Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
A better question would be do think I care. My Dad talked me into signing up here back when you were still desperate to jack up your free membership list so you could pedal your advertising papers to anybody who would listen. We opened memberships for my sisters too, that you eventually closed in some spite fit. Im aware that you have next to no relationship with your father and were raised as a mamas boy. The posts of yours I've wasted my time to read have never ever mentioned your dad. Whats up with that. It comes across that you just don't have much of a family and that you really resent anyone who does.
Itll be intresting to see if you have the personal honor to return the membership fee my Dad paid you when he finally got tired of your pissant grandfathered account complaints. My bet is you are small enough of a person and just cheap enough to keep the money even though you know it was unnecessary and paid just to shut you up. Makes you just another Florida thief in my book and smacks of that ringer you brought over from RB to win your last bogus membership contest.
My Dad is an engineer with projects under his belt that you couldnt begin to even comprehend. My Grandpa ran the Panama Canal for 20 years before he retired. He and Dad built our place here on the river. It has room for all of us and a garage large enough to store your 2bit life in. That is what seems to bug you the most. No matter what you say or do or pretend to be you have nothing but your small shell of a life boxed into an apartment near an undiscovered sinkhole in a state built on hot air and shifting sands. Quoting my Dad do "whatever trips your trigger". Once a snarling Florida high school punk always a snarling Florida high school punk. So show us what you are really made of and then ask yourself if you believe we actually give a damn.
Sean
Colorado Regulatory Criticism of Qwest Revives Telecom
By Tom McGhee, The Denver Post
Mar. 8--A bill requiring state regulators to investigate the extent of telephone competition in Colorado was all but dead, until a report critical of Qwest revived it.
That report by Public Utilities Commission staff claims Qwest Communications made secret agreements with certain competitors and raises questions about whether the market really is open to competition.
Qwest met Federal Communications Commission requirements to open its network as part of its quest to offer long distance in its 14-state service region.
But critics, including telecom titans AT&T Corp. and MCI, say the network still isn't truly open.
Qwest's senior vice president, Steve Davis, said there is no reason for state lawmakers to consider the PUC findings when debating the bill. "Everything in this report was known at the FCC and commissions at the time they approved our long-distance entry," he said.
The bill that resurrected their findings will be heard by the House today, said its sponsor, Rep. Mike May, R-Parker.
Qwest and its competitors are wrangling for market share, and the local phone company is losing customers at a rapid clip, mostly to wireless and cable companies.
The company recently reported that total access lines in service throughout its service region last year fell to 16.21 million from 17.01 million in 2002. "There is plenty of competition," Guzman and Co. analyst Patrick Comack said.
But traditional wire-line competitors -- companies such as McLeodUSA and Boulder-based CCOM -- account for very little of the customer loss.
Davis says that is because those companies have not invested in Colorado, opting instead to piggyback on Qwest's network.
Competitors counter that they pay lease rates approved by regulators and that they bear the cost of any upgrades Qwest makes to service them.
Federal regulations require regional Bells such as Qwest to lease access on their phone lines and switches to competitors.
The rationale is that it would be too costly and would take too long to build an alternate network, which would further delay competition.
So when a customer wants to switch phone-service providers, Qwest technicians at the company's central offices disconnect and reconnect a few wires in a process that in theory takes about six minutes.
Order processing adds time to the process, so it can take several days to complete the switch, Qwest says.
But AT&T spokeswoman Kieren Porter calls that time frame a "best-case scenario." Many customers face delays of two weeks and it isn't unusual for someone to give up in the midst of the process to avoid frustration, she said.
Fred Chernow, chief executive of small carrier CCOM, said there are cases where Qwest takes longer than necessary to switch customers who are leasing expensive high-speed access lines. But he disagrees with Porter's conclusion that the company delays switching residential and small-business customers.
Most residential line switches are accomplished within three days, he said.
"This is not the problem that AT&T is painting," Chernow said. AT&T asked CCOM to support May's bill, but Chernow declined.
"We try to look at Qwest and say, 'This is our community, it can be either hostile or friendly.' We want to keep it friendly," he said.
May's legislation ran into resistance from legislators who believe it could cost Qwest too much money and who were concerned that it represented one more skirmish in an ongoing telecommunications battle between Qwest and its rivals, said Rep. Jack Pommer, D-Boulder.
Some were also put off by the confusion inherent in the web of regulations that surround telephone service, he said.
"This bill is really complicated (when) you get into technical issues. Most people look at it and say, 'Good grief, what is this about?' " Pommer said.
Qwest claims the proposed bill would result in the company's being forced to spend $1 billion or more to upgrade its network so customers who wished to move to another carrier could make the move almost instantaneously.
The bill's proponents, which include Colorado Public Interest Research Group, AARP and other organizations that represent consumers, say the legislation would only require the Public Utilities Commission to recommend changes needed to further open the market.
The company's competitors would have to help pay the cost of any necessary changes that they would benefit from, said Rex Wilmouth, CoPIRG state director.
May said the bill still faces a fight.
But reluctance to hear the legislation faded when PUC staff suggested that by giving breaks to some smaller rivals for access to Qwest's network, Qwest may have hidden from regulators the extent to which it bars competitors entry to the market.
State regulators recommended the Federal Communications Commission allow Qwest to provide interstate long-distance service -- something they might not have done had they known about the deals, the report said.
Qwest's Davis said there is no reason for lawmakers to consider the staff findings when debating the bill.
That's because they were known to the FCC and commissions when they approved Qwest's entry into long-distance, he said.
-----
To see more of The Denver Post, or to subscribe to the newspaper, go to http://www.denverpost.com
(c) 2004, The Denver Post. Distributed by Knight Ridder/Tribune Business News. Q, T, MCWEQ, MCLD
Sports-Related Persons Added to Board of Cedar Rapids, Iowa-Based McLeodUSA
By George C. Ford, The Gazette, Cedar Rapids, Iowa
Feb. 26--CEDAR RAPIDS, Iowa -- Former Dallas Cowboys quarterback Roger Staubach and David Checketts, the former president of Madison Square Garden, have been elected to the McLeodUSA Inc. board of directors.
Staubach is chairman and chief executive officer of The Staubach Co., a global, full-service real estate advisory firm. Checketts is chairman of Sports Capital Partners, a consulting and investment capital firm.
Staubach and Checketts join two other sports-related executives on the 17-member board of directors of the Cedar Rapids-based telecommunications provider.
Dan Snyder is the owner and chairman of the board of The Washington Redskins. Peter Ueberroth, former baseball commissioner and U.S. Olympics president, is the managing director of The Contrarian Group and owner and co-chairman of Pebble Beach Co.
Chris A. Davis, McLeodUSA chairwoman and CEO, said the company is pleased to have Checketts and Staubach join its board.
"This is another example of Ted Forstmann's commitment to attracting world-class leadership to the McLeodUSA board," Davis said. "Both Dave and Roger have extensive business experience and broad executive relationships, which will be valuable to McLeodUSA as we continue to execute on our focused business strategy to provide a world-class customer experience and profitably grow revenue in our 25-state footprint."
Forstmann is chairman of McLeodUSA's executive committee and senior partner of Forstmann Little & Co., majority owner of McLeodUSA. McLeodUSA's board includes 11 current or former chief executives.
McLeodUSA recently signed a two-year promotional agreement with Vijay Singh, the top PGA money winner in 2003.
-----
To see more of The Gazette, or to subscribe to the newspaper, go to http://www.gazetteonline.com
(c) 2004, The Gazette, Cedar Rapids, Iowa. Distributed by Knight Ridder/Tribune Business News. MCLD
McLeodUSA Board Elects Two New Directors
CEDAR RAPIDS, Iowa, Feb 25, 2004 (BUSINESS WIRE) -- McLeodUSA Incorporated (Nasdaq:MCLD):
-- David W. Checketts, Chairman, Sports Capital Partners
-- Roger T. Staubach, Chairman & Chief Executive Officer, The Staubach Company
McLeodUSA Incorporated (Nasdaq:MCLD), one of the nation's largest independent, competitive telecommunications services providers, today announced that it has elected David W. Checketts, Chairman of Sports Capital Partners and former President and CEO of Madison Square Garden, and Roger T. Staubach, Chairman and CEO of The Staubach Company, to its Board of Directors.
Chris A. Davis, Chairman and CEO of McLeodUSA, said, "We are very pleased to have Dave Checketts and Roger Staubach join our Board of Directors. This is another example of Ted Forstmann's commitment to attracting world-class leadership to the McLeodUSA Board. Both Dave and Roger have extensive business experience and broad executive relationships, which will be valuable to McLeodUSA as we continue to execute on our focused business strategy to provide a world-class customer experience and profitably grow revenue in our 25-state footprint."
McLeodUSA's 17-member Board now includes 11 current or former chief executives. In addition to Ted Forstmann, who is Chairman of the Executive Committee and Senior Partner of Forstmann Little & Co., the Board includes the following non-management Directors: Jeff Benjamin, Senior Advisor, Apollo Management; Ed Breen, Chairman and Chief Executive Officer of Tyco International Ltd.; Tom Collins, Of Counsel at Shuttleworth & Ingersoll, P.C.; Dale Frey, Former Chairman and Chief Executive Officer of General Electric Investment Corporation and Vice President and Treasurer of General Electric; Jim Hoffman, Executive Vice President of Alliant Energy Corporation; Jeong H. Kim, Chief Executive Officer of Yurie Holdings and former President of the Optical Networking Group at Lucent Technologies; Tom Lister, General Partner of Forstmann Little & Co.; Dan Snyder, Owner and Chairman of the Board of The Washington Redskins; Farid Suleman, Chairman and Chief Executive Officer of Citadel Communications; Peter Ueberroth, Managing Director of The Contrarian Group, Inc. and Owner and Co-Chairman of Pebble Beach Company; and Juan Villalonga, former Chairman and Chief Executive Officer of Telefonica Group.
Biography of New Directors
David W. Checketts is currently Chairman of Sports Capital Partners, a consulting and investment capital firm. From 1994 to 2001, Mr. Checketts was President and Chief Executive Officer of Madison Square Garden. From March 1991 to September 1994, Mr. Checketts was the President of the New York Knicks basketball team. From September 1990 to March 1991, he was Vice President of Development for the National Basketball Association. From 1984 to 1990, Mr. Checketts was President of the Utah Jazz basketball team. Dave serves on the board of directors of Citadel Broadcasting and JetBlue Airways Corporation.
Roger T. Staubach is Chairman and Chief Executive Officer of The Staubach Company, a global, full-service real estate advisory firm that delivers cost effective solutions for users of office, industrial and retail space. A 1965 graduate of the United States Naval Academy with a bachelor of science in engineering, Roger spent four years in the Navy as an officer. He joined the Dallas Cowboys professional football team as a quarterback in 1969 and launched his real estate career while playing football. Roger currently serves on the boards of directors of AMR Corporation, the parent of American Airlines, and Brinker International.
About McLeodUSA
McLeodUSA provides integrated communications services, including local services, in 25 Midwest, Southwest, Northwest and Rocky Mountain states. The Company is a facilities-based telecommunications provider with, as of December 31, 2003, 38 ATM switches, 44 voice switches, 663 collocations, 435 DSLAMs and 3,119 employees. On April 16, 2002, Forstmann Little & Co. became a 58% shareholder in the Company. Visit the Company's website at mcleodusa.com.
Some of the statements in this press release include statements about our future expectations. Statements that are not historical facts are "forward-looking statements" for the purpose of the safe harbor provided by Section 21E of the Exchange Act and Section 27A of the Securities Act. Such statements may include projections of financial and operational results and goals, including revenue, EBITDA, Adjusted EBITDA, profitability, savings and cash. These forward-looking statements are subject to known as well as unknown risks and uncertainties that may cause actual results to differ materially from our expectations. Our expectations are based on various factors and assumptions and reflect only our predictions. Factors that could cause actual results to differ materially from the forward-looking statement include technological, regulatory, public policy or other developments in our industry, availability and adequacy of capital resources, current and future economic conditions, the existence of strategic alliances, our ability to generate cash, our ability to implement process and network improvements, our ability to attract and retain customers, our ability to migrate traffic to appropriate platforms and changes in the competitive climate in which we operate. These and other risks are described in more detail in our most recent Annual Report on Form 10-K and Form 10-K/A both filed with the SEC. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.
SOURCE: McLeodUSA Incorporated
McLeodUSA Incorporated, Cedar Rapids
Investor Contact:
Bryce Nemitz, 319-790-7800
or
Press Contact:
Bruce Tiemann, 319-790-7800
This filing: '8-K/A' -- # 0001038838-04-000179 @ 040310-223302 --
http://www.secinfo.com/$/SEC/Filing.asp?D=Vmfp.15s&CIK=1128949
Filer: Advanced Healthcare Technologies Inc [ formerly Email Mortgage Com Inc ] --
http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1128949
Advanced Healthcare Technologies Inc [ formerly Email Mortgage Com Inc ]
released on Tuesday, 3/9/4, a 3-document, 5-page '8-K'
Current Report -- Form 8-K
for the period ended Tuesday, 3/9/4
filed as of Tuesday, 3/9/4
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001038838%252D04...
HealthSouth Granted Temporary Restraining Order to Prevent Acceleration of Notes
BIRMINGHAM, Ala., Mar 12, 2004 /PRNewswire-FirstCall via COMTEX/ -- HealthSouth Corp. (OTC Pink Sheets: HLSH) today announced that the Circuit Court of Jefferson County, Alabama, has granted its request and issued a temporary restraining order to prevent acceleration of its outstanding notes.
HealthSouth said it sought this relief to prevent certain holders of its notes from accelerating their indebtedness, which HealthSouth believes would cause substantial harm to its enterprise value and all of its stakeholders. The suit also seeks a judicial determination regarding several indenture issues, including the applicability of certain acceleration and payment provisions. HealthSouth said it is hopeful these actions will assist the Company in reaching a consensual agreement with these noteholders with respect to certain technical defaults and in completing its restructuring.
The Special Committee of HealthSouth's board, its new management team and its more than 46,000 employees have worked tirelessly since the events of March 2003 to restore credibility with its patients, doctors, employees, creditors, stockholders and other constituencies. HealthSouth said it is current on all principal and interest payments and has made great progress in its turnaround.
About HealthSouth
HealthSouth is the nation's largest provider of outpatient surgery, diagnostic imaging and rehabilitative healthcare services, with nearly 1,700 locations nationwide and abroad. HealthSouth can be found on the Web at www.healthsouth.com.
SOURCE HealthSouth Corp.
Andy Brimmer, +1-205-410-2777, for HealthSouth Corp.
http://www.healthsouth.com
Universal Ice Blast Inc. Implements Worldwide Licensing Strategy; A Web Radio Series Featuring Interviews with CEOs, by IPOdesktop.com
LOS ANGELES, March 12, 2004 (PRIMEZONE) -- IPOdesktop.com presents "Universal Ice Blast implements worldwide licensing strategy," a web radio show with Rory Clarke, Chairman and CEO of Universal Ice Blast Inc. (OTCBB:UIBI). Universal Ice Blast, Inc. has a patented process known as the Ice Blast Technology.
CEO Guest: Rory Clarke, Chairman and CEO of Universal Ice Blast www.iceblast.net
Show host: Francis Gaskins, Editor, http://IPOdesktop.com
RADIO SHOW AGENDA
To listen to this radio show:
WindowsMedia: http://www.worldtalkradio.com/archive.asp?aid=1298
(If this is not a direct link simply copy and paste to your Internet browser to listen to the interview)
1. NEW FULL LICENSING STRATEGY
-- Outsourcing manufacturing
-- Marketing and selling through system integration partners
2. UPDATE ON THE AUTOMOTIVE MARKET
especially IR (implementation ready) process approval
3. EUROPE
4. THE ABRASIVE CLEANING MARKET
Please read the Forward-Looking Statements, they form an integral part of this press release. http://gaskinsco.com/forwardlooking.htm
About Universal Ice Blast http://www.iceblast.net
Universal Ice Blast, Inc. has a patented process known as the Ice Blast Technology. UIBI has positioned the technology into three, billion-dollar markets: Precision Cleaning (automated production cleaning/de-burring): Industrial Cleaning (fixed systems parts cleaning, petro-chemical and pulp and paper): and Environmental Cleaning (lead paint and asbestos abatement off steel bridges and building structures). Since 1995 the company has actively engaged in developing its technology for these markets. Substantial testing and field research with major clients within large markets has now brought the company to full commercialization of its products in these markets.
CONTACT: Universal Ice Blast
Rory Clarke
425-893-8424
http://www.iceblast.net
rory@iceblast.net
Cycle Country's Innovations Lead Their Growth in the ATV Accessory Market; Dealers Show Strong Interest in New Products Displayed at the Indianapolis Dealer Expo 2004 Industry Trade Show
MILFORD, Iowa, March 9, 2004 (PRIMEZONE) -- Cycle Country Accessories Corp. (AMEX:ATC), the outright leader in developing and manufacturing select custom-fitting accessories for the all-terrain vehicle (ATV) and other diversified industry products, reports their new, patent-pending remote blade angling device was a huge success at the Dealer Expo 2004 industry trade show held February 14th thru the 16th. With a company slogan of 'Work Hard, Play Hard', Cycle Country continually focuses on developing ATV accessories that turn any ATV into a valuable tool for work as well as a great toy for play. By making an ATV so versatile in work and play, the company's commitment to simplifying work and play continues to be the driving force behind the advancement of Cycle Country's leading ATV accessories.
The company expects its new blade angling kit to be received very well among ATV dealers and enthusiasts alike. It is projected to be one of the most sought-after Cycle Country products in quite some time. "We continually challenge ourselves to bring new products to market that add versatility and value that our customers are accustomed to receiving from us," said Mr. Ron Hickman, CEO and President of Cycle Country Accessories. "The overwhelming success the blade angling kit received at the Dealer Expo is just another example of our company's strong tradition of providing quality products that allow ATV owners everywhere to Work Hard and Play Hard."
A.G Edwards & Sons and Standard & Poor's are reporting a projected rise in sales in 2004 for traditional toys. It is believed that baby boomers and the strengthening U.S. economy will support this rise and traditional toys are going to play a major role in the boost to our economy. Cycle Country's accessories should benefit greatly from these types of purchases as its accessories, from snowplow blades to gun racks, revolutionize work and play related projects and provide years of dependable use.
About Cycle Country Accessories Corp.
Cycle Country, http://www.cyclecountry.com, with over 50% of the worldwide market in several product categories, is the industry leader in the design, engineering and manufacturing of custom-fitting accessories for the utility all-terrain vehicle (ATV).
Since 1981, Cycle Country has developed an extensive line of branded products of snowplows, lawnmowers, spreaders, sprayers, hitches and many other utility equipment items along with recreational accessories. The Company's products custom fit virtually every brand of ATV on the market, which are distributed to essentially all ATV and motorcycle dealers in North America.
The Company has 16 domestic and 19 international distributors that sell Cycle Country products in 37 countries throughout North America, Asia, Europe, Central and South America. Additionally, Cycle Country dominates the golf car wheel cover market by manufacturing approximately 90% of all wheel covers sold to original equipment manufacturers worldwide. The Company sells high-performance premium oil filters for motorcycles and ATVs throughout the U.S. under the brand name Perf-form Products. They also manufacture heavy-duty garden equipment attachments for garden tractors, ATVs and other utility vehicles within the Lawn & Garden industry under their brand name Weekend Warrior.
For the latest SEC filings or past news releases, go to the company's website at http://www.cyclecountry.com and click on the Investor Relations heading. Please direct any financial questions to Todd Doom at Magellan Financial Media Group, LLC. (317) 867-2839.
Cycle Country Accessories Corp: 2188 Hwy. 86, Milford, Iowa 51351, (800) 841-2222.
Forward looking statements: This press release and other statements by Cycle Country may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "potential," or future/conditional verbs such as "will," "should" and "could."
CONTACT: Magellan Financial Media Group, LLC
Todd Doom
(317) 867-2839
Advanced Healthcare Technologies, Inc. to Begin Marketing in Europe
OMAHA, Neb.--(BUSINESS WIRE)--July 25, 2003--Advanced Healthcare Technologies, Inc. (OTCBB:AVHC) today announced that the Company has retained the services of two German consultants to introduce the Company's Oxygen Therapy products to Europe. The Company is in the process of determining ISO 9000 requirements for its two principal products, the Rigid Portable Extremity Chamber and the Sacral Pouch for wound care patients. With 300 million people as its target and the widespread knowledge of oxygen therapy in Europe from full body hyperbaric oxygen treatment, the lead time to educate the medical community about topical oxygen therapy will hopefully be shortened.
About Advanced Healthcare Technologies
Advanced Healthcare Technologies, Inc. is a company that engages in the development and incubation of companies with products and services in the healthcare industry.
For further information, visit the Advanced Healthcare Technologies, Inc. website at www.advancedhealthcaretechnologies.com (currently being updated) and visit the Advanced Hyperbaric Technologies website at www.advanced-hyperbaric.com.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
CONTACT:
Advanced Healthcare Technologies, Inc.
Randall Sulhoff, 402-697-0945
800-327-4325
or
Elite Equity Marketing
Joseph Pettinelli, 410-321-5454
info@eliteequitymarketing.com
A Happy letter to Mooney stockholders
J. Nelson Happy, president of Mooney Aerospace Group Ltd., has written a letter to Mooney stockholders detailing new developments in the production, staffing, marketing and management of Kerrville-based Mooney Airplane Co. (MAC).
Mooney Aerospace Group Ltd. (OTCBB:MASG) purchased the assets of Mooney Aircraft Corp. in April 2002.
Happy says Mooney's success has always been based on the company's adoption of engineering improvements into the evolutionary character of its aircraft.
"In spite of the fact that many of our customers say that Mooneys are perfect, we are constantly striving to improve the performance and safety of our airplanes," says Happy. "We accomplish this in two major ways: first, by paying attention to our customers; and second, by staying at the top of the industry's engineering advances."
This year Mooney has made two important upgrades to its fleet of aircraft, Happy says. The first is the lowering of the control panel by two inches to improve pilot visibility. The second improvement is the design of a dual bus electrical system that is capable of supporting any new avionics systems that will be offered in the future, as well as improving system reliability.
"We are a conservative company, and we make improvements only when our testing and engineering study clearly indicate that they are truly better for our pilots," says Happy. "This approach, adopted by Founder Al Mooney in 1953, has proven successful for 50 years and we see no reason to change it."
Mooney will debut it's 50th Anniversary Ovation 2DX in Oshkosh, Wis., at the EAA AirVenture Show on July 29, 2003. The show will run through Aug. 4. For more information visit www.mooney.com or contact Terry Freeman at 830-792-2935.
http://www.bizjournals.com/sanantonio/stories/2003/07/21/daily18.html?f=et77
Hi,
My dad added you as assistant. Theres no work involved unless some bashers you know show up. You can use your Manage privilege to remove posts you think are out of line. You may become Chairman of this board later if you want. He starts a lot of these things just to provide a place for people to talk about them and adds assistants from the post list. Have a nice day.
Sean
First of all let me state that you are not welcome on this stock board, and you know exactly why. If we need to put that in the iBox for your benefit that can be done.
I will answer your question. Then you will have no reason to return. You have no interest in pinksheet matters as you said in your post.
Laforza will immediately move to get off the pinksheets when the LDI financing is done. Those negotiations are ongoing. The required filings and market maker actions to get back on the otcbb will also be part of a major new effort to bring the company into the awareness of the professional and private automotive public. This should begin this month, or no later than next.
SDH
McDuck,
Considering all the free advice you gratefully accepted from my Dad regarding your inoperable or non-existant solar system and how to go about engineering one that would work - like ours does - you really come across as a pretty snotty and bitter individual.
The only person who can buy and sell stocks for you, is you.
Before you get off on your alias-thing again you might consider that other people actually have family.
sdh
Carmike Cinemas Files Registration With The SEC for Offering of Common Shares
COLUMBUS, Ga., Jun 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- Carmike Cinemas, Inc. (Nasdaq: CKEC, quote, news, chart) (the "Company") today announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed public offering of its common shares, 3,000,000 of which are being offered for sale by the Company and 500,000 of which are being offered for sale by certain stockholders.
The Company intends to use the proceeds to repay a portion of its outstanding debt.
Goldman, Sachs & Co. will act as sole bookrunning manager of the transaction. UBS Warburg LLC will act as co-lead manager.
About Carmike
Carmike Cinemas, Inc. is one of the largest motion picture exhibitors in the United States. The Company currently operates 310 theatres with 2,267 screens located in 35 states and in small- to mid-size non-urban markets.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the shares in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Prospectuses, when available, may be obtained from Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, Attention: Prospectus Department.
SOURCE Carmike Cinemas, Inc.
CONTACT: Suzanne D. Brown, Investor/Public Relations of Carmike Cinemas, +1-706-576-2737 URL: http://www.carmike.com
Mariculture Systems, Inc. (OTC BB: MCUL)
THE SARGOTM SYSTEM
In the competitive fish farming industry, Mariculture's proprietary SARGO FINFARMS solid wall fish rearing system provides fish farmers with a host of advantages as compared to traditional net pen systems. This revolutionary fish pen offers substantial economic and environmental benefits by allowing greater control of the fish growing environment. The SARGO system allows for increased control from external elements and greater leverage of internal elements.
Enclosed Fish Containment Reservoir
The SARGO solid wall reservoir is structured from composite plastic or reinforced fiberglass that withstands sea elements and is resilient to corrosive marine organisms. The solid wall containment approach is implemented in Northern Europe through land-based systems. However, the prohibitive costs associated with land-based systems constrain most fish farmers in the United States from pursuing this technique.
ENVIRONMENTAL FACTORS
The SARGO FINFARM technology is revolutionizing the aquaculture industry by offering environmentally safe alternatives to fish farming. The farms are made up of a series of self-contained complex floating SARGO reservoirs and support facilities.
The reservoir technology eliminates waste from polluting the surrounding waters by containing the waste in the conical bottom section of the reservoir. The solid wall structure also prevents the domesticated fish from escaping and competing with the native fish for food and habitat. Containing the domestic fish in the SARGO structure also negates the perceived concern of escaped fish breeding with native fish and contaminating genetic stocks.
Fish farm permits have become increasingly difficult to obtain due in part to the visual impact on coastal areas. Given the high price of real estate associated with waterfront property, visual impairments such as fish farms are generally unacceptable. Consequently, remote areas like upper British Columbia, Canada and Chile have been scouted for new farm installation.
However, SARGO FinFarms eliminate virtually all of these environmental concerns by requiring significantly less surface area as compared to net pens. SARGO's permitting process and associated site costs are far fewer enabling the Company to establish a new standard in aquaculture for environmental compatibility.
MULTIPLE TARGET MARKETS
Marine Net Pen Fish Farm Replacement
Current users of net pens represent Mariculture's greatest customer base.
SARGO reservoirs can be configured for retrofit installation into existing net cage operations.
Brood Stock Enhancement Farms
Marine farms with access to freshwater benefit from the system as the fish transition from freshwater to saltwater.
The SARGO system eliminates the stress associated with capture and transport, thus reducing the mortality rates.
Freshwater Farms
Marine environment with freshwater can also use the SARGO system.
The circulation system creates artificial currents that closely duplicate a natural environment.
ECONOMIC IMPACT OF SARGOTM SYSTEM
Produces Higher Product Quality
Harvests fish with consistent firm flesh characteristics.
Greater Return on Investment
The net pen systems require replacement every three or four years, while the SARGO system has an expected lifespan in excess of 30 years.
Raises Survival Rates With the SARGO system, survival rates consistently reach 95% or more.
Isolates Disease
The independent pen environment in the closed-containment system helps to keep diseases from spreading and infecting mass quantities of fish.
Eliminates Fish Loss
Eliminates fish loss from predators and escape, as opposed to open net systems which are very susceptible to loss from both predators and escape.
FUTURE OUTLOOK
The implementation of SARGO technology holds the potential to transform the world food market and potentially avert a global food crisis by increasing the quantity and reliability of fish produced for sale. Utilization of the SARGO system translates to increased control of the growing habitat and productivity for the farm operators.
Atlantic salmon imports were estimated at 345 million pounds in 2001. Projections for 2002 show that imports of salmon are expected to continue to grow - reaching close to 360 million pounds - estimated at $760 million in value, during 2002. Relatively strong demand for salmon products is expected to continue throughout 2002, particularly from the restaurant industry.
The PBS documentary "Empty Oceans, Empty Nets" details the inverse relationship between fish supply from the world's oceans and the increased demand for fish from consumers. Producers may struggle to meet this increased demand due to the costs associated with expanding standard production capabilities. However, SARGO technology reduces production costs and is a viable alternative for fish farmers looking to increase productivity while lowering or keeping overhead costs constant.
The reduction in operating costs, increase in product quality, and greater return on investment gained through implementation of the SARGO system results in the potential for near-and long-term return on capital.
.
Mariculture Systems, Inc. (OTC BB: MCUL)
BUSINESS SUMMARY
Mariculture Systems (OTC BB: MCUL) is a pioneer of fish farming technology. The Company's patented SARGOTM FINFARM is a closed-containment grow-out system that offers commercial fish farmers substantial advantages over traditional net pen systems. The technology offers significant production cost benefits by eliminating fish losses through predators and escape, shortening time to harvest, and allowing for higher stocking densities, all while virtually eliminating the environmental concerns associated with traditional net pens.
Mariculture's SARGO Finfarm System holds the potential to revolutionize the aquaculture industry by creating economies of scale, in turn reducing operating costs and decreasing the associated manpower and labor costs. The Company is poised to gain substantial market share with the introduction of the SARGO Finfarm system to the aquaculture market and is presently negotiating potential sales with companies in Asia, Central and South America, and Canada
BURGEONING INDUSTRY
Mariculture has the potential to penetrate an existing market of approximately 2,600 fish farms using traditional systems worldwide. The Company has the opportunity to realize additional revenues through the implementation of new fish farms in untapped regions and through long-term service contracts.
The market for seafood has become heavily concentrated in a small number of the most popular species and a larger proportion of seafood consumption is coming from overseas. The value of Atlantic salmon, farm-raised shrimp and tilapia imported to the United States during 2001 was about $400 million greater compared to the value of poultry the U.S. exported. While beef and poultry production is expected to slow and remain constant respectively, the seafood sector is expected to benefit from increased demand for seafood products. Popular culture continues to trend away from red meat for health reasons, while praising the benefits of fish. Seafood consumption averages about 33.5 pounds per person annually.
STOCK INFORMATION
http://chart.bigcharts.com/external/standard-cobrand/chart.a...
Business: Aquaculture
OTC Symbol: MCUL
Market Price: $.30
Average Daily Volume: 13,700
Price Range: $.015-0.30 (5/7/02 - 6/3/02)
Common Shares Outstanding: 11.76 M
Estimated Public Float: 1.5 M
Fiscal Year End: December 31
Market Cap: 3.53 M
Company Contacts: David Meilahn CEO
Mariculture Systems
P.O. Box 1746
Edmonds, WA 98020-1746
tel: 425-778-5975
fax: 425-672-8012
info@sargo.net
Investor Relations: Jamie Dryer
OTC Financial Network
300 Chestnut St., Suite 200
Needham, MA 02492
tel: 888-678-7078
fax: 781-444-6101
jamie@otcfn.com
INVESTMENT HIGHLIGHTS
Pioneer in aquaculture industry offering distinctive technology with the power to redefine the global food market.
Potential to gain substantial market share as the aquaculture industry adopts closed wall containment systems as an environmentally-safe alternative to traditional pens.
Expected product lifespan in excess of 30 years - with each farm possible of producing 500 metric tons of fish annually - provides opportunity for consistently higher profit margins compared to conventional pens .
ENVIRONMENTALLY SAFE ALTERNATIVE
http://www.otcfn.com/mcul/system.gif
The raceway current, water circulation and supply, and waste collection system of the closed-containment system eliminate environmental hazards to the surrounding areas and external fish population.
.
GECC 0.105 +0.035 (+50.00%) 0.10 0.115 Vol = 1,923,700
GOLF ENTERTAINMENT - OTC BB: GECC
Rec. Time Action Price Volume Exch.
4:00:51 PM Bid 0.1 5000 OTC BB
3:59:04 PM Trade (at Bid) 0.105 3000 OTC BB
3:59:00 PM Trade (at Bid) 0.105 1000 OTC BB
3:57:23 PM Trade 0.11 1000 OTC BB
3:57:23 PM Trade 0.11 4000 OTC BB
3:56:54 PM Trade 0.11 10000 OTC BB
3:54:13 PM Trade 0.11 6500 OTC BB
3:54:13 PM Trade 0.11 20000 OTC BB
3:54:10 PM Trade (at Bid) 0.105 5000 OTC BB
3:54:09 PM Trade 0.11 5000 OTC BB
3:54:05 PM Bid 0.105 5000 OTC BB
3:53:42 PM Trade (at Bid) 0.11 20000 OTC BB
3:53:02 PM Ask 0.115 5000 OTC BB
3:51:49 PM Trade (at Bid) 0.11 2500 OTC BB
3:51:34 PM Trade (at Bid) 0.11 5000 OTC BB
3:50:09 PM Trade (at Ask) 0.119 5000 OTC BB
3:49:42 PM Trade 0.115 5000 OTC BB
3:49:38 PM Bid 0.11 5000 OTC BB
3:49:15 PM Ask 0.119 5000 OTC BB
3:48:56 PM Trade (at Ask) 0.12 5000 OTC BB
.
Civil Fraud Lawsuit Filed By E-Rex Shareholder Near The Discovery Phase
MIAMI, June 6 /PRNewswire-FirstCall/ -- All six defendants in a civil fraud lawsuit against E-Rex, Inc. (OTC Bulletin Board: EREX) and its officers and against International Investment Banking Inc. (IIBI) have answered the suit and the plaintiff's law firm is moving toward the discovery process in the next few days, according to plaintiff Chris Ford, successor trustee of the Carol Gamble Trust 86.
Ford, a major shareholder in E-Rex, said the company has made no formal attempt to settle the case for fraud, civil theft, failure to repay a promissory note and breach of fiduciary duties on the part of E-Rex, a Miami- based technology development company, and Donald Mitchell, who was serving as chairman and president of IIBI at the same time he was chairman of the board at E-Rex. Ford's suit also names E-Rex President, CEO and Director Carl Dilley, Director Joseph Pacheco, and former Director and Treasurer Jeffrey Harvey.
Ford also said E-Rex has made no formal attempt to settle a class action lawsuit/class action pending brought by a group of E-Rex shareholders against the company in Federal Court in Nevada in February 2002. The next hearing on that case is set for July 8 in Las Vegas.
Ford said the attitude of management is clearly reflected in a February 2 article in the South Florida Business Journal, which quoted E-Rex president and CEO Carl Dilley: "I have no control over the gamblers of the world that would be so foolish as to put their life savings in any OTC stock, including ours, and actually for no one does it make sense to invest your life savings in any stock ...An investment in our company is by any measure speculative and no one should put one penny in this company that they are not prepared to lose." Dilley wrote this in a February 2, 2002 e-mail, according to the Journal.
For more information regarding the E-Rex situation, including transcripts of the shareholder lawsuits, please contact Andrew M. Rose, Marketing Ink, Inc. at (954) 428-2678, (954) 234-5806 (cell 24/7) or andy@marketingink.net
SOURCE Chris Ford, successor trustee of the Carol Gamble Trust 86
CONTACT: Andrew M. Rose of Marketing Ink, Inc.,
+1-954-428-2678, or cell, +1-954-234-5806, or andy@marketingink.net, for Chris
Ford
GenoMed, Inc. Signs Letter of Intent With Leading Healthcare Management Company
ST. LOUIS, June 6 /PRNewswire-FirstCall/ -- GenoMed, Inc. ("the Company" or "GenoMed") (National Quotation Bureau's Pink Sheets Symbol GMED), a St. Louis, Missouri-based medical genomics biotechnology company, announced today that it has signed another Letter of Intent to license its ACE inhibitor treatment regimen to the physicians under management by Parks HealthCare, Inc. Parks HealthCare is a healthcare management company serving 1,800 physicians located in Arizona and New Mexico.
Parks HealthCare was founded in 1985 by Sue Parks, R.N., and is a leading physician management company specializing in group purchasing for physicians located in the Southwestern United States. According to the Letter of Intent, Parks HealthCare would offer GenoMed's treatments to its physicians, who would then provide GenoMed's treatments to their patients under GenoMed's close supervision.
Sue Parks, President and CEO of Parks HealthCare, stated that "GenoMed's program is an extremely exciting offering for the Phoenix market where we have a broad diversity of demographics including the important category of aging baby-boomers and snow-birds. Our physicians are committed to improving patient outcomes at all stages of life and are looking for programs that can support this commitment. GenoMed's regimen can clearly deliver outcomes. The exciting part is that patients will seek out our physicians based upon this arrangement. It is a win-win for our physicians and the general patient population."
Dr. David Moskowitz, GenoMed's Chairman and Chief Medical Officer, stated, "We are extremely pleased to have Parks HealthCare join the growing number of physician organizations participating in GenoMed's licensing program. The fact that large physician organizations are joining our licensing program is a validation of our mission, our treatments and our scientific and business approach. Parks HealthCare's physicians currently care for hundreds of thousands of patients, many of whom will be eligible for GenoMed's treatments. This and our other collaborations will generate licensing revenues for GenoMed. As with all of our revenue sources, we will dedicate them to the discovery of new disease genes."
GenoMed, Inc. is a medical genomics company whose mission is to improve patient outcomes by identifying genes that cause disease. A recent St. Louis Business Journal article (http://www.stlouis.bizjournals.com/stlouis/stories/2002/05/1...) reported that the company has applied for patents based on its finding that the ACE gene is associated with nearly 40 common, age-related diseases. The Company has filed patent applications on its new treatments for both human and veterinary use. A video version of the company's treatment results for chronic kidney failure is available at http://216.234.225.2/external.asp?b=571&id=49&from=pl.
Consistent with the Company's goal to improve patient outcomes globally, GenoMed is currently working to license its treatments to physicians and healthcare systems worldwide. In May, GenoMed announced an agreement with Saint Louis Management Group representing more than 3,800 physicians, http://www.genomedics.com/index.cfm?action=investor&drill=053002.
GenoMed also recently held a press conference at La Clinica Health Center (3646 Fairview Ave., St. Louis, MO; tel. 314-664-5565) to discuss licensing the same treatment to La Clinica for its Hispanic population, who have a 50% prevalence rate of diabetes. The press conference was held jointly with Lieutenant Governor Joe Maxwell, who encouraged senior citizens to sign up for Missouri Senior Rx Program, and urged improvement in minority health outcomes.
For questions, please contact Krissy Fischer, tel. 1-877-GENOMED, FAX 314-977-0042, email: kfischer@genomedics.com, or visit GenoMed at http://www.genomedics.com.
SOURCE GenoMed, Inc.
CONTACT: Krissy Fischer of GenoMed, Inc., +1-877-GENOMED,
fax: +1-314-977-0042, kfischer@genomedics.com/
Web site: http://www.genomedics.com
.
ENERGY & ENGINE TECHNOLOGY CORP files Form 10QSB, Quarterly Report of Financial Condition
--------------------------------------------------------------------------------
VIEW ENTIRE FILING
PART I - FINANCIAL INFORMATION
Item 1. Financial Statements.
Item 2. Management's Discussion and Analysis or Plan of Operation
PART II - OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-k
Balance Sheet
Balance Sheet 2
Cash Flow
Note 9 Subsequent Events
--------------------------------------------------------------------------------
End of News Created by: EDGARPro.com
Copyright 2002, EDGAR Online, Inc. All rights reserved. Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
News is provided by Financial Insight Systems, Inc.
ENERGY & ENGINE TECHNOLOGY CORP files Form NT 10-Q, Notification of Late Filing
--------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(CHECK ONE): / /Form 10-K / /Form 20-F / /Form 11-K /X/Form 10-Q / /Form N-SAR
For Period Ended: March 31, 2002
/ / Transition Report on Form 10-K
/ / Transition Report on Form 20-F
/ / Transition Report on Form 11-K
/ / Transition Report on Form 10-Q
/ / Transition Report on Form N-SAR
For the Transition Period Ended:
--------------------------------------------------------------------------------
READ INSTRUCTION (ON BACK PAGE) BEFORE PREPARING FORM. PLEASE PRINT OR TYPE.
NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN.
--------------------------------------------------------------------------------
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
--------------------------------------------------------------------------------
PART I -- REGISTRANT INFORMATION
Energy & Engine Technology Corporation
--------------------------------------------------------------------------------
Full Name of Registrant
Bidder Communications, Inc.
--------------------------------------------------------------------------------
Former Name if Applicable
5308 W. Plano Parkway
--------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number) Plano, Texas 75093
--------------------------------------------------------------------------------
City, State and Zip Code
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; /X/ (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Auditor failed to deliver quarterly financial statement by today.
(ATTACH EXTRA SHEETS IF NEEDED)
SEC 1344 (6/94)
--------------------------------------------------------------------------------
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Jolie Kahn 972 732-6360
---------------------------------- ----------------- ----------------------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). /X/ Yes / / No
--------------------------------------------------------------------------------
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? / / Yes /X/ No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
--------------------------------------------------------------------------------
Energy & Engine Technology Corporation
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date 5/15/02 By Jolie Kahn
--------------------------------------- ----------------------------
General Counsel
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.
____________________________________ATTENTION__________________________________
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
--------------------------------------------------------------------------------
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule O-3 of the General Rules and Regulations under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but need not restate information that has been correctly furnished. The form shall be clearly identified as an amended notification.
5. ELECTRONIC FILERS. This form shall not be used by electronic filers unable to timely file a report solely due to electronic difficulties. Filers unable to submit a report within the time period prescribed due to difficulties in electronic filing should comply with either Rule 201 or Rule 202 of Regulation S-T (Section 232.201 or Section 232.202 of this chapter) or apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T (Section 232.13(b) of this chapter).
--------------------------------------------------------------------------------
End of News Created by: EDGARPro.com
Copyright 2002, EDGAR Online, Inc. All rights reserved. Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
News is provided by Financial Insight Systems, Inc.
ENERGY & ENGINE TECHNOLOGY CORP files Form 10KSB, Annual Report
--------------------------------------------------------------------------------
VIEW ENTIRE FILING
PART I
Item 1. Description of Business
Item 2. Description of Property
Item 3. Legal Proceedings
Item 4. Submission of Matters to a Vote of Security Holders
PART II
Item 5. Market for Common Equity and Related Stockholder Matters
Item 6. Management's Discussion and Analysis of Financial
Results of Operations
Liquidity and Capital Resources
Income Statement
Item 8. Changes in and Disagreements with Accountants On
PART III
Item 9. Directors and Executive Officers of Registrant.
Item 10. Executive Compensation
Item 11. Security Ownership of Certain Beneficial Owners And
Item 12. Certain Relationships and Related Transactions.
For the Years Ended 31 December 2001 and 2000
Independent Auditors' Report
Balance Sheet
Cash Flow
Note 8 Subsequent Events
--------------------------------------------------------------------------------
End of News Created by: EDGARPro.com
Copyright 2002, EDGAR Online, Inc. All rights reserved. Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
News is provided by Financial Insight Systems, Inc.
Enviro-Energy Corporation Subsidiary Reports New Contracts and New Consolidated Corporate Offices
SPOKANE, Wash.--(BUSINESS WIRE)--June 4, 2002--Enviro-Energy Corporation (OTCBB:ENGY) (Germany: 676401-EVM.BER) is pleased to announce that its wholly owned subsidiary, Energy Flow Management, Inc. (EFMI), reports new contracts of $1,935,000.
This new business is under Colvico, Inc., EFMI's Spokane, WA-based subsidiary, maintaining its current backlog at approximately $10,000,000.
Enviro-Energy Corporation further announces that it has opened its new corporate offices at 3808 N. Sullivan, #N-15, Suite 201, Spokane, WA 99216. This 2900-square-foot facility will house consolidated corporate offices for Enviro-Energy Corporation and Energy Flow Management, Inc.
EFMI reports that its first biomass conversion plant continues commissioning procedures. Recent progress continues to be photographed and posted to the corporate website: www.enviro-energycorp.com.
Enviro-Energy Corporation is a consolidator and operator of bio-waste treatment and energy conversion systems and technologies.
Energy Flow Management, Inc. is a wholly owned subsidiary of Enviro-Energy Corporation, responsible for developing, manufacturing and operating proprietary Enviro-Energy(TM) Bio-Waste Systems.
Colvico, Inc. is a wholly owned subsidiary of Energy Flow Management, Inc.
CONTACT: Enviro-Energy Corporation
www.enviro-energycorp.com
Galen Loven, 509/252-5850
gdl@enviro-energycorp.com
or
Energy Flow Management, Inc.
Thomas Bowers, 805/331-4675
tfbowers@enviro-energycorp.com
ENERGY & ENGINE TECHNOLOGY CORP files Form NTN 10K
OMB APPROVAL
OMB Number: 3235-0058
Expires: January 31, 2005
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
SEC FILE NUMBER 000-32129
CUSIP NUMBER 29267 D 108
NOTIFICATION OF LATE FILING
(Check One): x - Form 10-KSB Form 20-F Form 11-K Form 10-Q
Form N-SAR
For Period Ended: December 31, 2001
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ___________________
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
Energy & Engine Technology Corporation
Full Name of Registrant
Bidder Communications Inc.
Former Name if Applicable
5308 West Plano Parkway
Address of Principal Executive Office (Street and Number)
Plano, TX 75093
City, State and Zip Code
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
X (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form 10-KSB, Form 20-F,11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report portion thereof, could not be filed within the prescribed time period.
Registrant is in the process of commencing operations and in such is in the process of completing its business plan and engaging inhouse counsel, who will be charged with finalizing its business plan and drafting the Form 10-KSB for the year ended December 31, 2001. Counsel plans to spend the week of April 1 at registrant's offices to complete and finalize document review and prepare Form 10-KSB. Due to these developments, registrant would be unable to have its Form 10-KSB properly prepared by its new counsel on or before March 30, 2002. Registrant will file its completed Form 10-KSB with audited financials on or before April 14, 2002.
PART IV-- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Roger N. Wurtele, CFO (Name) (972) 732-6360
(2) Have all other periodic reports reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceeding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). xYes No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? Yes x No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
ENERGY & ENGINE TECHNOLOGY CORPORATION
--------------------------------------------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date March 28, 2002 By: /s/ Roger N. Wurtele, Chief Financial Officer
GECC Unveils 'Sienna Broadcasting' -- A New Latino TV Concept
SPRINGDALE, Ark., June 3 /PRNewswire-FirstCall/ -- Golf Entertainment, Inc. (OTC Bulletin Board: GECC - News) today unveiled its long term vision, a name change and a step by step plan to redirect and re-establish itself, first, as a multi-station Spanish language TV broadcaster, and eventually as a nationwide TV network to serve the vast and growing Latino audience in the U.S.
First order of business, according to CEO Dr. Tim Brooker, is to change the corporation's name to one that better describes its new endeavor. "We are a TV broadcaster, no longer in the golf business," said Brooker. "As soon as we can file the paperwork, we'll be known as Sienna Broadcasting Corporation, or 'SBC'."
The SBC vision flows from the Company's development of inexpensive local transmitters erected throughout the nation for less than $250,000 each. Local commercials will be sold, but core Spanish language programming would be fed from the SBC Network Operations Center in Springdale, permitting quick, low- cost expansion.
"Low cost installation and operation will allow us to grow at a rapid pace," said Brooker. "The system will be operated efficiently by a dozen staffers in addition to the commission sales force. We will focus on those small communities which have mushrooming Latino populations to give us a continually expanding audience."
SBC is finalizing acquisition of KVAQ-LP, in Springdale, Arkansas, corporate headquarters of GECC, for a final payment of $291,000. Additionally, SBC has targeted two Oklahoma stations for immediate acquisition: one in Oklahoma City and one in Tulsa, for an estimated package price of about $750,000.
SBC created an immediate revenue stream and reported earnings in the first quarter of fiscal 2002 through operations associated with KVAQ-LP. The Company is now negotiating for acquisition of two additional stations in Oklahoma. SBC's plan is to market a 3-station Springdale-Tulsa-Oklahoma City regional advertising package.
SBC's goal is to create a revenue flow with these properties that will stabilize the book value of each individual station at about $2 million per station after a year of solid operation.
From a 3-station base, GECC plans to obtain FCC licenses to install economical pre-fab station modules in 10 additional locations in Arkansas, Mississippi, Tennessee, Alabama and Georgia at an initial expenditure of approximately $2.5 million dollars in 2003. Another 15 stations would be built in 2004 along the East Coast.
About Golf Entertainment: Golf Entertainment, Inc. is a commercial broadcast TV program provider. We offer a broad range of creative, news, infomercial and other programming products for the rapidly growing Hispanic population in the United States. The company is headquartered in Springdale, Arkansas.
SOURCE: Sienna Broadcasting Corporation
E-Rex Inc. Appoints Mr. Joseph Pacheco Chief Operating Officer and Mr. Michael C. Balduzzi as Executive Director, Business Development and Strategic Partnering
MIAMI, May 31, 2002 (PRIMEZONE) -- Today E-Rex, Inc (OTCBB:EREX) announced that Joseph Pacheco has been appointed Chief Operating Officer effective immediately. In addition, the Company has also appointed Michael Balduzzi Executive Director of Business Development and Strategic Partnering.
Mr. Pacheco originally joined the E-Rex Board of Directors in October of 2001 bringing more than 20 years of business management experience to the Company. He has served as CFO for several large corporations and through his accounting practice, known as Financial Management Services, has provided accounting and tax advice to many companies including entities controlled by GE Capital. Mr. Pacheco has also served as CFO for a broker dealer and has been involved at many levels of the equities and public market arena.
"I am very pleased to announce the appointment of Joe Pacheco to the COO position," stated Carl Dilley, E-Rex President and CEO. "Mr. Pacheco has been instrumental in furthering the Company's efforts to develop and deploy our primary product, and his appointment reflects the Board's confidence in his ability to assume greater responsibility in strategically executing our future growth plans."
Prior to accepting the role of Executive Director, Mr. Balduzzi served on the E-Rex Advisory Board. He brings a blend of 20 years of sales and marketing experience in wire-line and wireless telecommunications, optical networking, and interactive television (ITV). His expertise includes executive level selling, business development and strategic partnering. Recently, Mr. Balduzzi served as Senior Vice President of Sales for Canal+ Technologies. In this capacity he directed the market launch of ITV middleware to Cable and Satellite TV providers. Before entering the ITV industry, Mr. Balduzzi served in executive sales and marketing positions to launch early stage companies in the telecom and wireless sectors.
"Mike Balduzzi's extensive experience in the mobile and wireless industry will be crucial in his new role of positioning Dragonfly for market partnering and channel access opportunities," stated Joe Pacheco, E-Rex Chief Operating Officer.
Company Provides Update on Civil Litigation
In the last hearing held on May 15, 2002 in the matter of Carol J. Gamble Trust, et al vs. E-Rex. The Court invited E-Rex to submit a motion to dismiss the case. This motion, along with other motions, will be addressed at the next hearing presently scheduled for July 8, 2002.
Today E-Rex, Inc. filed a Federal Civil Action in US District Court in California against Chris Ford, Terry Shores, June Blackwell, The Carol J. Gamble Trust, Steve Rigg, Michael J. Capelouto, Randy Lamberto, Ressonyia Andersen, David Simmermacher, Suavek Kownacki, and the Sage Group Strategies alleging securities violations, attempted illegal takeover, stock manipulation, defamation, and violation of Federal Rico Statues. The complaint seeks substantial damages estimated to be in excess of $100 million dollars. The Company is also seeking treble damages and injunctive relief against this minority shareholder group.
The Company is pursuing these legal avenues to protect the Company, its shareholders, and its assets.
About E-Rex, Inc.
Headquartered in Miami, E-Rex, Inc. is a technology company dedicated to designing and the future production of stand alone user-friendly portable devices and direct Internet access products targeted at mobile enterprise users.
Further details on the Company can be found online at http://www.e-rex.net.
CONTACT: E-Rex, Inc., Miami
Mitch Ackles, Corporate Communications Director
(305) 895-3350
mackles@e-rex.net
Corporate Profile for Cycle Country Accessories Corp., dated May 31, 2002
May 31, 2002 (BUSINESS WIRE) -- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: May 31, 2002 Company Name: Cycle Country Accessories Corp.
Address: 2188 Hwy. 86 Milford, Iowa, 51351
Main Telephone Number: 800/841-2222
Internet Home Page Address (URL) http://www.cyclecountry.com
Chief Executive Officer: Ronald Hickman
Chief Financial Officer: David Davis
Investor Relations Contact: Scott Gibson
Business number: 407/772-7723
E-mail address: cycy@veritascap.com
Public Relations Contact: Scott Gibson
Business number: 407/772-7723
E-mail address: cycy@veritascap.com
Industry: Misc. Capital Goods Trading Symbol/ Exchange: CYCY/OTCBB
Market Makers:
ALEX/ALPS/ALWC/BLOW/FLTT/FRAN/GVRC/HILL/IFSC/ISRC
LTCO/MHMY/MLNJ/NITE/PGON/PRGM/PUGS/SCHB/STRE/VFIN
WIEN/WSEI
Company Description: Cycle Country Accessories Corp., http://www.cyclecountry.com, with over 50% of the worldwide market, is the industry leader in the design, engineering and manufacturing of high quality, custom fitting accessories for the utility all-terrain vehicle (ATV). Since 1981, Cycle Country has developed an extensive line of branded products of mowers, plows, spreaders, sprayers, hitches and other utility equipment items along with accessories for the recreational user. The Company's accessories custom fit virtually every brand of ATV on the market including all models from Honda, Yamaha, Polaris, Kawasaki, Suzuki, Arctic Cat and Bombardier. Cycle Country's products are distributed by 16 distributors who sell their products to virtually all ATV and motorcycle dealers in North America.
The Company has also developed arrangements with 19 international distributors that have sold Cycle Country products in 40 countries throughout Asia, Europe, Central and South America. Additionally, Cycle Country dominates the golf car wheel cover market by manufacturing approximately 90% of all wheel covers sold to original equipment manufacturers (OEM's) worldwide. Through a recent acquisition, Cycle Country also sells premium oil filters for motorcycles and ATVs throughout the U.S. under the brand name Perf-form Products.
CONTACT: Cycle Country Accessories Corp
E-Rex Shareholder Files New Lawsuit Alleging Fraudulent Diversion of Corporate Assets
MIAMI, May 20 /PRNewswire/ -- A major shareholder in E-Rex (OTC Bulletin Board: EREX) has filed a new lawsuit against the company and its officers and against International Investment Banking Inc. (IIBI) and its officers, alleging fraud, civil theft, failure to repay a promissory note and breach of fiduciary duties.
Shareholder Chris Ford, successor trustee of the Carol Gamble Trust 86, filed the lawsuit on April 16 against E-Rex, a Miami-based technology development company, and Donald Mitchell, who was serving as chairman and president of IIBI at the same time he was chairman of the board at E-Rex.
Ford's suit also names E-Rex President, CEO and Director Carl Dilley, Director Joseph Pacheco, and former Director and Treasurer Jeffrey Harvey. All parties named in the lawsuit were served as of May 8, 2002. They have 20 days to respond.
For more information regarding the E-Rex lawsuit, please contact Andrew M. Rose, Marketing Ink, Inc. at (954) 428-2678 or andy@marketingink.net.
MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X70861532
SOURCE Chris Ford, successor trustee of the Carol Gamble Trust 86
/CONTACT: Andrew M. Rose of Marketing Ink, Inc., +1-954-428-2678, or
andy@marketingink.net, for Chris Ford, successor trustee of the Carol Gamble
Trust 86/
Enviro-Energy Corporation Achieves First Time Profitability and Significantly Improves Balance Sheet
SPOKANE, Wash.--(BUSINESS WIRE)--May 20, 2002--Enviro-Energy Corporation (OTCBB:ENGY) (Germany:676401-EVM.BER) is pleased to announce its financial results for the first quarter ending March 31, 2002.
Revenue increased 464.09% in the first quarter 2002 compared to the first quarter of 2001. Revenue was US $2,289,676 in the first quarter of 2002 compared to US $405,905 in the first quarter of 2001. The increase in revenue was primarily the result of our acquisition of Colvico, Inc. The Company reported a net profit of $85,931 in the first quarter of 2002 as compared to a net loss of $165,798 in the first quarter of 2001.
The Company made major progress in improving its balance sheet to create the opportunity to aggressively expand and grow our business. The Company completed a number of achievements in this area including:
-- Acquisition of Colvico, Inc. for four million shares
(4,000,000) of preferred stock with 4 to 1 conversion for a
total of sixteen million (16,000,000) shares of common stock
translating to $0.25 per common share valuation. Colvico
increases assets to $7,044,243.
-- Discontinuance of Environmental Reclamation Inc. (ERI), thus
eliminating a seriously negative cash drain and producing a
potential stock dividend from the acquiring company.
With the above acquisition and discontinuance transactions, the Company achieved profitability and positive cash flow.
In February 2001 management announced that they were seeking to expand the business of the Company into other environmental businesses, launching a consolidation strategy in a highly fragmented industry. In just one year it has emerged from this strategy with a sharply defined and well-focused business providing bio-waste treatment and energy conversion. The acquisition of Colvico, Inc. on February 1st, 2002 provided Enviro-Energy with an established profitable operating base and access to facilities and resources from which to launch innovative technology designed to transform farm animal manure into energy and amended organic soils (fertilizers). The Company develops and manufacturers its proprietary Enviro-Energy(TM) Bio-Waste Systems through its wholly owned subsidiary Energy Flow Management, Inc. (EFMI).
Management believes that operations will continue to improve throughout the year. Plans to strengthen the Company's management team are expected to accelerate as the Company is now clearly defined and on greatly improved financial footings.
"Having a solid operating company (Colvico, Inc.) from which to build our bio-waste business is a definite advantage," stated Michael Funk, President of Energy Flow Management, Inc. (EFMI). "We have the facilities, engineering and manpower needed to launch our technology. Our first system continues on schedule. Equipment and processing tanks are on site in Tillamook, with final assembly and testing under way. We are posting pictures of the system on our website.
"Understandably, virtually all of our efforts of late have been focused on this important first installation. With it up and running successfully we will be able to release management resources to follow up additional order interest. Company forecasts for the year are expected to be updated this quarter after the Company has had the opportunity to evaluate the impact of the Tillamook launch to order activity."
Enviro-Energy Corporation is a consolidator and operator of bio-waste treatment and energy conversion systems and technologies.
Energy Flow Management, Inc. is a wholly owned subsidiary of Enviro-Energy Corporation, responsible for developing, manufacturing and operating proprietary Enviro-Energy(TM) Bio-Waste Systems.
Colvico, Inc. is a wholly owned subsidiary of Energy Flow Management, Inc.
The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of Enviro-Energy Corporation, Energy Flow Management, Inc. and Colvico, Inc. and their respective managements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third party suppliers, intellectual property rights and the other risks detailed from time to time in the company's publicly available documents filed with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. Enviro-Energy Corporation, Energy Flow Management, Inc. and Colvico, Inc. assume no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.
CONTACT: Enviro-Energy Corporation
Galen Loven, 509/921-9150
gdl@enviro-energycorp.com
www.enviro-energycorp.com
or
Energy Flow Management, Inc.
Mike Funk, 509/252-5827
mfunk@enviro-energycorp.com
Mooney outlook looks positive
http://web.dailytimes.com/story.lasso?-datasource=kerrville&...
By Rosa Lavender The Daily Times Published May 19, 2002
Things are looking up at Mooney Airplane Company despite the fact that stock prices haven’t risen since its change of ownership.
Parts shipping is on the rise, the number of planes to be completed this year has increased by six times and workers once laid off now are back on the job.
President and CEO of Mooney Airplane Company Inc Jack Jansen said Thursday was the best single day for shipping parts since Advanced Aerodynamics and Structures Inc. purchased the local plant earlier this year.
“Our parts business is starting to pick up and things are moving out here,” Jansen said, “and we have 20 more employees coming back to work Monday.”
Mooney Airplane Company Inc. is a subsidiary of Mooney Aerospace Group, the successor to AASI.
Things are going well at the Kerrville plant, said Mooney Aerospace Group president Roy Norris on Friday from his California home. He added that the company expects to deliver its first new airplane in July.
“We have advanced our schedule. Instead of the original three airplanes projected to be completed in 2002, we will produce 20 planes in Kerrville this year,” Norris said.
He said all of the company’s financial issues have been resolved and all payments to Congress Financial are up to date. LH Financial Services Corp in New York has committed to financing the company through mid-2003 when Norris projects the company will become financially self-sufficient.
“LH Financial has 100 percent funded AASI for the past two and a half years,” Norris said. “We are in discussion with another major New York bank that we hope will provide funding for a major new project in the aviation industry.”
Stock prices for the company have remained in the 30 cents-per-share range since mid-March when the San Antonio bankruptcy court approved AASI’s bid to purchase Mooney’s assets.
“We are looking at a change in equity structure that we believe will drive the price of the stock up,” Norris said. “I really think stock prices will rise when Mooney reaches profitability, which we project will happen by mid-2003.”
Norris said he is looking at relocating the West Coast facility to reduce costs and allow for more money to be funneled into the Kerrville operations.
“We have completed the layoff of all our California production workers,” Norris said. “So we don’t need the huge facility we have in Long Beach any longer.”
Norris said the company was paying $170,000 a month in rent on the current facility at the Long Beach Airport.
“All we need is a bunch of offices and a service center at an airport, since all production will be in Kerrville,” Norris said. “We plan to move to another site in California to reduce costs and concentrate money on Kerrville.”
Norris said he has found a facility in Santa Barbara, about 100 miles up the coast from Long Beach, which could provide the needed space for corporate offices, a design center, marketing and a service center.”
Cost of the Santa Barbara Airport facility would be one-third the cost of the present facility, Norris said. He said no final decision had been made yet on the California move.
© 2002 The Daily Times. All rights reserved.
Tirex Concludes Settlement Agreement with Respect to Convertible Notes
(OTC BULLETIN BOARD - "TXMC")
TXMC 0.02 +0.001 (+5.26%) 0.019 0.02 14,300
MONTREAL, May 16 /PRNewswire-FirstCall/ - The TIREX Corporation (OTCBB- TXMC) announced today that it had concluded a Settlement Agreement with the Investor Group which had been issued convertible notes in exchange for an initial investment of US$750,000, as reported in the Company's previous filings with the SEC. Under the terms of the Settlement Agreement, the Company will reimburse the Investors their investment plus interest and penalties provided for under the initial Convertible Note. Reimbursement will take place over a period of up to two years, during which time the Investors will also have a limited right to sell shares of common stock held as collateral by the Investor Group, with any proceeds from these sales being applied to reduce the amount due. The Agreement also provides for the issuance of three series of warrants, 500,000 each, and each exercisable at increasing prices up to ten cents per share. This Settlement Agreement means that the Company will not be drawing down any additional funds from the Investor Group under the original US$5,000,000 facility and also resolves an alleged technical default respecting certain filing dates relating to the Company's SB-2 Registration Statement currently on file with the SEC.
Tirex President, John L. Threshie Jr. stated, "We are very pleased to have been able to arrive at this Settlement Agreement with the Investor Group and we appreciate the confidence the Investor Group has shown to the Company by extending the repayment period for two years which permits the Company to conserve working capital. This Settlement Agreement also allows the Company to avoid having to issue a very large number of shares under the terms of the original Convertible Notes Agreement, and what could have been significant dilution for our shareholders."
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE Tirex Corporation
/CONTACT: Jackie Reid, The Tirex Corporation,
514.933.2518, Fax: 514.933.6368, www.tirex.com/
Corporate Profile for Mooney Aerospace Group, Ltd., dated May 17, 2002
May 17, 2002 (BUSINESS WIRE) -- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: May 17, 2002 Company Name: Mooney Aerospace Group, Ltd. Address: 3205 Lakewood Boulevard Long Beach, CA 90808 Main Telephone Number: (562) 938-8618 Fax: (562) 938-8620 Internet Home Page Address (URL) MOONEY.COM Chairman, Chief Executive Officer: Roy Norris Chief Financial Officer: L. Peter Larson Exec. VP, Gen. Counsel: J. Nelson Happy Industry: Aerospace & Defense Trading Symbol/ Exchange: OTC BB: AASI
Company description: For more than 50 years, Mooney Airplane Company, Inc., a wholly-owned subsidiary of Mooney Aerospace Group, Ltd., has been recognized by pilots worldwide as the leading designer and manufacturer of FAA-Certified, High-Performance, Single-Engine Aircraft. Its ubiquitous brand, the forward swept tail, is instantly recognizable at airports all over the world and helps to create its speed advantage. Mooney Airplane Company currently markets three Mooney models: Bravo, Ovation2 and Eagle2. Mooney production began 53 years ago and over 10,000 airplanes have been delivered worldwide. Complete information on the Mooney Airplane Company and its products is available at www.mooney.com.
CONTACT: Mooney Aerospace Group, Ltd. URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.
Copyright (C) 2002 Business Wire. All rights reserved.
Mooney Aerospace Group Engages Balfour Advisors, LLC As Advisors
LONG BEACH, Calif., May 9, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Mooney Aerospace Group, Ltd., formerly Advanced Aerodynamics & Structures, Inc. (OTC Bulletin Board: AASI) announced today that it has entered into an agreement with Balfour Advisors, LLC, a New York investment firm to act as advisors to the company in its acquisition of additional general aviation product lines.
"We have the expertise in place and a plan to acquire at least two other major general aviation product lines that are complementary to the Mooney aircraft models," Roy Norris, Chairman & CEO of the Mooney Aerospace Group, Ltd., said. "We are in serious negotiations with a major producer of single and twin-engine piston aircraft in the six-passenger size range and with Century Aerospace Corporation for the rights to manufacture the Century Jet -- one of the exciting new micro-jet models under development. Our association with Balfour will provide expertise in completing these additional acquisitions, raising operating funds for the company during the near term, and the funds necessary to complete these acquisitions in a timely manner."
"We are very pleased to be able to advise Mooney concerning their acquisition plans as well as their overall financial structure," said Joseph E. Sarachek, President of Balfour Advisors, LLC. Balfour is actively reviewing additional strategic opportunities for Mooney. "I am very impressed with Mooney's management team, and I believe that their business plan will result in a number of successful acquisitions. We look forward to being able to assist the company in obtaining the necessary financing and in working with it to increase shareholder value," said Jay Goldsmith, chairman of Balfour.
Balfour Advisors, LLC, is a New York investment firm that provides financial advisory services to companies. Balfour advised AASI in the acquisition of the secured debt of Congress Financial Corp. that led to the acquisition of the Mooney assets. The Mooney Aerospace Group, Ltd. completed the purchase of assets of Mooney Aircraft Company on April 19, 2002, and is bringing the Mooney production facility back to full operation by year-end.
For further information, please contact
The Mooney Aerospace Group, Ltd., formerly Advanced Aerodynamics & Structures Inc., Long Beach, Investor Relations Manager, 562/938-8618, IR@aasiaircraft.com. For product or corporate information: Nelson Happy, Executive Vice President, 562/938-8618, nhappy@aasiaircraft.com. Additional information is available at the Company's website: www.aasiaircraft.com . For further information about Balfour Advisors, please contact Joseph E. Sarachek, 620 Fifth Avenue, 7th Fl., New York, New York 10020 (212) 489-8040, (212) 265-8049 fax or at www.balfournyc.com
For more information, please contact: Roy Norris, +1-562-938-8618, rnorris@mooneyltd.com, or J. Nelson Happy, +1-562-938-8618, nhappy@mooneyltd.com, both of Mooney Aerospace Group, Ltd.; or Al Eidson, +1-816-474-0747, al@eidson-co.com, for Mooney Aerospace Group, Ltd.; or Mathew Henderson of CEOcast, Inc., +1-212-732-4300, mhenderson@ceocast.com, for AASI
SOURCE Mooney Aerospace Group, Ltd.
CONTACT: Roy Norris, +1-562-938-8618, rnorris@mooneyltd.com, or J. Nelson Happy, +1-562-938-8618, nhappy@mooneyltd.com, both of Mooney Aerospace Group, Ltd.; or Al Eidson, +1-816-474-0747, al@eidson-co.com, for Mooney Aerospace Group, Ltd.; or Mathew Henderson of CEOcast, Inc., +1-212-732-4300, mhenderson@ceocast.com, for AASI URL: http://www.balfournyc.com http://www.aasiaircraft.com
Williams Communications Tops Next-Generation Carriers in Atlantic-ACM's 2002 'Wholesale Carrier Report Card'
Company Places First or Second in Every Category, Underscoring Its Co
TULSA, Okla., May 14, 2002 /PRNewswire-FirstCall via COMTEX/ -- Reinforcing its position as one of the industry's leading broadband providers, Williams Communications (OTC Bulletin Board: WCGRQ) has performed exceptionally in Atlantic-ACM's 2002 "Wholesale Carrier Report Card," placing first or second in each of the six survey categories and leading all next-generation carriers. The study, conducted by telecom analyst firm Atlantic-ACM in November and December 2001, asked 600 wholesale customers to rank their network service provider based on customer service, products, network, billing, pricing and provisioning.
Williams Communications was the leader in the customer service area, improving its performance by 28 percent from the 2001 study. In this category, customers rated carriers on professionalism, information/technical expertise, responsiveness, proactive/consultative selling, and marketing support.
"These scores reflect superior service and clear satisfaction with Williams Communications. By remaining committed to improving customer service and operations, Williams Communications should remain a strong player in the wholesale arena," said Judy Reed-Smith, chief executive officer of Atlantic- ACM.
Williams Communications also placed first in the provisioning and pricing categories, both key elements that will affect wholesalers' success in customer retention, according to Atlantic-ACM. In the provisioning category, which measures the time it takes to turn up network service and the simplicity and effectiveness of the ordering system, Williams Communications improved its position by 67 percent compared to the 2001 study, surpassing larger, more established carriers.
"Williams Communications is committed to providing exceptional customer service and achieving operational excellence. This survey confirms we are reaching our goals and exceeding our customers' expectations," said Frank Semple, chief operating officer for Williams Communications. "As we move through our restructuring efforts, customers can be assured that we will remain dedicated to delivering the superior network services they require."
For further information about the Atlantic-ACM "Wholesale Carrier Report Card and Industry Analysis 2002-2006," visit http://www.atlantic-acm.com/indrpts/curntrpts.htm .
About Williams Communications Group, Inc.
Based in Tulsa, Okla., Williams Communications Group, Inc., is a leading broadband network services provider focused on the needs of bandwidth-centric customers. Williams Communications operates the largest, most efficient, next-generation network in North America. Connecting 125 U.S. cities and reaching five continents, Williams Communications provides customers with unparalleled local-to-global connectivity. By leveraging its infrastructure, best-in-breed technology, connectivity and network and broadband media expertise, Williams Communications supports the bandwidth demands of leading communications companies around the globe. For more information, visit www.williamscommunications.com .
About ATLANTIC-ACM, Inc.
ATLANTIC-ACM, founded in the early 1980s, is an international strategy, consulting and research firm serving emerging and converging networked communications industries worldwide. We offer authoritative reports on the telecommunications industry and proprietary consulting to companies in telecommunications information industries worldwide, as well as merger and acquisition counsel. For more information, visit www.atlantic-acm.com
Certain statements made by Williams Communications in this release may constitute "forward-looking statements" that are made in reliance on the "safe harbor" protections provided under the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated or indicated. For more detail regarding such risks and uncertainties, please refer to Williams Communications' periodic reports and other filings with the Securities and Exchange Commission. All trademarks are the property of their respective owners.
Contacts: Patty McKissick Williams Communications (media) (918) 547-5750 Patty.mckissick@wcg.com Lindsay Hurley Williams Communications (investors) (918) 547-3773 Lindsay.hurley@wcg.com MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X19373635
SOURCE Williams Communications Group, Inc.
CONTACT: media, Patty McKissick, +1-918-547-5750, or Patty.mckissick@wcg.com , or investors, Lindsay Hurley, +1-918-547-3773, or Lindsay.hurley@wcg.com , both of Williams Communications Group, Inc.
GlobalAxxess Announces Intent to Swap With WCGRQ Shareholders
TULSA, Okla., May 8, 2002 /PRNewswire via COMTEX/ -- GlobalAxxess Holdings has announced its intent to submit a plan to the stockholders of Williams Communications Group ("WCG" Ticker Symbol "WCGRQ") that will protect their interests by swapping WCG shares for privately-held shares of GlobalAxxess. GlobalAxxess intends to submit a bankruptcy bid for WCG in such a manner that the WCG stockholders would not be wiped out. According to the current reorganization plan that was filed as the Chapter 11 bankruptcy it is intended to wipe out the economic interests of all out existing shareholders. See http://bankrupt.com/williams.txt .
The Company intends to offer stock swap agreements that the WCG stockholders will be included in a reorganization plan that is sponsored by GlobalAxxess on behalf of WCG and its shareholders. Such swap agreements would be contingent upon bankruptcy acquisition of WCG by GlobalAxxess and subject to reaching agreements that would resolve matters with creditors, equity holders and other interested parties.
The GlobalAxxess swap offers will be available to holders of the publicly traded shares, the WCG employees who would suffer loss to their 401(k) plans under the proposed reorganization, and the ERISA fraud claimants that have already filed suit against The Williams Companies and contemplating such action against WCG. See http://www.erisafraud.com/williamsco/ .
GlobalAxxess has indicated to WCG its desire to submit a proposal that would acquire the company and implement a comprehensive workout with creditors and shareholders but was not allowed into the negotiations prior to the April 22 bankruptcy filing. On April 12, GlobalAxxess notified WCG and legal counsel for the Unofficial Creditors Committee that a higher GlobalAxxess offer was open for discussions but the negotiations remained in "lock up" and a higher offer was not considered. As part of that bankruptcy filing, it was announced that the WCG equity holders would receive nothing in the proposed reorganization and the Williams Companies had offered $200 million and a conversion of creditor debt into equity shares of a new reorganized entity that would be owned by The Williams Companies and WCG creditors.
Preliminary discussions between GlobalAxxess and creditor representatives commenced May 7.
GlobalAxxess is engaged in the acquisition of multiple networks and consolidation of the assets into one operating company to deliver a broad range of services. GlobalAxxess believes that its consolidation approach will strengthen the surviving companies well beyond any standalone plan and build greater value for stockholders and creditors.
Interested shareholders should register at the Williams Communications Shareholder Web site at http://www.wcgiso.com/ .
GlobalAxxess is a privately held company and an initial public offering is planned for 2004 if market conditions permit. At time of an IPO, much of the losses of the WCG equity holders should be recoverable as well as those creditors who convert part of their claims into an equity stake during the reorganization process.
MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X03359613
SOURCE GlobalAxxess Holdings
CONTACT: Karl Schwarz, Chairman and CEO of GlobalAxxess Holdings, +1-501-663-4959
Cycle Country Generates Over $7 Million in Revenues for the First Six Months of Fiscal 2002
MILFORD, Ia., May 16, 2002 (BUSINESS WIRE) -- Cycle Country Accessories Corp. (OTCBB:CYCY), the recognized leader in developing and manufacturing custom-fitted accessories for the all-terrain vehicle (ATV), announces revenues of $7,034,823 for the six-month period ending March 31, 2002. This represents a 5.8% decrease compared with record revenues of $7,447,973 for the same period in 2001. Gross profit for the first and second quarter totaled $1,992,772 verses $2,152,095 for the comparable period in 2001. The Company reported net income from operations of $584,004 compared to $882,465 for the corresponding period last year.
The seasonality of one of Cycle Country's most popular products, the snowplow blade, was significantly impacted due to one of the mildest winters on record. Additionally, during the second quarter of last year the Company had unusually high sales of blade products as their distributors ordered late in the quarter to achieve rebate program goals. This did not occur in the second quarter of this year since most distributors had already achieved rebate program incentive levels. This bodes well for the Company's next two quarters since less product needs to be sold at retail before dealer ordering begins in earnest during the summer and fall.
The Company foresees the selling, general and administrative expenses to remain consistent or to decrease slightly as a percent of revenues during the remainder of fiscal 2002 ending September 30, 2002. This will be achieved from the increased production of new and existing products from the current manufacturing capacity available at their operating facilities in Iowa.
The president of Cycle Country, Ron Hickman stated: "Even though the company experienced decreased sales from the seasonal plow business, sales from new product introductions nearly bridged the gap." Mr. Hickman continued: "Going forward, we anticipate our revenues to increase during the third and fourth quarters, because product inventories within our distribution network are relatively low, which historically leads to increased orders and sales activity. Other key factors contributing to our projection of increased revenues for the remainder of fiscal 2002 include the early success of our new product introductions and the re-engineering of our mainstay products. Additionally, the successful completion of acquiring Perf-Form Products and their premium motorcycle and ATV oil filters should begin to have a positive impact to earnings from our substantially greater distribution channels throughout North America."
On a final note, Mr. Hickman added: "We will continue to address the seasonality of any of our products by continuing our new product expansion efforts while developing several exciting new markets including the lucrative Lawn & Garden category. Cycle Country will record its twenty first year of sustained profitability and our projection for double-digit earnings growth again for 2002 is very much anticipated."
About Cycle Country Accessories Corp.
Cycle Country, http://www.cyclecountry.com, with over 50% of the worldwide market, is the industry leader in the design, engineering and manufacturing of custom-fitting accessories for the utility all-terrain vehicle (ATV).
Since 1981, Cycle Country has developed an extensive line of branded products of mowers, plows, spreaders, sprayers, hitches and many other utility equipment items along with accessories for the recreational user. The Company's accessories custom fit virtually every brand of ATV on the market. Cycle Country's ATV accessories are distributed throughout the U.S. and Canada by a group of 16 distributors who sell their products to essentially all ATV and motorcycle dealers in North America.
The Company has also developed strategic arrangements with 19 international distributors that have sold Cycle Country products in 40 countries throughout Asia, Europe, Central and South America. Additionally, Cycle Country dominates the golf car wheel cover market by manufacturing approximately 90% of all wheel covers sold to original equipment manufacturers (OEM's) worldwide. Through a recent acquisition, Cycle Country also sells high-performance premium oil filters for motorcycles and ATVs throughout the U.S. under the brand name Perf-form Products.
For further information, visit Cycle Country's website at http://www.cyclecountry.com or e-mail to IR@cyclecountry.com. Please direct any financial questions to Scott Gibson at Veritas Capital Group via e-mail to CYCY@veritascap.com or phone 407/772-7719 from 9am until 5pm (EST). Cycle Country Accessories Corporation Headquarters: 2188 Highway 86, Milford, Iowa 51351, 800/841-2222.
This press release does not constitute an offer to sell or the solicitation of any offer to buy any securities of Cycle Country Accessories Corporation, nor shall there be any sale of any such security in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward looking statements: This press release and other statements by Cycle Country may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "potential," or future/conditional verbs such as "will," "should" and "could."
CONTACT: Veritas Capital Group, Heathrow, Fla. Scott Gibson, 407/772-7719 CYCY@veritascap.com URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.
Copyright (C) 2002 Business Wire. All rights reserved.