com/portal/site/home/index.jsp?front_door=true
Stock Promoters- http://stockpromoters.com/Default.asp
Reg/Sho- http://www.nasdaqtrader.com/aspx/regsho.aspx
American Bulls- http://www.americanbulls.com/
Reverse Merger Report- http://reversemerger.dealflowmedia.com/
Chapter 11 Library- http://www.chapter11blog.com/
Risk Metrics Tool- http://www.nasdaq.com/services/riskMetrics.stm
Naked Short Selling:
Sanity Check- http://www.thesanitycheck.com
The Faulking Truth- http://www.thefaulkingtruth.com/
Investigate the SEC.com- http://www.investigatethesec.com/drupal-5.5/
CFRN- http://www.cfrn.net/investigates/
Business Jive- http://www.businessjive.com/
A Must Listen- Bennett on NSS- www.cnbc.com/id/15840232
Interactive Brokers- http://individuals.interactivebrokers.com/en/main.php
A Must Read on NSS and DTCC- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31376960
Stock Diluters Run Quick:
Yorkville Investments(Cornell Capital- YA)- http://www.yorkvilleadvisors.com/
LaJolla Cove(Golden Gate Investors- GGI)- http://www.ljcinvestors.com/
Dutchess Capital- http://www.dutchessadvisors.com/home.php
VFinance Investments- http://www.vfinance.com/
Top 25 PIPE Investors- http://www.streetinsider.com/Press+Releases/PrivateRaise+Releases+2008+Q1-Q2+PIPE+League+Tables%3B+Large+Companies+Turn+to+PIPEs+as+Small-cap+Activity+Drops/3878594.html
Hedge Funds- http://www.vfinance.com/hedge/hedge.asp?toolpage=hedgefunds_list.asp
Rules of the board:
This is a Basher Free board- No Bashing period
No Personal Attacks
No Vulgarity-
Please Provide links to all DD for all to share
Bottom Spankers- First Play 8/05/08
TCLT- .0001 Closing PPS 9/11/08 .0001 EVEN
http://www.techalt.com/index.html
http://investorshub.advfn.com/boards/board.aspx?board_id=7901
Bottom Spankers- 2nd play 8/05/08
ANVH- .03 Closing PPS 9/11/08 .115 Up 283% SOLD 1/4th at .15 UP 400% riding rest free
http://www.anviron.com/
http://investorshub.advfn.com/boards/board.aspx?board_id=8607
ANVH DD Link- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31421959
Wallsreet.com on ANVH- http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31471281
Bottom Spankers 3rd play 8/06/08
CLXN- .0004 Closing PPS 9/11/08 .0002 -50%
http://investorshub.advfn.com/boards/board.asp?board_id=3387
Bottom Spankers 4th Play 8/08/08
AVWI- .0004 Closing PPS 9/11/08 .0003 -25%
http://www.actionviewinternational.com
http://investorshub.advfn.com/boards/board.asp?board_id=8933
Bottom Spankers 5th Play 8/08/08
GGLB- .0008 Closing PPS 9/11/08 .0008 EVEN
http://investorshub.advfn.com/boards/board.asp?board_id=4113
Bottom Spankers 6th Play 8/28/08
FFGO- .0003 Closing PPS 9/11/08 .0002 -33%
http://investorshub.advfn.com/boards/board.aspx?board_id=3111
Disclaimer: None of the information posted on this site is to be construed as financial or investment advice. This information is not to be construed as an offer to buy or sell any security mentioned on this board. The creator of this board is not a licensed broker or financial advisor of any kind. The information on this site is gathered from sources available to the public. As consideration in using this board, all users agree, understand, and acknowledge the creator of the board is not liable or responsible for the accuracy or use of the information provided on this site and agree to indemnify and hold the creator of this board harmless from any liability resulting from the accuracy or inaccuracy of the information and from use of the information on this board.
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