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Nice!!!
FEMO, looks good
Life is super!!
Adding GNBT at 2.57
You better hold on to your wallet, they learned from the best..
LOL, sticking him at the kids table
Ha Ha!!
Yes of course, Im raising prices as we speak LOL
Good day MOOOVERS!! Great plays, Easter Dinner is calling me(Im cooking, as usual)
LOL
MLXO, fighting its way back
MOOOOOO!!!
IPRE -Fill up them Easter baskets come monday
Looking good....
Soon you will be suffering chasing him around the Yard :]
PAPO .03x.031
Bill-CLYP on the Bid on IPRE??
That would be fine by me!!
LOL
Its slowly turning into a monster!!!
IPRE moooving
Those alarm clocks do work....LOL
IMO-
MLXO, digest the news, moves
IPRE, Bottom!!!
Is the siren song of NNSR calling again?? Nice scans Pie
MLXO NEWS
MASSENA, N.Y., Apr 12, 2006 (PRIMEZONE via COMTEX) -- Michelex Corp. (Pink Sheets:MLXO) has reached and signed a settlement agreement with Wells Fargo to end any/all litigation.
Michelex has agreed to pay Wells Fargo $1,025,000.00 by April 20, 2006. Michelex also agreed to pay $1,400,000.00 by August 31, 2006 in full settlement of all debt to Wells Fargo. In turn, Wells Fargo has agreed to forgive $633,684.18 of debt for any claims Michelex has against Wells Fargo. Thomas Gramuglia feels that this settlement was necessary in order for the company to return to "pre-2004" levels and regain its market share.
Michelex is also pleased to announce to further reduce its' debt, it has signed an agreement to sell its building in Salt Lake City, Utah. In the agreement, Michelex will continue to rent space so its manufacturing facility will continue to operate. The first years' rent was included in the sale price. Once the sale is finalized which is expected on April 21, 2006, the company's debt will be reduced by $2,500,000.00.
These developments are very positive for the company and will allow the company to implement its plan to move forward and regain profitability.
ABOUT MICHELEX
Michelex Plastics, founded in 1972, is a manufacturer/importer and distributor of C-Zero's, Cshells, Norelco Boxes, Jewel Boxes, DVD Boxes and other related specialty plastic products. The company has manufacturing facilities and distribution points in New York and Salt Lake City. The company employs people who are committed to the customers and to the operations of the business. Michelex offers a full range of products through its divisions to make it a one-stop shop for its customers.
Michele Audio - Audio duplication services and an exclusive rights holder of a large catalog of music and spoken word recordings.
Michelex Media Products - Producer, supplier and distributor of paper multimedia packaging products, also offering complete fulfillment services to its customers.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the Private Securities Litigation reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Michelex Corporation
GSHF run to the close
HEHEHE
Thinking the same thing LOL
Morning Pie, that thing about the other "Thing" is at .038!!! LOL
Night All-Jeter 3 run blast at the close LOL
IPRE bounce play
Needs a little MOOOOMOO
Good call Pie
In a little IPRE @ .003
MOOOO PIE
Give him my best Jae,
Kids are tough(As you know), he will back to the board in no time!!
OINK!!! House of horrors with GNBT:{
In GNBT 2.82(Again)!!
GNBT hoping on news, Morning All!!!
AGIS chart