FREEDOM 51 !!!!!!!!!!!!!!!!!!!!!!!!
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GOMD bouncing again today on low volume
XSNX setting new highs
XSNX setting new highs now at 1.57
XSNX rebounding and now settings new highs again... unreal
AURC .24 x .242
FWGO looks good to go
Gold and Silver hit new highs.... Bodes well for APLL
http://today.reuters.com/business/newsArticle.aspx?type=ousiv&storyID=2006-01-31T114004Z_01_L317....
Gold and Silver hit new highs.... Bodes well for AURC
http://today.reuters.com/business/newsArticle.aspx?type=ousiv&storyID=2006-01-31T114004Z_01_L317...
Re:AURC I'm betting the mm's smell $$$$ on this one with the gold market being as hot as it is. Always hard to evaluate the pinkies so whether or not AURC has what they say they have is open for debate but it's definitely promotable. One thing that is easy to evaluate however and one thing that never changes is that the mm's are always out to line their pockets and like I say I bet the mm's smell money here and let it take off sooner or later.
FWGO .071 x .08 moving higher
FST closed at 1.60 all time high today
ATHO looks like a 1-5 reverse
http://www.secinfo.com/d12TC3.v2Wg.htm
ATHO Pre 14C out today
Stockwatch Detail 11:12:40 stocks
Siti-sites.com, Inc. (SITN.PK) Describes Patent Settlement Agreement
NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: SITN) -- Siti-sites.com, Inc. (formerly named Spectrum Information Technologies, Inc., and called "Siti" in its Report on Form 8-K) has had a civil suit pending since April, 2004 in New York State Supreme Court in New York County, described in earlier filings under the Securities Exchange Act of 1934 on Forms 10-K and 10-Q. The case was settled on the eve of trial on January 20, 2006. A summary of the terms of settlement follows:
Siti's 2004 complaint alleged that certain defendants wrongfully purchased its portfolio of patents on cell-phone and vehicular wireless technology. In response, each defendant denied all liability to Siti as to all claims, and there has been no admission of liability by any defendant. The settlement is a relinquishment of all claims by Siti in exchange for cash in the amount of $7,750,000, and an assignment of a percentage of future gross proceeds, if any, derived from Siti's former patent portfolio, as enhanced since the purchase. These amounts will be reduced by one-third to cover the contingent fees earned by Siti's Special Litigation Counsel, Green, Schaaf and Jacobson of Clayton, Missouri. Siti's initial net cash recovery will be approximately $5,150,000. This net sum will be received upon closing of the settlement agreement expected to occur by late February 2006. Loan advances by certain shareholders of $225,000 recently made, will be repaid, taking the net sum down to $4.9 million.
All proceeds from the settlement are "non-recurring" in nature. Siti has remained in liquidation since 2002, has no other business and is planning a liquidating dividend distribution to shareholders on the initial cash proceeds as soon as practicable. The net amount available will be about $4.7 million. It will be allocated pro-rata among shareholders holding approximately 30 million shares, for about $.15 per share distributed in this continuing liquidation of Siti.
Future Proceeds
The assignment to Siti of future Gross Proceeds (if any, and as defined), that are received by the defendant patent holding company (the "Patent Holding Company") after January 19, 2006, will consist of 15% of the first $10 million in Gross Proceeds, 20% of the next $10 million, and 25% of all Gross Proceeds in excess of $20 million. "Gross Proceeds" means all proceeds received by defendant Patent Holding Company from the entire patent portfolio, before any deduction for defendants' own counsel fees, costs and expenses of operations, salaries or other distributions to members of defendant Patent Holding Company. Siti is a senior creditor thereof, and claims no ownership interest in the patent portfolio or such Patent Holding Company.
Risk Factors
* Siti does not know how much, if any, in future Gross Proceeds are still obtainable from this patent portfolio, and ultimate results are very speculative. *Current or future changes in technology may affect the patent properties adversely. *Infringement litigation is costly, involves risk to the patent portfolio, and such Patent Holding Company must obtain its own financing. *Siti's share of future Gross Proceeds is subject to these and other business risks in such Patent Holding Company. *The settlement has been reached after protracted litigation, and requires ongoing monitoring under its disclosure terms by Siti as a creditor. *Under the settlement, Siti cannot exercise any control over licensing or other decisions that could generate or otherwise impact Gross Proceeds. *No assurance can be given that anything more than the initial net cash value in this settlement will be received by Siti. *Future proceeds to Siti are also
Next
KTWO 8K out today
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) January 24, 2006
K2 DIGITAL, INC.
--------------------------------------------------------------------------------
(Exact name of registrant as specified in its chapter)
Delaware 1-11873 13-3886065
---------------------------- -------------------- -------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
c/o Law Offices of Thomas G. Amon
500 Fifth Avenue, Suite 1650, New York, New York 10110
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 810-2430
Not Applicable
--------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
--------------------------------------------------------------------------------
SECTION 1. REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT
On January 24, 2006, the Registrant completed the sale of 1,000,000 shares of its convertible preferred shares to NPOWR Digital Media, Inc. ("NPOWR") a California corporation, at a purchase of $165,000. K2, its wholly-owned subsidiary, K2 Acquisition Corp. ("Merger Sub") and NPOWR intend to enter into a merger agreement whereby Merger Sub will merge with and into NPOWR. In connection with the merger, the shareholders of NPOWR will acquire a controlling interest in K2. NPOWR's designees will be appointed as directors of K2 and the Board and shareholders will approve a 3 x 1 reserve split of K2 shares such that the current shareholders of K2 own approximately 2.15 million post merger shares representing 5% of the post merger shares issued and outstanding.
Incorporated in California in July 2001, NPOWR Digital Media Inc. is poised to become one of the leaders in the next generation technology that fulfills the long-awaited promise of a convergence between television and the internet. As progressive websites increasingly focus on integrating rich media into otherwise dry presentations, NPOWR's proprietary technology is generating wide-ranging interest. The company's pilot initiative, stimTV(TM), will utilize its technologies in addressing the dramatically growing markets for interactive television and video-on-demand.
NPOWR's mission is to create practical technology and programming solutions for the dynamic iTV/VOD marketplace. The company expects its cutting-edge technology and related media products to establish it as a media industry leader in the delivery of personalized television programming. NPOWR's management believes that its technology, which facilitates the customization of programming from a database of stored media assets, will allow significant improvements and innovations to be brought to the growing market for interactive television (in/) and video-on-demand (VOD), as well as for on-line broadband media delivery to homes and businesses for entertainment, distance-learning, training, and marketing.
The parties anticipate closing the merger transaction as soon as possible. The transaction is subject to the normal conditions for closing, including satisfactory due diligence by the parties.
--------------------------------------------------------------------------------
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant had duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
K2 DIGITAL, INC.
(Registrant)
Date: January 25, 2006
By: /s/ Gary Brown
------------------------------------
Name: Gary Brown
Title: President
Principal Financial and Accounting Officer
COBN tough fill ignored my buy orders at higher than the ask at .0249 and .025 but they did fill me at the bid when the bid was .02..... go figure
FST tsx.x heading into breakout territory drilling to start shortly
Fortress Minerals finds 130 m of 7.12 gpt Au in Elena
2006-01-04 10:17 ET - News Release
Mr. Ron Hochstein reports
FORTRESS REPORTS ADDITIONAL EXTENSIVE HIGH GRADE GOLD TRENCH RESULTS FROM SVETLOYE PROJECT IN RUSSIA
Fortress Minerals Corp. has released results from 248 additional channel samples from trenches excavated at the Svetloye project in this past field season. Highlights from the Elena target include trench No. 11 that returned 130 metres grading 7.12 grams per tonne gold, including 7.3 metres grading 56.8 grams per tonne gold, and trench No. 13 where samples graded 2.74 grams per tonne gold over a channel width of 150 metres, including a 90-metre intercept grading 4.05 grams per tonne gold. Partial results have been received for trench No. 7/1 east, which returned 37 metres running 14.1 grams per tonne gold, including 19 metres grading 22.6 grams per tonne gold. Assays are pending on an additional 63.6 metres from this trench.
In addition, Fortress has received partial results from the first trench excavated at the Tamara prospect, another of the seven targets identified to date within the Svetloye project. Samples from this trench (trench No. 16) returned 50.5 metres grading 3.9 grams per tonne gold. Assays are pending on an additional 74.5 metres.
These trench sample results not only continue to indicate extensive high-grade gold concentrations at surface within the Elena target, but now indicate that similar high grades over impressive channel widths also occur at the Tamara prospect, 1.3 kilometres to the west-northwest.
Results from approximately 342 additional channel samples from the Svetloye project are pending.
A 10,000-metre drill program is scheduled to begin upon completion of a winter road that is currently under construction from the coastal town of Okhotsk to the Svetloye site.
Significant results are as follows.
SVETLOYE 2005 BATCH II TRENCH RESULTS
Elena trenches
No. Length Sample Interval Ave.
m interval length gold
m m gpt
11 130 0 130 130 7.12 (1)
incl. 23.7 31 7.3 56.77
and 101.7 110 8.3 pending
7/1
east 100.6 0 37 37 14.1
incl. 6.5 25.5 19 22.6
and 37 100.6 63.6 pending
13 150 0 150 150 2.74 (2)
incl. 4 94 90 4.05
14 94 9 74 65 1.02
1/1
east 12 0 12 12 0.49
1/2
west 12 0 12 12 1.97
2/2
west 27.4 0 27.4 27.4 0.81
Tamara trenches
16 125 0 50.5 50.5 3.90 (3)
50.5 125 74.5 pending
(1) Includes a two-metre interval grading 171.8 grams per tonne gold, which when cut to the average of the adjacent samples (14.85 grams per tonne) reduces the overall grade to 4.71 grams per tonne gold over 130 metres. The interval includes 8.3 metres at zero grade where assays are pending.
(2) Includes previously released results for the interval from 78 to 92 metres.
(3) Includes intervals of 3.2 metres and 1.7 metres at zero grade where samples could not be collected.
Fortress has an option to earn an 80-per-cent interest in the Svetloye gold project from Phelps Dodge Exploration Corp.
Thomas Bowens, MSc, PGeo, vice-president of exploration, a qualified person as defined by National Instrument 43-101, has reviewed and verified the technical information contained in this news release. Samples were crushed at the Polymetal Khakanjah prep laboratory facility in Okhotsk, Russia, and samples shipped to American Assay Laboratories Inc. in Sparks, Nev., for fire assay. Check assaying of select samples and other tests will be undertaken as per the company's quality control program.
We seek Safe Harbor.
GPG tsx.v starting exploration on the Merry Widow property shortly. The company has a new president and recently signed up with Sutherland Communications to provide investor relations.
Grande Portage stakes 5,239 hectares in Merry Widow area
2006-01-10 05:13 ET - News Release
Mr. Derek Sutherland reports
GRANDE PORTAGE SIGNIFICANTLY INCREASES AREA AROUND ITS MERRY WIDOW PROPERTY
Grande Portage Resources Ltd. has significantly increased its mineral claimholdings by staking new ground totalling 5,239 hectares immediately south and east of its current holdings at its Merry Widow project near Port Hardy on northern Vancouver Island, B.C. The original holdings comprise an option on 45 Crown-granted claims in addition to a five-unit and 20-unit claim block totalling in excess of 1,000 hectares.
The company has also reached an agreement in principal with Red Lake Resources Inc. to earn up to 75 per cent of the 1,423 hectares held under option by Red Lake in the Teihsum River area, adjoining immediately southwest of the company's Merry Widow project. Red Lake must issue a further 200,000 shares under its option to the underlying property owner. The company must make cash payments totalling $90,000 over three years to the underlying property owner and spend a total of $1.0-million on exploration on the property, consisting of: (i) $500,000 in exploration on the property by Nov. 1, 2008, to earn a 50-per-cent interest in the property; and (ii) an additional $500,000 in exploration by Nov. 1, 2010, to earn an additional 20-per-cent, for a total interest of 75-per-cent. Grande Portage will be the operator throughout. The property will also be subject to a 2.5-per-cent net smelter return royalty to the underlying property owner. The agreement is subject to acceptance by the boards of both companies and approval of the TSX Venture Exchange.
Finally, the company has also negotiated the right of first refusal on options to purchase two smaller, but strategic, parcels of claims, adjacent northeast and northwest to its current Crown grants. For a cash payment of $5,000 on each property, the company will have 90 days to conduct due diligence on the claims, which would add another 329 hectares to Grande Portage's holdings. Should it exercise its options, or either of them, the company would be required to make cash payments totalling $100,000 on each property to be acquired over three years and issue 400,000 shares on each property over three years. Each of the properties will be subject to a 3.0-per-cent net smelter return reserved to the original owners.
In summary, the company now owns or controls through option agreements a total area surrounding the former producing Benson Lake mine in excess of 8,000 hectares.
Northlands Resources NAU tsx-v
I attended the mining conference in Vancouver this weekend and Northlands seemed to attract quite a bit of attention to their booth. It's being pushed heavily in Europe and they are also receiving attention from newsletter writers.
http://finance.yahoo.com/q?s=NBS.F
Lundin says buy Northland for IOCG projects, management
2006-01-18 09:14 ET - In the News
In the December, 2005, edition of the Gold Newsletter, Brien Lundin says buy Northland Resources Inc. because of the strength of its management and the potential of its IOCG projects. Mr. Lundin said buy North American Gold, now trading 55 cents, at 48 cents in April, 2005. An investment of $1,000 would now be worth $1,117.05. The company recently decided to change its name from North American Gold, due to its landholdings in Sweden and Finland. The company's recent follow-up holes on Stora Sahavaar in Sweden encountered iron grades of 45.2 per cent iron and 0.08 per cent copper over 47 metres. The company will now shift its attention to Finland. The company is working on extensive relogging and reassaying on historic drill core at the Hannukainen IOCG district. Reinterpretation of data has shown an 800-metre-by-200-metre-wide copper-gold anomaly extending to 200-metre depths. The company will finance further Hannukainen and Stora Sahavaar exploration with a recently announced $2.2-million private placement. The money will also finance development work on the Norra-Barsele project in north-central Sweden.
Re:COBN tough fill ignored my buy orders at higher than the ask at .0249 and .025 but they did fill me at the bid when the bid was .02..... go figure
re: HNTM I was in Vancouver at the mining show on the weekend and talked to Tim Hunt and was very impressed with the direction they are taking with HNTM. Ground floor opportunity imo and if all the plans they have fall into place this will end up being a huge winner.
RHNL 8k out today
AURC only 7000 served today mm's not playing today... not yet anyway
WTMK my sentiments exactly
ITEK still no news release so this filing has only been noticed by few people. Still has a ways to go imo.
NPTU .15 x .20 now... hmmmm
ITEK .19 x .20 u/t
ASHN lengthy DEF-14C posted yesterday
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001193805%252D06...
AURC .08 x .09 interesting trader. Seems very illiquid at times especially when a seller shows up. Bid/ask will drop .02-.03 in no time on no trades. Overall however it seems it's heading higher.
HNTM looks like it's getting closer to being in play....
HuntMountain Resources Announces Patagonia Operations
Ticker Symbol: HNTM
SPOKANE, Wash. -- (Business Wire) -- Jan. 20, 2006
HuntMountain Resources (OTCBB:HNTM) is pleased to
announce its intentions to acquire and explore prospective precious
metal properties in South America, initially within the Patagonia
region of Argentina. HuntMountain is also pleased to announce the
appointment of Mr. Danilo Silva as General Manager of South American
Operations. Mr. Silva, of Buenos Aires province, is a field geologist
with more than ten years of experience exploring and developing
mineral deposits in Argentina for Yamana Resources, Platero Resources
and Buenaventura Mining Company.
¶ "Exploring in Patagonia offers HuntMountain Resources an exciting
opportunity to discover and develop gold and silver deposits in one of
the world's most prospective mining regions," said President and
Chairman Tim Hunt. "We welcome Danilo Silva to our team and believe
his extensive experience will add significant value to our exploration
efforts in South America."
¶ In addition to the new developments in Argentina, HuntMountain
Resources continues to evaluate exploration and advanced stage
precious metal properties for acquisition throughout North America,
including the Great Basin of the southwest United States, Canada, and
Alaska.
¶
In other news, HuntMountain Resources will have an exhibition
booth at the Cambridge House Vancouver Resource Investment Conference
January 22-23. Please take the opportunity to meet members of
HuntMountain's management and exploration team. Conference location
and information may obtained by visiting www.huntmountain.com.
¶ HuntMountain Resources is a U.S.-based junior exploration company
engaged in acquiring, exploring and developing precious and base
metals properties throughout North and South America.
¶ This news release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act and Section 21E of
the Exchange Act. Forward-looking statements are inherently subject to
risks and uncertainties, many of which cannot be predicted with
accuracy, and some of which might not even be anticipated. This news
release is neither a prospectus nor an offer to sell securities or
stocks in the company. It is intended for informational purposes only.
Contacts:
HuntMountain Resources
Steve Taylor, 509-892-5287
staylor@huntmountain.com
www.huntmountain.com
re:PCES looks like arca keeps popping up to scoop up stock then disappears for a while when ever stock starts to come out.
EGLY 8-KA out today with some financials
Hilites show revenues and profit growing nicely
Revenues for the year ended December 31, 2004 were $7,967,601, an increase of 16.9% from $6,815,744 for 2003. Our increase in revenues was mainly attributable to an increase in sales, particularly to customers in EU countries.
Income before taxes for 2004 was $1,378,439, an increase of $827,483 from $550,956 for 2003.
Three Months Ended June 30, 2005 Compared To Three Months Ended June 30, 2004
Revenues for the quarter ended June 30, 2005 were $1,412,675, an increase of 22% from $1,810,311 for the same quarter in 2004.
Revenues for the six months ended June 30, 2005 were $2,819,871, an increase of 32% from $2,138,862 for same period in 2004.
THMG .13 x .14 one I like
THMG only a matter of time.....
Gold on a tear today again....
Jan 20, 2006 09:56 NY Time
Bid/Ask 566.20 - 567.00
Low/High 555.40 - 567.30
Change +8.00 +1.43%
30daychg +73.70 +14.96%
1year chg +144.50 +34.27%
Charts...
Gold on a tear today again....
Jan 20, 2006 09:56 NY Time
Bid/Ask 566.20 - 567.00
Low/High 555.40 - 567.30
Change +8.00 +1.43%
30daychg +73.70 +14.96%
1year chg +144.50 +34.27%
Charts...
ARSC going through .20
ARSC at hod