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FDMF : news hit today.
FORT WAYNE, Ind., Aug. 23, 2011 /PRNewswire/ -- Freedom Energy Holdings, Inc. (Pinksheets:FDMF.pk - News) announced today that the company has named Peter Messineo, Palm Harbor, Florida as the company's auditor. Mr. Messineo is a certified PCAOB, SEC qualified Certified Public Accountant.
The company will conduct an audit of the periods ending 12-31-2010 and 12-31-2011 as part of the efforts to re-establish itself as full reporting according to the Securities Exchange Commission. Full disclosure of all the activities of the company is paramount to the confidence of share holders.
Freedom Energy Holdings, CEO, Brian Kistler stated, "There will not be any major changes to the full disclosure that we provide at www.otcmarkets.com but having someone (with the reputation and qualifications of Mr. Messineo) conduct an audit regarding the financial status of the company just raises the confidence that all is being disclosed."
ABOUT FREEDOM ENERGY HOLDINGS, INC.
Freedom Energy Holdings, Inc. (FDMF.PK) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. Presently, the company's primary focus is the commercial development of its proprietary, heavy oil technology, KC 9000® , a breakthrough technology which provides an effective and cost efficient system to enable heavy oil deposits to flow without heat. This pioneering technology is projected to revolutionize current recovery processes being utilized. The company is presently marketing KC 9000 through sales and licensing agreements to potential clients on a worldwide basis.
fdmf :
looks like we are going to have nice action soon.
Press Release Source: Freedom Energy Holdings, Inc. On Tuesday August 23, 2011, 4:27 pm EDT
FORT WAYNE, Ind., Aug. 23, 2011 /PRNewswire/ -- Freedom Energy Holdings, Inc. (Pinksheets:FDMF.pk - News) announced today that the company has named Peter Messineo, Palm Harbor, Florida as the company's auditor. Mr. Messineo is a certified PCAOB, SEC qualified Certified Public Accountant.
The company will conduct an audit of the periods ending 12-31-2010 and 12-31-2011 as part of the efforts to re-establish itself as full reporting according to the Securities Exchange Commission. Full disclosure of all the activities of the company is paramount to the confidence of share holders
FDMF great news today looking forward to a good week.
NXOI has potential and keeps on giving!
FORT LAUDERDALE, FL--(Marketwire -08/23/11)- Next One Interactive, Inc. (OTC.BB: NXOI.OB - News), in conjunction with its real estate partner RealBiz Media, today announced they will begin to roll out their Real Estate Video on Demand (VOD) Network this September under the name "Home Preview Channel." The Companies have chosen to commence the launch in 5 major cities, based on their geographic and economic diversification. The initial cities will include Los Angeles and Washington DC.
After last year's testing of the real estate VOD program, we have reconfigured the system and will initially launch each city with up to 1100 residential home inventory listings. Our real estate partners and clients believe this is a good starting point, but want to see the available listings number grow to about 2500-5000 listings in each city. The average price point per listing will start at $40 with the listing being displayed between a 7 and 30 days' increments.
Next One Interactive, Inc. and RealBiz Media developed this unique real estate marketing platform for real estate companies and professionals, last year, and have made additional enhancements since first testing the program. The technology platform is able to create media assets including pictures, virtual tours and videos to automatically syndicate and publish them to the largest real estate websites (like Realtor.com, Trulia.com, etc.), social networking sites (like Facebook.com, Youtube.com, etc.) and television. This real estate marketing technology platform is able to combine the power of the Internet and Television and provide it in a single automated marketing solution for the real estate professionals.
This one-of-a-kind real estate marketing solution is designed to provide substantial revenue from multiple sources including advertising revenue, listing revenue, referral revenue, imaging solutions and direct real estate sales.
Steve Marques -- CEO of RealBiz Media stated, "It's been a significant amount of work and financial commitment to get here, but with our relationships with the top U.S. real estate companies, franchisors and broker networks, we are now poised to rapidly deploy this new service to existing clients. When you do the math on the number of properties eligible for VOD in the United States at $40 a listing, it should make for a great win for both real estate agents and our companies."
About Next One Interactive, Inc.
Next One Interactive, Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next One plans the delivery of targeted content via multiple digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. In today's digital market Next One Interactive delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.
About RealBiz Media
RealBiz Media, Phoenix, Arizona, is the leading provider of rich media and image content delivery for the Real Estate Industry. RealBiz Media is focused on providing both integrated and interactive solutions for the seamless creation of High Resolution Media tours and videos for web and wireless. This technology allows automatic distribution to Franchise Corporations, MLS Associations and Search Engines like YouTube, Social Networks and TV. RealBiz Media's rich media content is supported by their (IPG) Image Processing Group delivering patented imaging technologies that are now being deployed in over 20 million digital cameras and mobile devices. RealBiz360 continues to add to its outstanding reputation as a technology leader in advanced imaging and content delivery and now has offices in Phoenix, AZ; Toronto, Canada and Baia Mare, Romania. For more information visit www.realbiz360.com.
NXOI :
Real Estate Video on Demand Network Rollout Scheduled for September
FORT LAUDERDALE, FL--(Marketwire -08/23/11)- Next One Interactive, Inc. (OTC.BB: NXOI.OB - News), in conjunction with its real estate partner RealBiz Media, today announced they will begin to roll out their Real Estate Video on Demand (VOD) Network this September under the name "Home Preview Channel." The Companies have chosen to commence the launch in 5 major cities, based on their geographic and economic diversification. The initial cities will include Los Angeles and Washington DC.
After last year's testing of the real estate VOD program, we have reconfigured the system and will initially launch each city with up to 1100 residential home inventory listings. Our real estate partners and clients believe this is a good starting point, but want to see the available listings number grow to about 2500-5000 listings in each city. The average price point per listing will start at $40 with the listing being displayed between a 7 and 30 days' increments.
Next One Interactive, Inc. and RealBiz Media developed this unique real estate marketing platform for real estate companies and professionals, last year, and have made additional enhancements since first testing the program. The technology platform is able to create media assets including pictures, virtual tours and videos to automatically syndicate and publish them to the largest real estate websites (like Realtor.com, Trulia.com, etc.), social networking sites (like Facebook.com, Youtube.com, etc.) and television. This real estate marketing technology platform is able to combine the power of the Internet and Television and provide it in a single automated marketing solution for the real estate professionals.
This one-of-a-kind real estate marketing solution is designed to provide substantial revenue from multiple sources including advertising revenue, listing revenue, referral revenue, imaging solutions and direct real estate sales.
Steve Marques -- CEO of RealBiz Media stated, "It's been a significant amount of work and financial commitment to get here, but with our relationships with the top U.S. real estate companies, franchisors and broker networks, we are now poised to rapidly deploy this new service to existing clients. When you do the math on the number of properties eligible for VOD in the United States at $40 a listing, it should make for a great win for both real estate agents and our companies."
About Next One Interactive, Inc.
Next One Interactive, Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next One plans the delivery of targeted content via multiple digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. In today's digital market Next One Interactive delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.
About RealBiz Media
RealBiz Media, Phoenix, Arizona, is the leading provider of rich media and image content delivery for the Real Estate Industry. RealBiz Media is focused on providing both integrated and interactive solutions for the seamless creation of High Resolution Media tours and videos for web and wireless. This technology allows automatic distribution to Franchise Corporations, MLS Associations and Search Engines like YouTube, Social Networks and TV. RealBiz Media's rich media content is supported by their (IPG) Image Processing Group delivering patented imaging technologies that are now being deployed in over 20 million digital cameras and mobile devices. RealBiz360 continues to add to its outstanding reputation as a technology leader in advanced imaging and content delivery and now has offices in Phoenix, AZ; Toronto, Canada and Baia Mare, Romania. For more information visit www.realbiz360.com.
NXOI : little to know what we are up against.
This one-of-a-kind real estate marketing solution is designed to provide substantial revenue from multiple sources including advertising revenue, listing revenue, referral revenue, imaging solutions and direct real estate sales.
Steve Marques -- CEO of RealBiz Media stated, "It's been a significant amount of work and financial commitment to get here, but with our relationships with the top U.S. real estate companies, franchisors and broker networks, we are now poised to rapidly deploy this new service to existing clients. When you do the math on the number of properties eligible for VOD in the United States at $40 a listing, it should make for a great win for both real estate agents and our companies."
About Next One Interactive, Inc.
Next One Interactive, Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next One plans the delivery of targeted content via multiple digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. In today's digital market Next One Interactive delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.
About RealBiz Media
RealBiz Media, Phoenix, Arizona, is the leading provider of rich media and image content delivery for the Real Estate Industry. RealBiz Media is focused on providing both integrated and interactive solutions for the seamless creation of High Resolution Media tours and videos for web and wireless. This technology allows automatic distribution to Franchise Corporations, MLS Associations and Search Engines like YouTube, Social Networks and TV. RealBiz Media's rich media content is supported by their (IPG) Image Processing Group delivering patented imaging technologies that are now being deployed in over 20 million digital cameras and mobile devices. RealBiz360 continues to add to its outstanding reputation as a technology leader in advanced imaging and content delivery and now has offices in Phoenix, AZ; Toronto, Canada and Baia Mare, Romania. For more information visit www.realbiz360.com.
NXOI :
Next One Interactive, Inc. and RealBiz Media developed this unique real estate marketing platform for real estate companies and professionals, last year, and have made additional enhancements since first testing the program. The technology platform is able to create media assets including pictures, virtual tours and videos to automatically syndicate and publish them to the largest real estate websites (like Realtor.com, Trulia.com, etc.), social networking sites (like Facebook.com, Youtube.com, etc.) and television. This real estate marketing technology platform is able to combine the power of the Internet and Television and provide it in a single automated marketing solution for the real estate professionals.
and up another 100% insane!
NXOI : (219.67%)
Volume: 6,158,564
Ask 0.039 massive volume here and running to the top 219% is huge storng solid support here as well.
NXOI < After last year's testing of the real estate VOD program, we have reconfigured the system and will initially launch each city with up to 1100 residential home inventory listings. Our real estate partners and clients believe this is a good starting point, but want to see the available listings number grow to about 2500-5000 listings in each city. The average price point per listing will start at $40 with the listing being displayed between a 7 and 30 days' increments.) this is awesome news for the invester.
NXOI great news out this morning.
FORT LAUDERDALE, FL--(Marketwire -08/23/11)- Next One Interactive, Inc. (OTC.BB: NXOI.OB - News), in conjunction with its real estate partner RealBiz Media, today announced they will begin to roll out their Real Estate Video on Demand (VOD) Network this September under the name "Home Preview Channel." The Companies have chosen to commence the launch in 5 major cities, based on their geographic and economic diversification. The initial cities will include Los Angeles and Washington DC.
fdmf 1.55 ask and volume 975.000 very nice and future potential charts set to go imo
FDMF news latest
CEO, Freedom Energy Holdings, Inc. (Pink Sheets: FDMF.PK) reported at the close of trading today that the company has been presented with a "major new business opportunity" in the aviation sector, as a result of its recently announced commercial joint venture agreement with RMT Holding, Inc ("RMT"). RMT is a foreign based commodities trading company, dealing primarily in the purchase and sale of jet fuel and heavy diesel term contracts on a global basis.
Jet fuel is the third-highest product in demand worldwide and like gasoline, is largely confined to use in the transportation sector. Aviation consumes 2% of all fossil fuels burnt. This represents 12% of the fuel consumption of the entire transportation sector, to be compared with 80% dedicated to road transport. In worldwide operations, U.S. passenger and cargo airlines require 17.5 billion gallons of jet fuel annually, or approximately 415 million barrels. The most economically effective and efficient means by which airlines purchase jet fuel is through "term contracts" based upon a projected volume for a given period of time.
"The market for Jet Fuel is exceptionally large and demand far exceeds supply. We are excited to now have the opportunity to pursue commercial contracts in this niche business sector as a result of our joint venture agreement with RMT. We are in the process of several on-going negotiations in this, and other commercial markets, in which RMT has played a significant introductory role. Further details will be made public once anticipated contracts have been formalized," confirmed Kistler.
ABOUT FREEDOM ENERGY HOLDINGS, INC.
Freedom Energy Holdings, Inc. (FDMF.PK) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. Presently, the company's primary focus is the commercial development of its proprietary , heavy oil technology, KC 9000® , a breakthrough technology which provides an effective and cost efficient system to enable heavy oil deposits to flow without heat. This pioneering technology is projected to revolutionize current recovery processes being utilized. The company is presently marketing KC 9000 through sales and licensing agreements to potential clients on a worldwide basis.
FDMF is looking pretty good for future lift.
reported at the close of trading today that the company has been presented with a "major new business opportunity" in the aviation sector, as a result of its recently announced commercial joint venture agreement with RMT Holding, Inc ("RMT"). RMT is a foreign based commodities trading company, dealing primarily in the purchase and sale of jet fuel and heavy diesel term contracts on a global basis.
Jet fuel is the third-highest product in demand worldwide and like gasoline, is largely confined to use in the transportation sector. Aviation consumes 2% of all fossil fuels burnt. This represents 12% of the fuel consumption of the entire transportation sector, to be compared with 80% dedicated to road transport. In worldwide operations, U.S. passenger and cargo airlines require 17.5 billion gallons of jet fuel annually, or approximately 415 million barrels. The most economically effective and efficient means by which airlines purchase jet fuel is through "term contracts" based upon a projected volume for a given period of time.
FDMF very good to know all this thanks!
U.S. passenger and cargo airlines require 17.5 billion gallons of jet fuel annually, or approximately 415 million barrels. The most economically effective and efficient means by which airlines purchase jet fuel is through "term contracts" based upon a projected volume for a given period of time.
doing everything right way
gives up an idea of how they runn there business
FDMF agreed nice volume company definitively was potential.
ABOUT FREEDOM ENERGY HOLDINGS, INC.
Freedom Energy Holdings, Inc. (FDMF.PK) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. Presently, the company's primary focus is the commercial development of its proprietary , heavy oil technology, KC 9000® , a breakthrough technology which provides an effective and cost efficient system to enable heavy oil deposits to flow without heat. This pioneering technology is projected to revolutionize current recovery processes being utilized. The company is presently marketing KC 9000 through sales and licensing agreements to potential clients on a worldwide basis.
FDMF expecting more this week should have some nice plays!
hoping to also get updated Prs
FDMF :
Jet fuel is the third-highest product in demand worldwide and like gasoline, is largely confined to use in the transportation sector. Aviation consumes 2% of all fossil fuels burnt. This represents 12% of the fuel consumption of the entire transportation sector, to be compared with 80% dedicated to road transport. In worldwide operations, U.S. passenger and cargo airlines require 17.5 billion gallons of jet fuel annually, or approximately 415 million barrels. The most economically effective and efficient means by which airlines purchase jet fuel is through "term contracts" based upon a projected volume for a given period of time.
big play coming tomorrow 10am eastern time, low floater. thin L2 sign up here for alert.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63201595
big play coming tomorrow 10am eastern time, low floater. thin L2 sign up here for alert.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63201595
ACYD potential growth!
TAMPA, Fla., Aug. 3, 2011 /PRNewswire/ -- American Community Development Group, Inc. (OTC Pinksheets: ACYD) today is very pleased to announced that it is adding Mr. Askia Mohammed Aquil to its advisory board.
Askia Muhammad Aquil, currently Chief Operating Officer for Community Housing Solutions, Inc., (CHS) has over 22 years experience in executive leadership, management and development of housing programs. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development organization (CHDO).
In his current capacity with CHS, he is working to develop a more than 100 room project focused on American Service Veterans Recovery and Housing. American Community Development Group is in discussions to utilize a portion of its own $2 million dollar, 12% private placement proceeds to assist in this project, among others. Mr. Aquil is also instrumental in our recent corporate discussions regarding expansion into other markets and our access to additional nonprofits groups, agencies and grant funding opportunities.
He previously held the post of Deputy Director of the St. Petersburg Housing Authority where he was employed for 11 years. He gained extensive construction management-related experience as Assistant Project Engineer for two separate entities that together performed $72 million worth of construction on a City of Tampa project. He has served on the Board of Directors of numerous organizations including the Pinellas Homeless Coalition, Homeless Leadership Network and WestCare Florida.
Since 2008, American Community Development Group, Inc. (ACYD.PK) is a socially responsible public company that specializes in real estate investment. We create and sponsor affordable and transitional housing and job creation programs for the nonprofit community and are currently focused on the Florida West Coast. We have positively affected hundreds of lives including, but not limited to, the people of Florida. Our expansion plans include other regional and national affiliations.
"The Company", was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations to other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.
According to John Folger, President of American Community Development Group, "We are currently acquiring interests in single and multi-family homes, apartment buildings, and other high occupancy commercial real estate properties, all while helping members of our community," he continued. "This approach sits well with both the community and our shareholders because we work directly with the nonprofit community and government agencies to house their clients. This model keeps our properties fully occupied."
For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.
About American Community Development Group
American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, act as consultants to the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.
Safe Harbor Statement
About Forward-Looking Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
CGFIA news and chart updated
LAKEWOOD, CO--(Marketwire -08/03/11)- Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (Pinksheets: CGFIA.PK - News) announces today that is has completed over 600 feet of geotechnical drilling at the planned 35 acre dry stack tailings repository. Detailed engineering data from material testing and drilling logs of the holes will provide information necessary to ensure the design of a stable facility for permanent storage of mill tailings from the Pride of the West Mill.
The project was conducted by Trautner Geotech LLC. of Durango, Colorado under the supervision of David Trautner, a Registered Professional Engineer in Colorado. Mr. Trautner is an engineering geologist/geotechnical engineer who has been involved in the engineering and construction disciplines in Durango since 1983. His specialty is geologic hazard assessments on sites where development is planned, applying the potential influence of geologic processes and hazards as outlined in Colorado House Bill 1041 among other regulations.
Auger test borings will include a Standard Penetration Test ("SPT") every 5 feet. SPT testing involves driving a standard thick-walled sample tube into the ground at the bottom of a borehole by blows from a slide hammer with standard weight and falling distance. The number of blows needed for the tube to penetrate each 6 inch interval of an 18 inch span is recorded. The sum of the number of blows required for the second and third 6 inches of penetration is reported as "SPT blow count value," commonly termed "standard penetration resistance" or the "N-value." This is how sub-surface stability is measured to ensure safe containment of tailings. Soil samples will be tested in a laboratory to gather the additional data for the design of the dry stack repository.
The work is being conducted under a permit approved by the Colorado Division of Reclamation, Mining and Safety. All of the drill holes will be closed and sealed in accordance with State of Colorado procedures that will protect ground water resources.
Now that the geotechnical drilling is complete, the Company has engaged Allan J. Breitenbach, Senior Geotechnical Engineer and Engineering Geologist, of Ausenco/Vector to construct the detail design of the dry stack tailings repository. Ausenco/Vector is a world leader in geotechnical geomechanical, and geological engineering. Analysis of soil conditions and behaviors are fundamental to any facility performance, and is the main focus of Colorado Goldfields' dry stack repository. Geotechnical characterization, analysis and design are the core of Ausenco Vector's capabilities. Decades of expertise extends to the following areas: Site characterization, Facility siting studies, Physical test work programs, Seismic risk analysis, Earthquake engineering, Engineering and design, Ground support -- open pit and underground, Tunnel and deep, and excavation design. Ausenco Vector's fully accredited north American laboratory is available 24/7 to ensure the fastest possible project completion.
Specifically, project manager Mr. Breitenbach has over 37 years of project experience in site investigations, site selection, design, construction and reclamation of engineered structures in the field of geotechnical engineering and engineering geology. He has been involved in the engineering design and construction of more than 100 earth/rock water storage and tailings dam projects, 120 heap leach and evaporation pond projects, numerous gypsum stacks/waste rock piles, and foundations for power plants, industrial buildings, pipelines and bridges in North, Central and South America, as well as in Eastern Europe, Asia and Africa. Mr. Breitenbach is a professional engineer registered in 9 states in the USA and has published more than 50 technical papers on rock fill and heap leach design, construction and prevention of failures.
This design will be the key component of Colorado Goldfields' permit amendment to be submitted to the Colorado Division of Reclamation, Mining and Safety.
In addition to completing the geotechnical drilling on the dry stack repository, the Company has begun work to replace existing underground water lines at the mill site proper. The underground lines supply water from the Water Storage Tank to: 1) Office Building, 2) Mill Building, 3) Laboratory Building, and 4) Residential House.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or 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 or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
ACYD news hit great potential/
TAMPA, Fla., Aug. 3, 2011 /PRNewswire/ -- American Community Development Group, Inc. (OTC Pinksheets: ACYD) today is very pleased to announced that it is adding Mr. Askia Mohammed Aquil to its advisory board.
Askia Muhammad Aquil, currently Chief Operating Officer for Community Housing Solutions, Inc., (CHS) has over 22 years experience in executive leadership, management and development of housing programs. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development organization (CHDO).
In his current capacity with CHS, he is working to develop a more than 100 room project focused on American Service Veterans Recovery and Housing. American Community Development Group is in discussions to utilize a portion of its own $2 million dollar, 12% private placement proceeds to assist in this project, among others. Mr. Aquil is also instrumental in our recent corporate discussions regarding expansion into other markets and our access to additional nonprofits groups, agencies and grant funding opportunities.
He previously held the post of Deputy Director of the St. Petersburg Housing Authority where he was employed for 11 years. He gained extensive construction management-related experience as Assistant Project Engineer for two separate entities that together performed $72 million worth of construction on a City of Tampa project. He has served on the Board of Directors of numerous organizations including the Pinellas Homeless Coalition, Homeless Leadership Network and WestCare Florida.
Since 2008, American Community Development Group, Inc. (ACYD.PK) is a socially responsible public company that specializes in real estate investment. We create and sponsor affordable and transitional housing and job creation programs for the nonprofit community and are currently focused on the Florida West Coast. We have positively affected hundreds of lives including, but not limited to, the people of Florida. Our expansion plans include other regional and national affiliations.
"The Company", was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations to other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.
According to John Folger, President of American Community Development Group, "We are currently acquiring interests in single and multi-family homes, apartment buildings, and other high occupancy commercial real estate properties, all while helping members of our community," he continued. "This approach sits well with both the community and our shareholders because we work directly with the nonprofit community and government agencies to house their clients. This model keeps our properties fully occupied."
For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.
About American Community Development Group
American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, act as consultants to the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.
Safe Harbor Statement
About Forward-Looking Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
CGFIA :
LAKEWOOD, CO--(Marketwire -08/03/11)- Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (Pinksheets: CGFIA.PK - News) announces today that is has completed over 600 feet of geotechnical drilling at the planned 35 acre dry stack tailings repository. Detailed engineering data from material testing and drilling logs of the holes will provide information necessary to ensure the design of a stable facility for permanent storage of mill tailings from the Pride of the West Mill.
The project was conducted by Trautner Geotech LLC. of Durango, Colorado under the supervision of David Trautner, a Registered Professional Engineer in Colorado. Mr. Trautner is an engineering geologist/geotechnical engineer who has been involved in the engineering and construction disciplines in Durango since 1983. His specialty is geologic hazard assessments on sites where development is planned, applying the potential influence of geologic processes and hazards as outlined in Colorado House Bill 1041 among other regulations.
Auger test borings will include a Standard Penetration Test ("SPT") every 5 feet. SPT testing involves driving a standard thick-walled sample tube into the ground at the bottom of a borehole by blows from a slide hammer with standard weight and falling distance. The number of blows needed for the tube to penetrate each 6 inch interval of an 18 inch span is recorded. The sum of the number of blows required for the second and third 6 inches of penetration is reported as "SPT blow count value," commonly termed "standard penetration resistance" or the "N-value." This is how sub-surface stability is measured to ensure safe containment of tailings. Soil samples will be tested in a laboratory to gather the additional data for the design of the dry stack repository.
The work is being conducted under a permit approved by the Colorado Division of Reclamation, Mining and Safety. All of the drill holes will be closed and sealed in accordance with State of Colorado procedures that will protect ground water resources.
Now that the geotechnical drilling is complete, the Company has engaged Allan J. Breitenbach, Senior Geotechnical Engineer and Engineering Geologist, of Ausenco/Vector to construct the detail design of the dry stack tailings repository. Ausenco/Vector is a world leader in geotechnical geomechanical, and geological engineering. Analysis of soil conditions and behaviors are fundamental to any facility performance, and is the main focus of Colorado Goldfields' dry stack repository. Geotechnical characterization, analysis and design are the core of Ausenco Vector's capabilities. Decades of expertise extends to the following areas: Site characterization, Facility siting studies, Physical test work programs, Seismic risk analysis, Earthquake engineering, Engineering and design, Ground support -- open pit and underground, Tunnel and deep, and excavation design. Ausenco Vector's fully accredited north American laboratory is available 24/7 to ensure the fastest possible project completion.
Specifically, project manager Mr. Breitenbach has over 37 years of project experience in site investigations, site selection, design, construction and reclamation of engineered structures in the field of geotechnical engineering and engineering geology. He has been involved in the engineering design and construction of more than 100 earth/rock water storage and tailings dam projects, 120 heap leach and evaporation pond projects, numerous gypsum stacks/waste rock piles, and foundations for power plants, industrial buildings, pipelines and bridges in North, Central and South America, as well as in Eastern Europe, Asia and Africa. Mr. Breitenbach is a professional engineer registered in 9 states in the USA and has published more than 50 technical papers on rock fill and heap leach design, construction and prevention of failures.
This design will be the key component of Colorado Goldfields' permit amendment to be submitted to the Colorado Division of Reclamation, Mining and Safety.
In addition to completing the geotechnical drilling on the dry stack repository, the Company has begun work to replace existing underground water lines at the mill site proper. The underground lines supply water from the Water Storage Tank to: 1) Office Building, 2) Mill Building, 3) Laboratory Building, and 4) Residential House.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or 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 or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
ACYD news action going on.
TAMPA, Fla., Aug. 3, 2011 /PRNewswire/ -- American Community Development Group, Inc. (OTC Pinksheets: ACYD) today is very pleased to announced that it is adding Mr. Askia Mohammed Aquil to its advisory board.
Askia Muhammad Aquil, currently Chief Operating Officer for Community Housing Solutions, Inc., (CHS) has over 22 years experience in executive leadership, management and development of housing programs. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development organization (CHDO).
In his current capacity with CHS, he is working to develop a more than 100 room project focused on American Service Veterans Recovery and Housing. American Community Development Group is in discussions to utilize a portion of its own $2 million dollar, 12% private placement proceeds to assist in this project, among others. Mr. Aquil is also instrumental in our recent corporate discussions regarding expansion into other markets and our access to additional nonprofits groups, agencies and grant funding opportunities.
He previously held the post of Deputy Director of the St. Petersburg Housing Authority where he was employed for 11 years. He gained extensive construction management-related experience as Assistant Project Engineer for two separate entities that together performed $72 million worth of construction on a City of Tampa project. He has served on the Board of Directors of numerous organizations including the Pinellas Homeless Coalition, Homeless Leadership Network and WestCare Florida.
Since 2008, American Community Development Group, Inc. (ACYD.PK) is a socially responsible public company that specializes in real estate investment. We create and sponsor affordable and transitional housing and job creation programs for the nonprofit community and are currently focused on the Florida West Coast. We have positively affected hundreds of lives including, but not limited to, the people of Florida. Our expansion plans include other regional and national affiliations.
"The Company", was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations to other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.
According to John Folger, President of American Community Development Group, "We are currently acquiring interests in single and multi-family homes, apartment buildings, and other high occupancy commercial real estate properties, all while helping members of our community," he continued. "This approach sits well with both the community and our shareholders because we work directly with the nonprofit community and government agencies to house their clients. This model keeps our properties fully occupied."
For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.
About American Community Development Group
American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, act as consultants to the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.
Safe Harbor Statement
About Forward-Looking Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
CGFIA Prs hit
LAKEWOOD, CO--(Marketwire -08/03/11)- Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (Pinksheets: CGFIA.PK - News) announces today that is has completed over 600 feet of geotechnical drilling at the planned 35 acre dry stack tailings repository. Detailed engineering data from material testing and drilling logs of the holes will provide information necessary to ensure the design of a stable facility for permanent storage of mill tailings from the Pride of the West Mill.
The project was conducted by Trautner Geotech LLC. of Durango, Colorado under the supervision of David Trautner, a Registered Professional Engineer in Colorado. Mr. Trautner is an engineering geologist/geotechnical engineer who has been involved in the engineering and construction disciplines in Durango since 1983. His specialty is geologic hazard assessments on sites where development is planned, applying the potential influence of geologic processes and hazards as outlined in Colorado House Bill 1041 among other regulations.
Auger test borings will include a Standard Penetration Test ("SPT") every 5 feet. SPT testing involves driving a standard thick-walled sample tube into the ground at the bottom of a borehole by blows from a slide hammer with standard weight and falling distance. The number of blows needed for the tube to penetrate each 6 inch interval of an 18 inch span is recorded. The sum of the number of blows required for the second and third 6 inches of penetration is reported as "SPT blow count value," commonly termed "standard penetration resistance" or the "N-value." This is how sub-surface stability is measured to ensure safe containment of tailings. Soil samples will be tested in a laboratory to gather the additional data for the design of the dry stack repository.
The work is being conducted under a permit approved by the Colorado Division of Reclamation, Mining and Safety. All of the drill holes will be closed and sealed in accordance with State of Colorado procedures that will protect ground water resources.
Now that the geotechnical drilling is complete, the Company has engaged Allan J. Breitenbach, Senior Geotechnical Engineer and Engineering Geologist, of Ausenco/Vector to construct the detail design of the dry stack tailings repository. Ausenco/Vector is a world leader in geotechnical geomechanical, and geological engineering. Analysis of soil conditions and behaviors are fundamental to any facility performance, and is the main focus of Colorado Goldfields' dry stack repository. Geotechnical characterization, analysis and design are the core of Ausenco Vector's capabilities. Decades of expertise extends to the following areas: Site characterization, Facility siting studies, Physical test work programs, Seismic risk analysis, Earthquake engineering, Engineering and design, Ground support -- open pit and underground, Tunnel and deep, and excavation design. Ausenco Vector's fully accredited north American laboratory is available 24/7 to ensure the fastest possible project completion.
Specifically, project manager Mr. Breitenbach has over 37 years of project experience in site investigations, site selection, design, construction and reclamation of engineered structures in the field of geotechnical engineering and engineering geology. He has been involved in the engineering design and construction of more than 100 earth/rock water storage and tailings dam projects, 120 heap leach and evaporation pond projects, numerous gypsum stacks/waste rock piles, and foundations for power plants, industrial buildings, pipelines and bridges in North, Central and South America, as well as in Eastern Europe, Asia and Africa. Mr. Breitenbach is a professional engineer registered in 9 states in the USA and has published more than 50 technical papers on rock fill and heap leach design, construction and prevention of failures.
This design will be the key component of Colorado Goldfields' permit amendment to be submitted to the Colorado Division of Reclamation, Mining and Safety.
In addition to completing the geotechnical drilling on the dry stack repository, the Company has begun work to replace existing underground water lines at the mill site proper. The underground lines supply water from the Water Storage Tank to: 1) Office Building, 2) Mill Building, 3) Laboratory Building, and 4) Residential House.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or 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 or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
ACYD potential news brake.
TAMPA, Fla., Aug. 3, 2011 /PRNewswire/ -- American Community Development Group, Inc. (OTC Pinksheets: ACYD) today is very pleased to announced that it is adding Mr. Askia Mohammed Aquil to its advisory board.
Askia Muhammad Aquil, currently Chief Operating Officer for Community Housing Solutions, Inc., (CHS) has over 22 years experience in executive leadership, management and development of housing programs. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development organization (CHDO).
In his current capacity with CHS, he is working to develop a more than 100 room project focused on American Service Veterans Recovery and Housing. American Community Development Group is in discussions to utilize a portion of its own $2 million dollar, 12% private placement proceeds to assist in this project, among others. Mr. Aquil is also instrumental in our recent corporate discussions regarding expansion into other markets and our access to additional nonprofits groups, agencies and grant funding opportunities.
He previously held the post of Deputy Director of the St. Petersburg Housing Authority where he was employed for 11 years. He gained extensive construction management-related experience as Assistant Project Engineer for two separate entities that together performed $72 million worth of construction on a City of Tampa project. He has served on the Board of Directors of numerous organizations including the Pinellas Homeless Coalition, Homeless Leadership Network and WestCare Florida.
Since 2008, American Community Development Group, Inc. (ACYD.PK) is a socially responsible public company that specializes in real estate investment. We create and sponsor affordable and transitional housing and job creation programs for the nonprofit community and are currently focused on the Florida West Coast. We have positively affected hundreds of lives including, but not limited to, the people of Florida. Our expansion plans include other regional and national affiliations.
"The Company", was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations to other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.
According to John Folger, President of American Community Development Group, "We are currently acquiring interests in single and multi-family homes, apartment buildings, and other high occupancy commercial real estate properties, all while helping members of our community," he continued. "This approach sits well with both the community and our shareholders because we work directly with the nonprofit community and government agencies to house their clients. This model keeps our properties fully occupied."
For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.
About American Community Development Group
American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, act as consultants to the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.
Safe Harbor Statement
About Forward-Looking Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
CGFIA yes waiting we had great news today now waiting for her to take proper shape again. still has potential
CGFIA news
LAKEWOOD, CO--(Marketwire -08/03/11)- Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (Pinksheets: CGFIA.PK - News) announces today that is has completed over 600 feet of geotechnical drilling at the planned 35 acre dry stack tailings repository. Detailed engineering data from material testing and drilling logs of the holes will provide information necessary to ensure the design of a stable facility for permanent storage of mill tailings from the Pride of the West Mill.
The project was conducted by Trautner Geotech LLC. of Durango, Colorado under the supervision of David Trautner, a Registered Professional Engineer in Colorado. Mr. Trautner is an engineering geologist/geotechnical engineer who has been involved in the engineering and construction disciplines in Durango since 1983. His specialty is geologic hazard assessments on sites where development is planned, applying the potential influence of geologic processes and hazards as outlined in Colorado House Bill 1041 among other regulations.
Auger test borings will include a Standard Penetration Test ("SPT") every 5 feet. SPT testing involves driving a standard thick-walled sample tube into the ground at the bottom of a borehole by blows from a slide hammer with standard weight and falling distance. The number of blows needed for the tube to penetrate each 6 inch interval of an 18 inch span is recorded. The sum of the number of blows required for the second and third 6 inches of penetration is reported as "SPT blow count value," commonly termed "standard penetration resistance" or the "N-value." This is how sub-surface stability is measured to ensure safe containment of tailings. Soil samples will be tested in a laboratory to gather the additional data for the design of the dry stack repository.
The work is being conducted under a permit approved by the Colorado Division of Reclamation, Mining and Safety. All of the drill holes will be closed and sealed in accordance with State of Colorado procedures that will protect ground water resources.
Now that the geotechnical drilling is complete, the Company has engaged Allan J. Breitenbach, Senior Geotechnical Engineer and Engineering Geologist, of Ausenco/Vector to construct the detail design of the dry stack tailings repository. Ausenco/Vector is a world leader in geotechnical geomechanical, and geological engineering. Analysis of soil conditions and behaviors are fundamental to any facility performance, and is the main focus of Colorado Goldfields' dry stack repository. Geotechnical characterization, analysis and design are the core of Ausenco Vector's capabilities. Decades of expertise extends to the following areas: Site characterization, Facility siting studies, Physical test work programs, Seismic risk analysis, Earthquake engineering, Engineering and design, Ground support -- open pit and underground, Tunnel and deep, and excavation design. Ausenco Vector's fully accredited north American laboratory is available 24/7 to ensure the fastest possible project completion.
Specifically, project manager Mr. Breitenbach has over 37 years of project experience in site investigations, site selection, design, construction and reclamation of engineered structures in the field of geotechnical engineering and engineering geology. He has been involved in the engineering design and construction of more than 100 earth/rock water storage and tailings dam projects, 120 heap leach and evaporation pond projects, numerous gypsum stacks/waste rock piles, and foundations for power plants, industrial buildings, pipelines and bridges in North, Central and South America, as well as in Eastern Europe, Asia and Africa. Mr. Breitenbach is a professional engineer registered in 9 states in the USA and has published more than 50 technical papers on rock fill and heap leach design, construction and prevention of failures.
This design will be the key component of Colorado Goldfields' permit amendment to be submitted to the Colorado Division of Reclamation, Mining and Safety.
In addition to completing the geotechnical drilling on the dry stack repository, the Company has begun work to replace existing underground water lines at the mill site proper. The underground lines supply water from the Water Storage Tank to: 1) Office Building, 2) Mill Building, 3) Laboratory Building, and 4) Residential House.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or 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 or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
ACYD news outtday
TAMPA, Fla., Aug. 3, 2011 /PRNewswire/ -- American Community Development Group, Inc. (OTC Pinksheets: ACYD) today is very pleased to announced that it is adding Mr. Askia Mohammed Aquil to its advisory board.
Askia Muhammad Aquil, currently Chief Operating Officer for Community Housing Solutions, Inc., (CHS) has over 22 years experience in executive leadership, management and development of housing programs. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development organization (CHDO).
In his current capacity with CHS, he is working to develop a more than 100 room project focused on American Service Veterans Recovery and Housing. American Community Development Group is in discussions to utilize a portion of its own $2 million dollar, 12% private placement proceeds to assist in this project, among others. Mr. Aquil is also instrumental in our recent corporate discussions regarding expansion into other markets and our access to additional nonprofits groups, agencies and grant funding opportunities.
He previously held the post of Deputy Director of the St. Petersburg Housing Authority where he was employed for 11 years. He gained extensive construction management-related experience as Assistant Project Engineer for two separate entities that together performed $72 million worth of construction on a City of Tampa project. He has served on the Board of Directors of numerous organizations including the Pinellas Homeless Coalition, Homeless Leadership Network and WestCare Florida.
Since 2008, American Community Development Group, Inc. (ACYD.PK) is a socially responsible public company that specializes in real estate investment. We create and sponsor affordable and transitional housing and job creation programs for the nonprofit community and are currently focused on the Florida West Coast. We have positively affected hundreds of lives including, but not limited to, the people of Florida. Our expansion plans include other regional and national affiliations.
"The Company", was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations to other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.
According to John Folger, President of American Community Development Group, "We are currently acquiring interests in single and multi-family homes, apartment buildings, and other high occupancy commercial real estate properties, all while helping members of our community," he continued. "This approach sits well with both the community and our shareholders because we work directly with the nonprofit community and government agencies to house their clients. This model keeps our properties fully occupied."
For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.
About American Community Development Group
American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, act as consultants to the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.
Safe Harbor Statement
About Forward-Looking Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
ACYD PRs update
LAKEWOOD, CO--(Marketwire -08/03/11)- Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (Pinksheets: CGFIA.PK - News) announces today that is has completed over 600 feet of geotechnical drilling at the planned 35 acre dry stack tailings repository. Detailed engineering data from material testing and drilling logs of the holes will provide information necessary to ensure the design of a stable facility for permanent storage of mill tailings from the Pride of the West Mill.
The project was conducted by Trautner Geotech LLC. of Durango, Colorado under the supervision of David Trautner, a Registered Professional Engineer in Colorado. Mr. Trautner is an engineering geologist/geotechnical engineer who has been involved in the engineering and construction disciplines in Durango since 1983. His specialty is geologic hazard assessments on sites where development is planned, applying the potential influence of geologic processes and hazards as outlined in Colorado House Bill 1041 among other regulations.
Auger test borings will include a Standard Penetration Test ("SPT") every 5 feet. SPT testing involves driving a standard thick-walled sample tube into the ground at the bottom of a borehole by blows from a slide hammer with standard weight and falling distance. The number of blows needed for the tube to penetrate each 6 inch interval of an 18 inch span is recorded. The sum of the number of blows required for the second and third 6 inches of penetration is reported as "SPT blow count value," commonly termed "standard penetration resistance" or the "N-value." This is how sub-surface stability is measured to ensure safe containment of tailings. Soil samples will be tested in a laboratory to gather the additional data for the design of the dry stack repository.
The work is being conducted under a permit approved by the Colorado Division of Reclamation, Mining and Safety. All of the drill holes will be closed and sealed in accordance with State of Colorado procedures that will protect ground water resources.
Now that the geotechnical drilling is complete, the Company has engaged Allan J. Breitenbach, Senior Geotechnical Engineer and Engineering Geologist, of Ausenco/Vector to construct the detail design of the dry stack tailings repository. Ausenco/Vector is a world leader in geotechnical geomechanical, and geological engineering. Analysis of soil conditions and behaviors are fundamental to any facility performance, and is the main focus of Colorado Goldfields' dry stack repository. Geotechnical characterization, analysis and design are the core of Ausenco Vector's capabilities. Decades of expertise extends to the following areas: Site characterization, Facility siting studies, Physical test work programs, Seismic risk analysis, Earthquake engineering, Engineering and design, Ground support -- open pit and underground, Tunnel and deep, and excavation design. Ausenco Vector's fully accredited north American laboratory is available 24/7 to ensure the fastest possible project completion.
Specifically, project manager Mr. Breitenbach has over 37 years of project experience in site investigations, site selection, design, construction and reclamation of engineered structures in the field of geotechnical engineering and engineering geology. He has been involved in the engineering design and construction of more than 100 earth/rock water storage and tailings dam projects, 120 heap leach and evaporation pond projects, numerous gypsum stacks/waste rock piles, and foundations for power plants, industrial buildings, pipelines and bridges in North, Central and South America, as well as in Eastern Europe, Asia and Africa. Mr. Breitenbach is a professional engineer registered in 9 states in the USA and has published more than 50 technical papers on rock fill and heap leach design, construction and prevention of failures.
This design will be the key component of Colorado Goldfields' permit amendment to be submitted to the Colorado Division of Reclamation, Mining and Safety.
In addition to completing the geotechnical drilling on the dry stack repository, the Company has begun work to replace existing underground water lines at the mill site proper. The underground lines supply water from the Water Storage Tank to: 1) Office Building, 2) Mill Building, 3) Laboratory Building, and 4) Residential House.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or 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 or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
ACYD looks like we are still getting hits, could still go higher