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in DNAG on news.
YW! .0023 x .0024 now :)
Nice! CWRM @ .0017 x.0018 now.
Saw that too. I'm watching it.
watching CWRM on news:
Cotton & Western Mining, Inc. -- CWRM Projects 2008 Revenues to Exceed $100 Million
HOUSTON, TX, Feb 01, 2008 (MARKET WIRE via COMTEX) -- Cotton & Western Mining, Inc. (PINKSHEETS: CWRM), Robert L. Cotton, President & C.E.O. of Houston-based Cotton & Western Mining, said today that the company is expecting to get at minimum six months production from its Baja California new iron and copper ore production in year 2008 and with metal mineral prices at all time highs, only 60,000 dry metric tons of copper ore and 900,000 dry metric tons of iron ores would be needed to exceed $100,000,000.00 in gross revenues.
The company anticipates production of crude iron and crude copper ore to begin no later than June, 2008 with modest expectations for production of ores.
The company has received several offers within the last few weeks for off-take agreements for both the iron ore and copper ore production from its Baja Pacific No. 5 mineral deposit. Bench mark pricing for the first quarter of 2008 for raw crude iron ore in fines at minimum 64.5% Fe is $62.00 F.O.B. per each dry metric ton and bench mark pricing for the first quarter of 2008 for raw crude copper ore in lump at minimum 28% Cu is $1,350.00 C.I.F. per each dry metric ton. The company is planning on setting up production of copper ore at 10,000 DMT per month and production for iron ore fines will be set at 150,000 DMT per month.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact:
Cotton & Western Mining, Inc.
363 North Sam Houston Parkway East
Suite 1100
Houston, Texas 77060 USA
www.cottonwestern.com
+1(281)820-7815
LOL.
Saw it and tried to chase up to .005 but it moved too fast.
GM All.
.0002 x .0003 (1 x 2)
played PWRC from .005 to .01
Nice bounce on STIY. Picked up some VTCH.
I was just about to ask that. Don't see no B/A on Alpha.
same with DBTX
Thanks. eom
PRCC .09 x .14 now - up 42% on very little volume.
Nice. TEVI .22 x .26 now. My entry was .01! All out now but looks like it will climb higher.
Yep. .55 x .60 - UP 69%
GM Dancy.
MDOR( 0.33) Magnum D'Or Resources Signs 5-year $91,200,000.00 USD Agreement with National Sales & Supply for Rubber Buffings
Wednesday, January 30 2008 8:00 AM, EST Business Wire "US Press Releases "
FORT LAUDERDALE, Fla .--(BUSINESS WIRE)--
Magnum D'Or Resources, Inc. (OTCBB:MDOR) (Magnum) announces the signing and closing of a 5 year, $91,200,000.00 ( $18,240,000.00 annually) contract, with National Sales & Supply ( NSS, LLC .) for rubber buffings effective immediately.
This signed agreement between Magnum and Bensalem, PA based National Sales & Supply is for rubber buffings. Magnum will operate in such capacity to process tires and rubber chips in to usable goods such as buffings.
Joseph Glusic, President of Magnum stated, "We are now accelerating our multi-phase business plan that will include our own production facilities, joint ventures, and sub-license of proprietary technology to qualified groups. With contract in-hand we are now able to seek the capital funding required to meet our rapid growth projections in the "Green" market. The interest in our technology has been staggering to date."
Magnum, through Spreelast, owns licensing rights and technology to a number of patents for Devulcanising rubber, production of EPDM powders, and EPDM compounds that could potentially revolutionize the rubber recycling industry in the U.S., Canada , and China .
NSS, LLC is a leading manufacturer and distributor of rubber landscaping products including; rubber mulch, rubber timber, benches, stepping stones, pavers, flower beds, pathways, pool & pond borders, and playground safety surfacing products including flex curbs, rubber ground fill, swing safe mats, rubber safety tiles, walk & roll mats.
National Sales & Supply Home page http://www.nsalessupply.com/index.htm and to view Rubber Mulch http://www.national-mulch.com/
Magnum is rapidly expanding to become a Global Leader in the Recycling industry by providing: Turnkey Recycling Plants, Operational Assistance, Consulting Resources, Waste Management Solutions, and Heavy Equipment Supplies such as shredders, granulators, and various machinery for reclaiming and utilizing raw materials. Magnum will also continue as an 'incubator' for businesses seeking to expand in the public venue through acquisitions and partnerships.
Safe Harbor Statement under the Private Securities Litigation Reform Act Of 1995:
Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
Source: Magnum D'Or Resources, Inc.
PRCC.ob ( .07 )Pricester.com to Acquire Solar Energy Development Company Genesis Electronics, Inc.
Business Wire "US Press Releases "
HOLLYWOOD, Fla .--(BUSINESS WIRE)--
Pricester.com, Inc. (OTCBB:PRCC), an Internet marketing and technology company, announced that a letter of intent was signed to acquire 100% of Genesis Electronics, Inc. Genesis, headquartered in Norwalk, Connecticut , is a high technology company, focusing on consumer applications for solar energy and alternative energy sources.
Genesis holds a U.S. patent for the design of a solar powered cell phone charger and has contracted with a Chinese manufacturer for production.
Pricester President & CEO, Edward Dillon, and Genesis CEO, Robert Unnold, agreed that the companies are a perfect fit. Mr. Unnold commented, "Pricester's technological and financial backing can further Genesis' growth." Mr. Unnold and team will continue Genesis' operations, guided by Pricester's Board of Directors, particularly Phil Thomas, Pricester's CTO and former Chief Technical Officer of AT&T - GIS.
Raymond Purdon, Pricester's Chairman, added, "Acquiring complimentary companies like Genesis meets our overall strategy to create increased value for Pricester's shareholders."
About Pricester.com
Pricester.com, an e-commerce company, engages in Internet marketing, related technology, and operates an Internet shopping portal providing services for businesses to establish online presences. www.Pricester.com, an Internet marketplace, allows vendors to host websites with product and service listings with consumer search capability.
Forward Looking Statements
Except for historical matters contained herein, matters discussed in this release are forward-looking and are made pursuant to the safe harbor provisions of the 1995 Private Securities Litigation Reform Act. Investors are cautioned that these statements reflect numerous assumptions and involve risks and uncertainties that may affect Pricester.com, Inc., its business and prospects, and cause actual results to differ materially from these statements. Among these factors are Pricester.com, Inc.'s operations; competition; entry barriers; relationship reliance; technological changes; website demand; introduction of new systems; vendors pricing; supply of software.
In light of risks and uncertainties in these forward-looking statements, they should not be regarded as a representation by Pricester.com, Inc. or any other person that the projected results, objectives or plans will be achieved. Pricester.com, Inc. undertakes no obligation to revise or update these statements to reflect events or circumstances after the date hereof.
Source: Pricester.com, Inc.
Avatar Systems, Inc. Wins Highly Competitive $1.2 Million Contract
Jan 30, 2008 8:00:00 AM
FRISCO, TX -- (MARKET WIRE) -- 01/30/08 -- Avatar Systems, Inc. (PINKSHEETS: AVSY), in December 2007, was awarded a highly competitive contract with a large Oil & Gas Management company based in Dallas, Texas.
Chuck Shreve, President and Chief Executive Officer of Avatar Systems, Inc. commented, "This is a significant win for us. We have gone head-to-head with most of our major competitors in a rigorous selection process and demonstrated that our software is the most effective and easiest to use in a heavy transaction processing environment for this customer. Our product innovation and superiority have been recognized by very knowledgeable audiences from the oil and gas industry. This contract represents a large contract for Avatar Systems and the addition of such a significant client is another milestone for our company."
The Avatar 400 Energy Solution is capable of performing the intensive transaction processing required by the customer. Shreve added, "The Avatar 400 Energy Solution on the IBM AS/400 iSeries was the perfect solution and cut the customer's processing time for millions of transactions per month. Simply put, that's why we won the contract. We now have the honor of being awarded this high profile contract to go with our previous best in class client base of almost 700 customers."
Strong fourth quarter sales and this latest large contract demonstrate that Avatar is a leader in offering Oil and Gas software solutions. The company's products and service offerings continue to gain market share as it executes a growth strategy including strategic acquisitions. "We have developed and acquired a strong product mix and can be competitive on any level for upstream oil and gas companies," says Shreve. The sale will result in additional revenues recognized in both 2007 and 2008 fiscal years.
Avatar Systems' Headquarters are in Frisco, Texas, USA with branch offices in Midland and Tyler, TX. The Company provides ERP / Accounting Software and Computing Infrastructure Solutions for companies engaged in the petroleum exploration and production industry. Avatar has a growing customer base on its Petroware2000(TM), Integra Energy(TM) products for Microsoft Windows, Avatar400(TM) on the IBM AS400 platform, and subscribers utilizing its Software as a Service (SaaS) On-Demand ASP services. Avatar's products and services provide an excellent resource for critical information management requirements of the petroleum industry. Avatar also provides document imaging, workflow and business process management as well as disaster recovery and remote backup services for all vertical markets.
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact:
Chad P. Statham
Director of Sales & Marketing
Avatar Systems, Inc.
(972) 720-1800 x127
(972) 989-3355 mobile
Oncology Med Enters Into Letter of Intent to Acquire Medical/Radiation Company Which Has Gross Revenues of $2,800,000.00
Wednesday January 30, 7:00 am ET
Upon the Closing, Oncology Med Will Have an Annual Revenue Run Rate of $5,000,000.00
PITTSBURGH, PA--(MARKET WIRE)--Jan 30, 2008 -- Oncology Med, Inc. (Other OTC:ONCO.PK - News) a Pittsburgh based cancer treatment solutions group, announced today that it has entered into a letter of intent to acquire a synergistic company in the field of physics and radiation that has annual revenues of $2,800,000.00, operates on a national scale, and is profitable. Upon the closing of this acquisition, which is subject to due diligence review by both parties and the execution of definitive agreements of purchase, the combined entity will have an annual revenue run rate of $5,000,000.00. The Company is prevented from announcing the name of the acquisition candidate until the completion of the due diligence period and execution of a definitive agreement of purchase.
ADVERTISEMENT
According to William Walker, Ph.D., Oncology Med's CEO and founder, "We are extremely excited about the agreement we have entered into to acquire this company and intend to move diligently and expediently toward a closing which we expect to occur on or about May 2008. The company is a leader in their field and presents many cross marketing opportunities for us. The management has a pristine reputation and credentials and will be a great addition to the Oncology Med team. I believe this will be one of many acquisitions that we will pursue. As always our plan is to take advantage of our organic growth in addition to exciting and accretive acquisitions."
About Oncology Med, Inc.
Oncology Med is a public company engaged in the fulfillment of services related to the treatment of various cancers. It currently provides analysis and design of radiation treatment plans in order for radiation oncologists to administer radiation treatments to cancer patients. Current services facilitate radiation treatment programs ranging from external beam radiation to more advanced radiation treatment technologies.
More information about Oncology Med, Inc. can be found at www.oncologymed.com.
Another TCLT AH PR:
Techalt, Inc. Merger Partner EV Parts, Inc. Announces Sponsorship of National Electric Drag Racing Association
Tuesday January 29, 6:44 pm ET
SEATTLE--(BUSINESS WIRE)--Techalt, Inc. (Pink Sheets:TCLT - News) ("Techalt" or the "Company") announced today that its merger partner, EV Parts, Inc. (“EV Parts”), an online supplier of electric vehicle parts and components, has announced that EV Parts will continue to be a leading sponsor of the National Electric Drag Racing Association (“NEDRA”).
ADVERTISEMENT
EV Parts’ President, Roderick Wilde, stated, “As the past President and current Marketing Director of NEDRA, I could not think of a better branding and highlighting for EV Parts and the industry than being a 'premier' sponsor.”
NEDRA exists to increase public awareness of electric vehicle (EV) performance and to encourage advances in EV technology through competition. NEDRA achieves this by organizing and sanctioning safe, silent and exciting EV drag racing events. NEDRA is made up of a coalition of drag racing fans, electric drag racing vehicle owners and drivers, EV parts suppliers and manufacturers, and other environmentally concerned companies and individuals who are also interested in promoting the sport of EV drag racing.
Tom True, EV Parts’ Chief Executive Officer, commented, “NEDRA represents the heart and soul of what we do for a hobby we love. We also learn valuable information and modifications from these brain pooling events that goes into the products we develop and sell and to new ideas for the future. I wouldn’t be surprised to see our EV Parts’ race cars smoking up the tracks this year!”
EV Parts will soon be featured on “Mean Green Machines”, a new show airing on the Discovery Channel. The broadcasting schedule will be announced shortly.
EV Parts’ President, Roderick Wilde, is also actively involved in promoting all forms of alternative transportation as the Director of Environmental Transportation Options, an organization dedicated to encouraging the use of alternative forms of transportation (www.etoptions.org).
EV Parts, Inc. is an online supplier of electric vehicle parts and components and has been selling products in the Robotic/Electrathon, Industrial, Personal Mobility, Marine/RV, and Renewable Energy markets. EV Parts’ merger with Techalt, Inc. is expected to close on or before March 18, 2008.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe," "expect," "intend," "anticipate," "project," or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) managing acquisitions and expansion of operations; (2) obtaining necessary financing and managing existing debt; (3) completing the investigation, acquisition and integration of new business opportunities; (4) complying with federal, state and local government and international regulations; and (5) other factors over which we have little or no control.
Contact:
Techalt, Inc., Seattle
Media & Investor Relations:
Joseph J. Malone, 786-375-0556
Information@EquityDigest.com
www.EquityDigest.com
It's probably a phishing email. I get those too. Never click on the link in those emails.
ERUC .0095 x .01 now.
Gapping .009 x .0095
WIFM(1.05)WiFiMed Holdings Signs Letter of Intent to Acquire Established Specialty Pharmacy Services Company
Tuesday, January 29 2008 8:43 AM, EST Business Wire "US Press Releases "
ATLANTA --(BUSINESS WIRE)--
WiFiMed Holdings Company, Inc. ("WiFiMed Holdings") (OTCBB:WIFM), a leading provider of physician workflow solutions, announced today that it has signed a nonbinding Letter of Intent to acquire a well established specialty pharmacy services company based on the West Coast. The acquisition is expected to be completed in the second quarter of 2008, subject to due diligence, negotiation of a definitive agreement, arrangement of financing, and other standard closing conditions.
This particular specialty pharmacy services company has a solid 23-year history and has evolved as a premier provider of niche biotechnical pharmacy prescription services, home infusion therapy and home healthcare services, including a critical care home ventilator program, oxygen, enteral therapy, durable medical equipment and disposable medical supplies. With a compounded annual growth rate (CAGR) of over 15% for the last four years, this proposed WiFiMed Holdings acquisition is expected to add nearly $15 million to the company's revenues in the first year following the anticipated closing.
Gregory Vacca, the Chief Executive Officer of WiFiMed Holdings , commented: "This acquisition is part of our long term strategic growth plan and will serve to expand WiFiMed Holdings' product lines into the specialized home healthcare market. In addition to the immediate positive impact the acquisition would have on our revenue stream, it would bring value added features, such as a solid patient base combined with forward looking referral sources, which should serve to enhance the capabilities and increase the demand for our existing proprietary products."
If you would like to be added to WiFiMed Holdings' investor email list please contact Zack Noory, Managing Partner, with Nexus Investor Relations at znoory@nexusir-online.com; Tel: (310) 606-2018.
About WiFiMed Holdings Company, Inc.
WiFiMed Holdings Company, Inc. , through its wholly owned subsidiaries WiFiMed, Inc. and EncounterPRO Healthcare Resources, Inc. , offers proprietary solutions enabling physicians and other healthcare providers to document the physician-patient encounter through continuously updated state-of-the-art technologies. WiFiMed Inc.'s proprietary product, Tablet MD(R) and EncounterPRO Healthcare Resources, Inc.'s proprietary product, EncounterPRO(R) EHR, were developed to assist physicians and health care providers manage patient workflow. Tablet MD(R) operates on a tablet PC and manages patient medical information, consultation notes, prescriptions, records, and charts through five proprietary technologies. The EncounterPRO(R) EHR gives physicians and staff the most flexible and sophisticated workflow engine available in an EHR. This premier software requires virtually no level of computer literacy and works off touch screens, Tablet PCs or a mouse as the primary means of data input. Both products have been designed to meet the Health Insurance Portability and Accountability Act (HIPAA) requirements and are designed to reduce medical errors, documentation time, overhead, and time spent filing insurance claims.
Forward-Looking Statements
Certain statements contained in this news release, including, without limitation, statements containing the words, "may," "will," "can" "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "seek," "estimate," "continue," "plan," "point to," "project," "predict," "could," "intend," "target," "potential," and other similar words and expressions of the future, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such factors or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments. Forward-looking statements may not be realized due to a variety of factors, including, without limitation, future economic, competitive and market conditions, regulatory framework, and future business decisions, and the other risk factors detailed in our most recent annual report and other filings with the Securities and Exchange Commission . In addition to the forward-looking statements contained in this news release, the following forward-looking factors could cause our future results to differ materially from our forward-looking statements: competition, capital resources, credit resources, funding, government compliance and market acceptance of our products and services.
Source: WiFiMed Holdings Company, Inc.
GM All.
UHCR .05 Ulysses Holding Corp. Executive Management and Directors Have Approved a 1 for 1 Stock Dividend to All Common Shareholders
Market Wire "US Press Releases "
JACKSONVILLE, NY -- (MARKET WIRE) -- 01/29/08 -- Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that Executive Management and Directors have approved a 1 for 1 Stock Dividend to all Common Shareholders.
Management has decided to take this action based on the advice of its Financial Advisors, as to increase liquidity in the Company's Securities. The 1 for 1 Stock Dividend is for all Common Shareholders only and will not include Management as they do not hold any Common Shares.
The Stock Dividend will be payable to Shareholders of record on February 11, 2008 and will be payable to Shareholders on February 29, 2008.
"I have on the advice of the company's Financial Advisors decided that this action will be in the best interest of the Company and its Shareholders as the Company's Securities have become stagnant due to the fact that we believe the float is too low, after the Dividend the public float will be a very reasonable 8,296,924 thus bringing the company's market cap to a still very undervalued $414,846 from the current market cap of $207,423," said Clayton Young President & CEO.
Mr. Young also added, "The company and its advisors believe that since the very small float after the Dividend will not have any negative impact on its share price."
About Ulysses Holding Corp.:
Ulysses Holding Corp. is a start-up retail optical holding company with an aggressive plan towards rapid expansion and revenue growth within the next 12 months. The company will focus only on profitable outlets or locations with average or better industry revenues/margins.
Current Corporate Share Structure:
2,000,000 Non Convertible Preferred Shares (In Managements Control)
4,148,462 Common Shares Outstanding In the Public Float
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:
Ulysses Holding Corp.
Investor Relations
Tel: 1-607-387-7353
Email Contact: Email Contact
Website: www.ulyssesholding.com
ERUC(0.0080) ER Urgent Care Centers Signs Multimillion Dollar National Infusion Contract
Tuesday, January 29 2008 8:30 AM, EST Market Wire "US Press Releases "
MIAMI, FL -- (MARKET WIRE) -- 01/29/08 -- ER Urgent Care Centers (PINKSHEETS: ERUC) is proud to announce that it has signed a national infusion contract with MD Medicare Choice. This contract will consist of IV Therapy, HIV, Cancer, Hormone Therapy, Cell Therapy, Immunotherapy and Pain Management. The program will take place at all ER Urgent Care Center and Doctors Family locations. The financial impact to the company will be approximately $250,000 in income monthly with no increase in overhead. That is an annual estimate of $3 Million to the bottom line of ERUC. In addition it will expose each center to an average of 10 to 15 new patients daily. "This contract will have a tremendous impact to our financials statement. A $3 Million increase in revenues is very significant. 2008 is off to another record year for increase in revenues," said Jerry Miller, ERUC Founder.
About ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
For more information visit our Web site at www.erucc.net or sign up for the corporate newsletter at http://www.erucc.net
Or visit our locations at:
700 Ives Dairy Rd. 1601 Meadowlark Lane
North Miami Beach, FL 33179 Kansas City, KS 66102
FFFC(0.20) FastFunds Financial Corporation Renews Letter of Intent for Acquisition of Engineering Procurement Company
Tuesday, January 29 2008 7:00 AM, EST Business Wire "US Press Releases "
WEST PALM BEACH, Fla .--(BUSINESS WIRE)--
FastFunds Financial Corporation (OTCBB: FFFC) announced today that it has executed a new non-binding letter of intent to acquire Industrial Systems, Inc. ("ISI"). ISI, formed in 1991 and based in Delta, Colorado , provides engineering procurement and construction services to the mining, energy and natural resources industries throughout the United States . The letter of intent calls for FastFunds to acquire 100% of the outstanding securities of ISI in an all stock tax-free transaction. Prior to the closing of the transaction, FFFC is required to have no liabilities on its balance sheet, unless mutually agreed upon. Completion of the transaction, which is planned to close by April 30, 2008 , is also subject to further due diligence by each party, negotiation and execution of a definitive agreement, and other customary pre-closing conditions. FastFunds and ISI's previous letter of intent expired in 2007. "During 2007 we turned our focus to building and solidifying our Company into a position to be better prepared to become a public company. We believe we have reached the next step in our growth and we are looking forward to concluding this transaction and becoming a public company," commented Bob Isom, ISI's President and CEO.
About Industrial Systems, Inc.
With over $90 million in total sales during its sixteen year history to a wide variety of more than 20 clients including some of the country's largest natural resources companies, ISI is able to provide major capital engineering, procurement, management and construction services. The company reported preliminary unaudited sales of approximately $10.5 million for the year ended December 31, 2007 compared to $4.1 million and $3.5 million for the years ended December 31, 2006 and 2005, respectively.
With over 44,000 square feet under roof, including a 38,000-square-foot indoor fabrication facility, ISI has the ability to develop and construct a wide range of underground and surface infrastructures providing crafts and capabilities including: tank fabrication and erection; process plant construction; industrial/commercial construction; electrical design and installation; instrumentation design and installation; fire suppression systems; and mechanical equipment erection ISI, located in Delta, Colorado , is situated perfectly to take advantage of recent initiatives to increase domestic production of oil and gas in Western Colorado and Eastern Utah . ISI is also directing a major portion of its marketing focus to recently announced government plans for the re-opening of oil-shale mines. The U.S. Bureau of Land Management recently awarded three oil companies environmental clearance for their plans to start producing shale oil through a process of heating layers of rock, and ISI intends to pursue contracts for these projects in the Western United States .
FastFunds Financial Corporation is a holding company with limited business operations.
This press release may include 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 statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Source: FastFunds Financial Corporation
Yep! I wish I held on to some of my shares. GL!
Been quiet lately but still trading when time permits:
TEVI - bought in at .01 the day before the name change from RKMB. Closed at .11 today. Still holding some shares. My best return in 2008 thus far next to TCLT.
IMTD - in at .0002 waiting for news?
IVOT - jumped in at .0016 today
SKGO - in at .0005 for a bounce play?
Happy Trading tomorrow.
I bought in at .0016 but sold last week. It still looks like it has more room in it. Nice move and more news ah today:
Techalt, Inc. Merger Partner EV Parts, Inc. Announces Electric Vehicle Applications for Dodge and Toyota Vehicles
Techalt, Inc. (Pink Sheets:TCLT) ("Techalt" the "Company") announced today that its merger partner, EV Parts, Inc. (“EV Parts”), an online supplier of electric vehicle parts and components, has announced it will soon be carrying electric vehicle (“EV”) applications for the Dodge Neon and Toyota Echo.
EV Parts’ President, Roderick Wilde, stated, “We have been working on many bolt-in kits for the growing EV markets world-wide. We also carry complete bolt-in kits for the Chevy S-10 and Geo Metro. We realize that it will take a bit of time to ramp up bolt-in kits for many other models but it is something that we are pursuing. Additionally, we anticipate providing a specialty use kit for Land Rovers as well as a new AC drive conversion kit to turn a Golf TDI into a Plug-In Biofuel Electric Hybrid.”
“The current macro problem with others in the EV conversion market is that they have to rely on outside venders for their fabrication. The only way to solve this problem is to have your own fabrication facility. Since all we will be doing is EV-related fabrication we can hire as many people as necessary to handle increased demand for products and roll out our proprietary innovations globally,” said Mr. Wilde.
Tom True, EV Parts’ Chief Executive Officer, commented, “Part of our reasoning for entering the public sector is the tremendous opportunities we see globally. We are currently shipping to over 45 countries. We anticipate that upon opening our planned 3-6 international store/distribution/fabrication centers, some in tax-free zones established through prearranged meetings with foreign nationals, our delivery time and margins will significantly improve along with our name brand in this multi-billion dollar 'green' industry."
EV Parts will soon be featured on “Mean Green Machines”, a new show airing on the Discovery Channel. The broadcasting schedule will be announced shortly.
EV Parts, Inc. is an online supplier of electric vehicle parts and components and has been selling products in the Robotic/Electrathon, Industrial, Personal Mobility, Marine/RV, and Renewable Energy markets. EV Parts’ merger with Techalt, Inc. is expected to close on or before March 18, 2008.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe," "expect," "intend," "anticipate," "project," or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) managing acquisitions and expansion of operations; (2) obtaining necessary financing and managing existing debt; (3) completing the investigation, acquisition and integration of new business opportunities; (4) complying with federal, state and local government and international regulations; and (5) other factors over which we have little or no control.
Techalt, Inc., Seattle
Media & Investor Relations:
Joseph J. Malone, 786-375-0556
Information@EquityDigest.com
www.EquityDigest.com
Source: Business Wire (January 28, 2008 - 6:54 PM EST)
News by QuoteMedia
www.quotemedia.com
Gave me a small partial at .002 and then upticked to .009
Almost bought it when it was at .034 but passed :(
Very interesting. So, where do you see this one heading?
Got it. Thx.
STIY: Congrats. Too bad I missed it. Very nice MT.
I'm not Dancy but here you go...
5000 x 5000
UBSS 17 X 18 EFGI
1 x 19 UBSS
2 X 20 NITE SBSH
1 X 25 WMIN
5 X 30 ETRD HDSN VERT HILL FANC
1 X 60 SALI
2 X 200 VFIN DOMS