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GXXL - brilliant part of this distribution is not the value of the distribution as it is tough to quantify right now.
Rather it brings out the naked shorts who will be forced to cover. Watch what happens when this goes over a penny. The naked shorts who felt they never would have to cover, will start thinking - "geez what happens if this does go to .25. We're talking serious bankruptcy issues for many of the naked boiler room outfits."
yep, GXXL certainly a breather inthis week's shit market
how high will it go in your opinion?
GXXL - watch out once it breaks that penny level.
GXXL: 3 PRs today!! Last one is a share distribution. This thing may gap in morning. So much positive news out about this company. May finally be getting noticed.
http://www.knobias.com/individual/public/news.htm?eid=3.1.ce2aa7072c6fc363a1accc0c2ebb0dc883fb55ef8a...
ATNG News:
FENTON, Mich., Jun 30, 2004 (BUSINESS WIRE) -- ATNG Inc. (OTCBB:ATNG) announced
today that Blue Kiwi has selected Allied Printing and Mailing of Fenton, MI to
be their advertising agency for direct marketing projects as well as re-design
and management of the Blue Kiwi Inc. website. Work has already begun on updating
the current website and planning for a complete redesign. Allied will be
performing a critical review of all printed materials, including product labels,
for look and feel and recommend appropriate changes to enhance the brand and
product positioning in the marketplace. Allied will also manage two large direct
mail programs slated for late 3rd Quarter and the 4th Quarter of this year.
George Singer, President-CEO of Blue Kiwi Inc., said that "I have been looking
at Allied's work and significant reach across most marketing disciplines for
several months and it is quite pleasing to be able to select a company that
produces such high caliber work that is right in our back yard. We have already
started projects that will meet our Strategic Business Plan and we are looking
forward to working with everyone at Allied."
ABOUT ATNG
ATNG has several strategic alliances of profitable or soon to be profitable
companies in the works. The ATNG web site provides a communication link to those
interested in our progress.
Web site: www.atnginfo.com Contact information: ir@atnginfo.com
Certain statements in this news release may contain forward-looking information
within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934 and are subject to the safe harbor
created by those rules. All statements, other than statements of fact, included
in this release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.
SOURCE: ATNG Inc.
CONTACT: ATNG Inc.
Robert Simpson, 810-714-2978
ir@atnginfo.com
Heads up TMAR up 56% on news
Trico Marine Services Announces Agreement With General Electric Capital Corporation
--------------------------------------------------------------------------------
Mon Jun 28 17:26:00 2004 EST
HOUSTON, Jun 28, 2004 /PRNewswire-FirstCall via COMTEX/ --
Trico Marine Services, Inc.
(Nasdaq: TMAR) today announced that the Company has reached an agreement with
General Electric Capital Corporation ("GECC") to provide $1.7 million in cash
in lieu of letters of credit to secure the payment and performance pursuant to
its master bareboat charter agreement with GECC dated September 30, 2002 (the
"Master Charter"). The Company became obligated to provide the additional
security when, on March 11, 2004, the Company's S&P corporate credit rating
was downgraded below the B-level. Under the Master Charter, the Company must
provide letters of credit within 30 days of receiving notice from GECC.
However, due to the Company's inability to provide the additional letters of
credit in a timely manner due to restrictions in other agreements, GECC agreed
to accept $1.7 million in cash deposits, plus forbearance fees. GECC also
agreed to forbear for six months from exercising its remedies under cross-
default provisions in the Master Charter related to the Company's failure to
pay interest due on its 8 7/8% senior notes due 2012.
Trico provides a broad range of marine support services to the oil and gas
industry, primarily in the Gulf of Mexico, the North Sea, Latin America, and
West Africa. The services provided by the Company's diversified fleet of
vessels include the marine transportation of drilling materials, supplies and
crews, and support for the construction, installation, maintenance and removal
of offshore facilities. Trico has principal offices in Houma, Louisiana, and
Houston, Texas. Please visit our website at http://www.tricomarine.com .
Certain statements in this press release that are not historical fact may
be "forward looking statements." Actual events may differ materially from
those projected in any forward-looking statement. There are a number of
important factors involving risks and uncertainties beyond the control of the
Company that could cause actual events to differ materially from those
expressed or implied by such statements. A description of risks and
uncertainties attendant to Trico Marine Services, Inc. and its industry and
other factors, which could affect the Company's financial results, are
included in the Company's Securities and Exchange Commission filings.
SOURCE Trico Marine Services, Inc.
Trico Marine Services, Inc., +1-713-780-9926
http://www.tricomarine.com
Copyright (C) 2004 PR Newswire. All rights reserved.
GXXL on the MOMO list guys :)
ITDJ - also..can anyone share their thoughts on this.....
when volume reaches levels as much as 4 times the daily (even yearly) average as this one did today (now heading back upwards)..can this alone be significant enough to beleive the stock has the strength to go through the first resistance levels in this case .002 or 0023? tia eom ;0) jm
ok its on my watch list for tomorrow..thanks!
ITDJ look'n pretty sweet on the chart and should be popp'n again tomorrow IMO (spiked down to low of .001 then closed up beautifully over yesterdays close)! next res: 002, 0023, 0028, 035 GLTA ;0) jm
U.S. Hands Power to Iraqis Two Days Early
4 minutes ago
By TAREK EL-TABLAWY, Associated Press Writer
BAGHDAD, Iraq - The temporary stewards of Iraq (news - web sites)'s future reclaimed their nation two days early, accepting limited power Monday from U.S. occupiers who wished them prosperity and handed them a staggering slate of problems — including a lethal insurgency the Americans admit they underestimated.
AP Photo
Reuters
Slideshow: Iraq
U.S. Transfers Power to Interim Iraqi Govt.
(AP Video)
Latest headlines:
· U.S. Hands Power to Iraqis Two Days Early
AP - 4 minutes ago
· Polls: U.S. Skeptical; Iraqis Pessimistic
AP - 9 minutes ago
· Father of Captive U.S. Marine in Iraq Urges Mercy
Reuters - 10 minutes ago
Special Coverage
With the passing of a sheaf of documents and a prime minister's oath on a red Quran, the land once ruled by Saddam Hussein (news - web sites) received official sovereignty from U.S. administrators in a secretive ceremony moved up to thwart insurgents' attempts at undermining the transfer.
"The Iraqi people have their country back," President Bush (news - web sites) said at a NATO (news - web sites) summit in Istanbul, Turkey.
On paper, the U.S.-led Coalition Provisional Authority granted power to Iraq's interim government at 10:26 a.m., 467 days after the U.S. invasion began. The reality is more complicated: Some 145,000 foreign forces — most of them American — remain in charge of keeping rebellion at bay.
The U.S. civilian authority, which rode in on a swift military victory that swept away Saddam's generation-long regime, withdrew quietly. Its leader, L. Paul Bremer, left Iraq aboard a military plane two hours after the transfer and was swiftly succeeded by U.S. Ambassador John Negroponte.
Hours later, NATO leaders agreed to help train Iraq's armed forces — a decision that fell short of U.S. hopes that the security alliance would take a larger role in Iraq.
There were no immediate reports of violence or threats linked to the power transfer, held in the heavily guarded Green Zone against a backdrop of Louis XIV furniture and a row of Iraqi flags — the same green-black-red banner that flew over the nation while Saddam was in power.
"Please let us not be afraid by those outlaws that are fighting Islam," interim Prime Minister Iyad Allawi said in his inaugural address. "Some of them have already gone to the fires of hell and others are waiting their turn."
Bush, whose Iraq policy has drawn criticism abroad and, more recently, at home, was passed a note from National Security (news - web sites) Adviser Condoleezza Rice (news - web sites) that put it this way: "Mr. President, Iraq is sovereign." Bush wrote "Let freedom reign!" on the note and passed it back, according to White House spokesman Scott McClellan.
On the streets of the Iraqi capital, there was no sign of unusual activity or celebratory gunfire.
Iraq's tentative step toward democratic rule will operate under major restrictions — some imposed at the behest of the country's influential Shiite Muslim clergy, which wanted to limit the powers of an unelected administration.
The interim government will hold power for seven months until, by U.N. Security Council resolution, elections are held "in no case later than" Jan. 31. The Americans retain responsibility for security.
"The political arm of our operation here has gone out of business. Certainly the military operation has not gone out of business," Brig. Gen. Mark Kimmitt, the coalition deputy operations chief, told AP Radio.
Though the government is unable to amend the interim constitution, it assumes responsibility for the daunting problems that have bedeviled U.S. occupiers for more than a year — public turbulence, a ruined infrastructure that has angered the citizenry and, most urgently, the accelerating and violent insurgency that has left hundreds dead. It must make initial attempts to stitch together a patchwork of ethnicities that Saddam pitted against each other — including Iraqi Kurds who had carved out a largely autonomous region in the north.
It also inherits responsibility for the fate of Saddam, the dictator-turned-prisoner whose harsh rule left tens of thousands dead. His brutality and Iraq's alleged terror links was one reason cited by Bush for the decision to invade.
Saddam will be transferred to the custody of his countrymen and will appear before an Iraqi judge in the "next few days" to face charges, officials said Monday. A military spokesman said he will remain in a U.S.-run jail because the Iraqi government lacks a suitable prison.
The months since his regime's demise have produced headache after headache for the U.S. government, even as it insists that slow, steady progress toward instituting democracy is under way.
As of Friday, 848 U.S. service members had died since military operations began last year, according to the Defense Department — 627 of them in hostile action. The number of Iraqi dead, officially unknown, is believed to be in the thousands.
On Friday, the Congressional Budget Office (news - web sites) estimated the cost of the war will probably be $55 billion to $60 billion if troop levels remain unchanged.
No weapons of mass destruction have been found — the chief reason cited by Bush for war. Bombs have ravaged Baghdad, claiming the top U.N. official in Iraq among their victims. Abductions are increasing, violence has spiked and videotaped beheadings have horrified the world.
On a video shown Sunday, insurgents threatened to behead a U.S. Marine and a Pakistani driver they had kidnapped unless the United States releases all Iraqis in "occupation jails." Three Turks (news - web sites) are also being held.
Most problematic for Washington has been the abuse of detainees by U.S. forces at Abu Ghraib prison outside Baghdad — a scandal brimming with details of sexual humiliation that has antagonized even Iraqis who support the U.S. occupation.
Some Iraqis said Monday's transfer meant little.
"The real date will be when the last American soldier leaves," Qassim al-Sabti, an art gallery owner, said after learning of the transfer. "Of course I feel I'm still occupied."
The Association of Muslim Scholars, an influential, year-old Sunni clerical organization that has criticized the occupation, said Monday's events "deceived the Iraqi people and the world."
"If the handover of authority had been accompanied by the withdrawal of the occupation troops, it would have been a proper handover and today would have been a day of festivities for all Iraqis to celebrate," Abdul Sattar Abdul Jabbar, a member of the association, said on Al-Jazeera television. "But what took place, as we've seen, is a formality."
The most recent U.S. occupations are cited, even by the countries occupied, as success stories. Japan, vanquished in World War II, emerged from American occupation as a budding economic powerhouse. The road for Germany was bumpier but is considered a similar triumph.
The transfer of sovereignty places Iraq's immediate future in the hands of two men with widely different styles and power bases: Allawi, a Shiite Muslim, physician and former Baath Party member with longtime ties to the State Department and CIA; and President Ghazi al-Yawer, a Sunni, American-educated engineer who lived for many years in Saudi Arabia and prefers traditional Arab dress.
"I will leave Iraq confident in its future," Bremer told them and fellow ministers at the handover ceremony.
Allawi lived for many years in London, while al-Yawer spent his time outside Iraq in the Arab world. Al-Yawer is seen as more in tune with Iraqi values and culture and has become widely popular as a champion of the Sunni minority. Although the presidency is largely ceremonial, many Iraqis expect al-Yawer to play an important role in public life.
Some world leaders expressed cautious enthusiasm at the developments. German Chancellor Gerhard Schroeder, an outspoken opponent of the U.S.-led invasion, sent congratulations and offered "trusting collaboration." Jordan's King Abdullah II praised a "landmark in history of Iraq."
Others said the event was a sham. "Occupation will wear a new dress," said Syrian political analyst Haitham Kilani.
Ali Hussein Ali, a retired teacher, held blue prayer beads as he played dominoes at a Baghdad cafe.
"People are afraid to express their happiness," Ali said. "When security prevails, Iraqis will be very happy. They will celebrate when the American troops leave and when they are no longer taking orders from the Americans."
AGRD good call captain, up 34% right now, was higher earlier
AGRD:
AuGRID Subsidiary Initiates Delivery of Gold's Gym Order
Monday June 28, 11:00 am ET
HOUSTON--(BUSINESS WIRE)--June 28, 2004--AuGRID Corporation (OTCBB:AGRD - News) announced today that its wholly owned subsidiary, Optipure LLC (www.opti-pure.com), has commenced shipment of 42" plasma screens to Z'Lektra Group, Inc. an operating subsidiary of Creative Gaming, Inc. (OTC Pink Sheet:CLPI) for a Gym TV private network in Gold's Gym locations in southeast Florida.
"The first 50 units of an open PO (purchase Order) for up to 500 units have been shipped," stated JC Gonzalez Director of Sales and Marketing for Optipure LLC. "Z'Lektra selected the Optipure monitors because we offer a high quality plasma screen product with higher contrast ratio, luminance and reliability then compatible units in the market today," added Gonzalez.
Gordon Scott Venters, President & CEO of MGCN was quoted as saying, "We are excited to have aligned ourselves with Z'Lektra and believe the Optipure plasma monitor product will transform GYM TV into a premium presentation for our advertisers to reach captive audiences in our health and fitness destinations."
AuGRID Corporation and its subsidiary, and Optipure, LLC, are technology based companies, specializing in the manufacturing, distribution and development of electronic and display devices, thermocouples, silicon carbide tools and nanoparticles technology.
Magic Media Networks, Inc. (MGCN) core business is the implementation of an independent digital display monitor network delivering national, regional, local and independent advertising content to high traffic locations through it's wholly owned subsidiary Bar TV(TM) Destination Television(TM).
FORWARD LOOKING STATEMENT: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding AuGRID Corporation in this release that are not historical in nature, particularly those that utilize terminology such as "may," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which AuGRID Corporation has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. Important factors known to AuGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AuGRID Corporation's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and AuGRID Corporation undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
--------------------------------------------------------------------------------
Contact:
AuGRID Corporation - Houston
Mary Horoszko, 713-532-2000
Website: http://www.AuGRIDcorp.com/
or
Equitilink, LLC
Andrew Arms, 877-788-1940
yep..u beat me to it by 6 seconds! good going!
Thanks! CDJJ added the the MOMO list my boy
DMDD News:
Diamond Discoveries International: Petrographic Report confirms Kimberlite on Torngat Property
Monday June 28, 9:15 am ET
VANCOUVER, British Columbia, June 28, 2004 (PRIMEZONE) -- Further to the press release dated April 19, 2004, which related to indicator mineral evaluation of dyke samples identifying the St. Pierre Dyke and Ned's Dyke as kimberlites, Diamond Discoveries International Corp. (OTC BB:DMDD.OB - News) has recently received a petrographic report from Al Millar, consulting petrologist for Millar and Associates, Ottawa, Ontario with respect to three selected samples, each from a different dyke located on the Torngat Property. This report definitively confirms the presence of kimberlite rock in the samples from Ned's Dyke and St. Pierre Dyke. Petrography is the microscopic description and identification of rocks and minerals. Several suspected pipes along Ned's Dyke and St. Pierre Dyke will be drilled during the 2004 field program in order to confirm the existence of kimberlite pipes and test for diamond content.
ADVERTISEMENT
Robert Dillman, B.Sc., DMDD's consulting geologist states, ``Al Millar's report is of great importance since it confirms the presence of kimberlite and establishes the Torngat region as one of only a handful of kimberlite fields in North America. In all the fields founds so far, there is one or more kimberlites with diamonds and each of the fields has at least one kimberlite with economic or near-economic diamond grades. Until now, the diamond exploration community is under the impression that the Torngat region has only aillikite (lamprophyre) dykes. Lamprophyre is hard to sell! Millar's report also suggests that the mantle nodules contained in the kimberlite are trending towards hartzburgite which is the preferred trend for diamond.''
DMDD is pleased about the confirmation of kimberlite occurrences on the property and will be focusing on these kimberlite dykes and associated suspected pipes. The Company will begin its 2004 exploration season which will commence in mid July.
ON BEHALF OF THE BOARD
"John Kowalchuk"
------------------
John Kowalchuk P.Geo., President & CEO
About Diamond Discoveries International Corp.
Diamond Discoveries International Corp. is an US exploration company with executive offices in Vancouver, B.C. Through its wholly owned subsidiary Diamond Discoveries (Canada) Inc. it controls certain mineral permits in the Torngat Mountains Peninsula, north-eastern Quebec. The Company is focused on exploring for diamonds. The Company has located more than 50 kimberlite dykes and several kimberlite pipes. This summer, they plan on actively sampling the targeted areas for diamonds both by bulk sampling and core drilling.
About Millar & Associates
Millar & Associates is a group of geologists who specialize in microscopic description of rocks and minerals. The group has an excellent reputation and is used by diamond exploration firms such as De Beers and Ashton Mining.
Forward-Looking Statement
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with U.S. securities regulatory authorities.
Contact:
Diamond Discoveries International
Mr. John Kowalchuk B.Sc. P.Geo., CEO
604-683-1368
Fax: 604-685-6905
T.F: 866-400-1368
jkowalchuk@shawcable.com
VRMD News out:
Vision Real Estate Management and Development Announces $8 Million Sale of Assets and Dividend
Monday June 28, 9:11 am ET
ALBANY, N.Y.--(BUSINESS WIRE)--June 28, 2004--Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD - News) today announces it has closed on the sale of 90% of its three real estate subsidiaries (Visions One Management Group, Inc., Capital District Property Investors, Inc., Future Capital Investments LLC) and 90% of its trucking subsidiary, DJ Transport, Inc. for a purchase price of $8,000,000 in the form of a secured five year promissory note from Nieves Management, Inc. of Albany, NY.
In addition, the remaining 10% of both the combined real estate companies and DJ Transport will be passed on to the shareholders of record, as of August 15, 2004, in the form of a stock dividend. For every one share of VRMD owned, shareholders will receive 2 shares of the combined real estate companies and 3 shares of DJ Transport.
"The sale of the above assets gives Vision Real Estate Management and Development, Inc. a book value of over $.07 per share," states Daniel J. Duffy, Vice President of VRMD.
"The sale of these assets is one of the final steps needed in order to close on the pending acquisition of MEM Financial Solutions, Inc., a $45 million mortgage company," stated Donovan Rhoden, President and CEO of Vision Real Estate Management and Development. "In the upcoming weeks, our shareholders can expect to see a vast array of changes, including a name change, symbol change and a change in the management structure of our company."
Forward-Looking Statements the private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.
--------------------------------------------------------------------------------
Contact:
Vision Real Estate Management and Development
Daniel J. Duffy, 518-438-8100 ex 303
Fax: 518-862-9247
I got no problem with stocks going up, I'm all about that. Would appreciate if you could post some reasons as to why the stock is moving up, that would help. Otherwise, I'll keep it on watch for tomorrow.
thanks
Has everone become discontented??? Can't catch a break?? I Know how you feel...
So much for feeling sorry for myself...
SEIH @ .025 is Picking up Vol... Good for at least .045+ within the next week or so... IMHO...
According to Fidonacci SEIH is good for .09, But I am not that optimist. So .045+ sounds like a Likely range to me!
I am in at .023... If it goes down again I will double up to lower my cost, Thats how comfortable I am That SEIH is going to move up...
So what do you think Captain???
If Anybodys got a better Idea, I'd like to hear it...
Date ___Open _High _Low _Close Volume Change Change %
06/25/04 0.023 0.027 0.021 0.025 619,200 0.007 38.889%
06/24/04 0.020 0.020 0.017 0.018 146,700 0.002 12.500%
06/23/04 0.017 0.023 0.015 0.016 95,600 0.004 -20.000%
06/22/04 0.021 0.021 0.015 0.020 1,069,500 – –
06/21/04 0.030 0.030 0.020 0.020 581,900 0.008 -28.571%
06/18/04 0.026 0.032 0.022 0.028 815,500 0.004 16.667%
06/17/04 0.023 0.028 0.023 0.024 458,300 0.001 -4.000%
06/16/04 0.030 0.034 0.025 0.025 679,400 – –
06/15/04 0.026 0.036 0.021 0.025 2,879,500 – –
06/14/04 0.050 0.050 0.025 0.025 883,400 0.013 -34.211%
06/10/04 0.035 0.040 0.030 0.038 579,100 0.002 -5.000%
06/09/04 0.035 0.045 0.030 0.040 513,100 0.002 5.263%
06/08/04 0.040 0.050 0.030 0.038 1,031,500 0.002 -5.000%
06/07/04 0.050 0.060 0.040 0.040 730,200 0.010 -20.000%
05/27/04 0.040 0.060 0.030 0.050 89,400 0.010 25.000%
05/26/04 0.040 0.040 0.030 0.040 326,300 0.005 14.286%
05/25/04 0.035 0.045 0.035 0.035 391,700 0.002 -5.405%
05/24/04 0.065 0.065 0.037 0.037 745,400 0.008 -17.778%
05/21/04 0.050 0.050 0.040 0.045 364,300 0.005 -10.000%
05/20/04 0.050 0.050 0.045 0.050 251,000 0.005 11.111%
05/19/04 0.050 0.060 0.045 0.045 668,700 0.005 -10.000%
05/18/04 0.050 0.060 0.050 0.050 155,700 – –
05/17/04 0.050 0.070 0.050 0.050 175,500 – –
POSC .105. HUGE POTENTIAL HERE CHINA - CANADA - EUROPE PETSCAN MARKET. Machines sold for 1.3 million each.
Closed up going away on HUGE VOLUME. Was up to .13 after deal announced for revenue producing sale of 13 million, beginning of new relationship and restructuring. Next stage PR is scheduled for 7/15/04.
This is a real company with a real business plan, fully filing, not a typical P&D penny.
HTBI: someone posted about this yesterday. More news
Hot Brands, Inc. Subsidiary, Enhanced Beverage Company Signs Management Agreement
Thursday June 24, 10:14 am ET
NAPERVILLE, Ill.--(BUSINESS WIRE)--June 24, 2004--Hot Brands, Inc. a publicly traded company (Pink Sheets:HTBI - News) announces its subsidiary; Enhanced Beverage Company, Inc. has entered into a management agreement with Independent Water Group, LLC as of May 15th 2004.
The mission of Enhanced Beverage Company is to specialize in the management, acquisition, re-capitalization, and reorganization of distressed or inactive beverage production and bottling companies and other related food-processing companies. Several potential acquisitions have been identified and negotiations are progressing.
Where as Enhanced Beverage Company, Inc. intends to operate the Business of Independent Water Group, LLC for an interim period. During this management period, Enhanced Beverage Company will manage the day-to-day operations of the business and shall direct, conduct and supervise its operations and maintenance activities during the management period. As well as market and sell products to distributors, consumers, and retailers. Obtain and renew all permits and approvals required from any governmental authority or agency, comply with all other similar laws and regulations relating to business operations. During the management period Enhanced Beverage Company agrees to provide and expend funds as needed for operation expenses for the production, delivery and sale of product.
Revenues for Enhanced Beverage Company will come from contract packing service, contracts in place, distribution of acquired brands, plus sales from the development and marketing of new exotic branded products.
Hot Brands, Inc.'s, entry into the $7.7 billion beverage industry through its wholly owned subsidiary, Enhance Beverage Company is unique considering the cost/value and the immediate revenue from the demand for alternative beverage solutions in the market place today.
Hot Brands, Inc. has been in negotiations for several months with potential candidates for key management positions, mass-merchandisers, as well as product development specialists.
Marc Fry, President and COO of Enhanced Beverage Company stated, "Our due-diligence and industry expertise tells us that we are entering into this opportunity, within the noncarbonated beverage industry, at a point where growth is beginning to accelerate."
Except for the historical information presented, the above statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 or regulations hereunder. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. These risks include the economic health of the restaurant and fast-food industries, competitive pricing pressures, completion of planned acquisitions and success at integrating and operating the acquired operations and the availability of necessary financing. These statements speak only as of above date, and Hot Brands, Inc. disclaims any intent or obligation to update them.
--------------------------------------------------------------------------------
Contact:
Hot Brands, Inc.
Clayton Smith
(971) 506-9156
didn't see it on the board today. my bad.
yep its on the list from yesterday
DFRC getting a lil bit of movement
ITFI News
ITFI NEWS: HOUSTON, Jun 25, 2004 /PRNEWSwire-FirstCall via COMTEX/ -- International Trust and Financial Systems, Inc. (ITFI, Trade) announced pursuant to Section 14(c) of the Securities Exchange Act of 1934, filed June 09, 2004 that the board of directors has recommended, and that a majority of shareholders intend to vote in favor of a resolution which will change corporate domicile from Florida to Nevada. International Trust and Financial Systems, Inc., a Florida Corporation, will merge into the newly formed Marmion Industries Corp., a Nevada Corporation. Following the merger, Marmion Industries Corp. will be the surviving entity.
International Trust and Financial Systems, Inc. CEO Bill Marmion commented: "The change of domicile is intended, among other things, to enable us to take advantage of a more favorable tax structure and the flexibility of corporate law in Nevada." Mr. Marmion continued, "We have chosen to change our state of incorporation in order to take advantage of several features of Nevada corporate law which are expected to help us reduce our taxes and to facilitate our corporate actions."
Corporations domiciled in Nevada do not pay a franchise tax or a corporate income tax. Florida imposes a corporate income tax at a rate of approximately 5.5 percent of the net Florida income.
Additionally, under Nevada law, unless otherwise provided in the articles of incorporation, a corporation that desires to change the number of shares of a class or series, if any, of its authorized stock by increasing or decreasing the number of authorized shares of the class or series may do so by a resolution adopted by the board of directors, without obtaining the approval of the shareholders.
Mr. Marmion added, "this is especially important to us, inasmuch as we will be able to change our authorized shares to more efficiently meet our current needs. Presently, we need to go to the time and expense of having a shareholders' meeting in order to change our authorized shares. We must be able to quickly deal with situations calling for us to modify our capital structure."
you got that right...PCCL being somewhat of an exception
Captain haddock, the last 3 days have been horrible...no major momo plays at all, most of these POS going up max 20% would you say?
VICI News
Victor Industries Enters Distribution Agreement for GSA
Friday June 25, 5:00 am ET
MISSOULA, Mont.--(BUSINESS WIRE)--June 25, 2004--Victor Industries (Pink Sheets:VICI - News) signs distributor agreement with Work Transition Services
Victor Industries signed a distributor agreement with Work Transition Services Inc. to distribute VICI's proprietary products to the Federal Government through GSA schedule. "WTS has the experience to help guide VICI into the process of distribution throughout the United States. This is a major asset to the company and allows us partnership with a company already conducting business with the General Service Administration," said Lana Pope, CFO Victor Industries. WTS also has experience in helping smaller companies make the transition to federal sales markets and will be able to help market VICI's products to customers already purchasing WTS products.
About Victor Industries. Victor Industries has a patent pending product that absorbs ammonia, before it degrades to nitrates, and phosphates and then releases these nutrients on plant demand. The long term goal is to absorb nitrates and phosphates from CAFO's (Concentrated Animal Feeding Operations) such as super dairies, pig and chicken farms. When the compound is saturated it would be "harvested" as a long lasting, non-leaching truly organic fertilizer/ soil amendment. Accomplishment of this goal would reduce the amount of pollution from two of the largest sources of nitrate and phosphate pollution, fertilizers and CAFO's. The Company has developed ENVIROLIZER(tm), which comes pre-charged with fertilizer as the fastest way to cash flow.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the Company and its operations are included on certain forms the Company files with the Securities and Exchange Commission.
CMKX potential MOMO watch!
PCCL has had a bit of a run, OIL-TSX is getting ready, Just a couple I'm watching
Nope. I think today the market is slow, didn't see anything worhty of being called a momentum play. I was away this morning, and right now am working on finding potential MOMO plays for the tomorrow and the week after.
It WAS a slow day today! Painfully so.
Shell
but if it picks up ill put it on my MOMO list
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