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no.7 of top15 active forum
is there any news ?
Bid 0,07 - ask 0,2 - ?
is something big brewing here ?
just came home and happy to see my 5 m. order got filled.
holding long and strong total 13 million now.
ok, i`ll take that 0,25
here we go !
what price at the open do you expect tomorrow
ah, that`s why, now i understand, LOL
wth is going on today ?
this news should help us to become another green week for CBAI
WE HAVE ANOTHER GREAT NEWS : 10.05.2009
Cord Blood America Continues to Reduce Debt; Three Notes Retired
Cord Blood America Continues to Reduce Debt; Three Notes Retired
Oct. 5, 2009 (PR Newswire) --
LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com) focused on bringing the life saving potential of stem cells, a biological insurance policy, to families nationwide and internationally, said today that it has retired three more significant debts with originally issued principal amounts of $212,959, $250,000 and $285,000.
On October 2, the Company announced retirement of a $160,000 note.
The $212,959 and $250,000 notes were signed in 2007 with CorCell, Inc., which became Cord Blood America's operating unit, CorCell Companies, Inc., and were purchased by JMJ Financial. The $285,000 note was originally signed in August 2006 with Strategic Working Capital and subsequently purchased by JMJ Financial. All three notes were retired by September 30, 2009.
"A major effort has been made this year to reduce debt and strengthen our balance sheet for our future and our shareholders' future. We are proud of these accomplishments," said Matthew Schissler, co-founder and CEO.
About Cord Blood America
Cord Blood America (OTC Bulletin Board: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTC Bulletin Board: CBAI), visit our website at www.corcell.com. For investor information, visit www.cordblood-america.com.
CONTACT:Paul KnopickE & E Communications949/707-5365pknopick@eandecommunications.com
SOURCE Cord Blood America, Inc.
Source: PR Newswire (October 5, 2009 - 5:00 AM EDT)
News by QuoteMedia
WE HAVE ANOTHER GREAT NEWS: 10.05.2009
Cord Blood America Continues to Reduce Debt; Three Notes Retired
Cord Blood America Continues to Reduce Debt; Three Notes Retired
Oct. 5, 2009 (PR Newswire) --
LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com) focused on bringing the life saving potential of stem cells, a biological insurance policy, to families nationwide and internationally, said today that it has retired three more significant debts with originally issued principal amounts of $212,959, $250,000 and $285,000.
On October 2, the Company announced retirement of a $160,000 note.
The $212,959 and $250,000 notes were signed in 2007 with CorCell, Inc., which became Cord Blood America's operating unit, CorCell Companies, Inc., and were purchased by JMJ Financial. The $285,000 note was originally signed in August 2006 with Strategic Working Capital and subsequently purchased by JMJ Financial. All three notes were retired by September 30, 2009.
"A major effort has been made this year to reduce debt and strengthen our balance sheet for our future and our shareholders' future. We are proud of these accomplishments," said Matthew Schissler, co-founder and CEO.
About Cord Blood America
Cord Blood America (OTC Bulletin Board: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTC Bulletin Board: CBAI), visit our website at www.corcell.com. For investor information, visit www.cordblood-america.com.
CONTACT:Paul KnopickE & E Communications949/707-5365pknopick@eandecommunications.com
SOURCE Cord Blood America, Inc.
Source: PR Newswire (October 5, 2009 - 5:00 AM EDT)
News by QuoteMedia
NEWS out, 10.02.09
Cord Blood America Retires Note in Continuing Effort to Reduce Debt
LAS VEGAS, Oct 02, 2009 /PRNewswire-FirstCall via COMTEX/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com ) focused on bringing the life saving potential of stem cells, a biological insurance policy, to families nationwide and internationally, said today that it has retired a note, principal amount $160,000, in its continuing effort to reduce debt.
The convertible debenture was held by Tangiers Investors, LP, San Diego, California. "We told our stakeholders and potential investors that a major effort would be made throughout this year to reduce debt and strengthen our balance sheet. This is another example of fulfilling that commitment," said Matthew Schissler, co-founder and CEO.
Cord Blood America previously announced that, through August of 2009, it had reduced its secured debt by $6.6 million.
About Cord Blood America
Cord Blood America (OTC Bulletin Board: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTC Bulletin Board: CBAI), visit our website at www.corcell.com. For investor information, visit www.cordblood-america.com.
CONTACT:
Paul Knopick
E & E Communications
949/707-5365
pknopick@eandecommunications.com
SOURCE Cord Blood America, Inc.
URL: http://www.cordblood-america.com
www.prnewswire.com
Copyright (C) 2009 PR Newswire. All rights reserved
especially for cbai
looks good today, do we see 0,50 today ?
In order to achieve fulfillment, production is planned to ramp up by year's end with full production capability exceeding 20,000 units per month.
20,000 units PER MONTH !!!
msg #119564
couldn`t have said it better, i totally agree, thank you
msg #35946 pending news
as i told you yesterday - maybe come sooner as we thought about...
look at glcc
something`s brewing up here, MONA should follow soon
msg #35946 pending news
as i told you - maybe come sooner as we thought about...
i guess we will see a hugh run this week b4 the conference starts
Pending News
maybe come sooner than we thought about...
so mif gdhi runs so high, glcc should run too, what do you think
New Filing Aug 20, 2009:
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=23562
New Filing from Aug 20, 2009:
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=23561
Beacon Equity Issues Trading Outlook for Good Life Group Corp.
DALLAS, Aug 20, 2009 (GlobeNewswire via COMTEX) -- BeaconEquity.com announces an investment report featuring Good Life Group Corp. (Pink Sheets:GLCC). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Good Life Group Corp. (Pink Sheets:GLCC) should be of particular interest to integrated oil and gas/convenience store operators: Marathon Oil Corp. (NYSE:MRO), Exxon Mobile Corp. (NYSE:XOM), Chevron Corp. (NYSE:CVX) and BP plc (NYSE:BP).
It is available at: http://www.beaconequity.com/i/GLCC
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Good Life Group Corp. (GLCC), through its subsidiaries Miluga Corp. and Haorizi Good Life, is a food producer, wholesale distributor and franchiser of small retail convenience stores in rural areas of Hebei Province. The Company opened eight stores in 1999, growing to the largest retail network of more than 1,600 retail stores in Hebei Province in 2007. The Company services a population of approximately 2.4 million.
In the report, the analyst notes:
"GLCC anticipates continued growth through its retail efforts and pursues its goal of launching up to 15,000 locations by the end of 2010. To fulfill this mission, the Company changed its business model from a chain-operated model to a franchise model in 2007.
"As the Company's distribution network grows, better economies-of-scale is expected to increase buying power and gross margin. The focus of the Company will be to increase group buying power and execute its expertise in logistics to increase market share, as well as the Company's gross and net margins."
To read the entire report visit: http://www.beaconequity.com/i/GLCC
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions and information free of charge exclusively to individuals who wish to receive them.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Beacon Equity
MONA is not ruling out even a small share buy back campaign or any other remedies available at its disposal in order to meet its targeted objectives, of 2 to 3c per share.
news:
MonArc Corporation (MONA:PK) Various Business Matters Update
MONTREAL, Aug 19, 2009 /PRNewswire-FirstCall via COMTEX/ -- Mon Arc Corporation (www.monacorporation.com - MONA.PK) The issuer responding to its shareholders, and followers requests to provide a corporate update on its corporate developments is pleased to provide the following report.
The company has completed the spinoff of its ITI Bio Tech division, and other China holdings. Its Peru mining operation remains in non compliance. The company will start legal proceedings shortly. The issuer is desirous of becoming a solicited and a reporting issuer via filing of its 15c211 as previously announced on many occasions. The issuer's solicitor was advised by the sponsoring market maker (due to compliance matters) that an audit or an audited North American operating subsidiary would be required before its 15c211 application would be accepted. The issuer successfully located a North American operating company (see news release of May 22 2009) http://www.pinksheets.com/pink/quote/quote.jsp?symbol=MONA (H T Processing)
It appears now that H T, although a great business, is unwilling or unable to audit requirement. In summary, the issuer signed a share Exchange Agreement to acquire H T Processing Ltd., http://www.grainduster.com. H T is a private Canadian seed and farm input wholesaler, with sales of just over $1.3 million CDN ($1.17M USD) for the year ending December 31, 2008. The issuer may have no other option but to rescind the deal with HT. The acquisition was originally completed on an all-stock basis. Any stock issued in connection with this merger will be returned back to the treasury.
In the past, MONA thrived as a Special Purpose Acquisition (SPC) company who primarily targeted Asian markets. As an SPC the company has 5 separate spin offs of assets and cash scheduled to distribute to its shareholder base. These have NOT been cancelled and are being processed by various branches transfer agent, FINRA to name a few. The company is waiting patiently for these to be processed. Although the company has received many inquiries on this topic, and is aware that a loosely disorganized group of disgruntled employees, franchisees and defendants in a slander lawsuit (dressed up as shareholders) are posting false and misleading information on the company's business activity; the company reminds its followers that these individuals may have a hidden agenda, and alternative motives for their activities. On the update of the slander lawsuit (the issuer is a co beneficiary of the slander complaint). It appears the $ 4 million dollar default judgment is imminent against the defendants. It appears the defendants are pinning all of their hopes on a certain new USA law, which has never been tested in any appeal in USA or any International court, does not cover retroactive claims and may not cover commercial matters. The company is advised that upon issuance of the judgment expected shortly, the company has already spoken to a USA Florida attorney who is prepared to enforce the judgment, and have the same affirmed by a Supreme Court should the need arise. This will be the next logical step.
In summary MONA is alive and doing well. It is NOT a distress company by any stretch of imagination. This is a company that conducted a lot of commerce over the years starting in the sub prime financing industry to being an SPC to Asian companies, and a few other businesses in-between. The company thrived under the leadership of Mr. Garr Winters as its CEO in the subprime business, and later as its Secretary while it conducted business as an SPC. The rescission of HT merger brings MONA back full circle to still requiring a new operating company for its 15c211 filing or otherwise remain as an unsolicited issuer. This is not what the company wants and it expects to fulfill this obligation made to its shareholders of becoming a solicited issuer. There are several other unfulfilled obligations or promises made which the company intends to fulfill. To that end, the company has requested the services of Mr. Garr Winters who is semi retired executive to aid MONA in this process as a consultant, and not as an officer or a director of the company.
MONA entered a quiet period to allow Mr.Winters to carry out his consultancy duties. The company is pleased to advise that an alternative solution has been found for its 15c211 or becoming a solicited issuer aspirations. A suitable solicited public company merger candidate has been located, which will dispense the need for an audit or a 15c211 for MONA. In summary MONA will become a solicited issuer or be a solicited company using this back door approach. Right now MONA'S top priority is to restore its share price values, so that at closing day with a merger targeted company, and at the share exchange point MONA shareholders can receive a maximum benefit ie 1-1 exchange vs 50 or even 100 MONA shares for 1 of the merger company. Under the rules this will be free trading share exchange. MONA is not ruling out even a small share buy back campaign or any other remedies available at its disposal in order to meet its targeted objectives, of 2 to 3c per share.
As MONA critics will no doubt relentlessly be out in full force, be it known that the targeted merger candidate is not a client nor was it ever, nor is it a client of any MONA'S advisors, IR company, its lawyers or accountants to the best of MONA'S or Mr. Winters' knowledge.
Obviously, MONA will release the names and details of all of the aforementioned transactions and pending matters as filings on Pink Sheets in due time when the timing is correct and beneficial to itself and only to its shareholders.
Further updates will follow shortly.
Safe Harbor Statement
Information in this press release or filing may contain statements about future expectations, plans, prospects or performance of MonArc Corporation that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. MonArc Corporation cautions you that any forward-looking information provided by or on behalf of MonArc Corporation is not a guarantee of future performance. None of the information in this press release or filing constitutes or is intended as an offer to sell securities or investment advice of any kind. MonArc Corporation's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond MonArc Corporation 's control. In addition to those discussed in MonArc Corporation's press releases, public filings, and statements by MonArc Corporation's management, including, but not limited to, MonArc Corporation's estimate of the sufficiency of its existing capital resources, MonArc Corporation's ability to raise additional capital to fund future operations, MonArc Corporation's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match MonArc Corporation's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. MonArc Corporation does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For corporate matters contact: corporate@monacorporation.com or www.minamargroup.com/helpdesk
SOURCE MonArc Corporation (MONA)
what was that 0,0019 ?
200,000,000 Shares Completing First Phase of Share Buyback Program
News: July,16,2009
Seamless Corporation Acquires 200,000,000 Shares Completing First Phase of Share Buyback Program
Prize Winners Receive Prizes From July 6, 2009 Drawing; New July 31 Drawing Just Announced
LAS VEGAS, NV, Jul 16, 2009 (MARKETWIRE via COMTEX) -- Seamless Corporation (OTCBB: SMWF) is proud to announce that the first 200,000,000 shares of the share buyback announced earlier this week has been completed. The share buyback program is for a minimum of $100,000 to as much as $500,000 worth of shares.
This share buyback is being conducted simultaneous of several fundamental developments currently taking place including but not limited to partnerships with Amazon, anticipated new vendors agreements and the pending addition of new management. Not only has SMWF positioned itself to succeed but it will continue to take further steps to continue to build shareholder value.
"This program will continue till it acquires at least $100,000 with an ultimate goal to accumulate as much as $500,000 worth of stock. The 200,000,000 shares will be in the Treasury tomorrow and will be reflected in the overall issued and outstanding," stated Al Reda, CEO of Seamless Corp. "Also we received videos of the prize winners of the July 6th drawing that can be seen on our eCommerce website and for those that want to participate in the July 31 drawing, they should go to www.seamlesssale.com and sign up."
The Prize winners of the July 6th drawing have received their prizes and there is a new Drawing for a 42 inch LCD TV to be held on July 31.
About Seamless Corporation
Seamless Corporation (www.seamlesscorp.com) is quoted on the (OTCBB: SMWF). Seamless develops and markets hardware and software products manufactured by Seamless and others and sells those products through its subsidiary, Seamless Sales LLC (www.seamlesssale.com).
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Seamless Corporation
Investor Relations
1-(866)-284-2835
info@e-mediadirect.com
SOURCE: Seamless Corporation
what do you think this will mean ?
Notification that Quarterly Report will be submitted late (NT 10-Q)
Date : 05/15/2009 @ 3:57PM
Source : Edgar (US Regulatory)
Stock : (SMWF)
Quote : 0.0002 0.0001 (100.00%) @ 3:42PM
- Notification that Quarterly Report will be submitted late (NT 10-Q)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One)
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q
[ ] Form N-SAR
For Period Ended: March 31, 2009
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ________________________
+------------------------------------------------------------------------------+ | | |Read Instruction (on back page) Before Preparing Form. Please Print or Type. | | | | Nothing in this form shall be construed to imply that the Commission has | | verified any information contained herein. | -------------------------------------------------------------------------------+
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
Seamless Wi-Fi, Inc.
--------------------------------------------------------------------------------
Full Name of Registrant:
--------------------------------------------------------------------------------
Former Name if Applicable
800 N. Rainbow Blvd. #208
--------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
Las Vegas, NV 89107
--------------------------------------------------------------------------------
City, State, Zip Code
--------------------------------------------------------------------------------
PART II - RULES 12b-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be XX filed on or before the fifteenth calendar day following the prescribed -- due date; or the subject quarterly report of transition report on Form 10-QSB, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR or the transition report or portion thereof could not be filed within the prescribed time period.
The Registrant is unable to file the subject report in a timely manner because the Registrant was not able to complete timely its financial statements without unreasonable effort or expense.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
Al Reda (775) 588-2387
(Name) (Area Code) (Telephone No.)
(2) Have all other periodic reports required under section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). [X]Yes [ ]No
--------------------------------------------------------------------------------
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [ ]Yes [X]No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
--------------------------------------------------------------------------------
Seamless Wi-Fi, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
Date: May 15, 2009 By: /s/ Albert Reda
----------------------------- -------------------------------------
President
news 03-06-2009:
MonArc Corp (MONA) I.T.I. Bio-Tech Announces Production of the FIRST EVER residential Air-Quality Meter.
MONTREAL, March 6, 2009 /PRNewswire-FirstCall via COMTEX/ -- www.monacorporation.com - The Company - (Pink Sheets:MONA) MONA Operating subsidiary ITI BioTech today after the markets closed announced the introduction of a revolutionary new product, Air-Stat. Air-Stat is a device that monitors the air quality in your home or office space, by showing a color bar and a digital display. It is the only residential air quality meter of its kind. It also monitors the humidity degree and the temperature in C degrees or degrees F. It will be available to the retail market for under a hundred dollars, the closest comparable device costing in the thousands.
This product is highly recommended for every household and individual office space.
"The Air-Stat will effectively identify allergens and contaminants in the air thereby increasing the quality of life for the millions of asthmatics and hyper-allergics worldwide. We will be meeting with health officials in the near future to discuss government subsidies in order to make sure that all the individuals that will benefit from our device will have one in their home. It is estimated there are over 35 million asthma sufferers in North America," stated Paul Sylvestre, President of I.T.I. Bio-Tech.
About I.T.I. Bio-Tech,
ITI is a Bio-Tech company, specializing in the manufacturing of products Eliminating Airborne VOC's. Products manufactured by ITI are laboratory tested, laboratory certified, biodegradable, food grade approved chemicals, natural scents. Using recyclable containers, perforated caps to ensure safety of children and pets and environmentally safe for the well-being of the people and planet.
Disclaimer:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," which are related to future, not past, events. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and (b) our cost of financing, (c) our ability to complete acquisitions and dispositions and the risks associated therewith, and (d) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
CONTACT: corporate@monacorporation.com
SOURCE MonArc Corporation (MONA)
www.prnewswire.com
Filing received Feb 20, 2009:
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=19606
News: 12/18/2008
MonArc Corporation (MONA:PK) Begins Processing Activated Carbon Onsite
PIURA, Peru, Dec 18, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation www.monacorporation.com and www.andrea-sa.com (MONA.PK) is pleased to announce that given the enormous success of our first substantial production run from our in house pregnant activated carbon processing, that we have decided to further expand the facility by including a 20 ton pre-leach tank to the process that we believe will have the capability to increase production by a further 50% along with a second jaw crusher.
Alex Diaz the chief geologist and CEO also reports that "work has also commenced to enclose the processing facility to an all weather facility therefore extending the production hours available to the plant".
Given the cashflow now being generated by the plant, this allows for timely expansion and increased production that is fully supported by the local authorities who visited the plant last week, as well as the addition of the Diego Aron 400ha property, the future is looking very secure.
MonArc Corporation (MONA) Operational Update Peru Andrea SA Gold Mine
BEIJING, Nov 25, 2008 /PRNewswire-FirstCall via COMTEX/ -- Mon Arc Corporation www.monacorporation.com (MonArc) PINKSHEETS: MONA.PK MonArc management is pleased to announce this operational update to its shareholders and followers.
Mr. Alex Diaz, the company geologist and Andrea SA Co-President said, "Andrea SA project is not only an exploration opportunity, but a project in current production with the first full week's 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver. This is a spectacular result given production only began in August of this year, and is only processing about 50 tons per day.
All ore currently being processed at Andrea Gold SA production facility is averaging 12 grams per ton. This is extremely rare in the mining industry to be processing grades as high as this, along with the low wage environment, and modern, latest technology mill and floatation plant, continues to make this plant one of the most profitable operations anywhere in the world.
With current production this represents an expected profit in excess of 1m dollars per year, and with small changes being planned and shortly to be made to the plant, a 2 and 3 fold increase in the level of production is foreseeable. As we move forward with MONA we expect the net profit to reach 2-3 million dollars or a price earnings of around 5c per share. 10-15 million in profit is our projected and an achievable targeted goal within the next 2-3 years."
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
MonArc Corporation (MONA) Completes Peru Andrea SA Gold Mine Merger
BEIJING, Nov 24, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation www.monacorporation.com PINKSHEETS: MONA.PK MonArc management is pleased to announce the closing of the merger with Andrea Gold SA. This merger adds considerable value to MONA shares with the currently operating and producing Gold plant in Northern Peru and associated gold leases have an estimated value of at least 4-5 million dollars.
Key staff of Andrea SA are Mr.Alex Diaz, himself a US trained geologist and his partner Mr.Pablo Rodriguez a qualified metallurgist. Together they have put together an excellent team of experienced mining people and the project is a credit to them. MonArc Corporation intends to name both individuals as one of its officers and board members of the company shortly.
This project is not only an exploration opportunity, but a project in current production with the first full week's 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver. This is a spectacular result given production only began in August of this year, and is only processing about 50 tons per day.
Given the closest processor in Peru is more than 600 miles from Andrea SA plant, this gives a huge advantage in sourcing ore, to supplement the ore from the company leases.
All ore currently being processed at Andrea Gold SA production facility is averaging 12 grams per ton, this is extremely rare in the mining industry to be processing grades as high as this, along with the low wage environment, and modern, latest technology mill and floatation plant, continues to make this plant one of the most profitable operations anywhere in the world.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
MonArc MONA Peru Mine Merger CompletedNov 23, 2008
Pink OTC Markets News Service
Beijing, China—
BEIJING, Nov. 24, 2008 - Mon Arc Corporation www.monacorporation.com (MonArc) PINKSHEETS: MONA.PK MonArc management is pleased to announce the closing of the merger with Andrea Gold SA. Andrea SA and its advisors Advisory Corp, announced
This project is not only an exploration opportunity, but a project in current production with the first full week's 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver. This is a spectacular result given production only began in August of this year, and is only processing about 50 tons per day.
All ore currently being processed at Andrea Gold SA production facility is averaging 12 grams per ton, this is extremely rare in the mining industry to be processing grades as high as this, along with the low wage environment, and modern, latest technology mill and floatation plant, continues to make this plant one of the most profitable operations any where in the world.
Key staff of Andrea SA are Mr.Alex Diaz, himself a US trained geologist and his partner Mr.Pablo Rodriguez a qualified metallurgist.
In other corporate news, the company intends to file on Pink Sheets The financial details of this transaction which includes cash and stock of about 2.5 million dollars. The transaction will see both Mr Mr.Alex Diaz, and Mr.Pablo Rodriguez become majority shareholders with a controlling interest in MonArc. Andrea SA intends to launch its corporate web site shortly.
Safe Harbour statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.