busy making sauce
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~OMOG news...
OMDA Oil and Gas, Inc. and Subsidiaries File Amended Pleadings in Multi-Million Dollar Fraud Lawsuit against Former Management; Scope and Damages Increase Dramatically
Jun 2, 2005 8:30:00 AM
Copyright Business Wire 2005
HOUSTON--(BUSINESS WIRE)--June 2, 2005--
OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (OTC.PK:OMOG), through its Chairman, Adam Barnett, announced today that it has approved and had filed an amended pleading to the initial suit filed on March 29th 2005, seeking Declaratory Judgment in The District Court Of Harris County, Texas, 215 Judicial District. Cause No. 2005-23020, captioned Omda Oil And Gas, Inc.; Omda Oil And Gas Management, Inc. and Omda Oil And Gas Services, Inc. Plaintiffs Vs. Joe Lanza, Morgan Wilbur, III, And Richard I Michael, Trustee Of "007 Trust", Monte Anderson, Tom Neely And David Taylor, Defendants.
During the ensuing two months, though depositions have not yet begun, Plaintiffs have obtained evidence proving fraud, conversion and misappropriation of their assets and determined that it was prudent to immediately amend pleadings. PLAINTIFFS' FIRST AMENDED COMPLAINT FOR BREACH OF FIDUCIARY DUTY, CANCELLATION OF INSTRUMENTS, CONSPIRACY, CONVERSION, EMBEZZLEMENT, FRAUD, MISAPPLICATION OF FUNDS, MISREPRESENTATION, NEGLIGENCE, NEGLIGENT MISREPRESENTATION, SECURITIES FRAUD, THEFT, THEFT OF CORPORATE OPPORTUNITY, TORTIOUS INTERFERENCE WITH CONTRACT, UNJUST ENRICHMENT, CLAIM TO INTERPLEADER, AND DECLARATORY JUDGMENT PLAINTIFFS' FIRST AMENDED COMPLAINT FOR BREACH OF FIDUCIARY DUTY, CANCELLATION OF INSTRUMENTS, CONSPIRACY, CONVERSION, EMBEZZLEMENT, FRAUD, MISAPPLICATION OF FUNDS, MISREPRESENTATION, NEGLIGENCE, NEGLIGENT MISREPRESENTATION, SECURITIES FRAUD, THEFT, TORTIOUS INTERFERENCE WITH CONTRACT, UNJUST ENRICHMENT, CLAIM TO INTERPLEADER, AND DECLARATORY JUDGMENT was filed on Friday, May 27, 2005.
The Company is seeking return of assets plus actual damages in the amount of at least Thirty Six Million Five Hundred Thirty Thousand Two Hundred Sixty One Dollars and 10/100 cents ($36,530,261.10)) and Exemplary damages and Declaratory Judgment that Omda Oil and Gas, Inc., is the sole shareholder of Omda Oil And Gas Management, Inc., Omda Oil And Gas Services, Inc., and SHWJ Oil And Gas Co., Inc., each a Texas Corporation; and, Declaratory Judgment that Plaintiff, Omda Oil and Gas, Inc., either directly or by and through its wholly owned subsidiary, Omda Oil And Gas Management, Inc., is the owner of those certain 314 leases set forth on the Consolidated Financial Statement submitted to Barnett on or about July 9, 2003.
Complete copies of both the initial filing and amended pleadings can be found on the company website located at. http://www.omogoil.com/legal_updates.html
Adam Barnett stated, "As many know, I took control of OMDA some 20 months ago on an unfriendly basis by buying over 50% of the then outstanding shares. For these many months I have been trying to get all the records of OMDA from prior management. Most of my requests were met with worthless promises of 'they are being assembled" or some such response or excuse why they could not be delivered. In the meantime, particularly in earlier months, I kept receiving and paying bills that numbered into the hundreds of thousands of dollars that prior management mandated need be paid to maintain the vast amount of properties that prior management had disclosed to shareholders as being owned by OMDA. Late last year it became apparent that while these properties were owned and controlled by OMDA when prior management was at the helm, many of these properties may have been illegally converted for prior managements personal benefit."
Barnett went on to say, "Once it started to become apparent to me that these wrongful and probably illegal activities may have occurred, I engaged an attorney with proven investigative experience to confirm or belay my suspicions. As the investigation proceeded, as can be seen by the differences between our original pleadings and the recent amended pleading, many layers of clear corruption started to appear. The settlement which we received last week over the Concord Dome property is a direct result of the information that he obtained."
Barnett concluded by saying, "While current Management has and will continue to build on our own new asset and opportunity base, we are also prepared to prosecute past injustices to all OMDA shareholders to the fullest extent of the law, and return to the shareholders what is rightfully theirs."
About OMDA Oil and Gas, Inc.
OMDA Oil and Gas, Inc and it's wholly owned subsidiary's, OMDA Oil & Gas Management, Inc and Texas OMDA Drilling & Operating, Inc are in the business of oil and gas production and lease acquisition. Currently the Company owns average participation interests approaching 47%, in 355 producing and non-producing oil and gas wells in Louisiana and Texas, as well as 100% gross interest in an undeveloped 1,116 acre, horizontal play in the Panola Field, Panola County, Texas. Current projects include a 15% working interest in an 800+ acre play in Shelby County, TX and a Carried back-in working interest of at least 7.5% up to 37.5% in a 12 well workover play in the Concorde Dome Field in Andersen County, Tx.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Source: OMDA Oil and Gas, Inc.
~EDGH Nice news! ...
EdgeTech Acquires 'Web's Biggest' Search Engine
EdgeTech Services Inc. Has Signed a Definitive Agreement to Acquire Internet Search Engine Web's Biggest Inc.
Jun 2, 2005 4:00:00 AM
SANTA MONICA, Calif., June 2 /PRNewswire-FirstCall/ -- EdgeTech Services Inc. (www.EdgeTechservices.com) (OTC Bulletin Board: EDGH) has signed a definitive agreement to acquire Internet search engine Web's Biggest Inc. EdgeTech has also setup a share buyback plan to purchase up to 20 Million common shares.
EdgeTech will acquire Web's Biggest using Convertible Preferred Shares. As part of the agreement the company will receive a cash injection of $250,000 from Web's Biggest.
Web's Biggest (www.websbiggest.com) had net income of more than $1.5 million for the twelve months ending March 2005. Profits have grown more than 50% compared to the previous year with most revenue automatically recurring. Net margins are also more than 50%.
The high profit margins are due to its highly automated and scaleable IT infrastructure. This allows the company to grow rapidly without needing significant additional capital.
Web's Biggest is the world's largest "wiki" based search engine. Its Editors Choice directory is localized for 230 countries in 70 different languages.
Web's Biggest has licensed the entire Whois database of more than 40 million domain names, enabling them to search almost every website in the world. Other search engines rely on hyperlinks and manual submissions to find websites. In a recent study done by the company, other search engines missed a third to more than half the Web sites in Web's Biggest search results.
"This is a dramatic change in our company's direction that firmly places EdgeTech in one of the hottest sectors in Information Technology. The potential value of this transaction is tremendous for our shareholders," says Tae Ho Kim, CEO of EdgeTech.
"Web's Biggest's popularity worldwide, its high margin business model, high growth rate and its strong management team were factors that sealed our decision to move forward," said Kim.
"This deal will make EdgeTech highly profitable. Entering the internet search and directory space with Web's Biggest proprietary technology will provide our shareholders with dramatic upside," said Kim.
This will be an all-stock transaction result in a change in control. Additional details are available in EdgeTech's 8K filing on Edgar. EdgeTech will file Web's Biggest 8KA financial statement within 71 days.
EdgeTech plans to replace three directors with two new ones. Xavier Roy and Adam Radly from Web's Biggest will join the company's management.
Xavier Roy will be Chairman and CEO of EdgeTech. Roy has 20 years experience managing technology and consulting companies. He has had leading roles in Litton industries, Thomson Group, Cap Gemini Ernst & Young, Cinebase, Veon, and Etensity where he developed and implemented new strategies that resulted in a growth of sales and profits of more than 100%.
Adam Radly was founder and CEO of publicly traded ISIS. He helped raise almost A $100 million for the company. The company then merged with AAV (www.aav.com.au) to form Australia's largest media services company. Radly is also cofounder of XSIQ Pty Ltd (www.xsiq.com), a leading educational software company.
About EdgeTech
EdgeTech's primary business is IT consulting covering the following areas: IT Security, Biometrics, Business Solutions, Systems Engineering, Software Development and Project management. EdgeTech is a Business Partner to Microsoft, IBM, Symantec, Counterpane and many others. EdgeTech's clients include major government and private sector clients in Canada and the United States.
Press Contact:
Adam Radly, adam@websbiggest.com, Phone 310-857-6666
Tae Ho Kim, tkim@EdgeTechservices.com, Phone 416-441-4046
This press release distributed by PRWEB ( http://www.prwebdirect.com/ ), a service of eMediawire.
SOURCE EdgeTech Services Inc.
Looking forward to the next good pr, that should move us to around .06 lol.
keeping the faith!
~Rig
wantoberich,
nice selection!
thanks
~Rig
$$$ It wont be to much long now IMO ~Rig
~OMOG .0089 X .009 Chart...
~Rig
~PKSP .055 X .058 ~Rig
~OMOG .009 X .0092 ~Rig
rrufff,
now theres a name out of the past!!!
EUO at one time a nice run on the Amex.They had some great tech like the Ekor thats never been used yet that encapsulates radiation.I guess thats why it plummeted.Product never hit the market and I guess the horrible management and why MRKL made the deal.
Hope MRKL flies for you!
~Rig
~GRYF .0045 X .005 picked up a bunch on this dip.The dreaded average down scenario.With the small o/s, when whomever is selling, is done, could pop fast.
~Rig
.32 X .325 :) I really can't wait for the moon pie milk.lol.
~Rig
~BRVO.315 X .32 Very nice! Chart...
~Rig
~BRVO .305 X .31 ~Rig
~BRVO .299 X .30 Trying to break through again. ~Rig
~RAPT .06 X .065 :) ~Rig
~GPXM .21 X .215 Gettting action, Chart...
~Rig
OT:apilgrim2, Welcome! ~Rig
~AMGJ News...
A.G. Media Group Renews Agreement with Emerald Entertainment & Sports for Corporate Marketing Initiatives
Powerful Alliance Addresses Corporate America's Demand for Important and Growing Christian Audience
Jun 1, 2005 9:00:00 AM
2005 PrimeZone Media Network
MONTREAL, June 1, 2005 (PRIMEZONE) -- A.G. Media Group, Inc. (Pink Sheets:AMGJ) is extremely pleased to announce the renewal of a strategic marketing agreement with Emerald Entertainment & Sports, Inc. (EE&S). This agreement will expand the development of promotional events, advertising and product placement for Corporate America in its efforts to reach the growing Christian audience.
Under the agreement, the companies will continue to co-develop promotional events and initiatives for corporate entities and advertisers looking to reach the growing Christian audience, a highly sought after consumer group currently responsible for over $4 Billion in purchasing power, as reported by the Christian Music Trade Association and Forbes Magazine. These initiatives will combine traditional and new media advertising, specialized product placement and event development and production. To date, the partnership has already generated in excess of $250,000 in revenues and has produced and promoted innovative events such as the Kellogg's Gospel Sing-Off(tm).
The agreement solidifies A.G. Media's position to capitalize on the Fortune 1000's demand to advertise in the growing Christian industry.
"A.G. Media continues to provide innovative advertising solutions and targeted audience reach to comprise a complete value proposition for major brand promotion and development within the Christian market," stated Karen Nicole Joyner, CEO of Emerald Entertainment.
"With Emerald Entertainment's proven and trusted ability in corporate brand management and product placement and their extensive corporate client list, we will continue to be an important resource for providing corporate marketers with the needed brand promotion and new revenue opportunities within the Christian marketplace," stated Pierre Redding, President of A.G. Media.
About A.G. Media Group, Inc.
A.G. Media Group (http://www.agmediagrp.com) was established to become a leading Christian media holding company comprising Christian-based Internet, print, radio and television related content properties and technology development services. A.G. Media is also focused on the development of valuable, high demand content for distribution through multiple media outlets and through its continually growing audience base.
About Emerald Entertainment & Sports
Emerald Entertainment and Sports Inc. (EE&S) is a fully integrated marketing company specializing in strategic marketing, promotions and event development since 1993. EE&S is a division of Strategic Creative Solutions, Inc. The company builds integrated, effective and measurable marketing and promotional programs where all marketing activities are pursued. EE&S clients include global corporations, advertising agencies and media entities. Recent projects and clients include The Mega Fest '04, marketing for "The Passion of the Christ" (East Coast), and marketing representation for Tiffany & Co., Whittnauer, Kellogg Company, Mercedes-Benz USA, Snapple Beverage Corporation, Godiva Chocolatier, IBM, The United States Army ROTC and Christ First Clothing Inc.
Safe Harbor Statement
All statements other than statements of historical fact included in this press release are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. The forward-looking statements, including statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated.
CONTACT: A.G. Media Group, Inc.
Nina Silverstone, Chief Financial Officer
(800) 858-3207, ext. 225
Investor Relations:
MacReport.Net, Inc.
Mr. Tom Speciale
(631) 423-4222
www.macreport.net
~CIRT News...
CirTran Adds $1.24M in Operational Cash, Cuts Interest Payments by 57%
Jun 1, 2005 8:31:00 AM
Copyright Business Wire 2005
SALT LAKE CITY--(BUSINESS WIRE)--June 1, 2005--
CirTran Corporation (OTCBB:CIRT), an international full-service contract manufacturer of IT, consumer and consumer electronics products, today announced the successful negotiation and completion of the latest step in its strategic financial plan, resulting in a major cash infusion for operations while cutting interest payments by more than half.
Iehab J. Hawatmeh, CirTran's founder and president, said the company issued a $3.75 million convertible debenture to Highgate House Funds, Ltd., of New York City. With funds received, he said, CirTran paid off $1.7 million and $565,000 notes to Cornell Capital Partners LP, satisfying its obligations to Cornell.
"As a result of this transaction, CirTran gains a net cash infusion of approximately $1.24 million, to be used to fund our growing operations in the U.S. and China," Mr. Hawatmeh said. "CirTran will also realize a savings of $254,000 - more than 57% - in annual interest payments," he said, noting that the $1.7 million note to Cornell had been at 24% and the lesser note at 6% interest, respectively.
"Having additional capital and our interest payments very substantially reduced continues the financial turnaround that saw CirTran report positive EBITDA of $26,518 and positive shareholder equity for the first quarter of fiscal 2005 in its 10-Q filing with the SEC last week," he said.
CirTran, he said, can redeem the debenture, which bears interest at 5%, at any time for 105% of the payment due. When the registration is declared effective by the SEC, Highgate can convert up to $250,000 worth of the principal amount, plus accrued interest, at market price in any consecutive 30-day period when CirTran stock is $0.10 per share or less at the time of conversion, and up to $500,000 worth of principal, plus interest, at $0.10 per share in any consecutive 30-day period when the market price of CirTran stock is higher than $0.10 at the time of conversion.
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTCBB: CIRT)(www.CirTran.com) is a premier international full-service contract manufacturer of low to mid size volume contracts for printed circuit board assemblies, cables and harnesses to the most exacting specifications. Headquartered in Salt Lake City, CirTran's modern 40,000-square foot non-captive manufacturing facility - the largest in the Intermountain Region - provides "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities, while reducing costs and ensuring speedy time-to-market.
About CirTran-Asia
CirTran-Asia (www.CirTran-Asia.com) was formed in 2004 as a high-volume manufacturing arm and wholly-owned subsidiary of CirTran Corporation with its principal office in ShenZhen, China. CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment and household products manufacturing, focusing on being a leading manufacturer for the multi-billion dollar Direct Response Industry, which sells through infomercials, print and internet advertisements.
This press release contains 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. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
Source: CirTran Corporation
WallSt.net Airing Exclusive Audio Interviews With TTVL and NNI
Jun 1, 2005 7:00:00 AM
NEW YORK, June 1 /PRNewswire/ -- Godfrey Hui, CEO of TEDA Travel Group, Inc. (OTC Bulletin Board: TTVL) recently granted Wall Street Network an exclusive audio interview profiling the company. Interview highlights include detailed discussions on the following topics:
- recent acquisitions
- the booming travel industry in China, and the company's strategy to
capture market share in the underserved hotel management and guest
services niche markets
- management bios
- financials
- industry trends supporting the company's prospects for
long-term growth
- upcoming milestones
To hear the interview in its entirety and to read an in-depth report on the company, visit http://wallst.net/superstock/TTVL/ttvl.html
Stephen Butterfield, Co-CEO for Nelnet, Inc. (NYSE: NNI) recently granted Wall Street Network an exclusive audio interview profiling the company. Interview highlights include detailed discussions on the following topics:
- highlights from the company's annual shareholder meeting held on May 26
- Nelnet's competitive advantages in the student loan marketplace
- Diversifying streams of revenue
- First quarter operational and financial highlights
- Upcoming milestones for investors to watch for
To hear the interviews in their entirety, visit www.wallst.net . The interviews can be accessed by locating the respective company's ticker symbol under the exchange on which it trades on the left hand column of the homepage, or by entering the respective company's ticker symbol in the Audio Search window.
About Wall Street Network
Wall Street Network is owned and licensed by Wall Street Direct, Inc. All material herein was prepared by Digital Wall Street, Inc., a multimedia provider of original, insightful commentary and news from North America's leading publicly traded companies giving a direct link to the management of today's fastest-growing companies through encompassing executive interviews and sector seminars. The company provides a free service to consumers, and a paid, premium monthly subscription to its members. Wall Street Direct Inc. has received one-hundred-seventy-five thousand restricted shares of TTVL from the company for press and advertising services. For a complete list of our business relationships, visit www.wallst.net/disclaimer.asp .
Contact:
Nick Iyer
Digital Wall Street, Inc.
800-4-WALL-ST
SOURCE Wall Street Network
~GPXM News...
Golden Phoenix Completes Bonding for Its Ashdown Molybdenum Mine and Mill
Jun 1, 2005 5:00:00 AM
SPARKS, Nev., June 1 /PRNewswire-FirstCall/ -- Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM), announced today it has posted the two bonds needed to advance mining and milling activities at its Ashdown molybdenum project located in Humboldt County, Nevada. The bonds were posted in the form of 100% cash deposits. A $135,000 mine reclamation bond was posted with the Bureau of Land Management, and a $104,000 mill reclamation bond was posted with the Nevada Division of Environmental Protection.
Implementation of the Ashdown mine and mill, which is regulated through the permit process, continues on schedule. All permits requiring review-and- comment have been submitted to the appropriate federal, state and local agencies, and the Company's technical staff is providing supplemental information as requested. Golden Phoenix will continue to announce receipt of key permits as they occur.
Golden Phoenix Minerals, Inc. is committed to deliver value to its shareholders by acquiring, developing and mining superior precious and strategic metal deposits in the western United States using competitive business practices balanced by principles of ethical stewardship.
Visit the Golden Phoenix Web site at http://www.Golden-Phoenix.com/
Forward-Looking Statements. Certain statements included herein may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-KSB, Form 10-QSB and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of this date and the Company assumes no obligation to update such forward-looking statements as a result of a number of factors.
CONTACT:
Golden Phoenix Minerals, Inc.
775/853-4919
E & E Communications
Paul Knopick
949/707-5365
pknopick@eandecommunications.com
SOURCE Golden Phoenix Minerals, Inc.
~ISME "E" News...
International Sports and Media Group Announces Stock Dividend Payable Date for Spin-off of Pan American Relations
Jun 1, 2005 6:00:00 AM
Copyright Business Wire 2005
LOS ANGELES--(BUSINESS WIRE)--June 1, 2005--
International Sports and Media Group (OTCBB:ISME), a diversified Sports and News Marketing and Communications firm, announced today a payable date of June 30, 2005 for its stock dividend in the spin-off of Pan American Relations (PAR), a privately owned subsidiary of ISME. The spin-off of Pan American Relations will create a stock dividend granted to any investors who own common stock of ISME prior to the Ex-date of June 2nd, 2005.
Pan American Relations is a financial investor relations and corporate advisory firm that provides emerging and established companies with useful guidance within the financial marketplace. Pan American Relations generates revenue through service contracts with both private and public companies.
PAR develops comprehensive investor relations and corporate identity programs to assist and enhance companies with their corporate image needs. The aim of these programs is to assist in Finance, PR, and Marketing -- to increase market awareness and to broaden its existing investor base.
The infrastructure of PAR in North America and Latin America allows PAR to maximize a company's global potential.
Yan Skwara, President of International Sport and Media Group, stated, "As we announced earlier this month, we are spinning off Pan American Relations to create multiple opportunities for the future for our shareholders. After discussions with our transfer agent, we are happy to announce a payable date on our stock dividend into PAR will be set on June 30, 2005. Shareholders and investors alike will have an opportunity to participate in the newly created dividend as long as one is a shareholder of record by the Ex Date of June 2, 2005."
Any common stock of ISME purchased before the Ex-date June 2, 2005 will grant the investor the ability to receive 1 share of PAR common stock for every "100" shares of ISME common shares they own by said date. Additional information will be made available accordingly.
About International Sports and Media Group, Inc.:
International Sports and Media Group is a sports and news marketing communications firm focused on increasing brand awareness using its expertise in the sports and media sectors, with services including marketing, product development, branding, corporate communications, public relations, hospitality, sponsorship and the new Premium Text Messaging Sport and Media marketing programs from Smart SMS. For more information on the Company, please visit www.ismg.info or www.ussocceruk.com.
International Sports and Media Group, Inc. (OTCBB:ISME) is a fully reporting issuer.
About Pan American Relations
Pan American Relations is a financial investor relations and corporate advisory firm that provides emerging and established companies with useful guidance within the financial marketplace. PAR assists both publicly traded and private companies to reach their ultimate goals of increased market awareness.
Forward-Looking Statements:
Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
Source: International Sports and Media Group, Inc.
TEDA Travel Group Wins Two Major Hotel Management Deals in China
May 31, 2005 4:03:00 PM
HONG KONG, May 31 /PRNewswire-FirstCall/ -- TEDA Travel Group, Inc. (OTC Bulletin Board: TTVL), announced today that it has acquired the management rights to two premier hotels in China in the first half of May.
The first one is a 5-star hotel in the city center of Taiyuan, Shanxi. This is one of the most deluxe hotels in the city with over 240 rooms. The management contract lasts for five and a half years.
The second one is a 4-star hotel in the city center of Yulin, Chengdu. This is one of the largest hotels in the city with an area of over 40,000 sq.m.
Both of these hotels are signed by our majority-owned subsidiary, Landmark International Hotel Group Limited.
Mr. Philip Cheung, CEO of Landmark International Hotel Group Limited, said, "Hotel owners put a lot of faith in our brand of TEDA and the backup of a listed corporation. Our team is certain to make positive contribution to the bottom line of the Hotel Management Division of TEDA Travel Group."
About TEDA Travel Group, Inc.:
TEDA Travel is a property management company providing services to hotels and resorts throughout China. The company is responsible for the supervision and day-to-day operations of the properties it manages. In addition to its property management division, TEDA Travel also has its own portfolio of real estate investments. Leveraged on its existing core businesses and the brand name "TEDA", one of most recognized names in China, TEDA Travel intends to become a market leader in the fast growing Chinese travel and real estate services industry.
About Tianjin Economic and Technological Development Area (TEDA):
Tianjin Economic and Technological Development Area (TEDA) is one of earliest approved and best state-level development zones in China. TEDA has now has a developed area of 33 square kilometers (approximately 20 square miles). TEDA is located to the southeast of Tianjin City, about 45 kilometers (27 miles) away from downtown and 140 kilometers (84 miles) from Beijing. TEDA enjoys easy access to North China, Northeast China and Northwest China.
Safe Harbor Statement:
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
Contact Information:
John Roskelley, President, First Global Media, 480.902.3110
SOURCE TEDA Travel Group, Inc.
~TTVL News...
TEDA Travel Group Wins Two Major Hotel Management Deals in China
May 31, 2005 4:03:00 PM
HONG KONG, May 31 /PRNewswire-FirstCall/ -- TEDA Travel Group, Inc. (OTC Bulletin Board: TTVL), announced today that it has acquired the management rights to two premier hotels in China in the first half of May.
The first one is a 5-star hotel in the city center of Taiyuan, Shanxi. This is one of the most deluxe hotels in the city with over 240 rooms. The management contract lasts for five and a half years.
The second one is a 4-star hotel in the city center of Yulin, Chengdu. This is one of the largest hotels in the city with an area of over 40,000 sq.m.
Both of these hotels are signed by our majority-owned subsidiary, Landmark International Hotel Group Limited.
Mr. Philip Cheung, CEO of Landmark International Hotel Group Limited, said, "Hotel owners put a lot of faith in our brand of TEDA and the backup of a listed corporation. Our team is certain to make positive contribution to the bottom line of the Hotel Management Division of TEDA Travel Group."
About TEDA Travel Group, Inc.:
TEDA Travel is a property management company providing services to hotels and resorts throughout China. The company is responsible for the supervision and day-to-day operations of the properties it manages. In addition to its property management division, TEDA Travel also has its own portfolio of real estate investments. Leveraged on its existing core businesses and the brand name "TEDA", one of most recognized names in China, TEDA Travel intends to become a market leader in the fast growing Chinese travel and real estate services industry.
About Tianjin Economic and Technological Development Area (TEDA):
Tianjin Economic and Technological Development Area (TEDA) is one of earliest approved and best state-level development zones in China. TEDA has now has a developed area of 33 square kilometers (approximately 20 square miles). TEDA is located to the southeast of Tianjin City, about 45 kilometers (27 miles) away from downtown and 140 kilometers (84 miles) from Beijing. TEDA enjoys easy access to North China, Northeast China and Northwest China.
Safe Harbor Statement:
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
Contact Information:
John Roskelley, President, First Global Media, 480.902.3110
SOURCE TEDA Travel Group, Inc.
~BRVO 50k went through @ .30 ,needs to break .30 IMO~Rig
~AMPD .29 X .30 spread tightened up for now...
crossover coming?
~Rig
~BRVO .29 X .295 ~Rig
~AMGJ Grabbed some @ .011. ~Rig
Dusty/ISME,
Still have a bunch, looking better for now!
~Rig
~EMBR .16 X .18 getting good volume.Chart...
small float of around 1 mill...
~Rig
~SHLP .37 X .42 Looking for this to be completed...
small floater...
SearchHelp Signs Agreement to Acquire E-Top-Pics, Inc.
Monday May 2, 11:19 am ET
http://biz.yahoo.com/bw/050502/25760.html?.v=1
~Rig
~BRVO .275 X .28 Chart... Looking good...
~Rig
TEDA Travel Group Flagship Hotel Ranks Number One in Tianjin
May 31, 2005 9:00:00 AM
HONG KONG, May 31 /Xinhua-PRNewswire/ -- TEDA Travel Group, Inc. (OTC Bulletin Board: TTVL), announced today that its flagship hotel, Tianjin TEDA International Club (in the city of Tianjin), is ranked Number 1 in the city in terms of occupancy rate and average room rate.
Both Tianjin TEDA International Club and TEDA International Hotel were awarded the five-star rating by China Travel Association in August of 2004. Since then the company has continued to improve their service offerings at the properties. Through new cooperation agreements with Fortune 500 corporations such as Toyota Corporation, which include such benefits as corporate discounts, short-notice reservations, and long-term residency products and services, the company has been able to obtain better operational data reflecting its hard work.
''The numbers reflect our efforts in making improvements in every aspect of the performance of our hotels,'' commented Mr. Tim Gao, CEO of Hotel Operation. ''We know we set our target high, but we thrive as a company at the higher end of the scale. It is more important that we set aggressive targets, thereby creating a win-win relationship between our hotel management company and the various hotel owners.''
In March and April 2005, the average room rate of the Tianjin TEDA International Club was Number 1 in the city, surpassing the newer 5-star Sheraton Hotel located in the same area. The occupancy of this hotel was over 95% in April vs. 73.3% for all hotels with 4-star and above rating in the city.
About TEDA Travel Group, Inc.
TEDA Travel is a property management company providing services to hotels and resorts throughout China. The company is responsible for the supervision and day-to-day operations of the properties it manages. In addition to its property management division, TEDA Travel also has its own portfolio of real estate investments. Leveraged on its existing core businesses and the brand name ''TEDA,'' one of most recognized names in China, TEDA Travel intends to become a market leader in the fast growing Chinese travel and real estate services industry.
About Tianjin Economic and Technological Development Area (TEDA)
Tianjin Economic and Technological Development Area (TEDA) is one of earliest approved and best state-level development zones in China. TEDA has now has a developed area of 33 square kilometers (approximately 20 square miles). TEDA is located to the southeast of Tianjin City, about 45 kilometers (27 miles) away from downtown and 140 kilometers (84 miles) from Beijing. TEDA enjoys easy access to North China, Northeast China and Northwest China.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings.
For more information, please contact:
John Roskelley, President,
First Global Media
Tel: +1-480-902-3110
SOURCE TEDA Travel Group, Inc.
~SOYO .76 X .77 Keep a close watch for good news, been hanging out at this 50 ma level for a while now...
~Rig
~SEHO .18 X .20 Chart, Todays News...GM All!
SENSE Holdings Announces Recent Developments in Explosives Detection Technology at Oak Ridge National Laboratory
SENSE Holdings Plans to Market Handheld Explosive Detection Device
May 31, 2005 8:30:00 AM
FORT LAUDERDALE, Fla., May 31 /PRNewswire-FirstCall/ -- SENSE Holdings, Inc. (OTC Bulletin Board: SEHO) (SENSE), a leading provider of biometrically secured authentication and identification systems, announced the successful conclusion of recent meetings with scientists from Oak Ridge National Laboratory (ORNL). In light of all the very significant scientific advances made recently by ORNL, SENSE and ORNL have decided to proceed jointly with the actual development of a commercial handheld explosives detector to be manufactured and sold by SENSE Holdings, Inc. This same MEMS technology forms the core of the handheld explosives demonstrator, which won last year's R&D 100 Invention of the Year Award, and was termed "SniffEx" by R&D magazine.
"UT-Battelle is pleased to support the commercialization by SENSE Holdings of this cutting-edge technology. By working closely with our licensees, particularly early-stage companies, we believe we can enhance the prospects for successful commercialization of our technologies," stated Russ Miller, Commercialization Manager for Biology and Environmental Sciences at Oak Ridge National Laboratory.
The MEMS project at ORNL has been funded by SENSE Holdings and various other government agencies for the continued research and development of MEMS technology for security-related applications. Oak Ridge National Laboratory is operated by UT-Battelle under contract to the United States Department of Energy.
"The company believes the recent advances at the Laboratory will lead to dramatically shorter timeframes to bring a high-performance explosives detector to market," stated Dore Perler, CEO of SENSE Holdings, Inc. "The advancements presented to us by the team at Oak Ridge were quite impressive and show that Oak Ridge and the United States government are dedicated to combating the continuing terrorist threat throughout the world."
About ORNL
ORNL is a multiprogram science and technology laboratory managed for the U.S. Department of Energy by UT-Battelle, LLC. Scientists and engineers at ORNL conduct basic and applied research and development to create scientific knowledge and technological solutions that strengthen the nation's leadership in key areas of science; increase the availability of clean, abundant energy; restore and protect the environment; and contribute to national security. ORNL also performs other work for the Department of Energy, including isotope production, information management, and technical program management, and provides research and technical assistance to other organizations.
About SENSE Holdings, Inc.
SENSE Holdings, Inc. ( http://www.senseme.com ) is comprised of two wholly owned subsidiaries, SENSE Technologies, Inc., a leading manufacturer of biometrically secured authentication and identification systems, and MSTI, Inc., a leading micro-sensor explosives detection research and development organization. MSTI holds patents and intellectual property that enable explosives detection, authentication, and identification. SENSE Holdings, Inc. integrates advanced biometric and microelectromechanical sensor (MEMS) technology into mechanical and electronic control devices that improve and secure many business processes.
For more information, contact SENSE Holdings, Inc., 4503 NW 103 Ave. (Suite 200) Sunrise, Florida 33351; Telephone: 1-877-SENSEME (736-7363) and 1-954-726-1422; E-Mail: dore@senseme.com ; Web: http://www.senseme.com .
Safe Harbor Statement
Statements contained herein, other than historical data, may constitute forward-looking statements. When used in this document, the words "estimate," "project," "intends," "expects," "believes" and similar expressions are intended to identify forward-looking statements regarding events and financial trends, which may affect the Company's future operating results and financial position. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the Company's actual results and financial position to differ materially from those included within the forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's ability to generate meaningful revenues and achieve profitable operations; its ability to obtain necessary capital; whether biometric fingerprint technology is accepted in the marketplace; whether the Company is able to develop and successfully market products incorporating MEMS technology; whether it can compete in a challenging marketplace; and whether the Company can successfully integrate its technology with other technologies to create commercially viable products. Additional risks and uncertainties are set forth in the Company's SEC filings, including its Annual Report on Form 10-KSB and registration statements filed under the Securities Act of 1933, as amended.
SOURCE SENSE Holdings, Inc.
WallSt.net Airing Exclusive Audio Interviews With TTVL and NGEN
An In-Depth Article Based on a Recent Interview With MCEL is Also Available Now At www.wallst.net
May 31, 2005 7:00:00 AM
LOS ANGELES, May 31 /PRNewswire/ -- Godfrey Hui, CEO of TEDA Travel Group, Inc. (OTC Bulletin Board: TTVL) recently granted Wall Street Network an exclusive audio interview profiling the company. Interview highlights include detailed discussions on the following topics:
-- recent acquisitions
-- the booming travel industry in China, and the company's strategy to
capture market share in the underserved hotel management and guest
services niche markets
-- management bios
-- financials
-- industry trends supporting the company's prospects for long-term
growth
-- upcoming milestones
To hear the interview in its entirety and to read an in-depth report on the company, visit http://wallst.net/superstock/TTVL/ttvl.html .
Robert Saltmarsh, Chief Financial Officer for Nanogen, Inc. (Nasdaq: NGEN) recently granted Wall Street Network an exclusive audio interview profiling the company. Interview highlights include detailed discussions on the following topics:
-- recently granted patents related to Nanogen's biomarker discovery and
nucleic acid manipulation technologies
-- Focus on commercialization
-- Diagnostic product introductions in 2005
-- Capitalization
-- Management bios
-- Upcoming milestones
Wall Street Network is also featuring an in-depth article based on a recent interview with John Battaglini, VP of Sales, Marketing and Product Management for Millennium Cell, Inc. (Nasdaq: MCEL). The article covers topics including:
-- recently announced joint development program with Dow Chemical Co.,
and its impact on the timeline for the commercialization of Millennium
Cell's hydrogen-based batteries
-- operational and strategic highlights from Q1; outlook for 2005
-- advantages of the company's hydrogen-based batteries over the current
standard
-- feedback from government and commercial sectors
-- capitalization
-- upcoming milestones
To read the article and hear the interviews in their entirety, visit www.wallst.net . The interviews can be accessed by locating the respective company's ticker symbol under the exchange on which it trades on the left hand column of the homepage, or by entering the respective company's ticker symbol in the Audio Search window.
About Wall Street Network
Wall Street Network is owned and licensed by Wall Street Direct, Inc. All material herein was prepared by Digital Wall Street, Inc., a multimedia provider of original, insightful commentary and news from North America's leading publicly traded companies giving a direct link to the management of today's fastest-growing companies through encompassing executive interviews and sector seminars. The company provides a free service to consumers, and a paid, premium monthly subscription to its members. Wall Street Direct Inc. has received one-hundred-seventy-five thousand restricted shares of TTVL from the company for press and advertising services. For a complete list of our business relationships, visit www.wallst.net/disclaimer.asp .
Contact:
Nick Iyer
Digital Wall Street, Inc.
800-4-WALL-ST
SOURCE Wall Street Network
~AVCP .22 X .24 Chart...
still holding this one, shaping up again...
~Rig
~UGNE $1.90 X $1.93 Still waiting on FDA final approval...
closed above the 50 ma...
~Rig
~RAPT .04 X .042 Looking for possible Acq this week..
They like the strategic vision in the marriage of these businesses as a catalyst for significant future growth." He added, "At this stage, it looks like we should be able to announce the LOI on at least one acquisition in the next week or so."
Raptor Investments Management Expands on Strategic Vision and Acquisition Progress
Wednesday May 25, 1:16 pm ET
http://biz.yahoo.com/bw/050525/255784.html?.v=1
~Rig
~UTYW .25 X .26 Ready for the bounce back?...
CEO May think so...
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001322300%2D05%2D000011%2Etxt&FilePath...
~Rig