Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
buying XRMD on news.
ADSX-weeeeeeeeee!!
up-aasi,adgi,cngg(arabianfrancine)
THTH news-
( BW)(THINKPATH)(THTH) Thinkpath Appoints Two Strategic Partners
Business & High-Tech Editors
TORONTO--(BUSINESS WIRE)--March 19, 2002--Thinkpath Inc., (Nasdaq:THTH), a market leader in IT and Engineering solutions, today announced the appointment of two strategic partners; Vantage Point Capital and Ogilvie Rothchild.
Vantage Point Capital, (VPC), a cutting edge Investor Relations firm, will be providing the assistance and expertise that will allow the Company to build market awareness and shareholder value, thus creating opportunity for the Company to realize its full potential.
Ogilvie Rothchild Inc., (OR), a strategic marketing communications firm, will provide immediate and long-term support for the Company's growth plans. Ogilvie Rothchild will assist the company with, upgrading of its corporate image, enhanced marketing materials and reformulation of its business plan.
"It's a terrific combination," says Declan French, Chief Executive Officer of Thinkpath Inc. "As Thinkpath continues to grow and expand their IT and Engineering services solutions, Vantage Point Capital and Ogilvie Rothchild are uniquely qualified to contribute to the success and momentum of the company."
In other news, Thinkpath Inc. has also received notice from Staff of The NASDAQ SmallCap Market that for inclusion under Marketplace Rule 4310(c)(4) the Company's common stock has closed below the minimum $1.00 per share requirement. In accordance with Marketplace Rule 410(c)(8)(D), the Company will have until at least August 13, 2002 to regain compliance. Compliance consists of the Company's common stock bid price closing at $1.00 per share or more for a minimum of 10 consecutive trading days.
About Thinkpath
Thinkpath Inc. is a provider of IT & engineering services, offering a blended suite of outsourcing, recruiting, training and technology to enhance the resource performance of large and high-growth corporations. Thinkpath clients include Microsoft, General Motors, Goldman Sachs, and Cummins. Further information about the company, its services and products can be found at www.thinkpath.com.
About Ogilvie Rothchild
Based in Oakville, Ontario, Ogilvie Rothchild is a marketing communications firm that specializes in assisting emerging companies, by better positioning them to attract equity partners through strategic planning and communications. The Company has worked with some of the leading technology companies in North America and worldwide. Further information can be found at www.ogilvierothchild.com
About Vantage Point Capital
Vantage Point Capital, (VPC), is a cutting edge Investor Relations firm that targets client companies that are poised for extreme high growth. VPC seeks undervalued technology companies that have strong fundamentals and a large competitive advantage. Through industry relationships and specialized services VPC build's market awareness and shareholder value, thus creating opportunity for the Company to realize its full potential. Further information can be found at www.vantagepointcapital.com
Forward-looking Statement
This press release contains certain forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.
--30--jsw/clv*
CONTACT: For Investor information:
Vantage Point Capital
Deborah Bayne, 905/844-3748 or
ADGI-gapper in the a.m.,in at .052.
WLSY might break 3.50 today with a little more buying.
weekly-CNGG(arabianfrancine).
Grabbed 100k @ .015.weeeeeeeee!!
CNGG-
March 18, 2002 06:30:00 (ET)
LAFAYETTE, La., Mar 18, 2002 (BUSINESS WIRE) -- Cambridge Energy Corporation (OTCBB: CNGG), an oil & gas exploration and production company with producing properties in Louisiana, today announced the closing date for its acquisition of oil and gas properties in Western Texas is Thursday, March 21, 2002.
Under the terms of the acquisition, Cambridge will purchase the assets from Southwin Financial, Ltd. for $7,178,523 in Cambridge Class AA Preferred shares. These preferred shares are convertible into common stock of Cambridge at a conversion rate of $3.00 per share.
Perry West, Chairman and CEO of Cambridge Energy stated, "We are thrilled with the acquisition of this property which adds significantly to our asset base and expands our operations into West Texas, an expansion we believe will translate into significant revenue and profits for the company."
Michael Childers of Southwin Financial stated, "We are very excited about the closing of our first transaction with Cambridge. This closing marks the beginning of a planned series of acquisitions that we will be pursuing with Cambridge. We are committed to helping the company grow while preserving their capital structure. Our focus is on Cambridge's potential valuations after these acquisitions."
As previously announced, Cambridge entered into a definitive agreement for the acquisition of oil and gas properties in Western Texas with significant proven, probable, and exploratory reserves. The total value of proven reserves of this first part of the acquisition is $40,830,402.
The acquisition is the first transaction in an ongoing partnership with a well-established Texas oil and gas company, which will precipitate further proven reserve acquisition opportunities. This property represents a 50-well drilling program for Cambridge Energy Corporation on the proven Caballos structure. Discoveries and field developments by other companies in the area include Exxon, Tennaco, Shell, Unocal, Fina and Texas Pacific Oil Company.
This press release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Acts of 1995. While these statements are made to convey to the public the Company's progress, business opportunities, and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the Company's periodic filings with the U.S. Securities and Exchange Commission.
CONTACT: Cambridge Energy Paul Lovito, 954/346-5799 ext. 11
I would think CNGG has a lot more left with that news.
CNGG moving.
Bought CNGG and more IDNW.
up-nrld,evtv,wldi(arabianfrancine)
Arch-for an idea of the timetable re IDNW-http://ragingbull.lycos.com/mboard/boards.cgi?board=IDNW&read=11793
in LUMM @ .33,ADSX @.44(on rumor of split).
AQCI-now .13x.135,.20 next week?
Arch-re IDNW-http://biz.yahoo.com/t/i/idnw.html
down-PLTS(arabianfrancine)
Arch is buying my IDNW-http://www.investorshub.com/boards/read_msg.asp?message_id=302912
up-AQCI,FATS,HIGP(arabianfrancine)
FLNT news-FuelNation's Move is Complete and Bond on Track
DAVIE, Fla.--(BUSINESS WIRE)--March 14, 2002--FuelNation Inc. (OTCBB:FLNT - news) today announced the move to the town of Davie is complete and the Bond funding is on track.
Chris Salmonson, CEO of FuelNation stated, ``We are extremely pleased with the relocating of our offices to the Town of Davie, and are very confident we should begin the development of the Travel Center construction this year for our new headquarters. The move was very trying at times and the programmers and engineers did a stellar job of overcoming all obstacles. The new office gives us better access to the Travel Center and more usable work space.''
``We feel confident that the commitment for funding the Municipal Taxable Bond Issue can still be obtained this quarter. We were required to post a direct pay letter of credit for the cost of issuance and shortfall interest letter of credit with the Trustee prior to finalizing the bond negotiations. The letter of credit is required to be an amount equal to approximately $10,000,000 dollars to guarantee the cost of the bond issuance and any short fall on the interest payments. Thank GOD that we were able to get a commitment for this letter of credit as fast as we did, with many thanks to all involved.''
``We are completing our year-end audit with our new auditors Moore Stephens, P.C. and will be finalizing the structure of the company prior to funding the bond. We will be dividing FuelNation into two companies. The Technology will be operated under FuelNation Online for the complete management of the high-speed networks, broadband development and R2R solutions. The Acquisitions of Petroleum Marketers will be operated under FuelNation Petroleum. We are currently in the process of selecting key management for the two companies to assist with the acquisitions, expansion and development. The listing on a new exchange is on target and we will be trying to finalize the listing with the funding of the bond.''
Included in this release are ``forward-looking statements.'' Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors.
--------------------------------------------------------------------------------
Contact:
FuelNation Inc., Davie
up-FLNT,SBTI,IDNW-(Ed aka arabianfrancine)
FLNT news-FuelNation's Move is Complete and Bond on Track
DAVIE, Fla.--(BUSINESS WIRE)--March 14, 2002--FuelNation Inc. (OTCBB:FLNT - news) today announced the move to the town of Davie is complete and the Bond funding is on track.
Chris Salmonson, CEO of FuelNation stated, ``We are extremely pleased with the relocating of our offices to the Town of Davie, and are very confident we should begin the development of the Travel Center construction this year for our new headquarters. The move was very trying at times and the programmers and engineers did a stellar job of overcoming all obstacles. The new office gives us better access to the Travel Center and more usable work space.''
``We feel confident that the commitment for funding the Municipal Taxable Bond Issue can still be obtained this quarter. We were required to post a direct pay letter of credit for the cost of issuance and shortfall interest letter of credit with the Trustee prior to finalizing the bond negotiations. The letter of credit is required to be an amount equal to approximately $10,000,000 dollars to guarantee the cost of the bond issuance and any short fall on the interest payments. Thank GOD that we were able to get a commitment for this letter of credit as fast as we did, with many thanks to all involved.''
``We are completing our year-end audit with our new auditors Moore Stephens, P.C. and will be finalizing the structure of the company prior to funding the bond. We will be dividing FuelNation into two companies. The Technology will be operated under FuelNation Online for the complete management of the high-speed networks, broadband development and R2R solutions. The Acquisitions of Petroleum Marketers will be operated under FuelNation Petroleum. We are currently in the process of selecting key management for the two companies to assist with the acquisitions, expansion and development. The listing on a new exchange is on target and we will be trying to finalize the listing with the funding of the bond.''
Included in this release are ``forward-looking statements.'' Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors.
--------------------------------------------------------------------------------
Contact:
FuelNation Inc., Davie
Skeena-re XDGI,when will they let the dogs out?
eConnect to Issue Dividends of One Share of eGS, Inc., Its Newly Created, Wholly Owned Subsidiary, for Each 100 Shares Held by eConnect Shareholders of Record as of April 3, 2002
SAN PEDRO, Calif., March 14 /PRNewswire-FirstCall/ -- eConnect (OTC Bulletin Board: ECNC - news) today announced that eConnect will issue one share of eGS stock per 100 shares of eConnect stock to shareholders of record as of April 3, 2002. eGS intends to apply to the American Stock Exchange to go public at a later date this year.
``eGS is currently a privately held subsidiary of eConnect that has been formed with the strategic goal of positioning itself as an Internet agent for future state regulated and licensed games of chance and skill,'' said eConnect Chairman and Chief Executive Officer Thomas S. Hughes. ``These games will be played from home at Internet web sites that are state licensed or state run with same-as-cash devices such as the eCashPad. eGS anticipates generating an agent fee for various services.''
eGS currently has a service contract with Bentley Communications (OTC Bulletin Board: BTLY - news), which is focused on establishing same-as-cash services for its Off Track Betting On Line.com web site. As previously announced, Bentley has placed an order with eConnect for 100,000 eCashPads to be delivered this year.
The eConnect eCashPad will deliver same-as-cash payments through the service of PlayersCash smart card as developed by Performance Technologies. Consumers will be able to use their eCashPad to load their PlayersCash smart card through CashMover.net. This will give consumers access to their personal checking account and enable them to move funds to their PlayersCash smart card.
eConnect shareholders should not call Corporate Stock Transfer, as the eGS shares are not currently registered under the Securities Act of 1933 and will be issued to eConnect shareholders by eGS. If you have eConnect shares listed in street name with your broker, then the eGS shares will be issued to your broker, who will then distribute the shares to you. If you have your name and address listed at Corporate Stock Transfer, then eGS will directly mail your eGS stock certificate.
Safe Harbor:
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
For further information, please contact: Media, Roger Gillott, Sitrick And Company, +1-310-788-2850, for eConnect; or Investors, Manny Vavolizza of eConnect, +1-845-626-3732.
SOURCE: eConnect
Email this story - Most-emailed articles -
ECNC news-eConnect to Issue Dividends of One Share of eGS, Inc., Its Newly Created, Wholly Owned Subsidiary, for Each 100 Shares Held by eConnect Shareholders of Record as of April 3, 2002
SAN PEDRO, Calif., March 14 /PRNewswire-FirstCall/ -- eConnect (OTC Bulletin Board: ECNC - news) today announced that eConnect will issue one share of eGS stock per 100 shares of eConnect stock to shareholders of record as of April 3, 2002. eGS intends to apply to the American Stock Exchange to go public at a later date this year.
``eGS is currently a privately held subsidiary of eConnect that has been formed with the strategic goal of positioning itself as an Internet agent for future state regulated and licensed games of chance and skill,'' said eConnect Chairman and Chief Executive Officer Thomas S. Hughes. ``These games will be played from home at Internet web sites that are state licensed or state run with same-as-cash devices such as the eCashPad. eGS anticipates generating an agent fee for various services.''
eGS currently has a service contract with Bentley Communications (OTC Bulletin Board: BTLY - news), which is focused on establishing same-as-cash services for its Off Track Betting On Line.com web site. As previously announced, Bentley has placed an order with eConnect for 100,000 eCashPads to be delivered this year.
The eConnect eCashPad will deliver same-as-cash payments through the service of PlayersCash smart card as developed by Performance Technologies. Consumers will be able to use their eCashPad to load their PlayersCash smart card through CashMover.net. This will give consumers access to their personal checking account and enable them to move funds to their PlayersCash smart card.
eConnect shareholders should not call Corporate Stock Transfer, as the eGS shares are not currently registered under the Securities Act of 1933 and will be issued to eConnect shareholders by eGS. If you have eConnect shares listed in street name with your broker, then the eGS shares will be issued to your broker, who will then distribute the shares to you. If you have your name and address listed at Corporate Stock Transfer, then eGS will directly mail your eGS stock certificate.
Safe Harbor:
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
For further information, please contact: Media, Roger Gillott, Sitrick And Company, +1-310-788-2850, for eConnect; or Investors, Manny Vavolizza of eConnect, +1-845-626-3732.
SOURCE: eConnect
Email this story - Most-emailed articles -
zak,that's odd,I was just going to post about SBTI after seeing it mentioned on RB.
xxray-if that is so(infinite patience),IDNW is at its lows,I follow this one very closely,and have a large position,once filing comes out,a stream of pr's will follow,next 60 days will be very good to those with patience IMO,wouldn't be surprised if it breaks .10,if not more.
Bernard,one for your watchlist,am waiting for filing and string of pr's to follow-IDNW.
up-BTLY,IDNW,WLSY(arabianfrancine)
shac,I've noticed you like to get pre-positioned prior to a move,even when you have to wait a bit,check this out re IDNW(which I said to keep on the radar)-http://ragingbull.lycos.com/mboard/boards.cgi?board=IDNW&read=11709
up-xdgi,wlsy,idnw(arabianfrancine)
Weekly up-XDGI-(arabianfrancine)
I have one for the board to keep on their radar,IDNW,I'm in for 500k(avg.-.021),watch for the filing,along with a string of pr's due to come out any day,maybe this week.I also would like to thank the whole board for sharing the great picks you have,a great team effort,just wish I could be here every day,but work keeps getting in the way.
Skeena:re XDGI,could you elaborate a bit on the "double-digits"?TIA.