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Bri,
Thanks for the laugh, that was what I needed to get me out of the blues. I can just see some PI lurking around in the middle of Utah with a camera seeing if this is actually happening.
-faz
Agree,
Nice to see the 8's print.
-faz
walrus,
I agree that there is Uranium in those hills. It has been historically proven. My main concern is the competency of this CEO and his son and good friend Tony Brandt to find it. I have a feeling that RSDS completely botched their first 10 holes and found exactly squat. I think this is evident in the PR that is so ambiguous it is laughable. I think this is why we have not been given any kind of exploration operations plan. Why do they not let us know where on the claim set we are drilling. Why no maps. Why no details on the hole configuration. Remember, out of the hundreds of acres, they are only drilling on 5 or so. Why did they pick that? Who is doing the logging of the wells? Where are the tailings being sent for analysis? Who the HELL is on the team of people Berman is employing? For all we know, Berman is out there operating the drill himself.
This is a good example of a drilling program PR:
http://www.mesauranium.com/s/NewsReleases.asp?ReportID=182479&_Type=News-Releases&_Title=Mes...
http://www.mesauranium.com/s/NewsReleases.asp?ReportID=155283&_Type=News-Releases&_Title=Mes...
I still do not think that this company has published any maps of their claims. I also think it is a stretch that any of this will appear on the website. Why do we have an iHub member writing a company website?(No offense Aware) Do we really think that Berman is going to give him all the maps, claims info, operation reports, etc? I don't think it is likely and the fact that Aware still has not received anything from Berman of substance except a few photographs begs the question, what material does he have and is still waiting to give?
The fact that I had to use a picture and send it to the Sales Manager for the company to find out the "potential" make and model of "OUR" drilling rig is simply ridiculous. I am happy to do my DD, but hey, this is just common sense.
I am not even going to get into the A/S and O/S increases as I wanted to keep this strictly to the credibility of Berman and Co.
I know this is a pink sheet company, but damn, the complete lack of professionalism is staggering and makes me question if Berman could actually bring any value to this company at all.
I have already unloaded some of my shares and I am sitting with my finger on the trigger for the rest. I am inclined to go the BriBoy approach and let it ride to see what happens, maybe get a nice pop one day, but this is just getting out of control.
I am a fighter in all things and I will continue to fight for the truth on this stock. I will continue to do my DD. I have PM'd John about helping him with sending the last ditch effort email to Berman, but after that, I may be tapped out and just might throw in the towel all together.
On the face of it, RSDS has potential, but can Berman be the right choice to realize that potential?
RSDS Fact Sheet: http://investorshub.advfn.com/boards/read_msg.asp?message_id=22330776
-faz
Top Ten Reasons to Vote for Hillary...Scary!!!!
These are the top 10 reasons to vote for Hillary for President in 2008. I pulled this off of her website as I firmly believe that she will be the democratic nominee this year. I would like to point out my observations here.
Now, there are many troubling things about this list. I will go through them one by one.
1. This is obvious as a first choice to bring on board all the left fringe LIB kooks out there.
2. This is very scary if it is her 2nd reason. We do not need the government providing universal health care to us. It has been tried all around the world and has failed or is failing everywhere it is being tried.
3. Not sure how she can be creating more jobs in the middle class, I think we are pretty close to full employment. We are at 4.5% unemployment right now...that is ridiculous! I am fine with reducing our dependence on foreign oil, but what is this tripe about global warming.
4. To provide world class education. Good as long as she starts by disbanding the teachers union and allowing parents to send their children to the schools that they want to. However, I think that she is talking about a more expansive education system and larger union. Absolutely the wrong way to go.
5. We already are promoting stem cell research, what she means is embryonic stem cell research. Too this date, no significant discovery has been made from "embryonic" stem cell research.
6. Excellent!!! Bravo!!! Though I hope she is going to save Social Security by privatizing a portion of it.
7. Like she is going to have any impact on this at all. She is the epitome of cronyism in government. Bring in the fair tax system and you will see K street and the lobbying forces in Washington disappear.
8. YIKES!!!!! This should be the number one on the list. If she is so short cited as to put fighting terrorism as number 8, we are in big trouble.
9. Who cares. I couldn't give a rats behind if France likes us or if anyone likes us. If we revert back to good, honest, conservative values, the world opinion will follow suit. If we start shaping our foreign policy to make other people around the world like us, we are in trouble.
10. Let me translate. To build a socialist America.
I think that there is a lot of good things for the Republican nominee (hope it is Fred) to bring up against Hillary to make her out to be a pure progressive socialist and nothing more.
-faz
Some DD on the drilling rig that RSDS owns.
I just got an email response back from Gefco:
Dear Mr. xxxxxxx,
Sorry for the delay in responding to your email. From the pictures you sent it looks like that rig is either a Failing 1250 or a CF-15. Is there, by any chance, a serial number on the rig? If so we could track the orientation of the rig through our system. I have attached spec sheets on both the Failing 1250 and the CF-15. Let me know if there is anything else I can do to help.
Thanks,
Mike Lewis
GEFCO
Rocky Mountain States Sales Manager
Looking at both sets of spec sheets, my guess is we are looking at a Failing 1250. Here are the screen captures of the specs sheets for you engineers out there.
-faz
Some DD on the drilling rig that RSDS owns.
I just got an email response back from Gefco:
Dear Mr. xxxxxxx,
Sorry for the delay in responding to your email. From the pictures you sent it looks like that rig is either a Failing 1250 or a CF-15. Is there, by any chance, a serial number on the rig? If so we could track the orientation of the rig through our system. I have attached spec sheets on both the Failing 1250 and the CF-15. Let me know if there is anything else I can do to help.
Thanks,
Mike Lewis
GEFCO
Rocky Mountain States Sales Manager
Looking at both sets of spec sheets, my guess is we are looking at a Failing 1250. Here are the screen captures of the specs sheets for you engineers out there.
-faz
I am right there with ya brother. I bought some on the dips and now I am in for the long run.
-faz
This thing went +93% today! Wow!
-faz
Just a pull back to the 50 day MA. I think it had to after the 100% run it just had. I have a feeling that this is going to go up another 100% from here.
-faz
Just blew through 101. This stock is on a rampage!!!
Correct. I think Berman meant a geophysical logging company or a wireline logging company. These would have been more appropriate.
-faz
Not me. I still have my 200k test sell in at .0001 for three weeks now. Wonder whose shares you picked up.
-faz
Dude,
Easy...Tomorrow is another day. Once we get drilling results with some substance, not "Preliminary field analysis of these tailings indicates such mineralization as to suggest a reasonable probability that uranium is present in the area.", we should see some upward movement.
-faz
.075s gone. Looking good!
$99.62. Could see 100 today! Have already seen a new 52-week high!!
Go SLB!
-faz
There are the 2's
Anyone have the L2's? Ameritrade is showing .0001 x .01
Well, after a weekend of DD for this stock, I am in for a small amount. If they can begin flights by the end of 2007 or early 2008, we could see this thing take off (pun definitely intended!)
-faz
England is going down the tubes...big time!
http://www.thisislondon.co.uk/news/article-23410977-details/'NHS+should+not+treat+those+with+unhealt...
-snip-
NHS should not treat those with unhealthy lifestyles' say Tories
04.09.07
David Cameron will decide which of the Tories' proposals to make policy
• Well-behaved council tenants to be given £50,000 to help buy homes
• Inner city pupils should be sent to village schools
• Patients who improve their health to be given 'Health Miles' cards to claim free fruit and veg
Patients who refuse to change their unhealthy lifestyles should not be treated by the NHS, the Conservatives said today.
In a bid to ease spiralling levels of obesity and other health concerns, a Tory panel said certain treatments should be denied to patients who refuse to co-operate with health professionals and live healthier lifestyles.
And those who do manage to improve their general health by losing weight and quitting smoking, for example, would receive "Health Miles" cards.
Points earned could then be used to pay for health-related products such as gym membership and fresh vegetables.
The aim is a shift in the NHS towards preventing disease and ill-health rather than having to treat it.
-snip-
SLB is heading to 100! Gotta love it.
ksquared,
No worries. The really scary thing is if this takes hold, if Edwards becomes president and implements this, where does it stop? Maybe he will require that we will no longer drive SUVs. Maybe he will require us to only work 30 hours per week. Maybe he will require us to do community service with the remaining 10 hours. Maybe he will require us to stop smoking. Maybe he will require us to give up our guns. <-- This is where I say no. The day that the government has Fazoolius's guns is the day that the world knows Fazoolius is dead!
This kind of rhetoric by a presidential candidate should be challenged from every single person in the country. People should be shouting from the rooftops that this is WRONG!!! The sad thing is that the LIBS out there think that this is the progressive approach, that this is what the country needs, that this is a (*cringe*) good thing.
-faz
ksquared,
Here is the story:
Edwards backs mandatory preventive care
By AMY LORENTZEN, Associated Press Writer Sun Sep 2, 6:30 PM ET
TIPTON, Iowa - Democratic presidential hopeful John Edwards said on Sunday that his universal health care proposal would require that Americans go to the doctor for preventive care.
"It requires that everybody be covered. It requires that everybody get preventive care," he told a crowd sitting in lawn chairs in front of the Cedar County Courthouse. "If you are going to be in the system, you can't choose not to go to the doctor for 20 years. You have to go in and be checked and make sure that you are OK."
He noted, for example, that women would be required to have regular mammograms in an effort to find and treat "the first trace of problem." Edwards and his wife, Elizabeth, announced earlier this year that her breast cancer had returned and spread.
Edwards said his mandatory health care plan would cover preventive, chronic and long-term health care. The plan would include mental health care as well as dental and vision coverage for all Americans.
"The whole idea is a continuum of care, basically from birth to death," he said.
The former North Carolina senator said all presidential candidates talking about health care "ought to be asked one question: Does your plan cover every single American?"
"Because if it doesn't they should be made to explain what child, what woman, what man in America is not worthy of health care," he said. "Because in my view, everybody is worth health care."
Edwards said his plan would cost up to $120 billion a year, a cost he proposes covering by ending President Bush's tax cuts to people who make more than $200,000 per year.
Edwards, who has been criticized by some for calling on Americans to be willing to give up their SUVs while driving one, acknowledged Sunday that he owns a Ford Escape hybrid SUV, purchased within the year, and a Chrysler Pacificia, which he said he has had for years.
"I think all of us have to move, have to make progress," he said. "I'm not holyier-than-thou about this. ... I'm like a lot of Americans, I see how serious this issue is and I want to address it myself and I want to help lead the nation in the right direction."
He said he would not buy another SUV in the future.
The Ford Escape, the first hybrid SUV on the market, gets an estimated 36 mpg in the city and 31 mpg on the highway.
http://news.yahoo.com/s/ap/20070902/ap_on_el_pr/edwards_2
-faz
Public 'wary of green tax motives'
Last updated at 02:10am on 3rd September 2007
Nearly two-thirds of the public believe ministers are using environmental fears as an excuse to raise tax revenue, according to a poll.
And research suggests their cynicism is justified - with green taxes raking in £10 billion more for the Treasury than it would cost to offset the entire UK's carbon footprint.
The figures are contained in a dossier compiled by pressure group the TaxPayers' Alliance (TPA).
The document is likely to provide grim reading for politicians of all colours - including Prime Minister Gordon Brown and Tory leader David Cameron - who are committed to making individuals pay for habits which damage the environment.
A survey carried out by YouGov for the TPA found that only a fifth of people thought politicians were genuinely trying to change behaviours using the tax system. In contrast, 63% believed they were using the issue as an excuse to pull in more cash.
Nearly four-fifths voiced opposition to the so-called "pay as you throw" schemes floated by the Government to encourage recycling - despite previous surveys indicating a majority backed the idea.
Some 60% said fuel duty was an unfair tax, while 45% thought the same about air passenger duty - which was recently doubled by the Government.
Opinion was evenly split over whether they approved in principle of extra "green" charges on motoring and air travel - with 46% saying they did not and 45% saying they did.
Using previous international research into climate change, the report estimated that covering the social cost of carbon emissions would have cost £11.7 billion in 2005.
But receipts from green taxes such as fuel duty, road tax and the Climate Change Levy totalled £21.9 billion. On average every household in the UK paid £400 more in levies than it cost to cover their own footprint, the TPA claimed.
http://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=479514&in_page_id=17....
- I have lived in the UK from 2001-2006 and let me tell you, they are taxed out of their minds. They could only tax cigarettes so much and gasoline is almost 70%+ tax. Chart below shows the tax on cigarettes across the EU. 1 British pound sterling = $2.0176 USD.
http://www.the-tma.org.uk/page.aspx?page_id=43
20 smokes = $10.50 (ouch!!!)
http://news.bbc.co.uk/1/hi/in_depth/world/2000/world_fuel_crisis/933648.stm
Currently, the UK spends about 93 pence per litre. That equates to about 3.52 pounds sterling per gallon. With todays currency rate above, that is just over 7 dollars per gallon of gasoline.
Check out the webpage under the chart and you will see how much they are taxed.
The scary thing is that congress is trying to do the same thing to us here. If we get a Lib in office next, watch out, this is the way we will be heading!!
-faz
Evening! Another round of bourbon, no ice for me!!
-faz
some more....
1. We have a tax code that nobody understands and is very unfair. The solution is simple. Get rid of it and put in a fair flat rate tax that begins after an individual makes $20,000 in a year. No deductions, no tax free interest, no alternative minimum tax, and everyone who makes over $20,000 pays. No monkeying with it ever.
2. We have a social security system that is broke and they dither about but can come up with nothing. Simple solution again. A. Everyone pays the same percentage on ALL income they make. B. No prescription drug plan. It is too expensive and unless we want to pay more in taxes, the country can't afford it. Failing that, let medicare negotiate with the drug companies. What a stoopid thing it was not to let that happen. And, let us buy our drugs in Canada, or anywhere we can get them cheaper. C. $100,000 is a magic figure. If your income from all sources is $100,000, you draw no social security. If it is less, you draw based upon a sliding scale. Those who need it most get the most. Yeah, I know that is socialism.
3. Close the freakin' border, dummies. If the cheap labor dries up, American workers will take those jobs and the price of food and chicken might go up some.
4. Oh, and this country has an official language. It is English. If you don't want to learn English, go to some country that speaks your favorite.
5. Get rid of compulsory attendance laws, all that stupid, time wasting testing that proves nothing except that some kids are smarter than others and go to better schools. Put some backbone into the curriculum and quit teaching to test scores. If a kid wants to quit, let him. No welfare or unemployment compensation paid to those who have not graduated from high school.
6. Term limits for all elected officials. You can serve two terms in congress, period. Look at what all that experience gets us now and see if you don't agree that an amateur legislature would be better.
7. Start showing some fiscal responsibility with OUR money. Get rid of earmarks. Cut useless programs.
8. Start enforcing the immigration laws on the books. Throw owners of businesses in jail if they hire illegals. no more little slap on the wrist.
9. Start developing our vast supplies of OIL. Drill in ANWAR, Drill in the Gulf, Drill offshore and anywhere where we can produce our resources. Develop Nuclear Tech. REDUCE our dependence on foreign energy sources!!!!
10. Stop all the useless rhetoric on Global Warming. The hubris of politicians is astounding if they think that legislation could counter NATURE. I am surprised we have not seen legislation dictating the number of hours the sun is allowed to shine.
11. When the decision to go to war is given, pull the gloves off and hit the bastards as hard as you can. Best line from Patton: "Wars are never won by dying for your country. They are won by making the other poor bastard die for his.". Congress needs to realize that the President is commander in Chief and that they are not a member of 535 commanders in chief. Wars are not prosecuted by consensus. During a time of war, we need to board up the state department, slide their meals under the door, and then tell congress how the war will be managed...not the other way around.
More to come!!
-faz
Best line of the article:
"All the while, you wring your hands over a 1 degree Centrigrade temperature increase next century while scoffing at the real and present dangers threatened by tens of millions of radical Islamic fundamentalists."
Classic heads in the sand routine. Thanks for the post of that article.
-faz
One would think that, but that would be the selfish thing to do. To think of ones self and leave. It is the burden that the left, the altruists, have placed on us...to stay behind and serve for the good of the collective. We must continue to eradicate exceptionalism and further the cause to boil everyone down to the lowest common denominator of society. Surely we can all live as equals right? Surely this is the reason everyone wants to come to the USA, right? Surely this must be the reason that no one wants to leave, right?
-faz
Report: U.S. Workers Are Most Productive
Sunday September 2, 11:08 pm ET
By Bradley S. Klapper, Associated Press Writer
U.N. Report: U.S. Workers Most Productive in World; Each Produces $63,885 of Wealth Per Year
GENEVA (AP) -- American workers stay longer in the office, at the factory or on the farm than their counterparts in Europe and most other rich nations, and they produce more per person over the year.
They also get more done per hour than everyone but the Norwegians, according to a U.N. report released Monday, which said the United States "leads the world in labor productivity."
The average U.S. worker produces $63,885 of wealth per year, more than their counterparts in all other countries, the International Labor Organization said in its report. Ireland comes in second at $55,986, followed by Luxembourg at $55,641, Belgium at $55,235 and France at $54,609.
The productivity figure is found by dividing the country's gross domestic product by the number of people employed. The U.N. report is based on 2006 figures for many countries, or the most recent available.
Only part of the U.S. productivity growth, which has outpaced that of many other developed economies, can be explained by the longer hours Americans are putting in, the ILO said.
The U.S., according to the report, also beats all 27 nations in the European Union, Japan and Switzerland in the amount of wealth created per hour of work -- a second key measure of productivity.
Norway, which is not an EU member, generates the most output per working hour, $37.99, a figure inflated by the country's billions of dollars in oil exports and high prices for goods at home. The U.S. is second at $35.63, about a half dollar ahead of third-place France.
Seven years ago, French workers produced over a dollar more on average than their American counterparts. The country led the U.S. in hourly productivity from 1994 to 2003.
The U.S. employee put in an average 1,804 hours of work in 2006, the report said. That compared with 1,407.1 hours for the Norwegian worker and 1,564.4 for the French.
It pales, however, in comparison with the annual hours worked per person in Asia, where seven economies -- South Korea, Bangladesh, Sri Lanka, Hong Kong, China, Malaysia and Thailand -- surpassed 2,200 average hours per worker. But those countries had lower productivity rates.
America's increased productivity "has to do with the ICT (information and communication technologies) revolution, with the way the U.S. organizes companies, with the high level of competition in the country, with the extension of trade and investment abroad," said Jose Manuel Salazar, the ILO's head of employment.
The ILO report warned that the widening of the gap between leaders such as the U.S. and poorer nations has been even more dramatic.
Laborers from regions such as southeast Asia, Latin America and the Middle East have the potential to create more wealth but are being held back by a lack of investment in training, equipment and technology, the agency said.
In sub-Saharan Africa, workers are only about one-twelfth as productive as those in developed countries, the report said.
"The huge gap in productivity and wealth is cause for great concern," ILO Director-General Juan Somavia said, adding that it was important to raise productivity levels of the lowest-paid workers in the world's poorest countries.
China and other East Asian countries are catching up quickest with Western countries. Productivity in the region has doubled in the past decade and is accelerating faster than anywhere else, the report said.
But they still have a long way to go: Workers in East Asia are still only about one-fifth as productive as laborers in industrialized countries.
The vast differences among China's sectors tell part of the story. Whereas a Chinese industrial worker produces $12,642 worth of output -- almost eight times more than in 1980 -- a laborer in the farm and fisheries sector contributes a paltry $910 to gross domestic product.
The difference is much less pronounced in the United States, where a manufacturing employee produced an unprecedented $104,606 of value in 2005. An American farm laborer, meanwhile, created $52,585 worth of output, down 10 percent from seven years ago, when U.S. agricultural productivity peaked.
http://biz.yahoo.com/ap/070902/un_labor_productivity.html?.v=6
GO USA!!!
-faz
If this is true:
""One thing that we agreed on is that the DPRK will provide a full declaration of all of their nuclear programs and will disable their nuclear programs by the end of this year, 2007," Hill told reporters, using the initials for the Democratic People's Republic of Korea. "
Then this could be a major factor in the legacy of President Bush. Unfortunately, the war will tarnish him somewhat until we are hit again and peoples eyes are opened.
-faz
Pentagon ‘three-day blitz’ plan for Iran
Sarah Baxter, Washington
THE Pentagon has drawn up plans for massive airstrikes against 1,200 targets in Iran, designed to annihilate the Iranians’ military capability in three days, according to a national security expert.
Alexis Debat, director of terrorism and national security at the Nixon Center, said last week that US military planners were not preparing for “pinprick strikes” against Iran’s nuclear facilities. “They’re about taking out the entire Iranian military,” he said.
Debat was speaking at a meeting organised by The National Interest, a conservative foreign policy journal. He told The Sunday Times that the US military had concluded: “Whether you go for pinprick strikes or all-out military action, the reaction from the Iranians will be the same.” It was, he added, a “very legitimate strategic calculus”.
President George Bush intensified the rhetoric against Iran last week, accusing Tehran of putting the Middle East “under the shadow of a nuclear holocaust”. He warned that the US and its allies would confront Iran “before it is too late”.
One Washington source said the “temperature was rising” inside the administration. Bush was “sending a message to a number of audiences”, he said � to the Iranians and to members of the United Nations security council who are trying to weaken a tough third resolution on sanctions against Iran for flouting a UN ban on uranium enrichment.
The International Atomic Energy Agency (IAEA) last week reported “significant” cooperation with Iran over its nuclear programme and said that uranium enrichment had slowed. Tehran has promised to answer most questions from the agency by November, but Washington fears it is stalling to prevent further sanctions. Iran continues to maintain it is merely developing civilian nuclear power.
Bush is committed for now to the diplomatic route but thinks Iran is moving towards acquiring a nuclear weapon. According to one well placed source, Washington believes it would be prudent to use rapid, overwhelming force, should military action become necessary.
Israel, which has warned it will not allow Iran to acquire nuclear weapons, has made its own preparations for airstrikes and is said to be ready to attack if the Americans back down.
Alireza Jafarzadeh, a spokesman for the National Council of Resistance of Iran, which uncovered the existence of Iran’s uranium enrichment plant at Natanz, said the IAEA was being strung along. “A number of nuclear sites have not even been visited by the IAEA,” he said. “They’re giving a clean bill of health to a regime that is known to have practised deception.”
Mahmoud Ahmadinejad, the Iranian president, irritated the Bush administration last week by vowing to fill a “power vacuum” in Iraq. But Washington believes Iran is already fighting a proxy war with the Americans in Iraq.
The Institute for the Study of War last week released a report by Kimberly Kagan that explicitly uses the term “proxy war” and claims that with the Sunni insurgency and Al-Qaeda in Iraq “increasingly under control”, Iranian intervention is the “next major problem the coalition must tackle”.
Bush noted that the number of attacks on US bases and troops by Iranian-supplied munitions had increased in recent months � “despite pledges by Iran to help stabilise the security situation in Iraq”.
It explains, in part, his lack of faith in diplomacy with the Iranians. But Debat believes the Pentagon’s plans for military action involve the use of so much force that they are unlikely to be used and would seriously stretch resources in Afghanistan and Iraq.
http://www.timesonline.co.uk/tol/news/world/asia/article2369001.ece
President Bush put things in motion when he classified Iran's revolutionary guard as a terrorist organization. This could get serous fairly quickly and about time too!
-faz
Hello everyone. Interesting concept here. Has anyone started buying this yet?
-faz
Blue,
Yeah me too. I just jumped in at .47. Not sure how much higher this can go from here, however, this stock is notorious for making big moves very quickly and it could move back up into the 2's. I have a feeling it will hit resistance in the .70's and if it can't break them, it might retrace to .50 or so. Could be a good buying opp.
Have a great weekend!
-faz
Found this as well whilst looking through some links for details on Clive Bailey, the geologist who did the Pay Day claims field report.
http://www.pennystockforums.net/forum/forum_posts.asp?TID=98&PN=1&TPN=3
Gotta love reason #6. Ok all fun aside. Back to the grind to find more concrete info on "OUR" company.
-faz
Righty,
Yeah, I saw that while looking into AVPJ. So I guess he got out of that quick then. I wonder if he stuck around long enough to get a few pointers on how to raise the A/S by 8 billion and not inform the share holders.
I like the end of the PR:
"Russell Industries is a holding company that owns 54 uranium and vanadium mining claims located in East Canyon, Monticello, Utah and plans to acquire assets in several diverse industries, including the resort hotel and condominiums in the Commonwealth of the Bahamas."
My game plan is to go through RSDS with a fine tooth comb over the next few weeks and really figure out what the game plan is. I just hope all my work doesn't lead me to where my gut is telling me...and that is the gutter.
-faz
Did we ever find out what happened here? Maybe some of those 2 billion shares went to keep his partners sweet in the Bahamas!
Russell Industries Announces Joint Venture
2007-01-17 08:52 CT - News Release
HOUSTON -- (Business Wire)
Russell Industries, Inc. (RSDS.PK) has entered in a joint venture agreement with Nassau, Bahamas-based Andros Isle Development, Ltd., a wholly owned subsidiary of Andros Isle Development Corporation (AVPJ.PK). “The purpose of the Joint Venture is to facilitate the acquisition and development of Condo Hotels, Luxury Resorts, marinas and high end and resort communities in the Commonwealth of the Bahamas,” Rick Berman, President and CEO, Russell Industries.
The joint venture team in charge of managing the operations of the yet to be named venture is currently analyzing potential projects, and hopes to announce the first joint project in the coming weeks. The team is focusing on hotels that are currently operational that can be redeveloped as condo hotels, as well as, small, ultra luxury development projects in the family islands.
About Russell Industries, Inc.
Russell Industries is a holding company that owns 54 uranium and vanadium mining claims located in East Canyon, Monticello, Utah and plans to acquire assets in several diverse industries, including the resort hotel and condominiums in the Commonwealth of the Bahamas.
About Andros Isle Development Corp.
Andros Isle Development Corporation (OTC:AVPJ) is a publicly traded real estate development company that specializes in the acquisition and development of luxury resort communities in the Caribbean Basin, and in converting luxury hotels into Condo Hotels.
Safe Harbor
This press 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 "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision.
Contacts:
Designated Marketing
Investor Relations
Donson Brooks, 972-731-5112
Fax: 972-731-9443
www.designatedmarketing.com
Source: Russell Industries, Inc.
Any chance for a TNEN chart? Cheers!
-faz
Love Ayn Rand.
My favorite quotes:
"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine." - John Galt
"Independence is the only gauge of human virtue and value. What a man is and makes of himself; not what he has or hasn't done for others. There is no substitute for personal dignity." - Howard Roark
"Pride is the recognition of the fact that you are your own highest value and, like all of man’s values, it has to be earned." John Galt
Have a great weekend guys! Be safe!
-faz
Nice!
"screaming and crying liked a man who thought his stripper girlfriend was faithful to him until he walked in on her getting ganged banged."
Kind of like Old School. I would rather the guy stop whining like a little bitch and jumped in there to get some action!
-faz
So it is that obvious then?!?! LOL...wonder why they can't see that over at CNN or NBC or MSNBC. Wonder what it is like to walk around all the time with blinders on like most liberals. Must be very frustrating...hey maybe that is why they are always so upset!
LOL!
Have a great Labor day weekend, I need a few cold ones.
-faz