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IFLH
http://biz.yahoo.com/prnews/050404/dam044.html?.v=4
IFLH Signs Letter of Intent to Acquire Insurance Agency
Monday April 4, 4:32 pm ET
DALLAS, April 4 /PRNewswire-FirstCall/ -- InterFinancial Holdings, Corp. (OTC Pink Sheets: IFLH - News) announced today that the Company has signed a letter of intent to acquire DPG (Drivers Protection Group, LLC), a Texas Limited Liability Company which is affiliated with Nationwide Insurance. Nationwide, based in Columbus, Ohio, is one of the largest diversified insurance and financial services organizations in the world, with more than $148 billion in assets. Nationwide ranks 118th on the Fortune 500 list. DPG is currently in the process of finalizing an auto dealer program which includes roadside assistance, gap insurance, single interest, auto replacement warranty, and other gap type products. Once this acquisition is completed, InterFinancial will be able to offer auto insurance to each and every one of its existing accounts. In addition, InterFinancial will be able to pre-package and bill insurance products at loan origination. The synergy between DPG and its parent company will have benefits to the company's account management and bottom line. InterFinancial Holdings, Corp. is in the process of making several acquisitions in exchange for its common stock. By building a conservative financial statement with qualified monthly income, the company feels that it will be able to market itself as a growing commercial bank and finance company that targets companies in the financial arena in order to facilitate significant shareholder growth.
The company maintains a corporate website at
www.interfinancialholdings.com
Contact: Jeffrey C. Bruteyn, Managing Director: 214-665-9490, or jcb@interfinancialholdings.com
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although InterFinancial Holdings believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included herein, the inclusion should not be regarded as a representation by InterFinancial Holdings or any other person that the objectives and plans of InterFinancial Holdings will be achieved.
--------------------------------------------------------------------------------
Source: InterFinancial Holdings, Corp.
VCTY...news..
Videolocity Signs License Agreement with Air2Data
Monday April 4, 7:00 am ET
BRIGHAM CITY, Utah--(BUSINESS WIRE)--April 4, 2005--Videolocity International, Inc. (OTCBB:VCTY - News), the company that created the patent-pending Digital Entertainment System (DES(TM)), today announced a strategic licensing agreement with OnLine Entertainment an affiliate of Air2Data, one of the premier High-Speed Wireless Internet access providers, currently servicing hotels in 18 states across the United States. Air2Data has recently been named one of the 3 preferred vendors for Choice Hotels nationwide.
Together, Videolocity and Air2Data offer the most scalable in-room entertainment solution on the market, giving even the smaller hotels of less than 100 rooms a complete solution for the delivery of video-on-demand, High-Speed Internet Access, server and Internet based gaming, together with a variety of custom applications, across a large variety of network architectures.
"This deal also has the potential to broaden the competitive technology options for branded and independent hoteliers by providing a premium solution that has traditionally been reserved for major properties," stated Robert Holt, CEO of Videolocity.
About Videolocity International, Inc.
Videolocity is a technology company that is committed to continued development and marketing of innovative, high, quality, cost effective systems to build ongoing revenue streams. The Company has developed proprietary technologies that reduce bandwidth requirements for numerous applications of digital content. The Company is currently using advanced proprietary technologies to transmit streaming digital video at speeds of 700 Kbps, scalable down to less than 100 Kbps for micro-display devices. Videolocity has the technological capacity to enter into a variety of markets that include hospitality, healthcare, residential, security and corporate training. Videolocity currently offers Microsoft- and/or Linux-based solutions using standard protocols and equipment enhanced by the company's innovative proprietary technologies and methodologies.
About Air2Data
Air2Data provides a full solution for wireless and/or wired Internet connectivity. The solution includes 7 layers of security, 24/7 technical support, remote system monitoring, and an easy print solution. Unique quality installations are completed by using new wires, existing wires or existing telephone lines. Air2Data can also provide the Internet over the hotel's television sets. Air2Data's patent-pending QuickStart Kit automatically gets a guest on line wirelessly for guests without built-in wireless computers. Air2Data provides marketing materials, full warrantees, service and maintenance for this No-Hassle Amenity. Air2Data has alliances with local technicians and ISP providers nationwide. For more information call us at 1-800-361-2021.
This release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act and Section 27A of the Securities Act. Readers are cautioned not to put undue reliance on such forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties.
Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including but not limited to: the development and/or acceptance of new products, the impact of competition on the company's products and/or pricing, and the success of the company's systems.
--------------------------------------------------------------------------------
Contact:
Videolocity International, Inc.
Investor Relations, 435-615-8338
Nice one.
Ain't that da frustrating truth! -timelines set by governments never seem to hold-
Didn't AIDO design a tag especially for sheep per request from the Australians...hmmm maybe it was a silly rumor...
Deann..thanks for HWYI..have you spoken to the company..did these guys ever trade?..they have a tiny float..do you know the revs for OptiCon Systems? tia
IWWH... From 10QSB on 02-22-05 ..On November 15, 2004, the Company signed a non-binding letter of intent to acquire Hand Picked Films, Inc. and Hand Picked Management, two related, privately-held companies based in Southern California. Terms of the proposed acquisition are being negotiated.
OCTU... On February 22, 2005, OCTuS Inc., a Nevada corporation, (the "Registrant"),
executed a non-binding Letter of Intent (the "LOI") to effectuate a business
combination with MicroSlate Inc., a Canadian corporation ("MicroSlate"). Subject
to customary due diligence and further negotiations, the business combination
between the Registrant and MicroSlate will be effectuated by either reverse
merger, reorganization or asset purchase.
Pursuant to the LOI, the transaction is subject to certain conditions,
including, but not limited to:
o completion of due diligence by the Registrant and MicroSlate;
o the completion of mutually agreeable definitive transaction documents;
o the approval by the respective boards of directors of the Registrant and
MicroSlate; and
o the approval of MicroSlate's stockholders, if necessary.
About MicroSlate
MicroSlate is an industry leading provider of Mobile Data Solutions for rugged
mission-critical environments. Headquartered just outside Montreal, Canada, the
company also has offices in Florida, operates a Service Center in New York State
and has Sales offices in Ontario, Texas, Arizona and Illinois.
MicroSlate's rugged laptops, handheld computers and tablets provide mobile
workforces with the computing power and communications capabilities required in
today's fast-paced and demanding situations. Their devices are widely used by
police forces and fire departments across the United States. MicroSlate's
solutions are also widely used by field technicians, specifically in the
Telecommunications and Distribution sectors.
MicroSlate also provides comprehensive software solutions, focused specifically
on Healthcare and Aerospace applications. Their Electronic Records Management
(ERM) Systems allow clinics and hospitals to fully manage all their information
requirements, from patient and resource scheduling, to patient records
management and electronic prescriptions. MicroSlate's Aerospace Systems enable
aircraft maintenance crews to perform comprehensive inspections and facilitate
the filing of required reports in demanding and time-critical environments.
RAPT.... Raptor Investments, Inc. Announces LOI With Patent Development Company
PrimeZone Media Network - March 31, 2005 1:13 PM (EDT)
By Staff
CORAL SPRINGS, Fla., Mar 31, 2005 (PRIMEZONE via COMTEX) -- Raptor Investments, Inc. (Pink Sheets:RAPT) announced today that it has entered into a LETTER of INTENT ("LOI") with Micro Connections, Inc. ("MC"). MC is a Las Vegas-based patent development company. MC develops products with potential mass appeal that can be patented. On March 18, 2003, Don Shefler, MC's founder and President, was granted a U.S. Patent (No. 6,533,410 B1) for "ALL OPTICAL NEEDS" ("AON") in the general field of optometry. The invention is a very thin, credit card-sized kit for repairing and maintaining eyeglasses that can be conveniently carried in a wallet or purse.
This patented product has market appeal to the eye care industry, the advertising specialty promotional industry and the personalized business card industry. Eye Care is a $30 billion dollar a year industry. The North American consumer market for AON consists of more than 180 million prescription eyeglass wearers and 70 million sunglass wearers. AON offers these targeted consumers the perfect solution to unexpected eyewear malfunctions because this unique repair kit can be conveniently carried with them at all times.
The Advertising Specialty Promotional Industry is a $20 billion dollar a year business. The imprintable AON case makes it an ideal product for this massive industry, particularly as an advertising and promotional item for companies involved with eye care, such as optometrists and eyewear retailers.
The personalized business card industry is a multibillion dollar business. The unique AON case can be displayed and sold by print shops as a distinctive, high-end, value-added business card for any company or individual who desires to make an impact when presenting a business card to an important existing or potential client.
Raptor is a diversified holding company. The Company provides merchant banking, consulting and public relations services to privately held and publicly traded companies. As part of its merchant banking services, the Company will pursue various diversified acquisitions on a regular basis. It is the Company's goal to restructure these acquisitions and divest them, in whole or in part, through a sale or spin-off.
Some of the statements contained in this press release are forward-looking statements, such as estimates and statements that describe the company's future plans, expectations, objectives or goals, including words to the effect that Raptor Investments, Inc. or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "intends", "expects", "estimates", "may", "could", "would", "will" or "plan". Such forward-looking statements are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual business results could differ materially from those currently anticipated in such statements. Readers should not place undue reliance on forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer for the purchase of any securities nor there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification under the securities laws of any such jurisdiction. No securities commission or similar authority in the United States or Canada has in any way passed on any of the information contained in this press release. The information provided in this press release is provided solely for the reader's general knowledge. It is not intended to be a comprehensive review of all matters and developments concerning the company.
SOURCE: Raptor Investments Inc
Micro Connections, Inc.
Don Shefler, Founder and President
(702) 734-2319
BNTT shell 4.1 mil shares outstanding
DALLAS, Jan. 24 /PRNewswire-FirstCall/ -- The Board of Directors of Barnett Energy Corporation (OTC Pink Sheets: BNTT) is pleased with the continuing progress of its restructuring business developments. "We were very pleased after our initial LETTER of INTENT with the numerous companies wishing to be reviewed as potential business partners. These companies consist of energy related and others in the high-tech and entertainment industries. Our pristine financials and corporate structure are a rare commodity in today's corporate environment. We will continue to update our shareholders with our progress," said the Board.
VTYC...... Victory Capital Holdings Corporation Signs Letter of Intent to Merge and Acquire Virtual Image Corporation
LOS ANGELES, CA - MARKET WIRE - 03/31/05
Victory Capital Holdings Corporation (OTC BB: VTYC) announced today that it has signed a Letter of Intent for the acquisition of Virtual Image Corporation.
Virtual Image Corporation is a full service marketing and design company founded in 1997 by Nadre Davani to provide visual and graphic solutions for their corporate customers. Showing profits every year, Virtual Image has developed cutting-edge techniques and delivered a premium product to their clients including:
Parker Hannifin Mattel Disney
Paramount Warner Brothers Nioxin
Meguiar's Sony Pictures Universal Power
Virtual Image products and services include:
Visual Technologies Movie Industry Animation
CGI Special Effects Television Commercials
Infomercials Corporate Branding Programs
Engineering with 3-D Development Web Artificial Intelligence
"Virtual Image provides a single source solution, critical in streamlining decision making and ultimately, time to market for our clients. We offer a unique combination of technical and engineering capabilities as well as the visualization of these concepts. With the resources of Victory Capital behind us and the prospects for a continuous flow of sales and marketing collaterals from their family of businesses, we feel we can grow our business and profits significantly over the next several quarters," stated Nadre Davani, President & CEO of Virtual Image Corporation. Examples of some of the design elements created by Virtual Image can be viewed at www.vrimage.com.
"The addition of Virtual Image to the Victory family, brings in-house, a key component in growing our sales and marketing divisions. Virtual Image will assist our subsidiaries by offering a complete package of sales and marketing collaterals," stated Jon Fullenkamp, Chairman & CEO of Victory Capital Holdings.
Victory Capital Holdings Corporation (VTYC), organized in Nevada, is a publicly traded company. The Company is designed to leverage the assets of existing, proven technology and to infuse those assets with marketing, management and financial support to become the recognized leader in its space. (http://www.vtyc.com).
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.
QTIG.... MediaMax Technology Corporation Signs Letter of Intent to Merge with SunnComm International, Inc.
The proposed basis for the common stock exchange ratio will be 1:1
PHOENIX, March 31, 2005 (PRIMEZONE) -- MediaMax Technology Corporation, formerly QuietTiger Inc. (OTCBB:QTIG), a leading optical media technology marketing company, is pleased to announce today that it has executed a non-binding Letter of Intent with SunnComm International, Inc. (Pink Sheets:SCMI) regarding a proposed merger of the companies.
MediaMax Technology Corporation has an exclusive marketing agreement with SunnComm to sell MediaMax -- America's best selling audio CD copy management and enhancement technology. Both companies earn royalties for every disc sold containing the proprietary software.
If the parties, after due diligence and other review, determine to go forward, MediaMax Technology anticipates entering into a definitive merger agreement on or before May 31, 2005. If the merger is completed, the companies currently anticipate an exchange of all outstanding common stock of SunnComm for shares of MediaMax Technology common stock on a one-for-one (1:1) basis. The definitive agreement will provide for the parties to file a registration statement on Form S-4 with the Securities and Exchange Commission in order to register the shares of common stock to be issued pursuant to the agreement. The registration statement will include a joint proxy statement and prospectus to be sent to the stockholders of both organizations in connection with a meeting of the stockholders of each company to consider the transaction.
Further discussions or decisions regarding the proposed merger are subject to various conditions, including further due diligence review and analysis, receipt of a satisfactory independent fairness opinion, the necessary audits of SunnComm and a condition that SunnComm refrains from distributing any of its assets to its shareholders until the merger is completed.
ABOUT MEDIAMAX TECHNOLOGY CORPORATION
MediaMax Technology Corporation, formerly QuietTiger, Inc. (OTCBB:QTIG) with its international reach, implements the delivery of digital content security products for the music and entertainment industry. With established long-term industry contacts throughout the world, the company understands the challenges surrounding digital content management and protection. The MediaMax Technology team of professionals has spent more than 50 years in the music and movie industry. MediaMax Technology (www.mediamaxtech.com) is the exclusive sales and marketing arm for SunnComm's MediaMax suite of products.
For additional information about the company, its vision, philosophy, partners, and customers, please visit the Company's Web site at www.mediamaxtech.com or contact:
Company Contact: Investor contact:
William H. Whitmore, Jr. Investor Relations
602-267-3800 602-231-0681
bill@quiettiger.com press@quiettiger.com
ABOUT SUNNCOMM
In just five years, SunnComm International Inc. (Pink Sheets:SCMI) has become the leader in digital content enhancement and security technology for audio compact disc media. 2004 was a year of milestones for SunnComm including Anthony Hamilton's "MediaMax'd" CD "Comin' From Where I'm From" achieving platinum status and Velvet Revolver's "Contraband" CD reaching the No. 1 spot on Billboard's Top 200 Album Chart becoming the world's first number one CD to include content management. "Contraband" also achieved double-platinum status by selling more than 2 million units. Additionally, SunnComm's technology appeared on many other best-selling albums in 2004, some of which have gone gold. The year ended with MediaMax implemented on more than 75 commercially released CD titles across 25 record labels generating over 10 million CDs, making it the U.S. market leader in copy control and enhancement technology.
MediaMax is mastered directly on the audio CD and is accessible using a personal computer. SunnComm was the first company to commercially release a content-protected audio CD utilizing an early version of the Microsoft Windows Media Data Session Toolkit, and was the first company in America to commercially release a copy-managed audio CD (www.microsoft.com/presspass/press/2003/jan03/01-20SessionToolkitPR.asp). Bonus features include on-board press kits, artist-related promotions, videos, song lyrics, artist bio page, photo gallery, web links and tune-sharing capability through SunnComm's MusicMail(tm) functionality. For more detailed information about the company, its vision or philosophy, personnel, partners, and customers, please visit the company's Web site at www.sunncomm.com, or call the Company directly at (602) 267-7500. For additional information or investor relations please contact:
Company contact: Investor contact:
Peter H. Jacobs Investor Relations
602-267-7500 602-231-0681
peter@sunncomm.com press@sunncomm.com
MediaMax CD3, MediaMax Technology, On-the-Fly Technology, PromoPlay, TuneShare, MusicMail, Secure Burn and SunnComm are registered and/or trademarks of SunnComm International, Inc., in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
This news release contains predictions, projections and other statements about the future that are intended to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of l995 (collectively, "forward-looking statements"). Forward-looking statements relate to various aspects of the Company's operations and strategies, including but not limited to the effects of having experienced significant losses in the past and the risk that the Company may incur losses in the future; the Company's limited liquidity and significant indebtedness; its sales forecasts for future periods not being attained and the risk that the Company will not conclude additional revenue-generating license agreements covering its content protection and enhancement technologies; the Company's marketing, product development, acquisition investments, licensing and other strategies not being successful; possible future issuances of debt or equity securities; the possible incurrence of significant patent litigation expenses or adverse legal determinations that find our patents not to be valid; new business development and industry trends; the possible need to raise additional capital in order to meet the Company's obligations and most other statements that are not historical in nature. Important factors that could cause actual results to differ materially from those described in the forward-looking statements are described in cautionary statements included in this news release. In assessing forward-looking statements, readers are urged to consider carefully these cautionary statements. Forward-looking statements speak only as of the date of this news release, and the Company disclaims any obligations to update such statements.
CONTACTS: MediaMax Technology Corporation
William H. Whitmore, Jr.
602-267-3800
SunnComm International
Peter H. Jacobs
602-267-7500
TTVL...
TEDA Travel Group Signs Letter of Intent to Acquire Hotel Chain
- PRNewswire -
Acquisition Increases TEDA Travel Groups Holdings to 27 Hotels and 3
HONG KONG, Jan. 19 /Xinhua-PRNewswire/ -- TEDA Travel Group, Inc. (BULLETIN BOARD: TTVL) , announced today it has signed a Letter of Intent to acquire a majority share in Zhongshan Harvey Hotel Management Company (''Harvey''), a hotel and real estate company with properties in the Pearl Delta Region of Guangdong Province, China.
The LOI calls for TEDA Travel Group to acquire a 60% stake in the property management contracts of Harvey's holdings, which includes 5 hotels and 3 commercial properties. Further terms and conditions were not disclosed.
Mr. Godfrey Hui, TEDA Travel Group CEO said, ''Our interest in this deal lies not only in the strong reputation of the Harvey hotels, but also in the strong management team. The team at Harvey brings experience from some of the best-known hotels in China and Hong Kong. It is this expertise which has helped the Harvey brand gain prominence in the Region.''
Mr. Albert Wong, TEDA Travel Group CFO stated, ''27 Hotels and 3 commercial properties is a great way to start 2005. We expect both domestic and international travel to increase sharply throughout China over the next several years. With the 2008 Olympics and 2010 Shanghai World Fair literally right around the corner, expect China's historical annual growth rate of 12 percent to also increase sharply. Combine our aggressive growth expectations with China's anticipated travel growth, and it's easy to see why we've set our sights on becoming a major travel player within China by the end of 2005.''
About TEDA Travel Group
TEDA Travel Group is the only full service Chinese travel and real estate service company public traded on U.S. markets. Currently, TEDA Travel Group is providing management services to hotels and resorts throughout China. In addition to its property management division, TEDA Travel Group also owns the largest Timeshare operation in China as well as a portfolio of real estate investments. Leveraged on its existing core businesses and the brand name ''TEDA,'' one of most recognized names in China, TEDA Travel Group intends to become a market leader in the fast growing Chinese travel and real estate services industry.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
For more information, please contact:
John Roskelley, President,
First Global Media
Tel: +1-480-902-3110
TEDA Travel Group, Inc.
UWNK..... uWink Signs Letter of Intent to Develop Media System for The Great American Coffee Company
LOS ANGELES - PRNewswire-FirstCall - March 23
LOS ANGELES, March 23 /PRNewswire-FirstCall/ -- uWink, Inc. (BULLETIN BOARD: UWNK) , a developer of entertainment software for video game terminals and amusement vending machines, today announced that it has signed a letter of intent with The Great American Coffee Company to develop a touch screen media system for their Southern California locations.
uWink's flexible client-server-based public entertainment system delivers a broad spectrum of audio-visual content to a secure Internet-enabled network of client terminals. The proprietary designed terminals provide an extensive game suite including league and tournament applications. uWink's system also allows for remote terminal management, display of promotional and advertising messages, and the ability to administer a player loyalty program.
"uWink's entertainment system coupled with our new southern California properties are synergistic for our growth," said Tom Hemingway, The Great American Coffee Company's CEO. "With so many choices for coffee and refreshments in California, these new entertainment and media facilities will provide us with a new and exciting way to build a loyal customer. In addition, we feel that this is an excellent opportunity to expand our relationship with our customers using uWink's newest products."
"Consumers continue to enjoy their coffee and media," said Nolan Bushnell, President and CEO of uWink. "Consumers have come to appreciate a broader variety of coffee, and look for different ways to be entertained and informed while they are waiting for their coffee. The uWink system entertains the customer while generating revenues for the store while customers wait."
According to Reuters: "Coffee shops are one of the few expanding businesses in the restaurant industry, spilling all over the United States and cutting into java consumption at home, according to market research firm NPD Group. The number of coffee shops in the United States, as of September, was up 7 percent from the previous year despite stagnant growth in the restaurant industry as a whole, according to NPD data released at the Reuters Food Summit. Los Angeles leads the nation in the total number with 801, followed by Seattle with 628."
About uWink
uWink, Inc. is a technology-based entertainment company focused on the emerging medium of interactive mass-market digital entertainment. uWink is led by Nolan Bushnell, the founder and former CEO of Atari Corporation and Chuck E. Cheese's Pizza Time Theater. At uWink, Mr. Bushnell has focused his skills on creating, developing and launching innovative consumer entertainment concepts with broad mass-market appeal. uWink continues to expand its installed base of entertainment platforms concurrent with the development of a range of new concepts that target fresh market opportunities and applications. For more information on uWink, visit http://www.uwink.com/.
About The Great American Coffee Company (GACC)
GACC's initial markets of Texas and Washington, D.C. have expanded into the California market with a bold new store concept utilizing entertainment and media. A privately funded corporation, GACC is entering the California market with a projected 22 stores over the next two years. The new entertainment and media concept stores will be focused in Los Angeles and Orange counties.
Forward-Looking Statements
The statements contained in this press release that are not historical are forward-looking statements, including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties including, but not limited to, the ability to react to quarterly fluctuations in results; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks as more fully described in uWink's periodic filings with the Securities and Exchange Commission.
CONTACT: Redwood Consultants, LLC uWink, Inc.
415-884-0348 Nancy Nino
(310)827-6900, ext. 102
IS this LOI closed already? HONG KONG, Jan. 19 /Xinhua-PRNewswire/ -- TEDA Travel Group, Inc. (BULLETIN BOARD: TTVL) , announced today it has signed a Letter of Intent to acquire a majority share in Zhongshan Harvey Hotel Management Company (''Harvey''), a hotel and real estate company with properties in the Pearl Delta Region of Guangdong Province, China.
QRUS - Letter of Intent
On October 31, 2004, we entered into a Letter of Intent to acquire Taxus
(Cayman) Inc., a company incorporated under the laws of the Cayman Islands
("Taxus"). Taxus owns and operates its business through a Chinese wholly owned
foreign enterprise, which has exclusive management and licensing agreements with
Beijing Taxus Co. Ltd., a private Chinese enterprise ("Beijing Taxus"). Beijing
Taxus was established in 2000 and is currently headquartered in Beijing, China.
Under the transactions contemplated under the Letter of Intent, we will
acquire all of the issued and outstanding shares of Taxus' capital stock from
Taxus' existing stockholders ("Taxus Stockholders"). In the exchange, we will
issue shares of our common stock to the Taxus Stockholders in such amount so
that, immediately after giving effect to the acquisition, the Taxus Stockholders
will own in the aggregate 88% of the Company's issued and outstanding shares of
common stock. At the close of the transaction, it is contemplated that a new
board of directors will be designated by the Taxus Stockholders and that the
board will include one member to be designated by KRM Fund, our current
principal shareholder. After the payment of certain transaction related fees
(including the issuance of the Company's common stock to certain finders and
advisors), the current stockholders of the Company are expected to own
approximately 6% of the issued and outstanding common stock after completion of
the transaction with Taxus.
Our completion of the acquisition is subject to the negotiation and
execution of a definitive acquisition agreement, the completion of certain
pre-closing financing, and the delivery of financial statements of Taxus and its
subsidiaries prepared in accordance with generally accepted accounting
principles in the United States of America. There can be no assurances that the
pre-closing financing will be raised and the acquisition will be completed.
Beijing Taxus is a bio-tech company specializing in the research, breeding
and extraction of Taxus plants, also known as yew trees. Taxus plants are an
endangered plant species, mostly grown in the northern hemisphere, particularly
in China, India, Nepal, United States, Canada and Europe. Taxol (paclitaxel),
extracted from the bark and other parts of Taxus plants, has been found to be an
effective treatment for various forms of cancer. Taxol received U.S. Food and
Drug Administration ("FDA") approval in 1992 for the treatment of advanced
ovarian cancer, and in 1994 for metastatic breast cancer. In subsequent years,
the FDA has approved Taxol for treatment of other kinds of cancers, including
AIDS-related Kaposi's sarcoma and non-small cell lung cancer.
Dr. C.Y. Xie, the majority shareholder and President of Taxus Beijing and
Taxus (Cayman), Inc., has developed various proprietary species and extraction
technologies to increase the growth rate of the Taxus plant and its Taxol
content. Beijing Taxus' primary business focus is the research, breeding and
extraction of Taxus plants to satisfy a growing demand for Taxol as an effective
treatment of various forms of cancer.
Solly...half asleep..need more coffee.. :)))
Form 10KSB ..what are the total revs for 2004? tia
Good one.. :)))
Next time I call the company to beg for a morsel of insight on what's going on..I'll ask Todd.. :)))
Government of Canada placed a 135K order recently..so they must like AIDO chips somewhat..lol..I think the company is pretty busy all over the world ..all in good time..
In Advanced ID's January 4, 2005 press release, the Company announced it had received a $135,000 microchip order from the University of PEI and the Government of Newfoundland. It should be noted that a portion of this contract was received from the Government of Canada - Newfoundland and not from the Government of Newfoundland.
I guess its a nice endorsement that he is part of the AIDO team.
Intermec man?
If AIDO lands this contract in Thailand me thinks many Asian nations will line up...
Geothermal Expert Joins the Encore Board of Advisors
VANCOUVER, British Columbia--(BUSINESS WIRE)--March 29, 2005--
Encore Clean Energy, Inc. (OTCBB: ECLN) is pleased to
announce that geothermal energy veteran Ronald E. Suess has joined the
company's business/scientific advisory board to assist the Company in
presenting its new HeatSeeker (TM) technology to various industries.
Ronald E. Suess is an attorney who is currently the President of
the Geysers Geothermal Association. He is an industry veteran with
more than 40 years in the geothermal industry, including 31 years at
Pacific Gas & Electric Company's Department of Engineering Research,
Corporate Center and The Geysers Power Plants. Mr. Suess helped bring
on-line eighteen PG&E geothermal power plants and was involved in
every phase of their life cycles. Mr. Suess developed the overall
regulatory compliance program in use by all geothermal plants at The
Geysers today.
Dan Hunter, CEO of Encore Clean Energy, Inc, commented, "Ron's
counsel and direction will speed up the introduction of the HeatSeeker
to energy developers and geothermal operators all over the globe."
Mr. Suess added, 'I'm very excited to join Encore. The HeatSeeker
technology is the only one I know that is capable of generating
significant power from the lowest-temperature resources, which
currently are wasted or ignored. These resources, until now, could not
be cost-effectively harnessed. The proficiency of the HeatSeeker can
enable a whole new 'micro-geothermal' industry to develop,
exponentially expanding the number of places where low-cost clean
power can be generated on-site."
Besides conventional geothermal sites, the Heat Seeker can
cost-effectively generate zero-emissions power for hotels and
communities situated on or near hydrothermal hot springs. It can also
benefit the Oil Industry, generating new profits from old wells by
harnessing the heat contained in the vast amounts of hot water
produced daily by many of the world's oil and gas wells. Currently
this produced hot water is a liability to every oil or gas well owner,
because of the cost to pump and dispose of the water back into
injection wells. The Heat Seeker can convert this oil industry
liability into a new, clean energy asset that can help America and
other countries increase production of their untapped domestic energy
resources.
The HeatSeeker is a new power source that converts both low and
high temperature heat resources into electricity. These heat resources
can readily be found in nature (solar thermal, geothermal and ocean
thermal) and in the waste-heat of many man-made industrial processes
and engines, which burn fossil fuels. The Company intends to focus its
licensing, marketing and sales efforts for the HeatSeeker product-line
on the following applications and commercial targets:
1. Waste heat recovery from coal, natural gas and nuclear power
plants.
2. Industrial boiler, furnace and process heat recovery.
3. Hydraulic construction equipment tailpipe exhaust heat recovery
4. Hydrogen vehicle fuel cell waste heat recovery.
5. Hybrid vehicle gasoline engine exhaust heat recovery.
6. Rooftop solar-thermal heat-to-electricity conversion.
7. Geothermal heat recovery
For complete information and a description of the Encore
HeatSeeker, please go to www.EncoreCleanEnergy.com.
This release contains certain forward- looking statements
regarding potential future events and developments affecting the
business of Encore Clean Energy, Inc. These forward-looking statements
involve known and unknown risks, uncertainties and other factors not
under Encore Clean Energy, Inc's control which may cause actual
results, performance or achievements of Encore Clean Energy, Inc to be
materially different from the future results, performance,
achievements or other expectations expressed or implied by these
forward- looking statements.
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY UTILITIES MANUFACTURING ENGINEERING NATURAL RESOURCES AGRICULTURE ENVIRONMENT PERSONNEL
SOURCE: Encore Clean Energy
CONTACT INFORMATION:
Encore Clean Energy
Dan Hunter, 604-691-6518
info@encorecleanenergy.com
www.encorecleanenergy.com
cabvineyard..complain to his editor..that would fix things quickly..
Same here..LOL
Dateline to Air Stockgate Segment April 10th
by Mark Faulk
After over a year of promises, postponements, and delays, Dateline finally confirmed today that they will air their report on the stock market scandal on Sunday, April 10th, at 7 pm ET. The segment, dealing with the scandal dubbed "Stockgate", has long been anticipated by advocates pushing for reform in the stock market, and was first confirmed by The Faulking Truth last June. This is an excerpt from that article:
"It's been called the biggest financial scandal in the history of the world, with incurred losses estimated by some experts at well over $1 trillion dollars. It's a scandal that involves over 1,200 offshore hedge funds, over 150 US brokers, and has already bankrupted over 7,000 US companies in the past six years. According to many of the lawsuits filed to date, the crooks include terrorist groups and organized crime syndicates. Sources say that this scandal, which involves an intricate system of selling electronic counterfeit shares of stock in an effort to destroy the market value of small publically traded companies by utilizing a method known as "naked short selling", will eventually implicate almost every major broker in America, all of the governing bodies that oversee trading, and will extend into Canada and Europe."
Sources at the time told us that the Dateline story contained information that would "blow the roof off of this scandal", and that Dateline had already filmed over 100 hours of explosive footage, with interviews from class action attorneys John O'Quinn (of the Houston law firm of O’Quinn, Laminack and Pirtle), and Wes Christian (of Christian, Smith, Wukoson and Jewell), who along with the law firm of Heard, Robins, Cloud, Lubel & Greenwood, who are representing clients in dozens of lawsuits filed against the SEC, the DTCC, and several of the country's largest brokerage firms.
http://www.faulkingtruth.com/Articles/Investing101/1022.html
CMKX and...CIA Director John Deutch .. http://cmkxdiamond.proboards32.com/index.cgi?board=general&action=display&num=1112054704
Former CIA Director John Deutch is on the Citigroup Board Of Directors , he is very good friends with Robert Maheu BOD of CMKX. Citigroup has total assets of $780 billion. Kenneth D. Der was former chairman of the ChevronTexaco Crporation who is also friends with Mr. Maheu! He is also on the Citigroups BOD! There is no Debeers, There is no scam, This all leads to Citigroup Buying casavant out! Also, got a phone call today that solidifies my statements and position on this!! P.S. will respond to CDLIC Post momentarily!
3 years X 33 M = 100 M ..sounds fine to me..never said 12M
You say: Thai tags might conceivably total $30-40 million per year.
Well a 3 year contract would do some nice damage.
They must taste good.
A contract would probably be for a number of years I'd guess...am hoping very hard for something around a 100 million..lol..ya gotta stay positive and think big...maybe a bit delusional! ROTF...
Hope the PP situation can be solved quickly.
..yumm..yumm...
---In other developments, with the recent appointment of Thailand's new Minister of Agriculture, Advanced ID is expected to resume its negotiations to secure a contract for livestock identification and trace back of chickens, pigs and cattle.---
CMKX board action..From: Drex 3/28/2005 1:50:22 AM
Read Replies (1) of 4038
Getting good.
A guy named accadacca posts this weekend that his brother in law told him CMKX buyout this week. He is eaten alive on the boards. A well known poster named Briwadd tells him to prove it and accadacca gives his phone number to him. Briwadd comes back on saying it may be true. I went back and checked accadacca's previous posts....doesn't seem the bullchitting kind. I rate this a good rumor!
________________________
accadacca
Dr. Of Diamonds
Posts: 121
OK People, Just got back from Easter Dinner
« Thread started on: Mar 27th, 2005, 9:44pm »
Pulled BIL aside and asked him to let go of info, and he said, Quote, "pr of buy out by Friday", You have to beleive me when I say he is a stone cold lock, no BS!!
__________________________
accadacca
Dr. Of Diamonds
Posts: 121
Re: OK People, Just got back from Easter Dinner
« Reply #31 on: Mar 27th, 2005, 9:54pm »
c'mon Tramp, no bs here Honest. I know I cant make you people beleive but I know for a fact bil said CG saw the results from the properties!!
________________________________
accadacca
Dr. Of Diamonds
Way above .01 EOM!!
_______________________________
_______________________________
Briwadd
God of Diamonds
Ok, Accalaccadacca, here is the deal...........I was one of your worst critics last night and I am upset that my peers ran you off before I had time to join in on the fun...
Why don't you PM me your phone number and I will call you to discuss this issue further..Obviously it won;t necesarily establish credibility; however, I would at least be able to confirm your not a 14 year old kid having a good time.............
Briwadd
____________________________________
Briwadd
God of Diamonds
I just got off the phone with Accadacca..You get a whole other perspective when you speak with someone on the phone. I still do not know this individual other than our phone conversation; however, I will not be posting anymore negative comments regarding this individual. He is apparantly not a 14 year old child having a good time at our expense. He provided me with additional info that would make many excited IF it comes to pass. He clarified his involvement with CMKX as well as his brothers in laws...This still remains a rumor; however, I am looking forward to this week...
Briwadd
CMKX thoughts..To: CBurnett who wrote (4033) 3/27/2005 10:32:50 PM
From: Drex of 4038
Wow! This below makes sense. BTW, I went and checked. The first PR after the Sask meeting was the prepaid Visa cards. The next PR was SGGM. Taking that into consideration, read this post:
http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=869748
By: holdnolonger
27 Mar 2005, 09:24 PM EST
Msg. 869748 of 869851
Jump to msg. #
Some thoughts about SGGM.
Is citigroup the entity behind SGGM.
Yes and No. SGGM is the NSS settlement pool. IMHO
Why was it rumored Urban was so excited about september?
Why did some of the reps at ameritrade say that they are NSS because of Urban. I heard this rumor one or twice last week.
If Citigroup has financed most of the CMKI to CMKX ordeal, wouldn't there be a conflict buying knight derivative and not cleaning up the NSS right off the start.
I think this is what may have happened.
Roger Glenn came up with a current valuation on CMKX.
Based on the valution Citigroup paid for Knights NSS problem with a tender offer.
When the deal was sealed SGGM was created to place the settlement into share structure such as SGGM's since there is little float and the AS is 950,000,000,000 these shares can actually act as restricted shares until issued by the company(SGGM)or CMKX reverse merged into SGGM you could get one share of SGGM for each shares of CMKX.
SGGM is par value of .01.
So you would more than likely get .01 or better.
My biggest question is how did Urban know(rumored) back in July about a .54 tender offer. I think Urban knew based on what citigroup settled Knight NSS problem with our current valuation. I think this explains why Roger Glenn was working for as agreed attorney between Citigroup and CMKX to get valuation and a settlement price of .54. But now that citigroup and knights problem is erase Roger Glenn puts the screw in the rest of the other MMs and brokers with the dividends and I would think that if the rest of the NSS want to settle up 7 months later, their price will be alot more than .54 if thats what citigroup/Knight derivative paid.
SGGM has been the odd ball in all of this. No board members, no claims, no PRS.
Which makes me come to the conclusion that it is basically a shell holding the money from the NSS settlements. As we can tell something HUGE is going on in CMKX trading and if Jay abode is correct on the VWAP thingy this money could be going into SGGM(shell)
Here what I think will happen.
CMKX will not go to court. VWAP settlement will continue and be all settled up by the end of next week. The following monday CMKX will give the SEC the finger and reverse merge into SGGM and we will get our tender offer.
This will clear up the NSS and basically leave no shareholders in CMKX. The only thing that SGGM will hold is CMKX assets and Urbans 200 billion shares for majority interest giving him control of the company.
Then whenever Urban deisres probably in June or July he can merge his CMKX/SGGM assets into CIM and IPO.
I think Citigroups goose got cooked on covering Knights shorts in CMKX but will make an incredible profit underwriting for a CIM IPO and holding at least 10% interest.
By: brauu on CMKX
27 Mar 2005, 09:59 PM EST
Msg. 183609 of 183616
Jump to msg. #
Accadacca on pro board 32 is claiming buy out by this friday.
OK People, Just got back from Easter Dinner
« Thread started on: Today at 9:44pm »
--------------------------------------------------------------------------------
Pulled BILL aside and asked him to let go of info, and he said, Quote, "pr of buy out by Friday", You have to beleive me when I say he is a stone cold lock, no BS!!