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MGLG HUGE VOLUME
MGLG NEWS
Magellan Energy Ltd. Issues Additional Information on the Potential for the Lankford Lease
TORONTO -- (Marketwire) -- 07/22/09 -- Magellan Energy Ltd. (PINKSHEETS: MGLG) ("Magellan" or "the Company") is pleased to provide shareholders with additional information on its Lankford Lease. The Lankford Lease, comprising of 11 producing wells, is located on the Chattanooga Shale. A recent report on the Chattanooga shale reserve potential (soon to be available on our website) confirms the Company's own due diligence and its subsequent participation in the project with its partner, TMD Energy.
A five county area of Late Devonian Age Chattanooga Shale gas production exists under the Cumberland Plateau. These counties are Scott, Morgan, Fentress, Anderson, and Campbell Counties. The thickness of the Chattanooga Shale under these counties ranges from 30 feet to a known maximum of 828 feet. The natural gas in this reservoir is absorbed onto the surface of organic matter in the Chattanooga black shale. The Chattanooga Shale under the Plateau is in the peak oil phase of thermal maturity and is still generating hydrocarbons.
The Lankford Lease wells are located in Morgan County. Currently, the wells are producing from the Monteagle formation. Monteagle limestone is a Mississippian age formation that is a consistent oil and gas producing formation. Other Monteagle gas wells in the area are still producing commercial quantities of gas after 30 years. The Lankford Lease wells have been drilled to the shale formation and the Company is confident that a significant amount of gas from the formation exists on their lease. The Chattanooga Shale gas reserves under the Cumberland Plateau are substantial and horizontal drilling and re-completion of existing wells will be an important factor in developing them. The Company intends to frac at least two of the wells at the earliest opportunity to increase natural gas production and is considering additional horizontal drilling to maximize long-term gas production from the Chattanooga Shale.
Reserve estimates indicate a conservative gas in place value of 3.198 bcfg/mi.2 for the area under the Cumberland Plateau. These calculations assume a gas content of 20 scf/ton of gas in the Chattanooga Shale. Miller Petroleum, Inc. is in possession of geochemical data that justifies this as a minimal gas in place number.
Miller Petroleum, Inc., KY-TENN Oil, and Knox Energy, LLC are presently developing the natural gas resource on the Cumberland Plateau. There are numerous existing wells on the Cumberland Plateau that can be re-completed as Chattanooga Shale gas wells. The Lankford Lease wells have been drilled to the shale and Magellan believes they are excellent prospects to tap into this reserve.
According to the EIA Annual Energy Outlook 2009, U.S dependence on imported oil is expected to decline over the next 25 years -- due to high prices and limited resources; and natural gas production, led by gas shales, is expected to provide the majority of growth in gas supply. As the economy improves, we should see a marked improvement in the price of natural gas and in the overall value of the Chattanooga Shale gas reserves.
In other corporate news, the Company is currently working on updating its corporate website and will soon have it completed. In regards to the highly anticipated production numbers, they have obviously not been received in the time frame anticipated and we ask our shareholders for their continued patience as we will have an update shortly.
About Magellan Energy: Magellan Energy is a publicly traded independent oil and gas company (PINKSHEETS: MGLG). The company is actively acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Tennessee and Oklahoma. Once acquired, the company intends to develop each property to maximize the income from each property byre-establishing production, refurbishing and improving the existing production and operations.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
Contact:
MAGELLAN ENERGY LTD.
Member of the Tennessee Oil and Gas Association
Website: http://www.magellan-energy.com
Phone: 1-866-365-4724
Looks like its building a new base here at 3's.
The Fight Zone Inc.'s Name Change Underway to Gold Recycle Corporation
ADDISON, TX -- (Marketwire) -- 07/22/09 -- The Fight Zone Inc. (PINKSHEETS: TFZI) today announced that the Company has changed its name to Gold Recycle Corporation.
GRC's Co-CEO, Buckeye Epstein, said, "We've changed our name with the State of Colorado and we are in the process of making the change with FINRA.
The name change will clear up the confusion with regard to the Company's name and make it easier for investors to access proper information with regard to GRC."
The metals recycling business is the second biggest source of gold, silver and platinum. An estimated $9 billion is spent on jewelry every year in the U.S. alone. Worldwide, between 23% and 25% of the gold supply comes from recycling. That translates into 30 million ounces of gold into the global market from recycling which equals $20 billion annually.
The gold recycling business is a $20 billion annual business. GRC Management is forecasting gross revenues of $2 to 4 million in the first 12 months of operation.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of The Fight Zone's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Jennifer Goldstein
1-866-786-4443
Thanks Joe, will add some today.
IGNT HUGE GAP IMO!
Joe,what is your target price on this one ?
Thanks Chemistry for the update.
250 Unit Condo Association Signs Up to Use Interaction
ATLANTA, GA -- (Marketwire) -- 07/21/09 -- F3 Technologies, Inc. (PINKSHEETS: FTCH) is very pleased to announce that its strategic partner and Interaction Community Systems reseller has signed yet another major community in South Florida. Coastal Group Publications (CGP) has enrolled Ocean One, a 250 unit high-rise, luxury condominium in Miami, to use the Interaction Community System to run their condo association. Coastal Group Publications is the exclusive reseller of Interaction Community System in South Florida and currently caters to roughly 15,000 homeowners through their newsletters.
"This is the 3rd association that has signed up in the South Florida market. Condominiums represent a very significant market for F3 and Interaction. Many of these homes are owned by international travelers either as their main residence and/or second home. Interaction enables all owners to stay informed and pay their association fees thru the system whether the homeowner is home or away overseas. Staying true to their Domino Effect quote several weeks ago CGP is well on their way to dominating the South Florida market," said Frank Connor, CEO of F3 Technologies, Inc.
Mark Valdes, CEO of Coastal Group Publications, said, "We believe that Interaction could very well dominate the South Florida HOA market. There are literally thousands of HOAs here that are in desperate need of an on-line system to streamline the business of running their association."
James Canouse, President of F3 Technologies, said, "We are very excited about the initial successes we are seeing from CGP but also believe that this is just the tip of the proverbial iceberg. We are also expecting to see great things from our partners in Illinois, Paymenting, LLC, as well as Hygeia Group, LLC, our partners in Texas. We are working on similar type arrangements with other groups around the US and hope to announce them very soon. As our business expands we are starting to explore certain acquisition opportunities that we believe will not only enhance our current product offerings but also bring existing revenue streams and ultimately enhance our shareholders value. We hope to have more information on these events as they unfold."
About F3 Technologies, Inc.
F3 Technologies, Inc. (F3) is an Atlanta-based Software-as-a-Service application service provider created to provide on demand internet solutions to consumers and small to mid-sized companies. F3 currently has three distinctive products: Fargotube.com, Ascend Global Systems and Interaction Community Systems.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as anticipate, believe, expect, future, may, will, would, should, plan, projected, intend and similar expressions. Such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
Contact:
James Canouse
President
F3 Technologies, Inc.
ir@f3technologies.com
770-521-2194
EWKS NEWS~
Earthworks Entertainment's Z~Force to Be Seen at Comic-Con, the World's Biggest Comic Book & Pop Culture Sci-Fi Convention
ADDISON, TX -- (Marketwire) -- 07/21/09 -- Earthworks Entertainment Inc.'s (PINKSHEETS: EWKS) Z~Force will be seen at the Comic-Con Convention, held in San Diego July 23rd through 26th.
Steven Humphries, Earthworks Entertainment Inc.'s CEO, in making the announcement said, "According to USA Today the Comic-Con Convention hit the 125,000 visitor mark in its four day run in 2007. This year's crowd is expected to exceed that." It is the largest event of its kind in the world.
As part of its on-going pre-launch publicity campaign, Z~Force will be featured on the collectable Comic-Con Special Issue back cover of Animation Magazine which is read by the leading entertainment and licensing industry executive decision makers and buyers.
Peter Keefe, Z~Force creator and director of its sales & marketing campaign along with the Animation Development Company, stated, "Hollywood Studios, major TV Networks and licensors ranging from the Publishing & Video Game Industries to the Toy Companies all recognize Comic-Con as a very major opportunity to exhibit and discover new entertainment properties in a truly 'viral' marketing environment. It's a phenomenal one-of-a-kind festival."
The Z~Force is a unique action-adventure animated show starring young heroes who transform into their Asian Zodiac Power Animal (as in Year of the Dragon, Year of the Tiger, Monkey, Horse, etc.). There is a fantastic attraction for children viewers who will want to role-play and experience their very own Zodiac Power Animal.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Earthworks Entertainment's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Tom Derby
877-381-5720
Earthworks Entertainment's Z~Force to Be Seen at Comic-Con, the World's Biggest Comic Book & Pop Culture Sci-Fi Convention
ADDISON, TX -- (Marketwire) -- 07/21/09 -- Earthworks Entertainment Inc.'s (PINKSHEETS: EWKS) Z~Force will be seen at the Comic-Con Convention, held in San Diego July 23rd through 26th.
Steven Humphries, Earthworks Entertainment Inc.'s CEO, in making the announcement said, "According to USA Today the Comic-Con Convention hit the 125,000 visitor mark in its four day run in 2007. This year's crowd is expected to exceed that." It is the largest event of its kind in the world.
As part of its on-going pre-launch publicity campaign, Z~Force will be featured on the collectable Comic-Con Special Issue back cover of Animation Magazine which is read by the leading entertainment and licensing industry executive decision makers and buyers.
Peter Keefe, Z~Force creator and director of its sales & marketing campaign along with the Animation Development Company, stated, "Hollywood Studios, major TV Networks and licensors ranging from the Publishing & Video Game Industries to the Toy Companies all recognize Comic-Con as a very major opportunity to exhibit and discover new entertainment properties in a truly 'viral' marketing environment. It's a phenomenal one-of-a-kind festival."
The Z~Force is a unique action-adventure animated show starring young heroes who transform into their Asian Zodiac Power Animal (as in Year of the Dragon, Year of the Tiger, Monkey, Horse, etc.). There is a fantastic attraction for children viewers who will want to role-play and experience their very own Zodiac Power Animal.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Earthworks Entertainment's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Tom Derby
877-381-5720
Zcom Networks Announces "Talk Money TV" Broadcast Commencement
LOS ANGELES, CA -- (Marketwire) -- 07/21/09 -- Zcom Networks, Inc. (PINKSHEETS: ZCNW) announced today that, through its subsidiary, Speedia Media, Inc., it has commenced broadcasting of "Talk Money TV" (www.talkmoneytv.com) on satellite broadcasting. "Talk Money TV" is positioned with a mission to become one of the most innovative financial/business channels by providing a platform for CEOs and entrepreneurs to present their message as well as their products and services. "Talk Money TV" will be one of the most concise and audience focused programs providing financial, economic, and general business information highlighting Micro-Cap companies with live and pre-recorded content.
"We are tapping into an enormous market with the power of Direct Broadcast Satellite (DBS). Since we are broadcasting our regular programming free of charge, we have access to a captive market of over 8 million homes in North America through a satellite broadcasting system alone. Our IP TV services provide immediate access to additional audiences globally. Our business model is based on an optimum blend of revenue sources including sale of shows, advertising, E-commerce and revenue sharing," said Dr. Alex Parsinia, CEO of Zcom. "In our debut broadcast program, our guests included Dr. John Faessel, CEO of 'On the Market' a well-known and respected investor newsletter and Pete Mountanos, CEO of Real Aloe Corp.
and Dr. Alex Parsinia, CEO of Zcom."
For more information, visit www.zcomnetworks.net
About Zcom
Zcom is a multi-industry company. Through its subsidiaries and holdings, it has three core businesses: Media Broadcasting, Telecom, and Mineral rights/Real Estate. Zcom offers radio and video content delivered live and on demand over the internet. Audiences can access programs 24 hours a day, seven days a week, directly or via podcast. The company's Satellite TV broadcast, "Talk Money TV," reaches nearly 10 million total potential viewing households in the US, Canada and Mexico. In the Telecom Sector, Zcom offers voice and data termination services to wholesale and retail customers for both fixed and fixed to mobile platforms with interconnectivity through VOIP, TDM, E1, or traditional interfaces. Zcom's Mineral Rights/Real Estate Division owns a mining development, exploration, and extraction company with a 160-acre gold, silver, tungsten, platinum and copper placer mining claim -- CLS #12 in Ridgecrest, California.
Additionally, Zcom is a joint venture partner in the Playa Paraiso Development Project in Panama, which includes the construction and sale of 5 beachfront villas and 20 condominiums. Please visit www.zcomnetworks.net.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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Contact:
Zcom Networks, Inc.
Dr. Alex Parsinia
CEO
Email Contact
310-754-5599
800-429-8182
AMNE NEWS~
AMNE Receives Approval From FINRA for 5 for 1 Forward Split
NEW HAVEN, CT -- (Marketwire) -- 07/21/09 -- American Green Group, Inc. (PINKSHEETS: AMNE) announced today the Company has received approval from FINRA to proceed with its 5-1 Forward Stock Split.
The record date is July 31, 2009 and the Ex-Dividend Date is August 5, 2009 the shares will be delivered to shareholders without any further action on their part.
AMNE appreciates the patience of its shareholders while the Company went through this very lengthy process. The Company strives to deliver and perform for the shareholders, but cannot anticipate the kind of delays it recently dealt with in trying to get approval for the forward split.
In other News:
AMNE would like to invite everyone to visit its news web site www.americangreengroup.com and join the mailing list. The Company was successful in obtaining its original domain name and has been working to integrate all the components of the Company in one site.
Over the course of the next few weeks the Company will continue to update shareholders of the recent progress the Company has made in several areas.
FORWARD-LOOKING STATEMENTS: The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or by similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
AMNE NEWS~
AMNE Receives Approval From FINRA for 5 for 1 Forward Split
NEW HAVEN, CT -- (Marketwire) -- 07/21/09 -- American Green Group, Inc. (PINKSHEETS: AMNE) announced today the Company has received approval from FINRA to proceed with its 5-1 Forward Stock Split.
The record date is July 31, 2009 and the Ex-Dividend Date is August 5, 2009 the shares will be delivered to shareholders without any further action on their part.
AMNE appreciates the patience of its shareholders while the Company went through this very lengthy process. The Company strives to deliver and perform for the shareholders, but cannot anticipate the kind of delays it recently dealt with in trying to get approval for the forward split.
In other News:
AMNE would like to invite everyone to visit its news web site www.americangreengroup.com and join the mailing list. The Company was successful in obtaining its original domain name and has been working to integrate all the components of the Company in one site.
Over the course of the next few weeks the Company will continue to update shareholders of the recent progress the Company has made in several areas.
FORWARD-LOOKING STATEMENTS: The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or by similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
AMNE HOD .0058
AMNE HUGE volume
BEHL NEWS
South Korean Delegation to Review BioCentric Photobioreactor
SAN JUAN CAPISTRANO, CA -- (Marketwire) -- 07/20/09 -- BioCentric Energy Holdings, Inc.(PINKSHEETS: BEHL) today announced the company has received a request from a South Korean Municipality Official to visit the company's facility in San Juan Capistrano, California this month with a view to facilitating the company's equipment for production of ALGAE farms in South Korea.
BioCentric President Dennis Fisher today commented, "The company received the Inquiry last week, and since then, the request for a review by the official of the closed loop Photobioreactor has been accelerated to this month. Aquaculture of ALGAE has become an economically important industry both in China and South Korea. In China, www.wwf.or.jp/activity/g200/marine/203/lib/200710y-seamap07e.pdf."
Mr. Fisher further commented, "In my opinion, the use of ALGAE-based supplements and alternative fuel products would make a significant difference to the South Korean economic climate and enhance their already impressive objectives of continuing to create an all 'Green' South Korean environment."
Dennis Shen, BioCentric's CTO and Vice President, is currently visiting Asia meeting with potential Licensees and component manufacturers for the company's closed loop Photobioreactor system.
Mr. Shen's trip includes discussions with the company's scientific research team at the University of Prague and a definitive meeting with "EcoFuel" relative to the potential alliance between the two companies.
View this release in video format: http://vodnewswire.com/vodnewswire/news/biocentric-energy-20090720/
About BioCentric Energy Holdings, Inc.
Biocentric Energy Holdings, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green alternatives to the marketplace.
www.biocentricenergy.com & www.biocentricenergyalgae.com
Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BEHL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements.
All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
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Contact:
Dale Baeten
BioCentric Investor Relations
Office: 920-273-7941
IGNT moving~
only 2 left@.0004
ZCNW- 3 @.0004
IGNT Gapping~
IGNT premarket trading...already 500k volume
Zcom Networks Subsidiary Announces Compliance and Record Revenue and Earnings
LOS ANGELES, CA -- (Marketwire) -- 07/20/09 -- Zcom Networks, Inc. (PINKSHEETS: ZCNW) announced today that Kortel Communications, Inc. (www.kortel.net), a Zcom Subsidiary, recorded annual revenue of $16,292,730 and profitable operations for 2008. In addition, Kortel, which provides a wide range of telecommunication services with extensive network infrastructure, international routes, and connectivity, has obtained its complaisance with Cisco, Quintum, Neura, and all H323 systems. This reach minimizes, or can even eliminate, the local access circuit cost which all too often becomes the highest cost item in connectivity. Kortel's domestic and international interconnection are offered via VOIP (Voice over Internet Protocol), TDM derived, E1, or traditional interfaces. "Utilizing its extensive cost effective proprietary IP/TDM hybrid switch and network POPS globally, Kortel provides voice and data termination services with highest quality and reliability," said Dr. Alex Parsinia, CEO of Zcom. "We are looking forward to continued development by Kortel from its constantly expanding customer base."
For more information, visit www.zcomnetworks.net
About Zcom
Zcom is a multi-industry company. Through its subsidiaries and holdings, it has three core businesses: Media Broadcasting, Telecom, and Mineral rights/Real Estate. Zcom offers radio and video content delivered live and on demand over the internet. Audiences can access programs 24 hours a day, seven days a week, directly or via podcast. The company's Satellite TV broadcast, Talk Money TV, reaches nearly 10 million total potential viewing households in the US, Canada and Mexico. In the Telecom Sector, Zcom offers voice and data termination services to wholesale and retail customers for both fixed and fixed to mobile platforms with interconnectivity through VOIP, TDM, E1, or traditional interfaces. Zcom's Mineral Rights/Real Estate Division owns a mining development, exploration, and extraction company with a 160-acre gold, silver, tungsten, platinum and copper placer mining claim -- CLS #12 in Ridgecrest, California. Additionally, Zcom is a joint venture partner in the Playa Paraiso Development Project in Panama, which includes the construction and sale of 5 beachfront villas and 20 condominiums. Please visit www.zcomnetworks.net.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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Contact:
Zcom Networks, Inc.
Dr. Alex Parsinia
CEO
Email Contact
310-754-5599
800-429-8182
North Bay Resources Inc. (NBRI) Adds to Coronation Gold Property
SKIPPACK, PA -- (Marketwire) -- 07/20/09 -- North Bay Resources Inc. (PINKSHEETS: NBRI) ("North Bay" or the "Company") is pleased to announce that it has staked additional claims adjacent to the Company's Coronation Gold Property, effectively tripling its size.
Coronation Gold is located near Memphis Creek, 6 kilometres northeast of Slocan in southeastern British Columbia. The property now covers 309 acres over several reverted crown grants and includes four other past-producing mines; the Colorado (MINFILE 082FNW161), the V&M (MINFILE 082FNW191), the Senator (MINFILE 082FNW164), and the Homestake (MINFILE 082FNW213), in addition to the Coronation (MINFILE 082FNW162). Primary mineralization is gold, silver, zinc, and lead. The highest combined historical (post-production) assays are 16.8 grams (0.54 ounces) per tonne gold, 6000 grams (192 ounces) per tonne silver, 10.9% zinc, and 1.2% lead.
According to BC Assessment Report 18603, the Coronation was reported to have past-production of as much as 13,000 grams (418 ounces) per tonne silver and 20% lead. A more recent sample of tetrahedrite-bearing ore from the portal assayed 2.1 grams per tonne gold and 6000 grams (192 ounces) per tonne silver, and a sample from the Coronation dump assayed 0.4 gram per tonne gold, 2414 grams (77.6 ounces) per tonne silver, 1.2% lead and 10.9% zinc. The same report documents samples from the Senator adit that assayed 6.1 grams per tonne gold and 1080 grams (34.7 ounces) per tonne silver over 0.3 metres on a quartz-pyrite vein, and 16.8 grams (0.54 ounces) per tonne gold and 549 grams (17.65 ounces) per tonne silver over 0.5 metres on a quartz-pyrite vein from the V&M mine adit.
The new claims include the past-producing Homestake mine (MINFILE 082FNW213), which was also previously known as the Hamilton. Significant gold and silver values are reportedly associated with mainly pyrite mineralization, accompanied by minor tetrahedrite, arsenopyrite, and native silver. The principal structure hosting the vein is a shear zone about 3 metres wide that cuts a coarse porphyritic phase of the Nelson granitic batholith. Past-production at the Homestake averaged 23.3 grams (0.75 ounces) per tonne gold, 2611 grams (83.95 ounces) per tonne silver, 1.33% lead and 1.52% zinc.
The Coronation Gold property is approximately 7 kilometres southwest of the Company's partial interest in the Willa mine, where a 2005 NI 43-101 report measured the resource as 3,989,494 tonnes grading 3.23 grams gold, 7.16 grams silver, and 0.53% copper based on a 1.5-gram gold per tonne cutoff.
It is also 5 kilometres west of the Company's Silver Leaf property, and 13 kilometres southwest of the Company's North Star Silver property. Combined with other claims in the area, North Bay is now second to only Klondike Silver Corp. as one of the largest claim owners in the Slocan Mining Camp.
About North Bay Resources Inc.
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 140 mineral and placer claims encompassing approximately 50,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential.
North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
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 North Bay Resources Inc. 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 North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Contact:
Perry Leopold
CEO
North Bay Resources Inc.
215-661-1100
http://www.northbayresources.com
IGNT NEWS~
Ingen Receives $100,000 Purchase Order From Oxygen Supplier for New Oxyview-Nasal Cannula
* Press Release
* Source: Ingen Technologies, Inc.
* On Friday July 17, 2009, 4:15 pm EDT
YUCAIPA, Calif., July 17, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading Medical Device Manufacturer focused in the $8 Billion global Respiratory Markets for the growing aging population and emerging markets for Home (DME), Hospital and Aviation Industries, announced today that the company has received a purchase order from MedOx Corporation for 40,000 Oxyview-Nasal Cannulas.
"This is a positive indication that the new Oxyview Nasal Cannula is attractive to oxygen suppliers on a global basis," stated Thomas J. Neavitt, Chief Financial officer for Ingen Technologies.
The Oxyview flow meter is a significant advance in the technology. When first launched in November 2007, it represented a new generation of pneumatic real-time safety devices. It has some notable features: accurate to within plus-minus 3% and versatile enough to work with all respiratory equipment -- CPAP, concentrators, liquid and gas cylinders, on-demand conservers and more. It is not gravity-dependent and so can be placed at any point in the tubing, even by the patients themselves. Having the device close by for easy viewing allows the patient assurance and confidence, knowing that there is a flow of oxygen at the correct level. They are also able to quickly see if the regulator or concentrator is not working properly.
Further benefits are that Ingen Technologies manufactures the reusable Oxyview device that retails for $24.95 and comes with a life-time warranty. The company also manufactures the new disposable Oxyview Nasal Cannula for adults, children and infants. This novel device sells for only $5.75 and is a quality soft-tip cannula. The infant device measures either from 0-6 liters/minute or from 0-3 liters/minute in increments of one-quarter.
The significance of this new device is that it encompasses the flow device within a cannula -- the flow meter cannot be removed and the entire assembly is ultimately disposable. Yet the cost is comparable to the cost of a conventional cannula, but with all the benefits of Oxyview. Although budget constraints are hitting everybody hard, the Oxyview Nasal Cannula should greatly decrease unnecessary service calls. So the investment made in the cost of the devices can be recovered by not incurring the expense of those unnecessary calls. It is a straightforward financial justification!
Regulatory requirements are also a factor. Gary Scalf, V/P Respiratory Operations for Specialized Medical Services, Milwaukee, WI has commented that some state inspectors are starting to require a quick and simple visual detection of oxygen flow. In his opinion, the Oxyview meets these requirements.
And most important of all is the response from patients. They are very pleased with the Oxyview and not surprisingly, report that it meets their need to be reassured that oxygen is being supplied when and where it matters most. That is the ultimate benefit.
We all need oxygen in the right place at the right time and at the right concentration. For those requiring supplemental oxygen, these criteria are even more critical. The Oxyview not only allows the patient to be reassured about delivery and flow of oxygen, but also does so with considerable economic benefits to the supplier. Everyone benefits from this simple, elegant and effective device!
About Oxyview:
Oxyview is a proprietary medical device with U.S. issued patents that stands alone in an increasing patient home oxygen therapy market while there are 23 million patients diagnosed with chronic obstructive pulmonary disease (COPD) in the United States, according to the World Health Organization, and another 12 million patients that are undiagnosed in the U.S. COPD is the fifth leading cause of death in the U.S. and there are 600 million COPD patients worldwide where, in most cases, COPD is either the first or second leading cause of death in other countries. The majority of COPD patients require continued home oxygen therapy, which includes all of the required equipment supplied by the home (DME) provider. With the new regulations for oxygen reimbursement in the U.S., the home (DME) providers need to cut costs to stay in business. Oxyview provides a substantial savings as a result of decreasing the number of service calls for the home (DME) provider. Oxyview is a pneumatic metering device that displays oxygen flow near the patient. The Oxyview flow meter easily and quickly installs on to the oxygen tubing nearest the patient where oxygen flow matters the most. Without the Oxyview, patients cannot confirm oxygen flow, and as a result there is an increase in anxiety and the patient calls the home (DME) provider with concerns. Oxyview also allows the home (DME) provider to trouble-shoot other equipment problems over the telephone which eliminates an on-site visit with the patient. More important, the Oxyview provides the patient with more assurance that they are receiving adequate and prescribed oxygen flow. The Oxyviews cost less than a single service call.
www.ingen-tech.com
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Contact:
Ingen Technologies, Inc.
Chris Wirth
909-790-7180
info@ingen-tech.com
www.INGEN-TECH.COM
Ingen Receives $100,000 Purchase Order From Oxygen Supplier for New Oxyview-Nasal Cannula
* Press Release
* Source: Ingen Technologies, Inc.
* On Friday July 17, 2009, 4:15 pm EDT
YUCAIPA, Calif., July 17, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading Medical Device Manufacturer focused in the $8 Billion global Respiratory Markets for the growing aging population and emerging markets for Home (DME), Hospital and Aviation Industries, announced today that the company has received a purchase order from MedOx Corporation for 40,000 Oxyview-Nasal Cannulas.
"This is a positive indication that the new Oxyview Nasal Cannula is attractive to oxygen suppliers on a global basis," stated Thomas J. Neavitt, Chief Financial officer for Ingen Technologies.
The Oxyview flow meter is a significant advance in the technology. When first launched in November 2007, it represented a new generation of pneumatic real-time safety devices. It has some notable features: accurate to within plus-minus 3% and versatile enough to work with all respiratory equipment -- CPAP, concentrators, liquid and gas cylinders, on-demand conservers and more. It is not gravity-dependent and so can be placed at any point in the tubing, even by the patients themselves. Having the device close by for easy viewing allows the patient assurance and confidence, knowing that there is a flow of oxygen at the correct level. They are also able to quickly see if the regulator or concentrator is not working properly.
Further benefits are that Ingen Technologies manufactures the reusable Oxyview device that retails for $24.95 and comes with a life-time warranty. The company also manufactures the new disposable Oxyview Nasal Cannula for adults, children and infants. This novel device sells for only $5.75 and is a quality soft-tip cannula. The infant device measures either from 0-6 liters/minute or from 0-3 liters/minute in increments of one-quarter.
The significance of this new device is that it encompasses the flow device within a cannula -- the flow meter cannot be removed and the entire assembly is ultimately disposable. Yet the cost is comparable to the cost of a conventional cannula, but with all the benefits of Oxyview. Although budget constraints are hitting everybody hard, the Oxyview Nasal Cannula should greatly decrease unnecessary service calls. So the investment made in the cost of the devices can be recovered by not incurring the expense of those unnecessary calls. It is a straightforward financial justification!
Regulatory requirements are also a factor. Gary Scalf, V/P Respiratory Operations for Specialized Medical Services, Milwaukee, WI has commented that some state inspectors are starting to require a quick and simple visual detection of oxygen flow. In his opinion, the Oxyview meets these requirements.
And most important of all is the response from patients. They are very pleased with the Oxyview and not surprisingly, report that it meets their need to be reassured that oxygen is being supplied when and where it matters most. That is the ultimate benefit.
We all need oxygen in the right place at the right time and at the right concentration. For those requiring supplemental oxygen, these criteria are even more critical. The Oxyview not only allows the patient to be reassured about delivery and flow of oxygen, but also does so with considerable economic benefits to the supplier. Everyone benefits from this simple, elegant and effective device!
About Oxyview:
Oxyview is a proprietary medical device with U.S. issued patents that stands alone in an increasing patient home oxygen therapy market while there are 23 million patients diagnosed with chronic obstructive pulmonary disease (COPD) in the United States, according to the World Health Organization, and another 12 million patients that are undiagnosed in the U.S. COPD is the fifth leading cause of death in the U.S. and there are 600 million COPD patients worldwide where, in most cases, COPD is either the first or second leading cause of death in other countries. The majority of COPD patients require continued home oxygen therapy, which includes all of the required equipment supplied by the home (DME) provider. With the new regulations for oxygen reimbursement in the U.S., the home (DME) providers need to cut costs to stay in business. Oxyview provides a substantial savings as a result of decreasing the number of service calls for the home (DME) provider. Oxyview is a pneumatic metering device that displays oxygen flow near the patient. The Oxyview flow meter easily and quickly installs on to the oxygen tubing nearest the patient where oxygen flow matters the most. Without the Oxyview, patients cannot confirm oxygen flow, and as a result there is an increase in anxiety and the patient calls the home (DME) provider with concerns. Oxyview also allows the home (DME) provider to trouble-shoot other equipment problems over the telephone which eliminates an on-site visit with the patient. More important, the Oxyview provides the patient with more assurance that they are receiving adequate and prescribed oxygen flow. The Oxyviews cost less than a single service call.
www.ingen-tech.com
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Contact:
Ingen Technologies, Inc.
Chris Wirth
909-790-7180
info@ingen-tech.com
www.INGEN-TECH.COM
Monday should be interesting.People at Yahoo board are very excited.
IGNT looks like a GAPPER monday IMO.
IGNT HUGE volume.
NSMG Uptick
I'm in NSMG.
8 left @.0002
IMGR ONLY 1 LEFT@.0009
IMGR HUGE buys
IMGR 1 LEFT @.0009
IMGR running !
WOW IMGR !!!
Clay,I signed up for Bull Market Newsletter and I must say, ebook is very informative.Thanks for the link.
EWKS has many things to look forward to in September.
yes indeed.This is a good short term play IMO