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Texan77 I thought of pulling some my self. If everyone pulled 1/2 it could help.
Maybe it's timing, Bashers on TILT, Looks Good.
WOW the Bashers are going nuts wonder why?
ib12u must work for the Naked Shorters.
WOW HUGE NEWS!
(MARKET WIRE) -- 07/01/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that its Chief Executive Officer. Alan Santini, has acquired an amount of 2,400,000,000 "free trading" shares of the Company's Common Stock at a price of US$0.0001 per share.
Alan Santini holds an additional amount of 1,500,000,000 restricted shares of the Company's stock as disclosed in a filing with the SEC on January 22, 2008.
Alan Santini will be filing an updated schedule of his holdings with SEC.
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. was primarily engaged in the issuing and marketing of prepaid debit card and related payment solution activities. Upon the closure of the Trinity Mercantile Finance and the Mortgage Bank acquisitions; Fortress Financial Group, Inc. will expediting its plans to become a broadly based Consumer Finance Group. The "Mortgage Division" will comprise the vast majority of the Group's earnings in the immediate to medium term.
The Company is utilizing is substantial Balance Sheet of circa US$1billion comprised of quoted and unquoted Gold Mining & Exploration stocks; to aggressively fund a large number of acquisitions in the consumer financial services sector; initially focused on the Mortgage Lending and Banking sector.
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 as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
--------------------------------------------------------------------------------Contact:
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
MARKET WIRE) -- 06/30/08 -- PAIVIS CORP. ("Paivis" or the "Company") (PINKSHEETS: PAVC) today announced to its shareholders it will immediately implement a plan to push Trustcash Holdings, Inc. ("Trustcash") to close the merger before the mid August quarterly report due date.
The Company feels its stock is very undervalued currently and will do everything possible for increased shareholder value.
With that in mind, Paivis believes it brings most of the value to the planned business combination and therefore for the benefit of its shareholders it will take the necessary action to push Trustcash to complete this transaction without further delay.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7-Eleven, and Chevron.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. TRUSTCASH and PAIVIS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause TRUSTCASH and PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in TRUSTCASH and PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
--------------------------------------------------------------------------------Contact:
Paivis, Corp.
Phone: 404-601-2885
www.paivis.com
No HGLC divi's here, I am stating to get concerned, this is not looking good. It has been way to long of FFGO NOT doing what it says. My patience is wearing out.
(MARKET WIRE) -- 06/26/08 -- Paivis, Corp. ("Paivis" or the "Company") (PINKSHEETS: PAVC) today announces it seeks for its shareholders a range of $0.04 to $0.05 per common share for a Dutch Auction preferred by Trustcash ("Trustcash") as a way to acquire control of Paivis.
Since being notified of Trustcash's preference to implement a Dutch Auction, Paivis feels it is a positive step forward for our shareholders when considering how Dutch Auctions can be conducted.
A Dutch Auction provides a way for Trustcash to purchase large blocks of Paivis common stock below the proposed $0.10/share purchase price of the planned merger.
Paivis appreciates Trustcash's prudence with its efforts to save capital as per the merger financing. Regardless, we believe a range of $0.04 - $0.05 per common share is fair for Paivis shareholders who wish to participate in a Dutch Auction because the value we bring to Trustcash is greater in our opinion than the current market price of Paivis common stock would suggest.
We look forward to moving forward with Trustcash and continuing our efforts deliver value for our shareholders.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7-Eleven, and Chevron.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. TRUSTCASH and PAIVIS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause TRUSTCASH and PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in TRUSTCASH and PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
--------------------------------------------------------------------------------Contacts:
Paivis, Corp.
Phone: 404-601-2885
www.paivis.com
Source: Paivis, Corp.--------------------------------------------------------------------------------
Vianna GM I use a pay service Knobias and have been very happy with it.
http://www.knobias.com
Most of the trades under .0001
WOW 2.5 billion volume
MARKET WIRE) -- 06/23/08 -- Syndication Inc. (OTCBB: SYDI) reports that on Thursday the 19th of June 2008, its subsidiary, Spinal Decompression and Disc Centers of America, signed with Chase Health Advance for the purpose of providing our customers with financial packages to cover uninsured medical costs related to various elective medical procedures including spinal decompression. The financing is provided by a revolving line of credit from Chase Bank USA, N.A., (Chase Revolving Account). The arrangement allows the Company to offer customers 0% interest finance options in packages ranging from $300.00 to $12,000.00, with 3 to 24-month payment plans. The service allows us to approve qualified patients within 3 to 20 minutes and can be concluded within the normal time needed for the Doctor to complete his initial patient consultation. Under the arrangement, Chase pays the company within 24 hours and bills the patient on the terms outlined by their finance package. "This program is a great addition to the service menu we can offer to our patients. It opens many payment options to the patient as well as enhancing the company's cash flow," said Brian Sorrentino, the CEO of Syndication Inc.
1-800-511-back; www.spinaldecompression-md.com/
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
--------------------------------------------------------------------------------For further Information, Contact:
Syndication Inc.
Brian Sorrentino
Phone # 202-467-2788
Source: Syndication Inc.
MARKET WIRE) -- 06/19/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirms that its strategy in the short to immediate term, is as follows:
- The Company intends to file to become a Reporting Company with the SEC and prior to this will be submitting a series of Form 8-Ks with the SEC in order to enable stockholders to be fully informed as to all pertinent transactions effected by the Company. To this end, the Company has obtained a CIK Number for filings with the SEC. This CIK Number is 0001301511.
- The Company is now appointing an Auditor, the Form 8-K in respect hereof will be made upon the confirmation of this appointment.
- The Company has at this time updated its information with the OTC Pink Sheets Market and is expectant that the "Stop" sign imposed upon the Company by the OTC Pink Sheets Market, indicating insufficient information, will be removed shortly and upon the filing of the Company of an Information and Financial Statement under Rule 15c-211.
- The Company is launching its Corporate web site shortly in order to facilitate investor understanding of the Company, its assets and its Management Team.
- The Company is in the process of having the detailed valuation and mining Reports updated on each of its Gold Mining & Exploration projects. These will be available for download on the Company's web site as they become available. The Company's USA Gold interests include "Mockingbird," "Ambassador," "Golden Eagle," "American Molygold," "Gladstone Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red Cloud" and "Federal."
- The Company will be focusing its exploration efforts on its "Mockingbird" Gold Mining Project in Arizona; work is scheduled to commence on September 1, 2008.
- The Company will be raising funds through borrowings secured against its Mining Assets and properties in the short term. A fund raising is not required at this time to meet the Company's short to medium term objectives and not whilst the Company's stock price trades at a huge discount to its Net Asset Value per Share.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its Gold properties, namely "Mockingbird," "Ambassador," "Golden Eagle," "American Molygold," "Gladstone Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red Cloud" and "Federal" interests.
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 as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
--------------------------------------------------------------------------------For further information contact:
Mr. Michael G Saner
Hunt Gold Corporation
E Mail: Email Contact
Telephone: (954) 840-6956
Source: Hunt Gold Corporation--------------------------------------------------------------------------------
8-K Out-- here it is
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): June 19, 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 60th 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))
1
--------------------------------------------------------------------------------
ITEM 8.01 OTHER EVENTS
1. The Company (then named Great West Gold, Inc.) declared a Stock Dividend of a portion of its shareholding in Sentinel Mining Resources plc (which controls the "Mockingbird" Gold Mining & Exploration interests) to its Stockholders, payable on November 14, 2005.
2. The Company (then named Great West Gold, Inc.) declared a Stock Dividend of a portion of its shareholding in Ambassador Gold Mining Holdings plc (which controls the "Ambassador" Gold Mining & Exploration interests) to its Stockholders, payable on January 2, 2006.
3. The Company (then named Great West Gold, Inc.) declared a Stock Dividend of a portion of its shareholding in Golden Eagle Mining Holdings plc (which controls the "Golden Eagle" Gold Mining & Exploration interests) to its Stockholders, payable on January 4, 2006.
4. The Company and its stockholders disposed of the entire Issued Share Capital of Golden Eagle Mining Holdings plc to Hunt Gold Corporation (HGLC.PK); through a Share Exchange on December 5, 2007. This was settled through the issue of an amount of 220,000,000 shares of Hunt Gold Corporation Common Stock. An amount of 89,928,816 of these shares of Hunt Gold Corporation Common Stock were to be distributed to the eligible Fortress Financial Group, Inc. stockholders in respect of the Stock Dividend as described in paragraph 3 hereof. The Transfer Agent to Hunt Gold Corporation issued the vast majority of these shares (circa 90%) on February 15, 2008. The payout ratio is as follows : For every 1 (one) share of Fortress Financial Group, Inc. Common Stock (formerly Great West Gold, Inc.) held at the Stock Dividend "Pay Date" described in paragraph 3 hereof, stockholders received an amount of 0.0046 "free trading" shares of Hunt Gold Corporation Common Stock.
5. The Company and its stockholders disposed of the entire Issued Share Capital of Ambassador Gold Holdings plc to Hunt Gold Corporation (HGLC.PK); through a Share Exchange on December 5, 2007. This was settled through the issue of an amount of 220,000,000 shares of Hunt Gold Corporation Common Stock. An amount of 91,814,461of these shares of Hunt Gold Corporation Common Stock were to be distributed to the eligible Fortress Financial Group, Inc. stockholders in respect of the Stock Dividend as described in paragraph 2 hereof. The Transfer Agent to Hunt Gold Corporation issued the vast majority of these shares (circa 90%) on February 15, 2008. The payout ratio is as follows : For every 1 (one) share of Fortress Financial Group, Inc. Common Stock (formerly Great West Gold, Inc.) held at the Stock Dividend "Pay Date" described in paragraph 2 hereof, stockholders received an amount of 0.00464 "free trading" shares of Hunt Gold Corporation Common Stock.
6. The Company and its stockholders disposed of the entire Issued Share Capital of Sentinel Resource Holdings plc to Hunt Gold Corporation (HGLC.PK); through a Share Exchange on December 5, 2007. This was settled through the issue of an amount of 550,000,000 shares of Hunt Gold Corporation Common Stock. An amount of 224,712,962 of these shares of Hunt Gold Corporation Common Stock were to be distributed to the eligible Fortress Financial Group, Inc. stockholders in respect of the Stock Dividend as described in paragraph 1 hereof. The Transfer Agent to Hunt Gold Corporation issued the vast majority of these shares (circa 90%) on February 15, 2008. The payout ratio is as follows : For every 1 (one) share of Fortress Financial Group, Inc. Common Stock (formerly Great West Gold, Inc.) held at the Stock Dividend "Pay Date" described in paragraph 1 hereof, stockholders received an amount of 0.01189 "free trading" shares of Hunt Gold Corporation Common Stock.
7. The Transfer Agent to Hunt Gold Corporation was unable until June 17, 2008, to distribute these Hunt Gold Corporation shares of Common Stock to certain of the eligible Fortress Financial Group, Inc. stockholders who held their stock in the Company, in either their Broker or in "Street Names" at the Record Dates described in Paragraphs 1, 2 and 3 hereof. This situation has now been resolved and the last remaining shares of "free trading" Hunt Gold Corporation Common Stock are being distributed by the DTCC to these stockholders. This was announced by both NASDAQ Corporate Actions and the DTCC on June 18, 2008.
2
--------------------------------------------------------------------------------
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.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
Fortress Financial Group, Inc.
Date: June 19, 2008 By: /s/ Alan Santini
Alan Santini
Chief Executive Officer
Agree this is getting ODD to say the least, still no original divi's in my account.
Thx for the PM V. Yes was a shareholder at that time. I think it means for of HGLC from FFGO for those how held GWGO then. Have a GOOD day I'm am going for a ATV ride now, it's a beautiful day here in South Dakota.
It is what came over on my Knobias news subscription that's all I know.
According to the NASDAQ Dividend List, Fortress Financial Group, Inc. (OTC: FFGO) has declared a SPIN-OFF dividend. This dividend will ONLY be available to shareholders of record as of November 14, 2005.
DECL-DATE X-DATE REC-DATE PAY-DATE
----------- ----------- ----------- -----------
06/17/2008 11/12/2005 11/14/2005 02/15/2008
AMOUNT: SPIN-OFF
FREQUENCY: N/A
CHANGE: N/A
ADDITIONAL INFO: .01189 of a share of Hunt Gold Corp for each share held. Will not be quoted Ex.
Knobias may issue additional reminder alerts to track the important dates surrounding this corporate action
No, crooked MM's naked shorting.
MARKET WIRE) -- 06/16/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirmed that it completed the acquisition of very significant additional Gold Mining Properties.
-- Company's Gold Mining assets now increased in size in excess of 1,000%.
-- Company acquires 100% of "Gladstone Lookout," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," and "Red Cloud" Gold Mining Projects.
-- Company acquires 51% of "Lady Alde" and "Federal" Gold Mining Projects.
The Company has acquired a very significant portfolio of precious metals mining properties located in Yavapai County, Arizona. There are three groups of properties:
1. Gladstone Lookout -- Near Prescott, Arizona, the Gladstone Lookout is adjacent to the Gladstone McCabe Mine, which produced, from 1880 to 1926, at least 62,800 ounces of gold and 779,000 ounces of silver. The Gladstone McCabe was reopened during the 1980s by Stan West and later sold to a subsidiary of BHP. Reportedly, Stan West used a suboptimal recovery method, leaving gold values in the tailings (initial estimate of over 100,000 tons at .036 oz. gold per ton) that could be recovered with more effective methods. The 460 acre claim block also includes a 50% interest in the mineral rights of the patented Lady Alde gold mine, as well as the Lookout Silver Mine. The Lookout is on the same vein as the Arizona silver mine, which produced over $4,500,000 of silver, with grades up to 20 ounces per ton.
2. Hassayampa -- The Hassayampa Mining District is located approximately 15 miles south of Prescott, Arizona. Spread over 800 acres are the Starlight, American Flag and Venezia gold mines, as well as the mineral rights to the Stormcloud group of 13 patented mining claims. These are preCambrian deposits located in Yavapai schist, rhyolite and granodiorite. There are veins on the rhyolite / schist contact, which range in width from 2 feet to 10 feet. Vein filling is quartz and ore occurs in the form of chalcopyrite carrying both gold and silver. Past production was reported together with the neighboring Senator Mine, formerly owned and operated by Phelps Dodge, and exceeds $10,000,000 in current dollars.
3. Cherry -- The Cherry project is located in the Cherry Creek Mining District, about 10 miles southeast of Jerome, which has been Arizona's premier producer of gold, silver, copper and zinc from preCambrian ore deposits. The Cherry claim block is strategically located between the American Molygold gold and molybdenum property to the east, and the Ambassador gold mine to the west. Included in the 650 acre land package are the Buffalo Limecap and Red Cloud gold mines, as well as a 51% interest in the mineral rights of the Federal Mine, which is comprised of 14 patented mining claims. The quartz veins occur in preCambrian granite, and are associated with limonite and tourmaline. The "Ambassador" and "American Molygold" are already owned by the Company.
The full details in respect hereof will be filed in a Form 8-K with the SEC.
The Company is delighted to have grown rapidly into a very substantial owner of Gold Mining & Exploration properties; particularly given the extremely positive outlook and forecasts for the price of Gold.
The Company has now, in the opinion of its Management, achieved the critical mass required to expedite its financing plans for the funding of an aggressive exploration policy.
The purchase consideration was settled through the issue of restricted shares of the Common Stock.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its Gold properties, namely "Mockingbird," "Ambassador," "Golden Eagle," "American Molygold," "Gladstone Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red Cloud" and "Federal" interests.
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 as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
--------------------------------------------------------------------------------For further information contact:
Hunt Gold Corporation
E Mail: Email Contact
Telephone: (954) 840-6956
Contact: Mr. Michael G Saner
-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): June 13, 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 60th 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
As of June 13, 2008, the Company holds an amount of 2,332,142 shares in St James Capital Holdings, Inc. (SJCH.PK).
The Company's shares in St James Capital Holdings, Inc. are restricted for a period of one year from the date of issue, being March 24, 2008; and may not be distributed to the Company's stockholders either in whole or in part.
The Company intends to dispose of these shares in St James Capital Holdings, Inc. at a price of not less than US$1.30 per share.
The value of the Company's stockholding in St James Capital Holdings, Inc. is in the amount of US$3,031,784.
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.
--------------------------------------------------------------------------------
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
Fortress Financial Group, Inc.
Date: June 13, 2008 By: /s/ Alan Santini
--------------------------------------------------------------------------------
Alan Santini
Chairman and President
new 8k out
MM's playing games again
911 trade, good one
(MARKET WIRE) -- 06/12/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirms that it intends to file to become a Reporting Company with the SEC.
To this end, the Company has obtained a CIK Number for filings with the SEC. This CIK Number is 0001437534. The Company shall commence today, with various Form 8-K filings to inform its stockholders as to all material facts.
The Company is now appointing an Auditor. The Form 8-K in respect hereof will be made upon the confirmation of this appointment.
The Company is at this time updating its information with the OTC Pink Sheets Market and is expectant that the "Stop" sign imposed upon the Company by the OTC Pink Sheets Market, indicating insufficient information; will be removed shortly.
The Company expects to launch its Corporate web site shortly as well the release of the detailed and updated Reports and valuations on each of its Gold Mining & Exploration projects.
The Company can confirm that it now focusing its efforts on its "Mockingbird" Gold Mine. It is confirmed that significant further exploration work on this Mine will commence on September 1, 2008. This exploration work will include geochemistry, VLF EM and magnetometer surveys. The Company will release the results of these explorations on a weekly basis to its shareholders.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its properties, namely "Mockingbird," "Ambassador," "Golden Eagle" and its "American Molygold" interests.
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 as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
MARKET WIRE) -- 06/12/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) announced on June 5, 2008 that it was in final negotiations to acquire additional Gold Mining Properties.
The Company has now agreed terms in respect of the acquisition of the "Hassayampa" Gold Mining & Exploration interests.
It is expected that the final agreement in respect hereof will be filed in a Form 8-K with the SEC by no later than Monday, June 16, 2008 and the Company will issue a detailed Announcement at that time.
Management of the Company remains extremely positive for the outlook of gold and is delighted to be adding further Gold Mining properties to its portfolio.
Stockholders will be advised accordingly.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its properties, namely "Mockingbird," "Ambassador," "Golden Eagle" and its "American Molygold" interests.
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 as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
--------------------------------------------------------------------------------For further information contact:
Mr. Michael G Saner
Hunt Gold Corporation
E Mail: Email Contact
Telephone: (954) 840-6956
Source: Hunt Gold Corporation
MARKET WIRE) -- 06/10/08 -- Pine Ridge Holdings, Inc. (PINKSHEETS: PINR) CEO Kevin May announced today ServeNation continues to exceed its goals as it entered two new markets just last week. The goal of ServeNation is to create networks and fundraising mechanisms for non-profits that have passionate supporters.
May explained, "Last week, ServeNation entered two new non-profit markets. The first is in animal rescue -- where abandoned and injured animals are cared for. The second and most exciting from my perspective is in the non-profit family friendly radio market. Non-profit radio stations providing a family friendly format have millions of listeners across the country. The first station with a store is Star 88.3 (www.star883.org) with significant impact and a large listenership. Their goal alone is more than 150 orders per day. Perhaps most significant is that the General Manager, Melissa Montana, is known in the industry and has relationships with many other stations across the country and is willing to introduce the ServeNation store concept to the others."
"With each market entered, we make our goal of 500 orders per day that much easier. We now have a couple sites that by themselves could produce these numbers. As we add more and more sites, it spreads this goal out and makes it even easier to attain. At 500 orders per day yearly revenues could well exceed $45 million and we still believe that this goal will be reached by year end," continued May.
"I don't believe the market is grasping the huge opportunity this has presented for the company. Most people have a special charity near and dear to their heart. Whether it is Breast Cancer research to Animal Shelters, ServeNation has provided a way that we can buy gift cards for our normal retail spending and at the same time help out the special charity. For instance, I have a friend that each month buys his wife a $50 gift card from Starbucks. He now buys them through ServeNation automatically each month and the charity of his choice gets part of that purchase. I would encourage all shareholders to go to www.servenation.com and just view the number of gift cards available to be purchased. There are restaurants, grocery stores, book stores, shoe stores, department stores, gas cards and much more. ServeNation has developed the means to donate to your favorite charity with each purchase you make of everyday items. And Pine Ridge also benefits with each purchase. I cannot think of a better way to spend money and serve the charities of my choosing," concluded May.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning it expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
--------------------------------------------------------------------------------Contact:
Pine Ridge Holdings, Inc.
Kevin May
President/CEO
Brian Kistler
Company representatives of Renovo Holdings (OTCBB: RNVO) will be presenting at the Twenty Ninth Annual Goldman Sachs Global Healthcare Conference today. The Company's presentation is scheduled to begin at 11:40 ET.
Misc Releated Info:
** Original Confirmation
** Conference Information:
Twenty Ninth Annual Goldman Sachs Global Healthcare Conference
Conference Dates: 06/09/2008-06/12/2008
Ritz-Carlton Laguna Niguel
Dana Point, CA
http://cc.talkpoint.com/GOLD006/060908a_mg/
According to the CEO there has been no company selling at these levels
(BUSINESS WIRE) -- Hunt Gold Corporation (PINKSHEETS: HGLC) confirms that it is now in final negotiations to acquire additional Gold Mining Properties.
The successful conclusion of these acquisitions will substantially increase the Company's portfolio of Gold interests.
Stockholders will be advised accordingly.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its properties, namely "Mockingbird", "Ambassador", "Golden Eagle" and its "American Molygold" interests.
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 as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
SOURCE: Hunt Gold Corporation
Hunt Gold Corporation
Mr. Michael G Saner, 954-840-6956
investor@huntgoldcorp.com
Copyright Business Wire 2008
MARKET WIRE) -- 06/05/08 -- Pine Ridge Holdings Inc (PINKSHEETS: PINR) CEO Kevin May announced today that the company has entered into a purchase agreement with AcousTech, Inc.
AcousTech is a high technology company supporting manufacturers and users of integrated circuits and other semiconductor products throughout the United States and internationally. AcousTech specializes in providing scanning acoustic microscopy and x-ray inspection services for an array of applications including integrated circuits, MEMS, complex hybrids, automotive sensors, and medical implantables.
Kevin May stated, "AcousTech, Inc. was founded in 1999 by Jon Roth and Kerry Oren. Jon Roth and Kerry Oren have been involved in failure analysis since 1986. They have published numerous technical papers and given presentations related to failure analysis and acoustic micro-imaging. They have been extensively involved in the development of quality assurance programs for commercial electronics in defense applications. They come from a failure analysis background where incoming parts ranged from microprocessors to large castings, and where acoustic micro imaging inspection was involved in everything from commercial electronics to spaceflight hardware, from welds and brazes to silicon chip attaches."
Jon Roth, President, AcousTech, Inc., commented, "In March of 2008 AcousTech, extended its national sales network with the appointment of a focused sales representative firm, Tacit Solutions, LLC based in Southern California, strengthening the company's sales and marketing infrastructure and growth initiatives. Tacit Solutions, LLC has particular expertise in marketing and sales of semiconductor assembly, integrated circuit testing and quality assurance products and services primarily in the Western United States. Under the agreement with AcousTech, Inc., Tacit Solutions, LLC will deliver opportunities to provide C-SAM and X-RAY testing services from the electronics industry including aerospace, automotive, industrial, medical, military, and telecom markets, as well as the original semiconductor chip manufacturers and IC users in 20 states.
"Tacit Solutions, LLC is recognized for its capacity to deliver new customer contact opportunities and technical excellence on a national scale. I am delighted to welcome Tacit as our primary sales representative firm into our planned network of trusted sales representatives, I am confident that together, we will achieve the very highest levels of service and value for our customers in their region."
About AcousTech, Inc.
AcousTech, Inc. was founded by former employees of ITT Corporation in Ft. Wayne, Indiana, to provide acoustic micro imaging inspection (C-SAM) and X-RAY analysis services for the electronics industry. Since 1986, the company founding personnel have been extensively involved in the development of quality assurance programs and performing failure analysis activity for military aerospace defense companies as well as providing testing services for automotive, commercial, industrial and telecom applications nationwide.
About Tacit Solutions, LLC
Tacit Solutions, LLC was formed by Richard Guy in 2003 after working for 25 years in various high level sales management positions at Amkor Technology, AT&T Bell Laboratories, Lucent Technologies, NCR Corporation, Signetics Corporation and most recently at Integra Technologies. These companies are all involved in the manufacturing, qualification, selecting or testing of integrated circuits in the electronics industry.
Tacit Solutions currently provides sales coverage for AcousTech in Arizona, California, Colorado, Florida, Kansas, Maryland, Minnesota, Missouri, New Mexico, Ohio, Oklahoma, Nevada, New Hampshire, North Carolina, North Dakota, Oregon, Texas, Utah, Virginia and Washington.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning it expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
MARKET WIRE) -- 06/05/08 -- PAIVIS, CORP. ("PAIVIS" or the "Company") (PINKSHEETS: PAVC) today discusses the importance and benefits of the recent completion of the merger costs financing with TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTCBB: TCHH).
This recent development is very beneficial to Paivis and its shareholders because, as previously discussed, Paivis has deliverables under the merger agreement that include, but are not limited to, due diligence items, various audits and debt reduction agreements. The Company has been working to expedite the completion of these deliverables and this merger costs financing is important in making that happen.
Furthermore, Paivis management believes that Trustcash's receipt of its final installment of the merger costs financing is a major step forward, as it shows the commitment by the various parties to continue advancing the process of the planned merger.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7-Eleven, and Chevron.
About Trustcash
Through its Trustcash brand and website, www.trustcash.com, the Company is a pioneer of anonymous payment systems for the internet. It developed a business based on the sale of a stored value card that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information. Trustcash provides to its customers the "Trustcash(TM)" payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. TRUSTCASH and PAIVIS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause TRUSTCASH and PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in TRUSTCASH and PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
--------------------------------------------------------------------------------Contacts:
Paivis, Corp.
Phone: 404-601-2885
www.paivis.com
MARKET WIRE) -- 05/29/08 -- TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTCBB: TCHH) and PAIVIS, CORP. ("PAIVIS") (PINKSHEETS: PAVC) today jointly provide an update of the merger financing required under the Merger Agreement between Trustcash and Paivis.
The requirements of financing under the Merger Agreement are progressing through the recently formed Trustcash subsidiary, TCHH Acquisition Corp.
It is through this subsidiary that Trustcash management has been planning the structure and execution of the financing plan for the merger.
Specifics will be provided as the details of the financing are completed.
Edwin Kwong, the Interim Executive Officer of PAIVIS, commented: "We are pleased by the developments from Trustcash regarding their efforts in raising the capital required under the Merger Agreement. We look forward to approving and subsequently completing these funding items with them as they occur."
About Trustcash
Through its Trustcash brand and website www.trustcash.com, the Company is a pioneer of anonymous payment systems for the internet. It developed a business based on the sale of a stored value card that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information. Trustcash provides to its customers the "Trustcash(TM)" payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7-Eleven, and Chevron.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. TRUSTCASH and PAIVIS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause TRUSTCASH and PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in TRUSTCASH and PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
--------------------------------------------------------------------------------Contacts:
Paivis, Corp.
Phone: 404-601-2885
www.paivis.com
Trustcash
Investor Relations
Charles Moskowitz
617-633-2259
MARKET WIRE) -- 05/29/08 -- PAIVIS, CORP. ("PAIVIS") (PINKSHEETS: PAVC) today announced it has completed the third part of its final review of TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTCBB: TCHH). This portion of the examination included, but not limited to, an extensive review of Trustcash's recently filed 10Q quarterly report.
The review of Trustcash will be updated as necessary.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7-Eleven, and Chevron.
About Trustcash
Through its Trustcash brand and website www.trustcash.com, the Company is a pioneer of anonymous payment systems for the internet. It developed a business based on the sale of a stored value card that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information. Trustcash provides to its customers the "Trustcash™" payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. TRUSTCASH and PAIVIS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause TRUSTCASH and PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in TRUSTCASH and PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
Good article on NSS and Counterfeit Shares
Lawsuit Filed Against Major Financial Institutions Alleging a Conspiracy to Engage in Illegal Naked Short Selling of TASER International Inc. and to Create, Loan and Sell Counterfeit Shares of TASER Stock
Last update: 5/28/2008 11:00:00 AM
ATLANTA, May 28, 2008 /PRNewswire via COMTEX/ -- Today the legal consortium of The O'Quinn Law Firm and Christian Smith & Jewell, both of Houston, Texas and Bondurant, Mixson & Elmore, LLP of Atlanta, Georgia filed a Complaint in the State Court of Fulton County, Georgia on behalf of certain shareholders of TASER International Inc. ("TASER") against eight of the largest Wall Street firms, including Bank of America Securities LLC, Bear Stearns Securities Corp., Credit Suisse USA Inc., Deutsche Bank Securities, Inc., Goldman Sachs Group, Inc., Merrill Lynch, Pierce, Fenner & Smith, Inc., Morgan Stanley & Co. Inc., UBS Securities LLC. The Complaint accuses the defendant firms of engaging in a conspiracy to manipulate the market for TASER stock through naked short selling resulting in the creation, loan and sale of counterfeit TASER shares. (Naked short selling involves the practice of selling stock short without borrowing or otherwise obtaining shares of that stock. When a defendant firm short sells shares of TASER stock it does not possess or intend to obtain, that sale can result in the creation of counterfeit shares because the short seller is in effect introducing additional shares into the market rather than engaging in a transaction using existing shares).
According to the seventy-page Complaint, the defendants' illegal naked short selling of TASER stock flooded the market with counterfeit TASER shares. For example, although in 2005 TASER had authorized and issued only approximately 60 million shares of common stock, more than 80 million votes were cast at the company's annual meeting.
The Complaint accuses the defendant firms of violating Georgia's Racketeer Influenced and Corrupt Organization (RICO) Act. "These are not isolated incidents: we believe the trading data evidences an ongoing and coordinated effort to violate securities and other laws," stated Attorney Wes Christian.
The Complaint describes the various means the defendant's have allegedly employed in an effort to conceal their unlawful conduct, including citing instances where the defendant firms have marked short sales as long positions, submitted inaccurate short interest reports and inaccurately netted short interest positions against longs. The Complaint also identifies specific instances in which defendant firms have been fined by securities regulators for this very conduct.
According to the Complaint, by creating, loaning and selling counterfeit shares, the defendant firms have diluted TASER stock and artificially depressed its value, harming TASER shareholders. Attorney Christian promised: "We will work tirelessly to redress the wrongs that our clients have suffered."
SOURCE Christian Smith & Jewell; Bondurant, Mixson & Elmore, LLP
Copyright (C) 2008 PR Newswire
Here is the article
Grass Range mine shows promise of holding diamonds
By KARL PUCKETT • Tribune Staff Writer • May 26, 2008
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GRASS RANGE — Brett Rodli picks up a green rock, whacks it with a hammer and looks inside.
It's kimberlite, which has the potential to host diamonds.
"We're hopefully standing on diamonds here," says Rodli, the president of Delta Mining and Exploration Corp. of Missoula.
Delta controls mineral exploration rights to 7,554 acres of private land in Montana, including the 120-acre site near this tiny Eastern Montana town where green kimberlite has been found exposed at the surface.
Seven months ago, 30 tons of the stuff was shipped to Edmonton, Alberta-based Apex Geoscience for testing for the presence of macro-diamonds.
Rodli is anxiously awaiting the results, which are expected later this summer.
"Would this be a potential mine that has an economic value?" Rodli asked. Until the tests are completed, he won't know.
There's already been one titillating find, a tiny micro-diamond, in a smaller rock sampling previously taken from the area.
A micro-diamond usually takes magnification to see, while macro-diamonds are larger.
Finding the tiny diamond prompted the 30-ton excavation and testing.
"We have something very, very unique here and we need to take it seriously," Rodli said.
The Treasure State is so named for its once world-class deposits of copper, gold and coal, all of which have been heavily mined.
A diamond mine would be a first.
"I'd really love to see Montana prosper from this," Rodli said.
Potential exists to find diamonds in the state, said Warren McCullough, a geologist and chief of the Montana Department of Environmental Quality's Environmental Management Bureau, which regulates hard-rock mining.
In 1990, a woman jogging found a 14-carat stone near Craig, he said
"But they just don't occur anywhere," McCullough added.
A 2000 report by the Tobacco Root Geological Society, one of the state's geological societies, concluded there was a 26-mile by 17-mile field between Grass Range and Winnett that contains more than 35 unusual rock features derived from deep in the earth.
Some of these rock types, including kimberlite, have been found to hold concentrations of diamonds in places such as the Canadian north, South Africa and Russia.
"Our kimberlite outcrop is on the surface, which is highly unusual," Rodli said.
The Wyoming Craton, which underlies Montana, Wyoming and Colorado, is host to the country's largest kimberlite and lamproite fields, according to the Wyoming State Geological Survey.
Kimberlite and lamproite are the only rock types that have been mined successfully for diamonds.
"Most of them come up empty," McCullough said of diamond explorers. "But there are enough success stories to keep people looking."
In the last 10 to 15 years, one or two companies have drilled in Montana looking for rock that could host diamonds.
McCullough, who has visited the Grass Range site, said diamond exploration has been intense in the Canadian north, primarily in the Northwest Territories, for 20 years, fueled by major diamond discoveries.
There are least five diamond mines in Canada, he said.
The finds to the north have prompted exploration elsewhere in Canada and, to a lesser degree, in the United States.
McCullough views the finding of the micro-diamond at Grass Range as a curiosity, but that could change.
"If they were to come up with a significant number of micro-diamonds, or a macro-diamond, I'm sure that would lead to more (exploration) and that would focus attention on the area," McCullough said.
A finding of a macro-diamond would trigger an even larger excavation, perhaps as much as 100 to 500 tons, and more tests, Rodli said.
Core drilling, to find out the depth of the kimberlite, would come next, followed by a feasibility study.
"You either have it or you don't," Rodli said.
The possible reward would be the discovery of high-grade diamonds and a mine creating good-paying jobs for nearby communities such as Grass Range and Lewistown, he said.
In November 2007, Delta posted a $10,000 reclamation bond and received a DEQ license to excavate the samples.
Last month, the company announced it had purchased 100 percent of the mineral rights to one parcel and 50 percent of two others on what is known as the Homestead site.
The landowner, who first spotted the unusual green rocks, prefers to remain out of the spotlight, Rodli said.
Delta is most interested in two hills where kimberlite can be seen at the surface.
"Could there be?" Rodli asked one day earlier this week as he inspected the grassy windswept site where cattle graze.
"Now we just have to prove it," he said. "And if we prove it, this whole situation moves up to a new level."
Reach Tribune Staff Writer Karl Puckett at 791-1471, 800-438-6600 or kpuckett@greatfallstribune.com.
(MARKET WIRE) -- 05/27/08 -- Delta Mining and Exploration's (PINKSHEETS: DMXC) Chief Executive Officer Mr. Brett Rodli gave an in-depth interview to the Great Falls Tribune. The interview was published on Memorial Day, May 26, 2008, and can be viewed in its entirety on the Delta website -- www.deltamine.com or by clicking HERE.
The interview, which was conducted by Mr. Karl Puckett who can be reached at 406-791-1471, 800-438-6600 or kpuckett@greatfallstribune.com, covered a wide range of topics -- from the history of Montana mining to the much anticipated sample results due out later this summer.
Further, Mr. Rodli is doing a television interview with the local Missoula, Montana, CBS Affiliate, KPAX-TV. That interview will be posted on the Delta website once it is released.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
--------------------------------------------------------------------------------Contact:
Brett Rodli
Chief Executive Officer
406-214-4579
Email Contact
order filled at .001 thank-you nite