All thoughts, comments, and posts are just my opinions...Dont listen to me on your trades, do your DD
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Littlefield Corporation Announces Record Hospitality Revenue
3/29/2007
AUSTIN, Texas, Mar 29, 2007 (BUSINESS WIRE) --
Littlefield Corporation (OTCBB: LTFD) announces that its hospitality brands, Word of Mouth custom catering and Premiere Tents & Events (collectively and legally Littlefield Hospitality, Inc.), are projected to achieve the highest first quarter revenue in their history with Littlefield Hospitality.
Word of Mouth is projected to achieve a revenue level of approximately $725,000, an increase of over 75% when compared to Q1-2006.
Premiere Tents & Events is projected to achieve a revenue level of approximately $520,000, an increase of over 35% when compared to Q1-2006. This is the first time Q1 revenue has ever exceeded $500,000.
Littlefield Hospitality (the combination of Word of Mouth and Premiere Tents & Events with intracompany revenue eliminated) is projected to achieve a revenue level of approximately $1,100,000, an increase of over 55% when compared to Q1-2006.
The revenue level in excess of $1,000,000 for the first quarter is also an important symbolic achievement as it crosses a threshold never achieved before by Littlefield Hospitality during the first quarter.
The increases were driven by some important events including the Neiman Marcus grand opening and the South by Southwest Musical Festival. In addition, the level of business from loyal customers was particularly high during the first quarter perhaps signaling an increase in hospitality spending.
This impressive first quarter comes on the heels of record revenue achieved in each of the last three quarters with particular note being given to surpassing the $2,000,000 level in Q4-2006. This makes four consecutive quarters in which the Littlefield Hospitality revenue was the highest each quarter for its respective quarter. When taken together this signals a trailing annual revenue of approximately $5,800,000. As a comparative benchmark, FY 2003 (the post 9-11 low water mark) revenue was approximately $3,410,000.
While the performance of both Word of Mouth and Premiere Tents & Events is noteworthy, Premiere has enjoyed a greater rate of growth and has achieved a continuing pattern of quarterly increases for the last three years with the exception of only one quarter.
Jeffrey L. Minch, President and Chief Executive Officer of Littlefield Corporation, offered the following comments:
"Both of our hospitality companies have enjoyed a great first
quarter. Word of Mouth has achieved an increase in revenue of
over 75% in a quarter which is typically a very difficult
quarter as hospitality spending in January and February is
usually very low.
Premiere Tents & Events continues its growth rate of over 30%
which it has now demonstrated for over two years.
These revenue increases are attributable to hard work by each and
every member of the Word of Mouth and Premiere teams.
Congratulations to all and I truly appreciate all of your hard
work!
From a macro perspective these continuing increases seem to
signal a growing level of hospitality spending in Austin and we
will continue to seek to acquire our fair share of the market
and an increasing share of the growth.
We appreciate all the clients who have allowed us to participate
in making the memories of their lives."
In evaluating this Press Release it is important to note that in accordance with GAAP, sales revenue between Word of Mouth and Premiere is subject to an intracompany elimination. In addition, revenue figures do not include sales tax. The inclusion of sales tax -- which is not in accordance with the Company's revenue recognition principles -- would increase the perceived level of revenue. Competitors of Word of Mouth and Premiere (primarily private companies) may routinely include sales tax when discussing revenue.
Investors are always cautioned to be careful in drawing conclusions from a single press release, the Company's performance in a single quarter or the individual opinions of any member of the Company's management in making their individual investment decisions. These admonitions are particularly pertinent to this Press Release as it discusses only a portion of the Company's business operations.
In accordance with the safe harbor provisions of the Private Securities Reform Act of 1995: except for historical information contained herein, certain matters set forth in this press release are forward looking statements that are subject to substantial risks and uncertainties, including government regulation, taxation, competition, market risks, customer attendance, spending, general economic conditions and other risks detailed in the Company's Securities and Exchange Commission filings and reports.
SOURCE: Littlefield Corporation
Littlefield Corporation Cecil Whitmore, 512-476-5141 Financial Analyst, Investor Relations Fax: 512-476-5680 cwhitmore@littlefield.com
Copyright Business Wire 2007
Littlefield Corporation Announces Record Hospitality Revenue
3/29/2007 - LTFD
AUSTIN, Texas, Mar 29, 2007 (BUSINESS WIRE) --
Littlefield Corporation (OTCBB: LTFD) announces that its hospitality brands, Word of Mouth custom catering and Premiere Tents & Events (collectively and legally Littlefield Hospitality, Inc.), are projected to achieve the highest first quarter revenue in their history with Littlefield Hospitality.
Word of Mouth is projected to achieve a revenue level of approximately $725,000, an increase of over 75% when compared to Q1-2006.
Premiere Tents & Events is projected to achieve a revenue level of approximately $520,000, an increase of over 35% when compared to Q1-2006. This is the first time Q1 revenue has ever exceeded $500,000.
Littlefield Hospitality (the combination of Word of Mouth and Premiere Tents & Events with intracompany revenue eliminated) is projected to achieve a revenue level of approximately $1,100,000, an increase of over 55% when compared to Q1-2006.
The revenue level in excess of $1,000,000 for the first quarter is also an important symbolic achievement as it crosses a threshold never achieved before by Littlefield Hospitality during the first quarter.
The increases were driven by some important events including the Neiman Marcus grand opening and the South by Southwest Musical Festival. In addition, the level of business from loyal customers was particularly high during the first quarter perhaps signaling an increase in hospitality spending.
This impressive first quarter comes on the heels of record revenue achieved in each of the last three quarters with particular note being given to surpassing the $2,000,000 level in Q4-2006. This makes four consecutive quarters in which the Littlefield Hospitality revenue was the highest each quarter for its respective quarter. When taken together this signals a trailing annual revenue of approximately $5,800,000. As a comparative benchmark, FY 2003 (the post 9-11 low water mark) revenue was approximately $3,410,000.
While the performance of both Word of Mouth and Premiere Tents & Events is noteworthy, Premiere has enjoyed a greater rate of growth and has achieved a continuing pattern of quarterly increases for the last three years with the exception of only one quarter.
Jeffrey L. Minch, President and Chief Executive Officer of Littlefield Corporation, offered the following comments:
"Both of our hospitality companies have enjoyed a great first
quarter. Word of Mouth has achieved an increase in revenue of
over 75% in a quarter which is typically a very difficult
quarter as hospitality spending in January and February is
usually very low.
Premiere Tents & Events continues its growth rate of over 30%
which it has now demonstrated for over two years.
These revenue increases are attributable to hard work by each and
every member of the Word of Mouth and Premiere teams.
Congratulations to all and I truly appreciate all of your hard
work!
From a macro perspective these continuing increases seem to
signal a growing level of hospitality spending in Austin and we
will continue to seek to acquire our fair share of the market
and an increasing share of the growth.
We appreciate all the clients who have allowed us to participate
in making the memories of their lives."
In evaluating this Press Release it is important to note that in accordance with GAAP, sales revenue between Word of Mouth and Premiere is subject to an intracompany elimination. In addition, revenue figures do not include sales tax. The inclusion of sales tax -- which is not in accordance with the Company's revenue recognition principles -- would increase the perceived level of revenue. Competitors of Word of Mouth and Premiere (primarily private companies) may routinely include sales tax when discussing revenue.
Investors are always cautioned to be careful in drawing conclusions from a single press release, the Company's performance in a single quarter or the individual opinions of any member of the Company's management in making their individual investment decisions. These admonitions are particularly pertinent to this Press Release as it discusses only a portion of the Company's business operations.
In accordance with the safe harbor provisions of the Private Securities Reform Act of 1995: except for historical information contained herein, certain matters set forth in this press release are forward looking statements that are subject to substantial risks and uncertainties, including government regulation, taxation, competition, market risks, customer attendance, spending, general economic conditions and other risks detailed in the Company's Securities and Exchange Commission filings and reports.
SOURCE: Littlefield Corporation
Littlefield Corporation Cecil Whitmore, 512-476-5141 Financial Analyst, Investor Relations Fax: 512-476-5680 cwhitmore@littlefield.com
Copyright Business Wire 2007
LTFD - A little DD.
Looks like there is only a little over 10 Million in the O/S with a A/S of 20 Million. Doesn't appear to be any dilution recently either. http://www.wallst.net/tools/tools.asp?qm_page=57108&qm_symbol=LTFD
Interesting 8K ---
Unregistered Sale of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities
On February 27, 2007, Littlefield Corporation agreed to sell 400,000 shares of its restricted common stock to an affiliate of Value Fund Advisors, LLC, of Tulsa, Oklahoma, for $1.19 per share, which represents a fifteen percent (15%) premium over the company's average closing price on the OTC Bulletin Board for the last five trading days. The investor has also agreed to purchase an additional 100,000 shares of Littlefield's common stock in open market purchases over the next three months.
The sale was made in a privately negotiated transaction in reliance on the exemption from federal securities laws contained in Section 4(2) of the Securities Act of 1933.
LTFD - Possible GOLDEN CROSS Alert...
Nice one Cargo
POIG -- Petrol Oil and Gas Inc announces increase in revenue
3/29/2007
Mar 29, 2007 (M2 EQUITYBITES via COMTEX News Network) --
Petrol Oil and Gas Inc (OTCBB:POIG), an independent energy exploration and development company with properties in Kansas and Missouri, announced on 28 March that it expects to report a growth in revenues for the year ended 31 December 2006 of approximately 12.5% to approximately USD6.8m against revenues of approximately USD6.0m for 2005.
The company will announce its audited financial results by 13 April 2007.
Comments on this story may be sent to admin@m2.com
(C)2007 M2 COMMUNICATIONS LTD http://www.m2.com
NIHK - Nighthawk Systems Enhances Product Offering, Receives Large Order from El Paso Electric
3/29/2007
Web Interface Enables Easier Product Use
SAN ANTONIO, Mar 29, 2007 (BUSINESS WIRE) --
Nighthawk Systems, Inc. (OTCBB:NIHK), a leading provider of intelligent wireless power management and emergency notification solutions, announced today that El Paso Electric has placed an additional order for several hundred Nighthawk CEO700 remote power disconnect units as part of a growing automation program at the utility. Nighthawk also announced that, in conjunction with the order, Nighthawk is developing a Web-enabled interface that will be used by El Paso to manage the devices being purchased, in addition to the devices already purchased by them.
H. Douglas Saathoff, Nighthawk's CEO, commented, "To put it simply, the easier our products are to use, the more of them we will sell. The Web-enabled interface that we are developing with El Paso will make it easier for El Paso and other customers to manage and use Nighthawk devices. Customers that have a desire to utilize thousands of devices like El Paso Electric need the ability to easily track and activate the units and produce reports on their use. This solution will allow El Paso to 'point and click' devices from a database in order to activate them via Nighthawk and the American Messaging wireless network."
Mr. Saathoff continued, "We look forward to finalizing this program with El Paso over the coming weeks, and rolling it out to our existing customer base during the second quarter of this year. It is our goal to become much more than an equipment vendor to our customers - we want to be a solutions provider for them. Assisting with the automation process gives us the opportunity to become partners with our customers as their programs continue to evolve."
Nighthawk's CEO700 gives electric utilities the ability to remotely disconnect and reconnect power to residential electric meters, saving them significant time and money over the traditional manual methods requiring truck rolls and field personnel. In September 2006, Nighthawk Systems and American Messaging announced they had strengthened their joint marketing agreement to take advantage of their core competencies and provide the best wireless remote control solutions possible to their customers.
About Nighthawk Systems, Inc.
Nighthawk is a leading provider of intelligent wireless power control products that enable simultaneous activation or de-activation of multiple assets or systems on demand. Nighthawk's installed customer base includes major electric utilities, internet service providers and fire departments in over 40 states. Nighthawk's products also enable custom message display, making them ideal for use in traffic control and emergency notification situations.
Individuals interested in Nighthawk Systems can sign up to receive email alerts by visiting the Company's website at www.nighthawksystems.com.
Forward-looking statements
Statements contained in this release, which are not historical facts, including statements about plans and expectations regarding business areas and opportunities, acceptance of new or existing businesses, capital resources and future business or financial results are "forward-looking" statements. You should not place undue reliance on these forward-looking statements. Such forward-looking statements are subject to risks and uncertainties, including, but not limited to, customer acceptance of our products, our ability to raise capital to fund our operations, our ability to develop and protect proprietary technology, government regulation, competition in our industry, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this press release to conform these statements to actual results or to changes in our expectations, except as required by law.
SOURCE: Nighthawk Systems, Inc.
Nighthawk Systems, Inc. Doug Saathoff, 877-7-NIGHTHAWK, Ext 701 dsaathoff@nighthawksystems.com
Copyright Business Wire 2007
Nice list there Obi
Keep in mind energy stocks. Crude jumped a few bucks today, tensions with Iran, summer driving season coming on. http://ih.advfn.com/p.php?pid=qkquote&cb=1175055669&symbol=NYM%5ECL%5CK07
Could help some of the sagging energy pennies. I dont have any in mind just yet, but doing some scanning. Anyone with a few picks, please feel free to post.
WGDF up .14+ at the close.
Welcome Aboard Portlander!! Glad you joined up.
Great pick port...Very Nice!
Good Morning Trendfinders, just wanted to wish everyone a very prosperous week!
LOL Cant come soon enough. BHUB very interesting play here.
BUYINS.NET: TGLO, UFEN, ZROS, FCCN Have Also Been Added To Naked Short List Today
3/26/2007
Mar 26, 2007 (M2 PRESSWIRE via COMTEX News Network) --
BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: theglobe.com, inc. (OTCBB: TGLO), United Fuel & Energy Corporation (OTCBB: UFEN), Zeros & Ones Inc (OTCBB: ZROS), Franchise Capital Corporation (OTC: FCCN). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.
theglobe.com, inc. (OTCBB: TGLO) and subsidiaries provide voice over Internet protocol (VoIP) telephony services, computer games, and Internet services. It offers Voice over Internet Protocol telephony services, which refer to a category of hardware and software that enables people to use the Internet to make phone calls. The company also publishes Computer Games magazine, a consumer print magazine for personal computer gamers; operates CGOnline Web site, which is a source of free computer games news and information featuring news, reviews, and previews. theglobe was founded in 1995 and is headquartered in Fort Lauderdale, Florida. With 174.76 million shares outstanding and 101,716 shares declared short as of February 2007, there is a failure to deliver in shares of TGLO.
United Fuel & Energy Corporation (OTCBB: UFEN) engages in the distribution and sale of fuels and lubricants in Texas, eastern New Mexico, and southeast Oklahoma, the United States. It also engages in the sale of gasoline and diesel fuel through unattended refueling stations, or card lock' sites to commercial vehicles and fleets; wholesale distribution of fuels and lubricants to industrial and commercial customers; and sale of propane to residential and commercial customers. The company sells its products, including credit sales, through bulk plants, unattended self-serve stations, and attended service stations. As of December 31, 2005, it operated through 83 public and private card lock sites and 17 branch offices. United Fuel & Energy Corporation is headquartered in Midland, Texas. With 13.66 million shares outstanding and 262 shares declared short as of February 2007, there is a failure to deliver in shares of UFEN.
Zeros & Ones Inc (OTCBB: ZROS) through its subsidiary, RocketStream Holding Corporation, develops packet delivery technologies designed for IP-centric applications. It provides its technologies for the delivery of video, audio, and groupware chat, as well as bi-directional voice over IP facilities, and a solution for file transfer and media delivery over IP network. The company delivers platforms, integrated solutions, and technologies to serve the military, telecommunications, and entertainment industries. Zeros & Ones is based in Los Angeles, California. With 104.04 million shares outstanding and 8,445 shares declared short as of February 2007, there is a failure to deliver in shares of ZROS.
Franchise Capital Corporation (OTC: FCCN) a business development company, provides long-term debt and equity investment capital to support the expansion of companies in the casual, fast food restaurant industry. It invests in private and small to middle market companies that lack access to public capital. The company's investment portfolio primarily consists of equity investments in companies, which may or may not constitute a controlling equity interest. Franchise Capital was formed in 2001 under the name of Cortex Systems, Inc. and changed its name to BGR Corporation in 2003. Further, the name was changed to Franchise Capital Corporation in December 2004. The company is headquartered in Phoenix, Arizona. With 71.56 million shares outstanding and 649,525 shares declared short as of February 2007, there is a failure to deliver in shares of FCCN.
About BUYINS.NET
WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.
BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 1,250,000,000 short sale transactions goes back to January 1, 2005, and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005, because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.
All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET may receive compensation in cash or shares from independent third parties or from the companies mentioned.
BUYINS.NET affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.
BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.
CONTACT: Thomas Ronk, CEO Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2007 M2 COMMUNICATIONS LTD
WGDF News...TORONTO, Mar 26, 2007 (Canada NewsWire via COMTEX News Network) --
<<
- Proven and Probable reserves increased to 2.77 million ounces of gold
- Measured and Indicated resources (inclusive of reserves) increased to
3.87 million ounces of gold
- Inferred resources increased to 19.0 million tons averaging
0.016 ounces of gold per ton
>>
Western Goldfields, Inc. (TSX:WGI, OTC BB: WGDF.OB) today announced reserve and resource increases at its wholly owned Mesquite Mine located in Imperial County, California.
As of March 22, 2007, the company has completed 100 holes totaling 78,270 feet of drilling. The updated reserve and resource models include data from 27 of the holes tested in the Brownie Hill area. Assay results from the remaining 73 holes are pending.
"The drilling at Brownie Hill successfully upgraded Inferred resources to Proven and Probable reserves," said Raymond Threlkeld, President and Chief Executive Officer. "Results from two holes drilled in the Big Chief zone, and announced in February 2007, clearly demonstrate additional, unrecognized oxide and non-oxide mineralization exists within the proposed mining areas. The Company is continuing to drill within the Big Chief pit as well as conduct reconnaissance drilling to identify new targets that will further enhance the value of the Mesquite mine," added Mr. Threlkeld.
Proven and Probable Reserves Increased
--------------------------------------
Proven and Probable reserves increased to 2.77 million ounces of gold from the 2.36 million ounces announced in August 2006.
The increase of 410,000 ounces, 90 percent of which is oxide material, is equally attributable to the drilling program at the Brownie Hill zone that converted Inferred oxide resources to Proven and Probable reserves and to an increase in the reserve gold price assumption to US$500 per ounce from US$450 per ounce.
The Company is applying the new reserve estimates to its life-of-mine model. Based on the current mining plan of 165,000 ounces per year, Western Goldfields has increased the reserve life of the Mesquite Mine by approximately two years. Pit optimization is underway to determine whether annual production can be increased with the current planned mine fleet.
Measured, Indicated, and Inferred Resources Increased
-----------------------------------------------------
Measured and Indicated resources (inclusive of mineral reserves) increased to 3.87 million ounces of gold from the previously announced 3.61 million ounces.
Total Inferred resources, which are not included with Measured and Indicated resources, increased to 19.0 million tons averaging 0.016 ounces of gold per ton. Current pit designs include 12.0 million tons of the Inferred resource at an average grade of 0.013 ounces of gold per ton. The Company is confident exploration drilling can upgrade the Inferred resource within the current pit design, adding between 100,000 to 200,000 ounces to the mineral reserves.
"Our new Reserve and Resource estimates," said Randall Oliphant, Chairman, "provide further confirmation of the truly exciting potential of the Mesquite Mine to create value for our shareholders and serve as a solid platform for the growth of our Company."
"Everything is on schedule and in place to make the Mesquite Mine a great success," Mr. Oliphant continued. "The mine is fully permitted, we have successfully completed our equity financing, we expect to make an announcement on the project debt financing in the coming weeks, and delivery of the mining fleet has begun. Its California location made it attractive for the recruitment of an experienced mining team and we are using proven mining technology."
The data contained in this news release has been prepared under the supervision of Wes Hanson, P. Geo., Vice-President of Mine Development, Western Goldfields, and the Qualified Person under NI 43-101 for the project. A table summarizing the updated mineral reserves and resources for the Mesquite Mine is included in the Appendix to this news release.
Western Goldfields, Inc.
------------------------
Under a new, highly experienced, and dynamic management team, Western Goldfields is a gold producer focused on completing the expansion of its wholly owned Mesquite Mine, located in Imperial County, California, and returning the mine to full production. Western Goldfields, Inc. is listed on the Toronto Stock Exchange and trades under the symbol WGI, and is quoted on the OTCBB under the symbol WGDF.OB. For further details regarding the mineral reserves and mineral resources at Mesquite, please visit www.westerngoldfields.com.
Forward-Looking Information
---------------------------
Certain statements contained in this news release and subsequent oral statements made by and on behalf of the Company may contain forward-looking information within the meaning of the United States Private Securities Litigation reform Act of 1995 and similar Canadian legislation. Such forward-looking statements are identified by words such as "intends", "anticipates", "believes", "expects", "can", and "hopes" and include, without limitation, statements regarding the Company's plan of business operations, the potential to convert resources to reserves, financing options and the consequences thereof, potential contractual arrangements, receipt of working capital, anticipated revenues, and related expenditures. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, those set forth in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2006 filed with the U.S. Securities and Exchange Commission, under the caption, "Risk Factors". Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulation, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.
<<
APPENDIX
MESQUITE MINE - MINERAL RESOURCES AND RESERVES
March 26, 2007
----------------------------------------------------------
Mineral Resources Inclusive of Reserves
----------------------------------------------------------
Classification Category Tons Grade Contained
(x 1,000) (Au oz/T) (Au ozs)
-------------------------------------------------------------------------
Measured Oxide 111,196 0.016 1,748,000
Non-oxide 30,587 0.024 729,000
-------------------------------------------------------------------------
Measured Subtotal 141,783 0.017 2,477,000
-------------------------------------------------------------------------
Indicated Oxide 44,523 0.017 759,000
Non-oxide 27,335 0.023 633,000
-------------------------------------------------------------------------
Indicated Subtotal 71,858 0.019 1,392,000
-------------------------------------------------------------------------
Measured &
Indicated Total 213,641 0.018 3,869,000
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Inferred Oxide 13,000 0.013
Non-oxide 6,000 0.022
-------------------------------------------------------------------------
Inferred Subtotal 19,000 0.016
-------------------------------------------------------------------------
----------------------------------------------------------
Mineral Reserves
----------------------------------------------------------
Classification Category Tons Grade Contained
(x 1,000) (Au oz/T) (Au ozs)
-------------------------------------------------------------------------
Proven Oxide 97,961 0.016 1,545,000
Non-oxide 16,429 0.023 386,000
-------------------------------------------------------------------------
Proven Subtotal 114,390 0.017 1,931,000
-------------------------------------------------------------------------
Probable Oxide 38,000 0.017 660,000
Non-oxide 7,914 0.022 176,000
-------------------------------------------------------------------------
Probable Subtotal 45,914 0.018 836,000
-------------------------------------------------------------------------
Proven &
Probable Total 160,304 0.017 2,767,000
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Inferred Oxide 11,000 0.013
Non-oxide 1,000 0.020
-------------------------------------------------------------------------
Inferred Subtotal 12,000 0.013
-------------------------------------------------------------------------
----------------------------------------------------------
Mineral Resources Exclusive of Reserves
----------------------------------------------------------
Classification Category Tons Grade Contained
(x 1,000) (Au oz/T) (Au ozs)
-------------------------------------------------------------------------
Measured Oxide 13,235 0.015 203,000
Non-oxide 14,158 0.024 343,000
-------------------------------------------------------------------------
Measured Subtotal 27,393 0.020 546,000
-------------------------------------------------------------------------
Indicated Oxide 6,523 0.015 99,000
Non-oxide 19,421 0.024 457,000
-------------------------------------------------------------------------
Indicated Subtotal 25,944 0.021 556,000
-------------------------------------------------------------------------
Measured &
Indicated Total 53,337 0.024 1,102,000
-------------------------------------------------------------------------
Inferred Oxide 2,000 0.015
Non-oxide 5,000 0.022
-------------------------------------------------------------------------
Inferred Subtotal 7,000 0.020
-------------------------------------------------------------------------
1. The Company's mineral reserves are estimated using appropriate
cut-off grades at an assumed gold price of US$500 per ounce and
projected process recoveries, operating costs and life of mine plans
which include allowances for dilution and mining recovery.
2. The Company's mineral reserves are consistent with the definitions
established by Industry Guide 7, administered by the U.S. Securities
and Exchange Commission.
3. The Company's mineral resources are estimated using appropriate cut
off grades at an assumed gold price of US$600 per ounce and projected
process recoveries, operating costs and life of mine plans which
include allowances for dilution and mining recovery.
4. The Company's mineral resources and mineral reserves are classified
in accordance with the Canadian Institute of Mining, Metallurgy and
Petroleum's (CIM) "Standards on Mineral Resources and Reserves,
Definitions and Guidelines".
5. Cautionary note to U.S. investors concerning Measured, Indicated and
Inferred mineral resources: These terms are required by the CIM's
"Standards on Mineral Resources and Reserves, Definitions and
Guidelines". U.S. Investors are cautioned not to assume that all or
any part of the stated mineral resources will be converted into
reserves.
6. The Company's mineral resource and reserve estimates were prepared
under the supervision of Mr. W. Hanson, P.Geo., Vice-President of
Mine Development, Western Goldfields, Inc.
>>
%SEDAR: 00021587E %CIK: 0001208038
SOURCE: Western Goldfields, Inc.
www.westerngoldfields.com; Raymond Threlkeld, President and Chief Executive Officer,
(416) 324-6005, bpenny@westerngoldfields.com; Julie Taylor Pantziris, Director,
Regulatory Affairs and Investor Relations, (416) 324-6015,
jtaylor@westerngoldfields.com; Richard Wertheim, Investor and Media Relations,
Wertheim + Company Inc., (416) 594-1600, wertheim@wertheim.ca
Copyright (C) 2007 CNW Group. All rights reserved.
© 2007 Stockgroup Media Inc. | Disclaimer
WOW, definately lots of buzz on BHUB....Looking into it more now.
Oh yes, I remember that BANY run.
BANY NEWS - Banyan Subsidiary, Premier Medical Group Announces 4th Acquisition
Wednesday March 21, 12:01 pm ET
LOS ANGELES--(BUSINESS WIRE)--Banyan Corporation (OTCBB:BANY - News), franchisors of nationally branded Chiropractic USA clinics, and owner of Premier Medical Group and Virtual Medical Systems, Inc. (VMS), announced the Acquisition of the customer base of Medical Resources, Inc. of Virginia. Premier Medical Group is now considered to be one of the largest electro diagnostic testing companies in the USA.
Michael Gelmon, Banyan CEO, speaking to analysts said that this acquisition would add initially about $1.3 million in annual revenue to Premier based on the number and size of accounts acquired, as well as add substantial revenue to VMS. VMS sells the highly recognized VT3000 nerve testing device to medical and chiropractic practices across the United States. "Acquiring revenue streams throughout our operating businesses is a sound approach to bring about rapid growth for Banyan," said Michael Gelmon. "While this is our 4th acquisition for Premier, the potential for continued acquisitions is great as we seek to consolidate the electro diagnostic industry".
"Revenues from Banyan's core businesses are expected to grow to an estimated $7.4 million on an annualized basis, turning the corner to profitability," said Gelmon.
Banyan agreed to pay Medical Resources 30% of the gross collections from its former accounts until the purchase price of $440,000 has been paid in full.
About Banyan Corporation:
Banyan Corporation is a publicly traded holding company focused on investing in and building a network of operating subsidiaries engaged in various innovative businesses. Currently the company's subsidiary, Chiropractic USA, Inc. is focusing on the development of branded Chiropractic clinics throughout North America by way of franchising and the use of uniform operating systems and practices. The company's other subsidiaries, Premier Medical Group LLC, and Virtual Medical Systems, Inc., provide diagnostic testing services to physicians nationwide in addition to marketing the VT3000 Electro-diagnostic testing machine.
This Press Release contains or incorporates by reference forward looking statements including certain information with respect to plans and strategies of Banyan Corporation. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Banyan Corporation operations that could differ materially from those indicated by such forward looking statements.
Good Morning Trendfinders!!!
I just wanted to drop in and say Hello and let you all know, I've had some family issues come up which has taken a lot of my time, but hope to be back this week. Thanks Obi for taking the boat, you da penny tradin' man! We're a good team here. See you all soon.
Otc..
JJ, I think thats a safe bet
ECFL - eCarfly Announces Terra Fuel Technologies to Merge with eCarfly, Agreements with WASTE MANAGEMENT to Be Reviewed
Wednesday March 7, 6:00 am ET
DALLAS--(BUSINESS WIRE)--eCarfly, Inc. (PINK SHEETS: ECFL - News) is pleased to release today that Terra Fuel Technologies, (TFT) is proudly under merger negotiations with eCarfly. TFT is considered to be the leading standard within the technology industry as a prominent developer of secondary fuel source providers. Through existing business relations with WASTE MANAGEMENT, TFT is currently reviewing agreement possibilities for implementing the Co-Fuelling Engine Technology to the WASTE MANAGEMENT fleet of waste collection vehicles. Fleet trials from WASTE MANAGEMENT and other high profile organizations, will further guarantee the success of the Co-Fuelling Technology.
The Terra Fuel Technologies EDITek operates a secondary ethanol fuel delivery system, which vaporizes ethanol and introduces it into the air intake of the diesel engine with positive results, some of which are scientifically yet to be explained. The technology compromises the adaptation and modification of non-invasive components that make for a simple and cost effective installation, whether as a production line or retrofit. The TFT technology is an economically viable alternative that does not require any engine modifications and can potentially meet the operational and economic demands of major organizations with large diesel fleets.
Principal markets are North & South America, Europe and Oceania, however, markets based on renewable fuel requirements are emerging all over the world. The TFT commercialization strategy is focused first on introducing the technology into major fleets, particularly those that are publicly funded. Economics and legislation, particularly in the USA, are driving the use of alternative fuels, such as ethanol in diesel engines.
WASTE MANAGEMENT, the leading provider of comprehensive waste and environmental services in North America, holds a network of operations which includes 413 collection operations, 370 transfer stations, 283 active landfill disposal sites, 17 waste-to-energy plants, 131 recycling plants, 95 beneficial-use landfill gas projects and 6 independent power production plants. These assets enable WASTE MANAGMENT to offer a full range of environmental services to nearly 21 million residential, industrial, municipal and commercial customers. Successful fleet trails with a waste conglomerate like WASTE MANAGEMENT would tremendously increase market recognition and potentially generate massive revenues.
Website's for both eCarfly and TFT are presently under construction to form one united website that will function for both companies' needs. Web developments will be completed in the very near future.
"eCarfly is extremely honored to be merging with an industry leading company like Terra Fuel Technologies. Uniting forces with a company of its caliber will only bring positive results to our organization as well as to our market value. As described above, TFT holds one of the world's most sought after technologies, and has created a highly impressive and cost effective means to its implementation. Potential agreements as well as many showcases will ensure the long term success of our newfound venture with Terra Fuel Technologies. Websites for both companies are currently being developed by the same web group located out of Dallas, TX. Upon the completion of the site, the public will be able to access updated technology releases, project forecasts and all basic information regarding both companies. Our 8 day stretch of successful trading has been a very positive influence on the merger and we foresee this track record as a mere beginning to a bright future for eCarfly and our shareholders," stated Desmond Milligan, CEO of eCarfly, Inc.
Disclaimer:
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.
Contact:
eCarfly, Inc., Dallas
Desmond Milligan, 214-208-ECFL (3235)
ecflinvestor@yahoo.com
--------------------------------------------------------------------------------
Source: eCarfly, Inc.
Good Morning Trendfinders!
ECFL just keeps the PR's coming.
ECFL - eCarfly Announces - FORD MOTOR COMPANY to Review AFC's Co-Fuelling Engine Technology for Retro Fitting on Diesel Engine Production - Estimated Revenues to Exceed 462 Million Dollars
Tuesday March 6, 6:00 am ET
DALLAS--(BUSINESS WIRE)--eCarfly, Inc. (PINK SHEETS: ECFL - News) announced today that the Alternative Fuels Company (AFC) in correlation with eCarfly is scheduling to showcase the Co-Fuelling Engine Technology to the FORD MOTOR COMPANY. The AFC's Co-Fuelling Engine Technology will provide an alternative means of reducing emissions in their diesel product line. This technology provides a highly cost effective means to reducing emissions in the FORD diesel engine line-up, by uniting FORD MOTOR COMPANY'S already existing efforts on pollution with the world renowned technology offered by the AFC. Revenue projections are described below.
According to a Ford Motor Company press release, "Ford will usher in America's clean diesel era when it introduces the all-new 2008 F-Series Super Duty pickup early next year. The truck's 6.4-liter Power Stroke® engine will be Ford's cleanest, quietest pickup diesel ever - with particulate emissions equivalent to a gasoline engine.
"Diesel engines have become the powertrain of choice for heavy duty pickup truck buyers in the U.S. because they provide more torque for maximum towing and hauling. The diesel engine's torque advantage comes, in part, because the fuel is ignited with compression - the piston's compression stroke is so intense that the fuel combusts spontaneously. The process is far more efficient than igniting fuel with spark plugs, as in gasoline engines.
"Since 2001, annual diesel truck registrations have increased from about 400,000 vehicles in 2001 to more than 500,000 today, and Ford has long been the industry leader. Ford has sold 1.3 million diesel-powered F-Series pickups in the U.S. since 2001. On an annual basis, Ford sells more diesel-powered pickup trucks than Chevrolet and Dodge combined. Nearly three-quarters of all Ford Super Duty trucks are sold with the Power Stroke diesel." To see the entire article, go to http://media.ford.com/newsroom/release_display.cfm?release=24088.
By these statistics, and cost per vehicle prices reduced to $2500 per retro-fitted unit, revenues are estimated to exceed 462 Million Dollars if project forecasts are successful. The AFC's Co-Fuelling Engine Technology will, not only decrease emissions for diesel engines built by the FORD MOTOR COMPANY, but increase engine torque at the same time.
"It is always an honor to affiliate your organization with automotive tycoons like the FORD MOTOR COMPANY. As we venture further into the process of this merger, we have become more aware of the endless revenue possibilities that would be inherited after the merger is completed. As a result of eCarfly acquiring the AFC, which provides a vehicle to becoming a publicly traded entity, the eCarfly organization will innately benefit from both existing and future revenues produced by the many possible governmental and automotive-industry contracts," stated Desmond Milligan, CEO of eCarfly, Inc.
Disclaimer:
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.
Well said. The Bid support has held extremely strong at 0014 and then moved up from there today. A good news update would do wonders about right now.
ECFL - The little stock that could...and keeps chuggin along.
That website is enough for me to get interested. I like it http://www.w2energy.com/
I agree JJ..Sounds like a good thing to me!
ECFL - eCarfly Announces Letter of Intent to Merge with the Alternative Fuels Company Has Been Signed - Opportunities with Several Fortune 500 Companies Are Scheduled to Be Released
Monday March 5, 6:00 am ET
DALLAS--(BUSINESS WIRE)--eCarfly, Inc. (PINK SHEETS: ECFL - News) announced today that they have received the signed Letter of Intent to Merge (LOI) from the Alternative Fuels Company (AFC). eCarfly is additionally pleased to announce that contractual possibilities with some of America's most recognized Fortune 500 companies are scheduled to be released publicly in the near future. The stock purchase agreement received by the AFC is currently under review, and will be brought to final negotiations now that the LOI has been signed.
eCarfly and the AFC intend to merge as one unified forefront within the automotive industry to bring Co-Fueling Engine Technology to the world as a cost effective means to decrease America's fight on public pollution and Global Warming. United efforts between both companies will render a powerful impact with some of America's most prominent automobile manufactures, as well as government agencies. These efforts have already been recognized by science administrations across the nation, and will be integrated on an international scale once the merger has taken place.
Clean air efforts are being implemented by the government to increase the regulation on pollution requirements for every type of transportation organization across the board. Mandated policies will catastrophically elevate the demand for an alternative means to provide equivalent engine performance while maintaining satisfactory pollution levels. The AFC is considered to hold the only deliverable method to a cost effective solution within this highly observed crisis, further elevating the ability to corner the market on the fight to end pollution.
Additional press releases will be made to update shareholders on the following merger details:
Release of company name and officials
Release of showcases and contracts with Fortune 500 companies
Release of estimated revenues
Release of estimated direct gains to eCarfly
Release of all patents and technologies
Description of existing partners and ventures
Promotion & Marketing tactics
Major contracts by specific institutions and product line
Recent corporate transactions
"We have exhausted many efforts to find the most suitable merger opportunity to take this organization to the next level of business. Through the receipt of a signed LOI, we feel that our negotiating position is now secure and are confident that this merger between the Alternative Fuels Company and eCarfly will be consummated in the very near future. eCarfly stock currently holds an average daily trading volume of over 26 million shares and has increased over 700% in only 6 trading days. With upcoming press, we foresee this positive market reflection as a beginning to many successful trading days in the future. We have released substantially detailed press in the past week to keep our shareholders abreast of the merger situation, and our intent is to maintain the current level of press to ensure that there is steady growth in the value of our stock and heightened creditability within the public marketplace. We foresee no complications in the overall merger process with the Alternative Fuels Company and are eager to reward the long term support of our shareholders," stated Desmond Milligan, CEO of eCarfly, Inc.
Contact:
eCarfly, Inc.
Desmond Milligan, 214-208-ECFL (3235)
ecflinvestor@yahoo.com
--------------------------------------------------------------------------------
Source: eCarfly, Inc.
http://biz.yahoo.com/bw/070305/20070305005453.html?.v=1
Good Morning Trendfinders!! Good Luck this week!
Notice how last week, they had news releases on severals days at 6:00a.m. Looking forward to 6a.m. monday morning!!!
Scotte, on ECFL...Thats where I first bought in. One thing I can say, is be happy with your profits. I have to remind myself that everyday, and have done so much better since I started doing that. Profit is profit, remember that and you'll do good. That being said, I wish I still had my full position from back then. The run has been incredible. GL with everything!!
Stay the course...lol
Well said lobster. Played ECFL a few times, bought more today. First was in around 008 I believe it was, would be nice to still have that full position. Been a great play, bought back in today, looking forward to monday.
Take care!
ECFL - What a play....All I can say is wow. I love it...
Nice new logo Locusts. Not bad, not bad at all :)
BANY may continue upward today. L2s began to look better and had some nice buying though-out the day yesterday, just a matter of time IMO. GL..
ECFL - They sure do! Couldn't believe how well this one has done. Goooo ECFL