(( After 2 days of NO-posts ~ call 502~574~2111 )) >
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GTEC - Revenues Continue to See Substantial Increase
BOCA RATON, FL -- (MARKET WIRE) -- 05/22/2003 -- Genesis Technology Group, Inc. (OTC BB: GTEC), the first US-based Trust Member of the Shanghai Technology Stock Exchange, announced today its financial results for the three-month and six-month periods ending March 31, 2003.
Revenues from continuing operations for the three months ending March 31, 2003 were $5,881,487, compared to $3,140,343 in revenues for the three months ending March 31, 2002, an increase of 87%. The Company reported net loss from continuing operations of $0.01 per share on the basis of weighted average outstanding shares, compared to a net income of $50,612, for the three months ending March 31, 2002.
For the current six-month reporting period, Genesis achieved $11,158,157 in revenue from continuing operations, compared to $5,403,616 in revenues for the comparable six-month period in 2002, a gain of 106%. Net loss from continuing operations for the six months ending March 31, 2003 was $723,684 or $0.02 per share, compared to a net income of $277,895, or $0.01 per share, reported for six months ending March 31, 2002. The increase in sales mainly results from the increasing demand for computer hardware in China. The net income is negative impacted by expensing options exercised by consultants, management and employees.
Gary Wolfson, CEO at Genesis, commented, "We are pleased with substantial growth in our top line. Management believes its time-tested business model, that requires initial investment and long-term reliance on Genesis, will deliver substantial bottom line to the company. The Company has utilized a successful means of developing Western clients for purposes of technology transfer and investment in China. We abide by an RCD development formula and an RSE fee formula. The former enables the Company to recruit prospective clients (R), close on those that are deemed good candidates for business in China (C), and deliver enforceable, profitable contracts (D). The secondary function, as it rewards Genesis, manifests in client contracts, which require a retainer (R), success fee (S), and often an equity position (E) in any resultant Sino-Western entity."
In addition, Genesis announced today that Gary Wolfson will be interviewed by Mike Norman with MarketshareReporter, a marketing and media informational company. Gary Wolfson will update some company developments and offer insight into the company business model and future direction. While the SARS crisis has brought challenges, it may also bring business opportunities. The Chinese call this "wei drong ji" or "opportunity in the midst of crisis." Mr. Wolfson will introduce how Genesis can help one contract client develop potential treatment of SARS in China.
The interview will be produced by VoiceAmerica, a leader in Internet-based talk radio. Norman is a veteran trader and publisher of the Economic Contrarian Update www.contrarian-update.com.
The program will be available on www.marketsharereporter.com and also available under the Archived Interview Section. The show will be a live broadcast on VoiceAmerica from 12pm-1pm ET, then re-aired again from 5pm-6pm. Listeners can listen and participate on this show via 1-888-335-5204 and may also listen to the live show on www.voiceamerica.com. There will be a link to the show available the next day on www.marketsharereporter.com.
BTLY - BURBANK, CA, May. 22, 2003 (MARKET WIRE via COMTEX) --
Bentley Communications Corp. (OTC BB: BTLY) will continue to have its stock electronically transferred through the Depository Trust and Clearing (DTC) and Canadian Depository for Securities (CDS), to avoid the cost and hassle of moving to 'custody-only'trading to combat naked short selling.
'We were considering joining with about 80 micro-cap companies who want to return to the old fashioned practice of handling transactions through their own transfer agents,'said Gordon Lee, chairman of Bentley. 'In this way they can be certain that short sellers were not flooding the market with shares that don't exist or were not properly borrowed. However, because on an average day about one million shares of Bentley stock are traded, we felt that 'custody-only'trading was too expensive and burdensome to impose on our company and its shareholders.'
'What precipitated our considering 'custody-only'trading,'continued Mr. Lee, 'was the recent selling pressure on Bentley stock, which seemed so odd, considering how our company's fundamentals have improved. For example, this year we have taken great strides to strengthen our focus on e-commerce and alternative financial transactions. We are in the final stages of acquiring Bartercard USA, the U.S. licensee of the world's largest barter network, and First National Information Network, a very successful financial lead generation service.'
'Most important, Bentley has entered into a strategic alliance with two national business organizations that have thousands of sales agents and tens of thousands of member companies. They will be marketing an entire range of Bentley products and services, from e-commerce and credit card processing, to membership in the world's largest business barter network,'concluded Mr. Lee. 'These are the very elements that should dramatically increase shareholder value.'
In Other News:
- Bentley Communications Corporation has redone its websitewww.BentleyCompanies.com. It will soon begin redoingwww.BartercardUSA.com and its website for First NationalInformation Network, www.optimumleads.com.
- Bentley Communications Corporation filed its 10Q today.
Well, Peg .... I'll make a limited reply ...
As a rule, I don't talk politics ...
BUT ....
1st, your opinion is just as important as mine ...
2nd, When the Iraqi-population finds-out who really
.... opposed them being freed from opression, then .... they probably w/have little credability .....France, Russia, Germany, MOST Democrats .....United Nations(making deals while Thousands, .....possibly Millions killed) ...
3rd, About Oil .. ? . (which it's not), even if it .... was, still Millions of Iraqi's w/b thankful ..
.... and (I say) we pump the hell out of Iraqi oil .... and drive the price back down to $0.67cents .... (remember-that ??? ) ...I'm tired of proping up .... those rag-head Millionaires ..
4th, We ALL know Brazil is sooo intelligent ....
5th, It's the year 2000's .. Enuf of the terrorism .... stuff ... Our children shouldn't have to worry .... abo. planes flying into buildings AND
................. DUCK TAPE .... !!
FIXN - (now) - WMNI - Press ReleaseSource: Warning Model Management, Inc.
Warning Model Management Announces Continuation of St. John Knits Campaign for 2003
Thursday May 22, 6:00 am ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--May 22, 2003--Warning Model Management, Inc. (OTCBB:WNMI - News) Men's Division is pleased to announce that for the third straight year our male models will be exclusively featured on the famous St. John Knits Campaign. Shooting has just commenced in Palm Springs, California on the fall 2003 campaign. The models will continue on a twelve day journey that will take them to Inverness, Scotland and Kent, England. Steve Chamberlin, CEO of Warning Model said, "It is with great pride that Warning has continued to be asked to exclusively provide the male models for this shoot. This is a feat that is nearly unheard of within the male modeling industry."
BEST-ONE .... Yet .... Thank you ... !! ...
Why women are switching to the Republican Party - the real story here!
"I voted Republican.
The Democrats left a bad taste in my mouth."
Monica
HARRR ... !! . That starts-out my day, along w/Imus.
I NEVER get tired of @ one .... WHO ... ?
I gotta get some NEW stuff ...
er ... musak, that is .... tee hee ...!!
Kan u hear this one, Derfie ... ?
http://www.shedman.homestead.com/files/blues/fnkngrvn.mid
PPHM - TUSTIN, Calif., May 21, 2003 /PRNewswire-FirstCall via COMTEX/ --
Peregrine Pharmaceuticals (Nasdaq: PPHM) announced today that researchers from the Keck School of Medicine of the University of Southern California (USC) have isolated a protein fragment derived from the cancer immunotherapy drug interleukin 2 (IL-2) that functions to significantly enhance the uptake of chemotherapeutic agents by tumor cells by up to 400%. This technology is part of a class of compounds called Vasopermeation Enhancement Agents (VEA) being developed by Peregrine. Researchers at USC, through a Peregrine-sponsored research collaboration, developed the VEA technology. The VEA technology has been exclusively licensed from USC to Peregrine.
This research was described in the paper 'Permeability Enhancing Peptide (PEP) -- A Protein Fragment of Interleukin-2 Responsible for Vasopermeability' which was published in the May 21, 2003 issue of the Journal of the National Cancer Institute.
According to Alan Epstein, M.D., Ph.D., professor of pathology at the Keck School of Medicine and, along with other researchers at USC, author of the paper, 'When this patented protein fragment is attached to a tumor-targeting antibody, it can prompt tumor cells to soak up almost 400 percent the normal amount of chemotherapy drugs. It does this by making the tumor's blood vessel walls more open or permeable to the drugs.'(Blood vessel walls are made of endothelial cells that are usually tightly joined together; when the junctions between those cells loosen up, it becomes easier for molecules to enter or leave the bloodstream.) 'We've showed that PEP can be used to induce selective and reversible blood vessel permeability at the tumor site to get better drug uptake. This may turn out to be a hugely important tool in cancer therapy.'
'This publication represents an important validation of the VEA technology platform,'stated Steven King, president and CEO of Peregrine. 'We are very excited about the clinical potential of the VEA platform based on the data presented in this publication and unpublished data generated by Peregrine. We are continuing with our pre-clinical development of a fully human VEA clinical candidate which utilizes the PEP technology for evaluation in future human clinical trials.'
About Interleukin-2
Interleukin-2 (lL-2) is a naturally occurring cytokine, which is produced by helper T lymphocytes. Cytokines are proteins in the body that stimulate and regulate the immune system. Interleukin-2 is an important cytokine and occupies a central role in the augmentation of cell-mediated immune response. In addition to its cytokine activity, IL-2 has been shown to contain a domain, which produces vascular permeability when administered systemically (capillary leak syndrome). When IL-2 is used in a clinically effective dose for the treatment of cancer, it causes massive leaking of blood outside of the vascular network. This toxic side effect has limited the clinical effectiveness of IL-2 for the treatment of cancer.
About Permeability Enhancing Peptide
The goal of USC/Peregrine's research on IL-2 was to develop a drug compound that had the ability to induce vasopermeation at, and only at, the tumor site. To achieve this, scientists at USC/Peregrine mapped out the structure of IL-2 and identified the region that is responsible for causing capillary leak syndrome. This region was then synthesized and tested for suitability as a vasopermeability agent. Preclinical studies showed this region has 100% of the vasopermeability activity of intact IL-2 but lacked its cytokine activity. This proprietary new compound is called Permeability Enhancing Peptide (PEP) and has been patented by USC and exclusively licensed to Peregrine. By attaching PEP to a monoclonal antibody that targets tumors, vasopermeability can be localized only at the tumor site.
About Vasopermeation Enhancement Agents
Barriers to Existing Cancer Therapies
Most traditional approaches to cancer therapy attempt to destroy individual cancer cells. Drugs that target cancer cells must overcome a significant number of structural barriers within the tumor in order to be effective. They must first exit the tumor blood vessels, migrate past the support structures that underlie the vessels and eventually make their way to the cancer cells. As result of these structural barriers, very little drug injected into the blood stream of a patient is able to reach and destroy cancer cells. One potential solution to this problem is to increase the permeability of the blood vessels within the tumor, which will permit more therapeutic drug to reach and kill substantially more cancer cells.
Mechanism of Action
Vasopermeation Enhancement Agents are a new class of drugs, which are designed to increase the uptake of cancer therapeutics and imaging agents at the tumor site, potentially resulting in greater efficacy. VEAs work by using monoclonal antibodies, or other biologically active targeting agents, to deliver known vasoactive compounds (i.e. molecules that cause tissues to become more permeable) selectively to solid tumors. Once localized at the tumor site, VEAs alter the physiology and the permeability of the vessels and capillaries that supply the tumor. In pre-clinical studies, drug uptake has been increased up to 400% in solid tumors when VEAs were administered several hours prior to the therapeutic treatment. VEAs are intended to be used as a pre-treatment for most existing cancer therapies and imaging agents. VEAs may be effective across multiple tumor types.
10 - 04 .... my man ... !!
Ahhhh, ... Tooo much .... !!
Good stuff, wannabe .... !!
Nope, me too ED .... !!
Rick .... When I have a large-volume order, I usually place NO-restrictions in til about 1pm, then change it AON later, so as NOT to get stuck w/a partial fill ...Jes info ....
When is the contest, '' I can name that tune '' in 5 notes, no ... make that 4 .. ??
I'll take that as a ' yes ' ....
Chekkin to see if my gif. works ...
MEMI - Press ReleaseSource: Miracle Film Distribution
REPEAT/Miracle Film Distribution Makes Exclusive, Revolutionary Partnership with Global Media Management and ASIDA for a $500 Million Print & Ad Fund for Indie Filmmakers
Monday May 19, 11:12 am ET
New Deal Will Have Far Reaching Impact On Indie Filmmakers And Their Creations
HOLLYWOOD, Calif.--(BUSINESS WIRE)--May 15, 2003-- In a stunning move, Miracle Film Distribution (Pink Sheets:MEMI - News), in exclusive partnership with Global Media Management and ASIDA has created a breakthrough strategy to finance print and advertising cycles for new theatrical releases, it was revealed today (15) by John Daly, CEO, Miracle, and the maker of such award winning movies as Platoon, The Last Emperor and Hoosiers. "This is nothing less than a revolution for the 'independents' and the way they do their business," said Mr. Daly.
The new deal between the parties provides for a whopping P&A Fund of $500M.
Utilizing pre-paid advertising credits provided by the Global Media Capital Fund, and the marketing skills of Initiative Media, the world's largest media management and buying agency, the new Miracle/Film Star/Global Distribution Fund will provide $100M in print and advertising support for new theatrical releases in the first year, with additional funding of $400M becoming available in the second year of operation. Eight to ten new movies releases are expected to be financed over the initial 12 months.
An additional component of the program is a designated fund to finance film prints in advance of distribution. The Miracle/FilmStar/Global Distribution Fund will acquire worldwide distribution rights on the films selected for support. The guarantee of print funds means a film can be shown in as many theaters as the Fund determines is appropriate. "We are witnessing a change here in the distribution and availability of independent movies worth seeing," Mr. Daly asserted. "We are excited about the dynamic relationship developed among the partners, and look forward to providing the movie going public with very high quality independent films."
Such a pioneering new approach also is likely to be leveling the playing field points out ASIDA President Kent Moors. "The truly amazing dimension of this is its ability to fund any movie - from the blockbuster summer releases to the smaller independent films that find competition for funding from traditional sources an almost insurmountable obstacle." Jon Gentile, who heads FilmStar, now plans to put together a substantial production fund for Miracle.
A renowned Hollywood producer, Mr. Daly's films have been nominated for 21 Oscars, and have won 13, including unprecedented back-to-back Best Picture Oscars. His latest film, The Petersburg-Cannes Express will be showcased at this year's Cannes Film Festival.
Contact:
Miracle Entertainment, Inc., Los Angeles John Daly, 323/904-5200 Media: The Barrett Company Comms.
Charlie Barrett, 310/471-5764 or
FilmStar Releasing Corp. Jon Gentile, 323/904-5250 or
ASIDA
Kent Moors, 724/612-0697
Source: Miracle Film Distribution
NSCT - Press ReleaseSource: National Scientific Corporation
National Scientific Corporation to Develop Wi-Fi Tags With Ekahau, Inc.
Monday May 19, 9:40 am ET
SCOTTSDALE, Ariz., May 19 /PRNewswire-FirstCall/ -- National Scientific Corporation (OTC Bulletin Board: NSCT - News) today announced plans with Ekahau, Inc. to develop a new type of Wi-Fi hardware platform capable of providing tracking or positioning information on any standard Wi-Fi network by using Ekahau's award winning Wi-Fi software location platform, Ekahau Positioning Engine(TM). The new hardware design is intended to extend the indoor positioning capabilities of NSC's line of Location Tools(TM) products at a much lower cost than previously considered possible, due to the widespread and growing presence of standard Wi-Fi infrastructure.
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The new device is an offshoot of research from NSC's DarkStar(TM) wireless platform products, and is expected to be offered in both a standalone, tracking-only "tag or badge" format, and as an optional subassembly to the NSC's current line of embedded DarkStar(TM) systems. By using Ekahau's patent pending positioning software combined with NSC's high efficiency Wi-Fi hardware devices, users can accurately pinpoint in real time the location of mobile client devices or assets in a standard Wi-Fi 802.11x network to usually within a few feet.
In its tag form, the unit is expected to emphasize small size and low unit cost, with a focus on indoor use, although in school or campus-style environments with extensive Wi-Fi coverage, these tags will provide outdoor positioning information as well. In NSC's current DarkStar(TM) embedded systems, which already contain outdoor GPS as standard equipment, the new Wi-Fi module add-on is expected to complement accurate outdoor GPS readings with seamless indoor tracking capability within Wi-Fi enabled environments, creating one of the first commercially viable indoor/outdoor end-to-end tracking solutions.
NSC CEO Michael Grollman said, "We believe our new Wi-Fi badge can dramatically change the asset tracking market. By using the existing standard Wi-Fi data network for tracking purposes, we can create wireless tracking applications without a proprietary reader infrastructure, which is typically expensive and has previously been required for accurate indoor positioning. This can create fast ROI in several vertical industry segments through improved work flow and asset management."
The two companies will jointly develop and market the final product directly to developers and through solution partners. Wide availability is targeted for later this year, with limited developer sampling this summer. NSC is actively soliciting interested solution developers worldwide at wifisolutions@nscus.com .
Ekahau, Inc. is the industry leader in location-enabling Wi-Fi networks. Ekahau has offices in Saratoga, CA and in Helsinki, Finland. For more information about Ekahau, please visit their web site at www.ekahau.com .
NSC designs and builds versatile wireless platforms for location-sensitive applications. For more information about NSC, its people, and its technology please visit the Company's web site at www.national-scientific.com .
That's a dandy suggestion ... !! Brokerages s/NEVER have started this practice in th-1st place ...!!
His suggestion? Force the brokerages to buy the missing shares - a solution that could inflate the stock prices of many penny stocks, including Jag Media.
Now that sounds like a dream.
I can't wait for Bull's reply to THAT one .. !!
The advise of wheels(revolver) over auto is a valid one for us novis carriers ....
When making a split-decision 'instantly', and the HAIR standing-UP on the back of your neck, revolvers take out most of guess-work ... !!
...................... I've been there ....
Alicia ..... Nitelife ....
http://tinyurl.com/bejj
Hi Bill, tnx. for chimin-in ... !!
Again the winner, Funny-Cide ... !!
What a Run ... !! For Funny-Cide ... !!
Post Time, 6-mins ... !!
Preakness Music .... !!
http://www.shedman.homestead.com/files/blues/fnkngrvn.mid
Kissin Saint, picked to be IN-DA-MONEY by one of the reporters .....
Verrry-GOOD, BULL .... (NUTTIN-SWINGIN) ... !!
Bet it's rained EVERY day here
in Louisville 10 days straight ...
Waiting for a clearing, so I can use my rusty ol' VERY dependable Van ....
......... EVERTHIN'S GREEN THO .... !!
Funny-Cide better be 'fast' toda .. Muudddy .. !!