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DTC will support a program to facilitate the industry's clean up of aged fails in select globally
locked securities http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/set/0846-11.pdf
WOW 8.7 Mil float! Then I own over 15% of the float
Great, good buying opportunity today.
Vianna
Here is a company that I just found, and got a small position in, they had news today with more to come they are working on a gold property in Nev. and have a small float DMXC
Hi Vianna, did not know you were here.
Perfect time to get into gold properties.
--(Marketwire - 11/16/09) - Delta Mining and Exploration Corp. (Pinksheets:DMXC - News) is pleased to announce that it has received a final report and recommendation from Mr. Alan Wright, RPG, which includes the analysis of the 11 surface rock samples he took from the Delcer Buttes Property.
Related Quotes
Symbol Price Change
DMXC.PK 0.01 0.00
{"s" : "dmxc.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} As previously mentioned, Mr. Wright was retained by Delta Mining and Exploration to assist the company in completing its due diligence on the Delcer Buttes Property in Elko County Nevada. After confirming that the claims did belong to Mr. Garry Carlson and Amigo Inc, Mr. Wright sent 11 surface samples to the ALS Chemex Laboratory in Reno Nevada.
Pursuant to the results he received, Mr. Wright was able to state in his conclusions that "the Delcer Buttes Property hosts classic copper/gold skarn mineralization on the mining claims." Furthermore, he recommended that "the area be acquired, geologically mapped, comprehensively sampled and a ground magnetic survey conducted to define the skarn zones and assist in geological interpretation."
One of the pleasant surprises of this sample was the variety of metals discovered. Besides gold, silver and copper were more prevalent then originally anticipated and Mr. Wright mentioned that the "presence of Tungsten suggests a higher temperature setting perhaps similar to the Osgood Mountains in Humboldt County, where the Getchell mine is located." Getchell mine is a gold mine owned by Barrick Gold and Newmont Mining, and is located in Winnemucca, Nevada.
Delta's Chief Executive Officer Mr. Alex Livak stated that "with these findings and Mr. Wrights recommendation, we will move quickly to finalize the land agreement with Amigo Inc, and get to work on the Delcer Buttes Property. This is exactly what we anticipated when we signed the Letter of Intent and now look forward to completing this process."
Once an agreement is in place, the report from ALS Chemex will be posted on the Delta Mining website.
About Delta Mining and Exploration Corp., http://www.deltamine.com: Delta Mining and Exploration Inc. is an emerging exploration company whose main objective is to locate and explore land with mineral and precious metal deposits in the mining rich regions of North America.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
07/15/09 -- Delta Mining and Exploration Corp. (PINKSHEETS: DMXC) is pleased to announce that it is in the final stages of reviewing offers for acquisition and/or a joint venture partnership. Once a decision is reached, a letter of intent will be signed paving the way for a binding agreement between all parties.
Maybe the merge is complete and that's why it shows delta in default
So how do you know this? Did you go to the respective counties and research the claim assessment work on these properties? Or maybe you have the claim numbers and did your research on hte BLM site?
So the office is in Edgewater NJ?
Yes, but no volumne, we need volumne then it will move
so 100 shares at .006 that's $.60 OK
--(Marketwire - 09/15/09) - As Delta Mining and Exploration Corp. (Pinksheets:DMXC - News) continues its legal and technical due diligence of the Delcer Buttes property, it would like to share some geographical and historical facts about the property and the area surrounding it.
Related Quotes
Symbol Price Change
DMXC.PK 0.01 0.00
{"s" : "dmxc.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}There were two major reasons why Delta Mining decided to pursue the Delcer Buttes Property. The first was that the land was relatively unexplored, but did show serious potential. The second was because of the mining activity in the surrounding areas.
As mentioned in the previous announcement, Delcer Buttes is located in Elko County, Nevada approximately 60 miles southwest of Wells in the northern part of the state. The area is extremely heavy with various mining activity. For example, the nearest significant gold mining operation is at nearby Bald Mountain. In 2008, Bald Mountain produced 105,000 ounces of gold and the proven and probable mineral reserves as of December 31, 2008 are estimated at 2.85 million ounces of gold.
The nearest mineral resource is the Maverick Springs property, a joint venture between Silver Standard Resources and Allied Nevada Gold. It is approximately 17 miles southwest of the Delcer Buttes property and contains indicated resources of both silver and gold.
To the west of Delcer Butte is the prolific northwest-southeast oriented Carlin Trend producing close to 3 million ounces of gold per year. If the Carlin Trend was assumed to continue, the property would lie about three miles northeast the Delcer Butte zone. To the southwest, approximately 10 miles is the northern boundary of the Battle Mountain-Eureka Trend, another linear zone of significant gold endowment.
From a historical standpoint, past activities appear to be rather limited on the property. Evidence of past drilling activity is limited to a small pile of core pieces. In the late 1800s, gold and copper samples were discovered on the surface, but the area was never fully explored. It came as a surprise to everyone that more work was not done on this property.
Taking all this into account plus the opportunity to have a real joint venture partner made management realize that this is an opportunity Delta Mining could not afford to pass up.
About Delta Mining and Exploration Corp., http://www.deltamine.com: Delta is a precious metal and mineral exploration company with an extensive portfolio of diamond properties in central Montana, USA. Delta is in the process of finalizing a joint venture agreement for precious metal property in Northern Nevada.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
Looks like some are trying to discourage buying, HMM wonder why?
Maybe something good around the corner? JMO Why always Neg.?
Gold is $996 Glad we are getting a gold property
Yes good post, I am getting ready to pick up another 20 mil or so over the next few weeks myself
Looks like no is willing to sell at .005. I bet when more news comes out of the Gold property, we'll move much higher. IMO
DMXC News today, Sub-penny GOLD play
This news looks very good to me. Gold is just going to get better in the future, glad to see this direction change for the company.
--(Marketwire - 08/17/09) - Delta Mining and Exploration Corp. (Pinksheets:DMXC - News) is pleased to announce that it has found a potential joint venture partner. The company has signed a Letter of Intent with the property owner of Delcer Buttes, in Elk County, Nevada.
Related Quotes
Symbol Price Change
DMXC.PK 0.0054 0.0000
{"s" : "dmxc.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} The Delcer Buttes property, owned by Mr. Garry Carlson and registered in the name of Amigo Inc., compromises 33 unpatented mining claims covering roughly 680 acres of land. Though the land has never been fully explored there have been recordings of gold and silver deposits that date back to late 1800s. The area is rich with mining activity as witnessed by the numerous precious metal finds in the surrounding areas including a mine just west of the Delcer Buttes which produces close to 3 million ounces of gold per year.
Pursuant to the Letter of Intent, Amigo Inc. and Mr. Carlson agree to transfer the Delcer Buttes Claims into the name of Delta Mining and Exploration. Delta will not pay for the actual land but will pay all federal, state and local maintenance fees relating to the claims.
The Letter of Intent also stipulates that the Delta will utilize the services of Gradient Geophysics, a Mr. Carlson-owned company, for exploration work to be carried out on the Delcer Buttes at a very reasonable cost, an important factor considering the costs that Delta incurred hiring outside firms in exploring the Montana properties. Lastly, Delta will pay Mr. Carlson and Amigo Inc., a two percent Net Smelter Return royalty from any commercial production that comes out of the Delcer Buttes.
Delta will have 120 days to complete legal and technical due diligence which consists of verifying that the land does indeed belong to the owner, and taking a small sample from the property. If all conditions are satisfied then the parties will enter into a binding agreement and will work together in exploring the land.
Delta's Chief Executive Officer Alex Livak states that, "This is exactly the type of opportunity that Delta was looking for. We are not spending any capital on the land other then to cover the fees, we have added someone with over 20 years of geophysics experience in Mr. Garry Carlson, the property is unexplored but comes from an area where deposits have been recorded, and lastly, we have an exploration plan and budget in place."
As the due diligence process takes its course the company will continue to disseminate information on the property, the surrounding areas, and provide continued updates. It is management's goal to complete the due diligence as quickly as possible and enter into a binding agreement so that the exploration program can begin.
About Delta Mining and Exploration Corp., http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond properties in central Montana, USA.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filin
Yes very nice to see them going in direction of gold and silver!!
When they announce JV partner and a gold property we will run.
Delta has a relatively small OS for a penny stock
The company is not dead GREAT!
Delta Mining and Exploration Corp. (Pinksheets:DMXC - News) is pleased to announce that it has agreed to terms with a private equity funding company. Delta will receive up to one million (US 1,000,000) dollars with the funds being distributed in traunches. The first disbursement will occur within the next few weeks.
Related Quotes
Symbol Price Change
DMXC.PK 0.0010 0.0000
{"s" : "dmxc.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Management hopes that the ability to raise capital will provide the company with leverage since it is currently in negotiations with groups looking for a joint venture partner. This affords Delta the opportunity to present itself as a viable option to those who have the land but not necessarily the means to explore it.
Delta acknowledges that progress has been very slow this year, but now has hope that developments will occur at a more rapid pace in large part because of this financing agreement. It is management's belief that in this difficult economic environment, a company that has financial backing may have an advantage and can look more appealing to potential partners and investors.
About Delta Mining and Exploration Corp., http://www.deltamine.com: Delta is a mineral exploration company with an extensive portfolio of diamond properties in central Montana, USA.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of the The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and
No, I own several mil shares, and since you post here lots I thought you did to.
Oh so you stayed at our hotel in humble Tx. Cool
Quality Inn Intercontinental Airport Houston
Houston, USA
Quality Inn Intercontinental Airport Houston
6115 Will Clayton Pkwy.
Houston
Texas
USA
- Book now using this hotel's booking system -
Hotel Introduction
Quality Inn Houston Hotel Intercontinental Airport is a beautiful hotel located right at the entrance of the George Bush / Houston Intercontinental Airport. Just minutes from downtown Houston and close to many other attractions, this Quality Inn Houston Hotel is one of the most convenient hotels for travelers. For the convenience of hotel guests, the Quality Inn Hotel Houston Airport also provides free airport transportation.
Excellent accommodation facilities featured at the Quality Inn Houston Hotel Intercontinental Airport offers comfort and convenience for hotel guests. Apart from standard amenities of the guest rooms, Quality Inn Houston Hotel Intercontinental Airport provides facilities for the physically challenged as well as Room Service. Quality Inn Houston Hotel Intercontinental Airport’s on-site restaurant, The Woods features mouth-watering American dishes for all three meals at reasonable rates. Hotel guests can also dine at restaurants such as Denny's, Outback Steakhouse and Pappa's Seafood located nearby. Wide varieties of leisure activities such as tennis and a fully equipped Fitness Facility are offered at the Quality Inn Houston Hotel Intercontinental Airport. The highlight of these facilities is a fabulous Olympic-size pool!
For important meetings or special occasions, the Quality Inn Houston Hotel Intercontinental Airport offers a spacious meeting area which can accommodate up to 200 guests.
George R Brown Convention Center, the Astrodome and Six Flags Astroworld are some of the attractions located near Quality Inn Houston Hotel Intercontinental Airport. Shoppers can visit malls such as Deerbrook Mall, Greenspoint Mall and Humble Regional Mall just few miles from Quality Inn Houston Hotel Intercontinental Airport.
Hotel Accommodation
Enjoy a comfortable night’s rest in one of the Quality Inn Houston Hotel Intercontinental Airport’s thoughtfully appointed guest rooms.
• Hairdryer
• Rooms for the physically challenged
• Interior corridors
Hotel Restaurants and Bars
• The Woods specializes in American cuisines, serves breakfast, lunch and dinner.
• RJ's Cocktail Lounge serves drinks and dinner with a view of the hotel pool.
• Nearby restaurants are Denny's, Outback Steakhouse and Pappa's Seafood.
Hotel Services and Facilities
• Free local calls
• Gift shop
• ATM
• Newsstand
• Non-smoking rooms available
• Outdoor parking
• Room Service
Hotel Leisure Facilities
• Tennis court
• Olympic size pool
• Exercise Room
Hotel Conference and Banquet Facilities
Meeting and banquet facilities can accommodate events and business function for up to 200 people
• Dataports
• Voicemail
• Access to copy and fax services
Nearby Attractions
• Deerbrook Mall
• Greenspoint Mall
• Hardy Toll Road
• Harris County
• Houston International Festival
• Humble Regional Mall
• Kingwood
• Lake Houston
• Old Town Spring
• Sam Houston Racetrack
• Woodlands
Hotel General Information
• Check-in 12:00 pm
• Check-out 11:00 am
• Pets allowed for a small fee
Why do you assume the worst, maybe there the company is busy growing, we do have solid assets, real business. And a CEO who owns lots of stock, all things I look for in penny and sub-penny stocks, one good news release and we will run. IMO
here is a pr that states that phase 2 renovations are complete--
(Marketwire - September 18, 2007) - HAZ Holdings, Inc. (PINKSHEETS: HAZH), which manages a portfolio of full-service hotels, today announced the completion of the Phase II renovation of the Hotel Monarchy & Suites property in Houston Texas, which consisted of upgrades to the guest rooms, including new furniture.
The four-phase renovation model for HAZ Hotels properties allows for increased revenues through higher room charges and the potential for improved asset values for its hotels.
The Houston Hotel Monarchy & Suites is conveniently located Will Clayton Parkway, 1 mile from the Houston International Airport (IAH). The property is ideally situated for both business and leisure travelers given its close proximity to the heart of Houston's downtown business district, convention center and world class shopping.
HAZ Holdings business strategy consists of the acquisition of hotel properties for below market value, providing an immediate asset value higher than the amount paid for the property. Some of the properties acquired may be distressed or have management that needs to sell quickly. Once the properties are acquired, HAZ Hotels then undertakes its renovation strategy, which may include four phases. The renovations are designed to immediately give the hotels a fresh look and increase revenues through higher average daily rates (ADR). HAZ Hotels also utilizes its experience and expertise in hotel management to improve the overall operations of each property, reducing unnecessary expenses as revenues are increased.
"We are pleased to have completed this phase of renovations at our Houston Hotel Monarchy & Suites, and we look forward to continued revenue growth at this location," stated Dr. Karim Bhanji, CEO of HAZ Holdings, Inc. "The property renovations are an important element of the HAZ Holdings strategy, due to their impact on the revenues of the hotels. Increasing revenues, coupled with the significant asset value for HAZ Hotels properties, are expected to allow HAZ Holdings to elevate its position in the public markets through an accurate valuation of the company once it is current in its financial reporting."
HAZ Holdings' five-year business plan is to increase its hotel ownership portfolio by acquiring hotel properties that range in size from 100-300 rooms per property. The company's primary focus for hotel acquisitions is in North America, but once its has met its North American goals, HAZ Holdings plans to develop, acquire hotel properties in Europe and Asia market.
Shareholders and anyone interested in following the progress of the company are encouraged to subscribe to the company's mailing list located at http://investors.hazholdings.com/ealert.php, through which HAZ Holdings disseminates newly disclosed information, including press releases, notices of SEC filings, investor newsletters and other material, to subscribers directly by email.
About HAZ Holdings, Inc.
HAZ Holdings owns and manages three mid-scale, full-service hotels in the United States and Canada, under the brand names "Hotel Monarchy & Suites" and "Monarchy Inn & Suites" (www.hazhotels.com). HAZ Holdings' five-year business plan is to increase its hotel ownership portfolio by acquiring hotel properties that range in size from 100-300 rooms per property, while concurrently franchising additional hotels under its brand names. The Company's portfolio also includes the following wholly owned subsidiaries: Mortgage and Financial Institute, LLC (www.mfibanking.com), a mortgage brokerage company specializing in commercial and residential lending in Washington and Alaska; Nationwide Hotel Management, LLC, a hotel management company; KB Realty Group International LLC, a commercial and residential real estate sales company; Evergreen Sound Construction, LLC, a commercial and residential development company; and DoTravelDeals (www.dotraveldeals.com), a global travel booking engine.
This press release may contain "forward-looking statements." Although we believe that the expectations reflected in any forward-looking statements are reasonable, HAZ Holdings cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which HAZ Holdings bases its predictions and/or forward-looking statements could materially affect its actual results.
CONTACT:
Gemini Financial Communications
A. Beyer
951-677-8073
Email Contact Click here to see all recent news from this company
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Here is a good article--
Seattle/Tacoma Commercial Real Estate News
Search for Seattle/Tacoma Commercial Real Estate
Haz Subsidiary Plans Share Exchange Deal
By Brian K. Miller of GlobeSt.com
Wednesday, March 28, 2007 - FEDERAL WAY, WA-Haz Holdings Inc., a locally based hotel owner traded on the Over-The-Counter Bulletin Board says its wholly owner mortgage brokerage Mortgage and Financial Institute LLC intends to enter into a share exchange agreement with an undisclosed public company. The process is expected to take two or three months, with Haz maintaining majority control of the mortgage brokerage. Haz Holdings CEO Karim Bhanji says the exchange “will allow MFI’s management to focus more on expanding MFI’s mortgage business.”
Earlier this month, Haz Holdings and Oncology Med Inc., also a Seattle-area company traded on the OTCBB, completed a reverse merger where in Haz Holdings shares were converted to Oncology Med shares and Oncology changed its name to Haz Holdings. The combined company owns three mid-range business hotels--two in Texas and one in Canada--operating under the brand names “Hotel Marquis & Suites” and “Marquis Inn & Suites.” Management estimates its hotel portfolio current market value of $16 million and its 2006 revenue at $4 million dollars.
Bhanji said at the time that the merger will allow the company to focus on its goal of acquiring up to 75 corporate-owned properties and franchising its corporate hotel brand to 155 properties throughout North America over the next five years. The company is looking to acquire hotels with between 100- and 300 rooms while also franchising additional hotels under its brand names. Bhanji says the company’s near-term strategy is to acquire properties at below replacement value and leverage its holdings toward further expansion.
In February, Oncology Med Inc. said its Haz Holdings was in negotiations to acquire 500 additional rooms in four full-service hotels throughout the Midwest for $10 million. A company source tells GlobeSt.com those negotiations are ongoing. Last week, it entered into a letter of intent a 100-room hotel in Ohio that may move forward more quickly, according to the source.
As for its existing properties--the 174-room Hotel Marquis and Suites Intercontinental Airport hotel in Houston, the 203-room Hotel Marquis Airport in San Antonio and the 30-room Marquis Inn & Suites in Edmonton, Alberta, which includes 70 spots for recreational vehicles--Haz Holdings recently announced agreements with Air France, American Airlines, China Airlines and Continental Airlines to provide accommodations to stranded air travelers from George Bush Intercontinental Airport (Houston) and San Antonio International Airport.
In addition to its hotels, Haz Holdings portfolio includes the following wholly-owned subsidiaries: Nationwide Hotel Management LLC, a hotel management company; KB Realty Group International LLC, a commercial and residential real estate sales company; Evergreen Sound Construction LLC, a commercial and residential development company; and DoTravelDeals.com (www.dotraveldeals.com), a global travel booking engine.
Oncology Med, Inc., to Merge with Haz Holdings, Inc.: The Company to Focus on the Full- and Mid- Service Hotel Industry
Business Wire , Feb 5, 2007
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SEATTLE -- Oncology Med, Inc. (OTC:ONCM) ("Oncology Med" or the "Company"), today announced that it has entered into an agreement to merge a wholly-owned subsidiary of the Company into Haz Holdings, Inc., a Delaware corporation ("Haz Holdings"), and rename the Company, "Haz Holdings, Inc." The agreement provides that all of the shares of common stock of Haz Holdings will be exchanged for not less than 80% of Oncology Med's outstanding common stock at the closing of this merger transaction. The closing of the agreement is conditioned upon the completion of customary due diligence.
Related Results
Haz Holdings, Inc. CEO to Present Live Interview
HAZ Holdings, Inc. Releases November 2007 Issue of Investor Newsletter
HAZ Holdings, Inc. Targets Expansion of Hotel Ownership Portfolio
HAZ Holdings, Inc. Initiates Comprehensive Shareholder Communications Program
HAZ Holdings, Inc. Receives Completed Appraisal on Canadian Hotel Property in...
Haz Holdings owns and manages three mid-scale, full-service hotels in the United States and Canada, under the brand names "Hotel Marquis & Suites" and "Marquis Inn & Suites." Its existing portfolio, the 174-room Hotel Marquis and Suites Intercontinental Airport hotel in Houston, Texas, the 203-room Hotel Marquis Airport in San Antonio, Texas, and the Marquis Inn & Suites, a 30-room economy hotel with 70 recreational vehicle units in Edmonton, Alberta, Canada.
Haz Holdings' five year business plan is to increase its hotel ownership portfolio while concurrently franchising hotels under its brand names. Near term strategy is to acquire properties at below replacement value and leverage its holdings toward further expansion. Karim Bhanji, CEO of Haz Holdings Inc., elaborated, "We intend to primarily focus on the expansion of Haz Holdings' operations and real estate portfolio in terms of both hotel ownership and franchises."
Management for Haz Holdings estimates its hotel portfolio current market value of $16 million dollars. Haz Holdings estimated 2006 year revenue of approximately $4 million dollars.
Additionally Haz Holdings wholly-owns four subsidiary businesses: Mortgage and Financial Institute, LLC, an early stage mortgage broker in commercial and residential lending in Washington and Alaska, Nationwide Hotel Management, LLC, a hotel management company, KB Realty Group International, LLC, a commercial and residential real estate sales company, and Evergreen Sound Construction, LLC, a commercial and residential development company.
Steve Careaga, CEO of Oncology Med, stated, "We are excited to have reached this agreement and to bring this opportunity to the Company's shareholders."
The Company also announced that, based on due diligence of the Company and GAK Acquisition Corp. ("GAK") pursuant to the prior merger agreement between the Company and GAK, dated March 17, 2006, under which the Company changed its name from "Nannaco, Inc.," to "Oncology Med, Inc." (the "GAK Merger"), the Company and GAK mutually terminated the GAK Merger.
More information about Haz Holdings, Inc. can be found at http://www.hazholdings.com.
About Oncology Med, Inc.
Oncology Med, f/k/a, Nannaco, Inc., previously provided surface cleaning, surface protection, surface restoration and other services to commercial and industrial businesses, as well as to owners of historical buildings. The company has subsequently sought to improve its financial position through the acquisition of, or merger with, companies capable of providing the best value to its shareholders.
NOTE: This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) the company's ability to manage it current merger transaction and commencement of operations (2) the company's limited operating history; (3) the company's ability to pay down existing debt; (4) the company's ability to secure necessary financing; (5) potential litigation by shareholders and/or former or current advisors against the company; (6) the company's ability to comply with federal, state and local government regulations and/or unforeseen changes in federal or and government regulations; and (7) the risks inherent in the investigation and consummation of the acquisition of a new business opportunity or other factors over which we have little or no control.
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HAZ Holdings, Inc. Announces Engagement of Appraiser to Establish Current Value of Hotel Properties
Market Wire , September, 2007
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HAZ Holdings, Inc. (PINKSHEETS: HAZH), which manages a portfolio of full-service hotels, today announced that the company has retained a hotel appraiser specialist to conduct appraisals of its domestic hotel holdings. The hotel appraisal specialist has experience in the majority of U.S. markets and has appraised over 1200 hotel properties.
The appraisals will be used as part of the effort to establish the current asset value of the company's hotel ownership portfolio. The asset value is an integral aspect of completing the financial statements to bring the company current in its financial filings and to satisfy the requirements of institutional investors who are being targeted as future long-term investors for HAZ Holdings.
The company has selected Gruber & Company, LLC to complete HAZ Holdings' past financial statements, including annual reports for the 2005 and 2006 fiscal years, as well as all three quarterly reports for 2007. HAZ Holdings believes that by filing all past financial statements the company can be properly positioned in the public markets as it executes its growth strategy. This effort may include the pursuit of a listing in a market that would attract institutional investors.
In addition to the appraisals of HAZ Holdings' domestic hotel properties, the company is also identifying an appropriate Canadian company to conduct the appraisal of the HAZ Holdings' property in Canada.
"The appraisals are an important element of our efforts to show the true value of the company's asset base and to upgrade the position of HAZ Holdings in the public markets," stated Dr. Karim Bhanji, CEO of HAZ Holdings, Inc. "In addition to including the asset value as part of our financial statements, we will use the appraisals as information for institutional and other investors who express an interest in taking a longer term position in the company's stock."
Shareholders and anyone interested in following the progress of the company are encouraged to subscribe to the company's mailing list located at http://investors.hazholdings.com/ealert.php , through which HAZ Holdings disseminates newly disclosed information, including press releases, notices of SEC filings, investor newsletters and other material, to subscribers directly by email.
About HAZ Holdings, Inc.
HAZ Holdings owns and manages three mid-scale, full-service hotels in the United States and Canada, under the brand names "Hotel Monarchy & Suites" and "Monarchy Inn & Suites" ( www.hazhotels.com ). HAZ Holdings' five-year business plan is to increase its hotel ownership portfolio by acquiring hotel properties that range in size from 100-300 rooms per property, while concurrently franchising additional hotels under its brand names. The Company's portfolio also includes the following wholly owned subsidiaries: Mortgage and Financial Institute, LLC ( www.mfibanking.com ), a mortgage brokerage company specializing in commercial and residential lending in Washington and Alaska; Nationwide Hotel Management, LLC, a hotel management company; KB Realty Group International LLC, a commercial and residential real estate sales company; Evergreen Sound Construction, LLC, a commercial and residential development company; and DoTravelDeals ( www.dotraveldeals.com ), a global travel booking engine.
This press release may contain "forward-looking statements." Although we believe that the expectations reflected in any forward-looking statements are reasonable, HAZ Holdings cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which HAZ Holdings bases its predictions and/or forward-looking statements could materially affect its actual results.
CONTACT: Contact: Gemini Financial Communications A. Beyer 951-677-8073 Email Contact
Sheesh, are you a share holder? just wondered cause most shareholders would want positive things for the Company I would think.
Is that Proof?
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2008
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
HAZ Holdings Inc
2. Date of Event Requiring Statement (MM/DD/YYYY)
3/28/2007
3. Issuer Name and Ticker or Trading Symbol
HAZ Holdings Inc [HAZH]
(Last) (First) (Middle)
PO BOX 26381
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director ___ X ___ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
COB/CEO /
(Street)
FEDERAL WAY, WA 98093
(City) (State) (Zip) 5. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 2. Amount of Securities Beneficially Owned
(Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Preffered 10000000 D
Common Shares 19000000 D
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HAZ Holdings Inc
PO BOX 26381
FEDERAL WAY, WA 98093 X X COB/CEO
Signatures
Alkarim Bhanji 4/9/2007
** Signature of Reporting Person Date
No, I said the fact was that the CEO has 19 mil shares click on the link supplied. It shows CEO stock holdings.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5093204
Not hype--Fact