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Bid 0.0003 Ask 0.001
That's SURE.
You know the O/S-A/S
Sep 04, 2008 -- Comstock Homebuilding Companies, Inc. (NASDAQ:CHCI) and certain of its subsidiaries (collectively "Comstock" or the "Company") today announced that it had entered into a forbearance and conditional release agreement ("Agreement") with Regions Bank ("Regions") with respect to approximately $5.3 million of the Company's $144.0 million of secured debt as of June 30, 2008. Under the terms of the Agreement, the Company agreed to cooperate with Regions with respect to its foreclosure on certain of the Company's real estate assets in Georgia and Regions agreed to provide the Company a full release from its obligations with no deficiency liability post-foreclosure. The foreclosure agreement covers three properties in Atlanta, Georgia.
"The agreement we entered into with Regions today is the result of our continued focus on restructuring a significant portion of our debt and positioning Comstock to survive the current downturn in housing," said Christopher Clemente, Comstock's Chairman and Chief Executive Officer. "We are satisfied with the outcome of our negotiation with Regions and believe it is another important step in our plan to reposition our company to meet the challenges of the current market. While we have more work to do in this regard with certain other lenders, the Regions agreement, along with the recently announced similar agreement with BB&T, are in keeping with our objective. We remain optimistic regarding the potential for a positive outcome of our restructuring efforts."
Under the terms of the agreement the Company will be formally released from its obligations to Regions at the earlier of December 15, 2008 or the successful foreclosure by Regions on lots and/or speculative homes at Post Road II, Highland Station and James Road. The Company announced that in anticipation of this agreement it had recorded impairment charges related to the Regions collateral in the quarter ending June 30, 2008 and as a result the Company does not anticipate any material future write-offs as a result of the Agreement or the foreclosures.
Good Life China Corporation operates a chain of franchised convenience stores in Hebei Province, the People’s Republic of China. The company employs retail concepts, such as e-commerce enabled POS/back office systems. It operates approximately 1,730 stores. The company also has an agreement with Petro China Beijing to provide distribution services and information management system services for the convenience stores in the gas stations belonging to Petro China Beijing Marketing Company. In addition, the company offers online sub prime financial services, such as money lending, forex trading, and advanced electronic funds management. Good Life China Corporation was incorporated in 1998 and is based in Toronto, Canada
http://investing.businessweek.com/research/stocks/private/sn…
BEIJING, Aug 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (GLCC) www.goodlifechina.com is pleased to announce that it has finished production on a multi-media advertising campaign that will include TV, and online rich media. These ads will shortly begin to air on Bloomberg, ESPN, CNN, Fox News, and Bravo to name a few networks.
The Company plans to make excerpts of these campaigns available on its corporate website - www.goodlifechina.com - over the upcoming long Labor Day weekend.
In other corporate news, while the North American markets will be closed on Monday for the Labor Day weekend, our Chinese offices remain open with business as usual. We have been advised by one of our previously announced business partners and affiliates that they may make some very positive business announcements on Monday, September 1, 2008 which involves Good Life China Corp. The company will make every effort to provide greater details in advance of U.S. markets re-opening on Tuesday, September 2, 2008.
Finally, the Company has received further interest from an agriculture targeted acquisition company who is seeking to further broaden their position within GLCC. Ms. Doi Mai Jia the company CEO, together with the company's board and its corporate advisors, together with the agriculture company representatives will be reviewing these various options over the long weekend. The company is desirous to explore options that may be mutually beneficial to itself and its shareholders.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
corporate@goodlifechina.com
CONTACT: corporate@goodlifechina.com
SOURCE Good Life China Corporation BEIJING, Aug. 29, 2008 / PRNewswire-FirstCall via COMTEX / - Good Life China Corporation (GLCC) www.goodlifechina.com ist erfreut mitteilen zu können, dass er fertig ist mit der Produktion auf eine Multi-Media-Kampagne wird auch das TV-und Online - Rich-Media. Diese Anzeigen werden in Kürze beginnen die Luft auf dem von Bloomberg, ESPN, CNN, Fox News "und" Bravo um nur einige zu nennen-Netze.
Das Unternehmen plant, um Auszüge aus diesen Kampagnen auf seiner Unternehmens-Website - www.goodlifechina.com - über das bevorstehende lange Wochenende Tag der Arbeit.
In anderen Corporate News, während die nordamerikanischen Märkte werden geschlossen am Montag für den Labor Day-Wochenende, unseren chinesischen Büros offen bleiben mit business as usual. Wir wurden beraten von einem unserer zuvor angekündigt, Geschäftspartnern und verbundenen Unternehmen, dass sie vielleicht ein paar sehr positive Geschäftsentwicklung Ankündigungen am Montag, 1. September, 2008 geht der Good Life Corp China Das Unternehmen wird alle Anstrengungen unternehmen, um für mehr Details im Vorfeld US-Märkte wieder geöffnet am Dienstag, den 2. September 2008.
Schließlich hat die Firma erhalten hat weiteres Interesse von Landwirtschaft gezielte Akquisition Unternehmen, sucht zur weiteren Ausweitung ihrer Position innerhalb GLCC. Frau Doi Mai Jia CEO des Unternehmens, zusammen mit dem Unternehmen im Vorstand und den Corporate-Berater zusammen mit den Vertretern der Landwirtschaft Unternehmen wird diese Überprüfung der verschiedenen Optionen über das lange Wochenende. Das Unternehmen ist auf Wunsch die Optionen, die möglicherweise für beide Seiten vorteilhaft für sich und seine Aktionäre.
Safe Harbor Statement unter dem Private Securities Litigation Reform Act "von 1995: Bestimmte Angaben in dieser Pressemitteilung enthält zukunftsgerichtete Aussagen, die Risiken und Unsicherheiten, einschließlich, aber nicht beschränkt auf, die sich auf Entwicklung und Expansion Aktivitäten, der inneren und globalen Bedingungen und Wettbewerb auf dem Markt.
corporate@goodlifechina.com
KONTAKT: corporate@goodlifechina.com
BEIJING, Aug 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (GLCC) www.goodlifechina.com is pleased to announce that it has finished production on a multi-media advertising campaign that will include TV, and online rich media. These ads will shortly begin to air on Bloomberg, ESPN, CNN, Fox News, and Bravo to name a few networks.
The Company plans to make excerpts of these campaigns available on its corporate website - www.goodlifechina.com - over the upcoming long Labor Day weekend.
In other corporate news, while the North American markets will be closed on Monday for the Labor Day weekend, our Chinese offices remain open with business as usual. We have been advised by one of our previously announced business partners and affiliates that they may make some very positive business announcements on Monday, September 1, 2008 which involves Good Life China Corp. The company will make every effort to provide greater details in advance of U.S. markets re-opening on Tuesday, September 2, 2008.
Finally, the Company has received further interest from an agriculture targeted acquisition company who is seeking to further broaden their position within GLCC. Ms. Doi Mai Jia the company CEO, together with the company's board and its corporate advisors, together with the agriculture company representatives will be reviewing these various options over the long weekend. The company is desirous to explore options that may be mutually beneficial to itself and its shareholders.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
corporate@goodlifechina.com
CONTACT: corporate@goodlifechina.com
NEEEEEEEEEEEWWWWWWWSSSSSSSSS
Good Life China (GLCC) Completes Advertising Production
BEIJING, Aug 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (GLCC) www.goodlifechina.com is pleased to announce that it has finished production on a multi-media advertising campaign that will include TV, and online rich media. These ads will shortly begin to air on Bloomberg, ESPN, CNN, Fox News, and Bravo to name a few networks.
The Company plans to make excerpts of these campaigns available on its corporate website - www.goodlifechina.com - over the upcoming long Labor Day weekend.
In other corporate news, while the North American markets will be closed on Monday for the Labor Day weekend, our Chinese offices remain open with business as usual. We have been advised by one of our previously announced business partners and affiliates that they may make some very positive business announcements on Monday, September 1, 2008 which involves Good Life China Corp. The company will make every effort to provide greater details in advance of U.S. markets re-opening on Tuesday, September 2, 2008.
Finally, the Company has received further interest from an agriculture targeted acquisition company who is seeking to further broaden their position within GLCC. Ms. Doi Mai Jia the company CEO, together with the company's board and its corporate advisors, together with the agriculture company representatives will be reviewing these various options over the long weekend. The company is desirous to explore options that may be mutually beneficial to itself and its shareholders.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
corporate@goodlifechina.com
CONTACT: corporate@goodlifechina.com
SOURCE Good Life China Corporation
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
INDUSTRY KEYWORD: OTC
SUBJECT CODE: MRK
ZHA
PDT
Good Life China (GLCC) To Acquire An Agriculture Company
BEIJING, Aug 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (Pink Sheets GLCC) www.goodlifechina.com is pleased to announce that it has signed a Letter of Intent to acquire a second Chinese based company of similar size and financial stature to Good Life's current operations. The company is in the agriculture business, with revenues in the 5-6 million dollar range and assets of about 10-14 million dollars. The purchase price consists of cash and restricted stock.
The parties are beginning the due diligence process which they expect to complete within the next 60-90 days.
Based on a successful acquisition, GLCC will be looking at the option of uplifting itself and or the targeted acquisition Company to the OTCBB, in line with previous announcements and filings made by the Company. This will require auditing of the respective financial statements of the two companies, and a thorough review of other disclosure requirements including compliance with some aspects of Sorbanes Oxley.
Additional announcements will be made as the negotiations move forward, either through news worthy updates or update notices filings on Pink Sheets.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
SOURCE Good Life China Corporation
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
INDUSTRY KEYWORD: OTC
SUBJECT CODE: TNM
Posted by: axcol Date: Wednesday, August 27, 2008 5:31:15 AM
In reply to: None Post # of 35805
Translated by google:
The analysts, would be a first tradersreport very speculative trading position in the shares of CHINA GOOD LIFE CORP. with the WKN A0NJP8 max. 0.008 €.
We are not friends of reißerischen headlines such as today's. But could we have no other, suitable for our current trade idea.
The company CHINA GOOD LIFE CORP. is currently in the process of joining the rapidly growing retail sector in China very big market. It is consistently working on expanding distribution chains in the retail sector worked. This happens through the establishment of a franchise system and the development of its own shops in the province of Hebei. As you well in the Olympic Games in Beijing could see China further opens the Western industrial nations. It slumbers an enormous potential for future consumers. These supply and demand for new goods must somehow be covered and this positioned the company very cleverly. The figures from the last quarters are proof of this impressive and a lot of good promise for the next few years.
If only the only thing in the story, would we do not tear from stool. We have the most recently published quarterly figures for the company and have also viewed with this company again a drastic sub-ranking discovered. CHINA GOOD LIFE CORP., is the following information to the financial circumstances. It has $ 19.9 million in assets and $ 3.7 million cash. In addition, in the last reporting period profit after tax of $ 0.57 million earned. Considering that in relation to the current market capitalization and future opportunities through the expansion of our operating business, you quickly recognize the potential rate.
The company is currently with about 3 million USD. Fundamental risks we see in the fact that the shares of the company at the time exclusively in the Pink Sheet segment in the United States and the Open Market in Frankfurt traded. This segment in the U.S. is comparable with the phone trade in Germany and is not sufficiently regulated. The Open Market in Frankfurt is the former free transport and also has the lowest level of regulation in Germany. In recent years, however, the management tried in a higher market segment. There is even an AMEX-Listig sought.
This measure would be other investors in the company carefully, and a solid shareholder structure could emerge. With this news could be in the following weeks. Fundamentals we see here, after deduction of a number of courses being Risikoabschlägen of € 0.04 as fair.
The shares of the company alone in the past four months several flights a course of several hundred percent completed. There was also once a takeover bid from a U.S. company for the entire Asian business at the rate of 0.10 USD.
Prior to this, we could Kursrallyes every time an increased trading volume identified. This was yesterday again the case. In the U.S., more than 40 million shares traded. That was the last few months, the highest turnover. We see the possibility of further increases in turnover and its impact will continue rising rates. Shares in areas such as price to the current show very often an extreme momentum. This can lead to an unprecedented rate dynamics. Technically chart would only 0,02 USD course mark as a stronger resistance to act. Following this would be the way to $ 0.04 free. That would be astounding 400% rate potential for bold trader.
The analysts would tradersreport of a very speculative trading position in the shares of CHINA GOOD LIFE CORP. with the WKN A0NJP8 max. 0.008 € build. Do they necessarily an individual stop loss limit for example, € 0.004 closing price on base. Our price target sight of three months, we initially at 0.03 €. It is a very risky trade proposal. High profit possibilities always high risk. We would only "play money" for this trade. There must be a consequence of extreme risk with a total loss can be expected. The are also enormous profit opportunities. With the current under-valuation based on the figures published by the company, in our view, constitute a potential viable ground on the local price level dar.
NOTICE OF INTEREST TO GLCC SHAREHOLDERS (UPDATE)
The Chinese People's Political Consultative Conference and General Corporate Update
BEIJING, August 25, 2008 – Good Life China Corporation www.goodlifechina.com (Pink Sheets GLCC) is pleased to provide this corporate update to its shareholders and followers. Although parts of this update may not be news worthy to some of the company’s investing public nonetheless the company sees this as a great way to convey daily activities and updates to its shareholders and followers via this “NOTICE OF INTEREST TO GLCC SHAREHOLDERS (UPDATE NOTICE)”
Firstly, the company welcomed the following delegation to its head office. The CPPCC National Committee Vice-Chairman, executive vice chairman of the Democratic Party Central Committee Li Meng, the NPC Standing Committee, the Democratic Party vice chairman of the agro-industrial SANG Guowei, the Standing Committee of the CPPCC National Committee, the State Environmental Protection Administration Wang Jirong, deputy director and lead farm workers Democratic Party Central Committee and his party, the CPPCC Provincial Committee, vice chairman of the provincial party committee of United Front Work Department Hsiu-Fang Chen, the provincial CPPCC Vice-Chairman, agro-industrial, chairman of the Democratic Party of the Hebei Provincial Party Committee, accompanied by Hui-jun came to Cangzhou for visit.
Vice Chairman Li Meng on the 9th and his party arrived at Cangzhou city development zone, development zone CMC ma guo Hua organized the forum. Good Life China is viewed as a high quality development zone commerce company, said representatives attended the meeting.
At the meeting, Jia Dongmei, CEO of GLCC discussed the current development, merger plans and immediate development plans were also discussed. Vice-Chairman Li Meng praised the GLCC development strategies, and development model that fully affirmed its growth plans. Vice Chairman Li Meng after meeting visited the GLCC distribution centers and information centers.
The company is also in negotiations with Cede Co to resolve a short stock position matter which arouse from the company issuing restricted dividends in February 2008 that Cede Co had disbursed as “free trading”. The company attempted to recall and cancel the dividends outright, immediately when it learned of this, however could not receive any satisfaction or resolution from the clearing house Cede Co. The company verily believes that these free trading dividends were sold by unauthorized means in April –May 2008 by several retail traders to whom Cede Co in error released these shares as free trading. In turn the company verily believes that its security declined on very low volume from 60 cents to 1 cent.
The company has no intention, neither will nor the resources in its budget of being defocused by pursuing legal means of recovery for this error. The company will participate as a beneficiary only in the slander lawsuit against several blogs and short seller supporters. It is worth noting that these dividends were sent out with the restricted legend clearly noted.
In other updates, the company is currently in negotiations for a merger, and a buy out with 2 separate entities. One of the proposals would see GLCC selling all of its assets to a German company (Eng America) while the other would see GLCC being acquired on a cash and stock basis by a completely different entity.
The company believes that either through the merger or the proposed buyout the company can escalate the return of the eroded equity in its security, rather than through pursuing litigation against a giant clearing house.
The company intends to provide further updates on these corporate developments as they become available, and maintains all of its options open.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition
3.099.829 Frankfurt
72.662 € Now
L2 PLEASE
Momo,CYBL goes UP today ???
MOMO,CYBL UP TODAY ????????
UPPPPP 100%%%%%again today
CDNKID!!Why were you in the prison? Something with Wisebuy stolen?
But why he's Buy only 10 Millions
Very Nice!!!!!!!!!!!!
That's only a Speku with GS AGRIFUELS CORP
http://www.quote.com/qc/news/headlines.aspx?symbols=BB:GSGF
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=swvc
On the business end and as previously reported, the Company has executed a number of share purchase agreements with shareholders of WiseBuys that represent an aggregate of 60% of the ownership and voting interest of WiseBuys Stores, Inc. In addition, we have finalized the terms to acquire an additional 15%, bringing the total ownership to 75% when executed. Seaway shall make additional offers to acquire up to 100% of WiseBuys' shares over the following weeks, although we cannot predict the response of these shareholders. Seaway's goal is to acquire approximately 80-85% of WiseBuys
We have also negotiated for the sale our majority stake in GS Carbon Corporation to Seaway Capital, Inc., a growth equity and leveraged buyout company. Prior to the sale we will transfer all of our investments, intellectual properties and existing operations out of GS Carbon into GS CleanTech. The transfer to GS CleanTech and the subsequent sale to Seaway will occur on or before June 30, 2007. Seaway's plans for the remaining GS Carbon public shell include the acquisition of Seaway's majority stake in a retail big box chain and the financing and acquisition of other targeted retail chains with an aggregate of more than $30 million in sales. Notably, Seaway has already received term sheets for the financing necessary to support its acquisition plans.
http://www.quote.com/qc/news/story.aspx?symbols=BB:GSGF&stor…
Berlin Rt 0,025€
I'm sure
SEAWAY VY CAP. DL-,0001
WKN Börse Kurs Trade Vol. Tages Vol. Zeit Datum Bid Bid Vol. Ask Ask Vol. T.hoch T.tief Vortag Diff. Änd. Realtime
A0MZBS BER 0,043 120.000 26.444.662 18:16 11.09.2007 0,042 0 0,045 0 0,044 0,016 0,055 -0,012 -21,82% ja
BERLIN SK SEAWAY VY CAP. DL-,0001 0,017
WKN Börse Kurs Trade Vol. Tages Vol. Zeit Datum Bid Bid Vol. Ask Ask Vol. T.hoch T.tief Vortag Diff. Änd. Realtime
A0MZBS BER 0,017 0 13.953.493 19:59 03.09.2007 0,016 500.000 0,017 1.000.000 0,017 0,015 0,011 0,006 +54,55% ja
Navini and AireWire Reach Service Partnership Agreement
Delivers Mobile WiMAX services and system integration
RICHARDSON, Texas, Aug. 21 /PRNewswire/ -- Navini Networks, a leading provider of Mobile WiMAX(TM) solutions, today announced it has signed a service partner agreement with AireWire, a leading wireless technology integrator for service providers. AireWire will be a Services Partner and System Integrator of Navini's Mobile WiMAX(TM) 802.16e solutions equipment.
Navini is the first to announce commercially available 802.16e Mobile WiMAX equipment. Already the only vendor to offer proven and commercially deployed Beamforming, Navini's Mobile WiMAX solution adds beamforming to MIMO.
'We know Navini's technology and Navini's people,' said Walt Henley, president of AireWire. 'We understand the technologies surrounding packet networks providing media-based services and IP mobility. Both of these technologies are critical elements of WiMAX implementations and many operators do not have this experience. We hope to enable operators by leveraging our technology and services to make their businesses successful...quickly.'
AireWire intends to provide network and OSS integration services, engineering consulting, installation and management services to Navini's customers. AireWire has significant experience embodied in its team with Navini technology as well as experience implementing carrier class data networks for governments and private sector customers in the U.S.
'AireWire is a technology integrator and operations partner. Our focus is on becoming an operating partner that provides business and technology guidance, as well as technical operations support,' added Henley. 'We also have a 24x7 Tier 2 help desk, outsourced network monitoring and ticketing systems. Shortly, we will provide billing and OSS for our customers using leading industry tools.'
'AireWire and Walt Henley have the knowledge and experience to successfully implement large scale networks,' said Roger Dorf, Navini's President and CEO. 'This is a terrific partnership offering for operators deploying WiMAX networks.'
AireWire will feature Navini's Ripwave(R) MX8 platform, which will be certified for 802.16e Mobile WiMAX with Navini's Mobile WiMAX solution which combines the Smart Beamforming technology currently in commercial service around the world, with beamformed MIMO, which can double the data throughput for WiMAX subscribers.
About Navini Networks:
With the largest commercial deployments in the world, over 70 commercial networks in 6 continents and strategic partnerships with industry leaders, Navini Networks is the leader in providing portable, plug-n-play broadband wireless access solutions worldwide.
Navini is the only company that offers commercial Mobile WiMAX products and has commercialized patented smart beamforming technology, enabling personal broadband for the mass market. Only Navini has the WiMAX solution that enhances Mobile WiMAX with Smart Beamforming and beamformed MIMO, providing operators with the power to deliver on the promise of personal broadband, both indoors and outdoors.
Navini's Ripwave(R) MX solution offers a portable, zero-install, non-line-of-sight (NLOS) product line consists of customer modems, base stations, and element management systems (EMS) that run in the full range of spectrums.
Navini Networks is a principal member of the WiMAX Forum and the IEEE 802.16e committee and is headquartered in Richardson, Texas.
http://www.navini.com
Maryvonne Tubb
Director, Marketing
+1 972 852 4247
mtubb@navini.com
About AireWire, Inc.:
AireWire, Inc., a subsidiary of Cybertel Capital Corportaion, enables services providers by developing the people, processes and technologies required to successfully deploy and operate networks of all kinds. AireWire provides business planning, development, engineering, deployment and operating assistance from a base of experienced consultants across multiple disciplines. http://www.airewire.com
About CyberTel Capital Corporation:
CyberTel Capital Corporation is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. CyberTel trades on the OTC Bulletin Board under the ticker symbol CBEL.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of CBEL officials are 'Forward-Looking Statements' within the meaning of the Private Securities Litigation Reform Act of 1995 (the 'Act'). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as 'believes,' 'anticipates,' 'intends,' 'plans,' 'expects,' and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future CBEL actions, which may be provided by management, are also forward-looking statements defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the CBEL to materially differ from any future results, performance, or achievements expressed or implied by such forward- looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and CBEL has no specific intention to update these statements.
SOURCE Navini Networks
Source: PR Newswire (August 21, 2007 - 7:00 AM EST)
News by QuoteMedia
www.quotemedia.com
CBEL UUUPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP
Investment News Alerts: VIASPACE (OTC BB: VSPC) Expands With New Fuel Cell Applications and Product Development
VIASPACE (OTCBB: VSPC) http://finance.yahoo.com/q?s=vspc.ob&d=t offers its services in the areas of energy/fuel cells, microelectronics, sensors, homeland security and public safety, information, and computational technology. Yesterday, VIASPACE announced it has implemented aggressive domestic and overseas marketing program, expanded its global network of manufacturers, and is currently and investigating opportunities for new battery and fuel cell testing products. Dr. Carl Kukkonen, CEO of VIASPACE, commented: "With energy needs increasing, fuel prices rising and emissions reaching critical levels we are leveraging our expertise to provide fuel cell test equipment, fuel cell cartridges, and new products and applications designed to conserve energy and reduce emissions. We are actively pursuing the aggressive strategic plans for our energy division, ramping sales of our current products and pursuing new products and applications with short to medium term market potential. This is an exciting time for VIASPACE
ATLJ -- Asia Telecom, Ltd.
Com (No Par)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
The Compound Annual Growth Rate of Wireless Communication Equipment Markets in China Will Hit 5.9 Percent During the Years 2004-2009
DUBLIN, Ireland, Jul 16, 2007 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/reports/c62681) has announced the addition of Asia Telecom Market 2005-2006 to their offering.
The Asian telecom market is of large scale and great investment potential. The good foundation of customers will be an impetus to the recovery of the telecommunication industry. Four markets are developing fastest in Asia. They are China, Indonesia, India and Vietnam. Meanwhile, in the markets of Japan, South Korea, Hong Kong and Singapore, handsets have a high market penetration. Besides, multimedia and value-added services are widely applied in these regions.
By the end of 2005, the number of internet users rose to 111 million in China, only behind America whose figure is 197.8 million. The following are Japan, India, Germany, UK and South Korea in sequence. The internet is rapidly popularizing in some populous Asian countries such as China, India and Indonesia, driving the number of internet users to exceed one billion for the first time. In the future, internet consumers to be newly added will be mostly from populous countries such as China, India, Brazil, Russia and Indonesia, etc.
Development of 3G market in Asia
The turning point of mobile markets from 2G to 3G brings along an opportunity for newly entered handset manufacturers to change their market positioning. It is on account of the transition from simulated signal handset to digital signal that Nokia surpassed Motorola. Asian handset manufacturers are all making great efforts in the course of 3G transition.
The increasingly prominent role of Asian equipment manufacturers is the most noticeable. With regard to 3G terminals, Samsung Electronics and LG Electronics are the leading manufacturers in markets of Asia and North America. Currently, they are trying their best to expand the market shares of 3G mobile phones in Europe. Concerning 3G network equipment in China, Huawei and ZTE are exploring overseas markets so as to pave the way for the development of Chinese 3G market and to change the layout of 3G equipment markets. As far as the operation of 3G network is concerned, Japanese manufacturers and South Korean ones all made a great success whether in WCDMA or CDMA2000. The only uncertainty rests with Chinese TD-SCDMA whose development in China will have an effect on the layout of 3G markets worldwide in the future.
Development trend of Asian telecom industry
The year 2005 is another consecutive year for the transition of telecommunication industry in Asian region. The notion of concentration-style network is gradually acknowledged among telecom industry, enterprises and consumer markets. 3G services are more and more available in 2005. However, there is still a long way to go for 3G to become the mainstream. It is estimated that the telecommunication industry in Asian markets will be developing fastest with an annual average rate of 9.3 percent in the next five years.
In the past decade, the Chinese telecommunication industry has maintained a rapid growth rate of more than 20% annually. It is forecast that the number of telephone subscribers will exceed 820 million in China by the end of 2006. Of which, handset subscribers will be more than 440 million, while fixed telephone customers will surpass 380 million. In markets of western developed countries, the popularity of telephone subscribers have been over 80 percent.
The compound annual growth rate of wireless communication equipment markets in China will get to 5.9 percent during the year 2004-2009. Total output value of this market will increase from 42.5 billion U.S. dollars in 2005 to 44.6 billion U.S dollars in 2006. Besides, the compound annual growth rate of cable communication equipment markets will be 4 percent and the total output value will rise to US$15.7 billion in 2006 from US$15.2 billion in 2005. Namely, the market size of wireless equipment is three times that of cable equipment.
Indonesia is one of the countries in which the telecom industry will develop fastest worldwide. Indonesia has a population of 240 million at present. By the end of 2005, the number of handset subscribers was 38 million. A significant growth will occur since mobile penetration is not up to 16% in Indonesia. According to the official statistics, Indonesia needs to import telecom equipment valued at 500- 600 million U.S. dollars annually. The total investment of various telecom enterprises will reach approximately one billion U.S. dollars per year in which 70 percent or 80 percent will be used for purchasing raw materials and equipment.
The telecom market is extraordinarily prosperous in Vietnam with a population of 82 million. In the past few years, its telecom industry is developing at a speed of 10% annually and the growth rate of its GDP also gets to as high as 7% per year. Even some research and investigations show that the Vietnamese index of consumer confidence tops the highest among Asian countries, above 90 marks. Concerning communication fittings, mobile communication equipment, telecom equipment, IP telephone program/equipment and network equipment will develop rapidly in the future. The Government and several foreign-funded groups will invest huge capital into the construction of local infrastructure.
The telecom industry is developing the fastest among all sectors in India. Meanwhile, GSM mobile communication is in the leading position in the development of telecom market. In the next few years, handset subscribers will be expanding dramatically with an expected growth rate of more than 50 percent. The figure will add up to 200 million in 2008, accounting for 75 percent of all telecom subscribers. In the past five years, the number of GSM handset users increases ten times. In virtue of great market potentials, it will take a shorter time than expected for consumers to exceed 100 million.
The Pakistani telecom industry is progressing slowly in a long period of time. However, with the deepening of its reform and innovation, the Pakistani telecom industry is recovering its vitality. At present, the rate of telephone popularization per million people is only 2.9%. Besides, the popularization rate of mobile communication is 5% which means huge market potentials in Pakistan. Currently, the Pakistani government attaches great importance to the future development of its telecommunication industry and adopts effective measures to gradually reduce control on markets.
Based on the data by the Statistical Bureau of Uzbekistan, its telecom industry is the most rapid sector in recent three years. The revenue from internet connection service, data transmission service and mobile communication operation is increasing significantly. The application of new technologies turned the telecom industry in Uzbekistan into a profitable one.
Saudi Arabia is the country whose telecom industry is developing fastest with the largest scale and huge development potentials in the Middle East. It is estimated that the total output value of handset markets will get to 7.9 billion U.S. dollars in 2007. The handset market size by 2005 reached 26 billion rial (about US$6.9 billion). In the next two decades, Saudi Arabia will bend itself to constructing an informational society and a cyber economy.
For more information visit http://www.researchandmarkets.com/reports/c62681
SOURCE: Research and Markets
CONTACT: Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax: +353-1-4100-980
Copyright Business Wire 2007
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In reply to: shortsinthesand who wrote msg# 19754 Date:5/2/2007 3:51:51 PM
Post #of 20530
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