Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NCDP .0124 NEWS
IPWG .06X.08 :) added new mm too [ETRD]
IPWG .055
IPWG: International Power Group Signs Contract With Naanovo Energy F
r a 300 Million Dollar Waste To Energy Plant in Mexic
B: International Power Group Signs Contract With Naanovo Energy For a 300 Millio
Dollar Waste To Energy Plant in Mexico
International Power Group, Ltd. (Pink Sheets: IPWG) announced today that it
has executed a contract with Naanovo Energy to build a three hundred million
dollars ($300,000,000) for a twelve module waste to energy plant. Also, a
contract has been executed with Providence Financial Services to finance the
waste to energy plant in Mexico. (http://www.naanovo.com).
With Naanovo's proprietary waste to energy technology, each of the twelve (12)
modules are capable of combusting one hundred eighty (180) tons of municipal
solid waste per day. The modules reduce the waste to levels that are below 10%
of its original volume and 20% of its original weight. The plant will generate a
minimum of six (6) megawatts of electricity as a byproduct of the process. In
addition, the natural byproduct of each Waste To Energy module is distilled
water in substantial quantity (145,920 gallons per day).
The financing would be collateralized by the waste contracts currently held by
International Power Group. Additional collateralization would be provided by the
sale of energy and water, which would be generated by production of this
facility. Annual sales of electricity are projected to be one hundred thirty
five million dollars ($135,000,000) and water projected to be fifty million
($50,000,000). Waste contracts that will fuel the Waste to Energy plant are also
projected to be three hundred million dollars ($300,000,000). Under normal
circumstances it will take as little as sixteen (16) months from commencement of
site engineering to completion of construction. A period of at least one (1)
year is usually required after construction to fine tune the plant to its
desired level of performance.
About Naanovo Energy:
Naanovo Energy, Inc. (Naanovo) is a global alternative energy company based in
Calgary, Alberta, Canada with regional offices in Angelholm, Sweden, Portland,
Oregon, USA, Aruba, Dutch Antilles and Dubai, United Arab Emirates. Its recent
amalgamation with two Swedish companies, Anovo AB and Add power AB, has made
Naanovo a world leader in using biomass and municipal solid waste incineration
technology, as well as new and innovative waste heat to energy technologies, for
the generation of electricity.
Anovo AB and Add power AB are well known in Sweden, one of the leading countries
in the world for converting waste into energy, as the creators and patent
holders of a majority of these technologies. The company believes its
technologies are superior to all of their competitors. Until their amalgamation
with Naanovo, Anovo AB and Add power AB focused all of their engineering and
sales efforts in Sweden where they developed eight waste to energy plants and
licensed their technology for many other projects. Since that time, Naanovo has
dramatically expanded the company's sales efforts to include North America,
South America, the Caribbean, Europe and Asia. Sales are expected to exceed $3
billion in 2005 and to double in 2006. At the same time, the company's modular
plant and systems design philosophy is allowing it to rapidly expand production
throughout the world and lower costs of key components and systems. This is also
expected to significantly reduce plant and system construction time and costs
while providing for expansion of these facilities on an as needed basis without
operational disruption.
About Providence Financial Services:
Providence Financial Services, L.L.C. ("PFS"), acts as a facilitator to provide
financing, corporate structure and business advice. On average, each of the PFS
partners has more than 35 years of experience in their respective areas of
expertise and has arranged aggregations, financings and transactions of over one
billion dollars per partner. Past transactions executed by the PFS partners have
involved public companies, private concerns and government entities
About International Power Group, Ltd: (IPWG)
The Company is dedicated to promoting cooperation among energy producing
industries and nations through the advancement of environmentally friendly
practices. Through its international contacts, the Company is uniquely
positioned to address the various waste management needs of developing
industrial nations as well as the waste disposal needs of industrial nations in
Asia and the Pacific Rim.
Safe Harbor Act Disclaimer: 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. The Company's
actual results, performance, and achievements may differ materially from the
results, performance, and achievements expressed or implied in such
forward-looking statements.
The Pink Sheets does not require companies whose securities are quoted upon its
systems to meet any listing requirements. With the exception of a few foreign
issuers, the companies quoted in the Pink Sheets tend to be closely held,
extremely small and/or thinly traded. Most do not meet the minimum listing
requirements for trading on a national securities exchange, such as the New York
Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file
periodic reports or audited financial statements with the SEC, making it very
difficult for investors to find reliable, unbiased information about those
companies. For all of these reasons, companies quoted in the Pink Sheets can be
among the most risky investments. That's why you should take extra care to
thoroughly research any company quoted exclusively in the Pink Sheets. Be aware
that some broker-dealers are required by SEC Rule 15c2-11 to have some
information about the issuer. Ask your broker-dealer whether it has any Rule
15c2-11 information before you invest.
SOURCE: International Power Group, Ltd.
CONTACT: International Power Group, Ltd.
Peter N. Toscano, 973-875-6423
www.international-power.com
Copyright Business Wire 2005
-0-
KEYWORD: United States
Mexico
North America
Central America
New Jersey
INDUSTRY KEYWORD: Energy
Alternative Energy
Oil/Gas
Other Energy
SUBJECT CODE: Contract/Agreement
Product/Service
*** end of story ***
Ha Jin Jhun connections are way to strong to let fklt stay under a dime glta wb ps awesome call wayne !!!thanks AAAgain :
http://www.venturekorea.org/eng/overview/greetings_2.jsp
FEMO @ .02 (52 wk low)
ok i guess 72232 was over the top but id just like to show some support for daytraders station one of the most honest ,ethical,& "Real" boards that actually has ...get this "VALUES" gl & thanks to ya all wb
SUOG .067 NICE DROP looks due for a bounce?
FKLT Franklin Wireless Appoints New Chief Executive ( MARKET WIRE )
B: Franklin Wireless Appoints New Chief Executive ( MARKET WIRE )
SAN DIEGO, CA, May 13, 2005 (MARKET WIRE via COMTEX) -- Franklin Wireless
Corporation (OTC: FKLT) (www.fklt.com), an emerging
developer/manufacturer/marketer of wireless communications devices, today
announced the appointment of Ha Jin Jhun as Chief Executive Officer as of April
15th, 2005. Mr. Jhun brings 20 years of high tech high-level management
experience to Franklin Wireless. Mr. Jhun was chosen as one of the world's 100
"Technology Pioneers" by the World Economic Forum (www.weforum.org) in 2001 for
his outstanding managerial and marketing performance as the CEO of Haansoft,
Korea's most prestigious software company.
During the time he served as the CEO of Haansoft, his managerial skills proved
to be the driving force behind the company's dramatic rise to the top of the
industry while the rest of the Asia struggled during the financial crisis of
1998. Haansoft, producer and marketer of the Korean word processor software
('Hangul'), has been quipped the 'Microsoft of Korea.' Holder of the largest
market share in Korea since 1990, Haansoft has even fended off competition from
the ominous Microsoft, the second largest market shareholder in Korea. Despite
the company's hardship during the 1998 Asian financial crisis, Mr. Jhun
successfully recapitalized the company and turned the company back to
profitability. Mr. Jhun's success in turning around the company raised the value
of Haansoft to a whole new level -- increasing the market cap of the company to
$2.5 billion during late 1999.
Mr. Jhun started his professional career at LG Electronics as the
system/marketing engineer. After getting the taste of the startup industry
during his one-year stay in Japan, he began his own education-related startup
software company in the US. Under the name of 'ZOI World,' his US-based company
profited by exporting its software to sixteen different countries.
Mr. Jhun is currently the Vice Chairman of 'KOVA (Korea Venture Business
Association)' and represents 10,000 Korea-based startup companies. Furthermore,
as the Chairman of the 'INKE (International Network of Korean Entrepreneur)'
since 2002, he has skillfully managed the global business network for the Korean
startup companies with their western counterparts.
He majored in Industrial Engineering at 'Inha University' of Korea and has an
MBA degree from 'Yonsei University.' He also completed the SEIT course at the
Stanford University.
"We are extremely pleased welcome Mr. Jhun to Franklin Wireless and look forward
to benefiting from his strong expertise in high tech organization leadership and
his vast amount of experience in turn-arounds," stated Gary Nelson, an outside
director of the Company. "The addition of Mr. Jhun is critical to Franklin
Wireless, which is in need of strong leadership. We are expecting a lot from
him."
"I am delighted to join Franklin and look forward to making an impact by
developing and implementing new company vision and strategies to turn this
entity around to profitability. I believe Franklin has a lot of potential going
forward with its current sales and marketing channels with global wireless
carriers and major telecom equipment distributors as well as its strong
affiliation to Korea, where CDMA technology was bred. Along with the existing
management members, I look forward to restructuring the company's business
model, achieving profitability, sustaining growth and expanding our market
globally."
About Franklin Wireless
Based in San Diego, California, Franklin Wireless Corporation (OTC: FKLT), an
emerging developer of wireless communications devices for the wireless
telecommunications industry, designs, develops, manufactures, and markets
wireless products for the global wireless subscribers. The company's product
lines incorporate both GSM and CDMA technology, the world's leading cellular
standards. At present, the company markets its products to small to medium-sized
North, Central, and South American carriers and major distributors.
Certain statements in this press release constitute "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements, expressed or
implied by such forward-looking statements.
Contact:
Hugh Kim
858-623-0000 x102
hkim@fklt.com
SOURCE: Franklin Wireless Corporation
CONTACT: mailto:hkim@fklt.com
Copyright 2005 Market Wire, All rights reserved.
-0-
SUBJECT CODE: Telecom:Wireless
*** end of story ***
DRGV : Dragon Venture Completes Acquisition of 51% Ownership of Shang
ai Cnnest Technology Development Company, Limited
B: Dragon Venture Completes Acquisition of 51% Ownership of Shanghai Cnnest Tech
ology Development Company, Limited
FORT LAUDERDALE, Fla., May 11, 2005 (BUSINESS WIRE) -- Dragon Venture (Pink
Sheets: DRGV) a holding company of high-tech companies in China, reports that
Shanghai Yazheng Information Technology Company, Limited, a subsidiary of DRGV,
has completed the acquisition of 51% ownership of Shanghai Cnnest Technology
Development Company, Ltd, a leader in wireless 3G-based solutions and
applications, located in Shanghai, China.
The Shanghai Cnnest Technology Development Co., Ltd. ("Cnnest") was established
in 2002. Cnnest is dedicated to commercial Third-Generation (3G) wireless
applications and mobile business solutions. Based on wireless 3G platforms,
Cnnest's objective is to take advantage of a host of new mobile internet
applications. Cnnest intends to become one of the leading companies in the field
of mobile Internet solutions and applications.
According to 3GMPS.com, 3G Mobile-Services and the Mobile Internet bring
people's life into a brand new era. Mobile Internet phones or 3G Smart Phones in
use are expected to reach one billion worldwide in 2005. Global mobile data
market revenues should reach $450 billion by 2010.
As early as in 2002, the founders of Cnnest started their 3G-application
research and development based on wireless Internet. At the present stage,
Cnnest has already finished a real estate application in the Chinese market,
which currently has 800,000 registered users. The Company is currently
developing applications for the human resources, mobile banking, as well as the
Food, Beverage, and Entertainment industries.
Since 2004, Cnnest became a national partner of Tencent, Inc (Hong Kong stock
exchange: 700) to offer 3G online products for China Mobile (NYSE: CHL) and
China Unicom (NYSE: CHU). This year, Cnnest will seek to cooperate with several
of the top cell phone manufacturers such as Motorola and Nokia for imbedding
their software applications.
Cnnest operates one website (http://www.cnnest.com) and wireless 3 G-based
platform that offers real estate services through the mobile Internet.
Lawrence Wang, CEO and President of Dragon Venture, comments, "We are very
excited about this new acquisition; this is the first step in our aggressive
acquisition plan. Cnnet has developed some outstanding excellent applications
that are on the cutting edge of the industry. We believe the combination of this
acquisition with our own SMS division will enhance our leading position in
Wireless 3G-based applications. We will combine both technical forces to create
more mobile Internet applications in the near future."
About Dragon Venture
Dragon Venture ("Dragon") is doing business in China through its subsidiaries.
Dragon was established to serves as a conduit between Chinese high-growth
companies and Western investors. The current focus of Dragon is on the
development of wireless 3G-based applications and business solutions. Two
companies that Dragon has acquired are among the leading providers of mobile
Internet applications and business solutions in China. As China emerges as a
growing force on the global stage, Dragon's professionals will provide
invaluable services for Western investors seeking to gain access to the Chinese
high-tech economy. In addition, Dragon functions as an incubator of high-tech
companies in China, offering support in the critical functions of general
business consulting, formation of joint ventures, access of capital, merger &
acquisition, business valuation, and revenue growth strategies. Dragon will
develop a portfolio of high-tech companies operating in China. Our focus will be
on innovative technological applications, which are poised to alter the
competitive landscape of the industry. In addition, the company acquires and
invests in innovative technology companies in China or forms joint ventures with
both American and Chinese companies, focusing on emerging technology industries
including Telecommunication, Information Technology, Wireless applications, and
other high-tech industries. For more information about Dragon Venture, please
visit http://www.dragonventure.net
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking
statements". Forward-looking statements include, without limitation, any
statement that may predict, forecast, indicate, or imply future results,
performance or achievements, and may contain the words "estimate", "project",
"intend", "forecast", "anticipate", "plan", "planning", "expect", "believe",
"will likely", "should", "could", "would", "may" or words or expressions of
similar meaning. Such statements are not guarantees of future performance and
are subject to risks and uncertainties that could cause the company's actual
results and financial position to differ materially from those included within
the forward-looking statements. Forward-looking statements involve risks and
uncertainties, including those relating to the Company's ability to grow its
business. Actual results may differ materially from the results predicted and
reported results should not be considered as an indication of future
performance. The potential risks and uncertainties include, among others, the
Company's limited operating history, the limited financial resources, domestic
or global economic conditions -- especially those relating to China, activities
of competitors and the presence of new or additional competition, and changes in
Federal or State laws, restrictions and regulations on doing business in a
foreign country, in particular China, and conditions of equity markets.
SOURCE: Dragon Venture
CONTACT: Pacific Rim Partners
Steven Silbert, 954-724-2944
Fax: 954-724-7364
PacificRimPartners@comcast.net
Copyright Business Wire 2005
-0-
KEYWORD: United States
China
Asia Pacific
North America
Florida
INDUSTRY KEYWORD: Technology
Data Management
Networks
Telecommunications
SUBJECT CODE: Merger/Acquisition
*** end of story ***
DESC B: Air Products Selects Proton Energy Systems as Preferred Suppli
r for Electrolysis-Based Hydrogen Fueling Stations Th
B: Air Products Selects Proton Energy Systems as Preferred Supplier for Electrol
sis-Based Hydrogen Fueling Stations Three Stations Slated for California to be O
erational in 2005 ( PRNewswire-FirstCall )
LEHIGH VALLEY, Pa., May 9, 2005 /PRNewswire-FirstCall via COMTEX/ -- Air
Products (NYSE: APD) today announced the signing of a supply agreement with
Proton Energy Systems, Inc., a subsidiary of Distributed Energy Systems Corp.
(Nasdaq: DESC), and selection of Proton as the preferred supplier for its
electrolysis-based hydrogen energy stations.
"From a PEM (proton exchange membrane) standpoint, Proton is a leader in this
technology," said Ed Kiczek, senior business development manager, Future Energy
Solutions at Air Products. "When you combine Proton's PEM electrolysis with our
hydrogen compression, storage and dispensing technology, you have a fully
comprehensive hydrogen fueling station with zero emissions at the site."
Robert Friedland, senior vice president of Proton's hydrogen technology group,
added, "Continuing to team with Air Products on hydrogen fueling stations
reaffirms the value of our collaboration on this important work. Our joint
efforts to date created a configuration that is deployable in a simple compact
design layout to provide fuel cell quality hydrogen for various vehicle
configurations. We look forward to our future collaboration to help advance the
state of the art and the promise of hydrogen fueling technology."
Under the supply agreement, Proton's HOGEN(R) hydrogen generators, which produce
hydrogen from electricity and water in a clean and efficient process using its
proprietary PEM technology, will initially be used at three previously announced
Air Products fueling stations to be placed in California in 2005. Recently, Air
Products was selected for three demonstration projects by the California South
Coast Air Quality Management District (SCAQMD) for fueling stations to be placed
in Burbank, Riverside and Santa Monica. Air Products and Proton have also
collaborated on fueling stations to be located in Vermont, and at a station soon
to be dispensing hydrogen for bus transportation at the University of Nevada-Las
Vegas.
***NOTE: This release may contain forward-looking statements. Actual results
could vary materially, due to changes in current expectations.
SOURCE Air Products
CONTACT: Media Inquiries: Art George, +1-610-481-1340, georgeaf@airpro
ucts.com, or Investor
Inquiries: Phil Sproger, +1-610-481-7461, sprogepc@airproduct
.com, both of Air
Products
URL: http://www.prnewswire.com
http://www.airproducts.com
www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
-0-
KEYWORD: Pennsylvania
California
Vermont
Nevada
INDUSTRY KEYWORD: CHM
CPR
UTI
OIL
SUBJECT CODE: CON
*** end of story ***
thanks guys ive run from too many good deals from not understanding that !! appreciate the help
jim does this mean fs or dilution?"At present, 9,782,720 shares of the Company's common stock are issued and outstanding. No options to purchase shares are issued or outstanding. The Company will issue 154,672,613 shares of its common stock to Hudson, or 94% of all shares issued and outstanding after such issuance."
TEARS...... fall today...for the pope JPII a great man; religion aside..."a great man" touched so many lives young and old
role model and tough act to follow
god bless you janice i dont know how you find the strength:) trying to convince the blind that they cannot see ..... i do commend your tenacity and effort tho keep up the good work!!!!!!!!wb
Boom!! CFGI major squeeze now .12 from .06 with hod@ .24 woohoo!!!
its interesting that aim amer mtg (suite 115)website is registered to Corporate-strategies Inc (suite 115)
http://www.corporate-strategies.net/ also arrainged cornnel financing for PWTC
http://www.pwtcbattery.com/ whos headquarters just happens to be (suite 115 1770 st james)
aww crap 4 car pileup gotta go have a good day yall
psuy,trying to fill the gap ,here
increasing support? at these levels
:) just too many places to go with that one but ive been trying to grab some since .12..........30 years and counting ;)
do ya have to be 40 to "dash"
As of December 31, 2004, the Company held equities in five companies as stockholders. The key information
on these five companies as of December 31, 2004 were:-
Name of company Place of incorporation Amount of Share
Capital
Percentage of
Equity held by the
Company
Yellowstone (Hong Kong) Limited Hong Kong $ 2 HKD 100.00%
StoneOne, Inc. State of Nevada $ 622 USD 100.00%
StarLightOne, Inc. State of Nevada $ 622 USD 100.00%
CEP (USA), Inc. State of Nevada $1,125 USD 55.30%
Westpark (Hong Kong) Limited Hong Kong $ 2 HKD 100.00%
sorry i couldnt copy the whole filing it's in adobe acr form
well my interest is definately peaked! seems like quiet accumulation for the past couple of mo's,jmo and purely conjecture on my part but the cross connection with west park(impressive list of deals they've done) and the resurrection of yellowstone stock makes me wonder if they have any plans for yscs wb ps only grabbed a small position "just in case "
wow ! awesome dd rlang & blue espescially the west park capital find as for the financial links on pinksheets ive been trying some for other stocks im researchin and itseems like the "otcstockinfo.com" site they link financials thru is down
uhh err retirement ... umm more like tired and RE-tired ;) haaa
PDC !! WHATS A HAPPENEN DUDE ? I like the new board !! looks like its goin well :) i finally took a little time off this week to get re aquainted with the boards just poppin in and out for the past few weeks but ill be back more in a couple o weeks nice to see yer doin well :) all the best Bill
awesome Laz congrats.. patience IS the key!!!
noticed wdsp a 10 bagger too from back then !!another lesson learned!!!!!!!
20 bagger!!oohhh i wish... wasnt as patient back then boy do i know better now!!!
right there with ya wayne holdin up pretty well so far !!
ha schb moved thnx :) (yscs).008 x.015 now
yscs grabbed some 009 thnx wayne :) wb ps can u get schb to move pleeeaaase
NTHD NetImpact Holdings, Inc. Signs $10,000,000 Investment Agreement
LAS VEGAS, Feb. 16 /PRNewswire-FirstCall/ -- NetImpact Holdings, Inc.
(Pink Sheets "NTHD") announced today it has entered into an investment
agreement with ProVision Capital Group (PCG) for a $10,000,000 investment to
be paid in twelve equal installments. NetImpact will use the funds to complete
the final repackaging design and initial manufacturing of the various models
of the NeuroWave Therapy 4000 drug and chronic pain device. Under the terms of
the agreement, PCG will invest $10,000,000 in NetImpact (NHI) and its wholly
owned subsidiary, NeuroWave Therapy International, Inc. (NTII) for working
capital. Under the terms of the agreement, NHI and NTII are not required to
provide PCG with any equity.
Once the NWT 4000 devices are repackaged, NetImpact and NTII will
initially focus on sales in the nine S.E. Asian countries (Thailand,
Singapore, Philippines, Hong Kong, Japan, Vietnam, Cambodia, Laos and South
Korea); and finalize agreements with NetImpact associates working closely with
NTII to open markets in South America and Eastern Europe. NetImpact and NTII
are in the process of setting up business relationships in these areas to get
the NWT 4000 devices to market.
The funds will be used to enhance and develop newer models of the NWT 4000
device for each of the five major groups of treatment (Chronic Pain, Drug
addiction, Opiate addictions, Alcohol addictions and Tobacco addictions).
NetImpact and NTII will finalize the enhancement, design and manufacturing of
the NWT 4000 using a team comprised of NetImpact, NTII and NetImpact's
selected manufacturer, ESP Seattle and their design-engineering subcontractor.
ESP Seattle working under the direction of NTII will perform the re-design
engineering, manufacturing, product packaging for NTII deployment to S. E.
Asia. They are equipped with a state-of-the-art facility and employ a very
experienced staff to support NetImpact and NTII. For more details on ESP
Seattle go to their web site http://www.espseattle.com.
Chad Smith, NTII's President, stated, "We are very excited about the
opportunity to move this product to market in the next few months. We will be
establishing international distributors over the next few months to facilitate
distribution of the NeuroWave products to market. Any firms and/or individuals
interested in further exploring this opportunity with NTII should send their
qualifications to NTII specifying the specific international area(s) they have
experience and success taking products to market." He went on to state, "For
those parties interested in this opportunity, they should send their request
to: NeuroWave Therapy International, Inc.; 7390 W. Sahara Ave., Las Vegas, NV
89117. NTII will initially focus on the international markets and determine at
a later date when they will pursue FDA approval for the US market."
NeuroWave Therapy has been researched and validated at some of the most
prestigious medical facilities in existence, including the Marie Curie
Research facility in London. The current NHI/NTII treatment device, known as
the NWT 4000 is non-invasive, portable, about the size of a Walkman radio,
with leads that attach behind the ear at the mastoid process. The device is
battery operated for mobility, very easy to program and monitor, and is
totally pre-programmed and automated for the entire term of treatment (4 to 10
days). The device emits current measured in very small milliamps undetectable
by the patient. The technology has been designated as a "Non-Significant
Risk" by the U.S. Food and Drug Administration and has proven many tests
conducted by NTII to have no appreciable negative side effects in many
successful years of use under controlled medical supervision of treatments.
The technology of NeuroWave Therapy has evolved from use of
electro-acupuncture as analgesia. NeuroWave Therapy now involves the use of a
complex combination of waveforms and frequencies to effect the functioning of
the brain and nervous system through external stimulation that has resulted in
many successful treatments of patients with various Chronic Pain ailments and
others with mild to severe Addictions.
This is a very easy product to use for self-treatment and can improve the
quality of life for users of the product afflicted with Chronic Pain or
Addictions listed above.
NetImpact is a fast growing company specializing in improving the delivery
of healthcare for developing countries, worldwide productivity improvement;
applications development, and bringing new technologies to market.
The statements in this release that are not historical facts are
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934. NetImpact
Holdings, Inc. intends that such forward-looking statements be subject to the
safe harbors created thereby. These forward-looking statements include
predictions, estimates and other statements that involve a number of risks and
uncertainties any, or all, of which could cause actual results to differ
materially from any future performance suggested herein. While this outlook
represents NetImpact Holdings, Inc.'s current judgment on the future direction
of the business, such risks and uncertainties may individually, or mutually,
impact the matters herein described, including but not limited to product
acceptance, the economy, competition, governmental actions, results of
litigation, technological and/or other factors, which are outside the control
of NetImpact Holdings, Inc. as well as those risks and uncertainties detailed
in the Company's Security and Exchange Commission filings.
Contact information:
NHI/NTII - Rod Felton or Chad Smith - 702-255-2177
PCG - Terrance Redd - 323-937-7888
ESP Seattle - Tom Girard - 206-575-4044
SOURCE NetImpact Holdings, Inc.
Contact Information:
Rod Felton or Chad Smith, both of NHI
WebSite:
http://www.espseattle.com
*** end of story ***
TENS / TNSP : To Merge with Yeahronimo Media Ventures [delayed] ( Even
X/Knobias.com )
B: TNSP: To Merge with Yeahronimo Media Ventures [delayed] ( EventX/Knobias.com
Ridgeland, MS, DEC 28, 2004 (EventX/Knobias.com via COMTEX) -- Yeahronimo Media
Ventures Inc., a private company and leading creator of digital media services
and software, announced it has entered into a contract to merge with Tensleep
Technologies, Inc. (TNSP). Tensleep Technologies is a majority owned subsidiary
of Tensleep Corporation (TENS), Austin, Texas, a business and corporate
development company.
GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been
delayed by at least 10 minutes. To get all Knobias alerts in real-time daily,
visit http://www.knobias.com/cmtx
ABOUT KNOBIAS: Knobias is a premier financial information provider of trading
and investing data covering all U.S. equities for investors and security
professionals. Knobias is best described by its three major components:
Real-time desktop applications providing quotes, charts, level 2, analysis etc.;
Knobias RAiDAR providing thousands of real-time news stories, alerts and
documents daily; Knobias fundamentals providing a comprehensive database of
fundamental research information.
CONTACT: Knobias.com, LLC
601-978-3399
601-978-3675
info@knobias.com
www.knobias.com/cmtx
Copyright 2004 Knobias.com, LLC, All rights reserved.
-0-
SUBJECT CODE: Merger/Acquisition
Important Co. News
Major Agreements
PREMARKET
Watch Stories
KNO-Zone
*** end of story ***
PSDI Presidion Corporation Announces Sale of Convertible Preferred Sto
k
Presidion Corporation Announces Sale of Convertible Preferred Stock
TROY, Mich., Dec. 28 /PRNewswire-FirstCall/ -- Presidion Corporation
(OTC Bulletin Board: PSDI), a leading provider of human resources management
services to small and mid-sized companies, today announced that it had sold
25,000 shares of its Series B Convertible Preferred Stock to Mercator Advisory
Group LLC of Los Angeles, California and its three designated funds, Mercator
Momentum Fund, LP, Mercator Momentum Fund III, LP, and Monarch Pointe Fund
Ltd. Presidion received $2.5 million in cash in the transaction. Presidion
also issued warrants to the group for the purchase of up to 25 million shares
of its common stock. Presidion has agreed to file a registration statement
for the underlying common stock with the Securities and Exchange Commission
(SEC) by April 1, 2005. The new equity will be used to retire debt and fund
working capital. In 2003, Mercator purchased $2.0 million in convertible
debentures from Presidion.
Craig A. Vanderburg, President and CEO of Presidion, said the transaction
is an important element of Presidion's financial strategy. "Mercator has been
a good partner for Presidion and we are very pleased to have executed this
agreement, which contributes to our ability to pursue our growth strategy and
deliver value for our shareholders," Vanderburg said.
David Firestone, Managing Partner of Mercator Advisory Group, said,
"Presidion has the attributes of the companies in which Mercator seeks to
invest. The Professional Employer Organization (PEO) market is strong and
growing, and Presidion is very well positioned to take advantage of market
opportunities. We're confident in the management team and the steps it has
taken to prepare the company for future growth."
About Presidion Corporation
Presidion Corporation is one of the largest Professional Employer
Organizations (PEO) in the United States. With more than 1,900 client
companies, Presidion provides human resources, regulatory compliance and
employee benefits management services to approximately 29,000 worksite
employees. The Company's operations are headquartered in Jupiter, FL and
supported by sales and services offices throughout its market area of Florida,
Georgia, South Carolina and Michigan. For more information, visit
http://www.presidion.com .
About Mercator Advisory Group
Mercator Advisory Group LLC, through its designated managed equity funds,
specializes in direct equity investments in public companies. Mercator's
strategy is to make investments into micro cap companies that show strong
potential for near- and long-term appreciation. Mercator incorporates strict
selection criteria for its portfolio companies including a company's
liquidity, fundamental analysis within its own space and the ability of the
company's management to show a path toward growth.
Safe Harbor Statement
This announcement contains "forward-looking statements" as defined by the
Private Securities Litigation Reform Act of 1995. Words such as "anticipate,"
"believe," "estimate," "expect" and other similar expressions as they relate
to the Company and its management are intended to identify such forward-
looking statements. Although the Company and its management believe that the
statements contained in this announcement are reasonable, it can give no
assurance that such statements will prove correct and actual results could
differ materially from management's current expectations. Factors that could
affect the occurrence of events or results discussed herein are included with
those mentioned in the Company's filings with the Securities and Exchange
Commission (SEC).
SOURCE Presidion Solutions
-0- 12/28/2004
/CONTACT: Tom Zipprich, Vice President of Marketing of Presidion
Corporation, +1-248-269-9600, tzipprich@presidion.com ; or Carol Merry,
Executive Counselor of Fahlgren Mortine Investor Relations, +1-614-825-1752,
carol.merry@fahlgren.com /
/Web site: http://www.presidion.com /
(PSDI)
CO: Presidion Solutions; Mercator Advisory Group LLC
ST: Michigan, California, Florida
IN: OTC
SU:
*** end of story ***