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60 million shares were canceled!
DRAKE GOLD RESOURCES
The Jackpot Placer project has evolved over the past months into a comprehensive metals mining project. Preliminary samples have revealed not only gold but also other metals such as copper and silver. This development has been the motivation for funding a broader full-scale sampling program which will focus on the potential for other revenue producing metals to augment overall project profitability. The company is driven to realize all of the possible assets in a given amount of paydirt. An aggressive sampling program will be the only way to quantify the makeup of each of the identified precious metals. A timetable will be released to compliment the program.
Other projects that are currently being considered include the Dragoon Property, per the directive of previous management. This is not to say that expansions will be limited to eastern Arizona. A slate of properties are in various stages of development. These will include properties in Canada and other areas that for competitive reasons must remain unnamed. All new and current projects will be subject to internal review by incoming management.
DRAKE OIL AND GAS
As the Drake Oil and Gas entity develops, the company is taking steps to deliver on its promised dividend of 30 million shares to be divided equally by company shareholders. Delays were caused by a circumstance that involved the unauthorized issuance of stock. Subsequently, this stock has been recovered and thereby cancelled resulting in an outstanding share decrease of more then 60 million shares. Although inconvenient it was important that these shares be addressed so that a full accounting and equitable distribution be made to those investors of record who held fully authorized shares.
As this issue has been fully resolved Drake Gold Resources is now free to structure the new company and progress with project development unencumbered. With this resolution, management has proceeded to construct projects that will contribute to this new entity and create value for both the parent company and its shareholders. As these projects come to fruition, announcements will be made as strategy dictates.
MANAGEMENT MOVING FORWARD
The company has come far since Clayton Smith stepped in as interim CEO and President. With his leadership Drake Gold Resources has removed all major debt and a host of nagging concerns. Now it is important to recognize that with the resignation of Clayton Smith, Drake Gold Resources is moving from an internal structurally focused organization to a more outward project driven orientation. "I believe it was important for Drake to develop as an organization before undergoing this transformation," John Marconette, member of the board of directors said. DKGR will release information in the near term regarding newly appointed officers, directors, and advisory teams as well as a detailed look into the business model as it becomes available.
Seems as though mangement is getting it done from a investor relations standpoint. I bet with more news this will get big exposure. Having that kind of search exposure is big.
The substance is there. We will here about it very soon. This Press release looks to be a precurser to bigger things. Read the PR again and break it down. This PR is telling you to buy more shares before this move up and runs into the pennies.
Good morning guys and gals!
Check out DKGR krunk. This could be a nice runner this week and next.
I would sell out and move your money elsewhere to make up losses or pull profit. Good luck to you
It looks like the wait for DKGR is over. Bring on the pennies!
DKGR, news out today in after hours and it's rated a B+
Great news on DKGR. The silence is broken and more news is coming. This is exciting!!
DKGR just had news in after hours today. Looks like the chart is set up for a move up. Also, it looks like more news will follow shortly.
Why is HMGP trending down? Looks like a good company.
Hopefully there is a nice bottom bounce coming.
Glad I added shares last month. Like Isell says, buy when there is blood on the streets!
Great DKGR news! I am getting very excited about this company and stock again.
Z! any alerts coming in the next week or so? I need to make some money!
IVOT was big today. Do you know why?
ENZH and ICBM had great days yesterday. I sold ENZH this morning for a terrific profit but I did not play ICBM.
Very nice profit day for MGLG pretty.
NVMG looks good but it has too many bagholders. The company really needs some big news.
I noticed this as well. I added shares as i have stated before. I hope it stays low for another week or so because i want more shares.
This company and stock will do just fine. Many people who bought shares at these prices will make big profits.
I hope he is out of the stock because I would love to see him miss out.
Permits outside the U.S are easier to obtain and that is why many companies have properties outside the U.S. However, having a property in production in the U.S seperates us from the rest.
Add DKGR to this list. It is alreadt starting to uptrend.
POWN was a monster this week.
PEIX looks bottomed here.
Permits are MUCH easier to get outside the U.S.
It's looking good right now. Nice and steady uptrend is the key here.
VMHIF starting to move up. I have been watching this stock for some time. Nice move over the last few weeks.
I read that and posted it before. It is a great read and people should not listen to bashers.
Hello Millionaires!
It's looking good for those who bought at .0025 area I'm in the $$$$$$$
I just added some TNOG
PPBL NEWS
Premiere Publishing Group Spring Issues of Trump Magazine and Poker Life Magazine Receive High Praise From Advertisers and National & Local Newsstands NEW YORK, May 3 /PRNewswire-FirstCall/ -- Premiere Publishing Group, Inc. (OTC Bulletin Board: PPBL), an events and fully integrated consumer and custom publisher, announced today that it is receiving extremely positive feedback from advertisers and newsstands nationwide regarding the spring issues of Trump Magazine and Poker Life Magazine.
Michael Jacobson, publisher and editor of Trump Magazine and Poker Life Magazine, and Chief Executive Officer of Premiere Publishing Group, Inc., stated that, 'We are very excited that our advertisers and several newsstand chains have conveyed how pleased they are with the look and feel of both magazines. We therefore believe that we will sell more issues of these magazines on the newsstands nationally, and regionally in New York City than we have ever sold before.'
Trump Magazine's spring issues features Donald, Ivanka and for the first time, Don Jr. on the cover, with the tag line, 'Think Big -- Live Large.' This power issue includes an interview with Mr. Trump, his long-time friend Regis, and features on the best luxury hotels around the world, investment and golf tips, The Best Ever Awards (an event Trump Magazine will be producing this fall and readers can cast their vote now, so don't miss out entering today as you will be automatically entered into a contest to win a trip -- details inside the issue), Rolls Royce goes top less, and an up & close interview with Miss Universe, Zuleyka Rivera in a fashion statement that should not be missed.
Mr. Jacobson further stated, 'Orienting Trump Magazine for males and featuring Mr. Trump on covers has been very successful both on the advertising and newsstand side of our business. To date, our previous issue with Mr. Trump on the cover has been our most successful selling issue, with the issue with Ivanka Trump on the cover coming in a close second. We are very interested in seeing how having the three Trumps on the cover will sell.
Poker Life Magazine's spring issue features Shana Hiatt on the cover. The issue highlights game methods, The Line - sports betting in Las Vegas, Hollywood Player -- Eric Bana and the lifestyle surrounding poker -- with a tribute section entitled VICES -- cigars, libations and other men's favorite vices.
Poker Life Magazine is booming at Barnes and Noble, and is now in every book store and at over 14 hotel casinos in Las Vegas, at Foxwoods in Connecticut, and in Atlantic City at Trump Taj Poker Room, Borgata and others, and is selling extremely well on the newsstands nationwide.
About Premiere Publishing Group
Premiere Publishing Group (OTC Bulletin Board: PPBL) with its wholly owned subsidiaries Sobe Life, LLC -- publisher of Trump Magazine -- and Poker Life Magazine, LLC -- publisher of Poker Life Magazine, offers turnkey publishing solutions to corporations and brands. The Company publishes Trump Magazine and Poker Life Magazine. Trump Magazine is a men's luxury glossy that captures the essence of the Donald Trump experience and reflects the entrepreneurial passion and drive that have made the Trump name synonymous with opulence and business savvy. Trump Magazine is a dynamic publication targeted to a discerning readership of upwardly mobile, intelligent men who appreciate the best out of life. Trump Magazine is a quarterly magazine that chronicles the people and places that shape its readers' lives from the perspective of a 21st Century business and pop culture icon, Donald Trump. Poker Life Magazine is a national magazine that focuses on the popular game of poker and the lifestyle surrounding it.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. The forward looking statements include selling more of the spring issues of Trump Magazine and Poker Life Magazine than previous issues, Poker Life Magazine booming at Barnes and Noble, and entering into a contest to win a trip, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward- looking statements, including the risks set forth in the Company's Form 10-KSB filed with the SEC for its fiscal year ended December 31, 2006. Please see the Company's filings with the SEC at [LINK: http://www.sec.gov] www.sec.gov for additional information regarding risks and uncertainties, including the risk factors set forth in the Company's filings.
Contact: Ms. Miriyah Smith
Premiere Publishing Group, Inc.
(212) 481-6450
msmith@ppgmedia.com
www.ppgmedia.com
SOURCE Premiere Publishing Group, Inc.
Source: PR Newswire (May 3, 2007 - 3:02 PM EDT)
News by QuoteMedia
www.quotemedia.com
If they are smart, they will listen to Z and other here to make some real money.
Thats great news on PPBL Tina! I am holding that one longer term.
I added shares myself. I like these revwerse mergers deals. They always make money and solar energy is the big thing now.
I bought TNOG and make a real nice profit on this boards recomondation. I also bought some IGAm and will add more shares next week.
Welcome to the millionaires board. They are good at making money here.
I added some shares today at .21