rager, some movement on HYVR ...

PPHM P/R >>

Press ReleaseSource: Peregrine Pharmaceuticals
Peregrine Pharmaceuticals Announces Grant Of Patent For New Anti-Angiogenic Treatments
Tuesday February 25, 9:29 am ET
TUSTIN, Calif., Feb. 25 /PRNewswire-FirstCall/ -- Peregrine Pharmaceuticals (Nasdaq: PPHM - News) today announced the issuance of U.S. Patent No. 6,524,583 covering new antibody-based methods for treating a variety of diseases. The patent, entitled Antibody Methods for Selectively Inhibiting VEGF, covers methods for treating a variety of diseases, including cancer, arthritis and eye diseases, based on the use of a group of antibodies that bind to and selectively neutralize the actions of VEGF (vascular endothelial growth factor). Researchers at the University of Texas Southwestern Medical Center at Dallas, through a Peregrine sponsored research collaboration, have developed monoclonal antibodies that selectively inhibit VEGF activity to be used as potential therapeutic agents. These antibodies have been exclusively licensed to Peregrine from the University of Texas System.
VEGF is a powerful growth factor with a number of biological effects, including promoting the growth of blood vessels, a process known as angiogenesis. Unregulated or inappropriate angiogenesis contributes to the development and maintenance of various diseases, including malignant tumor formation and metastasis. Other angiogenic diseases in which VEGF plays an important part include arthritis, eye diseases, including those associated with aging, and skin disorders such as psoriasis.
Peregrine has developed a panel of antibodies that block the interaction of VEGF with one of its key receptors. Researchers at UT Southwestern, through a Peregrine sponsored research collaboration, have developed monoclonal antibodies that block VEGF from binding to VEGF receptor 2 (KDR/Flk-1) but not VEGF receptor 1 (FLT-1/flt-1). This specific blocking property enhances the therapeutic effect against the disease, without significantly impairing the beneficial effects of VEGF at other sites in the body, thus maintaining normal immune responses, macrophage functions and natural anti-angiogenic mechanisms.
U.S. Patent No. 6,524,583 extends Peregrine's patent protection to cover the treatment of a range of diseases. The new patent provides methods for treating cancer, arthritis, eye diseases, skin disorders and other conditions in which VEGF is involved, using antibodies that block VEGF binding to only one of two primary VEGF receptors.
"This new patent significantly expands Peregrine's intellectual property coverage for our anti-VEGF program for the treatment of diseases other than cancer," said Edward J. Legere, Peregrine's president and CEO. "The development of single agents that can treat cancer as well as other disease types significantly enhances the revenue potential for such agents. We believe that this will provide further opportunities for strategic partnering and business development for our anti-angiogenesis programs. We are currently developing fully human anti-VEGF monoclonal antibodies to be evaluated for human studies."

G/M Dallas, Subrs, .. VLVT P/R >>

Press ReleaseSource: Veltex Corporation
Veltex Corporation Purchased 40 Trailers
Tuesday February 25, 9:05 am ET
DIAMOND BAR, Calif.--(BUSINESS WIRE)--Feb. 25, 2003--Veltex Corporation (OTC: VLVT - News) has just purchased 40 trailers for its 40 truck fleet, which will add $192,000/mo. to generate an additional $2,304,000/year. The trailers have been financed through City Capital. All 40 trucks and trailers are owned and by Veltex Corporation.
Javeed Matin, CEO of Veltex Corporation said, "The 53 foot trailers will have a bigger impact on Veltex Corp.'s books. By having 40 trailers attached to our 40 trucks, the total yearly revenue will equate to $11,904,000."
"We are extremely happy to see our trailers wind up in good hands at Veltex Corp.; our company strives for perfection and we stand behind every trailer we sell," said James Verse, Sales manager of Southeast Trailers Georgia.
Veltex Corporation's current audit is expected to be completed by March 31, 2003. Audited financials will include the assessment of full year 2001 and 2002 financial records.
Veltex Corporation is a diversified holding company composed of four divisions: Trucking; Distribution, specializing in caps, apparel and apparel accessories for the Promotional Products Industry; Manufacturing, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, sheeting for consumer and industrial products; and Marketing specializing in online marketing and promotions for the vacation ownership industry.

VLVT P/R >>

Press ReleaseSource: Veltex Corporation
Veltex Corporation Purchased 40 Trailers
Tuesday February 25, 9:05 am ET
DIAMOND BAR, Calif.--(BUSINESS WIRE)--Feb. 25, 2003--Veltex Corporation (OTC: VLVT - News) has just purchased 40 trailers for its 40 truck fleet, which will add $192,000/mo. to generate an additional $2,304,000/year. The trailers have been financed through City Capital. All 40 trucks and trailers are owned and by Veltex Corporation.
Javeed Matin, CEO of Veltex Corporation said, "The 53 foot trailers will have a bigger impact on Veltex Corp.'s books. By having 40 trailers attached to our 40 trucks, the total yearly revenue will equate to $11,904,000."
"We are extremely happy to see our trailers wind up in good hands at Veltex Corp.; our company strives for perfection and we stand behind every trailer we sell," said James Verse, Sales manager of Southeast Trailers Georgia.
Veltex Corporation's current audit is expected to be completed by March 31, 2003. Audited financials will include the assessment of full year 2001 and 2002 financial records.
Veltex Corporation is a diversified holding company composed of four divisions: Trucking; Distribution, specializing in caps, apparel and apparel accessories for the Promotional Products Industry; Manufacturing, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, sheeting for consumer and industrial products; and Marketing specializing in online marketing and promotions for the vacation ownership industry.

Press ReleaseSource: Veltex Corporation
Veltex Corporation Purchased 40 Trailers
Tuesday February 25, 9:05 am ET
DIAMOND BAR, Calif.--(BUSINESS WIRE)--Feb. 25, 2003--Veltex Corporation (OTC: VLVT - News) has just purchased 40 trailers for its 40 truck fleet, which will add $192,000/mo. to generate an additional $2,304,000/year. The trailers have been financed through City Capital. All 40 trucks and trailers are owned and by Veltex Corporation.
Javeed Matin, CEO of Veltex Corporation said, "The 53 foot trailers will have a bigger impact on Veltex Corp.'s books. By having 40 trailers attached to our 40 trucks, the total yearly revenue will equate to $11,904,000."
"We are extremely happy to see our trailers wind up in good hands at Veltex Corp.; our company strives for perfection and we stand behind every trailer we sell," said James Verse, Sales manager of Southeast Trailers Georgia.
Veltex Corporation's current audit is expected to be completed by March 31, 2003. Audited financials will include the assessment of full year 2001 and 2002 financial records.
Veltex Corporation is a diversified holding company composed of four divisions: Trucking; Distribution, specializing in caps, apparel and apparel accessories for the Promotional Products Industry; Manufacturing, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, sheeting for consumer and industrial products; and Marketing specializing in online marketing and promotions for the vacation ownership industry.

GSPI News ... !!

Largest Biodiesel Plant in the U.S. Now Being Assembled in Bakersfield, California
Monday February 24, 9:31 am ET
BAKERSFIELD, Calif.--(BUSINESS WIRE)--Feb. 24, 2003--Green Star Products, Inc. (OTC:GSPI - News) announced today that the largest biodiesel plant in the US is now being assembled in Bakersfield, California.
ADVERTISEMENT
The production capacity of this plant is expected to be 35 million gallons per year at full production. This is significant when considering that the entire U.S. production of biodiesel in 2002 was only 15 million gallons.
GSPI has a 35% ownership position in American Bio-Fuels, LLC (ABF), the company that is building the plant through a joint venture.
The "Bakersfield Californian" newspaper published an article on Sunday, February 23rd, "Bakers pumped about biodiesel," that covered the role of biodiesel in aiding farm economies, reducing oil dependence and improving Bakersfield's air quality, which is among the worst in the U.S.
The newspaper article questioned several experts in the biodiesel field including Mr. Joseph LaStella, President of GSPI. The newspaper quoted Mr. LaStella as follows:
"A new diesel fuel may be available at Bakersfield gas pumps by the end of the year that could make the valley's smoggy skies clearer, help farmers meet strict new pollution rules, and even make dirty diesel trucks and buses smell yummy."
The article provides further background on biodiesel including the following quotes:
"Biodiesel can be made from a variety of domestically produced vegetable products, from restaurant waste grease to the most common source, soybeans. This gives biodiesel exhaust its trademark aroma, which resembles french fries or doughnuts. It also indicates another benefit: Soybeans cleanse soil and absorb carbon dioxide from the air as they grow. Since carbon dioxide is a leading greenhouse gas, proponents say burning biodiesel can actually reduce global warming," writes Matt Weiser of the "Bakersfield Californian."
"It cleans our air. It cleans our soil. If you spill biodiesel, it's as biodegradable as sugar," said LaStella, President of Green Star. "We put our farmers to work and not the Arabs pumping oil for us. We should be getting off that damn foreign oil as soon as we can and we can do it right here."
"The San Joaquin Valley represents a major market for biodiesel," LaStella said, "because of the area's bad air quality and large diesel-dependent farming industry."
The article further states:
"The diesel burned today by farm equipment is unregulated and contributes to a significant portion of the valley's air pollution. The state faces a federal order to eliminate the regulatory exemption for agriculture by Nov. 23. That could require farmers to replace current engines at a cost of thousands of dollars each. Instead, farmers might achieve similar air quality improvements simply by burning biodiesel, which requires no engine modifications," writes Weiser.
"If it's available and its price competitive -- even if it's slightly higher -- growers will switch over," said Loron Hodge, executive director of the Kern County Farm Bureau. "They've looked for alternative fuels for a long time. If we can get them to start using biodiesel, that would eliminate a big part of the air pollution. I'm encouraged by it."
The article also states:
"Biodiesel has proven itself in a variety of test programs around the country. For example, the city of San Jose now runs its entire fleet of garbage trucks on 100 percent biodiesel, and the Deer Valley Unified School District in Arizona has logged 4 million miles on biodiesel-powered buses," writes Weiser.
Mr. LaStella stated that: "The initial plant was to be much smaller (see GSPI press release dated Nov. 19, 2002) but many factors including market conditions and economies of scale dictated that a much larger plant was more financially prudent and desirable. The existing site facilities include three railroad spurs capable of holding 130 railroad cars and 36 acres of property with many other support facilities. Sixty percent of the equipment for the Bakersfield site is either on-site or in route."
Mr. LaStella also stated that: "The plant will also be the only continuous flow production facility in the U.S. Other plants usually incorporate older style inefficient batch processes."
The Bakersfield plant incorporates ABF's proprietary modular reactor/separator, which was tested and operated at the ABF's Adelanto facility (in Southern California) in early 2002. The reactor/separator modules can be quickly installed in increments of 2.5 million gallons per year in response to expanding market demands.
The rest of the biodiesel plant does not lend itself to modularization. The rules of economies of scale indicate that a much lower cost can be achieved if this part of the plant is built to maximum planned capacity. ABF, with the assistance of outside consultant engineers, has designed this section of the plant to be integrated into the continuous flow process.
The ABF continuous flow process design also reduces plant footprint; lowers maintenance and operations costs; minimizes capital construction costs; and shortens time to complete construction. All of these factors significantly lower the overall cost for producing ASTM grade biodiesel. The Bakersfield plant will be capable of producing biodiesel in the Second Quarter of 2003.
Biodiesel is a cleaner burning alternative diesel fuel made from renewable and recyclable resources. It is non-toxic, biodegradable and essentially free of sulfur and carcinogenic benzene.
Other advantages of using biodiesel include:
1. Puts American farmers to work
2. Creates new production jobs and a new industry
3. Provides insurance against oil embargoes
4. Reduces life cycle CO2 by 78 percent (Greenhouse Gas)
5. Reduces dependency on foreign oil
6. It's a renewable energy source
7. Reduces hydrocarbon and carbon monoxide emissions
8. Reduces particulate emissions and smoke
9. Has higher cetane
10. Has no sulfur
11. Quality is assured by ASTM standards
The entire "Bakersfield Californian" newspaper article by Matt Weiser can be read at http://www.bakersfield.com/.
Green Star Products, Inc. is organized as a holding company with major ownership positions in a set of subsidiary companies now commercializing advanced automotive and energy technology products. For more information, see GSPI's Web site at http://www.baat.com or call Investor Relations, 619/409-8977, 619/409-9598 fax, or email info@baat.com. Information about trading prices and volume can be obtained at several Internet sites including http://www.bloomberg.com under the ticker symbol "GSPI."

GSPI News ... !!

Largest Biodiesel Plant in the U.S. Now Being Assembled in Bakersfield, California
Monday February 24, 9:31 am ET
BAKERSFIELD, Calif.--(BUSINESS WIRE)--Feb. 24, 2003--Green Star Products, Inc. (OTC:GSPI - News) announced today that the largest biodiesel plant in the US is now being assembled in Bakersfield, California.
ADVERTISEMENT
The production capacity of this plant is expected to be 35 million gallons per year at full production. This is significant when considering that the entire U.S. production of biodiesel in 2002 was only 15 million gallons.
GSPI has a 35% ownership position in American Bio-Fuels, LLC (ABF), the company that is building the plant through a joint venture.
The "Bakersfield Californian" newspaper published an article on Sunday, February 23rd, "Bakers pumped about biodiesel," that covered the role of biodiesel in aiding farm economies, reducing oil dependence and improving Bakersfield's air quality, which is among the worst in the U.S.
The newspaper article questioned several experts in the biodiesel field including Mr. Joseph LaStella, President of GSPI. The newspaper quoted Mr. LaStella as follows:
"A new diesel fuel may be available at Bakersfield gas pumps by the end of the year that could make the valley's smoggy skies clearer, help farmers meet strict new pollution rules, and even make dirty diesel trucks and buses smell yummy."
The article provides further background on biodiesel including the following quotes:
"Biodiesel can be made from a variety of domestically produced vegetable products, from restaurant waste grease to the most common source, soybeans. This gives biodiesel exhaust its trademark aroma, which resembles french fries or doughnuts. It also indicates another benefit: Soybeans cleanse soil and absorb carbon dioxide from the air as they grow. Since carbon dioxide is a leading greenhouse gas, proponents say burning biodiesel can actually reduce global warming," writes Matt Weiser of the "Bakersfield Californian."
"It cleans our air. It cleans our soil. If you spill biodiesel, it's as biodegradable as sugar," said LaStella, President of Green Star. "We put our farmers to work and not the Arabs pumping oil for us. We should be getting off that damn foreign oil as soon as we can and we can do it right here."
"The San Joaquin Valley represents a major market for biodiesel," LaStella said, "because of the area's bad air quality and large diesel-dependent farming industry."
The article further states:
"The diesel burned today by farm equipment is unregulated and contributes to a significant portion of the valley's air pollution. The state faces a federal order to eliminate the regulatory exemption for agriculture by Nov. 23. That could require farmers to replace current engines at a cost of thousands of dollars each. Instead, farmers might achieve similar air quality improvements simply by burning biodiesel, which requires no engine modifications," writes Weiser.
"If it's available and its price competitive -- even if it's slightly higher -- growers will switch over," said Loron Hodge, executive director of the Kern County Farm Bureau. "They've looked for alternative fuels for a long time. If we can get them to start using biodiesel, that would eliminate a big part of the air pollution. I'm encouraged by it."
The article also states:
"Biodiesel has proven itself in a variety of test programs around the country. For example, the city of San Jose now runs its entire fleet of garbage trucks on 100 percent biodiesel, and the Deer Valley Unified School District in Arizona has logged 4 million miles on biodiesel-powered buses," writes Weiser.
Mr. LaStella stated that: "The initial plant was to be much smaller (see GSPI press release dated Nov. 19, 2002) but many factors including market conditions and economies of scale dictated that a much larger plant was more financially prudent and desirable. The existing site facilities include three railroad spurs capable of holding 130 railroad cars and 36 acres of property with many other support facilities. Sixty percent of the equipment for the Bakersfield site is either on-site or in route."
Mr. LaStella also stated that: "The plant will also be the only continuous flow production facility in the U.S. Other plants usually incorporate older style inefficient batch processes."
The Bakersfield plant incorporates ABF's proprietary modular reactor/separator, which was tested and operated at the ABF's Adelanto facility (in Southern California) in early 2002. The reactor/separator modules can be quickly installed in increments of 2.5 million gallons per year in response to expanding market demands.
The rest of the biodiesel plant does not lend itself to modularization. The rules of economies of scale indicate that a much lower cost can be achieved if this part of the plant is built to maximum planned capacity. ABF, with the assistance of outside consultant engineers, has designed this section of the plant to be integrated into the continuous flow process.
The ABF continuous flow process design also reduces plant footprint; lowers maintenance and operations costs; minimizes capital construction costs; and shortens time to complete construction. All of these factors significantly lower the overall cost for producing ASTM grade biodiesel. The Bakersfield plant will be capable of producing biodiesel in the Second Quarter of 2003.
Biodiesel is a cleaner burning alternative diesel fuel made from renewable and recyclable resources. It is non-toxic, biodegradable and essentially free of sulfur and carcinogenic benzene.
Other advantages of using biodiesel include:
1. Puts American farmers to work
2. Creates new production jobs and a new industry
3. Provides insurance against oil embargoes
4. Reduces life cycle CO2 by 78 percent (Greenhouse Gas)
5. Reduces dependency on foreign oil
6. It's a renewable energy source
7. Reduces hydrocarbon and carbon monoxide emissions
8. Reduces particulate emissions and smoke
9. Has higher cetane
10. Has no sulfur
11. Quality is assured by ASTM standards
The entire "Bakersfield Californian" newspaper article by Matt Weiser can be read at http://www.bakersfield.com/.
Green Star Products, Inc. is organized as a holding company with major ownership positions in a set of subsidiary companies now commercializing advanced automotive and energy technology products. For more information, see GSPI's Web site at http://www.baat.com or call Investor Relations, 619/409-8977, 619/409-9598 fax, or email info@baat.com. Information about trading prices and volume can be obtained at several Internet sites including http://www.bloomberg.com under the ticker symbol "GSPI."

Appr. it cintrix, how ya be .. ?

There is news on TALL, rager, but I can't c&p it for some reason ...

G/M Dallas ... UP (or) DN today ... ?

Don't you take that lil' munchkin away ... He works hard ...!!

PRVH P/R ... !!

Press ReleaseSource: Providential Holdings, Inc.
Providential Subsidiary ATC Technology Corp. Receives Orders from Sam's Club
Monday February 24, 7:04 am ET
ATC anticipates imminent orders from other major US and European retailers to post strong sales for fiscal 2003
FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Feb. 24, 2003-- Providential Holdings, Inc. (OTCBB:PRVH - News; www.phiglobal.com) today announced that ATC Technology Corp (www.atctech.com) had recently received purchase orders for 1,000 units of its award-winning Vidego(TM), a mobile wireless DVD player car theater system, from Trade Services Solution, S.A. de C.V., for distribution to Wal-Mart Stores' (NYSE:WMT - News) Sam's Club, Mexico (www.walmartmexico.com.mx).
Keith Wong, President and CEO of ATC Technology Corp., commented: "We are pleased to have received these orders from Trade Services Solution for Sam's Club in Mexico. This will be our entry into an important market outside of the US and it has proven that ATC's products are indeed desirable worldwide. At the MSRP (manufacturer suggested retail price) of $599.99, our portable units provide crystal-clear pictures and are hundreds of dollars less than the dealer-installed systems."
Wong added: "It's noteworthy that the response to ATC's products was overwhelming from the Hong Kong Toy Fair and Las Vegas CES Show last month. Buyers from the United States, United Kingdom, Netherlands, Italy, France, Germany, China and Poland were drawn to ATC's products. The foreign buyers represented the famous companies in their countries, such as Karstadt (Germany), Boots (UK), Jumbo (Greece), TEG (Spain), Toys R US (Australia) and FUN (Belgium). We have begun to see some concrete results from these responses and expect to receive more sizable orders in the near future."

Ya beat me, rager ... g/m ...!

Big Happy B-Day, Bull ... !!

WTAI Responds .. !!

World Transport Authority Responds
World Transport Authority, Inc.
140 West Park Avenue, Suite 219
El Cajon, CA 92020
www.wtaiworldstar.com
El Cajon, California, February 24, 2003 - World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) learned that a lawsuit was filed against Douglas Norman by the Securities and Exchange Commission. Legal counsel is investigating these allegations and is taking appropriate action to protect the rights of both Mr. Norman and the Company's forward momentum in the interest of the shareholders.
Mr. Norman is a founder of WTAI, which developed the WorldStar utility vehicle and Micro-Manufacturing process. Mr. Norman played a vital role in the research and development conducted by the Company and continues to work diligently as the Company progresses. While not an employee of the Company, he continues to provide international sales services for WTAI. The Company has not yet verified the facts of the lawsuit but is now researching the matter.
"The people associated with WTAI and the WorldStar project are firmly committed to its long term success and have expressed their continued support in light of recent events," commented Mr. Wardrop, President of WTAI.
"The Company has overcome obstacles in the past and is now completing discussions and contractual provisions to expand operations in the Philippines. We will continue to complete other transactions currently in the planning stages now. The success of any business is not based on blind luck or being in the right place at the right time, but rather on perserverance and keeping focus until the goal is reached.
"World Transport Authority, Inc. continues normal business operations and is encouraged about the forward motion in a number of areas," continued Mr. Wardrop. A recent WTAI press release announced that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology.
It is the mission of WTAI to provide motorized multi-purpose utility vehicles that are durable, reliable and low cost for the benefit of developing countries using our unique WorldStar Micro-Manufacturing process. We are also committed to providing this benefit utilizing the most energy efficient and environmentally clean propulsion technology that is scientifically possible.
This Press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the WTA web site at: www.wtaiworldstar.com and other sources for more detailed information.
For further information, please contact:
World Transport Authority, Inc.
Lyle Wardrop Email: lyle@wtaiworldstar.com
(619) 593-2440
(619) 593-2444 Fax

WTAI Responds .. !!

World Transport Authority Responds
World Transport Authority, Inc.
140 West Park Avenue, Suite 219
El Cajon, CA 92020
www.wtaiworldstar.com
El Cajon, California, February 24, 2003 - World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) learned that a lawsuit was filed against Douglas Norman by the Securities and Exchange Commission. Legal counsel is investigating these allegations and is taking appropriate action to protect the rights of both Mr. Norman and the Company's forward momentum in the interest of the shareholders.
Mr. Norman is a founder of WTAI, which developed the WorldStar utility vehicle and Micro-Manufacturing process. Mr. Norman played a vital role in the research and development conducted by the Company and continues to work diligently as the Company progresses. While not an employee of the Company, he continues to provide international sales services for WTAI. The Company has not yet verified the facts of the lawsuit but is now researching the matter.
"The people associated with WTAI and the WorldStar project are firmly committed to its long term success and have expressed their continued support in light of recent events," commented Mr. Wardrop, President of WTAI.
"The Company has overcome obstacles in the past and is now completing discussions and contractual provisions to expand operations in the Philippines. We will continue to complete other transactions currently in the planning stages now. The success of any business is not based on blind luck or being in the right place at the right time, but rather on perserverance and keeping focus until the goal is reached.
"World Transport Authority, Inc. continues normal business operations and is encouraged about the forward motion in a number of areas," continued Mr. Wardrop. A recent WTAI press release announced that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology.
It is the mission of WTAI to provide motorized multi-purpose utility vehicles that are durable, reliable and low cost for the benefit of developing countries using our unique WorldStar Micro-Manufacturing process. We are also committed to providing this benefit utilizing the most energy efficient and environmentally clean propulsion technology that is scientifically possible.
This Press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the WTA web site at: www.wtaiworldstar.com and other sources for more detailed information.
For further information, please contact:
World Transport Authority, Inc.
Lyle Wardrop Email: lyle@wtaiworldstar.com
(619) 593-2440
(619) 593-2444 Fax

World Transport Authority Responds
World Transport Authority, Inc.
140 West Park Avenue, Suite 219
El Cajon, CA 92020
www.wtaiworldstar.com
El Cajon, California, February 24, 2003 - World Transport Authority, Inc. (WTAI) (OTC BB: WTAI; Frankfurt: 920943) learned that a lawsuit was filed against Douglas Norman by the Securities and Exchange Commission. Legal counsel is investigating these allegations and is taking appropriate action to protect the rights of both Mr. Norman and the Company's forward momentum in the interest of the shareholders.
Mr. Norman is a founder of WTAI, which developed the WorldStar utility vehicle and Micro-Manufacturing process. Mr. Norman played a vital role in the research and development conducted by the Company and continues to work diligently as the Company progresses. While not an employee of the Company, he continues to provide international sales services for WTAI. The Company has not yet verified the facts of the lawsuit but is now researching the matter.
"The people associated with WTAI and the WorldStar project are firmly committed to its long term success and have expressed their continued support in light of recent events," commented Mr. Wardrop, President of WTAI.
"The Company has overcome obstacles in the past and is now completing discussions and contractual provisions to expand operations in the Philippines. We will continue to complete other transactions currently in the planning stages now. The success of any business is not based on blind luck or being in the right place at the right time, but rather on perserverance and keeping focus until the goal is reached.
"World Transport Authority, Inc. continues normal business operations and is encouraged about the forward motion in a number of areas," continued Mr. Wardrop. A recent WTAI press release announced that the company is in negotiations to obtain a substantial ownership in ground-breaking Hydrogen extraction technology.
It is the mission of WTAI to provide motorized multi-purpose utility vehicles that are durable, reliable and low cost for the benefit of developing countries using our unique WorldStar Micro-Manufacturing process. We are also committed to providing this benefit utilizing the most energy efficient and environmentally clean propulsion technology that is scientifically possible.
This Press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Refer to the WTA web site at: www.wtaiworldstar.com and other sources for more detailed information.
For further information, please contact:
World Transport Authority, Inc.
Lyle Wardrop Email: lyle@wtaiworldstar.com
(619) 593-2440
(619) 593-2444 Fax

I was aware of that already, Phil >

am I beginning to 'smell' sumppin ...?

.......... sniff, sniff ....!!

WTAI Ceo Arrested ... !!

Reuters
Founder of low-cost vehicle company arrested
Friday February 21, 4:57 pm ET
By Gail Appleson
NEW YORK, Feb 21 (Reuters) - The founder of World Transport Authority Inc. (OTC BB:WTAI.OB - News), a company that sells licenses to build a low-cost utility vehicle, was arrested on Friday for allegedly causing the company to lie about its expected sales.
ADVERTISEMENT
Douglas Norman, 61, a Canadian citizen who lives in El Cajon, California, was indicted for allegedly scheming to boost the company's share price in 2000 and 2001 and then selling his holdings for more than $1.6 million. The indictment was unsealed on Friday in Manhattan federal court.
Norman, who was arrested at his home, is charged with one count of securities fraud. If convicted, he could face a maximum prison sentence of 10 years and a $1 million fine.
Also on Friday, the U.S. Securities and Exchange Commission (News - Websites) filed a related civil suit against Norman accusing him of a carrying out a "campaign of deception." The suit seeks a court order forcing him to repay the illegal profits and barring him from acting as an officer or director of any publicly traded company. It also seeks unspecified penalties.
Neither Norman nor a spokesman for the company could immediately be reached for comment.
World Transport Authority, located in El Cajon, California, sells licenses for the manufacture of the low-cost WorldStar utility vehicle.
Federal authorities said Norman is the self-described founder of the company and the controlling stockholder. Both the civil and criminal cases said he is the vice president of international sales, and a company employee confirmed that he still holds that title.
WTA's Web site states that the WorldStar vehicle costs less than $7,000, has fewer than 500 moving parts and runs on three types of fuels. It says the company "provides the capability for emerging nations throughout the world to be automobile and truck producing countries."
Authorities said WTA's core business is promoting the sale of the vehicle and a system to make it. They said the company's literature claims that a "micro-factory" to make the cars can be built in about 90 days.
To carry out its business, the company sells "master licenses" that gives the licensee an exclusive marketing territory, typically covering one or two countries or a geographic region.
The indictment alleged that Norman schemed to inflate WTA's stock price by authorizing the company to issue a series of false press releases and by paying a consultant to post misleading statements on Internet message boards about the company's activities and expected WorldStar and license sales.
Norman knew that WTA faced substantial obstacles in making money from WorldStar sales as the vehicle was not ready for production at the time of the releases and postings, the indictment charged.
The WorldStar vehicle also had not received government approval for production or sale in the countries where production was to occur, according to the charges.
The indictment charged that the false statements convinced numerous investors to buy WTA common stock and that some of them bought their shares directly from Norman. He then sold large amounts of the stock, reaping more than $1 million in illegal profits, it said.

G/M ksquared ... Hope all is well in your area ...

Agree w/you about ALL those disasters ...

Going out for some vitals, & if-ya reply, I'll ans l8tr ....

WTAI Ceo. Arrested ... !!

Reuters
Founder of low-cost vehicle company arrested
Friday February 21, 4:57 pm ET
By Gail Appleson
NEW YORK, Feb 21 (Reuters) - The founder of World Transport Authority Inc. (OTC BB:WTAI.OB - News), a company that sells licenses to build a low-cost utility vehicle, was arrested on Friday for allegedly causing the company to lie about its expected sales.
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Douglas Norman, 61, a Canadian citizen who lives in El Cajon, California, was indicted for allegedly scheming to boost the company's share price in 2000 and 2001 and then selling his holdings for more than $1.6 million. The indictment was unsealed on Friday in Manhattan federal court.
Norman, who was arrested at his home, is charged with one count of securities fraud. If convicted, he could face a maximum prison sentence of 10 years and a $1 million fine.
Also on Friday, the U.S. Securities and Exchange Commission (News - Websites) filed a related civil suit against Norman accusing him of a carrying out a "campaign of deception." The suit seeks a court order forcing him to repay the illegal profits and barring him from acting as an officer or director of any publicly traded company. It also seeks unspecified penalties.
Neither Norman nor a spokesman for the company could immediately be reached for comment.
World Transport Authority, located in El Cajon, California, sells licenses for the manufacture of the low-cost WorldStar utility vehicle.
Federal authorities said Norman is the self-described founder of the company and the controlling stockholder. Both the civil and criminal cases said he is the vice president of international sales, and a company employee confirmed that he still holds that title.
WTA's Web site states that the WorldStar vehicle costs less than $7,000, has fewer than 500 moving parts and runs on three types of fuels. It says the company "provides the capability for emerging nations throughout the world to be automobile and truck producing countries."
Authorities said WTA's core business is promoting the sale of the vehicle and a system to make it. They said the company's literature claims that a "micro-factory" to make the cars can be built in about 90 days.
To carry out its business, the company sells "master licenses" that gives the licensee an exclusive marketing territory, typically covering one or two countries or a geographic region.
The indictment alleged that Norman schemed to inflate WTA's stock price by authorizing the company to issue a series of false press releases and by paying a consultant to post misleading statements on Internet message boards about the company's activities and expected WorldStar and license sales.
Norman knew that WTA faced substantial obstacles in making money from WorldStar sales as the vehicle was not ready for production at the time of the releases and postings, the indictment charged.
The WorldStar vehicle also had not received government approval for production or sale in the countries where production was to occur, according to the charges.
The indictment charged that the false statements convinced numerous investors to buy WTA common stock and that some of them bought their shares directly from Norman. He then sold large amounts of the stock, reaping more than $1 million in illegal profits, it said.

ARES Press ReleaseSource: AmeriResource Technologies, Inc.
AmeriResource Technologies, Inc. Retains Investor Relations Firm
Friday February 21, 10:00 am ET
LAS VEGAS, Feb. 21 /PRNewswire-FirstCall/ -- AmeriResource Technologies, Inc. (OTC Bulletin Board: ARES - News) is pleased to announce that it has retained Equitilink, LLC to lead its financial communications and shareholder relations campaign. A San Diego based agency, Equitilink provides a variety of custom services for public companies seeking results-oriented investor relations programs.
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Delmar Janovec, President & CEO states, "We are pleased to retain Equitilink, LLC as our Investor Relations firm. Equitilink specializes in investor relations for small companies and has previous experience conveying our story to the investment community as well as to the shareholders of ARES. We look forward to working once again with Mr. Mahoney and his fine organization."
Thomas N. Mahoney, Managing Director of Equitilink states, "Given the vagaries of today's markets it is of the highest importance that companies take every possible action to establish better relations with their target audiences, and if they are public companies, provide greater transparency to the same. We look forward to this challenging task, and are pleased to add AmeriResource Technologies, Inc. once again to our roster of clients."
Equitilink, LLC assists public companies in improving their shareholder relations through professional, cost-effective public/investor relations strategies and specializes in working with small-cap & micro-cap companies. Equitilink, LLC helps its clients achieve a greater awareness by expanding public awareness and enhancing corporate image. Additional information is available on the web at http://www.equitilinkpr.com .

Sho glad ya didn't remain in-da pokie long ...!!

ADOT News ....!!

Press ReleaseSource: Advanced Optics Electronics, Inc.
Advanced Optics Electronics, Inc. Announces Financial Relations Representation Negotiations with Product Design and Strategy Firm
Thursday February 20, 8:34 am ET
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Feb. 20, 2003--Advanced Optics Electronics, Inc. (OTCBB:ADOT - News) is pleased to announce that it is now being represented by CLX & Associates of Miami to represent the company before professional investors and current and potential shareholders.
CLX will be getting our message to financial professionals on a nationwide basis. They will be preparing broker fact sheets and assisting in research reports as well as preparing late news summaries. CLX will also work to enhance our web design and message. In the near future CLX will be assisting ADOT with its business plans and expansion forecasts. CLX's website address is clxonline.com.
Advanced Optics Electronics, Inc. is also in negotiations with Product Genesis located in Boston, Massachusetts. It is anticipated that Product Genesis will be working on an and advising the company on product strategy. Advice provided would also include design strategy and industrial design. Product Genesis has worked on over 1,000 programs utilizing Product Genesis' core competency of innovating and developing complex technology-based products. This work is anticipated to be put in place before ADOT ramps up production.
Advanced Optics Electronics, Inc. (OTCBB:ADOT - News) is a technology company based in Albuquerque, New Mexico. The company maintains an R&D facility and manufacturing plant, and is engaged in building large-scale flat panel displays utilizing its patented and patent pending technology.
In addition to the core business of ADOT, the company has made a strategic technology oriented investment in BIOMODA, Inc. BIOMODA, Inc. (non public) is a company that holds patents and patents pending domestically and internationally for the early detection of Lung Cancer. ADOT currently holds approximately 18 1/2% of BIOMODA, Inc.

NBEU News ...!!

Press ReleaseSource: National Beauty Corp
National Beauty Corp Begins Development in Las Vegas, Nevada
Thursday February 20, 8:31 am ET
FT. LAUDERDALE, Fla., Feb. 20 /PRNewswire-FirstCall/-- National Beauty Corp (OTC Bulletin Board: NBEU - News) Management announced today, that the company has begun development of HAIRMAX (TM), a value based haircutting store, being developed by Hairmax of Nevada Inc., the wholly owned subsidiary of National Beauty Corp. The new store represents the first of 10 expected locations for HAIRMAX in Clark County, Nevada. The first location will be located at the Sahara Pavillion South, a popular shopping location, that includes Office Max, Sports Authority, General Nutrition Centers, as well as other National retailers. The company further announced the are exploring the possibility of opening the first, 24 hour-7 day a week, haircut salon on the famous Las Vegas Strip, the company is presently in discussion with other shopping center developers, for additional HAIR MAX stores. The first Hairmax location in Las Vegas, Nevada, is expected to open in Spring 2003.
ABOUT HAIRMAX CORPORATION: Hairmax of Nevada Inc. and Hairmax of Florida Inc, are subsidiaries of National Beauty Corporation. The companies are in process of developing and building HAIRMAX concept, a provider of haircare services, offered to the public at discounted prices, in addition the company distributes the Hairmax brand of haircare products, sold exclusively at HAIRMAX locations in Florida and Nevada.
Edward A. Roth
President
(954) 717-8680x105

KAHI NEWS ...!!

Press ReleaseSource: Kaire Holdings, Inc
Kaire Holdings, Inc Acquires Medical Transportation Company
Wednesday February 19, 9:30 am ET
LOS ANGELES, CA--(INTERNET WIRE)--Feb 19, 2003 -- Kaire Holdings, Inc (OTC BB: KAHI) announced that it has acquired South Bend, Indiana Ambulance Enterprises, Inc (AMBE). Established in 1995, AMBE is a regional provider of both emergency and non-emergency medical transportation with annual revenues of approximately $3,200,000. The company acquired AMBE for $450,000, payable in restricted rule 144 common stock and promissory note of $250,000. The note, plus annual interest of 4% is due and payable in two years. The company has the option at that time to pay the note in common stock which will be valued at market price.
Kaire CEO Steven Westlund commented on the announcement saying, "The acquisition of AMBE begins the company's strategic expansion into related segments of the health services industry. In addition to emergency medical transportation, AMBE also provides non-emergency medical transportation for board and care patients."
George R. LeFevre, with NeoTactix, commented on the transaction saying, "AMBE is the first of several opportunities that have been identified for Kaire in the quest to bring revenue and profit growth to the company through acquisition." NeoTactix (www.neotactix.com) is a Southern California-based business development practice specializing in guidance to small and emerging growth companies.
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Kaire Holdings, Inc provides services to targeted segments within the health care industry that includes emergency and non-emergency medical transportation and specialized pharmacy care to targeted segments of the health care market. Pharmacy care products and services are specifically tailored to the needs of patients undergoing complex medication therapy, as well as their associated health care managers. Kaire programs utilize specialized medication packaging that improves patient medication compliance while simultaneously reducing many repetitive tasks for health care managers freeing them to spend more time with their patients. The program also manages patient insurance claims through a wide variety of health care providers as well as facilitating communication between patients and their health care professionals. Specialized programs are available for HIV, diabetics, many seniors and persons in assisted living facilities.

I thank you, Onebgg, muchy appr...!!

Tnx, ez ... (IF) it pulls-back drastically, (and I doubt it will) I'll probly bite ...

Soooo many choices, soooo lil' loot ...!!

ez, I don't own it, but wish I did ....!!

Well .....

http://www.nonstick.com/sounds/Foghorn_Leghorn/ltfl_015.wav

Hear ya are, trade ....

Sent By:

skeballlarry Date: 1/20/2003 10:34:29 AM

Gifs & sounds(instrs)..

http://www.investorshub.com/boards/faqh2post.asp

There is also a GIF board that has some great links to GIFs.

http://www.investorshub.com/boards/board.asp?board_id=1078

If you see a gif that you like, just put your cursor on it & right click it to get properties.

That will give you the web address. write down the address & insert

[ c h a r t ] (no-spaces) at the beginning of the address eliminating the - - h t t p / / or w w w whichever is in the link and insert

[ / c h a r t ] (no-spaces) at the end of the link.

Remove the spaces as I couldn't post it without the spaces.

try it out on the TEST thread & you can see from some of the posts how to post the link.

Agree there ... I think they saddle-em-up and ride them to groc ....

iz-zat where they make Ajax- for stains n shower stalls ...??

alright, saf-trip ... !!

Where-ya goin, Churak ... ??

Breaking News .. !! NATO AGREES on Turkey Defense Plan ...!!

PCTH 1 X 200 R/S = PFAE

THAT he is, trkyhntr ... !! .. I sho wouldn't bet agin-him ..

Been monitoring your posts, and feel you are handling ALL situations 'IN FINE FASHION' ... !!

Amen to that Ed... Who's gonna-win the D/500 today .. !!

Geeezz, N.Korea's leader, (K.Y. Ill's?) birthday is toda .. &

....... so is MINE .....Rats .... !!