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SmarTrend Detects
SmarTrend Detects Continued Buying Pressure in Shares of Uranium Energy (UEC)
Written on Fri, 10/01/2010 - 11:10amBy Chip Brian
SmarTrend identified an Uptrend for Uranium Energy (AMEX:UEC) on August 02, 2010 at $2.83. In approximately 2 months, Uranium Energy has returned 17.9% as of today's recent price of $3.33.
Uranium Energy is currently above its 50-day moving average of $2.73 and above its 200-day moving average of $3.03. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Uranium Energy shares.
Judge recommends TCEQ allow pump test before permits are issued
Uranium Energy Corporation must run pump test before permits are issued
· Originally published October 1, 2010 at 7:24 p.m., updated October 1, 2010 at 10:40 p.m.
GOLIAD - A judge has asked for more information in the ongoing struggle between a uranium company and Goliad County residents.
The judge on Thursday recommended the Texas Commission on Environmental Quality allow for the submission of additional data about uranium mining at Goliad's In-Situ Recovery project before the Uranium Energy Corporation moves forward with any mining.
Specifically, the judge has recommended that the UEC conduct a 24-hour pump test at the site, according to a news release. The ruling came after a hearing in May in Austin.
The decision could bring the UEC one step closer to receiving a permit to mine at the Goliad project, but it is also another hurdle to cross, said Jim Kreneck, Goliad County, Precinct 3 commissioner.
"It's a big deal," said Kreneck, who does not agree with the mining. "The burden of proof is going to be on them now."
Attorney Jim Blackburn, who represents Goliad County in the case, said nobody has won and nobody has lost.
"It's a long hard fight. The ball game is not over yet." he said. "The point we are at right now vindicates the concern that Goliad County has."
Harry Anthony, the chief operations officer for UEC, and Mike Sizemore, company spokesman, also did not return calls, Friday.
The news release quoted Anthony as saying he is willing to submit more data.
"We look forward to submitting any additional data that is needed and to completing this phase of the permitting process," he was quoted in the news release. "The company is confident that the permits will be approved at the end of this process."
"That's what we want," Kreneck said. "We want to guarantee that it's not going to harm the aquifer. I want it done safely. I don't want to come up in five years with contaminated water."
In June 2009, the TCEQ's executive director issued draft permits that gave authority to the Uranium Energy Corporation to an install initial wellfield and begin production in Goliad, according to the news release
EXCELLENT NEWS - September 21, 2010
Canada Lithium Pilot Plant Produces 99.9% Battery-Grade Lithium Carbonate
------------------------------------------------------------------
http://www.canadalithium.com/s/NewsReleases.asp?ReportID=419804&_Type=News-Releases&_Title=Canada-Lithium-Pilot-Plant-Produces-99.9-Battery-Grade-Lithium-Carbonate
Cormark Securities - July 2010 - Target Price
http://www.canadalithium.com/i/pdf/2010-07-14_Cormark.pdf
THE GOLD REPORT GOODIES for CLQ
Canada Lithium Corp.
________________________________________
TICKER: TSX:CLQ; OTCQX:CLQMF
DESCRIPTION: Canada Lithium Corp., a Canadian-based resource and exploration company, has initiated a definitive feasibility study on the Quebec Lithium Project, which includes environmental, metallurgical, geological and engineering studies. The company has an agreement with Japanese metals trading firm, Mitsui and Co. Ltd., to market a portion of its product in China, Korea and Japan. Metallurgical tests have produced battery-grade lithium from deposit samples.
WEBSITE: http://www.canadalithium.com
Corporate Fact Sheet (5/27/10)
The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.
________________________________________
Related Quotes
Canaccord Capital, Morning Coffee (07/22/10)
"Shares of Canada Lithium spiked Wednesday on no apparent news. . .Canada Lithium is one of Canaccord Genuity Senior Mining Analyst Eric Zaunscherb's favored junior lithium names and one of only a handful of juniors that he believes will successfully make it through to production. The company is targeting first production from its Quebec Lithium mine by late 2012. If all goes according to plan, the Quebec Lithium Mine would be the third-largest lithium producer in the world, and the only major lithium mine in North America."
Canaccord Capital, Morning Coffee (07/21/10)
"Lithium Sector Supercharged. One of the biggest concerns regarding lithium-ion batteries in e-cars has been longevity. The Wall Street Journal reported this week that MC Capital Advisors is launching an ETF focused on lithium. The Global X Lithium ETF (LIT) will invest in lithium producers and battery manufacturers. Canaccord Genuity notes that among lithium explorers and developers, the companies with advanced projects that have the potential to cross the finish line in the race to production are Canada Lithium (CLQ), Lithium Americas (LAC), Lithium One (LI) and Orocobre (ORE)."
Thom Calandra, Stockhouse (07/21/10)
"Lithium's price has about tripled in the past 10 years. As Ticker Trax subscribers know, some junior producers' shares have risen 600%–1,100% since I first profiled them about 16 months ago. These include Western Lithium, active in Nevada. These include Western Lithium in Nevada and Canada Lithium in Quebec, [respectively]."
Matthew O'Keefe, Cormark Securities Inc. (07/14/10)
"Canada Lithium owns the Quebec Lithium project near Val d'Or, Quebec with an M&I resource of 31.6 MMt grading 1.11% Li2O. It is expected to deliver a feasibility study in 2010 and first production in late 2012. . .Quebec is a past-producing asset that produced spodumene and lithium carbonate from 1955–1965 suggesting low technical risk. Canada Lithium currently has a marketing agreement with Mitsui & Co, and we expect offtake arrangements and a portion of financing in exchange for an interest at the project level to follow. We are initiating coverage on Canada Lithium, with a Buy (S) recommendation and 12 month target of C$1.00 based on a 0.8x multiple to NAV."
Eric Zaunscherb, Canaccord Genuity (05/21/10)
"We have upgraded our Canada Lithium valuation approach to discounted cash flow analysis from enterprise value per-lb. metrics.
Although there is no change to Canada Lithium’s target and rating, we believe the more sophisticated discounted cash flow approach has greater validity and flexibility, giving us enhanced confidence in our call.
Earlier this year, Canada Lithium released a prefeasibility study for the wholly-owned Quebec Lithium project. The study envisages a 2,950 t/d open-pit operation feeding a process plant yielding approximately 19,300 t/a battery-grade lithium carbonate. We have incorporated adjusted operational parameters from the study and our own pricing outlook for lithium carbonate to generate a C$241 million project NPV (10%), increased from C$190 million previously. We add corporate adjustments including working capital of C$20 million and C$78 million in project equity raised at an average of C$0.70/share to generate a corporate NAV of C$343 million or C$1.25 per adjusted fully-diluted share, as compared to C$1.42 per adjusted fully-diluted share previously. We apply a 0.8x target corporate P/NAV multiple to generate our C$1.00 price target. We believe the 102% projected return continues to justify our SPECULATIVE BUY rating. Canada Lithium is trading at 0.2x project NAV and 0.4x corporate NAV. We recommend investors buy for exposure to the lithium supply market in anticipation of expanding e-car adoption."
Quebec's hard-rock lithium projects
Northern Miner Aug. 20/10 - Around the 1:10 minute mark of this video there is an excellent commentary on CLQ as it stacks up to other Li mining companies. There is a 10 second commercial at the start of this video, enjoy.
http://www.northernminer.com/videos/play/?plid=1000382573
2006-02-02 08:00 ET - News Release
Sovereign Exploration Associates International Addresses Overwhelming Response to First Conference Call With Rebroadcast
2006-02-02 08:00 ET - News Release
NEWTOWN, Pa., Feb. 2 /PRNewswire-FirstCall/ -- Sovereign Exploration Associates International, Inc. ("Sovereign") (OTC Bulletin Board: SVXA) announced today that due to an overwhelming response to the first investor conference call with management on Monday, January 30, 2006, it will make the recording of the call available for the next two weeks, beginning Feb 2 through Feb 18, 2006. Any investor who was unable to log on because of technical difficulties caused by the high demand will be able to listen to the call in its entirety. To access the rebroadcast within the US and Canada, dial 800-642-1687 and enter the conference identification number 4410032. For international callers, dial 706-645-9291 and enter the conference identification number 4410032.
During the conference, Sovereign President and Chief Executive Officer Bob Baca and Chief Operating Officer Curt Sprouse discuss the Company's new business strategy, corporate developments, and ongoing operations.
About Sovereign Exploration Associates International, Inc.
Sovereign Exploration Associates International, Inc. is a business development company undertaking shipwreck exploration and recovery initiatives. The Company focuses on shipwrecks dating from 1500 to 1900 on behalf of museums and private parties interested in commissioning artifact recovery. The Company operates with licenses and finders' rights granted by government authorities and has exclusive access to the largest identified and located grouping of valuable shipwrecks in the world. For more information, visit http://www.sea-int.com.
SAFE HARBOR
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the failure of the ships to contain cargo of historic, archeological or intrinsic value, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For further information, contact:
At the Company:
Sovereign Exploration
Associates International, Inc.
Jim Cavan
781-246-7512
jcavan@sea-int.com
http://www.sea-int.com
Investor Relations:
OTC Financial Network
Peter Clark
781-444-6100, x629
peter@otcfn.com
http://www.otcfn.com/svxa
SOURCE Sovereign Exploration Associates International, Inc.
SVXP NEWS - LOOKS INTERESTING
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=U-b005462-U:SVXP-20060106&symbol=S...
SVXP - Could be an interesting week ahead.
"Storm brews over treasures sunk in 1814"
A U.S. treasure hunter's bid to scavenge a famed War of 1812-era shipwreck off the coast of Nova Scotia has met a storm of protest from underwater experts, who say the province's rich maritime history is being pillaged by modern-day pirates.
<http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20060102/SHIPWRECK02/TPNational/Email...
Cup and handle forming - http://www.marketwatch.com/tools/quotes/intchart.asp?symb=cncn&sid=1584291&freq=1&time=8...
(Voluntary Disclosure: Position- Long)
Careful, the stock you're about to enjoy is extremely hot. LOL.
CNCN - Nice move today.
http://quote.barchart.com/texpert.asp?sym=CNCN
ClickableOil.com Signs Agreement With Google
ClickableOil.com Signs Agreement With Google
2005-09-22 08:30 ET - News Release
MOUNT VERNON, N.Y. -- (Business Wire) -- Sept. 22, 2005
Clickable Enterprises, Inc. (OTCBB:CKEI), an
Internet-based home heating oil company, announced today that its
wholly owned subsidiary ClickableOil.com, Inc. has signed a
sponsorship agreement with Google.com, the world's largest Internet
search engine, that will provide prospective customers of the company
with a vehicle that will identify ClickableOil.com as an affordable
supplier of home heating oil in their area.
Under the terms of the agreement, ClickableOil.com will appear in
a highly visible sponsor section once a Google search using well known
home heating oil keywords is performed. The sponsor section will
effectively highlight the company as a low cost fuel supplier in
market areas including Nassau and Suffolk counties on Long Island,
Westchester county, most of New York City, New Jersey and parts of
Pennsylvania. In addition, ClickableOil.com will be able to track the
volume of traffic that is generated through Google searches and
expects to use this information to greatly expand its business.
Guy Pipolo, chief operating officer of Clickable Enterprises said,
"With the volume of hits that Google attracts daily, we expect a
significant amount of traffic to be drawn to our heating oil services
website. Consumers are more sensitive to the cost of energy these days
and we anticipate acquiring many new accounts as a result of these
visits."
According to Nielsen/NetRatings, the global standard for Internet
audience measurement and analysis, in its Mega View Search, 2/05, over
70 million unique users engaged in Google searches in January 2005,
making Google the highest ranked search engine in the world.
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary,
ClickableOil.com, Inc., is the first Internet-based home heating oil
company. Based in Mount Vernon, New York, the company leverages the
Internet and proprietary order processing and pricing software to
offer its customers well priced home heating oil primarily in the New
York metropolitan region. ClickableOil.com specializes in price
control, risk management, and product positioning, leaving the
physical transportation of the product to specially chosen vendors.
The company plans to continue to grow geographically throughout New
York, New Jersey, Pennsylvania, and eventually the entire Northeast.
For more information, please visit www.clickableoil.com.
This release and oral statements made from time to time by the
Company's representatives concerning the same subject matter may
contain "forward looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements can be
identified by introductory words such as "expects," "plans,"
"intends," "believes," "will," "estimates," "forecasts," "projects" or
words of similar meaning, and by the fact that they do not relate
strictly to historical or current facts. Many factors may cause actual
results to differ from forward-looking statements, including
inaccurate assumptions and a broad variety of risks and uncertainties,
some of which are known and others of which are not. Known risks and
uncertainties include those identified from time to time in the
reports filed by the Company with the Securities and Exchange
Commission, which should be considered together with any forward
looking statement. No forward looking statement is a guarantee of
future results or events, and one should avoid placing undue reliance
on such statements.
Contacts:
for Clickable Enterprises, Inc.
Investor Relations
Larry Fortune, 949-302-7769
larryfortune@consultant.com
(Voluntary Disclosure: Position- Long)
I find it to be just one of many indicators in the BB stock world, more novelty than anything else. The true indicator will be DOMS - MM when they stop unloading shares. IMO.
GLTA
We are off the list - WHAT A SURPRISE !!!!!
Trade Date:
Monday, August 29, 2005 File Creation Timestamp:
8/29/2005 11:05:05 PM
--------------------------------------------------------------------------------
Threshold Security List - Monday, August 29, 2005
Symbol Security Name Market
Category Reg SHO Threshold Flag
ABLE ABLE ENERGY INC S Y
ADDI ADDISON-DAVIS DIAGNOSTICS, INC U Y
ADES ADA-ES INC S Y
ADLS ADVANCED LIFE SCIENCES HOLDING Q Y
ADXS ADVAXIS, INC. U Y
AGEN ANTIGENICS INC. (DEL) Q Y
AMLN AMYLIN PHARMACEUTICALS INC Q Y
AMTC AMERITRANS CAPITAL CORPORATION S Y
ANTP PHAZAR CORP S Y
APAB APPALACHIAN BANCSHARES INC U Y
ARCI APPLNC RECYCLNG CTRS AMER U Y
ARFR ADVANCED REFRACTIVE TECHNOLOGI U Y
ARRU MERRILL LYNCH & CO INC ARN LKD Q Y
ARTX AROTECH CORPORATION Q Y
ASPR ADSOUTH PARTENERS, INC NEW U Y
AXIG AXIA GROUP, INC. NEW U Y
BCON BEACON POWER CORP S Y
BFLY BLUEFLY INC S Y
BIDU BAIDU.COM, INC. SPON ADR RPTNG Q Y
BKHM BOOKHAM INC Q Y
BLRV BULLION RIVER GOLD CORP U Y
BNTNF BONTAN CORP INC U Y
BOOM DYNAMIC MATERIALS CORP S Y
BRVO BRAVO! FOODS INTERNATIONAL CP U Y
BTWO B2DIGITAL INC U Y
BXXX BROOKE CORPORATION Q Y
CAFE HOST AMERICA CORP S Y
CALI CALI HOLDINGS INC U Y
CALM CAL-MAINE FOODS INC Q Y
CBAS COASTAL BANCSHARES AQUISITION U Y
CBASW COASTAL BANCSHARES AQUISITION U Y
CCMI COMPLETE CARE MEDICAL, INC u Y
CERN CERNER CORP Q Y
CGCP CARDIOGENESIS CORPORATION CALI U Y
CHRT CHARTERED SEMICONDUCTOR MFG LT Q Y
CKCRQ COLLINS & AIKMAN (NEW) u Y
CMCA COMCAM INC U Y
COKV COLLEGE OAK INVESTMENTS INC. U Y
CSJB MERRILL LYNCH & CO INC JETBLUE Q Y
CTTY CATUITY INC NEW S Y
CWPC CAN WEST PETROLEUM CORP U Y
CXPI CRIMSON EXPLORATION, INC. U Y
CXTI CHINA EXPERT TECHNOLOGY INC U
http://www.nasdaqtrader.com/aspx/regsho.aspx
(Voluntary Disclosure: Position- Long)
Income Statement
http://finance.yahoo.com/q/is?s=ckei.ob
Give it a few months, should look a lot better. IMO.
(Voluntary Disclosure: Position- Long)
FORM 10-QSB
Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
FOR THE QUARTER ENDED JUNE 30, 2005
http://www.pinksheets.com/quote/filings_by_name.jsp?url=%2Fredirect.asp%3Ffilename%3D0001144204%252D...
Naked Shorting
The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. However, some professional investors and hedge funds take advantage of loopholes in the rules to sell shares without making any attempt to borrow the stock.
On Oct 29, 2003, the SEC implemented a new rule to ban naked shorting in order to protect thinly traded stocks that are vulnerable to aggressive short-selling which would cause the stock price to fall. Critics of the new rule argue that if naked-shorting had not taken place during the micro-cap crime wave of the 1990s, such stocks would have climbed even higher before they crashed. Thus, the SEC's action to ban naked-shorting eliminated the only market force against over-hyped, or even fraudulent, small-cap and micro-cap stocks.
Background
As defined in Rule 203(c)(6) of Regulation SHO, a “threshold security” is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days:
There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;
The level of fails is equal to at least one-half of one percent of the issuer’s total shares outstanding; and
The security is included on a list published by a self-regulatory organization (SRO).
A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days.
NASDAQ publishes Regulation SHO Threshold Security List for NASDAQ issues (NNM and SmallCap), OTCBB issues, and Other OTC issues.
Threshold List Information
NASDAQ will publish a new Threshold Security List on each settlement day prior to midnight, Eastern Time.
Formats: HTML (see below) and Pipe-Delimited ASCII Text File (.txt)
FTP Availability (ftp://ftp.nasdaqtrader.com/symboldirectory/regsho) including archive of historical threshold list files.
File Layout and Field Definitions
Additional OTC Securities subject to Regulation SHO for January 20, 2005 to April 13, 2005. Note: As of April 14, 2005, all OTC Securities have been included on the Threshold Security List.
Contact Information
Questions regarding Regulation SHO should be directed to RegulationSHO@nasdaq.com.
We made the list - WHAT A SURPRISE !!!
Threshold Security List - Thursday, August 18, 2005
Symbol Security Name Market
Category Reg SHO Threshold Flag
ABLE ABLE ENERGY INC S Y
ABRXQ ABLE LABORATORIES INC u Y
ADDI ADDISON-DAVIS DIAGNOSTICS, INC U Y
ADES ADA-ES INC S Y
ADLS ADVANCED LIFE SCIENCES HOLDING Q Y
AEGN AEROGEN INC u Y
AGEN ANTIGENICS INC. (DEL) Q Y
AGMG AGENT 155 MEDIA GROUP, INC. u Y
AIXG AIXTRON AKTEINGESESELLSCHAFT A S Y
ALDN ALADDIN KNOWLEDGE SYS LTD-ORD- Q Y
ALGOF ALGOMA STEEL INC u Y
ALVR ALVARION LTD Q Y
AMLN AMYLIN PHARMACEUTICALS INC Q Y
AMTC AMERITRANS CAPITAL CORPORATION S Y
ARCI APPLNC RECYCLNG CTRS AMER U Y
ARFR ADVANCED REFRACTIVE TECHNOLOGI U Y
ARRU MERRILL LYNCH & CO INC ARN LKD Q Y
ASPR ADSOUTH PARTENERS, INC NEW U Y
BDCO BLUE DOLPHIN ENERGY CORP S Y
BFLY BLUEFLY INC S Y
BIDU BAIDU.COM, INC. SPON ADR RPTNG Q Y
BKHM BOOKHAM INC Q Y
BOOM DYNAMIC MATERIALS CORP S Y
BRVO BRAVO! FOODS INTERNATIONAL CP U Y
CAFE HOST AMERICA CORP S Y
CALI CALI HOLDINGS INC U Y
CALM CAL-MAINE FOODS INC Q Y
CBAI CORD BLOOD AMERICA, INC U Y
CBAS COASTAL BANCSHARES AQUISITION U Y
CBASW COASTAL BANCSHARES AQUISITION U Y
CCCN CITY CAPITAL CORP U Y
CERN CERNER CORP Q Y
CGCP CARDIOGENESIS CORPORATION CALI U Y
CHRT CHARTERED SEMICONDUCTOR MFG LT Q Y
CKCM CLICK COMM INC Q Y
CKEI CLICKABLE ENTERPRISES INC U Y
CRGO CARGO CONNECTION LOGISTICS HOL U Y
CSJB MERRILL LYNCH & CO INC JETBLUE Q Y
CSTL CASTELLE S Y
CTTY CATUITY INC NEW S Y
CURN CURON MEDICAL INC S Y
CWPC CAN WEST PETROLEUM CORP U Y
CWTD CHINA WORLD TRADE CORP (NEW) U Y
http://www.nasdaqtrader.com/aspx/regsho.aspx
(Voluntary Disclosure: Position- Long)
The Current Average Price for Home Heating Oil is $2.148
ClickableOil.com Mt. Vernon 1-877-3-BUYOIL $2.110 Available Varies Quoted price is without contract.
150 gallon minimum. 8/10/2005
http://www.westchestergov.com/consumergas/oilprice.ASP#Terms%20Used
CKEI looks pretty good, in the middle of the pack. When heating demand kicks in, should see some nice sales figures.
IMHO
(Voluntary Disclosure: Position- Long)
http://www.bloomberg.com/apps/news?pid=10000103&sid=a3ie9mZiXUMs&refer=us
Oil
The value of petroleum inventories rose 2 percent in June to $8.1 billion, a record. Petroleum sales rose 3.5 percent.
The average price of crude oil on the New York Mercantile Exchange rose to $56.42 a barrel in June, from $49.77 the month before, and has risen further since. Oil surged to a record $64 a barrel in intra-day trading on Aug. 8, 43 percent higher than a year earlier.
Heating oil ``inventories are pretty high right now and there's some indication that home owners are not buying as they usually do at this time of year and filling up their tanks,' said Rayola Dougher, an economist at the American Petroleum Institute. ``A number of them must be waiting to try to see if those prices will come down.
(Voluntary Disclosure: Position- Long)
Market Information as of
July 19, 2005
Industry
Retail Heating Oil
Shares Outstanding
75.2 MM
Stock Price - CKEI
$0.06
Public Float Shares
9.9 MM
Range - 52 Weeks
$0.01 - 0.60
Market Capitalization
$4.5 MM
Financials - As 3/31/05
Assets
$1.0 MM
Shareholder Equity
($2.4 MM)
Revenues - 12 months
$ 2.4 MM
http://www.biodiesel.org/markets/hom/default.asp
Companies that offer heating oil blended with biodiesel:
Worley & Obetz Inc
Mass Biofuel
Proulux Oil & Propane
Frontier Energy
People's Bio Heating Oil Service
Albina Fuel
Devine Bros. Inc.
Clickableoil
Facts about the Heating Oil Market
Market Size & Economics
Based on data collected by the EIA (Energy Information Agency) for the year 2000, No. 2 heating oil is consumed in 7.7 million homes in the United States, of which 69% or 5.3 million homes are located in the Northeast corridor. Residential consumption of No. 2 heating oil in 2000 was 6.7 billion gallons of which 88% or 5.5 billion gallons were consumed in the 11 Mid-Atlantic and Northeastern states. This makes for a desirable blend market for biodiesel and one that must be taken seriously by biodiesel stakeholders for future industry growth.
The wholesale cost of No. 2 heating oil is a function of crude oil costs, refining cost, transportation, and supply and demand. “Projecting prices for commodities such as oil is a very complicated process that is impacted by political and economic factors that are dynamic.” says Lewis DeRosa, president of PetroHedge a New Hampshire based petroleum hedging company. It is not practical to introduce or discuss pricing in this article because it would be irrelevant and outdated by time the reader reviewed this document. To keep the document fresh and timely we encourage you if interested in economic comparisons between the fuels to visit www.nymex.com to see current trading ranges of heating oil or by contacting a local fuel distributor in your area to ascertain prevailing real-time market prices for heating oil. You can do the same for biodiesel by contacting any of the biodiesel suppliers listed on this website.
(Voluntary Disclosure: Position- Long)
Form 8-K for CLICKABLE ENTERPRISES INC
http://biz.yahoo.com/e/050725/ckei.ob8-k.html
25-Jul-2005
Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement.
.
On July 15, 2005, Clickable Enterprises, Inc. (the "Company") entered into an Asset Purchase Agreement (the "Purchase Agreement") with Allamuchy Transport, Inc. for the Company's purchase of certain assets relating to Allamuchy's home heating oil distribution business. Under the Purchase Agreement, the Company will buy the customer lists and related customer information of Allamuchy's home heating oil business, and certain other intangible assets. The purchase price will consist of a fixed price of $156,000 payable at closing, and a potential additional amount payable on the first anniversary of closing based on the amount by which a specified portion of the Company's revenues derived from Allamuchy customers exceeds the fixed price. Closing under the Purchase Agreement is contingent on the fulfillment of customary representations, warranties, agreements and conditions.
Allamuchy currently also distributes diesel fuel and will retain that business. In addition, at closing the Company and Allamuchy will enter into a separate agreement for Allamuchy to provide oil delivery services as the Company's subcontractor within Allamuchy's former market area.
Forward-Looking Statements
This Report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the safe harbors created thereby. These forward-looking statements are based on current expectations and projections about future events and financial trends. The words and phrases "will," "intends," "potentially," "may," "expects," "projects" and similar words or expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations or other characterizations of future events or circumstances are forward-looking statements. The forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among other things, the doubt expressed by the Company's auditors on June 21, 2005 as to the Company's ability to continue as a going concern, the Company's history of losses since its inception, the significant operating expenses which the Company expects to incur until it increases the volume of heating oil sold or expands its product lines, the hazardous operations associated with handling oil which may subject the Company to material and environmental liabilities, and depression of the market price of the Common Stock and dilution to holders of Common Stock upon the conversion of the Debentures, the Preferred Stock and other issued and outstanding warrants convertible into Common Stock. These are representative of factors which could affect the outcome of the forward-looking statements. In addition, such statements could be affected by general industry and market conditions and growth rates, general domestic and international economic conditions and future incidents of terrorism or other events that may negatively impact the markets where the Company competes. The Company undertakes no obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.
See how Clickable stacks up against the competition -
http://www.westchestergov.com/consumergas/oilprice.ASP#Terms%20Used
(Voluntary Disclosure: Position- Long)
CYOS - POKER LAUNCH
http://biz.yahoo.com/bw/050620/205347.html?.v=1
Hello Capt_Nemo
I picked up CYHD due to what I figured was bottom. Should be a few interesting trading days ahead.
listener - I appreciate your reply, you certainly have a good take on this company. I took a shot at it today considering it was down roughly 30%. Should be a interesting hold.
Thanks.
CYHD HUGE NEWS
Cyberhand Technologies International, Inc. Launches CT4700 Wireless PDA and Smartphone Keyboard to Top U.S. Retailers
2005-05-25 16:01 ET - News Release
Also News Release (U-NVCI) NUVOCI INC
CALGARY, Alberta, May 25, 2005 (PRIMEZONE) -- Cyberhand Technologies International, Inc. (Pink Sheets:CYHD), a leading computer peripheral design company specializing in innovative wireless ergonomic products for mobile and desktop users, announced that it has shipped ahead of Retail Vision in order to close all orders in advance of the electronics show. Cyberhand's Pocketop MP00018 wireless keyboard has already sold over 400,000 units in the same vertical market with these retailers. A full marketing report will be provided within one month that will serve as a basis to develop a detailed roll-out strategy for all of the selected retailers and the new product lineup.
The CT4700 is a new wireless keyboard that is compatible with the industry's broadest selection of PDAs and Smartphones. The unit is based on the highly successful original Pocketop unit that received the following awards:
-- PDA Keyboard of the Year 2002: Computer Shopper Magazine
-- Best Travel Gadgets: Travel and Leisure Magazine
- November 2002
-- Best of the Best Mobile Products: Ultimate Mobility Magazine
- Fall 2002
-- Top Hardware Accessories: PocketPC Magazine
- 2003 Buyer's Guide.
"We are very pleased to continue our work with top electronics retailers in the U.S.," said Mike Burke, President of Cyberhand Technologies International. "The launch of Cyberhand's Pocketop CT4700 shows our continuing commitment to this market and our ability to adapt both hardware and software to the ever changing PDA and Smartphone industries."
About Cyberhand Technologies International, Inc.
Cyberhand Technologies International, Inc. is a leading computer peripheral design company specializing in innovative wireless ergonomic products for mobile and desktop users. The company designs, manufactures, markets and sells leading edge consumer electronics devices that feature innovative ergonomic designs, advanced software development and technologies that are far superior to other products in the market. Cyberhand is focused on developing products that allow computer, Personal Digital Assistant (PDA) and Smartphone users the ultimate in mobility, productivity, performance and comfort. Initial products include:
-- Computer Game Controllers that are 40% more responsive than
competing products
-- Wireless Keyboards for PDAs and Smartphones
-- Ergonomic Computer Mouse Products that eliminate computer-
related repetitive stress injuries
-- Related Software Upgrades and other Peripherals such as
Keyboards, Cameras and Scanners.
For more information, please visit our website and www.cyberhand.com.
Forward looking Safe Harbor Statement
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
Brad Kitchen Chairman
CONTACT: Cyberhand Technologies International, Inc.
Investor Relations
Christopher Todd
(888) 514-6755
or
Corporate Information
Brad Kitchen
(604) 737-1015
Brad.Kitchen@cyberhand.com
CYHD HUGE NEWS
Cyberhand Technologies International, Inc. Launches CT4700 Wireless PDA and Smartphone Keyboard to Top U.S. Retailers
2005-05-25 16:01 ET - News Release
Also News Release (U-NVCI) NUVOCI INC
CALGARY, Alberta, May 25, 2005 (PRIMEZONE) -- Cyberhand Technologies International, Inc. (Pink Sheets:CYHD), a leading computer peripheral design company specializing in innovative wireless ergonomic products for mobile and desktop users, announced that it has shipped ahead of Retail Vision in order to close all orders in advance of the electronics show. Cyberhand's Pocketop MP00018 wireless keyboard has already sold over 400,000 units in the same vertical market with these retailers. A full marketing report will be provided within one month that will serve as a basis to develop a detailed roll-out strategy for all of the selected retailers and the new product lineup.
The CT4700 is a new wireless keyboard that is compatible with the industry's broadest selection of PDAs and Smartphones. The unit is based on the highly successful original Pocketop unit that received the following awards:
-- PDA Keyboard of the Year 2002: Computer Shopper Magazine
-- Best Travel Gadgets: Travel and Leisure Magazine
- November 2002
-- Best of the Best Mobile Products: Ultimate Mobility Magazine
- Fall 2002
-- Top Hardware Accessories: PocketPC Magazine
- 2003 Buyer's Guide.
"We are very pleased to continue our work with top electronics retailers in the U.S.," said Mike Burke, President of Cyberhand Technologies International. "The launch of Cyberhand's Pocketop CT4700 shows our continuing commitment to this market and our ability to adapt both hardware and software to the ever changing PDA and Smartphone industries."
About Cyberhand Technologies International, Inc.
Cyberhand Technologies International, Inc. is a leading computer peripheral design company specializing in innovative wireless ergonomic products for mobile and desktop users. The company designs, manufactures, markets and sells leading edge consumer electronics devices that feature innovative ergonomic designs, advanced software development and technologies that are far superior to other products in the market. Cyberhand is focused on developing products that allow computer, Personal Digital Assistant (PDA) and Smartphone users the ultimate in mobility, productivity, performance and comfort. Initial products include:
-- Computer Game Controllers that are 40% more responsive than
competing products
-- Wireless Keyboards for PDAs and Smartphones
-- Ergonomic Computer Mouse Products that eliminate computer-
related repetitive stress injuries
-- Related Software Upgrades and other Peripherals such as
Keyboards, Cameras and Scanners.
For more information, please visit our website and www.cyberhand.com.
Forward looking Safe Harbor Statement
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
Brad Kitchen Chairman
CONTACT: Cyberhand Technologies International, Inc.
Investor Relations
Christopher Todd
(888) 514-6755
or
Corporate Information
Brad Kitchen
(604) 737-1015
Brad.Kitchen@cyberhand.com
CYHD - Down about 30%, had some great news yesterday. ???
CYOP Launches Poker Games; Games Available for Play at redfeltsoftware.com
2005-05-25 12:54 ET - News Release
BEVERLY HILLS, Calif. -- (Business Wire) -- May 25, 2005
Company Website: http://www.cyop.org
CYOP Systems International Inc. (OTCBB:CYOS), a
leading provider of online gaming software, is pleased to announce
that it has now launched its much applauded demo version of its
online poker product at http://www.redfelt.com/demo.html
This initial release is to showcase the Company's licensed
software to prospective clients, and stakeholders. This version is the
English play-for-fun version that is being rolled out on Sina.com. A
site for players to wager in real dollars is going through final
integration and will be ready for play in the near future.
Red Felt Poker is a full-service turnkey poker gaming system that
can be easily deployed by any Licensee. The Company can also provide
the necessary management experience and support to licensees and their
customers.
More than 200 online poker sites collectively are generating about
$2 billion a year in revenues, equal to 40% of last year's $5 billion
in gambling revenues from all of the Las Vegas "Strip". An estimated
1.7 million players are active online, meaning they've played in the
past six months according to an MECN.net survey
Mitch White, CEO of CYOP, stated that: "With this launch, we are
now able to increase the number of games available for licensing and
enter the poker industry. Our software has been priced to be
competitive in the online poker market, making Red Felt Software a
premier choice for both start-ups and established operators alike.
Players who have used our games have found them to be realistic and
entertaining."
About CYOP
CYOP is a developer and provider of online skill-games, poker and
services for the online gaming industry. CrediPlay, CYOP's licensed
application, is an online transaction platform that is based on
charging a fee for each game played over the Internet. CYOP's central
games portal, www.skillarcade.com, features virtual games where people
play popular skill games against other players and compete in
tournaments to win real money prizes.
For more information please visit www.cyopsystems.com.
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Exchange Act of 1934 and the provisions of the Private
Securities Litigation Reform Act of 1995 and is subject to safe harbor
created by these sections. Actual results may differ materially due to
a number of risks, including, but not limited to, technological and
operational challenges, needs for additional capital, risks associated
with market acceptance and technological changes, risks associated
with dependence on software providers, and risks associated with
competition.
CYOP SYSTEMS INTERNATIONAL INC.
Play Games. Win Games. Make Money. (TM)
Contacts:
CYOP Systems International Inc.
Patrick Smyth, 310-248-4860
Patrick@cyop.org
CYOP Launches Poker Games; Games Available for Play at redfeltsoftware.com
2005-05-25 12:54 ET - News Release
BEVERLY HILLS, Calif. -- (Business Wire) -- May 25, 2005
Company Website: http://www.cyop.org
CYOP Systems International Inc. (OTCBB:CYOS), a
leading provider of online gaming software, is pleased to announce
that it has now launched its much applauded demo version of its
online poker product at http://www.redfelt.com/demo.html
This initial release is to showcase the Company's licensed
software to prospective clients, and stakeholders. This version is the
English play-for-fun version that is being rolled out on Sina.com. A
site for players to wager in real dollars is going through final
integration and will be ready for play in the near future.
Red Felt Poker is a full-service turnkey poker gaming system that
can be easily deployed by any Licensee. The Company can also provide
the necessary management experience and support to licensees and their
customers.
More than 200 online poker sites collectively are generating about
$2 billion a year in revenues, equal to 40% of last year's $5 billion
in gambling revenues from all of the Las Vegas "Strip". An estimated
1.7 million players are active online, meaning they've played in the
past six months according to an MECN.net survey
Mitch White, CEO of CYOP, stated that: "With this launch, we are
now able to increase the number of games available for licensing and
enter the poker industry. Our software has been priced to be
competitive in the online poker market, making Red Felt Software a
premier choice for both start-ups and established operators alike.
Players who have used our games have found them to be realistic and
entertaining."
About CYOP
CYOP is a developer and provider of online skill-games, poker and
services for the online gaming industry. CrediPlay, CYOP's licensed
application, is an online transaction platform that is based on
charging a fee for each game played over the Internet. CYOP's central
games portal, www.skillarcade.com, features virtual games where people
play popular skill games against other players and compete in
tournaments to win real money prizes.
For more information please visit www.cyopsystems.com.
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Exchange Act of 1934 and the provisions of the Private
Securities Litigation Reform Act of 1995 and is subject to safe harbor
created by these sections. Actual results may differ materially due to
a number of risks, including, but not limited to, technological and
operational challenges, needs for additional capital, risks associated
with market acceptance and technological changes, risks associated
with dependence on software providers, and risks associated with
competition.
CYOP SYSTEMS INTERNATIONAL INC.
Play Games. Win Games. Make Money. (TM)
Contacts:
CYOP Systems International Inc.
Patrick Smyth, 310-248-4860
Patrick@cyop.org
Authorized increased from 1 billion to 2 billion
Corporation Actions for "NICODROPS, INC."
Action Type: Amendment
Document Number: 00000181022-84
# of Pages: 1
File Date: 05/06/2005
Effective Date:
R/C 5-8-05
Previous Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,000,000.00 New Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,000,000.00
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?CorpID=339665&CorpName=NICODROPS%2c+INC.
- - - - -
Authorized increased from 1 billion to 2 billion
Corporation Actions for "NICODROPS, INC."
Action Type: Amendment
Document Number: 00000181022-84
# of Pages: 1
File Date: 05/06/2005
Effective Date:
R/C 5-8-05
Previous Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,000,000.00 New Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,000,000.00
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?CorpID=339665&CorpName=NICODROPS%2c+INC.
- - - - -
Nicodrops web page traffic / hits on the rise.
http://www.alexa.com/data/details/traffic_details?q=&url=http://info.alexa.com/data/details?p=TB...
Capt_Nemo - Thank you for the chart. Looks as if a little averaging down is needed on this one. Talk about a drop!!
Mike
PEKG closed yesterday @ 0.0004.
PKG Entertainment Issues Update to Shareholders
2005-05-04 00:56 ET - News Release
DENVER -- (Business Wire) -- May 4, 2005
The Following is an Update on PKG Entertainment, Inc.
Achievements to Date, as discussed by both the CEO and President of
PKG (formerly Peak Entertainment Group):
PKG Entertainment, Inc. (Pink Sheets:PEKG) announced today that
the goals set in 2004 have been met or surpassed. According to Sandy
Krolick, CEO of PKG, "A shortlist of these goals includes: Having
formed an Executive Team and Advisory Board comprised of distinguished
entertainment industry veterans; Arranged for the appropriate capital
to help 'bridge' the Company from startup to current operational
status; Built the necessary operational infrastructure to provide PKG
the ability to identify, produce and successfully market new
entertainment talent; and Secured an agreement with one of the largest
independent entertainment distributors in North America."
"It has been seven months since PKG Entertainment became a
publicly traded company. Our mission from the outset was to establish
an independent entertainment label/company that could effectively
compete in a rapidly transforming industry," continued Krolick.
According to the President of PKG, John May, "Our plan was to
capitalize on the current favorable climate within the industry for
independent production and convergent media distribution. We began
identifying quality entertainment assets that were currently being
overlooked by the "major" labels (the large entertainment
conglomerates emerged from the recent trend in industry
consolidation), and then proceeded to cultivate these artists and/or
assets with more cost-effective production/distribution methodologies
to create sustainable, high-yield returns on our investments."
"Since the beginning we felt that we have executed on much of our
business plan, and have accomplished the following feats to date:"
1 Secured $200,000 in bridge funding to successfully launch the
Company.
2 Appointed Don Perry, a 35-year industry veteran and Senior VP of
Greenberg Traurig Consulting (http://www.gtconsulting.com/),
to PKG's Advisory Board. His main role is developing and
modifying corporate strategy. Mr. Perry has and continues to
consult with many senior entertainment executives that work
within the few Fortune 1000 entertainment-oriented companies.
Don is also a founder of PKG, and he provides the Company with
valuable access to "Tier One" entertainment deal flow.
3 Enlisted Ron Urban, a 20+-year veteran of the entertainment
industry who has worked for such giants as Sony, RCA and
Arista Records, to join PKG's Advisory Board. Mr. Urban's
primary role is to direct distribution services management.
4 Recruited Greg Archilla to PKG as Director of A&R and Music
Production. Mr. Archilla's many impressive credits include
working with Matchbox 20-a group that has sold 22 million
albums worldwide, and Collective Soul, as well as on Neil
Young's Grammy nominated Broken Arrow album.
5 Retained Greenberg Traurig (http://www.gtlaw.com/), a major
international law firm with over 1400 employees worldwide, for
IP and entertainment council of record.
6 Secured a three-year contract with Navarre Corporation
(http://www.navarre.com/), widely known as one of the "big
three" entertainment distribution companies based in
Milwaukee, which grosses an impressive $300 million per year
in CD and DVD sales. PKG's agreement with Navarre is for the
distribution of PKG's products throughout North America,
including Canada, the United States-and its territories.
7 Engaged a solid New York-based firm for its product distribution
management and label services www.drt-entertainment.com.
(Announcement forthcoming)
8 On April 30th PKG met its commitment to shareholders to make a
Quarterly report of profits for Q 1. (see under PEKG on
www.pinksheets.com).
Continued May, "In addition to our accomplishments, here are a few
contract and revenue related activities that we are pursuing:"
1 Boston's Violet Nine, which has a growing fan base in the
Northeast and California, has completed its first studio album
under an exclusive recording artist agreement with PKG. The
album will be released nationally in late Summer 2005. Further
details are forthcoming.
2 We are in final negotiations to secure Shadow Entertainment's
movie, The Ugly Kid, starring Tom Arnold. The proposed release
date is October 2005.
3 We are also in negotiations with director Martin Guigui and our
film partner, Sunset Entertainment, to secure rights for
distribution of the DVD and/or soundtrack of National
Lampoon's upcoming feature movie Cattle Call, which is slated
to star Jenny McCarthy.
4 We also have a commitment from Sunset Entertainment for
inclusion of our own Violet Nine on the Cattle Call
soundtrack. PKG anticipates significant recurring revenue from
the soundtrack deal, which is scheduled to begin as early as Q
4 2005.
CEO Krolick went on to summarize "The above accomplishments, and
our ongoing activities, have placed PKG in a position where
significant additional financing from private investors and `friendly'
funds should be more easily attainable than it had been in the recent
past. Of course any financing arrangements will be announced
immediately to our shareholders as part of our intention to become a
fully reporting company, although we remain a Pink Sheet listing for
now.
PKG's commitment to building a profitable company and expanding
its market potential should prove to be a major factor in our eventual
success. We will identify and develop the best talent currently
available in the entertainment industry, and we intend to take full
advantage of those potential "homeruns" that the major labels have
overlooked due to their revenue requirements and significant overhead.
The majors can only consider 'sure things', immediate blockbusters or
artists that have been proven to produce platinum releases. Our quick
enlistment of veteran staff, as well as our key distribution
relationships, will enable PKG to exceed expectations and develop
increased value for our shareholders as we continue to grow and
experience success in the future.
About PKG Entertainment, Inc.
PKG is an entertainment property development company. A reliable
industry partner, PKG screens talent and cost effectively provides
artist and entertainment asset development services. PKG is uniquely
positioned for revenue growth through three primary channels: 1)
Equity positions in entertainment properties that are financed or
developed 2) Consulting and partnership fees/royalties on secured
deals 3) Revenues from diverse media distribution deals and other
cross-promotional business models.
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
Contacts:
Equitilink LLC
Investor Relations
James Swift or Ron Garner, 877-788-1940
local or intl.: 858-824-1940
PKG Entertainment Issues Update to Shareholders
2005-05-04 00:56 ET - News Release
DENVER -- (Business Wire) -- May 4, 2005
The Following is an Update on PKG Entertainment, Inc.
Achievements to Date, as discussed by both the CEO and President of
PKG (formerly Peak Entertainment Group):
PKG Entertainment, Inc. (Pink Sheets:PEKG) announced today that
the goals set in 2004 have been met or surpassed. According to Sandy
Krolick, CEO of PKG, "A shortlist of these goals includes: Having
formed an Executive Team and Advisory Board comprised of distinguished
entertainment industry veterans; Arranged for the appropriate capital
to help 'bridge' the Company from startup to current operational
status; Built the necessary operational infrastructure to provide PKG
the ability to identify, produce and successfully market new
entertainment talent; and Secured an agreement with one of the largest
independent entertainment distributors in North America."
"It has been seven months since PKG Entertainment became a
publicly traded company. Our mission from the outset was to establish
an independent entertainment label/company that could effectively
compete in a rapidly transforming industry," continued Krolick.
According to the President of PKG, John May, "Our plan was to
capitalize on the current favorable climate within the industry for
independent production and convergent media distribution. We began
identifying quality entertainment assets that were currently being
overlooked by the "major" labels (the large entertainment
conglomerates emerged from the recent trend in industry
consolidation), and then proceeded to cultivate these artists and/or
assets with more cost-effective production/distribution methodologies
to create sustainable, high-yield returns on our investments."
"Since the beginning we felt that we have executed on much of our
business plan, and have accomplished the following feats to date:"
1 Secured $200,000 in bridge funding to successfully launch the
Company.
2 Appointed Don Perry, a 35-year industry veteran and Senior VP of
Greenberg Traurig Consulting (http://www.gtconsulting.com/),
to PKG's Advisory Board. His main role is developing and
modifying corporate strategy. Mr. Perry has and continues to
consult with many senior entertainment executives that work
within the few Fortune 1000 entertainment-oriented companies.
Don is also a founder of PKG, and he provides the Company with
valuable access to "Tier One" entertainment deal flow.
3 Enlisted Ron Urban, a 20+-year veteran of the entertainment
industry who has worked for such giants as Sony, RCA and
Arista Records, to join PKG's Advisory Board. Mr. Urban's
primary role is to direct distribution services management.
4 Recruited Greg Archilla to PKG as Director of A&R and Music
Production. Mr. Archilla's many impressive credits include
working with Matchbox 20-a group that has sold 22 million
albums worldwide, and Collective Soul, as well as on Neil
Young's Grammy nominated Broken Arrow album.
5 Retained Greenberg Traurig (http://www.gtlaw.com/), a major
international law firm with over 1400 employees worldwide, for
IP and entertainment council of record.
6 Secured a three-year contract with Navarre Corporation
(http://www.navarre.com/), widely known as one of the "big
three" entertainment distribution companies based in
Milwaukee, which grosses an impressive $300 million per year
in CD and DVD sales. PKG's agreement with Navarre is for the
distribution of PKG's products throughout North America,
including Canada, the United States-and its territories.
7 Engaged a solid New York-based firm for its product distribution
management and label services www.drt-entertainment.com.
(Announcement forthcoming)
8 On April 30th PKG met its commitment to shareholders to make a
Quarterly report of profits for Q 1. (see under PEKG on
www.pinksheets.com).
Continued May, "In addition to our accomplishments, here are a few
contract and revenue related activities that we are pursuing:"
1 Boston's Violet Nine, which has a growing fan base in the
Northeast and California, has completed its first studio album
under an exclusive recording artist agreement with PKG. The
album will be released nationally in late Summer 2005. Further
details are forthcoming.
2 We are in final negotiations to secure Shadow Entertainment's
movie, The Ugly Kid, starring Tom Arnold. The proposed release
date is October 2005.
3 We are also in negotiations with director Martin Guigui and our
film partner, Sunset Entertainment, to secure rights for
distribution of the DVD and/or soundtrack of National
Lampoon's upcoming feature movie Cattle Call, which is slated
to star Jenny McCarthy.
4 We also have a commitment from Sunset Entertainment for
inclusion of our own Violet Nine on the Cattle Call
soundtrack. PKG anticipates significant recurring revenue from
the soundtrack deal, which is scheduled to begin as early as Q
4 2005.
CEO Krolick went on to summarize "The above accomplishments, and
our ongoing activities, have placed PKG in a position where
significant additional financing from private investors and `friendly'
funds should be more easily attainable than it had been in the recent
past. Of course any financing arrangements will be announced
immediately to our shareholders as part of our intention to become a
fully reporting company, although we remain a Pink Sheet listing for
now.
PKG's commitment to building a profitable company and expanding
its market potential should prove to be a major factor in our eventual
success. We will identify and develop the best talent currently
available in the entertainment industry, and we intend to take full
advantage of those potential "homeruns" that the major labels have
overlooked due to their revenue requirements and significant overhead.
The majors can only consider 'sure things', immediate blockbusters or
artists that have been proven to produce platinum releases. Our quick
enlistment of veteran staff, as well as our key distribution
relationships, will enable PKG to exceed expectations and develop
increased value for our shareholders as we continue to grow and
experience success in the future.
About PKG Entertainment, Inc.
PKG is an entertainment property development company. A reliable
industry partner, PKG screens talent and cost effectively provides
artist and entertainment asset development services. PKG is uniquely
positioned for revenue growth through three primary channels: 1)
Equity positions in entertainment properties that are financed or
developed 2) Consulting and partnership fees/royalties on secured
deals 3) Revenues from diverse media distribution deals and other
cross-promotional business models.
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
Contacts:
Equitilink LLC
Investor Relations
James Swift or Ron Garner, 877-788-1940
local or intl.: 858-824-1940
Manage to look at L2 a few times today and yesterday, appears that the selling by 2 MM's mainly TDCM and SCHB has decreased considerably. Should bold well for a higher and stronger PPS. As expected the RSI is turning slightly upwards again on the chart.
GLTA
(Voluntary Disclosure: Position- Long)