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SBTG (.0001) has news ....
Press Release Source: SkyBridge Technology Group, Inc.
SkyBridge Technology Group, Inc. ''SBTG'' Announces Its Subsidiary (Sierra Pacific Aviation, Inc) Has Signed Up With Utah Valley State College to Provide Aviation Science Degrees
Monday January 22, 9:00 am ET
LAS VEGAS--(BUSINESS WIRE)--SkyBridge Technology Group, Inc. (OTC:SBTG - News) Board of Directors has announced today that its wholly owned subsidiary, Sierra Pacific Aviation Inc., has signed up with Utah Valley State College to provide both two and four year accredited AS & BS Aviation Science degrees with an emphasis on Professional Pilot training. This unique program allows students to earn their degree while gaining their flight experience at Sierra Pacific. Further since the program is fully accredited, students are able to get financial aid available to accredited colleges and universities. "This is in outstanding opportunity for us and UVSC, we are looking to work with UVSC to develop masters degree level programs and courses, and we be intend to establish an annual scholarship program available to our students that are enrolled in UVSC," stated Brent Neville, President of Sierra Pacific.
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Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of SBTG officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
Contact:
SkyBridge Technology Group, Inc., Las Vegas
James Wheeler, Chairman & CEO, 702-897-8704
info@sbtginc.com or investor@sbtginc.com
http://www.sbtginc.com
or
Sierra Pacific Aviation
http://www.sierrapacificaviation.com
--------------------------------------------------------------------------------
Source: SkyBridge Technology Group, Inc.
Good post JJ.
I feel a nosebleed coming on
Well, calm down ... we just do this stuff to entertain ourselves. Most of us still think OTC is where we get cheap drugs. Just joking ya, good luck lol.
NAXM? is that a word or what?
Uhoh this is how the world will end - bush and some other nuclear power will get in a fight over who has the best penny stock.
TNSX (.09) ... HOD .13 ... if you can get in here ....
TNSX (.12) up 85% on news ... float only 32M...
Press Release Source: Transax International
Transax International Signs $5.9 Million Letter of Intent to Sell MedLink Subsidiary and Related Intellectual Property
Friday January 19, 9:38 am ET
Transax to Retain IP Rights for the USA Market
Company Significantly Increases Cash Position, To Eliminate Outstanding Debt
MIAMI, FL--(MARKET WIRE)--Jan 19, 2007 -- Transax International Limited (Transax) (OTC BB:TNSX.OB - News), a network solutions company for healthcare providers and health insurance companies, today announced that it has signed a Letter of Intent with CBGS -- Gestão e Processamento de Infomacões de Saúde Ltda. ("CBGS") to sell its wholly owned Brazil subsidiary Medlink Conectividade em Saúde Ltda. ("Medlink") and related intellectual property held by its subsidiary Medlink Technologies, Inc. for 12.625 million Brazilian Reais (U.S. $5.9 million).
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CBGS is a company created to provide technology services to companies operating in the health sector in Brazil. CBGS is a subsidiary of Companhia Brasileira de Meios de Pagamento ("CBMP"). CBMP is the leading credit card payment processor in Brazil.
Under specific terms of the Letter of Intent CBGS will pay all cash and retain operating control of Medlink's assets and intellectual property rights in Brazil. The transaction is subject to operating, financial and legal due diligence, any closing balance sheet adjustments, and signing of definitive agreements which both parties anticipate completing by February 28, 2007.
Stephen Walters, President & CEO of Transax, commented, "We are pleased to have been able to reach an agreement with CBGS in monetizing our Brazilian operations. Transax will continue to retain certain licensing rights outside of Latin America and IP rights for the USA market at no cost. This transaction will also significantly strengthen our Balance Sheet. As a result we intend to pay off all outstanding debts, including the $1.6 million preferred equity investment by Cornell Capital, as well as drastically increasing our cash position. Additionally, we will evaluate future business opportunities and update investors as warranted."
About Transax International Limited
Transax is an emerging network solutions provider for the healthcare sector. Utilizing its proprietary MedLink(TM) technology, Transax provides a service similar to credit card processing for the health insurance and providers industries. A Transax transaction consists of: approving eligibility, authorization, auto-adjudication of the health claim and generating the claim payable files -- provided instantaneously in "real time" -- regardless of method of claim generation. Transax's solutions have been proven to significantly decrease health insurance claim expenditures and healthcare provider costs. Based in Miami, Fl, Transax maintains a major operations office in Rio de Janeiro, Brazil with approximately 36 staff. The Company has contracts in place with major health insurers in Brazil for up to 2,500,000 transactions per month and currently undertakes approximately 700,000 transactions per month, for which Transax receives approximately $0.55 cents per transaction.
About CBGS - Gestão e Processamento de Infomacões de Saúde Ltda.
CBGS is a company founded in 2006 by Companhia Brasileira de Meios de Pagamento ("CBMP") with the objective to explore technology services to companies operating in the health sector. CBMP is owned by a consortium of Brazilian banks and is the leading credit card processor in Brazil.
SAFE HARBOR STATEMENT: "THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN."
Contact:
Contacts:
David Sasso
Vice President - Investor Relations & Corporate Communications
305.629.3090
Email Contact
http://www.transax.com
Andrew Barwicki
Tel: 516-662-9461
--------------------------------------------------------------------------------
Source: Transax International
TNSX (.12) Up 85% on news, slight pullback now ... float only 32M
TNSX (.12) Up 85% on news, slight pullback now
TNSX (.13)
TNSX (.10) up over 50%
TNSX (.095) on news ... low float
ATLJ ... Today's news explains why it went bi-polar yesterday ... was as high as .005 at one point.
SGCP (.15) making a nice move, up 30% today.
good enuff ... can't argue w success.
NXAM ... You sure this is a good thing? Maybe could be a request to deregister? I don't know, I'm just asking.
"To deregister, a firm files Form 15-12G (Securities Registration Termination) with the SEC stating its intent to deregister, usually by a certain date. Once that date arrives, the stock exchange or NASDAQ prohibits future trading in the shares."
ATLJ (.0025) Up 47%. It's been all over the place this morning, up nearly 200% earlier. HOD .005, Volume extremely high.
ATLJ (.0035) Up 105%, coming off of lows, moves fast. HOD .005
ATLJ ... Yep up 135%, moves fast on little volume.
ATLJ (.004) Back up 135%, moves fast on little volume.
ATLJ (.0025) strong pullback, up only 47% now.
ATLJ (.0044) slight pullback (up 158%).
ATLJ (.0045) Up 164%, slight pullback now.
ATLJ on fire, coming off of lows. Up 194%.
soup, I'm just saying that the Citation deal kind of put them on the map with talk about $1.00/shr consideration and now they seem to be putting it on the back burner, so I'd be a little careful. Good luck.
AQUA ... Today's PR downplayed the Citation deal.
"AquaCell had previously announced the signing of a letter of intent to acquire Citation Publishing, Inc., an internet publisher of government information of interest primarily to Environment, Health and Safety compliance professionals. "While in no way have we lessened our future interest in Citation," said Kevin Spence, "we will be concentrating our full-time efforts in the near-term in getting the Sky acquisition closed. Sky's size, profitability and compelling industry nature has completely re-focused our acquisition priorities," said Spence."
Thanks, looks like local connection problems (COX).
ATRADE on downers again this morning?
GTEC (.172) 450% increase in total assets, increase in net income from (.06) to .03
AVXN (.025) up in premarket. Late news yesterday to reduce the float by 42%.
AVXN (.025) late news yesterday to reduce the float by 42%, should resume this morn.
EXBY .03 Up 215% on the day.
AVXN .022 HOD looking good on float reduction news
EXBY .019 Up 80% on the day, nice volume.
SLJB (.006) up 50% today.
Great catch on WLSA JJ.
WHKA (.025) up 150% from 2 days ago ...
http://www.pinksheets.com/quote/chart.jsp?symbol=WHKA&duration=2-6-8-0-0-51
PGNF ... I forgot the visual aid.
http://www.pinksheets.com/quote/chart.jsp?symbol=PGNF&duration=2-6-8-0-0-51
PGNF .04 More good news this morn, Good-looking chart and Volume picking up.