Asia Global Holdings Corp. (fka AAGH)

[jaybird249]

Stocks on the Rise- PFNC, LBTN, AAGH"
8/11/2006
Aug 11, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Wall Street, NYC-Today, wallstreetgrapevine.com, named; ParaFin Corporation (OTC BB: PFNC), Lifeline Biotechnologies Inc. (Pink Sheets: LBTN), and Asia Global Holdings Corp. (OTC BB: AAGH); their "Stocks on the Rise."

ParaFin Corporation (OTC BB: PFNC, http://www.marketwatch.com/tools/quotes/quotes.asp?symb=pfnc&siteid=mktw )

ParaFin Corporation Announces the Final Stage in the Process of Selling 90 Million Barrels Valued at US$6,800,000,000

ParaFin Corporation has structured the sale of its Russian Export Blend Crude Oil (REBCO) allocation of (90) ninety million barrels, as the ("Product"), in such a way as to provide the prospective buyers, such as Global Energy Trading Ltd., with flexibility for payment, delivery and Investment. The value of the Product at current Market Price of $77 per Barrel is equal to approximately $6,800,000,000 (US$6.8 Billion).

"When you deal with entities of this size and sophistication in an extremely large transaction, the complexities of the deal are enormous," stated Mr. Frank Saez, Asset Manager of ParaFin. "We have worked out the details with the prospective buyers, and are now waiting for the insurance company, who will issue the performance bond, to finish its due diligence." The Product is ready for sale and deliverable in (1,000,000) One-Million Metric Tons of REBCO per month from the Baltic and Black Sea (the "Loading Ports"). The price is discounted pursuant to the payment terms and conditions as FOB Loading Ports, as follows: Option-I; Buyer delivering a Monthly Revolving Irrevocable-Documentary-Letter-Credit (IDLC) with Cargo-by-Cargo payments upon presentation of Bill-of-Lading and a 2% Performance Bond to guarantee timely Vessel arrival and loading; the Net Discount is $2.50 per Barrel.

Option-II; Buyer delivering a Stand-By-Letter-Credit Format 458 Demand Guarantee (SBLC); The Net Discount per barrel will be negotiated depending on the number of months paid for the Monthly Shipment Value (MSV).

Option-III; Buyer delivering as per Option-I for the basic Net Discount of $2.50 per Barrel and any number of MSV as per Option-II.

Option-IV: Buyer can purchase the Product as they would any security like a bond or a stock. ParaFin has issued a fully registered Series "A" Preferred Stock with the underlying value of the REBCO Product. The Net Discount per barrel would be negotiated based on the Purchase Quantity.

Each Preferred Stock Certificates (issue price $77,000 per Preferred Share) is represented by one thousand (1,000) Barrels of the REBCO Product ($77 per Bbl.). The Certificate has a CUSIP and ISIN # that can be posted on Bloomberg or EuroClear. Settlement can be via Depository Trust Corp. (DTC), EuroClear or Bank-to-Bank. The holder of the Certificate has the security's Market Liquidity and a Physical Redemption Feature for delivery on FOB Loading Ports in minimum quantities of (50,000) Fifty-Thousand Metric Tons and as per port availability within a 60-day time period.

Confirmation of the Product and its delivery will be provided inclusive with an Insurance Binder for the entire purchase amount that will cover any non-delivery event inclusive of Political Risk and Civil Unrest coverage. The coverage is provided by an "A" rated Insurance Company. ParaFin will secure a Futures Contract to protect the Investor from any downward price movement of the Product. The coverage is limited to the Investor's original investment, however, additional coverage can be secured by request and at Buyer's expense.

Lifeline Biotechnologies Inc. (Pink Sheets: LBTN, http://www.marketwatch.com/tools/quotes/quotes.asp?symb=lbtn&siteid=mktw )

Lifeline Biotechnologies, Inc. Announces Pay Date for Stock Dividend to Shareholders of Record

Lifeline Biotechnologies, Inc. (PINKSHEETS: LBTN) announced today that September 29, 2006 will be the date on which the stock dividend will be issued to their shareholders as of the record date of August 18, 2006. Lifeline Biotechnologies' shareholders will receive 1 share of SLSE stock for every 100 shares of LBTN stock owned by the record date.

Lifeline Biotechnologies and Solos Endoscopy recently announced during a joint national teleconference their plans to target the $20 billion minimally invasive medical market. Also, Lifeline Biotechnologies will now be implementing an aggressive acquisition strategy focusing on alternate energy projects.

Solos Endoscopy, Inc. announced during the national teleconference that the Company will be looking to grow their business rapidly in order to reach the $20 million to $30 million annual revenue levels Solos had experienced in the 1990s. Solos Endoscopy, Inc. will be distributing their recently acquired Lifeline Biotechnologies product line, as well as their endoscopic products to over 3,000 hospitals worldwide.

"We are very excited to announce the pay date for our stock dividend. We believe that this will add a considerable value for our shareholders. We appreciate our shareholders and are pleased to recognize their loyalty," stated Jim Holmes, CEO and President of Lifeline Biotechnologies, Inc.

About Solos Endoscopy, Inc.

Solos Endoscopy, Inc. is a healthcare technology company whose mission is to develop and market breakthrough technology, applications, medical devices, and procedural techniques for the screening, diagnosis, treatment and management of disease and medical conditions. Backed by technical support, Solos' sales team can help make the right buying decisions for the hospital, surgery center, or physician office. Additional information is available on the Company's website at: www.solosendoscopy.com.

About Lifeline Biotechnologies, Inc.

Lifeline Biotechnologies develops and acquires undervalued companies which have innovative technology in the medical, nutraceutical, and energy industries, to increase the growth of the Company. Lifeline Biotechnologies continues to seek out and capitalize on emerging technologies that will change the medical, nutraceutical, and energy community. More information is available at the company's website: www.lbtn.com.

Asia Global Holdings Corp. (OTC BB: AAGH, http://www.marketwatch.com/tools/quotes/quotes.asp?symb=aagh&siteid=mktw )

BonusAmerica Worldwide Corp. Announces Name Change, and New Trading Symbol AAGH

BonusAmerica Worldwide Corp. (formerly trading under the symbol BAWC) announced today that its new name effective as of July 17, 2006 is Asia Global Holdings Corporation and it now trades under the new symbol AAGH.

The company's new name is consistent with its strategy of Asia-based but global growth plans. Earlier this year the company announced that it has moved its headquarters to Hong Kong, while still retaining its offices in US and mainland China.

The company intends to accelerate its growth by acquiring or investing in profitable companies with reputable management and high growth potential, not only in Asia but in other emerging high growth economies.

The Board of Directors also stated that it intends to continue to build the Company's core business of Media and Advertising services in China as it believes the growth opportunities in this segment are, and will continue for many years to be, excellent as the China economy continues its unprecedented expansion.

To further build its core business the Company recently announced it has entered into agreements with three established media agents, each with a successful media sales track record in China, granting them the right to sell -- in mainland China -- all of the Media and Advertising services of its wholly-owned subsidiary Sino Trade Intelligent Development Corp. The new agencies are all located in northern China, two are in Beijing and one is located in the province of Jilin.

Asia Global Holdings Corp has a strong focus on building business in China and other emerging regions and markets in Asia and worldwide. The company's present subsidiaries participate in media & advertising and marketing services. The Company has offices in the US, Hong Kong and mainland China.

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