FREEDOM 51 !!!!!!!!!!!!!!!!!!!!!!!!
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Daily chart looks like it's starting to point higher
Guess I'll be bagholding err I mean investing here too :(:(
Tell em to make their coffee stronger!!!
PLUG just can't seem to muster any strong bounces... ouch
PLUG taking at shot at 3.90
DMGS .22 x .24
DMGS looks like ask is getting thinner..
KSSH .62 x .65 slowly grinding higher
LUMN now at .09 moving higher after getting down to .059 yesterday
AVNU .025 seems to be attracting some interest... news last month
Avenue Energy Israel LTD. Receives Heletz-Kokhav License
2007-09-25 08:07 MT - News Release
NEW YORK, NY -- (MARKET WIRE) -- 09/25/07
Avenue Group, Inc. (OTCBB: AVNU) announced today that the Petroleum Commissioner of Israel has issued a license for the Heletz-Kokhav Field to its wholly owned Israel subsidiary Avenue Energy Israel LTD. ("AEI").
Discovered in 1955, The Heletz-Kokhav license, located in the south of Israel near Ashkelon, is comprised of 3 oil fields -- Heletz, Brur and Kochav -- equaling 229,600 dunam (approximately 60,000 acres). Heletz has produced 17.2 Million barrels of oil to date out of an estimated 19.1 Million barrels of primary recoverable reserves and remains the most prolific oil field discovered onshore Israel. Recovery estimates do not include secondary and tertiary recovery methods that may have the potential to significantly raise production.
Oil production in the Heletz field continued until recently by Lapidoth Ltd., which acted as a contractor for the State of Israel. Recent production has been approximately 70 BOPD from 6 producing wells.
According to the terms of the License, AEI agreed to a work program over the next 3 years that will consist of field studies, well workovers, initiating 3D seismic and the drilling of a new well. Failure by AEI in implementing the work program may cause AEI to lose the license. AEI may request the conversion of the License to a 30-year production Lease, in the event of a substantial increase in daily production that occurs as a result of the work program.
There are 53 idle wells, which AEI believes can be excellent workover candidates. There is significant infill drilling potential on the acreage as well. The field is currently developed on 80 acre spacing or greater, providing additional increased density-drilling opportunity.
Management is particularly excited about the significant development potential of secondary and tertiary recovery methods on the Heletz acreage. The Heletz sandstone, together with production from an active waterdrive, makes Heletz-Kokhav an excellent candidate for a waterflood program, as other fields with similar characteristics have had success in increasing recoverable oil reserves through such processes.
Levi Mochkin, chairman and chief executive officer of Avenue Group, stated, "Being awarded the Heletz-Kokhav License represents a transformational event for Avenue. Heletz-Kokhav, with its ability to generate near term cash flow from its base production, coupled with attendant meaningful upside, represents an excellent opportunity for Avenue and its shareholders. We also are very enthusiastic about the opportunity to significantly increase production levels at Heletz-Kokhav, thereby underscoring the significant oil and gas potential in Israel."
Highlights of the "New" Avenue Group:
* The Heletz-Kokhav field has an extensive production history with
the ability to generate near term sustainable cash flow;
* Multi-year drilling inventory;
* Excellent low risk PDNP and PUD opportunities can meaningfully ramp
production and cash flow;
* Significant development opportunities from secondary and tertiary
recovery methods;
* Target high impact possible reserves in never explored deeper horizons;
* Management estimates proforma proved reserves exceed 2 Million barrels
of oil
Heletz-Kokhav field Background
The Heletz-Kokhav license is comprised of 3 oil fields -- Heletz, Brur and Kochav -- equaling 229,600 dunam (approximately 60,000 acres), and is located approximately 55 km south of Tel Aviv and 12 km east of the Mediterranean Sea. Heletz was the first oil field discovered in the eastern Mediterranean and remains the most prolific oil field discovered onshore Israel.
The first well (Heletz 1) was drilled to a depth of 4800 feet (1515 Meters) and recognized as a producing well on 12 October 1955. Initial production was approximately 400 barrels per day; oil was 29 API. A total of 88 wells have been drilled on the Heletz field to depths ranging from 4,000 to 6,500 feet, of which 59 were producing wells with the other 29 having oil shows. Peak production occurred between 1959-1967 when daily production was between 2,500 and 4,000 barrels of oil per day ("BOPD").
Total proven reserves have been estimated at 19.1 million barrels, of which 17.2 million barrels of oil have been recovered. Recovery estimates do not include secondary, tertiary recovery methods that may have the potential to raise production; these methods have not yet been applied to the field.
ABOUT AVENUE GROUP INC
Avenue Group, Inc. (OTCBB: AVNU) through its subsidiary Avenue Energy, Inc. is engaged in the exploration and development of oil and gas reserves. Its strategy is to acquire a portfolio of oil and gas assets that include low risk oil and gas reserves internationally and the generation of low risk drilling opportunities in Appalachia and similar basins in the US.
Certain statements in this announcement including statements such as "believes," "anticipates," "expects" and all similar statements regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production may be regarded as "forward-looking statements" within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management's current view and plans, however, are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Avenue Group to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. The various uncertainties, variables, and other risks include those discussed in detail in the Company's SEC filings, including the Annual Report on Form 10-KSB, for the year ended December 31, 2006 and its Quarterly Report on Form 10-Q for the period ended June 30, 2007. Avenue Group Inc. undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.
For further information, please visit our website at www.avenuegroupinc.com or contact Levi Mochkin at (888) 612-4188 ext 4 or email IR@avenuegroupinc.com
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=586461
Contact:
Levi Mochkin
(888) 612-4188 ext 4
IR@avenuegroupinc.com
www.avenuegroupinc.com
LUMN
Lumonall, Inc. Picks Up Over One Million in Purchase Orders
2007-10-17 10:21 MT - News Release
TORONTO, ONTARIO -- (MARKET WIRE) -- 10/17/07
Lumonall, Inc. (OTCBB: LUMN), a purveyor of photoluminescent (glow-in-the-dark) safety products, with a focus on certified Exit Signs, has received commitments for over USD$1 million in purchase orders.
The orders come from the company's newly formed network of distribution partners (for a list of Lumonall(TM) distributors, please visit www.lumonall.com), and included cash deposits of approximately 25%. The pro-active move followed Lumonall's first major distributor meeting, held in Chicago, Illinois, at the end of August.
"This kind of commitment from our distributors is our first big step as a team," states Lumonall President and COO Mike Hetherman. "This is a huge market. In existing buildings alone, there are over 100 million exit signs across North America that should be replaced with Lumonall(TM) photoluminescent signs. Our products have huge implications in building safety. It's a little-known fact that fire-truck ladders don't even extend past the sixth floor of any building, making the preferred, most reliable method of escape safely lit stairwells. Lumonall(TM) products help light your way out. In the last two years, New York City implemented Local Law 26, actually requiring existing and new buildings over 75-feet tall to install PLM Safety Way Guidance Systems. The reality is that Lumonall(TM) can help save lives. It is Best by Far."
The inaugural meeting was positioned to further entrench the Lumonall(TM) message of safety, energy conservation and environmental protection in the minds of the company's 20 new sales and marketing managers. The group will presently be ready to start major metro penetration across North America.
The announcement comes on the heels of a study, jointly funded by Public Works and Government Services Canada and the National Research Council of Canada, that confirms the value and importance of PLM Safety Way Guidance Systems as an effective and improved means of evacuation in emergency conditions. Lumonall, Inc., along with two other PLM manufacturers, participated in the study. To read the report in its entirety, please visit the NRC website (www.nrc-cnrc.gc.ca).
To learn more about the energy- and life-saving benefits of photoluminescent Exit Signs and Safety Way Guidance Systems, to ask questions, or find a distributor, please visit www.lumonall.com.
About Lumonall, Inc.
Lumonall, Inc. is a global supplier of innovative photoluminescent products, with a current concentration on Exit Signs and Safety Way Guidance Systems. A supplier of "green" products and solutions, Lumonall, Inc. focuses first and foremost on Safety, Environmental issues and Cost savings.
The company leverages nearly 20 years of innovation and development in manufacturing, photoluminescent technology, and safety products. Using the company's proprietary PLM formulation, Lumonall, Inc. intends to internationally market low cost, high performance photoluminescent Exit Signs and Safety Way Guidance Systems. The company's PLM formulation meets all current building code standards.
Contacts:
Lumonall, Inc.
John Simmonds
Chairman and CEO
(905) 833-9845
(905) 833-9847 (FAX)
Email: jgs@lumonall.com
Lumonall, Inc.
Mike Hetherman
President and COO
(416) 702-8221
(905) 833-9847 (FAX)
Email: mh@lumonall.com
Website: www.lumonall.com
COWP cheap today... always seems to bounce
DNAG .01
DNAPrint Genomics to Present at Valuerich Small-Cap Financial Expo
2007-10-10 05:30 MT - News Release
SARASOTA, FL -- (MARKET WIRE) -- 10/10/07
DNAPrint Genomics, Inc. (OTCBB: DNAG) today announced that Chief Executive Officer and President Richard Gabriel will present an overview of the Company to analysts at the ValueRich Small-Cap Financial Expo on Thursday, Oct. 18, 2007 at 1:35 p.m. eastern time. The expo will be held at the W New York Hotel, 541 Lexington Avenue in New York City.
During the 20-minute presentation, Mr. Gabriel will provide an overview of the Company and discuss its goals and outlook for the future. A webcast of the presentation will be available for 180 days after the show at http://www.ivaluerich.com/expo or on the Company's website at www.dnaprint.com.
About DNAPrint Genomics, Inc.
DNAG yup coming off the bottom
THMG some more news.... I've been pretty patient with this one but it just doesn't seem it wants to move higher....
Thunder Mountain Resources Acquires 100% Interest in Historic Idaho Zinc- Silver-Lead-Copper-Gold Mine
2007-10-09 13:10 MT - News Release
ELKO, Nev., Oct. 9 /PRNewswire-FirstCall/ -- Thunder Mountain Gold, Inc. (Company) is pleased to announce that on September 27, 2007, Thunder Mountain Resources, Inc., a wholly-owned subsidiary of the Company, finalized the acquisition of South Mountain Mines, Inc.. The acquisition now provides the Company with ownership of 17 patented mining claims, totaling approximately 326 acres, located in the South Mountain Mining District, Owyhee County, Idaho.
The South Mountain Mining District was discovered and worked in the late 1800s for high-grade silver ore mined from oxidized lead-silver veins. Mineralization on the patented claims consists of skarn-hosted polymetallic sulfide ore bodies hosted in a Paleozoic and/or Mesozoic carbonate unit. The principal metals historically recovered from the South Mountain property were silver, zinc, lead, copper, and gold. The property was mined underground extensively during World War II, and smelter records for "crude ore shipments" from the mine during the periods 1940 through 1954 showed a total of 53,642 tons of ore that contained 15,593,000 pounds of zinc (14.5%), 2,562,300 pounds of lead (2.4%), 1,485,200 pounds of copper (1.4%), 566,439 ounces of silver (10.6 ounces per ton)(opt) and 3,120 ounces of gold (0.058 opt). In addition to the direct ship ore, a flotation mill operated on the property during the mid-1950s, and, although no production records exist for the mill, it is estimated that well over 20,000 tons were processed, based on the amount of tailings present.
Approximately 8,000 feet of underground workings were completed at South Mountain, most of it during the 1940s and 1950s. Two primary drift levels were developed, the Laxey Level (2000 feet long, 7145 feet amsl) and the Sonneman Level (2700 feet long, 6850 feet amsl). In addition to the two main tunnels, intermediate levels and stopes were mined. South Mountain Mines, Inc. conducted extensive exploration work in the late 1970s through the mid-1980s and expended well over three million dollars on the property. They extended the Sonneman Level approximately 1200 feet to intersect with the Texas ore zone and completed approximately 13,000 feet of underground and surface drilling. In the area of the Texas ore zone on the Sonneman Level, approximately 75 feet of high grade mineralization was intersected in by the drift where 19 chip channel samples collected by South Mountain Mines averaged 14.45% zinc, 3.98% lead, 0.17% copper, 8.17 opt silver and 0.21 opt gold.
A 43-101 compliant ore reserve has not been completed for the property. Drill spacing was not based on statistical parameters and assays were not analyzed utilizing 43-101 QA/QC standards. By the mid-1980s, South Mountain Mining felt they completed sufficient exploration to calculate in-house ore resources utilizing historic data, underground drilling, surface drilling, and underground channel sampling. They also incorporated resource calculations completed by the Defense Minerals Exploration Administration (DMEA) from the 1950s into their resources. South Mountain Mines calculated a nearly 470,000 tons (utilizing ten cubic feet per ton) with grades averaging approximately 10.0% zinc, 1.40% lead, 1.0% copper, 7.6 opt silver and 0.05 opt gold. They also completed a preliminary feasibility study, including metallurgical test work done by Dawson Metallurgical Labs in Salt Lake City, Utah.
Mineralization is open along strike and is open to depth. At least nine separate ore zones have been mined, with the Laxey ore shoot having been mined from the surface to over 800 feet down dip, or 300 feet below the Sonneman Level. The potential mineralization may be as high as two million tons when the known ore zones are projected to a depth of 300 feet below the Sonneman working level.
Prior to finalizing the Stock Purchase Agreement, the Company completed a four-month due diligence period during which time reviews of the title, potential environmental liabilities, water quality, water rights, regional geologic setting, and the extensive existing data provided by South Mountain Mines. No significant negative issues were identified, and it was recognized that the abundant reactive limestone provides a strong neutralization potential for any acid rock drainage. None of the water samples showed low pH values.
As part of their due diligence work, the Company also opened up the Laxey Level and evaluated the underground conditions and conducted a minor sampling program. A total of six chip channel and other ore samples were collected in areas of previous sample locations, and the average grade for the samples was 9.13% zinc, 2.15% copper, 1.49% lead, 11.10 opt silver and a trace of gold.
Jim Collord, President of the Company, said of the acquisition, "South Mountain represents a rare opportunity for the Company because it is a property with known continuous high-grade mineralization with a mining history, and one with a tremendous upside potential. It does not have a negative historic environmental legacy, and I am confident that, if planned properly, it can be explored and mined once again in an environmentally responsible manner. I am very happy with the exploration successes that the Thunder Mountain Team has accomplished and South Mountain demonstrates that success."
About Thunder Mountain Gold, Inc.
Thunder Mountain Gold, Inc./Thunder Mountain Resources, Inc. is an exploration company focused on the generation of precious and base metal projects in the Western United States, Mexico, and Alaska. The Company performs its own natural resource exploration and generates value for shareholders by aggressively developing high-grade, high-quality precious and base metal resources in politically stable mining regions.
This release has been reviewed and approved by Company Vice President Pete Parsley (M.Sc. and Registered Professional Geologist), and "qualified person" as that term is defined in National Instrument 43-101.
Investor Relations: Jim Collord e-mail: jim@thundermountaingold.com
Website: http://www.thundermountaingold.com
Forward-Looking Statements: Statements made which are not historical facts, such as anticipated production, exploration results, costs or sales performance are "forward-looking statements", and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals prices volatility, volatility of metals production, exploration project uncertainties, industrial minerals market conditions and project development risks. Refer to the Company's Periodic Filings for a more detailed discussion of factors that may impact expected future results. Thunder Mountain Gold undertakes no obligation to publicly update or revise any forward-looking statements.
Cautionary Note to Investors -- The United States Securities and Exchange Commission ("SEC") permits mining companies, in their filings with the SEC, to disclose only those mineral deposits with a reserve that a company can economically and legally extract or produce.
Thunder Mountain Gold, Inc.
CONTACT: Investors, Jim Collord of Thunder Mountain Gold, Inc.,
+1-775-771-2699, jim@thundermountaingold.com
Web site: http://www.thundermountaingold.com//
TGFN .04 x .045 nice well structured tightly held shell with cash. Some cheap stock for sale............
HNTM .55 moving higher on application for TSX.V listing
DEF 14C http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5466193
APVE .016 x .02 abnormal volume
PVNC .045 x .05 showing some unsual volume
PROL Explores Solar & Wind Power Alternative Energy; Feasibility & Exploration Studies in the Batan Coal Rich Island & Calatrava Crude Oil Rich Land
Ticker Symbol: U:PROL U:PAIM
MANILA, Philippines -- (Business Wire) --
Philippines Royal Oil & Alternative Energy Co., Inc. (OTC:PROL)
also known as PhilOil announces that it has considered the exploration
of other alternative energy that can transform water and wind into
electrical energy supply and challenges into sustainable undertakings.
¶ A representative of a German Solar/Wind Power Energy Co., Mr. Ed
Sangue, an expert in the feasibility study, construction and
installation of solar and wind energy, is working on a possibility of
a joint venture with Philippines Royal Oil. On October 4, 2007, Mr.
Sangue and President for Mindanao Operations Manolo Tecson of Pearl
Asian Mining (PAIM) visited Gango mine site for the first possible
location of this alternative energy project.
¶ PROL will become the main distributor of this alternative energy
in the country once the joint venture between this German Company and
the Philippines Royal Oil is completed. PhilOil will be able to
construct a solar and wind energy power plant to supply electricity to
run the Gold Processing Plants for the Gango Gold Rush Mine Site and
the Masbate XYZ Mine Site of Pearl Asian Mining Company.
¶ Furthermore, Engr. Bernardo and his team again visited the rich
coal island of Batan in order to determine the costs involved in
developing this coal project. This includes the manpower requirements,
the hauling costs from the mine site to the barge loading area, the
availability of barge/tug boat having a capacity of 3,500 tons of coal
per trip. Further discussions are now made for the finalization and
completion of the feasibility studies, in order to start the operation
in the Batan Island Coal Mine Project.
¶ Another ambitious undertaking for Engr. Bernardo, a very
experienced mechanical engineer, is to design a coal fired power plant
to supply the electrical power requirements both for the XYZ Mine Site
and the Gango Gold Rush Mine Site of Pearl Asian Mining (Stock Symbol:
PAIM).
¶ PhilOil will continue the feasibility and exploration activities
with the Mondarte Family of Calatrava Negros Occidental. Engr.
Bernardo is preparing a feasibility study on the possibility of
refining crude oil and intends to make PhilOil the oil distributor for
the whole Philippines Island as well.
¶ Moreover, Philippines Royal Oil & Alternative Energy Co., Inc.,
commonly known as PHILOIL hires the professional services of Jordan
Richard Assoc., LLC- The new professional Investor Relations Company
to start on October 10, 2007.
¶ "The new management team of PROL is envisioning to become the
model and distributor of this solar and wind energy, as the source of
electric power in our own gold mine sites in Bukidnon and Masbate
Island," stated President/COO Ricardo Bernardo.
¶ FORWARD STATEMENTS;
¶ Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
performance or achievements to differ materially from the anticipated
results, performance or achievements expressed or implied by such
forward-looking statements. Forward-looking statements in this release
include statements regarding the Company's projections regarding gold
production in future periods. Factors that could cause actual results
to differ materially from anticipated results include risks and
uncertainties such as: risks relating to estimates of reserves,
mineral deposits and production costs; mining and development risks;
the risk of commodity price fluctuations; political and regulatory
risks; risks of obtaining required operating permits and other risks
and uncertainties. Penny Stocks are very highly speculative and may be
unsuitable for all but very aggressive investors. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.Contacts:
Philippines Royal Oil & Alternative Energy Co., Inc.
(Formerly Philippines Gold Mining Corp.)
Investor Relations:
Alice Navas, 678-570-6538 (USA)
Fax: 877-317-4430
pgmc88@hotmail.com
www.philippinesroyaloil.comNo message is selected
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SDON .22 x .25 hmmmmm
TRIT looks like it's not dead yet, be interesting to see what happens next.........
13:40 10/4/2007 TRIT Triden Telecom Inc Common Stock TRTM Triden Telecom Inc New Common Stock 1-200 R/S
SDON .19 perking up again today
ZAXS still attracting attention.... interesting post probably b.s. but it seems to be attracting buying in any event
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23351644
ZAXS it's climbing slowly on low but well above volume... perhaps something happening in regards to some deal being put into the shell ?? Buyers stepped to the plate for almost 700,000 shares over the last week or two hmmm....
ZAXS .03 x .04 now
ZAXS .028 x .03 moving higher on steady accumulation in recent days
WHD-V looks like morning trades getting cancelled.....
PVNC .04 x.045
Prevention Insurance Announces Increase in ATM Sales and That the Merger Is on Track
2007-09-19 11:34 ET - News Release
LAS VEGAS, NV -- (MARKET WIRE) -- 09/19/07
Prevention Insurance (OTCBB: PVNC) announces that Quick Pay, Prevention's ATM Sales Division, doubled sales in Q1, 2007 to $41,167. Sales were $20,923 for Q1, 2006. The increase was due the implementation of a new marketing campaign. The ATMs have been popular with a variety of convenience stores and lounges.
Also, Prevention announces that a meeting with Shenyin Developing Company representatives is scheduled for the 26th of September to go over the definitive agreement and the most recent financials. Pending approval from both parties, Prevention will call for a special meeting of the board of directors for consideration. Shenyin Developing Company is a pulp, paper, stationary, and fine furniture manufacturing company in China with revenues in excess of $20 million in the paper division alone. The furniture manufacturing division has a high growth niche, producing fine furniture for yachts. Mr. Scott Goldsmith, CEO of Prevention, commented that "the merger would offer an opportunity for both companies to extend their market reach and improve their access to capital."
About Prevention Insurance:
Prevention Insurance is a public insurance holding company that is in negotiations to merge with opportunities that will help the company expand into the global markets.
Safe Harbor Statement:
Forward-looking statements and comments in this news release are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements regarding potential future plans and objectives of Prevention Insurance are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond Prevention Insurance's control. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially depending on many factors, including those described above. Prevention Insurance cautions that historical results are not necessarily indicative of the company's future performance.
Contact:
Prevention Insurance
Scott Goldsmith
(702) 732-2758
Email Contact
YUP owned a couple of million here as well.. Even though I sold most in the .30 -.50 range i'm shedding a few tears looking at it today..........
ABCC 1.50 x 2.00
KTWO finally...
NAME/SYMBOL CHANGES
DL DATE DATE OLD SYMBOL/NAME NEW SYMBOL/NAME
9/7/2007 9/10/2007 KTWO K2 Digital, Inc. Common Stock ABCC Accelerated Building Concepts Corporation Common Stock
Must be a REAL slow day..........
PNHD .15 x .18
OPENLiMiT Announces Name Change, Reverse Split and New Symbol
2007-08-24 16:05 ET - News Release
Also News Release (U-SVSA)
BAAR, Switzerland -- (Business Wire)
OPENLiMiT, Inc. today announced that its trading symbol on the Over the Counter Bulletin Board “OPLM” will change to “SVSA” effective at the open of business on August 27, 2007 to reflect a name change to “SunVesta, Inc.” and a reverse split consolidation of common stock on a 50:1 basis. The name change and reverse split are to be effected in connection with the terms and conditions of the agreement to acquire ZAG Holdings AG, which transaction is expected to close on August 27, 2007.
The consolidation of OPENLiMiT, Inc. common stock reflects a reverse split of fifty (50) old common shares for each one (1) new common share held at the close of business on August 24, 2007.
ZAG, based in Zug, Switzerland, is focused on identifying, purchasing, financing, developing and marketing luxury real estate tied to the international hospitality industry. ZAG is finalizing the acquisition of 8.5 hectares of prime property located in Guanacaste, Costa Rica, as the site for the development of a USD $120 million luxury resort and spa hotel, slated to open in November of 2009. ZAG is also seeking to identify other promising hospitality properties in emerging tourism markets that could suit its business model.
Forward Looking Statements
A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, and uncertainties related to the development of OPENLiMiT, Inc’s business model. The actual results that OPENLiMiT, Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. OPENLiMiT, Inc. encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. OPENLiMiT, Inc.’s public filings may be viewed at www.sec.gov.
Contacts:
OPENLiMiT, Inc.
Henry Dattler, +41 (41) 560 10 23
or
ZAG Holding AG
Thomas Meier, +41 (41) 723 23 44
Source: OPENLiMiT, Inc.
MLOBF $1.75 another nice earnings report....
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5383196
Robert Xu appointed CEO of Global Vision Holdings Inc GVHL
2007-06-28 08:30 ET - News Release
TORONTO, June 28 /PRNewswire-FirstCall/ - Global Vision Holdings, Inc. (GLOBAL) (GVHL:PK), a public listed company incorporated in the State of Nevada, today announced the appointment of Robert Xu as the new CEO.
A veteran in the information technology industry, Mr. Xu has spent most of his professional life in the United States developing specialized software packages. Besides being an IT professional, Mr. Xu has also been an entrepreneur having co-founded ChinaMallUSA.com, a NASDAQ listed company. He was the Chief Technology Officer with the company, in charge of R &D, system development, implementation and strategic management.
Mr. Xu has Masters Degree in Mathematics and a second Masters in Computer Science. Besides being a entrepreneur and IT professional, Mr. Xu has authored numerous publications such as How to do Business with New York City (ISBN 0-9663231-0-6); A Generalization of the Mean-value Theorem (Math. Review); and Notes to Bernstein's Polynomials on Infinite Interval (Journal of Jiangxi Normal University).
Mr. Xu's background hails him as a strategist with keen initiatives and innovative ideas. Global has a number of new and exciting projects in development which will be announced shortly.
About Global Vision Holdings, Inc.
Global is a publicly traded Company on the Pink Sheets. It is in the process of acquiring and developing a closed loop payment system for the Chinese market. Closed loop payments involve debit cards and/or online payment services backed by a member bank together with a participating merchant in order for the end user to use the system.
It is similar to "Pay Pal" or "iKobo". However, these 2 systems are commonly known as "open loop online payment systems" and therefore do not require the use of bank accounts from participating banks to function. Although they are very convenient for consumers, they are prone to online fraud. Closed loop systems are the only type currently allowed in China.
Safe Harbour Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbour' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, acceptance of Global Vision Holdings products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Global Vision Holdings' periodic reports filed with the regulatory authorities.
Global Vision Holdings, Inc.
CONTACT: Global Vision Holdings, Inc., Investor Relations: (416) 619-0397,
gvhlcorp@gmail.com
Conmed Healthcare Management, Inc. Announces Long-Term $46 Million Agreement with the Baltimore County Detention Center
2007-06-27 21:45 ET - News Release
LA PLATA, Md. -- (Business Wire)
Conmed Healthcare Management, Inc. (OTCBB: CMHM) announced the execution of a long-term medical service agreement with the Baltimore County Detention Center in Baltimore County, Maryland generating approximately $5.57 million per year or $46.1 million in total revenue over the next eight years and three months. The Agreement is retroactive to September 15, 2006, ends on September 14, 2009, and is renewable thereafter for up to six years, in two three-year increments.
Prior to executing the Agreement, Conmed had been providing medical and other services to the Baltimore County Detention Center on an interim transition basis. The new contract is to provide medical, mental health, dental and other specialty care, plus related services. Annual revenue payable to Conmed under the Agreement is subject to automatic yearly increases and monthly adjustments based on increases in inmate population.
Dr. Richard W. Turner, President and CEO of Conmed stated, “We began providing medical services to the Baltimore County Detention Center beginning September 15, 2006 on an interim basis while final contractual arrangements were negotiated. It is most gratifying to have completed this contract and have this interim period behind us. At $5.7 million annually this is our largest contract and represented nearly 25% of our total revenue on a proforma basis in the first quarter of 2007.”
About Conmed
Conmed has provided correctional healthcare services since 1984, beginning in the state of Maryland, and currently services 20 detention centers and facilities at the county level throughout the United States. Conmed’s services have expanded to include mental health, pharmacy and out-of-facility healthcare services.
Forward Looking Statements
This press release may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements with respect to the company’s plans, objectives, expectations and intentions; and (ii) other statements identified by words such as “may”, “could”, “would”, “should”, “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties including those contained in its public filings. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company’s control) including, without limitation, the Company’s ability to increase revenue and to continue to obtain contract renewals and extensions including the renewal of the Baltimore County agreement.
Contacts:
Conmed Healthcare Management, Inc.
Thomas W. Fry, 301-609-8460
Chief Financial Officer
tfry@conmed-inc.com
Source: Conmed Healthcare Management, Inc.
GVHL
Robert Xu appointed CEO of Global Vision Holdings Inc GVHL
2007-06-28 08:30 ET - News Release
TORONTO, June 28 /PRNewswire-FirstCall/ - Global Vision Holdings, Inc. (GLOBAL) (GVHL:PK), a public listed company incorporated in the State of Nevada, today announced the appointment of Robert Xu as the new CEO.
A veteran in the information technology industry, Mr. Xu has spent most of his professional life in the United States developing specialized software packages. Besides being an IT professional, Mr. Xu has also been an entrepreneur having co-founded ChinaMallUSA.com, a NASDAQ listed company. He was the Chief Technology Officer with the company, in charge of R &D, system development, implementation and strategic management.
Mr. Xu has Masters Degree in Mathematics and a second Masters in Computer Science. Besides being a entrepreneur and IT professional, Mr. Xu has authored numerous publications such as How to do Business with New York City (ISBN 0-9663231-0-6); A Generalization of the Mean-value Theorem (Math. Review); and Notes to Bernstein's Polynomials on Infinite Interval (Journal of Jiangxi Normal University).
Mr. Xu's background hails him as a strategist with keen initiatives and innovative ideas. Global has a number of new and exciting projects in development which will be announced shortly.
About Global Vision Holdings, Inc.
Global is a publicly traded Company on the Pink Sheets. It is in the process of acquiring and developing a closed loop payment system for the Chinese market. Closed loop payments involve debit cards and/or online payment services backed by a member bank together with a participating merchant in order for the end user to use the system.
It is similar to "Pay Pal" or "iKobo". However, these 2 systems are commonly known as "open loop online payment systems" and therefore do not require the use of bank accounts from participating banks to function. Although they are very convenient for consumers, they are prone to online fraud. Closed loop systems are the only type currently allowed in China.
Safe Harbour Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbour' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, acceptance of Global Vision Holdings products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Global Vision Holdings' periodic reports filed with the regulatory authorities.
Global Vision Holdings, Inc.
CONTACT: Global Vision Holdings, Inc., Investor Relations: (416) 619-0397,
gvhlcorp@gmail.com