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Coming soon....
no bid on RVME
.0002 now more then .0001
211 mil traded so far today
who the heck would buy this?
shaking my head
IGTX - IntelGenx Technologies Corp. Signs licensing and Development Agreement
Apr 30, 2007 11:58:00 AM
SAINT LAURENT, QUEBEC--(CCNMatthews - April 30, 2007) - IntelGenx Technologies Corporation (OTCBB:IGXT)("IntelGenx" or the "Company") today announced that the company signed a licensing and development agreement with a major US pharmaceutical company for the development and commercialization of a generic product.
As Dr. Horst Zerbe, CEO of the company, points out, the company has over the past year been successful in broadening its range of strategic alliances with partner companies in the US, Canada and Europe. The company currently has six partnered development programs with four development partners in place. The most recent partnership involves an oral tablet and uses Intelgenx' proprietary oral delivery technology. The product involves a widely prescribed drug with significant generic sales.
"The addition of this project to our portfolio represents an important milestone in our efforts to establish a robust pipeline of generic products involving our drug delivery technology and a strong partnership base with mid-to-large pharmaceutical companies around the world." said Dr. Horst Zerbe, Chief Executive Officer of IntelGenx Corp.
ABOUT INTELGENX CORP.
IntelGenx Corp. is an emerging drug delivery company focused on the development of oral controlled-release products as well as novel rapidly disintegrating delivery systems. The company uses its unique multiple layer delivery system to provide zero-order release of active drugs in the gastro-intestinal tract. IntelGenx has also developed novel delivery technologies for the rapid delivery of pharmaceutically active substances in the oral cavity based on its experience with rapidly disintegrating films. The company's research and development pipeline includes products for the treatment of nausea, pain management, hypertension, and smoking cessation.
FORWARD LOOKING STATEMENTS
This news release contains certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential product development and trial results, and the future plans and objectives of Intelgenx Corp. are forward-looking statements that involve various 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. Important factors that could cause actual results to differ materially from Intelgenx Corp's expectations are disclosed elsewhere in documents that are available to the public at www.sec.gov.
FOR FURTHER INFORMATION PLEASE CONTACT:
IntelGenx Corp.
Dr. Horst G. Zerbe
President and CEO
(514) 331-7440 (ext. 201)
Fax: (514) 331-0436 (FAX)
Email: horst@IntelGenx.com
Website: www.intelgenx.com
Source: IntelGenx Technologies Corporation
----------------------------------------------
IntelGenx Corp.
Dr. Horst G. Zerbe
President and CEO
(514) 331-7440 (ext. 201)
Fax: (514) 331-0436 (FAX)
Email: horst@IntelGenx.com
Website: www.intelgenx.com
RBID - RBID.COM Inc. Acquires Exclusive US and European Licensing and Distribution Rights to Australian Home Budgeting Software, Simply Budgets
NEWPORT BEACH, Calif., April 30 /PRNewswire-FirstCall/ -- RBID.com Inc. (Pink Sheets: RBID) President and CEO, Mr. Alan Rothman, today announced that the company has acquired the exclusive licensing and distribution rights for the USA, Canada and Europe of the popular Australian home budgeting software, Simply Budgets. The unique budgeting software was created by Mr. David Wright and has sold over 22,000 copies in to date. The product has been re-configured for the US market; with the website www.simplybudgets.com currently undergoing a complete re-design. It is expected to launch by the end of June, 2007.
Commenting Mr. Rothman said: 'I am particularly delighted to announce the acquisition of the exclusive rights of Simply Budgets, as I have witnessed first-hand the phenomenal growth of this product in the Australian market. Despite limited resources and a national population one tenth the size of the United States, David Wright has managed to create an exceptionally strong and recognizable brand, capturing a significant share of the home budgeting software market in Australia. I am confident that with the added resources that RBID.com extends to the product development and sales promotion of Simply Budgets in the US and European markets, we will achieve significant sales in 2007.'
Simply Budgets creator and founder, Mr. David Wright stated, 'I am looking forward to working along side the RBID.com team. Their technical and media savvy, coupled with strong sales focused activities, will seriously enhance our ability to gain significant market share.' He added, 'Household debt is a global issue, and the majority of Americans and Europeans are experiencing the same kind of financial difficulties as their Australian counterparts. Developing the system for these new markets is an obvious next step, and I am fully committed to positioning Simply Budgets as a global brand leader in the home budgeting software categories.'
Simply Budgets has received countless life-changing testimonials from customers, catching the attention of the national broadcast and print media in Australia. Simply Budgets has been featured on Channel Nine's A Current Affair, Brisbane Extra, and Channel Seven's Today Tonight TV shows, along with other leading broadcast, newspaper and magazine publications.
About RBID.com
RBID.com, Inc. (http://www.rbid.com) is a financial IT and marketing company. RBID also facilitates the acquisition, commercialization, promotion and protection of both underdeveloped and distressed patented and/or proprietary technologies.
About Simply Budgets
Simply Budgets (www.simplybudgets.com) dedicated to delivering products and services that make a significant improvement in the financial lives of as many people in the developed world as possible. This vision includes gradually introducing a wider range of products and services including educational seminars and workshops that will bring more personal and financial benefits to clients.
'SAFE HARBOR'
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to 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, included in this release, 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 other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
Contact Information
Mairead Howe
RBID.Com, Inc
895 Dove Street
Newport Beach, CA 92660
Email: mairead@rbid.com
Phone: +1-949-955-4909
SOURCE RBID.com Inc.
Source: PR Newswire (April 30, 2007 - 9:45 AM EDT)
News by QuoteMedia
www.quotemedia.com
Yeah right, recently? they should have started this in January.
"recently found in wheat gluten and rice protein, both used in some U.S. pet foods."
another fun one to run public message search on...
FREE
FreeSeas Inc. Completes Sale of the M/V Free Fighter
Capital Gain of $1.6 Million to be Recognized in the Second Quarter
Apr 27, 2007 9:33:00 AM
PIRAEUS, Greece, April 27 /PRNewswire-FirstCall/ -- FreeSeas Inc. (Nasdaq: FREE; FREEW; FREEZ), a provider of seaborne transportation for dry bulk cargoes, announced today that it had delivered the 39,850 DWT, 1982 built, Handysize M/V Free Fighter to its new owner. The sale, for US $11,075,000, resulted in a capital gain of approximately US$1.6 million for FreeSeas.
"As we continue to pursue additional tonnage for our fleet, the capital gain recognized from the sale of the Free Fighter will provide us with additional balance sheet leverage," said Mr. Ion Varouxakis, Chairman of the Board, President and Chief Executive Officer.
In addition to the capital gain, the sale of the M/V Free Fighter reduced FreeSeas outstanding debt. FreeSeas outstanding long-term bank debt has now been reduced to US$5.0 million. The Company plans to use this increased leverage as it actively explores opportunities for fleet expansion and modernization.
About FreeSeas Inc.
FreeSeas Inc. is a Marshall Islands corporation with principal offices in Piraeus, Greece. FreeSeas is engaged in the transportation of dry bulk cargoes through the ownership and operation of dry bulk vessels. Currently, it has a fleet of two Handysize vessels. FreeSeas' common stock and warrants trade on the NASDAQ Capital Market under the symbols FREE, FREEW and FREEZ, respectively. Risks and uncertainties are described in reports filed by FreeSeas Inc. with the US Securities and Exchange Commission, which can be obtained free of charge on the SEC's website at http://www.sec.gov. For more information about FreeSeas Inc. please go to our corporate website http://www.freeseas.gr.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth strategy and measures to implement such strategy, including expected vessel acquisitions. Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward- looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for dry bulk vessels; competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For further information please contact:
Company Contact:
Ion Varouxakis
Chief Executive Officer
FreeSeas Inc.
89 Akti Miaouli Street
185 38 Piraeus, Greece
Tel: 011-30-210-45-28-770
Fax: 011-30-210-429-10-10
E-Mail: info@freeseas.gr
http://www.freeseas.gr
Investor Relations / Financial Media:
Thomas J. Rozycki, Jr.
Sr. Vice President
Cubitt Jacobs & Prosek Communications
350 Fifth Avenue - Suite 3901
New York, NY 10118, USA
Tel: +1.212.279.3115 x208
Fax: +1.212.279-3117
E-Mail: trozycki@cjpcom.com
http://www.cjpcom.com
SOURCE FreeSeas Inc.
----------------------------------------------
Ion Varouxakis
Chief Executive Officer of FreeSeas Inc.
+1-011-30-210-45-28-770
Fax
+1-011-30-210-429-10-10
info@freeseas.gr; or Investor Relations and Financial Media
Thomas J. Rozycki
Jr.
Sr. Vice President of Cubitt Jacobs & Prosek Communications
+1-212-279-3115 x208
Fax
+1-212-279-3117
trozycki@cjpcom.com
for FreeSeas Inc.
POYS - Pristine International Seafood, Inc. Changes Name to SwedishVegas, Inc. and Takes Other Corporate Actions Including Stock Split
The Board of Directors of Pristine International Seafood, Inc. (PINKSHEETS: POYS) has unanimously approved a reverse stock split of 1:100 shares, an increase of the authorized common shares to 3 billion and a change of the Company name to SwedishVegas, Inc. The name change has been filed with the Secretary of State of Florida and is now effective. The Company anticipates the reverse stock split to be effective on May 15. The Company will also be granted a new ticker symbol at the same time the stock split becomes effective.
SwedishVegas, Inc. intends to provide current information disclosures on an on-going basis through PinkSheets.com and to become a subscriber to the Pink Sheets OTCIQ service agreement.
SwedishVegas, Inc.
SwedishVegas, Inc., 3700 Newport Blvd., Suite 102, Newport Beach, CA 92663, info@swedishvegas.com, (949) 673-1800, fax: (949) 673-1818 Attn: Van Holster, Director
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Contact:
Van Holster
Director
SwedishVegas, Inc.
3700 Newport Blvd., Suite 102
Newport Beach, CA 92663
Email Contact
(949) 673-1800
fax: (949) 673-1818
Source: Market Wire (April 26, 2007 - 2:34 PM EDT)
News by QuoteMedia
www.quotemedia.com
SPEX - Spherix Signs Letter of Intent for the Sale of Its Information Subsidiary
Will Become Exclusively a Biotech Company
Apr 26, 2007 9:06:00 AM
BELTSVILLE, Md., April 26 /PRNewswire-FirstCall/ -- Spherix Incorporated (Nasdaq: SPEX) has signed a letter of intent to sell the stock of its subsidiary, InfoSpherix Incorporated, to The Active Network Inc. Terms of the deal have not been disclosed. InfoSpherix contracts with government agencies to design, host, and operate park reservation services and public service contact centers.
The letter of intent calls for an exclusivity period during which the definitive agreement is to be finalized. This agreement will be submitted to Spherix's stockholders for approval. It is expected that the transaction can be completed by the end of the summer.
The sale will allow Spherix to focus all of its efforts on biotechnology products developed by the Company's BioSpherix Division. The highest priority is to commercialize Naturlose(R), which Spherix is studying as a treatment for Type 2 diabetes. Spherix has already developed the potential treatment through Phase 1 and Phase 2 clinical trials, with a large-scale Phase 3 trial set to begin by the end of this month.
With the influx of cash from the sale, Spherix will be better positioned to accelerate research and development of Naturlose as well as other biotechnology products. It plans to begin acquiring the necessary resources, and intends to seek additional funding and pharmaceutical partners to assist in completing development of these products.
"This is a great win for all involved," said Richard Levin, Spherix's President and CEO. "Spherix gets the resources it needs to fully support Naturlose in the most critical period of its development. The Active Network gets the best park reservations technologies and people available to help accelerate its own growth in that market. And as an Active subsidiary, InfoSpherix gets the dynamic marketing vision and reach needed to get its innovative products and services into a much broader and deeper market. It will allow us to better serve our clients."
"The acquisition of InfoSpherix will enable The Active Network to substantially expand its business in park reservations, a market where we see tremendous opportunities," said Matt Landa, president of The Active Network, Inc. "We look forward to working with the InfoSpherix team to provide additional and enhanced products and services to their current and future customer base."
Certain statements contained herein are "forward looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied. Factors that could cause actual results to differ materially from those expressed or implied include, but are not limited to, those discussed in filings by the Company with the Securities and Exchange Commission, including the filing on Form 8-K made on March 3, 1999.
About Spherix Incorporated
Under its motto, "A World of Solutions," Spherix's mission is to create value and increase shareholder wealth through innovations that benefit our clients and the human condition. Spherix offers innovations in information technology, knowledge management, and biotechnology. InfoSpherix designs, hosts, and operates real-time business and contact center solutions for government agencies, with a major focus on public park agencies. InfoSpherix is a wholly owned subsidiary of Spherix Incorporated, based in Beltsville, Maryland. After the sale of InfoSpherix, Spherix will devote its full effort to the new biotech company.
About The Active Network, Inc.
The Active Network, Inc., based in San Diego, Calif., provides application services technology and marketing access to community service and participatory sports organizations, and is a leading online community for active lifestyles.
Spherix's Internet address is http://www.spherix.com.
SOURCE Spherix Incorporated
----------------------------------------------
Investor Relations
Spherix Incorporated
+1-301-419-7877
info@spherix.com
finally got a
minion from ameritrade to admit that TD owns (owned) an interest in citigroup global aka market maker SBSH
wowza big surprise...NOT
Ameritrade used to own 19% of NITE
go figure
What do you get...
when you dump an ameriturd in the TDouthouse?
a Royal stinky flush
PAQN - Powersmart Holdings Limited Utilizes APO(sm) Service To Go Public and Complete Private Financing
Apr 25, 2007 3:49:00 PM
GONGYI, China, April 25 /Xinhua-PRNewswire-FirstCall/ -- Point Acquisition Corporation ("Point Acquisition") (OTC Bulletin Board: PAQN.OB) announced the closing of a share exchange transaction with the shareholder of Powersmart Holdings Limited, a British Virgin Islands corporation ("Powersmart") and a related private placement financing transaction. Point Acquisition will operate through its consolidated indirect Chinese subsidiaries to execute the current business plan of those subsidiaries.
In the share exchange transaction Powersmart's stockholder, Mr. Shunqing Zhang, was issued 16,887,815 shares of Point Acquisition's common stock in exchange for 100% of the issued and outstanding shares of Powersmart. In conjunction with the exchange transaction, Point Acquisition closed a private placement of its common stock in which it will issue 5,347,594 shares of its common stock in exchange for anticipated gross offering proceeds of $10 million, or approximately $1.87 per share, before payment of commissions and fees. Assuming the issuance of 5,347,594 shares of common stock to the investors, the shares of common stock held by such investors will represent approximately 21.9% of the total outstanding common stock of Point Acquisition, on a fully diluted basis. The shares of common stock received by Mr. Zhang in the exchange transaction represent 69.2% of the total issued and outstanding common stock of Point Acquisition, on a fully diluted basis, taking into account the shares issued to investors in the private placement. Following the consummation of the private placement, the number of shares of common stock of Point Acquisition issued and outstanding is 24,038,280.
In connection with the private placement, if a minimum $8.2 million net income for fiscal year 2007 or a minimum $13.5 million net income in fiscal year 2008 is not achieved then the investors and others involved in the transaction will be entitled to receive from Mr. Zhang additional shares of Point Acquisition's common stock pursuant to a pre-defined formula agreed to between the parties and Mr. Zhang. For the fiscal year ended December 31, 2006 Powersmart reported consolidated revenues and net income of $27.5 million and $4.5 million, respectively. Point Acquisition expects to achieve revenues of $45.4 million for fiscal year ending December 31, 2007 and $68.4 million for fiscal year ending December 31, 2008. Additional information regarding these obligations can be found in the future SEC filings made by Point Acquisition.
As a result of the exchange transaction, Powersmart has become a wholly- owned subsidiary of Point Acquisition. Mr. Shunqing Zhang was elected to the Board of Directors of Point Acquisition and was appointed its President and Chief Executive Officer. Point Acquisition's shares are listed on the Over-the-Counter Bulletin Board under the symbol, PAQN.OB.
Mr. Zhang stated, "We want to thank our financial advisor, HFG International, Limited, for facilitating our efforts in connection with our private financing and the going public transaction. These transactions have given us access to the U.S. capital markets, with the intent of capitalizing on significant growth opportunities."
Brean Murray, Carret & Co. acted as the placement agent in the $10 million private placement transaction. Heritage Management Consultants, Inc. provides professional, management and advisory services to Powersmart.
About Powersmart Holdings Corporation
Powersmart is a mineral based manufacturer whose products include monolithic refractories, ceramics and fracture proppant. Monolithic refractories serve as heat resistant protective linings in industrial furnaces and other heavy machinery used in the steel, iron, cement, glass and aluminum industries. Ceramic products are heat and erosion resistant which are used to house high voltage switches and fuses and to transfer liquids, solids and gases. Fracture proppant is used in operating oil wells to release trapped oil allowing it to be extracted to the earth's surface. Powersmart conducts business through its Chinese based subsidiaries Henan Gengsheng Refractories Co., Ltd., Zhengzhou Duesail Fracture Proppant Co., Ltd. and Henan Gaowen Materials Co., Ltd.
APO(sm) is a service mark of Halter Financial Group, Inc. ("HFG"). HFG's APO services allow privately held corporations to go public via the reverse merger process and simultaneously complete a private capital raising transaction.
FORWARD LOOKING STATEMENTS
This release contains certain "forward-looking statements" relating to the business of Point Acquisition and its subsidiary companies, including statements regarding the ability of the Company and its subsidiaries to follow its business strategy, plans and objectives and capitalize on growth opportunities, the ability of the Company to achieve revenue expectations and any other statements of non-historical information. These forward looking statements are often identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to Point Acquisition or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. Point Acquisition does not assume a duty to update these forward-looking statements.
CONTACT: Mr. Denis Tontodonato
(704) 562 0082
SOURCE Point Acquisition Corporation
----------------------------------------------
Mr. Denis Tontodonato
+1-704-562-0082
for Point Acquisition
SNTX - Sentex Sensing Technology, Inc. Signs Binding MoU to Acquire ICOM Holdings Ltd. to Broaden and Support European Businesses of Sentex
Apr 25, 2007 3:46:00 PM
CLEVELAND, April 25 /PRNewswire-FirstCall/ -- Sentex Sensing Technology, Inc. (OTC Bulletin Board: SNTX.OB) (http://www.sentextech.com). Henrik Rubinstein, President signed a binding Memorandum of Understanding to acquire ICOM Holdings Ltd. to support the future sale of biometrics driven Sentex products in the European Union.
ICOM, which provides technology services with active businesses, and with revenue approximating $8 million in 2006 (and projections for $10-$12 million in 2007/08) decided in a firm commitment to bundle activities with Sentex. ICOM will be the new European HQ and Service Center for the Sentex product line. The agreement states, based on the huge security needs of these countries as well as the upcoming service needs for (soon to be delivered biometric phones and communications), a tremendous business exists for growth in the European market.
The agreement calls for the issuance of new shares for 100% ownership of ICOM by Sentex via a registration statement. This acquisition, with the strong security market for Sentex products, will greatly enhance the marketing efforts of Sentex within the European Community. Further details are forthcoming.
ABOUT Sentex Sensing Technology, Inc.
Sentex Sensing Technology, Inc. is a multi-biometric technology company. Sentex provides fingerprint, facial and voice biometric technologies, as well as systems, and critical system components that empower the identification of individuals in large-scale ID and ID management programs. The Company's offerings include access control, Computer based Internet authentification, Biometric Smart Cards and services for biometric data capture, mobile POS systems, and backend standards-based modules and software components for biometric matching and data mining.
ABOUT Balmoral Financial Services Companies
In operation since 1986, Balmoral (http://www.balmoralfinancial.com), an Ohio corporation, is a niche financial services company that specializes in identifying merger candidates and placing these transactions with American companies.
ABOUT Balmoral Capital Holding Companies
Professionals with significant transaction and industry expertise. A full spectrum of investment banking services including overseas IPO's, Follow- ons/Registered Directs, PIPEs, M&A Advisory and Debt Capital Markets in Europe and Asia. An exceptional client focus that is characterized by long term relationships and a history of advising. BCHI uses our main office in the British Virgin Islands to raise all capital. BCHI was formerly Zephyr Communication and was incorporated in 2005 (http://www.balmoralcompanies.com)(rkincai2@columbus.rr.com).
ABOUT ICOM
Founded in 1990, ICOM provides various technology based solutions -- which include: Converged Voice & Data Business Solutions (VoIP), Business telephone systems, voice and data Structured cabling, electrical, GPS, assisted technologies and more -- to businesses throughout the United Kingdom. The five companies employ over 30 persons, 100 sub contractors and have 1,000 clients in the UK. ICOM is involved in maintenance & support, managed services, GSM gateway solutions, SMS delivery, network services, office refurbishment and project management. For more info on BCHI contact General Director Rodney Kincaid (rkincai2@columbus.rr.com) and for services (http://www.icomtel.com).
SOURCE Sentex Sensing Technology, Inc.
----------------------------------------------
Marketing - Maryann Kusa of Sentex Sensing Technology
Inc.
+1-216-687-0289
ext. 125
+1-216-687-0298
fax
mak@sentextech.com
no kidding...memories abound
its a sign...SIGN - Signs Contract Worth Millions for Exclusive Rights to 21 Original TV Series
Business Wire "US Press Releases "
PALM BEACH, Fla.--(BUSINESS WIRE)--
Signet International Holdings, Inc. (OTCBB:SIGN) announced today that the company has executed an agreement with eight-time EMMY award winning TV producer, Robert L. Freeman, President of Florida based FreeHawk Productions, Inc., to purchase a package of 21 new TV series to be produced exclusively for Signet.
These original series include Dramas, Comedies, Documentaries, up to the minute Realities, and a few Animations. There will also be shows with topical content aimed at Tweens and Teens. Each series has the potential to yield many episodes. "These series have been independently evaluated at several million dollars and we are very fortunate to have acquired them at this early stage of our development. We are also fortunate to have the additional advantage of Triple Play Media collaborating with FreeHawk in the timely development of these programs," said Signet CEO, Ernest Letiziano.
Signet has an exclusive contract with Triple Play Media Management, Inc., of Phoenix, AZ, and its President, Richard Grad, to produce gaming, sports and entertainment programming, provide distribution and develop new products for Signet's planned network.
About Signet International Holdings, Inc.
Signet International Holdings, Inc. is a publicly owned corporation (SIGN:OTCBB) who, through its subsidiaries, will own and operate television stations and network(s) and will produce and distribute via various multimedia technologies, sports, gaming and entertainment programming. A primary component of Signet's business plan is the building of its own TV network(s) via the acquisition of small television stations and using them as a base to deliver its programming.
Forward Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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 from forecasted results. These risks and uncertainties include product demand, market competition, delays in website development, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
Source: Signet International Holdings, Inc.
lol...well,
not sure I am talking to myself...I do like to post interesting news so I can track the stocks. however I mostly have stopped posting news because the brokers/mms are nasty evil entities that crash the stocks on good news anyway.
Pizza International, Inc. Rated 'Speculative Buy,' Target Price $1.24 by Beacon Equity Research
Apr 20, 2007 2:34:00 PM
Copyright Business Wire 2007
DALLAS--(BUSINESS WIRE)--
Pizza International, Inc. (Pink Sheets:PZZL) has been rated "Speculative Buy" with a target price of $1.24 by Beacon Equity Research Analyst, Lisa Springer, CFA.
The full report is available at
http://www.BeaconEquityResearch.com.
Anyone interested in receiving alerts regarding Pizza International, Inc. research should email members@beaconequityresearch.com with "PZZL" in the subject line.
In the report, the analyst writes, "Pizza International, Inc. is a start-up company that specializes in on-line purchase and delivery of food, entertainment and other services via the Internet. The Company plans to grow by acquiring and creating unique Internet businesses and providing high-end customized services to families with children, executives, singles, and other consumers. Pizza International, Inc. owns Pzza.net and LookItsMeOnTV.com and is headquartered in Delray Beach, Florida.
"The Company plans to take advantage of the Internet's growth and capitalize on opportunities for providing on-line services in the areas of entertainment, food, travel and education. With an evolving business climate, growing demand for on-line services and e-commerce gaining momentum, Pizza International is well-positioned to leverage its recently acquired and developing Internet businesses to provide consumers with attractive, new services."
Other publicly-traded Internet search engine companies include Google (NASDAQ:GOOG), Yahoo (NASDAQ:YAHOO) and IAC/InterActiveCorp (NASDAQ:IACI).
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Pizza International, Inc. (PZZL). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated three hundred thousand free trading shares by a non-controlling third party (Turid Holdings) for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: Pizza International, Inc.
----------------------------------------------
Beacon Equity Research
Jeff Bishop
469-361-6239
www.BeaconEquityResearch.com
or
Pizza International
Inc.
Tim Simpson
CEO
888-439-1510
Thank you... actually a spray bottle and big stick works just fine.
MDII - MDI Delivers Advanced Product Order for Two School Campus Locations in California to Certified Integration Partner Construction Electronics, Inc.
Advanced Order to be Unified Into Larger School District Security Access, Alarm & Network Video Unification Program Scheduled for Award This Month
MDI, Inc. (NASDAQ:MDII), the leading provider of Unified Technology™ solutions for the security industry today announced that it has delivered an advanced order for immediate installation at two new school campuses in California by Certified MDI Security Integration Partner, Construction Electronics, Incorporated (CEI). The order is scheduled to be unified into a district-wide campus security project that includes access control, alarm management and a network based IP video surveillance management system. The MDI platform is designed to control all security alarms and surveillance points, throughout each campus in the district, from a central command center location.
The two projects are part of a larger construction project involving twelve new school campuses and three renovated school campuses to alleviate overcrowding in this California city’s most densely populated and rapidly developing areas. The first project is for a high school campus designed to accommodate 2,700 students in grades 9-12 with 323,196 square feet of building space across 24 acres of land.
The state-of-the-art campus will feature four comprehensive high schools on one campus, each one focusing on a different career field. Campus features include 77 general classrooms, an arts complex, library, complete athletic facilities, a 790-seat auditorium and 376 onsite parking spaces. The second project will be installed at a new middle school campus on over 36 acres with 162,000 square feet of facility space including three three-story buildings, five elevators and a 22,000 square foot administration building and library. The new campus will serve an estimated 1600 students in 6th through 8th grade.
The MDI system, integrated and maintained by knowledgeable professionals like CEI, delivers an automated security command and control environment to school districts which replaces human efforts with technical advances and serves as a centralized decision support system for security personnel. The analysis of real-time intelligence provided by system analytics empowers school security personnel to implement security procedures remotely, including keyless lockdowns, in an automated campus environment.
Unified access, alarm, video and audio communication capabilities give school security managers the advantage of having complete situational awareness during an incident. With this system, validating the current state of security in each classroom, within each school building at each district campus becomes a reality. Security cameras in every hallway and manual lockdown procedures that take hours to accomplish and verify at large campuses may sometimes provide teachers and administrators with a false sense of security.
Frank Hermes, President of CEI, sees the order as a manifestation of strong vision from both parties. “CEI applauds the school district’s wisdom in its selection of MDI as their security partner. MDI has been an industry-dominating player for so many years as a direct result of their incessant striving to provide the optimum, custom-tailored security system package that solves the client’s immediate requirements, while allowing flexibility for growth and change as needs and conditions evolve,” he stated.
“CEI has been our trusted integration partner for many years and we are pleased to be working with their technical security team once again on these new school campus projects,” stated J. Collier Sparks, President and CEO of MDI, Inc. “The breadth and depth of overall security experience within our two organizations in open school system environments delivers true value to district campuses, regardless of size or scope. I join Frank in applauding this security-minded California school system for selecting a proven campus security solution to protect their people, facilities and assets,” he concluded.
About Construction Electronics, Inc.
Construction Electronics Inc. (CEI), founded in 1975, is a professional services organization that provides a technical staff specializing in the design, engineering and project management of large complex security and communications systems. CEI has integrated electronic systems solutions over wide-area information networks for such organizations as Northrop Grumman, Intuit, Kaiser Permanente, San Diego Metropolitan Waste Water, SPAWAR, ISIS Pharmaceuticals, Veterans Administration and the San Diego City Police Department. For more information please visit www.c-e-i.com.
About MDI, Inc.
MDI (NASDAQ: MDII) manufactures security technology solutions designed to protect people, facilities and assets. These solutions are unified by ONE Technology. ONE Technology unifies security point products, systems and subsystems into a common management platform. Far beyond the Integrated Security Management software promoted by industry competitors, ONE delivers an open architecture environment that adapts each individual application and device into its platform - promoting global collaboration as ONE system. The MDI product family currently protects over 8 million alarm points across the globe for many of the world’s most recognized organizations including Microsoft, MBNA Worldwide, John Deere, Pepsi, FBI, TSA, Fidelity Investments, Bureau of Engraving & Printing, American Express, Department of Defense, IRS, Disney, Smithsonian Institution and MIT to name a few. For more information on MDI or its diversified line of security products, please visit www.mdisecure.com.
Forward-Looking and Cautionary Statements
Except for historical information and discussions contained herein, certain statements included in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this document, other than statements of historical fact, that address activities, events or developments that management expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements represent our reasonable judgment on the future based on various factors and using numerous assumptions and are subject to known and unknown risks, uncertainties and other factors that could cause our actual results and financial position to differ materially from those contemplated by the statements. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “project,” “forecast,” “plan,” “may,” “will,” “should,” “expect” and other words of similar meaning. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the Company’s expectation. Additional information concerning risk factors is contained from time to time in the Company’s SEC filings. The Company expressly disclaims any obligation to update the information contained in this release.
MDI, Incorporated, San Antonio
Investor Relations:
Richard A. Larsen, 210-582-2664
Richard.Larsen@mdisecure.com
or
Media:
Michael M. Garcia, 210-477-5400
Mike.Garcia@mdisecure.com
Source: Business Wire (April 20, 2007 - 9:09 AM EDT)
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Melamine in pet food may not be accidental
PET FOOD RECALL
Probe continues: Melamine in pet food may not be accidental | FDA: Tainted ingredient came from China | P&G vows more control of Menu Foods
Recall widens: Premium dry foods recalled | Canadian pet food added to list | Dog biscuits become latest product
Toll: Scores more may have died
Foods affected: 50 dog brands | 40 for cats
By Elizabeth Weise and Julie Schmit, USA TODAY
A nitrogen-rich chemical used to make plastic and sometimes as a fertilizer may have been deliberately added to an ingredient in pet food that has sickened and killed cats and dogs across the country, public and private officials say. A leading theory is that it was added to fake higher protein levels.
Melamine has been found in wheat gluten, rice protein concentrate and, in South Africa, corn gluten, all imported from China, and all meant for use in pet food, the Food and Drug Administration confirmed Thursday.
"It adds to the theory when you see other products that are labeled as protein supplements, in this case rice protein, and in South Africa corn gluten and in the previous case wheat gluten," said Stephen Sundlof, FDA chief veterinarian. "That melamine was found in all three of those, it would certainly lend credibility to the theory that this was intentional."
How the melamine got there is "not something we're going to be able to determine until we actually investigate the plants in China," he said.
The FDA has not yet been able to get letters of invitation from the Chinese government that would allow its inspectors to enter the country, he said.
ChemNutra, which imported the wheat gluten linked to last month's massive pet-food recall, says it is concerned its Chinese supplier spiked the product.
In a letter on ChemNutra's website, Chief Executive Steve Miller said, "We are concerned that we may have been the victim of deliberate and mercenary contamination for the purpose of making the wheat gluten we purchased appear to have a higher protein content than it did."
Melamine is "simply not a chemical even on the radar screen for food ingredient suppliers," he wrote.
But it does have a lot of nitrogen in it, says Ron Madl, director of Kansas State University's Bioprocessing and Industrial Value Added program. The most common way to test protein levels in the grain industry is to test for nitrogen, a major component of protein.
Adding melamine, with its high amount of nitrogen, to wheat gluten would give the illusion of a higher protein content, Madl said.
On Wednesday, San Francisco-based Wilbur-Ellis recalled all of its rice protein concentrate, imported from China, after FDA tests found melamine in it.
The Blue Buffalo Co. on Thursday recalled some of its Spa Select Kitten dry food because it contained rice protein concentrate from Wilbur-Ellis.
Wilbur-Ellis says five pet-food makers got the concentrate. More recalls are possible, the FDA said Thursday. Natural Balance Pet Foods said it had found melamine in two of its venison-based products, and so it did a recall. Its food was made by Diamond Pet Foods, which got the concentrate from Wilbur-Ellis.
The FDA said Thursday it is inspecting all incoming shipments of rice protein concentrate and wheat gluten from China.
Press reports out of South Africa say tests have confirmed that some Royal Canin pet food made there contained corn gluten imported from China that had melamine in it.
Sundlof said the FDA has no information that any of that corn gluten went to U.S. pet-food makers.
Another Pet Food Ingredient Is Contaminated by Chemical
By Patricia Sullivan
Washington Post Staff Writer
Friday, April 20, 2007; Page A08
The industrial chemical that led to a nationwide recall of cat and dog food has been found in another pet food ingredient imported from China, and in corn gluten sent to South Africa.
Melamine-tainted rice protein was used by five pet food makers, including Natural Balance Pet Foods, which recalled some lines Monday, and Blue Buffalo Co., which yesterday recalled its Spa Select Kitten dry food. Royal Canin South Africa recalled some of its dog food that used Chinese-made corn gluten.
Sen. Richard J. Durbin (D-Ill.) plans to introduce a bill addressing the FDA's oversight of food safety. (By Lauren Victoria Burke -- Associated Press)
Melamine, strongly suspected of causing kidney and liver failure in cats and dogs, was previously found in wheat gluten.
The Food and Drug Administration, which has increased its surveillance of pet food imports from China, has not been able to obtain visas for its investigators who want to visit the Chinese plants where the melamine-tainted bulk foods are believed to have originated. One theory investigators will pursue is whether melamine was deliberately added to boost the protein content, potentially making the bulk foods more valuable, FDA officials said.
Sen. Richard J. Durbin (D-Ill.) and Rep. Rosa DeLauro (D-Conn.) said Wednesday that FDA Commissioner Andrew C. von Eschenbach told them that the agency has twice asked for an invitation letter from the Chinese government, necessary to obtain the visas, without success.
"The fact that the Chinese are refusing to cooperate really is unacceptable," Durbin said. "If they won't cooperate at this level, it raises questions about all their exports to the United States."
Durbin and DeLauro, who plans to introduce bills addressing the FDA's oversight of food safety, sought the intervention of the Chinese ambassador in a letter pointing out that the United States imported $2.1 billion in agricultural products from China last year.
"At the moment, we don't have any ties in to the human food supplies, but every day we see another recurrence of pet food recall," DeLauro said. "The Chinese have a very poor record in their plans to control food contamination."
FDA officials said yesterday that the agency is investigating a report that tainted pet food was fed to hogs, possibly bound for the human food market. No melamine contamination of human food has been uncovered during the monthlong pet food scare, but it's a topic that federal officials worry about.
So much food -- for both pets and humans -- is imported that the FDA cannot inspect it all, although inspections routinely turn up fish, vegetables, fruits and other foods unfit for consumption. Imports account for 13 percent of the average American's annual diet, but only 1.3 percent receive even cursory inspection. In addition, many imported grains are not identified as meeting either human or animal standards.
No one knows how many animals have died as a result of the current pet food contamination, but the latest numbers from the Oregon state veterinary office and the Michigan veterinary association connect 96 deaths of dogs and cats to the pet food scare.
The recalls began March 16 after Menu Foods reported the deaths of dogs and cats to the FDA. The Canadian company makes more than 100 brands, with so many variations that the FDA has a searchable index and a downloadable spreadsheet with 5,500 items at http://www.fda.gov. One organization is listing pet foods that have not been recalled at http://www.thepetfoodlist.com.
The latest expansion of the pet food recall occurred early yesterday when a San Francisco distributor, Wilbur-Ellis Co., recalled 181 metric tons of rice protein concentrate after it tested positive for melamine.
The concentrate came from Binzhou Futian Biology Technology Co. Wilbur-Ellis Chief Executive John Thacher said the April 4 shipment contained 145 white bags of rice protein concentrate and one pink bag. While the pink bag was labeled "melamine," it contained rice protein concentrate. The Chinese said that apparently it was used when the proper bag broke, Thacher said. Melamine residue contaminated the rice protein, and not just in the pink bag, FDA officials said yesterday.
BMGX - Royal Gold and Battle Mountain Gold Exploration Sign Definitive Merger Agreement
Apr 18, 2007 12:12:00 PM
DENVER, April 18 /PRNewswire-FirstCall/ -- ROYAL GOLD, INC. (Nasdaq: RGLD; Toronto: RGL) ("Royal Gold") and Battle Mountain Gold Exploration Corp. (OTC Bulletin Board: BMGX) ("Battle Mountain") announced today that they have signed a definitive merger agreement under which Royal Gold will acquire 100% of the fully diluted shares of Battle Mountain in an all-stock merger transaction. The merger agreement was unanimously approved by both companies' boards of directors. This transaction was initially discussed in Royal Gold's March 5, 2007, press release.
The consideration payable to Battle Mountain shareholders will depend on the average trading price of Royal Gold's common stock preceding the closing, and ranges from 1,634,410 Royal Gold shares, if the Company's stock price is at $29.00 or below, to 1,570,507 Royal Gold shares, if the Company's stock price is at $30.18 or above. A proportional adjustment will be made between these two trading prices. On a per share basis, Royal Gold will pay Battle Mountain shareholders between 0.0172 and 0.0179 shares of Royal Gold's common stock. This consideration is also subject to a potential holdback of approximately 50,000 Royal Gold shares, or approximately 0.0006 Royal Gold shares on a per share basis, for contingent liabilities.
Royal Gold has obtained agreements from Mark Kucher, Chairman of Battle Mountain, and IAMGOLD Corporation providing that each will vote its respective shares in favor of the merger transaction. These agreements represent approximately 39.9% of the outstanding shares of Battle Mountain.
The closing of this transaction is subject to Battle Mountain shareholder approval, satisfactory completion of due diligence, receipt of any regulatory approvals, and satisfaction of customary conditions.
Battle Mountain is a precious metals royalty company with a portfolio consisting of royalties on 12 properties located mainly in the Americas. Their principal assets include a 3.25% net smelter return ("NSR") royalty on gold production and a 2.0% NSR royalty on silver production from the Dolores project in Mexico, which is under development by Minefinders Corporation Ltd. Battle Mountain has disclosed that their royalty properties contain approximately 4.8 million ounces of gold reserves and 136 million ounces of silver reserves.
Royal Gold is a precious metals royalty company engaging in the acquisition and management of precious metal royalty interests. Royal Gold is publicly-traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at www.royalgold.com.
Cautionary "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: With the exception of historical matters, the matters discussed in this press release include forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained herein. Such forward- looking statements include statements regarding reserve estimates and the anticipated closing of the merger transaction. The principal assets of Battle Mountain include royalty interests on a project not yet in production. Like any royalty acquisition involving royalties on a non-producing project, the royalty interest that will be acquired in the merger transaction is subject to certain risks, such as the ability of the operator to bring the project into production and operate in accordance with the feasibility study and the ability of Royal Gold to make accurate assumptions regarding valuation and timing and amount of royalty payments. In addition, the various royalty interests that will be acquired in the merger transaction are subject to risks associated with conducting business in a foreign country, including application of foreign laws to contract and other disputes, foreign environmental laws and enforcement and uncertain political and economic environments. Factors that could cause actual results to differ materially from forward looking statement include, among others, timing and benefits of the consummation of the merger transaction, the satisfactory completion of due diligence on Battle Mountain, precious metals prices, decisions and activities of the operator of the property, unanticipated grade, geological, metallurgical, processing or other problems the operator may encounter, changes in project parameters as plans continue to be refined, economic and market conditions, as well as other factors described in Royal Gold's Annual Report on Form 10-K, Battle Mountain's Annual Report on Form 10-KSB, and other of the companies' filings with the Securities and Exchange Commission ("SEC"). Most of these factors are beyond Royal Gold's ability to predict or control. Royal Gold disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned not to put undue reliance on forward- looking statements.
NOTE: This press release is not an offer to sell securities or the solicitation of an offer to buy securities. In connection with the proposed merger, Royal Gold intends to file a registration statement on Form S-4, including a prospectus of Royal Gold, as well as other materials with the SEC. Investors are urged to read the registration statement, including the prospectus (and all amendments and supplements to it) and other materials when they become available because they contain important information. Investors will be able to obtain free copies of the registration statement and the prospectus, when they become available, as well as other filings containing information about Royal Gold and Battle Mountain, without charge, at the SEC's web site (www.sec.gov). Copies of Royal Gold's filings may also be obtained without charge from Royal Gold at its web site (www.royalgold.com) or by directing a request to Royal Gold Inc., Attn.: Secretary, 1660 Wynkoop Street, Suite 1000, Denver, Colorado 80202.
SOURCE Royal Gold, Inc.
----------------------------------------------
Karen Gross
Vice President and Corporate Secretary of Royal Gold
Inc.
+1-303-573-1660
The plot thickens...
now dry food added and it was thought to be just a wheat gluten
problem.
"The source of the melamine appears to be a rice protein concentrate, which was recently added to the dry venison formulas. Natural Balance does not use wheat gluten, which was associated with the previous melamine contamination."
Natural Balance Recalls Pet Food
One of the Few Brands to Use "Human Grade" Ingredients
By Lisa Wade McCormick
ConsumerAffairs.Com
April 17, 2007
• Natural Balance Recalls Pet Food
• Pet Food Importer Blames Its Chinese Supplier
• Pet Owners Organize to Put Congress on a Short Leash
• Consumers Want Action to Prevent Future Pet Poisonings
• Senate Hears from Pet Food Lobbyists, FDA Officials, Promises Action
---
Another pet food company has recalled some of its products after receiving complaints that dogs and cats are vomiting and experiencing kidney problems.
Natural Balance Pet Foods announced on its Web site that it is pulling all dates of Venison & Brown Rice Dry Dog Food and Venison & Green pea Dry Cat Food from the market.
"We do not know what it wrong with the food at this time," the California-based company states on its Web site, "but we have heard that animals are vomiting and experiencing kidney problems. Although the problems seem to be focused on one particular lot, as a precautionary measure, we are pulling all dates of Venison & Brown Rice Dry Dog Food and Venison & Green Pea Dry Cat Food from the shelves."
The message adds: "We are working closely with the Food and Drug Administration (FDA). Please discontinue feeding all Venison and Brown Rice Dry Dog Food and Venison and Green Pea Dry Cat Food." The company said no other Natural Balance products are affected by the recall.
The FDA said that there is "no indication at this time whether this is related to the ongoing pet food recalls."
On the company's 800 number, a recorded message Monday night stated the only test results Natural Balance has received back are bacterial reports. And those tests did not reveal any abnormal findings.
Natural Balance's Web site said the affected brands of pet food contain no grains like wheat, barley, corn, and oats. And wheat gluten is not listed as an ingredient for either brand of Natural Balance's recalled pet foods.
The FDA says the nearly 100 brands of pet foods and treats involved in the nationwide recall -- announced on March 16, 2007, by Menu Foods of Canada -- were made with melamine-tainted wheat gluten imported from China. Melamine is a fertilizer and a chemical commonly used in plastics.
Expert Calls It "Very Upsetting"
Ann Martin's Books
Canadian author Ann N. Martin, who researched the pet food industry for five years, called Natural Balance's recall "very upsetting."
In earlier interviews with ConsumerAffairs.com, Martin said Natural Balance is one of the few pet foods on the market made with "human grade" ingredients.
"These are ingredients that have been inspected and passed for human consumption," says Martin, author of "Food Pets Die For ... Shocking Facts About Pet Food," and "Protect Your Pets ... More Shocking Facts." Martin says she feeds her dog Natural Balance Premium food when she boards him at the kennel.
When ConsumerAffairs.com contacted Martin late Monday night about Natural Balance's recall, she said: "I had heard about this yesterday morning and can't figure out what the heck is going on. If there is something wrong with this food, and it is one of the top foods on the market, I will just forget telling people what foods they should feed their pets. This is very upsetting. "
Pet owners can call Natural Balance's toll-free number at 800-829-4493 or visit its Web site for more information.
South Africa
In related news, the pet food recall has now spread to South Africa.
Royal Canin South Africa, which manufacturers Royal Canin premium dog and cat food -- and the cheaper brand Vets Choice -- announced that it was recalling the products because they'd caused kidney failure in dogs and cats, according to reports in The Namibian, an independent daily newspaper published in Windhoek, and allAfrica.com.
Royal Canin South Africa advised veterinarians in South Africa and Namibia to stop selling Vets Choice until further notice.
The paper said laboratory tests are being done to determine if the food is contaminated.
Nineteen dogs in Cape Town and Johannesburg -- that ate Vets Choice food -- have been diagnosed with acute kidney failure, according to News 24, South Africa's premier news source.
A statement sent to veterinary surgeons in South Africa said: "In the interests of patients and pending tests being conducted on Vets Choice products, Royal Canin South Africa has decided to suspend all sales of Vets Choice with immediate effect and vets are requested to advise clients to cease feeding Vets Choice products to their pets until further notice."
The South African subsidiary of Hill's Pet Nutrition previously recalled a batch of its Prescription Diet m/d Feline dry food in the wake of the massive recall in the United States. The prescribed cat food is only available from veterinarians.
The South African Veterinary Association called Hills' recall "a precautionary measure" and said it hadn't appeared to affect cats in South Africa, The Namibian reported.
Dr Guy Fyvie, spokesperson for Hill's in South Africa, told News 24, the potentially affected products had never been released from the warehouse to South African veterinarians and all food sold in that country is safe.
This isn't the first time South African pet owners have worried about the food they're feeding their dogs and cats.
Earlier this year, approximately 35 dogs in that country died after eating toxic pet food. In that case, the pets died from ethylene glycol-contaminated food -- manufactured by Aquanutro -- and sold at Woolworths in South Africa.
Finger-Pointing Begins
The United States company that imported the tainted wheat gluten -- ChemNutra of Las Vegas, Nevada -- says it was victimized by its Chinese supplier, XuZhou Anying Biologic Technology Development Co. Ltd.
In a letter posted on the company's Web site, CEO Steve Miller also said he is "appalled" that Menu Foods took so long to recall the contaminated pet food.
"The possibility that any animal fell ill or died because of an ingredient we may have supplied to Menu Foods saddens us and also angers us because it means that ChemNutra has been victimized as well, by our own supplier," Miller wrote, adding his company will no longer do business with XuZhou Anying.
"We are concerned that we may have been the victim of deliberate and mercenary contamination for the purpose of making the wheat gluten we purchased appear to have a higher protein content than it did, because melamine causes a false high result on protein tests," Miller said.
Miller was referring to allegations that the melamine could have intentionally been added to the wheat gluten -- a theory raised earlier this month by the director of the FDA's Center for Veterinary Medicine.
"Somebody may have added melamine to the wheat gluten in order to increase what appears to be the protein level," the FDA's Stephen Sundlof said. "Wheat gluten is a high-protein substance and by trying to artificially inflate the protein level, it could command a higher price. But that's just one theory at this point."
Miller said his company had never heard of melamine before this recall.
"We had no idea that melamine was an issue until being notified by the FDA on March 29," he wrote on the company's Web site. "It's simply not a chemical even on the radar screen for food ingredient suppliers."
Miller also said his company is "distressed" with Menu Foods' handling of the pet food recall.
"We are appalled and distressed that Menu Foods took so long to recall its products, although it clearly suspected there was a problem for weeks prior to the first recall," he wrote. "And it wasn't until eight days before they issued their first recall that Menu Foods told us that wheat gluten was one of many ingredients it was investigating."
Questions Raised about ChemNutra
Questions, however, have surfaced in recent weeks about ChemNutra and its ties to China. The Canadian investigative newspaper, Canada Free Press, describes the company's Chinese headquarters as a "rundown warehouse in rural China."
That warehouse, the paper adds, is located within 50 miles of XuZhou Anying, the company blamed for supplying the tainted wheat gluten.
The Las Vegas Review Journal says ChemNutra's Las Vegas office -- at Durango and Charleston Streets -- is "very small ... without even a sign on the door."
ChemNutra touts its ties to China, stating it "imports high-quality nutritional and pharmaceutical chemicals from China to the US. We purchase our inventory from quality-assured manufacturers in China; most of whom we have strong relationships over the past twelve years."
The company's president, Sally Miller, also has strong ties to China.
ChemNutra's Web site states she has "more than 12 years experience in China as QA Manager and Purchasing Manager ... and was responsible for purchasing large quantities of nutritional and food ingredients in China for export worldwide."
The Web site also states Sally Miller has an MBA -- and an Engineering degree -- in Food Engineering, but doesn't state where she earned those degrees. Canada Free Press learned she "earned an MBA from City University in Seattle, as well as (an) Engineering degree in Food Chemical Engineering at Hanzhou Institute of Commerce in Hanzhou, China."
PURH - Pure H2O Inc. Authorizes Plan for Major Stock Buy Back of up to 51% of Float
Pure H2O Inc. (PINKSHEETS: PURH), a provider of water treatment and purification systems, is pleased to announce the approval by its Board of Directors to buy back up to $2.5 million of its common shares.
At the close of business on April 12th, 2007 there existed 112.8 million shares in Pure’s public float. The proposed plans are to purchase up to 60 million shares in the open market. This will represent approximately 51% of the public float.
“The current share price offers a unique opportunity to re-acquire and cancel outstanding company stock. In our opinion, the current share price does not accurately reflect the company’s current conditions, revenue picture or it’s growth potential,” stated Mr. Harvey Panesar, Secretary of Pure H2O Inc.
About PureH2O, Inc.:
Pure H2O, Inc. (PINKSHEETS: PURH) is a corporation which provides end-to-end consultation, design, implementation, and sales of technical solutions for clients with problem water. Pure H2O provides a full-service program that includes comprehensive application development, integrated storage and dosing equipment, chemical inventory supply and management as well as ongoing field and technical operations support. The Companies objective is to provide every client with cost effective and value added full-service solutions to meet their water quality control needs.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events
Taylor Capitol, Inc.
Stephen Taylor, 973-351-3868
STEPHTAYL9@AOL.COM
Source: Business Wire (April 13, 2007 - 2:00 PM EDT)
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EKCS - Electronic Control Security, Inc. is Teamed With Lockheed Martin On NAVFAC Program
Apr 13, 2007 11:44:00 AM
2007 PrimeNewswire, Inc.
CLIFTON, N.J., April 13, 2007 (PRIME NEWSWIRE) -- Electronic Control Security, Inc. (OTCBB:EKCS) ("ECSI"), a leading provider of electronic security system technologies and services to the government, military and private sectors, today announced that it had received notification of a subcontract award as an integral part of the Lockheed Martin Warrior Shield Team. This Anti-Terrorism Force Protection initiative is for U.S. naval bases worldwide.
The ATFP Procurement, Installation, and Maintenance-Multiple Award Contract (PIM-MAC) program is designed to upgrade Naval installations with anti-terrorism detection, assessment, tracking and response systems to protect assets, personnel and equipment from the sort of terrorist threats best illustrated by the USS Cole, Marine Barracks and embassy incidents. The program will provide security enhancements including regional and local command/control/response centers for worldwide naval installations.
ECSI's awards under the program are a result of the company's unique core competency in the manufacture and support services for state of the art multi-environment land sea and air perimeter intrusion detection systems. The company's inclusion as an integral member of the winning teams is based on ECSI's status as a qualified DoD Small Business subcontractor under the small business set aside requirements of the program. Task orders are expected to be issued during the first quarter of fiscal 2008, which begins October 1, 2007.
"ECSI's award under the ATFP PIM-MAC program is another step forward in achieving our objectives," stated Arthur Barchenko, President and CEO. "We will be operating as a subcontractor to our winning team partners which gives us a significant portion of the award,. At this point it is premature to quantify the expected size of the awards to ECSI over the full term of the program, but we do look forward to making further announcements as we receive the initial task orders for the program as it ramps up this summer."
About Anti-Terrorism Force Protection PIM-MAC Program
The ATFP PIM-MAC Program is a critical element in improving the security posture at Navy shore installations worldwide. It includes Waterside Security Systems; Electronic Security Systems (ESS); Access Control; Command, Control, Communications and Intelligence; and more. The purpose of the program is the procurement, installation, and sustainment of Anti-Terrorism Force Protection Ashore Program equipment at naval installations worldwide. The total amount per year is not to exceed $100,000,000; and the cumulative total for all four contracts over the entire contract term is $500,000,000 (base period and four one-year options).Work will be performed at various locations worldwide. The term of the contract is not to exceed 60 months, with an expected completion date of March 2008 (March 2012 with options). Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured via the Naval Facilities Engineering Command e-solicitation website with 11 proposals received. The Naval Facilities Engineering Command, Southwest, Specialty Center Contracts Core, Port Hueneme, Calif., is the contracting activity.
About ECSI
ECSI is recognized as a global leader in perimeter security and an effective quality provider for both the Department of Defense and Homeland Security programs. The company designs, manufactures and markets physical electronic security systems for high-profile, high-threat environments. The employment of risk assessment and analysis allows ECSI to determine and address the security needs of government and commercial-industrial installations. The company has teaming agreements with major system integrators in both the United States and overseas to support the installation and after market. ECSI is located at 790 Bloomfield Avenue, Bldg. C-1, Clifton, NJ 07012. Tel: 973-574-8555; Fax: 973-574-8562. For more information on ECSI, please visit http://www.anti-terrorism.com.
ECSI Safe Harbor Statement
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in economic conditions generally and in our industry specifically, changes in security technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, and changes in our acquisition and capital expenditure plans, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended June 30, 2006, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
CONTACT: ECSI
Kathleen Zomack
973-574-8555
PLRO - Stockholders Approve Contribution Agreement at Special Meeting; Shareholders Vote in Favor of All Proposals; Update on Closing of Contribution Agreement
Apr 13, 2007 11:37:00 AM
VANCOUVER, BC -- (MARKET WIRE) -- 04/13/07 -- Platinum Research Organization, Inc. (the "Company") (OTCBB: PLRO) today announced it received approval from its stockholders for completing the proposed Contribution Agreement transaction with Platinum Research Organization, L.P. et al. at the Special Meeting held April 12, 2007. The approval is an important step towards completion of the transaction which is expected to occur within the next week.
At the meeting the stockholders also approved the reincorporation merger of the Company with its wholly owned subsidiary in order to redomicile the Company from Nevada into Delaware and to update the corporate Charter documents of the Company. The Company has taken immediate steps to complete the reincorporation merger which will become effective as of today's date, April 13, 2007. The trading symbol and CUSIP number of the Company will not change because of the reincorporation merger.
The stockholders also voted to elect six directors on close of the Contribution Agreement -- Messrs. Thomas G. Plaskett, Cork Jaeger, Allan McArtor, Arnold Burns, Ben du Pont, and Mike McMillan. Furthermore, shareholders adopted an incentive equity plan.
"We look forward to quickly completing the Contribution Agreement and enhancing stockholder value by the resultant change of business this entails," said Ms. Cecelia Pineda, President and C.E.O. of the Company.
PLATINUM RESEARCH ORGANIZATION, INC.
/s/ Cecelia Pineda
Per:
Cecelia Pineda, President & C.E.O.
Forward-Looking Statements
Certain statements made in this document are forward-looking. Such statements are indicated by words such as "expect," "should," "anticipate," "may" and similar words indicating uncertainty in facts and figures. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to be correct. Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors.
For further information please contact:
Charles Moskowitz
Focus Partners Inc.
Telephone: 781-826-8882
RCAU - Rocket City (RCAU) Announces Issuance of Stock Dividend
Apr 13, 2007 11:16:00 AM
Copyright Business Wire 2007
ORLANDO, Fla.--(BUSINESS WIRE)--
Rocket City Automotive Group (Pink Sheets:RCAU), board of directors announced today that RCAU will be paying a ten percent (10%) stock dividend on Monday, May 28, 2007 to all shareholders of record on April 20, 2007. All fractional shares will be rounded up upon the issuance of the dividend. The distribution of additional shares will be made through the transfer agent of Rocket City Automotive Group.
Jeff Roman, CEO of Rocket City Automotive Group (RCAU) offered the following comments:
"It is our belief that the payment of a stock dividend, at the present time, will improve liquidity and trading volume of the RCAU stock as our Company's unexpected growth continues to accelerate. We further believe that as our company's performance becomes more predictable and certain it will create additional shareholder value.
"This action should not be construed as setting a precedent for future stock dividends nor should it be construed as a one time action."
About CompleteAuto:
CompleteAuto offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary of Rocket City Automotive Group, Inc. (Pink Sheets:RCAU) which was formed to acquire, manage supervise and operate corporations specializing in auction services, eCommerce, software development and retail automotive operations.
CompleteAuto and RocketCity believe there are enormous growth opportunities in the $1 trillion automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at www.rocketcityauto.com to learn more.
Learn more about Complete Auto by visiting: www.completeauto.com
Disclaimer:
Cautionary Statement about Forward-Looking Statements
This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things: (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
Source: Rocket City Automotive Group, Inc.
----------------------------------------------
Rocket City Automotive Group/CompleteAuto
Orlando
Investor Relations
Charlie Garcia
305-373-7555
invest@rocketcityauto
PRCC - Pricester's Year End Revenues Up Nearly 500 Percent
Apr 13, 2007 9:45:00 AM
2007 PrimeNewswire, Inc.
HOLLYWOOD, Fla., April 13, 2007 (PRIME NEWSWIRE) -- Pricester.com, Inc. (OTCBB:PRCC) continues to grow exponentially with a reported 498% year-end increase in revenues compared to the previous year. Pricester operates an innovative Internet shopping portal and provides cost-effective website development and related services to small businesses.
In the same manner, Pricester's revenues have increased by over 350% in each of the last two quarters compared to the previous year.
The dramatic increase in revenue is due to Pricester's strong emergence from its R&D phase to its current sales and marketing program. Ed Dillon, Pricester's CEO, commented, "2006 was definitely a break-out year for Pricester. We emerged, as planned, with attractive products and services designed specifically for the small business and entrepreneurial sectors. We're enjoying healthy increases in revenues contributing to a 16% reduction in operational losses and the carry-over into 2007 is painting a very positive picture."
Pricester is continuing to lucratively employ it's expertise with the launch of aligned services. Last month the company introduced REVSITES, a website build-out service targeting the domaining industry. Mr. Dillon added, "We're capitalizing on what we know how to do, and bringing that expertise to new market niches that hold enormous potential. Our REVSITES service was a big hit at the recent T.R.A.F.F.I.C. domain exposition in Las Vegas and the highly complimentary post-show press that we received is a good indication of expanding our toehold in that industry, as well as other opportunities that fit our business model."
Mr. Dillon also expressed, "Along with the internal growth of Pricester, we are aggressively exploring a number of potential merger/acquisitions that could significantly strengthen stockholder value."
About Pricester.Com
Pricester.Com is an e-commerce company currently operating a website that enables any business to establish a fully functional online retail presence. The company's website, http://www.Pricester.com, is an Internet marketplace which allows vendors to host their website with product and service listings and allows consumers to search for those same listed products and services.
The Pricester.Com logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2804
Forward Looking Statements: Except for historical matters contained herein, the matters discussed in this release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these statements reflect numerous assumptions and involve risks and uncertainties that may affect Pricester.com, Inc., its business and prospects, and cause actual results to differ materially from these statements. Among these factors are Pricester.com, Inc.'s operations; competition; barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms; the schedule and sell-through for websites; consumer demand for websites; the timing of the introduction of new generation competitive ecommerce systems, pricing changes by key vendors for hardware and software, the timing of any such changes, and the adequacy of supplies of new software product.
In light of the risks and uncertainties inherent in these forward-looking statements, they should not be regarded as a representation by Pricester.com, Inc. or any other person that the projected results, objectives or plans will be achieved. Pricester.com, Inc. undertakes no obligation to revise or update the forward-looking statements to reflect events or circumstances after the date hereof.
This press release has been submitted to http://www.TOP10PressReleases.com for investors to vote on and help move into the TOP 10 of the day. Investors can locate the release by using the industry filter or searching by company name and/or stock symbol.
CONTACT: Pricester.com, Inc.
Investor Relations
Ed Dillon
(954) 272-1200
edillon@pricester.com
AGORACOM Investor Relations
PRCC@agoracom.com
http://www.agoracom.com/IR/pricester
just a burger...flipped it already.
NSDM - North Star Diamonds Inc. announces the following update
Apr 13, 2007 9:00:00 AM
BELLINGHAM, WA, April 13 /PRNewswire-FirstCall/ - North Star Diamonds, Inc. (Pink Sheets: NSDM) wishes to announce that the Company has entered into a reverse merger with Chanaral Resources, Inc. Their website (www.chanaralresources.com) is under construction and will be available soon. Mr. Jan Olivier, the president of Chanaral Resources, Inc. has been in the mining industry for many years. The company will be operating from the Bellingham address which is 114 W.Magnolia Street, Suite 400, pmb-102, Bellingham, WA 98225. For further information, please call 1-888-807-4438, which is the company's toll free number. Further press releases will be issued from Chanaral Resources, Inc. A new trading symbol for Chanaral will be announced shortly, replacing NSDM.
With regard to the spinoffs from North Star Diamonds, Inc., the following information is available.
North Star & Zale, Inc. is being changed to avoid possible conflict with other companies in the jewelry business. However, the Company wishes to announce it has joined with a very established broker of Canadian Diamonds, which will be marketed throughout North America. This company is presently in the process of being listed on the Pink Sheets. The present website, www.northstardiamonds.net, will continue to operate as well as the toll free number, 1-877-454-7872.
North Star Strategic Minerals, Inc. will continue diamond exploration in Manitoba as well as expanding into other metals, mostly gold and associated minerals. It is also in the process of being listed for trading on the Pink Sheets.
Black Sea Minerals, Inc. will remain in contact with the projects in Ukraine, however, due to the political situation existing presently, no funds will be expended there. To diversify, Black Sea Minerals, Inc. is in the process of acquiring uranium properties in Saskatchewan. Over 35% of the world's production of uranium is in Saskatchewan.
About North Star Diamonds, Inc.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net, Walter Stunder, President
SOURCE North Star Diamonds, Inc.
----------------------------------------------
Toll Free: 1-877-454-7872
or Email: contact@northstardiamonds.net
Walter Stunder
President
FMDA - Futuremedia Announces Completed Sale of Swedish Subsidiary
BRIGHTON, England, April 12 /PRNewswire-FirstCall/ -- Futuremedia plc (Nasdaq: FMDA) a leading learning and brand communications provider, today announced that it has completed the sale of its Swedish subsidiary, Open Training, to the Edvantage Group AS. Futuremedia will record an estimated gain from the sale, calculated on the net book values of the net assets transferred.
The sale price was SEK 7.2 million (GBP 522,000) ($1.03 million) which comprises an initial cash payment of SEK 1.5 million (GBP 109,000) ($215,000) plus a four year loan note obligation for a total of SEK 5.7 million (GBP 413,000) ($816,000) payable over four years. Futuremedia will retain the full rights of ownership and all intellectual property for Learngate(TM), the Learning Management System developed by Open Training on behalf of Futuremedia. Edvantage Group AS will have a perpetual license to use this technology without limitation.
These figures are quoted using an exchange rate of SEK 1 to GBP 0.0724.
About Futuremedia
Futuremedia plc is a global media company providing online education, e-marketing and brand communications services to public and private sector organizations. Established in 1982 and listed on the Nasdaq in 1993, we help our clients to communicate their values, product and brand information to employees, customers and industry, and we believe that education, or learning, is a key component in the communication mix. Futuremedia divisions are Futuremedia Learning and Button Communications. For more information, visit www.futuremedia.co.uk
'Safe Harbor' Statement under Section 21E of the Securities Exchange Act of 1934: This press release contains forward-looking statements related to future results and speaks only of Futuremedia's expectations as of the date hereof. Such statements include expectations regarding: the expected benefits from new sales, contracts or products; the expected benefits and success of operations in new markets; the expected benefits of expanding the sales operations of group companies into new geographical markets; the expected benefits of acquisitions; the expected benefits of financing arrangements; and the Company's future financial condition and performance. Such statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from expectations. The risks and uncertainties include: risks associated with the Company's ability to develop and successfully market new services and products (including the risk that such products may not be accepted in the market), risks relating to operations in new markets (including the risk that such operations may not deliver anticipated revenue or profits); risks associated with acquisitions (including the risk that such acquisitions may not deliver the benefits expected by management and risks associated with integration of acquisitions generally); risks that financing arrangements could result in substantial dilution to shareholders because of subscription prices below the current market value of the Company's ADSs or other factors; risks relating to the Company's ability to operate profitably in the future; risks associated with rapid growth; the Company's ability to successfully develop its business in new geographic markets; the early stage of the e-learning market; rapid technological change and competition; and other factors detailed in the Company's filings with the US Securities and Exchange Commission. The Company expressly disclaims any obligation to release publicly any updates or revisions to any such statement to reflect any change in expectations or in information on which any such statement is based. All product names and trademarks mentioned herein are trademarks of Futuremedia or their respective owners.
SOURCE Futuremedia plc
Source: PR Newswire (April 12, 2007 - 9:50 AM EDT)
News by QuoteMedia
www.quotemedia.com
more-on ALRP/AUUM
as the story unfolds..lol
wierd news shows up for ALRP
filing on 10th..about merger
AUUM filing today.
Name of surviving entity, if applicable
American Uranium Corporation
Name of merging entity, if applicable
Alpine Resources Corporation
A.
American Uranium is the wholly-owned subsidiary of Alpine;
B. The boards of directors of American Uranium and Alpine deem it advisable and in the best interests of their respective companies and shareholders that American Uranium be merged with and into Alpine, with Alpine remaining as the surviving corporation under the name “American Uranium Corporation”
C. The sole director of American Uranium has approved the plan of merger embodied in this Agreement; and
D.
The sole director of Alpine has approved the plan of merger embodied in this Agreement.
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Effective April 10, 2007, we completed a merger with our subsidiary, American Uranium Corporation. As a result, we have changed our name from “Alpine Resources Corporation” to “American Uranium Corporation”. We changed the name of our company to better reflect the direction and business of our company.
In addition, effective April 10, 2007 we have effected a 50 for one stock split of our authorized and issued and outstanding common stock. As a result, our authorized capital has increased from 100,000,000 shares of common stock with a par value of $0.00001 to 5,000,000,000 shares of common stock with a par value of $0.00001. Our issued and outstanding share capital has increased from 5,529,750 shares of common stock to 276,487,500 shares of common stock.
ALRP filing...
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4806556
just watching, these are notes so I can track it.
more..on AUUM
just a watch now, the name change to American Uranium Corp.
is what caught my eye. uranium is hot (pun intended)
2 on bid .05 .15, no ask
no trades yet
from filing yesterday
As of January 9, 2007, the Company had 5,529,750 shares of common stock outstanding.
November 30, February 28,
2006 2006
Common Stock, 100,000,000 shares authorized, $0.00001 par value
5,529,750 shares issued and outstanding (Feb. 28, 2006 – 5,000,000 shares) 52,980 50
Share Subscriptions Received - -
Additional Paid-in Capital 15,000 8,250
Deficit Accumulated During the Exploration Stage (55,706 ) (23,321 )
Total Stockholders’ Deficit (12,274 ) (15,021 )
Total Liabilities and Stockholders’ Deficit $ 28,278 $ 19
AUUM -- American Uranium Corp.
Com (New)
=============================================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-QSB
[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
FOR THE QUARTERLY PERIOD ENDED November 30, 2006
OR
[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the transition period from to
Commission file number 333-135201
ALPINE RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
Nevada 98-0491170
(State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.)
938 Howe Street
Suite 807
Vancouver, British Columbia V6Z 2X4
(Address of principal executive offices, including zip code.)
(604) 331-2505
(Registrant's telephone number, including area code)
The Company is a Shell company: Yes [X] No [ ]
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13
or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the Registrant was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]
As of January 9, 2007, the Company had 5,529,750 shares of common stock outstanding.
==========================================================================================================
--------------------------------------------------------------------------------
PART I
ITEM 1. INTERIM FINANCIAL STATEMENTS
Alpine Resources Corporation
(An Exploration Stage Company)
(Expressed in US dollars)
(Unaudited)
November 30, 2006
Index
Balance Sheets F-1
Statements of Operations F-2
Statements of Cash Flows F-3
Statement of Stockholders’ Deficit F-4
Notes to the Financial Statements F-5
-2-
--------------------------------------------------------------------------------
Alpine Resources Corporation
(An Exploration Stage Company)
Balance Sheets
(Expressed in US dollars)
(Unaudited)
November 30, February 28,
2006 2006
ASSETS
Current Assets
Cash $ 28,278 $ 19
Total Assets $ 28,278 $ 19
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY
Current Liabilities
Accrued liabilities $ 821 $ 3,000
Due to related parties 15,183 12,040
Total Liabilities 16,004 15,040
Stockholders’ Deficiency
Common Stock, 100,000,000 shares authorized, $0.00001 par value
5,529,750 shares issued and outstanding (Feb. 28, 2006 – 5,000,000 shares) 52,980 50
Share Subscriptions Received - -
Additional Paid-in Capital 15,000 8,250
Deficit Accumulated During the Exploration Stage (55,706 ) (23,321 )
Total Stockholders’ Deficit (12,274 ) (15,021 )
Total Liabilities and Stockholders’ Deficit $ 28,278 $ 19
-3-
--------------------------------------------------------------------------------
Alpine Resources Corporation
(An Exploration Stage Company)
Statements of Operations
(Expressed in US dollars)
(Unaudited)
For the Three Months Ended For the Nine Months Ended Accumulated From
November 30, November November November 30, March 23, 2005 (Inception)
2006 30, 2005 30, 2006 2005 to November 30, 2006
Revenue $ - $ - $ - $ - $ -
Expenses
General and administrative 933 6 2,216 321 2,537
Contributed rent expense 750 750 2,250 1,500 5,000
Consulting services contributed by
directors 1,500 1,500 4,500 4,500 10,000
Accounting and legal 6,419 - 16,419 - 29,419
Mineral property costs 7,000 - 7,000 - 8,750
Total Expenses 16,602 2,256 32,385 4,506 55,706
Net Loss $ (16,602 ) $ (2,256 ) $ (32,385 ) $ (4,506 ) $ (55,706 )
Net Loss Per Common Share – Basic and
Diluted $ (0.00 ) $ (0.00 ) $ (0.01 ) $ (0.00 ) $ (0.01 )
Weighted Average Number of Common
Shares Outstanding 5,529,750 5,000,000 5,529,750 5,000,000
F-2
The Accompanying Notes are an Integral Part of These Financial Statements
-4-
--------------------------------------------------------------------------------
Alpine Resources Corporation
(An Exploration Stage Company)
Statements of Cash Flows
(Expressed in US dollars)
(Unaudited)
For the Nine Accumulated
Months Ended from
For the Three Months Ended
November 30, November 30, November November March 23, 2005
2006 2005 30, 2006 30, 2005 (Inception) to
November 30,
2006
Operating Activities
Net loss $ (16,602 ) $ (2,256 ) $ (32,385 ) $ (18,524 ) $ (55,706 )
Adjustments to reconcile net loss to cash:
Contributed rent and consulting services 2,250 2,250 6,750 6,750 15,000
Mineral property costs 7,000 7,000 7,000
Change in non-cash operating work capital items:
Increase (Decline) in accrued liabilities (389 ) - (2,179 ) - 821
Increase in due to related parties 100 - 3,143 11,750 15,183
Net Cash (Used in) Operating Activities (14,641 ) (18 ) (24,671 ) (24 ) (24,702 )
Investing Activities
Mineral property costs (7,000 ) (7,000 ) (7,000 )
Net Cash (Used in) Investing Activities (7,000 ) (7,000 ) (7,000 )
Financing Activities
Advances from a related party - - - - -
Proceeds from the sale of common stock - - 52,930 50 52,980
Net Cash Flows Provided by Financing Activities - - 52,930 50 52,980
Increase (Decrease) in Cash (14,641 ) ( ) 28,359 26 28,278
Cash - Beginning of Period 42,919 0 19 (6 ) -
Cash - End of Period $ 28,278 $ (18 ) 28,278 20 $ 28,278
Supplemental Disclosure of Cash Flow Information
Cash paid during the period for :
Interest $- $- $- $- $-
Income taxes $- $- $- $- $-
-5-
--------------------------------------------------------------------------------
Alpine Resources Corporation
(An Exploration Stage Company)
Statement of Stockholders’ Deficit
From March 23, 2005 (inception) to November 30, 2006
(Expressed in US dollars)
(Unaudited)
Deficit
Accumulated
Share Additional During the
Common Stock Subscription Paid-in Exploration
# Amount Received Capital Stage Total
Balance – March 23, 2005
(Inception) – $ – $ – $ – $ – $ –
Issuance of common stock for cash at
$0.00001 per share 5,000,000 50 – – – 50
Contributed rent and consulting
services – – – 8,250 – 8,250
Net loss – – – – (23,321 ) (23,321 )
Balance – February 28, 2006 5,000,000 50 – 8,250 (23,321 ) $ (15,021 )
Contributed rent and consulting
services – – – 6,750 – 6,750
Share Subscriptions Received 529,750 52,930 52,930 – – 52,930
Net loss – – – – (32,385 ) (32,385 )
Balance – November 30, 2006 5,529,750 $ 52,980 $ 52,930 $ 15,000 $ (55,706 ) $ 12,274
F-4
The Accompanying Notes are an Integral Part of These Financial Statements
-6-
--------------------------------------------------------------------------------
Alpine Resources Corporation
(An Exploration Stage Company)
Notes to the Financial Statements
(Expressed in US dollars)
(Unaudited)
1. Nature and Continuance of Operations
Alpine Resources Corporation (“Company”) was incorporated in the State of Nevada on March 23, 2005. The Company is an Exploration Stage Company, as defined by Financial Accounting Standards Board (“FASB”) Statement No.7 and Securities and Exchange Commission (“SEC”) Industry Guide 7. The Company’s principal business is the acquisition and exploration of mineral resources in Canada. The Company has not presently determined whether its properties contain mineral reserves that are economically recoverable.
These financial statements have been prepared on a going concern basis, which implies the Company will continue to meet its obligations and continue its operations for the next fiscal year. Realization value may be substantially different from carrying values as shown and these financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. As at November 30, 2006, the Company has a working capital deficiency, has not generated revenues and has accumulated losses of $55,706 since inception. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability of the Company to obtain necessary equity financing to continue operations, and the attainment of profitable operations. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern.
The unaudited financial information furnished herein reflects all adjustments, which in the opinion of management are necessary to fairly state the Company’s financial position and the results of its operations for the periods presented. This report on Form 10-QSB should be read in conjunction with the Company’s Form 10-K for the fiscal year ended February 28, 2006. The Company assumes that the users of the interim financial information herein have read or have access to the audited financial statements for the preceding fiscal year and that the adequacy of additional disclosure needed for a fair presentation may be determined in that context. Accordingly, footnote disclosure, which would substantially duplicate the disclosure contained in the Company’s Form 10-K for the fiscal year ended February 28, 2006, has been omitted. The results of operations for the nine-month period ended November 30, 2006 are not necessarily indicative of results for the entire year ending February 28, 2007.
The Company has filed an SB-2 Registration Statement with the United States Securities and Exchange Commission and completed a public offering of 529,750 common shares at a price of $0.10 per share for maximum proceeds of $52,930 to the Company.
2. Summary of Significant Accounting Policies
a) Basis of Presentation
These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Company’s fiscal year-end is February 28.
b) Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
c) Basic and Diluted Net Income (Loss) Per Share
The Company computes net income (loss) per share in accordance with FASB Statement of Financial Accounting Standards (“SFAS”) No. 128, " Earnings per Share ". SFAS No. 128 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive.
-7-
--------------------------------------------------------------------------------
Alpine Resources Corporation
(An Exploration Stage Company)
Notes to the Financial Statements
(Expressed in US dollars)
(Unaudited)
2. Summary of Significant Accounting Policies (continued)
d) Mineral Property Costs
The Company has been in the exploration stage since its formation on March 23, 2005 and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining properties. Mineral property acquisition and exploration costs are expensed as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations.
3. Mineral Properties
On March 23, 2005 the Company acquired a 100% interest in one-24 unit mineral claims in the Nanaimo Mining Division, British Columbia, Canada, in consideration for $1,750. The claims are registered in the name of the President of the Company, who has executed a trust agreement whereby the President agreed to hold the claims in trust on behalf of the Company.
On September 5 th , 2006 Company paid $7,000 US to start a Phase 1-A exploration program on the Copper Creek Project, located in the Coombs area of Vancouver Island, BC.
The Phase 1-A program’s primary goal is to physically locate, geologically map and sample the three zones. This work will also provide verification of previous work. Two prospectors/geologists should spend six days on the property for this step.
The results of the Phase 1-A program, will assist in determining the exact areas that the Phase 1-B program will concentrate on.
4. Related Party Balances/Transactions
a) During the three months ended November 30, 2006, the Company recognized a total of $1,500 for donated consulting services at $500 per month and, $750 for donated rent at $250 per month, for contributed rent, provided by the President and Director of the Company. These transactions are recorded at the exchange amount which is the amount agreed to by the transacting parties.
b) On November 30, 2006, the Company owed the President and Director of the Company $15,183 for expenses paid on behalf of the Company and for cash advances. This amount is unsecured, non interest bearing, and has no specific terms for repayment.
c) On February 28, 2006, the Company entered into a trust agreement with the President of the Company. Refer to Note 3.
5. Common Stock
On March 23, 2005, the Company issued 5,000,000 common founder shares to the President of the Company at a price of $0.00001 per share for cash proceeds of $50.
On September 8th, 2006 the Company issued 529,750 shares of common stock at $0.10 per share pursuant to an SB-2 Registration Statement
-8-
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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS
This section of this report includes a number of forward- looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: believe, expect, estimate, anticipate, intend, project and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this report. These
forward-looking states are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or out predictions.
Plan of Operation
We are a start-up, exploration stage corporation and have not yet generated or realized any revenues from our business operations.
Our auditors have issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are
anticipated until we begin removing and selling minerals. There is no assurance we will ever reach this point. In September 2006, we raised $52,930 in our public offering of common stock. It should last 12 months.
We will be conducting research in the form of exploration of the property. We are not going to buy or sell any plant or significant equipment during the next twelve months.
The property is located within the east-central area of Vancouver Island, British Columbia, Canada, approximately 55 miles northwest of Vancouver, near Coombs in the French Creek drainage The property is in the Nanaimo Mining Division. The town of Coombs lies 4 miles to the north of the Property, Parksville, and the junction of Highways 4 and 19 (the “Island Highway”) is located 12 miles to the east, Nanaimo is located 22 miles to the south east. A network of secondary gravel roads and trails provide good access to most parts of the property. No improvements are required for exploration
activities.
Our exploration target is to find an ore body containing gold. Our success depends upon finding mineralized material. This includes a determination by our consultant if the property contains reserves. Mineralized material is a mineralized body, which has been delineated by appropriate spaced drilling
or underground sampling to support sufficient tonnage and average grade of metals to justify removal. If we don’t find mineralized material or we cannot remove mineralized material, either because we do not have the money to do it or because it is not economically feasible to do it, we will cease operations
and you will lose your investment.
-9-
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We must conduct exploration to determine what amount of minerals, if any, exist on our properties and if any minerals which are found can be economically extracted and profitably processed.
The property is undeveloped raw land. To our knowledge, the property has never been mined. Before minerals retrieval can begin, we must explore for and find mineralized material. After that has occurred we have to determine if it is economically feasible to remove the mineralized material.
Economically feasible means that the costs associated with the removal of the mineralized material will not exceed the price at which we can sell the mineralized material. We can’t predict what that will be until we find mineralized material.
We do not know if we will find mineralized material. We believe that activities occurring on adjoining properties are not material to our activities. The reason is that what ever is located under adjoining property may or may not be located under the property.
We do not claim to have any minerals or reserves whatsoever at this time on any of the property.
In September, 2006 we paid $7,000 US to Madman Mining Ltd. to start a Phase 1-A exploration program on the Copper Creek Project, located in the Coombs area of Vancouver Island, BC.
To summarize the project, there are three known mineralized targets within the project area:
n The 367 Zone - skarn hosted copper and silver has been traced for 2,200 feet.
n The Adit Zone - copper, silver and gold mineralization occurs within a shear zone .
n The Cup Zone - copper mineralization is found in discrete veins and veinlettes .
The Phase 1-A program’s primary goal is to physically locate, geologically map and sample the three zones. This work will also provide verification of previous work. Two prospectors/geologists should spend six days on the property for this step.
The results of the Phase 1-A program, will assist in determining the exact areas that the Phase 1-B program will concentrate on.
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INITIAL PHASE I-A BUDGET
FOR THE COPPER CREEK PROJECT, COOMBS, BC
Personnel:
Field Geologist 6 days @ $300.00/day $ 1,800.00
Prospector/Field Assistant 6 days @ $250.00/day 1,500.00
Field Costs: 0
Field Camp and Supplies 8 man/days @ $40.00/man/day 640.00
(including camp rental, GPS rental, food,
prospecting and sampling equipment, first aid and
chain saw)
Field Communications Long Distance charges Motorola 2 way field radios, 100.00
satellite phone charges/costs
Survey Consumables Sample bags, survey flagging, pickets etc. 200.00
Transportation: 0
Truck Rental 6 days $100.00/day 600.00
ATC Rental 6 days $75.00/day` 450.00
Mob/de-mob Base - Project - Return (fuel/meals/motel & truck 500.00
mileage charges)
Analytical: 0
Rock/Soil Samples 25 samples @ $24.00/sample (Au+32 element 750.00
ICP)
(budget for ~ 6 over detection limit assays -
additional $15.00/sample)
Office & Engineering: 0
Drafting/Cartography (including field base map preliminary maps 750.00
detailing geological mapping, sample locations and
results, location of old workings and compilation of
results from previous work on property)
Data Interpretation & 2,000.00
Summary Report
Overhead & Contingency 710.00
and Project Supervision
Total estimate cost of the Phase I exploration program * $ 10,000.00
The foregoing is a change in our plan of exploration as disclosed in our SB-2 registration statement.
Limited Operating History; Need for Additional Capital
There is no historical financial information about us upon which to base an evaluation of our performance. We are an exploration stage corporation and have not generated any revenues from operations. We cannot guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business enterprise, including limited capital resources, possible delays in the exploration of our properties, and possible cost overruns due to price and cost increases in services.
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To become profitable and competitive, we conduct into the research and exploration of our properties before we start production of any minerals we may find.
Liquidity and Capital Resources
We acquired one property containing twenty four mineral claim units. The property is staked and we have begun our exploration plan.
We have issued 5,000,000 shares of our common stock and received $50.00.
In March 2005, we issued 5,000,000 shares of common stock pursuant to the exemption from registration set forth in section 4(2) of the Securities Act of 1933. The purchase price of the shares was $50.00. This was accounted for as an acquisition of shares. Mir Huculak covered our initial expenses of $13,000 for incorporation, accounting and legal fees and $1,750 for staking all of which was paid directly to our staker, attorney and accountant. The amount owed to Mr. Huculak is non- interest bearing, unsecured and due on demand. Further the agreement with Mr. Huculak is oral and there is no written document evidencing the agreement.
On September 8, 2006, we completed our public offering and raised $52,930 by selling 529,750 shares of common stock.
As of November 30, 2006, our total assets were $28,278 and our total liabilities were $16,004.
ITEM 3. CONTROLS AND PROCEDURES .
(a) Evaluation of Disclosure Controls and Procedures: Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports filed under the Exchange Act is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based upon and as of the date of that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective to ensure that information required to be disclosed in the reports our files and submits
under the Exchange Act is recorded, processed, summarized and reported as and when required.
(b) Changes in Internal Control over Financial Reporting: There were no changes in our internal control over financial reporting identified in connection with our evaluation of these controls as of the end of the period covered by this report that could have affected those controls subsequent to
the date of the evaluation referred to in the previous paragraph, including any correction action with regard to deficiencies and material weakness.
-12-
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PART II OTHER INFORMATION
ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS.
On July 10, 2006, the Securities and Exchange Commission declared our Form SB-2 Registration Statement effective, file number 333-135201, permitting us to offer up to 2,000,000 shares of common stock at $0.10 per share. There is no underwriter involved in our public offering. On September 8, 2006, we completed our public offering and raised $52,930 by selling 529,750 shares of common stock.
Since then we have used the proceeds as follows:
Legal and accounting $ 16,419
Stock Transfer $ 1,210
General and Administrative $ 933
Mineral Property Exploration $ 7,000
Total $ 25,562
This represents a deviation in the use of proceeds as set forth in our SB-2 registration statement in that we used proceeds mainly to pay for the Company’s Phase 1-A exploration program, legal expenses and auditors’ fees.
ITEM 6. EXHIBITS.
The following documents are included herein:
Exhibit No. Document Description
31.1 Certification of Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-15(e) and 15d-15(e), promulgated under the Securities and Exchange Act of 1934, as amended.
32.1 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Chief Executive Officer and Chief Financial Officer).
-13-
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SIGNATURES
In accordance with Section 13 or 15(d) of the Securities and Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on this 9 th day of January, 2006.
ALPINE RESOURCES CORPORATION
BY: MIR HUCULAK
Mir Huculak, President, Principal Executive
Officer, Treasurer, Principal Financial Officer, and
Principal Accounting Officer
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Exhibit 31.1
SARBANES-OXLEY SECTION 302(a) CERTIFICATION
Principal Executive Officer & Principal Financial Officer
I, Mir Huculak, certify that:
1. I have reviewed this 10-QSB for the period ending November 30, 2006 of Alpine Resources Corporation ;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date: January 9, 2007 MIR HUCULAK
Mir Huculak
President, Principal Executive Officer and Principal
Financial Officer
--------------------------------------------------------------------------------
Exhibit 32.1
CERTIFICATION PURSUANT TO
18 U.S.C. Section 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report of Alpine Resources Corporation (the "Company") on Form 10-QSB for the period ended November 30, 2006 as filed with the Securities and Exchange Commission on the date here of (the "report"), I, Mir Huculak, Chief Executive Officer and Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:
(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2) The information contained in this Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
Dated this 9 th day of January, 2007.
MIR HUCULAK
Mir Huculak
Chief Executive Officer and Chief Financial Officer
--------------------------------------------------------------------------------
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USXP - Universal Express Exposes Trillion Dollar Tax Scam
Universal Express Inc. (OTCBB: USXP) CEO, Richard A. Altomare, today presents estimated tax losses to the United States Treasury of over $1 Trillion Dollars due to naked short selling.
"The facts are simple. Sell a stock you do not own. Push the share price down. Force the Company to fail. The failed stock never has to be purchased, and since there is no mandated buy-in after a company fails, almost everyone loses, the employees, the shareholders and now the Federal Government. It's a tax free way of making money," said Richard A. Altomare, Chairman and CEO of Universal Express, Inc.
"To be more specific, this loophole benefits market makers, hedge funds and maybe even the funding of terrorist cells. Our national debt and the Iraqi war could have been paid for with the elimination of naked short selling or a mandated stock buy-in after shorting.
"Once again I call upon our elected officials to address the problem prior to the SEC's efforts to pretend they're fixing a broken system. As they attempt to silence those of us who speak the truth, I ask you to examine the profits, the bonuses and the salaries of those stealing not only from individual companies, but from every hard working American taxpayer," continued Mr. Altomare.
"With all those in Congress looking for an issue worth supporting, how about documented tax fraud in the trillions?
"Courage is required and our Country and American investors have been stolen from far too long. Where are those real leaders worth following?
"I'm tired of hearing how much money a candidate raises. Let's rally behind one who shines a light on a practice that is raising our National Debt, raising our taxes, and raising our cost of living," concluded Mr. Altomare.
About Universal Express
Universal Express, Inc. is a 23 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com.
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact Info:
Mark Falk
Universal Express, Inc.
561-367-6177
Email Contact
Source: Market Wire (April 10, 2007 - 1:34 PM EDT)
News by QuoteMedia
www.quotemedia.com
lol...I have a few guesses.
KMCP, KMA Capital Partners, Inc. Announces 15-to-1 Stock Reverse
Tuesday April 10, 11:38 am ET
ORLANDO, FL--(MARKET WIRE)--Apr 10, 2007 -- KMA Capital Partners, Inc. (Other OTC:KMCP.PK - News) (KMA Capital) announced its Board of Directors voted to reverse its common stock 15-to-1 in order to firm up the stock for existing shareholders.
"KMA Capital is continuing to grow thru the deployment of the Field Office and franchise programs, along with key transactions. This stock reverse is just another step in our overall strategic plan to increase shareholder value," stated Doug Calaway, CEO of KMA Capital Partners, Inc.
The effects of the stock reverse will be reflected in the stock some time over the next few weeks after recapitalization documentation is recorded and updated with Pink Sheets. For more information on the rationale and effects of this action please go to http://www.kmacapital.com/stockreverse_041007.pdf.
KMA Capital Partners, Inc., with corporate headquarters in Orlando, Florida, is a merchant banking firm that engages in investment banking, financial consulting, negotiations of mergers and acquisitions, portfolio management, turnaround services, "business development" company services and commercial ventures focusing on mid-cap private and public companies. Current Field Offices are located in Los Angeles, CA; Austin, TX; Freeport, IL; Huntsville, AL; Portland, ME; Mid-Atlantic covering Baltimore/Washington, DC; Seattle, Washington; Jacksonville, Tampa and Orlando, Florida.
For more information about KMA Capital Partners, please visit or web site at www.kmacapital.com.
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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, 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.
Contact:
Contact:
Jack Craig
Investor Relations
KMA Capital Partners, Inc.
7658 Municipal Drive, Orlando, FL 32819
Phone: 407-370-4300
Fax: 407-226-3977
Email Contact
--------------------------------------------------------------------------------
Source: KMA Capital Partners, Inc.
KMCP, KMA Capital Partners, Inc. Announces 15-to-1 Stock Reverse
Tuesday April 10, 11:38 am ET
ORLANDO, FL--(MARKET WIRE)--Apr 10, 2007 -- KMA Capital Partners, Inc. (Other OTC:KMCP.PK - News) (KMA Capital) announced its Board of Directors voted to reverse its common stock 15-to-1 in order to firm up the stock for existing shareholders.
"KMA Capital is continuing to grow thru the deployment of the Field Office and franchise programs, along with key transactions. This stock reverse is just another step in our overall strategic plan to increase shareholder value," stated Doug Calaway, CEO of KMA Capital Partners, Inc.
The effects of the stock reverse will be reflected in the stock some time over the next few weeks after recapitalization documentation is recorded and updated with Pink Sheets. For more information on the rationale and effects of this action please go to http://www.kmacapital.com/stockreverse_041007.pdf.
KMA Capital Partners, Inc., with corporate headquarters in Orlando, Florida, is a merchant banking firm that engages in investment banking, financial consulting, negotiations of mergers and acquisitions, portfolio management, turnaround services, "business development" company services and commercial ventures focusing on mid-cap private and public companies. Current Field Offices are located in Los Angeles, CA; Austin, TX; Freeport, IL; Huntsville, AL; Portland, ME; Mid-Atlantic covering Baltimore/Washington, DC; Seattle, Washington; Jacksonville, Tampa and Orlando, Florida.
For more information about KMA Capital Partners, please visit or web site at www.kmacapital.com.
ADVERTISEMENT
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, 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.
Contact:
Contact:
Jack Craig
Investor Relations
KMA Capital Partners, Inc.
7658 Municipal Drive, Orlando, FL 32819
Phone: 407-370-4300
Fax: 407-226-3977
Email Contact
--------------------------------------------------------------------------------
Source: KMA Capital Partners, Inc.
Uranium related...
AUUM
04/10/2007 ALRP Alpine Resources Corporation Common Stock AUUM American Uranium Corporation (NV) Common Stock 50-1 F/S;
some info I found so far...
no last sale as ALRP, bid was 6.00
Mir Huculak sole officer and director
Percentage of Ownership
71.43%
A total of 5,000,000 shares of our stock are currently owned by our sole officer
and director. He will likely sell a portion of his stock if the market price
goes above $0.10
Common Stock, 100,000,000 shares authorized, $0.00001 par value
5,529,750 shares issued and outstanding (Feb. 28, 2006 – 5,000,000 shares)
The Company has filed an SB-2 Registration Statement with the United States Securities and Exchange Commission and completed a public offering of 529,750 common shares at a price of $0.10 per share for maximum proceeds of $52,930 to the Company.
04/10/2007 WYTFF to SSCSF
04/10/2007 VPSI to VPSN
04/10/2007 QRVI to QRVS