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start we've been looking for
some volume today could be the start
nice buy today, setting up nicely for near future
how many more shares is there to sell jeez
WDSC next fast furious one in due time
nice add
wow selling continues,
lot of selling going on
vinny busted its legs
WorldSource Inc. Acquires Tubert International
Investment Bank KMA Capital, Inc. Structures $6M Agreement
PALM DESERT, Calif., Jan 03, 2007 /PRNewswire-FirstCall via COMTEX/ -- WorldSource, Inc. (Pink Sheets: WDSC) today announced that it has acquired Tubert International, LLC, a contract manufacturer based in Los Angeles, California. KMA Capital Partners, Inc. (Pink Sheets: KMCP) of Orlando, Florida, structured the $6-million acquisition of Tubert International as a wholly owned subsidiary for WorldSource.
"We, at WorldSource, along with the key strategists of KMA Capital have put together an aggressive growth plan for WorldSource, and the acquisition of Tubert International is the first and most important step of our plan," stated Brian Jue, CEO of WorldSource. "With this acquisition complete, we are now a revenue-generating, profitable company with a significant upside. Beyond the fundamentals this transaction adds to WorldSource, we are now tapped into a network that yields countless opportunities for future growth."
Tubert International was formed in 1998 and is a USA-based company dedicated to the overseas manufacturing of various industrial and consumer goods to its clients' specifications. Headquartered in Los Angeles, it has production offices in Hong Kong and import/export/manufacturing facilities in Ningbo, Wuhan, Hangzhou and Shanghai, China. The Company provides globally competitive manufacturing to a diversified U.S. and foreign clientele base, ranging from start-up companies to Fortune 500 and multi-national companies. Tubert International's manufacturing specialties are metals and plastics, and they are also able to produce components and finished goods of rubber, textiles, leather, glass, ceramics, composites, milled softwood, hardwood & bamboo products, and complete, packaged, point-of-purchase-ready products.
Maurice Tubert, president of Tubert International, said, "In 1998 we set out to build a world-class supply chain by maximizing our global relationships. We hit a million dollars in sales by year 2 and have grown every year since with 2006 revenue to eclipse $4.5 million. We've been profitable every year. By inserting our revenue-generating engine under the hood of WorldSource's machine, we believe the necessary components are in place to build a substantial company."
CEO C. Phillip Tubert of Tubert International, added, "WorldSource's acquisition of Tubert International represents the inception of a powerhouse company. The significance of this transaction is the fusion of substantial, diverse and complimentary networks and capabilities, plus the combined track record and highest ethical character of the management team. We anticipate constant project and deal flow that will propel the new WorldSource to the next level."
"The acquisition of Tubert International by WorldSource is a key component of our plan for WorldSource," said Doug Calaway, president of KMA Capital. "It is of considerable benefit to KMA Capital since we can now offer world-class product design, manufacturing, and distribution services to our clients."
"We are extremely excited about this transaction," added Bob Harrick, president of WorldSource, "and we would like to thank KMA Capital for its assistance in putting together this acquisition for us in such a rapid manner. They were the key to us getting this deal done."
WorldSource is a developer and distributor of products for the consumer marketplace. It has established an experienced management team with considerable expertise in the development, manufacturing, marketing and distribution of consumer products. WorldSource is structured to quickly and efficiently bring unique, beneficial products to consumers worldwide by utilizing a well-connected marketing network and extensive distribution channels. Management is actively seeking opportunities to develop product lines and distribute products.
Tubert International is a U.S. company dedicated to overseas manufacturing and supply of components and finished goods to its clients' design and specification. It offers a robust and diverse manufacturing resource and supply chain to its clients. It brings globally competitive and sustainable pricing together with the quality, dependability, accountability and dedication to detail and communication that comes by dealing with an American supplier -- without the pitfalls typically associated with overseas production and supply. The Company is headquartered in Los Angeles, with production offices in Hong Kong, import/export/manufacturing facilities in Ningbo, Wuhan, Hangzhou and Shanghai, China. For more information, please visit http://www.tubertinternational.com.
games going on here imo
WDSC runner potential, needs couple bids thou
buying some here
hope your right. going try and get few more here
SPSI bounce play?
dont like this
ABWG .041 x.045 on watch
any update? pps going in wrong direction
CJGH moving
beautiful dayyyyyyyyyyyyy
en fuego today
the BIG PUMP starting, multiple sites putting it out as stock of year
promo this weekend
MONA ,004 x ,006
holding well
MONA .006 difficult to fill
mona
news way overdue
more news
mm trying to induce selling lol
news out confirms sales projections for 2008
SKGO .0001x.0002 on alert
FRGY could be huge!
Goldman Sachs has predicted oil will hit $200 within the next two years!
FRGY is an exploratory oil and gas business headquartered in Las Vegas, Nevada.
FRGY engages in the acquisition, exploration, development, and operation of oil and gas reserves primarily in the Central Alberta region of Canada.
FRGY has 100% working interest on 160 acres of land situated in the Pembina Oil Field in Alberta, Canada.
Oil prices have come along way since it traded a little over $60 a year ago!
There was a time when no one thought oil would go over $80!
According to the Annual Energy Outlook 2007, total natural gas consumption in the U.S. is projected to increase from 22.0 trillion cubic feet in 2005 to 26.1 trillion cubic feet in 2030!
These high oil and gas prices are showing investors that drilling and production projects are a smart investment.
FRGY specializes in oil gas exploration, oil condition monitoring, oil extraction, oil pumps, offshore drilling rigs, and an array of other products and services.
Last week FRGY announced that it is increasing its portfolio of prospects to include up to 20,000 acres located in a Western U.S. state.
Based upon geologist's initial reports, the prospect has been estimated to have potential reserves of 50,000,000 barrels of oil for the entire prospect.
FRGY will have a 75% working interest in this prospective lease. This information has not been proven yet and further reports and work will have to be done to confirm these numbers in detail once the acquisition is complete.
FRGY has begun working with a well established venture capital corporation to fund the initial exploration and the ability to drill its first well on the property to ensure the success of this prospect.
FRGY CEO, Mr. Robert Genesi said, "We are extremely excited about this acquisition and its potential that it brings to our shareholders. In addition, we will shortly update our shareholders on our other leases as well as corporate activity."
FRGY CEO Bob Genesi also commented, "We are extremely pleased to have been given the opportunity for this lease. We are cautiously, but optimistically, excited about the possibility of this becoming our largest oil reserve in our lease portfolio. As we have stated in prior releases, we are now aggressively pursuing leases and look forward to informing our shareholders of our rapid progress."
The world relies heavily on oil and gas!
FRGY realizes that as the population increases, so will the demand for natural gases.
Currently the world has over 6 billion people! The United Nations has projected that the number of people in the world will be over 9 billion by 2050!
In March, FRGY announced completion of its lease acquisition on its Black Forest prospect, located in Crook County, Wyoming.
FRGY owns an undivided 25% working interest in this property with the option to increase its working interest to 75%, based upon completion of the terms of the previously stated joint venture agreement.
The target in this well-defined structural prospect is a reservoir in the Cambrian formation at approximately 4,000 ft., which is believed to contain major oil reserves. Drilling sites in surrounding areas of the Black Forest property have exhibited encouraging gas and oil shows in the samples from comparable Cambrian zones. The calculated possible reserves are approximately 13.9 Million barrels per section and a total reserve projection of approximately 100 million barrels of oil, based upon production of surrounding properties.
In conjunction with the company's joint venture partner, FRGY is expecting to commence drilling on the Black Forest property in the 2nd Qtr of 2008.
FRGY will be looking to announce, in the near future, additional leases from existing and developing oil reserves in other areas to solidify near- and long-term cash flow for the company.
FRGY CEO Bob Genesi comments, "We are completing and implementing our business plan at a quicker pace than expected. We look forward to announcing these exciting developments of what the Frontier team has accomplished and is accomplishing, in the very near term."
FRGY and other oil exploration companies make it possible for us to live.
Imagine not having a transportation industry or even plastics!
Plastic is made from petrochemicals and the main ingredient in petrochemicals is oil!
The U.S. plastics industry depends on oil and employs 1.1 million workers and provides more than $341 billion in annual shipments!
So many things today are made from plastic.
FRGY knows that oil and gas are also essential to farming!
Modern farming relies on tractors and machines that need oil to run.
FRGY is in a sector that contributes a lot to the world that we live in.
FRGY's goal is to build a solid portfolio of assets through the acquisition of leases and explore and develop the opportunities on the individual leases.
If you would like more information on FRGY, make sure to check out their website at: http://www.frontierenercorp.com
Happy Trading!
TheStockster
stockster put out alert on FRGY
nice start to the day, lets see .04+
BZTG .03 x .033 keeps rolling
another good day today should test .04 hopefully
3s gone
more to come
3 wall almost gone