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BLYM NEWS COMING..EOM
diatirbe could you plzz
post up a chart for
A G D H
thanks
AGDH
someone care to post up a chart ?
thanks
AGDH 0001X 0002
JUST LIKE RNVOE IT LOOK LIKE SOMEONE HAS BEEN ACCUMLATIN THIS POS TOO..
RNVOE
http://stockcharts.com/def/servlet/SC.web?c=agdh,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!Lc20]&pr...
wonder if quinn ON THE BID knowing this news?
BLYM
Billy Martin's is presently in negotiations with a prominent entertainment celebrity--herself an accomplished equestrian athlete who competed at both the collegiate and professional levels--to not only promote the new line, but also participate in its design.
blym goin bigtime
revamped website online ording with todays news....
exactaully what you need before you rool out nation wide!!!!!
BLYM -- Billy Martin's USA, Inc.
Com ($0.0001)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Billy Martin's to Blaze New Trails on the Internet Frontier
NEW YORK, Jun 6, 2005 (PRIMEZONE via COMTEX) -- Billy Martin's USA, Inc. (Pink Sheets:BLYM), the retail brand known for its apparel and accessory products with a "western" twist, announced today a joint-venture agreement with Strategic Growth Ventures, Inc. (Pink Sheets:SGWV) to launch an e-commerce marketing program dedicated to bringing the "best" of the "best of the west" to the world wide web.
According to Mike Elliott, CEO of SGWV, "Our wholly owned subsidiary, Strategic Net Media will provide design, hosting and e-commerce marketing services for BLYM, employing our own proprietary 'Net Launch Program' which offers an interactive, custom-tailored, web-based marketing hub consisting of a web site, mirror teaser site, Opt-in mass email marketing, direct mail and telemarketing."
In making the announcement, Doug Newton, founder and CEO of Billy Martin's said, "Our goal is to generate cost-efficient global revenues for the company, while capitalizing on our brand's true American heritage and lifestyle positioning. BLYM owns the trademark to 'Born & Bred in the USA' in the apparel classification."
"With Strategic Growth Ventures as a partner, we hope to showcase and market an ever-growing assortment of unique, high-value 'western lifestyle' products which will appeal to customers across the globe -- from Telluride to Tokyo and beyond."
Newton has also tapped the services of Burt Blum, creative partner of the marketing and design firm, LBK Group in New York City (aFreshEye@aol.com) to work on the new e-commerce campaign. They go way back.
Before founding Billy Martin's in 1978, Newton worked with Blum in the prestigious New York ad agency, Benton & Bowles, on accounts which included Procter & Gamble, General Foods, Gillette, Hasbro Toys, and the White House anti-inflation "WIN" campaign.
Blum said, "I've always taken pleasure in having been there when Doug took a tiny store called Billy Martin's and, without fear, established his turf right there in the middle of super-elite Madison Avenue. He brilliantly turned 'Cowboy' into his passion of 'western lifestyle' -- it was a little like the Cattle Ranchers vs. the Sheep Farmers in those days -- and has since become the major player and innovator of what has evolved into a major international fashion style."
About Strategic Growth Ventures:
Strategic Growth Ventures, Inc. (Pink Sheets:SGWV) invests in emerging growth companies with market-ready products, strong management teams, and strategies for developing high growth companies in well defined markets. SGW is dedicated to partnering with entrepreneurial management teams to build driven companies with leadership positions in their target markets.
Statements about BLYM's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect, or, for a variety of other reasons.
Billy Martin's USA, Inc. is not a reporting company registered under the Securities Act of 1934. Shares of its stock trade on the Pink Sheets under the symbol "BLYM."
SOURCE: Billy Martin's USA, Inc.
By Staff
CONTACT: Billy Martin's USA, Inc.
Doug Newton, CEO
(212) 861-3100 or (760) 324-6834
doug@billymartin.com
www.BillyMartin.com
(C) 2005 PRIMEZONE, All rights reserved.
-0-
INDUSTRY KEYWORD: Retail (Apparel)
SUBJECT CODE: INTERNET
APPAREL
Product Services Announcement
efcr nice bounce off 049 ..
last 0053
052 x 053 ...
efcr 056 x 058 ...eom
EFCR(4)054 X(2)058 DO THEY FELL PAIN YET?
BURN YOU SHORTS BURN
EFCR (3)054 X (1)055..EOM
EFCR 052 X 054 ..EOM
EFCR 049 X 05 ..
BURN YOU SHORTERS BURN
EFCR 048 X 049 ..
http://stockcharts.com/def/servlet/SC.web?c=EFCR
EFCR bid tightned 047x048 .eom
EFCR-- 200 DAY BREAK OUT ? 045 X 049
LET THE SHORT SQUEEZE BEGIN !!!??
yes PDVN goona reverse split june 8 th i belive
good luck
Premier Development & Investment, Inc. (OTC Bulletin Board: PDVN), announces that its Board of Directors has authorized a special one-time dividend of $3.50 Series A Warrants ("warrant") to holders of its common stock. Stockholders of record at the close of business on June 8, 2005 will receive one warrant for every 50 shares of common stock held. The payable date for this dividend has been set for June 13, 2005.
Each warrant will entitle its holder to purchase one share of common stock, post-reverse stock split which is scheduled to be effected prior to the opening of business on June 9, 2005, for $3.50. The non-trading warrants are non-transferable and shall expire on December 31, 2007, unless otherwise extended by Premier's Board of Directors. No fractional warrants shall be issued. Premier will file a Registration Statement with the Securities and Exchange Commission on Form S-3 for the warrants and their underlying common stock prior to the dividend's payable date.
Andrew L. Jones, Premier's Treasurer stated, "After witnessing the recent and dramatic decline in the market price of our common stock, the Board decided to provide its loyal stockholders with this special one-time dividend. Through this dividend stockholders will be allowed to participate on a larger foundation in any future gains in the price of our common stock as quoted on the OTC Bulletin Board."
efcr chart..
im seeking a second , or third opinion from the chart doctor"s" here ..what your opinions?
keeping in mind it has a short against the stock
and ready or close to breaking the 200 day movin ave...
thanks
HLNIV, OPINION PLEASE..
when they annouce a very popular female celberty..
where do you see this goin to?
in your opinion?
i got and opinion of some where in the 5 to 10 cent area...depending on how big the celbs name is....
BLYM -- WILL EXPLODE!!!
GAP IN THE AM?
Billy Martin's is presently in negotiations with a prominent entertainment celebrity--herself an accomplished equestrian athlete who competed at both the collegiate and professional levels--to not only promote the new line, but also participate in its design.
EFCR .. READY TO BREAK
200 DAY MOVING AVE...
and its short!!!!!
on sho list...
fight fight fight those shorters..
good luck guys...
efcr ready to explode short cover
its short ...
and they look top be covering
200 day moving avg well in our cross hairs...
when it breaks that
then they really start to cover!!!!!
http://stockcharts.com/def/servlet/SC.web?c=EFCR
USWE
UP AGAIN TODAY
MARKET CAP 16,000 DOLLARS
http://www.pinksheets.com/quote/company_profile.jsp?symbol=USWE
BLYM will explode
if the " right cleb" is announced
GOOD LUCK
MAY 20 2005
Billy Martin's is presently in negotiations with a prominent entertainment celebrity--herself an accomplished equestrian athlete who competed at both the collegiate and professional levels--to not only promote the new line, but also participate in its design.
anyone think
trading stopped 4 mins early on the nyse how much money was not traded?
CNBC Reports - Trading Halted at NYSE due to communications problem.
NO WORRIES ON BLYM
NEWS COMING
USWE -- UP AGAIN TODAY
005
4 MILLION O/S
GOOD LUCK
E F C R NEWS
0.037 CENTS
EFCR -- EGPI Firecreek, Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
EGPI/Firecreek Completes First Round $2 Million of a $4 Million Plan of Finance with Tirion Group; Provides Foundational Benchmark for Future Project Growth
EGPI Firecreek Inc. (OTCBB:EFCR) Board Chairman and Chief Financial Officer Dennis Alexander confirmed today that the first tier of financing with Tirion Group of the United Kingdom has been completed. Tirion's plan of finance for EGPI/Firecreek represents, when concluded over the next 10 days, an aggregate total of $4 million, and is part of an ongoing financing plan and relationship that envisions substantial project investments in the near future.
"This funding package allows our Firecreek Petroleum subsidiary to complete all of the preliminary work on our oil and gas rehabilitation projects in Russia and Romania including gathering of preliminary oil and gas reserve reports on the projects," said Alexander.
John R. "Rick" Taylor, president of Firecreek, added, "Our projects are now on a fast track. We anticipate completing the necessary work programs, budgets and timetables, required by our operating agreements, within 30 days. As soon as we receive the final certified oil and gas reserve reports, Firecreek's technical and operational teams will move into high gear."
EGPI/Firecreek previously had announced its joint venture with The Sahara Group and Russian oil firm Minneftegazstroi to develop and operate oil and gas fields in Russia. "We expect to be meeting later this month with The Sahara Group chairman, Rusbek Bisultanov, and the Minneftegazstroi general manager and technical staff to finalize the field development program of several proved, undeveloped Black Sea-area oil fields. At the same time, Firecreek will receive all preliminary geological data, and preliminary oil and gas reserve reports on all fields," Taylor said.
According to Chairman Alexander, "We appreciate the opportunity to work with Tirion. As a result of this funding package, EGPI/Firecreek has completed the payoff of previous funding obligations eliminating the need for a 5 for 1 reverse split of the company stock. Our plan of finance with Tirion Group and its chairman, Rupert Johnson, allows Firecreek to move quickly to lock down our projects in Romania and Russia along with evaluating other opportunities in former member countries of the defunct Soviet Union."
EGPI Firecreek Inc., through its Firecreek unit, is focused on oil production with an emphasis on acquiring existing oil fields with proven reserves, the rehabilitation of potentially high throughput oil fields, resource properties and inventories on an international basis.
For more information about EGPI Firecreek Inc. go to:
Firecreek Petroleum
www.firecreek.us
InterOilGas
www.interoilgas.com
David Christian
http://davidchristian.us/bio.asp
This release contains statements that constitute 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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, many of which are beyond EGPI Firecreek Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreek's filings with the Securities and Exchange Commission.
SOURCE: EGPI Firecreek Inc.
CONTACT: Firecreek Petroleum Inc.
George "Bud" Faulder, 817-937-4088
bud@firecreek.us
Copyright Business Wire 2005
Advertisements
USWE
4 MILLION O/S ........0025
http://stockcharts.com/def/servlet/SC.web?c=uswe
USWE -- U.S. Wireless Data, Inc.
Class A Com (No Par)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
U S WIRELESS DATA INC files Form 10QSB, Quarterly Report of Financial Condition
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-QSB
[X] Quarterly Report under Section 13 or Section 15(d) of the Securities Exchange Act
of 1934 for the quarterly period ended March 31, 2005
[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Commission File Number 0-22848
U.S. Wireless Data, Inc.
(Exact name of small business issuer as specified in its charter)
Delaware
(State of incorporation)
84-1178691
(IRS Employer Identification No.)
420 Lexington Avenue, Suite 2450
New York, NY 10170
(Address of principal executive offices, including zip code)
(646) 452-6128
(Registrant's Telephone Number, including area code)
Check whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past ninety days. Yes [ ] No [X]
As of May 16, 2005, there were outstanding 4,000,000 shares of the Registrant’s Common Stock ($0.01 par value per share).
Transitional Small Business Disclosure Format. Yes [ ] No [X]
U.S. WIRELESS DATA, INC.
TABLE OF CONTENTS
Page
PART I -- FINANCIAL INFORMATION
ITEM 1. Financial Statements
Consolidated Balance Sheet 3
Consolidated Statements of Operations 4
Consolidated Statements of Cash Flows 5
Consolidated Statements of Stockholders’ Equity 6
Notes to Consolidated Financial Statements 7- 14
ITEM 2. Management’s Plan of Operation 15- 19
ITEM 3. Controls and Procedures 19
PART II -- OTHER INFORMATION
ITEM 1. Legal Proceedings 20
ITEM 2. Changes in Securities and Small Business
Issuer Purchases of Equity Securities 20
ITEM 3. Defaults Upon Senior Securities 20
ITEM 4. Submission of Matters to a Vote of Security Holders 20
ITEM 5. Other Information 21
ITEM 6. Exhibits 21
SIGNATURES 22
2
Part I — FINANCIAL INFORMATION
ITEM 1. Financial Statements
U.S. WIRELESS DATA, INC.
CONSOLIDATED BALANCE SHEET
March 31, 2005
ASSETS
Current assets:
Cash and cash equivalents in escrow 51,000
Total assets $51,000
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accrued liabilities $11,000
Total liabilities 11,000
Commitments and contingencies
Stockholders' equity:
Preferred stock, 1,000,000 shares authorized as of
March 23, 2005; no shares issued or outstanding 0
Common stock, 19,000,000 shares authorized at $.01 par value
as of March 23, 2005; 4,000,000 shares issued and
outstanding as of March 31, 2005 40,000
Total stockholders' equity 40,000
. . .
more on BRSI
O/S APPROX 7.4 MILLION
JUST PAID DIVI IN APR OF 0.085 CENTS
good luc
BRSI -- Ballistic Recovery Systems, Inc.
Com (1 Cent)
SOUTH ST. PAUL, Minn., May 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ballistic Recovery Systems, Inc. (OTC Bulletin Board: BRSI) ( http://BRSparachutes.com ) reported today a total of $2,115,148 in sales for the second quarter of fiscal year 2005 ending March 31. This total represents an increase of $631,670 or 42.6% over the $1,483,478 figure reported for same period in fiscal year 2004. Fiscal year 2005 second-quarter and year-to-date revenue growth primarily reflects a combination of an increase in the number of after market General Aviation sales, Cirrus Design production increases and stronger overall sales in the sport product line. Ballistic Recovery Systems Chief Executive Officer and President Larry E. Williams said: "We are pleased with our ongoing efforts to extend our product applications and generate solid and consistent revenue growth. At the same time, we are deriving benefits from our increase in research and development spending as well as ongoing improved operating efficiencies."
Ballistic Recovery Systems is a South St. Paul, Minnesota based manufacturer of parachute recovery systems for general aviation and recreational aircraft. Over the company's 25 year history, BRS has sold nearly 20,000 of its whole-plane parachute systems; and these have been documented to have saved over 177 lives.
BRSI
parcutes on airplanes..
to present to wall street june 3rd...
profitable company and pays dividents..
BRSI -- Ballistic Recovery Systems, Inc.
Com (1 Cent)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Ballistic Recovery Systems CEO Larry E. Williams to be a Presenter at the 2005 Wall Street Analyst Forum & PRBroadcast.com
BRS Top Executive to Speak About Aviation Safety Company's Innovative Strategies and Continued Economic Growth
SOUTH ST. PAUL, Minn., May 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ballistic Recovery Systems, Inc. (OTC Bulletin Board: BRSI) ( http://BRSparachutes.com ), a manufacturer of parachute recovery systems for general aviation and recreational aircraft, announced today that the company's Chief Executive Officer and President/Chief Operating Officer Larry E. Williams, will be present at the Wall Street Analyst Forum on Friday, June 3rd at 10:20 am EDT. at the Roosevelt Hotel in New York City.
Mr. Williams will provide an overview of the Company and its strategies for continued growth for 2005. Analysts and portfolio managers are invited to meet with the top CEOs/CFOs of NYSE/NASDAQ/AMEX corporations conducting group meetings, breakout sessions & one-on-one meetings.
"Ballistic Recovery Systems is flattered to be affiliated with such a vibrant and economically stimulating forum," said Williams. "BRS is commemorating our 25th anniversary in the business of saving lives, what a fitting national stage and spotlight to share our industry success and strategies."
BRS Chairman of the Board Robert L. Nelson will also attend the Analyst forum. Mr. Williams's presentation will be broadcast live over the internet. To view the webcast you can click on: http://www.vcall.com/CEPage.asp?ID=92159 . The WSAF has been hosting analyst conferences in New York, Boston and London since 1989. To date more than 2,500 different NYSE/NASDAQ/AMEX corporations have been selected to participate.
Earlier this month, Williams was featured in an online interview with PRBroadcast.com. The BRS top executive discussed one-on-one the aviation safety Company's corporate strategies and economic growth. This Ballistic Recovery Systems Interview is available at: http://www.PRBroadcast.com . PRBroadcast.com presents detailed interviews with CEOs, Company CFOs and Analysts using webcasting services.
Founded in 1980 and based in South St. Paul, Minnesota, Ballistic Recovery Systems, Inc. (BRS) has sold nearly 20,000 of its whole-plane parachute systems; BRS units have been documented to have saved over 177 lives. In April 2005, BRS was named the recipient of Aviation Week & Technology Magazines Best of the Best in Aerospace & Technology award for its contribution to the aviation industry.
The forward looking matters discussed here should be considered subject to risks and uncertainties, including market fluctuations, pricing, procurement, manufacturing efficiencies, and other risks that could cause the actual results to differ materially from those projected. For more information, review the company's filings with the Securities and Exchange Commission, particularly the Company's annual report on Form 10-KSB.
For more information on BRS contact: Larry E. Williams; BRS, Inc: Fleming Field, 300 Airport Road; South St. Paul, MN 55075; USA ( LarryWilliams@BRSparachute.com ) TEL 651.457.7491 ; FAX 651.457.8651 or Robb Leer media liaison at 952-842-8133 ( Leercommunication@scc.net )
SOURCE Ballistic Recovery Systems, Inc.
CONTACT: Robb Leer, +1-612-701-0608, or Larry E. Williams, +1-651-457-7491, both for Ballisti
Recovery Systems, Inc. (BRS), Info@brsparachutes.com
URL: http://www.prnewswire.com
http://BRSparachutes.com
http://www.PRBroadcast.com
www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
-0-
CFGE -- CF Green Corp SHARE RETIREMENT
Com ($0.0004)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
CF Green Corp. Announces Return of Shares
LOS ANGELES, CA, May 31, 2005 (MARKET WIRE via COMTEX) -- CF Green Corporation (OTC: CFGE) announced today that it is continuing with its progress to position itself as a merger candidate. The Company has asked various shareholders to return their shares.
The share structure of the Company currently is: the outstanding shares are approximately 36 million shares with insiders holding 30 million shares. Of the remaining outstanding shares, the unrestricted amounts to approximately 3 million. After completion of the return of shares, the Company expects the outstanding number of shares to be approximately 18 million shares.
The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact:
CF Green Corp.
Dan Green
310.410.4426
dan@naturalsteaks.com
SOURCE: CF Green Corp.
CONTACT: mailto:dan@naturalsteaks.com
Copyright 2005 Market Wire, All rights reserved.
amep news
Press Release Source: American Energy Production Inc.
American Energy Production Inc. Announces Re-Entry of Barnett Shale Well on 12 Well Bend Arch Petroleum Inc. Project
Friday May 27, 12:16 pm ET
MINERAL WELLS, Texas--(BUSINESS WIRE)--May 27, 2005--American Energy Production Inc. (OTCBB:AMEP - News) announced today its wholly-owned investee Bend Arch Petroleum Inc. is re-entering another well, the Nash 1-C in the Barnett Shale formation located on its 12 well Palo Pinto Project.
Charles Bitters, President of American Energy Production Inc. stated, "This well is close to the Barnett Shale oil and gas well on the 12 well project that has produced approximately 15,000 barrels of oil and 45 million cubic feet of natural gas since July of 2004. Though production rates have not been established, the Nash 1-C well also shows signs it will produce both oil and gas."
Bend Arch Petroleum Inc. will install a Uni-draulics jet pump on this well instead of a conventional pumping unit. The idea is to move more oil and produced water from the wells bore faster and more efficiently to achieve a greater flow of oil and natural gas. Bend Arch employees will work throughout the Memorial Day weekend to finish installing this equipment. More details will be announced as to the status of the Nash 1-C well as soon as management has results. To view a current picture of the workover rig on the Nash 1-C well please follow this Link.
http://www.americanenergyproduction.com/projects_1.html
Scroll down where you'll see Nash Well Barnett Shall Re-entry.
Charles Bitters, President of American Energy Production Inc. stated, "Bend Arch Petroleum Inc. has accumulated over 7,000 acres of leases that have potential Barnett Shale production. Bend Arch Petroleum Inc. and Oil America Group Inc. of Dallas, another 100% owned investee of AMEP plan to offer drilling partnerships to potential investors to drill Barnett Shale wells on the above mentioned properties in the near future. For more information contact Joe Christopher at Oil America Group Inc."
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance, Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations expressed or implied by such forward-looking statements
Contact:
American Energy Production Inc.
Charles Bitters, 210-410-8158
www.americanenergyproduction.com
or
Oil America Group Inc.
Joe Christopher, 972-386-0601
jchristopher@oilamericagroup.com
www.oilamericagroup.com
Source: American Energy Production Inc.
thanks for the BLYM info
i just read it over and
share retirment
175 million o/s
26 years there store has been open on madision ave new york..
now im not a rocket scientist but there ny store on madision ave
900 sq feet x 600 dollars a sq foot = 540,000 a yr in rent alone ..
thats there current market cap..lol
man that is the high end of town upscale..
all the celbs shop there
definality a sleepper imho
no reason this cant hit 10 to 20 cents
thanks again for the great info
gluv is halted ..eom
XLPI -- Xcelplus International, Inc.
Com
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
XcelPlus Announces Joint Venture in Thailand
XcelPlus International Inc (PINK SHEETS: XLPI), XcelPlus International (http://XcelPlus.com) announces plans to launch Xcelplus Asia Pacific, a joint operation in Thailand, sometime in the month of June. After much investigating, Thailand appears to be an ideal location to launch a new bottling plant and, in the near future, blending plant for our product lines. Xcelplus Asia Pacific will be a joint venture with the Thailand - Singapore group that is currently our distributor for most of Southeast Asia. The new venture will service products for China, Thailand, India, Malaysia, Singapore, Indonesia, Australia and the Philippines.
This new venture will give Xcelplus International approximately 49% ownership of the new operations, the Thai - Singapore group approximately 30% and the balance used to raise capital above the $500,000 of Xcelplus' initial funding.
Expounding our business relations with the Distributors in Thailand - Singapore will offer us as partners access to the strong connections they have in the Military, Industrial, Retail and to distribution methods and contacts in Thailand. These leads are invaluable in our launch in Asia.
This operation will be highly profitable, as it will allow Xcelplus to manage our growth and expenses, alleviating one layer in the price structure currently in place for the Asian markets. This venture will also allow Xcelplus to eventually drop prices over time, making it more feasible for consumers to purchase our products, especially in light of the fact the average worker makes only $250.00 per month in many of the Asian economies.
The majority of the employees for this venture will come from the surrounding areas of Bangkok. Xcelplus will obtain the already established office and staff of our Thai partner, allowing us to literally move right in. In addition, the plant located on the outskirts of Bangkok will be on property the venture will purchase allowing us to expand as the Asian markets grow in size. Xcelplus will start with bottling of our products in Thailand and then expand the facility to include blending of our products in Thailand.
Mr. Francis Jeow of Singapore will be the head of operations and marketing in Thailand and work from a Rep office in Singapore allowing him flexibility of travel throughout the Asian countries. Mr. Jeow has already established distribution of other products in all of the countries Xcelplus is considering for distribution with his Logistics Company. All of this is complimented by the fact that his Chinese descent allows him to work easily with our distributors in China.
Mr. Nitiphan Uawithya (Jube as we call him) was trained as a mechanical engineer here in the US at a university in Oklahoma. He and his family, through a family business venture, have been involved in the sale of heavy duty and industrial equipment for more than 70 years throughout Thailand. He has been instrumental in opening doors for Xcelplus that haven't been opened there by any other US based companies. Mr. Uawithya will serve as technical director of the operations; training all distributors and other organizations Xcelplus will deal with in our new venture.
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 XcelPlus International 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 in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by XcelPlus International Inc or any other person that the objective and plans of XcelPlus International Inc will be achieved.
SOURCE: XcelPlus International Inc
CONTACT: XcelPlus International Inc
Bill Smith, 800-472-7409
http://XcelPlus.com
Copyright Business Wire 2005
ohiotom lol
where is the news? realesed today ?
has there been a name fo the company there mergering into or with?
for all we know it could be ford or microsoft or
hill billy highway bar and grill
yes there is news next week that i do know
share structure isnt really news is it? public knowledge
or atleast it should be!!!
have a good day
i_like_bb_stock can you post the chart on NSFE
thanks
i see there moving up
on low volume semms to move the stock
and there promoting themselves recently
http://worldbusinessreview.com/
Show #1538:
Bolstering National Security/Getting Into the Swing of Things
Entire Show:
Show Demos:
QSS Group, Inc., Nationwide Safe *T* Propane, Inc.