m
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looks like were holding .0002
have you seen this
PLNI SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters
Market Wire - January 23, 2006 8:30 AM (EDT)
LEXINGTON, KY, Jan 23, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (OTC: PLNI) announced today that SEMCO Manufacturing, Inc. was chosen as a surfacing vendor by the contractor for Apple Computer Japan Headquarters showcase demo and reception area in Tokyo. Apple Computer Japan is located in a 51-story building in the Shinjuku sector of Tokyo. Plasticon International, Inc. recently completed the acquisition of SEMCO.
According to SEMCO Manufacturing, the company was chosen for the project because its environmentally responsible, dielectric, waterproof surface cement system offers unlimited creative freedom with design, texture and color and their surfacing solutions exceed Japanese industry environmental standards for indoor air quality. "Our innovative surfacing solutions require no waste disposal, and are distinguished in the surfacing industry by their versatility, durability and beauty," said Samel Sem, President and founder of SEMCO Manufacturing. "Most importantly, our unique surfacing solutions have a competitive advantage over other surfacing products in that they cross link chemically to virtually any material they are being bonded to, and reinforce the density of almost any surface, including concrete, wood, foam, metal, asphalt, rubber and tile of all types. We take pride in the fact that our products met Apple Computer Japan's stringent design requirements from both a creative and environmental standpoint. Apple Computer is known as one of the most image-savvy companies worldwide, and it speaks volumes that our products were selected by the contractor and approved in the selection of materials for the project."
According to Jim Turek, President and CEO of Plasticon International, Inc., "We are thrilled that SEMCO was chosen by the contractor as a surfacing vendor for the Apple Computer Japan showcase demo project. SEMCO fits perfectly into the Plasticon family of companies. Both Plasticon and SEMCO are green companies that have consistently used environmentally responsible manufacturing practices before it was fashionable. Both Plasticon and SEMCO are pioneers in their fields and offer unique benefits to the construction industry. We believe this is just the beginning of SEMCO's growth in the $100 billion+ surfacing marketplace. As an established leader in surfacing, we believe that SEMCO's products will continue to be chosen for high-profile projects worldwide, because they offer the most environmentally friendly, creative, versatile solutions in the surfacing industry today. The fact that SEMCO's advanced product lines cross link chemically with virtually any surface they are applied to distinguishes them from any other surfacing company in the marketplace. As we work with SEMCO to expand their marketing efforts, we believe that SEMCO will become the largest profit center for Plasticon International, Inc. in the years ahead."
SEMCO Manufacturing, based in Las Vegas, Nevada, since 1981, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5-star luxury resorts. Their eclectic customer base also includes high-profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily trafficked outdoor walkways, in extreme outdoor weather, freeze/thaw conditions, and in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, Singapore and Australia.
Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, and plastic lumber which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally friendly, using recycled plastics to produce its line of products.
Plasticon International, Inc.:
Jim Turek, President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.
Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775
SOURCE: Plasticon International Inc.
Copyright 2006 Market Wire, All rights reserved.
Commonwealth American Financial Group Formally Retires Shares From Buyback
Business Wire - January 23, 2006 9:12 AM (EDT)
MIAMI, Jan 23, 2006 (BUSINESS WIRE) -- Commonwealth American Financial Group (Pink Sheets:CWFG) today announced that the company has formally retired to the treasury 650,000,000 common shares that were acquired per the company's previously announced buyback. The company also announced that they will continue to purchase as many additional shares as possible to bring the company's true value inline with its market capitalization.
Ms. Ryals, CEO said, "We are aggressively growing our company and we will not remain idle while our share price remains undervalued. I remain confident in our company's business model and strongly believe, given our current prospects that our stock is severely undervalued and I intend to pursue additional share buybacks, and retire them to the company treasury."
The Company has established a website http://www.cwfgroup.net and trades under the symbol (Pink Sheets:CWFG).
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE: Commonwealth American Financial Group, Inc.
Commonwealth American Financial Group, Inc., Miami
Kristin Mary Ryals, 305-913-7112
Fax: 305-913-4101
Copyright Business Wire 2006
company web site
http://www.cwfgroup.net/
This is one of RB's finest
http://www.investorshub.com/boards/profile.asp?user=65199
Art were do you get those pics from, you always seem to get great ones
This Browns fan says Steelers ALL THE WAY
got to support a division rival
Police Struggle With LeBron's Mom During Arrest
The mother of LeBron James was arrested Friday night,
Gloria James, 37, of Green was picked up for driving while intoxicated, disorderly conduct and other charges.
"The driver was driving in and out of traffic. She was traveling left of center," Akron police Lt. Rick Edwards said.
Two off-duty officers stopped James in her 2004 Cadillac Escalade just before midnight on Arlington Street near Wilbeth Avenue.
According to the police report, she was driving in an erratic manner, weaving in and out of traffic at a high riate of speed.
"She opened the door to step out and the officer could smell a strong odor of alcohol. She appeared to be disoriented. She had glassy eyes," Edwards said.
James was asked to take a sobriety check, but she refused.
"They tried to place her in handcuffs and there was a struggle. She basically got free from one officer. The other officer had to come over and assist. They finally got her in handcuffs and under control," Edwards said.
Once in the cruiser, police said she started to kick out the driver's side window until it came out of its frame.
"She was screaming and hollering. She was leaning into the front part of the curiser hollering and screaming," Edwards said.
Police said at one point officers used mace to subdue James.
Although she had been her son's frequent companion thoughout his rise to superstardom, the police had no idea who they were arresting.
"The point they identified her is when they got the driver's license. One officer identified her at that point," Edwards said.
LeBron James has been on a West Coast road trip with the Cavaliers.
trans good to see you here, read many of your posts from RB you'll like this site............
derf I just wanted to let you know what you are missing back in C Town
http://www.cleveland.com/business/plaindealer/index.ssf?/base/business/113774942655331.xml&coll=...
Top U.S. broadband town: Cleveland
Friday, January 20, 2006
Henry J. Gomez
Researchers at a New York think tank that studies high-tech trends are convinced that Northeast Ohio is the most intelligent region in the United States - and one of the seven smartest in the world.
At least when it comes to fast Internet.
Smart? High-tech? Fast? This ol' manufacturing town?
That blue-collar pedigree is one of the things that made Cleveland stand out, said Robert Bell, executive director of the Intelligent Community Forum, which since 2000 has been recognizing cities that deploy broadband applications to spur economic development.
"Today we all live, whether we know it or not, in the broadband economy," Bell said. "Broadband is not only the door that lets more competition in, but it becomes the means by which we compete. The question is: Do you have in place the tools required to change the work force?
"That's true in Cleveland with its manufacturing past."
Cleveland is the only U.S. city on a list of seven finalists for the ICF's Intelligent Community of the Year award, to be announced at a June 9 conference in New York. Others in the running are Gangnam District, Seoul, South Korea; Ichikawa, Japan; Manchester, United Kingdom; Taipei, Taiwan; Tianjin, China; and Waterloo, Ontario, Canada.
The rankings aren't based on test scores or IQ levels. ICF equates intelligence with how advanced and available broadband has become in a region and looks at several other high-tech indicators that determine "how competitive a community will be in the digital age."
Bell said Cleveland advanced from a preliminary list of 21 largely because of its efforts through the Voices and Choices forums on regionalism and OneCleveland, an ultra-broadband network that is empowering digital makeovers in government and nonprofit offices.
Another factor is marketing, an area in which Cleveland got a boost last year when Intel Corp., the huge Silicon Valley computer chip company, recognized the region as a Worldwide Digital Community - an award received by only a handful of others.
Yet Bell said expectations also played a role in determining finalists, and OneCleveland's goal is to use its network to attract new businesses. "We always view it with a certain degree of skepticism," he said. "But in Cleveland you see a track record of achievement."
Such achievements include partnerships with Intel and other tech giants such as Cisco Systems Inc. and IBM Corp., both of which helped OneCleveland launch a grid-computing program that enables hospitals, schools and public offices to share information electronically.
"Our core proposition is there is no economic future in Northeast Ohio without a broadband strategy," said Lev Gonick, chief information officer at Case Western Reserve University and chairman of OneCleveland. "The 21st century global economy is running on top of broadband."
To reach this Plain Dealer reporter:
hgomez@plaind.com, 216-999-5405
Press Release Source: Modern Technology Corp
Modern Technology Corp Chairman Anthony Welch Interviewed by Wall Street Reporter
Friday January 20, 2:43 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 20, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced Anthony Welch, Chairman of Modern Technology Corp, was interviewed by Wall Street Reporter on January 20th, 2006. During this interview, Mr. Welch outlined some of the plans and revenue targets for the company and spoke on the company's potential.
To listen to the interview, visit the following web address: http://www.wallstreetreporter.com
About Modern Technology Corp
Modern Technology Corp is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.moderntechnologycorp.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662.236.5928
--------------------------------------------------------------------------------
Source: Modern Technology Corp
Press Release Source: Modern Technology Corp
Modern Technology Corp Chairman Anthony Welch Interviewed by Wall Street Reporter
Friday January 20, 2:43 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 20, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced Anthony Welch, Chairman of Modern Technology Corp, was interviewed by Wall Street Reporter on January 20th, 2006. During this interview, Mr. Welch outlined some of the plans and revenue targets for the company and spoke on the company's potential.
To listen to the interview, visit the following web address: http://www.wallstreetreporter.com
About Modern Technology Corp
Modern Technology Corp is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.moderntechnologycorp.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662.236.5928
--------------------------------------------------------------------------------
Source: Modern Technology Corp
MOTG
Press Release Source: Modern Technology Corp
Modern Technology Corp Chairman Anthony Welch Interviewed by Wall Street Reporter
Friday January 20, 2:43 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 20, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced Anthony Welch, Chairman of Modern Technology Corp, was interviewed by Wall Street Reporter on January 20th, 2006. During this interview, Mr. Welch outlined some of the plans and revenue targets for the company and spoke on the company's potential.
To listen to the interview, visit the following web address: http://www.wallstreetreporter.com
About Modern Technology Corp
Modern Technology Corp is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.moderntechnologycorp.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662.236.5928
--------------------------------------------------------------------------------
Source: Modern Technology Corp
agree 100%
ya on 150000 share trade
.0002 @ 10am
They failed to file there financial statement
CWFG
Press Release Source: Commonwealth American Financial Group, Inc.
Commonwealth American Financial Group to Retire Shares per Previously Announced Buyback
Thursday January 19, 9:14 am ET
MIAMI--(BUSINESS WIRE)--Jan. 19, 2006--Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG - News) today announced that the company will retire to the treasury 650,000,000 common shares that were acquired per the company's previously announced buyback plan. The company also announced that they will continue to purchase additional shares to bring the company's worth in line with the market capitalization.
Ms. Ryals President and CEO said, "As we continue to grow our company we will not stand by and endure the under evaluation of our share price. I have strong confidence in our company and believe, given our current prospects our stock is undervalued and I intend to purchase additional shares and retire them to the treasury, in addition to the previous purchase on the open market."
The Company has established a website http://www.cwfgroup.net and trades under the symbol (Pink Sheets:CWFG - News).
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Commonwealth American Financial Group, Inc., Miami
Kristin Mary Ryals, 305-913-7112
Fax: 305-913-4101
--------------------------------------------------------------------------------
Source: Commonwealth American Financial Group, Inc.
Well we have the dreaded ( E )
Modern Technology Corp
Modern Technology Corp Announces H-NET Overview for 2006
Wednesday January 18, 1:33 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 18, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced its strategy for its H-NET subsidiary for 2006. The company also released details on H-NET's progress and provides guidance for H-NET's operational vision for 2006.
The H-NET technology and software asset was acquired in July of 2005. Since that time, we have accomplished the following:
1. As promised in July 2005, a new subsidiary of MOTG was created to host
the operational aspects of H-NET and provide a platform for a possible
future spin-off transaction. MOTG presently owns 100% of the H-NET
subsidiary.
2. The H-NET website has been completed and deployed.
3. The software development is complete and the product is market-ready.
4. Entered into an agreement with Stitel Networks to provide software
enhancements, customer training and support.
5. Many enhancements to the software have been identified and are underway
to broaden the platform's market scope.
6. Europe has been targeted for marketing and relationships are being
developed to further this goal.
7. The Medical field has been identified as a new marketplace for the
software and steps are being taken to modify the technology to compete
in this arena.
8. A sales and marketing infrastructure has been created to support sales
and distribution of the platform.
Objectives for 2006:
1. Establish key marketing channels with major optical industry companies.
2. Create co-marketing partnerships with leading trade publications in the
USA and Europe.
3. Establish co-branded promotions and distribution channels with
established retail suppliers.
4. Create technology development partnerships with major medical and
optical companies.
5. Generate sales and profitability in the H-NET subsidiary sufficient to
positively contribute to MOTG earnings.
6. If sales and operational conditions warrants, we intend to spin-off the
H-NET operation and declare a dividend.
ADVERTISEMENT
In an upcoming press release, we will expand on these objectives and provide more detailed 2006 guidance on revenue projections, new acquisitions, cost reductions, debt reductions, and earnings guidance for our fiscal and calendar year-end.
About Modern Technology Corp
Modern Technology Corp is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.moderntechnologycorp.com.
About H-NET.NET
H.NET is a global digital solutions provider for the Vision Care industry. With its multi-service Internet portal, web hosting services, business applications services and Internet-based transaction processing services, H-Net provides products and services to hospitals, clinics, retail opticians, chains home offices, Optometrists, Opthalmogists and Optical Laboratories. For more information about H-Net, visit www.h-net.net.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662.236.5928
Modern Technology Corp
1420 North Lamar Blvd., Oxford, MS 38655 USA
Phone: +1.662.236.5928, Fax: +1.662.236.7663
Web: http://www.moderntechnologycorp.com
We are a public company trading under the symbol "MOTG" on the OTCBB
MOTG
Modern Technology Corp
Modern Technology Corp Announces H-NET Overview for 2006
Wednesday January 18, 1:33 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 18, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced its strategy for its H-NET subsidiary for 2006. The company also released details on H-NET's progress and provides guidance for H-NET's operational vision for 2006.
The H-NET technology and software asset was acquired in July of 2005. Since that time, we have accomplished the following:
1. As promised in July 2005, a new subsidiary of MOTG was created to host
the operational aspects of H-NET and provide a platform for a possible
future spin-off transaction. MOTG presently owns 100% of the H-NET
subsidiary.
2. The H-NET website has been completed and deployed.
3. The software development is complete and the product is market-ready.
4. Entered into an agreement with Stitel Networks to provide software
enhancements, customer training and support.
5. Many enhancements to the software have been identified and are underway
to broaden the platform's market scope.
6. Europe has been targeted for marketing and relationships are being
developed to further this goal.
7. The Medical field has been identified as a new marketplace for the
software and steps are being taken to modify the technology to compete
in this arena.
8. A sales and marketing infrastructure has been created to support sales
and distribution of the platform.
Objectives for 2006:
1. Establish key marketing channels with major optical industry companies.
2. Create co-marketing partnerships with leading trade publications in the
USA and Europe.
3. Establish co-branded promotions and distribution channels with
established retail suppliers.
4. Create technology development partnerships with major medical and
optical companies.
5. Generate sales and profitability in the H-NET subsidiary sufficient to
positively contribute to MOTG earnings.
6. If sales and operational conditions warrants, we intend to spin-off the
H-NET operation and declare a dividend.
ADVERTISEMENT
In an upcoming press release, we will expand on these objectives and provide more detailed 2006 guidance on revenue projections, new acquisitions, cost reductions, debt reductions, and earnings guidance for our fiscal and calendar year-end.
About Modern Technology Corp
Modern Technology Corp is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.moderntechnologycorp.com.
About H-NET.NET
H.NET is a global digital solutions provider for the Vision Care industry. With its multi-service Internet portal, web hosting services, business applications services and Internet-based transaction processing services, H-Net provides products and services to hospitals, clinics, retail opticians, chains home offices, Optometrists, Opthalmogists and Optical Laboratories. For more information about H-Net, visit www.h-net.net.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662.236.5928
Modern Technology Corp
1420 North Lamar Blvd., Oxford, MS 38655 USA
Phone: +1.662.236.5928, Fax: +1.662.236.7663
Web: http://www.moderntechnologycorp.com
We are a public company trading under the symbol "MOTG" on the OTCBB
MOTG
Modern Technology Corp
Modern Technology Corp Announces H-NET Overview for 2006
Wednesday January 18, 1:33 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 18, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced its strategy for its H-NET subsidiary for 2006. The company also released details on H-NET's progress and provides guidance for H-NET's operational vision for 2006.
The H-NET technology and software asset was acquired in July of 2005. Since that time, we have accomplished the following:
1. As promised in July 2005, a new subsidiary of MOTG was created to host
the operational aspects of H-NET and provide a platform for a possible
future spin-off transaction. MOTG presently owns 100% of the H-NET
subsidiary.
2. The H-NET website has been completed and deployed.
3. The software development is complete and the product is market-ready.
4. Entered into an agreement with Stitel Networks to provide software
enhancements, customer training and support.
5. Many enhancements to the software have been identified and are underway
to broaden the platform's market scope.
6. Europe has been targeted for marketing and relationships are being
developed to further this goal.
7. The Medical field has been identified as a new marketplace for the
software and steps are being taken to modify the technology to compete
in this arena.
8. A sales and marketing infrastructure has been created to support sales
and distribution of the platform.
Objectives for 2006:
1. Establish key marketing channels with major optical industry companies.
2. Create co-marketing partnerships with leading trade publications in the
USA and Europe.
3. Establish co-branded promotions and distribution channels with
established retail suppliers.
4. Create technology development partnerships with major medical and
optical companies.
5. Generate sales and profitability in the H-NET subsidiary sufficient to
positively contribute to MOTG earnings.
6. If sales and operational conditions warrants, we intend to spin-off the
H-NET operation and declare a dividend.
ADVERTISEMENT
In an upcoming press release, we will expand on these objectives and provide more detailed 2006 guidance on revenue projections, new acquisitions, cost reductions, debt reductions, and earnings guidance for our fiscal and calendar year-end.
About Modern Technology Corp
Modern Technology Corp is a diversified technology development and acquisition company, building revenues by strategic acquisition and commercialization of nascent commercial technology and by the acquisition of synergistic operating companies. MOTG commercializes technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to consistently build shareholder value through accretive acquisitions of emerging technology or acquiring operating companies capable of benefiting from technology infrastructure enhancements or new product lines. For more information, visit: http://www.moderntechnologycorp.com.
About H-NET.NET
H.NET is a global digital solutions provider for the Vision Care industry. With its multi-service Internet portal, web hosting services, business applications services and Internet-based transaction processing services, H-Net provides products and services to hospitals, clinics, retail opticians, chains home offices, Optometrists, Opthalmogists and Optical Laboratories. For more information about H-Net, visit www.h-net.net.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662.236.5928
Modern Technology Corp
1420 North Lamar Blvd., Oxford, MS 38655 USA
Phone: +1.662.236.5928, Fax: +1.662.236.7663
Web: http://www.moderntechnologycorp.com
We are a public company trading under the symbol "MOTG" on the OTCBB
Mechanic sucked into jet engine
Fatal accident occurred as aircraft prepared to fly to Houston
Monday, January 16, 2006; Posted: 5:55 p.m. EST (22:55 GMT)
(CNN) -- A mechanic standing near a Boeing 737 at El Paso International Airport in Texas was sucked into one of the engines and killed Monday, officials said.
Continental Airlines Flight 1515 was preparing to take off for Bush Intercontinental Airport in Houston when "a maintenance-related engine run-up of the right-hand engine" was carried out, said Roland Herwig, a spokesman for the Federal Aviation Administration's southwest region in Oklahoma City, Oklahoma.
"Someone on the ground was sucked into the engine," he said.
In a written statement, Continental Chairman and CEO Larry Kellner said the person killed was a mechanic who worked for one of the airline's suppliers.
"My fellow coworkers and I extend our heartfelt sympathies to the family and friends of the mechanic involved in this tragic event," Kellner said.
The 737-500 was carrying 114 passengers and five crew members at the time of the accident, he said.
"Continental is coordinating assistance for passengers who need help dealing with this tragedy," Kellner said. "Continental's Employee Assistance Program team is also flying to El Paso to meet with employees."
He said the incident occurred during a maintenance check in preparation for the plane's departure.
A spokeswoman for Boeing said Monday's incident is not the first such accident. "It doesn't happen very often," spokeswoman Liz Verdier said. "It has happened in the past."
Either way, she said, the responsibility lies with Continental: "The airlines are responsible for their safety procedures."
The National Transportation Safety Board has sent a team of investigators from its office in Denver, Colorado, Herwig said.
RNKE THIS IS GOOD
RNKE.OB > SEC Filings for RNKE.OB > Form 8-K on 13-Jan-2006 All Recent SEC Filings
Show all filings for ROANOKE TECHNOLOGY CORP | Request a Trial to NEW EDGAR Online Pro
Form 8-K for ROANOKE TECHNOLOGY CORP
--------------------------------------------------------------------------------
13-Jan-2006
Change in Directors or Principal Officers, Other Events, Financial Statem
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
On January 10, 2006, David L. Smith resigned from his position as President, Chief Executive Officer, Chief Financial Officer, Principal Accounting Officer, and as a member of the Board of Directors pursuant to a settlement agreement with the Company. Such resignation was not due to any disagreements with the Company on any matter relating to the Company's operations, policies or practice. Pursuant to the settlement agreement, David Smith agreed that the Company would have no further obligation under his employment agreement and the Company agreed to continue to provide certain services to Mr. Smith. On January 10, 2006, Russell Jones was appointed as President and Chief Executive Officer of the Company as well as to the Board of Directors to fill the vacancy created by the resignation of the previous director. In addition, Cathryn Walker was appointed as Chief Financial Officer of the Company.
RUSSELL JONES was born and raised in Escatawpa, Mississippi and attended the University of South Alabama from 1986 to 1990 where he majored in software design for scientific applications and minored in mathematics. Prior to and during college (1986 -1994), Mr. Jones was enlisted with the Air Force Reserves out of Keesler AFB, Biloxi, MS. During his enlistment, Mr. Jones acquired AFSC as a security policeman. Mr. Jones was also an intelligence clerk for an intelligence officer of the 815th Tactical Air Squadron for a period of one and one-half years and was honorably discharged as an E4 sergeant. In 1990, Mr. Jones was employed by John Fayard/Fastway Systems in Gulfport, Mississippi. Hired as a billing clerk, Mr. Jones concluded his seven year employment as manager of truckload billing operations and fuel surcharge program. In 1998, Mr. Jones moved to North Carolina and became the first salesman for the Company. Over the course of his employment, Mr. Jones has served as Sales Manager, Support Manager, Corporate Secretary for six months in 2003, and was Director of Operations prior to his appointment as President and Chief Executive Officer of the Company.
CATHRYN WALKER was raised in Richmond, VA and moved to Florida in 1989. Ms. Walker attended colleges in both Virginia and Florida from 1986 to present and is working towards her CPA degree. Ms. Walker's experience with the Company began while working for an accounting firm retained by the Company in 2001. In 2002, Ms. Walker left the accounting firm to build her own practice and has since continued working with the Company and its auditor in the preparation of the Company's periodic filings. Her areas of experience over the past eighteen years encompass small business accounting, Florida Department of Revenue and IRS representation, and accounting and consulting services for start-up public companies. Ms. Walker is the sole managing member of C Walker & Associates, LLC and sole owner of ECFO Corporation, both Florida entities.
ITEM 8.01 OTHER EVENTS
On December 21, 2005, the SEC filed a complaint in the Middle District of Florida against the Company as well as its former officer and director, David L. Smith as well as Thomas L. Bojadzijev, and Barret R. Clark. The complaint alleges that beginning in 2003 through September 2004, Mr. Smith published misleading news releases which increased the value of the Company's stock. In addition, the complaint alleges that Mr. Smith employed the assistance of Mssrs. Bojadijev and Clark to funnel over $4 million to his private account. To accomplish same, the complaint contends that the Company, as directed by Mr. Smith, filed false Form S-8 registration statements to register shares of the Company issued to Mssrs. Bojadijev and Clark in exchange for their purported "consulting services." The complaint alleges that such "consulting services" were never rendered and therefore such shares were not issued in exchange for bona fide services as required. The complaint further alleges that Mssrs. Bojadijev and Clark then sold the shares, keeping a portion of the proceeds for themselves, and returning more than $4 million to Mr. Smith under the guise of personal loan guarantees. The Company is in the process of retaining SEC counsel to represent it in this matter.
--------------------------------------------------------------------------------
ITEM 9.01 FINANCIAL STATEMENT AND EXHIBITS.
(a) Financial Statements of Business Acquired. N/A
(b) Pro Forma Financial Information. N/A
(c) Exhibits.
10.1 Settlement Agreement dated January 10, 2006 between Roanoke Technology Corp. and David L. Smith.
maybe he should read this
In case anyone is interested.. ;) Yeah.. I know.. its my a-retentive problem again.
This is the section of the bill in question (see below on what it is modifying):
SEC. 113. PREVENTING CYBERSTALKING. (a) In General- Paragraph (1) of section 223(h) of the Communications Act of 1934 (47 U.S.C. 223(h)(1)) is amended-- (1) in subparagraph (A), by striking `and' at the end; (2) in subparagraph (B), by striking the period at the end and inserting `; and'; and (3) by adding at the end the following new subparagraph:---> `(C) in the case of subparagraph (C) of subsection (a)(1), includes any device or software that can be used to originate telecommunications or other types of communications that are transmitted, in whole or in part, by the Internet (as such term is defined in section 1104 of the Internet Tax Freedom Act (47 U.S.C. 151 note)).'. (b) Rule of Construction- This section and the amendment made by this section may not be construed to affect the meaning given the term `telecommunications device' in section 223(h)(1) of the Communications Act of 1934, as in effect before the date of the enactment of this section.
=============================
THAT (up there) applies to this (specifically 223/a/1/C:
§ 223. Obscene or harassing telephone calls in the District of Columbia or in interstate or foreign communicationsRelease date: 2005-03-17(a) Prohibited acts generally Whoever— (1) in interstate or foreign communications— (A) by means of a telecommunications device knowingly— (i) makes, creates, or solicits, and (ii) initiates the transmission of, any comment, request, suggestion, proposal, image, or other communication which is obscene, lewd, lascivious, filthy, or indecent, with intent to annoy, abuse, threaten, or harass another person; (B) by means of a telecommunications device knowingly— (i) makes, creates, or solicits, and (ii) initiates the transmission of, any comment, request, suggestion, proposal, image, or other communication which is obscene or indecent, knowing that the recipient of the communication is under 18 years of age, regardless of whether the maker of such communication placed the call or initiated the communication; (C) makes a telephone call or utilizes a telecommunications device, whether or not conversation or communication ensues, without disclosing his identity and with intent to annoy, abuse, threaten, or harass any person at the called number or who receives the communications; (D) makes or causes the telephone of another repeatedly or continuously to ring, with intent to harass any person at the called number; or (E) makes repeated telephone calls or repeatedly initiates communication with a telecommunications device, during which conversation or communication ensues, solely to harass any person at the called number or who receives the communication; or (2) knowingly permits any telecommunications facility under his control to be used for any activity prohibited by paragraph (1) with the intent that it be used for such activity, shall be fined under title 18 or imprisoned not more than two years, or both.
Speak softly and carry a big schtick.
FBI Warns of Mining Accident E-Mail Scam Martyn Williams, IDG News Service
Thu Jan 12, 11:00 AM ET
The U.S. Federal Bureau of Investigations is warning Internet users to be on the look out for a fraudulent e-mail soliciting money for a survivor of a mine accident in West Virginia last week.
The e-mail purports to be written by a doctor at the hospital where the miner is being treated and describes the condition of the survivor and the financial assistance that is needed for a full recovery.
The accident cost the lives of 12 miners and there was just one survivor. He is still hospitalized and in partial coma, according to news reports.
Rescue attempts were heavily covered by U.S. media and the story stayed in the news spotlight for several days partly because initial reports of survivors turned out to be incorrect.
Under Investigation
"The FBI takes these matters seriously and is working with other law enforcement and private industry partners to identify the person(s) responsible," the agency says in a statement.
"Anyone who has received an e-mail of this nature is asked to contact the FBI's Internet Crime Complaint Center (IC3) via the Web site at www.ic3.gov," the statement says.
The bureau also repeated its standard advice to refrain from opening or responding to unsolicited e-mails and to verify thoroughly any requests for money or personal information received via e-mail before responding.
Press Release Source: Modern Technology Corp
Modern Technology Corp Subsidiary Sound City Adds Product Line to Reliant Distributing
Wednesday January 11, 4:13 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 11, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced its subsidiary Sound City added the ProMounts product lines to Reliant Distributing's rapidly growing operations. Reliant will be the premier distributor for ProMounts in the New York Metro area.
The Reliant Distribution operation continues the company's rapid expansion and growing product offerings for 2006. Reliant's growth is anticipated to occur on a national level with customer shipment turnaround capability of 24 to 48 hours resulting from the Company's existing infrastructure and inventory management technology systems.
"This new addition to Reliant's operations creates new revenue channels and expands our distribution lines," said Kamel Yassin, President of Sound City.
"This new product line addition is a result of our continuous growth model and synergy-based approach to operations. Shareholders can expect an exciting year of positive developments," said Anthony Welch, Chairman of Modern Technology Corp.
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662-236-5928
--------------------------------------------------------------------------------
Source: Modern Technology Corp
Press Release Source: Modern Technology Corp
Modern Technology Corp Subsidiary Sound City Adds Product Line to Reliant Distributing
Wednesday January 11, 4:13 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 11, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News), a rapidly growing diversified technology development and acquisition company, announced its subsidiary Sound City added the ProMounts product lines to Reliant Distributing's rapidly growing operations. Reliant will be the premier distributor for ProMounts in the New York Metro area.
ADVERTISEMENT
The Reliant Distribution operation continues the company's rapid expansion and growing product offerings for 2006. Reliant's growth is anticipated to occur on a national level with customer shipment turnaround capability of 24 to 48 hours resulting from the Company's existing infrastructure and inventory management technology systems.
"This new addition to Reliant's operations creates new revenue channels and expands our distribution lines," said Kamel Yassin, President of Sound City.
"This new product line addition is a result of our continuous growth model and synergy-based approach to operations. Shareholders can expect an exciting year of positive developments," said Anthony Welch, Chairman of Modern Technology Corp.
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662-236-5928
--------------------------------------------------------------------------------
Source: Modern Technology Corp
Thanks lady
DMES
Press Release Source: DeMarco Energy Systems of America, Inc.
DeMarco Energy's International Expansion Plan Extends to Property Development Market
Wednesday January 11, 11:00 am ET
OXFORD, Miss., Jan. 11, 2006 (PRIMEZONE) -- DeMarco Energy Systems of America, Inc. (Other OTC:DMES.PK - News) announced today it is initiating relationships with international property developers to participate in our global expansion efforts.
In addition to finalizing its new operating subsidiary based in the UK, the company has expanded its efforts to embrace the entire property development marketplace. This endeavor has produced a significant opportunity for further rapid expansion with similar property developers in other areas of the world. In addition to the UK, the company will focus its immediate efforts to develop joint ventures with organizations based in the Caribbean Islands, Republic of Ireland and Scandinavia.
The company is on a fast-track international expansion program to capitalize on the increasing consumer awareness of energy saving technologies. The management and advisory board of Demarco Energy firmly believe the company will emerge as an international brand and world leader in the energy efficiency sector under the Energy Vision International marquee.
Anthony Welch, Chairman, said: ``As previously committed to our shareholders, we are rapidly expanding and building the company into a worldwide organization. We recognize the power of the consumer's voice and their increasing demand for alternative energy technology.''
Energy Vision International and DeMarco Energy are on a rapid growth and expansion track based upon revenue growth through key acquisitions, energy technology distribution, international licensing of its patented geothermal technology, and seeking acquisitions congruent with energy conservation and supporting industries. This strategy lays the groundwork for consistent introduction of energy-related technologies and continuing revenue growth for Energy Vision International, a.k.a. DeMarco Energy, and its shareholders.
About the Company
Energy Vision International expanded its business plan in 2005 to include energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, sales of energy conservation solutions. The company has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. EVI's primary focus is to provide energy-efficient technologies to commercial and institutional markets through the application of the DeMarco ``Systems'' patents and other acquired technologies. For more information, visit the company's web site at: http://www.demarcoenergy.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
DeMarco Energy Systems of America
Investor Relations
(662) 236-5928
feedback@demarcoenergy.com
--------------------------------------------------------------------------------
Source: DeMarco Energy Systems of America, Inc.
MODERN TECHNOLOGY CORP: S-8, Sub-Doc 1
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
________
Form S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
MODERN TECHNOLOGY CORP.
(Exact name of registrant as specified in its charter)
Nevada
11-2620387
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification No)
1420 N. Lamar Blvd., Oxford MS
38655
(Address of Principal Executive Offices)
(Zip Code)
Amended 2004 Stock Incentive Program For Employees and Consultants
(Full title of plan)
United Corporate Services, Inc.
202 S. Minnesota St.
Carson City, NV 89703
(Name and address of agent for service)
775-884-0490
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered(1)
Amount to be Registered
Proposed Maximum Offering Price per Share(2)
Proposed Maximum Aggregate Offering Price(2)
Amount of Registration Fee(2)
Common
10,000,000
$.03
$105,000.00
$12.36
(1) In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan described herein.
(2) Estimated for the purpose of calculating the registration fee pursuant to Rule 457(h) under the Securities Act of 1933, as amended (the "Securities Act") based upon the fair market value of the stock at the time it is granted under the Plan.
--------------------------------------------------------------------------------
THE CONTENTS OF THE REGISTRANT'S REGISTRATION STATEMENT ON FORM S-8, FILED SEPTEMBER 13, 2004, SEC FILE NO. 333-118962, ARE HEREBY INCORPORATED BY THIS REFERENCE
REGISTRANT IS REGISTERING AN ADDITIONAL 3,500,000 SHARES UNDER ITS 2004 STOCK INCENTIVE PLAN FOR EMPLOYEES AND CONSULTANTS AS FILED UNDER FORM S-8 REFERENCED ABOVE.
--------------------------------------------------------------------------------
SIGNATURES
THE REGISTRANT
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Oxford, State of Mississippi, on December 27th, 2005.
MODERN TECHNOLOGY CORP.
/s/ Anthony Welch
Anthony Welch, President, CEO, Chairman
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following person in the capacity ad on the date indicated.
/s/ Anthony Welch
Anthony Welch, President, Chairman
Date: December 27, 2005
THE PLAN
Pursuant to the requirements of the Securities Act of 1933, the Board of Directors has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Oxford, State of Mississippi on December 27th, 2005.
Modern Technology Corp. 2004 Stock Incentive Plan for Employees and Consultants
By: /s/ Anthony Welch
Name: Anthony Welch
Title: Chairman
Copyright © 2005 QuoteMedia. All rights reserved. Terms of Use.
Financial data powered by QuoteMedia, www.quotemedia.com, SEC filings by 10kWizard.
IBOX updated 2 Pr's today nice bounce off the bottom and the accumulation and distribution continues upward...
( continued optimism )
DeMarco Energy Systems Subsidiary, American Geothermal, to Attend the Austin Green Living and Home Products Expo
Monday January 9, 5:27 pm ET
OXFORD, Miss., Jan. 9, 2006 (PRIMEZONE) -- DeMarco Energy Systems of America (Other OTC:DMES.PK - News) announced today its planned exhibit at the upcoming Austin Green Living and Home Products Expo at the Austin Convention Center in Texas on January 20 through the 22nd. The company will promote its environmentally friendly technology and related solutions to further the goals of the environmental movement based on shared common grounds of energy conservation and alternative energy technology.
The DeMarco geothermal heating and cooling systems use proven, reliable water source heat pumps to extract heat from municipal and reuse water systems in the winter, and to sink heat to the same water in the summer. It eliminates boilers, cooling towers and mechanical roof equipment while delivering significant operating and maintenance cost savings.
Anthony Welch, Chairman of DeMarco Energy added: ``As promised to stockholders, we continue our rapid growth track by expanding our market presence.''
The company's aggressive growth model addresses the exploding world-wide demand for alternate energy and energy-saving technologies. The company's rapid growth plan includes: expand operations, building revenues, acquiring energy-related companies, and introduce new technologies and energy-related products into the marketplace. DeMarco is also focusing efforts to license its patented energy-saving geothermal technologies throughout the world.
Energy Vision International and DeMarco Energy are on a rapid growth and expansion track based upon revenue growth through key acquisitions, energy technology distribution, international licensing of its patented geothermal technology, and seeking acquisitions congruent with energy conservation and supporting industries. This strategy lays the groundwork for consistent introduction of energy-related technologies and continuing revenue growth for Energy Vision International a.k.a. DeMarco Energy and its shareholders.
About the Company
Energy Vision International (DeMarco Energy) expanded its business plan in 2005 to include energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, sales of energy conservation solutions. The company has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. EVI's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit the company's web site at: http://www.demarcoenergy.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
DeMarco Energy Systems of America
Investor Relations
feedback@demarcoenergy.com
1.662.236.5928
--------------------------------------------------------------------------------
Source: DeMarco Energy Systems of America, Inc.
Press Release Source: Modern Technology Corp
Modern Technology Corp Subsidiary INmarketing Group Reports 20% Growth for 2005 and Projects Continued Double-Digit Growth for 2006
Monday January 9, 3:09 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 9, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News) a rapidly growing diversified technology development and acquisition company announced its subsidiary INmarketing Group reports profitable 20% growth for 2005 and expects continued double-digit growth for 2006.
INmarketing Group's 2006 projected growth is based upon its existing clients maintaining or growing their existing programs and the addition of several significant new clients such as The Personal Lines Division of St. Paul Travelers. Travelers researched and interviewed over 100 incentive companies before deciding on the INmarketing Group.
INMarketing Group adds an estimated $11.4 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.
Anthony Welch, Chairman of Modern, said: "As promised to stockholders, MOTG is experiencing and continues to project strong revenue growth. Our expansion is quick and we look forward to a powerful 2006. INmarketing Group continues to demonstrate the quality and power of their model and their presence in the MOTG portfolio benefits all stockholders. Their numbers clearly indicate rapid growth and momentum."
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662-236-5928
--------------------------------------------------------------------------------
Source: Modern Technology Corp
MOTG
Press Release Source: Modern Technology Corp
Modern Technology Corp Subsidiary INmarketing Group Reports 20% Growth for 2005 and Projects Continued Double-Digit Growth for 2006
Monday January 9, 3:09 pm ET
OXFORD, MS--(MARKET WIRE)--Jan 9, 2006 -- Modern Technology Corp (OTC BB:MOTG.OB - News) a rapidly growing diversified technology development and acquisition company announced its subsidiary INmarketing Group reports profitable 20% growth for 2005 and expects continued double-digit growth for 2006.
INmarketing Group's 2006 projected growth is based upon its existing clients maintaining or growing their existing programs and the addition of several significant new clients such as The Personal Lines Division of St. Paul Travelers. Travelers researched and interviewed over 100 incentive companies before deciding on the INmarketing Group.
INMarketing Group adds an estimated $11.4 Million in 2005 revenues and a projected additional $14 Million in revenues for 2006. INmarketing Group generated $8.7 Million in revenues in 2004 and generated $5.8 Million in revenues in the first half of 2005.
Anthony Welch, Chairman of Modern, said: "As promised to stockholders, MOTG is experiencing and continues to project strong revenue growth. Our expansion is quick and we look forward to a powerful 2006. INmarketing Group continues to demonstrate the quality and power of their model and their presence in the MOTG portfolio benefits all stockholders. Their numbers clearly indicate rapid growth and momentum."
About Modern Technology Corp
Modern Technology Corp, a diversified technology development and acquisition company, builds revenues through continuous growth, strategic acquisitions, and commercialization of nascent technology. MOTG improves operating efficiencies through the elimination of cost redundancies and realized synergy between subsidiaries. MOTG also commercializes new technology and provides to its subsidiaries new product lines, operations infrastructure, and significant intellectual capital. The company's mission is to build shareholder value through a model of continuous growth. Web Address: http://www.moderntechnologycorp.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Company Contact:
Megan Peterson
1-662-236-5928
--------------------------------------------------------------------------------
Source: Modern Technology Corp
I usually don't do rumors but the way this is trading I can only hope the H-NET rumor is true and we get some news. The rumor is, Cigna a major health care provider has bought 18M worth of H-NET software.
Reuters
Bill Gates stake in Berkshire nears $400 million
Friday January 6, 7:38 am ET
NEW YORK (Reuters) - Microsoft Corp. (NasdaqNM:MSFT - News) Chairman Bill Gates paid $6.2 million for an additional 70 shares of Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK-A - News; NYSE:BRK-B - News), increasing his stake in the company to nearly $400 million.
Gates, the world's richest person, acquired the stock on Tuesday, paying between $88,275 and $89,185 for each Class A share. He disclosed the purchase in a U.S. Securities and Exchange Commission filing late Thursday.
The purchase extends Gates' recent string of Berkshire share purchases. Between December 22 and January 3, he paid $36.3 million for 410 Berkshire shares, several SEC filings show.
Following the latest purchase, Gates owns 4,350 Berkshire shares worth $390.6 million, based on Thursday's closing price of $89,800. He owns the shares either directly or through a limited liability company, the filings show.
Gates and Buffett, the world's second-richest person, are friends and bridge partners. According to Forbes magazine, they were recently worth a respective $51 billion and $40 billion.
Gates became a director of Omaha, Nebraska-based Berkshire in December 2004. He replaced Buffett's wife Susan, who died of a stroke the previous July.
Time magazine in December named Gates, his wife, Melinda, and U2 lead singer Bono its Persons of the Year for 2005.
Berkshire's share price is high because the company has few shares outstanding