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Monday, November 27, 2006 8:47:51 AM
No one is sure what the value will be but I'm hoping for the best..:)
U.S. Sustainable Energy Corp. (OTC: USSE), Playstar Corporation (OTC:PLYCF), Paypro Incorporated (OTC:PYPR), Centrex, Inc. (OTC:CTXI).Check and visit us at TraderWorks.com for more.
U.S. Sustainable Energy Corp. (OTC: USSE) announced on Friday that it will spin-off and distribute its wholly owned subsidiary Sustainable Power Corp. as a dividend to its stockholders of record as of Dec.1, 2006. John Rivera, CEO of USSEC, stated, "The spin-off of Sustainable Power Corp. reflects the need and opportunity for this wholly owned subsidiary of USSE to become a separately traded public company so that it may focus entirely on green power generation and distribution to municipalities and government entities around the globe. By effecting this spin-off into two separate publicly traded companies, we can maintain the zero emissions status that we have worked so hard to attain. We will be 100% emission free in our state of the art organic 7-3-7 fertilizer manufacturing plant. Our recycling division will work very closely with Sustainable Power Corp. to maximize the efficiencies of the various green power and green co-generations systems currently in the engineering stages both in the United States and European Communities. All USSE shareholders of record as of Dec. 1, 2006 will receive this distribution."
Playstar Corporation (OTC:PLYCF) is pleased to announce today that its 100% owned subsidiary Premier Mobile Technologies Inc. will begin to offer its proprietary BID797979.COM Reverse Auction software platform to other companies throughout North America immediately Premier Technologies realizes that other companies will be jumping into the massive reverse auction market bandwagon, so offering our exclusive software will generate further revenues for the company. Premier has spent months in the research, development and testing of its software including the build-in of an exclusive loyalty program which enhances the software's ability. Premier is currently marketing its software through aggregators who work between the cellular phone companies and operators of SMS businesses. Our software would give a turnkey solution to anyone wanting to enter the rapidly growing reverse auction market. In reverse auctions, customers can win high value auction items for pennies. Rather than bidding in ever increasing amounts until a winner emerges, reverse auctions work in a different way. The idea is that bidders place what they think will be the "lowest unique" bid to win the auction. The important thing to remember here is that the bid has to be unique to win - in other words, not only does it need to be the lowest amount, it also has to be an amount that no-one else has placed. www.bid797979.com will go live with its website when all carriers have approved its application and prizes are in place for its national launch. Premier Mobile Technologies anticipates being ready to launch within the next 60 days.
Stock Price: 0.09, Up+ 20.81% on 6,733,969 shares traded
PayPro, Incorporated (OTC:PYPR) forms PayPro Latin America, S.A. PayPro, Inc. announces the formation of PayPro Latin America, S.A. a Panamanian corporation that will coordinate between PayPro, Inc and the Panama Canal Expansion Program and other related projects and developments. PayPro Latin America, S.A. will be capitalized at $1,000,000.00 dollars US. PayPro Latin America, S.A. was formed to coordinate all infrastructure projects and developments in Latin America, through Panama, which includes all micro forest and CO2 carbon neutrality programs, "A family's way to gain carbon (CO2) neutrality status." PayPro, Inc. and PayPro Latin America, S.A. will release more announcements in the next few weeks as they develop.
Stock Price: 0.0049, Up+ 1039% on 100.56M shares traded
Centrex, Inc. (OTC:CTXI) announced recently that a final agreement has been reached with MicroCars, Pvt Ltd., a Sri Lankan company, to handle the international license and business development for the automobile assembly operations that has been developed in Sri Lanka. Centrex will acquire 51% interest and assume control of MicroCars International, a wholly owned subsidiary of MicroCars. This acquisition gives Centrex the rights to represent the MicroCars technology and manufacturing systems in all markets outside Sri Lanka. The Company already has inquiries from several nations, including Nepal, Bhutan, Syria and Sudan. Centrex will offer the MicroCars system on a license basis. MicroCars will provide support in design and engineering of the physical plant, training of workers, assistance in materials procurement and management, training in the use of special manufacturing, assembly and quality control technologies, as well as assistance in marketing and government relations. Centrex will receive a percentage of the license agreements it is able to negotiate with parties in other countries, as well as a percentage of royalties or other fees that are associated with each new transaction for a term of three years. This term is renewable for another three years. License fees, royalties and other fees are still being negotiated and most likely will be determined on a case by case basis. MicroCars was established in 2001 by Dr. Lawrence Perera, a veteran automotive designer and engineer who had previously worked with BMW, Volkswagen and other major automobile manufacturers. Dr. Lawrence developed the concept to create a car manufacturing system that is far less capital intensive so that smaller, developing nations can use the labor force to manufacture and assemble quality, economical cars, vans and pickup trucks. More information on Centrex, Inc. can be found at www.centrexglobal.com.
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