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$IDGC: ID Global Corporation Executes Definitive Agreement with World of Marihuana Productions LTD. in British Columbia
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, Oct. 20, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to announce that it has executed a definitive agreement with World of Marihuana Productions, LTD. (WMP) wherein IDGC will begin with a 7.5% income participation on all current and future operations.
WMP has projected revenues of $13.3 million US dollars for the year 2015 with a gross profit margin of over 60% and a year over year growth of 15% respectively.
Sebastien DuFort, president and CEO stated, "We are very pleased to officially partner with WMP and are excited to get to work right away on expanding their current operations. IDGC has an enormous opportunity here as Canada continues to decriminalize its marijuana laws."
About World of Marihuana Productions, LTD.
World of Marihuana Productions, LTD. (WMP) has been growing Medical Marijuana for over 5 years and currently owns and operates multiple grow operations throughout British Columbia. WMP has production capabilities to service thousands of clients with the ability to expand rapidly. Management's knowledge and expertise in the Marijuana industry has shown steady growth in their operations since inception. www.worldofmarihuana.com/
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well as controlling interests in established companies and special situation start-ups.
- Go IDGC
===============
$IDGC: ID Global Corporation Seeks Strategic Partnership with Verde Science, Inc.
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, Oct. 1, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to announce that it has signed a binding Memorandum of Understanding (MOU) with Verde Science, Inc. (OTCBB:VRCI), a Medical Marijuana Research and Development Company with particular expertise in Aeroponic Growing Systems, to begin due-diligence towards a joint venture (Exclusive or non-exclusive) whereby IDGC will provide assistance in raising capital, business advisory services and/or merger discussions.
Sebastien DuFort, president and CEO stated "As we continue to enter the medical marijuana industry, we feel it is important to seek out and partner with companies already operating in the space and we found that with Verde Science. We are anxious to begin our due-diligence period and ultimately form a mutually beneficial relationship."
About Verde Science, Inc.
Verde Science, Inc. (www.VerdeScienceInc.com) is focused on Medical Marijuana Research and Development, and providing advisory services, quality assurance, and aeroponic growing systems in the burgeoning Medical Marijuana industry to established, licensed growers throughout Canada.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
- Go IDGC
$IDGC: ID Global Corporation Retains Securities Counselors, Inc. as Corporate Counsel
Date : 07/22/2014 @ 1:58PM
Source : GlobeNewswire Inc.
Stock : Idglobal Corp. (PC) (IDGC)
ID Global Corp. (OTC:IDGC) is pleased to announce that it has retained Securities Counselors, Inc. (SCI), a law firm specializing in securities law, with a focus on OTC companies, to handle all corporate legal needs as well as to assist in asset recovery of current portfolio companies and help navigate the legal maze of the medical marijuana industry.
Sebastien DuFort, president and CEO, stated, "We have been working with SCI for some time and are pleased to officially bring them aboard as corporate counsel. We feel that their background in representing medical marijuana companies and their overall knowledge of OTC legal requirements will help us navigate this treacherous landscape of conflicting state and federal laws. We feel that the legal advice that we seek from SCI is imperative and critical, given the fact that while the use, distribution and growing of medical marijuana has been legalized by some states, federal law still prohibits these activities. Investors are cautioned that we are not in the medical marijuana industry at this time."
About Securities Counselors, Inc.
Securities Counselors, Inc. (SCI) is an established securities law firm specializing in advising public companies listed in the OTC market. The SCI attorneys are seasoned professionals comprising of over 70 years of practice in corporate law. SCI serves as corporate counsel for a number of public companies and provides expertise in transaction advisory, M&A negotiations, reverse mergers, corporate restructures and SEC filings.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, controlling interests in established companies as well as special situation start-ups.
- Go IDGC
$HPNN: Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
Date : 07/02/2014 @ 11:45AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
TEMECULA, CA--(Marketwired - Jul 2, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) operations in China have been boosted by the recent public acknowledgment by the Chinese government that patents owned by Microsoft are essential to devices using Android Operating System or Chrome. Hop-on is negotiating with OEMs of tablets, smartphones, televisions, set-top boxes, eReaders, portable navigation devices, and the like that can benefit from Hop-on's license agreement with Microsoft.
Hop-on has developed a standard program in which OEMs can take advantage of Hop-on's licenses to bring products into the US. There are hundreds of companies selling unlicensed products to Walmart, Costco, Target and other big box retailers. Essential patent holders have already worked to restrict imports from some OEMs that are in violation, but could find it much easier and effective to directly go after the US retail giants selling those unlicensed products.
With the cost of patent litigation skyrocketing into the many millions of dollars, Hop-on believes this program will save OEMs millions and avoid disruption of their current US sales. Hop-on will be able to quickly establish with Microsoft that royalties on imported products have been paid, allowing OEMs and their US retailers to avoid the risks of expensive and complicated litigation.
Peter Michaels, CEO of Hop-on, stated, "There are dozens of major OEMs selling unlicensed smartphones, tablets, eReaders, navigational devices, smart TVs and set top boxes into big box retailers that are violating Microsoft's patents on Android and Chrome. Essential patent holders have every right to seek legal recourse, and the US and European retailers are not immune. Those retailers are sitting on unlicensed products and receivables that can be subject to court orders to stop sales, have Customs prevent imports at the border, or even require the destruction of any products held."
The People's Republic of China Ministry of Commerce has issued Notice 24 of 2014 acknowledging Microsoft's ownership of patents covering many areas of the Android operating system, including exFAT, RDP, EAS, WiFi, and 3G/4G -related technologies. The Ministry of Commerce has acknowledged that those rights can be enforced in China. The original notice is available at www.mofcom.gov.cn/article/difang/henan/201404/20140400547823.shtml
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global OEM manufacturer of portable electronic devices, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. For more information, please visit www.hop-on.com
- Go HPNN
$DSCR: Discovery Provides Update on Hemp Seed, Files Quarterly Disclosure Statement
Date : 06/26/2014 @ 9:30AM
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
MARINA DEL REY, Calif., June 26, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC Pink: DSCR) (OTC: DSCR) has posted an informative new Bio-Fuel Flip Book at: discoveryholdingscorp.com/content/biofuels.
This interactive flipbook describes the challenges surrounding Bio-Fuel production, and illustrates how PlusWave Technology enhances Bio-Fuel production using hemp.
The Hemp seed has been prepped and loaded into the air seeder, and will be planted as soon as weather conditions are favorable. Discovery looks forward to updating investors with photos once seeding starts. One of the many benefits to the CRS-1 variety is its shorter growing cycle.
Discovery has also posted quarterly financial filings for the period ending March 31, 2014. The Quarterly Disclosure Statement is now available on the OTC web site at: www.otcmarkets.com/stock/DSCR/financials.
About Discovery Minerals LTD.
Discovery Minerals Ltd., (OTC PINKSHEETS: DSCR.PK) is an acquisition and development company that targets natural resource properties through its subsidiaries. These properties fall within two primary channels, precious metals/mining and industrial hemp. Discovery subsidiaries engage in activities that include the cultivation, product development, and distribution of industrial hemp; Gold, silver and precious metals. In addition, the Company is pursuing clean tech and alternative energy investments to be integrated into these business channels.
- Go DSCR
$DSCR: Discovery Joint Venture Submits Industrial Hemp License Application
Date : 05/23/2014 @ 8:00AM
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
Quote : 0.002 0.0 (0.00%) @ 7:52AM
MARINA DEL REY, Calif., May 23, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC PINK: DSCR) (PINKSHEETS: DSCR) is pleased to announce the Joint Venture Agreement with Syngar Technologies has been finalized. The joint venture project with AB AGRO TECHNOLOGIES INC., has submitted its application with Health Canada for a license to cultivate Industrial Hemp.
Discovery, Syngar and AB AGRO TECHNOLOGIES have accomplished a significant business milestone with this license application. The industrial hemp license process is detailed, and rigorous qualifications must be met. Discovery's agriculture/growing consultants will be an integral and key component for a successful growing season in 2014; their previous experience and agricultural knowledge cultivating industrial hemp will greatly enhance this process.
The Company would also like to inform shareholders that it anticipates the quarterly financial information will be completed and submitted to OTCMarkets early next week.
- Go DSCR
$DSCR: Discovery Provides Shareholder Update
Date : 05/13/2014 @ 10:07AM
Source : PR Newswire (US)
Stock : Discovery Minerals Ltd. (PC) (DSCR)
MARINA DEL REY, Calif., May 13, 2014 /PRNewswire/ -- Discovery Minerals LTD. (OTC PINK: DSCR) (PINKSHEETS: DSCR) is pleased to announce that Mr. Dennis Killoran of Wainwright, Alberta, Canada has agreed to become the Company's Primary Hemp Growing Consultant. Mr. Killoran is uniquely qualified having previously cultivated Industrial Hemp under a Health Canada License.
Mr. Killoran is a third generation farmer. In 1999, Mr. Killoran was invited to participate with a symposium which helped draft portions of the Health Canada Regulations. Additionally, Mr. Killoran has sat on the Local Wainwright Inter-Municipal Planning Board and was involved in the inception of the Alberta Bio-Fibre Initiative round table talks with the Alberta Agriculture Department, the Alberta Research Council, and various private interest companies. Through 2000-2003, Mr. Killoran cultivated three hemp crops on farmland ranging from 20 to 140 acres. He currently grows grain on 3500 acres of his property.
There are several factors that have prompted Mr. Killoran to re-evaluate the viability of hemp production, some of the main factors being Discovery's vertical integration model, technological advances in farming and increased demand for hemp related products expected to soar due to loosening of regulations in the United States.
Canadian hemp acreage has been growing steadily since 2008, increasing to 58,000 in 2012. This growth came on the heels of improving processing technology, research, government financial support, increasing number of Canadian businesses developing hemp products and overall growing demand, primarily import demand by the United States which accounts for approximately 90% of Canadian international sales. Canada's gross producer hemp seed cash receipts have been approximately $30-35 million in recent years.
Early estimates are for around 70,000 acres to be planted in 2013 and one industry source indicates a goal of 100,000 acres by 2015. (Canadian Hemp Trade Alliance).
Sales of hemp products to U.S. consumers have reportedly topped $500 million in recent years, while U.S. hemp imports continue to grow (Hemp Industry Association). Industrial hemp could provide economic benefit and jobs given emerging market opportunities if the industry were allowed to fully develop as a commercial enterprise.
About Discovery Minerals LTD.:
Discovery Minerals Ltd., (OTC: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact Person:
Russell Smith
+1-310-961-4654
At: info@discoveryholdingscorp.com
SOURCE Discovery Minerals LTD.
- Go DSCR
$IDGC: ID Global Corporation Signs Memorandum of Understanding with Corr Brands, Inc.
Date : 06/16/2014 @ 3:10PM
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, June 16, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to announce that it has signed a binding Memorandum of Understanding (MOU) with Corr Brands, Inc. (CBI) which will commence with an ownership stake, and begin due-diligence towards a joint venture whereby IDGC will provide assistance raising capital, advisory, and/or merger and acquisition services.
Sebastien DuFort, president and CEO, stated, "We have been in discussions for some time with the board of directors at Corr Brands, Inc. We are pleased to finally see this come to fruition and are looking forward to working with them to achieve their long term vision for the company."
About Corr Brands, Inc.
Corr Brands, Inc. is an Illinois corporation founded originally in 1978 as CORR'S Ginseng Beverage, Inc, the new holding company for intellectual property (IP) of Robert J. Corr and his family. The flagship brands are Ginseng Rush ® and Apple Rush ®.
Additional Brands include Green Rush ™ and Hard Rush ™. The Corr family recently licensed Apple Rush ® and Ginseng Rush ® Brands, with a worldwide license granted to bottle and sell beverages and consumer edibles with the Brands, Apple Rush ® and Ginseng Rush ®. Additionally CBDs from cannabis are used to benefit a line of cannabis infused beverages and edibles in the future. Hard Rush™ is a sparkling beverage combination of super fruits with 8% alcohol.
CBI is a long-lived company that over the years has licensed its IP to various third party concerns, including Quaker Oats, Co. and PepsiCo. Inc. and others. The new mode of operation is to minimize external influences and concentrate efforts in a targeted, low overhead manufacturing and marketing endeavor.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks debt and equity investments, minority positions as well as controlling interests in established companies and special situation start-ups.
- Go IDGC
$UNQT: Union Equity Inc. Announces Shareholder Update
Date : 03/25/2014 @ 8:15AM
Source : Marketwired
Stock : Union Equity, Inc. (PN) (UNQT)
Union Equity Inc. Announces Shareholder Update
INDIANAPOLIS, IN--(Marketwired - Mar 25, 2014) - Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT) and CEO JT Thornburg are pleased to announce that through its subsidiary, Union Equity Investments Inc., is negotiating with several e-commerce companies which specialize in precious metals. Mr. Thornburg states that "this is one of the many investments Union Equity Investments Inc. will be researching. The low cost of e-commerce can give us the same revenue stream at a fraction of the cost."
Still with the top priority of becoming current, Union Equity Inc.'s management team is always looking to progress forward and this is just one of the many avenues that Mr. Thornburg and his Board of Directors are researching.
Contact:
Investor Relations
Phone: 317-575-4113
Email: jtthornburg@live.com
- Go UNQT
====================================================================
$UNQT: Union Equity Inc. Announces New Investors Relations Contact
Date : 03/18/2014 @ 8:15AM
Source : Marketwired
Stock : Union Equity, Inc. (PN) (UNQT)
Union Equity Inc. Announces New Investors Relations Contact
Union Equity Inc. Announces New Investors Relations Email Address
INDIANAPOLIS, IN--(Marketwired - Mar 18, 2014) - Union Equity Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT) is pleased to announce the new corporate investors relations email address. For investors relations concerns, please contact jtthornburg@live.com.
Union Equity Inc. would also like to address the current status of events. Mr. Thornburg, CEO, and the board of directors are diligently working towards bringing the corporation to current status. This is a time consuming process but is a top priority.
Lastly, to clarify managements' position on a reverse split, management has not entertained this idea since the release of the chill. Management thinks it is not in the best interest of the shareholders to do so, and has no ambition of doing a reverse split at this time.
- Go UNQT
$HPNN: Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
Date : 07/02/2014 @ 11:45AM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)
Hop-on Negotiations With OEMs Boosted by Chinese Recognition of Android Patents
TEMECULA, CA--(Marketwired - Jul 2, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) operations in China have been boosted by the recent public acknowledgment by the Chinese government that patents owned by Microsoft are essential to devices using Android Operating System or Chrome. Hop-on is negotiating with OEMs of tablets, smartphones, televisions, set-top boxes, eReaders, portable navigation devices, and the like that can benefit from Hop-on's license agreement with Microsoft.
Hop-on has developed a standard program in which OEMs can take advantage of Hop-on's licenses to bring products into the US. There are hundreds of companies selling unlicensed products to Walmart, Costco, Target and other big box retailers. Essential patent holders have already worked to restrict imports from some OEMs that are in violation, but could find it much easier and effective to directly go after the US retail giants selling those unlicensed products.
With the cost of patent litigation skyrocketing into the many millions of dollars, Hop-on believes this program will save OEMs millions and avoid disruption of their current US sales. Hop-on will be able to quickly establish with Microsoft that royalties on imported products have been paid, allowing OEMs and their US retailers to avoid the risks of expensive and complicated litigation.
Peter Michaels, CEO of Hop-on, stated, "There are dozens of major OEMs selling unlicensed smartphones, tablets, eReaders, navigational devices, smart TVs and set top boxes into big box retailers that are violating Microsoft's patents on Android and Chrome. Essential patent holders have every right to seek legal recourse, and the US and European retailers are not immune. Those retailers are sitting on unlicensed products and receivables that can be subject to court orders to stop sales, have Customs prevent imports at the border, or even require the destruction of any products held."
The People's Republic of China Ministry of Commerce has issued Notice 24 of 2014 acknowledging Microsoft's ownership of patents covering many areas of the Android operating system, including exFAT, RDP, EAS, WiFi, and 3G/4G -related technologies. The Ministry of Commerce has acknowledged that those rights can be enforced in China. The original notice is available at www.mofcom.gov.cn/article/difang/henan/201404/20140400547823.shtml
ABOUT HOP-ON, INC.
Hop-on, Inc. is a global OEM manufacturer of portable electronic devices, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. For more information, please visit www.hop-on.com
- Go HPNN
You still around here? I have been out for awhile building up the family business, so not all that much time to post around or look at day trading. Hopefully all is going well your way. Not much new my way, I am adding USLV today and watching MCIC down here! Have a great afternoon, and I hope that most of your trades are green.
IMO PPJE gonna shoot up quick! Gonna make ALOT of money on this one! Company has everything lined up!
PPJE... shhhhh!! Was $12 a few years ago.. about to win big lawsuit imo.. Casino money only as usual!
CBYI ready to move north with buy pressure
RADAR.. ICTY hear thunder may be coming at this stock...jmo
ARIO (0.015) traded 1/4 OS Friday...
OS = 16M (after 1:400 R/S Friday)
Current MC = $240,000 ($0.015 x 16M)
'08 Q1 revs = $1,000,000 (up 110% from '07 Q1)
'07 revs ==== $3,000,000 (up 320% from '06)
LottoPlay @ $0.009 position...
PINR NEWS SHOULD RUN NICE..........
MMTE, Awesome news, gonna be a pennybuster this week IMO!!
Count on me...just let me know how I can help you out!
PINR CRGO..........
fun we will have..........next week this board will come alive again...can use your help....
Yes we are....looking great so far this week! Ready for a LONG weekend, hoping to have some fun!
Here is the deal for CRGO at least just the start a bunch more info on the CRGO board lots of longs know whats happening, man I thought you had a photo of me you were putting into the IBOX, wow that would been scary!
CRGO read this PR from Monday says they paid off YA Global Advisors ie cornell, dilution is over, GCOG completed dilution and look what it did? monster moves coming once folks realize this
Cargo Connection Logistics Holding, Inc. Announces $4.5 Million Debt Relief in Connection With Disposition of Primary Business
Market Wire "US Press Releases "
INWOOD, NY -- (MARKET WIRE) -- 05/19/08 -- Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (BERLIN: CD6) (FRANKFURT: CD6) (FRANKFURT: 217026) announced that it has achieved significant relief from its secured debt in connection with a foreclosure by the secured creditor. In April, the Company's largest secured creditor, YA Global Advisors, had assigned its interest to Pacer Logistics, LLC, a subsidiary of Pacer Health Corporation. On April 29, 2008, Pacer Logistics informed the Company that it intended to foreclose on certain of the Company's assets. On May 13, 2008, the Company and Pacer Logistics entered into a Strict Foreclosure and Transfer Agreement, pursuant to which the Company acknowledged that it is in default of certain obligations, in the aggregate amount of $3,670,389 to Pacer, as assignee of all right, title and interest of YA Global Investments, LP ("YA Global"), including as assignee of Montgomery Equity Partners Ltd. ("Montgomery"), with respect to the Cargo Companies' obligations (collectively the "Outstanding Obligations") under the:
-- Secured Convertible Debenture, dated December 28, 2005, issued to
Montgomery in the principal amount of $1,750,000;
-- Investor Rights Registration Agreement, dated December 28, 2005, by
and between the Company and Montgomery.
-- Secured Convertible Debenture, dated February 13, 2006, issued to
Montgomery in the principal amount of $600,000;
-- Security Agreements, dated December 28, 2005, whereby the Company and
certain of its subsidiaries secured obligations to Montgomery in the amount
of $2,350,000; and
-- Secured Convertible Debenture, dated November 17, 2007, issued to YA
Global, in the principal amount of $46,500 (the "YA Global Debenture").
The Outstanding Obligations are secured by certain assets of the Cargo Companies. Pursuant to the Strict Foreclosure Agreement and a related assumption agreement, all of the Outstanding Obligations have been extinguished, and Pacer foreclosed on substantially all the operating assets of the Company and Cargo Connection and assumed certain liabilities of the Company, Cargo Connection and Cargo International, including:
-- all obligations to Wells Fargo Bank, National Association;
-- the obligations to HSBC Bank in connection with the HSBC Loan,
including in connection with all collateral provided in connection
therewith; and
-- the obligations to U.S. Small Business Administration pursuant to a
loan.
As a result of this foreclosure, the Company's operations will be severely curtailed, and now will consist only of:
-- Cargo Connection Logistics - International, Inc. and its assets;
-- Nuclear Material Detection Technologies, Inc. and its assets;
-- Independent Transportation Group, LLC. and its assets; and
-- the stock of Cargo Connection Logistics Corp., without its former
assets.
Scott Goodman, the Company's Chief Financial Officer, commented that "ever since the Company's acquisition of Cargo Connection Logistics Holding, Inc. three years ago, we have strived to refinance or otherwise satisfy the legacy financing of the Company. Pacer Logistics' decision to foreclose on the assets of Cargo Connection Logistics Corp. has fully satisfied the Company's debt, and has also allowed the Company to dispose of an additional $1,000,000 of debt, thus allowing the Company to be relieved of more than $4.5 million of debt. This has dramatically improved our balance sheet, as well as a huge overhang on our stock. "
Goodman continued his comments to state that "the Company remains a fully reporting public company and that our stock will continue to trade on the Over the Counter Bulletin Board, and our continuing business consists of:
-- Cargo Connection Logistics - International, Inc. (Cargo International), our Chicago-based international cargo business
-- Independent Transportation Group, LLC (ITG), a joint venture with EmplifyHR Services, Inc., a Florida corporation, in which the Company owns a majority interest
-- Nuclear Material Detection Technologies, Inc. (NMDT), our development stage radiation detection product business; and
-- Cargo Connection Logistics Corp., without its legacy assets."
As a result of the foreclosure by Pacer on substantially all of assets of Cargo Connection, the Company expects its future revenues to decline significantly. As a result, despite related decrease in debt and operating expenses, the Company expects to generate losses from operations unless and until the Cargo International operations and other operations begin to generate positive cash flows in amounts exceeding the Company's overhead as a public company.
The Company believes it is beginning to see the results of two handling agreements it has obtained for Cargo International's Illinois facility that became effective during the second quarter of 2007. The Company's Cargo International operation has begun to generate revenues, but in light of the foreclosure it will need to continue to increase the revenue stream from its operations for the Company to remain viable.
In order to maintain operating stability or growth over next year, management believes that the Company will still have to manage many conditions, other than the loss of the Cargo Connection business, which are outside of its control, such as a general decrease in demand for consumer products within the domestic economy, which decreases demand for shipping, along with higher energy costs, including fuel for the transportation-related equipment and the energy required to operate our facilities.
We intend to seek out and to expand our existing business and to acquire additional businesses, which we believe with our much improved balance sheet will make the Company more attractive to the investment community.
About Cargo Connection Logistics Holding, Inc.
The Company, through its subsidiary Cargo Connection Logistics - International, Inc., is in the world trade logistics business. The Company headquarters is in Inwood, NY, and it also has an office in Chicago, IL.
The Company through its majority owned subsidiary ITG, believes that it will attract independent contractors and other carriers to perform work on behalf of the Company, and thus to assist the Company through increasing the size and scope of its driver fleet, while offering agents comprehensive packages for medical insurance, profit sharing plans, as well as other benefits for themselves as well as their driver pool.
The Company, through its subsidiary NMDT, holds a license to a patented portable nuclear material detecting technology and is in the process of developing, with the licensor, a market-ready nuclear radiation detection device, called RadRope(TM), which inspectors at transportation hubs can utilize to rapidly detect the presence of nuclear material in sealed containers without the use of harmful x-rays, to service the logistics, transportation and general cargo industries.
Future-Looking Statements Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission, including, without limitation:
-- the Company's operations will be severely curtailed as a result of the
foreclosure by Pacer on substantially all the assets of Cargo Connection
-- the ability to operate in compliance with the terms of its financing
facilities (particularly the financial covenants), leases and other
agreements
-- the ability to maintain adequate liquidity and produce sufficient cash
flow to meet the Company's needs
-- the ability to attract and retain qualified management and other
personnel
-- the number and magnitude of customers, particularly in our Cargo
International operations
-- changes in the competitive environment in which the Company operates
-- changes in, or the failure to comply with, government and regulatory
policies
-- the ability to obtain regulatory approvals and to maintain approvals
previously granted
-- uncertainty relating to economic conditions generally and particularly
affecting the markets in which the Company operates
-- changes in the Company's business strategy, development plans or cost
savings plans
-- the Company's ability to complete the development of, market and sell
the RadRope(TM) product
-- the Company requires additional financing in order to complete the
acquisition of Fleet Global Services, Inc., a Florida corporation, and may
not be able to obtain such financing
-- the Company's letter of intent with Fleet has expired, and it is
unlikely that the Company would be able to complete that acquisition even
if financing could be obtained
-- the ability to complete acquisitions or divestitures and to integrate
any business or operation acquired
-- the ability to enter into strategic alliances or other business
relationships
-- the ability to overcome significant operating losses
-- the ability to reduce costs, particularly in our Cargo International
operations
-- the ability to develop products and services and to penetrate existing
and new markets
-- the Company is delinquent in filing certain tax returns
-- technological and other developments and changes in the industry
Contact:
Peter Nasca
Peter Nasca Associates, Inc.
954-473-0677 Ft. Lauderdale
312-527-1044 Chicago
rj we are back in action.............
i put your pick in ibox...feel free to add a brief story on it in ibox.
Thanks OD! Gonna light this board up with some hot flyers!
WELCOME HDOGTX AS MODERATOR
SYDI looks ready for sure. Also XMDC expecting news next week. L2 is very thin on that one, and it is a low floater! Have a great weekend.
SYDI LOTTO PLAY.
NEWS out now on PYCT...
what type of announcements?
More PRs coming for PYCT this week...looking for THREE more annoucements!
Always great to see you too OD! I hope that you are making a nice bank.
nice rj ill check it out..good to see ya..
news out on PYCT now...
Good deal, I hope it is profitable for you.
naw fuu!~»*FCLE*«~GRABBED MO'@.ooo2 TODAY!!!~SUPERLOTTO!!!!
:)
WATCH!!!
Hey Baller, you in on PYCT here at .0001?
~/^/~ASII~/^/~SUPER LOTTO!!!»RADAR!:)
ouch.............
RE: YNGR Mar 20, 2008
Pink Sheets News Service
Washington, D.C.—
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
March 20, 2008
ORDER OF SUSPENSION OF TRADING
IN THE MATTER OF CERTAIN
COMPANIES QUOTED ON THE PINK SHEETS:
NeoTactix Corporation
Graystone Park Enterprises, Inc.
Younger America, Inc.
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of the issuers listed below. As set forth below for each issuer, questions have arisen regarding the adequacy and accuracy of publicly disseminated information concerning, among other things: (1) the companies' current financial condition, (2) the companies' management, (3) the companies' business operations, and/or (4) stock promoting activity.
1. NeoTactix Corporation is a Nevada company with offices in Irvine, California. Questions have arisen regarding the adequacy and accuracy of statements in the company's press releases and promotional videos concerning the company's management, operations, current financial condition, transactions involving the issuance of the company's shares, and concerning stock promoting activity.
2. Graystone Park Enterprises, Inc. is a Colorado company with offices in Orlando, Florida. Questions have arisen regarding the adequacy and accuracy of press releases, promotional videos, and statements on the company's website concerning the company's current financial condition, operations, management, and concerning stock promoting activity.
3. Younger America, Inc. is a Nevada company with offices in Ft. Lauderdale, Florida. Questions have arisen regarding the adequacy and accuracy of press releases and promotional videos concerning the company's current financial condition, operations, management, transactions involving the issuance of the company's shares, and concerning stock promoting activity.
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the companies listed above.
Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the companies listed above is suspended for the period from 9:30 a.m. EDT on March 20, 2008, through 11:59 p.m. EDT, on April 3, 2008.
By the Commission.
Nancy M. Morris
Secretary
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Rental Rates Increase, Vacancy Rates Decrease
Cascadia Investments, Inc. (PINKSHEETS: CDIN) is pleased to announce that its current portfolio of eleven rental properties is operating at full occupancy with an average of one or two days between vacancies due to a waiting list of prospective tenants. This is occurring even during the traditionally high-vacancy winter months.
The current turmoil in the real estate markets is creating a huge demand for rental accommodations as many people are forced to downsize. This condition is putting an upward pressure on rental rates as demand increases and availability decreases -- a trend that should continue into the foreseeable future.
As a result, the company plans to review each of its properties over the next few weeks and implement rent increases of five to ten percent where appropriate, which will result in a positive impact on its earnings over the next couple of quarters. This will translate into increased revenue and a higher rate of return on its holdings.
About Cascadia Investments, Inc.
Cascadia Investments, Inc. (PINKSHEETS: CDIN) is a publicly traded real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
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Cascadia Investments, Inc.
www.cascadiainvestmentsinc.com
Tel: 253-383-7194
Source: Marketwire (March 13, 2008 - 8:00 AM EDT)
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